| Payable                  Date                        |   | July                  25, 2005                             |                                |                                                 |           |                            |         |
|------------------------------------------------------|--------|-----------------------------------------------------------------|-------------------------------------|------------------------------------------------------|----------------|---------------------------------|--------------|
|                                                 |   |                                                            |                                |                                                 |           |                            |         |   |
| Client 37901                                    |   | Popular                  ABS Mortgage Pass-Through Trust 2005-3 |                                |                                                 |           |                            |         |
|                                                 |   |                                                            |                                |                                                 |           |                            |         |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                 |   |                                                            |                                |                                                 |           |                            |         |   |   |   |   |   |   |   |   |   |   |   |   |
| Pool                  Number                  Series |   | Cusip                  No.                                      |                                | Beginning                  Prin                  Bal |           | Principal                  Paid |         | Interest                  Paid |   | Total                  Distrib |   | Interest                  Adjustment |   | Net                  Interest Distribution |   | Other |   | Ending                  Prin Bal |
|                                                 |   |                                                            |                                |                                                 |           |                            |         |   |   |   |   |   |   |   |   |   |   |   |   |
| af1                                                  |   |                                                            | 73316PDK3                           |                                                 | 157,240,000.00 |                            | 3,279,868.43 |   | 500,459.98 |   | 3,780,328.41 |   |   |   | 500,459.98 |   | 0.00 |   | 153,960,131.57 |
| af2                                                  |   |                                                            | 73316PDL1                           |                                                 | 24,290,000.00  |                            | 0.00         |   | 87,686.90 |   | 87,686.90 |   |   |   | 87,686.90 |   | 0.00 |   | 24,290,000.00 |
| af3                                                  |   |                                                            | 73316PDM9                           |                                                 | 51,560,000.00  |                            | 0.00         |   | 190,643.10 |   | 190,643.10 |   |   |   | 190,643.10 |   | 0.00 |   | 51,560,000.00 |
| af4                                                  |   |                                                            | 73316PDN7                           |                                                 | 26,090,000.00  |                            | 0.00         |   | 103,838.20 |   | 103,838.20 |   |   |   | 103,838.20 |   | 0.00 |   | 26,090,000.00 |
| af5                                                  |   |                                                            | 73316PDP2                           |                                                 | 7,360,000.00   |                            | 0.00         |   | 31,635.73 |   | 31,635.73 |   |   |   | 31,635.73 |   | 0.00 |   | 7,360,000.00 |
| af6                                                  |   |                                                            | 73316PDQ0                           |                                                 | 29,620,000.00  |                            | 0.00         |   | 117,467.98 |   | 117,467.98 |   |   |   | 117,467.98 |   | 0.00 |   | 29,620,000.00 |
| av1a                                                 |   |                                                            | 73316PDY3                           |                                                 | 97,540,000.00  |                            | 2,440,157.88 |   | 320,581.47 |   | 2,760,739.35 |   |   |   | 320,581.47 |   | 0.00 |   | 95,099,842.12 |
| av1b                                                 |   |                                                            | 73316PDZ0                           |                                                 | 24,390,000.00  |                            | 610,164.55   |   | 81,313.55 |   | 691,478.10 |   |   |   | 81,313.55 |   | 0.00 |   | 23,779,835.45 |
| av2                                                  |   |                                                            | 73316PDR8                           |                                                 | 100,000,000.00 |                            | 2,181,667.10 |   | 335,277.78 |   | 2,516,944.88 |   |   |   | 335,277.78 |   | 0.00 |   | 97,818,332.90 |
| b1                                                   |   |                                                            | 73316PEA4                           |                                                 | 4,890,000.00   |                            | 0.00         |   | 26,647.78 |   | 26,647.78 |   |   |   | 26,647.78 |   | 0.00 |   | 4,890,000.00 |
| b2                                                   |   |                                                            | 73316PEB2                           |                                                 | 6,520,000.00   |                            | 0.00         |   | 35,530.38 |   | 35,530.38 |   |   |   | 35,530.38 |   | 0.00 |   | 6,520,000.00 |
| b3                                                   |   |                                                            | 73316PEC0                           |                                                 | 6,503,000.00   |                            | 0.00         |   | 35,437.74 |   | 35,437.74 |   |   |   | 35,437.74 |   | 0.00 |   | 6,503,000.00 |
| m1                                                   |   |                                                            | 73316PDS6                           |                                                 | 45,620,000.00  |                            | 0.00         |   | 194,075.08 |   | 194,075.08 |   |   |   | 194,075.08 |   | 0.00 |   | 45,620,000.00 |
| m2                                                   |   |                                                            | 73316PDT4                           |                                                 | 35,520,000.00  |                            | 0.00         |   | 155,400.00 |   | 155,400.00 |   |   |   | 155,400.00 |   | 0.00 |   | 35,520,000.00 |
| m3                                                   |   |                                                            | 73316PDU1                           |                                                 | 10,430,000.00  |                            | 0.00         |   | 45,631.25 |   | 45,631.25 |   |   |   | 45,631.25 |   | 0.00 |   | 10,430,000.00 |
