8-K 1 imh05006_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 2005-6 (Exact name of registrant as specified in its charter) New York (governing law of 333-126443-01 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 2005-6 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 2005-6 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 2005-6 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 2005-6 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 CMB TRUST 2005-6 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: 8/31/2005 Distribution Date: 9/26/2005 Impac Assets Corp. Collateralized Asset-Backed Bonds Series IMPAC CMB TRUST SERIES 2005-6 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 45254NQG5 ~~SEN 3~~4.~~95438~~44375% ~~957~~925,~~433~~473,~~000~~721.0084 13,~~787~~655,~~858~~621.7920 1-A-2 45254NQW0 ~~SEN 3~~4.~~84438~~33375% ~~200~~193,~~000~~323,~~000~~965.0061 ~~363~~744,~~080~~726.3388 2-A-1 45254NQQ3 ~~SEN~~ 4.~~04438~~53375% 100,~~812~~167,~~000~~520.0073 ~~192~~403,~~535~~675.4111 2-A-2 45254NQR1 ~~SEN~~ 4.~~10438~~59375% 36,~~858~~622,~~000~~371.0014 71149,~~437~~541.4235 1-M-1 45254NQK6 ~~MEZ~~ 4.~~18438~~67375% ~~141~~136,~~297~~522,~~000~~684.0041 ~~279~~567,~~196~~175.8391 1-M-2 45254NQL4 ~~MEZ~~ 4.~~21438~~70375% 2019,~~293~~607,~~000~~315.0033 4081,~~385~~980.5836 1-M-3 45254NQM2 ~~MEZ~~ 4.~~31438~~80375% 5957,~~375~~368,~~000~~764.0099 ~~120~~244,~~967~~964.4363 1-M-4 45254NQN0 ~~MEZ~~ 4.~~37438~~86375% 5453,~~865~~011,~~000~~154.0038 ~~113~~229,~~333~~184.5089 1-M-5 45254NQP5 ~~MEZ~~ 4.~~41438~~90375% 2524,~~554~~690,~~000~~550.0024 53107,~~269~~623.0637 2-M-1 45254NQU4 ~~MEZ~~ 4.~~22438~~71375% 2423,~~133~~978,~~000~~720.0057 48100,~~141~~470.6284 2-M-2 45254NQV2 ~~MEZ~~ 4.~~45438~~94375% 21,~~940~~799,~~000~~740.0016 4695,~~149~~797.8575 1-B-1 45254NQH3 ~~SUB~~ 5.~~05438~~54375% 2928,~~312~~321,~~000~~570.0035 69139,~~961~~562.6040 1-B-2 45254NQJ9 ~~SUB~~ 5.~~25438~~74375% 1514,~~031~~523,~~000~~114.0022 3774,~~295~~148.4457 2-B-1 45254NQS9 ~~SUB~~ 5.~~40438~~89375% 17,~~552~~439,~~000~~792.0013 4479,~~793~~671.9032 2-B-2 45254NQT7 ~~SUB 5~~6.~~95438~~44375% 13,~~164~~079,~~000~~844.0009 3759,~~014~~753.4149 ~~Owner~~ Trust ~~Certi~~Certifi IMH05006TC ~~RES~~ 0.00000% 413,~~935~~386,~~367~~521.8511 01,578,289.0042 Totals 1,~~722~~679,~~554~~317,~~367~~351.8530 38,~~305~~312,~~421~~187.1749

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-1 820,~~977~~332,~~479~~171.3516 0.00 ~~948~~905,~~455~~141,~~520~~550.6568 1023,~~765~~987,~~338~~792.1436 0.00 1-A-2 14,~~875~~247,~~322~~225.7390 0.00 ~~198~~189,~~124~~076,~~677~~739.2772 24,~~238~~991,~~403~~952.0678 0.00 2-A-1 ~~323~~132,~~070~~325.4796 0.00 100,~~488~~035,~~929~~194.5377 ~~515~~536,~~605~~001.8807 0.00 2-A-2 ~~118~~48,~~118~~379.1986 0.00 36,~~739~~573,~~881~~991.8128 ~~189~~197,~~555~~921.6121 0.00 1-M-1 12,~~324~~999,~~887~~331.3861 0.00 ~~139~~133,~~972~~523,~~112~~352.6280 13,~~604~~566,~~084~~507.2152 0.00 1-M-2 ~~190~~430,~~279~~762.6241 0.00 2019,~~102~~176,~~720~~552.3892 ~~230~~512,~~665~~742.2077 0.00 1-M-3 ~~556~~1,~~736~~260,361.4461 0.00 5856,~~818~~108,~~263~~403.5638 ~~677~~1,~~703~~505,326.8724 0.00 1-M-4 ~~514~~1,~~447~~164,627.9119 0.00 5451,~~350~~846,~~552~~527.0918 ~~627~~1,~~781~~393,812.4108 0.00 1-M-5 ~~239~~542,~~609~~438.9941 0.00 2524,~~314~~148,~~390~~111.0183 ~~292~~650,~~879~~061.0578 0.00 2-M-1 7731,~~338~~677.6101 0.00 2423,~~055~~947,~~661~~043.3956 ~~125~~132,~~480~~147.2385 0.00 2-M-2 7028,~~310~~798.7447 0.00 21,~~869~~770,~~689~~941.2669 ~~116~~124,~~460~~596.5922 0.00 1-B-1 ~~274~~622,~~847~~210.3001 0.00 2927,~~037~~699,~~152~~360.7034 ~~344~~761,~~808~~772.9041 0.00 1-B-2 ~~140~~319,~~939~~065.8818 0.00 14,~~890~~204,~~060~~049.1203 ~~178~~393,~~235~~213.3275 0.00 2-B-1 5623,~~248~~038.5978 0.00 17,~~495~~416,~~751~~753.4135 ~~101~~102,~~042~~710.4910 0.00 2-B-2 4217,~~186~~279.4408 0.00 13,~~121~~062,~~813~~565.5601 7977,~~200~~032.8557 0.00 ~~Owner~~ Trust ~~Cer~~Certifi 0.00 0.00 913,~~600~~497,~~453~~894.3033 01,578,289.0042 0.00 Totals 1432,~~781~~199,~~823~~692.64 0.00 1,~~712~~647,~~437~~229,~~629~~031.6687 1840,~~087~~511,~~244~~880.8113 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-1 957,433,000.00 ~~957~~925,~~433~~473,~~000~~721.0084 0.00 820,~~977~~332,~~479~~171.3516 0.00 0.00 1-A-2 200,000,000.00 ~~200~~193,~~000~~323,~~000~~965.0061 0.00 14,~~875~~247,~~322~~225.7390 0.00 0.00 2-A-1 100,812,000.00 100,~~812~~167,~~000~~520.0073 0.00 ~~323~~132,~~070~~325.4796 0.00 0.00 2-A-2 36,858,000.00 36,~~858~~622,~~000~~371.0014 0.00 ~~118~~48,~~118~~379.1986 0.00 0.00 1-M-1 141,297,000.00 ~~141~~136,~~297~~522,~~000~~684.0041 0.00 12,~~324~~999,~~887~~331.3861 0.00 0.00 1-M-2 20,293,000.00 2019,~~293~~607,~~000~~315.0033 0.00 ~~190~~430,~~279~~762.6241 0.00 0.00 1-M-3 59,375,000.00 5957,~~375~~368,~~000~~764.0099 0.00 ~~556~~1,~~736~~260,361.4461 0.00 0.00 1-M-4 54,865,000.00 5453,~~865~~011,~~000~~154.0038 0.00 ~~514~~1,~~447~~164,627.9119 0.00 0.00 1-M-5 25,554,000.00 2524,~~554~~690,~~000~~550.0024 0.00 ~~239~~542,~~609~~438.9941 0.00 0.00 2-M-1 24,133,000.00 2423,~~133~~978,~~000~~720.0057 0.00 7731,~~338~~677.6101 0.00 0.00 2-M-2 21,940,000.00 21,~~940~~799,~~000~~740.0016 0.00 7028,~~310~~798.7447 0.00 0.00 1-B-1 29,312,000.00 2928,~~312~~321,~~000~~570.0035 0.00 ~~274~~622,~~847~~210.3001 0.00 0.00 1-B-2 15,031,000.00 1514,~~031~~523,~~000~~114.0022 0.00 ~~140~~319,~~939~~065.8818 0.00 0.00 2-B-1 17,552,000.00 17,~~552~~439,~~000~~792.0013 0.00 5623,~~248~~038.5978 0.00 0.00 2-B-2 13,164,000.00 13,~~164~~079,~~000~~844.0009 0.00 4217,~~186~~279.4408 0.00 0.00 ~~Owner~~ Trust ~~Cer~~Certifi 4,935,367.85 413,~~935~~386,~~367~~521.8511 0.00 0.00 0.00 0.00 Totals 1,722,554,367.85 1,~~722~~679,~~554~~317,~~367~~351.8530 0.00 1432,~~781~~199,~~823~~692.64 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-1 820,~~977~~332,~~479~~171.3516 ~~948~~905,~~455~~141,~~520~~550.6568 0.~~99062339~~945384 820,~~977~~332,~~479~~171.3516 1-A-2 14,~~875~~247,~~322~~225.7390 ~~198~~189,~~124~~076,~~677~~739.2772 0.~~99062339~~945384 14,~~875~~247,~~322~~225.7390 2-A-1 ~~323~~132,~~070~~325.4796 100,~~488~~035,~~929~~194.5377 0.~~99679532~~992295 ~~323~~132,~~070~~325.4796 2-A-2 ~~118~~48,~~118~~379.1986 36,~~739~~573,~~881~~991.8128 0.~~99679532~~992295 ~~118~~48,~~118~~379.1986 1-M-1 12,~~324~~999,~~887~~331.3861 ~~139~~133,~~972~~523,~~112~~352.6280 0.~~99062339~~944984 12,~~324~~999,~~887~~331.3861 1-M-2 ~~190~~430,~~279~~762.6241 2019,~~102~~176,~~720~~552.3892 0.~~99062339~~944984 ~~190~~430,~~279~~762.6241 1-M-3 ~~556~~1,~~736~~260,361.4461 5856,~~818~~108,~~263~~403.5638 0.~~99062339~~944984 ~~556~~1,~~736~~260,361.4461 1-M-4 ~~514~~1,~~447~~164,627.9119 5451,~~350~~846,~~552~~527.0918 0.~~99062339~~944984 ~~514~~1,~~447~~164,627.9119 1-M-5 ~~239~~542,~~609~~438.9941 2524,~~314~~148,~~390~~111.0183 0.~~99062339~~944984 ~~239~~542,~~609~~438.9941 2-M-1 7731,~~338~~677.6101 2423,~~055~~947,~~661~~043.3956 0.~~99679532~~992295 7731,~~338~~677.6101 2-M-2 7028,~~310~~798.7447 21,~~869~~770,~~689~~941.2669 0.~~99679532~~992295 7028,~~310~~798.7447 1-B-1 ~~274~~622,~~847~~210.3001 2927,~~037~~699,~~152~~360.7034 0.~~99062339~~944984 ~~274~~622,~~847~~210.3001 1-B-2 ~~140~~319,~~939~~065.8818 14,~~890~~204,~~060~~049.1203 0.~~99062339~~944984 ~~140~~319,~~939~~065.8818 2-B-1 5623,~~248~~038.5978 17,~~495~~416,~~751~~753.4135 0.~~99679532~~992295 5623,~~248~~038.5978 2-B-2 4217,~~186~~279.4408 13,~~121~~062,~~813~~565.5601 0.~~99679532~~992295 4217,~~186~~279.4408 ~~Owner~~ Trust ~~Cer~~Certifi 0.00 913,~~600~~497,~~453~~894.3033 12.~~94523561~~734932 0.00 Totals 1432,~~781~~199,~~823~~692.64 1,~~712~~647,~~437~~229,~~629~~031.6687 0.~~99412690~~956271 1432,~~781~~199,~~823~~692.64

