8-K 1 abs05he5_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 ASSET BACKED SECURITIES CORP HOME EQUITY LOAN TRUST Asset Backed Pass-Through Certificates, Series 2005-HE5 (Exact name of registrant as specified in its charter) New York (governing law of 333-122372-04 Pooling and Servicing Agreement) (Commission 54-2176696 (State or other File Number) 54-2176697 jurisdiction 54-2176698 of Incorporation) 54-2176699 54-2176700 IRS EIN c/o Wells Fargo Bank, N.A. 9062 Old Annapolis Road Columbia, MD 21045 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (410) 884-2000 (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act(17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act(17 CFR 240.13e-4(c)) ITEM 8.01 Other Events On December 27, 2005 a distribution was made to holders of ASSET BACKED SECURITIES CORP HOME EQUITY LOAN TRUST, Asset Backed Pass-Through Certificates , Series 2005-HE5 Trust. ITEM 9.01 Financial Statements and Exhibits (c) Exhibits Exhibit Number Description EX-99.1 Monthly report distributed to holders of Asset Backed Pass-Through Certificates, Series 2005-HE5 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. ASSET BACKED SECURITIES CORP HOME EQUITY LOAN TRUST Asset Backed Pass-Through Certificates, Series 2005-HE5 Trust (Registrant) By: Wells Fargo Bank, N.A. as Trustee By: /s/ Beth Belfield as Officer By: Beth Belfield as Officer Date: 12/31/2005 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Asset Backed Pass-Through Certificates, Series 2005-HE5 Trust, relating to the December 27, 2005 distribution. EX-99.1 Asset Backed Securities Corp Home Equity Loan Trust Asset Backed Pass-Through Certificates Record Date: 11/30/2005 Distribution Date: 12/27/2005 Asset Backed Securities Corp Home Equity Loan Trust Asset Backed Pass-Through Certificates Series 2005-HE5 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

Asset Backed Securities Corp Home Equity Loan Trust Asset Backed Pass-Through Certificates Record Date: 8/31/2005 Distribution Date: 9/26/2005 Asset Backed Securities Corp Home Equity Loan Trust Asset Backed Pass-Through Certificates Series 2005-HE5 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~~ R 04541GSX1 ~~SEN~~ 0.00000% 0.00 0.00 A1 04541GSD5 ~~SEN 3~~4.~~80125~~35375% ~~397~~352,~~268~~681,~~968~~989.0997 1,~~342~~364,~~327~~879.7030 A1A 04541GSE3 ~~SEN 3~~4.~~91125~~46375% 4439,~~137~~184,~~827~~074.0004 ~~153~~155,~~452~~473.5170 A2 04541GSF0 ~~SEN 3~~4.~~89125~~44375% ~~291~~261,~~703~~349,~~190~~116.5207 1,~~008~~032,~~968~~329.9201 A2A 04541GSG8 ~~SEN 3~~4.~~91125~~46375% 7265,~~922~~334,~~919~~700.9376 ~~253~~259,~~528~~233.6857 M1 04541GSH6 ~~SEN~~ 4.~~07125~~62375% 38,796,000.00 ~~140~~159,~~398~~451.4156 M2 04541GSJ2 ~~SEN~~ 4.~~08125~~63375% 35,024,000.00 ~~127~~144,~~059~~259.2996 M3 04541GSK9 ~~SEN~~ 4.~~12125~~67375% 21,015,000.00 7687,~~984~~305.9565 M4 04541GSL7 ~~SEN~~ 4.~~24125~~79375% 19,398,000.00 7382,~~130~~657.4603 M5 04541GSM5 ~~SEN~~ 4.~~29125~~84375% 16,704,000.00 6371,~~716~~920.4800 M6 04541GSN3 ~~SEN~~ 4.~~34125~~89375% 17,782,000.00 6877,~~618~~351.7670 M7 04541GSP8 ~~SEN 4~~5.~~79125~~34375% 14,549,000.00 6169,~~962~~107.5775 M8 04541GSQ6 ~~SEN 4~~5.~~94125~~49375% 13,471,000.00 5965,~~167~~783.6338 M9 04541GSR4 ~~SEN~~ 5.~~34125~~89375% 10,777,000.00 5156,~~166~~459.8051 M10 04541GSS2 ~~SEN~~ 6.~~14125~~69375% 7,005,000.00 3841,~~239~~679.5275 M11 04541GST0 ~~SEN 6~~7.~~64125~~19375% 10,777,000.00 6368,~~620~~912.2293 M12 04541GSU7 ~~SEN 6~~7.~~64125~~19375% 11,851,000.00 6975,~~960~~780.4056 X 04541GSV5 ~~SUB~~ 0.00000% 16,165,000.80 1,~~944~~215,~~411~~054.3563 P 04541GSW3 ~~SUB~~ 0.00000% 100.00 ~~396~~531,~~040~~781.8341 Totals 1951,~~039~~863,~~347,006~~981.3464 5,~~992~~559,~~755~~421.4840

Certificateholder Distribution Summary (continued) Class Principal Current Ending ~~Cumulative~~Total ~~Principal~~Cummulative Distribution Realized Certificate ~~Total~~Distribution Realized ~~Class Distribution~~ Loss Balance ~~Distribution~~ Losses R 0.00 0.00 0.00 0.00 0.00 A1 1421,~~417~~700,~~963~~901.5937 0.00 ~~382~~330,~~851~~981,~~004~~088.4960 1523,~~760~~065,~~291~~780.2967 0.00 A1A 12,~~601~~411,~~880~~038.9313 0.00 4236,~~535~~773,~~946~~035.0791 12,~~755~~566,~~333~~511.4483 0.00 A2 913,~~623~~066,~~881~~460.0180 0.00 248,282,~~079,309~~655.5127 1014,~~632~~098,~~849~~789.9381 0.00 A2A 23,~~405~~266,~~875~~486.3130 0.00 7062,~~517~~068,~~044~~214.6247 23,~~659~~525,~~403~~719.9987 0.00 M1 0.00 0.00 38,796,000.00 ~~140~~159,~~398~~451.4156 0.00 M2 0.00 0.00 35,024,000.00 ~~127~~144,~~059~~259.2996 0.00 M3 0.00 0.00 21,015,000.00 7687,~~984~~305.9565 0.00 M4 0.00 0.00 19,398,000.00 7382,~~130~~657.4603 0.00 M5 0.00 0.00 16,704,000.00 6371,~~716~~920.4800 0.00 M6 0.00 0.00 17,782,000.00 6877,~~618~~351.7670 0.00 M7 0.00 0.00 14,549,000.00 6169,~~962~~107.5775 0.00 M8 0.00 0.00 13,471,000.00 5965,~~167~~783.6338 0.00 M9 0.00 0.00 10,777,000.00 5156,~~166~~459.8051 0.00 M10 0.00 0.00 7,005,000.00 3841,~~239~~679.5275 0.00 M11 0.00 0.00 10,777,000.00 6368,~~620~~912.2293 0.00 M12 0.00 0.00 11,851,000.00 6975,~~960~~780.4056 0.00 X 0.00 0.00 16,165,000.80 1,~~944~~215,~~411~~054.3563 0.00 P 0.00 0.00 100.00 ~~396~~531,~~040~~781.8341 0.00 Totals 2840,~~049~~444,~~600~~886.8460 0.00 1911,~~011~~419,~~297,405~~095.4905 3446,~~042~~004,~~356~~308.3200 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)~~ R 0.00 0.00 0.00 0.00 0.00 0.00 A1 417,810,000.00 ~~397~~352,~~268~~681,~~968~~989.0997 0.00 1421,~~417~~700,~~963~~901.5937 0.00 0.00 A1A 46,420,000.00 4439,~~137~~184,~~827~~074.0004 0.00 12,~~601~~411,~~880~~038.9313 0.00 0.00 A2 304,100,000.00 ~~291~~261,~~703~~349,~~190~~116.5207 0.00 913,~~623~~066,~~881~~460.0180 0.00 0.00 A2A 76,022,000.00 7265,~~922~~334,~~919~~700.9376 0.00 23,~~405~~266,~~875~~486.3130 0.00 0.00 M1 38,796,000.00 38,796,000.00 0.00 0.00 0.00 0.00 M2 35,024,000.00 35,024,000.00 0.00 0.00 0.00 0.00 M3 21,015,000.00 21,015,000.00 0.00 0.00 0.00 0.00 M4 19,398,000.00 19,398,000.00 0.00 0.00 0.00 0.00 M5 16,704,000.00 16,704,000.00 0.00 0.00 0.00 0.00 M6 17,782,000.00 17,782,000.00 0.00 0.00 0.00 0.00 M7 14,549,000.00 14,549,000.00 0.00 0.00 0.00 0.00 M8 13,471,000.00 13,471,000.00 0.00 0.00 0.00 0.00 M9 10,777,000.00 10,777,000.00 0.00 0.00 0.00 0.00 M10 7,005,000.00 7,005,000.00 0.00 0.00 0.00 0.00 M11 10,777,000.00 10,777,000.00 0.00 0.00 0.00 0.00 M12 11,851,000.00 11,851,000.00 0.00 0.00 0.00 0.00 X 16,165,619.69 16,165,000.80 0.00 0.00 0.00 0.00 P 100.00 100.00 0.00 0.00 0.00 0.00 Totals 1,077,666,719.69 1951,~~039~~863,~~347,006~~981.3464 0.00 2840,~~049~~444,~~600~~886.8460 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 R 0.00 0.00 0.~~00000000~~000000 0.00 A1 1421,~~417~~700,~~963~~901.5937 ~~382~~330,~~851~~981,~~004~~088.4960 0.~~91632801~~792181 1421,~~417~~700,~~963~~901.5937 A1A 12,~~601~~411,~~880~~038.9313 4236,~~535~~773,~~946~~035.0791 0.~~91632801~~792181 12,~~601~~411,~~880~~038.9313 A2 913,~~623~~066,~~881~~460.0180 248,282,~~079,309~~655.5127 0.~~92758734~~816451 913,~~623~~066,~~881~~460.0180 A2A 23,~~405~~266,~~875~~486.3130 7062,~~517~~068,~~044~~214.6247 0.~~92758734~~816451 23,~~405~~266,~~875~~486.3130 M1 0.00 38,796,000.00 1.~~00000000~~000000 0.00 M2 0.00 35,024,000.00 1.~~00000000~~000000 0.00 M3 0.00 21,015,000.00 1.~~00000000~~000000 0.00 M4 0.00 19,398,000.00 1.~~00000000~~000000 0.00 M5 0.00 16,704,000.00 1.~~00000000~~000000 0.00 M6 0.00 17,782,000.00 1.~~00000000~~000000 0.00 M7 0.00 14,549,000.00 1.~~00000000~~000000 0.00 M8 0.00 13,471,000.00 1.~~00000000~~000000 0.00 M9 0.00 10,777,000.00 1.~~00000000~~000000 0.00 M10 0.00 7,005,000.00 1.~~00000000~~000000 0.00 M11 0.00 10,777,000.00 1.~~00000000~~000000 0.00 M12 0.00 11,851,000.00 1.~~00000000~~000000 0.00 X 0.00 16,165,000.80 0.~~99996172~~999962 0.00 P 0.00 100.00 1.~~00000000~~000000 0.00 Totals 2840,~~049~~444,~~600~~886.8460 1911,~~011~~419,~~297,405~~095.4905 0.~~93841388~~845734 2840,~~049~~444,~~600~~886.8460

Principal Distribution Factors Statement Class Original Beginning Scheduled ~~Unscheduled~~UnScheduled Accretion Face Certificate Principal Principal ~~Class (2)~~ Amount Balance Distribution Distribution ~~Accretion~~ R 0.00 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 A1 417,810,000.00 ~~950~~844.~~83642826~~120509 0.~~00000000~~000000 3451.~~50842151~~939641 0.~~00000000~~000000 A1A 46,420,000.00 ~~950~~844.~~83642826~~120509 0.~~00000000~~000000 3451.~~50842159~~939641 0.~~00000000~~000000 A2 304,100,000.00 ~~959~~859.~~23443117~~418336 0.~~00000000~~000000 3142.~~64709309~~967645 0.~~00000000~~000000 A2A 76,022,000.00 ~~959~~859.~~23443122~~418336 0.~~00000000~~000000 3142.~~64709308~~967645 0.~~00000000~~000000 M1 38,796,000.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 M2 35,024,000.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 M3 21,015,000.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 M4 19,398,000.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 M5 16,704,000.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 M6 17,782,000.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 M7 14,549,000.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 M8 13,471,000.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 M9 10,777,000.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 M10 7,005,000.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 M11 10,777,000.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 M12 11,851,000.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 X 16,165,619.69 999.~~96171566~~961716 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 P 100.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~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 R 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 A1 0.~~00000000~~000000 3451.~~50842151~~939641 ~~916~~792.~~32800673~~180868 0.~~91632801~~792181 3451.~~50842151~~939641 A1A 0.~~00000000~~000000 3451.~~50842159~~939641 ~~916~~792.~~32800668~~180868 0.~~91632801~~792181 3451.~~50842159~~939641 A2 0.~~00000000~~000000 3142.~~64709309~~967645 ~~927~~816.~~58733808~~450691 0.~~92758734~~816451 3142.~~64709309~~967645 A2A 0.~~00000000~~000000 3142.~~64709308~~967645 ~~927~~816.~~58733814~~450692 0.~~92758734~~816451 3142.~~64709308~~967645 M1 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 M2 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 M3 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 M4 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 M5 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 M6 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 M7 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 M8 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 M9 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 M10 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 M11 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 M12 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 X 0.~~00000000~~000000 0.~~00000000~~000000 999.~~96171566~~961716 0.~~99996172~~999962 0.~~00000000~~000000 P 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000 (3) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.~~000000

