10-D 1 nel06he1_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: 333-126435-05 Nomura Home Equity Loan, Inc., Home Equity Loan Trust, Series 2006-HE1 (Exact name of issuing entity as specified in its charter) Commission File Number of depositor: 333-126435 Nomura Home Equity Loan, Inc. (Exact name of depositor as specified in its charter) Nomura Credit & Capital, Inc. (Exact name of sponsor as specified in its charter) New York (State or other jurisdiction of incorporation or organization of the issuing entity) 54-2196585 54-2196586 54-2196587 (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-1 _____ _____ __X___ ____________ A-2 _____ _____ __X___ ____________ A-3 _____ _____ __X___ ____________ A-4 _____ _____ __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___ ____________ B-1 _____ _____ __X___ ____________ B-2 _____ _____ __X___ ____________ X _____ _____ __X___ ____________ R _____ _____ __X___ ____________ P _____ _____ __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 Nomura Home Equity Loan, Inc., Home Equity Loan Trust, Series 2006-HE1. 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 Nomura Home Equity Loan, Inc., Home Equity Loan Trust, Series 2006-HE1, 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. Nomura Home Equity Loan, Inc., Home Equity Loan Trust, Series 2006-HE1 (Issuing Entity) Wells Fargo Bank, N.A. (Master Servicer) /s/ Kristen Ann Cronin Kristen Ann Cronin, Vice President Date: July 5, 2006 EXHIBIT INDEX Exhibit Number Description EX-99.1 Monthly report distributed to holders of Nomura Home Equity Loan, Inc., Home Equity Loan Trust, Series 2006-HE1, relating to the June 26, 2006 distribution. EX-99.1 Nomura Home Equity Loan Inc. Asset Backed Certificates Distribution Date: 6/26/2006 Nomura Home Equity Loan Inc. Asset Backed Certificates Series 2006-HE1 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-1 65536HCN6 5.~~03938~~16125% ~~465~~437,~~308~~493,~~475~~558.5820 12,~~954~~007,~~055~~123.1922 A-2 65536HCP1 5.~~10938~~23125% 69,323,000.00 ~~295~~322,~~164~~351.6295 A-3 65536HCQ9 5.~~16938~~29125% 134,108,000.00 ~~577~~630,~~712~~754.6863 A-4 65536HCR7 5.~~24938~~37125% 13,665,000.00 5965,~~777~~242.3178 M-1 65536HCS5 5.~~36938~~49125% 43,129,000.00 ~~192~~210,~~979~~517.9944 M-2 65536HCT3 5.~~37938~~50125% 39,208,000.00 ~~175~~191,~~762~~727.2812 M-3 65536HCU0 5.~~38938~~51125% 24,505,000.00 ~~110~~120,~~055~~047.6327 M-4 65536HCV8 5.~~49938~~62125% 22,055,000.00 ~~101~~110,~~074~~201.0248 M-5 65536HCW6 5.~~53938~~66125% 21,074,000.00 97106,~~280~~049.7505 M-6 65536HCX4 5.~~62938~~75125% 19,114,000.00 8997,~~666~~715.6402 M-7 65536HCY2 6.~~28938~~41125% 17,153,000.00 8997,~~901~~753.4504 M-8 65536HCZ9 6.~~45938~~58125% 14,703,000.00 7986,~~143~~012.55 M-9 65536HDA3 7.~~45938~~58125% 11,762,000.00 7379,~~114~~262.3681 B-1 65536HDB1 7.~~45938~~58125% 12,742,000.00 7985,~~206~~866.1892 B-2 65536HDC9 7.~~45938~~58125% 10,782,000.00 6772,~~022~~658.5370 X NEL06HEX1 0.00000% 26,466,042.85 1,~~632~~527,~~608~~457.9096 R NEL06HER1 0.00000% 0.00 0.00 P NEL06HE1P 0.00000% 100.00 ~~687~~721,~~660~~050.9280 Totals ~~945~~917,~~097~~282,~~618~~701.4305 6,~~362~~531,~~187~~792.0074

Certificateholder Distribution Summary (continued) Class Principal Current Ending Total Cumulative Distribution Realized Certificate Distribution Realized Loss Balance Losses A-1 2740,~~814~~682,~~917~~484.3879 0.00 ~~437~~396,~~493~~811,~~558~~073.2041 2942,~~768~~689,~~972~~608.5701 0.00 A-2 0.00 0.00 69,323,000.00 ~~295~~322,~~164~~351.6295 0.00 A-3 0.00 0.00 134,108,000.00 ~~577~~630,~~712~~754.6863 0.00 A-4 0.00 0.00 13,665,000.00 5965,~~777~~242.3178 0.00 M-1 0.00 0.00 43,129,000.00 ~~192~~210,~~979~~517.9944 0.00 M-2 0.00 0.00 39,208,000.00 ~~175~~191,~~762~~727.2812 0.00 M-3 0.00 0.00 24,505,000.00 ~~110~~120,~~055~~047.6327 0.00 M-4 0.00 0.00 22,055,000.00 ~~101~~110,~~074~~201.0248 0.00 M-5 0.00 0.00 21,074,000.00 97106,~~280~~049.7505 0.00 M-6 0.00 0.00 19,114,000.00 8997,~~666~~715.6402 0.00 M-7 0.00 0.00 17,153,000.00 8997,~~901~~753.4504 0.00 M-8 0.00 0.00 14,703,000.00 7986,~~143~~012.55 0.00 M-9 0.00 0.00 11,762,000.00 7379,~~114~~262.3681 0.00 B-1 0.00 0.00 12,742,000.00 7985,~~206~~866.1892 0.00 B-2 0.00 0.00 10,782,000.00 6772,~~022~~658.5370 0.00 X 0.00 0.00 26,466,042.85 1,~~632~~527,~~608~~457.9096 0.00 R 0.00 0.00 0.00 0.00 0.00 P 0.00 0.00 100.00 ~~687~~721,~~660~~050.9280 0.00 Totals 2740,~~814~~682,~~917~~484.3879 0.00 ~~917~~876,~~282~~600,~~701~~216.0526 3447,~~177~~214,~~104~~277.3853 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-1 500,427,000.00 ~~465~~437,~~308~~493,~~475~~558.5820 0.00 2740,~~814~~682,~~917~~484.3879 0.00 0.00 A-2 69,323,000.00 69,323,000.00 0.00 0.00 0.00 0.00 A-3 134,108,000.00 134,108,000.00 0.00 0.00 0.00 0.00 A-4 13,665,000.00 13,665,000.00 0.00 0.00 0.00 0.00 M-1 43,129,000.00 43,129,000.00 0.00 0.00 0.00 0.00 M-2 39,208,000.00 39,208,000.00 0.00 0.00 0.00 0.00 M-3 24,505,000.00 24,505,000.00 0.00 0.00 0.00 0.00 M-4 22,055,000.00 22,055,000.00 0.00 0.00 0.00 0.00 M-5 21,074,000.00 21,074,000.00 0.00 0.00 0.00 0.00 M-6 19,114,000.00 19,114,000.00 0.00 0.00 0.00 0.00 M-7 17,153,000.00 17,153,000.00 0.00 0.00 0.00 0.00 M-8 14,703,000.00 14,703,000.00 0.00 0.00 0.00 0.00 M-9 11,762,000.00 11,762,000.00 0.00 0.00 0.00 0.00 B-1 12,742,000.00 12,742,000.00 0.00 0.00 0.00 0.00 B-2 10,782,000.00 10,782,000.00 0.00 0.00 0.00 0.00 X 26,473,809.37 26,466,042.85 0.00 0.00 0.00 0.00 R 0.00 0.00 0.00 0.00 0.00 0.00 P 100.00 100.00 0.00 0.00 0.00 0.00 Totals 980,223,909.37 ~~945~~917,~~097~~282,~~618~~701.4305 0.00 2740,~~814~~682,~~917~~484.3879 0.00 0.00

Principal Distribution Statement (continued) Class Total Ending Ending Total Principal Certificate Certificate Principal Reduction Balance Percentage Distribution A-1 2740,~~814~~682,~~917~~484.3879 ~~437~~396,~~493~~811,~~558~~073.2041 0.~~87424052~~79294497 2740,~~814~~682,~~917~~484.3879 A-2 0.00 69,323,000.00 1.00000000 0.00 A-3 0.00 134,108,000.00 1.00000000 0.00 A-4 0.00 13,665,000.00 1.00000000 0.00 M-1 0.00 43,129,000.00 1.00000000 0.00 M-2 0.00 39,208,000.00 1.00000000 0.00 M-3 0.00 24,505,000.00 1.00000000 0.00 M-4 0.00 22,055,000.00 1.00000000 0.00 M-5 0.00 21,074,000.00 1.00000000 0.00 M-6 0.00 19,114,000.00 1.00000000 0.00 M-7 0.00 17,153,000.00 1.00000000 0.00 M-8 0.00 14,703,000.00 1.00000000 0.00 M-9 0.00 11,762,000.00 1.00000000 0.00 B-1 0.00 12,742,000.00 1.00000000 0.00 B-2 0.00 10,782,000.00 1.00000000 0.00 X 0.00 26,466,042.85 0.99970663 0.00 R 0.00 0.00 0.00000000 0.00 P 0.00 100.00 1.00000000 0.00 Totals 2740,~~814~~682,~~917~~484.3879 ~~917~~876,~~282~~600,~~701~~216.0526 0.~~93578895~~89428569 2740,~~814~~682,~~917~~484.3879

Principal Distribution Factors Statement Class Original Beginning Scheduled UnScheduled Accretion Face Certificate Principal Principal Amount Balance Distribution Distribution A-1 500,427,000.00 ~~929~~874.~~82288242~~24051500 0.00000000 5581.~~58236742~~29554319 0.00000000 A-2 69,323,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-3 134,108,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-4 13,665,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-1 43,129,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-2 39,208,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-3 24,505,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-4 22,055,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-5 21,074,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-6 19,114,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-7 17,153,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-8 14,703,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-9 11,762,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-1 12,742,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-2 10,782,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 X 26,473,809.37 999.70663383 0.00000000 0.00000000 0.00000000 R 0.00 0.00000000 0.00000000 0.00000000 0.00000000 P 100.00 1000.00000000 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-1 0.00000000 5581.~~58236742~~29554319 ~~874~~792.~~24051500~~94497181 0.~~87424052~~79294497 5581.~~58236742~~29554319 A-2 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 A-3 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 A-4 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 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 B-1 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 B-2 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 X 0.00000000 0.00000000 999.70663383 0.99970663 0.00000000 R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 P 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 NOTE: All Classes are per $1,000 demonination.

