8-K 1 abs05he4_8k-200512.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D. C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): December 27, 2005 ASSET BACKED SECURITIES CORP HOME EQUITY LOAN TRUST Asset Backed Pass-Through Certificates, Series 2005-HE4 (Exact name of registrant as specified in its charter) New York (governing law of 333-122372-03 Pooling and Servicing Agreement) (Commission 54-2173194 (State or other File Number) 54-2173195 jurisdiction 54-2173196 of Incorporation) 54-2173197 54-2173198 IRS EIN c/o Wells Fargo Bank, N.A. 9062 Old Annapolis Road Columbia, MD 21045 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (410) 884-2000 (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act(17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act(17 CFR 240.13e-4(c)) ITEM 8.01 Other Events On December 27, 2005 a distribution was made to holders of ASSET BACKED SECURITIES CORP HOME EQUITY LOAN TRUST, Asset Backed Pass-Through Certificates , Series 2005-HE4 Trust. ITEM 9.01 Financial Statements and Exhibits (c) Exhibits Exhibit Number Description EX-99.1 Monthly report distributed to holders of Asset Backed Pass-Through Certificates, Series 2005-HE4 Trust, relating to the December 27, 2005 distribution. Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ASSET BACKED SECURITIES CORP HOME EQUITY LOAN TRUST Asset Backed Pass-Through Certificates, Series 2005-HE4 Trust (Registrant) By: Wells Fargo Bank, N.A. as Master Servicer By: /s/ Beth Belfield as Officer By: Beth Belfield as Officer Date: 12/31/2005 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Asset Backed Pass-Through Certificates, Series 2005-HE4 Trust, relating to the December 27, 2005 distribution. EX-99.1 Asset Backed Securities Corp Home Equity Loan Trust Asset Backed Pass-Through Certificates Record Date: 11/30/2005 Distribution Date: 12/27/2005 Asset Backed Securities Corp Home Equity Loan Trust Asset Backed Pass-Through Certificates Series 2005-HE4 Contact: Customer Service - CTSLink Wells Fargo Bank, N.A. Securities Administration Services 7485 New Horizon Way Frederick, MD 21703 www.ctslink.com Telephone: (301) 815-6600 Fax: (301) 815-6660

Asset Backed Securities Corp Home Equity Loan Trust Asset Backed Pass-Through Certificates Record Date: 8/31/2005 Distribution Date: 9/26/2005 Asset Backed Securities Corp Home Equity Loan Trust Asset Backed Pass-Through Certificates Series 2005-HE4 Contact: Customer Service - CTSLink Wells Fargo Bank, N.A. Securities Administration Services 7485 New Horizon Way Frederick, MD 21703 www.ctslink.com Telephone: (301) 815-6600 Fax: (301) 815-6660 Certificateholder Distribution Summary ~~Certificate~~Class CUSIP Certificate Beginning ~~Class~~Interest Pass-Through Certificate ~~Interest~~Distribution ~~Class CUSIP Description~~ Rate Balance ~~Distribution~~ R 04541GSC7 ~~SEN~~ 0.00000% 0.00 0.00 A1 04541GRJ3 ~~SEN 3~~4.~~80125~~35375% ~~363~~308,~~697~~275,~~272~~734.1764 1,~~228~~193,~~892~~027.6709 A2 04541GRU8 ~~SEN 3~~4.~~87125~~42375% ~~256~~222,~~236~~373,~~623~~017.6518 ~~881~~874,~~738~~420.6912 A2A 04541GRV6 ~~SEN 3~~4.~~84125~~39375% 5445,~~051~~585,~~698~~857.1200 ~~184~~178,~~556~~038.5210 A2B 04541GRW4 ~~SEN~~ 4.~~01125~~56375% 10,007,000.00 3540,~~680~~595.5106 M1 04541GRK0 ~~MEZ~~ 4.~~06125~~61375% 45,636,000.00 ~~164~~187,~~745~~158.9631 M2 04541GRL8 ~~MEZ~~ 4.~~09125~~64375% 34,107,000.00 ~~124~~140,~~035~~786.7912 M3 04541GRM6 ~~MEZ~~ 4.~~12125~~67375% 18,254,000.00 6675,~~870~~835.4923 M4 04541GRN4 ~~MEZ~~ 4.~~27125~~82375% 16,813,000.00 6372,~~833~~090.3641 M5 04541GRP9 ~~MEZ~~ 4.~~29125~~84375% 14,892,000.00 5664,~~804~~118.7133 M6 04541GRQ7 ~~MEZ~~ 4.~~32125~~87375% 12,490,000.00 4754,~~975~~109.4846 M7 04541GRR5 ~~MEZ 4~~5.~~87125~~42375% 12,490,000.00 5460,~~081~~215.7068 M8 04541GRS3 ~~MEZ 4~~5.~~99125~~54375% 9,608,000.00 4247,~~627~~346.4909 M9 04541GRT1 ~~MEZ~~ 5.~~39125~~94375% 10,088,000.00 4853,~~343~~298.9427 M10 04541GRX2 ~~MEZ~~ 6.~~14125~~69375% 7,206,000.00 3942,~~336~~875.7570 M11 04541GRY0 ~~MEZ~~ 6.~~14125~~69375% 9,608,000.00 5257,~~449~~167.0060 M12 04541GRZ7 ~~MEZ~~ 6.~~14125~~69375% 5,292,000.00 2831,~~888~~487.4440 X 04541GSA1 OC 0.00000% 13,450,515.06 1,~~828~~219,~~587~~255.8757 P 04541GSB9 ~~SUB~~ 0.00000% 100.00 ~~617~~511,~~645~~609.0157 Totals ~~893~~796,~~927~~176,~~209~~223.0088 54,~~567~~903,~~094~~434.3811

Certificateholder Distribution Summary (continued) Class Principal Current Ending ~~Cumulative~~Total ~~Principal~~Cummulative Distribution Realized Certificate ~~Total~~Distribution Realized ~~Class Distribution~~ Loss Balance ~~Distribution~~ Losses R 0.00 0.00 0.00 0.00 0.00 A1 1912,~~918~~436,~~978~~867.1981 0.00 ~~343~~295,~~778~~838,~~293~~866.9883 2113,~~147~~629,~~870~~894.8690 0.00 A2 1011,~~198~~136,~~003~~237.9320 0.00 ~~246~~211,~~038~~236,~~619~~779.7298 1112,~~079~~010,~~742~~657.6232 0.00 A2A 2,~~549~~784,~~482~~039.7640 0.00 5142,~~502~~801,~~215~~817.3660 2,~~734~~962,~~039~~077.2850 0.00 A2B 0.00 0.00 10,007,000.00 3540,~~680~~595.5106 0.00 M1 0.00 0.00 45,636,000.00 ~~164~~187,~~745~~158.9631 0.00 M2 0.00 0.00 34,107,000.00 ~~124~~140,~~035~~786.7912 0.00 M3 0.00 0.00 18,254,000.00 6675,~~870~~835.4923 0.00 M4 0.00 0.00 16,813,000.00 6372,~~833~~090.3641 0.00 M5 0.00 0.00 14,892,000.00 5664,~~804~~118.7133 0.00 M6 0.00 0.00 12,490,000.00 4754,~~975~~109.4846 0.00 M7 0.00 0.00 12,490,000.00 5460,~~081~~215.7068 0.00 M8 0.00 0.00 9,608,000.00 4247,~~627~~346.4909 0.00 M9 0.00 0.00 10,088,000.00 4853,~~343~~298.9427 0.00 M10 0.00 0.00 7,206,000.00 3942,~~336~~875.7570 0.00 M11 0.00 0.00 9,608,000.00 5257,~~449~~167.0060 0.00 M12 0.00 0.00 5,292,000.00 2831,~~888~~487.4440 0.00 X 0.00 0.00 13,450,515.06 1,~~828~~219,~~587~~255.8757 0.00 P 0.00 0.00 100.00 ~~617~~511,~~645~~609.0157 0.00 Totals 3226,~~666~~357,~~464~~144.8841 0.00 ~~861~~769,~~260~~819,~~744~~079.1247 3831,~~233~~260,~~559~~578.2652 0.00 ~~All distributions required by the Pooling and Servicing Agreement have been calculated by the Certificate Administrator on behalf of the Trustee.~~

Principal Distribution Statement Class Original Beginning Scheduled ~~Unscheduled~~UnScheduled Accretion Realized Face Certificate Principal Principal ~~Realized~~Loss ~~Class~~ Amount Balance Distribution Distribution ~~Accretion Loss (1)~~ R 0.00 0.00 0.00 0.00 0.00 0.00 A1 401,000,000.00 ~~363~~308,~~697~~275,~~272~~734.1764 0.00 1912,~~918~~436,~~978~~867.1981 0.00 0.00 A2 279,862,000.00 ~~256~~222,~~236~~373,~~623~~017.6518 0.00 1011,~~198~~136,~~003~~237.9320 0.00 0.00 A2A 59,958,000.00 5445,~~051~~585,~~698~~857.1200 0.00 2,~~549~~784,~~482~~039.7640 0.00 0.00 A2B 10,007,000.00 10,007,000.00 0.00 0.00 0.00 0.00 M1 45,636,000.00 45,636,000.00 0.00 0.00 0.00 0.00 M2 34,107,000.00 34,107,000.00 0.00 0.00 0.00 0.00 M3 18,254,000.00 18,254,000.00 0.00 0.00 0.00 0.00 M4 16,813,000.00 16,813,000.00 0.00 0.00 0.00 0.00 M5 14,892,000.00 14,892,000.00 0.00 0.00 0.00 0.00 M6 12,490,000.00 12,490,000.00 0.00 0.00 0.00 0.00 M7 12,490,000.00 12,490,000.00 0.00 0.00 0.00 0.00 M8 9,608,000.00 9,608,000.00 0.00 0.00 0.00 0.00 M9 10,088,000.00 10,088,000.00 0.00 0.00 0.00 0.00 M10 7,206,000.00 7,206,000.00 0.00 0.00 0.00 0.00 M11 9,608,000.00 9,608,000.00 0.00 0.00 0.00 0.00 M12 5,292,000.00 5,292,000.00 0.00 0.00 0.00 0.00 X 0.00 13,450,515.06 0.00 0.00 0.00 0.00 P 100.00 100.00 0.00 0.00 0.00 0.00 Totals 947,311,100.00 ~~893~~796,~~927~~176,~~209~~223.0088 0.00 3226,~~666~~357,~~464~~144.8841 0.00 0.00 ~~(1) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.~~

Principal Distribution Statement (continued) Class Total Ending Ending Total Principal Certificate Certificate Principal ~~Class~~ Reduction Balance Percentage Distribution R 0.00 0.00 0.~~00000000~~000000 0.00 A1 1912,~~918~~436,~~978~~867.1981 ~~343~~295,~~778~~838,~~293~~866.9883 0.~~85730248~~737753 1912,~~918~~436,~~978~~867.1981 A2 1011,~~198~~136,~~003~~237.9320 ~~246~~211,~~038~~236,~~619~~779.7298 0.~~87914265~~754789 1011,~~198~~136,~~003~~237.9320 A2A 2,~~549~~784,~~482~~039.7640 5142,~~502~~801,~~215~~817.3660 0.~~85897154~~713863 2,~~549~~784,~~482~~039.7640 A2B 0.00 10,007,000.00 1.~~00000000~~000000 0.00 M1 0.00 45,636,000.00 1.~~00000000~~000000 0.00 M2 0.00 34,107,000.00 1.~~00000000~~000000 0.00 M3 0.00 18,254,000.00 1.~~00000000~~000000 0.00 M4 0.00 16,813,000.00 1.~~00000000~~000000 0.00 M5 0.00 14,892,000.00 1.~~00000000~~000000 0.00 M6 0.00 12,490,000.00 1.~~00000000~~000000 0.00 M7 0.00 12,490,000.00 1.~~00000000~~000000 0.00 M8 0.00 9,608,000.00 1.~~00000000~~000000 0.00 M9 0.00 10,088,000.00 1.~~00000000~~000000 0.00 M10 0.00 7,206,000.00 1.~~00000000~~000000 0.00 M11 0.00 9,608,000.00 1.~~00000000~~000000 0.00 M12 0.00 5,292,000.00 1.~~00000000~~000000 0.00 X 0.00 13,450,515.06 0.~~00000000~~000000 0.00 P 0.00 100.00 1.~~00000000~~000000 0.00 Totals 3226,~~666~~357,~~464~~144.8841 ~~861~~769,~~260~~819,~~744~~079.1247 0.~~90916357~~812636 3226,~~666~~357,~~464~~144.8841

Principal Distribution Factors Statement Class Original Beginning Scheduled ~~Unscheduled~~UnScheduled Accretion Face Certificate Principal Principal ~~Class (2)~~ Amount Balance Distribution Distribution ~~Accretion~~ R 0.00 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 A1 401,000,000.00 ~~906~~768.~~97574107~~767418 0.~~00000000~~000000 4931.~~67326232~~014633 0.~~00000000~~000000 A2 279,862,000.00 ~~915~~794.~~58204990~~580962 0.~~00000000~~000000 3639.~~43940203~~791887 0.~~00000000~~000000 A2A 59,958,000.00 ~~901~~760.~~49268021~~296491 0.~~00000000~~000000 4246.~~52114413~~433160 0.~~00000000~~000000 A2B 10,007,000.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 M1 45,636,000.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 M2 34,107,000.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 M3 18,254,000.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 M4 16,813,000.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 M5 14,892,000.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 M6 12,490,000.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 M7 12,490,000.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 M8 9,608,000.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 M9 10,088,000.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 M10 7,206,000.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 M11 9,608,000.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 M12 5,292,000.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 X 0.00 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 P 100.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000

Principal Distribution Factors Statement (continued) Class Realized Total Ending Ending Total ~~Realized~~Loss Principal Certificate Certificate Principal ~~Class Loss (3)~~ Reduction Balance Percentage Distribution R 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 A1 0.~~00000000~~000000 4931.~~67326232~~014633 ~~857~~737.~~30247875~~752785 0.~~85730248~~737753 4931.~~67326232~~014633 A2 0.~~00000000~~000000 3639.~~43940203~~791887 ~~879~~754.~~14264788~~789075 0.~~87914265~~754789 3639.~~43940203~~791887 A2A 0.~~00000000~~000000 4246.~~52114413~~433160 ~~858~~713.~~97153608~~863331 0.~~85897154~~713863 4246.~~52114413~~433160 A2B 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 M1 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 M2 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 M3 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 M4 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 M5 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 M6 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 M7 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 M8 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 M9 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 M10 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 M11 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 M12 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 X 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 P 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000 (3) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.~~000000

Interest Distribution Statement ~~Beginning~~Class ~~Payment~~Accrual ofAccrual ~~Original~~ Current ~~Certificate/~~Beginning Current ~~Unpaid~~Payment ~~Current~~of ~~Face~~Dates Days Certificate ~~Notional~~Certificate/ Accrued ~~Interest~~Unpaid Interest ~~Class Amount~~ Rate Notional Balance Interest Shortfall ~~Shortfall~~ R ~~0.00~~N/A N/A 0.00000% 0.00 0.00 0.00 ~~0.00~~ A1 ~~401,000,000.00~~11/25/05 3- 12/26/05 32 4.~~80125~~35375% ~~363~~308,~~697~~275,~~272~~734.1764 1,~~228~~193,~~892~~027.6709 0.00 ~~0.00~~ A2 ~~279,862,000.00~~11/25/05 3- 12/26/05 32 4.~~87125~~42375% ~~256~~222,~~236~~373,~~623~~017.6518 ~~881~~874,~~738~~420.6912 0.00 ~~0.00~~ A2A ~~59,958,000.00~~11/25/05 3- 12/26/05 32 4.~~84125~~39375% 5445,~~051~~585,~~698~~857.1200 ~~184~~178,~~556~~038.5210 0.00 ~~0.00~~ A2B ~~10,007,000.00~~11/25/05 - 12/26/05 32 4.~~01125~~56375% 10,007,000.00 3540,~~680~~595.5106 0.00 ~~0.00~~ M1 ~~45,636,000.00~~11/25/05 - 12/26/05 32 4.~~06125~~61375% 45,636,000.00 ~~164~~187,~~745~~158.9631 0.00 ~~0.00~~ M2 ~~34,107,000.00~~11/25/05 - 12/26/05 32 4.~~09125~~64375% 34,107,000.00 ~~124~~140,~~035~~786.7912 0.00 ~~0.00~~ M3 ~~18,254,000.00~~11/25/05 - 12/26/05 32 4.~~12125~~67375% 18,254,000.00 6675,~~870~~835.4923 0.00 ~~0.00~~ M4 ~~16,813,000.00~~11/25/05 - 12/26/05 32 4.~~27125~~82375% 16,813,000.00 6372,~~833~~090.3641 0.00 ~~0.00~~ M5 ~~14,892,000.00~~11/25/05 - 12/26/05 32 4.~~29125~~84375% 14,892,000.00 5664,~~804~~118.7133 0.00 ~~0.00~~ M6 11/25/05 - 12~~,490,000.00~~/26/05 32 4.~~32125~~87375% 12,490,000.00 4754,~~975~~109.4846 0.00 ~~0.00~~ M7 11/25/05 - 12~~,490,000.00~~/26/05 432 5.~~87125~~42375% 12,490,000.00 5460,~~081~~215.7068 0.00 ~~0.00~~ M8 ~~9,608,000.00~~11/25/05 4- 12/26/05 32 5.~~99125~~54375% 9,608,000.00 4247,~~627~~346.4909 0.00 ~~0.00~~ M9 ~~10,088,000.00~~11/25/05 - 12/26/05 32 5.~~39125~~94375% 10,088,000.00 4853,~~343~~298.9427 0.00 ~~0.00~~ M10 ~~7,206,000.00~~11/25/05 - 12/26/05 32 6.~~14125~~69375% 7,206,000.00 3942,~~336~~875.7570 0.00 ~~0.00~~ M11 ~~9,608,000.00~~11/25/05 - 12/26/05 32 6.~~14125~~69375% 9,608,000.00 5257,~~449~~167.0060 0.00 ~~0.00~~ M12 ~~5,292,000.00~~11/25/05 - 12/26/05 32 6.~~14125~~69375% 5,292,000.00 2831,~~888~~487.4440 0.00 ~~0.00~~ X ~~0.00~~N/A N/A 0.00000% ~~893~~796,~~927~~176,~~209~~223.0088 0.00 0.00 ~~0.00~~ P ~~100.00~~N/A N/A 0.00000% 100.00 0.00 0.00 ~~0.00~~ Totals ~~947,311,100.00~~ 3,~~120~~172,~~861~~568.5097 0.00 ~~0.00~~

