<PAGE>
                                                                     Exhibit 4.1

================================================================================


                        ASSET BACKED FUNDING CORPORATION,
                                    DEPOSITOR

                      COUNTRYWIDE HOME LOANS SERVICING LP,
                                    SERVICER

                                       AND

                              JPMORGAN CHASE BANK,
                                     TRUSTEE

                         POOLING AND SERVICING AGREEMENT

                           DATED AS OF OCTOBER 1, 2004

                  FIRST FRANKLIN MORTGAGE LOAN TRUST 2004-FF10

                   ASSET-BACKED CERTIFICATES, SERIES 2004-FF10


================================================================================

<PAGE>

                                TABLE OF CONTENTS

<TABLE>
<CAPTION>
                                                                                                               Page
                                                                                                               ----
<S>                                                                                                             <C>
ARTICLE I DEFINITIONS                                                                                             4

   Section 1.01   Defined Terms...............................................................................    4
   Section 1.02   Accounting..................................................................................   51
   Section 1.03   Rights of the NIMS Insurer..................................................................   52

ARTICLE II CONVEYANCE OF MORTGAGE LOANS; ORIGINAL ISSUANCE OF CERTIFICATES                                       52

   Section 2.01   Conveyance of Mortgage Loans................................................................   52
   Section 2.02   Acceptance by Trustee.......................................................................   54
   Section 2.03   Repurchase or Substitution of Mortgage Loans by the Originator or the Seller................   55
   Section 2.04   Execution of Yield Maintenance Agreements...................................................   59
   Section 2.05   Representations, Warranties and Covenants of the Servicer...................................   60
   Section 2.06   Representations and Warranties of the Depositor.............................................   62
   Section 2.07   Issuance of Certificates and the Uncertificated Regular Interests...........................   63

ARTICLE III ADMINISTRATION AND SERVICING OF THE TRUST FUND                                                       64

   Section 3.01   Servicer to Act as Servicer.................................................................   64
   Section 3.02   Collection of Mortgage Loan Payments........................................................   66
   Section 3.03   Realization Upon Defaulted Mortgage Loans...................................................   67
   Section 3.04   Collection Accounts, Distribution Account and Reserve Accounts..............................   68
   Section 3.05   Permitted Withdrawals From the Collection Accounts..........................................   73
   Section 3.06   Establishment of Escrow Accounts; Deposits in Escrow Accounts...............................   75
   Section 3.07   Permitted Withdrawals From Escrow Account...................................................   75
   Section 3.08   Payment of Taxes, Insurance and Other Charges; Collections Thereunder.......................   76
   Section 3.09   Transfer of Accounts........................................................................   76
   Section 3.10   Maintenance of Hazard Insurance.............................................................   76
   Section 3.11   Maintenance of Mortgage Impairment Insurance Policy.........................................   77
   Section 3.12   Fidelity Bond, Errors and Omissions Insurance...............................................   78
   Section 3.13   Title, Management and Disposition of REO Property...........................................   78
   Section 3.14   Due-on-Sale Clauses; Assumption and Substitution Agreements.................................   80
   Section 3.15   Notification of Adjustments.................................................................   81
   Section 3.16   Optional Purchases of Mortgage Loans by Servicer............................................   82
   Section 3.17   Trustee to Cooperate; Release of Files......................................................   82
   Section 3.18   Servicing Compensation......................................................................   83
   Section 3.19   Annual Statement as to Compliance...........................................................   84
   Section 3.20   Annual Independent Certified Public Accountants' Reports....................................   84
   Section 3.21   Access to Certain Documentation and Information Regarding the Mortgage Loans................   85
   Section 3.22   Duties of Credit Risk Manager...............................................................   85
   Section 3.23   Obligations of the Servicer in Respect of Compensating Interest.............................   85
</TABLE>

                                       -i-
<PAGE>

<TABLE>
<S>                                                                                                             <C>
   Section 3.24   Obligations of the Servicer in Respect of Mortgage Interest Rates and Monthly Payments......   86
   Section 3.25   Investment of Funds in the Collection Accounts..............................................   86
   Section 3.26   Liability of Servicer; Indemnification......................................................   87
   Section 3.27   Reports of Foreclosure and Abandonment of Mortgaged Properties..............................   87
   Section 3.28   Protection of Assets........................................................................   88
   Section 3.29   Limitation of Liability of the Credit Risk Manager..........................................   88
   Section 3.30   No Personal Solicitation....................................................................   88
   Section 3.31   Periodic Filings............................................................................   89
   Section 3.32   Credit Reporting; Gramm-Leach-Bliley Act....................................................   91
   Section 3.33   Policy; Claims Under the PMI Policy.........................................................   91

ARTICLE IV FLOW OF FUNDS                                                                                         92

   Section 4.01   Interest Distributions......................................................................   92
   Section 4.02   Distributions of Principal and Monthly Excess Cashflow Amounts..............................   93
   Section 4.03   Allocation of Losses........................................................................   97
   Section 4.04   Method of Distribution......................................................................   97
   Section 4.05   Distributions on Book-Entry Certificates....................................................   98
   Section 4.06   Statements..................................................................................   98
   Section 4.07   Remittance Reports; Advances................................................................  101
   Section 4.08   REMIC Distributions and Allocation of Losses................................................  103

ARTICLE V THE CERTIFICATES                                                                                      105

   Section 5.01   The Certificates............................................................................  105
   Section 5.02   Registration of Transfer and Exchange of Certificates.......................................  106
   Section 5.03   Mutilated, Destroyed, Lost or Stolen Certificates...........................................  111
   Section 5.04   Persons Deemed Owners.......................................................................  111
   Section 5.05   Appointment of Paying Agent.................................................................  111

ARTICLE VI THE SERVICER AND THE DEPOSITOR                                                                       112

   Section 6.01   Liability of the Servicer and the Depositor.................................................  112
   Section 6.02   Merger or Consolidation of, or Assumption of the Obligations of,
                   the Servicer or the Depositor. ............................................................  112
   Section 6.03   Limitation on Liability of the Servicer and Others..........................................  112
   Section 6.04   Servicer Not to Resign......................................................................  113
   Section 6.05   Delegation of Duties........................................................................  114

ARTICLE VII DEFAULT                                                                                             116

   Section 7.01   Servicer Events of Termination..............................................................  116
   Section 7.02   Trustee to Act; Appointment of Successor....................................................  118
   Section 7.03   Waiver of Defaults..........................................................................  119
   Section 7.04   Notification to Certificateholders..........................................................  119
   Section 7.05   Survivability of Servicer Liabilities.......................................................  120
</TABLE>

                                      -ii-
<PAGE>

<TABLE>
<S>                                                                                                             <C>
ARTICLE VIII THE TRUSTEE                                                                                        120

   Section 8.01   Duties of Trustee...........................................................................  120
   Section 8.02   Certain Matters Affecting the Trustee.......................................................  122
   Section 8.03   Trustee Not Liable for Certificates or Mortgage Loans.......................................  123
   Section 8.04   Trustee May Own Certificates................................................................  124
   Section 8.05   Trustee Expenses............................................................................  124
   Section 8.06   Eligibility Requirements for Trustee........................................................  124
   Section 8.07   Resignation or Removal of Trustee...........................................................  125
   Section 8.08   Successor Trustee...........................................................................  125
   Section 8.09   Merger or Consolidation of Trustee..........................................................  126
   Section 8.10   Appointment of Co-Trustee or Separate Trustee...............................................  126
   Section 8.11   Limitation of Liability.....................................................................  127
   Section 8.12   Trustee May Enforce Claims Without Possession of Certificates...............................  127
   Section 8.13   Suits for Enforcement.......................................................................  128
   Section 8.14   Waiver of Bond Requirement..................................................................  128
   Section 8.15   Waiver of Inventory, Accounting and Appraisal Requirement...................................  128

ARTICLE IX REMIC AND GRANTOR TRUST ADMINISTRATION                                                               129

   Section 9.01   REMIC Administration........................................................................  129
   Section 9.02   Prohibited Transactions and Activities......................................................  131
   Section 9.03   Indemnification with Respect to Certain Taxes and Loss of REMIC Status......................  131
   Section 9.04   REO Property................................................................................  132
   Section 9.05   Grantor Trust Administration................................................................  132

ARTICLE X TERMINATION                                                                                           133

   Section 10.01  Termination.................................................................................  133
   Section 10.02  Additional Termination Requirements.........................................................  135

ARTICLE XI MISCELLANEOUS PROVISIONS                                                                             135

   Section 11.01  Amendment...................................................................................  135
   Section 11.02  Recordation of Agreement; Counterparts......................................................  137
   Section 11.03  Limitation on Rights of Certificateholders..................................................  137
   Section 11.04  Governing Law; Jurisdiction.................................................................  138
   Section 11.05  Notices.....................................................................................  138
   Section 11.06  Severability of Provisions..................................................................  139
   Section 11.07  Article and Section References..............................................................  139
   Section 11.08  Notice to the Rating Agencies and the NIMS Insurer..........................................  139
   Section 11.09  Further Assurances..........................................................................  140
   Section 11.10  Third Party Beneficiary.....................................................................  140
   Section 11.11  Acts of Certificateholders..................................................................  140
</TABLE>

                                      -iii-
<PAGE>

                                    EXHIBITS:

Exhibit A-1                Form of Class A-1 Certificate
Exhibit A-2                Form of Class A-2 Certificate
Exhibit A-3                Form of Class A-3 Certificate
Exhibit B-1                Form of Class M-1 Certificate
Exhibit B-2                Form of Class M-2 Certificate
Exhibit B-3                Form of Class M-3 Certificate
Exhibit B-4                Form of Class M-4 Certificate
Exhibit B-5                Form of Class M-5 Certificate
Exhibit B-6                Form of Class M-6 Certificate
Exhibit B-7A               Form of Class M-7A Certificate
Exhibit B-7B               Form of Class M-7F Certificate
Exhibit C-1                Form of Class CE Certificate
Exhibit C-2                Form of Class P Certificate
Exhibit C-3                Form of Class R Certificate
Exhibit D                  Mortgage Loan Schedule
Exhibit E                  Form of Request for Release of Documents
Exhibit F-1                Form of Trustee's Initial Certification
Exhibit F-2                Form of Trustee's Final Certification
Exhibit F-3                Form of Receipt of Mortgage Note
Exhibit G                  Mortgage Loan Purchase Agreement
Exhibit H                  Form of Lost Note Affidavit
Exhibit I                  Form of ERISA Representation
Exhibit J                  Form of Investment Letter
Exhibit K                  Form of Class R Certificate Transfer Affidavit
Exhibit L                  Form of Transferor Certificate
Exhibit M                  Monthly Information Delivered by Servicer
Exhibit N-1                Form of Yield Maintenance Agreement relating to the
                           Class A  Certificates
Exhibit N-2                Form of Yield Maintenance Agreement relating to the
                           Class M-1, Class M-2 and Class M-3 Certificates
Exhibit N-3                Form of Yield Maintenance Agreement relating to the
                           Class M-4, Class M-5, Class M-6 and
                           Class M-7A Certificates
Exhibit O                  Form of Certification
Exhibit P-1                Form of Certification to be Provided by the Trustee
                           to the Depositor
Exhibit P-2                Form of Certification to be Provided by the Servicer
                           to the Depositor

                                      -iv-
<PAGE>

          ASSET BACKED FUNDING CORPORATION, as depositor (the "Depositor"),
COUNTRYWIDE HOME LOANS SERVICING LP, as servicer (the "Servicer"), and JPMORGAN
CHASE BANK, as trustee (the "Trustee"), are entering into this Pooling and
Servicing Agreement, dated as of October 1, 2004 (the "Agreement").

                              PRELIMINARY STATEMENT

          The Depositor intends to sell pass-through certificates (collectively,
the "Certificates"), to be issued hereunder in multiple Classes, which in the
aggregate will evidence the entire beneficial ownership interest in the Trust
Fund created hereunder. The Certificates will consist of fourteen Classes of
Certificates, designated as (i) the Class A-1, Class A-2 and Class A-3
Certificates, (ii) the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5,
Class M-6, Class M-7A and Class M-7F Certificates, (iii) the Class CE
Certificates, (iv) the Class P Certificates and (v) the Class R Certificate.

                                     REMIC 1

          As provided herein, the Trustee will make an election to treat the
segregated pool of assets consisting of the Mortgage Loans and certain other
related assets subject to this Agreement (but exclusive of the Yield Maintenance
Agreements, the Reserve Accounts, the Cap Carryover Amounts, the Originator
Prepayment Charge Payment Amounts and the Servicer Prepayment Charge Payment
Amounts) as a real estate investment conduit (a "REMIC") for federal income tax
purposes, and such segregated pool of assets will be designated as "REMIC 1."
The Class R-1 Interest will represent the sole class of "residual interests" in
REMIC 1 for purposes of the REMIC Provisions under federal income tax law. The
following table irrevocably sets forth the designation, the Uncertificated REMIC
1 Pass-Through Rate, the initial Uncertificated Principal Balance, and solely
for purposes of satisfying Treasury Regulations Section 1.860G-1(a)(4)(iii), the
"latest possible maturity date" for each of the REMIC 1 Regular Interests. None
of the REMIC 1 Regular Interests will be certificated.

<PAGE>

<TABLE>
<CAPTION>
                   Uncertificated
                 REMIC Pass-Through    Initial Uncertificated   Latest Possible Maturity
 Designation            Rate                   Balance                   Date
-------------   --------------------   ----------------------   -----------------------
<S>                 <C>                  <C>                       <C>
LT1AA               Variable (2)         $ 1,366,981,097.08        November 25, 2034
LT1A1               Variable (2)         $     3,780,100.00        November 25, 2034
LT1A2               Variable (2)         $     7,143,990.00        November 25, 2034
LT1A3               Variable (2)         $     1,490,330.00        November 25, 2034
LT1M1               Variable (2)         $       774,150.00        November 25, 2034
LT1M2               Variable (2)         $       320,830.00        November 25, 2034
LT1M3               Variable (2)         $       132,510.00        November 25, 2034
LT1M4               Variable (2)         $        69,740.00        November 25, 2034
LT1M5               Variable (2)         $        69,740.00        November 25, 2034
LT1M6               Variable (2)         $        69,740.00        November 25, 2034
LT1M7A              Variable (2)         $        28,830.00        November 25, 2034
LT1M7F              Variable (2)         $        20,000.00        November 25, 2034
LT1ZZ               Variable (2)         $    13,997,613.41        November 25, 2034
LT1P                Variable (2)         $           100.00        November 25, 2034
</TABLE>

(1)  Solely for purposes of Treasury Regulations Section 1.860G-1(a)(4)(iii),
     the Distribution Date in the month following the maturity date for the
     Mortgage Loan with the latest maturity date has been designated as the
     "latest possible maturity date" for each REMIC 1 Regular Interest.

(2)  Calculated in accordance with the definition of "Uncertificated REMIC 1
     Pass-Through Rate" herein.

          The foregoing REMIC structure is intended to cause all the cash from
the Mortgage Loans to flow through REMIC 2 as cash flow on a Regular
Certificate, without creating any shortfall, actual or potential (other than for
credit losses), to any REMIC Regular Certificate. To the extent that the
structure is believed to diverge from such intention, the party identifying such
ambiguity or drafting error shall notify the other parties hereto, and the
parties hereto shall attempt to resolve such ambiguity or drafting error in
accordance with Section 11.01 herein.

                                       -2-
<PAGE>

                                     REMIC 2

          As provided herein, the Trustee shall make an election to treat the
segregated pool of assets consisting of the REMIC 1 Regular Interests as a REMIC
for federal income tax purposes, and such segregated pool of assets will be
designated as "REMIC 2." The Class R-2 Interest represents the sole class of
"residual interests" in REMIC 2 for purposes of the REMIC Provisions.

          The following table sets forth (or describes) the Class designation,
Certificate Interest Rate and Original Class Certificate Principal Balance for
each Class of Certificates comprising the interests in the Trust Fund created
hereunder:

            Original Class
             Certificate           Certificate         Assumed Final
Class      Principal Balance      Interest Rate       Maturity Dates
-------   ------------------   ------------------   ------------------
A-1       $      378,010,000           (1)           October 25, 2013
A-2       $      714,399,000           (2)           December 25, 2032
A-3       $      149,033,000           (3)          September 25, 2034
M-1       $       77,415,000           (4)             July 25, 2034
M-2       $       32,083,000           (5)             May 25, 2034
M-3       $       13,251,000           (6)           January 25, 2034
M-4       $        6,974,000           (7)          September 25, 2034
M-5       $        6,974,000           (8)             June 25, 2033
M-6       $        6,974,000           (9)           November 25, 2032
M-7A      $        2,883,000          (10)             May 25, 2031
M-7F      $        2,000,000       5.500% per
                                   annum (11)          May 25, 2031
CE                       (12)         (12)                  N/A
P (13)    $           100.00          N/A                   N/A
R                        N/A          N/A                   N/A

(1)  Interest will accrue on the Class A-1 Certificates during each Interest
     Accrual Period at a rate equal to the lesser of: (i) the Class A-1
     Pass-Through Rate and (ii) the Pool Cap for such Distribution Date.
(2)  Interest will accrue on the Class A-2 Certificates during each Interest
     Accrual Period at a rate equal to the lesser of: (i) the Class A-2
     Pass-Through Rate and (ii) the Pool Cap for such Distribution Date.
(3)  Interest will accrue on the Class A-3 Certificates during each Interest
     Accrual Period at a rate equal to the lesser of: (i) the Class A-3
     Pass-Through Rate and (ii) the Pool Cap for such Distribution Date.
(4)  Interest will accrue on the Class M-1 Certificates during each Interest
     Accrual Period at a rate equal to the lesser of: (i) the Class M-1
     Pass-Through Rate and (ii) the Pool Cap for such Distribution Date.
(5)  Interest will accrue on the Class M-2 Certificates during each Interest
     Accrual Period at a rate equal to the lesser of: (i) the Class M-2
     Pass-Through Rate and (ii) the Pool Cap for such Distribution Date.
(6)  Interest will accrue on the Class M-3 Certificates during each Interest
     Accrual Period at a rate equal to the lesser of: (i) the Class M-3
     Pass-Through Rate and (ii) the Pool Cap for such Distribution Date.
(7)  Interest will accrue on the Class M-4 Certificates during each Interest
     Accrual Period at a rate equal to the lesser of: (i) the Class M-4
     Pass-Through Rate and (ii) the Pool Cap for such Distribution Date.
(8)  Interest will accrue on the Class M-5 Certificates during each Interest
     Accrual Period at a rate equal to the lesser of: (i) the Class M-5
     Pass-Through Rate and (ii) the Pool Cap for such Distribution Date.
(9)  Interest will accrue on the Class M-6 Certificates during each Interest
     Accrual Period at a rate equal to the lesser of: (i) the Class M-6
     Pass-Through Rate and (ii) the Pool Cap for such Distribution Date.
(10) Interest will accrue on the Class M-7A Certificates during each Interest
     Accrual Period at a rate equal to the lesser of: (i) the Class M-7A
     Pass-Through Rate and (ii) the Pool Cap for such Distribution Date.

                                       -3-
<PAGE>

(11) Interest will accrue on the Class M-7F Certificates at the indicated fixed
     rate (increased to 6.00% per annum for Interest Accrual Periods relating to
     Distribution Dates after the Optional Termination Date) subject to the Pool
     Cap for such Distribution Date.
(12) Solely for REMIC purposes, the Class CE Certificates (i) will have an
     Original Class Certificate Principal Balance equal to the Initial
     Overcollateralization Amount and (ii) will bear interest at its
     Pass-Through Rate on the Notional Amount of the Class CE Certificates.
(13) The Class P Certificate will not bear interest.

                                    ARTICLE I

                                   DEFINITIONS

          Section 1.01   Defined Terms.

          Whenever used in this Agreement or in the Preliminary Statement, the
following words and phrases, unless the context otherwise requires, shall have
the meanings specified in this Article. Interest on all Classes of REMIC 1
Regular Interests and the Class M-7F Certificates will be calculated on the
basis of a 360-day year consisting of twelve 30-day months. Interest on all
Regular Certificates (other than the Class M-7F Certificates) will be calculated
on the basis of the actual number of days in the related Interest Accrual Period
and a 360-day year.

          "1933 Act": The Securities Act of 1933, as amended.

          "60+ Day Delinquent Loan": Each Mortgage Loan (including each Mortgage
Loan in foreclosure and each Mortgage Loan for which the Mortgagor has filed for
bankruptcy after the Closing Date) with respect to which any portion of a
Monthly Payment is, as of the last day of the prior Collection Period, two
months or more past due and each Mortgage Loan relating to an REO Property.

          "Account": Any of the Trust Collection Account, the DA Reserve
Account, the Distribution Account, the Class A Reserve Account, the Class M-1,
Class M-2 and Class M-3 Reserve Account, the Class M-4, Class M-5, Class M-6 and
Class M-7A Reserve Account or the Escrow Account.

          "Accrued Certificate Interest": With respect to each Distribution Date
and each Class A and Class M Certificates, an amount equal to the interest
accrued at the Certificate Interest Rate described opposite such Class in the
table in the Preliminary Statement during the related Interest Accrual Period on
the Certificate Principal Balance of such Class of Certificates, reduced by such
Class' Interest Percentage of Prepayment Interest Shortfalls (not covered by
Compensating Interest) and Relief Act Interest Shortfalls for such Distribution
Date allocated to such class pursuant to Section 4.01.

          "Adjustable-Rate Mortgage Loan": A Mortgage Loan which has a rate at
which interest accrues that adjusts based on the Index plus a related Gross
Margin, as set forth and subject to the limitations in the related Mortgage
Note.

          "Adjustment Date": With respect to each Adjustable-Rate Mortgage Loan,
each adjustment date on which the Mortgage Interest Rate of such Adjustable-Rate
Mortgage Loan changes pursuant to the related Mortgage Note. The first
Adjustment Date following the Cut-off Date as to each Adjustable-Rate Mortgage
Loan is set forth in the Mortgage Loan Schedule.