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-1 0405/25/06 - 0506/2425/06 3032 5.~~03938~~16125% ~~465~~437,~~308~~493,~~475~~558.5820 12,~~954~~007,~~055~~123.1922 0.00 A-2 0405/25/06 - 0506/2425/06 3032 5.~~10938~~23125% 69,323,000.00 ~~295~~322,~~164~~351.6295 0.00 A-3 0405/25/06 - 0506/2425/06 3032 5.~~16938~~29125% 134,108,000.00 ~~577~~630,~~712~~754.6863 0.00 A-4 0405/25/06 - 0506/2425/06 3032 5.~~24938~~37125% 13,665,000.00 5965,~~777~~242.3178 0.00 M-1 0405/25/06 - 0506/2425/06 3032 5.~~36938~~49125% 43,129,000.00 ~~192~~210,~~979~~517.9944 0.00 M-2 0405/25/06 - 0506/2425/06 3032 5.~~37938~~50125% 39,208,000.00 ~~175~~191,~~762~~727.2812 0.00 M-3 0405/25/06 - 0506/2425/06 3032 5.~~38938~~51125% 24,505,000.00 ~~110~~120,~~055~~047.6327 0.00 M-4 0405/25/06 - 0506/2425/06 3032 5.~~49938~~62125% 22,055,000.00 ~~101~~110,~~074~~201.0248 0.00 M-5 0405/25/06 - 0506/2425/06 3032 5.~~53938~~66125% 21,074,000.00 97106,~~280~~049.7505 0.00 M-6 0405/25/06 - 0506/2425/06 3032 5.~~62938~~75125% 19,114,000.00 8997,~~666~~715.6402 0.00 M-7 0405/25/06 - 0506/2425/06 3032 6.~~28938~~41125% 17,153,000.00 8997,~~901~~753.4504 0.00 M-8 0405/25/06 - 0506/2425/06 3032 6.~~45938~~58125% 14,703,000.00 7986,~~143~~012.55 0.00 M-9 0405/25/06 - 0506/2425/06 3032 7.~~45938~~58125% 11,762,000.00 7379,~~114~~262.3681 24,~~488~~786.6184 B-1 0405/25/06 - 0506/2425/06 3032 7.~~45938~~58125% 12,742,000.00 7985,~~206~~866.1892 25,~~695~~185.9667 B-2 0405/25/06 - 0506/2425/06 3032 7.~~45938~~58125% 10,782,000.00 6772,~~022~~658.5370 24,~~281~~388.2600 X N/A N/A 0.00000% ~~945~~917,~~097~~282,~~618~~701.4305 0.00 0.00 R N/A N/A 0.00000% 0.00 0.00 0.00 P N/A N/A 0.00000% 100.00 0.00 0.00 Totals 4,~~041~~283,~~917~~283.1898 714,~~465~~360.8351

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-1 0.00 0.00 12,~~954~~007,~~055~~123.1922 0.00 ~~437~~396,~~493~~811,~~558~~073.2041 A-2 0.00 0.00 ~~295~~322,~~164~~351.6295 0.00 69,323,000.00 A-3 0.00 0.00 ~~577~~630,~~712~~754.6863 0.00 134,108,000.00 A-4 0.00 0.00 5965,~~777~~242.3178 0.00 13,665,000.00 M-1 0.00 0.00 ~~192~~210,~~979~~517.9944 0.00 43,129,000.00 M-2 0.00 0.00 ~~175~~191,~~762~~727.2812 0.00 39,208,000.00 M-3 0.00 0.00 ~~110~~120,~~055~~047.6327 0.00 24,505,000.00 M-4 0.00 0.00 ~~101~~110,~~074~~201.0248 0.00 22,055,000.00 M-5 0.00 0.00 97106,~~280~~049.7505 0.00 21,074,000.00 M-6 0.00 0.00 8997,~~666~~715.6402 0.00 19,114,000.00 M-7 0.00 0.00 8997,~~901~~753.4504 0.00 17,153,000.00 M-8 0.00 0.00 7986,~~143~~012.55 0.00 14,703,000.00 M-9 24,~~488~~786.6184 0.00 7379,~~114~~262.3681 0.00 11,762,000.00 B-1 25,~~695~~185.9667 0.00 7985,~~206~~866.1892 0.00 12,742,000.00 B-2 24,~~281~~388.2600 0.00 6772,~~022~~658.5370 0.00 10,782,000.00 X 0.00 0.00 1,~~632~~527,~~608~~457.9096 0.00 ~~917~~876,~~282~~600,~~701~~216.0526 R 0.00 0.00 0.00 0.00 0.00 P 0.00 0.00 ~~687~~721,~~660~~050.9280 0.00 100.00 Totals 714,~~465~~360.8351 0.00 6,~~362~~531,~~187~~792.0074 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 A-1 500,427,000.00 5.~~03938~~16125% ~~929~~874.~~82288242~~24051500 34.~~90477570~~01082120 0.00000000 A-2 69,323,000.00 5.~~10938~~23125% 1000.00000000 4.~~25781660~~65000000 0.00000000 A-3 134,108,000.00 5.~~16938~~29125% 1000.00000000 4.~~30781669~~70333336 0.00000000 A-4 13,665,000.00 5.~~24938~~37125% 1000.00000000 4.~~37448299~~77444420 0.00000000 M-1 43,129,000.00 5.~~36938~~49125% 1000.00000000 4.~~47448329~~88111109 0.00000000 M-2 39,208,000.00 5.~~37938~~50125% 1000.00000000 4.~~48281677~~89000000 0.00000000 M-3 24,505,000.00 5.~~38938~~51125% 1000.00000000 4.~~49114997~~89888880 0.00000000 M-4 22,055,000.00 5.~~49938~~62125% 1000.00000000 4.~~58281659~~99666652 0.00000000 M-5 21,074,000.00 5.~~53938~~66125% 1000.00000000 45.~~61615023~~03222217 0.00000000 M-6 19,114,000.00 5.~~62938~~75125% 1000.00000000 45.~~69114994~~11222245 0.00000000 M-7 17,153,000.00 6.~~28938~~41125% 1000.00000000 5.~~24115024~~69888882 0.00000000 M-8 14,703,000.00 6.~~45938~~58125% 1000.00000000 5.~~38281643~~85000000 0.00000000 M-9 11,762,000.00 7.~~45938~~58125% 1000.00000000 6.~~21615031~~73888879 0.~~21158051~~40697500 B-1 12,742,000.00 7.~~45938~~58125% 1000.00000000 6.~~21614974~~73888871 0.~~21158060~~40697457 B-2 10,782,000.00 7.~~45938~~58125% 1000.00000000 6.~~21615006~~73888889 0.~~21158041~~40697459 X 26,473,809.37 0.00000% ~~35699~~34648.~~34365022~~68573427 0.00000000 0.00000000 R 0.00 0.00000% 0.00000000 0.00000000 0.00000000 P 100.00 0.00000% 1000.00000000 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-1 0.00000000 0.00000000 34.~~90477570~~01082120 0.00000000 ~~874~~792.~~24051500~~94497181 A-2 0.00000000 0.00000000 4.~~25781660~~65000000 0.00000000 1000.00000000 A-3 0.00000000 0.00000000 4.~~30781669~~70333336 0.00000000 1000.00000000 A-4 0.00000000 0.00000000 4.~~37448299~~77444420 0.00000000 1000.00000000 M-1 0.00000000 0.00000000 4.~~47448329~~88111109 0.00000000 1000.00000000 M-2 0.00000000 0.00000000 4.~~48281677~~89000000 0.00000000 1000.00000000 M-3 0.00000000 0.00000000 4.~~49114997~~89888880 0.00000000 1000.00000000 M-4 0.00000000 0.00000000 4.~~58281659~~99666652 0.00000000 1000.00000000 M-5 0.00000000 0.00000000 45.~~61615023~~03222217 0.00000000 1000.00000000 M-6 0.00000000 0.00000000 45.~~69114994~~11222245 0.00000000 1000.00000000 M-7 0.00000000 0.00000000 5.~~24115024~~69888882 0.00000000 1000.00000000 M-8 0.00000000 0.00000000 5.~~38281643~~85000000 0.00000000 1000.00000000 M-9 0.~~21158051~~40697500 0.00000000 6.~~21615031~~73888879 0.00000000 1000.00000000 B-1 0.~~21158060~~40697457 0.00000000 6.~~21614974~~73888871 0.00000000 1000.00000000 B-2 0.~~21158041~~40697459 0.00000000 6.~~21615006~~73888889 0.00000000 1000.00000000 X 0.00000000 0.00000000 6157.~~66883191~~69694639 0.00000000 ~~34648~~33111.~~68573427~~97886215 R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 P 0.00000000 0.00000000 ~~6876609~~7210508.~~20000000~~00000000 0.00000000 1000.00000000 (1) Amount also includes Coupon Cap or Basis Risk Shortfalls,if applicable. NOTE: All Classes are per $1,000 demonination.

CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 3247,~~837~~648,~~457~~252.0882 Reserve Funds and Credit Enhancements 0.00 Proceeds from Repurchased Loans 0.00 Servicer Advances 21,~~171~~200,~~363~~982.2667 Gains & Subsequent Recoveries (Realized Losses) 0.00 Prepayment Penalties ~~687~~721,~~660~~050.9280 Swap/Cap Payments 0201,535.0077 Total Deposits 3549,~~696~~771,~~481~~822.2606 Withdrawals Swap Payments ~~147,833~~0.9200 Reserve Funds and Credit Enhancements 0.00 Reimbursement for Servicer Advances ~~973~~2,~~656~~171,363.1526 Total Administration Fees ~~397~~386,~~886~~181.8127 Payment of Interest and Principal 3447,~~177~~214,~~104~~277.3853 Total Withdrawals (Pool Distribution Amount) 3549,~~696~~771,~~481~~822.2606 Ending Balance 0.00 Servicer Advances are calculated as delinquent scheduled principal and interest.

ADMINISTRATION FEES Gross Servicing Fee* ~~393~~382,~~790~~201.6713 Credit Risk Manager- Portfolio Surveillance Analytics 3,~~937~~822.9101 Lender Paid Mortgage Insurance 158.2313 Supported Prepayment/Curtailment Interest Shortfall 0.00 Total Administration Fees ~~397~~386,~~886~~181.8127 *Servicer Payees include: OCWEN FEDERAL BANK FSB; WELLS FARGO BANK, N.A.

Reserve and Guaranty Funds Account Name Beginning Current Current Ending Balance Withdrawals Deposits Balance Basis Risk Shortfall Reserve Fund 0.00 714,~~465~~360.8251 714,~~465~~360.8251 0.00 Hedge Funds Account Name Funds In (A) Funds Out(B) Net Amount(A - B) Swap Account: Bear Stearns Financial Products, Inc 34,~~806~~075,~~274~~835.5648 3,~~954~~874,~~108~~299.4871 ~~(147~~201,~~833~~535.~~92)~~77

COLLATERAL STATEMENT Collateral Description Fixed Mixed & ARM & Balloon Weighted Average Gross Coupon 7.~~899745~~847525% Weighted Average Net Coupon 7.~~399745~~347525% Weighted Average Pass-Through Rate 7.~~394544~~342318% Weighted Average Remaining Term ~~344~~343 Beginning Scheduled Collateral Loan Count 4,~~815~~695 Number Of Loans Paid In Full ~~120~~178 Ending Scheduled Collateral Loan Count 4,~~695~~517 Beginning Scheduled Collateral Balance ~~945~~917,~~097~~282,~~618~~701.4305 Ending Scheduled Collateral Balance ~~917~~876,~~282~~600,~~701~~216.0526 Ending Actual Collateral Balance at 3031-~~Apr~~May-2006 ~~917~~877,~~858~~114,~~650~~985.3079 Monthly P&I Constant 6,~~666~~432,~~461~~376.0263 Special Servicing Fee 0.00 Prepayment Penalty Waived Amount 0.00 Prepayment Penalty Waived Count 0 Prepayment Penalty Paid Amount ~~687~~721,~~660~~050.9280 Prepayment Penalty Paid Count 48107 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Scheduled Principal ~~444~~433,~~769~~710.3975 Unscheduled Principal 2740,~~370~~248,~~147~~774.9904 Required Overcollateralized Amount 0.00 Overcollateralized Increase Amount 0.00 Overcollateralized Reduction Amount 0.00 Specified O/C Amount 26,466,042.85 Overcollateralized Amount 26,466,042.85 Overcollateralized Deficiency Amount 0.00 Base Overcollateralization Amount 0.00

Group Level Collateral Statement Group GROUP 1 GROUP 2 Collateral Description Mixed ARM and Balloon Mixed ARM and Balloon Weighted Average Coupon Rate 8.~~427590~~422983 7.~~796269~~732641 Weighted Average Net Rate 7.~~927590~~922983 7.~~296269~~232641 Pass-Through Rate 7.~~922590~~917983 7.~~291028~~227393 Weighted Average Remaining Term 297 ~~354~~353 Record Date 0405/3031/2006 0405/3031/2006 Principal And Interest Constant 1,~~189~~172,~~168~~122.1657 5,~~477~~260,~~292~~254.8606 Beginning Loan Count 1,~~494~~473 3,~~321~~222 Loans Paid in Full 2136 99142 Ending Loan Count 1,~~473~~437 3,~~222~~080 Beginning Scheduled Balance ~~154~~152,~~905~~650,~~293~~652.0342 ~~790~~764,~~192~~632,~~325~~048.4063 Ending Scheduled Balance ~~152~~148,~~650~~624,~~652~~322.4223 ~~764~~727,~~632~~975,~~048~~894.6303 Scheduled Principal ~~101~~100,~~269~~644.5236 ~~343~~333,~~499~~066.8739 Unscheduled Principal 23,~~153~~925,~~371~~685.0983 2536,~~216~~323,~~776~~088.9021 Scheduled Interest 1,~~087~~071,~~898~~478.6421 54,~~133~~927,~~792~~187.9967 Servicing Fees 6463,~~543~~604.8744 ~~329~~318,~~246~~596.8069 Master Servicing Fees 0.00 0.00 Trustee Fee 0.00 0.00 FRY Amount 0.00 0.00 Special Hazard Fee 0.00 0.00 Other Fee ~~645~~636.4404 3,~~450~~344.7010 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,~~022~~007,~~709~~237.3373 4,~~801~~605,~~095~~246.4988 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 58143,~~727~~105.6093 ~~628~~577,~~933~~944.3287 Prepayment Penalty Paid Count 1232 3675 Special Servicing Fee 0.00 0.00

Group Level Collateral Statement Group Total Collateral Description Fixed Mixed & ARM & Balloon Weighted Average Coupon Rate 7.~~899745~~847525 Weighted Average Net Rate 7.~~399745~~347525 Pass-Through Rate 7.~~394544~~342318 Weighted Average Remaining Term ~~344~~343 Record Date 0405/3031/2006 Principal And Interest Constant 6,~~666~~432,~~461~~376.0263 Beginning Loan Count 4,~~815~~695 Loans Paid in Full ~~120~~178 Ending Loan Count 4,~~695~~517 Beginning Scheduled Balance ~~945~~917,~~097~~282,~~618~~701.4305 Ending Scheduled Balance ~~917~~876,~~282~~600,~~701~~216.0526 Scheduled Principal ~~444~~433,~~769~~710.3975 Unscheduled Principal 2740,~~370~~248,~~147~~774.9904 Scheduled Interest 65,~~221~~998,~~691~~665.6388 Servicing Fees ~~393~~382,~~790~~201.6713 Master Servicing Fees 0.00 Trustee Fee 0.00 FRY Amount 0.00 Special Hazard Fee 0.00 Other Fee 43,~~096~~980.14 Pool Insurance Fee 0.00 Spread 1 0.00 Spread 2 0.00 Spread 3 0.00 Net Interest 5,~~823~~612,~~804~~484.8261 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 ~~687~~721,~~660~~050.9280 Prepayment Penalty Paid Count 48107 Special Servicing Fee 0.00

Additional Reporting - Deal Level Structural Reporting Overcollateralization Amount 26,466,042.85 Overcollateralization Deficiency Amount 0.00 Overcollateralization Increase Amount 0.00 Overcollateralization Reduction Amount 0.00 Overcollateralization Amount 26,466,042.85 Overcollateralization Release Amount 0.00 Overcollateralization Target Amount 26,466,042.85 Trigger Event Reporting Cumulative Loss Trigger Cumulative Loss Trigger Result Pass Cumulative Loss Threshold Value 3.500000% Cumulative Loss Calculated Value 0.000000% Enhancement Delinquency Trigger Deliquency Trigger Result Pass Deliquency Threshold Value 8.~~548496~~945226% Deliquency Percentage 12.~~330430~~473374% Senior Enhancement Trigger Senior Enhancement Percentage Result Pass Senior Enhancement Percent Threshold 0.000000% Senior Enhancement Percentage Calc 0.000000%

