exv10w1



 





     



EXHIBIT 10.1




	 	 	 	 	 
	Contact:	 	Customer Services — CTSLink
	 	 	Wells Fargo Bank Minnesota, N.A.
	 	 	Securities Administration Services
	 	 	7485 New Horizon Way
	 	 	Frederick, MD 21703
	 	 	www.ctslink.com
	 

	 	Telephone:
	 	(301) 815-6600
	 

	 	Fax:
	 	(301) 315-6660






SMT SERIES 2005-2

Record Date: February 28, 2006

Distribution Date: March 20, 2006




Certificateholder Distribution Summary




	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	Certificate	 	Certificate	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	Class	 	Pass-Through	 	Beginning	 	Interest	 	Principal	 	Current	 	Ending Certificate	 	Total	 	Cumulative
	Class	 	CUSIP	 	Description	 	Rate	 	Certificate Balance	 	Distribution	 	Distribution	 	Realized Loss	 	Balance	 	Distribution	 	Realized Loss
	 
	A-1
	 	 	81744FGY7	 	 	SEN	 	 	4.79000	%	 	 	109,856,989.97	 	 	 	430,787.10	 	 	 	8,392,573.41	 	 	 	0.00	 	 	 	101,464,416.56	 	 	 	8,823,360.51	 	 	 	0.00	 
	A-2
	 	 	81744FGZ4	 	 	SEN	 	 	5.19000	%	 	 	64,994,436.99	 	 	 	281,100.94	 	 	 	5,884,358.83	 	 	 	0.00	 	 	 	59,110,078.16	 	 	 	6,165,459.77	 	 	 	0.00	 
	A-R
	 	 	81744FHJ9	 	 	REZ	 	 	4.01945	%	 	 	0.00	 	 	 	0.08	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.08	 	 	 	0.00	 
	X-A
	 	 	81744FHD2	 	 	IO	 	 	0.77841	%	 	 	0.00	 	 	 	111,985.62	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	111,985.62	 	 	 	0.00	 
	B-1
	 	 	81744FHA8	 	 	SUB	 	 	4.96000	%	 	 	6,016,000.00	 	 	 	24,596.40	 	 	 	0.00	 	 	 	0.00	 	 	 	6,016,000.00	 	 	 	24,596.40	 	 	 	0.00	 
	B-2
	 	 	81744FHB6	 	 	SUB	 	 	5.24000	%	 	 	3,266,000.00	 	 	 	14,106.83	 	 	 	0.00	 	 	 	0.00	 	 	 	3,266,000.00	 	 	 	14,106.83	 	 	 	0.00	 
	X-B
	 	 	81744FHE0	 	 	IO	 	 	0.65981	%	 	 	0.00	 	 	 	5,048.28	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	5,048.28	 	 	 	0.00	 
	B-3
	 	 	81744FHC4	 	 	SUB	 	 	5.71833	%	 	 	1,890,000.00	 	 	 	8,908.68	 	 	 	0.00	 	 	 	0.00	 	 	 	1,890,000.00	 	 	 	8,908.68	 	 	 	0.00	 
	B-4
	 	 	81744FHF7	 	 	SUB	 	 	5.71833	%	 	 	1,231,000.00	 	 	 	5,802.43	 	 	 	0.00	 	 	 	0.00	 	 	 	1,231,000.00	 	 	 	5,802.43	 	 	 	0.00	 
	B-5
	 	 	81744FHG5	 	 	SUB	 	 	5.71833	%	 	 	687,000.00	 	 	 	3,238.23	 	 	 	0.00	 	 	 	0.00	 	 	 	687,000.00	 	 	 	3,238.23	 	 	 	0.00	 
	B-6
	 	 	81744FHH3	 	 	SUB	 	 	5.71833	%	 	 	1,549,605.55	 	 	 	7,304.20	 	 	 	0.00	 	 	 	0.00	 	 	 	1,549,605.55	 	 	 	7,304.20	 	 	 	0.00	 
	 
	Totals
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	189,491,032.51	 	 	 	892,878.79	 	 	 	14,276,932.24	 	 	 	0.00	 	 	 	175,214,100.27	 	 	 	15,169,811.03	 	 	 	0.00	 
	 





Principal Distribution Statement




	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	Beginning	 	Scheduled	 	Unscheduled	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Original 	 	Certificate	 	Principal	 	Principal	 	 	 	 	 	Realized	 	Total Principal	 	Ending Certificate	 	Ending Certificate	 	Total Principal
	Class	 	Face Amount	 	Balance	 	Distribution	 	Distribution	 	Accretion	 	Loss	 	Reduction	 	Balance	 	Percentage	 	Distribution
	 
