8-K 1 ahm04001_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 AMERICAN HOME MORTGAGE INVESTMENT TRUST Mortgage-Backed Notes, Series 2004-1 (Exact name of registrant as specified in its charter) New York (governing law of 333-112273-01 Pooling and Servicing Agreement) (Commission N/A (State or other File Number) IRS EIN jurisdiction of Incorporation) c/o Wells Fargo Bank, N.A. 9062 Old Annapolis Road Columbia, MD 21045 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (410) 884-2000 (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act(17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act(17 CFR 240.13e-4(c)) ITEM 8.01 Other Events On December 27, 2005 a distribution was made to holders of AMERICAN HOME MORTGAGE INVESTMENT TRUST, Mortgage-Backed Notes, Series 2004-1 Trust. ITEM 9.01 Financial Statements and Exhibits (c) Exhibits Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage-Backed Notes, Series 2004-1 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. AMERICAN HOME MORTGAGE INVESTMENT TRUST Mortgage-Backed Notes, Series 2004-1 Trust (Registrant) By: Wells Fargo Bank, N.A. as Indenture Trustee By: /s/ Beth Belfield as Officer By: Beth Belfield as Officer Date: 12/31/2005 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage-Backed Notes, Series 2004-1 Trust, relating to the December 27, 2005 distribution. EX-99.1 AMERICAN HOME MORTGAGE INVESTMENT TRUST Mortgage-Backed Notes Record Date: 11/30/2005 Distribution Date: 12/27/2005 AMERICAN HOME MORTGAGE INVESTMENT TRUST Mortgage-Backed Notes Series 2004-1 Contact: Customer Service - CTSLink Wells Fargo Bank, N.A. Securities Administration Services 7485 New Horizon Way Frederick, MD 21703 www.ctslink.com Telephone: (301) 815-6600 Fax: (301) 815-6660

AMERICAN HOME MORTGAGE INVESTMENT TRUST Mortgage-Backed Notes Record Date: 8/31/2005 Distribution Date: 9/26/2005 AMERICAN HOME MORTGAGE INVESTMENT TRUST Mortgage-Backed Notes Series 2004-1 Contact: Customer Service - CTSLink Wells Fargo Bank, N.A. Securities Administration Services 7485 New Horizon Way Frederick, MD 21703 www.ctslink.com Telephone: (301) 815-6600 Fax: (301) 815-6660 Certificateholder Distribution Summary ~~Certificate~~Class CUSIP Certificate Beginning ~~Class~~Interest Pass-Through Certificate ~~Interest~~Distribution ~~Class CUSIP Description~~ Rate Balance ~~Distribution~~ I-A 02660TAE3 ~~SEN 3~~4.~~99125~~54375% 7356,~~979~~336,~~696~~556.7994 ~~262~~227,~~463~~537.5209 I-M-1 02660TAF0 ~~MEZ~~ 4.~~24125~~79375% 43,~~960~~777,~~731~~665.3115 1816,~~701~~097.9605 I-M-2 02660TAG8 ~~MEZ 4~~5.~~89125~~44375% 43,~~313~~284,~~457~~757.6937 1815,~~671~~894.5658 I-M-3 02660TAH6 ~~MEZ 5~~6.~~64125~~19375% 21,~~588~~971,~~548~~215.1402 1110,~~204~~852.9963 2-A-1 02660TAJ2 ~~SEN~~ 2.61000% 5143,~~005~~531,~~688~~841.3714 ~~110~~94,~~937~~681.3775 2-M-1 02660TAK9 ~~MEZ~~ 3.25000% 43,~~384~~742,~~505~~045.6039 1110,~~874~~134.7071 2-M-2 02660TAL7 ~~MEZ~~ 3.45500% 1,~~899~~621,~~935~~538.5358 54,~~470~~668.2368 2-M-3 02660TAM5 ~~MEZ~~ 3.66000% ~~876~~748,~~951~~452.8335 2,~~674~~282.7078 3-A-1 02660TAN3 ~~SEN~~ 3.28000% ~~106~~97,~~670~~925,~~015~~162.4780 ~~291~~267,~~564~~662.7111 3-M-1 02660TAP8 ~~MEZ~~ 3.49500% 54,~~133~~712,~~824~~951.4537 1413,~~952~~726.2647 3-M-2 02660TAQ6 ~~MEZ~~ 3.70000% 1,~~711~~571,~~866~~526.1363 54,~~278~~845.2554 4-A-1 02660TAR4 ~~SEN~~ 3.28000% 5043,~~747~~814,~~445~~762.9271 ~~138~~119,~~709~~760.6935 4-M-1 02660TAS2 ~~MEZ~~ 3.49500% 2,~~544~~196,~~538~~925.4632 76,~~410~~398.9754 4-M-2 02660TAT0 ~~MEZ~~ 3.70000% 1,~~837~~586,~~844~~774.7205 54,~~666~~892.6955 4-M-3 02660TAU7 ~~MEZ~~ 3.90500% 1976,~~131,150~~622.9878 3,~~680~~178.9509 OT AHM0401OT OT 0.00000% 0.00 ~~388~~310,~~291~~502.8474 Totals ~~313~~267,~~786~~798,~~201~~797.3960 1,~~297~~113,~~554~~115.3966

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 72,~~150~~947,~~281~~877.3920 0.00 6653,~~829~~388,~~415~~679.4074 73,~~412~~175,~~744~~414.9129 0.00 I-M-1 ~~479~~197,~~464~~670.3281 0.00 43,~~481~~579,~~267~~994.0033 ~~498~~213,~~166~~767.2886 0.00 I-M-2 ~~416~~171,~~904~~878.0683 0.00 3,~~896~~112,~~553~~878.6255 ~~435~~187,~~575~~773.6241 0.00 I-M-3 ~~250~~103,~~188~~146.2117 0.00 21,~~338~~868,~~359~~068.9386 ~~261~~113,~~393~~998.2080 0.00 2-A-1 1,~~373~~712,~~740~~154.9280 0.00 4941,~~631~~819,~~947~~686.4533 1,~~484~~806,~~678~~836.2955 0.00 2-M-1 ~~118~~147,~~088~~178.2973 0.00 43,~~266~~594,~~417~~866.3167 ~~129~~157,~~962~~313.9944 0.00 2-M-2 5163,~~171~~776.1488 0.00 1,~~848~~557,~~764~~761.3970 5668,~~641~~445.3756 0.00 2-M-3 2329,~~619~~437.0245 0.00 ~~853~~719,~~332~~014.8091 2631,~~293~~720.7223 0.00 3-A-1 3378,~~436,640~~721.9593 0.00 ~~103~~97,~~233~~546,~~374~~440.5286 3646,~~728,205~~384.6604 0.00 3-M-1 ~~165~~18,~~398~~227.9816 0.00 4,~~968~~694,~~425~~724.4720 ~~180~~31,~~351~~953.2463 0.00 3-M-2 556,~~152~~077.0482 0.00 1,~~656~~565,~~714~~448.0981 6010,~~430~~923.2936 0.00 4-A-1 2,~~774~~638,~~366~~058.4739 0.00 4741,~~973~~176,~~079~~704.4532 2,~~913~~757,~~076~~818.1674 0.00 4-M-1 ~~139~~132,~~110~~275.1045 0.00 2,~~405~~064,~~428~~649.3687 ~~146~~138,~~521~~673.0799 0.00 4-M-2 ~~100~~95,~~475~~538.1063 0.00 1,~~737~~491,~~369~~235.6241 ~~106~~100,~~141~~431.7918 0.00 4-M-3 6158,~~840~~801.1082 0.00 1917,~~069,310~~820.8796 6561,~~521~~979.0591 0.00 OT 0.00 0.00 0.00 ~~388~~310,~~291~~502.8474 0.00 Totals 168,~~596~~700,~~441~~822.0907 0.00 ~~297~~259,~~189~~097,~~760~~975.2852 179,~~893~~813,~~995~~937.4873 0.00 ~~All distributions required by the Pooling and Servicing Agreement have been calculated by the Certificate Administrator on behalf of the Trustee.~~ This report has been compiled from information provided to Wells Fargo Bank, N.A., by various third parties, which may include the Servicer, Master Servicer, Special Servicer and others. Wells Fargo Bank, N.A., has not independently confirmed the accuracy of information received from these third parties and assumes no duty to do so. Wells Fargo Bank, N.A., expressly disclaims any responsibility for the accuracy or completeness of information furnished by third parties.

Principal Distribution Statement Class Original Beginning Scheduled ~~Unscheduled~~UnScheduled Accretion Realized Face Certificate Principal Principal ~~Realized~~Loss ~~Class~~ Amount Balance Distribution Distribution ~~Accretion Loss (1)~~ I-A 203,101,000.00 7356,~~979~~336,~~696~~556.7994 0.00 72,~~150~~947,~~281~~877.3920 0.00 0.00 I-M-1 13,619,000.00 43,~~960~~777,~~731~~665.3115 0.00 ~~479~~197,~~464~~670.3281 0.00 0.00 I-M-2 11,842,000.00 43,~~313~~284,~~457~~757.6937 0.00 ~~416~~171,~~904~~878.0683 0.00 0.00 I-M-3 7,106,500.00 21,~~588~~971,~~548~~215.1402 0.00 ~~250~~103,~~188~~146.2117 0.00 0.00 2-A-1 100,592,000.00 5143,~~005~~531,~~688~~841.3714 0.00 1,~~373~~712,~~740~~154.9280 0.00 0.00 2-M-1 8,647,000.00 43,~~384~~742,~~505~~045.6039 0.00 ~~118~~147,~~088~~178.2973 0.00 0.00 2-M-2 3,747,000.00 1,~~899~~621,~~935~~538.5358 0.00 5163,~~171~~776.1488 0.00 0.00 2-M-3 1,729,500.00 ~~876~~748,~~951~~452.8335 0.00 2329,~~619~~437.0245 0.00 0.00 3-A-1 150,328,000.00 ~~106~~97,~~670~~925,~~015~~162.4780 0.00 3378,~~436,640~~721.9593 0.00 0.00 3-M-1 7,235,000.00 54,~~133~~712,~~824~~951.4537 0.00 ~~165~~18,~~398~~227.9816 0.00 0.00 3-M-2 2,412,500.00 1,~~711~~571,~~866~~526.1363 0.00 556,~~152~~077.0482 0.00 0.00 4-A-1 92,060,000.00 5043,~~747~~814,~~445~~762.9271 0.00 2,~~774~~638,~~366~~058.4739 0.00 0.00 4-M-1 4,616,000.00 2,~~544~~196,~~538~~925.4632 0.00 ~~139~~132,~~110~~275.1045 0.00 0.00 4-M-2 3,334,000.00 1,~~837~~586,~~844~~774.7205 0.00 ~~100~~95,~~475~~538.1063 0.00 0.00 4-M-3 2,052,000.00 1976,~~131,150~~622.9878 0.00 6158,~~840~~801.1082 0.00 0.00 OT 0.00 0.00 0.00 0.00 0.00 0.00 Totals 612,421,500.00 ~~313~~267,~~786~~798,~~201~~797.3960 0.00 168,~~596~~700,~~441~~822.0907 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 72,~~150~~947,~~281~~877.3920 6653,~~829~~388,~~415~~679.4074 0.~~32904523~~262868 72,~~150~~947,~~281~~877.3920 I-M-1 ~~479~~197,~~464~~670.3281 43,~~481~~579,~~267~~994.0033 0.~~32904523~~262868 ~~479~~197,~~464~~670.3281 I-M-2 ~~416~~171,~~904~~878.0683 3,~~896~~112,~~553~~878.6255 0.~~32904523~~262868 ~~416~~171,~~904~~878.0683 I-M-3 ~~250~~103,~~188~~146.2117 21,~~338~~868,~~359~~068.9386 0.~~32904523~~262868 ~~250~~103,~~188~~146.2117 2-A-1 1,~~373~~712,~~740~~154.9280 4941,~~631~~819,~~947~~686.4533 0.~~49339856~~415736 1,~~373~~712,~~740~~154.9280 2-M-1 ~~118~~147,~~088~~178.2973 43,~~266~~594,~~417~~866.3167 0.~~49339856~~415736 ~~118~~147,~~088~~178.2973 2-M-2 5163,~~171~~776.1488 1,~~848~~557,~~764~~761.3970 0.~~49339856~~415736 5163,~~171~~776.1488 2-M-3 2329,~~619~~437.0245 ~~853~~719,~~332~~014.8091 0.~~49339855~~415736 2329,~~619~~437.0245 3-A-1 3378,~~436,640~~721.9593 ~~103~~97,~~233~~546,~~374~~440.5286 0.~~68672087~~648891 3378,~~436,640~~721.9593 3-M-1 ~~165~~18,~~398~~227.9816 4,~~968~~694,~~425~~724.4720 0.~~68672087~~648891 ~~165~~18,~~398~~227.9816 3-M-2 556,~~152~~077.0482 1,~~656~~565,~~714~~448.0981 0.~~68672087~~648891 556,~~152~~077.0482 4-A-1 2,~~774~~638,~~366~~058.4739 4741,~~973~~176,~~079~~704.4532 0.~~52110666~~447281 2,~~774~~638,~~366~~058.4739 4-M-1 ~~139~~132,~~110~~275.1045 2,~~405~~064,~~428~~649.3687 0.~~52110666~~447281 ~~139~~132,~~110~~275.1045 4-M-2 ~~100~~95,~~475~~538.1063 1,~~737~~491,~~369~~235.6241 0.~~52110666~~447281 ~~100~~95,~~475~~538.1063 4-M-3 6158,~~840~~801.1082 1917,~~069,310~~820.8796 0.~~52110666~~447281 6158,~~840~~801.1082 OT 0.00 0.00 0.~~00000000~~000000 0.00 Totals 168,~~596~~700,~~441~~822.0907 ~~297~~259,~~189~~097,~~760~~975.2852 0.~~48526997~~423071 168,~~596~~700,~~441~~822.0907

