8-K 1 srm05015_10508.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D. C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): August 25, 2005 STRUCTURED ADJUSTABLE RATE MORTGAGE LOAN TRUST Mortgage Pass-Through Certificates, Series 2005-15 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-120575-39 Pooling and Servicing Agreement) (Commission 54-2176800 (State or other File Number) 54-2176810 jurisdiction 54-2176811 of Incorporation) 54-2176812 IRS EIN c/o Wells Fargo Bank, N.A. 9062 Old Annapolis Road Columbia, MD 21045 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (410) 884-2000 (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act(17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act(17 CFR 240.13e-4(c)) ITEM 8.01 Other Events On August 25, 2005 a distribution was made to holders of STRUCTURED ADJUSTABLE RATE MORTGAGE LOAN TRUST, Mortgage Pass-Through Certificates, Series 2005-15 Trust. ITEM 9.01 Financial Statements and Exhibits (c) Exhibits Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2005-15 Trust, relating to the August 25, 2005 distribution. 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 hereunto duly authorized. STRUCTURED ADJUSTABLE RATE MORTGAGE LOAN TRUST Mortgage Pass-Through Certificates, Series 2005-15 Trust (Registrant) By: Wells Fargo Bank, N.A. as Trustee By: /s/ Beth Belfield as Officer By: Beth Belfield as Officer Date: 8/25/2005 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2005-15 Trust, relating to the August 25, 2005 distribution. EX-99.1

Structured Adjustable Rate Mortgage Trust Mortgage Pass-Through Certificates Record Date: 67/3029/2005 Distribution Date: 78/25/2005 Structured Adjustable Rate Mortgage Trust Mortgage Pass-Through Certificates Series 2005-15 Contact: Customer Service - CTSLink Wells Fargo Bank, N.A. Securities Administration Services 7485 New Horizon Way Frederick, MD 21703 www.ctslink.com Telephone: (301) 815-6600 Fax: (301) 815-6660 Certificateholder Distribution Summary Certificate Certificate Beginning Class Pass-Through Certificate Interest Class CUSIP Description Rate Balance Distribution 1-A1 863579UL0 SEN 5.06000% ~~130~~129,~~200~~207,~~000~~018.0029 ~~549~~544,~~010~~822.0093 1-A2 863579UM8 SEN 5.06000% 7,~~964~~903,~~000~~261.0086 33,~~581~~325.5342 1-AX 863579UN6 SEN 5.06000% 0.00 4645,~~156~~767.4039 1-PAX 863579UP1 SEN 5.06000% 0.00 36,~~526~~375.3589 2-A1 863579UQ9 SEN 5.~~24176~~23691% ~~149~~147,~~390~~455,~~000~~715.0061 ~~652~~643,~~555~~510.4177 2-A2 863579UR7 SEN 5.~~24176~~23691% 9,~~137~~018,~~000~~695.0018 39,~~911~~358.6344 3-A1 863579US5 SEN 5.~~53907~~53929% ~~166~~164,~~486~~447,~~000~~685.0074 ~~768~~759,~~480~~103.6012 3-A2 863579UT3 SEN 5.~~53907~~53929% 21,~~693~~427,~~000~~409.0019 ~~100~~98,~~132~~910.4456 4-A1 863579UU0 SEN 5.~~53616~~53565% ~~486~~476,~~797~~452,~~000~~600.0059 2,~~245~~197,~~822~~895.2852 4-A2 863579UV8 SEN 5.~~53616~~53565% 14,~~446~~139,~~000~~023.0059 6665,~~646~~223.1690 B1 863579UW6 SUB 5.~~42267~~42168% 17,~~729~~726,~~000~~948.0039 80,~~115~~091.4352 B2 863579UX4 SUB 5.~~42267~~42168% 11,~~992~~990,~~000~~612.0028 54,~~190~~174.5538 B3 863579UY2 SUB 5.~~42267~~42168% 3,~~127~~126,~~000~~638.0014 14,~~130~~126.5736 B4 863579UZ9 SUB 5.~~42267~~42168% 6,~~255~~254,~~000~~276.0017 28,~~265~~257.6723 B5 863579VA3 SUB 5.~~42267~~42168% 2,~~085~~084,~~000~~758.0072 9,~~421~~419.8908 B6 863579VB1 SUB 5.~~42267~~42168% 3,~~127~~126,~~000~~638.0014 14,~~130~~126.5736 B7 863579VC9 SUB 5.~~42267~~42168% 2,~~085~~084,~~000~~758.0072 9,~~421~~419.8908 B8 863580VE5 SUB 5.~~42267~~42168% 3,~~648~~647,~~000~~577.0085 16,~~484~~480.9200 B9 863581VF2 SUB 5.~~42267~~42168% 4,~~170~~169,~~000~~517.0044 18,~~843~~838.7815 B10 863582VG0 SUB 5.~~42267~~42168% 2,625,~~380~~076.1231 11,~~863~~860.8127 P-I SRM0515P1 SEN 0.00000% 0.00 0.00 P-II SRM0515P2 SEN 0.00000% 0.00 0.00 R 863579VD7 SEN 5.~~73899~~73659% ~~100~~0.00 0.4800 Totals 1,~~042~~026,~~956~~888,~~480~~212.1221 4,~~795~~721,~~692~~086.3637

Certificateholder Distribution Summary (continued) Current Ending Cumulative Principal Realized Certificate Total Realized Class Distribution Loss Balance Distribution Losses 1-A1 ~~992~~1,~~981~~760,037.7184 0.00 ~~129~~127,~~207~~446,~~018~~980.2945 12,~~541~~304,~~991~~860.7177 0.00 1-A2 60107,~~738~~657.1400 0.00 7,~~903~~795,~~261~~604.86 94140,~~319~~982.6742 0.00 1-AX 0.00 0.00 0.00 4645,~~156~~767.4039 0.00 1-PAX 0.00 0.00 0.00 36,~~526~~375.3589 0.00 2-A1 1,~~934~~383,~~284~~288.3958 0.00 ~~147~~146,~~455~~072,~~715~~427.6103 2,~~586~~026,~~839~~799.8035 0.00 2-A2 ~~118~~84,~~304~~604.8278 0.00 98,~~018~~934,~~695~~090.1841 ~~158~~123,~~216~~963.4522 0.00 3-A1 2851,~~038,314~~413.2699 0.00 ~~164~~163,~~447~~596,~~685~~271.7475 21,~~806~~610,~~794~~517.8611 0.00 3-A2 ~~265~~110,~~590~~938.8160 0.00 21,~~427~~316,~~409~~470.1959 ~~365~~209,~~723~~849.2516 0.00 4-A1 103,~~344~~631,~~399~~441.4198 0.00 ~~476~~472,~~452~~821,~~600~~158.5960 125,~~590~~829,~~221~~337.6950 0.00 4-A2 ~~306~~107,~~976~~765.4127 0.00 14,~~139~~031,~~023~~258.5932 ~~373~~172,~~622~~989.5717 0.00 B1 2,~~051~~426.6111 0.00 17,~~726~~724,~~948~~522.3927 82,~~167~~517.0463 0.00 B2 1,~~387~~641.7204 0.00 11,~~990~~988,~~612~~971.2824 55,~~578~~815.2742 0.00 B3 ~~361~~427.8691 0.00 3,126,~~638~~210.1423 14,~~492~~554.4327 0.00 B4 ~~723~~855.8396 0.00 6,~~254~~253,~~276~~420.1721 2829,~~989~~113.5019 0.00 B5 ~~241~~285.2832 0.00 2,084,~~758~~473.7240 9,~~663~~704.1740 0.00 B6 ~~361~~427.8691 0.00 3,126,~~638~~210.1423 14,~~492~~554.4327 0.00 B7 ~~241~~285.2832 0.00 2,084,~~758~~473.7240 9,~~663~~704.1740 0.00 B8 ~~422~~499.1521 0.00 3,647,~~577~~078.8564 16,~~907~~979.0721 0.00 B9 ~~482~~570.5664 0.00 4,~~169~~168,~~517~~946.4480 19,~~326~~408.3479 0.00 B10 ~~303~~359.8127 0.00 2,~~625~~624,~~076~~717.3104 12,~~167~~219.6254 0.00 P-I 0.00 0.00 0.00 0.00 0.00 P-II 0.00 0.00 0.00 0.00 0.00 R ~~100~~0.00 0.00 0.00 ~~100~~0.4800 0.00 Totals 168,~~068~~044,~~267~~926.9173 0.00 1,~~026~~018,~~888~~843,~~212~~285.2147 2012,~~863~~766,~~960~~013.2710 0.00 All distributions required by the Pooling and Servicing Agreement have been calculated by the Certificate Administrator on behalf of the Trustee. This report has been compiled from information provided to Wells Fargo Bank, N.A. by various third parties, which may include the Servicer, Master Servicer, Special Servicer and others. Wells Fargo Bank, N.A. has not independently confirmed the accuracy of information received from these third parties and assumes no duty to do so. Wells Fargo Bank, N.A. expressly disclaims any responsibility for the accuracy or completeness of information furnished by third parties.

