10-D 1 bsa06sd1_10d-200606.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: May 26, 2006 to June 26, 2006 Commission File Number of issuing entity: 333-125422-56 Bear Stearns Asset Backed Securities Trust 2006-SD1 (Exact name of issuing entity as specified in its charter) Commission File Number of depositor: 333-125422 Bear Stearns Asset Backed Securities I LLC. (Exact name of depositor as specified in its charter) EMC Mortgage Corporation (Exact name of sponsor as specified in its charter) New York (State or other jurisdiction of incorporation or organization of the issuing entity) 54-2195568 54-2195569 (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)) A _____ _____ __X___ ____________ M-1 _____ _____ __X___ ____________ M-2 _____ _____ __X___ ____________ M-3 _____ _____ __X___ ____________ M-4 _____ _____ __X___ ____________ B-IO _____ _____ __X___ ____________ R-1 _____ _____ __X___ ____________ R-2 _____ _____ __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 June 26, 2006 a distribution was made to holders of Bear Stearns Asset Backed Securities Trust 2006-SD1. 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 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 Bear Stearns Asset Backed Securities Trust 2006-SD1, relating to the June 26, 2006 distribution. (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. Bear Stearns Asset Backed Securities Trust 2006-SD1 (Issuing Entity) Wells Fargo Bank, N.A. (Master Servicer) /s/ Beth Belfield Beth Belfield, Vice President Date: July 7, 2006 EXHIBIT INDEX Exhibit Number Description EX-99.1 Monthly report distributed to holders of Bear Stearns Asset Backed Securities Trust 2006-SD1, relating to the June 26, 2006 distribution. EX-99.1 Bear Stearns Asset Backed Securities Asset Backed Certificates Distribution Date: 6/26/2006 Bear Stearns Asset Backed Securities Asset Backed Certificates Series 2006-SD1 Contact: Customer Service - CTSLink Wells Fargo Bank, N.A. Securities Administration Services 7485 New Horizon Way Frederick, MD 21703 www.ctslink.com Telephone: (301) 815-6600 Fax: (301) 815-6660

Certificateholder Distribution Summary Class CUSIP Certificate Beginning Interest Pass-Through Certificate Distribution Rate Balance A 07384YVF0 5.~~32938~~45125% ~~305~~300,~~656~~382,~~113~~241.5866 1,~~357~~455,~~464~~369.6500 M-1 07384YVG8 5.~~62938~~75125% 16,454,000.00 7784,~~188~~107.1896 M-2 07384YVH6 6.~~45938~~58125% 8,942,000.00 4263,~~163~~540.8863 M-3 07384YVJ2 6.~~45938~~58125% 4,650,000.00 2133,~~925~~042.9726 M-4 07384YVK9 6.~~45938~~58125% 1,788,000.00 812,~~430~~705.8928 B-IO 07384YVL7 0.00000% 11,~~243~~380,~~021~~216.7145 0.00 R-1 07384YVM5 0.00000% 0.00 0.00 R-2 07384YVN3 0.00000% 0.00 0.00 Totals ~~348~~343,~~733~~596,~~135~~458.2911 1,~~507~~648,~~173~~765.5713

Certificateholder Distribution Summary (continued) Class Principal Current Ending Total Cumulative Distribution Realized Certificate Distribution Realized Loss Balance Losses A 510,~~273~~520,~~871~~409.9288 0.00 ~~300~~289,~~382~~861,~~241~~831.6679 611,~~631~~975,~~336~~778.5788 0.00 M-1 0.00 0.00 16,454,000.00 7784,~~188~~107.1896 0.00 M-2 0.00 0.00 8,942,000.00 4263,~~163~~540.8863 0.00 M-3 0.00 0.00 4,650,000.00 2133,~~925~~042.9726 0.00 M-4 0.00 0.00 1,788,000.00 812,~~430~~705.8928 0.00 B-IO 0.00 0.00 11,~~380~~463,~~216~~712.4517 0.00 0.00 R-1 0.00 0.00 0.00 0.00 0.00 R-2 0.00 0.00 0.00 0.00 0.00 Totals 510,~~273~~520,~~871~~409.9288 0.00 ~~343~~333,~~596~~159,~~458~~543.1196 612,~~781~~169,~~045~~175.4901 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 A 314,766,000.00 ~~305~~300,~~656~~382,~~113~~241.5866 0.00 510,~~273~~520,~~871~~409.9288 0.00 0.00 M-1 16,454,000.00 16,454,000.00 0.00 0.00 0.00 0.00 M-2 8,942,000.00 8,942,000.00 0.00 0.00 0.00 0.00 M-3 4,650,000.00 4,650,000.00 0.00 0.00 0.00 0.00 M-4 1,788,000.00 1,788,000.00 0.00 0.00 0.00 0.00 R-1 0.00 0.00 0.00 0.00 0.00 0.00 R-2 0.00 0.00 0.00 0.00 0.00 0.00 Totals 346,600,000.00 ~~337~~332,~~490~~216,~~113~~241.5866 0.00 510,~~273~~520,~~871~~409.9288 0.00 0.00

Principal Distribution Statement (continued) Class Total Ending Ending Total Principal Certificate Certificate Principal Reduction Balance Percentage Distribution A 510,~~273~~520,~~871~~409.9288 ~~300~~289,~~382~~861,~~241~~831.6679 0.~~95430333~~92088037 510,~~273~~520,~~871~~409.9288 M-1 0.00 16,454,000.00 1.00000000 0.00 M-2 0.00 8,942,000.00 1.00000000 0.00 M-3 0.00 4,650,000.00 1.00000000 0.00 M-4 0.00 1,788,000.00 1.00000000 0.00 R-1 0.00 0.00 0.00000000 0.00 R-2 0.00 0.00 0.00000000 0.00 Totals 510,~~273~~520,~~871~~409.9288 ~~332~~321,~~216~~695,~~241~~831.6679 0.~~95850041~~92814724 510,~~273~~520,~~871~~409.9288

Principal Distribution Factors Statement Class Original Beginning Scheduled UnScheduled Accretion Face Certificate Principal Principal Amount Balance Distribution Distribution A 314,766,000.00 ~~971~~954.~~05822605~~30332901 0.00000000 1633.~~75489703~~42295508 0.00000000 M-1 16,454,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-2 8,942,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-3 4,650,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-4 1,788,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000 R-1 0.00 0.00000000 0.00000000 0.00000000 0.00000000 R-2 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 A 0.00000000 1633.~~75489703~~42295508 ~~954~~920.~~30332901~~88037396 0.~~95430333~~92088037 1633.~~75489703~~42295508 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 B-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 NOTE: All Classes are 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 A 0405/25/06 - 0506/2425/06 3032 5.~~32938~~45125% ~~305~~300,~~656~~382,~~113~~241.5866 1,~~357~~455,~~464~~518.6584 0.00 M-1 0405/25/06 - 0506/2425/06 3032 5.~~62938~~75125% 16,454,000.00 7784,~~188~~116.1850 01,154.0077 M-2 0405/25/06 - 0506/2425/06 3032 6.~~45938~~58125% 8,942,000.00 4852,~~133~~310.1570 018,459.0034 M-3 0405/25/06 - 0506/2425/06 3032 6.~~45938~~58125% 4,650,000.00 2527,~~030~~202.1050 09,599.0019 M-4 0405/25/06 - 0506/2425/06 3032 6.~~45938~~58125% 1,788,000.00 910,~~624~~459.4880 03,691.0004 B-IO N/A N/A 0.00000% ~~348~~343,~~733~~596,~~135~~458.2911 0.00 0.00 R-1 N/A N/A 0.00000% 0.00 0.00 0.00 R-2 N/A N/A 0.00000% 0.00 0.00 0.00 Totals 1,~~517~~629,~~440~~608.5634 032,904.0034

