8-K 1 bsa05sd1_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 BEAR STEARNS ASSET BACKED SECURITIES TRUST Asset Backed Certificates, Series 2005-SD1 (Exact name of registrant as specified in its charter) New York (governing law of 333-113636-26 Pooling and Servicing Agreement) (Commission 54-2168075 (State or other File Number) 54-2168076 jurisdiction IRS EIN of Incorporation) c/o Wells Fargo Bank, N.A. 9062 Old Annapolis Road Columbia, MD 21045 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (410) 884-2000 (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act(17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act(17 CFR 240.13e-4(c)) ITEM 8.01 Other Events On December 27, 2005 a distribution was made to holders of BEAR STEARNS ASSET BACKED SECURITIES TRUST, Asset Backed Certificates, Series 2005-SD1 Trust. ITEM 9.01 Financial Statements and Exhibits (c) Exhibits Exhibit Number Description EX-99.1 Monthly report distributed to holders of Asset Backed Certificates, Series 2005-SD1 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. BEAR STEARNS ASSET BACKED SECURITIES TRUST Asset Backed Certificates, Series 2005-SD1 Trust (Registrant) By: Wells Fargo Bank, N.A. as Securities Administrator 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 Certificates, Series 2005-SD1 Trust, relating to the December 27, 2005 distribution. EX-99.1 Bear Stearns Asset Backed Securities Asset Backed Certificates Record Date: 11/30/2005 Distribution Date: 12/27/2005 Bear Stearns Asset Backed Securities Asset Backed Certificates Series 2005-SD1 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

Bear Stearns Asset Backed Securities Asset Backed Certificates Record Date: 8/31/2005 Distribution Date: 9/26/2005 Bear Stearns Asset Backed Securities Asset Backed Certificates Series 2005-SD1 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~~ I-A-1 073877AA0 ~~SEN 3~~4.~~79125~~34375% 7763,~~684~~948,~~311~~792.1001 ~~261~~246,~~796~~913.1339 I-A-2 073877AB8 ~~SEN 3~~4.~~94125~~49375% 35,967,000.00 ~~126~~143,~~004~~668.3918 I-A-3 073877AC6 ~~SEN~~ 4.~~04125~~59375% 53,723,000.00 ~~192~~219,~~984~~368.9592 I-M-1 073877AD4 ~~SUB~~ 4.~~14125~~69375% 7,627,000.00 2831,~~075~~821.8354 I-M-2 073877AE2 ~~SUB~~ 4.~~44125~~99375% 3,757,000.00 1416,~~831~~676.8091 I-M-3 073877AF9 ~~SUB 4~~5.~~46125~~01375% 2,277,000.00 910,~~029~~147.5783 I-M-4 073877AG7 ~~SUB 4~~5.~~99125~~54375% 2,277,000.00 1011,~~102~~220.2955 I-M-5 073877AH5 ~~SUB~~ 5.~~11125~~66375% 2,277,000.00 1011,~~345~~463.1743 I-M-6 073877AJ1 ~~SUB~~ 6.~~09125~~64375% 2,277,000.00 1213,~~328~~446.6995 I-B 073877AQ5 ~~SUB 6~~7.~~64125~~19375% 2,277,000.00 1314,~~441~~560.8915 II-A 073877AK8 ~~SEN 3~~4.~~93125~~48375% 7365,~~137~~550,~~375~~524.0567 ~~255~~261,~~574~~255.4926 II-M-1 073877AL6 ~~SUB~~ 4.~~19125~~74375% 5,927,200.00 2224,~~082~~993.1103 II-M-2 073877AM4 ~~SUB~~ 4.~~44125~~99375% 3,875,500.00 1517,~~299~~202.6191 II-M-3 073877AP7 ~~SUB~~ 5.~~09125~~64375% 3,248,600.00 1416,~~701~~297.7214 II-B 073877AN2 ~~SUB~~ 6.~~14125~~69375% 2,621,718.00 1415,~~311~~599.6722 I-B-IO 073877AR3 ~~SEN~~ 0.00000% 0.00 09,926.0094 II-B-IO 073877AS1 ~~SEN~~ 0.00000% 0.00 ~~104~~53,~~978~~497.2776 R 073877AT9 ~~RES~~ 0.00000% 0.00 0.00 Totals ~~278~~257,~~953~~631,~~704~~334.1568 1,~~105~~118,~~888~~060.5811

Certificateholder Distribution Summary (continued) Class Principal Current Ending ~~Cumulative~~Total ~~Principal~~Cummulative Distribution Realized Certificate ~~Total~~Distribution Realized ~~Class Distribution~~ Loss Balance ~~Distribution~~ Losses I-A-1 54,~~117~~630,~~678~~745.8202 0.00 7259,~~566~~318,~~632~~046.2798 54,~~379~~877,~~474~~658.9541 0.00 I-A-2 0.00 0.00 35,967,000.00 ~~126~~143,~~004~~668.3918 0.00 I-A-3 0.00 0.00 53,723,000.00 ~~192~~219,~~984~~368.9592 0.00 I-M-1 0.00 0.00 7,627,000.00 2831,~~075~~821.8354 0.00 I-M-2 0.00 0.00 3,757,000.00 1416,~~831~~676.8091 0.00 I-M-3 0.00 0.00 2,277,000.00 910,~~029~~147.5783 0.00 I-M-4 0.00 0.00 2,277,000.00 1011,~~102~~220.2955 0.00 I-M-5 0.00 0.00 2,277,000.00 1011,~~345~~463.1743 0.00 I-M-6 0.00 0.00 2,277,000.00 1213,~~328~~446.6995 0.00 I-B 0.00 0.00 2,277,000.00 1314,~~441~~560.8915 0.00 II-A 2,~~713~~431,~~755~~155.7107 0.00 7063,~~423~~119,~~619~~369.3460 2,~~969~~692,~~330~~410.2033 0.00 II-M-1 0.00 0.00 5,927,200.00 2224,~~082~~993.1103 0.00 II-M-2 0.00 0.00 3,875,500.00 1517,~~299~~202.6191 0.00 II-M-3 0.00 0.00 3,248,600.00 1416,~~701~~297.7214 0.00 II-B 0.00 0.00 2,621,718.00 1415,~~311~~599.6722 0.00 I-B-IO 0.00 0.00 0.00 09,926.0094 0.00 II-B-IO 0.00 0.00 0.00 ~~104~~53,~~978~~497.2776 0.00 R 0.00 0.00 0.00 0.00 0.00 Totals 7,~~831~~061,~~434~~900.5309 0.00 ~~271~~250,~~122~~569,~~269~~434.6158 8,~~937~~179,~~323~~960.1120 0.00 ~~All distributions required by the Pooling and Servicing Agreement have been calculated by the Certificate Administrator on behalf of the Trustee.~~

Principal Distribution Statement Class Original Beginning Scheduled ~~Unscheduled~~UnScheduled Accretion Realized Face Certificate Principal Principal ~~Realized~~Loss ~~Class~~ Amount Balance Distribution Distribution ~~Accretion Loss (1)~~ I-A-1 115,232,000.00 7763,~~684~~948,~~311~~792.1001 0.00 54,~~117~~630,~~678~~745.8202 0.00 0.00 I-A-2 35,967,000.00 35,967,000.00 0.00 0.00 0.00 0.00 I-A-3 53,723,000.00 53,723,000.00 0.00 0.00 0.00 0.00 I-M-1 7,627,000.00 7,627,000.00 0.00 0.00 0.00 0.00 I-M-2 3,757,000.00 3,757,000.00 0.00 0.00 0.00 0.00 I-M-3 2,277,000.00 2,277,000.00 0.00 0.00 0.00 0.00 I-M-4 2,277,000.00 2,277,000.00 0.00 0.00 0.00 0.00 I-M-5 2,277,000.00 2,277,000.00 0.00 0.00 0.00 0.00 I-M-6 2,277,000.00 2,277,000.00 0.00 0.00 0.00 0.00 I-B 2,277,000.00 2,277,000.00 0.00 0.00 0.00 0.00 II-A 94,207,300.00 7365,~~137~~550,~~375~~524.0567 0.00 2,~~713~~431,~~755~~155.7107 0.00 0.00 II-M-1 5,927,200.00 5,927,200.00 0.00 0.00 0.00 0.00 II-M-2 3,875,500.00 3,875,500.00 0.00 0.00 0.00 0.00 II-M-3 3,248,600.00 3,248,600.00 0.00 0.00 0.00 0.00 II-B 2,621,718.00 2,621,718.00 0.00 0.00 0.00 0.00 I-B-IO 0.00 0.00 0.00 0.00 0.00 0.00 II-B-IO 0.00 0.00 0.00 0.00 0.00 0.00 R 0.00 0.00 0.00 0.00 0.00 0.00 Totals 337,571,318.00 ~~278~~257,~~953~~631,~~704~~334.1568 0.00 7,~~831~~061,~~434~~900.5309 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 I-A-1 54,~~117~~630,~~678~~745.8202 7259,~~566~~318,~~632~~046.2798 0.~~62974375~~514771 54,~~117~~630,~~678~~745.8202 I-A-2 0.00 35,967,000.00 1.~~00000000~~000000 0.00 I-A-3 0.00 53,723,000.00 1.~~00000000~~000000 0.00 I-M-1 0.00 7,627,000.00 1.~~00000000~~000000 0.00 I-M-2 0.00 3,757,000.00 1.~~00000000~~000000 0.00 I-M-3 0.00 2,277,000.00 1.~~00000000~~000000 0.00 I-M-4 0.00 2,277,000.00 1.~~00000000~~000000 0.00 I-M-5 0.00 2,277,000.00 1.~~00000000~~000000 0.00 I-M-6 0.00 2,277,000.00 1.~~00000000~~000000 0.00 I-B 0.00 2,277,000.00 1.~~00000000~~000000 0.00 II-A 2,~~713~~431,~~755~~155.7107 7063,~~423~~119,~~619~~369.3460 0.~~74753888~~670005 2,~~713~~431,~~755~~155.7107 II-M-1 0.00 5,927,200.00 1.~~00000000~~000000 0.00 II-M-2 0.00 3,875,500.00 1.~~00000000~~000000 0.00 II-M-3 0.00 3,248,600.00 1.~~00000000~~000000 0.00 II-B 0.00 2,621,718.00 1.~~00000000~~000000 0.00 I-B-IO 0.00 0.00 0.~~00000000~~000000 0.00 II-B-IO 0.00 0.00 0.~~00000000~~000000 0.00 R 0.00 0.00 0.~~00000000~~000000 0.00 Totals 7,~~831~~061,~~434~~900.5309 ~~271~~250,~~122~~569,~~269~~434.6158 0.~~80315553~~742271 7,~~831~~061,~~434~~900.5309

Principal Distribution Factors Statement Class Original Beginning Scheduled ~~Unscheduled~~UnScheduled Accretion Face Certificate Principal Principal ~~Class (2)~~ Amount Balance Distribution Distribution ~~Accretion~~ I-A-1 115,232,000.00 ~~674~~554.~~15571282~~956887 0.~~00000000~~000000 4440.~~41195866~~186277 0.~~00000000~~000000 I-A-2 35,967,000.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 I-A-3 53,723,000.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 I-M-1 7,627,000.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 I-M-2 3,757,000.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 I-M-3 2,277,000.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 I-M-4 2,277,000.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 I-M-5 2,277,000.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 I-M-6 2,277,000.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 I-B 2,277,000.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 II-A 94,207,300.00 ~~776~~695.~~34509268~~811521 0.~~00000000~~000000 2825.~~80621470~~806440 0.~~00000000~~000000 II-M-1 5,927,200.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 II-M-2 3,875,500.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 II-M-3 3,248,600.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 II-B 2,621,718.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 I-B-IO 0.00 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 II-B-IO 0.00 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 R 0.00 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000 (2) All Classes are per $1,000 denomination~~000000

Principal Distribution Factors Statement (continued) Class Realized Total Ending Ending Total ~~Realized~~Loss Principal Certificate Certificate Principal ~~Class Loss (3)~~ Reduction Balance Percentage Distribution I-A-1 0.~~00000000~~000000 4440.~~41195866~~186277 ~~629~~514.~~74375408~~770610 0.~~62974375~~514771 4440.~~41195866~~186277 I-A-2 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 I-A-3 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 I-M-1 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 I-M-2 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 I-M-3 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 I-M-4 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 I-M-5 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 I-M-6 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 I-B 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 II-A 0.~~00000000~~000000 2825.~~80621470~~806440 ~~747~~670.~~53887799~~005080 0.~~74753888~~670005 2825.~~80621470~~806440 II-M-1 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 II-M-2 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 II-M-3 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 II-B 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 I-B-IO 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 II-B-IO 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 R 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 ~~(3)~~All ~~Amount~~Classes ~~Does~~are ~~Not~~per ~~Include Excess Special Hazard~~$1,000 ~~Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.~~denomination

Interest Distribution Statement ~~Beginning~~Class ~~Payment~~Accrual ofAccrual ~~Original~~ Current ~~Certificate/~~Beginning Current ~~Unpaid~~Payment ~~Current~~of ~~Face~~Dates Days Certificate ~~Notional~~Certificate/ Accrued ~~Interest~~Unpaid Interest ~~Class Amount~~ Rate Notional Balance Interest Shortfall ~~Shortfall~~ I-A-1 ~~115,232,000.00~~11/25/05 3- 12/26/05 32 4.~~79125~~34375% 7763,~~684~~948,~~311~~792.1001 ~~261~~246,~~796~~913.1339 0.00 ~~0.00~~ I-A-2 ~~35,967,000.00~~11/25/05 3- 12/26/05 32 4.~~94125~~49375% 35,967,000.00 ~~126~~143,~~004~~668.3918 0.00 ~~0.00~~ I-A-3 ~~53,723,000.00~~11/25/05 - 12/26/05 32 4.~~04125~~59375% 53,723,000.00 ~~192~~219,~~984~~368.9592 0.00 ~~0.00~~ I-M-1 ~~7,627,000.00~~11/25/05 - 12/26/05 32 4.~~14125~~69375% 7,627,000.00 2831,~~075~~821.8354 0.00 ~~0.00~~ I-M-2 ~~3,757,000.00~~11/25/05 - 12/26/05 32 4.~~44125~~99375% 3,757,000.00 1416,~~831~~676.8091 0.00 ~~0.00~~ I-M-3 ~~2,277,000.00~~11/25/05 4- 12/26/05 32 5.~~46125~~01375% 2,277,000.00 910,~~029~~147.5783 0.00 ~~0.00~~ I-M-4 ~~2,277,000.00~~11/25/05 4- 12/26/05 32 5.~~99125~~54375% 2,277,000.00 1011,~~102~~220.2955 0.00 ~~0.00~~ I-M-5 ~~2,277,000.00~~11/25/05 - 12/26/05 32 5.~~11125~~66375% 2,277,000.00 1011,~~345~~463.1743 0.00 ~~0.00~~ I-M-6 ~~2,277,000.00~~11/25/05 - 12/26/05 32 6.~~09125~~64375% 2,277,000.00 1213,~~328~~446.6995 0.00 ~~0.00~~ I-B ~~2,277,000.00~~11/25/05 6- 12/26/05 32 7.~~64125~~19375% 2,277,000.00 1314,~~441~~560.8915 0.00 ~~0.00~~ II-A ~~94,207,300.00~~11/25/05 3- 12/26/05 32 4.~~93125~~48375% 7365,~~137~~550,~~375~~524.0567 ~~255~~261,~~574~~255.4926 0.00 ~~0.00~~ II-M-1 ~~5,927,200.00~~11/25/05 - 12/26/05 32 4.~~19125~~74375% 5,927,200.00 2224,~~082~~993.1103 0.00 ~~0.00~~ II-M-2 ~~3,875,500.00~~11/25/05 - 12/26/05 32 4.~~44125~~99375% 3,875,500.00 1517,~~299~~202.6191 0.00 ~~0.00~~ II-M-3 ~~3,248,600.00~~11/25/05 - 12/26/05 32 5.~~09125~~64375% 3,248,600.00 1416,~~701~~297.7214 0.00 ~~0.00~~ II-B ~~2,621,718.00~~11/25/05 - 12/26/05 32 6.~~14125~~69375% 2,621,718.00 1415,~~311~~599.6722 0.00 ~~0.00~~ I-B-IO ~~0.00~~N/A N/A 0.00000% ~~192~~179,~~895~~998,~~205~~667.4687 0.00 0.00 ~~0.00~~ II-B-IO ~~0.00~~N/A N/A 0.00000% 9386,~~996~~409,~~652~~802.8648 0.00 0.00 ~~0.00~~ R ~~0.00~~N/A N/A 0.00000% 0.00 0.00 0.00 ~~0.00~~ Totals ~~337,571,318.00~~ 1,~~000~~054,~~910~~635.3141 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 I-A-1 0.00 0.00 ~~261~~246,~~796~~913.1339 0.00 7259,~~566~~318,~~632~~046.2798 I-A-2 0.00 0.00 ~~126~~143,~~004~~668.3918 0.00 35,967,000.00 I-A-3 0.00 0.00 ~~192~~219,~~984~~368.9592 0.00 53,723,000.00 I-M-1 0.00 0.00 2831,~~075~~821.8354 0.00 7,627,000.00 I-M-2 0.00 0.00 1416,~~831~~676.8091 0.00 3,757,000.00 I-M-3 0.00 0.00 910,~~029~~147.5783 0.00 2,277,000.00 I-M-4 0.00 0.00 1011,~~102~~220.2955 0.00 2,277,000.00 I-M-5 0.00 0.00 1011,~~345~~463.1743 0.00 2,277,000.00 I-M-6 0.00 0.00 1213,~~328~~446.6995 0.00 2,277,000.00 I-B 0.00 0.00 1314,~~441~~560.8915 0.00 2,277,000.00 II-A 0.00 0.00 ~~255~~261,~~574~~255.4926 0.00 7063,~~423~~119,~~619~~369.3460 II-M-1 0.00 0.00 2224,~~082~~993.1103 0.00 5,927,200.00 II-M-2 0.00 0.00 1517,~~299~~202.6191 0.00 3,875,500.00 II-M-3 0.00 0.00 1416,~~701~~297.7214 0.00 3,248,600.00 II-B 0.00 0.00 1415,~~311~~599.6722 0.00 2,621,718.00 I-B-IO 0.00 0.00 09,926.0094 0.00 ~~188~~175,~~062~~533,~~753~~957.8041 II-B-IO 0.00 0.00 ~~104~~53,~~978~~497.2776 0.00 9183,~~282~~978,~~897~~647.1541 R 0.00 0.00 0.00 0.00 0.00 Totals 0.00 0.00 1,~~105~~118,~~888~~060.5811 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~~ I-A-1 11/25/05 - 12/26/05 115,232,000.00 34.~~79125~~34375% ~~674~~554.~~15571282~~956887 2.~~27190477~~142750 0.~~00000000~~000000 ~~0.00000000~~ I-A-2 11/25/05 - 12/26/05 35,967,000.00 34.~~94125~~49375% 1000.~~00000000~~000000 3.~~50333333~~994444 0.~~00000000~~000000 ~~0.00000000~~ I-A-3 11/25/05 - 12/26/05 53,723,000.00 4.~~04125~~59375% 1000.~~00000000~~000000 34.~~59222214~~083333 0.~~00000000~~000000 ~~0.00000000~~ I-M-1 11/25/05 - 12/26/05 7,627,000.00 4.~~14125~~69375% 1000.~~00000000~~000000 34.~~68111053~~172222 0.~~00000000~~000000 ~~0.00000000~~ I-M-2 11/25/05 - 12/26/05 3,757,000.00 4.~~44125~~99375% 1000.~~00000000~~000000 34.~~94777748~~438890 0.~~00000000~~000000 ~~0.00000000~~ I-M-3 11/25/05 - 12/26/05 2,277,000.00 45.~~46125~~01375% 1000.~~00000000~~000000 34.~~96555556~~456667 0.~~00000000~~000000 ~~0.00000000~~ I-M-4 11/25/05 - 12/26/05 2,277,000.00 45.~~99125~~54375% 1000.~~00000000~~000000 4.~~43666667~~927778 0.~~00000000~~000000 ~~0.00000000~~ I-M-5 11/25/05 - 12/26/05 2,277,000.00 5.~~11125~~66375% 1000.~~00000000~~000000 45.~~54333333~~034444 0.~~00000000~~000000 ~~0.00000000~~ I-M-6 11/25/05 - 12/26/05 2,277,000.00 6.~~09125~~64375% 1000.~~00000000~~000000 5.~~41444444~~905556 0.~~00000000~~000000 ~~0.00000000~~ I-B 11/25/05 - 12/26/05 2,277,000.00 67.~~64125~~19375% 1000.~~00000000~~000000 56.~~90333333~~394444 0.~~00000000~~000000 ~~0.00000000~~ II-A 11/25/05 - 12/26/05 94,207,300.00 34.~~93125~~48375% ~~776~~695.~~34509268~~811521 2.~~71289475~~773195 0.~~00000000~~000000 ~~0.00000000~~ II-M-1 11/25/05 - 12/26/05 5,927,200.00 4.~~19125~~74375% 1000.~~00000000~~000000 34.~~72555507~~216667 0.~~00000000~~000000 ~~0.00000000~~ II-M-2 11/25/05 - 12/26/05 3,875,500.00 4.~~44125~~99375% 1000.~~00000000~~000000 34.~~94777706~~438888 0.~~00000000~~000000 ~~0.00000000~~ II-M-3 11/25/05 - 12/26/05 3,248,600.00 5.~~09125~~64375% 1000.~~00000000~~000000 45.~~52555562~~016666 0.~~00000000~~000000 ~~0.00000000~~ II-B 11/25/05 - 12/26/05 2,621,718.00 6.~~14125~~69375% 1000.~~00000000~~000000 5.~~45888993~~949999 0.~~00000000~~000000 ~~0.00000000~~ I-B-IO N/A 0.00 0.00000% ~~847~~790.~~17774004~~537351 0.~~00000000~~000000 0.~~00000000~~000000 ~~0.00000000~~ II-B-IO N/A 0.00 0.00000% ~~824~~758.~~64971928~~088902 0.~~00000000~~000000 0.~~00000000~~000000 ~~0.00000000~~ R N/A 0.00 0.00000% 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000 0.00000000 (5) All Classes are per $1,000 denomination~~000000