	A-1
	 	 	202,462,000.00	 	 	 	109,856,989.97	 	 	 	713.49	 	 	 	8,391,859.92	 	 	 	0.00	 	 	 	0.00	 	 	 	8,392,573.41	 	 	 	101,464,416.56	 	 	 	0.50115289	 	 	 	8,392,573.41	 
	A-2
	 	 	126,737,000.00	 	 	 	64,994,436.99	 	 	 	410.54	 	 	 	5,883,948.29	 	 	 	0.00	 	 	 	0.00	 	 	 	5,884,358.83	 	 	 	59,110,078.16	 	 	 	0.46639954	 	 	 	5,884,358.83	 
	A-R
	 	 	100.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00000000	 	 	 	0.00	 
	X-A
	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00000000	 	 	 	0.00	 
	B-1
	 	 	6,016,000.00	 	 	 	6,016,000.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	6,016,000.00	 	 	 	1.00000000	 	 	 	0.00	 
	B-2
	 	 	3,266,000.00	 	 	 	3,266,000.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	3,266,000.00	 	 	 	1.00000000	 	 	 	0.00	 
	X-B
	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00000000	 	 	 	0.00	 
	B-3
	 	 	1,890,000.00	 	 	 	1,890,000.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	1,890,000.00	 	 	 	1.00000000	 	 	 	0.00	 
	B-4
	 	 	1,231,000.00	 	 	 	1,231,000.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	1,231,000.00	 	 	 	1.00000000	 	 	 	0.00	 
	B-5
	 	 	687,000.00	 	 	 	687,000.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	687,000.00	 	 	 	1.00000000	 	 	 	0.00	 
	B-6
	 	 	1,549,605.55	 	 	 	1,549,605.55	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	1,549,605.55	 	 	 	1.00000000	 	 	 	0.00	 
	 
	Totals
	 	 	343,838,705.55	 	 	 	189,491,032.51	 	 	 	1,124.03	 	 	 	14,275,808.21	 	 	 	0.00	 	 	 	0.00	 	 	 	14,276,932.24	 	 	 	175,214,100.27	 	 	 	0.50958225	 	 	 	14,276,932.24	 
	 





 









 








Principal Distribution Factors Statement




	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	Beginning	 	Scheduled	 	Unscheduled	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	Ending	 	 
	 	 	Original Face	 	Certificate	 	Principal	 	Principal	 	 	 	 	 	Realized	 	Total Principal	 	Ending Certificate	 	Certificate	 	Total Principal
	Class	 	Amount	 	Balance	 	Distribution	 	Distribution	 	Accretion	 	Loss	 	Reduction	 	Balance	 	Percentage	 	Distribution
	 
	A-1
	 	 	202,462,000.00	 	 	 	542.60547644	 	 	 	0.00352407	 	 	 	41.44906165	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	41.45258572	 	 	 	501.15289072	 	 	 	0.50115289	 	 	 	41.45258572	 
	A-2
	 	 	126,737,000.00	 	 	 	512.82922106	 	 	 	0.00323931	 	 	 	46.42644445	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	46.42968375	 	 	 	466.39953731	 	 	 	0.46639954	 	 	 	46.42968375	 
	A-R
	 	 	100.00	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 
	X-A
	 	 	0.00	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 
	B-1
	 	 	6,016,000.00	 	 	 	1000.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	1000.00000000	 	 	 	1.00000000	 	 	 	0.00000000	 
	B-2
	 	 	3,266,000.00	 	 	 	1000.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	1000.00000000	 	 	 	1.00000000	 	 	 	0.00000000	 
	X-B
	 	 	0.00	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 
	B-3
	 	 	1,890,000.00	 	 	 	1000.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	1000.00000000	 	 	 	1.00000000	 	 	 	0.00000000	 
	B-4
	 	 	1,231,000.00	 	 	 	1000.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	1000.00000000	 	 	 	1.00000000	 	 	 	0.00000000	 
	B-5
	 	 	687,000.00	 	 	 	1000.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	1000.00000000	 	 	 	1.00000000	 	 	 	0.00000000	 
	B-6
	 	 	1,549,605.55	 	 	 	1000.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	1000.00000000	 	 	 	1.00000000	 	 	 	0.00000000	 





All Classes per $1,000 denomination.




Interest Distribution- Statement




	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	Payment	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	of	 	 	 	 	 	Non-	 	 	 	 	 	Remaining	 	Ending
	 	 	 	 	 	 	 	 	 	 	Current	 	Beginning	 	Current	 	Unpaid	 	Current	 	Supported	 	 	 	 	 	Unpaid	 	Certificate/
	 	 	 	 	 	 	Accrual	 	Certificate	 	Certificate/	 	Accrued	 	Interest	 	Interest	 	Interest	 	Total Interest	 	Interest	 	Notational
	Class	 	Accural Dates	 	Days	 	Rate	 	Notional Balance	 	Interest	 	Shortfall	 	Shortfall	 	Shortfall(1)	 	Distribution	 	Shortfall(2)	 	Balance
	 
