SEC Info - Option One Mortgage Accep Corp Ast Back Certs Ser 2003-3 - ‘8-K’ for 5/15/03

SEC Info℠

Home

Help

Please Sign In

Option One Mortgage Accep Corp Ast Back Certs Ser 2003-3 – ‘8-K’ for 5/15/03 – EX-99.1

On: Wednesday, 5/28/03, at 10:52am ET · For: 5/15/03 · Accession #: 882377-3-930 · File #: 333-101483-02

  As Of                Filer                Filing    For·On·As Docs:Size              Issuer               Agent

 5/28/03  Option One Mtge Accep Cor… 2003-3 8-K:2,5,7   5/15/03    3:87K                                    Thacher Proffitt… LLP/FA

Current Report — Form 8-K
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 8-K         Option One Mortgage Acceptance Corporation             6     16K 
 2: EX-4.2      Instruments Defining Rights of Security Holders       10     32K 
 3: EX-99.1     Additional Exhibits                                   21    122K

EX-99.1 — Additional Exhibits

EX-99.1 1st Page of 21 TOC ↑Top Previous Next ↓Bottom Just 1st
 
Exhibit 99.1
------------

    The Group I Mortgage Loans consist of approximately 5,446 Mortgage
Loans, all of which are secured by first Mortgages. The Group II Mortgage Loans 
consist of approximately 2,714 Mortgage Loans, of which approximately 98.69% are
secured by first Mortgages and approximately 1.31% are secured by second        
Mortgages.                                                                      

   Each Mortgage Loan will accrue interest at the adjustable-rate or
fixed-rate calculated as sunder the terms of the related mortgage note (each    
such rate, a "Mortgage Rate"). Approximately 70.03% of the Group I Mortgage     
Loans are adjustable-rate Mortgage Loans (the "Adjustable-Rate Group I Mortgage 
Loans") and approximately 29.97% of the Group I Mortgage Loans are fixed-rate   
Mortgage Loans (the "Fixed-Rate Group I Mortgage L Approximately 68.08% of the  
Group II Mortgage Loans are adjustable-rate Mortgage Loans (the "Adjustable-Rate
Group II Mortgage Loans") and approximately 31.92% of the Group II Mortgage     
Loans are fixed-rate Mortgage Loans (the "Fixed-Rate Group II Mortgage Loans"). 

         Each of the Fixed-Rate Mortgage Loans has a Mortgage Rate that is fixed
for the life of such Mortgage Loan.                                             

        Each adjustable-rate Mortgage Loan accrues interest at a Mortgage Rate
that is adjustable. Generally, the adjustable-rate Mortgage Loans provide for   
semi-annual adjustment to the Mortgage Rate thereon and for corresponding       
adjustments to the monthly payment amount due thereon, in each case on each     
adjustment date applicable thereto (each such date, an "Adjustment Date");      
provided, that the first adjustment for the adjustable-rate Group I Mortgage    
Loans will occur after an initial period of two years, in the case of           
approximately 89.38% of the Adjustable-Rate Group I Mortgage Loans, three years,
in the case of approximately 8.88% of the Adjustable-Rate Group I Mortgage Loans
and fifteen years, in the case of approximately 1.70% of the Adjustable-Rate    
Group I Mortgage Loans, that the first adjustment for the adjustable-rate Group 
II Mortgage Loans will occur after an initial period of two years, ithe case of 
approximately 92.25% of the Adjustable-Rate Group II Mortgage Loans, three      
years, in the case of approximately 6.18% of the Adjustable-Rate Group II       
Mortgage Loans and fifteen years, in the case of approximately 1.42% of the     
Adjustable-Rate Group II Mortgage Loans (any adjustable-rate Mortgage Loan      
having such a delayed first adjustment feature, a "Delayed First Adjustment     
Mortgage Loan"). On each Adjustment Date for each adjustable-rate Mortgage Loan,
the Mortgage Rate thereon will be adjusted to equal the sum, rounded to the     
nearest or next hmultiple of 0.125%, of Six-Month LIBOR (as defined below) and a
fixed percentage amount (the "Gross Margin"). The Mortgage Rate on each         
Adjustable-Rate Mortgage Loan will not increase by more than a stated percentage
(per annum to 5.000% per annum, as specified in the related mortgage note) on   
the first related Adjustment Date (the "Initial Periodic Rate Cap") and will not
increase or decrease by more than a stated percentage (1% per annum, 2% per     
annum, 3% per annum, 4% per annum or 5% per annum, as specified in the related  
mortgage note) on any Adjustment Date thereafter (the "Subsequent Periodic Rate 
Cap"). The Adjustable-Rate Group I Mortgage Loans have a weighted average       
Initial Periodic Rate Cap of approximately 3.002% per annum and a weighted      
average Subsequent Periodic Rate Cap of approximately 1.004% per annum and the  
Adjustable-Rate Group II Mortgage Loans have a weighted average Initial Periodic
Rate Cap of approximately 3.005% per annum and a weighted average Subsequent    
Periodic Rate Cap of approximately 1.005% per annum. Each Mortgage Rate on each 
adjustable-rate Mortgage Loan will not exceed a specified maximum Mortgage Rate 
over the life of such Mortgage Loan (the "Maximum Mortgage Rate") or be less    
than a specified minimum Mortgage Rate over the life of such Mortgage Loan (the 
"Minimum Mortgage Rate"). Effective with the first monthly payment due on each  
adjustable-rate Mortgage Loan after each related Adjustment Dthe monthly payment
amount will be adjusted to an amount that will amortize fully the outstanding   
Principal Balance of the related Mortgage Loan over its remaining term, and pay 
interest at the Mortgage Rate as so adjusted. Due to the application of the     
Periodic Rate Caps and the Maximum Mortgage Rates, the Mortgage Rate on each    
such adjustable-rate Mortgage Loan, as adjusted on any related Adjustment Date, 
may be less than the sum of the Index and the related Gross Margin, rounded as  
described in this prospectus supplement.                                        

      Approximately 78.77% of the Group I Mortgage Loans and approximately
77.34% of the Group II Mortgage Loans provide for payment by the mortgagor of a 
prepayment charge in limited circumstances on certain prepayments.              
Generally, each such Mortgage Loan having a prepayment charge provision will    
provide for payment of a prepayment                                             

EX-99.1 2nd Page of 21 TOC 1st Previous Next ↓Bottom Just 2nd
charge on certain partial prepayments and all prepayments in full made within a 
stated number of months that is between 12 and 60 months from the date of       
origination of such Mortgage Loan. The amount of the prepayment charge is       
provided in the related mortgage note and is generally equal to six months'     
interest on the amount prepaid in excess of 20% of the original principal       
balance of the related Mortgage Loan in any twelve-month period. The holders of 
the Class P Certificates will be entitled to all prepayment charges received on 
the Mortgage Loans, and such amounts will not be available for distribution on  
the other classes of Certificates. Under certain circumstances, as described    
ithe Pooling Agreement, the Master Servicer may waive the payment of any        
otherwise applicable prepayment charge. Investors should conduct their own      
analysis of the effect, if any, that the prepayment charges, and decisions by   
the Master Servicer with respect to the waiver thereof, may have on the         
prepayment performance of the Mortgage Loans. The Depositor makes no            
representations as to the effect that the prepayment charges, and decisions by  
the Master Servicer with respect to the waiver thereof, may have on the         
prepayment performance of the Mortgage Loans.                                   

GROUP I MORTGAGE LOANS STATISTICS                                               

       The following statistical information, unless otherwise specified, is
based upon percentages of the Principal Balances of the Group I Mortgage Loans  
as of the Cut-off Date.                                                         

      Approximately 36.14% of the Group I Mortgage Loans had loan-to-value
ratios at origination in excess of 80%. Approximately 0.26% of the Group I      
Mortgage Loans had a loan-to-value ratio at origination in excess of 95% and the
weighted average loan-to-value ratio of the Group I Mortgage Loans at           
origination was approximately 77.83%. There can be no assurance that the        
loan-to-value ratio of any Mortgage Loan determined at any time after           
origination is less than or equal to its original loan-to-value ratio.          
Additionally, the Originator's determination of the value of aMortgaged Property
used in the calculation of the loan-to-value ratios of the Mortgage Loans may   
differ from the appraised value of such Mortgaged Property or the actual value  
of such Mortgaged Property.                                                     

     Except with respect to 0.05%, the Group I Mortgage Loans have a Due
Date of the first day of the month (the "Due Date").                            

         The weighted average remaining term to maturity of the Group I Mortgage
Loans is approximately 355 months as of the Cut-off Date. None of the Group I   
Mortgage Loans had a first Due Date prior to October 1, 2000                    
or after June                                                                 
1, 2003 or will have a remaining term to maturity of less than 117 months or    
greater than 360 months as othe Cut-off Date. The latest maturity date of any   
Group I Mortgage Loan May 1, 2033.                                              

The average Principal Balance of the Group I Mortgage Loans at
origination was approximately $149,508.02. The average Principal Balance of the 
Group I Mortgage Loans as of the Cut-off Date was approximately $149,424.73.    
No Group I Mortgage Loan had a Principal Balance as of the Cut-off Date of less 
than approximately $49,632.92 or greater than approximately $499,643.53.        

         The Group I Mortgage Loans had Mortgage Rates as of the Cut-off Date of
not less than 5.200% per annum and not more than 12.750% per annum and the      
weighted average Mortgage Rate was approximately 7.745% per annum.              
As of the Cut-off Date, the Adjustable-Rate Group I Mortgage Loans had Gross    
Margins ranging from 2.600% to 8.440%, Minimum Mortgage Rates ranging from      
4.380% per annum to 12.750% per annum and Maximum Mortgage Rates ranging from   
11.200% per annum to 18.750% per annum. As of the Cut-off Date, the             
Adjustable-Rate Group I Mortgage Loans had a weighted average Gross Margin of   
approximately 5.222% per annum, a weighted average MMortgage Rate of            
approximately 7.866% per annum and a weighted average Maximum Mortgage Rate of  
approximately 13.897% per annum. The latest next Adjustment Date following the  
Cut-off Date on any Adjustable-Rate Group I Mortgage Loan occurs in May 1, 2018,
and the weighted average next Adjustment period for the Adjustable-Rate Group I 
Mortgage Loans following the applicable Cut-off Date is 26.9 months.            