Principal Distribution Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Realized Class Amount Balance Distribution Distribution Accretion Loss (1) 1-A1 130,200,000.00 ~~130~~129,~~200~~207,~~000~~018.0029 2219,~~189~~984.5456 ~~970~~1,~~792~~740,053.1827 0.00 0.00 1-A2 7,964,000.00 7,~~964~~903,~~000~~261.0086 1,~~357~~222.2840 59106,~~380~~434.8760 0.00 0.00 1-AX 0.00 0.00 0.00 0.00 0.00 0.00 1-PAX 0.00 0.00 0.00 0.00 0.00 0.00 2-A1 149,390,000.00 ~~149~~147,~~390~~455,~~000~~715.0061 2119,~~310~~395.4140 1,~~912~~363,~~973~~893.9818 0.00 0.00 2-A2 9,137,000.00 9,~~137~~018,~~000~~695.0018 1,~~303~~186.3926 ~~117~~83,~~001~~418.4351 0.00 0.00 3-A1 166,486,000.00 ~~166~~164,~~486~~447,~~000~~685.0074 20,~~682~~571.4290 2830,~~017,631~~842.8508 0.00 0.00 3-A2 21,693,000.00 21,~~693~~427,~~000~~409.0019 2,~~694~~680.9050 ~~262~~108,~~895~~258.9010 0.00 0.00 4-A1 486,797,000.00 ~~486~~476,~~797~~452,~~000~~600.0059 6765,~~762~~775.6707 103,~~276~~565,~~636~~666.7491 0.00 0.00 4-A2 14,446,000.00 14,~~446~~139,~~000~~023.0059 21,~~010~~951.9092 ~~304~~105,~~965~~813.5136 0.00 0.00 B1 17,729,000.00 17,~~729~~726,~~000~~948.0039 2,~~051~~426.6111 0.00 0.00 0.00 B2 11,992,000.00 11,~~992~~990,~~000~~612.0028 1,~~387~~641.7204 0.00 0.00 0.00 B3 3,127,000.00 3,~~127~~126,~~000~~638.0014 ~~361~~427.8691 0.00 0.00 0.00 B4 6,255,000.00 6,~~255~~254,~~000~~276.0017 ~~723~~855.8396 0.00 0.00 0.00 B5 2,085,000.00 2,~~085~~084,~~000~~758.0072 ~~241~~285.2832 0.00 0.00 0.00 B6 3,127,000.00 3,~~127~~126,~~000~~638.0014 ~~361~~427.8691 0.00 0.00 0.00 B7 2,085,000.00 2,~~085~~084,~~000~~758.0072 ~~241~~285.2832 0.00 0.00 0.00 B8 3,648,000.00 3,~~648~~647,~~000~~577.0085 ~~422~~499.1521 0.00 0.00 0.00 B9 4,170,000.00 4,~~170~~169,~~000~~517.0044 ~~482~~570.5664 0.00 0.00 0.00 B10 2,625,380.12 2,625,~~380~~076.1231 ~~303~~359.8127 0.00 0.00 0.00 P-I 0.00 0.00 0.00 0.00 0.00 0.00 P-II 0.00 0.00 0.00 0.00 0.00 0.00 R 100.00 ~~100~~0.00 20.2300 970.7700 0.00 0.00 Totals 1,042,956,480.12 1,~~042~~026,~~956~~888,~~480~~212.1221 ~~145~~140,~~891~~546.70 157,~~922~~904,~~376~~380.2301 0.00 0.00 (1) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.

Principal Distribution Statement (continued) Total Ending Ending Total Principal Certificate Certificate Principal Class Reduction Balance Percentage Distribution 1-A1 ~~992~~1,~~981~~760,037.7184 ~~129~~127,~~207~~446,~~018~~980.2945 0.~~99237341~~97885546 ~~992~~1,~~981~~760,037.7184 1-A2 60107,~~738~~657.1400 7,~~903~~795,~~261~~604.86 0.~~99237341~~97885546 60107,~~738~~657.1400 1-AX 0.00 0.00 0.00000000 0.00 1-PAX 0.00 0.00 0.00000000 0.00 2-A1 1,~~934~~383,~~284~~288.3958 ~~147~~146,~~455~~072,~~715~~427.6103 0.~~98705212~~97779254 1,~~934~~383,~~284~~288.3958 2-A2 ~~118~~84,~~304~~604.8278 98,~~018~~934,~~695~~090.1841 0.~~98705212~~97779254 ~~118~~84,~~304~~604.8278 3-A1 2851,~~038,314~~413.2699 ~~164~~163,~~447~~596,~~685~~271.7475 0.~~98775684~~98264282 2851,~~038,314~~413.2699 3-A2 ~~265~~110,~~590~~938.8160 21,~~427~~316,~~409~~470.1959 0.~~98775684~~98264282 ~~265~~110,~~590~~938.8160 4-A1 103,~~344~~631,~~399~~441.4198 ~~476~~472,~~452~~821,~~600~~158.5960 0.~~97875008~~97129021 103,~~344~~631,~~399~~441.4198 4-A2 ~~306~~107,~~976~~765.4127 14,~~139~~031,~~023~~258.5932 0.~~97875008~~97129021 ~~306~~107,~~976~~765.4127 B1 2,~~051~~426.6111 17,~~726~~724,~~948~~522.3927 0.~~99988428~~99974743 2,~~051~~426.6111 B2 1,~~387~~641.7204 11,~~990~~988,~~612~~971.2824 0.~~99988428~~99974743 1,~~387~~641.7204 B3 ~~361~~427.8691 3,126,~~638~~210.1423 0.~~99988428~~99974744 ~~361~~427.8691 B4 ~~723~~855.8396 6,~~254~~253,~~276~~420.1721 0.~~99988428~~99974744 ~~723~~855.8396 B5 ~~241~~285.2832 2,084,~~758~~473.7240 0.~~99988428~~99974743 ~~241~~285.2832 B6 ~~361~~427.8691 3,126,~~638~~210.1423 0.~~99988428~~99974744 ~~361~~427.8691 B7 ~~241~~285.2832 2,084,~~758~~473.7240 0.~~99988428~~99974743 ~~241~~285.2832 B8 ~~422~~499.1521 3,647,~~577~~078.8564 0.~~99988428~~99974743 ~~422~~499.1521 B9 ~~482~~570.5664 4,~~169~~168,~~517~~946.4480 0.~~99988428~~99974743 ~~482~~570.5664 B10 ~~303~~359.8127 2,~~625~~624,~~076~~717.3104 0.~~99988428~~99974743 ~~303~~359.8127 P-I 0.00 0.00 0.00000000 0.00 P-II 0.00 0.00 0.00000000 0.00 R ~~100~~0.00 0.00 0.00000000 ~~100~~0.00 Totals 168,~~068~~044,~~267~~926.9173 1,~~026~~018,~~888~~843,~~212~~285.2147 0.~~98459354~~97687996 168,~~068~~044,~~267~~926.9173