	A-1
	 	 	02/20/06–03/19/06	 	 	 	30	 	 	 	4.79000	%	 	 	109,856,989.97	 	 	 	438,512.48	 	 	 	0.00	 	 	 	0.00	 	 	 	7,725.39	 	 	 	430.787.10	 	 	 	0.00	 	 	 	101,464,416.56	 
	A-2
	 	 	02/20/06–03/19/06	 	 	 	30	 	 	 	5.19000	%	 	 	64,994,436.99	 	 	 	281,100.94	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	281,100.94	 	 	 	0.00	 	 	 	59,110,078.16	 
	A-R
	 	 	N/A	 	 	 	N/A	 	 	 	4.01945	%	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.08	 	 	 	0.00	 	 	 	0.00	 
	X-A
	 	 	02/01/06–02/28/06	 	 	 	30	 	 	 	0.77841	%	 	 	174,851,426.96	 	 	 	113,421.68	 	 	 	0.00	 	 	 	0.00	 	 	 	1,436.06	 	 	 	111,985.62	 	 	 	0.00	 	 	 	160,574,494.72	 
	B-1
	 	 	02/01/06–02/28/06	 	 	 	30	 	 	 	4.96000	%	 	 	6,016,000.00	 	 	 	24,866.13	 	 	 	0.00	 	 	 	0.00	 	 	 	269.74	 	 	 	24,596.40	 	 	 	0.00	 	 	 	6,016,000.00	 
	B-2
	 	 	02/01/06–02/28/06	 	 	 	30	 	 	 	5.24000	%	 	 	3,266,000.00	 	 	 	14,261.53	 	 	 	0.00	 	 	 	0.00	 	 	 	154.70	 	 	 	14,106.83	 	 	 	0.00	 	 	 	3,266,000.00	 
	X-B
	 	 	02/01/06–02/28/06	 	 	 	30	 	 	 	0.65981	%	 	 	9,282,000.00	 	 	 	5,103.65	 	 	 	0.00	 	 	 	0.00	 	 	 	53.36	 	 	 	5,048.28	 	 	 	0.00	 	 	 	9,282,000.00	 
	B-3
	 	 	02/01/06–02/28/06	 	 	 	30	 	 	 	5.71833	%	 	 	1,890,000.00	 	 	 	9,006.38	 	 	 	0.00	 	 	 	0.00	 	 	 	97.70	 	 	 	8,908.68	 	 	 	0.00	 	 	 	1,890,000.00	 
	B-4
	 	 	02/01/06–02/28/06	 	 	 	30	 	 	 	5.71833	%	 	 	1,231,000.00	 	 	 	5,866.06	 	 	 	0.00	 	 	 	0.00	 	 	 	63.63	 	 	 	5,802.43	 	 	 	0.00	 	 	 	1,231,000.00	 
	B-5
	 	 	02/01/06–02/28/06	 	 	 	30	 	 	 	5.71833	%	 	 	687,000.00	 	 	 	3,273.75	 	 	 	0.00	 	 	 	0.00	 	 	 	35.51	 	 	 	3,238.23	 	 	 	0.00	 	 	 	687,000.00	 
	B-6
	 	 	02/01/06–02/28/06	 	 	 	30	 	 	 	5.71833	%	 	 	1,549,605.55	 	 	 	7,384.30	 	 	 	0.00	 	 	 	0.00	 	 	 	80.10	 	 	 	7,304.20	 	 	 	0.00	 	 	 	1,549,605.55	 
	 
	Totals
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	902,796.90	 	 	 	0.00	 	 	 	0.00	 	 	 	9,918.19	 	 	 	892,878.79	 	 	 	0.00	 	 	 	 	 
	 






	(1, 2)	 Amount also includes coupon cap or basis risk shortfalls, if applicable.






 









 








Interest Distribution Factors Statement




	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	Beginning	 	 	 	 	 	Payment of	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	Ending
	 	 	 	 	 	 	Current	 	Certificate/	 	 	 	 	 	Unpaid	 	 	 	 	 	Non-Supported	 	 	 	 	 	Remaining	 	Certificate/
	 	 	Original Face	 	Certificate	 	Notional	 	Current Accrued	 	Interest	 	Current Interest	 	Interest	 	Total Interest	 	Unpaid Interest	 	Notational
	Class	 	Amount	 	Rate	 	Balance	 	Interest	 	Shortfall	 	Shortfall(1)	 	Shortfall	 	Distribution	 	Shortfall(2)	 	Balance
	A-1
	 	 	202,462,000.00	 	 	 	4.79000	%	 	 	542.60547644	 	 	 	2.16590017	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.03815723	 	 	 	2.21774298	 	 	 	0.00000000	 	 	 	501.15289072	 
	A-2
	 	 	126,737,000.00	 	 	 	5.19000	%	 	 	512.82922106	 	 	 	2.21798638	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	2.21798638	 	 	 	0.00000000	 	 	 	466.39953731	 
	A-R
	 	 	100.00	 	 	 	4.01945	%	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.80000000	 	 	 	0.00000000	 	 	 	0.00000000	 
	X-A
	 	 	0.00	 	 	 	0.77841	%	 	 	531.14203555	 	 	 	0.34453835	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00436229	 	 	 	0.34017606	 	 	 	0.00000000	 	 	 	487.77333686	 
	B-1
	 	 	6,016,000.00	 	 	 	4.96000	%	 	 	1000.00000000	 	 	 	4.13333278	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.04483710	 	 	 	4.08849734	 	 	 	0.00000000	 	 	 	1000.00000000	 
	B-2
	 	 	3,266,000.00	 	 	 	5.24000	%	 	 	1000.00000000	 	 	 	4.36666565	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.04736681	 	 	 	4.31929884	 	 	 	0.00000000	 	 	 	1000.00000000	 
	X-B
	 	 	0.00	 	 	 	0.65981	%	 	 	1000.00000000	 	 	 	0.54984378	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00596423	 	 	 	0.54387847	 	 	 	0.00000000	 	 	 	1000.00000000	 
	B-3
	 	 	1,890,000.00	 	 	 	5.71833	%	 	 	1000.00000000	 	 	 	4.76528042	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.05169312	 	 	 	4.71358730	 	 	 	0.00000000	 	 	 	1000.00000000	 
	B-4
	 	 	1,231,000.00	 	 	 	5.71833	%	 	 	1000.00000000	 	 	 	4.76528026	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.05168968	 	 	 	4.71359058	 	 	 	0.00000000	 	 	 	1000.00000000	 
	B-5
	 	 	687,000.00	 	 	 	5.71833	%	 	 	1000.00000000	 	 	 	4.76528384	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.05168850	 	 	 	4.71358079	 	 	 	0.00000000	 	 	 	1000.00000000	 
	B-6
	 	 	1,549,605.55	 	 	 	5.71833	%	 	 	1000.00000000	 	 	 	4.76527720	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.05169057	 	 	 	4.71358663	 	 	 	0.00000000	 	 	 	1000.00000000	 