Principal Distribution Factors Statement Class Original Beginning Scheduled ~~Unscheduled~~UnScheduled Accretion Face Certificate Principal Principal ~~Class (2)~~ Amount Balance Distribution Distribution ~~Accretion~~ 1-A-1 957,433,000.00 ~~1000~~966.~~00000000~~619828 0.~~00000000~~000000 921.~~37661366~~236129 0.~~00000000~~000000 1-A-2 200,000,000.00 ~~1000~~966.~~00000000~~619828 0.~~00000000~~000000 921.~~37661365~~236130 0.~~00000000~~000000 2-A-1 100,812,000.00 ~~1000~~993.~~00000000~~607118 0.~~00000000~~000000 31.~~20468268~~312601 0.~~00000000~~000000 2-A-2 36,858,000.00 ~~1000~~993.~~00000000~~607118 0.~~00000000~~000000 31.~~20468257~~312601 0.~~00000000~~000000 1-M-1 141,297,000.00 ~~1000~~966.~~00000000~~210779 0.~~00000000~~000000 921.~~37661366~~227143 0.~~00000000~~000000 1-M-2 20,293,000.00 ~~1000~~966.~~00000000~~210779 0.~~00000000~~000000 921.~~37661361~~227143 0.~~00000000~~000000 1-M-3 59,375,000.00 ~~1000~~966.~~00000000~~210779 0.~~00000000~~000000 921.~~37661373~~227143 0.~~00000000~~000000 1-M-4 54,865,000.00 ~~1000~~966.~~00000000~~210779 0.~~00000000~~000000 921.~~37661369~~227143 0.~~00000000~~000000 1-M-5 25,554,000.00 ~~1000~~966.~~00000000~~210779 0.~~00000000~~000000 921.~~37661384~~227143 0.~~00000000~~000000 2-M-1 24,133,000.00 ~~1000~~993.~~00000000~~607118 0.~~00000000~~000000 31.~~20468280~~312601 0.~~00000000~~000000 2-M-2 21,940,000.00 ~~1000~~993.~~00000000~~607118 0.~~00000000~~000000 31.~~20468277~~312601 0.~~00000000~~000000 1-B-1 29,312,000.00 ~~1000~~966.~~00000000~~210779 0.~~00000000~~000000 921.~~37661367~~227143 0.~~00000000~~000000 1-B-2 15,031,000.00 ~~1000~~966.~~00000000~~210779 0.~~00000000~~000000 921.~~37661367~~227143 0.~~00000000~~000000 2-B-1 17,552,000.00 ~~1000~~993.~~00000000~~607118 0.~~00000000~~000000 31.~~20468266~~312601 0.~~00000000~~000000 2-B-2 13,164,000.00 ~~1000~~993.~~00000000~~607117 0.~~00000000~~000000 31.~~20468247~~312601 0.~~00000000~~000000 ~~Owner~~ Trust ~~Cer~~Certifi 4,935,367.85 ~~1000~~2712.~~00000000~~365424 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000 (2) All classes are per $1,000 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 921.~~37661366~~236129 ~~990~~945.~~62338634~~383699 0.~~99062339~~945384 921.~~37661366~~236129 1-A-2 0.~~00000000~~000000 921.~~37661365~~236130 ~~990~~945.~~62338635~~383699 0.~~99062339~~945384 921.~~37661365~~236130 2-A-1 0.~~00000000~~000000 31.~~20468268~~312601 ~~996~~992.~~79531732~~294516 0.~~99679532~~992295 31.~~20468268~~312601 2-A-2 0.~~00000000~~000000 31.~~20468257~~312601 ~~996~~992.~~79531743~~294516 0.~~99679532~~992295 31.~~20468257~~312601 1-M-1 0.~~00000000~~000000 921.~~37661366~~227143 ~~990~~944.~~62338634~~983636 0.~~99062339~~944984 921.~~37661366~~227143 1-M-2 0.~~00000000~~000000 921.~~37661361~~227143 ~~990~~944.~~62338639~~983636 0.~~99062339~~944984 921.~~37661361~~227143 1-M-3 0.~~00000000~~000000 921.~~37661373~~227143 ~~990~~944.~~62338627~~983636 0.~~99062339~~944984 921.~~37661373~~227143 1-M-4 0.~~00000000~~000000 921.~~37661369~~227143 ~~990~~944.~~62338631~~983636 0.~~99062339~~944984 921.~~37661369~~227143 1-M-5 0.~~00000000~~000000 921.~~37661384~~227143 ~~990~~944.~~62338616~~983636 0.~~99062339~~944984 921.~~37661384~~227143 2-M-1 0.~~00000000~~000000 31.~~20468280~~312601 ~~996~~992.~~79531720~~294516 0.~~99679532~~992295 31.~~20468280~~312601 2-M-2 0.~~00000000~~000000 31.~~20468277~~312601 ~~996~~992.~~79531723~~294516 0.~~99679532~~992295 31.~~20468277~~312601 1-B-1 0.~~00000000~~000000 921.~~37661367~~227143 ~~990~~944.~~62338633~~983636 0.~~99062339~~944984 921.~~37661367~~227143 1-B-2 0.~~00000000~~000000 921.~~37661367~~227143 ~~990~~944.~~62338633~~983636 0.~~99062339~~944984 921.~~37661367~~227143 2-B-1 0.~~00000000~~000000 31.~~20468266~~312601 ~~996~~992.~~79531734~~294516 0.~~99679532~~992295 31.~~20468266~~312601 2-B-2 0.~~00000000~~000000 31.~~20468247~~312601 ~~996~~992.~~79531753~~294516 0.~~99679532~~992295 31.~~20468247~~312601 ~~Owner~~ Trust ~~Cer~~Certifi 0.~~00000000~~000000 0.~~00000000~~000000 12,~~945~~734.~~23561197~~931770 12.~~94523561~~734932 0.~~00000000~~000000 ~~(3)~~All ~~Amount~~classes ~~Does~~are ~~Not~~per ~~Include Excess Special Hazard~~$1,000 ~~Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. 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 ~~957,433,000.00~~11/25/05 3- 12/26/05 32 4.~~95438~~44375% ~~957~~925,~~433~~473,~~000~~721.0084 13,~~787~~655,~~858~~621.7920 0.00 ~~0.00~~ 1-A-2 ~~200,000,000.00~~11/25/05 3- 12/26/05 32 4.~~84438~~33375% ~~200~~193,~~000~~323,~~000~~965.0061 ~~363~~744,~~080~~726.3388 0.00 ~~0.00~~ 2-A-1 ~~100,812,000.00~~11/25/05 - 12/26/05 32 4.~~04438~~53375% 100,~~812~~167,~~000~~520.0073 ~~192~~403,~~535~~675.4111 0.00 ~~0.00~~ 2-A-2 ~~36,858,000.00~~11/25/05 - 12/26/05 32 4.~~10438~~59375% 36,~~858~~622,~~000~~371.0014 71149,~~437~~541.4235 0.00 ~~0.00~~ 1-M-1 ~~141,297,000.00~~11/25/05 - 12/26/05 32 4.~~18438~~67375% ~~141~~136,~~297~~522,~~000~~684.0041 ~~279~~567,~~196~~175.8391 0.00 ~~0.00~~ 1-M-2 ~~20,293,000.00~~11/25/05 - 12/26/05 32 4.~~21438~~70375% 2019,~~293~~607,~~000~~315.0033 4081,~~385~~980.5836 0.00 ~~0.00~~ 1-M-3 ~~59,375,000.00~~11/25/05 - 12/26/05 32 4.~~31438~~80375% 5957,~~375~~368,~~000~~764.0099 ~~120~~244,~~967~~964.4363 0.00 ~~0.00~~ 1-M-4 ~~54,865,000.00~~11/25/05 - 12/26/05 32 4.~~37438~~86375% 5453,~~865~~011,~~000~~154.0038 ~~113~~229,~~333~~184.5089 0.00 ~~0.00~~ 1-M-5 11/25~~,554,000.00~~/05 - 12/26/05 32 4.~~41438~~90375% 2524,~~554~~690,~~000~~550.0024 53107,~~269~~623.0637 0.00 ~~0.00~~ 2-M-1 ~~24,133,000.00~~11/25/05 - 12/26/05 32 4.~~22438~~71375% 2423,~~133~~978,~~000~~720.0057 48100,~~141~~470.6284 0.00 ~~0.00~~ 2-M-2 ~~21,940,000.00~~11/25/05 - 12/26/05 32 4.~~45438~~94375% 21,~~940~~799,~~000~~740.0016 4695,~~149~~797.8575 0.00 ~~0.00~~ 1-B-1 ~~29,312,000.00~~11/25/05 - 12/26/05 32 5.~~05438~~54375% 2928,~~312~~321,~~000~~570.0035 69139,~~961~~562.6040 0.00 ~~0.00~~ 1-B-2 ~~15,031,000.00~~11/25/05 - 12/26/05 32 5.~~25438~~74375% 1514,~~031~~523,~~000~~114.0022 3774,~~295~~148.4457 0.00 ~~0.00~~ 2-B-1 ~~17,552,000.00~~11/25/05 - 12/26/05 32 5.