10-D 1 hbv06bu1_10d-200605.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D.C. 20549 FORM 10-D ASSET-BACKED ISSUER DISTRIBUTION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the monthly distribution period from: April 2, 2006 to May 1, 2006 Commission File Number of issuing entity: 333-127352-34 HarborView Mortgage Loan Trust 2006-BU1 (Exact name of issuing entity as specified in its charter) Commission File Number of depositor: 333-127352 Greenwich Capital Acceptance Inc. (Exact name of depositor as specified in its charter) Greenwich Capital Financial Products, Inc. (Exact name of sponsor as specified in its charter) New York (State or other jurisdiction of incorporation or organization of the issuing entity) 54-2196552 54-2196553 54-6708172 (I.R.S. Employer Identification No.) c/o Wells Fargo Bank, N.A. 9062 Old Annapolis Road Columbia, MD 21045 (Address of principal executive offices of the issuing entity) (Zip Code) (410) 884-2000 (Telephone number, including area code) Not Applicable (Former name, former address, if changed since last report) Registered/reporting pursuant to (check one) Title of Section Section Section Name of Exchange Class 12(b) 12(g) 15(d) (If Section 12(b)) 1A-1A _____ _____ __X___ ____________ 1A-1B _____ _____ __X___ ____________ 2A-1A _____ _____ __X___ ____________ 2A-1B _____ _____ __X___ ____________ 2A-1C _____ _____ __X___ ____________ C _____ _____ __X___ ____________ M-1 _____ _____ __X___ ____________ M-2 _____ _____ __X___ ____________ M-3 _____ _____ __X___ ____________ M-4 _____ _____ __X___ ____________ M-5 _____ _____ __X___ ____________ M-6 _____ _____ __X___ ____________ M-7 _____ _____ __X___ ____________ M-8 _____ _____ __X___ ____________ M-9 _____ _____ __X___ ____________ P _____ _____ __X___ ____________ R _____ _____ __X___ ____________ RII _____ _____ __X___ ____________ ES _____ _____ __X___ ____________

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes __X__ No ____ Part I - DISTRIBUTION INFORMATION Item 1. Distribution and Pool Performance Information On May 19, 2006 a distribution was made to holders of HarborView Mortgage Loan Trust 2006-BU1. The distribution report is attached as an Exhibit to this Form 10-D. Please see Item 9(b), Exhibit 99.1 for the related information. Part II - OTHER INFORMATION Item 7. Significant Enhancement Provider Information The unaudited condensed consolidated balance sheets as at March 31, 2006 and December 31, 2005, the unaudited condensed consolidated statement of operations and comprehensive income for the three months ended March 31, 2006 and March 31, 2005, the unaudited condensed consolidated statements of changes in shareholder's equity for the three months ended March 31, 2006 and for the year ended December 31, 2005, and the unaudited condensed consolidated statements of cash flows for the three months ended March 31, 2006 and March 31, 2005, all of XL Capital Assurance Inc. and its subsidiary, are incorporated herein by reference from Exhibit 99.1 in XL Capital Ltd's Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2006, as filed with the Commission on May 5, 2006. The unaudited condensed balance sheets as of March 31, 2006 and December 31, 2005, the unaudited condensed statements of income and comprehensive income for the three month periods ended March 31, 2006 and March 31, 2005, the unaudited condensed statements of changes in shareholders' equity for the three month period ended March 31, 2006 and for the year ended December 31, 2005, and the unaudited condensed statements of cash flows for the three month periods ended March 31, 2006 and March 31, 2005, all of XL Financial Assurance Ltd., are incorporated herein by reference from Exhibit 99.2 in XL Capital Ltd's Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2006, as filed with the Commission on May 5, 2006. Item 9. Exhibits. (a) The following is a list of documents filed as part of this Report on Form 10-D: (99.1) Monthly report distributed to holders of HarborView Mortgage Loan Trust 2006-BU1, relating to the May 19, 2006 distribution. (99.2) Copy of the unaudited condensed consolidated balance sheets as at March 31, 2006 and December 31, 2005, the unaudited condensed consolidated statement of operations and comprehensive income for the three months ended March 31, 2006 and March 31, 2005, the unaudited condensed consolidated statements of changes in shareholder's equity for the three months ended March 31, 2006 and for the year ended December 31, 2005, and the unaudited condensed consolidated statements of cash flows for the three months ended March 31, 2006 and March 31, 2005, all of XL Capital Assurance Inc. and its subsidiary, are incorporated herein by reference from Exhibit 99.1 in XL Capital Ltd's Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2006, as filed with the Commission on May 5, 2006. (99.3) Copy of the unaudited condensed balance sheets as of March 31, 2006 and December 31, 2005, the unaudited condensed statements of income and comprehensive income for the three month periods ended March 31, 2006 and March 31, 2005, the unaudited condensed statements of changes in shareholders' equity for the three month period ended March 31, 2006 and for the year ended December 31, 2005, and the unaudited condensed statements of cash flows for the three month periods ended March 31, 2006 and March 31, 2005, all of XL Financial Assurance Ltd., are incorporated herein by reference from Exhibit 99.2 in XL Capital Ltd's Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2006, as filed with the Commission on May 5, 2006. (b) The exhibits required to be filed by Registrant pursuant to Item 601 of Regulation S-K are listed above and in the Exhibit Index that immediately follows the signature page hereof. SIGNATURES 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 thereunto duly authorized. HarborView Mortgage Loan Trust 2006-BU1 (Issuing Entity) Wells Fargo Bank, N.A. (Master Servicer) /s/ Beth Belfield Beth Belfield, Officer Date: May 31, 2006 EXHIBIT INDEX Exhibit Number Description EX-99.1 Monthly report distributed to holders of HarborView Mortgage Loan Trust 2006-BU1, relating to the May 19, 2006 distribution. EX-99.2 Copy of the unaudited condensed consolidated balance sheets as at March 31, 2006 and December 31, 2005, the unaudited condensed consolidated statement of operations and comprehensive income for the three months ended March 31, 2006 and March 31, 2005, the unaudited condensed consolidated statements of changes in shareholder's equity for the three months ended March 31, 2006 and for the year ended December 31, 2005, and the unaudited condensed consolidated statements of cash flows for the three months ended March 31, 2006 and March 31, 2005, all of XL Capital Assurance Inc. and its subsidiary, are incorporated herein by reference from Exhibit 99.1 in XL Capital Ltd's Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2006, as filed with the Commission on May 5, 2006. EX-99.3 Copy of the unaudited condensed balance sheets as of March 31, 2006 and December 31, 2005, the unaudited condensed statements of income and comprehensive income for the three month periods ended March 31, 2006 and March 31, 2005, the unaudited condensed statements of changes in shareholders' equity for the three month period ended March 31, 2006 and for the year ended December 31, 2005, and the unaudited condensed statements of cash flows for the three month periods ended March 31, 2006 and March 31, 2005, all of XL Financial Assurance Ltd., are incorporated herein by reference from Exhibit 99.2 in XL Capital Ltd's Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2006, as filed with the Commission on May 5, 2006. EX-99.1 HarborView Mortgage Loan Trust Mortgage Loan Pass-Through Certificates Distribution Date: 5/19/2006 HarborView Mortgage Loan Trust Mortgage Loan Pass-Through Certificates Series 2006-BU1 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 Class CUSIP Certificate Beginning Interest Pass-Through Certificate Distribution Rate Balance 1A-1A 41161PG56 5.~~03250~~12000% ~~212~~210,~~112~~492,~~000~~292.0072 ~~593~~898,~~029~~100.8045 1A-1B 41161PG64 5.~~04250~~13000% 5352,~~028~~623,~~000~~073.0018 ~~148~~224,~~552~~963.0564 2A-1A 41161PG72 5.~~01250~~10000% ~~111~~109,~~032~~824,~~000~~264.0056 ~~309~~466,~~193~~753.2812 2A-1B 41161PG80 5.~~07250~~16000% 4645,~~263~~759,~~000~~780.0053 ~~130~~196,~~371~~767.7006 2A-1C 41161PG98 5.~~02250~~11000% 27,~~758~~456,~~000~~066.0014 77116,~~452~~917.5308 M-1 41161PH22 5.~~22250~~31000% 13,096,000.00 3757,~~996~~949.5980 M-2 41161PH30 5.~~25250~~34000% 8,154,000.00 2336,~~793~~285.8230 M-3 41161PH48 5.~~31250~~40000% 2,965,000.00 813,~~750~~342.8750 M-4 41161PH55 5.~~57250~~66000% 6,177,000.00 1929,~~122~~134.9685 M-5 41161PH63 5.~~62250~~71000% 2,224,000.00 610,~~946~~582.9153 M-6 41161PH71 5.~~77250~~86000% 1,730,000.00 58,~~548~~448.0117 M-7 41161PH89 6.~~57250~~66000% 2,965,000.00 1016,~~826~~455.3775 M-8 41161PH97 6.~~57250~~66000% 1,730,000.00 69,~~316~~601.9050 M-9 41161PJ20 6.~~57250~~66000% 2,718,000.00 915,~~924~~084.4790 CLASS C HBV06BU1C 0.00000% 2,~~194~~223,~~407~~659.8129 1677,~~331,889~~612.6834 CLASS P HBV06BU1P 0.00000% 100.00 70125,~~813~~138.6751 CLASS ES HBV06BU1E 0.00000% 0.00 1173,~~960~~339.1828 CLASS R HBV06BU1R 0.00000% 0.00 0.00 CLASS RII HBV06BU1RII 0.00000% 0.00 0.00 Totals ~~494~~490,~~146~~138,~~507~~236.8142 2,~~802~~976,~~489~~476.7978