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 A 0.00 0149.0084 1,~~357~~455,~~464~~369.6500 0.00 ~~300~~289,~~382~~861,~~241~~831.6679 M-1 01,154.0077 08.0054 7784,~~188~~107.1896 0.00 16,454,000.00 M-2 57,~~969~~224.2777 04.0064 4263,~~163~~540.8863 ~~11,169~~0.2300 8,942,000.00 M-3 3,~~104~~757.1301 02.0041 2133,~~925~~042.9726 ~~5,808~~0.2000 4,650,000.00 M-4 1,~~193~~444.5963 0.0093 812,~~430~~705.8928 ~~2,233~~0.3400 1,788,000.00 B-IO 0.00 0.00 0.00 0.00 ~~343~~333,~~596~~159,~~458~~543.1196 R-1 0.00 0.00 0.00 0.00 0.00 R-2 0.00 0.00 0.00 0.00 0.00 Totals 1013,~~266~~581.9918 0166.0036 1,~~507~~648,~~173~~765.5713 ~~19,210~~0.7700 (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 A 314,766,000.00 5.~~32938~~45125% ~~971~~954.~~05822605~~30332901 4.~~31261524~~62412980 0.00000000 M-1 16,454,000.00 5.~~62938~~75125% 1000.00000000 45.~~69114987~~11222195 0.~~00000000~~07018172 M-2 8,942,000.00 6.~~45938~~58125% 1000.00000000 5.~~38281704~~85000000 02.~~00000000~~06434131 M-3 4,650,000.00 6.~~45938~~58125% 1000.00000000 5.~~38281720~~85000000 02.~~00000000~~06434194 M-4 1,788,000.00 6.~~45938~~58125% 1000.00000000 5.~~38281879~~85000000 02.~~00000000~~06434004 B-IO 0.00 0.00000% 0.00000000 0.00000000 0.00000000 R-1 0.00 0.00000% 0.00000000 0.00000000 0.00000000 R-2 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 A 0.00000000 0.~~00000000~~00047604 4.~~31261524~~62365376 0.00000000 ~~954~~920.~~30332901~~88037396 M-1 0.~~00000000~~07018172 0.~~00000000~~00051902 45.~~69114987~~11170293 0.00000000 1000.00000000 M-2 0.~~66755424~~80795907 0.~~00000000~~00051890 47.~~71526280~~10586334 10.~~24907515~~00000000 1000.00000000 M-3 0.~~66755484~~80795914 0.~~00000000~~00051828 47.~~71526237~~10586237 10.~~24907527~~00000000 1000.00000000 M-4 0.~~66755593~~80795861 0.~~00000000~~00052013 47.~~71526286~~10586130 10.~~24907159~~00000000 1000.00000000 B-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-2 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 are Per 1,000 Denomination

CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 612,~~951~~246,~~387~~939.1066 Reserve Funds and Credit Enhancements 0.00 Proceeds from Repurchased Loans 0.00 Servicer Advances 332,~~721~~855.8687 Gains & Subsequent Recoveries (Realized Losses) 0.00 Prepayment Penalties 0.00 Swap/Cap Payments 057,191.0017 Total Deposits 712,~~284~~636,~~108~~986.9670 Withdrawals Swap Payments ~~48,324~~0.0200 Reserve Funds and Credit Enhancements 0.00 Reimbursement for Servicer Advances ~~317~~332,~~222~~721.2186 Total Administration Fees ~~137~~135,~~517~~089.2483 Payment of Interest and Principal 612,~~781~~169,~~045~~175.4901 Total Withdrawals (Pool Distribution Amount) 712,~~284~~636,~~108~~986.9670 Ending Balance 0.00 Servicer Advances are calculated as delinquent scheduled principal and interest.

PREPAYMENT/CURTAILMENT INTEREST SHORTFALL Total Prepayment/Curtailment Interest Shortfall 0166.0036 Servicing Fee Support 0.00 Non-Supported Prepayment/Curtailment Interest Shortfall 0166.0036

ADMINISTRATION FEES Gross Servicing Fee* ~~105~~103,~~261~~412.2595 Additional Servicing Fee - EMC Mortgage Corp. 28,~~768~~240.6692 Master Servicing Fee - Wells Fargo Bank, N.A. 3,~~487~~435.3396 Supported Prepayment/Curtailment Interest Shortfall 0.00 Total Administration Fees ~~137~~135,~~517~~089.2483 *Servicer Payees include: BANK OF AMERICA (NY); EMC MTG CORP; WELLS FARGO BANK, N.A.

Reserve and Guaranty Funds Account Name Beginning Current Current Ending Balance Withdrawals Deposits Balance Supplemental Interest Reserve Fund 0.00 0.00 0.00 0.00 Hedge Funds Account Name Funds In (A) Funds Out(B) Net Amount(A - B) Interest Rate Swap - BSFP, Inc. 1,~~151~~227,~~533~~628.6340 1,~~199~~170,~~857~~437.6523 ~~(48~~57,~~324~~191.~~02)~~17

COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Gross Coupon 6.~~297801~~322030% Weighted Average Net Coupon 5.~~935594~~960864% Weighted Average Pass-Through Rate 5.~~824600~~850233% Weighted Average Remaining Term ~~337~~336 Beginning Scheduled Collateral Loan Count 1,~~948~~926 Number Of Loans Paid In Full 2238 Ending Scheduled Collateral Loan Count 1,~~926~~888 Beginning Scheduled Collateral Balance ~~348~~343,~~733~~596,~~135~~458.2911 Ending Scheduled Collateral Balance ~~343~~333,~~596~~159,~~458~~543.1196 Ending Actual Collateral Balance at 3031-~~Apr~~May-2006 ~~343~~333,~~919~~471,~~537~~012.0484 Monthly P&I Constant 2,~~031~~008,~~093~~522.0423 Special Servicing Fee 0.00 Prepayment Penalty Waived Amount 0.00 Prepayment Penalty Waived Count 0 Prepayment Penalty Paid Amount 0.00 Prepayment Penalty Paid Count 0 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Scheduled Principal ~~283~~281,~~820~~325.2976 Unscheduled Principal 410,~~935~~238,~~794~~581.0232

Additional Reporting - Deal Level Miscellaneous Reporting Overcollateralization Amount 11,~~380~~463,~~216~~712.4517 OC Deficiency Amount ~~381~~244,~~849~~654.0531 OC Reduction Amount 0.00 Specified OC Amount 11,624,870.75 Excess Cash ~~137~~116,~~194~~067.7435 Structural Reporting Stepdown Date NO Trigger Event Reporting Step Up Trigger Calculated Value 0.000000% Threshold Value 0.000000% Trigger Result Pass Realized Loss Event Trigger Calculated Value 0.000000% Threshold Value 0.000000% Trigger Result N/A Delinquency Event Trigger Calculated Value 4.~~890492~~588946% Threshold Value 6.~~176216~~288513% Trigger Result Pass

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 5152 0 0 5152 45,~~898~~110,~~502~~919.9024 0.00 0.00 45,~~898~~110,~~502~~919.9024 30 Days ~~101~~71 13 013 0 ~~114~~97 139,~~235~~398,~~494~~367.0883 1,~~462~~408,~~412~~035.78 01,566,482.0004 0.00 1412,~~697~~372,~~906~~885.8665 60 Days 3234 18 34 0 3646 4,~~882~~908,~~527~~218.7600 ~~115~~785,~~397~~821.2320 ~~271~~475,~~916~~586.5010 0.00 56,~~269~~169,~~841~~625.4930 90 Days 58 1 513 0 1122 1,~~848~~300,~~060~~657.6698 ~~578~~144,~~195~~366.7949 ~~811~~1,~~794~~670,385.0522 0.00 3,~~238~~115,~~050~~409.5069 120 Days 14 02 104 01 11 ~~134~~1,~~919~~122,266.4613 0713,115.0025 1,~~918~~371,~~502~~614.1372 084,954.0092 23,~~053~~291,~~421~~951.5902 150 Days 0 0 07 01 08 0.00 0.00 01,674,458.0084 033,034.0094 01,707,493.0078 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals ~~139~~117 6676 1841 02 ~~223~~236 2016,~~101~~729,~~001~~509.9694 78,~~054~~162,~~508~~257.7096 36,~~002~~758,~~212~~526.6892 0117,989.0086 3031,~~157~~768,~~723~~284.3468 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 2.~~647975~~754237% 0.000000% 0.000000% 2.~~647975~~754237% 1.~~424317~~532643% 0.000000% 0.000000% 1.~~424317~~532643% 30 Days 53.~~244029~~760593% 0.~~674974~~688559% 0.~~000000~~688559% 0.000000% 5.~~919003~~137712% 32.~~848428~~818346% 0.~~425219~~422236% 0.~~000000~~469751% 0.000000% 43.~~273647~~710333% 60 Days 1.~~661475~~800847% 0.~~051921~~423729% 0.~~155763~~211864% 0.000000% 12.~~869159~~436441% 1.~~419672~~471857% 0.~~033554~~235649% 0.~~079064~~142617% 0.000000% 1.~~532289~~850123% 90 Days 0.~~259605~~423729% 0.~~051921~~052966% 0.~~259605~~688559% 0.000000% 01.~~571132~~165254% 0.~~537353~~390036% 0.~~168119~~043292% 0.~~236042~~500909% 0.000000% 0.~~941514~~934237% 120 Days 0.~~051921~~211864% 0.~~000000~~105932% 0.~~519211~~211864% 0.~~000000~~052966% 0.~~571132~~582627% 0.~~039230~~336541% 0.~~000000~~213846% 0.~~557835~~411315% 0.~~000000~~025476% 0.~~597065~~987178% 150 Days 0.000000% 0.000000% 0.~~000000~~370763% 0.~~000000~~052966% 0.~~000000~~423729% 0.000000% 0.000000% 0.~~000000~~502130% 0.~~000000~~009906% 0.~~000000~~512037% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 76.~~217030~~197034% 34.~~426791~~025424% 02.~~934579~~171610% 0.~~000000~~105932% 1112.~~578401~~500000% 5.~~844682~~016781% 2.~~051209~~447666% 02.~~872940~~026721% 0.~~000000~~035382% 89.~~768831~~526551%

Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 332,~~721~~855.8687

REO Detail - All Mortgage Loans in REO during Current Period

Summary 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 02 ~~Jun~~Jul-05 0.000% Original Principal Balance 0118,650.00 ~~Jul~~Aug-05 0.000% Current Actual Balance 0117,989.0086 ~~Aug~~Sep-05 0.000% ~~Sep~~Oct-05 0.000% Current REO Total ~~Oct~~Nov-05 0.000% Loans in REO 02 ~~Nov~~Dec-05 0.000% Original Principal Balance 0118,650.00 ~~Dec~~Jan-0506 0.000% Current Actual Balance 0117,989.0086 ~~Jan~~Feb-06 0.000% ~~Feb~~Mar-06 0.000% ~~Mar~~Apr-06 0.000% ~~Apr~~May-06 0.000% ~~May~~Jun-06 0.~~000~~035% *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 Loan Detail - All Mortgage Loans in REO during Current Period Month Loan First Original Loan Entered Payment LTV at Principal Group Number REO Date State Origination Balance NoGroup ~~REO~~2 ~~Loans~~0142996453 ~~this~~Jun-2006 ~~Period~~01-May-2005 MI 90.00 85,500.00 Group 2 0143322576 Jun-2006 20-Apr-2005 MS 85.00 33,150.00

REO Loan Detail - All Mortgage Loans in REO during Current Period (continued) Current Paid Current Approximate Loan Actual To Months Loan Delinquent Group Number Balance Date Delinquent Rate Interest NoGroup ~~REO~~2 ~~Loans~~0142996453 ~~this~~84,954.92 ~~Period~~01-Dec-2005 4 7.250% 1,976.51 Group 2 0143322576 33,034.94 20-Nov-2005 5 10.230% 1,096.70

Foreclosure Detail - All Mortgage Loans in Foreclosure during Current Period

Summary 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 829 ~~Jun~~Jul-05 0.000% Original Principal Balance 14,~~597~~357,~~061~~982.0076 ~~Jul~~Aug-05 0.000% Current Actual Balance 14,~~583~~292,~~530~~150.5239 ~~Aug~~Sep-05 0.000% ~~Sep~~Oct-05 0.000% Current Foreclosure Total ~~Oct~~Nov-05 0.000% Loans in Foreclosure 1841 ~~Nov~~Dec-05 0.000% Original Principal Balance 36,~~026~~842,~~857~~793.1176 ~~Dec~~Jan-0506 0.000% Current Actual Balance 36,~~002~~758,~~212~~526.6892 ~~Jan-06 0.000%~~ Feb-06 0.000% Mar-06 0.000% Apr-06 0.406% May-06 0.873% Jun-06 2.027% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com.

Foreclosure Loan Detail - All Mortgage Loans in Foreclosure during Current Period Month Loan First Original Loan Entered Payment LTV at Principal Group Number FC Date State Origination Balance Group 1 ~~0009330048~~0031746720 ~~Apr~~May-2006 01-May-2005 GA 74.95 44,900.00 Group 1 0034091132 Jun-2006 01-Oct-2003 TXMN 9399.1722 51156,~~896~~761.1100 Group 1 ~~0031746720~~0133302711 ~~May~~Jun-2006 01-~~May~~Dec-~~2005~~2003 GAFL 7485.9500 4473,~~900~~950.00 Group 1 0133812677 Jun-2006 01-Jan-2004 TX 69.23 90,000.00 Group 1 0138259908 Apr-2006 01-Aug-2004 NY 85.00 327,250.00 Group 1 1170002787 Jun-2006 01-Aug-2005 CA 94.27 117,842.72 Group 1 1170002903 Jun-2006 01-Dec-2005 TN 98.81 93,878.17 Group 1 1170015241 Jun-2006 01-Oct-2005 WA 103.28 165,252.52 Group 1 1170015310 Jun-2006 01-Dec-2005 TX 108.19 59,502.54 Group 1 1170015621 Jun-2006 01-Oct-2005 MN 93.67 163,919.19 Group 1 1170016182 Jun-2006 01-Dec-2005 FL 99.14 56,511.00 Group 1 1170016687 Jun-2006 01-Jun-2003 AK 98.45 182,141.00 Group 1 1170017201 Jun-2006 01-Sep-2001 OH 96.93 143,463.00 Group 1 1170017317 Jun-2006 01-Nov-2003 MN 99.15 136,822.00 Group 1 1172003493 Jun-2006 01-Dec-2005 UT 92.31 107,087.82 Group 1 1172004242 Jun-2006 01-Dec-2005 TX 102.65 105,728.59 Group 1 1172004701 Jun-2006 01-Dec-2005 TX 101.29 109,389.95 Group 1 1172005008 Jun-2006 01-Jan-2004 OH 98.73 70,593.00 Group 1 1172005041 May-2006 01-Jun-2003 TN 98.45 117,161.00 Group 1 1172005072 Jun-2006 01-Dec-2005 TX 102.67 96,863.06 Group 1 1172006297 Jun-2006 01-Jan-2004 NC 94.92 151,869.00 Group 1 5935248624 Jun-2006 01-Nov-2003 UT 101.16 135,555.88 Group 2 0000786512 Apr-2006 01-Oct-2002 NJ 86.95 400,000.00 Group 2 0011508066 Jun-2006 01-Oct-2005 CA 80.00 562,400.00 Group 2 0017508085 May-2006 01-Oct-2005 CA 80.00 504,000.00 Group 2 0040257592 Jun-2006 01-Apr-2005 GA 80.00 123,200.00 Group 2 0090044780 May-2006 01-Dec-2004 NY 69.83 412,000.00 Group 2 0120684970 Jun-2006 01-Feb-2005 GA 76.17 87,600.00 Group 2 0129606976 Jun-2006 01-Sep-2003 CA 73.89 300,000.00 Group 2 0133933457 Apr-2006 01-Apr-2004 IN 60.00 57,000.00 Group 2 ~~0142425974~~0140165515 ~~May~~Jun-2006 01-Feb-~~2005~~2006 IAVA 6399.6415 35198,~~000~~291.0088 Group 2 ~~0142996453~~0141042531 ~~Apr~~Jun-2006 01-~~May~~Dec-~~2005~~2004 MIMO 9084.0095 85152,~~500~~915.00 Group 2 ~~0143009785~~0142425974 ~~Apr~~May-2006 01-~~May~~Feb-2005 MNIA 7963.7664 ~~163~~35,~~500~~000.00 Group 2 ~~0143291813~~0142677541 ~~May~~Jun-2006 01-~~May~~Apr-2005 MOCA 7784.6172 52305,000.00 Group 2 ~~0143311397~~0143291813 May-2006 01-May-2005 ORMO 7477.8061 ~~187~~52,000.00 Group 2 ~~0143322576~~0143300002 ~~Apr~~Jun-2006 2001-~~Apr~~May-2005 MSCT 8579.0017 33152,~~150~~000.00 Group 2 ~~0143859692~~0143311397 ~~Apr~~May-2006 01-~~Jun~~May-2005 VAOR ~~100~~74.0080 ~~135~~187,000.00 Group 2 ~~0143939494~~0143474989 ~~Apr~~Jun-2006 01-Jun-2005 NCCA ~~100~~80.00 73169,~~000~~600.00 Group 2 0144361466 May-2006 01-Jun-2005 KY 100.00 245,000.00 Group 2 0144542677 Apr-2006 01-Jun-2005 WI 90.00 103,500.00 Group 2 1172005123 Jun-2006 01-Dec-2005 WI 105.95 89,845.44

