114161144
19794130
Chase

DELINQ(179/179)

552()

1/1/2005

5/31/2005

9/8/2005

$118,000.00

$70,000.00

$23,600.00
$23,471.66

100.00%
168.38%

-40.67%

Conventional

w/o PMI

4/8/2005

$94,400.00

114161177
19788132
Chase

DELINQ(269/269)

12/1/2004

5/17/2005

$123,000.00
$105,000.00

$24,430.00
$24,327.02

99.31%

116.23%

-14.63%

Conventional

w/o PMI

4/8/2005

$97,720.00

Summary:

12/1/2005 9:01:55 AM

RICHIE

Walk, insufficient equity to foreclose

11/23/2005 9:54:45 AM

RICHIE

Second lien, in Loss mitigation, possible walk/charge-off. Insufficient equity to pursue foreclosure

11/9/2005 12:25:50 PM

CHARLIE

As per the servicer this account was charged off due to insufficient equity to cover the second position. Homeq held the senior lien with a upb of $97,720. The BPO
value for this property was $105,000. The amount that was charged off was $25,956 which consists of the upb of $24,327.02 and $1,543.98 in interest advances
and $85 in corporate advances representing the cost of the BPO.

11/9/2005 10:07:57 AM

CHARLIE

The first payment date for this loan was 12/1/2004. The borrower made the first 3 payments and defaulted from that point on. Additionally, the original appraisal
value for this property was $123,000. In May, 2005 the servicer ordered a new BPO and the value of the property declined to $105,000.

114165418
19791714
Chase

DELINQ(239/239)

517()

12/1/2004
7/31/2005

10/18/2005

$550,000.00
$245,000.00

$512,525.00
$511,049.28

93.19%

208.59%

-55.45%

Conventional

w/o PMI

4/8/2005

$0.00

114165749
19786714
Chase

DELINQ(179/179)

489()

1/1/2005

5/26/2005

8/18/2005

$113,000.00
$108,000.00

$101,700.00
$101,371.58

90.00%
93.86%

-4.42%

Conventional w/

PMI

4/8/2005

$0.00

114167067
19794395
Chase

DELINQ(149/149)

478()

1/1/2005

6/30/2005

9/27/2005

$200,000.00
$180,000.00

$40,000.00
$39,689.36

100.00%
110.93%

-10.00%

Conventional

w/o PMI

4/8/2005

$160,000.00

Summary:

12/1/2005 9:02:51 AM

RICHIE

Walk, insufficient equity to foreclose

11/23/2005 9:56:06 AM

RICHIE

Second lien, in Loss mitigation, possible walk/charge-off. Insufficient equity to pursue foreclosure

114168669
19799501
Chase

DELINQ(239/239)

534()

1/1/2005

8/30/2005

6/23/2005

$134,000.00

$90,000.00

$89,990.00
$89,832.71

67.16%
99.81%

-32.83%

Conventional

w/o PMI

4/8/2005

$0.00

Watch List Report

Date: 12/15/2005 4:46:41 PM Deal Number: SASCO 2005-NC1 Report As of: 11/30/2005

T: 718-858-6050

E: info@rmgglobal.com

W: www.rmgglobal.com

Investor Ln Nbr
Loan Number
Servicer Name
Originator

Lien

Position

Aging/Delinquency

State

FICO(Date)

First Pmt

Last Paid Dt.

Valuation Method

Valuation Date

Orig. Value

Current Value

Orig. Amount

Current Bal

OLTV

LTV

BPO Var. %

Loan Type

Boarding Date

Sr/Jr Lien Bal

Status History

Page 1 of 3 (15 records returned)

114208275
19791128
Chase

DELINQ(149/149)

632()

1/1/2005

6/13/2005

9/16/2005

$430,000.00
$330,000.00

$78,000.00
$77,313.63

90.70%

117.97%

-23.25%

Conventional

w/o PMI

4/8/2005

$312,000.00

114213283
19800473
Chase

DELINQ(149/149)

512()

1/1/2005

7/18/2005

9/15/2005

$140,000.00
$112,600.00

$105,000.00
$104,615.42

75.00%
92.90%

-19.57%

Conventional

w/o PMI

4/8/2005

$0.00

Summary:

12/1/2005 9:03:48 AM

RICHIE

PHFA on account

11/23/2005 9:57:06 AM

RICHIE

Account under PHFA protection

114213606
19787373
Chase

DELINQ(149/149)

520()

1/1/2005
7/5/2005

9/16/2005

$85,000.00
$77,000.00

$68,000.00
$67,872.13

80.00%
88.14%

-9.41%

Conventional

w/o PMI

4/8/2005

$0.00

114218183
19807197
Chase

DELINQ(179/179)

