10-D 1 sge06fr1_10d-200609.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: August 26, 2006 to September 25, 2006 Commission File Number of issuing entity: 333-125307-02 SG Mortgage Securities Trust 2006-FRE1 (Exact name of issuing entity as specified in its charter) Commission File Number of depositor: 333-125307 SG Mortgage Securities, LLC (Exact name of depositor as specified in its charter) SG Mortgage Finance Corp. (Exact name of sponsor as specified in its charter) New York (State or other jurisdiction of incorporation or organization of the issuing entity) 54-2196953 54-2196954 54-2196955 (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-1A _____ _____ __X___ ____________ A-1B _____ _____ __X___ ____________ A-2A _____ _____ __X___ ____________ A-2B _____ _____ __X___ ____________ A-2C _____ _____ __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___ ____________ M-10 _____ _____ __X___ ____________ M-11 _____ _____ __X___ ____________ M-12 _____ _____ __X___ ____________ CE _____ _____ __X___ ____________ P _____ _____ __X___ ____________ R _____ _____ __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 September 25, 2006 a distribution was made to holders of SG Mortgage Securities Trust 2006-FRE1. 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 SG Mortgage Securities Trust 2006-FRE1, relating to the September 25, 2006 distribution. (b) The exhibits required to be filed by Registrant pursuant to this Form 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. SG Mortgage Securities Trust 2006-FRE1 (Issuing Entity) Wells Fargo Bank, N.A. (Master Servicer) /s/ Kelly Rentz Kelly Rentz, Officer Date: October 13, 2006 EXHIBIT INDEX Exhibit Number Description EX-99.1 Monthly report distributed to holders of SG Mortgage Securities Trust 2006-FRE1, relating to the September 25, 2006 distribution. EX-99.1 Societe Generale Asset Backed Certificates Distribution Date: 9/25/2006 Societe Generale Asset Backed Certificates Series 2006-FRE1 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-1A 81879MAS8 5.~~27133~~49438% ~~248~~215,~~785~~131,~~000~~655.0050 1,~~675~~017,~~713~~846.3431 A-1B 81879MAT6 5.~~37133~~59438% 2723,~~643~~903,~~000~~709.0044 ~~189~~115,~~724~~153.0332 A-2A 81879MAU3 5.~~18133~~40438% ~~295~~254,~~936~~732,~~000~~376.0065 1,~~959~~185,~~270~~466.4332 A-2B 81879MAV1 5.~~28133~~50438% 132,141,000.00 ~~891~~626,~~735~~332.85 A-2C 81879MAW9 5.~~37133~~59438% 25,689,000.00 ~~176~~123,~~313~~753.0175 M-1 81879MAX7 5.~~44133~~66438% 36,344,000.00 ~~252~~177,~~692~~273.9570 M-2 81879MAY5 5.~~46133~~68438% 33,512,000.00 ~~233~~164,~~859~~037.0131 M-3 81879MAZ2 5.~~47133~~69438% 20,768,000.00 ~~145~~101,~~192~~835.0876 M-4 81879MBA6 5.~~57133~~79438% 18,408,000.00 ~~131~~91,~~045~~848.1165 M-5 81879MBB4 5.~~60133~~82438% 16,048,000.00 ~~114~~80,~~859~~487.6375 M-6 81879MBC2 5.~~70133~~92438% 15,104,000.00 ~~110~~77,~~033~~053.1480 M-7 81879MBD0 6.~~20133~~42438% 14,160,000.00 ~~112~~78,~~202~~334.7361 M-8 81879MBE8 6.~~40133~~62438% 12,272,000.00 ~~100~~70,~~378~~003.5450 M-9 81879MBF5 7.~~35133~~57438% 9,440,000.00 8861,~~673~~571.3829 M-10 81879MBG3 7.~~60133~~82438% 8,024,000.00 7754,~~935~~062.5999 M-11 81879MBH1 7.~~60133~~82438% 9,440,000.00 9163,~~688~~603.9352 M-12 81879MBJ7 7.~~60133~~82438% 9,440,000.00 9163,~~688~~603.9352 CE SGE06FR1X 0.00000% 10,~~858~~856,~~711~~147.0033 831,~~246~~561,182.6768 P SGE06FR1P 0.00000% 100.00 ~~242~~378,~~563~~572.1608 Totals ~~944~~865,~~012~~413,~~811~~988.0092 6,~~768~~092,~~816~~023.5171

Certificateholder Distribution Summary (continued) Class Principal Current Ending Total Cumulative Distribution Realized Certificate Distribution Realized Loss Balance Losses A-1A 1015,~~100~~606,~~798~~190.1338 0.00 ~~238~~199,~~684~~525,~~201~~465.8713 1116,~~776~~624,~~511~~036.4769 0.00 A-1B 1,~~122~~734,~~319~~035.9309 0.00 2622,~~520~~169,~~680~~674.0735 1,~~312~~849,~~043~~188.9641 0.00 A-2A 13,~~348~~217,~~899~~921.6119 0.00 ~~282~~241,~~587~~514,~~100~~455.3946 1514,~~308~~403,~~170~~387.0451 0.00 A-2B 0.00 0.00 132,141,000.00 ~~891~~626,~~735~~332.85 0.00 A-2C 0.00 0.00 25,689,000.00 ~~176~~123,~~313~~753.0175 0.00 M-1 0.00 0.00 36,344,000.00 ~~252~~177,~~692~~273.9570 0.00 M-2 0.00 0.00 33,512,000.00 ~~233~~164,~~859~~037.0131 0.00 M-3 0.00 0.00 20,768,000.00 ~~145~~101,~~192~~835.0876 0.00 M-4 0.00 0.00 18,408,000.00 ~~131~~91,~~045~~848.1165 0.00 M-5 0.00 0.00 16,048,000.00 ~~114~~80,~~859~~487.6375 0.00 M-6 0.00 0.00 15,104,000.00 ~~110~~77,~~033~~053.1480 0.00 M-7 0.00 0.00 14,160,000.00 ~~112~~78,~~202~~334.7361 0.00 M-8 0.00 0.00 12,272,000.00 ~~100~~70,~~378~~003.5450 0.00 M-9 0.00 0.00 9,440,000.00 8861,~~673~~571.3829 0.00 M-10 0.00 0.00 8,024,000.00 7754,~~935~~062.5999 0.00 M-11 0.00 0.00 9,440,000.00 9163,~~688~~603.9352 0.00 M-12 0.00 0.00 9,440,000.00 9163,~~688~~603.9352 0.00 CE 0.00 0.00 10,856,147.33 831,~~246~~561,182.6768 0.00 P 0.00 0.00 100.00 ~~242~~378,~~563~~572.1608 0.00 Totals 2430,~~572~~558,~~017~~146.6766 0.00 ~~919~~834,~~438~~855,~~229~~842.6627 3136,~~340~~650,~~834~~170.1837 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-1A 248,785,000.00 ~~248~~215,~~785~~131,~~000~~655.0050 0.00 1015,~~100~~606,~~798~~190.1338 0.00 0.00 A-1B 27,643,000.00 2723,~~643~~903,~~000~~709.0044 0.00 1,~~122~~734,~~319~~035.9309 0.00 0.00 A-2A 295,936,000.00 ~~295~~254,~~936~~732,~~000~~376.0065 0.00 13,~~348~~217,~~899~~921.6119 0.00 0.00 A-2B 132,141,000.00 132,141,000.00 0.00 0.00 0.00 0.00 A-2C 25,689,000.00 25,689,000.00 0.00 0.00 0.00 0.00 M-1 36,344,000.00 36,344,000.00 0.00 0.00 0.00 0.00 M-2 33,512,000.00 33,512,000.00 0.00 0.00 0.00 0.00 M-3 20,768,000.00 20,768,000.00 0.00 0.00 0.00 0.00 M-4 18,408,000.00 18,408,000.00 0.00 0.00 0.00 0.00 M-5 16,048,000.00 16,048,000.00 0.00 0.00 0.00 0.00 M-6 15,104,000.00 15,104,000.00 0.00 0.00 0.00 0.00 M-7 14,160,000.00 14,160,000.00 0.00 0.00 0.00 0.00 M-8 12,272,000.00 12,272,000.00 0.00 0.00 0.00 0.00 M-9 9,440,000.00 9,440,000.00 0.00 0.00 0.00 0.00 M-10 8,024,000.00 8,024,000.00 0.00 0.00 0.00 0.00 M-11 9,440,000.00 9,440,000.00 0.00 0.00 0.00 0.00 M-12 9,440,000.00 9,440,000.00 0.00 0.00 0.00 0.00 CE 10,858,711.00 10,~~858~~856,~~711~~147.0033 0.00 0.00 0.00 0.00 P 100.00 100.00 0.00 0.00 0.00 0.00 Totals 944,012,811.00 ~~944~~865,~~012~~413,~~811~~988.0092 0.00 2430,~~572~~558,~~017~~146.6766 0.00 0.00

Principal Distribution Statement (continued) Class Total Ending Ending Total Principal Certificate Certificate Principal Reduction Balance Percentage Distribution A-1A 1015,~~100~~606,~~798~~190.1338 ~~238~~199,~~684~~525,~~201~~465.8713 0.~~95939949~~80199958 1015,~~100~~606,~~798~~190.1338 A-1B 1,~~122~~734,~~319~~035.9309 2622,~~520~~169,~~680~~674.0735 0.~~95939949~~80199958 1,~~122~~734,~~319~~035.9309 A-2A 13,~~348~~217,~~899~~921.6119 ~~282~~241,~~587~~514,~~100~~455.3946 0.~~95489261~~81610367 13,~~348~~217,~~899~~921.6119 A-2B 0.00 132,141,000.00 1.00000000 0.00 A-2C 0.00 25,689,000.00 1.00000000 0.00 M-1 0.00 36,344,000.00 1.00000000 0.00 M-2 0.00 33,512,000.00 1.00000000 0.00 M-3 0.00 20,768,000.00 1.00000000 0.00 M-4 0.00 18,408,000.00 1.00000000 0.00 M-5 0.00 16,048,000.00 1.00000000 0.00 M-6 0.00 15,104,000.00 1.00000000 0.00 M-7 0.00 14,160,000.00 1.00000000 0.00 M-8 0.00 12,272,000.00 1.00000000 0.00 M-9 0.00 9,440,000.00 1.00000000 0.00 M-10 0.00 8,024,000.00 1.00000000 0.00 M-11 0.00 9,440,000.00 1.00000000 0.00 M-12 0.00 9,440,000.00 1.00000000 0.00 CE 0.00 10,856,147.33 0.99976391 0.00 P 0.00 100.00 1.00000000 0.00 Totals 2430,~~572~~558,~~017~~146.6766 ~~919~~834,~~438~~855,~~229~~842.6627 0.~~97396796~~88436919 2430,~~572~~558,~~017~~146.6766

Principal Distribution Factors Statement Class Original Beginning Scheduled UnScheduled Accretion Face Certificate Principal Principal Amount Balance Distribution Distribution A-1A 248,785,000.00 ~~1000~~864.~~00000000~~72920594 0.00000000 4062.~~60051100~~72962751 0.00000000 A-1B 27,643,000.00 ~~1000~~864.~~00000000~~72920595 0.00000000 4062.~~60051116~~72962739 0.00000000 A-2A 295,936,000.00 ~~1000~~860.~~00000000~~76846565 0.00000000 4544.~~10738677~~66479641 0.00000000 A-2B 132,141,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-2C 25,689,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-1 36,344,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-2 33,512,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-3 20,768,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-4 18,408,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-5 16,048,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-6 15,104,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-7 14,160,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-8 12,272,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-9 9,440,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-10 8,024,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-11 9,440,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-12 9,440,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 CE 10,858,711.00 ~~1000~~999.~~00000000~~76390660 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-1A 0.00000000 4062.~~60051100~~72962751 ~~959~~801.~~39948900~~99957847 0.~~95939949~~80199958 4062.~~60051100~~72962751 A-1B 0.00000000 4062.~~60051116~~72962739 ~~959~~801.~~39948884~~99957856 0.~~95939949~~80199958 4062.~~60051116~~72962739 A-2A 0.00000000 4544.~~10738677~~66479641 ~~954~~816.~~89261323~~10366924 0.~~95489261~~81610367 4544.~~10738677~~66479641 A-2B 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 A-2C 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 M-10 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 M-11 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 M-12 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 CE 0.00000000 0.00000000 999.76390660 0.99976391 0.00000000 P 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 NOTE: All classes per $1,000 denomination.

Interest Distribution Statement Class Accrual Accrual Current Beginning Current Payment of Dates Days Certificate Certificate/ Accrued Unpaid Interest Rate Notional Interest Shortfall (1) Balance A-1A 0508/1125/06 - 0609/2524/06 4631 5.~~27133~~49438% ~~248~~215,~~785~~131,~~000~~655.0050 1,~~675~~017,~~713~~846.3431 ~~86,202~~0.7800 A-1B 0508/1125/06 - 0609/2524/06 4631 5.~~37133~~59438% 2723,~~643~~903,~~000~~709.0044 ~~189~~115,~~724~~153.0332 ~~13,110~~0.3200 A-2A 0508/1125/06 - 0609/2524/06 4631 5.~~18133~~40438% ~~295~~254,~~936~~732,~~000~~376.0065 1,~~959~~185,~~270~~466.4332 ~~121,532~~0.0500 A-2B 0508/1125/06 - 0609/2524/06 4631 5.~~28133~~50438% 132,141,000.00 ~~891~~626,~~735~~332.85 ~~71,151~~0.0300 A-2C 0508/1125/06 - 0609/2524/06 4631 5.~~37133~~59438% 25,689,000.00 ~~176~~123,~~313~~753.0175 ~~16,786~~0.4200 M-1 0508/1125/06 - 0609/2524/06 4631 5.~~44133~~66438% 36,344,000.00 ~~252~~177,~~692~~273.9570 ~~24,534~~0.4700 M-2 0508/1125/06 - 0609/2524/06 4631 5.~~46133~~68438% 33,512,000.00 ~~233~~164,~~859~~037.0131 ~~23,479~~0.1100 M-3 0508/1125/06 - 0609/2524/06 4631 5.~~47133~~69438% 20,768,000.00 ~~145~~101,~~192~~835.0876 ~~14,815~~0.8100 M-4 0508/1125/06 - 0609/2524/06 4631 5.~~57133~~79438% 18,408,000.00 ~~131~~91,~~045~~848.1165 ~~15,484~~0.3200 M-5 0508/1125/06 - 0609/2524/06 4631 5.~~60133~~82438% 16,048,000.00 ~~114~~80,~~859~~487.6375 ~~14,114~~0.3300 M-6 0508/1125/06 - 0609/2524/06 4631 5.~~70133~~92438% 15,104,000.00 ~~110~~77,~~033~~053.1480 ~~15,214~~0.0300 M-7 0508/1125/06 - 0609/2524/06 4631 6.~~20133~~42438% 14,160,000.00 ~~112~~78,~~202~~334.7361 ~~23,309~~0.8200 M-8 0508/1125/06 - 0609/2524/06 4631 6.~~40133~~62438% 12,272,000.00 ~~100~~70,~~378~~003.5450 ~~23,338~~0.0200 M-9 0508/1125/06 - 0609/2524/06 4631 7.~~35133~~57438% 9,440,000.00 8861,~~673~~571.38 29 2,~~411~~516.4387 M-10 0508/1125/06 - 0609/2524/06 4631 7.~~60133~~82438% 8,024,000.00 7754,~~935~~062.5999 273,~~562~~866.9473 M-11 0508/1125/06 - 0609/2524/06 4631 7.~~60133~~82438% 9,440,000.00 9163,~~688~~603.9352 324,~~426~~549.9909 M-12 0508/1125/06 - 0609/2524/06 4631 7.~~60133~~82438% 9,440,000.00 9163,~~688~~603.9352 324,~~426~~549.9909 CE N/A N/A 0.00000% ~~944~~865,~~012~~413,~~810~~988.9692 0.00 0.00 P N/A N/A 0.00000% 100.00 0.00 0.00 Totals 64,~~443~~152,~~006~~268.6895 ~~584~~15,~~900~~481.8678