Foreclosure Loan Detail - All Mortgage Loans in Foreclosure during Current Period (continued) Current Paid Current Approximate Loan Actual To Months Loan Delinquent Group Number Balance Date Delinquent Rate Interest Group 1 ~~0009330048~~0031746720 4843,~~395~~756.4983 01-Nov-2005 45 7.~~750~~000% ~~874~~946.7664 Group 1 ~~0031746720~~0034091132 43150,~~756~~269.8336 01-~~Nov~~Feb-~~2005~~2006 42 5.875% 2,687.17 Group 1 0133302711 72,353.65 01-Mar-2006 1 7.~~000~~750% ~~710~~1,310.3426 Group 1 0133812677 87,604.52 01-Mar-2006 1 8.875% 1,832.80 Group 1 0138259908 334,777.71 01-Nov-2005 45 6.625% 57,~~314~~082.39 Group 1 1170002787 116,866.90 01-Feb-2006 2 7.000% 2,527.89 Group 1 1170002903 93,265.49 01-Mar-2006 1 8.000% 1,745.80 Group 1 1170015241 164,416.12 01-Jan-2006 3 6.500% 3,284.05 Group 1 1170015310 58,290.87 01-Jan-2006 3 6.125% 1,090.92 Group 1 1170015621 162,805.76 01-Mar-2006 1 6.500% 2,439.23 Group 1 1170016182 56,284.29 01-Mar-2006 1 6.000% 773.12 Group 1 1170016687 185,151.07 01-Jan-2006 3 6.000% 3,476.41 Group 1 1170017201 135,683.66 01-Jan-2006 3 7.500% 3,224.50 Group 1 1170017317 132,578.81 01-Jan-2006 3 6.500% 2,710.30 Group 1 1172003493 106,702.14 01-Jan-2006 3 6.000% 1,952.61 Group 1 1172004242 105,263.88 01-Mar-2006 1 7.000% 1,708.80 Group 1 1172004701 108,853.46 01-Mar-2006 1 6.000% 1,494.87 Group 1 1172005008 68,561.93 01-Mar-2006 1 6.000% 941.62 Group 1 1172005041 112,983.31 01-Dec-2005 34 6.000% 2,067.57 Group 1 1172005072 96,~~551~~383.6318 01-Mar-2006 1 6.375% 1,413.99 Group 1 1172006297 144,046.80 01-Jan-2006 3 7.000% 3,174.24 Group 1 5935248624 128,299.32 01-Mar-2006 1 8.480% 2,554.02 Group 2 0000786512 389,025.80 01-Nov-2005 45 10.500% 912,~~719~~956.9919 Group 2 0011508066 565,957.84 01-Dec-2005 4 7.250% 12,321.36 Group 2 0017508085 504,000.00 01-Nov-2005 45 7.000% 810,~~190~~920.00 Group 2 0040257592 121,816.61 01-Feb-2006 2 6.000% 2,229.73 Group 2 0090044780 407,017.88 01-Dec-2005 34 7.300% 69,~~913~~213.3785 Group 2 0120684970 86,633.23 01-Feb-2006 2 7.000% 1,874.53 Group 2 0129606976 285,655.69 01-Dec-2005 4 3.875% 3,205.36 Group 2 0133933457 56,360.49 01-Nov-2005 45 11.375% 1,~~464~~984.1492 Group 2 ~~0142425974~~0140165515 34197,~~688~~963.0388 01-~~Jan~~Mar-2006 21 7.~~990~~500% ~~670~~3,461.2146 Group 2 ~~0142996453~~0141042531 84151,~~954~~893.9233 01-~~Dec~~Jan-~~2005~~2006 3 710.250% 14,~~483~~932.0195 Group 2 ~~0143009785~~0142425974 ~~162~~34,~~612~~688.8603 01-~~Nov~~Jan-~~2005~~2006 43 7.~~375~~990% ~~2,887~~893.1928 Group 2 ~~0143291813~~0142677541 51299,~~724~~473.1866 01-~~Jan~~Mar-2006 21 86.~~775~~490% 14,~~101~~480.0103 Group 2 ~~0143311397~~0143291813 ~~185~~51,~~504~~724.2918 01-Jan-2006 23 8.~~250~~775% 31,~~704~~467.8755 Group 2 ~~0143322576~~0143300002 33151,~~034~~147.9438 2001-~~Nov~~Jan-~~2005~~2006 43 108.~~230~~500% ~~822~~4,149.5975 Group 2 ~~0143859692~~0143311397 ~~134~~185,~~191~~504.2829 01-~~Dec~~Jan-~~2005~~2006 3 68.~~875~~250% 24,~~216~~938.6407 Group 2 ~~0143939494~~0143474989 72168,~~646~~558.6654 01-~~Dec~~Jan-~~2005~~2006 3 78.~~950~~050% 14,~~395~~237.4553 Group 2 0144361466 243,856.00 01-Nov-2005 45 7.375% 45,~~329~~770.7766 Group 2 0144542677 102,682.01 01-Nov-2005 45 7.950% 2,626.67 Group 2 1172005123 89,369.02 01-Mar-2006 1 5.000% 1,~~970~~004.7604