Interest Distribution Factors Statement (continued) ~~Remaining~~Class ~~Ending~~Current Non-Supported Total Remaining Unpaid ~~Certificate/~~Ending Interest ~~Realized~~Interest Interest Interest ~~Notional~~Certificate/ ~~Class~~ Shortfall ~~Losses~~ (61) Shortfall Distribution Shortfall(2) Notional Balance I-A-1 0.~~00000000~~000000 0.~~00000000~~000000 2.~~27190477~~142750 0.~~00000000~~000000 ~~629~~514.~~74375408~~770610 I-A-2 0.~~00000000~~000000 0.~~00000000~~000000 3.~~50333333~~994444 0.~~00000000~~000000 1000.~~00000000~~000000 I-A-3 0.~~00000000~~000000 0.~~00000000~~000000 34.~~59222214~~083333 0.~~00000000~~000000 1000.~~00000000~~000000 I-M-1 0.~~00000000~~000000 0.~~00000000~~000000 34.~~68111053~~172222 0.~~00000000~~000000 1000.~~00000000~~000000 I-M-2 0.~~00000000~~000000 0.~~00000000~~000000 34.~~94777748~~438890 0.~~00000000~~000000 1000.~~00000000~~000000 I-M-3 0.~~00000000~~000000 0.~~00000000~~000000 34.~~96555556~~456667 0.~~00000000~~000000 1000.~~00000000~~000000 I-M-4 0.~~00000000~~000000 0.~~00000000~~000000 4.~~43666667~~927778 0.~~00000000~~000000 1000.~~00000000~~000000 I-M-5 0.~~00000000~~000000 0.~~00000000~~000000 45.~~54333333~~034444 0.~~00000000~~000000 1000.~~00000000~~000000 I-M-6 0.~~00000000~~000000 0.~~00000000~~000000 5.~~41444444~~905556 0.~~00000000~~000000 1000.~~00000000~~000000 I-B 0.~~00000000~~000000 0.~~00000000~~000000 56.~~90333333~~394444 0.~~00000000~~000000 1000.~~00000000~~000000 II-A 0.~~00000000~~000000 0.~~00000000~~000000 2.~~71289475~~773195 0.~~00000000~~000000 ~~747~~670.~~53887799~~005080 II-M-1 0.~~00000000~~000000 0.~~00000000~~000000 34.~~72555507~~216667 0.~~00000000~~000000 1000.~~00000000~~000000 II-M-2 0.~~00000000~~000000 0.~~00000000~~000000 34.~~94777706~~438888 0.~~00000000~~000000 1000.~~00000000~~000000 II-M-3 0.~~00000000~~000000 0.~~00000000~~000000 45.~~52555562~~016666 0.~~00000000~~000000 1000.~~00000000~~000000 II-B 0.~~00000000~~000000 0.~~00000000~~000000 5.~~45888993~~949999 0.~~00000000~~000000 1000.~~00000000~~000000 I-B-IO 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~043598 0.~~00000000~~000000 ~~825~~770.~~95406334~~928759 II-B-IO 0.~~00000000~~000000 0.~~00000000~~000000 0.~~92099344~~469346 0.~~00000000~~000000 ~~800~~736.~~84144721~~759937 R 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~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~~All ~~Refer~~Classes toare ~~the~~per ~~Prospectus~~$1,000 ~~Supplement for a Full Description.~~denomination

~~CERTIFICATEHOLDER~~Certificateholder ~~ACCOUNT~~Component ~~STATEMENT~~Statement ~~CERTIFICATE~~Component ~~ACCOUNT~~ Beginning ~~Balance~~Ending ~~0.00~~Beginning ~~Deposits~~Ending ~~Payments~~Ending ofPass-Through ~~Interest~~Notional ~~and~~Notional ~~Principal~~Component ~~9,056,759.43~~Component ~~Liquidations,~~Component ~~Insurance~~Class ~~Proceeds,~~Rate ~~Reserve~~Balance ~~Funds~~Balance ~~0.00~~Balance Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 313,220.16 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 9,369,979.59 Withdrawals Reimbursement for Servicer Advances 337,296.66 Payment of Service Fee 95,359.82 Payment of Interest and Principal 8,937,323.11 Total Withdrawals (Pool Distribution Amount) 9,369,979.59 Ending Balance ~~0.00~~Percentage

~~SERVICING~~ADMINISTRATION FEES Gross Servicing Fee* 9286,~~969~~358.0501 Master Servicing Fee 2,~~390~~220.7707 Supported Prepayment/Curtailment Interest Shortfall 0.00 ~~Net~~Total ~~Servicing~~Administration ~~Fee~~Fees 9588,~~359~~578.8208 *Servicer Payees include: EMC MTG CORP; WELLS FARGO BANK, N.A.

~~OTHER~~Reserve ~~ACCOUNTS~~Accounts Account Name Beginning Current Withdrawals Current Deposits Ending ~~Account Type~~ Balance ~~Withdrawals Deposits~~ Balance Reserve Fund 10,000.00 510,~~398~~473.0673 510,~~398~~473.0673 10,000.00 OTHER ACCOUNTS Account Name Funds In (A) Funds Out(B) Net Amount(A - B) Gr I Sen Cert Yield ~~Maintenance Acc~~ 0.00 0.00 0.00 ~~0.00~~Maintenance Acc Gr I Sub Cert Yield ~~Maintenance Acc~~ 0.00 0.00 0.00 ~~0.00~~Maintenance Acc Class II-A Yield ~~Maintenance Acc~~ 0.00 0.00 0.00 ~~0.00~~Maintenance Acc Class II-B Yield ~~Maintenance Acc~~ 0.00 0.00 0.00 ~~0.00~~Maintenance Acc Class II-M-1 Yield ~~Maintenance Acc~~ 0.00 0.00 0.00 ~~0.00~~Maintenance Acc Class II-M-2 Yield ~~Maintenance Acc~~ 0.00 0.00 0.00 ~~0.00~~Maintenance Acc Class II-M-3 Yield ~~Maintenance Acc~~ 0.00 0.00 0.00 ~~0.00~~Maintenance Acc

~~LOAN~~COLLATERAL ~~STATUS STRATIFICATION/CREDIT ENHANCEMENT~~ STATEMENT ~~DELINQUENT~~Collateral ~~BANKRUPTCY~~Description ~~FORECLOSURE~~Mixed ~~REO~~Fixed ~~Total~~Weighted NoAverage ofGross ~~Loans~~Coupon No6.213480% ofWeighted ~~Loans~~Average NoNet ofCoupon ~~Loans~~5.824492% NoWeighted ofAverage ~~Loans~~Pass-Through NoRate of5.814492% ~~Loans~~Weighted ~~Principal~~Average ~~Balance~~Remaining ~~Principal~~Term ~~Balance~~308 ~~Principal~~Beginning ~~Balance~~Scheduled ~~Principal~~Collateral ~~Balance~~Loan ~~Principal~~Count ~~Balance 0-29 Days 27 0 0 27 2~~1,~~594,463.55~~739 ~~0.00~~Number ~~0.00~~Of ~~2,594,463.55~~Loans 30Paid ~~Days~~In ~~136~~Full 846 0Ending 0Scheduled ~~144~~Collateral ~~18,788,336.51~~Loan ~~821,902.10~~Count ~~0.00 0.00 19~~1,~~610,238.61~~693 60Beginning ~~Days~~Scheduled 69Collateral 4Balance ~~2 0 75 9~~266,~~261~~408,~~859~~470.7835 ~~394,633.00~~Ending ~~280,926.76~~Scheduled ~~0.00~~Collateral 9Balance 259,~~937~~512,~~419~~604.5482 90Ending ~~Days~~Actual 38Collateral 1Balance 5at 030-Nov-2005 ~~44 5~~259,~~568~~919,~~592~~686.6824 ~~25,642.52~~Monthly ~~451,014.50~~P&I ~~0.00~~Constant 61,~~045~~770,~~249~~321.7036 ~~120~~Special ~~Days~~Servicing 4Fee ~~2 11~~ 0 ~~17 901,392~~.~~34 185,426.51 1,747,746.17 0.~~00 ~~2,834,565.02~~Realized ~~150~~Loss ~~Days~~Amount ~~3 1 10 0 14 221~~6,~~557~~729.~~65 189,813.21 1,805,504.~~42 ~~0.00~~Cumulative ~~2,216,875.28~~Realized ~~180+~~Loss ~~Days 3 13 29 8 53 381~~28,~~134~~893.6681 ~~1,829,832.20~~Scheduled ~~3,201,023.30~~Principal ~~811~~397,~~635~~282.~~34 6,223,625.50 Totals 253 56~~ 57 8Unscheduled ~~374~~Principal ~~35,122,873.62~~ 6,~~041~~504,~~713~~980.09 7,486,215.15 811,635.34 49,462,437.20 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 1.487603% 0.000000% 0.000000% 1.487603% 0.927427% 0.000000% 0.000000% 0.927427% 30 Days 7.493113% 0.440771% 0.000000% 0.000000% 7.933884% 6.716151% 0.293800% 0.000000% 0.000000% 7.009951% 60 Days 3.801653% 0.220386% 0.110193% 0.000000% 4.132231% 3.310780% 0.141067% 0.100421% 0.000000% 3.552268% 90 Days 2.093664% 0.055096% 0.275482% 0.000000% 2.424242% 1.990570% 0.009166% 0.161221% 0.000000% 2.160958% 120 Days 0.220386% 0.110193% 0.606061% 0.000000% 0.936639% 0.322215% 0.066283% 0.624756% 0.000000% 1.013254% 150 Days 0.165289% 0.055096% 0.550964% 0.000000% 0.771350% 0.079199% 0.067851% 0.645403% 0.000000% 0.792453% 180+ Days 0.165289% 0.716253% 1.597796% 0.440771% 2.920110% 0.136242% 0.654099% 1.144250% 0.290130% 2.224721% Totals 13.939394% 3.085399% 3.140496% 0.440771% 20.606061% 12.555157% 2.159694% 2.676051% 0.290130% 17.681032%53

~~DELINQUENT~~Group ~~BANKRUPTCY~~Level ~~FORECLOSURE~~Collateral ~~REO~~Statement ~~Total~~Group Group I NoGroup ofII ~~Loans~~Total NoCollateral ofDescription ~~Loans~~Mixed NoFixed ofMixed ~~Loans~~Fixed NoMixed ofFixed ~~Loans~~Weighted NoAverage ofCoupon ~~Loans~~Rate ~~Principal~~6.354569 ~~Balance~~5.919579 ~~Principal~~6.213480 ~~Balance~~Weighted ~~Principal~~Average ~~Balance~~Net ~~Principal~~Rate ~~Balance Principal Balance 0-29 Days 21 0 0 21 2,083,692~~5.08968475 05.00524564 05.00824492 ~~2,083,692.08~~Weighted 30Average ~~Days~~Remaining 88Term 6293 0338 0308 94Beginning ~~11,314,173.52~~Loan ~~598~~Count 1,~~239.17~~261 ~~0.00~~478 ~~0.00 11~~1,~~912,412.69~~739 60Loans ~~Days~~Paid 45In 4Full 029 017 4946 ~~5,916,823.85~~Ending ~~394,633.00~~Loan ~~0.00~~Count ~~0.00 6~~1,~~311,456.85~~232 90461 ~~Days 30~~ 1,693 3Beginning 0Scheduled 34Balance 4179,~~198~~998,~~977~~667.8187 2586,~~642.52 259~~409,~~997~~802.1448 ~~0.00 4~~266,~~484~~408,~~617~~470.4735 ~~120~~Ending ~~Days~~Scheduled 2Balance ~~0 5 0 7 349~~175,~~810.62 0.00 414~~533,~~316~~957.8441 ~~0.00 764~~83,~~127.46 150 Days 1 0 4 0 5 46~~978,~~394~~647.2441 ~~0.00 328~~259,~~422~~512,604.82 ~~0.00~~Record ~~374,817.06~~Date ~~180+~~11/30/2005 ~~Days~~11/30/2005 111/30/2005 6Principal 17And 4Interest 28Constant ~~107~~1,~~005~~271,741.4625 ~~768~~498,~~384~~580.4111 1,~~456~~770,~~617~~321.9036 ~~362~~Scheduled Principal 318,~~583~~562.6895 278,~~694~~719.62 397,~~591~~282.4557 ~~Totals~~Unscheduled ~~167~~Principal ~~38 29~~ 4 ~~238 21~~,~~933~~146,~~185~~147.5051 32,~~870~~358,~~591~~833.1802 26,~~459~~504,~~354~~980.7053 ~~362~~Scheduled Interest 953,~~583~~178.6830 28426,~~625,715~~258.06 ~~0-29 Days~~ 1,379,436.~~604278%~~36 ~~0.000000%~~Servicing ~~0.000000%~~Fee 157,913.~~604278%~~70 128,444.~~105988%~~31 086,358.~~000000%~~01 ~~0.000000%~~Master ~~1.105988%~~Servicing 30Fee ~~Days 6~~1,499.~~722689%~~99 0720.~~458365%~~08 ~~0.000000% 0.000000% 7.181054% 6.005372% 0.317535% 0.000000% 0.000000% 6.322907% 60 Days 3.437739% 0.305577% 0.000000% 0.000000% 3.743316% 3.140550% 0.209465% 0.000000% 0.000000% 3.350014% 90 Days~~ 2,220.~~291826%~~07 ~~0.076394%~~Trustee ~~0.229183%~~Fee 0.~~000000%~~00 ~~2.597403% 2.228746%~~ 0.~~013611%~~00 0.~~138002%~~00 ~~0.000000%~~FRY ~~2.380359%~~Amount ~~120 Days~~ 0.~~152788%~~00 0.~~000000%~~00 0.~~381971%~~00 ~~0.000000%~~Special ~~0.534759%~~Hazard ~~0.185674%~~Fee 0.~~000000%~~00 0.~~219912%~~00 0.~~000000%~~00 ~~0.405586%~~Other ~~150~~Fee ~~Days~~ 0.~~076394%~~00 0.~~000000%~~00 0.~~305577%~~00 ~~0.000000%~~Pool ~~0.381971%~~Insurance ~~0.024625%~~Fee 0.~~000000%~~00 0.~~174321%~~00 0.~~000000%~~00 ~~0.198947%~~Spread ~~180+ Days 0.076394% 0.458365%~~ 1~~.298701%~~ 0.~~305577%~~00 ~~2.139037%~~ 0.056797% 0.407845% 0.773148% 0.192453% 1.430243% Totals 12.757830% 2.902979% 2.215432% 0.305577% 18.181818% 11.641763% 2.054444% 1.305384% 0.192453% 15.194045% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group II No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 6 0 0 6 510,771.47 0.00 0.00 ~~510,771.47~~Spread ~~30 Days 48~~ 2 0 ~~0 50 7,474,162~~.~~99 223,662.93 0.~~00 0.00 ~~7,697,825.92 60 Days 24~~ 0 ~~2 0 26 3,345,035~~.~~93 0.~~00 ~~280,926.76~~Spread ~~0.00~~ 3~~,625,962.69~~ ~~90 Days 8~~ 0 ~~2 0 10 1,369,614~~.~~87 0.~~00 ~~191,017.36~~ 0.00 ~~1,560,632.23 120 Days 2 2 6~~ 0 ~~10 551,581~~.~~72 185,426.51 1,333,429.33 0.~~00 ~~2,070,437.56~~Net ~~150~~Interest ~~Days 2 1 6 0 9 175~~893,~~163~~764.4161 ~~189~~397,~~813~~093.2167 1,~~477~~290,~~081~~858.6028 ~~0.00~~Realized ~~1,842,058.22~~Loss ~~180+~~Amount ~~Days 2 7 12~~ 4 ~~25 274~~,~~129~~067.2013 12,~~061,447~~662.7929 16,~~744,405~~729.4042 ~~449,051.66~~Cumulative ~~3,529,034.05~~Realized ~~Totals~~Loss ~~86 18 28 4 136 13~~26,~~189,688~~231.1252 2,~~171,121~~662.9129 528,~~026,860~~893.4581 ~~449,051.66~~Percentage ~~20,836,722.14~~of ~~0-29~~Cumulative ~~Days~~Losses ~~1.185771%~~ 0.~~000000%~~0115 0.~~000000%~~0023 ~~1.185771%~~ 0.~~559151%~~0085 ~~0.000000%~~Special ~~0.000000%~~Servicing ~~0.559151%~~Fee ~~30 Days 9.486166%~~ 0.~~395257%~~00 0.~~000000%~~00 0.~~000000%~~00 ~~9.881423%~~Pass-Through ~~8.182104%~~Rate ~~0.244848% 0.000000% 0.000000% 8.426952% 60 Days 4.743083% 0.000000% 0.395257% 0.000000%~~ 5.~~138340%~~958475 3.661872% 0.000000% 0.307536% 0.000000% 3.969408% 90 Days 1.581028% 0.000000% 0.395257% 0.000000% 1.976285% 1.499343% 0.000000% 0.209110% 0.000000% 1.708453% 120 Days 0.395257% 0.395257% 1.185771% 0.000000% 1.976285% 0.603827% 0.202990% 1.459730% 0.000000% 2.266546% 150 Days 0.395257% 0.197628% 1.185771% 0.000000% 1.778656% 0.191755% 0.207792% 1.616988% 0.000000% 2.016535% 180+ Days 0.395257% 1.383399% 2.371542% 0.790514% 4.940711% 0.300094% 1.161986% 1.909633% 0.491585% 3.863298% Totals 16.996047% 3.557312% 5.~~533597%~~514564 ~~0.790514% 26.877470% 14.438994% 2.376767%~~ 5.~~502997% 0.491585% 22.810343%~~814492