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-1A ~~86,202~~0.7800 0.00 1,~~675~~017,~~713~~846.3431 0.00 ~~238~~199,~~684~~525,~~201~~465.8713 A-1B ~~13,110~~0.3200 0.00 ~~189~~115,~~724~~153.0332 0.00 2622,~~520~~169,~~680~~674.0735 A-2A ~~121,532~~0.0500 0.00 1,~~959~~185,~~270~~466.4332 0.00 ~~282~~241,~~587~~514,~~100~~455.3946 A-2B ~~71,151~~0.0300 0.00 ~~891~~626,~~735~~332.85 0.00 132,141,000.00 A-2C ~~16,786~~0.4200 0.00 ~~176~~123,~~313~~753.0175 0.00 25,689,000.00 M-1 ~~24,534~~0.4700 0.00 ~~252~~177,~~692~~273.9570 0.00 36,344,000.00 M-2 ~~23,479~~0.1100 0.00 ~~233~~164,~~859~~037.0131 0.00 33,512,000.00 M-3 ~~14,815~~0.8100 0.00 ~~145~~101,~~192~~835.0876 0.00 20,768,000.00 M-4 ~~15,484~~0.3200 0.00 ~~131~~91,~~045~~848.1165 0.00 18,408,000.00 M-5 ~~14,114~~0.3300 0.00 ~~114~~80,~~859~~487.6375 0.00 16,048,000.00 M-6 ~~15,214~~0.0300 0.00 ~~110~~77,~~033~~053.1480 0.00 15,104,000.00 M-7 ~~23,309~~0.8200 0.00 ~~112~~78,~~202~~334.7361 0.00 14,160,000.00 M-8 ~~23,338~~0.0200 0.00 ~~100~~70,~~378~~003.5450 0.00 12,272,000.00 M-9 292,~~411~~516.4387 0.00 8861,~~673~~571.3829 0.00 9,440,000.00 M-10 273,~~562~~866.9473 0.00 7754,~~935~~062.5999 0.00 8,024,000.00 M-11 324,~~426~~549.9909 0.00 9163,~~688~~603.9352 0.00 9,440,000.00 M-12 324,~~426~~549.9909 0.00 9163,~~688~~603.9352 0.00 9,440,000.00 CE 0.00 0.00 831,~~246~~561,182.6768 0.00 ~~919~~834,~~438~~855,~~229~~842.6626 P 0.00 0.00 ~~242~~378,~~563~~572.1608 0.00 100.00 Totals ~~584~~15,~~900~~481.8678 0.00 6,~~768~~092,~~816~~023.5171 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-1A 248,785,000.00 5.~~27133~~49438% ~~1000~~864.~~00000000~~72920594 64.~~73558832~~09126881 0.~~34649509~~00000000 A-1B 27,643,000.00 5.~~37133~~59438% ~~1000~~864.~~00000000~~72920595 64.~~86336613~~16573165 0.~~47427269~~00000000 A-2A 295,936,000.00 5.~~18133~~40438% ~~1000~~860.~~00000000~~76846565 64.~~62058834~~00581991 0.~~41067004~~00000000 A-2B 132,141,000.00 5.~~28133~~50438% 1000.00000000 64.~~74836614~~73988278 0.~~53844779~~00000000 A-2C 25,689,000.00 5.~~37133~~59438% 1000.00000000 64.~~86336603~~81738293 0.~~65344778~~00000000 M-1 36,344,000.00 5.~~44133~~66438% 1000.00000000 64.~~95281064~~87766069 0.~~67506246~~00000000 M-2 33,512,000.00 5.~~46133~~68438% 1000.00000000 64.~~97836626~~89488273 0.~~70061799~~00000000 M-3 20,768,000.00 5.~~47133~~69438% 1000.00000000 64.~~99114407~~90349384 0.~~71339609~~00000000 M-4 18,408,000.00 5.~~57133~~79438% 1000.00000000 74.~~11892166~~98960506 0.~~84117340~~00000000 M-5 16,048,000.00 5.~~60133~~82438% 1000.00000000 75.~~15725511~~01543806 0.~~87950710~~00000000 M-6 15,104,000.00 5.~~70133~~92438% 1000.00000000 75.~~28503310~~10154926 10.~~00728483~~00000000 M-7 14,160,000.00 6.~~20133~~42438% 1000.00000000 75.~~92392161~~53210523 10.~~64617373~~00000000 M-8 12,272,000.00 6.~~40133~~62438% 1000.00000000 85.~~17947686~~70432692 10.~~90172914~~00000000 M-9 9,440,000.00 7.~~35133~~57438% 1000.00000000 96.~~39336653~~52238242 30.~~11561758~~26661758 M-10 8,024,000.00 7.~~60133~~82438% 1000.00000000 96.~~71281032~~73766077 30.~~43506231~~48189556 M-11 9,440,000.00 7.~~60133~~82438% 1000.00000000 96.~~71281038~~73766102 30.~~43506250~~48189513 M-12 9,440,000.00 7.~~60133~~82438% 1000.00000000 96.~~71281038~~73766102 30.~~43506250~~48189513 CE 10,858,711.00 0.00000% ~~86935~~79697.~~99184655~~67211965 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-1A 0.~~34649509~~00000000 0.00000000 64.~~73558832~~09126881 0.00000000 ~~959~~801.~~39948900~~99957847 A-1B 0.~~47427269~~00000000 0.00000000 64.~~86336613~~16573165 0.00000000 ~~959~~801.~~39948884~~99957856 A-2A 0.~~41067004~~00000000 0.00000000 64.~~62058834~~00581991 0.00000000 ~~954~~816.~~89261323~~10366924 A-2B 0.~~53844779~~00000000 0.00000000 64.~~74836614~~73988278 0.00000000 1000.00000000 A-2C 0.~~65344778~~00000000 0.00000000 64.~~86336603~~81738293 0.00000000 1000.00000000 M-1 0.~~67506246~~00000000 0.00000000 64.~~95281064~~87766069 0.00000000 1000.00000000 M-2 0.~~70061799~~00000000 0.00000000 64.~~97836626~~89488273 0.00000000 1000.00000000 M-3 0.~~71339609~~00000000 0.00000000 64.~~99114407~~90349384 0.00000000 1000.00000000 M-4 0.~~84117340~~00000000 0.00000000 74.~~11892166~~98960506 0.00000000 1000.00000000 M-5 0.~~87950710~~00000000 0.00000000 75.~~15725511~~01543806 0.00000000 1000.00000000 M-6 10.~~00728483~~00000000 0.00000000 75.~~28503310~~10154926 0.00000000 1000.00000000 M-7 10.~~64617373~~00000000 0.00000000 75.~~92392161~~53210523 0.00000000 1000.00000000 M-8 10.~~90172914~~00000000 0.00000000 85.~~17947686~~70432692 0.00000000 1000.00000000 M-9 30.~~11561758~~26661758 0.00000000 96.~~39336653~~52238242 0.00000000 1000.00000000 M-10 30.~~43506231~~48189556 0.00000000 96.~~71281032~~73766077 0.00000000 1000.00000000 M-11 30.~~43506250~~48189513 0.00000000 96.~~71281038~~73766102 0.00000000 1000.00000000 M-12 30.~~43506250~~48189513 0.00000000 96.~~71281038~~73766102 0.00000000 1000.00000000 CE 0.00000000 0.00000000 7143.~~66634916~~77237593 0.00000000 ~~84672~~76883.~~87044107~~51244084 P 0.00000000 0.00000000 ~~2425631~~3785720.~~60000000~~80000000 0.00000000 1000.00000000 (1) Amount also includes Coupon Cap or Basis Risk Shortfalls,if applicable. NOTE: All classes per $1,000 denomination.

CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 3035,~~867~~066,~~763~~076.9843 Reserve Funds and Credit Enhancements 0.00 Proceeds from Repurchased Loans 0.00 Servicer Advances 361,~~657~~274,490.4877 Gains & Subsequent Recoveries (Realized Losses) 0.00 Prepayment Penalties ~~242~~378,~~563~~572.1608 Swap/Cap Payments ~~597~~300,~~415~~995.0457 Total Deposits 3137,~~744~~020,~~399~~134.6685 Withdrawals Swap Payments 0.00 Reserve Funds and Credit Enhancements 0.00 Total Administration Fees ~~403~~369,~~565~~964.48 Payment of Interest and Principal 3136,~~340~~650,~~834~~170.1837 Total Withdrawals (Pool Distribution Amount) 3137,~~744~~020,~~399~~134.6685 Ending Balance 0.00 Servicer Advances are calculated as delinquent scheduled principal and interest.

ADMINISTRATION FEES Gross Servicing Fee* ~~393~~360,~~338~~589.6717 Credit Risk Manager Fee - Clayton Fixed Income Services 109,~~226~~375.8131 Supported Prepayment/Curtailment Interest Shortfall 0.00 Total Administration Fees ~~403~~369,~~565~~964.48 *Servicer Payees include: Wells Fargo Bank N.A.; WELLS FARGO BANK, N.A.

Reserve and Guaranty Funds Account Name Beginning Current Current Ending Balance Withdrawals Deposits Balance Reserve Fund 0.00 7015,~~732~~481.5178 7015,~~732~~481.5178 0.00 Hedge Funds Account Name Funds In (A) Funds Out(B) Net Amount(A - B) SWAP Agreement Payment - Bear Stearns & Co. Inc 64,~~082~~120,~~639~~932.4183 53,~~485~~819,~~224~~937.3726 ~~597~~300,~~415~~995.0457

COLLATERAL STATEMENT Collateral Description Mixed Fixed & Arm Weighted Average Gross Coupon 08.~~000000~~018018% Weighted Average Net Coupon 7.~~546298~~518018% Weighted Average Pass-Through Rate 07.~~000000~~505018% Weighted Average Remaining Term ~~355~~352 Beginning Scheduled Collateral Loan Count 43,~~262~~913 Number Of Loans Paid In Full ~~107~~121 Ending Scheduled Collateral Loan Count 43,~~155~~792 Beginning Scheduled Collateral Balance ~~944~~865,~~012~~413,~~810~~988.9692 Ending Scheduled Collateral Balance ~~919~~834,~~438~~855,~~229~~842.6626 Ending Actual Collateral Balance at 31-~~May~~Aug-2006 ~~919~~835,~~822~~413,~~909~~048.0703 Monthly P&I Constant 6,~~758~~184,~~549~~888.1213 Special Servicing Fee 0.00 Prepayment Penalty Waived Amount 0.00 Prepayment Penalty Waived Count 0 Prepayment Penalty Paid Amount ~~242~~378,~~563~~572.1608 Prepayment Penalty Paid Count * Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Scheduled Principal 0402,467.0049 Unscheduled Principal 2430,~~145~~155,~~872~~679.1517 * This data is currently not provided for reporting.

Group Level Collateral Statement Group Loan Group I Loan Group I Collateral Description Fixed 15/30 & ARM Fixed 15/30 & ARM Weighted Average Coupon Rate 8.~~158130~~131001 8.~~307379~~282043 Weighted Average Net Rate 7.~~658130~~631001 7.~~807379~~782043 Pass-Through Rate 7.618001 7.769043 Weighted Average Remaining Term ~~355~~353 ~~350~~347 Record Date 0508/31/2006 0508/31/2006 Principal And Interest Constant 21,~~227~~981,~~796~~081.3316 ~~397~~367,~~676~~511.2553 Beginning Loan Count 1,~~414~~269 ~~459~~426 Loans Paid in Full 4862 813 Ending Loan Count 1,~~366~~207 ~~451~~413 Beginning Scheduled Balance ~~305~~271,~~219~~773,~~269~~279.1814 5248,~~153~~205,~~495~~680.9703 Ending Scheduled Balance ~~294~~255,~~885~~986,~~542~~390.2810 5146,~~262~~652,~~933~~343.8960 Scheduled Principal ~~152~~139,~~780~~590.8542 3634,~~627~~810.2128 Unscheduled Principal 1015,~~180~~647,~~946~~298.0562 ~~853~~1,~~934~~518,526.8715 Scheduled Interest 21,~~075~~841,~~015~~490.4874 ~~361~~332,~~049~~701.0425 Servicing Fees ~~127~~113,~~174~~238.7087 2120,~~730~~085.6270 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 32,~~306~~944.5421 ~~565~~522.0023 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,~~944~~725,~~534~~307.2466 ~~338~~312,~~753~~093.4232 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 ~~121~~159,~~128~~394.8349 1514,~~308~~464.6367 Prepayment Penalty Paid Count * * Special Servicing Fee 0.00 0.00 * This data is currently not provided for reporting.

Group Level Collateral Statement Group Loan Group II Loan Group II Collateral Description Fixed 15/30 & ARM Fixed 15/30 & ARM Weighted Average Coupon Rate 7.~~796318~~762815 9.~~377594~~356797 Weighted Average Net Rate 7.~~296318~~262815 8.~~877595~~856797 Pass-Through Rate 7.249815 8.843797 Weighted Average Remaining Term ~~356~~353 ~~352~~349 Record Date 0508/31/2006 0508/31/2006 Principal And Interest Constant 3,~~608~~332,~~700~~765.3779 ~~524~~503,~~376~~529.1765 Beginning Loan Count 1,~~781~~639 ~~608~~579 Loans Paid in Full 4342 84 Ending Loan Count 1,~~738~~597 ~~600~~575 Beginning Scheduled Balance ~~524~~485,~~096~~357,~~779~~061.1904 6260,~~543~~077,~~266~~968.6271 Ending Scheduled Balance ~~511~~472,~~400~~394,~~179~~831.9169 6159,~~889~~822,~~573~~276.5887 Scheduled Principal ~~203~~192,~~679~~984.4194 35,~~621~~081.6885 Unscheduled Principal 12,~~492~~769,~~919~~244.8741 ~~618~~220,~~071~~609.3699 Scheduled Interest 3,~~405~~139,~~020~~780.9685 ~~488~~468,~~754~~447.4980 Servicing Fees ~~218~~202,~~373~~232.6611 2625,~~059~~032.6949 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 5,~~677~~258.7203 ~~677~~650.5584 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 32,~~180~~932,~~969~~290.5871 ~~462~~442,~~017~~764.2547 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 ~~100~~200,~~493~~005.2374 54,~~632~~707.4718 Prepayment Penalty Paid Count * * Special Servicing Fee 0.00 0.00 * This data is currently not provided for reporting.