Bankruptcy Detail - All Mortgage Loans in Bankruptcy during Current Period

Summary 12 Month Bankruptcy History* New Bankruptcy Loans Month Bankruptcy Percentage Loans in Bankruptcy 309 ~~Jun~~Jul-05 0.000% Original Principal Balance 31,~~007~~030,~~380~~414.0070 ~~Jul~~Aug-05 0.000% Current Actual Balance 2984,~~825,377~~742.4642 ~~Aug~~Sep-05 0.000% ~~Sep~~Oct-05 0.000% Current Bankruptcy Total ~~Oct~~Nov-05 0.000% Loans in Bankruptcy 6676 ~~Nov~~Dec-05 0.000% Original Principal Balance 78,~~504~~675,~~149~~451.7040 ~~Dec~~Jan-0506 0.000% Current Actual Balance 78,~~054~~162,~~508~~257.7096 ~~Jan-06 0.000%~~ Feb-06 0.000% Mar-06 0.000% Apr-06 1.252% May-06 2.~~090~~051% Jun-06 2.448% *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 Group Loan Month Loan First State LTV at Original Number Entered Payment Origination Principal Bankruptcy Date Balance Group 1 0001543210 Apr-2006 01-Jul-1999 UT 79.67 119,500.00 Group 1 0007475909 Apr-2006 01-Jan-1999 UT 97.44 114,000.00 Group 1 0009304593 Jun-2006 01-Oct-2003 CO 99.77 144,638.16 Group 1 0009724030 Apr-2006 01-Mar-2002 NJ 92.08 140,887.00 Group 1 0015169873 Apr-2006 01-Dec-2002 IN 97.31 153,772.00 Group 1 0036755528 Jun-2006 01-Feb-2004 MI 98.36 60,981.00 Group 1 0040058405 Apr-2006 01-Aug-2003 CA 78.17 111,000.00 Group 1 0070304668 Apr-2006 01-May-2001 MD 98.59 142,950.00 Group 1 0125873117 Apr-2006 01-Feb-2003 OH 90.00 162,900.00 Group 1 0127713832 Apr-2006 01-May-2003 FL 95.00 80,750.00 Group 1 0185568938 Apr-2006 01-May-2003 TX 97.55 131,699.00 Group 1 1170015266 Apr-2006 01-Dec-2003 TX 98.45 73,289.00 Group 1 1170015513 Apr-2006 01-Apr-2001 NC 97.98 78,380.00 Group 1 1170016063 Apr-2006 01-Dec-2002 OK 95.37 73,915.00 Group 1 1170016527 Apr-2006 01-Jun-2003 TX 95.48 162,317.00 Group 1 1170016553 Apr-2006 01-Sep-2003 TX 99.22 155,769.00 Group 1 1170016581 May-2006 01-Jan-2004 FL 100.70 97,481.00 Group 1 1170016966 May-2006 01-Nov-2002 MO 99.22 91,774.00 Group 1 1170017002 May-2006 01-Sep-2003 IL 94.83 205,781.00 Group 1 1170017040 May-2006 01-Oct-2003 OH 96.45 173,630.00 Group 1 1170017050 May-2006 01-Nov-2001 NC 96.98 100,387.00 Group 1 1170017160 May-2006 01-Oct-2001 TN 98.45 81,717.00 Group 1 1170017186 May-2006 01-Nov-1997 TX 100.94 39,366.00 Group 1 1170017493 May-2006 01-Aug-1994 UT 99.95 79,959.00 Group 1 1172002809 Jun-2006 01-Dec-2005 MO 101.55 148,261.99 Group 1 1172002903 Apr-2006 01-Aug-2000 AL 97.98 89,165.00 Group 1 1172003260 Apr-2006 01-Sep-2002 MI 98.78 92,857.00 Group 1 1172003310 Apr-2006 01-Dec-2002 NJ 100.00 92,822.00 Group 1 1172003351 May-2006 01-Dec-2002 NC 99.22 99,216.00 Group 1 1172003420 Apr-2006 01-Jan-2003 TN 97.84 78,764.00 Group 1 1172004762 May-2006 01-Aug-1999 AR 93.89 61,968.00 Group 1 1172004764 May-2006 01-Jun-2003 AR 98.38 129,860.00 Group 1 1172004905 May-2006 01-Sep-2003 MI 95.47 81,150.00 Group 1 1172005043 May-2006 01-Aug-1999 TN 98.19 55,971.00 Group 1 1172005120 May-2006 01-Jan-2003 WA 101.26 134,671.00 Group 1 1172005226 May-2006 01-Sep-1999 GA 97.68 64,468.00 Group 1 1172005270 Jun-2006 01-Dec-2000 IL 97.08 137,850.00 Group 1 1172005310 May-2006 01-Jul-2004 IL 94.13 118,600.00 Group 1 1172005312 May-2006 01-Aug-1998 IN 97.27 108,947.00 Group 1 1172005324 Jun-2006 01-Oct-2002 IN 97.26 109,909.00 Group 1 1172005396 May-2006 01-Dec-2001 MI 96.16 127,890.00 Group 1 1172005404 May-2006 01-Jul-2003 MI 99.22 113,106.00 Group 1 1172005651 Jun-2006 01-Jul-2000 PA 99.18 59,410.00 Group 1 1172005753 May-2006 01-Apr-1999 UT 101.14 116,820.00 Group 1 1172005770 May-2006 01-May-2001 VA 98.78 146,200.00 Group 1 1172005807 May-2006 01-Jan-2004 AR 99.17 95,700.00 Group 1 1172005850 May-2006 01-Nov-2001 GA 97.15 51,491.00 Group 1 1172006230 May-2006 01-May-2004 MI 96.38 38,550.00 Group 1 1172006332 May-2006 01-May-2003 OR 89.98 74,236.00 Group 1 1172006387 May-2006 01-Jul-1994 TX 99.93 85,941.00 Group 1 1175001682 Jun-2006 01-Jan-1999 FL 95.64 94,683.00 Group 1 1175002436 May-2006 01-Oct-1997 VA 92.28 83,050.00 Group 1 1511683494 Apr-2006 01-Mar-1999 TN 80.00 56,000.00 Group 1 1513594170 Apr-2006 01-Aug-1998 UT 92.36 111,750.00 Group 1 1565223884 Apr-2006 01-Dec-1998 OR 79.84 198,000.00 Group 1 1602116225 Apr-2006 01-Mar-1999 IL 77.06 63,200.00 Group 2 0002155240 Apr-2006 01-Sep-2003 IN 90.58 99,641.70 Group 2 0004476404 Jun-2006 01-Nov-2005 OH 80.55 144,981.55 Group 2 0124498502 Apr-2006 01-Dec-2002 MI 89.64 225,000.00 Group 2 0130832561 Apr-2006 01-Oct-2003 NC 78.52 100,500.00 Group 2 0131859548 Apr-2006 01-Oct-2003 PA 50.70 25,350.00 Group 2 0133240234 Apr-2006 01-Dec-2003 KS 80.00 122,800.00 Group 2 0133443002 Apr-2006 01-Dec-2003 NJ 70.00 166,600.00 Group 2 0133554766 Apr-2006 01-Jan-2004 WV 90.00 78,300.00 Group 2 0143162121 Apr-2006 08-Apr-2005 OH 90.00 60,300.00 Group 2 0201913555 Apr-2006 01-Feb-2005 CA 67.65 575,000.00 Group 2 0618967020 Apr-2006 01-May-2003 NC 75.00 153,750.00 Group 2 0818767725 Apr-2006 01-Oct-1998 CA 80.00 119,920.00 Group 2 1170015873 Apr-2006 01-May-1998 NC 97.25 89,468.00 Group 2 1172002792 Apr-2006 01-Sep-1999 MI 96.95 74,650.00 Group 2 1172004629 Apr-2006 01-Jul-1997 OH 97.59 118,691.00 Group 2 1172004858 May-2006 01-Jul-1997 IN 99.44 79,550.00 Group 2 1172005317 May-2006 01-Sep-1999 IN 100.00 112,681.00 Group 2 1172005555 May-2006 01-Jul-2003 OH 89.84 157,219.00 Group 2 1174005984 Jun-2006 01-Dec-1997 MD 99.77 129,700.00 Group 2 9169505915 Apr-2006 01-Jan-1991 CA 87.27 144,000.00

