10-D 1 msi07he5_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: 333-130694-25 Morgan Stanley ABS Capital I Inc. Trust 2007-HE5 (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) 54-2199368 54-2199369 54-2199370 54-2199371 54-2199372 54-6744160 (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-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___ ____________ P _____ _____ __X___ ____________ RX _____ _____ __X___ ____________

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes __X__ No ____ Part I - DISTRIBUTION INFORMATION Item 1. Distribution and Pool Performance Information On October 25, 2007 a distribution was made to holders of Morgan Stanley ABS Capital I Inc. Trust 2007-HE5. 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-HE5, 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-HE5 (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-HE5, 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-HE5 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 61753KAA4 0510/24/2007 5.~~53500~~34625% ~~119~~111,~~919~~206,~~000~~212.0019 ~~534~~495,~~688~~446.84 A-2a 61753KAB2 0510/24/2007 5.~~43000~~24125% ~~408~~359,~~820~~825,~~000~~689.0040 1,~~788~~571,~~246~~613.8266 A-2b 61753KAC0 0510/24/2007 5.~~50000~~31125% 122,420,000.00 ~~542~~541,~~388~~836.6102 A-2c 61753KAD8 0510/24/2007 5.~~57000~~38125% 169,910,000.00 ~~762~~761,~~376~~940.7316 A-2d 61753KAE6 0510/24/2007 5.~~66000~~47125% 103,826,000.00 473,~~388~~381.8867 M-1 61753KAF3 0510/24/2007 5.~~74000~~55125% 40,290,000.00 186,~~296~~383.4822 M-2 61753KAG1 0510/24/2007 5.~~79000~~60125% 36,735,000.00 171,~~338~~468.1627 M-3 61753KAH9 0510/24/2007 5.~~97000~~78125% 23,108,000.00 111,~~130~~327.2260 M-4 61753KAJ5 0510/24/2007 6.~~47000~~28125% 20,145,000.00 ~~104~~105,~~994~~446.6248 M-5 61753KAK2 0510/24/2007 6.~~82000~~63125% 19,553,000.00 ~~107~~108,~~422~~050.0169 M-6 61753KAL0 0510/24/2007 7.~~22000~~03125% 18,368,000.00 ~~106~~107,~~830~~625.3300 B-1 61753KAM8 0510/24/2007 7.~~32000~~13125% 17,775,000.00 ~~104~~105,~~813~~631.2564 B-2 61753KAN6 0510/24/2007 7.~~32000~~13125% 16,590,000.00 9798,~~825~~589.7053 B-3 61753KAP1 0510/24/2007 7.~~32000~~13125% 14,813,000.00 8788,~~347~~029.3234 X MORGAN07H5X 0409/3028/2007 0.00000% 52,~~735~~732,~~113~~816.4455 21,~~191~~737,~~420~~342.2197 R MORGAN07H5R 0409/3028/2007 0.00000% 0.00 0.00 RX MORGAN07H5RX 0409/3028/2007 0.00000% 0.00 0.00 P MORGAN07H5P 0409/3028/2007 0.00000% 0.00 ~~142~~30,~~804~~081.2124 Totals 1,~~185~~127,~~007~~297,~~113~~718.4414 76,~~513~~694,~~312~~194.3933

Certificateholder Distribution Summary (continued) Class Principal Current Ending Total Cumulative Distribution Realized Certificate Distribution Realized Loss Balance Losses A-1 1951,~~511,167~~696.2557 0.00 ~~118~~110,~~407~~254,~~832~~515.7562 21,~~045~~447,~~856~~143.0941 0.00 A-2a 95,~~082~~991,~~673~~671.7627 0.00 ~~399~~353,~~737~~834,~~326~~018.2412 107,~~870~~563,~~920~~284.5893 0.00 A-2b 0.00 0.00 122,420,000.00 ~~542~~541,~~388~~836.6102 0.00 A-2c 0.00 0.00 169,910,000.00 ~~762~~761,~~376~~940.7316 0.00 A-2d 0.00 0.00 103,826,000.00 473,~~388~~381.8867 0.00 M-1 0.00 0.00 40,290,000.00 186,~~296~~383.4822 0.00 M-2 0.00 0.00 36,735,000.00 171,~~338~~468.1627 0.00 M-3 0.00 0.00 23,108,000.00 111,~~130~~327.2260 0.00 M-4 0.00 0.00 20,145,000.00 ~~104~~105,~~994~~446.6248 0.00 M-5 0.00 0.00 19,553,000.00 ~~107~~108,~~422~~050.0169 0.00 M-6 0.00 0.00 18,368,000.00 ~~106~~107,~~830~~625.3300 0.00 B-1 0.00 0.00 17,775,000.00 ~~104~~105,~~813~~631.2564 0.00 B-2 0.00 0.00 16,590,000.00 9798,~~825~~589.7053 0.00 B-3 0.00 0.00 14,813,000.00 8788,~~347~~029.3234 0.00 X 0.00 0.00 52,732,816.55 21,~~191~~737,~~420~~342.2197 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 ~~142~~30,~~804~~081.2124 0.00 Totals 106,~~593~~943,~~841~~367.0184 0.00 1,~~174~~120,~~410~~354,~~975~~350.5429 1813,~~107~~637,~~153~~562.4017 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-1 119,919,000.00 ~~119~~111,~~919~~206,~~000~~212.0019 0.00 1951,~~511,167~~696.2557 0.00 A-2a 408,820,000.00 ~~408~~359,~~820~~825,~~000~~689.0040 0.00 95,~~082~~991,~~673~~671.7627 0.00 A-2b 122,420,000.00 122,420,000.00 0.00 0.00 0.00 A-2c 169,910,000.00 169,910,000.00 0.00 0.00 0.00 A-2d 103,826,000.00 103,826,000.00 0.00 0.00 0.00 M-1 40,290,000.00 40,290,000.00 0.00 0.00 0.00 M-2 36,735,000.00 36,735,000.00 0.00 0.00 0.00 M-3 23,108,000.00 23,108,000.00 0.00 0.00 0.00 M-4 20,145,000.00 20,145,000.00 0.00 0.00 0.00 M-5 19,553,000.00 19,553,000.00 0.00 0.00 0.00 M-6 18,368,000.00 18,368,000.00 0.00 0.00 0.00 B-1 17,775,000.00 17,775,000.00 0.00 0.00 0.00 B-2 16,590,000.00 16,590,000.00 0.00 0.00 0.00 B-3 14,813,000.00 14,813,000.00 0.00 0.00 0.00 X 52,735,113.44 52,~~735~~732,~~113~~816.4455 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 1,185,007,113.44 1,~~185~~127,~~007~~297,~~113~~718.4414 0.00 106,~~593~~943,~~841~~367.0184 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 1951,~~511,167~~696.2557 ~~118~~110,~~407~~254,~~832~~515.7562 0.~~98739843~~91940823 1951,~~511,167~~696.2557 A-2a 0.00 95,~~082~~991,~~673~~671.7627 ~~399~~353,~~737~~834,~~326~~018.2412 0.~~97778320~~86550075 95,~~082~~991,~~673~~671.7627 A-2b 0.00 0.00 122,420,000.00 1.00000000 0.00 A-2c 0.00 0.00 169,910,000.00 1.00000000 0.00 A-2d 0.00 0.00 103,826,000.00 1.00000000 0.00 M-1 0.00 0.00 40,290,000.00 1.00000000 0.00 M-2 0.00 0.00 36,735,000.00 1.00000000 0.00 M-3 0.00 0.00 23,108,000.00 1.00000000 0.00 M-4 0.00 0.00 20,145,000.00 1.00000000 0.00 M-5 0.00 0.00 19,553,000.00 1.00000000 0.00 M-6 0.00 0.00 18,368,000.00 1.00000000 0.00 B-1 0.00 0.00 17,775,000.00 1.00000000 0.00 B-2 0.00 0.00 16,590,000.00 1.00000000 0.00 B-3 0.00 0.00 14,813,000.00 1.00000000 0.00 X 0.00 0.00 52,732,816.55 0.99995644 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 $0.00 106,~~593~~943,~~841~~367.0184 1,~~174~~120,~~410~~354,~~975~~350.5429 0.~~99105817~~94544103 106,~~593~~943,~~841~~367.0184

Principal Distribution Factors Statement Class Original Beginning Scheduled UnScheduled Accretion Face Certificate Principal Principal Amount Balance Distribution Distribution A-1 119,919,000.00 ~~1000~~927.~~00000000~~34439238 0.00000000 127.~~60156647~~93616166 0.00000000 A-2a 408,820,000.00 ~~1000~~880.~~00000000~~15676679 0.00000000 2214.~~21680387~~65601309 0.00000000 A-2b 122,420,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-2c 169,910,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-2d 103,826,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-1 40,290,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-2 36,735,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-3 23,108,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-4 20,145,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-5 19,553,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-6 18,368,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-1 17,775,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-2 16,590,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-3 14,813,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 X 52,735,113.44 ~~1000~~999.~~00000000~~95644477 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 127.~~60156647~~93616166 ~~987~~919.~~39843353~~40823072 0.~~98739843~~91940823 127.~~60156647~~93616166 A-2a 0.00000000 2214.~~21680387~~65601309 ~~977~~865.~~78319613~~50075368 0.~~97778320~~86550075 2214.~~21680387~~65601309 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 999.95644477 0.99995644 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 0409/2625/07 - 0510/24/07 2930 5.~~53500~~34625% ~~119~~111,~~919~~206,~~000~~212.0019 ~~534~~495,~~688~~446.84 0.00 A-2a 0409/2625/07 - 0510/24/07 2930 5.~~43000~~24125% ~~408~~359,~~820~~825,~~000~~689.0040 1,~~788~~571,~~246~~613.8266 0.00 A-2b 0409/2625/07 - 0510/24/07 2930 5.~~50000~~31125% 122,420,000.00 ~~542~~541,~~388~~836.6102 0.00 A-2c 0409/2625/07 - 0510/24/07 2930 5.~~57000~~38125% 169,910,000.00 ~~762~~761,~~376~~940.7316 0.00 A-2d 0409/2625/07 - 0510/24/07 2930 5.~~66000~~47125% 103,826,000.00 473,~~388~~381.8867 0.00 M-1 0409/2625/07 - 0510/24/07 2930 5.~~74000~~55125% 40,290,000.00 186,~~296~~383.4822 0.00 M-2 0409/2625/07 - 0510/24/07 2930 5.~~79000~~60125% 36,735,000.00 171,~~338~~468.1627 0.00 M-3 0409/2625/07 - 0510/24/07 2930 5.~~97000~~78125% 23,108,000.00 111,~~130~~327.2260 0.00 M-4 0409/2625/07 - 0510/24/07 2930 6.~~47000~~28125% 20,145,000.00 ~~104~~105,~~994~~446.6248 0.00 M-5 0409/2625/07 - 0510/24/07 2930 6.~~82000~~63125% 19,553,000.00 ~~107~~108,~~422~~050.0169 0.00 M-6 0409/2625/07 - 0510/24/07 2930 7.~~22000~~03125% 18,368,000.00 ~~106~~107,~~830~~625.3300 0.00 B-1 0409/2625/07 - 0510/24/07 2930 7.~~32000~~13125% 17,775,000.00 ~~104~~105,~~813~~631.2564 0.00 B-2 0409/2625/07 - 0510/24/07 2930 7.~~32000~~13125% 16,590,000.00 9798,~~825~~589.7053 0.00 B-3 0409/2625/07 - 0510/24/07 2930 7.~~32000~~13125% 14,813,000.00 8788,~~347~~029.3234 0.00 X N/A N/A 0.00000% 52,~~735~~732,~~113~~816.4455 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 54,~~179~~926,~~087~~770.9712 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 ~~534~~495,~~688~~446.84 0.00 ~~118~~110,~~407~~254,~~832~~515.7562 A-2a 0.00 0.00 1,~~788~~571,~~246~~613.8266 0.00 ~~399~~353,~~737~~834,~~326~~018.2412 A-2b 0.00 0.00 ~~542~~541,~~388~~836.6102 0.00 122,420,000.00 A-2c 0.00 0.00 ~~762~~761,~~376~~940.7316 0.00 169,910,000.00 A-2d 0.00 0.00 473,~~388~~381.8867 0.00 103,826,000.00 M-1 0.00 0.00 186,~~296~~383.4822 0.00 40,290,000.00 M-2 0.00 0.00 171,~~338~~468.1627 0.00 36,735,000.00 M-3 0.00 0.00 111,~~130~~327.2260 0.00 23,108,000.00 M-4 0.00 0.00 ~~104~~105,~~994~~446.6248 0.00 20,145,000.00 M-5 0.00 0.00 ~~107~~108,~~422~~050.0169 0.00 19,553,000.00 M-6 0.00 0.00 ~~106~~107,~~830~~625.3300 0.00 18,368,000.00 B-1 0.00 0.00 ~~104~~105,~~813~~631.2564 0.00 17,775,000.00 B-2 0.00 0.00 9798,~~825~~589.7053 0.00 16,590,000.00 B-3 0.00 0.00 8788,~~347~~029.3234 0.00 14,813,000.00 X 0.00 0.00 21,~~191~~737,~~420~~342.2197 0.00 52,732,816.55 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 ~~142~~30,~~804~~081.2124 0.00 0.00 Totals 0.00 0.00 76,~~513~~694,~~312~~194.3933 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-1 119,919,000.00 5.~~53500~~34625% ~~1000~~927.~~00000000~~34439238 4.~~45874999~~13151244 0.00000000 A-2a 408,820,000.00 5.~~43000~~24125% ~~1000~~880.~~00000000~~15676679 43.~~37416667~~84426804 0.00000000 A-2b 122,420,000.00 5.~~50000~~31125% 1000.00000000 4.~~43055555~~42604166 0.00000000 A-2c 169,910,000.00 5.~~57000~~38125% 1000.00000000 4.~~48694444~~48437502 0.00000000 A-2d 103,826,000.00 5.~~66000~~47125% 1000.00000000 4.~~55944446~~55937501 0.00000000 M-1 40,290,000.00 5.~~74000~~55125% 1000.00000000 4.~~62388881~~62604170 0.00000000 M-2 36,735,000.00 5.~~79000~~60125% 1000.00000000 4.~~66416660~~66770845 0.00000000 M-3 23,108,000.00 5.~~97000~~78125% 1000.00000000 4.~~80916652~~81770815 0.00000000 M-4 20,145,000.00 6.~~47000~~28125% 1000.00000000 5.~~21194440~~23437478 0.00000000 M-5 19,553,000.00 6.~~82000~~63125% 1000.00000000 5.~~49388892~~52604153 0.00000000 M-6 18,368,000.00 7.~~22000~~03125% 1000.00000000 5.~~81611117~~85937500 0.00000000 B-1 17,775,000.00 7.~~32000~~13125% 1000.00000000 5.~~89666667~~94270830 0.00000000 B-2 16,590,000.00 7.~~32000~~13125% 1000.00000000 5.~~89666667~~94270826 0.00000000 B-3 14,813,000.00 7.~~32000~~13125% 1000.00000000 5.~~89666644~~94270843 0.00000000 X 52,735,113.44 0.00000% ~~1000~~999.~~00000000~~95644477 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 4.~~45874999~~13151244 0.00000000 ~~987~~919.~~39843353~~40823072 A-2a 0.00000000 0.00000000 43.~~37416667~~84426804 0.00000000 ~~977~~865.~~78319613~~50075368 A-2b 0.00000000 0.00000000 4.~~43055555~~42604166 0.00000000 1000.00000000 A-2c 0.00000000 0.00000000 4.~~48694444~~48437502 0.00000000 1000.00000000 A-2d 0.00000000 0.00000000 4.~~55944446~~55937501 0.00000000 1000.00000000 M-1 0.00000000 0.00000000 4.~~62388881~~62604170 0.00000000 1000.00000000 M-2 0.00000000 0.00000000 4.~~66416660~~66770845 0.00000000 1000.00000000 M-3 0.00000000 0.00000000 4.~~80916652~~81770815 0.00000000 1000.00000000 M-4 0.00000000 0.00000000 5.~~21194440~~23437478 0.00000000 1000.00000000 M-5 0.00000000 0.00000000 5.~~49388892~~52604153 0.00000000 1000.00000000 M-6 0.00000000 0.00000000 5.~~81611117~~85937500 0.00000000 1000.00000000 B-1 0.00000000 0.00000000 5.~~89666667~~94270830 0.00000000 1000.00000000 B-2 0.00000000 0.00000000 5.~~89666667~~94270826 0.00000000 1000.00000000 B-3 0.00000000 0.00000000 5.~~89666644~~94270843 0.00000000 1000.00000000 X 0.00000000 0.00000000 4132.~~55523838~~94470907 0.00000000 999.95644477 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 1713,~~334~~808,~~970~~843.7743 Reserve Funds and Credit Enhancements 0.00 Proceeds from Repurchased Loans 0570,722.0054 Servicer Advances ~~1,133,005~~0.9300 Gains & Subsequent Recoveries (Realized Losses) 0(292,983.0050) Prepayment Penalties ~~142~~30,~~804~~081.2124 Swap/Cap Payments 0.00 Total Deposits 1814,~~610~~116,~~780~~663.9171 Withdrawals Swap Payments 0.00 Reserve Funds and Credit Enhancements 0.00 Total Administration Fees ~~503~~479,~~627~~101.5154 Payment of Interest and Principal 1813,~~107~~637,~~153~~562.4017 Total Withdrawals (Pool Distribution Amount) 1814,~~610~~116,~~780~~663.9171 Ending Balance 0.00 Servicer Advances are calculated as delinquent scheduled principal and interest.

