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Option One Mortgage Loan Trust 2005-1 – ‘8-K’ for 11/25/05

On:  Friday, 12/2/05, at 4:59pm ET   ·   For:  11/25/05   ·   Accession #:  1056404-5-4141   ·   File #:  333-104020-04

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

12/02/05  Option One Mtge Loan Trust 2005-1 8-K:8,9    11/25/05    1:83K                                    Norwest Asset SEC Co… Tr

Current Report   —   Form 8-K
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 8-K         Current Report                                        39±   194K 


Document Table of Contents

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11st Page   -   Filing Submission
"Item 8.01. Other Events
"Item 9.01. Financial Statements and Exhibits


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 (Date of earliest event reported): November 25, 2005 OPTION ONE MORTGAGE LOAN TRUST Asset Backed Certificates, Series 2005-1 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-104020-04 54-2168025 Pooling and Servicing Agreement) (Commission 54-2168026 (State or other File Number) 54-2168027 jurisdiction 54-2168028 of Incorporation) 54-2168029 IRS EIN c/o Wells Fargo Bank, N.A. 9062 Old Annapolis Road Columbia, MD 21045 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (410) 884-2000 (Former name or former address, 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 November 25, 2005 a distribution was made to holders of OPTION ONE MORTGAGE LOAN TRUST, Asset Backed Certificates, Series 2005-1 Trust. ITEM 9.01 Financial Statements and Exhibits (c) Exhibits Exhibit Number Description EX-99.1 Monthly report distributed to holders of Asset Backed Certificates, Series 2005-1 Trust, relating to the November 25, 2005 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. OPTION ONE MORTGAGE LOAN TRUST Asset Backed Certificates, Series 2005-1 Trust (Registrant) By: Wells Fargo Bank, N.A. as Trustee By: /s/ Beth Belfield as Officer By: Beth Belfield as Officer Date: 11/27/2005 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Asset Backed Certificates, Series 2005-1 Trust, relating to the November 25, 2005 distribution. EX-99.1 [Enlarge/Download Table] Option One Mortgage Loan Trust Asset Backed Certificates Record Date: 10/31/2005 Distribution Date: 11/25/2005 Option One Mortgage Loan Trust Asset Backed Certificates Series 2005-1 Contact: Customer Service - CTSLink Wells Fargo Bank, N.A. Securities Administration Services 7485 New Horizon Way Frederick, MD 21703 www.ctslink.com Telephone: (301) 815-6600 Fax: (301) 815-6660 Certificateholder Distribution Summary Certificate Certificate Beginning Class Pass-Through Certificate Interest Class CUSIP Description Rate Balance Distribution A-1A 68389FGE8 SEN 4.28750% 147,573,820.62 544,844.60 A-1B 68389FGF5 SEN 4.36750% 36,893,455.16 138,752.70 A-2 68389FGG3 SEN 4.16750% 49,544,394.45 177,799.01 A-3 68389FGH1 SEN 4.27750% 433,281,000.00 1,595,948.44 A-4 68389FGJ7 SEN 4.43750% 94,805,000.00 362,267.02 M-1 68389FGK4 MEZ 4.55750% 52,800,000.00 207,214.33 M-2 68389FGL2 MEZ 4.57750% 22,200,000.00 87,506.54 M-3 69389FGM0 MEZ 4.63750% 13,800,000.00 55,108.96 M-4 68389FGN8 MEZ 5.03750% 13,800,000.00 59,862.29 M-5 68389FGP3 MEZ 5.28750% 21,600,000.00 98,347.50 M-6 68389FGQ1 MEZ 5.68750% 10,800,000.00 52,893.75 M-7 68389FGR9 MEZ 6.78750% 8,400,000.00 49,096.25 M-8 68389FGS7 MEZ 7.28750% 4,200,000.00 26,356.46 M-9 68389FGT5 MEZ 7.03750% 5,400,000.00 32,724.38 C OPT05001C OC 0.00000% 6,000,000.00 1,216,318.37 P OPT05001P Pre Pay 0.00000% 100.00 585,306.90 RX OPT0501R1 RES 0.00000% 0.00 0.00 R OPT0501R2 RES 0.00000% 0.00 0.00 Totals 921,097,770.23 5,290,347.50 [Enlarge/Download Table] Certificateholder Distribution Summary (continued) Current Ending Cumulative Principal Realized Certificate Total Realized Class Distribution Loss Balance Distribution Losses A-1A 7,094,002.90 0.00 140,479,817.72 7,638,847.50 0.00 A-1B 1,773,500.72 0.00 35,119,954.43 1,912,253.42 0.00 A-2 28,716,473.55 0.00 20,827,920.90 28,894,272.56 0.00 A-3 0.00 0.00 433,281,000.00 1,595,948.44 0.00 A-4 0.00 0.00 94,805,000.00 362,267.02 0.00 M-1 0.00 0.00 52,800,000.00 207,214.33 0.00 M-2 0.00 0.00 22,200,000.00 87,506.54 0.00 M-3 0.00 0.00 13,800,000.00 55,108.96 0.00 M-4 0.00 0.00 13,800,000.00 59,862.29 0.00 M-5 0.00 0.00 21,600,000.00 98,347.50 0.00 M-6 0.00 0.00 10,800,000.00 52,893.75 0.00 M-7 0.00 0.00 8,400,000.00 49,096.25 0.00 M-8 0.00 0.00 4,200,000.00 26,356.46 0.00 M-9 0.00 0.00 5,400,000.00 32,724.38 0.00 C 0.00 0.00 6,000,000.00 1,216,318.37 0.00 P 0.00 0.00 100.00 585,306.90 0.00 RX 0.00 0.00 0.00 0.00 0.00 R 0.00 0.00 0.00 0.00 0.00 Totals 37,583,977.17 0.00 883,513,793.05 42,874,324.67 0.00 <FN> All distributions required by the Pooling and Servicing Agreement have been calculated by the Certificate Administrator on behalf of the Trustee. 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. </FN> [Enlarge/Download Table] Principal Distribution Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Realized Class Amount Balance Distribution Distribution Accretion Loss (1) A-1A 200,000,000.00 147,573,820.62 0.00 7,094,002.90 0.00 0.00 A-1B 50,000,000.00 36,893,455.16 0.00 1,773,500.72 0.00 0.00 A-2 262,914,000.00 49,544,394.45 0.00 28,716,473.55 0.00 0.00 A-3 433,281,000.00 433,281,000.00 0.00 0.00 0.00 0.00 A-4 94,805,000.00 94,805,000.00 0.00 0.00 0.00 0.00 M-1 52,800,000.00 52,800,000.00 0.00 0.00 0.00 0.00 M-2 22,200,000.00 22,200,000.00 0.00 0.00 0.00 0.00 M-3 13,800,000.00 13,800,000.00 0.00 0.00 0.00 0.00 M-4 13,800,000.00 13,800,000.00 0.00 0.00 0.00 0.00 M-5 21,600,000.00 21,600,000.00 0.00 0.00 0.00 0.00 M-6 10,800,000.00 10,800,000.00 0.00 0.00 0.00 0.00 M-7 8,400,000.00 8,400,000.00 0.00 0.00 0.00 0.00 M-8 4,200,000.00 4,200,000.00 0.00 0.00 0.00 0.00 M-9 5,400,000.00 5,400,000.00 0.00 0.00 0.00 0.00 C 5,999,900.00 6,000,000.00 0.00 0.00 0.00 0.00 P 100.00 100.00 0.00 0.00 0.00 0.00 RX 0.00 0.00 0.00 0.00 0.00 0.00 R 0.00 0.00 0.00 0.00 0.00 0.00 Totals 1,200,000,000.00 921,097,770.23 0.00 37,583,977.17 0.00 0.00 <FN> (1) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description. </FN> [Download Table] Principal Distribution Statement (continued) Total Ending Ending Total Principal Certificate Certificate Principal Class Reduction Balance Percentage Distribution A-1A 7,094,002.90 140,479,817.72 0.70239909 7,094,002.90 A-1B 1,773,500.72 35,119,954.43 0.70239909 1,773,500.72 A-2 28,716,473.55 20,827,920.90 0.07921952 28,716,473.55 A-3 0.00 433,281,000.00 1.00000000 0.00 A-4 0.00 94,805,000.00 1.00000000 0.00 M-1 0.00 52,800,000.00 1.00000000 0.00 M-2 0.00 22,200,000.00 1.00000000 0.00 M-3 0.00 13,800,000.00 1.00000000 0.00 M-4 0.00 13,800,000.00 1.00000000 0.00 M-5 0.00 21,600,000.00 1.00000000 0.00 M-6 0.00 10,800,000.00 1.00000000 0.00 M-7 0.00 8,400,000.00 1.00000000 0.00 M-8 0.00 4,200,000.00 1.00000000 0.00 M-9 0.00 5,400,000.00 1.00000000 0.00 C 0.00 6,000,000.00 1.00001667 0.00 P 0.00 100.00 1.00000000 0.00 RX 0.00 0.00 0.00000000 0.00 R 0.00 0.00 0.00000000 0.00 Totals 37,583,977.17 883,513,793.05 0.73626149 37,583,977.17 [Enlarge/Download Table] Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A-1A 200,000,000.00 737.86910310 0.00000000 35.47001450 0.00000000 A-1B 50,000,000.00 737.86910320 0.00000000 35.47001440 0.00000000 A-2 262,914,000.00 188.44334821 0.00000000 109.22382813 0.00000000 A-3 433,281,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-4 94,805,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-1 52,800,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-2 22,200,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-3 13,800,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-4 13,800,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-5 21,600,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-6 10,800,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-7 8,400,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-8 4,200,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-9 5,400,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 C 5,999,900.00 1000.01666694 0.00000000 0.00000000 0.00000000 P 100.00 1000.00000000 0.00000000 0.00000000 0.00000000 RX 0.00 0.00000000 0.00000000 0.00000000 0.00000000 R 0.00 0.00000000 0.00000000 0.00000000 0.00000000 <FN> (2) All Classes are per $1,000 denomination </FN> [Enlarge/Download Table] Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution A-1A 0.00000000 35.47001450 702.39908860 0.70239909 35.47001450 A-1B 0.00000000 35.47001440 702.39908860 0.70239909 35.47001440 A-2 0.00000000 109.22382813 79.21952007 0.07921952 109.22382813 A-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A-4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-5 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-6 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-7 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-8 