Principal Distribution Factors Statement Class Original Beginning Scheduled ~~Unscheduled~~UnScheduled Accretion Face Certificate Principal Principal ~~Class (2)~~ Amount Balance Distribution Distribution ~~Accretion~~ I-A 203,101,000.00 ~~364~~277.~~25077567~~381977 0.~~00000000~~000000 3514.~~20554498~~514341 0.~~00000000~~000000 I-M-1 13,619,000.00 ~~364~~277.~~25077539~~381977 0.~~00000000~~000000 3514.~~20554519~~514341 0.~~00000000~~000000 I-M-2 11,842,000.00 ~~364~~277.~~25077605~~381977 0.~~00000000~~000000 3514.~~20554467~~514341 0.~~00000000~~000000 I-M-3 7,106,500.00 ~~364~~277.~~25077605~~381977 0.~~00000000~~000000 3514.~~20554563~~514342 0.~~00000000~~000000 2-A-1 100,592,000.00 ~~507~~432.~~05511740~~756493 0.~~00000000~~000000 1317.~~65656235~~020785 0.~~00000000~~000000 2-M-1 8,647,000.00 ~~507~~432.~~05511738~~756492 0.~~00000000~~000000 1317.~~65656181~~020785 0.~~00000000~~000000 2-M-2 3,747,000.00 ~~507~~432.~~05511876~~756493 0.~~00000000~~000000 1317.~~65656258~~020785 0.~~00000000~~000000 2-M-3 1,729,500.00 ~~507~~432.~~05511998~~756490 0.~~00000000~~000000 1317.~~65655970~~020786 0.~~00000000~~000000 3-A-1 150,328,000.00 ~~709~~651.~~58181756~~410002 0.~~00000000~~000000 222.~~86095039~~519304 0.~~00000000~~000000 3-M-1 7,235,000.00 ~~709~~651.~~58181755~~410003 0.~~00000000~~000000 222.~~86095093~~519303 0.~~00000000~~000000 3-M-2 2,412,500.00 ~~709~~651.~~58181554~~410002 0.~~00000000~~000000 222.~~86094922~~519304 0.~~00000000~~000000 4-A-1 92,060,000.00 ~~551~~475.~~24316663~~937027 0.~~00000000~~000000 3028.~~13650304~~655859 0.~~00000000~~000000 4-M-1 4,616,000.00 ~~551~~475.~~24316724~~937028 0.~~00000000~~000000 3028.~~13650347~~655860 0.~~00000000~~000000 4-M-2 3,334,000.00 ~~551~~475.~~24316737~~937028 0.~~00000000~~000000 3028.~~13650270~~655858 0.~~00000000~~000000 4-M-3 2,052,000.00 ~~551~~475.~~24316764~~937027 0.~~00000000~~000000 3028.~~13650097~~655858 0.~~00000000~~000000 OT 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 0.~~00000000~~000000 3514.~~20554498~~514341 ~~329~~262.~~04523070~~867636 0.~~32904523~~262868 3514.~~20554498~~514341 I-M-1 0.~~00000000~~000000 3514.~~20554519~~514341 ~~329~~262.~~04523093~~867636 0.~~32904523~~262868 3514.~~20554519~~514341 I-M-2 0.~~00000000~~000000 3514.~~20554467~~514341 ~~329~~262.~~04523054~~867636 0.~~32904523~~262868 3514.~~20554467~~514341 I-M-3 0.~~00000000~~000000 3514.~~20554563~~514342 ~~329~~262.~~04523042~~867637 0.~~32904523~~262868 3514.~~20554563~~514342 2-A-1 0.~~00000000~~000000 1317.~~65656235~~020785 ~~493~~415.~~39855505~~735708 0.~~49339856~~415736 1317.~~65656235~~020785 2-M-1 0.~~00000000~~000000 1317.~~65656181~~020785 ~~493~~415.~~39855557~~735708 0.~~49339856~~415736 1317.~~65656181~~020785 2-M-2 0.~~00000000~~000000 1317.~~65656258~~020785 ~~493~~415.~~39855618~~735709 0.~~49339856~~415736 1317.~~65656258~~020785 2-M-3 0.~~00000000~~000000 1317.~~65655970~~020786 ~~493~~415.~~39855450~~735710 0.~~49339855~~415736 1317.~~65655970~~020786 3-A-1 0.~~00000000~~000000 222.~~86095039~~519304 ~~686~~648.~~72086717~~890698 0.~~68672087~~648891 222.~~86095039~~519304 3-M-1 0.~~00000000~~000000 222.~~86095093~~519303 ~~686~~648.~~72086662~~890698 0.~~68672087~~648891 222.~~86095093~~519303 3-M-2 0.~~00000000~~000000 222.~~86094922~~519304 ~~686~~648.~~72086632~~890698 0.~~68672087~~648891 222.~~86094922~~519304 4-A-1 0.~~00000000~~000000 3028.~~13650304~~655859 ~~521~~447.~~10666359~~281168 0.~~52110666~~447281 3028.~~13650304~~655859 4-M-1 0.~~00000000~~000000 3028.~~13650347~~655860 ~~521~~447.~~10666378~~281168 0.~~52110666~~447281 3028.~~13650347~~655860 4-M-2 0.~~00000000~~000000 3028.~~13650270~~655858 ~~521~~447.~~10666467~~281167 0.~~52110666~~447281 3028.~~13650270~~655858 4-M-3 0.~~00000000~~000000 3028.~~13650097~~655858 ~~521~~447.~~10666179~~281170 0.~~52110666~~447281 3028.~~13650097~~655858 OT 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 ~~203,101,000.00~~11/25/05 3- 12/26/05 32 4.~~99125~~54375% 7356,~~979~~336,~~696~~556.7994 ~~262~~227,~~463~~537.5209 0.00 ~~0.00~~ I-M-1 ~~13,619,000.00~~11/25/05 - 12/26/05 32 4.~~24125~~79375% 43,~~960~~777,~~731~~665.3115 1816,~~701~~097.9605 0.00 ~~0.00~~ I-M-2 11~~,842,000.00~~/25/05 4- 12/26/05 32 5.~~89125~~44375% 43,~~313~~284,~~457~~757.6937 1815,~~753~~894.9658 0.00 ~~0.00~~ I-M-3 ~~7,106,500.00~~11/25/05 5- 12/26/05 32 6.~~64125~~19375% 21,~~588~~971,~~548~~215.1402 1210,~~980~~852.1363 0.00 ~~0.00~~ 2-A-1 ~~100,592,000.00~~11/01/05 - 11/30/05 30 2.61000% 5143,~~005~~531,~~688~~841.3714 ~~110~~94,~~937~~681.3775 0.00 ~~0.00~~ 2-M-1 ~~8,647,000.00~~11/01/05 - 11/30/05 30 3.25000% 43,~~384~~742,~~505~~045.6039 1110,~~874~~134.7071 0.00 ~~0.00~~ 2-M-2 ~~3,747,000.00~~11/01/05 - 11/30/05 30 3.45500% 1,~~899~~621,~~935~~538.5358 54,~~470~~668.2368 0.00 ~~0.00~~ 2-M-3 ~~1,729,500.00~~11/01/05 - 11/30/05 30 3.66000% ~~876~~748,~~951~~452.8335 2,~~674~~282.7078 0.00 ~~0.00~~ 3-A-1 ~~150,328,000.00~~11/01/05 - 11/30/05 30 3.28000% ~~106~~97,~~670~~925,~~015~~162.4780 ~~291~~267,~~564~~662.7111 0.00 ~~0.00~~ 3-M-1 ~~7,235,000.00~~11/01/05 - 11/30/05 30 3.49500% 54,~~133~~712,~~824~~951.4537 1413,~~952~~726.2647 0.00 ~~0.00~~ 3-M-2 ~~2,412,500.00~~11/01/05 - 11/30/05 30 3.70000% 1,~~711~~571,~~866~~526.1363 54,~~278~~845.2554 0.00 ~~0.00~~ 4-A-1 ~~92,060,000.00~~11/01/05 - 11/30/05 30 3.28000% 5043,~~747~~814,~~445~~762.9271 ~~138~~119,~~709~~760.6935 0.00 ~~0.00~~ 4-M-1 ~~4,616,000.00~~11/01/05 - 11/30/05 30 3.49500% 2,~~544~~196,~~538~~925.4632 76,~~410~~398.9754 0.00 ~~0.00~~ 4-M-2 ~~3,334,000.00~~11/01/05 - 11/30/05 30 3.70000% 1,~~837~~586,~~844~~774.7205 54,~~666~~892.6955 0.00 ~~0.00~~ 4-M-3 ~~2,052,000.00~~11/01/05 - 11/30/05 30 3.90500% 1976,~~131,150~~622.9878 3,~~680~~178.9509 0.00 ~~0.00~~ OT ~~0.00~~N/A N/A 0.00000% 0.00 0.00 0.00 ~~0.00~~ Totals ~~612~~802,~~421,500~~612.0092 ~~911,120.09~~ 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 0.00 0.00 ~~262~~227,~~463~~537.5209 0.00 6653,~~829~~388,~~415~~679.4074 I-M-1 0.00 0.00 1816,~~701~~097.9605 0.00 43,~~481~~579,~~267~~994.0033 I-M-2 0.00 0.00 1815,~~671~~894.5658 0.00 3,~~896~~112,~~553~~878.6255 I-M-3 0.00 0.00 1110,~~204~~852.9963 0.00 21,~~338~~868,~~359~~068.9386 2-A-1 0.00 0.00 ~~110~~94,~~937~~681.3775 0.00 4941,~~631~~819,~~947~~686.4533 2-M-1 0.00 0.00 1110,~~874~~134.7071 0.00 43,~~266~~594,~~417~~866.3167 2-M-2 0.00 0.00 54,~~470~~668.2368 0.00 1,~~848~~557,~~764~~761.3970 2-M-3 0.00 0.00 2,~~674~~282.7078 0.00 ~~853~~719,~~332~~014.8091 3-A-1 0.00 0.00 ~~291~~267,~~564~~662.7111 0.00 ~~103~~97,~~233~~546,~~374~~440.5286 3-M-1 0.00 0.00 1413,~~952~~726.2647 0.00 4,~~968~~694,~~425~~724.4720 3-M-2 0.00 0.00 54,~~278~~845.2554 0.00 1,~~656~~565,~~714~~448.0981 4-A-1 0.00 0.00 ~~138~~119,~~709~~760.6935 0.00 4741,~~973~~176,~~079~~704.4532 4-M-1 0.00 0.00 76,~~410~~398.9754 0.00 2,~~405~~064,~~428~~649.3687 4-M-2 0.00 0.00 54,~~666~~892.6955 0.00 1,~~737~~491,~~369~~235.6241 4-M-3 0.00 0.00 3,~~680~~178.9509 0.00 1917,~~069,310~~820.8796 OT 0.00 0.00 ~~388~~310,~~291~~502.8474 0.00 0.00 Totals 0.00 0.00 1,~~297~~113,~~554~~115.3966 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 11/25/05 - 12/26/05 203,101,000.00 34.~~99125~~54375% ~~364~~277.~~25077567~~381977 1.~~29228079~~120315 0.~~00000000~~000000 ~~0.00000000~~ I-M-1 11/25/05 - 12/26/05 13,619,000.00 4.~~24125~~79375% ~~364~~277.~~25077539~~381977 1.~~37322564~~181955 0.~~00000000~~000000 ~~0.00000000~~ I-M-2 11/25/05 - 12/26/05 11,842,000.00 45.~~89125~~44375% ~~364~~277.~~25077605~~381977 1.~~58368181~~342221 0.~~00000000~~000000 ~~0.00000000~~ I-M-3 11/25/05 - 12/26/05 7,106,500.00 56.~~64125~~19375% ~~364~~277.~~25077605~~381977 1.~~82651516~~527141 0.~~00000000~~000000 ~~0.00000000~~ 2-A-1 11/01/05 - 11/30/05 100,592,000.00 2.61000% ~~507~~432.~~05511740~~756493 ~~1.10284486~~ 0.~~00000000~~941245 0.~~00000000~~000000 2-M-1 11/01/05 - 11/30/05 8,647,000.00 3.25000% ~~507~~432.~~05511738~~756492 1.~~37327397~~172049 0.~~00000000~~000000 ~~0.00000000~~ 2-M-2 11/01/05 - 11/30/05 3,747,000.00 3.45500% ~~507~~432.~~05511876~~756493 1.~~45989592~~245978 0.~~00000000~~000000 ~~0.00000000~~ 2-M-3 11/01/05 - 11/30/05 1,729,500.00 3.66000% ~~507~~432.~~05511998~~756490 1.~~54651633~~319907 0.~~00000000~~000000 ~~0.00000000~~ 3-A-1 11/01/05 - 11/30/05 150,328,000.00 3.28000% ~~709~~651.~~58181756~~410002 1.~~93952364~~780521 0.~~00000000~~000000 ~~0.00000000~~ 3-M-1 11/01/05 - 11/30/05 7,235,000.00 3.49500% ~~709~~651.~~58181755~~410003 21.~~06665653~~897232 0.~~00000000~~000000 ~~0.00000000~~ 3-M-2 11/01/05 - 11/30/05 2,412,500.00 3.70000% ~~709~~651.~~58181554~~410002 2.~~18787565~~008514 0.~~00000000~~000000 ~~0.00000000~~ 4-A-1 11/01/05 - 11/30/05 92,060,000.00 3.28000% ~~551~~475.~~24316663~~937027 1.~~50673137~~300895 0.~~00000000~~000000 ~~0.00000000~~ 4-M-1 11/01/05 - 11/30/05 4,616,000.00 3.49500% ~~551~~475.~~24316724~~937028 1.~~60549610~~386166 0.~~00000000~~000000 ~~0.00000000~~ 4-M-2 11/01/05 - 11/30/05 3,334,000.00 3.70000% ~~551~~475.~~24316737~~937028 1.~~69966707~~467472 0.~~00000000~~000000 ~~0.00000000~~ 4-M-3 11/01/05 - 11/30/05 2,052,000.00 3.90500% ~~551~~475.~~24316764~~937027 1.~~79383528~~548777 0.~~00000000~~000000 ~~0.00000000~~ OT 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 0.~~00000000~~000000 0.~~00000000~~000000 1.~~29228079~~120315 0.~~00000000~~000000 ~~329~~262.~~04523070~~867636 I-M-1 0.~~00000000~~000000 0.~~00000000~~000000 1.~~37322564~~181955 0.~~00000000~~000000 ~~329~~262.~~04523093~~867636 I-M-2 0.~~00000000~~000000 0.~~00000000~~000000 1.~~57672353~~342221 0.~~00000000~~000000 ~~329~~262.~~04523054~~867636 I-M-3 0.~~00000000~~000000 0.~~00000000~~000000 1.~~57672413~~527141 0.~~00000000~~000000 ~~329~~262.~~04523042~~867637 2-A-1 0.~~00000000~~000000 0.~~00000000~~000000 10.~~10284486~~941245 0.~~00000000~~000000 ~~493~~415.~~39855505~~735708 2-M-1 0.~~00000000~~000000 0.~~00000000~~000000 1.~~37327397~~172049 0.~~00000000~~000000 ~~493~~415.~~39855557~~735708 2-M-2 0.~~00000000~~000000 0.~~00000000~~000000 1.~~45989592~~245978 0.~~00000000~~000000 ~~493~~415.~~39855618~~735709 2-M-3 0.~~00000000~~000000 0.~~00000000~~000000 1.~~54651633~~319907 0.~~00000000~~000000 ~~493~~415.~~39855450~~735710 3-A-1 0.~~00000000~~000000 0.~~00000000~~000000 1.~~93952364~~780521 0.~~00000000~~000000 ~~686~~648.~~72086717~~890698 3-M-1 0.~~00000000~~000000 0.~~00000000~~000000 21.~~06665653~~897232 0.~~00000000~~000000 ~~686~~648.~~72086662~~890698 3-M-2 0.~~00000000~~000000 0.~~00000000~~000000 2.~~18787565~~008514 0.~~00000000~~000000 ~~686~~648.~~72086632~~890698 4-A-1 0.~~00000000~~000000 0.~~00000000~~000000 1.~~50673137~~300895 0.~~00000000~~000000 ~~521~~447.~~10666359~~281168 4-M-1 0.~~00000000~~000000 0.~~00000000~~000000 1.~~60549610~~386166 0.~~00000000~~000000 ~~521~~447.~~10666378~~281168 4-M-2 0.~~00000000~~000000 0.~~00000000~~000000 1.~~69966707~~467472 0.~~00000000~~000000 ~~521~~447.~~10666467~~281167 4-M-3 0.~~00000000~~000000 0.~~00000000~~000000 1.~~79383528~~548777 0.~~00000000~~000000 ~~521~~447.~~10666179~~281170 OT 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 ~~17,993,339.45~~Component ~~Liquidations,~~Component ~~Insurance~~Class ~~Proceeds,~~Rate ~~Reserve~~Balance ~~Funds~~Balance ~~0.00~~Balance Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 40,121.38 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 18,033,460.83 Withdrawals Reimbursement for Servicer Advances 40,445.41 Payment of Service Fee 99,019.92 Payment of Interest and Principal 17,893,995.50 Total Withdrawals (Pool Distribution Amount) 18,033,460.83 Ending Balance ~~0.00~~Percentage

