8-K 1 imh05002_8k-200512.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): December 27, 2005 IMPAC CMB TRUST Collateralized Asset-Backed Bonds, Series 2005-2 (Exact name of registrant as specified in its charter) New York (governing law of 333-117817-06 Pooling and Servicing Agreement) (Commission N/A (State or other File Number) IRS EIN jurisdiction of Incorporation) 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 December 27, 2005 a distribution was made to holders of IMPAC CMB TRUST, Collateralized Asset-Backed Bonds, Series 2005-2 Trust. ITEM 9.01 Financial Statements and Exhibits (c) Exhibits Exhibit Number Description EX-99.1 Monthly report distributed to holders of Collateralized Asset-Backed Bonds, Series 2005-2 Trust, relating to the December 27, 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. IMPAC CMB TRUST Collateralized Asset-Backed Bonds, Series 2005-2 Trust (Registrant) By: Wells Fargo Bank, N.A. as Indenture Trustee By: /s/ Beth Belfield as Officer By: Beth Belfield as Officer Date: 12/29/2005 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Collateralized Asset-Backed Bonds, Series 2005-2 Trust, relating to the December 27, 2005 distribution . EX-99.1 Impac CMB Trust Collateralized Asset-Backed Bonds Record Date: 11/30/2005 Distribution Date: 12/27/2005 Impac CMB Trust Collateralized Asset-Backed Bonds Series 2005-2 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

Impac Assets Corp. Collateralized Asset-Backed Bonds Record Date: 7/29/2005 Distribution Date: 8/25/2005 Impac Assets Corp. Collateralized Asset-Backed Bonds Series 2005-2 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~~Class CUSIP Certificate Beginning ~~Class~~Interest Pass-Through Certificate ~~Interest~~Distribution ~~Class CUSIP Description~~ Rate Balance ~~Distribution~~ 1-A-1 45254NMY0 ~~SEN 3~~4.~~72000~~45375% ~~779~~684,~~198~~618,~~293~~153.0161 2,~~496~~710,~~031~~327.8720 1-A-2 45254NMZ7 ~~SEN 3~~4.~~77000~~50375% 8676,~~577~~068,~~588~~683.1173 ~~281~~304,~~064~~528.5230 1-A-IO 45254NNA1 ~~SEN~~ 1.00000% 0.00 ~~498~~349,~~750~~125.00 2-A-1 45254NNJ2 ~~SEN 3~~4.~~76000~~49375% 36,~~726~~430,~~469~~959.1580 ~~118~~145,~~912~~521.1544 2-A-2 45254NNK9 ~~SEN 3~~4.~~86000~~59375% 38,~~798~~486,~~962~~777.7667 ~~128~~157,~~963~~154.4434 1-M-1 45254NNB9 ~~MEZ 3~~4.~~89000~~62375% ~~112~~98,~~438~~790,~~426~~498.1236 ~~376~~406,~~637~~028.4995 1-M-2 45254NNC7 ~~MEZ 3~~4.~~95000~~68375% 5548,~~657~~901,~~020~~296.9369 ~~189~~203,~~311~~592.1740 1-M-3 45254NND5 ~~MEZ 3~~4.~~97000~~70375% 2623,~~423~~215,~~030~~767.1411 9097,~~330~~067.0670 1-M-4 45254NNE3 ~~MEZ~~ 4.~~13000~~86375% 1916,~~114~~794,~~532~~384.4472 6772,~~978~~607.7172 1-M-5 45254NNF0 ~~MEZ~~ 4.~~19000~~92375% 1917,~~676~~288,~~724~~337.5721 7075,~~994~~665.7229 1-M-6 45254NNG8 ~~MEZ~~ 4.~~24000~~97375% 119,~~243~~879,~~842~~049.6184 4143,~~052~~676.5238 2-M-1 45254NNL7 ~~MEZ 3~~4.~~98000~~71375% 7,~~404~~345,~~704~~124.0011 2530,~~377~~776.5707 2-M-2 45254NNM5 ~~MEZ~~ 4.~~21000~~94375% 11,~~254~~164,~~601~~044.0806 4049,~~801~~059.0677 1-B 45254NNH6 ~~SUB 4~~5.~~76000~~49375% 1412,~~054~~348,~~803~~812.2629 5760,~~609~~303.0837 2-B 45254NNN3 ~~SUB~~ 5.~~11000~~84375% 21,~~324~~153,~~920~~335.1004 93109,~~835~~879.5782 OWNER CERT ~~SEN~~ 0.00000% 0.00 1458,~~100,827~~904.2819 Totals 1,~~239~~102,~~893~~485,~~918~~224.2824 5,~~678~~274,~~477~~217.2194

Certificateholder Distribution Summary (continued) Class Principal Current Ending ~~Cumulative~~Total ~~Principal~~Cummulative Distribution Realized Certificate ~~Total~~Distribution Realized ~~Class Distribution~~ Loss Balance ~~Distribution~~ Losses 1-A-1 2024,~~234~~362,~~889~~298.1329 0.00 ~~758~~660,~~963~~255,~~403~~855.8832 2227,~~730~~072,~~921~~625.0049 0.00 1-A-2 2,~~248~~706,~~321~~922.0103 0.00 8473,~~329~~361,~~267~~761.1070 23,~~529~~011,~~385~~450.5333 0.00 1-A-IO 0.00 0.00 0.00 ~~498~~349,~~750~~125.00 0.00 2-A-1 7856,~~530~~766.5442 0.00 36,~~647~~374,~~938~~193.6138 ~~197~~202,~~442~~287.6986 0.00 2-A-2 8259,~~962~~969.0678 0.00 38,~~716~~426,~~000~~807.7089 ~~211~~217,~~925~~124.5012 0.00 1-M-1 23,~~919~~515,~~897~~483.4216 0.00 ~~109~~95,~~518~~275,~~528~~015.7020 3,~~296~~921,~~534~~512.9111 0.00 1-M-2 1,~~445~~740,~~349~~164.2216 0.00 5447,~~211~~161,~~671~~132.7152 1,~~634~~943,~~660~~756.3956 0.00 1-M-3 ~~686~~826,~~175~~138.8954 0.00 2522,~~736~~389,~~854~~628.2457 ~~776~~923,~~505~~206.9524 0.00 1-M-4 ~~496~~597,~~382~~632.5614 0.00 1816,~~618~~196,~~149~~752.8858 ~~564~~670,~~361~~239.2786 0.00 1-M-5 ~~510~~615,~~982~~209.0555 0.00 1916,~~165~~673,~~742~~127.5266 ~~581~~690,~~976~~874.7784 0.00 1-M-6 ~~291~~351,~~989~~548.7432 0.00 109,~~951~~527,~~852~~501.8752 ~~333~~395,~~042~~224.2670 0.00 2-M-1 1511,~~833~~445.1411 0.00 7,~~388~~333,~~870~~678.8699 4142,~~210~~221.7118 0.00 2-M-2 2417,~~065~~395.2072 0.00 11,~~230~~146,~~535~~648.8834 6466,~~866~~455.2649 0.00 1-B ~~364~~439,~~987~~435.1839 0.00 1311,~~689~~909,~~816~~376.0990 ~~422~~499,~~596~~738.2676 0.00 2-B 4532,~~598~~960.1195 0.00 21,~~279~~120,~~321~~374.9909 ~~139~~142,~~433~~840.6877 0.00 OWNER CERT 0.00 0.00 0.00 1458,~~100,827~~904.2819 0.00 Totals 2935,~~445~~333,~~963~~369.2556 0.00 1,~~210~~067,~~447~~151,~~955~~854.0366 3540,~~124~~607,~~440~~587.4650 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 Class Original Beginning Scheduled ~~Unscheduled~~UnScheduled Accretion Realized Face Certificate Principal Principal ~~Realized~~Loss ~~Class~~ Amount Balance Distribution Distribution ~~Accretion Loss (~~1~~) 1~~-A-1 831,600,000.00 ~~779~~684,~~198~~618,~~293~~153.0161 0.00 2024,~~234~~362,~~889~~298.1329 0.00 0.00 1-A-2 92,400,000.00 8676,~~577~~068,~~588~~683.1173 0.00 2,~~248~~706,~~321~~922.0103 0.00 0.00 1-A-IO 0.00 0.00 0.00 0.00 0.00 0.00 2-A-1 37,462,000.00 36,~~726~~430,~~469~~959.1580 0.00 7856,~~530~~766.5442 0.00 0.00 2-A-2 39,576,000.00 38,~~798~~486,~~962~~777.7667 0.00 8259,~~962~~969.0678 0.00 0.00 1-M-1 120,000,000.00 ~~112~~98,~~438~~790,~~426~~498.1236 0.00 23,~~919~~515,~~897~~483.4216 0.00 0.00 1-M-2 59,400,000.00 5548,~~657~~901,~~020~~296.9369 0.00 1,~~445~~740,~~349~~164.2216 0.00 0.00 1-M-3 28,200,000.00 2623,~~423~~215,~~030~~767.1411 0.00 ~~686~~826,~~175~~138.8954 0.00 0.00 1-M-4 20,400,000.00 1916,~~114~~794,~~532~~384.4472 0.00 ~~496~~597,~~382~~632.5614 0.00 0.00 1-M-5 21,000,000.00 1917,~~676~~288,~~724~~337.5721 0.00 ~~510~~615,~~982~~209.0555 0.00 0.00 1-M-6 12,000,000.00 119,~~243~~879,~~842~~049.6184 0.00 ~~291~~351,~~989~~548.7432 0.00 0.00 2-M-1 7,553,000.00 7,~~404~~345,~~704~~124.0011 0.00 1511,~~833~~445.1411 0.00 0.00 2-M-2 11,480,000.00 11,~~254~~164,~~601~~044.0806 0.00 2417,~~065~~395.2072 0.00 0.00 1-B 15,000,000.00 1412,~~054~~348,~~803~~812.2629 0.00 ~~364~~439,~~987~~435.1839 0.00 0.00 2-B 21,752,000.00 21,~~324~~153,~~920~~335.1004 0.00 4532,~~598~~960.1195 0.00 0.00 OWNER CERT 0.00 0.00 0.00 0.00 0.00 0.00 Totals 1,317,823,000.00 1,~~239~~102,~~893~~485,~~918~~224.2824 0.00 2935,~~445~~333,~~963~~369.2556 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) Class Total Ending Ending Total Principal Certificate Certificate Principal ~~Class~~ Reduction Balance Percentage Distribution 1-A-1 2024,~~234~~362,~~889~~298.1329 ~~758~~660,~~963~~255,~~403~~855.8832 0.~~91265441~~793958 2024,~~234~~362,~~889~~298.1329 1-A-2 2,~~248~~706,~~321~~922.0103 8473,~~329~~361,~~267~~761.1070 0.~~91265441~~793958 2,~~248~~706,~~321~~922.0103 1-A-IO 0.00 0.00 0.~~00000000~~000000 0.00 2-A-1 7856,~~530~~766.5442 36,~~647~~374,~~938~~193.6138 0.~~97826968~~970962 7856,~~530~~766.5442 2-A-2 8259,~~962~~969.0678 38,~~716~~426,~~000~~807.7089 0.~~97826968~~970962 8259,~~962~~969.0678 1-M-1 23,~~919~~515,~~897~~483.4216 ~~109~~95,~~518~~275,~~528~~015.7020 0.~~91265441~~793958 23,~~919~~515,~~897~~483.4216 1-M-2 1,~~445~~740,~~349~~164.2216 5447,~~211~~161,~~671~~132.7152 0.~~91265441~~793958 1,~~445~~740,~~349~~164.2216 1-M-3 ~~686~~826,~~175~~138.8954 2522,~~736~~389,~~854~~628.2457 0.~~91265441~~793958 ~~686~~826,~~175~~138.8954 1-M-4 ~~496~~597,~~382~~632.5614 1816,~~618~~196,~~149~~752.8858 0.~~91265441~~793958 ~~496~~597,~~382~~632.5614 1-M-5 ~~510~~615,~~982~~209.0555 1916,~~165~~673,~~742~~127.5266 0.~~91265441~~793958 ~~510~~615,~~982~~209.0555 1-M-6 ~~291~~351,~~989~~548.7432 109,~~951~~527,~~852~~501.8752 0.~~91265441~~793958 ~~291~~351,~~989~~548.7432 2-M-1 1511,~~833~~445.1411 7,~~388~~333,~~870~~678.8699 0.~~97826968~~970962 1511,~~833~~445.1411 2-M-2 2417,~~065~~395.2072 11,~~230~~146,~~535~~648.8834 0.~~97826968~~970962 2417,~~065~~395.2072 1-B ~~364~~439,~~987~~435.1839 1311,~~689~~909,~~816~~376.0990 0.~~91265441~~793958 ~~364~~439,~~987~~435.1839 2-B 4532,~~598~~960.1195 21,~~279~~120,~~321~~374.9909 0.~~97826968~~970962 4532,~~598~~960.1195 OWNER CERT 0.00 0.00 0.~~00000000~~000000 0.00 Totals 2935,~~445~~333,~~963~~369.2556 1,~~210~~067,~~447~~151,~~955~~854.0366 0.~~91852089~~809784 2935,~~445~~333,~~963~~369.2556

Principal Distribution Factors Statement Class Original Beginning Scheduled ~~Unscheduled~~UnScheduled Accretion Face Certificate Principal Principal ~~Class (2)~~ Amount Balance Distribution Distribution ~~Accretion~~ 1-A-1 831,600,000.00 ~~936~~823.~~98688433~~254153 0.~~00000000~~000000 2429.~~33247851~~295693 0.~~00000000~~000000 1-A-2 92,400,000.00 ~~936~~823.~~98688431~~254153 0.~~00000000~~000000 2429.~~33247846~~295693 0.~~00000000~~000000 1-A-IO 0.00 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 2-A-1 37,462,000.00 ~~980~~972.~~36594816~~477705 0.~~00000000~~000000 21.~~09627196~~515307 0.~~00000000~~000000 2-A-2 39,576,000.00 ~~980~~972.~~36594805~~477705 0.~~00000000~~000000 21.~~09627198~~515307 0.~~00000000~~000000 1-M-1 120,000,000.00 ~~936~~823.~~98688433~~254153 0.~~00000000~~000000 2429.~~33247850~~295693 0.~~00000000~~000000 1-M-2 59,400,000.00 ~~936~~823.~~98688434~~254153 0.~~00000000~~000000 2429.~~33247845~~295693 0.~~00000000~~000000 1-M-3 28,200,000.00 ~~936~~823.~~98688440~~254153 0.~~00000000~~000000 2429.~~33247837~~295693 0.~~00000000~~000000 1-M-4 20,400,000.00 ~~936~~823.~~98688431~~254153 0.~~00000000~~000000 2429.~~33247843~~295693 0.~~00000000~~000000 1-M-5 21,000,000.00 ~~936~~823.~~98688429~~254153 0.~~00000000~~000000 2429.~~33247857~~295693 0.~~00000000~~000000 1-M-6 12,000,000.00 ~~936~~823.~~98688417~~254153 0.~~00000000~~000000 2429.~~33247833~~295693 0.~~00000000~~000000 2-M-1 7,553,000.00 ~~980~~972.~~36594731~~477706 0.~~00000000~~000000 21.~~09627168~~515307 0.~~00000000~~000000 2-M-2 11,480,000.00 ~~980~~972.~~36594774~~477706 0.~~00000000~~000000 21.~~09627178~~515307 0.~~00000000~~000000 1-B 15,000,000.00 ~~936~~823.~~98688400~~254153 0.~~00000000~~000000 2429.~~33247867~~295693 0.~~00000000~~000000 2-B 21,752,000.00 ~~980~~972.~~36594796~~477705 0.~~00000000~~000000 21.~~09627207~~515307 0.~~00000000~~000000 OWNER CERT 0.00 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000 (2) All classes are per $1,000.00 denomination~~000000