The Group I Mortgage Loans are expected to have the following 
characteristics as of the Cut-off Date (the sum in any column may not equal the 
total indicated due to rounding):                                               

EX-99.1 3rd Page of 21 TOC 1st Previous Next ↓Bottom Just 3rd
                                                        [Enlarge/Download Table]


                         CUT-OFF DATE PRINCIPAL BALANCES OF THE GROUP I MORTGAGE LOANS(1)                           

                                                                                           % OF AGGREGATE PRINCIPAL 
                                                                     PRINCIPAL BALANCE     BALANCE OUTSTANDING AS OF
                                                  NUMBER OF        OUTSTANDING AS OF THE    THE APPLICABLE CUT-OFF  
          PRINCIPAL BALANCE ($)                MORTGAGE LOANS     APPLICABLE CUT-OFF DATE            DATE           
-------------------------------------------  -----------------    -----------------------  -------------------------
                                                                                                                    
 49,633 - 50,000 ...................                   45            $     2,247,877.34                0.28%        
 50,001 - 100,000 ..................                1,524                117,605,405.87               14.45         
100,001 - 150,000 ..................                1,607                200,687,285.12               24.66         
150,001 - 200,000 ..................                1,053                182,783,250.94               22.46         
200,001 - 250,000 ..................                  672                150,641,942.13               18.51         
250,001 - 300,000 ..................                  368                100,990,848.07               12.41         
300,001 - 350,000 ..................                  138                 43,778,487.87                5.38         
350,001 - 400,000 ..................                   33                 12,369,481.02                1.52         
400,001 - 450,000 ..................                    3                  1,252,195.22                0.15         
450,001 - 499,644 ..................                    3                  1,410,328.82                0.17         
                                                    -----            ------------------              ------         
          Total: ...................                5,446            $   813,767,102.40              100.00%        
                                                    =====            ==================              ======         
__________________                                                                                                  

(1) The average Cut-off Date Principal Balance of the Group I Mortgage Loans was
approximately 149,424.73.                                                       

                                                        [Enlarge/Download Table]


                 CREDIT SCORES FOR THE GROUP I MORTGAGE LOANS(1)                                                    

                                                                                           % OF AGGREGATE PRINCIPAL 
                                                                     PRINCIPAL BALANCE     BALANCE OUTSTANDING AS OF
                                                  NUMBER OF        OUTSTANDING AS OF THE    THE APPLICABLE CUT-OFF  
             CREDIT SCORE                     MORTGAGE LOANS     APPLICABLE CUT-OFF DATE            DATE            
-------------------------------------------  -----------------    -----------------------  -------------------------
                                                                                                                    
500.............................                         8           $     1,054,846.53               0.13%         
501 - 550 ......................                     1,445               211,510,413.90              25.99          
551 - 600 ......................                     1,387               204,880,596.22              25.18          
601 - 650 ......................                     1,485               225,040,205.86              27.65          
651 - 700 ......................                       733               112,576,385.17              13.83          
701 - 750 ......................                       308                46,723,423.59               5.74          
751 - 800 ......................                        75                11,277,873.58               1.39          
801 - 808 ......................                         5                   703,357.55               0.09          
                                                     -----           ------------------             ------          
      Total: ...................                     5,446           $   813,767,102.40             100.00%         
                                                     =====           ==================             ======          
______________________                                                                                              

(1)  The weighted average Credit Score of the Group I Mortgage Loans that had   
Credit Scores was approximately 601.                                  

EX-99.1 4th Page of 21 TOC 1st Previous Next ↓Bottom Just 4th
                                                        [Enlarge/Download Table]


                   CREDIT GRADE FOR THE GROUP I MORTGAGE LOANS                                                     

                                                                                          % OF AGGREGATE PRINCIPAL 
                                                                    PRINCIPAL BALANCE     BALANCE OUTSTANDING AS OF
                                                  NUMBER OF       OUTSTANDING AS OF THE    THE APPLICABLE CUT-OFF  
             CREDIT GRADE                     MORTGAGE LOANS    APPLICABLE CUT-OFF DATE            DATE            
-------------------------------------------  -----------------   -----------------------  -------------------------
                                                                                                                   
AA+ ......................                          676             $    96,757,307.97             11.89%          
AA .......................                        2,549                 392,498,251.77             48.23           
A ........................                        1,301                 193,982,593.36             23.84           
B ........................                          686                  98,495,374.59             12.10           
C ........................                          149                  19,889,473.38              2.44           
CC .......................                           85                  12,144,101.33              1.49           
                                                  -----             ------------------            ------           
  Total: .................                        5,446             $   813,767,102.40            100.00%          
                                                  =====             ==================            ======           


                                                        [Enlarge/Download Table]


                            ORIGINAL TERMS TO MATURITY OF THE GROUP I MORTGAGE LOANS(1)                             

                                                                                           % OF AGGREGATE PRINCIPAL 
                                                                     PRINCIPAL BALANCE     BALANCE OUTSTANDING AS OF
                                                  NUMBER OF        OUTSTANDING AS OF THE    THE APPLICABLE CUT-OFF  
        ORIGINAL TERM (MONTHS)               MORTGAGE LOANS     APPLICABLE CUT-OFF DATE            DATE             
-------------------------------------------  -----------------    -----------------------  -------------------------
                                                                                                                    
120 ......................                           8                $       550,304.97                0.07%       
180 ......................                         116                     13,256,183.07                1.63        
240 ......................                          80                      9,835,069.49                1.21        
360 ......................                       5,242                    790,125,544.87               97.09        
                                                 -----                ------------------              ------        
  Total: .................                       5,446                $   813,767,102.40              100.00%       
                                                 =====                ==================              ======        
____________________                                                                                                

(1)  The weighted average original term to maturity of the Group I Mortgage     
Loans was approximately 355 months.                                   

                                                        [Enlarge/Download Table]


                           REMAINING TERMS TO MATURITY OF THE GROUP I MORTGAGE LOANS(1)                             

                                                                                           % OF AGGREGATE PRINCIPAL 
                                                                    PRINCIPAL BALANCE      BALANCE OUTSTANDING AS OF
                                                 NUMBER OF        OUTSTANDING AS OF THE    THE APPLICABLE CUT-OFF   
        REMAINING TERM (MONTHS)               MORTGAGE LOANS      APPLICABLE CUT-OFF DATE            DATE           
-------------------------------------------  -----------------    -----------------------  -------------------------
                                                                                                                    
117 - 120 ......................                       8              $       550,304.97              0.07%         
176 - 180 ......................                     116                   13,256,183.07              1.63          
231 - 235 ......................                       1                      122,196.03              0.02          
236 - 240 ......................                      79                    9,712,873.46              1.19          
326 - 330 ......................                       1                      115,804.89              0.01          
346 - 350 ......................                       3                      738,551.73              0.09          
351 - 355 ......................                      89                   11,735,903.23              1.44          
356 - 360 ......................                   5,149                  777,535,285.02             95.55          
                                                   -----              ------------------            ------          
      Total: ...................                   5,446              $   813,767,102.40            100.00%         
                                                   =====              ==================            ======          


(1)  The weighted average remaining term to maturity of the Group I Mortgage    
Loans was approximately 355 months.                                   

EX-99.1 5th Page of 21 TOC 1st Previous Next ↓Bottom Just 5th
                                                        [Enlarge/Download Table]


                  PROPERTY TYPES OF THE GROUP I MORTGAGE LOANS                                                    

                                                                                         % OF AGGREGATE PRINCIPAL 
                                                                  PRINCIPAL BALANCE      BALANCE OUTSTANDING AS OF
                                                 NUMBER OF      OUTSTANDING AS OF THE    THE APPLICABLE CUT-OFF   
              PROPERTY TYPE                   MORTGAGE LOANS    APPLICABLE CUT-OFF DATE            DATE           
-------------------------------------------  -----------------  -----------------------  -------------------------
                                                                                                                  
Single Family Detached ...............             4,006           $   578,569,226.01            71.10%           
2-4 Units Detached ...................               529               102,701,638.80            12.62            
PUD Detached .........................               398                62,683,746.93             7.70            
Condo Low-Rise Attached ..............               253                32,726,668.18             4.02            
2-4 Units Attached ...................                67                14,938,458.72             1.84            
Manufactured Housing Detached ........                89                 7,890,837.82             0.97            
Single Family Attached ...............                52                 7,277,451.23             0.89            
PUD Attached .........................                32                 4,188,376.54             0.51            
Condo High-Rise Attached .............                20                 2,790,698.17             0.34            
                                                   -----           ------------------           ------            
  Total: .............................             5,446           $   813,767,102.40           100.00%           
                                                   =====           ==================           ======            
____________________                                                                                              

(1) PUD refers to a home or "unit" in a Planned Unit Development.               

                                                        [Enlarge/Download Table]


                OCCUPANCY STATUS OF THE GROUP I MORTGAGE LOANS(1)                                                   

                                                                                           % OF AGGREGATE PRINCIPAL 
                                                                    PRINCIPAL BALANCE      BALANCE OUTSTANDING AS OF
                                                 NUMBER OF        OUTSTANDING AS OF THE    THE APPLICABLE CUT-OFF   
         OCCUPANCY STATUS                     MORTGAGE LOANS      APPLICABLE CUT-OFF DATE            DATE           
-------------------------------------------  -----------------    -----------------------  -------------------------
                                                                                                                    
Primary ..................                           5,074         $   764,483,348.64               93.94%          
Non-owner ................                             306              40,576,272.75                4.99           
Second Home ..............                              66               8,707,481.01                1.07           
                                                     -----         ------------------              ------           
  Total: .................                           5,446         $   813,767,102.40              100.00%          
                                                     =====         ==================              ======           
____________________                                                                                                

(1) Occupancy as represented by the mortgagor at the time of origination.       

