10-D 1 msi07nc2_10d-200710.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: September 26, 2007 to October 25, 2007 Commission File Number of issuing entity: 333-130694-27 Morgan Stanley ABS Capital I Inc. Trust 2007-NC2 (Exact name of issuing entity as specified in its charter) Commission File Number of depositor: 333-130694 Morgan Stanley ABS Capital I Inc. (Exact name of depositor as specified in its charter) Morgan Stanley Mortgage Capital Holdings LLC, successor-in-interest by merger to Morgan Stanley Mortgage Capital Inc. (Exact name of sponsor as specified in its charter) New York (State or other jurisdiction of incorporation or organization of the issuing entity) 54-2199706 54-2199707 54-2199708 54-2199709 54-2199710 54-6744173 (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-2fpt _____ _____ __X___ ____________ A-2a _____ _____ __X___ ____________ A-2b _____ _____ __X___ ____________ A-2c _____ _____ __X___ ____________ A-2d _____ _____ __X___ ____________ M-1 _____ _____ __X___ ____________ M-2 _____ _____ __X___ ____________ M-3 _____ _____ __X___ ____________ M-4 _____ _____ __X___ ____________ M-5 _____ _____ __X___ ____________ M-6 _____ _____ __X___ ____________ B-1 _____ _____ __X___ ____________ B-2 _____ _____ __X___ ____________ B-3 _____ _____ __X___ ____________ X _____ _____ __X___ ____________ R _____ _____ __X___ ____________ RX _____ _____ __X___ ____________ P _____ _____ __X___ ____________

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes __X__ No ____ Part I - DISTRIBUTION INFORMATION Item 1. Distribution and Pool Performance Information On October 25, 2007 a distribution was made to holders of Morgan Stanley ABS Capital I Inc. Trust 2007-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 Morgan Stanley ABS Capital I Inc. Trust 2007-NC2, relating to the October 25, 2007 distribution. (b) The exhibits required to be filed by the Registrant pursuant to this Form are listed above and in the Exhibit Index that immediately follows the signature page hereof. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. Morgan Stanley ABS Capital I Inc. Trust 2007-NC2 (Issuing Entity) Wells Fargo Bank, N.A. (Master Servicer) /s/ Elisabeth A. Brewster Elisabeth A. Brewster, Vice President Date: November 6, 2007 EXHIBIT INDEX Exhibit Number Description EX-99.1 Monthly report distributed to holders of Morgan Stanley ABS Capital I Inc. Trust 2007-NC2, relating to the October 25, 2007 distribution. EX-99.1 Morgan Stanley ABS Capital I Inc. Mortgage Pass-Through Certificates Distribution Date: 10/25/2007 Morgan Stanley ABS Capital I Inc. Mortgage Pass-Through Certificates Series 2007-NC2 Contact: Customer Service - CTSLink Wells Fargo Bank, N.A. Securities Administration Services 8480 Stagecoach Circle Frederick, MD 21701-4747 www.ctslink.com Telephone: 1-866-846-4526 Fax: 240-586-8675

Certificateholder Distribution Summary Class CUSIP Record Certificate Beginning Interest Date Pass-Through Certificate Distribution Rate Balance A-1 61753NAA8 0510/24/2007 5.~~45000~~26125% 9687,~~707~~515,~~000~~858.0026 ~~322~~383,~~088~~702.0434 A-2fpt 61753NAB6 0510/24/2007 5.~~47000~~28125% ~~200~~176,~~000~~569,~~000~~767.0003 ~~668~~777,~~555~~090.5690 A-2a 61753NAC4 0510/24/2007 5.~~43000~~24125% ~~227~~193,~~615~~991,~~000~~444.0018 ~~755~~847,~~302~~298.4405 A-2b 61753NAD2 0510/24/2007 5.~~52000~~33125% 59,395,000.00 ~~200~~263,~~359~~874.1366 A-2c 61753NAE0 0510/24/2007 5.~~58000~~39125% 146,350,000.00 ~~499~~657,~~053~~507.5086 A-2d 61753NAF7 0510/24/2007 5.~~65000~~46125% 72,528,000.00 ~~250~~330,~~423~~077.0795 M-1 61753NAG5 0510/24/2007 5.~~69000~~50125% 47,020,000.00 ~~163~~215,~~498~~557.9931 M-2 61753NAH3 0510/24/2007 5.~~74000~~55125% 47,021,000.00 ~~164~~217,~~939~~521.2211 M-3 61753NAJ9 0510/24/2007 5.~~87000~~68125% 22,159,000.00 79104,~~489~~909.2602 M-4 61753NAK6 0510/24/2007 6.~~32000~~13125% 19,997,000.00 77102,~~232~~172.8617 M-5 61753NAL4 0510/24/2007 6.~~52000~~33125% 19,457,000.00 77102,~~525~~655.3494 M-6 61753NAM2 0510/24/2007 76.~~07000~~88125% 17,835,000.00 77102,~~057~~272.1158 B-1 61753NAN0 0510/24/2007 7.~~32000~~13125% 18,376,000.00 82109,~~201~~203.9721 B-2 61753NAP5 0510/24/2007 7.~~32000~~13125% 15,133,000.00 6789,~~694~~931.9501 B-3 61753NAQ3 0510/24/2007 7.~~32000~~13125% 15,674,000.00 7093,~~115~~146.0301 X MORGAN07NC2 0409/3028/2007 0.00000% 55,~~669~~668,~~238~~216.5328 32,~~447~~008,~~532~~287.6496 R MORGAN07NC2 0409/3028/2007 0.00000% 0.00 0.00 RX MORGA07NC2R 0409/3028/2007 0.00000% 0.00 0.00 P MORGAN07NC2 0409/3028/2007 0.00000% 0.00 92106,~~071~~956.4875 Totals 1,~~080~~014,~~936~~690,~~238~~285.5375 76,~~095~~512,~~140~~164.5983

Certificateholder Distribution Summary (continued) Class Principal Current Ending Total Cumulative Distribution Realized Certificate Distribution Realized Loss Balance Losses A-1 21,~~734~~390,~~015~~941.9816 0.00 9386,~~972~~124,~~984~~917.0210 31,~~056~~774,~~104~~643.0250 0.00 A-2fpt 52,~~388~~620,~~796~~336.4670 0.00 ~~194~~173,~~611~~949,~~203~~430.5433 63,~~057~~397,~~352~~427.0260 0.00 A-2a 73,~~733~~760,~~192~~314.3618 0.00 ~~219~~190,~~881~~231,~~807~~130.6400 84,~~488~~607,~~494~~612.8023 0.00 A-2b 0.00 0.00 59,395,000.00 ~~200~~263,~~359~~874.1366 0.00 A-2c 0.00 0.00 146,350,000.00 ~~499~~657,~~053~~507.5086 0.00 A-2d 0.00 0.00 72,528,000.00 ~~250~~330,~~423~~077.0795 0.00 M-1 0.00 0.00 47,020,000.00 ~~163~~215,~~498~~557.9931 0.00 M-2 0.00 0.00 47,021,000.00 ~~164~~217,~~939~~521.2211 0.00 M-3 0.00 0.00 22,159,000.00 79104,~~489~~909.2602 0.00 M-4 0.00 0.00 19,997,000.00 77102,~~232~~172.8617 0.00 M-5 0.00 0.00 19,457,000.00 77102,~~525~~655.3494 0.00 M-6 0.00 0.00 17,835,000.00 77102,~~057~~272.1158 0.00 B-1 0.00 0.00 18,376,000.00 82109,~~201~~203.9721 0.00 B-2 0.00 0.00 15,133,000.00 6789,~~694~~931.9501 0.00 B-3 0.00 0.00 15,674,000.00 7093,~~115~~146.0301 0.00 X 0.00 0.00 55,668,216.28 32,~~447~~008,~~532~~287.6496 0.00 R 0.00 0.00 0.00 0.00 0.00 RX 0.00 0.00 0.00 0.00 0.00 P 0.00 0.00 0.00 92106,~~071~~956.4875 0.00 Totals 157,~~856~~771,~~004~~592.8004 0.00 1,~~065~~006,~~079~~918,~~211~~693.4871 2214,~~951~~283,~~145~~756.3987 0.00 As Master Servicer, Wells Fargo Bank, N.A. has independently calculated collateral information based on loan level data received from external parties, which may include the Servicers, Issuer and other parties to the transaction. Wells Fargo Bank, N.A. expressly disclaims any responsibility for the accuracy or completeness of information furnished to it by those third parties. All Record Dates are based upon the governing documents and logic set forth as of closing.

Principal Distribution Statement Class Original Beginning Scheduled UnScheduled Accretion Face Certificate Principal Principal Amount Balance Distribution Distribution A-1 96,707,000.00 9687,~~707~~515,~~000~~858.0026 0.00 21,~~734~~390,~~015~~941.9816 0.00 A-2fpt 200,000,000.00 ~~200~~176,~~000~~569,~~000~~767.0003 0.00 52,~~388~~620,~~796~~336.4670 0.00 A-2a 227,615,000.00 ~~227~~193,~~615~~991,~~000~~444.0018 0.00 73,~~733~~760,~~192~~314.3618 0.00 A-2b 59,395,000.00 59,395,000.00 0.00 0.00 0.00 A-2c 146,350,000.00 146,350,000.00 0.00 0.00 0.00 A-2d 72,528,000.00 72,528,000.00 0.00 0.00 0.00 M-1 47,020,000.00 47,020,000.00 0.00 0.00 0.00 M-2 47,021,000.00 47,021,000.00 0.00 0.00 0.00 M-3 22,159,000.00 22,159,000.00 0.00 0.00 0.00 M-4 19,997,000.00 19,997,000.00 0.00 0.00 0.00 M-5 19,457,000.00 19,457,000.00 0.00 0.00 0.00 M-6 17,835,000.00 17,835,000.00 0.00 0.00 0.00 B-1 18,376,000.00 18,376,000.00 0.00 0.00 0.00 B-2 15,133,000.00 15,133,000.00 0.00 0.00 0.00 B-3 15,674,000.00 15,674,000.00 0.00 0.00 0.00 X 55,669,238.53 55,~~669~~668,~~238~~216.5328 0.00 0.00 0.00 R 0.00 0.00 0.00 0.00 0.00 RX 0.00 0.00 0.00 0.00 0.00 P 0.00 0.00 0.00 0.00 0.00 Totals 1,080,936,238.53 1,~~080~~014,~~936~~690,~~238~~285.5375 0.00 157,~~856~~771,~~004~~592.8004 0.00

Principal Distribution Statement (continued) Class Realized Total Ending Ending Total Loss Principal Certificate Certificate Principal Reduction Balance Percentage Distribution A-1 0.00 21,~~734~~390,~~015~~941.9816 9386,~~972~~124,~~984~~917.0210 0.~~97172887~~89057583 21,~~734~~390,~~015~~941.9816 A-2fpt 0.00 52,~~388~~620,~~796~~336.4670 ~~194~~173,~~611~~949,~~203~~430.5433 0.~~97305602~~86974715 52,~~388~~620,~~796~~336.4670 A-2a 0.00 73,~~733~~760,~~192~~314.3618 ~~219~~190,~~881~~231,~~807~~130.6400 0.~~96602512~~83575832 73,~~733~~760,~~192~~314.3618 A-2b 0.00 0.00 59,395,000.00 1.00000000 0.00 A-2c 0.00 0.00 146,350,000.00 1.00000000 0.00 A-2d 0.00 0.00 72,528,000.00 1.00000000 0.00 M-1 0.00 0.00 47,020,000.00 1.00000000 0.00 M-2 0.00 0.00 47,021,000.00 1.00000000 0.00 M-3 0.00 0.00 22,159,000.00 1.00000000 0.00 M-4 0.00 0.00 19,997,000.00 1.00000000 0.00 M-5 0.00 0.00 19,457,000.00 1.00000000 0.00 M-6 0.00 0.00 17,835,000.00 1.00000000 0.00 B-1 0.00 0.00 18,376,000.00 1.00000000 0.00 B-2 0.00 0.00 15,133,000.00 1.00000000 0.00 B-3 0.00 0.00 15,674,000.00 1.00000000 0.00 X 0.00 0.00 55,668,216.28 0.99998164 0.00 R 0.00 0.00 0.00 0.00000000 0.00 RX 0.00 0.00 0.00 0.00000000 0.00 P 0.00 0.00 0.00 0.00000000 0.00 Totals $0.00 157,~~856~~771,~~004~~592.8004 1,~~065~~006,~~079~~918,~~211~~693.4871 0.~~98533028~~93152460 157,~~856~~771,~~004~~592.8004