ADMINISTRATION FEES Gross Servicing Fee* ~~493~~469,~~752~~707.4539 Master Servicing Fee - Wells Fargo Bank, N.A. 9,~~875~~394.0615 Supported Prepayment/Curtailment Interest Shortfall 0.00 Total Administration Fees ~~503~~479,~~627~~101.5154 *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 Reserve Account 0.00 0.00 0.00 0.00 Closing Date Deposit ~~1,272~~0.0300 ~~1,272~~0.0300 0.00 0.00 Excess Reserve Fund Account 0.00 0.00 0.00 0.00 SWAP Reserve Account 0.00 0.00 0.00 0.00 Hedge Funds Account Name Funds In (A) Funds Out(B) Net Amount(A - B) CAP Acct - Morgan Stanley Capital Services Inc. 0.00 0.00 0.00 SWAP Acct - Morgan Stanley Capital Services Inc. 0.00 0.00 0.00

Collateral Statement Group Loan Group I Loan Group II Collateral Description Fixed 15/30 & ARM Fixed 15/30 & ARM Weighted Average Coupon Rate 7.~~968242~~952084 7.~~971920~~948461 Weighted Average Net Rate 7.~~468242~~452084 7.~~471920~~448461 Weighted Average Pass-Through Rate 7.~~458242~~442084 7.~~461920~~438461 Weighted Average Remaining Term ~~356~~351 ~~356~~351 Principal And Interest Constant 1,~~068~~007,~~298~~421.1983 76,~~238~~887,~~167~~504.3851 Beginning Loan Count ~~799~~760 54,~~019~~800 Loans Paid in Full 65 3731 Ending Loan Count ~~793~~755 4,~~982~~769 Beginning Scheduled Balance ~~153~~144,~~644~~931,~~239~~284.0304 1982,~~031~~366,~~361,602~~434.3809 Ending Scheduled Balance ~~152~~144,~~132~~018,~~904~~523.6027 1976,~~022~~335,~~278,070~~827.9302 Actual Ending Collateral Balance ~~152~~144,~~181~~090,~~871~~144.0903 1976,~~022~~912,~~636,704~~464.5922 Scheduled Principal 4847,~~069~~000.4339 ~~386~~380,~~557~~586.2656 Unscheduled Principal 1865,~~463,265~~760.0038 85,~~696~~650,~~974~~020.1951 Negative Amortized Principal 0.00 0.00 Scheduled Interest 1960,~~020,228~~421.7644 6,~~851~~506,~~610~~917.1295 Servicing Fees 6460,~~018~~388.4404 ~~429~~409,~~734~~319.0135 Master Servicing Fees 1,~~280~~207.3876 8,~~594~~186.6839 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 ~~954~~898,~~929~~825.9464 6,~~413~~089,~~281~~412.4321 Realized Loss Amount 0.00 0292,983.0050 Cumulative Realized Loss 0.00 0292,983.0050 Percentage of Cumulative Losses 0.0000 0.~~0000~~0284 Prepayment Penalty Waived Amount 0.00 0.00 Prepayment Penalty Waived Count 0 0 Prepayment Penalty Paid Amount 179,~~642~~414.6319 ~~125~~20,~~161~~667.5805 Prepayment Penalty Paid Count 32 165 Special Servicing Fee 0.00 0.00

Collateral Statement Group Total Collateral Description Mixed Fixed & Arm Weighted Average Coupon Rate 7.~~971443~~948927 Weighted Average Net Rate 7.~~471444~~448927 Weighted Average Pass-Through Rate 7.~~461443~~438927 Weighted Average Remaining Term ~~356~~351 Principal And Interest Constant 87,~~306~~894,~~465~~926.5734 Beginning Loan Count 5,~~818~~560 Loans Paid in Full 4336 Ending Loan Count 5,~~775~~524 Beginning Scheduled Balance 1,~~185~~127,~~005~~297,~~841~~718.4113 Ending Scheduled Balance 1,~~174~~120,~~410~~354,~~975~~350.5329 Actual Ending Collateral Balance 1,~~174~~121,~~818~~002,~~575~~608.6825 Scheduled Principal ~~434~~427,~~626~~586.6995 Unscheduled Principal 106,~~160~~515,~~239~~780.1989 Negative Amortized Principal 0.00 Scheduled Interest 7,~~871~~467,~~838~~339.8839 Servicing Fees ~~493~~469,~~752~~707.4539 Master Servicing Fees 9,~~875~~394.0615 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,~~368~~988,~~211~~237.3785 Realized Loss Amount 0292,983.0050 Cumulative Realized Loss 0292,983.0050 Percentage of Cumulative Losses 0.~~0000~~0247 Prepayment Penalty Waived Amount 0.00 Prepayment Penalty Waived Count 0 Prepayment Penalty Paid Amount ~~142~~30,~~804~~081.2124 Prepayment Penalty Paid Count 197 Special Servicing Fee 0.00

Collateral Statement By Subgroup Group Pool I(A) Pool I(B) Collateral Description Fixed 15/30 & ARM Fixed 15/30 & ARM Weighted Average Coupon Rate 8.~~905540~~901708 6.~~390506~~341831 Weighted Average Net Rate 8.~~405540~~401707 5.~~890505~~841831 Weighted Average Pass-Through Rate 8.~~395540~~391708 5.~~880506~~831831 Weighted Average Remaining Term ~~352~~347 ~~355~~350 Principal And Interest Constant ~~173~~167,~~973~~460.2956 5047,~~775~~572.8359 Beginning Loan Count ~~193~~187 3533 Loans Paid in Full 01 01 Ending Loan Count ~~193~~186 3532 Beginning Scheduled Balance 21,~~977~~090,~~558~~686.9406 98,~~298~~759,~~214~~138.4742 Ending Scheduled Balance 21,~~967~~016,~~580~~837.6949 98,~~296~~512,~~798~~625.2497 Actual Ending Collateral Balance 21,~~975~~031,~~284~~881.8089 98,~~298~~513,~~176~~830.3638 Scheduled Principal 1011,~~871~~007.5996 1,~~258~~281.9278 Unscheduled Principal ~~(893~~62,840.~~34)~~61 ~~157~~245,230.3167 Negative Amortized Principal 0.00 0.00 Scheduled Interest ~~163~~156,~~101~~452.7060 4946,~~516~~290.9181 Servicing Fees 98,~~157~~787.3279 3,~~874~~649.2664 Master Servicing Fees ~~183~~175.1576 7772.4999 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 ~~153~~147,~~761~~489.2305 4542,~~565~~568.1618 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 0.00 06,762.0075 Prepayment Penalty Paid Count 0 01 Special Servicing Fee 0.00 0.00

Collateral Statement By Subgroup Group Pool I(C) Pool II(A) Collateral Description Fixed 15/30 & ARM Fixed 15/30 & ARM Weighted Average Coupon Rate 7.~~919787~~900609 9.~~031909~~014486 Weighted Average Net Rate 7.~~419787~~400609 8.~~531909~~514486 Weighted Average Pass-Through Rate 7.~~409787~~390609 8.~~521909~~504486 Weighted Average Remaining Term ~~355~~350 ~~349~~344 Principal And Interest Constant ~~843~~792,~~549~~388.0768 1,~~337~~285,~~365~~253.8373 Beginning Loan Count ~~571~~540 1,~~423~~366 Loans Paid in Full 63 912 Ending Loan Count ~~565~~537 1,~~414~~354 Beginning Scheduled Balance ~~122~~115,~~368~~081,~~465~~459.6256 ~~165~~159,~~794~~270,~~484~~643.9210 Ending Scheduled Balance ~~120~~114,~~868~~489,~~525~~059.6781 ~~164~~158,~~910~~068,~~670~~445.8114 Actual Ending Collateral Balance ~~120~~114,~~908~~544,~~409~~431.9376 ~~164~~158,~~990~~181,~~521~~571.8366 Scheduled Principal 3534,~~938~~710.9265 8988,~~498~~801.5120 Unscheduled Principal 557,689.10 1,~~464~~113,~~001~~396.0376 ~~794,315~~Negative Amortized Principal 0.6000 0.00 Scheduled Interest ~~807~~757,~~610~~678.1503 1,~~247~~196,~~867~~452.3253 Servicing Fees 5047,~~986~~950.8661 6966,~~081~~362.0477 Master Servicing Fees ~~1,019~~959.7401 1,~~381~~327.6226 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 ~~755~~708,~~603~~768.5541 1,~~177~~128,~~404~~762.6650 Realized Loss Amount 0.00 0165,988.0089 Cumulative Realized Loss 0.00 0165,988.0089 Percentage of Cumulative Losses 0.0000 0.~~0000~~1001 Prepayment Penalty Waived Amount 0.00 0.00 Prepayment Penalty Waived Count 0 0 Prepayment Penalty Paid Amount 172,~~642~~651.6344 63,~~188~~315.0734 Prepayment Penalty Paid Count 31 31 Special Servicing Fee 0.00 0.00

Collateral Statement By Subgroup Group Pool II(B) Pool II(C) Collateral Description Fixed 15/30 & ARM Fixed 15/30 & ARM Weighted Average Coupon Rate 6.~~307677~~303743 7.~~804728~~777579 Weighted Average Net Rate 5.~~807677~~803743 7.~~304728~~277579 Weighted Average Pass-Through Rate 5.~~797677~~793743 7.~~294728~~267579 Weighted Average Remaining Term ~~355~~350 ~~355~~350 Principal And Interest Constant ~~112~~107,~~982~~697.1224 5,~~787~~494,~~819~~553.4354 Beginning Loan Count 5451 3,~~542~~383 Loans Paid in Full 1 2718 Ending Loan Count 5350 3,~~515~~365 Beginning Scheduled Balance 2019,~~723~~767,~~947~~524.5453 ~~844~~803,~~843~~328,~~169~~266.9246 Ending Scheduled Balance 2019,~~291~~534,~~840~~515.8783 ~~837~~798,~~075~~732,~~559~~866.2505 Actual Ending Collateral Balance 2019,~~299~~542,~~376~~082.0115 ~~837~~799,~~346~~188,~~806~~810.7541 Scheduled Principal 43,~~048~~856.8107 ~~293~~287,~~009~~929.9429 Unscheduled Principal ~~428~~229,~~057~~152.8663 74,~~474~~307,~~600~~471.7312 Negative Amortized Principal 0.00 0.00 Scheduled Interest ~~108~~103,~~933~~841.3117 5,~~494~~206,~~809~~624.4925 Servicing Fees 8,~~634~~236.9847 ~~352~~334,~~017~~720.9911 Master Servicing Fees ~~172~~164.7073 76,~~040~~694.3640 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 ~~100~~95,~~125~~439.6397 54,~~135~~865,~~751~~209.1474 Realized Loss Amount 0.00 0126,994.0061 Cumulative Realized Loss 0.00 0126,994.0061 Percentage of Cumulative Losses 0.0000 0.~~0000~~0150 Prepayment Penalty Waived Amount 0.00 0.00 Prepayment Penalty Waived Count 0 0 Prepayment Penalty Paid Amount ~~10,478~~0.8100 ~~108~~17,~~494~~351.7071 Prepayment Penalty Paid Count 10 124 Special Servicing Fee 0.00 0.00