                                                        [Enlarge/Download Table]


                      PURPOSE OF THE GROUP I MORTGAGE LOANS                                                        

                                                                                          % OF AGGREGATE PRINCIPAL 
                                                                   PRINCIPAL BALANCE      BALANCE OUTSTANDING AS OF
                                                 NUMBER OF       OUTSTANDING AS OF THE    THE APPLICABLE CUT-OFF   
                   PURPOSE                   MORTGAGE LOANS     APPLICABLE CUT-OFF DATE            DATE            
-------------------------------------------  -----------------   -----------------------  -------------------------
                                                                                                                   
CashOut Refinance.........................         3,686            $565,479,272.56            69.49%              
Purchase..................................         1,193             164,955,762.80            20.27               
Rate/Term Refinance.......................           567              83,332,067.04            10.24               
                                                   -----            ---------------           ------               
  Total:                                           5,446            $813,767,102.40           100.00%              
                                                   =====            ===============           ======               

EX-99.1 6th Page of 21 TOC 1st Previous Next ↓Bottom Just 6th
                                                        [Enlarge/Download Table]


                       ORIGINAL LOAN-TO-VALUE RATIOS OF THE GROUP I MORTGAGE LOANS(1)(2)(3)                           

                                                                                             % OF AGGREGATE PRINCIPAL 
                                                                    PRINCIPAL BALANCE        BALANCE OUTSTANDING AS OF
                                                 NUMBER OF        OUTSTANDING AS OF THE      THE APPLICABLE CUT-OFF   
   ORIGINAL LOAN-TO-VALUE RATIO (%)           MORTGAGE LOANS      APPLICABLE CUT-OFF DATE              DATE           
-------------------------------------------  -----------------    -----------------------    -------------------------
                                                                                                                      
11.37 - 15.00 ....................                   1               $        52,261.95             0.01%             
15.01 - 20.00 ....................                   7                       465,161.70             0.06              
20.01 - 25.00 ....................                  13                     1,035,809.61             0.13              
25.01 - 30.00 ....................                  18                     1,414,543.50             0.17              
30.01 - 35.00 ....................                  31                     2,971,684.23             0.37              
35.01 - 40.00 ....................                  52                     6,344,283.28             0.78              
40.01 - 45.00 ....................                  51                     6,505,330.77             0.80              
45.01 - 50.00 ....................                  85                    11,523,780.12             1.42              
50.01 - 55.00 ....................                 124                    18,328,158.59             2.25              
55.01 - 60.00 ....................                 179                    25,821,332.14             3.17              
60.01 - 65.00 ....................                 376                    58,399,412.64             7.18              
65.01 - 70.00 ....................                 417                    67,750,754.97             8.33              
70.01 - 75.00 ....................                 577                    86,779,541.73            10.66              
75.01 - 80.00 ....................               1,542                   232,278,870.63            28.54              
80.01 - 85.00 ....................                 469                    71,479,545.36             8.78              
85.01 - 90.00 ....................               1,002                   150,430,937.46            18.49              
90.01 - 95.00 ....................                 485                    70,083,261.10             8.61              
95.01 - 100.00 ...................                  17                     2,102,432.62             0.26              
                                                 -----               ------------------           ------              
        Total: ...................               5,446               $   813,767,102.40           100.00%             
                                                 =====               ==================           ======              
__________________                                                                                                    

(1)     The weighted average original loan-to-value ratio of the Group I        
      Mortgage Loans as of the applicable Cut Date was approximately 77.83%.
(2)     For a description of the determination of loan-to-value ratio by the    
  Master Servicer see "Option One Mortgage Corporation--Underwriting
Standards" herein.                                              
(3)     References to Loan-to-Value Ratios are references to combined           
Loan-to-Value ratios with respect to second lien Mortgage Loans.

EX-99.1 7th Page of 21 TOC 1st Previous Next ↓Bottom Just 7th
                                                        [Enlarge/Download Table]

           GEOGRAPHIC DISTRIBUTION OF THE MORTGAGED PROPERTIES RELATED TO THE GROUP I MORTGAGE LOANS(1)               

                                                                                             % OF AGGREGATE PRINCIPAL 
                                                                    PRINCIPAL BALANCE        BALANCE OUTSTANDING AS OF
                                                 NUMBER OF        OUTSTANDING AS OF THE      THE APPLICABLE CUT-OFF   
                 LOCATION                     MORTGAGE LOANS      APPLICABLE CUT-OFF DATE              DATE           
-------------------------------------------  -----------------    -----------------------    -------------------------
                                                                                                                      
New York ....................                      649              $   130,961,746.57               16.09%           
Massachusetts ...............                      518                   96,334,487.35               11.84            
California ..................                      430                   80,991,611.05                9.95            
Florida .....................                      468                   55,816,446.74                6.86            
New Jersey ..................                      300                   48,054,195.77                5.91            
Illinois ....................                      227                   33,986,552.33                4.18            
Michigan ....................                      250                   28,464,225.88                3.50            
Colorado ....................                      166                   26,767,178.83                3.29            
Virginia ....................                      155                   23,456,767.74                2.88            
Connecticut .................                      148                   22,869,442.23                2.81            
Ohio ........................                      189                   21,220,974.37                2.61            
Texas .......................                      163                   19,664,582.17                2.42            
Pennsylvania ................                      160                   19,522,543.00                2.40            
Rhode Island ................                      139                   19,028,965.58                2.34            
North Carolina ..............                      175                   18,615,996.21                2.29            
Washington ..................                      108                   17,533,958.30                2.15            
Arizona .....................                      125                   15,776,539.93                1.94            
Maryland ....................                       84                   13,393,812.68                1.65            
Minnesota ...................                       94                   12,904,114.12                1.59            
New Hampshire ...............                       69                   11,178,447.20                1.37            
Indiana .....................                       86                    8,611,655.06                1.06            
Missouri ....................                       83                    8,436,567.59                1.04            
Maine .......................                       59                    7,971,453.56                0.98            
Nevada ......................                       51                    7,952,759.80                0.98            
Wisconsin ...................                       78                    7,549,345.88                0.93            
Oregon ......................                       43                    7,182,468.05                0.88            
Tennessee ...................                       64                    6,709,344.81                0.82            
South Carolina ..............                       57                    6,402,261.52                0.79            
Vermont .....................                       30                    4,270,623.42                0.52            
Louisiana ...................                       34                    3,696,047.59                0.45            
Delaware ....................                       23                    3,048,455.23                0.37            
Alabama .....................                       23                    2,928,652.27                0.36            
Kansas ......................                       28                    2,891,094.48                0.36            
Kentucky ....................                       30                    2,765,846.07                0.34            
Utah ........................                       19                    2,699,117.62                0.33            
Alaska ......................                        9                    2,050,760.25                0.25            
Idaho .......................                       20                    1,917,964.71                0.24            
Iowa ........................                       19                    1,881,235.99                0.23            
New Mexico ..................                       13                    1,607,187.04                0.20            
Wyoming .....................                       12                    1,321,419.68                0.16            
Georgia .....................                        7                      997,259.66                0.12            
Hawaii ......................                        4                      736,583.79                0.09            
Arkansas ....................                        7                      736,407.76                0.09            
Montana .....................                        3                      644,578.52                0.08            
Nebraska ....................                        7                      626,706.66                0.08            
Mississippi .................                        9                      623,627.23                0.08            
Oklahoma ....................                        5                      426,495.75                0.05            
North Dakota ................                        3                      297,883.22                0.04            
West Virginia ...............                        2                      162,501.14                0.02            
South Dakota ................                        1                       78,210.00                0.01            
                                                 -----              ------------------              ------            
  Total: ....................                    5,446              $   813,767,102.40              100.00%           
                                                 =====              ==================              ======            
___________________                                                                                                   

(1)  The greatest ZIP Code geographic concentration of Group I Mortgage Loans   
was approximately 0.36% in the 11234 ZIP Code.                        

EX-99.1 8th Page of 21 TOC 1st Previous Next ↓Bottom Just 8th
                                                        [Enlarge/Download Table]


              DOCUMENTATION LEVELS OF THE GROUP I MORTGAGE LOANS(1)                                                 

                                                                                           % OF AGGREGATE PRINCIPAL 
                                                                    PRINCIPAL BALANCE      BALANCE OUTSTANDING AS OF
                                                 NUMBER OF        OUTSTANDING AS OF THE    THE APPLICABLE CUT-OFF   
         DOCUMENTATION LEVEL                 MORTGAGE LOANS      APPLICABLE CUT-OFF DATE            DATE            
-------------------------------------------  -----------------    -----------------------  -------------------------
                                                                                                                    
Full Documentation ................            3,688                  $   525,417,840.62           64.57%           
Stated Income Documentation .......            1,673                      274,938,517.15           33.79            
Lite Documentation ................               45                        8,261,305.83            1.02            
No Documentation ..................               40                        5,149,438.80            0.63            
                                               -----                  ------------------          ------            
  Total: ..........................            5,446                  $   813,767,102.40          100.00%           
                                               =====                  ==================          ======            
____________________                                                                                                

(1) For a description of each Documentation Level, see "Option One Mortgage     
Corporation--Underwriting Sherein.                                              

                                                        [Enlarge/Download Table]


             CURRENT MORTGAGE RATES OF THE GROUP I MORTGAGE LOANS(1)                                                

                                                                                           % OF AGGREGATE PRINCIPAL 
                                                                    PRINCIPAL BALANCE      BALANCE OUTSTANDING AS OF
                                                 NUMBER OF        OUTSTANDING AS OF THE    THE APPLICABLE CUT-OFF   
      CURRENT MORTGAGE RATE (%)               MORTGAGE LOANS      APPLICABLE CUT-OFF DATE            DATE           
-------------------------------------------  -----------------    -----------------------  -------------------------
                                                                                                                    
5.200  -  6.000 ...................                   171              $    31,594,725.39         3.88%             
6.001  -  7.000 ...................                 1,250                  210,016,502.66        25.81              
7.001  -  8.000 ...................                 1,826                  284,101,221.72        34.91              
8.001  -  9.000 ...................                 1,401                  195,009,355.94        23.96              
9.001  - 10.000 ...................                   584                   70,537,299.95         8.67              
10.001 - 11.000 ...................                   171                   18,437,645.04         2.27              
11.001 - 12.000 ...................                    35                    3,296,696.16         0.41              
12.001 - 12.750 ...................                     8                      773,655.54         0.10              
                                                    -----              ------------------       ------              
         Total: ...................                 5,446              $   813,767,102.40       100.00%             
                                                    =====              ==================       ======              
__________________                                                                                                  

(1)  The weighted average current Mortgage Rate of the Group I Mortgage Loans as
of the Cut-off Date was approximately 7.745% per annum.               