~~40438~~89375% 17,~~552~~439,~~000~~792.0013 4491,~~793~~365.9013 0.00 ~~0.00~~ 2-B-2 ~~13,164,000.00~~11/25/05 5- 12/26/05 32 6.~~95438~~44375% 13,~~164~~079,~~000~~844.0009 3774,~~014~~918.4144 0.00 ~~0.00 Owner~~ Trust ~~Cer~~Certific ~~4,935,367.85~~N/A N/A 0.00000% 413,~~935~~386,~~367~~521.8511 0.00 0.00 ~~0.00~~ Totals 16,~~722~~760,~~554,367~~756.8583 ~~3,305,421.17~~ 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 13,~~787~~655,~~858~~621.7920 0.00 ~~948~~905,~~455~~141,~~520~~550.6568 1-A-2 0.00 0.00 ~~363~~744,~~080~~726.3388 0.00 ~~198~~189,~~124~~076,~~677~~739.2772 2-A-1 0.00 0.00 ~~192~~403,~~535~~675.4111 0.00 100,~~488~~035,~~929~~194.5377 2-A-2 0.00 0.00 71149,~~437~~541.4235 0.00 36,~~739~~573,~~881~~991.8128 1-M-1 0.00 0.00 ~~279~~567,~~196~~175.8391 0.00 ~~139~~133,~~972~~523,~~112~~352.6280 1-M-2 0.00 0.00 4081,~~385~~980.5836 0.00 2019,~~102~~176,~~720~~552.3892 1-M-3 0.00 0.00 ~~120~~244,~~967~~964.4363 0.00 5856,~~818~~108,~~263~~403.5638 1-M-4 0.00 0.00 ~~113~~229,~~333~~184.5089 0.00 5451,~~350~~846,~~552~~527.0918 1-M-5 0.00 0.00 53107,~~269~~623.0637 0.00 2524,~~314~~148,~~390~~111.0183 2-M-1 0.00 0.00 48100,~~141~~470.6284 0.00 2423,~~055~~947,~~661~~043.3956 2-M-2 0.00 0.00 4695,~~149~~797.8575 0.00 21,~~869~~770,~~689~~941.2669 1-B-1 0.00 0.00 69139,~~961~~562.6040 0.00 2927,~~037~~699,~~152~~360.7034 1-B-2 0.00 0.00 3774,~~295~~148.4457 0.00 14,~~890~~204,~~060~~049.1203 2-B-1 0.00 0.00 4479,~~793~~671.9032 0.00 17,~~495~~416,~~751~~753.4135 2-B-2 0.00 0.00 3759,~~014~~753.4149 0.00 13,~~121~~062,~~813~~565.5601 ~~Owner~~ Trust ~~Cer~~Certifica 0.00 0.00 01,578,289.0042 0.00 913,~~600~~497,~~453~~894.3033 Totals 0.00 0.00 38,~~305~~312,~~421~~187.1749 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 - 12/26/05 957,433,000.00 34.~~95438~~44375% ~~1000~~966.~~00000000~~619828 13.~~86734611~~818148 0.~~00000000~~000000 ~~0.00000000~~ 1-A-2 11/25/05 - 12/26/05 200,000,000.00 34.~~84438~~33375% ~~1000~~966.~~00000000~~619828 13.~~81540165~~723634 0.~~00000000~~000000 ~~0.00000000~~ 2-A-1 11/25/05 - 12/26/05 100,812,000.00 4.~~04438~~53375% ~~1000~~993.~~00000000~~607118 14.~~90984615~~004237 0.~~00000000~~000000 ~~0.00000000~~ 2-A-2 11/25/05 - 12/26/05 36,858,000.00 4.~~10438~~59375% ~~1000~~993.~~00000000~~607118 14.~~93817950~~057229 0.~~00000000~~000000 ~~0.00000000~~ 1-M-1 11/25/05 - 12/26/05 141,297,000.00 4.~~18438~~67375% ~~1000~~966.~~00000000~~210779 14.~~97595724~~014069 0.~~00000000~~000000 ~~0.00000000~~ 1-M-2 11/25/05 - 12/26/05 20,293,000.00 4.~~21438~~70375% ~~1000~~966.~~00000000~~210779 14.~~99012369~~039834 0.~~00000000~~000000 ~~0.00000000~~ 1-M-3 11/25/05 - 12/26/05 59,375,000.00 4.~~31438~~80375% ~~1000~~966.~~00000000~~210779 24.~~03734619~~125720 0.~~00000000~~000000 ~~0.00000000~~ 1-M-4 11/25/05 - 12/26/05 54,865,000.00 4.~~37438~~86375% ~~1000~~966.~~00000000~~210779 24.~~06567939~~177251 0.~~00000000~~000000 ~~0.00000000~~ 1-M-5 11/25/05 - 12/26/05 25,554,000.00 4.~~41438~~90375% ~~1000~~966.~~00000000~~210779 24.~~08456837~~211606 0.~~00000000~~000000 ~~0.00000000~~ 2-M-1 11/25/05 - 12/26/05 24,133,000.00 4.~~22438~~71375% ~~1000~~993.~~00000000~~607118 14.~~99484606~~163214 0.~~00000000~~000000 ~~0.00000000~~ 2-M-2 11/25/05 - 12/26/05 21,940,000.00 4.~~45438~~94375% ~~1000~~993.~~00000000~~607118 24.~~10345716~~366351 0.~~00000000~~000000 ~~0.00000000~~ 1-B-1 11/25/05 - 12/26/05 29,312,000.00 5.~~05438~~54375% ~~1000~~966.~~00000000~~210779 24.~~38679039~~761272 0.~~00000000~~000000 ~~0.00000000~~ 1-B-2 11/25/05 - 12/26/05 15,031,000.00 5.~~25438~~74375% ~~1000~~966.~~00000000~~210779 24.~~48123478~~933043 0.~~00000000~~000000 ~~0.00000000~~ 2-B-1 11/25/05 - 12/26/05 17,552,000.00 5.~~40438~~89375% ~~1000~~993.~~00000000~~607118 25.~~55206814~~205397 0.~~00000000~~000000 ~~0.00000000~~ 2-B-2 11/25/05 - 12/26/05 13,164,000.00 56.~~95438~~44375% ~~1000~~993.~~00000000~~607117 25.~~81179049~~691161 0.~~00000000~~000000 ~~0.00000000 Owner~~ Trust ~~Cer~~CertifiN/A 4,935,367.85 0.00000% ~~1000~~2712.~~00000000~~365424 0.~~00000000~~000000 0.~~00000000 0.00000000 (5) All classes are per $1,000 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 13.~~86734611~~818148 0.~~00000000~~000000 ~~990~~945.~~62338634~~383699 1-A-2 0.~~00000000~~000000 0.~~00000000~~000000 13.~~81540165~~723634 0.~~00000000~~000000 ~~990~~945.~~62338635~~383699 2-A-1 0.~~00000000~~000000 0.~~00000000~~000000 14.~~90984615~~004237 0.~~00000000~~000000 ~~996~~992.~~79531732~~294516 2-A-2 0.~~00000000~~000000 0.~~00000000~~000000 14.~~93817950~~057229 0.~~00000000~~000000 ~~996~~992.~~79531743~~294516 1-M-1 0.~~00000000~~000000 0.~~00000000~~000000 14.~~97595724~~014069 0.~~00000000~~000000 ~~990~~944.~~62338634~~983636 1-M-2 0.~~00000000~~000000 0.~~00000000~~000000 14.~~99012369~~039834 0.~~00000000~~000000 ~~990~~944.~~62338639~~983636 1-M-3 0.~~00000000~~000000 0.~~00000000~~000000 24.~~03734619~~125720 0.~~00000000~~000000 ~~990~~944.~~62338627~~983636 1-M-4 0.~~00000000~~000000 0.~~00000000~~000000 24.~~06567939~~177251 0.~~00000000~~000000 ~~990~~944.~~62338631~~983636 1-M-5 0.~~00000000~~000000 0.~~00000000~~000000 24.~~08456837~~211606 0.~~00000000~~000000 ~~990~~944.~~62338616~~983636 2-M-1 0.~~00000000~~000000 0.~~00000000~~000000 14.~~99484606~~163214 0.~~00000000~~000000 ~~996~~992.~~79531720~~294516 2-M-2 0.~~00000000~~000000 0.~~00000000~~000000 24.~~10345716~~366351 0.~~00000000~~000000 ~~996~~992.~~79531723~~294516 1-B-1 0.~~00000000~~000000 0.~~00000000~~000000 24.~~38679039~~761272 0.~~00000000~~000000 ~~990~~944.~~62338633~~983636 1-B-2 0.~~00000000~~000000 0.~~00000000~~000000 24.~~48123478~~933043 0.~~00000000~~000000 ~~990~~944.~~62338633~~983636 2-B-1 0.~~00000000~~000000 0.~~00000000~~000000 24.~~55206814~~539159 0.~~00000000~~000000 ~~996~~992.~~79531734~~294516 2-B-2 0.~~00000000~~000000 0.~~00000000~~000000 24.~~81179049~~539159 0.~~00000000~~000000 ~~996~~992.~~79531753~~294516 ~~Owner~~ Trust ~~Cer~~Certifi 0.~~00000000~~000000 0.~~00000000~~000000 0319.~~00000000~~791648 0.~~00000000~~000000 ~~1945~~2734.~~23561197~~931770 (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~~$1,000 ~~Supplement for a Full Description.~~denomination

CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 1841,~~800~~233,~~927~~410.4943 ~~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) 0.00 Prepayment Penalties 0.00 Swap/Cap Payments 0.00 Total Deposits 1841,~~800~~233,~~927~~410.4943 Withdrawals ~~Reimbursement~~Swap ~~for~~Payments ~~Servicer~~0.00 ~~Advances~~Reserve Funds and Credit Enhancements 0.00 ~~Payment~~Total ofAdministration ~~Service~~Fees ~~Fee 713~~721,~~682~~530.6830 Payment of Interest and Principal 1840,~~087~~511,~~244~~880.8113 Total Withdrawals (Pool Distribution Amount) 1841,~~800~~233,~~927~~410.4943 Ending Balance 0.00

~~SERVICING~~ADMINISTRATION FEES Gross Servicing Fee* ~~471~~458,~~886~~627.6629 Ambac Assurance Corporation - Certificate Insurer Fee 4372,~~725~~952.2575 Master Servicing Fee 4341,~~063~~982.8593 Radian PMI Insurer Fee ~~150~~145,~~844~~588.0830 ~~Wells Fargo Bank, N.A. - Indenture Trustee Fee 1,722.55~~ Wilmington Trust Company - Owner Trustee Fee 2,~~440~~379.2903 Supported Prepayment/Curtailment Interest Shortfall 0.00 ~~Net~~Total ~~Servicing~~Administration ~~Fee~~Fees ~~713~~721,~~682~~530.6830 *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~~STATEMENT ~~STRATIFICATION/CREDIT~~Collateral ~~ENHANCEMENT~~Description ~~STATEMENT~~Fixed ~~DELINQUENT~~& ~~BANKRUPTCY~~Mixed ~~FORECLOSURE~~ARM ~~REO~~Weighted ~~Total~~Average NoGross ofCoupon ~~Loans~~6.242452% NoWeighted ofAverage ~~Loans~~Net NoCoupon of5.914728% ~~Loans~~Weighted NoAverage ofPass-Through ~~Loans~~Rate No5.778994% ofWeighted ~~Loans~~Average ~~Principal~~Remaining ~~Balance~~Term ~~Principal~~354 ~~Balance~~Beginning ~~Principal~~Scheduled ~~Balance~~Collateral ~~Principal~~Loan ~~Balance~~Count ~~Principal~~5,438 ~~Balance~~Number ~~0-29~~Of ~~Days~~Loans 3Paid 0In 0Full 3108 ~~802,383.90~~Ending ~~0.00~~Scheduled ~~0.00~~Collateral ~~802,383.90~~Loan 30Count ~~Days~~5,330 ~~164~~Beginning 4Scheduled 0Collateral 0Balance ~~168 46~~1,~~593~~679,~~606.03 297~~317,~~807~~351.6129 ~~0.00~~Ending ~~0.00~~Scheduled 46Collateral Balance 1,~~891~~647,~~413~~229,031.6489 60Ending ~~Days~~Actual 42Collateral 0Balance 0at 030-Nov-2005 ~~42 8~~1,~~538~~647,~~359~~229,031.9489 ~~0.00~~Monthly ~~0.00~~P&I ~~0.00~~Constant 89,~~538~~180,~~359~~519.9404 90Special ~~Days~~Servicing 0Fee 0 ~~0 0 0 0~~.00 ~~0.00~~Prepayment ~~0.00~~Penalty ~~0.00~~Waived ~~0.00~~Amount ~~120 Days~~ 0 ~~0 0 0 0 0~~.00 ~~0.00~~Prepayment ~~0.00~~Penalty ~~0.00~~Waived ~~0.00~~Count ~~150 Days~~ 0 0Prepayment 0Penalty 0Paid 0Amount 0.00 ~~0.00~~Prepayment ~~0.00~~Penalty ~~0.00~~Paid ~~0.00~~Count ~~180+ Days~~ 0 0Realized 0Loss 0Amount 0 0.00 ~~0.00~~Cumulative ~~0.00~~Realized ~~0.00~~Loss 0.00 ~~Totals~~Scheduled ~~206~~Principal ~~7 0 0 213 55~~444,~~131,965~~637.9737 ~~1,100,191.51~~Unscheduled ~~0.00~~Principal ~~0.00 56~~31,~~232~~643,~~157~~682.48 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 0.053996% 0.000000% 0.000000% 0.053996% 0.046856% 0.000000% 0.000000% 0.046856% 30 Days 2.951764% 0.071994% 0.000000% 0.000000% 3.023758% 2.720894% 0.017391% 0.000000% 0.000000% 2.738284% 60 Days 0.755940% 0.000000% 0.000000% 0.000000% 0.755940% 0.498609% 0.000000% 0.000000% 0.000000% 0.498609% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 3.707703% 0.125990% 0.000000% 0.000000% 3.833693% 3.219502% 0.064247% 0.000000% 0.000000% 3.283749%03