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~~ R ~~0.00~~N/A N/A 0.00000% 0.00 0.00 0.00 ~~0.00~~ A1 ~~417,810,000.00~~11/25/05 3- 12/26/05 32 4.~~80125~~35375% ~~397~~352,~~268~~681,~~968~~989.0997 1,~~342~~364,~~327~~879.7030 0.00 ~~0.00~~ A1A ~~46,420,000.00~~11/25/05 3- 12/26/05 32 4.~~91125~~46375% 4439,~~137~~184,~~827~~074.0004 ~~153~~155,~~452~~473.5170 0.00 ~~0.00~~ A2 ~~304,100,000.00~~11/25/05 3- 12/26/05 32 4.~~89125~~44375% ~~291~~261,~~703~~349,~~190~~116.5207 1,~~008~~032,~~968~~329.9201 0.00 ~~0.00~~ A2A ~~76,022,000.00~~11/25/05 3- 12/26/05 32 4.~~91125~~46375% 7265,~~922~~334,~~919~~700.9376 ~~253~~259,~~528~~233.6857 0.00 ~~0.00~~ M1 ~~38,796,000.00~~11/25/05 - 12/26/05 32 4.~~07125~~62375% 38,796,000.00 ~~140~~159,~~398~~451.4156 0.00 ~~0.00~~ M2 ~~35,024,000.00~~11/25/05 - 12/26/05 32 4.~~08125~~63375% 35,024,000.00 ~~127~~144,~~059~~259.2996 0.00 ~~0.00~~ M3 ~~21,015,000.00~~11/25/05 - 12/26/05 32 4.~~12125~~67375% 21,015,000.00 7687,~~984~~305.9565 0.00 ~~0.00~~ M4 ~~19,398,000.00~~11/25/05 - 12/26/05 32 4.~~24125~~79375% 19,398,000.00 7382,~~130~~657.4603 0.00 ~~0.00~~ M5 ~~16,704,000.00~~11/25/05 - 12/26/05 32 4.~~29125~~84375% 16,704,000.00 6371,~~716~~920.~~48 0.~~00 0.00 M6 ~~17,782,000.00~~11/25/05 - 12/26/05 32 4.~~34125~~89375% 17,782,000.00 6877,~~618~~351.7670 0.00 ~~0.00~~ M7 ~~14,549,000.00~~11/25/05 4- 12/26/05 32 5.~~79125~~34375% 14,549,000.00 6169,~~962~~107.5775 0.00 ~~0.00~~ M8 ~~13,471,000.00~~11/25/05 4- 12/26/05 32 5.~~94125~~49375% 13,471,000.00 5965,~~167~~783.6338 0.00 ~~0.00~~ M9 ~~10,777,000.00~~11/25/05 - 12/26/05 32 5.~~34125~~89375% 10,777,000.00 5156,~~166~~459.8051 0.00 ~~0.00~~ M10 ~~7,005,000.00~~11/25/05 - 12/26/05 32 6.~~14125~~69375% 7,005,000.00 3841,~~239~~679.5275 0.00 ~~0.00~~ M11 ~~10,777,000.00~~11/25/05 6- 12/26/05 32 7.~~64125~~19375% 10,777,000.00 6368,~~620~~912.2293 0.00 ~~0.00~~ M12 11~~,851,000.00~~/25/05 6- 12/26/05 32 7.~~64125~~19375% 11,851,000.00 6975,~~960~~780.4056 0.00 ~~0.00~~ X ~~16,165,619.69~~N/A N/A 0.00000% 1951,~~039~~863,~~347,006~~981.3364 0.00 0.00 ~~0.00~~ P ~~100.00~~N/A N/A 0.00000% 100.00 0.00 0.00 ~~0.00~~ Totals ~~1,077,666,719.69~~ 3,~~652~~812,~~303~~585.3036 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 R 0.00 0.00 0.00 0.00 0.00 A1 0.00 0.00 1,~~342~~364,~~327~~879.7030 0.00 ~~382~~330,~~851~~981,~~004~~088.4960 A1A 0.00 0.00 ~~153~~155,~~452~~473.5170 0.00 4236,~~535~~773,~~946~~035.0791 A2 0.00 0.00 1,~~008~~032,~~968~~329.9201 0.00 248,282,~~079,309~~655.5127 A2A 0.00 0.00 ~~253~~259,~~528~~233.6857 0.00 7062,~~517~~068,~~044~~214.6247 M1 0.00 0.00 ~~140~~159,~~398~~451.4156 0.00 38,796,000.00 M2 0.00 0.00 ~~127~~144,~~059~~259.2996 0.00 35,024,000.00 M3 0.00 0.00 7687,~~984~~305.9565 0.00 21,015,000.00 M4 0.00 0.00 7382,~~130~~657.4603 0.00 19,398,000.00 M5 0.00 0.00 6371,~~716~~920.4800 0.00 16,704,000.00 M6 0.00 0.00 6877,~~618~~351.7670 0.00 17,782,000.00 M7 0.00 0.00 6169,~~962~~107.5775 0.00 14,549,000.00 M8 0.00 0.00 5965,~~167~~783.6338 0.00 13,471,000.00 M9 0.00 0.00 5156,~~166~~459.8051 0.00 10,777,000.00 M10 0.00 0.00 3841,~~239~~679.5275 0.00 7,005,000.00 M11 0.00 0.00 6368,~~620~~912.2293 0.00 10,777,000.00 M12 0.00 0.00 6975,~~960~~780.4056 0.00 11,851,000.00 X 0.00 0.00 1,~~944~~215,~~411~~054.3563 0.00 1911,~~011~~419,~~297,405~~095.4904 P 0.00 0.00 ~~396~~531,~~040~~781.8341 0.00 100.00 Totals 0.00 0.00 5,~~992~~559,~~755~~421.4840 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~~ R N/A 0.00 0.00000% 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 ~~0.00000000~~ A1 11/25/05 - 12/26/05 417,810,000.00 34.~~80125~~35375% ~~950~~844.~~83642826~~120509 3.~~21277064~~266746 0.~~00000000~~000000 ~~0.00000000~~ A1A 11/25/05 - 12/26/05 46,420,000.00 34.~~91125~~46375% ~~950~~844.~~83642826~~120509 3.~~30574128~~349283 0.~~00000000~~000000 ~~0.00000000~~ A2 11/25/05 - 12/26/05 304,100,000.00 34.~~89125~~44375% ~~959~~859.~~23443117~~418336 3.~~31788530~~394702 0.~~00000000~~000000 ~~0.00000000~~ A2A 11/25/05 - 12/26/05 76,022,000.00 34.~~91125~~46375% ~~959~~859.~~23443122~~418336 3.~~33493831~~409981 0.~~00000000~~000000 ~~0.00000000~~ M1 11/25/05 - 12/26/05 38,796,000.00 4.~~07125~~62375% 1000.~~00000000~~000000 34.~~61888880~~110000 0.~~00000000~~000000 ~~0.00000000~~ M2 11/25/05 - 12/26/05 35,024,000.00 4.~~08125~~63375% 1000.~~00000000~~000000 34.~~62777781~~118889 0.~~00000000~~000000 ~~0.00000000~~ M3 11/25/05 - 12/26/05 21,015,000.00 4.~~12125~~67375% 1000.~~00000000~~000000 34.~~66333333~~154444 0.~~00000000~~000000 ~~0.00000000~~ M4 11/25/05 - 12/26/05 19,398,000.00 4.~~24125~~79375% 1000.~~00000000~~000000 34.~~77000000~~261111 0.~~00000000~~000000 ~~0.00000000~~ M5 11/25/05 - 12/26/05 16,704,000.00 4.~~29125~~84375% 1000.~~00000000~~000000 34.~~81444444~~305556 0.~~00000000~~000000 ~~0.00000000~~ M6 11/25/05 - 12/26/05 17,782,000.00 4.~~34125~~89375% 1000.~~00000000~~000000 34.~~85888876~~350000 0.~~00000000~~000000 ~~0.00000000~~ M7 11/25/05 - 12/26/05 14,549,000.00 45.~~79125~~34375% 1000.~~00000000~~000000 4.~~25888858~~750000 0.~~00000000~~000000 ~~0.00000000~~ M8 11/25/05 - 12/26/05 13,471,000.00 45.~~94125~~49375% 1000.~~00000000~~000000 4.~~39222255~~883333 0.~~00000000~~000000 ~~0.00000000~~ M9 11/25/05 - 12/26/05 10,777,000.00 5.~~34125~~89375% 1000.~~00000000~~000000 45.~~74777767~~238889 0.~~00000000~~000000 ~~0.00000000~~ M10 11/25/05 - 12/26/05 7,005,000.00 6.~~14125~~69375% 1000.~~00000000~~000000 5.~~45888936~~950000 0.~~00000000~~000000 ~~0.00000000~~ M11 11/25/05 - 12/26/05 10,777,000.00 67.~~64125~~19375% 1000.~~00000000~~000000 56.~~90333302~~394445 0.~~00000000~~000000 ~~0.00000000~~ M12 11/25/05 - 12/26/05 11,851,000.00 67.~~64125~~19375% 1000.~~00000000~~000000 56.~~90333305~~394444 0.~~00000000~~000000 ~~0.00000000~~ X N/A 16,165,619.69 0.00000% ~~64293~~58881.~~66929700~~997714 0.~~00000000~~000000 0.~~00000000~~000000 ~~0.00000000~~ P N/A 100.00 0.00000% 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000 0.00000000 (5) Per $1 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 R 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 A1 0.~~00000000~~000000 0.~~00000000~~000000 3.~~21277064~~266746 0.~~00000000~~000000 ~~916~~792.~~32800673~~180868 A1A 0.~~00000000~~000000 0.~~00000000~~000000 3.~~30574128~~349283 0.~~00000000~~000000 ~~916~~792.~~32800668~~180868 A2 0.~~00000000~~000000 0.~~00000000~~000000 3.~~31788530~~394702 0.~~00000000~~000000 ~~927~~816.~~58733808~~450691 A2A 0.~~00000000~~000000 0.~~00000000~~000000 3.~~33493831~~409981 0.~~00000000~~000000 ~~927~~816.~~58733814~~450692 M1 0.~~00000000~~000000 0.~~00000000~~000000 34.~~61888880~~110000 0.~~00000000~~000000 1000.~~00000000~~000000 M2 0.~~00000000~~000000 0.~~00000000~~000000 34.~~62777781~~118889 0.~~00000000~~000000 1000.~~00000000~~000000 M3 0.~~00000000~~000000 0.~~00000000~~000000 34.~~66333333~~154444 0.~~00000000~~000000 1000.~~00000000~~000000 M4 0.~~00000000~~000000 0.~~00000000~~000000 34.~~77000000~~261111 0.~~00000000~~000000 1000.~~00000000~~000000 M5 0.~~00000000~~000000 0.~~00000000~~000000 34.~~81444444~~305556 0.~~00000000~~000000 1000.~~00000000~~000000 M6 0.~~00000000~~000000 0.~~00000000~~000000 34.~~85888876~~350000 0.~~00000000~~000000 1000.~~00000000~~000000 M7 0.~~00000000~~000000 0.~~00000000~~000000 4.~~25888858~~750000 0.~~00000000~~000000 1000.~~00000000~~000000 M8 0.~~00000000~~000000 0.~~00000000~~000000 4.~~39222255~~883333 0.~~00000000~~000000 1000.~~00000000~~000000 M9 0.~~00000000~~000000 0.~~00000000~~000000 45.~~74777767~~238889 0.~~00000000~~000000 1000.~~00000000~~000000 M10 0.~~00000000~~000000 0.~~00000000~~000000 5.~~45888936~~950000 0.~~00000000~~000000 1000.~~00000000~~000000 M11 0.~~00000000~~000000 0.~~00000000~~000000 56.~~90333302~~394445 0.~~00000000~~000000 1000.~~00000000~~000000 M12 0.~~00000000~~000000 0.~~00000000~~000000 56.~~90333305~~394444 0.~~00000000~~000000 1000.~~00000000~~000000 X 0.~~00000000~~000000 0.~~00000000~~000000 ~~120~~75.~~28065656~~162886 0.~~00000000~~000000 ~~62558~~56380.~~53007080~~090124 P 0.~~00000000~~000000 0.~~00000000~~000000 ~~3960408~~5317814.~~30000000~~100000 0.~~00000000~~000000 1000.~~00000000~~000000 (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~~Per ~~Refer~~$1 ~~to the Prospectus Supplement for a Full Description~~denomination.

CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 3445,~~050~~716,~~526~~402.9599 ~~Liquidations,~~Reserve ~~Insurance~~Funds ~~Proceeds,~~and ~~Reserve~~Credit ~~Funds~~Enhancements 0.00 Proceeds from Repurchased Loans 0.00 ~~Other Amounts (~~Servicer Advances) ~~207~~593,~~317~~313.1855 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0(85,572.0015) Prepayment Penalties ~~396~~531,~~040~~781.8341 Swap/Cap Payments 0.00 Total Deposits 3446,~~653~~755,~~884~~925.9680 Withdrawals Swap Payments 0.00 Reserve Funds and Credit Enhancements 0.00 Reimbursement for Servicer Advances ~~151~~329,~~867~~794.6145 ~~Payment~~Total ofAdministration ~~Service~~Fees ~~Fee 459~~421,~~661~~823.0335 Payment of Interest and Principal 3446,~~042~~004,~~356~~308.3200 Total Withdrawals (Pool Distribution Amount) 3446,~~653~~755,~~884~~925.9680 Ending Balance 0.00

~~SERVICING~~ADMINISTRATION FEES Gross Servicing Fee* ~~433~~396,~~061~~609.2599 Loan Performance Advisor Fee 1211,~~991~~898.8430 Strip Amount 13,~~607~~315.9406 Supported Prepayment/Curtailment Interest Shortfall 0.00 ~~Net~~Total ~~Servicing~~Administration ~~Fee~~Fees ~~459~~421,~~661~~823.0335 *Servicer Payees include: COUNTRYWIDE HOME LOANS INC.

~~OTHER~~Reserve ~~ACCOUNTS~~Accounts Account Name Beginning Current Withdrawals Current Deposits Ending ~~Account Type~~ Balance ~~Withdrawals Deposits~~ Balance Reserve Fund 1,000.00 0.00 0.00 1,000.00 Reserve Fund 1,000.00 0.00 0.00 1,000.00

~~LOAN~~COLLATERAL ~~STATUS STRATIFICATION/CREDIT ENHANCEMENT~~ STATEMENT ~~DELINQUENT~~Collateral ~~BANKRUPTCY~~Description ~~FORECLOSURE~~Fixed ~~REO~~Mixed ~~Total~~& NoARM of& ~~Loans~~Balloon NoWeighted ofAverage ~~Loans~~Gross NoCoupon of7.009550% ~~Loans~~Weighted NoAverage ofNet ~~Loans~~Coupon No6.509550% ofWeighted ~~Loans~~Average ~~Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0~~Pass-29Through ~~Days~~Rate ~~0 0 0 0 0~~6.00509550% ~~0.00~~Weighted ~~0.00~~Average ~~0.00~~Remaining 30Term ~~Days~~334 86Beginning 0Scheduled 0Collateral 0Loan 86Count 145,~~879,096.01~~120 ~~0.00~~Number ~~0.00~~Of ~~0.00~~Loans ~~14,879,096.01~~Paid 60In ~~Days~~Full 39199 0Ending 0Scheduled 0Collateral 39Loan ~~9,489,106.71~~Count ~~0.00 0.00 0.00 9~~4,~~489,106.71~~921 90Beginning ~~Days~~Scheduled 24Collateral 0Balance ~~0 0 24 5~~951,~~232~~863,~~821~~981.0164 ~~0.00~~Ending ~~0.00~~Scheduled ~~0.00~~Collateral 5Balance 911,~~232~~419,~~821~~095.0104 ~~120~~Ending ~~Days~~Actual 4Collateral 0Balance 0at 030-Nov-2005 ~~4 982~~911,~~057.98 0.00 0.00 0.00 982~~419,~~057~~095.9804 ~~150~~Monthly ~~Days~~P&I 6Constant ~~0 0 0~~ 6 ~~850~~,~~179.52 0.00 0.00 0.00 850~~116,~~179~~687.5255 ~~180+~~Special ~~Days~~Servicing 0Fee 0 ~~0 0 0 0~~.00 ~~0.00~~Prepayment ~~0.00~~Penalty ~~0.00~~Waived Amount 0.00 ~~Totals~~Prepayment ~~159~~Penalty 0Waived 0Count 0 ~~159~~Prepayment ~~31,433,261.23~~Penalty ~~0.00~~Paid ~~0.00~~Amount ~~0.00 31~~531,~~433,261~~781.2341 NoPrepayment ofPenalty ~~Loans~~Paid NoCount ofNot ~~Loans~~Available NoRealized ofLoss ~~Loans~~Amount ~~No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0~~85,572.~~000000%~~15 ~~0.000000%~~Cumulative ~~0.000000%~~Realized ~~0.000000%~~Loss 0281,960.~~000000%~~55 ~~0.000000%~~Scheduled ~~0.000000%~~Principal 0556,572.~~000000%~~39 30Unscheduled ~~Days~~Principal 139,888,314.~~589649%~~21 ~~0.000000%~~Required ~~0.000000%~~Overcollateralized ~~0.000000%~~Amount ~~1.589649% 1.471288%~~ 0.~~000000%~~00 ~~0.000000%~~Overcollateralized ~~0.000000%~~Increase ~~1.471288%~~Amount ~~60 Days 0~~85,572.~~720887%~~15 ~~0.000000%~~Overcollateralized ~~0.000000%~~Reduction ~~0.000000%~~Amount 0.~~720887%~~00 ~~0.938310%~~Specified ~~0.000000%~~O/C ~~0.000000%~~Amount 016,165,000.~~000000%~~80 ~~0.938310%~~Overcollateralized 90Amount ~~Days 0~~16,165,000.~~443623%~~80 ~~0.000000%~~Overcollateralized ~~0.000000%~~Deficiency ~~0.000000%~~Amount 0.~~443623%~~00 ~~0.517436%~~Base ~~0.000000%~~Overcollateralization ~~0.000000%~~Amount 0.~~000000%~~00 ~~0.517436%~~Extra ~~120~~principal ~~Days~~distribution ~~0.073937%~~Amount 085,572.~~000000%~~15 ~~0.000000%~~Excess ~~0.000000%~~Cash ~~0.073937%~~Amount 01,317,157.097109% 0.000000% 0.000000% 0.000000% 0.097109% 150 Days 0.110906% 0.000000% 0.000000% 0.000000% 0.110906% 0.084068% 0.000000% 0.000000% 0.000000% 0.084068% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 2.939002% 0.000000% 0.000000% 0.000000% 2.939002% 3.108211% 0.000000% 0.000000% 0.000000% 3.108211%11