Principal Distribution Factors Statement (continued) Class Realized Total Ending Ending Total ~~Realized~~Loss Principal Certificate Certificate Principal ~~Class Loss (3)~~ Reduction Balance Percentage Distribution 1-A-1 0.~~00000000~~000000 2429.~~33247851~~295693 ~~912~~793.~~65440582~~958460 0.~~91265441~~793958 2429.~~33247851~~295693 1-A-2 0.~~00000000~~000000 2429.~~33247846~~295693 ~~912~~793.~~65440584~~958460 0.~~91265441~~793958 2429.~~33247846~~295693 1-A-IO 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 2-A-1 0.~~00000000~~000000 21.~~09627196~~515307 ~~978~~970.~~26967621~~962399 0.~~97826968~~970962 21.~~09627196~~515307 2-A-2 0.~~00000000~~000000 21.~~09627198~~515307 ~~978~~970.~~26967607~~962399 0.~~97826968~~970962 21.~~09627198~~515307 1-M-1 0.~~00000000~~000000 2429.~~33247850~~295693 ~~912~~793.~~65440583~~958460 0.~~91265441~~793958 2429.~~33247850~~295693 1-M-2 0.~~00000000~~000000 2429.~~33247845~~295693 ~~912~~793.~~65440589~~958460 0.~~91265441~~793958 2429.~~33247845~~295693 1-M-3 0.~~00000000~~000000 2429.~~33247837~~295693 ~~912~~793.~~65440567~~958460 0.~~91265441~~793958 2429.~~33247837~~295693 1-M-4 0.~~00000000~~000000 2429.~~33247843~~295693 ~~912~~793.~~65440588~~958460 0.~~91265441~~793958 2429.~~33247843~~295693 1-M-5 0.~~00000000~~000000 2429.~~33247857~~295693 ~~912~~793.~~65440571~~958460 0.~~91265441~~793958 2429.~~33247857~~295693 1-M-6 0.~~00000000~~000000 2429.~~33247833~~295693 ~~912~~793.~~65440583~~958460 0.~~91265441~~793958 2429.~~33247833~~295693 2-M-1 0.~~00000000~~000000 21.~~09627168~~515307 ~~978~~970.~~26967563~~962398 0.~~97826968~~970962 21.~~09627168~~515307 2-M-2 0.~~00000000~~000000 21.~~09627178~~515307 ~~978~~970.~~26967596~~962399 0.~~97826968~~970962 21.~~09627178~~515307 1-B 0.~~00000000~~000000 2429.~~33247867~~295693 ~~912~~793.~~65440600~~958460 0.~~91265441~~793958 2429.~~33247867~~295693 2-B 0.~~00000000~~000000 21.~~09627207~~515307 ~~978~~970.~~26967589~~962398 0.~~97826968~~970962 21.~~09627207~~515307 OWNER CERT 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 ~~(3)~~All ~~Amount~~classes ~~Does~~are ~~Not~~per ~~Include Excess Special Hazard~~$1, ~~Bankruptcy, or Fraud Losses Unless Otherwise Disclosed~~000.00 ~~Please Refer to the Prospectus Supplement for a Full Description.~~denomination

Interest Distribution Statement ~~Beginning~~Class ~~Payment~~Accrual ofAccrual ~~Original~~ Current ~~Certificate/~~Beginning Current ~~Unpaid~~Payment ~~Current~~of ~~Face~~Dates Days Certificate ~~Notional~~Certificate/ Accrued ~~Interest~~Unpaid Interest ~~Class Amount~~ Rate Notional Balance Interest Shortfall ~~Shortfall~~ 1-A-1 ~~831,600,000.00~~11/25/05 3- 12/26/05 32 4.~~72000~~45375% ~~779~~684,~~198~~618,~~293~~153.0161 2,~~496~~710,~~031~~327.8720 0.00 ~~0.00~~ 1-A-2 ~~92,400,000.00~~11/25/05 3- 12/26/05 32 4.~~77000~~50375% 8676,~~577~~068,~~588~~683.1173 ~~281~~304,~~064~~528.5230 0.00 ~~0.00~~ 1-A-IO ~~0.00~~11/01/05 - 11/30/05 30 1.00000% ~~598~~418,~~500~~950,000.00 ~~498~~349,~~750~~125.00 0.00 ~~0.00~~ 2-A-1 ~~37,462,000.00~~11/25/05 3- 12/26/05 32 4.~~76000~~49375% 36,~~726~~430,~~469~~959.1580 ~~118~~145,~~912~~521.1544 0.00 ~~0.00~~ 2-A-2 ~~39,576,000.00~~11/25/05 3- 12/26/05 32 4.~~86000~~59375% 38,~~798~~486,~~962~~777.7667 ~~128~~157,~~963~~154.4434 0.00 ~~0.00~~ 1-M-1 ~~120,000,000.00~~11/25/05 3- 12/26/05 32 4.~~89000~~62375% ~~112~~98,~~438~~790,~~426~~498.1236 ~~376~~406,~~637~~028.4995 0.00 ~~0.00~~ 1-M-2 ~~59,400,000.00~~11/25/05 3- 12/26/05 32 4.~~95000~~68375% 5548,~~657~~901,~~020~~296.9369 ~~189~~203,~~311~~592.1740 0.00 ~~0.00~~ 1-M-3 ~~28,200,000.00~~11/25/05 3- 12/26/05 32 4.~~97000~~70375% 2623,~~423~~215,~~030~~767.1411 9097,~~330~~067.0670 0.00 ~~0.00~~ 1-M-4 ~~20,400,000.00~~11/25/05 - 12/26/05 32 4.~~13000~~86375% 1916,~~114~~794,~~532~~384.4472 6772,~~978~~607.7172 0.00 ~~0.00~~ 1-M-5 ~~21,000,000.00~~11/25/05 - 12/26/05 32 4.~~19000~~92375% 1917,~~676~~288,~~724~~337.5721 7075,~~994~~665.7229 0.00 ~~0.00~~ 1-M-6 11/25/05 - 12~~,000,000.00~~/26/05 32 4.~~24000~~97375% 119,~~243~~879,~~842~~049.6184 4143,~~052~~676.5238 0.00 ~~0.00~~ 2-M-1 ~~7,553,000.00~~11/25/05 3- 12/26/05 32 4.~~98000~~71375% 7,~~404~~345,~~704~~124.0011 2530,~~377~~776.5707 0.00 ~~0.00~~ 2-M-2 11~~,480,000.00~~/25/05 - 12/26/05 32 4.~~21000~~94375% 11,~~254~~164,~~601~~044.0806 4049,~~801~~059.0677 0.00 ~~0.00~~ 1-B ~~15,000,000.00~~11/25/05 4- 12/26/05 32 5.~~76000~~49375% 1412,~~054~~348,~~803~~812.2629 5760,~~609~~303.0837 0.00 ~~0.00~~ 2-B ~~21,752,000.00~~11/25/05 - 12/26/05 32 5.~~11000~~84375% 21,~~324~~153,~~920~~335.1004 93109,~~835~~879.5782 0.00 ~~0.00~~ OWNER CERT ~~0.00~~N/A N/A 0.00000% 1,~~243~~108,~~434~~746,~~305~~556.0059 0.00 0.00 ~~0.00~~ Totals ~~1,317,823,000.00~~ 4,~~577~~815,~~649~~313.9375 0.00 ~~0.00~~

Interest Distribution Statement (continued) ~~Remaining~~Class ~~Ending~~Current Non-Supported Total ~~Unpaid~~Remaining ~~Certificate/~~Ending Interest ~~Realized~~Interest Interest Unpaid Interest Certificate/Notional ~~Class~~ Shortfall ~~Losses~~ (41) Shortfall Distribution Shortfall(2) Balance 1-A-1 0.00 0.00 2,~~496~~710,~~031~~327.8720 0.00 ~~758~~660,~~963~~255,~~403~~855.8832 1-A-2 0.00 0.00 ~~281~~304,~~064~~528.5230 0.00 8473,~~329~~361,~~267~~761.1070 1-A-IO 0.00 0.00 ~~498~~349,~~750~~125.00 0.00 ~~418,950,000~~0.00 2-A-1 0.00 0.00 ~~118~~145,~~912~~521.1544 0.00 36,~~647~~374,~~938~~193.6138 2-A-2 0.00 0.00 ~~128~~157,~~963~~154.4434 0.00 38,~~716~~426,~~000~~807.7089 1-M-1 0.00 0.00 ~~376~~406,~~637~~028.4995 0.00 ~~109~~95,~~518~~275,~~528~~015.7020 1-M-2 0.00 0.00 ~~189~~203,~~311~~592.1740 0.00 5447,~~211~~161,~~671~~132.7152 1-M-3 0.00 0.00 9097,~~330~~067.0670 0.00 2522,~~736~~389,~~854~~628.2457 1-M-4 0.00 0.00 6772,~~978~~607.7172 0.00 1816,~~618~~196,~~149~~752.8858 1-M-5 0.00 0.00 7075,~~994~~665.7229 0.00 1916,~~165~~673,~~742~~127.5266 1-M-6 0.00 0.00 4143,~~052~~676.5238 0.00 109,~~951~~527,~~852~~501.8752 2-M-1 0.00 0.00 2530,~~377~~776.5707 0.00 7,~~388~~333,~~870~~678.8699 2-M-2 0.00 0.00 4049,~~801~~059.0677 0.00 11,~~230~~146,~~535~~648.8834 1-B 0.00 0.00 5760,~~609~~303.0837 0.00 1311,~~689~~909,~~816~~376.0990 2-B 0.00 0.00 93109,~~835~~879.5782 0.00 21,~~279~~120,~~321~~374.9909 OWNER CERT 0.00 0.00 1458,~~100,827~~904.2819 0.00 1,~~214~~074,~~112~~109,~~264~~208.5042 Totals 0.00 0.00 5,~~678~~274,~~477~~217.2194 0.00 (41,2) Amount ~~Does~~also ~~Not~~includes ~~Include~~coupon ~~Excess~~cap ~~Special Hazard, Bankruptcy,~~ or ~~Fraud~~basis ~~Losses~~risk ~~Unless~~shortfalls,if ~~Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.~~applicable

Interest Distribution Factors Statement ~~Beginning~~Class ~~Payment~~Accrual of Original Current ~~Certificate/~~Beginning Current ~~Unpaid~~Payment ~~Current~~of Dates Face Certificate Certificate/Notional Accrued ~~Interest~~Unpaid Interest ~~Class (5)~~ Amount Rate Balance Interest Shortfall ~~Shortfall~~ 1-A-1 11/25/05 - 12/26/05 831,600,000.00 34.~~72000~~45375% ~~936~~823.~~98688433~~254153 3.~~00148133~~259172 0.~~00000000~~000000 ~~0.00000000~~ 1-A-2 11/25/05 - 12/26/05 92,400,000.00 34.~~77000~~50375% ~~936~~823.~~98688431~~254153 3.~~04182381~~295761 0.~~00000000~~000000 ~~0.00000000~~ 1-A-IO 11/01/05 - 11/30/05 0.00 1.00000% ~~498~~349.~~75000000~~125000 0.~~41562500~~290938 0.~~00000000~~000000 ~~0.00000000~~ 2-A-1 11/25/05 - 12/26/05 37,462,000.00 34.~~76000~~49375% ~~980~~972.~~36594816~~477705 3.~~17420720~~884508 0.~~00000000~~000000 ~~0.00000000~~ 2-A-2 11/25/05 - 12/26/05 39,576,000.00 34.~~86000~~59375% ~~980~~972.~~36594805~~477705 3.~~25862745~~970951 0.~~00000000~~000000 ~~0.00000000~~ 1-M-1 11/25/05 - 12/26/05 120,000,000.00 34.~~89000~~62375% ~~936~~823.~~98688433~~254153 3.~~13864575~~383575 0.~~00000000~~000000 ~~0.00000000~~ 1-M-2 11/25/05 - 12/26/05 59,400,000.00 34.~~95000~~68375% ~~936~~823.~~98688434~~254153 3.~~18705673~~427481 0.~~00000000~~000000 ~~0.00000000~~ 1-M-3 11/25/05 - 12/26/05 28,200,000.00 34.~~97000~~70375% ~~936~~823.~~98688440~~254153 3.~~20319362~~442117 0.~~00000000~~000000 ~~0.00000000~~ 1-M-4 11/25/05 - 12/26/05 20,400,000.00 4.~~13000~~86375% ~~936~~823.~~98688431~~254153 3.~~33228971~~559202 0.~~00000000~~000000 ~~0.00000000~~ 1-M-5 11/25/05 - 12/26/05 21,000,000.00 4.~~19000~~92375% ~~936~~823.~~98688429~~254153 3.~~38070095~~603109 0.~~00000000~~000000 ~~0.00000000~~ 1-M-6 11/25/05 - 12/26/05 12,000,000.00 4.~~24000~~97375% ~~936~~823.~~98688417~~254153 3.~~42104333~~639698 0.~~00000000~~000000 ~~0.00000000~~ 2-M-1 11/25/05 - 12/26/05 7,553,000.00 34.~~98000~~71375% ~~980~~972.~~36594731~~477706 34.~~35993248~~074682 0.~~00000000~~000000 ~~0.00000000~~ 2-M-2 11/25/05 - 12/26/05 11,480,000.00 4.~~21000~~94375% ~~980~~972.~~36594774~~477706 34.~~55409930~~273499 0.~~00000000~~000000 ~~0.00000000~~ 1-B 11/25/05 - 12/26/05 15,000,000.00 45.~~76000~~49375% ~~936~~823.~~98688400~~254153 34.~~84060533~~020225 0.~~00000000~~000000 ~~0.00000000~~ 2-B 11/25/05 - 12/26/05 21,752,000.00 5.~~11000~~84375% ~~980~~972.~~36594796~~477705 45.~~31388240~~051481 0.~~00000000~~000000 ~~0.00000000~~ OWNER CERT N/A 0.00 0.00000% ~~941~~839.~~39374926~~422777 0.~~00000000~~000000 0.~~00000000 0.00000000 (5) All classes are per $1,000.00 denomination~~000000

