Banc of America Commercial Mortgage Inc., Series 2005-4 – ‘8-K’ for 1/10/06

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Current Report   —   Form 8-K
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 8-K         Current Report                                        34±   161K 

Document Table of Contents

 UNITED STATES
  SECURITIES AND EXCHANGE COMMISSION
 Washington D.C. 20549

  FORM 8-K

  CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934  

Date of Report: January 10, 2006                                              
(Date of earliest event reported)                                             

Commission File No.: 333-127779-01                                            

Banc of America Commercial Mortgage Inc.                                      
Commercial Mortgage Pass-Through Certificates                                 
Series 2005-4                                                                 
(Exact name of registrant as specified in its charter)                        

New York (governing law of Pooling and Servicing Agreement)                   
(State of Incorporation)                                                      

54-2184239                                                                    
54-2184240                                                                    
54-6675919                                                                    
(I.R.S. Employer Identification No.)                                          

c/o Wells Fargo Bank, N.A.                                                    
9062 Old Annapolis Road                                                       
Columbia, MD                                           21045                
(Address of principal executive offices)             (Zip Code)               

(410) 884-2000                                                                
Registrant's Full Telephone Number                                            

(Former name, former address and former fiscal year, if changed since last    
report)                                                                       

Check the appropriate box below if the Form 8-K filing is intended to         

simultaneously satisfy the filing obligation of the registrant under any      

of the following provisions (see General Instruction A.2. below):             

[ ] Written communications pursuant to Rule 425 under the Securities Act      

(17 CFR 230.425)                                                      

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act        
(17 CFR 240.14a-12)                                                   

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the       

Exchange Act(17 CFR 240.14d-2(b))                                     

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the       

Exchange Act(17 CFR 240.13e-4(c))                                     

ITEM 8.01  Other Events                                                       

On January 10, 2006, a distribution was made to holders of Banc of            
America Commercial Mortgage Inc., Commercial Mortgage Pass-Through            
Certificates, Series 2005-4.                                                  

ITEM 9.01  Financial Statements and Exhibits                                  

(c) Exhibits                                                                  

Exhibit Number    Description                                                 

(EX-99.1)      Monthly report distributed to holders of Commercial Mortgage   
         Pass-Through Certificates, Series 2005-4, relating to the
January 10, 2006 distribution.                  

Pursuant to the requirements of the Securities Exchange Act of 1934, the      
registrant has duly caused this report to be signed on its behalf by the      
undersigned hereunto duly authorized.                                         

Banc of America Commercial Mortgage Inc.        
Commercial Mortgage Pass-Through Certificates         
Series 2005-4         
(Registrant)        
By:      Wells Fargo Bank, N.A. as Trustee              
By:      /s/ Beth Belfield, Officer                     
By:      Beth Belfield, Officer                         

Date:    January 10, 2006                               

INDEX TO EXHIBITS         

Exhibit Number               Description                                      

(EX-99.1)           Monthly report distributed to holders of Commercial       
            Mortgage Pass-Through Certificates, Series 2005-4,
        relating to the January 10, 2006 distribution.

Wells Fargo Bank, N.A.                                                        
Corporate Trust Services                                                      
9062 Old Annapolis Road                                                       
Columbia, MD 21045-1951                                                       

Banc of America Commercial Mortgage Inc.                                      
Commercial Mortgage Pass-Through Certificates                                 
Series 2005-4                                                                 

For Additional Information, please contact                                    
CTSLink Customer Service                                                      
(301) 815-6600                                                                

Reports Available on the World Wide Web                                       
@ www.ctslink.com/cmbs                                                        

Payment Date:   January 10, 2006                                              
Record Date:    December 30, 2005                                             

DISTRIBUTION DATE STATEMENT 

Table of Contents 

STATEMENT SECTIONS                                                  PAGE(s)   

Certificate Distribution Detail                                       2       
Certificate Factor Detail                                             3       
Reconciliation Detail                                                 4       
Other Required Information                                            5       
Cash Reconciliation                                                   6       
Ratings Detail                                                        7       
Current Mortgage Loan and Property Stratification Tables            8 - 16    
Mortgage Loan Detail                                               17 - 21    
Principal Prepayment Detail                                           22      
Historical Detail                                                     23      
Delinquency Loan Detail                                            24 - 25    
Specially Serviced Loan Detail                                     26 - 27    
Modified Loan Detail                                                  28      
Liquidated Loan Detail                                                29      
Bond / Collateral Realized Loss Reconciliation                        30      

Depositor                                                               

Banc of America Commercial Mortgage Inc.                                      
214 North Tryon Street                                                        
Charlotte, NC 28255                                                           

Contact:      Stephen Hogue                                                   
Phone Number: (704) 386-1094                                                  

Master Servicer                                                         

Bank of America, N.A.                                                         
900 West Trade Street                                                         
Suite 650                                                                     
Charlotte, NC 28255                                                           
Contact:      Cynthia Downs                                                   
Phone Number: (704) 317-0712                                                  

Special Servicer                                                        

LNR Partners, Inc.                                                            
1601 Washington Avenue                                                        
Suite 800                                                                     
Miami Beach, FL 33139                                                         
Contact:      Vickie Taylor                                                   
Phone Number: (305) 229-6614                                                  

This report has been compiled from information provided to                    
Wells Fargo Bank, N.A. by various third parties, which                        
may include the Servicer, Master Servicer, Special Servicer and others.       
Wells Fargo Bank, N.A. has not independently confirmed                        
the accuracy of information received from these third parties and assumes     
no duty to do so. Wells Fargo Bank, N.A. expressly disclaims                  
any responsibility for the accuracy or completeness of information            
furnished by third parties.                                                   

Copyright 2006, Wells Fargo Bank, N.A.                                        

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                                 Certificate Distribution Detail                                 

Class     CUSIP    Pass-Through       Original           Beginning      Principal      Interest  
                       Rate           Balance             Balance      Distribution  Distribution
                                                                                                 
A-1     05947UW61   4.432000%       50,500,000.00       49,146,644.33    417,320.74    181,514.94
A-2     05947UW79   4.764000%      215,500,000.00      215,500,000.00          0.00    855,535.00
A-3     05947UW87   4.891000%       87,900,000.00       87,900,000.00          0.00    358,265.75
A-4     05947UW95   5.154462%       70,000,000.00       70,000,000.00          0.00    300,676.97
A-SB    05947UX29   4.867000%       61,158,000.00       61,158,000.00          0.00    248,046.66
A-5A    05947UX37   4.933000%      485,931,000.00      485,931,000.00          0.00  1,997,581.35
A-5B    05947UX45   4.997000%       69,419,000.00       69,419,000.00          0.00    289,072.29
A-1A    05947UX52   4.886000%      228,135,000.00      227,999,770.19     41,571.37    928,339.06
A-J     05947UX60   5.038000%       97,123,000.00       97,123,000.00          0.00    407,754.73
B       05947UX86   5.118000%       31,714,000.00       31,714,000.00          0.00    135,260.21
C       05947UX94   5.147000%       15,857,000.00       15,857,000.00          0.00     68,013.32
D       05947UY28   5.121462%       29,731,000.00       29,731,000.00          0.00    126,888.50
E       05947UY51   5.154462%       17,839,000.00       17,839,000.00          0.00     76,625.38
F       05947UY77   5.154462%       19,821,000.00       19,821,000.00          0.00     85,138.83
G       05947UY93   5.154462%       17,839,000.00       17,839,000.00          0.00     76,625.38
H       05947UZ35   5.154462%       23,785,000.00       23,785,000.00          0.00    102,165.74
J       05947UZ50   4.705000%        7,929,000.00        7,929,000.00          0.00     31,088.29
K       05947UZ76   4.705000%        7,928,000.00        7,928,000.00          0.00     31,084.37
L       05947UZ92   4.705000%        7,928,000.00        7,928,000.00          0.00     31,084.37
M       05947U2B3   4.705000%        3,964,000.00        3,964,000.00          0.00     15,542.18
N       05947U2D9   4.705000%        5,947,000.00        5,947,000.00          0.00     23,317.20
O       05947U2F4   4.705000%        5,946,000.00        5,946,000.00          0.00     23,313.28
P       05947U2H0   4.705000%       23,785,793.00       23,785,793.00          0.00     93,260.13
V       05947U2K3   0.000000%                0.01                0.01          0.00          0.00
R-I        N/A      0.000000%                0.00                0.00          0.00          0.00
R-II       N/A      0.000000%                0.00                0.00          0.00          0.00

Totals                           1,585,679,793.01    1,584,191,207.53    458,892.11  6,486,193.93
                                                                               
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Class     CUSIP    Prepayment   Realized Loss/      Total            Ending         Current   
                    Premiums   Additional Trust  Distribution       Balance      Subordination
                                Fund Expenses                                      Level (1)  
                                                                                              
A-1     05947UW61       0.00             0.00      598,835.68     48,729,323.59      20.02%   
A-2     05947UW79       0.00             0.00      855,535.00    215,500,000.00      20.02%   
A-3     05947UW87       0.00             0.00      358,265.75     87,900,000.00      20.02%   
A-4     05947UW95       0.00             0.00      300,676.97     70,000,000.00      20.02%   
A-SB    05947UX29       0.00             0.00      248,046.66     61,158,000.00      20.02%   
A-5A    05947UX37       0.00             0.00    1,997,581.35    485,931,000.00      20.02%   
A-5B    05947UX45       0.00             0.00      289,072.29     69,419,000.00      20.02%   
A-1A    05947UX52       0.00             0.00      969,910.43    227,958,198.82      20.02%   
A-J     05947UX60       0.00             0.00      407,754.73     97,123,000.00      13.89%   
B       05947UX86       0.00             0.00      135,260.21     31,714,000.00      11.89%   
C       05947UX94       0.00             0.00       68,013.32     15,857,000.00      10.89%   
D       05947UY28       0.00             0.00      126,888.50     29,731,000.00       9.01%   
E       05947UY51       0.00             0.00       76,625.38     17,839,000.00       7.88%   
F       05947UY77       0.00             0.00       85,138.83     19,821,000.00       6.63%   
G       05947UY93       0.00             0.00       76,625.38     17,839,000.00       5.51%   
H       05947UZ35       0.00             0.00      102,165.74     23,785,000.00       4.00%   
J       05947UZ50       0.00             0.00       31,088.29      7,929,000.00       3.50%   
K       05947UZ76       0.00             0.00       31,084.37      7,928,000.00       3.00%   
L       05947UZ92       0.00             0.00       31,084.37      7,928,000.00       2.50%   
M       05947U2B3       0.00             0.00       15,542.18      3,964,000.00       2.25%   
N       05947U2D9       0.00             0.00       23,317.20      5,947,000.00       1.88%   
O       05947U2F4       0.00             0.00       23,313.28      5,946,000.00       1.50%   
P       05947U2H0       0.00             0.00       93,260.13     23,785,793.00       0.00%   
V       05947U2K3       0.00             0.00            0.00              0.01       0.00%   
R-I        N/A          0.00             0.00            0.00              0.00       0.00%   
R-II       N/A          0.00             0.00            0.00              0.00       0.00%   

Totals                  0.00             0.00    6,945,086.04  1,583,732,315.42               
                                                                               
                                                         [Enlarge/Download Table]
                                                                                        

                                                                                        

                                Certificate Distribution Detail (ctnd.)                 

Class    CUSIP    Pass-Through         Original              Beginning       Interest   
                      Rate             Notional               Notional      Distribution
                                        Amount                Amount                    

                                                                                        
XC     05947UY36   0.039323%       1,585,679,793.00       1,584,191,207.52     51,912.38
XP     05947UX78   0.207256%       1,543,628,000.00       1,543,628,000.00    266,605.38

                                                                               
                                                         [Enlarge/Download Table]
                                                                                     
                                                                                     

Class            CUSIP           Prepayment            Total              Ending     
                                  Premiums          Distribution         Notional    
                                                                          Amount     
                                                                                     
XC             05947UY36               0.00            51,912.38     1,583,732,315.41
XP             05947UX78               0.00           266,605.38     1,543,628,000.00
<FN>                                                                                 

(1) Calculated by taking (A) the sum of the ending certificate balance of all        
classes less (B) the sum of (i) the ending certificate balance of the designated     
class and (ii) the ending certificate balance of all classes which are not           
subordinate to the designated class and dividing the result by (A).                  