 




			
	(1, 2) Amount also includes coupon cap or basis risk shortfalls, if applicable.

All Classes per $1,000 denomination.





Certificateholder Account Statement




Certificate Account




	 	 	 	 	 
	Beginning Balance
	 	 	0.00	 
	 
	 	 	 	 
	Deposits

	 	 	 	 
	Payments of Interest and Principal
	 	 	15,223,901.32	 
	Reserve Funds and Credit Enhancements
	 	 	0.00	 
	Proceeds from Repurchased Loans
	 	 	0.00	 
	Servicer Advances
	 	 	26,964.51	 
	Realized Losses (Gains, Subsequent Expenses & Recoveries)
	 	 	0.00	 
	Prepayment Penalties
	 	 	0.00	 
	Swap/Cap Payments
	 	 	0.00	 
	 
	 	 	 
	Total Deposits
	 	 	15,250,865.83	 
	 
	 	 	 	 
	Withdrawals

	 	 	 	 
	Reserve Funds and Credit Enhancements
	 	 	0.00	 
	Reimbursement for Servicer Advances
	 	 	18,401.17	 
	Total Administration Fees
	 	 	62,653.63	 
	Payment of Interest and Principal
	 	 	15,169,811.03	 
	 
	 	 	 
	Total Withdrawals (Pool Distribution Amount)
	 	 	15,250,865.83	 
	 
	 	 	 	 
	Ending Balance
	 	 	0.00	 
	 
	 	 	 






 









 






Prepayment/Curtailment Interest Shortfall




	 	 	 	 	 
	Total Prepayment/Curtailment Interest Shortfall
	 	 	9,918.19	 
	Servicing Fee Support
	 	 	0.00	 
	 
	 	 	 
	 
	 	 	 	 
	Non-Supported Prepayment Curtailment Interest Shortfall
	 	 	9,918.19	 
	 
	 	 	 






Administration Fees




	 	 	 	 	 
	Gross Servicing Fee*
	 	 	59,890.22	 
	Master Servicing Fee
	 	 	2,763.41	 
	Supported Prepayment/Curtailment Interest Shortfall
	 	 	0.00	 
	 
	 	 	 
	 
	 	 	 	 
	Total Administration Fees
	 	 	62,653.63	 
	 
	 	 	 








 




			
	*Servicer Payees include: BANK OF AMERICA (NY); GMAC MTG CORP,
MORGAN STANLEY DEAN WITTER; NATIONAL CITY MTG CO; PHH US MTG
CORP; RESIDENTIAL FUNDING CORP





Reserve Accounts




	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Beginning	 	Current	 	Current	 	Ending
	Account Type	 	Balance	 	Withdrawals	 	Deposits	 	Balance
	Reserve Fund
	 	 	4,500.00	 	 	 	0.00	 	 	 	0.00	 	 	 	4,500.00	 
	Reserve Fund
	 	 	4,500.00	 	 	 	0.00	 	 	 	0.00	 	 	 	4,500.00	 
	Reserve Fund
	 	 	1,000.00	 	 	 	0.00	 	 	 	0.00	 	 	 	1,000.00	 






 









 






Collateral Statement




	 	 	 	 	 
	Collateral Description
	 	Mixed ARM
	Weighted Average Gross Coupon
	 	 	6.113961	%
	Weighted Average Net Coupon
	 	 	5.734691	%
	Weighted Average Pass-Through Rate
	 	 	5.717191	%
	Weighted Average Remaining Term
	 	 	326	 
	 
	 	 	 	 
	Beginning Scheduled Collateral Loan Count
	 	 	559	 
	Number of Loans Paid in Full
	 	 	36	 
	Ending Scheduled Collateral Loan Count
	 	 	523	 
	 
	 	 	 	 
	Beginning Scheduled Collateral Balance
	 	 	189,491,032.51	 
	Ending Scheduled Collateral Balance
	 	 	175,214,100.27	 
	Ending Actual Collateral Balance at 28-Feb-2006
	 	 	175,214,813.76	 
	 