Interest Distribution Factors Statement (continued) ~~Remaining~~Class ~~Ending~~Current Non-Supported Total Remaining Unpaid ~~Certificate/~~Ending Interest ~~Realized~~Interest Interest Interest ~~Notional~~Certificate/ ~~Class~~ Shortfall ~~Losses~~ (61) Shortfall Distribution Shortfall(2) Notional Balance 1-A-1 0.~~00000000~~000000 0.~~00000000~~000000 3.~~00148133~~259172 0.~~00000000~~000000 ~~912~~793.~~65440582~~958460 1-A-2 0.~~00000000~~000000 0.~~00000000~~000000 3.~~04182381~~295761 0.~~00000000~~000000 ~~912~~793.~~65440584~~958460 1-A-IO 0.~~00000000~~000000 0.~~00000000~~000000 0.~~41562500~~290938 0.~~00000000~~000000 ~~349~~0.~~12500000~~000000 2-A-1 0.~~00000000~~000000 0.~~00000000~~000000 3.~~17420720~~884508 0.~~00000000~~000000 ~~978~~970.~~26967621~~962399 2-A-2 0.~~00000000~~000000 0.~~00000000~~000000 3.~~25862745~~970951 0.~~00000000~~000000 ~~978~~970.~~26967607~~962399 1-M-1 0.~~00000000~~000000 0.~~00000000~~000000 3.~~13864575~~383575 0.~~00000000~~000000 ~~912~~793.~~65440583~~958460 1-M-2 0.~~00000000~~000000 0.~~00000000~~000000 3.~~18705673~~427481 0.~~00000000~~000000 ~~912~~793.~~65440589~~958460 1-M-3 0.~~00000000~~000000 0.~~00000000~~000000 3.~~20319362~~442117 0.~~00000000~~000000 ~~912~~793.~~65440567~~958460 1-M-4 0.~~00000000~~000000 0.~~00000000~~000000 3.~~33228971~~559202 0.~~00000000~~000000 ~~912~~793.~~65440588~~958460 1-M-5 0.~~00000000~~000000 0.~~00000000~~000000 3.~~38070095~~603109 0.~~00000000~~000000 ~~912~~793.~~65440571~~958460 1-M-6 0.~~00000000~~000000 0.~~00000000~~000000 3.~~42104333~~639698 0.~~00000000~~000000 ~~912~~793.~~65440583~~958460 2-M-1 0.~~00000000~~000000 0.~~00000000~~000000 34.~~35993248~~074682 0.~~00000000~~000000 ~~978~~970.~~26967563~~962398 2-M-2 0.~~00000000~~000000 0.~~00000000~~000000 34.~~55409930~~273499 0.~~00000000~~000000 ~~978~~970.~~26967596~~962399 1-B 0.~~00000000~~000000 0.~~00000000~~000000 34.~~84060533~~020225 0.~~00000000~~000000 ~~912~~793.~~65440600~~958460 2-B 0.~~00000000~~000000 0.~~00000000~~000000 45.~~31388240~~051481 0.~~00000000~~000000 ~~978~~970.~~26967589~~962398 OWNER CERT 0.~~00000000~~000000 0.~~00000000~~000000 0.~~83342716~~347433 0.~~00000000~~000000 ~~919~~813.~~19427678~~199130 (61,2) Amount ~~Does~~also ~~Not~~includes ~~Include~~coupon ~~Excess~~cap ~~Special Hazard, Bankruptcy,~~or ~~Fraud~~basis ~~Losses~~risk ~~Unless~~shortfalls,if ~~Otherwise Disclosed~~applicable. ~~Please~~All ~~Refer~~classes toare ~~the~~per ~~Prospectus Supplement for a Full Description~~$1,000.00 denomination

CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 3540,~~238~~409,~~870~~858.1742 ~~Liquidations,~~Reserve ~~Insurance~~Funds ~~Proceeds,~~and ~~Reserve~~Credit ~~Funds~~Enhancements 0.00 Proceeds from Repurchased Loans 0.00 ~~Other Amounts (~~Servicer Advances) 0.00 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0(1,796.0029) Prepayment Penalties ~~240~~513,~~635~~658.5291 Swap/Cap Payments 0.00 Total Deposits 3540,~~479~~921,~~505~~721.6904 Withdrawals ~~Reimbursement~~Swap ~~for~~Payments ~~Servicer~~0.00 ~~Advances~~Reserve Funds and Credit Enhancements 0.00 ~~Payment~~Total ofAdministration ~~Service~~Fees ~~Fee 355~~314,~~065~~133.2354 Payment of Interest and Principal 3540,~~124~~607,~~440~~587.4650 Total Withdrawals (Pool Distribution Amount) 3540,~~479~~921,~~505~~721.6904 Ending Balance 0.00

~~SERVICING~~ADMINISTRATION FEES Gross Servicing Fee* ~~352~~311,~~060~~454.2707 Indenture Trustee Fee - Wells Fargo Bank N.A. 1,~~243~~108.4375 Owner Trustee Fee - Wilmington Trust Company 1,~~761~~570.5372 Supported Prepayment/Curtailment Interest Shortfall 0.00 ~~Net~~Total ~~Servicing~~Administration ~~Fee~~Fees ~~355~~314,~~065~~133.2354 *Servicer Payees include: IMPAC FUNDING CORPORATION

OTHER ACCOUNTS ~~Beginning~~Account ~~Current~~Name ~~Current~~Funds ~~Ending~~In ~~Account~~(A) ~~Type~~Funds ~~Balance~~Out(B) ~~Withdrawals~~Net ~~Deposits~~Amount(A ~~Balance~~- B) Financial Guaranty 0.00 0.00 0.00 ~~0.00~~

~~LOAN~~COLLATERAL ~~STATUS STRATIFICATION/CREDIT ENHANCEMENT~~ STATEMENT ~~DELINQUENT~~Collateral ~~BANKRUPTCY~~Description ~~FORECLOSURE~~Mixed ~~REO~~Fixed ~~Total~~& NoArm ofWeighted ~~Loans~~Average NoGross ofCoupon ~~Loans~~5.867728% NoWeighted ofAverage ~~Loans~~Net NoCoupon of5.530641% ~~Loans~~Weighted NoAverage ~~of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0~~Pass-29Through ~~Days~~Rate 5 ~~0 0 5 617,625~~.15400951% ~~0.00~~Weighted ~~0.00~~Average ~~617,625.15~~Remaining 30Term ~~Days~~349 44Beginning 0Scheduled 0Collateral 0Loan 44Count 113,~~212,595.39~~840 ~~0.00~~Number ~~0.00~~Of ~~0.00~~Loans ~~11,212,595.39~~Paid 60In ~~Days~~Full 19133 1Ending 1Scheduled 0Collateral 21Loan ~~7,102,004.18~~Count ~~277~~3,~~880.53~~707 ~~699,900.00~~Beginning ~~0.00~~Scheduled ~~8,079,784.71~~Collateral 90Balance ~~Days 14 0 3 0 17 3~~1,~~867~~108,~~911.85 0.00 588~~746,~~800~~556.0059 ~~0.00~~Ending ~~4,456,711.85~~Scheduled ~~120~~Collateral ~~Days~~Balance 0 1 ~~2 0 3 0.00 596~~,~~350.59 554~~074,~~975.17 0.00 1~~109,~~151,325~~208.7642 ~~150~~Ending ~~Days~~Actual 0Collateral 0Balance 0at 030-Nov-2005 ~~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 77 7 6 0 90 22~~1,~~182~~074,~~511~~109,208.42 ~~1,491,856.27~~Monthly ~~1,843,675.17~~P&I ~~0.00~~Constant 255,~~518~~784,~~042~~095.8677 NoSpecial ofServicing ~~Loans~~Fee ~~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~~.~~119133%~~00 ~~0.000000%~~Prepayment ~~0.000000%~~Penalty ~~0.119133%~~Waived ~~0.050871%~~Amount 0.~~000000%~~00 ~~0.000000%~~Prepayment ~~0.050871%~~Penalty 30Waived ~~Days~~Count ~~1.048368%~~ 0~~.000000%~~ ~~0.000000%~~Prepayment ~~0.000000%~~Penalty ~~1.048368%~~Paid ~~0.923522%~~Amount 0513,658.~~000000%~~91 ~~0.000000%~~Prepayment ~~0.000000%~~Penalty ~~0.923522%~~Paid 60Count ~~Days~~Not ~~0.452704%~~Available ~~0.023827%~~Realized ~~0.023827%~~Loss ~~0.000000%~~Amount 01,796.~~500357%~~29 ~~0.584954%~~Cumulative ~~0.022888%~~Realized ~~0.057647%~~Loss 0.000000% 0.665489% 90 Days 0.333572% 0.000000% 0.071480% 0.000000% 0.405051% 0.318579% 0.000000% 0.048496% 0.000000% 0.367076% 120 Days 0.000000% 0.023827% 0.047653% 0.000000% 0.071480% 0.000000% 0.049118% 0.045710% 0.000000% 0.094829% 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 1,796.~~834644%~~29 ~~0.166786%~~Scheduled ~~0.142959%~~Principal 0362,576.~~000000%~~07 ~~2.144389%~~Unscheduled ~~1.827056%~~Principal 034,274,772.~~122876% 0.151854% 0.000000% 2.101786%~~10

~~DELINQUENT~~Group ~~BANKRUPTCY~~Level ~~FORECLOSURE~~Collateral ~~REO~~Statement ~~Total~~Group 1 No2 ofTotal ~~Loans~~Collateral NoDescription ofFixed ~~Loans~~15/30 No& ofARM ~~Loans~~Mixed NoARM ofMixed ~~Loans~~Fixed No& ofArm ~~Loans~~Weighted ~~Principal~~Average ~~Balance~~Coupon ~~Principal~~Rate ~~Balance Principal Balance Principal Balance Principal Balance 0-29 Days~~ 5.920226 ~~0 0~~ 5 ~~617,625~~.15429146 05.00867728 ~~0.00~~Weighted ~~617,625.15~~Average 30Net ~~Days~~Rate ~~44 0 0 0 44 11,212,595~~5.39558709 05.00296146 05.00530641 ~~0.00~~Weighted ~~11,212,595.39~~Average 60Remaining ~~Days~~Term 19349 1349 1349 0Beginning 21Loan ~~7,102,004.18~~Count ~~277~~3,~~880.53~~729 ~~699~~111 3,~~900.00~~840 ~~0.00~~Loans ~~8,079,784.71~~Paid 90In ~~Days~~Full 14133 0 3133 0Ending 17Loan Count 3,~~867,911.85~~596 ~~0.00~~111 ~~588~~3,~~800.00~~707 ~~0.00~~Beginning ~~4,456,711.85~~Scheduled ~~120~~Balance ~~Days 0 1 2 0 3 0.00 596~~990,~~350~~219,576.5908 ~~554~~118,~~975~~526,980.1751 ~~0.00~~ 1,~~151~~108,~~325~~746,556.7659 ~~150~~Ending ~~Days~~Scheduled 0Balance ~~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 77 7 6 0 90 22~~955,~~182~~727,~~511~~547.4224 1118,~~491~~381,~~856~~661.2718 1,~~843~~074,~~675.17 0.00 25~~109,~~518,042~~208.8642 ~~0-29~~Record ~~Days~~Date ~~0.122369%~~11/30/2005 ~~0.000000%~~11/30/2005 ~~0.000000% 0.122369% 0.056395% 0.000000% 0.000000% 0.056395%~~ 11/30/2005 ~~Days~~Principal ~~1.076848%~~And ~~0.000000%~~Interest ~~0.000000%~~Constant 05,108,374.~~000000%~~19 1675,721.~~076848%~~58 15,784,095.~~023808%~~77 ~~0.000000%~~Scheduled ~~0.000000%~~Principal 0223,104.~~000000%~~69 1139,471.~~023808%~~38 ~~60 Days 0~~362,576.~~465002%~~07 ~~0.024474%~~Unscheduled ~~0.024474%~~Principal 034,268,924.~~000000%~~15 05,847.~~513950%~~95 034,274,772.~~648475%~~10 ~~0.025373%~~Scheduled ~~0.063907%~~Interest 04,885,269.~~000000%~~50 0536,250.~~737755%~~20 ~~90 Days 0~~5,421,519.~~342633%~~70 ~~0.000000%~~Servicing ~~0.073421%~~Fee 0298,317.~~000000%~~33 013,136.~~416055%~~74 0311,454.~~353174%~~07 ~~0.000000%~~Master ~~0.053763%~~Servicing ~~0.000000%~~Fee 0.~~406937%~~00 ~~120 Days~~ 0.~~000000%~~00 0.~~024474%~~00 ~~0.048948%~~Trustee ~~0.000000%~~Fee 0990.~~073421%~~22 0118.~~000000%~~53 0.054452% 0.050674% 0.000000% 0.105126% 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 1,108.~~884484%~~75 ~~0.171317%~~FRY ~~0.146843%~~Amount 0.000000% 2.202643% 2.025457% 0.136220% 0.168344% 0.000000% 2.330021% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 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 0 0 0 0 0.00 0.00 0.00 ~~0.00~~Special 30Hazard ~~Days~~Fee 0 ~~0 0 0 0 0~~.00 0.00 0.00 ~~0.00~~Other ~~0.00~~Fee ~~60 Days 0 0 0 0 0 0~~115,587.0098 03,131.0008 0118,719.0006 ~~0.00~~Pool ~~0.00~~Insurance 90Fee ~~Days~~ 0 ~~0 0 0 0 0~~.00 0.00 0.00 ~~0.00~~Spread ~~0.00~~1 ~~120 Days~~ 0 ~~0 0 0 0 0~~.00 0.00 0.00 ~~0.00~~Spread ~~0.00~~2 ~~150 Days~~ 0 ~~0 0 0 0 0~~.00 0.00 0.00 ~~0.00~~Spread ~~0.00~~3 ~~180+ Days~~ 0 ~~0 0 0 0 0~~.00 0.00 0.00 ~~0.00~~Net ~~0.00~~Interest ~~Totals 0 0 0 0 0 0~~4,470,373.0097 0519,863.0085 04,990,237.0082 ~~0.00~~Realized ~~0.00~~Loss ~~0-29~~Amount ~~Days 0~~1,796.~~000000%~~29 0.~~000000%~~00 01,796.~~000000%~~29 ~~0.000000%~~Cumulative ~~0.000000%~~Realized ~~0.000000%~~Loss 01,796.~~000000%~~29 0.~~000000%~~00 ~~30 Days 0~~1,796.~~000000%~~29 ~~0.000000%~~Percentage ~~0.000000%~~of ~~0.000000%~~Cumulative ~~0.000000%~~Losses 0.~~000000%~~0001 0.~~000000%~~0000 0.~~000000%~~0001 ~~0.000000%~~Prepayment ~~0.000000%~~Penalty 60Waived ~~Days~~Amount 0.~~000000%~~00 0.~~000000%~~00 0.~~000000%~~00 ~~0.000000%~~Prepayment ~~0.000000%~~Penalty ~~0.000000%~~Waived ~~0.000000%~~Count 0~~.000000%~~ 0~~.000000%~~ 0~~.000000%~~ 90Prepayment ~~Days~~Penalty ~~0.000000%~~Paid ~~0.000000%~~Amount ~~0.000000%~~Not ~~0.000000%~~Available ~~0.000000%~~Not ~~0.000000%~~Available 0513658.~~000000%~~91 ~~0.000000%~~Prepayment ~~0.000000%~~Penalty ~~0.000000%~~Paid ~~120~~Count ~~Days~~Not ~~0.000000%~~Available ~~0.000000%~~Not ~~0.000000%~~Available ~~0.000000%~~Not ~~0.000000%~~Available ~~0.000000%~~Special ~~0.000000%~~Servicing ~~0.000000%~~Fee 0.~~000000%~~00 0.~~000000%~~00 ~~150 Days~~ 0.~~000000%~~00 ~~0.000000%~~Pass-Through ~~0.000000%~~Rate 05.~~000000%~~417434 05.~~000000%~~263246 05.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%400951