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 21 0 0 21 ~~120~~23,~~485~~109.8634 0.00 0.00 ~~120~~23,~~485~~109.8634 30 Days ~~229~~260 2 1 0 0263 ~~230 44~~50,~~718~~146,~~442~~459.1921 ~~373~~120,~~609~~485.2286 0478,151.0015 0.00 4550,~~092~~745,~~051~~096.4122 60 Days 8283 01 0 0 8284 1916,~~503~~618,~~835~~077.4061 0373,609.0022 0.00 0.00 1916,~~503~~991,~~835~~686.4083 90 Days 1632 0 1 23 0 1756 36,~~540~~942,~~957~~669.9836 0246,591.0036 ~~367~~5,~~858~~600,252.9021 0.00 312,~~908~~789,~~816~~512.8893 120 Days 6 0 14 0 710 ~~741~~1,~~878~~360,652.9997 0.00 ~~256~~1,~~000~~491,469.0012 0.00 ~~997~~2,~~878~~852,122.9909 150 Days 05 0 01 0 06 0635,768.00 0.00 0256,000.00 0.00 0891,768.00 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals ~~333~~386 35 229 0 ~~338~~420 6875,~~505~~703,~~114~~627.5615 ~~494~~763,~~095~~795.0878 ~~623~~7,~~858~~825,872.9048 0.00 6984,~~623~~293,~~068~~295.5441 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.~~042599~~022139% 0.000000% 0.000000% 0.~~042599~~022139% 0.~~013127~~002635% 0.000000% 0.000000% 0.~~013127~~002635% 30 Days 45.~~877529~~756033% 0.~~021299~~044277% 0.~~000000~~022139% 0.000000% 45.~~898829~~822449% 45.~~872040~~717205% 0.~~040704~~013737% 0.~~000000~~054514% 0.000000% 45.~~912745~~785455% 60 Days 1.~~746539~~837503% 0.~~000000~~022139% 0.000000% 0.000000% 1.~~746539~~859641% 21.~~124928~~894629% 0.~~000000~~042595% 0.000000% 0.000000% 21.~~124928~~937225% 90 Days 0.~~340788~~708435% 0.~~000000~~022139% 0.~~021299~~509188% 0.000000% 01.~~362087~~239761% 0.~~385785~~791535% 0.~~000000~~028114% 0.~~040078~~638486% 0.000000% 01.~~425863~~458134% 120 Days 0.~~127796~~132832% 0.000000% 0.~~021299~~088554% 0.000000% 0.~~149095~~221386% 0.~~080827~~155128% 0.000000% 0.~~027891~~170043% 0.000000% 0.~~108718~~325171% 150 Days 0.~~000000~~110693% 0.000000% 0.~~000000~~022139% 0.000000% 0.~~000000~~132832% 0.~~000000~~072484% 0.000000% 0.~~000000~~029187% 0.000000% 0.~~000000~~101671% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 78.~~092652~~545495% 0.~~063898~~110693% 0.~~042599~~642019% 0.000000% 79.~~199148~~298207% 78.~~463580~~630981% 0.~~053831~~087080% 0.~~067969~~892229% 0.000000% 79.~~585380~~610290%

Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 21,~~171~~200,~~363~~982.2667

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 ~~Jun~~Jul-05 0.000% Original Principal Balance 0.00 ~~Jul~~Aug-05 0.000% Current Actual Balance 0.00 ~~Aug~~Sep-05 0.000% ~~Sep~~Oct-05 0.000% Current REO Total ~~Oct~~Nov-05 0.000% Loans in REO 0 ~~Nov~~Dec-05 0.000% Original Principal Balance 0.00 ~~Dec~~Jan-0506 0.000% Current Actual Balance 0.00 ~~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% *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 127 ~~Jun~~Jul-05 0.000% Original Principal Balance ~~368~~7,~~900~~219,285.00 ~~Jul~~Aug-05 0.000% Current Actual Balance ~~367~~7,~~858~~202,013.9058 ~~Aug~~Sep-05 0.000% ~~Sep~~Oct-05 0.000% Current Foreclosure Total ~~Oct~~Nov-05 0.000% Loans in Foreclosure 229 ~~Nov~~Dec-05 0.000% Original Principal Balance ~~624~~7,~~900~~844,185.00 ~~Dec~~Jan-0506 0.000% Current Actual Balance ~~623~~7,~~858~~825,872.9048 ~~Jan~~Feb-06 0.000% ~~Feb~~Mar-06 0.000% ~~Mar~~Apr-06 0.~~000~~027% ~~Apr~~May-06 0.~~027~~068% ~~May~~Jun-06 0.~~068~~892% *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 0170190931 Jun-2006 01-Jun-2005 FL 20.00 30,800.00 GROUP 1 0170191126 Jun-2006 01-Jun-2005 NY 15.00 58,500.00 GROUP 1 0170274306 Jun-2006 01-Sep-2005 NJ 20.00 59,740.00 GROUP 1 0170347274 Jun-2006 01-Oct-2005 WA 90.00 274,500.00 GROUP 1 0170424866 Jun-2006 01-Oct-2005 CA 52.27 126,500.00 GROUP 2 0170190932 Jun-2006 01-Jun-2005 FL 80.00 123,200.00 GROUP 2 0170191057 Jun-2006 01-Jun-2005 GA 90.00 114,300.00 GROUP 2 0170191113 Jun-2006 01-Jun-2005 NY 90.00 459,000.00 GROUP 2 0170191127 Jun-2006 01-Jun-2005 NY 80.00 312,000.00 GROUP 2 0170191128 Jun-2006 01-Jun-2005 NY 80.00 320,000.00 GROUP 2 0170237290 Jun-2006 01-Jul-2005 CA 80.00 140,000.00 GROUP 2 0170274307 Jun-2006 01-Sep-2005 NJ 80.00 238,960.00 GROUP 2 0170274385 Jun-2006 01-Aug-2005 CA 80.00 672,000.00 GROUP 2 0170299838 Jun-2006 01-Sep-2005 CA 75.00 277,500.00 GROUP 2 0170299955 Jun-2006 01-Aug-2005 TX 90.00 55,800.00 GROUP 2 0170300014 May-2006 01-Sep-2005 CA 90.00 368,900.00 GROUP 2 0170327140 Jun-2006 01-Sep-2005 CA 84.23 140,250.00 GROUP 2 0170347086 Apr-2006 01-Oct-2005 CA 80.00 256,000.00 GROUP 2 0170406020 Jun-2006 01-Oct-2005 DC 80.00 428,000.00 GROUP 2 0170406149 Jun-2006 01-Oct-2005 TX 80.00 152,000.00 GROUP 2 0170425037 Jun-2006 01-Sep-2005 OH 80.00 106,400.00 GROUP 2 0170466002 Jun-2006 01-Nov-2005 CA 90.00 517,500.00 GROUP 2 0170466043 Jun-2006 01-Nov-2005 CA 80.00 304,000.00 GROUP 2 0170466249 Jun-2006 01-Nov-2005 CA 90.00 508,500.00 GROUP 2 0170466323 Jun-2006 01-Nov-2005 FL 80.00 480,000.00 GROUP 2 0170494442 Jun-2006 01-Dec-2005 CA 85.00 467,500.00 GROUP 2 0170508621 Jun-2006 01-Nov-2005 CA 93.70 192,085.00 GROUP 2 0170516343 Jun-2006 01-Dec-2005 NV 75.00 230,250.00 GROUP 2 0170616944 Jun-2006 01-Dec-2005 NJ 100.00 430,000.00

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 0170190931 30,722.86 01-Jan-2006 3 11.750% 1,151.26 GROUP 1 0170191126 58,353.55 01-Jan-2006 3 11.750% 2,186.44 GROUP 1 0170274306 59,659.76 01-Jan-2006 3 12.375% 2,359.88 GROUP 1 0170347274 273,589.31 01-Jan-2006 3 7.275% 6,166.16 GROUP 1 0170424866 125,991.52 01-Jan-2006 3 5.990% 2,299.74 GROUP 2 0170190932 122,456.04 01-Jan-2006 3 7.525% 2,862.45 GROUP 2 0170191057 113,616.34 01-Jan-2006 3 7.900% 2,797.39 GROUP 2 0170191113 456,675.09 01-Dec-2005 4 9.025% 12,950.35 GROUP 2 0170191127 312,000.00 01-Jan-2006 3 8.550% 8,372.00 GROUP 2 0170191128 318,170.06 01-Jan-2006 3 7.800% 7,727.72 GROUP 2 0170237290 139,258.92 01-Jan-2006 3 7.500% 3,243.01 GROUP 2 0170274307 238,960.00 01-Dec-2005 4 7.650% 5,695.20 GROUP 2 0170274385 672,000.00 01-Jan-2006 3 7.775% 16,296.00 GROUP 2 0170299838 274,301.05 01-Jan-2006 3 6.750% 5,714.60 GROUP 2 0170299955 55,621.22 01-Jan-2006 3 9.200% 1,610.78 GROUP 2 0170300014 367,858.90 01-Dec-2005 34 7.800% 68,~~698~~928.8449 GROUP 2 0170327140 139,819.13 01-Jan-2006 3 8.500% 3,722.60 GROUP 2 0170347086 256,000.00 01-Nov-2005 45 7.990% 6,391.44 GROUP 2 0170406020 427,975.13 01-Dec-2005 4 8.200% 10,~~793~~984.5872 GROUP 2 0170406149 152,000.00 01-Jan-2006 3 7.600% 3,597.36 GROUP 2 0170425037 105,833.89 01-Jan-2006 3 5.700% 1,829.47 GROUP 2 0170466002 516,859.22 01-Jan-2006 3 10.400% 17,040.18 GROUP 2 0170466043 303,538.25 01-Jan-2006 3 9.400% 8,993.28 GROUP 2 0170466249 507,593.79 01-Jan-2006 3 8.630% 13,734.89 GROUP 2 0170466323 478,151.15 01-Mar-2006 1 7.900% 8,839.48 GROUP 2 0170494442 467,126.72 01-Jan-2006 3 10.500% 15,554.98 GROUP 2 0170508621 192,085.00 01-Jan-2006 3 6.650% 3,937.72 GROUP 2 0170516343 230,017.76 01-Jan-2006 3 9.400% 6,815.09 GROUP 2 0170616944 429,637.82 01-Jan-2006 3 10.250% 13,948.21