484()

1/1/2005

8/23/2005

$160,500.00
$160,500.00

$32,000.00
$31,623.12

99.69%
99.45%

0.00%

Conventional

w/o PMI

4/8/2005

$128,000.00

Summary:

12/1/2005 9:04:30 AM

RICHIE

On hold, Hurricane issue

11/23/2005 9:57:39 AM

RICHIE

Foreclosure action on hold due to Hurricane

114222011
19810753
Chase

DELINQ(149/149)

511()

1/1/2005

6/30/2005

9/15/2005

$295,000.00
$272,000.00

$59,000.00
$58,851.02

100.00%
108.40%

-7.79%

Conventional

w/o PMI

4/8/2005

$236,000.00

114222748
19820893
Chase

DELINQ(149/149)

482()

1/1/2005

7/12/2005

9/16/2005

$130,000.00
$131,000.00

$26,000.00
$25,823.85

100.00%

99.10%

0.76%

Conventional

w/o PMI

4/8/2005

$104,000.00

Summary:

12/1/2005 9:05:08 AM

RICHIE

Walk, insufficient equity to foreclose

11/23/2005 9:58:23 AM

RICHIE

Second lien, in Loss mitigation, possible walk/charge-off. Insufficient equity to pursue foreclosure

Watch List Report

Date: 12/15/2005 4:46:41 PM Deal Number: SASCO 2005-NC1 Report As of: 11/30/2005

T: 718-858-6050

E: info@rmgglobal.com

W: www.rmgglobal.com

Investor Ln Nbr
Loan Number
Servicer Name
Originator

Lien

Position

Aging/Delinquency

State

FICO(Date)

First Pmt

Last Paid Dt.

Valuation Method

Valuation Date

Orig. Value

Current Value

Orig. Amount

Current Bal

OLTV

LTV

BPO Var. %

Loan Type

Boarding Date

Sr/Jr Lien Bal

Status History

Page 2 of 3 (15 records returned)

114222797
19822121
Chase

DELINQ(179/179)

518()

1/1/2005

4/29/2005

4/21/2005

$177,000.00
$180,000.00

$35,300.00
$35,101.63

99.72%
97.94%

1.69%

Conventional

w/o PMI

4/8/2005

$141,200.00

114223811
19787506
Chase

DELINQ(149/149)

551()

1/1/2005

7/21/2005

9/21/2005

$127,000.00

$50,000.00

$25,400.00
$25,210.26

100.00%
253.62%

-60.62%

Conventional

w/o PMI

4/8/2005

$101,600.00

114226723
19809193
Chase

DELINQ(149/149)

499()

1/1/2005

6/28/2005

9/20/2005

$310,000.00
$285,000.00

$245,600.00
$244,677.33

79.23%
85.85%

-8.06%

Conventional

w/o PMI

4/8/2005

$0.00

Summary:

12/1/2005 9:04:41 AM

RICHIE

On hold, Hurricane issue

11/23/2005 9:57:58 AM

RICHIE

Foreclosure action on hold due to Hurricane

Watch List Report

Date: 12/15/2005 4:46:41 PM Deal Number: SASCO 2005-NC1 Report As of: 11/30/2005

T: 718-858-6050

E: info@rmgglobal.com

W: www.rmgglobal.com

Investor Ln Nbr
Loan Number
Servicer Name
Originator

Lien

Position

Aging/Delinquency

State

FICO(Date)

First Pmt

Last Paid Dt.

Valuation Method

Valuation Date

Orig. Value

Current Value

Orig. Amount

Current Bal

OLTV

LTV

BPO Var. %

Loan Type

Boarding Date

Sr/Jr Lien Bal

Status History

Page 3 of 3 (15 records returned)

Watch List Report

Date: 12/15/2005 4:46:41 PM Deal Number: SASCO 2005-NC1 Report As of: 11/30/2005

T: 718-858-6050

E: info@rmgglobal.com

W: www.rmgglobal.com

Investor Ln Nbr
Loan Number
Servicer Name
Originator

Lien

Position

Aging/Delinquency

State

FICO(Date)

First Pmt

Last Paid Dt.

Valuation Method

Valuation Date

Orig. Value

Current Value

Orig. Amount

Current Bal

OLTV

LTV

BPO Var. %

Loan Type

Boarding Date

Sr/Jr Lien Bal

Status History

Page 3 of 3 (15 records returned)

SASCO Mortgage Pass Through Certificates, Series 2005-NC1 8-K