| Payable                Date         |   |                       |                                | April                  25, 2005                                     |
|-------------------------------------|--------|----------------------------|-------------------------------------|---------------------------------------------------------------------|
|                                |   |                       |                                |                                                                |   |   |   |   |   |   |   |   |   |   |   |
| Client                35283         |   |                       |                                |  Popular                ABS Mortgage Pass-Through Trust 2005-2 |
|                                |   |                       |                                |                                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Pool                  Number Series |   | Cusip                  No. |                                | Beginning                  Prin Bal                                 |   | Principal                  Paid |   | Interest                  Paid |   | Total                  Distrib |   | Interest                  Adjustment |   | Net                  Interest Distribution |   | Other |   | Ending                  Prin Bal |
|                                |   |                       |                                |                                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| af1                                 |   |                       | 73316PCA6                           |                                                                | 124,300,000.00 |   | 3,146,997.29 |   | 263,930.33 |   | 3,410,927.62 |   |   |   | 263,930.33 |   | 0.00 |   | 121,153,002.71 |
| af2                                 |   |                       | 73316PCB4                           |                                                                | 23,000,000.00 |   | 0.00 |   | 84,620.83 |   | 84,620.83 |   |   |   | 84,620.83 |   | 0.00 |   | 23,000,000.00 |
| af3                                 |   |                       | 73316PCC2                           |                                                                | 41,000,000.00 |   | 0.00 |   | 157,850.00 |   | 157,850.00 |   |   |   | 157,850.00 |   | 0.00 |   | 41,000,000.00 |
| af4                                 |   |                       | 73316PCD0                           |                                                                | 30,600,000.00 |   | 0.00 |   | 130,687.50 |   | 130,687.50 |   |   |   | 130,687.50 |   | 0.00 |   | 30,600,000.00 |
| af5                                 |   |                       | 73316PCE8                           |                                                                | 11,483,000.00 |   | 0.00 |   | 51,989.28 |   | 51,989.28 |   |   |   | 51,989.28 |   | 0.00 |   | 11,483,000.00 |
| af6                                 |   |                       | 73316PCF5                           |                                                                | 13,000,000.00 |   | 0.00 |   | 54,166.67 |   | 54,166.67 |   |   |   | 54,166.67 |   | 0.00 |   | 13,000,000.00 |
| av1a                                |   |                       | 73316PCG3                           |                                                                | 110,143,000.00 |   | 1,533,460.51 |   | 241,029.60 |   | 1,774,490.11 |   |   |   | 241,029.60 |   | 0.00 |   | 108,609,539.49 |
| av1b                                |   |                       | 73316PCH1                           |                                                                | 27,536,000.00 |   | 383,368.61 |   | 61,848.92 |   | 445,217.53 |   |   |   | 61,848.92 |   | 0.00 |   | 27,152,631.39 |
| av2                                 |   |                       | 73316PCJ7                           |                                                                | 42,364,000.00 |   | 117,928.74 |   | 93,012.52 |   | 210,941.26 |   |   |   | 93,012.52 |   | 0.00 |   | 42,246,071.26 |
| b1                                  |   |                       | 73316PCR9                           |                                                                | 6,363,000.00 |   | 0.00 |   | 26,883.67 |   | 26,883.67 |   |   |   | 26,883.67 |   | 0.00 |   | 6,363,000.00 |
| b2                                  |   |                       | 73316PCS7                           |                                                                | 5,780,000.00 |   | 0.00 |   | 24,420.50 |   | 24,420.50 |   |   |   | 24,420.50 |   | 0.00 |   | 5,780,000.00 |
| b3                                  |   |                       | 73316PCT5                           |                                                                | 7,477,000.00 |   | 0.00 |   | 31,590.33 |   | 31,590.33 |   |   |   | 31,590.33 |   | 0.00 |   | 7,477,000.00 |
| m1                                  |   |                       | 73316PCK4                           |                                                                | 37,119,000.00 |   | 0.00 |   | 167,561.35 |   | 167,561.35 |   |   |   | 167,561.35 |   | 0.00 |   | 37,119,000.00 |
| m2                                  |   |                       | 73316PCL2                           |                                                                | 27,574,000.00 |   | 0.00 |   | 131,367.13 |   | 131,367.13 |   |   |   | 131,367.13 |   | 0.00 |   | 27,574,000.00 |
| m3                                  |   |                       | 73316PCM0                           |                                                                | 4,772,000.00 |   | 0.00 |   | 23,323.15 |   | 23,323.15 |   |   |   | 23,323.15 |   | 0.00 |   | 4,772,000.00 |
| m4                                  |   |                       | 73316PCN8                           |                                                                | 7,424,000.00 |   | 0.00 |   | 37,509.76 |   | 37,509.76 |   |   |   | 37,509.76 |   | 0.00 |   | 7,424,000.00 |
| m5                                  |   |                       | 73316PCP3                           |                                                                | 4,242,000.00 |   | 0.00 |   | 21,917.00 |   | 21,917.00 |   |   |   | 21,917.00 |   | 0.00 |   | 4,242,000.00 |
| m6                                  |   |                       | 73316PCQ1                           |                                                                | 6,098,000.00 |   | 0.00 |   | 31,506.33 |   | 31,506.33 |   |   |   | 31,506.33 |   | 0.00 |   | 6,098,000.00 |
| r1                                  |   |                       | n/a                                 |                                                                | 0.00 |   | 0.00 |   | 0.00 |   | 0.00 |   |   |   | 0.00 |   | 0.00 |   | 0.00 |
| r2                                  |   |                       | n/a                                 |                                                                | 0.00 |   | 0.00 |   | 0.00 |   | 0.00 |   |   |   | 0.00 |   | 0.00 |   | 0.00 |
| x                                   |   |                       | n/a                                 |                                                                | 530,275,524.00 |   | 3,973,873.85 |   | 1.30 |   | 3,973,875.15 |   |   |   | 1.30 |   | 0.00 |   | 526,301,650.15 |
|                                |   |                       |                                |                                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                |   |                       | **Payable                  Totals** |                                                                | 9,155,629.00 |   | 1,635,216.17 |   | 10,790,845.17 |   | 0.00 |   | 1,635,216.17 |   | 0.00 |   | 1,051,394,895.00 |
|                                |   |                       | **Grand                  Totals**   |                                                                |   | 9,155,629.00 |   | 1,635,216.17 |   | 10,790,845.17 |   | 0.00 |   | 1,635,216.17 |   | 0.00 |   | 1,051,394,895.00 |