                                                        [Enlarge/Download Table]


                          GROSS MARGINS OF THE ADJUSTABLE-RATE GROUP I MORTGAGE LOANS(1)                            

                                                                                           % OF AGGREGATE PRINCIPAL 
                                                                    PRINCIPAL BALANCE      BALANCE OUTSTANDING AS OF
                                                 NUMBER OF        OUTSTANDING AS OF THE    THE APPLICABLE CUT-OFF   
            GROSS MARGIN (%)                  MORTGAGE LOANS      APPLICABLE CUT-OFF DATE            DATE           
-------------------------------------------  -----------------    -----------------------  -------------------------
                                                                                                                    
2.600 - 3.000 ....................                      21           $     3,824,751.59              0.67%          
3.001 - 4.000 ....................                     382                65,482,060.34             11.49           
4.001 - 5.000 ....................                   1,194               192,310,715.93             33.74           
5.001 - 6.000 ....................                   1,232               182,350,857.49             32.00           
6.001 - 7.000 ....................                     737                99,395,539.32             17.44           
7.001 - 8.000 ....................                     201                24,002,172.52              4.21           
8.001 - 8.440 ....................                      23                 2,548,468.01              0.45           
                                                     -----           ------------------            ------           
        Total:                                       3,790           $   569,914,565.20            100.00%          
                                                     =====           ==================            ======           
__________________                                                                                                  

(1)  The weighted average Gross Margin of the Adjustable-Rate Group I Mortgage  
Loans as of the Cut-off Date was approximately 5.222% per annum.      

EX-99.1 9th Page of 21 TOC 1st Previous Next ↓Bottom Just 9th
                                                        [Enlarge/Download Table]


                      NEXT ADJUSTMENT DATE FOR THE ADJUSTABLE-RATE GROUP I MORTGAGE LOANS(1)                          

                                                                                             % OF AGGREGATE PRINCIPAL 
                                                                    PRINCIPAL BALANCE        BALANCE OUTSTANDING AS OF
                                                 NUMBER OF        OUTSTANDING AS OF THE      THE APPLICABLE CUT-OFF   
         NEXT ADJUSTMENT DATE                MORTGAGE LOANS      APPLICABLE CUT-OFF DATE              DATE            
-------------------------------------------  -----------------    -----------------------    -------------------------
                                                                                                                      
9/1/2003 .................                            1              $       115,804.89                0.02%          
11/1/2003 ................                            1                      195,000.00                0.03           
4/1/2004 .................                            3                      738,551.73                0.13           
7/1/2004 .................                            1                       89,690.52                0.02           
9/1/2004 .................                            7                      895,110.03                0.16           
10/1/2004 ................                            6                      924,398.35                0.16           
11/1/2004 ................                           61                    8,010,761.60                1.41           
12/1/2004 ................                           89                   12,594,213.20                2.21           
1/1/2005 .................                          112                   16,976,119.43                2.98           
2/1/2005 .................                           83                   15,685,322.46                2.75           
3/1/2005 .................                        1,304                  205,146,962.80               36.00           
4/1/2005 .................                        1,154                  174,932,505.84               30.69           
5/1/2005 .................                          480                   73,284,969.90               12.86           
8/1/2005 .................                            1                      116,608.93                0.02           
10/1/2005 ................                            1                      152,415.34                0.03           
11/1/2005 ................                            6                      782,251.90                0.14           
12/1/2005 ................                            9                    1,103,899.71                0.19           
1/1/2006 .................                            7                      887,423.90                0.16           
2/1/2006 .................                           11                    2,057,147.89                0.36           
3/1/2006 .................                          173                   22,272,804.66                3.91           
4/1/2006 .................                          144                   17,440,250.00                3.06           
5/1/2006 .................                           45                    5,812,355.00                1.02           
11/1/2017 ................                            1                       84,843.96                0.01           
12/1/2017 ................                            1                       63,526.67                0.01           
3/1/2018 .................                           26                    2,719,016.49                0.48           
4/1/2018 .................                           47                    5,274,310.00                0.93           
5/1/2018 .................                           16                    1,558,300.00                0.27           
                                                  -----              ------------------              ------           
  Total: .................                        3,790              $   569,914,565.20              100.00%          
                                                  =====              ==================              ======           
__________________                                                                                                    

(1)  The weighted average time until the next Adjustment for the Adjustable-Rate
     Group I Mortgage Loans as of the Cut-off Date is approximately 26.9 months.

EX-99.1 10th Page of 21 TOC 1st Previous Next ↓Bottom Just 10th
                                                        [Enlarge/Download Table]


                      MAXIMUM MORTGAGE RATES OF THE ADJUSTABLE-RATE GROUP I MORTGAGE LOANS(1)                         

                                                                                             % OF AGGREGATE PRINCIPAL 
                                                                    PRINCIPAL BALANCE        BALANCE OUTSTANDING AS OF
                                                 NUMBER OF        OUTSTANDING AS OF THE      THE APPLICABLE CUT-OFF   
      MAXIMUM MORTGAGE RATE (%)              MORTGAGE LOANS      APPLICABLE CUT-OFF DATE              DATE            
-------------------------------------------  -----------------    -----------------------    -------------------------
                                                                                                                      
11.200 - 12.000 ...................                108              $    19,541,224.52                3.43%           
12.001 - 13.000 ...................                661                  116,112,620.75               20.37            
13.001 - 14.000 ...................              1,253                  198,910,625.53               34.9             
14.001 - 15.000 ...................              1,108                  156,614,997.24               27.48            
15.001 - 16.000 ...................                496                   60,659,507.96               10.64            
16.001 - 17.000 ...................                136                   15,349,681.48                2.69            
17.001 - 18.000 ...................                 24                    2,381,695.32                0.42            
18.001 - 18.750 ...................                  4                      344,212.40                0.06            
                                                 -----              ------------------              ------            
         Total: ...................              3,790              $   569,914,565.20              100.00%           
                                                 =====              ==================              ======            
____________________                                                                                                  

(1)  The weighted average Maximum Mortgage Rate of the Adjustable-Rate Group I  
    Mortgage Loans as of the Cut-off Date was approximately 13.897% per annum.

                                                        [Enlarge/Download Table]


                      MINIMUM MORTGAGE RATES OF THE ADJUSTABLE-RATE GROUP I MORTGAGE LOANS(1)                         

                                                                                             % OF AGGREGATE PRINCIPAL 
                                                                    PRINCIPAL BALANCE        BALANCE OUTSTANDING AS OF
                                                 NUMBER OF        OUTSTANDING AS OF THE      THE APPLICABLE CUT-OFF   
      MINIMUM MORTGAGE RATE (%)              MORTGAGE LOANS      APPLICABLE CUT-OFF DATE              DATE            
-------------------------------------------  -----------------    -----------------------    -------------------------
                                                                                                                      
 4.380 - 5.000 ....................                  5              $     1,059,840.89                0.19%           
 5.001 - 6.000 ....................                118                   21,628,387.75                3.80            
 6.001 - 7.000 ....................                667                  117,018,785.09               20.53            
 7.001 - 8.000 ....................              1,258                  199,447,262.55               35.00            
 8.001 - 9.000 ....................              1,108                  155,847,968.76               27.35            
 9.001 - 10.000 ...................                480                   58,145,286.39               10.20            
10.001 - 11.000 ...................                127                   14,206,169.49                2.49            
11.001 - 12.000 ...................                 23                    2,216,651.88                0.39            
12.001 - 12.750 ...................                  4                      344,212.40                0.06            
                                                 -----              ------------------              ------            
         Total: ...................              3,790              $   569,914,565.20              100.00%           
                                                 =====              ==================              ======            
__________________                                                                                                    

(1)  The weighted average Minimum Mortgage Rate of the Adjustable-Rate Group I  
   Mortgage Loans as of the Cut-off Date was approximately 7.866% per annum.

EX-99.1 11th Page of 21 TOC 1st Previous Next ↓Bottom Just 11th
                                                        [Enlarge/Download Table]


                    INITIAL PERIODIC RATE CAPS OF THE ADJUSTABLE-RATE GROUP I MORTGAGE LOANS(1)                       

                                                                                             % OF AGGREGATE PRINCIPAL 
                                                                    PRINCIPAL BALANCE        BALANCE OUTSTANDING AS OF
                                                 NUMBER OF        OUTSTANDING AS OF THE      THE APPLICABLE CUT-OFF   
     INITIAL PERIODIC RATE CAP (%)            MORTGAGE LOANS      APPLICABLE CUT-OFF DATE              DATE           
-------------------------------------------  -----------------    -----------------------    -------------------------
                                                                                                                      
1.000 ....................                            1              $       195,000.00                0.03%          
2.000 ....................                            1                      214,814.88                0.04           
3.000 ....................                        3,779                  568,013,001.20               99.67           
4.000 ....................                            6                    1,017,272.60                0.18           
5.000 ....................                            3                      474,476.52                0.08           
                                                  -----              ------------------              ------           
  Total: .................                        3,790              $   569,914,565.20              100.00%          
                                                  =====              ==================              ======           
__________________                                                                                                    

(1) Relates solely to initial rate adjustments.                                 