                                       -4-
<PAGE>

          "Advance": As to any Mortgage Loan, any advance made by the Servicer
in respect of any Distribution Date pursuant to Section 4.07.

          "Adverse REMIC Event": As defined in Section 9.01(f) hereof.

          "Affiliate": With respect to any Person, any other Person controlling,
controlled by or under common control with such Person. For purposes of this
definition, "control" means the power to direct the management and policies of a
Person, directly or indirectly, whether through ownership of voting securities,
by contract or otherwise and "controlling" and "controlled" shall have meanings
correlative to the foregoing.

          "Aggregate Overcollateralization Release Amount": With respect to any
Distribution Date, the lesser of (i) the Principal Remittance Amount and (ii)
the Overcollateralization Release Amount.

          "Agreement": This Pooling and Servicing Agreement and all amendments
and supplements hereto.

          "Applicable Regulations": As to any Mortgage Loan, all federal, state
and local laws, statutes, rules and regulations applicable thereto.

          "Applied Realized Loss Amount": With respect to each Distribution
Date, the excess, if any, of (a) the aggregate of the Certificate Principal
Balances of the Class A and Class M Certificates (after giving effect to the
distribution of the Principal Distribution Amount on such Distribution Date and
any increase in any Certificate Principal Balance as a result of Subsequent
Recoveries) over (b) the Pool Balance as of the end of the related Collection
Period.

          "Assignment": An assignment of Mortgage, notice of transfer or
equivalent instrument, in recordable form, which is sufficient under the laws of
the jurisdiction wherein the related Mortgaged Property is located to reflect or
record the sale of the Mortgage.

          "Assignment, Assumption and Recognition Agreement": The Assignment,
Assumption and Recognition Agreement, dated October 21, 2004, among the
Depositor, the Seller and the Originator.

          "Assumed Final Maturity Date": As to each Class of Certificates, the
date set forth as such in the Preliminary Statement.

          "Available Funds": As to any Distribution Date, an amount equal to the
excess of (i) the sum of (a) the aggregate of the Monthly Payments due during
the related Collection Period and received on or prior to the related
Determination Date by the Servicer, (b) Liquidation Proceeds, Insurance
Proceeds, Condemnation Proceeds, Principal Prepayments, Substitution
Adjustments, the Purchase Price for any repurchased Mortgage Loan, the
Termination Price with respect to the termination of the Trust pursuant to
Section 10.01 hereof and other unscheduled recoveries of principal and interest
(excluding Prepayment Charges, Originator Prepayment Charge Payment Amounts, and
Servicer Prepayment Charge Payment Amounts) in respect of the Mortgage Loans
during the related Prepayment Period, (c) the aggregate of any amounts received
in respect of an REO Property deposited in the Trust Collection Account for such

                                       -5-
<PAGE>

Distribution Date, (d) any Compensating Interest for such Distribution Date, (e)
the aggregate of any Advances made by the Servicer for such Distribution Date,
(f) the aggregate amount of DA Dividends deposited in the Distribution Account
for such Distribution Date and (g) any Reimbursement Amount or Subsequent
Recovery deposited into the Trust Collection Account during the related
Prepayment Period over (ii) the sum of (a) amounts reimbursable or payable to
the Servicer pursuant to Sections 3.05 or 6.03, (b) amounts reimbursable or
payable to the Trustee pursuant to Section 8.05 or Section 9.01(c), (c) Stayed
Funds, (d) the Servicing Fee and (e) amounts deposited in the Collection Account
or the Distribution Account, as the case may be, in error.

          "Balloon Mortgage Loan": Each of the Mortgage Loans having an original
term to maturity that is shorter than the related amortization term.

          "Bankruptcy Code": Title 11 of the United States Code, as amended.

          "Book-Entry Certificates": Any of the Certificates that shall be
registered in the name of the Depository or its nominee, the ownership of which
is reflected on the books of the Depository or on the books of a Person
maintaining an account with the Depository (directly, as a "Depository
Participant," or indirectly, as an indirect participant in accordance with the
rules of the Depository and as described in Section 5.02 hereof). On the Closing
Date, the Class A-1, Class A-2, Class A-3, Class M-1, Class M-2, Class M-3,
Class M-4, Class M-5, Class M-6, Class M-7A and Class M-7F Certificates shall be
Book-Entry Certificates.

          "Business Day": Any day other than a Saturday, a Sunday or a day on
which banking institutions in the State of New York, the State of California,
the State of Texas or in the city in which the Corporate Trust Office of the
Trustee is located are authorized or obligated by law or executive order to be
closed.

          "Cap Carryover Amount": If on any Distribution Date, the Accrued
Certificate Interest for any Class of Class A or Class M Certificate is based
upon the Pool Cap, the excess of (i) the amount of interest such Certificate
would have been entitled to receive on such Distribution Date based on the
related Pass-Through Rate, over (ii) the amount of interest such Certificate
received on such Distribution Date based on the Pool Cap, together with the
unpaid portion of any such excess from prior Distribution Dates (and interest
accrued thereon at the then applicable Pass-Through Rate on such Certificate).

          "Certificate": Any Regular Certificate or Class R Certificate.

          "Certificate Custodian": Initially, JPMorgan Chase Bank; thereafter
any other Certificate Custodian acceptable to the Depository and selected by the
Trustee.

          "Certificate Interest Rate": With respect to each Distribution Date
during the Interest Accrual Period and (a) each Class of Class A and Class M
Certificates (other than the Class M-7F Certificates), a per annum rate equal to
the lesser of (i) the related Pass-Through Rate and (ii) the Pool Cap for such
Distribution Date, (b) the Class M-7F Certificates, a per annum rate equal to
the lesser of (i) the Class M-7F Fixed Rate and (ii) the Pool Cap for such
Distribution Date and (c) the Class CE Certificates, the related Pass-Through
Rate.

                                       -6-
<PAGE>

          "Certificate Owner": With respect to each Book-Entry Certificate, any
beneficial owner thereof.

          "Certificate Principal Balance": With respect to any Class of
Certificates (other than the Class CE and Class R Certificates) and any
Distribution Date, the Original Class Certificate Principal Balance (a) reduced
by the sum of (i) all amounts actually distributed in respect of principal of
such Class on all prior Distribution Dates and (ii) Applied Realized Loss
Amounts allocated thereto for previous Distribution Dates and (b) increased by
any Subsequent Recoveries allocated to such Class for previous Distribution
Dates. The Class R Certificates do not have a Certificate Principal Balance.
With respect to the Class CE Certificate and any Distribution Date, the excess,
if any, of the then aggregate Uncertificated Principal Balances of the REMIC 1
Regular Interests over the aggregate Certificate Principal Balance of the Class
A Certificates, the Class M Certificates and the Class P Certificates then
outstanding. With respect to any Certificate (other than a Class R Certificate)
of a Class and any Distribution Date, the portion of the Certificate Principal
Balance of such Class represented by such Certificate equal to the product of
the Percentage Interest evidenced by such Certificate and the Certificate
Principal Balance of such Class.

          "Certificate Register" and "Certificate Registrar": The register
maintained and registrar appointed pursuant to Section 5.02 hereof.

          "Certificateholder" or "Holder": The Person in whose name a
Certificate is registered in the Certificate Register, except that a
Disqualified Organization or non-U.S. Person shall not be a Holder of the Class
R Certificate for any purpose hereof.

          "Certification": As defined in Section 3.31(b) hereof.

          "Class": Collectively, Certificates or REMIC Regular Interests which
have the same priority of payment and bear the same class designation and the
form of which is identical except for variation in the Percentage Interest
evidenced thereby.

          "Class A Cap Amount": With respect to each Distribution Date and each
Class of Class A Certificates, the product of (i) the Class A Yield Maintenance
Agreement Payment for such Distribution Date and (ii) a fraction, the numerator
of which is the Certificate Principal Balance of such Class immediately prior to
such Distribution Date and the denominator of which is the aggregate Certificate
Principal Balance of the Class A Certificates immediately prior to such
Distribution Date.

          "Class A Certificate": Any one of the Certificates with an "A"
designated on the face thereof substantially in the form annexed hereto as
Exhibits A-1, A-2 and A-3, executed by the Trustee on behalf of the Trust and
authenticated and delivered by the Certificate Registrar, representing the right
to distributions as set forth herein and therein.

          "Class A Certificateholders": Collectively, the Holders of the Class A
Certificates.

          "Class A Reserve Account": The trust account created and maintained by
the Trustee pursuant to Section 3.04(g) which shall be entitled "Class A Reserve
Account, JPMorgan

                                       -7-
<PAGE>

Chase Bank, as Trustee, in trust for registered Holders of the Class A-1, Class
A-2 and Class A-3 Certificates of the First Franklin Mortgage Loan Trust
2004-FF10 Trust, Asset-Backed Certificates, Series 2004-FF10" and which must be
an Eligible Account. Amounts on deposit in the Class A Reserve Account shall not
be invested. The Class A Reserve Account shall not be an asset of any REMIC
formed under this Agreement.

          "Class A Yield Maintenance Agreement": The interest rate cap agreement
between the Trustee, on behalf of the Trust, and the Yield Maintenance Agreement
Provider substantially in the form attached hereto as Exhibit N-1. The Class A
Yield Maintenance Agreement shall not be an asset of any REMIC formed under this
Agreement.

          "Class A Yield Maintenance Agreement Payment": On each Distribution
Date through the Distribution Date in March 2008, the amount equal to the
product of (a) the excess of the lesser of (i) One-Month LIBOR and (ii) the
applicable ceiling rate over the applicable strike rate for such Distribution
Date, in each case as set forth on the schedule attached to the confirmation to
the Class A Yield Maintenance Agreement for such Distribution Date, (b) the
product of the cap notional amount and the scale factor, both as set forth on
the schedule attached to the confirmation to the Class A Yield Maintenance
Agreement for such Distribution Date and (c) a fraction, the numerator of which
is the actual number of days elapsed since the previous Distribution Date (or
the Closing Date, in the case of the first Distribution Date) to but excluding
the current Distribution Date and the denominator of which is 360.

          "Class A-1 Certificate Margin": For each Distribution Date (i) on or
prior to the Optional Termination Date, 0.170% per annum, and (ii) following the
Optional Termination Date, 0.340% per annum.

          "Class A-1 Pass-Through Rate": For each Distribution Date, a rate per
annum equal to the lesser of (a) One-Month LIBOR as of the related LIBOR
Determination Date, plus the Class A-1 Certificate Margin and (b) the Maximum
Rate Cap.

          "Class A-2 Certificate Margin": For each Distribution Date (i) on or
prior to the Optional Termination Date, 0.400% per annum, and (ii) following the
Optional Termination Date, 0.800% per annum.

          "Class A-2 Pass-Through Rate": For each Distribution Date, a rate per
annum equal to the lesser of (a) One-Month LIBOR as of the related LIBOR
Determination Date, plus the Class A-2 Certificate Margin and (b) the Maximum
Rate Cap.

          "Class A-3 Certificate Margin": For each Distribution Date (i) on or
prior to the Optional Termination Date, 0.540% per annum, and (ii) following the
Optional Termination Date, 1.080% per annum.

          "Class A-3 Pass-Through Rate": For each Distribution Date, a rate per
annum equal to the lesser of (a) One-Month LIBOR as of the related LIBOR
Determination Date, plus the Class A-3 Certificate Margin and (b) the Maximum
Rate Cap.

          "Class CE Certificates": Any one of the Class CE Certificates as
designated on the face thereof substantially in the form annexed hereto as
Exhibit C-1, executed by the Trustee

                                       -8-
<PAGE>

on behalf  of the  Trust and  authenticated  and  delivered  by the  Certificate
Registrar,  representing  the right to  distributions  as set forth  herein  and
therein and representing an interest in REMIC 2.

          "Class CE Distributable Amount": With respect to any Distribution
Date, the sum of (i) the interest accrued on such Class CE Certificate at its
Pass-Through Rate calculated on its Notional Amount less the amount (without
duplication) of Cap Carryover Amounts paid pursuant to Section 4.02(b)(xxiv),
(ii) any remaining Aggregate Overcollateralization Release Amounts, (iii) the
aggregate of amounts remaining in the Class A Reserve Account after the
distributions in Section 3.04(g)(i)(A), as specified in Section 3.04(g)(i)(D),
(iv) the aggregate of amounts remaining in the Class M-1, Class M-2 and Class
M-3 Reserve Account after the distributions in Section 3.04(g)(i)(B), as
specified in Section 3.04(g)(i)(D) and (v) the aggregate of amounts remaining in
the Class M-4, Class M-5, Class M-6 and Class M-7A Reserve Account after the
distributions in Section 3.04(g)(i)(C), as specified in Section 3.04(g)(i)(D).

          "Class M Certificate": Any one of the Certificates with an "M"
designated on the face thereof substantially in the form annexed hereto as
Exhibit B-1, Exhibit B-2, Exhibit B-3, Exhibit B-4, Exhibit B-5, Exhibit B-6,
Exhibit B-7A and Exhibit B-7B, executed by the Trustee on behalf of the Trust
and authenticated and delivered by the Certificate Registrar, representing the
right to distributions as set forth herein and therein and representing an
interest in REMIC 2.

          "Class M Certificateholders": Collectively, the Holders of the Class M
Certificates.

          "Class M-1 Applied Realized Loss Amount": As to the Class M-1
Certificates and as of any Distribution Date, the lesser of (x) the Certificate
Principal Balance thereof (after taking into account the distribution of the
Principal Distribution Amount on such Distribution Date and any increase in
Certificate Principal Balance as a result of Subsequent Recoveries, but prior to
the application of the Class M-1 Applied Realized Loss Amount, if any, on such
Distribution Date) and (y) the excess of (i) the Applied Realized Loss Amount as
of such Distribution Date over (ii) the sum of the Class M-2 Applied Realized
Loss Amount, the Class M-3 Applied Realized Loss Amount, the Class M-4 Applied
Realized Loss Amount, the Class M-5 Applied Realized Loss Amount, the Class M-6
Applied Realized Loss Amount and the Class M-7 Applied Realized Loss Amount, in
each case as of such Distribution Date.

          "Class M-1 Certificate Margin": For each Distribution Date (i) on or
prior to the Optional Termination Date, 0.850% per annum, and (ii) following the
Optional Termination Date, 1.275% per annum.

          "Class M-1 Pass-Through Rate": For each Distribution Date, the lesser
of (a) One-Month LIBOR as of the related LIBOR Determination Date, plus the
Class M-1 Certificate Margin and (b) the Maximum Rate Cap.

          "Class M-1 Principal Distribution Amount": As of any Distribution Date
on or after the Stepdown Date and as long as a Trigger Event is not in effect,
the excess of (x) the sum of (i) the Certificate Principal Balances of the Class
A Certificates (after taking into account the payment of the Senior Principal
Distribution Amount on such Distribution Date) and (ii) the Certificate
Principal Balance of the Class M-1 Certificates immediately prior to such
Distribution

                                       -9-
<PAGE>

Date over (y) the  lesser of (A) the  product  of (i)  89.10%  and (ii) the Pool
Balance  as of the last day of the  related  Collection  Period and (B) the Pool
Balance as of the last day of the related Collection Period minus the product of
0.35% and the Pool Balance as of the Cut-off Date.

          "Class M-1 Realized Loss Amortization Amount": As to the Class M-1
Certificates and as of any Distribution Date, the lesser of (x) the Unpaid
Realized Loss Amount for the Class M-1 Certificates as of such Distribution Date
and (y) the excess of (i) the Monthly Excess Cashflow Amount over (ii) the sum
of the amounts described in Section 4.02(b)(i) through (iv) hereof, in each case
for such Distribution Date.

          "Class M-2 Applied Realized Loss Amount": As to the Class M-2
Certificates and as of any Distribution Date, the lesser of (x) the Certificate
Principal Balance thereof (after taking into account the distribution of the
Principal Distribution Amount on such Distribution Date and any increase in
Certificate Principal Balance as a result of Subsequent Recoveries, but prior to
the application of the Class M-2 Applied Realized Loss Amount, if any, on such
Distribution Date) and (y) the excess of (i) the related Applied Realized Loss
Amount as of such Distribution Date over (ii) the sum of the Class M-3 Applied
Realized Loss Amount, the Class M-4 Applied Realized Loss Amount, the Class M-5
Applied Realized Loss Amount, the Class M-6 Applied Realized Loss Amount and the
Class M-7 Applied Realized Loss Amount as of such Distribution Date.

          "Class M-2 Certificate Margin": For each Distribution Date (i) on or
prior to the Optional Termination Date, 1.550% per annum, and (ii) following the
Optional Termination Date, 2.325% per annum.

          "Class M-2 Pass-Through Rate": For each Distribution Date, the lesser
of (a) One-Month LIBOR as of the related LIBOR Determination Date, plus the
Class M-2 Certificate Margin and (b) the Maximum Rate Cap.

          "Class M-2 Principal Distribution Amount": As of any Distribution Date
on or after the Stepdown Date and as long as a Trigger Event is not in effect,
the excess of (x) the sum of (i) the Certificate Principal Balances of the Class
A Certificates (after taking into account the payment of the Senior Principal
Distribution Amount on such Distribution Date), (ii) the Certificate Principal
Balance of the Class M-1 Certificates (after taking into account the payment of
the Class M-1 Principal Distribution Amount on such Distribution Date) and (iii)
the Certificate Principal Balance of the Class M-2 Certificates immediately
prior to such Distribution Date over (y) the lesser of (A) the product of (i)
93.70% and (ii) the Pool Balance as of the last day of the related Collection
Period and (B) the Pool Balance as of the last day of the related Collection
Period minus the product of 0.35% and the Pool Balance as of the Cut-off Date.

          "Class M-2 Realized Loss Amortization Amount": As to the Class M-2
Certificates and as of any Distribution Date, the lesser of (x) the Unpaid
Realized Loss Amount for the Class M-2 Certificates as of such Distribution Date
and (y) the excess of (i) the Monthly Excess Cashflow Amount over (ii) the sum
of the amounts described in Section 4.02(b)(i) through (vii) hereof, in each
case for such Distribution Date.

                                      -10-
<PAGE>

          "Class M-3 Applied Realized Loss Amount": As to the Class M-3
Certificates and as of any Distribution Date, the lesser of (x) the Certificate
Principal Balance thereof (after taking into account the distribution of the
Principal Distribution Amount on such Distribution Date and any increase in
Certificate Principal Balance as a result of Subsequent Recoveries, but prior to
the application of the Class M-3 Applied Realized Loss Amount, if any, on such
Distribution Date) and (y) the excess of (i) the related Applied Realized Loss
Amount as of such Distribution Date over (ii) the sum of the Class M-4 Applied
Realized Loss Amount, the Class M-5 Applied Realized Loss Amount, the Class M-6
Applied Realized Loss Amount and the Class M-7 Applied Realized Loss Amount as
of such Distribution Date.

          "Class M-3 Certificate Margin": For each Distribution Date (i) on or
prior to the Optional Termination Date, 1.700% per annum, and (ii) following the
Optional Termination Date, 2.550% per annum.

          "Class M-3 Pass-Through Rate": For each Distribution Date, the lesser
of (a) One-Month LIBOR as of the related LIBOR Determination Date, plus the
Class M-3 Certificate Margin and (b) the Maximum Rate Cap.

          "Class M-3 Principal Distribution Amount": As of any Distribution Date
on or after the Stepdown Date and as long as a Trigger Event is not in effect,
the excess of (x) the sum of (i) the sum of the Certificate Principal Balances
of the Class A Certificates (after taking into account the payment of the Senior
Principal Distribution Amount on such Distribution Date), (ii) the Certificate
Principal Balance of the Class M-1 Certificates (after taking into account the
payment of the Class M-1 Principal Distribution Amount on such Distribution
Date), (iii) the Certificate Principal Balance of the Class M-2 Certificates
(after taking into account the payment of the Class M-2 Principal Distribution
Amount on such Distribution Date), and (iv) the Certificate Principal Balance of
the Class M-3 Certificates immediately prior to such Distribution Date over (y)
the lesser of (A) the product of (i) 95.60% and (ii) the Pool Balance as of the
last day of the related Collection Period and (B) the Pool Balance as of the
last day of the related Collection Period minus the product of 0.35% and the
Pool Balance as of the Cut-off Date.

          "Class M-3 Realized Loss Amortization Amount": As to the Class M-3
Certificates and as of any Distribution Date, the lesser of (x) the Unpaid
Realized Loss Amount for the Class M-3 Certificates as of such Distribution Date
and (y) the excess of (i) the Monthly Excess Cashflow Amount over (ii) the sum
of the amounts described in Section 4.02(b)(i) through (x) hereof, in each case
for such Distribution Date.

          "Class M-4 Applied Realized Loss Amount": As to the Class M-4
Certificates and as of any Distribution Date, the lesser of (x) the Certificate
Principal Balance thereof (after taking into account the distribution of the
Principal Distribution Amount on such Distribution Date and any increase in
Certificate Principal Balance as a result of Subsequent Recoveries, but prior to
the application of the Class M-4 Applied Realized Loss Amount, if any, on such
Distribution Date) and (y) the excess of (i) the related Applied Realized Loss
Amount as of such Distribution Date over (ii) the sum of the Class M-5 Applied
Realized Loss Amount, the Class M-6 Applied Realized Loss Amount and the Class
M-7 Applied Realized Loss Amount as of such Distribution Date.

                                      -11-
<PAGE>

          "Class M-4 Certificate Margin": For each Distribution Date (i) on or
prior to the Optional Termination Date, 2.350% per annum, and (ii) following the
Optional Termination Date, 3.525% per annum.

          "Class M-4 Pass-Through Rate": For each Distribution Date, the lesser
of (a) One-Month LIBOR as of the related LIBOR Determination Date, plus the
Class M-4 Certificate Margin and (b) the Maximum Rate Cap.