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-9 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 C 0.00000000 0.00000000 1,000.01666694 1.00001667 0.00000000 P 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 RX 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 <FN> (3) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description. </FN> [Enlarge/Download Table] Interest Distribution Statement Beginning Payment of Original Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class Amount Rate Balance Interest Shortfall Shortfall A-1A 200,000,000.00 4.28750% 147,573,820.62 544,844.60 0.00 0.00 A-1B 50,000,000.00 4.36750% 36,893,455.16 138,752.70 0.00 0.00 A-2 262,914,000.00 4.16750% 49,544,394.45 177,799.01 0.00 0.00 A-3 433,281,000.00 4.27750% 433,281,000.00 1,595,948.44 0.00 0.00 A-4 94,805,000.00 4.43750% 94,805,000.00 362,267.02 0.00 0.00 M-1 52,800,000.00 4.55750% 52,800,000.00 207,214.33 0.00 0.00 M-2 22,200,000.00 4.57750% 22,200,000.00 87,506.54 0.00 0.00 M-3 13,800,000.00 4.63750% 13,800,000.00 55,108.96 0.00 0.00 M-4 13,800,000.00 5.03750% 13,800,000.00 59,862.29 0.00 0.00 M-5 21,600,000.00 5.28750% 21,600,000.00 98,347.50 0.00 0.00 M-6 10,800,000.00 5.68750% 10,800,000.00 52,893.75 0.00 0.00 M-7 8,400,000.00 6.78750% 8,400,000.00 49,096.25 0.00 0.00 M-8 4,200,000.00 7.28750% 4,200,000.00 26,356.46 0.00 0.00 M-9 5,400,000.00 7.03750% 5,400,000.00 32,724.38 0.00 0.00 C 5,999,900.00 0.00000% 6,000,000.00 0.00 0.00 0.00 P 100.00 0.00000% 100.00 0.00 0.00 0.00 RX 0.00 0.00000% 0.00 0.00 0.00 0.00 R 0.00 0.00000% 0.00 0.00 0.00 0.00 Totals 1,200,000,000.00 3,488,722.23 0.00 0.00 [Enlarge/Download Table] Interest Distribution Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (4) Distribution Shortfall Balance A-1A 0.00 0.00 544,844.60 0.00 140,479,817.72 A-1B 0.00 0.00 138,752.70 0.00 35,119,954.43 A-2 0.00 0.00 177,799.01 0.00 20,827,920.90 A-3 0.00 0.00 1,595,948.44 0.00 433,281,000.00 A-4 0.00 0.00 362,267.02 0.00 94,805,000.00 M-1 0.00 0.00 207,214.33 0.00 52,800,000.00 M-2 0.00 0.00 87,506.54 0.00 22,200,000.00 M-3 0.00 0.00 55,108.96 0.00 13,800,000.00 M-4 0.00 0.00 59,862.29 0.00 13,800,000.00 M-5 0.00 0.00 98,347.50 0.00 21,600,000.00 M-6 0.00 0.00 52,893.75 0.00 10,800,000.00 M-7 0.00 0.00 49,096.25 0.00 8,400,000.00 M-8 0.00 0.00 26,356.46 0.00 4,200,000.00 M-9 0.00 0.00 32,724.38 0.00 5,400,000.00 C 0.00 0.00 1,216,318.37 0.00 6,000,000.00 P 0.00 0.00 585,306.90 0.00 100.00 RX 0.00 0.00 0.00 0.00 0.00 R 0.00 0.00 0.00 0.00 0.00 Totals 0.00 0.00 5,290,347.50 0.00 <FN> (4) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description. </FN> [Enlarge/Download Table] Interest Distribution Factors Statement Beginning Payment of Original Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class (5) Amount Rate Balance Interest Shortfall Shortfall A-1A 200,000,000.00 4.28750% 737.86910310 2.72422300 0.00000000 0.00000000 A-1B 50,000,000.00 4.36750% 737.86910320 2.77505400 0.00000000 0.00000000 A-2 262,914,000.00 4.16750% 188.44334821 0.67626300 0.00000000 0.00000000 A-3 433,281,000.00 4.27750% 1000.00000000 3.68340278 0.00000000 0.00000000 A-4 94,805,000.00 4.43750% 1000.00000000 3.82118053 0.00000000 0.00000000 M-1 52,800,000.00 4.55750% 1000.00000000 3.92451383 0.00000000 0.00000000 M-2 22,200,000.00 4.57750% 1000.00000000 3.94173604 0.00000000 0.00000000 M-3 13,800,000.00 4.63750% 1000.00000000 3.99340290 0.00000000 0.00000000 M-4 13,800,000.00 5.03750% 1000.00000000 4.33784710 0.00000000 0.00000000 M-5 21,600,000.00 5.28750% 1000.00000000 4.55312500 0.00000000 0.00000000 M-6 10,800,000.00 5.68750% 1000.00000000 4.89756944 0.00000000 0.00000000 M-7 8,400,000.00 6.78750% 1000.00000000 5.84479167 0.00000000 0.00000000 M-8 4,200,000.00 7.28750% 1000.00000000 6.27534762 0.00000000 0.00000000 M-9 5,400,000.00 7.03750% 1000.00000000 6.06007037 0.00000000 0.00000000 C 5,999,900.00 0.00000% 1000.01666694 0.00000000 0.00000000 0.00000000 P 100.00 0.00000% 1000.00000000 0.00000000 0.00000000 0.00000000 RX 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 R 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 <FN> (5) All Classes are per $1,000 denomination </FN> [Enlarge/Download Table] Interest Distribution Factors Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (6) Distribution Shortfall Balance A-1A 0.00000000 0.00000000 2.72422300 0.00000000 702.39908860 A-1B 0.00000000 0.00000000 2.77505400 0.00000000 702.39908860 A-2 0.00000000 0.00000000 0.67626300 0.00000000 79.21952007 A-3 0.00000000 0.00000000 3.68340278 0.00000000 1000.00000000 A-4 0.00000000 0.00000000 3.82118053 0.00000000 1000.00000000 M-1 0.00000000 0.00000000 3.92451383 0.00000000 1000.00000000 M-2 0.00000000 0.00000000 3.94173604 0.00000000 1000.00000000 M-3 0.00000000 0.00000000 3.99340290 0.00000000 1000.00000000 M-4 0.00000000 0.00000000 4.33784710 0.00000000 1000.00000000 M-5 0.00000000 0.00000000 4.55312500 0.00000000 1000.00000000 M-6 0.00000000 0.00000000 4.89756944 0.00000000 1000.00000000 M-7 0.00000000 0.00000000 5.84479167 0.00000000 1000.00000000 M-8 0.00000000 0.00000000 6.27534762 0.00000000 1000.00000000 M-9 0.00000000 0.00000000 6.06007037 0.00000000 1000.00000000 C 0.00000000 0.00000000 202.72310705 0.00000000 1000.01666694 P 0.00000000 0.00000000 5853069.00000000 0.00000000 1000.00000000 RX 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 <FN> (6) Amount Does Not Include Excess Special Hazard, Bankruptcy,or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description. </FN> [Enlarge/Download Table] CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 43,057,713.67 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 0.00 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 585,306.90 Total Deposits 43,643,020.57 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 768,695.90 Payment of Interest and Principal 42,874,324.67 Total Withdrawals (Pool Distribution Amount) 43,643,020.57 Ending Balance 0.00 [Enlarge/Download Table] PREPAYMENT/CURTAILMENT INTEREST SHORTFALL Total Prepayment/Curtailment Interest Shortfall 0.00 Servicing Fee Support 0.00 Non-Supported Prepayment/Curtailment Interest Shortfall 0.00 [Download Table] SERVICING FEES Gross Servicing Fee 230,274.44 PMI Mortgage Company 536,118.71 Trustee Fee 2,302.75 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 768,695.90 [Download Table] OTHER ACCOUNTS Beginning Current Current Ending Account Type Balance Withdrawals Deposits Balance Reserve Fund 1,000.00 16,228.42 16,228.42 1,000.00 [Enlarge/Download Table] LOAN STATUS STRATIFICATION/CREDIT ENHANCEMENT STATEMENT DELINQUENT BANKRUPTCY FORECLOSURE REO Total No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 28 2 0 30 3,961,617.97 265,605.63 0.00 4,227,223.60 30 Days 111 3 1 0 115 16,997,962.78 572,143.72 160,967.34 0.00 17,731,073.84 60 Days 42 6 7 0 55 6,718,386.07 563,490.68 1,173,736.71 0.00 8,455,613.46 90 Days 18 5 18 0 41 3,480,827.74 319,050.80 2,032,678.18 0.00 5,832,556.72 120 Days 9 5 17 0 31 981,420.29 583,067.83 2,432,750.42 0.00 3,997,238.54 150 Days 7 2 4 0 13 1,152,876.44 185,777.23 598,759.55 0.00 1,937,413.22 180+ Days 6 13 33 8 60 1,054,423.95 2,059,507.37 5,347,131.34 1,070,521.12 9,531,583.78 Totals 193 62 82 8 345 30,385,897.27 8,244,655.60 12,011,629.17 1,070,521.12 51,712,703.16 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0.538565% 0.038469% 0.000000% 0.577034% 0.448178% 0.030048% 0.000000% 0.478226% 30 Days 2.135026% 0.057703% 0.019234% 0.000000% 2.211964% 1.922981% 0.064727% 0.018210% 0.000000% 2.005918% 60 Days 0.807848% 0.115407% 0.134641% 0.000000% 1.057896% 0.760052% 0.063748% 0.132785% 0.000000% 0.956584% 90 Days 0.346220% 0.096172% 0.346220% 0.000000% 0.788613% 0.393786% 0.036094% 0.229957% 0.000000% 0.659838% 120 Days 0.173110% 0.096172% 0.326986% 0.000000% 0.596269% 0.111028% 0.065963% 0.275217% 0.000000% 0.452208% 150 Days 0.134641% 0.038469% 0.076938% 0.000000% 0.250048% 0.130425% 0.021017% 0.067738% 0.000000% 0.219180% 180+ Days 0.115407% 0.250048% 0.634737% 0.153876% 1.154068% 0.119287% 0.232992% 0.604922% 0.121108% 1.078309% Totals 3.712252% 1.192537% 1.577226% 0.153876% 6.635892% 3.437560% 0.932719% 1.358877% 0.121108% 5.850264% The data used to stratify the delinquencies for this report and the detail that follows is based on the Borrower's Due Date as determined at the end of the prepayment period, and the loan status type of BK, FC or REO as determined at the prior month end. [Download Table] OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 340,038.49 [Enlarge/Download Table] SUBORDINATION LEVEL/CREDIT ENHANCEMENT/CLASS PERCENTAGE AND PREPAYMENT PERCENTAGE Current Original $ Original % Current $ Current % Class% Prepayment% Class M-1 106,200,000.00 8.85000000% 106,200,100.00 12.02019718% 5.976138% 0.000000% Class M-2 84,000,000.00 7.00000000% 84,000,100.00 9.50750296% 2.512694% 0.000000% Class