| m4                                                   |   |                                                            | 73316PDV9                           |                                                 | 9,120,000.00   |                            | 0.00         |   | 39,900.00 |   | 39,900.00 |   |   |   | 39,900.00 |   | 0.00 |   | 9,120,000.00 |
| m5                                                   |   |                                                            | 73316PDW7                           |                                                 | 7,820,000.00   |                            | 0.00         |   | 34,212.50 |   | 34,212.50 |   |   |   | 34,212.50 |   | 0.00 |   | 7,820,000.00 |
| m6                                                   |   |                                                            | 73316PDX5                           |                                                 | 7,170,000.00   |                            | 0.00         |   | 31,368.75 |   | 31,368.75 |   |   |   | 31,368.75 |   | 0.00 |   | 7,170,000.00 |
| r1                                                   |   |                                                            | N/A                                 |                                                 | 0.00           |                            | 0.00         |   | 0.00 |   | 0.00 |   |   |   | 0.00 |   | 0.00 |   | 0.00 |
| r2                                                   |   |                                                            | N/A                                 |                                                 | 0.00           |                            | 0.00         |   | 0.00 |   | 0.00 |   |   |   | 0.00 |   | 0.00 |   | 0.00 |
| x                                                    |   |                                                            | N/A                                 |                                                 | 651,683,229.00 |                            | 7,499,044.12 |   | 6.85 |   | 7,499,050.97 |   |   |   | 6.85 |   | 0.00 |   | 644,184,184.88 |
|                                                 |   |                                                            |                                |                                                 |           |                            |         |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                 |   |                                                            | **Payable                  Totals** |                                                 | 16,010,902.08  |                            | 2,367,115.02 |   | 18,378,017.10 |   | 0.00 |   | 2,367,115.02 |   | 0.00 |   | 1,287,355,326.92 |
|                                                 |   |                                                            | **Grand                  Totals**   |                                                 | 16,010,902.08  |                            | 2,367,115.02 |   | 18,378,017.10 |   | 0.00 |   | 2,367,115.02 |   | 0.00 |   | 1,287,355,326.92 |

----

| Payable                  Date       |   | August                  25, 2005                                |                                |                                                 |           |                            |         |
|-------------------------------------|--------|-----------------------------------------------------------------|-------------------------------------|------------------------------------------------------|----------------|---------------------------------|--------------|
|                                |   |                                                            |                                |                                                 |           |                            |         |   |   |   |   |   |   |   |   |   |   |
| Client                  37901       |   | Popular                  ABS Mortgage Pass-Through Trust 2005-3 |                                |                                                 |           |                            |         |
|                                |   |                                                            |                                |                                                 |           |                            |         |   |   |   |   |   |   |   |   |   |   |   |   |
|                                |   |                                                            |                                |                                                 |           |                            |         |   |   |   |   |   |   |   |   |   |   |   |   |
| Pool                  Number Series |   | Cusip                  No.                                      |                                | Beginning                  Prin                  Bal |           | Principal                  Paid |         | Interest                  Paid |   | Total                  Distrib |   | Interest                  Adjustment |   | Net                  Interest Distribution |   | Other |   | Ending                  Prin Bal |
|                                |   |                                                            |                                |                                                 |           |                            |         |   |   |   |   |   |   |   |   |   |   |   |   |
| af1                                 |   |                                                            | 73316PDK3                           |                                                 | 153,960,131.57 |                            | 5,433,385.91 |   | 471,973.34 |   | 5,905,359.25 |   |   |   | 471,973.34 |   | 0.00 |   | 148,526,745.66 |
| af2                                 |   |                                                            | 73316PDL1                           |                                                 | 24,290,000.00  |                            | 0.00         |   | 87,686.90 |   | 87,686.90 |   |   |   | 87,686.90 |   | 0.00 |   | 24,290,000.00 |
| af3                                 |   |                                                            | 73316PDM9                           |                                                 | 51,560,000.00  |                            | 0.00         |   | 190,643.10 |   | 190,643.10 |   |   |   | 190,643.10 |   | 0.00 |   | 51,560,000.00 |
| af4                                 |   |                                                            | 73316PDN7                           |                                                 | 26,090,000.00  |                            | 0.00         |   | 103,838.20 |   | 103,838.20 |   |   |   | 103,838.20 |   | 0.00 |   | 26,090,000.00 |
| af5                                 |   |                                                            | 73316PDP2                           |                                                 | 7,360,000.00   |                            | 0.00         |   | 31,635.73 |   | 31,635.73 |   |   |   | 31,635.73 |   | 0.00 |   | 7,360,000.00 |
| af6                                 |   |                                                            | 73316PDQ0                           |                                                 | 29,620,000.00  |                            | 0.00         |   | 117,467.98 |   | 117,467.98 |   |   |   | 117,467.98 |   | 0.00 |   | 29,620,000.00 |
| av1a                                |   |                                                            | 73316PDY3                           |                                                 | 95,099,842.12  |                            | 1,674,376.84 |   | 300,541.92 |   | 1,974,918.76 |   |   |   | 300,541.92 |   | 0.00 |   | 93,425,465.28 |