Certificateholder Distribution Summary (continued) Class Principal Current Ending Total ~~Cummulative~~Cumulative Distribution Realized Certificate Distribution Realized Loss Balance Losses 1A-1A 12,~~619~~581,~~707~~797.2802 0.00 ~~210~~207,~~492~~910,~~292~~495.7269 23,~~212~~479,~~737~~897.0847 0.00 1A-1B ~~404~~645,~~926~~449.8226 0.00 5251,~~623~~977,~~073~~623.1892 ~~553~~870,~~478~~412.8790 0.00 2A-1A 1729,~~207,735~~116.4422 0.00 109,~~824~~095,~~264~~148.5634 1,~~516~~195,~~928~~869.7234 0.00 2A-1B ~~503~~303,~~219~~796.4724 0.00 45,~~759~~455,~~780~~984.5329 ~~633~~500,~~591~~563.1730 0.00 2A-1C ~~301~~182,~~933~~279.8605 0.00 27,~~456~~273,~~066~~787.1409 ~~379~~299,~~386~~196.3913 0.00 M-1 0.00 0.00 13,096,000.00 3757,~~996~~949.5980 0.00 M-2 0.00 0.00 8,154,000.00 2336,~~793~~285.8230 0.00 M-3 0.00 0.00 2,965,000.00 813,~~750~~342.8750 0.00 M-4 0.00 0.00 6,177,000.00 1929,~~122~~134.9685 0.00 M-5 0.00 0.00 2,224,000.00 610,~~946~~582.9153 0.00 M-6 0.00 0.00 1,730,000.00 58,~~548~~448.0117 0.00 M-7 0.00 0.00 2,965,000.00 1016,~~826~~455.3775 0.00 M-8 0.00 0.00 1,730,000.00 69,~~316~~601.9050 0.00 M-9 0.00 0.00 2,718,000.00 915,~~924~~084.4790 0.00 CLASS C 0.00 0.00 2,223,659.29 1677,~~331,889~~612.6834 0.00 CLASS P 0.00 0.00 100.00 70125,~~813~~138.6751 0.00 CLASS ES 0.00 0.00 0.00 1173,~~960~~339.1828 0.00 CLASS R 0.00 0.00 0.00 0.00 0.00 CLASS RII 0.00 0.00 0.00 0.00 0.00 Totals 4,~~037~~442,~~522~~437.8779 0.00 ~~490~~485,~~138~~695,~~236~~798.4262 67,~~840~~418,~~012~~914.6657 0.00 As Master Servicer, Wells Fargo Bank, N.A. has independently calculated collateral information based on loan level data received from external parties, which may include the Servicers, Issuer and other parties to the transaction. Wells Fargo Bank, N.A. expressly disclaims any responsibility for the accuracy or completeness of information furnished to it by those third parties.

Principal Distribution Statement Class Original Beginning Scheduled UnScheduled Accretion Realized Face Certificate Principal Principal Loss Amount Balance Distribution Distribution 1A-1A 212,112,000.00 ~~212~~210,~~112~~492,~~000~~292.0072 0.00 12,~~619~~581,~~707~~797.2802 0.00 0.00 1A-1B 53,028,000.00 5352,~~028~~623,~~000~~073.0018 0.00 ~~404~~645,~~926~~449.8226 0.00 0.00 2A-1A 111,032,000.00 ~~111~~109,~~032~~824,~~000~~264.0056 0.00 1729,~~207,735~~116.4422 0.00 0.00 2A-1B 46,263,000.00 4645,~~263~~759,~~000~~780.0053 0.00 ~~503~~303,~~219~~796.4724 0.00 0.00 2A-1C 27,758,000.00 27,~~758~~456,~~000~~066.0014 0.00 ~~301~~182,~~933~~279.8605 0.00 0.00 M-1 13,096,000.00 13,096,000.00 0.00 0.00 0.00 0.00 M-2 8,154,000.00 8,154,000.00 0.00 0.00 0.00 0.00 M-3 2,965,000.00 2,965,000.00 0.00 0.00 0.00 0.00 M-4 6,177,000.00 6,177,000.00 0.00 0.00 0.00 0.00 M-5 2,224,000.00 2,224,000.00 0.00 0.00 0.00 0.00 M-6 1,730,000.00 1,730,000.00 0.00 0.00 0.00 0.00 M-7 2,965,000.00 2,965,000.00 0.00 0.00 0.00 0.00 M-8 1,730,000.00 1,730,000.00 0.00 0.00 0.00 0.00 M-9 2,718,000.00 2,718,000.00 0.00 0.00 0.00 0.00 CLASS C 2,194,407.81 2,~~194~~223,~~407~~659.8129 0.00 0.00 0.00 0.00 CLASS P 100.00 100.00 0.00 0.00 0.00 0.00 CLASS ES 0.00 0.00 0.00 0.00 0.00 0.00 CLASS R 0.00 0.00 0.00 0.00 0.00 0.00 CLASS RII 0.00 0.00 0.00 0.00 0.00 0.00 Totals 494,146,507.81 ~~494~~490,~~146~~138,~~507~~236.8142 0.00 4,~~037~~442,~~522~~437.8779 0.00 0.00

Principal Distribution Statement (continued) Class Total Ending Ending Total Principal Certificate Certificate Principal Reduction Balance Percentage Distribution 1A-1A 12,~~619~~581,~~707~~797.2802 ~~210~~207,~~492~~910,~~292~~495.7269 0.~~99236391~~98019205 12,~~619~~581,~~707~~797.2802 1A-1B ~~404~~645,~~926~~449.8226 5251,~~623~~977,~~073~~623.1892 0.~~99236391~~98019205 ~~404~~645,~~926~~449.8226 2A-1A 1729,~~207,735~~116.4422 109,~~824~~095,~~264~~148.5634 0.~~98912264~~98255591 1729,~~207,735~~116.4422 2A-1B ~~503~~303,~~219~~796.4724 45,~~759~~455,~~780~~984.5329 0.~~98912264~~98255591 ~~503~~303,~~219~~796.4724 2A-1C ~~301~~182,~~933~~279.8605 27,~~456~~273,~~066~~787.1409 0.~~98912264~~98255592 ~~301~~182,~~933~~279.8605 M-1 0.00 13,096,000.00 1.00000000 0.00 M-2 0.00 8,154,000.00 1.00000000 0.00 M-3 0.00 2,965,000.00 1.00000000 0.00 M-4 0.00 6,177,000.00 1.00000000 0.00 M-5 0.00 2,224,000.00 1.00000000 0.00 M-6 0.00 1,730,000.00 1.00000000 0.00 M-7 0.00 2,965,000.00 1.00000000 0.00 M-8 0.00 1,730,000.00 1.00000000 0.00 M-9 0.00 2,718,000.00 1.00000000 0.00 CLASS C 0.00 2,223,659.29 1.01333001 0.00 CLASS P 0.00 100.00 1.00000000 0.00 CLASS ES 0.00 0.00 0.00000000 0.00 CLASS R 0.00 0.00 0.00000000 0.00 CLASS RII 0.00 0.00 0.00000000 0.00 Totals 4,~~037~~442,~~522~~437.8779 ~~490~~485,~~138~~695,~~236~~798.4262 0.~~99188850~~98289837 4,~~037~~442,~~522~~437.8779

Principal Distribution Factors Statement Class Original Beginning Scheduled UnScheduled Accretion Face Certificate Principal Principal Amount Balance Distribution Distribution 1A-1A 212,112,000.00 ~~1000~~992.~~00000000~~36390548 0.00000000 712.~~63609452~~17185741 0.00000000 1A-1B 53,028,000.00 ~~1000~~992.~~00000000~~36390548 0.00000000 712.~~63609452~~17185751 0.00000000 2A-1A 111,032,000.00 ~~1000~~989.~~00000000~~12263636 0.00000000 106.~~87736364~~56672149 0.00000000 2A-1B 46,263,000.00 ~~1000~~989.~~00000000~~12263645 0.00000000 106.~~87736355~~56672157 0.00000000 2A-1C 27,758,000.00 ~~1000~~989.~~00000000~~12263636 0.00000000 106.~~87736364~~56672131 0.00000000 M-1 13,096,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-2 8,154,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-3 2,965,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-4 6,177,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-5 2,224,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-6 1,730,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-7 2,965,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-8 1,730,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-9 2,718,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 CLASS C 2,194,407.81 ~~1000~~1013.~~00000000~~33001089 0.00000000 0.00000000 0.00000000 CLASS P 100.00 1000.00000000 0.00000000 0.00000000 0.00000000 CLASS ES 0.00 0.00000000 0.00000000 0.00000000 0.00000000 CLASS R 0.00 0.00000000 0.00000000 0.00000000 0.00000000 CLASS RII 0.00 0.00000000 0.00000000 0.00000000 0.00000000