                                                        [Enlarge/Download Table]


                  SUBSEQUENT PERIODIC RATE CAPS OF THE ADJUSTABLE-RATE GROUP I MORTGAGE LOANS(1)                      

                                                                                             % OF AGGREGATE PRINCIPAL 
                                                                    PRINCIPAL BALANCE        BALANCE OUTSTANDING AS OF
                                                 NUMBER OF        OUTSTANDING AS OF THE      THE APPLICABLE CUT-OFF   
            PERIODIC RATE CAP (%)             MORTGAGE LOANS      APPLICABLE CUT-OFF DATE              DATE           
-------------------------------------------  -----------------    -----------------------    -------------------------
                                                                                                                      
1.000 ....................                           3,769             $   566,375,650.60          99.38%             
1.500 ....................                              18                   2,964,412.70           0.52              
2.000 ....................                               1                     160,000.00           0.03              
3.000 ....................                               2                     414,501.90           0.07              
                                                     -----             ------------------         ------              
  Total: .................                           3,790             $   569,914,565.20         100.00%             
                                                     =====             ==================         ======              
__________________                                                                                                    

(1) Relates to all rate adjustments subsequent to initial rate adjustments.     

EX-99.1 12th Page of 21 TOC 1st Previous Next ↓Bottom Just 12th
GROUP II MORTGAGE LOANS STATISTICS                                              

       The following statistical information, unless otherwise specified, is
based upon percentages of the Principal Balances of the Group II Mortgage Loans 
as of the Cut-off Date.                                                         

       Approximately 31.05% of the Group II Mortgage Loans had loan-to-value
ratios at origination in excess of 80%. Approximately 1.20% of the Group II     
Mortgage Loans had a loan-to-value ratio at origination in excess of 95% and the
weighted average loan-to-value ratio of the Group II Mortgage Loans at          
origination was approximately 78.03%. There can be no assurance that the        
loan-to-value ratio of any Mortgage Loan determined at any time after           
origination is less than or equal to its original loan-to-value ratio.          
Additionally, the Originator's determination of the value of a Mortgaged        
Property used in the calculation of the loan-to-value ratios of the Mortgage    
Loans may differ from the appraised value of such Mortgaged Property or the     
actual value of such Mortgaged Property. The loan-to-value ratio of any Group II
Mortgage Loan that is a second lien Mortgage Loan is calculated based on the    
aggregate principal balance of such second lien Mortgage Loan and any senior    
lien mortgage loan.                                                             

     Except with respect to approximately 0.01% of the Group II Mortgage
Loans, all of the Group II Mortgage Loans have a Due Date of the first day of   
the month.                                                                      

 The weighted average remaining term to maturity of the Group II
Mortgage Loans is approximately 353 months as of the Cut-off Date. None of the  
Group II Mortgage Loans had a first Due Date prior to March 1, 2002 or after    
June 1, 2003 or will have a remaining term to maturity of less than 120 months  
or greater than 360 months as of the Cut-off Date. The latest maturity date of  
any Group II Mortgage Loan is May 1, 2033.                                      

 The average Principal Balance of the Group II Mortgage Loans at
origination was approximately $179,146.11. The average Principal Balance of the 
Group II Mortgage Loans as of the Cut-off Date was approximately $179,033.61. No
Group II Mortgage Loan had a Principal Balance as of the Cut-off Date of less   
than approximately $42,790.21 or greater than approximately $972,000.00.        

       The Group II Mortgage Loans had Mortgage Rates as of the Cut-off Date
of not less than 5.400% per annum and not more than 13.500% per annum and the   
weighted average Mortgage Rate was approximately 7.763% per annum. As of the    
Cut-off Date, the Adjustable-Rate Group II Mortgage Loans had Gross Margins     
ranging from 1.350% to 12.650%, Minimum Mortgage Rates ranging from 4.500% per  
annum to 12.750% per annum and Maximum Mortgage Rates ranging from 11.400% per  
annum to 19.150% per annum. As of the Cut-off Date, the Adjustable-Rate Group II
Mortgage Loans had a weighted average Gross Margin of approximately 5.068% per  
annum, a weighted average MMortgage Rate of approximately 7.820% per annum and a
weighted average Maximum Mortgage Rate of approximately 13.854% per annum. The  
latest next Adjustment Date following the Cut-off Date on any Adjustable-Rate   
Group II Mortgage Loan occurs in May 1, 2018, and the weighted average next     
Adjustment Date for the Adjustable-Rate Group II Mortgage Loans following the   
applicable Cut-off Date is 26.2 months.                                         

The Group II Mortgage Loans are expected to have the following
characteristics as of the Cut-off Date (sum in any column may not equal the     
total indicated due to rounding):                                               

EX-99.1 13th Page of 21 TOC 1st Previous Next ↓Bottom Just 13th
                                                        [Enlarge/Download Table]

                         CUT-OFF DATE PRINCIPAL BALANCES OF THE GROUP II MORTGAGE LOANS(1)                            

                                                                                             % OF AGGREGATE PRINCIPAL 
                                                                    PRINCIPAL BALANCE        BALANCE OUTSTANDING AS OF
                                                 NUMBER OF        OUTSTANDING AS OF THE      THE APPLICABLE CUT-OFF   
         PRINCIPAL BALANCE ($)                MORTGAGE LOANS      APPLICABLE CUT-OFF DATE              DATE           
-------------------------------------------  -----------------    -----------------------    -------------------------
                                                                                                                      
 42,790 -  50,000 ..................                  59         $     2,939,722.21           0.61%                   
 50,001 - 100,000 ..................                 899              64,927,721.09          13.36                    
100,001 - 150,000 ..................                 575              71,734,886.99          14.76                    
150,001 - 200,000 ..................                 340              59,015,281.87          12.15                    
200,001 - 250,000 ..................                 220              49,231,307.88          10.13                    
250,001 - 300,000 ..................                 125              34,308,943.61           7.06                    
300,001 - 350,000 ..................                 134              44,255,256.94           9.11                    
350,001 - 400,000 ..................                 168              63,168,171.04          13.00                    
400,001 - 450,000 ..................                  76              32,277,911.83           6.64                    
450,001 - 500,000 ..................                  74              35,691,022.05           7.35                    
500,001 - 550,000 ..................                  16               8,474,714.73           1.74                    
550,001 - 600,000 ..................                   5               2,827,044.54           0.58                    
600,001 - 650,000 ..................                   7               4,456,782.03           0.92                    
650,001 - 700,000 ..................                   3               2,042,770.27           0.42                    
700,001 - 750,000 ..................                   6               4,365,245.70           0.90                    
750,001 - 800,000 ..................                   2               1,552,000.00           0.32                    
800,001 - 850,000 ..................                   1                 845,000.00           0.17                    
900,001 - 950,000 ..................                   3               2,811,446.79           0.58                    
950,001 - 972,000 ..................                   1                 972,000.00           0.20                    
                                                   -----         ------------------         ------                    
          Total: ...................               2,714         $   485,897,229.57         100.00%                   
                                                   =====         ==================         ======                    
___________________                                                                                                   

(1)  The average Cut-off Date Principal Balance of the Group II Mortgage Loans  
was approximately $179,033.61.                                        

EX-99.1 14th Page of 21 TOC 1st Previous Next ↓Bottom Just 14th
                                                        [Enlarge/Download Table]

                CREDIT SCORES FOR THE GROUP II MORTGAGE LOANS(1)                                                    

                                                                                           % OF AGGREGATE PRINCIPAL 
                                                                    PRINCIPAL BALANCE      BALANCE OUTSTANDING AS OF
                                                 NUMBER OF        OUTSTANDING AS OF THE    THE APPLICABLE CUT-OFF   
             CREDIT SCORE                     MORTGAGE LOANS      APPLICABLE CUT-OFF DATE            DATE           
-------------------------------------------  -----------------    -----------------------  -------------------------
                                                                                                                    
0 .............................                      188               $    22,001,444.51           4.53%           
500 ...........................                       20                     2,447,948.42           0.50            
501 - 550......................                      783                   132,507,884.92          27.27            
551 - 600......................                      618                   107,416,334.25          22.11            
601 - 650......................                      603                   116,787,636.78          24.04            
651 - 700......................                      334                    72,145,652.20          14.85            
701 - 750......................                      121                    22,109,621.23           4.55            
751 - 800......................                       44                    10,158,724.24           2.09            
801 - 805......................                        3                       321,983.02           0.07            
                                                   -----               ------------------         ------            
      Total:                                       2,714               $   485,897,229.57         100.00%           
                                                   =====               ==================         ======            
______________________                                                                                              

(1)  The weighted average Credit Score of the Group II Mortgage Loans that had  
Credit Scores was approximately 600.                                  

