Unassociated Document


    
       

      Collateral Term
Sheet

      


      Sequoia Mortgage Funding
Corporation/Sequoia Residential Funding, Inc.

      Depositors

      


      THE DEPOSITORS HAVE FILED A REGISTRATION
STATEMENT (INCLUDING A BASE PROSPECTUS) WITH THE SECURITIES AND EXCHANGE
COMMISSION, OR SEC, FOR AN OFFERING TO WHICH THIS COMMUNICATION RELATES.
BEFORE YOU INVEST, YOU SHOULD READ THE BASE PROSPECTUS IN THAT REGISTRATION
STATEMENT AND OTHER DOCUMENTS THE DEPOSITORS HAVE FILED WITH THE SEC FOR MORE
COMPLETE INFORMATION ABOUT THE DEPOSITORS AND ANY SUCH OFFERING. YOU MAY OBTAIN THESE DOCUMENTS AT NO
CHARGE BY VISITING EDGAR ON THE SEC WEB SITE AT WWW.SEC.GOV. ALTERNATIVELY, THE
DEPOSITORS WILL ARRANGE TO SEND YOU THE BASE PROSPECTUS AT NO CHARGE IF YOU
REQUEST IT BY CALLING THE INVESTOR RELATIONS DEPARTMENT (COLLECT) AT (415) 389-7373.


      


      The registration statement referred to
above relates to Commission File Numbers 333-159791,
333-159791-01.

      


      The information in this term sheet is
preliminary, and is subject to completion or change. This term sheet is being
delivered to you for the
limited purpose of providing you with preliminary information about the
characteristics of a mortgage loan pool that may back an offering of
certificates.  Delivery of this information, by itself, is not
intended to serve as the basis for an investment
decision.  More complete information regarding an offering of
certificates, if any, backed by the pool of mortgage loans described herein or
backed by a pool of mortgage loans that may include some, but not all, of the
same mortgage loans included in the pool of mortgage loans
described herein will be made available if the Depositors determine to proceed
with any such offering. No one has been authorized to enter into a contract of
sale on the basis of this information.  Any offer to purchase made by you will not be accepted and
will not constitute a contractual commitment by you to purchase any of the
certificates, or a contract of sale, until an underwriter or dealer
participating in any such offering has accepted your offer to purchase
certificates.

      


      No person is obligated to issue
certificates or any similar security backed by the pool of mortgage loans
described herein or backed by a portion of the mortgage loans included in the
pool of mortgage loans described herein. You are advised that, if any such certificates are
issued, the characteristics of the mortgage loan pool described herein may
change at any time prior to issuance of certificates backed by the mortgage loan
pool or availability of a final prospectus.  The information set
forth herein will be superseded by
subsequent information, including, without limitation, information about the
pool of mortgage loans described herein to the extent it has been conveyed prior
to the time that you enter into any contract of sale.

      


      This term sheet is not required to, and does not,
contain all information that is required to be included in a prospectus and
prospectus supplement for offered certificates. 

      


      This term sheet is not an offer to sell
or a solicitation of an offer to buy securities in any state where such offer,
solicitation or sale is not permitted. 

      


      The information in this term sheet, if
conveyed prior to the time of your contractual commitment to purchase any of the
offered certificates, supersedes any information contained in any prior similar materials relating to
such certificates.


      
        
           


        

        
           


          
            

          

        

        
           


          Preliminary
Subject to Change

        

      

      

       

      
        
          
            	
                    Summary
      Statistics

                  	 
      	 
      	 
      	 
      
	
                    Top 3 Product
      Types:

                  	
                    5/1 ARM

                  	 
      	 
      	 
      
	 
      	
                    100.0%

                  	 
      	 
      	 
      
	
                    Total Current
      Balance:

                  	 
      	 
      	
                    $340,046,051

                  
	
                    Total Number of Mortgage
      Loans:

                  	 
      	 
      	 
      	
                    370

                  
	
                    Average Current Balance:

                  	 
      	 
      	 
      	
                    $919,043

                  
	
                    Maximum Current
      Balance:

                  	 
      	 
      	
                    $2,504,000

                  
	
                    Minimum Current
      Balance:

                  	 
      	 
      	 
      	
                    $423,920

                  
	
                    Weighted Average Gross
      Rate:

                  	 
      	 
      	 
      	
                    4.80

                  
	
                    Weighted Average Season
      (WALA):

                  	 
      	 
      	 
      	
                    4

                  
	
                    % 1st Lien:

                  	 
      	 
      	 
      	
                    100.0%

                  
	
                    Weighted Average Original
      LTV:

                  	 
      	 
      	 
      	
                    57.3

                  
	
                    Weighted Average Original CLTV:

                  	 
      	 
      	 
      	
                    59.1

                  
	
                    Weighted Average
      FICO:

                  	 
      	 
      	 
      	
                    768

                  
	
                    Minimum
    FICO:

                  	 
      	 
      	 
      	
                    702

                  
	
                    % Interest Only
      (IO):

                  	 
      	 
      	 
      	
                    71.4%

                  
	
                    % Loans with Subordinate
      Financing:

                  	 
      	 
      	 
      	
                    19.1%

                  
	
                    % Full Doc:

                  	 
      	 
      	 
      	
                    100.0%

                  
	
                    % Cashout
      Refinance:

                  	 
      	 
      	 
      	
                    3.6%

                  
	
                    % Owner
      Occupied:

                  	 
      	 
      	 
      	
                    95.3%

                  
	
                    % Investor:

                  	 
      	 
      	 
      	
                    0.0%

                  
	
                    % With Prepay
      Penalty:

                  	 
      	 
      	 
      	
                    0.0%

                  
	
                    Weighted Average Back
      Debt-To-Income Ratio (BDTI):

                  	 
      	 
      	
                    27.5

                  
	
                    Top 5
    States:

                  	
                    CA

                  	
                    NY

                  	
                    CT

                  	
                    IL

                  	
                    CO

                  
	 
      	
                    43.9%

                  	
                    16.6%

                  	
                    6.5%

                  	
                    5.6%

                  	
                    3.4%

                  


          

        

      

      



      
        
          1/13/2010

           


        

        
          1 of 15

          
            

          

        

        
           


          Preliminary
Subject to Change

        

      


      Product Type
Breakdown

      


      
        
          
            	
                    Product
Type

                  	
                    # of

                    Loans

                  	
                    Total Current

                    Balance

                  	
                    % Total

                    Current

                    Balance

                  	
                    Average

                    Current

                    Balance

                  	
                    Gross

                    Rate

                  	
                    WALA

                  	
                    % 1st

                    Lien

                  	
                    Orig

                    LTV

                  	
                    Orig

                    CLTV

                  	
                    %

                    SF/PUD

                  	
                    %

                    Condo

                  	
                    % Owner

                    Occupied

                  	
                    %

                    Investor

                  	
                    %

                    Purchase

                  	
                    %

                    Cash

                    Out

                  	
                    BDTI

                  	
                    FICO

                  	
                    % (FICO

                    < 660)

                  	
                    %

                    Full Doc

                  	
                    %

                    Non-Full

                    Doc

                  
	
                    5/1 ARM

                  	
                    370

                  	
                    340,046,051

                  	
                    100.0%

                  	
                    919,043

                  	
                    4.80

                  	
                    4

                  	
                    100.0%

                  	
                    57.3

                  	
                    59.1

                  	
                    86.5%

                  	
                    6.5%

                  	
                    95.3%

                  	
                    0.0%

                  	
                    19.0%

                  	
                    3.6%

                  	
                    27.5

                  	
                    768

                  	
                    0.0%

                  	
                    100.0%

                  	
                    0.0%

                  
	
                    Total:

                  	
                    370

                  	
                    340,046,051

                  	
                    100.0%

                  	
                    919,043

                  	
                    4.80

                  	
                    4

                  	
                    100.0%

                  	
                    57.3

                  	
                    59.1

                  	
                    86.5%

                  	
                    6.5%

                  	
                    95.3%

                  	
                    0.0%

                  	
                    19.0%

                  	
                    3.6%

                  	
                    27.5

                  	
                    768

                  	
                    0.0%

                  	
                    100.0%

                  	
                    0.0%

                  


          

        

      

      


      Documentation
Breakdown

      


      
        
          
            	
                    Documentation

                  	
                    # of

                    Loans

                  	
                    Total Current

                    Balance

                  	
                    % Total

                    Current

                    Balance

                  	
                    Average

                    Current

                    Balance

                  	
                    Gross

                    Rate

                  	
                    WALA

                  	
                    % 1st

                    Lien

                  	
                    Orig

                    LTV

                  	
                    Orig

                    CLTV

                  	
                    %

                    SF/PUD

                  	
                    %

                    Condo

                  	
                    % Owner

                    Occupied

                  	
                    %

                    Investor

                  	
                    %

                    Purchase

                  	
                    %

                    Cash

                    Out

                  	
                    BDTI

                  	
                    FICO

                  	
                    % (FICO

                    < 660)

                  	
                    %

                    Full Doc

                  	
                    %

                    Non-Full

                    Doc

                  
	
                    Full

                  	
                    370

                  	
                    340,046,051

                  	
                    100.0%

                  	
                    919,043

                  	
                    4.80

                  	
                    4

                  	
                    100.0%

                  	
                    57.3

                  	
                    59.1

                  	
                    86.5%

                  	
                    6.5%

                  	
                    95.3%

                  	
                    0.0%

                  	
                    19.0%

                  	
                    3.6%

                  	
                    27.5

                  	
                    768

                  	
                    0.0%

                  	
                    100.0%

                  	
                    0.0%

                  
	
                    Total:

                  	
                    370

                  	
                    340,046,051

                  	
                    100.0%

                  	
                    919,043

                  	
                    4.80

                  	
                    4

                  	
                    100.0%

                  	
                    57.3

                  	
                    59.1

                  	
                    86.5%

                  	
                    6.5%

                  	
                    95.3%

                  	
                    0.0%

                  	
                    19.0%

                  	
                    3.6%

                  	
                    27.5

                  	
                    768

                  	
                    0.0%

                  	
                    100.0%

                  	
                    0.0%

                  


          

        

      

      


      FICO Range
Breakdown

      


      
        
          
            	
                    FICO Range

                  	
                    # of

                    Loans

                  	
                    Total Current

                    Balance

                  	
                    % Total

                    Current

                    Balance

                  	
                    Average

                    Current

                    Balance

                  	
                    Gross

                    Rate

                  	
                    WALA

                  	
                    % 1st

                    Lien

                  	
                    Orig

                    LTV

                  	
                    Orig

                    CLTV

                  	
                    %

                    SF/PUD

                  	
                    %

                    Condo

                  	
                    % Owner

                    Occupied

                  	
                    %

                    Investor

                  	
                    %

                    Purchase

                  	
                    %

                    Cash

                    Out

                  	
                    BDTI

                  	
                    FICO

                  	
                    % (FICO

                    < 660)

                  	
                    %

                    Full Doc

                  	
                    %

                    Non-Full

                    Doc

                  
	
                    701-725

                  	
                    31

                  	
                    28,922,222

                  	
                    8.5%

                  	
                    932,975

                  	
                    4.76

                  	
                    3

                  	
                    100.0%

                  	
                    56.6

                  	
                    59.7

                  	
                    89.1%

                  	
                    1.6%

                  	
                    89.1%

                  	
                    0.0%

                  	
                    15.8%

                  	
                    6.1%

                  	
                    28.0

                  	
                    715

                  	
                    0.0%

                  	
                    100.0%

                  	
                    0.0%

                  
	
                    726-750

                  	
                    58

                  	
                    57,264,958

                  	
                    16.8%

                  	
                    987,327

                  	
                    4.82

                  	
                    3

                  	
                     100.0%

                  	
                    55.7

                  	
                    57.6

                  	
                    85.9%

                  	
                    5.9%

                  	
                    87.9%

                  	
                    0.0%

                  	
                    17.0%

                  	
                    1.3%

                  	
                    28.6

                  	
                    739

                  	
                    0.0%

                  	
                    100.0%

                  	
                    0.0%

                  
	
                    751-775

                  	
                    92

                  	
                    91,472,676

                  	
                    26.9%

                  	
                    994,268

                  	
                    4.82

                  	
                    4

                  	
                     100.0%

                  	
                    55.7

                  	
                    57.9

                  	
                    84.9%

                  	
                    6.2%

                  	
                    97.1%

                  	
                    0.0%

                  	
                    17.3%

                  	
                    3.6%

                  	
                    28.0

                  	
                    763

                  	
                    0.0%

                  	
                    100.0%

                  	
                    0.0%

                  
	
                    776-800

                  	
                    159

                  	
                    139,911,395

                  	
                    41.1%

                  	
                    879,946

                  	
                    4.78

                  	
                    4

                  	
                     100.0%

                  	
                    58.8

                  	
                    60.1

                  	
                    86.2%

                  	
                    8.4%

                  	
                    97.7%

                  	
                    0.0%

                  	
                    21.3%

                  	
                    4.5%

                  	
                    26.7

                  	
                    787

                  	
                    0.0%

                  	
                    100.0%

                  	
                    0.0%

                  
	
                    801-825

                  	
                    30

                  	
                    22,474,800

                  	
                    6.6%

                  	
                    749,160

                  	
                    4.86

                  	
                    4

                  	
                     100.0%

                  	
                    59.7

                  	
                    60.3

                  	
                    92.7%

                  	
                    4.4%

                  	
                    100.0%

                  	
                    0.0%

                  	
                    20.5%

                  	
                    0.0%

                  	
                    27.1

                  	
                    807

                  	
                    0.0%

                  	
                    100.0%

                  	
                    0.0%

                  
	