</FN>                                                                                
                                                                               
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                                        Certificate Factor Detail                                            

Class    CUSIP       Beginning     Principal          Interest     Prepayment  Realized Loss/      Ending    
                      Balance     Distribution      Distribution    Premiums     Additional       Balance    
                                                                                 Trust Fund                  
                                                                                  Expenses                   
                                                                                                             
A-1    05947UW61    973.20087782   8.26377703        3.59435525    0.00000000    0.00000000      964.93710079
A-2    05947UW79  1,000.00000000   0.00000000        3.97000000    0.00000000    0.00000000    1,000.00000000
A-3    05947UW87  1,000.00000000   0.00000000        4.07583333    0.00000000    0.00000000    1,000.00000000
A-4    05947UW95  1,000.00000000   0.00000000        4.29538529    0.00000000    0.00000000    1,000.00000000
A-SB   05947UX29  1,000.00000000   0.00000000        4.05583342    0.00000000    0.00000000    1,000.00000000
A-5A   05947UX37  1,000.00000000   0.00000000        4.11083333    0.00000000    0.00000000    1,000.00000000
A-5B   05947UX45  1,000.00000000   0.00000000        4.16416673    0.00000000    0.00000000    1,000.00000000
A-1A   05947UX52    999.40723778   0.18222268        4.06925312    0.00000000    0.00000000      999.22501510
A-J    05947UX60  1,000.00000000   0.00000000        4.19833335    0.00000000    0.00000000    1,000.00000000
B      05947UX86  1,000.00000000   0.00000000        4.26500000    0.00000000    0.00000000    1,000.00000000
C      05947UX94  1,000.00000000   0.00000000        4.28916693    0.00000000    0.00000000    1,000.00000000
D      05947UY28  1,000.00000000   0.00000000        4.26788537    0.00000000    0.00000000    1,000.00000000
E      05947UY51  1,000.00000000   0.00000000        4.29538539    0.00000000    0.00000000    1,000.00000000
F      05947UY77  1,000.00000000   0.00000000        4.29538520    0.00000000    0.00000000    1,000.00000000
G      05947UY93  1,000.00000000   0.00000000        4.29538539    0.00000000    0.00000000    1,000.00000000
H      05947UZ35  1,000.00000000   0.00000000        4.29538533    0.00000000    0.00000000    1,000.00000000
J      05947UZ50  1,000.00000000   0.00000000        3.92083365    0.00000000    0.00000000    1,000.00000000
K      05947UZ76  1,000.00000000   0.00000000        3.92083375    0.00000000    0.00000000    1,000.00000000
L      05947UZ92  1,000.00000000   0.00000000        3.92083375    0.00000000    0.00000000    1,000.00000000
M      05947U2B3  1,000.00000000   0.00000000        3.92083249    0.00000000    0.00000000    1,000.00000000
N      05947U2D9  1,000.00000000   0.00000000        3.92083403    0.00000000    0.00000000    1,000.00000000
O      05947U2F4  1,000.00000000   0.00000000        3.92083417    0.00000000    0.00000000    1,000.00000000
P      05947U2H0  1,000.00000000   0.00000000        3.92083333    0.00000000    0.00000000    1,000.00000000
V      05947U2K3  1,000.00000000   0.00000000        0.00000000    0.00000000    0.00000000    1,000.00000000
R-I       N/A         0.00000000   0.00000000        0.00000000    0.00000000    0.00000000        0.00000000
R-II      N/A         0.00000000   0.00000000        0.00000000    0.00000000    0.00000000        0.00000000

                                                                               
                                                                 [Download Table]
                                                                                    
                                                                                    

                       Certificate Factor Detail (ctnd.)                            

Class    CUSIP       Beginning           Interest         Prepayment      Ending    
                     Notional          Distribution        Premium       Notional   
                      Amount                                              Amount    
                                                                                    
XC     05947UY36    999.06123198        0.03273825        0.00000000    998.77183426
XP     05947UX78  1,000.00000000        0.17271349        0.00000000  1,000.00000000

                                                                               
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                                  Reconciliation Detail              

                                     Advance Summary                 

                                                                     
P & I Advances Outstanding                               1,930,975.71
Master Servicing Advances Outstanding                            0.00

Reimbursement for Interest on P & I Advances                     0.00
paid from general collections                                        

                                                                               
                                                                 [Download Table]
                                                                      
                                                                      

                               Master Servicing Fee Summary           
                                                                      
Current Period Accrued Master Servicing Fees                 62,024.42
Less Delinquent Master Servicing Fees                        14,292.51
Less Reductions to Master Servicing Fees                          0.00
Plus Master Servicing Fees for Delinquent Payments Received   1,621.44
Plus Adjustments for Prior Master Servicing Calculation           0.00
Total Master Servicing Fees Collected                        49,353.35
                                                                               
                                                                 [Download Table]
                                                                                    
                                                                                    

                     Certificate Interest Reconciliation                            

Class     Accrued    Net Aggregate                      Distributable  Distributable
        Certificate   Prepayment                         Certificate    Certificate 
         Interest      Interest                            Interest       Interest  
                       Shortfall                                         Adjustment 
                                                                                    
A-1      181,514.94         0.00                          181,514.94           0.00 
A-2      855,535.00         0.00                          855,535.00           0.00 
A-3      358,265.75         0.00                          358,265.75           0.00 
A-4      300,676.97         0.00                          300,676.97           0.00 
A-SB     248,046.66         0.00                          248,046.66           0.00 
A-5A   1,997,581.35         0.00                        1,997,581.35           0.00 
A-5B     289,072.29         0.00                          289,072.29           0.00 
A-1A     928,339.06         0.00                          928,339.06           0.00 
XC        51,912.38         0.00                           51,912.38           0.00 
XP       266,605.38         0.00                          266,605.38           0.00 
A-J      407,754.73         0.00                          407,754.73           0.00 
B        135,260.21         0.00                          135,260.21           0.00 
C         68,013.32         0.00                           68,013.32           0.00 
D        126,888.50         0.00                          126,888.50           0.00 
E         76,625.38         0.00                           76,625.38           0.00 
F         85,138.83         0.00                           85,138.83           0.00 
G         76,625.38         0.00                           76,625.38           0.00 
H        102,165.74         0.00                          102,165.74           0.00 
J         31,088.29         0.00                           31,088.29           0.00 
K         31,084.37         0.00                           31,084.37           0.00 
L         31,084.37         0.00                           31,084.37           0.00 
M         15,542.18         0.00                           15,542.18           0.00 
N         23,317.20         0.00                           23,317.20           0.00 
O         23,313.28         0.00                           23,313.28           0.00 
P         93,260.13         0.00                           93,260.13           0.00 

Total  6,804,711.69         0.00                        6,804,711.69           0.00 
                                                                               
                                                                 [Download Table]
                                                                                

                                                                                

     Class           Additional           Interest            Remaining Unpaid  
                     Trust Fund         Distribution            Distributable   
                      Expenses                              Certificate Interest
                                                                                
A-1                         0.00          181,514.94                    0.00    
A-2                         0.00          855,535.00                    0.00    
A-3                         0.00          358,265.75                    0.00    
A-4                         0.00          300,676.97                    0.00    
A-SB                        0.00          248,046.66                    0.00    
A-5A                        0.00        1,997,581.35                    0.00    
A-5B                        0.00          289,072.29                    0.00    
A-1A                        0.00          928,339.06                    0.00    
XC                          0.00           51,912.38                    0.00    
XP                          0.00          266,605.38                    0.00    
A-J                         0.00          407,754.73                    0.00    
B                           0.00          135,260.21                    0.00    
C                           0.00           68,013.32                    0.00    
D                           0.00          126,888.50                    0.00    
E                           0.00           76,625.38                    0.00    
F                           0.00           85,138.83                    0.00    
G                           0.00           76,625.38                    0.00    
H                           0.00          102,165.74                    0.00    
J                           0.00           31,088.29                    0.00    
K                           0.00           31,084.37                    0.00    
L                           0.00           31,084.37                    0.00    
M                           0.00           15,542.18                    0.00    
N                           0.00           23,317.20                    0.00    
O                           0.00           23,313.28                    0.00    
P                           0.00           93,260.13                  195.13    

     Total                  0.00        6,804,711.69                  195.13    
                                                                               
                                                          [Enlarge/Download Table]
                                                                                         
                                                                                         

                                        Other Required Information                       
                                                                                         

Available Distribution Amount  (1)                                           7,263,603.80

Aggregate Number of Outstanding Loans                                                 128
Aggregate Unpaid Principal Balance of Loans                              1,583,864,912.32
Aggregate Stated Principal Balance of Loans                              1,583,732,315.58

Aggregate Amount of Master Servicing Fee                                        49,353.35
Aggregate Amount of Special Servicing Fee                                            0.00
Aggregate Amount of Trustee Fee                                                  2,073.32
Aggregate Trust Fund Expenses                                                        0.00

Interest Reserve Deposit                                                       226,183.00
Interest Reserve Withdrawal                                                          0.00

Specially Serviced Loans not Delinquent                                                  
        Number of Outstanding Loans                                                     0
        Aggregate Unpaid Principal Balance                                           0.00

<fn>                                                                                     

(1)  The Available Distribution Amount includes any Prepayment Premiums.                 
</fn>                                                                                    

                                                                              
      Appraisal Reduction Amount

      None

                                                           [Enlarge/Download Table]
                                                                                        

                                  Cash Reconciliation Detail                            

                                                                                        
Total Funds Collected                                                                   
Interest:                                                                               
Scheduled Interest                                            7,094,992.55              
Interest reductions due to Nonrecoverability Determinations           0.00              
Interest Adjustments                                                  0.00              
Deferred Interest                                                     0.00              
Net Prepayment Interest Shortfall                                     0.00              
Net Prepayment Interest Excess                                        0.00              
Extension Interest                                                    0.00              
Interest Reserve Withdrawal                                           0.00              
Total Interest Collected                                                    7,094,992.55

Principal:                                                                              
Scheduled Principal                                             458,892.11              
Unscheduled Principal                                                 0.00              
Principal Prepayments                                                 0.00              
Collection of Principal after Maturity Date                           0.00              
Recoveries from Liquidation and Insurance Proceeds                    0.00              
Excess of Prior Principal Amounts paid                                0.00              
Curtailments                                                          0.00              
Negative Amortization                                                 0.00              
Principal Adjustments                                                 0.00              
Total Principal Collected                                                     458,892.11

Other:                                                                                  
Prepayment Penalties/Yield Maintenance                                0.00              
Repayment Fees                                                        0.00              
Borrower Option Extension Fees                                        0.00              
Equity Payments Received                                              0.00              
Net Swap Counterparty Payments Received                               0.00              
Total Other Collected:                                                              0.00
Total Funds Collected                                                       7,553,884.66

Total Funds Distributed                                                                 
Fees:                                                                                   
Master Servicing Fee                                             62,024.42              
Trustee Fee                                                       2,073.32              
Certificate Administration Fee                                        0.00              
Insurer Fee                                                           0.00              
Miscellaneous Fee                                                     0.00              
Total Fees                                                                     64,097.73

Additional Trust Fund Expenses:                                                         
Reimbursement for Interest on Advances                                0.00              
ASER Amount                                                           0.00              
Special Servicing Fee                                                 0.00              
Rating Agency Expenses                                                0.00              
Attorney Fees & Expenses                                              0.00              
Bankruptcy Expense                                                    0.00              
Taxes Imposed on Trust Fund                                           0.00              
Non-Recoverable Advances                                              0.00              
Other Expenses                                                        0.00              
Total Additional Trust Fund Expenses                                                0.00

Interest Reserve Deposit                                                      226,183.00

Payments to Certificateholders & Others:                                                
Interest Distribution                                         6,804,711.69              
Principal Distribution                                          458,892.11              
Prepayment Penalties/Yield Maintenance                                0.00              
Borrower Option Extension Fees                                        0.00              
Equity Payments Paid                                                  0.00              
Net Swap Counterparty Payments Paid                                   0.00              
Total Payments to Certificateholders & Others                               7,263,603.80
Total Funds Distributed                                                     7,553,884.53