	Monthly P&I Constant
	 	 	966,574.66	 
	Special Servicing Fee
	 	 	0.00	 
	Prepayment Penalty Waived Amount
	 	 	0.00	 
	Prepayment Penalty Waived Count
	 	 	0	 
	Prepayment Penalty Paid Amount
	 	 	0.00	 
	Prepayment Penalty Paid Count
	 	 	0	 
	Realization Loss Amount
	 	 	0.00	 
	Cumulative Realized Loss
	 	 	0.00	 
	 
	 	 	 	 
	Class A Optimal Amount
	 	 	15,109,967.34	 
	 
	 	 	 	 
	Scheduled Principal
	 	 	1,124.03	 
	Unscheduled Principal
	 	 	14,275,808.21	 






 









 






	 	 	 	 	 	 	 	 	 	 	 	 	 
	Group	 	One	 	Two	 	Total
	Collateral Description
	 	Mixed ARM	 	Mixed ARM	 	Mixed ARM
	Weighted Average Coupon Rate
	 	 	6.075137	 	 	 	6.179311	 	 	 	6.113961	 
	Weighted Average Net Rate
	 	 	5.697907	 	 	 	5.796607	 	 	 	5.734691	 
	Pass-Through Rate
	 	 	5.680407	 	 	 	5.779107	 	 	 	5.717191	 
	Weighted Average Maturity
	 	 	322	 	 	 	333	 	 	 	326	 
	Record Date
	 	 	02/28/2006	 	 	 	02/28/2006	 	 	 	02/28/2006	 
	Principal and Interest Constant
	 	 	602,511.71	 	 	 	364,062.95	 	 	 	966,574.66	 
	Beginning Loan Count
	 	 	341	 	 	 	218	 	 	 	559	 
	Loans Paid in Full
	 	 	20	 	 	 	16	 	 	 	36	 
	Ending Loan Count
	 	 	321	 	 	 	202	 	 	 	523	 
	Beginning Scheduled Balance
	 	 	118,871,042.92	 	 	 	70,619,989.59	 	 	 	189,491,032.51	 
	Ending Scheduled Balance
	 	 	110,478,469.51	 	 	 	64,735,630.76	 	 	 	175,214,100.27	 
	Scheduled Principal
	 	 	713.49	 	 	 	410.54	 	 	 	1,124.03	 
	Unscheduled Principal
	 	 	8,391,859.92	 	 	 	5,883,948.29	 	 	 	14,275,808.21	 
	Scheduled Interest
	 	 	601,798.22	 	 	 	363,652.41	 	 	 	965,450.63	 
	Servicing Fee
	 	 	37,368.10	 	 	 	22,522.12	 	 	 	59,890.22	 
	Master Servicing Fee
	 	 	1,733.54	 	 	 	1,029.87	 	 	 	2,763.41	 
	Trustee Fee
	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	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
	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	Net Interest
	 	 	562,696.58	 	 	 	340,100.42	 	 	 	902,797.00	 
	Realized Loss Amount
	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	Cumulative Realized Loss
	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	Percentage of Cumulative Losses
	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	Prepayment Penalty Waived Amount
	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	Prepayment Penalty Waived Count
	 	 	0	 	 	 	0	 	 	 	0	 
	Prepayment Penalty Paid Amount
	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	Prepayment Penalty Paid Count
	 	 	0	 	 	 	0	 	 	 	0	 
	Special Servicing Fee
	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 






 









 






Additional Reporting – Deal Level




Miscellaneous Reporting




	 	 	 	 	 
	Pro Rata Senior Percent
	 	 	92.274249	%
	Pro Rata Subordinate Percent
	 	 	7.725751	%






Additional Reporting – Group Level




	 	 	 	 	 
	Miscellaneous Reporting
	 	 	 	 
	 
	 	 	 	 
	Group One
	 	 	 	 
	One Month Libor Loan Balance
	 	 	72,453,348.41	 
	Principal Transfer Amount
	 	 	0.00	 
	Senior Percent
	 	 	100.000000	%
	Senior Prepayment Percent
	 	 	100.000000	%
	Subordinate Percent
	 	 	0.000000	%
	Subordinate Prepayment Percent
	 	 	0.000000	%
	Interest Transfer Amount
	 	 	0.00	 
	 
	 	 	 	 
	Group Two
	 	 	 	 
	Six-Month Libor Loan Balance
	 	 	38,025,121.10	 
	Principal Transfer Amount
	 	 	0.00	 
	Senior Percent
	 	 	100.000000	%
	Senior Prepayment Percent
	 	 	100.000000	%
	Subordinate Percent
	 	 	0.000000	%
	Subordinate Prepayment Percent
	 	 	0.000000	%
	Interest Transfer Amount
	 	 	0.00	 






 









 