                    Total:

                  	
                    370

                  	
                    340,046,051

                  	
                    100.0%

                  	
                    919,043

                  	
                    4.80

                  	
                    4

                  	
                     100.0%

                  	
                    57.3

                  	
                    59.1

                  	
                    86.5%

                  	
                    6.5%

                  	
                    95.3%

                  	
                    0.0%

                  	
                    19.0%

                  	
                    3.6%

                  	
                    27.5

                  	
                    768

                  	
                    0.0%

                  	
                    100.0%

                  	
                    0.0%

                  


          

        

      

      



      
        
          1/13/2010

           


        

        
          2 of 15

          
            

          

        

        
           


          Preliminary
Subject to Change

        

      


      Property Type
Breakdown

      


      
        
          
            
              	
                      Property
    Type

                    	
                      # of

                      Loans

                    	
                      Total Current

                      Balance

                    	
                      % Total

                      Current

                      Balance

                    	
                      Average

                      Current

                      Balance

                    	
                      Gross

                      Rate

                    	
                      WALA

                    	
                      % 1st

                      Lien

                    	
                      Orig

                      LTV

                    	
                      Orig

                      CLTV

                    	
                      %

                      SF/PUD

                    	
                      %

                      Condo

                    	
                      % Owner

                      Occupied

                    	
                      %

                      Investor

                    	
                      %

                      Purchase

                    	
                      %

                      Cash

                      Out

                    	
                      BDTI

                    	
                      FICO

                    	
                      % (FICO

                      < 660)

                    	
                      %

                      Full Doc

                    	
                      %

                      Non-Full

                      Doc

                    
	
                      Single
    Family

                    	
                      214

                    	
                      204,188,713

                    	
                      60.0%

                    	
                      954,153

                    	
                      4.80

                    	
                      4

                    	
                      100.0%

                    	
                      55.2

                    	
                      57.0

                    	
                      100.0%

                    	
                      0.0%

                    	
                      93.9%

                    	
                      0.0%

                    	
                      17.4%

                    	
                      4.0%

                    	
                      27.7

                    	
                      766

                    	
                      0.0%

                    	
                      100.0%

                    	
                      0.0%

                    
	
                      PUD

                    	
                      102

                    	
                      89,926,885

                    	
                      26.4%

                    	
                      881,636

                    	
                      4.77

                    	
                      4

                    	
                      100.0%

                    	
                      60.2

                    	
                      62.0

                    	
                      100.0%

                    	
                      0.0%

                    	
                      97.0%

                    	
                      0.0%

                    	
                      22.3%

                    	
                      2.3%

                    	
                      28.0

                    	
                      771

                    	
                      0.0%

                    	
                      100.0%

                    	
                      0.0%

                    
	
                      Co-op

                    	
                      27

                    	
                      23,056,249

                    	
                      6.8%

                    	
                      853,935

                    	
                      4.94

                    	
                      2

                    	
                      100.0%

                    	
                      61.5

                    	
                      62.0

                    	
                      0.0%

                    	
                      0.0%

                    	
                      98.0%

                    	
                      0.0%

                    	
                      15.1%

                    	
                      4.8%

                    	
                      27.9

                    	
                      764

                    	
                      0.0%

                    	
                      100.0%

                    	
                      0.0%

                    
	
                      Condo

                    	
                      26

                    	
                      22,224,204

                    	
                      6.5%

                    	
                      854,777

                    	
                      4.82

                    	
                      4

                    	
                      100.0%

                    	
                      61.7

                    	
                      62.8

                    	
                      0.0%

                    	
                      100.0%

                    	
                      97.9%

                    	
                      0.0%

                    	
                      24.8%

                    	
                      0.0%

                    	
                      22.9

                    	
                      774

                    	
                      0.0%

                    	
                      100.0%

                    	
                      0.0%

                    
	
                      2-4 Family

                    	
                      1

                    	
                      650,000

                    	
                      0.2%

                    	
                      650,000

                    	
                      4.75

                    	
                      3

                    	
                      100.0%

                    	
                      46.4

                    	
                      46.4

                    	
                      0.0%

                    	
                      0.0%

                    	
                      100.0%

                    	
                      0.0%

                    	
                      0.0%

                    	
                      100.0%

                    	
                      37.9

                    	
                      706

                    	
                      0.0%

                    	
                      100.0%

                    	
                      0.0%

                    
	
                      Total:

                    	
                      370

                    	
                      340,046,051

                    	
                      100.0%

                    	
                      919,043

                    	
                      4.80

                    	
                      4

                    	
                      100.0%

                    	
                      57.3

                    	
                      59.1

                    	
                      86.5%

                    	
                      6.5%

                    	
                      95.3%

                    	
                      0.0%

                    	
                      19.0%

                    	
                      3.6%

                    	
                      27.5

                    	
                      768

                    	
                      0.0%

                    	
                      100.0%

                    	
                      0.0%

                    


            

          

        

      

      


      Occupancy
Breakdown

      


      
        
          
            	
                    Occupancy

                  	
                    # of

                    Loans

                  	
                    Total Current

                    Balance

                  	
                    % Total

                    Current

                    Balance

                  	
                    Average

                    Current

                    Balance

                  	
                    Gross

                    Rate

                  	
                    WALA

                  	
                    % 1st

                    Lien

                  	
                    Orig

                    LTV

                  	
                    Orig

                    CLTV

                  	
                    %

                    SF/PUD

                  	
                    %

                    Condo

                  	
                    % Owner

                    Occupied

                  	
                    %

                    Investor

                  	
                    %

                    Purchase

                  	
                    %

                    Cash

                    Out

                  	
                    BDTI

                  	
                    FICO

                  	
                    % (FICO

                    < 660)

                  	
                    %

                    Full Doc

                  	
                    %

                    Non-Full

                    Doc

                  
	
                    Primary

                  	
                    356

                  	
                    323,989,602

                  	
                    95.3%

                  	
                    910,083

                  	
                    4.80

                  	
                    4

                  	
                    100.0%

                  	
                    57.9

                  	
                    59.6

                  	
                    86.1%

                  	
                    6.7%

                  	
                    100.0%

                  	
                    0.0%

                  	
                    18.7%

                  	
                    3.7%

                  	
                    27.8

                  	
                    769

                  	
                    0.0%

                  	
                    100.0%

                  	
                    0.0%

                  
	
                    Secondary
    Home

                  	
                    14

                  	
                    16,056,449

                  	
                    4.7%

                  	
                    1,146,889

                  	
                    4.75

                  	
                    4

                  	
                    100.0%

                  	
                    45.9

                  	
                    48.0

                  	
                    94.1%

                  	
                    3.0%

                  	
                    0.0%

                  	
                    0.0%

                  	
                    24.6%

                  	
                    0.0%

                  	
                    22.2

                  	
                    744

                  	
                    0.0%

                  	
                    100.0%

                  	
                    0.0%

                  
	
                    Total:

                  	
                    370

                  	
                    340,046,051

                  	
                    100.0%

                  	
                    919,043

                  	
                    4.80

                  	
                    4

                  	
                    100.0%

                  	
                    57.3

                  	
                    59.1

                  	
                    86.5%

                  	
                    6.5%

                  	
                    95.3%

                  	
                    0.0%

                  	
                    19.0%

                  	
                    3.6%

                  	
                    27.5

                  	
                    768

                  	
                    0.0%

                  	
                    100.0%

                  	
                    0.0%

                  


          

        

      

      


      Purpose
Breakdown

      


      
        
          
            	
                    Purpose

                  	
                    # of

                    Loans

                  	
                    Total Current

                    Balance

                  	
                    % Total

                    Current

                    Balance

                  	
                    Average

                    Current

                    Balance

                  	
                    Gross

                    Rate

                  	
                    WALA

                  	
                    % 1st

                    Lien

                  	
                    Orig

                    LTV

                  	
                    Orig

                    CLTV

                  	
                    %

                    SF/PUD

                  	
                    %

                    Condo

                  	
                    % Owner

                    Occupied

                  	
                    %

                    Investor

                  	
                    %

                    Purchase

                  	
                    %

                    Cash

                    Out

                  	
                    BDTI

                  	
                    FICO

                  	
                    % (FICO

                    < 660)

                  	
                    %

                    Full Doc

                  	
                    %

                    Non-Full

                    Doc

                  
	
                    Cash Out
    Refi

                  	
                    13

                  	
                    12,080,152

                  	
                    3.6%

                  	
                    929,242

                  	
                    4.74

                  	
                    3

                  	
                    100.0%

                  	
                    44.0

                  	
                    44.3

                  	
                    85.5%

                  	
                    0.0%

                  	
                    100.0%

                  	
                    0.0%

                  	
                    0.0%

                  	
                    100.0%

                  	
                    26.6

                  	
                    768

                  	
                    0.0%

                  	
                    100.0%

                  	
                    0.0%

                  
	
                    Purchase

                  	
                    72

                  	
                    64,557,621

                  	
                    19.0%

                  	
                    896,634

                  	
                    4.87

                  	
                    4

                  	
                    100.0%

                  	
                    69.2

                  	
                    69.7

                  	
                    86.1%

                  	
                    8.5%

                  	
                    93.9%

                  	
                    0.0%

                  	
                    100.0%

                  	
                    0.0%

                  	
                    26.7

                  	
                    769

                  	
                    0.0%

                  	
                    100.0%

                  	
                    0.0%

                  
	
                    Rate Term
    Refi

                  	
                    285

                  	
                    263,408,279

                  	
                    77.5%

                  	
                    924,240

                  	
                    4.79

                  	
                    4

                  	
                    100.0%

                  	
                    55.0

                  	
                    57.1

                  	
                    86.6%

                  	
                    6.3%

                  	
                    95.4%

                  	
                    0.0%

                  	
                    0.0%

                  	
                    0.0%

                  	
                    27.8

                  	
                    767

                  	
                    0.0%

                  	
                    100.0%

                  	
                    0.0%

                  
	
                    Total:

                  	
                    370

                  	
                    340,046,051

                  	
                    100.0%

                  	
                    919,043

                  	
                    4.80

                  	
                    4

                  	
                    100.0%

                  	
                    57.3

                  	
                    59.1

                  	
                    86.5%

                  	
                    6.5%

                  	
                    95.3%

                  	
                    0.0%

                  	
                    19.0%

                  	
                    3.6%

                  	
                    27.5

                  	
                    768

                  	
                    0.0%

                  	
                    100.0%

                  	
                    0.0%

                  


          

        

      


      
        
          1/13/2010

           


        

        
          3 of 15

          
            

          

        

        
           


          Preliminary
Subject to Change

        

      


      Original LTV
Breakdown

      


      
        
          
            
              	
                      Original
LTV

                    	
                      # of

                      Loans

                    	
                      Total Current

                      Balance

                    	
                      % Total

                      Current

                      Balance

                    	
                      Average

                      Current

                      Balance

                    	
                      Gross

                      Rate

                    	
                      WALA

                    	
                      % 1st

                      Lien

                    	
                      Orig

                      LTV

                    	
                      Orig

                      CLTV

                    	
                      %

                      SF/PUD

                    	
                      %

                      Condo

                    	
                      % Owner

                      Occupied

                    	
                      %

                      Investor

                    	
                      %

                      Purchase

                    	
                      %

                      Cash

                      Out

                    	
                      BDTI

                    	
                      FICO

                    	
                      % (FICO

                      < 660)

                    	
                      %

                      Full Doc

                    	
                      %

                      Non-Full

                      Doc

                    
	
                      5.00-10.00

                    	
                      1

                    	
                      528,016

                    	
                      0.2%

                    	
                      528,016

                    	
                      4.50

                    	
                      6

                    	
                      100.0%

                    	
                      8.0

                    	
                      8.0

                    	
                      100.0%

                    	
                      0.0%

                    	
                      100.0%

                    	
                      0.0%

                    	
                      0.0%

                    	
                      0.0%

                    	
                      15.0

                    	
                      804

                    	
                      0.0%

                    	
                      100.0%

                    	
                      0.0%

                    
	
                      15.01-20.00

                    	
                      3

                    	
                      2,716,400

                    	
                      0.8%

                    	
                      905,467

                    	
                      4.74

                    	
                      2

                    	
                      100.0%

                    	
                      17.4

                    	
                      17.4

                    	
                      67.1%

                    	
                      0.0%

                    	
                      100.0%

                    	
                      0.0%

                    	
                      0.0%

                    	
                      0.0%

                    	
                      32.1

                    	
                      757

                    	
                      0.0%

                    	
                      100.0%

                    	
                      0.0%

                    
	
                      20.01-25.00

                    	
                      10

                    	
                      11,333,939

                    	
                      3.3%

                    	
                      1,133,394

                    	
                      4.60

                    	
                      5

                    	
                      100.0%

                    	
                      23.3

                    	
                      26.1

                    	
                      100.0%

                    	
                      0.0%

                    	
                      100.0%

                    	
                      0.0%

                    	
                      0.0%

                    	
                      9.7%

                    	
                      28.6

                    	
                      763

                    	
                      0.0%

                    	
                      100.0%

                    	
                      0.0%

                    
	