~~SERVICING~~ADMINISTRATION FEES Gross Servicing Fee* 9984,~~019~~648.9283 Indenture Trustee Fee 0.00 Supported Prepayment/Curtailment Interest Shortfall 0.00 ~~Net~~Total ~~Servicing~~Administration ~~Fee~~Fees 9984,~~019~~648.9283 *Servicer Payees include: AMERICAN HOME MTG CORP

~~LOAN~~COLLATERAL ~~STATUS~~STATEMENT ~~STRATIFICATION/CREDIT~~Collateral ~~ENHANCEMENT~~Description ~~STATEMENT~~Mixed ~~DELINQUENT~~ARM ~~BANKRUPTCY~~Weighted ~~FORECLOSURE~~Average ~~REO~~Gross ~~Total~~Coupon No5.307003% ofWeighted ~~Loans~~Average NoNet ofCoupon ~~Loans~~4.932004% NoWeighted ofAverage ~~Loans~~Pass-Through NoRate of4.932003% ~~Loans~~Weighted NoAverage ofRemaining ~~Loans~~Term ~~Principal~~339 ~~Balance~~Beginning ~~Principal~~Scheduled ~~Balance~~Collateral ~~Principal~~Loan ~~Balance~~Count ~~Principal~~1,080 ~~Balance~~Number ~~Principal~~Of ~~Balance~~Loans ~~0-29~~Paid ~~Days~~In 6Full 035 0Ending 6Scheduled ~~1,135,403.23~~Collateral ~~0.00~~Loan ~~0.00~~Count 1,~~135,403.23~~045 30Beginning ~~Days~~Scheduled 10Collateral 0Balance ~~0 0 10 1~~270,~~518~~876,~~569~~293.6081 ~~0.00~~Ending ~~0.00~~Scheduled ~~0.00~~Collateral 1Balance 262,~~518~~175,~~569~~471.6073 60Ending ~~Days~~Actual 0Collateral 0Balance 2at 030-Nov-2005 ~~2 0.00 0.00 868~~262,~~598.52 0.00 868~~425,~~598~~555.5218 90Monthly ~~Days~~P&I 2Constant ~~0 0 0 2~~ 1,~~255~~433,~~785~~259.4014 ~~0.00~~Special ~~0.00~~Servicing Fee 0.00 ~~1,255,785.40~~Prepayment ~~120~~Penalty ~~Days~~Waived 1Amount 0 ~~1 0 2 188,220~~.~~02 0.~~00 ~~162,700.00~~Prepayment ~~0.00~~Penalty ~~350,920.02~~Waived ~~150~~Count ~~Days~~ 0 2Prepayment 0Penalty 0Paid 2Amount 0.00 ~~314,439.23~~Prepayment ~~0.00~~Penalty ~~0.00~~Paid ~~314,439.23~~Count ~~180+ Days 4~~ 0 9Realized 0Loss 13Amount ~~999,406.23~~ 0.00 ~~1,945,888.63~~Cumulative ~~0.00~~Realized 2Loss 65,~~945,294~~964.8620 ~~Totals~~Ending 17Scheduled 8Balance 12for 0Premium 37Loans 3262,~~961~~175,~~981~~471.2573 ~~1,449,842.46~~Scheduled 2Principal 235,~~977,187~~307.1595 ~~0.00~~Unscheduled Principal 8,~~389~~465,~~010~~514.86 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0.503356% 0.000000% 0.000000% 0.503356% 0.377804% 0.000000% 0.000000% 0.377804% 30 Days 0.838926% 0.000000% 0.000000% 0.000000% 0.838926% 0.505302% 0.000000% 0.000000% 0.000000% 0.505302% 60 Days 0.000000% 0.000000% 0.167785% 0.000000% 0.167785% 0.000000% 0.000000% 0.289025% 0.000000% 0.289025% 90 Days 0.167785% 0.000000% 0.000000% 0.000000% 0.167785% 0.417861% 0.000000% 0.000000% 0.000000% 0.417861% 120 Days 0.083893% 0.000000% 0.083893% 0.000000% 0.167785% 0.062630% 0.000000% 0.054138% 0.000000% 0.116768% 150 Days 0.000000% 0.167785% 0.000000% 0.000000% 0.167785% 0.000000% 0.104629% 0.000000% 0.000000% 0.104629% 180+ Days 0.335570% 0.000000% 0.755034% 0.000000% 1.090604% 0.332551% 0.000000% 0.647492% 0.000000% 0.980043% Totals 1.426174% 0.671141% 1.006711% 0.000000% 3.104027% 1.318343% 0.482433% 0.990655% 0.000000% 2.791431%13

~~DELINQUENT~~Group ~~BANKRUPTCY~~Level ~~FORECLOSURE~~Collateral ~~REO~~Statement ~~Total~~Group Group I NoGroup ofII ~~Loans~~Group NoIII ofCollateral ~~Loans~~Description NoMixed ofARM ~~Loans~~Mixed NoARM ofMixed ~~Loans~~ARM NoWeighted ofAverage ~~Loans~~Coupon ~~Principal~~Rate ~~Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 1 0 0 1 273,691~~5.69887148 05.00139619 04.00728035 ~~273,691.69~~Weighted 30Average ~~Days~~Net 2Rate ~~0 0 0 2 336,986~~5.87512148 04.00764619 04.00353035 ~~0.00~~Weighted ~~336,986.87~~Average 60Remaining ~~Days~~Term 0339 0339 0338 0Beginning 0Loan ~~0.00~~Count ~~0.00~~286 ~~0.00~~229 ~~0.00~~302 ~~0.00~~Loans 90Paid ~~Days~~In 1Full 011 010 0 1 ~~1,064,500.00~~Ending ~~0.00~~Loan ~~0.00~~Count ~~0.00~~275 ~~1,064,500.00~~219 ~~120~~301 ~~Days~~Beginning 0Scheduled 0Balance ~~1 0 1 0.00 0.00 162~~66,~~700.00 0.00 162~~554,~~700~~458.0032 ~~150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180+ Days 4 0 6 0 10 999~~50,~~406.23 0.00 1~~220,~~580,270~~337.8359 ~~0.00 2~~105,~~579~~013,~~677~~538.0643 ~~Totals~~Ending 7Scheduled 1Balance ~~7 0 15 2~~63,~~400~~133,~~893~~885.1031 ~~273~~48,~~691.69 1~~267,~~742,970~~789.8373 ~~0.00 4~~104,~~417~~610,~~555~~511.6251 ~~0-29~~Record ~~Days~~Date ~~0.304878%~~11/30/2005 ~~0.000000%~~11/30/2005 ~~0.000000% 0.304878% 0.347315% 0.000000% 0.000000% 0.347315%~~ 11/30/2005 ~~Days~~Principal ~~0.609756%~~And ~~0.000000%~~Interest ~~0.000000%~~Constant 0361,577.~~000000%~~80 0282,640.~~609756%~~06 0492,087.~~427637%~~33 ~~0.000000%~~Scheduled ~~0.000000%~~Principal 035,064.~~000000%~~53 067,545.~~427637%~~54 ~~60 Days 0~~78,330.~~000000%~~96 ~~0.000000%~~Unscheduled ~~0.000000%~~Principal 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.304878% 0.000000% 0.000000% 0.000000% 0.304878% 1.350853% 0.000000% 0.000000% 0.000000% 1.350853% 120 Days 0.000000% 0.000000% 0.304878% 0.000000% 0.304878% 0.000000% 0.000000% 0.206467% 0.000000% 0.206467% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 1.219512% 0.000000% 1.829268% 0.000000% 3,385,508.~~048780%~~48 1,885,002.~~268249%~~32 0324,695.~~000000%~~96 ~~2.005368%~~Scheduled ~~0.000000%~~Interest 3326,513.~~273617%~~27 ~~Totals 2~~215,094.~~134146%~~52 0413,756.~~304878%~~37 ~~2.134146%~~Servicing ~~0.000000%~~Fee 420,798.~~573171%~~26 315,693.~~046740%~~86 032,816.~~347315%~~72 ~~2.211835%~~Master ~~0.000000%~~Servicing ~~5.605890%~~Fee 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 2 0 0 2 413,518~~.7300 0.00 0.00 ~~413,518.73~~Trustee 30Fee ~~Days 3~~ 0 ~~0 0 3 377,629~~.~~34 0.~~00 0.00 0.00 ~~377,629.34~~FRY 60Amount ~~Days~~ 0 ~~0 1 0 1 0~~.00 0.00 ~~253,376.92~~ 0.00 ~~253,376.92~~Special 90Hazard ~~Days~~Fee 0 ~~0 0 0 0 0~~.00 0.00 0.00 ~~0.00~~Other ~~0.00~~Fee ~~120 Days~~ 0 ~~0 0 0 0 0~~.00 0.00 0.00 ~~0.00~~Pool ~~0.00~~Insurance ~~150~~Fee ~~Days~~ 0 ~~2 0 0 2 0~~.00 ~~314,439.23~~ 0.00 0.00 ~~314,439.23~~Spread ~~180+ Days 0 0~~ 1 0 ~~1 0~~.00 0.00 ~~80,586.73~~ 0.00 ~~80,586.73~~Spread ~~Totals 3 4~~ 2 0 ~~9 377,629~~.3400 ~~727,957.96 333,963.65~~ 0.00 ~~1,439,550.95~~ 0~~-29 Days 0~~.~~784314%~~00 ~~0.000000%~~Spread 0.000000% 0.784314% 0.722358% 0.000000% 0.000000% 0.722358% 30 Days 1.176471% 0.000000% 0.000000% 0.000000% 1.176471% 0.659665% 0.000000% 0.000000% 0.000000% 0.659665% 60 Days 0.000000% 0.000000% 0.392157% 0.000000% 0.392157% 0.000000% 0.000000% 0.442613% 0.000000% 0.442613% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.784314% 0.000000% 0.000000% 0.784314% 0.000000% 0.549281% 0.000000% 0.000000% 0.549281% 180+ Days 0.000000% 0.000000% 0.392157% 0.000000% 0.392157% 0.000000% 0.000000% 0.140774% 0.000000% 0.140774% Totals 1.176471% 1.568627% 0.784314% 0.000000% 3~~.529412%~~ 0.~~659665%~~00 ~~1.271639%~~ 0.~~583387%~~00 0.~~000000%~~00 ~~2.514691%~~Net ~~DELINQUENT~~Interest BANKRUPTCY FORECLOSURE REO Total Group III No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 1 0 0 1 214305,~~876~~715.3901 0199,400.0066 ~~0.00 214~~380,~~876~~939.3965 30Realized ~~Days~~Loss 1Amount 0 ~~0 0 1 94,379~~.~~24 0.~~00 0.00 0.00 ~~94,379.24~~Cumulative 60Realized ~~Days~~Loss ~~0 0 0 0 0 0~~65,964.0020 0.00 0.00 ~~0.00~~Percentage ~~0.00~~of 90Cumulative ~~Days~~Losses 0 ~~0 0 0 0 0~~.000279 0.000000 0.000000 ~~0.00~~Prepayment ~~0.00~~Penalty ~~120~~Waived ~~Days~~Amount 0 ~~0 0 0 0 0~~.00 0.00 0.00 ~~0.00~~Prepayment ~~0.00~~Penalty ~~150~~Waived ~~Days~~Count 0 0 0 0Prepayment 0Penalty ~~0.00~~Paid ~~0.00~~Amount 0.00 0.00 0.00 ~~180+~~Prepayment ~~Days~~Penalty 0Paid 0Count 0 0 0 ~~0.00~~Special ~~0.00~~Servicing ~~0.00~~Fee 0.00 0.00 ~~Totals 1 1~~ 0 ~~0 2 94,379~~.~~24 214,876.39 0.~~00 ~~0.00 309,255.63 0~~Pass-29Through ~~Days~~Rate 05.~~312500%~~512148 04.~~000000%~~764619 04.~~000000%~~353035 ~~0.312500%~~Group ~~0.194068%~~I ~~0.000000%~~Group ~~0.000000%~~II ~~0.194068%~~Group 30III ~~Days~~Required ~~0.312500%~~Overcollateralization ~~0.000000%~~Amount 0.~~000000%~~00 0.~~000000%~~00 0.~~312500%~~00 ~~0.085240%~~Overcollateralization ~~0.000000%~~Increase ~~0.000000%~~Amount 0.~~000000%~~00 0.085240% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 0.312500% 0.312500% 0.000000% 0.000000% 0.625000% 0.085240% 0.194068% 0.000000% 0.000000% 0.279307% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group IV No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 2 0 0 2 233,316.42 0.00 0.00 ~~233,316.42~~Overcollateralization 30Reduction ~~Days~~Amount 4 0 ~~0 0 4 709,574~~.~~15 0.~~00 0.00 0.00 ~~709,574.15~~Specified 60Overcollateralization ~~Days~~Amount ~~0 0~~ 1 ~~0 1 0~~,184,263.0083 ~~0.00 615~~576,~~221~~460.6012 ~~0.00 615~~803,~~221~~897.6064 90Overcollateralization ~~Days~~Amount 1 ~~0 0 0 1 191~~,~~285~~184,263.4083 0576,460.0012 ~~0.00 0.00 191~~803,~~285~~897.4064 ~~120~~Overcollateralization ~~Days~~Deficiency 1Amount 0 ~~0 0 1 188,220~~.~~02 0.~~00 0.00 0.00 ~~188,220.02~~Base ~~150~~Overcollateralization ~~Days~~Amount 0 ~~0 0 0 0 0~~.00 0.00 0.00 ~~0.00~~Extra ~~0.00~~Principal ~~180+~~Distribution ~~Days~~Amount 0 ~~0 2 0 2 0~~.00 0.00 ~~285,031.07~~ 0.00 ~~285,031.07~~Excess ~~Totals~~Cash 6Amount ~~2 3 0 11 1~~35,~~089,079~~146.5799 ~~233~~87,~~316~~632.4274 ~~900~~94,~~252~~705.67 0.00 2,222,648.66 0-29 Days 0.692042% 0.000000% 0.000000% 0.692042% 0.434019% 0.000000% 0.000000% 0.434019% 30 Days 1.384083% 0.000000% 0.000000% 0.000000% 1.384083% 1.319960% 0.000000% 0.000000% 0.000000% 1.319960% 60 Days 0.000000% 0.000000% 0.346021% 0.000000% 0.346021% 0.000000% 0.000000% 1.144444% 0.000000% 1.144444% 90 Days 0.346021% 0.000000% 0.000000% 0.000000% 0.346021% 0.355832% 0.000000% 0.000000% 0.000000% 0.355832% 120 Days 0.346021% 0.000000% 0.000000% 0.000000% 0.346021% 0.350130% 0.000000% 0.000000% 0.000000% 0.350130% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 0.692042% 0.000000% 0.692042% 0.000000% 0.000000% 0.530219% 0.000000% 0.530219% Totals 2.076125% 0.692042% 1.038062% 0.000000% 3.806228% 2.025921% 0.434019% 1.674663% 0.000000% 4.134603%53