                                                        [Enlarge/Download Table]


                  CREDIT GRADE FOR THE GROUP II MORTGAGE LOANS                                                    

                                                                                         % OF AGGREGATE PRINCIPAL 
                                                                  PRINCIPAL BALANCE      BALANCE OUTSTANDING AS OF
                                                 NUMBER OF      OUTSTANDING AS OF THE    THE APPLICABLE CUT-OFF   
             CREDIT GRADE                     MORTGAGE LOANS    APPLICABLE CUT-OFF DATE            DATE           
-------------------------------------------  -----------------  -----------------------  -------------------------
                                                                                                                  
AA+ ......................                               233       $    47,131,118.01              9.70%          
AA .......................                             1,263           243,171,432.79             50.05           
A ........................                               677           119,418,637.37             24.58           
B ........................                               391            57,930,978.52             11.92           
C ........................                                78            10,315,386.64              2.12           
CC .......................                                72             7,929,676.24              1.63           
                                                       -----       ------------------            ------           
  Total: .................                             2,714       $   485,897,229.57            100.00%          
                                                       =====       ==================            ======           


                                                        [Enlarge/Download Table]


                           ORIGINAL TERMS TO MATURITY OF THE GROUP II MORTGAGE LOANS(1)                             

                                                                                           % OF AGGREGATE PRINCIPAL 
                                                                    PRINCIPAL BALANCE      BALANCE OUTSTANDING AS OF
                                                 NUMBER OF        OUTSTANDING AS OF THE    THE APPLICABLE CUT-OFF   
        ORIGINAL TERM (MONTHS)                MORTGAGE LOANS      APPLICABLE CUT-OFF DATE            DATE           
-------------------------------------------  -----------------    -----------------------  -------------------------
                                                                                                                    
120 ......................                               2            $       113,500.00            0.02%           
180 ......................                             101                 11,473,462.54            2.36            
240 ......................                              99                  7,996,459.38            1.65            
360 ......................                           2,512                466,313,807.65           95.97            
                                                     -----            ------------------          ------            
  Total: .................                           2,714            $   485,897,229.57          100.00%           
                                                     =====            ==================          ======            
____________________                                                                                                

(1)  The weighted average original term to maturity of the Group II Mortgage    
Loans was approximately 354 months.                                   

EX-99.1 15th Page of 21 TOC 1st Previous Next ↓Bottom Just 15th
                                                        [Enlarge/Download Table]


                           REMAINING TERMS TO MATURITY OF THE GROUP II MORTGAGE LOANS(1)                            

                                                                                           % OF AGGREGATE PRINCIPAL 
                                                                    PRINCIPAL BALANCE      BALANCE OUTSTANDING AS OF
                                                 NUMBER OF        OUTSTANDING AS OF THE    THE APPLICABLE CUT-OFF   
       REMAINING TERM (MONTHS)                MORTGAGE LOANS      APPLICABLE CUT-OFF DATE            DATE           
-------------------------------------------  -----------------    -----------------------  -------------------------
                                                                                                                    
120 ...........................                          2            $       113,500.00           0.02%            
171  - 175.....................                          3                    193,094.07           0.04             
176  - 180.....................                         98                 11,280,368.47           2.32             
231  - 235.....................                          2                    108,372.19           0.02             
236  - 240.....................                         97                  7,888,087.19           1.62             
346  - 350.....................                          3                    316,096.61           0.07             
351  - 355.....................                         49                  6,110,319.20           1.26             
356  - 360.....................                      2,460                459,887,391.84          94.65             
                                                     -----            ------------------         ------             
       Total:                                        2,714            $   485,897,229.57         100.00%            
                                                     =====            ==================         ======             


(1)  The weighted average remaining term to maturity of the Group II Mortgage   
Loans was approximately 353 months.                                   

                                                        [Enlarge/Download Table]


                  PROPERTY TYPES OF THE GROUP II MORTGAGE LOANS                                                    

                                                                                          % OF AGGREGATE PRINCIPAL 
                                                                   PRINCIPAL BALANCE      BALANCE OUTSTANDING AS OF
                                                 NUMBER OF       OUTSTANDING AS OF THE    THE APPLICABLE CUT-OFF   
                PROPERTY TYPE                 MORTGAGE LOANS     APPLICABLE CUT-OFF DATE            DATE           
-------------------------------------------  -----------------   -----------------------  -------------------------
                                                                                                                   
Single Family Detached ...............             2,134            $   379,836,220.93            78.17%           
PUD Detached .........................               231                 47,652,966.62             9.81            
2-4 Units Detached ...................               144                 26,498,238.09             5.45            
Condo Low-Rise Attached ..............               100                 17,945,703.88             3.69            
Single Family Attached ...............                24                  3,789,245.99             0.78            
Manufactured Housing Detached ........                43                  3,426,812.95             0.71            
PUD Attached .........................                17                  2,997,520.47             0.62            
2-4 Units Attached ...................                13                  2,440,843.17             0.50            
High-Rise Condo- Attached ............                 8                  1,309,677.47             0.27            
                                                   -----            ------------------           ------            
  Total: .............................             2,714            $   485,897,229.57           100.00%           
                                                   =====            ==================           ======            
____________________                                                                                               

(1) PUD refers to a home or "unit" in a Planned Unit Development.               

                                                        [Enlarge/Download Table]


               OCCUPANCY STATUS OF THE GROUP II MORTGAGE LOANS(1)                                                   

                                                                                           % OF AGGREGATE PRINCIPAL 
                                                                    PRINCIPAL BALANCE      BALANCE OUTSTANDING AS OF
                                                 NUMBER OF        OUTSTANDING AS OF THE    THE APPLICABLE CUT-OFF   
           OCCUPANCY STATUS                   MORTGAGE LOANS      APPLICABLE CUT-OFF DATE            DATE           
-------------------------------------------  -----------------    -----------------------  -------------------------
                                                                                                                    
Primary ..................                           2,520         $   457,765,926.92              94.21%           
Non-owner ................                             160              19,122,958.89               3.94            
Second Home ..............                              34               9,008,343.76               1.85            
                                                     -----         ------------------             ------            
  Total: .................                           2,714         $   485,897,229.57             100.00%           
                                                     =====         ==================             ======            


(1) Occupancy as represented by the mortgagor at the time of origination.       

EX-99.1 16th Page of 21 TOC 1st Previous Next ↓Bottom Just 16th
                                                        [Enlarge/Download Table]


                     PURPOSE OF THE GROUP II MORTGAGE LOANS                                                       

                                                                                         % OF AGGREGATE PRINCIPAL 
                                                                  PRINCIPAL BALANCE      BALANCE OUTSTANDING AS OF
                                                 NUMBER OF      OUTSTANDING AS OF THE    THE APPLICABLE CUT-OFF   
                  PURPOSE                     MORTGAGE LOANS    APPLICABLE CUT-OFF DATE            DATE           
-------------------------------------------  -----------------  -----------------------  -------------------------
                                                                                                                  
Cash Out Refinance........................         1,990           $354,553,497.51            72.97%              
Purchase..................................           510             90,333,141.95            18.59               
Rate/Term Refinance.......................           214             41,010,590.11             8.44               
                                                   -----           ---------------           ------               
  Total:                                           2,714           $485,897,229.57           100.00%              
                                                   =====           ===============           ======               

                                                        [Enlarge/Download Table]


                       ORIGINAL LOAN-TO-VALUE RATIOS OF THE GROUP II MORTGAGE LOANS(1)(2)(3)                          

                                                                                             % OF AGGREGATE PRINCIPAL 
                                                                    PRINCIPAL BALANCE        BALANCE OUTSTANDING AS OF
                                                 NUMBER OF        OUTSTANDING AS OF THE      THE APPLICABLE CUT-OFF   
   ORIGINAL LOAN-TO-VALUE RATIO (%)           MORTGAGE LOANS      APPLICABLE CUT-OFF DATE              DATE           
-------------------------------------------  -----------------    -----------------------    -------------------------
                                                                                                                      
16.30 - 20.00 ....................                  5                 $       447,254.92           0.09%              
20.01 - 25.00 ....................                  5                         371,280.50           0.08               
25.01 - 30.00 ....................                  3                         222,790.21           0.05               
30.01 - 35.00 ....................                 12                       1,379,139.41           0.28               
35.01 - 40.00 ....................                 20                       3,376,463.75           0.69               
40.01 - 45.00 ....................                 30                       2,801,716.03           0.58               
45.01 - 50.00 ....................                 32                       4,899,287.27           1.01               
50.01 - 55.00 ....................                 48                       7,651,201.84           1.57               
55.01 - 60.00 ....................                 86                      13,348,315.36           2.75               
60.01 - 65.00 ....................                200                      32,146,282.26           6.62               
65.01 - 70.00 ....................                230                      43,560,913.78           8.97               
70.01 - 75.00 ....................                338                      60,244,191.72          12.40               
75.01 - 80.00 ....................                932                     164,573,782.68          33.87               
80.01 - 85.00 ....................                187                      36,468,056.42           7.51               
85.01 - 90.00 ....................                340                      71,790,675.14          14.77               
90.01 - 95.00 ....................                196                      36,803,711.61           7.57               
95.01 - 100.00 ...................                 50                       5,812,166.67           1.20               
                                                -----                 ------------------         ------               
        Total: ...................              2,714                 $   485,897,229.57         100.00%              
                                                =====                 ==================         ======               
__________________                                                                                                    

(1)  The weighted average original loan-to-value ratio of the Group II Mortgage 
Loans as of the Cut-off Date wapproximatel 78.03%.                    
(2)  For a description of the determination of loan-to-value ratio by the Master
Servicer see "Option One Mortgage Corporation--Underwriting Standards"
herein.                                                               
(3)  References to loan-to-value ratios are references to combined loan-to-value
ratios with respect to second lien Mortgage Loans.                    