~~OTHER~~Additional ~~INFORMATION~~Reporting ~~Current~~- ~~Period~~Group ~~Class~~Level AMiscellaneous ~~Insufficient~~Reporting ~~Funds~~Group I 3 Months Rolling DLQ Average Percentage 0.089425% Excess Cashflow Amount 174,476.72 Overcollateralized Amount 3,756,910.43 Overcollateralized Deficiency Amount 0.00 ~~Principal~~Overcollateralized ~~Balance~~Increase ofAmount ~~Contaminated~~170,101.69 ~~Properties~~Overcollateralized Reduction Amount 0.00 ~~Periodic~~Specified ~~Advance~~O/C ~~313~~Amount 3,~~220~~756,910.1643 Trigger Event in a Group I YES Group II 3 Months Rolling DLQ Average Percentage 0.163971% Excess Cashflow Amount 61,711.97 Overcollateralized Amount 5,186,259.81 Overcollateralized Deficiency Amount 0.00 Overcollateralized Increase Amount 2,662.29 Overcollateralized Reduction Amount 0.00 Specified O/C Amount 5,186,259.81 Trigger Event in a Group II YES

~~Summary~~LOAN 12STATUS ~~Month~~STRATIFICATION/CREDIT ~~REO~~ENHANCEMENT History*STATEMENT ~~New~~DELINQUENT BANKRUPTCY FORECLOSURE REO TOTAL No of Loans ~~Month~~No ~~REO~~of ~~Percentage~~Loans No of Loans inNo ~~REO~~of 2Loans ~~Oct-04~~No ~~0.000%~~of ~~Original~~Loans Principal Balance ~~166,350.00~~Principal ~~Nov-04~~Balance ~~0.000%~~Principal ~~Current~~Balance Principal Balance ~~165,426.35~~Principal ~~Dec-04~~Balance 0~~.000% Jan~~-0529 ~~0.000%~~Days ~~Current~~35 ~~REO~~0 ~~Total~~0 ~~Feb-05~~35 03,644,071.~~000%~~75 ~~Loans in REO 8 Mar-05~~ 0.~~000%~~00 ~~Original Principal Balance 818,275~~0.00 ~~Apr-05 0~~3,644,071.~~000%~~75 ~~Current~~30 ~~Principal~~Days ~~Balance~~1 ~~811,635.34~~0 ~~May-05~~0 0~~.044%~~ ~~Jun-05~~1 078,791.~~116%~~86 ~~Jul-05~~ 0.~~180%~~00 ~~Aug-05~~ 0.~~225%~~00 ~~Sep-05~~ 0.~~290%~~00 *The78,791.86 ~~text~~60 ~~reported~~Days in61 ~~the~~5 ~~above~~1 ~~table~~0 is67 ~~presented~~8,020,586.75 ~~graphically~~295,221.59 on103,781.91 ~~the~~0.00 ~~monthly bond remittance report~~8,419,590.25 ~~The~~90 ~~monthly~~Days ~~bond~~29 ~~remittance~~5 ~~report~~5 ~~can~~0 be39 ~~viewed~~4,133,026.39 ~~online~~517,453.46 at602,490.51 ~~www~~0.~~ctslink~~00 5,252,970.~~com.~~36 ~~Group~~120 IDays 1219 ~~Month~~4 ~~REO~~7 History*0 ~~New~~30 ~~REO~~2,905,682.08 ~~Loans~~490,707.07 ~~Month~~916,198.89 ~~REO~~0.00 ~~Percentage~~4,312,588.04 ~~Loans~~150 inDays ~~REO~~6 2 ~~Oct-04~~13 0~~.000%~~ ~~Original~~21 ~~Principal Balance 166~~1,~~350~~544,407.0048 ~~Nov-04 0~~277,513.~~000%~~41 ~~Current Principal Balance 165~~1,~~426~~529,664.~~35 Dec-~~04 0.~~000%~~00 ~~Jan-05 0~~3,351,584.~~000%~~93 ~~Current~~180+ ~~REO~~Days ~~Total~~2 ~~Feb-05~~20 ~~0.000%~~28 ~~Loans~~13 in63 ~~REO~~513,588.48 43,403,860.48 ~~Mar-05~~3,057,688.81 01,397,476.~~000%~~23 ~~Original Principal Balance 367~~8,~~050~~372,614.00 ~~Apr-05~~Totals ~~0.000%~~118 ~~Current~~71 ~~Principal~~54 ~~Balance~~13 ~~362~~256 17,~~583~~196,083.6804 ~~May-05~~8,628,827.76 06,209,824.~~000%~~16 ~~Jun-05~~1,397,476.23 033,432,211.~~042%~~19 ~~Jul-05~~No ~~0.043%~~of ~~Aug-05~~Loans ~~0.102%~~No ~~Sep-05~~of ~~0.192%~~Loans *TheNo ~~text~~of ~~reported~~Loans inNo ~~the~~of ~~above~~Loans ~~table~~No isof ~~presented~~Loans ~~graphically~~Principal onBalance ~~the~~Principal ~~monthly~~Balance ~~bond~~Principal ~~remittance~~Balance ~~report.~~Principal ~~The~~Balance ~~monthly~~Principal ~~bond~~Balance ~~remittance~~0-29 ~~report~~Days ~~can~~2.067336% be0.000000% ~~viewed~~0.000000% ~~online~~2.067336% at1.401999% ~~www~~0.~~ctslink~~000000% 0.~~com~~000000% 1.401999% ~~Group~~30 IIDays 120.059067% ~~Month~~0.000000% ~~REO~~0.000000% History*0.000000% ~~New~~0.059067% ~~REO~~0.030314% ~~Loans~~0.000000% ~~Month~~0.000000% ~~REO~~0.000000% ~~Percentage~~0.030314% ~~Loans~~60 inDays ~~REO~~3.603071% 0.295334% ~~Oct-04~~0.059067% 0.~~000~~000000% ~~Original~~3.957472% ~~Principal~~3.085794% ~~Balance~~0.113582% 0.00039928% ~~Nov-04~~ 0.~~000~~000000% ~~Current~~3.239305% ~~Principal~~90 ~~Balance~~Days 1.712936% 0.00295334% ~~Dec-04~~ 0.~~000~~295334% ~~Jan-05~~ 0.~~000~~000000% ~~Current~~2.303603% ~~REO~~1.590117% ~~Total~~0.199082% ~~Feb-05~~0.231799% 0.~~000~~000000% ~~Loans~~2.020997% in120 ~~REO~~Days 41.122268% ~~Mar-05~~0.236267% 0.~~000~~413467% ~~Original~~0.000000% ~~Principal~~1.772002% ~~Balance~~1.117915% ~~451,225~~0.00188792% ~~Apr-05~~0.352493% 0.~~000~~000000% ~~Current~~1.659200% ~~Principal~~150 ~~Balance~~Days ~~449,051~~0.66354400% ~~May-05~~0.118133% 0.~~132~~767868% ~~Jun-05~~ 0.~~266~~000000% ~~Jul-05~~1.240402% 0.~~454~~594186% ~~Aug-05~~0.106769% 0.~~477~~588514% ~~Sep-05~~ 0.~~492~~000000% *The1.289469% ~~text~~180+ ~~reported~~Days in0.118133% ~~the~~1.181335% ~~above~~1.653869% ~~table~~0.767868% is3.721205% ~~presented~~0.197595% ~~graphically~~1.309582% on1.176398% ~~the~~0.537657% ~~monthly~~3.221231% ~~bond~~Totals ~~remittance~~6.969876% ~~report~~4.193739% ~~The~~3.189604% ~~monthly~~0.767868% ~~bond~~15.121087% ~~remittance~~6.615922% ~~report~~3.319805% ~~can~~2.389132% be0.537657% ~~viewed online at www~~12.~~ctslink.com.~~862516%

~~REO~~OTHER ~~Loan~~INFORMATION ~~Detail - All Mortgage Loans in REO during~~ Current Period ~~Month~~Class ~~Loan~~A ~~First~~Insufficient ~~Original~~Funds ~~Loan~~0.00 ~~Entered Payment LTV at~~ Principal ~~Group Number REO Date State Origination~~ Balance ~~Group~~of IContaminated ~~0000227443~~Properties ~~Aug-2005 01-Aug-2002 OH 98~~0.~~88 114,700.~~00 ~~Group~~Periodic IAdvance ~~0003091663 Sep-2005 01-May-2004 OR 90.00 99~~308,~~000~~526.00 Group I 0038884631 Sep-2005 01-Jul-2004 FL 97.61 67,350.00 Group I 0082529264 Jun-2005 01-Feb-2004 TX 100.00 86,000.00 Group II 0038547204 May-2005 01-Jul-2004 MO 92.98 140,400.00 Group II 0134263862 Jun-2005 01-Feb-2004 MO 65.00 91,000.00 Group II 0135423275 Jul-2005 01-Apr-2004 MI 85.00 178,500.00 Group II 0137373825 Jun-2005 01-Jul-2004 TN 95.00 41,325.0056

Delinquency Status By Group DELINQUENT BANKRUPTCY FORECLOSURE REO ~~Loan~~TOTAL ~~Detail~~Group -I ~~All~~No ~~Mortgage~~of Loans inNo ~~REO~~of ~~during~~Loans ~~Current~~No ~~Period~~of ~~(continued)~~Loans ~~Current~~No ~~Paid~~of ~~Current~~Loans ~~Approximate~~No ~~Loan~~of Loans Principal ToBalance ~~Months~~Principal ~~Loan~~Balance ~~Delinquent~~Principal ~~Group~~Balance ~~Number~~Principal Balance ~~Date~~Principal ~~Delinquent~~Balance ~~Rate~~0-29 ~~Interest~~Days ~~Group~~30 I0 ~~0000227443~~0 ~~112~~30 3,~~156~~158,692.4314 ~~01-Oct-2004~~0.00 100.00 73,158,692.~~500%~~14 30 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 60 Days 44 4 0 0 48 5,~~390~~578,217.3552 ~~Group~~272,644.69 I0.00 ~~0003091663~~0.00 985,~~321~~850,862.8921 ~~01-Nov-2004~~90 9Days 720 4 2 0 26 2,827,017.~~500%~~37 410,790.10 166,577.27 0.00 3,404,384.74 120 Days 12 0 2 0 14 1,676,906.03 0.00 159,209.87 0.00 1,836,115.90 150 Days 4 2 6 0 12 1,~~575~~228,419.5044 ~~Group~~277,513.41 I434,630.54 ~~0038884631~~0.00 671,~~104~~940,563.39 180+ Days 1 9 17 7 34 107,005.46 01954,393.19 1,471,205.05 643,513.22 3,176,116.92 Totals 81 49 27 7 164 11,417,565.82 5,074,033.53 2,231,622.73 643,513.22 19,366,735.30 0-~~Oct-2004~~29 10Days 62.~~500~~435065% 0.000000% 0.000000% 2~~,779~~.84435065% ~~Group~~1.795903% I0.000000% ~~0082529264~~0.000000% ~~85,000~~1.795903% 30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 60 Days 3.571429% 0.324675% 0.000000% 0.000000% 3.896104% 3.171546% 0.155015% 0.000000% 0.000000% 3.326561% 90 ~~01-Nov-2004~~Days 91.623377% 0.324675% 0.162338% 0.000000% 2.110390% 1.607326% 0.233558% 0.094709% 0.000000% 1.935594% 120 Days 0.974026% 0.000000% 0.162338% 0.000000% 1.136364% 0.953420% 0.000000% 0.090520% 0.000000% 1.043940% 150 Days 0.324675% 0.162338% 0.487013% 0.000000% 0.974026% 0.698429% 0.157783% 0.247113% 0.000000% 1.103325% 180+ Days 0.081169% 0.730519% 1.379870% 0.568182% 2.759740% 0.060839% 0.542629% 0.836467% 0.365875% 1.805810% Totals 6.~~750~~574675% 3~~,529~~.94977273% 2.191558% 0.568182% 13.311688% 6.491560% 2.884888% 1.268809% 0.365875% 11.011132% DELINQUENT BANKRUPTCY FORECLOSURE REO TOTAL Group II ~~0038547204~~No ~~139~~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 5 0 0 5 485,~~692~~379.7361 ~~01-Oct-2004~~0.00 100.00 4485,379.~~875%~~61 430 Days 1 0 0 0 1 78,~~273~~791.86 0.00 0.00 0.00 78,791.86 60 ~~Group~~Days II17 ~~0134263862~~1 1 0 19 2,442,369.23 22,576.90 103,~~585~~781.9891 ~~01-Nov-2004~~0.00 2,568,728.04 90 Days 9 101 3 0 13 1,306,009.~~950%~~02 6106,~~301~~663.7636 ~~Group~~435,913.24 II0.00 ~~0135423275~~1,848,585.62 ~~177~~120 Days 7 4 5 0 16 1,~~635~~228,776.6005 ~~01-Jan-2005~~490,707.07 756,989.02 0.00 2,476,472.14 150 Days 2 0 7 100 9 315,988.~~250%~~04 110.00 1,~~823~~095,033.50 0.00 1,411,021.54 ~~Group~~180+ IIDays ~~0137373825~~1 4111 11 6 29 406,~~137~~583.3502 2,449,467.29 1,586,483.76 753,963.01 5,196,497.08 Totals 37 22 27 6 92 5,778,517.22 3,554,794.23 3,978,201.43 753,963.01 14,065,475.89 0-~~Dec-2004~~29 Days 1.084599% 0.000000% 0.000000% 1.084599% 0.577582% 0.000000% 0.000000% 0.577582% 30 Days 0.216920% 0.000000% 0.000000% 0.000000% 0.216920% 0.093759% 0.000000% 0.000000% 0.000000% 0.093759% 60 Days 3.687636% 0.216920% 0.216920% 0.000000% 4.121475% 2.906321% 0.026866% 0.123496% 0.000000% 3.056683% 90 Days 1.952278% 0.216920% 0.650759% 0.000000% 2.819957% 1.554098% 0.126925% 0.518719% 0.000000% 2.199742% 120 Days 1.518438% 0.867679% 1.084599% 0.000000% 3.470716% 1.462194% 0.583922% 0.900786% 0.000000% 2.946902% 150 Days 0.433839% 0.000000% 1.518438% 0.000000% 1.952278% 0.376013% 0.000000% 1.303046% 0.000000% 1.679059% 180+ Days 0.216920% 2.386117% 2.386117% 1.301518% 6.290672% 0.483817% 2.914767% 1.887852% 0.897186% 6.183622% Totals 8.026030% 74.~~500~~772234% 5.856833% 1~~,981~~.47301518% 19.956616% 6.876203% 4.230062% 4.733900% 0.897186% 16.737350%