| av1b                                |   |                                                            | 73316PDZ0                           |                                                 | 23,779,835.45  |                            | 418,680.04   |   | 76,174.74 |   | 494,854.78 |   |   |   | 76,174.74 |   | 0.00 |   | 23,361,155.41 |
| av2                                 |   |                                                            | 73316PDR8                           |                                                 | 97,818,332.90  |                            | 1,516,029.84 |   | 315,029.38 |   | 1,831,059.22 |   |   |   | 315,029.38 |   | 0.00 |   | 96,302,303.06 |
| b1                                  |   |                                                            | 73316PEA4                           |                                                 | 4,890,000.00   |                            | 0.00         |   | 25,096.57 |   | 25,096.57 |   |   |   | 25,096.57 |   | 0.00 |   | 4,890,000.00 |
| b2                                  |   |                                                            | 73316PEB2                           |                                                 | 6,520,000.00   |                            | 0.00         |   | 33,462.09 |   | 33,462.09 |   |   |   | 33,462.09 |   | 0.00 |   | 6,520,000.00 |
| b3                                  |   |                                                            | 73316PEC0                           |                                                 | 6,503,000.00   |                            | 0.00         |   | 33,374.84 |   | 33,374.84 |   |   |   | 33,374.84 |   | 0.00 |   | 6,503,000.00 |
| m1                                  |   |                                                            | 73316PDS6                           |                                                 | 45,620,000.00  |                            | 0.00         |   | 194,075.08 |   | 194,075.08 |   |   |   | 194,075.08 |   | 0.00 |   | 45,620,000.00 |
| m2                                  |   |                                                            | 73316PDT4                           |                                                 | 35,520,000.00  |                            | 0.00         |   | 155,400.00 |   | 155,400.00 |   |   |   | 155,400.00 |   | 0.00 |   | 35,520,000.00 |
| m3                                  |   |                                                            | 73316PDU1                           |                                                 | 10,430,000.00  |                            | 0.00         |   | 45,631.25 |   | 45,631.25 |   |   |   | 45,631.25 |   | 0.00 |   | 10,430,000.00 |
| m4                                  |   |                                                            | 73316PDV9                           |                                                 | 9,120,000.00   |                            | 0.00         |   | 39,900.00 |   | 39,900.00 |   |   |   | 39,900.00 |   | 0.00 |   | 9,120,000.00 |
| m5                                  |   |                                                            | 73316PDW7                           |                                                 | 7,820,000.00   |                            | 0.00         |   | 34,212.50 |   | 34,212.50 |   |   |   | 34,212.50 |   | 0.00 |   | 7,820,000.00 |
| m6                                  |   |                                                            | 73316PDX5                           |                                                 | 7,170,000.00   |                            | 0.00         |   | 31,368.75 |   | 31,368.75 |   |   |   | 31,368.75 |   | 0.00 |   | 7,170,000.00 |
| r1                                  |   |                                                            | N/A                                 |                                                 | 0.00           |                            | 0.00         |   | 0.00 |   | 0.00 |   |   |   | 0.00 |   | 0.00 |   | 0.00 |
| r2                                  |   |                                                            | N/A                                 |                                                 | 0.00           |                            | 0.00         |   | 0.00 |   | 0.00 |   |   |   | 0.00 |   | 0.00 |   | 0.00 |
| x                                   |   |                                                            | N/A                                 |                                                 | 644,184,184.88 |                            | 7,991,884.70 |   | 21.91 |   | 7,991,906.61 |   |   |   | 21.91 |   | 0.00 |   | 636,192,300.18 |
|                                |   |                                                            |                                |                                                 |           |                            |         |   |   |   |   |   |   |   |   |   |   |   |   |
|                                |   |                                                            | **Payable                  Totals** |                                                 | 17,034,357.33  |                            | 2,287,534.28 |   | 19,321,891.61 |   | 0.00 |   | 2,287,534.28 |   | 0.00 |   | 1,270,320,969.59 |
|                                |   |                                                            | **Grand                  Totals**   |                                                 | 17,034,357.33  |                            | 2,287,534.28 |   | 19,321,891.61 |   | 0.00 |   | 2,287,534.28 |   | 0.00 |   | 1,270,320,969.59 |

----

| Payable                  Date       |   | September                  26, 2005                           |                                |                                                 |           |                            |         |
|-------------------------------------|--------|---------------------------------------------------------------|-------------------------------------|------------------------------------------------------|----------------|---------------------------------|--------------|
|                                |   |                                                          |                                |                                                 |           |                            |         |
| Client                  37901       |   | Popular                ABS Mortgage Pass-Through Trust 2005-3 |                                |                                                 |           |                            |         |
|                                |   |                                                          |                                |                                                 |           |                            |         |   |   |   |   |   |   |   |   |   |   |   |   |
|                                |   |                                                          |                                |                                                 |           |                            |         |   |   |   |   |   |   |   |   |   |   |   |   |
| Pool                  Number Series |   | Cusip                  No.                                    |                                | Beginning                  Prin                  Bal |           | Principal                  Paid |         | Interest                  Paid |   | Total                  Distrib |   | Interest                  Adjustment |   | Net                  Interest Distribution |   | Other |   | Ending                  Prin Bal |
|                                |   |                                                          |                                |                                                 |           |                            |         |   |   |   |   |   |   |   |   |   |   |   |   |