~~OTHER~~Group ~~INFORMATION~~Level ~~Current~~Collateral ~~Period~~Statement ~~Class~~Group AGroup ~~Insufficient~~IV ~~Funds~~Total Collateral Description Mixed ARM Mixed ARM Weighted Average Coupon Rate 5.930262 5.307003 Weighted Average Net Rate 5.555261 4.932004 Weighted Average Remaining Term 340 339 Beginning Loan Count 263 1,080 Loans Paid In Full 13 35 Ending Loan Count 250 1,045 Beginning Scheduled Balance 49,087,959.47 270,876,293.81 Ending scheduled Balance 46,163,285.18 262,175,471.73 Record Date 11/30/2005 11/30/2005 Principal And Interest Constant 296,953.95 1,433,259.14 Scheduled Principal 54,366.92 235,307.95 Unscheduled Principal 2,870,307.37 8,465,514.13 Scheduled Interest 242,587.03 1,197,951.19 Servicing Fee 15,339.99 84,648.83 Master Servicing Fee 0.00 ~~Principal~~0.00 ~~Balance~~Trustee Fee 0.00 0.00 FRY Amount 0.00 0.00 Special Hazard Fee 0.00 0.00 Other Fee 0.00 0.00 Pool Insurance Fee 0.00 0.00 Spread 1 0.00 0.00 Spread 2 0.00 0.00 Spread 3 0.00 0.00 Net Interest 227,247.04 1,113,302.36 Realized Loss Amount 0.00 0.00 Cumulative Realized Loss 0.00 65,964.20 Percentage of ~~Contaminated~~Cumulative ~~Properties~~Losses 0.0000 0.0107 Prepayment Penalty Waived Amount 0.00 ~~Periodic~~0.00 ~~Advance~~Prepayment 40Penalty Waived Count 0 0 Prepayment Penalty Paid Amount 0.00 0.00 Prepayment Penalty Paid Count 0 0 Special Servicing Fee 0.00 0.00 Pass-Through Rate 5.555262 4.932003 Group IV Total Required Overcollateralization Amount 0.00 0.00 Overcollateralization Increase Amount 0.00 0.00 Overcollateralization Reduction Amount 0.00 0.00 Specified Overcollateralization Amount 512,~~121~~874.3862 3,077,496.21 Overcollateralization Amount 512,874.62 3,077,496.21 Overcollateralization Deficiency Amount 0.00 0.00 Base Overcollateralization Amount 0.00 0.00 Extra Principal Distribution Amount 0.00 0.00 Excess Cash Amount 93,017.50 310,502.75

~~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 0Loans ~~Oct-04~~No ~~0.000%~~of ~~Original~~Loans Principal Balance ~~0.00~~Principal ~~Nov-04~~Balance ~~0.000%~~Principal ~~Current~~Balance Principal Balance ~~0.00~~Principal ~~Dec-04~~Balance 0~~.000% Jan~~-0529 ~~0.000%~~Days ~~Current~~8 ~~REO Total Feb-05~~ 0~~.000%~~ ~~Loans in REO~~ 0 ~~Mar-05~~8 01,351,050.~~000%~~82 ~~Original Principal Balance~~ 0.00 ~~Apr-05~~ 0.~~000%~~00 ~~Current~~1,351,050.82 ~~Principal~~30 ~~Balance~~Days 4 0~~.00~~ ~~May-05~~0 0~~.000%~~ ~~Jun-05~~4 0719,858.~~000%~~66 ~~Jul-05~~ 0.~~000%~~00 ~~Aug-05~~ 0.~~000%~~00 ~~Sep-05~~ 0.~~000%~~00 *The719,858.66 ~~text~~60 ~~reported~~Days in1 ~~the~~2 ~~above~~2 ~~table~~0 is5 ~~presented~~137,862.56 ~~graphically~~208,878.49 on280,340.31 ~~the~~0.00 ~~monthly bond remittance report~~627,081.36 ~~The~~90 ~~monthly~~Days ~~bond~~1 ~~remittance~~2 ~~report~~2 ~~can~~0 be5 ~~viewed~~158,881.92 ~~online~~456,070.68 at389,707.15 ~~www~~0.~~ctslink~~00 1,004,659.~~com.~~75 ~~Group~~120 IDays 120 ~~Month~~0 ~~REO~~0 ~~History* New REO Loans Month REO Percentage Loans in REO~~ 0 ~~Oct-04~~ 0~~.000%~~ ~~Original Principal Balance~~ 0.00 ~~Nov-04~~ 0.~~000%~~00 ~~Current Principal Balance~~ 0.00 ~~Dec-04~~ 0.~~000%~~00 ~~Jan-05~~ 0.~~000%~~00 ~~Current~~150 ~~REO~~Days ~~Total Feb-05~~ 0~~.000%~~ ~~Loans~~3 in1 ~~REO~~ 0 ~~Mar-05~~4 0.~~000%~~00 ~~Original~~566,830.96 ~~Principal~~615,221.60 ~~Balance~~ 0.00 ~~Apr-05 0~~1,182,052.~~000%~~56 ~~Current~~180+ ~~Principal~~Days ~~Balance~~6 ~~0.00~~1 ~~May-05~~6 0~~.000%~~ ~~Jun-05~~13 01,031,709.~~000%~~71 ~~Jul-05~~195,406.60 01,776,871.~~000%~~44 ~~Aug-05~~ 0.~~000%~~00 ~~Sep-05 0~~3,003,987.~~000%~~75 *TheTotals ~~text~~12 ~~reported~~16 in11 ~~the~~0 ~~above~~39 ~~table~~2,048,312.85 is2,778,237.55 ~~presented~~3,062,140.50 ~~graphically~~0.00 ~~on the monthly bond remittance report~~7,888,690.90 ~~The~~No ~~monthly~~of ~~bond~~Loans ~~remittance~~No ~~report~~of ~~can~~Loans beNo ~~viewed~~of ~~online~~Loans atNo ~~www.ctslink.com.~~of ~~Group~~Loans IINo 12of ~~Month~~Loans ~~REO~~Principal History*Balance ~~New~~Principal ~~REO~~Balance ~~Loans~~Principal ~~Month~~Balance ~~REO~~Principal ~~Percentage~~Balance ~~Loans~~Principal inBalance ~~REO~~ 0 ~~Oct~~-0429 Days 0.~~000~~765550% ~~Original~~0.000000% ~~Principal~~0.000000% ~~Balance~~0.765550% 0.00514832% ~~Nov-04~~0.000000% 0.~~000~~000000% ~~Current~~0.514832% ~~Principal~~30 ~~Balance~~Days 0.00382775% ~~Dec-04~~0.000000% 0.~~000~~000000% ~~Jan-05~~0.000000% 0.~~000~~382775% ~~Current~~0.274310% ~~REO~~0.000000% ~~Total Feb-05~~ 0.~~000~~000000% ~~Loans in REO~~ 0.000000% ~~Mar-05~~ 0.~~000~~274310% ~~Original~~60 ~~Principal~~Days ~~Balance~~ 0.00095694% ~~Apr-05~~ 0.~~000~~191388% ~~Current Principal Balance~~ 0.00191388% ~~May-05~~ 0.~~000~~000000% ~~Jun-05~~ 0.~~000~~478469% ~~Jul-05~~ 0.~~000~~052534% ~~Aug-05~~ 0.~~000~~079595% ~~Sep-05~~ 0.~~000~~106827% *The text reported in the above table is presented graphically on the monthly bond remittance report0.000000% ~~The monthly bond remittance report can be viewed online at www~~0.~~ctslink.com.~~238956% ~~Group~~90 ~~III~~Days ~~12 Month REO History* New REO Loans Month REO Percentage Loans in REO~~ 0.095694% ~~Oct-04~~ 0.~~000~~191388% ~~Original Principal Balance~~ 0.00191388% ~~Nov-04~~ 0.~~000~~000000% ~~Current Principal Balance~~ 0.00478469% ~~Dec-04~~ 0.~~000~~060544% ~~Jan-05~~ 0.~~000~~173790% ~~Current REO Total Feb-05~~ 0.~~000~~148502% ~~Loans in REO~~ 0.000000% ~~Mar-05~~ 0.~~000~~382836% ~~Original~~120 ~~Principal~~Days ~~Balance~~ 0.00000000% ~~Apr-05~~ 0.~~000~~000000% ~~Current Principal Balance~~ 0.00000000% ~~May-05~~ 0.~~000~~000000% ~~Jun-05~~ 0.~~000~~000000% ~~Jul-05~~ 0.~~000~~000000% ~~Aug-05~~ 0.~~000~~000000% ~~Sep-05~~ 0.~~000~~000000% *The text reported in the above table is presented graphically on the monthly bond remittance report0.000000% ~~The monthly bond remittance report can be viewed online at www~~0.~~ctslink.com.~~000000% ~~Group~~150 IVDays ~~12 Month REO History* New REO Loans Month REO Percentage Loans in REO~~ 0.000000% ~~Oct-04~~ 0.~~000~~287081% ~~Original Principal Balance~~ 0.00095694% ~~Nov-04~~ 0.~~000~~000000% ~~Current Principal Balance~~ 0.00382775% ~~Dec-04~~ 0.~~000~~000000% ~~Jan-05~~ 0.~~000~~215997% ~~Current REO Total Feb-05~~ 0.~~000~~234437% ~~Loans in REO~~ 0.000000% ~~Mar-05~~ 0.~~000~~450433% ~~Original~~180+ ~~Principal~~Days ~~Balance~~ 0.00574163% ~~Apr-05~~ 0.~~000~~095694% ~~Current Principal Balance~~ 0.00574163% ~~May-05~~ 0.~~000~~000000% ~~Jun-05~~1.244019% 0.~~000~~393144% ~~Jul-05~~ 0.~~000~~074462% ~~Aug-05~~ 0.~~000~~677095% ~~Sep-05~~ 0.~~000~~000000% *The1.144701% ~~text~~Totals ~~reported~~1.148325% in1.531100% ~~the~~1.052632% ~~above~~0.000000% ~~table~~3.732057% is0.780531% ~~presented~~1.058676% ~~graphically~~1.166861% ~~on the monthly bond remittance report~~0.000000% ~~The monthly bond remittance report can be viewed online at www~~3.~~ctslink.com.~~006068%