M-3 70,200,000.00 5.85000000% 70,200,100.00 7.94555790% 1.561945% 0.000000% Class M-4 56,400,000.00 4.70000000% 56,400,100.00 6.38361285% 1.561945% 0.000000% Class R-I 6,000,000.00 0.50000000% 6,000,100.00 0.67911786% 0.000000% 0.000000% Class P 0.00 0.00000000% 0.00 0.00000000% 0.000011% 0.000000% <FN> Please Refer to the Prospectus Supplement for a Full Description of Loss Exposure </FN> [Enlarge/Download Table] REO Detail - All Mortgage Loans in REO during Current Period Summary 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 2 Dec-04 0.000% Original Principal Balance 200,000.00 Jan-05 0.000% Current Principal Balance 199,476.53 Feb-05 0.000% Mar-05 0.000% Current REO Total Apr-05 0.000% Loans in REO 8 May-05 0.000% Original Principal Balance 1,072,902.00 Jun-05 0.018% Current Principal Balance 1,070,521.12 Jul-05 0.019% Aug-05 0.020% Sep-05 0.045% Oct-05 0.095% Nov-05 0.121% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. [Enlarge/Download Table] REO Loan Detail - All Mortgage Loans in REO during Current Period Month Loan First Original Loan Entered Payment LTV at Principal Group Number REO Date State Origination Balance Group 1 0051054510 Nov-2005 01-Jan-2005 GA 89.29 50,000.00 Group 2 0351020302 Nov-2005 01-Oct-2004 TX 70.75 150,000.00 Group 2 0771002692 Sep-2005 01-Dec-2004 TX 92.01 113,172.00 Group 3 0051054367 Oct-2005 01-Dec-2004 GA 80.00 102,880.00 Group 4 0051054490 Oct-2005 01-Jan-2005 GA 85.00 122,400.00 Group 4 0051054635 Sep-2005 01-Jan-2005 GA 90.00 119,700.00 Group 4 0081052241 Jun-2005 01-Jan-2005 VA 75.00 198,750.00 Group 4 0161036443 Oct-2005 01-Oct-2004 MA 90.00 216,000.00 [Enlarge/Download Table] REO Loan Detail - All Mortgage Loans in REO during Current Period (continued) Current Paid Current Approximate Loan Principal To Months Loan Delinquent Group Number Balance Date Delinquent Rate Interest Group 1 0051054510 49,946.86 01-Feb-2005 7 9.150% 3,307.95 Group 2 0351020302 149,529.67 01-Feb-2005 7 8.400% 9,060.21 Group 2 0771002692 112,955.95 01-Mar-2005 6 9.700% 7,066.30 Group 3 0051054367 102,630.59 01-Mar-2005 6 8.550% 5,632.29 Group 4 0051054490 122,189.36 01-Mar-2005 6 8.800% 6,909.72 Group 4 0051054635 119,423.70 01-Mar-2005 6 7.350% 5,597.39 Group 4 0081052241 198,602.50 01-Jan-2005 8 7.500% 11,875.41 Group 4 0161036443 215,242.49 01-Jan-2005 8 6.700% 11,432.82 [Enlarge/Download Table] Foreclosure Detail - All Mortgage Loans in Foreclosure during Current Period Summary 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 19 Dec-04 0.000% Original Principal Balance 2,518,367.00 Jan-05 0.000% Current Principal Balance 2,507,615.73 Feb-05 0.000% Mar-05 0.036% Current Foreclosure Total Apr-05 0.110% Loans in Foreclosure 82 May-05 0.375% Original Principal Balance 12,049,005.20 Jun-05 0.527% Current Principal Balance 12,011,629.17 Jul-05 0.646% Aug-05 0.921% Sep-05 1.061% Oct-05 1.177% Nov-05 1.359% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. [Enlarge/Download Table] Foreclosure Loan Detail - All Mortgage Loans in Foreclosure during Current Period Month Loan First Original Loan Entered Payment LTV at Principal Group Number FC Date State Origination Balance Group 1 0631002668 Sep-2005 01-May-2004 CO 45.53 97,900.00 Group 2 0041062147 Aug-2005 01-Dec-2004 IL 80.00 200,000.00 Group 2 0041062821 Jul-2005 01-Jan-2005 IL 85.00 297,500.00 Group 2 0061055311 Oct-2005 01-Jan-2005 MI 80.00 92,000.00 Group 2 0131029204 Jun-2005 01-Jan-2005 OH 75.00 171,750.00 Group 2 0141043135 Sep-2005 01-Jan-2005 CT 70.00 98,000.00 Group 2 0191021551 Apr-2005 01-Jan-2005 MT 80.00 192,000.00 Group 2 0271018054 Oct-2005 01-Jan-2005 MA 90.00 261,000.00 Group 2 0311024661 Nov-2005 01-Dec-2004 NJ 70.00 161,000.00 Group 2 0331032430 Jun-2005 01-Jan-2005 NY 80.00 339,200.00 Group 2 0351020317 Jul-2005 01-Sep-2004 TX 80.00 51,200.00 Group 2 0381017587 Nov-2005 01-Jan-2005 MA 75.00 136,500.00 Group 2 0391008797 Aug-2005 01-Nov-2004 LA 80.00 106,400.00 Group 2 0521022205 Sep-2005 01-Feb-2005 MI 75.00 67,500.00 Group 2 0641005790 Jul-2005 01-Jan-2005 TX 80.00 192,000.00 Group 2 0671001524 Oct-2005 01-Jan-2005 CA 65.00 153,400.00 Group 2 0681002852 Sep-2005 01-Jan-2005 MA 80.00 212,000.00 Group 2 0791000840 Jun-2005 01-Jan-2005 IA 90.00 82,800.00 Group 2 0831031007 Nov-2005 01-Sep-2004 FL 85.00 119,000.00 Group 3 0101043431 Jul-2005 01-Oct-2004 TX 54.09 59,500.00 Group 3 0131029246 Oct-2005 01-Jan-2005 KY 90.00 51,300.00 Group 3 0331028643 Nov-2005 01-Oct-2004 NY 80.00 348,861.00 Group 3 0331032240 Oct-2005 01-Jan-2005 NY 13.18 58,000.00 Group 3 0341019323 Nov-2005 01-Oct-2004 SC 80.00 72,000.00 Group 3 0351020475 May-2005 01-Sep-2004 TX 80.00 89,600.00 Group 3 0611012943 Oct-2005 01-Jan-2005 NY 80.00 212,000.00 Group 3 0641005610 Aug-2005 01-Jan-2005 TX 80.00 204,000.00 Group 3 0651006568 Aug-2005 01-Jan-2005 IN 95.00 54,150.00 Group 4 0011071301 Oct-2005 01-Nov-2004 MI 61.90 65,000.00 Group 4 0041060855 Nov-2005 01-Sep-2004 IN 71.79 100,500.00 Group 4 0061054076 Aug-2005 01-Oct-2004 OH 90.00 63,900.00 Group 4 0061054132 May-2005 01-Oct-2004 OH 80.00 57,600.00 Group 4 0061055326 Jul-2005 01-Jan-2005 OH 80.00 196,000.00 Group 4 0061055601 Nov-2005 01-Jan-2005 PA 75.00 168,750.00 Group 4 0061055618 Aug-2005 01-Jan-2005 OH 95.00 370,500.00 Group 4 0061055743 Oct-2005 01-Feb-2005 OH 80.00 60,400.00 Group 4 0071062959 Aug-2005 01-Jan-2005 FL 90.00 162,000.00 Group 4 0091029694 Nov-2005 01-Jan-2005 MO 80.00 94,400.00 Group 4 0091029725 Jun-2005 01-Jan-2005 KS 90.00 51,300.00 Group 4 0121034384 Jul-2005 01-Sep-2004 NE 77.68 87,000.00 Group 4 0121035668 Oct-2005 01-Dec-2004 MN 95.00 164,350.00 Group 4 0141041418 May-2005 01-Oct-2004 NY 66.43 186,000.00 Group 4 0231054736 Nov-2005 01-Oct-2004 PA 90.00 54,900.00 Group 4 0261049504 Oct-2005 01-Jan-2005 AL 56.17 81,440.00 Group 4 0271017163 Jun-2005 01-Dec-2004 OH 89.29 75,000.00 Group 4 0271017293 Aug-2005 01-Dec-2004 AZ 72.44 92,000.00 Group 4 0271017695 Sep-2005 01-Dec-2004 MN 90.00 176,400.00 Group 4 0271017784 Aug-2005 01-Jan-2005 NY 95.00 347,605.00 Group 4 0271017941 Nov-2005 01-Jan-2005 NH 80.00 102,400.00 Group 4 0271018044 Nov-2005 01-Jan-2005 RI 80.00 315,200.00 Group 4 0311025418 Sep-2005 01-Jan-2005 NJ 68.18 90,000.00 Group 4 0321021849 Aug-2005 01-Jan-2005 WY 80.00 50,000.00 Group 4 0321022028 Sep-2005 01-Jan-2005 CO 93.45 235,500.00 Group 4 0331031846 May-2005 01-Jan-2005 NY 95.00 456,000.00 Group 4 0331031917 Oct-2005 01-Jan-2005 CT 63.11 130,000.00 Group 4 0341019228 Jun-2005 01-Sep-2004 SC 90.00 70,200.00 Group 4 0341019803 Nov-2005 01-Jan-2005 NC 90.00 125,100.00 Group 4 0341020594 Nov-2005 01-Dec-2004 VA 85.00 140,250.00 Group 4 0361018332 Mar-2005 01-Jun-2004 MI 72.82 125,250.00 Group 4 0361021770 Nov-2005 01-Dec-2004 MI 64.97 95,500.00 Group 4 0371022247 Aug-2005 01-Jan-2005 FL 80.00 161,600.00 Group 4 0391009372 Nov-2005 01-Jan-2005 TN 95.00 109,250.00 Group 4 0521020769 Oct-2005 01-Jan-2005 MO 85.00 51,000.00 Group 4 0551002803 Aug-2005 01-Sep-2004 LA 90.00 54,450.00 Group 4 0651005885 Nov-2005 01-Dec-2004 SC 70.00 102,756.00 Group 4 0651006494 Oct-2005 01-Jan-2005 MI 95.00 133,000.00 Group 4 0651006663 Aug-2005 01-Jan-2005 ME 75.00 86,250.00 Group 4 0661002516 Oct-2005 01-Dec-2004 MI 80.00 196,000.00 Group 4 0661003153 Sep-2005 01-Jan-2005 CA 80.00 212,000.00 Group 4 0671001934 May-2005 01-Jan-2005 CA 80.00 400,000.00 Group 4 0681002755 Sep-2005 01-Jan-2005 VT 75.00 123,750.00 Group 4 0691001111 Oct-2005 01-Dec-2004 VA 65.00 173,550.00 Group 4 0741008606 Aug-2005 01-Jan-2005 NH 65.00 237,250.00 Group 4 0761002455 Nov-2005 01-Sep-2004 WI 85.00 62,900.00 Group 4 0771001886 Oct-2005 01-Dec-2004 TX 80.00 70,000.00 Group 4 0781001350 Oct-2005 01-Jan-2005 MI 80.00 164,000.00 Group 4 0791000759 Oct-2005 01-Jan-2005 NE 79.99 54,393.20 Group 4 0831030290 Nov-2005 01-Nov-2004 CT 70.00 149,100.00 Group 4 0831031018 Sep-2005 01-Nov-2004 NJ 90.00 180,000.00 Group 4 0831031024 Jun-2005 01-Nov-2004 NJ 85.00 323,850.00 Group 4 0841001139 Jul-2005 01-Jan-2005 MI 95.00 172,900.00 Group 4 0841002103 Nov-2005 01-Feb-2005 MI 80.00 60,000.00 [Enlarge/Download Table] Foreclosure Loan Detail - All Mortgage Loans in Foreclosure during Current Period (continued) Current Paid Current Approximate Loan Principal To Months Loan Delinquent Group Number Balance Date Delinquent Rate Interest Group 1 0631002668 97,222.88 01-May-2005 4 9.350% 4,393.04 Group 2 0041062147 199,689.80 01-Feb-2005 7 9.300% 13,450.20 Group 2 0041062821 297,187.09 01-Feb-2005 7 9.200% 19,794.20 Group 2 0061055311 91,587.99 01-Jun-2005 3 7.550% 2,762.46 Group 2 0131029204 171,664.62 01-Jan-2005 8 9.450% 13,059.28 Group 2 0141043135 97,867.45 01-Mar-2005 6 9.950% 6,285.85 Group 2 0191021551 191,839.49 01-Jan-2005 8 6.900% 10,510.61 Group 2 0271018054 259,436.28 01-Jun-2005 3 6.050% 6,202.88 Group 2 0311024661 160,362.54 01-Jun-2005 3 8.940% 5,766.24 Group 2 0331032430 339,200.00 01-Jan-2005 8 5.650% 