| af1                                 |   |                                                          | 73316PDK3                           |                                                 | 148,526,745.66 |                            | 6,155,369.60 |   | 493,933.94 |   | 6,649,303.54 |   |   |   | 493,933.94 |   | 0.00 |   | 142,371,376.06 |
| af2                                 |   |                                                          | 73316PDL1                           |                                                 | 24,290,000.00  |                            | 0.00         |   | 87,686.90 |   | 87,686.90 |   |   |   | 87,686.90 |   | 0.00 |   | 24,290,000.00 |
| af3                                 |   |                                                          | 73316PDM9                           |                                                 | 51,560,000.00  |                            | 0.00         |   | 190,643.10 |   | 190,643.10 |   |   |   | 190,643.10 |   | 0.00 |   | 51,560,000.00 |
| af4                                 |   |                                                          | 73316PDN7                           |                                                 | 26,090,000.00  |                            | 0.00         |   | 103,838.20 |   | 103,838.20 |   |   |   | 103,838.20 |   | 0.00 |   | 26,090,000.00 |
| af5                                 |   |                                                          | 73316PDP2                           |                                                 | 7,360,000.00   |                            | 0.00         |   | 31,635.73 |   | 31,635.73 |   |   |   | 31,635.73 |   | 0.00 |   | 7,360,000.00 |
| af6                                 |   |                                                          | 73316PDQ0                           |                                                 | 29,620,000.00  |                            | 0.00         |   | 117,467.98 |   | 117,467.98 |   |   |   | 117,467.98 |   | 0.00 |   | 29,620,000.00 |
| av1a                                |   |                                                          | 73316PDY3                           |                                                 | 93,425,465.28  |                            | 1,938,614.69 |   | 319,826.51 |   | 2,258,441.20 |   |   |   | 319,826.51 |   | 0.00 |   | 91,486,850.59 |
| av1b                                |   |                                                          | 73316PDZ0                           |                                                 | 23,361,155.41  |                            | 484,753.05   |   | 81,011.30 |   | 565,764.35 |   |   |   | 81,011.30 |   | 0.00 |   | 22,876,402.36 |
| av2                                 |   |                                                          | 73316PDR8                           |                                                 | 96,302,303.06  |                            | 2,002,405.24 |   | 335,667.03 |   | 2,338,072.27 |   |   |   | 335,667.03 |   | 0.00 |   | 94,299,897.82 |
| b1                                  |   |                                                          | 73316PEA4                           |                                                 | 4,890,000.00   |                            | 0.00         |   | 26,693.97 |   | 26,693.97 |   |   |   | 26,693.97 |   | 0.00 |   | 4,890,000.00 |
| b2                                  |   |                                                          | 73316PEB2                           |                                                 | 6,520,000.00   |                            | 0.00         |   | 35,591.96 |   | 35,591.96 |   |   |   | 35,591.96 |   | 0.00 |   | 6,520,000.00 |
| b3                                  |   |                                                          | 73316PEC0                           |                                                 | 6,503,000.00   |                            | 0.00         |   | 35,499.15 |   | 35,499.15 |   |   |   | 35,499.15 |   | 0.00 |   | 6,503,000.00 |
| m1                                  |   |                                                          | 73316PDS6                           |                                                 | 45,620,000.00  |                            | 0.00         |   | 194,075.08 |   | 194,075.08 |   |   |   | 194,075.08 |   | 0.00 |   | 45,620,000.00 |
| m2                                  |   |                                                          | 73316PDT4                           |                                                 | 35,520,000.00  |                            | 0.00         |   | 155,400.00 |   | 155,400.00 |   |   |   | 155,400.00 |   | 0.00 |   | 35,520,000.00 |
| m3                                  |   |                                                          | 73316PDU1                           |                                                 | 10,430,000.00  |                            | 0.00         |   | 45,631.25 |   | 45,631.25 |   |   |   | 45,631.25 |   | 0.00 |   | 10,430,000.00 |
| m4                                  |   |                                                          | 73316PDV9                           |                                                 | 9,120,000.00   |                            | 0.00         |   | 39,900.00 |   | 39,900.00 |   |   |   | 39,900.00 |   | 0.00 |   | 9,120,000.00 |
| m5                                  |   |                                                          | 73316PDW7                           |                                                 | 7,820,000.00   |                            | 0.00         |   | 34,212.50 |   | 34,212.50 |   |   |   | 34,212.50 |   | 0.00 |   | 7,820,000.00 |
| m6                                  |   |                                                          | 73316PDX5                           |                                                 | 7,170,000.00   |                            | 0.00         |   | 31,368.75 |   | 31,368.75 |   |   |   | 31,368.75 |   | 0.00 |   | 7,170,000.00 |
| r1                                  |   |                                                          | N/A                                 |                                                 | 0.00           |                            | 0.00         |   | 0.00 |   | 0.00 |   |   |   | 0.00 |   | 0.00 |   | 0.00 |
| r2                                  |   |                                                          | N/A                                 |                                                 | 0.00           |                            | 0.00         |   | 0.00 |   | 0.00 |   |   |   | 0.00 |   | 0.00 |   | 0.00 |
| x                                   |   |                                                          | N/A                                 |                                                 | 636,192,300.18 |                            | 9,639,871.72 |   | 13.52 |   | 9,639,885.24 |   |   |   | 13.52 |   | 0.00 |   | 626,552,428.46 |
|                                |   |                                                          |                                |                                                 |           |                            |         |   |   |   |   |   |   |   |   |   |   |   |   |
|                                |   |                                                          | **Payable                  Totals** |                                                 | 20,221,014.30  |                            | 2,360,096.87 |   | 22,581,111.17 |   | 0.00 |   | 2,360,096.87 |   | 0.00 |   | 1,250,099,955.29 |