Loan Status Stratification/Credit Enhancement Statement




	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	DELINQUENT	 	 	 	BANKRUPTCY	 	 	 	FORECLOSURE	 	 	 	REO	 	 	 	TOTAL	 
	 	 	No. of	 	 	Principal	 	 	 	 	 	 	 	 	No. of	 	 	 	Principal	 	 	 	 	 	 	 	 	No. of	 	 	 	Principal	 	 	 	 	 	 	 	 	No. of	 	 	 	Principal	 	 	 	 	 	 	 	 	No. of	 	 	 	Principal	 
	 	 	Loans	 	 	Balance	 	 	 	 	 	 	 	 	Loans	 	 	 	Balance	 	 	 	 	 	 	 	 	Loans	 	 	 	Balance	 	 	 	 	 	 	 	 	Loans	 	 	 	Balance	 	 	 	 	 	 	 	 	Loans	 	 	 	Balance	 
	0-29 Days
	 	 	0	 	 	 	0.00	 	 	 	0-29 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	0-29 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	0-29 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	0-29 Days	 	 	 	0	 	 	 	 	0.00	 
	30 Days
	 	 	11	 	 	 	3,241,703.17	 	 	 	30 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	30 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	30 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	30 Days	 	 	 	11	 	 	 	 	3,241,703.17	 
	60 Days
	 	 	0	 	 	 	0.00	 	 	 	60 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	60 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	60 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	60 Days	 	 	 	0	 	 	 	 	0.00	 
	90 Days
	 	 	0	 	 	 	0.00	 	 	 	90 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	90 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	90 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	90 Days	 	 	 	0	 	 	 	 	0.00	 
	120 Days
	 	 	2	 	 	 	935,915.36	 	 	 	120 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	120 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	120 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	120 Days	 	 	 	2	 	 	 	 	935,915.36	 
	150 Days
	 	 	1	 	 	 	1,113,111.24	 	 	 	150 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	150 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	150 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	150 Days	 	 	 	1	 	 	 	 	1,113,111.24	 
	180+ Days
	 	 	2	 	 	 	406,844.15	 	 	 	180+ Days	 	 	 	0	 	 	 	 	0.00	 	 	 	180+ Days	 	 	 	0	 	 	 	 	0.00	 	 	 	180+ Days	 	 	 	0	 	 	 	 	0.00	 	 	 	180+ Days	 	 	 	2	 	 	 	 	406,844.15	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	16	 	 	 	5,697,573.92	 	 	 	 	 	 	 	 	 	0	 	 	 	 	0.00	 	 	 	 	 	 	 	 	 	0	 	 	 	 	0.00	 	 	 	 	 	 	 	 	 	0	 	 	 	 	0.00	 	 	 	 	 	 	 	 	 	16	 	 	 	 	5,697,573.92	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	No. of	 	Principal	 	 	 	 	 	 	 	No. of	 	 	Principal	 	 	 	 	 	 	 	No. of	 	 	Principal	 	 	 	 	 	 	 	No. of	 	 	Principal	 	 	 	 	 	 	 	No. of	 	 	Principal
	 
	 	Loans	 	Balance	 	 	 	 	 	 	 	Loans	 	 	Balance	 	 	 	 	 	 	 	Loans	 	 	Balance	 	 	 	 	 	 	 	Loans	 	 	Balance	 	 	 	 	 	 	 	Loans	 	 	Balance
	0-29 Days
	 	 	0.000000	%	 	 	0.000000	%	 	 	0-29 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	0-29 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	0-29 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	0-29 Days	 	 	 	0.000000	%	 	 	 	0.000000	%
	30 Days
	 	 	2.103250	%	 	 	1.850131	%	 	 	30 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	30 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	30 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	30 Days	 	 	 	2.103250	%	 	 	 	1.850131	%
	60 Days
	 	 	0.000000	%	 	 	0.000000	%	 	 	60 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	60 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	60 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	60 Days	 	 	 	0.000000	%	 	 	 	0.000000	%
	90 Days
	 	 	0.000000	%	 	 	0.000000	%	 	 	90 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	90 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	90 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	90 Days	 	 	 	0.000000	%	 	 	 	0.000000	%
	120 Days
	 	 	0.382409	%	 	 	0.534153	%	 	 	120 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	120 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	120 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	120 Days	 	 	 	0.382409	%	 	 	 	0.534153	%
	150 Days
	 	 	0.191205	%	 	 	0.635284	%	 	 	150 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	150 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	150 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	150 Days	 	 	 	0.191205	%	 	 	 	0.635284	%
	180+ Days
	 	 	0.382409	%	 	 	0.232197	%	 	 	180+ Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	180+ Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	180+ Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	180+ Days	 	 	 	0.382409	%	 	 	 	0.232197	%
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	3.059273	%	 	 	3.251765	%	 	 	 	 	 	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	 	 	 	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	 	 	 	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	 	 	 	 	 	 	3.059273	%	 	 	 	3.251765	%






	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Current Period Class A Insufficient Funds:
	 	 	0.00	 	 	Principal Balance of Contaminated Properties	 	 	0.00	 	 	Periodic Advance	 	 	26,964.51	 






	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Original $	 	Original%	 	Current $	 	Current %	 	Current Class %	 	Prepayment %
	Class A
	 	 	14,639,605.55	 	 	 	4.25769563	%	 	 	14,639,605.55	 	 	 	8.35526680	%	 	 	91.644733	%	 	 	0.000000	%
	Class B-1
	 	 	8,623,605.55	 	 	 	2.50803805	%	 	 	8,623,605.55	 	 	 	4.92175318	%	 	 	3.433514	%	 	 	41.094003	%
	Class B-2
	 	 	5,357,605.55	 	 	 	1.55817407	%	 	 	5,357,605.55	 	 	 	3.05774794	%	 	 	1.864005	%	 	 	22.309344	%
	Class B-3
	 	 	3,467,605.55	 	 	 	1.00849773	%	 	 	3,467,605.55	 	 	 	1.97906763	%	 	 	1.078680	%	 	 	12.910184	%
	Class B-4
	 	 	2,236,605.55	 	 	 	0.65048103	%	 	 	2,236,605.55	 	 	 	1.27649861	%	 	 	0.702569	%	 	 	8.408697	%
	Class B-5
	 	 	1,549,605.55	 	 	 	0.45067804	%	 	 	1,549,605.55	 	 	 	0.88440688	%	 	 	0.392092	%	 	 	4.692749	%
	Class B-6
	 	 	0.00	 	 	 	0.00000000	%	 	 	0.00	 	 	 	0.00000000	%	 	 	0.884407	%	 	 	10.585023	%