Bankruptcy Detail - All Mortgage Loans in Bankruptcy during Current Period (continued) Group Loan Current Paid To Months Current Approximate Number Actual Date Delinquent Loan Rate Delinquent Balance Interest Group 1 0001543210 109,~~525~~370.4668 01-~~Mar~~Apr-2006 0 7.125% 1,~~208~~206.4977 Group 1 0007475909 ~~103~~102,~~292~~984.2508 01-~~Feb~~Apr-2006 10 7.250% 1,~~804~~200.9258 Group 1 0009304593 137,718.49 01-Feb-2006 2 4.500% 1,831.46 Group 1 0009724030 134,919.46 01-Dec-2005 4 7.500% 3,143.13 Group 1 0015169873 147,~~581~~235.9796 01-~~Mar~~May-2006 0 6.500% 1,~~474~~473.9623 Group 1 ~~0040058405~~0036755528 9859,~~260~~419.4376 01-Mar-2006 1 6.500% 890.34 Group 1 0040058405 97,825.74 01-Apr-2006 0 6.500% ~~980~~976.4307 Group 1 0070304668 135,~~254~~100.7961 01-~~Apr~~May-2006 0 7.500% 1,~~578~~577.8607 Group 1 0125873117 157,~~935~~791.7405 01-~~Apr~~May-2006 0 7.875% 1,~~942~~940.1739 Group 1 0127713832 7773,~~491~~772.6035 01-~~May~~Jun-2006 (1) 6.000% 355.6117 Group 1 0185568938 124,~~741~~575.1021 01-~~Feb~~Mar-2006 1 6.000% 1,~~712~~710.9060 Group 1 1170015266 68,~~584~~409.7482 01-~~Apr~~May-2006 0 6.500% ~~686~~684.7197 Group 1 1170015513 73,~~974~~886.1034 01-~~Mar~~Apr-2006 0 7.250% ~~831~~830.72 Group 1 1170016063 71,~~270~~194.2220 01-~~Feb~~Mar-2006 1 7.000% 1,~~156~~155.9066 Group 1 1170016527 156,344.75 01-Mar-2006 01 6.000% 12,~~432~~147.2911 Group 1 1170016553 ~~150~~149,~~299~~907.1107 01-~~Feb~~Apr-2006 10 5.500% 1,~~876~~248.2940 Group 1 1170016581 94,~~793~~572.6413 01-~~Feb~~Apr-2006 10 6.000% ~~1,337~~890.4003 Group 1 1170016966 87,~~619~~512.5750 01-~~Apr~~May-2006 0 6.375% ~~880~~879.3731 Group 1 1170017002 198,~~296~~037.6208 01-~~Mar~~Apr-2006 0 5.500% 1,~~700~~698.9370 Group 1 1170017040 167,~~619~~175.2124 01-~~Feb~~Apr-2006 10 5.375% 21,~~102~~399.9316 Group 1 1170017050 93,~~432~~309.7892 01-~~Apr~~May-2006 0 7.000% 1,~~036~~034.2286 Group 1 1170017160 77,~~466~~374.7698 01-~~Mar~~Apr-2006 0 7.000% ~~858~~857.0806 Group 1 1170017186 35,~~525~~473.6362 01-~~Apr~~May-2006 0 8.000% ~~453~~452.2862 Group 1 1170017493 69,103.11 01-Mar-2006 01 9.000% ~~995~~1,491.3364 Group 1 1172002809 147,494.06 01-Mar-2006 1 5.500% 1,841.24 Group 1 1172002903 84,~~466~~379.7445 01-~~Mar~~Apr-2006 0 8.500% 1,~~125~~124.6548 Group 1 1172003260 88,~~953~~854.2334 01-~~May~~Jun-2006 (1) 7.000% ~~482~~481.3783 Group 1 1172003310 88,~~981~~876.1442 01-~~Apr~~May-2006 0 6.500% ~~890~~889.3328 Group 1 1172003351 92,~~688~~592.1152 01-~~Mar~~Apr-2006 0 7.250% 1,~~065~~064.3625 Group 1 1172003420 75,491.55 01-Feb-2006 12 6.000% 1,~~036~~381.7039 Group 1 1172004762 56,~~537~~778.6115 01-~~Sep~~Jun-2006 (51) 7.250% 0326.0093 Group 1 1172004764 124,~~866~~546.3657 01-~~Mar~~May-2006 0 5.750% 1,~~123~~121.0864 Group 1 1172004905 78,~~172~~070.9042 01-~~Mar~~Apr-2006 0 5.500% ~~670~~669.5466 Group 1 1172005043 51,~~968~~903.4263 01-~~Feb~~Mar-2006 1 7.875% ~~976~~975.4321 Group 1 1172005120 ~~129~~128,~~004~~847.7950 01-~~Apr~~May-2006 0 6.250% 1,~~269~~267.3177 Group 1 1172005226 59,~~893~~819.8647 01-~~Mar~~Apr-2006 0 7.875% ~~750~~749.7076 Group 1 1172005270 131,813.79 01-Feb-2006 2 9.000% 3,795.38 Group 1 1172005310 115,~~790~~653.5223 01-~~Mar~~Apr-2006 0 5.750% 1,~~041~~040.5026 Group 1 1172005312 98,~~907~~763.4382 01-~~Mar~~Apr-2006 0 7.500% 1,~~177~~176.7807 Group 1 1172005324 105,545.05 01-Feb-2006 2 6.750% 2,247.81 Group 1 1172005396 121,400.03 01-Apr-2006 0 7.000% 1,~~346~~344.3072 Group 1 1172005404 109,177.09 01-May-2006 ~~(1)~~0 6.500% ~~560~~1,119.1670 Group 1 1172005651 56,280.12 01-Feb-2006 2 8.500% 1,526.56 Group 1 1172005753 107,~~709~~568.1798 01-~~Apr~~May-2006 0 7.875% 1,~~351~~349.7297 Group 1 1172005770 137,~~957~~789.3947 01-~~Feb~~Mar-2006 1 7.000% 2,~~290~~287.7494 Group 1 1172005807 92,~~800~~692.7695 01-~~May~~Jun-2006 (1) 6.125% ~~447~~446.1260 Group 1 1172005850 49,~~091~~037.0078 01-~~Mar~~Apr-2006 0 7.500% 584.6905 Group 1 1172006230 37,~~699~~661.5456 01-~~Apr~~May-2006 0 6.750% ~~402~~401.3293 Group 1 1172006332 70,~~807~~596.1739 01-~~Apr~~Jun-2006 0(1) 6.000% ~~667~~332.2095 Group 1 1172006387 72,~~821~~676.99 01-~~Mar~~Apr-2006 0 8.500% ~~988~~986.1821 Group 1 1175001682 86,561.09 01-Jun-2006 (1) 7.750% 534.53 Group 1 1175002436 73,~~340~~218.5220 01-~~Apr~~May-2006 0 7.500% ~~874~~873.7024 Group 1 1511683494 36,~~657~~367.1210 01-~~Apr~~May-2006 0 7.500% ~~429~~425.3698 Group 1 1513594170 ~~101~~100,~~092~~940.2266 01-~~Feb~~Mar-2006 1 7.250% 1,~~703~~700.3779 Group 1 1565223884 176,~~683~~395.8639 01-~~Apr~~May-2006 0 6.875% 1,~~878~~875.7873 Group 1 1602116225 5554,~~037~~842.6994 01-~~Apr~~Jun-2006 0(1) 7.875% ~~677~~337.1366 Group 2 0002155240 93,595.32 01-Mar-2006 01 5.625% ~~798~~1,196.6164 Group 2 0004476404 144,366.49 01-Jan-2006 3 7.125% 3,182.91 Group 2 0124498502 220,~~312~~203.7095 01-~~Feb~~Mar-2006 1 1112.~~250~~125% 56,~~917~~075.9642 Group 2 0130832561 96,323.34 01-Feb-2006 12 4.375% ~~931~~1,241.6826 Group 2 0131859548 24,~~739~~726.3642 01-~~Mar~~Apr-2006 0 10.500% 412.2200 Group 2 0133240234 118,~~922~~830.0751 01-~~Mar~~Apr-2006 0 89.~~375~~250% 1,~~560~~645.2663 Group 2 0133443002 162,~~362~~198.3915 01-~~Mar~~Apr-2006 0 6.875% 1,~~724~~722.2348 Group 2 0133554766 76,~~320~~273.4227 01-~~Mar~~Apr-2006 0 9.500% 1,~~144~~143.4574 Group 2 0143162121 59,928.09 08-Mar-2006 01 9.500% ~~924~~1,385.1483 Group 2 0201913555 578,195.79 01-Dec-2005 34 7.125% 912,~~576~~768.3952 Group 2 0618967020 150,~~451~~502.3048 01-~~Apr~~May-2006 0 6.~~251~~511% 1,~~440~~473.6093 Group 2 0818767725 115,397.23 01-~~Jan~~Feb-2006 2 56.~~968~~361% 12,~~577~~141.4911 Group 2 1170015873 77,~~511~~358.2521 01-~~Mar~~Apr-2006 0 5.375% ~~629~~627.1691 Group 2 1172002792 67,251.63 01-Feb-2006 12 5.500% ~~839~~1,117.1994 Group 2 1172004629 102,875.03 01-May-2006 ~~(1)~~0 6.000% ~~472~~943.4496 Group 2 1172004858 7069,~~046~~913.2618 01-~~Apr~~May-2006 0 6.250% ~~689~~688.4313 Group 2 1172005317 100,~~755~~413.6783 01-~~Mar~~May-2006 0 5.750% ~~906~~904.0349 Group 2 1172005555 ~~150~~149,~~083~~685.5510 01-~~Mar~~May-2006 0 5.500% 1,~~287~~285.3665 Group 2 1174005984 115,543.57 01-Mar-2006 1 6.375% 1,694.01 Group 2 9169505915 103,025.51 01-May-2006 ~~(1)~~0 6.~~140~~297% ~~487~~985.4111

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. ~~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 0.000% N/A Mar-2006 0.000% 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 Jun-2006 0.000% N/A Jun-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. ~~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 0.000% N/A Mar-2006 0.000% 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 Jun-2006 0.000% N/A Jun-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 Total 2238 410,~~942~~447,~~904~~616.0045 410,~~869~~043,~~384~~636.5374 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 Total 0 0.00 0.00 0 0.00 0.00 64192,~~337~~991.8532