15,122.70 Group 2 0351020317 50,995.60 01-Mar-2005 6 8.900% 2,917.62 Group 2 0381017587 135,983.58 01-Jun-2005 3 8.390% 4,577.79 Group 2 0391008797 106,155.62 01-Feb-2005 7 9.200% 7,070.22 Group 2 0521022205 67,367.02 01-May-2005 4 9.550% 3,111.77 Group 2 0641005790 191,692.74 01-Mar-2005 6 9.150% 11,288.08 Group 2 0671001524 153,004.49 01-May-2005 4 9.350% 6,914.20 Group 2 0681002852 211,136.17 01-Jun-2005 3 8.150% 6,896.45 Group 2 0791000840 82,760.12 01-Jan-2005 8 9.600% 6,399.59 Group 2 0831031007 118,243.13 01-Jul-2005 2 8.990% 3,422.01 Group 3 0101043431 59,419.09 01-Feb-2005 7 12.320% 5,350.48 Group 3 0131029246 50,642.49 01-May-2005 4 9.625% 2,345.50 Group 3 0331028643 346,480.30 01-May-2005 4 6.900% 11,408.47 Group 3 0331032240 57,531.45 01-Jun-2005 3 9.990% 2,316.31 Group 3 0341019323 71,618.08 01-Jun-2005 3 8.775% 2,525.90 Group 3 0351020475 89,389.82 01-Jan-2005 8 9.800% 7,061.01 Group 3 0611012943 211,441.96 01-May-2005 4 9.250% 9,449.13 Group 3 0641005610 203,626.65 01-Apr-2005 5 9.900% 11,386.86 Group 3 0651006568 54,095.73 01-Mar-2005 6 11.340% 3,976.60 Group 4 0011071301 64,839.00 01-Jun-2005 3 11.800% 3,104.84 Group 4 0041060855 100,181.67 01-Jan-2005 8 8.350% 6,700.52 Group 4 0061054076 63,799.57 01-Jan-2005 8 10.700% 5,519.23 Group 4 0061054132 57,506.76 01-Jan-2005 8 10.500% 4,878.79 Group 4 0061055326 195,921.26 01-Jan-2005 8 10.450% 16,540.72 Group 4 0061055601 168,640.44 01-Feb-2005 7 11.450% 14,083.55 Group 4 0061055618 370,263.75 01-Jan-2005 8 8.250% 24,457.71 Group 4 0061055743 60,186.24 01-Jun-2005 3 7.800% 1,878.09 Group 4 0071062959 160,967.34 01-Aug-2005 1 7.250% 2,794.49 Group 4 0091029694 93,977.26 01-Jun-2005 3 7.550% 2,834.51 Group 4 0091029725 51,267.63 01-Jan-2005 8 8.300% 3,407.87 Group 4 0121034384 86,692.55 01-Jan-2005 8 8.000% 5,545.07 Group 4 0121035668 163,420.05 01-May-2005 4 6.350% 4,931.40 Group 4 0141041418 185,372.62 01-Jan-2005 8 6.900% 10,155.52 Group 4 0231054736 54,647.87 01-Jun-2005 3 9.500% 2,092.60 Group 4 0261049504 80,058.85 01-Jun-2005 3 8.450% 2,702.52 Group 4 0271017163 74,814.15 01-Feb-2005 7 6.990% 3,741.05 Group 4 0271017293 90,997.48 01-Nov-2005 (1) 7.500% 547.35 Group 4 0271017695 174,608.15 01-Nov-2005 (1) 7.000% 975.76 Group 4 0271017784 347,400.83 01-Jan-2005 8 8.650% 24,107.68 Group 4 0271017941 101,965.34 01-Jul-2005 2 8.600% 2,818.37 Group 4 0271018044 314,335.11 01-May-2005 4 9.050% 13,732.63 Group 4 0311025418 89,668.49 01-May-2005 4 7.600% 3,266.67 Group 4 0321021849 49,895.56 01-Mar-2005 6 7.850% 2,505.10 Group 4 0321022028 235,500.00 01-Jan-2005 8 6.650% 12,461.80 Group 4 0331031846 456,000.00 01-Jan-2005 8 6.990% 25,422.00 Group 4 0331031917 129,752.62 01-Apr-2005 5 11.450% 8,430.54 Group 4 0341019228 69,904.71 01-Feb-2005 7 9.200% 4,655.52 Group 4 0341019803 124,647.53 01-May-2005 4 7.700% 4,603.37 Group 4 0341020594 139,557.45 01-Jun-2005 3 7.850% 4,383.82 Group 4 0361018332 124,370.09 01-Jan-2005 8 6.750% 6,657.21 Group 4 0361021770 95,180.41 01-May-2005 4 8.990% 4,129.58 Group 4 0371022247 161,187.67 01-May-2005 4 9.400% 7,324.35 Group 4 0391009372 108,847.63 01-Jul-2005 2 9.300% 3,262.75 Group 4 0521020769 50,871.65 01-Jun-2005 3 10.350% 2,128.39 Group 4 0551002803 54,191.19 01-Apr-2005 5 8.950% 2,729.51 Group 4 0651005885 102,393.68 01-Jun-2005 3 9.500% 3,920.97 Group 4 0651006494 132,514.98 01-May-2005 4 7.650% 4,860.77 Group 4 0651006663 86,163.92 01-Feb-2005 7 9.450% 5,900.81 Group 4 0661002516 195,566.02 01-Mar-2005 6 8.990% 11,307.05 Group 4 0661003153 211,189.09 01-Apr-2005 5 6.250% 7,308.44 Group 4 0671001934 400,000.00 01-Jul-2005 2 6.300% 8,000.00 Group 4 0681002755 122,313.46 01-May-2005 4 6.850% 3,996.48 Group 4 0691001111 172,871.33 01-Jun-2005 3 9.000% 6,259.29 Group 4 0741008606 236,520.21 01-Jul-2005 2 10.150% 7,760.41 Group 4 0761002455 62,393.31 01-Jun-2005 3 8.490% 2,126.29 Group 4 0771001886 69,683.40 01-May-2005 4 7.500% 2,503.70 Group 4 0781001350 163,225.45 01-Jun-2005 3 9.150% 6,013.84 Group 4 0791000759 54,182.68 01-May-2005 4 7.350% 1,906.15 Group 4 0831030290 148,400.77 01-Jul-2005 2 9.375% 4,485.43 Group 4 0831031018 179,457.50 01-May-2005 4 10.250% 8,917.96 Group 4 0831031024 323,415.70 01-Jan-2005 8 9.990% 26,061.13 Group 4 0841001139 172,496.94 01-Mar-2005 6 7.300% 8,027.39 Group 4 0841002103 59,759.63 01-Jul-2005 2 8.150% 1,562.10 [Download Table] COLLATERAL STATEMENT Collateral Description Mixed Fixed & Arm Weighted Average Gross Coupon 7.130601% Weighted Average Net Coupon 6.830601% Weighted Average Pass-Through Rate 6.129149% Weighted Average Maturity(Stepdown Calculation) 345 Beginning Scheduled Collateral Loan Count 5,397 Number Of Loans Paid In Full 198 Ending Scheduled Collateral Loan Count 5,199 Beginning Scheduled Collateral Balance 921,097,770.23 Ending Scheduled Collateral Balance 883,513,793.06 Ending Actual Collateral Balance at 31-Oct-2005 883,938,015.64 Monthly P&I Constant 6,168,490.57 Special Servicing Fee 0.00 Prepayment Penalties 585,306.90 Realized Loss Amount 0.00 Cumulative Realized Loss 26,830.87 Scheduled Principal 695,173.19 Unscheduled Principal 36,888,803.98 [Download Table] Other Income 419.13 [Download Table] Miscellaneous Reporting General Excess Available Amt 1,232,546.79 Extra Principal Distribution Amt 0.00 Overcollateralization Amt 6,000,000.00 Overcollateralization Defecit Amt 0.00 Stepdown NO Trigger Event NO [Enlarge/Download Table] Group Level Collateral Statement Group Group 1 Group 2 Group 3 Collateral Description Mixed Fixed Mixed ARM Mixed Fixed Weighted Average Coupon Rate 7.285383 7.083945 7.484416 Weighted Average Net Rate 6.985383 6.783945 7.184416 Weighted Average Maturity 346 346 345 Beginning Loan Count 330 1,061 1,002 Loans Paid In Full 5 43 23 Ending Loan Count 325 1,018 979 Beginning Scheduled Balance 47,182,143.00 175,472,696.62 142,828,084.10 Ending Scheduled Balance 46,695,503.95 167,091,832.05 140,200,279.23 Record Date 10/31/2005 10/31/2005 10/31/2005 Principal And Interest Constant 331,287.98 1,159,211.63 1,028,292.04 Scheduled Principal 44,838.00 123,345.81 137,471.34 Unscheduled Principal 441,801.05 8,257,518.76 2,490,333.53 Scheduled Interest 286,449.98 1,035,865.82 890,820.70 Servicing Fees 11,795.54 43,868.17 35,707.02 Master Servicing Fees 0.00 0.00 0.00 Trustee Fee 117.96 438.68 357.07 FRY Amount 0.00 0.00 0.00 Special Hazard Fee 0.00 0.00 0.00 Other Fee 0.00 0.00 0.00 Pool Insurance Fee 0.00 0.00 0.00 Spread 1 0.00 0.00 0.00 Spread 2 0.00 0.00 0.00 Spread 3 17,967.93 113,297.39 60,064.94 Net Interest 274,654.50 991,997.56 855,113.81 Realized Loss Amount 0.00 0.00 0.00 Cumulative Realized Loss 0.00 0.00 24,165.43 Percentage of Cumulative Losses 0.0000 0.0000 0.0141 Prepayment Penalties 0.00 0.00 0.00 Special Servicing Fee 0.00 0.00 0.00 Pass-Through Rate 6.525398 6.006142 6.676768 [Download Table] Group Level Collateral Statement Group Group 4 Total Collateral Description Mixed ARM Mixed Fixed & Arm Weighted Average Coupon Rate 7.041239 7.130601 Weighted Average Net Rate 6.741239 6.830601 Weighted Average Maturity 345 345 Beginning Loan Count 3,004 5,397 Loans Paid In Full 127 198 Ending Loan Count 2,877 5,199 Beginning Scheduled Balance 555,614,846.51 921,097,770.23 Ending scheduled Balance 529,526,177.83 883,513,793.06 Record Date 10/31/2005 10/31/2005 Principal And Interest Constant 3,649,698.92 6,168,490.57 Scheduled Principal 389,518.04 695,173.19 Unscheduled Principal 25,699,150.64 36,888,803.98 Scheduled Interest 3,260,180.88 5,473,317.38 Servicing Fees 138,903.71 230,274.44 Master Servicing Fees 0.00 0.00 Trustee Fee 1,389.04 2,302.75 FRY Amount 0.00 0.00 Special Hazard Fee 0.00 0.00 Other Fee 0.00 0.00 Pool Insurance Fee 0.00 0.00 Spread 1 0.00 0.00 Spread 2 0.00 0.00 Spread 3 344,788.45 536,118.71 Net Interest 3,121,276.69 5,243,042.56 Realized Loss Amount 0.00 0.00 Cumulative Realized Loss 2,665.44 26,830.87 Percentage of Cumulative Losses 0.0004 0.0022 Prepayment Penalties 0.00 0.00 Special Servicing Fee 0.00 0.00 Pass-Through Rate 5.993576 6.129149 [Enlarge/Download Table] Prepayment Detail - Prepayments during Current Period Summary Loans Paid In Full Repurchased Loans Original Current Original Current Principal Principal Principal Principal Group Count Balance Balance Count Balance Balance Group 1 5 445,000.00 438,589.81 0 0.00 0.00 Group 2 43 8,321,253.00 8,246,590.73 0 0.00 0.00 Group 3 23 2,510,492.00 2,480,617.11 0 0.00 0.00 Group 4 127 25,904,760.00 25,703,045.95 0 0.00 0.00 Total 198 37,181,505.00 36,868,843.60 0 0.00 0.00 [Enlarge/Download Table] Prepayment Detail - Prepayments during Current Period (continued) Summary Substitution Loans Liquidated Loans Curtailments Original Current Original Current Principal Principal Principal Principal Curtailment Group Count Balance Balance Count Balance Balance Amount Group 1 0 0.00 0.00 0 0.00 0.00 3,211.24 Group 2 0 0.00 0.00 0 0.00 0.00 10,928.03 Group 3 0 0.00 0.00 0 0.00 