~~DELINQUENT~~Group ~~BANKRUPTCY~~Level ~~FORECLOSURE~~Collateral ~~REO~~Statement ~~Total~~Group Group 1 No- ofFixed ~~Loans~~Group No1 of- ~~Loans~~ARM NoGroup of2 ~~Loans~~- NoFixed ofCollateral ~~Loans~~Description NoMixed ofARM ~~Loans~~and ~~Principal~~Balloon ~~Balance~~Mixed ~~Principal~~ARM ~~Balance~~and ~~Principal~~Balloon ~~Balance~~Mixed ~~Principal~~ARM ~~Balance~~and ~~Principal~~Balloon ~~Balance~~Weighted ~~0-29~~Average ~~Days~~Coupon 0Rate ~~0 0 0 0~~9.00104049 06.00653208 07.00113115 ~~0.00~~Weighted 30Average ~~Days~~Net 30Rate ~~0 0 0 30 2,294,105~~8.33604049 06.00153208 06.00613115 ~~0.00~~Weighted ~~2,294,105.33~~Average 60Remaining ~~Days~~Term 15218 0353 0322 0Beginning 15Loan Count 1,~~564,927.26~~607 ~~0.00 0.00 0.00~~ 1,~~564,927.26~~308 90406 ~~Days~~Loans 6Paid 0In 0Full 055 671 ~~478,636.73~~7 ~~0.00~~Ending ~~0.00~~Loan ~~0.00~~Count ~~478~~1,~~636.73~~552 ~~120 Days~~ 1,237 0399 0Beginning 0Scheduled 1Balance 20118,~~944~~776,251.6285 ~~0.00 0.00 0.00 20~~401,~~944~~282,466.6204 ~~150 Days 2 0 0 0 2 145~~56,~~100~~839,364.0253 ~~0.00~~Ending ~~0.00~~Scheduled ~~0.00~~Balance ~~145~~114,~~100~~841,510.~~02 180+ Days 0 0 0 0 0 0.~~00 ~~0.00 0.00 0.00 0.00 Totals 54 0 0 0 54 4~~381,~~503~~070,~~713~~711.9660 ~~0.00 0.00 0.00 4~~55,~~503~~857,~~713~~639.9659 ~~0-29~~Record ~~Days~~Date ~~0.000000%~~11/30/2005 ~~0.000000%~~11/30/2005 ~~0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%~~ 11/30/2005 Days 1.765745% 0.000000% 0.000000% 0.000000% 1.765745% 1.823824% 0.000000% 0.000000% 0.000000% 1.823824% 60 Days 0.882872% 0.000000% 0.000000% 0.000000% 0.882872% 1.244124% 0.000000% 0.000000% 0.000000% 1.244124% 90 Days 0.353149% 0.000000% 0.000000% 0.000000% 0.353149% 0.380518% 0.000000% 0.000000% 0.000000% 0.380518% 120 Days 0.058858% 0.000000% 0.000000% 0.000000% 0.058858% 0.016651% 0.000000% 0.000000% 0.000000% 0.016651% 150 Days 0.117716% 0.000000% 0.000000% 0.000000% 0.117716% 0.115355% 0.000000% 0.000000% 0.000000% 0.115355% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 3.178340% 0.000000% 0.000000% 0.000000% 3.178340% 3.580473% 0.000000% 0.000000% 0.000000% 3.580473% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 2 No of Loans No of Loans No of Loans No of Loans No of Loans Principal ~~Balance~~And ~~Principal~~Interest ~~Balance~~Constant ~~Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0~~979,856.0005 ~~0.00 0.00 0.00 30 Days 27 0 0 0 27 7~~2,~~044~~403,~~522~~942.2949 0397,943.0014 ~~0.00~~Scheduled ~~0.00~~Principal 778,~~044,522~~735.2937 ~~60 Days 12 0 0 0 12 5~~179,~~099,922~~096.5305 ~~0.00 0.00 0.00 5~~61,~~099,922~~022.5336 90Unscheduled ~~Days~~Principal ~~12 0 0 0 12~~ 3,~~417~~856,~~822~~006.0848 ~~0.00 0.00 0.00 3~~20,~~417~~032,~~822~~658.0839 ~~120 Days 1 0 0 0 1 413~~920,~~096~~702.5258 ~~0.00~~Scheduled ~~0.00~~Interest ~~0.00 413~~901,~~096~~120.5268 ~~150 Days~~ 2 ~~0 0 0 2 439~~,~~450~~224,846.3144 0336,920.0078 ~~0.00~~Servicing ~~0.00~~Fee ~~439~~49,~~450~~490.3110 ~~180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 54 0 0 0 54 16~~167,~~414,813~~201.7303 ~~0.00 0.00 0.00 16~~23,~~414,813~~683.7307 ~~0-29~~Master ~~Days~~Servicing ~~0.000000%~~Fee 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.943844% 0.000000% 0.000000% 0.000000% 1.943844% 1.646388% 0.000000% 0.000000% 0.000000% 1.646388% 60 Days 0.863931% 0.000000% 0.000000% 0.000000% 0.863931% 1.191912% 0.000000% 0.000000% 0.000000% 1.191912% 90 Days 0.863931% 0.000000% 0.000000% 0.000000% 0.863931% 0.798786% 0.000000% 0.000000% 0.000000% 0.798786% 120 Days 0.071994% 0.000000% 0.000000% 0.000000% 0.071994% 0.096546% 0.000000% 0.000000% 0.000000% 0.096546% 150 Days 0.143988% 0.000000% 0.000000% 0.000000% 0.143988% 0.102705% 0.000000% 0.000000% 0.000000% 0.102705% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 3.887689% 0.000000% 0.000000% 0.000000% 3.887689% 3.836337% 0.000000% 0.000000% 0.000000% 3.836337% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 3 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~~Trustee 30Fee ~~Days 3~~ 0 ~~0 0 3 161,624~~.~~75 0.~~00 0.00 0.00 ~~161,624.75~~FRY 60Amount ~~Days 1~~ 0 ~~0 0 1 62,530~~.~~59 0.~~00 0.00 0.00 ~~62,530.59~~Special 90Hazard ~~Days~~Fee 1 0 ~~0 0 1 18,965~~.~~42 0.~~00 0.00 0.00 ~~18,965.42~~Other ~~120~~Fee ~~Days~~ 0 ~~0 0 0 0 0~~.00 0.00 0.00 ~~0.00~~Pool ~~0.00~~Insurance ~~150~~Fee ~~Days~~ 0 ~~0 0 0 0 0~~.00 0.00 0.00 ~~0.00~~Spread ~~0.00~~1 ~~180+ Days~~ 0 ~~0 0 0 0 0~~.00 0.00 0.00 ~~0.00~~Spread ~~0.00~~2 ~~Totals 5~~ 0 ~~0 0 5 243,120~~.~~76 0.~~00 0.00 0.00 ~~243,120.76~~Spread ~~0-29~~3 ~~Days~~ 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.715990% 0.000000% 0.000000% 0.000000% 0.715990% 0.275605% 0.000000% 0.000000% 0.000000% 0.275605% 60 Days 0.238663% 0.000000% 0.000000% 0.000000% 0.238663% 0.106628% 0.000000% 0.000000% 0.000000% 0.106628% 90 Days 0.238663% 0.000000% 0.000000% 0.000000% 0.238663% 0.032340% 0.000000% 0.000000% 0.000000% 0.032340% 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 1.193317% 0.000000% 0.000000% 0.000000% 1.193317% 0.414573% 0.000000% 0.000000% 0.000000% 0.414573% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 4 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~~Net 30Interest ~~Days 26 0 0 0 26 5~~851,~~378,843~~630.6458 ~~0.00 0.00 0.00 5,378,843.64 60 Days 11 0 0 0 11~~ 2,~~761~~057,~~726~~645.3341 ~~0.00 0.00 0.00 2~~313,~~761,726~~237.3371 90Realized ~~Days~~Loss 5Amount 0 ~~0 0 5 1,317,396~~.~~78 0.~~00 085,572.0015 0.00 ~~1,317,396.78~~Cumulative ~~120~~Realized ~~Days~~Loss ~~2 0 0 0 2 548~~196,~~016~~388.8440 ~~0.00 0.00 0.00 548~~85,~~016~~572.8415 ~~150 Days 2~~ 0 ~~0 0 2 265,629~~.~~19 0.~~00 ~~0.00~~Percentage ~~0.00~~of ~~265,629.19~~Cumulative ~~180+~~Losses ~~Days~~ 0 ~~0 0 0 0 0~~.001473 0.000186 0.000000 ~~0.00~~Prepayment ~~0.00~~Penalty ~~Totals~~Waived 46Amount 0 ~~0 0 46 10,271,612~~.~~78 0.~~00 0.00 0.00 ~~10,271,612.78~~Prepayment ~~0-29~~Penalty ~~Days~~Waived ~~0.000000%~~Count 0~~.000000%~~ 0~~.000000%~~ 0~~.000000%~~ ~~0.000000%~~Prepayment ~~0.000000%~~Penalty ~~0.000000%~~Paid ~~0.000000%~~Amount 30Not ~~Days~~Available ~~1.366264%~~Not ~~0.000000%~~Available ~~0.000000%~~Not ~~0.000000%~~Available ~~1.366264%~~Prepayment ~~1.348111%~~Penalty ~~0.000000%~~Paid ~~0.000000%~~Count ~~0.000000%~~Not ~~1.348111%~~Available 60Not ~~Days~~Available ~~0.578035%~~Not ~~0.000000%~~Available ~~0.000000%~~Special ~~0.000000%~~Servicing ~~0.578035%~~Fee 0.~~692178%~~00 0.~~000000%~~00 0.~~000000%~~00 ~~0.000000%~~Pass-Through ~~0.692178%~~Rate ~~90 Days 0~~8.~~262743%~~604049 06.~~000000%~~153208 06.000000% 0.000000% 0.262743% 0.330182% 0.000000% 0.000000% 0.000000% 0.330182% 120 Days 0.105097% 0.000000% 0.000000% 0.000000% 0.105097% 0.137351% 0.000000% 0.000000% 0.000000% 0.137351% 150 Days 0.105097% 0.000000% 0.000000% 0.000000% 0.105097% 0.066575% 0.000000% 0.000000% 0.000000% 0.066575% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 2.417236% 0.000000% 0.000000% 0.000000% 2.417236% 2.574397% 0.000000% 0.000000% 0.000000% 2.574397%613115

~~OTHER~~Group ~~INFORMATION~~Level ~~Current~~Collateral ~~Period~~Statement ~~Class~~Group AGroup ~~Insufficient~~2 ~~Funds~~- ARM Total Collateral Description Mixed ARM and Balloon Fixed Mixed & ARM & Balloon Weighted Average Coupon Rate 6.711738 7.009550 Weighted Average Net Rate 6.211738 6.509550 Weighted Average Remaining Term 353 334 Beginning Loan Count 1,799 5,120 Loans Paid In Full 66 199 Ending Loan Count 1,733 4,921 Beginning Scheduled Balance 374,965,899.22 951,863,981.64 Ending scheduled Balance 359,649,233.85 911,419,095.04 Record Date 11/30/2005 11/30/2005 Principal And Interest Constant 2,334,945.87 6,116,687.55 Scheduled Principal 237,718.61 556,572.39 Unscheduled Principal 15,078,946.76 39,888,314.21 Scheduled Interest 2,097,227.26 5,560,115.16 Servicing Fee 156,235.79 396,609.99 Master Servicing Fee 0.00 ~~Principal~~0.00 ~~Balance~~Trustee ofFee ~~Contaminated~~0.00 ~~Properties~~0.00 FRY Amount 0.00 ~~Periodic~~0.00 ~~Advance~~Special ~~207~~Hazard Fee 0.00 0.00 Other Fee 0.00 0.00 Pool Insurance Fee 0.00 0.00 Spread 1 0.00 0.00 Spread 2 0.00 0.00 Spread 3 0.00 0.00 Net Interest 1,~~317~~940,991.1847 5,163,505.17 Realized Loss Amount 0.00 85,572.15 Cumulative Realized Loss 0.00 281,960.55 Percentage of Cumulative Losses 0.0000 0.0262 Prepayment Penalty Waived Amount 0.00 0.00 Prepayment Penalty Waived Count 0 0 Prepayment Penalty Paid Amount Not Available 531781.41 Prepayment Penalty Paid Count Not Available Not Available Special Servicing Fee 0.00 0.00 Pass-Through Rate 6.211738 6.509550

~~Summary~~Additional 12Reporting ~~Month REO History* New REO Loans Month REO Percentage Loans in REO 0 Oct~~-04 ~~0.000%~~Deal ~~Original~~Level ~~Principal~~Miscellaneous ~~Balance~~Reporting ~~0.00~~Stepdown ~~Nov-04~~NO ~~0.000%~~Trigger ~~Current~~Event ~~Principal~~NO ~~Balance~~A1 ~~0.00~~PTR ~~Dec-04~~(excl ~~0.000%~~CAP) ~~Jan-05~~for ~~0.000%~~Next ~~Current~~Distribution ~~REO Total Feb-05 0~~4.~~000~~53875% ~~Loans~~A1A inPTR ~~REO~~(excl 0CAP) ~~Mar-05~~for ~~0.000%~~Next ~~Original~~Distribution ~~Principal Balance 0~~4.~~00 Apr-05 0.000~~64875% ~~Current~~A2 ~~Principal~~PTR ~~Balance~~(excl ~~0.00~~CAP) ~~May-05~~for ~~0.000%~~Next ~~Jun-05~~Distribution 04.~~000~~62875% ~~Jul-05~~A2A ~~0.000%~~PTR ~~Aug-05~~(excl ~~0.000%~~CAP) ~~Sep-05~~for ~~0.000%~~Next *TheDistribution ~~text reported in the above table is presented graphically on the monthly bond remittance report~~4. ~~The monthly bond remittance report can be viewed online at www.ctslink.com. 1 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 Oct-04 0.000~~64875% ~~Original~~M1 ~~Principal~~PTR ~~Balance~~(excl ~~0.00~~CAP) ~~Nov-04~~for ~~0.000%~~Next ~~Current~~Distribution ~~Principal Balance 0~~4.~~00 Dec-04 0.000~~80875% ~~Jan-05~~M10 ~~0.000%~~PTR ~~Current~~(excl ~~REO~~CAP) ~~Total~~for ~~Feb-05~~Next ~~0.000%~~Distribution ~~Loans in REO 0 Mar-05 0~~6.~~000~~87875% ~~Original~~M11 ~~Principal~~PTR ~~Balance~~(excl ~~0.00~~CAP) ~~Apr-05~~for ~~0.000%~~Next ~~Current~~Distribution ~~Principal Balance 0~~7.~~00 May-05 0.000~~37875% ~~Jun-05~~M12 ~~0.000%~~PTR ~~Jul-05~~(excl ~~0.000%~~CAP) ~~Aug-05~~for ~~0.000%~~Next ~~Sep-05~~Distribution 07.~~000~~37875% *TheM2 ~~text~~PTR ~~reported~~(excl inCAP) ~~the~~for ~~above~~Next ~~table~~Distribution ~~is presented graphically on the monthly bond remittance report~~4. ~~The monthly bond remittance report can be viewed online at www.ctslink.com. 2 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 Oct-04 0.000~~81875% ~~Original~~M3 ~~Principal~~PTR ~~Balance~~(excl ~~0.00~~CAP) ~~Nov-04~~for ~~0.000%~~Next ~~Current~~Distribution ~~Principal Balance 0~~4.~~00 Dec-04 0.000~~85875% ~~Jan-05~~M4 ~~0.000%~~PTR ~~Current~~(excl ~~REO~~CAP) ~~Total~~for ~~Feb-05~~Next ~~0.000%~~Distribution ~~Loans in REO 0 Mar-05 0~~4.~~000~~97875% ~~Original~~M5 ~~Principal~~PTR ~~Balance~~(excl ~~0.00~~CAP) ~~Apr-05~~for ~~0.000%~~Next ~~Current~~Distribution ~~Principal Balance 0~~5.~~00 May-05 0.000~~02875% ~~Jun-05~~M6 ~~0.000%~~PTR ~~Jul-05~~(excl ~~0.000%~~CAP) ~~Aug-05~~for ~~0.000%~~Next ~~Sep-05~~Distribution 05.~~000~~07875% *TheM7 ~~text~~PTR ~~reported~~(excl inCAP) ~~the~~for ~~above~~Next ~~table~~Distribution ~~is presented graphically on the monthly bond remittance report~~5. ~~The monthly bond remittance report can be viewed online at www.ctslink.com. 3 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 Oct-04 0.000~~52875% ~~Original~~M8 ~~Principal~~PTR ~~Balance~~(excl ~~0.00~~CAP) ~~Nov-04~~for ~~0.000%~~Next ~~Current~~Distribution ~~Principal Balance 0~~5.~~00 Dec-04 0.000~~67875% ~~Jan-05~~M9 ~~0.000%~~PTR ~~Current~~(excl ~~REO~~CAP) ~~Total~~for ~~Feb-05~~Next ~~0.000%~~Distribution ~~Loans in REO 0 Mar-05 0~~6.~~000~~07875% ~~Original~~Net ~~Principal~~Swap ~~Balance~~Payment ~~0.00~~to ~~Apr-05~~Trust 0.~~000% Current Principal Balance 0.~~00 ~~May-05~~Net ~~0.000%~~Swap ~~Jun-05~~Payment ~~0.000%~~to ~~Jul-05~~Counterparty 025,079.000% Aug-05 0.000% Sep-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. 4 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 Oct-04 0.000% Original Principal Balance 0.00 Nov-04 0.000% Current Principal Balance 0.00 Dec-04 0.000% Jan-05 0.000% Current REO Total Feb-05 0.000% Loans in REO 0 Mar-05 0.000% Original Principal Balance 0.00 Apr-05 0.000% Current Principal Balance 0.00 May-05 0.000% Jun-05 0.000% Jul-05 0.000% Aug-05 0.000% Sep-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.61

LOAN STATUS STRATIFICATION/CREDIT ENHANCEMENT STATEMENT DELINQUENT BANKRUPTCY FORECLOSURE REO ~~Loan~~TOTAL ~~Detail~~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 ~~All~~Days ~~Mortgage~~9 0 0 9 1,171,119.20 0.00 0.00 1,171,119.20 30 Days 111 5 0 0 116 18,163,137.70 584,028.71 0.00 0.00 18,747,166.41 60 Days 59 3 23 0 85 8,786,092.49 244,506.69 6,285,719.06 0.00 15,316,318.24 90 Days 23 1 14 1 39 2,609,210.01 22,745.85 3,654,929.35 99,449.39 6,386,334.60 120 Days 16 4 14 0 34 1,828,946.48 402,032.03 3,514,106.94 0.00 5,745,085.45 150 Days 14 4 10 1 29 1,926,960.10 1,145,867.60 4,074,919.20 317,858.24 7,465,605.14 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 223 26 61 2 312 33,314,346.78 3,570,300.08 17,529,674.55 417,307.63 54,831,629.04 No of Loans inNo ~~REO~~of ~~during~~Loans ~~Current~~No ~~Period~~of ~~Month~~Loans ~~Loan~~No ~~First~~of ~~Original~~Loans ~~Loan~~No ~~Entered~~of ~~Payment~~Loans ~~LTV~~Principal atBalance Principal ~~Group~~Balance ~~Number~~Principal ~~REO~~Balance ~~Date~~Principal ~~State~~Balance ~~Origination~~Principal Balance No0-29 ~~REO~~Days ~~loans~~0.182890% ~~this~~0.000000% ~~period~~0.000000% 0.182890% 0.128494% 0.000000% 0.000000% 0.128494% 30 Days 2.255639% 0.101605% 0.000000% 0.000000% 2.357244% 1.992841% 0.064079% 0.000000% 0.000000% 2.056921% 60 Days 1.198943% 0.060963% 0.467385% 0.000000% 1.727291% 0.964001% 0.026827% 0.689663% 0.000000% 1.680491% 90 Days 0.467385% 0.020321% 0.284495% 0.020321% 0.792522% 0.286280% 0.002496% 0.401015% 0.010911% 0.700702% 120 Days 0.325137% 0.081284% 0.284495% 0.000000% 0.690916% 0.200670% 0.044111% 0.385564% 0.000000% 0.630345% 150 Days 0.284495% 0.081284% 0.203211% 0.020321% 0.589311% 0.211424% 0.125723% 0.447096% 0.034875% 0.819119% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 4.531599% 0.528348% 1.239585% 0.040642% 6.340175% 3.655217% 0.391730% 1.923339% 0.045787% 6.016072%