Principal Distribution Factors Statement Class Original Beginning Scheduled UnScheduled Accretion Face Certificate Principal Principal Amount Balance Distribution Distribution A-1 96,707,000.00 ~~1000~~904.~~00000000~~95887847 0.00000000 2814.~~27112805~~38304528 0.00000000 A-2fpt 200,000,000.00 ~~1000~~882.~~00000000~~84883515 0.00000000 2613.~~94398230~~10168350 0.00000000 A-2a 227,615,000.00 ~~1000~~852.~~00000000~~27882249 0.00000000 3316.~~97488021~~52050252 0.00000000 A-2b 59,395,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-2c 146,350,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-2d 72,528,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-1 47,020,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-2 47,021,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-3 22,159,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-4 19,997,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-5 19,457,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-6 17,835,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-1 18,376,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-2 15,133,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-3 15,674,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 X 55,669,238.53 ~~1000~~999.~~00000000~~98163708 0.00000000 0.00000000 0.00000000 R 0.00 0.00000000 0.00000000 0.00000000 0.00000000 RX 0.00 0.00000000 0.00000000 0.00000000 0.00000000 P 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 2814.~~27112805~~38304528 ~~971~~890.~~72887195~~57583319 0.~~97172887~~89057583 2814.~~27112805~~38304528 A-2fpt 0.00000000 2613.~~94398230~~10168350 ~~973~~869.~~05601770~~74715165 0.~~97305602~~86974715 2613.~~94398230~~10168350 A-2a 0.00000000 3316.~~97488021~~52050252 ~~966~~835.~~02511979~~75831997 0.~~96602512~~83575832 3316.~~97488021~~52050252 A-2b 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 A-2c 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 A-2d 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 M-1 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 M-2 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 M-3 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 M-4 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 M-5 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 M-6 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 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 X 0.00000000 0.00000000 999.98163708 0.99998164 0.00000000 R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 RX 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 P 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 0509/0325/07 - 0510/24/07 2230 5.~~45000~~26125% 9687,~~707~~515,~~000~~858.0026 ~~322~~383,~~088~~702.0434 0.00 A-2fpt 0509/0325/07 - 0510/24/07 2230 5.~~47000~~28125% ~~200~~176,~~000~~569,~~000~~767.0003 ~~668~~777,~~555~~090.5690 0.00 A-2a 0509/0325/07 - 0510/24/07 2230 5.~~43000~~24125% ~~227~~193,~~615~~991,~~000~~444.0018 ~~755~~847,~~302~~298.4405 0.00 A-2b 0509/0325/07 - 0510/24/07 2230 5.~~52000~~33125% 59,395,000.00 ~~200~~263,~~359~~874.1366 0.00 A-2c 0509/0325/07 - 0510/24/07 2230 5.~~58000~~39125% 146,350,000.00 ~~499~~657,~~053~~507.5086 0.00 A-2d 0509/0325/07 - 0510/24/07 2230 5.~~65000~~46125% 72,528,000.00 ~~250~~330,~~423~~077.0795 0.00 M-1 0509/0325/07 - 0510/24/07 2230 5.~~69000~~50125% 47,020,000.00 ~~163~~215,~~498~~557.9931 0.00 M-2 0509/0325/07 - 0510/24/07 2230 5.~~74000~~55125% 47,021,000.00 ~~164~~217,~~939~~521.2211 0.00 M-3 0509/0325/07 - 0510/24/07 2230 5.~~87000~~68125% 22,159,000.00 79104,~~489~~909.2602 0.00 M-4 0509/0325/07 - 0510/24/07 2230 6.~~32000~~13125% 19,997,000.00 77102,~~232~~172.8617 0.00 M-5 0509/0325/07 - 0510/24/07 2230 6.~~52000~~33125% 19,457,000.00 77102,~~525~~655.3494 0.00 M-6 0509/0325/07 - 0510/24/07 2230 76.~~07000~~88125% 17,835,000.00 77102,~~057~~272.1158 0.00 B-1 0509/0325/07 - 0510/24/07 2230 7.~~32000~~13125% 18,376,000.00 82109,~~201~~203.9721 0.00 B-2 0509/0325/07 - 0510/24/07 2230 7.~~32000~~13125% 15,133,000.00 6789,~~694~~931.9501 0.00 B-3 0509/0325/07 - 0510/24/07 2230 7.~~32000~~13125% 15,674,000.00 7093,~~115~~146.0301 0.00 X N/A N/A 0.00000% 55,~~669~~668,~~238~~216.5328 0.00 0.00 R N/A N/A 0.00000% 0.00 0.00 0.00 RX N/A N/A 0.00000% 0.00 0.00 0.00 P N/A N/A 0.00000% 0.00 0.00 0.00 Totals 34,~~555~~396,~~536~~920.4712 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 ~~322~~383,~~088~~702.0434 0.00 9386,~~972~~124,~~984~~917.0210 A-2fpt 0.00 0.00 ~~668~~777,~~555~~090.5690 0.00 ~~194~~173,~~611~~949,~~203~~430.5433 A-2a 0.00 0.00 ~~755~~847,~~302~~298.4405 0.00 ~~219~~190,~~881~~231,~~807~~130.6400 A-2b 0.00 0.00 ~~200~~263,~~359~~874.1366 0.00 59,395,000.00 A-2c 0.00 0.00 ~~499~~657,~~053~~507.5086 0.00 146,350,000.00 A-2d 0.00 0.00 ~~250~~330,~~423~~077.0795 0.00 72,528,000.00 M-1 0.00 0.00 ~~163~~215,~~498~~557.9931 0.00 47,020,000.00 M-2 0.00 0.00 ~~164~~217,~~939~~521.2211 0.00 47,021,000.00 M-3 0.00 0.00 79104,~~489~~909.2602 0.00 22,159,000.00 M-4 0.00 0.00 77102,~~232~~172.8617 0.00 19,997,000.00 M-5 0.00 0.00 77102,~~525~~655.3494 0.00 19,457,000.00 M-6 0.00 0.00 77102,~~057~~272.1158 0.00 17,835,000.00 B-1 0.00 0.00 82109,~~201~~203.9721 0.00 18,376,000.00 B-2 0.00 0.00 6789,~~694~~931.9501 0.00 15,133,000.00 B-3 0.00 0.00 7093,~~115~~146.0301 0.00 15,674,000.00 X 0.00 0.00 32,~~447~~008,~~532~~287.6496 0.00 55,668,216.28 R 0.00 0.00 0.00 0.00 0.00 RX 0.00 0.00 0.00 0.00 0.00 P 0.00 0.00 92106,~~071~~956.4875 0.00 0.00 Totals 0.00 0.00 76,~~095~~512,~~140~~164.5983 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 96,707,000.00 5.~~45000~~26125% ~~1000~~904.~~00000000~~95887847 3.~~33055560~~96767907 0.00000000 A-2fpt 200,000,000.00 5.~~47000~~28125% ~~1000~~882.~~00000000~~84883515 3.~~34277780~~88545450 0.00000000 A-2a 227,615,000.00 5.~~43000~~24125% ~~1000~~852.~~00000000~~27882249 3.~~31833333~~72250533 0.00000000 A-2b 59,395,000.00 5.~~52000~~33125% 1000.00000000 34.~~37333328~~44270831 0.00000000 A-2c 146,350,000.00 5.~~58000~~39125% 1000.00000000 34.~~41000000~~49270830 0.00000000 A-2d 72,528,000.00 5.~~65000~~46125% 1000.00000000 34.~~45277782~~55104167 0.00000000 M-1 47,020,000.00 5.~~69000~~50125% 1000.00000000 34.~~47722225~~58437495 0.00000000 M-2 47,021,000.00 5.~~74000~~55125% 1000.00000000 34.~~50777780~~62604177 0.00000000 M-3 22,159,000.00 5.~~87000~~68125% 1000.00000000 34.~~58722235~~73437520 0.00000000 M-4 19,997,000.00 6.~~32000~~13125% 1000.00000000 35.~~86222233~~10937491 0.00000000 M-5 19,457,000.00 6.~~52000~~33125% 1000.00000000 35.~~98444467~~27604153 0.00000000 M-6 17,835,000.00 76.~~07000~~88125% 1000.00000000 45.~~32055565~~73437511 0.00000000 B-1 18,376,000.00 7.~~32000~~13125% 1000.00000000 45.~~47333315~~94270842 0.00000000 B-2 15,133,000.00 7.~~32000~~13125% 1000.00000000 45.~~47333311~~94270865 0.00000000 B-3 15,674,000.00 7.~~32000~~13125% 1000.00000000 45.~~47333355~~94270831 0.00000000 X 55,669,238.53 0.00000% ~~1000~~999.~~00000000~~98163708 0.00000000 0.00000000 R 0.00 0.00000% 0.00000000 0.00000000 0.00000000 RX 0.00 0.00000% 0.00000000 0.00000000 0.00000000 P 0.00 0.00000% 0.00000000 0.00000000 0.00000000

Interest Distribution Factors Statement (continued) Class Current Non-Supported Total Remaining Unpaid Ending Interest Interest Interest Interest Certificate/ Shortfall(1) Shortfall Distribution Shortfall(1) Notional Balance A-1 0.00000000 0.00000000 3.~~33055560~~96767907 0.00000000 ~~971~~890.~~72887195~~57583319 A-2fpt 0.00000000 0.00000000 3.~~34277780~~88545450 0.00000000 ~~973~~869.~~05601770~~74715165 A-2a 0.00000000 0.00000000 3.~~31833333~~72250533 0.00000000 ~~966~~835.~~02511979~~75831997 A-2b 0.00000000 0.00000000 34.~~37333328~~44270831 0.00000000 1000.00000000 A-2c 0.00000000 0.00000000 34.~~41000000~~49270830 0.00000000 1000.00000000 A-2d 0.00000000 0.00000000 34.~~45277782~~55104167 0.00000000 1000.00000000 M-1 0.00000000 0.00000000 34.~~47722225~~58437495 0.00000000 1000.00000000 M-2 0.00000000 0.00000000 34.~~50777780~~62604177 0.00000000 1000.00000000 M-3 0.00000000 0.00000000 34.~~58722235~~73437520 0.00000000 1000.00000000 M-4 0.00000000 0.00000000 35.~~86222233~~10937491 0.00000000 1000.00000000 M-5 0.00000000 0.00000000 35.~~98444467~~27604153 0.00000000 1000.00000000 M-6 0.00000000 0.00000000 45.~~32055565~~73437511 0.00000000 1000.00000000 B-1 0.00000000 0.00000000 45.~~47333315~~94270842 0.00000000 1000.00000000 B-2 0.00000000 0.00000000 45.~~47333311~~94270865 0.00000000 1000.00000000 B-3 0.00000000 0.00000000 45.~~47333355~~94270831 0.00000000 1000.00000000 X 0.00000000 0.00000000 6136.~~92886289~~07536250 0.00000000 999.98163708 R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 RX 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 P 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 Account Statement CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 2114,~~913~~490,~~534~~060.9936 Reserve Funds and Credit Enhancements 0.00 Proceeds from Repurchased Loans 0.00 Servicer Advances 12,~~404~~276,~~936~~884.7847 Gains & Subsequent Recoveries (Realized Losses) 0(108,896.0013) Prepayment Penalties 92106,~~071~~956.4875 Swap/Cap Payments 0.00 Total Deposits 2316,~~410~~765,~~543~~005.2545 Withdrawals Swap Payments 0.00 Reserve Funds and Credit Enhancements 0.00 Reimbursement for Servicer Advances 01,943,048.0046 Total Administration Fees ~~459~~431,~~397~~243.8637 Payment of Interest and Principal 2214,~~951~~283,~~145~~756.3987 Total Withdrawals (Pool Distribution Amount) 2316,~~410~~658,~~543~~048.2570 Ending Balance 0.00 Servicer Advances are calculated as delinquent scheduled principal and interest.

ADMINISTRATION FEES Gross Servicing Fee* ~~450~~422,~~390~~787.0561 Master Servicing Fee - Wells Fargo Bank, N.A. 98,~~007~~455.8176 Supported Prepayment/Curtailment Interest Shortfall 0.00 Total Administration Fees ~~459~~431,~~397~~243.8637 *Servicer Payees include: COUNTRYWIDE HOME LOANS SERVICING LP; SAXON MORTGAGE SERVICES, INC.

Reserve and Guaranty Funds Account Name Beginning Current Current Ending Balance Withdrawals Deposits Balance Cap Account 0.00 0.00 0.00 0.00 Closing Date Reserve Fund ~~128~~0.8000 ~~128~~0.8000 0.00 0.00 Excess Reserve Fund 0.00 0.00 0.00 0.00 Swap Account 0.00 0.00 0.00 0.00 Hedge Funds Account Name Funds In (A) Funds Out(B) Net Amount(A - B) Cap Agreement - Morgan Stanley Capital Services 0.00 0.00 0.00 Swap Agreement - Morgan Stanley Capital Services 0.00 0.00 0.00

Collateral Statement Group Loan Group 1 ARM Loan Group 1 Fixed Collateral Description Mixed ARM Mixed Fixed Weighted Average Coupon Rate 8.~~351403~~343622 8.~~281597~~255158 Weighted Average Net Rate 7.~~851403~~843622 7.~~781597~~755158 Weighted Average Pass-Through Rate 7.~~841403~~833622 7.~~771597~~745158 Weighted Average Remaining Term ~~355~~350 ~~348~~342 Principal And Interest Constant ~~678~~627,~~328~~385.5802 ~~283~~267,~~400~~076.3180 Beginning Loan Count ~~516~~478 ~~289~~275 Loans Paid in Full 97 40 Ending Loan Count ~~507~~471 ~~285~~275 Beginning Scheduled Balance 9285,~~608~~634,~~340~~071.2448 3735,~~636~~422,~~029~~374.5074 Ending Scheduled Balance 9084,~~628~~288,~~453~~303.5712 3635,~~881~~395,~~661~~753.5248 Actual Ending Collateral Balance 9084,~~661~~346,~~013~~060.2724 3635,~~902~~423,~~655~~077.0816 Scheduled Principal 3331,~~820~~969.6475 23,~~661~~395.6171 Unscheduled Principal 1,~~946~~313,~~066~~798.0361 ~~730~~3,~~706~~225.3755 Negative Amortized Principal 0.00 0.00 Scheduled Interest ~~644~~595,~~507~~415.9427 ~~259~~243,~~738~~681.7009 Servicing Fees 3835,~~586~~680.8186 1514,~~681~~759.6832 Master Servicing Fees ~~771~~713.7462 ~~313~~295.6319 Trustee Fee 0.00 0.00 FRY Amount 0.00 0.00 Special Hazard Fee 0.00 0.00 Other Fee 0.00 0.00 Pool Insurance Fee 0.00 0.00 Spread 1 0.00 0.00 Spread 2 0.00 0.00 Spread 3 0.00 0.00 Net Interest ~~605~~559,~~149~~020.3979 ~~243~~228,~~743~~626.3958 Realized Loss Amount 0.00 0.00 Cumulative Realized Loss 0.00 0.00 Percentage of Cumulative Losses 0.0000 0.0000 Prepayment Penalty Waived Amount 0.00 0.00 Prepayment Penalty Waived Count 0 0 Prepayment Penalty Paid Amount 313,~~979~~140.8599 0.00 Prepayment Penalty Paid Count 13 0 Special Servicing Fee 0.00 0.00

Collateral Statement Group Loan Group 2 ARM Loan Group 2 Fixed Collateral Description Mixed ARM Mixed Fixed Weighted Average Coupon Rate 8.~~126535~~103881 8.~~895477~~892525 Weighted Average Net Rate 7.~~626535~~603881 8.~~395477~~392525 Weighted Average Pass-Through Rate 7.~~616535~~593881 8.~~385477~~382525 Weighted Average Remaining Term ~~355~~350 ~~351~~346 Principal And Interest Constant 5,~~409~~061,~~674~~338.8572 1,~~475~~406,~~031~~799.7169 Beginning Loan Count 3,~~213~~024 1,~~639~~578 Loans Paid in Full 3827 9 Ending Loan Count 32,~~175~~997 1,~~630~~569 Beginning Scheduled Balance ~~764~~716,~~971~~857,~~891~~474.5708 ~~185~~176,~~719~~776,~~848~~365.4245 Ending Scheduled Balance ~~753~~711,~~629~~563,~~313~~510.9085 ~~183~~175,~~939~~671,~~782~~126.4926 Actual Ending Collateral Balance ~~753~~711,~~882~~979,~~416~~551.4491 ~~184~~175,~~033~~809,~~255~~241.6227 Scheduled Principal ~~229~~220,~~199~~232.2927 9896,~~309~~809.4751 Unscheduled Principal 115,~~113~~073,~~378~~730.3896 1,~~681~~008,~~756~~429.4668 Negative Amortized Principal 0.00 0.00 Scheduled Interest 54,~~180~~841,~~475~~106.5645 1,~~376~~309,~~722~~990.2418 Servicing Fees ~~318~~298,~~738~~690.2961 7773,~~383~~656.2782 Master Servicing Fees 65,~~374~~973.7781 1,~~547~~473.6714 Trustee Fee 0.00 0.00 FRY Amount 0.00 0.00 Special Hazard Fee 0.00 0.00 Other Fee 0.00 0.00 Pool Insurance Fee 0.00 0.00 Spread 1 0.00 0.00 Spread 2 0.00 0.00 Spread 3 0.00 0.00 Net Interest 4,~~855~~536,~~362~~442.5003 1,~~297~~234,~~791~~860.3022 Realized Loss Amount 0.00 0108,896.0013 Cumulative Realized Loss 025,892.0015 0108,896.0013 Percentage of Cumulative Losses 0.~~0000~~0034 0.~~0000~~0586 Prepayment Penalty Waived Amount 0.00 0.00 Prepayment Penalty Waived Count 0 0 Prepayment Penalty Paid Amount 7479,~~020~~319.5494 14,~~071~~495.0982 Prepayment Penalty Paid Count 1315 3 Special Servicing Fee 0.00 0.00

Collateral Statement Group Total Collateral Description Fixed & Mixed ARM Weighted Average Coupon Rate 8.~~283314~~266790 Weighted Average Net Rate 7.~~783314~~766790 Weighted Average Pass-Through Rate 7.~~773314~~756790 Weighted Average Remaining Term ~~354~~349 Principal And Interest Constant 7,~~846~~362,~~435~~600.4523 Beginning Loan Count 5,~~656~~355 Loans Paid in Full 5943 Ending Loan Count 5,~~597~~312 Beginning Scheduled Balance 1,~~080~~014,~~936~~690,~~238~~285.5375 Ending Scheduled Balance 1,~~065~~006,~~079~~918,~~211~~693.4871 Actual Ending Collateral Balance 1,~~065~~007,~~479~~557,~~340~~930.4158 Scheduled Principal ~~384~~372,~~991~~407.0124 Unscheduled Principal 157,~~471~~399,~~907~~184.2480 Negative Amortized Principal 0.00 Scheduled Interest 76,~~461~~990,~~444~~192.4499 Servicing Fees ~~450~~422,~~390~~787.0561 Master Servicing Fees 98,~~007~~455.8176 Trustee Fee 0.00 FRY Amount 0.00 Special Hazard Fee 0.00 Other Fee 0.00 Pool Insurance Fee 0.00 Spread 1 0.00 Spread 2 0.00 Spread 3 0.00 Net Interest 76,~~002~~558,~~046~~949.5862 Realized Loss Amount 0108,896.0013 Cumulative Realized Loss 0134,788.0028 Percentage of Cumulative Losses 0.~~0000~~0125 Prepayment Penalty Waived Amount 0.00 Prepayment Penalty Waived Count 0 Prepayment Penalty Paid Amount 92106,~~071~~956.4875 Prepayment Penalty Paid Count 1721 Special Servicing Fee 0.00