0.00 9,716.42 Group 4 0 0.00 0.00 0 0.00 0.00 (3,895.31) Total 0 0.00 0.00 0 0.00 0.00 19,960.38 [Enlarge/Download Table] Prepayment Loan Detail - Prepayments during Current Period First Original Loan LTV at Payment Principal Prepayment Group Number State Origination Date Balance Amount Group 1 0211022775 SC 90.00 01-Oct-2004 72,900.00 70,802.57 Group 1 0211022778 SC 90.00 01-Oct-2004 72,900.00 70,802.57 Group 1 0271018292 MO 90.00 01-Jan-2005 110,700.00 109,838.23 Group 1 0371021840 FL 80.00 01-Jan-2005 120,000.00 119,279.17 Group 1 0371022601 FL 31.93 01-Jan-2005 68,500.00 67,867.27 Group 2 0021058516 CA 65.00 01-Oct-2004 146,250.00 145,318.47 Group 2 0021059544 CA 80.00 01-Nov-2004 283,200.00 279,007.36 Group 2 0021060331 CA 90.00 01-Dec-2004 270,000.00 267,344.45 Group 2 0031030847 CA 85.00 01-Jan-2005 233,750.00 231,221.18 Group 2 0041061906 IL 95.00 01-Nov-2004 185,250.00 183,655.82 Group 2 0071062881 FL 80.00 01-Jan-2005 124,480.00 123,348.68 Group 2 0071062946 FL 80.00 01-Feb-2005 144,000.00 142,964.25 Group 2 0101043382 TX 80.00 01-Oct-2004 52,000.00 51,633.62 Group 2 0101044724 FL 79.00 01-Jan-2005 158,000.00 156,579.39 Group 2 0121036127 WI 77.65 01-Jan-2005 198,000.00 196,196.98 Group 2 0141042845 NY 82.62 01-Jan-2005 356,500.00 353,494.07 Group 2 0161034785 RI 80.00 01-Sep-2004 105,600.00 104,386.26 Group 2 0161036758 RI 80.00 01-Dec-2004 344,800.00 340,667.99 Group 2 0161036760 RI 47.25 01-Nov-2004 215,000.00 212,396.02 Group 2 0161037917 MA 79.89 01-Jan-2005 294,000.00 291,089.72 Group 2 0171022184 NV 80.00 01-Nov-2004 151,200.00 149,428.29 Group 2 0231056679 MA 88.70 01-Dec-2004 306,000.00 302,813.37 Group 2 0231058762 VT 80.00 01-Jan-2005 190,000.00 187,569.45 Group 2 0271015303 MA 75.00 01-Dec-2004 266,250.00 263,477.34 Group 2 0311025159 NJ 64.18 01-Jan-2005 215,000.00 213,190.68 Group 2 0331031323 NY 62.11 01-Jan-2005 295,000.00 292,948.18 Group 2 0341021622 NC 80.00 01-Feb-2005 121,523.00 120,956.00 Group 2 0371021272 FL 80.00 01-Oct-2004 202,400.00 200,615.91 Group 2 0371022552 FL 80.00 01-Jan-2005 64,000.00 63,565.36 Group 2 0381017637 RI 77.19 01-Jan-2005 220,000.00 218,756.93 Group 2 0511031634 AZ 94.39 01-Nov-2004 193,500.00 191,437.76 Group 2 0511032485 CA 90.00 01-Jan-2005 306,000.00 302,517.25 Group 2 0521020260 IL 70.00 01-Dec-2004 104,300.00 103,759.59 Group 2 0621005148 FL 76.09 01-Jan-2005 184,900.00 183,755.10 Group 2 0631005018 CA 60.28 01-Jan-2005 170,000.00 168,269.01 Group 2 0661002656 CA 62.10 01-Jan-2005 154,000.00 152,997.16 Group 2 0661002752 FL 70.00 01-Jan-2005 168,000.00 166,679.30 Group 2 0671001947 CA 88.49 01-Jan-2005 323,000.00 322,913.60 Group 2 0681003087 VT 85.00 01-Jan-2005 136,000.00 135,008.73 Group 2 0691001533 MD 75.00 01-Jan-2005 117,750.00 117,174.18 Group 2 0691001780 MD 80.00 01-Jan-2005 112,000.00 111,391.34 Group 2 0721005290 AZ 80.00 01-Jan-2005 121,600.00 120,733.67 Group 2 0741008566 OH 85.00 01-Jan-2005 112,200.00 111,662.66 Group 2 0781001595 MI 80.00 01-Jan-2005 69,600.00 69,118.74 Group 2 0831025664 CA 75.00 01-Aug-2004 210,000.00 207,436.00 Group 2 0831029458 PA 90.00 01-Aug-2004 225,000.00 222,117.67 Group 2 0831030076 CA 80.00 01-Nov-2004 204,800.00 202,931.34 Group 2 0831030741 NV 80.00 01-Nov-2004 266,400.00 264,061.86 Group 3 0021060999 CA 90.00 01-Jan-2005 126,000.00 125,244.15 Group 3 0081052254 VA 80.00 01-Jan-2005 84,000.00 83,524.39 Group 3 0101044713 TX 76.85 01-Jan-2005 83,000.00 82,366.39 Group 3 0141041815 NJ 67.22 01-Nov-2004 181,500.00 179,471.37 Group 3 0141042960 NY 95.00 01-Jan-2005 66,500.00 66,112.60 Group 3 0141043556 NY 65.00 01-Jan-2005 175,500.00 173,912.03 Group 3 0211022770 SC 90.00 01-Oct-2004 72,900.00 70,802.57 Group 3 0211022782 SC 90.00 01-Oct-2004 72,900.00 70,802.57 Group 3 0231052572 PA 22.80 01-Sep-2004 52,442.00 51,395.32 Group 3 0231056651 NY 95.00 01-Dec-2004 59,850.00 59,528.31 Group 3 0331030528 NY 51.43 01-Dec-2004 180,000.00 176,053.78 Group 3 0331030809 NJ 49.79 01-Dec-2004 120,000.00 118,310.41 Group 3 0371022185 FL 95.00 01-Jan-2005 69,350.00 68,933.47 Group 3 0611011488 NY 80.00 01-Oct-2004 312,000.00 308,646.97 Group 3 0611012750 NY 49.12 01-Jan-2005 140,000.00 136,226.40 Group 3 0641005026 TX 80.00 01-Nov-2004 52,000.00 51,739.79 Group 3 0641005786 TX 80.00 01-Jan-2005 59,200.00 58,827.15 Group 3 0671001798 CA 80.00 01-Jan-2005 130,000.00 128,947.71 Group 3 0681002892 ME 70.00 01-Jan-2005 90,300.00 89,576.06 Group 3 0741008580 FL 80.00 01-Jan-2005 116,000.00 115,173.59 Group 3 0771001367 TX 80.00 01-Oct-2004 58,800.00 57,652.74 Group 3 0831030815 CA 15.00 01-Dec-2004 116,250.00 115,843.19 Group 3 0841001683 MI 80.00 01-Jan-2005 92,000.00 91,526.15 Group 4 0011071745 CA 80.00 01-Dec-2004 500,000.00 500,000.00 Group 4 0011072099 CA 80.00 01-Jan-2005 172,000.00 170,774.64 Group 4 0011072153 CA 75.00 01-Jan-2005 363,750.00 360,348.09 Group 4 0011072186 CA 69.23 01-Jan-2005 180,000.00 179,042.14 Group 4 0011072277 CA 70.00 01-Jan-2005 322,000.00 322,000.00 Group 4 0021060126 NV 85.00 01-Dec-2004 340,000.00 336,350.56 Group 4 0021060251 CA 80.00 01-Dec-2004 68,000.00 68,000.00 Group 4 0021060835 CA 74.24 01-Jan-2005 245,000.00 242,750.17 Group 4 0031027886 CA 70.00 01-Sep-2004 297,500.00 294,341.10 Group 4 0031029380 CA 90.00 01-Nov-2004 99,000.00 97,769.91 Group 4 0031029435 CA 61.87 01-Dec-2004 232,000.00 229,696.24 Group 4 0031029546 CA 80.00 01-Nov-2004 460,000.00 460,000.00 Group 4 0031030336 NV 65.00 01-Dec-2004 190,125.00 189,494.35 Group 4 0031030547 CA 95.00 01-Jan-2005 408,500.00 408,500.00 Group 4 0031030646 CA 74.61 01-Jan-2005 285,000.00 282,845.66 Group 4 0041061298 IL 72.00 01-Sep-2004 108,000.00 106,875.87 Group 4 0041062462 IL 74.81 01-Dec-2004 202,000.00 199,971.02 Group 4 0051054385 GA 80.00 01-Jan-2005 85,200.00 84,639.58 Group 4 0071062286 FL 92.67 01-Jan-2005 695,000.00 695,000.00 Group 4 0071063205 FL 90.00 01-Jan-2005 79,200.00 78,673.82 Group 4 0071063347 FL 65.00 01-Jan-2005 201,500.00 199,961.78 Group 4 0081050212 VA 75.00 01-Oct-2004 622,500.00 615,153.79 Group 4 0081052023 VA 79.43 01-Jan-2005 112,000.00 111,202.07 Group 4 0081052122 VA 95.00 01-Jan-2005 85,500.00 84,812.41 Group 4 0081052134 MD 75.00 01-Jan-2005 337,500.00 334,353.32 Group 4 0091028130 KS 64.71 01-Oct-2004 55,000.00 54,495.56 Group 4 0101043433 TX 80.00 01-Oct-2004 62,400.00 61,984.48 Group 4 0101043561 TX 80.00 01-Oct-2004 148,000.00 146,601.98 Group 4 0101044487 TX 74.92 01-Jan-2005 89,900.00 89,558.69 Group 4 0101044531 TX 80.00 01-Jan-2005 59,200.00 58,985.94 Group 4 0101044688 FL 75.00 01-Jan-2005 130,500.00 129,570.33 Group 4 0121036004 MN 80.00 01-Jan-2005 195,200.00 193,795.49 Group 4 0121036030 MN 80.00 01-Jan-2005 151,820.00 150,076.41 Group 4 0121036171 IA 80.00 01-Jan-2005 88,000.00 87,482.08 Group 4 0121036546 IA 72.22 01-Jan-2005 64,999.00 64,494.96 Group 4 0131029203 KY 78.46 01-Jan-2005 97,290.00 96,883.45 Group 4 0131029590 OH 80.00 01-Jan-2005 164,000.00 162,794.09 Group 4 0141042430 CT 76.19 01-Dec-2004 80,000.00 79,150.97 Group 4 0141043564 CT 61.54 01-Jan-2005 120,000.00 119,092.92 Group 4 0161036637 MA 85.00 01-Nov-2004 331,500.00 327,794.69 Group 4 0161036909 MA 85.00 01-Nov-2004 327,250.00 321,788.47 Group 4 0161037610 MA 79.00 01-Dec-2004 304,150.00 301,662.33 Group 4 0161037988 MA 44.26 01-Jan-2005 114,200.00 113,623.86 Group 4 0161038579 MA 83.75 01-Feb-2005 232,000.00 230,617.53 Group 4 0171022847 NV 83.13 01-Dec-2004 266,000.00 262,599.84 Group 4 0171022983 CA 61.46 01-Jan-2005 126,000.00 125,554.09 Group 4 0171023257 AZ 95.00 01-Jan-2005 128,250.00 127,495.11 Group 4 0191020351 WA 95.00 01-Nov-2004 165,300.00 163,212.62 Group 4 0191021894 WA 93.00 01-Jan-2005 132,060.00 131,019.47 Group 4 0191021960 WA 80.00 01-Jan-2005 176,000.00 174,708.38 Group 4 0191022115 MT 54.11 01-Jan-2005 125,000.00 123,932.23 Group 4 0191022807 OR 95.00 01-Feb-2005 135,850.00 134,793.87 Group 4 0211023644 PA 80.00 01-Dec-2004 232,000.00 230,229.47 Group 4 0211025290 MD 65.00 01-Feb-2005 112,450.00 111,617.14 Group 4 0211025292 MD 65.00 01-Feb-2005 185,250.00 183,877.96 Group 4 0231051832 FL 80.00 01-Sep-2004 124,800.00 123,674.91 Group 4 0231054372 GA 80.00 01-Oct-2004 128,000.00 126,517.92 Group 4 0231055050 NY 90.00 01-Dec-2004 193,500.00 191,971.09 Group 4 0231055676 NY 60.00 01-Dec-2004 94,200.00 92,653.97 Group 4 0231056973 NY 90.00 01-Dec-2004 55,800.00 55,469.34 Group 4 0231058163 MA 69.69 01-Jan-2005 215,000.00 212,379.12 Group 4 0231058248 NJ 80.00 01-Jan-2005 180,000.00 178,907.84 Group 4 0231058507 MA 67.27 01-Jan-2005 222,000.00 219,781.63 Group 4 0231058580 NJ 78.79 01-Jan-2005 130,000.00 128,842.63 Group 4 0231058879 PA 81.93 01-Jan-2005 68,000.00 67,425.80 Group 4 0251034562 MN 70.00 01-Jan-2005 128,450.00 127,281.55 Group 4 0271014702 CT 70.00 01-Sep-2004 182,000.00 179,613.47 Group 4 0271017308 CA 61.85 01-Jan-2005 167,000.00 165,234.17 Group 4 0301000113 OR 90.00 01-Feb-2005 153,000.00 