Group Level Collateral Statement Group Total Collateral Description Mixed Fixed & Arm Weighted Average Coupon Rate 08.~~000000~~018018 Weighted Average Net Rate 7.~~546298~~518018 Pass-Through Rate 7.505018 Weighted Average Remaining Term ~~355~~352 Record Date 0508/31/2006 Principal And Interest Constant 6,~~758~~184,~~549~~888.1213 Beginning Loan Count 43,~~262~~913 Loans Paid in Full ~~107~~121 Ending Loan Count 43,~~155~~792 Beginning Scheduled Balance ~~944~~865,~~012~~413,~~810~~988.9692 Ending Scheduled Balance ~~919~~834,~~438~~855,~~229~~842.6626 Scheduled Principal ~~428~~402,~~709~~467.1549 Unscheduled Principal 2430,~~145~~155,~~872~~679.1517 Scheduled Interest 65,~~329~~782,~~839~~420.9764 Servicing Fees ~~393~~360,~~338~~589.6717 Master Servicing Fees 0.00 Trustee Fee 0.00 FRY Amount 0.00 Special Hazard Fee 0.00 Other Fee 109,~~226~~375.8131 Pool Insurance Fee 0.00 Spread 1 0.00 Spread 2 0.00 Spread 3 0.00 Net Interest 5,~~926~~412,~~274~~456.4916 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 ~~242~~378,~~563~~572.1608 Prepayment Penalty Paid Count * Special Servicing Fee 0.00 * This data is currently not provided for reporting.

Additional Reporting - Deal Level Informational Reporting Extraordinary Trust Fund Expenses 0.00 Miscellaneous Reporting Net Liquidation Proceeds 0.00 Structural Reporting Credit Enhancement Percentage 2325.~~255364~~611146% Overcollateralization Amount 10,856,147.33 Overcollateralization Reduction Amount ~~2,563~~0.6300 Overcollateralization Increase Amount ~~-2,563~~0.6300 Required Overcollateralization Amount 10,856,147.33 Trigger Event Reporting Step Up Cumulative Loss Trigger Trigger Result Pass Threshold Value 1.500000% Calculated Value 0.000000% Step Up Enhancement Deliquency Trigger Trigger Result Pass Threshold Value 89.~~213700~~045861% Calculated Value 03.~~000000~~136255% Step Up Trigger 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 05 0 0 05 01,217,283.0083 0.00 0.00 01,217,283.0083 30 Days 4150 0 0 0 4150 ~~836~~29,~~855~~161,614.0661 0.00 0.00 0.00 ~~836~~29,~~855~~161,614.0661 60 Days 099 0 0 0 099 021,176,530.0081 0.00 0.00 0.00 021,176,530.0081 90 Days 035 01 059 0 095 05,919,017.0077 083,883.0006 014,080,135.0033 0.00 020,083,036.0016 120 Days 020 02 056 01 079 03,689,544.0023 0495,029.0054 015,648,101.0070 067,426.0073 019,900,102.0020 150 Days 08 01 033 0 042 0824,061.0053 0115,840.0069 07,767,944.0070 0.00 08,707,846.0092 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 4312 09 0148 01 4470 ~~836~~60,~~855~~770,768.0695 01,912,037.0012 037,496,181.0073 067,426.0073 ~~836~~100,~~855~~246,414.0653 No. of Loans No. of Loans No. of Loans No. of Loans No. of Loans Actual Balance Actual Balance Actual Balance Actual Balance Actual Balance 0-29 Days 0.~~000000~~131857% 0.000000% 0.000000% 0.~~000000~~131857% 0.~~000000~~145710% 0.000000% 0.000000% 0.~~000000~~145710% 30 Days 03.~~096270~~955696% 0.000000% 0.000000% 0.000000% 03.~~096270~~955696% 03.~~090980~~490682% 0.000000% 0.000000% 0.000000% 03.~~090980~~490682% 60 Days 02.~~000000~~610759% 0.000000% 0.000000% 0.000000% 02.~~000000~~610759% 02.~~000000~~534858% 0.000000% 0.000000% 0.000000% 02.~~000000~~534858% 90 Days 0.~~000000~~922996% 0.~~000000~~026371% 01.~~000000~~555907% 0.000000% 02.~~000000~~505274% 0.~~000000~~708514% 0.~~000000~~010041% 01.~~000000~~685410% 0.000000% 02.~~000000~~403965% 120 Days 0.~~000000~~527426% 0.~~000000~~052743% 01.~~000000~~476793% 0.~~000000~~026371% 02.~~000000~~083333% 0.~~000000~~441643% 0.~~000000~~059256% 01.~~000000~~873098% 0.~~000000~~008071% 02.~~000000~~382067% 150 Days 0.~~000000~~210970% 0.~~000000~~026371% 0.~~000000~~870253% 0.000000% 01.~~000000~~107595% 0.~~000000~~098641% 0.~~000000~~013866% 0.~~000000~~929833% 0.000000% 01.~~000000~~042340% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 08.~~096270~~227848% 0.~~000000~~237342% 03.~~000000~~902954% 0.~~000000~~026371% 012.~~096270~~394515% 07.~~090980~~274338% 0.~~000000~~228873% 04.~~000000~~488340% 0.~~000000~~008071% 011.~~090980~~999623%

Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 361,~~657~~274,490.4877

Delinquency Status By Group DELINQUENT BANKRUPTCY FORECLOSURE REO Total Loan Group I 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 02 0 0 02 0292,608.0007 0.00 0.00 0292,608.0007 30 Days 263 0 0 0 263 ~~224~~12,~~533~~660,537.4175 0.00 0.00 0.00 ~~224~~12,~~533~~660,537.4175 60 Days 034 0 0 0 034 07,093,482.0069 0.00 0.00 0.00 07,093,482.0069 90 Days 09 0 017 0 026 01,743,379.0057 0.00 03,775,920.0011 0.00 05,519,299.0068 120 Days 03 01 017 0 021 0725,706.0003 0159,893.0083 03,390,051.0099 0.00 04,275,651.0085 150 Days 0 01 012 0 013 0.00 0115,840.0069 02,536,219.0087 0.00 02,652,060.0056 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 2109 04 046 0 2159 ~~224~~22,~~533~~223,106.4104 0568,342.0059 09,702,191.0097 0.00 ~~224~~32,~~533~~493,640.4160 0-29 Days 0.~~000000~~165700% 0.000000% 0.000000% 0.~~000000~~165700% 0.~~000000~~114220% 0.000000% 0.000000% 0.~~000000~~114220% 30 Days 05.~~146413~~219553% 0.000000% 0.000000% 0.000000% 05.~~146413~~219553% 04.~~000000~~942070% 0.000000% 0.000000% 0.000000% 04.~~000000~~942070% 60 Days 02.~~000000~~816901% 0.000000% 0.000000% 0.000000% 02.~~000000~~816901% 02.~~000000~~768958% 0.000000% 0.000000% 0.000000% 02.~~000000~~768958% 90 Days 0.~~000000~~745650% 0.000000% 01.~~000000~~408451% 0.000000% 02.~~000000~~154101% 0.~~000000~~680532% 0.000000% 01.~~000000~~473939% 0.000000% 02.~~000000~~154471% 120 Days 0.~~000000~~248550% 0.~~000000~~082850% 01.~~000000~~408451% 0.000000% 01.~~000000~~739851% 0.~~000000~~283281% 0.~~000000~~062415% 01.~~000000~~323315% 0.000000% 01.~~000000~~669011% 150 Days 0.000000% 0.~~000000~~082850% 0.~~000000~~994200% 0.000000% 01.~~000000~~077051% 0.000000% 0.~~000000~~045219% 0.~~000000~~990019% 0.000000% 01.~~000000~~035238% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 09.~~146413~~030655% 0.~~000000~~331400% 03.~~000000~~811102% 0.000000% 013.~~146413~~173157% 08.~~000000~~674841% 0.~~000000~~221854% 03.~~000000~~787273% 0.000000% 012.~~000000~~683968% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Loan Group I 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 01 0 0 01 027,903.0021 0.00 0.00 027,903.0021 30 Days 112 0 0 0 112 211,~~118~~602,862.3374 0.00 0.00 0.00 211,~~118~~602,862.3374 60 Days 07 0 0 0 07 0571,628.0090 0.00 0.00 0.00 0571,628.0090 90 Days 06 0 0 0 06 0408,122.0088 0.00 0.00 0.00 0408,122.0088 120 Days 01 0 0 0 01 027,666.0084 0.00 0.00 0.00 027,666.0084 150 Days 02 0 01 0 03 0107,518.0097 0.00 0134,935.0067 0.00 0242,454.0064 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 28 1 01 0 030 ~~1 21~~2,~~118~~717,800.33 027,903.0021 0134,935.0067 0.00 212,~~118~~880,639.3321 0-29 Days 0.~~000000~~242131% 0.000000% 0.000000% 0.~~000000~~242131% 0.~~000000~~059764% 0.000000% 0.000000% 0.~~000000~~059764% 30 Days 02.~~221729~~905569% 0.000000% 0.000000% 0.000000% 02.~~221729~~905569% 03.~~000000~~433090% 0.000000% 0.000000% 0.000000% 03.~~000000~~433090% 60 Days 01.~~000000~~694915% 0.000000% 0.000000% 0.000000% 01.~~000000~~694915% 01.~~000000~~224343% 0.000000% 0.000000% 0.000000% 01.~~000000~~224343% 90 Days 01.~~000000~~452785% 0.000000% 0.000000% 0.000000% 01.~~000000~~452785% 0.~~000000~~874138% 0.000000% 0.000000% 0.000000% 0.~~000000~~874138% 120 Days 0.~~000000~~242131% 0.000000% 0.000000% 0.000000% 0.~~000000~~242131% 0.~~000000~~059258% 0.000000% 0.000000% 0.000000% 0.~~000000~~059258% 150 Days 0.~~000000~~484262% 0.000000% 0.~~000000~~242131% 0.000000% 0.~~000000~~726392% 0.~~000000~~230289% 0.000000% 0.~~000000~~289012% 0.000000% 0.~~000000~~519301% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 06.~~221729~~779661% 0.~~000000~~242131% 0.~~000000~~242131% 0.000000% 07.~~221729~~263923% 05.~~000000~~821117% 0.~~000000~~059764% 0.~~000000~~289012% 0.000000% 06.~~000000~~169894% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Loan Group II 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 01 0 0 01 0717,423.0097 0.00 0.00 0717,423.0097 30 Days 165 0 0 0 165 ~~591~~14,~~203~~028,006.3274 0.00 0.00 0.00 ~~591~~14,~~203~~028,006.3274 60 Days 045 0 0 0 045 012,376,292.0001 0.00 0.00 0.00 012,376,292.0001 90 Days 012 0 039 0 051 03,177,665.0028 0.00 09,975,859.0073 0.00 013,153,525.0001 120 Days 05 01 036 01 043 02,217,870.0030 0335,135.0071 011,928,532.0033 067,426.0073 014,548,965.0007 150 Days 01 0 017 0 018 0379,733.0015 0.00 04,786,934.0014 0.00 05,166,667.0029 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 1128 02 092 0 1 ~~591~~223 32,~~203~~179,567.3248 01,052,559.0068 026,691,326.0020 067,426.0073 ~~591~~59,~~203~~990,880.3209 0-29 Days 0.~~000000~~062617% 0.000000% 0.000000% 0.~~000000~~062617% 0.~~000000~~151778% 0.000000% 0.000000% 0.~~000000~~151778% 30 Days 04.~~057537~~070131% 0.000000% 0.000000% 0.000000% 04.~~057537~~070131% 02.~~000000~~967768% 0.000000% 0.000000% 0.000000% 02.~~000000~~967768% 60 Days 02.~~000000~~817783% 0.000000% 0.000000% 0.000000% 02.~~000000~~817783% 02.~~000000~~618331% 0.000000% 0.000000% 0.000000% 02.~~000000~~618331% 90 Days 0.~~000000~~751409% 0.000000% 02.~~000000~~442079% 0.000000% 03.~~000000~~193488% 0.~~000000~~672267% 0.000000% 02.~~000000~~110495% 0.000000% 02.~~000000~~782762% 120 Days 0.~~000000~~313087% 0.~~000000~~062617% 02.~~000000~~254227% 0.~~000000~~062617% 02.~~000000~~692549% 0.~~000000~~469213% 0.~~000000~~070901% 02.~~000000~~523602% 0.~~000000~~014265% 03.~~000000~~077982% 150 Days 0.~~000000~~062617% 0.000000% 01.~~000000~~064496% 0.000000% 01.~~000000~~127113% 0.~~000000~~080336% 0.000000% 01.~~000000~~012725% 0.000000% 01.~~000000~~093061% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 08.~~057537~~015028% 0.~~000000~~125235% 05.~~000000~~760802% 0.~~000000~~062617% 013.~~057537~~963682% 06.~~000000~~807915% 0.~~000000~~222680% 05.~~000000~~646822% 0.~~000000~~014265% 012.~~000000~~691681% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Loan Group II 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 01 0 0 01 0179,348.0058 0.00 0.00 0179,348.0058 30 Days 010 0 0 0 010 0870,207.0038 0.00 0.00 0.00 0870,207.0038 60 Days 013 0 0 0 013 01,135,127.0021 0.00 0.00 0.00 01,135,127.0021 90 Days 08 01 03 0 012 0589,850.0004 083,883.0006 0328,355.0049 0.00 01,002,088.0059 120 Days 011 0 03 0 014 0718,301.0006 0.00 0329,517.0038 0.00 01,047,818.0044 150 Days 05 0 03 0 08 0336,809.0041 0.00 0309,855.0002 0.00 0646,664.0043 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 047 02 09 0 058 03,650,295.0010 0263,231.0064 0967,727.0089 0.00 04,881,254.0063 0-29 Days 0.~~000000~~173913% 0.000000% 0.000000% 0.~~000000~~173913% 0.~~000000~~299579% 0.000000% 0.000000% 0.~~000000~~299579% 30 Days 01.~~000000~~739130% 0.000000% 0.000000% 0.000000% 01.~~000000~~739130% 01.~~000000~~453572% 0.000000% 0.000000% 0.000000% 01.~~000000~~453572% 60 Days 02.~~000000~~260870% 0.000000% 0.000000% 0.000000% 02.~~000000~~260870% 01.~~000000~~896087% 0.000000% 0.000000% 0.000000% 01.~~000000~~896087% 90 Days 01.~~000000~~391304% 0.~~000000~~173913% 0.~~000000~~521739% 0.000000% 02.~~000000~~086957% 0.~~000000~~985270% 0.~~000000~~140116% 0.~~000000~~548476% 0.000000% 01.~~000000~~673862% 120 Days 01.~~000000~~913043% 0.000000% 0.~~000000~~521739% 0.000000% 02.~~000000~~434783% 01.~~000000~~199831% 0.000000% 0.~~000000~~550417% 0.000000% 01.~~000000~~750248% 150 Days 0.~~000000~~869565% 0.000000% 0.~~000000~~521739% 0.000000% 01.~~000000~~391304% 0.~~000000~~562598% 0.000000% 0.~~000000~~517574% 0.000000% 01.~~000000~~080171% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 08.~~000000~~173913% 0.~~000000~~347826% 01.~~000000~~565217% 0.000000% 010.~~000000~~086957% 06.~~000000~~097357% 0.~~000000~~439695% 01.~~000000~~616467% 0.000000% 08.~~000000~~153520%

