8-K 1 oma05001_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 OPTEUM MORTGATE ACCEPTANCE CORP. Asset Backed Pass-Through Certificates, Series 2005-1 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-120965-01 54-2165612 Pooling and Servicing Agreement) (Commission 54-2165613 (State or other File Number) 54-2165614 jurisdiction 54-2165615 of Incorporation) IRS EIN c/o Wells Fargo Bank, N.A. 9062 Old Annapolis Rd. 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 OPTEUM MORTGATE ACCEPTANCE CORP., Asset Backed Pass-Through Certificates, Series 2005-1 Trust. ITEM 9.01 Financial Statements and Exhibits (c) Exhibits Exhibit Number Description EX-99.1 Monthly report distributed to holders of Asset Backed Pass-Through Certificates, Series 2005-1 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. OPTEUM MORTGATE ACCEPTANCE CORP. Asset Backed Pass-Through Certificates, Series 2005-1 Trust (Registrant) By: Wells Fargo Bank, N.A. as Securities Administrator By: /s/ Beth Belfield as Officer By: Beth Belfield as Officer Date: 8/29/2005 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Asset Backed Pass-Through Certificates, Series 2005-1 Trust, relating to the August 25, 2005 distribution. EX-99.1

Opteum Mortgage Acceptance Corporation Asset Backed Pass-Through Certificates Record Date: 67/3029/2005 Distribution Date: 78/25/2005 Opteum Mortgage Acceptance Corporation Asset Backed Pass-Through Certificates Series 2005-1 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 A1A 68383NAA1 SEN 3.~~61438~~76000% ~~298~~289,~~310~~061,~~905~~377.3942 ~~838~~935,~~606~~916.9850 A1B 68383NAB9 SEN 3.~~66438~~81000% 3332,~~145~~117,~~687~~960.0577 94105,~~467~~373.6468 A2 68383NAC7 SEN 3.~~45438~~60000% ~~125~~114,~~089~~812,~~392~~138.4419 ~~336~~355,~~082~~917.6763 A3 68383NAD5 SEN 3.~~58438~~73000% 127,992,000.00 ~~356~~411,~~822~~103.6419 A4 68383NAE3 SEN 3.~~71438~~86000% 78,375,200.00 ~~226~~260,~~422~~510.9946 M1 68383NAF0 MEZ 3.~~78438~~93000% 18,059,000.00 5361,~~154~~114.9867 M2 68383NAG8 MEZ 3.~~82438~~97000% 14,046,000.00 4148,~~780~~017.0881 M3 68383NAH6 MEZ 34.~~88438~~03000% 8,829,000.00 2630,~~674~~639.0408 M4 68383NAJ2 MEZ 4.~~08438~~23000% 7,224,000.00 2226,~~948~~313.7742 M5 68383NAK9 MEZ 4.~~11438~~26000% 6,421,000.00 2023,~~547~~554.6737 M6 68383NAL7 MEZ 4.~~18438~~33000% 6,421,000.00 2023,~~897~~941.2641 M7 68383NAM5 MEZ 4.~~66438~~81000% 5,618,000.00 2023,~~381~~269.2744 M8 68383NAN3 MEZ 4.~~76438~~91000% 4,816,000.00 1720,~~846~~362.3132 M9 68383NAP8 MEZ 5.~~16438~~31000% 4,816,000.00 1922,~~344~~021.6216 M10 68383NAQ6 MEZ 5.~~16438~~31000% 5,218,000.00 2023,~~959~~859.3531 P OMA05004P SEN 0.00000% 100.00 ~~223~~296,~~971~~825.7209 C OMA05004C SEN 0.00000% 6,019,588.52 1,~~509~~146,~~063~~701.4840 R OMA0500R1 RES 0.00000% 0.00 0.00 Totals ~~750~~729,~~400~~846,~~873~~364.4090 3,~~849~~815,~~972~~440.4794

Certificateholder Distribution Summary (continued) Current Ending Cumulative Principal Realized Certificate Total Realized Class Distribution Loss Balance Distribution Losses A1A 910,~~249~~124,~~527~~217.9698 0.00 ~~289~~278,~~061~~937,~~377~~159.4244 1011,~~088~~060,134.9448 0.00 A1B 1,~~027~~124,~~726~~914.2916 0.00 3230,~~117~~993,~~960~~046.7761 1,~~122~~230,~~193~~287.9384 0.00 A2 1011,~~277~~249,~~254~~132.2514 0.00 ~~114~~103,~~812~~563,~~138~~006.1905 1011,~~613~~605,~~336~~049.9277 0.00 A3 0.00 0.00 127,992,000.00 ~~356~~411,~~822~~103.6419 0.00 A4 0.00 0.00 78,375,200.00 ~~226~~260,~~422~~510.9946 0.00 M1 0.00 0.00 18,059,000.00 5361,~~154~~114.9867 0.00 M2 0.00 0.00 14,046,000.00 4148,~~780~~017.0881 0.00 M3 0.00 0.00 8,829,000.00 2630,~~674~~639.0408 0.00 M4 0.00 0.00 7,224,000.00 2226,~~948~~313.7742 0.00 M5 0.00 0.00 6,421,000.00 2023,~~547~~554.6737 0.00 M6 0.00 0.00 6,421,000.00 2023,~~897~~941.2641 0.00 M7 0.00 0.00 5,618,000.00 2023,~~381~~269.2744 0.00 M8 0.00 0.00 4,816,000.00 1720,~~846~~362.3132 0.00 M9 0.00 0.00 4,816,000.00 1922,~~344~~021.6216 0.00 M10 0.00 0.00 5,218,000.00 2023,~~959~~859.3531 0.00 P 0.00 0.00 100.00 ~~223~~296,~~971~~825.7209 0.00 C 0.00 0.00 6,019,588.52 1,~~509~~146,~~063~~701.4840 0.00 R 0.00 0.00 0.00 0.00 0.00 Totals 2022,~~554~~498,~~508~~264.5028 0.00 ~~729~~707,~~846~~348,~~364~~100.9062 2426,~~404~~313,~~480~~705.9722 0.00 All distributions required by the Pooling and Servicing Agreement have been calculated by the Certificate Administrator on behalf of the Trustee.

Principal Distribution Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Realized Class Amount Balance Distribution Distribution Accretion Loss (1) A1A 321,811,800.00 ~~298~~289,~~310~~061,~~905~~377.3942 0.00 910,~~249~~124,~~527~~217.9698 0.00 0.00 A1B 35,756,900.00 3332,~~145~~117,~~687~~960.0577 0.00 1,~~027~~124,~~726~~914.2916 0.00 0.00 A2 151,201,500.00 ~~125~~114,~~089~~812,~~392~~138.4419 0.00 1011,~~277~~249,~~254~~132.2514 0.00 0.00 A3 127,992,000.00 127,992,000.00 0.00 0.00 0.00 0.00 A4 78,375,200.00 78,375,200.00 0.00 0.00 0.00 0.00 M1 18,059,000.00 18,059,000.00 0.00 0.00 0.00 0.00 M2 14,046,000.00 14,046,000.00 0.00 0.00 0.00 0.00 M3 8,829,000.00 8,829,000.00 0.00 0.00 0.00 0.00 M4 7,224,000.00 7,224,000.00 0.00 0.00 0.00 0.00 M5 6,421,000.00 6,421,000.00 0.00 0.00 0.00 0.00 M6 6,421,000.00 6,421,000.00 0.00 0.00 0.00 0.00 M7 5,618,000.00 5,618,000.00 0.00 0.00 0.00 0.00 M8 4,816,000.00 4,816,000.00 0.00 0.00 0.00 0.00 M9 4,816,000.00 4,816,000.00 0.00 0.00 0.00 0.00 M10 5,218,000.00 5,218,000.00 0.00 0.00 0.00 0.00 P 100.00 100.00 0.00 0.00 0.00 0.00 C 6,019,636.52 6,019,588.52 0.00 0.00 0.00 0.00 R 0.00 0.00 0.00 0.00 0.00 0.00 Totals 802,625,136.52 ~~750~~729,~~400~~846,~~873~~364.4090 0.00 2022,~~554~~498,~~508~~264.5028 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 A1A 910,~~249~~124,~~527~~217.9698 ~~289~~278,~~061~~937,~~377~~159.4244 0.~~89823113~~86677107 910,~~249~~124,~~527~~217.9698 A1B 1,~~027~~124,~~726~~914.2916 3230,~~117~~993,~~960~~046.7761 0.~~89823113~~86677107 1,~~027~~124,~~726~~914.2916 A2 1011,~~277~~249,~~254~~132.2514 ~~114~~103,~~812~~563,~~138~~006.1905 0.~~75933201~~68493372 1011,~~277~~249,~~254~~132.2514 A3 0.00 127,992,000.00 1.00000000 0.00 A4 0.00 78,375,200.00 1.00000000 0.00 M1 0.00 18,059,000.00 1.00000000 0.00 M2 0.00 14,046,000.00 1.00000000 0.00 M3 0.00 8,829,000.00 1.00000000 0.00 M4 0.00 7,224,000.00 1.00000000 0.00 M5 0.00 6,421,000.00 1.00000000 0.00 M6 0.00 6,421,000.00 1.00000000 0.00 M7 0.00 5,618,000.00 1.00000000 0.00 M8 0.00 4,816,000.00 1.00000000 0.00 M9 0.00 4,816,000.00 1.00000000 0.00 M10 0.00 5,218,000.00 1.00000000 0.00 P 0.00 100.00 1.00000000 0.00 C 0.00 6,019,588.52 0.99999203 0.00 R 0.00 0.00 0.00000000 0.00 Totals 2022,~~554~~498,~~508~~264.5028 ~~729~~707,~~846~~348,~~364~~100.9062 0.~~90932408~~88129323 2022,~~554~~498,~~508~~264.5028