~~Summary~~Delinquency 12Status ~~Month~~By ~~REO~~Group History*DELINQUENT ~~New~~BANKRUPTCY FORECLOSURE REO TOTAL 1 No of Loans ~~Month~~No ~~REO~~of ~~Percentage~~Loans No of Loans inNo ~~REO~~of 0Loans ~~Sep-04~~No ~~0.000%~~of ~~Original~~Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 16 1 0 17 2,362,739.17 224,667.81 0.00 ~~Oct-04~~2,587,406.98 30 Days 42 2 0 0 44 10,552,798.~~000%~~45 ~~Current~~204,985.78 ~~Principal~~0.00 ~~Balance~~0.00 10,757,784.23 60 Days 16 0 0 0 16 2,788,636.36 0.00 ~~Nov-04~~0.00 0.~~000%~~00 ~~Dec-04~~2,788,636.36 90 Days 4 0 7 0 11 973,636.~~000%~~34 ~~Current~~0.00 ~~REO~~1,162,890.76 ~~Total~~0.00 ~~Jan-05~~2,136,527.10 120 Days 2 2 9 0 13 478,757.18 760,000%.01 ~~Loans~~1,898,521.50 in0.00 ~~REO~~3,137,278.69 150 Days 1 1 3 0 ~~Feb-05~~5 208,000.00 147,008.41 1,181,300.01 0.~~000%~~00 ~~Original~~1,536,308.42 ~~Principal~~180+ ~~Balance~~Days 2 1 11 0 14 310,944.27 196,000.00 ~~Mar-05~~3,850,392.24 0.~~000%~~00 ~~Current~~4,357,336.51 ~~Principal~~Totals ~~Balance~~67 22 31 0 120 15,312,772.60 3,670,733.37 8,317,772.32 0.00 ~~Apr~~27,301,278.29 0-0529 Days 0.~~000~~444939% ~~May-05~~0.027809% 0.~~000~~000000% ~~Jun-05~~0.472747% 0.~~000~~247219% ~~Jul-05~~0.023508% 0.~~000~~000000% ~~Aug-05~~0.270726% 30 Days 1.167964% 0.~~000~~055617% *The0.000000% ~~text~~0.000000% ~~reported~~1.223582% in1.104164% ~~the~~0.021448% ~~above~~0.000000% ~~table~~0.000000% is1.125612% ~~presented~~60 ~~graphically~~Days on0.444939% ~~the~~0.000000% ~~monthly~~0.000000% ~~bond~~0.000000% ~~remittance~~0.444939% ~~report~~0.291782% ~~The~~0.000000% ~~monthly~~0.000000% ~~bond~~0.000000% ~~remittance~~0.291782% ~~report~~90 ~~can~~Days be0.111235% ~~viewed~~0.000000% ~~online~~0.194661% at0.000000% ~~www~~0.~~ctslink~~305895% 0.~~com~~101874% 0.000000% 10.121676% 120.000000% ~~Month~~0.223550% ~~REO~~120 History*Days ~~New~~0.055617% ~~REO~~0.055617% ~~Loans~~0.250278% ~~Month~~0.000000% ~~REO~~0.361513% ~~Percentage~~0.050093% ~~Loans~~0.079521% in0.198647% ~~REO~~0.000000% 0.328261% ~~Sep-04~~150 Days 0.~~000~~027809% ~~Original~~0.027809% ~~Principal~~0.083426% ~~Balance~~0.000000% 0.00139043% ~~Oct-04~~0.021764% 0.~~000~~015382% ~~Current~~0.123602% ~~Principal~~0.000000% ~~Balance~~0.160748% 180+ Days 0.00055617% ~~Nov-04~~0.027809% 0.~~000~~305895% ~~Dec-04~~0.000000% 0.~~000~~389321% ~~Current~~0.032535% ~~REO~~0.020508% ~~Total~~0.402876% ~~Jan-05~~0.000000% 0.~~000~~455918% ~~Loans~~Totals in1.863181% ~~REO~~0.611791% 0.862069% ~~Feb-05~~0.000000% 3.337041% 1.602211% 0.~~000~~384077% ~~Original~~0.870308% 0.000000% 2.856596% DELINQUENT BANKRUPTCY FORECLOSURE REO TOTAL 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 0 0 0 0 0.00 ~~Mar-05~~0.00 0.~~000%~~00 ~~Current~~0.00 ~~Principal~~30 ~~Balance~~Days 0 0 0 0 0 0.00 ~~Apr-05~~0.00 0.~~000%~~00 ~~May-05~~0.00 0.~~000%~~00 ~~Jun-05~~60 Days 0 0 0 0 0 0.~~000%~~00 ~~Jul-05~~0.00 0.~~000%~~00 ~~Aug-05~~0.00 0.~~000%~~00 *The90 ~~text~~Days ~~reported~~0 in0 ~~the~~0 ~~above~~0 ~~table~~0 is0.00 ~~presented~~0.00 ~~graphically~~0.00 on0.00 ~~the~~0.00 ~~monthly~~120 ~~bond~~Days ~~remittance~~0 ~~report~~0 0 0 0 0.00 ~~The~~0.00 ~~monthly~~0.00 ~~bond~~0.00 ~~remittance~~0.00 ~~report~~150 ~~can~~Days be0 ~~viewed~~0 ~~online~~0 at0 ~~www~~0 0.~~ctslink~~00 0.~~com~~00 0.00 20.00 120.00 ~~Month~~180+ ~~REO~~Days History*0 ~~New~~0 ~~REO~~0 ~~Loans~~0 ~~Month~~0 ~~REO~~0.00 ~~Percentage~~0.00 ~~Loans~~0.00 in0.00 ~~REO~~0.00 Totals 0 ~~Sep-04~~0 0 0 0 0.~~000%~~00 ~~Original~~0.00 ~~Principal~~0.00 ~~Balance~~0.00 0.00 ~~Oct~~0-0429 Days 0.~~000~~000000% ~~Current~~0.000000% ~~Principal~~0.000000% ~~Balance~~0.000000% 0.00000000% ~~Nov-04~~0.000000% 0.~~000~~000000% ~~Dec-04~~0.000000% 30 Days 0.~~000~~000000% ~~Current~~0.000000% ~~REO~~0.000000% ~~Total~~0.000000% ~~Jan-05~~0.000000% 0.~~000~~000000% ~~Loans~~0.000000% in0.000000% ~~REO~~0.000000% 0.000000% ~~Feb-05~~60 Days 0.~~000~~000000% ~~Original~~0.000000% ~~Principal~~0.000000% ~~Balance~~0.000000% 0.00000000% ~~Mar-05~~0.000000% 0.~~000~~000000% ~~Current~~0.000000% ~~Principal~~0.000000% ~~Balance~~0.000000% 90 Days 0.00000000% ~~Apr-05~~0.000000% 0.~~000~~000000% ~~May-05~~0.000000% 0.~~000~~000000% ~~Jun-05~~0.000000% 0.~~000~~000000% ~~Jul-05~~0.000000% 0.~~000~~000000% ~~Aug-05~~0.000000% 120 Days 0.~~000~~000000% *The0.000000% ~~text~~0.000000% ~~reported~~0.000000% in0.000000% ~~the~~0.000000% ~~above~~0.000000% ~~table~~0.000000% is0.000000% ~~presented~~0.000000% ~~graphically~~150 onDays ~~the~~0.000000% ~~monthly~~0.000000% ~~bond~~0.000000% ~~remittance~~0.000000% ~~report~~0.000000% ~~The~~0.000000% ~~monthly~~0.000000% ~~bond~~0.000000% ~~remittance~~0.000000% ~~report~~0.000000% ~~can~~180+ beDays ~~viewed~~0.000000% ~~online~~0.000000% at0.000000% ~~www~~0.~~ctslink~~000000% 0.~~com~~000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%

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 57 ~~Sep~~Jan-0405 0.000% Original Principal Balance 1,~~502~~170,~~000~~081.00 ~~Oct~~Feb-0405 0.000% Current Principal Balance 1,~~501~~162,~~451~~890.5976 ~~Nov~~Mar-0405 0.000% ~~Dec~~Apr-0405 0.000% Current Foreclosure Total ~~Jan~~May-05 0.000% Loans in Foreclosure 631 ~~Feb~~Jun-05 0.000% Original Principal Balance 18,~~846~~356,~~000~~481.00 ~~Mar~~Jul-05 0.~~000~~028% Current Principal Balance 18,~~843~~317,~~675~~772.1732 ~~Apr~~Aug-05 0.~~000~~152% ~~May~~Sep-05 0.~~000~~615% ~~Jun~~Oct-05 0.~~000~~726% ~~Jul~~Nov-05 0.~~028~~849% ~~Aug~~Dec-05 0.~~152~~774% *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. 1 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 57 ~~Sep~~Jan-0405 0.000% Original Principal Balance 1,~~502~~170,~~000~~081.00 ~~Oct~~Feb-0405 0.000% Current Principal Balance 1,~~501~~162,~~451~~890.5976 ~~Nov~~Mar-0405 0.000% ~~Dec~~Apr-0405 0.000% Current Foreclosure Total ~~Jan~~May-05 0.000% Loans in Foreclosure 631 ~~Feb~~Jun-05 0.000% Original Principal Balance 18,~~846~~356,~~000~~481.00 ~~Mar~~Jul-05 0.~~000~~030% Current Principal Balance 18,~~843~~317,~~675~~772.1732 ~~Apr~~Aug-05 0.~~000~~168% ~~May~~Sep-05 0.~~000~~683% ~~Jun~~Oct-05 0.~~000~~810% ~~Jul~~Nov-05 0.~~030~~950% ~~Aug~~Dec-05 0.~~168~~870% *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. 2 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 0 ~~Sep~~Jan-0405 0.000% Original Principal Balance 0.00 ~~Oct~~Feb-0405 0.000% Current Principal Balance 0.00 ~~Nov~~Mar-0405 0.000% ~~Dec~~Apr-0405 0.000% Current Foreclosure Total ~~Jan~~May-05 0.000% Loans in Foreclosure 0 ~~Feb~~Jun-05 0.000% Original Principal Balance 0.00 ~~Mar~~Jul-05 0.000% Current Principal Balance 0.00 ~~Apr~~Aug-05 0.000% ~~May~~Sep-05 0.000% ~~Jun~~Oct-05 0.000% ~~Jul~~Nov-05 0.000% ~~Aug~~Dec-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 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 1 1103272501 Dec-2005 01-Dec-2004 NJ 90.00 258,300.00 1 1103317786 Nov-2005 01-Nov-2004 CA 80.00 292,000.00 1 1103331406 Dec-2005 01-Dec-2004 IL 80.00 185,600.00 1 1103335183 Nov-2005 01-Feb-2005 NC 80.00 176,000.00 1 1103335200 Nov-2005 01-Feb-2005 NC 80.00 144,000.00 1 1103337158 Oct-2005 01-Feb-2005 IL 90.00 279,000.00 1 1103338358 Aug-2005 01-Feb-2005 NC 90.00 213,300.00 1 1103339585 Oct-2005 01-Feb-2005 FL 80.00 116,800.00 1 1103339759 Nov-2005 01-Feb-2005 VA 70.00 227,500.00 1 1103342186 Oct-2005 01-Jan-2005 CA 80.00 292,000.00 1 1103342946 Nov-2005 01-Jan-2005 CA 95.00 612,750.00 1 1103343126 Sep-2005 01-Jan-2005 NC 70.00 220,850.00 1 1103344456 Dec-2005 01-Feb-2005 FL 80.00 135,680.00 1 1103344610 Nov-2005 01-Jan-2005 MA 66.50 199,500.00 1 1103346903 Jul-2005 01-Feb-2005 NJ 80.00 344,000.00 1 ~~1103349791~~1103354929 ~~Aug~~Sep-2005 01-~~Mar~~Feb-2005 CANJ 8095.00 ~~340~~399,000.00 1 ~~1103359873~~1103358045 ~~Aug~~Oct-2005 01-Feb-2005 TXMD 80.00 ~~168~~136,800.00 1 1103358130 Dec-2005 01-Feb-2005 MN 95.00 233,700.00 1 1103362273 Nov-2005 01-Feb-2005 CA 70.00 182,000.00 1 ~~1103359967~~1103365208 ~~Aug~~Sep-2005 01-Mar-2005 MN 89.97 203,400.00 1 1103365863 Oct-2005 01-Feb-2005 COFL 70.00 752,500.00 1 1103365973 Sep-2005 01-Feb-2005 FL 75.00 637,500.00 1 1103371605 Sep-2005 01-Feb-2005 IA 80.00 99,200.00 1 1103372075 Dec-2005 01-Feb-2005 NC 79.98 127,450.00 1 1103372391 Nov-2005 01-Feb-2005 CA 80.00 600,000.00 1 1103372399 Nov-2005 07-Jan-2005 TN 80.00 116,800.00 1 ~~2503096914~~1103372473 ~~Aug~~Dec-2005 01-~~Apr~~Jan-2005 GAFL 80.00 123,101.00 1 1103372612 Dec-2005 22-Jan-2005 OH 85.00 106,250.00 1 1103372863 Sep-2005 22-Dec-2004 FL 79.95 126,000.00 1 2503091614 Oct-2005 01-Mar-2005 NY 70.00 ~~699~~752,~~900~~500.00 1 2503096993 Nov-2005 01-Apr-2005 OR 60.00 63,000.00

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 1 1103272501 255,588.09 01-Jul-2005 3 7.875% 8,106.59 1 1103317786 291,858.59 01-Jun-2005 4 6.625% 8,468.77 1 1103331406 183,230.85 01-Jul-2005 3 6.875% 5,050.28 1 1103335183 174,654.12 01-Jun-2005 4 7.990% 6,749.78 1 1103335200 142,898.82 01-Jun-2005 4 7.990% 5,522.56 1 1103337158 277,214.42 01-Apr-2005 6 8.875% 12,202.41 1 1103338358 212,~~751~~422.5915 01-Feb-2005 48 10.990% 915,~~379~~312.9430 1 ~~1103346903~~1103339585 ~~342~~116,~~223~~732.5800 01-~~Feb~~Jun-2005 4 7.~~625~~250% 123,~~679~~995.6216 1 ~~1103349791~~1103339759 ~~340~~224,667.81 01-Nov-2005 0 6.125% 2,141.82 1 1103342186 292,000.00 01-~~Mar~~May-2005 35 4.950% 7,741.65 1 1103342946 612,750.01 01-Jun-2005 4 6.350% 18,214.02 1 1103343126 220,850.00 01-Mar-2005 7 5.375% 8,~~457~~231.0282 1 ~~1103359873~~1103344456 ~~168~~134,698.40 01-Jul-2005 3 8.625% 4,692.52 1 1103344610 199,500.00 01-Jun-2005 4 5.625% 5,206.98 1 1103346903 341,172.56 01-Feb-2005 8 7.625% 21,048.80 1 1103354929 395,878.42 01-Apr-2005 6 7.875% 20,203.91 1 1103358045 136,799.97 01-May-2005 5 6.505% 4,867.80 1 1103358130 233,680.00 01-Jul-2005 3 7.490% 6,898.40 1 1103362273 182,000.00 01-Jun-2005 4 6.000% 5,091.42 1 1103365208 202,335.94 01-Mar-2005 37 9.375% 10,422.44 1 1103365863 745,169.38 01-Apr-2005 6 6.750% 431,~~441~~903.2679 1 ~~1103359967~~1103365973 80637,~~800~~500.00 01-Mar-2005 37 6.~~450~~750% 230,~~035~~552.0418 1 ~~2503096914~~1103371605 ~~699~~99,~~900~~200.00 01-~~Apr~~Mar-2005 7 6.740% 4,713.07 1 1103372075 127,450.00 01-Jul-2005 3 6.500% 3,236.70 1 1103372391 594,199.58 01-Feb-2005 8 6.790% 31,768.82 1 1103372399 115,423.37 07-Jun-2005 4 5.740% 3,090.78 1 1103372473 123,099.88 01-Jul-2005 3 5.740% 2,736.40 1 1103372612 105,143.54 22-Jul-2005 3 6.400% 2,155.15 1 1103372863 124,449.79 22-Apr-2005 6 5.990% 4,655.65 1 2503091614 752,500.04 01-May-2005 5 6.375% 1326,~~928~~205.0079 1 2503096993 62,704.59 01-Jun-2005 4 9.375% 2,817.55