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion 1-A1 130,200,000.00 ~~1000~~992.~~00000000~~37341237 0.~~17042657~~15349124 713.~~45616114~~36446444 0.00000000 1-A2 7,964,000.00 ~~1000~~992.~~00000000~~37341286 0.~~17042692~~15349071 713.~~45616148~~36446509 0.00000000 1-AX 0.00 0.00000000 0.00000000 0.00000000 0.00000000 1-PAX 0.00 0.00000000 0.00000000 0.00000000 0.00000000 2-A1 149,390,000.00 ~~1000~~987.~~00000000~~05211601 0.~~14264951~~12983064 129.~~80523449~~12974885 0.00000000 2-A2 9,137,000.00 ~~1000~~987.~~00000000~~05211557 0.~~14264967~~12983036 129.~~80523476~~12974828 0.00000000 3-A1 166,486,000.00 ~~1000~~987.~~00000000~~75684286 0.~~12422918~~12356534 124.~~11892802~~99046214 0.00000000 3-A2 21,693,000.00 ~~1000~~987.~~00000000~~75684276 0.~~12422901~~12356521 124.~~11892776~~99046236 0.00000000 4-A1 486,797,000.00 ~~1000~~978.~~00000000~~75007568 0.~~13920108~~13511807 217.~~11072324~~32475120 0.00000000 4-A2 14,446,000.00 ~~1000~~978.~~00000000~~75007545 0.~~13920116~~13511837 217.~~11072338~~32475149 0.00000000 B1 17,729,000.00 ~~1000~~999.~~00000000~~88427943 0.~~11572057~~13684415 0.00000000 0.00000000 B2 11,992,000.00 ~~1000~~999.~~00000000~~88427952 0.~~11572048~~13684456 0.00000000 0.00000000 B3 3,127,000.00 ~~1000~~999.~~00000000~~88427886 0.~~11572114~~13684362 0.00000000 0.00000000 B4 6,255,000.00 ~~1000~~999.~~00000000~~88427978 0.~~11572022~~13684412 0.00000000 0.00000000 B5 2,085,000.00 ~~1000~~999.~~00000000~~88427818 0.~~11572182~~13684412 0.00000000 0.00000000 B6 3,127,000.00 ~~1000~~999.~~00000000~~88427886 0.~~11572114~~13684362 0.00000000 0.00000000 B7 2,085,000.00 ~~1000~~999.~~00000000~~88427818 0.~~11572182~~13684412 0.00000000 0.00000000 B8 3,648,000.00 ~~1000~~999.~~00000000~~88427906 0.~~11572094~~13684485 0.00000000 0.00000000 B9 4,170,000.00 ~~1000~~999.~~00000000~~88427818 0.~~11572182~~13684412 0.00000000 0.00000000 B10 2,625,380.12 ~~1000~~999.~~00000000~~88427961 0.~~11572039~~13684495 0.00000000 0.00000000 P-I 0.00 0.00000000 0.00000000 0.00000000 0.00000000 P-II 0.00 0.00000000 0.00000000 0.00000000 0.00000000 R 100.00 ~~1000~~0.00000000 220.~~30000000~~00000000 ~~977~~0.~~70000000~~00000000 0.00000000 (2) All classes are per $1,000 denomination

Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution 1-A1 0.00000000 713.~~62658763~~51795576 ~~992~~978.~~37341237~~85545661 0.~~99237341~~97885546 713.~~62658763~~51795576 1-A2 0.00000000 713.~~62658714~~51795580 ~~992~~978.~~37341286~~85545706 0.~~99237341~~97885546 713.~~62658714~~51795580 1-AX 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1-PAX 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 2-A1 0.00000000 129.~~94788399~~25957949 ~~987~~977.~~05211601~~79253652 0.~~98705212~~97779254 129.~~94788399~~25957949 2-A2 0.00000000 129.~~94788443~~25957973 ~~987~~977.~~05211557~~79253694 0.~~98705212~~97779254 129.~~94788443~~25957973 3-A1 0.00000000 125.~~24315714~~11402755 ~~987~~982.~~75684286~~64281531 0.~~98775684~~98264282 125.~~24315714~~11402755 3-A2 0.00000000 125.~~24315724~~11402757 ~~987~~982.~~75684276~~64281519 0.~~98775684~~98264282 125.~~24315724~~11402757 4-A1 0.00000000 217.~~24992432~~45986927 ~~978~~971.~~75007568~~29020639 0.~~97875008~~97129021 217.~~24992432~~45986927 4-A2 0.00000000 217.~~24992455~~45986917 ~~978~~971.~~75007545~~29020629 0.~~97875008~~97129021 217.~~24992455~~45986917 B1 0.00000000 0.~~11572057~~13684415 999.~~88427943~~74743471 0.~~99988428~~99974743 0.~~11572057~~13684415 B2 0.00000000 0.~~11572048~~13684456 999.~~88427952~~74743496 0.~~99988428~~99974743 0.~~11572048~~13684456 B3 0.00000000 0.~~11572114~~13684362 999.~~88427886~~74743524 0.~~99988428~~99974744 0.~~11572114~~13684362 B4 0.00000000 0.~~11572022~~13684412 999.~~88427978~~74743565 0.~~99988428~~99974744 0.~~11572022~~13684412 B5 0.00000000 0.~~11572182~~13684412 999.~~88427818~~74743405 0.~~99988428~~99974743 0.~~11572182~~13684412 B6 0.00000000 0.~~11572114~~13684362 999.~~88427886~~74743524 0.~~99988428~~99974744 0.~~11572114~~13684362 B7 0.00000000 0.~~11572182~~13684412 999.~~88427818~~74743405 0.~~99988428~~99974743 0.~~11572182~~13684412 B8 0.00000000 0.~~11572094~~13684485 999.~~88427906~~74743421 0.~~99988428~~99974743 0.~~11572094~~13684485 B9 0.00000000 0.~~11572182~~13684412 999.~~88427818~~74743405 0.~~99988428~~99974743 0.~~11572182~~13684412 B10 0.00000000 0.~~11572039~~13684495 999.~~88427961~~74743467 0.~~99988428~~99974743 0.~~11572039~~13684495 P-I 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 P-II 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R 0.00000000 ~~1,000~~0.00000000 0.00000000 0.00000000 ~~1,000~~0.00000000 (3) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.

Interest Distribution Statement Beginning Payment of Original Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class Amount Rate Balance Interest Shortfall Shortfall 1-A1 130,200,000.00 5.06000% ~~130~~129,~~200~~207,~~000~~018.0029 ~~549~~544,~~010~~822.0093 0.00 0.00 1-A2 7,964,000.00 5.06000% 7,~~964~~903,~~000~~261.0086 33,~~581~~325.5342 0.00 0.00 1-AX 0.00 5.06000% 10,~~946~~853,~~180~~926.6425 4645,~~156~~767.4039 0.00 0.00 1-PAX 0.00 5.06000% 8,~~662~~626,~~375~~692.2439 36,~~526~~375.3589 0.00 0.00 2-A1 149,390,000.00 5.~~24176~~23691% ~~149~~147,~~390~~455,~~000~~715.0061 ~~652~~643,~~555~~510.4177 0.00 0.00 2-A2 9,137,000.00 5.~~24176~~23691% 9,~~137~~018,~~000~~695.0018 39,~~911~~358.6344 0.00 0.00 3-A1 166,486,000.00 5.~~53907~~53929% ~~166~~164,~~486~~447,~~000~~685.0074 ~~768~~759,~~480~~103.6012 0.00 0.00 3-A2 21,693,000.00 5.~~53907~~53929% 21,~~693~~427,~~000~~409.0019 ~~100~~98,~~132~~910.4456 0.00 0.00 4-A1 486,797,000.00 5.~~53616~~53565% ~~486~~476,~~797~~452,~~000~~600.0059 2,~~245~~197,~~822~~895.2852 0.00 0.00 4-A2 14,446,000.00 5.~~53616~~53565% 14,~~446~~139,~~000~~023.0059 6665,~~646~~223.1690 0.00 0.00 B1 17,729,000.00 5.~~42267~~42168% 17,~~729~~726,~~000~~948.0039 80,~~115~~091.4352 0.00 0.00 B2 11,992,000.00 5.~~42267~~42168% 11,~~992~~990,~~000~~612.0028 54,~~190~~174.5538 0.00 0.00 B3 3,127,000.00 5.~~42267~~42168% 3,~~127~~126,~~000~~638.0014 14,~~130~~126.5736 0.00 0.00 B4 6,255,000.00 5.~~42267~~42168% 6,~~255~~254,~~000~~276.0017 28,~~265~~257.6723 0.00 0.00 B5 2,085,000.00 5.~~42267~~42168% 2,~~085~~084,~~000~~758.0072 9,~~421~~419.8908 0.00 0.00 B6 3,127,000.00 5.~~42267~~42168% 3,~~127~~126,~~000~~638.0014 14,~~130~~126.5736 0.00 0.00 B7 2,085,000.00 5.~~42267~~42168% 2,~~085~~084,~~000~~758.0072 9,~~421~~419.8908 0.00 0.00 B8 3,648,000.00 5.~~42267~~42168% 3,~~648~~647,~~000~~577.0085 16,~~484~~480.9200 0.00 0.00 B9 4,170,000.00 5.~~42267~~42168% 4,~~170~~169,~~000~~517.0044 18,~~843~~838.7815 0.00 0.00 B10 2,625,380.12 5.~~42267~~42168% 2,625,~~380~~076.1231 11,~~863~~860.8127 0.00 0.00 P-I 0.00 0.00000% 0.00 0.00 0.00 0.00 P-II 0.00 0.00000% 0.00 0.00 0.00 0.00 R 100.00 5.~~73899~~73659% ~~100~~0.00 0.4800 0.00 0.00 Totals 1,042,956,480.12 4,~~795~~721,~~692~~086.3637 0.00 0.00