~~Summary~~180+ 12Delinquency ~~Month~~Summary ~~Foreclosure~~Summary History*Group ~~New~~I ~~Foreclosure~~Days ~~Loans~~Number ~~Month~~of ~~Foreclosure~~Aggregate Percentage ~~Loans~~of inNumber ~~Foreclosure~~of 9Aggregate ~~Oct-04~~Percentage ~~0.000%~~of ~~Original~~Delinquent ~~Principal~~Loans Outstanding Balance(%) ~~1,105,100.00~~Loans ~~Nov-04~~Oustanding ~~0.000~~Balance(%) ~~Current~~Balance($) ~~Principal~~ Balance($) 180 - 209 8 1,~~084~~082,~~653~~264.6960 ~~Dec-04~~ 0.~~000%~~416 ~~Jan-05~~6 0704,049.~~000% Current Foreclosure Total Feb-~~05 0.~~000%~~400 ~~Loans~~210 ~~in Foreclosure 57 Mar~~-05 ~~0.890%~~239 ~~Original~~11 ~~Principal Balance 7~~1,~~674~~861,~~870~~748.8220 ~~Apr-05 1~~0.~~798%~~716 ~~Current~~2 ~~Principal Balance 7~~174,~~486,215~~308.1520 ~~May-05 1~~0.~~717%~~099 ~~Jun~~240 -05 ~~2.046%~~269 ~~Jul-05~~11 21,695,627.~~367%~~08 ~~Aug-05 2~~0.~~832%~~652 ~~Sep-05~~5 2374,817.~~676%~~06 *The text reported in the above table is presented graphically on the monthly bond remittance report0.213 ~~The~~270 ~~monthly~~- ~~bond~~299 ~~remittance~~9 ~~report can be viewed online at www~~1,046,445.~~ctslink.com.~~90 ~~Group I 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 7 Oct-04~~ 0.~~000%~~403 ~~Original~~6 ~~Principal Balance 896~~583,~~900~~912.0035 ~~Nov-04~~ 0.~~000%~~332 ~~Current~~300 ~~Principal~~- ~~Balance~~329 ~~877~~7 976,~~558~~022.7369 ~~Dec-04~~ 0.~~000%~~376 ~~Jan-05~~3 0420,299.~~000%~~55 ~~Current Foreclosure Total Feb-05~~ 0.~~000%~~239 ~~Loans~~330 ~~in Foreclosure 29 Mar~~-05 ~~0.140%~~359 ~~Original~~6 ~~Principal Balance 2~~514,~~533,687~~311.0011 ~~Apr-05~~ 0.~~892%~~198 ~~Current~~4 ~~Principal Balance 2~~318,~~459,354~~201.7003 ~~May-05 1~~0.~~190%~~181 ~~Jun-05~~360 ~~1.196% Jul~~-05 ~~1.204%~~389 ~~Aug-05~~5 1318,538.~~122%~~72 ~~Sep-05 1~~0.~~305%~~123 *The4 ~~text reported in the above table is presented graphically on the monthly bond remittance report~~280,899.30 ~~The monthly bond remittance report can be viewed online at www~~0.~~ctslink.com.~~160 ~~Group~~390 ~~II 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 2 Oct~~-04 ~~0.000%~~419 ~~Original~~6 ~~Principal Balance 208~~877,~~200~~655.0070 ~~Nov-04~~ 0.~~000%~~338 ~~Current~~4 ~~Principal Balance 207~~319,~~094~~630.9638 ~~Dec-04~~ 0.~~000%~~182 ~~Jan-05 0.000% Current Foreclosure~~ Total ~~Feb-05~~63 ~~0.000% Loans in Foreclosure 28 Mar-05 2.392% Original Principal Balance 5~~8,~~141~~372,~~183~~614.8200 ~~Apr-05~~ 3.~~595%~~222 ~~Current~~34 ~~Principal Balance 5~~3,~~026~~176,~~860~~116.4592 ~~May-05 2~~1.759% Jun-05 3.747% Jul-05 4.692% Aug-05 6.346% Sep-05 5.503% *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.806

~~Foreclosure~~180+ ~~Loan~~Delinquency ~~Detail~~Summary -(continued) ~~All~~Group ~~Mortgage~~II ~~Loans~~Days inNumber ~~Foreclosure~~of ~~during~~Aggregate ~~Current~~Percentage ~~Period~~of ~~Month~~Delinquent ~~Loan~~Loans ~~First~~Outstanding ~~Original~~Balance(%) ~~Loan Entered Payment LTV at Principal Group Number FC Date State Origination~~ Balance($) ~~Group~~180 ~~I 0000081979 Apr~~-~~2005~~ ~~01-Apr-2004~~209 OH2 ~~85.00 76~~378,~~500~~215.00 Group I 0000130611 Sep-2005 01-May-2002 KS 97.92 94,000.00 Group I 0000562612 Jul-2005 01-Sep-2002 MN 98.28 80,100.00 Group I 0000928098 Sep-2005 01-Sep-1999 UT 51.87 111,000.00 Group I 0000L17090 Sep-2005 01-Mar-2004 GA 90.00 176,400.00 Group I 0001673849 Aug-2005 01-Dec-1996 IN 60.00 30,000.00 Group I 0002958238 Apr-2005 01-Sep-1997 NY 98.11 55~~,925.00~~ ~~Group I 0004009148 Apr-2005 01-Jan-2003 NJ 85~~0.00450 ~~105,400.00~~210 ~~Group I 0006408659 Apr~~-~~2005~~ ~~01-Oct-1997~~239 IL9 ~~93.56 23~~1,~~390.00 Group I 0006574098 Aug-2005 01-May-1998 IL 64.15 44~~687,~~907~~440.00 ~~Group I 0006703091 Aug-2005 01-Mar-1998 NC 100~~2.00008 ~~93,500.00~~240 ~~Group I 0007195771 Jul~~-~~2005~~ ~~01-Dec-1998~~269 MN6 ~~99.86 53~~1,~~425.00 Group I 0008098831 Jun-2005 01-May-2000 IN 96.77 90~~320,~~000~~810.0002 ~~Group I 0040096811 Jun-2005 01-Nov-2003 IL 95~~1.00572 ~~104,500.00~~270 ~~Group I 0128633641 May~~-~~2005~~ ~~01-Jun-2003~~299 IN3 ~~85.00 108~~462,~~800~~533.0055 ~~Group I 0131897712 May-2005 01-Oct-2003 AL 100~~0.00 131,000.00 Group I 0132209347 Jun-2005 01-Nov-2003 TX 70.00 37,800.00 Group I 0134957661 May-2005 01-Apr-2004 IN 70.00 38,080.00 Group I 0135098242 Sep-2005 01-Apr-2004 MS 80.00 50,000.00 Group I 0135491686 Jul-2005 01-Feb-2004 MS 90.00 44,100.00 Group I 0135675122 Sep-2005 12-Apr-2004 KY 85.00 85,000.00 Group I 0136198504 Aug-2005 01-Jun-2004 VA 70.00 77,000.00 Group I 0136560349 Sep-2005 01-May-2004 OH 73.09 106,000.00 Group I 0141160812 Apr-2005 01-Feb-2003 OH 89.69 87,000.00 Group I 0201053162 Jul-2005 01-May-2004 OH 90.00 74,700.00 Group I 4000069616 Jul-2005 01-May-2004 GA 98.95 108,760.00 Group I 5645000388 Sep-2005 01-Jun-2004 NM 90.00 274,500.00 Group I 6451545336 Jul-2005 01-Aug-2000 FL 93.73 111,550~~.00~~ Group I 9561100313 Apr-2005 01-Jul-2004 KS 85.00 60,350.00 Group II 0016921967 Jul-2005 01-Feb-1999 NJ 79.65 180,000.00 Group II 0026551010 Jun-2005 01-May-1999 MI 80.00 292,000.00 Group II 0036362374 Jul-2005 01-May-2000 CA 89.83 265,000.00 Group II 0039587860 Jun-2005 01-Oct-2000 IL 93.25 152,000.00 Group II 0063420855 Jul-2005 01-Oct-2004 CO 79.52 416,701.82 Group II 0100336866 May-2005 01-Dec-2001 CO 75.77 227,300~~.00~~ ~~Group II 0126549229 Jul~~-~~2005~~ ~~01-Mar-2003~~329 MS4 ~~80.00 94~~555,~~400~~723.0014 ~~Group II 0127830198 Aug-2005 01-May-2003 IA 85~~0.00661 ~~68,000.00~~330 ~~Group II 0128080553 Aug~~-~~2005~~ ~~01-Aug-2003~~359 MN2 ~~80.00~~ 196,~~000~~110.0008 ~~Group II 0129971164 Mar-2005 01-Aug-2003 MO 85~~0.00233 ~~209,100.00~~360 ~~Group II 0132157397 Jun~~-~~2005~~ ~~01-Nov-2003~~389 AK1 ~~85.00 136~~37,~~000~~639.0042 ~~Group II 0132302373 Apr-2005 01-Oct-2003 NY 90~~0.00045 ~~423,000.00~~390 ~~Group II 0132440074 Aug~~-~~2005~~ ~~01-Nov-2003~~419 WA2 ~~80.00 216~~558,~~000~~025.00 Group II 0133131474 Jun-2005 01-Dec-2003 WI 80.00 71,200.00 Group II 0134122134 Mar-2005 01-Feb-2004 SC 62.30 38,000.00 Group II 0134149335 Jun-2005 01-Feb-2004 FL 90.00 73,800.00 Group II 0134185545 Aug-2005 01-Feb-2004 MI 80.00 80,000.00 Group II 0134242478 Jul-2005 01-Feb-2004 MO 90.00 117,000.00 Group II 0135066678 Aug-2005 01-Apr-2004 TX 85.00 303,832.00 Group II 0135356749 Jul-2005 01-Apr-2004 IL 70.65 32~~,500.00~~ ~~Group II 0136257292 Jul-2005 01-May-2004 LA 85~~0.00664 ~~98,600.00~~Total ~~Group~~29 ~~II 0136731973 Sep-2005 01-May-2004 MS 90.00 79~~5,~~200.00 Group II 0137214102 Aug-2005 01-Jun-2004 NJ 72.88 223~~196,~~000~~497.0008 ~~Group II 0137446605 Aug-2005 01-Jun-2004 IA 85~~6.00183 ~~104,550.00~~This ~~Group~~report IIincludes ~~0138424817~~all ~~Apr-2005~~loans ~~01-Sep-2004~~greater ILthan ~~90.00~~180 ~~126,000.00~~days ~~Group~~delinquent IIregardless ~~0200617223~~of ~~Aug-2005~~status ~~01-Feb-2004 CA 78.86 649~~(REO,~~000.00~~ ~~Group II 3000002274 Sep-2005 01-Nov-2004 PA 84.87 129~~Foreclosure,~~000.00~~ ~~Group II 7019655260 Apr-2005 10-Sep-1998 CA 45~~Bankruptcy).~~16 140,000.00~~

REO Detail - All Mortgage Loans in REO during Current Period

~~Foreclosure~~Summary ~~Loan~~12 ~~Detail~~Month -REO ~~All~~History* ~~Mortgage~~New REO Loans inMonth ~~Foreclosure~~REO ~~during~~Percentage ~~Current~~Loans ~~Period~~in ~~(continued)~~REO ~~Current~~2 ~~Paid Current Approximate Loan Principal To Months Loan Delinquent Group Number Balance Date Delinquent Rate Interest Group I 0000081979 75,926.61 01~~Jan-~~Nov-2004~~05 ~~9 7~~0.~~640~~000% ~~3,604.17~~Original ~~Group~~Principal IBalance ~~0000130611 91~~163,~~330~~800.2800 01Feb-~~Apr-2005~~05 ~~4 7~~0.~~910~~000% ~~3,493.21~~Current ~~Group~~Principal IBalance ~~0000562612 77~~163,~~687~~015.6441 01Mar-~~Feb-2005~~05 ~~6 6~~0.~~500~~000% ~~3,229.32 Group I 0000928098 103,537.97 01-~~Apr-~~2005~~05 ~~4 8~~0.~~625~~000% ~~4,199.80~~Current ~~Group~~REO ITotal ~~0000L17090 174,453.11 01~~May-~~Mar-2005~~05 ~~5 7~~0.~~000~~044% ~~6,602.75~~Loans ~~Group~~in IREO ~~0001673849~~13 ~~27,327.85 01~~Jun-~~Mar-2005~~05 ~~5 8~~0.~~750~~116% ~~1,311.59~~Original ~~Group~~Principal IBalance ~~0002958238 51~~1,~~349~~424,815.1600 01Jul-~~Nov-2004~~05 ~~9 8~~0.~~000~~180% ~~2,632.92~~Current ~~Group~~Principal IBalance ~~0004009148 103~~1,~~530~~397,476.9823 01Aug-~~Nov-2004~~05 ~~9 8~~0.~~250~~225% ~~5,334.44 Group I 0006408659 21,649.90 01~~Sep-~~Nov-2004~~05 ~~9 8~~0.~~375~~290% ~~1,164.97 Group I 0006574098 41,047.95 01~~Oct-~~Mar-2005~~05 ~~5 7~~0.~~500~~395% ~~1,731.09 Group I 0006703091 85,593.91 01~~Nov-~~Mar-2005~~05 ~~5 7~~0.~~500~~651% ~~3,609.75 Group I 0007195771 47,262.15 01~~Dec-~~Feb-2005~~05 ~~6 6~~0.~~500~~538% ~~1,882.23~~*The ~~Group~~text Ireported ~~0008098831~~in ~~86,192.49~~the ~~01-Jan-2005~~above 7table ~~9.000%~~is ~~5,013.39~~presented ~~Group~~graphically Ion ~~0040096811~~the ~~103,422.96~~monthly ~~01-Dec-2004~~bond 8remittance 7report.~~750%~~ ~~4,980.94~~The ~~Group~~monthly Ibond ~~0128633641~~remittance ~~101,895.38~~report ~~01-Dec-2004~~can 8be ~~8.875%~~viewed ~~5,659.26~~online ~~Group~~at ~~I 0131897712 129,779~~www.~~71 01-Dec-2004 8 8~~ctslink.~~625% 7,225~~com.22 Group I ~~0132209347~~12 ~~37,398.71~~Month ~~01-Dec-2004~~REO 8History* ~~9.875%~~New ~~2,332.86~~REO ~~Group~~Loans IMonth ~~0134957661~~REO ~~37,859.19~~Percentage ~~01-Jan-2005~~Loans 7in ~~8.875%~~REO ~~2,172.54~~1 ~~Group I 0135098242 48,148.66 01~~Jan-~~May-2005~~05 ~~3 9~~0.~~625~~000% ~~1,875.30~~Original ~~Group~~Principal IBalance ~~0135491686 43~~37,~~810~~800.8500 ~~01-~~Feb-~~2005~~05 ~~6 9~~0.~~990~~000% ~~2,841.36~~Current ~~Group~~Principal IBalance ~~0135675122 82~~37,~~977~~398.9271 ~~12-~~Mar-~~2005~~05 ~~4 7~~0.000% ~~2,785.63 Group I 0136198504 76,638.82 01-~~Apr-~~2005~~05 ~~4 10~~0.~~375~~000% ~~3,877.20~~Current ~~Group~~REO ITotal ~~0136560349 104,539.14 01-~~May-~~2005~~05 ~~3 5~~0.~~950~~000% ~~2,480.24~~Loans ~~Group~~in IREO ~~0141160812 85,200.36 01-Oct-2004 10~~ 7~~.250%~~ ~~3,821.46 Group I 0201053162 74,055.96 01~~Jun-~~Feb-2005~~05 ~~6 6~~0.~~875~~042% ~~3,140.25~~Original ~~Group~~Principal IBalance ~~4000069616 107~~665,~~309~~995.3400 01Jul-~~May-2005~~05 ~~3 6~~0.~~000~~043% ~~2,456.52~~Current ~~Group~~Principal IBalance ~~5645000388 272~~643,~~571~~513.6522 01Aug-~~Nov-2004~~05 ~~9 6~~0.~~750~~102% ~~11,320.71 Group I 6451545336 107,024.20 01~~Sep-~~Feb-2005~~05 ~~6 8~~0.~~500~~192% ~~5,694.51 Group I 9561100313 59,831.85 01~~Oct-~~Apr-2005~~05 ~~4 6~~0.~~900~~265% ~~1,912.04 Group II 0016921967 163,404.51 01~~Nov-~~Mar-2005~~05 ~~5 4~~0.~~648~~527% ~~3,952.54 Group II 0026551010 276,487.92 01~~Dec-~~Feb-2005~~05 ~~6 5~~0.~~107~~366% ~~7,437.02~~*The ~~Group~~text IIreported ~~0036362374~~in ~~256,433.13~~the ~~01-Mar-2005~~above 5table ~~6.126%~~is ~~7,904.56~~presented ~~Group~~graphically IIon ~~0039587860~~the ~~145,896.55~~monthly ~~01-Feb-2005~~bond 6remittance 8report.~~500%~~ ~~7,762.88~~The ~~Group~~monthly IIbond ~~0063420855~~remittance ~~413,503.24~~report ~~01-Apr-2005~~can 4be ~~6.625%~~viewed ~~12,641.92~~online ~~Group~~at ~~II 0100336866 214,161~~www.~~76 01-Apr-2005 4 4~~ctslink.~~875% 4,673~~com.94 Group II ~~0126549229 93,157.46 01-May-2005 3~~ 12~~.000%~~ ~~4,248.24~~Month ~~Group~~REO IIHistory* ~~0127830198~~New ~~67,134.16~~REO ~~01-Mar-2005~~Loans 5Month ~~10.125%~~REO ~~3,695.64~~Percentage ~~Group~~Loans IIin ~~0128080553~~REO ~~190,351.30~~1 01Jan-~~Feb-2005~~05 ~~6 3~~0.~~875~~000% ~~4,584.26~~Original ~~Group~~Principal IIBalance ~~0129971164 201~~126,~~910.47 01-Jun-2005 2 4.~~000~~% 2,521~~.8400 ~~Group II 0132157397 134,449.36 01-~~Feb-~~2005~~05 ~~6 7~~0.~~950~~000% ~~6,889.73~~Current ~~Group~~Principal IIBalance ~~0132302373 418,332.59 01-Oct-2004 10 8.~~125~~% 21~~,~~209~~616.6370 ~~Group II 0132440074 212,919.69 01-~~Mar-~~2005~~05 ~~5 7~~0.~~125~~000% ~~8,195.04 Group II 0133131474 70,493.38 01~~Apr-~~Dec-2004~~05 ~~8 7~~0.~~950~~000% ~~3,491.84~~Current ~~Group~~REO IITotal ~~0134122134 37,639.42 01~~May-~~Nov-2004~~05 ~~9 6~~0.~~375~~132% ~~1,528.86~~Loans ~~Group~~in IIREO ~~0134149335~~6 ~~73,308.39 01-Jan-2005 7 9.125% 4,329.00 Group II 0134185545 79,016.29 01-~~Jun-~~2005~~05 ~~2 8~~0.~~500~~266% ~~2,172.19~~Original ~~Group~~Principal IIBalance ~~0134242478 116~~758,~~000~~820.6600 01Jul-~~Jan-2005~~05 ~~7 8~~0.~~125~~454% ~~6,076.14~~Current ~~Group~~Principal IIBalance ~~0135066678 301~~753,~~794~~963.09 01~~-Apr-2005~~ ~~4 9.500% 13,946.38 Group II 0135356749 32,300.50 01~~Aug-~~Jan-2005~~05 ~~7 8~~0.~~950~~477% ~~1,869.42 Group II 0136257292 97,859.90 01~~Sep-~~May-2005~~05 ~~3 8~~0.~~950~~492% ~~3,443.36 Group II 0136731973 78,601.27 01~~Oct-~~Apr-2005~~05 ~~4 8~~0.~~500~~665% ~~3,239.~~Nov-05 ~~Group II 0137214102 221,335~~0.~~85 01-Apr-2005 4 8.375~~909% ~~8,983.67 Group II 0137446605 104,033.12 01~~Dec-~~Apr-2005~~05 ~~4 10~~0.~~125~~897% ~~5,132.95~~*The ~~Group~~text IIreported ~~0138424817~~in ~~125,616.70~~the ~~01-Dec-2004~~above 8table ~~7.625%~~is ~~6,155.71~~presented ~~Group~~graphically IIon ~~0200617223~~the ~~648,696.42~~monthly ~~01-Mar-2005~~bond 5remittance 5report.~~875%~~ ~~20,339.37~~The ~~Group~~monthly IIbond ~~3000002274~~remittance ~~128,493.69~~report ~~01-Mar-2005~~can 5be ~~7.280%~~viewed ~~5,073.68~~online ~~Group~~at ~~II 7019655260 123,528~~www.~~63 10-Oct-2004 9 4~~ctslink.~~583% 2,908~~com.20