Summary 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 Jul-05 0.000% Original Principal Balance 0.00 Aug-05 0.000% Current Actual Balance 0.00 Sep-05 0.000% Oct-05 0.000% Current REO Total Nov-05 0.000% Loans in REO 0 Dec-05 0.000% Original Principal Balance 0.00 Jan-06 0.000% Current Actual Balance 0.00 Feb-06 0.000% Mar-06 0.000% Apr-06 0.000% May-06 0.000% 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. Loan Group I 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 Jul-05 0.000% Original Principal Balance 0.00 Aug-05 0.000% Current Actual Balance 0.00 Sep-05 0.000% Oct-05 0.000% Current REO Total Nov-05 0.000% Loans in REO 0 Dec-05 0.000% Original Principal Balance 0.00 Jan-06 0.000% Current Actual Balance 0.00 Feb-06 0.000% Mar-06 0.000% Apr-06 0.000% May-06 0.000% 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. Loan Group I 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 Jul-05 0.000% Original Principal Balance 0.00 Aug-05 0.000% Current Actual Balance 0.00 Sep-05 0.000% Oct-05 0.000% Current REO Total Nov-05 0.000% Loans in REO 0 Dec-05 0.000% Original Principal Balance 0.00 Jan-06 0.000% Current Actual Balance 0.00 Feb-06 0.000% Mar-06 0.000% Apr-06 0.000% May-06 0.000% 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. Loan Group II 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 Jul-05 0.000% Original Principal Balance 0.00 Aug-05 0.000% Current Actual Balance 0.00 Sep-05 0.000% Oct-05 0.000% Current REO Total Nov-05 0.000% Loans in REO 0 Dec-05 0.000% Original Principal Balance 0.00 Jan-06 0.000% Current Actual Balance 0.00 Feb-06 0.000% Mar-06 0.000% Apr-06 0.000% May-06 0.000% 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. Loan Group II 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 Jul-05 0.000% Original Principal Balance 0.00 Aug-05 0.000% Current Actual Balance 0.00 Sep-05 0.000% Oct-05 0.000% Current REO Total Nov-05 0.000% Loans in REO 0 Dec-05 0.000% Original Principal Balance 0.00 Jan-06 0.000% Current Actual Balance 0.00 Feb-06 0.000% Mar-06 0.000% Apr-06 0.000% May-06 0.000% 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.

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 No REO Loans this Period

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 No REO Loans this Period

Summary 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 0 Jul-05 0.000% Original Principal Balance 0.00 Aug-05 0.000% Current Actual Balance 0.00 Sep-05 0.000% Oct-05 0.000% Current Foreclosure Total Nov-05 0.000% Loans in Foreclosure 0 Dec-05 0.000% Original Principal Balance 0.00 Jan-06 0.000% Current Actual Balance 0.00 Feb-06 0.000% Mar-06 0.000% Apr-06 0.000% May-06 0.000% 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. Loan Group I 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 0 Jul-05 0.000% Original Principal Balance 0.00 Aug-05 0.000% Current Actual Balance 0.00 Sep-05 0.000% Oct-05 0.000% Current Foreclosure Total Nov-05 0.000% Loans in Foreclosure 0 Dec-05 0.000% Original Principal Balance 0.00 Jan-06 0.000% Current Actual Balance 0.00 Feb-06 0.000% Mar-06 0.000% Apr-06 0.000% May-06 0.000% 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. Loan Group I 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 0 Jul-05 0.000% Original Principal Balance 0.00 Aug-05 0.000% Current Actual Balance 0.00 Sep-05 0.000% Oct-05 0.000% Current Foreclosure Total Nov-05 0.000% Loans in Foreclosure 0 Dec-05 0.000% Original Principal Balance 0.00 Jan-06 0.000% Current Actual Balance 0.00 Feb-06 0.000% Mar-06 0.000% Apr-06 0.000% May-06 0.000% 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. Loan Group II 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 0 Jul-05 0.000% Original Principal Balance 0.00 Aug-05 0.000% Current Actual Balance 0.00 Sep-05 0.000% Oct-05 0.000% Current Foreclosure Total Nov-05 0.000% Loans in Foreclosure 0 Dec-05 0.000% Original Principal Balance 0.00 Jan-06 0.000% Current Actual Balance 0.00 Feb-06 0.000% Mar-06 0.000% Apr-06 0.000% May-06 0.000% 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. Loan Group II 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 0 Jul-05 0.000% Original Principal Balance 0.00 Aug-05 0.000% Current Actual Balance 0.00 Sep-05 0.000% Oct-05 0.000% Current Foreclosure Total Nov-05 0.000% Loans in Foreclosure 0 Dec-05 0.000% Original Principal Balance 0.00 Jan-06 0.000% Current Actual Balance 0.00 Feb-06 0.000% Mar-06 0.000% Apr-06 0.000% May-06 0.000% 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 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 No Foreclosure Loans this Period

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 No Foreclosure Loans this Period

Summary 12 Month Bankruptcy History* New Bankruptcy Loans Month Bankruptcy Percentage Loans in Bankruptcy 0 Jul-05 0.000% Original Principal Balance 0.00 Aug-05 0.000% Current Actual Balance 0.00 Sep-05 0.000% Oct-05 0.000% Current Bankruptcy Total Nov-05 0.000% Loans in Bankruptcy 0 Dec-05 0.000% Original Principal Balance 0.00 Jan-06 0.000% Current Actual Balance 0.00 Feb-06 0.000% Mar-06 0.000% Apr-06 0.000% May-06 0.000% 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. Loan Group I 12 Month Bankruptcy History* New Bankruptcy Loans Month Bankruptcy Percentage Loans in Bankruptcy 0 Jul-05 0.000% Original Principal Balance 0.00 Aug-05 0.000% Current Actual Balance 0.00 Sep-05 0.000% Oct-05 0.000% Current Bankruptcy Total Nov-05 0.000% Loans in Bankruptcy 0 Dec-05 0.000% Original Principal Balance 0.00 Jan-06 0.000% Current Actual Balance 0.00 Feb-06 0.000% Mar-06 0.000% Apr-06 0.000% May-06 0.000% 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. Loan Group I 12 Month Bankruptcy History* New Bankruptcy Loans Month Bankruptcy Percentage Loans in Bankruptcy 0 Jul-05 0.000% Original Principal Balance 0.00 Aug-05 0.000% Current Actual Balance 0.00 Sep-05 0.000% Oct-05 0.000% Current Bankruptcy Total Nov-05 0.000% Loans in Bankruptcy 0 Dec-05 0.000% Original Principal Balance 0.00 Jan-06 0.000% Current Actual Balance 0.00 Feb-06 0.000% Mar-06 0.000% Apr-06 0.000% May-06 0.000% 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. Loan Group II 12 Month Bankruptcy History* New Bankruptcy Loans Month Bankruptcy Percentage Loans in Bankruptcy 0 Jul-05 0.000% Original Principal Balance 0.00 Aug-05 0.000% Current Actual Balance 0.00 Sep-05 0.000% Oct-05 0.000% Current Bankruptcy Total Nov-05 0.000% Loans in Bankruptcy 0 Dec-05 0.000% Original Principal Balance 0.00 Jan-06 0.000% Current Actual Balance 0.00 Feb-06 0.000% Mar-06 0.000% Apr-06 0.000% May-06 0.000% 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. Loan Group II 12 Month Bankruptcy History* New Bankruptcy Loans Month Bankruptcy Percentage Loans in Bankruptcy 0 Jul-05 0.000% Original Principal Balance 0.00 Aug-05 0.000% Current Actual Balance 0.00 Sep-05 0.000% Oct-05 0.000% Current Bankruptcy Total Nov-05 0.000% Loans in Bankruptcy 0 Dec-05 0.000% Original Principal Balance 0.00 Jan-06 0.000% Current Actual Balance 0.00 Feb-06 0.000% Mar-06 0.000% Apr-06 0.000% May-06 0.000% 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.

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 No Bankruptcy Loans this Period

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 No Bankruptcy Loans this Period