                                                                             
                                                          [Enlarge/Download Table]
                                                                                                          
                                                                                                           

                                            Ratings Detail                                                 

     Class         CUSIP           Original Ratings                       Current Ratings  (1)             
                               Fitch     Moody's    S & P              Fitch    Moody's     S & P          
                                                                                                           
      A-1        05947UW61      AAA         X        AAA                AAA        X         AAA           
      A-2        05947UW79      AAA         X        AAA                AAA        X         AAA           
      A-3        05947UW87      AAA         X        AAA                AAA        X         AAA           
      A-4        05947UW95      AAA         X        AAA                AAA        X         AAA           
      A-SB       05947UX29      AAA         X        AAA                AAA        X         AAA           
      A-5A       05947UX37      AAA         X        AAA                AAA        X         AAA           
      A-5B       05947UX45      AAA         X        AAA                AAA        X         AAA           
      A-1A       05947UX52      AAA         X        AAA                AAA        X         AAA           
       XC        05947UY36      AAA         X        AAA                AAA        X         AAA           
       XP        05947UX78      AAA         X        AAA                AAA        X         AAA           
      A-J        05947UX60      AAA         X        AAA                AAA        X         AAA           
       B         05947UX86       AA         X         AA                AA         X         AA            
       C         05947UX94      AA-         X        AA-                AA-        X         AA-           
       D         05947UY28       A          X         A                  A         X          A            
       E         05947UY51       A-         X         A-                A-         X         A-            
       F         05947UY77      BBB+        X        BBB+              BBB+        X        BBB+           
       G         05947UY93      BBB         X        BBB                BBB        X         BBB           
       H         05947UZ35      BBB-        X        BBB-              BBB-        X        BBB-           
       J         05947UZ50      BB+         X        BB+                BB+        X         BB+           
       K         05947UZ76       BB         X         BB                BB         X         BB            
       L         05947UZ92      BB-         X        BB-                BB-        X         BB-           
       M         05947U2B3       B+         X         B+                B+         X         B+            
       N         05947U2D9       B          X         B                  B         X          B            
       O         05947U2F4       B-         X         B-                B-         X         B-            
       P         05947U2H0       NR         X         NR                NR         X         NR            

<FN>                                                                                                       
 NR   - Designates that the class was not rated by the above agency at the time of                         
        original issuance.                                                                                 

  X   - Designates that the above rating agency did not rate any classes in this transaction at the time of
        original issuance.                                                                                 

 N/A  - Data not available this period.                                                                    

1) For any class not rated at the time of original issuance by any particular                              
rating agency, no request has been made subsequent to issuance to obtain rating                            
information, if any, from such rating agency. The current ratings were obtained                            
directly from the applicable rating agency within 30 days of the payment date                              
listed above. The ratings may have changed since they were obtained. Because the                           
ratings may have changed, you may want to obtain current ratings directly from the                         
rating agencies.                                                                                           

Fitch, Inc.                                                                                                
One State Street Plaza                                                                                     
New York, New York 10004                                                                                   
(212) 908-0500                                                                                             

Moody's Investors Service                                                                                  
99 Church Street                                                                                           
New York, New York 10007                                                                                   
(212) 553-0300                                                                                             

Standard & Poor's Rating Services                                                                          
55 Water Street                                                                                            
New York, New York 10041                                                                                   
(212) 438-2430                                                                                             

</FN>                                                                                                      
                                                                               
                                                         [Enlarge/Download Table]
                                                                                                       
                                                                                                       

                     Current Mortgage Loan and Property Stratification Tables                          
                                          Aggregate Pool                                               

                           Scheduled Balance                                                           

       Scheduled               # of            Scheduled           % of       WAM   WAC      Weighted  
        Balance                Loans            Balance            Agg.       (2)          Avg DSCR (1)
                                                                   Bal.                                
                                                                                                       
    999,999 or less              2            1,982,248.67         0.13       112  5.7349    1.552054  
 1,000,000 to 1,999,999          5            7,549,302.29         0.48       113  5.4179    1.648622  
 2,000,000 to 2,999,999         23           55,696,718.51         3.52       106  5.4769    1.419186  
 3,000,000 to 3,999,999         17           60,580,468.62         3.83       108  5.4495    1.442631  
 4,000,000 to 4,999,999         13           57,932,929.74         3.66       112  5.2793    1.538460  
 5,000,000 to 7,499,999         16           97,585,886.12         6.16       105  5.4277    1.484985  
 7,500,000 to 9,999,999         14          123,253,140.84         7.78       114  5.2716    1.457542  
10,000,000 to 14,999,999        15          195,425,036.70        12.34        99  5.2203    1.470189  
15,000,000 to 19,999,999        10          169,177,378.17        10.68        98  5.1797    1.491998  
20,000,000 to 29,999,999         2           50,720,000.00         3.20       113  5.1864    1.791767  
30,000,000 to 49,999,999         4          151,872,503.68         9.59        88  5.0786    1.494917  
50,000,000 to 99,999,999         4          281,956,702.24        17.80        80  5.1561    1.670654  
 100,000,000 or greater          3          330,000,000.00        20.84       103  5.0921    1.371812  

         Totals                128        1,583,732,315.58       100.00        98  5.2014    1.500909  
                                                                              
                                                                  [Download Table]
                                                                               
                                                                               

                State  (3)                                                     

    State        # of            Scheduled      % of  WAM   WAC      Weighted  
                 Props            Balance       Agg.  (2)          Avg DSCR (1)
                                                Bal.                           
                                                                               
   Arizona         8           39,843,298.18    2.52  100  5.3466    1.292993  
  California      23          310,551,257.52   19.61   84  5.0807    1.609722  
   Colorado        2           14,376,513.77    0.91  114  5.3510    1.262524  
 Connecticut       1           24,000,000.00    1.52  115  5.1300    2.150000  
   Delaware        1           14,700,000.00    0.93  114  5.3170    1.290000  
   Florida         9           85,761,512.44    5.42  112  5.3995    1.486329  
   Georgia         7          119,192,883.53    7.53   60  5.1300    1.333772  
   Illinois        4           32,371,348.75    2.04   89  5.1639    1.252440  
     Iowa          2            8,268,329.37    0.52  107  5.6156    1.558800  
   Maryland        4          125,439,914.76    7.92  119  5.1567    1.544102  
Massachusetts      2           22,440,773.95    1.42  114  5.1271    1.336174  
   Michigan        4           12,005,532.62    0.76   97  5.3588    1.372881  
   Missouri        1           44,800,000.00    2.83   78  5.1760    1.180000  
   Nebraska        1           15,200,000.00    0.96  114  5.1200    1.660000  
    Nevada         3           45,150,000.00    2.85  113  5.3126    1.489848  
New Hampshire      1           11,500,000.00    0.73  114  5.0770    1.290000  
  New Jersey       2           17,566,583.45    1.11  114  5.2178    1.602117  
   New York        4          190,134,403.16   12.01  113  5.2974    1.291213  
North Carolina     5           24,576,721.54    1.55  108  5.2352    1.665442  
     Ohio          7           51,401,710.27    3.25   80  5.1933    1.333000  
 Pennsylvania      9           75,805,155.75    4.79  110  5.2765    1.360202  
 Puerto Rico       1           35,250,000.00    2.23   53  4.6940    2.289237  
South Carolina     2            6,460,186.75    0.41  115  5.3572    1.341305  
 South Dakota      1            8,050,000.00    0.51  113  5.4750    1.442748  
  Tennessee        4           26,923,500.00    1.70  112  5.4374    1.647483  
    Texas         17           60,754,384.14    3.84  110  5.2119    1.347476  
     Utah          2           21,179,051.21    1.34  108  5.0936    1.415354  
   Virginia        4           87,194,861.65    5.51  108  5.0965    1.999403  
  Washington      17           50,615,694.88    3.20  107  5.5470    1.502091  
  Wisconsin        1            2,218,697.89    0.14  (6)  5.2350    1.318612  

    Totals       149        1,583,732,315.58  100.00   98  5.2014    1.500909  
                                                                              
                                                          [Enlarge/Download Table]
                                                                                         
                                                                                         

               Debt Service Coverage Ratio  (1)                                          

  Debt Service             # of            Scheduled      % of  WAM   WAC      Weighted  
 Coverage Ratio            Loans            Balance       Agg.  (2)          Avg DSCR (1)
                                                          Bal.                           
                                                                                         
  1.19 or less               9           94,375,771.11    5.96   97  5.2603    1.168582  
  1.20 to 1.24              17          219,382,772.68   13.85  102  5.2508    1.222523  
  1.25 to 1.29              21          161,766,520.45   10.21  113  5.3159    1.276045  
  1.30 to 1.34              15          206,737,273.83   13.05   84  5.1986    1.323700  
  1.35 to 1.39               8          174,184,166.61   11.00   86  5.0509    1.388526  
  1.40 to 1.49              17          196,383,441.43   12.40  108  5.3249    1.436717  
  1.50 to 1.59              11          168,069,198.98   10.61  118  5.2051    1.514829  
  1.60 to 1.69               8           56,830,245.54    3.59  113  5.3322    1.646984  
  1.70 to 1.79               2           10,523,927.69    0.66  114  5.3984    1.780305  
  1.80 to 1.89               5           25,038,355.30    1.58   78  5.4099    1.853145  
  1.90 to 1.99               2           57,482,330.69    3.63   56  5.0942    1.947101  
2.00 or greater             13          212,958,311.27   13.45   94  5.0065    2.203304  

     Totals                128        1,583,732,315.58  100.00   98  5.2014    1.500909  
                                                                              
                                                          [Enlarge/Download Table]
                                                                                      
                                                                                      

                  Property Type  (3)                                                  

    Property            # of            Scheduled      % of  WAM   WAC      Weighted  
      Type              Props            Balance       Agg.  (2)          Avg DSCR (1)
                                                       Bal.                           
                                                                                      
   Industrial             9           80,908,714.35    5.11  110  5.2435    1.514124  
    Lodging               3          120,803,981.73    7.63  119  5.1648    1.514397  
   Mixed Use              2           28,784,403.16    1.82  114  5.2764    1.265535  
Mobile Home Park          3            8,297,411.71    0.52  108  5.6626    1.508653  
  Multi-Family           27          360,944,357.82   22.79   92  5.2383    1.489140  
     Office              32          541,747,711.96   34.21  102  5.1613    1.525177  
     Retail              52          382,759,549.70   24.17   87  5.1688    1.482006  
  Self Storage           21           59,486,185.15    3.76  114  5.4699    1.540391  

     Totals             149        1,583,732,315.58  100.00   98  5.2014    1.500909  
                                                                              
                                                                  [Download Table]
                                                                                 
                                                                                 

                   Note Rate                                                     

    Note Rate      # of            Scheduled      % of  WAM   WAC      Weighted  
                   Loans            Balance       Agg.  (2)          Avg DSCR (1)
                                                  Bal.                           
                                                                                 
  4.749% or less     2           40,310,000.00    2.55   56  4.6822    2.324480  
 4.750% to 4.999%   10          176,958,001.37   11.17   81  4.9269    1.573587  
 5.000% to 5.249%   42          867,105,077.80   54.75   98  5.1400    1.479951  
 5.250% to 5.499%   38          295,751,627.48   18.67  108  5.3316    1.465272  
 5.500% to 5.749%   26          170,665,789.10   10.78  110  5.5662    1.425688  
5.750% or greater   10           32,941,819.83    2.08  107  5.8709    1.364040  

      Totals       128        1,583,732,315.58  100.00   98  5.2014    1.500909  
                                                                              
                                                                  [Download Table]
                                                                                    
                                                                                    

                      Seasoning                                                     

     Seasoning        # of            Scheduled      % of  WAM   WAC      Weighted  
                      Loans            Balance       Agg.  (2)          Avg DSCR (1)
                                                     Bal.                           
                                                                                    
  4 months or less     11           89,411,044.63    5.65  105  5.2065    1.280803  
   5 to 12 months     115        1,488,474,243.69   93.99   98  5.1992    1.514953  
13 months or greater    2            5,847,027.26    0.37   60  5.6954    1.291574  