~~COLLATERAL~~REO ~~STATEMENT~~Loan ~~Collateral~~Detail ~~Description~~- ~~Mixed~~All ~~Fixed~~Mortgage ~~Weighted~~Loans ~~Average~~in ~~Gross~~REO ~~Coupon~~during ~~6.217572%~~Current ~~Weighted~~Period ~~Average~~Month ~~Net~~Loan ~~Coupon~~First ~~5.828705%~~Original ~~Weighted~~Loan ~~Average~~Entered ~~Pass-Through~~Payment ~~Rate~~LTV ~~5.818705%~~at ~~Weighted~~Principal ~~Average~~Group ~~Maturity(Stepdown~~Number ~~Calculation)~~REO ~~312~~Date ~~Beginning~~State ~~Scheduled~~Origination ~~Collateral~~Balance ~~Loan~~Group ~~Count~~I ~~1,858~~0000L17090 ~~Number~~Nov-2005 Of01-Mar-2004 ~~Loans~~GA ~~Paid~~90.00 In176,400.00 ~~Full~~Group 43I ~~Ending~~0003091663 ~~Scheduled~~Sep-2005 ~~Collateral~~01-May-2004 ~~Loan~~OR ~~Count~~90.00 199,~~815~~000.00 ~~Beginning~~Group ~~Scheduled~~I ~~Collateral~~0006117517 ~~Balance~~Nov-2005 ~~286~~01-Feb-1997 MN 98.01 105,~~891,858~~945.3200 ~~Ending~~Group ~~Scheduled~~I ~~Collateral~~0006703091 ~~Balance~~Nov-2005 ~~279~~01-Mar-1998 NC 100.00 93,~~345,650~~500.9500 ~~Ending~~Group ~~Actual~~I ~~Collateral~~0038884631 ~~Balance~~Sep-2005 ~~at 31~~01-~~Aug~~Jul-2004 FL 97.61 67,350.00 Group I 0082529264 Jun-2005 ~~279~~01-Feb-2004 TX 100.00 86,~~748,582~~000.9200 ~~Monthly~~Group P&I ~~Constant~~0132209347 1Dec-2005 01-Nov-2003 TX 70.00 37,~~894,998~~800.7900 ~~Special~~Group ~~Servicing~~II ~~Fee~~0038547204 0May-2005 01-Jul-2004 MO 92.98 140,400.00 ~~Prepayment~~Group ~~Penalties~~II 00132157397 Nov-2005 01-Nov-2003 AK 85.00 ~~Realized~~136,000.00 ~~Loss~~Group ~~Amount~~II 00134122134 Nov-2005 01-Feb-2004 SC 62.30 38,000.00 ~~Cumulative~~Group ~~Realized~~II ~~Loss~~0135225191 0Oct-2005 01-Apr-2004 TX 80.00 ~~Scheduled~~139,920.00 ~~Principal~~Group ~~415~~II 0135423275 Jul-2005 01-Apr-2004 MI 85.00 178,~~377~~500.9900 ~~Unscheduled~~Group ~~Principal~~II 70138424817 Dec-2005 01-Sep-2004 IL 90.00 126,~~137,684~~000.1900

~~Group~~REO ~~Level~~Loan ~~Collateral~~Detail ~~Statement~~- ~~Group~~All ~~Group~~Mortgage ILoans ~~Group~~in IIREO ~~Total~~during ~~Collateral~~Current ~~Description~~Period ~~Mixed~~(continued) ~~Fixed~~Current ~~Mixed~~Paid ~~Fixed~~Current ~~Mixed~~Approximate ~~Fixed~~Loan ~~Weighted~~Principal ~~Average~~To ~~Coupon~~Months ~~Rate~~Loan ~~6.376040~~Delinquent ~~5.892370~~Group ~~6.217572~~Number ~~Weighted~~Balance ~~Average~~Date ~~Net~~Delinquent Rate ~~5.988919~~Interest ~~5.499921~~Group ~~5.828705~~I ~~Weighted~~0000L17090 ~~Average Maturity 298 339 312 Beginning Loan Count 1~~174,~~336~~453.11 ~~522~~01-Mar-2005 ~~1,858~~8 ~~Loans Paid In Full 27 16 43 Ending Loan Count 1,309 506 1,815 Beginning Scheduled Balance 192,895,205~~7.46000% 939,~~996,652~~419.8655 ~~286,891,858.32~~Group ~~Ending~~I ~~Scheduled~~0003091663 ~~Balance 188~~98,~~062,753~~321.8089 ~~91,282,897.15~~01-Nov-2004 ~~279,345,650.95~~12 ~~Record Date 08/31/2005 08/31/2005 08/31/2005 Principal And Interest Constant 1,356,223~~7.92500% ~~538~~6,~~774~~283.8759 ~~1,894,998.79~~Group ~~Scheduled~~I ~~Principal~~0006117517 ~~331~~95,~~300~~640.8924 ~~84,077.10~~01-Oct-2004 ~~415,377.99~~13 ~~Unscheduled Principal 4,501,150~~8.77000% 26,~~636,533~~715.4250 ~~7,137,684.19~~Group ~~Scheduled~~I ~~Interest~~0006703091 185,~~024,923~~593.0391 ~~461,552.58~~01-Mar-2005 ~~1,486,475.61~~8 ~~Servicing Fees 62,228~~7.27500% 305,~~740~~145.78 ~~92,969.05~~Group ~~Master~~I ~~Servicing~~0038884631 ~~Fees 1~~67,~~607~~104.46 ~~783~~01-Oct-2004 13 6.31500% 23,~~390~~816.7733 ~~Trustee~~Group ~~Fee~~I ~~0.00~~0082529264 085,000.0090 ~~0.00~~01-Nov-2004 ~~FRY~~12 ~~Amount 0~~6.00750% 04,846.0061 ~~0.00~~Group ~~Special~~I ~~Hazard~~0132209347 ~~Fee 0~~37,398.0071 ~~0.00~~01-Dec-2004 ~~0.00~~11 ~~Other Fee 0~~9.00875% 03,204.0093 ~~0.00~~Group ~~Pool~~II ~~Insurance~~0038547204 ~~Fee 0~~139,692.0073 ~~0.00~~01-Oct-2004 ~~0.00~~13 ~~Spread 1 0~~4.00875% 05,863.0089 ~~0.00~~Group ~~Spread~~II 20132157397 0134,449.0036 ~~0.00~~01-Feb-2005 ~~0.00~~9 ~~Spread 3 0~~7.00950% 09,461.0072 ~~0.00~~Group ~~Net~~II ~~Interest~~0134122134 ~~961~~37,~~087~~639.3042 ~~430,028~~01-Nov-2004 12 6.49375% 12,~~391,115~~098.79 ~~Realized~~Group ~~Loss~~II ~~Amount~~0135225191 0138,929.0020 ~~0.00~~01-Feb-2005 ~~0.00~~9 ~~Cumulative Realized Loss 0~~8.00375% 010,320.0073 ~~0.00~~Group ~~Percentage~~II of0135423275 ~~Cumulative Losses 0~~177,635.~~0000~~60 ~~0.0000~~01-Jan-2005 ~~0.0000~~10 ~~Prepayment Penalties 0~~10.00250% 016,245.0026 ~~0.00~~Group ~~Special~~II ~~Servicing~~0138424817 ~~Fee 0~~125,616.0070 ~~0.00 0.00 Pass~~01-~~Through~~Dec-2004 ~~Rate~~11 57.~~978919~~625% 58,454.~~489921 5.818705~~00

Foreclosure Detail - All Mortgage Loans in Foreclosure during Current Period

~~Miscellaneous~~Summary ~~Reporting~~12 ~~Group~~Month ~~Group~~Foreclosure IHistory* 3New ~~Months~~Foreclosure ~~Rolling~~Loans ~~DLQ~~Month ~~Average~~Foreclosure Percentage Loans in Foreclosure 8 Jan-05 0.~~070788~~000% ~~Excess~~Original ~~Cashflow~~Principal ~~Amount~~Balance ~~282~~1,~~146~~064,671.5896 ~~Overcollateralized~~Feb-05 ~~Amount~~0.000% 3Current Principal Balance 1,~~037~~048,~~121~~641.5389 ~~Overcollateralized~~Mar-05 ~~Deficiency~~0.890% ~~Amount~~Apr-05 ~~719~~1.798% Current Foreclosure Total May-05 1.717% Loans in Foreclosure 54 Jun-05 2.046% Original Principal Balance 6,~~788~~341,510.9007 ~~Overcollateralized~~Jul-05 ~~Increase~~2.367% ~~Amount~~Current ~~285~~Principal Balance 6,~~227~~209,824.16 ~~Overcollateralized~~Aug-05 ~~Reduction~~2.832% ~~Amount~~Sep-05 02.00676% ~~Specified~~Oct-05 ~~O/C~~2.813% ~~Amount~~Nov-05 ~~3,756,910~~2.43762% ~~Trigger~~Dec-05 ~~Event~~2.389% *The text reported in athe 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 I ~~YES~~12 ~~Group~~Month ~~Group~~Foreclosure IIHistory* 3New ~~Months~~Foreclosure ~~Rolling~~Loans ~~DLQ~~Month ~~Average~~Foreclosure Percentage Loans in Foreclosure 3 Jan-05 0.~~138292~~000% ~~Excess~~Original ~~Cashflow~~Principal ~~Amount~~Balance ~~108~~336,~~058~~971.8596 ~~Overcollateralized~~Feb-05 ~~Amount~~0.000% 5Current Principal Balance 330,~~186,259~~073.8166 ~~Overcollateralized~~Mar-05 ~~Deficiency~~0.140% ~~Amount~~Apr-05 0.00892% ~~Overcollateralized~~Current ~~Increase~~Foreclosure ~~Amount~~Total 0May-05 1.00190% ~~Overcollateralized~~Loans ~~Reduction~~in ~~Amount~~Foreclosure 027 Jun-05 1.00196% ~~Specified~~Original ~~O/C~~Principal ~~Amount~~Balance 52,~~186~~301,~~259~~108.8125 ~~Trigger~~Jul-05 ~~Event~~1.204% Current Principal Balance 2,231,622.73 Aug-05 1.122% Sep-05 1.305% Oct-05 1.281% Nov-05 1.133% Dec-05 1.269% *The text reported in athe above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. Group II ~~YES~~12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 5 Jan-05 0.000% Original Principal Balance 727,700.00 Feb-05 0.000% Current Principal Balance 718,568.23 Mar-05 2.392% Apr-05 3.595% Current Foreclosure Total May-05 2.759% Loans in Foreclosure 27 Jun-05 3.747% Original Principal Balance 4,040,401.82 Jul-05 4.692% Current Principal Balance 3,978,201.43 Aug-05 6.346% Sep-05 5.503% Oct-05 6.001% Nov-05 6.159% Dec-05 4.734% *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~~Foreclosure Loan Detail - ~~Prepayments~~All Mortgage Loans in Foreclosure during Current Period ~~Summary~~Month ~~Loans~~Loan ~~Paid~~First InOriginal ~~Full~~Loan ~~Repurchased~~Entered ~~Loans~~Payment ~~Original~~LTV ~~Current~~at ~~Original~~Principal ~~Current~~Group ~~Principal~~Number ~~Principal~~FC ~~Principal~~Date ~~Principal~~State Origination Balance Group ~~Count~~I ~~Balance~~0000081979 ~~Balance~~Apr-2005 ~~Count~~01-Apr-2004 ~~Balance~~OH ~~Balance~~85.00 76,500.00 Group I 270000130611 4Sep-2005 01-May-2002 KS 97.92 94,~~677~~000.00 Group I 0002003446 Nov-2005 01-May-2002 IN 94.23 119,~~151~~673.00 Group I 0002853502 Nov-2005 01-Aug-2004 TX 102.60 28,727.29 Group I 0002856048 Dec-2005 01-Jul-2004 IN 98.66 59,590.96 Group I 0002998993 Nov-2005 01-Oct-1999 NY 99.75 480,~~462~~800.00 Group I 0006408659 Apr-2005 01-Oct-1997 IL 93.56 23,~~898~~390.5100 0Group 0I 0006574098 Aug-2005 01-May-1998 IL 64.15 44,907.00 0Group I 0007675999 Nov-2005 01-Jun-1999 NJ 100.00 56,000.00 Group III 160008098831 2Jun-2005 01-May-2000 IN 96.77 90,~~669~~000.00 Group I 0008157488 Nov-2005 01-Jul-2000 OH 100.00 36,~~960~~000.00 2Group I 0040096811 Jun-2005 01-Nov-2003 IL 95.00 104,~~620~~500.00 Group I 0044183317 Oct-2005 01-Aug-2004 OH 88.89 88,~~183~~000.7600 0Group 0I 0128020146 Oct-2005 01-Aug-2003 WY 80.00 0132,000.00 ~~Total~~Group 43I 70128633641 May-2005 01-Jun-2003 IN 85.00 108,~~347~~800.00 Group I 0132022952 Oct-2005 01-Mar-2004 GA 84.80 172,999.00 Group I 0132022953 Dec-2005 01-Mar-2004 GA 84.84 173,081.00 Group I 0134957661 May-2005 01-Apr-2004 IN 70.00 38,080.00 Group I 0135491686 Jul-2005 01-Feb-2004 MS 90.00 44,100.00 Group I 0135675122 Sep-2005 12-Apr-2004 KY 85.00 85,000.00 Group I 0136574613 Nov-2005 01-May-2004 WY 80.00 136,800.00 Group I 0193908498 Nov-2005 01-Jun-2004 TN 83.62 48,500.00 Group I 0201053162 Jul-2005 01-May-2004 OH 90.00 74,700.00 Group I 4000069616 Jul-2005 01-May-2004 GA 98.95 108,760.00 Group I 6451545336 Jul-2005 01-Aug-2000 FL 93.73 111,550.00 Group I 6543445248 Dec-2005 01-May-2002 FL 93.13 104,300.00 Group I 9561100313 Apr-2005 01-Jul-2004 KS 85.00 60,350.00 Group II 0000083181 Nov-2005 01-Apr-2004 CA 80.00 258,400.00 Group II 0039587860 Jun-2005 01-Oct-2000 IL 93.25 152,000.00 Group II 0063420855 Jul-2005 01-Oct-2004 CO 79.52 416,701.82 Group II 0100336866 May-2005 01-Dec-2001 CO 75.77 7227,~~083~~300.00 Group II 0126549229 Jul-2005 01-Mar-2003 MS 80.00 94,~~082~~400.2700 0Group 0II 0126972033 Nov-2005 01-Jun-2003 GA 86.61 97,000.00 0Group II 0127830198 Aug-2005 01-May-2003 IA 85.00 68,000.00 Group II 0132302373 Apr-2005 01-Oct-2003 NY 90.00 423,000.00 Group II 0132440074 Aug-2005 01-Nov-2003 WA 80.00 216,000.00 Group II 0133131474 Jun-2005 01-Dec-2003 WI 80.00 71,200.00 Group II 0134185545 Nov-2005 01-Feb-2004 MI 80.00 80,000.00 Group II 0134229319 Oct-2005 01-Feb-2004 NC 80.00 67,200.00 Group II 0134439348 Dec-2005 01-Feb-2004 CO 90.00 167,400.00 Group II 0134964238 Dec-2005 01-Apr-2004 NY 78.59 90,000.00 Group II 0134983345 Oct-2005 01-May-2004 MI 85.65 185,000.00 Group II 0135356749 Jul-2005 01-Apr-2004 IL 70.65 32,500.00 Group II 0135403525 Oct-2005 01-Apr-2004 NE 90.00 169,200.00 Group II 0135647444 Dec-2005 01-May-2004 OH 90.00 190,800.00 Group II 0136005717 Dec-2005 01-May-2004 WI 90.00 184,500.00 Group II 0136257292 Jul-2005 01-May-2004 LA 85.00 98,600.00 Group II 0136731973 Sep-2005 01-May-2004 MS 90.00 79,200.00 Group II 0136732864 Oct-2005 01-May-2004 OH 90.00 142,200.00 Group II 0136799939 Nov-2005 01-Jun-2004 MI 85.00 97,750.00 Group II 0137234787 Dec-2005 01-Apr-2004 WI 76.61 95,000.00 Group II 0137255592 Oct-2005 01-Jul-2004 CO 90.00 103,500.00 Group II 0137446605 Nov-2005 01-Jun-2004 IA 85.00 104,550.00 Group II 3000002274 Sep-2005 01-Nov-2004 PA 84.87 129,000.00