~~REO~~OTHER ~~Loan~~INFORMATION ~~Detail - All Mortgage Loans in REO during~~ Current Period ~~(continued)~~Class ~~Current~~A ~~Paid~~Insufficient ~~Current~~Funds ~~Approximate~~0.00 ~~Loan~~ Principal ~~To Months Loan Delinquent Group Number~~ Balance ~~Date~~of ~~Delinquent~~Contaminated ~~Rate~~Properties ~~Interest~~0.00 NoPeriodic ~~REO~~Advance ~~loans this period~~593,313.55

~~Summary~~Delinquency 12Status ~~Month~~By ~~Foreclosure~~Group History*DELINQUENT ~~New~~BANKRUPTCY ~~Foreclosure~~FORECLOSURE REO TOTAL Group 1 - Fixed No of Loans ~~Month~~No ~~Foreclosure~~of ~~Percentage~~Loans No of Loans inNo ~~Foreclosure~~of 0Loans ~~Oct~~No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-0429 Days 2 0 0 2 90,999.~~000%~~70 ~~Original~~0.00 ~~Principal~~0.00 ~~Balance~~90,999.70 30 Days 34 2 0 0 36 2,146,450.13 91,090.95 0.00 ~~Nov-~~0.00 2,237,541.08 60 Days 23 0 1 0 24 1,621,472.87 0.00 123,656.05 0.00 1,745,128.92 90 Days 14 1 0 0 15 842,307.19 22,745.85 0.00 0.00 865,053.04 120 Days 9 3 0 0 12 745,499.~~000%~~14 ~~Current~~225,166.63 ~~Principal~~0.00 ~~Balance~~0.00 970,665.77 150 Days 11 1 0 0 12 972,026.43 95,649.45 0.00 ~~Dec~~0.00 1,067,675.88 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 91 9 1 0 101 6,327,755.76 525,652.58 123,656.05 0.00 6,977,064.39 0-0429 Days 0.~~000~~128866% ~~Jan-05~~0.000000% 0.~~000~~000000% ~~Current~~0.128866% ~~Foreclosure~~0.079239% ~~Total~~0.000000% ~~Feb-05~~0.000000% 0.~~000~~079239% ~~Loans~~30 inDays ~~Foreclosure~~2.190722% 0.128866% ~~Mar-05~~0.000000% 0.~~000~~000000% ~~Original~~2.319588% ~~Principal~~1.869054% ~~Balance~~0.079319% 0.00000000% ~~Apr-05~~0.000000% 1.948373% 60 Days 1.481959% 0.~~000~~000000% ~~Current~~0.064433% ~~Principal~~0.000000% ~~Balance~~1.546392% 1.411922% 0.00000000% ~~May-05~~0.107675% 0.~~000~~000000% ~~Jun-05~~1.519598% 90 Days 0.~~000~~902062% ~~Jul-05~~0.064433% 0.~~000~~000000% ~~Aug-05~~0.000000% 0.~~000~~966495% ~~Sep-05~~0.733452% 0.~~000~~019806% *The0.000000% ~~text~~0.000000% ~~reported~~0.753258% in120 ~~the~~Days ~~above~~0.579897% ~~table~~0.193299% is0.000000% ~~presented~~0.000000% ~~graphically~~0.773196% on0.649155% ~~the~~0.196067% ~~monthly~~0.000000% ~~bond~~0.000000% ~~remittance~~0.845222% ~~report~~150 Days 0.708763% ~~The~~0.064433% ~~monthly~~0.000000% ~~bond~~0.000000% ~~remittance~~0.773196% ~~report~~0.846407% ~~can~~0.083288% be0.000000% ~~viewed~~0.000000% ~~online~~0.929695% at180+ ~~www~~Days 0.~~ctslink~~000000% 0.~~com~~000000% 0.000000% 10.000000% 120.000000% ~~Month~~0.000000% ~~Foreclosure~~0.000000% History*0.000000% ~~New~~0.000000% ~~Foreclosure~~0.000000% ~~Loans~~Totals ~~Month~~5.863402% ~~Foreclosure~~0.579897% ~~Percentage~~0.064433% ~~Loans~~0.000000% in6.507732% ~~Foreclosure~~5.509990% 0.457720% ~~Oct-04~~0.107675% 0.~~000~~000000% ~~Original~~6.075385% DELINQUENT BANKRUPTCY FORECLOSURE REO TOTAL Group 1 - ARM 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 2 0 0 2 217,715.44 0.00 ~~Nov-04~~0.00 217,715.44 30 Days 39 1 0 0 40 9,350,352.~~000%~~52 ~~Current~~130,210.40 ~~Principal~~0.00 ~~Balance~~0.00 9,480,562.92 60 Days 19 3 10 0 32 3,941,785.94 244,506.69 3,620,734.08 0.00 ~~Dec-04~~7,807,026.71 90 Days 4 0 4 0 8 651,553.~~000%~~60 ~~Jan-05~~0.00 1,157,183.67 0.~~000%~~00 ~~Current~~1,808,737.27 ~~Foreclosure~~120 ~~Total~~Days ~~Feb-05~~6 0 5 0 11 884,770.~~000%~~85 ~~Loans~~0.00 in1,454,022.82 ~~Foreclosure~~0.00 2,338,793.67 150 Days 1 2 7 0 ~~Mar-05~~10 330,933.67 937,342.26 3,233,709.21 0.~~000%~~00 ~~Original~~4,501,985.14 ~~Principal~~180+ ~~Balance~~Days 0 0 0 0 0 0.00 ~~Apr-05~~0.00 0.~~000%~~00 ~~Current~~0.00 ~~Principal~~0.00 ~~Balance~~Totals 69 8 26 0 103 15,159,396.58 1,529,774.79 9,465,649.78 0.00 ~~May~~26,154,821.15 0-0529 Days 0.~~000~~161681% ~~Jun-05~~0.000000% 0.~~000~~000000% ~~Jul-05~~0.161681% 0.~~000~~057133% ~~Aug-05~~0.000000% 0.~~000~~000000% ~~Sep-05~~ 0.~~000~~057133% *The30 ~~text~~Days ~~reported~~3.152789% in0.080841% ~~the~~0.000000% ~~above~~0.000000% ~~table~~3.233630% is2.453705% ~~presented~~0.034170% ~~graphically~~0.000000% on0.000000% ~~the~~2.487875% ~~monthly~~60 ~~bond~~Days ~~remittance~~1.535974% ~~report~~0.242522% ~~The~~0.808407% ~~monthly~~0.000000% ~~bond~~2.586904% ~~remittance~~1.034398% ~~report~~0.064163% ~~can~~0.950148% be0.000000% ~~viewed~~2.048708% ~~online~~90 atDays ~~www~~0.~~ctslink~~323363% 0.~~com~~000000% 0.323363% 20.000000% 120.646726% ~~Month~~0.170980% ~~Foreclosure~~0.000000% History*0.303666% ~~New~~0.000000% ~~Foreclosure~~0.474646% ~~Loans~~120 ~~Month~~Days ~~Foreclosure~~0.485044% ~~Percentage~~0.000000% ~~Loans~~0.404204% in0.000000% ~~Foreclosure~~0.889248% 0.232180% ~~Oct-04~~0.000000% 0.~~000~~381562% ~~Original~~0.000000% ~~Principal~~0.613743% ~~Balance~~150 Days 0.00080841% ~~Nov-04~~0.161681% 0.~~000~~565885% ~~Current~~0.000000% ~~Principal~~0.808407% ~~Balance~~0.086843% 0.00245976% ~~Dec-04~~0.848585% 0.~~000~~000000% ~~Jan-05~~1.181404% 180+ Days 0.~~000~~000000% ~~Current~~0.000000% ~~Foreclosure~~0.000000% ~~Total~~0.000000% ~~Feb-05~~0.000000% 0.~~000~~000000% ~~Loans~~0.000000% in0.000000% ~~Foreclosure~~0.000000% 0.000000% ~~Mar-05~~Totals 5.578011% 0.~~000~~646726% ~~Original~~2.101859% ~~Principal~~0.000000% ~~Balance~~8.326597% 3.978106% 0.00401441% ~~Apr-05~~2.483962% 0.~~000~~000000% ~~Current~~6.863509% DELINQUENT BANKRUPTCY FORECLOSURE REO TOTAL Group 2 - Fixed 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 2 0 0 2 208,442.83 0.00 ~~May-05~~0.00 208,442.83 30 Days 6 0 0 0 6 747,951.~~000%~~67 ~~Jun-05~~0.00 0.~~000%~~00 ~~Jul-05~~0.00 747,951.67 60 Days 6 0 0 0 6 289,506.~~000%~~32 ~~Aug-05~~0.00 0.~~000%~~00 ~~Sep-05~~0.00 289,506.32 90 Days 0 0 2 1 3 0.~~000%~~00 *The0.00 ~~text~~507,324.58 ~~reported~~99,449.39 in606,773.97 ~~the~~120 ~~above~~Days ~~table~~0 is0 ~~presented~~0 ~~graphically~~0 on0 ~~the~~0.00 ~~monthly~~0.00 ~~bond~~0.00 ~~remittance~~0.00 ~~report~~0.00 ~~The~~150 ~~monthly~~Days ~~bond~~0 ~~remittance~~0 ~~report~~0 ~~can~~0 be0 ~~viewed~~0.00 ~~online~~0.00 at0.00 ~~www~~0.~~ctslink~~00 0.~~com~~00 180+ Days 0 0 0 0 0 0.00 30.00 120.00 ~~Month~~0.00 ~~Foreclosure~~0.00 History*Totals ~~New~~12 ~~Foreclosure~~2 ~~Loans~~2 ~~Month~~1 ~~Foreclosure~~17 ~~Percentage~~1,037,457.99 ~~Loans~~208,442.83 in507,324.58 ~~Foreclosure~~99,449.39 01,852,674.79 ~~Oct~~0-0429 Days 0.~~000~~501253% ~~Original~~0.000000% ~~Principal~~0.000000% ~~Balance~~0.501253% 0.00373168% ~~Nov-04~~0.000000% 0.~~000~~000000% ~~Current~~0.373168% ~~Principal~~30 ~~Balance~~Days 1.503759% 0.00000000% ~~Dec-04~~0.000000% 0.~~000~~000000% ~~Jan-05~~1.503759% 1.339032% 0.~~000~~000000% ~~Current~~0.000000% ~~Foreclosure~~0.000000% ~~Total~~1.339032% ~~Feb-05~~60 Days 1.503759% 0.~~000~~000000% ~~Loans~~0.000000% in0.000000% ~~Foreclosure~~1.503759% 0.518293% ~~Mar-05~~0.000000% 0.~~000~~000000% ~~Original~~0.000000% ~~Principal~~0.518293% ~~Balance~~90 Days 0.00000000% ~~Apr-05~~0.000000% 0.~~000~~501253% ~~Current~~0.250627% ~~Principal~~0.751880% ~~Balance~~0.000000% 0.00000000% ~~May-05~~0.908246% 0.~~000~~178041% ~~Jun-05~~1.086286% 120 Days 0.~~000~~000000% ~~Jul-05~~0.000000% 0.~~000~~000000% ~~Aug-05~~0.000000% 0.~~000~~000000% ~~Sep-05~~0.000000% 0.~~000~~000000% *The0.000000% ~~text~~0.000000% ~~reported~~0.000000% in150 ~~the~~Days ~~above~~0.000000% ~~table~~0.000000% is0.000000% ~~presented~~0.000000% ~~graphically~~0.000000% on0.000000% ~~the~~0.000000% ~~monthly~~0.000000% ~~bond~~0.000000% ~~remittance~~0.000000% ~~report~~180+ Days 0.000000% ~~The~~0.000000% ~~monthly~~0.000000% ~~bond~~0.000000% ~~remittance~~0.000000% ~~report~~0.000000% ~~can~~0.000000% be0.000000% ~~viewed~~0.000000% ~~online~~0.000000% atTotals ~~www~~3.~~ctslink~~007519% 0.~~com~~501253% 0.501253% 0.250627% 4.260652% 121.857325% ~~Month~~0.373168% ~~Foreclosure~~0.908246% History*0.178041% ~~New~~3.316780% ~~Foreclosure~~DELINQUENT BANKRUPTCY FORECLOSURE REO TOTAL Group 2 - ARM No of Loans ~~Month~~No ~~Foreclosure~~of ~~Percentage~~Loans No of Loans inNo ~~Foreclosure~~of 0Loans ~~Oct~~No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-0429 Days 3 0 0 3 653,961.~~000%~~23 ~~Original~~0.00 ~~Principal~~0.00 ~~Balance~~653,961.23 30 Days 32 2 0 0 34 5,918,383.38 362,727.36 0.00 ~~Nov-04~~0.00 6,281,110.74 60 Days 11 0 12 0 23 2,933,327.36 0.00 2,541,328.93 0.00 5,474,656.29 90 Days 5 0 8 0 13 1,115,349.22 0.00 1,990,421.10 0.00 3,105,770.32 120 Days 1 1 9 0 11 198,676.49 176,865.40 2,060,084.12 0.00 2,435,626.01 150 Days 2 1 3 1 7 624,000%.00 ~~Current~~112,875.89 ~~Principal~~841,209.99 ~~Balance~~317,858.24 1,895,944.12 180+ Days 0 0 0 0 0 0.00 ~~Dec~~0.00 0.00 0.00 0.00 Totals 51 7 32 1 91 10,789,736.45 1,306,429.88 7,433,044.14 317,858.24 19,847,068.71 0-0429 Days 0.~~000~~173110% ~~Jan-05~~0.000000% 0.~~000~~000000% ~~Current~~0.173110% ~~Foreclosure~~0.181833% ~~Total~~0.000000% ~~Feb-05~~0.000000% 0.~~000~~181833% ~~Loans~~30 inDays ~~Foreclosure~~1.846509% 0.115407% ~~Mar-05~~0.000000% 0.~~000~~000000% ~~Original~~1.961916% ~~Principal~~1.645599% ~~Balance~~0.100856% 0.00000000% ~~Apr-05~~0.000000% 1.746455% 60 Days 0.~~000~~634737% ~~Current~~0.000000% ~~Principal~~0.692441% ~~Balance~~0.000000% 1.327178% 0.00815608% ~~May-05~~0.000000% 0.~~000~~706613% ~~Jun-05~~0.000000% 1.522221% 90 Days 0.~~000~~288517% ~~Jul-05~~0.000000% 0.~~000~~461627% ~~Aug-05~~0.000000% 0.~~000~~750144% ~~Sep-05~~0.310121% 0.~~000~~000000% *The0.553434% ~~text~~0.000000% ~~reported~~0.863555% in120 ~~the~~Days ~~above~~0.057703% ~~table~~0.057703% is0.519331% ~~presented~~0.000000% ~~graphically~~0.634737% on0.055242% ~~the~~0.049177% ~~monthly~~0.572804% ~~bond~~0.000000% ~~remittance~~0.677223% ~~report~~150 Days 0.115407% ~~The~~0.057703% ~~monthly~~0.173110% ~~bond~~0.057703% ~~remittance~~0.403924% ~~report~~0.173502% ~~can~~0.031385% be0.233897% ~~viewed~~0.088380% ~~online~~0.527165% at180+ ~~www~~Days 0.~~ctslink~~000000% 0.~~com~~000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 2.942874% 0.403924% 1.846509% 0.057703% 5.251010% 3.000072% 0.363251% 2.066748% 0.088380% 5.518452%

REO Detail - All Mortgage Loans in REO during Current Period

~~Foreclosure~~Summary ~~Loan~~12 ~~Detail~~Month REO History* New REO Loans Month REO Percentage Loans in REO 1 Jan-05 ~~All~~0.000% ~~Mortgage~~Original Principal Balance 100,000.00 Feb-05 0.000% Current Principal Balance 99,449.39 Mar-05 0.000% Apr-05 0.000% Current REO Total May-05 0.000% Loans in ~~Foreclosure~~REO ~~during~~2 Jun-05 0.000% Original Principal Balance 420,000.00 Jul-05 0.000% Current ~~Period~~Principal Balance 417,307.63 Aug-05 0.000% Sep-05 0.000% Oct-05 0.000% Nov-05 0.207% Dec-05 0.046% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. Group 1 - Fixed 12 Month ~~Loan~~REO ~~First~~History* New REO Loans Month REO Percentage Loans in REO 0 Jan-05 0.000% Original ~~Loan~~Principal ~~Entered~~Balance ~~Payment~~0.00 ~~LTV~~Feb-05 0.000% Current Principal Balance 0.00 Mar-05 0.000% Apr-05 0.000% Current REO Total May-05 0.000% Loans in REO 0 Jun-05 0.000% Original Principal Balance 0.00 Jul-05 0.000% Current Principal Balance 0.00 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 1 - ARM 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 Jan-05 0.000% Original Principal Balance 0.00 Feb-05 0.000% Current Principal Balance 0.00 Mar-05 0.000% Apr-05 0.000% Current REO Total May-05 0.000% Loans in REO 0 Jun-05 0.000% Original Principal Balance 0.00 Jul-05 0.000% Current Principal Balance 0.00 Aug-05 0.000% Sep-05 0.000% Oct-05 0.000% Nov-05 0.331% 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 ~~Number~~2 FC- ~~Date~~Fixed ~~State~~12 ~~Origination~~Month REO History* New REO Loans Month REO Percentage Loans in REO 1 Jan-05 0.000% Original Principal Balance No100,000.00 ~~Foreclosure~~Feb-05 ~~loans~~0.000% ~~this~~Current ~~period~~Principal Balance 99,449.39 Mar-05 0.000% Apr-05 0.000% Current REO Total May-05 0.000% Loans in REO 1 Jun-05 0.000% Original Principal Balance 100,000.00 Jul-05 0.000% Current Principal Balance 99,449.39 Aug-05 0.000% Sep-05 0.000% Oct-05 0.000% Nov-05 0.000% Dec-05 0.178% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. Group 2 - ARM 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 Jan-05 0.000% Original Principal Balance 0.00 Feb-05 0.000% Current Principal Balance 0.00 Mar-05 0.000% Apr-05 0.000% Current REO Total May-05 0.000% Loans in REO 1 Jun-05 0.000% Original Principal Balance 320,000.00 Jul-05 0.000% Current Principal Balance 317,858.24 Aug-05 0.000% Sep-05 0.000% Oct-05 0.000% Nov-05 0.172% Dec-05 0.088% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com.