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. ~~Jul~~Oct-2005 N/A N/A ~~Jul~~Oct-2005 N/A N/A ~~Aug~~Nov-2005 N/A N/A ~~Aug~~Nov-2005 N/A N/A ~~Sep~~Dec-2005 N/A N/A ~~Sep~~Dec-2005 N/A N/A ~~Oct~~Jan-~~2005~~2006 N/A N/A ~~Oct~~Jan-~~2005~~2006 N/A N/A ~~Nov~~Feb-~~2005~~2006 N/A N/A ~~Nov~~Feb-~~2005~~2006 N/A N/A ~~Dec~~Mar-~~2005~~2006 N/A N/A ~~Dec~~Mar-~~2005~~2006 N/A N/A ~~Jan~~Apr-2006 N/A N/A ~~Jan~~Apr-2006 N/A N/A ~~Feb~~May-2006 N/A N/A ~~Feb~~May-2006 N/A N/A ~~Mar~~Jun-2006 ~~N/A~~0.000% N/A ~~Mar~~Jun-2006 ~~N/A~~0.000% N/A ~~Apr~~Jul-2006 ~~N/A~~0.000% N/A ~~Apr~~Jul-2006 ~~N/A~~0.000% N/A ~~May~~Aug-2006 ~~N/A~~0.000% N/A ~~May~~Aug-2006 ~~N/A~~0.000% N/A ~~Jun~~Sep-2006 0.000% N/A ~~Jun~~Sep-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. ~~Jul~~Oct-2005 N/A N/A ~~Jul~~Oct-2005 N/A N/A ~~Aug~~Nov-2005 N/A N/A ~~Aug~~Nov-2005 N/A N/A ~~Sep~~Dec-2005 N/A N/A ~~Sep~~Dec-2005 N/A N/A ~~Oct~~Jan-~~2005~~2006 N/A N/A ~~Oct~~Jan-~~2005~~2006 N/A N/A ~~Nov~~Feb-~~2005~~2006 N/A N/A ~~Nov~~Feb-~~2005~~2006 N/A N/A ~~Dec~~Mar-~~2005~~2006 N/A N/A ~~Dec~~Mar-~~2005~~2006 N/A N/A ~~Jan~~Apr-2006 N/A N/A ~~Jan~~Apr-2006 N/A N/A ~~Feb~~May-2006 N/A N/A ~~Feb~~May-2006 N/A N/A ~~Mar~~Jun-2006 ~~N/A~~0.000% N/A ~~Mar~~Jun-2006 ~~N/A~~0.000% N/A ~~Apr~~Jul-2006 ~~N/A~~0.000% N/A ~~Apr~~Jul-2006 ~~N/A~~0.000% N/A ~~May~~Aug-2006 ~~N/A~~0.000% N/A ~~May~~Aug-2006 ~~N/A~~0.000% N/A ~~Jun~~Sep-2006 0.000% N/A ~~Jun~~Sep-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. Loan Group I 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. ~~Jul~~Oct-2005 N/A N/A ~~Jul~~Oct-2005 N/A N/A ~~Aug~~Nov-2005 N/A N/A ~~Aug~~Nov-2005 N/A N/A ~~Sep~~Dec-2005 N/A N/A ~~Sep~~Dec-2005 N/A N/A ~~Oct~~Jan-~~2005~~2006 N/A N/A ~~Oct~~Jan-~~2005~~2006 N/A N/A ~~Nov~~Feb-~~2005~~2006 N/A N/A ~~Nov~~Feb-~~2005~~2006 N/A N/A ~~Dec~~Mar-~~2005~~2006 N/A N/A ~~Dec~~Mar-~~2005~~2006 N/A N/A ~~Jan~~Apr-2006 N/A N/A ~~Jan~~Apr-2006 N/A N/A ~~Feb~~May-2006 N/A N/A ~~Feb~~May-2006 N/A N/A ~~Mar~~Jun-2006 ~~N/A~~0.000% N/A ~~Mar~~Jun-2006 ~~N/A~~0.000% N/A ~~Apr~~Jul-2006 ~~N/A~~0.000% N/A ~~Apr~~Jul-2006 ~~N/A~~0.000% N/A ~~May~~Aug-2006 ~~N/A~~0.000% N/A ~~May~~Aug-2006 ~~N/A~~0.000% N/A ~~Jun~~Sep-2006 0.000% N/A ~~Jun~~Sep-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. ~~Jul~~Oct-2005 N/A N/A ~~Jul~~Oct-2005 N/A N/A ~~Aug~~Nov-2005 N/A N/A ~~Aug~~Nov-2005 N/A N/A ~~Sep~~Dec-2005 N/A N/A ~~Sep~~Dec-2005 N/A N/A ~~Oct~~Jan-~~2005~~2006 N/A N/A ~~Oct~~Jan-~~2005~~2006 N/A N/A ~~Nov~~Feb-~~2005~~2006 N/A N/A ~~Nov~~Feb-~~2005~~2006 N/A N/A ~~Dec~~Mar-~~2005~~2006 N/A N/A ~~Dec~~Mar-~~2005~~2006 N/A N/A ~~Jan~~Apr-2006 N/A N/A ~~Jan~~Apr-2006 N/A N/A ~~Feb~~May-2006 N/A N/A ~~Feb~~May-2006 N/A N/A ~~Mar~~Jun-2006 ~~N/A~~0.000% N/A ~~Mar~~Jun-2006 ~~N/A~~0.000% N/A ~~Apr~~Jul-2006 ~~N/A~~0.000% N/A ~~Apr~~Jul-2006 ~~N/A~~0.000% N/A ~~May~~Aug-2006 ~~N/A~~0.000% N/A ~~May~~Aug-2006 ~~N/A~~0.000% N/A ~~Jun~~Sep-2006 0.000% N/A ~~Jun~~Sep-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. Loan Group I 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. ~~Jul~~Oct-2005 N/A N/A ~~Jul~~Oct-2005 N/A N/A ~~Aug~~Nov-2005 N/A N/A ~~Aug~~Nov-2005 N/A N/A ~~Sep~~Dec-2005 N/A N/A ~~Sep~~Dec-2005 N/A N/A ~~Oct~~Jan-~~2005~~2006 N/A N/A ~~Oct~~Jan-~~2005~~2006 N/A N/A ~~Nov~~Feb-~~2005~~2006 N/A N/A ~~Nov~~Feb-~~2005~~2006 N/A N/A ~~Dec~~Mar-~~2005~~2006 N/A N/A ~~Dec~~Mar-~~2005~~2006 N/A N/A ~~Jan~~Apr-2006 N/A N/A ~~Jan~~Apr-2006 N/A N/A ~~Feb~~May-2006 N/A N/A ~~Feb~~May-2006 N/A N/A ~~Mar~~Jun-2006 ~~N/A~~0.000% N/A ~~Mar~~Jun-2006 ~~N/A~~0.000% N/A ~~Apr~~Jul-2006 ~~N/A~~0.000% N/A ~~Apr~~Jul-2006 ~~N/A~~0.000% N/A ~~May~~Aug-2006 ~~N/A~~0.000% N/A ~~May~~Aug-2006 ~~N/A~~0.000% N/A ~~Jun~~Sep-2006 0.000% N/A ~~Jun~~Sep-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. ~~Jul~~Oct-2005 N/A N/A ~~Jul~~Oct-2005 N/A N/A ~~Aug~~Nov-2005 N/A N/A ~~Aug~~Nov-2005 N/A N/A ~~Sep~~Dec-2005 N/A N/A ~~Sep~~Dec-2005 N/A N/A ~~Oct~~Jan-~~2005~~2006 N/A N/A ~~Oct~~Jan-~~2005~~2006 N/A N/A ~~Nov~~Feb-~~2005~~2006 N/A N/A ~~Nov~~Feb-~~2005~~2006 N/A N/A ~~Dec~~Mar-~~2005~~2006 N/A N/A ~~Dec~~Mar-~~2005~~2006 N/A N/A ~~Jan~~Apr-2006 N/A N/A ~~Jan~~Apr-2006 N/A N/A ~~Feb~~May-2006 N/A N/A ~~Feb~~May-2006 N/A N/A ~~Mar~~Jun-2006 ~~N/A~~0.000% N/A ~~Mar~~Jun-2006 ~~N/A~~0.000% N/A ~~Apr~~Jul-2006 ~~N/A~~0.000% N/A ~~Apr~~Jul-2006 ~~N/A~~0.000% N/A ~~May~~Aug-2006 ~~N/A~~0.000% N/A ~~May~~Aug-2006 ~~N/A~~0.000% N/A ~~Jun~~Sep-2006 0.000% N/A ~~Jun~~Sep-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. Loan Group II MDR SDA Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% MDR: Current vs. 12mo Average* SDA: Current vs. 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. ~~Jul~~Oct-2005 N/A N/A ~~Jul~~Oct-2005 N/A N/A ~~Aug~~Nov-2005 N/A N/A ~~Aug~~Nov-2005 N/A N/A ~~Sep~~Dec-2005 N/A N/A ~~Sep~~Dec-2005 N/A N/A ~~Oct~~Jan-~~2005~~2006 N/A N/A ~~Oct~~Jan-~~2005~~2006 N/A N/A ~~Nov~~Feb-~~2005~~2006 N/A N/A ~~Nov~~Feb-~~2005~~2006 N/A N/A ~~Dec~~Mar-~~2005~~2006 N/A N/A ~~Dec~~Mar-~~2005~~2006 N/A N/A ~~Jan~~Apr-2006 N/A N/A ~~Jan~~Apr-2006 N/A N/A ~~Feb~~May-2006 N/A N/A ~~Feb~~May-2006 N/A N/A ~~Mar~~Jun-2006 ~~N/A~~0.000% N/A ~~Mar~~Jun-2006 ~~N/A~~0.000% N/A ~~Apr~~Jul-2006 ~~N/A~~0.000% N/A ~~Apr~~Jul-2006 ~~N/A~~0.000% N/A ~~May~~Aug-2006 ~~N/A~~0.000% N/A ~~May~~Aug-2006 ~~N/A~~0.000% N/A ~~Jun~~Sep-2006 0.000% N/A ~~Jun~~Sep-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. ~~Jul~~Oct-2005 N/A N/A ~~Jul~~Oct-2005 N/A N/A ~~Aug~~Nov-2005 N/A N/A ~~Aug~~Nov-2005 N/A N/A ~~Sep~~Dec-2005 N/A N/A ~~Sep~~Dec-2005 N/A N/A ~~Oct~~Jan-~~2005~~2006 N/A N/A ~~Oct~~Jan-~~2005~~2006 N/A N/A ~~Nov~~Feb-~~2005~~2006 N/A N/A ~~Nov~~Feb-~~2005~~2006 N/A N/A ~~Dec~~Mar-~~2005~~2006 N/A N/A ~~Dec~~Mar-~~2005~~2006 N/A N/A ~~Jan~~Apr-2006 N/A N/A ~~Jan~~Apr-2006 N/A N/A ~~Feb~~May-2006 N/A N/A ~~Feb~~May-2006 N/A N/A ~~Mar~~Jun-2006 ~~N/A~~0.000% N/A ~~Mar~~Jun-2006 ~~N/A~~0.000% N/A ~~Apr~~Jul-2006 ~~N/A~~0.000% N/A ~~Apr~~Jul-2006 ~~N/A~~0.000% N/A ~~May~~Aug-2006 ~~N/A~~0.000% N/A ~~May~~Aug-2006 ~~N/A~~0.000% N/A ~~Jun~~Sep-2006 0.000% N/A ~~Jun~~Sep-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. Loan Group II MDR SDA Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% MDR: Current vs. 12mo Average* SDA: Current vs. 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. ~~Jul~~Oct-2005 N/A N/A ~~Jul~~Oct-2005 N/A N/A ~~Aug~~Nov-2005 N/A N/A ~~Aug~~Nov-2005 N/A N/A ~~Sep~~Dec-2005 N/A N/A ~~Sep~~Dec-2005 N/A N/A ~~Oct~~Jan-~~2005~~2006 N/A N/A ~~Oct~~Jan-~~2005~~2006 N/A N/A ~~Nov~~Feb-~~2005~~2006 N/A N/A ~~Nov~~Feb-~~2005~~2006 N/A N/A ~~Dec~~Mar-~~2005~~2006 N/A N/A ~~Dec~~Mar-~~2005~~2006 N/A N/A ~~Jan~~Apr-2006 N/A N/A ~~Jan~~Apr-2006 N/A N/A ~~Feb~~May-2006 N/A N/A ~~Feb~~May-2006 N/A N/A ~~Mar~~Jun-2006 ~~N/A~~0.000% N/A ~~Mar~~Jun-2006 ~~N/A~~0.000% N/A ~~Apr~~Jul-2006 ~~N/A~~0.000% N/A ~~Apr~~Jul-2006 ~~N/A~~0.000% N/A ~~May~~Aug-2006 ~~N/A~~0.000% N/A ~~May~~Aug-2006 ~~N/A~~0.000% N/A ~~Jun~~Sep-2006 0.000% N/A ~~Jun~~Sep-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. ~~Jul~~Oct-2005 N/A N/A ~~Jul~~Oct-2005 N/A N/A ~~Aug~~Nov-2005 N/A N/A ~~Aug~~Nov-2005 N/A N/A ~~Sep~~Dec-2005 N/A N/A ~~Sep~~Dec-2005 N/A N/A ~~Oct~~Jan-~~2005~~2006 N/A N/A ~~Oct~~Jan-~~2005~~2006 N/A N/A ~~Nov~~Feb-~~2005~~2006 N/A N/A ~~Nov~~Feb-~~2005~~2006 N/A N/A ~~Dec~~Mar-~~2005~~2006 N/A N/A ~~Dec~~Mar-~~2005~~2006 N/A N/A ~~Jan~~Apr-2006 N/A N/A ~~Jan~~Apr-2006 N/A N/A ~~Feb~~May-2006 N/A N/A ~~Feb~~May-2006 N/A N/A ~~Mar~~Jun-2006 ~~N/A~~0.000% N/A ~~Mar~~Jun-2006 ~~N/A~~0.000% N/A ~~Apr~~Jul-2006 ~~N/A~~0.000% N/A ~~Apr~~Jul-2006 ~~N/A~~0.000% N/A ~~May~~Aug-2006 ~~N/A~~0.000% N/A ~~May~~Aug-2006 ~~N/A~~0.000% N/A ~~Jun~~Sep-2006 0.000% N/A ~~Jun~~Sep-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). Includes losses on loans liquidating in the current period only.

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 Loan Group I 4862 1015,~~193~~708,~~537~~248.00 1015,~~170~~647,~~153~~996.9907 0 0.00 0.00 Loan Group I 813 ~~849~~1,~~850~~526,100.00 ~~847~~1,~~050~~518,066.1775 0 0.00 0.00 Loan Group II 4342 12,~~485~~799,~~171~~656.00 12,~~464~~759,~~545~~262.2208 0 0.00 0.00 Loan Group II 84 ~~600~~226,~~082~~180.00 ~~598~~225,~~903~~091.5279 0 0.00 0.00 Total ~~107~~121 2430,~~128~~260,~~640~~184.00 2430,~~080~~150,~~652~~416.9069 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 Loan Group I 0 0.00 0.00 0 0.00 0.00 167,~~010~~332.0025 Loan Group I 0 0.00 0.00 0 0.00 0.00 71,~~373~~548.1129 Loan Group II 0 0.00 0.00 0 0.00 0.00 3215,~~899~~493.2089 Loan Group II 0 0.00 0.00 0 0.00 0.00 19(4,~~428~~329.1197) Total 0 0.00 0.00 0 0.00 0.00 7520,~~710~~044.4246