~~Prepayment~~Foreclosure Loan Detail - ~~Prepayments~~All Mortgage Loans in Foreclosure during Current Period (continued) ~~Summary~~Current ~~Substitution~~Paid ~~Loans~~Current ~~Liquidated~~Approximate ~~Loans~~Loan ~~Curtailments~~Principal ~~Original~~To ~~Current~~Months ~~Original~~Loan ~~Current~~Delinquent ~~Principal~~Group ~~Principal~~Number ~~Principal~~Balance ~~Principal~~Date ~~Curtailment~~Delinquent Rate Interest Group ~~Count~~I ~~Balance~~0000081979 ~~Balance~~75,926.61 ~~Count~~01-Nov-2004 ~~Balance~~12 ~~Balance~~7.640% ~~Amount~~4,949.75 Group I 00000130611 091,330.0028 001-Apr-2005 7 7.00910% 05,232.63 0Group I 0002003446 111,377.0008 001-Jun-2005 5 8.00625% 435,~~798~~255.09 Group I 0002853502 27,968.50 01-Jun-2005 5 9.000% 1,423.83 Group I 0002856048 58,466.29 01-Jul-2005 4 8.500% 2,406.07 Group I 0002998993 73,557.66 01-Jun-2005 5 8.250% 3,423.13 Group III 00006408659 021,649.0090 001-Nov-2004 12 8.00375% 01,598.57 0Group I 0006574098 41,047.0095 001-Mar-2005 8 7.00500% 182,~~282~~467.65 Group I 0007675999 51,837.40 01-Jun-2005 5 7.000% 2,035.51 Group I 0008098831 86,192.49 ~~Total~~01-Jan-2005 010 09.00000% 06,883.0008 0Group 0I 0008157488 34,339.20 01-Jun-2005 5 8.500% 1,649.31 Group I 0040096811 103,422.96 01-Dec-2004 11 7.750% 6,840.42 Group I 0044183317 87,162.12 01-May-2005 6 6.500% 3,623.14 Group I 0128020146 128,809.48 01-May-2005 6 5.750% 4,708.86 Group I 0128633641 101,895.38 01-Dec-2004 11 8.875% 7,741.12 Group I 0132022952 170,781.73 01-May-2005 6 7.000% 7,381.61 Group I 0132022953 170,863.79 01-May-2005 6 7.000% 7,385.52 Group I 0134957661 37,859.19 01-Jan-2005 10 8.875% 2,984.27 Group I 0135491686 43,810.85 01-Feb-2005 9 9.990% 3,903.75 Group I 0135675122 82,977.92 12-Mar-2005 7 7.000% 4,164.83 Group I 0136574613 135,550.70 01-Jun-2005 5 8.500% 6,514.47 Group I 0193908498 46,394.24 01-Mar-2005 8 6.250% 2,293.17 Group I 0201053162 74,055.96 01-Feb-2005 9 6.875% 4,311.87 Group I 4000069616 106,961.01 01-Aug-2005 3 6.000% 2,448.49 Group I 6451545336 107,024.20 01-Feb-2005 9 8.500% 7,818.64 Group I 6543445248 100,743.58 01-Jul-2005 4 7.375% 3,457.80 Group I 9561100313 59,616.26 01-Aug-2005 3 6.900% 1,588.30 Group II 0000083181 256,005.19 01-Jul-2005 4 8.990% 10,857.19 Group II 0039587860 145,761.23 01-Mar-2005 8 5.763% 8,637.45 Group II 0063420855 412,566.48 01-Jun-2005 5 6.625% 14,706.62 Group II 0100336866 213,170.87 01-Jul-2005 4 6.500% 4,939.00 0Group II 0126549229 93,114.49 01-Jun-2005 5 12.000% 6,143.87 Group II 0126972033 93,868.05 01-Jun-2005 5 4.875% 2,525.30 Group II 0127830198 67,134.16 01-Mar-2005 8 11.000% 5,402.37 Group II 0132302373 418,332.59 01-Oct-2004 13 8.125% 29,129.74 Group II 0132440074 212,728.66 01-Apr-2005 7 10.000% 11,536.33 Group II 0133131474 70,493.38 01-Dec-2004 11 7.950% 4,795.67 Group II 0134185545 79,016.29 01-Jun-2005 5 8.500% 3,797.27 Group II 0134229319 66,393.44 01-Jun-2005 5 9.950% 3,754.65 Group II 0134439348 164,779.05 01-Aug-2005 3 7.250% 4,801.76 Group II 0134964238 89,103.12 01-Aug-2005 3 8.950% 3,227.94 Group II 0134983345 182,574.29 01-Jun-2005 5 6.500% 6,643.10 Group II 0135356749 32,300.50 01-Jan-2005 10 8.950% 2,568.03 Group II 0135403525 167,500.46 01-Jun-2005 5 8.500% 8,049.82 Group II 0135647444 189,154.99 01-Feb-2005 9 6.875% 11,446.27 Group II 0136005717 182,031.07 01-Aug-2005 3 7.125% 5,209.76 Group II 0136257292 97,739.55 01-Jul-2005 4 8.950% 4,125.60 Group II 0136731973 78,601.27 01-Apr-2005 7 8.500% 4,853.61 Group II 0136732864 140,911.31 01-Mar-2005 8 7.125% 7,755.69 Group II 0136799939 96,573.41 01-Jul-2005 4 6.950% 3,230.77 Group II 0137234787 93,500.00 6201-Jul-2005 4 6.250% 2,~~081~~800.5256 Group II 0137255592 102,571.98 01-May-2005 6 7.750% 5,118.58 Group II 0137446605 103,781.91 01-Sep-2005 2 10.125% 3,415.31 Group II 3000002274 128,493.69 01-Mar-2005 8 7.280% 7,239.19

Bankruptcy Detail - All Mortgage Loans in Bankruptcy during Current Period

~~Prepayment~~Summary ~~Loan~~12 ~~Detail~~Month -Bankruptcy ~~Prepayments~~History* ~~during~~New ~~Current~~Bankruptcy ~~Period~~Loans ~~First~~Month ~~Original~~Bankruptcy ~~Loan~~Percentage ~~LTV~~Loans atin ~~Payment~~Bankruptcy ~~Principal~~7 ~~Prepayment~~Jan-05 ~~Group~~0.000% ~~Number~~Original ~~State~~Principal ~~Origination Date~~ Balance ~~Amount Group I 0000301966 HI 80~~1,908,447.00 01Feb-~~Sep-2002~~05 ~~480,000~~0.00000% ~~462,275.55~~Current ~~Group~~Principal IBalance ~~0000625537~~1,860,015.26 KSMar-05 990.20935% 01Apr-~~Sep-2002~~05 ~~62,500~~1.00114% ~~60,753.62~~Current ~~Group~~Bankruptcy ITotal ~~0001891073 UT 97.67 01~~May-~~Feb-2004~~05 ~~151,389~~1.75275% ~~148,154.83~~Loans ~~Group~~in IBankruptcy ~~0002148666~~71 ~~OH 88.56 01-~~Jun-~~2003~~05 ~~93,000~~1.00613% ~~89,964.01~~Original ~~Group~~Principal IBalance ~~0003065972 CA 90~~9,021,940.0088 01Jul-~~Apr-2004~~05 ~~52,650~~1.00635% ~~51,739.51~~Current ~~Group~~Principal IBalance ~~0003490378 UT 72.53 01-Apr-2003 117~~8,~~737.00 112~~628,~~707~~827.9476 ~~Group~~Aug-05 ~~I 0003835852 OK 72~~1.86814% 01Sep-~~Feb-2000~~05 ~~76,500~~2.00160% ~~65,889.38~~Oct-05 ~~Group I 0003989847 FL 71~~2.00358% 01Nov-~~Jun-1993~~05 ~~66,000~~2.00734% ~~17,104.30 Group I 0004372093 VA 94.95 01-~~Dec-~~2002~~05 ~~256,405~~3.00320% ~~245,387.49~~*The ~~Group~~text Ireported ~~0006366345~~in MDthe ~~99.87~~above ~~01-Aug-1997~~table ~~76,900.00~~is ~~69,160.73~~presented ~~Group~~graphically Ion ~~0007581067~~the HImonthly ~~100.00~~bond ~~01-Feb-1999~~remittance ~~125,000~~report.00 ~~114,305.47~~The ~~Group~~monthly Ibond ~~0011291747~~remittance MNreport ~~99.81~~can ~~01-Nov-2002~~be ~~83,844.00~~viewed ~~80,882.23~~online ~~Group~~at ~~I 0022629299 KS 97~~www.~~00 01-May-2003 116,600~~ctslink.~~00 113,573~~com.58 Group I ~~0024008302~~12 KSMonth ~~100.00~~Bankruptcy ~~01-Jun-2003~~History* ~~89,000.00~~New ~~86,764.32~~Bankruptcy ~~Group~~Loans IMonth ~~0028692184~~Bankruptcy SCPercentage ~~90.00~~Loans ~~01-Dec-2002~~in ~~189,000.00~~Bankruptcy ~~181,240.68~~2 ~~Group I 0081176406 NJ 77.67 01~~Jan-~~Apr-2003~~05 ~~213,600~~0.00000% ~~200,187.06~~Original ~~Group~~Principal IBalance ~~0082169988 CA 75~~287,615.00 01Feb-~~Sep-2003~~05 ~~182,250~~0.00000% ~~176,859.22~~Current ~~Group~~Principal IBalance ~~0082719857~~281,983.44 AZMar-05 801.00196% 01Apr-~~Dec-2003~~05 ~~176,000~~1.00272% ~~172,862.12~~Current ~~Group~~Bankruptcy ITotal ~~0100505254 FL 77.50 01~~May-~~Apr-2000~~05 ~~124,000~~1.00406% ~~118,173.86~~Loans ~~Group~~in IBankruptcy ~~0124477092~~49 ~~AZ 78.77 01~~Jun-~~Nov-2002~~05 ~~319,000~~1.00688% ~~307,012.42~~Original ~~Group~~Principal IBalance ~~0140292392 AZ 98~~5,311,482.00 01- Jul-~~2002~~05 ~~137,196~~1.00743% ~~128,617.06~~Current ~~Group~~Principal IBalance ~~0200916260 MD 72.79 01-Apr-2004 49~~5,~~500.00 48~~074,~~912~~033.0153 ~~Group I 0700037468 FL 79.72 01-~~Aug-~~2004~~05 ~~114,400~~1.00817% ~~97,626.37~~Sep-05 ~~Group I 0700040256 TN 93~~2.72054% 01Oct-~~Aug-2004~~05 ~~215,555~~2.00313% ~~213,490.84~~Nov-05 ~~Group I 1065000650 NJ 93~~2.62842% 01Dec-~~Sep-2004~~05 ~~225,625~~2.00885% ~~223,816.58~~*The ~~Group~~text Ireported ~~9101113100~~in WIthe ~~75.00~~above ~~01-Sep-2004~~table ~~133,500.00~~is ~~132,506.12~~presented ~~Group~~graphically Ion ~~9920001419~~the AZmonthly ~~68.18~~bond ~~01-May-2004~~remittance ~~750,000~~report.00 ~~737,384.81~~The ~~Group~~monthly IIbond ~~0001125979~~remittance NJreport ~~75.00~~can ~~01-Nov-2004~~be ~~240,000.00~~viewed ~~235,157.89~~online ~~Group~~at ~~II 0001127429 NJ 92~~www.~~92 01-Sep-2004 407,000~~ctslink.~~00 403,444~~com.80 Group II ~~0003181942~~12 CAMonth ~~73.68~~Bankruptcy ~~01-Jun-2004~~History* ~~350,000.00~~New ~~348,881.13~~Bankruptcy ~~Group~~Loans IIMonth ~~0009302242~~Bankruptcy INPercentage ~~78.40~~Loans ~~01-May-1997~~in ~~98,000.00~~Bankruptcy ~~87,425.10~~5 ~~Group~~Jan-05 II0.000% ~~0009310127~~Original INPrincipal ~~36.50~~Balance ~~01-Oct-1993 50~~1,~~000~~620,832.00 ~~37,940.~~Feb-05 ~~Group~~0.000% IICurrent ~~0083563122~~Principal CABalance 851,578,031.4282 01Mar-~~Jun-2004~~05 ~~205,000~~0.00411% ~~205,000~~Apr-05 0.00801% ~~Group~~Current IIBankruptcy ~~0132948431~~Total ~~IN 69.00 01~~May-~~Apr-2004~~05 ~~143,520~~1.00015% ~~141,812.75~~Loans ~~Group~~in IIBankruptcy ~~0134336973~~22 ~~DE 90.00 01-~~Jun-~~2004~~05 ~~85,500~~1.00461% ~~83,948.97~~Original ~~Group~~Principal IIBalance ~~0134888023 GA 49~~3,710,458.3587 01Jul-~~Apr-2004~~05 ~~227,000~~1.00419% ~~224,595.81~~Current ~~Group~~Principal IIBalance ~~0135186922 WI 80~~3,554,794.0023 01Aug-~~Apr-2004~~05 ~~128,400~~1.00808% ~~127,329.61~~Sep-05 ~~Group II 0135378321 FL 75~~2.00377% 01Oct-~~Apr-2004~~05 ~~95,250~~2.00454% ~~94,456.08~~Nov-05 ~~Group II 0135428084 MN 52~~2.91508% 01Dec-~~May-2004~~05 ~~109,000~~4.00230% ~~106,889.64~~*The ~~Group~~text IIreported ~~0139235519~~in ORthe ~~95.00~~above ~~01-Oct-2004~~table ~~219,925.00~~is ~~216,044.77~~presented ~~Group~~graphically IIon ~~5430000117~~the AZmonthly ~~70.15~~bond ~~01-Aug-2004~~remittance ~~119,965~~report.00 ~~118,691.74~~The ~~Group~~monthly IIbond ~~6920000415~~remittance AZreport ~~77.42~~can ~~01-Jul-2003~~be ~~120,000.00~~viewed ~~116,064.40~~online ~~Group~~at ~~II 9201105062 MO 85~~www.~~00 01-Jul-2004 71,400~~ctslink.~~00 70,567~~com.82