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A1A 321,811,800.00 ~~926~~898.~~97317311~~23113205 0.00000000 2831.~~74204103~~46005827 0.00000000 A1B 35,756,900.00 ~~926~~898.~~97317301~~23113217 0.00000000 2831.~~74204112~~46005834 0.00000000 A2 151,201,500.00 ~~827~~759.~~30258919~~33200524 0.00000000 6774.~~97058396~~39828401 0.00000000 A3 127,992,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A4 78,375,200.00 1000.00000000 0.00000000 0.00000000 0.00000000 M1 18,059,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M2 14,046,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M3 8,829,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M4 7,224,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M5 6,421,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M6 6,421,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M7 5,618,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M8 4,816,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M9 4,816,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M10 5,218,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 P 100.00 1000.00000000 0.00000000 0.00000000 0.00000000 C 6,019,636.52 999.99202610 0.00000000 0.00000000 0.00000000 R 0.00 0.00000000 0.00000000 0.00000000 0.00000000 (2) 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 A1A 0.00000000 2831.~~74204103~~46005827 ~~898~~866.~~23113205~~77107378 0.~~89823113~~86677107 2831.~~74204103~~46005827 A1B 0.00000000 2831.~~74204112~~46005834 ~~898~~866.~~23113217~~77107383 0.~~89823113~~86677107 2831.~~74204112~~46005834 A2 0.00000000 6774.~~97058396~~39828401 ~~759~~684.~~33200524~~93372123 0.~~75933201~~68493372 6774.~~97058396~~39828401 A3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M5 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M6 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M7 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M8 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M9 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M10 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 P 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 C 0.00000000 0.00000000 999.99202610 0.99999203 0.00000000 R 0.00000000 0.00000000 0.00000000 0.00000000 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 A1A 321,811,800.00 3.~~61438~~76000% ~~298~~289,~~310~~061,~~905~~377.3942 ~~838~~935,~~606~~916.9850 0.00 0.00 A1B 35,756,900.00 3.~~66438~~81000% 3332,~~145~~117,~~687~~960.0577 94105,~~467~~373.6468 0.00 0.00 A2 151,201,500.00 3.~~45438~~60000% ~~125~~114,~~089~~812,~~392~~138.4419 ~~336~~355,~~082~~917.6763 0.00 0.00 A3 127,992,000.00 3.~~58438~~73000% 127,992,000.00 ~~356~~411,~~822~~103.6419 0.00 0.00 A4 78,375,200.00 3.~~71438~~86000% 78,375,200.00 ~~226~~260,~~422~~510.9946 0.00 0.00 M1 18,059,000.00 3.~~78438~~93000% 18,059,000.00 5361,~~154~~114.9867 0.00 0.00 M2 14,046,000.00 3.~~82438~~97000% 14,046,000.00 4148,~~780~~017.0881 0.00 0.00 M3 8,829,000.00 34.~~88438~~03000% 8,829,000.00 2630,~~674~~639.0408 0.00 0.00 M4 7,224,000.00 4.~~08438~~23000% 7,224,000.00 2226,~~948~~313.7742 0.00 0.00 M5 6,421,000.00 4.~~11438~~26000% 6,421,000.00 2023,~~547~~554.6737 0.00 0.00 M6 6,421,000.00 4.~~18438~~33000% 6,421,000.00 2023,~~897~~941.2641 0.00 0.00 M7 5,618,000.00 4.~~66438~~81000% 5,618,000.00 2023,~~381~~269.2744 0.00 0.00 M8 4,816,000.00 4.~~76438~~91000% 4,816,000.00 1720,~~846~~362.3132 0.00 0.00 M9 4,816,000.00 5.~~16438~~31000% 4,816,000.00 1922,~~344~~021.6216 0.00 0.00 M10 5,218,000.00 5.~~16438~~31000% 5,218,000.00 2023,~~959~~859.3531 0.00 0.00 P 100.00 0.00000% 100.00 0.00 0.00 0.00 C 6,019,636.52 0.00000% 6,019,588.52 0.00 0.00 0.00 R 0.00 0.00000% 0.00 0.00 0.00 0.00 Totals 802,625,136.52 2,~~116~~371,~~937~~914.2745 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 A1A 0.00 0.00 ~~838~~935,~~606~~916.9850 0.00 ~~289~~278,~~061~~937,~~377~~159.4244 A1B 0.00 0.00 94105,~~467~~373.6468 0.00 3230,~~117~~993,~~960~~046.7761 A2 0.00 0.00 ~~336~~355,~~082~~917.6763 0.00 ~~114~~103,~~812~~563,~~138~~006.1905 A3 0.00 0.00 ~~356~~411,~~822~~103.6419 0.00 127,992,000.00 A4 0.00 0.00 ~~226~~260,~~422~~510.9946 0.00 78,375,200.00 M1 0.00 0.00 5361,~~154~~114.9867 0.00 18,059,000.00 M2 0.00 0.00 4148,~~780~~017.0881 0.00 14,046,000.00 M3 0.00 0.00 2630,~~674~~639.0408 0.00 8,829,000.00 M4 0.00 0.00 2226,~~948~~313.7742 0.00 7,224,000.00 M5 0.00 0.00 2023,~~547~~554.6737 0.00 6,421,000.00 M6 0.00 0.00 2023,~~897~~941.2641 0.00 6,421,000.00 M7 0.00 0.00 2023,~~381~~269.2744 0.00 5,618,000.00 M8 0.00 0.00 1720,~~846~~362.3132 0.00 4,816,000.00 M9 0.00 0.00 1922,~~344~~021.6216 0.00 4,816,000.00 M10 0.00 0.00 2023,~~959~~859.3531 0.00 5,218,000.00 P 0.00 0.00 ~~223~~296,~~971~~825.7209 0.00 100.00 C 0.00 0.00 1,~~509~~146,~~063~~701.4840 0.00 6,019,588.52 R 0.00 0.00 0.00 0.00 0.00 Totals 0.00 0.00 3,~~849~~815,~~972~~440.4794 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 A1A 321,811,800.00 3.~~61438~~76000% ~~926~~898.~~97317311~~23113205 2.~~60589257~~90827279 0.00000000 0.00000000 A1B 35,756,900.00 3.~~66438~~81000% ~~926~~898.~~97317301~~23113217 2.~~64194156~~94694674 0.00000000 0.00000000 A2 151,201,500.00 3.~~45438~~60000% ~~827~~759.~~30258919~~33200524 2.~~22274693~~35392923 0.00000000 0.00000000 A3 127,992,000.00 3.~~58438~~73000% 1000.00000000 23.~~78785112~~21194442 0.00000000 0.00000000 A4 78,375,200.00 3.~~71438~~86000% 1000.00000000 23.~~88896220~~32388893 0.00000000 0.00000000 M1 18,059,000.00 3.~~78438~~93000% 1000.00000000 23.~~94340661~~38416690 0.00000000 0.00000000 M2 14,046,000.00 3.~~82438~~97000% 1000.00000000 23.~~97451801~~41861099 0.00000000 0.00000000 M3 8,829,000.00 34.~~88438~~03000% 1000.00000000 3.~~02118473~~47027749 0.00000000 0.00000000 M4 7,224,000.00 4.~~08438~~23000% 1000.00000000 3.~~17674003~~64250000 0.00000000 0.00000000 M5 6,421,000.00 4.~~11438~~26000% 1000.00000000 3.~~20007320~~66833359 0.00000000 0.00000000 M6 6,421,000.00 4.~~18438~~33000% 1000.00000000 3.~~25451799~~72861081 0.00000000 0.00000000 M7 5,618,000.00 4.~~66438~~81000% 1000.00000000 34.~~62785155~~14194375 0.00000000 0.00000000 M8 4,816,000.00 4.~~76438~~91000% 1000.00000000 34.~~70562915~~22805648 0.00000000 0.00000000 M9 4,816,000.00 5.~~16438~~31000% 1000.00000000 4.~~01674003~~57250000 0.00000000 0.00000000 M10 5,218,000.00 5.~~16438~~31000% 1000.00000000 4.~~01674013~~57250096 0.00000000 0.00000000 P 100.00 0.00000% 1000.00000000 0.00000000 0.00000000 0.00000000 C 6,019,636.52 0.00000% 999.99202610 0.00000000 0.00000000 0.00000000 R 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 (5) 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 A1A 0.00000000 0.00000000 2.~~60589257~~90827279 0.00000000 ~~898~~866.~~23113205~~77107378 A1B 0.00000000 0.00000000 2.~~64194156~~94694674 0.00000000 ~~898~~866.~~23113217~~77107383 A2 0.00000000 0.00000000 2.~~22274693~~35392923 0.00000000 ~~759~~684.~~33200524~~93372123 A3 0.00000000 0.00000000 23.~~78785112~~21194442 0.00000000 1000.00000000 A4 0.00000000 0.00000000 23.~~88896220~~32388893 0.00000000 1000.00000000 M1 0.00000000 0.00000000 23.~~94340661~~38416690 0.00000000 1000.00000000 M2 0.00000000 0.00000000 23.~~97451801~~41861099 0.00000000 1000.00000000 M3 0.00000000 0.00000000 3.~~02118473~~47027749 0.00000000 1000.00000000 M4 0.00000000 0.00000000 3.~~17674003~~64250000 0.00000000 1000.00000000 M5 0.00000000 0.00000000 3.~~20007320~~66833359 0.00000000 1000.00000000 M6 0.00000000 0.00000000 3.~~25451799~~72861081 0.00000000 1000.00000000 M7 0.00000000 0.00000000 34.~~62785155~~14194375 0.00000000 1000.00000000 M8 0.00000000 0.00000000 34.~~70562915~~22805648 0.00000000 1000.00000000 M9 0.00000000 0.00000000 4.~~01674003~~57250000 0.00000000 1000.00000000 M10 0.00000000 0.00000000 4.~~01674013~~57250096 0.00000000 1000.00000000 P 0.00000000 0.00000000 ~~2239717~~2968250.~~20000000~~90000000 0.00000000 1000.00000000 C 0.00000000 0.00000000 ~~250~~190.~~69013303~~49346189 0.00000000 999.99202610 R 0.00000000 0.00000000 0.00000000 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 2426,~~362~~180,~~726~~892.3630 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 4672,~~638~~404.2517 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties ~~223~~296,~~971~~825.7209 Total Deposits 2426,~~633~~550,~~336~~121.3356 Withdrawals Reimbursement for Servicer Advances 3346,~~309~~638.0425 Payment of Service Fee ~~195~~189,~~546~~778.3209 Payment of Interest and Principal 2426,~~404~~313,~~480~~705.9722 Total Withdrawals (Pool Distribution Amount) 2426,~~633~~550,~~336~~121.3356 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee ~~169~~164,~~076~~064.5153 LPMI 18,~~653~~110.1399 Master Servicing Fee 7,~~816~~602.6857 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee ~~195~~189,~~546~~778.3209