Additional Reporting - Deal Level Cash Reporting Available Funds 2214,~~951~~283,~~016~~756.5887 Interest Remittance Amount 76,~~094~~508,~~118~~860.3394 Principal Remittance Amount 157,~~858~~667,~~495~~939.2418 Net Monthly Excess Cash Flow 32,~~538~~111,~~581~~940.8882 Extra Principal Distribution Amount 0103,652.0086 Informational Reporting LIBOR 5.~~320000~~131250% Swap LIBOR 5.~~320000~~131250% Subsequent Recoveries 0.00 Expense Fees ~~459~~431,~~398~~243.6726 Structural Reporting Increase in Subordinated Amount 0.00 Subordinated Amount 55,668,216.28 Subordinated Amount Deficiency 0.00 Reduction in Subordinated Amount ~~1,022~~0.2500 Specified Subordinated Amount 55,668,216.28 Trigger Event Reporting Delinquency Trigger Trigger Result ~~Pass~~Fail Threshold Value 78.~~982502~~503626% Calculated Value 012.~~854901~~966235% Cumulative Loss Trigger Trigger Result Pass Threshold Value 1.650000% Calculated Value 0.~~000000~~011985% Trigger Event Trigger Result N/A

Delinquency Status - OTS Delinquency Calculation Method DELINQUENT BANKRUPTCY FORECLOSURE REO Total No. of Loans No. of Loans No. of Loans No. of Loans No. of Loans Scheduled Balance Scheduled Balance Scheduled Balance Scheduled Balance Scheduled Balance 0-29 Days 04 0 0 04 0254,683.0084 0.00 0.00 0254,683.0084 30 Days ~~288~~300 03 0 0 ~~288~~303 5761,~~797~~401,~~007~~619.9816 0419,878.0009 0.00 0.00 5761,~~797~~821,~~007~~497.9825 60 Days 54169 04 04 0 54177 834,~~889~~448,~~375~~203.6293 0917,696.0090 0389,618.0051 0.00 835,~~889~~755,~~375~~519.6234 90 Days 086 05 069 0 0160 013,440,955.0032 0388,998.0028 016,370,700.0029 0.00 030,200,653.0089 120 Days 149 03 084 03 1139 ~~216~~6,~~000~~568,263.0061 0979,426.0088 021,364,447.0076 0334,472.0059 ~~216~~29,~~000~~246,610.0084 150 Days 030 06 076 08 0120 02,494,825.0012 0662,376.0046 020,252,302.0008 01,770,686.0072 025,180,190.0038 180+ Days 044 04 0117 014 0179 04,888,948.0002 0481,250.0095 031,342,492.0050 01,762,867.0023 038,475,558.0070 Totals ~~343~~678 029 0350 025 ~~343~~1,082 66123,~~902~~242,~~383~~815.6016 04,104,311.0040 089,719,561.0014 03,868,026.0054 66220,~~902~~934,~~383~~714.6024 No. of Loans No. of Loans No. of Loans No. of Loans No. of Loans Scheduled Balance Scheduled Balance Scheduled Balance Scheduled Balance Scheduled Balance 0-29 Days 0.~~000000~~075301% 0.000000% 0.000000% 0.~~000000~~075301% 0.~~000000~~025293% 0.000000% 0.000000% 0.~~000000~~025293% 30 Days 5.~~145614~~647590% 0.~~000000~~056476% 0.000000% 0.000000% 5.~~145614~~704066% 56.~~426545~~097972% 0.~~000000~~041699% 0.000000% 0.000000% 56.~~426545~~139671% 60 Days 03.~~964803~~181476% 0.~~000000~~075301% 0.~~000000~~075301% 0.000000% 03.~~964803~~332078% 03.~~834621~~421151% 0.~~000000~~091139% 0.~~000000~~038694% 0.000000% 03.~~834621~~550984% 90 Days 01.~~000000~~618976% 0.~~000000~~094127% 01.~~000000~~298946% 0.000000% 03.~~000000~~012048% 01.~~000000~~334860% 0.~~000000~~038633% 01.~~000000~~625821% 0.000000% 02.~~000000~~999314% 120 Days 0.~~017867~~922440% 0.~~000000~~056476% 01.~~000000~~581325% 0.~~000000~~056476% 02.~~017867~~616717% 0.~~020280~~652313% 0.~~000000~~097270% 02.~~000000~~121765% 0.~~000000~~033217% 02.~~020280~~904565% 150 Days 0.~~000000~~564759% 0.~~000000~~112952% 01.~~000000~~430723% 0.~~000000~~150602% 02.~~000000~~259036% 0.~~000000~~247768% 0.~~000000~~065783% 02.~~000000~~011315% 0.~~000000~~175852% 02.~~000000~~500717% 180+ Days 0.~~000000~~828313% 0.~~000000~~075301% 02.~~000000~~202560% 0.~~000000~~263554% 03.~~000000~~369729% 0.~~000000~~485536% 0.~~000000~~047794% 03.~~000000~~112713% 0.~~000000~~175075% 03.~~000000~~821119% Totals 612.~~128283~~763554% 0.~~000000~~545934% 06.~~000000~~588855% 0.~~000000~~470633% 620.~~128283~~368976% 612.~~281447~~239599% 0.~~000000~~407611% 08.~~000000~~910308% 0.~~000000~~384145% 621.~~281447~~941664% Please refer to CTSLink.com for a list of delinquency code descriptions.

Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 12,~~404~~276,~~936~~884.7847

Delinquency Status By Group DELINQUENT BANKRUPTCY FORECLOSURE REO Total Loan Group 1 ARM - OTS No. of Loans No. of Loans No. of Loans No. of Loans No. of Loans Scheduled Balance Scheduled Balance Scheduled Balance Scheduled Balance Scheduled Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 1930 0 0 0 1930 35,~~210~~376,~~570~~313.9622 0.00 0.00 0.00 35,~~210~~376,~~570~~313.9622 60 Days 1013 01 02 0 1016 1,~~708~~845,~~972~~531.9786 0107,410.0051 0241,516.0004 0.00 12,~~708~~194,~~972~~458.9741 90 Days 08 0 010 0 018 01,499,339.00 0.00 01,844,913.0063 0.00 03,344,252.0063 120 Days 01 0 011 0 012 0199,983.0029 0.00 01,912,456.0011 0.00 02,112,439.0040 150 Days 01 03 06 01 011 0116,158.0096 0349,811.0054 01,039,073.0077 0102,889.0058 01,607,933.0085 180+ Days 03 02 011 02 018 0582,886.0071 0246,345.0023 02,356,723.0064 0151,554.0044 03,337,510.0002 Totals 2956 06 040 03 29105 49,~~919~~620,~~543~~213.9304 0703,567.0028 07,394,683.0019 0254,444.0002 417,~~919~~972,~~543~~907.9353 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 36.~~747535~~369427% 0.000000% 0.000000% 0.000000% 36.~~747535~~369427% 36.~~542564~~378481% 0.000000% 0.000000% 0.000000% 36.~~542564~~378481% 60 Days 12.~~972387~~760085% 0.~~000000~~212314% 0.~~000000~~424628% 0.000000% 13.~~972387~~397028% 12.~~885691~~189547% 0.~~000000~~127432% 0.~~000000~~286536% 0.000000% 12.~~885691~~603515% 90 Days 01.~~000000~~698514% 0.000000% 02.~~000000~~123142% 0.000000% 03.~~000000~~821656% 01.~~000000~~778822% 0.000000% 02.~~000000~~188813% 0.000000% 03.~~000000~~967635% 120 Days 0.~~000000~~212314% 0.000000% 02.~~000000~~335456% 0.000000% 02.~~000000~~547771% 0.~~000000~~237261% 0.000000% 02.~~000000~~268946% 0.000000% 02.~~000000~~506207% 150 Days 0.~~000000~~212314% 0.~~000000~~636943% 01.~~000000~~273885% 0.~~000000~~212314% 02.~~000000~~335456% 0.~~000000~~137811% 0.~~000000~~415018% 01.~~000000~~232762% 0.~~000000~~122069% 01.~~000000~~907660% 180+ Days 0.~~000000~~636943% 0.~~000000~~424628% 02.~~000000~~335456% 0.~~000000~~424628% 03.~~000000~~821656% 0.~~000000~~691539% 0.~~000000~~292265% 02.~~000000~~796027% 0.~~000000~~179805% 03.~~000000~~959636% Totals 511.~~719921~~889597% 01.~~000000~~273885% 08.~~000000~~492569% 0.~~000000~~636943% 522.~~719921~~292994% 511.~~428255~~413462% 0.~~000000~~834715% 08.~~000000~~773083% 0.~~000000~~301873% 521.~~428255~~323134% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Loan Group 1 Fixed - OTS No. of Loans No. of Loans No. of Loans No. of Loans No. of Loans Scheduled Balance Scheduled Balance Scheduled Balance Scheduled Balance Scheduled Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 47 0 0 0 47 ~~673~~850,~~780~~702.4089 0.00 0.00 0.00 ~~673~~850,~~780~~702.4089 60 Days 58 0 0 0 58 ~~544~~1,~~392~~002,153.1654 0.00 0.00 0.00 ~~544~~1,~~392~~002,153.1654 90 Days 03 0 0 0 03 0580,429.0037 0.00 0.00 0.00 0580,429.0037 120 Days 02 0 01 0 03 076,769.0062 0.00 094,044.0095 0.00 0170,814.0057 150 Days 01 0 01 01 03 050,823.0021 0.00 0224,986.0083 0192,454.0075 0468,264.0079 180+ Days 01 0 02 0 03 061,997.0033 0.00 0182,928.0085 0.00 0244,926.0018 Totals 922 0 04 01 927 12,~~218~~622,~~172~~875.5696 0.00 0501,960.0063 0192,454.0075 13,~~218~~317,~~172~~291.5634 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 12.~~403509~~545455% 0.000000% 0.000000% 0.000000% 12.~~403509~~545455% 12.~~826871~~403404% 0.000000% 0.000000% 0.000000% 12.~~826871~~403404% 60 Days 12.~~754386~~909091% 0.000000% 0.000000% 0.000000% 12.~~754386~~909091% 12.~~476051~~831282% 0.000000% 0.000000% 0.000000% 12.~~476051~~831282% 90 Days 01.~~000000~~090909% 0.000000% 0.000000% 0.000000% 01.~~000000~~090909% 01.~~000000~~639828% 0.000000% 0.000000% 0.000000% 01.~~000000~~639828% 120 Days 0.~~000000~~727273% 0.000000% 0.~~000000~~363636% 0.000000% 01.~~000000~~090909% 0.~~000000~~216889% 0.000000% 0.~~000000~~265696% 0.000000% 0.~~000000~~482585% 150 Days 0.~~000000~~363636% 0.000000% 0.~~000000~~363636% 0.~~000000~~363636% 01.~~000000~~090909% 0.~~000000~~143586% 0.000000% 0.~~000000~~635632% 0.~~000000~~543723% 01.~~000000~~322941% 180+ Days 0.~~000000~~363636% 0.000000% 0.~~000000~~727273% 0.000000% 01.~~000000~~090909% 0.~~000000~~175155% 0.000000% 0.~~000000~~516810% 0.000000% 0.~~000000~~691965% Totals 38.~~157895~~000000% 0.000000% 01.~~000000~~454545% 0.~~000000~~363636% 39.~~157895~~818182% 37.~~302922~~410143% 0.000000% 01.~~000000~~418138% 0.~~000000~~543723% 39.~~302922~~372004% Please refer to CTSLink.com for a list of delinquency code descriptions. DELINQUENT BANKRUPTCY FORECLOSURE REO Total Loan Group 2 ARM - OTS No. of Loans No. of Loans No. of Loans No. of Loans No. of Loans Scheduled Balance Scheduled Balance Scheduled Balance Scheduled Balance Scheduled Balance 0-29 Days 01 0 0 01 091,503.0003 0.00 0.00 091,503.0003 30 Days ~~198~~191 03 0 0 ~~198~~194 4647,~~859~~028,~~841~~702.6902 0419,878.0009 0.00 0.00 4647,~~859~~448,~~841~~580.6911 60 Days 24105 01 02 0 24108 526,~~215~~615,~~477~~263.4389 0505,841.0008 0148,102.0047 0.00 527,~~215~~269,~~477~~207.4344 90 Days 035 02 054 0 091 07,993,974.0057 0124,293.0063 013,988,533.0054 0.00 022,106,801.0074 120 Days 117 02 064 03 186 ~~216~~3,~~000~~938,924.0054 0901,494.0019 017,386,027.0092 0334,472.0059 ~~216~~22,~~000~~560,919.0024 150 Days 04 02 062 06 074 0749,924.0022 0285,778.0056 017,819,152.0078 01,475,342.0039 020,330,197.0095 180+ Days 05 01 098 010 0114 01,199,698.0042 0107,241.0060 027,735,309.0080 01,375,014.0083 030,417,264.0065 Totals ~~223~~357 012 0280 019 ~~223~~668 5287,~~291~~526,~~319~~487.1266 02,436,030.0018 077,077,126.0051 03,184,829.0081 52170,~~291~~224,~~319~~474.1216 0-29 Days 0.~~000000~~033367% 0.000000% 0.000000% 0.~~000000~~033367% 0.~~000000~~012859% 0.000000% 0.000000% 0.~~000000~~012859% 30 Days 6.~~236220~~373040% 0.~~000000~~100100% 0.000000% 0.000000% 6.~~236220~~473140% 6.~~217890~~609207% 0.~~000000~~059008% 0.000000% 0.000000% 6.~~217890~~668214% 60 Days 03.~~755906~~503504% 0.~~000000~~033367% 0.~~000000~~066733% 0.000000% 03.~~755906~~603604% 03.~~692048~~740392% 0.~~000000~~071089% 0.~~000000~~020814% 0.000000% 03.~~692048~~832294% 90 Days 01.~~000000~~167835% 0.~~000000~~066733% 01.~~000000~~801802% 0.000000% 03.~~000000~~036370% 01.~~000000~~123438% 0.~~000000~~017468% 01.~~000000~~965887% 0.000000% 03.~~000000~~106792% 120 Days 0.~~031496~~567234% 0.~~000000~~066733% 02.~~000000~~135469% 0.~~000000~~100100% 02.~~031496~~869536% 0.~~028661~~553559% 0.~~000000~~126692% 02.~~000000~~443356% 0.~~000000~~047005% 03.~~028661~~170612% 150 Days 0.~~000000~~133467% 0.~~000000~~066733% 02.~~000000~~068735% 0.~~000000~~200200% 02.~~000000~~469136% 0.~~000000~~105391% 0.~~000000~~040162% 02.~~000000~~504225% 0.~~000000~~207338% 02.~~000000~~857116% 180+ Days 0.~~000000~~166834% 0.~~000000~~033367% 03.~~000000~~269937% 0.~~000000~~333667% 03.~~000000~~803804% 0.~~000000~~168600% 0.~~000000~~015071% 03.~~000000~~897798% 0.~~000000~~193239% 04.~~000000~~274708% Totals 711.~~023622~~911912% 0.~~000000~~400400% 09.~~000000~~342676% 0.~~000000~~633967% 722.~~023622~~288956% 612.~~938599~~300587% 0.~~000000~~342349% 010.~~000000~~832080% 0.~~000000~~447582% 623.~~938599~~922597% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Loan Group 2 Fixed - OTS No. of Loans No. of Loans No. of Loans No. of Loans No. of Loans Scheduled Balance Scheduled Balance Scheduled Balance Scheduled Balance Scheduled Balance 0-29 Days 03 0 0 03 0163,180.0081 0.00 0.00 0163,180.0081 30 Days 6772 0 0 0 6772 78,~~052~~145,~~814~~901.9303 0.00 0.00 0.00 78,~~052~~145,~~814~~901.9303 60 Days 1543 02 0 0 1545 14,~~420~~985,~~533~~254.0664 0304,445.0031 0.00 0.00 15,~~420~~289,~~533~~699.0695 90 Days 040 03 05 0 048 03,367,212.0038 0264,704.0065 0537,253.0012 0.00 04,169,170.0015 120 Days 029 01 08 0 038 02,352,586.0016 077,932.0069 01,971,918.0078 0.00 04,402,437.0063 150 Days 024 01 07 0 032 01,577,918.0073 026,786.0036 01,169,088.0070 0.00 02,773,793.0079 180+ Days 035 01 06 02 044 03,044,365.0056 0127,664.0012 01,067,530.0021 0236,297.0096 04,475,857.0085 Totals 82243 011 026 02 82282 823,473,~~347~~238.9950 0964,713.0094 04,745,790.0081 0236,297.0096 829,~~473~~420,~~347~~041.9921 0-29 Days 0.~~000000~~191205% 0.000000% 0.000000% 0.~~000000~~191205% 0.~~000000~~092890% 0.000000% 0.000000% 0.~~000000~~092890% 30 Days 4.~~110429~~588910% 0.000000% 0.000000% 0.000000% 4.~~110429~~588910% 34.~~834306~~637018% 0.000000% 0.000000% 0.000000% 34.~~834306~~637018% 60 Days 02.~~920245~~740599% 0.~~000000~~127470% 0.000000% 0.000000% 02.~~920245~~868069% 02.~~772282~~837834% 0.~~000000~~173304% 0.000000% 0.000000% 03.~~772282~~011138% 90 Days 02.~~000000~~549395% 0.~~000000~~191205% 0.~~000000~~318674% 0.000000% 03.~~000000~~059273% 01.~~000000~~916771% 0.~~000000~~150682% 0.~~000000~~305829% 0.000000% 02.~~000000~~373281% 120 Days 01.~~000000~~848311% 0.~~000000~~063735% 0.~~000000~~509879% 0.000000% 02.~~000000~~421925% 01.~~000000~~339199% 0.~~000000~~044363% 01.~~000000~~122506% 0.000000% 02.~~000000~~506068% 150 Days 01.~~000000~~529637% 0.~~000000~~063735% 0.~~000000~~446144% 0.000000% 02.~~000000~~039516% 0.~~000000~~898223% 0.~~000000~~015248% 0.~~000000~~665498% 0.000000% 01.~~000000~~578970% 180+ Days 02.~~000000~~230720% 0.~~000000~~063735% 0.~~000000~~382409% 0.~~000000~~127470% 02.~~000000~~804334% 01.~~000000~~732991% 0.~~000000~~072672% 0.~~000000~~607687% 0.~~000000~~134512% 02.~~000000~~547862% Totals 515.~~030675~~487572% 0.~~000000~~701083% 01.~~000000~~657106% 0.~~000000~~127470% 517.~~030675~~973231% 413.~~606588~~362036% 0.~~000000~~549159% 02.~~000000~~701520% 0.~~000000~~134512% 416.~~606588~~747226% Please refer to CTSLink.com for a list of delinquency code descriptions.