~~Prepayment~~Bankruptcy ~~Loan~~ Detail - ~~Prepayments~~All Mortgage Loans in Bankruptcy during Current Period ~~(continued)~~Group ~~Current~~Loan Month Loan ~~PIF~~First ~~Months~~State ~~Loan~~LTV at Original ~~Group~~ Number ~~Type~~Entered ~~Delinquent~~Payment ~~Rate~~Origination ~~Term~~Principal ~~Seasoning~~Bankruptcy Date Balance Group I ~~0000301966~~0000111992 ~~Loan~~Nov-2005 ~~Paid~~01-Jun-2002 inME ~~Full~~100.00 ~~0 6~~87,000.~~500%~~00 ~~360~~Group I 0000137416 Mar-2005 01-Sep-2003 VA 98.36 120,000.00 Group I ~~0000625537~~0000373433 ~~Loan~~May-2005 ~~Paid~~01-Oct-2003 inMN ~~Full~~75.54 ~~(1) 8~~245,500.~~050%~~00 ~~360 36~~ Group I ~~0001891073~~0000396862 ~~Loan~~Nov-2005 ~~Paid~~01-Aug-2002 inFL ~~Full~~79.55 ~~9 5~~70,000.~~875%~~00 ~~360 19~~ Group I ~~0002148666~~0000433669 ~~Loan~~Mar-2005 ~~Paid~~01-Jul-2004 inKS ~~Full~~72.34 ~~0 5~~34,724.~~625%~~10 ~~360 27~~ Group I ~~0003065972~~0001523430 ~~Loan~~Sep-2005 ~~Paid~~01-Nov-2004 inOH ~~Full~~93.55 ~~0 6~~72,037.~~875%~~10 ~~360 17~~ Group I ~~0003490378~~0001673849 ~~Loan~~Nov-2005 ~~Paid~~01-Dec-1996 inIN ~~Full~~60.00 ~~0 7~~30,000.~~750%~~00 ~~278 29~~ Group I ~~0003835852~~0002065767 ~~Loan~~Jun-2005 ~~Paid~~01-May-2003 inOH ~~Full 0 8~~90.00 193,500%.00 ~~240 67~~ Group I ~~0003989847~~0002209765 ~~Loan~~Mar-2005 ~~Paid~~01-Mar-1997 inPA ~~Full~~85.00 ~~0 6~~37,400.~~875%~~00 ~~180 147~~ Group I ~~0004372093~~0003348035 ~~Loan~~Jun-2005 ~~Paid~~01-May-2003 inAZ ~~Full~~71.16 ~~0 5~~53,367.~~875%~~00 ~~360 33~~ Group I ~~0006366345~~0005224977 ~~Loan~~Mar-2005 ~~Paid~~01-Mar-1996 inWA ~~Full 2 8~~59.43 72,500%.00 ~~360 97~~ Group I ~~0007581067~~0006295403 ~~Loan~~Mar-2005 ~~Paid~~01-Jun-1997 inNC ~~Full~~100.00 ~~0 7~~85,000.~~250%~~00 ~~360 79~~ Group I ~~0011291747~~0006334332 ~~Loan~~Nov-2005 ~~Paid~~01-Jul-1997 inTN ~~Full~~92.09 ~~4 6~~103,086.~~500%~~29 ~~360~~Group I 0007180342 Mar-2005 01-Jan-1999 NY 95.83 34,500.00 Group I ~~0022629299~~0009861751 ~~Loan~~Mar-2005 ~~Paid~~01-Nov-2002 inCA ~~Full~~96.54 ~~0 6~~101,365.~~980%~~00 ~~360~~Group 28I 0010011801 Mar-2005 01-Jun-2000 PA 80.75 36,339.64 Group I ~~0024008302~~0010208922 ~~Loan~~Mar-2005 ~~Paid~~01-Feb-1998 inLA ~~Full~~85.00 ~~0 7~~118,150.~~020%~~00 ~~360~~Group 27I 0013050232 Dec-2005 01-Jan-2003 KS 97.00 125,615.00 Group I ~~0028692184~~0014790612 ~~Loan~~Mar-2005 ~~Paid~~22-Aug-1997 inMD ~~Full~~85.90 ~~0 5~~75,590.~~375%~~70 84Group 33I 0015425754 Aug-2005 01-Dec-2002 KS 98.56 69,000.00 Group I ~~0081176406~~0018774976 ~~Loan~~Apr-2005 ~~Paid~~01-Mar-2003 inKS ~~Full~~97.00 ~~0 5~~35,405.~~875%~~00 ~~360~~Group 29I 0027064559 Apr-2005 01-Aug-2003 KS 100.00 61,900.00 Group I ~~0082169988~~0030100028 ~~Loan~~Sep-2005 ~~Paid~~01-Feb-2004 inGA ~~Full~~94.98 ~~0 5~~123,950.~~375%~~00 ~~360~~Group 24I 0036699437 Nov-2005 01-Jan-2004 KS 95.76 37,345.00 Group I ~~0082719857~~0037287182 ~~Loan~~Nov-2005 ~~Paid~~01-Mar-2004 inMI ~~Full~~85.23 ~~2 7~~75,000.~~500%~~00 ~~360~~Group 21I 0038808853 Oct-2005 01-May-2004 MS 98.03 73,525.00 Group I ~~0100505254~~0039302567 ~~Loan~~Mar-2005 ~~Paid~~01-May-2004 inCA ~~Full~~64.09 ~~2 9~~150,614.~~500%~~00 ~~180~~Group 65I 0040048957 Jun-2005 01-Jun-2003 TX 82.63 94,200.00 Group I ~~0124477092~~0040151756 ~~Loan~~Oct-2005 ~~Paid~~01-Jul-2004 inWI ~~Full~~80.00 ~~(1) 6~~137,600.~~375%~~00 ~~351~~Group 34I 0041241365 Nov-2005 01-Jul-2004 IL 100.00 218,000.00 Group I ~~0140292392~~0060083821 ~~Loan~~Apr-2005 ~~Paid~~01-Dec-1999 inNC ~~Full~~79.70 ~~0 7~~80,100.~~000%~~00 ~~360~~Group I 0106337124 Apr-2005 01-Jul-2002 GA 95.00 38,000.00 Group I ~~0200916260~~0129059408 ~~Loan~~Sep-2005 ~~Paid~~01-Jul-2003 inPA ~~Full~~95.00 ~~0 8~~199,500.~~375%~~00 ~~360~~Group 17I 0129175634 May-2005 01-Jul-2003 MO 55.00 26,125.00 Group I ~~0700037468~~0131897712 ~~Loan~~Nov-2005 ~~Paid~~01-Oct-2003 inAL ~~Full~~100.00 ~~0 7~~131,000.~~750%~~00 ~~360~~Group 13I 0134112572 Nov-2005 01-Feb-2004 KS 100.00 146,900.00 Group I ~~0700040256~~0134129113 ~~Loan~~Sep-2005 ~~Paid~~01-Apr-2004 inTX ~~Full~~60.00 ~~0 8~~21,000.~~875%~~00 ~~360~~Group 13I 0134622976 Sep-2005 01-Apr-2004 NY 100.00 76,000.00 Group I ~~1065000650~~0135779825 ~~Loan~~Mar-2005 ~~Paid~~01-May-2004 inCA ~~Full~~70.87 ~~0 8~~163,000.~~625%~~00 ~~360~~Group 12I 0135872976 Dec-2005 01-May-2004 IL 90.00 162,000.00 Group I ~~9101113100~~0139888127 ~~Loan~~Jun-2005 ~~Paid~~01-Mar-2002 inIN ~~Full~~85.00 ~~0 8~~106,250.~~990%~~00 ~~360~~Group 12I 0140173956 Nov-2005 01-Sep-2002 TX 96.58 127,491.18 Group I ~~9920001419~~0140769126 ~~Loan~~Mar-2005 ~~Paid~~01-Nov-2002 inMD ~~Full~~86.00 ~~0 6~~159,102.~~250%~~00 ~~360~~Group 16I ~~Group~~0141160812 IIOct-2005 ~~0001125979~~01-Feb-2003 ~~Loan~~OH ~~Paid~~89.69 in87,000.00 ~~Full~~Group 0I ~~7.150%~~0200359669 ~~360~~Apr-2005 1001-Nov-2003 ~~Group~~VA II80.00 ~~0001127429~~300,000.00 ~~Loan~~Group ~~Paid~~I in1513631800 ~~Full~~Mar-2005 001-Nov-1998 5OR 80.00 264,000%.00 ~~480~~Group 12I ~~Group~~1581314492 IIMar-2005 ~~0003181942~~01-Jul-1999 ~~Loan~~OH ~~Paid~~74.06 in259,200.00 ~~Full~~Group 0I ~~4.625%~~5105010811 ~~360~~Nov-2005 1501-Apr-2004 ~~Group~~NC II85.20 ~~0009302242~~95,000.00 ~~Loan~~Group ~~Paid~~I in9801105526 ~~Full~~Oct-2005 001-Jul-2004 6OH 80.~~750%~~00 ~~360~~97,600.00 ~~100~~ Group II ~~0009310127~~0001129517 ~~Loan~~Jun-2005 ~~Paid~~01-Sep-2004 inPA ~~Full~~80.00 ~~0 5~~152,000.~~375%~~00 ~~360 143~~ Group II ~~0083563122~~0016921967 ~~Loan~~Dec-2005 ~~Paid~~01-Feb-1999 inNJ ~~Full~~79.65 ~~0 5~~180,000.~~500%~~00 ~~360 15~~ Group II ~~0132948431~~0026551010 ~~Loan~~Dec-2005 ~~Paid~~01-May-1999 inMI ~~Full~~80.00 ~~1 8~~292,000.~~375%~~00 ~~360~~Group 17II 0128080553 Dec-2005 01-Aug-2003 MN 80.00 196,000.00 Group II ~~0134336973~~0130096712 ~~Loan~~Mar-2005 ~~Paid~~01-Aug-2003 inMN ~~Full~~85.00 ~~(1) 5~~72,250.~~950%~~00 ~~360~~Group 15II 0134696236 Mar-2005 01-Apr-2004 KS 90.00 79,110.00 Group II ~~0134888023~~0135066678 ~~Loan~~Dec-2005 ~~Paid~~01-Apr-2004 inTX ~~Full~~85.00 ~~4 8~~303,832.~~950%~~00 ~~360~~Group 17II 0135095537 Sep-2005 01-Apr-2004 OH 85.00 191,250.00 Group II ~~0135186922~~0135251486 ~~Loan~~Aug-2005 ~~Paid~~01-May-2004 inMO ~~Full~~85.00 ~~1 10~~136,000.~~125%~~00 ~~360~~Group II 0135745305 Sep-2005 01-May-2004 LA 92.17 212,000.00 Group II ~~0135378321~~0135824126 ~~Loan~~Apr-2005 ~~Paid~~01-May-2004 inNJ ~~Full~~89.14 ~~1 10~~312,000.~~125%~~00 ~~360~~Group 17II 0135883528 May-2005 01-Jun-2004 IA 95.00 153,805.00 Group II ~~0135428084~~0136055688 ~~Loan~~May-2005 ~~Paid~~01-May-2004 inOH ~~Full~~90.00 ~~1 6~~58,500.~~375%~~00 ~~360~~Group 16II 0136506649 Aug-2005 01-Jun-2004 MO 85.00 161,500.00 Group II ~~0139235519~~0136645132 ~~Loan~~Jun-2005 ~~Paid~~01-Jun-2004 inSC ~~Full~~85.00 ~~0 4~~107,950.~~250%~~00 ~~360~~Group 11II 0137491288 Mar-2005 01-Jul-2004 PA 70.00 22,750.00 Group II ~~5430000117~~0137511382 ~~Loan~~Apr-2005 ~~Paid~~01-Jul-2004 inMD ~~Full~~85.00 ~~0 7~~80,665.~~600%~~00 ~~360~~Group 13II 0200617223 Dec-2005 01-Feb-2004 CA 78.86 649,000.00 Group II ~~6920000415~~0804896298 ~~Loan~~Jun-2005 ~~Paid~~01-May-1987 inGA ~~Full~~75.00 ~~0 5~~123,000.~~250%~~00 ~~360~~Group 26II 0809222003 Jun-2005 15-Apr-1990 CA 80.00 111,200.00 Group II ~~9201105062~~0815618251 ~~Loan~~Apr-2005 ~~Paid~~01-Mar-2001 inCA ~~Full~~55.65 ~~0 7~~42,846.~~490%~~87 ~~360~~Group 14II 9101104313 Sep-2005 01-Aug-2004 OH 87.70 72,800.00

~~Summary~~Bankruptcy ~~SMM~~Detail ~~CPR~~- ~~PSA~~All ~~Current~~Mortgage ~~Month~~Loans ~~2.491%~~in ~~Current~~Bankruptcy ~~Month~~during ~~26.123%~~ Current ~~Month~~Period ~~559.393%~~(continued) 3Group ~~Month~~Loan ~~Average~~Current ~~2.878%~~Paid 3To ~~Month~~Months ~~Average~~Current ~~29.528%~~Approximate 3Number ~~Month~~Principal ~~Average~~Date ~~661.919%~~Delinquent 12Loan ~~Month~~Rate ~~Average~~Delinquent ~~0.000%~~Balance 12Interest ~~Month~~Group ~~Average~~I 00000111992 83,953.~~000%~~16 1201-Jun-2005 ~~Month~~5 ~~Average 0~~7.~~000~~375% ~~CPR:~~3,482.18 ~~Current~~Group vsI ~~12mo~~0000137416 Average*116,382.81 ~~PSA:~~01-Nov-2005 ~~Current~~0 vs5.750% ~~12mo Average* Month Current 12mo Avg~~1,067.49 ~~Month~~Group ~~Current~~I ~~12mo~~0000373433 ~~Avg~~236,256.02 ~~Oct~~01-~~2004~~Dec-2005 ~~N/A~~(1) ~~N/A~~5.125% ~~Oct-2004~~961.11 ~~N/A~~Group ~~N/A~~I ~~Nov-2004~~0000396862 ~~N/A~~59,907.82 ~~N/A~~ 01-Nov-~~2004~~2005 ~~N/A~~0 ~~N/A~~6.750% ~~Dec-2004~~650.52 ~~N/A~~Group ~~N/A~~I ~~Dec-2004~~0000433669 ~~N/A~~34,238.48 ~~N/A Jan~~01-Nov-2005 ~~N/A~~0 ~~N/A~~8.100% ~~Jan-2005~~448.15 ~~N/A~~Group ~~N/A~~I ~~Feb-2005~~0001523430 1571,685.~~769%~~32 ~~N/A Feb~~01-~~2005~~Oct-2004 ~~474~~13 5.~~822~~875% ~~N/A~~3,502.38 ~~Mar-2005~~Group ~~22.381%~~I ~~N/A~~0001673849 27,327.85 01-Mar-2005 ~~632~~8 8.~~990~~750% ~~N/A Apr-2005 17~~1,869.~~172%~~81 ~~N/A~~Group ~~Apr-2005~~I ~~462~~0002065767 184,156.~~090%~~56 ~~N/A May~~01-Nov-2005 250 7.~~839~~625% ~~N/A May-2005 661~~2,188.~~066%~~81 ~~N/A~~Group ~~Jun-2005~~I 0002209765 27,832.~~331%~~51 ~~N/A Jun~~01-Nov-2005 ~~665~~0 10.~~637~~500% ~~N/A~~464.99 ~~Jul-2005~~Group ~~31.014%~~I ~~N/A~~0003348035 ~~Jul~~47,825.59 01-Nov-2005 ~~724~~0 7.~~989~~375% ~~N/A~~569.10 ~~Aug-2005~~Group ~~31.446%~~I ~~N/A~~0005224977 ~~Aug~~61,394.38 01-Nov-2005 ~~701~~0 7.~~376~~500% ~~N/A~~717.01 ~~Sep-2005~~Group ~~26.123%~~I ~~N/A~~0006295403 ~~Sep~~76,354.50 01-Nov-2005 ~~559~~0 8.~~393~~500% ~~N/A~~1,050.64 *TheGroup ~~text~~I ~~reported~~0006334332 in90,129.96 ~~the~~01-Nov-2005 ~~above~~0 ~~table~~6.250% is902.12 ~~presented~~Group *TheI ~~text~~0007180342 ~~reported~~31,028.95 in01-Nov-2005 ~~the~~0 ~~above~~7.250% ~~table~~362.47 isGroup ~~presented~~I ~~graphically~~0009861751 on96,706.19 ~~the~~01-Nov-2005 ~~monthly~~0 ~~bond~~5.375% ~~remittance report~~826.60 ~~The~~Group ~~graphically~~I on0010011801 ~~the~~34,154.35 ~~monthly~~01-Sep-2005 ~~bond~~2 ~~remittance~~10.250% ~~report~~1,109.47 ~~The~~Group ~~monthly~~I ~~bond~~0010208922 ~~remittance~~110,951.05 ~~report~~01-Sep-2005 ~~can~~2 be9.990% ~~viewed~~3,507.95 ~~online~~Group atI ~~monthly~~0013050232 ~~bond~~121,830.47 ~~remittance~~01-Nov-2005 ~~report~~0 ~~can~~7.430% be1,458.60 ~~viewed~~Group ~~online~~I at0014790612 ~~www~~69,773.~~ctslink~~92 22-Oct-2005 0 9.~~com.~~000% ~~www~~988.~~ctslink.com.~~92 Group I ~~SMM~~0015425754 ~~CPR~~66,838.77 ~~PSA~~01-Nov-2005 ~~Current~~0 ~~Month 2~~7.~~337~~240% ~~Current~~779.06 ~~Month~~Group 24I 0018774976 33,936.~~710%~~06 ~~Current~~01-Nov-2005 ~~Month~~0 ~~508~~7.~~121~~070% 3385.95 ~~Month~~Group ~~Average~~I 20027064559 59,960.~~532%~~63 301-Dec-2005 ~~Month~~(1) ~~Average 26~~6.~~415~~380% 3306.64 ~~Month~~Group ~~Average~~I ~~567~~0030100028 122,409.~~388%~~01 1201-Feb-2005 ~~Month~~9 ~~Average 0~~6.~~000~~375% 126,565.37 ~~Month~~Group ~~Average~~I 00036699437 36,677.~~000%~~32 1201-Sep-2005 ~~Month~~2 ~~Average 0~~7.~~000~~330% ~~CPR:~~865.21 ~~Current~~Group vsI ~~12mo~~0037287182 Average*73,840.04 ~~PSA:~~01-May-2005 ~~Current~~6 vs6.000% ~~12mo Average* Month Current 12mo Avg~~2,822.76 ~~Month~~Group ~~Current~~I ~~12mo~~0038808853 ~~Avg~~72,591.89 ~~Oct~~01-~~2004~~May-2005 ~~N/A~~6 ~~N/A~~6.375% ~~Oct-2004~~2,956.63 ~~N/A~~Group ~~N/A~~I ~~Nov-2004~~0039302567 ~~N/A~~147,564.17 ~~N/A~~ 01-Nov-~~2004~~2005 ~~N/A~~0 ~~N/A~~5.875% ~~Dec-2004~~1,384.20 ~~N/A~~Group ~~N/A~~I ~~Dec-2004~~0040048957 ~~N/A~~90,861.97 ~~N/A Jan~~01-Sep-2005 ~~N/A~~2 ~~N/A~~6.000% ~~Jan-2005~~1,664.79 ~~N/A~~Group ~~N/A~~I ~~Feb-2005~~0040151756 15135,285.~~334%~~49 ~~N/A Feb~~01-Nov-2005 ~~436~~0 6.~~071~~250% ~~N/A~~1,297.16 ~~Mar-2005~~Group ~~21.430%~~I ~~N/A~~0041241365 ~~Mar~~213,791.36 01-Nov-2005 ~~573~~0 5.~~348~~500% ~~N/A~~1,871.80 ~~Apr-2005~~Group ~~20.582%~~I ~~N/A~~0060083821 ~~Apr~~74,993.95 01-Nov-2005 ~~523~~0 8.~~202~~500% ~~N/A~~1,000.48 ~~May-2005~~Group ~~26.998%~~I ~~N/A~~0106337124 ~~May~~36,926.22 01-Oct-2005 ~~656~~0 8.~~192~~625% ~~N/A~~499.84 ~~Jun-2005~~Group ~~22.919%~~I ~~N/A~~0129059408 193,560.25 01-Jun-2005 ~~532~~5 5.~~073~~125% ~~N/A Jul-2005 31~~5,489.~~245%~~49 ~~N/A~~Group ~~Jul-2005~~I ~~697~~0129175634 25,582.~~188%~~17 ~~N/A~~ 01-Aug-2005 233 8.~~291~~250% ~~N/A Aug-2005 496~~852.~~856%~~06 ~~N/A~~Group ~~Sep-2005~~I 240131897712 129,606.~~710%~~87 ~~N/A Sep~~01-Feb-2005 ~~508~~9 8.~~121~~625% ~~N/A~~9,923.86 *TheGroup ~~text~~I ~~reported~~0134112572 in144,224.98 ~~the~~01-Nov-2005 ~~above~~0 ~~table~~7.280% is1,690.59 ~~presented~~Group *TheI ~~text~~0134129113 ~~reported~~20,745.82 in01-Oct-2005 ~~the~~0 ~~above~~9.250% ~~table~~311.10 isGroup ~~presented~~I ~~graphically~~0134622976 on75,483.98 ~~the~~01-Dec-2004 ~~monthly~~11 ~~bond~~7.750% ~~remittance report~~5,165.85 ~~The~~Group ~~graphically~~I on0135779825 ~~the~~159,337.19 ~~monthly~~01-Dec-2005 ~~bond~~(1) ~~remittance~~5.750% ~~report~~731.16 ~~The~~Group ~~monthly~~I ~~bond~~0135872976 ~~remittance~~160,152.97 ~~report~~01-Aug-2005 ~~can~~3 ~~be viewed online at monthly bond remittance report can be viewed online at www~~7.~~ctslink.com.~~950% ~~www~~5,134.~~ctslink.com.~~29 Group III ~~SMM~~0139888127 ~~CPR~~102,101.15 ~~PSA~~01-Aug-2005 ~~Current~~3 ~~Month~~7.000% 2,762.~~807%~~21 ~~Current~~Group ~~Month~~I 280140173956 122,953.~~943%~~81 ~~Current~~01-Aug-2005 ~~Month~~3 ~~677~~6.~~552~~625% 3,134.35 ~~Month~~Group ~~Average~~I 30140769126 152,827.~~572%~~45 301-Oct-2005 ~~Month~~0 ~~Average 34~~6.~~961~~500% 31,527.39 ~~Month~~Group ~~Average~~I ~~861~~0141160812 85,200.~~163%~~36 1201-Oct-2004 ~~Month~~13 ~~Average 0~~7.~~000~~250% 125,246.96 ~~Month~~Group ~~Average~~I 00200359669 296,247.~~000%~~87 1201-Jan-2005 ~~Month~~10 ~~Average 0~~7.~~000~~125% ~~CPR:~~17,909.82 ~~Current~~Group vsI ~~12mo~~1513631800 Average*231,422.54 ~~PSA:~~01-Nov-2005 ~~Current~~0 vs7.000% ~~12mo Average* Month Current 12mo Avg~~2,509.26 ~~Month~~Group ~~Current~~I ~~12mo~~1581314492 ~~Avg~~238,198.84 ~~Oct~~01-~~2004~~Nov-2005 ~~N/A~~0 ~~N/A~~6.875% ~~Oct-2004~~2,532.65 ~~N/A~~Group ~~N/A~~I ~~Nov-2004~~5105010811 ~~N/A~~92,970.07 ~~N/A~~ 01-Nov-~~2004~~2005 ~~N/A~~0 ~~N/A~~5.875% ~~Dec-2004~~833.34 ~~N/A~~Group ~~N/A~~I ~~Dec-2004~~9801105526 ~~N/A~~95,850.44 ~~N/A Jan~~01-Nov-2005 ~~N/A~~0 ~~N/A~~5.990% ~~Jan-2005~~877.51 ~~N/A~~Group ~~N/A~~II ~~Feb-2005~~0001129517 16149,538.~~631%~~02 ~~N/A Feb~~01-Nov-2005 ~~567~~0 5.~~527~~750% ~~N/A Mar-2005 24~~1,309.~~249%~~20 ~~N/A~~Group ~~Mar-2005~~II ~~774~~0016921967 163,091.~~476%~~36 ~~N/A~~ 01-Apr-2005 97 4.~~938~~648% ~~N/A~~5,044.20 ~~Apr-2005~~Group ~~302.530%~~II ~~N/A~~0026551010 275,643.57 01-May-2005 236 5.~~492~~533% ~~N/A~~8,342.72 ~~May-2005~~Group ~~670.674%~~II ~~N/A~~0128080553 ~~Jun~~188,806.38 01-Jul-2005 354 3.~~354~~875% ~~N/A~~3,413.62 ~~Jun-2005~~Group ~~954.822%~~II ~~N/A~~0130096712 71,190.38 01-Jul-2005 304 11.~~551~~500% ~~N/A~~3,757.41 Group II 0134696236 78,237.76 01-Jul-2005 ~~789~~4 8.~~184~~125% ~~N/A~~3,077.17 ~~Aug~~Group II 0135066678 301,794.09 01-Apr-2005 457 9.~~391~~500% ~~N/A~~20,901.92 ~~Aug-2005~~Group 1II 0135095537 189,~~116~~813.~~753%~~21 ~~N/A Sep~~01-Mar-2005 288 8.~~943~~625% ~~N/A~~13,216.75 ~~Sep~~Group II 0135251486 135,135.15 01-Jan-2005 ~~677~~10 7.~~552~~875% ~~N/A~~9,410.61 *TheGroup ~~text~~II ~~reported~~0135745305 in210,651.89 ~~the~~01-Jan-2005 ~~above~~10 ~~table~~7.875% is14,669.51 ~~presented~~Group *TheII ~~text~~0135824126 ~~reported~~308,923.79 in01-Apr-2005 ~~the~~7 ~~above~~7.300% ~~table~~16,292.62 isGroup ~~presented~~II ~~graphically~~0135883528 on152,472.55 ~~the~~01-Jul-2005 ~~monthly~~4 ~~bond~~8.625% ~~remittance report~~6,378.43 ~~The~~Group ~~graphically~~II on0136055688 ~~the~~57,857.05 ~~monthly~~01-Apr-2005 ~~bond~~7 ~~remittance~~6.950% ~~report~~2,899.37 ~~The~~Group ~~monthly~~II ~~bond~~0136506649 ~~remittance~~160,317.97 ~~report~~01-Nov-2005 ~~can~~0 be10.750% ~~viewed~~2,806.19 ~~online~~Group atII ~~monthly~~0136645132 ~~bond~~106,663.36 ~~remittance~~01-Aug-2005 ~~report~~3 ~~can~~7.375% be3,163.89 ~~viewed~~Group ~~online~~II at0137491288 ~~www~~22,576.~~ctslink.com.~~90 ~~www.ctslink.com.~~01-Sep-2005 ~~Calculation~~2 ~~Methodology:~~9.625% ~~Single~~705.34 ~~Month~~Group ~~Mortality~~II ~~(SMM):~~0137511382 ~~(Partial~~80,219.86 ~~and~~01-Apr-2005 ~~full~~7 ~~prepayments~~9.125% +5,330.26 ~~Repurchases)~~Group /II ~~(Beginning~~0200617223 ~~Scheduled~~648,696.42 ~~Balance~~ 01-Mar-2005 ~~Scheduled~~8 ~~Principal)~~5.875% ~~Conditional~~29,056.23 ~~PrePayment~~Group ~~Rate~~II ~~(CPR):~~0804896298 177,640.90 01- ~~((1~~ Apr-2005 ~~SMM)^12)~~7 ~~PSA~~4.757% ~~Standard~~2,157.77 ~~Prepayment~~Group ~~Model:~~II ~~100~~0809222003 *78,861.77 ~~CPR~~15-Nov-2005 ~~/ (~~0 7.2000% *858.65 ~~MIN(30,WAS))~~Group ~~Weighted~~II ~~Average~~0815618251 ~~Seasoning~~24,883.02 01-Dec-2005 (~~WAS~~1): ~~sum((Original~~5.650% ~~Term~~108.78 -Group ~~Remaining~~II ~~Term)*(Current~~9101104313 ~~Scheduled~~71,778.83 ~~Balance/Deal~~01-Oct-2005 ~~Scheduled~~0 ~~Principal~~6.550% ~~Balance))~~723.41