OTHER ACCOUNTS Beginning Current Current Ending Account Type Balance Withdrawals Deposits Balance Reserve Fund 0.00 1,~~509~~146,~~063~~701.4840 1,~~509~~146,~~063~~701.4840 0.00 Financial Guaranty 0.00 0.00 0.00 0.00

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 4 0 0 4 571,~~423~~213.7534 0.00 0.00 571,~~423~~213.7534 30 Days 2330 0 10 0 2430 47,~~534~~553,~~167~~793.5629 0.00 ~~191,100~~0.00 0.00 47,~~725~~553,~~267~~793.5629 60 Days 25 0 211 0 416 ~~353~~728,~~359~~949.3973 0.00 ~~267~~2,~~888~~631,413.1262 0.00 ~~621~~3,~~247~~360,363.5135 90 Days 20 0 50 0 70 ~~154,896~~0.7000 0.00 ~~1,060,646~~0.3500 0.00 ~~1,215,543~~0.0500 120 Days 41 02 3 0 76 ~~659~~47,~~054~~965.7043 0343,646.0094 ~~655~~344,~~049~~503.6087 0.00 1736,~~314,104~~116.3024 150 Days 02 0 02 0 04 0234,203.0084 0.00 0439,350.0086 0.00 0673,554.0070 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 3138 46 1116 0 4660 58,~~701~~564,~~478~~912.3529 ~~571~~914,~~423~~860.7528 23,~~174~~415,~~684~~268.0735 0.00 812,~~447~~895,~~586~~040.1792 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.~~119154~~122662% 0.000000% 0.000000% 0.~~119154~~122662% 0.~~078269~~080728% 0.000000% 0.000000% 0.~~078269~~080728% 30 Days 0.~~685136~~919963% 0.000000% 0.~~029789~~000000% 0.000000% 0.~~714924~~919963% 01.~~621052~~067558% 0.000000% 0.~~026175~~000000% 0.000000% 01.~~647227~~067558% 60 Days 0.~~059577~~153327% 0.000000% 0.~~059577~~337320% 0.000000% 0.~~119154~~490647% 0.~~048400~~103021% 0.000000% 0.~~036693~~371891% 0.000000% 0.~~085093~~474911% 90 Days 0.~~059577~~000000% 0.000000% 0.~~148943~~000000% 0.000000% 0.~~208520~~000000% 0.~~021216~~000000% 0.000000% 0.~~145278~~000000% 0.000000% 0.~~166495~~000000% 120 Days 0.~~119154~~030665% 0.~~000000~~061331% 0.~~089366~~091996% 0.000000% 0.~~208520~~183993% 0.~~090272~~006779% 0.~~000000~~048567% 0.~~089723~~048688% 0.000000% 0.~~179995~~104033% 150 Days 0.~~000000~~061331% 0.000000% 0.~~000000~~061331% 0.000000% 0.~~000000~~122662% 0.~~000000~~033099% 0.000000% 0.~~000000~~062092% 0.000000% 0.~~000000~~095192% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 01.~~923444~~165287% 0.~~119154~~183993% 0.~~327674~~490647% 0.000000% 1.~~370271~~839926% 01.~~780940~~210457% 0.~~078269~~129295% 0.~~297870~~482671% 0.000000% 1.~~157078~~822422%

Delinquency Status By Groups

DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 1 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 3 0 0 3 504,~~811~~650.4592 0.00 0.00 504,~~811~~650.4592 30 Days 1520 0 10 0 1620 36,~~647~~255,~~532~~106.9481 0.00 ~~191,100~~0.00 0.00 36,~~838~~255,~~632~~106.9481 60 Days 12 0 111 0 213 ~~301~~496,~~447~~900.7700 0.00 ~~153~~2,~~910~~631,413.6862 0.00 ~~455~~3,~~358~~128,313.4562 90 Days 0 0 30 0 30 0.00 0.00 ~~823,073~~0.7500 0.00 ~~823,073~~0.7500 120 Days 3 0 12 0 40 ~~628,095.32~~2 0.00 ~~207~~343,~~345~~646.3694 0.00 ~~835~~0.00 343,~~440~~646.6894 150 Days 01 0 01 0 02 0203,244.0046 0.00 064,850.0086 0.00 0268,095.0032 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 1923 35 612 0 2840 46,~~577~~955,~~076~~251.0327 ~~504~~848,~~811~~297.4586 12,~~375~~696,~~429~~264.7948 0.00 610,~~457~~499,~~317~~813.2761 0-29 Days 0.~~144231~~148515% 0.000000% 0.000000% 0.~~144231~~148515% 0.~~094147~~097230% 0.000000% 0.000000% 0.~~094147~~097230% 30 Days 0.~~721154~~990099% 0.000000% 0.~~048077~~000000% 0.000000% 0.~~769231~~990099% 01.~~680260~~205163% 0.000000% 0.~~035640~~000000% 0.000000% 01.~~715900~~205163% 60 Days 0.~~048077~~099010% 0.000000% 0.~~048077~~544554% 0.000000% 0.~~096154~~643564% 0.~~056220~~095737% 0.000000% 0.~~028704~~506991% 0.000000% 0.~~084924~~602728% 90 Days 0.000000% 0.000000% 0.~~144231~~000000% 0.000000% 0.~~144231~~000000% 0.000000% 0.000000% 0.~~153502~~000000% 0.000000% 0.~~153502~~000000% 120 Days 0.~~144231~~000000% 0.~~000000~~099010% 0.~~048077~~000000% 0.000000% 0.~~192308~~099010% 0.~~117139~~000000% 0.~~000000~~066210% 0.~~038670~~000000% 0.000000% 0.~~155809~~066210% 150 Days 0.~~000000~~049505% 0.000000% 0.~~000000~~049505% 0.000000% 0.~~000000~~099010% 0.~~000000~~039159% 0.000000% 0.~~000000~~012495% 0.000000% 0.~~000000~~051654% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 01.~~913462~~138614% 0.~~144231~~247525% 0.~~288462~~594059% 0.000000% 1.~~346154~~980198% 01.~~853618~~340059% 0.~~094147~~163440% 0.~~256516~~519486% 0.000000% 12.~~204281~~022986% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 2 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 1 0 0 1 66,~~612~~562.3042 0.00 0.00 66,~~612~~562.3042 30 Days 810 0 0 0 810 ~~886~~1,~~634~~298,686.6248 0.00 0.00 0.00 ~~886~~1,~~634~~298,686.6248 60 Days 13 0 10 0 23 51232,~~911~~049.6273 0.00 ~~113,977~~0.4400 0.00 ~~165~~232,~~889~~049.0673 90 Days 20 0 20 0 40 ~~154,896~~0.7000 0.00 ~~237,572~~0.6000 0.00 ~~392,469~~0.3000 120 Days 1 0 23 0 34 3047,~~959~~965.3843 0.00 ~~447~~344,~~704~~503.2487 0.00 ~~478~~392,~~663~~469.6230 150 Days 01 0 01 0 02 030,959.0038 0.00 0374,500.00 0.00 0405,459.0038 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 1215 1 54 0 1820 1,~~124~~609,~~402~~661.3202 66,~~612~~562.3042 ~~799~~719,~~254~~003.2887 0.00 12,~~990~~395,~~268~~227.9031 0-29 Days 0.~~078309~~080580% 0.000000% 0.000000% 0.~~078309~~080580% 0.~~034357~~035302% 0.000000% 0.000000% 0.~~034357~~035302% 30 Days 0.~~626468~~805802% 0.000000% 0.000000% 0.000000% 0.~~626468~~805802% 0.~~457306~~688771% 0.000000% 0.000000% 0.000000% 0.~~457306~~688771% 60 Days 0.~~078309~~241741% 0.000000% 0.~~078309~~000000% 0.000000% 0.~~156617~~241741% 0.~~026775~~123070% 0.000000% 0.~~058787~~000000% 0.000000% 0.~~085562~~123070% 90 Days 0.~~156617~~000000% 0.000000% 0.~~156617~~000000% 0.000000% 0.~~313234~~000000% 0.~~079892~~000000% 0.000000% 0.~~122535~~000000% 0.000000% 0.~~202427~~000000% 120 Days 0.~~078309~~080580% 0.000000% 0.~~156617~~241741% 0.000000% 0.~~234926~~322321% 0.~~015968~~025439% 0.000000% 0.~~230916~~182711% 0.000000% 0.~~246884~~208150% 150 Days 0.~~000000~~080580% 0.000000% 0.~~000000~~080580% 0.000000% 0.~~000000~~161160% 0.~~000000~~016420% 0.000000% 0.~~000000~~198620% 0.000000% 0.~~000000~~215039% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 01.~~939702~~208703% 0.~~078309~~080580% 0.~~391543~~322321% 0.000000% 1.~~409554~~611604% 0.~~579942~~853699% 0.~~034357~~035302% 0.~~412237~~381330% 0.000000% 1.~~026536~~270331%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 4672,~~638~~404.2517