Interest Distribution Statement (continued) ~~Remaining~~Class ~~Ending~~Current Non-Supported Total ~~Unpaid~~Remaining ~~Certificate/~~Ending Interest ~~Realized~~Interest Interest Unpaid Interest Certificate/Notional ~~Class~~ Shortfall ~~Losses~~ (41) Shortfall Distribution Shortfall(2) Balance R 0.00 0.00 0.00 0.00 0.00 A1 0.00 0.00 1,~~228~~193,~~892~~027.6709 0.00 ~~343~~295,~~778~~838,~~293~~866.9883 A2 0.00 0.00 ~~881~~874,~~738~~420.6912 0.00 ~~246~~211,~~038~~236,~~619~~779.7298 A2A 0.00 0.00 ~~184~~178,~~556~~038.5210 0.00 5142,~~502~~801,~~215~~817.3660 A2B 0.00 0.00 3540,~~680~~595.5106 0.00 10,007,000.00 M1 0.00 0.00 ~~164~~187,~~745~~158.9631 0.00 45,636,000.00 M2 0.00 0.00 ~~124~~140,~~035~~786.7912 0.00 34,107,000.00 M3 0.00 0.00 6675,~~870~~835.4923 0.00 18,254,000.00 M4 0.00 0.00 6372,~~833~~090.3641 0.00 16,813,000.00 M5 0.00 0.00 5664,~~804~~118.7133 0.00 14,892,000.00 M6 0.00 0.00 4754,~~975~~109.4846 0.00 12,490,000.00 M7 0.00 0.00 5460,~~081~~215.7068 0.00 12,490,000.00 M8 0.00 0.00 4247,~~627~~346.4909 0.00 9,608,000.00 M9 0.00 0.00 4853,~~343~~298.9427 0.00 10,088,000.00 M10 0.00 0.00 3942,~~336~~875.7570 0.00 7,206,000.00 M11 0.00 0.00 5257,~~449~~167.0060 0.00 9,608,000.00 M12 0.00 0.00 2831,~~888~~487.4440 0.00 5,292,000.00 X 0.00 0.00 1,~~828~~219,~~587~~255.8757 0.00 ~~861~~769,~~260~~819,~~744~~079.1247 P 0.00 0.00 ~~617~~511,~~645~~609.0157 0.00 100.00 Totals 0.00 0.00 54,~~567~~903,~~094~~434.3811 0.00 (41,2) Amount ~~Does~~also ~~Not~~includes ~~Include~~coupon ~~Excess~~cap ~~Special Hazard, Bankruptcy,~~ or ~~Fraud~~basis ~~Losses~~risk ~~Unless~~shortfalls,if ~~Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.~~applicable

Interest Distribution Factors Statement ~~Beginning~~Class ~~Payment~~Accrual of Original Current ~~Certificate/~~Beginning Current ~~Unpaid~~Payment ~~Current~~of Dates Face Certificate Certificate/Notional Accrued ~~Interest~~Unpaid Interest ~~Class (5)~~ Amount Rate Balance Interest Shortfall ~~Shortfall~~ R N/A 0.00 0.00000% 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 ~~0.00000000~~ A1 11/25/05 - 12/26/05 401,000,000.00 34.~~80125~~35375% ~~906~~768.~~97574107~~767418 32.~~06457025~~975130 0.~~00000000~~000000 ~~0.00000000~~ A2 11/25/05 - 12/26/05 279,862,000.00 34.~~87125~~42375% ~~915~~794.~~58204990~~580962 3.~~15061956~~124469 0.~~00000000~~000000 ~~0.00000000~~ A2A 11/25/05 - 12/26/05 59,958,000.00 34.~~84125~~39375% ~~901~~760.~~49268021~~296491 32.~~07809667~~969380 0.~~00000000~~000000 ~~0.00000000~~ A2B 11/25/05 - 12/26/05 10,007,000.00 4.~~01125~~56375% 1000.~~00000000~~000000 34.~~56555511~~056666 0.~~00000000~~000000 ~~0.00000000~~ M1 11/25/05 - 12/26/05 45,636,000.00 4.~~06125~~61375% 1000.~~00000000~~000000 34.~~61000000~~101111 0.~~00000000~~000000 ~~0.00000000~~ M2 11/25/05 - 12/26/05 34,107,000.00 4.~~09125~~64375% 1000.~~00000000~~000000 34.~~63666667~~127778 0.~~00000000~~000000 ~~0.00000000~~ M3 11/25/05 - 12/26/05 18,254,000.00 4.~~12125~~67375% 1000.~~00000000~~000000 34.~~66333352~~154445 0.~~00000000~~000000 ~~0.00000000~~ M4 11/25/05 - 12/26/05 16,813,000.00 4.~~27125~~82375% 1000.~~00000000~~000000 34.~~79666686~~287778 0.~~00000000~~000000 ~~0.00000000~~ M5 11/25/05 - 12/26/05 14,892,000.00 4.~~29125~~84375% 1000.~~00000000~~000000 34.~~81444467~~305555 0.~~00000000~~000000 ~~0.00000000~~ M6 11/25/05 - 12/26/05 12,490,000.00 4.~~32125~~87375% 1000.~~00000000~~000000 34.~~84111129~~332223 0.~~00000000~~000000 ~~0.00000000~~ M7 11/25/05 - 12/26/05 12,490,000.00 45.~~87125~~42375% 1000.~~00000000~~000000 4.~~33000000~~821111 0.~~00000000~~000000 ~~0.00000000~~ M8 11/25/05 - 12/26/05 9,608,000.00 45.~~99125~~54375% 1000.~~00000000~~000000 4.~~43666632~~927778 0.~~00000000~~000000 ~~0.00000000~~ M9 11/25/05 - 12/26/05 10,088,000.00 5.~~39125~~94375% 1000.~~00000000~~000000 45.~~79222244~~283334 0.~~00000000~~000000 ~~0.00000000~~ M10 11/25/05 - 12/26/05 7,206,000.00 6.~~14125~~69375% 1000.~~00000000~~000000 5.~~45888843~~950000 0.~~00000000~~000000 ~~0.00000000~~ M11 11/25/05 - 12/26/05 9,608,000.00 6.~~14125~~69375% 1000.~~00000000~~000000 5.~~45888843~~950000 0.~~00000000~~000000 ~~0.00000000~~ M12 11/25/05 - 12/26/05 5,292,000.00 6.~~14125~~69375% 1000.~~00000000~~000000 5.~~45888889~~950000 0.~~00000000~~000000 ~~0.00000000~~ X N/A 0.00 0.00000% 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 ~~0.00000000~~ P N/A 100.00 0.00000% 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000 0.00000000 (5) Per $1 denomination.~~000000

Interest Distribution Factors Statement (continued) ~~Remaining~~Class ~~Ending~~Current Non-Supported Total Remaining Unpaid ~~Certificate/~~Ending Interest ~~Realized~~Interest Interest Interest ~~Notional~~Certificate/ ~~Class~~ Shortfall ~~Losses~~ (61) Shortfall Distribution Shortfall(2) Notional Balance R 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 A1 0.~~00000000~~000000 0.~~00000000~~000000 32.~~06457025~~975130 0.~~00000000~~000000 ~~857~~737.~~30247875~~752785 A2 0.~~00000000~~000000 0.~~00000000~~000000 3.~~15061956~~124469 0.~~00000000~~000000 ~~879~~754.~~14264788~~789075 A2A 0.~~00000000~~000000 0.~~00000000~~000000 32.~~07809667~~969380 0.~~00000000~~000000 ~~858~~713.~~97153608~~863331 A2B 0.~~00000000~~000000 0.~~00000000~~000000 34.~~56555511~~056666 0.~~00000000~~000000 1000.~~00000000~~000000 M1 0.~~00000000~~000000 0.~~00000000~~000000 34.~~61000000~~101111 0.~~00000000~~000000 1000.~~00000000~~000000 M2 0.~~00000000~~000000 0.~~00000000~~000000 34.~~63666667~~127778 0.~~00000000~~000000 1000.~~00000000~~000000 M3 0.~~00000000~~000000 0.~~00000000~~000000 34.~~66333352~~154445 0.~~00000000~~000000 1000.~~00000000~~000000 M4 0.~~00000000~~000000 0.~~00000000~~000000 34.~~79666686~~287778 0.~~00000000~~000000 1000.~~00000000~~000000 M5 0.~~00000000~~000000 0.~~00000000~~000000 34.~~81444467~~305555 0.~~00000000~~000000 1000.~~00000000~~000000 M6 0.~~00000000~~000000 0.~~00000000~~000000 34.~~84111129~~332223 0.~~00000000~~000000 1000.~~00000000~~000000 M7 0.~~00000000~~000000 0.~~00000000~~000000 4.~~33000000~~821111 0.~~00000000~~000000 1000.~~00000000~~000000 M8 0.~~00000000~~000000 0.~~00000000~~000000 4.~~43666632~~927778 0.~~00000000~~000000 1000.~~00000000~~000000 M9 0.~~00000000~~000000 0.~~00000000~~000000 45.~~79222244~~283334 0.~~00000000~~000000 1000.~~00000000~~000000 M10 0.~~00000000~~000000 0.~~00000000~~000000 5.~~45888843~~950000 0.~~00000000~~000000 1000.~~00000000~~000000 M11 0.~~00000000~~000000 0.~~00000000~~000000 5.~~45888843~~950000 0.~~00000000~~000000 1000.~~00000000~~000000 M12 0.~~00000000~~000000 0.~~00000000~~000000 5.~~45888889~~950000 0.~~00000000~~000000 1000.~~00000000~~000000 X 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 P 0.~~00000000~~000000 0.~~00000000~~000000 ~~6176450~~5116095.~~10000000~~700000 0.~~00000000~~000000 1000.~~00000000~~000000 (61,2) Amount ~~Does~~also ~~Not~~includes ~~Include~~coupon ~~Excess~~cap ~~Special Hazard, Bankruptcy,~~or ~~Fraud~~basis ~~Losses~~risk ~~Unless~~shortfalls,if ~~Otherwise Disclosed~~applicable. ~~Please~~Per ~~Refer~~$1 ~~to the Prospectus Supplement for a Full Description~~denomination.

CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 3831,~~007~~098,~~216~~604.8545 ~~Liquidations,~~Reserve ~~Insurance~~Funds ~~Proceeds,~~and ~~Reserve~~Credit ~~Funds~~Enhancements 0.00 Proceeds from Repurchased Loans 0.00 ~~Other Amounts (~~Servicer Advances) 0.00 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties ~~617~~511,~~645~~609.0157 Swap/Cap Payments 0.00 Total Deposits 3831,~~624~~610,~~861~~214.8602 Withdrawals ~~Reimbursement~~Swap ~~for~~Payments ~~Servicer~~0.00 ~~Advances~~Reserve Funds and Credit Enhancements 0.00 ~~Payment~~Total ofAdministration ~~Service~~Fees ~~Fee 391~~349,~~302~~635.6050 Payment of Interest and Principal 3831,~~233~~260,~~559~~578.2652 Total Withdrawals (Pool Distribution Amount) 3831,~~624~~610,~~861~~214.8602 Ending Balance 0.00

~~SERVICING~~ADMINISTRATION FEES Gross Servicing Fee* ~~372~~331,~~469~~740.6709 MS Fee 54,~~587~~976.0410 Strip Amount 1312,~~245~~919.8931 Supported Prepayment/Curtailment Interest Shortfall 0.00 ~~Net~~Total ~~Servicing~~Administration ~~Fee~~Fees ~~391~~349,~~302~~635.6050 *Servicer Payees include: SELECT PORTFOLIO SERVICING,INC

~~OTHER~~Reserve ~~ACCOUNTS~~Accounts Account Name Beginning Current Withdrawals Current Deposits Ending ~~Account Type~~ Balance ~~Withdrawals Deposits~~ Balance Reserve Fund 1,000.00 0.00 0.00 1,000.00 Reserve Fund 1,000.00 0882.0032 0882.0032 1,000.00

~~LOAN~~COLLATERAL ~~STATUS STRATIFICATION/CREDIT ENHANCEMENT~~ STATEMENT ~~DELINQUENT~~Collateral ~~BANKRUPTCY~~Description ~~FORECLOSURE~~Fixed ~~REO~~Mixed ~~Total~~& NoARM of& ~~Loans~~Balloon NoWeighted ofAverage ~~Loans~~Gross NoCoupon of7.187575% ~~Loans~~Weighted NoAverage ofNet ~~Loans~~Coupon No6.687575% ofWeighted ~~Loans~~Average ~~Principal~~Pass-Through ~~Balance~~Rate ~~Principal~~6.680075% ~~Balance~~Weighted ~~Principal~~Average ~~Balance~~Remaining ~~Principal~~Term ~~Balance~~348 ~~Principal~~Beginning ~~Balance~~Scheduled ~~0-29~~Collateral ~~Days~~Loan 14Count ~~0 0 14 1~~4,~~409,800.05~~558 ~~0.00~~Number ~~0.00~~Of ~~1,409,800.05~~Loans 30Paid ~~Days~~In ~~144~~Full 1143 0Ending 0Scheduled ~~145~~Collateral ~~24,021,236.97~~Loan ~~34,763.63~~Count ~~0.00 0.00 24~~4,~~056,000.60~~415 60Beginning ~~Days~~Scheduled 65Collateral 0Balance ~~0 0 65 10~~796,~~210~~176,~~228~~223.3288 ~~0.00~~Ending ~~0.00~~Scheduled ~~0.00~~Collateral 10Balance 769,~~210~~819,~~228~~079.3247 90Ending ~~Days~~Actual 35Collateral 2Balance 0at 030-Nov-2005 ~~37 5~~771,~~025~~044,~~109~~260.6768 ~~123,738.81~~Monthly ~~0.00~~P&I ~~0.00~~Constant 5,~~148~~347,~~848~~255.4811 ~~120~~Special ~~Days~~Servicing 17Fee 1 0.00 0Prepayment 18Penalty ~~3,421,730.17~~Waived ~~91,091.37~~Amount 0.00 ~~0.00~~Prepayment ~~3,512,821.54~~Penalty ~~150~~Waived ~~Days~~Count 2 0 0Prepayment 0Penalty 2Paid ~~193,457.99~~Amount ~~0.00 0.00 0.00 193~~511,~~457~~609.9957 ~~180+~~Prepayment ~~Days~~Penalty 0Paid 0Count 0102 0Realized 0Loss ~~0.00~~Amount 0.00 ~~0.00~~Cumulative ~~0.00~~Realized ~~0.00~~Loss ~~Totals 263 18 0 0 281 42~~17,~~871,763~~976.1240 ~~1,659,393.86~~Scheduled ~~0.00~~Principal ~~0.00 44~~578,~~531,156~~441.9876 NoUnscheduled ~~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~~25,778,702.~~288303%~~65 ~~0.000000%~~Required ~~0.000000%~~Overcollateralized ~~0.288303%~~Amount 0.~~163569%~~00 ~~0.000000%~~Overcollateralized ~~0.000000%~~Increase ~~0.163569%~~Amount ~~30 Days 2.965404%~~ 0.~~020593%~~00 ~~0.000000%~~Overcollateralized ~~0.000000%~~Reduction ~~2.985997%~~Amount ~~2.787004%~~ 0.~~004033%~~00 ~~0.000000%~~Specified ~~0.000000%~~O/C ~~2.791037%~~Amount ~~60 Days 1~~13,450,515.~~338550%~~06 ~~0.000000%~~Overcollateralized ~~0.000000%~~Amount 013,450,515.~~000000%~~06 ~~1.338550%~~Overcollateralized ~~1.184616%~~Deficiency ~~0.000000%~~Amount 0.~~000000%~~00 ~~0.000000%~~Base ~~1.184616%~~Overcollateralization 90Amount ~~Days~~ 0.~~720758%~~00 ~~0.041186%~~Extra ~~0.000000%~~principal ~~0.000000%~~distribution ~~0.761944%~~Amount 0.~~583026%~~00 ~~0.014356%~~Excess ~~0.000000%~~Cash ~~0.000000%~~Amount 01,220,137.597382% 120 Days 0.350082% 0.020593% 0.000000% 0.000000% 0.370675% 0.396998% 0.010569% 0.000000% 0.000000% 0.407566% 150 Days 0.041186% 0.000000% 0.000000% 0.000000% 0.041186% 0.022445% 0.000000% 0.000000% 0.000000% 0.022445% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 5.415980% 0.370675% 0.000000% 0.000000% 5.786656% 4.974088% 0.192527% 0.000000% 0.000000% 5.166615%88