Bankruptcy Detail - All Mortgage Loans in Bankruptcy during Current Period

Summary 12 Month Bankruptcy History* New Bankruptcy Loans Month Bankruptcy Percentage Loans in Bankruptcy 02 ~~Jun~~Jul-05 0.000% Original Principal Balance 0270,200.00 ~~Jul~~Aug-05 0.000% Current Actual Balance 0269,700.0070 ~~Aug~~Sep-05 0.000% ~~Sep~~Oct-05 0.000% Current Bankruptcy Total ~~Oct~~Nov-05 0.000% Loans in Bankruptcy 35 ~~Nov~~Dec-05 0.000% Original Principal Balance ~~494~~765,~~900~~100.00 ~~Dec~~Jan-0506 0.000% Current Actual Balance ~~494~~763,~~095~~795.0878 ~~Jan~~Feb-06 0.000% ~~Feb~~Mar-06 0.000% ~~Mar~~Apr-06 0.~~000~~052% ~~Apr~~May-06 0.~~052~~054% ~~May~~Jun-06 0.~~054~~087% *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 0170191018 Jun-2006 01-May-2005 NJ 20.00 23,200.00 GROUP 1 0170487212 Apr-2006 01-Nov-2005 WV 20.02 24,200.00 GROUP 2 0170466086 Jun-2006 01-Nov-2005 NV 95.00 247,000.00 GROUP 2 0170487100 Apr-2006 01-Nov-2005 WV 79.98 96,700.00 GROUP 2 0170607638 Apr-2006 01-Jan-2006 CA 85.00 374,000.00

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 0170191018 23,109.34 01-May-2006 0 12.050% 444.93 GROUP 1 0170487212 24,169.00 01-Mar-2006 01 12.600% ~~487~~730.3592 GROUP 2 0170466086 246,591.36 01-Jan-2006 3 8.990% 6,968.68 GROUP 2 0170487100 96,316.86 01-Mar-2006 01 7.238% 1,~~081~~621.2014 GROUP 2 0170607638 373,609.22 01-Feb-2006 12 9.250% 810,~~168~~888.4131

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 ~~120~~178 2740,~~411~~386,~~206~~842.00 2740,~~309~~235,~~520~~407.2880 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 7532,~~562~~482.5981

Prepayment Loan Detail - Prepayments during Current Period First Original Loan LTV at Payment Principal Prepayment Group Number State Origination Date Balance Amount GROUP 1 0170274457 GA 80.00 01-Aug-2005 84,400.00 81,750.42 GROUP 1 0170279587 CA 20.00 01-Aug-2005 91,000.00 90,726.96 GROUP 1 0170300070 FL 20.00 01-Sep-2005 52,400.00 52,162.38 GROUP 1 0170399694 NJ 20.00 01-Oct-2005 57,000.00 56,861.84 GROUP 1 0170405924 FL 20.00 01-Oct-2005 56,700.00 56,557.99 GROUP 1 0170405954 OR 20.00 01-Oct-2005 36,000.00 35,881.94 GROUP 1 0170406093 CA 20.00 01-Oct-2005 47,000.00 46,850.74 GROUP 1 0170413103 CA 52.03 01-Oct-2005 205,000.00 204,998.56 GROUP 1 0170424794 NC 20.00 01-Sep-2005 36,500.00 36,277.19 GROUP 1 0170424854 CA 18.33 01-Oct-2005 88,000.00 87,701.10 GROUP 1 0170450639 CA 45.45 01-Nov-2005 125,000.00 124,233.79 GROUP 1 0170466143 CA 75.00 01-Nov-2005 239,250.00 237,566.17 GROUP 1 0170466406 CO 20.00 01-Nov-2005 51,000.00 50,874.70 GROUP 1 0170466520 CA 20.00 01-Oct-2005 65,800.00 65,558.64 GROUP 1 0170466531 CA 20.21 01-Nov-2005 76,000.00 75,761.24 GROUP 1 0170487159 CA 17.88 01-Nov-2005 59,000.00 58,871.38 GROUP 1 0170494492 CA 65.00 01-Dec-2005 321,750.00 319,995.58 GROUP 1 0170536145 CA 20.00 01-Dec-2005 60,000.00 59,871.43 GROUP 1 0170546149 MD 20.00 01-Dec-2005 15,950.00 15,950.01 GROUP 1 0170546188 MA 75.00 01-Dec-2005 225,000.00 223,941.33 GROUP 1 0170546249 CA 20.00 01-Dec-2005 142,000.00 142,000.00 GROUP 2 0170191160 AZ 95.00 01-Jun-2005 237,500.00 236,910.32 GROUP 2 0170213605 AL 80.00 01-Jul-2005 95,200.00 94,189.69 GROUP 2 0170273460 NJ 78.57 01-Aug-2005 335,500.00 332,240.92 GROUP 2 0170274288 CA 66.67 01-Aug-2005 240,000.00 240,000.00 GROUP 2 0170274301 TN 95.00 01-Sep-2005 98,800.00 98,340.58 GROUP 2 0170274334 FL 85.00 01-Aug-2005 144,415.00 143,372.54 GROUP 2 0170274387 FL 80.00 01-Aug-2005 152,000.00 151,087.00 GROUP 2 0170274388 FL 95.00 01-Aug-2005 546,250.00 542,435.01 GROUP 2 0170274426 TX 90.00 01-Aug-2005 85,500.00 84,838.19 GROUP 2 0170274429 CA 70.00 01-Aug-2005 283,500.00 281,109.58 GROUP 2 0170274439 CA 95.00 01-Aug-2005 280,250.00 278,452.39 GROUP 2 0170274450 FL 81.38 01-Aug-2005 153,000.00 152,195.81 GROUP 2 0170274506 FL 77.74 01-Aug-2005 147,700.00 146,457.05 GROUP 2 0170274532 CA 75.00 01-Aug-2005 187,500.00 186,615.24 GROUP 2 0170279606 CA 80.00 01-Aug-2005 364,000.00 364,000.00 GROUP 2 0170299289 CA 65.00 01-Sep-2005 208,000.00 208,000.49 GROUP 2 0170299719 CA 90.00 01-Sep-2005 805,455.00 805,455.00 GROUP 2 0170299974 FL 85.00 01-Sep-2005 106,250.00 105,672.93 GROUP 2 0170299999 UT 56.16 01-Sep-2005 205,000.00 203,537.70 GROUP 2 0170300109 NY 81.59 01-Aug-2005 359,000.00 356,365.35 GROUP 2 0170300117 CA 72.51 01-Sep-2005 262,500.00 260,737.27 GROUP 2 0170304262 NJ 78.48 01-Aug-2005 259,000.00 257,498.74 GROUP 2 0170304264 NJ 94.99 01-Aug-2005 379,000.00 376,106.85 GROUP 2 0170304273 NJ 73.05 01-Sep-2005 284,900.00 283,485.80 GROUP 2 0170327044 CA 100.00 01-Sep-2005 315,000.00 315,000.00 GROUP 2 0170327083 CA 85.00 01-Sep-2005 310,250.00 307,446.22 GROUP 2 0170327207 CA 65.00 01-Sep-2005 139,750.00 138,745.76 GROUP 2 0170331434 IL 80.00 01-Sep-2005 236,000.00 234,014.88 GROUP 2 0170331464 NJ 83.21 01-Oct-2005 238,800.00 237,582.37 GROUP 2 0170334398 CA 90.00 01-Oct-2005 205,110.00 204,959.74 GROUP 2 0170359540 CA 72.66 01-Oct-2005 465,000.00 462,314.33 GROUP 2 0170359542 CA 70.00 01-Oct-2005 140,000.00 139,142.09 GROUP 2 0170360346 CO 85.00 01-Oct-2005 148,750.00 148,750.00 GROUP 2 0170387283 MD 73.58 01-Sep-2005 195,000.00 193,788.14 GROUP 2 0170387286 VA 75.00 01-Sep-2005 293,250.00 291,177.41 GROUP 2 0170390177 CA 65.00 01-Oct-2005 162,500.00 161,438.22 GROUP 2 0170399684 NJ 90.00 01-Oct-2005 387,000.00 384,997.88 GROUP 2 0170399695 NJ 80.00 01-Oct-2005 228,000.00 226,656.79 GROUP 2 0170399699 NJ 90.00 01-Oct-2005 243,000.00 241,704.35 GROUP 2 0170399701 NJ 71.79 01-Sep-2005 280,000.00 278,138.26 GROUP 2 0170405873 NY 80.00 01-Oct-2005 440,000.00 437,684.92 GROUP 2 0170405925 FL 80.00 01-Oct-2005 226,800.00 225,325.76 GROUP 2 0170405942 MI 94.79 01-Oct-2005 400,000.00 397,135.36 GROUP 2 0170406070 AZ 77.59 01-Oct-2005 157,500.00 156,888.78 GROUP 2 0170406094 CA 80.00 01-Oct-2005 188,000.00 187,702.87 GROUP 2 0170424616 NJ 90.00 01-Sep-2005 190,800.00 189,932.56 GROUP 2 0170424648 FL 69.54 01-Aug-2005 92,000.00 92,000.00 GROUP 2 0170424651 DE 90.00 01-Aug-2005 360,000.00 358,164.79 GROUP 2 0170424967 CA 80.00 01-Oct-2005 352,000.00 351,906.87 GROUP 2 0170425118 KS 80.00 01-Aug-2005 68,000.00 67,667.46 GROUP 2 0170427841 NY 61.16 01-Oct-2005 200,000.00 198,490.24 GROUP 2 0170439721 CA 68.66 01-Oct-2005 230,000.00 230,000.00 GROUP 2 0170464088 CA 63.79 01-Nov-2005 185,000.00 185,000.00 GROUP 2 0170466011 CA 80.00 01-Nov-2005 308,000.00 306,253.45 GROUP 2 0170466022 NV 70.00 01-Nov-2005 158,900.00 157,260.80 GROUP 2 0170466077 CA 65.00 01-Nov-2005 195,000.00 194,574.85 GROUP 2 0170466114 CA 80.00 01-Nov-2005 340,000.00 340,000.00 GROUP 2 0170466123 CA 80.00 01-Nov-2005 332,000.00 330,967.09 GROUP 2 0170466310 AZ 80.00 01-Nov-2005 145,600.00 144,936.55 GROUP 2 0170466431 FL 90.00 01-Nov-2005 171,900.00 171,177.75 GROUP 2 0170466501 CA 59.86 01-Nov-2005 206,500.00 205,817.71 GROUP 2 0170466631 FL 85.00 01-Nov-2005 161,500.00 160,756.64 GROUP 2 0170466644 CA 90.00 01-Nov-2005 305,166.00 303,830.41 GROUP 2 0170466731 CA 32.50 01-Oct-2005 130,000.00 128,984.43 GROUP 2 0170466739 CA 80.00 01-Nov-2005 488,000.00 485,991.11 GROUP 2 0170487002 CA 71.52 01-Nov-2005 236,000.00 234,553.45 GROUP 2 0170487054 MA 90.00 01-Nov-2005 373,500.00 373,500.00 GROUP 2 0170487246 MA 35.71 01-Nov-2005 150,000.00 149,115.56 GROUP 2 0170494375 FL 90.00 01-Nov-2005 172,800.00 172,051.48 GROUP 2 0170494391 CA 75.00 01-Nov-2005 138,750.00 138,362.08 GROUP 2 0170494408 CA 80.00 01-Nov-2005 200,000.00 198,941.30 GROUP 2 0170494421 CA 75.00 01-Nov-2005 427,500.00 427,500.00 GROUP 2 0170494425 CA 75.00 01-Nov-2005 183,750.00 182,673.64 GROUP 2 0170494435 CA 70.00 01-Dec-2005 217,000.00 215,818.04 GROUP 2 0170509396 CA 90.00 01-Nov-2005 249,660.00 248,578.51 GROUP 2 0170516267 CA 53.10 01-Dec-2005 226,200.00 223,365.78 GROUP 2 0170516438 CA 80.00 01-Dec-2005 360,000.00 359,150.34 GROUP 2 0170532885 TX 80.00 01-Nov-2005 272,000.00 270,785.34 GROUP 2 0170533679 FL 50.00 01-Dec-2005 130,000.00 129,643.95 GROUP 2 0170533684 AZ 70.00 01-Dec-2005 105,000.00 104,611.53 GROUP 2 0170536155 CA 75.00 01-Dec-2005 167,250.00 167,053.10 GROUP 2 0170536193 CA 64.44 01-Dec-2005 270,000.00 269,528.11 GROUP 2 0170537884 NY 72.47 01-Dec-2005 279,000.00 278,168.72 GROUP 2 0170545726 CA 90.00 01-Nov-2005 702,000.00 702,000.00 GROUP 2 0170545836 CA 45.00 01-Dec-2005 301,500.00 300,149.78 GROUP 2 0170545939 CA 75.00 01-Dec-2005 243,750.00 243,210.67 GROUP 2 0170546148 MD 80.00 01-Dec-2005 63,800.00 63,800.00 GROUP 2 0170546155 MD 52.84 01-Dec-2005 400,000.00 398,317.65 GROUP 2 0170546519 OR 61.15 01-Dec-2005 110,000.00 109,391.99 GROUP 2 0170546524 NY 73.06 01-Dec-2005 160,000.00 159,425.88 GROUP 2 0170607543 FL 100.00 01-Jan-2006 135,000.00 134,695.76 GROUP 2 0170607601 CA 70.00 01-Dec-2005 308,000.00 306,386.38 GROUP 2 0170632760 CA 77.43 01-Jan-2006 542,000.00 539,860.21 GROUP 2 0170632885 AZ 70.00 01-Dec-2005 280,000.00 279,287.87 GROUP 2 0170633049 CA 90.00 01-Jan-2006 400,500.00 399,378.09 GROUP 2 0170633181 CA 70.00 01-Jan-2006 213,500.00 212,844.08 GROUP 2 0170633217 FL 85.00 01-Jan-2006 209,950.00 209,502.23 GROUP 2 0170633319 CA 95.00 01-Jan-2006 446,500.00 444,966.58 GROUP 2 0170633344 CA 85.00 01-Jan-2006 361,250.00 360,162.62