       Totals         128        1,583,732,315.58  100.00   98  5.2014    1.500909  
                                                                              
                                                          [Enlarge/Download Table]
                                                                                              
                                                                                              

         Anticipated Remaining Term (ARD and Balloon Loans)                                   

     Anticipated              # of            Scheduled        % of  WAM   WAC      Weighted  
  Remaining Term (2)          Loans            Balance         Agg.  (2)          Avg DSCR (1)
                                                               Bal.                           
                                                                                              
  59 months or less            11          271,271,856.55     17.13   53  5.0343    1.687726  
   60 to 79 months              8          205,170,515.22     12.95   76  5.0621    1.359885  
   80 to 99 months              1            4,950,000.00      0.31   90  5.1470    1.202394  
  100 to 109 months             5          133,921,891.97      8.46  109  5.1938    1.750696  
  110 to 119 months           102          858,418,051.84     54.20  114  5.2982    1.438447  
120 months or greater           1          110,000,000.00      6.95  120  5.1300    1.500000  

        Totals                128        1,583,732,315.58    100.00   98  5.2014    1.500909  
                                                                              
                                                          [Enlarge/Download Table]
                                                                                               
                                                                                               

         Remaining Amortization Term (ARD and Balloon Loans)                                   

Remaining Amortization        # of            Scheduled         % of  WAM   WAC      Weighted  
         Term                 Loans            Balance          Agg.  (2)          Avg DSCR (1)
                                                                Bal.                           
                                                                                               
    Interest Only              17          477,589,404.00      30.16   87  5.0824    1.766118  
  299 months or less           10          154,434,176.05       9.75  117  5.1774    1.500681  
  300 to 324 months             1            2,619,914.76       0.17  114  5.4700    1.330000  
  325 to 349 months             6           73,826,891.97       4.66  110  5.4010    1.284405  
350 months or greater          94          875,261,928.80      55.27  101  5.2530    1.375011  

        Totals                128        1,583,732,315.58     100.00   98  5.2014    1.500909  
                                                                              
                                                          [Enlarge/Download Table]
                                                                                                                    
                                                                                                                     

                            Age of Most Recent NOI                                                                   

          Age of Most              # of            Scheduled           % of       WAM        WAC           Weighted  
           Recent NOI              Loans            Balance            Agg.       (2)                    Avg DSCR (1)
                                                                       Bal.                                          
                                                                                                                     
   Underwriter's Information        84        1,196,800,394.94        75.57        97       5.1777         1.451912  
         1 year or less             37          361,074,323.36        22.80       104       5.2681         1.672772  
          1 to 2 years               7           25,857,597.28         1.63       108       5.3691         1.368828  
       2 years or greater            0                    0.00         0.00         0       0.0000         0.000000  

             Totals                128        1,583,732,315.58       100.00        98       5.2014         1.500909  
<FN>                                                                                                                 

(1) Debt Service Coverage Ratios are updated periodically as new NOI figures                                         
become available from borrowers on an asset level. In all cases the most current                                     
DSCR provided by the Servicer is used. To the extent that no DSCR is provided by                                     
the Servicer, information from the offering document is used. The Trustee makes                                      
no representations as to the accuracy of the data provided by the borrower for                                       
this calculation.                                                                                                    
(2) Anticipated Remaining Term and WAM are each calculated based upon the term                                       
from the current month to the earlier of the Anticipated Repayment Date, if                                          
applicable, and the maturity date.                                                                                   

(3) Data in this table was calculated by allocating pro-rata the current loan                                        
information to the properties based upon the Cut-off Date Balance of the related                                     
mortgage loan as disclosed in the offering document.                                                                 
Note: (i) "Scheduled Balance" has the meaning assigned thereto in the CMSA Standard Information Package.             

</FN>                                                                                                                
                                                                               
                                                         [Enlarge/Download Table]
                                                                                                       
                                                                                                       

                     Current Mortgage Loan and Property Stratification Tables                          
                                              Group 1                                                  

                          Scheduled Balance                                                            

       Scheduled               # of           Scheduled            % of       WAM   WAC      Weighted  
        Balance                Loans           Balance             Agg.       (2)          Avg DSCR (1)
                                                                   Bal.                                
                                                                                                       
    999,999 or less              2            1,982,248.67         0.13       112  5.7349    1.552054  
 1,000,000 to 1,999,999          5            7,549,302.29         0.48       113  5.4179    1.648622  
 2,000,000 to 2,999,999         19           46,149,456.86         2.91       108  5.4548    1.402240  
 3,000,000 to 3,999,999         13           46,567,162.49         2.94       106  5.4979    1.449010  
 4,000,000 to 4,999,999         11           49,232,929.74         3.11       111  5.3058    1.587209  
 5,000,000 to 7,499,999         13           78,635,886.12         4.97       108  5.5258    1.419327  
 7,500,000 to 9,999,999         13          114,777,608.22         7.25       114  5.2651    1.478775  
10,000,000 to 14,999,999        15          195,425,036.70        12.34        99  5.2203    1.470189  
15,000,000 to 19,999,999         5           85,204,866.19         5.38       107  5.2060    1.389926  
20,000,000 to 29,999,999         2           50,720,000.00         3.20       113  5.1864    1.791767  
30,000,000 to 49,999,999         2           67,572,503.68         4.27        83  4.9121    1.835181  
50,000,000 to 99,999,999         4          281,956,702.24        17.80        80  5.1561    1.670654  
 100,000,000 or greater          3          330,000,000.00        20.84       103  5.0921    1.371812  

         Totals                107        1,355,773,703.20        85.61        99  5.2022    1.513210  
                                                                              
                                                                  [Download Table]
                                                                              
                                                                              

                State  (3)                                                    

    State        # of            Scheduled     % of  WAM   WAC      Weighted  
                 Props            Balance      Agg.  (2)          Avg DSCR (1)
                                               Bal.                           
                                                                              
   Arizona         8           39,843,298.18   2.52  100  5.3466    1.292993  
  California      20          283,468,926.83  17.90   86  5.0949    1.545545  
   Colorado        2           14,376,513.77   0.91  114  5.3510    1.262524  
 Connecticut       1           24,000,000.00   1.52  115  5.1300    2.150000  
   Delaware        1           14,700,000.00   0.93  114  5.3170    1.290000  
   Florida         9           85,761,512.44   5.42  112  5.3995    1.486329  
   Georgia         6          115,772,327.76   7.31   59  5.1235    1.332406  
   Illinois        4           32,371,348.75   2.04   89  5.1639    1.252440  
     Iowa          2            8,268,329.37   0.52  107  5.6156    1.558800  
   Maryland        4          125,439,914.76   7.92  119  5.1567    1.544102  
Massachusetts      2           22,440,773.95   1.42  114  5.1271    1.336174  
   Michigan        3            3,530,000.00   0.22   54  5.3560    1.860000  
    Nevada         2           28,150,000.00   1.78  114  5.1794    1.411249  
New Hampshire      1           11,500,000.00   0.73  114  5.0770    1.290000  
  New Jersey       2           17,566,583.45   1.11  114  5.2178    1.602117  
   New York        4          190,134,403.16  12.01  113  5.2974    1.291213  
North Carolina     4           18,776,721.54   1.19  105  5.2769    1.782916  
     Ohio          2           19,063,994.29   1.20   77  5.2658    1.453843  
 Pennsylvania      8           36,305,155.75   2.29  111  5.3020    1.458341  
 Puerto Rico       1           35,250,000.00   2.23   53  4.6940    2.289237  
South Carolina     2            6,460,186.75   0.41  115  5.3572    1.341305  
 South Dakota      1            8,050,000.00   0.51  113  5.4750    1.442748  
  Tennessee        4           26,923,500.00   1.70  112  5.4374    1.647483  
    Texas         14           34,971,837.78   2.21  106  5.2707    1.443539  
     Utah          1           18,350,871.90   1.16  115  4.9900    1.416368  
   Virginia        4           87,194,861.65   5.51  108  5.0965    1.999403  
  Washington      15           44,883,943.23   2.83  107  5.5567    1.479574  
  Wisconsin        1            2,218,697.89   0.14  (6)  5.2350    1.318612  

    Totals       128        1,355,773,703.20  85.61   99  5.2022    1.513210  
                                                                              
                                                          [Enlarge/Download Table]
                                                                                        
                                                                                        

               Debt Service Coverage Ratio  (1)                                         

  Debt Service             # of            Scheduled     % of  WAM   WAC      Weighted  
 Coverage Ratio            Loans            Balance      Agg.  (2)          Avg DSCR (1)
                                                         Bal.                           
                                                                                        
  1.19 or less               5           21,565,442.49   1.36  113  5.4234    1.116058  
  1.20 to 1.24              15          198,095,056.70  12.51  106  5.2682    1.219832  
  1.25 to 1.29              16          104,918,770.09   6.62  114  5.3765    1.278941  
  1.30 to 1.34              14          200,987,273.83  12.69   83  5.2000    1.323897  
  1.35 to 1.39               7          170,763,610.84  10.78   85  5.0449    1.388697  
  1.40 to 1.49              15          191,168,510.47  12.07  109  5.3212    1.436590  
  1.50 to 1.59              11          168,069,198.98  10.61  118  5.2051    1.514829  
  1.60 to 1.69               6           24,630,245.54   1.56  114  5.3245    1.657577  
  1.70 to 1.79               2           10,523,927.69   0.66  114  5.3984    1.780305  
  1.80 to 1.89               4           21,693,355.30   1.37   73  5.3596    1.858256  
  1.90 to 1.99               1           55,200,000.00   3.49   54  5.0670    1.948635  
2.00 or greater             11          188,158,311.27  11.88  100  5.0262    2.188497  

     Totals                107        1,355,773,703.20  85.61   99  5.2022    1.513210  
                                                                              
                                                          [Enlarge/Download Table]
                                                                                     
                                                                                     

                  Property Type  (3)                                                 

    Property            # of            Scheduled     % of  WAM   WAC      Weighted  
      Type              Props            Balance      Agg.  (2)          Avg DSCR (1)
                                                      Bal.                           
                                                                                     
   Industrial             9           80,908,714.35   5.11  110  5.2435    1.514124  
    Lodging               3          120,803,981.73   7.63  119  5.1648    1.514397  
   Mixed Use              2           28,784,403.16   1.82  114  5.2764    1.265535  
Mobile Home Park          1            3,628,329.37   0.23  100  5.9770    1.275041  
  Multi-Family            8          137,654,827.78   8.69   89  5.3128    1.597625  
     Office              32          541,747,711.96  34.21  102  5.1613    1.525177  
     Retail              52          382,759,549.70  24.17   87  5.1688    1.482006  
  Self Storage           21           59,486,185.15   3.76  114  5.4699    1.540391  

     Totals             128        1,355,773,703.20  85.61   99  5.2022    1.513210  
                                                                              
                                                                  [Download Table]
                                                                                
                                                                                

                   Note Rate                                                    

    Note Rate      # of            Scheduled     % of  WAM   WAC      Weighted  
                   Loans            Balance      Agg.  (2)          Avg DSCR (1)
                                                 Bal.                           
                                                                                
  4.749% or less     2           40,310,000.00   2.55   56  4.6822    2.324480  
 4.750% to 4.999%    7          148,260,251.01   9.36   85  4.9375    1.457629  
 5.000% or 5.249%   32          746,745,814.17  47.15   99  5.1392    1.512409  
 5.250% to 5.499%   35          244,355,539.09  15.43  107  5.3430    1.508273  
 5.500% to 5.749%   23          148,270,789.10   9.36  110  5.5642    1.397664  
5.750% or greater    8           27,831,309.83   1.76  111  5.8914    1.314722  

      Totals       107        1,355,773,703.20  85.61   99  5.2022    1.513210  
                                                                              
                                                                  [Download Table]
                                                                                   
                                                                                   

                      Seasoning                                                    

     Seasoning        # of            Scheduled     % of  WAM   WAC      Weighted  
                      Loans            Balance      Agg.  (2)          Avg DSCR (1)
                                                    Bal.                           
                                                                                   