~~Foreclosure~~REO Loan Detail - All Mortgage Loans in ~~Foreclosure~~REO during Current Period ~~(continued)~~Month ~~Current~~Loan ~~Paid~~First ~~Current~~Original ~~Approximate~~ Loan ~~Principal~~Entered ToPayment ~~Months~~LTV ~~Loan~~at ~~Delinquent~~Principal Group Number ~~Balance~~REO Date ~~Delinquent~~State ~~Rate~~Origination ~~Interest~~Balance NoGroup ~~Foreclosure~~2 ~~loans~~- ~~this~~Fixed ~~period~~0011162985 Dec-2005 01-May-2005 GA 80.00 100,000.00 Group 2 - ARM 0011177263 Nov-2005 01-May-2005 TX 80.00 320,000.00

~~COLLATERAL~~REO ~~STATEMENT~~Loan ~~Collateral~~Detail ~~Description~~- ~~Fixed~~All ~~Mixed~~Mortgage &Loans ~~ARM~~in &REO ~~Balloon~~during ~~Weighted~~Current ~~Average~~Period ~~Gross Coupon 7.025134% Weighted Average Net Coupon 6.525134% Weighted Average Pass-Through Rate 6.525134% Weighted Average Maturity~~(~~Stepdown Calculation~~continued) ~~336~~Current ~~Beginning~~Paid ~~Scheduled~~Current ~~Collateral~~Approximate Loan ~~Count~~Principal ~~5,535~~To ~~Number~~Months OfLoan ~~Loans~~Delinquent ~~Paid~~Group InNumber ~~Full~~Balance ~~125~~Date ~~Ending~~Delinquent ~~Scheduled~~Rate ~~Collateral~~Interest ~~Loan~~Group ~~Count~~2 ~~5,410~~- ~~Beginning~~Fixed ~~Scheduled~~0011162985 ~~Collateral Balance 1~~99,~~039,347,006~~449.3339 ~~Ending Scheduled Collateral Balance 1,011,297,405.49 Ending Actual Collateral Balance at 31~~01-~~Aug~~Jul-2005 ~~1,011,297,405.49~~3 ~~Monthly P&I Constant 6,680,967~~7.01990% ~~Special Servicing Fee 0.00 Prepayment Penalties 396~~3,~~040~~110.8318 ~~Realized~~Group ~~Loss~~2 ~~Amount~~- ~~0.00~~ARM ~~Cumulative~~0011177263 ~~Realized Loss 0.00 Scheduled Principal 596~~317,~~340~~858.2224 ~~Unscheduled~~01-May-2005 ~~Principal~~5 ~~27,453,260~~7.~~62 Required Overcollateralization Amount 0.00 Overcollateralized Increase Amount 0.00 Overcollateralized reduction Amount 0.00 Specified O/C Amount 16,165,~~000~~.80~~% ~~Overcollateralized Amount 16~~12,~~165,000~~091.~~80 Overcollateralized Deficiency Amount 0.00 Base Overcollateralized Amount 0.00 Extra principal distribution Amount 0.00 Excess Cash Amount 1,960,683.16~~68

Foreclosure Detail - All Mortgage Loans in Foreclosure during Current Period

~~Miscellaneous~~Summary ~~Reporting~~12 ~~Stepdown~~Month NOForeclosure ~~Trigger~~History* ~~Event~~New NOForeclosure A1Loans ~~PTR~~Month ~~(excl~~Foreclosure ~~CAP)~~Percentage ~~for~~Loans ~~Next~~in ~~Distribution~~Foreclosure 328 Jan-05 0.~~99000~~000% ~~A1A~~Original ~~PTR~~Principal ~~(excl~~Balance ~~CAP)~~7,806,255.00 ~~for~~Feb-05 ~~Next~~0.000% ~~Distribution~~Current 4Principal Balance 7,771,208.~~10000~~54 Mar-05 0.000% A2Apr-05 ~~PTR~~0.000% ~~(excl~~Current ~~CAP)~~Foreclosure ~~for~~Total ~~Next~~May-05 ~~Distribution~~0.000% 4Loans in Foreclosure 61 Jun-05 0.~~08000~~000% ~~A2A~~Original ~~PTR~~Principal ~~(excl~~Balance ~~CAP)~~17,610,803.00 ~~for~~Jul-05 ~~Next~~0.000% ~~Distribution~~Current 4Principal Balance 17,529,674.~~10000~~55 Aug-05 0.000% M1Sep-05 ~~PTR~~0.000% ~~(excl~~Oct-05 ~~CAP)~~0.000% ~~for~~Nov-05 ~~Next~~1.686% ~~Distribution~~Dec-05 41.~~26000~~923% ~~M10~~*The ~~PTR~~text ~~(excl~~reported ~~CAP)~~in ~~for~~the ~~Next~~above ~~Distribution~~table 6is presented graphically on the monthly bond remittance report.~~33000~~ The monthly bond remittance report can be viewed online at www.ctslink.com. Group 1 - Fixed 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 1 Jan-05 0.000% ~~M11~~Original ~~PTR~~Principal ~~(excl~~Balance ~~CAP)~~124,355.00 ~~for~~Feb-05 ~~Next~~0.000% ~~Distribution~~Current 6Principal Balance 123,656.~~83000~~05 Mar-05 0.000% ~~M12~~Apr-05 ~~PTR~~0.000% ~~(excl~~Current ~~CAP)~~Foreclosure ~~for~~Total ~~Next~~May-05 ~~Distribution~~0.000% 6Loans in Foreclosure 1 Jun-05 0.~~83000~~000% M2Original ~~PTR~~Principal ~~(excl~~Balance ~~CAP)~~124,355.00 ~~for~~Jul-05 ~~Next~~0.000% ~~Distribution~~Current 4Principal Balance 123,656.~~27000~~05 Aug-05 0.000% M3Sep-05 ~~PTR~~0.000% ~~(excl~~Oct-05 ~~CAP)~~0.000% ~~for~~Nov-05 ~~Next~~0.115% ~~Distribution~~Dec-05 40.~~31000~~108% M4*The ~~PTR~~text ~~(excl~~reported ~~CAP)~~in ~~for~~the ~~Next~~above ~~Distribution~~table 4is presented graphically on the monthly bond remittance report.~~43000~~ The monthly bond remittance report can be viewed online at www.ctslink.com. Group 1 - ARM 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 11 Jan-05 0.000% M5Original ~~PTR~~Principal ~~(excl~~Balance ~~CAP)~~4,066,100.00 ~~for~~Feb-05 ~~Next~~0.000% ~~Distribution~~Current Principal Balance 4,053,504.~~48000~~86 Mar-05 0.000% M6Apr-05 ~~PTR~~0.000% ~~(excl~~Current ~~CAP)~~Foreclosure ~~for~~Total ~~Next~~May-05 ~~Distribution~~0.000% 4Loans in Foreclosure 26 Jun-05 0.~~53000~~000% M7Original ~~PTR~~Principal ~~(excl~~Balance ~~CAP)~~9,498,578.00 ~~for~~Jul-05 ~~Next~~0.000% ~~Distribution~~Current 4Principal Balance 9,465,649.~~98000~~78 Aug-05 0.000% M8Sep-05 ~~PTR~~0.000% ~~(excl~~Oct-05 ~~CAP)~~0.000% ~~for~~Nov-05 ~~Next~~2.041% ~~Distribution~~Dec-05 52.~~13000~~484% M9*The ~~PTR~~text ~~(excl~~reported ~~CAP)~~in ~~for~~the ~~Next~~above ~~Distribution~~table 5is presented graphically on the monthly bond remittance report.~~53000~~ The monthly bond remittance report can be viewed online at www.ctslink.com. Group 2 - Fixed 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 2 Jan-05 0.000% ~~Net~~Original ~~Swap~~Principal ~~Payment~~Balance to511,000.00 ~~Trust~~Feb-05 0.000% Current Principal Balance 507,324.58 Mar-05 0.000% Apr-05 0.000% Current Foreclosure Total May-05 0.000% Loans in Foreclosure 2 Jun-05 0.000% Original Principal Balance 511,000.00 ~~Net~~Jul-05 ~~Swap~~0.000% ~~Payment~~Current toPrincipal ~~Counterparty~~Balance 28507,~~250~~324.2458 Aug-05 0.000% Sep-05 0.000% Oct-05 0.000% Nov-05 0.175% Dec-05 0.908% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. Group 2 - ARM 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 14 Jan-05 0.000% Original Principal Balance 3,104,800.00 Feb-05 0.000% Current Principal Balance 3,086,723.05 Mar-05 0.000% Apr-05 0.000% Current Foreclosure Total May-05 0.000% Loans in Foreclosure 32 Jun-05 0.000% Original Principal Balance 7,476,870.00 Jul-05 0.000% Current Principal Balance 7,433,044.14 Aug-05 0.000% Sep-05 0.000% Oct-05 0.000% Nov-05 2.032% Dec-05 2.067% *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 ~~Level~~Number ~~Collateral~~FC ~~Statement~~Date State Origination Balance Group 1 2- 3Fixed ~~Collateral~~0011110267 ~~Description~~Dec-2005 ~~Mixed~~01-Apr-2005 ~~ARM~~VA ~~and~~95.00 ~~Balloon~~124,355.00 ~~Mixed~~Group 1 - ARM ~~and~~0011140800 ~~Balloon~~Dec-2005 ~~Mixed~~01-Apr-2005 ~~ARM~~MD ~~and~~75.00 ~~Balloon~~532,500.00 ~~Weighted~~Group ~~Average~~1 ~~Coupon~~- ~~Rate~~ARM ~~9.140069~~0011146608 6Dec-2005 01-Apr-2005 NY 80.~~667444~~00 7436,000.~~131607~~00 ~~Weighted~~Group ~~Average~~1 ~~Net~~- ~~Rate~~ARM ~~8.640069~~0011147050 6Nov-2005 01-May-2005 CO 80.~~167444~~00 6191,200.~~631607~~00 ~~Weighted~~Group ~~Average~~1 ~~Maturity~~- ~~218~~ARM ~~355~~0011148511 ~~323~~Nov-2005 ~~Beginning~~01-Apr-2005 ~~Loan~~CA ~~Count~~53.30 1160,~~731~~000.00 Group 1 - ARM 0011153300 Dec-2005 01-May-2005 CA 80.00 356,~~428~~000.00 ~~426~~Group ~~Loans~~1 ~~Paid~~- InARM ~~Full~~0011154578 32Dec-2005 3901-May-2005 7CA ~~Ending~~80.00 ~~Loan~~464,000.00 ~~Count~~Group 1 - ARM 0011155326 Nov-2005 01-May-2005 CA 74.00 570,~~699~~000.00 Group 1~~,389~~ ~~419~~- ~~Beginning~~ARM ~~Scheduled~~0011155870 ~~Balance~~Dec-2005 ~~128,835,382~~01-May-2005 TX 80.7500 ~~440~~520,~~847,218~~000.1100 59Group 1 - ARM 0011158032 Nov-2005 01-May-2005 CT 95.00 237,~~834,694~~500.8200 ~~Ending~~Group ~~Scheduled~~1 ~~Balance~~- ~~125~~ARM 0011160254 Nov-2005 01-May-2005 MA 80.00 143,~~785,445~~200.7900 ~~427~~Group 1 - ARM 0011160461 Nov-2005 01-May-2005 CA 85.00 552,~~877,310~~500.5500 58Group 1 - ARM 0011160601 Dec-2005 01-May-2005 NY 76.90 500,~~643,634~~000.00 Group 1 - ARM 0011161744 Nov-2005 01-May-2005 CA 78.50 ~~Record~~256,000.00 ~~Date~~Group ~~08/31/~~1 - ARM 0011163900 Nov-2005 ~~08/31/~~01-May-2005 ~~08/31/~~CA 80.00 376,000.00 Group 1 - ARM 0011164351 Nov-2005 ~~Principal~~01-May-2005 ~~And~~TX ~~Interest~~80.00 ~~Constant~~452,000.00 Group 1 - ARM 0011164971 Dec-2005 01-May-2005 CA 80.00 184,~~063,747~~000.1600 2Group 1 - ARM 0011165062 Nov-2005 01-May-2005 CT 86.90 565,~~644,501~~000.8900 ~~418~~Group 1 - ARM 0011165220 Dec-2005 01-May-2005 MD 71.50 121,~~041~~600.2000 ~~Scheduled~~Group ~~Principal~~1 82- ARM 0011166686 Nov-2005 01-May-2005 WA 80.00 600,~~443~~000.5400 ~~195~~Group 1 - ARM 0011169582 Nov-2005 01-May-2005 CA 80.00 520,~~065~~000.1800 62Group 1 - ARM 0011169700 Nov-2005 01-May-2005 CA 80.00 208,~~443~~000.2400 ~~Unscheduled~~Group ~~Principal~~1 2- ARM 0011170050 Nov-2005 01-May-2005 CA 80.00 494,~~967,493~~878.4200 12Group 1 - ARM 0011171410 Nov-2005 01-May-2005 OH 90.00 106,~~774,842~~200.3800 Group 1 - ARM 0011173017 Dec-2005 01-May-2005 NY 80.00 284,~~128,616~~000.00 Group 1 - ARM 0011174079 Dec-2005 01-May-2005 NV 80.00 ~~Scheduled~~500,000.00 ~~Interest~~Group ~~981~~1 - ARM 0011176383 Dec-2005 01-May-2005 CA 80.00 168,~~303~~000.6200 Group 2~~,449,436~~ - Fixed 0011158526 Dec-2005 01-May-2005 CA 50.7130 ~~355~~155,~~597~~000.9600 ~~Servicing~~Group ~~Fees~~2 ~~53,681~~- Fixed 0011169413 Dec-2005 01-May-2005 NJ 80.4100 ~~183~~356,~~686~~000.3400 24Group 2 - ARM 0011066875 Nov-2005 01-May-2005 WA 90.00 198,~~931~~000.1200 ~~Master~~Group ~~Servicing~~2 ~~Fees~~- 0ARM 0011120439 Dec-2005 01-Mar-2005 CA 80.00 0336,000.00 0Group 2 - ARM 0011136734 Dec-2005 01-Apr-2005 CA 80.00 ~~Trustee~~245,600.00 ~~Fee~~Group 02 - ARM 0011139713 Nov-2005 01-May-2005 GA 80.00 0120,000.00 0Group 2 - ARM 0011141331 Dec-2005 01-Apr-2005 TX 80.00 ~~FRY~~288,000.00 ~~Amount~~Group 02 - ARM 0011141714 Nov-2005 01-Apr-2005 CA 80.00 0248,000.00 0Group 2 - ARM 0011146133 Dec-2005 01-May-2005 MI 90.00 ~~Special~~306,000.00 ~~Hazard~~Group ~~Fee~~2 0- ARM 0011146533 Nov-2005 01-May-2005 PA 80.00 0296,000.00 0Group 2 - ARM 0011146573 Dec-2005 01-Apr-2005 IL 80.00 ~~Other~~207,200.00 ~~Fee~~Group 02 - ARM 0011146626 Dec-2005 01-May-2005 CA 80.00 0276,000.00 0Group 2 - ARM 0011150019 Nov-2005 01-May-2005 FL 80.00 ~~Pool~~224,000.00 ~~Insurance~~Group ~~Fee~~2 0- ARM 0011153367 Dec-2005 01-Apr-2005 NC 80.00 082,400.00 0Group 2 - ARM 0011153645 Dec-2005 01-Apr-2005 VA 80.00 ~~Spread~~308,000.00 1Group 02 - ARM 0011154987 Nov-2005 01-May-2005 CA 90.00 0306,000.00 0Group 2 - ARM 0011155856 Dec-2005 01-May-2005 IL 80.00 ~~Spread~~184,000.00 Group 2 0- ARM 0011157393 Dec-2005 01-May-2005 TX 80.00 093,600.00 0Group 2 - ARM 0011159425 Nov-2005 01-May-2005 TX 77.90 60,000.00 ~~Spread~~Group 32 0- ARM 0011159429 Dec-2005 01-May-2005 TX 80.00 0259,600.00 0Group 2 - ARM 0011159582 Nov-2005 01-May-2005 IL 80.00 ~~Net~~337,600.00 ~~Interest~~Group ~~927~~2 - ARM 0011160319 Dec-2005 01-May-2005 CA 80.00 176,~~622~~000.2100 Group 2~~,265,750~~ - ARM 0011160646 Nov-2005 01-May-2005 CA 80.3700 ~~330~~280,~~666~~000.8400 ~~Realized~~Group ~~Loss~~2 ~~Amount~~- 0ARM 0011161792 Nov-2005 01-May-2005 MD 80.00 0128,000.00 0Group 2 - ARM 0011162020 Nov-2005 01-May-2005 MD 80.00 ~~Cumulative~~252,000.00 ~~Realized~~Group ~~Loss~~2 0- ARM 0011162800 Nov-2005 01-May-2005 CA 95.00 0289,750.00 0Group 2 - ARM 0011164042 Dec-2005 01-May-2005 CO 80.00 ~~Percentage~~232,000.00 ofGroup ~~Cumulative~~2 ~~Losses~~- ~~0.0000~~ARM 00011164391 Nov-2005 01-May-2005 CA 80.~~0000~~00 0316,000.~~0000~~00 ~~Prepayment~~Group ~~Penalties~~2 0- ARM 0011165909 Dec-2005 01-May-2005 TX 80.00 0110,400.00 0Group 2 - ARM 0011166162 Nov-2005 01-May-2005 IL 80.00 ~~Special~~256,320.00 ~~Servicing~~Group ~~Fee~~2 0- ARM 0011172110 Nov-2005 01-May-2005 CA 80.00 0325,600.00 0Group 2 - ARM 0011172200 Nov-2005 01-May-2005 RI 80.00 ~~Pass~~164,000.00 Group 2 -~~Through~~ ~~Rate~~ARM 80011174101 Nov-2005 01-May-2005 CA 89.~~640069~~00 6284,800.~~167444~~00 6Group 2 - ARM 0011175052 Nov-2005 01-May-2005 NY 100.~~631607~~00 286,000.00