                      25.01-30.00

                    	
                      13

                    	
                      12,774,904

                    	
                      3.8%

                    	
                      982,685

                    	
                      4.78

                    	
                      4

                    	
                      100.0%

                    	
                      28.1

                    	
                      28.5

                    	
                      85.6%

                    	
                      5.8%

                    	
                      86.0%

                    	
                      0.0%

                    	
                      0.0%

                    	
                      8.6%

                    	
                      17.1

                    	
                      758

                    	
                      0.0%

                    	
                      100.0%

                    	
                      0.0%

                    
	
                      30.01-35.00

                    	
                      9

                    	
                      7,449,437

                    	
                      2.2%

                    	
                      827,715

                    	
                      4.66

                    	
                      4

                    	
                      100.0%

                    	
                      32.9

                    	
                      40.8

                    	
                      100.0%

                    	
                      0.0%

                    	
                      100.0%

                    	
                      0.0%

                    	
                      0.0%

                    	
                      0.0%

                    	
                      27.1

                    	
                      769

                    	
                      0.0%

                    	
                      100.0%

                    	
                      0.0%

                    
	
                      35.01-40.00

                    	
                      22

                    	
                      22,626,996

                    	
                      6.7%

                    	
                      1,028,500

                    	
                      4.85

                    	
                      4

                    	
                      100.0%

                    	
                      37.5

                    	
                      41.6

                    	
                      95.2%

                    	
                      0.0%

                    	
                      88.9%

                    	
                      0.0%

                    	
                      12.8%

                    	
                      8.8%

                    	
                      25.6

                    	
                      774

                    	
                      0.0%

                    	
                      100.0%

                    	
                      0.0%

                    
	
                      40.01-45.00

                    	
                      29

                    	
                      31,106,247

                    	
                      9.1%

                    	
                      1,072,629

                    	
                      4.70

                    	
                      4

                    	
                      100.0%

                    	
                      43.1

                    	
                      45.1

                    	
                      90.7%

                    	
                      9.3%

                    	
                      84.8%

                    	
                      0.0%

                    	
                      4.8%

                    	
                      7.4%

                    	
                      26.8

                    	
                      759

                    	
                      0.0%

                    	
                      100.0%

                    	
                      0.0%

                    
	
                      45.01-50.00

                    	
                      25

                    	
                      22,262,662

                    	
                      6.5%

                    	
                      890,506

                    	
                      4.73

                    	
                      4

                    	
                      100.0%

                    	
                      48.2

                    	
                      51.8

                    	
                      77.6%

                    	
                      10.4%

                    	
                      93.4%

                    	
                      0.0%

                    	
                      8.2%

                    	
                      6.5%

                    	
                      22.9

                    	
                      774

                    	
                      0.0%

                    	
                      100.0%

                    	
                      0.0%

                    
	
                      50.01-55.00

                    	
                      28

                    	
                      27,824,023

                    	
                      8.2%

                    	
                      993,715

                    	
                      4.74

                    	
                      4

                    	
                      100.0%

                    	
                      52.6

                    	
                      56.0

                    	
                      85.8%

                    	
                      8.8%

                    	
                      87.3%

                    	
                      0.0%

                    	
                      8.1%

                    	
                      5.0%

                    	
                      27.4

                    	
                      756

                    	
                      0.0%

                    	
                      100.0%

                    	
                      0.0%

                    
	
                      55.01-60.00

                    	
                      40

                    	
                      40,832,305

                    	
                      12.0%

                    	
                      1,020,808

                    	
                      4.82

                    	
                      4

                    	
                      100.0%

                    	
                      57.6

                    	
                      59.1

                    	
                      93.8%

                    	
                      6.2%

                    	
                      95.0%

                    	
                      0.0%

                    	
                      19.1%

                    	
                      4.9%

                    	
                      29.0

                    	
                      769

                    	
                      0.0%

                    	
                      100.0%

                    	
                      0.0%

                    
	
                      60.01-65.00

                    	
                      32

                    	
                      27,284,734

                    	
                      8.0%

                    	
                      852,648

                    	
                      4.83

                    	
                      4

                    	
                      100.0%

                    	
                      63.0

                    	
                      64.1

                    	
                      89.6%

                    	
                      2.4%

                    	
                      100.0%

                    	
                      0.0%

                    	
                      2.7%

                    	
                      2.6%

                    	
                      26.6

                    	
                      770

                    	
                      0.0%

                    	
                      100.0%

                    	
                      0.0%

                    
	
                      65.01-70.00

                    	
                      60

                    	
                      55,154,223

                    	
                      16.2%

                    	
                      919,237

                    	
                      4.92

                    	
                      3

                    	
                      100.0%

                    	
                      68.4

                    	
                      69.7

                    	
                      82.1%

                    	
                      3.4%

                    	
                      100.0%

                    	
                      0.0%

                    	
                      23.3%

                    	
                      0.0%

                    	
                      29.3

                    	
                      766

                    	
                      0.0%

                    	
                      100.0%

                    	
                      0.0%

                    
	
                      70.01-75.00

                    	
                      37

                    	
                      35,145,537

                    	
                      10.3%

                    	
                      949,879

                    	
                      4.76

                    	
                      4

                    	
                      100.0%

                    	
                      73.8

                    	
                      73.9

                    	
                      73.9%

                    	
                      12.4%

                    	
                      100.0%

                    	
                      0.0%

                    	
                      34.9%

                    	
                      0.0%

                    	
                      29.0

                    	
                      777

                    	
                      0.0%

                    	
                      100.0%

                    	
                      0.0%

                    
	
                      75.01-80.00

                    	
                      61

                    	
                      43,006,629

                    	
                      12.6%

                    	
                      705,027

                    	
                      4.85

                    	
                      4

                    	
                      100.0%

                    	
                      79.3

                    	
                      79.3

                    	
                      86.4%

                    	
                      10.3%

                    	
                      100.0%

                    	
                      0.0%

                    	
                      52.1%

                    	
                      0.0%

                    	
                      29.9

                    	
                      772

                    	
                      0.0%

                    	
                      100.0%

                    	
                      0.0%

                    
	
                      Total:

                    	
                      370

                    	
                      340,046,051

                    	
                      100.0%

                    	
                      919,043

                    	
                      4.80

                    	
                      4

                    	
                      100.0%

                    	
                      57.3

                    	
                      59.1

                    	
                      86.5%

                    	
                      6.5%

                    	
                      95.3%

                    	
                      0.0%

                    	
                      19.0%

                    	
                      3.6%

                    	
                      27.5

                    	
                      768

                    	
                      0.0%

                    	
                      100.0%

                    	
                      0.0%

                    


            

          

        

      

      


      



      
        
          1/13/2010

           


        

        
          4 of 15

          
            

          

        

        
           


          Preliminary
Subject to Change

        

      


      Original CLTV
Breakdown

      


      
        
          
            	
                    CLTV Band

                  	
                    # of

                    Loans

                  	
                    Total Current

                    Balance

                  	
                    % Total

                    Current

                    Balance

                  	
                    Average

                    Current

                    Balance

                  	
                    Gross

                    Rate

                  	
                    WALA

                  	
                    % 1st

                    Lien

                  	
                    Orig

                    LTV

                  	
                    Orig

                    CLTV

                  	
                    %

                    SF/PUD

                  	
                    %

                    Condo

                  	
                    % Owner

                    Occupied

                  	
                    %

                    Investor

                  	
                    %

                    Purchase

                  	
                    %

                    Cash

                    Out

                  	
                    BDTI

                  	
                    FICO

                  	
                    % (FICO

                    < 660)

                  	
                    %

                    Full Doc

                  	
                    %

                    Non-Full

                    Doc

                  
	
                    5.00-10.00

                  	
                    1

                  	
                    528,016

                  	
                    0.2%

                  	
                    528,016

                  	
                    4.50

                  	
                    6

                  	
                    100.0%

                  	
                    8.0

                  	
                    8.0

                  	
                    100.0%

                  	
                    0.0%

                  	
                    100.0%

                  	
                    0.0%

                  	
                    0.0%

                  	
                    0.0%

                  	
                    15.0

                  	
                    804

                  	
                    0.0%

                  	
                    100.0%

                  	
                    0.0%

                  
	
                    15.01-20.00

                  	
                    3

                  	
                    2,716,400

                  	
                    0.8%

                  	
                    905,467

                  	
                    4.74

                  	
                    2

                  	
                    100.0%

                  	
                    17.4

                  	
                    17.4

                  	
                    67.1%

                  	
                    0.0%

                  	
                    100.0%

                  	
                    0.0%

                  	
                    0.0%

                  	
                    0.0%

                  	
                    32.1

                  	
                    757

                  	
                    0.0%

                  	
                    100.0%

                  	
                    0.0%

                  
	
                    20.01-25.00

                  	
                    8

                  	
                    8,940,000

                  	
                    2.6%

                  	
                    1,117,500

                  	
                    4.63

                  	
                    5

                  	
                    100.0%

                  	
                    23.3

                  	
                    23.6

                  	
                    100.0%

                  	
                    0.0%

                  	
                    100.0%

                  	
                    0.0%

                  	
                    0.0%

                  	
                    12.3%

                  	
                    29.5

                  	
                    765

                  	
                    0.0%

                  	
                    100.0%

                  	
                    0.0%

                  
	
                    25.01-30.00

                  	
                    13

                  	
                    13,274,404

                  	
                    3.9%

                  	
                    1,021,108

                  	
                    4.76

                  	
                    4

                  	
                    100.0%

                  	
                    27.6

                  	
                    28.2

                  	
                    86.1%

                  	
                    5.6%

                  	
                    86.5%

                  	
                    0.0%

                  	
                    0.0%

                  	
                    8.3%

                  	
                    18.6

                  	
                    759

                  	
                    0.0%

                  	
                    100.0%

                  	
                    0.0%

                  
	
                    30.01-35.00

                  	
                    5

                  	
                    4,481,911

                  	
                    1.3%

                  	
                    896,382

                  	
                    4.73

                  	
                    4

                  	
                    100.0%

                  	
                    32.3

                  	
                    32.9

                  	
                    100.0%

                  	
                    0.0%

                  	
                    100.0%

                  	
                    0.0%

                  	
                    0.0%

                  	
                    0.0%

                  	
                    20.2

                  	
                    787

                  	
                    0.0%

                  	
                    100.0%

                  	
                    0.0%

                  
	
                    35.01-40.00

                  	
                    20

                  	
                    17,265,972

                  	
                    5.1%

                  	
                    863,299

                  	
                    4.82

                  	
                    4

                  	
                    100.0%

                  	
                    36.6

                  	
                    37.3

                  	
                    93.6%

                  	
                    0.0%

                  	
                    94.2%

                  	
                    0.0%

                  	
                    16.8%

                  	
                    2.9%

                  	
                    24.2

                  	
                    771

                  	
                    0.0%

                  	
                    100.0%

                  	
                    0.0%

                  
	
                    40.01-45.00

                  	
                    24

                  	
                    28,037,153

                  	
                    8.2%

                  	
                    1,168,215

                  	
                    4.74

                  	
                    4

                  	
                    100.0%

                  	
                    42.2

                  	
                    43.0

                  	
                    93.3%

                  	
                    6.7%

                  	
                    83.2%

                  	
                    0.0%

                  	
                    5.4%

                  	
                    13.6%

                  	
                    26.4

                  	
                    762

                  	
                    0.0%

                  	
                    100.0%

                  	
                    0.0%

                  
	
                    45.01-50.00

                  	
                    22

                  	
                    19,756,290

                  	
                    5.8%

                  	
                    898,013

                  	
                    4.68

                  	
                    5

                  	
                    100.0%

                  	
                    46.4

                  	
                    48.1

                  	
                    87.6%

                  	
                    3.5%

                  	
                    94.9%

                  	
                    0.0%

                  	
                    4.2%

                  	
                    7.3%

                  	
                    25.6

                  	
                    770

                  	
                    0.0%

                  	
                    100.0%

                  	
                    0.0%

                  
	
                    50.01-55.00

                  	
                    28

                  	
                    27,857,095

                  	
                    8.2%

                  	
                    994,896

                  	
                    4.71

                  	
                    4

                  	
                    100.0%

                  	
                    50.2

                  	
                    52.7

                  	
                    77.3%

                  	
                    14.0%

                  	
                    85.6%

                  	
                    0.0%

                  	
                    8.1%

                  	
                    5.0%

                  	
                    27.7

                  	
                    760

                  	
                    0.0%

                  	
                    100.0%

                  	
                    0.0%

                  
	
                    55.01-60.00

                  	
                    40

                  	
                    40,986,904

                  	
                    12.1%

                  	
                    1,024,673

                  	
                    4.81

                  	
                    4

                  	
                    100.0%

                  	
                    56.0

                  	
                    57.7

                  	
                    93.8%

                  	
                    6.2%

                  	
                    91.4%

                  	
                    0.0%

                  	
                    19.0%

                  	
                    4.9%

                  	
                    28.8

                  	
                    767

                  	
                    0.0%

                  	
                    100.0%

                  	
                    0.0%

                  
	
                    60.01-65.00

                  	
                    35

                  	
                    32,278,028

                  	
                    9.5%

                  	
                    922,229

                  	
                    4.81

                  	
                    4

                  	
                    100.0%

                  	
                    59.6

                  	
                    63.1

                  	
                    87.6%

                  	
                    5.6%

                  	
                    100.0%

                  	
                    0.0%

                  	
                    2.3%

                  	
                    2.2%

                  	
                    26.4

                  	
                    770

                  	
                    0.0%

                  	
                    100.0%

                  	
                    0.0%

                  
	