          "Class M-4 Principal Distribution Amount": As of any Distribution Date
on or after the Stepdown Date and as long as a Trigger Event is not in effect,
the excess of (x) the sum of (i) the sum of the Certificate Principal Balances
of the Class A Certificates (after taking into account the payment of the Senior
Principal Distribution Amount on such Distribution Date), (ii) the Certificate
Principal Balance of the Class M-1 Certificates (after taking into account the
payment of the Class M-1 Principal Distribution Amount on such Distribution
Date), (iii) the Certificate Principal Balance of the Class M-2 Certificates
(after taking into account the payment of the Class M-2 Principal Distribution
Amount on such Distribution Date), (iv) the Certificate Principal Balance of the
Class M-3 Certificates (after taking into account the payment of the Class M-3
Principal Distribution Amount on such Distribution Date) and (v) the Certificate
Principal Balance of the Class M-4 Certificates immediately prior to such
Distribution Date over (y) the lesser of (A) the product of (i) 96.60% and (ii)
the Pool Balance as of the last day of the related Collection Period and (B) the
Pool Balance as of the last day of the related Collection Period minus the
product of 0.35% and the Pool Balance as of the Cut-off Date.

          "Class M-4 Realized Loss Amortization Amount": As to the Class M-4
Certificates and as of any Distribution Date, the lesser of (x) the Unpaid
Realized Loss Amount for the Class M-4 Certificates as of such Distribution Date
and (y) the excess of (i) the Monthly Excess Cashflow Amount over (ii) the sum
of the amounts described in Section 4.02(b)(i) through (xiii) hereof, in each
case for such Distribution Date.

          "Class M-5 Applied Realized Loss Amount": As to the Class M-5
Certificates and as of any Distribution Date, the lesser of (x) the Certificate
Principal Balance thereof (after taking into account the distribution of the
Principal Distribution Amount on such Distribution Date and any increase in
Certificate Principal Balance as a result of Subsequent Recoveries, but prior to
the application of the Class M-5 Applied Realized Loss Amount, if any, on such
Distribution Date) and (y) the excess of (i) the related Applied Realized Loss
Amount as of such Distribution Date over (ii) the sum of the Class M-6 Applied
Realized Loss Amount and the Class M-7 Applied Realized Loss Amount as of such
Distribution Date.

          "Class M-5 Certificate Margin": For each Distribution Date (i) on or
prior to the Optional Termination Date, 3.500% per annum, and (ii) following the
Optional Termination Date, 5.250% per annum.

          "Class M-5 Pass-Through Rate": For each Distribution Date, the lesser
of (a) One-Month LIBOR as of the related LIBOR Determination Date, plus the
Class M-5 Certificate Margin and (b) the Maximum Rate Cap.

                                      -12-
<PAGE>

          "Class M-5 Principal Distribution Amount": As of any Distribution Date
on or after the Stepdown Date and as long as a Trigger Event is not in effect,
the excess of (x) the sum of (i) the sum of the Certificate Principal Balances
of the Class A Certificates (after taking into account the payment of the Senior
Principal Distribution Amount on such Distribution Date), (ii) the Certificate
Principal Balance of the Class M-1 Certificates (after taking into account the
payment of the Class M-1 Principal Distribution Amount on such Distribution
Date), (iii) the Certificate Principal Balance of the Class M-2 Certificates
(after taking into account the payment of the Class M-2 Principal Distribution
Amount on such Distribution Date), (iv) the Certificate Principal Balance of the
Class M-3 Certificates (after taking into account the payment of the Class M-3
Principal Distribution Amount on such Distribution Date), (v) the Certificate
Principal Balance of the Class M-4 Certificates (after taking into account the
payment of the Class M-4 Principal Distribution Amount on such Distribution
Date) and (vi) the Certificate Principal Balance of the Class M-5 Certificates
immediately prior to such Distribution Date over (y) the lesser of (A) the
product of (i) 97.60% and (ii) the Pool Balance as of the last day of the
related Collection Period and (B) the Pool Balance as of the last day of the
related Collection Period minus the product of 0.35% and the Pool Balance as of
the Cut-off Date.

          "Class M-5 Realized Loss Amortization Amount": As to the Class M-5
Certificates and as of any Distribution Date, the lesser of (x) the Unpaid
Realized Loss Amount for the Class M-5 Certificates as of such Distribution Date
and (y) the excess of (i) the Monthly Excess Cashflow Amount over (ii) the sum
of the amounts described in Section 4.02(b)(i) through (xvi) hereof, in each
case for such Distribution Date.

          "Class M-6 Applied Realized Loss Amount": As to the Class M-6
Certificates and as of any Distribution Date, the lesser of (x) the Certificate
Principal Balance thereof (after taking into account the distribution of the
Principal Distribution Amount on such Distribution Date and any increase in
Certificate Principal Balance as a result of Subsequent Recoveries, but prior to
the application of the Class M-6 Applied Realized Loss Amount, if any, on such
Distribution Date) and (y) the Class M-7 Applied Realized Loss Amount as of such
Distribution Date.

          "Class M-6 Certificate Margin": For each Distribution Date (i) on or
prior to the Optional Termination Date, 3.500% per annum, and (ii) following the
Optional Termination Date, 5.250% per annum.

          "Class M-6 Pass-Through Rate": For each Distribution Date, the lesser
of (a) One-Month LIBOR as of the related LIBOR Determination Date, plus the
Class M-6 Certificate Margin and (b) the Maximum Rate Cap.

          "Class M-6 Principal Distribution Amount": As of any Distribution Date
on or after the Stepdown Date and as long as a Trigger Event is not in effect,
the excess of (x) the sum of (i) the sum of the Certificate Principal Balances
of the Class A Certificates (after taking into account the payment of the Senior
Principal Distribution Amount on such Distribution Date), (ii) the Certificate
Principal Balance of the Class M-1 Certificates (after taking into account the
payment of the Class M-1 Principal Distribution Amount on such Distribution
Date), (iii) the Certificate Principal Balance of the Class M-2 Certificates
(after taking into account the payment of the Class M-2 Principal Distribution
Amount on such Distribution Date), (iv) the Certificate

                                      -13-
<PAGE>

Principal Balance of the Class M-3 Certificates (after taking into account the
payment of the Class M-3 Principal Distribution Amount on such Distribution
Date), (v) the Certificate Principal Balance of the Class M-4 Certificates
(after taking into account the payment of the Class M-4 Principal Distribution
Amount on such Distribution Date), (vi) the Certificate Principal Balance of the
Class M-5 Certificates (after taking into account the payment of the Class M-5
Principal Distribution Amount on such Distribution Date) and (vii) the
Certificate Principal Balance of the Class M-6 Certificates immediately prior to
such Distribution Date over (y) the lesser of (A) the product of (i) 98.60% and
(ii) the Pool Balance as of the last day of the related Collection Period and
(B) the Pool Balance as of the last day of the related Collection Period minus
the product of 0.35% and the Pool Balance as of the Cut-off Date.

          "Class M-6 Realized Loss Amortization Amount": As to the Class M-6
Certificates and as of any Distribution Date, the lesser of (x) the Unpaid
Realized Loss Amount for the Class M-6 Certificates as of such Distribution Date
and (y) the excess of (i) the Monthly Excess Cashflow Amount over (ii) the sum
of the amounts described in Section 4.02(b)(i) through (xix) hereof, in each
case for such Distribution Date.

          "Class M-7 Applied Realized Loss Amount": As to the Class M-7A and
Class M-7F Certificates and as of any Distribution Date, the lesser of (x) the
Certificate Principal Balance thereof (after taking into account the
distribution of the Principal Distribution Amount on such Distribution Date and
any increase in Certificate Principal Balance as a result of Subsequent
Recoveries, but prior to the application of the Class M-7 Applied Realized Loss
Amount, if any, on such Distribution Date) and (y) the Applied Realized Loss
Amount as of such Distribution Date.

          "Class M-7 Principal Distribution Amount": As of any Distribution Date
on or after the Stepdown Date and as long as a Trigger Event is not in effect,
the excess of (x) the sum of (i) the sum of the Certificate Principal Balances
of the Class A Certificates (after taking into account the payment of the Senior
Principal Distribution Amount on such Distribution Date), (ii) the Certificate
Principal Balance of the Class M-1 Certificates (after taking into account the
payment of the Class M-1 Principal Distribution Amount on such Distribution
Date), (iii) the Certificate Principal Balance of the Class M-2 Certificates
(after taking into account the payment of the Class M-2 Principal Distribution
Amount on such Distribution Date), (iv) the Certificate Principal Balance of the
Class M-3 Certificates (after taking into account the payment of the Class M-3
Principal Distribution Amount on such Distribution Date), (v) the Certificate
Principal Balance of the Class M-4 Certificates (after taking into account the
payment of the Class M-4 Principal Distribution Amount on such Distribution
Date), (vi) the Certificate Principal Balance of the Class M-5 Certificates
(after taking into account the payment of the Class M-5 Principal Distribution
Amount on such Distribution Date), (vii) the Certificate Principal Balance of
the Class M-6 Certificates (after taking into account the payment of the Class
M-6 Principal Distribution Amount on such Distribution Date) and (viii) the
Certificate Principal Balance of the Class M-7 Certificates the immediately
prior to such Distribution Date over (y) the lesser of (A) the product of (i)
99.30% and (ii) the Pool Balance as of the last day of the related Collection
Period and (B) the Pool Balance as of the last day of the related Collection
Period minus the product of 0.35% and the Pool Balance as of the Cut-off Date.

                                      -14-
<PAGE>

          "Class M-7 Realized Loss Amortization Amount": As to the Class M-7A
and Class M-7F Certificates and as of any Distribution Date, the lesser of (x)
the aggregate Unpaid Realized Loss Amount for the Class M-7A and Class M-7F
Certificates as of such Distribution Date and (y) the excess of (i) the Monthly
Excess Cashflow Amount over (ii) the sum of the amounts described in Section
4.02(b)(i) through (xxii) hereof, in each case for such Distribution Date.

          "Class M-7A Certificate Margin": For each Distribution Date (i) on or
prior to the Optional Termination Date, 3.500% per annum, and (ii) following the
Optional Termination Date, 5.250% per annum.

          "Class M-7A Pass-Through Rate": For each Distribution Date, the lesser
of (a) One-Month LIBOR as of the related LIBOR Determination Date, plus the
Class M-7A Certificate Margin and (b) the Maximum Rate Cap.

          "Class M-7F Fixed Rate": A fixed coupon rate of 5.500% per annum (or
6.000% for Interest Accrual Periods relating to Distribution Dates after the
Optional Termination Date).

          "Class M-1, Class M-2, and Class M-3 Cap Amount": With respect to each
Distribution Date and each of the Class M-1, Class M-2 and Class M-3
Certificates, the product of (i) the Class M-1, Class M-2 and Class M-3 Yield
Maintenance Agreement Payment for such Distribution Date and (ii) a fraction,
the numerator of which is the Certificate Principal Balance of such Class
immediately prior to such Distribution Date and the denominator of which is the
aggregate Certificate Principal Balance of the Class M-1, Class M-2 and Class
M-3 Certificates immediately prior to such Distribution Date.

          "Class M-1, Class M-2 and Class M-3 Reserve Account": The trust
account created and maintained by the Trustee pursuant to Section 3.04(g) which
shall be entitled "Class M-1, Class M-2 and Class M-3 Reserve Account, JPMorgan
Chase Bank, as Trustee, in trust for registered Holders of the Class M-1, Class
M-2 and Class M-3 Certificates of the First Franklin Mortgage Loan Trust
2004-FF10 Trust, Asset-Backed Certificates, Series 2004-FF10" and which must be
an Eligible Account. Amounts on deposit in the Class M-1, Class M-2 and Class
M-3 Reserve Account shall not be invested. The Class M-1, Class M-2 and Class
M-3 Reserve Account shall not be an asset of any REMIC formed under this
Agreement.

          "Class M-1, Class M-2 and Class M-3 Yield Maintenance Agreement": The
interest rate cap agreement between the Trustee, on behalf of the Trust, and the
Yield Maintenance Agreement Provider substantially in the form attached hereto
as Exhibit N-2. The Class M-1, Class M-2 and Class M-3 Yield Maintenance
Agreement shall not be an asset of any REMIC formed under this Agreement.

          "Class M-1, Class M-2 and Class M-3 Yield Maintenance Agreement
Payment": On each Distribution Date through the Distribution Date in March 2008,
the amount equal to the product of (a) the excess of the lesser of (i) One-Month
LIBOR and (ii) the applicable ceiling rate over the applicable strike rate for
such Distribution Date, in each case as set forth on the schedule attached to
the confirmation to the Class M-1, Class M-2 and Class M-3 Yield Maintenance
Agreement for such Distribution Date, (b) the product of the cap notional amount

                                      -15-
<PAGE>

and the scale factor, both as set forth on the schedule attached to the
confirmation to the Class M-1, Class M-2 and Class M-3 Yield Maintenance
Agreement for such Distribution Date and (c) a fraction, the numerator of which
is the actual number of days elapsed since the previous Distribution Date (or
the Closing Date, in the case of the first Distribution Date) to but excluding
the current Distribution Date and the denominator of which is 360.

          "Class M-4, Class M-5, Class M-6 and Class M-7A Cap Amount": With
respect to each Distribution Date and each of the Class M-4, Class M-5, Class
M-6 and Class M-7A Certificates, the product of (i) the Class M-4, Class M-5,
Class M-6 and Class M-7A Yield Maintenance Agreement Payment for such
Distribution Date and (ii) a fraction, the numerator of which is the Certificate
Principal Balance of such Class immediately prior to such Distribution Date and
the denominator of which is the aggregate Certificate Principal Balance of the
Class M-4, Class M-5, Class M-6 and Class M-7A Certificates immediately prior to
such Distribution Date.

          "Class M-4, Class M-5, Class M-6 and Class M-7A Reserve Account": The
trust account created and maintained by the Trustee pursuant to Section 3.04(g)
which shall be entitled "Class M-4, Class M-5, Class M-6 and Class M-7A Reserve
Account, JPMorgan Chase Bank, as Trustee, in trust for registered Holders of the
Class M-4, Class M-5, Class M-6 and Class M-7A Certificates of the First
Franklin Mortgage Loan Trust 2004-FF10 Trust, Asset-Backed Certificates, Series
2004-FF10" and which must be an Eligible Account. Amounts on deposit in the
Class M-4, Class M-5, Class M-6 and Class M-7A Reserve Account shall not be
invested. The Class M-4, Class M-5, Class M-6 and Class M-7A Reserve Account
shall not be an asset of any REMIC formed under this Agreement.

          "Class M-4, Class M-5, Class M-6 and Class M-7A Yield Maintenance
Agreement": The interest rate cap agreement between the Trustee, on behalf of
the Trust, and the Yield Maintenance Agreement Provider substantially in the
form attached hereto as Exhibit N-3. The Class M-4, Class M-5, Class M-6 and
Class M-7A Yield Maintenance Agreement shall not be an asset of any REMIC formed
under this Agreement.

          "Class M-4, Class M-5, Class M-6 and Class M-7A Yield Maintenance
Agreement Payment": On each Distribution Date through the Distribution Date in
March 2008, the amount equal to the product of (a) the excess of the lesser of
(i) One-Month LIBOR and (ii) the applicable ceiling rate over the applicable
strike rate for such Distribution Date, in each case as set forth on the
schedule attached to the confirmation to the Class M-4, Class M-5, Class M-6 and
Class M-7A Yield Maintenance Agreement for such Distribution Date, (b) the
product of the cap notional amount and the scale factor, both as set forth on
the schedule attached to the confirmation to the Class M-4, Class M-5, Class M-6
and Class M-7A Yield Maintenance Agreement for such Distribution Date and (c) a
fraction, the numerator of which is the actual number of days elapsed since the
previous Distribution Date (or the Closing Date, in the case of the first
Distribution Date) to but excluding the current Distribution Date and the
denominator of which is 360.

          "Class P Certificate": Any one of the Certificates with a "P"
designated on the face thereof substantially in the form annexed hereto as
Exhibit C-2, executed by the Trustee on

                                      -16-
<PAGE>

behalf of the Trust and authenticated and delivered by the Certificate
Registrar, representing the right to distributions as set forth herein and
therein and representing an interest in REMIC 2.

          "Class R Certificate": The Class R Certificate executed by the Trustee
on behalf of the Trust, and authenticated and delivered by the Certificate
Registrar, substantially in the form annexed hereto as Exhibit C-3 and
evidencing the ownership of the Residual Interest in each of REMIC 1 and REMIC
2. The Class R Certificate represents the ownership of the Class R-1 Interest
and the Class R-2 Interest.

          "Class R-1 Interest": The uncertificated residual interest in REMIC 1.

          "Class R-2 Interest": The uncertificated residual interest in REMIC 2.

          "Closing Date": October 21, 2004.

          "Code": The Internal Revenue Code of 1986, as it may be amended from
time to time.

          "Collection Accounts": The accounts created and maintained by the
Servicer pursuant to Section 3.04, the first of which (referred to herein as the
"Trust Collection Account") shall be entitled "Collection Account, Countrywide
Home Loans Servicing LP, as Servicer for the Trust under the Pooling and
Servicing Agreement dated as of October 1, 2004, among Asset Backed Funding
Corporation, as Depositor, Countrywide Home Loans Servicing LP, as Servicer, and
JPMorgan Chase Bank, as Trustee, in trust for registered Holders of First
Franklin Mortgage Loan Trust 2004-FF10, Asset-Backed Certificates, Series
2004-FF10," and the second of which (referred to herein as the "DA Reserve
Account") shall be entitled "DA Reserve Account, Countrywide Home Loans
Servicing LP, as Servicer for the Trust under the Pooling and Servicing
Agreement dated as of October 1, 2004, among Asset Backed Funding Corporation,
as Depositor, Countrywide Home Loans Servicing LP, as Servicer, and JPMorgan
Chase Bank, as Trustee, in trust for registered holders of First Franklin
Mortgage Loan Trust 2004-FF10, Asset Backed Certificates, Series 2004-FF10 and
various Mortgagers under the DA Dividend Program," and each of which must be an
Eligible Account.

          "Collection Period": With respect to any Distribution Date, the period
from the second day of the calendar month preceding the month in which such
Distribution Date occurs through the first day of the month in which such
Distribution Date occurs.

          "Compensating Interest": As defined in Section 3.23 hereof.

          "Condemnation Proceeds": All awards or settlements in respect of a
taking of a Mortgaged Property by exercise of the power of eminent domain or
condemnation.

          "Corporate Trust Office": The principal corporate trust office of the
Trustee at which at any particular time its corporate trust business in
connection with this Agreement shall be administered, which office at the date
of the execution of this instrument is located at 4 New York Plaza, 6th Floor,
New York, New York 10004-2477, Attention: Institutional Trust Services/Global
Debt--First Franklin Mortgage Loan Trust 2004-FF10 or at such other address

                                      -17-
<PAGE>

as the Trustee may designate from time to time by notice to the
Certificateholders, the Depositor and the Servicer.

          "Corresponding Classes": With respect to REMIC 1 and REMIC 2, the
following Classes shall be Corresponding Classes:

CORRESPONDING REMIC 1 CLASSES   CORRESPONDING REMIC 2 CLASSES
-----------------------------   -----------------------------
LT1A1                           Class A-1 Certificates

LT1A2                           Class A-2 Certificates

LT1A3                           Class A-3 Certificates

LT1M1                           Class M-1 Certificates

LT1M2                           Class M-2 Certificates

LT1M3                           Class M-3 Certificates

LT1M4                           Class M-4 Certificates

LT1M5                           Class M-5 Certificates

LT1M6                           Class M-6 Certificates

LT1M7A                          Class M-7A Certificates

LT1M7F                          Class M-7F Certificates

LT1P                            Class P Certificate

          "Credit Risk Management Agreement": The Credit Risk Management
Agreement between the Servicer and the Credit Risk Manager dated as of October
21, 2004.

          "Credit Risk Manager": The Murrayhill Company, a Colorado corporation.

          "Credit Risk Manager Fee": The fee payable to the Credit Risk Manager
on each Distribution Date for its services as Credit Risk Manager, in an amount
equal to the product of (i) one-twelfth of the Credit Risk Manager Fee Rate and
(ii) the Pool Balance as of the opening of business on the first day of the
related Collection Period.

          "Credit Risk Manager Fee Rate": With respect to any Distribution Date,
0.015% per annum.

          "Cut-off Date": October 1, 2004.

                                      -18-
<PAGE>

          "Cut-off Date Aggregate Principal Balance": The aggregate of the
Cut-off Date Principal Balances of the Mortgage Loans.

          "Cut-off Date Principal Balance": With respect to any Mortgage Loan,
the unpaid principal balance thereof as of the Cut-off Date after application of
funds received or advanced on or before such date (or as of the applicable date
of substitution with respect to an Eligible Substitute Mortgage Loan).

          "DA Anniversary Dates": With respect to a DAD Mortgage Loan, each of
the first four yearly anniversary dates of the due date of the first Monthly
Payment due on such Mortgage Loan.

          "DA Dividend": With respect to a DAD Mortgage Loan, that amount of the
Monthly Payment derived from interest collections determined in accordance with
the following formula:

Monthly DA   =   DA Dividend Rate of the       x   interest collections on the
Dividend         DAD Mortgage Loan Mortgage        DAD Mortgage Loan received by
                 Interest Rate in effect           the Servicer in the
                 during the immediately            immediately preceding
                 preceding Collection Period       Collection Period

          "DA Dividend Rate": The percentage rate set forth in the following
table taking into account the DA Anniversary Date and the Rate Type of the DAD
Mortgage Loan:

                                      -19-
<PAGE>

                                               RATE TYPE
                                              ------------
                        DA Anniversary Date    2/28 LIBOR
                       ---------------------  ------------

                                 1               0.25%

                                 2               0.25%

                                 3               1.00%

                                 4               0.25%

          "DA Forfeiture Event": Any of the following events associated with a
DAD Mortgage Loan: (i) prepayment of the DAD Mortgage Loan in full prior to any
of its DA Anniversary Dates; (ii) any acceleration of payments due under the DAD
Mortgage Loan instituted by the Servicer or the Trustee, which acceleration
remains in effect on a DA Anniversary Date; (iii) the occurrence of a payment
default under the DAD Mortgage Loan, which default is continuing on a DA
Anniversary Date; or (iv) the failure of the Mortgagor to make a scheduled
Monthly Payment in full on a DAD Mortgage Loan by the 17th day of the month in
which a DA Anniversary Date of the DAD Mortgage Loan occurs.