Foreclosure Loan Detail - All Mortgage Loans in Foreclosure during Current Period (continued) Current Paid Current Approximate Loan Principal To Months Loan Delinquent Group ~~Level~~Number ~~Collateral~~Balance ~~Statement~~Date Delinquent Rate Interest Group 1 - Fixed 0011110267 123,656.05 01-Aug-2005 2 8.490% 3,298.64 Group 1 - ARM 0011140800 527,856.84 01-Aug-2005 2 6.250% 10,142.36 Group 1 - ARM 0011146608 432,770.78 01-Jun-2005 4 ~~Total~~7.100% ~~Collateral~~14,323.43 ~~Description~~Group ~~Mixed~~1 - ARM ~~and~~0011147050 ~~Balloon~~189,575.97 ~~Fixed~~01-Jul-2005 ~~Mixed~~3 &5.750% 4,160.42 Group 1 - ARM &0011148511 ~~Balloon~~159,388.14 ~~Weighted~~01-Jun-2005 ~~Average~~4 ~~Coupon~~10.350% ~~Rate~~7,861.82 Group 1 - ARM 0011153300 355,716.32 01-Aug-2005 2 6.~~729493~~375% 76,967.~~025134~~48 ~~Weighted~~Group ~~Average~~1 ~~Net~~- ~~Rate~~ARM 0011154578 464,000.00 01-Aug-2005 2 6.~~229493~~525% 9,318.68 Group 1 - ARM 0011155326 570,000.01 01-Jul-2005 3 6.~~525134~~685% ~~Weighted~~14,689.40 ~~Average~~Group ~~Maturity~~1 ~~355~~- ~~336~~ARM ~~Beginning~~0011155870 ~~Loan~~520,000.00 ~~Count~~01-Aug-2005 2 6.990% 11,249.32 Group 1 - ARM 0011158032 236,~~950~~128.28 01-Jun-2005 4 7.750% 8,581.66 Group 1 - ARM 0011160254 143,200.00 01-Jul-2005 3 6.500% 3,580.00 Group 1 - ARM 0011160461 550,482.44 01-May-2005 5 9.990% 30,~~535~~528.39 ~~Loans~~Group ~~Paid~~1 In- ~~Full~~ARM 470011160601 ~~125~~500,000.00 ~~Ending~~01-Aug-2005 ~~Loan~~2 ~~Count~~5.990% 9,150.00 Group 1 - ARM 0011161744 254,~~903~~407.69 01-Jul-2005 3 7.375% 7,305.05 Group 1 - ARM 0011163900 376,000.00 01-May-2005 5 6.375% 12,~~410~~885.81 ~~Beginning~~Group ~~Scheduled~~1 ~~Balance~~- ~~409~~ARM 0011164351 449,~~829~~118.76 01-May-2005 5 7.250% 17,~~710~~739.6528 Group 1 - ARM 0011164971 182,~~039~~984.89 01-Aug-2005 2 7.990% 4,~~347~~576.56 Group 1 - ARM 0011165062 561,~~006~~485.3380 ~~Ending~~01-May-2005 ~~scheduled~~5 ~~Balance~~7.375% ~~398~~22,~~991~~586.56 Group 1 - ARM 0011165220 121,~~014~~600.00 01-Aug-2005 2 6.325% 2,361.04 Group 1 - ARM 0011166686 595,205.37 01-May-2005 5 6.075% 19,432.37 Group 1 - ARM 0011169582 520,~~011~~000.00 01-Jun-2005 4 6.150% 14,~~297~~689.98 Group 1 - ARM 0011169700 206,~~405~~538.4984 ~~Record~~01-May-2005 ~~Date~~5 ~~08/31/~~6.750% 7,555.98 Group 1 - ARM 0011170050 494,878.00 01-May-2005 ~~08/31/~~5 7.500% 20,207.53 Group 1 - ARM 0011171410 105,735.62 01-Jun-2005 ~~Principal~~4 ~~And~~9.125% ~~Interest~~4,568.72 ~~Constant~~Group 1 - ARM 0011173017 283,971.65 01-Aug-2005 2 5.990% 5,~~554~~196.68 Group 1 - ARM 0011174079 496,~~676~~604.7638 01-Aug-2005 2 6.925% 10,~~680~~658.66 Group 1 - ARM 0011176383 168,~~967~~000.00 01-Aug-2005 ~~Scheduled~~2 ~~Principal~~6.576% ~~256~~3,~~388~~402.56 Group 2 - Fixed 0011158526 153,911.11 01-Jul-2005 3 6.750% 4,018.87 Group 2 - Fixed 0011169413 353,413.47 01-Jul-2005 3 6.575% 8,970.62 Group 2 - ARM 0011066875 196,737.26 ~~596~~01-Jun-2005 4 7.250% 6,~~340~~658.2272 ~~Unscheduled~~Group ~~Principal~~2 10- ARM 0011120439 333,~~582~~280.07 01-Aug-2005 2 7.200% 7,~~308~~458.0277 27Group 2 - ARM 0011136734 243,~~453~~829.93 01-Aug-2005 2 7.500% 5,~~260~~701.6200 ~~Scheduled~~Group ~~Interest~~2 - ARM 0011139713 119,219.95 01-Aug-2005 2 7.150% 2,~~298~~648.18 Group 2 - ARM 0011141331 285,~~288~~684.5072 01-Aug-2005 2 6.676% 5,~~084~~894.76 Group 2 - ARM 0011141714 246,~~626~~070.7973 ~~Servicing~~01-Jul-2005 ~~Fees~~3 ~~170~~7.025% 6,~~762~~707.3823 ~~433~~Group 2 - ARM 0011146133 303,~~061~~947.2596 ~~Master~~01-Aug-2005 ~~Servicing~~2 ~~Fees~~6.990% 06,589.0048 0Group 2 - ARM 0011146533 294,370.0028 ~~Trustee~~01-Jun-2005 ~~Fee~~4 07.00990% 011,051.0018 ~~FRY~~Group ~~Amount~~2 ~~0.00~~- 0ARM 0011146573 205,169.0045 ~~Special~~01-Aug-2005 ~~Hazard~~2 ~~Fee~~7.760% 04,974.0060 0Group 2 - ARM 0011146626 274,786.0013 ~~Other~~01-Aug-2005 ~~Fee~~2 05.00990% 05,035.0017 ~~Pool~~Group ~~Insurance~~2 ~~Fee~~- 0ARM 0011150019 222,543.0096 001-May-2005 5 7.00150% ~~Spread~~8,660.37 Group 2 - ARM 0011153367 81,714.90 01-Aug-2005 2 6.500% 1,638.16 0Group 2 - ARM 0011153645 307,999.0078 001-Aug-2005 2 6.00835% ~~Spread~~6,503.96 Group 2 0- ARM 0011154987 304,315.0021 001-Jun-2005 4 7.00990% ~~Spread~~11,424.54 3Group 02 - ARM 0011155856 182,937.0028 001-Aug-2005 2 7.00750% ~~Net~~4,429.15 ~~Interest~~Group 2 - ARM 0011157393 93,~~127~~062.46 01-Aug-2005 2 8.125% 2,~~526~~369.1241 Group 2 - ARM 0011159425 59,621.33 01-Jun-2005 4 8.125% 2,278.55 Group 2 - ARM 0011159429 257,862.45 01-Jun-2005 4 7.000% 8,405.48 Group 2 - ARM 0011159582 335,726.34 01-May-2005 5 7.950% 14,~~651~~629.78 Group 2 - ARM 0011160319 174,~~565~~751.5462 ~~Realized~~01-Jun-2005 ~~Loss~~4 ~~Amount~~6.700% 05,434.0039 0Group 2 - ARM 0011160646 278,144.0009 ~~Cumulative~~01-Jul-2005 ~~Realized~~3 ~~Loss~~7.050% 07,610.0026 0Group 2 - ARM 0011161792 127,176.0005 ~~Percentage~~01-Jul-2005 of3 ~~Cumulative~~7.200% ~~Losses~~3,559.07 0Group 2 - ARM 0011162020 250,601.~~0000~~42 001-Jul-2005 3 7.~~0000~~950% ~~Prepayment~~7,795.60 ~~Penalties~~Group 02 - ARM 0011162800 287,991.0063 001-Jul-2005 3 7.00500% ~~Special~~8,419.24 ~~Servicing~~Group ~~Fee~~2 0- ARM 0011164042 232,000.00 001-Jun-2005 4 5.00500% ~~Pass~~5,799.96 Group 2 -~~Through~~ ~~Rate~~ARM 0011164391 313,648.43 01-Jul-2005 3 6.~~229493~~450% 7,797.98 Group 2 - ARM 0011165909 109,696.30 01-Aug-2005 2 7.250% 2,473.19 Group 2 - ARM 0011166162 256,248.98 01-Jun-2005 4 6.~~525134~~650% 7,879.67 Group 2 - ARM 0011172110 323,940.83 01-Jul-2005 3 8.375% 10,650.04 Group 2 - ARM 0011172200 162,847.92 01-Jul-2005 3 6.750% 4,252.21 Group 2 - ARM 0011174101 282,939.69 01-May-2005 5 7.125% 10,969.44 Group 2 - ARM 0011175052 284,176.99 01-Jun-2005 4 7.250% 9,618.20

Bankruptcy Detail - All Mortgage Loans in Bankruptcy during Current Period

~~Prepayment~~Summary ~~Detail~~12 -Month ~~Prepayments~~Bankruptcy ~~during~~History* ~~Current~~New ~~Period~~Bankruptcy ~~Summary~~Loans Month Bankruptcy Percentage Loans ~~Paid~~in InBankruptcy ~~Full~~1 ~~Repurchased~~Jan-05 ~~Loans~~0.000% Original ~~Current~~Principal ~~Original~~Balance 131,100.00 Feb-05 0.000% Current Principal ~~Principal~~Balance 130,210.40 Mar-05 0.000% Apr-05 0.000% Current Bankruptcy Total May-05 0.000% Loans in Bankruptcy 26 Jun-05 0.000% Original Principal Balance 3,593,935.00 Jul-05 0.000% Current Principal Balance 3,570,300.08 Aug-05 0.000% Sep-05 0.000% Oct-05 0.047% Nov-05 0.403% Dec-05 0.392% *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 ~~Count~~1 ~~Balance~~- ~~Balance~~Fixed ~~Count~~12 Month Bankruptcy History* New Bankruptcy Loans Month Bankruptcy Percentage Loans in Bankruptcy 0 Jan-05 0.000% Original Principal Balance 0.00 Feb-05 0.000% Current Principal Balance 10.00 32Mar-05 20.000% Apr-05 0.000% Current Bankruptcy Total May-05 0.000% Loans in Bankruptcy 9 Jun-05 0.000% Original Principal Balance 529,~~963,109~~987.00 2Jul-05 0.000% Current Principal Balance 525,~~956,120~~652.4258 Aug-05 0.000% Sep-05 0.00000% Oct-05 0.00037% 2Nov-05 390.443% Dec-05 0.458% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. Group 1 - ARM 12 Month Bankruptcy History* New Bankruptcy Loans Month Bankruptcy Percentage Loans in Bankruptcy 1 Jan-05 0.000% Original Principal Balance 131,~~842,380~~100.00 12Feb-05 0.000% Current Principal Balance 130,~~724,857~~210.8240 Mar-05 0.000% Apr-05 0.00000% Current Bankruptcy Total May-05 0.00000% 3Loans 7in Bankruptcy 8 Jun-05 0.000% Original Principal Balance 1,~~126~~540,~~450~~200.00 Jul-05 0.000% Current Principal Balance 1,~~120~~529,~~662~~774.5879 Aug-05 0.000% Sep-05 0.000% Oct-05 0.000% Nov-05 0.366% Dec-05 0.401% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. Group 2 - Fixed 12 Month Bankruptcy History* New Bankruptcy Loans Month Bankruptcy Percentage Loans in Bankruptcy 0 Jan-05 0.000% Original Principal Balance 0.00 Feb-05 0.000% Current Principal Balance 0.00 4Mar-05 470.000% 10Apr-05 0.000% Current Bankruptcy Total May-05 0.000% Loans in Bankruptcy 2 Jun-05 0.000% Original Principal Balance 209,~~602,162~~750.00 10Jul-05 0.000% Current Principal Balance 208,~~571,677~~442.83 Aug-05 0.000% Sep-05 0.000% Oct-05 0.107% Nov-05 0.367% Dec-05 0.373% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. Group 2 - ARM 12 Month Bankruptcy History* New Bankruptcy Loans Month Bankruptcy Percentage Loans in Bankruptcy 0 Jan-05 0.000% Original Principal Balance 0.00 Feb-05 0.000% Current Principal Balance 0.00 Mar-05 0.000% Apr-05 0.000% Current Bankruptcy Total ~~125~~May-05 270.000% Loans in Bankruptcy 7 Jun-05 0.000% Original Principal Balance 1,~~534~~313,~~101~~998.00 27Jul-05 0.000% Current Principal Balance 1,~~373~~306,~~317~~429.8788 Aug-05 0.000% Sep-05 0.00000% Oct-05 0.00092% Nov-05 0.435% Dec-05 0.363% *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.

~~Prepayment~~Bankruptcy Detail - ~~Prepayments~~All Mortgage Loans in Bankruptcy during Current Period ~~(continued)~~Group ~~Summary~~Loan ~~Substitution~~Month ~~Loans~~Loan ~~Liquidated~~First ~~Loans~~State ~~Curtailments~~LTV at Original ~~Current~~Number ~~Original~~Entered ~~Current~~Payment ~~Principal~~Origination Principal ~~Principal~~Bankruptcy ~~Principal~~Date ~~Curtailment~~Balance Group ~~Count~~1 ~~Balance~~- ~~Balance~~Fixed ~~Count~~0011136403 ~~Balance~~Nov-2005 ~~Balance~~01-Mar-2005 ~~Amount~~TN 20.00 23,400.00 Group 1 0- 0Fixed 0011148496 Nov-2005 01-May-2005 GA 20.00 024,400.00 0Group 01 - Fixed 0011152416 Nov-2005 01-May-2005 CA 20.00 068,387.00 12Group 1 - Fixed 0011157942 Nov-2005 01-May-2005 AZ 20.00 96,~~364~~000.6900 2Group 01 0- Fixed 0011159487 Nov-2005 01-May-2005 CO 20.00 046,000.00 0Group 01 - Fixed 0011163751 Oct-2005 01-May-2005 MD 20.00 045,400.00 52Group 1 - Fixed 0011164044 Nov-2005 01-May-2005 CO 20.00 58,~~717~~000.2300 3Group 01 0- Fixed 0011164329 Nov-2005 01-May-2005 TX 20.00 028,400.00 0Group 01 - Fixed 0011166512 Nov-2005 01-May-2005 IL 20.00 0140,000.00 8Group 1 - ARM 0011125033 Nov-2005 01-Mar-2005 TN 80.00 93,~~492~~600.7300 4Group 01 0- ARM 0011145203 Nov-2005 01-May-2005 ME 80.00 054,400.00 0Group 01 - ARM 0011148495 Nov-2005 01-May-2005 GA 80.00 097,600.00 13Group 1 - ARM 0011157941 Nov-2005 01-May-2005 AZ 80.00 384,~~438~~000.4300 ~~Total~~Group 01 0- ARM 0011159459 Nov-2005 01-May-2005 LA 70.00 098,000.00 0Group 01 - ARM 0011160726 Dec-2005 01-May-2005 PA 95.00 0131,100.00 87Group 1 - ARM 0011166298 Nov-2005 01-May-2005 LA 90.00 121,~~013~~500.0800 Group 1 - ARM 0011166508 Nov-2005 01-May-2005 IL 80.00 560,000.00 Group 2 - Fixed 0011160769 Oct-2005 01-May-2005 MO 95.00 62,700.00 Group 2 - Fixed 0011169452 Nov-2005 01-May-2005 MA 85.00 147,050.00 Group 2 - ARM 0011113437 Nov-2005 01-Feb-2005 FL 95.00 223,250.00 Group 2 - ARM 0011152415 Nov-2005 01-May-2005 CA 80.00 273,548.00 Group 2 - ARM 0011159486 Nov-2005 01-May-2005 CO 80.00 184,000.00 Group 2 - ARM 0011159858 Oct-2005 01-May-2005 AR 93.70 178,000.00 Group 2 - ARM 0011163665 Oct-2005 01-May-2005 MD 80.00 181,600.00 Group 2 - ARM 0011164328 Nov-2005 01-May-2005 TX 80.00 113,600.00 Group 2 - ARM 0011172529 Nov-2005 01-May-2005 AZ 80.00 160,000.00