|                                |   |                                                          | **Grand                  Totals**   |                                                 | 20,221,014.30  |                            | 2,360,096.87 |   | 22,581,111.17 |   | 0.00 |   | 2,360,096.87 |   | 0.00 |   | 1,250,099,955.29 |

----

| Payable                  Date       |   | October                  25, 2005                               |                                |                                                 |           |                            |
|-------------------------------------|--------|-----------------------------------------------------------------|-------------------------------------|------------------------------------------------------|----------------|---------------------------------|
|                                |   |                                                            |                                |                                                 |           |                            |
| Client                  37901       |   | Popular                  ABS Mortgage Pass-Through Trust 2005-3 |                                |                                                 |           |                            |
|                                |   |                                                            |                                |                                                 |           |                            |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                |   |                                                            |                                |                                                 |           |                            |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Pool                  Number Series |   | Cusip                  No.                                      |                                | Beginning                  Prin                  Bal |           | Principal                  Paid |   | Interest                  Paid |   | Total                  Distrib |   | Interest                  Adjustment |   | Net                  Interest Distribution |   | Other |   | Ending                  Prin Bal |
|                                |   |                                                            |                                |                                                 |           |                            |   |   |   |   |   |   |   |   |   |   |   |   |   |
| af1                                 |   |                                                            | 73316PDK3                           |                                                 | 142,371,376.06 |                            | 9,095,247.56 |   | 450,724.05 |   | 9,545,971.61 |   |   |   | 450,724.05 |   | 0.00 |   | 133,276,128.50 |
| af2                                 |   |                                                            | 73316PDL1                           |                                                 | 24,290,000.00  |                            | 0.00 |   | 87,686.90 |   | 87,686.90 |   |   |   | 87,686.90 |   | 0.00 |   | 24,290,000.00 |
| af3                                 |   |                                                            | 73316PDM9                           |                                                 | 51,560,000.00  |                            | 0.00 |   | 190,643.10 |   | 190,643.10 |   |   |   | 190,643.10 |   | 0.00 |   | 51,560,000.00 |
| af4                                 |   |                                                            | 73316PDN7                           |                                                 | 26,090,000.00  |                            | 0.00 |   | 103,838.20 |   | 103,838.20 |   |   |   | 103,838.20 |   | 0.00 |   | 26,090,000.00 |
| af5                                 |   |                                                            | 73316PDP2                           |                                                 | 7,360,000.00   |                            | 0.00 |   | 31,635.73 |   | 31,635.73 |   |   |   | 31,635.73 |   | 0.00 |   | 7,360,000.00 |
| af6                                 |   |                                                            | 73316PDQ0                           |                                                 | 29,620,000.00  |                            | 0.00 |   | 117,467.98 |   | 117,467.98 |   |   |   | 117,467.98 |   | 0.00 |   | 29,620,000.00 |
| av1a                                |   |                                                            | 73316PDY3                           |                                                 | 91,486,850.59  |                            | 3,264,095.08 |   | 297,738.87 |   | 3,561,833.95 |   |   |   | 297,738.87 |   | 0.00 |   | 88,222,755.51 |
| av1b                                |   |                                                            | 73316PDZ0                           |                                                 | 22,876,402.36  |                            | 816,191.09 |   | 75,371.39 |   | 891,562.48 |   |   |   | 75,371.39 |   | 0.00 |   | 22,060,211.27 |
| av2                                 |   |                                                            | 73316PDR8                           |                                                 | 94,299,897.82  |                            | 3,339,372.15 |   | 312,211.25 |   | 3,651,583.40 |   |   |   | 312,211.25 |   | 0.00 |   | 90,960,525.67 |
| b1                                  |   |                                                            | 73316PEA4                           |                                                 | 4,890,000.00   |                            | 0.00 |   | 24,934.92 |   | 24,934.92 |   |   |   | 24,934.92 |   | 0.00 |   | 4,890,000.00 |
| b2                                  |   |                                                            | 73316PEB2                           |                                                 | 6,520,000.00   |                            | 0.00 |   | 33,246.57 |   | 33,246.57 |   |   |   | 33,246.57 |   | 0.00 |   | 6,520,000.00 |
| b3                                  |   |                                                            | 73316PEC0                           |                                                 | 6,503,000.00   |                            | 0.00 |   | 33,159.88 |   | 33,159.88 |   |   |   | 33,159.88 |   | 0.00 |   | 6,503,000.00 |
| m1                                  |   |                                                            | 73316PDS6                           |                                                 | 45,620,000.00  |                            | 0.00 |   | 194,075.08 |   | 194,075.08 |   |   |   | 194,075.08 |   | 0.00 |   | 45,620,000.00 |
| m2                                  |   |                                                            | 73316PDT4                           |                                                 | 35,520,000.00  |                            | 0.00 |   | 155,400.00 |   | 155,400.00 |   |   |   | 155,400.00 |   | 0.00 |   | 35,520,000.00 |
| m3                                  |   |                                                            | 73316PDU1                           |                                                 | 10,430,000.00  |                            | 0.00 |   | 45,631.25 |   | 45,631.25 |   |   |   | 45,631.25 |   | 0.00 |   | 10,430,000.00 |
| m4                                  |   |                                                            | 73316PDV9                           |                                                 | 9,120,000.00   |                            | 0.00 |   | 39,900.00 |   | 39,900.00 |   |   |   | 39,900.00 |   | 0.00 |   | 9,120,000.00 |