Principal Distribution Factors Statement (continued) Class Realized Total Ending Ending Total Loss Principal Certificate Certificate Principal Reduction Balance Percentage Distribution 1A-1A 0.00000000 712.~~63609452~~17185741 ~~992~~980.~~36390548~~19204802 0.~~99236391~~98019205 712.~~63609452~~17185741 1A-1B 0.00000000 712.~~63609452~~17185751 ~~992~~980.~~36390548~~19204797 0.~~99236391~~98019205 712.~~63609452~~17185751 2A-1A 0.00000000 106.~~87736364~~56672149 ~~989~~982.~~12263636~~55591487 0.~~98912264~~98255591 106.~~87736364~~56672149 2A-1B 0.00000000 106.~~87736355~~56672157 ~~989~~982.~~12263645~~55591488 0.~~98912264~~98255591 106.~~87736355~~56672157 2A-1C 0.00000000 106.~~87736364~~56672131 ~~989~~982.~~12263636~~55591505 0.~~98912264~~98255592 106.~~87736364~~56672131 M-1 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 M-2 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 M-3 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 M-4 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 M-5 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 M-6 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 M-7 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 M-8 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 M-9 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 CLASS C 0.00000000 0.00000000 1013.33001089 1.01333001 0.00000000 CLASS P 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 CLASS ES 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 CLASS R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 CLASS RII 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 NOTE: All Classes per $1,000 denomination

Interest Distribution Statement Class Accrual Accrual Current Beginning Current Payment of Dates Days Certificate Certificate/ Accrued Unpaid Interest Rate Notional Interest Shortfall (1) Balance 1A-1A 0304/3019/06 - 0405/18/06 2030 5.~~03250~~12000% ~~212~~210,~~112~~492,~~000~~292.0072 ~~593~~898,~~029~~100.8045 0.00 1A-1B 0304/3019/06 - 0405/18/06 2030 5.~~04250~~13000% 5352,~~028~~623,~~000~~073.0018 ~~148~~224,~~552~~963.0564 0.00 2A-1A 0304/3019/06 - 0405/18/06 2030 5.~~01250~~10000% ~~111~~109,~~032~~824,~~000~~264.0056 ~~309~~466,~~193~~753.2812 0.00 2A-1B 0304/3019/06 - 0405/18/06 2030 5.~~07250~~16000% 4645,~~263~~759,~~000~~780.0053 ~~130~~196,~~371~~767.7006 0.00 2A-1C 0304/3019/06 - 0405/18/06 2030 5.~~02250~~11000% 27,~~758~~456,~~000~~066.0014 77116,~~452~~917.5308 0.00 M-1 0304/3019/06 - 0405/18/06 2030 5.~~22250~~31000% 13,096,000.00 3757,~~996~~949.5980 0.00 M-2 0304/3019/06 - 0405/18/06 2030 5.~~25250~~34000% 8,154,000.00 2336,~~793~~285.8330 0.00 M-3 0304/3019/06 - 0405/18/06 2030 5.~~31250~~40000% 2,965,000.00 813,~~750~~342.8750 0.00 M-4 0304/3019/06 - 0405/18/06 2030 5.~~57250~~66000% 6,177,000.00 1929,~~122~~134.9685 0.00 M-5 0304/3019/06 - 0405/18/06 2030 5.~~62250~~71000% 2,224,000.00 610,~~946~~582.9153 0.00 M-6 0304/3019/06 - 0405/18/06 2030 5.~~77250~~86000% 1,730,000.00 58,~~548~~448.0117 0.00 M-7 0304/3019/06 - 0405/18/06 2030 6.~~57250~~66000% 2,965,000.00 1016,~~826~~455.3775 0.00 M-8 0304/3019/06 - 0405/18/06 2030 6.~~57250~~66000% 1,730,000.00 69,~~316~~601.9050 0.00 M-9 0304/3019/06 - 0405/18/06 2030 6.~~57250~~66000% 2,718,000.00 915,~~924~~084.4890 0.00 CLASS C N/A N/A 0.00000% ~~494~~490,~~146~~138,~~507~~236.8141 0.00 0.00 CLASS P N/A N/A 0.00000% 100.00 0.00 0.00 CLASS ES N/A N/A 0.00000% 0.00 0.00 0.00 CLASS R N/A N/A 0.00000% 0.00 0.00 0.00 CLASS RII N/A N/A 0.00000% 0.00 0.00 0.00 Totals 12,~~387~~100,~~826~~386.2865 0.00

Interest Distribution Statement (continued) Class Current Non-Supported Total Remaining Ending Interest Interest Interest Unpaid Interest Certificate/ Shortfall(1) Shortfall Distribution Shortfall(1) Notional Balance 1A-1A 0.00 0.00 ~~593~~898,~~029~~100.8045 0.00 ~~210~~207,~~492~~910,~~292~~495.7269 1A-1B 0.00 0.00 ~~148~~224,~~552~~963.0564 0.00 5251,~~623~~977,~~073~~623.1892 2A-1A 0.00 0.00 ~~309~~466,~~193~~753.2812 0.00 109,~~824~~095,~~264~~148.5634 2A-1B 0.00 0.00 ~~130~~196,~~371~~767.7006 0.00 45,~~759~~455,~~780~~984.5329 2A-1C 0.00 0.00 77116,~~452~~917.5308 0.00 27,~~456~~273,~~066~~787.1409 M-1 0.00 0.00 3757,~~996~~949.5980 0.00 13,096,000.00 M-2 0.00 0.00 2336,~~793~~285.8230 0.00 8,154,000.00 M-3 0.00 0.00 813,~~750~~342.8750 0.00 2,965,000.00 M-4 0.00 0.00 1929,~~122~~134.9685 0.00 6,177,000.00 M-5 0.00 0.00 610,~~946~~582.9153 0.00 2,224,000.00 M-6 0.00 0.00 58,~~548~~448.0117 0.00 1,730,000.00 M-7 0.00 0.00 1016,~~826~~455.3775 0.00 2,965,000.00 M-8 0.00 0.00 69,~~316~~601.9050 0.00 1,730,000.00 M-9 0.00 0.00 915,~~924~~084.4790 0.00 2,718,000.00 CLASS C 0.00 0.00 1677,~~331,889~~612.6834 0.00 ~~490~~485,~~138~~695,~~236~~798.4162 CLASS P 0.00 0.00 70125,~~813~~138.6751 0.00 100.00 CLASS ES 0.00 0.00 1173,~~960~~339.1828 0.00 0.00 CLASS R 0.00 0.00 0.00 0.00 0.00 CLASS RII 0.00 0.00 0.00 0.00 0.00 Totals 0.00 0.00 2,~~802~~976,~~489~~476.7978 0.00 (1) Amount also includes Coupon Cap or Basis Risk Shortfalls,if applicable.

Interest Distribution Factors Statement Class Original Current Beginning Current Payment of Face Certificate Certificate/ Accrued Unpaid Interest Amount Rate Notional Interest Shortfall (1) Balance 1A-1A 212,112,000.00 5.~~03250~~12000% ~~1000~~992.~~00000000~~36390548 24.~~79583333~~23408600 0.00000000 1A-1B 53,028,000.00 5.~~04250~~13000% ~~1000~~992.~~00000000~~36390548 24.~~80138889~~24235574 0.00000000 2A-1A 111,032,000.00 5.~~01250~~10000% ~~1000~~989.~~00000000~~12263636 24.~~78472224~~20377117 0.00000000 2A-1B 46,263,000.00 5.~~07250~~16000% ~~1000~~989.~~00000000~~12263645 24.~~81805547~~25322742 0.00000000 2A-1C 27,758,000.00 5.~~02250~~11000% ~~1000~~989.~~00000000~~12263636 24.~~79027776~~21201383 0.00000000 M-1 13,096,000.00 5.~~22250~~31000% 1000.00000000 24.~~90138897~~42500000 0.00000000 M-2 8,154,000.00 5.~~25250~~34000% 1000.00000000 24.~~91805617~~45000000 0.00000000 M-3 2,965,000.00 5.~~31250~~40000% 1000.00000000 24.~~95138954~~50000000 0.00000000 M-4 6,177,000.00 5.~~57250~~66000% 1000.00000000 34.~~09583293~~71666667 0.00000000 M-5 2,224,000.00 5.~~62250~~71000% 1000.00000000 34.~~12361061~~75833183 0.00000000 M-6 1,730,000.00 5.~~77250~~86000% 1000.00000000 34.~~20694220~~88333526 0.00000000 M-7 2,965,000.00 6.~~57250~~66000% 1000.00000000 35.~~65138954~~55000000 0.00000000 M-8 1,730,000.00 6.~~57250~~66000% 1000.00000000 35.~~65138728~~55000000 0.00000000 M-9 2,718,000.00 6.~~57250~~66000% 1000.00000000 35.~~65139073~~55000000 0.00000000 CLASS C 2,194,407.81 0.00000% ~~225184~~223357.~~44637235~~86182332 0.00000000 0.00000000 CLASS P 100.00 0.00000% 1000.00000000 0.00000000 0.00000000 CLASS ES 0.00 0.00000% 0.00000000 0.00000000 0.00000000 CLASS R 0.00 0.00000% 0.00000000 0.00000000 0.00000000 CLASS RII 0.00 0.00000% 0.00000000 0.00000000 0.00000000