~~Prepayment~~Bankruptcy ~~Loan~~ Detail - ~~Prepayments~~All Mortgage Loans in Bankruptcy during Current Period ~~First~~(continued) ~~Original~~Group Loan ~~LTV~~Current atPaid ~~Payment~~To ~~Principal~~Months ~~Prepayment~~Current ~~Group~~Approximate Number ~~State~~Principal ~~Origination~~ Date ~~Balance~~Delinquent ~~Amount~~Loan 1Rate ~~0011105756~~Delinquent CABalance ~~20.00~~Interest ~~01-Feb-2005~~Group ~~83,069.00 82,690.48~~ 1 ~~0011125482~~- MDFixed ~~20.00~~0011136403 ~~01-Mar-2005 57~~22,~~940~~745.0085 ~~57,705.44 1 0011132345 CA 20.00~~ 01-~~Mar~~Jul-2005 ~~99,800.00~~3 ~~99,543~~8.47740% ~~1 0011137768 CA 20~~787.0083 ~~01-Apr-2005~~Group ~~141,800.00 141,481.11~~ 1 ~~0011144906 CA 20.00 01~~-~~May-2005~~ ~~84,000.00~~Fixed ~~83,839.04~~0011148496 ~~1 0011146265 CA 20.00 01-Apr-2005 54~~24,~~080~~310.0088 ~~53,956.45 1 0011148930 NV 20.00~~ 01-~~May~~Nov-2005 ~~28,000.00~~0 ~~27,934~~9.08990% ~~1 0011149846 CA 20~~384.0079 ~~01-May-2005~~Group ~~20,000.00 19,970.28~~ 1 ~~0011154809 WI 20.00 01~~-~~Apr-2005~~ ~~27,180.00~~Fixed ~~27,102.66~~0011152416 ~~1 0011156490 MD 15.00 01-May-2005 26~~66,~~550~~688.0082 ~~26,496.33 1 0011156707 TN 20.00~~ 01-~~May~~Dec-2005 ~~34,000.00 33,924.72~~ (1) ~~0011157963 WA 20~~9.00500% ~~01-May-2005 64,000~~500.0049 ~~63,796.94~~Group 1 ~~0011158014 AZ 20.00 01~~-~~May-2005~~ ~~54,340.00~~Fixed ~~54,283.36~~0011157942 ~~1 0011158685 CA 66.70 01-May-2005 160~~95,~~000~~649.0045 ~~159,352.61 1 0011159106 CA 15.00~~ 01-May-2005 ~~80,000.00~~5 ~~79,874~~9.55990% ~~1 0011159715 CA 20.00 01-May-2005 97~~5,~~175~~304.0050 ~~96,759.12~~Group 1 ~~0011160947 AZ 20.00 01~~-~~May-2005~~ ~~52,600.00~~Fixed ~~52,531.80~~0011159487 ~~1 0011163564 FL 20.00 01-May-2005 51~~45,~~495~~840.0097 ~~51,406.43 1 0011164486 VA 20.00~~ 01-~~May~~Sep-2005 ~~29,200.00 29,162.10~~ 1 ~~0011165246 AZ 20~~10.00250% ~~01-May-2005 30~~1,~~500~~118.0036 ~~30,442.39~~Group 1 ~~0011165492 AZ 90.00 01~~-~~May-2005~~ ~~73,800.00~~Fixed ~~73,556.55~~0011163751 ~~1 0011165514 TN 80.00 01-May-2005 400~~45,~~000~~249.0098 ~~398,341.38 1 0011165516 TN 20.00~~ 01-~~May~~Sep-2005 ~~100,000.00 99,722.21~~ 1 ~~0011165657 CA 20~~11.00250% ~~01-May-2005 136~~1,~~000~~216.0098 ~~135,683.59~~Group 1 ~~0011167196 CA 20.00 01~~-~~May-2005~~ ~~96,380.00~~Fixed ~~96,119.10~~0011164044 ~~1 0011167371 CA 19.70 01-May-2005 200~~57,~~000~~752.~~00 199,677.~~88 ~~1 0011170707 CA 11.70~~ 01-~~May~~Jun-2005 ~~97,000.00~~4 ~~96,805~~9.27250% ~~1 0011171845 AR 60.80 01-May-2005 76~~2,~~000~~531.0049 ~~75,684.86~~Group 1 ~~0011174096~~- CAFixed ~~20.00~~0011164329 ~~01-May-2005 93~~27,~~800~~827.00 ~~93,648.90 1 0011174858 CA 26.40~~ 01-~~May~~Jun-2005 ~~195,000.00~~4 ~~194,710~~9.29740% 1 ~~0011178199 CA 20.00 01-May-2005 144~~,~~000~~297.0040 ~~143,675.44~~Group 1 ~~0011178803~~- CAFixed ~~20.00~~0011166512 ~~01-May-2005 75~~139,~~400~~586.00 75~~,249.90~~ ~~2 0011112534 AZ 90.00~~ 01-~~May~~Jun-2005 ~~120,240.00~~4 ~~119,799~~10.32990% ~~2 0011124035 VA 90.00 01-May-2005 76~~7,~~500~~330.0096 ~~76,270.89~~Group 21 ~~0011132344 CA 80.00 01~~-~~Mar-2005~~ ~~399,200.00~~ARM ~~396,897.56~~0011125033 ~~2 0011133944 FL 95.00 01-Apr-2005 194~~92,~~750~~861.0049 ~~194,750.00 2 0011134619 FL 90.00~~ 01-~~Apr~~Aug-2005 ~~206,091.00 205,581.74~~ 2 ~~0011139748 MD 80~~7.00575% ~~01-Apr-2005 164,400.00 164,399.76~~ 2 ~~0011142719 OR 80.00 01-May-2005 128~~,~~000~~194.0025 ~~127,634.41~~Group 21 ~~0011148732 CA 84.60 01~~-~~May-2005~~ ~~330,000.00~~ARM ~~330,000.00~~0011145203 ~~2 0011151156 CA 94.80 01-Apr-2005 512~~54,~~000~~085.0079 ~~512,000.00 2 0011151866 VA 60.00~~ 01-~~Apr~~Aug-2005 ~~85,200.00 84,729.95~~ 2 ~~0011152287 CA 80~~7.00750% ~~01-May-2005 364~~1,~~000~~309.0048 ~~364,000.00~~Group 21 ~~0011156159 AZ 94.90 01~~-~~May-2005~~ ~~650,000.00~~ARM ~~648,244.00~~0011148495 ~~2 0011156217 CA 90.00 01-May-2005 427~~96,~~500~~879.0021 ~~427,494.02 2 0011156348 ME 93.40~~ 01-~~May~~Nov-2005 ~~99,900.00~~0 ~~99,594~~6.62490% ~~2 0011157756 CA 90~~968.0056 ~~01-May-2005~~Group ~~328,500.00~~1 ~~327,265.70 2 0011159699 CA 80.00 01~~-~~May-2005~~ ~~388,710.00~~ARM ~~388,406.17~~0011157941 ~~2 0011160987 CA 48.30 01-May-2005 135~~381,~~300~~276.0026 ~~134,747.13 2 0011161353 CA 92.30~~ 01-May-2005 ~~531,000.00~~5 ~~528,608~~6.58700% ~~2 0011162557 MD 95.00 01-May-2005 223~~13,~~250~~837.0042 ~~222,597.02~~Group 21 ~~0011162748 CA 83.00 01~~-~~May-2005~~ ~~308,044.00~~ARM ~~308,018.15~~0011159459 ~~2 0011162919 FL 90.00 01-May-2005 535~~97,~~500~~559.0041 ~~533,895.38 2 0011164299 CA 90.00~~ 01-~~May~~Aug-2005 ~~316,800.00 315,752.16~~ 2 ~~0011165139 CA 90~~8.00990% ~~01-May-2005 315~~2,~~000~~764.0091 ~~313,691.27~~Group 21 ~~0011165140 CA 65.60 01~~-~~May-2005~~ ~~210,000.00~~ARM ~~209,317.33~~0011160726 ~~2 0011165203 CA 65.00 01-May-2005 211~~130,~~250.00~~ 210~~,750~~.8640 ~~2 0011165501 CA 80.00~~ 01-~~May~~Sep-2005 ~~280,000.00~~1 ~~278,731~~6.85990% 2 ~~0011165656 CA 80.00 01-May-2005 544~~,~~000~~116.0029 ~~544,000.00~~Group 21 ~~0011166217 CA 56.00 01~~-~~May-2005~~ ~~255,000.00~~ARM ~~254,016.67~~0011166298 ~~2 0011167195 CA 80.00 01-May-2005 385~~120,~~520~~836.0023 ~~383,460.33 2 0011167269 CA 75.00~~ 01-~~May~~Nov-2005 ~~225,000.00~~0 ~~225,000~~8.00875% ~~2 0011167279 CA 80.00 01-May-2005 495~~1,~~600~~688.0018 ~~404,699.32~~Group 21 ~~0011167368 CA 75.30 01~~-~~May-2005~~ ~~764,250.00~~ARM ~~761,608.56~~0011166508 ~~2 0011174099 CA 80.00 01-May-2005 375~~556,~~200~~066.00 ~~374,064.47 2 0011174857 CA 67.60~~ 01-May-2005 ~~500,000.00~~5 ~~498,313~~6.53750% ~~2 0011175286 CA 80.00 01-May-2005 252,000.00 251,036.05 2 0011177564 CA 60.~~20 ~~01-May-2005 150~~,~~000~~343.~~00 149,724.~~04 2Group ~~0011178197 CA 80.00 01-May-2005 576,000.00 576,000.00~~ 2 ~~0011179855 CA 89.90 01~~-~~May-2005~~ ~~355,000.00~~Fixed ~~354,028.46~~0011160769 ~~2 0011182502 AZ 80.00 01-May-2005 423~~62,~~675~~425.0082 ~~422,995.85 3 0011140200 TX 63.70~~ 01-~~Apr~~Dec-2005 ~~83,500.00~~(1) ~~81,846~~9.51125% ~~3 0011153808 CA 20~~448.0093 ~~01-Apr-2005~~Group ~~42,000.00~~2 ~~41,867.28 3 0011157349 MD 89.30 01~~-~~May-2005~~ ~~324,000.00~~Fixed ~~322,874.71~~0011169452 ~~3 0011169654 RI 57.60 01-May-2005 204~~146,~~500~~017.~~00 203,789.76 3 0011174722 VA 95.00~~ 01~~-Apr-2005~~ ~~162,450.00 161,635.32 3 0011175773 NJ 68.70~~ 01-~~May~~Nov-2005 ~~213,000.00~~0 ~~211,978~~6.88750% ~~3 0011179209 NJ 52.40 01-May-2005 97~~1,~~000~~523.0006 ~~96,131.61~~Group 42 ~~0011105750 CA 80.00 01~~-~~Feb-2005~~ ~~332,278.00~~ARM ~~332,278.00~~0011113437 ~~4 0011125474 MD 80.00 01-Mar-2005 231~~223,~~760~~070.~~00 230,647.~~83 ~~4 0011129146 WA 95.00~~ 01-~~May~~Oct-2005 ~~338,984.00~~0 ~~338,069~~6.71990% ~~4 0011130254 VA 85.00 01-May-2005 272~~2,~~000~~412.0088 ~~271,151.95~~Group 42 ~~0011135245 NY 85.00 01~~-~~May-2005~~ ~~310,250.00~~ARM ~~308,552.65~~0011152415 ~~4 0011139053 NJ 63.20 01-Apr-2005 158~~271,~~000~~323.0037 ~~157,042.59 4 0011144019 MD 65.50~~ 01-~~May~~Dec-2005 ~~300,000.00~~(1) ~~299,137~~5.71990% ~~4 0011144221 CA 80.00 01-May-2005 176~~1,~~000~~242.0060 ~~175,498.27~~Group 42 ~~0011144888 CA 80.00 01~~-~~May-2005~~ ~~336,000.00~~ARM ~~334,752.48~~0011159486 ~~4 0011146264 CA 80.00 01-Apr-2005 216~~182,320.00 216,316.22 4 0011148925 NV 80.00 01-May-2005 112,000.00 111,487.24 4 0011149040 NJ 90.00 01-May-2005 252,000.00 251,121.44 4 0011149345 CA 90.00 01-May-2005 315,000.00 313,656.17 4 0011149845 CA 80.00 01-May-2005 80,000.00 79,694.51 4 0011151184 NY 95.00 01-May-2005 87,400.00 87,079.06 4 0011152162 FL 79.20 01-May-2005 237,500.00 236,617.33 4 0011152760 CA 80.00 01-Apr-2005 168,000.00 167,185.88 4 0011154354 NJ 85.00 01-May-2005 340,000.00 338,423.85 4 0011154808 WI 80.00 01-Apr-2005 108,720.00 108,268.28 4 0011156486 MD 80.00 01-May-2005 141,600.00 141,024.23 4 0011156671 TN 80.00 01-May-2005 136,000.00 135,550.1736 ~~4 0011158011 AZ 80.00~~ 01-~~May~~Sep-2005 ~~217,360.00~~1 ~~216,688~~6.82150% ~~4 0011159319 IL 80.00 01-May-2005 136~~2,~~800~~583.0072 ~~136,296.44~~Group 42 ~~0011160730 NY 90.00 01~~-~~May-2005~~ ~~238,500.00~~ARM ~~238,500.00~~0011159858 ~~4 0011160946 AZ 80.00 01-May-2005 210~~176,~~400~~865.0040 ~~209,828.49 4 0011162237 CA 94.80~~ 01-~~May~~Jun-2005 ~~184,000.00 183,462.21~~ 4 ~~0011163051 CA 80~~7.~~00 01-May-2005 309,600.00 308,648.96 4 0011163559 FL 80.00 01-May-2005 205,990.00 205,134.21 4 0011163783 MD 85.00 01-May-2005 276,~~250~~.00~~% ~~275~~5,~~304~~986.4616 4Group ~~0011163870~~2 ~~CA 80.00 01~~-~~May-2005~~ ~~224,200.00~~ARM ~~223,255.13~~0011163665 ~~4 0011164485 VA 80.00 01-May-2005 116~~180,~~800~~177.00 ~~116,406.06 4 0011164523 CA 80.00~~ 01-~~May~~Sep-2005 ~~284,000.00~~1 ~~283,197~~6.~~93 4 0011165204 NJ 95.00 01-May-2005 346,750.00 345,710.94 4 0011165318 NY 80.00 01-May-2005 298,~~400~~.00~~% ~~297~~2,~~043~~662.0772 4Group ~~0011165454~~2 ~~AZ 80.00 01~~-~~May-2005~~ ~~122,000.00~~ARM ~~121,501.14~~0011164328 ~~4 0011166499 TX 80.00 01-May-2005 92~~112,~~000~~875.0089 ~~91,666.21 4 0011166887 CA 45.80~~ 01-May-2005 ~~275,000.00~~5 ~~273,814~~7.34 4 0011167088 FL 80.00 01-May-2005 220,000.00 219,402.40 4 0011167243 CA 90.00 01-May-2005 286,200.00 285,392.29 4 0011167611 NJ 84.70 01-May-2005 200,000.00 199,338.51 4 0011169166 CA 85.00 01-May-2005 276,250~~.00~~% ~~276,250.00~~ 4 ~~0011169599 IL 84.00 01-May-2005 200~~,~~000~~468.0050 ~~199,446.80~~Group 42 ~~0011169890 NJ 52.70 01~~-~~May-2005~~ ~~290,000.00~~ARM ~~289,031.35~~0011172529 ~~4 0011170705 CA 80.00 01-May-2005 215~~159,~~200~~567.0003 ~~215,143.21 4 0011176278 CA 80.00~~ 01-~~May~~Nov-2005 ~~148,800.00~~0 ~~148,392~~7.53499% ~~4 0011178801 CA 80.00 01-May-2005 301~~1,~~600~~862.~~00 301,600.00 4 0011181221 CA 85.00 01-May-2005 276,250.00 274,858.52~~32