Additional Reporting - Deal Level Informational Reporting Advances as reported by Countrywide 12,~~187~~826,~~992~~809.0159 Advances as reported by Saxon 26,~~054~~077,~~505~~510.7454 Certificate LIBOR 5.~~320000~~131250% SWAP LIBOR 5.~~320000~~131250% Pool Factor 0.~~991058~~945441% Defaulted Swap Termination Payment 0.00 Swap Termination Payment 0.00 Cumulative Loss Percentage 0.~~000000~~000240% Structural Reporting Net Monthly Excess Cash Flow 2,~~189~~021,~~123~~409.3293 Subordinated Amount 52,732,816.55 Subordination Deficiency Amount 0.00 Subordination Reduction Amount ~~2,621~~0.8500 Specified Subordinated Amount 52,732,816.55 Trigger Event Reporting Delinquency Loss Trigger Event Trigger Result ~~Pass~~Fail Threshold Value 78.~~998674~~408073% Calculated Value 09.~~683247~~915902% Cumulative Loss Trigger Event Trigger Result Pass Threshold Value 1.600000% Calculated Value 0.~~000000~~023972% 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 Actual Balance Actual Balance Actual Balance Actual Balance Actual Balance 0-29 Days 05 0 0 05 0821,322.0004 0.00 0.00 0821,322.0004 30 Days ~~213~~240 01 0 0 ~~213~~241 4248,~~010~~526,~~762~~043.4260 0305,702.0070 0.00 0.00 4248,~~010~~831,~~762~~746.4230 60 Days 37157 03 01 0 37161 634,~~809~~532,~~460~~402.6872 0802,118.0046 0228,793.0048 0.00 635,~~809~~563,~~460~~314.6866 90 Days 377 01 047 0 3125 111,~~225~~650,~~712~~943.4673 0431,878.0040 014,050,668.0088 0.00 126,~~225~~133,~~712~~491.4601 120 Days 053 04 060 03 0120 06,821,792.0048 0666,496.0076 016,248,621.0011 0459,677.0058 024,196,587.0093 150 Days 029 05 073 05 0112 02,900,446.0034 0690,450.0015 021,329,835.0079 01,032,464.0010 025,953,196.0038 180+ Days 044 08 058 014 0124 03,545,011.0052 01,977,768.0023 018,146,913.0046 03,636,527.0033 027,306,220.0054 Totals ~~253~~600 027 0239 022 ~~253~~888 50107,~~045~~976,~~935~~640.5639 05,695,736.0074 070,004,832.0072 05,128,669.0001 50188,~~045~~805,~~935~~878.5686 No. of Loans No. of Loans No. of Loans No. of Loans No. of Loans Actual Balance Actual Balance Actual Balance Actual Balance Actual Balance 0-29 Days 0.~~000000~~090514% 0.000000% 0.000000% 0.~~000000~~090514% 0.~~000000~~073267% 0.000000% 0.000000% 0.~~000000~~073267% 30 Days 34.~~688312~~344678% 0.~~000000~~018103% 0.000000% 0.000000% 34.~~688312~~362781% 34.~~575936~~328807% 0.~~000000~~027270% 0.000000% 0.000000% 34.~~575936~~356078% 60 Days 02.~~640693~~842143% 0.~~000000~~054308% 0.~~000000~~018103% 0.000000% 02.~~640693~~914555% 03.~~579618~~080493% 0.~~000000~~071554% 0.~~000000~~020410% 0.000000% 03.~~579618~~172456% 90 Days 01.~~051948~~393917% 0.~~000000~~018103% 0.~~000000~~850833% 0.000000% 02.~~051948~~262853% 01.~~104332~~039332% 0.~~000000~~038526% 01.~~000000~~253402% 0.000000% 02.~~104332~~331260% 120 Days 0.~~000000~~959450% 0.~~000000~~072411% 01.~~000000~~086169% 0.~~000000~~054308% 02.~~000000~~172339% 0.~~000000~~608544% 0.~~000000~~059455% 01.~~000000~~449472% 0.~~000000~~041006% 02.~~000000~~158477% 150 Days 0.~~000000~~524982% 0.~~000000~~090514% 01.~~000000~~321506% 0.~~000000~~090514% 02.~~000000~~027516% 0.~~000000~~258737% 0.~~000000~~061592% 01.~~000000~~902746% 0.~~000000~~092102% 02.~~000000~~315177% 180+ Days 0.~~000000~~796524% 0.~~000000~~144823% 01.~~000000~~049964% 0.~~000000~~253440% 02.~~000000~~244750% 0.~~000000~~316236% 0.~~000000~~176429% 01.~~000000~~618811% 0.~~000000~~324400% 02.~~000000~~435875% Totals 410.~~380952~~861694% 0.~~000000~~488776% 04.~~000000~~326575% 0.~~000000~~398262% 416.~~380952~~075308% 49.~~259886~~632149% 0.~~000000~~508093% 06.~~000000~~244841% 0.~~000000~~457507% 416.~~259886~~842591% 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,~~133~~056,~~005~~772.9315

Delinquency Status By Group DELINQUENT BANKRUPTCY FORECLOSURE REO Total Loan Group I - OTS No. of Loans No. of Loans No. of Loans No. of Loans No. of Loans Actual Balance Actual Balance Actual Balance Actual Balance Actual Balance 0-29 Days 01 0 0 01 0186,345.0070 0.00 0.00 0186,345.0070 30 Days 2639 01 0 0 2640 36,~~767~~592,~~220~~051.5348 0305,702.0070 0.00 0.00 36,~~767~~897,~~220~~754.5318 60 Days 424 0 01 0 425 ~~284~~4,~~491~~168,457.85 0.00 0228,793.0048 0.00 ~~284~~4,~~491~~397,251.8533 90 Days 010 0 05 0 015 0956,242.0015 0.00 01,128,900.0032 0.00 02,085,142.0047 120 Days 03 01 07 0 011 0279,301.0049 094,967.0078 01,250,260.0053 0.00 01,624,529.0080 150 Days 03 01 07 01 012 0252,902.0027 0363,262.0018 01,106,051.0007 095,889.0002 01,818,104.0054 180+ Days 02 01 07 02 012 0126,442.0058 0129,415.0071 01,025,352.0032 0394,113.0022 01,675,323.0083 Totals 3081 05 027 03 30116 412,~~051~~375,~~712~~397.3882 01,079,694.0007 04,739,357.0072 0490,002.0024 418,~~051~~684,~~712~~451.3885 0-29 Days 0.~~000000~~132450% 0.000000% 0.000000% 0.~~000000~~132450% 0.~~000000~~129326% 0.000000% 0.000000% 0.~~000000~~129326% 30 Days 35.~~278689~~165563% 0.~~000000~~132450% 0.000000% 0.000000% 35.~~278689~~298013% 24.~~475473~~574950% 0.~~000000~~212161% 0.000000% 0.000000% 24.~~475473~~787110% 60 Days 03.~~504414~~178808% 0.000000% 0.~~000000~~132450% 0.000000% 03.~~504414~~311258% 02.~~186942~~892951% 0.000000% 0.~~000000~~158785% 0.000000% 03.~~186942~~051736% 90 Days 01.~~000000~~324503% 0.000000% 0.~~000000~~662252% 0.000000% 01.~~000000~~986755% 0.~~000000~~663642% 0.000000% 0.~~000000~~783468% 0.000000% 01.~~000000~~447110% 120 Days 0.~~000000~~397351% 0.~~000000~~132450% 0.~~000000~~927152% 0.000000% 01.~~000000~~456954% 0.~~000000~~193838% 0.~~000000~~065909% 0.~~000000~~867693% 0.000000% 01.~~000000~~127440% 150 Days 0.~~000000~~397351% 0.~~000000~~132450% 0.~~000000~~927152% 0.~~000000~~132450% 01.~~000000~~589404% 0.~~000000~~175517% 0.~~000000~~252108% 0.~~000000~~767610% 0.~~000000~~066548% 01.~~000000~~261783% 180+ Days 0.~~000000~~264901% 0.~~000000~~132450% 0.~~000000~~927152% 0.~~000000~~264901% 01.~~000000~~589404% 0.~~000000~~087752% 0.~~000000~~089816% 0.~~000000~~711605% 0.~~000000~~273519% 01.~~000000~~162691% Totals 310.~~783102~~728477% 0.~~000000~~662252% 03.~~000000~~576159% 0.~~000000~~397351% 315.~~783102~~364238% 28.~~662415~~588650% 0.~~000000~~749318% 03.~~000000~~289162% 0.~~000000~~340066% 212.~~662415~~967196% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Loan Group II - OTS No. of Loans No. of Loans No. of Loans No. of Loans No. of Loans Actual Balance Actual Balance Actual Balance Actual Balance Actual Balance 0-29 Days 04 0 0 04 0634,976.0034 0.00 0.00 0634,976.0034 30 Days ~~187~~201 0 0 0 ~~187~~201 3841,~~243~~933,~~541~~992.8912 0.00 0.00 0.00 3841,~~243~~933,~~541~~992.8912 60 Days 33133 03 0 0 33136 630,~~524~~363,~~968~~944.8387 0802,118.0046 0.00 0.00 631,~~524~~166,~~968~~063.8333 90 Days 367 01 042 0 3110 110,~~225~~694,~~712~~701.4658 0431,878.0040 012,921,768.0056 0.00 124,~~225~~048,~~712~~348.4654 120 Days 050 03 053 03 0109 06,542,490.0099 0571,528.0098 014,998,360.0058 0459,677.0058 022,572,058.0013 150 Days 026 04 066 04 0100 02,647,544.0007 0327,187.0097 020,223,784.0072 0936,575.0008 024,135,091.0084 180+ Days 042 07 051 012 0112 03,418,568.0094 01,848,352.0052 017,121,561.0014 03,242,414.0011 025,630,896.0071 Totals ~~223~~519 022 0212 019 ~~223~~772 4595,~~994~~601,~~223~~242.1857 04,616,042.0067 065,265,475.00 04,638,666.0077 45170,~~994~~121,~~223~~427.1801 0-29 Days 0.~~000000~~083875% 0.000000% 0.000000% 0.~~000000~~083875% 0.~~000000~~064998% 0.000000% 0.000000% 0.~~000000~~064998% 30 Days 34.~~753513~~214720% 0.000000% 0.000000% 0.000000% 34.~~753513~~214720% 34.~~739700~~292503% 0.000000% 0.000000% 0.000000% 34.~~739700~~292503% 60 Days 02.~~662385~~788845% 0.~~000000~~062906% 0.000000% 0.000000% 02.~~662385~~851751% 03.~~638053~~108154% 0.~~000000~~082108% 0.000000% 0.000000% 03.~~638053~~190262% 90 Days 01.~~060217~~404907% 0.~~000000~~020969% 0.~~000000~~880688% 0.000000% 02.~~060217~~306563% 01.~~119858~~094745% 0.~~000000~~044209% 01.~~000000~~322715% 0.000000% 02.~~119858~~461669% 120 Days 01.~~000000~~048438% 0.~~000000~~062906% 01.~~000000~~111344% 0.~~000000~~062906% 02.~~000000~~285594% 0.~~000000~~669711% 0.~~000000~~058504% 01.~~000000~~535282% 0.~~000000~~047054% 02.~~000000~~310551% 150 Days 0.~~000000~~545188% 0.~~000000~~083875% 01.~~000000~~383938% 0.~~000000~~083875% 02.~~000000~~096876% 0.~~000000~~271011% 0.~~000000~~033492% 02.~~000000~~070174% 0.~~000000~~095871% 02.~~000000~~470548% 180+ Days 0.~~000000~~880688% 0.~~000000~~146781% 01.~~000000~~069407% 0.~~000000~~251625% 02.~~000000~~348501% 0.~~000000~~349936% 0.~~000000~~189203% 01.~~000000~~752620% 0.~~000000~~331904% 02.~~000000~~623664% Totals 410.~~476114~~882785% 0.~~000000~~461313% 04.~~000000~~445376% 0.~~000000~~398406% 416.~~476114~~187880% 49.~~497611~~786060% 0.~~000000~~472513% 06.~~000000~~680790% 0.~~000000~~474829% 417.~~497611~~414194% Please refer to CTSLink.com for a list of delinquency code descriptions.