Interest Distribution Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (4) Distribution Shortfall Balance 1-A1 0.00 0.00 ~~549~~544,~~010~~822.0093 0.00 ~~129~~127,~~207~~446,~~018~~980.2945 1-A2 0.00 0.00 33,~~581~~325.5342 0.00 7,~~903~~795,~~261~~604.86 1-AX 0.00 0.00 4645,~~156~~767.4039 0.00 10,~~968~~762,~~962~~850.9412 1-PAX 0.00 0.00 36,~~526~~375.3589 0.00 8,~~650~~627,~~662~~168.3437 2-A1 0.00 0.00 ~~652~~643,~~555~~510.4177 0.00 ~~147~~146,~~455~~072,~~715~~427.6103 2-A2 0.00 0.00 39,~~911~~358.6344 0.00 98,~~018~~934,~~695~~090.1841 3-A1 0.00 0.00 ~~768~~759,~~480~~103.6012 0.00 ~~164~~163,~~447~~596,~~685~~271.7475 3-A2 0.00 0.00 ~~100~~98,~~132~~910.4456 0.00 21,~~427~~316,~~409~~470.1959 4-A1 0.00 0.00 2,~~245~~197,~~822~~895.2852 0.00 ~~476~~472,~~452~~821,~~600~~158.5960 4-A2 0.00 0.00 6665,~~646~~223.1690 0.00 14,~~139~~031,~~023~~258.5932 B1 0.00 0.00 80,~~115~~091.4352 0.00 17,~~726~~724,~~948~~522.3927 B2 0.00 0.00 54,~~190~~174.5538 0.00 11,~~990~~988,~~612~~971.2824 B3 0.00 0.00 14,~~130~~126.5736 0.00 3,126,~~638~~210.1423 B4 0.00 0.00 28,~~265~~257.6723 0.00 6,~~254~~253,~~276~~420.1721 B5 0.00 0.00 9,~~421~~419.8908 0.00 2,084,~~758~~473.7240 B6 0.00 0.00 14,~~130~~126.5736 0.00 3,126,~~638~~210.1423 B7 0.00 0.00 9,~~421~~419.8908 0.00 2,084,~~758~~473.7240 B8 0.00 0.00 16,~~484~~480.9200 0.00 3,647,~~577~~078.8564 B9 0.00 0.00 18,~~843~~838.7815 0.00 4,~~169~~168,~~517~~946.4480 B10 0.00 0.00 11,~~863~~860.8127 0.00 2,~~625~~624,~~076~~717.3104 P-I 0.00 0.00 0.00 0.00 0.00 P-II 0.00 0.00 0.00 0.00 0.00 R 0.00 0.00 0.4800 0.00 0.00 Totals 0.00 0.00 4,~~795~~721,~~692~~086.3637 0.00 (4) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.

Interest Distribution Factors Statement Beginning Payment of Original Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class (5) Amount Rate Balance Interest Shortfall Shortfall 1-A1 130,200,000.00 5.06000% ~~1000~~992.~~00000000~~37341237 4.~~21666667~~18450791 0.00000000 0.00000000 1-A2 7,964,000.00 5.06000% ~~1000~~992.~~00000000~~37341286 4.~~21666625~~18450779 0.00000000 0.00000000 1-AX 0.00 5.06000% ~~1000~~991.~~00322671~~57520138 4.~~21668073~~18114219 0.00000000 0.00000000 1-PAX 0.00 5.06000% ~~1000~~995.~~00207796~~88277775 4.~~21667555~~19930615 0.00000000 0.00000000 2-A1 149,390,000.00 5.~~24176~~23691% ~~1000~~987.~~00000000~~05211601 4.~~36813314~~30758933 0.00000000 0.00000000 2-A2 9,137,000.00 5.~~24176~~23691% ~~1000~~987.~~00000000~~05211557 4.~~36813287~~30758892 0.00000000 0.00000000 3-A1 166,486,000.00 5.~~53907~~53929% ~~1000~~987.~~00000000~~75684286 4.~~61588722~~55956128 0.00000000 0.00000000 3-A2 21,693,000.00 5.~~53907~~53929% ~~1000~~987.~~00000000~~75684276 4.~~61588715~~55956115 0.00000000 0.00000000 4-A1 486,797,000.00 5.~~53616~~53565% ~~1000~~978.~~00000000~~75007568 4.~~61346779~~51501451 0.00000000 0.00000000 4-A2 14,446,000.00 5.~~53616~~53565% ~~1000~~978.~~00000000~~75007545 4.~~61346809~~51501454 0.00000000 0.00000000 B1 17,729,000.00 5.~~42267~~42168% ~~1000~~999.~~00000000~~88427943 4.~~51889165~~51754301 0.00000000 0.00000000 B2 11,992,000.00 5.~~42267~~42168% ~~1000~~999.~~00000000~~88427952 4.~~51889176~~51754336 0.00000000 0.00000000 B3 3,127,000.00 5.~~42267~~42168% ~~1000~~999.~~00000000~~88427886 4.~~51889031~~51754397 0.00000000 0.00000000 B4 6,255,000.00 5.~~42267~~42168% ~~1000~~999.~~00000000~~88427978 4.~~51889209~~51754277 0.00000000 0.00000000 B5 2,085,000.00 5.~~42267~~42168% ~~1000~~999.~~00000000~~88427818 4.~~51889209~~51754436 0.00000000 0.00000000 B6 3,127,000.00 5.~~42267~~42168% ~~1000~~999.~~00000000~~88427886 4.~~51889031~~51754397 0.00000000 0.00000000 B7 2,085,000.00 5.~~42267~~42168% ~~1000~~999.~~00000000~~88427818 4.~~51889209~~51754436 0.00000000 0.00000000 B8 3,648,000.00 5.~~42267~~42168% ~~1000~~999.~~00000000~~88427906 4.~~51889254~~51754386 0.00000000 0.00000000 B9 4,170,000.00 5.~~42267~~42168% ~~1000~~999.~~00000000~~88427818 4.~~51889209~~51754197 0.00000000 0.00000000 B10 2,625,380.12 5.~~42267~~42168% ~~1000~~999.~~00000000~~88427961 4.~~51889230~~51754392 0.00000000 0.00000000 P-I 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 P-II 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 R 100.00 5.~~73899~~73659% ~~1000~~0.00000000 40.~~80000000~~00000000 0.00000000 0.00000000 (5) All classes are per $1,000 denomination

Interest Distribution Factors Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (6) Distribution Shortfall Balance 1-A1 0.00000000 0.00000000 4.~~21666667~~18450791 0.00000000 ~~992~~978.~~37341237~~85545661 1-A2 0.00000000 0.00000000 4.~~21666625~~18450779 0.00000000 ~~992~~978.~~37341286~~85545706 1-AX 0.00000000 0.00000000 4.~~21668073~~18114219 0.00000000 ~~1002~~983.~~08453472~~25481760 1-PAX 0.00000000 0.00000000 4.~~21667555~~19930615 0.00000000 ~~998~~995.~~64991714~~93772584 2-A1 0.00000000 0.00000000 4.~~36813314~~30758933 0.00000000 ~~987~~977.~~05211601~~79253652 2-A2 0.00000000 0.00000000 4.~~36813287~~30758892 0.00000000 ~~987~~977.~~05211557~~79253694 3-A1 0.00000000 0.00000000 4.~~61588722~~55956128 0.00000000 ~~987~~982.~~75684286~~64281531 3-A2 0.00000000 0.00000000 4.~~61588715~~55956115 0.00000000 ~~987~~982.~~75684276~~64281519 4-A1 0.00000000 0.00000000 4.~~61346779~~51501451 0.00000000 ~~978~~971.~~75007568~~29020639 4-A2 0.00000000 0.00000000 4.~~61346809~~51501454 0.00000000 ~~978~~971.~~75007545~~29020629 B1 0.00000000 0.00000000 4.~~51889165~~51754301 0.00000000 999.~~88427943~~74743471 B2 0.00000000 0.00000000 4.~~51889176~~51754336 0.00000000 999.~~88427952~~74743496 B3 0.00000000 0.00000000 4.~~51889031~~51754397 0.00000000 999.~~88427886~~74743524 B4 0.00000000 0.00000000 4.~~51889209~~51754277 0.00000000 999.~~88427978~~74743565 B5 0.00000000 0.00000000 4.~~51889209~~51754436 0.00000000 999.~~88427818~~74743405 B6 0.00000000 0.00000000 4.~~51889031~~51754397 0.00000000 999.~~88427886~~74743524 B7 0.00000000 0.00000000 4.~~51889209~~51754436 0.00000000 999.~~88427818~~74743405 B8 0.00000000 0.00000000 4.~~51889254~~51754386 0.00000000 999.~~88427906~~74743421 B9 0.00000000 0.00000000 4.~~51889209~~51754197 0.00000000 999.~~88427818~~74743405 B10 0.00000000 0.00000000 4.~~51889230~~51754392 0.00000000 999.~~88427961~~74743467 P-I 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 P-II 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R 0.00000000 0.00000000 40.~~80000000~~00000000 0.00000000 0.00000000 (6) Amount Does Not Include Excess Special Hazard, Bankruptcy,or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.

CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 2113,~~105~~006,~~496~~260.4224 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 0.00 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 2113,~~105~~006,~~496~~260.4224 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee ~~241~~240,~~536~~247.1514 Payment of Interest and Principal 2012,~~863~~766,~~960~~013.2710 Total Withdrawals (Pool Distribution Amount) 2113,~~105~~006,~~496~~260.4224 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee ~~237~~235,~~234~~968.8344 Wells Fargo Bank, N.A. - Trustee Fee 4,~~301~~278.3270 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee ~~241~~240,~~536~~247.1514

OTHER ACCOUNTS Beginning Current Current Ending Account Type Balance Withdrawals Deposits Balance Funding Account ~~10,687,730~~0.1900 ~~10,686,378.92~~ 0.00 0.00 1,351.27

LOAN STATUS STRATIFICATION/CREDIT ENHANCEMENT STATEMENT DELINQUENT BANKRUPTCY FORECLOSURE REO Total No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 1535 0 0 0 1535 39,~~368~~255,~~541~~246.7038 0.00 0.00 0.00 39,~~368~~255,~~541~~246.7038 60 Days 03 0 0 0 03 0631,369.0004 0.00 0.00 0.00 0631,369.0004 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 1538 0 0 0 1538 39,~~368~~886,~~541~~615.7042 0.00 0.00 0.00 39,~~368~~886,~~541~~615.7042 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.~~414594~~972222% 0.000000% 0.000000% 0.000000% 0.~~414594~~972222% 0.~~328004~~908318% 0.000000% 0.000000% 0.000000% 0.~~328004~~908318% 60 Days 0.~~000000~~083333% 0.000000% 0.000000% 0.000000% 0.~~000000~~083333% 0.~~000000~~061963% 0.000000% 0.000000% 0.000000% 0.~~000000~~061963% 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 01.~~414594~~055556% 0.000000% 0.000000% 0.000000% 01.~~414594~~055556% 0.~~328004~~970281% 0.000000% 0.000000% 0.000000% 0.~~328004~~970281%

Delinquency Status By Groups

DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group II No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 64 0 0 0 64 1944,~~210,661~~119.7006 0.00 0.00 0.00 1944,~~210,661~~119.7006 60 Days 02 0 0 0 02 0379,369.0004 0.00 0.00 0.00 0379,369.0004 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 6 0 0 0 6 1,~~210~~323,~~661~~488.7010 0.00 0.00 0.00 1,~~210~~323,~~661~~488.7010 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.~~955414~~641026% 0.000000% 0.000000% 0.000000% 0.~~955414~~641026% 0.~~730953~~575121% 0.000000% 0.000000% 0.000000% 0.~~730953~~575121% 60 Days 0.~~000000~~320513% 0.000000% 0.000000% 0.000000% 0.~~000000~~320513% 0.~~000000~~231097% 0.000000% 0.000000% 0.000000% 0.~~000000~~231097% 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.~~955414~~961538% 0.000000% 0.000000% 0.000000% 0.~~955414~~961538% 0.~~730953~~806218% 0.000000% 0.000000% 0.000000% 0.~~730953~~806218% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group III No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 28 0 0 0 28 ~~576~~1,~~000~~703,866.00 0.00 0.00 0.00 ~~576~~1,~~000~~703,866.00 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 28 0 0 0 28 ~~576~~1,~~000~~703,866.00 0.00 0.00 0.00 ~~576~~1,~~000~~703,866.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.~~228571~~918485% 0.000000% 0.000000% 0.000000% 0.~~228571~~918485% 0.~~292775~~870319% 0.000000% 0.000000% 0.000000% 0.~~292775~~870319% 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.~~228571~~918485% 0.000000% 0.000000% 0.000000% 0.~~228571~~918485% 0.~~292775~~870319% 0.000000% 0.000000% 0.000000% 0.~~292775~~870319% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group IV No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 715 0 0 0 715 13,~~581~~926,~~880~~514.0067 0.00 0.00 0.00 13,~~581~~926,~~880~~514.0067 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 715 0 0 0 715 13,~~581~~926,~~880~~514.0067 0.00 0.00 0.00 13,~~581~~926,~~880~~514.0067 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.~~392817~~845070% 0.000000% 0.000000% 0.000000% 0.~~392817~~845070% 0.~~304484~~761266% 0.000000% 0.000000% 0.000000% 0.~~304484~~761266% 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.~~392817~~845070% 0.000000% 0.000000% 0.000000% 0.~~392817~~845070% 0.~~304484~~761266% 0.000000% 0.000000% 0.000000% 0.~~304484~~761266% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 1 AX No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 05 0 0 0 05 01,490,040.0065 0.00 0.00 0.00 01,490,040.0065 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 05 0 0 0 05 01,490,040.0065 0.00 0.00 0.00 01,490,040.0065 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 02.~~000000~~702703% 0.000000% 0.000000% 0.000000% 02.~~000000~~702703% 01.~~000000~~828197% 0.000000% 0.000000% 0.000000% 01.~~000000~~828197% 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 02.~~000000~~702703% 0.000000% 0.000000% 0.000000% 02.~~000000~~702703% 01.~~000000~~828197% 0.000000% 0.000000% 0.000000% 01.~~000000~~828197% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 1 PAX No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 03 0 0 0 03 01,190,706.00 0.00 0.00 0.00 01,190,706.00 60 Days 01 0 0 0 01 0252,000.00 0.00 0.00 0.00 0252,000.00 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 04 0 0 0 04 01,442,706.00 0.00 0.00 0.00 01,442,706.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 02.~~000000~~068966% 0.000000% 0.000000% 0.000000% 02.~~000000~~068966% 01.~~000000~~929289% 0.000000% 0.000000% 0.000000% 01.~~000000~~929289% 60 Days 0.~~000000~~689655% 0.000000% 0.000000% 0.000000% 0.~~000000~~689655% 0.~~000000~~408313% 0.000000% 0.000000% 0.000000% 0.~~000000~~408313% 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 02.~~000000~~758621% 0.000000% 0.000000% 0.000000% 02.~~000000~~758621% 02.~~000000~~337602% 0.000000% 0.000000% 0.000000% 02.~~000000~~337602%