~~DELINQUENT~~Group ~~BANKRUPTCY~~Level ~~FORECLOSURE~~Collateral ~~REO~~Statement ~~Total~~Group Group 1 ~~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~~Fixed 5Group ~~0 0 5 209,958.22 0.00 0.00 209,958.22 30 Days 15~~ 1 0- 0ARM 16Group 1,228,762.63 34,763.63 0.00 0.00 1,263,526.26 60 Days 6 0 0 0 6 378,112.94 0.00 0.00 0.00 378,112.94 90 Days 3 0 0 0 3 164,016.77 0.00 0.00 0.00 164,016.77 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 24 6 0 0 30 1,770,892.34 244,721.85 0.00 0.00 2~~,015,614.19~~ 0-29 ~~Days~~Fixed ~~0.594530%~~Collateral ~~0.000000%~~Description ~~0.000000%~~Mixed ~~0.594530%~~ARM ~~0.226681%~~and ~~0.000000%~~Balloon ~~0.000000%~~Mixed ~~0.226681%~~ARM 30and ~~Days~~Balloon ~~1.783591%~~Mixed ~~0.118906%~~ARM ~~0.000000%~~and ~~0.000000%~~Balloon ~~1.902497%~~Weighted ~~1.326633%~~Average ~~0.037533%~~Coupon ~~0.000000%~~Rate 07.~~000000%~~660606 17.~~364165%~~090446 ~~60 Days 0~~6.~~713436%~~951886 ~~0.000000%~~Weighted ~~0.000000%~~Average ~~0.000000%~~Net ~~0.713436%~~Rate 07.~~408229%~~160606 06.~~000000%~~590446 06.~~000000%~~451886 ~~0.000000%~~Weighted ~~0.408229%~~Average 90Remaining ~~Days~~Term ~~0.356718%~~332 ~~0.000000%~~352 ~~0.000000%~~337 ~~0.000000%~~Beginning ~~0.356718%~~Loan ~~0.177081%~~Count ~~0.000000%~~811 0.000000% 0.000000% 0.177081% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 2.853746% 0.713436% 0.000000% 0.000000% 3.567182% 1~~.911943%~~,553 ~~0.264214%~~457 ~~0.000000% 0.000000% 2.176156% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 2 No of~~ Loans NoPaid ofIn ~~Loans~~Full No25 of48 ~~Loans~~8 NoEnding ofLoan ~~Loans~~Count No786 of1,505 ~~Loans~~449 ~~Principal~~Beginning ~~Balance~~Scheduled ~~Principal~~ Balance ~~Principal Balance Principal Balance Principal Balance 0-29 Days 4 0 0 4 691~~88,~~112.30 0.00 0.00 691~~720,~~112~~655.3006 ~~30 Days 65 0 0 0 65 12~~331,~~444~~097,~~872~~547.7191 ~~0.00 0.00 0.00 12~~68,~~444~~268,~~872~~601.7109 60Ending ~~Days~~Scheduled 25Balance ~~0 0 0 25 4~~87,~~244~~008,~~327~~071.~~36 0.~~00 0320,373,264.0016 ~~0.00 4~~66,~~244~~698,~~327~~777.3695 90Record ~~Days~~Date 1211/30/2005 011/30/2005 011/30/2005 0Principal 12And ~~2,067,051.08~~Interest ~~0.00~~Constant 0656,921.0054 ~~0.00~~ 2,~~067~~151,~~051~~764.0820 ~~120 Days 7 1 0 0 8 1~~470,~~700,970~~084.9029 ~~91,091.37~~Scheduled ~~0.00~~Principal ~~0.00 1~~90,~~792,062~~543.2720 ~~150 Days 2 0 0 0 2 193~~195,~~457~~406.9942 ~~0.00 0.00 0.00 193~~74,~~457~~588.9902 ~~180+~~Unscheduled ~~Days~~Principal ~~0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 111 5 0 0 116 20~~1,~~650~~622,~~680~~040.0486 ~~782~~10,~~203~~528,877.6733 ~~0.00 0.00 21~~1,~~432~~495,~~883~~235.7112 ~~0-29~~Scheduled ~~Days~~Interest 0566,378.~~238663%~~34 ~~0.000000% 0.000000% 0.238663% 0.190374% 0.000000% 0.000000% 0.190374% 30 Days 3.878282% 0.000000% 0.000000% 0.000000% 3.878282% 3.428066% 0.000000% 0.000000% 0.000000% 3.428066% 60 Days~~ 1,956,357.~~491647%~~78 0395,496.~~000000%~~27 ~~0.000000%~~Servicing ~~0.000000%~~Fee 136,966.~~491647%~~94 1137,957.~~169143%~~31 028,445.~~000000%~~25 ~~0.000000%~~Master ~~0.000000%~~Servicing ~~1.169143%~~Fee ~~90 Days 0~~554.~~715990%~~50 0.000000% 0.000000% 0.000000% 0.715990% 0.569390% 0.000000% 0.000000% 0.000000% 0.569390% 120 Days 0.417661% 0.059666% 0.000000% 0.000000% 0.477327% 0.468550% 0.025092% 0.000000% 0.000000% 0.493642% 150 Days 0.119332% 0.000000% 0.000000% 0.000000% 0.119332% 0.053290% 0.000000% 0.000000% 0.000000% 0.053290% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 6.622912% 0.298329% 0.000000% 0.000000% 6.921241% 5.688439% 0.215466% 0.000000% 0.000000% 5.903905% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 3 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 9 0 0 0 9 12,~~070,153~~069.9136 0426.0068 ~~0.00~~Trustee ~~0.00~~Fee ~~1,070,153.91 60 Days 4~~ 0 ~~0 0 4 428,671~~.~~01 0.~~00 0.00 0.00 ~~428,671.01~~FRY 90Amount ~~Days 1~~ 0 ~~0 0 1 83,183~~.~~20 0.~~00 0.00 0.00 ~~83,183.20~~Special ~~120~~Hazard ~~Days~~Fee 0 ~~0 0 0 0 0~~.00 0.00 0.00 ~~0.00~~Other ~~0.00~~Fee ~~150 Days~~ 0 ~~0 0 0 0 0~~.00 0.00 0.00 ~~0.00~~Pool ~~0.00~~Insurance ~~180+~~Fee ~~Days~~ 0 ~~0 0 0 0 0~~.00 0.00 0.00 ~~0.00~~Spread ~~0.00 Totals 14 0 0 0 14~~ 1~~,582,008.12~~ 0.00 0.00 0.00 ~~1,582,008.12~~Spread 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.859504% 0.000000% 0.000000% 0.000000% 1.859504% 1.455637% 0.000000% 0.000000% 0.000000% 1.455637% 60 Days 0.826446% 0.000000% 0.000000% 0.000000% 0.826446% 0.583084% 0.000000% 0.000000% 0.000000% 0.583084% 90 Days 0.206612% 0.000000% 0.000000% 0.000000% 0.206612% 0.113147% 0.000000% 0.000000% 0.000000% 0.113147% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 2~~.892562%~~ 0.~~000000%~~00 0.000000% 0.000000% 2.892562% 2.151867% 0.000000% 0.000000% 0.000000% 2.151867% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 4 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 5 0 0 5 508,729.53 0.00 0.00 ~~508,729.53~~Spread 303 ~~Days 55~~ 0 ~~0 0 55 9,277,447~~.~~72 0.~~00 0.00 0.00 ~~9,277,447.72~~Net 60Interest ~~Days 30 0 0 0 30 5~~528,~~159,117~~856.~~01 0.00 0.00 0.00 5,159,117.01~~ 90 ~~Days 19 2 0 0 21 2~~1,~~710~~816,~~858~~331.6211 ~~123~~366,~~738~~624.8134 ~~0.00~~Realized ~~0.00~~Loss ~~2,834,597.43~~Amount ~~120 Days 10~~ 0 ~~0 0 10 1,720,759~~.~~27 0.~~00 0.00 0.00 ~~1,720,759.27~~Cumulative ~~150~~Realized ~~Days~~Loss 0 ~~0 0 0 0 0~~.00 017,976.0040 0.00 ~~0.00~~Percentage ~~0.00~~of ~~180+~~Cumulative ~~Days~~Losses 0 ~~0 0 0 0 0~~.000000 0.000043 0.000000 ~~0.00~~Prepayment ~~0.00~~Penalty ~~Totals~~Waived ~~114~~Amount 7 0 ~~0 121 18,868,182~~.6200 ~~632,468.34~~ 0.00 0.00 ~~19,500,650.96~~Prepayment ~~0-29~~Penalty ~~Days~~Waived ~~0.269542%~~Count 0~~.000000%~~ 0~~.000000%~~ 0~~.269542%~~ ~~0.152895%~~Prepayment ~~0.000000%~~Penalty ~~0.000000%~~Paid ~~0.152895%~~Amount 30Not ~~Days~~Available ~~2.964960%~~Not ~~0.000000%~~Available ~~0.000000%~~Not ~~0.000000%~~Available ~~2.964960%~~Prepayment ~~2.788261%~~Penalty ~~0.000000%~~Paid ~~0.000000%~~Count ~~0.000000%~~Not ~~2.788261%~~Available 60Not ~~Days~~Available ~~1.617251%~~Not ~~0.000000%~~Available ~~0.000000%~~Special ~~0.000000%~~Servicing ~~1.617251%~~Fee ~~1.550531%~~ 0.~~000000%~~00 0.~~000000%~~00 0.~~000000%~~00 ~~1.550531%~~Pass-Through 90Rate ~~Days 1~~7.~~024259%~~153106 0.107817% 0.000000% 0.000000% 1.132075% 0.814726% 0.037189% 0.000000% 0.000000% 0.851915% 120 Days 0.539084% 0.000000% 0.000000% 0.000000% 0.539084% 0.517160% 0.000000% 0.000000% 0.000000% 0.517160% 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 6.~~145553%~~582946 ~~0.377358% 0.000000% 0.000000%~~ 6.~~522911% 5.670679% 0.190083% 0.000000% 0.000000% 5.860762%~~444386

~~OTHER~~Group ~~INFORMATION~~Level ~~Current~~Collateral ~~Period~~Statement ~~Class~~Group AGroup ~~Insufficient~~2 ~~Funds~~- ARM Total Collateral Description Mixed ARM and Balloon Fixed Mixed & ARM & Balloon Weighted Average Coupon Rate 7.207963 7.187575 Weighted Average Net Rate 6.707963 6.687575 Weighted Average Remaining Term 352 348 Beginning Loan Count 1,737 4,558 Loans Paid In Full 62 143 Ending Loan Count 1,675 4,415 Beginning Scheduled Balance 308,089,419.82 796,176,223.88 Ending scheduled Balance 295,738,966.36 769,819,079.47 Record Date 11/30/2005 11/30/2005 Principal And Interest Constant 2,068,485.08 5,347,255.11 Scheduled Principal 217,904.12 578,441.76 Unscheduled Principal 12,132,549.34 25,778,702.65 Scheduled Interest 1,850,580.96 4,768,813.35 Servicing Fee 128,370.59 331,740.09 Master Servicing Fee 1,925.56 4,976.10 Trustee Fee 0.00 ~~Principal~~0.00 ~~Balance~~FRY ofAmount ~~Contaminated~~0.00 ~~Properties~~0.00 Special Hazard Fee 0.00 ~~Periodic~~0.00 ~~Advance~~Other ~~297~~Fee 0.00 0.00 Pool Insurance Fee 0.00 0.00 Spread 1 0.00 0.00 Spread 2 0.00 0.00 Spread 3 0.00 0.00 Net Interest 1,~~136~~720,284.5281 4,432,097.16 Realized Loss Amount 0.00 0.00 Cumulative Realized Loss 0.00 17,976.40 Percentage of Cumulative Losses 0.0000 0.0019 Prepayment Penalty Waived Amount 0.00 0.00 Prepayment Penalty Waived Count 0 0 Prepayment Penalty Paid Amount Not Available 511609.57 Prepayment Penalty Paid Count Not Available 102 Special Servicing Fee 0.00 0.00 Pass-Through Rate 6.700463 6.680075

~~Summary~~Additional 12Reporting ~~Month REO History* New REO Loans Month REO Percentage Loans in REO 0 Oct~~-04 ~~0.000%~~Deal ~~Original~~Level ~~Principal~~Miscellaneous ~~Balance~~Reporting ~~0.00~~Stepdown ~~Nov-04~~NO ~~0.000%~~Trigger ~~Current~~Event ~~Principal~~NO ~~Balance~~A1 ~~0.00~~PTR ~~Dec-04~~(excl ~~0.000%~~CAP) ~~Jan-05~~for ~~0.000%~~Next ~~Current~~Distribution ~~REO Total Feb-05 0~~4.~~000~~53875% ~~Loans~~A2 inPTR ~~REO~~(excl 0CAP) ~~Mar-05~~for ~~0.000%~~Next ~~Original~~Distribution ~~Principal Balance 0~~4.~~00 Apr-05 0.000~~60875% ~~Current~~A2A ~~Principal~~PTR ~~Balance~~(excl ~~0.00~~CAP) ~~May-05~~for ~~0.000%~~Next ~~Jun-05~~Distribution 04.~~000~~57875% ~~Jul-05~~A2B ~~0.000%~~PTR ~~Aug-05~~(excl ~~0.000%~~CAP) ~~Sep-05~~for ~~0.000%~~Next *TheDistribution ~~text reported in the above table is presented graphically on the monthly bond remittance report~~4. ~~The monthly bond remittance report can be viewed online at www.ctslink.com. 1 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 Oct-04 0.000~~74875% ~~Original~~M1 ~~Principal~~PTR ~~Balance~~(excl ~~0.00~~CAP) ~~Nov-04~~for ~~0.000%~~Next ~~Current~~Distribution ~~Principal Balance 0~~4.~~00 Dec-04 0.000~~79875% ~~Jan-05~~M10 ~~0.000%~~PTR ~~Current~~(excl ~~REO~~CAP) ~~Total~~for ~~Feb-05~~Next ~~0.000%~~Distribution ~~Loans in REO 0 Mar-05 0~~6.~~000~~87875% ~~Original~~M11 ~~Principal~~PTR ~~Balance~~(excl ~~0.00~~CAP) ~~Apr-05~~for ~~0.000%~~Next ~~Current~~Distribution ~~Principal Balance 0~~6.~~00 May-05 0.000~~87875% ~~Jun-05~~M12 ~~0.000%~~PTR ~~Jul-05~~(excl ~~0.000%~~CAP) ~~Aug-05~~for ~~0.000%~~Next ~~Sep-05~~Distribution 06.~~000~~87875% *TheM2 ~~text~~PTR ~~reported~~(excl inCAP) ~~the~~for ~~above~~Next ~~table~~Distribution ~~is presented graphically on the monthly bond remittance report~~4. ~~The monthly bond remittance report can be viewed online at www.ctslink.com. 2 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 Oct-04 0.000~~82875% ~~Original~~M3 ~~Principal~~PTR ~~Balance~~(excl ~~0.00~~CAP) ~~Nov-04~~for ~~0.000%~~Next ~~Current~~Distribution ~~Principal Balance 0~~4.~~00 Dec-04 0.000~~85875% ~~Jan-05~~M4 ~~0.000%~~PTR ~~Current~~(excl ~~REO~~CAP) ~~Total~~for ~~Feb-05~~Next ~~0.000%~~Distribution ~~Loans in REO 0 Mar-05 0~~5.~~000~~00875% ~~Original~~M5 ~~Principal~~PTR ~~Balance~~(excl ~~0.00~~CAP) ~~Apr-05~~for ~~0.000%~~Next ~~Current~~Distribution ~~Principal Balance 0~~5.~~00 May-05 0.000~~02875% ~~Jun-05~~M6 ~~0.000%~~PTR ~~Jul-05~~(excl ~~0.000%~~CAP) ~~Aug-05~~for ~~0.000%~~Next ~~Sep-05~~Distribution 05.~~000~~05875% *TheM7 ~~text~~PTR ~~reported~~(excl inCAP) ~~the~~for ~~above~~Next ~~table~~Distribution ~~is presented graphically on the monthly bond remittance report~~5. ~~The monthly bond remittance report can be viewed online at www.ctslink.com. 3 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 Oct-04 0.000~~60875% ~~Original~~M8 ~~Principal~~PTR ~~Balance~~(excl ~~0.00~~CAP) ~~Nov-04~~for ~~0.000%~~Next ~~Current~~Distribution ~~Principal Balance 0~~5.~~00 Dec-04 0.000~~72875% ~~Jan-05~~M9 ~~0.000%~~PTR ~~Current~~(excl ~~REO~~CAP) ~~Total~~for ~~Feb-05~~Next ~~0.000%~~Distribution ~~Loans in REO 0 Mar-05 0~~6.~~000~~12875% ~~Original~~Payment ~~Principal~~under ~~Balance~~CAP ~~0.00~~Agreement Apr-05 0.000% Current Principal Balance 0.00 May-05 0.000% Jun-05 0.000% Jul-05 0.000% Aug-05 0.000% Sep-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. 4 $12 ~~Month REO History* New REO Loans Month REO Percentage Loans in REO 0 Oct-04 0~~,919.~~000%~~31 ~~Original~~Net ~~Principal~~Swap ~~Balance~~Payment ~~0.00~~to ~~Nov-04~~Trust 0$21,923.~~000%~~83 ~~Current~~Net ~~Principal~~Swap ~~Balance~~Payment ~~0.00~~to ~~Dec-04~~Counterparty 0.~~000% Jan-05 0.000% Current REO Total Feb-05 0.000% Loans in REO 0 Mar-05 0.000% Original Principal Balance 0.~~00 Apr-05 0.000% Current Principal Balance 0.00 May-05 0.000% Jun-05 0.000% Jul-05 0.000% Aug-05 0.000% Sep-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com.