          "DA Reserve Account": A Custodial Account established and maintained
by the Servicer pursuant to Section 3.04 for the purpose of depositing any
Direct Access Dividends collected under the DAD Mortgage Loans.

          "DAD": The Direct Access Dividend Program of the Originator.

          "DAD Mortgage Loan": A Mortgage Loan originated under and qualifying
for DA Dividends under the DAD.

          "Debt Service Reduction": With respect to any Mortgage Loan, a
reduction in the scheduled Monthly Payment for such Mortgage Loan by a court of
competent jurisdiction in a proceeding under the Bankruptcy Code, except such a
reduction resulting from a Deficient Valuation.

          "Defective Mortgage Loan": A Mortgage Loan replaced or to be replaced
by one or more Eligible Substitute Mortgage Loans.

          "Deficient Valuation": With respect to any Mortgage Loan, a valuation
of the related Mortgaged Property by a court of competent jurisdiction in an
amount less than the then outstanding principal balance of the Mortgage Loan,
which valuation results from a proceeding initiated under the Bankruptcy Code.

          "Definitive Certificates": As defined in Section 5.02(c) hereof.

                                      -20-
<PAGE>

          "Delinquent": Any Mortgage Loan with respect to which the Monthly
Payment due on a Due Date is not made by the close of business on the next
scheduled Due Date for such Mortgage Loan.

          "Depositor": Asset Backed Funding Corporation, a Delaware corporation,
or any successor in interest.

          "Depository": The initial depository shall be The Depository Trust
Company, whose nominee is Cede & Co., or any other organization registered as a
"clearing agency" pursuant to Section 17A of the Exchange Act. The Depository
shall initially be the registered Holder of the Book-Entry Certificates. The
Depository shall at all times be a "clearing corporation" as defined in Section
8-102(3) of the Uniform Commercial Code of the State of New York.

          "Depository Participant": A broker, dealer, bank or other financial
institution or other person for whom from time to time a Depository effects
book-entry transfers and pledges of securities deposited with the Depository.

          "Determination Date": With respect to any Distribution Date, the 15th
day of the calendar month in which such Distribution Date occurs or, if such
15th day is not a Business Day, the Business Day immediately preceding such 15th
day.

          "Directly Operate": With respect to any REO Property, the furnishing
or rendering of services to the tenants thereof, the management or operation of
such REO Property, the holding of such REO Property primarily for sale to
customers, the performance of any construction work thereon or any use of such
REO Property in a trade or business conducted by the Trust other than through an
Independent Contractor; provided, however, that the Trustee (or the Servicer
under this Agreement) shall not be considered to Directly Operate an REO
Property solely because the Trustee (or the Servicer under this Agreement)
establishes rental terms, chooses tenants, enters into or renews leases, deals
with taxes and insurance, or makes decisions as to repairs or capital
expenditures with respect to such REO Property.

          "Disqualified Organization": A "disqualified organization" under
Section 860E of the Code, which as of the Closing Date is any of: (i) the United
States, any state or political subdivision thereof, any possession of the United
States, any foreign government, any international organization, or any agency or
instrumentality of any of the foregoing, (ii) any organization (other than a
cooperative described in Section 521 of the Code) which is exempt from the tax
imposed by Chapter 1 of the Code unless such organization is subject to the tax
imposed by Section 511 of the Code, (iii) any organization described in Section
1381(a)(2)(C) of the Code, or (iv) any other Person so designated by the Trustee
based upon an Opinion of Counsel provided by nationally recognized counsel to
the Trustee that the holding of an ownership interest in the Class R Certificate
by such Person may cause the Trust Fund or any Person having an ownership
interest in any Class of Certificates (other than such Person) to incur
liability for any federal tax imposed under the Code that would not otherwise be
imposed but for the transfer of an ownership interest in the Class R Certificate
to such Person. A corporation will not be treated as an instrumentality of the
United States or of any state or political subdivision thereof if all of its
activities are subject to tax and a majority of its board of directors is not

                                      -21-
<PAGE>

selected by a governmental unit. The term "United States," "state" and
"international organization" shall have the meanings set forth in Section 7701
of the Code.

          "Distribution Account": The trust account or accounts created and
maintained by the Trustee pursuant to Section 3.04(b) which shall be entitled
"Distribution Account, JPMorgan Chase Bank, as Trustee, in trust for the
registered Holders of First Franklin Mortgage Loan Trust 2004-FF10, Asset-Backed
Certificates, Series 2004-FF10" and which must be an Eligible Account.

          "Distribution Date": The 25th day of any calendar month, or if such
25th day is not a Business Day, the Business Day immediately following such 25th
day, commencing in November 2004.

          "Distribution Date Statement": As defined in Section 4.06(a) hereof.

          "DBRS": Dominion Bond Rating Service, Inc, or any successor thereto.
If neither such rating agency nor any successor remains in existence, "DBRS"
shall be deemed to refer to such other nationally recognized statistical rating
agency or other comparable Person designated by the Depositor, notice of which
designation shall be given to the Trustee, and specific ratings of DBRS herein
referenced shall be deemed to refer to the equivalent ratings of the party so
designated. References herein to "applicable rating category" (other than any
such references to "highest available rating category") shall, in the case of
DBRS, be deemed to refer to such applicable rating category of DBRS, without
regard to any plus or minus or other comparable rating qualification.

          "Due Date": With respect to each Mortgage Loan and any Distribution
Date, the day of the calendar month in which such Distribution Date occurs on
which the Monthly Payment for such Mortgage Loan was due, exclusive of any grace
period.

          "Eligible Account": Any of (i) an account or accounts maintained with
a federal or state chartered depository institution or trust company the
short-term unsecured debt obligations of which (or, in the case of a depository
institution or trust company that is the principal subsidiary of a holding
company, the short-term unsecured debt obligations of such holding company) are
rated "A-1+" by S&P and "F-1+" by Fitch (or comparable ratings if S&P, and Fitch
are not the Rating Agencies) by each of the Rating Agencies at the time any
amounts are held on deposit therein, (ii) an account or accounts the deposits in
which are fully insured by the FDIC, (iii) a trust account or accounts
maintained with the trust department of a federal or state chartered depository
institution, national banking association or trust company acting in its
fiduciary capacity or (iv) an account otherwise acceptable to each Rating Agency
without reduction or withdrawal of their then current ratings of the
Certificates as evidenced by a letter from each Rating Agency to the Trustee and
the NIMS Insurer. Eligible Accounts may bear interest.

          "Eligible Investments": Any one or more of the following obligations
or securities acquired at a purchase price of not greater than par, regardless
of whether issued or managed by the Depositor, the Servicer, the NIMS Insurer,
the Trustee or any of their respective Affiliates or for which an Affiliate of
the Trustee serves as an advisor:

                                      -22-
<PAGE>

          (i)     direct obligations of, or obligations fully guaranteed as to
     timely payment of principal and interest by, the United States or any
     agency or instrumentality thereof, provided such obligations are backed by
     the full faith and credit of the United States;

          (ii)    (A) demand and time deposits in, certificates of deposit of,
     bankers' acceptances issued by or federal funds sold by any depository
     institution or trust company (including the Trustee or its agents acting in
     their respective commercial capacities) incorporated under the laws of the
     United States of America or any state thereof and subject to supervision
     and examination by federal and/or state authorities, so long as, at the
     time of such investment or contractual commitment providing for such
     investment, such depository institution or trust company or its ultimate
     parent has a short-term uninsured debt rating in one of the two highest
     available rating categories of S&P and the highest available rating
     category of Fitch and provided that each such investment has an original
     maturity of no more than 365 days and (B) any other demand or time deposit
     or deposit which is fully insured by the FDIC;

          (iii)   repurchase obligations with a term not to exceed 30 days with
     respect to any security described in clause (i) above and entered into with
     a depository institution or trust company (acting as principal) rated "A"
     or higher by S&P and "A+" or higher by Fitch, provided, however, that
     collateral transferred pursuant to such repurchase obligation must be of
     the type described in clause (i) above and must (A) be valued daily at
     current market prices plus accrued interest or (B) pursuant to such
     valuation, be equal, at all times, to 105% of the cash transferred by the
     Trustee in exchange for such collateral and (C) be delivered to the Trustee
     or, if the Trustee is supplying the collateral, an agent for the Trustee,
     in such a manner as to accomplish perfection of a security interest in the
     collateral by possession of certificated securities;

          (iv)    securities bearing interest or sold at a discount that are
     issued by any corporation incorporated under the laws of the United States
     of America or any State thereof and that are rated by each Rating Agency in
     its highest long-term unsecured rating categories at the time of such
     investment or contractual commitment providing for such investment;

          (v)     commercial paper (including both non-interest-bearing discount
     obligations and interest-bearing obligations payable on demand or on a
     specified date not more than 30 days after the date of acquisition thereof)
     that is rated by each Rating Agency in its highest short-term unsecured
     debt rating available at the time of such investment;

          (vi)    units of money market funds registered under the Investment
     Company Act of 1940 (including funds managed or advised by the Trustee or
     affiliates thereof) that, if rated by each Rating Agency, are rated in its
     highest rating category (if so rated by such Rating Agency); and

          (vii)   if previously confirmed in writing to the Trustee and
     consented to by the NIMS Insurer, any other demand, money market or time
     deposit, or any other obligation, security or investment, as may be
     acceptable to the Rating Agencies in writing as an

                                      -23-
<PAGE>

     eligible investment of funds backing securities having ratings equivalent
     to its highest initial rating of the Senior Certificates;

provided, that no instrument described hereunder shall evidence either the right
to receive (a) only interest with respect to the obligations underlying such
instrument or (b) both principal and interest payments derived from obligations
underlying such instrument and the interest and principal payments with respect
to such instrument provide a yield to maturity at par greater than 120% of the
yield to maturity at par of the underlying obligations.

          "Eligible Substitute Mortgage Loan": A mortgage loan substituted for a
Defective Mortgage Loan pursuant to the terms of this Agreement which must, on
the date of such substitution, (i) have an outstanding Principal Balance, after
application of all scheduled payments of principal and interest due during or
prior to the month of substitution, not in excess of the outstanding principal
balance of the Defective Mortgage Loan as of the Due Date in the calendar month
during which the substitution occurs, (ii) have a Mortgage Interest Rate, with
respect to a Fixed-Rate Mortgage Loan, not less than the Mortgage Interest Rate
of the Defective Mortgage Loan and not more than 2% in excess of the Mortgage
Interest Rate of such Defective Mortgage Loan, (iii) have the same Due Date as
the Defective Mortgage Loan, (iv) if an Adjustable-Rate Mortgage Loan, have a
Maximum Mortgage Interest Rate not less than the Maximum Mortgage Interest Rate
for the Defective Mortgage Loan, (v) if an Adjustable-Rate Mortgage Loan, have a
Minimum Mortgage Interest Rate not less than the Minimum Mortgage Interest Rate
of the Defective Mortgage Loan, (vi) if an Adjustable-Rate Mortgage Loan, have a
Gross Margin equal to or greater than the Gross Margin of the Defective Mortgage
Loan, (vii) if an Adjustable-Rate Mortgage Loan, have the same Index as the
Defective Mortgage Loan, (viii) if an Adjustable-Rate Mortgage Loan, have a next
Adjustment Date not more than two months later than the next Adjustment Date on
the Defective Mortgage Loan, (ix) have a remaining term to maturity not greater
than (and not more than one year less than) that of the Defective Mortgage Loan,
(x) be current as of the date of substitution, (xi) have a Loan-to-Value Ratio
as of the date of substitution equal to or lower than the Loan-to-Value Ratio of
the Defective Mortgage Loan as of such date, (xii) have a risk grading at least
equal to the risk grading assigned on the Defective Mortgage Loan, (xiii) have
been underwritten or reunderwritten in accordance with the same underwriting
criteria and guidelines as the Defective Mortgage Loan, (xiv) have the same lien
priority as the Defective Mortgage Loan, (xv) be covered by the PMI Policy if
the defective Mortgage Loan was a PMI Mortgage Loan, (xvi) have a Prepayment
Charge at least equal in amount and duration of that of the Defective Mortgage
Loan, (xvii) not be a Balloon Mortgage Loan if the related Mortgage Loan was not
a Balloon Mortgage Loan (and if such related Mortgage Loan is a Balloon Mortgage
Loan, such Eligible Substitute Mortgage Loan shall have an original maturity of
not less than the original maturity of such related Mortgage Loan), and (xviii)
conform to each representation and warranty set forth in Section 3.02 of the
Originator Mortgage Loan Purchase Agreement and Section 3.01 of the Mortgage
Loan Purchase Agreement applicable to the Defective Mortgage Loan. In the event
that one or more mortgage loans are substituted for one or more Defective
Mortgage Loans, the amounts described in clause (i) hereof shall be determined
on the basis of aggregate principal balance, the risk gradings described in
clause (xii) hereof shall be satisfied as to each such mortgage loan, the terms
described in clause (ix) hereof shall be determined on the basis of weighted
average remaining term to maturity, the Loan-to-Value Ratios described in clause
(xviii) hereof shall be satisfied as to each such mortgage loan and, except to
the extent otherwise

                                      -24-
<PAGE>

provided in this sentence, the representations and warranties described in
clause (xv) hereof must be satisfied as to each Eligible Substitute Mortgage
Loan or in the aggregate, as the case may be.

          "ERISA": The Employee Retirement Income Security Act of 1974, as
amended.

          "ERISA-Restricted Certificates": Any of the Class CE, Class P and
Class R Certificates, and any Class of Certificates that no longer satisfies the
applicable ratings requirement of Prohibited Transaction Exemption 2002-41, 67
Fed. Reg. 54487 (August 22, 2002).

          "Escrow Account": The account or accounts created and maintained
pursuant to Section 3.06.

          "Escrow Payments": The amounts constituting ground rents, taxes,
assessments, water rates, mortgage insurance premiums, fire and hazard insurance
premiums and other payments required to be escrowed by the Mortgagor with the
mortgagee pursuant to any Mortgage Loan.

          "Estate in Real Property": A fee simple estate in a parcel of real
property.

          "Exchange Act": The Securities Exchange Act of 1934, as amended.

          "Expense Fee Rate": The sum of (i) the Servicing Fee Rate, (ii) the
Credit Risk Manager Fee Rate, (iii) with respect to a PMI Mortgage Loan, the PMI
Insurer Fee and (iv) with respect to each DAD Mortgage Loan, the DA Dividend
Rate.

          "Extended Period": As defined in Section 9.04(b).

          "Extra Principal Distribution Amount": As of any Distribution Date,
the lesser of (x) the Monthly Excess Interest Amount for such Distribution Date
and (y) the Overcollateralization Deficiency for such Distribution Date.

          "FDIC": Federal Deposit Insurance Corporation or any successor
thereto.

          "Fidelity Bond": Shall have the meaning assigned thereto in Section
3.12.

          "Final Recovery Determination": With respect to any defaulted Mortgage
Loan or any REO Property (other than a Mortgage Loan or REO Property (i)
purchased by the Originator or the Seller pursuant to or as contemplated by
Section 2.03, (ii) purchased by the Servicer pursuant to Section 3.16 or (iii)
purchased by the NIMS Insurer, the Majority Class CE Certificateholders or the
Servicer pursuant to Section 10.01), a determination made by the Servicer that
all Insurance Proceeds, Condemnation Proceeds, Liquidation Proceeds and other
payments or recoveries which the Servicer, in its reasonable good faith
judgment, expects to be finally recoverable in respect thereof have been so
recovered. The Servicer shall maintain records, prepared by a Servicing Officer,
of each Final Recovery Determination made thereby.

          "Fitch": Fitch Ratings and its successors, and if such company shall
for any reason no longer perform the functions of a securities rating agency,
"Fitch" shall be deemed to

                                      -25-
<PAGE>

refer to any other "nationally recognized statistical rating organization" as
set forth on the most current list of such organizations released by the
Securities and Exchange Commission.

          "Fixed-Rate Mortgage Loan": A Mortgage Loan which has a constant
annual rate at which interest accrues in accordance with the provisions of the
related Mortgage Note.

          "Foreclosure Price": The amount reasonably expected to be received
from the sale of the related Mortgaged Property net of any expenses associated
with foreclosure proceedings.

          "Form 10-K": As defined in Section 3.31(a) hereof.

          "Grantor Trust": That portion of the Trust exclusive of REMIC 1 and
REMIC 2 consisting of (a) any Originator Prepayment Charge Payment Amounts and
any Servicer Prepayment Charge Payment Amounts and the right of the Class P
Certificateholders to receive such Originator Prepayment Charge Payment Amounts
and Servicer Prepayment Charge Payment Amounts, (b) the right of the Class A and
Class M Certificates to receive Cap Carryover Amounts, (c) each Yield
Maintenance Agreement, the Reserve Accounts and the beneficial interest of the
Class CE Certificates with respect thereto and (d) the obligation of the Class
CE Certificates to pay Cap Carryover Amounts.

          "Gross Margin": With respect to each Adjustable-Rate Mortgage Loan,
the fixed percentage set forth in the related Mortgage Note that is added to the
Index on each Adjustment Date in accordance with the terms of the related
Mortgage Note used to determine the Mortgage Interest Rate for such
Adjustable-Rate Mortgage Loan.

          "Indenture": An indenture relating to the issuance of net interest
margin notes secured by the Class CE Certificates and the Class P Certificates,
which may or may not be guaranteed by the NIMS Insurer.

          "Independent": When used with respect to any specified Person, any
such Person who (i) is in fact independent of the Depositor, the Servicer and
their respective Affiliates, (ii) does not have any direct financial interest in
or any material indirect financial interest in the Depositor or the Servicer or
any Affiliate thereof, and (iii) is not connected with the Depositor or the
Servicer or any Affiliate thereof as an officer, employee, promoter,
underwriter, trustee, partner, director or Person performing similar functions;
provided, however, that a Person shall not fail to be Independent of the
Depositor or the Servicer or any Affiliate thereof merely because such Person is
the beneficial owner of 1% or less of any class of securities issued by the
Depositor or the Servicer or any Affiliate thereof, as the case may be.

          "Independent Contractor": Either (i) any Person (other than the
Servicer) that would be an "independent contractor" with respect to the Trust
Fund within the meaning of Section 856(d)(3) of the Code if the Trust Fund were
a real estate investment trust (except that the ownership tests set forth in
that section shall be considered to be met by any Person that owns, directly or
indirectly, 35 percent or more of any Class of Certificates), so long as the
Trust Fund does not receive or derive any income from such Person and provided
that the relationship between such Person and the Trust Fund is at arm's length,
all within the meaning of Treasury Regulations Section 1.856-4(b)(5), or (ii)
any other Person (including the Servicer) if the Trustee

                                      -26-
<PAGE>

has received an Opinion of Counsel, which Opinion of Counsel shall be an expense
of the Trust Fund, to the effect that the taking of any action in respect of any
REO Property by such Person, subject to any conditions therein specified, that
is otherwise herein contemplated to be taken by an Independent Contractor will
not cause such REO Property to cease to qualify as "foreclosure property" within
the meaning of Section 860G(a)(8) of the Code (determined without regard to the
exception applicable for purposes of Section 860D(a) of the Code), or cause any
income realized in respect of such REO Property to fail to qualify as Rents from
Real Property.

          "Index": With respect to each Adjustable-Rate Mortgage Loan and with
respect to each related Adjustment Date, the index as specified in the related
Mortgage Note.

          "Initial Certificate Principal Balance": With respect to any
Certificate of a Class other than a Class CE, Class P or Class R Certificate,
the amount designated "Initial Certificate Principal Balance" on the face
thereof.

          "Initial Overcollateralization Amount": $4,882,670.49

          "Insurance Proceeds": Proceeds of the PMI Policy, any title policy,
hazard policy or other insurance policy covering a Mortgage Loan, to the extent
such proceeds are not to be applied to the restoration of the related Mortgaged
Property or released to the Mortgagor in accordance with the procedures that the
Servicer would follow in servicing mortgage loans held for its own account,
subject to the terms and conditions of the related Mortgage Note and Mortgage.

          "Interest Accrual Period": With respect to any Distribution Date and
each Class of Class A and Class M Certificates (other than the Class M-7F
Certificates), the period from the preceding Distribution Date to the day prior
to the current Distribution Date (or, in the case of the first Distribution
Date, the period from the Closing Date through November 25, 2004). In the case
of the Class M-7F Certificates and the REMIC 1 Regular Interests, the Interest
Accrual Period shall be the calendar month preceding the month in which the
related Distribution Date occurs.

          "Interest Carry Forward Amount": For any Class of Class A and Class M
Certificates and any Distribution Date, the sum of (a) the excess, if any, of
the Accrued Certificate Interest and any Interest Carry Forward Amount for the
prior Distribution Date, over the amount in respect of interest actually
distributed on such Class on such prior Distribution Date and (b) interest on
such excess at the applicable Certificate Interest Rate for the actual number of
days elapsed on the basis of a 360-day year since the prior Distribution Date.

          "Interest Percentage": With respect to any Class of Class A and Class
M Certificates and any Distribution Date, the ratio (expressed as a decimal
carried to six places) of the Accrued Certificate Interest for such Class to the
sum of the Accrued Certificate Interest for all Classes of Class A and Class M
Certificates, in each case with respect to such Distribution Date, without
regard to Prepayment Interest Shortfalls (not covered by Compensating Interest
payments) and Relief Act Interest Shortfalls.