Prepayment Loan Detail - Prepayments during Current Period (continued) Current Loan PIF Months Loan Original Group Number Type Delinquent Rate Term Seasoning GROUP 1 ~~0170274457~~0170190936 Loan Paid in Full 0 712.~~375~~000% 180 12 GROUP 1 0170190941 Loan Paid in Full 0 9.650% 180 12 GROUP 1 ~~0170279587~~0170191044 Loan Paid in Full 0 11.~~990~~500% 180 12 GROUP 1 0170191109 Loan Paid in Full (1) 9.500% 180 12 GROUP 1 ~~0170300070~~0170198382 Loan Paid in Full 2 7.990% 360 11 GROUP 1 0170299914 Loan Paid in Full 0 107.~~650~~100% 360 9 GROUP 1 0170300049 Loan Paid in Full 1 12.000% 180 11 GROUP 1 0170327019 Loan Paid in Full (1) 7.990% 360 8 GROUP 1 ~~0170399694~~0170331347 Loan Paid in Full 0 1110.875% 180 9 GROUP 1 0170387288 Loan Paid in Full 0 6.990% 360 9 GROUP 1 0170399677 Loan Paid in Full 0 12.900% 360 78 GROUP 1 ~~0170405924~~0170405914 Loan Paid in Full 0 11.~~750~~000% 180 8 GROUP 1 0170413130 Loan Paid in Full 0 10.450% 360 7 GROUP 1 ~~0170405954~~0170424455 Loan Paid in Full 0 10.500% 180 78 GROUP 1 ~~0170406093~~0170424591 Loan Paid in Full (0 11.500% 180 8 GROUP 1) 100170424642 Loan Paid in Full 0 7.~~650~~025% 180 10 GROUP 1 0170450653 Loan Paid in Full 0 11.950% 360 7 GROUP 1 ~~0170413103~~0170464727 Loan Paid in Full 0 6.~~625~~500% 360 7 GROUP 1 ~~0170424794~~0170466428 Loan Paid in Full 0 10.900% 180 87 GROUP 1 ~~0170424854~~0170466484 Loan Paid in Full (0 10.300% 180 7 GROUP 1) 110170466550 Loan Paid in Full 0 9.~~050~~990% 180 7 GROUP 1 ~~0170450639~~0170466633 Loan Paid in Full 0 69.~~750~~250% ~~360~~180 68 GROUP 1 ~~0170466143~~0170466639 Loan Paid in Full 0 69.~~300~~990% ~~360~~180 67 GROUP 1 ~~0170466406~~0170466648 Loan Paid in Full 0 119.~~250~~750% 180 68 GROUP 1 ~~0170466520~~0170487169 Loan Paid in Full (0 11.650% 180 7 GROUP 1) 90170487223 Loan Paid in Full 0 10.990% 180 7 GROUP 1 ~~0170466531~~0170487240 Loan Paid in Full (0 9.900% 360 7 GROUP 1) 100170492387 Loan Paid in Full 0 9.~~050~~775% ~~180~~360 6 GROUP 1 ~~0170487159~~0170508553 Loan Paid in Full 0 115.~~750~~990% ~~180~~360 67 GROUP 1 ~~0170494492~~0170508924 Loan Paid in Full 0 7.~~250~~800% 360 57 GROUP 1 ~~0170536145~~0170509121 Loan Paid in Full 0 6.400% 360 7 GROUP 1 0170536213 Loan Paid in Full 0 11.~~100~~550% 180 56 GROUP 1 ~~0170546149~~0170546197 Loan Paid in Full 0 1211.~~150~~500% 180 6 GROUP 1 0170632764 Loan Paid in Full 1 8.990% 360 5 GROUP 1 ~~0170546188~~0170632774 Loan Paid in Full 0 78.~~300~~950% 360 5 GROUP 1 ~~0170546249~~0170652482 Loan Paid in Full ~~(1)~~0 11.~~500~~450% ~~180~~360 54 GROUP 2 ~~0170191160~~0170190937 Loan Paid in Full 0 6.900% 360 12 GROUP 2 0170190945 Loan Paid in Full 1 10.250% 360 12 GROUP 2 0170191045 Loan Paid in Full 0 6.775% 360 12 GROUP 2 0170191254 Loan Paid in Full 0 7.~~150~~800% 360 1112 GROUP 2 ~~0170213605~~0170273463 Loan Paid in Full 0 9.500% 360 9 GROUP 2 0170274401 Loan Paid in Full 0 6.~~300~~950% 360 10 GROUP 2 ~~0170273460~~0170274418 Loan Paid in Full 0 67.~~250~~190% 360 10 GROUP 2 0170296147 Loan Paid in Full 0 9.375% 360 12 GROUP 2 ~~0170274288~~0170296156 Loan Paid in Full 0 7.000% 360 12 GROUP 2 0170299290 Loan Paid in Full 0 8.375% 360 9 GROUP 2 0170299790 Loan Paid in Full 0 9.725% 360 9 GROUP 2 0170299891 Loan Paid in Full 3 7.250% 360 9 GROUP 2 ~~0170274301~~0170299988 Loan Paid in Full 0 9.~~900~~550% 360 89 GROUP 2 ~~0170274334~~0170300136 Loan Paid in Full 0 7.~~800~~300% 360 9 GROUP 2 ~~0170274387~~0170300144 Loan Paid in Full 0 8.~~700~~950% 360 9 GROUP 2 ~~0170274388~~0170304243 Loan Paid in Full 0 7.~~950~~500% 360 9 GROUP 2 ~~0170274426~~0170304268 Loan Paid in Full 0 9.~~900~~625% 360 10 GROUP 2 0170304270 Loan Paid in Full 0 7.375% 360 11 GROUP 2 0170304271 Loan Paid in Full 2 9.625% 360 10 GROUP 2 ~~0170274429~~0170305051 Loan Paid in Full 0 6.~~990~~250% 360 9 GROUP 2 ~~0170274439~~0170305055 Loan Paid in Full 0 8.~~375~~125% 360 9 GROUP 2 ~~0170274450~~0170326758 Loan Paid in Full 0 9.075% 360 8 GROUP 2 0170327009 Loan Paid in Full 0 7.250% 360 8 GROUP 2 0170327045 Loan Paid in Full 0 7.250% 360 9 GROUP 2 0170327098 Loan Paid in Full 0 8.500% 360 9 GROUP 2 ~~0170274506~~0170327133 Loan Paid in Full 0 10.250% 360 9 GROUP 2 0170327187 Loan Paid in Full 0 7.~~000~~990% 360 9 GROUP 2 ~~0170274532~~0170327219 Loan Paid in Full 0 7.700% 360 9 GROUP 2 0170327224 Loan Paid in Full 0 7.~~875~~250% 360 9 GROUP 2 ~~0170279606~~0170327231 Loan Paid in Full 0 7.500% 360 9 GROUP 2 ~~0170299289~~0170327236 Loan Paid in Full 0 56.~~875~~650% 360 89 GROUP 2 ~~0170299719~~0170327261 Loan Paid in Full 0 7.500% 360 9 GROUP 2 0170327270 Loan Paid in Full 0 6.950% 360 9 GROUP 2 0170327287 Loan Paid in Full 0 7.350% 360 9 GROUP 2 0170327296 Loan Paid in Full 1 8.650% 360 9 GROUP 2 0170331336 Loan Paid in Full 0 6.800% 360 89 GROUP 2 ~~0170299974~~0170331340 Loan Paid in Full 0 6.775% 360 9 GROUP 2 0170331348 Loan Paid in Full 0 6.~~050~~550% 360 9 GROUP 2 0170331349 Loan Paid in Full 0 8.400% 360 9 GROUP 2 ~~0170299999~~0170331370 Loan Paid in Full 0 6.950% 360 9 GROUP 2 0170331461 Loan Paid in Full 0 7.850% 360 8 GROUP 2 ~~0170300109~~0170347076 Loan Paid in Full 1 7.250% 360 8 GROUP 2 0170359537 Loan Paid in Full 0 7.~~700~~990% 360 98 GROUP 2 ~~0170300117~~0170360347 Loan Paid in Full 0 7.~~600~~850% 360 8 GROUP 2 ~~0170304262~~0170399678 Loan Paid in Full 0 8.~~875~~300% 360 98 GROUP 2 ~~0170304264~~0170399693 Loan Paid in Full ~~(1)~~0 7.~~500~~950% 360 98 GROUP 2 ~~0170304273~~0170405915 Loan Paid in Full 0 97.~~125~~250% 360 8 GROUP 2 ~~0170327044~~0170406066 Loan Paid in Full 40 65.~~750~~500% 360 8 GROUP 2 ~~0170327083~~0170424465 Loan Paid in Full 0 6.250% 360 7 GROUP 2 0170424468 Loan Paid in Full 0 5.990% 360 8 GROUP 2 ~~0170327207~~0170424596 Loan Paid in Full 0 79.050% 360 8 GROUP 2 0170424849 Loan Paid in Full 1 9.100% 360 8 GROUP 2 0170424958 Loan Paid in Full (1) 5.500% 360 9 GROUP 2 0170424959 Loan Paid in Full 0 8.800% 360 8 GROUP 2 ~~0170331434~~0170425102 Loan Paid in Full 0 69.~~650~~450% 360 8 GROUP 2 ~~0170331464~~0170427846 Loan Paid in Full 0 8.