Prepayment Loan Detail - Prepayments during Current Period First Original Loan LTV at Payment Principal Prepayment Group Number State Origination Date Balance Amount Loan Group I ~~1000290879~~1000282070 CA 3785.4500 01-Dec-2005 369,750.00 368,242.53 Loan Group I 1000290812 CA 58.27 01-Jan-2006 ~~264~~236,000.00 ~~263~~235,~~420~~216.9647 Loan Group I ~~1000292177~~1000291813 ILCA 9062.0019 01-~~Jan~~Feb-2006 ~~135~~250,000.00 ~~134~~249,~~836~~394.2262 Loan Group I ~~1000293240~~1000293060 FLMD 7980.6000 01-Jan-2006 ~~157~~200,~~600~~000.00 ~~157~~198,~~320~~889.6046 Loan Group I ~~1000293504~~1000294240 DC 6580.6500 01-~~Feb~~Jan-2006 ~~300~~360,000.00 ~~299~~358,~~552~~172.7138 Loan Group I ~~1000294101~~1000294458 MD 7050.0055 01-~~Jan~~Feb-2006 ~~235~~275,~~200~~000.00 ~~234~~272,~~575~~408.9012 Loan Group I ~~1000294151~~1000294542 WVVA 8580.00 01-Jan-2006 73398,~~950~~400.00 73396,~~689~~254.9912 Loan Group I ~~1000294775~~1000295172 MDSC 8477.7865 01-Feb-2006 ~~195~~344,000.00 ~~194~~342,~~481~~105.3196 Loan Group I ~~1000295181~~1000295180 MDGA 7875.6000 01-Feb-2006 ~~180~~140,~~000~~250.00 ~~179~~139,~~238~~682.8457 Loan Group I ~~1000295261~~1000295323 CA 5690.3600 01-Feb-2006 390,600.00 389,558.53 Loan Group I 1000295449 MD 84.99 01-Feb-2006 186,~~000~~978.00 ~~185~~186,~~468~~216.1121 Loan Group I ~~1000295718~~1000295826 WIVA 6967.9387 01-Feb-2006 50283,000.00 49282,~~977~~192.2676 Loan Group I ~~1000296016~~1000295970 VACA 9085.00 01-Feb-2006 ~~270~~344,~~000~~250.00 ~~269~~342,~~606~~320.9123 Loan Group I ~~1000297003~~1000296143 NVCA 80.00 01-Feb-2006 ~~216~~264,000.00 ~~216~~262,381.97 Loan Group I 1000297089 MD 79.92 01-Feb-2006 207,000.00 205,743.73 Loan Group I ~~1000297156~~1000297397 AZCA 9075.00 01-Feb-2006 ~~216~~183,~~000~~750.00 ~~215~~182,~~708~~612.3269 Loan Group I ~~1000298068~~1000298259 CA 5275.9600 01-Feb-2006 ~~376~~333,000.00 ~~374~~332,~~955~~216.4061 Loan Group I ~~5000177222~~5000175480 FLMI 8565.00 01-Dec-2005 ~~249~~52,~~050~~000.00 ~~248~~51,~~608~~708.9935 Loan Group I ~~5000179547~~5000177120 VAIL 80.00 01-Dec-2005 ~~290~~198,400.00 ~~289~~197,~~428~~003.1413 Loan Group I ~~5000182271~~5000182595 ILFL 9065.00 01-Jan-2006 ~~214~~260,~~200~~000.00 ~~213~~258,~~889~~682.9378 Loan Group I ~~5000184970~~5000185805 MAMN 7485.9400 01-~~Dec~~Jan-~~2005~~2006 ~~288~~173,~~500~~400.00 ~~287~~173,~~250~~400.2400 Loan Group I ~~5000187874~~5000189240 MDIL 8064.0029 01-~~Jan~~Feb-2006 ~~224~~90,000.00 ~~223~~89,~~274~~782.7671 Loan Group I ~~5000189204~~5000189456 IL 8085.00 01-Feb-2006 ~~148~~140,~~800~~250.00 ~~148~~139,~~383~~455.1891 Loan Group I ~~5000189572~~5000189972 ILMD 9073.0055 01-Feb-2006 ~~146~~292,~~700~~000.00 ~~146~~290,~~325~~041.6777 Loan Group I ~~5000190116~~5000190894 ILWI 8095.00 01-Feb-2006 ~~192~~164,~~000~~350.00 ~~191~~164,~~264~~350.1200 Loan Group I ~~5000190209~~6000190640 MAVA 5490.1700 01-~~Feb~~Jan-2006 ~~178~~241,~~750~~200.00 ~~178~~239,~~622~~748.7018 Loan Group I ~~5000190324~~6000191142 NJMD 64.43 01-Jan-2006 226,800.00 225,859.92 Loan Group I 6000192540 VA 76.6609 01-~~Feb~~Jan-2006 ~~145~~97,~~652~~400.00 ~~145~~96,~~046~~945.6155 Loan Group I ~~5000190442~~6000193062 COFL 7580.00 01-~~Feb~~Jan-2006 ~~255~~320,000.00 ~~254~~317,~~158~~851.8317 Loan Group I ~~6000184977~~6000193337 VAFL 7576.2763 01-~~Dec~~Jan-~~2005~~2006 ~~274~~400,000.00 ~~273~~396,~~406~~973.4140 Loan Group I ~~6000194525~~6000193728 MD 6569.7162 01-Feb-2006 ~~184~~181,000.00 ~~183~~180,~~639~~124.7137 Loan Group I ~~6000195009~~6000194863 MD 7885.5300 01-~~Jan~~Feb-2006 ~~227~~229,~~750~~500.00 ~~227~~229,~~099~~500.3500 Loan Group I ~~6000195484~~6000196013 MD 8090.00 01-Jan-2006 93291,600.00 93291,~~131~~599.9477 Loan Group I ~~6000195842~~6000196572 DCMD 8090.00 01-Feb-2006 ~~192~~237,~~000~~600.00 ~~191~~237,~~404~~081.0624 Loan Group I ~~6000196368~~6000196750 NJGA 7990.5700 01-Feb-2006 ~~187~~265,~~000~~500.00 ~~186~~263,~~401~~935.6276 Loan Group I ~~6000197130~~6000196889 NJDC 7345.3357 01-Feb-2006 ~~275~~262,000.00 ~~274~~260,~~016~~711.9040 Loan Group I ~~6000198327~~6000197817 FLDC 8584.0093 01-Feb-2006 ~~144~~310,~~500~~000.00 ~~143~~309,~~967~~113.7407 Loan Group I ~~7000171131~~6000197905 CAVA 8380.1600 01-~~Dec~~Feb-~~2005~~2006 ~~237~~224,000.00 ~~236~~223,~~024~~241.3889 Loan Group I ~~7000172264~~6000198293 NJFL 8083.0027 01-~~Jan~~Feb-2006 ~~200~~204,000.00 ~~199~~202,~~330~~810.7101 Loan Group I ~~7000172594~~7000174363 WAMD 85.00 01-~~Dec~~Jan-~~2005~~2006 ~~191~~130,~~250~~050.00 ~~190~~129,~~925~~240.8522 Loan Group I ~~7000176982~~7000176553 NJMD 8552.5059 01-Jan-2006 ~~168~~142,~~435~~000.00 ~~167~~141,~~765~~511.9878 Loan Group I ~~7000177621~~7000177616 NVNY 5684.1190 01-Jan-2006 ~~170~~433,000.00 ~~169~~431,~~592~~733.6028 Loan Group I ~~7000177959~~7000178287 CAMD 8780.5500 01-Jan-2006 ~~239~~312,000.00 ~~237~~310,~~991~~241.7101 Loan Group I ~~7000178189~~7000178369 CAMD 6555.00 01-~~Feb~~Jan-2006 ~~165~~192,~~750~~500.00 ~~165~~191,~~687~~892.7764 Loan Group I ~~7000179554~~7000178927 MDCA 3959.3776 01-Feb-2006 150,000.00 149,~~436~~269.3471 Loan Group I ~~8000062149~~8000066343 NYNJ 80.00 01-~~Dec~~Jan-~~2005~~2006 ~~280~~260,000.00 ~~278~~258,~~902~~613.25 Loan Group I 8000068420 NY 57.94 01-Feb-2006 310,000.00 308,133.93 Loan Group I 8000069071 NY 93.08 01-Jan-2006 460,750.00 460,449.41 Loan Group I 8000069136 MD 75.00 01-Feb-2006 408,750.00 406,858.93 Loan Group I ~~8000066959~~8000069375 NJPA 6590.00 01-Jan-2006 ~~136~~194,~~500~~670.00 ~~136~~193,~~243~~683.3577 Loan Group I ~~8000067284~~8000069861 NJMD 90.00 01-Feb-2006 ~~337~~229,500.00 ~~336~~228,~~691~~263.3094 Loan Group I ~~8000069528~~8000070174 NY 85.00 01-Feb-2006 378,250.00 376,604.64 Loan Group I 8000070348 NJ 6080.00 01-Jan-2006 136,800.00 135,732.60 Loan Group I 8000070384 PA 56.84 01-Feb-2006 ~~240~~162,000.00 ~~239~~161,~~387~~342.6306 Loan Group I ~~8000071200~~8000070695 NJNY 76.92 01-~~Feb~~Jan-2006 ~~300~~250,000.00 ~~298~~249,~~768~~020.1123 Loan Group I ~~8000071993~~8000070838 NJ 90.00 01-Feb-2006 ~~252~~405,000.00 ~~251~~403,~~168~~291.7496 Loan Group I ~~8000072335~~8000071339 FLNJ 8185.00 01-Feb-2006 ~~360~~263,~~450~~500.00 ~~358~~262,~~865~~411.4050 Loan Group I ~~1000295112~~8000071645 NVNY 8064.0022 01-Feb-2006 ~~160~~289,000.00 ~~159~~287,~~677~~280.5442 Loan Group I ~~1000295552~~8000072003 MDNJ 2075.00 01-Feb-2006 45341,~~800~~250.00 45339,~~716~~953.6412 Loan Group I ~~1000295824~~8000073212 CANJ 6465.4900 01-Feb-2006 ~~345~~172,~~000~~250.00 ~~343~~171,~~815~~394.1516 Loan Group I ~~5000187716~~8000073366 MACT 1552.0017 01-~~Jan~~Feb-2006 36120,~~450~~000.00 36119,~~332~~514.5147 Loan Group I ~~5000189258~~8000073634 ILNJ 2083.0074 01-Feb-2006 37340,~~200~~000.00 37340,~~139~~000.7300 Loan Group I ~~6000190539~~1000290671 NYMD 2090.00 01-Jan-2006 ~~134~~189,000.00 ~~132~~187,~~961~~825.4691 Loan Group I ~~6000194415~~1000290904 COAZ 2068.0018 01-Jan-2006 68150,000.00 67148,~~882~~740.8978 Loan Group I ~~6000195496~~1000293415 MD 20.00 01-Jan-2006 2350,~~400~~000.00 2349,~~035~~824.8430 Loan Group III ~~1000292821~~1000296763 MD 8859.6839 01-Feb-2006 ~~168~~183,500.00 ~~168~~182,~~205~~147.6344 Loan Group III ~~1000294071~~1000297716 CA 8520.00 01-Feb-2006 61,400.00 61,187.73 Loan Group I 5000185890 MN 15.00 01-Jan-2006 ~~658~~30,~~750~~600.00 ~~657~~30,~~615~~457.1417 Loan Group III ~~1000295559~~6000191965 VAMD 4277.2878 01-~~Feb~~Jan-2006 ~~169~~210,~~100~~000.00 ~~168~~208,~~458~~366.2798 Loan Group III ~~1000295684~~6000193132 AZFL 8020.00 01-Jan-2006 ~~166~~80,~~766~~000.00 ~~166~~79,~~203~~682.2850 Loan Group III ~~1000296163~~6000198274 NVFL 8020.00 01-Feb-2006 ~~556~~50,~~197~~600.00 ~~555~~50,~~252~~400.4350 Loan Group III ~~1000296286~~7000178397 CAMD 8020.00 01-~~Feb~~Jan-2006 ~~400~~78,000.00 ~~399~~77,~~565~~678.0253 Loan Group III ~~1000297370~~8000065181 MDNJ 7178.0443 01-Feb-2006 ~~157~~200,000.00 ~~156~~198,~~532~~605.1980 Loan Group III ~~1000297406~~8000072007 CANJ 8075.0081 01-Feb-2006 ~~239~~163,~~996~~000.00 ~~239~~162,~~996~~522.28 Loan Group I 8000072657 NY 24.24 01-Feb-2006 80,000.00 79,537.94 Loan Group II ~~1000297789~~1000281785 CA 8971.3294 01-~~Feb~~Dec-~~2006~~2005 ~~460~~500,000.00 ~~459~~498,~~979~~275.1702 Loan Group II ~~1000298165~~1000292905 MDCA 8975.4200 01-~~Feb~~Jan-2006 ~~465~~600,000.00 ~~464~~598,~~163~~624.4345 Loan Group II ~~1000298340~~1000293977 CAMD 9085.00 01-Feb-2006 ~~222,~~300,050.00 ~~221~~298,~~750~~370.3145 Loan Group II ~~5000187562~~1000295196 TXCA 8085.00 01-Jan-2006 62546,~~400~~550.00 62545,~~223~~060.1178 Loan Group II ~~5000187629~~1000295798 NYFL 8074.76 01-Feb-2006 78,500.00 78,134.28 Loan Group II 1000296265 CA 69.64 01-Jan-2006 ~~460~~559,~~000~~870.00 ~~460~~559,~~000~~870.00 Loan Group II ~~5000188756~~1000296540 ILVA 80.00 01-~~Jan~~Feb-2006 ~~268~~222,~~000~~400.00 ~~268~~221,~~000~~048.0074 Loan Group II ~~5000189438~~1000296552 ILCA 7080.00 01-~~Jan~~Feb-2006 ~~241~~438,~~500~~320.00 ~~240~~438,~~844~~320.0600 Loan Group II ~~5000189939~~1000297907 MACA 6780.4800 01-Feb-2006 ~~500~~568,000.00 ~~498~~568,~~411~~000.0600 Loan Group II ~~5000190604~~5000185078 ILMI 90.00 01-~~Feb~~Jan-2006 ~~459~~67,~~000~~050.00 ~~457~~66,~~292~~621.3879 Loan Group II ~~6000185432~~5000187550 FLIL 80.00 01-~~Dec~~Feb-~~2005~~2006 ~~124~~220,~~000~~800.00 ~~123~~220,~~833~~800.9900 Loan Group II ~~6000187856~~5000188620 NYIL 8095.00 01-Jan-2006 ~~536~~365,~~000~~750.00 ~~532~~363,~~939~~893.7823 Loan Group II ~~6000189935~~5000189783 FLNV 80.00 01-~~Dec~~Feb-~~2005~~2006 ~~156~~158,~~800~~904.00 ~~156~~158,~~235~~183.4672 Loan Group II ~~6000190451~~5000191119 MDTX 80.00 01-~~Dec~~Feb-~~2005~~2006 ~~444~~720,000.00 ~~442~~715,~~981~~499.9260 Loan Group II ~~6000191276~~6000190126 FL 80100.00 01-~~Jan~~Feb-2006 ~~122~~50,~~400~~000.00 ~~122~~49,~~268~~834.2028 Loan Group II ~~6000192499~~6000190192 MD 9074.0042 01-Jan-2006 ~~252~~160,000.00 ~~252~~159,~~000~~261.0017 Loan Group II ~~6000193291~~6000190261 FL 6474.9075 01-~~Jan~~Feb-2006 ~~135~~148,000.00 ~~134~~147,~~743~~080.3761 Loan Group II ~~6000194239~~6000192307 MD 6571.0090 01-Jan-2006 ~~234~~220,000.00 ~~233~~218,~~685~~483.2286 Loan Group II ~~6000194793~~6000192988 MDFL 6859.5731 01-~~Feb~~Jan-2006 ~~288~~137,000.00 ~~287~~136,~~201~~532.5127 Loan Group II ~~6000194827~~6000193157 SCGA 8580.00 01-~~Feb~~Jan-2006 6499,~~600~~920.00 6499,~~446~~348.8006 Loan Group II ~~6000195863~~6000194998 VAMD 8049.0011 01-~~Jan~~Feb-2006 ~~177~~550,~~135~~000.00 ~~176~~547,~~859~~774.6282 Loan Group II ~~6000196632~~6000196177 PANY 80.00 01-Feb-2006 ~~248~~436,~~000~~720.00 ~~247~~434,~~333~~222.4461 Loan Group II ~~6000196973~~6000196483 FL 7439.3600 01-Feb-2006 8797,~~000~~500.00 8697,~~784~~124.8850 Loan Group II ~~6000196974~~6000196625 MDNC 9165.9400 01-~~Feb~~Jan-2006 ~~570~~152,~~000~~750.00 ~~570~~152,~~000~~153.0036 Loan Group II ~~7000176134~~6000197109 NVFL 84100.9900 01-Jan-2006 ~~667~~102,~~200~~000.00 ~~666~~101,~~083~~533.2680 Loan Group II ~~7000177395~~6000198260 AZFL 8078.0081 01-Feb-2006 ~~130~~199,~~800~~400.00 ~~130~~197,~~308~~999.4918 Loan Group II ~~8000065003~~6000198852 NYPA 90100.00 01-Feb-2006 ~~225~~447,~~000~~209.00 ~~224~~445,~~287~~473.2752 Loan Group II ~~8000065276~~6000200170 NJMD 80.00 01-~~Dec~~Feb-~~2005~~2006 ~~198~~260,~~400~~000.00 ~~197~~258,~~590~~668.9238 Loan Group II ~~8000065948~~6000200346 NJ 8595.00 01-~~Jan~~Feb-2006 ~~161~~394,~~500~~250.00 ~~160~~392,~~926~~147.3884 Loan Group II ~~8000066650~~7000172862 FLCA 80.00 01-Jan-2006 ~~104~~472,000.00 ~~103~~470,~~696~~767.5590 Loan Group II ~~8000068707~~7000175768 NJCA 8078.0050 01-Jan-2006 ~~254~~478,~~400~~863.00 ~~254~~475,~~047~~550.5796 Loan Group II ~~8000069905~~7000178728 FLHI 8075.00 01-Feb-2006 ~~238~~201,~~642~~750.00 ~~237~~200,~~771~~941.6832 Loan Group II ~~8000070289~~7000179159 NJCA 8078.0068 01-Feb-2006 ~~234~~358,~~400~~000.00 ~~234~~358,~~400~~000.00 Loan Group II ~~8000071481~~7000179241 MDNY ~~100~~82.0017 01-Feb-2006 ~~500~~530,000.00 ~~500~~530,000.00 Loan Group II ~~8000072874~~7000179556 NYMD 9080.00 01-Feb-2006 ~~339~~340,~~885~~000.00 338,~~797~~036.4120 Loan Group II ~~8100066475~~8000058051 NY 9085.00 01-Dec-2005 68,000.00 67,676.82 Loan Group II 8000067487 PA 70.00 01-Feb-2006 ~~337~~87,500.00 ~~336~~87,~~305~~222.4713 Loan Group II ~~1000293510~~8000069277 CAVA 2061.0032 01-~~Feb~~Jan-2006 6865,000.00 6764,~~837~~764.0824 Loan Group II ~~1000297551~~8000069791 CAMD 2080.00 01-Feb-2006 59209,~~999~~600.00 59208,~~895~~340.7947 Loan Group II ~~6000193196~~8000070320 NCPA 8088.0067 01-Jan-2006 57199,~~400~~500.00 57198,~~245~~529.1995 Loan Group II ~~6000194761~~8000070597 GAMA 2090.00 01-~~Jan~~Feb-2006 60436,~~000~~500.00 59436,~~843~~464.2891 Loan Group II ~~6000195917~~8000071843 VANJ 2080.00 01-~~Jan~~Feb-2006 44552,~~283~~000.00 44549,~~146~~115.7830 Loan Group II ~~7000174036~~1000296470 CA 20.00 01-~~Jan~~Feb-2006 ~~145~~90,~~800~~400.00 ~~145~~90,~~497~~069.6487 Loan Group II ~~7000178850~~1000296589 VA 20.00 01-Feb-2006 ~~106~~55,~~000~~600.00 ~~105~~55,~~722~~437.3903 Loan Group II ~~8000070495~~5000187565 NJIL 20.00 01-Feb-2006 5855,~~600~~200.00 5854,~~455~~998.1003 Loan Group II 6000193341 GA 20.00 01-Jan-2006 24,980.00 24,435.03