REO Detail - All Mortgage Loans in REO during Current Period

Foreclosure Detail - All Mortgage Loans in Foreclosure during Current Period

Summary 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 43 ~~Oct~~Jan-0405 0.~~411~~932% Original Principal Balance 1588,~~112,800~~740.00 ~~Nov~~Feb-0405 01.~~530~~085% Current Principal Balance 1579,~~099,362~~625.6947 ~~Dec~~Mar-0405 01.~~823~~225% ~~Jan~~Apr-05 01.~~932~~515% Current Foreclosure Total ~~Feb~~May-05 10.~~085~~833% Loans in Foreclosure 1211 ~~Mar~~Jun-05 10.~~225~~853% Original Principal Balance 23,~~998~~087,~~700~~790.00 ~~Apr~~Jul-05 10.~~515~~926% Current Principal Balance 23,~~977~~062,~~187~~140.1550 ~~May~~Aug-05 0.~~833~~876% ~~Jun~~Sep-05 0.~~853~~991% ~~Jul~~Oct-05 01.~~926~~106% ~~Aug~~Nov-05 01.~~876~~274% ~~Sep~~Dec-05 01.~~991~~167% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. Group I 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 1 ~~Oct~~Jan-0405 1.~~047~~775% Original Principal Balance ~~162~~304,~~800~~000.00 ~~Nov~~Feb-0405 1.~~241~~817% Current Principal Balance ~~162~~299,~~700~~285.0016 ~~Dec~~Mar-0405 12.~~655~~471% ~~Jan~~Apr-05 10.~~775~~406% Current Foreclosure Total ~~Feb~~May-05 12.~~817~~343% Loans in Foreclosure 74 ~~Mar~~Jun-05 2.~~471~~585% Original Principal Balance 1,~~749~~744,~~900~~000.00 ~~Apr~~Jul-05 02.~~406~~987% Current Principal Balance 1,~~742~~736,~~970~~220.8330 ~~May~~Aug-05 2.~~343~~850% ~~Jun~~Sep-05 2.~~585~~212% ~~Jul~~Oct-05 2.~~987~~357% ~~Aug~~Nov-05 23.~~850~~297% ~~Sep~~Dec-05 2.~~212~~747% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. Group II 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 10 ~~Oct~~Jan-0405 01.~~170~~141% Original Principal Balance ~~257,600~~0.00 ~~Nov~~Feb-0405 01.~~177~~974% Current Principal Balance ~~253,376~~0.9200 ~~Dec~~Mar-0405 01.~~762~~562% ~~Jan~~Apr-05 1.~~141~~982% Current Foreclosure Total ~~Feb~~May-05 10.~~974~~117% Loans in Foreclosure 21 ~~Mar~~Jun-05 10.~~562~~126% Original Principal Balance ~~338~~81,~~600~~000.00 ~~Apr~~Jul-05 10.~~982~~130% Current Principal Balance ~~333~~80,~~963~~586.6573 ~~May~~Aug-05 0.~~117~~137% ~~Jun~~Sep-05 0.~~126~~583% ~~Jul~~Oct-05 0.~~130~~629% ~~Aug~~Nov-05 0.~~137~~160% ~~Sep~~Dec-05 0.~~583~~167% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. Group III 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 0 ~~Oct~~Jan-0405 0.000% Original Principal Balance 0.00 ~~Nov~~Feb-0405 0.000% Current Principal Balance 0.00 ~~Dec~~Mar-0405 0.000% ~~Jan~~Apr-05 02.~~000~~213% Current Foreclosure Total ~~Feb~~May-05 0.000% Loans in Foreclosure 0 ~~Mar~~Jun-05 0.000% Original Principal Balance 0.00 ~~Apr~~Jul-05 20.~~213~~000% Current Principal Balance 0.00 ~~May~~Aug-05 0.000% ~~Jun~~Sep-05 0.000% ~~Jul~~Oct-05 0.000% ~~Aug~~Nov-05 0.000% ~~Sep~~Dec-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. Group IV 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 2 ~~Oct~~Jan-0405 0.~~000~~641% Original Principal Balance ~~692~~284,~~400~~740.00 ~~Nov~~Feb-0405 0.~~312~~675% Current Principal Balance ~~683~~280,~~285~~340.7731 ~~Dec~~Mar-0405 0.~~579~~703% ~~Jan~~Apr-05 01.~~641~~802% Current Foreclosure Total ~~Feb~~May-05 0.~~675~~486% Loans in Foreclosure 36 ~~Mar~~Jun-05 0.~~703~~335% Original Principal Balance ~~910~~1,~~200~~262,790.00 ~~Apr~~Jul-05 10.~~802~~359% Current Principal Balance ~~900~~1,~~252~~245,333.6747 ~~May~~Aug-05 0.~~486~~382% ~~Jun~~Sep-05 01.~~335~~675% ~~Jul~~Oct-05 02.~~359~~151% ~~Aug~~Nov-05 02.~~382~~405% ~~Sep~~Dec-05 12.~~675~~694% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com.

Foreclosure Loan Detail - All Mortgage Loans in Foreclosure during Current Period Month Loan First Original Loan Entered Payment LTV at Principal Group Number FC Date State Origination Balance Group I ~~0000475507 May-2005 01-Mar-2004 NC 80.00 90,600.00 Group I~~ 0000475829 May-2005 01-Mar-2004 IL 80.00 240,000.00 Group I 0000486380 Jul-2005 01-Apr-2004 MD 95.00 133,000.00 Group I ~~0000495606~~0000490258 ~~Sep~~Nov-2005 01-Apr-2004 CAFL 8069.0097 ~~162~~1,~~800~~067,000.00 Group I ~~0000500986~~0005329378 ~~May~~Dec-2005 01-~~Apr~~Feb-2004 ILMA 9795.00 ~~291~~304,000.00 Group III ~~0000504460~~0000437803 May-2005 01-~~Apr~~Jan-2004 FLOH 9590.00 ~~332~~81,~~500~~000.00 Group IIV ~~0000508762~~0000498686 ~~May~~Sep-2005 01-~~May~~Apr-2004 NYIL 8779.0450 ~~500~~624,000.00 Group IIIV ~~0000437803~~0000499586 ~~May~~Sep-2005 01-~~Jan~~May-2004 OH 9095.00 8168,~~000~~400.00 Group IIIV ~~0000507771~~0000500259 ~~Sep~~Dec-2005 01-~~May~~Apr-2004 COIL 8089.0090 ~~257~~152,~~600~~740.00 Group IV ~~0000497243~~0000509687 ~~May~~Nov-2005 01-May-2004 ILOH 9095.00 ~~217~~92,~~800~~150.00 Group IV ~~0000498686~~0000512002 ~~Sep~~Oct-2005 01-~~Apr~~May-2004 IL 7982.5034 ~~624~~193,~~000~~500.00 Group IV ~~0000499586~~0000513136 ~~Sep~~Dec-2005 01-May-2004 OHIL 9580.00 68132,~~400~~000.00

Foreclosure Loan Detail - All Mortgage Loans in Foreclosure during Current Period (continued) Current Paid Current Approximate Loan Principal To Months Loan Delinquent Group Number Balance Date Delinquent Rate Interest Group I ~~0000475507 89,760.74 01-Dec-2004 7 6.500% 4,107.30 Group I~~ 0000475829 239,772.28 01-Mar-2004 1619 6.250% 2024,~~878~~333.6937 Group I 0000486380 132,662.86 01-Jun-2004 1316 6.875% 1012,~~712~~837.5545 Group I ~~0000495606~~0000490258 ~~162~~1,~~700~~064,500.00 01-~~Mar~~Apr-2005 46 56.~~375~~125% 336,~~931~~789.9442 Group I ~~0000500986~~0005329378 ~~288~~299,~~585~~285.4616 01-~~Nov~~Jul-~~2004~~2005 83 57.~~875~~000% 138,~~162~~246.3815 Group III ~~0000504460~~0000437803 ~~330~~80,~~536~~586.0573 01-~~Sep~~Jun-2004 1016 67.~~125~~875% 189,~~898~~008.6411 Group IIV ~~0000508762~~0000498686 ~~498~~615,~~953~~221.4460 01-~~Jun~~May-~~2004~~2005 13 5 6.~~750~~125% 3320,~~270~~569.3346 Group IIIV ~~0000437803~~0000499586 8068,~~586~~064.7317 01-~~Jun~~Sep-2004 13 76.~~875~~125% 74,~~515~~857.5403 Group IIIV ~~0000507771~~0000500259 ~~253~~150,~~376~~483.9283 01-~~May~~Aug-2005 2 67.~~125~~000% 43,~~848~~318.5563 Group IV ~~0000497243~~0000509687 ~~216~~90,~~966~~421.9099 01-~~Aug~~Jul-~~2004~~2005 113 65.~~250~~000% 131,~~726~~737.9194 Group IV ~~0000498686~~0000512002 ~~615~~191,~~221~~285.6040 01-~~May~~Apr-2005 26 6.~~125~~375% 117,~~772~~624.9638 Group IV ~~0000499586~~0000513136 68129,~~064~~856.1748 01-~~Sep~~Aug-~~2004~~2005 102 6.125% 32,~~891~~484.7590

Bankruptcy Detail - All Mortgage Loans in Bankruptcy during Current Period

~~COLLATERAL~~Summary ~~STATEMENT~~12 ~~Collateral~~Month ~~Description~~Bankruptcy ~~Mixed~~History* ~~ARM~~New ~~Weighted~~Bankruptcy ~~Average~~Loans ~~Gross~~Month ~~Coupon~~Bankruptcy 5Percentage Loans in Bankruptcy 2 Jan-05 0.~~288991~~037% ~~Weighted~~Original ~~Average~~Principal ~~Net~~Balance ~~Coupon~~468,000.00 4Feb-05 0.~~913991~~065% ~~Weighted~~Current ~~Average~~Principal ~~Pass~~Balance 460,190.99 Mar-~~Through~~05 ~~Rate~~0.143% 4Apr-05 0.~~913991~~185% ~~Weighted~~Current ~~Average~~Bankruptcy ~~Maturity(Stepdown~~Total ~~Calculation)~~May-05 ~~341~~0.236% ~~Beginning~~Loans ~~Scheduled~~in ~~Collateral~~Bankruptcy ~~Loan~~16 ~~Count~~Jun-05 10.480% Original Principal Balance 2,~~255~~827,470.00 ~~Number~~Jul-05 Of0.524% ~~Loans~~Current ~~Paid~~Principal InBalance ~~Full~~2,778,237.55 63Aug-05 ~~Ending~~0.704% ~~Scheduled~~Sep-05 ~~Collateral~~0.482% ~~Loan~~Oct-05 ~~Count~~0.683% Nov-05 1.055% Dec-05 1.059% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. Group I 12 Month Bankruptcy History* New Bankruptcy Loans Month Bankruptcy Percentage Loans in Bankruptcy 0 Jan-05 0.000% Original Principal Balance 0.00 Feb-05 0.000% Current Principal Balance 0.00 Mar-05 0.000% Apr-05 0.212% Current Bankruptcy Total May-05 0.353% Loans in Bankruptcy 6 Jun-05 0.731% Original Principal Balance 899,~~192~~540.00 ~~Beginning~~Jul-05 ~~Scheduled~~0.295% ~~Collateral~~Current Principal Balance ~~316~~885,~~863,697~~306.5991 ~~Ending~~Aug-05 ~~Scheduled~~0.935% ~~Collateral~~Sep-05 0.347% Oct-05 0.949% Nov-05 1.747% Dec-05 1.401% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. Group II 12 Month Bankruptcy History* New Bankruptcy Loans Month Bankruptcy Percentage Loans in Bankruptcy 2 Jan-05 0.203% Original Principal Balance ~~300~~468,~~267,256~~000.4900 ~~Ending~~Feb-05 ~~Actual~~0.214% ~~Collateral~~Current Principal Balance at460,190.99 31Mar-~~Aug~~05 0.222% Apr-~~2005~~05 ~~300~~0.646% Current Bankruptcy Total May-05 0.239% Loans in Bankruptcy 8 Jun-05 1.155% Original Principal Balance 1,~~527~~589,~~234~~450.5100 ~~Monthly~~Jul-05 ~~P&I~~0.931% ~~Constant~~Current Principal Balance 1,~~656~~557,~~622~~589.7848 ~~Special~~Aug-05 ~~Servicing~~1.003% ~~Fee~~Sep-05 1.272% Oct-05 1.515% Nov-05 2.490% Dec-05 3.223% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. Group III 12 Month Bankruptcy History* New Bankruptcy Loans Month Bankruptcy Percentage Loans in Bankruptcy 0 Jan-05 0.000% Original Principal Balance 0.00 ~~Prepayment~~Feb-05 ~~Penalties~~0.000% Current Principal Balance 0.00 ~~Realized~~Mar-05 ~~Loss~~0.000% ~~Amount~~Apr-05 0.000% Current Bankruptcy Total May-05 0.000% Loans in Bankruptcy 1 Jun-05 0.000% Original Principal Balance 215,080.00 ~~Cumulative~~Jul-05 ~~Realized~~0.439% ~~Loss~~Current Principal Balance 214,876.39 Aug-05 0.451% Sep-05 0.194% Oct-05 0.199% Nov-05 0.205% Dec-05 0.205% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. Group IV 12 Month Bankruptcy History* New Bankruptcy Loans Month Bankruptcy Percentage Loans in Bankruptcy 0 Jan-05 0.000% Original Principal Balance 0.00 ~~Ending~~Feb-05 ~~Scheduled~~0.150% Current Principal Balance ~~for~~0.00 ~~Premium~~Mar-05 0.582% Apr-05 0.000% Current Bankruptcy Total May-05 0.458% Loans ~~300,267,256~~in Bankruptcy 1 Jun-05 0.49293% ~~Scheduled~~Original Principal ~~260~~Balance 123,~~048~~400.4600 ~~Unscheduled~~Jul-05 0.629% Current Principal 16Balance 120,~~336,392~~464.6477 Aug-05 0.549% Sep-05 0.434% Oct-05 0.459% Nov-05 0.474% Dec-05 0.261% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com.

~~Group~~Bankruptcy ~~Level~~Detail ~~Collateral~~- ~~Statement~~All ~~Group~~Mortgage ~~Group~~Loans Iin ~~Group~~Bankruptcy IIduring ~~Group~~Current ~~III~~Period ~~Collateral~~Group ~~Description~~Loan ~~Mixed~~Month ~~ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 5.664007 5.165680 4.737927 Weighted Average Net Rate 5.289007 4.790680 4.362927 Weighted Average Maturity 341 341 340 Beginning~~ Loan ~~Count~~First ~~357~~State ~~263~~LTV ~~329~~at ~~Loans~~Original ~~Paid~~Number InEntered ~~Full~~Payment 29Origination 8Principal 9Bankruptcy ~~Ending~~Date ~~Loan Count 328 255 320 Beginning Scheduled~~ Balance ~~87,026,697.76~~Group ~~58,743,541.45~~I ~~114,319,603.69~~0000461453 ~~Ending~~Nov-2005 ~~Scheduled~~01-Mar-2004 ~~Balance~~NY ~~78,729,859~~95.7800 57185,~~176,922~~250.0700 ~~110,662,411.72~~Group ~~Record~~I ~~Date~~0000474781 ~~08/31/~~Nov-2005 ~~08/31/2005~~01-Mar-2004 ~~08/31/2005~~TX ~~Principal And Interest Constant 452,294~~95.6000 ~~330~~139,~~827~~640.1600 ~~530,452.54~~Group ~~Scheduled~~I ~~Principal~~0000492632 ~~41,528.05~~Oct-2005 ~~77,951.87~~01-Mar-2004 ~~79,087.60~~IL ~~Unscheduled Principal 8,255,309~~91.9366 1110,~~488,667~~000.5100 ~~3,578,104.37~~Group ~~Scheduled~~I ~~Interest~~0000499335 ~~410,766.55~~Oct-2005 ~~252,875.29~~01-Apr-2004 ~~451,364.94~~LA ~~Servicing Fees 27,195~~94.8650 18122,~~357~~850.3600 ~~35,724.87~~Group ~~Master~~I ~~Servicing~~0000502866 ~~Fees~~Oct-2005 ~~0.00~~01-Apr-2004 0MO 90.00 0198,000.00 ~~Trustee~~Group ~~Fee~~I ~~0.00~~0000507512 ~~0.00~~Nov-2005 ~~0.00~~01-Apr-2004 ~~FRY~~TX ~~Amount 0~~94.0061 0143,800.00 ~~0.00~~Group ~~Special~~II ~~Hazard~~0000454860 ~~Fee~~Jun-2005 ~~0.00~~01-Mar-2004 ~~0.00~~NY 090.00 ~~Other Fee 0~~177,300.00 ~~0.00~~Group ~~0.00~~II ~~Pool~~0000466137 ~~Insurance~~Oct-2005 ~~Fee~~01-Feb-2004 ~~0.00~~NV 080.00 0240,000.00 ~~Spread~~Group 1II ~~0.00~~0000467226 ~~0.00~~Nov-2005 ~~0.00~~01-Mar-2004 ~~Spread~~NV ~~2 0~~95.00 0132,050.00 ~~0.00~~Group ~~Spread~~II 30000500366 ~~0.00~~Nov-2005 ~~0.00~~01-Apr-2004 ~~0.00~~IL ~~Net Interest 383,570~~94.~~69 234,517.~~93 ~~415~~327,~~640~~500.~~07 Realized Loss Amount 0.~~00 ~~0.00~~Group ~~0.00~~II ~~Cumulative~~0000501984 ~~Realized~~Dec-2005 ~~Loss~~01-May-2004 ~~0.00~~CO 080.00 0210,400.00 ~~Percentage~~Group ofII ~~Cumulative~~0000502400 ~~Losses~~Sep-2005 ~~0.0000~~01-Apr-2004 ~~0.0000~~NJ 095.~~0000 Prepayment Penalties 0.~~00 0140,600.00 ~~0.00 Special Servicing Fee 0.00 0.00 0.00 Pass-Through Rate 5.289007 4.790680 4.362927~~ Group ~~I Group~~ II ~~Group~~0000504467 ~~III~~Oct-2005 ~~Required~~01-May-2004 ~~Overcollateralization~~IL ~~Amount 0~~80.00 0104,000.00 ~~0.00~~Group ~~Overcollateralization~~II ~~Increase~~0000507771 ~~Amount~~Dec-2005 ~~0.00~~01-May-2004 ~~0.00~~CO 080.00 ~~Overcollateralization Reduction Amount 0.00 0.00 0.00 Specified Overcollateralization Amount 1~~257,~~184,263~~600.~~83 576,460.12 803,897.64 Overcollateralization Amount 1,184,263.83 576,460.12 803,897.64 Overcollateralization Deficiency Amount 0.~~00 ~~0.00~~Group ~~0.00~~III ~~Base~~0000420111 ~~Overcollateralization~~Jul-2005 ~~Amount~~01-Dec-2003 ~~0.00~~OH 095.00 0215,080.00 ~~Extra~~Group ~~Principal~~IV ~~Distribution~~0000505340 ~~Amount~~Jun-2005 ~~0.00~~01-May-2004 ~~0.00~~NC 095.00 ~~Excess Cash Amount 70~~123,~~671~~400.~~12 103,560.92 103,844.84~~00