Interest Distribution Factors Statement (continued) Class Current Non-Supported Total Remaining Unpaid Ending Interest Interest Interest Interest Certificate/ Shortfall(1) Shortfall Distribution Shortfall(1) Notional Balance 1A-1A 0.00000000 0.00000000 24.~~79583333~~23408600 0.00000000 ~~992~~980.~~36390548~~19204802 1A-1B 0.00000000 0.00000000 24.~~80138889~~24235574 0.00000000 ~~992~~980.~~36390548~~19204797 2A-1A 0.00000000 0.00000000 24.~~78472224~~20377117 0.00000000 ~~989~~982.~~12263636~~55591487 2A-1B 0.00000000 0.00000000 24.~~81805547~~25322742 0.00000000 ~~989~~982.~~12263645~~55591488 2A-1C 0.00000000 0.00000000 24.~~79027776~~21201383 0.00000000 ~~989~~982.~~12263636~~55591505 M-1 0.00000000 0.00000000 24.~~90138897~~42500000 0.00000000 1000.00000000 M-2 0.00000000 0.00000000 24.~~91805494~~45000000 0.00000000 1000.00000000 M-3 0.00000000 0.00000000 24.~~95138954~~50000000 0.00000000 1000.00000000 M-4 0.00000000 0.00000000 34.~~09583293~~71666667 0.00000000 1000.00000000 M-5 0.00000000 0.00000000 34.~~12361061~~75833183 0.00000000 1000.00000000 M-6 0.00000000 0.00000000 34.~~20694220~~88333526 0.00000000 1000.00000000 M-7 0.00000000 0.00000000 35.~~65138954~~55000000 0.00000000 1000.00000000 M-8 0.00000000 0.00000000 35.~~65138728~~55000000 0.00000000 1000.00000000 M-9 0.00000000 0.00000000 35.~~65138705~~55000000 0.00000000 1000.00000000 CLASS C 0.00000000 0.00000000 ~~606~~308.~~94720185~~79052513 0.00000000 ~~223357~~221333.~~86182332~~42599615 CLASS P 0.00000000 0.00000000 ~~708136~~1251385.~~70000000~~10000000 0.00000000 1000.00000000 CLASS ES 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 CLASS R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 CLASS RII 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 (1) Amount also includes Coupon Cap or Basis Risk Shortfalls,if applicable. NOTE: All Classes per $1,000 denomination

CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 67,~~908~~435,~~667~~281.3294 Reserve Funds and Credit Enhancements 0.00 Proceeds from Repurchased Loans 0.00 Servicer Advances 2549,~~675~~306.2022 Gains & Subsequent Recoveries (Realized Losses) 0.00 Prepayment Penalties 70125,~~813~~138.6751 Total Deposits 7,~~005~~609,~~156~~726.1967 Withdrawals Reserve Funds and Credit Enhancements 0.00 Reimbursement for Servicer Advances 025,675.0020 Total Administration Fees 165,~~143~~136.5390 Payment of Interest and Principal 67,~~840~~418,~~012~~914.6657 Total Withdrawals (Pool Distribution Amount) 7,~~005~~609,~~156~~726.1967 Ending Balance 0.00 Servicer Advances are calculated as delinquent scheduled principal and interest.

ADMINISTRATION FEES Gross Servicing Fee* ~~154~~153,~~420~~168.7820 Class 1A-1B & 2A-1C Premium- XL Capital Assurance 24,~~692~~003.8796 Credit Risk Manager Fee-Clayton Fixed Income 2,~~058~~042.9424 Master Servicing Fee-Wells Fargo Bank, N.A. 5,~~970~~922.9450 Supported Prepayment/Curtailment Interest Shortfall 0.00 Total Administration Fees 165,~~143~~136.5390 *Servicer Payees include: CENTRAL MORTGAGE

Reserve and Guaranty Funds Account Name Beginning Current Current Ending Balance Withdrawals Deposits Balance Insurance Policy-XL Capital 0.00 0.00 0.00 0.00 ~~Capital~~ Basis Risk Reserve Fund 01,000.00 0.00 ~~1,000~~0.00 1,000.00

COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Gross Coupon 7.~~079142~~205647% Weighted Average Net Coupon 6.~~704142~~830647% Weighted Average Pass-Through Rate 6.~~684642~~811147% Weighted Average Remaining Term ~~405~~404 Beginning Scheduled Collateral Loan Count 1,~~843~~825 Number Of Loans Paid In Full 1821 Ending Scheduled Collateral Loan Count 1,~~825~~804 Beginning Scheduled Collateral Balance ~~494~~490,~~146~~138,~~507~~236.8141 Ending Scheduled Collateral Balance ~~490~~485,~~138~~695,~~236~~798.4162 Ending Actual Collateral Balance at 3101-~~Mar~~May-2006 ~~488~~484,~~940~~464,~~202~~389.4302 Monthly P&I Constant 1,~~483~~466,~~489~~493.9812 Special Servicing Fee 0.00 Prepayment Penalty Waived Amount 0.00 Prepayment Penalty Waived Count 0 Prepayment Penalty Paid Amount 70125,~~813~~138.6751 Prepayment Penalty Paid Count * Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Scheduled Principal ~~980~~492.9245 Unscheduled Principal 5,~~439~~919,~~892~~080.4540 * This data is currently not provided for reporting.

Group Level Collateral Statement Group 1 2 Collateral Description Mixed ARM Mixed ARM Weighted Average Coupon Rate 7.~~164116~~290005 67.~~957403~~084431 Weighted Average Net Rate 6.~~789116~~915005 6.~~582403~~709431 Pass-Through Rate 6.~~769616~~895505 6.~~562903~~689931 Weighted Average Remaining Term ~~405~~404 ~~405~~404 Record Date 0305/3101/2006 0305/3101/2006 Principal And Interest Constant ~~875~~866,~~575~~505.7150 ~~607~~599,~~914~~987.2762 Beginning Loan Count 1,~~278~~266 ~~565~~559 Loans Paid in Full 1216 65 Ending Loan Count 1,~~266~~250 ~~559~~554 Beginning Scheduled Balance ~~291~~289,~~016~~006,~~649~~683.0422 ~~203~~201,~~129~~131,~~858~~553.7719 Ending Scheduled Balance ~~289~~285,~~006~~779,~~683~~436.2294 ~~201~~199,~~131~~916,~~553~~361.1968 Scheduled Principal 166.6940 ~~964~~486.2305 Unscheduled Principal 24,~~871~~116,~~787~~457.6361 21,~~568~~802,~~104~~622.8279 Scheduled Interest 1,~~737~~755,~~397~~716.5283 1,~~177~~187,~~713~~418.5190 Servicing Fees 90,~~942~~314.7059 6362,~~478~~853.0861 Master Servicing Fees 3,~~516~~492.4516 2,~~454~~430.4934 Trustee Fee 0.00 0.00 FRY Amount 0.00 0.00 Special Hazard Fee 0.00 0.00 Other Fee 1,~~212~~204.5719 ~~846~~838.3705 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,~~641~~660,~~725~~705.8089 1,~~110~~121,~~934~~296.5790 Realized Loss Amount 0.00 0.00 Cumulative Realized Loss 0.00 0.00 Percentage of Cumulative Losses 0.0000 0.0000 Prepayment Penalty Waived Amount 0.00 0.00 Prepayment Penalty Waived Count 0 0 Prepayment Penalty Paid Amount 37104,~~035~~219.5451 3320,~~778~~919.1300 Prepayment Penalty Paid Count * * Special Servicing Fee 0.00 0.00 * This data is currently not provided for reporting.

Group Level Collateral Statement Group Total Collateral Description Mixed ARM Weighted Average Coupon Rate 7.~~079142~~205647 Weighted Average Net Rate 6.~~704142~~830647 Pass-Through Rate 6.~~684642~~811147 Weighted Average Remaining Term ~~405~~404 Record Date 0305/3101/2006 Principal And Interest Constant 1,~~483~~466,~~489~~493.9812 Beginning Loan Count 1,~~843~~825 Loans Paid in Full 1821 Ending Loan Count 1,~~825~~804 Beginning Scheduled Balance ~~494~~490,~~146~~138,~~507~~236.8141 Ending Scheduled Balance ~~490~~485,~~138~~695,~~236~~798.4162 Scheduled Principal ~~980~~492.9245 Unscheduled Principal 5,~~439~~919,~~892~~080.4540 Scheduled Interest 2,~~915~~943,~~111~~135.0373 Servicing Fees ~~154~~153,~~420~~168.7820 Master Servicing Fees 5,~~970~~922.9450 Trustee Fee 0.00 FRY Amount 0.00 Special Hazard Fee 0.00 Other Fee 2,~~058~~042.9424 Pool Insurance Fee 0.00 Spread 1 0.00 Spread 2 0.00 Spread 3 0.00 Net Interest 2,~~752~~782,~~660~~002.3779 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Percentage of Cumulative Losses 0.0000 Prepayment Penalty Waived Amount 0.00 Prepayment Penalty Waived Count 0 Prepayment Penalty Paid Amount 70125,~~813~~138.6751 Prepayment Penalty Paid Count * Special Servicing Fee 0.00 * This data is currently not provided for reporting.