                    65.01-70.00

                  	
                    50

                  	
                    45,940,507

                  	
                    13.5%

                  	
                    918,810

                  	
                    4.94

                  	
                    4

                  	
                    100.0%

                  	
                    67.9

                  	
                    68.4

                  	
                    81.4%

                  	
                    4.1%

                  	
                    100.0%

                  	
                    0.0%

                  	
                    27.8%

                  	
                    0.0%

                  	
                    28.6

                  	
                    768

                  	
                    0.0%

                  	
                    100.0%

                  	
                    0.0%

                  
	
                    70.01-75.00

                  	
                    49

                  	
                    46,965,479

                  	
                    13.8%

                  	
                    958,479

                  	
                    4.77

                  	
                    4

                  	
                    100.0%

                  	
                    70.8

                  	
                    73.4

                  	
                    78.6%

                  	
                    9.2%

                  	
                    100.0%

                  	
                    0.0%

                  	
                    26.1%

                  	
                    0.0%

                  	
                    29.1

                  	
                    769

                  	
                    0.0%

                  	
                    100.0%

                  	
                    0.0%

                  
	
                    75.01-80.00

                  	
                    72

                  	
                    51,017,892

                  	
                    15.0%

                  	
                    708,582

                  	
                    4.87

                  	
                    4

                  	
                    100.0%

                  	
                    76.9

                  	
                    79.1

                  	
                    87.6%

                  	
                    8.7%

                  	
                    100.0%

                  	
                    0.0%

                  	
                    46.1%

                  	
                    0.0%

                  	
                    29.6

                  	
                    772

                  	
                    0.0%

                  	
                    100.0%

                  	
                    0.0%

                  
	
                    Total:

                  	
                    370

                  	
                    340,046,051

                  	
                    100.0%

                  	
                    919,043

                  	
                    4.80

                  	
                    4

                  	
                    100.0%

                  	
                    57.3

                  	
                    59.1

                  	
                    86.5%

                  	
                    6.5%

                  	
                    95.3%

                  	
                    0.0%

                  	
                    19.0%

                  	
                    3.6%

                  	
                    27.5

                  	
                    768

                  	
                    0.0%

                  	
                    100.0%

                  	
                    0.0%

                  


          

        

      

      


      



      
        
          1/13/2010

           


        

        
          5 of 15

          
            

          

        

        
           


          Preliminary
Subject to Change

        

      


      WALA Range
Breakdown

      


      
        
          	
                  WALA Range

                	
                  # of

                  Loans

                	
                  Total Current

                  Balance

                	
                  % Total

                  Current

                  Balance

                	
                  Average

                  Current

                  Balance

                	
                  Gross

                  Rate

                	
                  WALA

                	
                  % 1st

                  Lien

                	
                  Orig

                  LTV

                	
                  Orig

                  CLTV

                	
                  %

                  SF/PUD

                	
                  %

                  Condo

                	
                  % Owner

                  Occupied

                	
                  %

                  Investor

                	
                  %

                  Purchase

                	
                  %

                  Cash

                  Out

                	
                  BDTI

                	
                  FICO

                	
                  % (FICO

                  < 660)

                	
                  %

                  Full Doc

                	
                  %

                  Non-Full

                  Doc

                
	
                  0 - 3

                	
                  146

                	
                  136,749,285

                	
                  40.2%

                	
                  936,639

                	
                  4.88

                	
                  2

                	
                  100.0%

                	
                  57.0

                	
                  58.9

                	
                  81.0%

                	
                  6.7%

                	
                  95.8%

                	
                  0.0%

                	
                  17.4%

                	
                  5.6%

                	
                  28.3

                	
                  764

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                
	
                  4 - 6

                	
                  223

                	
                  202,404,258

                	
                  59.5%

                	
                  907,642

                	
                  4.75

                	
                  5

                	
                  100.0%

                	
                  57.4

                	
                  59.1

                	
                  90.1%

                	
                  6.5%

                	
                  94.9%

                	
                  0.0%

                	
                  19.7%

                	
                  2.2%

                	
                  27.1

                	
                  770

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                
	
                  7 - 9

                	
                  1

                	
                  892,508

                	
                  0.3%

                	
                  892,508

                	
                  5.12

                	
                  7

                	
                  100.0%

                	
                  80.0

                	
                  80.0

                	
                  100.0%

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                	
                  6.8

                	
                  777

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                
	
                  Total:

                	
                  370

                	
                  340,046,051

                	
                  100.0%

                	
                  919,043

                	
                  4.80

                	
                  4

                	
                  100.0%

                	
                  57.3

                	
                  59.1

                	
                  86.5%

                	
                  6.5%

                	
                  95.3%

                	
                  0.0%

                	
                  19.0%

                	
                  3.6%

                	
                  27.5

                	
                  768

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                


        

      

      


      



      
        
          1/13/2010

           


        

        
          6 of 15

          
            

          

        

        
           


          Preliminary
Subject to Change

        

      


      Current Balance
Breakdown

      


      
        
          
            	
                    Current
    Balance

                  	
                    # of

                    Loans

                  	
                    Total Current

                    Balance

                  	
                    % Total

                    Current

                    Balance

                  	
                    Average

                    Current

                    Balance

                  	
                    Gross

                    Rate

                  	
                    WALA

                  	
                    % 1st

                    Lien

                  	
                    Orig

                    LTV

                  	
                    Orig

                    CLTV

                  	
                    %

                    SF/PUD

                  	
                    %

                    Condo

                  	
                    % Owner

                    Occupied

                  	
                    %

                    Investor

                  	
                    %

                    Purchase

                  	
                    %

                    Cash

                    Out

                  	
                    BDTI

                  	
                    FICO

                  	
                    % (FICO

                    < 660)

                  	
                    %

                    Full Doc

                  	
                    %

                    Non-Full

                    Doc

                  
	
                    400,001-500,000

                  	
                    22

                  	
                    10,343,332

                  	
                    3.0%

                  	
                    470,151

                  	
                    4.80

                  	
                    4

                  	
                    100.0%

                  	
                    63.1

                  	
                    64.0

                  	
                    72.4%

                  	
                    14.0%

                  	
                    86.5%

                  	
                    0.0%

                  	
                    22.3%

                  	
                    4.8%

                  	
                    26.1

                  	
                    779

                  	
                    0.0%

                  	
                    100.0%

                  	
                    0.0%

                  
	
                    500,001-600,000

                  	
                    35

                  	
                    19,309,711

                  	
                    5.7%

                  	
                    551,706

                  	
                    4.78

                  	
                    4

                  	
                    100.0%

                  	
                    62.7

                  	
                    63.4

                  	
                    94.4%

                  	
                    2.8%

                  	
                    100.0%

                  	
                    0.0%

                  	
                    19.4%

                  	
                    0.0%

                  	
                    28.2

                  	
                    780

                  	
                    0.0%

                  	
                    100.0%

                  	
                    0.0%

                  
	
                    600,001-700,000

                  	
                    42

                  	
                    27,577,878

                  	
                    8.1%

                  	
                    656,616

                  	
                    4.79

                  	
                    4

                  	
                    100.0%

                  	
                    60.1

                  	
                    63.8

                  	
                    83.1%

                  	
                    7.2%

                  	
                    100.0%

                  	
                    0.0%

                  	
                    21.3%

                  	
                    4.9%

                  	
                    24.4

                  	
                    765

                  	
                    0.0%

                  	
                    100.0%

                  	
                    0.0%

                  
	
                    700,001-800,000

                  	
                    46

                  	
                    34,786,859

                  	
                    10.2%

                  	
                    756,236

                  	
                    4.82

                  	
                    4

                  	
                    100.0%

                  	
                    61.8

                  	
                    62.5

                  	
                    89.2%

                  	
                    6.6%

                  	
                    97.9%

                  	
                    0.0%

                  	
                    10.5%

                  	
                    6.5%

                  	
                    27.0

                  	
                    774

                  	
                    0.0%

                  	
                    100.0%

                  	
                    0.0%

                  
	
                    800,001-900,000

                  	
                    52

                  	
                    44,447,376

                  	
                    13.1%

                  	
                    854,757

                  	
                    4.84

                  	
                    3

                  	
                    100.0%

                  	
                    58.8

                  	
                    60.8

                  	
                    74.8%

                  	
                    11.5%

                  	
                    100.0%

                  	
                    0.0%

                  	
                    22.9%

                  	
                    2.0%

                  	
                    27.8

                  	
                    774

                  	
                    0.0%

                  	
                    100.0%

                  	
                    0.0%

                  
	
                    900,001-1,000,000

                  	
                    71

                  	
                    69,116,887

                  	
                    20.3%

                  	
                    973,477

                  	
                    4.83

                  	
                    4

                  	
                    100.0%

                  	
                    58.4

                  	
                    59.8

                  	
                    84.4%

                  	
                    7.2%

                  	
                    98.6%

                  	
                    0.0%

                  	
                    19.3%

                  	
                    2.9%

                  	
                    28.7

                  	
                    768

                  	
                    0.0%

                  	
                    100.0%

                  	
                    0.0%

                  
	
                    1,000,001-1,100,000

                  	
                    24

                  	
                    25,677,945

                  	
                    7.6%

                  	
                    1,069,914

                  	
                    4.72

                  	
                    4

                  	
                    100.0%

                  	
                    52.6

                  	
                    55.0

                  	
                    87.6%

                  	
                    4.1%

                  	
                    96.1%

                  	
                    0.0%

                  	
                    12.5%

                  	
                    4.3%

                  	
                    25.6

                  	
                    758

                  	
                    0.0%

                  	
                    100.0%

                  	
                    0.0%

                  
	
                    1,100,001-1,200,000

                  	
                    25

                  	
                    28,816,753

                  	
                    8.5%

                  	
                    1,152,670

                  	
                    4.66

                  	
                    4

                  	
                    100.0%

                  	
                    59.3

                  	
                    60.4

                  	
                    80.2%

                  	
                    12.0%

                  	
                    96.0%

                  	
                    0.0%

                  	
                    31.6%

                  	
                    3.8%

                  	
                    21.1

                  	
                    759

                  	
                    0.0%

                  	
                    100.0%

                  	
                    0.0%

                  
	
                    1,200,001-1,300,000

                  	
                    16

                  	
                    20,163,896

                  	
                    5.9%

                  	
                    1,260,244

                  	
                    4.87

                  	
                    3

                  	
                    100.0%

                  	
                    52.5

                  	
                    54.5

                  	
                    100.0%

                  	
                    0.0%

                  	
                    87.3%

                  	
                    0.0%

                  	
                    12.6%

                  	
                    0.0%

                  	
                    27.1

                  	
                    761

                  	
                    0.0%

                  	
                    100.0%

                  	
                    0.0%

                  
	
                    1,300,001-1,400,000

                  	
                    9

                  	
                    12,298,099

                  	
                    3.6%

                  	
                    1,366,455

                  	
                    4.99

                  	
                    3

                  	
                    100.0%

                  	
                    57.2

                  	
                    62.0

                  	
                    78.0%

                  	
                    11.0%

                  	
                    100.0%

                  	
                    0.0%

                  	
                    33.6%

                  	
                    0.0%

                  	
                    30.8

                  	
                    773

                  	
                    0.0%

                  	
                    100.0%

                  	
                    0.0%

                  
	
                    1,400,001-1,500,000

                  	
                    16

                  	
                    23,631,242

                  	
                    6.9%

                  	
                    1,476,953

                  	
                    4.77

                  	
                    3

                  	
                    100.0%

                  	
                    50.6

                  	
                    52.6

                  	
                    100.0%

                  	
                    0.0%

                  	
                    81.0%

                  	
                    0.0%

                  	
                    19.0%

                  	
                    12.3%

                  	
                    32.3

                  	
                    766

                  	
                    0.0%

                  	
                    100.0%

                  	
                    0.0%

                  
	
                    1,600,001-1,700,000

                  	
                    1

                  	
                    1,600,201

                  	
                    0.5%

                  	
                    1,600,201

                  	
                    4.88

                  	
                    2

                  	
                    100.0%

                  	
                    68.0

                  	
                    68.0

                  	
                    100.0%

                  	
                    0.0%

                  	
                    100.0%

                  	
                    0.0%

                  	
                    0.0%

                  	
                    0.0%

                  	
                    25.7

                  	
                    774

                  	
                    0.0%

                  	
                    100.0%

                  	
                    0.0%

                  
	
                    1,700,001-1,800,000

                  	
                    2

                  	
                    3,548,587

                  	
                    1.0%

                  	
                    1,774,293

                  	
                    4.87

                  	
                    4

                  	
                    100.0%

                  	
                    41.9

                  	
                    41.9

                  	
                    100.0%

                  	
                    0.0%

                  	
                    49.6%

                  	
                    0.0%

                  	
                    0.0%

                  	
                    0.0%

                  	
                    26.6

                  	
                    744

                  	
                    0.0%

                  	
                    100.0%

                  	
                    0.0%

                  
	
                    1,800,001-1,900,000

                  	
                    2

                  	
                    3,719,000

                  	
                    1.1%

                  	
                    1,859,500

                  	
                    4.82

                  	
                    5

                  	
                    100.0%

                  	
                    53.7

                  	
                    53.7

                  	
                    100.0%

                  	
                    0.0%

                  	
                    100.0%

                  	
                    0.0%

                  	
                    0.0%

                  	
                    0.0%

                  	
                    31.9

                  	
                    786

                  	
                    0.0%

                  	
                    100.0%

                  	
                    0.0%

                  
	