EX-99.1 17th Page of 21 TOC 1st Previous Next ↓Bottom Just 17th
                                                        [Enlarge/Download Table]


           GEOGRAPHIC DISTRIBUTION OF THE MORTGAGED PROPERTIES RELATED TO THE GROUP II MORTGAGE LOANS(1)              

                                                                                             % OF AGGREGATE PRINCIPAL 
                                                                    PRINCIPAL BALANCE        BALANCE OUTSTANDING AS OF
                                                 NUMBER OF        OUTSTANDING AS OF THE      THE APPLICABLE CUT-OFF   
                  LOCATION                    MORTGAGE LOANS      APPLICABLE CUT-OFF DATE              DATE           
-------------------------------------------  -----------------    -----------------------    -------------------------
                                                                                                                      
California ..................                         772             $   179,416,992.69         36.92%               
Texas .......................                         382                  48,372,800.10          9.96                
New York ....................                         180                  45,658,853.86          9.40                
Florida .....................                         198                  25,875,068.94          5.33                
Massachusetts ...............                          89                  23,760,677.42          4.89                
New Jersey ..................                          90                  20,593,175.34          4.24                
Illinois ....................                         123                  19,332,995.35          3.98                
Virginia ....................                          80                  15,582,303.66          3.21                
Colorado ....................                          45                  10,389,393.70          2.14                
Michigan ....................                          85                   9,663,768.85          1.99                
Ohio ........................                          87                   8,472,217.63          1.74                
Georgia .....................                          56                   7,796,075.49          1.60                
Pennsylvania ................                          70                   7,741,064.58          1.59                
Connecticut .................                          32                   6,507,067.77          1.34                
Washington ..................                          27                   6,096,198.77          1.25                
Maryland ....................                          23                   5,047,197.67          1.04                
North Carolina ..............                          29                   4,695,317.89          0.97                
Arizona .....................                          26                   3,793,071.63          0.78                
Indiana .....................                          36                   3,648,723.35          0.75                
Louisiana ...................                          16                   3,233,414.74          0.67                
New Hampshire ...............                          18                   3,096,365.54          0.64                
Rhode Island ................                          17                   2,612,171.03          0.54                
Maine .......................                          20                   2,467,382.70          0.51                
Nevada ......................                          16                   2,418,359.27          0.50                
Oregon ......................                          14                   2,201,782.08          0.45                
Missouri ....................                          17                   2,067,789.65          0.43                
Kentucky ....................                          23                   2,056,119.41          0.42                
Tennessee ...................                          26                   1,993,417.06          0.41                
Alabama .....................                          23                   1,641,908.04          0.34                
Wisconsin ...................                          13                   1,594,845.32          0.33                
South Carolina ..............                          16                   1,554,105.28          0.32                
Minnesota ...................                          11                   1,217,018.61          0.25                
Kansas ......................                           8                   1,012,717.23          0.21                
Idaho .......................                           4                     779,399.71          0.16                
Mississippi .................                          10                     665,993.10          0.14                
Nebraska ....................                           6                     523,659.47          0.11                
Utah ........................                           2                     437,500.00          0.09                
Arkansas ....................                           3                     339,300.49          0.07                
New Mexico ..................                           3                     251,000.00          0.05                
Delaware ....................                           3                     236,627.48          0.05                
Vermont .....................                           3                     204,214.92          0.04                
Iowa ........................                           3                     188,105.59          0.04                
Alaska ......................                           2                     186,800.00          0.04                
Oklahoma ....................                           3                     181,966.88          0.04                
Wyoming .....................                           2                     140,951.28          0.03                
Montana .....................                           1                      82,350.00          0.02                
West Virginia ...............                           1                      69,000.00          0.01                
                                                    -----             ------------------        ------                
  Total: ....................                       2,714             $   485,897,229.57        100.00%               
                                                    =====             ==================        ======                
___________________                                                                                                   

(1)  The greatest ZIP Code geographic concentration of Group II Mortgage Loans  
was approximately 0.43% in the 94591 ZIP Code.                        

EX-99.1 18th Page of 21 TOC 1st Previous Next ↓Bottom Just 18th
                                                        [Enlarge/Download Table]


             DOCUMENTATION LEVELS OF THE GROUP II MORTGAGE LOANS(1)                                                 

                                                                                           % OF AGGREGATE PRINCIPAL 
                                                                    PRINCIPAL BALANCE      BALANCE OUTSTANDING AS OF
                                                 NUMBER OF        OUTSTANDING AS OF THE    THE APPLICABLE CUT-OFF   
         DOCUMENTATION LEVEL                  MORTGAGE LOANS      APPLICABLE CUT-OFF DATE            DATE           
-------------------------------------------  -----------------    -----------------------  -------------------------
                                                                                                                    
Full Documentation ................                  1,844          $   315,541,699.08             64.94%           
Stated Income Documentation .......                    827              160,680,475.35             33.07            
Lite Documentation ................                     24                5,361,336.81              1.10            
No Documentation ..................                     19                4,313,718.33              0.89            
                                                     -----          ------------------            ------            
  Total: ..........................                  2,714          $   485,897,229.57            100.00%           
                                                     =====          ==================            ======            
____________________                                                                                                

(1) For a description of each Documentation Level, see "Option One Mortgage     
Corporation--Underwriting Sherein.                                              

                                                        [Enlarge/Download Table]


            CURRENT MORTGAGE RATES OF THE GROUP II MORTGAGE LOANS(1)                                                

                                                                                           % OF AGGREGATE PRINCIPAL 
                                                                    PRINCIPAL BALANCE      BALANCE OUTSTANDING AS OF
                                                 NUMBER OF        OUTSTANDING AS OF THE    THE APPLICABLE CUT-OFF   
        CURRENT MORTGAGE RATE (%)             MORTGAGE LOANS      APPLICABLE CUT-OFF DATE            DATE           
-------------------------------------------  -----------------    -----------------------  -------------------------
                                                                                                                    
5.400 -  6.000 ....................                  54               $    15,879,692.54         3.27%              
6.001 -  7.000 ....................                 545                   126,609,564.90        26.06               
7.001 -  8.000 ....................                 918                   180,187,447.24        37.08               
8.001 -  9.000 ....................                 687                   109,466,456.62        22.53               
9.001 -  10.000 ...................                 308                    36,599,362.63         7.53               
10.001 - 11.000 ...................                 130                    11,565,558.73         2.38               
11.001 - 12.000 ...................                  60                     4,619,790.31         0.95               
12.001 - 13.000 ...................                  11                       914,164.26         0.19               
13.001 - 13.500 ...................                   1                        55,192.34         0.01               
                                                  -----               ------------------       ------               
         Total: ...................               2,714               $   485,897,229.57       100.00%              
                                                  =====               ==================       ======               
__________________                                                                                                  

(1)  The weighted average current Mortgage Rate of the Group II Mortgage Loans  
as of the Cut-off Date was approximately 7.763% per annum.            

                                                        [Enlarge/Download Table]

                          GROSS MARGINS OF THE ADJUSTABLE-RATE GROUP II MORTGAGE LOANS(1)                           

                                                                                           % OF AGGREGATE PRINCIPAL 
                                                                    PRINCIPAL BALANCE      BALANCE OUTSTANDING AS OF
                                                 NUMBER OF        OUTSTANDING AS OF THE    THE APPLICABLE CUT-OFF   
              GROSS MARGIN (%)                MORTGAGE LOANS      APPLICABLE CUT-OFF DATE            DATE           
-------------------------------------------  -----------------    -----------------------  -------------------------
                                                                                                                    
 1.350 - 2.000 ....................                     1             $       249,776.18         0.08%              
 2.001 - 3.000 ....................                     7                   1,785,511.01         0.54               
 3.001 - 4.000 ....................                   171                  38,830,242.78        11.74               
 4.001 - 5.000 ....................                   650                 138,236,154.29        41.79               
 5.001 - 6.000 ....................                   587                  98,311,466.56        29.72               
 6.001 - 7.000 ....................                   263                  39,304,585.27        11.88               
 7.001 - 8.000 ....................                    82                  10,980,482.27         3.32               
 8.001 - 9.000 ....................                    26                   2,622,364.07         0.79               
 9.001 - 10.000 ...................                     4                     400,790.57         0.12               
12.001 - 12.650 ...................                     1                      59,751.60         0.02               
                                                    -----             ------------------       ------               
         Total: ...................                 1,792             $   330,781,124.60       100.00%              
                                                    =====             ==================       ======               
__________________                                                                                                  


(1)  The weighted average Gross Margin of the Adjustable-Rate Group II Mortgage 
Loans as of the Cut-off Date wapproximatel 5.068% per annum.          

EX-99.1 19th Page of 21 TOC 1st Previous Next ↓Bottom Just 19th
                                                        [Enlarge/Download Table]


                      NEXT ADJUSTMENT DATE FOR THE ADJUSTABLE-RATE GROUP II MORTGAGE LOANS(1)                         

                                                                                             % OF AGGREGATE PRINCIPAL 
                                                                    PRINCIPAL BALANCE        BALANCE OUTSTANDING AS OF
                                                 NUMBER OF        OUTSTANDING AS OF THE      THE APPLICABLE CUT-OFF   
         NEXT ADJUSTMENT DATE                 MORTGAGE LOANS      APPLICABLE CUT-OFF DATE              DATE           
-------------------------------------------  -----------------    -----------------------    -------------------------
                                                                                                                      
10/1/2003 ................                            2              $       475,017.00           0.14%               
11/1/2003 ................                            1                       50,000.00           0.02                
2/1/2004 .................                            1                       59,751.60           0.02                
6/1/2004 .................                            2                      256,345.01           0.08                
7/1/2004 .................                            1                      187,594.08           0.06                
9/1/2004 .................                            5                      852,793.83           0.26                
10/1/2004 ................                           15                    1,373,097.83           0.42                
11/1/2004 ................                           18                    1,790,938.13           0.54                
12/1/2004 ................                           15                    4,819,477.00           1.46                
1/1/2005 .................                           12                    3,934,325.26           1.19                
2/1/2005 .................                           52                   13,188,485.30           3.99                
3/1/2005 .................                          664                  128,464,845.37          38.84                
4/1/2005 .................                          511                  100,503,342.71          30.38                
5/1/2005 .................                          310                   49,700,290.50          15.03                
8/1/2005 .................                            1                      109,453.52           0.03                
11/1/2005 ................                            2                      354,624.00           0.11                
1/1/2006 .................                            4                    1,390,584.56           0.42                
2/1/2006 .................                            3                      931,049.86           0.28                
3/1/2006 .................                           62                    9,547,302.40           2.89                
4/1/2006 .................                           42                    4,057,472.62           1.23                
5/1/2006 .................                           30                    4,044,430.00           1.22                
9/1/2017 .................                            1                      121,133.32           0.04                
3/1/2018 .................                            8                      798,395.70           0.24                
4/1/2018 .................                           11                    1,859,150.00           0.56                
5/1/2018 .................                           19                    1,911,225.00           0.58                
                                                  -----              ------------------         ------                
Total: ...................                        1,792              $   330,781,124.60         100.00%               
                                                  =====              ==================         ======                
__________________                                                                                                    