  4 months or less      9           66,126,248.63   4.18  100  5.2244    1.301789  
   5 to 12 months      96        1,283,800,427.31  81.06   99  5.1988    1.525110  
13 months or greater    2            5,847,027.26   0.37   60  5.6954    1.291574  

       Totals         107        1,355,773,703.20  85.61   99  5.2022    1.513210  
                                                                              
                                                          [Enlarge/Download Table]
                                                                                             
                                                                                             

         Anticipated Remaining Term (ARD and Balloon Loans)                                  

     Anticipated              # of            Scheduled       % of  WAM   WAC      Weighted  
  Remaining Term (2)          Loans            Balance        Agg.  (2)          Avg DSCR (1)
                                                              Bal.                           
                                                                                             
  59 months or less             8          229,584,140.57    14.50   53  5.0499    1.652224  
   60 to 79 months              6          157,542,335.91     9.95   76  5.0171    1.410161  
   80 to 99 months              1            4,950,000.00     0.31   90  5.1470    1.202394  
  100 to 109 months             3           91,076,891.97     5.75  108  5.1481    1.956628  
  110 to 119 months            88          762,620,334.75    48.15  114  5.3035    1.443616  
120 months or greater           1          110,000,000.00     6.95  120  5.1300    1.500000  

        Totals                107        1,355,773,703.20    85.61   99  5.2022    1.513210  
                                                                              
                                                          [Enlarge/Download Table]
                                                                                              
                                                                                              

         Remaining Amortization Term (ARD and Balloon Loans)                                  

Remaining Amortization        # of            Scheduled        % of  WAM   WAC      Weighted  
         Term                 Loans            Balance         Agg.  (2)          Avg DSCR (1)
                                                               Bal.                           
                                                                                              
    Interest Only              15          452,789,404.00     28.59   89  5.0948    1.736020  
  299 months or less           10          154,434,176.05      9.75  117  5.1774    1.500681  
  300 to 324 months             1            2,619,914.76      0.17  114  5.4700    1.330000  
  325 to 349 months             5           34,326,891.97      2.17  111  5.5714    1.300982  
350 months or greater          76          711,603,316.42     44.93  101  5.2571    1.385069  

        Totals                107        1,355,773,703.20     85.61   99  5.2022    1.513210  
                                                                              
                                                          [Enlarge/Download Table]
                                                                                                          
                                                                                                           

                            Age of Most Recent NOI                                                         

          Age of Most              # of            Scheduled           % of       WAM   WAC      Weighted  
           Recent NOI              Loans            Balance            Agg.       (2)          Avg DSCR (1)
                                                                       Bal.                                
                                                                                                           
   Underwriter's Information        73        1,090,551,953.29        68.86        96  5.1758    1.470688  
         1 year or less             30          253,646,992.67        16.02       112  5.3051    1.697177  
          1 to 2 years               4           11,574,757.24         0.73        99  5.4369    1.488192  
       2 years or greater            0                    0.00         0.00         0  0.0000    0.000000  

             Totals                107        1,355,773,703.20        85.61        99  5.2022    1.513210  
<FN>                                                                                                       

(1) Debt Service Coverage Ratios are updated periodically as new NOI figures                               
become available from borrowers on an asset level. In all cases the most current                           
DSCR provided by the Servicer is used. To the extent that no DSCR is provided by                           
the Servicer, information from the offering document is used. The Trustee makes                            
no representations as to the accuracy of the data provided by the borrower for                             
this calculation.                                                                                          
(2) Anticipated Remaining Term and WAM are each calculated based upon the term                             
from the current month to the earlier of the Anticipated Repayment Date, if                                
applicable, and the maturity date.                                                                         

(3) Data in this table was calculated by allocating pro-rata the current loan                              
information to the properties based upon the Cut-off Date Balance of the related                           
mortgage loan as disclosed in the offering document.                                                       

</FN>                                                                                                      
                                                                               
                                                         [Enlarge/Download Table]
                                                                                                       
                                                                                                       

                     Current Mortgage Loan and Property Stratification Tables                          
                                              Group 2                                                  

                          Scheduled Balance                                                            

       Scheduled               # of           Scheduled            % of       WAM   WAC      Weighted  
        Balance                Loans           Balance             Agg.       (2)          Avg DSCR (1)
                                                                   Bal.                                
                                                                                                       
   2,999,999 or less             4            9,547,261.65         0.60        99  5.5839    1.501098  
 3,000,000 to 3,999,999          4           14,013,306.13         0.88       113  5.2884    1.421436  
 4,000,000 to 4,999,999          2            8,700,000.00         0.55       114  5.1298    1.262592  
 5,000,000 to 7,499,999          3           18,950,000.00         1.20        90  5.0203    1.757438  
 7,500,000 to 9,999,999          1            8,475,532.62         0.54       115  5.3600    1.170000  
10,000,000 to 19,999,999         5           83,972,511.98         5.30        89  5.1529    1.595568  
 20,000,000 or greater           2           84,300,000.00         5.32        93  5.2121    1.222171  

         Totals                 21          227,958,612.38        14.39        94  5.1970    1.427749  
                                                                              
                                                                  [Download Table]
                                                                            
                                                                            

                State  (3)                                                  

    State        # of          Scheduled     % of  WAM   WAC      Weighted  
                 Props          Balance      Agg.  (2)          Avg DSCR (1)
                                             Bal.                           
                                                                            
  California       3         27,082,330.69   1.71   58  4.9323    2.281460  
   Georgia         1          3,420,555.77   0.22  114  5.3500    1.380000  
   Michigan        1          8,475,532.62   0.54  115  5.3600    1.170000  
   Missouri        1         44,800,000.00   2.83   78  5.1760    1.180000  
   Nebraska        1         15,200,000.00   0.96  114  5.1200    1.660000  
    Nevada         1         17,000,000.00   1.07  111  5.5330    1.620000  
North Carolina     1          5,800,000.00   0.37  116  5.1000    1.285133  
     Ohio          5         32,337,715.98   2.04   82  5.1505    1.261760  
 Pennsylvania      1         39,500,000.00   2.49  109  5.2530    1.270000  
    Texas          3         25,782,546.36   1.63  116  5.1321    1.217176  
     Utah          1          2,828,179.31   0.18   64  5.7660    1.408770  
  Washington       2          5,731,751.65   0.36  111  5.4712    1.678421  

    Totals        21        227,958,612.38  14.39   94  5.1970    1.427749  
                                                                              
                                                          [Enlarge/Download Table]
                                                                                        
                                                                                        

               Debt Service Coverage Ratio  (1)                                         

  Debt Service             # of            Scheduled     % of  WAM   WAC      Weighted  
 Coverage Ratio            Loans            Balance      Agg.  (2)          Avg DSCR (1)
                                                         Bal.                           
                                                                                        
  1.19 or less               4           72,810,328.62   4.60   92  5.2120    1.184140  
  1.20 to 1.24               2           21,287,715.98   1.34   66  5.0886    1.247566  
  1.25 to 1.29               5           56,847,750.36   3.59  111  5.2041    1.270699  
  1.30 to 1.34               1            5,750,000.00   0.36  113  5.1500    1.316815  
  1.35 to 1.49               3            8,635,486.73   0.55   98  5.4171    1.417061  
  1.50 to 1.59               0                    0.00   0.00    0  0.0000    0.000000  
1.60 or greater              6           62,627,330.69   3.95   89  5.1839    1.926430  

     Totals                 21          227,958,612.38  14.39   94  5.1970    1.427749  
                                                                              
                                                          [Enlarge/Download Table]
                                                                                     
                                                                                     

                  Property Type  (3)                                                 

    Property            # of            Scheduled     % of  WAM   WAC      Weighted  
      Type              Props            Balance      Agg.  (2)          Avg DSCR (1)
                                                      Bal.                           
                                                                                     
Mobile Home Park          2            4,669,082.34   0.29  114  5.4182    1.690192  
  Multi-Family           19          223,289,530.04  14.10   94  5.1923    1.422261  

     Totals              21          227,958,612.38  14.39   94  5.1970    1.427749  
                                                                              
                                                                  [Download Table]
                                                                              
                                                                              

                   Note Rate                                                  

    Note Rate      # of          Scheduled     % of  WAM   WAC      Weighted  
                   Loans          Balance      Agg.  (2)          Avg DSCR (1)
                                               Bal.                           
                                                                              
  4.999% or less     3         28,697,750.36   1.81   61  4.8722    2.172659  
 5.000% or 5.249%   10        120,359,263.63   7.60   92  5.1451    1.278577  
 5.250% to 5.499%    3         51,396,088.39   3.25  110  5.2771    1.260830  
 5.500% to 5.749%    3         22,395,000.00   1.41  111  5.5795    1.611224  
5.750% or greater    2          5,110,510.00   0.32   85  5.7593    1.632617  

      Totals        21        227,958,612.38  14.39   94  5.1970    1.427749  
                                                                              
                                                                  [Download Table]
                                                                                
                                                                                

                     Seasoning                                                  

     Seasoning       # of          Scheduled     % of  WAM   WAC      Weighted  
                     Loans          Balance      Agg.  (2)          Avg DSCR (1)
                                                 Bal.                           
                                                                                
  4 months or less     2         23,284,796.00   1.47  116  5.1556    1.221206  
5 months or greater   19        204,673,816.38  12.92   92  5.2017    1.451246  

       Totals         21        227,958,612.38  14.39   94  5.1970    1.427749  
                                                                              
                                                          [Enlarge/Download Table]
                                                                                             
                                                                                             

         Anticipated Remaining Term (ARD and Balloon Loans)                                  

     Anticipated              # of            Scheduled       % of  WAM   WAC      Weighted  
  Remaining Term (2)          Loans            Balance        Agg.  (2)          Avg DSCR (1)
                                                              Bal.                           
                                                                                             
  59 months or less             3           41,687,715.98     2.63   53  4.9486    1.883244  
   60 to 79 months              2           47,628,179.31     3.01   77  5.2110    1.193584  
   80 to 99 months              0                    0.00     0.00    0  0.0000    0.000000  
  100 to 119 months            16          138,642,717.09     8.75  112  5.2668    1.371232  
120 months or greater           0                    0.00     0.00    0  0.0000    0.000000  

        Totals                 21          227,958,612.38    14.39   94  5.1970    1.427749  
                                                                              
                                                          [Enlarge/Download Table]
                                                                                              
                                                                                              

         Remaining Amortization Term (ARD and Balloon Loans)                                  

Remaining Amortization        # of            Scheduled        % of  WAM   WAC      Weighted  
         Term                 Loans            Balance         Agg.  (2)          Avg DSCR (1)
                                                               Bal.                           
                                                                                              
    Interest Only               2           24,800,000.00      1.57   53  4.8570    2.315645  
  355 months or less           19          203,158,612.38     12.83   99  5.2385    1.319361  
356 months or greater           0                    0.00      0.00    0  0.0000    0.000000  

        Totals                 21          227,958,612.38     14.39   94  5.1970    1.427749  
                                                                              
                                                          [Enlarge/Download Table]
                                                                                                          
                                                                                                           

                            Age of Most Recent NOI                                                         

          Age of Most              # of            Scheduled           % of       WAM   WAC      Weighted  
           Recent NOI              Loans            Balance            Agg.       (2)          Avg DSCR (1)
                                                                       Bal.                                
                                                                                                           
   Underwriter's Information        11          106,248,441.65         6.71       102  5.1978    1.259194  
         1 year or less              7          107,427,330.69         6.78        84  5.1806    1.615149  
          1 to 2 years               3           14,282,840.04         0.90       115  5.3142    1.272095  
       2 years or greater            0                    0.00         0.00         0  0.0000    0.000000  

             Totals                 21          227,958,612.38        14.39        94  5.1970    1.427749  
<FN>                                                                                                       

(1) Debt Service Coverage Ratios are updated periodically as new NOI figures                               
become available from borrowers on an asset level. In all cases the most current                           
DSCR provided by the Servicer is used. To the extent that no DSCR is provided by                           
the Servicer, information from the offering document is used. The Trustee makes                            
no representations as to the accuracy of the data provided by the borrower for                             
this calculation.                                                                                          
(2) Anticipated Remaining Term and WAM are each calculated based upon the term                             
from the current month to the earlier of the Anticipated Repayment Date, if                                
applicable, and the maturity date.                                                                         