                    1,900,001-2,000,000

                  	
                    3

                  	
                    5,776,687

                  	
                    1.7%

                  	
                    1,925,562

                  	
                    4.88

                  	
                    5

                  	
                    100.0%

                  	
                    61.9

                  	
                    61.9

                  	
                    100.0%

                  	
                    0.0%

                  	
                    66.9%

                  	
                    0.0%

                  	
                    33.1%

                  	
                    0.0%

                  	
                    31.2

                  	
                    758

                  	
                    0.0%

                  	
                    100.0%

                  	
                    0.0%

                  
	
                    2,100,001-2,200,000

                  	
                    1

                  	
                    2,200,000

                  	
                    0.6%

                  	
                    2,200,000

                  	
                    4.88

                  	
                    3

                  	
                    100.0%

                  	
                    42.3

                  	
                    42.3

                  	
                    100.0%

                  	
                    0.0%

                  	
                    100.0%

                  	
                    0.0%

                  	
                    0.0%

                  	
                    0.0%

                  	
                    41.0

                  	
                    737

                  	
                    0.0%

                  	
                    100.0%

                  	
                    0.0%

                  
	
                    2,000,001-2,100,000

                  	
                    1

                  	
                    2,027,600

                  	
                    0.6%

                  	
                    2,027,600

                  	
                    4.88

                  	
                    3

                  	
                    100.0%

                  	
                    36.9

                  	
                    44.1

                  	
                    100.0%

                  	
                    0.0%

                  	
                    100.0%

                  	
                    0.0%

                  	
                    0.0%

                  	
                    0.0%

                  	
                    37.0

                  	
                    769

                  	
                    0.0%

                  	
                    100.0%

                  	
                    0.0%

                  
	
                    2,400,001-2,500,000

                  	
                    1

                  	
                    2,500,000

                  	
                    0.7%

                  	
                    2,500,000

                  	
                    4.62

                  	
                    5

                  	
                    100.0%

                  	
                    43.9

                  	
                    43.9

                  	
                    100.0%

                  	
                    0.0%

                  	
                    100.0%

                  	
                    0.0%

                  	
                    0.0%

                  	
                    0.0%

                  	
                    26.4

                  	
                    766

                  	
                    0.0%

                  	
                    100.0%

                  	
                    0.0%

                  
	
                    2,500,001-2,600,000

                  	
                    1

                  	
                    2,504,000

                  	
                    0.7%

                  	
                    2,504,000

                  	
                    4.50

                  	
                    6

                  	
                    100.0%

                  	
                    23.9

                  	
                    24.2

                  	
                    100.0%

                  	
                    0.0%

                  	
                    100.0%

                  	
                    0.0%

                  	
                    0.0%

                  	
                    0.0%

                  	
                    37.2

                  	
                    751

                  	
                    0.0%

                  	
                    100.0%

                  	
                    0.0%

                  
	
                    Total:

                  	
                    370

                  	
                    340,046,051

                  	
                    100.0%

                  	
                    919,043

                  	
                    4.80

                  	
                    4

                  	
                    100.0%

                  	
                    57.3

                  	
                    59.1

                  	
                    86.5%

                  	
                    6.5%

                  	
                    95.3%

                  	
                    0.0%

                  	
                    19.0%

                  	
                    3.6%

                  	
                    27.5

                  	
                    768

                  	
                    0.0%

                  	
                    100.0%

                  	
                    0.0%

                  


          

        

      


      
        
          1/13/2010

           


        

        
          7 of 15

          
            

          

        

        
           


          Preliminary
Subject to Change

        

      


      Back Debt-to-Income Ratio
(BDTI) Range Breakdown

      


      
        
          
            	
                    BDTI Range

                  	
                    # of

                    Loans

                  	
                    Total Current

                    Balance

                  	
                    % Total

                    Current

                    Balance

                  	
                    Average

                    Current

                    Balance

                  	
                    Gross

                    Rate

                  	
                    WALA

                  	
                    % 1st

                    Lien

                  	
                    Orig

                    LTV

                  	
                    Orig

                    CLTV

                  	
                    %

                    SF/PUD

                  	
                    %

                    Condo

                  	
                    % Owner

                    Occupied

                  	
                    %

                    Investor

                  	
                    %

                    Purchase

                  	
                    %

                    Cash

                    Out

                  	
                    BDTI

                  	
                    FICO

                  	
                    % (FICO

                    < 660)

                  	
                    %

                    Full Doc

                  	
                    %

                    Non-Full

                    Doc

                  
	
                    < 5.00

                  	
                    6

                  	
                    5,022,477

                  	
                    1.5%

                  	
                    837,079

                  	
                    4.68

                  	
                    4

                  	
                    100.0%

                  	
                    42.2

                  	
                    47.4

                  	
                    87.4%

                  	
                    12.6%

                  	
                    100.0%

                  	
                    0.0%

                  	
                    0.0%

                  	
                    13.9%

                  	
                    4.0

                  	
                    778

                  	
                    0.0%

                  	
                    100.0%

                  	
                    0.0%

                  
	
                    5.00-10.00

                  	
                    17

                  	
                    15,720,512

                  	
                    4.6%

                  	
                    924,736

                  	
                    4.80

                  	
                    4

                  	
                    100.0%

                  	
                    54.5

                  	
                    54.5

                  	
                    82.0%

                  	
                    11.1%

                  	
                    90.5%

                  	
                    0.0%

                  	
                    30.3%

                  	
                    0.0%

                  	
                    7.8

                  	
                    772

                  	
                    0.0%

                  	
                    100.0%

                  	
                    0.0%

                  
	
                    10.01-15.00

                  	
                    36

                  	
                    32,113,679

                  	
                    9.4%

                  	
                    892,047

                  	
                    4.74

                  	
                    4

                  	
                    100.0%

                  	
                    53.4

                  	
                    54.2

                  	
                    82.4%

                  	
                    12.1%

                  	
                    82.8%

                  	
                    0.0%

                  	
                    15.4%

                  	
                    4.0%

                  	
                    12.9

                  	
                    765

                  	
                    0.0%

                  	
                    100.0%

                  	
                    0.0%

                  
	
                    15.01-20.00

                  	
                    40

                  	
                    33,088,674

                  	
                    9.7%

                  	
                    827,217

                  	
                    4.77

                  	
                    4

                  	
                    100.0%

                  	
                    55.5

                  	
                    57.5

                  	
                    84.8%

                  	
                    6.9%

                  	
                    95.1%

                  	
                    0.0%

                  	
                    19.5%

                  	
                    6.0%

                  	
                    17.4

                  	
                    771

                  	
                    0.0%

                  	
                    100.0%

                  	
                    0.0%

                  
	
                    20.01-25.00

                  	
                    54

                  	
                    47,779,156

                  	
                    14.1%

                  	
                    884,799

                  	
                    4.75

                  	
                    4

                  	
                    100.0%

                  	
                    54.3

                  	
                    57.7

                  	
                    87.5%

                  	
                    7.7%

                  	
                    100.0%

                  	
                    0.0%

                  	
                    19.8%

                  	
                    5.0%

                  	
                    22.7

                  	
                    770

                  	
                    0.0%

                  	
                    100.0%

                  	
                    0.0%

                  
	
                    25.01-30.00

                  	
                    62

                  	
                    58,635,357

                  	
                    17.2%

                  	
                    945,732

                  	
                    4.88

                  	
                    4

                  	
                    100.0%

                  	
                    58.0

                  	
                    59.4

                  	
                    84.9%

                  	
                    7.2%

                  	
                    94.5%

                  	
                    0.0%

                  	
                    24.9%

                  	
                    1.9%

                  	
                    27.3

                  	
                    765

                  	
                    0.0%

                  	
                    100.0%

                  	
                    0.0%

                  
	
                    30.01-35.00

                  	
                    44

                  	
                    38,950,996

                  	
                    11.5%

                  	
                    885,250

                  	
                    4.85

                  	
                    4

                  	
                    100.0%

                  	
                    62.8

                  	
                    65.6

                  	
                    85.3%

                  	
                    5.7%

                  	
                    96.1%

                  	
                    0.0%

                  	
                    24.0%

                  	
                    0.0%

                  	
                    32.4

                  	
                    767

                  	
                    0.0%

                  	
                    100.0%

                  	
                    0.0%

                  
	
                    35.01-40.00

                  	
                    65

                  	
                    65,897,098

                  	
                    19.4%

                  	
                    1,013,802

                  	
                    4.82

                  	
                    4

                  	
                    100.0%

                  	
                    60.7

                  	
                    61.5

                  	
                    88.0%

                  	
                    4.0%

                  	
                    98.9%

                  	
                    0.0%

                  	
                    14.9%

                  	
                    4.3%

                  	
                    37.5

                  	
                    769

                  	
                    0.0%

                  	
                    100.0%

                  	
                    0.0%

                  
	
                    40.01-45.00

                  	
                    46

                  	
                    42,838,104

                  	
                    12.6%

                  	
                    931,263

                  	
                    4.77

                  	
                    3

                  	
                    100.0%

                  	
                    56.8

                  	
                    58.1

                  	
                    92.3%

                  	
                    2.1%

                  	
                    95.4%

                  	
                    0.0%

                  	
                    12.0%

                  	
                    4.1%

                  	
                    42.1

                  	
                    766

                  	
                    0.0%

                  	
                    100.0%

                  	
                    0.0%

                  
	
                    Total:

                  	
                    370

                  	
                    340,046,051

                  	
                    100.0%

                  	
                    919,043

                  	
                    4.80

                  	
                    4

                  	
                    100.0%

                  	
                    57.3

                  	
                    59.1

                  	
                    86.5%

                  	
                    6.5%

                  	
                    95.3%

                  	
                    0.0%

                  	
                    19.0%

                  	
                    3.6%

                  	
                    27.5

                  	
                    768

                  	
                    0.0%

                  	
                    100.0%

                  	
                    0.0%

                  


          

        

      

      


      



      
        
          1/13/2010

           


        

        
          8 of 15

          
            

          

        

        
           


          Preliminary
Subject to Change

        

      


      Interest Only Term
Breakdown

      


      


      
        
          	
                  IO Term

                	
                  # of

                  Loans

                	
                  Total Current

                  Balance

                	
                  % Total

                  Current

                  Balance

                	
                  Average

                  Current

                  Balance

                	
                  Gross

                  Rate

                	
                  WALA

                	
                  % 1st

                  Lien

                	
                  Orig

                  LTV

                	
                  Orig

                  CLTV

                	
                  %

                  SF/PUD

                	
                  %

                  Condo

                	
                  % Owner

                  Occupied

                	
                  %

                  Investor

                	
                  %

                  Purchase

                	
                  %

                  Cash

                  Out

                	
                  BDTI

                	
                  FICO

                	
                  % (FICO

                  < 660)

                	
                  %

                  Full Doc

                	
                  %

                  Non-Full

                  Doc

                
	
                  0

                	
                  115

                	
                  97,302,015

                	
                  28.6%

                	
                  846,104

                	
                  4.84

                	
                  4

                	
                  100.0%

                	
                  61.4

                	
                  62.8

                	
                  86.0%

                	
                  7.6%

                	
                  96.2%

                	
                  0.0%

                	
                  27.7%

                	
                  0.0%

                	
                  25.4

                	
                  769

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                
	
                  120

                	
                  255

                	
                  242,744,037

                	
                  71.4%

                	
                  951,937

                	
                  4.79

                	
                  4

                	
                  100.0%

                	
                  55.7

                	
                  57.6

                	
                  86.7%

                	
                  6.1%

                	
                  94.9%

                	
                  0.0%

                	
                  15.5%

                	
                  5.0%

                	
                  28.4

                	
                  767

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                
	
                  Total:

                	
                  370

                	
                  340,046,051

                	
                  100.0%

                	
                  919,043

                	
                  4.80

                	
                  4

                	
                  100.0%

                	
                  57.3

                	
                  59.1

                	
                  86.5%

                	
                  6.5%

                	
                  95.3%

                	
                  0.0%

                	
                  19.0%

                	
                  3.6%

                	
                  27.5

                	
                  768

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                


        

      

      


      Original Term
Breakdown

      


      
        
          
            	
                    Original
    Term

                  	
                    # of

                    Loans

                  	
                    Total Current

                    Balance

                  	
                    % Total

                    Current

                    Balance

                  	
                    Average

                    Current

                    Balance

                  	
                    Gross

                    Rate

                  	
                    WALA

                  	
                    % 1st

                    Lien

                  	
                    Orig

                    LTV

                  	
                    Orig

                    CLTV

                  	
                    %

                    SF/PUD

                  	
                    %

                    Condo

                  	
                    % Owner

                    Occupied

                  	
                    %

                    Investor

                  	
                    %

                    Purchase

                  	
                    %

                    Cash

                    Out

                  	
                    BDTI

                  	
                    FICO

                  	
                    % (FICO

                    < 660)

                  	
                    %

                    Full Doc

                  	
                    %

                    Non-Full

                    Doc

                  
	
                    360

                  	
                    370

                  	
                    340,046,051

                  	
                    100.0%

                  	
                    919,043

                  	
                    4.80

                  	
                    4

                  	
                    100.0%

                  	
                    57.3

                  	
                    59.1

                  	
                    86.5%

                  	
                    6.5%

                  	
                    95.3%

                  	
                    0.0%

                  	
                    19.0%

                  	
                    3.6%

                  	
                    27.5

                  	
                    768

                  	
                    0.0%

                  	
                    100.0%

                  	
                    0.0%

                  
	
                    Total:

                  	
                    370

                  	
                    340,046,051

                  	
                    100.0%

                  	
                    919,043

                  	
                    4.80

                  	
                    4

                  	
                    100.0%

                  	
                    57.3

                  	
                    59.1

                  	
                    86.5%

                  	
                    6.5%

                  	
                    95.3%

                  	
                    0.0%

                  	
                    19.0%

                  	
                    3.6%

                  	
                    27.5

                  	
                    768

                  	
                    0.0%

                  	
                    100.0%

                  	
                    0.0%

                  


          

        

      

      


      



      
        
          1/13/2010

           


        

        
          9 of 15

          
            

          

        

        
           


          Preliminary
Subject to Change

        

      


      Top 15
States

      


      
        
          	
                  Property
    State

                	
                  # of

                  Loans

                	
                  Total Current

                  Balance

                	
                  % Total

                  Current

                  Balance

                	
                  Average

                  Current

                  Balance

                	
                  Gross

                  Rate

                	
                  WALA

                	
                  % 1st

                  Lien

                	
                  Orig

                  LTV

                	
                  Orig

                  CLTV

                	
                  %

                  SF/PUD

                	
                  %

                  Condo

                	
                  % Owner

                  Occupied

                	
                  %

                  Investor

                	
                  %

                  Purchase

                	
                  %

                  Cash

                  Out

                	
                  BDTI

                	
                  FICO

                	
                  % (FICO

                  < 660)

                	
                  %

                  Full Doc

                	
                  %

                  Non-Full

                  Doc

                
	
                  CA

                	
                  152

                	
                  149,398,959

                	
                  43.9%

                	
                  982,888

                	
                  4.80

                	
                  4

                	
                  100.0%

                	
                  56.0

                	
                  57.8

                	
                  97.4%

                	
                  2.2%

                	
                  97.2%

                	
                  0.0%

                	
                  10.6%

                	
                  3.7%

                	
                  30.0

                	
                  769

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                
	
                  NY

                	
                  60

                	
                  56,473,524

                	
                  16.6%

                	
                  941,225

                	
                  4.83

                	
                  3

                	
                  100.0%

                	
                  56.5

                	
                  57.7

                	
                  35.9%

                	
                  23.2%

                	
                  85.6%

                	
                  0.0%

                	
                  19.8%

                	
                  4.1%

                	
                  25.2

                	
                  761

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                
	
                  CT

                	
                  19

                	
                  22,211,054

                	
                  6.5%

                	
                  1,169,003

                	
                  4.71

                	
                  4

                	
                  100.0%

                	
                  43.8

                	
                  44.2

                	
                  100.0%

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                	
                  14.9%

                	
                  3.9%

                	
                  23.7

                	
                  769

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                
	
                  IL

                	
                  24

                	
                  19,197,780

                	
                  5.6%

                	
                  799,907

                	
                  4.79

                	
                  4

                	
                  100.0%

                	
                  59.8

                	
                  63.3

                	
                  88.2%

                	
                  11.8%

                	
                  100.0%

                	
                  0.0%

                	
                  23.5%

                	
                  0.0%

                	
                  24.8

                	
                  767

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                
	
                  CO

                	
                  12

                	
                  11,616,612

                	
                  3.4%

                	
                  968,051

                	
                  4.93

                	
                  4

                	
                  100.0%

                	
                  60.8

                	
                  62.0

                	
                  100.0%

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                	
                  21.9%

                	
                  0.0%

                	
                  24.5

                	
                  779

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                
	
                  MA

                	
                  12

                	
                  11,518,957

                	
                  3.4%

                	
                  959,913

                	
                  4.77

                	
                  4

                	
                  100.0%

                	
                  60.5

                	
                  63.4

                	
                  85.6%

                	
                  14.4%

                	
                  100.0%

                	
                  0.0%

                	
                  25.9%

                	
                  0.0%

                	
                  32.4

                	
                  768

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                
	
                  TX

                	
                  14

                	
                  8,872,722

                	
                  2.6%

                	
                  633,766

                	
                  4.68

                	
                  4

                	
                  100.0%

                	
                  68.3

                	
                  68.3

                	
                  100.0%

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                	
                  67.7%

                	
                  0.0%

                	
                  26.9

                	
                  766

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                
	
                  NJ

                	
                  7

                	
                  6,590,440

                	
                  1.9%

                	
                  941,491

                	
                  4.67

                	
                  4

                	
                  100.0%

                	
                  46.5

                	
                  48.5

                	
                  89.5%

                	
                  10.5%

                	
                  100.0%

                	
                  0.0%

                	
                  0.0%

                	
                  12.1%

                	
                  20.6

                	
                  756

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                
	
                  WA

                	
                  8

                	
                  6,500,689

                	
                  1.9%

                	
                  812,586

                	
                  4.96

                	
                  5

                	
                  100.0%

                	
                  69.8

                	
                  75.5

                	
                  100.0%

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                	
                  45.9%

                	
                  0.0%

                	
                  25.8

                	
                  782

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                
	
                  GA

                	
                  7

                	
                  5,308,766

                	
                  1.6%

                	
                  758,395

                	
                  4.77

                	
                  4

                	
                  100.0%

                	
                  66.3

                	
                  66.8

                	
                  100.0%

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                	
                  50.9%

                	
                  0.0%

                	
                  25.0

                	
                  759

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                
	
                  VA

                	
                  6

                	
                  4,846,886

                	
                  1.4%

                	
                  807,814

                	
                  4.59

                	
                  5

                	
                  100.0%

                	
                  76.8

                	
                  76.8

                	
                  100.0%

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                	
                  86.9%

                	
                  0.0%

                	
                  30.6

                	
                  757

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                
	
                  AZ

                	
                  7

                	
                  4,621,158

                	
                  1.4%

                	
                  660,165

                	
                  4.88

                	
                  4

                	
                  100.0%

                	
                  65.0

                	
                  66.6

                	
                  100.0%

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                	
                  42.3%

                	
                  0.0%

                	
                  29.8

                	
                  772

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                
	
                  MO

                	
                  6

                	
                  4,546,255

                	
                  1.3%

                	
                  757,709

                	
                  4.85

                	
                  4

                	
                  100.0%

                	
                  63.2

                	
                  69.5

                	
                  100.0%

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                	
                  14.0%

                	
                  0.0%

                	
                  30.9

                	
                  764

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                
	
                  NC

                	
                  5

                	
                  4,199,972

                	
                  1.2%

                	
                  839,994

                	
                  4.57

                	
                  5

                	
                  100.0%

                	
                  64.2

                	
                  66.5

                	
                  100.0%

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                	
                  48.9%

                	
                  0.0%

                	
                  12.2

                	
                  770

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                
	
                  FL

                	
                  4

                	
                  4,144,296

                	
                  1.2%

                	
                  1,036,074

                	
                  5.04

                	
                  3

                	
                  100.0%

                	
                  63.6

                	
                  63.6

                	
                  87.9%

                	
                  12.1%

                	
                  53.8%

                	
                  0.0%

                	
                  41.8%

                	
                  0.0%

                	
                  21.6

                	
                  755

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                


        

      

      


      Top 10
Cities

      


      
        
          	
                  Property City

                	
                  # of

                  Loans

                	
                  Total Current

                  Balance

                	
                  % Total

                  Current

                  Balance

                	
                  Average

                  Current

                  Balance

                	
                  Gross

                  Rate

                	
                  WALA

                	
                  % 1st

                  Lien

                	
                  Orig

                  LTV

                	
                  Orig

                  CLTV

                	
                  %

                  SF/PUD

                	
                  %

                  Condo

                	
                  % Owner

                  Occupied

                	
                  %

                  Investor

                	
                  %

                  Purchase

                	
                  %

                  Cash

                  Out

                	
                  BDTI

                	
                  FICO

                	
                  % (FICO

                  < 660)

                	
                  %

                  Full Doc

                	
                  %

                  Non-Full

                  Doc

                
	
                  NEW YORK,
NY

                	
                  38

                	
                  34,022,912

                	
                  10.0%

                	
                  895,340

                	
                  4.90

                	
                  3

                	
                  100.0%

                	
                  60.4

                	
                  61.5

                	
                  0.0%

                	
                  38.6%

                	
                  97.2%

                	
                  0.0%

                	
                  22.5%

                	
                  3.2%

                	
                  26.2

                	
                  768

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                
	
                  SARATOGA,
CA

                	
                  11

                	
                  11,028,980

                	
                  3.2%

                	
                  1,002,635

                	
                  4.89

                	
                  4

                	
                  100.0%

                	
                  50.0

                	
                  50.4

                	
                  100.0%

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                	
                  8.9%

                	
                  0.0%

                	
                  30.1

                	
                  770

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                
	
                  LOS ALTOS,
    CA

                	
                  8

                	
                  8,561,602

                	
                  2.5%

                	
                  1,070,200

                	
                  4.92

                	
                  4

                	
                  100.0%

                	
                  53.2

                	
                  60.2

                	
                  100.0%

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                	
                  13.1%

                	
                  11.7%

                	
                  27.2

                	
                  769

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                
	
                  GREENWICH,
    CT

                	
                  6

                	
                  6,940,716

                	
                  2.0%

                	
                  1,156,786

                	
                  4.77

                	
                  5

                	
                  100.0%

                	
                  34.7

                	
                  35.5

                	
                  100.0%

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                	
                  20.2%

                	
                  12.6%

                	
                  25.3

                	
                  774

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                
	
                  PALO ALTO,
    CA

                	
                  7

                	
                  6,649,188

                	
                  2.0%

                	
                  949,884

                	
                  4.79

                	
                  4

                	
                  100.0%

                	
                  60.2

                	
                  60.2

                	
                  100.0%

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                	
                  0.0%

                	
                  21.1%

                	
                  31.6

                	
                  781

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                
	
                  LOS ANGELES,
    CA

                	
                  7

                	
                  6,510,364

                	
                  1.9%

                	
                  930,052

                	
                  4.66

                	
                  4

                	
                  100.0%

                	
                  63.1

                	
                  63.1

                	
                  72.4%

                	
                  27.6%

                	
                  100.0%

                	
                  0.0%

                	
                  0.0%

                	
                  0.0%

                	
                  24.6

                	
                  774

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                
	
                  NEWPORT BEACH,
      CA

                	
                  4

                	
                  6,196,500

                	
                  1.8%

                	
                  1,549,125

                	
                  4.92

                	
                  4

                	
                  100.0%

                	
                  45.7

                	
                  46.6

                	
                  100.0%

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                	
                  24.2%

                	
                  0.0%

                	
                  28.5

                	
                  759

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                
	
                  PACIFIC PALISADES,
      CA

                	
                  4

                	
                  5,421,947

                	
                  1.6%

                	
                  1,355,487

                	
                  5.03

                	
                  4

                	
                  100.0%

                	
                  31.7

                	
                  34.4

                	
                  100.0%

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                	
                  0.0%

                	
                  0.0%

                	
                  33.7

                	
                  755

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                
	
                  DARIEN, CT

                	
                  2

                	
                  4,400,000

                	
                  1.3%

                	
                  2,200,000

                	
                  4.73

                	
                  5

                	
                  100.0%

                	
                  46.5

                	
                  46.5

                	
                  100.0%

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                	
                  0.0%

                	
                  0.0%

                	
                  27.2

                	
                  772

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                
	
                  FREMONT, CA

                	
                  4

                	
                  4,343,121

                	
                  1.3%

                	
                  1,085,780

                	
                  4.85

                	
                  3

                	
                  100.0%

                	
                  65.7

                	
                  65.7

                	
                  100.0%

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                	
                  0.0%

                	
                  0.0%

                	
                  35.8

                	
                  773

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                


        

      

      



      
        
          1/13/2010

           


        

        
          10 of 15

          
            

          

        

        
           


          Preliminary
Subject to Change

        

      


      Gross Rate
Breakdown

      


      


      
        
          	
                  Gross Rate

                	
                  # of

                  Loans

                	
                  Total Current

                  Balance

                	
                  % Total

                  Current

                  Balance

                	
                  Average

                  Current

                  Balance

                	
                  Gross

                  Rate

                	
                  WALA

                	
                  % 1st

                  Lien

                	
                  Orig

                  LTV

                	
                  Orig

                  CLTV

                	
                  %

                  SF/PUD

                	
                  %

                  Condo

                	
                  % Owner

                  Occupied

                	
                  %

                  Investor

                	
                  %

                  Purchase

                	
                  %

                  Cash

                  Out

                	
                  BDTI

                	
                  FICO

                	
                  % (FICO

                  < 660)

                	
                  %

                  Full Doc

                	
                  %

                  Non-Full

                  Doc

                
	
                  3.751-4.000

                	
                  1

                	
                  937,378

                	
                  0.3%

                	
                  937,378

                	
                  4.00

                	
                  5

                	
                  100.0%

                	
                  76.5

                	
                  76.5

                	
                  100.0%

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                	
                  12.8

                	
                  796

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                
	
                  4.001-4.250

                	
                  5

                	
                  4,587,343

                	
                  1.3%

                	
                  917,469

                	
                  4.20

                	
                  6

                	
                  100.0%

                	
                  61.3

                	
                  61.3

                	
                  100.0%

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                	
                  74.5%