151,892.99 Group 4 0311024111 NJ 80.00 01-Nov-2004 336,000.00 332,350.10 Group 4 0311024671 NJ 63.78 01-Dec-2004 236,000.00 233,495.38 Group 4 0311024992 PA 80.00 01-Dec-2004 140,000.00 138,674.90 Group 4 0331031330 NY 60.27 01-Dec-2004 220,000.00 218,762.04 Group 4 0331031439 NY 75.00 01-Jan-2005 221,250.00 220,265.16 Group 4 0331031560 NY 55.56 01-Jan-2005 200,000.00 198,292.88 Group 4 0331031881 NY 40.23 01-Feb-2005 175,000.00 173,657.29 Group 4 0331031882 CT 65.00 01-Jan-2005 370,500.00 368,611.35 Group 4 0331032323 NY 70.00 01-Jan-2005 206,500.00 204,295.04 Group 4 0331032587 NJ 80.00 01-Feb-2005 170,400.00 169,340.98 Group 4 0341020441 SC 95.00 01-Jan-2005 133,000.00 132,342.78 Group 4 0341020933 VA 90.00 01-Feb-2005 85,500.00 85,005.42 Group 4 0351020528 TX 61.54 01-Sep-2004 80,000.00 79,646.64 Group 4 0361021501 MI 74.22 01-Jan-2005 95,000.00 94,479.58 Group 4 0371022849 FL 80.00 01-Feb-2005 270,704.00 268,224.86 Group 4 0381017053 RI 76.74 01-Dec-2004 165,000.00 162,769.13 Group 4 0381017320 RI 83.94 01-Dec-2004 345,000.00 340,658.11 Group 4 0381017380 MA 73.24 01-Jan-2005 208,000.00 206,439.28 Group 4 0381017711 MA 95.00 01-Jan-2005 361,950.00 358,500.02 Group 4 0381017859 RI 65.00 01-Jan-2005 138,450.00 137,179.58 Group 4 0511032318 AZ 80.00 01-Jan-2005 70,400.00 69,806.40 Group 4 0521018786 OH 75.00 01-Sep-2004 88,425.00 87,329.85 Group 4 0521021270 OH 76.37 01-Jan-2005 132,502.00 131,470.46 Group 4 0611013634 NY 90.00 01-Jan-2005 333,000.00 330,153.20 Group 4 0621005202 FL 80.00 01-Jan-2005 198,400.00 196,606.70 Group 4 0621005402 FL 92.23 01-Jan-2005 95,000.00 94,387.58 Group 4 0631004670 CA 67.59 01-Dec-2004 267,000.00 263,945.52 Group 4 0631005116 CA 95.00 01-Jan-2005 128,725.00 127,639.58 Group 4 0631005155 CA 70.00 01-Jan-2005 241,500.00 241,499.36 Group 4 0631005184 CA 77.22 01-Jan-2005 208,500.00 206,658.70 Group 4 0631005190 CA 69.00 01-Jan-2005 97,290.00 96,533.23 Group 4 0631005387 CA 95.00 01-Jan-2005 408,500.00 408,500.00 Group 4 0651005676 FL 95.00 01-Dec-2004 81,700.00 80,550.22 Group 4 0651006541 MN 80.00 01-Jan-2005 62,800.00 62,466.33 Group 4 0651007066 VA 82.06 01-Feb-2005 535,000.00 535,000.00 Group 4 0661002570 CA 81.72 01-Dec-2004 152,000.00 150,340.57 Group 4 0661003027 CA 62.96 01-Jan-2005 170,000.00 168,301.25 Group 4 0661003232 NV 95.00 01-Jan-2005 232,750.00 230,810.14 Group 4 0661003372 CA 65.00 01-Jan-2005 195,000.00 192,990.90 Group 4 0671001315 CA 95.00 01-Dec-2004 437,000.00 432,000.60 Group 4 0671001438 CA 85.00 01-Jan-2005 369,750.00 367,342.17 Group 4 0671001665 CA 75.00 01-Jan-2005 247,500.00 244,975.18 Group 4 0671001791 CA 60.00 01-Dec-2004 150,000.00 148,746.72 Group 4 0681002279 ME 79.25 01-Dec-2004 168,000.00 165,728.63 Group 4 0681002926 ME 82.29 01-Jan-2005 197,500.00 194,111.88 Group 4 0691001215 MD 70.00 01-Jan-2005 194,600.00 193,676.12 Group 4 0731007937 VA 80.00 01-Jan-2005 191,200.00 189,653.55 Group 4 0731008236 MD 45.45 01-Jan-2005 100,000.00 98,952.84 Group 4 0761005899 WI 85.00 01-Jan-2005 76,500.00 76,054.28 Group 4 0781000670 NY 75.00 01-Dec-2004 1,072,500.00 1,062,052.08 Group 4 0781001450 PA 80.00 01-Jan-2005 148,000.00 146,802.04 Group 4 0831029825 CA 70.00 01-Nov-2004 262,500.00 260,864.58 Group 4 0831030025 NJ 69.23 01-Nov-2004 225,000.00 222,581.03 Group 4 0831030424 SC 80.00 01-Oct-2004 85,600.00 85,081.12 Group 4 0831030431 NJ 90.00 01-Nov-2004 247,500.00 245,493.27 Group 4 0831030885 CA 73.44 01-Nov-2004 235,000.00 232,608.29 Group 4 0841001979 MI 80.00 01-Jan-2005 199,920.00 198,154.47 Group 4 0841002118 MI 95.00 01-Feb-2005 107,350.00 106,489.23 [Enlarge/Download Table] Prepayment Loan Detail - Prepayments during Current Period (continued) Current Loan PIF Months Loan Original Group Number Type Delinquent Rate Term Seasoning Group 1 0211022775 Loan Paid in Full (1) 7.250% 360 13 Group 1 0211022778 Loan Paid in Full (1) 7.250% 360 13 Group 1 0271018292 Loan Paid in Full (1) 7.400% 360 10 Group 1 0371021840 Loan Paid in Full (1) 8.700% 360 10 Group 1 0371022601 Loan Paid in Full (1) 7.950% 360 10 Group 2 0021058516 Loan Paid in Full 0 9.750% 360 13 Group 2 0021059544 Loan Paid in Full (1) 4.990% 360 12 Group 2 0021060331 Loan Paid in Full 0 6.700% 360 11 Group 2 0031030847 Loan Paid in Full (1) 5.675% 360 10 Group 2 0041061906 Loan Paid in Full (1) 7.850% 360 12 Group 2 0071062881 Loan Paid in Full 0 6.600% 360 10 Group 2 0071062946 Loan Paid in Full 0 7.250% 360 10 Group 2 0101043382 Loan Paid in Full 0 9.400% 360 13 Group 2 0101044724 Loan Paid in Full 0 6.900% 360 10 Group 2 0121036127 Loan Paid in Full 0 6.590% 360 10 Group 2 0141042845 Loan Paid in Full 0 6.990% 360 10 Group 2 0161034785 Loan Paid in Full (1) 7.190% 360 14 Group 2 0161036758 Loan Paid in Full (1) 5.650% 360 11 Group 2 0161036760 Loan Paid in Full 0 6.200% 360 12 Group 2 0161037917 Loan Paid in Full (1) 6.150% 360 10 Group 2 0171022184 Loan Paid in Full (1) 6.250% 360 12 Group 2 0231056679 Loan Paid in Full 2 6.400% 360 11 Group 2 0231058762 Loan Paid in Full 0 6.100% 360 10 Group 2 0271015303 Loan Paid in Full 0 6.400% 360 11 Group 2 0311025159 Loan Paid in Full 0 7.000% 360 10 Group 2 0331031323 Loan Paid in Full 0 7.990% 360 10 Group 2 0341021622 Loan Paid in Full 0 9.400% 360 10 Group 2 0371021272 Loan Paid in Full (1) 8.300% 360 13 Group 2 0371022552 Loan Paid in Full (1) 8.090% 360 10 Group 2 0381017637 Loan Paid in Full 0 9.000% 360 10 Group 2 0511031634 Loan Paid in Full (1) 6.750% 360 12 Group 2 0511032485 Loan Paid in Full 0 5.400% 360 10 Group 2 0521020260 Loan Paid in Full 0 9.900% 360 11 Group 2 0621005148 Loan Paid in Full 0 8.550% 360 10 Group 2 0631005018 Loan Paid in Full (1) 6.000% 360 10 Group 2 0661002656 Loan Paid in Full 0 8.300% 360 10 Group 2 0661002752 Loan Paid in Full 0 7.350% 360 10 Group 2 0671001947 Loan Paid in Full (1) 5.350% 360 10 Group 2 0681003087 Loan Paid in Full 0 8.100% 360 10 Group 2 0691001533 Loan Paid in Full 4 9.700% 360 10 Group 2 0691001780 Loan Paid in Full 0 9.190% 360 10 Group 2 0721005290 Loan Paid in Full (1) 7.850% 360 10 Group 2 0741008566 Loan Paid in Full 0 9.800% 360 10 Group 2 0781001595 Loan Paid in Full (1) 8.000% 360 10 Group 2 0831025664 Loan Paid in Full (1) 7.250% 360 15 Group 2 0831029458 Loan Paid in Full 3 7.000% 360 15 Group 2 0831030076 Loan Paid in Full (1) 7.625% 360 12 Group 2 0831030741 Loan Paid in Full 0 7.750% 360 12 Group 3 0021060999 Loan Paid in Full 0 8.750% 360 10 Group 3 0081052254 Loan Paid in Full (1) 8.990% 360 10 Group 3 0101044713 Loan Paid in Full 0 7.500% 360 10 Group 3 0141041815 Loan Paid in Full (1) 6.500% 360 12 Group 3 0141042960 Loan Paid in Full (1) 8.850% 360 10 Group 3 0141043556 Loan Paid in Full 0 6.990% 360 10 Group 3 0211022770 Loan Paid in Full (1) 7.250% 360 13 Group 3 0211022782 Loan Paid in Full (1) 7.250% 360 13 Group 3 0231052572 Loan Paid in Full (1) 9.800% 240 14 Group 3 0231056651 Loan Paid in Full 0 9.890% 360 11 Group 3 0331030528 Loan Paid in Full (1) 6.990% 240 11 Group 3 0331030809 Loan Paid in Full (1) 7.500% 360 11 Group 3 0371022185 Loan Paid in Full (1) 8.700% 360 10 Group 3 0611011488 Loan Paid in Full 0 7.150% 360 13 Group 3 0611012750 Loan Paid in Full 0 9.250% 180 10 Group 3 0641005026 Loan Paid in Full 0 10.500% 360 12 Group 3 0641005786 Loan Paid in Full 0 8.500% 360 10 Group 3 0671001798 Loan Paid in Full (1) 7.200% 360 10 Group 3 0681002892 Loan Paid in Full 0 7.250% 360 10 Group 3 0741008580 Loan Paid in Full (1) 7.850% 360 10 Group 3 0771001367 Loan Paid in Full (1) 9.350% 240 13 Group 3 0831030815 Loan Paid in Full (1) 11.750% 360 11 Group 3 0841001683 Loan Paid in Full 0 9.450% 360 10 Group 4 0011071745 Loan Paid in Full (1) 5.500% 360 11 Group 4 0011072099 Loan Paid in Full 0 7.850% 360 10 Group 4 0011072153 Loan Paid in Full (1) 6.450% 360 10 Group 4 0011072186 Loan Paid in Full (1) 9.650% 360 10 Group 4 0011072277 Loan Paid in Full (1) 6.050% 360 10 Group 4 0021060126 Loan Paid in Full (1) 6.240% 360 11 Group 4 0021060251 Loan Paid in Full 0 6.250% 360 11 Group 4 0021060835 Loan Paid in Full (1) 6.546% 360 10 Group 4 0031027886 Loan Paid in Full 0 7.600% 360 14 Group 4 0031029380 Loan Paid in Full (1) 6.800% 360 12 Group 4 0031029435 Loan Paid in Full (1) 6.650% 360 11 Group 4 0031029546 Loan Paid in Full 5 5.150% 360 12 Group 4 0031030336 Loan Paid in Full (1) 11.990% 360 11 Group 4 0031030547 Loan Paid in Full 0 6.750% 360 10 Group 4 0031030646 Loan Paid in Full 0 7.550% 360 10 Group 4 0041061298 Loan Paid in Full 4 7.700% 360 14 Group 4 0041062462 Loan Paid in Full (1) 6.590% 360 11 Group 4 0051054385 Loan Paid in Full (1) 8.250% 360 10 Group 4 0071062286 Loan Paid in Full (1) 7.800% 360 10 Group 4 0071063205 Loan Paid in Full 0 8.200% 360 10 Group 4 0071063347 Loan Paid in Full (1) 7.500% 360 10 Group 4 0081050212 Loan Paid in Full (2) 6.650% 360 13 Group 4 0081052023 Loan Paid in Full 0 7.850% 360 10 Group 4 0081052122 Loan Paid in