Additional Reporting - Deal Level Informational Reporting Count of Neg Am Loans ~~1655~~1618 Principal Balance of Neg Am Loans ~~447~~439,~~778~~805,~~636~~426.93 Subservicing Fee 89,~~889~~292.2500 ES Payment Shortfall 7613,~~273~~452.3123 Structural Reporting Excess Cash 1681,~~364,834~~616.0230 Overcollateralization Amount 2,223,659.29 Overcollateralization Deficiency Amount 0.00 Overcollateralization Increase Amount 291,~~251~~232,743.4898 Overcollateralization Release Amount 0.00 Senior Enhancement Percentage 8.~~894813~~973521% Overcollateralization Target Amount 2,223,659.29 Trigger Event Reporting Cumulative Loss Trigger Trigger Result Pass Threshold Value 0.200000% Calculated Value 0.000000% Delinquency Trigger Trigger Result Pass Threshold Value 2.~~798308~~823070% Calculated Value 0.~~426069~~394874% Trigger Event Trigger Result Pass

Additional Reporting - Group Level Informational Reporting 1 Available Funds 24,~~956~~244,~~970~~271.5534 Principal Balance of MTA Mortgage Loans ~~289~~285,~~006~~779,~~683~~436.2294 ~~Deferred Interest 861,838.50 Net Deferred Interest 0.00~~ Class M-1 Apportioned Principal Balance 7,709,218.28 Class M-2 Apportioned Principal Balance 4,800,012.66 Class M-3 Apportioned Principal Balance 1,745,405.63 Class M-4 Apportioned Principal Balance 3,636,212.68 Class M-5 Apportioned Principal Balance 1,309,201.39 Class M-6 Apportioned Principal Balance 1,018,398.57 Class M-7 Apportioned Principal Balance 1,745,405.63 Class M-8 Apportioned Principal Balance 1,018,398.57 Class M-9 Apportioned Principal Balance 1,600,004.22 Deferred Interest 889,217.73 Net Deferred Interest 0.00 2 Available Funds 21,~~660~~868,~~766~~559.3798 Principal Balance of MTA Mortgage Loans ~~201~~199,~~131~~916,~~553~~361.1968 ~~Deferred Interest 570,763.47 Net Deferred Interest 0.00~~ Class M-1 Apportioned Principal Balance 5,386,781.72 Class M-2 Apportioned Principal Balance 3,353,987.34 Class M-3 Apportioned Principal Balance 1,219,594.37 Class M-4 Apportioned Principal Balance 2,540,787.32 Class M-5 Apportioned Principal Balance 914,798.61 Class M-6 Apportioned Principal Balance 711,601.43 Class M-7 Apportioned Principal Balance 1,219,594.37 Class M-8 Apportioned Principal Balance 711,601.43 Class M-9 Apportioned Principal Balance 1,117,995.78 Deferred Interest 587,917.33 Net Deferred Interest 0.00

LOAN STATUS STRATIFICATION/CREDIT ENHANCEMENT STATEMENT DELINQUENT BANKRUPTCY FORECLOSURE REO Total No. of Loans No. of Loans No. of Loans No. of Loans No. of Loans Actual Balance Actual Balance Actual Balance Actual Balance Actual Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 2562 0 0 0 2562 716,~~533~~059,~~427~~021.8323 0.00 0.00 0.00 716,~~533~~059,~~427~~021.8323 60 Days 65 0 0 0 65 21,~~087~~408,~~880~~997.2118 0.00 0.00 0.00 21,~~087~~408,~~880~~997.2118 90 Days 01 0 0 0 01 0342,187.0099 0.00 0.00 0.00 0342,187.0099 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 3168 0 0 0 3168 917,~~621~~810,~~308~~206.0440 0.00 0.00 0.00 917,~~621~~810,~~308~~206.0440 No. of Loans No. of Loans No. of Loans No. of Loans No. of Loans Actual Balance Actual Balance Actual Balance Actual Balance Actual Balance 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 13.~~369863~~436807% 0.000000% 0.000000% 0.000000% 13.~~369863~~436807% 13.~~540767~~314799% 0.000000% 0.000000% 0.000000% 13.~~540767~~314799% 60 Days 0.~~328767~~277162% 0.000000% 0.000000% 0.000000% 0.~~328767~~277162% 0.~~427022~~290836% 0.000000% 0.000000% 0.000000% 0.~~427022~~290836% 90 Days 0.~~000000~~055432% 0.000000% 0.000000% 0.000000% 0.~~000000~~055432% 0.~~000000~~070632% 0.000000% 0.000000% 0.000000% 0.~~000000~~070632% 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 13.~~698630~~769401% 0.000000% 0.000000% 0.000000% 13.~~698630~~769401% 13.~~967788~~676267% 0.000000% 0.000000% 0.000000% 13.~~967788~~676267%

Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 2549,~~675~~306.2022

Delinquency Status By Groups DELINQUENT BANKRUPTCY FORECLOSURE REO Total 1 No. of Loans No. of Loans No. of Loans No. of Loans No. of Loans Actual Balance Actual Balance Actual Balance Actual Balance Actual Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 1749 0 0 0 1749 411,~~044~~455,~~809~~050.7942 0.00 0.00 0.00 411,~~044~~455,~~809~~050.7942 60 Days 43 0 0 0 43 1613,~~318,936~~815.0387 0.00 0.00 0.00 1613,~~318,936~~815.0387 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 2152 0 0 0 2152 512,~~363~~068,~~745~~866.8229 0.00 0.00 0.00 512,~~363~~068,~~745~~866.8229 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 13.~~342812~~920000% 0.000000% 0.000000% 0.000000% 13.~~342812~~920000% 14.~~403106~~018830% 0.000000% 0.000000% 0.000000% 14.~~403106~~018830% 60 Days 0.~~315956~~240000% 0.000000% 0.000000% 0.000000% 0.~~315956~~240000% 0.~~457526~~215348% 0.000000% 0.000000% 0.000000% 0.~~457526~~215348% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 14.~~658768~~160000% 0.000000% 0.000000% 0.000000% 14.~~658768~~160000% 14.~~860633~~234178% 0.000000% 0.000000% 0.000000% 14.~~860633~~234178% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 2 No. of Loans No. of Loans No. of Loans No. of Loans No. of Loans Actual Balance Actual Balance Actual Balance Actual Balance Actual Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 813 0 0 0 813 34,~~488~~603,~~618~~970.0481 0.00 0.00 0.00 34,~~488~~603,~~618~~970.0481 60 Days 2 0 0 0 2 ~~768~~795,~~944~~181.1831 0.00 0.00 0.00 ~~768~~795,~~944~~181.1831 90 Days 01 0 0 0 01 0342,187.0099 0.00 0.00 0.00 0342,187.0099 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 1016 0 0 0 1016 45,~~257~~741,~~562~~340.2211 0.00 0.00 0.00 45,~~257~~741,~~562~~340.2211 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 12.~~431127~~346570% 0.000000% 0.000000% 0.000000% 12.~~431127~~346570% 12.~~738530~~308566% 0.000000% 0.000000% 0.000000% 12.~~738530~~308566% 60 Days 0.~~357782~~361011% 0.000000% 0.000000% 0.000000% 0.~~357782~~361011% 0.~~383198~~398727% 0.000000% 0.000000% 0.000000% 0.~~383198~~398727% 90 Days 0.~~000000~~180505% 0.000000% 0.000000% 0.000000% 0.~~000000~~180505% 0.~~000000~~171583% 0.000000% 0.000000% 0.000000% 0.~~000000~~171583% 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 12.~~788909~~888087% 0.000000% 0.000000% 0.000000% 12.~~788909~~888087% 2.~~121728~~878876% 0.000000% 0.000000% 0.000000% 2.~~121728~~878876%

REO Detail - All Mortgage Loans in REO during Current Period

Summary 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 ~~May~~Jun-05 0.000% Original Principal Balance 0.00 ~~Jun~~Jul-05 0.000% Current Actual Balance 0.00 ~~Jul~~Aug-05 0.000% ~~Aug~~Sep-05 0.000% Current REO Total ~~Sep~~Oct-05 0.000% Loans in REO 0 ~~Oct~~Nov-05 0.000% Original Principal Balance 0.00 ~~Nov~~Dec-05 0.000% Current Actual Balance 0.00 ~~Dec~~Jan-0506 0.000% ~~Jan~~Feb-06 0.000% ~~Feb~~Mar-06 0.000% ~~Mar~~Apr-06 0.000% ~~Apr~~May-06 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. 1 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 ~~May~~Jun-05 0.000% Original Principal Balance 0.00 ~~Jun~~Jul-05 0.000% Current Actual Balance 0.00 ~~Jul~~Aug-05 0.000% ~~Aug~~Sep-05 0.000% Current REO Total ~~Sep~~Oct-05 0.000% Loans in REO 0 ~~Oct~~Nov-05 0.000% Original Principal Balance 0.00 ~~Nov~~Dec-05 0.000% Current Actual Balance 0.00 ~~Dec~~Jan-0506 0.000% ~~Jan~~Feb-06 0.000% ~~Feb~~Mar-06 0.000% ~~Mar~~Apr-06 0.000% ~~Apr~~May-06 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. 2 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 ~~May~~Jun-05 0.000% Original Principal Balance 0.00 ~~Jun~~Jul-05 0.000% Current Actual Balance 0.00 ~~Jul~~Aug-05 0.000% ~~Aug~~Sep-05 0.000% Current REO Total ~~Sep~~Oct-05 0.000% Loans in REO 0 ~~Oct~~Nov-05 0.000% Original Principal Balance 0.00 ~~Nov~~Dec-05 0.000% Current Actual Balance 0.00 ~~Dec~~Jan-0506 0.000% ~~Jan~~Feb-06 0.000% ~~Feb~~Mar-06 0.000% ~~Mar~~Apr-06 0.000% ~~Apr~~May-06 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.