----

| Payable                Date       |   |                     |                              | May                25, 2005                                   |           |                          |         |                         |          |                         |
|-----------------------------------|--------|--------------------------|-----------------------------------|---------------------------------------------------------------|----------------|-------------------------------|--------------|------------------------------|---------------|------------------------------|
|                              |   |                     |                              |                                                          |           |                          |         |                         |          |                         |   |
| Client 35283                 |   |                     |                              | Popular                ABS Mortgage Pass-Through Trust 2005-2 |           |                          |         |                         |          |                         |
|                              |   |                     |                              |                                                          |           |                          |         |                         |          |                         |   |   |   |   |   |   |   |   |   |
| Pool                Number Series |   | Cusip                No. |                              | Beginning                Prin Bal                             |           | Principal                Paid |         | Interest                Paid |          | Total                Distrib |   | Interest                Adjustment |   | Net                Interest Distribution |   | Other |   | Ending                Prin Bal |
|                              |   |                     |                              |                                                          |           |                          |         |                         |          |                         |   |   |   |   |   |   |   |   |   |
| af1                               |   |                     | 73316PCA6                         |                                                          | 121,153,002.71 |                          | 3,067,901.25 |                         | 313,988.20    |                         | 3,381,889.45 |   |   |   | 313,988.20 |   | 0.00 |   | 118,085,101.46 |
| af2                               |   |                     | 73316PCB4                         |                                                          | 23,000,000.00  |                          | 0.00         |                         | 84,620.83     |                         | 84,620.83 |   |   |   | 84,620.83 |   | 0.00 |   | 23,000,000.00 |
| af3                               |   |                     | 73316PCC2                         |                                                          | 41,000,000.00  |                          | 0.00         |                         | 157,850.00    |                         | 157,850.00 |   |   |   | 157,850.00 |   | 0.00 |   | 41,000,000.00 |
| af4                               |   |                     | 73316PCD0                         |                                                          | 30,600,000.00  |                          | 0.00         |                         | 130,687.50    |                         | 130,687.50 |   |   |   | 130,687.50 |   | 0.00 |   | 30,600,000.00 |
| af5                               |   |                     | 73316PCE8                         |                                                          | 11,483,000.00  |                          | 0.00         |                         | 51,989.28     |                         | 51,989.28 |   |   |   | 51,989.28 |   | 0.00 |   | 11,483,000.00 |
| af6                               |   |                     | 73316PCF5                         |                                                          | 13,000,000.00  |                          | 0.00         |                         | 54,166.67     |                         | 54,166.67 |   |   |   | 54,166.67 |   | 0.00 |   | 13,000,000.00 |
| av1a                              |   |                     | 73316PCG3                         |                                                          | 108,609,539.49 |                          | 1,136,375.54 |                         | 289,625.44    |                         | 1,426,000.98 |   |   |   | 289,625.44 |   | 0.00 |   | 107,473,163.95 |
| av1b                              |   |                     | 73316PCH1                         |                                                          | 27,152,631.39  |                          | 284,096.47   |                         | 74,217.19     |                         | 358,313.66 |   |   |   | 74,217.19 |   | 0.00 |   | 26,868,534.92 |
| av2                               |   |                     | 73316PCJ7                         |                                                          | 42,246,071.26  |                          | 1,885,090.41 |                         | 113,008.24    |                         | 1,998,098.65 |   |   |   | 113,008.24 |   | 0.00 |   | 40,360,980.85 |
| b1                                |   |                     | 73316PCR9                         |                                                          | 6,363,000.00   |                          | 0.00         |                         | 31,921.05     |                         | 31,921.05 |   |   |   | 31,921.05 |   | 0.00 |   | 6,363,000.00 |
| b2                                |   |                     | 73316PCS7                         |                                                          | 5,780,000.00   |                          | 0.00         |                         | 28,996.33     |                         | 28,996.33 |   |   |   | 28,996.33 |   | 0.00 |   | 5,780,000.00 |
| b3                                |   |                     | 73316PCT5                         |                                                          | 7,477,000.00   |                          | 0.00         |                         | 37,509.62     |                         | 37,509.62 |   |   |   | 37,509.62 |   | 0.00 |   | 7,477,000.00 |
| m1                                |   |                     | 73316PCK4                         |                                                          | 37,119,000.00  |                          | 0.00         |                         | 167,561.35    |                         | 167,561.35 |   |   |   | 167,561.35 |   | 0.00 |   | 37,119,000.00 |
| m2                                |   |                     | 73316PCL2                         |                                                          | 27,574,000.00  |                          | 0.00         |                         | 131,367.13    |                         | 131,367.13 |   |   |   | 131,367.13 |   | 0.00 |   | 27,574,000.00 |
| m3                                |   |                     | 73316PCM0                         |                                                          | 4,772,000.00   |                          | 0.00         |                         | 23,323.15     |                         | 23,323.15 |   |   |   | 23,323.15 |   | 0.00 |   | 4,772,000.00 |
| m4                                |   |                     | 73316PCN8                         |                                                          | 7,424,000.00   |                          | 0.00         |                         | 37,509.76     |                         | 37,509.76 |   |   |   | 37,509.76 |   | 0.00 |   | 7,424,000.00 |
| m5                                |   |                     | 73316PCP3                         |                                                          | 4,242,000.00   |                          | 0.00         |                         | 21,917.00     |                         | 21,917.00 |   |   |   | 21,917.00 |   | 0.00 |   | 4,242,000.00 |
| m6                                |   |                     | 73316PCQ1                         |                                                          | 6,098,000.00   |                          | 0.00         |                         | 31,506.33     |                         | 31,506.33 |   |   |   | 31,506.33 |   | 0.00 |   | 6,098,000.00 |
| r1                                |   |                     | n/a                               |                                                          | 0.00           |                          | 0.00         |                         | 0.00          |                         | 0.00 |   |   |   | 0.00 |   | 0.00 |   | 0.00 |
| r2                                |   |                     | n/a                               |                                                          | 0.00           |                          | 0.00         |                         | 0.00          |                         | 0.00 |   |   |   | 0.00 |   | 0.00 |   | 0.00 |
| x                                 |   |                     | n/a                               |                                                          | 526,301,650.15 |                          | 5,334,527.61 |                         | 19.95         |                         | 5,334,547.56 |   |   |   | 19.95 |   | 0.00 |   | 520,967,122.54 |
|                              |   |                     |                              |                                                          |           |                          |         |                         |          |                         |   |   |   |   |   |   |   |   |   |
|                              |   |                     | **Payable                Totals** |                                                          | 11,707,991.28  |                          | 1,781,785.02 |                         | 13,489,776.30 |                         | 0.00 |   | 1,781,785.02 |   | 0.00 |   | 1,039,686,903.72 |
|                              |   |                     | **Grand                Totals**   |                                                          |           | 11,707,991.28                 |         | 1,781,785.02                 |          | 13,489,776.30                |   | 0.00 |   | 1,781,785.02 |   | 0.00 |   | 1,039,686,903.72 |