Bankruptcy Detail - All Mortgage Loans in Bankruptcy during Current Period

~~COLLATERAL~~Summary ~~STATEMENT~~12 ~~Collateral~~Month ~~Description~~Bankruptcy ~~Mixed~~History* ~~Fixed~~New &Bankruptcy ~~Arm~~Loans ~~Weighted~~Month ~~Average~~Bankruptcy ~~Gross~~Percentage ~~Coupon~~Loans 5in Bankruptcy 1 Jan-05 0.~~891489~~000% ~~Weighted~~Original ~~Average~~Principal ~~Net~~Balance ~~Coupon~~188,000.00 5Feb-05 0.~~551727~~000% ~~Weighted~~Current ~~Average~~Principal ~~Pass~~Balance 188,000.00 Mar-~~Through~~05 ~~Rate~~0.000% 5Apr-05 0.~~412502~~000% ~~Weighted~~Current ~~Average~~Bankruptcy ~~Maturity(Stepdown~~Total ~~Calculation)~~May-05 ~~353~~0.000% ~~Beginning~~Loans ~~Scheduled~~in ~~Collateral~~Bankruptcy ~~Loan~~22 ~~Count~~Jun-05 40.000% Original Principal Balance 3,~~293~~687,154.00 ~~Number~~Jul-05 Of0.030% ~~Loans~~Current ~~Paid~~Principal InBalance ~~Full~~3,670,733.37 96Aug-05 ~~Ending~~0.123% ~~Scheduled~~Sep-05 ~~Collateral~~0.139% ~~Loan~~Oct-05 ~~Count~~0.194% ~~4,197~~Nov-05 ~~Beginning~~0.341% ~~Scheduled~~Dec-05 ~~Collateral~~0.342% ~~Balance~~*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. 1 12 Month Bankruptcy History* New Bankruptcy Loans Month Bankruptcy Percentage Loans in Bankruptcy 1 Jan-05 0.000% Original Principal Balance 188,~~243,434,305~~000.00 ~~Ending~~Feb-05 ~~Scheduled~~0.000% ~~Collateral~~Current Principal Balance 1188,~~214,112,264~~000.5000 ~~Ending~~Mar-05 ~~Actual~~0.000% ~~Collateral~~Apr-05 ~~Balance~~0.000% atCurrent 29Bankruptcy Total May-~~Jul~~05 0.000% Loans in Bankruptcy 15 Jun-~~2005~~05 10.000% Original Principal Balance 2,~~214~~898,~~112,264~~310.5000 ~~Monthly~~Jul-05 ~~P&I~~0.033% ~~Constant~~Current 6Principal Balance 2,~~462~~889,~~816~~274.7598 ~~Special~~Aug-05 ~~Servicing~~0.136% ~~Fee~~Sep-05 0.00154% ~~Prepayment~~Oct-05 ~~Penalties~~0.216% ~~240,635~~Nov-05 0.52382% ~~Realized~~Dec-05 ~~Loss~~0.384% ~~Amount~~*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. 2 12 Month Bankruptcy History* New Bankruptcy Loans Month Bankruptcy Percentage Loans in Bankruptcy 0 Jan-05 0.000% Original Principal Balance 0.00 ~~Cumulative~~Feb-05 ~~Realized~~0.000% ~~Loss~~Current Principal Balance 0.00 ~~Scheduled~~Mar-05 0.000% Apr-05 0.000% Current Bankruptcy Total May-05 0.000% Loans in Bankruptcy 0 Jun-05 0.000% Original Principal ~~358,083~~Balance 0.3700 ~~Unscheduled~~Jul-05 0.000% Current Principal ~~28,963,957~~Balance 0.1300 Aug-05 0.000% Sep-05 0.000% Oct-05 0.000% Nov-05 0.000% Dec-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~~Bankruptcy ~~Level~~Detail ~~Collateral~~- ~~Statement~~All ~~Group~~Mortgage 1Loans 2in ~~Total~~Bankruptcy ~~Collateral~~during ~~Description~~Current ~~Fixed~~Period ~~15/30~~Group &Loan ~~ARM~~Month ~~Mixed~~Loan ~~ARM~~First ~~Mixed~~State ~~Fixed~~LTV &at ~~Arm~~Original ~~Weighted~~Number ~~Average~~Entered ~~Coupon~~Payment ~~Rate~~Origination ~~5.923736~~Principal ~~5.586937~~Bankruptcy ~~5.891489~~Date ~~Weighted~~Balance ~~Average~~1 ~~Net~~1103292312 ~~Rate~~Nov-2005 ~~5.562081~~01-Feb-2005 5GA 80.~~453937~~00 5156,244.~~551727~~00 ~~Weighted~~1 ~~Average~~1103309863 ~~Maturity~~Oct-2005 ~~353~~01-Dec-2004 ~~353~~CA ~~353~~67.40 ~~Beginning Loan Count 4~~246,~~182~~000.00 ~~111~~1 ~~4,293~~1103317921 ~~Loans~~Aug-2005 ~~Paid~~01-Jan-2005 InGA ~~Full~~80.00 96264,000.00 01 961103335671 ~~Ending~~Nov-2005 ~~Loan~~01-Feb-2005 ~~Count~~TX 479.45 118,~~086~~800.00 ~~111~~1 ~~4,197~~1103337567 ~~Beginning~~Nov-2005 ~~Scheduled~~01-Mar-2005 ~~Balance~~OH ~~1,124,384,261~~90.2000 ~~119~~72,~~050,043~~000.8000 1~~,243,434,305.00~~ ~~Ending~~1103343116 ~~Scheduled~~Nov-2005 ~~Balance~~01-Jan-2005 ~~1,095,185,286~~GA 70.9900 ~~118~~136,~~926,977~~360.5100 1~~,214,112,264.50~~ ~~Record~~1103349176 ~~Date 07/29/~~Oct-2005 ~~07/29/~~01-Feb-2005 ~~07/29/2005~~GA ~~Principal And Interest Constant 5,788,934~~70.3300 ~~673~~134,~~882~~050.4200 ~~6,462,816.75~~1 ~~Scheduled~~1103350853 ~~Principal~~Nov-2005 ~~238,471.84~~01-Feb-2005 ~~119,611.53~~IN ~~358,083~~70.3700 ~~Unscheduled Principal 28~~84,~~960,502~~000.3700 ~~3,454.76~~1 ~~28,963,957.13~~1103353116 ~~Scheduled~~Jul-2005 ~~Interest~~01-Jul-2004 ~~5,550,462.49~~NC ~~554,270~~19.8991 617,~~104,733~~900.3800 ~~Servicing~~1 ~~Fees~~1103355068 ~~338,865.56~~Nov-2005 ~~13,194~~01-Mar-2005 IN 69.7198 ~~352~~93,~~060~~900.2700 ~~Master~~1 ~~Servicing~~1103358094 ~~Fees~~Nov-2005 ~~0.00~~01-Feb-2005 0NV 80.00 0196,000.00 ~~Trustee Fee~~ 1~~,124.38~~ ~~119.05~~1103358302 ~~1,243.43~~Nov-2005 ~~FRY~~01-Feb-2005 ~~Amount~~CA 080.00 0572,000.00 ~~0.00~~1 ~~Special~~1103359673 ~~Hazard~~Nov-2005 ~~Fee~~01-Mar-2005 ~~0.00~~CA 070.00 0371,000.00 ~~Other~~1 ~~Fee~~1103360010 ~~139,876.36~~Nov-2005 ~~3,144~~01-Mar-2005 FL 70.9000 ~~143~~81,~~021~~900.2600 ~~Pool~~1 ~~Insurance~~1103365923 ~~Fee~~Jul-2005 ~~0.00~~01-Feb-2005 0FL 66.0096 075,000.00 ~~Spread~~ 1 ~~0.00~~1103371653 ~~0.00~~Dec-2005 ~~0.00~~01-Feb-2005 ~~Spread~~MD ~~2 0~~80.00 0188,000.00 ~~0.00~~1 ~~Spread~~1103371799 3Nov-2005 ~~0.00~~15-Jan-2005 ~~0.00~~OH 080.00 ~~Net Interest 5~~140,~~070,596~~000.1900 ~~537,812.23~~1 ~~5,608,408.42~~1103372522 ~~Realized~~Nov-2005 ~~Loss~~01-Feb-2005 ~~Amount~~MO 080.00 0120,000.00 ~~0.00~~1 ~~Cumulative~~1103372684 ~~Realized~~Oct-2005 ~~Loss~~14-Jan-2005 ~~0.00~~PA 090.00 0211,500.00 ~~Percentage~~1 of1103372702 ~~Cumulative~~Sep-2005 ~~Losses~~01-Feb-2005 ~~0.0000~~TX 090.~~0000 0.0000 Prepayment Penalties 0.~~00 0148,500.00 ~~0.00~~1 ~~Special~~1103372712 ~~Servicing~~Oct-2005 ~~Fee~~01-Feb-2005 ~~0.00~~OH 080.00 0112,000.00 ~~Pass~~1 1103372913 Sep-~~Through~~2005 ~~Rate~~14-Feb-2005 ~~5.411598~~OH 580.~~421037~~00 5148,000.~~412502~~00

~~Miscellaneous~~Bankruptcy ~~Reporting~~Detail ~~Group~~- 1All Mortgage Loans in Bankruptcy during Current Period (continued) Group Loan Current Paid To Months Current Approximate Number Principal Date Delinquent Loan Rate Delinquent Balance Interest 1 ~~Target~~1103292312 ~~Overcollateralization~~154,721.88 01-Nov-2005 0 6.750% 1,670.72 1 1103309863 243,013.08 01-Dec-2005 (1) 6.500% 1,260.85 1 1103317921 264,000.00 ~~Group~~01-Oct-2005 0 6.500% 2,681.80 1 ~~Overcollateralization~~1103335671 ~~Amount~~117,670.15 01-Nov-2005 0 6.00875% ~~Group~~1,295.13 1 ~~Overcollateralization~~1103337567 ~~Increase~~71,592.36 01-Nov-2005 0 8.990% 1,040.21 1 1103343116 136,360.00 ~~Group~~01-Oct-2005 0 5.500% 1,157.92 ~~Overcollateralization~~1 ~~Release~~1103349176 134,050.00 01-Nov-2005 0 5.000% 1,026.60 1 1103350853 84,000.00 ~~Group~~01-Dec-2005 (1) ~~Net~~6.500% ~~Derivative~~435.40 ~~Contract~~1 ~~Payment~~1103353116 17,475.14 01-40Nov-2005 0 10.740% 290.71 1 1103355068 92,~~644~~985.2178 ~~Group~~01-Sep-2005 21 ~~Group~~6.250% 21,390.59 ~~Target~~1 ~~Overcollateralization~~1103358094 4196,~~838~~000.00 01-Apr-2005 6 6.880% 8,~~750~~460.2264 ~~Group~~1 21103358302 ~~Overcollateralization~~572,000.01 ~~Amount~~01-Jun-2005 4 6.130% 16,373.52 1 1103359673 371,000.00 01-Nov-2005 0 5.500% 3,~~664~~150.42 1 1103360010 81,~~309~~593.4761 ~~Group~~01-Dec-2005 2(1) ~~Overcollateralization~~5.625% ~~Increase~~354.93 1 1103365923 74,~~174~~943.85 01-Nov-2005 0 5.990% 697.86 1 1103371653 188,~~440~~000.7500 ~~Group~~01-Jun-2005 24 ~~Overcollateralization~~6.765% ~~Release~~5,978.40 1 1103371799 138,348.97 15-Oct-2005 0 5.740% 1,232.20 1 1103372522 118,687.45 01-Dec-2005 (1) 6.140% 567.81 1 1103372684 208,894.27 14-Nov-2005 0 5.500% 1,396.79 1 1103372702 147,008.41 01-May-2005 5 6.590% 3,929.39 1 1103372712 112,000.00 ~~Group~~01-Sep-2005 21 ~~Net~~5.890% ~~Derivative~~1,535.79 ~~Contract~~1 ~~Payment~~1103372913 146,388.41 14-Nov-2005 0 5.640% 1,~~999~~279.7439

~~Prepayment~~Realized Loss Detail Report - ~~Prepayments~~Loans with Losses during Current Period Summary ~~Loans~~# ~~Paid In Full Repurchased~~ Loans ~~Original~~Prior ~~Current~~Realized ~~Original~~ Current ~~Principal~~with Principal ~~Principal~~Loss/(Gain) ~~Principal~~Loss Group ~~Count~~Losses Balance ~~Balance~~Amount ~~Count~~Percentage ~~Balance~~1 ~~Balance~~ 1 ~~96 28~~192,~~851,167~~500.00 281,~~837,325~~796.4529 0 0.00000% ~~0.00~~ 2 0 0.00 0.00 0 0.00000% ~~0.00~~ Total 961 28192,~~851,167~~500.00 281,~~837,325~~796.4529 0 0.~~00 0.00~~000%

~~Prepayment~~Realized ~~Detail~~Loss -Loan ~~Prepayments~~Detail ~~during~~Report ~~Current~~- ~~Period (continued) Summary Substitution~~ Loans ~~Liquidated~~With ~~Loans~~Losses ~~Curtailments~~during ~~Original~~ Current Period Original Current ~~Principal~~Loan Principal ~~Principal~~Note ~~Principal~~LTV ~~Curtailment~~at Original Group ~~Count~~Number Balance ~~Balance~~Rate ~~Count~~State ~~Balance~~Origination ~~Balance~~Term ~~Amount~~ 1 02503097289 ~~0.00 0.00 0 0.00 0.00 123~~192,~~428~~500.00 ~~2 0 0~~5.00250% ~~0.00~~CA ~~0 0~~70.00 ~~0.00 3,454.76 Total 0 0.00 0.00 0 0.00 0.00 126,882.76~~360