| m5                                  |   |                                                            | 73316PDW7                           |                                                 | 7,820,000.00   |                            | 0.00 |   | 34,212.50 |   | 34,212.50 |   |   |   | 34,212.50 |   | 0.00 |   | 7,820,000.00 |
| m6                                  |   |                                                            | 73316PDX5                           |                                                 | 7,170,000.00   |                            | 0.00 |   | 31,368.75 |   | 31,368.75 |   |   |   | 31,368.75 |   | 0.00 |   | 7,170,000.00 |
| r1                                  |   |                                                            | N/A                                 |                                                 | 0.00           |                            | 0.00 |   | 0.00 |   | 0.00 |   |   |   | 0.00 |   | 0.00 |   | 0.00 |
| r2                                  |   |                                                            | N/A                                 |                                                 | 0.00           |                            | 0.00 |   | 0.00 |   | 0.00 |   |   |   | 0.00 |   | 0.00 |   | 0.00 |
| x                                   |   |                                                            | N/A                                 |                                                 | 626,552,428.46 |                            | 15,528,205.01 |   | 11.49 |   | 15,528,216.50 |   |   |   | 11.49 |   | 0.00 |   | 611,024,223.45 |
|                                |   |                                                            |                                |                                                 |           |                            |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                |   |                                                            | **Payable                  Totals** |                                                 | 32,043,110.89  |                            | 2,259,257.91 |   | 34,302,368.80 |   | 0.00 |   | 2,259,257.91 |   | 0.00 |   | 1,218,056,844.40 |
|                                |   |                                                            | **Grand                  Totals**   |                                                 | 32,043,110.89  |                            | 2,259,257.91 |   | 34,302,368.80 |   | 0.00 |   | 2,259,257.91 |   | 0.00 |   | 1,218,056,844.40 |

----

| Payable                  Date       |   | November                  25, 2005                              |                                |                                                 |           |                            |          |
|-------------------------------------|--------|-----------------------------------------------------------------|-------------------------------------|------------------------------------------------------|----------------|---------------------------------|---------------|
|                                |   |                                                            |                                |                                                 |           |                            |          |
| Client                  37901       |   | Popular                  ABS Mortgage Pass-Through Trust 2005-3 |                                |                                                 |           |                            |          |
|                                |   |                                                            |                                |                                                 |           |                            |          |   |   |   |   |   |   |   |   |   |   |   |   |
|                                |   |                                                            |                                |                                                 |           |                            |          |   |   |   |   |   |   |   |   |   |   |   |   |
| Pool                  Number Series |   | Cusip                  No.                                      |                                | Beginning                  Prin                  Bal |           | Principal                  Paid |          | Interest                  Paid |   | Total                  Distrib |   | Interest                  Adjustment |   | Net                  Interest Distribution |   | Other |   | Ending                  Prin Bal |
|                                |   |                                                            |                                |                                                 |           |                            |          |   |   |   |   |   |   |   |   |   |   |   |   |
| af1                                 |   |                                                            | 73316PDK3                           |                                                 | 133,276,128.50 |                            | 7,717,773.46  |   | 474,842.48 |   | 8,192,615.94 |   |   |   | 474,842.48 |   | 0.00 |   | 125,558,355.04 |
| af2                                 |   |                                                            | 73316PDL1                           |                                                 | 24,290,000.00  |                            | 0.00          |   | 87,686.90 |   | 87,686.90 |   |   |   | 87,686.90 |   | 0.00 |   | 24,290,000.00 |
| af3                                 |   |                                                            | 73316PDM9                           |                                                 | 51,560,000.00  |                            | 0.00          |   | 190,643.10 |   | 190,643.10 |   |   |   | 190,643.10 |   | 0.00 |   | 51,560,000.00 |
| af4                                 |   |                                                            | 73316PDN7                           |                                                 | 26,090,000.00  |                            | 0.00          |   | 103,838.20 |   | 103,838.20 |   |   |   | 103,838.20 |   | 0.00 |   | 26,090,000.00 |
| af5                                 |   |                                                            | 73316PDP2                           |                                                 | 7,360,000.00   |                            | 0.00          |   | 31,635.73 |   | 31,635.73 |   |   |   | 31,635.73 |   | 0.00 |   | 7,360,000.00 |
| af6                                 |   |                                                            | 73316PDQ0                           |                                                 | 29,620,000.00  |                            | 0.00          |   | 117,467.98 |   | 117,467.98 |   |   |   | 117,467.98 |   | 0.00 |   | 29,620,000.00 |
| av1a                                |   |                                                            | 73316PDY3                           |                                                 | 88,222,755.51  |                            | 3,324,349.91  |   | 322,680.85 |   | 3,647,030.76 |   |   |   | 322,680.85 |   | 0.00 |   | 84,898,405.60 |
| av1b                                |   |                                                            | 73316PDZ0                           |                                                 | 22,060,211.27  |                            | 831,257.89    |   | 81,636.57 |   | 912,894.46 |   |   |   | 81,636.57 |   | 0.00 |   | 21,228,953.38 |