Prepayment Loan Detail - Prepayments during Current Period (continued) Current Loan PIF Months Loan Original Group Number Type Delinquent Rate Term Seasoning Loan Group I ~~1000290879~~1000282070 Loan Paid in Full 0 76.~~200~~850% 360 59 Loan Group I ~~1000292177~~1000290812 Loan Paid in Full 0 97.~~250~~200% 360 58 Loan Group I ~~1000293240~~1000291813 Loan Paid in Full 0 7.~~950~~900% 360 57 Loan Group I ~~1000293504~~1000293060 Loan Paid in Full 0 8.~~650~~550% 360 48 Loan Group I ~~1000294101~~1000294240 Loan Paid in Full 01 108.~~100~~990% 360 8 Loan Group I 1000294458 Loan Paid in Full 0 5.990% 360 7 Loan Group I ~~1000294151~~1000294542 Loan Paid in Full 0 8.~~750~~700% 360 58 Loan Group I ~~1000294775~~1000295172 Loan Paid in Full 0 7.990% 360 7 Loan Group I 1000295180 Loan Paid in Full 0 9.~~200~~500% 360 47 Loan Group I ~~1000295181~~1000295323 Loan Paid in Full 0 67.~~900~~550% 360 47 Loan Group I ~~1000295261~~1000295449 Loan Paid in Full 0 87.~~850~~550% 360 47 Loan Group I ~~1000295718~~1000295826 Loan Paid in Full 0 11.~~850~~150% 360 47 Loan Group I ~~1000296016~~1000295970 Loan Paid in Full 01 7.~~990~~900% 360 47 Loan Group I ~~1000297003~~1000296143 Loan Paid in Full 0 7.~~990~~450% 360 47 Loan Group I ~~1000297156~~1000297089 Loan Paid in Full 0 87.~~250~~500% 360 47 Loan Group I ~~1000298068~~1000297397 Loan Paid in Full (1) 7.400% 360 7 Loan Group I 1000298259 Loan Paid in Full 0 87.990% 360 47 Loan Group I ~~5000177222~~5000175480 Loan Paid in Full 0 9.050% 360 9 Loan Group I 5000177120 Loan Paid in Full 0 8.~~500~~050% 360 69 Loan Group I ~~5000179547~~5000182595 Loan Paid in Full 0 9.~~750~~000% 360 68 Loan Group I ~~5000182271~~5000185805 Loan Paid in Full 0 7.500% 360 8 Loan Group I 5000189240 Loan Paid in Full 0 7.~~650~~900% 360 57 Loan Group I ~~5000184970~~5000189456 Loan Paid in Full 0 87.~~500~~850% 360 7 Loan Group I 5000189972 Loan Paid in Full 0 6.990% 360 7 Loan Group I ~~5000187874~~5000190894 Loan Paid in Full 0 98.~~150~~750% 360 57 Loan Group I ~~5000189204~~6000190640 Loan Paid in Full 0 8.~~950~~150% 360 48 Loan Group I ~~5000189572~~6000191142 Loan Paid in Full 0 910.~~400~~700% 360 48 Loan Group I ~~5000190116~~6000192540 Loan Paid in Full 0 79.400% 360 48 Loan Group I ~~5000190209~~6000193062 Loan Paid in Full 0 107.~~400~~600% 360 48 Loan Group I ~~5000190324~~6000193337 Loan Paid in Full 0 6.990% 360 48 Loan Group I ~~5000190442~~6000193728 Loan Paid in Full 0 8.~~150~~650% 360 47 Loan Group I ~~6000184977~~6000194863 Loan Paid in Full 0 7.~~800~~400% 360 67 Loan Group I ~~6000194525~~6000196013 Loan Paid in Full 0 107.~~650~~050% 360 48 Loan Group I ~~6000195009~~6000196572 Loan Paid in Full 0 98.~~750~~250% 360 57 Loan Group I ~~6000195484~~6000196750 Loan Paid in Full 0 67.~~990~~650% 360 57 Loan Group I ~~6000195842~~6000196889 Loan Paid in Full 0 8.~~450~~550% 360 47 Loan Group I ~~6000196368~~6000197817 Loan Paid in Full 0 87.300% 360 47 Loan Group I ~~6000197130~~6000197905 Loan Paid in Full 0 10.350% 360 7 Loan Group I 6000198293 Loan Paid in Full 0 7.~~750~~700% 360 47 Loan Group I ~~6000198327~~7000174363 Loan Paid in Full 0 7.~~600~~990% 360 48 Loan Group I ~~7000171131~~7000176553 Loan Paid in Full 0 10.850% 360 8 Loan Group I 7000177616 Loan Paid in Full 0 7.~~750~~650% 360 68 Loan Group I ~~7000172264~~7000178287 Loan Paid in Full 0 8.~~990~~475% 360 58 Loan Group I ~~7000172594~~7000178369 Loan Paid in Full 1 11.250% 360 8 Loan Group I 7000178927 Loan Paid in Full 0 8.~~650~~600% 360 67 Loan Group I ~~7000176982~~8000066343 Loan Paid in Full 0 8.~~150~~750% 360 58 Loan Group I ~~7000177621~~8000068420 Loan Paid in Full 0 118.~~400~~950% 360 57 Loan Group I ~~7000177959~~8000069071 Loan Paid in Full 0 76.990% 360 8 Loan Group I 8000069136 Loan Paid in Full 0 8.850% 360 57 Loan Group I ~~7000178189~~8000069375 Loan Paid in Full 0 129.~~050~~000% 360 48 Loan Group I ~~7000179554~~8000069861 Loan Paid in Full 0 8.100% 360 7 Loan Group I 8000070174 Loan Paid in Full 0 9.~~500~~150% 360 47 Loan Group I ~~8000062149~~8000070348 Loan Paid in Full 0 8.~~990~~600% 360 68 Loan Group I ~~8000066959~~8000070384 Loan Paid in Full 0 119.700% 360 57 Loan Group I ~~8000067284~~8000070695 Loan Paid in Full 0 6.600% 360 8 Loan Group I 8000070838 Loan Paid in Full 0 9.~~700~~300% 360 47 Loan Group I ~~8000069528~~8000071339 Loan Paid in Full 0 9.400% 360 47 Loan Group I ~~8000071200~~8000071645 Loan Paid in Full 0 7.~~050~~600% 360 47 Loan Group I ~~8000071993~~8000072003 Loan Paid in Full 01 89.~~150~~800% 360 47 Loan Group I ~~8000072335~~8000073212 Loan Paid in Full 0 68.~~700~~500% 360 47 Loan Group I ~~1000295112~~8000073366 Loan Paid in Full 0 69.~~850~~500% 360 47 Loan Group I ~~1000295552~~8000073634 Loan Paid in Full 0 107.~~990~~550% 360 47 Loan Group I ~~1000295824~~1000290671 Loan Paid in Full 0 7.~~950~~990% 360 48 Loan Group I ~~5000187716~~1000290904 Loan Paid in Full 0 96.~~500~~450% 360 58 Loan Group I ~~5000189258~~1000293415 Loan Paid in Full 0 1110.~~525~~750% 360 48 Loan Group I ~~6000190539~~1000296763 Loan Paid in Full 0 116.~~375~~500% 360 57 Loan Group I ~~6000194415~~1000297716 Loan Paid in Full 0 1210.~~100~~250% 360 57 Loan Group I ~~6000195496~~5000185890 Loan Paid in Full 0 9.~~425~~400% ~~180~~360 58 Loan Group III ~~1000292821~~6000191965 Loan Paid in Full 0 76.~~350~~850% 360 48 Loan Group III ~~1000294071~~6000193132 Loan Paid in Full 0 810.~~050~~175% 360 58 Loan Group III ~~1000295559~~6000198274 Loan Paid in Full 0 79.~~450~~625% 360 47 Loan Group III ~~1000295684~~7000178397 Loan Paid in Full 0 9.995% 360 8 Loan Group I 8000065181 Loan Paid in Full 0 6.~~950~~790% 360 57 Loan Group III ~~1000296163~~8000072007 Loan Paid in Full 0 7.~~450~~650% 360 47 Loan Group III ~~1000296286~~8000072657 Loan Paid in Full 0 87.~~990~~750% 360 47 Loan Group II ~~1000297370~~1000281785 Loan Paid in Full 02 87.~~650~~450% 360 49 Loan Group II ~~1000297406~~1000292905 Loan Paid in Full 0 8.~~100~~500% 360 48 Loan Group II ~~1000297789~~1000293977 Loan Paid in Full 0 7.~~250~~900% 360 47 Loan Group II ~~1000298165~~1000295196 Loan Paid in Full 0 7.~~250~~900% 360 48 Loan Group II ~~1000298340~~1000295798 Loan Paid in Full 01 98.~~550~~990% 360 47 Loan Group II ~~5000187562~~1000296265 Loan Paid in Full 0 96.~~790~~250% 360 58 Loan Group II ~~5000187629~~1000296540 Loan Paid in Full 0 67.~~150~~500% 360 57 Loan Group II ~~5000188756~~1000296552 Loan Paid in Full 0 8.~~500~~990% 360 57 Loan Group II ~~5000189438~~1000297907 Loan Paid in Full 0 96.990% 360 57 Loan Group II ~~5000189939~~5000185078 Loan Paid in Full 0 8.~~350~~400% 360 48 Loan Group II ~~5000190604~~5000187550 Loan Paid in Full 0(1) 7.~~550~~125% 360 47 Loan Group II ~~6000185432~~5000188620 Loan Paid in Full 0 98.~~450~~990% 360 68 Loan Group II ~~6000187856~~5000189783 Loan Paid in Full 0 78.~~700~~950% 360 57 Loan Group II ~~6000189935~~5000191119 Loan Paid in Full 0 97.~~400~~350% 360 67 Loan Group II ~~6000190451~~6000190126 Loan Paid in Full 0 710.~~600~~450% 360 67 Loan Group II ~~6000191276~~6000190192 Loan Paid in Full 0 9.~~650~~450% 360 58 Loan Group II ~~6000192499~~6000190261 Loan Paid in Full 01 710.~~900~~350% 360 57 Loan Group II ~~6000193291~~6000192307 Loan Paid in Full 0 118.~~650~~600% 360 58 Loan Group II ~~6000194239~~6000192988 Loan Paid in Full 0 810.900% 360 58 Loan Group II ~~6000194793~~6000193157 Loan Paid in Full 0 98.~~000~~400% 360 48 Loan Group II ~~6000194827~~6000194998 Loan Paid in Full 0 9.~~750~~500% 360 47 Loan Group II ~~6000195863~~6000196177 Loan Paid in Full 0 97.~~150~~800% 360 57 Loan Group II ~~6000196632~~6000196483 Loan Paid in Full 0 910.~~150~~950% 360 47 Loan Group II ~~6000196973~~6000196625 Loan Paid in Full 0 910.~~550~~250% 360 48 Loan Group II ~~6000196974~~6000197109 Loan Paid in Full 0 79.~~200~~500% 360 48 Loan Group II ~~7000176134~~6000198260 Loan Paid in Full 0 86.~~150~~750% 360 57 Loan Group II ~~7000177395~~6000198852 Loan Paid in Full 0 79.~~500~~700% 360 47 Loan Group II ~~8000065003~~6000200170 Loan Paid in Full 0 8.350% 360 47 Loan Group II ~~8000065276~~6000200346 Loan Paid in Full 0 8.~~800~~150% 360 67 Loan Group II ~~8000065948~~7000172862 Loan Paid in Full 01 8.~~700~~050% 360 58 Loan Group II ~~8000066650~~7000175768 Loan Paid in Full 0 97.~~650~~450% 360 58 Loan Group II ~~8000068707~~7000178728 Loan Paid in Full 0 89.~~800~~550% 360 57 Loan Group II ~~8000069905~~7000179159 Loan Paid in Full 0 76.~~650~~900% 360 47 Loan Group II ~~8000070289~~7000179241 Loan Paid in Full 0 6.~~850~~490% 360 47 Loan Group II ~~8000071481~~7000179556 Loan Paid in Full 0(1) 87.~~200~~750% 360 47 Loan Group II ~~8000072874~~8000058051 Loan Paid in Full 01 89.~~300~~850% 360 49 Loan Group II ~~8100066475~~8000067487 Loan Paid in Full 0 710.~~800~~650% 360 47 Loan Group II ~~1000293510~~8000069277 Loan Paid in Full 0 910.~~700~~600% 360 48 Loan Group II ~~1000297551~~8000069791 Loan Paid in Full 0 117.~~250~~550% 360 47 Loan Group II ~~6000193196~~8000070320 Loan Paid in Full 0 109.~~650~~200% 360 58 Loan Group II ~~6000194761~~8000070597 Loan Paid in Full (1) 7.700% 360 7 Loan Group II 8000071843 Loan Paid in Full 0 108.~~175~~250% 360 57 Loan Group II ~~6000195917~~1000296470 Loan Paid in Full 0 109.~~450~~990% 360 57 Loan Group II ~~7000174036~~1000296589 Loan Paid in Full 0 11.~~250~~075% 360 57 Loan Group II ~~7000178850~~5000187565 Loan Paid in Full 0(1) 910.~~275~~000% 360 47 Loan Group II ~~8000070495~~6000193341 Loan Paid in Full 0 910.~~550~~325% ~~360~~180 48