~~Summary~~CREDIT 12ENHANCEMENT ~~Month REO History* New REO Loans Month REO Percentage Loans in REO 0 Aug-04 0.000%~~ Original ~~Principal~~$ ~~Balance 0.00 Sep-04 0.000% Current Principal Balance 0.00 Oct-04 0.000% Nov-04 0.000% Current REO Total Dec-04 0.000% Loans in REO 0 Jan-05 0.000%~~ Original ~~Principal Balance 0.00 Feb-05 0.000~~% Current ~~Principal~~$ Balance 0.00 Mar-05 0.000% Apr-05 0.000% May-05 0.000% Jun-05 0.000% Jul-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. Group II 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 Aug-04 0.000% Original Principal Balance 0.00 Sep-04 0.000% Current ~~Principal Balance 0.00 Oct-04 0.000~~% ~~Nov-04~~Bankruptcy 0361,899.~~000% Current REO Total Dec-04 0.000% Loans in REO 0 Jan-05 0.000% Original Principal Balance 0.~~00 ~~Feb-05~~ 0.~~000~~03469934% ~~Current Principal Balance 0~~361,899.00 ~~Mar-05~~ 0.~~000~~03552058% ~~Apr-05~~Fraud 010,445,728.000% May-05 0.000% Jun-05 0.000% Jul-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. Group III 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 Aug-04 0.000% Original Principal Balance 0.00 ~~Sep-04 0~~1.~~000~~00154975% ~~Current Principal Balance 0~~10,445,728.00 ~~Oct-04 0~~1.~~000~~02525365% ~~Nov-04~~Special ~~0.000%~~Hazard ~~Current REO Total Dec-04 0~~10,268,882.000% Loans in REO 0 Jan-05 0.000% Original Principal Balance 0.00 Feb-05 0.000% Current Principal Balance 0.00 Mar-05 0.000% Apr-05 0.000% May-05 0.000% Jun-05 0.000% Jul-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. Group IV 12 ~~Month REO History* New REO Loans Month REO Percentage Loans in REO~~ 0 ~~Aug-04 0~~.~~000~~98459354% ~~Original Principal Balance 0~~10,188,432.0085 Sep-04 0.000% Current Principal Balance 0.00 Oct-04 0.000% Nov-04 0.000% Current REO Total Dec-04 0.000% Loans in REO 0 Jan-05 0.000% Original Principal Balance 0.00 Feb-05 0.000% Current Principal Balance 0.00 Mar-05 0.000% Apr-05 0.000% May-05 0.000% Jun-05 0.000% Jul-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. Group 1 ~~AX 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 Aug-04 0~~.~~000~~00000000% ~~Original~~Limit ~~Principal~~of ~~Balance~~Subordinate's ~~0.00~~Exposure ~~Sep-04~~to ~~0.000%~~Certain ~~Current~~Types ~~Principal~~of Balance 0.00 Oct-04 0.000% Nov-04 0.000% Current REO Total Dec-04 0.000% Loans in REO 0 Jan-05 0.000% Original Principal Balance 0.00 Feb-05 0.000% Current Principal Balance 0.00 Mar-05 0.000% Apr-05 0.000% May-05 0.000% Jun-05 0.000% Jul-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. Group 1 PAX 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 Aug-04 0.000% Original Principal Balance 0.00 Sep-04 0.000% Current Principal Balance 0.00 Oct-04 0.000% Nov-04 0.000% Current REO Total Dec-04 0.000% Loans in REO 0 Jan-05 0.000% Original Principal Balance 0.00 Feb-05 0.000% Current Principal Balance 0.00 Mar-05 0.000% Apr-05 0.000% May-05 0.000% Jun-05 0.000% Jul-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com.Losses

REO Detail - All Mortgage Loans in REO during Current Period

Foreclosure Detail - All Mortgage Loans in Foreclosure during Current Period

Summary 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 0 ~~Aug~~Sep-04 0.000% Original Principal Balance 0.00 ~~Sep~~Oct-04 0.000% Current Principal Balance 0.00 ~~Oct~~Nov-04 0.000% ~~Nov~~Dec-04 0.000% Current Foreclosure Total ~~Dec~~Jan-0405 0.000% Loans in Foreclosure 0 ~~Jan~~Feb-05 0.000% Original Principal Balance 0.00 ~~Feb~~Mar-05 0.000% Current Principal Balance 0.00 ~~Mar~~Apr-05 0.000% ~~Apr~~May-05 0.000% ~~May~~Jun-05 0.000% ~~Jun~~Jul-05 0.000% ~~Jul~~Aug-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. Group II 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 0 ~~Aug~~Sep-04 0.000% Original Principal Balance 0.00 ~~Sep~~Oct-04 0.000% Current Principal Balance 0.00 ~~Oct~~Nov-04 0.000% ~~Nov~~Dec-04 0.000% Current Foreclosure Total ~~Dec~~Jan-0405 0.000% Loans in Foreclosure 0 ~~Jan~~Feb-05 0.000% Original Principal Balance 0.00 ~~Feb~~Mar-05 0.000% Current Principal Balance 0.00 ~~Mar~~Apr-05 0.000% ~~Apr~~May-05 0.000% ~~May~~Jun-05 0.000% ~~Jun~~Jul-05 0.000% ~~Jul~~Aug-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. Group III 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 0 ~~Aug~~Sep-04 0.000% Original Principal Balance 0.00 ~~Sep~~Oct-04 0.000% Current Principal Balance 0.00 ~~Oct~~Nov-04 0.000% ~~Nov~~Dec-04 0.000% Current Foreclosure Total ~~Dec~~Jan-0405 0.000% Loans in Foreclosure 0 ~~Jan~~Feb-05 0.000% Original Principal Balance 0.00 ~~Feb~~Mar-05 0.000% Current Principal Balance 0.00 ~~Mar~~Apr-05 0.000% ~~Apr~~May-05 0.000% ~~May~~Jun-05 0.000% ~~Jun~~Jul-05 0.000% ~~Jul~~Aug-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. Group IV 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 0 ~~Aug~~Sep-04 0.000% Original Principal Balance 0.00 ~~Sep~~Oct-04 0.000% Current Principal Balance 0.00 ~~Oct~~Nov-04 0.000% ~~Nov~~Dec-04 0.000% Current Foreclosure Total ~~Dec~~Jan-0405 0.000% Loans in Foreclosure 0 ~~Jan~~Feb-05 0.000% Original Principal Balance 0.00 ~~Feb~~Mar-05 0.000% Current Principal Balance 0.00 ~~Mar~~Apr-05 0.000% ~~Apr~~May-05 0.000% ~~May~~Jun-05 0.000% ~~Jun~~Jul-05 0.000% ~~Jul~~Aug-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. Group 1 AX 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 0 ~~Aug~~Sep-04 0.000% Original Principal Balance 0.00 ~~Sep~~Oct-04 0.000% Current Principal Balance 0.00 ~~Oct~~Nov-04 0.000% ~~Nov~~Dec-04 0.000% Current Foreclosure Total ~~Dec~~Jan-0405 0.000% Loans in Foreclosure 0 ~~Jan~~Feb-05 0.000% Original Principal Balance 0.00 ~~Feb~~Mar-05 0.000% Current Principal Balance 0.00 ~~Mar~~Apr-05 0.000% ~~Apr~~May-05 0.000% ~~May~~Jun-05 0.000% ~~Jun~~Jul-05 0.000% ~~Jul~~Aug-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. Group 1 PAX 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 0 ~~Aug~~Sep-04 0.000% Original Principal Balance 0.00 ~~Sep~~Oct-04 0.000% Current Principal Balance 0.00 ~~Oct~~Nov-04 0.000% ~~Nov~~Dec-04 0.000% Current Foreclosure Total ~~Dec~~Jan-0405 0.000% Loans in Foreclosure 0 ~~Jan~~Feb-05 0.000% Original Principal Balance 0.00 ~~Feb~~Mar-05 0.000% Current Principal Balance 0.00 ~~Mar~~Apr-05 0.000% ~~Apr~~May-05 0.000% ~~May~~Jun-05 0.000% ~~Jun~~Jul-05 0.000% ~~Jul~~Aug-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com.

COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Gross Coupon 5.~~805309~~804671% Weighted Average Net Coupon 5.~~532353~~528924% Weighted Average Pass-Through Rate 5.~~517610~~516961% Weighted Average Maturity(Stepdown Calculation) ~~359~~358 Beginning Scheduled Collateral Loan Count 3,~~631~~618 Number Of Loans Paid In Full 1318 Ending Scheduled Collateral Loan Count 3,~~618~~600 Beginning Scheduled Collateral Balance 1,~~042~~026,~~956~~888,~~480~~212.1220 Ending Scheduled Collateral Balance 1,~~026~~018,~~888~~843,~~212~~285.2047 Ending Actual Collateral Balance at 3029-~~Jun~~Jul-2005 1,~~026~~018,~~982~~943,~~408~~092.8729 Monthly P&I Constant 5,~~140~~107,~~001~~837.8620 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Scheduled Principal ~~145~~140,~~891~~546.7072 Unscheduled Principal 57,~~285~~904,~~076~~380.7301