| av2                                 |   |                                                            | 73316PDR8                           |                                                 | 90,960,525.67  |                            | 2,474,564.72  |   | 338,177.34 |   | 2,812,742.06 |   |   |   | 338,177.34 |   | 0.00 |   | 88,485,960.95 |
| b1                                  |   |                                                            | 73316PEA4                           |                                                 | 4,890,000.00   |                            | 0.00          |   | 25,392.04 |   | 25,392.04 |   |   |   | 25,392.04 |   | 0.00 |   | 4,890,000.00 |
| b2                                  |   |                                                            | 73316PEB2                           |                                                 | 6,520,000.00   |                            | 0.00          |   | 33,856.05 |   | 33,856.05 |   |   |   | 33,856.05 |   | 0.00 |   | 6,520,000.00 |
| b3                                  |   |                                                            | 73316PEC0                           |                                                 | 6,503,000.00   |                            | 0.00          |   | 33,767.78 |   | 33,767.78 |   |   |   | 33,767.78 |   | 0.00 |   | 6,503,000.00 |
| m1                                  |   |                                                            | 73316PDS6                           |                                                 | 45,620,000.00  |                            | 0.00          |   | 194,075.08 |   | 194,075.08 |   |   |   | 194,075.08 |   | 0.00 |   | 45,620,000.00 |
| m2                                  |   |                                                            | 73316PDT4                           |                                                 | 35,520,000.00  |                            | 0.00          |   | 155,400.00 |   | 155,400.00 |   |   |   | 155,400.00 |   | 0.00 |   | 35,520,000.00 |
| m3                                  |   |                                                            | 73316PDU1                           |                                                 | 10,430,000.00  |                            | 0.00          |   | 45,631.25 |   | 45,631.25 |   |   |   | 45,631.25 |   | 0.00 |   | 10,430,000.00 |
| m4                                  |   |                                                            | 73316PDV9                           |                                                 | 9,120,000.00   |                            | 0.00          |   | 39,900.00 |   | 39,900.00 |   |   |   | 39,900.00 |   | 0.00 |   | 9,120,000.00 |
| m5                                  |   |                                                            | 73316PDW7                           |                                                 | 7,820,000.00   |                            | 0.00          |   | 34,212.50 |   | 34,212.50 |   |   |   | 34,212.50 |   | 0.00 |   | 7,820,000.00 |
| m6                                  |   |                                                            | 73316PDX5                           |                                                 | 7,170,000.00   |                            | 0.00          |   | 31,368.75 |   | 31,368.75 |   |   |   | 31,368.75 |   | 0.00 |   | 7,170,000.00 |
| r1                                  |   |                                                            | N/A                                 |                                                 | 0.00           |                            | 0.00          |   | 0.00 |   | 0.00 |   |   |   | 0.00 |   | 0.00 |   | 0.00 |
| r2                                  |   |                                                            | N/A                                 |                                                 | 0.00           |                            | 0.00          |   | 0.00 |   | 0.00 |   |   |   | 0.00 |   | 0.00 |   | 0.00 |
| x                                   |   |                                                            | N/A                                 |                                                 | 611,024,223.45 |                            | 13,523,471.52 |   | 0.58 |   | 13,523,472.10 |   |   |   | 0.58 |   | 0.00 |   | 597,500,751.93 |
|                                |   |                                                            |                                |                                                 |           |                            |          |   |   |   |   |   |   |   |   |   |   |   |   |
|                                |   |                                                            | **Payable                  Totals** |                                                 | 27,871,417.50  |                            | 2,342,213.18  |   | 30,213,630.68 |   | 0.00 |   | 2,342,213.18 |   | 0.00 |   | 1,190,185,426.90 |
|                                |   |                                                            | **Grand                  Totals**   |                                                 | 27,871,417.50  |                            | 2,342,213.18  |   | 30,213,630.68 |   | 0.00 |   | 2,342,213.18 |   | 0.00 |   | 1,190,185,426.90 |

----

| Payable                  Date       |   | December                  27, 2005                              |                                |                                                 |           |                            |          |
|-------------------------------------|--------|-----------------------------------------------------------------|-------------------------------------|------------------------------------------------------|----------------|---------------------------------|---------------|
|                                |   |                                                            |                                |                                                 |           |                            |          |
| Client                37901         |   | Popular                  ABS Mortgage Pass-Through Trust 2005-3 |                                |                                                 |           |                            |          |
|                                |   |                                                            |                                |                                                 |           |                            |          |   |   |   |   |   |   |   |   |   |   |   |   |
|                                |   |                                                            |                                |                                                 |           |                            |          |   |   |   |   |   |   |   |   |   |   |   |   |
| Pool                  Number Series |   | Cusip                  No.                                      |                                | Beginning                  Prin                  Bal |           | Principal                  Paid |          | Interest                  Paid |   | Total                  Distrib |   | Interest                  Adjustment |   | Net                  Interest Distribution |   | Other |   | Ending                  Prin Bal |
|                                |   |                                                            |                                |                                                 |           |                            |          |   |   |   |   |   |   |   |   |   |   |   |   |
| af1                                 |   |                                                            | 73316PDK3                           |                                                 | 125,558,355.04 |                            | 7,755,241.21  |   | 478,935.37 |   | 8,234,176.58 |   |   |   | 478,935.37 |   | 0.00 |   | 117,803,113.83 |