~~Prepayment~~Realized Loss Loan Detail Report - ~~Prepayments~~Loans With Losses during Current Period ~~First~~(continued) ~~Original~~Prior Cumulative Loan ~~LTV at Payment~~ Principal ~~Prepayment~~Realized Realized Group Number ~~State Origination Date~~ Balance ~~Amount~~Loss/(Gain) 1Loss/(Gain) ~~1103240026 FL 95.00 01-Feb-2005 128,426.00 127,705.99~~ 1 ~~1103259807~~2503097289 CA 80.00 01-Feb-2005 276,400.00 275,537.83 1 1103262172 CA 79.99 01-Dec-2004 272,500.00 272,499.90 1 1103269934 NJ 95.00 01-Nov-2004 474,050.00 470,852.82 1 1103271949 FL 70.00 01-Jan-2005 294,000.00 294,000.00 1 1103298379 CA 70.00 01-Jan-2005 385,000.00 385,000.01 1 1103300401 WA 69.98 01-Jan-2005 218,000.00 218,000.00 1 1103307852 NJ 70.00 01-Mar-2005 463,750.00 463,750.00 1 1103308169 NJ 69.68 01-Jan-2005 149,800.00 148,669.17 1 1103315202 FL 90.00 01-Feb-2005 174,591.00 174,591.00 1 1103324924 VA 75.00 01-Mar-2005 217,500.00 217,500.00 1 1103324968 FL 70.00 01-Feb-2005 236,600.00 236,606.87 1 1103327745 CA 70.00 01-Feb-2005 161,000.00 161,000.00 1 1103331869 AZ 80.00 01-Feb-2005 214,400.00 214,400.00 1 1103334614 HI 50.00 01-Dec-2004 192,500.00 ~~192,500.00~~ 1 ~~1103337875 CA 78.19 01-Feb-2005 344~~,~~000~~796.0029 ~~344,071.67~~ 1 ~~1103338614 NJ 70.00 01-Feb-2005 127~~,~~400~~796.00 127,400.01 1 1103338900 CA 70.00 01-Mar-2005 329,000.00 329,000.00 1 1103339136 CA 80.00 01-Feb-2005 318,400.00 318,665.32 1 1103339639 NV 32.26 01-Feb-2005 70,000.00 69,639.54 1 1103342593 CA 80.00 01-Jan-2005 272,000.00 272,000.00 1 1103342909 CA 78.71 01-Jan-2005 551,000.00 551,000.00 1 1103343046 NJ 70.00 01-Dec-2004 280,000.00 280,000.00 1 1103343148 IL 90.00 01-Jan-2005 229,500.00 228,037.12 1 1103343617 CA 80.00 01-Mar-2005 232,500.00 232,500.00 1 1103343831 FL 25.00 01-Feb-2005 150,000.00 149,755.47 1 1103344601 AZ 80.00 01-Jan-2005 90,400.00 89,663.24 1 1103344721 IL 80.00 01-Jan-2005 147,920.00 147,920.00 1 1103346224 CA 80.00 01-Jan-2005 624,000.00 624,000.00 1 1103346318 CA 60.00 01-Jan-2005 720,000.00 720,000.00 1 1103348245 CA 70.00 01-Mar-2005 182,000.00 182,000.00 1 1103348320 CA 70.00 01-Mar-2005 250,600.00 250,600.00 1 1103349100 WA 62.50 01-Feb-2005 500,000.00 500,000.00 1 1103352569 MD 70.00 01-Mar-2005 296,100.00 296,100.00 1 1103354781 CA 70.00 01-Mar-2005 243,600.00 243,600.00 1 1103354910 IL 95.00 01-Jan-2005 379,050.00 378,899.83 1 1103355483 CA 70.00 01-Mar-2005 192,500.00 191,441.64 1 1103355507 CA 78.79 01-Feb-2005 650,000.00 650,000.00 1 1103355773 CA 80.00 01-Mar-2005 140,000.00 139,999.99 1 1103356522 ID 80.00 01-Mar-2005 156,000.00 155,141.65 1 1103358081 FL 75.00 01-Feb-2005 176,250.00 176,250.00 1 1103358127 MD 85.00 01-Feb-2005 225,250.00 225,250.00 1 1103358197 MD 95.00 01-Feb-2005 323,000.00 322,998.83 1 1103358280 CA 80.00 01-Feb-2005 420,000.00 420,000.00 1 1103358340 IL 89.28 01-Feb-2005 500,000.00 500,000.00 1 1103358803 NV 70.00 01-Mar-2005 640,500.00 640,500.00 1 1103359462 CA 80.00 01-Feb-2005 572,000.00 572,000.00 1 1103359773 VA 80.00 01-Feb-2005 345,440.00 345,439.97 1 1103359811 VA 80.00 01-Feb-2005 184,800.00 184,800.00 1 1103359835 CA 80.00 01-Feb-2005 340,000.00 339,600.38 1 1103359846 CA 80.00 01-Jan-2005 460,000.00 459,999.00 1 1103360474 PA 90.00 01-Feb-2005 139,500.00 139,500.00 1 1103360559 NV 79.99 01-Jan-2005 335,600.00 335,600.00 1 1103362280 CA 70.00 01-Feb-2005 210,000.00 210,175.00 1 1103362283 CA 70.00 01-Feb-2005 222,600.00 222,600.00 1 1103362292 CA 70.00 01-Feb-2005 255,500.00 255,712.91 1 1103365850 GA 83.82 01-Jan-2005 124,050.00 123,926.86 1 1103365860 HI 80.00 01-Feb-2005 320,000.00 319,999.94 1 1103365915 CO 80.00 01-Feb-2005 230,800.00 230,752.01 1 1103365948 CA 80.00 01-Mar-2005 430,400.00 430,493.26 1 1103365968 CA 77.27 01-Feb-2005 367,000.00 367,500.00 1 1103365989 CA 70.00 01-Feb-2005 598,500.00 598,754.37 1 1103365995 AZ 52.36 01-Feb-2005 146,600.00 146,600.00 1 1103365998 CA 68.65 01-Feb-2005 460,000.00 460,000.00 1 1103366045 CA 80.00 01-Dec-2004 448,000.00 448,000.00 1 1103366103 NC 80.00 01-Jan-2005 127,200.00 127,200.00 1 1103366291 CA 78.05 01-Feb-2005 499,500.00 499,500.01 1 1103367915 CA 80.00 01-Feb-2005 302,400.00 302,400.00 1 1103367920 CA 80.00 01-Feb-2005 240,000.00 240,000.00 1 1103367924 CA 67.30 01-Feb-2005 350,000.00 350,000.00 1 1103367929 CA 80.00 01-Oct-2004 236,000.00 236,000.00 1 1103370927 PA 44.64 01-Apr-2005 212,000.00 212,000.00 1 1103371440 AZ 80.00 01-Feb-2005 82,400.00 82,400.00 1 1103371445 CA 90.00 01-Jan-2005 202,500.00 200,934.54 1 1103371459 CA 80.00 01-Feb-2005 279,920.00 279,920.00 1 1103371704 MN 80.00 10-Jan-2005 92,800.00 91,993.60 1 1103372100 GA 80.00 01-Jan-2005 240,000.00 240,000.00 1 1103372153 NJ 80.00 01-Feb-2005 204,000.00 204,000.00 1 1103372168 NJ 80.00 20-Jan-2005 96,000.00 95,381.33 1 1103372246 VA 80.00 01-Feb-2005 205,600.00 205,600.00 1 1103372602 FL 80.00 21-Jan-2005 151,120.00 149,921.88 1 1103373042 CA 75.00 01-Mar-2005 101,250.00 101,250.00 1 1103373058 CA 72.72 01-Mar-2005 280,000.00 279,872.87 1 1103373937 CA 61.33 01-Feb-2005 920,000.00 920,000.00 1 2503091658 FL 69.99 01-Apr-2005 122,400.00 122,400.00 1 2503093091 CA 70.00 01-Mar-2005 560,000.00 560,000.00 1 2503095535 WA 95.00 01-Mar-2005 388,550.00 388,550.00 1 2503095643 CA 79.30 01-Apr-2005 448,000.00 448,000.00 1 2503095928 CA 80.00 01-Apr-2005 626,400.00 626,400.00 1 2503096304 FL 70.00 01-Apr-2005 133,000.00 133,000.00 1 2503096617 AZ 70.00 01-Apr-2005 108,500.00 108,498.54 1 2503096630 AZ 70.00 01-Apr-2005 161,000.00 161,000.00 1 2503096747 CA 70.00 01-Apr-2005 385,000.00 385,000.00 1 2503096799 NJ 70.00 01-Apr-2005 962,500.00 962,500.00 1 2503097041 AZ 94.99 01-Apr-2005 144,350.00 144,350.00 1 2503097889 CA 70.00 01-Apr-2005 178,500.00 178,500.0029

Prepayment Loan Detail - Prepayments during Current Period (continued) Current Loan PIF Months Loan Original Group Number Type Delinquent Rate Term Seasoning 1 1103240026 Loan Paid in Full 0 7.625% 360 6 1 1103259807 Loan Paid in Full (1) 6.375% 360 6 1 1103262172 Loan Paid in Full 0 5.625% 360 8 1 1103269934 Loan Paid in Full 0 8.125% 360 9 1 1103271949 Loan Paid in Full 0 6.250% 360 7 1 1103298379 Loan Paid in Full 0 5.250% 360 7 1 1103300401 Loan Paid in Full 0 5.000% 360 7 1 1103307852 Loan Paid in Full 0 4.875% 360 5 1 1103308169 Loan Paid in Full 0 6.375% 360 7 1 1103315202 Loan Paid in Full 0 7.875% 360 6 1 1103324924 Loan Paid in Full 0 5.250% 360 5 1 1103324968 Loan Paid in Full 0 5.875% 360 6 1 1103327745 Loan Paid in Full (1) 5.625% 360 6 1 1103331869 Loan Paid in Full (1) 6.125% 360 6 1 1103334614 Loan Paid in Full 0 5.875% 360 8 1 1103337875 Loan Paid in Full 0 7.125% 360 6 1 1103338614 Loan Paid in Full 0 5.250% 360 6 1 1103338900 Loan Paid in Full 0 4.750% 360 5 1 1103339136 Loan Paid in Full 0 7.000% 360 6 1 1103339639 Loan Paid in Full 0 7.875% 360 6 1 1103342593 Loan Paid in Full 0 6.250% 360 7 1 1103342909 Loan Paid in Full 0 6.380% 360 7 1 1103343046 Loan Paid in Full 0 5.125% 360 8 1 1103343148 Loan Paid in Full 0 7.250% 360 7 1 1103343617 Loan Paid in Full 0 5.625% 360 5 1 1103343831 Loan Paid in Full 0 5.750% 360 6 1 1103344601 Loan Paid in Full 0 6.000% 360 7 1 1103344721 Loan Paid in Full 0 5.375% 360 7 1 1103346224 Loan Paid in Full (1) 5.990% 360 7 1 1103346318 Loan Paid in Full 0 5.875% 360 7 1 1103348245 Loan Paid in Full 0 6.375% 360 5 1 1103348320 Loan Paid in Full 0 5.375% 360 5 1 1103349100 Loan Paid in Full 0 5.750% 360 6 1 1103352569 Loan Paid in Full 0 5.500% 360 5 1 1103354781 Loan Paid in Full (1) 5.125% 360 5 1 1103354910 Loan Paid in Full 0 9.500% 360 7 1 1103355483 Loan Paid in Full 0 6.500% 360 5 1 1103355507 Loan Paid in Full 0 5.625% 360 6 1 1103355773 Loan Paid in Full 0 6.250% 360 5 1 1103356522 Loan Paid in Full 0 6.500% 360 5 1 1103358081 Loan Paid in Full 0 6.630% 360 6 1 1103358127 Loan Paid in Full 0 7.490% 360 6 1 1103358197 Loan Paid in Full (1) 8.255% 360 6 1 1103358280 Loan Paid in Full 0 6.250% 360 6 1 1103358340 Loan Paid in Full 0 7.750% 360 6 1 1103358803 Loan Paid in Full 0 5.375% 360 5 1 1103359462 Loan Paid in Full 0 7.625% 360 6 1 1103359773 Loan Paid in Full (1) 6.625% 360 6 1 1103359811 Loan Paid in Full 0 5.450% 360 6 1 1103359835 Loan Paid in Full 0 6.375% 360 6 1 1103359846 Loan Paid in Full 0 4.700% 360 7 1 1103360474 Loan Paid in Full 0 9.125% 360 6 1 1103360559 Loan Paid in Full 0 6.000% 360 7 1 1103362280 Loan Paid in Full 0 6.625% 360 6 1 1103362283 Loan Paid in Full 0 5.375% 360 6 1 1103362292 Loan Paid in Full 0 6.125% 360 6 1 1103365850 Loan Paid in Full 0 4.875% 360 7 1 1103365860 Loan Paid in Full 0 6.500% 360 6 1 1103365915 Loan Paid in Full 0 4.990% 360 6 1 1103365948 Loan Paid in Full 0 6.250% 360 5 1 1103365968 Loan Paid in Full (1) 5.875% 360 6 1 1103365989 Loan Paid in Full (1) 6.500% 360 6 1 1103365995 Loan Paid in Full (1) 5.375% 360 6 1 1103365998 Loan Paid in Full 0 6.750% 360 6 1 1103366045 Loan Paid in Full (1) 5.000% 360 8 1 1103366103 Loan Paid in Full 0 5.750% 360 7 1 1103366291 Loan Paid in Full 0 6.500% 360 6 1 1103367915 Loan Paid in Full 0 6.250% 360 6 1 1103367920 Loan Paid in Full 0 5.500% 360 6 1 1103367924 Loan Paid in Full 0 5.750% 360 6 1 1103367929 Loan Paid in Full 0 6.750% 360 10 1 1103370927 Loan Paid in Full 0 4.875% 360 5 1 1103371440 Loan Paid in Full 0 6.740% 360 6 1 1103371445 Loan Paid in Full 0 6.250% 360 7 1 1103371459 Loan Paid in Full 0 6.615% 360 6 1 1103371704 Loan Paid in Full 0 4.890% 360 7 1 1103372100 Loan Paid in Full 0 5.640% 360 7 1 1103372153 Loan Paid in Full 0 5.840% 360 6 1 1103372168 Loan Paid in Full 0 6.490% 360 6 1 1103372246 Loan Paid in Full 0 6.590% 360 6 1 1103372602 Loan Paid in Full 0 5.390% 360 6 1 1103373042 Loan Paid in Full 0 5.500% 360 5 1 1103373058 Loan Paid in Full 0 6.250% 360 5 1 1103373937 Loan Paid in Full 0 5.500% 360 6 1 2503091658 Loan Paid in Full 0 4.875% 360 5 1 2503093091 Loan Paid in Full 0 4.875% 360 5 1 2503095535 Loan Paid in Full 0 9.875% 360 5 1 2503095643 Loan Paid in Full 0 6.375% 360 5 1 2503095928 Loan Paid in Full 0 5.750% 360 5 1 2503096304 Loan Paid in Full 0 5.625% 360 5 1 2503096617 Loan Paid in Full 0 5.500% 360 5 1 2503096630 Loan Paid in Full 0 4.875% 360 5 1 2503096747 Loan Paid in Full 0 5.375% 360 5 1 2503096799 Loan Paid in Full 0 6.500% 360 5 1 2503097041 Loan Paid in Full 0 9.500% 360 5 1 2503097889 Loan Paid in Full 0 5.500% 360 5