Prepayment Loan Detail - Prepayments during Current Period First Original Loan LTV at Payment Principal Prepayment Group Number State Origination Date Balance Amount Group 1 ~~0007102861~~0004014015 OHNY 7980.7313 01-~~Oct~~Jun-~~1998~~2004 6164,~~400~~100.00 5562,~~051~~759.2940 Group 1 ~~0027242957~~0033861063 TNSC 7450.0900 01-~~Jun~~Jul-2005 160,000.00 153,213.33 Group 1 0126574557 CA 45.45 01-Mar-2003 77150,~~800~~000.00 129,552.82 Group 1 0142650340 WA 80.00 01-Oct-2004 370,000.00 362,720.42 Group 1 0200502044 AZ 88.67 01-Apr-2004 53,~~797~~200.00 51,302.05 Group 1 ~~0142711225~~1139188406 ILNY 90.00 01-~~Apr~~Mar-~~2005~~2004 ~~427~~36,~~500~~000.00 ~~422~~35,~~306~~004.3556 Group 1 ~~0145655114~~1170016851 CAFL 5398.3608 01-~~Sep~~Jul-~~2005~~2003 132,406.00 133,~~400~~922.50 Group 1 1172005969 NY 87.69 01-Apr-2004 280,596.00 ~~129~~272,~~846~~901.1628 Group 1 ~~0147471528~~1174001954 FLCA 8399.4811 01-Nov-~~2005~~2001 5758,~~600~~972.00 5756,~~229~~033.87 Group 1 1174010713 PA 109.25 01-Nov-2005 105,972.45 105,032.26 Group 2 ~~0000807744~~0000216195 MOCA 6982.7808 01-~~Sep~~Jul-2005 54435,~~425~~000.00 54435,~~425~~000.00 Group 2 ~~0085276822~~0000428977 NJKS 8579.3329 01-~~Dec~~Oct-~~2004~~2005 ~~320~~88,~~000~~800.00 ~~318~~88,~~861~~800.5000 Group 2 ~~0085908150~~0031134646 NJSC 7380.7200 01-Jun-2005 ~~423~~576,~~900~~000.00 ~~428~~583,~~074~~589.3259 Group 2 ~~0086116860~~0033597212 ILGA 8079.0034 01-May-2005 ~~440~~484,000.00 ~~444~~484,~~027~~000.1800 Group 2 ~~0086159571~~0033619057 NJGA 80.00 01-~~May~~Jul-2005 ~~380~~184,000.00 ~~385~~184,~~422~~000.1400 Group 2 ~~0125438879~~0033660788 SCTN 8565.00 01-~~Jan~~Jul-~~2003~~2005 40276,~~800~~250.00 39274,~~670~~632.6652 Group 2 ~~0132164575~~0034134833 WAFL 8479.7573 01-~~Oct~~Jun-~~2003~~2005 ~~150~~144,~~000~~320.00 ~~146~~144,~~960~~311.7192 Group 2 ~~0134921766~~0034171991 DCGA 5711.0676 01-~~Feb~~Jul-2005 ~~307~~200,000.00 ~~303~~200,~~765~~000.7100 Group 2 ~~0140058769~~0084981364 VANJ 6266.5995 01-Nov-2004 ~~266~~375,000.00 ~~262~~31,~~217~~162.7482 Group 2 ~~0143333649~~0085510428 MOMN 8578.0061 01-~~May~~Jan-2005 53231,~~550~~900.00 53230,~~059~~764.7686 Group 2 ~~0143342707~~0085647386 IACA 7577.95 01-Feb-2005 487,200.00 491,457.86 Group 2 0086607520 AZ 79.64 01-Jun-2005 ~~138~~176,~~750~~000.00 ~~137~~179,~~911~~307.96 Group 2 0091004310 CA 68.48 01-May-2005 999,950.00 1,020,840.72 Group 2 ~~0143866267~~0130746498 IL 9075.00 01-~~Jun~~Aug-2003 277,500.00 268,297.93 Group 2 0132508144 VA 81.50 01-Apr-2004 138,550.00 135,879.48 Group 2 0141441089 MD 80.00 01-Feb-2005 ~~236~~132,~~700~~000.00 ~~234~~130,~~116~~162.4212 Group 2 ~~1050800093~~0141648972 CA 6761.46 01-Feb-2005 350,000.00 344,381.56 Group 2 0142416635 NJ 80.00 01-~~Oct~~Feb-2005 ~~240~~224,000.00 ~~243~~221,~~077~~127.2029 Group 2 ~~1170017531~~0142815836 COCA 9970.2000 01-Oct-2004 285,600.00 285,527.07 Group 2 0143168045 NJ 90.00 01-May-2005 143,100.00 142,114.33 Group 2 0143324135 FL 90.00 01-May-2005 91,800.00 90,830.49 Group 2 0201928553 MD 87.72 01-Sep-~~2002~~2005 ~~230~~250,~~139~~000.00 ~~212~~247,~~853~~927.97 Group 2 ~~1900001102~~0202344552 CANJ 6876.1323 01-~~Mar~~Jun-2005 ~~545~~648,000.00 ~~544~~660,~~545~~987.8329 Group 2 ~~3900011963~~1172005385 NCMD 8899.7627 01-~~Mar~~Jun-~~2002~~1999 ~~284~~142,~~040~~750.00 ~~267~~126,~~234~~428.5686 Group 2 ~~7009136834~~1174001875 FLWI 7899.8453 1501-~~Aug~~Jun-~~1988~~1996 74,~~900~~650.00 6362,~~001~~946.5035 Group 2 1900001111 IN 90.00 01-Apr-2005 315,000.00 313,668.52 Group 2 6041836211 CA 79.52 01-Jul-2005 330,000.00 330,000.00 Group 2 6149059062 CA 65.00 01-Jul-2005 975,000.00 975,000.00

Prepayment Loan Detail - Prepayments during Current Period (continued) Current Loan PIF Months Loan Original Group Number Type Delinquent Rate Term Seasoning Group 1 ~~0007102861~~0004014015 Loan Paid in Full 0 67.~~125~~375% 360 9124 Group 1 ~~0027242957~~0033861063 Loan Paid in Full (1) 6.000% 180 11 Group 1 0126574557 Loan Paid in Full 1 7.750% 180 39 Group 1 0142650340 Loan Paid in Full 0 6.750% 360 20 Group 1 0200502044 Loan Paid in Full 0 5.875% 360 26 Group 1 1139188406 Loan Paid in Full 0 6.625% 360 27 Group 1 1170016851 Loan Paid in Full 0 5.500% 360 35 Group 1 ~~0142711225~~1172005969 Loan Paid in Full 0 76.375% 360 1326 Group 1 ~~0145655114~~1174001954 Loan Paid in Full 01 67.500% 360 855 Group 1 ~~0147471528~~1174010713 Loan Paid in Full 0 6.500% ~~360~~331 7 Group 2 0000216195 Loan Paid in Full 0 6.590% 360 11 Group 2 ~~0000807744~~0000428977 Loan Paid in Full 0 7.~~125~~500% 360 8 Group 2 ~~0085276822~~0031134646 Loan Paid in Full 0 76.~~250~~511% 360 1712 Group 2 ~~0085908150~~0033597212 Loan Paid in Full 0 75.~~250~~375% 360 13 Group 2 0033619057 Loan Paid in Full 0 5.625% 360 11 Group 2 ~~0086116860~~0033660788 Loan Paid in Full (1) 5.750% 360 11 Group 2 0034134833 Loan Paid in Full 0 75.~~250~~750% 360 12 Group 2 ~~0086159571~~0034171991 Loan Paid in Full 0 5.875% 360 11 Group 2 0084981364 Loan Paid in Full 0 7.500% 360 19 Group 2 0085510428 Loan Paid in Full 0 7.250% 360 17 Group 2 0085647386 Loan Paid in Full 0 6.500% 360 16 Group 2 0086607520 Loan Paid in Full 0 7.500% 360 12 Group 2 ~~0125438879~~0091004310 Loan Paid in Full ~~(1)~~0 107.125% 360 4013 Group 2 ~~0132164575~~0130746498 Loan Paid in Full 0 119.~~750~~625% 360 3134 Group 2 ~~0134921766~~0132508144 Loan Paid in Full 30 89.~~350~~750% 360 1526 Group 2 ~~0140058769~~0141441089 Loan Paid in Full 42 7.~~750~~250% 360 1816 Group 2 ~~0143333649~~0141648972 Loan Paid in Full 02 96.~~125~~500% 360 1216 Group 2 ~~0143342707~~0142416635 Loan Paid in Full 1 7.675% 360 16 Group 2 0142815836 Loan Paid in Full 3 5.875% 360 20 Group 2 0143168045 Loan Paid in Full 0 9.750% 360 1113 Group 2 ~~0143866267~~0143324135 Loan Paid in Full 0 67.625% 360 1113 Group 2 ~~1050800093~~0201928553 Loan Paid in Full 0 7.~~250~~300% 360 9 Group 2 0202344552 Loan Paid in Full 0 7.500% 360 12 Group 2 ~~1170017531~~1172005385 Loan Paid in Full 10 56.~~750~~625% 360 4484 Group 2 ~~1900001102~~1174001875 Loan Paid in Full 0 46.~~875~~625% 360 120 Group 2 1900001111 Loan Paid in Full 0 7.625% 360 14 Group 2 ~~3900011963~~6041836211 Loan Paid in Full 0 86.~~250~~000% 360 5011 Group 2 ~~7009136834~~6149059062 Loan Paid in Full 0 56.~~500~~625% ~~480~~360 ~~213~~11