          "Interest Remittance Amount": As of any Distribution Date, the sum,
without duplication, of (i) all interest due and collected or advanced with
respect to the related Collection

                                      -27-
<PAGE>

Period on the Mortgage Loans received by the Servicer on or prior to the
Determination Date for such Distribution Date (less (A) the Servicing Fee, (B)
amounts available for reimbursement of Advances and Servicing Advances pursuant
to Section 3.05, (C) expenses reimbursable pursuant to Section 6.03 and (D)
amounts constituting DA Dividends refundable to Mortgagors of DAD Mortgage Loans
pursuant to Section 3.05(b)), (ii) all Compensating Interest paid by the
Servicer on the related Distribution Date with respect to such Mortgage Loans,
(iii) the portion of any payment in connection with any Principal Prepayment,
substitution, Purchase Price, Termination Price, Insurance Proceeds or Net
Liquidation Proceeds relating to interest with respect to such Mortgage Loans
received during the related Prepayment Period and (iv) the portion of any
Reimbursement Amount relating to such Mortgage Loans received during the related
Prepayment Period.

          "Late Collections": With respect to any Mortgage Loan, all amounts
received subsequent to the Determination Date immediately following any related
Collection Period, whether as late payments of Monthly Payments or as Insurance
Proceeds, Condemnation Proceeds, Liquidation Proceeds or otherwise, which
represent late payments or collections of principal and/or interest due (without
regard to any acceleration of payments under the related Mortgage and Mortgage
Note) but delinquent on a contractual basis for such Collection Period and not
previously recovered.

          "LIBOR Business Day": Any day on which banks in London, England and
The City of New York are open and conducting transactions in foreign currency
and exchange.

          "LIBOR Determination Date": With respect to the Class A and Class M
Certificates (other than the Class M-7F Certificate), (i) for the first
Distribution Date, the second LIBOR Business Day preceding the Closing Date and
(ii) for each subsequent Distribution Date, the second LIBOR Business Day prior
to the immediately preceding Distribution Date.

          "Liquidated Mortgage Loan": As to any Distribution Date, any Mortgage
Loan in respect of which the Servicer has determined, in accordance with the
servicing procedures specified herein, as of the end of the related Prepayment
Period, that all Liquidation Proceeds, Condemnation Proceeds and Insurance
Proceeds which it expects to recover with respect to the liquidation of the
Mortgage Loan or disposition of the related REO Property have been recovered.

          "Liquidation Proceeds": The amount (other than amounts received in
respect of the rental of any REO Property prior to REO Disposition) received by
the Servicer in connection with (i) the taking of all or a part of a Mortgaged
Property by exercise of the power of eminent domain or condemnation or (ii) the
liquidation of a defaulted Mortgage Loan by means of a trustee's sale,
foreclosure sale or otherwise.

          "Liquidation Report": The report with respect to a Liquidated Mortgage
Loan in such form as is agreed to by the Servicer and the Trustee listing (i)
the sale price of the related Mortgaged Property or amount of the REO
Disposition, (ii) the amount of any Realized Loss (or gain) with respect to such
Liquidated Mortgage Loan, (iii) the expenses relating to the liquidation of such
Liquidated Mortgage Loan and (iv) such other information as is agreed to by the
Servicer and the Trustee.

                                      -28-
<PAGE>

          "Loan-to-Value Ratio": For any Mortgage Loan, the fraction, expressed
as a percentage, the numerator of which is the Principal Balance of the Mortgage
Loan at origination the denominator of which is the Value of the related
Mortgaged Property.

          "Losses": As defined in Section 9.03.

          "Lost Note Affidavit": With respect to any Mortgage Loan as to which
the original Mortgage Note has been permanently lost or destroyed and has not
been replaced, an affidavit from the Seller certifying that the original
Mortgage Note has been lost, misplaced or destroyed (together with a copy of the
related Mortgage Note and indemnifying the Trust against any loss, cost or
liability resulting from the failure to deliver the original Mortgage Note) in
the form of Exhibit H hereto.

          "Majority Certificateholders": The Holders of Certificates evidencing
at least 51% of the Voting Rights.

          "Majority Class CE Certificateholders": The Holders of Class CE
Certificates evidencing at least a 51% Percentage Interest in the Class CE
Certificates.

          "Marker Rate": With respect to the Class CE Certificates and any
Distribution Date, a per annum rate equal to two (2) times the weighted average
of the Uncertificated REMIC 1 Pass-Through Rates for REMIC 1 Regular Interest
LT1A1, REMIC 1 Regular Interest LT1A2, REMIC 1 Regular Interest LT1A3, REMIC 1
Regular Interest LT1M1, REMIC 1 Regular Interest LT1M2, REMIC 1 Regular Interest
LT1M3, REMIC 1 Regular Interest LT1M4, REMIC 1 Regular Interest LT1M5, REMIC 1
Regular Interest LT1M6, REMIC 1 Regular Interest LT1M7A, REMIC 1 Regular
Interest LT1M7F and REMIC 1 Regular Interest LT1ZZ, (i) with the rate on each
such REMIC Regular Interest (other than REMIC 1 Regular Interest LT1ZZ) subject
to a cap equal to the Pass-Through Rate of its Corresponding Class (taking into
account in determining any such Pass-through Rate the imposition of the Pool
Cap, as applicable, as described in footnotes (1) through (11) to the table in
the Preliminary Statement relating to the Certificates) for the purposes of this
calculation and (ii) with the rate on REMIC 1 Regular Interest LT1ZZ subject to
a cap of zero for the purpose of this calculation; provided, however, that for
this purpose, calculations of the Uncertificated REMIC 1 Pass-Through Rate and
the related caps with respect to each such REMIC Regular Interest (other than
REMIC 1 Regular Interest LT1ZZ) shall be multiplied by a fraction, the numerator
of which is the actual number of days in the Interest Accrual Period and the
denominator of which is 30.

          "Maximum LT1ZZ Uncertificated Accrued Interest Deferral Amount": With
respect to any Distribution Date, the excess of (a) accrued interest at the
Uncertificated REMIC 1 Pass-Through Rate applicable to REMIC 1 Regular Interest
LT1ZZ for such Distribution Date on a balance equal to the Uncertificated
Principal Balance of REMIC 1 Regular Interest LT1ZZ minus the REMIC 1
Overcollateralized Amount, in each case for such Distribution Date, over (b)
Uncertificated Accrued Interest on REMIC 1 Regular Interest LT1A1, REMIC 1
Regular Interest LT1A2, REMIC 1 Regular Interest LT1A3, REMIC 1 Regular Interest
LT1M1, REMIC 1 Regular Interest LT1M2, REMIC 1 Regular Interest LT1M3, REMIC 1
Regular Interest LT1M4, REMIC 1 Regular Interest LT1M5, REMIC 1 Regular Interest
LT1M6, REMIC 1 Regular Interest LT1M7A and REMIC 1 Regular Interest LT1M7F each
subject to a cap equal to the

                                      -29-
<PAGE>

Pass-Through Rate of the related Corresponding Class for the purpose of this
calculation; provided, however, that for this purpose, calculations of the
Uncertificated REMIC 1 Pass-Through Rate and the related caps with respect to
Uncertificated Accrued Interest on REMIC 1 Regular Interest LT1A1, REMIC 1
Regular Interest LT1A2, REMIC 1 Regular Interest LT1A3, REMIC 1 Regular Interest
LT1M1, REMIC 1 Regular Interest LT1M2, REMIC 1 Regular Interest LT1M3, REMIC 1
Regular Interest LT1M4, REMIC 1 Regular Interest LT1M5, REMIC 1 Regular Interest
LT1M6, and REMIC 1 Regular Interest LT1M7A shall be multiplied by a fraction,
the numerator of which is the actual number of days in the Interest Accrual
Period and the denominator of which is 30.

          "Maximum Mortgage Interest Rate": With respect to each Adjustable-Rate
Mortgage Loan, the percentage set forth in the related Mortgage Note as the
maximum Mortgage Interest Rate thereunder.

          "Maximum Rate Cap": With respect to any Distribution Date, a per annum
rate (not less than zero), adjusted by multiplying such rate by a fraction equal
to 30 over the actual number of days in the related Interest Accrual Period,
equal to the average of the Net Maximum Mortgage Interest Rates for the
Adjustable-Rate Mortgage Loans and the Net Mortgage Interest Rates for the
Fixed-Rate Mortgage Loans, weighted on the basis of the Principal Balances of
the Mortgage Loans as of the first day of the related Collection Period.

          "MERS": Mortgage Electronic Registration Systems, Inc., a Delaware
corporation, or any successor to it.

          "Minimum Mortgage Interest Rate": With respect to each Adjustable-Rate
Mortgage Loan, the percentage set forth in the related Mortgage Note as the
minimum Mortgage Interest Rate thereunder.

          "Monthly Excess Cashflow Amount": The sum of the Monthly Excess
Interest Amount, the Overcollateralization Release Amount and (without
duplication) any portion of the Principal Distribution Amount remaining after
principal distributions on the Class A and Class M Certificates.

          "Monthly Excess Interest Amount": With respect to each Distribution
Date, the amount, if any, by which the Interest Remittance Amount for such
Distribution Date exceeds the aggregate amount distributed on such Distribution
Date pursuant to paragraphs (i) through (xi) under Section 4.01.

          "Monthly Form 8-K": As defined in Section 3.31(a) hereof.

          "Monthly Payment": With respect to any Mortgage Loan, the scheduled
monthly payment of principal and interest on such Mortgage Loan which is payable
by the related Mortgagor from time to time under the related Mortgage Note,
determined: (a) after giving effect to (i) any Deficient Valuation and/or Debt
Service Reduction with respect to such Mortgage Loan and (ii) any reduction in
the amount of interest collectible from the related Mortgagor pursuant to the
Relief Act or similar state laws; (b) without giving effect to any extension
granted or agreed to by the Servicer pursuant to Section 3.01; and (c) on the
assumption that all other amounts, if any, due under such Mortgage Loan are paid
when due.

                                      -30-
<PAGE>

          "Mortgage": The mortgage, deed of trust or other instrument creating a
first lien on, or first priority security interest in, a Mortgaged Property
securing a Mortgage Note.

          "Mortgage File": The mortgage documents listed in Section 2.01
pertaining to a particular Mortgage Loan and any additional documents required
to be added to the Mortgage File pursuant to this Agreement.

          "Mortgage Interest Rate": With respect to each Mortgage Loan, the
annual rate at which interest accrues on such Mortgage Loan from time to time in
accordance with the provisions of the related Mortgage Note, which rate (i) in
the case of each Fixed-Rate Mortgage Loan shall remain constant at the rate set
forth in the Mortgage Loan Schedule as the Mortgage Interest Rate in effect
immediately following the Cut-off Date and (ii) in the case of each
Adjustable-Rate Mortgage Loan (A) as of any date of determination until the
first Adjustment Date following the Cut-off Date shall be the rate set forth in
the Mortgage Loan Schedule as the Mortgage Interest Rate in effect immediately
following the Cut-off Date and (B) as of any date of determination thereafter
shall be the rate as adjusted on the most recent Adjustment Date, to equal the
sum, rounded as provided in the Mortgage Note, of the Index, determined as set
forth in the related Mortgage Note, plus the related Gross Margin subject to the
limitations set forth in the related Mortgage Note. With respect to each
Mortgage Loan that becomes an REO Property, as of any date of determination, the
annual rate determined in accordance with the immediately preceding sentence as
of the date such Mortgage Loan became an REO Property.

          "Mortgage Loan": Each mortgage loan transferred and assigned to the
Trustee pursuant to Section 2.01 or Section 2.03(d) as from time to time held as
a part of the Trust Fund, the Mortgage Loans so held being identified in the
Mortgage Loan Schedule.

          "Mortgage Loan Purchase Agreement": The agreement between the Seller
and the Depositor, dated as of October 21, 2004, regarding the transfer of the
Mortgage Loans by the Seller to or at the direction of the Depositor.

          "Mortgage Loan Schedule": As of any date with respect to the Mortgage
Loans, the lists of such Mortgage Loans included in the Trust Fund on such date,
identifying such Mortgage Loans, attached hereto as Exhibit D. The Mortgage Loan
Schedule shall set forth the following information with respect to each Mortgage
Loan:

          (1)     the Mortgage Loan identifying number;

          (2)     the state and zip code of the Mortgaged Property;

          (3)     the type of Residential Dwelling constituting the Mortgaged
                  Property;

          (4)     the occupancy status of the Mortgaged Property at origination;

          (5)     the original months to maturity;

          (6)     the date of origination;

          (7)     the first payment date;

                                      -31-
<PAGE>

          (8)     the stated maturity date;

          (9)     the stated remaining months to maturity;

          (10)    the original principal amount of the Mortgage Loan;

          (11)    the Principal Balance of each Mortgage Loan as of the Cut-off
                  Date;

          (12)    the Mortgage Interest Rate of the Mortgage Loan as of the
                  Cut-off Date;

          (13)    the current principal and interest payment of the Mortgage
                  Loan as of the Cut-off Date;

          (14)    the contractual interest paid to date of the Mortgage Loan;

          (15)    the Loan-to-Value Ratio at origination and as of the Cut-off
                  Date;

          (16)    a code indicating the loan performance status of the Mortgage
                  Loan as of the Cut-off Date;

          (17)    a code indicating whether the Mortgage Loan is an
                  Adjustable-Rate Mortgage Loan or a Fixed-Rate Mortgage Loan;

          (18)    for each Adjustable-Rate Mortgage Loan, a code indicating the
                  Index that is associated with such Mortgage Loan;

          (19)    for each Adjustable-Rate Mortgage Loan, the Gross Margin;

          (20)    for each Adjustable-Rate Mortgage Loan, the Periodic Rate Cap;

          (21)    for each Adjustable-Rate Mortgage Loan, the Minimum Mortgage
                  Interest Rate;

          (22)    for each Adjustable-Rate Mortgage Loan, the Maximum Mortgage
                  Interest Rate;

          (23)    a code indicating whether the Mortgage Loan has a Prepayment
                  Charge and the type of Prepayment Charge and the term;

          (24)    for each Adjustable-Rate Mortgage Loan, the first Adjustment
                  Date immediately following the Cut-off Date;

          (25)    for each Adjustable-Rate Mortgage Loan, the rate adjustment
                  frequency;

          (26)    for each Adjustable-Rate Mortgage Loan, the payment adjustment
                  frequency;

          (27)    the purpose of the Mortgage Loan;

                                      -32-
<PAGE>

          (28)    a code indicating whether the Mortgage Loan is a DAD Mortgage
                  Loan;

          (29)    a code indicating whether the Mortgage Loan has an
                  interest-only period and the term of such interest-only
                  period;

          (30)    a code indicating whether the Mortgage Loan is a PMI Mortgage
                  Loan; and

          (31)    the applicable PMI Insurer Fee Rate for each PMI Mortgage
                  Loan.

          The Mortgage Loan Schedule shall set forth the following information,
as of the Cut-off Date, with respect to the Mortgage Loans in the aggregate: (1)
the number of Mortgage Loans; (2) the aggregate outstanding principal balance of
the Mortgage Loans; (3) the weighted average Mortgage Interest Rate of the
Mortgage Loans; and (4) the weighted average months to maturity of the Mortgage
Loans. The Mortgage Loan Schedule shall be amended from time to time in
accordance with the provisions of this Agreement and a copy of such amended
Mortgage Loan Schedule shall be furnished by the Servicer to the NIMS Insurer.
With respect to any Eligible Substitute Mortgage Loan, Cut-off Date shall refer
to the applicable date of substitution.

          "Mortgage Note": The original executed note or other evidence of
indebtedness evidencing the indebtedness of a Mortgagor under a Mortgage Loan.

          "Mortgage Pool": The pool of Mortgage Loans, identified on the
Mortgage Loan Schedule from time to time, and any REO Properties acquired in
respect thereof.

          "Mortgaged Property": The underlying property securing a Mortgage
Loan, including any REO Property, consisting of an Estate in Real Property
improved by a Residential Dwelling.

          "Mortgagor": The obligor on a Mortgage Note.

          "Net Liquidation Proceeds": With respect to any Liquidated Mortgage
Loan or any other disposition of related Mortgaged Property (including REO
Property) the related Liquidation Proceeds net of unreimbursed Advances,
unreimbursed Servicing Advances, Servicing Fees and any other accrued and unpaid
servicing fees received and retained in connection with the liquidation of such
Mortgage Loan or Mortgaged Property.

          "Net Maximum Mortgage Interest Rate": With respect to any
Adjustable-Rate Mortgage Loan, the applicable Maximum Mortgage Interest Rate
minus the Expense Fee Rate.

          "Net Mortgage Interest Rate": With respect to any Mortgage Loan, the
Mortgage Interest Rate borne by such Mortgage Loan minus the Expense Fee Rate.

          "New Lease": Any lease of REO Property entered into on behalf of the
Trust, including any lease renewed or extended on behalf of the Trust if the
Trust has the right to renegotiate the terms of such lease.

                                      -33-
<PAGE>

          "NIMS Insurer": Any insurer that is guaranteeing certain payments
under notes secured by collateral which includes all or a portion of the Class
CE, Class P and Class R Certificates.

          "Nonrecoverable Advance": Any Advance or Servicing Advance previously
made or proposed to be made in respect of a Mortgage Loan that, in the good
faith business judgment of the Servicer, will not or, in the case of a proposed
Advance or Servicing Advance, would not be ultimately recoverable from Late
Collections on such Mortgage Loan as provided herein.

          "Notional Amount": With respect to the Class CE Certificates, a
notional amount equal to the aggregate principal balance of the REMIC 1 Regular
Interests other than REMIC 1 Regular Interest LT1P.

          "Offered Certificates": The Class A-1, Class A-2, Class A-3, Class
M-1, Class M-2, Class M-3, Class M-4, Class M-5 and Class M-7F Certificates.

          "Officers' Certificate": A certificate signed by the Chairman of the
Board, the Vice Chairman of the Board, the President, a vice president (however
denominated) or a principal, and by the Treasurer, the Secretary, or one of the
assistant treasurers or assistant secretaries of the Servicer, the Seller or the
Depositor, as applicable.

          "One-Month LIBOR": With respect to each Interest Accrual Period, the
rate determined by the Trustee on the related LIBOR Determination Date on the
basis of the offered rate for one-month United States dollar deposits, as such
rate appears on the Telerate Page 3750, as of 11:00 a.m. (London time) on such
LIBOR Determination Date. If no such quotations are available on an LIBOR
Determination Date, One-Month LIBOR for the related Interest Accrual Period will
be established by the Trustee as follows:

          (i)     If on such LIBOR Determination Date two or more Reference
     Banks provide such offered quotations, One-Month LIBOR for the related
     Interest Accrual Period shall be the arithmetic mean of such offered
     quotations (rounded upwards if necessary to the nearest whole multiple of
     0.001%);

          (ii)    If on such LIBOR Determination Date fewer than two Reference
     Banks provide such offered quotations, One-Month LIBOR for the related
     Interest Accrual Period shall be the arithmetic mean of the rates quoted by
     one or more major banks in New York City, selected by the Trustee after
     consultation with the Depositor and the NIMS Insurer, as of 11:00 A.M., New
     York City time, on such date for loans in U.S. Dollars to leading European
     banks for a period of one month in amounts approximately equal to the
     aggregate Certificate Principal Balance of the Class A and Class M
     Certificates (other than the Class M-7F Certificates); and

          (iii)   If no such quotations can be obtained, One-Month LIBOR for the
     related Interest Accrual Period shall be One-Month LIBOR for the prior
     Distribution Date.

          The establishment of One-Month LIBOR on each LIBOR Determination Date
by the Trustee and the Trustee's calculation of the rate of interest applicable
to the Class A and

                                      -34-
<PAGE>

Class M Certificates (other than the Class M-7F Certificates) for the related
Interest Accrual Period shall (in the absence of manifest error) be final and
binding.

          "Opinion of Counsel": A written opinion of counsel, who may, without
limitation, be a salaried counsel for the Depositor or the Servicer except that
any opinion of counsel relating to (a) the qualification of any REMIC as a REMIC
or (b) compliance with the REMIC Provisions must be an opinion of Independent
counsel.

          "Optional Termination Date": The first Distribution Date on which the
NIMS Insurer, if there is a NIMS Insurer, the Majority Class CE
Certificateholders or, if such Majority Class CE Certificateholder is the Seller
or is an affiliate of the Seller, the Servicer, may opt to terminate the
Mortgage Pool pursuant to Section 10.01.

          "Original Class Certificate Principal Balance": With respect to each
Class of Certificates, the Certificate Principal Balance thereof on the Closing
Date, as set forth opposite such Class in the Preliminary Statement, except with
respect to (i) the Class R Certificates, which have an Original Class
Certificate Principal Balance of zero and (ii) the Class CE Certificates, which,
solely for REMIC purposes, have an Original Class Certificate Principal Balance
equal to the Initial Overcollateralization Amount.

          "Originator": First Franklin Financial Corporation and its successors.

          "Originator Mortgage Loan Purchase Agreement": The Flow Sale and
Interim Servicing Agreement, dated as of September 1, 2004, by and between the
Seller, as purchaser, and First Franklin Financial Corporation, as seller.

          "Originator Prepayment Charge Payment Amount": The amount payable by
the Originator pursuant to Section 4.21 of the Originator Mortgage Loan Purchase
Agreement in respect of certain Prepayment Charges that are not collected from
the related Mortgagor, which amounts shall not be part of any REMIC formed
hereunder.

          "Overcollateralization Amount": As of any Distribution Date, the
excess, if any, of (x) the Pool Balance as of the last day of the related
Collection Period over (y) the aggregate Certificate Principal Balance of the
Class A and Class M Certificates (after taking into account all distributions of
principal on such Distribution Date and the increase of any Certificate
Principal Balance as a result of Subsequent Recoveries).