~~REO~~180+ ~~Detail~~Delinquency -Summary ~~All~~Summary ~~Mortgage~~Loan ~~Loans~~Group in1 ~~REO~~ARM ~~during~~Days ~~Current~~Number ~~Period~~of ~~Summary~~Outstanding -Percentage Noof ~~REO~~Number ~~Information~~of toOutstanding ~~report~~Percentage ~~this~~of ~~period.~~Delinquent ~~Loan~~Loans ~~Group~~Scheduled 1Balance(%) ~~ARM~~Loans -Scheduled NoBalance(%) ~~REO~~Balance($) ~~Information~~Balance($) to180 ~~report~~- ~~this~~209 ~~period~~134 30,405,785.27 ~~Loan~~3.020 ~~Group~~8 1,458,303.23 ~~Fixed~~1.730 210 - No239 ~~REO~~43 ~~Information~~7,677,053.43 to0.762 ~~report~~10 ~~this period~~1,879,206.79 ~~Loan Group~~ 2.229 ~~ARM~~240 - No269 ~~REO~~1 ~~Information~~176,720.00 to0.018 ~~report~~0 ~~this~~0.00 ~~period~~0.000 ~~Loan~~270 ~~Group~~- 2299 ~~Fixed~~1 -216,000.00 No0.021 ~~REO~~0 ~~Information~~0.00 to0.000 ~~report~~Total ~~this~~179 ~~period~~38,475,558.70 3.821 18 3,337,510.02 3.959

~~REO~~180+ Delinquency Summary (continued) Loan ~~Detail~~Group -1 ~~All~~Fixed ~~Mortgage~~Loan ~~Loans~~Group in2 ~~REO~~ARM ~~during~~Days ~~Current~~Number ~~Period~~of ~~Month~~Outstanding ~~Loan~~Percentage ~~First~~of ~~Original~~Number ~~Loan~~of ~~Entered~~Outstanding ~~Payment~~Percentage ~~LTV~~of atDelinquent ~~Principal~~Loans ~~Group~~Scheduled ~~Number~~Balance(%) ~~REO~~Loans ~~Date~~Scheduled ~~State~~Balance(%) ~~Origination~~Balance($) Balance($) No180 ~~REO~~- ~~Loans~~209 ~~this~~1 ~~Period~~97,672.00 0.276 95 25,466,321.20 3.579 210 - 239 2 147,254.18 0.416 17 4,558,223.45 0.641 240 - 269 0 0.00 0.000 1 176,720.00 0.025 270 - 299 0 0.00 0.000 1 216,000.00 0.030 Total 3 244,926.18 0.692 114 30,417,264.65 4.275

~~REO~~180+ Delinquency Summary (continued) Loan ~~Detail~~Group -2 ~~All~~Fixed ~~Mortgage~~Days ~~Loans~~Number inof ~~REO~~Outstanding ~~during~~Percentage ~~Current~~of ~~Period~~Delinquent Loans Scheduled Balance(~~continued~~%) ~~Current~~Balance($) ~~Paid~~180 ~~Current~~- ~~Approximate~~209 ~~Loan~~30 ~~Scheduled~~3,383,488.84 To1.926 ~~Months~~210 ~~Loan~~- ~~Delinquent~~239 ~~Group~~14 ~~Number~~1,092,369.01 ~~Balance~~0.622 ~~Date~~240 ~~Delinquent~~- ~~Rate~~269 ~~Interest~~0 No0.00 ~~REO~~0.000 ~~Loans~~270 ~~this~~- ~~Period~~299 0 0.00 0.000 Total 44 4,475,857.85 2.548 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

~~Foreclosure~~Summary ~~Detail~~12 Month REO History* New REO Loans Month REO Percentage Loans in REO 15 Nov-06 ~~All~~0.000% ~~Mortgage~~Original Principal Balance 2,379,900.00 Dec-06 0.000% Current Scheduled Balance 2,367,351.39 Jan-07 0.000% Feb-07 0.000% Current REO Total Mar-07 0.000% Loans in ~~Foreclosure~~REO ~~during~~25 Apr-07 0.000% Original Principal Balance 3,886,215.00 May-07 0.000% Current ~~Period~~Scheduled ~~Summary~~Balance 3,868,026.54 Jun-07 No0.000% ~~Foreclosure~~Jul-07 ~~Information~~0.000% toAug-07 0.010% Sep-07 0.148% Oct-07 0.384% *The text reported in the above table is presented graphically on the monthly bond remittance report. ~~this~~The ~~period~~monthly bond remittance report can be viewed online at www.ctslink.com. Loan Group 1 ARM 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 1 Nov-06 No0.000% ~~Foreclosure~~Original ~~Information~~Principal toBalance 103,500.00 Dec-06 0.000% Current Scheduled Balance 102,889.58 Jan-07 0.000% Feb-07 0.000% Current REO Total Mar-07 0.000% Loans in REO 3 Apr-07 0.000% Original Principal Balance 255,650.00 May-07 0.000% Current Scheduled Balance 254,444.02 Jun-07 0.000% Jul-07 0.000% Aug-07 0.000% Sep-07 0.177% Oct-07 0.302% *The text reported in the above table is presented graphically on the monthly bond remittance report. ~~this~~The ~~period~~monthly bond remittance report can be viewed online at www.ctslink.com. Loan Group 1 Fixed 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 1 Nov-06 No0.000% ~~Foreclosure~~Original ~~Information~~Principal toBalance 193,500.00 Dec-06 0.000% Current Scheduled Balance 192,454.75 Jan-07 0.000% Feb-07 0.000% Current REO Total Mar-07 0.000% Loans in REO 1 Apr-07 0.000% Original Principal Balance 193,500.00 May-07 0.000% Current Scheduled Balance 192,454.75 Jun-07 0.000% Jul-07 0.000% Aug-07 0.000% Sep-07 0.000% Oct-07 0.544% *The text reported in the above table is presented graphically on the monthly bond remittance report. ~~this~~The ~~period~~monthly bond remittance report can be viewed online at www.ctslink.com. Loan Group 2 ARM 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 11 Nov-06 No0.000% ~~Foreclosure~~Original ~~Information~~Principal toBalance 1,845,900.00 Dec-06 0.000% Current Scheduled Balance 1,835,709.10 Jan-07 0.000% Feb-07 0.000% Current REO Total Mar-07 0.000% Loans in REO 19 Apr-07 0.000% Original Principal Balance 3,200,065.00 May-07 0.000% Current Scheduled Balance 3,184,829.81 Jun-07 0.000% Jul-07 0.000% Aug-07 0.014% Sep-07 0.188% Oct-07 0.448% *The text reported in the above table is presented graphically on the monthly bond remittance report. ~~this~~The ~~period~~monthly bond remittance report can be viewed online at www.ctslink.com. Loan Group 2 Fixed 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 2 Nov-06 No0.000% ~~Foreclosure~~Original ~~Information~~Principal toBalance 237,000.00 Dec-06 0.000% Current Scheduled Balance 236,297.96 Jan-07 0.000% Feb-07 0.000% Current REO Total Mar-07 0.000% Loans in REO 2 Apr-07 0.000% Original Principal Balance 237,000.00 May-07 0.000% Current Scheduled Balance 236,297.96 Jun-07 0.000% Jul-07 0.000% Aug-07 0.000% Sep-07 0.000% Oct-07 0.135% *The text reported in the above table is presented graphically on the monthly bond remittance report. ~~this~~The ~~period~~monthly bond remittance report can be viewed online at www.ctslink.com.

~~Foreclosure~~REO Loan Detail - All Mortgage Loans in ~~Foreclosure~~REO during Current Period Month Loan First Original Loan Entered Payment LTV at Principal Group Number FCREO Date State Origination Balance NoLoan ~~Foreclosure~~Group ~~Loans~~1 ~~this~~ARM ~~Period~~1009547118 Sep-2007 01-Oct-2006 MI 85.00 67,150.00 Loan Group 1 ARM 1010118080 Sep-2007 01-Dec-2006 MO 85.00 85,000.00 Loan Group 1 ARM 1010118623 Oct-2007 01-Dec-2006 MS 90.00 103,500.00 Loan Group 1 Fixed 1010321289 Oct-2007 01-Dec-2006 MD 90.00 193,500.00 Loan Group 2 ARM 1009331822 Sep-2007 01-Nov-2006 VA 80.00 232,000.00 Loan Group 2 ARM 1009415590 Oct-2007 01-Dec-2006 MO 83.52 114,000.00 Loan Group 2 ARM 1009446502 Aug-2007 01-Oct-2006 MI 80.00 100,000.00 Loan Group 2 ARM 1010243426 Oct-2007 01-Dec-2006 MI 80.00 67,200.00 Loan Group 2 ARM 1010291855 Sep-2007 01-Dec-2006 MD 82.46 221,000.00 Loan Group 2 ARM 1010295307 Sep-2007 01-Dec-2006 NC 84.85 140,000.00 Loan Group 2 ARM 1010308641 Sep-2007 01-Dec-2006 TX 80.00 168,800.00 Loan Group 2 ARM 1010682914 Oct-2007 01-Dec-2006 VA 80.00 416,000.00 Loan Group 2 ARM 1010740291 Sep-2007 01-Jan-2007 MI 95.00 114,000.00 Loan Group 2 ARM 1010762999 Sep-2007 01-Dec-2006 MO 85.00 167,365.00 Loan Group 2 ARM 1010777698 Oct-2007 01-Jan-2007 TX 80.00 333,600.00 Loan Group 2 ARM 1010840003 Oct-2007 01-Feb-2007 MI 85.00 221,000.00 Loan Group 2 ARM 1010873290 Oct-2007 01-Jan-2007 MI 90.00 186,300.00 Loan Group 2 ARM 1010998753 Oct-2007 01-Jan-2007 MI 80.00 82,400.00 Loan Group 2 ARM 1011191532 Oct-2007 01-Feb-2007 MI 80.00 92,000.00 Loan Group 2 ARM 1011204617 Oct-2007 01-Feb-2007 MI 85.00 96,900.00 Loan Group 2 ARM 1011269290 Oct-2007 01-Feb-2007 MN 90.00 184,500.00 Loan Group 2 ARM 1011273132 Oct-2007 01-Feb-2007 TN 80.00 52,000.00 Loan Group 2 ARM 1011300647 Sep-2007 01-Feb-2007 VA 76.73 211,000.00 Loan Group 2 Fixed 1010311673 Oct-2007 01-Nov-2006 CA 20.00 121,000.00 Loan Group 2 Fixed 1010566201 Oct-2007 01-Jan-2007 TX 80.00 116,000.00

~~Foreclosure~~REO Loan Detail - All Mortgage Loans in ~~Foreclosure~~REO during Current Period (continued) Current Paid Current Approximate Loan Scheduled To Months Loan Delinquent Group Number Balance Date Delinquent Rate Interest NoLoan ~~Foreclosure~~Group ~~Loans~~1 ~~this~~ARM ~~Period~~1009547118 66,732.15 01-Feb-2007 6 9.875% 3,133.51 Loan Group 1 ARM 1010118080 84,822.29 01-Jan-2007 7 9.525% 3,830.21 Loan Group 1 ARM 1010118623 102,889.58 01-Mar-2007 5 9.275% 4,523.02 Loan Group 1 Fixed 1010321289 192,454.75 01-Mar-2007 5 9.700% 8,868.65 Loan Group 2 ARM 1009331822 231,506.86 01-Mar-2007 5 9.775% 10,743.01 Loan Group 2 ARM 1009415590 113,725.81 01-Feb-2007 6 9.050% 4,865.58 Loan Group 2 ARM 1009446502 99,623.17 01-Jan-2007 7 8.100% 3,789.65 Loan Group 2 ARM 1010243426 66,804.91 01-Apr-2007 4 9.300% 2,945.08 Loan Group 2 ARM 1010291855 219,768.52 01-Feb-2007 6 9.550% 9,962.72 Loan Group 2 ARM 1010295307 139,304.32 01-Feb-2007 6 10.100% 6,697.53 Loan Group 2 ARM 1010308641 168,414.48 01-Feb-2007 6 9.225% 7,352.56 Loan Group 2 ARM 1010682914 412,409.01 01-Mar-2007 5 7.375% 14,216.62 Loan Group 2 ARM 1010740291 113,430.71 01-Mar-2007 5 9.600% 5,170.37 Loan Group 2 ARM 1010762999 166,432.38 01-Mar-2007 5 9.550% 7,544.85 Loan Group 2 ARM 1010777698 331,349.99 01-Mar-2007 5 8.125% 12,663.31 Loan Group 2 ARM 1010840003 220,213.44 01-Mar-2007 5 6.950% 7,111.89 Loan Group 2 ARM 1010873290 185,403.00 01-Apr-2007 4 9.775% 8,612.97 Loan Group 2 ARM 1010998753 82,264.68 01-Apr-2007 4 10.000% 3,909.88 Loan Group 2 ARM 1011191532 91,864.58 01-Feb-2007 6 10.000% 4,366.13 Loan Group 2 ARM 1011204617 96,479.05 01-Feb-2007 6 9.750% 4,469.85 Loan Group 2 ARM 1011269290 183,555.65 01-Feb-2007 6 8.950% 7,771.02 Loan Group 2 ARM 1011273132 51,638.98 01-Feb-2007 6 10.075% 2,477.56 Loan Group 2 ARM 1011300647 210,640.27 01-Feb-2007 6 9.525% 9,511.55 Loan Group 2 Fixed 1010311673 120,660.75 01-Jan-2007 7 12.300% 7,122.44 Loan Group 2 Fixed 1010566201 115,637.21 01-Feb-2007 6 11.800% 6,540.89