~~500~~865% 360 7 GROUP 2 ~~0170334398~~0170427848 Loan Paid in Full 0 96.~~000~~925% 360 7 GROUP 2 ~~0170359540~~0170427849 Loan Paid in Full 0 7.~~750~~400% 360 7 GROUP 2 ~~0170359542~~0170429814 Loan Paid in Full 0 8.100% 360 8 GROUP 2 0170450643 Loan Paid in Full 0 7.~~750~~200% 360 7 GROUP 2 ~~0170360346~~0170450664 Loan Paid in Full 0 89.950% 360 7 GROUP 2 ~~0170387283~~0170450667 Loan Paid in Full 0 7.~~990~~250% 360 7 GROUP 2 0170459797 Loan Paid in Full 0 8.000% 360 8 GROUP 2 ~~0170387286~~0170459803 Loan Paid in Full 0 8.850% 360 8 GROUP 2 0170464052 Loan Paid in Full 1 7.~~400~~500% 360 87 GROUP 2 ~~0170390177~~0170464071 Loan Paid in Full 0 76.125% 360 7 GROUP 2 ~~0170399684~~0170464120 Loan Paid in Full 0 6.500% 360 7 GROUP 2 0170465996 Loan Paid in Full 0 6.500% 360 8 GROUP 2 0170466006 Loan Paid in Full 0 8.~~300~~650% 360 7 GROUP 2 ~~0170399695~~0170466118 Loan Paid in Full 0 7.~~650~~550% 360 7 GROUP 2 ~~0170399699~~0170466142 Loan Paid in Full 0 8.~~150~~950% 360 7 GROUP 2 ~~0170399701~~0170466223 Loan Paid in Full 0 7.~~650~~990% 360 87 GROUP 2 ~~0170405873~~0170466280 Loan Paid in Full 0 89.~~250~~700% 360 7 GROUP 2 ~~0170405925~~0170466391 Loan Paid in Full 0 7.~~150~~700% 360 7 GROUP 2 ~~0170405942~~0170466427 Loan Paid in Full 0 6.~~650~~700% 360 7 GROUP 2 ~~0170406070~~0170466446 Loan Paid in Full 0 7.500% 360 7 GROUP 2 0170466515 Loan Paid in Full 0 9.~~700~~550% 360 7 GROUP 2 ~~0170406094~~0170466516 Loan Paid in Full ~~(1)~~0 6.740% 360 8 GROUP 2 0170466603 Loan Paid in Full 0 8.950% 360 7 GROUP 2 0170466638 Loan Paid in Full 0 6.~~200~~990% 360 7 GROUP 2 ~~0170424616~~0170466647 Loan Paid in Full 0 96.~~525~~840% 360 8 GROUP 2 ~~0170424648~~0170466676 Loan Paid in Full 0 67.~~075~~600% 360 97 GROUP 2 ~~0170424651~~0170486995 Loan Paid in Full 0 9.500% 360 97 GROUP 2 ~~0170424967~~0170487010 Loan Paid in Full ~~(1)~~0 8.990% 360 7 GROUP 2 0170487018 Loan Paid in Full 0 6.~~350~~200% 360 7 GROUP 2 ~~0170425118~~0170487072 Loan Paid in Full 0 98.~~700~~850% 360 97 GROUP 2 ~~0170427841~~0170487121 Loan Paid in Full 0 67.~~375~~900% 360 7 GROUP 2 ~~0170439721~~0170492346 Loan Paid in Full 0 69.~~750~~350% 360 7 GROUP 2 ~~0170464088~~0170492372 Loan Paid in Full 0 6.~~875~~950% 360 6 GROUP 2 ~~0170466011~~0170494336 Loan Paid in Full 0 78.~~150~~500% 360 68 GROUP 2 ~~0170466022~~0170494348 Loan Paid in Full (0 9.650% 360 7 GROUP 2) 60170494394 Loan Paid in Full 2 7.~~500~~250% 360 67 GROUP 2 ~~0170466077~~0170494398 Loan Paid in Full 0 118.~~750~~650% 360 67 GROUP 2 ~~0170466114~~0170494450 Loan Paid in Full 0 67.~~700~~800% 360 6 GROUP 2 ~~0170466123~~0170494457 Loan Paid in Full 0 108.~~900~~000% 360 6 GROUP 2 ~~0170466310~~0170494496 Loan Paid in Full 0 87.~~250~~850% 360 6 GROUP 2 ~~0170466431~~0170499517 Loan Paid in Full 0 7.990% 360 8 GROUP 2 0170509409 Loan Paid in Full 0 7.~~650~~600% 360 67 GROUP 2 ~~0170466501~~0170516141 Loan Paid in Full 0 7.750% 360 7 GROUP 2 0170516425 Loan Paid in Full 0 9.~~900~~950% 360 6 GROUP 2 ~~0170466631~~0170533053 Loan Paid in Full 0 8.200% 360 67 GROUP 2 ~~0170466644~~0170533137 Loan Paid in Full 0 8.450% 360 67 GROUP 2 ~~0170466731~~0170533255 Loan Paid in Full ~~(1)~~0 68.~~650~~750% 360 6 GROUP 2 0170533265 Loan Paid in Full 0 7.500% 360 6 GROUP 2 ~~0170466739~~0170535984 Loan Paid in Full 0 8.~~750~~125% 360 6 GROUP 2 ~~0170487002~~0170536144 Loan Paid in Full 0 67.~~750~~800% 360 6 GROUP 2 ~~0170487054~~0170536212 Loan Paid in Full 0 7.~~550~~625% 360 6 GROUP 2 ~~0170487246~~0170537684 Loan Paid in Full ~~(1)~~0 68.~~950~~625% 360 6 GROUP 2 ~~0170494375~~0170541311 Loan Paid in Full 0 8.~~500~~250% 360 6 GROUP 2 ~~0170494391~~0170545848 Loan Paid in Full 0 108.600% 360 6 GROUP 2 ~~0170494408~~0170545885 Loan Paid in Full 02 79.~~500~~000% 360 6 GROUP 2 ~~0170494421~~0170545923 Loan Paid in Full 0 68.~~500~~750% 360 6 GROUP 2 ~~0170494425~~0170545940 Loan Paid in Full 0 7.~~300~~700% 360 6 GROUP 2 ~~0170494435~~0170546015 Loan Paid in Full 0 10.990% 360 6 GROUP 2 0170546018 Loan Paid in Full 0 11.850% 360 6 GROUP 2 0170546118 Loan Paid in Full 1 8.~~600~~200% 360 56 GROUP 2 ~~0170509396~~0170546147 Loan Paid in Full 0 8.~~500~~950% 360 6 GROUP 2 ~~0170516267~~0170546196 Loan Paid in Full 0 7.~~500~~950% 360 56 GROUP 2 ~~0170516438~~0170546202 Loan Paid in Full 1 109.~~650~~200% 360 56 GROUP 2 ~~0170532885~~0170546217 Loan Paid in Full 0 87.~~350~~750% 360 6 GROUP 2 ~~0170533679~~0170546248 Loan Paid in Full 0 97.~~950~~875% 360 56 GROUP 2 ~~0170533684~~0170546268 Loan Paid in Full 01 8.~~500~~200% 360 57 GROUP 2 ~~0170536155~~0170546310 Loan Paid in Full 01 9.~~350~~400% 360 57 GROUP 2 ~~0170536193~~0170546322 Loan Paid in Full 0 8.~~000~~225% 360 56 GROUP 2 ~~0170537884~~0170546334 Loan Paid in Full 0 86.~~650~~990% 360 56 GROUP 2 ~~0170545726~~0170546349 Loan Paid in Full 0 86.~~000~~450% 360 6 GROUP 2 ~~0170545836~~0170546426 Loan Paid in Full 1 6.950% 360 6 GROUP 2 0170609763 Loan Paid in Full 0 78.~~550~~450% 360 56 GROUP 2 ~~0170545939~~0170625544 Loan Paid in Full 10 107.~~950~~600% 360 5 GROUP 2 ~~0170546148~~0170632866 Loan Paid in Full 0 8.~~350~~900% 360 5 GROUP 2 ~~0170546155~~0170633139 Loan Paid in Full 01 79.~~865~~950% 360 5 GROUP 2 ~~0170546519~~0170633143 Loan Paid in Full 0 6.~~550~~600% 360 5 GROUP 2 ~~0170546524~~0170633156 Loan Paid in Full 1 8.~~650~~750% 360 5 GROUP 2 ~~0170607543~~0170633159 Loan Paid in Full 0 911.~~990~~500% 360 45 GROUP 2 ~~0170607601~~0170633180 Loan Paid in Full 0 67.~~750~~850% 360 5 GROUP 2 ~~0170632760~~0170633273 Loan Paid in Full 0 78.~~250~~000% 360 45 GROUP 2 ~~0170632885~~0170633279 Loan Paid in Full 0 108.~~300~~000% 360 5 GROUP 2 ~~0170633049~~0170633298 Loan Paid in Full 0 89.950% 360 45 GROUP 2 ~~0170633181~~0170633315 Loan Paid in Full 0 89.~~500~~250% 360 45 GROUP 2 ~~0170633217~~0170633326 Loan Paid in Full 0 108.~~250~~500% 360 45 GROUP 2 ~~0170633319~~0170670837 Loan Paid in Full 0 78.~~950~~250% 360 45 GROUP 2 ~~0170633344~~0170670840 Loan Paid in Full 0(1) 8.~~600~~300% 360 45