 









 








Delinquency Status by Group




	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	DELINQUENT	 	 	 	BANKRUPTCY	 	 	 	FORECLOSURE	 	 	 	REO	 	 	 	TOTAL	 
	Group One	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	No. of	 	 	Principal	 	 	 	 	 	 	 	 	No. of	 	 	 	Principal	 	 	 	 	 	 	 	 	No. of	 	 	 	Principal	 	 	 	 	 	 	 	 	No. of	 	 	 	Principal	 	 	 	 	 	 	 	 	No. of	 	 	 	Principal	 
	 	 	Loans	 	 	Balance	 	 	 	 	 	 	 	 	Loans	 	 	 	Balance	 	 	 	 	 	 	 	 	Loans	 	 	 	Balance	 	 	 	 	 	 	 	 	Loans	 	 	 	Balance	 	 	 	 	 	 	 	 	Loans	 	 	 	Balance	 
	0-29 Days
	 	 	0	 	 	 	0.00	 	 	 	0-29 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	0-29 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	0-29 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	0-29 Days	 	 	 	0	 	 	 	 	0.00	 
	30 Days
	 	 	7	 	 	 	2,378,390.85	 	 	 	30 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	30 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	30 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	30 Days	 	 	 	7	 	 	 	 	2,378,390.85	 
	60 Days
	 	 	0	 	 	 	0.00	 	 	 	60 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	60 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	60 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	60 Days	 	 	 	0	 	 	 	 	0.00	 
	90 Days
	 	 	0	 	 	 	0.00	 	 	 	90 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	90 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	90 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	90 Days	 	 	 	0	 	 	 	 	0.00	 
	120 Days
	 	 	1	 	 	 	589,546.78	 	 	 	120 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	120 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	120 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	120 Days	 	 	 	1	 	 	 	 	589,546.78	 
	150 Days
	 	 	0	 	 	 	0.00	 	 	 	150 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	150 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	150 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	150 Days	 	 	 	0	 	 	 	 	0.00	 
	180+ Days
	 	 	1	 	 	 	232,000.00	 	 	 	180+ Days	 	 	 	0	 	 	 	 	0.00	 	 	 	180+ Days	 	 	 	0	 	 	 	 	0.00	 	 	 	180+ Days	 	 	 	0	 	 	 	 	0.00	 	 	 	180+ Days	 	 	 	1	 	 	 	 	232,000.00	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	9	 	 	 	3,199,937.63	 	 	 	 	 	 	 	 	 	0	 	 	 	 	0.00	 	 	 	 	 	 	 	 	 	0	 	 	 	 	0.00	 	 	 	 	 	 	 	 	 	0	 	 	 	 	0.00	 	 	 	 	 	 	 	 	 	9	 	 	 	 	3,199,937.63	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	No. of	 	Principal	 	 	 	 	 	 	 	No. of	 	 	Principal	 	 	 	 	 	 	 	No. of	 	 	Principal	 	 	 	 	 	 	 	No. of	 	 	Principal	 	 	 	 	 	 	 	No. of	 	 	Principal
	 
	 	Loans	 	Balance	 	 	 	 	 	 	 	Loans	 	 	Balance	 	 	 	 	 	 	 	Loans	 	 	Balance	 	 	 	 	 	 	 	Loans	 	 	Balance	 	 	 	 	 	 	 	Loans	 	 	Balance
	0-29 Days
	 	 	0.000000	%	 	 	0.000000	%	 	 	0-29 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	0-29 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	0-29 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	0-29 Days	 	 	 	0.000000	%	 	 	 	0.000000	%
	30 Days
	 	 	2.180685	%	 	 	2.152795	%	 	 	30 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	30 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	30 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	30 Days	 	 	 	2.180685	%	 	 	 	2.152795	%
	60 Days
	 	 	0.000000	%	 	 	0.000000	%	 	 	60 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	60 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	60 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	60 Days	 	 	 	0.000000	%	 	 	 	0.000000	%
	90 Days
	 	 	0.000000	%	 	 	0.000000	%	 	 	90 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	90 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	90 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	90 Days	 	 	 	0.000000	%	 	 	 	0.000000	%
	120 Days
	 	 	0.311526	%	 	 	0.533627	%	 	 	120 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	120 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	120 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	120 Days	 	 	 	0.311526	%	 	 	 	0.533627	%
	150 Days
	 	 	0.000000	%	 	 	0.000000	%	 	 	150 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	150 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	150 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	150 Days	 	 	 	0.000000	%	 	 	 	0.000000	%
	180+ Days
	 	 	0.311526	%	 	 	0.209994	%	 	 	180+ Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	180+ Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	180+ Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	180+ Days	 	 	 	0.311526	%	 	 	 	0.209994	%
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	2.803738	%	 	 	2.896417	%	 	 	 	 	 	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	 	 	 	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	 	 	 	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	 	 	 	 	 	 	2.803738	%	 	 	 	2.896417	%