~~DELINQUENT~~Group ~~BANKRUPTCY~~Level ~~FORECLOSURE~~Collateral ~~REO~~Statement ~~Total~~Group Group 1(A) NoGroup of1(B) ~~Loans~~Group No2(A) ofCollateral ~~Loans~~Description NoMixed ofFixed ~~Loans~~Mixed NoARM of6 ~~Loans~~Month NoLIBOR ofARM ~~Loans~~Weighted ~~Principal~~Average ~~Balance~~Coupon ~~Principal~~Rate ~~Balance Principal Balance Principal Balance Principal Balance 0-29 Days 2 0 0 2 710,364~~6.30306476 06.00337959 05.00777901 ~~710,364.30~~Weighted 30Average ~~Days~~Net ~~146~~Rate ~~2 0 0 148 35,235,984~~5.14931476 ~~240,606~~6.11079870 05.00658401 ~~0.00~~Weighted ~~35,476,590.25~~Average 60Remaining ~~Days~~Term 37355 0345 0355 0Beginning 37Loan ~~7,997,303.44~~Count ~~0.00 0.00 0.00 7~~4,~~997,303.44~~487 90784 ~~Days~~151 0Loans 0Paid 0In 0Full 099 ~~0.00~~9 0~~.00~~ ~~0.00~~Ending ~~0.00~~Loan ~~0.00~~Count ~~120~~4,388 ~~Days~~775 0151 0Beginning 0Scheduled 0Balance ~~0 0~~1,259,801,346.0042 0200,557,297.0021 0195,263,075.0058 ~~0.00~~Ending ~~0.00~~Scheduled ~~150~~Balance ~~Days 0 0 0 0 0 0~~1,229,505,058.0048 0198,935,391.0067 0195,117,778.0091 ~~0.00~~Record ~~0.00~~Date ~~180+~~11/30/2005 ~~Days~~11/30/2005 011/30/2005 0Principal 0And 0Interest 0Constant ~~0.00 0.00 0.00 0.00 0.00 Totals 183 4 0 0 187 43~~6,~~233~~758,~~287~~239.5887 ~~950~~1,~~970~~195,365.4171 ~~0.00 0.00 44~~1,~~184~~086,~~257~~403.9996 ~~0-29~~Scheduled ~~Days~~Principal 0137,484.~~043545%~~02 0136,095.~~000000%~~78 0146,228.~~000000%~~32 ~~0.043545%~~Unscheduled ~~0.055037%~~Principal ~~0.000000% 0.000000% 0.055037%~~ 30 ~~Days 3~~,158,803.~~178750%~~92 01,485,809.~~043545%~~76 0.000000% 0.000000% 3.222295% 2.729974% 0.018641% 0.000000% 0.000000% 2.748616% 60 Days 0.805574% 0.000000% 0.000000% 0.000000% 0.805574% 0.619606% 0.000000% 0.000000% 0.000000% 0.619606% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 3.984324% 0.087089% 0.000000% 0.000000% 4.071413% 3.349580% 0.073678% 0.000000% 0.000000% 3.423259% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 1(B931.65) NoScheduled ofInterest ~~Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 1 0 0 1 92~~6,~~019.60 0.00 0.00 92~~620,~~019~~755.6085 ~~30 Days 13 2 0 0 15 2~~1,~~614~~059,~~348~~269.7593 57940,~~201~~175.5064 ~~0.00~~Servicing ~~0.00~~Fee 2393,~~671,550~~687.2593 ~~60 Days 5 0 0 0 5 541~~43,~~056~~134.5072 ~~0.00 0.00 0.00 541~~19,~~056~~444.5095 90Master ~~Days~~Servicing 0Fee 0 ~~0 0 0 0~~.00 0.00 0.00 ~~0.00~~Trustee ~~0.00~~Fee ~~120 Days~~ 0 ~~0 0 0 0 0~~.00 0.00 0.00 ~~0.00~~FRY ~~0.00~~Amount ~~150 Days~~ 0 ~~0 0 0 0 0~~.00 0.00 0.00 ~~0.00~~Special ~~0.00~~Hazard ~~180+~~Fee ~~Days~~ 0 ~~0 0 0 0 0~~.00 0.00 0.00 ~~0.00~~Other ~~0.00~~Fee ~~Totals 18 3 0 0 21 3~~175,~~155,405~~264.2593 ~~149~~8,~~221~~901.1017 0.00 0.00 3,304,626.35 0-29 Days 0.125628% 0.000000% 0.000000% 0.125628% 0.045450% 0.000000% 0.000000% 0.045450% 30 Days 1.633166% 0.251256% 0.000000% 0.000000% 1.884422% 1.291257% 0.028252% 0.000000% 0.000000% 1.319509% 60 Days 0.628141% 0.000000% 0.000000% 0.000000% 0.628141% 0.267234% 0.000000% 0.000000% 0.000000% 0.267234% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 2.261307% 0.376884% 0.000000% 0.000000% 2.638191% 1.558491% 0.073702% 0.000000% 0.000000% 1.632193% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 2(A) No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 5 ~~0 0 0 5 8~~,~~743,273~~158.1420 ~~0.00~~Pool ~~0.00~~Insurance ~~0.00~~Fee ~~8,743,273.14 60 Days~~ 0 ~~0 0 0 0 0~~.00 0.00 0.00 ~~0.00~~Spread ~~0.00~~1 ~~90 Days~~ 0 ~~0 0 0 0 0~~.00 0.00 0.00 ~~0.00~~Spread ~~0.00~~2 ~~120 Days~~ 0 ~~0 0 0 0 0~~.00 0.00 0.00 ~~0.00~~Spread ~~0.00~~3 ~~150 Days~~ 0 ~~0 0 0 0 0~~.00 0.00 0.00 ~~0.00~~Net ~~0.00~~Interest ~~180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 5 0 0 0 5 8~~6,~~743~~051,~~273~~802.1499 ~~0.00 0.00 0.00 8~~1,~~743~~007,~~273~~234.1404 ~~0-29 Days 0~~915,572.~~000000%~~49 ~~0.000000%~~Realized ~~0.000000%~~Loss ~~0.000000%~~Amount 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 3.311258% 0.000000% 0.000000% 0.000000% 3.311258% 4.471725% 0.000000% 0.000000% 0.000000% 4.471725% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 3.311258% 0.000000% 0.000000% 0.000000% 3.311258% 4.471725% 0.000000% 0.000000% 0.000000% 4.471725% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 2(B) 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~~Cumulative 30Realized ~~Days~~Loss 0 ~~0 0 0 0 0~~.00 0.00 0.00 ~~0.00~~Percentage ~~0.00~~of 60Cumulative ~~Days~~Losses 0 ~~0 0 0 0 0~~.000000 0.000000 0.000000 ~~0.00~~Prepayment ~~0.00~~Penalty 90Waived ~~Days~~Amount 0 ~~0 0 0 0 0~~.00 0.00 0.00 ~~0.00~~Prepayment ~~0.00~~Penalty ~~120~~Waived ~~Days~~Count 0 0 0 0Prepayment 0Penalty ~~0.00~~Paid ~~0.00~~Amount 0.00 0.00 0.00 ~~150~~Prepayment ~~Days~~Penalty 0Paid 0Count 0 0 0 ~~0.00~~Special ~~0.00~~Servicing ~~0.00~~Fee 0.00 0.00 ~~180+ Days~~ 0 ~~0 0 0 0 0~~.00 ~~0.00 0.00 0.00 0.00 Totals 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 0~~Pass-29Through ~~Days~~Rate 05.~~000000%~~764531 06.~~000000%~~026611 05.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%626701