~~Group~~Bankruptcy ~~Level~~Detail ~~Collateral~~- ~~Statement~~All ~~Group~~Mortgage ~~Group~~Loans IVin ~~Total~~Bankruptcy ~~Collateral~~during ~~Description~~Current ~~Mixed~~Period ~~ARM~~(continued) ~~Mixed~~Group ~~ARM~~Loan ~~Weighted~~Current ~~Average~~Paid ~~Coupon~~To ~~Rate~~Months ~~5.951349~~Current ~~5.288991~~Approximate ~~Weighted~~Number ~~Average~~Principal ~~Net~~Date ~~Rate~~Delinquent ~~5.576349~~Loan ~~4.913991~~Rate ~~Weighted~~Delinquent ~~Average~~Balance ~~Maturity~~Interest ~~342~~Group ~~341~~I ~~Beginning~~0000461453 ~~Loan Count 306 1~~181,~~255~~535.86 ~~Loans~~01-Nov-2005 ~~Paid~~0 In6.500% ~~Full 17 63 Ending Loan Count 289~~ 1,~~192 Beginning Scheduled Balance 56,773,~~854.6913 ~~316,863,697.59~~Group ~~Ending~~I ~~scheduled~~0000474781 ~~Balance 53~~137,~~698,062~~004.9264 ~~300,267,256.49 Record Date 08/31/~~01-Jul-2005 ~~08/31/2005~~3 ~~Principal And Interest Constant 343,048~~5.48625% 12,~~656,622~~989.7888 ~~Scheduled~~Group ~~Principal~~I ~~61,480.94~~0000492632 ~~260~~107,~~048~~368.4601 ~~Unscheduled~~01-Aug-2005 ~~Principal~~2 ~~3,014,310~~6.83125% 162,~~336,392~~054.6442 ~~Scheduled~~Group ~~Interest~~I ~~281,567.54~~0000499335 1120,~~396,574~~270.32 ~~Servicing~~01-Dec-2005 ~~Fees~~(1) ~~17,741~~6.83250% ~~99,019~~589.9246 ~~Master~~Group ~~Servicing~~I ~~Fees~~0000502866 0195,406.0060 ~~0.00~~01-Jan-2005 ~~Trustee~~9 ~~Fee 0~~4.00625% 07,560.0052 ~~FRY~~Group ~~Amount~~I ~~0.00~~0000507512 0143,721.0048 ~~Special~~01-Nov-2005 ~~Hazard Fee~~ 0 5.00875% 01,317.0046 ~~Other~~Group ~~Fee~~II ~~0.00~~0000454860 0174,926.0002 ~~Pool~~01-May-2005 ~~Insurance~~5 ~~Fee 0~~6.00875% 06,615.0078 ~~Spread~~Group 1II ~~0.00~~0000466137 0234,497.0017 ~~Spread~~01-Dec-2005 2(1) 06.00625% 01,222.0066 ~~Spread~~Group 3II ~~0.00~~0000467226 0128,870.0076 ~~Net~~01-Nov-2005 ~~Interest~~0 ~~263,825~~5.71500% 1,~~297,554~~101.4045 ~~Realized~~Group ~~Loss~~II ~~Amount~~0000500366 0319,066.0004 ~~0.00~~01-Jul-2005 ~~Cumulative~~3 ~~Realized Loss 0~~5.00875% 07,301.0019 ~~Percentage~~Group ofII ~~Cumulative~~0000501984 ~~Losses 0~~206,814.~~0000~~07 ~~0.0000~~01-Oct-2005 ~~Prepayment Penalties~~ 0 6.00500% 02,110.0015 ~~Special~~Group ~~Servicing~~II ~~Fee~~0000502400 0138,528.0002 ~~0.00 Pass~~01-~~Through~~May-2005 ~~Rate~~5 5.~~576349~~875% 4,429.~~913991~~56 Group IVII ~~Total~~0000504467 ~~Required Overcollateralization Amount 0~~101,510.0048 ~~0.00~~01-Aug-2005 ~~Overcollateralization~~2 ~~Increase Amount 0~~5.00750% 01,821.0067 ~~Overcollateralization~~Group ~~Reduction~~II ~~Amount~~0000507771 0253,376.0092 ~~0.00~~01-May-2005 ~~Specified~~5 ~~Overcollateralization Amount 512,874~~6.62125% 38,~~077,496~~471.2110 ~~Overcollateralization~~Group ~~Amount~~III ~~512,874.62~~0000420111 3214,~~077,496~~876.2139 ~~Overcollateralization~~01-Oct-2005 ~~Deficiency Amount~~ 0 5.00125% 01,701.0010 ~~Base~~Group ~~Overcollateralization~~IV ~~Amount~~0000505340 0120,464.0077 ~~0.00~~01-Nov-2005 ~~Extra Principal Distribution Amount~~ 0~~.00~~ 05.00625% ~~Excess Cash Amount 108~~1,~~357~~054.~~41 386,434.30~~70

Prepayment Detail - Prepayments during Current Period Summary Loans Paid In Full Repurchased Loans Original Current Original Current Principal Principal Principal Principal Group Count Balance Balance Count Balance Balance Group I 29 8,336,700.00 8,228,732.90 0 0.00 0.00 Group II 8 1,498,225.00 1,466,859.08 0 0.00 0.00 Group III 9 3,579,228.00 3,553,877.86 0 0.00 0.00 Group IV 17 3,069,030.00 3,012,495.88 0 0.00 0.00 Total 63 16,483,183.00 16,261,965.72 0 0.00 0.00

Prepayment Detail - Prepayments during Current Period (continued) Summary Substitution Loans Liquidated Loans Curtailments Original Current Original Current Principal Principal Principal Principal Curtailment Group Count Balance Balance Count Balance Balance Amount Group I 0 0.00 0.00 0 0.00 0.00 25,728.68 Group II 0 0.00 0.00 0 0.00 0.00 21,817.16 Group III 0 0.00 0.00 0 0.00 0.00 24,227.20 Group IV 0 0.00 0.00 0 0.00 0.00 1,814.95 Total 0 0.00 0.00 0 0.00 0.00 73,587.99

Prepayment Loan Detail - Prepayments during Current Period First Original Loan LTV at Payment Principal Prepayment Group Number State Origination Date Balance Amount Group I 0000384428 CA 66.48 01-Jan-2004 625,000.00 625,000.00 Group I 0000412960 MD 83.86 01-Feb-2004 405,000.00 404,523.98 Group I 0000452609 CA 69.00 01-Mar-2004 138,000.00 137,949.01 Group I 0000459430 AZ 80.00 01-Feb-2004 152,000.00 151,509.11 Group I 0000465142 CA 80.00 01-Feb-2004 348,000.00 348,000.00 Group I 0000469309 VA 80.00 01-Mar-2004 324,000.00 324,000.00 Group I 0000470595 IL 80.00 01-Mar-2004 232,000.00 221,900.00 Group I 0000471696 CO 75.00 01-May-2004 457,500.00 457,500.00 Group I 0000474983 MD 75.00 01-Mar-2004 240,000.00 238,674.06 Group I 0000476344 MI 95.00 01-Mar-2004 266,000.00 261,138.94 Group I 0000476446 IL 80.00 01-Apr-2004 276,000.00 271,024.36 Group I 0000478122 IL 79.13 01-Mar-2004 182,000.00 178,824.87 Group I 0000478161 VA 80.00 01-Apr-2004 494,400.00 490,419.26 Group I 0000480815 AZ 80.00 01-Mar-2004 157,600.00 154,370.90 Group I 0000486564 CA 95.00 01-Mar-2004 308,750.00 300,775.33 Group I 0000488517 FL 79.80 01-Apr-2004 158,000.00 154,880.01 Group I 0000498164 CO 85.00 01-Apr-2004 196,350.00 194,704.21 Group I 0000498471 IL 80.00 01-Apr-2004 228,000.00 224,070.07 Group I 0000498810 CA 73.52 01-May-2004 300,000.00 292,444.78 Group I 0000502782 CA 90.00 01-Apr-2004 180,000.00 179,750.00 Group I 0000503235 IL 80.00 01-Apr-2004 488,000.00 479,598.97 Group I 0000503323 MD 80.00 01-Apr-2004 268,000.00 262,490.66 Group I 0000505472 AZ 95.00 01-Apr-2004 115,900.00 113,839.95 Group I 0000508018 CA 69.38 01-Apr-2004 170,000.00 165,595.42 Group I 0000511657 NV 90.00 01-May-2004 154,800.00 151,961.19 Group I 0000511811 FL 86.81 01-May-2004 286,500.00 281,267.21 Group I 0000516648 VA 90.00 01-May-2004 508,500.00 498,855.11 Group I 0005324772 TN 79.99 01-Mar-2004 401,000.00 393,671.69 Group I 0005338125 MA 94.99 01-Feb-2004 275,400.00 270,842.16 Group II 0000444239 GA 89.55 01-Jan-2004 120,000.00 116,467.29 Group II 0000465360 FL 95.00 01-Mar-2004 50,350.00 49,640.53 Group II 0000471052 CA 82.33 01-Mar-2004 247,000.00 241,939.26 Group II 0000481172 AZ 80.00 01-Mar-2004 174,400.00 170,906.90 Group II 0000490411 MN 83.75 01-Apr-2004 234,500.00 230,272.36 Group II 0000500049 DC 95.00 01-Apr-2004 199,975.00 196,764.85 Group II 0000501612 IL 67.30 01-May-2004 142,000.00 137,086.95 Group II 0000504475 NV 55.18 01-Apr-2004 330,000.00 323,772.21 Group III 0000449655 NV 90.00 01-Jan-2004 157,500.00 157,500.00 Group III 0000450158 CA 80.00 01-Jan-2004 344,000.00 344,000.00 Group III 0000463844 MA 58.34 01-Mar-2004 122,500.00 122,500.00 Group III 0000472029 VA 80.00 01-Apr-2004 604,628.00 604,498.04 Group III 0000472517 CA 80.00 01-Mar-2004 480,000.00 480,000.00 Group III 0000495582 MA 77.98 01-Apr-2004 588,000.00 574,422.26 Group III 0000508557 CA 39.97 01-May-2004 205,000.00 205,000.00 Group III 0000515697 MD 80.00 01-May-2004 612,000.00 612,000.00 Group III 0005328922 MD 80.00 01-Jan-2004 465,600.00 453,956.87 Group IV 0000383756 IL 67.94 01-Apr-2004 265,000.00 258,831.02 Group IV 0000446548 NC 94.98 01-Apr-2004 124,900.00 123,345.30 Group IV 0000461581 MA 95.00 01-Feb-2004 285,000.00 280,094.17 Group IV 0000462137 FL 90.00 01-Mar-2004 81,000.00 79,708.58 Group IV 0000464000 FL 95.00 01-Mar-2004 144,400.00 141,879.43 Group IV 0000468511 SC 95.00 01-Mar-2004 107,730.00 105,936.39 Group IV 0000469221 MD 90.00 01-Apr-2004 238,500.00 235,098.95 Group IV 0000473031 MD 83.68 01-Mar-2004 205,000.00 200,799.75 Group IV 0000475209 OR 56.52 01-Mar-2004 130,000.00 127,396.25 Group IV 0000481839 MD 95.00 01-Mar-2004 185,250.00 182,060.62 Group IV 0000488960 PA 95.00 01-Apr-2004 208,050.00 204,211.89 Group IV 0000489794 CA 66.66 01-Apr-2004 188,000.00 184,029.22 Group IV 0000493152 AZ 79.88 01-Apr-2004 139,000.00 136,435.95 Group IV 0000499861 FL 80.00 01-Apr-2004 78,400.00 77,170.23 Group IV 0000502982 IL 72.00 01-Apr-2004 90,000.00 88,486.13 Group IV 0000508117 WA 80.00 01-May-2004 248,800.00 244,080.99 Group IV 0000512275 WA 58.13 01-Apr-2004 350,000.00 342,931.01