Full 0 7.400% 360 10 Group 4 0081052134 Loan Paid in Full (1) 7.890% 360 10 Group 4 0091028130 Loan Paid in Full 0 7.950% 360 13 Group 4 0101043433 Loan Paid in Full (1) 9.990% 360 13 Group 4 0101043561 Loan Paid in Full 0 7.800% 360 13 Group 4 0101044487 Loan Paid in Full (1) 10.900% 360 10 Group 4 0101044531 Loan Paid in Full 0 11.150% 360 10 Group 4 0101044688 Loan Paid in Full (1) 7.850% 360 10 Group 4 0121036004 Loan Paid in Full 0 7.800% 360 10 Group 4 0121036030 Loan Paid in Full 0 6.690% 360 10 Group 4 0121036171 Loan Paid in Full 1 8.800% 360 10 Group 4 0121036546 Loan Paid in Full (1) 7.490% 360 10 Group 4 0131029203 Loan Paid in Full 1 10.450% 360 10 Group 4 0131029590 Loan Paid in Full 0 7.690% 360 10 Group 4 0141042430 Loan Paid in Full (1) 6.300% 360 11 Group 4 0141043564 Loan Paid in Full (1) 7.550% 360 10 Group 4 0161036637 Loan Paid in Full (1) 6.500% 360 12 Group 4 0161036909 Loan Paid in Full (1) 5.950% 360 12 Group 4 0161037610 Loan Paid in Full (1) 7.650% 360 11 Group 4 0161037988 Loan Paid in Full 1 9.550% 360 10 Group 4 0161038579 Loan Paid in Full 0 8.200% 360 10 Group 4 0171022847 Loan Paid in Full (1) 5.990% 360 11 Group 4 0171022983 Loan Paid in Full 0 11.250% 360 10 Group 4 0171023257 Loan Paid in Full (1) 8.800% 360 10 Group 4 0191020351 Loan Paid in Full 0 5.850% 360 12 Group 4 0191021894 Loan Paid in Full 0 7.350% 360 10 Group 4 0191021960 Loan Paid in Full 0 7.700% 360 10 Group 4 0191022115 Loan Paid in Full 0 8.150% 360 10 Group 4 0191022807 Loan Paid in Full 0 6.850% 360 10 Group 4 0211023644 Loan Paid in Full 0 8.000% 360 11 Group 4 0211025290 Loan Paid in Full (1) 7.100% 360 10 Group 4 0211025292 Loan Paid in Full (1) 7.100% 360 10 Group 4 0231051832 Loan Paid in Full (1) 8.450% 360 14 Group 4 0231054372 Loan Paid in Full 0 6.750% 360 13 Group 4 0231055050 Loan Paid in Full (1) 7.825% 360 11 Group 4 0231055676 Loan Paid in Full (1) 9.700% 360 11 Group 4 0231056973 Loan Paid in Full 0 9.350% 360 11 Group 4 0231058163 Loan Paid in Full 0 5.100% 360 10 Group 4 0231058248 Loan Paid in Full (1) 8.650% 360 10 Group 4 0231058507 Loan Paid in Full 0 6.100% 360 10 Group 4 0231058580 Loan Paid in Full 0 6.750% 360 10 Group 4 0231058879 Loan Paid in Full (1) 7.250% 360 10 Group 4 0251034562 Loan Paid in Full (1) 7.850% 360 10 Group 4 0271014702 Loan Paid in Full 0 6.500% 360 14 Group 4 0271017308 Loan Paid in Full (1) 6.200% 360 10 Group 4 0301000113 Loan Paid in Full (1) 7.220% 360 10 Group 4 0311024111 Loan Paid in Full (1) 6.650% 360 12 Group 4 0311024671 Loan Paid in Full 0 6.300% 360 11 Group 4 0311024992 Loan Paid in Full (1) 6.900% 360 11 Group 4 0331031330 Loan Paid in Full 0 9.600% 360 11 Group 4 0331031439 Loan Paid in Full 0 10.150% 360 10 Group 4 0331031560 Loan Paid in Full 0 7.650% 360 10 Group 4 0331031881 Loan Paid in Full (1) 7.350% 360 10 Group 4 0331031882 Loan Paid in Full 0 9.500% 360 10 Group 4 0331032323 Loan Paid in Full (1) 5.750% 360 10 Group 4 0331032587 Loan Paid in Full 0 7.990% 360 10 Group 4 0341020441 Loan Paid in Full (1) 9.650% 360 10 Group 4 0341020933 Loan Paid in Full (1) 8.400% 360 10 Group 4 0351020528 Loan Paid in Full 0 11.850% 360 14 Group 4 0361021501 Loan Paid in Full 2 10.250% 360 10 Group 4 0371022849 Loan Paid in Full 0 5.990% 360 10 Group 4 0381017053 Loan Paid in Full 0 4.990% 360 11 Group 4 0381017320 Loan Paid in Full (1) 6.990% 360 11 Group 4 0381017380 Loan Paid in Full (1) 7.600% 360 10 Group 4 0381017711 Loan Paid in Full (1) 6.350% 360 10 Group 4 0381017859 Loan Paid in Full 0 6.550% 360 10 Group 4 0511032318 Loan Paid in Full 0 6.990% 360 10 Group 4 0521018786 Loan Paid in Full (1) 6.800% 360 14 Group 4 0521021270 Loan Paid in Full (1) 7.400% 360 10 Group 4 0611013634 Loan Paid in Full 0 6.950% 360 10 Group 4 0621005202 Loan Paid in Full (1) 7.400% 360 10 Group 4 0621005402 Loan Paid in Full (1) 8.350% 360 10 Group 4 0631004670 Loan Paid in Full (1) 5.900% 360 11 Group 4 0631005116 Loan Paid in Full (1) 6.990% 360 10 Group 4 0631005155 Loan Paid in Full 0 5.740% 360 10 Group 4 0631005184 Loan Paid in Full (1) 6.750% 360 10 Group 4 0631005190 Loan Paid in Full 0 7.600% 360 10 Group 4 0631005387 Loan Paid in Full (1) 6.500% 360 10 Group 4 0651005676 Loan Paid in Full (1) 6.800% 360 11 Group 4 0651006541 Loan Paid in Full 0 9.300% 360 10 Group 4 0651007066 Loan Paid in Full (1) 6.250% 360 10 Group 4 0661002570 Loan Paid in Full (1) 6.150% 360 11 Group 4 0661003027 Loan Paid in Full 0 6.100% 360 10 Group 4 0661003232 Loan Paid in Full 0 7.050% 360 10 Group 4 0661003372 Loan Paid in Full (1) 6.000% 360 10 Group 4 0671001315 Loan Paid in Full 0 5.900% 360 11 Group 4 0671001438 Loan Paid in Full (1) 8.300% 360 10 Group 4 0671001665 Loan Paid in Full 0 5.990% 360 10 Group 4 0671001791 Loan Paid in Full (1) 7.550% 360 11 Group 4 0681002279 Loan Paid in Full (1) 4.990% 360 11 Group 4 0681002926 Loan Paid in Full 0 6.400% 360 10 Group 4 0691001215 Loan Paid in Full (1) 10.350% 360 10 Group 4 0731007937 Loan Paid in Full 0 7.750% 360 10 Group 4 0731008236 Loan Paid in Full (1) 5.850% 360 10 Group 4 0761005899 Loan Paid in Full (1) 8.850% 360 10 Group 4 0781000670 Loan Paid in Full 1 6.750% 360 11 Group 4 0781001450 Loan Paid in Full 0 7.500% 360 10 Group 4 0831029825 Loan Paid in Full 0 9.450% 360 12 Group 4 0831030025 Loan Paid in Full 0 6.875% 360 12 Group 4 0831030424 Loan Paid in Full 0 9.990% 360 13 Group 4 0831030431 Loan Paid in Full 0 8.150% 360 12 Group 4 0831030885 Loan Paid in Full 0 6.990% 360 12 Group 4 0841001979 Loan Paid in Full (1) 6.750% 360 10 Group 4 0841002118 Loan Paid in Full (1) 6.700% 360 10 [Enlarge/Download Table] Prepayment - Voluntary Prepayments Summary SMM CPR PSA Current Month 4.008% Current Month 38.789% Current Month 1,796.611% 3 Month Average 4.117% 3 Month Average 39.571% 3 Month Average 2,040.894% 12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CPR: Current vs 12mo Average* PSA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 10.970% N/A Feb-2005 3,068.876% N/A Mar-2005 12.101% N/A Mar-2005 2,172.243% N/A Apr-2005 22.335% N/A Apr-2005 2,904.738% N/A May-2005 19.689% N/A May-2005 2,037.460% N/A Jun-2005 35.448% N/A Jun-2005 3,040.479% N/A Jul-2005 35.403% N/A Jul-2005 2,594.979% N/A Aug-2005 38.135% N/A Aug-2005 2,443.724% N/A Sep-2005 42.864% N/A Sep-2005 2,434.411% N/A Oct-2005 37.058% N/A Oct-2005 1,891.659% N/A Nov-2005 38.789% N/A Nov-2005 1,796.611% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. Group 1 SMM CPR PSA Current Month 0.937% Current Month 10.685% Current Month 506.103% 3 Month Average 2.057% 3 Month Average 21.538% 3 Month Average 1,149.267% 12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CPR: Current vs 12mo Average* PSA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 4.672% N/A Feb-2005 1,451.990% N/A Mar-2005 4.187% N/A Mar-2005 803.343% N/A Apr-2005 9.421% N/A Apr-2005 1,298.568% N/A May-2005 11.287% N/A May-2005 1,223.123% N/A Jun-2005 26.367% N/A Jun-2005 2,353.925% N/A Jul-2005 18.208% N/A Jul-2005 1,377.973% N/A Aug-2005 33.256% N/A Aug-2005 2,193.751% N/A Sep-2005 20.138% N/A Sep-2005 1,174.464% N/A Oct-2005 33.790% N/A Oct-2005 1,767.235% N/A Nov-2005 10.685% N/A Nov-2005 506.103% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. Group 2 SMM CPR PSA Current Month 4.709% Current Month 43.945% Current Month 2,046.399% 3 Month Average 5.031% 3 Month Average 46.141% 3 Month Average 2,391.757% 12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CPR: Current vs 12mo Average* PSA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 9.000% N/A Feb-2005 2,596.840% N/A Mar-2005 13.158% N/A Mar-2005 2,399.460% N/A Apr-2005 13.165% N/A Apr-2005 1,744.073% N/A May-2005 26.441% N/A May-2005 2,779.419% N/A Jun-2005 40.298% N/A Jun-2005 3,501.960% N/A Jul-2005 31.802% N/A Jul-2005 2,356.162% N/A Aug-2005 35.926% N/A Aug-2005 2,319.176% N/A Sep-2005 48.725% N/A Sep-2005 2,782.209% N/A Oct-2005 45.752% N/A Oct-2005 2,346.664% N/A Nov-2005 43.945% N/A Nov-2005 2,046.399% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. Group 3 SMM CPR PSA Current Month 1.745% Current Month 19.045% Current Month 885.996% 3 Month Average 2.750% 3 Month Average 28.183% 3 Month Average 1,479.515% 12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CPR: Current vs 12mo Average* PSA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 5.545% N/A Feb-2005 1,596.301% N/A Mar-2005 10.229% N/A Mar-2005 1,870.077% N/A Apr-2005 19.037% N/A Apr-2005 2,515.899% N/A May-2005 16.808% N/A May-2005 1,757.745% N/A Jun-2005 20.832% N/A Jun-2005 1,799.251% N/A Jul-2005 16.695% N/A Jul-2005 1,228.419% N/A Aug-2005 30.064% N/A Aug-2005 1,938.179% N/A Sep-2005 33.603% N/A Sep-2005 1,917.249% N/A Oct-2005 31.900% N/A Oct-2005 1,635.299% N/A Nov-2005 19.045% N/A Nov-2005 885.996% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. Group 4 SMM CPR PSA Current Month 4.629% Current Month 43.374% Current