Prepayment - Voluntary Prepayments

Summary SMM CPR PSA Current Month 24.~~897~~390% Current Month 2941.~~730~~649% Current Month 2,~~290~~780.~~381~~781% 3 Month Average 23.~~140~~110% 3 Month Average 2231.~~686~~108% 3 Month Average 2,~~036~~355.~~960~~802% 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 16.384% N/A Mar-2006 1,824.254% N/A Apr-2006 21.945% N/A Apr-2006 1,996.246% N/A May-2006 29.730% N/A May-2006 2,290.381% N/A Jun-2006 41.649% N/A Jun-2006 2,780.781% 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 Current Number of Outstanding Percentage of Interest Rate Loans Scheduled Balance(%) Range(%) Balance($) < 4.000 0 0.00 0.000 4.000 4.499 0 0.00 0.000 4.500 4.999 4 ~~589~~587,~~295~~661.5241 0.~~064~~067 5.000 5.499 10 2,~~907~~905,~~528~~652.5067 0.~~317~~331 5.500 5.999 ~~139~~136 3130,~~258~~930,~~111~~677.0548 3.~~408~~528 6.000 6.499 ~~290~~296 7576,~~498~~538,~~728~~977.3370 8.~~231~~731 6.500 6.999 ~~671~~674 ~~173~~174,~~630~~949,~~097~~677.6499 1819.~~929~~958 7.000 7.499 ~~487~~474 ~~116~~112,~~401~~092,~~234~~456.6848 12.~~690~~787 7.500 7.999 ~~684~~657 ~~159~~152,~~913~~067,~~939~~894.4990 17.~~433~~347 8.000 8.499 ~~410~~387 8681,~~991~~705,~~579~~990.0727 9.~~484~~321 8.500 8.999 ~~500~~475 ~~105~~99,~~936~~950,~~595~~013.8708 11.~~549~~402 9.000 9.499 ~~224~~206 3835,~~652~~546,~~644~~462.4309 4.~~214~~055 9.500 9.999 ~~348~~312 5344,~~374~~766,~~113~~298.9364 5.~~819~~107 10.000 10.499 ~~142~~132 1514,~~969~~052,~~378~~125.4708 1.~~741~~603 10.500 10.999 ~~275~~259 2420,~~872~~968,~~247~~920.0513 2.~~712~~392 11.000 11.499 ~~181~~177 11,~~599~~003,~~156~~275.6339 1.~~265~~255 11.500 11.999 ~~213~~204 1413,~~576~~623,~~364~~760.2808 1.~~589~~554 12.000 12.499 8583 3,~~816~~660,~~958~~341.9030 0.~~416~~418 12.500 12.999 3029 1,~~167~~123,~~644~~371.6614 0.~~127~~128 13.000 13.499 2 ~~127~~126,~~082~~660.5543 0.014 13.500 13.999 0 0.00 0.000 >= 14.000 0 0.00 0.000 Total 4,~~695~~517 ~~917~~876,~~282~~600,~~701~~216.0526 100.000

Filing Compare · Nomura Home Equity Loan, Inc., Home Equity Loan Trust, Series 2006-HE1