(3) Data in this table was calculated by allocating pro-rata the current loan                              
information to the properties based upon the Cut-off Date Balance of the related                           
mortgage loan as disclosed in the offering document.                                                       

</FN>                                                                                                      
                                                                               
                                                          [Enlarge/Download Table]
                                                                                          
                                                                                          

                  Mortgage Loan Detail                                                    

  Loan           Property                                 Interest     Principal     Gross
 Number    ODCR  Type (1)     City               State    Payment       Payment     Coupon
                                                                                          
 3207370    1       OF     Costa Mesa             CA       466,384.09         0.00  4.924%
 3211190    2       LO     Baltimore              MD       485,925.00         0.00  5.130%
 3204104    3       OF     New York               NY       494,684.55         0.00  5.222%
 3203668    4       RT     Columbus               GA       412,766.33   101,869.09  5.080%
 3194776    5       OF     Arlington              VA       349,611.11         0.00  5.075%
 3204013    6       MF     Santa Clarita          CA       240,851.40         0.00  5.067%
 3201894    7       MF     New York               NY       249,097.92         0.00  5.510%
 3205945    8       MF     Kansas City            MO       199,678.58         0.00  5.176%
 3211224    9       MF     Jenkintown             PA       178,674.96         0.00  5.253%
 3198181    10      RT     Barceloneta            PR       142,482.46         0.00  4.694%
 3208063    11      IN     Jacksonville           FL       143,491.96    33,966.56  5.150%
 3201036    12      OF     San Juan Capistrano    CA       120,497.55         0.00  5.237%
 3203460    13      OF     West Hartford          CT       106,020.00         0.00  5.130%
 3203338    14      RT     Hendersen              NV        84,087.50         0.00  5.250%
 3204237    15      OF     Cottonwood Heights     UT        78,977.56    29,063.84  4.990%
883208030   16      RT     Sandusky               OH        81,178.17    18,330.01  5.260%
 3198264    17      MF     Houston                TX        77,901.57         0.00  5.174%
 3204005    18      MF     Los Angeles            CA        72,774.05         0.00  4.857%
883198165   19      MF     Las Vegas              NV        80,996.97         0.00  5.533%
 3197456    20      MF     Centerville            OH        73,997.34    18,126.62  5.083%
 3204062    21      MF     Bellevue               NE        67,015.11         0.00  5.120%
 3208105    22      RT     East Norriton          PA        68,324.00         0.00  5.220%
 3211182    23      RT     Various                AZ        69,612.57         0.00  5.336%
 3204484    24      OF     Goodyear               AZ        67,454.64    15,329.47  5.245%
 3205366    25      RT     Various              Various     68,259.24         0.00  5.356%
 3201100    26      OF     Santa Fe Springs       CA        66,293.16         0.00  5.230%
 3211208    27      MU     Wilmington             DE        67,304.36         0.00  5.317%
 3206216    28      MU     New York               NY        63,544.94    14,589.52  5.234%
 3203351    29      OF     Hoffman Estates        IL        62,675.28         0.00  5.162%
 3201001    30      OF     Anaheim Hills          CA        63,770.36         0.00  5.314%
883211257   31      RT     Montgomery             NY        60,067.15         0.00  5.148%
 3208097    32      RT     Hyannis                MA        59,810.63         0.00  5.145%
 3210770    33      RT     Niles                  IL        55,238.30         0.00  5.051%
883204658   34      OF     Tallahassee            FL        54,435.14         0.00  5.380%
 3207818    35      RT     Hillsborough           NH        50,276.40         0.00  5.077%
 3204858    36      RT     Atlanta                GA        47,149.64    11,475.66  5.098%
 3203346    37      RT     Westminster            CO        47,016.67         0.00  5.250%
883205473   38      OF     Chattanooga            TN        45,371.08         0.00  5.250%
883205440   39      OF     Riverside              CA        46,151.25         0.00  5.400%
 3204070    40      OF     Morristown             NJ        42,526.93    10,209.19  5.130%
883204591   41      IN     Henderson              NV        41,463.45         0.00  5.042%
 3201761    42      MF     Knoxville              TN        44,765.79         0.00  5.507%
 3198173    43      OF     Norristown             PA        43,321.47         0.00  5.352%
 3204948    44      SS     Amarillo               TX        39,224.61    10,016.89  4.974%
 3211216    45      RT     Hanson                 MA        39,306.88     9,558.60  5.100%
 3205010    46      RT     San Clemente           CA        17,820.08     4,598.26  4.950%
 3204997    47      RT     San Clemente           CA        13,152.91     3,393.96  4.950%
 3205028    48      RT     San Clemente           CA         5,727.88     1,478.01  4.950%
883207792   49      MF     Livonia                MI        39,158.39     8,471.52  5.360%
883204823   50      OF     Puyallup               WA        39,716.54     7,987.65  5.560%
 3204617    51      OF     Houston                TX        36,505.94         0.00  5.170%
883204252   52      OF     Tallahassee            FL        37,799.25         0.00  5.386%
 3204161    53      IN     Frederick              MD        35,366.66         0.00  5.058%
 3198496    54      OF     Sioux Falls            SD        37,952.40         0.00  5.475%
 3211232    55      RT     Voorhees               NJ        36,483.58     8,060.10  5.324%
883194800   56      RT     Phoenix                AZ        35,505.46     7,522.70  5.530%
 3203973    57      MF     Los Angeles            CA        30,949.88         0.00  4.857%
 3202751    58      IN     Torrance               CA        33,925.97         0.00  5.549%
883206331   59      RT     Orlando                FL        33,970.01     6,471.90  5.658%
883205887   60      LO     Tampa                  FL        30,376.07     8,839.93  5.640%
883205176   61      RT     Various                WA        30,979.77     5,326.56  5.913%
883204666   62      SS     Fort Myers             FL        28,590.79     5,956.36  5.477%
883204757   63      IN     Miramar                FL        29,089.41     5,597.86  5.664%
 3201365    64      MF     Hollywood              CA        26,651.32         0.00  5.212%
883206307   65      IN     Spokane Valley         WA        27,640.76     5,786.87  5.450%
 3204351    66      MF     Greensboro             NC        25,471.67         0.00  5.100%
883204625   67      MF     Elyria                 OH        25,499.65         0.00  5.150%
883204831   68      SS     Port Orange            FL        27,695.40         0.00  5.956%
 3201381    69      MF     Los Angeles            CA        24,555.82         0.00  5.355%
883207438   70      OF     Charlotte              NC        25,396.22     4,764.83  5.694%
 3203908    71      RT     Gastonia               NC        19,396.67         0.00  4.600%
 3204385    72      IN     Anaheim                CA        21,939.09         0.00  5.147%
 3201498    73      SS     Baltimore              MD        23,384.85         0.00  5.778%
 3203718    74      SS     Encinitas              CA        20,636.79         0.00  5.099%
 3205085    75      RT     Santa Maria            CA        20,597.01     4,856.27  5.172%
883202389   76      RT     Davenport              IA        21,308.30         0.00  5.333%
883205481   77      LO     Concord                NC        21,043.03     6,802.60  5.353%
883206158   78      OF     Houston                TX        20,909.50         0.00  5.325%
883203858   79      MF     Arlington              TX        19,361.22         0.00  5.110%
883205820   80      IN     Spokane Valley         WA        20,170.28     4,222.86  5.450%
883204641   81      MF     Elyria                 OH        19,069.31         0.00  5.150%
 3201720    82      MF     Franklin               TN        19,134.53         0.00  5.507%
 3204914    83      RT     Hilton Head Island     SC        18,086.78         0.00  5.251%
 3208071    84      RT     Stallings              NC        18,912.42     3,819.22  5.508%
883205382   85      RT     Aurora                 CO        19,245.16     3,755.85  5.615%
883205861   86      OF     Various                PA        18,517.59     3,953.63  5.404%
 3204516    87      MF     Bryan                  TX        16,696.22     4,272.98  4.969%
 3197796    88      SS     Rancho Cordova         CA        18,151.79         0.00  5.405%
883206273   89      SS     Various                WA        18,845.59     5,175.40  5.800%
883203478   90      RT     Burlington             WA        16,653.80         0.00  5.227%
883181161   91      MH     Davenport              IA        18,692.25     3,447.17  5.977%
883205689   92      RT     Lake Stevens           WA        16,213.00         0.00  5.230%
883205333   93      MF     Union City             GA        15,774.19     3,446.41  5.350%
883204955   94      RT     Chicago                IL        16,764.32     3,173.16  5.703%
883203510   95      OF     Knoxville              TN        16,790.83         0.00  5.714%
883204633   96      MF     Lorain                 OH        14,856.32         0.00  5.150%
883195823   97      MF     Burien                 WA        16,522.07         0.00  5.736%
 3204328    98      SS     Norfolk                VA        13,987.89         0.00  5.240%
 3198488    99      RT     Seagoville             TX         9,805.82     3,054.93  5.472%
 3201837   100      RT     Mansfield              TX         4,669.44     1,454.72  5.472%
883208089  101      RT     Yakima                 WA        14,679.04     2,824.75  5.621%
883203932  102      SS     Alpharetta             GA        13,915.34     2,979.31  5.426%
 3204872   103      RT     Lake Worth             FL        13,600.42     2,855.41  5.417%
 3207800   104      MF     Philadelphia           PA        12,946.52     2,876.12  5.298%
883202728  105      MF     Salt Lake City         UT        14,055.32     2,605.49  5.766%
883204021  106      IN     Stockbridge            GA        12,459.42         0.00  5.300%
883205812  107      RT     Canton                 GA        13,233.90         0.00  5.692%
883205523  108      OF     Towson                 MD        12,355.86     3,254.71  5.470%
883206000  109      RT     Visalia                CA        12,015.98     2,462.64  5.500%
 3203833   110      SS     Ashland                VA        11,562.13     2,428.92  5.442%
883206315  111      SS     Ridgeland              SC        11,726.57     2,372.83  5.530%
883205879  112      OF     Plymouth Meeting       PA        11,388.32     2,431.48  5.404%
883207446  113      MH     Federal Way            WA        10,492.96     2,537.83  5.100%
883203635  114      MF     Dalton                 GA        11,773.94     2,210.47  5.736%
883205994  115      SS     Fort Mohave            AZ        10,971.42         0.00  5.480%
883202736  116      MH     Upland                 CA        11,313.12     2,110.52  5.751%
883207529  117      OF     Menasha                WI        10,016.86     3,362.54  5.235%
883198363  118      SS     Camas                  WA        11,336.55     1,981.26  5.922%
 3204765   119      OF     Evanston               IL         9,293.32     2,370.61  4.989%
883203691  120      MF     Fairview Park          OH        10,079.74         0.00  5.710%
883205663  121      SS     Fontana                CA         9,797.29         0.00  5.550%
883206018  122      OF     Kennewick              WA         9,230.55     2,098.52  5.257%
 3208337   123      RT     Houston                TX         9,513.56         0.00  5.524%
 3204492   124      OF     Santa Ana              CA         9,000.84     2,042.00  5.249%
883203874  125      SS     SeaTac                 WA         9,482.12     1,930.19  5.545%
883204575  126      SS     Dallas                 TX         5,827.19     1,117.10  5.673%
883203700  127      SS     Addison                TX         5,217.23       949.70  5.809%
883203742  128      OF     Plano                  TX         5,131.03       862.55  5.997%

Totals                                                   7,094,992.55   458,892.11        
                                                                              
                                                          [Enlarge/Download Table]
                                                                                          
                                                                                          

   Loan    Anticipated   Maturity    Neg.       Beginning        Ending        Paid Thru  
  Number    Repayment      Date     Amort       Scheduled       Scheduled        Date     
               Date                 (Y/N)        Balance         Balance                  
                                                                                          