----

| Payable                  Date       |   |                       |                                | June                  27, 2005                                  |           |                            |          |                           |          |                           |          |
|-------------------------------------|--------|----------------------------|-------------------------------------|-----------------------------------------------------------------|----------------|---------------------------------|---------------|--------------------------------|---------------|--------------------------------|---------------|
|                                |   |                       |                                |                                                            |           |                            |          |                           |          |                           |          |
| Client                  35283       |   |                       |                                | Popular                  ABS Mortgage Pass-Through Trust 2005-2 |           |                            |          |                           |          |                           |          |
|                                |   |                       |                                |                                                            |           |                            |          |                           |          |                           |          |   |   |   |   |   |   |   |   |
| Pool                  Number Series |   | Cusip                  No. |                                | Beginning                  Prin Bal                             |           | Principal                  Paid |          | Interest                  Paid |          | Total                  Distrib |          | Interest                  Adjustment |   | Net                  Interest Distribution |   | Other |   | Ending                  Prin Bal |
|                                |   |                       |                                |                                                            |           |                            |          |                           |          |                           |          |   |   |   |   |   |   |   |   |
| af1                                 |   |                       | 73316PCA6                           |                                                            | 118,085,101.46 |                            | 6,155,191.44  |                           | 344,218.07    |                           | 6,499,409.51  |   |   |   | 344,218.07 |   | 0.00 |   | 111,929,910.02 |
| af2                                 |   |                       | 73316PCB4                           |                                                            | 23,000,000.00  |                            | 0.00          |                           | 84,620.83     |                           | 84,620.83     |   |   |   | 84,620.83 |   | 0.00 |   | 23,000,000.00 |
| af3                                 |   |                       | 73316PCC2                           |                                                            | 41,000,000.00  |                            | 0.00          |                           | 157,850.00    |                           | 157,850.00    |   |   |   | 157,850.00 |   | 0.00 |   | 41,000,000.00 |
| af4                                 |   |                       | 73316PCD0                           |                                                            | 30,600,000.00  |                            | 0.00          |                           | 130,687.50    |                           | 130,687.50    |   |   |   | 130,687.50 |   | 0.00 |   | 30,600,000.00 |
| af5                                 |   |                       | 73316PCE8                           |                                                            | 11,483,000.00  |                            | 0.00          |                           | 51,989.28     |                           | 51,989.28     |   |   |   | 51,989.28 |   | 0.00 |   | 11,483,000.00 |
| af6                                 |   |                       | 73316PCF5                           |                                                            | 13,000,000.00  |                            | 0.00          |                           | 54,166.67     |                           | 54,166.67     |   |   |   | 54,166.67 |   | 0.00 |   | 13,000,000.00 |
| av1a                                |   |                       | 73316PCG3                           |                                                            | 107,473,163.95 |                            | 3,690,970.48  |                           | 322,150.81    |                           | 4,013,121.29  |   |   |   | 322,150.81 |   | 0.00 |   | 103,782,193.47 |
| av1b                                |   |                       | 73316PCH1                           |                                                            | 26,868,534.92  |                            | 922,751.00    |                           | 82,508.79     |                           | 1,005,259.79  |   |   |   | 82,508.79 |   | 0.00 |   | 25,945,783.92 |
| av2                                 |   |                       | 73316PCJ7                           |                                                            | 40,360,980.85  |                            | 1,083,788.05  |                           | 121,352.02    |                           | 1,205,140.07  |   |   |   | 121,352.02 |   | 0.00 |   | 39,277,192.80 |
| b1                                  |   |                       | 73316PCR9                           |                                                            | 6,363,000.00   |                            | 0.00          |                           | 35,521.45     |                           | 35,521.45     |   |   |   | 35,521.45 |   | 0.00 |   | 6,363,000.00 |
| b2                                  |   |                       | 73316PCS7                           |                                                            | 5,780,000.00   |                            | 0.00          |                           | 32,266.85     |                           | 32,266.85     |   |   |   | 32,266.85 |   | 0.00 |   | 5,780,000.00 |
| b3                                  |   |                       | 73316PCT5                           |                                                            | 7,477,000.00   |                            | 0.00          |                           | 41,740.35     |                           | 41,740.35     |   |   |   | 41,740.35 |   | 0.00 |   | 7,477,000.00 |
| m1                                  |   |                       | 73316PCK4                           |                                                            | 37,119,000.00  |                            | 0.00          |                           | 167,561.35    |                           | 167,561.35    |   |   |   | 167,561.35 |   | 0.00 |   | 37,119,000.00 |
| m2                                  |   |                       | 73316PCL2                           |                                                            | 27,574,000.00  |                            | 0.00          |                           | 131,367.13    |                           | 131,367.13    |   |   |   | 131,367.13 |   | 0.00 |   | 27,574,000.00 |
| m3                                  |   |                       | 73316PCM0                           |                                                            | 4,772,000.00   |                            | 0.00          |                           | 23,323.15     |                           | 23,323.15     |   |   |   | 23,323.15 |   | 0.00 |   | 4,772,000.00 |
| m4                                  |   |                       | 73316PCN8                           |                                                            | 7,424,000.00   |                            | 0.00          |                           | 37,509.76     |                           | 37,509.76     |   |   |   | 37,509.76 |   | 0.00 |   | 7,424,000.00 |
| m5                                  |   |                       | 73316PCP3                           |                                                            | 4,242,000.00   |                            | 0.00          |                           | 21,917.00     |                           | 21,917.00     |   |   |   | 21,917.00 |   | 0.00 |   | 4,242,000.00 |
| m6                                  |   |                       | 73316PCQ1                           |                                                            | 6,098,000.00   |                            | 0.00          |                           | 31,506.33     |                           | 31,506.33     |   |   |   | 31,506.33 |   | 0.00 |   | 6,098,000.00 |
| r1                                  |   |                       | n/a                                 |                                                            | 0.00           |                            | 0.00          |                           | 0.00          |                           | 0.00          |   |   |   | 0.00 |   | 0.00 |   | 0.00 |
| r2                                  |   |                       | n/a                                 |                                                            | 0.00           |                            | 0.00          |                           | 0.00          |                           | 0.00          |   |   |   | 0.00 |   | 0.00 |   | 0.00 |
| x                                   |   |                       | n/a                                 |                                                            | 520,967,122.54 |                            | 10,929,712.28 |                           | 22.14         |                           | 10,929,734.42 |   |   |   | 22.14 |   | 0.00 |   | 510,037,410.26 |
|                                |   |                       |                                |                                                            |           |                            |          |                           |          |                           |          |   |   |   |   |   |   |   |   |
|                                |   |                       | **Payable                  Totals** |                                                            | 22,782,413.25  |                            | 1,872,279.48  |                           | 24,654,692.73 |                           | 0.00          |   | 1,872,279.48 |   | 0.00 |   | 1,016,904,490.47 |
|                                |   |                       | **Grand                  Totals**   |                                                            |           | 22,782,413.25                   |          | 1,872,279.48                   |          | 24,654,692.73                  |          | 0.00 |   | 1,872,279.48 |   | 0.00 |   | 1,016,904,490.47 |