| af2                                 |   |                                                            | 73316PDL1                           |                                                 | 24,290,000.00  |                            | 0.00          |   | 87,686.90 |   | 87,686.90 |   |   |   | 87,686.90 |   | 0.00 |   | 24,290,000.00 |
| af3                                 |   |                                                            | 73316PDM9                           |                                                 | 51,560,000.00  |                            | 0.00          |   | 190,643.10 |   | 190,643.10 |   |   |   | 190,643.10 |   | 0.00 |   | 51,560,000.00 |
| af4                                 |   |                                                            | 73316PDN7                           |                                                 | 26,090,000.00  |                            | 0.00          |   | 103,838.20 |   | 103,838.20 |   |   |   | 103,838.20 |   | 0.00 |   | 26,090,000.00 |
| af5                                 |   |                                                            | 73316PDP2                           |                                                 | 7,360,000.00   |                            | 0.00          |   | 31,635.73 |   | 31,635.73 |   |   |   | 31,635.73 |   | 0.00 |   | 7,360,000.00 |
| af6                                 |   |                                                            | 73316PDQ0                           |                                                 | 29,620,000.00  |                            | 0.00          |   | 117,467.98 |   | 117,467.98 |   |   |   | 117,467.98 |   | 0.00 |   | 29,620,000.00 |
| av1a                                |   |                                                            | 73316PDY3                           |                                                 | 84,898,405.60  |                            | 2,834,588.36  |   | 332,141.43 |   | 3,166,729.79 |   |   |   | 332,141.43 |   | 0.00 |   | 82,063,817.24 |
| av1b                                |   |                                                            | 73316PDZ0                           |                                                 | 21,228,953.38  |                            | 708,792.39    |   | 83,995.89 |   | 792,788.28 |   |   |   | 83,995.89 |   | 0.00 |   | 20,520,160.99 |
| av2                                 |   |                                                            | 73316PDR8                           |                                                 | 88,485,960.95  |                            | 3,745,454.53  |   | 351,682.54 |   | 4,097,137.07 |   |   |   | 351,682.54 |   | 0.00 |   | 84,740,506.42 |
| b1                                  |   |                                                            | 73316PEA4                           |                                                 | 4,890,000.00   |                            | 0.00          |   | 25,332.88 |   | 25,332.88 |   |   |   | 25,332.88 |   | 0.00 |   | 4,890,000.00 |
| b2                                  |   |                                                            | 73316PEB2                           |                                                 | 6,520,000.00   |                            | 0.00          |   | 33,777.17 |   | 33,777.17 |   |   |   | 33,777.17 |   | 0.00 |   | 6,520,000.00 |
| b3                                  |   |                                                            | 73316PEC0                           |                                                 | 6,503,000.00   |                            | 0.00          |   | 33,689.10 |   | 33,689.10 |   |   |   | 33,689.10 |   | 0.00 |   | 6,503,000.00 |
| m1                                  |   |                                                            | 73316PDS6                           |                                                 | 45,620,000.00  |                            | 0.00          |   | 194,075.08 |   | 194,075.08 |   |   |   | 194,075.08 |   | 0.00 |   | 45,620,000.00 |
| m2                                  |   |                                                            | 73316PDT4                           |                                                 | 35,520,000.00  |                            | 0.00          |   | 155,400.00 |   | 155,400.00 |   |   |   | 155,400.00 |   | 0.00 |   | 35,520,000.00 |
| m3                                  |   |                                                            | 73316PDU1                           |                                                 | 10,430,000.00  |                            | 0.00          |   | 45,631.25 |   | 45,631.25 |   |   |   | 45,631.25 |   | 0.00 |   | 10,430,000.00 |
| m4                                  |   |                                                            | 73316PDV9                           |                                                 | 9,120,000.00   |                            | 0.00          |   | 39,900.00 |   | 39,900.00 |   |   |   | 39,900.00 |   | 0.00 |   | 9,120,000.00 |
| m5                                  |   |                                                            | 73316PDW7                           |                                                 | 7,820,000.00   |                            | 0.00          |   | 34,212.50 |   | 34,212.50 |   |   |   | 34,212.50 |   | 0.00 |   | 7,820,000.00 |
| m6                                  |   |                                                            | 73316PDX5                           |                                                 | 7,170,000.00   |                            | 0.00          |   | 31,368.75 |   | 31,368.75 |   |   |   | 31,368.75 |   | 0.00 |   | 7,170,000.00 |
| r1                                  |   |                                                            | N/A                                 |                                                 | 0.00           |                            | 0.00          |   | 0.00 |   | 0.00 |   |   |   | 0.00 |   | 0.00 |   | 0.00 |
| r2                                  |   |                                                            | N/A                                 |                                                 | 0.00           |                            | 0.00          |   | 0.00 |   | 0.00 |   |   |   | 0.00 |   | 0.00 |   | 0.00 |
| x                                   |   |                                                            | N/A                                 |                                                 | 597,500,751.93 |                            | 14,320,124.20 |   | 0.46 |   | 14,320,124.66 |   |   |   | 0.46 |   | 0.00 |   | 583,180,627.73 |
|                                |   |                                                            |                                |                                                 |           |                            |          |   |   |   |   |   |   |   |   |   |   |   |   |
|                                |   |                                                            | **Payable                  Totals** |                                                 | 29,364,200.69  |                            | 2,371,414.33  |   | 31,735,615.02 |   | 0.00 |   | 2,371,414.33 |   | 0.00 |   | 1,160,821,226.21 |
|                                |   |                                                            | **Grand                  Totals**   |                                                 | 29,364,200.69  |                            | 2,371,414.33  |   | 31,735,615.02 |   | 0.00 |   | 2,371,414.33 |   | 0.00 |   | 1,160,821,226.21 |

----