Prepayment Loan Detail - Prepayments during Current Period (continued) Current Loan PIF Months Loan Original Group Number Type Delinquent Rate Term Seasoning Group I 0000384428 Loan Paid in Full 0 5.375% 360 20 Group I 0000412960 Loan Paid in Full 0 5.750% 360 19 Group I 0000452609 Loan Paid in Full 0 5.625% 360 18 Group I 0000459430 Loan Paid in Full 0 5.250% 360 19 Group I 0000465142 Loan Paid in Full 0 5.875% 360 19 Group I 0000469309 Loan Paid in Full 0 6.125% 360 18 Group I 0000470595 Loan Paid in Full 0 5.750% 360 18 Group I 0000471696 Loan Paid in Full 0 6.125% 360 16 Group I 0000474983 Loan Paid in Full 0 5.500% 360 18 Group I 0000476344 Loan Paid in Full 12 6.125% 360 18 Group I 0000476446 Loan Paid in Full 0 5.875% 360 17 Group I 0000478122 Loan Paid in Full 0 6.375% 360 18 Group I 0000478161 Loan Paid in Full 0 5.125% 360 17 Group I 0000480815 Loan Paid in Full 0 5.500% 360 18 Group I 0000486564 Loan Paid in Full 0 4.625% 360 18 Group I 0000488517 Loan Paid in Full 0 5.375% 360 17 Group I 0000498164 Loan Paid in Full 0 5.375% 360 17 Group I 0000498471 Loan Paid in Full 0 6.125% 360 17 Group I 0000498810 Loan Paid in Full 0 4.875% 360 16 Group I 0000502782 Loan Paid in Full 0 5.375% 360 17 Group I 0000503235 Loan Paid in Full 0 6.125% 360 17 Group I 0000503323 Loan Paid in Full 0 5.875% 360 17 Group I 0000505472 Loan Paid in Full 0 6.000% 360 17 Group I 0000508018 Loan Paid in Full (1) 5.000% 360 17 Group I 0000511657 Loan Paid in Full (1) 5.750% 360 16 Group I 0000511811 Loan Paid in Full 0 5.500% 360 16 Group I 0000516648 Loan Paid in Full 0 5.250% 360 16 Group I 0005324772 Loan Paid in Full 0 6.125% 360 18 Group I 0005338125 Loan Paid in Full (1) 7.000% 360 19 Group II 0000444239 Loan Paid in Full 0 4.250% 360 20 Group II 0000465360 Loan Paid in Full 0 7.500% 360 18 Group II 0000471052 Loan Paid in Full 0 5.500% 360 18 Group II 0000481172 Loan Paid in Full 0 5.625% 360 18 Group II 0000490411 Loan Paid in Full 0 5.875% 360 17 Group II 0000500049 Loan Paid in Full 0 6.500% 360 17 Group II 0000501612 Loan Paid in Full 0 4.750% 360 16 Group II 0000504475 Loan Paid in Full 0 5.625% 360 17 Group III 0000449655 Loan Paid in Full 0 5.375% 360 20 Group III 0000450158 Loan Paid in Full (1) 4.625% 360 20 Group III 0000463844 Loan Paid in Full (1) 4.875% 360 18 Group III 0000472029 Loan Paid in Full 0 4.750% 360 17 Group III 0000472517 Loan Paid in Full 0 4.500% 360 18 Group III 0000495582 Loan Paid in Full 0 4.500% 360 17 Group III 0000508557 Loan Paid in Full 0 5.250% 360 16 Group III 0000515697 Loan Paid in Full 0 5.125% 360 16 Group III 0005328922 Loan Paid in Full 0 5.000% 360 20 Group IV 0000383756 Loan Paid in Full 0 6.000% 360 17 Group IV 0000446548 Loan Paid in Full 8 7.500% 360 17 Group IV 0000461581 Loan Paid in Full 0 6.750% 360 19 Group IV 0000462137 Loan Paid in Full 0 6.875% 360 18 Group IV 0000464000 Loan Paid in Full 0 6.375% 360 18 Group IV 0000468511 Loan Paid in Full 0 6.625% 360 18 Group IV 0000469221 Loan Paid in Full 0 7.125% 360 17 Group IV 0000473031 Loan Paid in Full 0 5.500% 360 18 Group IV 0000475209 Loan Paid in Full 0 5.625% 360 18 Group IV 0000481839 Loan Paid in Full 0 6.500% 360 18 Group IV 0000488960 Loan Paid in Full 0 5.750% 360 17 Group IV 0000489794 Loan Paid in Full 0 5.000% 360 17 Group IV 0000493152 Loan Paid in Full 0 5.750% 360 17 Group IV 0000499861 Loan Paid in Full 0 6.625% 360 17 Group IV 0000502982 Loan Paid in Full 0 6.250% 360 17 Group IV 0000508117 Loan Paid in Full 0 5.250% 360 16 Group IV 0000512275 Loan Paid in Full 0 5.250% 360 17

Summary SMM CPR PSA Current Month 5.160% Current Month 47.045% Current Month 1,298.465% 3 Month Average 5.259% 3 Month Average 47.644% 3 Month Average 1,399.257% 12 Month Average 5.913% 12 Month Average 42.874% 12 Month Average 1,865.541% CPR: Current vs 12mo Average* PSA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Oct-2004 29.848% N/A Oct-2004 2,438.506% N/A Nov-2004 40.495% N/A Nov-2004 2,773.403% N/A Dec-2004 39.033% N/A Dec-2004 2,280.814% N/A Jan-2005 45.408% N/A Jan-2005 2,271.100% N/A Feb-2005 38.544% N/A Feb-2005 1,751.352% N/A Mar-2005 38.366% 31.237% Mar-2005 1,681.307% 3,575.612% Apr-2005 47.377% 34.279% Apr-2005 1,820.745% 3,121.527% May-2005 40.818% 36.180% May-2005 1,455.394% 2,749.982% Jun-2005 51.673% 38.447% Jun-2005 1,716.098% 2,456.080% Jul-2005 51.190% 40.066% Jul-2005 1,591.463% 2,176.533% Aug-2005 44.696% 41.485% Aug-2005 1,307.843% 2,005.784% Sep-2005 47.045% 42.874% Sep-2005 1,298.465% 1,865.541% *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. Group I SMM CPR PSA Current Month 9.490% Current Month 69.777% Current Month 1,930.743% 3 Month Average 9.188% 3 Month Average 67.637% 3 Month Average 1,994.629% 12 Month Average 9.527% 12 Month Average 58.060% 12 Month Average 2,541.691% CPR: Current vs 12mo Average* PSA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Oct-2004 35.255% N/A Oct-2004 3,088.346% N/A Nov-2004 51.609% N/A Nov-2004 3,718.855% N/A Dec-2004 50.045% N/A Dec-2004 3,021.197% N/A Jan-2005 56.565% N/A Jan-2005 2,863.960% N/A Feb-2005 54.096% N/A Feb-2005 2,487.291% N/A Mar-2005 48.796% 39.934% Mar-2005 2,224.972% 4,755.792% Apr-2005 63.612% 44.615% Apr-2005 2,469.189% 4,435.100% May-2005 64.542% 48.169% May-2005 2,323.740% 3,920.063% Jun-2005 69.285% 51.300% Jun-2005 2,318.856% 3,462.765% Jul-2005 76.346% 53.908% Jul-2005 2,385.266% 3,007.311% Aug-2005 56.787% 55.467% Aug-2005 1,667.879% 2,723.244% Sep-2005 69.777% 58.060% Sep-2005 1,930.743% 2,541.691% *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. Group II SMM CPR PSA Current Month 2.538% Current Month 26.540% Current Month 730.315% 3 Month Average 3.597% 3 Month Average 35.201% 3 Month Average 1,032.426% 12 Month Average 5.024% 12 Month Average 39.105% 12 Month Average 1,734.438% CPR: Current vs 12mo Average* PSA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Oct-2004 32.705% N/A Oct-2004 2,624.072% N/A Nov-2004 35.704% N/A Nov-2004 2,420.500% N/A Dec-2004 37.758% N/A Dec-2004 2,190.447% N/A Jan-2005 46.909% N/A Jan-2005 2,326.283% N/A Feb-2005 46.361% N/A Feb-2005 2,085.225% N/A Mar-2005 36.477% 34.024% Mar-2005 1,569.959% 4,192.486% Apr-2005 40.839% 35.769% Apr-2005 1,560.195% 3,278.653% May-2005 28.790% 36.713% May-2005 1,020.825% 2,894.267% Jun-2005 58.117% 39.514% Jun-2005 1,918.476% 2,618.531% Jul-2005 34.919% 39.491% Jul-2005 1,080.242% 2,252.559% Aug-2005 44.142% 39.637% Aug-2005 1,286.720% 1,938.329% Sep-2005 26.540% 39.105% Sep-2005 730.315% 1,734.438% *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. Group III SMM CPR PSA Current Month 3.132% Current Month 31.741% Current Month 856.332% 3 Month Average 2.630% 3 Month Average 27.265% 3 Month Average 774.158% 12 Month Average 3.068% 12 Month Average 25.119% 12 Month Average 1,062.137% CPR: Current vs 12mo Average* PSA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Oct-2004 18.125% N/A Oct-2004 1,320.190% N/A Nov-2004 32.849% N/A Nov-2004 2,042.312% N/A Dec-2004 30.729% N/A Dec-2004 1,658.009% N/A Jan-2005 24.893% N/A Jan-2005 1,186.680% N/A Feb-2005 11.734% N/A Feb-2005 511.136% N/A Mar-2005 26.226% 18.390% Mar-2005 1,084.475% 1,860.372% Apr-2005 34.259% 20.392% Apr-2005 1,267.204% 1,629.316% May-2005 17.659% 20.274% May-2005 607.635% 1,310.916% Jun-2005 23.157% 20.523% Jun-2005 745.534% 1,099.861% Jul-2005 21.618% 21.401% Jul-2005 654.072% 1,038.781% Aug-2005 28.437% 23.480% Aug-2005 812.071% 1,076.717% Sep-2005 31.741% 25.119% Sep-2005 856.332% 1,062.137% *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. Group IV SMM CPR PSA Current Month 5.315% Current Month 48.076% Current Month 1,392.372% 3 Month Average 5.787% 3 Month Average 51.057% 3 Month Average 1,576.693% 12 Month Average 5.738% 12 Month Average 40.321% 12 Month Average 1,843.214% CPR: Current vs 12mo Average* PSA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Oct-2004 32.566% N/A Oct-2004 2,882.643% N/A Nov-2004 30.808% N/A Nov-2004 2,283.428% N/A Dec-2004 27.625% N/A Dec-2004 1,753.806% N/A Jan-2005 48.112% N/A Jan-2005 2,582.014% N/A Feb-2005 33.264% N/A Feb-2005 1,612.220% N/A Mar-2005 37.992% 26.261% Mar-2005 1,753.513% 4,010.886% Apr-2005 37.868% 28.667% Apr-2005 1,543.182% 2,645.046% May-2005 33.267% 30.851% May-2005 1,254.299% 2,468.364% Jun-2005 49.182% 33.869% Jun-2005 1,723.384% 2,322.098% Jul-2005 53.134% 36.403% Jul-2005 1,740.894% 2,119.710% Aug-2005 51.961% 39.214% Aug-2005 1,596.813% 2,042.186% Sep-2005 48.076% 40.321% Sep-2005 1,392.372% 1,843.214% *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. Calculation Methodology: Single Month Mortality (SMM): (Partial and full prepayments + Repurchases) / (Beginning Scheduled Balance - Scheduled Principal) Conditional PrePayment Rate (CPR): 1 - ((1 - SMM)^12) PSA Standard Prepayment Model: 100 * CPR / (0.2 * MIN(30,WAS)) Weighted Average Seasoning (WAS): sum((Original Term - Remaining Term)*(Current Scheduled Balance/Deal Scheduled Principal Balance))