----

| Payable                  Date       |   |                       |                                | July                  25, 2005                                  |           |                            |         |                           |          |                           |         |
|-------------------------------------|--------|----------------------------|-------------------------------------|-----------------------------------------------------------------|----------------|---------------------------------|--------------|--------------------------------|---------------|--------------------------------|--------------|
|                                |   |                       |                                |                                                            |           |                            |         |                           |          |                           |         |   |   |   |   |   |   |   |   |
| Client                  35283       |   |                       |                                | Popular                  ABS Mortgage Pass-Through Trust 2005-2 |           |                            |         |                           |          |                           |         |   |
|                                |   |                       |                                |                                                            |           |                            |         |                           |          |                           |         |   |   |   |   |   |   |   |   |
| Pool                  Number Series |   | Cusip                  No. |                                | Beginning                  Prin Bal                             |           | Principal                  Paid |         | Interest                  Paid |          | Total                  Distrib |         | Interest                  Adjustment |   | Net                  Interest Distribution |   | Other |   | Ending                  Prin Bal |
|                                |   |                       |                                |                                                            |           |                            |         |                           |          |                           |         |   |   |   |   |   |   |   |   |
| af1                                 |   |                       | 73316PCA6                           |                                                            | 111,929,910.02 |                            | 5,306,594.58 |                           | 296,334.57    |                           | 5,602,929.15 |   |   |   | 296,334.57 |   | 0.00 |   | 106,623,315.44 |
| af2                                 |   |                       | 73316PCB4                           |                                                            | 23,000,000.00  |                            | 0.00         |                           | 84,609.65     |                           | 84,609.65    |   |   |   | 84,609.65 |   | 0.00 |   | 23,000,000.00 |
| af3                                 |   |                       | 73316PCC2                           |                                                            | 41,000,000.00  |                            | 0.00         |                           | 157,829.14    |                           | 157,829.14   |   |   |   | 157,829.14 |   | 0.00 |   | 41,000,000.00 |
| af4                                 |   |                       | 73316PCD0                           |                                                            | 30,600,000.00  |                            | 0.00         |                           | 130,670.23    |                           | 130,670.23   |   |   |   | 130,670.23 |   | 0.00 |   | 30,600,000.00 |
| af5                                 |   |                       | 73316PCE8                           |                                                            | 11,483,000.00  |                            | 0.00         |                           | 51,982.41     |                           | 51,982.41    |   |   |   | 51,982.41 |   | 0.00 |   | 11,483,000.00 |
| af6                                 |   |                       | 73316PCF5                           |                                                            | 13,000,000.00  |                            | 0.00         |                           | 54,159.51     |                           | 54,159.51    |   |   |   | 54,159.51 |   | 0.00 |   | 13,000,000.00 |
| av1a                                |   |                       | 73316PCG3                           |                                                            | 103,782,193.47 |                            | 2,409,203.46 |                           | 282,027.27    |                           | 2,691,230.73 |   |   |   | 282,027.27 |   | 0.00 |   | 101,372,990.01 |
| av1b                                |   |                       | 73316PCH1                           |                                                            | 25,945,783.92  |                            | 602,306.33   |                           | 72,121.65     |                           | 674,427.98   |   |   |   | 72,121.65 |   | 0.00 |   | 25,343,477.59 |
| av2                                 |   |                       | 73316PCJ7                           |                                                            | 39,277,192.80  |                            | 107,643.12   |                           | 107,040.90    |                           | 214,684.02   |   |   |   | 107,040.90 |   | 0.00 |   | 39,169,549.68 |
| b1                                  |   |                       | 73316PCR9                           |                                                            | 6,363,000.00   |                            | 0.00         |                           | 31,245.74     |                           | 31,245.74    |   |   |   | 31,245.74 |   | 0.00 |   | 6,363,000.00 |
| b2                                  |   |                       | 73316PCS7                           |                                                            | 5,780,000.00   |                            | 0.00         |                           | 28,382.90     |                           | 28,382.90    |   |   |   | 28,382.90 |   | 0.00 |   | 5,780,000.00 |
| b3                                  |   |                       | 73316PCT5                           |                                                            | 7,477,000.00   |                            | 0.00         |                           | 36,716.08     |                           | 36,716.08    |   |   |   | 36,716.08 |   | 0.00 |   | 7,477,000.00 |
| m1                                  |   |                       | 73316PCK4                           |                                                            | 37,119,000.00  |                            | 0.00         |                           | 167,539.20    |                           | 167,539.20   |   |   |   | 167,539.20 |   | 0.00 |   | 37,119,000.00 |
| m2                                  |   |                       | 73316PCL2                           |                                                            | 27,574,000.00  |                            | 0.00         |                           | 131,349.77    |                           | 131,349.77   |   |   |   | 131,349.77 |   | 0.00 |   | 27,574,000.00 |
| m3                                  |   |                       | 73316PCM0                           |                                                            | 4,772,000.00   |                            | 0.00         |                           | 23,320.07     |                           | 23,320.07    |   |   |   | 23,320.07 |   | 0.00 |   | 4,772,000.00 |
| m4                                  |   |                       | 73316PCN8                           |                                                            | 7,424,000.00   |                            | 0.00         |                           | 37,504.80     |                           | 37,504.80    |   |   |   | 37,504.80 |   | 0.00 |   | 7,424,000.00 |
| m5                                  |   |                       | 73316PCP3                           |                                                            | 4,242,000.00   |                            | 0.00         |                           | 21,914.10     |                           | 21,914.10    |   |   |   | 21,914.10 |   | 0.00 |   | 4,242,000.00 |
| m6                                  |   |                       | 73316PCQ1                           |                                                            | 6,098,000.00   |                            | 0.00         |                           | 31,502.17     |                           | 31,502.17    |   |   |   | 31,502.17 |   | 0.00 |   | 6,098,000.00 |
| r1                                  |   |                       | n/a                                 |                                                            | 0.00           |                            | 0.00         |                           | 0.00          |                           | 0.00         |   |   |   | 0.00 |   | 0.00 |   | 0.00 |
| r2                                  |   |                       | n/a                                 |                                                            | 0.00           |                            | 0.00         |                           | 0.00          |                           | 0.00         |   |   |   | 0.00 |   | 0.00 |   | 0.00 |
| x                                   |   |                       | n/a                                 |                                                            | 510,037,410.26 |                            | 7,440,602.17 |                           | 21.03         |                           | 7,440,623.20 |   |   |   | 21.03 |   | 0.00 |   | 502,596,808.09 |
|                                |   |                       |                                |                                                            |           |                            |         |                           |          |                           |         |   |   |   |   |   |   |   |   |
|                                |   |                       | **Payable                  Totals** |                                                            | 15,866,349.66  |                            | 1,746,271.19 |                           | 17,612,620.85 |                           | 0.00         |   | 1,746,271.19 |   | 0.00 |   | 1,001,038,140.81 |
|                                |   |                       | **Grand                  Totals**   |                                                            |           | 15,866,349.66                   |         | 1,746,271.19                   |          | 17,612,620.85                  |         | 0.00 |   | 1,746,271.19 |   | 0.00 |   | 1,001,038,140.81 |

----

| Payable                  Date       |   |                       |                                | August                  25, 2005                                |           |                            |         |                           |          |
|-------------------------------------|--------|----------------------------|-------------------------------------|-----------------------------------------------------------------|----------------|---------------------------------|--------------|--------------------------------|---------------|
|                                |   |                       |                                |                                                            |           |                            |         |                           |          |
| Client                  35283       |   |                       |                                | Popular                  ABS Mortgage Pass-Through Trust 2005-2 |           |                            |         |                           |          |
|                                |   |                       |                                |                                                            |           |                            |         |                           |          |   |   |   |   |   |   |   |   |   |   |
| Pool                  Number Series |   | Cusip                  No. |                                | Beginning                  Prin Bal                             |           | Principal                  Paid |         | Interest                  Paid |          | Total                  Distrib |   | Interest                  Adjustment |   | Net                  Interest Distribution |   | Other |   | Ending                  Prin Bal |
|                                |   |                       |                                |                                                            |           |                            |         |                           |          |   |   |   |   |   |   |   |   |   |   |
| af1                                 |   |                       | 73316PCA6                           |                                                            | 106,623,315.44 |                            | 6,257,173.64 |                           | 325,900.82    |   | 6,583,074.46 |   |   |   | 325,900.82 |   | 0.00 |   | 100,366,141.80 |
| af2                                 |   |                       | 73316PCB4                           |                                                            | 23,000,000.00  |                            | 0.00         |                           | 84,610.26     |   | 84,610.26 |   |   |   | 84,610.26 |   | 0.00 |   | 23,000,000.00 |
| af3                                 |   |                       | 73316PCC2                           |                                                            | 41,000,000.00  |                            | 0.00         |                           | 157,830.28    |   | 157,830.28 |   |   |   | 157,830.28 |   | 0.00 |   | 41,000,000.00 |
| af4                                 |   |                       | 73316PCD0                           |                                                            | 30,600,000.00  |                            | 0.00         |                           | 130,671.17    |   | 130,671.17 |   |   |   | 130,671.17 |   | 0.00 |   | 30,600,000.00 |
| af5                                 |   |                       | 73316PCE8                           |                                                            | 11,483,000.00  |                            | 0.00         |                           | 51,982.78     |   | 51,982.78 |   |   |   | 51,982.78 |   | 0.00 |   | 11,483,000.00 |
| af6                                 |   |                       | 73316PCF5                           |                                                            | 13,000,000.00  |                            | 0.00         |                           | 54,159.90     |   | 54,159.90 |   |   |   | 54,159.90 |   | 0.00 |   | 13,000,000.00 |
| av1a                                |   |                       | 73316PCG3                           |                                                            | 101,372,990.01 |                            | 2,236,732.50 |                           | 317,708.31    |   | 2,554,440.81 |   |   |   | 317,708.31 |   | 0.00 |   | 99,136,257.51 |
| av1b                                |   |                       | 73316PCH1                           |                                                            | 25,343,477.59  |                            | 559,188.20   |                           | 81,173.47     |   | 640,361.67 |   |   |   | 81,173.47 |   | 0.00 |   | 24,784,289.39 |
| av2                                 |   |                       | 73316PCJ7                           |                                                            | 39,169,549.68  |                            | 258,263.46   |                           | 123,096.69    |   | 381,360.15 |   |   |   | 123,096.69 |   | 0.00 |   | 38,911,286.22 |
| b1                                  |   |                       | 73316PCR9                           |                                                            | 6,363,000.00   |                            | 0.00         |                           | 35,391.71     |   | 35,391.71 |   |   |   | 35,391.71 |   | 0.00 |   | 6,363,000.00 |
| b2                                  |   |                       | 73316PCS7                           |                                                            | 5,780,000.00   |                            | 0.00         |                           | 32,149.00     |   | 32,149.00 |   |   |   | 32,149.00 |   | 0.00 |   | 5,780,000.00 |
| b3                                  |   |                       | 73316PCT5                           |                                                            | 7,477,000.00   |                            | 0.00         |                           | 41,587.90     |   | 41,587.90 |   |   |   | 41,587.90 |   | 0.00 |   | 7,477,000.00 |
| m1                                  |   |                       | 73316PCK4                           |                                                            | 37,119,000.00  |                            | 0.00         |                           | 167,540.41    |   | 167,540.41 |   |   |   | 167,540.41 |   | 0.00 |   | 37,119,000.00 |
| m2                                  |   |                       | 73316PCL2                           |                                                            | 27,574,000.00  |                            | 0.00         |                           | 131,350.72    |   | 131,350.72 |   |   |   | 131,350.72 |   | 0.00 |   | 27,574,000.00 |
| m3                                  |   |                       | 73316PCM0                           |                                                            | 4,772,000.00   |                            | 0.00         |                           | 23,320.24     |   | 23,320.24 |   |   |   | 23,320.24 |   | 0.00 |   | 4,772,000.00 |
| m4                                  |   |                       | 73316PCN8                           |                                                            | 7,424,000.00   |                            | 0.00         |                           | 37,505.07     |   | 37,505.07 |   |   |   | 37,505.07 |   | 0.00 |   | 7,424,000.00 |
| m5                                  |   |                       | 73316PCP3                           |                                                            | 4,242,000.00   |                            | 0.00         |                           | 21,914.26     |   | 21,914.26 |   |   |   | 21,914.26 |   | 0.00 |   | 4,242,000.00 |
| m6                                  |   |                       | 73316PCQ1                           |                                                            | 6,098,000.00   |                            | 0.00         |                           | 31,502.39     |   | 31,502.39 |   |   |   | 31,502.39 |   | 0.00 |   | 6,098,000.00 |
| r1                                  |   |                       | n/a                                 |                                                            | 0.00           |                            | 0.00         |                           | 0.00          |   | 0.00 |   |   |   | 0.00 |   | 0.00 |   | 0.00 |
| r2                                  |   |                       | n/a                                 |                                                            | 0.00           |                            | 0.00         |                           | 0.00          |   | 0.00 |   |   |   | 0.00 |   | 0.00 |   | 0.00 |
| x                                   |   |                       | n/a                                 |                                                            | 502,596,808.09 |                            | 8,465,917.99 |                           | 13.41         |   | 8,465,931.40 |   |   |   | 13.41 |   | 0.00 |   | 494,130,890.10 |
|                                |   |                       |                                |                                                            |           |                            |         |                           |          |   |   |   |   |   |   |   |   |   |   |
|                                |   |                       | **Payable                  Totals** |                                                            | 17,777,275.79  |                            | 1,849,408.79 |                           | 19,626,684.58 |   | 0.00 |   | 1,849,408.79 |   | 0.00 |   | 983,260,865.02 |
|                                |   |                       | **Grand                  Totals**   |                                                            |           | 17,777,275.79                   |         | 1,849,408.79                   |          | 19,626,684.58 |   | 0.00 |   | 1,849,408.79 |   | 0.00 |   | 983,260,865.02 |