SUBORDINATION LEVEL/CREDIT ENHANCEMENT/CLASS PERCENTAGE AND PREPAYMENT PERCENTAGE Current Original $ Original % Current $ Current % Class% Prepayment% Class M-1 69,428,736.52 8.65020710% 69,428,688.52 9.~~51278130~~81534815% 2.~~474356~~553057% 0.000000% Class M-2 55,382,736.52 6.90019961% 55,382,688.52 7.~~58826668~~82962174% 1.~~924515~~985726% 0.000000% Class M-3 46,553,736.52 5.80018422% 46,553,688.52 6.~~37856003~~58143874% 1.~~209707~~248183% 0.000000% Class M-4 39,329,736.52 4.90013765% 39,329,688.52 5.~~38876268~~56015955% 01.~~989797~~021279% 0.000000% Class C 100.00 0.00001246% 100.00 0.~~00001370~~00001414% 0.~~824775~~851008% 0.000000% Class P 0.00 0.00000000% 0.00 0.00000000% 0.000014% 0.000000% Class R-I 0.00 0.00000000% 0.00 0.00000000% 0.000000% 0.000000% Please Refer to the Prospectus Supplement for a Full Description of Loss Exposure

REO Detail - All Mortgage Loans in REO during Current Period

Summary 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 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 REO Total ~~Dec~~Jan-0405 0.000% Loans in REO 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 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 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 REO Total ~~Dec~~Jan-0405 0.000% Loans in REO 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 2 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 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 REO Total ~~Dec~~Jan-0405 0.000% Loans in REO 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.

Foreclosure Detail - All Mortgage Loans in Foreclosure during Current Period

Summary 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 412 ~~Aug~~Sep-04 0.000% Original Principal Balance ~~565~~2,~~450~~615,100.00 ~~Sep~~Oct-04 0.000% Current Principal Balance ~~564~~2,~~114~~612,095.1875 ~~Oct~~Nov-04 0.000% ~~Nov~~Dec-04 0.000% Current Foreclosure Total ~~Dec~~Jan-0405 0.000% Loans in Foreclosure 1116 ~~Jan~~Feb-05 0.000% Original Principal Balance 23,~~178~~418,~~850~~950.00 ~~Feb~~Mar-05 0.000% Current Principal Balance 23,~~174~~415,~~684~~268.0735 ~~Mar-05 0.000%~~ Apr-05 0.009% May-05 0.133% Jun-05 0.242% Jul-05 0.298% Aug-05 0.483% *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 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 211 ~~Aug~~Sep-04 0.000% Original Principal Balance ~~346~~2,~~000~~508,100.00 ~~Sep~~Oct-04 0.000% Current Principal Balance ~~345~~2,~~010~~505,164.6848 ~~Oct~~Nov-04 0.000% ~~Nov~~Dec-04 0.000% Current Foreclosure Total ~~Dec~~Jan-0405 0.000% Loans in Foreclosure 612 ~~Jan~~Feb-05 0.000% Original Principal Balance 12,~~378~~699,~~800~~200.00 ~~Feb~~Mar-05 0.000% Current Principal Balance 12,~~375~~696,~~429~~264.7948 ~~Mar-05 0.000%~~ Apr-05 0.000% May-05 0.102% Jun-05 0.224% Jul-05 0.257% Aug-05 0.519% *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 2 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 21 ~~Aug~~Sep-04 0.000% Original Principal Balance ~~219~~107,~~450~~000.00 ~~Sep~~Oct-04 0.000% Current Principal Balance ~~219~~106,~~103~~931.5027 ~~Oct~~Nov-04 0.000% ~~Nov~~Dec-04 0.000% Current Foreclosure Total ~~Dec~~Jan-0405 0.000% Loans in Foreclosure 54 ~~Jan~~Feb-05 0.000% Original Principal Balance ~~800~~719,~~050~~750.00 ~~Feb~~Mar-05 0.000% Current Principal Balance ~~799~~719,~~254~~003.2887 ~~Mar-05 0.000%~~ Apr-05 0.036% May-05 0.223% Jun-05 0.292% Jul-05 0.412% Aug-05 0.381% *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 Loan Detail - All Mortgage Loans in Foreclosure during Current Period Month Loan First Original Loan Entered Payment LTV at Principal Group Number FC Date State Origination Balance Group 1 ~~1312002867~~1304005544 ~~Jun~~Aug-2005 01-~~Feb~~Dec-2004 GA 74.17 89,000.00 Group 1 1313001858 Aug-2005 01-Jan-2005 GA 80.00 ~~201~~280,~~600~~000.00 Group 1 ~~8500001640~~1703101092 ~~Jul~~Aug-2005 01-Jan-2005 WA 80.00 320,000.00 Group 1 8500003218 Aug-2005 01-Nov-2004 FLNV 80.00 418,000.00 Group 1 8500003279 Aug-2005 01-Nov-2004 TN 100.00 ~~154~~65,~~900~~000.00 Group 1 ~~8500003317~~8500003329 ~~Jun~~Aug-2005 01-Nov-2004 MIGA 95100.00 ~~142~~155,~~500~~000.00 Group 1 ~~8500003375~~8500003542 ~~Jun~~Aug-2005 01-Nov-2004 MICA 9580.00 ~~480~~246,~~700~~400.00 Group 1 ~~8500003955~~8500003626 ~~Jul~~Aug-2005 01-Dec-2004 NVPA 7080.00 ~~191~~108,~~100~~000.00 Group 1 ~~8500003974~~8500003648 ~~May~~Aug-2005 01-Nov-2004 NV 66.74 333,700.00 Group 1 8500003802 Aug-2005 01-Dec-2004 CA 80.00 ~~208~~196,000.00 Group 21 ~~1101002735~~8500003955 ~~May~~Jul-2005 01-~~Jan~~Dec-~~2005~~2004 NYNV 70.00 ~~374~~191,~~500~~100.00 Group 21 ~~1309005360~~8500004249 ~~Jun~~Aug-2005 01-~~Dec~~Nov-2004 GACA 8090.00 ~~132~~297,~~800~~000.00 Group 2 ~~8600002314~~1101002735 ~~Apr~~May-2005 01-~~Sep~~Jan-~~2004~~2005 FLNY 1070.00 73374,~~300~~500.00 Group 2 ~~8600002950~~1101002736 ~~Jul~~Aug-2005 01-~~Nov~~Jan-~~2004~~2005 FLNY 9520.00 ~~105~~107,~~450~~000.00 Group 2 ~~8600003108~~1309005360 ~~Jul~~Jun-2005 01-Dec-2004 GA 7580.00 ~~114~~132,~~000~~800.00 Group 2 8600002950 Jul-2005 01-Nov-2004 FL 95.00 105,450.00

Foreclosure Loan Detail - All Mortgage Loans in Foreclosure during Current Period (continued) Current Paid Current Approximate Loan Principal To Months Loan Delinquent Group Number Balance Date Delinquent Rate Interest Group 1 ~~1312002867~~1304005544 ~~201~~88,~~574~~991.7701 01-~~Feb~~Apr-2005 32 6.000% 1,705.68 Group 1 1313001858 280,000.00 01-Apr-2005 2 5.~~250~~750% 45,~~199~~133.6036 Group 1 ~~8500001640~~1703101092 ~~153~~320,~~910~~000.6800 01-~~Mar~~Apr-2005 2 5.875% 6,000.00 Group 1 8500003218 418,000.00 01-Apr-2005 2 7.~~240~~375% 39,~~581~~927.6752 Group 1 ~~8500003317~~8500003279 ~~142~~64,~~072~~850.1786 01-~~Feb~~Jan-2005 35 7.~~490~~380% 32,~~297~~372.5100 Group 1 ~~8500003375~~8500003329 ~~479~~154,~~426~~327.8107 01-~~Feb~~Apr-2005 2 7.865% 3,405.39 8Group 1 8500003542 244,978.~~115~~82 01-Apr-2005 2 6.250% 124,~~464~~892.1030 Group 1 ~~8500003955~~8500003626 ~~191~~107,~~100~~541.07 01-Apr-2005 2 6.875% 2,371.77 Group 1 8500003648 333,700.00 01-Apr-2005 2 6.125% 6,534.96 Group 1 8500003802 196,000.00 01-Apr-2005 2 5.~~750~~999% 23,~~627~~756.6404 Group 1 ~~8500003974~~8500003955 ~~207~~191,~~345~~100.3600 01-~~Jan~~Apr-2005 42 5.750% 53,~~686~~503.7552 Group 21 ~~1101002735~~8500004249 ~~374~~296,~~500~~775.0065 01-~~Jan~~Apr-2005 42 7.500% 137,~~575~~173.6443 Group 2 ~~1309005360~~1101002735 ~~132~~374,~~446~~500.5400 01-~~Feb~~Jan-2005 35 67.~~625~~500% 315,~~511~~838.7624 Group 2 ~~8600002314~~1101002736 73106,~~204~~931.2427 01-~~Jan~~Feb-2005 4 1211.500% 45,~~389~~876.2437 Group 2 ~~8600002950~~1309005360 ~~105~~132,~~126~~446.0654 01-Feb-2005 34 76.~~375~~625% 34,~~116~~212.0218 Group 2 ~~8600003108~~8600002950 ~~113~~105,~~977~~126.4406 01-~~Mar~~Feb-2005 24 7.~~625~~375% 23,~~801~~737.9874