Realized Loss Report - Collateral Summary MDR SDA Current Month 0.000% Current Month 0.000% 3 Month Average 0.~~000~~036% 3 Month Average 01.~~000~~132% 12 Month Average 0.~~000~~009% 12 Month Average 0.~~000~~283% MDR: Current vs 12mo Average* SDA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. ~~Oct~~Jan-~~2004~~2005 0.000% N/A ~~Oct~~Jan-~~2004~~2005 0.000% N/A ~~Nov~~Feb-~~2004~~2005 0.000% N/A ~~Nov~~Feb-~~2004~~2005 0.000% N/A ~~Dec~~Mar-~~2004~~2005 0.000% ~~N/A~~0.000% ~~Dec~~Mar-~~2004~~2005 0.000% ~~N/A~~0.000% ~~Jan~~Apr-2005 0.000% ~~N/A~~0.000% ~~Jan~~Apr-2005 0.000% ~~N/A~~0.000% ~~Feb~~May-2005 0.000% ~~N/A~~0.000% ~~Feb~~May-2005 0.000% ~~N/A~~0.000% ~~Mar~~Jun-2005 0.000% 0.000% ~~Mar~~Jun-2005 0.000% 0.000% ~~Apr~~Jul-2005 0.000% 0.000% ~~Apr~~Jul-2005 0.000% 0.000% ~~May~~Aug-2005 0.000% 0.000% ~~May~~Aug-2005 0.000% 0.000% ~~Jun~~Sep-2005 0.000% 0.000% ~~Jun~~Sep-2005 0.000% 0.000% ~~Jul~~Oct-2005 0.~~000~~109% 0.~~000~~009% ~~Jul~~Oct-2005 03.~~000~~396% 0.~~000~~283% ~~Aug~~Nov-2005 0.000% 0.~~000~~009% ~~Aug~~Nov-2005 0.000% 0.~~000~~283% ~~Sep~~Dec-2005 0.000% 0.~~000~~009% ~~Sep~~Dec-2005 0.000% 0.~~000~~283% *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www. monthly bond remittance report can be viewed online at ~~www.~~ctslink.com. www.ctslink.com. CDR Loss Severity Approximation Current Month 0.000% Current Month 0.000% 3 Month Average 0.~~000~~432% 3 Month Average 06.~~000~~736% 12 Month Average 0.~~000~~108% 12 Month Average 01.~~000~~684% CDR: Current vs 12mo Average* Loss Severity: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. ~~Oct~~Jan-~~2004~~2005 0.000% N/A ~~Oct~~Jan-~~2004~~2005 0.000% N/A ~~Nov~~Feb-~~2004~~2005 0.000% N/A ~~Nov~~Feb-~~2004~~2005 0.000% N/A ~~Dec~~Mar-~~2004~~2005 0.000% ~~N/A Dec-2004~~ 0.000% ~~N/A Jan~~Mar-2005 0.000% ~~N/A~~0.000% ~~Jan~~Apr-2005 0.000% ~~N/A~~0.000% ~~Feb~~Apr-2005 0.000% ~~N/A~~0.000% ~~Feb~~May-2005 0.000% ~~N/A~~0.000% ~~Mar~~May-2005 0.000% 0.000% ~~Mar~~Jun-2005 0.000% 0.000% ~~Apr~~Jun-2005 0.000% 0.000% ~~Apr~~Jul-2005 0.000% 0.000% ~~May~~Jul-2005 0.000% 0.000% ~~May~~Aug-2005 0.000% 0.000% ~~Jun~~Aug-2005 0.000% 0.000% ~~Jun~~Sep-2005 0.000% 0.000% ~~Jul~~Sep-2005 0.000% 0.000% ~~Jul~~Oct-2005 01.~~000~~297% 0.~~000~~108% ~~Aug~~Oct-2005 20.208% 1.684% Nov-2005 0.000% 0.~~000~~108% ~~Aug~~Nov-2005 0.000% 01.~~000~~684% ~~Sep~~Dec-2005 0.000% 0.~~000~~108% ~~Sep~~Dec-2005 0.000% 01.~~000~~684% *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% Current Month 0.000% 3 Month Average 0.~~000~~138% 3 Month Average 04.~~000~~274% 12 Month Average 0.~~000~~035% 12 Month Average 01.~~000~~069% MDR: Current vs 12mo Average* SDA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. ~~Oct~~Jan-~~2004~~2005 0.000% N/A ~~Oct~~Jan-~~2004~~2005 0.000% N/A ~~Nov~~Feb-~~2004~~2005 0.000% N/A ~~Nov~~Feb-~~2004~~2005 0.000% N/A ~~Dec~~Mar-~~2004~~2005 0.000% ~~N/A Dec-2004~~ 0.000% ~~N/A Jan~~Mar-2005 0.000% ~~N/A~~0.000% ~~Jan~~Apr-2005 0.000% ~~N/A~~0.000% ~~Feb~~Apr-2005 0.000% ~~N/A~~0.000% ~~Feb~~May-2005 0.000% ~~N/A~~0.000% ~~Mar~~May-2005 0.000% 0.000% ~~Mar~~Jun-2005 0.000% 0.000% ~~Apr~~Jun-2005 0.000% 0.000% ~~Apr~~Jul-2005 0.000% 0.000% ~~May~~Jul-2005 0.000% 0.000% ~~May~~Aug-2005 0.000% 0.000% ~~Jun~~Aug-2005 0.000% 0.000% ~~Jun~~Sep-2005 0.000% 0.000% ~~Jul~~Sep-2005 0.000% 0.000% ~~Jul~~Oct-2005 0.~~000~~415% 0.~~000~~035% ~~Aug~~Oct-2005 12.823% 1.069% Nov-2005 0.000% 0.~~000~~035% ~~Aug~~Nov-2005 0.000% 01.~~000~~069% ~~Sep~~Dec-2005 0.000% 0.~~000~~035% ~~Sep~~Dec-2005 0.000% 01.~~000~~069% *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www. monthly bond remittance report can be viewed online at ~~www.~~ctslink.com. www.ctslink.com. CDR Loss Severity Approximation Current Month 0.000% Current Month 0.000% 3 Month Average 01.~~000~~621% 3 Month Average 06.~~000~~736% 12 Month Average 0.~~000~~405% 12 Month Average 01.~~000~~684% CDR: Current vs 12mo Average* Loss Severity: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. ~~Oct~~Jan-~~2004~~2005 0.000% N/A ~~Oct~~Jan-~~2004~~2005 0.000% N/A ~~Nov~~Feb-~~2004~~2005 0.000% N/A ~~Nov~~Feb-~~2004~~2005 0.000% N/A ~~Dec~~Mar-~~2004~~2005 0.000% ~~N/A Dec-2004~~ 0.000% ~~N/A Jan~~Mar-2005 0.000% ~~N/A~~0.000% ~~Jan~~Apr-2005 0.000% ~~N/A~~0.000% ~~Feb~~Apr-2005 0.000% ~~N/A~~0.000% ~~Feb~~May-2005 0.000% ~~N/A~~0.000% ~~Mar~~May-2005 0.000% 0.000% ~~Mar~~Jun-2005 0.000% 0.000% ~~Apr~~Jun-2005 0.000% 0.000% ~~Apr~~Jul-2005 0.000% 0.000% ~~May~~Jul-2005 0.000% 0.000% ~~May~~Aug-2005 0.000% 0.000% ~~Jun~~Aug-2005 0.000% 0.000% ~~Jun~~Sep-2005 0.000% 0.000% ~~Jul~~Sep-2005 0.000% 0.000% ~~Jul~~Oct-2005 04.~~000~~863% 0.~~000~~405% ~~Aug~~Oct-2005 20.208% 1.684% Nov-2005 0.000% 0.~~000~~405% ~~Aug~~Nov-2005 0.000% 01.~~000~~684% ~~Sep~~Dec-2005 0.000% 0.~~000~~405% ~~Sep~~Dec-2005 0.000% 01.~~000~~684% *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% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% MDR: Current vs 12mo Average* SDA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. ~~Oct~~Jan-~~2004~~2005 0.000% N/A ~~Oct~~Jan-~~2004~~2005 0.000% N/A ~~Nov~~Feb-~~2004~~2005 0.000% N/A ~~Nov~~Feb-~~2004~~2005 0.000% N/A ~~Dec~~Mar-~~2004~~2005 0.000% ~~N/A~~0.000% ~~Dec~~Mar-~~2004~~2005 0.000% ~~N/A~~0.000% ~~Jan~~Apr-2005 0.000% ~~N/A~~0.000% ~~Jan~~Apr-2005 0.000% ~~N/A~~0.000% ~~Feb~~May-2005 0.000% ~~N/A~~0.000% ~~Feb~~May-2005 0.000% ~~N/A~~0.000% ~~Mar~~Jun-2005 0.000% 0.000% ~~Mar~~Jun-2005 0.000% 0.000% ~~Apr~~Jul-2005 0.000% 0.000% ~~Apr~~Jul-2005 0.000% 0.000% ~~May~~Aug-2005 0.000% 0.000% ~~May~~Aug-2005 0.000% 0.000% ~~Jun~~Sep-2005 0.000% 0.000% ~~Jun~~Sep-2005 0.000% 0.000% ~~Jul~~Oct-2005 0.000% 0.000% ~~Jul~~Oct-2005 0.000% 0.000% ~~Aug~~Nov-2005 0.000% 0.000% ~~Aug~~Nov-2005 0.000% 0.000% ~~Sep~~Dec-2005 0.000% 0.000% ~~Sep~~Dec-2005 0.000% 0.000% *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www. monthly bond remittance report can be viewed online at ~~www.~~ctslink.com. www.ctslink.com. CDR Loss Severity Approximation Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CDR: Current vs 12mo Average* Loss Severity: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. ~~Oct~~Jan-~~2004~~2005 0.000% N/A ~~Oct~~Jan-~~2004~~2005 0.000% N/A ~~Nov~~Feb-~~2004~~2005 0.000% N/A ~~Nov~~Feb-~~2004~~2005 0.000% N/A ~~Dec~~Mar-~~2004~~2005 0.000% ~~N/A~~0.000% ~~Dec~~Mar-~~2004~~2005 0.000% ~~N/A~~0.000% ~~Jan~~Apr-2005 0.000% ~~N/A~~0.000% ~~Jan~~Apr-2005 0.000% ~~N/A~~0.000% ~~Feb~~May-2005 0.000% ~~N/A~~0.000% ~~Feb~~May-2005 0.000% ~~N/A~~0.000% ~~Mar~~Jun-2005 0.000% 0.000% ~~Mar~~Jun-2005 0.000% 0.000% ~~Apr~~Jul-2005 0.000% 0.000% ~~Apr~~Jul-2005 0.000% 0.000% ~~May~~Aug-2005 0.000% 0.000% ~~May~~Aug-2005 0.000% 0.000% ~~Jun~~Sep-2005 0.000% 0.000% ~~Jun~~Sep-2005 0.000% 0.000% ~~Jul~~Oct-2005 0.000% 0.000% ~~Jul~~Oct-2005 0.000% 0.000% ~~Aug~~Nov-2005 0.000% 0.000% ~~Aug~~Nov-2005 0.000% 0.000% ~~Sep~~Dec-2005 0.000% 0.000% ~~Sep~~Dec-2005 0.000% 0.000% *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 III MDR SDA Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% MDR: Current vs 12mo Average* SDA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. ~~Oct~~Jan-~~2004~~2005 0.000% N/A ~~Oct~~Jan-~~2004~~2005 0.000% N/A ~~Nov~~Feb-~~2004~~2005 0.000% N/A ~~Nov~~Feb-~~2004~~2005 0.000% N/A ~~Dec~~Mar-~~2004~~2005 0.000% ~~N/A~~0.000% ~~Dec~~Mar-~~2004~~2005 0.000% ~~N/A~~0.000% ~~Jan~~Apr-2005 0.000% ~~N/A~~0.000% ~~Jan~~Apr-2005 0.000% ~~N/A~~0.000% ~~Feb~~May-2005 0.000% ~~N/A~~0.000% ~~Feb~~May-2005 0.000% ~~N/A~~0.000% ~~Mar~~Jun-2005 0.000% 0.000% ~~Mar~~Jun-2005 0.000% 0.000% ~~Apr~~Jul-2005 0.000% 0.000% ~~Apr~~Jul-2005 0.000% 0.000% ~~May~~Aug-2005 0.000% 0.000% ~~May~~Aug-2005 0.000% 0.000% ~~Jun~~Sep-2005 0.000% 0.000% ~~Jun~~Sep-2005 0.000% 0.000% ~~Jul~~Oct-2005 0.000% 0.000% ~~Jul~~Oct-2005 0.000% 0.000% ~~Aug~~Nov-2005 0.000% 0.000% ~~Aug~~Nov-2005 0.000% 0.000% ~~Sep~~Dec-2005 0.000% 0.000% ~~Sep~~Dec-2005 0.000% 0.000% *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www. monthly bond remittance report can be viewed online at ~~www.~~ctslink.com. www.ctslink.com. CDR Loss Severity Approximation Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CDR: Current vs 12mo Average* Loss Severity: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. ~~Oct~~Jan-~~2004~~2005 0.000% N/A ~~Oct~~Jan-~~2004~~2005 0.000% N/A ~~Nov~~Feb-~~2004~~2005 0.000% N/A ~~Nov~~Feb-~~2004~~2005 0.000% N/A ~~Dec~~Mar-~~2004~~2005 0.000% ~~N/A~~0.000% ~~Dec~~Mar-~~2004~~2005 0.000% ~~N/A~~0.000% ~~Jan~~Apr-2005 0.000% ~~N/A~~0.000% ~~Jan~~Apr-2005 0.000% ~~N/A~~0.000% ~~Feb~~May-2005 0.000% ~~N/A~~0.000% ~~Feb~~May-2005 0.000% ~~N/A~~0.000% ~~Mar~~Jun-2005 0.000% 0.000% ~~Mar~~Jun-2005 0.000% 0.000% ~~Apr~~Jul-2005 0.000% 0.000% ~~Apr~~Jul-2005 0.000% 0.000% ~~May~~Aug-2005 0.000% 0.000% ~~May~~Aug-2005 0.000% 0.000% ~~Jun~~Sep-2005 0.000% 0.000% ~~Jun~~Sep-2005 0.000% 0.000% ~~Jul~~Oct-2005 0.000% 0.000% ~~Jul~~Oct-2005 0.000% 0.000% ~~Aug~~Nov-2005 0.000% 0.000% ~~Aug~~Nov-2005 0.000% 0.000% ~~Sep~~Dec-2005 0.000% 0.000% ~~Sep~~Dec-2005 0.000% 0.000% *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 IV MDR SDA Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% MDR: Current vs 12mo Average* SDA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. ~~Oct~~Jan-~~2004~~2005 0.000% N/A ~~Oct~~Jan-~~2004~~2005 0.000% N/A ~~Nov~~Feb-~~2004~~2005 0.000% N/A ~~Nov~~Feb-~~2004~~2005 0.000% N/A ~~Dec~~Mar-~~2004~~2005 0.000% ~~N/A~~0.000% ~~Dec~~Mar-~~2004~~2005 0.000% ~~N/A~~0.000% ~~Jan~~Apr-2005 0.000% ~~N/A~~0.000% ~~Jan~~Apr-2005 0.000% ~~N/A~~0.000% ~~Feb~~May-2005 0.000% ~~N/A~~0.000% ~~Feb~~May-2005 0.000% ~~N/A~~0.000% ~~Mar~~Jun-2005 0.000% 0.000% ~~Mar~~Jun-2005 0.000% 0.000% ~~Apr~~Jul-2005 0.000% 0.000% ~~Apr~~Jul-2005 0.000% 0.000% ~~May~~Aug-2005 0.000% 0.000% ~~May~~Aug-2005 0.000% 0.000% ~~Jun~~Sep-2005 0.000% 0.000% ~~Jun~~Sep-2005 0.000% 0.000% ~~Jul~~Oct-2005 0.000% 0.000% ~~Jul~~Oct-2005 0.000% 0.000% ~~Aug~~Nov-2005 0.000% 0.000% ~~Aug~~Nov-2005 0.000% 0.000% ~~Sep~~Dec-2005 0.000% 0.000% ~~Sep~~Dec-2005 0.000% 0.000% *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www. monthly bond remittance report can be viewed online at ~~www.~~ctslink.com. www.ctslink.com. CDR Loss Severity Approximation Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CDR: Current vs 12mo Average* Loss Severity: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. ~~Oct~~Jan-~~2004~~2005 0.000% N/A ~~Oct~~Jan-~~2004~~2005 0.000% N/A ~~Nov~~Feb-~~2004~~2005 0.000% N/A ~~Nov~~Feb-~~2004~~2005 0.000% N/A ~~Dec~~Mar-~~2004~~2005 0.000% ~~N/A~~0.000% ~~Dec~~Mar-~~2004~~2005 0.000% ~~N/A~~0.000% ~~Jan~~Apr-2005 0.000% ~~N/A~~0.000% ~~Jan~~Apr-2005 0.000% ~~N/A~~0.000% ~~Feb~~May-2005 0.000% ~~N/A~~0.000% ~~Feb~~May-2005 0.000% ~~N/A~~0.000% ~~Mar~~Jun-2005 0.000% 0.000% ~~Mar~~Jun-2005 0.000% 0.000% ~~Apr~~Jul-2005 0.000% 0.000% ~~Apr~~Jul-2005 0.000% 0.000% ~~May~~Aug-2005 0.000% 0.000% ~~May~~Aug-2005 0.000% 0.000% ~~Jun~~Sep-2005 0.000% 0.000% ~~Jun~~Sep-2005 0.000% 0.000% ~~Jul~~Oct-2005 0.000% 0.000% ~~Jul~~Oct-2005 0.000% 0.000% ~~Aug~~Nov-2005 0.000% 0.000% ~~Aug~~Nov-2005 0.000% 0.000% ~~Sep~~Dec-2005 0.000% 0.000% ~~Sep~~Dec-2005 0.000% 0.000% *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 · AMERICAN HOME MORT SECURITIES HOME MORTGAGE INVEST TR 2004-1