----

| Payable                  Date       |   |                       |                                | September                  26, 2005                             |           |                            |          |                           |          |                           |          |
|-------------------------------------|--------|----------------------------|-------------------------------------|-----------------------------------------------------------------|----------------|---------------------------------|---------------|--------------------------------|---------------|--------------------------------|---------------|
|                                |   |                       |                                |                                                            |           |                            |          |                           |          |                           |          |
| Client                  35283       |   |                       |                                | Popular                  ABS Mortgage Pass-Through Trust 2005-2 |           |                            |          |                           |          |                           |          |
|                                |   |                       |                                |                                                            |           |                            |          |                           |          |                           |          |   |   |   |   |   |   |   |   |
| Pool                  Number Series |   | Cusip                  No. |                                | Beginning                  Prin Bal                             |           | Principal                  Paid |          | Interest                  Paid |          | Total                  Distrib |          | Interest                  Adjustment |   | Net                  Interest Distribution |   | Other |   | Ending                  Prin Bal |
|                                |   |                       |                                |                                                            |           |                            |          |                           |          |                           |          |   |   |   |   |   |   |   |   |
| af1                                 |   |                       | 73316PCA6                           |                                                            | 100,366,141.80 |                            | 8,185,158.45  |                           | 332,840.37    |                           | 8,517,998.82  |   |   |   | 332,840.37 |   | 0.00 |   | 92,180,983.35 |
| af2                                 |   |                       | 73316PCB4                           |                                                            | 23,000,000.00  |                            | 0.00          |                           | 84,610.49     |                           | 84,610.49     |   |   |   | 84,610.49 |   | 0.00 |   | 23,000,000.00 |
| af3                                 |   |                       | 73316PCC2                           |                                                            | 41,000,000.00  |                            | 0.00          |                           | 157,830.72    |                           | 157,830.72    |   |   |   | 157,830.72 |   | 0.00 |   | 41,000,000.00 |
| af4                                 |   |                       | 73316PCD0                           |                                                            | 30,600,000.00  |                            | 0.00          |                           | 130,671.53    |                           | 130,671.53    |   |   |   | 130,671.53 |   | 0.00 |   | 30,600,000.00 |
| af5                                 |   |                       | 73316PCE8                           |                                                            | 11,483,000.00  |                            | 0.00          |                           | 51,982.93     |                           | 51,982.93     |   |   |   | 51,982.93 |   | 0.00 |   | 11,483,000.00 |
| af6                                 |   |                       | 73316PCF5                           |                                                            | 13,000,000.00  |                            | 0.00          |                           | 54,160.05     |                           | 54,160.05     |   |   |   | 54,160.05 |   | 0.00 |   | 13,000,000.00 |
| av1a                                |   |                       | 73316PCG3                           |                                                            | 99,136,257.51  |                            | 2,559,210.60  |                           | 336,691.68    |                           | 2,895,902.28  |   |   |   | 336,691.68 |   | 0.00 |   | 96,577,046.91 |
| av1b                                |   |                       | 73316PCH1                           |                                                            | 24,784,289.39  |                            | 639,808.46    |                           | 85,935.91     |                           | 725,744.37    |   |   |   | 85,935.91 |   | 0.00 |   | 24,144,480.93 |
| av2                                 |   |                       | 73316PCJ7                           |                                                            | 38,911,286.22  |                            | 969,993.42    |                           | 132,498.36    |                           | 1,102,491.78  |   |   |   | 132,498.36 |   | 0.00 |   | 37,941,292.80 |
| b1                                  |   |                       | 73316PCR9                           |                                                            | 6,363,000.00   |                            | 0.00          |                           | 34,373.14     |                           | 34,373.14     |   |   |   | 34,373.14 |   | 0.00 |   | 6,363,000.00 |
| b2                                  |   |                       | 73316PCS7                           |                                                            | 5,780,000.00   |                            | 0.00          |                           | 31,223.75     |                           | 31,223.75     |   |   |   | 31,223.75 |   | 0.00 |   | 5,780,000.00 |
| b3                                  |   |                       | 73316PCT5                           |                                                            | 7,477,000.00   |                            | 0.00          |                           | 40,391.00     |                           | 40,391.00     |   |   |   | 40,391.00 |   | 0.00 |   | 7,477,000.00 |
| m1                                  |   |                       | 73316PCK4                           |                                                            | 37,119,000.00  |                            | 0.00          |                           | 167,540.88    |                           | 167,540.88    |   |   |   | 167,540.88 |   | 0.00 |   | 37,119,000.00 |
| m2                                  |   |                       | 73316PCL2                           |                                                            | 27,574,000.00  |                            | 0.00          |                           | 131,351.08    |                           | 131,351.08    |   |   |   | 131,351.08 |   | 0.00 |   | 27,574,000.00 |
| m3                                  |   |                       | 73316PCM0                           |                                                            | 4,772,000.00   |                            | 0.00          |                           | 23,320.30     |                           | 23,320.30     |   |   |   | 23,320.30 |   | 0.00 |   | 4,772,000.00 |
| m4                                  |   |                       | 73316PCN8                           |                                                            | 7,424,000.00   |                            | 0.00          |                           | 37,505.18     |                           | 37,505.18     |   |   |   | 37,505.18 |   | 0.00 |   | 7,424,000.00 |
| m5                                  |   |                       | 73316PCP3                           |                                                            | 4,242,000.00   |                            | 0.00          |                           | 21,914.32     |                           | 21,914.32     |   |   |   | 21,914.32 |   | 0.00 |   | 4,242,000.00 |
| m6                                  |   |                       | 73316PCQ1                           |                                                            | 6,098,000.00   |                            | 0.00          |                           | 31,502.48     |                           | 31,502.48     |   |   |   | 31,502.48 |   | 0.00 |   | 6,098,000.00 |
| r1                                  |   |                       | n/a                                 |                                                            | 0.00           |                            | 0.00          |                           | 0.00          |                           | 0.00          |   |   |   | 0.00 |   | 0.00 |   | 0.00 |
| r2                                  |   |                       | n/a                                 |                                                            | 0.00           |                            | 0.00          |                           | 0.00          |                           | 0.00          |   |   |   | 0.00 |   | 0.00 |   | 0.00 |
| x                                   |   |                       | n/a                                 |                                                            | 494,130,890.10 |                            | 11,594,376.39 |                           | 11.64         |                           | 11,594,388.03 |   |   |   | 11.64 |   | 0.00 |   | 482,536,513.71 |
|                                |   |                       |                                |                                                            |           |                            |          |                           |          |                           |          |   |   |   |   |   |   |   |   |
|                                |   |                       | **Payable                  Totals** |                                                            | 23,948,547.32  |                            | 1,886,355.81  |                           | 25,834,903.13 |                           | 0.00          |   | 1,886,355.81 |   | 0.00 |   | 959,312,317.70 |
|                                |   |                       | **Grand                  Totals**   |                                                            |           | 23,948,547.32                   |          | 1,886,355.81                   |          | 25,834,903.13                  |          | 0.00 |   | 1,886,355.81 |   | 0.00 |   | 959,312,317.70 |