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 027 ~~Oct~~Jan-0405 0.000% Original Principal Balance 04,384,120.00 ~~Nov~~Feb-0405 0.000% Current Principal Balance 04,374,895.0002 ~~Dec~~Mar-0405 0.000% ~~Jan~~Apr-05 0.000% Current Foreclosure Total ~~Feb~~May-05 0.000% Loans in Foreclosure 092 ~~Mar~~Jun-05 0.000% Original Principal Balance 014,821,820.00 ~~Apr~~Jul-05 0.000% Current Principal Balance 014,797,331.0023 ~~May~~Aug-05 0.000% ~~Jun~~Sep-05 0.000% ~~Jul~~Oct-05 0.000% ~~Aug~~Nov-05 01.~~000~~348% ~~Sep~~Dec-05 01.~~000~~919% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. Group 1 - Fixed 12 Month 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 0.000% 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 0.000% 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. 2Group 1 - ARM 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 013 ~~Oct~~Jan-0405 0.000% Original Principal Balance 02,038,000.00 ~~Nov~~Feb-0405 0.000% Current Principal Balance 02,033,963.0080 ~~Dec~~Mar-0405 0.000% ~~Jan~~Apr-05 0.000% Current Foreclosure Total ~~Feb~~May-05 0.000% Loans in Foreclosure 042 ~~Mar~~Jun-05 0.000% Original Principal Balance 06,712,015.00 ~~Apr~~Jul-05 0.000% Current Principal Balance 06,700,444.0099 ~~May~~Aug-05 0.000% ~~Jun~~Sep-05 0.000% ~~Jul~~Oct-05 0.000% ~~Aug~~Nov-05 01.~~000~~408% ~~Sep~~Dec-05 02.~~000~~089% *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. 3Group 2 - Fixed 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 01 ~~Oct~~Jan-0405 0.000% Original Principal Balance 083,300.00 ~~Nov~~Feb-0405 0.000% Current Principal Balance 083,183.0020 ~~Dec~~Mar-0405 0.000% ~~Jan~~Apr-05 0.000% Current Foreclosure Total ~~Feb~~May-05 0.000% Loans in Foreclosure 04 ~~Mar~~Jun-05 0.000% Original Principal Balance 0365,500.00 ~~Apr~~Jul-05 0.000% Current Principal Balance 0364,637.0098 ~~May~~Aug-05 0.000% ~~Jun~~Sep-05 0.000% ~~Jul~~Oct-05 0.000% ~~Aug~~Nov-05 0.~~000~~412% ~~Sep~~Dec-05 0.~~000~~546% *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. 4Group 2 - ARM 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 013 ~~Oct~~Jan-0405 0.000% Original Principal Balance 02,262,820.00 ~~Nov~~Feb-0405 0.000% Current Principal Balance 02,257,748.0002 ~~Dec~~Mar-0405 0.000% ~~Jan~~Apr-05 0.000% Current Foreclosure Total ~~Feb~~May-05 0.000% Loans in Foreclosure 046 ~~Mar~~Jun-05 0.000% Original Principal Balance 07,744,305.00 ~~Apr~~Jul-05 0.000% Current Principal Balance 07,732,248.0026 ~~May~~Aug-05 0.000% ~~Jun~~Sep-05 0.000% ~~Jul~~Oct-05 0.000% ~~Aug~~Nov-05 01.~~000~~878% ~~Sep~~Dec-05 02.~~000~~610% *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 NoGroup ~~Foreclosure~~1 ~~loans~~- ~~this~~ARM ~~period~~0001959595 Nov-2005 01-Mar-2005 SC 90.00 50,400.00 Group 1 - ARM 0002002668 Nov-2005 01-Apr-2005 TX 80.00 212,000.00 Group 1 - ARM 0002030933 Nov-2005 01-Apr-2005 TX 75.00 70,500.00 Group 1 - ARM 0002037335 Nov-2005 01-Apr-2005 TX 75.00 66,000.00 Group 1 - ARM 0002057086 Nov-2005 01-Apr-2005 MO 90.00 153,000.00 Group 1 - ARM 1000253460 Nov-2005 01-Mar-2005 SC 80.00 78,400.00 Group 1 - ARM 1000283936 Nov-2005 01-Feb-2005 IL 90.00 64,800.00 Group 1 - ARM 1000458597 Nov-2005 01-Mar-2005 IL 31.22 64,000.00 Group 1 - ARM 1000661242 Dec-2005 01-Apr-2005 CA 90.00 405,000.00 Group 1 - ARM 1000672775 Dec-2005 01-Apr-2005 MA 80.00 255,200.00 Group 1 - ARM 1000687466 Nov-2005 01-Mar-2005 CA 80.00 246,400.00 Group 1 - ARM 1000691415 Nov-2005 01-Mar-2005 PA 75.79 72,000.00 Group 1 - ARM 1000718744 Dec-2005 01-Apr-2005 MI 80.00 64,000.00 Group 1 - ARM 1000719743 Dec-2005 01-Mar-2005 OH 90.00 112,500.00 Group 1 - ARM 1000726183 Nov-2005 01-Apr-2005 MI 95.00 270,750.00 Group 1 - ARM 1000727271 Nov-2005 01-Apr-2005 CA 80.00 376,000.00 Group 1 - ARM 1000730766 Nov-2005 01-Mar-2005 OH 85.00 59,500.00 Group 1 - ARM 1000731033 Nov-2005 01-Apr-2005 NM 61.40 101,000.00 Group 1 - ARM 1000740041 Nov-2005 01-Mar-2005 DC 78.00 136,500.00 Group 1 - ARM 1000778830 Nov-2005 01-Mar-2005 MA 80.00 131,200.00 Group 1 - ARM 1000784066 Nov-2005 01-Apr-2005 CA 80.00 364,000.00 Group 1 - ARM 1000785840 Dec-2005 01-Mar-2005 OK 75.00 63,750.00 Group 1 - ARM 1000791520 Nov-2005 01-Apr-2005 GA 89.02 118,400.00 Group 1 - ARM 1000803704 Nov-2005 01-Apr-2005 NJ 88.42 252,000.00 Group 1 - ARM 1000804357 Dec-2005 01-Mar-2005 SC 70.00 50,400.00 Group 1 - ARM 1000829642 Nov-2005 01-Apr-2005 SC 80.00 75,920.00 Group 1 - ARM 1000829795 Nov-2005 01-Apr-2005 CO 79.33 119,000.00 Group 1 - ARM 1000844199 Dec-2005 01-Apr-2005 IL 90.00 194,400.00 Group 1 - ARM 1000853428 Dec-2005 01-Apr-2005 OH 88.00 110,000.00 Group 1 - ARM 1000895721 Dec-2005 01-Apr-2005 CA 80.00 324,000.00 Group 1 - ARM 1000938864 Dec-2005 01-Apr-2005 OH 85.00 72,250.00 Group 1 - ARM 1000938944 Nov-2005 01-Apr-2005 WA 90.00 325,800.00 Group 1 - ARM 1000939159 Nov-2005 01-Apr-2005 MA 89.89 391,000.00 Group 1 - ARM 1000951875 Nov-2005 01-Apr-2005 TN 57.47 50,000.00 Group 1 - ARM 1000952543 Dec-2005 01-Apr-2005 OH 90.00 67,500.00 Group 1 - ARM 1000971292 Nov-2005 01-Apr-2005 TX 80.00 206,400.00 Group 1 - ARM 1001011648 Dec-2005 01-Apr-2005 MN 90.00 171,000.00 Group 1 - ARM 1001025884 Dec-2005 01-Apr-2005 FL 89.70 148,000.00 Group 1 - ARM 1001056252 Nov-2005 01-Apr-2005 OH 85.00 72,250.00 Group 1 - ARM 1001059384 Nov-2005 01-Apr-2005 CA 75.00 303,750.00 Group 1 - ARM 1001071119 Nov-2005 01-Apr-2005 MD 80.00 159,920.00 Group 1 - ARM 1001103004 Nov-2005 01-May-2005 OH 95.00 83,125.00 Group 2 - Fixed 0002035197 Nov-2005 01-Apr-2005 MS 75.00 51,000.00 Group 2 - Fixed 1000864693 Dec-2005 01-Apr-2005 OH 85.00 83,300.00 Group 2 - Fixed 1000904329 Nov-2005 01-Apr-2005 TX 77.71 108,800.00 Group 2 - Fixed 1000937295 Nov-2005 01-Apr-2005 MI 80.00 122,400.00 Group 2 - ARM 0002005763 Nov-2005 01-Apr-2005 IL 65.00 57,850.00 Group 2 - ARM 0002025159 Nov-2005 01-Mar-2005 CO 90.00 243,000.00 Group 2 - ARM 0002034374 Nov-2005 01-Apr-2005 AZ 85.00 131,750.00 Group 2 - ARM 0002049621 Nov-2005 01-Apr-2005 TX 70.00 129,500.00 Group 2 - ARM 0002052254 Nov-2005 01-Apr-2005 IL 80.00 102,400.00 Group 2 - ARM 0002054097 Dec-2005 01-Apr-2005 GA 75.00 76,500.00 Group 2 - ARM 0002056764 Dec-2005 01-Apr-2005 FL 85.00 351,900.00 Group 2 - ARM 0002058078 Dec-2005 01-Apr-2005 MD 85.00 162,350.00 Group 2 - ARM 1000699863 Dec-2005 01-Mar-2005 OK 90.00 83,700.00 Group 2 - ARM 1000704535 Nov-2005 01-Apr-2005 NJ 80.00 188,000.00 Group 2 - ARM 1000706551 Nov-2005 01-Mar-2005 CA 80.00 316,000.00 Group 2 - ARM 1000714980 Dec-2005 01-Mar-2005 NY 90.00 396,000.00 Group 2 - ARM 1000715140 Dec-2005 01-Mar-2005 PA 71.43 150,000.00 Group 2 - ARM 1000719128 Nov-2005 01-Apr-2005 CA 68.97 200,000.00 Group 2 - ARM 1000730481 Nov-2005 01-Mar-2005 NJ 75.00 217,500.00 Group 2 - ARM 1000760386 Nov-2005 01-Apr-2005 OH 75.00 132,750.00 Group 2 - ARM 1000771169 Nov-2005 01-Apr-2005 NJ 75.00 127,500.00 Group 2 - ARM 1000797301 Nov-2005 01-Apr-2005 NJ 90.00 184,500.00 Group 2 - ARM 1000804712 Nov-2005 01-Mar-2005 MN 80.00 272,000.00 Group 2 - ARM 1000878508 Dec-2005 01-Apr-2005 MI 90.00 72,900.00 Group 2 - ARM 1000884822 Nov-2005 01-Apr-2005 AL 85.00 55,250.00 Group 2 - ARM 1000887491 Nov-2005 01-Apr-2005 NY 85.00 340,000.00 Group 2 - ARM 1000900270 Nov-2005 01-Apr-2005 ME 80.00 246,400.00 Group 2 - ARM 1000900476 Nov-2005 01-Apr-2005 CA 80.00 152,000.00 Group 2 - ARM 1000901796 Nov-2005 01-Apr-2005 MI 95.00 59,755.00 Group 2 - ARM 1000918261 Nov-2005 01-Apr-2005 CA 89.72 288,000.00 Group 2 - ARM 1000937277 Nov-2005 01-Apr-2005 FL 90.00 229,500.00 Group 2 - ARM 1000937650 Dec-2005 01-May-2005 NC 85.00 91,800.00 Group 2 - ARM 1000945605 Nov-2005 01-Apr-2005 CA 80.00 160,000.00 Group 2 - ARM 1000971586 Nov-2005 01-Apr-2005 MN 80.00 146,320.00 Group 2 - ARM 1000977731 Nov-2005 01-Apr-2005 IL 80.00 251,200.00 Group 2 - ARM 1000997363 Dec-2005 01-Apr-2005 OH 85.00 68,000.00 Group 2 - ARM 1001002131 Nov-2005 01-May-2005 FL 90.00 144,000.00 Group 2 - ARM 1001006459 Nov-2005 01-Apr-2005 CA 80.00 231,200.00 Group 2 - ARM 1001010391 Nov-2005 01-Apr-2005 MN 70.00 77,000.00 Group 2 - ARM 1001021904 Dec-2005 01-Apr-2005 RI 85.00 174,250.00 Group 2 - ARM 1001022716 Dec-2005 01-Apr-2005 CA 70.00 238,000.00 Group 2 - ARM 1001026213 Nov-2005 01-Apr-2005 KY 78.08 101,500.00 Group 2 - ARM 1001041303 Nov-2005 01-Apr-2005 OH 85.00 144,500.00 Group 2 - ARM 1001063805 Dec-2005 01-May-2005 MA 79.98 263,920.00 Group 2 - ARM 1001066394 Dec-2005 01-Apr-2005 CA 75.00 133,500.00 Group 2 - ARM 1001087166 Nov-2005 01-Apr-2005 OH 85.00 71,400.00 Group 2 - ARM 1001100686 Nov-2005 01-Apr-2005 PA 90.00 71,100.00 Group 2 - ARM 1001103898 Nov-2005 01-Apr-2005 IN 90.00 85,500.00 Group 2 - ARM 1001103923 Nov-2005 01-May-2005 AL 95.00 72,200.00 Group 2 - ARM 1001130859 Nov-2005 01-May-2005 MN 89.97 251,910.00

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 NoGroup ~~Foreclosure~~1 ~~loans~~- ~~this~~ARM ~~period~~0001959595 50,350.22 01-Apr-2005 6 9.500% 2,638.01 Group 1 - ARM 0002002668 212,000.00 01-Mar-2005 7 8.690% 10,098.00 Group 1 - ARM 0002030933 70,433.25 01-May-2005 5 9.700% 3,774.41 Group 1 - ARM 0002037335 65,936.09 01-Jun-2005 4 11.500% 3,623.46 Group 1 - ARM 0002057086 152,657.22 01-Jun-2005 4 7.500% 5,332.80 Group 1 - ARM 1000253460 78,277.11 01-May-2005 5 9.250% 3,988.94 Group 1 - ARM 1000283936 64,649.87 01-May-2005 5 8.800% 3,124.55 Group 1 - ARM 1000458597 63,852.48 01-Jun-2005 4 8.800% 2,645.95 Group 1 - ARM 1000661242 403,897.72 01-Jul-2005 3 8.250% 13,025.25 Group 1 - ARM 1000672775 254,330.42 01-Jul-2005 3 6.850% 6,717.27 Group 1 - ARM 1000687466 245,958.18 01-May-2005 5 8.600% 11,600.10 Group 1 - ARM 1000691415 71,845.02 01-May-2005 5 7.700% 3,010.83 Group 1 - ARM 1000718744 63,853.72 01-Jun-2005 4 7.400% 2,198.66 Group 1 - ARM 1000719743 112,202.99 01-Jun-2005 4 8.250% 4,340.65 Group 1 - ARM 1000726183 270,294.95 01-Jun-2005 4 9.050% 11,538.92 Group 1 - ARM 1000727271 375,097.05 01-Jun-2005 4 7.150% 12,446.45 Group 1 - ARM 1000730766 59,396.53 01-May-2005 5 8.750% 2,853.36 Group 1 - ARM 1000731033 100,950.84 01-Apr-2005 6 9.550% 5,318.74 Group 1 - ARM 1000740041 135,990.99 01-May-2005 5 6.750% 4,944.73 Group 1 - ARM 1000778830 130,969.53 01-May-2005 5 8.700% 6,253.37 Group 1 - ARM 1000784066 362,958.43 01-Jun-2005 4 6.250% 10,409.67 Group 1 - ARM 1000785840 63,750.00 01-Feb-2005 8 7.250% 2,498.21 Group 1 - ARM 1000791520 118,171.91 01-Jun-2005 4 8.250% 4,571.62 Group 1 - ARM 1000803704 251,787.75 01-Apr-2005 6 6.860% 9,311.39 Group 1 - ARM 1000804357 50,233.71 01-Jul-2005 3 8.150% 1,599.02 Group 1 - ARM 1000829642 75,798.82 01-May-2005 5 7.150% 2,933.17 Group 1 - ARM 1000829795 118,777.89 01-Jun-2005 4 8.450% 4,713.95 Group 1 - ARM 1000844199 193,909.64 01-Jun-2005 4 6.900% 6,191.75 Group 1 - ARM 1000853428 109,948.91 01-Jul-2005 3 7.930% 3,402.49 Group 1 - ARM 1000895721 324,000.00 01-Jul-2005 3 6.500% 8,100.00 Group 1 - ARM 1000938864 72,089.67 01-Jul-2005 3 9.000% 2,550.27 Group 1 - ARM 1000938944 325,191.35 01-Jun-2005 4 8.400% 12,824.56 Group 1 - ARM 1000939159 390,276.98 01-Jun-2005 4 8.450% 15,488.99 Group 1 - ARM 1000951875 49,965.06 01-Apr-2005 6 7.800% 2,121.61 Group 1 - ARM 1000952543 67,418.75 01-May-2005 5 8.550% 3,160.02 Group 1 - ARM 1000971292 206,400.00 01-Apr-2005 6 7.700% 8,668.80 Group 1 - ARM 1001011648 170,763.05 01-Jul-2005 3 7.050% 4,660.41 Group 1 - ARM 1001025884 147,565.22 01-Jul-2005 3 7.600% 4,358.90 Group 1 - ARM 1001056252 72,210.54 01-Apr-2005 6 9.000% 3,572.44 Group 1 - ARM 1001059384 303,238.14 01-May-2005 5 6.880% 11,250.12 Group 1 - ARM 1001071119 159,919.99 01-Apr-2005 6 7.400% 6,436.78 Group 1 - ARM 1001103004 83,125.00 01-Jun-2005 4 8.700% 3,408.12 Group 2 - Fixed 0002035197 50,568.39 01-Jun-2005 4 8.350% 1,970.37 Group 2 - Fixed 1000864693 83,183.20 01-May-2005 5 7.800% 3,534.58 Group 2 - Fixed 1000904329 108,693.66 01-May-2005 5 9.550% 5,729.48 Group 2 - Fixed 1000937295 122,192.73 01-May-2005 5 6.850% 4,514.51 Group 2 - ARM 0002005763 57,816.36 01-Apr-2005 6 8.700% 2,758.98 Group 2 - ARM 0002025159 242,272.27 01-Jul-2005 3 8.630% 8,193.80 Group 2 - ARM 0002034374 131,546.70 01-Jun-2005 4 9.330% 5,797.92 Group 2 - ARM 0002049621 129,353.48 01-May-2005 5 8.850% 6,289.63 Group 2 - ARM 0002052254 102,229.97 01-May-2005 5 6.950% 3,836.63 Group 2 - ARM 0002054097 76,361.39 01-Jun-2005 4 8.550% 3,068.76 Group 2 - ARM 0002056764 350,985.93 01-Jun-2005 4 6.750% 10,944.05 Group 2 - ARM 0002058078 161,824.25 01-Aug-2005 2 8.250% 4,176.29 Group 2 - ARM 1000699863 83,490.78 01-Jun-2005 4 8.400% 3,292.58 Group 2 - ARM 1000704535 187,912.28 01-Apr-2005 6 9.750% 10,120.03 Group 2 - ARM 1000706551 314,825.58 01-Jun-2005 4 6.400% 9,265.25 Group 2 - ARM 1000714980 395,126.34 01-May-2005 5 7.600% 16,327.95 Group 2 - ARM 1000715140 149,658.13 01-Jun-2005 4 8.850% 6,239.06 Group 2 - ARM 1000719128 199,716.59 01-May-2005 5 7.750% 8,428.01 Group 2 - ARM 1000730481 217,012.70 01-May-2005 5 7.500% 8,841.00 Group 2 - ARM 1000760386 132,519.18 01-Jun-2005 4 8.750% 5,458.30 Group 2 - ARM 1000771169 127,431.07 01-Apr-2005 6 9.050% 6,341.54 Group 2 - ARM 1000797301 184,391.06 01-Apr-2005 6 8.630% 8,719.81 Group 2 - ARM 1000804712 272,000.00 01-May-2005 5 8.100% 12,058.69 Group 2 - ARM 1000878508 72,734.68 01-Jul-2005 3 8.880% 2,535.78 Group 2 - ARM 1000884822 55,187.41 01-May-2005 5 8.900% 2,699.52 Group 2 - ARM 1000887491 339,804.38 01-Apr-2005 6 8.750% 16,314.60 Group 2 - ARM 1000900270 245,925.36 01-Jun-2005 4 8.250% 9,513.93 Group 2 - ARM 1000900476 151,597.40 01-Jun-2005 4 6.650% 4,651.09 Group 2 - ARM 1000901796 59,755.00 01-Jun-2005 4 9.650% 2,733.78 Group 2 - ARM 1000918261 288,000.00 01-Jun-2005 4 7.350% 9,864.00 Group 2 - ARM 1000937277 229,059.12 01-May-2005 5 6.200% 7,593.86 Group 2 - ARM 1000937650 91,589.66 01-Jul-2005 3 8.830% 3,174.05 Group 2 - ARM 1000945605 159,840.71 01-Apr-2005 6 6.000% 5,107.47 Group 2 - ARM 1000971586 146,064.21 01-May-2005 5 6.700% 5,268.57 Group 2 - ARM 1000977731 250,789.02 01-May-2005 5 7.030% 9,523.83 Group 2 - ARM 1000997363 67,768.45 01-Jul-2005 3 6.900% 1,804.04 Group 2 - ARM 1001002131 143,893.13 01-May-2005 5 7.500% 5,862.32 Group 2 - ARM 1001006459 231,200.00 01-Jun-2005 4 6.550% 6,993.84 Group 2 - ARM 1001010391 76,953.76 01-Apr-2005 6 8.600% 3,627.23 Group 2 - ARM 1001021904 173,818.83 01-Jul-2005 3 8.450% 5,750.42 Group 2 - ARM 1001022716 237,707.55 01-Jun-2005 4 10.400% 11,754.12 Group 2 - ARM 1001026213 101,306.46 01-Jun-2005 4 8.300% 3,944.52 Group 2 - ARM 1001041303 144,429.67 01-Apr-2005 6 9.550% 7,609.47 Group 2 - ARM 1001063805 263,286.18 01-Jul-2005 3 7.150% 7,283.32 Group 2 - ARM 1001066394 133,395.85 01-Apr-2005 6 7.250% 5,235.75 Group 2 - ARM 1001087166 71,349.61 01-Apr-2005 6 7.750% 3,008.79 Group 2 - ARM 1001100686 71,025.21 01-May-2005 5 9.200% 3,598.69 Group 2 - ARM 1001103898 85,388.88 01-May-2005 5 8.180% 3,816.01 Group 2 - ARM 1001103923 72,151.06 01-May-2005 5 7.950% 3,129.08 Group 2 - ARM 1001130859 251,752.61 01-May-2005 5 8.350% 11,506.17