~~COLLATERAL~~Delinquency ~~STATEMENT~~Status ~~Collateral~~By ~~Description~~Group ~~Fixed~~DELINQUENT &BANKRUPTCY ~~Mixed~~FORECLOSURE ~~ARM~~REO ~~Weighted~~TOTAL ~~Average~~Group ~~Gross~~1(A) ~~Coupon~~No ~~6.230859%~~of ~~Weighted~~Loans ~~Average~~No ~~Net~~of ~~Coupon~~Loans ~~5.902123%~~No ~~Weighted~~of ~~Average~~Loans ~~Pass~~No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-~~Through~~29 ~~Rate~~Days 5 0 0 5 1,367,823.~~764139%~~89 ~~Weighted~~0.00 ~~Average~~0.00 ~~Maturity(Stepdown~~1,367,823.89 ~~Calculation)~~30 ~~358~~Days ~~Beginning~~80 ~~Scheduled~~2 ~~Collateral~~0 ~~Loan~~0 ~~Count~~82 518,~~588~~778,709.34 ~~Number~~651,320.07 Of0.00 ~~Loans~~0.00 ~~Paid~~19,430,029.41 In60 ~~Full~~Days 3227 ~~Ending~~0 ~~Scheduled~~11 ~~Collateral~~0 ~~Loan~~38 ~~Count~~6,811,443.61 50.00 2,~~556~~812,537.42 ~~Beginning~~0.00 ~~Scheduled~~9,623,981.03 ~~Collateral~~90 ~~Balance~~Days 5 1 14 0 20 959,~~722~~363.70 444,~~554~~000.00 3,~~367~~148,562.8551 ~~Ending~~0.00 ~~Scheduled~~4,551,926.21 ~~Collateral~~120 ~~Balance~~Days 1 0 6 0 7 108,~~712~~901.33 0.00 1,~~437~~018,~~629~~711.74 0.00 1,127,613.07 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 113 8 31 0 152 26,658,417.98 2,463,143.96 6,979,811.67 ~~Ending~~0.00 ~~Actual~~36,101,373.61 ~~Collateral~~0-29 Days 0.113947% 0.000000% 0.000000% 0.113947% 0.111250% 0.000000% 0.000000% 0.111250% 30 Days 1.823154% 0.045579% 0.000000% 0.000000% 1.868733% 1.527339% 0.052974% 0.000000% 0.000000% 1.580313% 60 Days 0.615314% 0.000000% 0.250684% 0.000000% 0.865998% 0.553999% 0.000000% 0.228754% 0.000000% 0.782752% 90 Days 0.113947% 0.022789% 0.319052% 0.000000% 0.455789% 0.078028% 0.036112% 0.256084% 0.000000% 0.370224% 120 Days 0.022789% 0.000000% 0.136737% 0.000000% 0.159526% 0.008857% 0.000000% 0.082855% 0.000000% 0.091713% 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 2.575205% 0.182315% 0.706472% 0.000000% 3.463993% 2.168224% 0.200336% 0.567693% 0.000000% 2.936253% DELINQUENT BANKRUPTCY FORECLOSURE REO TOTAL Group 1(B) No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance atPrincipal 31Balance Principal Balance Principal Balance Principal Balance 0-~~Aug-2005~~29 Days 3 0 0 3 148,475.20 0.00 0.00 148,475.20 30 Days 5 0 0 0 5 550,310.37 0.00 0.00 0.00 550,310.37 60 Days 4 0 1 0 5 764,~~712~~333.01 0.00 161,~~437~~146.16 0.00 925,~~629~~479.6717 ~~Monthly~~90 ~~P&I~~Days ~~Constant~~1 90 0 0 1 30,~~362~~341.57 0.00 0.00 0.00 30,~~657~~341.2457 ~~Special~~120 ~~Servicing~~Days ~~Fee~~0 0 1 0 1 0.00 ~~Prepayment~~0.00 ~~Penalties~~353,073.88 0.00 ~~Realized~~353,073.88 ~~Loss~~150 ~~Amount~~Days 0 0 0 0 0 0.00 ~~Cumulative~~0.00 ~~Realized~~0.00 ~~Loss~~0.00 0.00 ~~Scheduled~~180+ ~~Principal~~Days ~~418~~0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 10 3 2 0 15 1,~~496~~344,984.7795 ~~Unscheduled~~148,475.20 ~~Principal~~514,220.04 90.00 2,~~698~~007,~~241~~680.4119 0-29 Days 0.387097% 0.000000% 0.000000% 0.387097% 0.074635% 0.000000% 0.000000% 0.074635% 30 Days 0.645161% 0.000000% 0.000000% 0.000000% 0.645161% 0.276628% 0.000000% 0.000000% 0.000000% 0.276628% 60 Days 0.516129% 0.000000% 0.129032% 0.000000% 0.645161% 0.384212% 0.000000% 0.081004% 0.000000% 0.465216% 90 Days 0.129032% 0.000000% 0.000000% 0.000000% 0.129032% 0.015252% 0.000000% 0.000000% 0.000000% 0.015252% 120 Days 0.000000% 0.000000% 0.129032% 0.000000% 0.129032% 0.000000% 0.000000% 0.177482% 0.000000% 0.177482% 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 1.290323% 0.387097% 0.258065% 0.000000% 1.935484% 0.676091% 0.074635% 0.258486% 0.000000% 1.009212% DELINQUENT BANKRUPTCY FORECLOSURE REO TOTAL Group 2(A) No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% DELINQUENT BANKRUPTCY FORECLOSURE REO TOTAL Group 2(B) No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%