----

| Payable                  Date       |   |                       |                                | October                  25, 2005                               |           |                            |          |                           |          |                           |
|-------------------------------------|--------|----------------------------|-------------------------------------|-----------------------------------------------------------------|----------------|---------------------------------|---------------|--------------------------------|---------------|--------------------------------|
|                                |   |                       |                                |                                                            |           |                            |          |                           |          |                           |
| Client                  35283       |   |                       |                                | Popular                  ABS Mortgage Pass-Through Trust 2005-2 |           |                            |          |                           |          |                           |
|                                |   |                       |                                |                                                            |           |                            |          |                           |          |                           |   |   |   |   |   |   |   |   |   |
| Pool                  Number Series |   | Cusip                  No. |                                | Beginning                  Prin Bal                             |           | Principal                  Paid |          | Interest                  Paid |          | Total                  Distrib |   | Interest                  Adjustment |   | Net                  Interest Distribution |   | Other |   | Ending                  Prin Bal |
|                                |   |                       |                                |                                                            |           |                            |          |                           |          |                           |   |   |   |   |   |   |   |   |   |
| af1                                 |   |                       | 73316PCA6                           |                                                            | 92,180,983.35  |                            | 10,482,756.14 |                           | 291,049.90    |                           | 10,773,806.04 |   |   |   | 291,049.90 |   | 0.00 |   | 81,698,227.21 |
| af2                                 |   |                       | 73316PCB4                           |                                                            | 23,000,000.00  |                            | 0.00          |                           | 84,610.03     |                           | 84,610.03 |   |   |   | 84,610.03 |   | 0.00 |   | 23,000,000.00 |
| af3                                 |   |                       | 73316PCC2                           |                                                            | 41,000,000.00  |                            | 0.00          |                           | 157,829.85    |                           | 157,829.85 |   |   |   | 157,829.85 |   | 0.00 |   | 41,000,000.00 |
| af4                                 |   |                       | 73316PCD0                           |                                                            | 30,600,000.00  |                            | 0.00          |                           | 130,670.82    |                           | 130,670.82 |   |   |   | 130,670.82 |   | 0.00 |   | 30,600,000.00 |
| af5                                 |   |                       | 73316PCE8                           |                                                            | 11,483,000.00  |                            | 0.00          |                           | 51,982.64     |                           | 51,982.64 |   |   |   | 51,982.64 |   | 0.00 |   | 11,483,000.00 |
| af6                                 |   |                       | 73316PCF5                           |                                                            | 13,000,000.00  |                            | 0.00          |                           | 54,159.76     |                           | 54,159.76 |   |   |   | 54,159.76 |   | 0.00 |   | 13,000,000.00 |
| av1a                                |   |                       | 73316PCG3                           |                                                            | 96,577,046.91  |                            | 4,100,832.99  |                           | 311,930.87    |                           | 4,412,763.86 |   |   |   | 311,930.87 |   | 0.00 |   | 92,476,213.92 |
| av1b                                |   |                       | 73316PCH1                           |                                                            | 24,144,480.93  |                            | 1,025,217.56  |                           | 79,539.21     |                           | 1,104,756.77 |   |   |   | 79,539.21 |   | 0.00 |   | 23,119,263.37 |
| av2                                 |   |                       | 73316PCJ7                           |                                                            | 37,941,292.80  |                            | 1,414,052.17  |                           | 122,850.87    |                           | 1,536,903.04 |   |   |   | 122,850.87 |   | 0.00 |   | 36,527,240.63 |
| b1                                  |   |                       | 73316PCR9                           |                                                            | 6,363,000.00   |                            | 0.00          |                           | 33,940.83     |                           | 33,940.83 |   |   |   | 33,940.83 |   | 0.00 |   | 6,363,000.00 |
| b2                                  |   |                       | 73316PCS7                           |                                                            | 5,780,000.00   |                            | 0.00          |                           | 30,831.05     |                           | 30,831.05 |   |   |   | 30,831.05 |   | 0.00 |   | 5,780,000.00 |
| b3                                  |   |                       | 73316PCT5                           |                                                            | 7,477,000.00   |                            | 0.00          |                           | 39,883.01     |                           | 39,883.01 |   |   |   | 39,883.01 |   | 0.00 |   | 7,477,000.00 |
| m1                                  |   |                       | 73316PCK4                           |                                                            | 37,119,000.00  |                            | 0.00          |                           | 167,539.96    |                           | 167,539.96 |   |   |   | 167,539.96 |   | 0.00 |   | 37,119,000.00 |
| m2                                  |   |                       | 73316PCL2                           |                                                            | 27,574,000.00  |                            | 0.00          |                           | 131,350.36    |                           | 131,350.36 |   |   |   | 131,350.36 |   | 0.00 |   | 27,574,000.00 |
| m3                                  |   |                       | 73316PCM0                           |                                                            | 4,772,000.00   |                            | 0.00          |                           | 23,320.17     |                           | 23,320.17 |   |   |   | 23,320.17 |   | 0.00 |   | 4,772,000.00 |
| m4                                  |   |                       | 73316PCN8                           |                                                            | 7,424,000.00   |                            | 0.00          |                           | 37,504.97     |                           | 37,504.97 |   |   |   | 37,504.97 |   | 0.00 |   | 7,424,000.00 |
| m5                                  |   |                       | 73316PCP3                           |                                                            | 4,242,000.00   |                            | 0.00          |                           | 21,914.20     |                           | 21,914.20 |   |   |   | 21,914.20 |   | 0.00 |   | 4,242,000.00 |
| m6                                  |   |                       | 73316PCQ1                           |                                                            | 6,098,000.00   |                            | 0.00          |                           | 31,502.31     |                           | 31,502.31 |   |   |   | 31,502.31 |   | 0.00 |   | 6,098,000.00 |
| r1                                  |   |                       | n/a                                 |                                                            | 0.00           |                            | 0.00          |                           | 0.00          |                           | 0.00 |   |   |   | 0.00 |   | 0.00 |   | 0.00 |
| r2                                  |   |                       | n/a                                 |                                                            | 0.00           |                            | 0.00          |                           | 0.00          |                           | 0.00 |   |   |   | 0.00 |   | 0.00 |   | 0.00 |
| x                                   |   |                       | n/a                                 |                                                            | 482,536,513.71 |                            | 16,245,546.38 |                           | 2.58          |                           | 16,245,548.96 |   |   |   | 2.58 |   | 0.00 |   | 466,290,967.33 |
|                                |   |                       |                                |                                                            |           |                            |          |                           |          |                           |   |   |   |   |   |   |   |   |   |
|                                |   |                       | **Payable                  Totals** |                                                            | 33,268,405.24  |                            | 1,802,413.39  |                           | 35,070,818.63 |                           | 0.00 |   | 1,802,413.39 |   | 0.00 |   | 926,043,912.46 |
|                                |   |                       | **Grand                  Totals**   |                                                            |           | 33,268,405.24                   |          | 1,802,413.39                   |          | 35,070,818.63                  |   | 0.00 |   | 1,802,413.39 |   | 0.00 |   | 926,043,912.46 |