Bankruptcy Detail - All Mortgage Loans in Bankruptcy during Current Period

~~COLLATERAL~~Summary ~~STATEMENT~~12 ~~Collateral~~Month ~~Description~~Bankruptcy ~~Fixed~~History* ~~Mixed~~New &Bankruptcy ~~ARM~~Loans &Month ~~Balloon~~Bankruptcy ~~Weighted~~Percentage ~~Average~~Loans ~~Gross~~in ~~Coupon~~Bankruptcy 76 Jan-05 0.~~204096~~000% ~~Weighted~~Original ~~Average~~Principal ~~Net~~Balance ~~Coupon~~1,052,750.00 6Feb-05 0.~~704096~~000% ~~Weighted~~Current ~~Average~~Principal ~~Pass~~Balance 1,046,777.64 Mar-~~Through~~05 ~~Rate~~0.000% 6Apr-05 0.~~696596~~000% ~~Weighted~~Current ~~Average~~Bankruptcy ~~Maturity(Stepdown~~Total ~~Calculation)~~May-05 ~~350~~0.000% ~~Beginning~~Loans ~~Scheduled~~in ~~Collateral~~Bankruptcy ~~Loan~~56 ~~Count~~Jun-05 50.000% Original Principal Balance 7,~~010~~424,346.00 ~~Number~~Jul-05 Of0.071% Current Principal Balance 7,370,680.83 Aug-05 0.078% Sep-05 0.193% Oct-05 0.319% Nov-05 0.794% Dec-05 0.956% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. Group 1 - Fixed 12 Month Bankruptcy History* New Bankruptcy Loans ~~Paid~~Month InBankruptcy ~~Full~~Percentage ~~154~~Loans ~~Ending~~in ~~Scheduled~~Bankruptcy ~~Collateral~~1 ~~Loan~~Jan-05 ~~Count~~0.000% 4Original Principal Balance 108,~~856~~000.00 ~~Beginning~~Feb-05 ~~Scheduled~~0.000% ~~Collateral~~Current Principal Balance ~~893~~106,~~927~~905.33 Mar-05 0.000% Apr-05 0.000% Current Bankruptcy Total May-05 0.000% Loans in Bankruptcy 12 Jun-05 0.000% Original Principal Balance 940,~~209~~755.00 ~~Ending~~Jul-05 ~~Scheduled~~0.207% ~~Collateral~~Current Principal Balance ~~861~~916,~~260,744~~929.43 Aug-05 0.257% Sep-05 0.264% Oct-05 0.252% Nov-05 0.912% Dec-05 1.052% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. Group 1 - ARM 12 ~~Ending~~Month ~~Actual~~Bankruptcy ~~Collateral~~History* New Bankruptcy Loans Month Bankruptcy Percentage Loans in Bankruptcy 1 Jan-05 0.000% Original Principal Balance at84,000.00 31Feb-~~Aug~~05 0.000% Current Principal Balance 83,713.63 Mar-~~2005~~05 ~~861~~0.000% Apr-05 0.000% Current Bankruptcy Total May-05 0.000% Loans in Bankruptcy 16 Jun-05 0.000% Original Principal Balance 2,~~901~~720,~~923~~121.00 Jul-05 ~~Monthly~~0.065% ~~P&I~~Current ~~Constant~~Principal 5Balance 2,~~999~~707,~~723~~912.8320 ~~Special~~Aug-05 ~~Servicing~~0.067% ~~Fee~~Sep-05 0.215% Oct-05 0.359% Nov-05 0.792% Dec-05 0.844% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. Group 2 - Fixed 12 Month Bankruptcy History* New Bankruptcy Loans Month Bankruptcy Percentage Loans in Bankruptcy 1 Jan-05 0.000% Original Principal Balance 91,000.00 ~~Prepayment~~Feb-05 ~~Penalties~~0.000% ~~617~~Current Principal Balance 89,~~645~~883.0114 ~~Realized~~Mar-05 ~~Loss~~0.000% ~~Amount~~Apr-05 0.00000% ~~Cumulative~~Current ~~Realized~~Bankruptcy ~~Loss~~Total May-05 0.00000% ~~Scheduled~~Loans in Bankruptcy 6 Jun-05 0.000% Original Principal ~~633~~Balance 693,~~109~~700.1900 ~~Unscheduled~~Jul-05 0.000% Current Principal 32Balance 689,~~033,355~~949.6999 ~~Required~~Aug-05 ~~Overcollateralization~~0.000% ~~Amount~~Sep-05 0.00000% ~~Overcollateralized~~Oct-05 ~~Increase~~0.466% ~~Amount~~Nov-05 0.00878% ~~Overcollateralized~~Dec-05 ~~reduction~~1.032% ~~Amount~~*The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. Group 2 - ARM 12 Month Bankruptcy History* New Bankruptcy Loans Month Bankruptcy Percentage Loans in Bankruptcy 3 Jan-05 0.00000% ~~Specified~~Original ~~O/C~~Principal ~~Amount~~Balance 13769,~~450,515~~750.0600 ~~Overcollateralized~~Feb-05 ~~Amount~~0.000% 13Current Principal Balance 766,~~450,515~~275.0654 ~~Overcollateralized~~Mar-05 ~~Deficiency~~0.000% ~~Amount~~Apr-05 0.00000% ~~Base~~Current ~~Overcollateralized~~Bankruptcy ~~Amount~~Total May-05 0.00000% ~~Extra~~Loans ~~principal~~in ~~distribution~~Bankruptcy ~~Amount~~22 Jun-05 0.000% Original Principal Balance 3,069,770.00 ~~Excess~~Jul-05 ~~Cash~~0.056% ~~Amount~~Current 1Principal Balance 3,~~828~~055,~~587~~889.8721 Aug-05 0.058% Sep-05 0.190% Oct-05 0.262% Nov-05 0.743% Dec-05 1.032% *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.

~~Miscellaneous~~Bankruptcy ~~Reporting~~Detail ~~Stepdown~~- NOAll ~~Trigger~~Mortgage ~~Event~~Loans NOin A1Bankruptcy ~~PTR~~during ~~(excl~~Current ~~CAP)~~Period ~~for~~Group ~~Next~~Loan ~~Distribution~~Month 3Loan First State LTV at Original Number Entered Payment Origination Principal Bankruptcy Date Balance Group 1 - Fixed 0001947067 Jul-2005 01-Jan-2005 NV 15.~~99000%~~00 A235,850.00 ~~PTR~~Group ~~(excl~~1 ~~CAP)~~- ~~for~~Fixed ~~Next~~0001955771 ~~Distribution~~Jul-2005 401-Jan-2005 CO 20.~~06000%~~00 ~~A2A~~40,800.00 ~~PTR~~Group ~~(excl~~1 ~~CAP)~~- ~~for~~Fixed ~~Next~~0002042356 ~~Distribution~~Nov-2005 401-Apr-2005 NY 80.~~03000%~~00 ~~A2B~~104,000.00 ~~PTR~~Group ~~(excl~~1 ~~CAP)~~- ~~for~~Fixed ~~Next~~0002047134 ~~Distribution~~Nov-2005 401-Apr-2005 UT 80.~~20000%~~00 M1197,600.00 ~~PTR~~Group ~~(excl~~1 ~~CAP)~~- ~~for~~Fixed ~~Next~~0002057786 ~~Distribution~~Jul-2005 401-Apr-2005 TX 57.~~25000%~~14 ~~M10~~50,000.00 ~~PTR~~Group ~~(excl~~1 ~~CAP)~~- ~~for~~Fixed ~~Next~~1000495422 ~~Distribution~~Jul-2005 601-Feb-2005 NV 20.~~33000%~~00 ~~M11~~34,955.00 ~~PTR~~Group ~~(excl~~1 ~~CAP)~~- ~~for~~Fixed ~~Next~~1000663972 ~~Distribution~~Oct-2005 601-Mar-2005 WY 20.~~33000%~~00 ~~M12~~30,000.00 ~~PTR~~Group ~~(excl~~1 ~~CAP)~~- ~~for~~Fixed ~~Next~~1000703821 ~~Distribution~~Nov-2005 601-Apr-2005 FL 20.~~33000%~~00 M232,400.00 ~~PTR~~Group ~~(excl~~1 ~~CAP)~~- ~~for~~Fixed ~~Next~~1000751261 ~~Distribution~~Nov-2005 401-Apr-2005 NJ 20.~~28000%~~00 M350,000.00 ~~PTR~~Group ~~(excl~~1 ~~CAP)~~- ~~for~~Fixed ~~Next~~1000780952 ~~Distribution~~Jul-2005 401-Mar-2005 IN 80.~~31000%~~00 M458,400.00 ~~PTR~~Group ~~(excl~~1 ~~CAP)~~- ~~for~~Fixed ~~Next~~1000937259 ~~Distribution~~Dec-2005 401-Apr-2005 OK 90.~~46000%~~00 M5108,000.00 ~~PTR~~Group ~~(excl~~1 ~~CAP)~~- ~~for~~Fixed ~~Next~~1001059295 ~~Distribution~~Nov-2005 401-Apr-2005 FL 75.~~48000%~~00 M6198,750.00 ~~PTR~~Group ~~(excl~~1 ~~CAP)~~- ~~for~~ARM ~~Next~~0001948142 ~~Distribution~~Sep-2005 401-Jan-2005 MA 90.~~51000%~~00 M7265,500.00 ~~PTR~~Group ~~(excl~~1 ~~CAP)~~- ~~for~~ARM ~~Next~~0001973036 ~~Distribution~~Nov-2005 501-Jan-2005 IN 80.~~06000%~~00 M8104,800.00 ~~PTR~~Group ~~(excl~~1 ~~CAP)~~- ~~for~~ARM ~~Next~~0001986424 ~~Distribution~~Nov-2005 501-Apr-2005 UT 80.~~18000%~~00 M957,600.00 ~~PTR~~Group ~~(excl~~1 ~~CAP)~~- ~~for~~ARM ~~Next~~0002011068 ~~Distribution~~Nov-2005 501-Apr-2005 AL 75.~~58000%~~00 ~~Payment~~193,500.00 ~~under~~Group ~~CAP~~1 ~~Agreement~~- ~~13245~~ARM 1000507927 Jul-2005 01-Mar-2005 VA 90.8900 ~~Net~~256,500.00 ~~Swap~~Group ~~Payment~~1 to- ~~Trust~~ARM 01000670580 Sep-2005 01-Apr-2005 MO 85.00 ~~Net~~106,250.00 ~~Swap~~Group ~~Payment~~1 to- ~~Counterparty~~ARM ~~25862~~1000701814 Sep-2005 01-Mar-2005 MI 90.00 66,600.00 Group 1 - ARM 1000706061 Nov-2005 01-Mar-2005 CA 90.00 405,000.00 Group 1 - ARM 1000718209 Nov-2005 01-Mar-2005 KS 90.00 141,300.00 Group 1 - ARM 1000728920 Nov-2005 01-Mar-2005 FL 80.00 171,200.00 Group 1 - ARM 1000738795 Oct-2005 01-Mar-2005 CO 76.47 206,471.00 Group 1 - ARM 1000819680 Nov-2005 01-Apr-2005 CA 90.00 317,700.00 Group 1 - ARM 1000854668 Dec-2005 01-Mar-2005 FL 75.00 84,000.00 Group 1 - ARM 1000938784 Sep-2005 01-Apr-2005 OH 80.00 91,200.00 Group 1 - ARM 1000938793 Oct-2005 01-Apr-2005 NE 95.00 95,000.00 Group 1 - ARM 1000970408 Oct-2005 01-Apr-2005 MI 90.00 157,500.00 Group 2 - Fixed 0002040073 Dec-2005 01-Apr-2005 OH 100.00 91,000.00 Group 2 - Fixed 0002051574 Nov-2005 01-Apr-2005 IN 95.00 95,000.00 Group 2 - Fixed 1000906103 Oct-2005 01-Apr-2005 KY 95.00 64,600.00 Group 2 - Fixed 1001002836 Nov-2005 01-Apr-2005 FL 70.00 174,300.00 Group 2 - Fixed 1001055538 Oct-2005 01-Apr-2005 MS 90.00 75,600.00 Group 2 - Fixed 1001104913 Oct-2005 01-Apr-2005 TN 80.00 193,200.00 Group 2 - ARM 0002022498 Oct-2005 01-Apr-2005 OR 85.00 144,500.00 Group 2 - ARM 0002044463 Nov-2005 01-Apr-2005 OH 90.00 115,200.00 Group 2 - ARM 1000379931 Sep-2005 01-Mar-2005 OK 80.00 128,000.00 Group 2 - ARM 1000689570 Nov-2005 01-Apr-2005 NJ 72.39 159,250.00 Group 2 - ARM 1000708728 Sep-2005 01-Apr-2005 MD 75.00 135,000.00 Group 2 - ARM 1000722917 Nov-2005 01-Mar-2005 TX 80.00 112,000.00 Group 2 - ARM 1000725674 Sep-2005 01-Apr-2005 TN 90.00 54,900.00 Group 2 - ARM 1000750770 Nov-2005 01-Apr-2005 NJ 80.00 200,000.00 Group 2 - ARM 1000800958 Nov-2005 01-Mar-2005 MO 90.00 238,500.00 Group 2 - ARM 1000803866 Jul-2005 01-Mar-2005 FL 80.00 131,200.00 Group 2 - ARM 1000816816 Sep-2005 01-Mar-2005 GA 85.00 51,000.00 Group 2 - ARM 1000834636 Nov-2005 01-Apr-2005 AL 80.00 95,120.00 Group 2 - ARM 1000893554 Oct-2005 01-Apr-2005 NE 76.44 64,900.00 Group 2 - ARM 1000939934 Nov-2005 01-Apr-2005 NY 95.00 256,500.00 Group 2 - ARM 1000958191 Sep-2005 01-Apr-2005 TX 86.84 66,000.00 Group 2 - ARM 1000964488 Dec-2005 01-Apr-2005 CA 95.00 441,750.00 Group 2 - ARM 1000973325 Nov-2005 01-Apr-2005 IN 90.00 65,250.00 Group 2 - ARM 1000988827 Dec-2005 01-Apr-2005 FL 80.00 164,000.00 Group 2 - ARM 1000991074 Nov-2005 01-Apr-2005 NE 89.62 82,000.00 Group 2 - ARM 1001055342 Nov-2005 01-Apr-2005 IN 90.00 92,700.00 Group 2 - ARM 1001079353 Dec-2005 01-Apr-2005 IL 80.00 164,000.00 Group 2 - ARM 1001102639 Nov-2005 01-Apr-2005 AZ 80.00 108,000.00