~~Summary~~Prepayment ~~SMM~~Detail ~~CPR~~- ~~PSA~~Prepayments ~~Current~~during ~~Month 2.330%~~ Current ~~Month~~Period ~~24.641%~~Summary ~~Current~~Loans ~~Month~~Paid ~~2,017.867%~~In 3Full ~~Month~~Repurchased ~~Average~~Loans ~~1.989%~~Original ~~3 Month Average 21.331% 3 Month Average 2,080.491% 12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CPR:~~ Current vsOriginal ~~12mo Average* PSA:~~ Current vsPrincipal ~~12mo~~Principal Average*Principal ~~Month~~Principal ~~Current~~Group ~~12mo~~Count ~~Avg.~~Balance ~~Month~~Balance ~~Current~~Count ~~12mo~~Balance ~~Avg.~~Balance 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 12.305% N/A Apr-2005 2,906.210% N/A May-2005 13.062% N/A May-2005 2,097.066% N/A Jun-2005 15.654% N/A Jun-2005 1~~,902.371%~~ ~~N/A~~132 ~~Jul-2005 23.699% N/A Jul-2005 2~~34,~~321.235% N/A Aug-2005 24.641% N/A Aug-2005 2~~106,~~017~~184.~~867%~~00 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. 1 SMM CPR PSA Current Month 2.576% Current Month 26.890% Current Month 234,~~206.768% 3 Month Average 2.157% 3 Month Average 22.921% 3 Month Average 2~~021,~~241~~724.~~191%~~53 ~~12 Month Average~~ 0~~.000%~~ ~~12 Month Average~~ 0.~~000%~~00 ~~12 Month Average~~ 0.~~000%~~00 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 13.462% N/A Apr-2005 3,194.576% N/A May-2005 14.300% N/A May-2005 2~~,303.299%~~ N/A Jun-2005 17.131% N/A Jun-2005 2,087.223% N/A Jul-2005 24.742% N/A Jul-2005 2,429.582% N/A Aug-2005 26.890% N/A Aug-2005 2,206.768% 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. 2 SMM CPR PSA Current Month 0~~.003%~~ ~~Current Month~~ 0.~~035%~~00 ~~Current Month 2.798% 3 Month Average~~ 0.~~387%~~00 ~~3 Month Average 4.364% 3 Month Average 417.244% 12 Month Average~~ 0~~.000%~~ ~~12 Month Average~~ 0.~~000%~~00 ~~12 Month Average~~ 0.~~000%~~00 ~~CPR:~~Total ~~Current~~132 ~~vs 12mo Average* PSA: Current vs 12mo Average* Month Current 12mo Avg~~34,106,184.00 ~~Month Current 12mo Avg~~34,021,724.53 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 0~~.016%~~ ~~N/A Apr-2005 3.523% N/A May-2005~~ 0.~~014%~~00 ~~N/A May-2005 2.240% N/A Jun-2005~~ 0.014% N/A Jun-2005 1.711% N/A Jul-2005 13.041% N/A Jul-2005 1,247.224% N/A Aug-2005 0.035% N/A Aug-2005 2.798% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. Calculation Methodology: Single Month Mortality (SMM): (Partial and full prepayments + Repurchases) / (Beginning Scheduled Balance - Scheduled Principal) Conditional PrePayment Rate (CPR): 1 - ((1 - SMM)^12) PSA Standard Prepayment Model: 100 * CPR / (0.2 * MIN(30,WAS)) Weighted Average Seasoning (WAS): sum((Original Term - Remaining Term)*(Current Scheduled Balance/Deal Scheduled Principal Balance))00

~~Realized~~Prepayment ~~Loss~~ Detail ~~Report~~ - ~~Loans~~Prepayments ~~with Losses~~ during Current Period (continued) Summary #Substitution Loans ~~Prior~~Liquidated ~~Realized~~Loans Curtailments Original Current ~~with~~Original Current Principal ~~Loss/(Gain)~~Principal ~~Loss~~Principal Principal Curtailment Group ~~Losses~~Count Balance ~~Amount~~Balance ~~Percentage~~Count Balance Balance Amount 1 0 0.00 0.00 01 192,500.~~000%~~00 192,500.00 61,668.28 2 0 0.00 0.00 0 0.~~000%~~00 0.00 5,847.95 Total 0 0.00 0.00 01 192,500.~~000%~~00 192,500.00 67,516.23

~~Realized~~Prepayment ~~Loss~~ Loan Detail ~~Report~~ - ~~Loans~~Prepayments ~~With Losses~~ during Current Period First Original ~~Current~~ Loan ~~Principal Note~~ LTV at ~~Original~~Payment Principal Prepayment Group Number State Origination Date Balance ~~Rate~~Amount ~~State~~1 ~~Origination~~1103196397 ~~Term~~CA No69.99 ~~losses~~01-Feb-2005 ~~this~~195,450.00 ~~period~~195,435.93 1 1103229277 CA 79.99 01-Mar-2005 258,200.00 258,200.00 1 1103270480 NJ 80.00 01-Nov-2004 112,000.00 110,845.66 1 1103277375 NJ 83.67 01-Dec-2004 251,000.00 247,439.18 1 1103298156 CA 78.69 01-Feb-2005 340,000.00 339,897.38 1 1103310129 FL 80.00 01-Jan-2005 500,000.00 494,233.10 1 1103317062 CA 60.00 01-Jan-2005 300,000.00 295,978.89 1 1103319213 CA 80.00 01-Mar-2005 388,800.00 385,317.45 1 1103321686 SC 82.77 01-Nov-2004 92,700.00 91,931.49 1 1103321890 MD 70.00 01-Feb-2005 285,450.00 285,450.00 1 1103323503 AL 80.00 01-Oct-2004 116,000.00 114,580.94 1 1103328043 CA 80.00 01-Feb-2005 368,000.00 368,000.00 1 1103329627 CA 57.68 01-Feb-2005 124,000.00 122,607.69 1 1103331080 CA 70.00 01-Feb-2005 381,500.00 381,500.00 1 1103332716 FL 89.99 01-Feb-2005 148,500.00 148,500.00 1 1103334461 CA 61.54 01-Feb-2005 400,000.00 400,000.00 1 1103335088 MD 70.00 01-Mar-2005 224,350.00 224,350.00 1 1103335536 NJ 79.09 01-Feb-2005 344,000.00 341,308.70 1 1103335559 NJ 95.00 01-Jan-2005 141,550.00 140,292.08 1 1103338904 CA 60.00 01-Feb-2005 132,000.00 130,714.09 1 1103339016 VA 70.00 01-Jan-2005 472,500.00 471,760.97 1 1103340685 CA 80.00 01-Dec-2004 148,320.00 146,660.67 1 1103340848 CA 70.00 01-Mar-2005 429,950.00 429,949.99 1 1103342532 CA 80.00 01-Jan-2005 253,600.00 253,600.02 1 1103342742 CA 80.00 01-Jan-2005 384,000.00 383,999.48 1 1103342779 CA 80.00 01-Jan-2005 414,400.00 414,400.00 1 1103342855 CA 90.00 01-Jan-2005 472,500.00 472,500.00 1 1103342898 CA 80.00 01-Jan-2005 520,000.00 520,000.00 1 1103342963 CA 90.09 01-Jan-2005 522,500.00 522,500.00 1 1103343029 IN 70.00 01-Jan-2005 221,892.00 221,892.00 1 1103343053 IL 80.00 01-Dec-2004 157,600.00 155,818.34 1 1103343787 GA 80.00 01-Mar-2005 136,000.00 136,000.00 1 1103343806 CA 80.00 01-Feb-2005 153,600.00 152,306.18 1 1103343973 CA 80.00 01-Mar-2005 469,600.00 469,600.00 1 1103344175 NM 100.00 01-Jan-2005 230,688.00 228,236.00 1 1103344689 FL 70.00 01-Jan-2005 86,800.00 85,630.73 1 1103344730 MI 72.73 01-Mar-2005 200,000.00 198,275.74 1 1103345584 CA 80.00 01-Feb-2005 200,000.00 199,920.27 1 1103345754 AZ 70.00 01-Feb-2005 94,500.00 93,463.50 1 1103345767 CA 69.99 01-Mar-2005 132,350.00 132,335.32 1 1103346303 AZ 70.00 01-Jan-2005 112,000.00 112,011.66 1 1103346478 CA 80.00 01-Feb-2005 208,000.00 208,000.00 1 1103347045 CA 80.00 01-Jan-2005 180,000.00 180,000.00 1 1103347122 CA 70.00 01-Mar-2005 174,930.00 174,930.00 1 1103347617 AZ 80.00 01-Mar-2005 148,000.00 148,000.00 1 1103348392 CA 80.00 01-Mar-2005 228,000.00 226,077.54 1 1103348975 CA 80.00 01-Feb-2005 436,000.00 436,000.00 1 1103349030 AZ 69.76 01-Feb-2005 143,000.00 142,534.14 1 1103349958 IN 70.00 01-Feb-2005 126,000.00 126,000.00 1 1103351154 CA 80.00 01-Mar-2005 444,000.00 444,000.00 1 1103352362 OH 80.00 01-Feb-2005 224,000.00 222,113.12 1 1103352950 CA 80.00 01-Feb-2005 272,000.00 272,000.00 1 1103353007 CA 20.00 01-Aug-2004 60,000.00 58,561.53 1 1103353598 CA 80.00 01-Mar-2005 280,000.00 280,000.00 1 1103353777 CA 70.00 01-Mar-2005 161,000.00 159,600.00 1 1103355033 CA 70.00 01-Mar-2005 174,650.00 174,295.82 1 1103355911 CA 70.00 01-Mar-2005 192,500.00 192,500.00 1 1103356139 MD 70.00 01-Mar-2005 122,500.00 122,500.00 1 1103356481 MO 53.11 01-Feb-2005 231,000.00 228,151.70 1 1103357138 CA 70.00 01-Feb-2005 297,500.00 294,159.55 1 1103357774 CA 80.00 01-Mar-2005 172,000.00 170,258.68 1 1103358046 MD 85.00 01-Feb-2005 136,850.00 136,817.83 1 1103358089 CA 80.00 01-Feb-2005 188,800.00 188,800.00 1 1103358098 CA 90.00 01-Feb-2005 198,000.00 195,950.00 1 1103358121 CA 80.00 01-Feb-2005 224,000.00 223,905.75 1 1103358169 IL 91.56 01-Feb-2005 282,000.00 282,000.00 1 1103358260 CA 95.00 01-Feb-2005 389,500.00 389,500.00 1 1103358863 CA 79.91 01-Mar-2005 439,500.00 439,500.00 1 1103359091 WA 64.52 01-Feb-2005 120,000.00 120,000.00 1 1103359192 CA 67.76 01-Mar-2005 830,000.00 830,000.00 1 1103359380 CA 80.00 01-Jan-2005 153,600.00 151,624.01 1 1103359635 UT 64.99 01-Mar-2005 991,000.00 991,000.00 1 1103359778 TX 80.00 01-Feb-2005 460,000.00 459,999.08 1 1103359782 CA 80.00 01-Feb-2005 224,000.00 224,000.00 1 1103359797 CA 80.00 01-Feb-2005 408,000.00 408,000.00 1 1103359798 VA 80.00 01-Feb-2005 192,000.00 191,999.61 1 1103359872 CA 80.00 01-Jan-2005 176,800.00 176,800.00 1 1103359881 VA 80.00 01-Feb-2005 143,200.00 143,200.00 1 1103359916 CA 80.00 01-Feb-2005 352,000.00 352,000.00 1 1103359976 CA 80.00 01-Feb-2005 246,000.00 245,999.70 1 1103360568 CA 78.65 01-Jan-2005 350,000.00 350,000.00 1 1103364760 CA 58.89 01-Mar-2005 265,000.00 265,000.00 1 1103364964 MD 62.89 01-Apr-2005 283,000.00 283,000.00 1 1103364973 CA 75.00 01-Mar-2005 300,000.00 300,000.00 1 1103365847 FL 74.86 01-Dec-2004 140,000.00 139,999.97 1 1103365890 FL 70.00 01-Feb-2005 178,500.00 176,925.74 1 1103365891 FL 70.00 01-Feb-2005 178,500.00 175,324.19 1 1103365914 CA 80.00 01-Feb-2005 308,000.00 308,000.00 1 1103365926 NV 70.00 01-Feb-2005 343,000.00 342,723.00 1 1103365935 CA 60.00 01-Feb-2005 327,000.00 327,000.00 1 1103366014 CA 72.22 01-Dec-2004 650,000.00 650,000.00 1 1103366046 CA 79.99 01-Dec-2004 261,500.00 261,464.14 1 1103366054 NV 80.00 01-Jan-2005 178,000.00 178,000.00 1 1103366082 FL 80.00 01-Jan-2005 232,000.00 232,000.00 1 1103366111 GA 78.55 01-Jan-2005 298,500.00 298,500.00 1 1103367647 CA 72.00 01-Mar-2005 216,000.00 215,664.02 1 1103367914 CA 80.00 01-Feb-2005 168,000.00 167,999.50 1 1103371398 CA 80.00 01-Feb-2005 216,000.00 216,000.00 1 1103371412 CA 85.00 01-Feb-2005 199,750.00 197,371.75 1 1103371461 CA 80.00 01-Feb-2005 264,000.00 264,000.00 1 1103371510 CT 89.91 01-Mar-2005 205,000.00 205,000.00 1 1103371646 MD 90.00 01-Feb-2005 238,500.00 238,500.00 1 1103371694 MN 80.00 07-Feb-2005 200,000.00 197,959.72 1 1103371805 OR 80.00 01-Feb-2005 114,400.00 113,172.03 1 1103372059 VA 80.00 01-Jan-2005 245,600.00 245,592.15 1 1103372069 SC 80.00 27-Jan-2005 129,044.00 127,687.21 1 1103372073 NC 80.00 23-Jan-2005 118,400.00 117,092.71 1 1103372154 NJ 90.00 02-Feb-2005 90,000.00 89,098.90 1 1103372187 MD 90.00 19-Feb-2005 186,300.00 184,554.28 1 1103372202 FL 80.00 27-Dec-2004 174,400.00 172,238.22 1 1103372203 WA 80.00 01-Feb-2005 346,360.00 346,360.00 1 1103372227 CA 85.00 01-Feb-2005 408,000.00 408,000.00 1 1103372254 CA 80.00 01-Feb-2005 164,000.00 164,000.00 1 1103372261 CA 80.00 01-Feb-2005 172,000.00 172,000.00 1 1103372286 CA 80.00 01-Feb-2005 312,800.00 312,800.00 1 1103372316 CA 80.00 01-Jan-2005 228,000.00 225,194.90 1 1103372383 CA 80.00 01-Feb-2005 417,600.00 413,284.09 1 1103372538 AZ 80.00 01-Feb-2005 130,400.00 130,400.00 1 1103372673 CO 86.43 01-Feb-2005 302,500.00 302,500.00 1 1103372689 MD 80.00 01-Feb-2005 171,200.00 171,200.00 1 1103372779 MN 75.00 01-Feb-2005 195,000.00 194,995.73 1 1103373934 CA 72.87 01-Jan-2005 583,000.00 583,000.00 1 1103378096 FL 44.11 01-Feb-2005 161,000.00 159,192.17 1 2503089338 OR 25.65 01-Feb-2005 80,000.00 79,182.61 1 2503091919 WA 72.31 01-Apr-2005 188,000.00 188,000.00 1 2503092425 MD 70.00 01-Mar-2005 133,000.00 131,401.19 1 2503093827 NV 70.00 01-Mar-2005 210,000.00 209,925.83 1 2503095402 FL 70.00 01-Mar-2005 126,000.00 124,423.67 1 2503096198 CA 80.00 01-Apr-2005 382,400.00 382,400.00 1 2503096410 FL 90.00 01-Apr-2005 193,500.00 192,006.64 1 2503097289 CA 70.00 01-Apr-2005 192,500.00 192,500.00 1 2503097652 CA 80.00 01-Apr-2005 376,400.00 376,400.00 1 2503098288 CA 80.00 01-Apr-2005 420,000.00 420,000.00