	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	DELINQUENT	 	 	 	BANKRUPTCY	 	 	 	FORECLOSURE	 	 	 	REO	 	 	 	TOTAL	 
	Group Two	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	No. of	 	 	Principal	 	 	 	 	 	 	 	 	No. of	 	 	 	Principal	 	 	 	 	 	 	 	 	No. of	 	 	 	Principal	 	 	 	 	 	 	 	 	No. of	 	 	 	Principal	 	 	 	 	 	 	 	 	No. of	 	 	 	Principal	 
	 	 	Loans	 	 	Balance	 	 	 	 	 	 	 	 	Loans	 	 	 	Balance	 	 	 	 	 	 	 	 	Loans	 	 	 	Balance	 	 	 	 	 	 	 	 	Loans	 	 	 	Balance	 	 	 	 	 	 	 	 	Loans	 	 	 	Balance	 
	0-29 Days
	 	 	0	 	 	 	0.00	 	 	 	0-29 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	0-29 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	0-29 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	0-29 Days	 	 	 	0	 	 	 	 	0.00	 
	30 Days
	 	 	4	 	 	 	863,312.32	 	 	 	30 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	30 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	30 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	30 Days	 	 	 	4	 	 	 	 	863,312.32	 
	60 Days
	 	 	0	 	 	 	0.00	 	 	 	60 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	60 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	60 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	60 Days	 	 	 	0	 	 	 	 	0.00	 
	90 Days
	 	 	0	 	 	 	0.00	 	 	 	90 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	90 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	90 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	90 Days	 	 	 	0	 	 	 	 	0.00	 
	120 Days
	 	 	1	 	 	 	346,368.58	 	 	 	120 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	120 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	120 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	120 Days	 	 	 	1	 	 	 	 	346,368.58	 
	150 Days
	 	 	1	 	 	 	1,113,111.24	 	 	 	150 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	150 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	150 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	150 Days	 	 	 	1	 	 	 	 	1,113,111.24	 
	180+ Days
	 	 	1	 	 	 	174,844.15	 	 	 	180+ Days	 	 	 	0	 	 	 	 	0.00	 	 	 	180+ Days	 	 	 	0	 	 	 	 	0.00	 	 	 	180+ Days	 	 	 	0	 	 	 	 	0.00	 	 	 	180+ Days	 	 	 	1	 	 	 	 	174,844.15	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	7	 	 	 	2,497,636.29	 	 	 	 	 	 	 	 	 	0	 	 	 	 	0.00	 	 	 	 	 	 	 	 	 	0	 	 	 	 	0.00	 	 	 	 	 	 	 	 	 	0	 	 	 	 	0.00	 	 	 	 	 	 	 	 	 	7	 	 	 	 	2,497,636.29	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	No. of	 	Principal	 	 	 	 	 	 	 	No. of	 	 	Principal	 	 	 	 	 	 	 	No. of	 	 	Principal	 	 	 	 	 	 	 	No. of	 	 	Principal	 	 	 	 	 	 	 	No. of	 	 	Principal
	 
	 	Loans	 	Balance	 	 	 	 	 	 	 	Loans	 	 	Balance	 	 	 	 	 	 	 	Loans	 	 	Balance	 	 	 	 	 	 	 	Loans	 	 	Balance	 	 	 	 	 	 	 	Loans	 	 	Balance
	0-29 Days
	 	 	0.000000	%	 	 	0.000000	%	 	 	0-29 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	0-29 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	0-29 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	0-29 Days	 	 	 	0.000000	%	 	 	 	0.000000	%
	30 Days
	 	 	1.980198	%	 	 	1.333597	%	 	 	30 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	30 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	30 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	30 Days	 	 	 	1.980198	%	 	 	 	1.333597	%
	60 Days
	 	 	0.000000	%	 	 	0.000000	%	 	 	60 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	60 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	60 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	60 Days	 	 	 	0.000000	%	 	 	 	0.000000	%
	90 Days
	 	 	0.000000	%	 	 	0.000000	%	 	 	90 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	90 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	90 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	90 Days	 	 	 	0.000000	%	 	 	 	0.000000	%
	120 Days
	 	 	0.495050	%	 	 	0.535051	%	 	 	120 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	120 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	120 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	120 Days	 	 	 	0.495050	%	 	 	 	0.535051	%
	150 Days
	 	 	4.495050	%	 	 	1.719472	%	 	 	150 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	150 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	150 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	150 Days	 	 	 	4.495050	%	 	 	 	1.719472	%
	180+ Days
	 	 	0.495050	%	 	 	0.270090	%	 	 	180+ Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	180+ Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	180+ Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	180+ Days	 	 	 	0.495050	%	 	 	 	0.270090	%
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	3.465347	%	 	 	3.858210	%	 	 	 	 	 	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	 	 	 	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	 	 	 	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	 	 	 	 	 	 	3.465347	%	 	 	 	3.858210	%