Bankruptcy Detail - All Mortgage Loans in Bankruptcy during Current Period (continued) Group ~~Level~~Loan ~~Collateral~~Current ~~Statement~~Paid To Months Current Approximate Number Principal Date Delinquent Loan Rate Delinquent Balance Interest Group 1 2- Fixed 0001947067 33,224.84 01-Feb-2006 (3) ~~Collateral~~9.500% ~~Description~~0.00 ~~Mixed~~Group ~~ARM~~1 ~~and~~- ~~Balloon~~Fixed ~~Mixed~~0001955771 ~~ARM~~40,620.52 ~~and~~01-Oct-2005 ~~Balloon~~0 ~~Mixed~~10.250% ~~ARM~~659.93 ~~and~~Group ~~Balloon~~1 ~~Weighted~~- ~~Average~~Fixed ~~Coupon~~0002042356 ~~Rate~~103,486.44 01-Oct-2005 0 7.~~663638~~850% 71,267.~~104700~~24 Group 1 - Fixed 0002047134 196,243.72 01-Oct-2005 0 6.~~970390~~550% ~~Weighted~~1,978.11 ~~Average~~Group ~~Net~~1 ~~Rate~~- Fixed 0002057786 33,592.69 01-Oct-2005 0 7.~~163638~~840% 6410.~~604700~~32 6Group 1 - Fixed 1000495422 34,763.~~470391~~63 ~~Weighted~~01-Jun-2005 ~~Average~~4 ~~Maturity~~11.550% ~~334~~1,915.55 ~~354~~Group ~~339~~1 ~~Beginning~~- ~~Loan~~Fixed ~~Count~~1000663972 29,700.40 01-Oct-2005 0 10.650% 502.10 Group 1 - Fixed 1000703821 32,329.14 01-May-2005 5 11.450% 2,058.37 Group 1 - Fixed 1000751261 49,833.51 01-Nov-2005 0 10.900% 863.95 Group 1 - Fixed 1000780952 58,~~737~~214.57 ~~493~~01-Oct-2005 ~~Loans~~0 ~~Paid~~10.650% In984.58 ~~Full~~Group 221 61- 9Fixed ~~Ending~~1000937259 ~~Loan~~106,905.33 ~~Count~~01-Oct-2005 ~~841~~0 7.430% 1,~~676~~234.25 ~~484~~Group ~~Beginning~~1 ~~Scheduled~~- ~~Balance~~Fixed 951001059295 198,~~392~~014.64 01-Sep-2005 1 8.500% 3,~~052~~957.9277 ~~379~~Group 1 - ARM 0001948142 263,~~856~~149.68 01-Aug-2005 2 5.650% 4,~~501~~509.1691 74Group 1 - ARM 0001973036 104,~~824~~224.46 01-Aug-2005 2 7.400% 2,~~039~~394.4229 ~~Ending~~Group ~~Scheduled~~1 ~~Balance~~- 92ARM 0001986424 57,~~535~~490.17 01-Jun-2005 4 8.300% 2,~~187~~238.1846 ~~362~~Group 1 - ARM 0002011068 193,~~794~~041.19 01-Aug-2005 2 9.750% 5,~~388~~947.7174 73Group 1 - ARM 1000507927 254,~~445~~945.58 01-Sep-2005 1 6.990% 4,~~821~~132.1692 ~~Record~~Group ~~Date~~1 ~~08/31/~~- ARM 1000670580 105,858.66 01-Aug-2005 ~~08/31/~~2 7.600% 2,502.47 Group 1 - ARM 1000701814 66,372.12 01-Oct-2005 ~~08/31/~~0 10.300% 1,083.83 Group 1 - ARM 1000706061 403,686.48 01-Jun-2005 ~~Principal~~4 ~~And~~7.100% ~~Interest~~13,293.96 ~~Constant~~Group ~~703~~1 - ARM 1000718209 140,~~717~~847.6587 01-Jul-2005 3 8.300% 4,571.52 Group 1 - ARM 1000728920 170,055.47 01-Sep-2005 1 6.300% 2,~~469~~463.36 Group 1 - ARM 1000738795 205,~~546~~577.8396 ~~513~~01-Aug-2005 2 7.730% 4,~~449~~947.0619 ~~Scheduled~~Group ~~Principal~~1 94- ARM 1000819680 316,~~509~~478.2091 ~~220~~01-Aug-2005 2 7.450% 7,~~574~~323.6619 78Group 1 - ARM 1000854668 83,~~821~~713.7563 ~~Unscheduled~~01-Aug-2005 ~~Principal~~2 8.900% 2,~~762~~341.92 Group 1 - ARM 1000938784 91,~~356~~091.5437 1601-May-2005 5 8.600% 4,~~841~~296.19 Group 1 - ARM 1000938793 94,~~537~~530.7990 01-Oct-2005 0 7.850% 1,~~299~~157.58 Group 1 - ARM 1000970408 156,~~396~~847.5175 ~~Scheduled~~01-Oct-2005 ~~Interest~~0 ~~609~~8.750% 2,~~208~~156.4501 Group 2 - Fixed 0002040073 89,~~248~~883.14 01-Oct-2005 0 7.900% 1,~~972~~107.1755 ~~434~~Group 2 - Fixed 0002051574 94,~~627~~581.3168 ~~Servicing~~01-Aug-2005 ~~Fees~~2 396.800% 1,~~746~~983.6959 ~~158~~Group 2 - Fixed 1000906103 64,~~273~~463.5407 3101-Jul-2005 3 9.200% 2,~~176~~334.6823 ~~Master~~Group ~~Servicing~~2 ~~Fees~~- ~~596~~Fixed 1001002836 173,430.2066 01-Oct-2005 0 7.800% 2,~~374~~109.1030 ~~467~~Group 2 - Fixed 1001055538 75,465.6581 ~~Trustee~~01-Jun-2005 ~~Fee~~4 08.00650% 03,070.0055 Group 2 - Fixed 1001104913 192,125.63 01-Oct-2005 0 7.00250% ~~FRY~~2,160.53 ~~Amount~~Group 02 - ARM 0002022498 144,443.0052 01-Oct-2005 0 5.00950% 01,312.0004 ~~Special~~Group ~~Hazard~~2 ~~Fee~~- 0ARM 0002044463 114,731.0095 001-Sep-2005 1 8.00040% 02,161.00 ~~Other~~Group ~~Fee~~2 0- ARM 1000379931 126,789.0031 01-Oct-2005 0 5.00500% 01,055.0097 ~~Pool~~Group ~~Insurance~~2 ~~Fee~~- 0ARM 1000689570 158,225.0070 01-Oct-2005 0 6.00500% 01,581.0051 ~~Spread~~Group 2 - ARM 1000708728 134,500.49 01-Sep-2005 1 08.00500% 02,688.0030 0Group 2 - ARM 1000722917 111,772.0057 ~~Spread~~01-May-2005 5 7.990% 4,873.34 Group 2 0- ARM 1000725674 54,866.0040 001-Apr-2005 6 8.00450% 02,538.0007 ~~Spread~~Group 32 0- ARM 1000750770 198,734.0038 01-Oct-2005 0 6.00800% 02,085.0077 ~~Net~~Group ~~Interest~~2 ~~568~~- ARM 1000800958 237,~~865~~673.5674 01-Aug-2005 2 8.830% 6,~~088,324~~591.53 ~~402~~Group 2 - ARM 1000803866 130,~~982~~183.9847 ~~Realized~~01-Oct-2005 ~~Loss~~0 ~~Amount~~6.250% 01,246.0097 0Group 2 - ARM 1000816816 50,789.0033 01-Oct-2005 0 9.00400% ~~Cumulative~~753.18 ~~Realized~~Group ~~Loss~~2 0- ARM 1000834636 94,513.0062 01-Nov-2005 0 7.00250% 01,063.0072 ~~Percentage~~Group of2 ~~Cumulative~~- ~~Losses~~ARM 01000893554 64,503.~~0000~~06 001-Sep-2005 1 5.~~0000~~950% 0877.~~0000~~93 ~~Prepayment~~Group ~~Penalties~~2 0- ARM 1000939934 255,456.0057 01-Oct-2005 0 9.00100% 03,660.0050 ~~Special~~Group ~~Servicing~~2 ~~Fee~~- ARM 1000958191 65,558.26 01-Nov-2005 0 7.00000% 710.51 Group 2 - ARM 1000964488 439,524.73 01-Oct-2005 0 7.00750% 5,308.95 Group 2 - ARM 1000973325 65,196.52 01-Apr-2005 6 7.000% 2,463.79 Group 2 - ARM 1000988827 163,157.26 01-Oct-2005 0 7.00650% ~~Pass~~1,943.56 Group 2 -~~Through~~ ~~Rate~~ARM 1000991074 81,939.14 01-Apr-2005 6 7.~~156138~~500% 3,335.71 Group 2 - ARM 1001055342 92,646.94 01-Apr-2005 6 8.~~597200~~780% 4,462.45 Group 2 - ARM 1001079353 163,593.55 01-Jun-2005 4 6.~~462890~~990% 5,297.39 Group 2 - ARM 1001102639 107,088.70 01-Nov-2005 0 6.100% 1,000.00

~~Group~~Realized ~~Level~~Loss ~~Collateral~~Detail ~~Statement~~Report ~~Group~~- 4Loans ~~Total~~with ~~Collateral~~Losses ~~Description~~during ~~Mixed~~Current ~~ARM~~Period ~~and~~Summary ~~Balloon~~# ~~Fixed Mixed & ARM & Balloon Weighted Average Coupon Rate 7.237268 7.204096 Weighted Average Net Rate 6.737268 6.704096 Weighted Average Maturity 354 350 Beginning Loan Count 1,917 5,010~~ Loans ~~Paid~~Prior InRealized ~~Full~~Current 62with ~~154~~Principal ~~Ending~~Loss/(Gain) ~~Loan~~Loss ~~Count~~Group ~~1,855~~Losses ~~4,856 Beginning Scheduled~~ Balance ~~343,854,615.50~~Amount ~~893,927,209.00~~Percentage ~~Ending~~Group ~~scheduled~~1 ~~Balance~~- ~~332,485,347.07~~Fixed 861,260,744.12 Record Date 08/31/2005 08/31/2005 Principal And Interest Constant 2,313,010.29 5,999,723.83 Scheduled Principal 239,203.58 633,109.19 Unscheduled Principal 11,130,064.85 32,033,355.69 Scheduled Interest 2,073,806.71 5,366,614.64 Servicing Fees 143,272.76 372,469.67 Master Servicing Fees 2,149.09 5,587.04 Trustee Fee 0~~.00~~ 0.00 ~~FRY Amount~~ 0.00 0.00000% ~~Special~~Group ~~Hazard~~1 ~~Fee~~- ~~0.00~~ARM 0~~.00~~ ~~Other Fee~~ 0.00 0.00 ~~Pool Insurance Fee~~ 0.00000% ~~0.00~~Group ~~Spread~~2 1- ~~0.00~~Fixed 0~~.00~~ ~~Spread 2~~ 0.00 0.00 ~~Spread 3~~ 0.00000% ~~0.00~~Group ~~Net~~2 ~~Interest~~- ~~1,928,384.86~~ARM ~~4,988,557.93 Realized Loss Amount~~ 0~~.00~~ 0.00 ~~Cumulative Realized Loss~~ 0.00 0.00000% ~~Percentage~~Total ~~of Cumulative Losses~~ 0~~.0000~~ 0.~~0000 Prepayment Penalties 0.~~00 0.00 ~~Special Servicing Fee~~ 0.~~00 0.00 Pass-Through Rate 6.729768 6.696596~~000%

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 1 22 2,771,490.00 2,758,827.69 0 0.00 0.00 2 61 16,912,220.00 16,819,999.06 0 0.00 0.00 3 9 1,303,201.00 1,296,904.44 0 0.00 0.00 4 62 11,162,264.00 11,120,040.43 0 0.00 0.00 Total 154 32,149,175.00 31,995,771.62 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 1 0 0.00 0.00 0 0.00 0.00 5,729.66 2 0 0.00 0.00 0 0.00 0.00 30,913.95 3 0 0.00 0.00 0 0.00 0.00 3,653.76 4 0 0.00 0.00 0 0.00 0.00 18,174.99 Total 0 0.00 0.00 0 0.00 0.00 58,472.36

Prepayment Loan Detail - Prepayments during Current Period First Original Loan LTV at Payment Principal Prepayment Group Number State Origination Date Balance Amount 1 0001984245 CA 20.00 01-Feb-2005 54,000.00 53,801.09 1 0002016651 FL 63.64 01-Apr-2005 525,000.00 522,977.09 1 0002022552 MN 20.00 01-Mar-2005 60,400.00 60,185.65 1 0002022890 CA 15.00 01-Mar-2005 55,500.00 55,384.15 1 0002042143 CA 72.34 01-Apr-2005 170,000.00 169,074.24 1 0002058223 TX 62.50 01-Apr-2005 70,000.00 68,784.45 1 1000432268 CA 63.76 01-Feb-2005 190,000.00 188,456.75 1 1000463652 CA 45.56 01-Mar-2005 123,000.00 122,253.31 1 1000510174 NY 20.00 01-Feb-2005 82,680.00 82,408.92 1 1000594020 CA 76.92 01-Feb-2005 400,000.00 396,985.44 1 1000664043 FL 48.63 01-Mar-2005 89,000.00 88,460.83 1 1000664212 CA 74.71 01-Mar-2005 257,750.00 256,358.41 1 1000677538 AZ 20.00 01-Mar-2005 33,700.00 33,592.93 1 1000747632 CA 20.00 01-Mar-2005 53,000.00 52,807.68 1 1000773693 CA 20.00 01-Mar-2005 75,000.00 74,726.92 1 1000824184 CA 15.00 01-Apr-2005 58,500.00 58,386.12 1 1000896445 FL 20.00 01-Apr-2005 46,000.00 45,671.58 1 1000904579 CA 20.00 01-Apr-2005 53,000.00 52,876.20 1 1000919741 CA 58.14 01-Apr-2005 250,000.00 248,788.47 1 1000941734 AL 20.00 01-Apr-2005 30,980.00 30,928.38 1 1000976377 FL 20.00 01-Apr-2005 36,180.00 36,101.64 1 1001099965 AZ 20.00 01-Apr-2005 57,800.00 57,616.63 2 0001976934 ID 80.00 01-Jan-2005 310,400.00 306,957.60 2 0002006229 CA 85.00 01-Apr-2005 157,250.00 156,385.42 2 0002044372 RI 48.78 01-Apr-2005 100,000.00 99,689.53 2 0002045715 MA 57.84 01-Apr-2005 387,500.00 385,584.96 2 0002051274 CA 90.00 01-Apr-2005 378,000.00 378,000.00 2 1000284711 CA 80.00 01-Feb-2005 302,400.00 302,252.15 2 1000313075 TN 94.99 01-Feb-2005 189,500.00 188,438.99 2 1000473320 CA 84.90 01-Mar-2005 246,200.00 244,759.58 2 1000490775 DC 70.00 01-Feb-2005 182,000.00 181,086.54 2 1000567327 NM 52.31 01-Mar-2005 306,000.00 303,945.38 2 1000573347 NJ 78.30 01-Apr-2005 356,250.00 354,654.57 2 1000607702 NJ 85.00 01-Apr-2005 488,750.00 487,001.33 2 1000620126 CA 85.00 01-Apr-2005 157,250.00 156,522.63 2 1000663632 NY 95.00 01-Mar-2005 299,250.00 298,164.65 2 1000673364 OR 95.00 01-Mar-2005 318,250.00 316,799.77 2 1000693468 HI 80.00 01-Mar-2005 560,000.00 556,726.96 2 1000714356 NY 80.00 01-Apr-2005 492,000.00 446,860.06 2 1000715989 CA 82.40 01-Mar-2005 380,700.00 377,605.16 2 1000718389 NV 95.00 01-Mar-2005 230,600.00 229,590.79 2 1000726511 CA 52.65 01-Mar-2005 129,000.00 128,209.30 2 1000746330 CA 90.00 01-Mar-2005 319,500.00 319,499.96 2 1000747035 CA 90.00 01-Mar-2005 238,500.00 238,500.00 2 1000755515 FL 90.00 01-Mar-2005 143,604.00 142,942.96 2 1000774914 CA 76.00 01-Mar-2005 190,000.00 189,249.29 2 1000775502 CA 39.40 01-Mar-2005 113,471.00 112,585.68 2 1000804213 WV 75.00 01-Mar-2005 123,750.00 123,245.29 2 1000811900 MD 65.00 01-Apr-2005 130,000.00 129,579.08 2 1000818690 AL 85.00 01-Apr-2005 79,050.00 78,788.01 2 1000818912 NY 90.00 01-Apr-2005 265,500.00 264,334.37 2 1000832950 CA 53.72 01-Mar-2005 145,035.00 143,887.26 2 1000841968 NJ 77.67 01-Apr-2005 167,000.00 166,475.92 2 1000844910 CA 89.00 01-Apr-2005 396,050.00 396,050.00 2 1000861197 FL 95.00 01-Apr-2005 289,750.00 289,749.97 2 1000865987 MD 85.00 01-Apr-2005 204,850.00 203,547.97 2 1000866370 NV 65.00 01-Apr-2005 507,000.00 507,000.00 2 1000904837 CA 88.13 01-Apr-2005 282,000.00 281,949.48 2 1000912506 CA 68.25 01-Apr-2005 215,000.00 214,065.39 2 1000914194 CA 80.00 01-Apr-2005 152,000.00 151,203.65 2 1000922933 MD 80.00 01-Apr-2005 412,000.00 409,893.23 2 1000925592 CA 85.00 01-Apr-2005 362,100.00 360,760.29 2 1000928385 CA 85.00 01-Apr-2005 399,500.00 397,303.48 2 1000939523 CA 85.00 01-Apr-2005 522,750.00 522,750.00 2 1000940263 CA 49.23 01-Apr-2005 160,000.00 159,232.14 2 1000940316 CA 85.00 01-Apr-2005 548,250.00 548,249.95 2 1000940708 CA 79.43 01-Apr-2005 224,000.00 222,981.78 2 1000940904 OR 70.80 01-Apr-2005 141,600.00 140,702.26 2 1000949451 ID 82.47 01-Apr-2005 80,000.00 79,515.19 2 1000960259 FL 84.91 01-Apr-2005 180,000.00 179,255.70 2 1000961276 CA 78.43 01-Apr-2005 349,000.00 346,787.38 2 1000964898 MD 95.00 01-Apr-2005 361,000.00 358,812.44 2 1000967494 CA 60.10 01-Apr-2005 187,500.00 187,449.25 2 1000971265 CA 79.72 01-Apr-2005 375,500.00 372,946.99 2 1001001846 CA 90.00 01-Apr-2005 495,000.00 495,000.00 2 1001015699 WA 76.06 01-Apr-2005 108,000.00 107,411.17 2 1001017143 CA 89.23 01-Mar-2005 290,000.00 290,000.00 2 1001024411 CA 84.89 01-Apr-2005 236,000.00 235,159.86 2 1001057992 CA 68.39 01-Apr-2005 212,000.00 211,081.20 2 1001071538 NV 69.88 01-Apr-2005 283,000.00 281,782.03 2 1001075623 CA 87.56 01-Apr-2005 394,000.00 393,999.95 2 1001079399 CA 95.00 01-Apr-2005 441,750.00 441,749.95 2 1001102773 VA 90.00 01-Apr-2005 215,910.00 215,909.95 3 0001986437 MA 28.85 01-Feb-2005 75,001.00 74,664.49 3 0002047343 CA 78.89 01-Apr-2005 142,000.00 141,302.98 3 0002057457 HI 80.00 01-Apr-2005 123,200.00 122,548.22 3 0002059478 DC 62.26 01-Apr-2005 132,000.00 131,230.55 3 1000590337 CA 67.27 01-Feb-2005 185,000.00 183,500.60 3 1000719191 VA 74.44 01-Mar-2005 99,000.00 98,460.16 3 1000862917 CA 77.62 01-Apr-2005 163,000.00 161,999.78 3 1000881193 CA 80.00 01-Apr-2005 200,000.00 198,868.24 3 1001050347 CA 52.57 01-Apr-2005 184,000.00 183,167.73 4 0002000545 MA 45.70 01-Mar-2005 85,000.00 84,309.69 4 0002025416 CA 85.00 01-Apr-2005 113,900.00 113,236.71 4 0002029987 CA 80.00 01-Mar-2005 240,000.00 239,001.54 4 0002031202 AZ 85.00 01-Apr-2005 165,750.00 164,922.84 4 0002034854 CA 85.00 01-Apr-2005 204,000.00 202,926.02 4 0002040056 CA 65.00 01-Apr-2005 354,250.00 352,394.06 4 0002041819 IL 80.00 01-Apr-2005 82,400.00 82,095.11 4 0002045438 AZ 79.25 01-Apr-2005 168,000.00 167,201.66 4 0002056092 IL 56.49 01-Apr-2005 161,000.00 160,327.56 4 0002059271 IL 80.00 01-Apr-2005 163,200.00 162,637.91 4 1000098272 NH 64.83 01-Apr-2005 94,000.00 93,615.56 4 1000336390 CA 90.00 01-Apr-2005 73,800.00 73,428.10 4 1000357465 NJ 95.00 01-Apr-2005 260,870.00 260,034.12 4 1000482276 CA 90.00 01-Mar-2005 325,800.00 324,170.38 4 1000669912 MA 79.68 01-Mar-2005 200,000.00 198,544.63 4 1000677583 CA 81.63 01-Apr-2005 240,000.00 238,914.45 4 1000693930 CT 85.00 01-Apr-2005 144,075.00 143,525.41 4 1000694261 CA 61.70 01-Apr-2005 145,000.00 144,474.34 4 1000697794 NY 80.00 01-Apr-2005 291,200.00 289,526.17 4 1000712580 NY 85.00 01-Mar-2005 331,500.00 330,077.16 4 1000713437 DC 29.41 01-Mar-2005 80,000.00 79,702.52 4 1000718539 WI 75.00 01-Mar-2005 105,000.00 104,648.57 4 1000724988 CA 88.57 01-Mar-2005 275,000.00 273,246.09 4 1000729493 NM 53.73 01-Apr-2005 180,000.00 179,146.82 4 1000746205 CA 85.00 01-Apr-2005 80,750.00 80,425.98 4 1000746857 CA 80.00 01-Mar-2005 212,000.00 210,700.52 4 1000761465 FL 90.00 01-Apr-2005 149,400.00 148,824.32 4 1000761820 MA 43.32 01-Mar-2005 159,000.00 158,062.46 4 1000821953 ME 75.00 01-Apr-2005 157,500.00 156,706.29 4 1000833334 CA 72.41 01-Mar-2005 210,000.00 209,041.11 4 1000835341 CA 80.00 01-Apr-2005 156,000.00 155,367.76 4 1000835350 CA 80.00 01-Mar-2005 316,000.00 315,995.12 4 1000847169 WI 77.50 01-Apr-2005 74,400.00 74,185.16 4 1000856103 FL 75.00 01-Apr-2005 231,000.00 229,902.32 4 1000873665 IL 90.00 01-Apr-2005 195,300.00 194,173.55 4 1000883529 NJ 80.00 01-Apr-2005 162,000.00 160,972.93 4 1000886606 CA 80.00 01-Apr-2005 244,000.00 242,779.95 4 1000896310 FL 80.00 01-Apr-2005 184,000.00 182,997.99 4 1000898577 NJ 85.00 01-Apr-2005 192,950.00 192,087.29 4 1000909690 NJ 95.00 01-Apr-2005 289,750.00 288,301.18 4 1000918742 IL 89.92 01-Apr-2005 232,000.00 230,736.62 4 1000925556 FL 90.00 01-Apr-2005 112,410.00 111,985.50 4 1000928553 CA 80.00 01-Apr-2005 200,000.00 198,846.43 4 1000938347 FL 80.00 01-Apr-2005 94,400.00 94,009.62 4 1000941431 AL 80.00 01-Apr-2005 123,920.00 123,322.40 4 1000942993 CA 90.00 01-Apr-2005 156,600.00 155,912.47 4 1000966734 MA 58.48 01-Apr-2005 200,000.00 199,237.12 4 1000973815 NM 80.00 01-Apr-2005 105,499.00 104,982.69 4 1000978286 CA 89.97 01-Apr-2005 296,000.00 294,537.16 4 1000978767 FL 95.00 01-Apr-2005 166,250.00 165,498.01 4 1000993786 CO 90.00 01-Apr-2005 218,250.00 217,291.63 4 1001006379 MD 80.00 01-Apr-2005 236,000.00 235,159.99 4 1001026614 AZ 85.00 01-Apr-2005 130,900.00 130,380.04 4 1001050784 IA 75.00 01-Apr-2005 105,000.00 104,741.33 4 1001052167 CO 80.00 01-Apr-2005 160,000.00 159,999.95 4 1001065634 CA 80.99 01-Apr-2005 213,000.00 212,006.04 4 1001069480 IL 90.00 01-Apr-2005 103,500.00 103,027.19 4 1001071681 AZ 95.00 01-Apr-2005 197,600.00 196,723.78 4 1001072083 NV 85.00 01-Apr-2005 222,700.00 221,978.96 4 1001073484 WA 70.00 01-Apr-2005 231,000.00 229,995.87 4 1001100855 OH 90.00 01-Apr-2005 82,440.00 82,092.22 4 1001132090 WI 100.00 01-Apr-2005 77,000.00 76,793.49