          "Overcollateralization Deficiency": As of any Distribution Date, the
excess, if any, of (x) the Targeted Overcollateralization Amount for such
Distribution Date over (y) the Overcollateralization Amount for such
Distribution Date, calculated for this purpose after taking into account the
reduction on such Distribution Date of the Certificate Principal Balances of all
Classes of Class A and Class M Certificates resulting from the distribution of
the Principal Distribution Amount (but not the Extra Principal Distribution
Amount) on such Distribution Date, but prior to taking into account any Applied
Realized Loss Amounts on such Distribution Date.

          "Overcollateralization Release Amount": With respect to any
Distribution Date after the Stepdown Date on which a Trigger Event is not in
effect, the lesser of (x) the Principal

                                      -35-
<PAGE>

Remittance Amount for such Distribution Date and (y) the excess, if any, of (i)
the Overcollateralization Amount for such Distribution Date, assuming that 100%
of the Principal Remittance Amount is applied as a principal payment on the
Class A and Class M Certificates on such Distribution Date, over (ii) the
Targeted Overcollateralization Amount for such Distribution Date. With respect
to any Distribution Date on which a Trigger Event is in effect, the
Overcollateralization Release Amount will be zero.

          "Ownership Interest": As to any Certificate, any ownership or security
interest in such Certificate, including any interest in such Certificate as the
Holder thereof and any other interest therein, whether direct or indirect, legal
or beneficial, as owner or as pledgee.

          "Pass-Through Rate": Any of the Class A-1 Pass-Through Rate, the Class
A-2 Pass-Through Rate, the Class A-3 Pass-Through Rate, the Class M-1
Pass-Through Rate, the Class M-2 Pass-Through Rate, the Class M-3 Pass-Through
Rate, the Class M-4 Pass-Through Rate, the Class M-5 Pass-Through Rate, the
Class M-6 Pass-Through Rate, the Class M-7A Pass-Through Rate and the Class M-7F
fixed rate; and in the case of any Regular Interest, the Pass-Through Rate set
forth in the definition thereof.

          With respect to the Class CE Certificates and any Distribution Date, a
per annum rate equal to the percentage equivalent of a fraction, the numerator
of which is the sum of the amounts calculated pursuant to clauses (A) through
(N) below, and the denominator of which is the aggregate of the Uncertificated
Principal Balances of REMIC 1 Regular Interest LT1AA, REMIC 1 Regular Interest
LT1A1, REMIC 1 Regular Interest LT1A2, REMIC 1 Regular Interest LT1A3, REMIC 1
Regular Interest LT1M1, REMIC 1 Regular Interest LT1M2, REMIC 1 Regular Interest
LT1M3, REMIC 1 Regular Interest LT1M4, REMIC 1 Regular Interest LT1M5, REMIC 1
Regular Interest LT1M6, REMIC 1 Regular Interest LT1M7A, REMIC 1 Regular
Interest LT1M7F and REMIC 1 Regular Interest LT1ZZ. For purposes of calculating
the Pass-Through Rate for the Class CE Certificates, the numerator is equal to
the sum of the following components:

          (A)  the Uncertificated REMIC 1 Pass-Through Rate for REMIC 1 Regular
Interest LT1AA minus the Marker Rate, applied to an amount equal to the
Uncertificated Principal Balance of REMIC 1 Regular Interest LT1AA;

          (B)  the Uncertificated REMIC 1 Pass-Through Rate for REMIC 1 Regular
Interest LT1A1 minus the Marker Rate, applied to an amount equal to the
Uncertificated Principal Balance of REMIC 1 Regular Interest LT1A1;

          (C)  the Uncertificated REMIC 1 Pass-Through Rate for REMIC 1 Regular
Interest LT1A2 minus the Marker Rate, applied to an amount equal to the
Uncertificated Principal Balance of REMIC 1 Regular Interest LT1A2;

          (D)  the Uncertificated REMIC 1 Pass-Through Rate for REMIC 1 Regular
Interest LT1A3 minus the Marker Rate, applied to an amount equal to the
Uncertificated Principal Balance of REMIC 1 Regular Interest LT1A3;

                                      -36-
<PAGE>

          (E)  the Uncertificated REMIC 1 Pass-Through Rate for REMIC 1 Regular
Interest LT1M1 minus the Marker Rate, applied to an amount equal to the
Uncertificated Principal Balance of REMIC 1 Regular Interest LT1M1;

          (F)  the Uncertificated REMIC 1 Pass-Through Rate for REMIC 1 Regular
Interest LT1M2 minus the Marker Rate, applied to an amount equal to the
Uncertificated Principal Balance of REMIC 1 Regular Interest LT1M2;

          (G)  the Uncertificated REMIC 1 Pass-Through Rate for REMIC 1 Regular
Interest LT1M3 minus the Marker Rate, applied to an amount equal to the
Uncertificated Principal Balance of REMIC 1 Regular Interest LT1M3;

          (H)  the Uncertificated REMIC 1 Pass-Through Rate for REMIC 1 Regular
Interest LT1M4 minus the Marker Rate, applied to an amount equal to the
Uncertificated Principal Balance of REMIC 1 Regular Interest LT1M4;

          (I)  the Uncertificated REMIC 1 Pass-Through Rate for REMIC 1 Regular
Interest LT1M5 minus the Marker Rate, applied to an amount equal to the
Uncertificated Principal Balance of REMIC 1 Regular Interest LT1M5;

          (J)  the Uncertificated REMIC 1 Pass-Through Rate for REMIC 1 Regular
Interest LT1M6 minus the Marker Rate, applied to an amount equal to the
Uncertificated Principal Balance of REMIC 1 Regular Interest LT1M6;

          (K)  the Uncertificated REMIC 1 Pass-Through Rate for REMIC 1 Regular
Interest LT1M7A minus the Marker Rate, applied to an amount equal to the
Uncertificated Principal Balance of REMIC 1 Regular Interest LT1M7A;

          (L)  the Uncertificated REMIC 1 Pass-Through Rate for REMIC 1 Regular
Interest LT1M7F minus the Marker Rate, applied to an amount equal to the
Uncertificated Principal Balance of REMIC 1 Regular Interest LT1M7F;

          (M)  the Uncertificated REMIC 1 Pass-Through Rate for REMIC 1 Regular
Interest LT1ZZ minus the Marker Rate, applied to an amount equal to the
Uncertificated Principal Balance of REMIC 1 Regular Interest LT1ZZ; and

          (N)  100% of the Interest on REMIC 1 Regular Interest LT1P.

          "Paying Agent": Any paying agent appointed pursuant to Section 5.05.

          "Percentage Interest": With respect to any Certificate (other than a
Class CE or Class R Certificate), a fraction, expressed as a percentage, the
numerator of which is the Initial Certificate Principal Balance, as the case may
be, represented by such Certificate and the denominator of which is the Original
Class Certificate Principal Balance of the related Class. With respect to a
Class CE Certificate, the portion of the Class evidenced thereby, expressed as a
percentage, as stated on the face of such Certificate; provided, however, that
the sum of all such percentages for each such Class totals 100%. With respect to
the Class R Certificate, 100%.

                                      -37-
<PAGE>

          "Periodic Rate Cap": With respect to each Adjustable-Rate Mortgage
Loan and any Adjustment Date therefor, the fixed percentage set forth in the
related Mortgage Note, which is the maximum amount by which the Mortgage
Interest Rate for such Mortgage Loan may increase or decrease (without regard to
the Maximum Mortgage Interest Rate or the Minimum Mortgage Interest Rate) on
such Adjustment Date from the Mortgage Interest Rate in effect immediately prior
to such Adjustment Date.

          "Permitted Transferee": Any transferee of a Class R Certificate other
than a Disqualified Organization, a non-U.S. Person or a U.S. Person with
respect to whom income on the Class R Certificate is attributable to a foreign
permanent establishment or fixed base, within the meaning of an applicable
income tax treaty, of such Person or any other U.S. Person.

          "Person": Any individual, corporation, partnership, joint venture,
association, joint stock company, trust, limited liability company,
unincorporated organization or government or any agency or political subdivision
thereof.

          "PMI Insurer": Radian Guaranty Inc., a Pennsylvania corporation, and
its successors or any replacement thereto.

          "PMI Insurer Fee": The amount payable to the PMI Insurer on each
Distribution Date, which amount shall equal one twelfth of the product of (i)
the PMI Insurer Fee Rate, multiplied by (ii) the aggregate Principal Balance of
the PMI Mortgage Loans and any related REO Properties as of the first day of the
related Collection Period plus any applicable premium taxes on PMI Mortgage
Loans located in West Virginia and Kentucky.

          "PMI Insurer Fee Rate": With respect to each PMI Mortgage Loan, 1.18%
per annum.

          "PMI Mortgage Loan": A Mortgage Loan listed on the Mortgage Loan
Schedule as being covered by the PMI Policy.

          "PMI Policy": The primary private mortgage Insurance Policy No. 10131
and related Mortgage Guaranty Commitment Certificate reference ID# 04-998066 and
related assignment issued by the PMI Insurer with respect to the PMI Mortgage
Loans.

          "Pool Balance": As of any date of determination, the aggregate
Principal Balance of the Mortgage Loans.

          "Pool Cap": As of any Distribution Date, a per annum rate, adjusted by
multiplying such rate by a fraction equal to 30 over the actual number of days
in the related Interest Accrual Period, equal to the weighted average of the Net
Mortgage Interest Rates of the Mortgage Loans, weighted on the basis of the
Principal Balances of the Mortgage Loans as of the first day of the related
Collection Period.

          "Prepayment Charge": With respect to any Prepayment Period, any
prepayment premium, penalty or charge collected by the Servicer from a Mortgagor
in connection with any voluntary Principal Prepayment in full pursuant to the
terms of the related Mortgage Note as from time to time held as a part of the
Trust Fund, the Prepayment Charges so held being

                                      -38-
<PAGE>

identified in the Mortgage Loan Schedule (other than any Originator Prepayment
Charge Payment Amount or Servicer Prepayment Charge Payment Amount).

          "Prepayment Interest Shortfall": With respect to any Distribution
Date, for each Mortgage Loan that was the subject of a Principal Prepayment
during the related Prepayment Period that was applied by the Servicer to reduce
the outstanding Principal Balance of such Mortgage Loan on a date preceding the
related Due Date, an amount equal to interest at the applicable Mortgage
Interest Rate (net of the Servicing Fee Rate) on the amount of such Principal
Prepayment for the number of days commencing on the date on which the Principal
Prepayment is applied and ending on the last day of the related Prepayment
Period.

          "Prepayment Period": With respect to any Distribution Date, the
calendar month preceding the calendar month in which such Distribution Date
occurs.

          "Principal Balance": As to any Mortgage Loan and any day, other than a
Liquidated Mortgage Loan, the related Cut-off Date Principal Balance, minus the
sum of (i) all collections and other amounts credited against the principal
balance of any such Mortgage Loan, (ii) the principal portion of Advances, (iii)
any Deficient Valuation and (iv) any principal reduction resulting from a
Servicer Modification. For purposes of this definition, a Liquidated Mortgage
Loan shall be deemed to have a Principal Balance equal to the Principal Balance
of the related Mortgage Loan as of the final recovery of related Liquidation
Proceeds and a Principal Balance of zero thereafter. As to any REO Property and
any day, the Principal Balance of the related Mortgage Loan immediately prior to
such Mortgage Loan becoming REO Property minus any REO Principal Amortization
received with respect thereto on or prior to such day.

          "Principal Distribution Amount": As to any Distribution Date, the sum
of (i) the Principal Remittance Amount minus the Overcollateralization Release
Amount, if any, and (ii) the Extra Principal Distribution Amount, if any.

          "Principal Prepayment": Any payment of principal made by the Mortgagor
on a Mortgage Loan which is received in advance of its scheduled Due Date and
which is not accompanied by an amount of interest representing the full amount
of scheduled interest due on any Due Date in any month or months subsequent to
the month of prepayment.

          "Principal Remittance Amount": With respect to any Distribution Date,
to the extent of funds available therefor, the sum (less amounts available for
reimbursement of Advances and Servicing Advances pursuant to Section 3.05 and
expenses reimbursable pursuant to Section 6.03) of: (i) each payment of
principal on a Mortgage Loan due during the related Collection Period and
received by the Servicer on or prior to the related Determination Date, and any
Advances with respect thereto, (ii) all full and partial Principal Prepayments
received by the Servicer during the related Prepayment Period, (iii) Insurance
Proceeds, Net Liquidation Proceeds and Subsequent Recoveries allocable to
principal actually collected by the Servicer during the related Prepayment
Period, (iv) with respect to Defective Mortgage Loans repurchased with respect
to such Prepayment Period, the portion of the Purchase Price allocable to
principal, (v) any Substitution Adjustments received during the related
Prepayment Period and (vi) on the Distribution Date on which the Trust is to be
terminated in accordance with

                                      -39-
<PAGE>

Section 10.01 hereof, that portion of the Termination Price in respect of
principal of the Mortgage Loans.

          "Private Certificates": Any of the Class M-6, Class M-7A, Class CE,
Class P and Class R Certificates.

          "Private Placement Memorandum": That certain Private Placement
Memorandum dated October 21, 2004 relating to the private offering of the Class
M-6 and Class M-7A Certificates.

          "Prospectus Supplement": That certain Prospectus Supplement dated
October 18, 2004 relating to the public offering of the Offered Certificates.

          "Purchase Price": With respect to any Mortgage Loan or REO Property to
be purchased pursuant to or as contemplated by Section 2.03 or 10.01, an amount
equal to the sum of (i) 100% of the Principal Balance thereof as of the date of
purchase (or such other price as provided in Section 10.01), (ii) in the case of
(x) a Mortgage Loan, accrued interest on such Principal Balance at the
applicable Mortgage Interest Rate in effect from time to time from the Due Date
as to which interest was last covered by a payment by the Mortgagor or an
Advance by the Servicer, which payment or Advance had as of the date of purchase
been distributed pursuant to Section 4.01, through the end of the calendar month
in which the purchase is to be effected, and (y) an REO Property, accrued
interest at the applicable Mortgage Interest Rate on its fair market value,
determined in good faith by the Servicer, (iii) any unreimbursed Servicing
Advances and Advances and any unpaid Servicing Fees allocable to such Mortgage
Loan or REO Property, (iv) any amounts previously withdrawn from the Collection
Account in respect of such Mortgage Loan or REO Property pursuant to Section
3.13, (v) in the case of a Mortgage Loan required to be purchased pursuant to
Section 2.03, expenses reasonably incurred or to be incurred by the Servicer or
the Trustee in respect of the breach or defect giving rise to the purchase
obligation, and (vi) any costs and damages incurred by the Trust in connection
with any violation by such Mortgage Loan of any predatory or abusive lending
law.

          "Rating Agency or Rating Agencies": Fitch, S&P and DBRS, or their
respective successors. If such agencies or their successors are no longer in
existence, "Rating Agencies" shall be such nationally recognized statistical
rating organizations as set forth on the most current list of such organizations
released by the Securities and Exchange Commission and designated by the
Depositor, notice of which designation shall be given to the Trustee and the
Servicer.

          "Realized Loss": With respect to a Liquidated Mortgage Loan, the
amount by which the remaining unpaid principal balance of the Mortgage Loan
exceeds the amount of Net Liquidation Proceeds applied to the principal balance
of the related Mortgage Loan. With respect to any Mortgage Loan, a Deficient
Valuation or a reduction in the Principal Balance thereof resulting from a
Servicer Modification.

          "Realized Loss Amortization Amount": Any of the Class M-1 Realized
Loss Amortization Amount, the Class M-2 Realized Loss Amortization Amount, the
Class M-3 Realized Loss Amortization Amount, the Class M-4 Realized Loss
Amortization Amount, the

                                      -40-
<PAGE>

Class M-5 Realized Loss Amortization Amount, the Class M-6 Realized Loss
Amortization Amount and the Class M-7 Realized Loss Amortization Amount.

          "Record Date": With respect to all of the Certificates (other than the
Class M-7F, Class CE, Class P and Class R Certificates), the Business Day
immediately preceding such Distribution Date; provided, however, that if any
such Certificate becomes a Definitive Certificate, the Record Date for such
Certificate shall be the last Business Day of the month immediately preceding
the month in which the related Distribution Date occurs. With respect to the
Class M-7F, Class CE, Class P and Class R Certificates, the last Business Day of
the month immediately preceding the month in which the related Distribution Date
occurs.

          "Reference Banks": Those banks (i) with an established place of
business in London, England, (ii) not controlling, under the control of or under
common control with the Depositor or the Trustee, (iii) whose quotations appear
on the Telerate Page 3750 on the relevant LIBOR Determination Date and (iv)
which have been designated as such by the Trustee; provided, however, that if
fewer than two of such banks provide a One-Month LIBOR rate, then any leading
banks selected by the Trustee which are engaged in transactions in United States
dollar deposits in the international Eurocurrency market.

          "Regular Certificate": Any of the Class A Certificates, Class M
Certificates, Class CE Certificates and the Class P Certificates.

          "Reimbursement Amount": With respect to any Mortgage Loan, any costs
or damages incurred by the Trust in connection with a breach of (i) the
Originator's representation set forth in Section 3.02(i) of the Originator
Mortgage Loan Purchase Agreement and (ii) the Seller's representations set forth
in Sections 3.01(i), 3.01(ii) and 3.01(iii) of the Mortgage Loan Purchase
Agreement.

          "Related Documents": With respect to any Mortgage Loan, the related
Mortgage Notes, Mortgages and other related documents.

          "Relief Act": The Servicemembers Civil Relief Act, as it may be
amended from time to time.

          "Relief Act Interest Shortfall": With respect to any Distribution
Date, for any Mortgage Loan with respect to which there has been a reduction in
the amount of interest collectible thereon for the most recently ended
Collection Period as a result of the application of the Relief Act or similar
state or local laws, the amount by which (i) interest collectible on such
Mortgage Loan during such Collection Period is less than (ii) one month's
interest on the Principal Balance of such Mortgage Loan at the Mortgage Interest
Rate for such Mortgage Loan before giving effect to the application of the
Relief Act or similar state or local laws.

          "REMIC": A "real estate mortgage investment conduit" within the
meaning of Section 860D of the Code.

          "REMIC 1 Interest Loss Allocation Amount": With respect to any
Distribution Date, an amount equal to (a) the product of (i) the sum of the
aggregate Principal Balance of the Mortgage Loans and related REO Properties
then outstanding and (ii) the Uncertificated REMIC

                                      -41-
<PAGE>

1 Pass-Through Rate for REMIC 1 Regular Interest LT1AA minus the Marker Rate,
divided by (b) 12.

          "REMIC 1 Overcollateralization Target Amount": The Targeted
Overcollateralization Amount.

          "REMIC 1 Overcollateralized Amount": With respect to any date of
determination, (i) the aggregate Uncertificated Principal Balances of the REMIC
1 Regular Interests minus (ii) the aggregate of the Uncertificated Principal
Balances of REMIC 1 Regular Interest LT1A1, REMIC 1 Regular Interest LT1A2,
REMIC 1 Regular Interest LT1A3, REMIC 1 Regular Interest LT1M1, REMIC 1 Regular
Interest LT1M2, REMIC 1 Regular Interest LT1M3, REMIC 1 Regular Interest LT1M4,
REMIC 1 Regular Interest LT1M5, REMIC 1 Regular Interest LT1M6, REMIC 1 Regular
Interest LT1M7A, REMIC 1 Regular Interest LT1M7F and REMIC 1 Regular Interest
LT1P, in each case as of such date of determination.

          "REMIC 1 Principal Loss Allocation Amount": With respect to any
Distribution Date, an amount equal to (a) the product of (i) the aggregate
Principal Balance of the Mortgage Loans and related REO Properties then
outstanding and (ii) 1 minus a fraction, the numerator of which is two times the
aggregate of the Uncertificated Principal Balances of REMIC 1 Regular Interest
LT1A1, REMIC 1 Regular Interest LT1A2, REMIC 1 Regular Interest LT1A3, REMIC 1
Regular Interest LT1M1, REMIC 1 Regular Interest LT1M2, REMIC 1 Regular Interest
LT1M3, REMIC 1 Regular Interest LT1M4, REMIC 1 Regular Interest LT1M5, REMIC 1
Regular Interest LT1M6, REMIC 1 Regular Interest LT1M7A and REMIC 1 Regular
Interest LT1M7F and the denominator of which is the aggregate of the
Uncertificated Principal Balances of REMIC 1 Regular Interest LT1A1, REMIC 1
Regular Interest LT1A2, REMIC 1 Regular Interest LT1A3, REMIC 1 Regular Interest
LT1M1, REMIC 1 Regular Interest LT1M2, REMIC 1 Regular Interest LT1M3, REMIC 1
Regular Interest LT1M4, REMIC 1 Regular Interest LT1M5, REMIC 1 Regular Interest
LT1M6, REMIC 1 Regular Interest LT1M7A, REMIC 1 Regular Interest LT1M7F and
REMIC 1 Regular Interest LT1ZZ.

          "REMIC 1 Regular Interest LT1AA": One of the separate non-certificated
beneficial ownership interests in REMIC 1 issued hereunder and designated as a
Regular Interest in REMIC 1. REMIC 1 Regular Interest LT1AA shall accrue
interest at the related Uncertificated REMIC 1 Pass-Through Rate in effect from
time to time, and shall be entitled to distributions of principal, subject to
the terms and conditions hereof, in an aggregate amount equal to its initial
Uncertificated Principal Balance as set forth in the Preliminary Statement
hereto.

          "REMIC 1 Regular Interest LT1A1": One of the separate non-certificated
beneficial ownership interests in REMIC 1 issued hereunder and designated as a
Regular Interest in REMIC 1. REMIC 1 Regular Interest LT1A1 shall accrue
interest at the related Uncertificated REMIC 1 Pass-Through Rate in effect from
time to time, and shall be entitled to distributions of principal, subject to
the terms and conditions hereof, in an aggregate amount equal to its initial
Uncertificated Principal Balance as set forth in the Preliminary Statement
hereto.