----

| Payable                  Date       |   |                       |                                | November                  25, 2005                              |           |                            |          |                           |          |                           |          |
|-------------------------------------|--------|----------------------------|-------------------------------------|-----------------------------------------------------------------|----------------|---------------------------------|---------------|--------------------------------|---------------|--------------------------------|---------------|
|                                |   |                       |                                |                                                            |           |                            |          |                           |          |                           |          |
| Client                  35283       |   |                       |                                | Popular                  ABS Mortgage Pass-Through Trust 2005-2 |           |                            |          |                           |          |                           |          |
|                                |   |                       |                                |                                                            |           |                            |          |                           |          |                           |          |   |   |   |   |   |   |   |   |
| Pool                  Number Series |   | Cusip                  No. |                                | Beginning                  Prin Bal                             |           | Principal                  Paid |          | Interest                  Paid |          | Total                  Distrib |          | Interest                  Adjustment |   | Net                  Interest Distribution |   | Other |   | Ending                  Prin Bal |
|                                |   |                       |                                |                                                            |           |                            |          |                           |          |                           |          |   |   |   |   |   |   |   |   |
| af1                                 |   |                       | 73316PCA6                           |                                                            | 81,698,227.21  |                            | 7,636,342.16  |                           | 290,338.55    |                           | 7,926,680.71  |   |   |   | 290,338.55 |   | 0.00 |   | 74,061,885.05 |
| af2                                 |   |                       | 73316PCB4                           |                                                            | 23,000,000.00  |                            | 0.00          |                           | 84,610.27     |                           | 84,610.27     |   |   |   | 84,610.27 |   | 0.00 |   | 23,000,000.00 |
| af3                                 |   |                       | 73316PCC2                           |                                                            | 41,000,000.00  |                            | 0.00          |                           | 157,830.30    |                           | 157,830.30    |   |   |   | 157,830.30 |   | 0.00 |   | 41,000,000.00 |
| af4                                 |   |                       | 73316PCD0                           |                                                            | 30,600,000.00  |                            | 0.00          |                           | 130,671.19    |                           | 130,671.19    |   |   |   | 130,671.19 |   | 0.00 |   | 30,600,000.00 |
| af5                                 |   |                       | 73316PCE8                           |                                                            | 11,483,000.00  |                            | 0.00          |                           | 51,982.79     |                           | 51,982.79     |   |   |   | 51,982.79 |   | 0.00 |   | 11,483,000.00 |
| af6                                 |   |                       | 73316PCF5                           |                                                            | 13,000,000.00  |                            | 0.00          |                           | 54,159.91     |                           | 54,159.91     |   |   |   | 54,159.91 |   | 0.00 |   | 13,000,000.00 |
| av1a                                |   |                       | 73316PCG3                           |                                                            | 92,476,213.92  |                            | 2,800,867.65  |                           | 335,807.30    |                           | 3,136,674.95  |   |   |   | 335,807.30 |   | 0.00 |   | 89,675,346.27 |
| av1b                                |   |                       | 73316PCH1                           |                                                            | 23,119,263.37  |                            | 700,223.27    |                           | 85,545.04     |                           | 785,768.31    |   |   |   | 85,545.04 |   | 0.00 |   | 22,419,040.10 |
| av2                                 |   |                       | 73316PCJ7                           |                                                            | 36,527,240.63  |                            | 1,519,765.20  |                           | 132,955.25    |                           | 1,652,720.45  |   |   |   | 132,955.25 |   | 0.00 |   | 35,007,475.43 |
| b1                                  |   |                       | 73316PCR9                           |                                                            | 6,363,000.00   |                            | 0.00          |                           | 33,911.38     |                           | 33,911.38     |   |   |   | 33,911.38 |   | 0.00 |   | 6,363,000.00 |
| b2                                  |   |                       | 73316PCS7                           |                                                            | 5,780,000.00   |                            | 0.00          |                           | 30,804.31     |                           | 30,804.31     |   |   |   | 30,804.31 |   | 0.00 |   | 5,780,000.00 |
| b3                                  |   |                       | 73316PCT5                           |                                                            | 7,477,000.00   |                            | 0.00          |                           | 39,848.41     |                           | 39,848.41     |   |   |   | 39,848.41 |   | 0.00 |   | 7,477,000.00 |
| m1                                  |   |                       | 73316PCK4                           |                                                            | 37,119,000.00  |                            | 0.00          |                           | 167,540.44    |                           | 167,540.44    |   |   |   | 167,540.44 |   | 0.00 |   | 37,119,000.00 |
| m2                                  |   |                       | 73316PCL2                           |                                                            | 27,574,000.00  |                            | 0.00          |                           | 131,350.74    |                           | 131,350.74    |   |   |   | 131,350.74 |   | 0.00 |   | 27,574,000.00 |
| m3                                  |   |                       | 73316PCM0                           |                                                            | 4,772,000.00   |                            | 0.00          |                           | 23,320.24     |                           | 23,320.24     |   |   |   | 23,320.24 |   | 0.00 |   | 4,772,000.00 |
| m4                                  |   |                       | 73316PCN8                           |                                                            | 7,424,000.00   |                            | 0.00          |                           | 37,505.08     |                           | 37,505.08     |   |   |   | 37,505.08 |   | 0.00 |   | 7,424,000.00 |
| m5                                  |   |                       | 73316PCP3                           |                                                            | 4,242,000.00   |                            | 0.00          |                           | 21,914.26     |                           | 21,914.26     |   |   |   | 21,914.26 |   | 0.00 |   | 4,242,000.00 |
| m6                                  |   |                       | 73316PCQ1                           |                                                            | 6,098,000.00   |                            | 0.00          |                           | 31,502.40     |                           | 31,502.40     |   |   |   | 31,502.40 |   | 0.00 |   | 6,098,000.00 |
| r1                                  |   |                       | n/a                                 |                                                            | 0.00           |                            | 0.00          |                           | 0.00          |                           | 0.00          |   |   |   | 0.00 |   | 0.00 |   | 0.00 |
| r2                                  |   |                       | n/a                                 |                                                            | 0.00           |                            | 0.00          |                           | 0.00          |                           | 0.00          |   |   |   | 0.00 |   | 0.00 |   | 0.00 |
| x                                   |   |                       | n/a                                 |                                                            | 466,290,967.33 |                            | 12,007,133.07 |                           | 0.00          |                           | 12,007,133.07 |   |   |   | 0.00 |   | 0.00 |   | 454,283,834.26 |
|                                |   |                       |                                |                                                            |           |                            |          |                           |          |                           |          |   |   |   |   |   |   |   |   |
|                                |   |                       | **Payable                  Totals** |                                                            | 24,664,331.35  |                            | 1,841,597.86  |                           | 26,505,929.21 |                           | 0.00          |   | 1,841,597.86 |   | 0.00 |   | 901,379,581.11 |
|                                |   |                       | **Grand                  Totals**   |                                                            |           | 24,664,331.35                   |          | 1,841,597.86                   |          | 26,505,929.21                  |          | 0.00 |   | 1,841,597.86 |   | 0.00 |   | 901,379,581.11 |