Prepayment Loan Detail - Prepayments during Current Period (continued) Current Loan PIF Months Loan Original Group Number Type Delinquent Rate Term Seasoning 1 0001984245 Loan Paid in Full 0 9.950% 360 7 1 0002016651 Loan Paid in Full 0 8.300% 360 5 1 0002022552 Loan Paid in Full 0 9.470% 360 6 1 0002022890 Loan Paid in Full 0 11.950% 360 6 1 0002042143 Loan Paid in Full 0 6.550% 360 5 1 0002058223 Loan Paid in Full (1) 8.700% 180 5 1 1000432268 Loan Paid in Full 0 5.990% 360 7 1 1000463652 Loan Paid in Full 0 6.800% 360 6 1 1000510174 Loan Paid in Full 0 10.500% 360 7 1 1000594020 Loan Paid in Full 0 6.390% 360 7 1 1000664043 Loan Paid in Full 0 6.850% 360 6 1 1000664212 Loan Paid in Full 0 7.400% 360 6 1 1000677538 Loan Paid in Full 0 10.000% 360 6 1 1000747632 Loan Paid in Full 0 9.990% 360 6 1 1000773693 Loan Paid in Full 0 9.750% 360 6 1 1000824184 Loan Paid in Full 0 11.900% 360 5 1 1000896445 Loan Paid in Full 0 10.950% 240 5 1 1000904579 Loan Paid in Full 0 10.700% 360 5 1 1000919741 Loan Paid in Full 0 7.150% 360 5 1 1000941734 Loan Paid in Full 0 12.250% 360 5 1 1000976377 Loan Paid in Full 0 11.050% 360 5 1 1001099965 Loan Paid in Full 0 9.990% 360 5 2 0001976934 Loan Paid in Full 0 5.300% 360 8 2 0002006229 Loan Paid in Full 0 6.500% 360 5 2 0002044372 Loan Paid in Full 0 9.500% 360 5 2 0002045715 Loan Paid in Full 0 7.050% 360 5 2 0002051274 Loan Paid in Full 0 6.800% 360 5 2 1000284711 Loan Paid in Full 0 6.650% 360 7 2 1000313075 Loan Paid in Full (1) 8.000% 360 7 2 1000473320 Loan Paid in Full 0 6.990% 360 6 2 1000490775 Loan Paid in Full 0 8.450% 360 7 2 1000567327 Loan Paid in Full 0 6.275% 360 6 2 1000573347 Loan Paid in Full 0 7.550% 360 5 2 1000607702 Loan Paid in Full 0 8.750% 360 5 2 1000620126 Loan Paid in Full 0 7.400% 360 5 2 1000663632 Loan Paid in Full 0 9.600% 360 6 2 1000673364 Loan Paid in Full 0 8.250% 360 6 2 1000693468 Loan Paid in Full (1) 7.000% 360 6 2 1000714356 Loan Paid in Full 0 6.500% 360 5 2 1000715989 Loan Paid in Full 0 5.450% 360 6 2 1000718389 Loan Paid in Full 0 8.450% 360 6 2 1000726511 Loan Paid in Full 0 6.750% 360 6 2 1000746330 Loan Paid in Full 0 5.850% 360 6 2 1000747035 Loan Paid in Full 0 8.425% 360 6 2 1000755515 Loan Paid in Full 0 8.200% 360 6 2 1000774914 Loan Paid in Full 0 8.950% 360 6 2 1000775502 Loan Paid in Full 0 5.480% 360 6 2 1000804213 Loan Paid in Full 0 9.050% 360 6 2 1000811900 Loan Paid in Full 1 9.150% 360 5 2 1000818690 Loan Paid in Full 0 9.100% 360 5 2 1000818912 Loan Paid in Full 0 7.650% 360 5 2 1000832950 Loan Paid in Full 0 5.400% 360 6 2 1000841968 Loan Paid in Full 1 9.300% 360 5 2 1000844910 Loan Paid in Full 0 7.400% 360 5 2 1000861197 Loan Paid in Full 1 7.950% 360 5 2 1000865987 Loan Paid in Full 0 6.500% 360 5 2 1000866370 Loan Paid in Full (1) 6.375% 360 5 2 1000904837 Loan Paid in Full 0 6.300% 360 5 2 1000912506 Loan Paid in Full 0 7.700% 360 5 2 1000914194 Loan Paid in Full 0 6.750% 360 5 2 1000922933 Loan Paid in Full (1) 6.875% 360 5 2 1000925592 Loan Paid in Full 0 8.500% 360 5 2 1000928385 Loan Paid in Full 0 6.500% 360 5 2 1000939523 Loan Paid in Full 0 7.500% 360 5 2 1000940263 Loan Paid in Full (1) 7.200% 360 5 2 1000940316 Loan Paid in Full 0 7.650% 360 5 2 1000940708 Loan Paid in Full 0 7.475% 360 5 2 1000940904 Loan Paid in Full 0 5.750% 360 5 2 1000949451 Loan Paid in Full 0 5.990% 360 5 2 1000960259 Loan Paid in Full 0 7.950% 360 5 2 1000961276 Loan Paid in Full 0 5.750% 360 5 2 1000964898 Loan Paid in Full 0 5.990% 360 5 2 1000967494 Loan Paid in Full 0 6.500% 360 5 2 1000971265 Loan Paid in Full 0 5.375% 360 5 2 1001001846 Loan Paid in Full 0 7.000% 360 5 2 1001015699 Loan Paid in Full 0 6.875% 360 5 2 1001017143 Loan Paid in Full 0 6.600% 360 6 2 1001024411 Loan Paid in Full 0 8.700% 360 5 2 1001057992 Loan Paid in Full 0 8.300% 360 5 2 1001071538 Loan Paid in Full 0 7.750% 360 5 2 1001075623 Loan Paid in Full 1 6.700% 360 5 2 1001079399 Loan Paid in Full 0 7.150% 360 5 2 1001102773 Loan Paid in Full 0 7.850% 360 5 3 0001986437 Loan Paid in Full 0 9.000% 360 7 3 0002047343 Loan Paid in Full 0 7.100% 360 5 3 0002057457 Loan Paid in Full (1) 6.700% 360 5 3 0002059478 Loan Paid in Full 0 6.500% 360 5 3 1000590337 Loan Paid in Full 0 6.000% 360 7 3 1000719191 Loan Paid in Full 0 7.350% 360 6 3 1000862917 Loan Paid in Full (1) 5.990% 360 5 3 1000881193 Loan Paid in Full 0 6.350% 360 5 3 1001050347 Loan Paid in Full 0 7.500% 360 5 4 0002000545 Loan Paid in Full 0 5.350% 360 6 4 0002025416 Loan Paid in Full 0 6.200% 360 5 4 0002029987 Loan Paid in Full 0 8.700% 360 6 4 0002031202 Loan Paid in Full 0 7.000% 360 5 4 0002034854 Loan Paid in Full 0 6.950% 360 5 4 0002040056 Loan Paid in Full 0 6.750% 360 5 4 0002041819 Loan Paid in Full 0 8.500% 360 5 4 0002045438 Loan Paid in Full 0 7.250% 360 5 4 0002056092 Loan Paid in Full 0 7.900% 360 5 4 0002059271 Loan Paid in Full 0 8.850% 360 5 4 1000098272 Loan Paid in Full 0 8.500% 360 5 4 1000336390 Loan Paid in Full (1) 6.950% 360 5 4 1000357465 Loan Paid in Full 0 9.200% 360 5 4 1000482276 Loan Paid in Full 0 7.800% 360 6 4 1000669912 Loan Paid in Full 0 5.850% 360 6 4 1000677583 Loan Paid in Full 0 7.500% 360 5 4 1000693930 Loan Paid in Full 0 8.350% 360 5 4 1000694261 Loan Paid in Full 0 8.600% 360 5 4 1000697794 Loan Paid in Full 0 7.200% 360 5 4 1000712580 Loan Paid in Full 0 8.550% 360 6 4 1000713437 Loan Paid in Full 0 9.350% 360 6 4 1000718539 Loan Paid in Full 0 9.750% 360 6 4 1000724988 Loan Paid in Full 0 6.900% 360 6 4 1000729493 Loan Paid in Full 0 7.263% 360 5 4 1000746205 Loan Paid in Full 0 8.100% 360 5 4 1000746857 Loan Paid in Full 0 6.750% 360 6 4 1000761465 Loan Paid in Full 0 8.300% 360 5 4 1000761820 Loan Paid in Full 0 6.950% 360 6 4 1000821953 Loan Paid in Full 0 6.950% 360 5 4 1000833334 Loan Paid in Full 0 8.240% 360 6 4 1000835341 Loan Paid in Full (1) 8.050% 360 5 4 1000835350 Loan Paid in Full 0 6.490% 360 6 4 1000847169 Loan Paid in Full 0 9.700% 360 5 4 1000856103 Loan Paid in Full 2 7.250% 360 5 4 1000873665 Loan Paid in Full 0 6.250% 360 5 4 1000883529 Loan Paid in Full 0 5.750% 360 5 4 1000886606 Loan Paid in Full 0 6.990% 360 5 4 1000896310 Loan Paid in Full 0 6.550% 360 5 4 1000898577 Loan Paid in Full 0 7.575% 360 5 4 1000909690 Loan Paid in Full 0 6.990% 360 5 4 1000918742 Loan Paid in Full 0 6.550% 360 5 4 1000925556 Loan Paid in Full 0 8.400% 360 5 4 1000928553 Loan Paid in Full 0 6.250% 360 5 4 1000938347 Loan Paid in Full (1) 7.950% 360 5 4 1000941431 Loan Paid in Full 0 7.175% 360 5 4 1000942993 Loan Paid in Full 0 7.650% 360 5 4 1000966734 Loan Paid in Full 0 8.350% 360 5 4 1000973815 Loan Paid in Full (1) 7.100% 360 5 4 1000978286 Loan Paid in Full 0 7.050% 360 5 4 1000978767 Loan Paid in Full 0 7.500% 360 5 4 1000993786 Loan Paid in Full 0 7.650% 360 5 4 1001006379 Loan Paid in Full 0 8.800% 360 5 4 1001026614 Loan Paid in Full 0 8.150% 360 5 4 1001050784 Loan Paid in Full 0 10.450% 360 5 4 1001052167 Loan Paid in Full 0 7.375% 360 5 4 1001065634 Loan Paid in Full 0 7.750% 360 5 4 1001069480 Loan Paid in Full 0 7.450% 360 5 4 1001071681 Loan Paid in Full (1) 7.600% 360 5 4 1001072083 Loan Paid in Full 0 9.150% 360 5 4 1001073484 Loan Paid in Full 0 7.700% 360 5 4 1001100855 Loan Paid in Full 0 7.850% 360 5 4 1001132090 Loan Paid in Full (1) 10.050% 360 5

Summary SMM CPR PSA Current Month 3.586% Current Month 35.482% Current Month 3,344.995% 3 Month Average 3.074% 3 Month Average 31.100% 3 Month Average 3,638.935% 12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CPR: Current vs 12mo Average* PSA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Oct-2004 N/A N/A Oct-2004 N/A N/A Nov-2004 N/A N/A Nov-2004 N/A N/A Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 N/A N/A May-2005 N/A N/A Jun-2005 14.244% N/A Jun-2005 3,083.799% N/A Jul-2005 24.476% N/A Jul-2005 3,700.084% N/A Aug-2005 33.343% N/A Aug-2005 3,871.725% N/A Sep-2005 35.482% N/A Sep-2005 3,344.995% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. 1 SMM CPR PSA Current Month 2.899% Current Month 29.741% Current Month 2,672.290% 3 Month Average 1.959% 3 Month Average 20.786% 3 Month Average 2,189.504% 12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CPR: Current vs 12mo Average* PSA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Oct-2004 N/A N/A Oct-2004 N/A N/A Nov-2004 N/A N/A Nov-2004 N/A N/A Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 N/A N/A May-2005 N/A N/A Jun-2005 6.797% N/A Jun-2005 1,316.114% N/A Jul-2005 10.883% N/A Jul-2005 1,519.211% N/A Aug-2005 21.732% N/A Aug-2005 2,377.011% N/A Sep-2005 29.741% N/A Sep-2005 2,672.290% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. 2 SMM CPR PSA Current Month 4.436% Current Month 41.988% Current Month 3,916.765% 3 Month Average 3.754% 3 Month Average 36.654% 3 Month Average 4,250.159% 12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CPR: Current vs 12mo Average* PSA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Oct-2004 N/A N/A Oct-2004 N/A N/A Nov-2004 N/A N/A Nov-2004 N/A N/A Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 N/A N/A May-2005 N/A N/A Jun-2005 14.825% N/A Jun-2005 3,140.992% N/A Jul-2005 30.371% N/A Jul-2005 4,521.980% N/A Aug-2005 37.604% N/A Aug-2005 4,311.731% N/A Sep-2005 41.988% N/A Sep-2005 3,916.765% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. 3 SMM CPR PSA Current Month 1.738% Current Month 18.978% Current Month 1,763.597% 3 Month Average 1.357% 3 Month Average 14.917% 3 Month Average 1,636.702% 12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CPR: Current vs 12mo Average* PSA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Oct-2004 N/A N/A Oct-2004 N/A N/A Nov-2004 N/A N/A Nov-2004 N/A N/A Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 N/A N/A May-2005 N/A N/A Jun-2005 5.524% N/A Jun-2005 1,159.142% N/A Jul-2005 6.119% N/A Jul-2005 903.893% N/A Aug-2005 19.655% N/A Aug-2005 2,242.617% N/A Sep-2005 18.978% N/A Sep-2005 1,763.597% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. 4 SMM CPR PSA Current Month 3.239% Current Month 32.641% Current Month 3,167.322% 3 Month Average 2.991% 3 Month Average 30.421% 3 Month Average 3,717.065% 12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CPR: Current vs 12mo Average* PSA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Oct-2004 N/A N/A Oct-2004 N/A N/A Nov-2004 N/A N/A Nov-2004 N/A N/A Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 N/A N/A May-2005 N/A N/A Jun-2005 17.197% N/A Jun-2005 3,973.035% N/A Jul-2005 24.525% N/A Jul-2005 3,880.916% N/A Aug-2005 34.097% N/A Aug-2005 4,102.958% N/A Sep-2005 32.641% N/A Sep-2005 3,167.322% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. Calculation Methodology: Single Month Mortality (SMM): (Partial and full prepayments + Repurchases) / (Beginning Scheduled Balance - Scheduled Principal) Conditional PrePayment Rate (CPR): 1 - ((1 - SMM)^12) PSA Standard Prepayment Model: 100 * CPR / (0.2 * MIN(30,WAS)) Weighted Average Seasoning (WAS): sum((Original Term - Remaining Term)*(Current Scheduled Balance/Deal Scheduled Principal Balance))