 3207370       N/A      04/01/2012    N      110,000,000.00    110,000,000.00   01/01/2006
 3211190       N/A      01/01/2016    N      110,000,000.00    110,000,000.00   01/01/2006
 3204104    07/01/2015  08/01/2035    N      110,000,000.00    110,000,000.00   01/01/2006
 3203668       N/A      06/01/2010    N       94,358,571.33     94,256,702.24   01/01/2006
 3194776       N/A      02/01/2015    N       80,000,000.00     80,000,000.00   01/01/2006
 3204013       N/A      07/01/2010    N       55,200,000.00     55,200,000.00   12/01/2005
 3201894       N/A      05/01/2015    N       52,500,000.00     52,500,000.00   01/01/2006
 3205945       N/A      07/01/2012    N       44,800,000.00     44,800,000.00   01/01/2006
 3211224       N/A      02/01/2015    N       39,500,000.00     39,500,000.00   01/01/2006
 3198181       N/A      06/01/2010    N       35,250,000.00     35,250,000.00   12/01/2005
 3208063       N/A      08/01/2015    N       32,356,470.24     32,322,503.68   01/01/2006
 3201036       N/A      05/01/2015    N       26,720,000.00     26,720,000.00   01/01/2006
 3203460       N/A      08/01/2015    N       24,000,000.00     24,000,000.00   12/01/2005
 3203338       N/A      07/01/2015    N       18,600,000.00     18,600,000.00   12/01/2005
 3204237       N/A      08/01/2015    N       18,379,935.74     18,350,871.90   12/01/2005
883208030      N/A      08/01/2012    N       17,922,324.30     17,903,994.29   12/07/2005
 3198264       N/A      09/01/2015    N       17,484,796.00     17,484,796.00   12/01/2005
 3204005       N/A      06/01/2010    N       17,400,000.00     17,400,000.00   12/01/2005
883198165      N/A      04/01/2015    N       17,000,000.00     17,000,000.00   01/01/2006
 3197456       N/A      07/01/2010    N       16,905,842.60     16,887,715.98   01/01/2006
 3204062       N/A      07/01/2015    N       15,200,000.00     15,200,000.00   12/01/2005
 3208105       N/A      09/01/2015    N       15,200,000.00     15,200,000.00   01/01/2006
 3211182    07/01/2015  07/01/2033    N       15,150,000.00     15,150,000.00   01/01/2006
 3204484       N/A      08/01/2012    N       14,935,065.05     14,919,735.58   01/01/2006
 3205366    07/01/2010  07/01/2030    N       14,800,000.00     14,800,000.00   01/01/2006
 3201100       N/A      05/01/2015    N       14,720,000.00     14,720,000.00   01/01/2006
 3211208       N/A      07/01/2015    N       14,700,000.00     14,700,000.00   01/01/2006
 3206216       N/A      07/01/2015    N       14,098,992.68     14,084,403.16   12/01/2005
 3203351       N/A      09/01/2010    N       14,100,000.00     14,100,000.00   01/01/2006
 3201001       N/A      05/01/2015    N       13,936,000.00     13,936,000.00   01/01/2006
883211257      N/A      07/01/2015    N       13,550,000.00     13,550,000.00   01/01/2006
 3208097    07/15/2015  08/15/2015    N       13,500,000.00     13,500,000.00   01/01/2006
 3210770       N/A      09/01/2015    N       12,700,000.00     12,700,000.00   12/01/2005
883204658      N/A      06/01/2015    N       11,750,000.00     11,750,000.00   01/01/2006
 3207818       N/A      07/01/2015    N       11,500,000.00     11,500,000.00   12/01/2005
 3204858       N/A      07/01/2010    N       10,740,373.62     10,728,897.96   01/01/2006
 3203346       N/A      07/01/2015    N       10,400,000.00     10,400,000.00   12/01/2005
883205473      N/A      07/01/2015    N       10,036,000.00     10,036,000.00   01/01/2006
883205440      N/A      07/01/2015    N        9,925,000.00      9,925,000.00   01/01/2006
 3204070       N/A      07/01/2015    N        9,626,921.60      9,616,712.41   12/01/2005
883204591      N/A      08/01/2015    N        9,550,000.00      9,550,000.00   01/01/2006
 3201761       N/A      04/01/2015    N        9,440,000.00      9,440,000.00   12/01/2005
 3198173       N/A      06/01/2015    N        9,400,000.00      9,400,000.00   01/01/2006
 3204948       N/A      08/01/2015    N        9,157,853.48      9,147,836.59   01/01/2006
 3211216       N/A      07/01/2015    N        8,950,332.55      8,940,773.95   01/01/2006
 3205010       N/A      08/01/2015    N        4,180,663.46      4,176,065.20   01/01/2006
 3204997       N/A      08/01/2015    N        3,085,727.79      3,082,333.83   01/01/2006
 3205028       N/A      08/01/2015    N        1,343,784.70      1,342,306.69   01/01/2006
883207792      N/A      08/01/2015    N        8,484,004.14      8,475,532.62   01/01/2006
883204823      N/A      06/01/2015    N        8,295,401.88      8,287,414.23   12/01/2005
 3204617       N/A      09/01/2015    N        8,200,000.00      8,200,000.00   12/01/2005
883204252      N/A      06/01/2015    N        8,150,000.00      8,150,000.00   01/01/2006
 3204161       N/A      07/01/2015    N        8,120,000.00      8,120,000.00   12/01/2005
 3198496       N/A      06/01/2015    N        8,050,000.00      8,050,000.00   12/01/2005
 3211232       N/A      07/01/2015    N        7,957,931.14      7,949,871.04   12/01/2005
883194800      N/A      12/01/2014    N        7,456,085.30      7,448,562.60   12/01/2005
 3203973       N/A      06/01/2010    N        7,400,000.00      7,400,000.00   12/01/2005
 3202751       N/A      08/01/2015    N        7,100,000.00      7,100,000.00   01/01/2006
883206331      N/A      08/01/2015    N        6,972,260.28      6,965,788.38   01/01/2006
883205887      N/A      07/01/2015    N        6,254,509.08      6,245,669.15   01/01/2006
883205176      N/A      07/01/2015    N        6,084,306.82      6,078,980.26   01/01/2006
883204666      N/A      06/01/2015    N        6,062,115.11      6,056,158.75   01/01/2006
883204757      N/A      06/01/2012    N        5,964,203.90      5,958,606.04   12/01/2005
 3201365       N/A      05/01/2015    N        5,938,205.00      5,938,205.00   01/01/2006
883206307      N/A      07/01/2015    N        5,889,714.56      5,883,927.69   01/01/2006
 3204351       N/A      09/01/2015    N        5,800,000.00      5,800,000.00   01/01/2006
883204625      N/A      06/01/2015    N        5,750,000.00      5,750,000.00   12/01/2005
883204831      N/A      06/01/2015    N        5,400,000.00      5,400,000.00   01/01/2006
 3201381       N/A      05/01/2015    N        5,325,199.00      5,325,199.00   01/01/2006
883207438      N/A      08/01/2015    N        5,179,554.08      5,174,789.25   01/01/2006
 3203908       N/A      07/01/2012    N        5,060,000.00      5,060,000.00   01/01/2006
 3204385       N/A      07/01/2013    N        4,950,000.00      4,950,000.00   01/01/2006
 3201498       N/A      06/01/2015    N        4,700,000.00      4,700,000.00   01/01/2006
 3203718       N/A      07/01/2015    N        4,700,000.00      4,700,000.00   01/01/2006
 3205085       N/A      07/01/2015    N        4,624,731.29      4,619,875.02   01/01/2006
883202389      N/A      06/01/2015    N        4,640,000.00      4,640,000.00   01/01/2006
883205481   07/01/2015  07/01/2030    N        4,565,115.18      4,558,312.58   01/01/2006
883206158      N/A      07/01/2015    N        4,560,000.00      4,560,000.00   01/01/2006
883203858      N/A      07/01/2015    N        4,400,000.00      4,400,000.00   01/01/2006
883205820      N/A      07/01/2015    N        4,297,899.80      4,293,676.94   01/01/2006
883204641      N/A      06/01/2015    N        4,300,000.00      4,300,000.00   12/01/2005
 3201720       N/A      04/01/2015    N        4,035,000.00      4,035,000.00   12/01/2005
 3204914       N/A      09/01/2015    N        4,000,000.00      4,000,000.00   01/01/2006
 3208071       N/A      09/01/2015    N        3,987,438.93      3,983,619.71   12/01/2005
883205382      N/A      07/01/2015    N        3,980,269.62      3,976,513.77   01/01/2006
883205861      N/A      07/01/2015    N        3,979,329.56      3,975,375.93   01/01/2006
 3204516       N/A      08/01/2015    N        3,902,023.34      3,897,750.36   12/01/2005
 3197796       N/A      07/01/2015    N        3,900,000.00      3,900,000.00   01/01/2006
883206273      N/A      07/01/2015    N        3,773,310.85      3,768,135.45   12/01/2005
883203478      N/A      05/01/2012    N        3,700,000.00      3,700,000.00   01/01/2006
883181161      N/A      05/01/2014    N        3,631,776.54      3,628,329.37   01/01/2006
883205689      N/A      07/01/2015    N        3,600,000.00      3,600,000.00   01/01/2006
883205333      N/A      07/01/2015    N        3,424,002.18      3,420,555.77   12/01/2005
883204955      N/A      06/01/2015    N        3,413,685.11      3,410,511.95   01/01/2006
883203510      N/A      05/01/2015    N        3,412,500.00      3,412,500.00   01/01/2006
883204633      N/A      06/01/2015    N        3,350,000.00      3,350,000.00   12/01/2005
883195823      N/A      01/01/2015    N        3,345,000.00      3,345,000.00   12/01/2005
 3204328       N/A      07/01/2015    N        3,100,000.00      3,100,000.00   12/01/2005
 3198488       N/A      06/01/2015    N        2,081,031.37      2,077,976.44   01/01/2006
 3201837       N/A      06/01/2015    N          990,967.36        989,512.64   01/01/2006
883208089      N/A      09/01/2010    N        3,032,667.23      3,029,842.48   01/01/2006
883203932      N/A      05/01/2015    N        2,978,206.72      2,975,227.41   01/01/2006
 3204872       N/A      09/01/2015    N        2,915,641.85      2,912,786.44   12/01/2005
 3207800       N/A      08/01/2015    N        2,837,799.75      2,834,923.63   01/01/2006
883202728      N/A      05/01/2011    N        2,830,784.80      2,828,179.31   12/01/2005
883204021      N/A      05/01/2015    N        2,730,000.00      2,730,000.00   01/01/2006
883205812      N/A      07/01/2015    N        2,700,000.00      2,700,000.00   01/01/2006
883205523      N/A      07/01/2015    N        2,623,169.47      2,619,914.76   01/01/2006
883206000      N/A      07/01/2015    N        2,537,097.45      2,534,634.81   01/01/2006
 3203833       N/A      07/01/2015    N        2,467,290.57      2,464,861.65   01/01/2006
883206315      N/A      07/01/2015    N        2,462,559.58      2,460,186.75   01/01/2006
883205879      N/A      07/01/2015    N        2,447,287.67      2,444,856.19   01/01/2006
883207446      N/A      08/01/2015    N        2,389,289.48      2,386,751.65   12/01/2005
883203635      N/A      05/01/2015    N        2,383,710.62      2,381,500.15   01/01/2006
883205994      N/A      07/01/2015    N        2,325,000.00      2,325,000.00   01/01/2006
883202736      N/A      05/01/2015    N        2,284,441.21      2,282,330.69   12/01/2005
883207529   07/19/2005  08/01/2015    N        2,222,060.43      2,218,697.89   01/01/2006
883198363      N/A      04/01/2015    N        2,223,071.49      2,221,090.23   01/01/2006
 3204765       N/A      07/01/2015    N        2,163,207.41      2,160,836.80   12/01/2005
883203691      N/A      05/01/2015    N        2,050,000.00      2,050,000.00   12/01/2005
883205663      N/A      07/01/2015    N        2,050,000.00      2,050,000.00   12/01/2005
883206018      N/A      07/01/2015    N        2,039,062.23      2,036,963.71   01/01/2006
 3208337       N/A      09/01/2015    N        2,000,000.00      2,000,000.00   12/01/2005
 3204492       N/A      08/01/2015    N        1,991,349.28      1,989,307.28   12/01/2005
883203874      N/A      05/01/2015    N        1,985,842.43      1,983,912.24   01/01/2006
883204575      N/A      06/01/2015    N        1,192,854.69      1,191,737.59   01/01/2006
883203700      N/A      05/01/2015    N        1,042,988.19      1,042,038.49   01/01/2006
883203742      N/A      05/01/2015    N          993,598.58        992,736.03   01/01/2006