Foreclosure Detail - All Mortgage Loans in Foreclosure during Current Period

Summary 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 0 ~~May~~Jun-05 0.000% Original Principal Balance 0.00 ~~Jun~~Jul-05 0.000% Current Actual Balance 0.00 ~~Jul~~Aug-05 0.000% ~~Aug~~Sep-05 0.000% Current Foreclosure Total ~~Sep~~Oct-05 0.000% Loans in Foreclosure 0 ~~Oct~~Nov-05 0.000% Original Principal Balance 0.00 ~~Nov~~Dec-05 0.000% Current Actual Balance 0.00 ~~Dec~~Jan-0506 0.000% ~~Jan~~Feb-06 0.000% ~~Feb~~Mar-06 0.000% ~~Mar~~Apr-06 0.000% ~~Apr~~May-06 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. 1 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 0 ~~May~~Jun-05 0.000% Original Principal Balance 0.00 ~~Jun~~Jul-05 0.000% Current Actual Balance 0.00 ~~Jul~~Aug-05 0.000% ~~Aug~~Sep-05 0.000% Current Foreclosure Total ~~Sep~~Oct-05 0.000% Loans in Foreclosure 0 ~~Oct~~Nov-05 0.000% Original Principal Balance 0.00 ~~Nov~~Dec-05 0.000% Current Actual Balance 0.00 ~~Dec~~Jan-0506 0.000% ~~Jan~~Feb-06 0.000% ~~Feb~~Mar-06 0.000% ~~Mar~~Apr-06 0.000% ~~Apr~~May-06 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. 2 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 0 ~~May~~Jun-05 0.000% Original Principal Balance 0.00 ~~Jun~~Jul-05 0.000% Current Actual Balance 0.00 ~~Jul~~Aug-05 0.000% ~~Aug~~Sep-05 0.000% Current Foreclosure Total ~~Sep~~Oct-05 0.000% Loans in Foreclosure 0 ~~Oct~~Nov-05 0.000% Original Principal Balance 0.00 ~~Nov~~Dec-05 0.000% Current Actual Balance 0.00 ~~Dec~~Jan-0506 0.000% ~~Jan~~Feb-06 0.000% ~~Feb~~Mar-06 0.000% ~~Mar~~Apr-06 0.000% ~~Apr~~May-06 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.

Bankruptcy Detail - All Mortgage Loans in Bankruptcy during Current Period

Summary 12 Month Bankruptcy History* New Bankruptcy Loans Month Bankruptcy Percentage Loans in Bankruptcy 0 ~~May~~Jun-05 0.000% Original Principal Balance 0.00 ~~Jun~~Jul-05 0.000% Current Actual Balance 0.00 ~~Jul~~Aug-05 0.000% ~~Aug~~Sep-05 0.000% Current Bankruptcy Total ~~Sep~~Oct-05 0.000% Loans in Bankruptcy 0 ~~Oct~~Nov-05 0.000% Original Principal Balance 0.00 ~~Nov~~Dec-05 0.000% Current Actual Balance 0.00 ~~Dec~~Jan-0506 0.000% ~~Jan~~Feb-06 0.000% ~~Feb~~Mar-06 0.000% ~~Mar~~Apr-06 0.000% ~~Apr~~May-06 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. 1 12 Month Bankruptcy History* New Bankruptcy Loans Month Bankruptcy Percentage Loans in Bankruptcy 0 ~~May~~Jun-05 0.000% Original Principal Balance 0.00 ~~Jun~~Jul-05 0.000% Current Actual Balance 0.00 ~~Jul~~Aug-05 0.000% ~~Aug~~Sep-05 0.000% Current Bankruptcy Total ~~Sep~~Oct-05 0.000% Loans in Bankruptcy 0 ~~Oct~~Nov-05 0.000% Original Principal Balance 0.00 ~~Nov~~Dec-05 0.000% Current Actual Balance 0.00 ~~Dec~~Jan-0506 0.000% ~~Jan~~Feb-06 0.000% ~~Feb~~Mar-06 0.000% ~~Mar~~Apr-06 0.000% ~~Apr~~May-06 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. 2 12 Month Bankruptcy History* New Bankruptcy Loans Month Bankruptcy Percentage Loans in Bankruptcy 0 ~~May~~Jun-05 0.000% Original Principal Balance 0.00 ~~Jun~~Jul-05 0.000% Current Actual Balance 0.00 ~~Jul~~Aug-05 0.000% ~~Aug~~Sep-05 0.000% Current Bankruptcy Total ~~Sep~~Oct-05 0.000% Loans in Bankruptcy 0 ~~Oct~~Nov-05 0.000% Original Principal Balance 0.00 ~~Nov~~Dec-05 0.000% Current Actual Balance 0.00 ~~Dec~~Jan-0506 0.000% ~~Jan~~Feb-06 0.000% ~~Feb~~Mar-06 0.000% ~~Mar~~Apr-06 0.000% ~~Apr~~May-06 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.

Realized Loss Report - Collateral Summary MDR SDA Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% MDR: Current vs. 12mo Average* SDA: Current vs. 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. ~~May-2005 N/A N/A May-2005 N/A N/A~~ Jun-2005 N/A N/A Jun-2005 N/A N/A Jul-2005 N/A N/A Jul-2005 N/A N/A Aug-2005 N/A N/A Aug-2005 N/A N/A Sep-2005 N/A N/A Sep-2005 N/A N/A Oct-2005 N/A N/A Oct-2005 N/A N/A Nov-2005 N/A N/A Nov-2005 N/A N/A Dec-2005 N/A N/A Dec-2005 N/A N/A Jan-2006 N/A N/A Jan-2006 N/A N/A Feb-2006 N/A N/A Feb-2006 N/A N/A Mar-2006 N/A N/A Mar-2006 N/A N/A Apr-2006 0.000% N/A Apr-2006 0.000% N/A May-2006 0.000% N/A May-2006 0.000% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. CDR Loss Severity Approximation Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CDR: Current vs. 12mo Average* Loss Severity: Current vs. 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. ~~May-2005 N/A N/A May-2005 N/A N/A~~ Jun-2005 N/A N/A Jun-2005 N/A N/A Jul-2005 N/A N/A Jul-2005 N/A N/A Aug-2005 N/A N/A Aug-2005 N/A N/A Sep-2005 N/A N/A Sep-2005 N/A N/A Oct-2005 N/A N/A Oct-2005 N/A N/A Nov-2005 N/A N/A Nov-2005 N/A N/A Dec-2005 N/A N/A Dec-2005 N/A N/A Jan-2006 N/A N/A Jan-2006 N/A N/A Feb-2006 N/A N/A Feb-2006 N/A N/A Mar-2006 N/A N/A Mar-2006 N/A N/A Apr-2006 0.000% N/A Apr-2006 0.000% N/A May-2006 0.000% N/A May-2006 0.000% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. 1 MDR SDA Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% MDR: Current vs. 12mo Average* SDA: Current vs. 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. ~~May-2005 N/A N/A May-2005 N/A N/A~~ Jun-2005 N/A N/A Jun-2005 N/A N/A Jul-2005 N/A N/A Jul-2005 N/A N/A Aug-2005 N/A N/A Aug-2005 N/A N/A Sep-2005 N/A N/A Sep-2005 N/A N/A Oct-2005 N/A N/A Oct-2005 N/A N/A Nov-2005 N/A N/A Nov-2005 N/A N/A Dec-2005 N/A N/A Dec-2005 N/A N/A Jan-2006 N/A N/A Jan-2006 N/A N/A Feb-2006 N/A N/A Feb-2006 N/A N/A Mar-2006 N/A N/A Mar-2006 N/A N/A Apr-2006 0.000% N/A Apr-2006 0.000% N/A May-2006 0.000% N/A May-2006 0.000% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. CDR Loss Severity Approximation Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CDR: Current vs. 12mo Average* Loss Severity: Current vs. 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. ~~May-2005 N/A N/A May-2005 N/A N/A~~ Jun-2005 N/A N/A Jun-2005 N/A N/A Jul-2005 N/A N/A Jul-2005 N/A N/A Aug-2005 N/A N/A Aug-2005 N/A N/A Sep-2005 N/A N/A Sep-2005 N/A N/A Oct-2005 N/A N/A Oct-2005 N/A N/A Nov-2005 N/A N/A Nov-2005 N/A N/A Dec-2005 N/A N/A Dec-2005 N/A N/A Jan-2006 N/A N/A Jan-2006 N/A N/A Feb-2006 N/A N/A Feb-2006 N/A N/A Mar-2006 N/A N/A Mar-2006 N/A N/A Apr-2006 0.000% N/A Apr-2006 0.000% N/A May-2006 0.000% N/A May-2006 0.000% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. 2 MDR SDA Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% MDR: Current vs. 12mo Average* SDA: Current vs. 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. ~~May-2005 N/A N/A May-2005 N/A N/A~~ Jun-2005 N/A N/A Jun-2005 N/A N/A Jul-2005 N/A N/A Jul-2005 N/A N/A Aug-2005 N/A N/A Aug-2005 N/A N/A Sep-2005 N/A N/A Sep-2005 N/A N/A Oct-2005 N/A N/A Oct-2005 N/A N/A Nov-2005 N/A N/A Nov-2005 N/A N/A Dec-2005 N/A N/A Dec-2005 N/A N/A Jan-2006 N/A N/A Jan-2006 N/A N/A Feb-2006 N/A N/A Feb-2006 N/A N/A Mar-2006 N/A N/A Mar-2006 N/A N/A Apr-2006 0.000% N/A Apr-2006 0.000% N/A May-2006 0.000% N/A May-2006 0.000% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. CDR Loss Severity Approximation Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CDR: Current vs. 12mo Average* Loss Severity: Current vs. 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. ~~May-2005 N/A N/A May-2005 N/A N/A~~ Jun-2005 N/A N/A Jun-2005 N/A N/A Jul-2005 N/A N/A Jul-2005 N/A N/A Aug-2005 N/A N/A Aug-2005 N/A N/A Sep-2005 N/A N/A Sep-2005 N/A N/A Oct-2005 N/A N/A Oct-2005 N/A N/A Nov-2005 N/A N/A Nov-2005 N/A N/A Dec-2005 N/A N/A Dec-2005 N/A N/A Jan-2006 N/A N/A Jan-2006 N/A N/A Feb-2006 N/A N/A Feb-2006 N/A N/A Mar-2006 N/A N/A Mar-2006 N/A N/A Apr-2006 0.000% N/A Apr-2006 0.000% N/A May-2006 0.000% N/A May-2006 0.000% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. Calculation Methodology: Monthly Default Rate (MDR): sum(Beg Scheduled Balance of Liquidated Loans)/ sum(Beg Scheduled 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 Scheduled Balance of Liquidated Loans)