Prepayment - Voluntary Prepayments

Summary SMM CPR PSA Current Month 12.~~416~~982% Current Month 1530.~~731~~457% Current Month ~~489~~892.~~598~~374% 3 Month Average 1.~~274~~929% 3 Month Average 1420.~~238~~545% 3 Month Average ~~469~~630.~~521~~741% 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. ~~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 11.536% N/A Mar-2006 408.714% N/A Apr-2006 15.447% N/A Apr-2006 510.250% N/A May-2006 15.731% N/A May-2006 489.598% N/A Jun-2006 30.457% N/A Jun-2006 892.374% 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~~Breaches ~~Rate~~Current ~~Stratification~~Loan ~~Summary~~Scheduled Current Current Number ofBalance ~~Outstanding Percentage of Interest~~ Rate ~~Loans~~Payment ~~Scheduled~~No ~~Balance(%)~~Breaches ~~Range(%)~~this Balance($) < 3.500 0 0.00 0.000 3.500 3.999 30 9,350,170.61 2.721 4.000 4.499 29 8,259,450.52 2.404 4.500 4.999 82 22,320,117.95 6.496 5.000 5.499 184 43,909,842.62 12.779 5.500 5.999 337 63,499,168.98 18.481 6.000 6.499 462 71,365,550.23 20.770 6.500 6.999 348 55,887,832.14 16.266 7.000 7.499 199 39,569,926.26 11.516 7.500 7.999 96 13,655,686.22 3.974 8.000 8.499 67 7,277,360.44 2.118 8.500 8.999 31 2,679,051.07 0.780 9.000 9.499 23 2,323,031.76 0.676 9.500 9.999 16 1,365,114.55 0.397 10.000 10.499 12 1,138,190.07 0.331 10.500 10.999 5 377,693.74 0.110 11.000 11.499 4 593,217.89 0.173 11.500 11.999 0 0.00 0.000 12.000 12.499 0 0.00 0.000 12.500 12.999 0 0.00 0.000 13.000 13.499 0 0.00 0.000 >= 13.750 1 25,053.06 0.007 Total 1,926 343,596,458.11 100.000Period

~~Supplemental~~Interest ~~Reporting~~Rate ~~Distribution~~Stratification ~~Date~~Summary ~~The~~Current ~~25th~~Number ~~day~~ of ~~each~~Outstanding ~~calendar~~Percentage ~~month after the initial issuance~~ of ~~the Certificates, or if such 25th day is not a Business Day, the next succeeding Business Day, commencing in March 2006.~~ Interest ~~Accrual~~Rate ~~Period~~Loans ~~The~~Scheduled ~~accrual~~Balance(%) ~~period for the offered certificates will be the period from and including the preceding distribution date~~ Range(or%) ~~from the closing date, in the case of the first distribution date~~Balance($) to< ~~and~~3.500 ~~including~~0 ~~the day prior to the current distribution date~~0.00 ~~Investors will be notified of a pass-through rate adjustment through the monthly distribution reports~~0.000 ~~Interest Determination Date Shall mean the second LIBOR Business Day preceding the commencement of each Interest Accrual Period~~3.500 ~~LIBOR Business Day Shall mean a day on which banks are open for dealing in foreign currency and exchange in London and New York City~~3.999 ~~One~~30 ~~Month LIBOR With respect to any Interest Accrual Period and the LIBOR Certificates~~9,346,903.17 ~~the rate determined by the Securities Administrator on the related Interest Determination Date on the basis of the rate for U~~2.S.806 ~~dollar deposits for one month that appears on Telerate Screen Page 3750 as of 11:00 a~~4.m.000 ~~(London time) on such Interest Determination Date~~4.499 If29 ~~such rate does not appear on such page (or such other page as may replace that page on that service~~8, ~~or if such service is no longer offered~~249,922.70 ~~such~~2.476 ~~other~~4.500 ~~service~~4.999 ~~for~~82 ~~displaying One-Month Rate is available~~22,302,063.75 ~~One-Month~~6.694 ~~LIBOR~~5.000 ~~shall be One-Month LIBOR applicable to the preceding Interest Accrual Period~~5.499 ~~The~~180 establishment of One-Month LIBOR on each Interest Determination Date by the Securities Administrator and the Securities Administrator's calculation of the rate of interest applicable to the LIBOR Certificates for the related Interest Accrual Period shall42,397,949.86 in12.726 ~~the~~5.500 ~~absence~~5.999 of323 ~~manifest error~~59,862,778.40 be17.968 ~~final~~6.000 ~~and binding~~6.499 ~~LIBOR~~455 ~~or comparable rates as may be reasonably selected by the Securities Administrator)~~68,992,737.13 ~~One-Month~~20.709 ~~LIBOR~~6.500 ~~for the applicable Interest Accrual Period will be the Reference Bank Rate~~6.999 If331 ~~no such quotations can be obtained by the Securities Administrator and no Reference Bank~~49,368,345.16 ~~Closing Date March~~ 14,.818 ~~2006~~7.000 ~~Specified~~7.499 ~~Overcollateralization~~209 ~~Amount With respect to the Mortgage Loans the first Distribution Date~~44,144,682.70 $013.250 ~~With~~7.500 ~~respect~~7.999 to91 ~~the Mortgage Loans and any subsequent Distribution Date (i) prior to the Stepdown Date~~12,775,537.20 3.~~25%~~835 of8.000 ~~the~~8.499 ~~aggregate~~67 ~~Cut-off Date Principal Balance of the Mortgage Loans and (ii) on and after the Stepdown Date~~7,408,043.84 ~~provided~~2.224 a8.500 ~~Trigger~~8.999 ~~Event~~31 ~~is not in effect~~2,677,200.42 ~~the~~0.804 ~~greater~~9.000 ~~of (a) 6~~9.~~50%~~499 of23 the Stated Principal Balance of the Mortgage Loans as of the last day of the related Due Period (after reduction for Realized Losses incurred during the related Due Period and prepayments received during the related Prepayment Period) and (b) the Overcollateralization Floor or (iii) on and after the Stepdown Date and if a Trigger Event is in effect2,171,865.40 ~~the~~0.652 ~~Specified~~9.500 ~~Overcollateralization Amount for the immediately preceding Distribution Date~~9.999 ~~Rocord~~13 ~~Date With respect to each Class of Certificates (except the Adjustable Rate Certificates) and (a) the first Distribution Date~~1, ~~the Closing Date~~013,037.44 ~~and~~0.304 ~~(b)~~10.000 ~~with~~10.499 ~~respect~~11 ~~to any other Distribution Date~~1,060,362.42 ~~the~~0.318 ~~close~~10.500 ~~of business on the last Business Day of the month preceding the month in which such Distribution Date occurs~~10.999 ~~With~~7 ~~respect to the Adjustable Rate Certificates and any Distribution Date~~692,912.52 so0.208 ~~long~~11.000 as11.499 ~~such~~4 ~~Certificates are Book-Entry Certificates~~450,291.53 ~~the~~0.135 ~~Business~~11.500 ~~Day~~11.999 ~~preceding~~1 ~~such Distribution Date~~219,888.63 ~~and~~0.066 ~~otherwise,~~12.000 ~~the~~12.499 ~~close~~0 of0.00 ~~business~~0.000 on12.500 ~~the~~12.999 ~~last~~0 ~~Business~~0.00 ~~Day~~0.000 of13.000 ~~the~~13.499 ~~month~~0 ~~preceding~~0.00 ~~the~~0.000 ~~month~~>= in13.750 ~~which~~1 ~~such~~25,021.69 ~~Distribution Date occurs~~0.008 ~~Servicer~~Total ~~Remittance Date With respect to each Mortgage Loan and related Servicer~~1,888 ~~the date set forth in the related Servicing Agreement~~333,159,543.96 ~~when the related Servicer is required to remit funds in the related Protected Account to the Master Servicer~~100.000

Filing Compare · Bear Stearns Asset Backed Securities Trust 2006-SD1