COLLATERAL STATEMENT Collateral Description Mixed Fixed & Arm Weighted Average Gross Coupon 6.~~119032~~104964% Weighted Average Net Coupon 5.~~848654~~835212% Weighted Average Pass-Through Rate 5.~~798500~~785242% Weighted Average Maturity(Stepdown Calculation) ~~344~~343 Beginning Scheduled Collateral Loan Count 3,~~458~~357 Number Of Loans Paid In Full ~~101~~96 Ending Scheduled Collateral Loan Count 3,~~357~~261 Beginning Scheduled Collateral Balance ~~750~~729,~~400~~846,~~973~~364.4090 Ending Scheduled Collateral Balance ~~729~~707,~~846~~348,~~364~~200.9062 Ending Actual Collateral Balance at 3029-~~Jun~~Jul-2005 ~~730~~707,~~079~~576,~~024~~975.9667 Monthly P&I Constant 43,~~096~~974,~~583~~211.1832 Special Servicing Fee 0.00 Prepayment Penalties ~~223~~296,~~971~~825.7209 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Scheduled Principal ~~270~~261,~~143~~139.3213 Unscheduled Principal 2022,~~284~~237,~~365~~125.1815

Miscellaneous Reporting Excess Cash Amount 1,~~509~~146,~~063~~701.4840 Extra Principal Amount 0.00 Overcollateralization Amt 6,019,688.52 Overcollateralization Deficiency Amt 0.00 Overcollateralization Release Amt 0.00 Specified Overcollateralization Amt 6,019,688.52 Stepdown NO Trigger Event NO

Group Level Collateral Statement Group Group 1 Group 2 Total Collateral Description Mixed Fixed Mixed ARM Mixed Fixed & Arm Weighted Average Coupon Rate 5.~~830247~~818531 6.~~923083~~897479 6.~~119032~~104964 Weighted Average Net Rate 5.~~567393~~556161 6.~~631758~~607304 5.~~848654~~835212 Weighted Average Maturity ~~353~~352 ~~317~~316 ~~344~~343 Beginning Loan Count 2,~~139~~080 1,~~319~~277 3,~~458~~357 Loans Paid In Full 5960 4236 ~~101~~96 Ending Loan Count 2,~~080~~020 1,~~277~~241 3,~~357~~261 Beginning Scheduled Balance ~~552~~536,~~105~~090,~~410~~955.4089 ~~198~~193,~~295~~755,~~563~~509.0001 ~~750~~729,~~400~~846,~~973~~464.4090 Ending Scheduled Balance ~~536~~518,~~090~~923,~~955~~395.8943 ~~193~~188,~~755~~424,~~509~~805.0119 ~~729~~707,~~846~~348,~~464~~200.9062 Record Date 0607/3029/2005 0607/3029/2005 0607/3029/2005 Principal And Interest Constant 2,~~799~~710,~~187~~705.2503 1,~~297~~263,~~395~~506.9329 43,~~096~~974,~~583~~211.1832 Scheduled Principal ~~116~~111,~~761~~320.2802 ~~153~~149,~~382~~819.0411 ~~270~~261,~~143~~139.3213 Unscheduled Principal 1517,~~897~~056,~~693~~240.2344 45,~~386~~180,~~671~~884.9571 2022,~~284~~237,~~365~~125.1815 Scheduled Interest 2,~~682~~599,~~425~~385.9701 1,~~144~~113,~~013~~687.8918 3,~~826~~713,~~439~~072.8619 Servicing Fees ~~120~~117,~~936~~211.1095 4846,~~140~~852.4158 ~~169~~164,~~076~~064.5153 Master Servicing Fees 5,~~751~~584.1028 2,~~065~~018.5829 7,~~816~~602.6857 Trustee Fee 0.00 0.00 0.00 FRY Amount 0.00 0.00 0.00 Special Hazard Fee 0.00 0.00 0.00 Other Fee 20,~~982~~228.6258 2,~~564~~561.0942 2322,~~546~~790.7100 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 2,~~534~~456,~~756~~360.1520 1,~~091~~062,~~243~~254.8189 3,~~625~~518,~~999~~615.9609 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.~~509287~~498381 6.~~603741~~578940 5.~~798500~~785242

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 1 5960 1516,~~814~~996,~~093~~518.00 1516,~~770~~950,~~350~~180.7382 0 0.00 0.00 Group 2 4236 45,~~529~~183,~~811~~213.00 45,~~372~~161,~~552~~363.4032 0 0.00 0.00 Total ~~101~~96 2022,~~343~~179,~~904~~731.00 2022,~~142~~111,~~903~~544.1314 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 1 0 0.00 0.00 0 0.00 0.00 ~~133~~111,~~399~~120.8300 Group 2 0 0.00 0.00 0 0.00 0.00 1822,~~590~~473.5502 Total 0 0.00 0.00 0 0.00 0.00 ~~151~~133,~~990~~593.3802