Foreclosure Detail - All Mortgage Loans in Foreclosure during Current Period

~~Bankruptcy~~Summary ~~Detail~~12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 89 Nov-06 ~~All~~0.000% ~~Mortgage~~Original Principal Balance 20,027,182.00 Dec-06 0.000% Current Scheduled Balance 19,969,195.13 Jan-07 0.000% Feb-07 0.000% Current Foreclosure Total Mar-07 0.000% Loans in ~~Bankruptcy~~Foreclosure ~~during~~350 Apr-07 0.000% Original Principal Balance 89,969,523.00 May-07 0.000% Current ~~Period~~Scheduled ~~Summary~~Balance 89,719,561.14 Jun-07 No0.005% ~~Bankruptcy~~Jul-07 ~~Information~~1.292% toAug-07 4.559% Sep-07 7.243% Oct-07 8.910% *The text reported in the above table is presented graphically on the monthly bond remittance report. ~~this~~The ~~period~~monthly bond remittance report can be viewed online at www.ctslink.com. Loan Group 1 ARM 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 12 Nov-06 No0.000% ~~Bankruptcy~~Original ~~Information~~Principal toBalance 1,766,760.00 Dec-06 0.000% Current Scheduled Balance 1,760,174.14 Jan-07 0.000% Feb-07 0.000% Current Foreclosure Total Mar-07 0.000% Loans in Foreclosure 40 Apr-07 0.000% Original Principal Balance 7,422,195.00 May-07 0.000% Current Scheduled Balance 7,394,683.19 Jun-07 0.000% Jul-07 3.483% Aug-07 4.893% Sep-07 7.596% Oct-07 8.773% *The text reported in the above table is presented graphically on the monthly bond remittance report. ~~this~~The ~~period~~monthly bond remittance report can be viewed online at www.ctslink.com. Loan Group 1 Fixed 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 1 Nov-06 No0.000% ~~Bankruptcy~~Original ~~Information~~Principal toBalance 94,500.00 Dec-06 0.000% Current Scheduled Balance 94,044.95 Jan-07 0.000% Feb-07 0.000% Current Foreclosure Total Mar-07 0.000% Loans in Foreclosure 4 Apr-07 0.000% Original Principal Balance 504,405.00 May-07 0.000% Current Scheduled Balance 501,960.63 Jun-07 0.000% Jul-07 0.620% Aug-07 1.953% Sep-07 2.509% Oct-07 1.418% *The text reported in the above table is presented graphically on the monthly bond remittance report. ~~this~~The ~~period~~monthly bond remittance report can be viewed online at www.ctslink.com. Loan Group 2 ARM 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 70 Nov-06 No0.000% ~~Bankruptcy~~Original ~~Information~~Principal toBalance 17,549,822.00 Dec-06 0.000% Current Scheduled Balance 17,501,635.97 Jan-07 0.000% Feb-07 0.000% Current Foreclosure Total Mar-07 0.000% Loans in Foreclosure 280 Apr-07 0.000% Original Principal Balance 77,279,048.00 May-07 0.000% Current Scheduled Balance 77,077,126.51 Jun-07 0.008% Jul-07 1.379% Aug-07 5.465% Sep-07 8.614% Oct-07 10.832% *The text reported in the above table is presented graphically on the monthly bond remittance report. ~~this~~The ~~period~~monthly bond remittance report can be viewed online at www.ctslink.com. Loan Group 2 Fixed 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 6 Nov-06 No0.000% ~~Bankruptcy~~Original ~~Information~~Principal toBalance 616,100.00 Dec-06 0.000% Current Scheduled Balance 613,340.07 Jan-07 0.000% Feb-07 0.000% Current Foreclosure Total Mar-07 0.000% Loans in Foreclosure 26 Apr-07 0.000% Original Principal Balance 4,763,875.00 May-07 0.000% Current Scheduled Balance 4,745,790.81 Jun-07 0.000% Jul-07 0.000% Aug-07 1.228% Sep-07 2.460% Oct-07 2.702% *The text reported in the above table is presented graphically on the monthly bond remittance report. ~~this~~The ~~period~~monthly bond remittance report can be viewed online at www.ctslink.com.

Bankruptcy Detail - All Mortgage Loans in Bankruptcy during Current Period Group Loan Month Loan First State LTV at Original Number Entered Payment Origination Principal Bankruptcy Date Balance No Bankruptcy Loans this Period

Bankruptcy Detail - All Mortgage Loans in Bankruptcy during Current Period (continued) Group Loan Current Paid To Months Current Approximate Number Scheduled Date Delinquent Loan Rate Delinquent Balance Interest No Bankruptcy Loans this Period

Bankruptcy Detail - All Mortgage Loans in Bankruptcy during Current Period

~~Realized~~Summary ~~Loss~~12 ~~Detail~~Month ~~Report~~Bankruptcy -History* New Bankruptcy Loans ~~with~~Month ~~Losses~~Bankruptcy ~~during~~Percentage Loans in Bankruptcy 9 Nov-06 0.000% Original Principal Balance 1,395,750.00 Dec-06 0.000% Current ~~Period~~Scheduled ~~Summary~~Balance #1,390,068.02 ~~Loans~~Jan-07 ~~Prior~~0.000% ~~Realized~~Feb-07 0.000% Current ~~with~~Bankruptcy ~~Actual~~Total ~~Loss/(Gain)~~Mar-07 ~~Loss~~0.000% ~~Group~~Loans ~~Losses~~in Bankruptcy 29 Apr-07 0.000% Original Principal Balance ~~Amount~~4,119,010.00 ~~Percentage~~May-07 0.000% Current Scheduled Balance 4,104,311.40 Jun-07 0.044% Jul-07 0.049% Aug-07 0.111% Sep-07 0.368% Oct-07 0.408% *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. Loan Group 1 ARM 012 Month Bankruptcy History* New Bankruptcy Loans Month Bankruptcy Percentage Loans in Bankruptcy 1 Nov-06 0.000% Original Principal Balance 85,000.00 Dec-06 0.000% Current Scheduled Balance 84,633.69 Jan-07 0.000% Feb-07 0.000% Current Bankruptcy Total Mar-07 0.000% Loans in Bankruptcy 6 Apr-07 0.000% Original Principal Balance 707,260.00 May-07 0.000% Current Scheduled Balance 703,567.28 Jun-07 0.276% Jul-07 0.183% Aug-07 0.472% Sep-07 0.910% Oct-07 0.835% *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. Loan Group 1 Fixed 0- No Bankruptcy Information to report this period. Loan Group 2 ARM 12 Month Bankruptcy History* New Bankruptcy Loans Month Bankruptcy Percentage Loans in Bankruptcy 4 Nov-06 0.000% Original Principal Balance 906,100.00 Dec-06 0.000% Current Scheduled Balance 902,420.36 Jan-07 0.000% Feb-07 0.000% Current Bankruptcy Total Mar-07 0.000% Loans in Bankruptcy 12 Apr-07 0.000% Original Principal Balance 2,442,800.00 May-07 0.000% ~~Loan~~Current ~~Group~~Scheduled Balance 2,436,030.18 ~~ARM~~Jun-07 0.019% Jul-07 0.00031% Aug-07 0.00046% Sep-07 0.~~000~~324% Oct-07 0.342% *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. Loan Group 2 Fixed 012 Month Bankruptcy History* New Bankruptcy Loans Month Bankruptcy Percentage Loans in Bankruptcy 4 Nov-06 0.000% Original Principal Balance 404,650.00 Dec-06 0.00000% Current Scheduled Balance 403,013.97 Jan-07 0.000% ~~Total~~Feb-07 0.000% Current Bankruptcy Total Mar-07 0.00000% Loans in Bankruptcy 11 Apr-07 0.000% Original Principal Balance 968,950.00 May-07 0.000% Current Scheduled Balance 964,713.94 Jun-07 0.042% Jul-07 0.070% Aug-07 0.222% Sep-07 0.361% Oct-07 0.549% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com.

~~Realized~~Bankruptcy ~~Loss Loan~~ Detail ~~Report~~ - All Mortgage Loans ~~With~~in ~~Losses~~Bankruptcy during Current Period ~~Original~~Group ~~Current~~Loan Month Loan ~~Principal~~First ~~Note~~State LTV at Original ~~Group~~ Number Entered Payment Origination Principal Bankruptcy Date Balance ~~Rate~~Loan ~~State~~Group ~~Origination~~1 ~~Term~~ARM No1009706295 ~~Losses~~Sep-2007 ~~this~~01-Nov-2006 ~~Period~~GA 90.00 188,910.00 Loan Group 1 ARM 1010347546 Aug-2007 01-Dec-2006 OH 90.00 171,000.00 Loan Group 1 ARM 1010548080 Aug-2007 01-Dec-2006 TX 90.00 77,850.00 Loan Group 1 ARM 1010603297 Oct-2007 01-Dec-2006 MI 85.00 85,000.00 Loan Group 1 ARM 1010678750 Sep-2007 01-Dec-2006 TX 90.00 76,500.00 Loan Group 1 ARM 1010732567 Sep-2007 01-Dec-2006 NE 90.00 108,000.00 Loan Group 2 ARM 1009977055 Oct-2007 01-Nov-2006 GA 90.00 188,100.00 Loan Group 2 ARM 1010125508 Sep-2007 01-Dec-2006 MI 80.00 92,000.00 Loan Group 2 ARM 1010489161 Oct-2007 01-Jan-2007 IN 90.00 58,500.00 Loan Group 2 ARM 1010536547 Oct-2007 01-Jan-2007 CA 95.00 389,500.00 Loan Group 2 ARM 1010663551 Sep-2007 01-Dec-2006 CA 90.00 506,700.00 Loan Group 2 ARM 1010817155 Sep-2007 01-Jan-2007 MI 80.00 65,600.00 Loan Group 2 ARM 1010867760 Oct-2007 01-Jan-2007 FL 90.00 270,000.00 Loan Group 2 ARM 1010886785 Aug-2007 01-Jan-2007 OH 80.00 107,600.00 Loan Group 2 ARM 1010962292 Jul-2007 01-Jan-2007 PA 72.00 86,400.00 Loan Group 2 ARM 1011083739 Jun-2007 01-Feb-2007 AL 85.00 66,300.00 Loan Group 2 ARM 1011137058 Sep-2007 01-Feb-2007 TN 90.00 98,100.00 Loan Group 2 ARM 1011231918 Sep-2007 01-Feb-2007 MD 85.95 514,000.00 Loan Group 2 Fixed 1007375191 Sep-2007 01-Jun-2006 TX 20.00 23,600.00 Loan Group 2 Fixed 1007776141 Oct-2007 01-Jul-2006 TX 20.00 20,800.00 Loan Group 2 Fixed 1009154737 Sep-2007 01-Sep-2006 HI 20.00 101,000.00 Loan Group 2 Fixed 1010199073 Oct-2007 01-Dec-2006 KY 90.00 78,300.00 Loan Group 2 Fixed 1010344530 Oct-2007 01-Dec-2006 FL 85.00 189,550.00 Loan Group 2 Fixed 1010391220 Aug-2007 01-Dec-2006 CA 20.00 141,000.00 Loan Group 2 Fixed 1010649444 Oct-2007 01-Jan-2007 OH 80.00 116,000.00 Loan Group 2 Fixed 1010682068 Sep-2007 01-Jan-2007 MI 20.00 23,800.00 Loan Group 2 Fixed 1010826074 Sep-2007 01-Jan-2007 TX 80.00 120,000.00 Loan Group 2 Fixed 1010835545 Aug-2007 01-Jan-2007 VA 20.00 128,000.00 Loan Group 2 Fixed 1010886767 Sep-2007 01-Jan-2007 OH 20.00 26,900.00

~~Realized~~Bankruptcy ~~Loss Loan~~ Detail ~~Report~~ - All Mortgage Loans ~~With~~in ~~Losses~~Bankruptcy during Current Period (continued) ~~Prior~~Group ~~Cumulative~~ Loan ~~Actual~~Current ~~Realized~~Paid ~~Realized~~To ~~Group~~Months Current Approximate Number Scheduled Date Delinquent Loan Rate Delinquent Balance ~~Loss/(Gain)~~Interest ~~Loss/(Gain)~~Loan NoGroup ~~Losses~~1 ~~this~~ARM ~~Period~~1009706295 187,714.69 01-Mar-2007 5 9.375% 8,345.77 Loan Group 1 ARM 1010347546 170,202.19 01-Feb-2007 6 10.400% 8,437.95 Loan Group 1 ARM 1010548080 77,463.16 01-Mar-2007 5 10.100% 3,724.30 Loan Group 1 ARM 1010603297 84,633.69 01-Mar-2007 5 10.775% 4,354.21 Loan Group 1 ARM 1010678750 76,143.04 01-Jan-2007 7 10.400% 3,774.87 Loan Group 1 ARM 1010732567 107,410.51 01-Jun-2007 2 9.650% 3,280.23 Loan Group 2 ARM 1009977055 188,100.00 01-Mar-2007 5 9.025% 8,017.74 Loan Group 2 ARM 1010125508 91,503.03 01-Sep-2007 0 9.700% 1,404.12 Loan Group 2 ARM 1010489161 58,224.10 01-May-2007 3 9.875% 2,277.69 Loan Group 2 ARM 1010536547 387,494.20 01-Apr-2007 4 5.990% 10,656.26 Loan Group 2 ARM 1010663551 505,841.08 01-Jun-2007 2 10.225% 16,404.23 Loan Group 2 ARM 1010817155 65,273.71 01-Jul-2007 1 9.750% 1,510.98 Loan Group 2 ARM 1010867760 268,602.06 01-Jul-2007 1 9.425% 5,999.60 Loan Group 2 ARM 1010886785 107,241.60 01-Feb-2007 6 7.575% 3,798.21 Loan Group 2 ARM 1010962292 86,002.32 01-Jul-2007 1 9.990% 2,042.34 Loan Group 2 ARM 1011083739 66,069.53 01-May-2007 3 10.800% 2,838.87 Loan Group 2 ARM 1011137058 97,678.56 01-Mar-2007 5 9.800% 4,549.80 Loan Group 2 ARM 1011231918 513,999.99 01-Apr-2007 4 7.750% 18,632.46 Loan Group 2 Fixed 1007375191 23,391.32 01-Sep-2007 0 9.800% 362.85 Loan Group 2 Fixed 1007776141 20,635.97 01-Sep-2007 0 9.800% 320.11 Loan Group 2 Fixed 1009154737 100,362.33 01-May-2007 3 10.050% 3,997.45 Loan Group 2 Fixed 1010199073 77,932.69 01-Apr-2007 4 10.375% 3,853.84 Loan Group 2 Fixed 1010344530 189,100.83 01-Jun-2007 2 9.100% 5,423.92 Loan Group 2 Fixed 1010391220 140,608.42 01-May-2007 3 12.800% 7,211.87 Loan Group 2 Fixed 1010649444 115,344.48 01-Jun-2007 2 9.000% 3,272.86 Loan Group 2 Fixed 1010682068 23,733.90 01-May-2007 3 12.350% 1,172.87 Loan Group 2 Fixed 1010826074 119,153.52 01-Sep-2007 0 7.900% 1,471.17 Loan Group 2 Fixed 1010835545 127,664.12 01-Feb-2007 6 12.600% 7,730.99 Loan Group 2 Fixed 1010886767 26,786.36 01-Mar-2007 5 10.400% 1,327.92

Realized Loss Detail Report - ~~Collateral~~Loans ~~Summary~~with -Losses Noduring ~~Realized~~Current ~~Loss~~Period ~~Information~~Summary to# ~~report~~Loans ~~this~~Prior ~~period.~~Realized ~~Loan~~Current ~~Group~~with 1Actual ~~ARM~~Loss/(Gain) ~~- No Realized~~ Loss ~~Information~~Group toLosses ~~report~~Balance ~~this~~Amount ~~period.~~Percentage Loan Group 1 ~~Fixed~~ARM -0 No0.00 ~~Realized Loss Information to report this period~~0.00 ~~Loan Group 2 ARM - No Realized Loss Information to report this period~~0.000% Loan Group 21 Fixed -0 ~~No Realized Loss Information to report this period~~0.00 ~~Calculation Methodology: Monthly Default Rate (MDR): sum(Beg Scheduled Balance of Liquidated Loans)/ sum(Beg Scheduled Balance)~~0.00 Conditional Default Rate (CDR): 1-((1-MDR)^12) SDA Standard Default Assumption: If WAS is less than or equal to 30 then CDR / (WAS * 0.~~02)~~000% ~~else~~Loan ifGroup ~~WAS~~2 isARM ~~greater~~0 ~~than 30 and less than or equal to 60 then CDR /~~ 0.600 ~~else if WAS is greater than 60 and less than or equal to 120 then CDR / (~~0.600 - ((WAS - 60) * 0.~~0095))~~000% ~~else~~Loan ifGroup ~~WAS~~2 isFixed ~~greater~~1 ~~than~~103,865.11 ~~120~~108,896.13 ~~then CDR /~~ 0.03062% ~~Cumulative~~Total ~~Loss~~1 ~~Severity:~~103,865.11 ~~Sum~~108,896.13 ~~(Realized Losses) / Sum (Ending Actual Balance for loans that have experienced a loss)~~0.011%