Miscellaneous Reporting Overcollateralization Target Group I 7,515,802.26 Overcollateralization Target Group II 8,227,271.84 Overcollateralization Increase Group I 4,107,134.16 Overcollateralization Increase Group II 557,951.30 Overcollateralization Release Group I 0.00 Overcollateralization Release Group II 0.00 Overcollateralization Amount Group I 4,107,586.21 Overcollateralization Amount Group II 5,492,867.10 Net Incoming SWAP Payment Group I 0.00 Net Incoming SWAP Payment Group II 0.00 Net Outgoing SWAP Payment Group I 185,214.18 Net Outgoing SWAP Payment Group II 64,368.13 Class 1-A-2 Derivative Contract fee 10,388.89

Group Level Collateral Statement Group Group 1(A) Group 1(B) Group 2(A) Collateral Description Mixed Fixed Mixed ARM 6 Month LIBOR ARM Weighted Average Coupon Rate 6.258328 6.344053 5.953126 Weighted Average Net Rate 5.883328 6.085408 5.833626 Weighted Average Maturity 356 356 358 Beginning Loan Count 4,620 801 151 Loans Paid In Full 27 5 0 Ending Loan Count 4,593 796 151 Beginning Scheduled Balance 1,300,000,931.98 203,159,520.07 195,632,168.07 Ending Scheduled Balance 1,290,707,557.90 202,465,477.71 195,523,486.42 Record Date 08/31/2005 08/31/2005 08/31/2005 Principal And Interest Constant 6,925,793.10 1,209,788.94 1,086,699.15 Scheduled Principal 145,933.23 135,743.38 116,180.07 Unscheduled Principal 9,147,440.85 558,298.98 (7,498.42) Scheduled Interest 6,779,859.87 1,074,045.56 970,519.08 Servicing Fees 406,250.30 43,788.39 19,481.70 Master Servicing Fees 0.00 0.00 0.00 Trustee Fee 1,300.00 203.16 195.63 FRY Amount 0.00 0.00 0.00 Special Hazard Fee 0.00 0.00 0.00 Other Fee 181,575.24 8,977.33 5,167.95 Pool Insurance Fee 0.00 0.00 0.00 Spread 1 0.00 0.00 0.00 Spread 2 0.00 0.00 0.00 Spread 3 0.00 0.00 0.00 Net Interest 6,190,734.33 1,021,076.68 945,673.80 Realized Loss Amount 0.00 0.00 0.00 Cumulative Realized Loss 0.00 0.00 0.00 Percentage of Cumulative Losses 0.0000 0.0000 0.0000 Prepayment Penalties 0.00 0.00 0.00 Special Servicing Fee 0.00 0.00 0.00 Pass-Through Rate 5.714520 6.031182 5.800726

Group Level Collateral Statement Group Group 2(B) Total Collateral Description 6 Month LIBOR ARM Fixed & Mixed ARM Weighted Average Coupon Rate 6.046826 6.230859 Weighted Average Net Rate 5.927326 5.902123 Weighted Average Maturity 358 358 Beginning Loan Count 16 5,588 Loans Paid In Full 0 32 Ending Loan Count 16 5,556 Beginning Scheduled Balance 23,761,747.73 1,722,554,367.85 Ending scheduled Balance 23,741,107.64 1,712,437,629.67 Record Date 08/31/2005 08/31/2005 Principal And Interest Constant 140,376.05 9,362,657.24 Scheduled Principal 20,640.09 418,496.77 Unscheduled Principal 0.00 9,698,241.41 Scheduled Interest 119,735.96 8,944,160.47 Servicing Fees 2,366.27 471,886.66 Master Servicing Fees 0.00 0.00 Trustee Fee 23.76 1,722.55 FRY Amount 0.00 0.00 Special Hazard Fee 0.00 0.00 Other Fee 627.70 196,348.22 Pool Insurance Fee 0.00 0.00 Spread 1 0.00 0.00 Spread 2 0.00 0.00 Spread 3 0.00 0.00 Net Interest 116,718.23 8,274,203.04 Realized Loss Amount 0.00 0.00 Cumulative Realized Loss 0.00 0.00 Percentage of Cumulative Losses 0.0000 0.0000 Prepayment Penalties 0.00 0.00 Special Servicing Fee 0.00 0.00 Pass-Through Rate 5.894426 5.764139

Prepayment Detail - Prepayments during Current Period Summary Loans Paid In Full Repurchased Loans Original Current Original Current Principal Principal Principal Principal Group Count Balance Balance Count Balance Balance Group 1(A) 27 9,157,980.00 9,151,924.47 0 0.00 0.00 Group 1(B) 5 561,325.00 560,618.12 0 0.00 0.00 Group 2(A) 0 0.00 0.00 0 0.00 0.00 Group 2(B) 0 0.00 0.00 0 0.00 0.00 Total 32 9,719,305.00 9,712,542.59 0 0.00 0.00

Prepayment Detail - Prepayments during Current Period (continued) Summary Substitution Loans Liquidated Loans Curtailments Original Current Original Current Principal Principal Principal Principal Curtailment Group Count Balance Balance Count Balance Balance Amount Group 1(A) 0 0.00 0.00 0 0.00 0.00 (3,000.77) Group 1(B) 0 0.00 0.00 0 0.00 0.00 (2,188.36) Group 2(A) 0 0.00 0.00 0 0.00 0.00 (7,498.42) Group 2(B) 0 0.00 0.00 0 0.00 0.00 0.00 Total 0 0.00 0.00 0 0.00 0.00 (12,687.55)

Prepayment Loan Detail - Prepayments during Current Period First Original Loan LTV at Payment Principal Prepayment Group Number State Origination Date Balance Amount Group 1(A) 1103433692 CO 80.00 01-Mar-2005 196,000.00 196,000.00 Group 1(A) 1103433728 CO 80.00 01-Apr-2005 181,600.00 180,277.07 Group 1(A) 1103433752 RI 90.00 01-May-2005 285,750.00 284,278.98 Group 1(A) 1103433757 AL 90.00 01-May-2005 78,975.00 78,975.00 Group 1(A) 1103433797 CA 78.80 01-May-2005 358,500.00 356,697.62 Group 1(A) 1103433799 CT 90.00 01-May-2005 486,000.00 483,377.70 Group 1(A) 1103433905 MI 30.46 01-Jun-2005 67,000.00 66,724.75 Group 1(A) 1103437977 AZ 80.00 01-Jul-2005 129,600.00 129,600.00 Group 1(A) 1103438266 IL 80.00 01-Jul-2005 220,000.00 219,991.67 Group 1(A) 1103438322 AZ 80.00 01-May-2005 288,000.00 288,000.00 Group 1(A) 1103438381 AZ 80.00 01-Jul-2005 280,000.00 280,000.00 Group 1(A) 1103438532 CA 53.76 01-Jul-2005 404,850.00 404,850.00 Group 1(A) 1103443563 CA 77.27 01-Apr-2005 408,000.00 408,000.00 Group 1(A) 1103443733 CA 75.00 01-May-2005 487,500.00 487,463.83 Group 1(A) 1103443735 CA 80.00 01-May-2005 436,000.00 436,000.00 Group 1(A) 1103444339 FL 80.00 01-Aug-2005 556,000.00 556,000.00 Group 1(A) 1103446440 CA 80.00 01-Jul-2005 300,000.00 300,000.00 Group 1(A) 1103446530 TN 71.99 01-Aug-2005 62,555.00 62,555.00 Group 1(A) 1103448865 CA 80.00 01-Aug-2005 380,000.00 380,000.00 Group 1(A) 1103450618 CA 61.85 01-Jul-2005 1,500,000.00 1,500,000.00 Group 1(A) 1103452843 CA 75.00 01-Jun-2005 506,250.00 506,250.00 Group 1(A) 1103452854 AZ 90.00 01-Jul-2005 180,000.00 180,000.00 Group 1(A) 1103452936 AZ 80.00 01-Aug-2005 128,800.00 128,800.00 Group 1(A) 1103453103 CA 80.00 01-Aug-2005 229,600.00 229,600.00 Group 1(A) 1103455199 CA 75.00 01-Aug-2005 375,000.00 375,000.00 Group 1(A) 1103462111 CA 80.00 01-Sep-2005 412,000.00 412,000.00 Group 1(A) 1103462136 CA 80.00 01-Sep-2005 220,000.00 220,000.00 Group 1(B) 1103362553 IL 22.00 01-Oct-2004 10,000.00 9,964.53 Group 1(B) 1103374636 CA 25.00 01-Nov-2004 55,625.00 55,120.97 Group 1(B) 1103389627 ID 95.00 01-Apr-2005 104,500.00 104,500.00 Group 1(B) 1103436114 TX 79.55 01-Jul-2005 104,200.00 103,901.84 Group 1(B) 1103439249 VA 79.73 01-Jul-2005 287,000.00 287,000.00