Month 1,999.335% 3 Month Average 4.345% 3 Month Average 41.202% 3 Month Average 2,110.043% 12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CPR: Current vs 12mo Average* PSA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 13.241% N/A Feb-2005 3,618.048% N/A Mar-2005 12.773% N/A Mar-2005 2,260.855% N/A Apr-2005 26.644% N/A Apr-2005 3,417.201% N/A May-2005 18.727% N/A May-2005 1,916.987% N/A Jun-2005 37.632% N/A Jun-2005 3,199.372% N/A Jul-2005 41.464% N/A Jul-2005 3,018.283% N/A Aug-2005 41.046% N/A Aug-2005 2,613.920% N/A Sep-2005 44.625% N/A Sep-2005 2,521.577% N/A Oct-2005 35.608% N/A Oct-2005 1,809.216% N/A Nov-2005 43.374% N/A Nov-2005 1,999.335% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. <FN> Calculation Methodology: Single Month Mortality (SMM): (Partial and full prepayments + Repurchases) / (Beginning Scheduled Balance - Scheduled Principal) Conditional PrePayment Rate (CPR): 1 - ((1 - SMM)^12) PSA Standard Prepayment Model: 100 * CPR / (0.2 * MIN(30,WAS)) Weighted Average Seasoning (WAS): sum((Original Term - Remaining Term)*(Current Scheduled Balance/Deal Scheduled Principal Balance)) </FN> [Enlarge/Download Table] Realized Loss Detail Report - Loans with Losses during Current Period Summary # Loans Prior Realized Current with Principal Loss/(Gain) Loss Group Losses Balance Amount Percentage Group 1 0 0.00 0.00 0.000% Group 2 0 0.00 0.00 0.000% Group 3 0 0.00 0.00 0.000% Group 4 0 0.00 0.00 0.000% Total 0 0.00 0.00 0.000% [Enlarge/Download Table] Realized Loss Loan Detail Report - Loans With Losses during Current Period Original Current Loan Principal Note LTV at Original Group Number Balance Rate State Origination Term No losses this period. [Enlarge/Download Table] Realized Loss Loan Detail Report - Loans With Losses during Current Period (continued) Prior Cumulative Loan Principal Realized Realized Group Number Balance Loss/(Gain) Loss/(Gain) No losses this period. [Enlarge/Download Table] Realized Loss Report - Collateral Summary MDR SDA Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% MDR: Current vs 12mo Average* SDA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 0.000% N/A Feb-2005 0.000% N/A Mar-2005 0.000% N/A Mar-2005 0.000% N/A Apr-2005 0.019% N/A Apr-2005 2.993% N/A May-2005 0.000% N/A May-2005 0.000% N/A Jun-2005 0.000% N/A Jun-2005 0.000% N/A Jul-2005 0.015% N/A Jul-2005 1.336% N/A Aug-2005 0.000% N/A Aug-2005 0.000% N/A Sep-2005 0.000% N/A Sep-2005 0.000% N/A Oct-2005 0.000% N/A Oct-2005 0.000% N/A Nov-2005 0.000% N/A Nov-2005 0.000% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. CDR Loss Severity Approximation Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CDR: Current vs 12mo Average* Loss Severity: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 0.000% N/A Feb-2005 0.000% N/A Mar-2005 0.000% N/A Mar-2005 0.000% N/A Apr-2005 0.230% N/A Apr-2005 11.138% N/A May-2005 0.000% N/A May-2005 0.000% N/A Jun-2005 0.000% N/A Jun-2005 0.000% N/A Jul-2005 0.182% N/A Jul-2005 1.847% N/A Aug-2005 0.000% N/A Aug-2005 0.000% N/A Sep-2005 0.000% N/A Sep-2005 0.000% N/A Oct-2005 0.000% N/A Oct-2005 0.000% N/A Nov-2005 0.000% N/A Nov-2005 0.000% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. Group 1 MDR SDA Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% MDR: Current vs 12mo Average* SDA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 0.000% N/A Feb-2005 0.000% N/A Mar-2005 0.000% N/A Mar-2005 0.000% N/A Apr-2005 0.000% N/A Apr-2005 0.000% N/A May-2005 0.000% N/A May-2005 0.000% N/A Jun-2005 0.000% N/A Jun-2005 0.000% N/A Jul-2005 0.000% N/A Jul-2005 0.000% N/A Aug-2005 0.000% N/A Aug-2005 0.000% N/A Sep-2005 0.000% N/A Sep-2005 0.000% N/A Oct-2005 0.000% N/A Oct-2005 0.000% N/A Nov-2005 0.000% N/A Nov-2005 0.000% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. CDR Loss Severity Approximation Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CDR: Current vs 12mo Average* Loss Severity: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 0.000% N/A Feb-2005 0.000% N/A Mar-2005 0.000% N/A Mar-2005 0.000% N/A Apr-2005 0.000% N/A Apr-2005 0.000% N/A May-2005 0.000% N/A May-2005 0.000% N/A Jun-2005 0.000% N/A Jun-2005 0.000% N/A Jul-2005 0.000% N/A Jul-2005 0.000% N/A Aug-2005 0.000% N/A Aug-2005 0.000% N/A Sep-2005 0.000% N/A Sep-2005 0.000% N/A Oct-2005 0.000% N/A Oct-2005 0.000% N/A Nov-2005 0.000% N/A Nov-2005 0.000% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. Group 2 MDR SDA Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% MDR: Current vs 12mo Average* SDA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 0.000% N/A Feb-2005 0.000% N/A Mar-2005 0.000% N/A Mar-2005 0.000% N/A Apr-2005 0.000% N/A Apr-2005 0.000% N/A May-2005 0.000% N/A May-2005 0.000% N/A Jun-2005 0.000% N/A Jun-2005 0.000% N/A Jul-2005 0.000% N/A Jul-2005 0.000% N/A Aug-2005 0.000% N/A Aug-2005 0.000% N/A Sep-2005 0.000% N/A Sep-2005 0.000% N/A Oct-2005 0.000% N/A Oct-2005 0.000% N/A Nov-2005 0.000% N/A Nov-2005 0.000% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. CDR Loss Severity Approximation Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CDR: Current vs 12mo Average* Loss Severity: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 0.000% N/A Feb-2005 0.000% N/A Mar-2005 0.000% N/A Mar-2005 0.000% N/A Apr-2005 0.000% N/A Apr-2005 0.000% N/A May-2005 0.000% N/A May-2005 0.000% N/A Jun-2005 0.000% N/A Jun-2005 0.000% N/A Jul-2005 0.000% N/A Jul-2005 0.000% N/A Aug-2005 0.000% N/A Aug-2005 0.000% N/A Sep-2005 0.000% N/A Sep-2005 0.000% N/A Oct-2005 0.000% N/A Oct-2005 0.000% N/A Nov-2005 0.000% N/A Nov-2005 0.000% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. Group 3 MDR SDA Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% MDR: Current vs 12mo Average* SDA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 0.000% N/A Feb-2005 0.000% N/A Mar-2005 0.000% N/A Mar-2005 0.000% N/A Apr-2005 0.133% N/A Apr-2005 20.963% N/A May-2005 0.000% N/A May-2005 0.000% N/A Jun-2005 0.000% N/A Jun-2005 0.000% N/A Jul-2005 0.000% N/A Jul-2005 0.000% N/A Aug-2005 0.000% N/A Aug-2005 0.000% N/A Sep-2005 0.000% N/A Sep-2005 0.000% N/A Oct-2005 0.000% N/A Oct-2005 0.000% N/A Nov-2005 0.000% N/A Nov-2005 0.000% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. CDR Loss Severity Approximation Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CDR: Current vs 12mo Average* Loss Severity: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 0.000% N/A Feb-2005 0.000% N/A Mar-2005 0.000% N/A Mar-2005 0.000% N/A Apr-2005 1.586% N/A Apr-2005 11.138% N/A May-2005 0.000% N/A May-2005 0.000% N/A Jun-2005 0.000% N/A Jun-2005 0.000% N/A Jul-2005 0.000% N/A Jul-2005 0.000% N/A Aug-2005 0.000% N/A Aug-2005 0.000% N/A Sep-2005 0.000% N/A Sep-2005 0.000% N/A Oct-2005 0.000% N/A Oct-2005 0.000% N/A Nov-2005 0.000% N/A Nov-2005 0.000% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. Group 4 MDR SDA Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% MDR: Current vs 12mo Average* SDA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 0.000% N/A Feb-2005 0.000% N/A Mar-2005 0.000% N/A Mar-2005 0.000% N/A Apr-2005 0.000% N/A Apr-2005 0.000% N/A May-2005 0.000% N/A May-2005 0.000% N/A Jun-2005 0.000% N/A Jun-2005 0.000% N/A Jul-2005 0.025% N/A Jul-2005 2.170% N/A Aug-2005 0.000% N/A Aug-2005 0.000% N/A Sep-2005 0.000% N/A Sep-2005 0.000% N/A Oct-2005 0.000% N/A Oct-2005 0.000% N/A Nov-2005 0.000% N/A Nov-2005 0.000% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. CDR Loss Severity Approximation Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CDR: Current vs 12mo Average* Loss Severity: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 0.000% N/A Feb-2005 0.000% N/A Mar-2005 0.000% N/A Mar-2005 0.000% N/A Apr-2005 0.000% N/A Apr-2005 0.000% N/A May-2005 0.000% N/A May-2005 0.000% N/A Jun-2005 0.000% N/A Jun-2005 0.000% N/A Jul-2005 0.298% N/A Jul-2005 1.847% N/A Aug-2005 0.000% N/A Aug-2005 0.000% N/A Sep-2005 0.000% N/A Sep-2005 0.000% N/A Oct-2005 0.000% N/A Oct-2005 0.000% N/A Nov-2005 0.000% N/A Nov-2005 0.000% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. <FN> </FN> <FN> Calculation Methodology: Monthly Default Rate (MDR): sum(Beg Principal Balance of Liquidated Loans)/ sum(Beg Principal Balance). Conditional Default Rate (CDR): 1-((1-MDR)^12) SDA Standard Default Assumption: If WAS is less than or equal to 30 then CDR/(WAS*0.02) else if WAS is greater than 30 and less than or equal to 60 then CDR/0.6 else if WAS is greater than 60 and less than or equal to 120 then CDR/(0.6 - ((WAS-60)*0.0095)) else if WAS is greater than 120 then CDR/0.03 Loss Severity Approximation for current period: sum(Realized Loss Amount)/sum(Beg Principal Balance of Liquidated Loans) </FN>

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Filed on:12/2/05None on these Dates
For Period End:11/25/05
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