                                      -42-
<PAGE>

          "REMIC 1 Regular Interest LT1A2": One of the separate non-certificated
beneficial ownership interests in REMIC 1 issued hereunder and designated as a
Regular Interest in REMIC 1. REMIC 1 Regular Interest LT1A2 shall accrue
interest at the related Uncertificated REMIC 1 Pass-Through Rate in effect from
time to time, and shall be entitled to distributions of principal, subject to
the terms and conditions hereof, in an aggregate amount equal to its initial
Uncertificated Principal Balance asset forth in the Preliminary Statement
hereto.

          "REMIC 1 Regular Interest LT1A3": One of the separate non-certificated
beneficial ownership interests in REMIC 1 issued hereunder and designated as a
Regular Interest in REMIC 1. REMIC 1 Regular Interest LT1A3 shall accrue
interest at the related Uncertificated REMIC 1 Pass-Through Rate in effect from
time to time, and shall be entitled to distributions of principal, subject to
the terms and conditions hereof, in an aggregate amount equal to its initial
Uncertificated Principal Balance asset forth in the Preliminary Statement
hereto.

          "REMIC 1 Regular Interest LT1M1": One of the separate non-certificated
beneficial ownership interests in REMIC 1 issued hereunder and designated as a
Regular Interest in REMIC 1. REMIC 1 Regular Interest LT1M1 shall accrue
interest at the related Uncertificated REMIC 1 Pass-Through Rate in effect from
time to time, and shall be entitled to distributions of principal, subject to
the terms and conditions hereof, in an aggregate amount equal to its initial
Uncertificated Principal Balance as set forth in the Preliminary Statement
hereto.

          "REMIC 1 Regular Interest LT1M2": One of the separate non-certificated
beneficial ownership interests in REMIC 1 issued hereunder and designated as a
Regular Interest in REMIC 1. REMIC 1 Regular Interest LT1M2 shall accrue
interest at the related Uncertificated REMIC 1 Pass-Through Rate in effect from
time to time, and shall be entitled to distributions of principal, subject to
the terms and conditions hereof, in an aggregate amount equal to its initial
Uncertificated Principal Balance as set forth in the Preliminary Statement
hereto.

          "REMIC 1 Regular Interest LT1M3": One of the separate non-certificated
beneficial ownership interests in REMIC 1 issued hereunder and designated as a
Regular Interest in REMIC 1. REMIC 1 Regular Interest LT1M3 shall accrue
interest at the related Uncertificated REMIC 1 Pass-Through Rate in effect from
time to time, and shall be entitled to distributions of principal, subject to
the terms and conditions hereof, in an aggregate amount equal to its initial
Uncertificated Principal Balance as set forth in the Preliminary Statement
hereto.

          "REMIC 1 Regular Interest LT1M4": One of the separate non-certificated
beneficial ownership interests in REMIC 1 issued hereunder and designated as a
Regular Interest in REMIC 1. REMIC 1 Regular Interest LT1M4 shall accrue
interest at the related Uncertificated REMIC 1 Pass-Through Rate in effect from
time to time, and shall be entitled to distributions of principal, subject to
the terms and conditions hereof, in an aggregate amount equal to its initial
Uncertificated Principal Balance as set forth in the Preliminary Statement
hereto.

                                      -43-
<PAGE>

          "REMIC 1 Regular Interest LT1M5": One of the separate non-certificated
beneficial ownership interests in REMIC 1 issued hereunder and designated as a
Regular Interest in REMIC 1. REMIC 1 Regular Interest LT1M5 shall accrue
interest at the related Uncertificated REMIC 1 Pass-Through Rate in effect from
time to time, and shall be entitled to distributions of principal, subject to
the terms and conditions hereof, in an aggregate amount equal to its initial
Uncertificated Principal Balance as set forth in the Preliminary Statement
hereto.

          "REMIC 1 Regular Interest LT1M6": One of the separate non-certificated
beneficial ownership interests in REMIC 1 issued hereunder and designated as a
Regular Interest in REMIC 1. REMIC 1 Regular Interest LT1M6 shall accrue
interest at the related Uncertificated REMIC 1 Pass-Through Rate in effect from
time to time, and shall be entitled to distributions of principal, subject to
the terms and conditions hereof, in an aggregate amount equal to its initial
Uncertificated Principal Balance as set forth in the Preliminary Statement
hereto.

          "REMIC 1 Regular Interest LT1M7A": One of the separate
non-certificated beneficial ownership interests in REMIC 1 issued hereunder and
designated as a Regular Interest in REMIC 1. REMIC 1 Regular Interest LT1M7A
shall accrue interest at the related Uncertificated REMIC 1 Pass-Through Rate in
effect from time to time, and shall be entitled to distributions of principal,
subject to the terms and conditions hereof, in an aggregate amount equal to its
initial Uncertificated Principal Balance as set forth in the Preliminary
Statement hereto.

          "REMIC 1 Regular Interest LT1M7F": One of the separate
non-certificated beneficial ownership interests in REMIC 1 issued hereunder and
designated as a Regular Interest in REMIC 1. REMIC 1 Regular Interest LT1M7F
shall accrue interest at the related Uncertificated REMIC 1 Pass-Through Rate in
effect from time to time, and shall be entitled to distributions of principal,
subject to the terms and conditions hereof, in an aggregate amount equal to its
initial Uncertificated Principal Balance as set forth in the Preliminary
Statement hereto.

          "REMIC 1 Regular Interest LT1P": One of the separate non-certificated
beneficial ownership interests in REMIC 1 issued hereunder and designated as a
Regular Interest in REMIC 1. REMIC 1 Regular Interest LT1P shall accrue interest
at the related Uncertificated REMIC 1 Pass-Through Rate in effect from time to
time, and shall be entitled to distributions of principal, subject to the terms
and conditions hereof, in an aggregate amount equal to its initial
Uncertificated Principal Balance as set forth in the Preliminary Statement
hereto.

          "REMIC 1 Regular Interest LT1ZZ": One of the separate non-certificated
beneficial ownership interests in REMIC 1 issued hereunder and designated as a
Regular Interest in REMIC 1. REMIC 1 Regular Interest LT1ZZ shall accrue
interest at the related Uncertificated REMIC 1 Pass-Through Rate in effect from
time to time, and shall be entitled to distributions of principal, subject to
the terms and conditions hereof, in an aggregate amount equal to its initial
Uncertificated Principal Balance as set forth in the Preliminary Statement
hereto.

                                      -44-
<PAGE>

          "REMIC 1 Regular Interests": REMIC 1 Regular Interest LT1AA, REMIC 1
Regular Interest LT1A1, REMIC 1 Regular Interest LT1A2, REMIC 1 Regular Interest
LT1A3, REMIC 1 Regular Interest LT1M1, REMIC 1 Regular Interest LT1M2, REMIC 1
Regular Interest LT1M3, REMIC 1 Regular Interest LT1M4, REMIC 1 Regular Interest
LT1M5, REMIC 1 Regular Interest LT1M6, REMIC 1 Regular Interest LT1M7A, REMIC 1
Regular Interest LT1M7F, REMIC 1 Regular Interest LT1P and REMIC 1 Regular
Interest LT1ZZ.

          "REMIC Provisions": Provisions of the federal income tax law relating
to real estate mortgage investment conduits which appear at Section 860A through
860G of Subchapter M of Chapter 1 of the Code, and related provisions, and
regulations and rulings promulgated thereunder, as the foregoing may be in
effect from time to time.

          "REMIC Regular Interest": Any REMIC 1 Regular Interest or any of the
Certificates (other than the Class R Certificates).

          "Remittance Report": A report prepared by the Servicer and delivered
to the Trustee and the NIMS Insurer pursuant to Section 4.07, containing the
information attached hereto as Exhibit M.

          "Rents from Real Property": With respect to any REO Property, gross
income of the character described in Section 856(d) of the Code.

          "REO Disposition": The sale or other disposition of an REO Property on
behalf of the Trust.

          "REO Imputed Interest": As to any REO Property, for any Collection
Period, an amount equivalent to interest (at the Net Mortgage Interest Rate that
would have been applicable to the related Mortgage Loan had it been outstanding)
for such Collection Period on the unpaid Principal Balance of the Mortgage Loan
as of the date of acquisition.

          "REO Principal Amortization": With respect to any REO Property, for
any calendar month, the aggregate of all amounts received in respect of such REO
Property during such calendar month, whether in the form of rental income, sale
proceeds (including, without limitation, that portion of the Termination Price
paid in connection with a purchase of all of the Mortgage Loans and REO
Properties pursuant to Section 10.01 that is allocable to such REO Property) or
otherwise, net of any portion of such amounts (i) payable pursuant to Section
3.13 in respect of the proper operation, management and maintenance of such REO
Property or (ii) payable or reimbursable to the Servicer pursuant to Section
3.13 for unpaid Servicing Fees in respect of the related Mortgage Loan and
unreimbursed Servicing Advances and Advances in respect of such REO Property or
the related Mortgage Loan.

          "REO Property": A Mortgaged Property acquired by the Servicer on
behalf of the Trust through foreclosure or deed-in-lieu of foreclosure, as
described in Section 3.13.

          "Request for Release": A release signed by a Servicing Officer, in the
form of Exhibit E attached hereto.

                                      -45-
<PAGE>

          "Reserve Account": Any of (i) the Class A Reserve Account, (ii) the
Class M-1, Class M-2 and Class M-3 Reserve Account or (iii) the Class M-4, Class
M-5, Class M-6 and Class M-7A Reserve Account.

          "Residential Dwelling": Any one of the following: (i) a detached
one-family dwelling, (ii) a detached two- to four-family dwelling, (iii) a
one-family dwelling unit in a condominium project, (iv) a manufactured home, or
(v) a one-family dwelling in a planned unit development or a townhouse, none of
which is a co-operative or mobile home.

          "Residual Interest": The sole Class of "residual interests" in each
REMIC within the meaning of Section 860G(a)(2) of the Code.

          "Responsible Officer": When used with respect to the Trustee, any
officer assigned to the Corporate Trust Division (or any successor thereto),
including any Vice President, Assistant Vice President, Trust Officer, any
Assistant Secretary, any trust officer or any other officer of the Trustee
customarily performing functions similar to those performed by any of the above
designated officers and in each case having direct responsibility for the
administration of this Agreement.

          "S&P": Standard & Poor's, a division of The McGraw-Hill Companies,
Inc., and its successors, and if such company shall for any reason no longer
perform the functions of a securities rating agency, "S&P" shall be deemed to
refer to any other "nationally recognized statistical rating organization" as
set forth on the most current list of such organizations released by the
Securities and Exchange Commission.

          "Seller": Bank of America, National Association, or its successor in
interest, in its capacity as seller under the Mortgage Loan Purchase Agreement.

          "Senior Certificates": The Class A-1, Class A-2 and Class A-3
Certificates.

          "Senior Enhancement Percentage": For any Distribution Date, the
percentage obtained by dividing (x) the sum of (i) the aggregate Certificate
Principal Balance of the Class M Certificates and (ii) the Overcollateralization
Amount, in each case before taking into account payments of principal on the
Mortgage Loans and the distribution of the Principal Distribution Amount on such
Distribution Date by (y) the Pool Balance as of the last day of the related
Collection Period.

          "Senior Principal Distribution Amount": For any Distribution Date on
or after the Stepdown Date and as long as a Trigger Event is not in effect, the
excess of (a) the aggregate Certificate Principal Balance of the Class A
Certificates immediately prior to such Distribution Date over (b) the lesser of
(x) the product of (1) 78.00% and (2) the Pool Balance as of the last day of the
related Collection Period and (y) the amount by which the Pool Balance as of the
last day of the related Collection Period exceeds the product of (1) 0.35% and
(2) the Pool Balance as of the Cut-off Date.

          "Senior Specified Enhancement Percentage": On any date of
determination thereof, 22.00%.

                                      -46-
<PAGE>

          "Servicer": Countrywide Home Loans Servicing LP, a limited partnership
organized under the laws of the State of Texas, or any successor servicer
appointed as herein provided, in its capacity as Servicer hereunder.

          "Servicer Event of Termination": One or more of the events described
in Section 7.01.

          "Servicer Modification": A modification to the terms of a Mortgage
Loan, in accordance with the terms of Section 3.01, as to which the Mortgagor is
in default or as to which, in the judgment of the Servicer, default is
reasonably foreseeable.

          "Servicer Prepayment Charge Payment Amount": The amount payable by the
Servicer in respect of any waived Prepayment Charges pursuant to Section 3.01,
which amount shall be equal to the difference between the amount of Prepayment
Charge due by a Mortgagor before any waiver and the actual amount of the
Prepayment Charge that was paid by the Mortgagor, which amounts shall not be a
part of any REMIC formed hereunder.

          "Servicer Remittance Date": With respect to any Distribution Date, one
Business Day prior to such Distribution Date.

          "Servicing Advances": All customary, reasonable and necessary "out of
pocket" costs and expenses incurred by the Servicer (including reasonable
attorneys' fees and disbursements) in the performance of its servicing
obligations, including, but not limited to, the cost of (i) the preservation,
restoration, inspection and protection of the Mortgaged Property, (ii) any
enforcement or judicial proceedings, including foreclosures, (iii) the
management and liquidation of the REO Property and (iv) compliance with the
obligations under Section 3.08.

          "Servicing Fee": With respect to each Mortgage Loan (including each
REO Property) and for any calendar month, an amount equal to one month's
interest (or in the event of any payment of interest which accompanies a
Principal Prepayment in full made by the Mortgagor during such calendar month,
interest for the number of days covered by such payment of interest) at the
Servicing Fee Rate on the same principal amount on which interest on such
Mortgage Loan accrues for such calendar month. The Servicing Fee shall be
payable monthly and shall be prorated on a per diem basis for any portion of a
month during which such Mortgage Loan is serviced hereunder.

          "Servicing Fee Rate": With respect to each Mortgage Loan, 0.50% per
annum.

          "Servicing Officer": Any representative or officer of the Servicer
involved in, or responsible for, the administration and servicing of Mortgage
Loans, whose name and specimen signature appear on a list of servicing officers
furnished by the Servicer to the Trustee and the Depositor on the Closing Date,
as such list may from time to time be amended.

          "Servicing Standard": The standards set forth in Section 3.01.

          "Servicing Transfer Date": November 1, 2004.

          "Similar Law": As defined in Section 5.02(d) hereof.

                                      -47-
<PAGE>

          "Startup Day": As defined in Section 9.01(b) hereof.

          "Stayed Funds": Any payment required to be made under the terms of the
Certificates and this Agreement but which is not remitted by the Servicer
because the Servicer is the subject of a proceeding under the Bankruptcy Code
and the making of such remittance is prohibited by Section 362 of the Bankruptcy
Code.

          "Stepdown Date": The earlier to occur of (i) the Distribution Date on
which the aggregate Certificate Principal Balance of the Class A Certificates is
reduced to zero and (ii) the later to occur of (x) the Distribution Date in
November 2007 and (y) the first Distribution Date on which the Senior
Enhancement Percentage is greater than or equal to the Senior Specified
Enhancement Percentage.

          "Subordinated Certificates": The Class M-1, Class M-2, Class M-3,
Class M-4, Class M-5, Class M-6, Class M-7A, Class M-7F, Class CE and Class R
Certificates.

          "Subsequent Recovery": Any amount (net of reimbursable expenses)
received on a Mortgage Loan subsequent to such Mortgage Loan being determined to
be a Liquidated Mortgage Loan that resulted in a Realized Loss in a prior month.

          "Substitution Adjustment": As defined in Section 2.03(c) hereof.

          "Targeted Overcollateralization Amount": As of any Distribution Date,
(x) prior to the Stepdown Date, 0.35% of the Pool Balance as of the Cut-off Date
and (y) on and after the Stepdown Date, (i) if a Trigger Event has not occurred,
the greater of (A) 0.70% of the Pool Balance as of the last day of the related
Collection Period and (B) 0.35% of the Pool Balance as of the Cut-off Date and
(ii) if a Trigger Event has occurred, the Targeted Overcollateralization Amount
for the immediately preceding Distribution Date.

          "Tax Matters Person": The tax matters person appointed pursuant to
Section 9.01(e) hereof.

          "Tax Returns": The federal income tax returns on Internal Revenue
Service Form 1066, U.S. Real Estate Mortgage Investment Conduit Income Tax
Return, including Schedule Q thereto, Quarterly Notice to Residual Interest
Holders of the REMIC Taxable Income or Net Loss Allocation, or any successor
forms, to be filed on behalf of the Trust for each of the two REMICs created
pursuant to this Agreement under the REMIC Provisions, together with any and all
other information reports or returns that may be required to be furnished to the
Certificateholders or filed with the Internal Revenue Service or any other
governmental taxing authority under any applicable provisions of federal, state
or local tax laws.

          "Telerate Page 3750": The display page currently so designated on the
Moneyline Telerate Service (or such other page as may replace the Telerate Page
3750 page on that service for the purpose of displaying London interbank offered
rates of major banks).

          "Termination Price": As defined in Section 10.01(a) hereof.

                                      -48-
<PAGE>

          "Trigger Event": With respect to any Distribution Date, if (i) the
three-month rolling average of 60+ Day Delinquent Loans equals or exceeds 50.00%
of the Senior Enhancement Percentage or (ii) the aggregate amount of Realized
Losses incurred since the Cut-off Date through the last day of the related
Collection Period (reduced by the aggregate amount of Subsequent Recoveries
received since the Cut-off Date through the last day of the related Collection
Period) divided by the Cut-off Date Aggregate Principal Balance exceeds the
applicable percentages set forth below with respect to such Distribution Date:

DISTRIBUTION DATE OCCURRING IN                      PERCENTAGE
----------------------------------   -------------------------------------------
November 2007 through October 2008   2.65% for the first month, plus an
                                     additional 1/12th of 0.85% for each month
                                     thereafter
November 2008 through October 2009   3.50% for the first month, plus an
                                     additional 1/12th of 0.70% for each month
                                     thereafter
November 2009 through October 2010   4.20% for the first month, plus an
                                     additional 1/12th of 0.15% for each month
                                     thereafter
November 2010 and thereafter         4.35%

          "Trust": First Franklin Mortgage Loan Trust 2004-FF10, the trust
created hereunder.

          "Trust Fund": The segregated pool of assets subject hereto,
constituting the primary trust created hereby and to be administered hereunder,
with respect to a portion of which two REMIC elections are to be made, such
entire Trust Fund consisting of: (i) such Mortgage Loans as from time to time
are subject to this Agreement, together with the Mortgage Files relating
thereto, and together with all collections thereon and proceeds thereof (other
than scheduled payments due on the Mortgage Loans prior to the Cut-off Date),
(ii) any REO Property, together with all collections thereon and proceeds
thereof, (iii) the Trustee's rights with respect to the Mortgage Loans under all
insurance policies required to be maintained pursuant to this Agreement
(including the PMI Policy) and any proceeds thereof, (iv) the Depositor's rights
under the Originator Mortgage Loan Purchase Agreement, the Assignment,
Assumption and Recognition Agreement and the Mortgage Loan Purchase Agreement
(including any security interest created thereby), (v) the Trustee's rights
under each Yield Maintenance Agreement and (vi) the Collection Accounts, the
Distribution Account and the Reserve Accounts and such assets that are deposited
therein from time to time and any investments thereof, together with any and all
income, proceeds and payments with respect thereto.

          "Trustee": JPMorgan Chase Bank, a New York banking corporation, or any
successor Trustee appointed as herein provided.

          "Uncertificated Accrued Interest": With respect to each REMIC 1
Regular Interest on each Distribution Date, an amount equal to one month's
interest at the related Uncertificated REMIC 1 Pass-Through Rate on the
Uncertificated Principal Balance of such REMIC Regular Interest. In each case,
Uncertificated Accrued Interest will be reduced by any Prepayment Interest
Shortfalls and Relief Act Interest Shortfalls (allocated to such REMIC

                                      -49-
<PAGE>

Regular Interests based on their respective entitlements to interest
irrespective of any Prepayment Interest Shortfalls and Relief Act Interest
Shortfalls for such Distribution Date).

          "Uncertificated Principal Balance": The amount of any REMIC 1 Regular
Interest outstanding as of any date of determination. As of the Closing Date,
the Uncertificated Balance of each REMIC 1 Regular Interest shall equal the
amount set forth in the Preliminary Statement hereto as its initial
uncertificated balance. On each Distribution Date, the Uncertificated Principal
Balance of each REMIC 1 Regular Interest shall be reduced by all distributions
of principal made on such REMIC 1 Regular Interest on such Distribution Date
pursuant to Section 4.08 and, if and to the extent necessary and appropriate,
shall be further reduced on such Distribution Date by Realized Losses as
provided in Section 4.08(b). The Uncertificated Balance of REMIC 1 Regular
Interest LT1ZZ shall be increased by interest deferrals as provided in Section
4.08(a)(i). The Uncertificated Balance of each REMIC 1 Regular Interest shall
never be less than zero.

          "Uncertificated REMIC 1 Pass-Through Rate": With respect to REMIC 1
Regular Interest LT1AA, REMIC 1 Regular Interest LT1A1, REMIC 1 Regular Interest
LT1A2, REMIC 1 Regular Interest LT1A3, REMIC 1 Regular Interest LT1M1, REMIC 1
Regular Interest LT1M2, REMIC 1 Regular Interest LT1M3, REMIC 1 Regular Interest
LT1M4, REMIC 1 Regular Interest LT1M5, REMIC 1 Regular Interest LT1M6, REMIC 1
Regular Interest LT1M7A, REMIC 1 Regular Interest LT1M7F, REMIC 1 Regular
Interest LT1P and REMIC 1 Regular Interest LT1ZZ, the Weighted Average Net
Mortgage Rate of the Mortgage Loans.