Prepayment Loan Detail - Prepayments during Current Period (continued) Current Loan PIF Months Loan Original Group Number Type Delinquent Rate Term Seasoning Group 1(A) 1103433692 Loan Paid in Full (1) 5.750% 360 6 Group 1(A) 1103433728 Loan Paid in Full (1) 5.000% 360 5 Group 1(A) 1103433752 Loan Paid in Full (1) 5.875% 360 4 Group 1(A) 1103433757 Loan Paid in Full (1) 5.750% 360 4 Group 1(A) 1103433797 Loan Paid in Full (1) 6.000% 360 4 Group 1(A) 1103433799 Loan Paid in Full (1) 5.625% 360 4 Group 1(A) 1103433905 Loan Paid in Full (1) 5.875% 360 3 Group 1(A) 1103437977 Loan Paid in Full (1) 6.725% 360 2 Group 1(A) 1103438266 Loan Paid in Full (1) 7.125% 360 2 Group 1(A) 1103438322 Loan Paid in Full (1) 5.720% 360 4 Group 1(A) 1103438381 Loan Paid in Full (1) 7.725% 360 2 Group 1(A) 1103438532 Loan Paid in Full (1) 6.475% 360 2 Group 1(A) 1103443563 Loan Paid in Full (1) 5.250% 360 5 Group 1(A) 1103443733 Loan Paid in Full (1) 5.125% 360 4 Group 1(A) 1103443735 Loan Paid in Full (1) 5.250% 360 4 Group 1(A) 1103444339 Loan Paid in Full (1) 4.875% 360 1 Group 1(A) 1103446440 Loan Paid in Full (1) 6.250% 360 2 Group 1(A) 1103446530 Loan Paid in Full (1) 8.125% 360 1 Group 1(A) 1103448865 Loan Paid in Full (1) 6.500% 360 1 Group 1(A) 1103450618 Loan Paid in Full (1) 5.750% 360 2 Group 1(A) 1103452843 Loan Paid in Full (1) 7.100% 360 3 Group 1(A) 1103452854 Loan Paid in Full (1) 8.365% 360 2 Group 1(A) 1103452936 Loan Paid in Full (1) 6.615% 360 1 Group 1(A) 1103453103 Loan Paid in Full (1) 6.250% 360 1 Group 1(A) 1103455199 Loan Paid in Full (1) 5.750% 360 1 Group 1(A) 1103462111 Loan Paid in Full (2) 6.990% 360 0 Group 1(A) 1103462136 Loan Paid in Full (2) 6.000% 360 0 Group 1(B) 1103362553 Loan Paid in Full (1) 12.500% 180 11 Group 1(B) 1103374636 Loan Paid in Full (1) 10.125% 180 10 Group 1(B) 1103389627 Loan Paid in Full (1) 6.750% 360 5 Group 1(B) 1103436114 Loan Paid in Full (1) 6.250% 360 2 Group 1(B) 1103439249 Loan Paid in Full (1) 6.250% 360 2

Summary SMM CPR PSA Current Month 0.563% Current Month 6.552% Current Month 1,569.909% 3 Month Average 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CPR: Current vs 12mo Average* PSA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Oct-2004 N/A N/A Oct-2004 N/A N/A Nov-2004 N/A N/A Nov-2004 N/A N/A Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 N/A N/A May-2005 N/A N/A Jun-2005 N/A N/A Jun-2005 N/A N/A Jul-2005 N/A N/A Jul-2005 N/A N/A Aug-2005 N/A N/A Aug-2005 N/A N/A Sep-2005 6.552% N/A Sep-2005 1,569.909% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. Group 1(A) SMM CPR PSA Current Month 0.704% Current Month 8.125% Current Month 1,821.026% 3 Month Average 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CPR: Current vs 12mo Average* PSA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Oct-2004 N/A N/A Oct-2004 N/A N/A Nov-2004 N/A N/A Nov-2004 N/A N/A Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 N/A N/A May-2005 N/A N/A Jun-2005 N/A N/A Jun-2005 N/A N/A Jul-2005 N/A N/A Jul-2005 N/A N/A Aug-2005 N/A N/A Aug-2005 N/A N/A Sep-2005 8.125% N/A Sep-2005 1,821.026% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. Group 1(B) SMM CPR PSA Current Month 0.275% Current Month 3.250% Current Month 945.916% 3 Month Average 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CPR: Current vs 12mo Average* PSA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Oct-2004 N/A N/A Oct-2004 N/A N/A Nov-2004 N/A N/A Nov-2004 N/A N/A Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 N/A N/A May-2005 N/A N/A Jun-2005 N/A N/A Jun-2005 N/A N/A Jul-2005 N/A N/A Jul-2005 N/A N/A Aug-2005 N/A N/A Aug-2005 N/A N/A Sep-2005 3.250% N/A Sep-2005 945.916% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. Group 2(A) SMM CPR PSA Current Month (0.004)% Current Month (0.046)% Current Month (14.859)% 3 Month Average 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CPR: Current vs 12mo Average* PSA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Oct-2004 N/A N/A Oct-2004 N/A N/A Nov-2004 N/A N/A Nov-2004 N/A N/A Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 N/A N/A May-2005 N/A N/A Jun-2005 N/A N/A Jun-2005 N/A N/A Jul-2005 N/A N/A Jul-2005 N/A N/A Aug-2005 N/A N/A Aug-2005 N/A N/A Sep-2005 (0.046)% N/A Sep-2005 (14.859)% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. Group 2(B) SMM CPR PSA Current Month 0.000% Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CPR: Current vs 12mo Average* PSA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Oct-2004 N/A N/A Oct-2004 N/A N/A Nov-2004 N/A N/A Nov-2004 N/A N/A Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 N/A N/A May-2005 N/A N/A Jun-2005 N/A N/A Jun-2005 N/A N/A Jul-2005 N/A N/A Jul-2005 N/A N/A Aug-2005 N/A N/A Aug-2005 N/A N/A Sep-2005 0.000% N/A Sep-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: Single Month Mortality (SMM): (Partial and full prepayments + Repurchases) / (Beginning Scheduled Balance - Scheduled Principal) Conditional PrePayment Rate (CPR): 1 - ((1 - SMM)^12) PSA Standard Prepayment Model: 100 * CPR / (0.2 * MIN(30,WAS)) Weighted Average Seasoning (WAS): sum((Original Term - Remaining Term)*(Current Scheduled Balance/Deal Scheduled Principal Balance))

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

Prepayment - Voluntary Prepayments

Filing Compare · IMH Assets Corp., Collateralized Asset-Backed Bonds, Series 2005-6