~~Prepayment~~Realized ~~Detail~~Loss -Loan ~~Prepayments~~Detail ~~during~~Report ~~Current~~- ~~Period Summary~~ Loans ~~Paid~~With InLosses ~~Full~~during ~~Repurchased~~Current ~~Loans~~Period Original Current ~~Original~~Loan ~~Current~~ Principal ~~Scheduled~~Note ~~Principal~~LTV ~~Scheduled~~at Original Group ~~Count~~Number Balance ~~Balance~~Rate ~~Count~~State ~~Balance~~Origination ~~Balance~~Term Loan Group 12 ~~ARM 9 1,947,620.00 1,943,475.55 0 0.00 0.00 Loan Group 1~~ Fixed 41010682825 ~~731~~104,000.00 ~~729,030.64 0 0.00 0.00 Loan Group 2 ARM 38~~ 11~~,109,925~~.00500% ~~11,091,822.60~~VA ~~0 0~~20.00 ~~0.00 Loan Group 2 Fixed 9 1,670,556.00 1,666,898.80 0 0.00 0.00 Total 60 15,459,101.00 15,431,227.59 0 0.00 0.00~~360

~~Prepayment~~Realized Loss Loan Detail Report - ~~Prepayments~~Loans With Losses during Current Period (continued) ~~Summary~~Prior ~~Substitution~~Cumulative ~~Loans~~Loan ~~Liquidated~~Actual ~~Loans~~Realized ~~Curtailments~~Realized ~~Original Current Original Current Principal Scheduled Principal Scheduled Curtailment~~ Group ~~Count~~Number Balance ~~Balance~~Loss/(Gain) ~~Count~~Loss/(Gain) ~~Balance Balance Amount~~ Loan Group 12 ~~ARM 0 0.00 0.00 0 0.00 0.00 3,348.87 Loan Group 1~~ Fixed 01010682825 ~~0.00 0.00 0 0.00 0.00 2~~103,~~077~~865.5911 ~~Loan Group 2 ARM 0 0.00 0.00 0 0.00 0.00 25~~108,~~313~~896.2513 ~~Loan Group 2 Fixed 0 0.00 0.00 0 0.00 0.00 15~~108,~~496~~896.~~00 Total 0 0.00 0.00 0 0.00 0.00 46,235.71~~13

Prepayment Loan Detail - Prepayments during Current Period First Original Loan LTV at Payment Principal Prepayment Group Number State Origination Date Balance Amount Loan Group 1 ARM 1008663760 MD 85.00 01-Sep-2006 242,250.00 241,863.90 Loan Group 1 ARM 1010267061 AZ 85.65 01-Dec-2006 225,250.00 224,976.77 Loan Group 1 ARM 1010345138 NJ 80.00 01-Dec-2006 343,920.00 343,455.41 Loan Group 1 ARM 1010405876 IA 80.00 01-Dec-2006 112,000.00 111,506.29 Loan Group 1 ARM 1010453476 CO 85.00 01-Dec-2006 301,750.00 300,689.16 Loan Group 1 ARM 1010487127 GA 81.63 01-Oct-2006 200,000.00 198,844.89 Loan Group 1 ARM 1010493548 GA 90.00 01-Dec-2006 207,000.00 206,766.95 Loan Group 1 ARM 1010548473 CA 31.45 01-Dec-2006 195,000.00 194,682.17 Loan Group 1 ARM 1010565113 NJ 55.00 01-Dec-2006 120,450.00 119,931.62 Loan Group 1 Fixed 1010237647 IL 68.39 01-Dec-2006 225,000.00 224,329.70 Loan Group 1 Fixed 1010404225 FL 84.59 01-Dec-2006 258,000.00 256,807.32 Loan Group 1 Fixed 1010405527 IA 20.00 01-Dec-2006 28,000.00 27,954.37 Loan Group 1 Fixed 1010623872 NJ 70.97 01-Dec-2006 220,000.00 219,537.39 Loan Group 2 ARM 1009402577 NJ 77.60 01-Nov-2006 485,000.00 484,424.09 Loan Group 2 ARM 1009445031 PA 63.81 01-Nov-2006 67,000.00 66,695.45 Loan Group 2 ARM 1009508259 MA 85.00 01-Nov-2006 303,450.00 302,560.84 Loan Group 2 ARM 1009598964 AZ 95.00 01-Oct-2006 361,000.00 360,411.75 Loan Group 2 ARM 1009810886 CA 80.00 01-Nov-2006 100,000.00 99,878.92 Loan Group 2 ARM 1010051846 OH 95.00 01-Nov-2006 50,350.00 50,189.76 Loan Group 2 ARM 1010103755 IL 51.20 01-Dec-2006 256,000.00 255,188.19 Loan Group 2 ARM 1010106832 AR 80.00 01-Nov-2006 160,000.00 160,000.00 Loan Group 2 ARM 1010147815 MA 80.00 01-Dec-2006 212,800.00 212,447.27 Loan Group 2 ARM 1010165260 CA 90.00 01-Nov-2006 380,700.00 380,700.00 Loan Group 2 ARM 1010171618 MD 56.67 01-Dec-2006 170,000.00 169,734.07 Loan Group 2 ARM 1010187558 SC 74.97 01-Dec-2006 56,600.00 56,388.39 Loan Group 2 ARM 1010263314 IL 80.00 01-Dec-2006 216,000.00 215,453.56 Loan Group 2 ARM 1010296547 IL 70.00 01-Dec-2006 140,000.00 139,713.76 Loan Group 2 ARM 1010300177 NJ 80.00 01-Dec-2006 140,000.00 139,892.16 Loan Group 2 ARM 1010304565 CA 69.28 01-Dec-2006 540,400.00 538,746.95 Loan Group 2 ARM 1010304690 CA 58.77 01-Dec-2006 315,000.00 314,078.66 Loan Group 2 ARM 1010341588 IN 70.00 01-Dec-2006 70,000.00 69,372.29 Loan Group 2 ARM 1010384176 NJ 85.00 01-Dec-2006 450,500.00 449,767.43 Loan Group 2 ARM 1010387743 CA 85.00 01-Dec-2006 153,000.00 153,000.00 Loan Group 2 ARM 1010453163 CA 80.00 01-Dec-2006 488,000.00 488,000.00 Loan Group 2 ARM 1010500004 CA 90.00 01-Dec-2006 374,400.00 374,339.76 Loan Group 2 ARM 1010556150 IL 90.00 01-Jan-2007 225,000.00 224,443.64 Loan Group 2 ARM 1010558309 MO 95.00 01-Dec-2006 68,875.00 68,632.20 Loan Group 2 ARM 1010608899 MD 77.58 01-Dec-2006 640,000.00 636,578.19 Loan Group 2 ARM 1010651555 AZ 65.00 01-Jan-2007 104,000.00 103,842.42 Loan Group 2 ARM 1010699363 CT 85.00 01-Jan-2007 272,000.00 271,591.90 Loan Group 2 ARM 1010715620 CA 90.00 01-Jan-2007 517,500.00 516,621.16 Loan Group 2 ARM 1010723149 MD 78.52 01-Jan-2007 569,250.00 567,186.65 Loan Group 2 ARM 1010729125 CA 54.44 01-Jan-2007 245,000.00 244,999.97 Loan Group 2 ARM 1010741986 CA 95.00 01-Dec-2006 454,100.00 454,099.96 Loan Group 2 ARM 1010752054 NJ 90.00 01-Jan-2007 272,700.00 271,711.52 Loan Group 2 ARM 1010837482 CA 37.75 01-Jan-2007 254,800.00 254,383.39 Loan Group 2 ARM 1010838472 CA 80.00 01-Jan-2007 642,400.00 640,215.86 Loan Group 2 ARM 1011060353 AZ 80.00 01-Jan-2007 259,600.00 258,791.23 Loan Group 2 ARM 1011175159 CA 90.00 01-Feb-2007 774,000.00 774,000.00 Loan Group 2 ARM 1011178361 NJ 68.46 01-Feb-2007 267,000.00 266,613.90 Loan Group 2 ARM 1011367923 OH 64.46 01-Feb-2007 53,500.00 53,369.84 Loan Group 2 Fixed 1008032498 NJ 66.04 01-Aug-2006 350,000.00 348,429.43 Loan Group 2 Fixed 1008758542 AR 20.00 01-Aug-2006 23,400.00 23,253.60 Loan Group 2 Fixed 1010260969 CT 72.29 01-Dec-2006 162,656.00 162,105.03 Loan Group 2 Fixed 1010352192 CA 20.00 01-Dec-2006 168,000.00 167,700.99 Loan Group 2 Fixed 1010377969 CA 20.00 01-Dec-2006 206,000.00 205,563.39 Loan Group 2 Fixed 1010444192 CA 20.00 01-Dec-2006 167,000.00 166,702.77 Loan Group 2 Fixed 1010453430 CA 20.00 01-Dec-2006 122,000.00 121,789.90 Loan Group 2 Fixed 1010810982 MA 83.81 01-Jan-2007 264,000.00 263,430.57 Loan Group 2 Fixed 1010817262 FL 74.37 01-Jan-2007 207,500.00 207,284.78

Prepayment ~~Loan~~ Detail - Prepayments during Current Period ~~(continued)~~Summary ~~Current~~Loans ~~Loan PIF Months Loan Original Group Number Type Delinquent Rate Term Seasoning Loan Group 1 ARM 1008663760 Loan~~ Paid inIn Full 0Repurchased ~~9.725%~~Loans ~~360~~Original 8Current ~~Loan~~Original ~~Group~~Current 1Principal ~~ARM~~Scheduled ~~1010267061~~Principal ~~Loan~~Scheduled ~~Paid in Full 0 9.250% 360 5 Loan~~ Group 1Count ~~ARM~~Balance ~~1010345138~~Balance ~~Loan~~Count ~~Paid~~Balance inBalance ~~Full 0 8.875% 360 5~~ Loan Group 1 ARM ~~1010405876 Loan Paid in Full 0~~ 7~~.625%~~ ~~360 5 Loan Group~~ 1 ~~ARM 1010453476 Loan Paid in Full 0 8~~,319,450.~~750%~~00 ~~360 5 Loan Group~~ 1 ~~ARM 1010487127 Loan Paid in Full 0 7~~,313,151.~~750%~~13 ~~360 7 Loan Group 1 ARM 1010493548 Loan Paid in Full~~ 0 ~~9.500% 360 5 Loan Group 1 ARM 1010548473 Loan Paid in Full~~ 0 8.~~275%~~00 ~~360 5 Loan Group 1 ARM 1010565113 Loan Paid in Full~~ 0 7.~~750%~~00 ~~360 5~~ Loan Group 1 Fixed ~~1010237647 Loan Paid in Full~~ 0 ~~9.550% 360 5 Loan Group 1 Fixed 1010404225 Loan Paid in Full~~ 0 7.~~390%~~00 ~~360 5 Loan Group 1 Fixed 1010405527 Loan Paid in Full~~ 0 12.~~350%~~00 ~~360 5 Loan Group 1 Fixed 1010623872 Loan Paid in Full~~ 0 ~~7.350% 360 5 Loan Group 2 ARM 1009402577 Loan Paid in Full~~ 0 9.~~850%~~00 ~~360 6 Loan Group 2 ARM 1009445031 Loan Paid in Full~~ 0 9.~~875%~~00 ~~360 6~~ Loan Group 2 ARM ~~1009508259~~27 Loan Paid in Full 0 10.375% 360 6 Loan Group 2 ARM 1009598964 Loan Paid in Full 0 9.250% 360 7 Loan Group 2 ARM 1009810886 Loan Paid in Full 0 9.775% 360 6 Loan Group 2 ARM 1010051846 Loan Paid in Full 0 9.990% 360 6 Loan Group 2 ARM 1010103755 Loan Paid in Full 0 9.250% 360 5 ~~Loan Group 2 ARM 1010106832 Loan Paid in Full 0 8~~,083,601.~~425%~~00 ~~360 6 Loan Group 2 ARM 1010147815 Loan Paid in Full 0 8.175% 360~~ 5 ~~Loan Group 2 ARM 1010165260 Loan Paid in Full 0 9~~,067,561.~~650%~~80 ~~360 6 Loan Group 2 ARM 1010171618 Loan Paid in Full~~ 0 ~~8.375% 360 5 Loan Group 2 ARM 1010187558 Loan Paid in Full~~ 0 8.~~450%~~00 ~~360 5 Loan Group 2 ARM 1010263314 Loan Paid in Full~~ 0 7.~~175%~~00 ~~360 5~~ Loan Group 2 ~~ARM~~Fixed 1010296547 Loan Paid in Full 0 7.450% 360 5 Loan Group 2 ARM 1010300177 Loan Paid in Full 0 10.950% 360 5 Loan Group 2 ARM 1010304565 Loan Paid in Full 0 5.985% 360 5 Loan Group 2 ARM 1010304690 Loan Paid in Full 0 6.550% 360 5 Loan Group 2 ARM 1010341588 Loan Paid in Full 0 10.075% 360 5 Loan Group 2 ARM 1010384176 Loan Paid in Full 0 8~~.250%~~ 360 5 Loan Group 2 ARM 1010387743 Loan Paid in Full 0 8.800% 360 5 Loan Group 2 ARM 1010453163 Loan Paid in Full 0 8.575% 360 5 Loan Group 2 ARM 1010500004 Loan Paid in Full 0 8.975% 360 5 Loan Group 2 ARM 1010556150 Loan Paid in Full 0 9.550% 360 4 Loan Group 2 ARM 1010558309 Loan Paid in Full 0 8.906,750~~% 360 5 Loan Group 2 ARM 1010608899 Loan Paid in Full 0 7~~.~~280%~~00 ~~360 5 Loan Group 2 ARM 1010651555 Loan Paid in Full 0 7~~901,845.~~850%~~34 ~~360 4 Loan Group 2 ARM 1010699363 Loan Paid in Full~~ 0 ~~7.875% 360 4 Loan Group 2 ARM 1010715620 Loan Paid in Full~~ 0 7.~~450%~~00 ~~360 4 Loan Group 2 ARM 1010723149 Loan Paid in Full~~ 0 7.~~675%~~00 ~~360~~Total 442 ~~Loan Group 2 ARM 1010729125 Loan Paid in Full 0 6.375% 360 4 Loan Group 2 ARM 1010741986 Loan Paid in Full 0 9.800% 360 5 Loan Group 2 ARM 1010752054 Loan Paid in Full 0~~ 7,309,801.~~675%~~00 ~~360 4 Loan Group 2 ARM 1010837482 Loan Paid in Full 0~~ 7,282,558.~~575%~~27 ~~360 4 Loan Group 2 ARM 1010838472 Loan Paid in Full~~ 0 ~~8.000% 360 4 Loan Group 2 ARM 1011060353 Loan Paid in Full~~ 0 8.~~425%~~00 ~~360 4 Loan Group 2 ARM 1011175159 Loan Paid in Full~~ 0 9.550% 360 3 Loan Group 2 ARM 1011178361 Loan Paid in Full 0 11.000% 360 3 Loan Group 2 ARM 1011367923 Loan Paid in Full 0 8.525% 360 3 Loan Group 2 Fixed 1008032498 Loan Paid in Full 0 6.500% 360 9 Loan Group 2 Fixed 1008758542 Loan Paid in Full 0 8.500% 360 9 Loan Group 2 Fixed 1010260969 Loan Paid in Full 0 8.925% 360 5 Loan Group 2 Fixed 1010352192 Loan Paid in Full 0 11.950% 360 5 Loan Group 2 Fixed 1010377969 Loan Paid in Full 0 11.150% 360 5 Loan Group 2 Fixed 1010444192 Loan Paid in Full 0 11.950% 360 5 Loan Group 2 Fixed 1010453430 Loan Paid in Full 0 12.100% 360 5 Loan Group 2 Fixed 1010810982 Loan Paid in Full 0 6.650% 360 4 Loan Group 2 Fixed 1010817262 Loan Paid in Full 0 9.150% 360 400