Group Level Collateral Statement Group Group II Group III Group IV Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 5.~~583818~~579450 5.~~815509~~815767 5.~~818096~~817608 Weighted Average Net Rate 5.~~252632~~247856 5.~~565256~~565513 5.~~543997~~543494 Weighted Average Maturity ~~359~~358 ~~359~~358 ~~359~~358 Beginning Loan Count ~~634~~628 ~~876~~875 1,~~785~~782 Loans Paid In Full 64 14 37 Ending Loan Count ~~628~~624 ~~875~~871 1,~~782~~775 Beginning Scheduled Balance ~~167~~165,~~664~~611,~~989~~096.2854 ~~197~~196,~~150~~721,~~617~~451.7833 ~~521~~519,~~374~~481,~~731~~999.8297 Ending Scheduled Balance ~~165~~164,~~611~~142,~~096~~001.5440 ~~196~~195,~~721~~757,~~451~~741.3390 ~~519~~515,~~481~~738,~~999~~804.9735 Record Date 0607/3029/2005 0607/3029/2005 0607/3029/2005 Principal And Interest Constant ~~804~~791,~~093~~799.0112 ~~979~~978,~~934~~014.5436 2,~~600~~590,~~415~~167.9351 Scheduled Principal 2321,~~917~~783.3345 24,~~491~~609.8625 7271,~~575~~715.9335 Unscheduled Principal 21,~~029~~447,~~975~~311.4169 ~~404~~939,~~674~~100.5918 13,~~820~~671,~~155~~480.9227 Scheduled Interest ~~780~~770,~~175~~015.6867 ~~955~~953,~~442~~405.6811 2,~~527~~518,~~840~~452.0016 Servicing Fees 4645,~~273~~763.5402 41,~~114~~025.7130 ~~119~~118,~~089~~664.8817 Master Servicing Fees 0.00 0.00 0.00 Trustee Fee ~~698~~690.6005 ~~821~~819.4667 2,~~172~~164.3951 FRY Amount 0.00 0.00 0.00 Special Hazard Fee 0.00 0.00 0.00 Other Fee 820.6025 3,~~481~~479.7914 1,232.7800 Pool Insurance Fee 0.00 0.00 0.00 Spread 1 0.00 0.00 0.00 Spread 2 0.00 0.00 0.00 Spread 3 0.00 0.00 0.00 Net Interest ~~732~~722,~~382~~742.9435 ~~910~~908,~~024~~081.7200 2,~~405~~396,~~344~~391.9548 Realized Loss Amount 0.00 0.00 0.00 Cumulative Realized Loss 0.00 0.00 0.00 Percentage of Cumulative Losses 0.0000 0.0000 0.0000 Prepayment Penalties 0.00 0.00 0.00 Special Servicing Fee 0.00 0.00 0.00 Pass-Through Rate 5.~~241759~~236912 5.~~539063~~539290 5.~~536160~~535649

Group Level Collateral Statement Group Group 1 AX Group 1 PAX Total Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 5.~~977043~~978160 6.~~031385~~030445 5.~~805309~~804671 Weighted Average Net Rate 5.~~722581~~723952 5.~~781345~~780445 5.~~532353~~528924 Weighted Average Maturity ~~359~~358 ~~359~~358 ~~359~~358 Beginning Loan Count ~~190~~188 ~~146~~145 3,~~631~~618 Loans Paid In Full 23 10 1318 Ending Loan Count ~~188~~185 145 3,~~618~~600 Beginning Scheduled Balance 8483,~~229~~345,~~179~~540.8415 61,~~889~~728,~~661~~124.9121 1,~~032~~026,~~309~~888,~~180~~212.6320 Ending scheduled Balance 8381,~~345~~491,~~540~~229.1512 61,~~728~~713,~~124~~508.2170 1,~~026~~018,~~888~~843,~~212~~285.2047 Record Date 0607/3029/2005 0607/3029/2005 0607/3029/2005 Principal And Interest Constant ~~434~~428,~~958~~715.9985 ~~320~~319,~~599~~140.3936 5,~~140~~107,~~001~~837.8620 Scheduled Principal 1513,~~424~~505.4502 98,~~482~~933.1365 ~~145~~140,~~891~~546.7072 Unscheduled Principal ~~868~~1,~~215~~840,806.2401 ~~162~~5,~~055~~681.5786 57,~~285~~904,~~076~~380.7301 Scheduled Interest ~~419~~415,~~534~~210.5483 ~~311~~310,~~117~~206.2671 4,~~994~~967,~~110~~290.1648 Servicing Fees 17,~~860~~655.9492 12,~~895~~860.7603 ~~237~~235,~~234~~968.8344 Master Servicing Fees 0.00 0.00 0.00 Trustee Fee ~~350~~347.9527 257.9220 4,~~301~~278.3270 FRY Amount 0.00 0.00 0.00 Special Hazard Fee 0.00 0.00 0.00 Other Fee 0.00 ~~427~~426.0368 5,~~962~~958.2007 Pool Insurance Fee 0.00 0.00 0.00 Spread 1 0.00 0.00 0.00 Spread 2 0.00 0.00 0.00 Spread 3 0.00 0.00 0.00 Net Interest ~~401~~397,~~322~~207.6564 ~~297~~296,~~536~~662.5580 4,~~746~~721,~~611~~085.8127 Realized Loss Amount 0.00 0.00 0.00 Cumulative Realized Loss 0.00 0.00 0.00 Percentage of Cumulative Losses 0.0000 0.0000 0.0000 Prepayment Penalties 0.00 0.00 0.00 Special Servicing Fee 0.00 0.00 0.00 Pass-Through Rate 5.~~717581~~718952 5.~~768107~~767150 5.~~517610~~516961

Prepayment Detail - Prepayments during Current Period Summary Loans Paid In Full Repurchased Loans Original Current Original Current Principal Principal Principal Principal Group Count Balance Balance Count Balance Balance Group II 64 1,~~644~~384,~~821~~000.00 1,~~644~~383,~~821~~460.0080 0 0.00 0.00 Group III 14 ~~276~~917,~~000~~630.00 ~~275~~917,~~990~~630.00 0 0.00 0.00 Group IV 37 ~~965~~2,~~000~~357,860.00 ~~964~~2,~~900~~356,920.0071 0 0.00 0.00 Group 1 AX 23 1,~~007~~592,~~768~~300.00 ~~667~~1,~~144~~591,277.1896 0 0.00 0.00 Group 1 PAX 10 ~~156,500~~0.00 ~~156,062~~0.8300 0 0.00 0.00 Total 1318 46,~~050~~251,~~089~~790.00 36,~~708~~249,~~918~~289.0147 0 0.00 0.00

Prepayment Detail - Prepayments during Current Period (continued) Summary Substitution Loans Liquidated Loans Curtailments Original Current Original Current Principal Principal Principal Principal Curtailment Group Count Balance Balance Count Balance Balance Amount Group II 0 0.00 0.00 0 0.00 0.00 ~~385~~64,~~154~~208.4144 Group III 0 0.00 0.00 0 0.00 0.00 ~~128~~21,~~684~~470.5918 Group IV 0 0.00 0.00 0 0.00 0.00 ~~855~~1,~~255~~315,025.9282 Group 1 AX 0 0.00 0.00 0 0.00 0.00 ~~203~~250,~~020~~042.4983 Group 1 PAX 0 0.00 0.00 0 0.00 0.00 65,~~140~~681.0286 Total 0 0.00 0.00 0 0.00 0.00 1,~~578~~656,~~255~~429.4313

Prepayment Loan Detail - Prepayments during Current Period First Original Loan LTV at Payment Principal Prepayment Group Number State Origination Date Balance Amount Group II ~~0030665988~~0030677124 CAAZ 5980.5200 01-Jun-2005 ~~500~~220,000.00 ~~500~~220,000.00 Group II ~~0035449701~~0030700447 FLCA 8580.00 01-Jul-2005 ~~399~~384,~~500~~000.00 ~~399~~383,~~500~~286.79 Group II 0116124587 CA 80.00 01-Jun-2005 680,000.00 679,816.46 Group II ~~0116133596~~0116136227 WAVA 3222.3794 01-May-2005 45100,000.00 45100,000.00 Group IIIII ~~0116135120~~0116386467 FL 80.00 01-Jul-2005 231,920.00 231,920.00 Group III 0116390980 AZ 80.00 01-Jul-2005 295,200.00 295,200.00 Group III 0116392127 ID 5590.7500 01-~~May~~Jul-2005 ~~144~~142,~~900~~110.00 ~~144~~142,~~900~~110.00 Group IIIII ~~0116136649~~0116393612 CATN 90.00 01-Jul-2005 248,400.00 248,400.00 Group IV 0116275983 AZ 80.00 01-~~May~~Jul-2005 ~~301~~123,~~421~~960.00 ~~301~~123,~~421~~960.00 Group IIIV ~~0116136862~~0116277955 WACA 5247.9232 01-~~May~~Jun-2005 ~~254~~265,000.00 ~~254~~265,000.00 Group ~~III~~IV ~~0116393646~~0116371568 MACA 7180.5000 01-~~Jun~~Jul-2005 ~~276~~620,000.00 ~~275~~620,~~990~~000.00 Group IV ~~0115749830~~0116376278 CA 7969.9941 01-~~May~~Jul-2005 ~~596~~590,000.00 ~~596~~590,000.00 Group IV ~~0116273574~~0116377862 MOFL 6276.9625 01-~~Jun~~Jul-2005 ~~119~~305,000.00 ~~118~~305,~~900~~000.00 Group IV ~~0116277732~~0116378720 CA 3352.5624 01-~~Jun~~Jul-2005 ~~250~~210,000.00 ~~250~~209,~~000~~549.94 Group IV 0116379124 MI 78.42 01-May-2005 243,900.00 242,944.51 Group 1 AX ~~0030675086~~0030679054 MAFL 8031.0025 01-Jun-2005 ~~471~~500,~~168~~000.00 ~~130~~498,~~400~~463.5318 Group 1 AX ~~0115127755~~0030743736 MNCA 7980.9900 01-~~Feb~~Jul-2005 ~~536~~396,~~600~~000.00 ~~534~~396,~~794~~000.2200 Group 1 ~~PAX~~AX ~~0116254251~~0030770762 MAAZ 7780.0900 01-~~Apr~~Jul-2005 ~~156~~696,~~500~~300.00 ~~155~~696,~~915~~300.5500