Prepayment Loan Detail - Prepayments during Current Period First Original Loan LTV at Payment Principal Prepayment Group Number State Origination Date Balance Amount Group 1 ~~1102001205~~1102001155 NJ 4580.0700 01-~~Jan~~Dec-~~2005~~2004 ~~160~~296,000.00 ~~160~~296,000.00 Group 1 ~~1105106393~~1105001517 NJCT 80.00 01-~~Dec~~Jan-~~2004~~2005 ~~184~~560,000.00 ~~182~~555,~~905~~772.1958 Group 1 ~~1105106772~~1105105967 RINJ 7790.00 01-~~Jan~~Dec-~~2005~~2004 ~~223~~302,~~300~~400.00 ~~223~~300,~~035~~224.4177 Group 1 ~~1105106993~~1105106500 NJOH 7078.0012 01-~~Jan~~Dec-~~2005~~2004 ~~119~~125,000.00 ~~118~~124,~~331~~028.7415 Group 1 ~~1105107119~~1105106680 NJ 8089.0020 01-~~Jan~~Dec-~~2005~~2004 ~~138~~223,~~400~~000.00 ~~137~~221,~~566~~546.3432 Group 1 ~~1105107200~~1105106910 PACT 80.00 01-Jan-2005 ~~346~~232,~~400~~000.00 ~~344~~232,~~473.78 Group 1 1105107301 NJ 42.81 01-Jan-2005 244,~~000.00 ~~242,504.38~~ Group 1 ~~1105107462~~1115100610 NJPA 8574.5315 01-Feb-2005 ~~162~~88,~~500~~900.00 ~~161~~88,~~488~~355.9204 Group 1 ~~1111000687~~1304005690 NJGA 8060.00 01-~~Dec-2004 348,000.00 347,850.23 Group 1 1117100126 MA 78.21 01-~~Feb-2005 ~~280~~240,000.00 ~~278~~237,~~228~~861.4901 Group 1 ~~1303001675~~1310006105 FL 7379.6699 01-Jan-2005 69139,~~900~~650.00 69139,~~900~~650.00 Group 1 ~~1310100799~~1701108664 GACA 80.00 01-Dec-2004 ~~116~~180,~~334~~000.00 ~~115~~178,~~368~~230.7117 Group 1 ~~1312002642~~1701109513 GACA 4779.2298 01-~~Dec~~Jan-~~2004~~2005 ~~322~~431,~~500~~900.00 ~~322~~431,~~500~~900.00 Group 1 ~~1701109304~~1701109770 CA 6573.7181 01-~~Dec~~Jan-~~2004~~2005 ~~115~~310,000.00 ~~114~~310,~~996~~000.3400 Group 1 ~~1701109708~~1701110320 CA 80.00 01-~~Jan~~Feb-2005 ~~544~~315,~~000~~600.00 ~~544~~315,~~000~~599.0023 Group 1 ~~1701109900~~1701110373 CA 8069.0012 01-Jan-2005 ~~308~~235,000.00 ~~308~~233,~~000~~050.0004 Group 1 ~~1701110148~~1701110590 CA 7967.4543 01-~~Jan~~Feb-2005 ~~333~~236,~~700~~000.00 ~~333~~236,~~700~~000.00 Group 1 ~~1701110172~~1703101138 CAWA 7980.5500 01-Jan-2005 ~~266~~151,~~500~~200.00 ~~266~~151,~~500~~200.00 Group 1 ~~1701110262~~1705000135 CAME 8095.00 01-~~Jan~~Dec-~~2005~~2004 ~~428~~323,000.00 ~~428~~323,000.00 Group 1 ~~1706100175~~1705000385 CA 8056.00 01-~~Jan~~Dec-~~2005~~2004 ~~256~~70,000.00 ~~256~~69,~~000~~434.0040 Group 1 ~~1901016489~~8500001640 NJFL 72100.2900 01-~~Dec~~Aug-2004 ~~360~~154,~~000~~900.00 ~~357~~153,~~543~~267.2474 Group 1 ~~1901016869~~8500002743 NJMI 8495.2100 01-~~Dec~~Oct-2004 ~~200~~214,~~000~~700.00 ~~198~~212,~~658~~886.7289 Group 1 ~~8500002941~~8500002902 CA 7077.0078 01-~~Oct~~Nov-2004 91560,~~700~~000.00 91560,~~600~~000.00 Group 1 ~~8500002974~~8500002911 NVCA 7080.00 01-~~Oct~~Nov-2004 ~~161~~329,~~000~~600.00 ~~161~~329,~~000~~600.00 Group 1 ~~8500003203~~8500002963 FLCA 7780.8800 01-~~Nov~~Oct-2004 88364,000.00 87359,~~366~~816.9732 Group 1 ~~8500003278~~8500002971 CA 9468.8607 01-~~Nov~~Oct-2004 ~~166~~388,000.00 ~~164~~388,~~910~~000.1200 Group 1 ~~8500003287~~8500003007 COCA 9570.3500 01-~~Nov~~Oct-2004 ~~128~~185,~~725~~350.00 ~~127~~185,~~884~~350.2400 Group 1 ~~8500003340~~8500003037 VACA 9580.00 01-~~Nov~~Oct-2004 ~~147~~360,~~250~~000.00 ~~145~~360,~~895~~000.7100 Group 1 ~~8500003346~~8500003048 CA ~~100~~80.00 01-~~Nov~~Sep-2004 ~~326~~304,~~113~~000.00 ~~322~~304,~~740~~000.9300 Group 1 ~~8500003362~~8500003177 MDCA ~~100~~80.00 01-Nov-2004 ~~265~~208,000.00 ~~263~~207,~~472~~999.4799 Group 1 ~~8500003393~~8500003191 VANV 80.00 01-Nov-2004 ~~136~~184,000.00 ~~134~~183,~~657~~885.6622 Group 1 ~~8500003396~~8500003335 TXOR 7790.8000 01-Nov-2004 ~~175~~153,~~047~~000.00 ~~173~~151,~~758~~579.0293 Group 1 ~~8500003509~~8500003369 CANV 8054.0073 01-Nov-2004 ~~640~~199,~~000~~782.00 ~~635~~197,~~828~~233.0114 Group 1 ~~8500003541~~8500003375 CAMI 8095.00 01-Nov-2004 ~~372~~480,~~000~~700.00 ~~368~~477,~~756~~451.2749 Group 1 ~~8500003770~~8500003443 CAFL 80.00 01-~~Dec~~Nov-2004 ~~277~~264,~~600~~000.00 ~~277~~260,~~597~~408.9909 Group 1 ~~8500003801~~8500003517 CA 4475.7800 01-~~Dec~~Nov-2004 ~~210~~382,~~000~~500.00 ~~210~~378,~~000~~834.0167 Group 1 ~~8500003860~~8500003518 CA 7080.00 01-Nov-2004 ~~378~~434,~~000~~400.00 ~~378~~434,~~000~~400.00 Group 1 ~~8500003869~~8500003580 CACO 7080.00 01-~~Dec~~Nov-2004 ~~710~~276,~~500~~000.00 ~~710~~276,~~500~~000.00 Group 1 ~~8500003870~~8500003627 CANJ 6480.1300 01-Dec-2004 ~~295~~400,000.00 ~~295~~396,~~000~~674.0016 Group 1 ~~8500003886~~8500003716 CA 7080.00 01-~~Nov~~Dec-2004 ~~229~~204,~~770~~348.00 ~~229~~204,~~770~~348.00 Group 1 ~~8500003945~~8500003898 CA 7949.9986 01-Nov-2004 ~~231~~182,~~500~~000.00 ~~229~~178,~~569~~507.2945 Group 1 ~~8500004059~~8500003921 NJNV 8070.00 01-Dec-2004 ~~262~~241,~~400~~500.00 ~~262~~241,~~400~~500.00 Group 1 ~~8500004079~~8500003974 AZNV 80.00 01-~~Dec~~Nov-2004 ~~183~~208,~~200~~000.00 ~~183~~205,~~177~~780.6989 Group 1 ~~8500004082~~8500004011 CA 6980.4700 01-Dec-2004 ~~132~~236,000.00 ~~132~~236,000.00 Group 1 ~~8500004138~~8500004029 CANJ 80.00 01-Dec-2004 ~~288~~262,000.00 ~~285~~261,~~927~~658.5027 Group 1 ~~8500004147~~8500004098 CA 7980.9900 01-Dec-2004 ~~407~~212,~~600~~000.00 ~~404~~211,~~871~~992.9753 Group 1 ~~8500004289~~8500004123 CA 8070.00 01-Jan-2005 ~~476~~165,~~000~~200.00 ~~472~~165,~~840~~200.9900 Group 1 ~~8500004306~~8500004125 CA 8070.00 01-Jan-2005 ~~496~~156,~~000~~628.00 ~~496~~156,~~000~~594.0055 Group 1 ~~8500004311~~8500004162 CA 80.00 01-~~Jan~~Dec-~~2005~~2004 ~~236~~132,800.00 ~~235~~130,~~546~~930.2437 Group 1 ~~8500004323~~8500004270 CA 7494.9983 01-~~Dec~~Jan-~~2004~~2005 ~~224~~194,~~600~~400.00 ~~222~~194,~~850~~400.2300 Group 1 ~~8600003043~~8500004275 AZCA 80.00 01-~~Nov~~Dec-2004 ~~215~~294,~~920~~400.00 ~~213~~294,~~851~~400.6900 Group 1 ~~8600003063~~8500004291 WACA 8079.0099 01-~~Nov~~Jan-~~2004~~2005 ~~143~~394,~~160~~150.00 ~~143~~394,~~159~~150.9900 Group 1 ~~8600003267~~8500004302 TXCA 7144.1969 01-~~Nov~~Jan-~~2004~~2005 74370,~~750~~000.00 74370,~~750~~000.00 Group 1 ~~8600003413~~8500004314 NYCA 80.00 01-~~Dec~~Jan-~~2004~~2005 ~~520~~476,~~000~~800.00 ~~520~~476,~~000~~800.00 Group 1 ~~8600003425~~8500004322 CA 7080.00 01-Dec-2004 ~~472~~327,~~500~~200.00 ~~472~~327,~~500~~200.00 Group 1 ~~8600003458~~8500004325 CA 7975.6500 01-~~Dec~~Jan-~~2004~~2005 ~~368~~213,~~000~~750.00 ~~368~~212,~~000~~144.0063 Group 1 ~~8600003503~~8600002732 CA 6280.3500 01-Dec-2004 ~~265~~524,000.00 ~~265~~524,000.00 Group 1 ~~8600003582~~8600002863 CANV 80.00 01-~~Dec~~Nov-2004 ~~187~~164,~~024~~760.00 ~~185~~164,~~157~~759.9238 Group 1 ~~8600003673~~8600003180 CAMD 8076.0017 01-~~Jan~~Nov-~~2005~~2004 ~~306~~800,~~400~~000.00 ~~306~~800,~~400~~000.00 Group 21 ~~1105106293~~8600003189 NYCA 9080.00 01-~~Dec~~Nov-2004 45320,000.00 44320,~~798~~000.0300 Group 21 ~~1105106300~~8600003452 CTCA 1674.1684 01-~~Dec~~Jan-~~2004~~2005 37348,000.00 36347,~~349~~573.0939 Group 21 ~~1105106307~~8600003776 NJCA 1070.00 01-~~Dec~~Jan-~~2004~~2005 44266,~~900~~000.00 44265,~~760~~941.3963 Group 2 ~~1105106363~~1105105775 MINY 2046.0051 01-~~Dec~~Jan-~~2004~~2005 33200,~~936~~000.00 33194,~~812~~571.2678 Group 2 ~~1105106410~~1105105837 FLNY 2075.00 01-~~Dec~~Jan-~~2004~~2005 42266,~~400~~512.00 42264,~~228~~728.4116 Group 2 ~~1105106640~~1105106060 NY 80.00 01-Dec-2004 ~~272~~520,000.00 ~~270~~520,~~223~~000.2500 Group 2 ~~1105106749~~1105106764 NJNY 8075.00 01-~~Dec~~Jan-~~2004~~2005 ~~311~~303,~~200~~750.00 ~~308~~301,~~859~~345.7654 Group 2 ~~1105107054~~1105106852 CTVA 6480.8600 01-Jan-2005 ~~240~~416,000.00 ~~238~~412,~~380~~477.7630 Group 2 ~~1105107259~~1105106863 PAVA 1520.00 01-Jan-2005 64104,~~950~~000.00 64103,~~738~~646.2259 Group 2 ~~1115100297~~1105107164 FLMD 1580.00 01-~~Oct~~Jan-~~2004~~2005 28305,~~500~~600.00 28305,~~423~~600.5400 Group 2 ~~1115100446~~1105107165 PAMD 6415.9700 01-Jan-2005 5157,~~000~~300.00 5056,~~686~~392.3052 Group 2 ~~1117100060~~1115100593 MAFL 7977.9775 01-~~Dec~~Jan-~~2004~~2005 ~~269~~158,~~500~~600.00 ~~267~~157,~~106~~512.2143 Group 2 ~~1303001676~~1310100812 FL 2620.3400 01-Jan-2005 2557,~~000~~400.00 2457,~~920~~211.5676 Group 2 ~~1304005698~~1312002733 GA 1880.5300 01-~~Jan~~Dec-~~2005~~2004 25112,000.00 24111,~~815~~999.4196 Group 2 ~~1309005369~~1316000844 GAFL 8011.0060 01-Jan-2005 ~~190~~25,~~320~~000.00 6424,~~573~~926.5890 Group 2 ~~1310007238~~1323000067 AZGA 1979.9984 01-Jan-2005 5399,000.00 5298,~~831~~973.6771 Group 2 ~~1701107559~~1701108839 CA 2079.0072 01-~~Oct~~Dec-2004 ~~103~~230,~~800~~400.00 ~~103~~230,~~348~~400.7700 Group 2 ~~1701108547~~1701108878 CA 1315.4800 01-~~Nov~~Dec-2004 ~~100~~39,000.00 9938,~~731~~835.8715 Group 2 ~~1701108929~~1701109567 CA 7780.1400 01-~~Dec~~Jan-~~2004~~2005 ~~270~~421,~~000~~600.00 ~~267~~421,~~912~~600.7300 Group 2 ~~1701109380~~1701109609 CA 8020.00 01-~~Dec~~Jan-~~2004~~2005 ~~132~~108,000.00 ~~128~~107,~~599~~645.5094 Group 2 ~~1701109399~~1701109700 CA 8079.0096 01-Jan-2005 ~~396~~363,000.00 ~~393~~360,~~391~~510.2473 Group 2 ~~1701109456~~1701109966 CA 1510.00 01-Jan-2005 8135,~~750~~500.00 8135,~~238~~340.0466 Group 2 ~~1701109891~~1703101215 CACO 1015.5500 01-Jan-2005 4490,~~300~~000.00 4489,~~098~~661.0817 Group 2 ~~1703100948~~8500003178 WACA 20.00 01-Nov-2004 5452,~~950~~000.00 5451,~~641~~748.7630 Group 2 ~~1703100959~~8500003579 CO 3620.3600 01-Nov-2004 ~~100~~69,000.00 9968,~~648~~750.7033 Group 2 ~~1706100176~~8500003719 CA 20.00 01-~~Jan~~Dec-~~2005 64,000.00 63,749.71 Group 2 8500002917 NV 80.00 01-Oct-~~2004 ~~391~~51,~~900~~088.00 ~~388~~50,~~680~~913.9722 Group 2 ~~8500003202~~8500004010 FLCA 228.1247 01-~~Nov~~Dec-2004 25,000.00 24,~~555~~888.6257 Group 2 ~~8500003567~~8500004030 IANJ 10.4400 01-~~Nov~~Dec-2004 2732,~~150~~750.00 2732,~~090~~236.0016 Group 2 ~~8500003568~~8500004213 IACA 5520.~~69 01-Nov-2004 144,800.~~00 ~~144,800.00 Group 2 8500003577 FL 23.81~~ 01-~~Nov~~Dec-2004 4290,~~150~~189.00 4189,~~997~~926.9460 Group 2 ~~8500003607~~8500004276 CA 1510.00 01-Dec-2004 9436,~~249~~800.00 9336,~~780~~570.7018 Group 2 ~~8500004060~~8600002314 NJFL 2010.00 01-~~Dec~~Sep-2004 6573,~~600~~300.00 6573,~~354~~061.5655 Group 2 ~~8500004217~~8600002721 CA 20.00 01-~~Dec~~Nov-2004 ~~127~~69,~~000~~683.00 ~~126~~69,~~615~~224.62 Group 2 ~~8600002899~~8600002905 MOCA 819.89 01-Nov-2004 6480,~~000~~441.00 5880,~~980~~090.5432 Group 2 ~~8600003036~~8600003182 CAMD 1018.0083 01-Nov-2004 40197,~~000~~800.00 39196,~~863~~982.1622 Group 2 ~~8600003268~~8600003200 TXAZ 2372.8188 01-Nov-2004 2582,~~000~~350.00 2482,~~933~~348.0141 Group 2 ~~8600003414~~8600003203 NYAZ 1522.0012 01-~~Dec~~Nov-2004 9725,~~500~~000.00 9724,~~144~~916.7089 Group 2 ~~8600003423~~8600003247 CASC 4090.4500 01-~~Dec~~Nov-2004 ~~143~~140,~~600~~760.00 ~~139~~140,~~382~~760.1700 Group 2 ~~8600003459~~8600003455 CA 1480.9400 01-Dec-2004 69196,000.00 68194,~~831~~483.8761 Group 2 ~~8600003583~~8600003516 CA 2015.00 01-~~Dec-2004 46,756.00 46,602.70 Group 2 8600003713 TN 95.00 01-~~Jan-2005 4548,~~600~~390.00 4548,~~600~~130.0041