                	
                  0.0%

                	
                  20.7

                	
                  787

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                
	
                  4.251-4.500

                	
                  46

                	
                  45,329,416

                	
                  13.3%

                	
                  985,422

                	
                  4.48

                	
                  4

                	
                  100.0%

                	
                  54.4

                	
                  56.5

                	
                  91.9%

                	
                  8.1%

                	
                  97.4%

                	
                  0.0%

                	
                  28.6%

                	
                  0.0%

                	
                  28.0

                	
                  766

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                
	
                  4.501-4.750

                	
                  164

                	
                  145,649,184

                	
                  42.8%

                	
                  888,105

                	
                  4.69

                	
                  4

                	
                  100.0%

                	
                  53.8

                	
                  55.4

                	
                  87.4%

                	
                  6.2%

                	
                  93.2%

                	
                  0.0%

                	
                  8.8%

                	
                  5.7%

                	
                  26.5

                	
                  768

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                
	
                  4.751-5.000

                	
                  107

                	
                  100,193,177

                	
                  29.5%

                	
                  936,385

                	
                  4.92

                	
                  4

                	
                  100.0%

                	
                  60.3

                	
                  62.4

                	
                  83.7%

                	
                  6.3%

                	
                  95.1%

                	
                  0.0%

                	
                  12.8%

                	
                  3.8%

                	
                  29.6

                	
                  767

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                
	
                  5.001-5.250

                	
                  30

                	
                  28,090,606

                	
                  8.3%

                	
                  936,354

                	
                  5.18

                	
                  3

                	
                  100.0%

                	
                  64.8

                	
                  66.3

                	
                  89.2%

                	
                  7.8%

                	
                  100.0%

                	
                  0.0%

                	
                  55.0%

                	
                  0.0%

                	
                  25.9

                	
                  771

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                
	
                  5.251-5.500

                	
                  9

                	
                  8,291,712

                	
                  2.4%

                	
                  921,301

                	
                  5.43

                	
                  2

                	
                  100.0%

                	
                  59.4

                	
                  60.4

                	
                  68.3%

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                	
                  16.9%

                	
                  0.0%

                	
                  29.1

                	
                  760

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                
	
                  5.501-5.750

                	
                  5

                	
                  4,685,040

                	
                  1.4%

                	
                  937,008

                	
                  5.64

                	
                  1

                	
                  100.0%

                	
                  71.0

                	
                  71.0

                	
                  80.8%

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                	
                  62.0%

                	
                  0.0%

                	
                  26.3

                	
                  771

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                
	
                  5.751-6.000

                	
                  3

                	
                  2,282,194

                	
                  0.7%

                	
                  760,731

                	
                  5.93

                	
                  2

                	
                  100.0%

                	
                  64.6

                	
                  64.6

                	
                  56.3%

                	
                  43.7%

                	
                  100.0%

                	
                  0.0%

                	
                  78.9%

                	
                  0.0%

                	
                  28.7

                	
                  778

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                
	
                  Total:

                	
                  370

                	
                  340,046,051

                	
                  100.0%

                	
                  919,043

                	
                  4.80

                	
                  4

                	
                  100.0%

                	
                  57.3

                	
                  59.1

                	
                  86.5%

                	
                  6.5%

                	
                  95.3%

                	
                  0.0%

                	
                  19.0%

                	
                  3.6%

                	
                  27.5

                	
                  768

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                


        

      

      



      
        
          1/13/2010

           


        

        
          11 of 15

          
            

          

        

        
           


          Preliminary
Subject to Change

        

      


      Gross Margin
Breakdown

      


      
        
          	
                  Gross
Margin

                	
                  # of

                  Loans

                	
                  Total Current

                  Balance

                	
                  % Total

                  Current

                  Balance

                	
                  Average

                  Current

                  Balance

                	
                  Gross

                  Rate

                	
                  WALA

                	
                  % 1st

                  Lien

                	
                  Orig

                  LTV

                	
                  Orig

                  CLTV

                	
                  %

                  SF/PUD

                	
                  %

                  Condo

                	
                  % Owner

                  Occupied

                	
                  %

                  Investor

                	
                  %

                  Purchase

                	
                  %

                  Cash

                  Out

                	
                  BDTI

                	
                  FICO

                	
                  % (FICO

                  < 660)

                	
                  %

                  Full Doc

                	
                  %

                  Non-Full

                  Doc

                
	
                  2.001-2.250

                	
                  370

                	
                  340,046,051

                	
                  100.0%

                	
                  919,043

                	
                  4.80

                	
                  4

                	
                  100.0%

                	
                  57.3

                	
                  59.1

                	
                  86.5%

                	
                  6.5%

                	
                  95.3%

                	
                  0.0%

                	
                  19.0%

                	
                  3.6%

                	
                  27.5

                	
                  768

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                
	
                  Total:

                	
                  370

                	
                  340,046,051

                	
                  100.0%

                	
                  919,043

                	
                  4.80

                	
                  4

                	
                  100.0%

                	
                  57.3

                	
                  59.1

                	
                  86.5%

                	
                  6.5%

                	
                  95.3%

                	
                  0.0%

                	
                  19.0%

                	
                  3.6%

                	
                  27.5

                	
                  768

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                


        

      

      


      Index
Breakdown

      


      
        
          
            	
                    Index Type

                  	
                    # of

                    Loans

                  	
                    Total Current

                    Balance

                  	
                    % Total

                    Current

                    Balance

                  	
                    Average

                    Current

                    Balance

                  	
                    Gross

                    Rate

                  	
                    WALA

                  	
                    % 1st

                    Lien

                  	
                    Orig

                    LTV

                  	
                    Orig

                    CLTV

                  	
                    %

                    SF/PUD

                  	
                    %

                    Condo

                  	
                    % Owner

                    Occupied

                  	
                    %

                    Investor

                  	
                    %

                    Purchase

                  	
                    %

                    Cash

                    Out

                  	
                    BDTI

                  	
                    FICO

                  	
                    % (FICO

                    < 660)

                  	
                    %

                    Full Doc

                  	
                    %

                    Non-Full

                    Doc

                  
	
                    LIBOR 12 M

                  	
                    370

                  	
                    340,046,051

                  	
                    100.0%

                  	
                    919,043

                  	
                    4.80

                  	
                    4

                  	
                    100.0%

                  	
                    57.3

                  	
                    59.1

                  	
                    86.5%

                  	
                    6.5%

                  	
                    95.3%

                  	
                    0.0%

                  	
                    19.0%

                  	
                    3.6%

                  	
                    27.5

                  	
                    768

                  	
                    0.0%

                  	
                    100.0%

                  	
                    0.0%

                  
	
                    Total:

                  	
                    370

                  	
                    340,046,051

                  	
                    100.0%

                  	
                    919,043

                  	
                    4.80

                  	
                    4

                  	
                    100.0%

                  	
                    57.3

                  	
                    59.1

                  	
                    86.5%

                  	
                    6.5%

                  	
                    95.3%

                  	
                    0.0%

                  	
                    19.0%

                  	
                    3.6%

                  	
                    27.5

                  	
                    768

                  	
                    0.0%

                  	
                    100.0%

                  	
                    0.0%

                  


          

        

      

      


      Negam Flag
Breakdown

      


      
        
          
            	
                    Negam

                  	
                    # of

                    Loans

                  	
                    Total Current

                    Balance

                  	
                    % Total

                    Current

                    Balance

                  	
                    Average

                    Current

                    Balance

                  	
                    Gross

                    Rate

                  	
                    WALA

                  	
                    % 1st

                    Lien

                  	
                    Orig

                    LTV

                  	
                    Orig

                    CLTV

                  	
                    %

                    SF/PUD

                  	
                    %

                    Condo

                  	
                    % Owner

                    Occupied

                  	
                    %

                    Investor

                  	
                    %

                    Purchase

                  	
                    %

                    Cash

                    Out

                  	
                    BDTI

                  	
                    FICO

                  	
                    % (FICO

                    < 660)

                  	
                    %

                    Full Doc

                  	
                    %

                    Non-Full

                    Doc

                  
	
                    None

                  	
                    370

                  	
                    340,046,051

                  	
                    100.0%

                  	
                    919,043

                  	
                    4.80

                  	
                    4

                  	
                    100.0%

                  	
                    57.3

                  	
                    59.1

                  	
                    86.5%

                  	
                    6.5%

                  	
                    95.3%

                  	
                    0.0%

                  	
                    19.0%

                  	
                    3.6%

                  	
                    27.5

                  	
                    768

                  	
                    0.0%

                  	
                    100.0%

                  	
                    0.0%

                  
	
                    Total:

                  	
                    370

                  	
                    340,046,051

                  	
                    100.0%

                  	
                    919,043

                  	
                    4.80

                  	
                    4

                  	
                    100.0%

                  	
                    57.3

                  	
                    59.1

                  	
                    86.5%

                  	
                    6.5%

                  	
                    95.3%

                  	
                    0.0%

                  	
                    19.0%

                  	
                    3.6%

                  	
                    27.5

                  	
                    768

                  	
                    0.0%

                  	
                    100.0%

                  	
                    0.0%

                  


          

        

      

      


      Negam Limit
Breakdown

      


      
        
          	
                  Negam Limit

                	
                  # of

                  Loans

                	
                  Total Current

                  Balance

                	
                  % Total

                  Current

                  Balance

                	
                  Average

                  Current

                  Balance

                	
                  Gross

                  Rate

                	
                  WALA

                	
                  % 1st

                  Lien

                	
                  Orig

                  LTV

                	
                  Orig

                  CLTV

                	
                  %

                  SF/PUD

                	
                  %

                  Condo

                	
                  % Owner

                  Occupied

                	
                  %

                  Investor

                	
                  %

                  Purchase

                	
                  %

                  Cash

                  Out

                	
                  BDTI

                	
                  FICO

                	
                  % (FICO

                  < 660)

                	
                  %

                  Full Doc

                	
                  %

                  Non-Full

                  Doc

                
	
                  0

                	
                  370

                	
                  340,046,051

                	
                  100.0%

                	
                  919,043

                	
                  4.80

                	
                  4

                	
                  100.0%

                	
                  57.3

                	
                  59.1

                	
                  86.5%

                	
                  6.5%

                	
                  95.3%

                	
                  0.0%

                	
                  19.0%

                	
                  3.6%

                	
                  27.5

                	
                  768

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                
	
                  Total:

                	
                  370

                	
                  340,046,051

                	
                  100.0%

                	
                  919,043

                	
                  4.80

                	
                  4

                	
                  100.0%

                	
                  57.3

                	
                  59.1

                	
                  86.5%

                	
                  6.5%

                	
                  95.3%

                	
                  0.0%

                	
                  19.0%

                	
                  3.6%

                	
                  27.5

                	
                  768

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                


        

      

      



      
        
          1/13/2010

           


        

        
          12 of 15

          
            

          

        

        
           


          Preliminary
Subject to Change

        

      


      


      Life Cap
Breakdown

      


      
        
          	
                  Life Cap
    Range

                	
                  # of

                  Loans

                	
                  Total Current

                  Balance

                	
                  % Total

                  Current

                  Balance

                	
                  Average

                  Current

                  Balance

                	
                  Gross

                  Rate

                	
                  WALA

                	
                  % 1st

                  Lien

                	
                  Orig

                  LTV

                	
                  Orig

                  CLTV

                	
                  %

                  SF/PUD

                	
                  %

                  Condo

                	
                  % Owner

                  Occupied

                	
                  %

                  Investor

                	
                  %

                  Purchase

                	
                  %

                  Cash

                  Out

                	
                  BDTI

                	
                  FICO

                	
                  % (FICO

                  < 660)

                	
                  %

                  Full Doc

                	
                  %

                  Non-Full

                  Doc

                
	
                  8.751-9.000

                	
                  1

                	
                  937,378

                	
                  0.3%

                	
                  937,378

                	
                  4.00

                	
                  5

                	
                  100.0%

                	
                  76.5

                	
                  76.5

                	
                  100.0%

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                	
                  12.8

                	
                  796

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                
	
                  9.001-9.250

                	
                  5

                	
                  4,587,343

                	
                  1.3%

                	
                  917,469

                	
                  4.20

                	
                  6

                	
                  100.0%

                	
                  61.3

                	
                  61.3

                	
                  100.0%

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                	
                  74.5%

                	
                  0.0%

                	
                  20.7

                	
                  787

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                
	
                  9.251-9.500

                	
                  46

                	
                  45,329,416

                	
                  13.3%

                	
                  985,422

                	
                  4.48

                	
                  4

                	
                  100.0%

                	
                  54.4

                	
                  56.5

                	
                  91.9%

                	
                  8.1%

                	
                  97.4%

                	
                  0.0%

                	
                  28.6%

                	
                  0.0%

                	
                  28.0

                	
                  766

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                
	
                  9.501-9.750

                	
                  164

                	
                  145,649,184

                	
                  42.8%

                	
                  888,105

                	
                  4.69

                	
                  4

                	
                  100.0%

                	
                  53.8

                	
                  55.4

                	
                  87.4%

                	
                  6.2%

                	
                  93.2%

                	
                  0.0%

                	
                  8.8%

                	
                  5.7%

                	
                  26.5

                	
                  768

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                
	
                  9.751-10.000

                	
                  107

                	
                  100,193,177

                	
                  29.5%

                	
                  936,385

                	
                  4.92

                	
                  4

                	
                  100.0%

                	
                  60.3

                	
                  62.4

                	
                  83.7%

                	
                  6.3%

                	
                  95.1%

                	
                  0.0%

                	
                  12.8%

                	
                  3.8%

                	
                  29.6

                	
                  767

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                
	
                  10.001-10.250

                	
                  30

                	
                  28,090,606

                	
                  8.3%

                	
                  936,354

                	
                  5.18

                	
                  3

                	
                  100.0%

                	
                  64.8

                	
                  66.3

                	
                  89.2%

                	
                  7.8%

                	
                  100.0%

                	
                  0.0%

                	
                  55.0%

                	
                  0.0%

                	
                  25.9

                	
                  771

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                
	
                  10.251-10.500

                	
                  9

                	
                  8,291,712

                	
                  2.4%

                	
                  921,301

                	
                  5.43

                	
                  2

                	
                  100.0%

                	
                  59.4

                	
                  60.4

                	
                  68.3%

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                	
                  16.9%