Prepayment Loan Detail - Prepayments during Current Period (continued) Current Loan PIF Months Loan Original Group Number Type Delinquent Rate Term Seasoning Group II ~~0030665988~~0030677124 Loan Paid in Full 0 6.250% 360 2 Group II 0030700447 Loan Paid in Full 0 6.375% 360 2 Group II 0116124587 Loan Paid in Full (1) 65.~~125~~750% 360 12 Group II ~~0035449701~~0116136227 Loan Paid in Full (1) 75.~~250~~500% 360 13 Group IIIII ~~0116133596~~0116386467 Loan Paid in Full 0 5.~~500~~750% 360 2 Group IIIII ~~0116135120~~0116390980 Loan Paid in Full 0 5.875% 360 2 Group III 0116392127 Loan Paid in Full 0 6.375% 360 2 Group IIIII ~~0116136649~~0116393612 Loan Paid in Full 0 56.625% 360 2 Group IIIV ~~0116136862~~0116275983 Loan Paid in Full 0 56.250% 360 2 Group IV 0116277955 Loan Paid in Full 0 6.125% 360 2 Group ~~III~~IV ~~0116393646~~0116371568 Loan Paid in Full ~~(1)~~0 5.~~625~~875% 360 12 Group IV ~~0115749830~~0116376278 Loan Paid in Full ~~(1)~~0 65.~~375~~625% 360 2 Group IV ~~0116273574~~0116377862 Loan Paid in Full ~~(1)~~0 65.~~250~~875% 360 12 Group IV ~~0116277732~~0116378720 Loan Paid in Full ~~(1)~~0 5.~~750~~625% 360 12 Group IV 0116379124 Loan Paid in Full 0 6.125% 360 3 Group 1 AX ~~0030675086~~0030679054 Loan Paid in Full 0 65.875% 360 12 Group 1 AX ~~0115127755~~0030743736 Loan Paid in Full ~~(1)~~0 56.~~625~~000% 360 52 Group 1 ~~PAX~~AX ~~0116254251~~0030770762 Loan Paid in Full 0 6.375% 360 32

Prepayment - Voluntary Prepayments

Summary SMM CPR PSA Current Month 0.~~512~~770% Current Month 58.~~974~~857% Current Month 1,808.372% 3 Month Average 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CPR: Current vs 12mo Average* PSA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Sep-2004 N/A N/A Sep-2004 N/A N/A Oct-2004 N/A N/A Oct-2004 N/A N/A Nov-2004 N/A N/A Nov-2004 N/A N/A Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 N/A N/A May-2005 N/A N/A Jun-2005 N/A N/A Jun-2005 N/A N/A Jul-2005 5.974% N/A Jul-2005 2,065.263% N/A Aug-2005 8.857% N/A Aug-2005 1,808.372% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. Group II SMM CPR PSA Current Month 0.874% Current Month 9.999% Current Month 1,645.884% 3 Month Average 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CPR: Current vs 12mo Average* PSA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Sep-2004 N/A N/A Sep-2004 N/A N/A Oct-2004 N/A N/A Oct-2004 N/A N/A Nov-2004 N/A N/A Nov-2004 N/A N/A Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 N/A N/A May-2005 N/A N/A Jun-2005 N/A N/A Jun-2005 N/A N/A Jul-2005 13.601% N/A Jul-2005 3,350.998% N/A Aug-2005 9.999% N/A Aug-2005 1,645.884% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. Group III SMM CPR PSA Current Month 0.477% Current Month 5.581% Current Month 1,303.781% 3 Month Average 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CPR: Current vs 12mo Average* PSA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Sep-2004 N/A N/A Sep-2004 N/A N/A Oct-2004 N/A N/A Oct-2004 N/A N/A Nov-2004 N/A N/A Nov-2004 N/A N/A Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 N/A N/A May-2005 N/A N/A Jun-2005 N/A N/A Jun-2005 N/A N/A Jul-2005 2.436% N/A Jul-2005 1,068.561% N/A Aug-2005 5.581% N/A Aug-2005 1,303.781% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. Group IV SMM CPR PSA Current Month 0.707% Current Month 8.160% Current Month 1,840.091% 3 Month Average 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CPR: Current vs 12mo Average* PSA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Sep-2004 N/A N/A Sep-2004 N/A N/A Oct-2004 N/A N/A Oct-2004 N/A N/A Nov-2004 N/A N/A Nov-2004 N/A N/A Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 N/A N/A May-2005 N/A N/A Jun-2005 N/A N/A Jun-2005 N/A N/A Jul-2005 4.110% N/A Jul-2005 1,688.394% N/A Aug-2005 8.160% N/A Aug-2005 1,840.091% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. Group 1 AX SMM CPR PSA Current Month 2.209% Current Month 23.513% Current Month 3,457.703% 3 Month Average 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CPR: Current vs 12mo Average* PSA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Sep-2004 N/A N/A Sep-2004 N/A N/A Oct-2004 N/A N/A Oct-2004 N/A N/A Nov-2004 N/A N/A Nov-2004 N/A N/A Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 N/A N/A May-2005 N/A N/A Jun-2005 N/A N/A Jun-2005 N/A N/A Jul-2005 511.~~974~~694% N/A Jul-2005 2,~~065~~467.~~263~~247% N/A Aug-2005 23.513% N/A Aug-2005 3,457.703% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. Group 1 PAX SMM CPR PSA Current Month 0.009% Current Month 0.110% Current Month 21.731% 3 Month Average 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CPR: Current vs 12mo Average* PSA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Sep-2004 N/A N/A Sep-2004 N/A N/A Oct-2004 N/A N/A Oct-2004 N/A N/A Nov-2004 N/A N/A Nov-2004 N/A N/A Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 N/A N/A May-2005 N/A N/A Jun-2005 N/A N/A Jun-2005 N/A N/A Jul-2005 3.097% N/A Jul-2005 1,005.053% N/A Aug-2005 0.110% N/A Aug-2005 21.731% 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))

Realized Loss Report - Collateral Summary

MDR SDA Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% MDR: Current vs 12mo Average* SDA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Aug-2004 N/A N/A Aug-2004 N/A N/A Sep-2004 N/A N/A Sep-2004 N/A N/A Oct-2004 N/A N/A Oct-2004 N/A N/A Nov-2004 N/A N/A Nov-2004 N/A N/A Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 N/A N/A May-2005 N/A N/A Jun-2005 N/A N/A Jun-2005 N/A N/A Jul-2005 0.000% N/A Jul-2005 0.000% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. CDR Loss Severity Approximation Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CDR: Current vs 12mo Average* Loss Severity: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Aug-2004 N/A N/A Aug-2004 N/A N/A Sep-2004 N/A N/A Sep-2004 N/A N/A Oct-2004 N/A N/A Oct-2004 N/A N/A Nov-2004 N/A N/A Nov-2004 N/A N/A Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 N/A N/A May-2005 N/A N/A Jun-2005 N/A N/A Jun-2005 N/A N/A Jul-2005 0.000% N/A Jul-2005 0.000% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. Calculation Methodology: Monthly Default Rate (MDR): sum(Beg Principal Balance of Liquidated Loans)/ sum(Beg Principal Balance). Conditional Default Rate (CDR): 1-((1-MDR)^12) SDA Standard Default Assumption: If WAS is less than or equal to 30 then CDR/(WAS*0.02) else if WAS is greater than 30 and less than or equal to 60 then CDR/0.6 else if WAS is greater than 60 and less than or equal to 120 then CDR/(0.6 - ((WAS-60)*0.0095)) else if WAS is greater than 120 then CDR/0.03 Loss Severity Approximation for current period: sum(Realized Loss Amount)/sum(Beg Principal Balance of Liquidated Loans)

Filing Compare · STRUCTURED ADJUSTABLE RATE MORTGAGE LOAN TRUST SERIES 2005-15