Delinquency Status By Subgroup DELINQUENT BANKRUPTCY FORECLOSURE REO Total Pool I(A) - OTS No. of Loans No. of Loans No. of Loans No. of Loans No. of Loans Actual Balance Actual Balance Actual Balance Actual Balance Actual Balance 0-29 Days 01 0 0 01 0186,345.0070 0.00 0.00 0186,345.0070 30 Days 56 0 0 0 56 ~~352~~456,~~024~~847.0958 0.00 0.00 0.00 ~~352~~456,~~024~~847.0958 60 Days 25 0 0 0 25 88357,~~903~~542.2480 0.00 0.00 0.00 88357,~~903~~542.2480 90 Days 05 0 0 0 05 0248,215.0075 0.00 0.00 0.00 0248,215.0075 120 Days 01 0 01 0 02 064,924.0030 0.00 0153,795.0099 0.00 0218,720.0029 150 Days 02 01 01 0 04 0113,460.0085 0363,262.0018 0111,789.0046 0.00 0588,512.0049 180+ Days 02 0 01 0 03 0126,442.0058 0.00 0111,056.0009 0.00 0237,498.0067 Totals 721 02 03 0 726 ~~440~~1,~~927~~367,433.3386 0549,607.0088 0376,641.0054 0.00 ~~440~~2,~~927~~293,683.3328 0-29 Days 0.~~000000~~537634% 0.000000% 0.000000% 0.~~000000~~537634% 0.~~000000~~886015% 0.000000% 0.000000% 0.~~000000~~886015% 30 Days 23.~~590674~~225806% 0.000000% 0.000000% 0.000000% 23.~~590674~~225806% 12.~~601909~~172167% 0.000000% 0.000000% 0.000000% 12.~~601909~~172167% 60 Days 12.~~036269~~688172% 0.000000% 0.000000% 0.000000% 12.~~036269~~688172% 01.~~404560~~700004% 0.000000% 0.000000% 0.000000% 01.~~404560~~700004% 90 Days 02.~~000000~~688172% 0.000000% 0.000000% 0.000000% 02.~~000000~~688172% 01.~~000000~~180188% 0.000000% 0.000000% 0.000000% 01.~~000000~~180188% 120 Days 0.~~000000~~537634% 0.000000% 0.~~000000~~537634% 0.000000% 01.~~000000~~075269% 0.~~000000~~308695% 0.000000% 0.~~000000~~731252% 0.000000% 01.~~000000~~039946% 150 Days 01.~~000000~~075269% 0.~~000000~~537634% 0.~~000000~~537634% 0.000000% 02.~~000000~~150538% 0.~~000000~~539471% 01.~~000000~~727198% 0.~~000000~~531524% 0.000000% 02.~~000000~~798192% 180+ Days 01.~~000000~~075269% 0.000000% 0.~~000000~~537634% 0.000000% 01.~~000000~~612903% 0.~~000000~~601195% 0.000000% 0.~~000000~~528037% 0.000000% 01.~~000000~~129232% Totals 311.~~626943~~290323% 01.~~000000~~075269% 01.~~000000~~612903% 0.000000% 313.~~626943~~978495% 26.~~006469~~501719% 02.~~000000~~613213% 01.~~000000~~790812% 0.000000% 210.~~006469~~905744% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Pool I(B) - OTS No. of Loans No. of Loans No. of Loans No. of Loans No. of Loans Actual Balance Actual Balance Actual Balance Actual Balance Actual Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Please refer to CTSLink.com for a list of delinquency code descriptions. DELINQUENT BANKRUPTCY FORECLOSURE REO Total Pool I(C) - OTS No. of Loans No. of Loans No. of Loans No. of Loans No. of Loans Actual Balance Actual Balance Actual Balance Actual Balance Actual Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 2133 01 0 0 2134 36,~~415~~135,~~196~~203.4490 0305,702.0070 0.00 0.00 36,~~415~~440,~~196~~906.4460 60 Days 219 0 01 0 220 ~~195~~3,~~588~~810,915.6105 0.00 0228,793.0048 0.00 ~~195~~4,~~588~~039,708.6153 90 Days 05 0 05 0 010 0708,026.0040 0.00 01,128,900.0032 0.00 01,836,926.0072 120 Days 02 01 06 0 09 0214,377.0019 094,967.0078 01,096,464.0054 0.00 01,405,809.0051 150 Days 01 0 06 01 08 0139,441.0042 0.00 0994,261.0061 095,889.0002 01,229,592.0005 180+ Days 0 01 06 02 09 0.00 0129,415.0071 0914,296.0023 0394,113.0022 01,437,825.0016 Totals 2360 03 024 03 2390 311,~~610~~007,~~785~~963.0596 0530,086.0019 04,362,716.0018 0490,002.0024 316,~~610~~390,~~785~~768.0557 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 36.~~716814~~145251% 0.~~000000~~186220% 0.000000% 0.000000% 36.~~716814~~331471% 25.~~824614~~356178% 0.~~000000~~266886% 0.000000% 0.000000% 25.~~824614~~623064% 60 Days 03.~~353982~~538175% 0.000000% 0.~~000000~~186220% 0.000000% 03.~~353982~~724395% 03.~~161766~~327019% 0.000000% 0.~~000000~~199742% 0.000000% 03.~~161766~~526761% 90 Days 0.~~000000~~931099% 0.000000% 0.~~000000~~931099% 0.000000% 01.~~000000~~862197% 0.~~000000~~618124% 0.000000% 0.~~000000~~985557% 0.000000% 01.~~000000~~603681% 120 Days 0.~~000000~~372439% 0.~~000000~~186220% 01.~~000000~~117318% 0.000000% 01.~~000000~~675978% 0.~~000000~~187156% 0.~~000000~~082909% 0.~~000000~~957239% 0.000000% 01.~~000000~~227305% 150 Days 0.~~000000~~186220% 0.000000% 01.~~000000~~117318% 0.~~000000~~186220% 01.~~000000~~489758% 0.~~000000~~121736% 0.000000% 0.~~000000~~868014% 0.~~000000~~083713% 01.~~000000~~073463% 180+ Days 0.000000% 0.~~000000~~186220% 01.~~000000~~117318% 0.~~000000~~372439% 01.~~000000~~675978% 0.000000% 0.~~000000~~112983% 0.~~000000~~798202% 0.~~000000~~344070% 01.~~000000~~255255% Totals 411.~~070796~~173184% 0.~~000000~~558659% 04.~~000000~~469274% 0.~~000000~~558659% 416.~~070796~~759777% 29.~~986380~~610213% 0.~~000000~~462778% 03.~~000000~~808754% 0.~~000000~~427784% 214.~~986380~~309529% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Pool II(A) - OTS No. of Loans No. of Loans No. of Loans No. of Loans No. of Loans Actual Balance Actual Balance Actual Balance Actual Balance Actual Balance 0-29 Days 01 0 0 01 077,718.0062 0.00 0.00 077,718.0062 30 Days 7254 0 0 0 7254 65,~~909~~719,~~002~~052.0215 0.00 0.00 0.00 65,~~909~~719,~~002~~052.0215 60 Days 1430 01 0 0 1431 13,~~118~~151,~~697~~847.3414 0134,520.0046 0.00 0.00 13,~~118~~286,~~697~~367.3460 90 Days 039 0 01 0 040 03,189,522.0007 0.00 0106,017.0022 0.00 03,295,539.0029 120 Days 032 0 03 0 035 02,714,558.0085 0.00 0505,470.0065 0.00 03,220,029.0050 150 Days 024 02 04 0 030 01,931,716.0081 093,660.0051 0661,721.0042 0.00 02,687,098.0074 180+ Days 042 03 02 0 047 03,418,568.0094 0346,587.0067 0384,225.0018 0.00 04,149,381.0079 Totals 86221 07 010 0 86238 820,~~027~~125,~~699~~265.3696 0652,487.0026 01,657,434.0047 0.00 822,~~027~~435,~~699~~187.3669 0-29 Days 0.~~000000~~073855% 0.000000% 0.000000% 0.~~000000~~073855% 0.~~000000~~049133% 0.000000% 0.000000% 0.~~000000~~049133% 30 Days 53.~~091938~~988183% 0.000000% 0.000000% 0.000000% 53.~~091938~~988183% 43.~~187514~~615498% 0.000000% 0.000000% 0.000000% 43.~~187514~~615498% 60 Days 02.~~990099~~215657% 0.~~000000~~073855% 0.000000% 0.000000% 02.~~990099~~289513% 01.~~678037~~992550% 0.~~000000~~085042% 0.000000% 0.000000% 02.~~678037~~077592% 90 Days 02.~~000000~~880355% 0.000000% 0.~~000000~~073855% 0.000000% 02.~~000000~~954210% 02.~~000000~~016368% 0.000000% 0.~~000000~~067022% 0.000000% 02.~~000000~~083390% 120 Days 02.~~000000~~363368% 0.000000% 0.~~000000~~221566% 0.000000% 02.~~000000~~584934% 01.~~000000~~716103% 0.000000% 0.~~000000~~319551% 0.000000% 02.~~000000~~035654% 150 Days 01.~~000000~~772526% 0.~~000000~~147710% 0.~~000000~~295421% 0.000000% 02.~~000000~~215657% 01.~~000000~~221202% 0.~~000000~~059211% 0.~~000000~~418330% 0.000000% 01.~~000000~~698743% 180+ Days 03.~~000000~~101920% 0.~~000000~~221566% 0.~~000000~~147710% 0.000000% 03.~~000000~~471196% 02.~~000000~~161168% 0.~~000000~~219107% 0.~~000000~~242901% 0.000000% 02.~~000000~~623176% Totals 616.~~082037~~322009% 0.~~000000~~516987% 0.~~000000~~738552% 0.000000% 617.~~082037~~577548% 412.~~865552~~722889% 0.~~000000~~412493% 01.~~000000~~047805% 0.000000% 414.~~865552~~183187% Please refer to CTSLink.com for a list of delinquency code descriptions. DELINQUENT BANKRUPTCY FORECLOSURE REO Total Pool II(B) - OTS No. of Loans No. of Loans No. of Loans No. of Loans No. of Loans Actual Balance Actual Balance Actual Balance Actual Balance Actual Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 1 0 0 0 1 ~~652~~284,~~123~~000.0400 0.00 0.00 0.00 ~~652~~284,~~123~~000.0400 60 Days 01 0 0 0 01 0512,428.0024 0.00 0.00 0.00 0512,428.0024 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 01 0 01 0.00 0.00 0416,000.00 0.00 0416,000.00 180+ Days 0 0 01 0 01 0.00 0.00 0652,123.0004 0.00 0652,123.0004 Totals 12 0 02 0 14 ~~652~~796,~~123~~428.0424 0.00 01,068,123.0004 0.00 ~~652~~1,~~123~~864,551.0428 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 12.~~886792~~000000% 0.000000% 0.000000% 0.000000% 12.~~886792~~000000% 31.~~212528~~453274% 0.000000% 0.000000% 0.000000% 31.~~212528~~453274% 60 Days 02.000000% 0.000000% 0.000000% 0.000000% 02.000000% 02.~~000000~~622178% 0.000000% 0.000000% 0.000000% 02.~~000000~~622178% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 02.000000% 0.000000% 02.000000% 0.000000% 0.000000% 02.~~000000~~128739% 0.000000% 02.~~000000~~128739% 180+ Days 0.000000% 0.000000% 02.000000% 0.000000% 02.000000% 0.000000% 0.000000% 03.~~000000~~337019% 0.000000% 03.~~000000~~337019% Totals 14.~~886792~~000000% 0.000000% 04.000000% 0.000000% 18.~~886792~~000000% 34.~~212528~~075452% 0.000000% 05.~~000000~~465759% 0.000000% 39.~~212528~~541211% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Pool II(C) - OTS No. of Loans No. of Loans No. of Loans No. of Loans No. of Loans Actual Balance Actual Balance Actual Balance Actual Balance Actual Balance 0-29 Days 03 0 0 03 0557,257.0072 0.00 0.00 0557,257.0072 30 Days ~~114~~146 0 0 0 ~~114~~146 3035,~~682~~930,~~416~~939.8397 0.00 0.00 0.00 3035,~~682~~930,~~416~~939.8397 60 Days 19102 02 0 0 19104 526,~~406~~699,~~271~~669.49 0667,598.00 0.00 0.00 527,~~406~~367,~~271~~267.49 90 Days 328 01 041 0 370 17,~~225~~505,~~712~~179.4651 0431,878.0040 012,815,751.0034 0.00 120,~~225~~752,~~712~~809.4625 120 Days 018 03 050 03 074 03,827,932.0014 0571,528.0098 014,492,889.0093 0459,677.0058 019,352,028.0063 150 Days 02 02 061 04 069 0715,827.0026 0233,527.0046 019,146,063.0030 0936,575.0008 021,031,993.0010 180+ Days 0 04 048 012 064 0.00 01,501,764.0085 016,085,212.0092 03,242,414.0011 020,829,391.0088 Totals ~~136~~296 015 0200 019 ~~136~~530 3774,~~314~~679,~~400~~548.7837 03,963,555.0041 062,539,917.0049 04,638,666.0077 37145,~~314~~821,~~400~~688.7804 0-29 Days 0.~~000000~~089153% 0.000000% 0.000000% 0.~~000000~~089153% 0.~~000000~~069728% 0.000000% 0.000000% 0.~~000000~~069728% 30 Days 34.~~243243~~338782% 0.000000% 0.000000% 0.000000% 34.~~243243~~338782% 34.~~664242~~495926% 0.000000% 0.000000% 0.000000% 34.~~664242~~495926% 60 Days 03.~~540541~~031204% 0.~~000000~~059435% 0.000000% 0.000000% 03.~~540541~~090639% 03.~~645643~~340846% 0.~~000000~~083534% 0.000000% 0.000000% 03.~~645643~~424381% 90 Days 0.~~085349~~832095% 0.~~000000~~029718% 01.~~000000~~218425% 0.000000% 02.~~085349~~080238% 0.~~146381~~939100% 0.~~000000~~054040% 01.~~000000~~603595% 0.000000% 02.~~146381~~596734% 120 Days 0.~~000000~~534918% 0.~~000000~~089153% 01.~~000000~~485884% 0.~~000000~~089153% 02.~~000000~~199108% 0.~~000000~~478977% 0.~~000000~~071514% 01.~~000000~~813450% 0.~~000000~~057518% 02.~~000000~~421459% 150 Days 0.~~000000~~059435% 0.~~000000~~059435% 01.~~000000~~812779% 0.~~000000~~118871% 02.~~000000~~050520% 0.~~000000~~089569% 0.~~000000~~029221% 02.~~000000~~395687% 0.~~000000~~117191% 02.~~000000~~631668% 180+ Days 0.000000% 0.~~000000~~118871% 01.~~000000~~426449% 0.~~000000~~356612% 01.~~000000~~901932% 0.000000% 0.~~000000~~187911% 02.~~000000~~012692% 0.~~000000~~405713% 02.~~000000~~606317% Totals 38.~~869132~~796434% 0.~~000000~~445765% 05.~~000000~~943536% 0.~~000000~~564636% 315.~~869132~~750371% 49.~~456266~~344419% 0.~~000000~~495947% 07.~~000000~~825425% 0.~~000000~~580422% 418.~~456266~~246212% Please refer to CTSLink.com for a list of delinquency code descriptions.