Realized Loss Detail Report - Loans with Losses during Current Period Summary # Loans Prior Realized Current with Principal Loss/(Gain) Loss Group Losses Balance Amount Percentage Group I 03 0189,844.0007 04,067.0013 0.~~000~~002% Group II 01 0116,000.0066 02,662.0029 0.~~000~~003% Total 04 0305,844.0073 06,729.0042 0.~~000~~003%

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 NoGroup ~~losses~~I ~~this~~0000227443 ~~period~~114,700.00 7.500% OH 98.88 360 Group I 0000562612 80,100.00 6.500% MN 98.28 360 Group I 0001891073 151,389.75 5.875% UT 97.67 360 Group II 0134242478 117,000.00 8.125% MO 90.00 360

Realized Loss Loan Detail Report - Loans With Losses during Current Period (continued) Prior Cumulative Loan Principal Realized Realized Group Number Balance Loss/(Gain) Loss/(Gain) NoGroup ~~losses~~I ~~this~~0000227443 ~~period~~112,156.43 3,023.03 3,023.03 Group I 0000562612 77,687.64 944.10 944.10 Group I 0001891073 0.00 100.00 22,264.39 Group II 0134242478 116,000.66 2,662.29 2,662.29

Realized Loss Report - Collateral Summary MDR SDA Current Month 0.~~000~~186% Current Month 04.~~000~~202% 3 Month Average 0.~~000~~073% 3 Month Average 01.~~000~~662% 12 Month Average 0.000% 12 Month Average 0.000% MDR: Current vs 12mo Average* SDA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. ~~Oct~~Jan-~~2004~~2005 N/A N/A ~~Oct~~Jan-~~2004~~2005 N/A N/A ~~Nov~~Feb-~~2004~~2005 ~~N/A~~0.000% N/A ~~Nov~~Feb-~~2004~~2005 ~~N/A~~0.000% N/A ~~Dec~~Mar-~~2004~~2005 ~~N/A~~0.000% N/A ~~Dec~~Mar-~~2004~~2005 ~~N/A~~0.000% N/A ~~Jan~~Apr-2005 ~~N/A~~0.000% N/A ~~Jan~~Apr-2005 ~~N/A~~0.000% N/A ~~Feb~~May-2005 0.000% N/A ~~Feb~~May-2005 0.000% N/A ~~Mar~~Jun-2005 0.000% N/A ~~Mar~~Jun-2005 0.000% N/A ~~Apr~~Jul-2005 0.000% N/A ~~Apr~~Jul-2005 0.000% N/A ~~May~~Aug-2005 0.000% N/A ~~May~~Aug-2005 0.000% N/A ~~Jun~~Sep-2005 0.000% N/A ~~Jun~~Sep-2005 0.000% N/A ~~Jul~~Oct-2005 0.000% N/A ~~Jul~~Oct-2005 0.000% N/A ~~Aug~~Nov-2005 0.~~000~~033% N/A ~~Aug~~Nov-2005 0.~~000~~784% N/A ~~Sep~~Dec-2005 0.~~000~~186% N/A ~~Sep~~Dec-2005 04.~~000~~202% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www. monthly bond remittance report can be viewed online at ~~www.~~ctslink.com. www.ctslink.com. CDR Loss Severity Approximation Current Month 02.~~000~~210% Current Month 02.~~000~~189% 3 Month Average 0.~~000~~869% 3 Month Average 0.~~000~~730% 12 Month Average 0.000% 12 Month Average 0.000% CDR: Current vs 12mo Average* Loss Severity: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. ~~Oct~~Jan-~~2004~~2005 N/A N/A ~~Oct~~Jan-~~2004~~2005 N/A N/A ~~Nov~~Feb-~~2004~~2005 ~~N/A~~0.000% N/A ~~Nov~~Feb-~~2004~~2005 ~~N/A~~0.000% N/A ~~Dec~~Mar-~~2004~~2005 ~~N/A~~0.000% N/A ~~Dec~~Mar-~~2004~~2005 ~~N/A~~0.000% N/A ~~Jan~~Apr-2005 ~~N/A~~0.000% N/A ~~Jan~~Apr-2005 ~~N/A~~0.000% N/A ~~Feb~~May-2005 0.000% N/A ~~Feb~~May-2005 0.000% N/A ~~Mar~~Jun-2005 0.000% N/A ~~Mar~~Jun-2005 0.000% N/A ~~Apr~~Jul-2005 0.000% N/A ~~Apr~~Jul-2005 0.000% N/A ~~May~~Aug-2005 0.000% N/A ~~May~~Aug-2005 0.000% N/A ~~Jun~~Sep-2005 0.000% N/A ~~Jun~~Sep-2005 0.000% N/A ~~Jul~~Oct-2005 0.000% N/A ~~Jul~~Oct-2005 0.000% N/A ~~Aug~~Nov-2005 0.~~000~~397% N/A ~~Aug~~Nov-2005 0.000% N/A ~~Sep~~Dec-2005 02.~~000~~210% N/A ~~Sep~~Dec-2005 02.~~000~~189% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www. monthly bond remittance report can be viewed online at ~~www.~~ctslink.com. www.ctslink.com. Group I MDR SDA Current Month 0.~~000~~189% Current Month 04.~~000~~121% 3 Month Average 0.~~000~~063% 3 Month Average 01.~~000~~374% 12 Month Average 0.000% 12 Month Average 0.000% MDR: Current vs 12mo Average* SDA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. ~~Oct~~Jan-~~2004~~2005 N/A N/A ~~Oct~~Jan-~~2004~~2005 N/A N/A ~~Nov~~Feb-~~2004~~2005 ~~N/A~~0.000% N/A ~~Nov~~Feb-~~2004~~2005 ~~N/A~~0.000% N/A ~~Dec~~Mar-~~2004~~2005 ~~N/A~~0.000% N/A ~~Dec~~Mar-~~2004~~2005 ~~N/A~~0.000% N/A ~~Jan~~Apr-2005 ~~N/A~~0.000% N/A ~~Jan~~Apr-2005 ~~N/A~~0.000% N/A ~~Feb~~May-2005 0.000% N/A ~~Feb~~May-2005 0.000% N/A ~~Mar~~Jun-2005 0.000% N/A ~~Mar~~Jun-2005 0.000% N/A ~~Apr~~Jul-2005 0.000% N/A ~~Apr~~Jul-2005 0.000% N/A ~~May~~Aug-2005 0.000% N/A ~~May~~Aug-2005 0.000% N/A ~~Jun~~Sep-2005 0.000% N/A ~~Jun~~Sep-2005 0.000% N/A ~~Jul~~Oct-2005 0.000% N/A ~~Jul~~Oct-2005 0.000% N/A ~~Aug~~Nov-2005 0.000% N/A ~~Aug~~Nov-2005 0.000% N/A ~~Sep~~Dec-2005 0.~~000~~189% N/A ~~Sep~~Dec-2005 04.~~000~~121% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www. monthly bond remittance report can be viewed online at ~~www.~~ctslink.com. www.ctslink.com. CDR Loss Severity Approximation Current Month 02.~~000~~242% Current Month 02.~~000~~114% 3 Month Average 0.~~000~~747% 3 Month Average 0.~~000~~705% 12 Month Average 0.000% 12 Month Average 0.000% CDR: Current vs 12mo Average* Loss Severity: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. ~~Oct~~Jan-~~2004~~2005 N/A N/A ~~Oct~~Jan-~~2004~~2005 N/A N/A ~~Nov~~Feb-~~2004~~2005 ~~N/A~~0.000% N/A ~~Nov~~Feb-~~2004~~2005 ~~N/A~~0.000% N/A ~~Dec~~Mar-~~2004~~2005 ~~N/A~~0.000% N/A ~~Dec~~Mar-~~2004~~2005 ~~N/A~~0.000% N/A ~~Jan~~Apr-2005 ~~N/A~~0.000% N/A ~~Jan~~Apr-2005 ~~N/A~~0.000% N/A ~~Feb~~May-2005 0.000% N/A ~~Feb~~May-2005 0.000% N/A ~~Mar~~Jun-2005 0.000% N/A ~~Mar~~Jun-2005 0.000% N/A ~~Apr~~Jul-2005 0.000% N/A ~~Apr~~Jul-2005 0.000% N/A ~~May~~Aug-2005 0.000% N/A ~~May~~Aug-2005 0.000% N/A ~~Jun~~Sep-2005 0.000% N/A ~~Jun~~Sep-2005 0.000% N/A ~~Jul~~Oct-2005 0.000% N/A ~~Jul~~Oct-2005 0.000% N/A ~~Aug~~Nov-2005 0.000% N/A ~~Aug~~Nov-2005 0.000% N/A ~~Sep~~Dec-2005 02.~~000~~242% N/A ~~Sep~~Dec-2005 02.~~000~~114% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www. monthly bond remittance report can be viewed online at ~~www.~~ctslink.com. www.ctslink.com. Group II MDR SDA Current Month 0.~~000~~180% Current Month 04.~~000~~391% 3 Month Average 0.~~000~~094% 3 Month Average 02.~~000~~332% 12 Month Average 0.000% 12 Month Average 0.000% MDR: Current vs 12mo Average* SDA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. ~~Oct~~Jan-~~2004~~2005 N/A N/A ~~Oct~~Jan-~~2004~~2005 N/A N/A ~~Nov~~Feb-~~2004~~2005 ~~N/A~~0.000% N/A ~~Nov~~Feb-~~2004~~2005 ~~N/A~~0.000% N/A ~~Dec~~Mar-~~2004~~2005 ~~N/A~~0.000% N/A ~~Dec~~Mar-~~2004~~2005 ~~N/A~~0.000% N/A ~~Jan~~Apr-2005 ~~N/A~~0.000% N/A ~~Jan~~Apr-2005 ~~N/A~~0.000% N/A ~~Feb~~May-2005 0.000% N/A ~~Feb~~May-2005 0.000% N/A ~~Mar~~Jun-2005 0.000% N/A ~~Mar~~Jun-2005 0.000% N/A ~~Apr~~Jul-2005 0.000% N/A ~~Apr~~Jul-2005 0.000% N/A ~~May~~Aug-2005 0.000% N/A ~~May~~Aug-2005 0.000% N/A ~~Jun~~Sep-2005 0.000% N/A ~~Jun~~Sep-2005 0.000% N/A ~~Jul~~Oct-2005 0.000% N/A ~~Jul~~Oct-2005 0.000% N/A ~~Aug~~Nov-2005 0.~~000~~102% N/A ~~Aug~~Nov-2005 02.~~000~~605% N/A ~~Sep~~Dec-2005 0.~~000~~180% N/A ~~Sep~~Dec-2005 04.~~000~~391% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www. monthly bond remittance report can be viewed online at ~~www.~~ctslink.com. www.ctslink.com. CDR Loss Severity Approximation Current Month 02.~~000~~144% Current Month 02.~~000~~312% 3 Month Average 01.~~000~~121% 3 Month Average 0.~~000~~771% 12 Month Average 0.000% 12 Month Average 0.000% CDR: Current vs 12mo Average* Loss Severity: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. ~~Oct~~Jan-~~2004~~2005 N/A N/A ~~Oct~~Jan-~~2004~~2005 N/A N/A ~~Nov~~Feb-~~2004~~2005 ~~N/A~~0.000% N/A ~~Nov~~Feb-~~2004~~2005 ~~N/A~~0.000% N/A ~~Dec~~Mar-~~2004~~2005 ~~N/A~~0.000% N/A ~~Dec~~Mar-~~2004~~2005 ~~N/A~~0.000% N/A ~~Jan~~Apr-2005 ~~N/A~~0.000% N/A ~~Jan~~Apr-2005 ~~N/A~~0.000% N/A ~~Feb~~May-2005 0.000% N/A ~~Feb~~May-2005 0.000% N/A ~~Mar~~Jun-2005 0.000% N/A ~~Mar~~Jun-2005 0.000% N/A ~~Apr~~Jul-2005 0.000% N/A ~~Apr~~Jul-2005 0.000% N/A ~~May~~Aug-2005 0.000% N/A ~~May~~Aug-2005 0.000% N/A ~~Jun~~Sep-2005 0.000% N/A ~~Jun~~Sep-2005 0.000% N/A ~~Jul~~Oct-2005 0.000% N/A ~~Jul~~Oct-2005 0.000% N/A ~~Aug~~Nov-2005 01.~~000~~219% N/A ~~Aug~~Nov-2005 0.000% N/A ~~Sep~~Dec-2005 02.~~000~~144% N/A ~~Sep~~Dec-2005 02.~~000~~312% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www. monthly bond remittance report can be viewed online at ~~www.~~ctslink.com. www.ctslink.com. Calculation Methodology: Monthly Default Rate (MDR): sum(Beg Principal Balance of Liquidated Loans)/ sum(Beg Principal Balance). Conditional Default Rate (CDR): 1-((1-MDR)^12) SDA Standard Default Assumption: If WAS is less than or equal to 30 then CDR/(WAS*0.02) else if WAS is greater than 30 and less than or equal to 60 then CDR/0.6 else if WAS is greater than 60 and less than or equal to 120 then CDR/(0.6 - ((WAS-60)*0.0095)) else if WAS is greater than 120 then CDR/0.03 Loss Severity Approximation for current period: sum(Realized Loss Amount)/sum(Beg Principal Balance of Liquidated Loans)

Prepayment - Voluntary Prepayments

Filing Compare · BSABS 20005-SD1