(1)  The weighted average time until the next Adjustment for the Adjustable-Rate
Group II Mortgage Loans as of the Cut-off Date is approximately 26.2  
months.                                                               

EX-99.1 20th Page of 21 TOC 1st Previous Next ↓Bottom Just 20th
                                                        [Enlarge/Download Table]


                     MAXIMUM MORTGAGE RATES OF THE ADJUSTABLE-RATE GROUP II MORTGAGE LOANS(1)                         

                                                                                             % OF AGGREGATE PRINCIPAL 
                                                                    PRINCIPAL BALANCE        BALANCE OUTSTANDING AS OF
                                                 NUMBER OF        OUTSTANDING AS OF THE      THE APPLICABLE CUT-OFF   
MAXIMUM MORTGAGE RATE (%)                      MORTGAGE LOANS      APPLICABLE CUT-OFF DATE              DATE          
-------------------------------------------  -----------------    -----------------------    -------------------------
                                                                                                                      
11.400 - 12.000 ...................                  33               $     9,430,403.07           2.85%              
12.001 - 13.000 ...................                 304                    72,591,552.33          21.95               
13.001 - 14.000 ...................                 627                   124,192,230.55          37.55               
14.001 - 15.000 ...................                 522                    86,513,734.64          26.15               
15.001 - 16.000 ...................                 208                    28,103,352.70           8.50               
16.001 - 17.000 ...................                  70                     7,277,066.14           2.20               
17.001 - 18.000 ...................                  22                     2,089,680.01           0.63               
18.001 - 19.000 ...................                   4                       445,464.93           0.13               
19.001 - 19.150 ...................                   2                       137,640.23           0.04               
                                                  -----               ------------------         ------               
         Total: ...................               1,792               $   330,781,124.60         100.00%              
                                                  =====               ==================         ======               
____________________                                                                                                  

(1)  The weighted average Maximum Mortgage Rate of the Adjustable-Rate Group II 
Mortgage Loans as of the CDate was approximately 13.854% per annum.   

                                                        [Enlarge/Download Table]


                     MINIMUM MORTGAGE RATES OF THE ADJUSTABLE-RATE GROUP II MORTGAGE LOANS(1)                         

                                                                                             % OF AGGREGATE PRINCIPAL 
                                                                    PRINCIPAL BALANCE        BALANCE OUTSTANDING AS OF
                                                 NUMBER OF        OUTSTANDING AS OF THE      THE APPLICABLE CUT-OFF   
MINIMUM MORTGAGE RATE (%)                      MORTGAGE LOANS      APPLICABLE CUT-OFF DATE              DATE          
-------------------------------------------  -----------------    -----------------------    -------------------------
                                                                                                                      
 4.500 - 5.000 ....................                     3             $     1,335,131.99               0.40%          
 5.001 - 6.000 ....................                    36                  10,502,707.13               3.18           
 6.001 - 7.000 ....................                   305                  72,427,568.73              21.9            
 7.001 - 8.000 ....................                   633                 125,006,837.30              37.79           
 8.001 - 9.000 ....................                   516                  85,879,148.13              25.96           
 9.001 - 10.000 ...................                   202                  26,039,542.02               7.87           
10.001 - 11.000 ...................                    69                   6,917,404.13               2.09           
11.001 - 12.000 ...................                    22                   2,089,680.01               0.63           
12.001 - 12.750 ...................                     6                     583,105.16               0.18           
                                                    -----             ------------------             ------           
         Total: ...................                 1,792             $   330,781,124.60             100.00%          
                                                    =====             ==================             ======           
__________________                                                                                                    

(1)  The weighted average Minimum Mortgage Rate of the Adjustable-Rate Group II 
Mortgage Loans as of the CDate was approximately 7.820% per annum.    

                                                        [Enlarge/Download Table]


                   INITIAL PERIODIC RATE CAPS OF THE ADJUSTABLE-RATE GROUP II MORTGAGE LOANS(1)                       

                                                                                             % OF AGGREGATE PRINCIPAL 
                                                                    PRINCIPAL BALANCE        BALANCE OUTSTANDING AS OF
                                                 NUMBER OF        OUTSTANDING AS OF THE      THE APPLICABLE CUT-OFF   
INITIAL PERIODIC RATE CAP (%)                 MORTGAGE LOANS      APPLICABLE CUT-OFF DATE              DATE           
-------------------------------------------  -----------------    -----------------------    -------------------------
                                                                                                                      
1.000 ....................                               3         $       525,017.00                 0.16%           
3.000 ....................                           1,784             328,040,220.26                99.17            
4.000 ....................                               4               1,798,042.25                 0.54            
5.000 ....................                               1                 417,845.09                 0.13            
                                                     -----         ------------------               ------            
  Total: .................                           1,792         $   330,781,124.60               100.00%           
                                                     =====         ==================               ======            
__________________                                                                                                    

(1) Relates solely to initial rate adjustments.                                 

EX-99.1 Last Page of 21 TOC 1st Previous Next ↓Bottom Just 21st
                                                        [Enlarge/Download Table]


                  SUBSEQUENT PERIODIC RATE CAPS OF THE ADJUSTABLE-RATE GROUP II MORTGAGE LOANS(1)                     

                                                                                             % OF AGGREGATE PRINCIPAL 
                                                                    PRINCIPAL BALANCE        BALANCE OUTSTANDING AS OF
                                                 NUMBER OF        OUTSTANDING AS OF THE      THE APPLICABLE CUT-OFF   
        PERIODIC RATE CAP (%)                 MORTGAGE LOANS      APPLICABLE CUT-OFF DATE              DATE           
-------------------------------------------  -----------------    -----------------------    -------------------------
                                                                                                                      
1.000.....................................         1,781             $327,419,796.60              98.98%              
1.500.....................................            11                3,361,328.00               1.02               
                                                   -----             ---------------             ------               
  Total:                                           1,792             $330,781,124.60             100.00%              
                                                   =====             ===============             ======               
__________________                                                                                                    

(1) Relates to all rate adjustments subsequent to initial rate adjustments.

EX-99.1	1st Page of 21	TOC	↑Top	Previous	Next	↓Bottom	Just 1st

EX-99.1	2nd Page of 21	TOC	1st	Previous	Next	↓Bottom	Just 2nd

EX-99.1	3rd Page of 21	TOC	1st	Previous	Next	↓Bottom	Just 3rd

EX-99.1	4th Page of 21	TOC	1st	Previous	Next	↓Bottom	Just 4th

EX-99.1	5th Page of 21	TOC	1st	Previous	Next	↓Bottom	Just 5th

EX-99.1	6th Page of 21	TOC	1st	Previous	Next	↓Bottom	Just 6th

EX-99.1	7th Page of 21	TOC	1st	Previous	Next	↓Bottom	Just 7th

EX-99.1	8th Page of 21	TOC	1st	Previous	Next	↓Bottom	Just 8th

EX-99.1	9th Page of 21	TOC	1st	Previous	Next	↓Bottom	Just 9th

EX-99.1	10th Page of 21	TOC	1st	Previous	Next	↓Bottom	Just 10th

EX-99.1	11th Page of 21	TOC	1st	Previous	Next	↓Bottom	Just 11th

EX-99.1	12th Page of 21	TOC	1st	Previous	Next	↓Bottom	Just 12th

EX-99.1	13th Page of 21	TOC	1st	Previous	Next	↓Bottom	Just 13th

EX-99.1	14th Page of 21	TOC	1st	Previous	Next	↓Bottom	Just 14th

EX-99.1	15th Page of 21	TOC	1st	Previous	Next	↓Bottom	Just 15th

EX-99.1	16th Page of 21	TOC	1st	Previous	Next	↓Bottom	Just 16th

EX-99.1	17th Page of 21	TOC	1st	Previous	Next	↓Bottom	Just 17th

EX-99.1	18th Page of 21	TOC	1st	Previous	Next	↓Bottom	Just 18th

EX-99.1	19th Page of 21	TOC	1st	Previous	Next	↓Bottom	Just 19th

EX-99.1	20th Page of 21	TOC	1st	Previous	Next	↓Bottom	Just 20th

EX-99.1	Last Page of 21	TOC	1st	Previous	Next	↓Bottom	Just 21st

Dates Referenced Herein

		Referenced-On Page
This ‘8-K’ Filing	Date	First	Last	Other Filings

	5/1/33	2	12	None on these Dates
	5/1/18	2	12
	6/1/03	2	12
Filed on:	5/28/03
For Period End:	5/15/03
	3/1/02	12
	10/1/00	2
				List all Filings

↑Top

Filing Submission 0000882377-03-000930 – Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

Option One Mortgage Accep Corp Ast Back Certs Ser 2003-3 – ‘8-K’ for 5/15/03 – EX-99.1

On: Wednesday, 5/28/03, at 10:52am ET · For: 5/15/03 · Accession #: 882377-3-930 · File #: 333-101483-02

Previous ‘8-K’: ‘8-K’ on / for 5/6/03 · Next: ‘8-K’ on 6/4/03 for 5/25/03 · Latest: ‘8-K’ on 1/12/04 for 12/26/03

Current Report — Form 8-KFiling Table of Contents

EX-99.1 — Additional Exhibits

Dates Referenced Herein

Current Report — Form 8-K
Filing Table of Contents