~~REO~~180+ ~~Detail~~Delinquency -Summary ~~All~~Summary ~~Mortgage~~Loan Group I Days Number of Outstanding Percentage of Number of Outstanding Percentage of Delinquent Loans inActual ~~REO~~Balance(%) ~~during~~Loans ~~Current~~Actual ~~Period~~Balance(%) ~~Summary~~Balance($) Balance($) 180 - No209 ~~REO~~100 ~~Information~~22,211,824.24 to1.981 ~~report~~11 ~~this~~1,575,385.10 ~~period~~1.093 ~~Loan~~210 ~~Group~~- I239 -21 No3,869,011.96 ~~REO~~0.345 ~~Information~~1 to99,938.73 ~~report~~0.069 ~~this~~240 ~~period~~- 269 3 1,225,384.34 ~~Loan~~0.109 ~~Group~~0 II0.00 -0.000 NoTotal ~~REO~~124 ~~Information~~27,306,220.54 to2.435 ~~report~~12 ~~this~~1,675,323.83 ~~period~~1.162

~~REO~~180+ Delinquency Summary (continued) Loan ~~Detail~~Group -II ~~All~~Days ~~Mortgage~~Number of Outstanding Percentage of Delinquent Loans inActual ~~REO~~Balance(%) ~~during~~Balance($) ~~Current~~180 ~~Period~~- ~~Month~~209 ~~Loan~~89 ~~First~~20,636,439.14 ~~Original~~2.112 ~~Loan~~210 ~~Entered~~- ~~Payment~~239 ~~LTV~~20 at3,769,073.23 ~~Principal~~0.386 ~~Group~~240 ~~Number~~- ~~REO~~269 ~~Date~~3 ~~State~~1,225,384.34 ~~Origination~~0.125 ~~Balance~~Total No112 ~~REO~~25,630,896.71 ~~Loans~~2.623 ~~this~~This ~~Period~~report includes all loans greater than 180 days delinquent regardless of status (REO, Foreclosure, Bankruptcy).

REO Detail - All Mortgage Loans in REO during Current Period

Summary 12 Month REO ~~Loan~~History* ~~Detail~~New -REO ~~All~~Loans ~~Mortgage~~Month REO Percentage Loans in REO ~~during~~19 Nov-06 0.000% Original Principal Balance 4,463,605.00 Dec-06 0.000% Current ~~Period~~Actual ~~(continued)~~Balance 4,461,170.84 Jan-07 0.000% Feb-07 0.000% Current ~~Paid~~REO Total Mar-07 0.000% Loans in REO 22 Apr-07 0.000% Original Principal Balance 5,131,355.00 May-07 0.000% Current ~~Approximate~~Actual Balance 5,128,669.01 Jun-07 0.000% Jul-07 0.000% Aug-07 0.000% Sep-07 0.084% Oct-07 0.458% *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 I 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 2 Nov-06 0.000% Original Principal Balance 344,800.00 Dec-06 0.000% Current Actual ToBalance ~~Months~~344,662.47 ~~Loan~~Jan-07 ~~Delinquent~~0.000% Feb-07 0.000% Current REO Total Mar-07 0.000% Loans in REO 3 Apr-07 0.000% Original Principal Balance 490,150.00 May-07 0.000% Current Actual Balance 490,002.24 Jun-07 0.000% Jul-07 0.000% Aug-07 0.000% Sep-07 0.100% Oct-07 0.340% *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 ~~Number~~II 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 17 Nov-06 0.000% Original Principal Balance ~~Date~~4,118,805.00 ~~Delinquent~~Dec-06 ~~Rate~~0.000% ~~Interest~~Current NoActual Balance 4,116,508.37 Jan-07 0.000% Feb-07 0.000% Current REO Total Mar-07 0.000% Loans ~~this~~in ~~Period~~REO 19 Apr-07 0.000% Original Principal Balance 4,641,205.00 May-07 0.000% Current Actual Balance 4,638,666.77 Jun-07 0.000% Jul-07 0.000% Aug-07 0.000% Sep-07 0.081% Oct-07 0.475% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com.

~~Foreclosure~~REO Loan Detail - All Mortgage Loans in ~~Foreclosure~~REO during Current Period ~~Summary~~Month Loan First Original Loan Entered Payment LTV at Principal Group Number REO Date State Origination Balance Loan Group I 0011792252 Sep-2007 No01-Feb-2007 ~~Foreclosure~~GA ~~Information~~95.00 to145,350.00 ~~report~~Loan ~~this~~Group ~~period~~I 0011794506 Oct-2007 01-Feb-2007 CO 80.00 248,800.00 Loan Group I 0011795972 Oct-2007 No01-Feb-2007 ~~Foreclosure~~GA ~~Information~~80.00 to96,000.00 ~~report~~Loan ~~this~~Group ~~period~~II 0011703095 Oct-2007 01-Dec-2006 CA 80.00 628,000.00 Loan Group II 0011731079 Oct-2007 No01-Dec-2006 ~~Foreclosure~~CA ~~Information~~80.00 to228,000.00 ~~report~~Loan ~~this~~Group ~~period~~II 0011744969 Oct-2007 01-Dec-2006 CA 80.00 230,400.00 Loan Group II 0011751565 Oct-2007 01-Jan-2007 VA 79.99 299,900.00 Loan Group II 0011760836 Oct-2007 01-Jan-2007 WA 80.00 261,600.00 Loan Group II 0011760966 Oct-2007 01-Dec-2006 AZ 80.00 184,000.00 Loan Group II 0011761804 Oct-2007 01-Jan-2007 CA 80.00 396,000.00 Loan Group II 0011763621 Oct-2007 01-Jan-2007 TX 80.00 280,000.00 Loan Group II 0011764453 Sep-2007 01-Jan-2007 MD 80.00 234,400.00 Loan Group II 0011764745 Oct-2007 01-Jan-2007 CA 80.00 384,000.00 Loan Group II 0011775064 Sep-2007 01-Feb-2007 MD 80.00 288,000.00 Loan Group II 0011780262 Oct-2007 01-Feb-2007 VA 80.00 216,000.00 Loan Group II 0011788574 Oct-2007 01-Feb-2007 GA 95.00 161,405.00 Loan Group II 2000255121 Oct-2007 01-Feb-2007 MI 94.62 88,000.00 Loan Group II 2000255916 Oct-2007 01-Feb-2007 VA 80.00 156,000.00 Loan Group II 2000256006 Oct-2007 01-Jan-2007 MN 80.00 112,000.00 Loan Group II 2000256058 Oct-2007 01-Feb-2007 MN 81.57 208,000.00 Loan Group II 2000280774 Oct-2007 01-Feb-2007 VA 90.00 121,500.00 Loan Group II 2000281452 Oct-2007 01-Feb-2007 MO 80.00 164,000.00

~~Foreclosure~~REO Loan Detail - All Mortgage Loans in ~~Foreclosure~~REO during Current Period ~~Month~~(continued) ~~Loan~~Current ~~First~~Paid ~~Original~~Current Approximate Loan ~~Entered~~Actual ~~Payment~~To ~~LTV~~Months atLoan ~~Principal~~Delinquent Group Number FCBalance Date ~~State~~Delinquent ~~Origination~~Rate ~~Balance~~Interest NoLoan ~~Foreclosure~~Group ~~Loans~~I ~~this~~0011792252 ~~Period~~145,339.77 01-Feb-2007 6 9.500% 6,538.16 Loan Group I 0011794506 248,773.45 01-Feb-2007 6 8.435% 9,865.24 Loan Group I 0011795972 95,889.02 01-Mar-2007 5 8.745% 3,944.83 Loan Group II 0011703095 627,891.55 01-Jan-2007 7 8.990% 26,640.94 Loan Group II 0011731079 227,856.41 01-Feb-2007 6 6.650% 6,999.81 Loan Group II 0011744969 230,280.22 01-Feb-2007 6 8.395% 9,085.66 Loan Group II 0011751565 299,727.11 01-Feb-2007 6 7.990% 11,209.87 Loan Group II 0011760836 261,464.17 01-Feb-2007 6 8.350% 10,250.15 Loan Group II 0011760966 183,752.25 01-Jan-2007 7 8.000% 6,864.47 Loan Group II 0011761804 395,939.67 01-Jan-2007 7 7.500% 13,846.02 Loan Group II 0011763621 279,561.16 01-Mar-2007 5 9.250% 12,207.77 Loan Group II 0011764453 234,324.43 01-Feb-2007 6 7.357% 8,027.86 Loan Group II 0011764745 383,933.67 01-Feb-2007 6 8.990% 16,291.48 Loan Group II 0011775064 287,833.97 01-Mar-2007 5 7.990% 10,768.27 Loan Group II 0011780262 215,849.18 01-Apr-2007 4 8.735% 8,882.29 Loan Group II 0011788574 161,329.36 01-Mar-2007 5 8.700% 6,608.95 Loan Group II 2000255121 87,828.40 01-Apr-2007 4 8.190% 3,371.36 Loan Group II 2000255916 156,000.00 01-Apr-2007 4 7.900% 5,772.00 Loan Group II 2000256006 111,868.75 01-Feb-2007 6 8.680% 4,563.03 Loan Group II 2000256058 207,850.59 01-Mar-2007 5 7.220% 6,974.83 Loan Group II 2000280774 121,375.88 26-Feb-2007 6 9.340% 5,354.98 Loan Group II 2000281452 164,000.00 01-Feb-2007 6 6.990% 5,321.82

Foreclosure Detail - All Mortgage Loans in Foreclosure during Current Period

Summary 12 Month Foreclosure ~~Loan~~History* ~~Detail~~New -Foreclosure ~~All~~Loans ~~Mortgage~~Month Foreclosure Percentage Loans in Foreclosure ~~during~~68 Nov-06 0.000% Original Principal Balance 18,928,601.00 Dec-06 0.000% Current ~~Period~~Actual ~~(continued)~~Balance 18,901,277.82 Jan-07 0.000% Feb-07 0.000% Current ~~Paid~~Foreclosure Total Mar-07 0.000% Loans in Foreclosure 239 Apr-07 0.000% Original Principal Balance 70,069,507.00 May-07 0.000% Current ~~Approximate~~Actual Balance 70,004,832.72 Jun-07 0.439% Jul-07 1.714% Aug-07 3.359% Sep-07 5.236% Oct-07 6.245% *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 I 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 8 Nov-06 0.000% Original Principal Balance 1,594,650.00 Dec-06 0.000% Current Actual ToBalance ~~Months~~1,592,565.13 ~~Loan~~Jan-07 ~~Delinquent~~0.000% Feb-07 0.000% Current Foreclosure Total Mar-07 0.000% Loans in Foreclosure 24 Apr-07 0.000% Original Principal Balance 4,366,900.00 May-07 0.000% Current Actual Balance 4,362,716.18 Jun-07 0.204% Jul-07 1.023% Aug-07 1.819% Sep-07 2.820% Oct-07 3.289% *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 ~~Number~~II 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 57 Nov-06 0.000% Original Principal Balance ~~Date~~16,764,251.00 ~~Delinquent~~Dec-06 ~~Rate~~0.000% ~~Interest~~Current NoActual Balance 16,739,510.67 Jan-07 0.000% Feb-07 0.000% Current Foreclosure Total Mar-07 0.000% Loans ~~this~~in ~~Period~~Foreclosure 200 Apr-07 0.000% Original Principal Balance 62,597,613.00 May-07 0.000% Current Actual Balance 62,539,917.49 Jun-07 0.473% Jul-07 1.816% Aug-07 3.587% Sep-07 5.593% Oct-07 6.681% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com.

Bankruptcy Detail - All Mortgage Loans in Bankruptcy during Current Period Summary - No Bankruptcy Information to report this period. Loan Group I - No Bankruptcy Information to report this period. Loan Group II - No Bankruptcy Information to report this period.

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

Summary 12 Month Bankruptcy ~~Detail~~History* New Bankruptcy Loans Month Bankruptcy Percentage Loans in Bankruptcy 10 Nov-06 ~~All~~0.000% ~~Mortgage~~Original Principal Balance 3,112,750.00 Dec-06 0.000% Current Actual Balance 3,109,152.80 Jan-07 0.000% Feb-07 0.000% Current Bankruptcy Total Mar-07 0.000% Loans in Bankruptcy ~~during~~27 Apr-07 0.000% Original Principal Balance 5,702,620.00 May-07 0.000% Current ~~Period~~Actual ~~(continued)~~Balance ~~Group~~5,695,736.74 Jun-07 0.000% Jul-07 0.119% Aug-07 0.081% Sep-07 0.229% Oct-07 0.508% *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 I 12 Month Bankruptcy History* New Bankruptcy Loans Month Bankruptcy Percentage Loans in Bankruptcy 1 Nov-06 0.000% Original Principal Balance 363,750.00 Dec-06 0.000% Current ~~Paid~~Actual ToBalance ~~Months~~363,262.18 Jan-07 0.000% Feb-07 0.000% Current ~~Approximate~~Bankruptcy ~~Number~~Total Mar-07 0.000% Loans in Bankruptcy 3 Apr-07 0.000% Original Principal Balance 530,470.00 May-07 0.000% Current Actual ~~Date~~Balance ~~Delinquent~~530,086.19 Jun-07 0.000% Jul-07 0.000% Aug-07 0.000% Sep-07 0.494% Oct-07 0.749% *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 ~~Rate~~Group ~~Delinquent~~II 12 Month Bankruptcy History* New Bankruptcy Loans Month Bankruptcy Percentage Loans in Bankruptcy 6 Nov-06 0.000% Original Principal Balance ~~Interest~~2,450,400.00 NoDec-06 0.000% Current Actual Balance 2,447,684.24 Jan-07 0.000% Feb-07 0.000% Current Bankruptcy Total Mar-07 0.000% Loans ~~this~~in ~~Period~~Bankruptcy 15 Apr-07 0.000% Original Principal Balance 3,967,895.00 May-07 0.000% Current Actual Balance 3,963,555.41 Jun-07 0.000% Jul-07 0.137% Aug-07 0.093% Sep-07 0.190% Oct-07 0.473% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com.