Realized Loss Detail Report - Loans with Losses during Current Period Summary # Loans Prior Realized Current with Principal Loss/(Gain) Loss Group Losses Balance Amount Percentage 1 0 0.00 0.00 0.000% 2 0 0.00 0.00 0.000% 3 0 0.00 0.00 0.000% 4 0 0.00 0.00 0.000% Total 0 0.00 0.00 0.000%

Realized Loss Report - Collateral Summary MDR SDA Current Month 0.000% Current Month 0.000% 3 Month Average 0.~~000~~013% 3 Month Average 01.~~000~~059% 12 Month Average 0.000% 12 Month Average 0.000% MDR: Current vs 12mo Average* SDA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. ~~Oct~~Jan-~~2004~~2005 N/A N/A ~~Oct~~Jan-~~2004~~2005 N/A N/A ~~Nov~~Feb-~~2004~~2005 N/A N/A ~~Nov~~Feb-~~2004~~2005 N/A N/A ~~Dec~~Mar-~~2004~~2005 N/A N/A ~~Dec~~Mar-~~2004~~2005 N/A N/A ~~Jan~~Apr-2005 N/A N/A ~~Jan~~Apr-2005 N/A N/A ~~Feb~~May-2005 N/A N/A ~~Feb~~May-2005 N/A N/A ~~Mar~~Jun-2005 ~~N/A~~0.000% N/A ~~Mar~~Jun-2005 ~~N/A~~0.000% N/A ~~Apr~~Jul-2005 ~~N/A~~0.000% N/A ~~Apr~~Jul-2005 ~~N/A~~0.000% N/A ~~May~~Aug-2005 ~~N/A~~0.000% N/A ~~May~~Aug-2005 ~~N/A~~0.000% N/A ~~Jun~~Sep-2005 0.000% N/A ~~Jun~~Sep-2005 0.000% N/A ~~Jul~~Oct-2005 0.000% N/A ~~Jul~~Oct-2005 0.000% N/A ~~Aug~~Nov-2005 0.~~000~~039% N/A ~~Aug~~Nov-2005 03.~~000~~176% N/A ~~Sep~~Dec-2005 0.000% N/A ~~Sep~~Dec-2005 0.000% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www. monthly bond remittance report can be viewed online at ~~www.~~ctslink.com. www.ctslink.com. CDR Loss Severity Approximation Current Month 0.000% Current Month 0.000% 3 Month Average 0.~~000~~155% 3 Month Average 01.~~000~~867% 12 Month Average 0.000% 12 Month Average 0.000% CDR: Current vs 12mo Average* Loss Severity: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. ~~Oct~~Jan-~~2004~~2005 N/A N/A ~~Oct~~Jan-~~2004~~2005 N/A N/A ~~Nov~~Feb-~~2004~~2005 N/A N/A ~~Nov~~Feb-~~2004~~2005 N/A N/A ~~Dec~~Mar-~~2004~~2005 N/A N/A ~~Dec~~Mar-~~2004~~2005 N/A N/A ~~Jan~~Apr-2005 N/A N/A ~~Jan~~Apr-2005 N/A N/A ~~Feb~~May-2005 N/A N/A ~~Feb~~May-2005 N/A N/A ~~Mar~~Jun-2005 ~~N/A~~0.000% N/A ~~Mar~~Jun-2005 ~~N/A~~0.000% N/A ~~Apr~~Jul-2005 ~~N/A~~0.000% N/A ~~Apr~~Jul-2005 ~~N/A~~0.000% N/A ~~May~~Aug-2005 ~~N/A~~0.000% N/A ~~May~~Aug-2005 ~~N/A~~0.000% N/A ~~Jun~~Sep-2005 0.000% N/A ~~Jun~~Sep-2005 0.000% N/A ~~Jul~~Oct-2005 0.000% N/A ~~Jul~~Oct-2005 0.000% N/A ~~Aug~~Nov-2005 0.~~000~~464% N/A ~~Aug~~Nov-2005 05.~~000~~601% N/A ~~Sep~~Dec-2005 0.000% N/A ~~Sep~~Dec-2005 0.000% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www. monthly bond remittance report can be viewed online at ~~www.~~ctslink.com. www.ctslink.com. Group 1 - Fixed MDR SDA Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% MDR: Current vs 12mo Average* SDA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. ~~Oct~~Jan-~~2004~~2005 N/A N/A ~~Oct~~Jan-~~2004~~2005 N/A N/A ~~Nov~~Feb-~~2004~~2005 N/A N/A ~~Nov~~Feb-~~2004~~2005 N/A N/A ~~Dec~~Mar-~~2004~~2005 N/A N/A ~~Dec~~Mar-~~2004~~2005 N/A N/A ~~Jan~~Apr-2005 N/A N/A ~~Jan~~Apr-2005 N/A N/A ~~Feb~~May-2005 N/A N/A ~~Feb~~May-2005 N/A N/A ~~Mar~~Jun-2005 ~~N/A~~0.000% N/A ~~Mar~~Jun-2005 ~~N/A~~0.000% N/A ~~Apr~~Jul-2005 ~~N/A~~0.000% N/A ~~Apr~~Jul-2005 ~~N/A~~0.000% N/A ~~May~~Aug-2005 ~~N/A~~0.000% N/A ~~May~~Aug-2005 ~~N/A~~0.000% N/A ~~Jun~~Sep-2005 0.000% N/A ~~Jun~~Sep-2005 0.000% N/A ~~Jul~~Oct-2005 0.000% N/A ~~Jul~~Oct-2005 0.000% N/A ~~Aug~~Nov-2005 0.000% N/A ~~Aug~~Nov-2005 0.000% N/A ~~Sep~~Dec-2005 0.000% N/A ~~Sep~~Dec-2005 0.000% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www. monthly bond remittance report can be viewed online at ~~www.~~ctslink.com. www.ctslink.com. CDR Loss Severity Approximation Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CDR: Current vs 12mo Average* Loss Severity: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. ~~Oct~~Jan-~~2004~~2005 N/A N/A ~~Oct~~Jan-~~2004~~2005 N/A N/A ~~Nov~~Feb-~~2004~~2005 N/A N/A ~~Nov~~Feb-~~2004~~2005 N/A N/A ~~Dec~~Mar-~~2004~~2005 N/A N/A ~~Dec~~Mar-~~2004~~2005 N/A N/A ~~Jan~~Apr-2005 N/A N/A ~~Jan~~Apr-2005 N/A N/A ~~Feb~~May-2005 N/A N/A ~~Feb~~May-2005 N/A N/A ~~Mar~~Jun-2005 ~~N/A~~0.000% N/A ~~Mar~~Jun-2005 ~~N/A~~0.000% N/A ~~Apr~~Jul-2005 ~~N/A~~0.000% N/A ~~Apr~~Jul-2005 ~~N/A~~0.000% N/A ~~May~~Aug-2005 ~~N/A~~0.000% N/A ~~May~~Aug-2005 ~~N/A~~0.000% N/A ~~Jun~~Sep-2005 0.000% N/A ~~Jun~~Sep-2005 0.000% N/A ~~Jul~~Oct-2005 0.000% N/A ~~Jul~~Oct-2005 0.000% N/A ~~Aug~~Nov-2005 0.000% N/A ~~Aug~~Nov-2005 0.000% N/A ~~Sep~~Dec-2005 0.000% N/A ~~Sep~~Dec-2005 0.000% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www. monthly bond remittance report can be viewed online at ~~www.~~ctslink.com. www.ctslink.com. 2Group 1 - ARM MDR SDA Current Month 0.000% Current Month 0.000% 3 Month Average 0.~~000~~031% 3 Month Average 02.~~000~~517% 12 Month Average 0.000% 12 Month Average 0.000% MDR: Current vs 12mo Average* SDA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. ~~Oct~~Jan-~~2004~~2005 N/A N/A ~~Oct~~Jan-~~2004~~2005 N/A N/A ~~Nov~~Feb-~~2004~~2005 N/A N/A ~~Nov~~Feb-~~2004~~2005 N/A N/A ~~Dec~~Mar-~~2004~~2005 N/A N/A ~~Dec~~Mar-~~2004~~2005 N/A N/A ~~Jan~~Apr-2005 N/A N/A ~~Jan~~Apr-2005 N/A N/A ~~Feb~~May-2005 N/A N/A ~~Feb~~May-2005 N/A N/A ~~Mar~~Jun-2005 ~~N/A~~0.000% N/A ~~Mar~~Jun-2005 ~~N/A~~0.000% N/A ~~Apr~~Jul-2005 ~~N/A~~0.000% N/A ~~Apr~~Jul-2005 ~~N/A~~0.000% N/A ~~May~~Aug-2005 ~~N/A~~0.000% N/A ~~May~~Aug-2005 ~~N/A~~0.000% N/A ~~Jun~~Sep-2005 0.000% N/A ~~Jun~~Sep-2005 0.000% N/A ~~Jul~~Oct-2005 0.000% N/A ~~Jul~~Oct-2005 0.000% N/A ~~Aug~~Nov-2005 0.~~000~~093% N/A ~~Aug~~Nov-2005 07.~~000~~551% N/A ~~Sep~~Dec-2005 0.000% N/A ~~Sep~~Dec-2005 0.000% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www. monthly bond remittance report can be viewed online at ~~www.~~ctslink.com. www.ctslink.com. CDR Loss Severity Approximation Current Month 0.000% Current Month 0.000% 3 Month Average 0.~~000~~370% 3 Month Average 01.~~000~~867% 12 Month Average 0.000% 12 Month Average 0.000% CDR: Current vs 12mo Average* Loss Severity: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. ~~Oct~~Jan-~~2004~~2005 N/A N/A ~~Oct~~Jan-~~2004~~2005 N/A N/A ~~Nov~~Feb-~~2004~~2005 N/A N/A ~~Nov~~Feb-~~2004~~2005 N/A N/A ~~Dec~~Mar-~~2004~~2005 N/A N/A ~~Dec~~Mar-~~2004~~2005 N/A N/A ~~Jan~~Apr-2005 N/A N/A ~~Jan~~Apr-2005 N/A N/A ~~Feb~~May-2005 N/A N/A ~~Feb~~May-2005 N/A N/A ~~Mar~~Jun-2005 ~~N/A~~0.000% N/A ~~Mar~~Jun-2005 ~~N/A~~0.000% N/A ~~Apr~~Jul-2005 ~~N/A~~0.000% N/A ~~Apr~~Jul-2005 ~~N/A~~0.000% N/A ~~May~~Aug-2005 ~~N/A~~0.000% N/A ~~May~~Aug-2005 ~~N/A~~0.000% N/A ~~Jun~~Sep-2005 0.000% N/A ~~Jun~~Sep-2005 0.000% N/A ~~Jul~~Oct-2005 0.000% N/A ~~Jul~~Oct-2005 0.000% N/A ~~Aug~~Nov-2005 01.~~000~~110% N/A ~~Aug~~Nov-2005 05.~~000~~601% N/A ~~Sep~~Dec-2005 0.000% N/A ~~Sep~~Dec-2005 0.000% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www. monthly bond remittance report can be viewed online at ~~www.~~ctslink.com. www.ctslink.com. 3Group 2 - Fixed MDR SDA Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% MDR: Current vs 12mo Average* SDA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. ~~Oct~~Jan-~~2004~~2005 N/A N/A ~~Oct~~Jan-~~2004~~2005 N/A N/A ~~Nov~~Feb-~~2004~~2005 N/A N/A ~~Nov~~Feb-~~2004~~2005 N/A N/A ~~Dec~~Mar-~~2004~~2005 N/A N/A ~~Dec~~Mar-~~2004~~2005 N/A N/A ~~Jan~~Apr-2005 N/A N/A ~~Jan~~Apr-2005 N/A N/A ~~Feb~~May-2005 N/A N/A ~~Feb~~May-2005 N/A N/A ~~Mar~~Jun-2005 ~~N/A~~0.000% N/A ~~Mar~~Jun-2005 ~~N/A~~0.000% N/A ~~Apr~~Jul-2005 ~~N/A~~0.000% N/A ~~Apr~~Jul-2005 ~~N/A~~0.000% N/A ~~May~~Aug-2005 ~~N/A~~0.000% N/A ~~May~~Aug-2005 ~~N/A~~0.000% N/A ~~Jun~~Sep-2005 0.000% N/A ~~Jun~~Sep-2005 0.000% N/A ~~Jul~~Oct-2005 0.000% N/A ~~Jul~~Oct-2005 0.000% N/A ~~Aug~~Nov-2005 0.000% N/A ~~Aug~~Nov-2005 0.000% N/A ~~Sep~~Dec-2005 0.000% N/A ~~Sep~~Dec-2005 0.000% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www. monthly bond remittance report can be viewed online at ~~www.~~ctslink.com. www.ctslink.com. CDR Loss Severity Approximation Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CDR: Current vs 12mo Average* Loss Severity: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. ~~Oct~~Jan-~~2004~~2005 N/A N/A ~~Oct~~Jan-~~2004~~2005 N/A N/A ~~Nov~~Feb-~~2004~~2005 N/A N/A ~~Nov~~Feb-~~2004~~2005 N/A N/A ~~Dec~~Mar-~~2004~~2005 N/A N/A ~~Dec~~Mar-~~2004~~2005 N/A N/A ~~Jan~~Apr-2005 N/A N/A ~~Jan~~Apr-2005 N/A N/A ~~Feb~~May-2005 N/A N/A ~~Feb~~May-2005 N/A N/A ~~Mar~~Jun-2005 ~~N/A~~0.000% N/A ~~Mar~~Jun-2005 ~~N/A~~0.000% N/A ~~Apr~~Jul-2005 ~~N/A~~0.000% N/A ~~Apr~~Jul-2005 ~~N/A~~0.000% N/A ~~May~~Aug-2005 ~~N/A~~0.000% N/A ~~May~~Aug-2005 ~~N/A~~0.000% N/A ~~Jun~~Sep-2005 0.000% N/A ~~Jun~~Sep-2005 0.000% N/A ~~Jul~~Oct-2005 0.000% N/A ~~Jul~~Oct-2005 0.000% N/A ~~Aug~~Nov-2005 0.000% N/A ~~Aug~~Nov-2005 0.000% N/A ~~Sep~~Dec-2005 0.000% N/A ~~Sep~~Dec-2005 0.000% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www. monthly bond remittance report can be viewed online at ~~www.~~ctslink.com. www.ctslink.com. 4Group 2 - ARM MDR SDA Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% MDR: Current vs 12mo Average* SDA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. ~~Oct~~Jan-~~2004~~2005 N/A N/A ~~Oct~~Jan-~~2004~~2005 N/A N/A ~~Nov~~Feb-~~2004~~2005 N/A N/A ~~Nov~~Feb-~~2004~~2005 N/A N/A ~~Dec~~Mar-~~2004~~2005 N/A N/A ~~Dec~~Mar-~~2004~~2005 N/A N/A ~~Jan~~Apr-2005 N/A N/A ~~Jan~~Apr-2005 N/A N/A ~~Feb~~May-2005 N/A N/A ~~Feb~~May-2005 N/A N/A ~~Mar~~Jun-2005 ~~N/A~~0.000% N/A ~~Mar~~Jun-2005 ~~N/A~~0.000% N/A ~~Apr~~Jul-2005 ~~N/A~~0.000% N/A ~~Apr~~Jul-2005 ~~N/A~~0.000% N/A ~~May~~Aug-2005 ~~N/A~~0.000% N/A ~~May~~Aug-2005 ~~N/A~~0.000% N/A ~~Jun~~Sep-2005 0.000% N/A ~~Jun~~Sep-2005 0.000% N/A ~~Jul~~Oct-2005 0.000% N/A ~~Jul~~Oct-2005 0.000% N/A ~~Aug~~Nov-2005 0.000% N/A ~~Aug~~Nov-2005 0.000% N/A ~~Sep~~Dec-2005 0.000% N/A ~~Sep~~Dec-2005 0.000% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www. monthly bond remittance report can be viewed online at ~~www.~~ctslink.com. www.ctslink.com. CDR Loss Severity Approximation Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CDR: Current vs 12mo Average* Loss Severity: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. ~~Oct~~Jan-~~2004~~2005 N/A N/A ~~Oct~~Jan-~~2004~~2005 N/A N/A ~~Nov~~Feb-~~2004~~2005 N/A N/A ~~Nov~~Feb-~~2004~~2005 N/A N/A ~~Dec~~Mar-~~2004~~2005 N/A N/A ~~Dec~~Mar-~~2004~~2005 N/A N/A ~~Jan~~Apr-2005 N/A N/A ~~Jan~~Apr-2005 N/A N/A ~~Feb~~May-2005 N/A N/A ~~Feb~~May-2005 N/A N/A ~~Mar~~Jun-2005 ~~N/A~~0.000% N/A ~~Mar~~Jun-2005 ~~N/A~~0.000% N/A ~~Apr~~Jul-2005 ~~N/A~~0.000% N/A ~~Apr~~Jul-2005 ~~N/A~~0.000% N/A ~~May~~Aug-2005 ~~N/A~~0.000% N/A ~~May~~Aug-2005 ~~N/A~~0.000% N/A ~~Jun~~Sep-2005 0.000% N/A ~~Jun~~Sep-2005 0.000% N/A ~~Jul~~Oct-2005 0.000% N/A ~~Jul~~Oct-2005 0.000% N/A ~~Aug~~Nov-2005 0.000% N/A ~~Aug~~Nov-2005 0.000% N/A ~~Sep~~Dec-2005 0.000% N/A ~~Sep~~Dec-2005 0.000% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www. monthly bond remittance report can be viewed online at ~~www.~~ctslink.com. www.ctslink.com. Calculation Methodology: Monthly Default Rate (MDR): sum(Beg Principal Balance of Liquidated Loans)/ sum(Beg Principal Balance). Conditional Default Rate (CDR): 1-((1-MDR)^12) SDA Standard Default Assumption: If WAS is less than or equal to 30 then CDR/(WAS*0.02) else if WAS is greater than 30 and less than or equal to 60 then CDR/0.6 else if WAS is greater than 60 and less than or equal to 120 then CDR/(0.6 - ((WAS-60)*0.0095)) else if WAS is greater than 120 then CDR/0.03 Loss Severity Approximation for current period: sum(Realized Loss Amount)/sum(Beg Principal Balance of Liquidated Loans)

Prepayment - Voluntary Prepayments

Filing Compare · Asset Backed Pass-Through Certificates, Series 2005-HE4