----

| Payable                  Date       |   |                       |                                |  December                27, 2005                          |           |                            |          |                           |          |                           |
|-------------------------------------|--------|----------------------------|-------------------------------------|-----------------------------------------------------------------|----------------|---------------------------------|---------------|--------------------------------|---------------|--------------------------------|
|                                |   |                       |                                |                                                            |           |                            |          |                           |          |                           |
| Client                  35283       |   |                       |                                | Popular                  ABS Mortgage Pass-Through Trust 2005-2 |           |                            |          |                           |          |                           |
|                                |   |                       |                                |                                                            |           |                            |          |                           |          |                           |   |   |   |   |   |   |   |   |   |
| Pool                  Number Series |   | Cusip                  No. |                                | Beginning                  Prin Bal                             |           | Principal                  Paid |          | Interest                  Paid |          | Total                  Distrib |   | Interest                  Adjustment |   | Net                  Interest Distribution |   | Other |   | Ending                  Prin Bal |
|                                |   |                       |                                |                                                            |           |                            |          |                           |          |                           |   |   |   |   |   |   |   |   |   |
| af1                                 |   |                       | 73316PCA6                           |                                                            | 74,061,885.05  |                            | 8,584,543.25  |                           | 281,811.68    |                           | 8,866,354.93 |   |   |   | 281,811.68 |   | 0.00 |   | 65,477,341.80 |
| af2                                 |   |                       | 73316PCB4                           |                                                            | 23,000,000.00  |                            | 0.00          |                           | 84,610.34     |                           | 84,610.34 |   |   |   | 84,610.34 |   | 0.00 |   | 23,000,000.00 |
| af3                                 |   |                       | 73316PCC2                           |                                                            | 41,000,000.00  |                            | 0.00          |                           | 157,830.43    |                           | 157,830.43 |   |   |   | 157,830.43 |   | 0.00 |   | 41,000,000.00 |
| af4                                 |   |                       | 73316PCD0                           |                                                            | 30,600,000.00  |                            | 0.00          |                           | 130,671.30    |                           | 130,671.30 |   |   |   | 130,671.30 |   | 0.00 |   | 30,600,000.00 |
| af5                                 |   |                       | 73316PCE8                           |                                                            | 11,483,000.00  |                            | 0.00          |                           | 51,982.84     |                           | 51,982.84 |   |   |   | 51,982.84 |   | 0.00 |   | 11,483,000.00 |
| af6                                 |   |                       | 73316PCF5                           |                                                            | 13,000,000.00  |                            | 0.00          |                           | 54,159.96     |                           | 54,159.96 |   |   |   | 54,159.96 |   | 0.00 |   | 13,000,000.00 |
| av1a                                |   |                       | 73316PCG3                           |                                                            | 89,675,346.27  |                            | 2,805,070.83  |                           | 348,395.35    |                           | 3,153,466.18 |   |   |   | 348,395.35 |   | 0.00 |   | 86,870,275.44 |
| av1b                                |   |                       | 73316PCH1                           |                                                            | 22,419,040.10  |                            | 701,274.07    |                           | 88,693.67     |                           | 789,967.74 |   |   |   | 88,693.67 |   | 0.00 |   | 21,717,766.03 |
| av2                                 |   |                       | 73316PCJ7                           |                                                            | 35,007,475.43  |                            | 1,795,848.55  |                           | 136,317.77    |                           | 1,932,166.32 |   |   |   | 136,317.77 |   | 0.00 |   | 33,211,626.88 |
| b1                                  |   |                       | 73316PCR9                           |                                                            | 6,363,000.00   |                            | 0.00          |                           | 33,875.19     |                           | 33,875.19 |   |   |   | 33,875.19 |   | 0.00 |   | 6,363,000.00 |
| b2                                  |   |                       | 73316PCS7                           |                                                            | 5,780,000.00   |                            | 0.00          |                           | 30,771.43     |                           | 30,771.43 |   |   |   | 30,771.43 |   | 0.00 |   | 5,780,000.00 |
| b3                                  |   |                       | 73316PCT5                           |                                                            | 7,477,000.00   |                            | 0.00          |                           | 39,805.88     |                           | 39,805.88 |   |   |   | 39,805.88 |   | 0.00 |   | 7,477,000.00 |
| m1                                  |   |                       | 73316PCK4                           |                                                            | 37,119,000.00  |                            | 0.00          |                           | 167,540.58    |                           | 167,540.58 |   |   |   | 167,540.58 |   | 0.00 |   | 37,119,000.00 |
| m2                                  |   |                       | 73316PCL2                           |                                                            | 27,574,000.00  |                            | 0.00          |                           | 131,350.85    |                           | 131,350.85 |   |   |   | 131,350.85 |   | 0.00 |   | 27,574,000.00 |
| m3                                  |   |                       | 73316PCM0                           |                                                            | 4,772,000.00   |                            | 0.00          |                           | 23,320.26     |                           | 23,320.26 |   |   |   | 23,320.26 |   | 0.00 |   | 4,772,000.00 |
| m4                                  |   |                       | 73316PCN8                           |                                                            | 7,424,000.00   |                            | 0.00          |                           | 37,505.11     |                           | 37,505.11 |   |   |   | 37,505.11 |   | 0.00 |   | 7,424,000.00 |
| m5                                  |   |                       | 73316PCP3                           |                                                            | 4,242,000.00   |                            | 0.00          |                           | 21,914.28     |                           | 21,914.28 |   |   |   | 21,914.28 |   | 0.00 |   | 4,242,000.00 |
| m6                                  |   |                       | 73316PCQ1                           |                                                            | 6,098,000.00   |                            | 0.00          |                           | 31,502.42     |                           | 31,502.42 |   |   |   | 31,502.42 |   | 0.00 |   | 6,098,000.00 |
| r1                                  |   |                       | n/a                                 |                                                            | 0.00           |                            | 0.00          |                           | 0.00          |                           | 0.00 |   |   |   | 0.00 |   | 0.00 |   | 0.00 |
| r2                                  |   |                       | n/a                                 |                                                            | 0.00           |                            | 0.00          |                           | 0.00          |                           | 0.00 |   |   |   | 0.00 |   | 0.00 |   | 0.00 |
| x                                   |   |                       | n/a                                 |                                                            | 454,283,834.26 |                            | 13,312,851.75 |                           | 0.00          |                           | 13,312,851.75 |   |   |   | 0.00 |   | 0.00 |   | 440,970,982.51 |
|                                |   |                       |                                |                                                            |           |                            |          |                           |          |                           |   |   |   |   |   |   |   |   |   |
|                                |   |                       | **Payable                  Totals** |                                                            | 27,199,588.45  |                            | 1,852,059.34  |                           | 29,051,647.79 |                           | 0.00 |   | 1,852,059.34 |   | 0.00 |   | 874,179,992.66 |
|                                |   |                       | **Grand                  Totals**   |                                                            |           | 27,199,588.45                   |          | 1,852,059.34                   |          | 29,051,647.79                  |   | 0.00 |   | 1,852,059.34 |   | 0.00 |   | 874,179,992.66 |

----