~~Prepayment~~Realized ~~Loan~~Loss Detail Report - ~~Prepayments~~Loans with Losses during Current Period ~~(continued)~~Summary ~~Current~~# ~~Loan~~Loans ~~PIF~~Prior ~~Months~~Realized ~~Loan~~Current ~~Original~~with ~~Group~~Principal Number Type Delinquent Rate Term Seasoning 1 0011105756 Loan Paid in Full 0 8.250% 180 7 1 0011125482 Loan Paid in Full 0 10.875% 180 6 1 0011132345 Loan Paid in Full 0 10.250% 180 6 1 0011137768 Loan Paid in Full 0 10.875% 180 5 1 0011144906 Loan Paid in Full 0 10.750% 180 4 1 0011146265 Loan Paid in Full 0 9.990% 180 5 1 0011148930 Loan Paid in Full Loss/(1Gain) ~~10.875%~~Loss ~~180~~Group 4Losses 1Balance ~~0011149846~~Amount ~~Loan~~Percentage ~~Paid~~Group ~~in Full 0 10.875% 180 4~~ 1 ~~0011154809~~- ~~Loan~~Fixed Paid in Full (1) 8.875% 180 5 1 0011156490 Loan Paid in Full (1) 10.500% 180 4 1 0011156707 Loan Paid in Full (1) 8.990% 180 4 1 0011157963 Loan Paid in Full (1) 10.500% 180 4 1 0011158014 Loan Paid in Full (1) 12.490% 180 4 1 0011158685 Loan Paid in Full (1) 7.125% 360 4 1 0011159106 Loan Paid in Full 0 ~~10.625% 180 4 1 0011159715 Loan Paid in Full~~ 0 10.~~250%~~00 ~~180 4 1 0011160947 Loan Paid in Full~~ 0 11.~~500%~~00 ~~180 4 1 0011163564 Loan Paid in Full~~ 0 11.~~250% 180 4 1 0011164486 Loan Paid in Full 0 11.500% 180 4 1 0011165246 Loan Paid in Full (1) 9.750% 180 4 1 0011165492 Loan Paid in Full 0 8.150% 360 4 1 0011165514 Loan Paid in Full (1) 7.~~000% ~~360~~Group 4 1 ~~0011165516~~- ~~Loan~~ARM ~~Paid in Full (~~1) 8412,591.~~990%~~36 ~~180 4 1 0011165657 Loan Paid in Full 0 8~~85,572.~~750%~~15 ~~180 4 1 0011167196 Loan Paid in Full~~ 0 9.~~990~~022% ~~180~~Group ~~4 1 0011167371 Loan Paid in Full (~~2) ~~10.500%~~- ~~180~~Fixed ~~4 1 0011170707 Loan Paid in Full~~ 0 ~~9.500% 180 4 1 0011171845 Loan Paid in Full (1) 7.000% 360 4 1 0011174096 Loan Paid in Full (1) 10.500% 180 4 1 0011174858 Loan Paid in Full~~ 0 10.~~875%~~00 ~~180 4 1 0011178199 Loan Paid in Full 1 9.990% 180 4 1 0011178803 Loan Paid in Full (1) 9.500% 180 4 2 0011112534 Loan Paid in Full (1) 7.625% 360 4 2 0011124035 Loan Paid in Full~~ 0 8.~~625%~~00 ~~360 4 2 0011132344 Loan Paid in Full~~ 0 6.250% 360 6 2 0011133944 Loan Paid in Full (1) 7.100% 360 5 2 0011134619 Loan Paid in Full 2 9.553% 360 5 2 0011139748 Loan Paid in Full (1) 5.750% 360 5 2 0011142719 Loan Paid in Full 0 7.740% 360 4 2 0011148732 Loan Paid in Full (1) 5.990% 360 4 2 0011151156 Loan Paid in Full (1) 7.000% ~~360~~Group 5 2 ~~0011151866~~- ~~Loan~~ARM ~~Paid in Full~~ 0 ~~6.750% 360 5 2 0011152287 Loan Paid in Full (1) 6.800% 360 4 2 0011156159 Loan Paid in Full~~ 0 9.~~125%~~00 ~~360 4 2 0011156217 Loan Paid in Full (1) 5.900% 360 4 2 0011156348 Loan Paid in Full (1) 7.400% 360 4 2 0011157756 Loan Paid in Full~~ 0 7.~~500%~~00 ~~360 4 2 0011159699 Loan Paid in Full~~ 0 6.550% 360 4 2 0011160987 Loan Paid in Full 0 7.075% 360 4 2 0011161353 Loan Paid in Full (1) 6.575% 360 4 2 0011162557 Loan Paid in Full (1) 8.740% 360 4 2 0011162748 Loan Paid in Full (1) 6.250% 360 4 2 0011162919 Loan Paid in Full 0 7.500% 360 4 2 0011164299 Loan Paid in Full 0 7.000% ~~360~~Total ~~4 2 0011165139 Loan Paid in Full 0 6.990% 360 4 2 0011165140 Loan Paid in Full 0 7.800% 360 4 2 0011165203 Loan Paid in Full (~~1) 8412,591.~~675%~~36 ~~360 4 2 0011165501 Loan Paid in Full 0 6~~85,572.~~550%~~15 ~~360 4 2 0011165656 Loan Paid in Full~~ 0 6.~~500~~009% 360 4 2 0011166217 Loan Paid in Full (1) 7.875% 360 4 2 0011167195 Loan Paid in Full 0 5.990% 360 4 2 0011167269 Loan Paid in Full 0 6.375% 360 4 2 0011167279 Loan Paid in Full (1) 5.990% 360 4 2 0011167368 Loan Paid in Full (2) 6.775% 360 4 2 0011174099 Loan Paid in Full (1) 7.450% 360 4 2 0011174857 Loan Paid in Full 0 6.900% 360 4 2 0011175286 Loan Paid in Full 0 6.250% 360 4 2 0011177564 Loan Paid in Full 0 9.875% 360 4 2 0011178197 Loan Paid in Full 1 5.990% 360 4 2 0011179855 Loan Paid in Full (1) 7.975% 360 4 2 0011182502 Loan Paid in Full 0 6.850% 360 4 3 0011140200 Loan Paid in Full (1) 6.625% 180 5 3 0011153808 Loan Paid in Full 0 9.990% 180 5 3 0011157349 Loan Paid in Full (1) 6.750% 360 4 3 0011169654 Loan Paid in Full 0 6.750% 360 4 3 0011174722 Loan Paid in Full (2) 6.975% 360 5 3 0011175773 Loan Paid in Full (1) 6.250% 360 4 3 0011179209 Loan Paid in Full 0 7.725% 240 4 4 0011105750 Loan Paid in Full 0 5.875% 360 7 4 0011125474 Loan Paid in Full 0 7.200% 360 6 4 0011129146 Loan Paid in Full 0 8.025% 360 4 4 0011130254 Loan Paid in Full 0 7.300% 360 4 4 0011135245 Loan Paid in Full 0 5.551% 360 4 4 0011139053 Loan Paid in Full (1) 5.990% 360 5 4 0011144019 Loan Paid in Full (1) 8.825% 360 4 4 0011144221 Loan Paid in Full 0 7.750% 360 4 4 0011144888 Loan Paid in Full (1) 7.560% 360 4 4 0011146264 Loan Paid in Full 0 6.990% 360 5 4 0011148925 Loan Paid in Full (1) 6.490% 360 4 4 0011149040 Loan Paid in Full (1) 7.875% 360 4 4 0011149345 Loan Paid in Full 0 5.675% 360 4 4 0011149845 Loan Paid in Full 0 7.275% 360 4 4 0011151184 Loan Paid in Full (1) 8.700% 360 4 4 0011152162 Loan Paid in Full 0 6.400% 360 4 4 0011152760 Loan Paid in Full 0 7.150% 360 5 4 0011154354 Loan Paid in Full (1) 6.425% 360 4 4 0011154808 Loan Paid in Full (1) 6.990% 360 5 4 0011156486 Loan Paid in Full (1) 7.100% 360 4 4 0011156671 Loan Paid in Full (1) 7.000% 360 4 4 0011158011 Loan Paid in Full (1) 7.990% 360 4 4 0011159319 Loan Paid in Full 0 6.450% 360 4 4 0011160730 Loan Paid in Full 0 5.990% 360 4 4 0011160946 Loan Paid in Full 0 7.990% 360 4 4 0011162237 Loan Paid in Full (1) 7.625% 360 4 4 0011163051 Loan Paid in Full (1) 7.375% 360 4 4 0011163559 Loan Paid in Full 0 6.990% 360 4 4 0011163783 Loan Paid in Full (1) 6.825% 360 4 4 0011163870 Loan Paid in Full 0 5.740% 360 4 4 0011164485 Loan Paid in Full 0 6.900% 360 4 4 0011164523 Loan Paid in Full 1 7.800% 360 4 4 0011165204 Loan Paid in Full (1) 7.500% 360 4 4 0011165318 Loan Paid in Full (1) 6.525% 360 4 4 0011165454 Loan Paid in Full (1) 5.900% 360 4 4 0011166499 Loan Paid in Full (1) 6.525% 360 4 4 0011166887 Loan Paid in Full 0 6.800% 360 4 4 0011167088 Loan Paid in Full 0 7.990% 360 4 4 0011167243 Loan Paid in Full 0 7.800% 360 4 4 0011167611 Loan Paid in Full (1) 7.000% 360 4 4 0011169166 Loan Paid in Full (1) 5.875% 360 4 4 0011169599 Loan Paid in Full (1) 7.900% 360 4 4 0011169890 Loan Paid in Full 0 6.950% 360 4 4 0011170705 Loan Paid in Full (1) 6.300% 360 4 4 0011176278 Loan Paid in Full 0 7.950% 360 4 4 0011178801 Loan Paid in Full (1) 6.990% 360 4 4 0011181221 Loan Paid in Full (1) 5.990% 360 4

~~Summary~~Realized ~~SMM~~Loss ~~CPR~~Loan ~~PSA~~Detail ~~Current~~Report ~~Month~~- ~~2.643%~~Loans ~~Current~~With ~~Month~~Losses ~~27.488%~~during Current ~~Month~~Period ~~3,305.628%~~Original ~~3 Month Average 2.039% 3 Month Average 21.809% 3 Month Average 3,566.298% 12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CPR:~~ Current vsLoan ~~12mo~~Principal Average*Note ~~PSA:~~LTV 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 18.922% N/A Jul-2005 4,383.046% N/A Aug-2005 19.016% N/A Aug-2005 3,010.221% N/A Sep-2005 27.488% N/A Sep-2005 3,305.628% 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~~Original ~~bond~~Group ~~remittance~~Number ~~report~~Balance ~~can~~Rate beState ~~viewed~~Origination ~~online~~Term atGroup ~~www.ctslink.com. www.ctslink.com.~~ 1 SMM CPR PSA Current Month 2.305% Current Month 24.407% Current Month 2,939.045% 3 Month Average 1.852% 3 Month Average 20.038% 3 Month Average 3,309.755% 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~~ARM ~~N/A~~0011140861 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 18.090% N/A Jul-2005 4414,~~198~~900.~~311%~~00 N/A Aug-2005 17.617% N/A Aug-2005 2,791.908% N/A Sep-2005 24.407% N/A Sep-2005 2,939.045% 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 2.899% Current Month 29.744% Current Month 3,567.950% 3 Month Average 2.284% 3 Month Average 24.112% 3 Month Average 3,962.947% 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 21.951% N/A Jul-2005 5,062.911% N/A Aug-2005 20.642% N/A Aug-2005 3,257.979% N/A Sep-2005 29.744% N/A Sep-2005 3,567.950% 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. 3 SMM CPR PSA Current Month 1.888% Current Month 20.447% Current Month 2,420.808% 3 Month Average 0.886% 3 Month Average 9.781% 3 Month Average 1,279.942% 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 0.563% N/A Jul-2005 126.553% N/A Aug-2005 8.~~334~~700% ~~N/A~~GA ~~Aug-2005 1,292~~90.~~465%~~00 N/A Sep-2005 20.447% N/A Sep-2005 2,420.808% 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. 4 SMM CPR PSA Current Month 2.584% Current Month 26.957% Current Month 3,256.880% 3 Month Average 2.000% 3 Month Average 21.439% 3 Month Average 3,520.146% 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 18.220% N/A Jul-2005 4,255.769% N/A Aug-2005 19.141% N/A Aug-2005 3,047.790% N/A Sep-2005 26.957% N/A Sep-2005 3,256.880% 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))360

Realized Loss Loan Detail Report - Loans ~~with~~With Losses during Current Period ~~Summary~~(continued) #Prior ~~Loans~~Cumulative ~~Prior~~Loan Principal Realized ~~Current~~Realized ~~with~~Group ~~Principal~~Number Balance Loss/(Gain) Loss/(Gain) Group ~~Losses Balance Amount Percentage~~ 1 0- ~~0.00~~ARM ~~0.00~~0011140861 0412,591.~~000%~~36 ~~2 0 0~~85,572.0015 085,572.~~00 0.000% 3 0 0.00 0.00 0.000% 4 0 0.00 0.00 0.000% Total 0 0.00 0.00 0.000%~~15

Realized Loss Loan Detail Report - Loans With Losses during Current Period Original Current Loan Principal Note LTV at Original Group Number Balance Rate State Origination Term No losses this period.

~~Realized~~Prepayment ~~Loss~~Detail ~~Loan~~- ~~Detail~~Prepayments ~~Report~~during -Current Period Summary Loans ~~With~~Paid ~~Losses~~In ~~during~~Full ~~Current~~Repurchased ~~Period~~Loans ~~(continued)~~Original ~~Prior~~Current ~~Cumulative~~Original ~~Loan~~Current Principal ~~Realized~~Principal ~~Realized~~Principal Principal Group ~~Number~~Count Balance ~~Loss/(Gain)~~Balance ~~Loss/(Gain)~~Count NoBalance ~~losses~~Balance ~~this~~Group ~~period~~1 - Fixed 55 3,860,990.00 3,844,962.69 0 0.00 0.00 Group 1 - ARM 68 18,766,527.00 18,700,146.76 0 0.00 0.00 Group 2 - Fixed 7 924,600.00 916,734.41 0 0.00 0.00 Group 2 - ARM 65 14,823,134.00 14,753,208.16 0 0.00 0.00 Total 195 38,375,251.00 38,215,052.02 0 0.00 0.00

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-2004 N/A N/A Oct-2004 N/A N/A Nov-2004 N/A N/A Nov-2004 N/A N/A Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 N/A N/A May-2005 N/A N/A Jun-2005 N/A N/A Jun-2005 N/A N/A Jul-2005 0.000% N/A Jul-2005 0.000% N/A Aug-2005 0.000% N/A Aug-2005 0.000% 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. 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-2004 N/A N/A Oct-2004 N/A N/A Nov-2004 N/A N/A Nov-2004 N/A N/A Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 N/A N/A May-2005 N/A N/A Jun-2005 N/A N/A Jun-2005 N/A N/A Jul-2005 0.000% N/A Jul-2005 0.000% N/A Aug-2005 0.000% N/A Aug-2005 0.000% 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. 1 MDR SDA Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% MDR: Current vs 12mo Average* SDA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Oct-2004 N/A N/A Oct-2004 N/A N/A Nov-2004 N/A N/A Nov-2004 N/A N/A Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 N/A N/A May-2005 N/A N/A Jun-2005 N/A N/A Jun-2005 N/A N/A Jul-2005 0.000% N/A Jul-2005 0.000% N/A Aug-2005 0.000% N/A Aug-2005 0.000% 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. 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-2004 N/A N/A Oct-2004 N/A N/A Nov-2004 N/A N/A Nov-2004 N/A N/A Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 N/A N/A May-2005 N/A N/A Jun-2005 N/A N/A Jun-2005 N/A N/A Jul-2005 0.000% N/A Jul-2005 0.000% N/A Aug-2005 0.000% N/A Aug-2005 0.000% 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. 2 MDR SDA Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% MDR: Current vs 12mo Average* SDA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Oct-2004 N/A N/A Oct-2004 N/A N/A Nov-2004 N/A N/A Nov-2004 N/A N/A Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 N/A N/A May-2005 N/A N/A Jun-2005 N/A N/A Jun-2005 N/A N/A Jul-2005 0.000% N/A Jul-2005 0.000% N/A Aug-2005 0.000% N/A Aug-2005 0.000% 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. 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-2004 N/A N/A Oct-2004 N/A N/A Nov-2004 N/A N/A Nov-2004 N/A N/A Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 N/A N/A May-2005 N/A N/A Jun-2005 N/A N/A Jun-2005 N/A N/A Jul-2005 0.000% N/A Jul-2005 0.000% N/A Aug-2005 0.000% N/A Aug-2005 0.000% 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. 3 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-2004 N/A N/A Oct-2004 N/A N/A Nov-2004 N/A N/A Nov-2004 N/A N/A Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 N/A N/A May-2005 N/A N/A Jun-2005 N/A N/A Jun-2005 N/A N/A Jul-2005 0.000% N/A Jul-2005 0.000% N/A Aug-2005 0.000% N/A Aug-2005 0.000% 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. 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-2004 N/A N/A Oct-2004 N/A N/A Nov-2004 N/A N/A Nov-2004 N/A N/A Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 N/A N/A May-2005 N/A N/A Jun-2005 N/A N/A Jun-2005 N/A N/A Jul-2005 0.000% N/A Jul-2005 0.000% N/A Aug-2005 0.000% N/A Aug-2005 0.000% 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. 4 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-2004 N/A N/A Oct-2004 N/A N/A Nov-2004 N/A N/A Nov-2004 N/A N/A Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 N/A N/A May-2005 N/A N/A Jun-2005 N/A N/A Jun-2005 N/A N/A Jul-2005 0.000% N/A Jul-2005 0.000% N/A Aug-2005 0.000% N/A Aug-2005 0.000% 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. 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-2004 N/A N/A Oct-2004 N/A N/A Nov-2004 N/A N/A Nov-2004 N/A N/A Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 N/A N/A May-2005 N/A N/A Jun-2005 N/A N/A Jun-2005 N/A N/A Jul-2005 0.000% N/A Jul-2005 0.000% N/A Aug-2005 0.000% N/A Aug-2005 0.000% 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: 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 · Asset Backed Pass-Through Certificates, Series WMC 2005-HE5