Prepayment ~~Penalty~~ Detail - ~~Prepayment~~Prepayments ~~Penalty Paid~~ during Current Period ~~Prepayment~~(continued) ~~Prepayment~~ Summary ~~Loan~~Substitution ~~Prior~~Loans ~~Penalty~~Liquidated ~~Penalty~~Loans Curtailments Original Current Original Current Principal Scheduled Principal Scheduled Curtailment Group Count Balance ~~Amount~~Balance ~~Waived~~Count Balance Balance Amount Loan Group 1 ARM 10 ~~198,992~~0.5500 ~~3,979~~0.8500 0 0.00 0.00 1,267.52 Loan Group 1 Fixed 0 0.00 0.00 0 0.00 0.00 3,225.55 Loan Group 2 ARM 130 ~~2,706,481~~0.4400 ~~74,020~~0.5400 0 0.00 0.00 7,871.31 Loan Group 2 Fixed 30 ~~392~~0.00 0.00 1 104,~~795~~000.2000 14103,~~071~~689.0908 3,440.68 Total 0 0.00 ~~Total~~0.00 171 3104,~~298,269~~000.1900 92103,~~071~~689.4808 015,805.0006

Prepayment ~~Penalty~~ Loan Detail - ~~Prepayment~~Prepayments ~~Penalty Paid~~ during Current Period ~~Paid~~First InOriginal ~~Prepayment Prepayment~~ Loan ~~Full~~LTV ~~Prior~~at ~~Penalty~~Payment ~~Penalty~~Principal Prepayment Group Number State Origination Date Balance Amount ~~Waived~~Loan Group 1 ARM 1009469283 MA 60.59 01-Oct-2006 357,500.00 356,461.14 Loan Group 1 ARM ~~1010487127~~1010250346 ~~05/15/2007~~MD ~~198~~82.35 01-Dec-2006 224,~~992~~000.5500 3222,~~979~~238.73 Loan Group 1 ARM 1010431936 UT 80.00 01-Dec-2006 66,400.00 66,209.77 Loan Group 1 ARM 1010473524 TX 80.00 01-Dec-2006 168,000.00 166,145.63 Loan Group 1 ARM 1010501584 NM 60.67 01-Dec-2006 182,000.00 180,203.24 Loan Group 1 ARM 1010523917 FL 70.00 01-Dec-2006 175,350.00 175,350.00 Loan Group 1 ARM 1010634263 CO 85.00 001-Dec-2006 146,200.00 145,922.58 Loan Group 2 ARM ~~1009445031~~1009843609 ~~05/14/2007~~CO 6672.97 01-Nov-2006 108,~~727~~000.8500 107,739.67 Loan Group 2 ARM 1009887553 WA 80.00 01-Nov-2006 212,~~637~~000.2600 0211,405.01 Loan Group 2 ARM 1009957102 NY 90.00 01-Dec-2006 360,000.00 357,432.83 Loan Group 2 ARM ~~1010051846~~1010128738 ~~05/15/~~NY 84.00 01-Jan-2007 50168,~~213~~000.2200 ~~503~~167,551.44 Loan Group 2 ARM 1010129041 WI 85.00 01-Nov-2006 134,300.00 134,090.50 0Loan Group 2 ARM 1010165894 AZ 83.36 01-Dec-2006 250,000.00 250,000.00 Loan Group 2 ARM ~~1010304565~~1010221921 ~~05/15/2007~~MI ~~539~~80.00 01-Dec-2006 55,~~024~~200.0300 1254,~~904~~996.3127 0Loan Group 2 ARM 1010242374 WA 68.45 01-Dec-2006 217,000.00 216,746.95 Loan Group 2 ARM ~~1010304690~~1010245424 ~~05/15/2007~~MD ~~314~~75.00 01-Dec-2006 375,~~218~~000.9800 8373,~~225~~446.8672 0Loan Group 2 ARM 1010279450 IL 79.17 01-Dec-2006 190,000.00 188,383.74 Loan Group 2 ARM ~~1010341588~~1010324240 ~~05/15/2007~~MD 6981.18 01-Dec-2006 276,~~407~~000.00 274,673.46 1Loan Group 2 ARM 1010327390 NJ 79.95 01-Oct-2006 165,~~382~~500.1400 0164,165.47 Loan Group 2 ARM 1010454723 LA 72.83 01-Dec-2006 218,500.00 217,934.77 Loan Group 2 ARM ~~1010387743~~1010520796 ~~04/26/~~FL 52.42 01-Jan-2007 ~~153~~325,000.00 5324,~~385~~060.6091 0Loan Group 2 ARM 1010528654 NJ 90.00 01-Dec-2006 349,200.00 349,200.00 Loan Group 2 ARM ~~1010558309~~1010532890 ~~05/15/2007~~FL ~~68,673~~77.3049 101-Dec-2006 148,~~374~~000.2800 0148,000.00 Loan Group 2 ARM ~~1010651555~~1010570152 ~~04/30/~~NC 80.00 01-Jan-2007 ~~103~~100,~~874~~800.3500 3100,~~260~~063.6782 0Loan Group 2 ARM 1010667076 OH 90.00 01-Jan-2007 127,800.00 127,214.49 Loan Group 2 ARM ~~1010699363~~1010698667 ~~04/18/~~NC 73.17 01-Jan-2007 ~~271~~75,~~673~~000.6900 874,~~561~~648.6214 0Loan Group 2 ARM 1010728386 CT 37.50 01-Jan-2007 75,001.00 74,557.25 Loan Group 2 ARM ~~1010715620~~1010782673 ~~04/27/~~LA 60.00 01-Jan-2007 ~~516~~151,~~799~~800.1100 15150,~~401~~937.9886 0Loan Group 2 ARM 1010841805 WI 63.85 01-Jan-2007 124,500.00 123,492.06 Loan Group 2 ARM ~~1010729125~~1010976054 ~~05/03/~~CA 66.59 01-Jan-2007 ~~244~~273,~~999~~000.9700 6271,~~247~~840.5015 0Loan Group 2 ARM 1011019373 CA 26.67 01-Jan-2007 120,000.00 119,707.44 Loan Group 2 ARM ~~1010837482~~1011061389 ~~05/02/~~WA 83.95 01-Jan-2007 ~~254~~204,~~466~~000.9200 7204,~~707~~000.8200 0Loan Group 2 ARM 1011254705 ME 71.17 01-Feb-2007 100,000.00 99,570.70 Loan Group 2 ARM ~~1011367923~~1011343101 ~~05/~~MD 69.23 01/-Feb-2007 53180,~~402~~000.5600 ~~428~~180,000.00 0Loan Group 2 Fixed 1006492413 OK 20.00 01-Apr-2006 24,000.00 23,895.64 Loan Group 2 Fixed ~~1008758542~~1009939597 ~~05/09/2007~~CA 2337.21 01-Nov-2006 160,~~268~~000.7100 ~~698~~158,413.0645 0Loan Group 2 Fixed 1010151765 NM 94.39 01-Dec-2006 179,350.00 177,978.48 Loan Group 2 Fixed ~~1010260969~~1010350130 ~~05/15/2007~~PA ~~162~~20.00 01-Dec-2006 45,~~198~~800.00 45,636.47 Loan Group 2 Fixed 1010448321 TX 80.00 01-Dec-2006 556,~~786~~800.00 56,500.38 0Loan Group 2 Fixed 1010682825 VA 20.00 01-Dec-2006 104,000.00 103,652.86 Loan Group 2 Fixed ~~1010817262~~1010771006 ~~04/~~PA 10.00 01-Jan-2007 57,800.00 57,615.24/ Loan Group 2 Fixed 1010929132 CA 45.60 01-Jan-2007 ~~207~~228,~~328~~000.4800 7226,~~586~~905.6507 0Loan Group 2 Fixed 1011020673 UT 79.90 01-Jan-2007 155,000.00 154,391.41

~~Summary~~Prepayment ~~SMM~~Loan ~~CPR~~Detail ~~PSA~~- ~~Current~~Prepayments ~~Month~~during ~~1.432%~~ Current ~~Month~~Period ~~15.892%~~(continued) Current ~~Month~~Loan ~~1,681.176%~~PIF 3Months ~~Month~~Loan ~~Average~~Original ~~0.000%~~Group 3Number ~~Month~~Type ~~Average~~Delinquent ~~0.000%~~Rate 3Term ~~Month~~Seasoning ~~Average~~Loan ~~0.000%~~Group 121 ~~Month~~ARM ~~Average~~1009469283 ~~0.000%~~Loan 12Paid ~~Month~~in ~~Average~~Full 0~~.000%~~ ~~12 Month Average 0~~9.000% ~~CPR:~~360 ~~Current~~12 ~~vs.~~Loan ~~12mo~~Group Average*1 ~~PSA:~~ARM ~~Current~~1010250346 ~~vs.~~Loan ~~12mo~~Paid Average*in ~~Month~~Full ~~Current~~0 ~~12mo Avg~~7.850% ~~Month~~360 ~~Current~~10 ~~12mo~~Loan ~~Avg.~~Group ~~Jun-2006~~1 ~~N/A~~ARM ~~N/A~~1010431936 ~~Jun-2006~~Loan ~~N/A~~Paid ~~N/A~~in ~~Jul-2006~~Full ~~N/A~~0 ~~N/A~~8.450% ~~Jul-2006~~360 ~~N/A~~10 ~~N/A~~Loan ~~Aug-2006~~Group ~~N/A~~1 ~~N/A~~ARM ~~Aug-2006~~1010473524 ~~N/A~~Loan ~~N/A~~Paid ~~Sep-2006~~in ~~N/A~~Full ~~N/A~~(1) Sep-2006 N/A N/A Oct-2006 N/A N/A Oct-2006 N/A N/A Nov-2006 N/A N/A Nov-2006 N/A N/A Dec-2006 N/A N/A Dec-2006 N/A N/A Jan-2007 N/A N/A Jan-2007 N/A N/A Feb-2007 N/A N/A Feb-2007 N/A N/A Mar-2007 N/A N/A Mar-2007 N/A N/A Apr-2007 N/A N/A Apr-2007 N/A N/A May-2007 156.~~892~~250% ~~N/A~~360 ~~May-2007~~10 ~~1,681.176%~~Loan ~~N/A~~Group *The1 ~~text~~ARM ~~reported~~1010501584 inLoan ~~the~~Paid ~~above table is presented *The text reported~~ in ~~the~~Full ~~above~~0 ~~table is presented graphically on the monthly bond remittance report~~7.000% ~~The~~360 ~~graphically~~10 onLoan ~~the~~Group ~~monthly~~1 ~~bond~~ARM ~~remittance~~1010523917 ~~report.~~Loan ~~The~~Paid ~~monthly~~in ~~bond~~Full ~~remittance~~0 ~~report can be viewed online at monthly bond remittance report can be viewed online at www~~7.~~ctslink.com.~~350% ~~www.ctslink.com.~~360 10 Loan Group 1 ARM ~~SMM~~1010634263 ~~CPR~~Loan ~~PSA~~Paid ~~Current~~in ~~Month~~Full 20 9.~~102~~850% ~~Current~~360 ~~Month~~10 ~~22.504%~~Loan ~~Current~~Group ~~Month~~ 2~~,148.727%~~ 3ARM ~~Month~~1009843609 ~~Average~~Loan ~~0.000%~~Paid 3in ~~Month~~Full ~~Average~~ 0~~.000%~~ ~~3 Month Average 0~~9.~~000~~350% 12360 ~~Month~~11 ~~Average~~Loan ~~0.000%~~Group 122 ~~Month~~ARM ~~Average~~1009887553 ~~0.000%~~Loan 12Paid ~~Month~~in ~~Average~~Full 0 8.~~000~~850% ~~CPR:~~360 ~~Current~~11 ~~vs.~~Loan ~~12mo~~Group Average*2 ~~PSA:~~ARM ~~Current~~1009957102 ~~vs.~~Loan ~~12mo~~Paid Average*in ~~Month~~Full ~~Current~~0 ~~12mo Avg~~8.375% ~~Month~~360 ~~Current~~10 ~~12mo~~Loan ~~Avg.~~Group ~~Jun-2006~~2 ~~N/A~~ARM ~~N/A~~1010128738 ~~Jun-2006~~Loan ~~N/A~~Paid ~~N/A~~in ~~Jul-2006~~Full ~~N/A~~0 ~~N/A~~8.350% ~~Jul-2006~~360 ~~N/A~~9 ~~N/A~~Loan ~~Aug-2006~~Group ~~N/A~~2 ~~N/A~~ARM ~~Aug-2006~~1010129041 ~~N/A~~Loan ~~N/A~~Paid ~~Sep-2006~~in ~~N/A~~Full ~~N/A~~0 ~~Sep-2006~~10.800% ~~N/A~~360 ~~N/A~~11 ~~Oct-2006~~Loan ~~N/A~~Group ~~N/A~~2 ~~Oct-2006~~ARM ~~N/A~~1010165894 ~~N/A~~Loan ~~Nov-2006~~Paid ~~N/A~~in ~~N/A~~Full ~~Nov-2006~~0 ~~N/A~~8.250% ~~N/A~~360 ~~Dec-2006~~10 ~~N/A~~Loan ~~N/A~~Group ~~Dec-2006~~2 ~~N/A~~ARM ~~N/A~~1010221921 ~~Jan-2007~~Loan ~~N/A~~Paid ~~N/A~~in ~~Jan-2007~~Full ~~N/A~~4 ~~N/A~~11.500% ~~Feb-2007~~360 ~~N/A~~10 ~~N/A~~Loan ~~Feb-2007~~Group ~~N/A~~2 ~~N/A~~ARM ~~Mar-2007~~1010242374 ~~N/A~~Loan ~~N/A~~Paid ~~Mar-2007~~in ~~N/A~~Full ~~N/A~~0 ~~Apr-2007 N/A N/A Apr-2007 N/A N/A May-2007 22~~11.~~504~~450% ~~N/A~~360 ~~May-2007~~10 ~~2,148.727%~~Loan ~~N/A~~Group *The2 ~~text~~ARM ~~reported~~1010245424 inLoan ~~the~~Paid ~~above table is presented *The text reported~~ in ~~the~~Full ~~above~~0 ~~table~~7.150% is360 ~~presented~~10 ~~graphically~~Loan onGroup ~~the~~2 ~~monthly~~ARM ~~bond~~1010279450 ~~remittance~~Loan ~~report.~~Paid ~~The~~in ~~graphically~~Full on0 ~~the monthly bond remittance report~~7.450% ~~The~~360 ~~monthly~~10 ~~bond~~Loan ~~remittance~~Group ~~report~~2 ~~can~~ARM be1010324240 ~~viewed~~Loan ~~online~~Paid atin ~~monthly~~Full ~~bond~~0 ~~remittance report can be viewed online at www~~6.~~ctslink.com.~~850% ~~www.ctslink.com.~~360 10 Loan Group 12 ~~Fixed~~ARM ~~SMM~~1010327390 ~~CPR~~Loan ~~PSA~~Paid ~~Current~~in ~~Month~~Full 10 8.~~943~~595% ~~Current~~360 ~~Month~~12 ~~20.976%~~Loan ~~Current~~Group ~~Month~~ 2~~,018.325%~~ 3ARM ~~Month~~1010454723 ~~Average~~Loan ~~0.000%~~Paid 3in ~~Month~~Full ~~Average~~ 0~~.000%~~ ~~3 Month Average 0~~8.~~000~~800% 12360 ~~Month~~10 ~~Average~~Loan ~~0.000%~~Group 122 ~~Month~~ARM ~~Average~~1010520796 ~~0.000%~~Loan 12Paid ~~Month~~in ~~Average~~Full 0 8.~~000~~075% ~~CPR:~~360 ~~Current~~9 ~~vs.~~Loan ~~12mo~~Group Average*2 ~~PSA:~~ARM ~~Current~~1010528654 ~~vs.~~Loan ~~12mo~~Paid Average*in ~~Month~~Full ~~Current~~(1) ~~12mo Avg~~8.225% ~~Month~~360 ~~Current~~10 ~~12mo~~Loan ~~Avg.~~Group ~~Jun-2006~~2 ~~N/A~~ARM ~~N/A~~1010532890 ~~Jun-2006~~Loan ~~N/A~~Paid ~~N/A~~in ~~Jul-2006~~Full ~~N/A~~0 N/A Jul-2006 N/A N/A Aug-2006 N/A N/A Aug-2006 N/A N/A Sep-2006 N/A N/A Sep-2006 N/A N/A Oct-2006 N/A N/A Oct-2006 N/A N/A Nov-2006 N/A N/A Nov-2006 N/A N/A Dec-2006 N/A N/A Dec-2006 N/A N/A Jan-2007 N/A N/A Jan-2007 N/A N/A Feb-2007 N/A N/A Feb-2007 N/A N/A Mar-2007 N/A N/A Mar-2007 N/A N/A Apr-2007 N/A N/A Apr-2007 N/A N/A May-2007 207.~~976~~250% ~~N/A~~360 ~~May-2007~~10 ~~2,018.325%~~Loan ~~N/A~~Group *The2 ~~text~~ARM ~~reported~~1010570152 inLoan ~~the~~Paid ~~above table is presented *The text reported~~ in ~~the~~Full ~~above~~(1) ~~table is presented graphically on the monthly bond remittance report~~7.725% ~~The~~360 ~~graphically~~9 onLoan ~~the~~Group ~~monthly~~2 ~~bond~~ARM ~~remittance~~1010667076 ~~report.~~Loan ~~The~~Paid ~~monthly~~in ~~bond~~Full ~~remittance~~0 ~~report can be viewed online at monthly bond remittance report can be viewed online at www~~10.~~ctslink.com.~~013% ~~www.ctslink.com.~~360 9 Loan Group 2 ARM ~~SMM~~1010698667 ~~CPR~~Loan ~~PSA~~Paid ~~Current~~in ~~Month~~Full (1~~.453%~~) ~~Current Month 16~~9.~~110~~900% ~~Current~~360 ~~Month~~9 ~~1,739.661%~~Loan 3Group ~~Month~~2 ~~Average~~ARM ~~0.000%~~1010728386 3Loan ~~Month~~Paid ~~Average~~in ~~0.000%~~Full ~~3 Month Average~~ 0 8.~~000~~775% 12360 ~~Month~~9 ~~Average~~Loan ~~0.000%~~Group 122 ~~Month~~ARM ~~Average~~1010782673 ~~0.000%~~Loan 12Paid ~~Month~~in ~~Average~~Full 0 8.~~000~~975% ~~CPR:~~360 ~~Current~~9 ~~vs.~~Loan ~~12mo~~Group Average*2 ~~PSA:~~ARM ~~Current~~1010841805 ~~vs.~~Loan ~~12mo~~Paid Average*in ~~Month~~Full ~~Current~~0 ~~12mo Avg~~7.200% ~~Month~~360 ~~Current~~9 ~~12mo~~Loan ~~Avg.~~Group ~~Jun-2006~~2 ~~N/A~~ARM ~~N/A~~1010976054 ~~Jun-2006~~Loan ~~N/A~~Paid ~~N/A~~in ~~Jul-2006~~Full ~~N/A~~0 ~~N/A~~6.700% ~~Jul-2006~~360 ~~N/A~~9 ~~N/A~~Loan ~~Aug-2006~~Group ~~N/A~~2 ~~N/A~~ARM ~~Aug-2006~~1011019373 ~~N/A~~Loan ~~N/A~~Paid ~~Sep-2006~~in ~~N/A~~Full ~~N/A~~0 ~~Sep-2006~~8.725% ~~N/A~~360 ~~N/A~~9 ~~Oct-2006~~Loan ~~N/A~~Group ~~N/A~~2 ~~Oct-2006~~ARM ~~N/A~~1011061389 ~~N/A~~Loan ~~Nov-2006~~Paid ~~N/A~~in ~~N/A~~Full ~~Nov-2006~~0 ~~N/A~~6.750% ~~N/A~~360 ~~Dec-2006~~9 ~~N/A~~Loan ~~N/A~~Group ~~Dec-2006~~2 ~~N/A~~ARM ~~N/A~~1011254705 ~~Jan-2007~~Loan ~~N/A~~Paid ~~N/A~~in ~~Jan-2007~~Full ~~N/A~~0 ~~N/A~~9.800% ~~Feb-2007~~360 ~~N/A~~8 ~~N/A~~Loan ~~Feb-2007~~Group ~~N/A~~2 ~~N/A~~ARM ~~Mar-2007~~1011343101 ~~N/A~~Loan ~~N/A~~Paid ~~Mar-2007~~in ~~N/A~~Full ~~N/A~~0 ~~Apr-2007 N/A N/A Apr-2007 N/A N/A May-2007 16~~6.~~110~~275% ~~N/A~~360 ~~May-2007~~8 ~~1,739.661%~~Loan ~~N/A~~Group *The2 ~~text~~Fixed ~~reported~~1006492413 inLoan ~~the~~Paid ~~above table is presented *The text reported~~ in ~~the~~Full ~~above~~0 ~~table is presented graphically on the monthly bond remittance report~~13.450% ~~The~~360 ~~graphically~~18 onLoan ~~the~~Group ~~monthly~~2 ~~bond~~Fixed ~~remittance~~1009939597 ~~report.~~Loan ~~The~~Paid ~~monthly~~in ~~bond~~Full ~~remittance~~0 ~~report can be viewed online at monthly bond remittance report can be viewed online at www~~7.~~ctslink.com.~~125% ~~www.ctslink.com.~~360 11 Loan Group 2 Fixed ~~SMM~~1010151765 ~~CPR~~Loan ~~PSA~~Paid ~~Current~~in ~~Month~~Full 0 7.~~906~~990% ~~Current~~360 ~~Month~~ 10~~.346%~~ ~~Current~~Loan ~~Month~~Group ~~1,083.542%~~2 3Fixed ~~Month~~1010350130 ~~Average~~Loan ~~0.000%~~Paid 3in ~~Month~~Full ~~Average~~ 0~~.000%~~ ~~3 Month Average 0~~11.~~000~~650% 12360 ~~Month~~10 ~~Average~~Loan ~~0.000%~~Group 122 ~~Month~~Fixed ~~Average~~1010448321 ~~0.000%~~Loan 12Paid ~~Month~~in ~~Average~~Full 0 9.~~000~~815% ~~CPR:~~360 ~~Current~~10 ~~vs.~~Loan ~~12mo~~Group Average*2 ~~PSA:~~Fixed ~~Current~~1010682825 ~~vs.~~Liquidation ~~12mo~~4 ~~Average* Month Current 12mo Avg~~11.500% ~~Month~~360 ~~Current~~10 ~~12mo~~Loan ~~Avg.~~Group ~~Jun-2006~~2 ~~N/A~~Fixed ~~N/A~~1010771006 ~~Jun-2006~~Loan ~~N/A~~Paid ~~N/A~~in ~~Jul-2006~~Full ~~N/A~~0 N/A Jul-2006 N/A N/A Aug-2006 N/A N/A Aug-2006 N/A N/A Sep-2006 N/A N/A Sep-2006 N/A N/A Oct-2006 N/A N/A Oct-2006 N/A N/A Nov-2006 N/A N/A Nov-2006 N/A N/A Dec-2006 N/A N/A Dec-2006 N/A N/A Jan-2007 N/A N/A Jan-2007 N/A N/A Feb-2007 N/A N/A Feb-2007 N/A N/A Mar-2007 N/A N/A Mar-2007 N/A N/A Apr-2007 N/A N/A Apr-2007 N/A N/A May-2007 1011.~~346~~700% ~~N/A~~360 ~~May-2007~~9 ~~1,083.542%~~Loan ~~N/A~~Group *The2 ~~text~~Fixed ~~reported~~1010929132 inLoan ~~the~~Paid ~~above table is presented *The text reported~~ in ~~the~~Full ~~above~~0 ~~table is presented graphically on the monthly bond remittance report~~6.250% ~~The~~360 ~~graphically~~9 onLoan ~~the~~Group ~~monthly~~2 ~~bond~~Fixed ~~remittance~~1011020673 ~~report.~~Loan ~~The~~Paid ~~monthly~~in ~~bond~~Full ~~remittance~~0 ~~report can be viewed online at monthly bond remittance report can be viewed online at www~~6.~~ctslink.com.~~990% ~~www.ctslink.com.~~360 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))9