Prepayment Loan Detail - Prepayments during Current Period (continued) Current Loan PIF Months Loan Original Group Number Type Delinquent Rate Term Seasoning Group 1 ~~1102001205~~1102001155 Loan Paid in Full (1) 65.~~375~~875% 360 68 Group 1 ~~1105106393~~1105001517 Loan Paid in Full 0 76.~~600~~375% 360 7 Group 1 ~~1105106772~~1105105967 Loan Paid in Full 02 47.~~375~~250% 360 68 Group 1 ~~1105106993~~1105106500 Loan Paid in Full 0 76.~~200~~850% 360 68 Group 1 ~~1105107119~~1105106680 Loan Paid in Full 0 67.~~850~~750% 360 68 Group 1 ~~1105107200~~1105106910 Loan Paid in Full 0 75.~~250~~625% 360 67 Group 1 ~~1105107301~~1115100610 Loan Paid in Full 0 6.750% 360 6 Group 1 ~~1105107462~~1304005690 Loan Paid in Full 0 54.~~850~~750% 360 56 Group 1 ~~1111000687~~1310006105 Loan Paid in Full 0 67.~~500~~375% 360 7 Group 1 ~~1117100126~~1701108664 Loan Paid in Full 0 65.~~100~~625% 360 58 Group 1 ~~1303001675~~1701109513 Loan Paid in Full 0 65.~~750~~625% 360 67 Group 1 ~~1310100799~~1701109770 Loan Paid in Full 30 5.875% 360 7 Group 1 ~~1312002642~~1701110320 Loan Paid in Full 0 46.~~625~~375% 360 76 Group 1 ~~1701109304~~1701110373 Loan Paid in Full 0 5.875% 360 7 Group 1 ~~1701109708~~1701110590 Loan Paid in Full 0 65.500% 360 6 Group 1 ~~1701109900~~1703101138 Loan Paid in Full 0 45.~~875~~500% 360 67 Group 1 ~~1701110148~~1705000135 Loan Paid in Full 0 56.~~375~~500% 360 68 Group 1 ~~1701110172~~1705000385 Loan Paid in Full 0 56.~~375~~650% 360 68 Group 1 ~~1701110262~~8500001640 Loan Paid in Full 02 67.~~000~~240% 360 612 Group 1 ~~1706100175~~8500002743 Loan Paid in Full 0 57.~~500~~490% 360 610 Group 1 ~~1901016489~~8500002902 Loan Paid in Full 0 6.~~900~~375% 360 79 Group 1 ~~1901016869~~8500002911 Loan Paid in Full 0 6.~~990~~250% 360 79 Group 1 ~~8500002941~~8500002963 Loan Paid in Full ~~(1)~~0 5.~~375~~875% 360 910 Group 1 ~~8500002974~~8500002971 Loan Paid in Full 0 5.~~125~~250% 360 910 Group 1 ~~8500003203~~8500003007 Loan Paid in Full 30 75.~~250~~625% 360 810 Group 1 ~~8500003278~~8500003037 Loan Paid in Full 04 7.~~740~~250% 360 810 Group 1 ~~8500003287~~8500003048 Loan Paid in Full 0 76.~~740~~375% 360 811 Group 1 ~~8500003340~~8500003177 Loan Paid in Full ~~(1)~~0 65.~~740~~250% 360 89 Group 1 ~~8500003346~~8500003191 Loan Paid in Full 0 65.~~490~~250% 360 89 Group 1 ~~8500003362~~8500003335 Loan Paid in Full 0 86.~~365~~490% 360 89 Group 1 ~~8500003393~~8500003369 Loan Paid in Full 0 5.~~755~~490% 360 89 Group 1 ~~8500003396~~8500003375 Loan Paid in Full 03 78.~~130~~115% 360 89 Group 1 ~~8500003509~~8500003443 Loan Paid in Full 0 7.~~750~~500% 360 89 Group 1 ~~8500003541~~8500003517 Loan Paid in Full 0 6.~~250~~625% 360 89 Group 1 ~~8500003770~~8500003518 Loan Paid in Full 0 56.~~500~~625% 360 79 Group 1 ~~8500003801~~8500003580 Loan Paid in Full 0 56.~~875~~625% 360 79 Group 1 ~~8500003860~~8500003627 Loan Paid in Full 0 46.~~625~~500% 360 8 Group 1 ~~8500003869~~8500003716 Loan Paid in Full 0 56.~~500~~250% 360 78 Group 1 ~~8500003870~~8500003898 Loan Paid in Full 0 5.~~750~~500% 360 79 Group 1 ~~8500003886~~8500003921 Loan Paid in Full 0 5.250% 360 8 Group 1 ~~8500003945~~8500003974 Loan Paid in Full ~~(1)~~4 65.~~500~~750% 360 89 Group 1 ~~8500004059~~8500004011 Loan Paid in Full 0 6.~~375~~125% 360 78 Group 1 ~~8500004079~~8500004029 Loan Paid in Full 0 5.500% 360 78 Group 1 ~~8500004082~~8500004098 Loan Paid in Full 0 4.875% 360 78 Group 1 ~~8500004138~~8500004123 Loan Paid in Full 0 6.~~625~~375% 360 7 Group 1 ~~8500004147~~8500004125 Loan Paid in Full 0 75.~~000~~125% 360 7 Group 1 ~~8500004289~~8500004162 Loan Paid in Full 0 6.875% 360 68 Group 1 ~~8500004306~~8500004270 Loan Paid in Full 0 75.500% 360 67 Group 1 ~~8500004311~~8500004275 Loan Paid in Full 0 76.~~500~~250% 360 68 Group 1 ~~8500004323~~8500004291 Loan Paid in Full 0 67.~~875~~750% 360 7 Group 1 ~~8600003043~~8500004302 Loan Paid in Full 0 5.~~750~~375% 360 87 Group 1 ~~8600003063~~8500004314 Loan Paid in Full 0 6.~~250~~875% 360 87 Group 1 ~~8600003267~~8500004322 Loan Paid in Full 0 6.~~250~~875% 360 8 Group 1 ~~8600003413~~8500004325 Loan Paid in Full 0 6.~~500~~875% 360 7 Group 1 ~~8600003425~~8600002732 Loan Paid in Full 0 67.~~375~~250% 360 78 Group 1 ~~8600003458~~8600002863 Loan Paid in Full 0(1) 56.~~750~~500% 360 79 Group 1 ~~8600003503~~8600003180 Loan Paid in Full 0 56.~~125~~250% 360 79 Group 1 ~~8600003582~~8600003189 Loan Paid in Full 0 46.~~875~~125% 360 79 Group 1 ~~8600003673~~8600003452 Loan Paid in Full ~~(1)~~0 4.875% 360 67 Group 21 ~~1105106293~~8600003776 Loan Paid in Full 0(1) 95.~~000~~250% 360 7 Group 2 ~~1105106300~~1105105775 Loan Paid in Full 0 116.~~750~~375% 180 7 Group 2 ~~1105106307~~1105105837 Loan Paid in Full 0 ~~10.750% 180~~ 7 ~~Group 2 1105106363 Loan Paid in Full 0 10~~.000% ~~180~~360 7 Group 2 ~~1105106410~~1105106060 Loan Paid in Full 0 96.500% ~~180~~360 78 Group 2 ~~1105106640~~1105106764 Loan Paid in Full 0 76.125% 360 7 Group 2 ~~1105106749~~1105106852 Loan Paid in Full ~~(1)~~0 6.~~625~~250% 360 7 Group 2 ~~1105107054~~1105106863 Loan Paid in Full ~~(1)~~0 611.~~250~~000% ~~360~~180 67 Group 2 ~~1105107259~~1105107164 Loan Paid in Full 0 97.~~875~~250% ~~180~~360 67 Group 2 ~~1115100297~~1105107165 Loan Paid in Full 0 12.500% 180 97 Group 2 ~~1115100446~~1115100593 Loan Paid in Full 0 6.~~750~~875% 360 67 Group 2 ~~1117100060~~1310100812 Loan Paid in Full 0 710.~~250~~500% ~~360~~180 7 Group 2 ~~1303001676~~1312002733 Loan Paid in Full 0 106.~~000~~750% ~~180~~360 68 Group 2 ~~1304005698~~1316000844 Loan Paid in Full ~~(3)~~0 1012.500% 180 67 Group 2 ~~1309005369~~1323000067 Loan Paid in Full 0 6.~~125~~625% 360 67 Group 2 ~~1310007238~~1701108839 Loan Paid in Full 0 ~~10.000% 180~~ 6 ~~Group 2 1701107559 Loan Paid in Full 0 10~~.~~375~~500% ~~180~~360 98 Group 2 ~~1701108547~~1701108878 Loan Paid in Full 0 129.~~000~~875% 180 8 Group 2 ~~1701108929~~1701109567 Loan Paid in Full 0 6.~~250~~500% 360 7 Group 2 ~~1701109380~~1701109609 Loan Paid in Full 0 710.~~000~~500% 180 7 Group 2 ~~1701109399~~1701109700 Loan Paid in Full 01 6.~~375~~875% 360 67 Group 2 ~~1701109456~~1701109966 Loan Paid in Full ~~(1)~~0 9.000% 180 67 Group 2 ~~1701109891~~1703101215 Loan Paid in Full 0 810.~~250% 180 6 Group 2 1703100948 Loan Paid in Full 0 8.~~500% 180 87 Group 2 ~~1703100959~~8500003178 Loan Paid in Full 0 109.750% 180 ~~8 Group 2 1706100176 Loan Paid in Full 0~~ 9~~.000%~~ ~~180 6~~ Group 2 ~~8500002917~~8500003579 Loan Paid in Full 0 711.125% ~~360~~180 9 Group 2 ~~8500003202~~8500003719 Loan Paid in Full 30 1310.~~000~~875% 180 8 Group 2 ~~8500003567~~8500004010 Loan Paid in Full 0 129.~~875~~750% 180 8 Group 2 ~~8500003568~~8500004030 Loan Paid in Full 0 79.~~375~~875% ~~360~~180 8 Group 2 ~~8500003577~~8500004213 Loan Paid in Full 0 1011.625% 180 8 Group 2 ~~8500003607~~8500004276 Loan Paid in Full 0 811.500% 180 78 Group 2 ~~8500004060~~8600002314 Loan Paid in Full 04 912.~~875~~500% 180 711 Group 2 ~~8500004217~~8600002721 Loan Paid in Full 0 108.~~875~~250% 180 79 Group 2 ~~8600002899~~8600002905 Loan Paid in Full (1) 710.~~500~~250% 180 89 Group 2 ~~8600003036~~8600003182 Loan Paid in Full 0 10.~~875~~500% 180 89 Group 2 ~~8600003268~~8600003200 Loan Paid in Full 0 126.~~000~~625% ~~180~~360 89 Group 2 ~~8600003414~~8600003203 Loan Paid in Full 0 1011.~~000~~750% 180 79 Group 2 ~~8600003423~~8600003247 Loan Paid in Full 0(1) 68.~~250~~000% 360 79 Group 2 ~~8600003459~~8600003455 Loan Paid in Full 0 116.875% ~~180~~360 78 Group 2 ~~8600003583~~8600003516 Loan Paid in Full 0(1) 108.~~500~~750% 180 7 ~~Group 2 8600003713 Loan Paid in Full 0 8.125% 360 6~~