Prepayment - Voluntary Prepayments

Summary SMM CPR PSA Current Month 23.~~559~~486% Current Month 2634.~~734~~676% Current Month 2,~~987~~319.~~067~~922% 3 Month Average 03.~~000~~120% 3 Month Average 031.~~000~~605% 3 Month Average 02,469.~~000~~180% 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. ~~Jul~~Oct-2005 N/A N/A ~~Jul~~Oct-2005 N/A N/A ~~Aug~~Nov-2005 N/A N/A ~~Aug~~Nov-2005 N/A N/A ~~Sep~~Dec-2005 N/A N/A ~~Sep~~Dec-2005 N/A N/A ~~Oct~~Jan-~~2005~~2006 N/A N/A ~~Oct~~Jan-~~2005~~2006 N/A N/A ~~Nov~~Feb-~~2005~~2006 N/A N/A ~~Nov~~Feb-~~2005~~2006 N/A N/A ~~Dec~~Mar-~~2005~~2006 N/A N/A ~~Dec~~Mar-~~2005~~2006 N/A N/A ~~Jan~~Apr-2006 N/A N/A ~~Jan~~Apr-2006 N/A N/A ~~Feb~~May-2006 N/A N/A ~~Feb~~May-2006 N/A N/A ~~Mar~~Jun-2006 ~~N/A~~26.734% N/A ~~Mar~~Jun-2006 ~~N/A~~2,987.067% N/A ~~Apr~~Jul-2006 ~~N/A~~31.248% N/A ~~Apr~~Jul-2006 ~~N/A~~2,855.647% N/A ~~May~~Aug-2006 ~~N/A~~28.891% N/A ~~May~~Aug-2006 ~~N/A~~2,231.970% N/A ~~Jun~~Sep-2006 2634.~~734~~676% N/A ~~Jun~~Sep-2006 2,~~987~~319.~~067~~922% 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. Loan Group I SMM CPR PSA Current Month 35.~~337~~760% Current Month 3350.~~456~~932% Current Month 3,~~716~~394.~~883~~072% 3 Month Average 04.~~000~~554% 3 Month Average 042.~~000~~539% 3 Month Average 03,280.~~000~~276% 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. ~~Jul~~Oct-2005 N/A N/A ~~Jul~~Oct-2005 N/A N/A ~~Aug~~Nov-2005 N/A N/A ~~Aug~~Nov-2005 N/A N/A ~~Sep~~Dec-2005 N/A N/A ~~Sep~~Dec-2005 N/A N/A ~~Oct~~Jan-~~2005~~2006 N/A N/A ~~Oct~~Jan-~~2005~~2006 N/A N/A ~~Nov~~Feb-~~2005~~2006 N/A N/A ~~Nov~~Feb-~~2005~~2006 N/A N/A ~~Dec~~Mar-~~2005~~2006 N/A N/A ~~Dec~~Mar-~~2005~~2006 N/A N/A ~~Jan~~Apr-2006 N/A N/A ~~Jan~~Apr-2006 N/A N/A ~~Feb~~May-2006 N/A N/A ~~Feb~~May-2006 N/A N/A ~~Mar~~Jun-2006 ~~N/A~~33.456% N/A ~~Mar~~Jun-2006 ~~N/A~~3,716.883% N/A ~~Apr~~Jul-2006 ~~N/A~~39.082% N/A ~~Apr~~Jul-2006 ~~N/A~~3,554.076% N/A ~~May~~Aug-2006 ~~N/A~~37.603% N/A ~~May~~Aug-2006 ~~N/A~~2,892.679% N/A ~~Jun~~Sep-2006 3350.~~456~~932% N/A ~~Jun~~Sep-2006 3,~~716~~394.~~883~~072% 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. Loan Group I SMM CPR PSA Current Month 13.~~638~~152% Current Month 1731.~~983~~912% Current Month 12,~~972~~110.~~511~~574% 3 Month Average 03.~~000~~022% 3 Month Average 030.~~000~~662% 3 Month Average 02,341.~~000~~678% 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. ~~Jul~~Oct-2005 N/A N/A ~~Jul~~Oct-2005 N/A N/A ~~Aug~~Nov-2005 N/A N/A ~~Aug~~Nov-2005 N/A N/A ~~Sep~~Dec-2005 N/A N/A ~~Sep~~Dec-2005 N/A N/A ~~Oct~~Jan-~~2005~~2006 N/A N/A ~~Oct~~Jan-~~2005~~2006 N/A N/A ~~Nov~~Feb-~~2005~~2006 N/A N/A ~~Nov~~Feb-~~2005~~2006 N/A N/A ~~Dec~~Mar-~~2005~~2006 N/A N/A ~~Dec~~Mar-~~2005~~2006 N/A N/A ~~Jan~~Apr-2006 N/A N/A ~~Jan~~Apr-2006 N/A N/A ~~Feb~~May-2006 N/A N/A ~~Feb~~May-2006 N/A N/A ~~Mar~~Jun-2006 ~~N/A~~17.983% N/A ~~Mar~~Jun-2006 ~~N/A~~1,972.511% N/A ~~Apr~~Jul-2006 ~~N/A~~24.452% N/A ~~Apr~~Jul-2006 ~~N/A~~2,198.825% N/A ~~May~~Aug-2006 ~~N/A~~35.622% N/A ~~May~~Aug-2006 ~~N/A~~2,715.635% N/A ~~Jun~~Sep-2006 1731.~~983~~912% N/A ~~Jun~~Sep-2006 12,~~972~~110.~~511~~574% 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. Loan Group II SMM CPR PSA Current Month 2.~~385~~632% Current Month 2527.~~145~~390% Current Month 21,~~827~~840.~~383~~010% 3 Month Average 02.~~000~~571% 3 Month Average 026.~~000~~832% 3 Month Average 02,121.~~000~~784% 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. ~~Jul~~Oct-2005 N/A N/A ~~Jul~~Oct-2005 N/A N/A ~~Aug~~Nov-2005 N/A N/A ~~Aug~~Nov-2005 N/A N/A ~~Sep~~Dec-2005 N/A N/A ~~Sep~~Dec-2005 N/A N/A ~~Oct~~Jan-~~2005~~2006 N/A N/A ~~Oct~~Jan-~~2005~~2006 N/A N/A ~~Nov~~Feb-~~2005~~2006 N/A N/A ~~Nov~~Feb-~~2005~~2006 N/A N/A ~~Dec~~Mar-~~2005~~2006 N/A N/A ~~Dec~~Mar-~~2005~~2006 N/A N/A ~~Jan~~Apr-2006 N/A N/A ~~Jan~~Apr-2006 N/A N/A ~~Feb~~May-2006 N/A N/A ~~Feb~~May-2006 N/A N/A ~~Mar~~Jun-2006 ~~N/A~~25.145% N/A ~~Mar~~Jun-2006 ~~N/A~~2,827.383% N/A ~~Apr~~Jul-2006 ~~N/A~~28.254% N/A ~~Apr~~Jul-2006 ~~N/A~~2,596.397% N/A ~~May~~Aug-2006 ~~N/A~~24.853% N/A ~~May~~Aug-2006 ~~N/A~~1,928.944% N/A ~~Jun~~Sep-2006 2527.~~145~~390% N/A ~~Jun~~Sep-2006 21,~~827~~840.~~383~~010% 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. Loan Group II SMM CPR PSA Current Month 0.~~989~~367% Current Month 114.~~241~~321% Current Month ~~1,244~~287.~~485~~268% 3 Month Average 01.~~000~~066% 3 Month Average 011.~~000~~827% 3 Month Average 0988.~~000~~599% 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. ~~Jul~~Oct-2005 N/A N/A ~~Jul~~Oct-2005 N/A N/A ~~Aug~~Nov-2005 N/A N/A ~~Aug~~Nov-2005 N/A N/A ~~Sep~~Dec-2005 N/A N/A ~~Sep~~Dec-2005 N/A N/A ~~Oct~~Jan-~~2005~~2006 N/A N/A ~~Oct~~Jan-~~2005~~2006 N/A N/A ~~Nov~~Feb-~~2005~~2006 N/A N/A ~~Nov~~Feb-~~2005~~2006 N/A N/A ~~Dec~~Mar-~~2005~~2006 N/A N/A ~~Dec~~Mar-~~2005~~2006 N/A N/A ~~Jan~~Apr-2006 N/A N/A ~~Jan~~Apr-2006 N/A N/A ~~Feb~~May-2006 N/A N/A ~~Feb~~May-2006 N/A N/A ~~Mar~~Jun-2006 ~~N/A~~11.241% N/A ~~Mar~~Jun-2006 ~~N/A~~1,244.485% N/A ~~Apr~~Jul-2006 ~~N/A~~20.803% N/A ~~Apr~~Jul-2006 ~~N/A~~1,884.239% N/A ~~May~~Aug-2006 ~~N/A~~10.357% N/A ~~May~~Aug-2006 ~~N/A~~794.290% N/A ~~Jun~~Sep-2006 114.~~241~~321% N/A ~~Jun~~Sep-2006 ~~1,244~~287.~~485~~268% 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 Loan Group I Current Number of Outstanding Percentage of Number of Outstanding Percentage of Interest Rate Loans Scheduled Balance(%) Loans Scheduled Balance(%) Range(%) Balance($) Balance($) < 5.250 0 0.00 0.000 0 0.00 0.000 5.250 5.749 32 ~~705~~365,~~053~~815.7375 0.~~077~~044 21 ~~498~~160,~~500~~000.00 0.~~169~~063 5.750 6.249 4746 17,~~621~~321,~~305~~359.7564 12.~~917~~075 2019 5,~~503~~224,~~997~~571.3681 12.~~866~~041 6.250 6.749 ~~217~~206 7167,~~272~~962,~~276~~709.7925 78.~~752~~141 6459 1514,~~321~~026,~~804~~532.2467 5.~~196~~479 6.750 7.249 ~~468~~435 ~~140~~131,~~615~~109,~~621~~781.9197 15.~~294~~704 ~~171~~154 4035,~~157~~413,~~845~~451.8730 13.~~618~~834 7.250 7.749 ~~598~~550 ~~177~~163,~~392~~754,~~731~~833.3658 19.~~294~~615 ~~202~~175 4639,~~107~~545,~~079~~246.4303 15.~~636~~448 7.750 8.249 ~~657~~590 ~~171~~153,~~765~~166,~~416~~842.9370 18.~~682~~347 ~~277~~247 6153,~~328~~674,~~508~~483.9421 20.~~797~~968 8.250 8.749 ~~525~~470 ~~130~~114,~~110~~882,~~261~~291.6627 1413.~~151~~761 ~~226~~203 4741,~~042~~183,~~877~~605.6885 1516.~~953~~088 8.750 9.249 ~~432~~389 8373,~~203~~105,~~716~~100.7857 98.~~049~~757 ~~184~~157 3731,~~956~~236,~~239~~737.8147 12.~~872~~202 9.250 9.749 ~~333~~303 4237,~~732~~279,~~800~~607.2847 4.~~648~~465 8372 1512,~~174~~986,~~271~~475.8260 5.~~146~~073 9.750 10.249 ~~239~~222 2926,~~301~~993,~~960~~679.4380 3.~~187~~233 6561 1211,~~577~~483,~~318~~833.0502 4.~~265~~486 10.250 10.749 ~~220~~196 1917,~~936~~788,~~599~~974.5447 2.~~168~~131 2117 3,~~858~~214,~~785~~472.1559 1.~~309~~256 10.750 11.249 ~~186~~170 1614,~~327~~577,~~172~~025.4843 1.~~776~~746 2016 3,~~935~~288,~~423~~940.7159 1.~~335~~285 11.250 11.749 ~~149~~138 1210,~~208~~813,~~801~~198.1081 1.~~328~~295 1916 32,~~449~~903,~~845~~820.5267 1.~~170~~134 11.750 12.249 4746 4,~~403~~313,~~137~~043.9837 0.~~479~~517 7 1,~~195~~194,~~390~~486.8521 0.~~405~~467 12.250 12.749 2622 1,~~557~~167,~~244~~019.2550 0.~~169~~140 53 ~~777~~449,~~653~~733.8508 0.~~264~~176 12.750 13.249 7 ~~255~~254,~~144~~558.1868 0.~~028~~030 0 0.00 0.000 >= 13.250 10 ~~28,984~~0.5100 0.~~003~~000 0 0.00 0.000 Total 43,~~155~~792 ~~919~~834,~~438~~855,~~229~~842.6626 100.000 1,~~366~~207 ~~294~~255,~~885~~986,~~542~~390.2810 100.000

Interest Rate Stratification (continued) Loan Group I Loan Group II Current Number of Outstanding Percentage of Number of Outstanding Percentage of Interest Rate Loans Scheduled Balance(%) Loans Scheduled Balance(%) Range(%) Balance($) Balance($) < 5.250 0 0.00 0.000 0 0.00 0.000 5.250 5.749 0 0.00 0.000 1 ~~206~~205,~~553~~815.7375 0.~~040~~044 5.750 6.249 3 1,~~160~~156,~~874~~455.7489 2.~~265~~479 23 10,~~441~~428,~~982~~164.3425 2.~~042~~208 6.250 6.749 2724 7,~~872~~332,~~969~~814.9128 15.~~358~~718 ~~113~~110 4140,~~741~~286,~~886~~023.6416 8.~~162~~528 6.750 7.249 3329 65,~~891~~915,~~318~~941.2757 1312.~~443~~681 ~~246~~234 8682,~~752~~982,~~519~~349.6388 1617.~~964~~566 7.250 7.749 2926 76,~~381~~641,~~215~~472.2409 14.~~399~~236 ~~357~~339 ~~121~~115,~~781~~449,~~043~~191.1959 2324.~~813~~439 7.750 8.249 2823 54,~~289~~484,~~257~~281.3367 109.~~318~~612 ~~346~~315 ~~103~~93,~~612~~905,~~329~~699.9626 2019.~~261~~879 8.250 8.749 16 2,~~764~~759,~~781~~493.8737 5.~~393~~915 ~~275~~244 7969,~~107~~856,~~944~~952.1830 1514.~~469~~788 8.750 9.249 4140 5,~~233~~072,~~559~~329.9472 10.~~209~~873 ~~167~~153 3532,~~471~~370,~~690~~432.2447 6.~~936~~852 9.250 9.749 6360 3,~~615~~489,~~268~~181.2403 7.~~052~~479 9985 1714,~~133~~119,~~725~~250.5501 32.~~350~~989 9.750 10.249 3733 2,~~310~~008,~~944~~923.7168 4.~~508~~306 4440 65,~~221~~706,~~498~~064.9118 1.~~217~~208 10.250 10.749 6960 3,~~729~~098,~~392~~268.7589 76.~~275~~641 3126 3,~~910~~403,~~520~~509.2168 0.~~765~~720 10.750 11.249 4644 2,~~190~~085,~~226~~153.4927 4.~~273~~470 2014 21,~~727~~956,~~353~~717.1214 0.~~533~~414 11.250 11.749 4442 2,~~204~~051,~~752~~017.8508 4.~~301~~396 107 1780,~~346,411~~757.3230 0.~~263~~165 11.750 12.249 8 423,~~875~~305.2855 0.~~827~~907 6 ~~944~~943,~~720~~904.8972 0.~~185~~200 12.250 12.749 64 ~~164~~103,~~533~~765.3580 0.~~321~~222 0 0.00 0.000 12.750 13.249 1 29,~~962~~939.9271 0.~~058~~064 0 0.00 0.000 >= 13.250 0 0.00 0.000 0 0.00 0.000 Total ~~451~~413 5146,~~262~~652,~~933~~343.8960 100.000 1,~~738~~597 ~~511~~472,~~400~~394,~~179~~831.9169 100.000

Interest Rate Stratification (continued) Loan Group II Current Number of Outstanding Percentage of Interest Rate Loans Scheduled Balance(%) Range(%) Balance($) < 5.250 0 0.00 0.000 5.250 5.749 0 0.00 0.000 5.750 6.249 1 ~~514~~512,~~451~~167.3169 0.~~831~~856 6.250 6.749 13 6,~~335~~317,~~616~~339.0014 10.~~237~~560 6.750 7.249 18 6,~~813~~798,~~938~~039.1422 11.~~010~~364 7.250 7.749 10 2,~~123~~118,~~393~~923.5087 3.~~431~~542 7.750 8.249 65 1,~~535~~102,~~320~~378.7056 21.~~481~~843 8.250 8.749 87 1,~~194~~082,~~657~~239.9375 1.~~930~~809 8.750 9.249 4039 4,~~542~~425,~~226~~600.7991 7.~~339~~398 9.250 9.749 8886 6,~~809~~684,~~534~~700.6783 11.~~003~~174 9.750 10.249 9388 87,~~192~~794,~~198~~858.7692 13.~~237~~030 10.250 10.749 9993 8,~~437~~072,~~901~~723.4331 13.~~634~~495 10.750 11.249 ~~100~~96 7,~~474~~246,~~169~~214.1643 12.~~077~~113 11.250 11.749 7673 5,~~207~~077,~~791~~603.4176 8.~~415~~488 11.750 12.249 2625 1,~~839~~751,~~150~~346.9689 2.~~972~~928 12.250 12.749 15 ~~615~~613,~~057~~520.0562 01.~~994~~026 12.750 13.249 6 ~~225~~224,~~181~~618.2697 0.~~364~~375 >= 13.250 10 ~~28,984~~0.5100 0.~~047~~000 Total ~~600~~575 6159,~~889~~822,~~573~~276.5887 100.000

Filing Compare · SG Mortgage Securities Trust 2006-FRE1