Prepayment Rates

Repurchases ~~Current~~Due to Breaches Beginning Loan Scheduled Payoff Current Current Number Balance Balance Rate Payment No Repurchases Due to Breaches this Period

~~Breaches~~Repurchases ~~Current~~Due to Other Beginning Loan Scheduled Payoff Current Current Number Balance Balance Rate Payment No ~~Breaches~~Repurchases Due to Other this Period

Interest Rate Stratification Summary Loan Group 1 ARM 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 5753 1918,~~912~~786,~~394~~148.5089 1.~~870~~866 6 1,~~333~~330,~~023~~202.7941 1.~~471~~578 6.000 6.499 ~~175~~167 5149,~~329~~112,~~590~~432.2797 4.~~819~~877 1411 32,~~329~~806,~~946~~814.4534 3.~~674~~330 6.500 6.999 ~~390~~376 ~~113~~109,~~043~~522,~~804~~943.0713 10.~~614~~877 2926 65,~~174~~763,~~776~~101.9315 6.~~813~~837 7.000 7.499 ~~589~~559 ~~156~~149,~~490~~670,~~339~~514.1182 14.~~693~~864 6056 1211,~~837~~882,~~288~~997.6805 14.~~165~~098 7.500 7.999 ~~778~~738 ~~190~~181,~~626~~051,~~801~~767.7328 17.~~898~~981 7772 1514,~~284~~266,~~343~~791.4675 16.~~865~~926 8.000 8.499 ~~665~~632 ~~136~~127,~~333~~784,~~754~~579.3083 12.~~800~~691 7568 1413,~~727~~593,~~161~~187.4043 16.~~250~~127 8.500 8.999 ~~760~~704 ~~146~~135,~~759~~007,~~539~~784.1184 13.~~779~~408 8478 1312,~~692~~636,~~821~~398.3655 1514.~~109~~992 9.000 9.499 ~~512~~484 8782,~~214~~709,~~706~~524.9080 8.~~189~~214 7572 11,~~705~~178,~~675~~380.3845 1213.~~916~~262 9.500 9.999 ~~592~~573 7167,~~581~~770,~~392~~103.3114 6.~~721~~730 4645 6,~~317~~159,~~330~~740.9614 67.~~971~~308 10.000 10.499 ~~298~~287 3332,~~830~~003,~~539~~780.7742 3.~~176~~178 2421 3,~~592~~106,~~784~~747.9890 3.~~964~~686 10.500 10.999 ~~271~~252 2522,~~083~~467,~~358~~952.7294 2.~~355~~231 1211 1,~~105~~046,~~207~~604.3884 1.~~219~~242 11.000 11.499 ~~219~~209 1514,~~757~~648,~~328~~774.1870 1.~~479~~455 3 379,~~239~~027.1782 0.~~418~~450 11.500 11.999 ~~208~~199 12,~~525~~076,~~875~~329.4714 1.~~176~~199 2 ~~148~~138,~~853~~309.6329 0.164 12.000 12.499 6259 3,~~505~~246,~~362~~567.1734 0.~~329~~322 0 0.00 0.000 12.500 12.999 16 968,~~916~~031.3309 0.~~091~~096 0 0.00 0.000 13.000 13.499 43 9268,~~343~~314.3524 0.~~009~~007 0 0.00 0.000 13.500 13.999 0 0.00 0.000 0 0.00 0.000 14.000 14.499 1 23,~~165~~144.1914 0.002 0 0.00 0.000 >= 14.750 0 0.00 0.000 0 0.00 0.000 Total 5,~~597~~312 1,~~065~~006,~~079~~918,~~211~~693.4871 100.000 ~~507~~471 9084,~~628~~288,~~453~~303.5712 100.000

Interest Rate Stratification (continued) Loan Group 1 Fixed Loan Group 2 ARM 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 0 0.00 0.000 5147 1817,~~579~~455,~~370~~946.7148 2.~~465~~453 6.000 6.499 21 4,~~224~~206,~~738~~628.3708 11.~~455~~885 9086 2927,~~322~~938,~~164~~710.7827 3.~~891~~926 6.500 6.999 2019 4,~~281~~152,~~707~~973.3100 11.~~609~~733 ~~266~~259 8381,~~544~~685,~~917~~142.7167 11.~~086~~480 7.000 7.499 31 5,~~170~~149,~~918~~273.5274 14.~~020~~548 ~~408~~390 ~~119~~114,~~515~~972,~~088~~425.8274 1516.~~859~~158 7.500 7.999 2826 4,~~563~~196,~~420~~843.2106 1211.~~373~~857 ~~556~~529 ~~145~~138,~~084~~054,~~556~~453.3254 19.~~251~~402 8.000 8.499 41 5,~~855~~839,~~255~~156.6921 1516.~~876~~497 ~~448~~424 ~~101~~94,~~431~~606,~~638~~474.6183 13.~~459~~296 8.500 8.999 3332 3,~~856~~658,~~478~~447.3653 10.~~456~~336 ~~518~~478 ~~112~~103,~~611~~042,~~339~~491.6880 14.~~943~~481 9.000 9.499 1715 21,~~249~~958,~~580~~924.9526 65.~~099~~534 ~~338~~316 6460,~~568~~995,~~149~~642.9250 8.~~568~~572 9.500 9.999 2321 21,~~327~~976,~~463~~593.9270 65.~~311~~584 ~~286~~274 4745,~~835~~152,~~005~~648.5256 6.~~347~~346 10.000 10.499 15 1,~~514~~510,~~965~~757.0818 4.~~108~~268 ~~121~~115 1816,~~002~~833,~~222~~619.7754 2.~~389~~366 10.500 10.999 14 ~~888~~886,~~949~~254.4929 2.~~410~~504 7160 108,~~552~~599,~~541~~366.9890 1.~~400~~209 11.000 11.499 14 ~~643~~641,~~059~~859.9473 1.~~744~~813 1513 21,~~039~~764,~~465~~205.2797 0.~~271~~248 11.500 11.999 2018 ~~972~~885,~~227~~655.3411 2.~~636~~502 54 ~~341~~261,~~485~~154.2120 0.~~045~~037 12.000 12.499 8 332,~~896~~387.3459 0.~~903~~939 2 201,~~366~~227.6085 0.~~027~~028 12.500 12.999 0 0.00 0.000 0 0.00 0.000 13.000 13.499 0 0.00 0.000 0 0.00 0.000 13.500 13.999 0 0.00 0.000 0 0.00 0.000 14.000 14.499 0 0.00 0.000 0 0.00 0.000 >= 14.750 0 0.00 0.000 0 0.00 0.000 Total ~~285~~275 3635,~~881~~395,~~661~~753.5248 100.000 32,~~175~~997 ~~753~~711,~~629~~563,~~313~~510.9085 100.000

Interest Rate Stratification (continued) Loan Group 2 Fixed Current Number of Outstanding Percentage of Interest Rate Loans Scheduled Balance(%) Range(%) Balance($) < 5.500 0 0.00 0.000 5.500 5.999 0 0.00 0.000 6.000 6.499 5049 14,~~452~~160,~~740~~280.6728 78.~~857~~061 6.500 6.999 7572 1917,~~042~~921,~~402~~726.1231 10.~~353~~202 7.000 7.499 9082 1817,~~967~~665,~~043~~818.0929 10.~~312~~056 7.500 7.999 ~~117~~111 2524,~~694~~533,~~481~~678.7493 13.~~969~~966 8.000 8.499 ~~101~~99 1413,~~319~~745,~~698~~761.6036 7.~~785~~825 8.500 8.999 ~~125~~116 1615,~~598~~670,~~899~~446.7196 98.~~024~~920 9.000 9.499 8281 8,~~691~~576,~~300~~577.6559 4.~~725~~882 9.500 9.999 ~~237~~233 1514,~~101~~481,~~591~~120.9174 8.~~210~~243 10.000 10.499 ~~138~~136 10,~~720~~552,~~566~~655.9480 56.~~828~~007 10.500 10.999 ~~174~~167 1211,~~536~~935,~~659~~726.8791 6.~~816~~794 11.000 11.499 ~~187~~179 1211,~~695~~863,~~563~~681.8018 6.~~902~~753 11.500 11.999 ~~181~~175 1110,~~063~~791,~~309~~210.2954 6.~~015~~143 12.000 12.499 5249 2,~~971~~712,~~099~~951.2390 1.~~615~~544 12.500 12.999 16 968,~~916~~031.3309 0.~~527~~551 13.000 13.499 43 9268,~~343~~314.3524 0.~~050~~039 13.500 13.999 0 0.00 0.000 14.000 14.499 1 23,~~165~~144.1914 0.013 >= 14.750 0 0.00 0.000 Total 1,~~630~~569 ~~183~~175,~~939~~671,~~782~~126.4926 100.000

Filing Compare · Morgan Stanley ABS Capital I Inc. Trust 2007-NC2