                	
                  0.0%

                	
                  29.1

                	
                  760

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                
	
                  10.501-10.750

                	
                  5

                	
                  4,685,040

                	
                  1.4%

                	
                  937,008

                	
                  5.64

                	
                  1

                	
                  100.0%

                	
                  71.0

                	
                  71.0

                	
                  80.8%

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                	
                  62.0%

                	
                  0.0%

                	
                  26.3

                	
                  771

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                
	
                  10.751-11.000

                	
                  3

                	
                  2,282,194

                	
                  0.7%

                	
                  760,731

                	
                  5.93

                	
                  2

                	
                  100.0%

                	
                  64.6

                	
                  64.6

                	
                  56.3%

                	
                  43.7%

                	
                  100.0%

                	
                  0.0%

                	
                  78.9%

                	
                  0.0%

                	
                  28.7

                	
                  778

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                
	
                  Total:

                	
                  370

                	
                  340,046,051

                	
                  100.0%

                	
                  919,043

                	
                  4.80

                	
                  4

                	
                  100.0%

                	
                  57.3

                	
                  59.1

                	
                  86.5%

                	
                  6.5%

                	
                  95.3%

                	
                  0.0%

                	
                  19.0%

                	
                  3.6%

                	
                  27.5

                	
                  768

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                


        

      

      


      1st Initial Cap
Breakdown

      


      
        
          	
                  1st Initial Cap
      Range

                	
                  # of

                  Loans

                	
                  Total Current

                  Balance

                	
                  % Total

                  Current

                  Balance

                	
                  Average

                  Current

                  Balance

                	
                  Gross

                  Rate

                	
                  WALA

                	
                  % 1st

                  Lien

                	
                  Orig

                  LTV

                	
                  Orig

                  CLTV

                	
                  %

                  SF/PUD

                	
                  %

                  Condo

                	
                  % Owner

                  Occupied

                	
                  %

                  Investor

                	
                  %

                  Purchase

                	
                  %

                  Cash

                  Out

                	
                  BDTI

                	
                  FICO

                	
                  % (FICO

                  < 660)

                	
                  %

                  Full Doc

                	
                  %

                  Non-Full

                  Doc

                
	
                  4.751-5.000

                	
                  370

                	
                  340,046,051

                	
                  100.0%

                	
                  919,043

                	
                  4.80

                	
                  4

                	
                  100.0%

                	
                  57.3

                	
                  59.1

                	
                  86.5%

                	
                  6.5%

                	
                  95.3%

                	
                  0.0%

                	
                  19.0%

                	
                  3.6%

                	
                  27.5

                	
                  768

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                
	
                  Total:

                	
                  370

                	
                  340,046,051

                	
                  100.0%

                	
                  919,043

                	
                  4.80

                	
                  4

                	
                  100.0%

                	
                  57.3

                	
                  59.1

                	
                  86.5%

                	
                  6.5%

                	
                  95.3%

                	
                  0.0%

                	
                  19.0%

                	
                  3.6%

                	
                  27.5

                	
                  768

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                


        

      

      


      Periodic Cap
Breakdown

      


      
        
          	
                  Periodic
Cap

                	
                  # of

                  Loans

                	
                  Total Current

                  Balance

                	
                  % Total

                  Current

                  Balance

                	
                  Average

                  Current

                  Balance

                	
                  Gross

                  Rate

                	
                  WALA

                	
                  % 1st

                  Lien

                	
                  Orig

                  LTV

                	
                  Orig

                  CLTV

                	
                  %

                  SF/PUD

                	
                  %

                  Condo

                	
                  % Owner

                  Occupied

                	
                  %

                  Investor

                	
                  %

                  Purchase

                	
                  %

                  Cash

                  Out

                	
                  BDTI

                	
                  FICO

                	
                  % (FICO

                  < 660)

                	
                  %

                  Full Doc

                	
                  %

                  Non-Full

                  Doc

                
	
                  2.000

                	
                  367

                	
                  337,914,305

                	
                  99.4%

                	
                  920,747

                	
                  4.80

                	
                  4

                	
                  100.0%

                	
                  57.3

                	
                  59.0

                	
                  86.9%

                	
                  6.1%

                	
                  95.2%

                	
                  0.0%

                	
                  18.9%

                	
                  3.6%

                	
                  27.5

                	
                  768

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                
	
                  5.000

                	
                  3

                	
                  2,131,747

                	
                  0.6%

                	
                  710,582

                	
                  4.95

                	
                  5

                	
                  100.0%

                	
                  65.7

                	
                  65.7

                	
                  27.5%

                	
                  72.5%

                	
                  100.0%

                	
                  0.0%

                	
                  40.1%

                	
                  0.0%

                	
                  30.9

                	
                  783

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                
	
                  Total:

                	
                  370

                	
                  340,046,051

                	
                  100.0%

                	
                  919,043

                	
                  4.80

                	
                  4

                	
                  100.0%

                	
                  57.3

                	
                  59.1

                	
                  86.5%

                	
                  6.5%

                	
                  95.3%

                	
                  0.0%

                	
                  19.0%

                	
                  3.6%

                	
                  27.5

                	
                  768

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                


        

      

      



      
        
          1/13/2010

           


        

        
          13 of 15

          
            

          

        

        
           


          Preliminary
Subject to Change

        

      


      Lien Status
Breakdown

      


      
        
          	
                  Lien Status

                	
                  # of

                  Loans

                	
                  Total Current

                  Balance

                	
                  % Total

                  Current

                  Balance

                	
                  Average

                  Current

                  Balance

                	
                  Gross

                  Rate

                	
                  WALA

                	
                  % 1st

                  Lien

                	
                  Orig

                  LTV

                	
                  Orig

                  CLTV

                	
                  %

                  SF/PUD

                	
                  %

                  Condo

                	
                  % Owner

                  Occupied

                	
                  %

                  Investor

                	
                  %

                  Purchase

                	
                  %

                  Cash

                  Out

                	
                  BDTI

                	
                  FICO

                	
                  % (FICO

                  < 660)

                	
                  %

                  Full Doc

                	
                  %

                  Non-Full

                  Doc

                
	
                  1

                	
                  370

                	
                  340,046,051

                	
                  100.0%

                	
                  919,043

                	
                  4.80

                	
                  4

                	
                  100.0%

                	
                  57.3

                	
                  59.1

                	
                  86.5%

                	
                  6.5%

                	
                  95.3%

                	
                  0.0%

                	
                  19.0%

                	
                  3.6%

                	
                  27.5

                	
                  768

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                
	
                  Total:

                	
                  370

                	
                  340,046,051

                	
                  100.0%

                	
                  919,043

                	
                  4.80

                	
                  4

                	
                  100.0%

                	
                  57.3

                	
                  59.1

                	
                  86.5%

                	
                  6.5%

                	
                  95.3%

                	
                  0.0%

                	
                  19.0%

                	
                  3.6%

                	
                  27.5

                	
                  768

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                


        

      

      


      Prepayment Penalty
Breakdown

      


      
        
          	
                  Preypay
    Penalty

                	
                  # of

                  Loans

                	
                  Total Current

                  Balance

                	
                  % Total

                  Current

                  Balance

                	
                  Average

                  Current

                  Balance

                	
                  Gross

                  Rate

                	
                  WALA

                	
                  % 1st

                  Lien

                	
                  Orig

                  LTV

                	
                  Orig

                  CLTV

                	
                  %

                  SF/PUD

                	
                  %

                  Condo

                	
                  % Owner

                  Occupied

                	
                  %

                  Investor

                	
                  %

                  Purchase

                	
                  %

                  Cash

                  Out

                	
                  BDTI

                	
                  FICO

                	
                  % (FICO

                  < 660)

                	
                  %

                  Full Doc

                	
                  %

                  Non-Full

                  Doc

                
	
                  N

                	
                  370

                	
                  340,046,051

                	
                  100.0%

                	
                  919,043

                	
                  4.80

                	
                  4

                	
                  100.0%

                	
                  57.3

                	
                  59.1

                	
                  86.5%

                	
                  6.5%

                	
                  95.3%

                	
                  0.0%

                	
                  19.0%

                	
                  3.6%

                	
                  27.5

                	
                  768

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                
	
                  Total:

                	
                  370

                	
                  340,046,051

                	
                  100.0%

                	
                  919,043

                	
                  4.80

                	
                  4

                	
                  100.0%

                	
                  57.3

                	
                  59.1

                	
                  86.5%

                	
                  6.5%

                	
                  95.3%

                	
                  0.0%

                	
                  19.0%

                	
                  3.6%

                	
                  27.5

                	
                  768

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                


        

      

      


      Prepayment Term
Breakdown

      


      
        
          	
                  Prepayment
    Term

                	
                  # of

                  Loans

                	
                  Total Current

                  Balance

                	
                  % Total

                  Current

                  Balance

                	
                  Average

                  Current

                  Balance

                	
                  Gross

                  Rate

                	
                  WALA

                	
                  % 1st

                  Lien

                	
                  Orig

                  LTV

                	
                  Orig

                  CLTV

                	
                  %

                  SF/PUD

                	
                  %

                  Condo

                	
                  % Owner

                  Occupied

                	
                  %

                  Investor

                	
                  %

                  Purchase

                	
                  %

                  Cash

                  Out

                	
                  BDTI

                	
                  FICO

                	
                  % (FICO

                  < 660)

                	
                  %

                  Full Doc

                	
                  %

                  Non-Full

                  Doc

                
	
                  0

                	
                  370

                	
                  340,046,051

                	
                  100.0%

                	
                  919,043

                	
                  4.80

                	
                  4

                	
                  100.0%

                	
                  57.3

                	
                  59.1

                	
                  86.5%

                	
                  6.5%

                	
                  95.3%

                	
                  0.0%

                	
                  19.0%

                	
                  3.6%

                	
                  27.5

                	
                  768

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                
	
                  Total:

                	
                  370

                	
                  340,046,051

                	
                  100.0%

                	
                  919,043

                	
                  4.80

                	
                  4

                	
                  100.0%

                	
                  57.3

                	
                  59.1

                	
                  86.5%

                	
                  6.5%

                	
                  95.3%

                	
                  0.0%

                	
                  19.0%

                	
                  3.6%

                	
                  27.5

                	
                  768

                	
                  0.0%

                	
                  100.0%

                	
                  0.0%

                


        

      

      



      
        
          1/13/2010

           


        

        
          14 of 15

          
            

          

        

        
           


          Preliminary
Subject to Change

        

      


      Large Loan Breakdown (>=
$2,000,000)

      


      
        
          
            	
                    Loan Amount

                  	
                    # of

                    Loans

                  	
                    City

                  	
                    State

                  	
                    % of Pool

                    Balance

                  	
                    Gross

                    Rate

                  	
                    WALA

                  	
                    Orig

                    LTV

                  	
                    Orig

                    CLTV

                  	
                    Property
    Type

                  	
                    Occupancy

                  	
                    Purpose

                  	
                    BDTI

                  	
                    FICO

                  	
                    Documentation

                  
	
                    $2,027,600

                  	
                    1

                  	
                    PACIFIC
      PALISADES

                  	
                    CA

                  	
                    0.6%

                  	
                    4.88

                  	
                    3

                  	
                    36.9

                  	
                    44.1

                  	
                    PUD

                  	
                    Primary

                  	
                    Rate Term
    Refi

                  	
                    37.0

                  	
                    769

                  	
                    Full

                  
	
                    $2,200,000

                  	
                    1

                  	
                    NEWPORT
    BEACH

                  	
                    CA

                  	
                    0.6%

                  	
                    4.88

                  	
                    3

                  	
                    42.3

                  	
                    42.3

                  	
                    PUD

                  	
                    Primary

                  	
                    Rate Term
    Refi

                  	
                    41.0

                  	
                    737

                  	
                    Full

                  
	
                    $2,500,000

                  	
                    1

                  	
                    DARIEN

                  	
                    CT

                  	
                    0.7%

                  	
                    4.62

                  	
                    5

                  	
                    43.9

                  	
                    43.9

                  	
                    PUD

                  	
                    Primary

                  	
                    Rate Term
    Refi

                  	
                    26.4

                  	
                    766

                  	
                    Full

                  
	
                    $2,504,000

                  	
                    1

                  	
                    GREENWICH

                  	
                    CT

                  	
                    0.7%

                  	
                    4.50

                  	
                    6

                  	
                    23.9

                  	
                    24.2

                  	
                    Single
    Family

                  	
                    Primary

                  	
                    Rate Term
    Refi

                  	
                    37.2

                  	
                    751

                  	
                    Full

                  
	
                    Total:

                  	
                    4

                  	 
      	 
      	
                    2.7%

                  	
                    4.71

                  	
                    4

                  	
                    36.5

                  	
                    38.2

                  	 
      	 
      	 
      	
                    35.1

                  	
                    756

                  	 
      


          

        

      

      


      



      
        
          1/13/2010

           


        

        
          15 of 15

          
            

          

        

        
           


          Preliminary
Subject to Change