~~Realized~~Bankruptcy ~~Loss~~ Detail ~~Report~~ - All Mortgage Loans ~~with~~in ~~Losses~~Bankruptcy during Current Period ~~Summary~~Group #Loan ~~Loans~~Month ~~Prior~~Loan ~~Realized~~First ~~Current~~State ~~with~~LTV ~~Actual~~at ~~Loss/(Gain)~~Original ~~Loss~~Number ~~Group~~Entered ~~Losses~~Payment Origination Principal Bankruptcy Date Balance ~~Amount~~Loan ~~Percentage~~Group I 0011698705 Sep-2007 01-Dec-2006 GA 95.00 95,000.00 Loan Group I 00011749197 0Oct-2007 01-Jan-2007 DC 75.00 0363,750.00 0Loan Group I 0011765390 Sep-2007 01-Jan-2007 OH 95.00 187,150.00 Loan Group I 0011779818 Sep-2007 01-Feb-2007 TX 95.00 129,470.00 Loan Group I 0011788685 Sep-2007 01-Feb-2007 GA 90.00 306,000%.00 Loan Group II 00011645073 0Sep-2007 01-Nov-2006 VA 80.00 0152,720.00 0Loan Group II 0011645076 Sep-2007 01-Nov-2006 VA 20.00 38,180.00 Loan Group II 0011708158 Oct-2007 01-Dec-2006 CA 80.00 253,600.00 Loan Group II 0011708160 Oct-2007 01-Dec-2006 CA 20.00 63,400.00 Loan Group II 0011719107 Sep-2007 01-Dec-2006 VA 20.00 183,000%.00 ~~Total~~Loan 0Group 0II 0011728793 Oct-2007 01-Jan-2007 MA 80.00 0401,600.00 0Loan Group II 0011734837 Sep-2007 01-Jan-2007 NV 80.00 292,000%.00 Loan Group II 0011748299 Oct-2007 01-Jan-2007 MA 20.00 100,400.00 Loan Group II 0011770935 Sep-2007 01-Jan-2007 CA 20.00 78,000.00 Loan Group II 0011770936 Sep-2007 01-Jan-2007 CA 80.00 312,000.00 Loan Group II 0011778032 Oct-2007 01-Jan-2007 CA 79.89 539,200.00 Loan Group II 0011778034 Oct-2007 01-Jan-2007 CA 19.97 134,800.00 Loan Group II 0011800424 Jul-2007 01-Feb-2007 TN 95.00 55,575.00 Loan Group II 0073952673 Oct-2007 21-Oct-2006 TN 80.00 556,000.00 Loan Group II 2000255309 Jul-2007 01-Feb-2007 FL 90.00 232,200.00 Loan Group II 2000255838 Sep-2007 01-Feb-2007 AL 85.00 118,575.00 Loan Group II 2000280884 Sep-2007 01-Feb-2007 LA 90.00 72,000.00 Loan Group II 2000281281 Jul-2007 01-Mar-2007 KY 90.00 81,000.00 Loan Group II 2000281755 Oct-2007 01-Mar-2007 MD 80.00 432,000.00 Loan Group II 2000281901 Oct-2007 01-Feb-2007 WA 80.00 268,000.00 Loan Group II 2000282018 Sep-2007 01-Feb-2007 VA 85.00 129,200.00 Loan Group II 2000282293 Sep-2007 01-Mar-2007 MN 90.00 127,800.00

~~Realized~~Bankruptcy ~~Loss Loan~~ Detail ~~Report~~ - All Mortgage Loans ~~With~~in ~~Losses~~Bankruptcy during Current Period ~~Original~~(continued) ~~Current~~Group Loan ~~Principal~~Current ~~Note~~Paid ~~LTV~~To atMonths ~~Original~~Current ~~Group~~Approximate Number ~~Balance~~Actual Date Delinquent Loan Rate ~~State~~Delinquent ~~Origination~~Balance ~~Term~~Interest NoLoan ~~Losses~~Group ~~this~~I ~~Period~~0011698705 94,967.78 01-Apr-2007 4 9.645% 4,341.63 Loan Group I 0011749197 363,262.18 01-Mar-2007 5 9.990% 17,208.94 Loan Group I 0011765390 186,345.70 01-Sep-2007 0 9.795% 2,887.53 Loan Group I 0011779818 129,415.71 01-Feb-2007 6 10.250% 6,296.80 Loan Group I 0011788685 305,702.70 01-Jul-2007 1 9.990% 7,251.58 Loan Group II 0011645073 152,575.14 01-Mar-2007 5 9.450% 6,823.02 Loan Group II 0011645076 38,132.81 01-Mar-2007 5 12.750% 2,333.51 Loan Group II 0011708158 253,384.99 01-Feb-2007 6 8.070% 9,578.07 Loan Group II 0011708160 63,333.39 01-Feb-2007 6 11.125% 3,359.30 Loan Group II 0011719107 182,901.75 01-Feb-2007 6 14.125% 12,449.65 Loan Group II 0011728793 401,418.35 01-Feb-2007 6 8.820% 16,681.58 Loan Group II 0011734837 291,910.42 01-Feb-2007 6 7.490% 10,195.09 Loan Group II 0011748299 100,352.53 01-Feb-2007 6 12.875% 6,202.46 Loan Group II 0011770935 77,718.62 01-Sep-2007 0 10.625% 1,311.77 Loan Group II 0011770936 312,000.00 01-Sep-2007 0 6.600% 3,172.00 Loan Group II 0011778032 538,521.39 01-Jun-2007 2 6.675% 11,080.99 Loan Group II 0011778034 134,520.46 01-Jun-2007 2 11.250% 4,817.71 Loan Group II 0011800424 55,527.70 01-Mar-2007 5 10.200% 2,688.95 Loan Group II 0073952673 555,051.09 21-Dec-2006 8 8.840% 23,070.65 Loan Group II 2000255309 232,200.00 01-Apr-2007 4 7.640% 8,289.54 Loan Group II 2000255838 118,041.93 01-Sep-2007 0 8.990% 1,670.78 Loan Group II 2000280884 71,898.96 01-Apr-2007 4 9.790% 3,335.71 Loan Group II 2000281281 80,952.32 01-Mar-2007 5 8.640% 3,287.82 Loan Group II 2000281755 431,878.40 01-May-2007 3 7.440% 12,489.20 Loan Group II 2000281901 267,430.02 01-Apr-2007 4 7.760% 9,690.08 Loan Group II 2000282018 129,076.61 01-Jun-2007 2 9.440% 3,845.34 Loan Group II 2000282293 127,215.79 01-Sep-2007 0 8.240% 1,641.63

Realized Loss ~~Loan~~ Detail Report - Loans ~~With~~with Losses during Current Period ~~(continued)~~Summary ~~Prior~~# ~~Cumulative~~Loans ~~Loan~~Prior ~~Actual~~ Realized ~~Realized~~Current ~~Group~~with ~~Number~~Actual ~~Balance~~ Loss/(Gain) Loss~~/(Gain)~~ NoGroup Losses ~~this~~Balance ~~Period~~Amount Percentage Loan Group I 0 0.00 0.00 0.000% Loan Group II 4 160,653.50 292,983.50 0.121% Total 4 160,653.50 292,983.50 0.026%

Realized Loss ~~Report~~Loan -Detail ~~Collateral~~Report ~~Summary~~ - NoLoans ~~Realized~~With ~~Loss~~Losses ~~Information~~during toCurrent ~~report~~Period ~~this~~Original ~~period.~~Current Loan ~~Group~~Principal INote -LTV Noat ~~Realized~~Original ~~Loss~~Group ~~Information~~Number toBalance ~~report~~Rate ~~this~~State ~~period.~~Origination Term Loan Group II -0011736240 No61,750.00 ~~Realized~~9.721% ~~Loss~~TX ~~Information to report this period~~95.00 ~~Calculation~~360 ~~Methodology:~~Loan ~~Monthly~~Group ~~Default~~II ~~Rate~~0011761807 ~~(MDR):~~99,000.00 ~~sum(Beg~~10.625% ~~Scheduled~~CA ~~Balance of Liquidated Loans)/ sum(Beg Scheduled Balance)~~20.00 ~~Conditional~~360 ~~Default~~Loan ~~Rate~~Group ~~(CDR):~~II ~~1-((1-MDR)^12)~~0011764458 ~~SDA Standard Default Assumption: If WAS is less than or equal to 30 then CDR / (WAS * 0~~58,600.~~02)~~00 ~~else if WAS is greater than 30 and less than or equal to 60 then CDR / 0~~11.6625% ~~else~~MD ~~if WAS is greater than 60 and less than or equal to 120 then CDR / (0~~20.600 -360 ~~((WAS~~Loan -Group ~~60)~~II *2000282414 0491,400.~~0095))~~00 ~~else if WAS is greater than 120 then CDR / 0~~9.03790% ~~Cumulative~~CA ~~Loss Severity: Sum (Realized Losses) / Sum (Ending Actual Balance for loans that have experienced a loss)~~90.00 360

~~Prepayment~~Realized ~~Detail~~Loss -Loan ~~Prepayments~~Detail ~~during~~Report ~~Current~~- ~~Period Summary~~ Loans ~~Paid~~With InLosses ~~Full~~during ~~Repurchased~~Current ~~Loans~~Period ~~Original~~(continued) ~~Current~~Prior ~~Original~~Cumulative ~~Current~~Loan ~~Principal~~Actual ~~Scheduled~~Realized ~~Principal~~Realized ~~Scheduled~~ Group ~~Count~~Number Balance ~~Balance~~Loss/(Gain) ~~Count~~Loss/(Gain) ~~Balance Balance~~ Loan Group III 60011736240 161,~~465,000~~691.0080 138,~~463,646~~953.9283 ~~0 0~~38,953.0083 ~~0.00~~ Loan Group II 370011761807 898,~~650~~961.70 104,~~860~~497.0085 8104,~~640,157~~497.3985 0Loan ~~0.00~~Group II 0011764458 0.00 ~~Total 43 10~~61,~~115,860~~491.0004 1061,~~103,804~~491.3104 0Loan Group II 2000282414 0.00 088,040.0078 88,040.78

~~Prepayment~~Realized ~~Detail~~Loss Report - ~~Prepayments~~Collateral ~~during~~Summary MDR SDA Current ~~Period~~Month ~~(continued)~~0.039% ~~Summary~~Current ~~Substitution~~Month ~~Loans~~2.771% ~~Liquidated~~3 ~~Loans~~Month ~~Curtailments~~Average ~~Original~~0.013% 3 Month Average 0.924% 12 Month Average 0.000% 12 Month Average 0.000% MDR: Current ~~Original~~vs. 12mo Average* SDA: Current ~~Principal~~vs. ~~Scheduled~~12mo ~~Principal~~Average* ~~Scheduled~~Month ~~Curtailment~~Current ~~Group~~12mo ~~Count~~Avg. ~~Balance~~Month ~~Balance~~Current ~~Count~~12mo ~~Balance~~Avg. ~~Balance~~Nov-2006 ~~Amount~~N/A ~~Loan~~N/A ~~Group~~Nov-2006 IN/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 0.000% N/A May-2007 0.00000% N/A Jun-2007 0.00000% N/A Jun-2007 0.000% N/A Jul-2007 0.00000% N/A Jul-2007 0.00000% ~~(85~~N/A Aug-2007 0.~~31)~~000% N/A Aug-2007 0.000% N/A Sep-2007 0.000% N/A Sep-2007 0.000% N/A Oct-2007 0.039% N/A Oct-2007 2.771% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. CDR Cumulative Loss Severity Current Month 0.462% Current Month 41.229% 3 Month Average 0.154% 3 Month Average 13.743% 12 Month Average 0.000% 12 Month Average 0.000% CDR: Current vs. 12mo Average* Cumulative Loss Severity: Current vs. 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. 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 0.000% N/A May-2007 N/A N/A Jun-2007 0.000% N/A Jun-2007 N/A N/A Jul-2007 0.000% N/A Jul-2007 0.000% N/A Aug-2007 0.000% N/A Aug-2007 0.000% N/A Sep-2007 0.000% N/A Sep-2007 0.000% N/A Oct-2007 0.462% N/A Oct-2007 41.229% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. Loan Group I - No Realized Loss Information to report this period. Loan Group II MDR SDA Current Month 0.044% Current Month 3.204% 3 Month Average 0.00015% 3 Month Average 1.068% 12 Month Average 0.00000% 12 Month Average 0.000% MDR: Current vs. 12mo Average* SDA: Current vs. 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. 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 0.00000% N/A May-2007 0.00000% ~~59,667~~N/A Jun-2007 0.96000% ~~Total~~N/A Jun-2007 0.000% N/A Jul-2007 0.00000% N/A Jul-2007 0.00000% N/A Aug-2007 0.000% N/A Aug-2007 0.00000% N/A Sep-2007 0.00000% ~~59,582~~N/A Sep-2007 0.65000% N/A Oct-2007 0.044% N/A Oct-2007 3.204% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. CDR Cumulative Loss Severity Current Month 0.529% Current Month 128.334% 3 Month Average 0.176% 3 Month Average 42.778% 12 Month Average 0.000% 12 Month Average 0.000% CDR: Current vs. 12mo Average* Cumulative Loss Severity: Current vs. 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. 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 0.000% N/A May-2007 0.000% N/A Jun-2007 0.000% N/A Jun-2007 0.000% N/A Jul-2007 0.000% N/A Jul-2007 0.000% N/A Aug-2007 0.000% N/A Aug-2007 0.000% N/A Sep-2007 0.000% N/A Sep-2007 0.000% N/A Oct-2007 0.529% N/A Oct-2007 22.961% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. Calculation Methodology: Monthly Default Rate (MDR): sum(Beg Scheduled Balance of Liquidated Loans)/ sum(Beg Scheduled Balance). Conditional Default Rate (CDR): 1-((1-MDR)^12) SDA Standard Default Assumption: If WAS is less than or equal to 30 then CDR / (WAS * 0.02) else if WAS is greater than 30 and less than or equal to 60 then CDR / 0.6 else if WAS is greater than 60 and less than or equal to 120 then CDR / (0.6 - ((WAS - 60) * 0.0095)) else if WAS is greater than 120 then CDR / 0.03 Cumulative Loss Severity: Sum (Realized Losses) / Sum (Ending Actual Balance for loans that have experienced a loss).