Prepayment - Voluntary Prepayments

Summary SMM CPR PSA Current Month 23.~~704~~048% Current Month 2831.~~033~~026% Current Month 21,~~046~~977.~~253~~854% 3 Month Average 2.~~233~~586% 3 Month Average 2326.~~683~~884% 3 Month Average 21,~~031~~956.~~869~~307% 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. ~~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 1.574% N/A Feb-2005 418.856% N/A Mar-2005 11.155% N/A Mar-2005 1,940.665% N/A Apr-2005 15.404% N/A Apr-2005 1,990.926% N/A May-2005 21.422% N/A May-2005 2,204.541% N/A Jun-2005 21.593% N/A Jun-2005 1,844.813% N/A Jul-2005 28.033% N/A Jul-2005 2,046.253% N/A Aug-2005 31.026% N/A Aug-2005 1,977.854% 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 SMM CPR PSA Current Month 23.~~880~~182% Current Month 2932.~~579~~164% Current Month 2,~~147~~041.~~020~~310% 3 Month Average 2.~~450~~817% 3 Month Average 2528.~~689~~976% 3 Month Average 2,~~187~~108.~~749~~934% 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. ~~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 1.291% N/A Feb-2005 336.976% N/A Mar-2005 12.091% N/A Mar-2005 2,076.225% N/A Apr-2005 15.811% N/A Apr-2005 2,024.483% N/A May-2005 22.301% N/A May-2005 2,277.756% N/A Jun-2005 25.186% N/A Jun-2005 2,138.471% N/A Jul-2005 29.579% N/A Jul-2005 2,147.020% N/A Aug-2005 32.164% N/A Aug-2005 2,041.310% 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 2 SMM CPR PSA Current Month 2.~~214~~676% Current Month 2327.~~559~~783% Current Month 1,~~746~~793.~~967~~140% 3 Month Average 1.~~623~~939% 3 Month Average 1720.~~669~~637% 3 Month Average 1,~~550~~486.~~384~~281% 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. ~~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 2.375% N/A Feb-2005 668.747% N/A Mar-2005 8.443% N/A Mar-2005 1,525.502% N/A Apr-2005 14.237% N/A Apr-2005 1,890.778% N/A May-2005 18.880% N/A May-2005 1,985.450% N/A Jun-2005 10.567% N/A Jun-2005 918.736% N/A Jul-2005 23.559% N/A Jul-2005 1,746.967% N/A Aug-2005 27.783% N/A Aug-2005 1,793.140% 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 0.000% N/A Feb-2005 0.000% N/A Mar-2005 0.000% N/A Mar-2005 0.000% N/A Apr-2005 0.000% N/A Apr-2005 0.000% N/A May-2005 0.000% N/A May-2005 0.000% N/A Jun-2005 0.000% N/A Jun-2005 0.000% N/A Jul-2005 0.000% N/A Jul-2005 0.000% N/A Aug-2005 0.000% N/A Aug-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 0.000% N/A Feb-2005 0.000% N/A Mar-2005 0.000% N/A Mar-2005 0.000% N/A Apr-2005 0.000% N/A Apr-2005 0.000% N/A May-2005 0.000% N/A May-2005 0.000% N/A Jun-2005 0.000% N/A Jun-2005 0.000% N/A Jul-2005 0.000% N/A Jul-2005 0.000% N/A Aug-2005 0.000% N/A Aug-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. Group 1 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 0.000% N/A Feb-2005 0.000% N/A Mar-2005 0.000% N/A Mar-2005 0.000% N/A Apr-2005 0.000% N/A Apr-2005 0.000% N/A May-2005 0.000% N/A May-2005 0.000% N/A Jun-2005 0.000% N/A Jun-2005 0.000% N/A Jul-2005 0.000% N/A Jul-2005 0.000% N/A Aug-2005 0.000% N/A Aug-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 0.000% N/A Feb-2005 0.000% N/A Mar-2005 0.000% N/A Mar-2005 0.000% N/A Apr-2005 0.000% N/A Apr-2005 0.000% N/A May-2005 0.000% N/A May-2005 0.000% N/A Jun-2005 0.000% N/A Jun-2005 0.000% N/A Jul-2005 0.000% N/A Jul-2005 0.000% N/A Aug-2005 0.000% N/A Aug-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. Group 2 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 0.000% N/A Feb-2005 0.000% N/A Mar-2005 0.000% N/A Mar-2005 0.000% N/A Apr-2005 0.000% N/A Apr-2005 0.000% N/A May-2005 0.000% N/A May-2005 0.000% N/A Jun-2005 0.000% N/A Jun-2005 0.000% N/A Jul-2005 0.000% N/A Jul-2005 0.000% N/A Aug-2005 0.000% N/A Aug-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 0.000% N/A Feb-2005 0.000% N/A Mar-2005 0.000% N/A Mar-2005 0.000% N/A Apr-2005 0.000% N/A Apr-2005 0.000% N/A May-2005 0.000% N/A May-2005 0.000% N/A Jun-2005 0.000% N/A Jun-2005 0.000% N/A Jul-2005 0.000% N/A Jul-2005 0.000% N/A Aug-2005 0.000% N/A Aug-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 · Opteum Mortgage Acceptance Corp Asset Backed Pass-Through Certificates, 2005-1