 Totals                                    1,584,191,207.69  1,583,732,315.58             

                                                                              
                                                                  [Download Table]
                                                                      
                                                                      

     Loan         Appraisal          Appraisal         Res.       Mod.
    Number        Reduction          Reduction        Strat.      Code
                    Date               Amount          (2)        (3) 
                                                                      

   Totals                                   0.00                      

<FN>                                                                  

(1) Property Type Code                                                
MF  - Multi-Family                                                    
RT  - Retail                                                          
HC  - Health Care                                                     
IN  - Industrial                                                      
WH  - Warehouse                                                       
MH  - Mobile Home Park                                                
OF  - Office                                                          
MU  - Mixed Use                                                       
LO  - Lodging                                                         
SS  - Self Storage                                                    
OT  - Other                                                           

(2) Resolution Strategy Code                                          
1   - Modification                                                    
2   - Foreclosure                                                     
3   - Bankruptcy                                                      
4   - Extension                                                       
5   - Note Sale                                                       
6   - DPO                                                             
7   - REO                                                             
8   - Resolved                                                        
9   - Pending Return to Master Servicer                               
10  - Deed In Lieu Of Foreclosure                                     
11  - Full Payoff                                                     
12  - Reps and Warranties                                             
13  - Other or TBD                                                    

(3) Modification Code                                                 
1   - Maturity Date Extension                                         
2   - Amortization Change                                             
3   - Principal Write-Off                                             
4   - Combination                                                     

</FN>                                                                 
                                                                              
         Principal Prepayment Detail

                  No Principal Prepayments this Period

                                                                 [Download Table]
                                                                                 
                                                                                 

                           Historical Detail                                     

Delinquencies                                                                    

  Distribution      30-59 Days               60-89 Days         90 Days or More  
      Date       #        Balance       #          Balance    #         Balance  

                                                                                 
  01/10/2006    0            $0.00      0              $0.00  0             $0.00
  12/12/2005    0            $0.00      0              $0.00  0             $0.00
  11/10/2005    0            $0.00      0              $0.00  0             $0.00
  10/11/2005    0            $0.00      0              $0.00  0             $0.00

                                                                               
                                                                  [Download Table]
                                                                    
                                                                    

Distribution     Foreclosure         REO             Modifications  
    Date      #       Balance     #    Balance    #        Balance  
                                                                    
  01/10/2006  0            $0.00  0        $0.00  0            $0.00
  12/12/2005  0            $0.00  0        $0.00  0            $0.00
  11/10/2005  0            $0.00  0        $0.00  0            $0.00
  10/11/2005  0            $0.00  0        $0.00  0            $0.00

                                                                              
                                                          [Enlarge/Download Table]
                                                                                                  
                                                                                                  

                                  Prepayments                             Rate and Maturities     
  Distribution       Curtailments                Payoff                 Next Weighted Avg.     WAM
      Date       #           Amount       #         Amount          Coupon            Remit       
                                                                                                  
   01/10/2006    0             $0.00      0            $0.00        5.201437%       5.154445%  98 
   12/12/2005    0             $0.00      0            $0.00        5.201453%       5.154462%  99 
   11/10/2005    0             $0.00      0            $0.00        5.201473%       5.154483%  101
   10/11/2005    0             $0.00      0            $0.00        5.201489%       5.154500%  102
<FN>                                                                                              

Note: Foreclosure and REO Totals are excluded from the delinquencies aging                        
categories.                                                                                       
</FN>                                                                                             
                                                                              
                                                          [Enlarge/Download Table]
                                                                                      
                                                                                      

                        Delinquency Loan Detail                                       

             Offering    # of     Paid Through     Current     Outstanding   Status of
Loan Number  Document   Months        Date          P & I         P & I       Mortgage
              Cross-    Delinq.                    Advances    Advances **    Loan (1)
             Reference                                                                
                                                                                      
  3204013        6         0       12/01/2005      239,900.74    239,900.74      A    
  3198181       10         0       12/01/2005      141,268.29    141,268.29      B    
  3203460       13         0       12/01/2005      105,193.33    105,193.33      A    
  3203338       14         0       12/01/2005       83,446.83     83,446.83      A    
  3204237       15         0       12/01/2005      107,408.31    107,408.31      A    
 883208030      16         0       12/07/2005       98,890.86     98,890.86      A    
  3198264       17         0       12/01/2005       77,299.32     77,299.32      A    
  3204005       18         0       12/01/2005       72,174.72     72,174.72      A    
  3204062       21         0       12/01/2005       66,491.55     66,491.55      A    
  3206216       28         0       12/01/2005       77,770.23     77,770.23      A    
  3210770       33         0       12/01/2005       54,472.77     54,472.77      A    
  3207818       35         0       12/01/2005       49,979.31     49,979.31      A    
  3203346       37         0       12/01/2005       46,658.44     46,658.44      A    
  3204070       40         0       12/01/2005       52,404.52     52,404.52      A    
  3201761       42         0       12/01/2005       44,440.63     44,440.63      A    
 883204823      50         0       12/01/2005       47,275.60     47,275.60      A    
  3204617       51         0       12/01/2005       36,223.50     36,223.50      A    
  3204161       53         0       12/01/2005       35,086.97     35,086.97      A    
  3198496       54         0       12/01/2005       37,675.12     37,675.12      A    
  3211232       55         0       12/01/2005       44,338.10     44,338.10      A    
 883194800      56         0       12/01/2005       42,642.92     42,642.92      A    
  3203973       57         0       12/01/2005       30,694.99     30,694.99      A    
 883204757      63         0       12/01/2005       34,379.12     34,379.12      A    
 883204625      67         0       12/01/2005       25,153.06     25,153.06      A    
 883204641      81         0       12/01/2005       18,810.11     18,810.11      A    
  3201720       82         0       12/01/2005       18,995.54     18,995.54      A    
  3208071       84         0       12/01/2005       22,628.63     22,628.63      A    
  3204516       87         0       12/01/2005       20,834.80     20,834.80      A    
 883206273      89         0       12/01/2005       23,826.04     23,826.04      A    
 883205333      93         0       12/01/2005       19,043.70     19,043.70      A    
 883204633      96         0       12/01/2005       14,654.39     14,654.39      A    
 883195823      97         0       12/01/2005       16,349.25     16,349.25      A    
  3204328       98         0       12/01/2005       13,881.12     13,881.12      A    
  3204872       103        0       12/01/2005       16,355.40     16,355.40      A    
 883202728      105        0       12/01/2005       16,441.42     16,441.42      A    
 883207446      113        0       12/01/2005       12,907.35     12,907.35      A    
 883202736      116        0       12/01/2005       13,305.61     13,305.61      A    
  3204765       119        0       12/01/2005       11,589.42     11,589.42      A    
 883203691      120        0       12/01/2005        9,956.17      9,956.17      A    
 883205663      121        0       12/01/2005        9,691.38      9,691.38      A    
  3208337       123        0       12/01/2005        9,461.90      9,461.90      A    
  3204492       124        0       12/01/2005       10,974.25     10,974.25      A    

  Totals        42                               1,930,975.71  1,930,975.71           
                                                                              
                                                          [Enlarge/Download Table]
                                                                                             
                                                                                             

           Resolution  Servicing                               Outstanding                   
  Loan      Strategy   Transfer   Foreclosure      Actual       Servicing    Bankruptcy  REO 
 Number     Code (2)     Date         Date         Balance      Advances        Date     Date
                                                                                             
 3204013                                        55,200,000.00          0.00                  
 3198181                                        35,250,000.00          0.00                  
 3203460                                        24,000,000.00          0.00                  
 3203338                                        18,600,000.00          0.00                  
 3204237                                        18,379,935.74          0.00                  
883208030                                       17,922,324.30          0.00                  
 3198264                                        17,484,796.00          0.00                  
 3204005                                        17,400,000.00          0.00                  
 3204062                                        15,200,000.00          0.00                  
 3206216                                        14,098,992.68          0.00                  
 3210770                                        12,700,000.00          0.00                  
 3207818                                        11,500,000.00          0.00                  
 3203346                                        10,400,000.00          0.00                  
 3204070                                         9,626,921.60          0.00                  
 3201761                                         9,440,000.00          0.00                  
883204823                                        8,295,401.88          0.00                  
 3204617                                         8,200,000.00          0.00                  
 3204161                                         8,120,000.00          0.00                  
 3198496                                         8,050,000.00          0.00                  
 3211232                                         7,957,931.14          0.00                  
883194800                                        7,456,085.30          0.00                  
 3203973                                         7,400,000.00          0.00                  
883204757                                        5,964,203.90          0.00                  
883204625                                        5,750,000.00          0.00                  
883204641                                        4,300,000.00          0.00                  
 3201720                                         4,035,000.00          0.00                  
 3208071                                         3,987,438.93          0.00                  
 3204516                                         3,902,023.34          0.00                  
883206273                                        3,773,310.85          0.00                  
883205333                                        3,424,002.18          0.00                  
883204633                                        3,350,000.00          0.00                  
883195823                                        3,345,000.00          0.00                  
 3204328                                         3,100,000.00          0.00                  
 3204872                                         2,915,641.85          0.00                  
883202728                                        2,830,784.80          0.00                  
883207446                                        2,389,289.48          0.00                  
883202736                                        2,284,441.21          0.00                  
 3204765                                         2,163,207.41          0.00                  
883203691                                        2,050,000.00          0.00                  
883205663                                        2,050,000.00          0.00                  
 3208337                                         2,000,000.00          0.00                  
 3204492                                         1,991,349.28          0.00                  

  Totals                                       408,288,081.87          0.00                  
                                                                              
                                                          [Enlarge/Download Table]
                                                                                                          
                                                                                                           

                                                 Current        Outstanding                    Outstanding 
                                                  P & I            P & I           Actual       Servicing  
                                                Advances         Advances**       Balance        Advances  
                                                                                                           
 Totals By Delinquency Code:                                                                               
 Total for Status Code  =  A  (41 loans)       1,789,707.42      1,789,707.42  373,038,081.87          0.00
 Total for Status Code  =  B  (1 loan)           141,268.29        141,268.29   35,250,000.00          0.00
<FN>                                                                                                       

(1) Status of Mortgage Loan                                                                                
A -  Payments Not Received But Still In Grace Period                                                       
B -  Late Payment But Less Than 1 Month Delinquent                                                         
0 -  Current                                                                                               
1 -  One Month Delinquent                                                                                  
2 -  Two Months Delinquent                                                                                 
3 -  Three or More Months Delinquent                                                                       
4 -  Assumed Scheduled Payment (Performing Matured Balloon)                                                
7 -  Foreclosure                                                                                           
9 -  REO                                                                                                   

(2) Resolution Strategy Code                                                                               
1 -  Modification                                                                                          
2 -  Foreclosure                                                                                           
3 -  Bankruptcy                                                                                            
4 -  Extension                                                                                             
5 -  Note Sale                                                                                             
6 -  DPO                                                                                                   
7 -  REO                                                                                                   
8 -  Resolved                                                                                              
9 -  Pending Return to Master Servicer                                                                     
10 - Deed In Lieu Of Foreclosure                                                                           
11 - Full Payoff                                                                                           
12 - Reps and Warranties                                                                                   
13 - Other or TBD                                                                                          
** Outstanding P & I Advances include the current period advance.                                          
</FN>                                                                                                      

                                                                               
                     Specially Serviced Loan Detail - Part 1

                     No Specially Serviced Loans this Period

                     Specially Serviced Loan Detail - Part 2

                     No Specially Serviced Loans this Period

  Modified Loan Detail

No Modified Loans 

    Liquidated Loan Detail

             No Liquidated Loans this period

                          Bond/Collateral Realized Loss Reconciliation

            No Realized Losses this Period

Dates Referenced Herein

This ‘8-K’ Filing		Date		Other Filings
Filed on:		1/12/06		None on these Dates
For Period End:		1/10/06
		12/30/05
				List all Filings