Prepayment Detail - Prepayments during Current Period Summary Loans Paid In Full Repurchased Loans Original Current Original Current Principal Scheduled Principal Scheduled Group Count Balance Balance Count Balance Balance 1 1216 23,~~702~~783,~~150~~650.00 23,~~706~~811,~~360~~842.7020 0 0.00 0.00 2 65 21,~~646~~513,~~000~~400.00 21,~~452~~527,~~284~~815.0905 0 0.00 0.00 Total 1821 5,~~348~~297,~~150~~050.00 5,~~158~~339,~~644~~657.7925 0 0.00 0.00

Prepayment Detail - Prepayments during Current Period (continued) Summary Substitution Loans Liquidated Loans Curtailments Original Current Original Current Principal Scheduled Principal Scheduled Curtailment Group Count Balance Balance Count Balance Balance Amount 1 0 0.00 0.00 0 0.00 0.00 ~~158~~292,~~383~~551.6560 2 0 0.00 0.00 0 0.00 0.00 ~~109~~270,~~330~~508.4842 Total 0 0.00 0.00 0 0.00 0.00 ~~267~~563,~~714~~060.1302

Prepayment Loan Detail - Prepayments during Current Period First Original Loan LTV at Payment Principal Prepayment Group Number State Origination Date Balance Amount 1 ~~0004560702~~0004590998 FL 6966.9867 01-Sep-2005 ~~191~~200,~~100~~000.00 ~~194~~203,~~145~~634.9882 1 ~~0004584090~~0004593901 MDFL 7861.7882 01-Sep-2005 ~~135~~102,~~500~~000.00 ~~135~~102,~~793~~156.9672 1 ~~0004635900~~0004598025 AZMD 80.00 01-~~Nov~~Sep-2005 ~~184~~348,000.00 ~~186~~348,~~259~~840.0218 1 ~~0004643730~~0004603114 MDFL 7569.97 01-Oct-2005 111,250.00 112,569.70 1 0004604765 PA 67.52 01-~~Dec~~Oct-2005 ~~165~~106,~~750~~000.00 ~~167~~105,~~255~~301.5403 1 ~~0004644159~~0004618914 FLCO 7080.00 01-~~Feb~~Nov-~~2006~~2005 ~~253~~368,~~900~~000.00 ~~254~~375,~~324~~703.1934 1 ~~0004651030~~0004636809 AZ 7360.8100 01-~~Dec~~Nov-2005 ~~310~~216,000.00 ~~312~~219,~~925~~441.9400 1 ~~0004657516~~0004657045 ILVA 7290.2600 01-Dec-2005 ~~112~~261,000.00 ~~112~~265,~~625~~296.0293 1 ~~0004658720~~0004657862 FLIL 7579.9160 01-Dec-2005 ~~167~~398,000.00 ~~169~~404,~~007~~342.9134 1 ~~0004666764~~0004659074 AZFL 8870.2100 01-Dec-2005 ~~123~~276,500.00 ~~123~~280,~~244~~196.3615 1 ~~0004667556~~0004668786 FL 7980.9900 01-~~Feb~~Dec-2005 220,000.00 221,580.53 1 0004670626 CA 66.67 01-Jan-2006 ~~308~~212,~~400~~000.00 ~~309~~214,~~556~~057.3140 1 ~~0004670915~~0004678520 IL 6379.87 01-Jan-2006 307,500.00 306,990.70 1 0004679106 MD 55.00 01-~~Dec~~Jan-~~2005~~2006 ~~378~~258,~~000~~500.00 ~~377~~261,~~098~~107.8273 1 ~~0004672838~~0004680948 ILCA 4365.3733 01-~~Dec~~Jan-~~2005~~2006 ~~373~~245,000.00 ~~371~~247,~~166~~471.9353 21 ~~0004632527~~0004703906 DCIL 8090.00 01-~~Nov~~Feb-~~2005~~2006 ~~548~~153,~~000~~900.00 ~~551~~155,~~322~~215.2991 2 ~~0004648598~~0004585873 FLVA 7980.2100 01-~~Dec~~Sep-2005 ~~400~~300,000.00 ~~402~~302,~~351~~322.5160 2 ~~0004661377~~0004587978 AZFL ~~76.~~80.00 01-~~Dec~~Sep-2005 ~~480~~159,~~000~~200.00 ~~485~~161,~~525~~884.2801 2 ~~0004682407~~0004615431 UTVA 8580.8500 01-~~Feb~~Oct-~~2006~~2005 ~~273~~400,000.00 70406,~~769~~243.9380 2 ~~0004700175~~0004625562 MDFL 7331.7799 01-~~Feb~~Nov-~~2006~~2005 ~~450~~435,000.00 ~~451~~441,~~922~~699.1288 2 ~~0004709531~~0004695938 VAIL 6780.3500 01-Feb-2006 ~~495~~219,~~000~~200.00 ~~496~~219,~~883~~964.2108

Prepayment Loan Detail - Prepayments during Current Period (continued) Current Loan PIF Months Loan Original Group Number Type Delinquent Rate Term Seasoning 1 ~~0004560702~~0004590998 Loan Paid in Full 0 7.~~625~~500% 360 78 1 ~~0004584090~~0004593901 Loan Paid in Full 0 7.~~750~~875% 480 78 1 ~~0004635900~~0004598025 Loan Paid in Full 0 7.125% 480 58 1 ~~0004643730~~0004603114 Loan Paid in Full 0(1) 7.~~625~~000% 360 47 1 ~~0004644159~~0004604765 Loan Paid in Full 0(1) 67.500% ~~360~~180 27 1 ~~0004651030~~0004618914 Loan Paid in Full 0 7.~~625~~875% ~~360~~480 46 1 ~~0004657516~~0004636809 Loan Paid in Full 0 7.~~250~~000% ~~360~~480 46 1 ~~0004658720~~0004657045 Loan Paid in Full 0 7.~~375~~875% 480 45 1 ~~0004666764~~0004657862 Loan Paid in Full 0 7.~~250~~625% ~~360~~480 45 1 ~~0004667556~~0004659074 Loan Paid in Full (1) 7.000% 480 5 1 0004668786 Loan Paid in Full 0 6.375% ~~480~~360 25 1 ~~0004670915~~0004670626 Loan Paid in Full 0 67.750% 360 4 1 ~~0004672838~~0004678520 Loan Paid in Full 0 7.~~375~~250% 360 4 21 ~~0004632527~~0004679106 Loan Paid in Full 0 67.~~250~~750% 360 54 21 ~~0004648598~~0004680948 Loan Paid in Full 0 67.~~500~~750% 360 4 21 ~~0004661377~~0004703906 Loan Paid in Full 01 87.~~250~~500% 480 43 2 ~~0004682407~~0004585873 Loan Paid in Full 0(1) 6.~~250~~625% 360 8 2 0004587978 Loan Paid in Full 0 7.750% 360 8 2 ~~0004700175~~0004615431 Loan Paid in Full 0 7.500% 360 7 2 0004625562 Loan Paid in Full (1) 6.750% 480 26 2 ~~0004709531~~0004695938 Loan Paid in Full 0 76.~~625~~500% 360 23