Prepayment ~~Loan~~ Detail - Prepayments during Current Period ~~First~~Summary ~~Original~~Loans ~~Loan~~Paid ~~LTV~~In atFull ~~Payment~~Repurchased ~~Principal~~Loans ~~Prepayment~~Original ~~Group~~Current ~~Number~~Original ~~State~~Current ~~Origination~~Principal ~~Date~~Scheduled ~~Balance~~Principal ~~Amount~~Scheduled ~~Loan~~ Group ICount ~~0011634967~~Balance FLBalance ~~80.00~~Count ~~01-Oct-2006~~Balance ~~138,400.00~~Balance ~~138,123.16~~ Loan Group I ~~0011704335~~5 ~~MD 85.00 01-Dec-2006 331~~865,~~500~~200.00 ~~331~~862,~~357~~380.2099 ~~Loan~~0 ~~Group I 0011722154 NV 82~~0.~~33 01-Jan-2007 307,100.~~00 ~~306,893~~0.~~94 Loan Group I 0011742855 NY 83.~~00 ~~01-Dec-2006 373,500.00 373,250.95~~ Loan Group ~~I 0011764880 FL 84.69 01-Jan-2007 218,500.00 217,790.13 Loan Group I 0011773945 NH 80.00 01-Feb-2007 96,000.00 95,934.93 Loan Group~~ II ~~0011598451~~27 ~~TX 23.11 01-Aug-2006 15~~4,~~000.00 14~~635,~~929~~483.~~93 Loan Group II 0011634968 FL 20.~~00 ~~01-Oct-2006 34~~4,~~600.00 34~~613,~~532~~791.3558 ~~Loan~~1 ~~Group II 0011688116 NJ 80.00 01-Dec-2006 244~~568,~~800.00 244,135.13 Loan Group II 0011688757 FL 90.00 01-Nov-2006 207,~~000.00 ~~206~~567,~~190~~182.4938 ~~Loan~~Total ~~Group~~32 ~~II 0011691422 FL 20.00 01-Nov-2006 110~~5,~~000.00 109,725.28 Loan Group II 0011712309 FL 75.00 01-Dec-2006 532,~~500~~.00 530~~,~~718~~683.~~11 Loan Group II 0011712313 FL 25.~~00 ~~01-Dec-2006 177~~5,~~500.00 177~~476,242.68 Loan Group II 0011724769 CA 80.00 01-Dec-2006 381,560.00 381,007.74 Loan Group II 0011724770 CA 20.00 01-Dec-2006 95,390.00 95,192.15 Loan Group II 0011726324 NY 80.00 01-Dec-2006 580,000.00 579,527.86 Loan Group II 0011732507 CT 80.00 01-Jan-2007 162,800.00 162,563.01 Loan Group II 0011732510 CT 20.00 01-Jan-2007 40,700.00 40,631.89 Loan Group II 0011745639 CA 79.25 01-Jan-2007 420,000.00 419,486.84 Loan Group II 0011752078 ME 80.00 01-Jan-2007 180,000.00 179,435.61 Loan Group II 0011755686 MA 80.00 01-Jan-2007 224,000.00 223,654.67 Loan Group II 0011755710 MA 20.00 01-Jan-2007 56,000.00 55,908.81 Loan Group II 0011771255 FL 85.50 01-Jan-2007 256,500.00 256,500.00 Loan Group II 0073963882 OR 84.92 01-Dec-2006 276,000.00 276,000.00 Loan Group II 0073968459 NJ 85.00 01-Dec-2006 310,250.00 309,792.84 Loan Group II 2000254883 VA 90.00 01-Jan-2007 337,500.00 337,243.82 Loan Group II 2000255012 VA 84.34 26-Jan-2007 140,000.00 139,887.31 Loan Group II 2000255280 MI 75.00 01-Feb-2007 78,750.00 78,580.37 Loan Group II 2000255382 MO 77.73 01-Feb-2007 179,560.00 179,086.80 Loan Group II 2000255490 IL 70.00 01-Feb-2007 115,500.00 115,319.73 Loan Group II 2000255609 IL 75.00 01-Feb-2007 255,000.00 254,462.31 Loan Group II 2000255627 IL 82.86 01-Feb-2007 263,500.00 262,798.54 Loan Group II 2000256146 CA 41.18 01-Jan-2007 70,000.00 69,780.78 Loan Group II 2000256349 NJ 90.00 01-Feb-2007 198,000.00 197,552.41 Loan Group II 2000280827 GA 80.00 01-Feb-2007 180,000.00 179,399.62 Loan Group II 2000281598 IL 82.00 01-Mar-2007 151,700.00 151,435.67 Loan Group II 2000281617 IL 95.00 01-Mar-2007 213,750.00 213,392.66 Loan Group II 2000281701 MD 77.52 01-Mar-2007 362,000.00 361,642.02 Loan Group II 2000281721 CA 36.81 01-Feb-2007 173,000.00 172~~,774~~.8157 ~~Loan~~1 ~~Group II 2000282111 AZ 73.72 01-Feb-2007 115~~568,000.00 ~~114~~567,~~723~~182.49 Loan Group II 2000282313 CT 90.00 01-Mar-2007 661,500.00 661,499.27 Loan Group II 2000282558 NJ 85.00 01-Mar-2007 331,500.00 330,910.42 Loan Group II 2000282626 CA 78.20 01-Feb-2007 520,000.00 519,640.8138

Prepayment ~~Loan~~ Detail - Prepayments during Current Period (continued) ~~Current~~Summary ~~Loan~~Substitution ~~PIF~~Loans ~~Months~~Liquidated ~~Loan~~Loans Curtailments Original ~~Group~~Current ~~Number~~Original ~~Type~~Current ~~Delinquent~~Principal ~~Rate~~Scheduled ~~Term~~Principal ~~Seasoning~~Scheduled ~~Loan~~Curtailment Group ICount ~~0011634967~~Balance ~~Loan~~Balance ~~Paid~~Count inBalance ~~Full~~Balance 0Amount ~~9.420% 360 7~~ Loan Group I ~~0011704335 Loan Paid in Full~~ 0 ~~9.500% 360 5 Loan Group I 0011722154 Loan Paid in Full~~ 0 7.~~870%~~00 ~~360 4 Loan Group I 0011742855 Loan Paid in Full~~ 0 8.~~375%~~00 ~~360 5 Loan Group I 0011764880 Loan Paid in Full~~ 0 ~~8.225% 360 4 Loan Group I 0011773945 Loan Paid in Full~~ 0 7.~~240%~~00 ~~360 3 Loan Group II 0011598451 Loan Paid in Full~~ 0 9.~~990%~~00 180 9 Loan Group II 0011634968 Loan Paid in Full 0 12.870% 180 7 Loan Group II 0011688116 Loan Paid in Full 0 9.990% 360 5 Loan Group II 0011688757 Loan Paid in Full 0 9.000% 360 6 Loan Group II 0011691422 Loan Paid in Full 0 11.125% 180 6 Loan Group II 0011712309 Loan Paid in Full 0 8.990% 360 5 Loan Group II 0011712313 Loan Paid in Full 0 12.875% 360 5 Loan Group II 0011724769 Loan Paid in Full 0 8.650% 360 5 Loan Group II 0011724770 Loan Paid in Full 0 11.250% 360 5 Loan Group II 0011726324 Loan Paid in Full 0 7.850% 360 5 Loan Group II 0011732507 Loan Paid in Full 0 7.990% 360 4 Loan Group II 0011732510 Loan Paid in Full 0 11.375% 360 4 Loan Group II 0011745639 Loan Paid in Full 0 6.245% 360 4 Loan Group II 0011752078 Loan Paid in Full 0 8.400% 360 4 Loan Group II 0011755686 Loan Paid in Full 0 7.790% 360 4 Loan Group II 0011755710 Loan Paid in Full 0 11.500% 360 4 Loan Group II 0011771255 Loan Paid in Full 0 7.595% 360 4 Loan Group II 0073963882 Loan Paid in Full 0 7.640% 360 5 Loan Group II 0073968459 Loan Paid in Full 0 8.590% 360 5 Loan Group II 2000254883 Loan Paid in Full 0 10.190% 360 4 Loan Group II 2000255012 Loan Paid in Full 0 9.240% 360 3 ~~Loan Group II 2000255280 Loan Paid in Full 0 9~~,681.~~420%~~24 ~~360 3~~ Loan Group II ~~2000255382 Loan Paid in Full~~ 0 ~~8.140% 360 3 Loan Group II 2000255490 Loan Paid in Full~~ 0 6.~~990%~~00 ~~360 3 Loan Group II 2000255609 Loan Paid in Full~~ 0 8.~~970%~~00 ~~360~~ 3 ~~Loan Group II 2000255627 Loan Paid in Full 0 8~~436,150.~~090%~~00 ~~360 3 Loan Group II 2000256146 Loan Paid in Full 0 8~~434,474.~~440%~~04 ~~360 4 Loan Group II 2000256349 Loan Paid in Full 0 8~~36,981.~~890%~~05 ~~360~~Total ~~3 Loan Group II 2000280827 Loan Paid in Full~~ 0 ~~7.340% 360 3 Loan Group II 2000281598 Loan Paid in Full~~ 0 8.~~740%~~00 ~~360 2 Loan Group II 2000281617 Loan Paid in Full~~ 0 8.~~940%~~00 ~~360 2 Loan Group II 2000281701 Loan Paid in Full 0 7.540% 360 2 Loan Group II 2000281721 Loan Paid in Full 0 7.590% 360~~ 3 ~~Loan Group II 2000282111 Loan Paid in Full 0 8~~436,150.~~590%~~00 ~~360 3 Loan Group II 2000282313 Loan Paid in Full 0 7~~434,474.~~090%~~04 ~~360 2 Loan Group II 2000282558 Loan Paid in Full 0 8~~40,662.~~640% 360 2 Loan Group II 2000282626 Loan Paid in Full 0 9.750% 360 3~~29

Prepayment ~~Penalty~~Loan Detail - ~~Prepayment~~Prepayments ~~Penalty Paid~~ during Current Period ~~Prepayment~~First ~~Prepayment~~Original ~~Summary~~ Loan ~~Prior~~LTV ~~Penalty~~at ~~Penalty~~Payment ~~Count~~Principal Prepayment Group Number State Origination Date Balance Amount ~~Waived~~Loan Group I 0011690499 IL 90.00 01-Dec-2006 180,000.00 179,546.42 Loan Group I 30011751948 ~~541~~CA 47.77 01-Feb-2007 246,~~038~~000.2200 17245,~~642~~019.53 Loan Group I 0011762756 CA 48.31 01-Jan-2007 285,000.00 283,466.75 Loan Group I 0011772503 CA 38.33 01-Feb-2007 92,000.00 92,000.00 Loan Group I 0011794516 CO 20.00 01-Feb-2007 62,200.00 62,046.44 Loan Group II 0011687968 CA 80.00 01-Nov-2006 568,000.00 567,105.05 Loan Group II 0011705300 CA 20.00 01-Dec-2006 74,000.00 73,711.97 Loan Group II 0011716443 CA 20.00 01-Dec-2006 64,000.00 63,750.85 0Loan Group II 0011718236 CA 20.00 01-Dec-2006 119,000.00 118,536.78 Loan Group II 0011735241 CO 20.00 01-Dec-2006 130,000.00 129,613.50 Loan Group II 0011735702 NJ 75.41 01-Jan-2007 230,000.00 230,000.00 Loan Group II 0011736240 TX 95.00 01-Jan-2007 61,750.00 61,449.36 Loan Group II 0011740022 CA 20.00 01-Dec-2006 95,000.00 94,609.79 Loan Group II 0011755040 MD 91.21 01-Jan-2007 226,200.00 225,998.89 Loan Group II 0011757795 WA 80.00 01-Jan-2007 244,000.00 242,260.57 Loan Group II 0011761039 IL 85.00 01-Dec-2006 311,458.00 307,289.99 Loan Group II 0011761807 CA 20.00 01-Jan-2007 99,000.00 98,642.85 Loan Group II 0011763622 TX 20.00 01-Jan-2007 70,000.00 69,661.21 Loan Group II 0011768748 VA 88.85 01-Dec-2006 152,830.00 150,956.16 3Loan Group II 0011769951 MD 85.69 01-Jan-2007 218,~~920~~500.00 218,~~178~~137.0835 ~~125~~Loan Group II 0011780263 VA 20.00 01-Feb-2007 54,~~161~~000.5800 053,880.48 Loan Group II 0011791756 GA 20.00 ~~Total~~01-Feb-2007 1935,600.00 435,~~461~~504.38 Loan Group II 0011795979 GA 20.00 01-Feb-2007 24,~~216~~000.3000 23,940.72 Loan Group II 0011808470 CA 80.00 01-Feb-2007 359,676.00 359,312.43 Loan Group II 0011808471 CA 20.00 01-Feb-2007 89,919.00 89,618.99 Loan Group II 2000255494 IL 75.00 01-Feb-2007 142,~~804~~500.2100 0141,634.49 Loan Group II 2000255626 IL 90.00 01-Feb-2007 255,600.00 253,890.39 Loan Group II 2000256282 NJ 64.79 01-Jan-2007 230,000.00 228,257.98 Loan Group II 2000281047 TN 90.00 01-Mar-2007 275,400.00 274,149.11 Loan Group II 2000281121 NJ 71.60 01-Mar-2007 290,000.00 288,655.58 Loan Group II 2000281183 PA 80.00 01-Mar-2007 137,600.00 136,893.79 Loan Group II 2000281326 FL 51.14 03-Feb-2007 112,500.00 111,956.69 Loan Group II 2000281419 MO 85.00 01-Mar-2007 149,600.00 149,386.11 Loan Group II 2000281669 ME 75.00 24-Feb-2007 187,500.00 186,377.87 Loan Group II 2000282249 MN 80.00 01-Mar-2007 140,800.00 139,998.03 Loan Group II 2000282605 NJ 83.97 01-Mar-2007 491,200.00 487,858.10