~~Realized~~Prepayment ~~Loss~~ Loan Detail ~~Report~~ - ~~Loans~~Prepayments ~~With Losses~~ during Current Period (continued) ~~Prior~~Current ~~Cumulative~~ Loan ~~Principal~~PIF ~~Realized~~Months ~~Realized~~Loan Original Group Number ~~Balance~~Type ~~Loss/~~Delinquent Rate Term Seasoning 1 1103196397 Loan Paid in Full 0 5.875% 360 10 1 1103229277 Loan Paid in Full 1 5.500% 360 9 1 1103270480 Loan Paid in Full 0 7.750% 360 13 1 1103277375 Loan Paid in Full 0 7.500% 360 12 1 1103298156 Loan Paid in Full 0 5.750% 360 10 1 1103310129 Loan Paid in Full 0 7.375% 360 11 1 1103317062 Loan Paid in Full 0 5.875% 360 11 1 1103319213 Loan Paid in Full 0 6.875% 360 9 1 1103321686 Loan Paid in Full 0 9.000% 360 13 1 1103321890 Loan Paid in Full 0 6.125% 360 10 1 1103323503 Loan Paid in Full 0 7.240% 360 14 1 1103328043 Loan Paid in Full 0 6.000% 360 10 1 1103329627 Loan Paid in Full 0 6.000% 360 10 1 1103331080 Loan Paid in Full 0 5.000% 360 10 1 1103332716 Loan Paid in Full 0 9.250% 360 10 1 1103334461 Loan Paid in Full 0 6.750% 360 10 1 1103335088 Loan Paid in Full 0 5.750% 360 9 1 1103335536 Loan Paid in Full 0 7.875% 360 10 1 1103335559 Loan Paid in Full 0 7.687% 360 11 1 1103338904 Loan Paid in Full 0 6.750% 360 10 1 1103339016 Loan Paid in Full 0 5.625% 360 11 1 1103340685 Loan Paid in Full 0 6.990% 360 12 1 1103340848 Loan Paid in Full 0 6.125% 360 9 1 1103342532 Loan Paid in Full (~~Gain~~1) ~~Loss/~~6.380% 360 11 1 1103342742 Loan Paid in Full 0 6.255% 360 11 1 1103342779 Loan Paid in Full 0 6.015% 360 11 1 1103342855 Loan Paid in Full 0 6.865% 360 11 1 1103342898 Loan Paid in Full 0 6.015% 360 11 1 1103342963 Loan Paid in Full 0 6.240% 360 11 1 1103343029 Loan Paid in Full 0 5.375% 360 11 1 1103343053 Loan Paid in Full 0 6.875% 360 12 1 1103343787 Loan Paid in Full 0 6.500% 360 9 1 1103343806 Loan Paid in Full 0 7.500% 360 10 1 1103343973 Loan Paid in Full 0 6.750% 360 9 1 1103344175 Loan Paid in Full 0 7.450% 360 11 1 1103344689 Loan Paid in Full 0 5.500% 360 11 1 1103344730 Loan Paid in Full 0 6.875% 360 9 1 1103345584 Loan Paid in Full 0 6.125% 360 10 1 1103345754 Loan Paid in Full (~~Gain~~1) No6.125% ~~losses~~360 ~~this~~10 ~~period~~1 1103345767 Loan Paid in Full 0 5.500% 360 9 1 1103346303 Loan Paid in Full (1) 6.625% 360 11 1 1103346478 Loan Paid in Full 0 6.625% 360 10 1 1103347045 Loan Paid in Full 0 4.875% 360 11 1 1103347122 Loan Paid in Full 0 5.500% 360 9 1 1103347617 Loan Paid in Full 0 7.250% 360 9 1 1103348392 Loan Paid in Full 0 6.990% 360 9 1 1103348975 Loan Paid in Full 0 6.500% 360 10 1 1103349030 Loan Paid in Full 2 5.875% 360 10 1 1103349958 Loan Paid in Full 2 6.125% 360 10 1 1103351154 Loan Paid in Full 0 7.625% 360 9 1 1103352362 Loan Paid in Full 0 7.500% 360 10 1 1103352950 Loan Paid in Full 0 5.000% 360 10 1 1103353007 Loan Paid in Full 0 9.990% 240 16 1 1103353598 Loan Paid in Full 0 6.000% 360 9 1 1103353777 Loan Paid in Full (1) 5.500% 360 9 1 1103355033 Loan Paid in Full 0 5.375% 360 9 1 1103355911 Loan Paid in Full 0 6.000% 360 9 1 1103356139 Loan Paid in Full 0 5.625% 360 9 1 1103356481 Loan Paid in Full 0 5.500% 360 10 1 1103357138 Loan Paid in Full 0 6.000% 360 10 1 1103357774 Loan Paid in Full 0 6.250% 360 9 1 1103358046 Loan Paid in Full (1) 6.755% 360 10 1 1103358089 Loan Paid in Full 0 6.990% 360 10 1 1103358098 Loan Paid in Full 0 6.990% 360 10 1 1103358121 Loan Paid in Full 0 6.240% 360 10 1 1103358169 Loan Paid in Full 0 6.750% 360 10 1 1103358260 Loan Paid in Full 0 6.740% 360 10 1 1103358863 Loan Paid in Full 0 5.950% 360 9 1 1103359091 Loan Paid in Full 0 5.875% 360 10 1 1103359192 Loan Paid in Full 0 5.750% 360 9 1 1103359380 Loan Paid in Full 0 5.750% 360 11 1 1103359635 Loan Paid in Full 0 5.375% 360 9 1 1103359778 Loan Paid in Full 0 7.625% 360 10 1 1103359782 Loan Paid in Full 0 6.875% 360 10 1 1103359797 Loan Paid in Full 3 6.575% 360 10 1 1103359798 Loan Paid in Full 0 4.700% 360 10 1 1103359872 Loan Paid in Full (1) 6.625% 360 11 1 1103359881 Loan Paid in Full 0 6.500% 360 10 1 1103359916 Loan Paid in Full (1) 6.375% 360 10 1 1103359976 Loan Paid in Full 0 9.000% 360 10 1 1103360568 Loan Paid in Full 0 6.125% 360 11 1 1103364760 Loan Paid in Full 0 5.500% 360 9 1 1103364964 Loan Paid in Full 0 6.000% 360 9 1 1103364973 Loan Paid in Full (1) 7.000% 360 9 1 1103365847 Loan Paid in Full 0 5.875% 360 12 1 1103365890 Loan Paid in Full 0 6.625% 360 10 1 1103365891 Loan Paid in Full 0 6.625% 360 10 1 1103365914 Loan Paid in Full 0 5.990% 360 10 1 1103365926 Loan Paid in Full 0 6.250% 360 10 1 1103365935 Loan Paid in Full 0 5.250% 360 10 1 1103366014 Loan Paid in Full (1) 4.750% 360 12 1 1103366046 Loan Paid in Full 0 5.250% 360 12 1 1103366054 Loan Paid in Full (1) 4.875% 360 11 1 1103366082 Loan Paid in Full 0 5.875% 360 11 1 1103366111 Loan Paid in Full 0 5.750% 360 11 1 1103367647 Loan Paid in Full 0 5.125% 360 9 1 1103367914 Loan Paid in Full (1) 6.375% 360 10 1 1103371398 Loan Paid in Full 0 5.490% 360 10 1 1103371412 Loan Paid in Full 0 5.690% 360 10 1 1103371461 Loan Paid in Full 0 6.750% 360 10 1 1103371510 Loan Paid in Full 0 6.590% 360 9 1 1103371646 Loan Paid in Full 0 7.690% 360 10 1 1103371694 Loan Paid in Full 1 5.990% 360 10 1 1103371805 Loan Paid in Full 0 6.240% 360 10 1 1103372059 Loan Paid in Full 0 6.740% 360 11 1 1103372069 Loan Paid in Full 0 6.390% 360 10 1 1103372073 Loan Paid in Full 0 6.090% 360 10 1 1103372154 Loan Paid in Full 0 6.090% 360 10 1 1103372187 Loan Paid in Full 0 6.440% 360 9 1 1103372202 Loan Paid in Full 0 5.950% 360 11 1 1103372203 Loan Paid in Full 0 6.440% 360 10 1 1103372227 Loan Paid in Full 0 4.650% 360 10 1 1103372254 Loan Paid in Full 0 5.040% 360 10 1 1103372261 Loan Paid in Full 0 5.540% 360 10 1 1103372286 Loan Paid in Full 0 5.840% 360 10 1 1103372316 Loan Paid in Full 0 5.990% 360 11 1 1103372383 Loan Paid in Full 1 6.440% 360 10 1 1103372538 Loan Paid in Full 1 5.990% 360 10 1 1103372673 Loan Paid in Full (1) 5.300% 360 10 1 1103372689 Loan Paid in Full 0 5.940% 360 10 1 1103372779 Loan Paid in Full 0 5.890% 360 10 1 1103373934 Loan Paid in Full 0 6.000% 360 11 1 1103378096 Loan Paid in Full 0 6.000% 360 10 1 2503089338 Loan Paid in Full 0 6.500% 360 10 1 2503091919 Loan Paid in Full 2 7.250% 360 9 1 2503092425 Loan Paid in Full 0 6.625% 360 9 1 2503093827 Loan Paid in Full 0 4.750% 360 9 1 2503095402 Loan Paid in Full (2) 6.750% 360 9 1 2503096198 Loan Paid in Full 0 6.000% 360 9 1 2503096410 Loan Paid in Full 0 7.125% 360 9 1 2503097289 Liquidation 6 5.250% 360 9 1 2503097652 Loan Paid in Full 0 6.500% 360 9 1 2503098288 Loan Paid in Full 0 5.875% 360 9

Prepayment - Voluntary Prepayments

~~MDR~~Summary ~~SDA~~SMM CPR PSA Current Month 03.~~000~~092% Current Month 031.~~000~~404% Current Month 1,553.607% 3 Month Average 03.~~000~~018% 3 Month Average 30.746% 3 Month Average 1,705.742% 12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% ~~MDR~~CPR: Current vs 12mo Average* ~~SDA~~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 012.~~000~~305% N/A Apr-2005 02,906.~~000~~210% N/A May-2005 013.~~000~~062% N/A May-2005 02,097.~~000~~066% N/A Jun-2005 015.~~000~~654% N/A Jun-2005 01,902.~~000~~371% N/A Jul-2005 023.~~000~~699% N/A Jul-2005 02,321.~~000~~235% N/A Aug-2005 024.~~000~~641% N/A Aug-2005 02,017.~~000~~867% 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. 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 0~~29.~~000~~662% N/A ~~Apr~~Sep-2005 02,087.~~000~~674% N/A ~~May~~Oct-2005 032.~~000~~875% N/A ~~May~~Oct-2005 02,028.~~000~~241% N/A ~~Jun~~Nov-2005 027.~~000~~960% N/A ~~Jun~~Nov-2005 01,535.~~000~~376% N/A ~~Jul~~Dec-2005 031.~~000~~404% N/A ~~Jul~~Dec-2005 01,553.~~000~~607% 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. 1 ~~MDR~~SMM ~~SDA~~CPR PSA Current Month 03.~~000~~462% Current Month 034.~~000~~475% Current Month 1,708.078% 3 Month Average 03.~~000~~367% 3 Month Average 33.672% 3 Month Average 1,870.621% 12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% ~~MDR~~CPR: Current vs 12mo Average* ~~SDA~~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 013.~~000~~462% N/A Apr-2005 03,194.~~000~~576% N/A May-2005 014.~~000~~300% N/A May-2005 02,303.~~000~~299% N/A Jun-2005 017.~~000~~131% N/A Jun-2005 02,087.~~000~~223% N/A Jul-2005 024.~~000~~742% N/A Jul-2005 02,429.~~000~~582% N/A Aug-2005 026.~~000~~890% N/A Aug-2005 02,206.~~000~~768% 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. 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 0~~32.~~000~~334% N/A ~~Apr~~Sep-2005 02,280.~~000~~139% N/A ~~May~~Oct-2005 035.~~000~~853% N/A ~~May~~Oct-2005 02,215.~~000~~894% N/A ~~Jun~~Nov-2005 030.~~000~~688% N/A ~~Jun~~Nov-2005 01,687.~~000~~893% N/A ~~Jul~~Dec-2005 034.~~000~~475% N/A ~~Jul~~Dec-2005 01,708.~~000~~078% 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. 2 ~~MDR~~SMM ~~SDA~~CPR PSA Current Month 0.~~000~~005% Current Month 0.~~000~~059% Current Month 2.897% 3 Month Average 0.~~000~~005% 3 Month Average 0.064% 3 Month Average 3.551% 12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% ~~MDR~~CPR: Current vs 12mo Average* ~~SDA~~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 0.~~000~~016% N/A Apr-2005 03.~~000~~523% N/A May-2005 0.~~000~~014% N/A May-2005 02.~~000~~240% N/A Jun-2005 0.~~000~~014% N/A Jun-2005 01.~~000~~711% N/A Jul-2005 013.~~000~~041% N/A Jul-2005 01,247.~~000~~224% N/A Aug-2005 0.~~000~~035% N/A Aug-2005 02.~~000~~798% 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. 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~~ 0.~~000~~079% N/A ~~Apr~~Sep-2005 05.~~000~~479% N/A ~~May~~Oct-2005 0.~~000~~081% N/A ~~May~~Oct-2005 04.~~000~~948% N/A ~~Jun~~Nov-2005 0.~~000~~052% N/A ~~Jun~~Nov-2005 02.~~000~~807% N/A ~~Jul~~Dec-2005 0.~~000~~059% N/A ~~Jul~~Dec-2005 02.~~000~~897% 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~~Single ~~Default~~Month ~~Rate~~Mortality (~~MDR~~SMM): ~~sum~~(~~Beg~~Partial ~~Principal~~and ~~Balance~~full ofprepayments ~~Liquidated~~+ ~~Loans~~Repurchases) / ~~sum~~(~~Beg~~Beginning ~~Principal~~Scheduled Balance - Scheduled Principal). Conditional ~~Default~~PrePayment Rate (~~CDR~~CPR): 1 - ((1 -~~MDR~~ SMM)^12) ~~SDA~~PSA Standard ~~Default~~Prepayment ~~Assumption~~Model: If100 ~~WAS is less than or equal to 30 then CDR/(WAS~~*~~0.02)~~ ~~else~~CPR ~~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/~~(0.62 -* MIN((30,WAS~~-60~~)*0.0095)) ~~else~~Weighted ifAverage ~~WAS~~Seasoning ~~is greater than 120 then CDR/0.03 Loss Severity Approximation for current period~~(WAS): sum(~~Realized~~(Original ~~Loss~~Term ~~Amount~~- Remaining Term)~~/sum~~*(~~Beg~~Current ~~Principal~~Scheduled Balance/Deal ofScheduled ~~Liquidated~~Principal ~~Loans~~Balance))

Filing Compare · IMPAC CMB TRUST SERIES 2005-2, COLLATERALIZED ASSET-BACKED BONDS, SERIES 2005-2