Prepayment - Voluntary Prepayments

Summary SMM CPR PSA Current Month 1.~~098~~204% Current Month 1213.~~405~~529% Current Month 1,~~450~~283.~~561~~250% 3 Month Average 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CPR: Current vs. 12mo Average* PSA: Current vs. 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. ~~May-2005 N/A N/A May-2005 N/A N/A~~ Jun-2005 N/A N/A Jun-2005 N/A N/A Jul-2005 N/A N/A Jul-2005 N/A N/A Aug-2005 N/A N/A Aug-2005 N/A N/A Sep-2005 N/A N/A Sep-2005 N/A N/A Oct-2005 N/A N/A Oct-2005 N/A N/A Nov-2005 N/A N/A Nov-2005 N/A N/A Dec-2005 N/A N/A Dec-2005 N/A N/A Jan-2006 N/A N/A Jan-2006 N/A N/A Feb-2006 N/A N/A Feb-2006 N/A N/A Mar-2006 N/A N/A Mar-2006 N/A N/A Apr-2006 12.405% N/A Apr-2006 1,450.561% N/A May-2006 13.529% N/A May-2006 1,283.250% 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 01.~~984~~420% Current Month 1115.~~188~~770% Current Month 1,~~324~~510.~~544~~223% 3 Month Average 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CPR: Current vs. 12mo Average* PSA: Current vs. 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. ~~May-2005 N/A N/A May-2005 N/A N/A~~ Jun-2005 N/A N/A Jun-2005 N/A N/A Jul-2005 N/A N/A Jul-2005 N/A N/A Aug-2005 N/A N/A Aug-2005 N/A N/A Sep-2005 N/A N/A Sep-2005 N/A N/A Oct-2005 N/A N/A Oct-2005 N/A N/A Nov-2005 N/A N/A Nov-2005 N/A N/A Dec-2005 N/A N/A Dec-2005 N/A N/A Jan-2006 N/A N/A Jan-2006 N/A N/A Feb-2006 N/A N/A Feb-2006 N/A N/A Mar-2006 N/A N/A Mar-2006 N/A N/A Apr-2006 11.188% N/A Apr-2006 1,324.544% N/A May-2006 15.770% N/A May-2006 1,510.223% 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 10.~~261~~894% Current Month 1410.~~123~~212% Current Month ~~1,622~~955.~~680~~630% 3 Month Average 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CPR: Current vs. 12mo Average* PSA: Current vs. 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. ~~May-2005 N/A N/A May-2005 N/A N/A~~ Jun-2005 N/A N/A Jun-2005 N/A N/A Jul-2005 N/A N/A Jul-2005 N/A N/A Aug-2005 N/A N/A Aug-2005 N/A N/A Sep-2005 N/A N/A Sep-2005 N/A N/A Oct-2005 N/A N/A Oct-2005 N/A N/A Nov-2005 N/A N/A Nov-2005 N/A N/A Dec-2005 N/A N/A Dec-2005 N/A N/A Jan-2006 N/A N/A Jan-2006 N/A N/A Feb-2006 N/A N/A Feb-2006 N/A N/A Mar-2006 N/A N/A Mar-2006 N/A N/A Apr-2006 14.123% N/A Apr-2006 1,622.680% N/A May-2006 10.212% N/A May-2006 955.630% 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))

Interest Rate Stratification Summary 1 Current Number of Outstanding Percentage of Number of Outstanding Percentage of Interest Rate Loans Scheduled Balance(%) Loans Scheduled Balance(%) Range(%) Balance($) Balance($) < 6.000 0 0.00 0.000 0 0.00 0.000 6.000 6.249 27 7 2,~~478~~099,~~917~~000.9133 10.~~526~~432 12 2 638,~~789,617~~257.0296 0.~~965~~223 6.250 6.499 ~~117~~73 3621,~~059~~538,~~404~~063.3234 74.~~357~~434 6142 139,~~414~~115,~~717~~560.3707 43.~~642~~190 6.500 6.749 ~~318~~255 9780,~~568~~539,~~409~~225.0655 1916.~~906~~582 ~~201~~148 4735,~~790~~736,~~195~~908.0120 1612.~~536~~505 6.750 6.999 ~~332~~325 8789,~~621~~493,~~304~~590.9879 1718.~~877~~426 ~~209~~203 4746,~~025~~361,~~044~~555.8820 16.~~271~~223 7.000 7.249 ~~196~~248 5064,~~576~~424,~~801~~795.1434 1013.~~319~~264 ~~140~~173 3138,~~380~~608,~~539~~068.1645 1013.~~858~~510 7.250 7.499 ~~226~~162 5238,~~271~~372,~~288~~440.9900 107.~~665~~901 ~~178~~119 3724,~~774~~948,~~749~~607.8086 138.~~071~~730 7.500 7.749 ~~362~~217 9054,~~039~~212,~~282~~737.2665 1811.~~370~~162 ~~279~~176 6340,~~636~~154,~~947~~648.0834 2214.~~019~~051 7.750 7.999 ~~181~~444 51116,~~883~~162,~~885~~781.2652 1023.~~586~~917 ~~132~~329 3377,~~612~~747,~~047~~614.1085 1127.~~630~~205 8.000 8.249 2422 4,~~726~~998,~~257~~120.7081 01.~~964~~029 2419 43,~~726~~565,~~257~~801.7044 1.~~635~~248 8.250 8.499 4233 118,~~912~~987,~~684~~491.7994 21.~~430~~850 3027 6,~~856~~141,~~568~~508.1019 2.~~372~~149 >= 8.500 018 04,867,551.0035 01.~~000~~002 012 02,760,906.0038 0.~~000~~966 Total 1,~~825~~804 ~~490~~485,~~138~~695,~~236~~798.4162 100.000 1,~~266~~250 ~~289~~285,~~006~~779,~~683~~436.2294 100.000

Interest Rate Stratification (continued) 2 Current Number of Outstanding Percentage of Interest Rate Loans Scheduled Balance(%) Range(%) Balance($) < 6.000 0 0.00 0.000 6.000 6.249 155 41,~~689~~460,~~300~~742.8937 20.~~331~~731 6.250 6.499 5631 2212,~~644~~422,~~686~~503.9527 116.~~259~~214 6.500 6.749 ~~117~~107 4944,~~778~~802,~~214~~317.0535 2422.~~749~~411 6.750 6.999 ~~123~~122 4043,~~596~~132,~~260~~035.1059 2021.~~184~~575 7.000 7.249 5675 1925,~~196~~816,~~261~~726.9889 912.~~544~~914 7.250 7.499 4843 1413,~~496~~423,~~539~~832.1914 76.~~207~~715 7.500 7.749 8341 2614,~~402~~058,~~335~~089.1831 137.~~127~~032 7.750 7.999 49115 1838,~~271~~415,~~838~~166.1667 919.~~085~~216 8.000 8.249 03 01,432,319.0037 0.~~000~~716 8.250 8.499 126 52,~~056~~845,~~116~~983.6975 21.~~514~~424 >= 8.500 06 02,106,644.0097 01.~~000~~054 Total ~~559~~554 ~~201~~199,~~131~~916,~~553~~361.1968 100.000

Supplemental Reporting Closing Date March 30, 2006 Determination Date For any Distribution Date and each Mortgage Loan, the date each month, as set forth in the Servicing Agreement, on which the Servicer determines the amount of all funds required to be remitted to the Distribution Account on the Servicer Remittance Date with respect to the Mortgage Loans. Distribution Date The 19th day of the month, or, if such day is not a Business Day, the next Business Day commencing in April 2006. LIBOR Determination Date The second LIBOR Business Day immediately preceding the commencement of each Accrual Period for the LIBOR Certificates. Record Date With respect to each Distribution Date and the LIBOR Certificates, the Business Day preceding the applicable Distribution Date so long as such Certificates remain Book-Entry Certificates and otherwise the Record Date shall be same as the other Classes of Certificates. For each other Class of Certificates, the last Business Day of the calendar month preceding the month in which such Distribution Date occurs. Remittance Date With respect to each Mortgage Loan, the 18th day of each month, or if such 18th day is not a Business Day, the preceding Business Day. Business Day Any day other than a Saturday, a Sunday or a day on which banking or savings institutions in the State of California, the State of Minnesota, the State of Maryland, the State of New York or in the city in which the Corporate Trust Office of the Trustee is located are authorized or obligated by law or executive order to be closed. LIBOR Business Day Any day on which banks in London, England and The City of New York are open and conducting transactions in foreign currency and exchange. EX-99.2 Copy of consolidated balance sheets as of December 31, 2005 and 2004, and the related consolidated statements of operations and comprehensive income, changes in shareholder's equity, and cash flows for each of the three years in the period ended December 31, 2005, all of XL Capital Assurance Inc. and its subsidiary (incorporated herein by reference from Exhibit 99.1 in XL Capital Ltd.'s Annual Report on Form 10-K for the year ended December 31, 2005, as filed with the Commission on March 7, 2006). EX-99.3 Copy of balance sheets as of December 31, 2005 and 2004, and the related statements of operations and comprehensive income, changes in shareholder's equity, and cash flows for each of the three years in the period ended December 31, 2005, all of XL Financial Assurance Ltd. (incorporated herein by reference from Exhibit 99.2 in XL Capital Ltd.'s Annual Report on Form 10-K for the year ended December 31, 2005, as filed with the Commission on March 7, 2006).

EX-99.2 Copy of the unaudited condensed consolidated balance sheets as at March 31, 2006 and December 31, 2005, the unaudited condensed consolidated statement of operations and comprehensive income for the three months ended March 31, 2006 and March 31, 2005, the unaudited condensed consolidated statements of changes in shareholder's equity for the three months ended March 31, 2006 and for the year ended December 31, 2005, and the unaudited condensed consolidated statements of cash flows for the three months ended March 31, 2006 and March 31, 2005, all of XL Capital Assurance Inc. and its subsidiary, are incorporated herein by reference from Exhibit 99.1 in XL Capital Ltd's Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2006, as filed with the Commission on May 5, 2006. EX-99.3 Copy of the unaudited condensed balance sheets as of March 31, 2006 and December 31, 2005, the unaudited condensed statements of income and comprehensive income for the three month periods ended March 31, 2006 and March 31, 2005, the unaudited condensed statements of changes in shareholders' equity for the three month period ended March 31, 2006 and for the year ended December 31, 2005, and the unaudited condensed statements of cash flows for the three month periods ended March 31, 2006 and March 31, 2005, all of XL Financial Assurance Ltd., are incorporated herein by reference from Exhibit 99.2 in XL Capital Ltd's Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2006, as filed with the Commission on May 5, 2006.

Filing Compare · Harborview 2006-BU1