Prepayment ~~Penalty~~ Loan Detail - ~~Prepayment~~Prepayments ~~Penalty Paid~~ during Current Period ~~Paid~~(continued) InCurrent ~~Prepayment Prepayment~~ Loan ~~Full~~PIF ~~Prior~~Months ~~Penalty~~Loan ~~Penalty~~Original Group Number ~~Date~~Type ~~Balance~~Delinquent ~~Amount~~Rate ~~Waived~~Term Seasoning Loan Group I ~~0011634967~~0011690499 ~~05/02/2007~~Loan ~~138,151.19~~Paid ~~5,203~~in Full 2 8.19890% 360 10 Loan Group I 0011751948 Loan Paid in Full 0 6.00900% 360 8 Loan Group I ~~0011722154~~0011762756 ~~04/24/2007~~Loan ~~306,935.69~~Paid in Full 0 9~~,661~~.04855% 360 9 Loan Group I 0011772503 Loan Paid in Full 0 7.00205% 360 8 Loan Group I ~~0011773945~~0011794516 ~~05/01/2007~~Loan ~~95,951.34~~Paid ~~2,778.40~~in 0Full 5 12.00375% 360 8 Loan Group II ~~0011688757~~0011687968 ~~05/09/2007~~Repurchase ~~206,308.74~~6 7~~,420~~.89990% ~~0.00~~360 11 Loan Group II ~~0011732507~~0011705300 ~~05/10/2007~~Loan ~~162,611~~Paid in Full (1) 11.04250% 360 10 Loan Group II 0011716443 Loan Paid in Full 5~~,195.54~~ 011.00250% 360 10 Loan Group II ~~0011732510~~0011718236 ~~05/10/2007~~Loan ~~40,645.77~~Paid ~~2,032.29~~in 0Full 5 11.00250% 360 10 Loan Group II ~~0011745639~~0011735241 ~~05/15/2007~~Loan ~~419,590~~Paid in Full 4 12.54490% 360 10~~,478.81~~ Loan Group II 0011735702 Loan Paid in Full 0 6.00650% 360 9 Loan Group II ~~0073963882~~0011736240 ~~05/01/2007~~Liquidation ~~276,000.00~~5 ~~13,800~~9.00721% ~~0.00~~360 9 Loan Group II ~~2000254883~~0011740022 ~~04/30/2007~~Loan ~~337,295.93~~Paid in Full 6~~,745~~ 11.92000% 360 10 Loan Group II 0011755040 Loan Paid in Full 0 6.00650% 360 9 Loan Group II ~~2000255012~~0011757795 ~~05/09/2007~~Loan ~~139,915.81~~Paid ~~2,798.32~~in Full 0 8.00300% 360 9 Loan Group II ~~2000255280~~0011761039 ~~05/14/2007~~Loan ~~78,620.79~~Paid ~~786.21~~in Full 0 9.00300% 360 10 Loan Group II ~~2000255382~~0011761807 ~~04/19/2007~~Liquidation ~~179,206~~6 10.30625% ~~8,978~~360 9 Loan Group II 0011763622 Loan Paid in Full 3 9.00750% 360 9 Loan Group II 0011768748 Loan Paid in Full 0 6.00500% 360 10 Loan Group II ~~2000256146~~0011769951 ~~05/11/2007~~Loan ~~69,824~~Paid in Full 0 7.95345% 360 9 Loan Group II 0011780263 Loan Paid in Full 2~~,355.78~~ 012.00875% 360 8 Loan Group II ~~2000280827~~0011791756 ~~04/20/2007~~Loan ~~179,540~~Paid in Full 2 11.36990% ~~1,800~~360 8 Loan Group II 0011795979 Loan Paid in Full 4 12.00375% 360 8 Loan Group II 0011808470 Loan Paid in Full 0 8.00375% 360 8 Loan Group II ~~2000281701~~0011808471 ~~05/14/2007~~Loan ~~361,761~~Paid in Full 0 10.88990% ~~3,029~~360 8 Loan Group II 2000255494 Loan Paid in Full 0 8.91440% 360 8 Loan Group II 2000255626 Loan Paid in Full 0 7.00990% 360 8 Loan Group II ~~2000281721~~2000256282 ~~04/20/2007~~Loan ~~172,831~~Paid in Full 0 7.64540% ~~5,248~~360 9 Loan Group II 2000281047 Liquidation 4 8.03940% 360 7 Loan Group II 2000281121 Loan Paid in Full 0 8.00840% 360 7 Loan Group II ~~2000282111~~2000281183 ~~05/01/2007~~Loan ~~114,793.36~~Paid in Full (1~~,150~~) 8.00340% 360 7 Loan Group II 2000281326 Loan Paid in Full 0 8.00640% 360 8 Loan Group II ~~2000282313~~2000281419 ~~04/27/2007~~Loan ~~661,499.27~~Paid ~~33,074.96~~in Full 0 9.00690% 360 7 Loan Group II ~~2000282626~~2000281669 ~~04/24/2007~~Loan ~~519,731~~Paid in Full 0 7.70890% ~~20,266~~360 7 Loan Group II 2000282249 Loan Paid in Full (1) 7.92820% 360 7 Loan Group II 2000282605 Loan Paid in Full 0 7.00020% 360 7

~~Summary~~Prepayment ~~SMM~~Penalty ~~CPR~~Detail ~~PSA~~- ~~Current~~Prepayment ~~Month~~Penalty ~~0.858%~~Paid ~~Current~~during ~~Month 9.821%~~ Current ~~Month~~Period ~~1,467.364%~~Prepayment 3Prepayment ~~Month~~Summary ~~Average~~Loan ~~0.000%~~Prior 3Penalty ~~Month~~Penalty ~~Average~~Count ~~0.000%~~Balance 3Amount ~~Month~~Waived Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CPR: Current vs. 12mo Average* PSA: Current vs. 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Jun-2006 N/A N/A Jun-2006 N/A N/A Jul-2006 N/A 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 9.821% N/A May-2007 1,467.364% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. Loan Group I ~~SMM~~2 ~~CPR PSA Current Month 0~~337,120.~~953%~~97 ~~Current Month 10.852% Current Month 1~~9,~~429~~414.~~784%~~19 ~~3 Month Average~~ 0.~~000%~~00 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CPR: Current vs. 12mo Average* PSA: Current vs. 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Jun-2006 N/A N/A Jun-2006 N/A N/A Jul-2006 N/A 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 10.852% N/A May-2007 1,429.784% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. Loan Group II ~~SMM~~5 ~~CPR PSA Current Month 0~~613,954.~~844%~~17 ~~Current Month 9.666% Current Month 1~~20,~~473.~~667~~% 3 Month Average 0~~.~~000%~~05 ~~3 Month Average~~ 0.~~000%~~00 3Total ~~Month~~7 ~~Average 0~~951,075.~~000%~~14 12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CPR: Current vs. 12mo Average* PSA: Current vs. 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Jun-2006 N/A N/A Jun-2006 N/A N/A Jul-2006 N/A 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 9.666% N/A May-2007 130,~~473~~081.~~667%~~24 N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. Calculation Methodology: Single Month Mortality (SMM): (Partial and full prepayments + Repurchases) / (Beginning Scheduled Balance - Scheduled Principal) Conditional PrePayment Rate (CPR): 1 - ((1 - SMM)^12) PSA Standard Prepayment Model: 100 * CPR / (0.~~2 * MIN(30,WAS)) Weighted Average Seasoning (WAS): sum((Original Term - Remaining Term)*(Current Scheduled Balance/Deal Scheduled Principal Balance))~~00

Prepayment Rates

Repurchases ~~Current~~Due to Breaches Beginning Loan Scheduled Payoff Current Current Number Balance Balance Rate Payment No0011687968 ~~Repurchases~~567,182.38 ~~this~~567,105.05 ~~Period~~7.990% 3,853.82 Totals 567,182.38 567,105.05

~~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 I Current Number of Outstanding Percentage of Number of Outstanding Percentage of Interest Rate Loans Scheduled Balance(%) Loans Scheduled Balance(%) Range(%) Balance($) Balance($) < 4.000 0 0.00 0.000 0 0.00 0.000 4.000 4.499 1 328,730.47 0.~~028~~029 0 0.00 0.000 4.500 4.999 4 1,~~462~~461,~~089~~566.2331 0.~~124~~130 2 560,~~589~~066.2331 0.~~368~~389 5.000 5.499 12 4,~~231~~229,~~581~~837.2011 0.~~360~~378 2 335,000.00 0.~~220~~233 5.500 5.999 9288 3130,~~378~~169,~~255~~810.9794 2.~~672~~693 2120 6,~~834~~521,~~110~~683.5435 4.~~492~~528 6.000 6.499 229 69,~~921~~795,~~277~~019.1751 56.~~954~~230 38 11,~~594~~579,~~499~~271.6052 78.~~621~~040 6.500 6.999 ~~619~~604 ~~174~~170,~~038~~033,~~469~~726.3094 1415.~~819~~177 7976 2221,~~393~~516,~~230~~871.0836 14.~~720~~940 7.000 7.499 ~~664~~638 ~~164~~157,~~061~~270,~~724~~027.1707 1314.~~970~~038 6661 1514,~~743~~711,~~107~~049.2605 10.~~348~~215 7.500 7.999 ~~999~~958 ~~245~~234,~~028~~162,~~857~~115.6022 20.~~864~~901 ~~128~~122 3028,~~303~~231,~~842~~251.8479 19.~~919~~603 8.000 8.499 ~~680~~651 ~~144~~136,~~102~~925,~~397~~057.7408 12.~~270~~222 7876 13,~~872~~443,~~013~~154.2337 9.~~118~~334 8.500 8.999 ~~802~~758 ~~152~~141,~~221~~885,~~389~~836.0308 12.~~962~~664 ~~129~~120 2119,~~489~~560,~~547~~166.3734 1413.~~126~~582 9.000 9.499 ~~391~~369 6661,~~368~~364,~~149~~103.3222 5.~~651~~477 6362 10,~~187~~038,~~035~~379.1891 6.~~696~~970 9.500 9.999 ~~395~~373 5046,~~536~~396,~~842~~204.3353 4.~~303~~141 6157 8,~~613~~029,~~948~~664.4885 5.~~662~~575 10.000 10.499 ~~113~~106 1413,~~299~~198,~~441~~652.0033 1.~~218~~178 2320 3,~~678~~159,~~898~~529.0393 2.~~418~~194 10.500 10.999 ~~276~~267 2322,~~766~~682,~~121~~477.1617 2.~~024~~025 3736 3,~~205~~172,~~627~~657.1024 2.~~107~~203 11.000 11.499 ~~193~~181 1514,~~267~~132,~~331~~125.9718 1.~~300~~261 26 1,~~588~~586,~~676~~157.8629 1.~~044~~101 11.500 11.999 9886 54,~~456~~874,~~244~~500.9904 0.~~465~~435 1311 ~~600~~504,~~056~~930.7075 0.~~394~~351 12.000 12.499 9893 5,~~500~~203,~~578~~492.3503 0.~~468~~464 87 ~~422~~359,~~050~~356.7013 0.~~277~~250 12.500 12.999 ~~108~~105 6,~~258~~058,~~694~~446.5481 0.~~533~~541 19 ~~710~~709,~~671~~333.4008 0.~~467~~493 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 1 182,~~799~~622.9925 0.016 0 0.00 0.000 >= 14.500 0 0.00 0.000 0 0.00 0.000 Total 5,~~775~~524 1,~~174~~120,~~410~~354,~~975~~350.5329 100.000 ~~793~~755 ~~152~~144,~~132~~018,~~904~~523.6027 100.000

Interest Rate Stratification (continued) Loan Group II Current Number of Outstanding Percentage of Interest Rate Loans Scheduled Balance(%) Range(%) Balance($) < 4.000 0 0.00 0.000 4.000 4.499 1 328,730.47 0.~~032~~034 4.500 4.999 2 901,500.00 0.~~088~~092 5.000 5.499 10 3,~~896~~894,~~581~~837.2011 0.~~381~~399 5.500 5.999 7168 2423,~~544~~648,~~145~~127.4359 2.~~401~~422 6.000 6.499 191 58,~~326~~215,~~777~~747.5799 5.~~706~~963 6.500 6.999 ~~540~~528 ~~151~~148,~~645~~516,~~239~~855.2258 1415.~~834~~212 7.000 7.499 ~~598~~577 ~~148~~142,~~318~~558,~~616~~978.9102 14.~~509~~601 7.500 7.999 ~~871~~836 ~~214~~205,~~725~~930,~~014~~863.7643 21.~~005~~092 8.000 8.499 ~~602~~575 ~~130~~123,~~230~~481,~~384~~902.5171 12.~~739~~647 8.500 8.999 ~~673~~638 ~~130~~122,~~731~~325,~~841~~669.6674 12.~~788~~529 9.000 9.499 ~~328~~307 5651,~~181~~325,~~114~~723.1431 5.~~496~~257 9.500 9.999 ~~334~~316 4138,~~922~~366,~~893~~539.8568 43.~~101~~930 10.000 10.499 9086 10,~~620~~039,~~542~~122.9740 1.~~039~~028 10.500 10.999 ~~239~~231 2019,~~560~~509,~~494~~819.0693 21.~~011~~998 11.000 11.499 ~~167~~155 1312,~~678~~545,~~655~~967.1189 1.~~338~~285 11.500 11.999 8575 4,~~856~~369,~~188~~569.29 0.~~475~~448 12.000 12.499 9086 54,~~078~~844,~~527~~135.6590 0.~~497~~496 12.500 12.999 8986 5,~~548~~349,~~023~~113.1473 0.~~543~~548 13.000 13.499 0 0.00 0.000 13.500 13.999 0 0.00 0.000 14.000 14.499 1 182,~~799~~622.9925 0.~~018~~019 >= 14.500 0 0.00 0.000 Total 4,~~982~~769 1976,~~022~~335,~~278,070~~827.9302 100.000

Filing Compare · Morgan Stanley ABS Capital I Inc. Trust 2007-HE5