          "United States Person" or "U.S. Person": (i) A citizen or resident of
the United States, (ii) a corporation, partnership or other entity treated as a
corporation or partnership for United States federal income tax purposes
organized in or under the laws of the United States or any state thereof or the
District of Columbia (unless, in the case of a partnership, Treasury Regulations
provide otherwise), (iii) an estate the income of which is includible in gross
income for United States tax purposes, regardless of its source, or (iv) a trust
if a court within the United States is able to exercise primary supervision over
the administration of the trust and one or more United States persons have
authority to control all substantial decisions of the trust. Notwithstanding the
preceding sentence, to the extent provided in Treasury Regulations, certain
Trusts in existence on August 20, 1996, and treated as United States persons
prior to such date, that elect to continue to be treated as United States
persons will also be a U.S. Person; provided, that for purposes of the
definition of a "Permitted Transferee," a U.S. Person shall not include any
person whose income is attributable to a foreign permanent establishment or
fixed base, within the meaning of an applicable income tax treaty, of such
Person or any other U.S. Person.

          "Unpaid Realized Loss Amount": For any of the Class M Certificates and
as to any Distribution Date, the excess of (x) the aggregate Applied Realized
Loss Amounts allocated to such Class for all prior Distribution Dates over (y)
the sum of (a) the cumulative amount of any Subsequent Recoveries allocated to
such Class and (b) the aggregate Realized Loss Amortization Amounts with respect
to such Class for all prior Distribution Dates.

          "Value": With respect to any Mortgaged Property, the lesser of (a) an
amount determined by an appraisal done at origination of the Mortgage Loan and
(b) the purchase price paid for the related Mortgaged Property by the Mortgagor
with the proceeds of the Mortgage

                                      -50-
<PAGE>

Loan; provided, however, that in the case of a refinanced Mortgage Loan, the
value of the Mortgaged Property is based solely upon clause (a) above.

          "Voting Rights": The portion of the voting rights of all of the
Certificates which is allocated to any Certificate. The Voting Rights allocated
among Holders of the Class A and Class M Certificates shall be 98%, and shall be
allocated among each such Class according to the fraction, expressed as a
percentage, the numerator of which is the aggregate Certificate Principal
Balance of all the Certificates of such Class then outstanding and the
denominator of which is the aggregate Certificate Principal Balance of all the
Class A and Class M Certificates then outstanding. The Voting Rights allocated
to each such Class of Certificates shall be allocated among all holders of each
such Class in proportion to the outstanding Certificate Principal Balance of
such Certificates; provided, however, that any Certificate registered in the
name of the Servicer, the Depositor or the Trustee or any of their respective
affiliates shall not be included in the calculation of Voting Rights; provided
that only such Certificates as are known by a Responsible Officer of the Trustee
to be so registered will be so excluded. One percent of all the Voting Rights
will be allocated to the Holders of each of the Class CE and Class P
Certificates. The Class R Certificates shall have no Voting Rights.

          "Weighted Average Net Mortgage Rate": The weighted average (based on
Principal Balance as of the first day of the related Collection Period or, in
the case of the first Distribution Date, the Cut-off Date) of the Net Mortgage
Interest Rates of the Mortgage Loans, expressed for each such Mortgage Loan as
an annual rate and calculated on the basis of twelve months consisting of 30
days each and a 360-day year.

          "Written Order to Authenticate": A written order by which the
Depositor directs the Trustee to execute, authenticate and deliver the
Certificates.

          "Yield Maintenance Agreement": Any of (i) the Class A Yield
Maintenance Agreement, (ii) the Class M-1, Class M-2 and Class M-3 Yield
Maintenance Agreement or (iii) the Class M-4, Class M-5, Class M-6 and Class
M-7A Yield Maintenance Agreement.

          "Yield Maintenance Agreement Payment": Any of (i) the Class A Yield
Maintenance Agreement Payment, (ii) the Class M-1, Class M-2 and Class M-3 Yield
Maintenance Agreement Payment or (iii) the Class M-4, Class M-5, Class M-6 and
Class M-7A Yield Maintenance Agreement Payment.

          "Yield Maintenance Agreement Provider": Bank of America, National
Association and any successors thereto.

          Section 1.02   Accounting.

          Unless otherwise specified herein, for the purpose of any definition
or calculation, whenever amounts are required to be netted, subtracted or added
or any distributions are taken into account such definition or calculation and
any related definitions or calculations shall be determined without duplication
of such functions.

                                      -51-
<PAGE>

          Section 1.03   Rights of the NIMS Insurer.

          Each of the rights of the NIMS Insurer set forth in this Agreement
shall exist so long as (i) the NIMS Insurer has undertaken to guarantee certain
payments of notes issued pursuant to the Indenture and (ii) any series of notes
issued pursuant to the Indenture remains outstanding or the NIMS Insurer is owed
amounts in respect of its guarantee of payment on such notes; provided, however,
the NIMS Insurer shall not have any rights hereunder (except pursuant to Section
11.01 in the case of clause (ii) below) during the period of time, if any, that
(i) the NIMS Insurer has not undertaken to guarantee certain payments of notes
issued pursuant to the Indenture or (ii) any default has occurred and is
continuing under the insurance policy issued by the NIMS Insurer with respect to
such notes.

                                   ARTICLE II

                          CONVEYANCE OF MORTGAGE LOANS;
                        ORIGINAL ISSUANCE OF CERTIFICATES

          Section 2.01   Conveyance of Mortgage Loans.

          The Depositor, concurrently with the execution and delivery hereof,
does hereby transfer, assign, set over and otherwise convey to the Trustee, on
behalf of the Trust, without recourse for the benefit of the Certificateholders
all of the right, title and interest of the Depositor, including any security
interest therein for the benefit of the Depositor, in and to (i) each Mortgage
Loan identified on the Mortgage Loan Schedule, including the related Cut-off
Date Principal Balance, all interest accruing thereon after the Cut-off Date and
all collections in respect of interest and principal due after the Cut-off Date;
(ii) property which secured each such Mortgage Loan and which has been acquired
by foreclosure or deed in lieu of foreclosure; (iii) its interest in any
insurance policies in respect of the Mortgage Loans; (iv) all other assets
included or to be included in the Trust Fund; (v) all proceeds of any of the
foregoing; and (vi) the rights of the Depositor under the Originator Mortgage
Loan Purchase Agreement, the Assignment, Assumption and Recognition Agreement
and the Mortgage Loan Purchase Agreement. Such assignment includes all interest
and principal due to the Depositor or the Servicer after the Cut-off Date with
respect to the Mortgage Loans.

          In connection with such transfer and assignment, the Depositor does
hereby deliver to, and deposit with the Trustee, or its designated agent, the
following documents or instruments with respect to each Mortgage Loan (a
"Mortgage File") so transferred and assigned:

  (a)  the original Mortgage Note including any riders thereto, endorsed
       either (A) in blank or (B) in the following form: "Pay to the order of
       JPMorgan Chase Bank, as Trustee under the Pooling and Servicing
       Agreement, dated as of October 1, 2004, among Asset Backed Funding
       Corporation, Countrywide Home Loans Servicing LP and JPMorgan Chase
       Bank, First Franklin Mortgage Loan Trust 2004-FF10, Asset-Backed
       Certificates, Series 2004-FF10, without recourse," or with respect to
       any lost Mortgage Note, an original Lost Note Affidavit, together with
       a copy of the related Mortgage Note;

                                      -52-
<PAGE>

  (b)  the original Mortgage with evidence of recording thereon including any
       riders thereto, and the original recorded power of attorney, if the
       Mortgage was executed pursuant to a power of attorney, with evidence
       of recording thereon or, if such Mortgage or power of attorney has
       been submitted for recording but has not been returned from the
       applicable public recording office, has been lost or is not otherwise
       available, a copy of such Mortgage or power of attorney, as the case
       may be, certified to be a true and complete copy of the original
       submitted for recording;

  (c)  except with respect to each MERS Mortgage Loan, an original
       Assignment, in form and substance acceptable for recording. The
       Mortgage shall be assigned either (A) in blank or (B) to "JPMorgan
       Chase Bank, as Trustee under the Pooling and Servicing Agreement,
       dated as of October 1, 2004, among Asset Backed Funding Corporation,
       Countrywide Home Loans Servicing LP, First Franklin Mortgage Loan
       Trust 2004-FF10, Asset-Backed Certificates, Series 2004-FF10, without
       recourse";

  (d)  the originals of all intervening Assignments (if any) evidencing a
       complete chain of assignment from the applicable originator to the
       last endorsee with evidence of recording thereon, or if any such
       intervening assignment has not been returned from the applicable
       recording office or has been lost or if such public recording office
       retains the original recorded Assignments, the Servicer shall deliver
       or cause to be delivered to the Trustee, a photocopy of such
       intervening assignment, together with (A) in the case of a delay
       caused by the public recording office, an Officers' Certificate of the
       Servicer (or certified by the title company, escrow agent, or closing
       attorney) stating that such intervening Assignment has been dispatched
       to the appropriate public recording office for recordation and that
       such original recorded intervening Assignment or a copy of such
       intervening Assignment certified by the appropriate public recording
       office to be a true and complete copy of the original recorded
       intervening assignment of mortgage will be promptly delivered to the
       Trustee upon receipt thereof by the Servicer; or (B) in the case of an
       intervening assignment where a public recording office retains the
       original recorded intervening assignment or in the case where an
       intervening assignment is lost after recordation in a public recording
       office, a copy of such intervening assignment certified by such public
       recording office to be a true and complete copy of the original
       recorded intervening assignment;

  (e)  the original or a certified copy of lender's title insurance policy;
       and

  (f)  the original or copies of each assumption, modification, written
       assurance or substitution agreement, if any.

          The Trustee agrees to execute and deliver to the Depositor on or prior
to the Closing Date an acknowledgment of receipt of the original Mortgage Notes
(with any exceptions noted), substantially in the form attached as Exhibit F-3
hereto.

          If any of the documents referred to in Section 2.01(b), (c) or (d)
above has as of the Closing Date been submitted for recording but either (x) has
not been returned from the applicable public recording office or (y) has been
lost or such public recording office has retained the original of such document,
the obligations of the Depositor to deliver such

                                      -53-
<PAGE>

documents shall be deemed to be satisfied upon (1) delivery to the Trustee no
later than the Closing Date, of a copy of each such document certified by the
Seller in the case of (x) above or the applicable public recording office in the
case of (y) above to be a true and complete copy of the original that was
submitted for recording and (2) if such copy is certified by the Seller,
delivery to the Trustee, promptly upon receipt thereof of either the original or
a copy of such document certified by the applicable public recording office to
be a true and complete copy of the original. If the original lender's title
insurance policy was not delivered pursuant to Section 2.01(e) above, the Seller
shall deliver or cause to be delivered to the Trustee, a written commitment or
interim binder or preliminary report of title issued by the title insurance or
escrow company, with the original to be delivered to the Trustee, promptly upon
receipt thereof. The Depositor shall deliver or cause to be delivered to the
Trustee promptly upon receipt thereof any other documents constituting a part of
a Mortgage File received with respect to any Mortgage Loan, including, but not
limited to, any original documents evidencing an assumption or modification of
any Mortgage Loan.

          Upon discovery or receipt of notice of any materially defective
document in, or that a document is missing from, a Mortgage File, the Seller
shall have 120 days to cure such defect or 150 days following the Closing Date,
in the case of missing Mortgages or Assignments or deliver such missing document
to the Trustee. If the Seller does not cure such defect or deliver such missing
document within such time period, the Seller shall either repurchase or
substitute for such Mortgage Loan in accordance with Section 2.03.

          The Depositor herewith delivers to the Trustee executed copies of the
Originator Mortgage Loan Purchase Agreement, the Assignment, Assumption and
Recognition Agreement, the Mortgage Loan Purchase Agreement and the PMI Policy.

          It is agreed and understood by the parties hereto that it is not
intended that any mortgage loan be included in the Trust that is a "High-Cost
Home Loan" as defined in either (i) the New Jersey Home Ownership Act effective
November 27, 2003 or (ii) the New Mexico Home Loan Protection Act effective
January 1, 2004.

          Section 2.02   Acceptance by Trustee.

          The Trustee acknowledges the receipt of, subject to the provisions of
Section 2.01 and subject to the review described below and any exceptions noted
on the exception report described in the next paragraph below, the documents
referred to in Section 2.01 above and all other assets included in the
definition of "Trust Fund" and declares that it holds and will hold such
documents and the other documents delivered to it constituting a Mortgage File,
and that it holds or will hold all such assets and such other assets included in
the definition of "Trust Fund" in trust for the exclusive use and benefit of all
present and future Certificateholders.

          The Trustee reviewed, for the benefit of the Certificateholders, each
Mortgage File prior to the Closing Date (or, with respect to any document
delivered after the Startup Day, within 60 days of receipt and with respect to
any Qualified Substitute Mortgage, within 60 days after the assignment thereof)
and will certify in substantially the form attached hereto as Exhibit F-1 that,
as to each Mortgage Loan listed in the Mortgage Loan Schedule (other than any
Mortgage Loan paid in full or any Mortgage Loan specifically identified in the
exception report

                                      -54-
<PAGE>

annexed thereto as not being covered by such certification), (i) all documents
required to be delivered to it pursuant to Section 2.01 of this Agreement are in
its possession, (ii) such documents have been reviewed by it and have not been
mutilated, damaged or torn and relate to such Mortgage Loan and (iii) based on
its examination and only as to the foregoing, the information set forth in the
Mortgage Loan Schedule that corresponds to items (1), (2), (3), (10) and (23) of
the Mortgage Loan Schedule accurately reflects information set forth in the
Mortgage File. It is herein acknowledged that, in conducting such review, the
Trustee is under no duty or obligation to inspect, review or examine any such
documents, instruments, certificates or other papers to determine that they are
genuine, enforceable, or appropriate for the represented purpose or that they
have actually been recorded or that they are other than what they purport to be
on their face.

          Prior to the first anniversary date of this Agreement the Trustee
shall deliver to the Depositor, the Servicer and the NIMS Insurer a final
certification in the form annexed hereto as Exhibit F-2 evidencing the
completeness of the Mortgage Files, with any applicable exceptions noted
thereon.

          If in the process of reviewing the Mortgage Files and making or
preparing, as the case may be, the certifications referred to above, the Trustee
finds any document or documents constituting a part of a Mortgage File to be
missing or defective in any material respect, at the conclusion of its review
the Trustee shall so notify the Seller, the Depositor, the NIMS Insurer and the
Servicer. In addition, upon the discovery by the Originator, the Seller, the
Depositor, the NIMS Insurer, the Trustee or the Servicer (or upon receipt by the
Trustee of written notification of such breach) of a breach of any of the
representations and warranties made by the Originator in the Originator Mortgage
Loan Purchase Agreement or the Seller in the Mortgage Loan Purchase Agreement in
respect of any Mortgage Loan which materially adversely affects such Mortgage
Loan or the interests of the related Certificateholders in such Mortgage Loan,
the party discovering such breach shall give prompt written notice to the other
parties.

          The Depositor and the Trustee intend that the assignment and transfer
herein contemplated constitute a sale of the Mortgage Loans and the Related
Documents, conveying good title thereto free and clear of any liens and
encumbrances, from the Depositor to the Trustee and that such property not be
part of the Depositor's estate or property of the Depositor in the event of any
insolvency by the Depositor. In the event that such conveyance is deemed to be,
or to be made as security for, a loan, the parties intend that the Depositor
shall be deemed to have granted and does hereby grant to the Trustee, on behalf
of the Trust, a first priority perfected security interest in all of the
Depositor's right, title and interest in and to the Mortgage Loans and the
Related Documents, and that this Agreement shall constitute a security agreement
under applicable law.

          Section 2.03   Repurchase or Substitution of Mortgage Loans by the
Originator or the Seller.

          (a)  Upon discovery or receipt of written notice of any materially
defective document in, or that a document is missing from, a Mortgage File or
that any document in a Mortgage File is materially inconsistent with the
Mortgage Loan Schedule or of the breach by the Originator or the Seller of any
representation or warranty under the Originator Mortgage

                                      -55-
<PAGE>

Loan Purchase Agreement or the Mortgage Loan Purchase Agreement, as applicable,
in respect of any Mortgage Loan which materially adversely affects the value of
such Mortgage Loan, Prepayment Charge or the interest therein of the
Certificateholders, the Trustee shall promptly notify the Originator or the
Seller, as the case may be, the Servicer and the NIMS Insurer of such defect,
missing document or breach and request that, in the case of a defective or
missing document, the Seller cure such defect or deliver such missing document
within 120 days from the date the Seller was notified of such missing document
or defect or, in the case of a beach of a representation or warranty, request
the Originator or the Seller, as applicable, cure such breach within 90 days
from the date the Originator or the Seller, as the case may be, was notified of
such breach. If the Seller does not deliver such missing document or cure such
defect or if the Originator or the Seller, as applicable, does not cure such
breach in all material respects during such period, the Trustee shall enforce
the Originator's or the Seller's obligation, as the case may be, under the
Originator Mortgage Loan Purchase Agreement or the Mortgage Loan Purchase
Agreement, as applicable, and cause the Originator or the Seller, as applicable,
to repurchase such Mortgage Loan from the Trust Fund at the Purchase Price on or
prior to the Determination Date following the expiration of such period (subject
to Section 2.03(d)). The Purchase Price for the repurchased Mortgage Loan shall
be deposited in the Trust Collection Account, and the Trustee, upon receipt of
written notice from the Servicer of such deposit, shall release to the
Originator or the Seller, as applicable, the related Mortgage File and shall
execute and deliver such instruments of transfer or assignment, in each case
without recourse, as the Originator or the Seller, as applicable, shall furnish
to it and as shall be necessary to vest in the Originator or the Seller, as the
case may be, any Mortgage Loan released pursuant hereto and the Trustee shall
have no further responsibility with regard to such Mortgage File. In lieu of
repurchasing any such Mortgage Loan as provided above, the Originator or the
Seller, as the case may be, may cause such Mortgage Loan to be removed from the
Trust Fund (in which case it shall become a Defective Mortgage Loan) and
substitute one or more Eligible Substitute Mortgage Loans in the manner and
subject to the limitations set forth in Section 2.03(c); provided, however, the
Originator or the Seller, as applicable, may not substitute an Eligible
Substitute Mortgage Loan for any Deleted Mortgage Loan that violates any
predatory or abusive lending law.

          With respect to the representations and warranties set forth in the
Originator Mortgage Loan Purchase Agreement and the Mortgage Loan Purchase
Agreement that are made to the best of the Originator's or the Seller's
knowledge, as applicable, or as to which the Originator or the Seller, as the
case may be, has no knowledge, if it is discovered by the Depositor, the
Servicer, the NIMS Insurer or the Trustee that the substance of such
representation and warranty is inaccurate and such inaccuracy materially and
adversely affects the value of the related Mortgage Loan, Prepayment Charge or
the interest therein of the Certificateholders then, notwithstanding the
Originator's or the Seller's lack of knowledge with respect to the substance of
such representation and warranty being inaccurate at the time the representation
or warranty was made, such inaccuracy shall be deemed a breach of the applicable
representation or warranty.

          It is understood and agreed that the representations and warranties
set forth in the Originator Mortgage Loan Purchase Agreement and the Mortgage
Loan Purchase Agreement shall survive delivery of the Mortgage Files to the
Trustee and the Closing Date and shall inure to the benefit of the
Certificateholders notwithstanding any restrictive or qualified endorsement or
assignment. It is understood and agreed that the obligations of the Originator
and the Seller

                                      -56-
<PAGE>

set forth in this Section 2.03(a) to cure, substitute for or repurchase a
Mortgage Loan pursuant to the Originator Mortgage Loan Purchase Agreement or the
Mortgage Loan Purchase Agreement, as applicable, and to pay the Reimbursement
Amount constitute the sole remedies available to the Certificateholders and to
the Trustee on their behalf respecting a breach of the representations and
warranties contained in the Originator Mortgage Loan Purchase Agreement and the
Mortgage Loan Purchase Agreement.

          The representations and warranties of the Originator with respect to
the Mortgage Loans in the Originator Mortgage Loan Purchase Agreement, which
have been assigned to the Trustee hereunder, were made as of the dates specified
in the Originator Mortgage Loan Purchase Agreement. To the extent that any fact,
condition or event with respect to a Mortgage Loan constitutes a breach of both
(i) a representation or warranty of the Originator under the Originator Mortgage
Loan Purchase Agreement and (ii) a representation or warranty of the Seller
under the Mortgage Loan Purchase Agreement (other than Seller's representations
with respect to predatory and abusive lending laws in Sections 3.01(i), 3.01(ii)
and 3.01(iii) of the Mortgage Loan Purchase Agreement), the only right or remedy
of the Trustee or of any Certificateholder shall be the Trustee's right to
enforce the obligations of the Originator under any applicable representation or
warranty made by it. The Trustee acknowledges that the Seller shall have no
obligation or liability with respect to any breach of a representation or
warranty made by it with respect to the Mortgage Loans (except as otherwise set
forth in this paragraph) if the fact, condition or event constituting such
breach also constitutes a breach of a representation or warranty made by the
Originator in the Originator Mortgage Loan Purchase Agreement, without regard to
whether the Originator fulfills its contractual obligations in respect of such
representation or warranty. In addition, to the extent that any fact, condition
or event with respect to a Mortgage Loan constitutes a breach of both (x) the
Originator's representation with respect to predatory and abusive lending laws
in Section 3.02(i), (tt), (uu) and (ggg) of the Originator Mortgage Loan
Purchase Agreement and (y) the Seller's representation with respect to predatory
and abusive lending laws in Section 3.01(i), 3.01(ii) or 3.01(iii) of the
Mortgage Loan Purchase Agreement, the Originator shall be obligated to pay the
Reimbursement Amount relating to such Mortgage Loan, and, to the extent the
Originator fails to do so, the Trustee shall be entitled to enforce the Seller's
obligation to pay such Reimbursement Amount. In any event, the Reimbursement
Amount shall be delivered to the Servicer for deposit into the Trust Collection
Account within ten (10) days from the date the Seller was notified by the
Trustee of the Reimbursement Amount.

          (b)  Within 90 days of the earlier of discovery by the Servicer or
receipt of notice by the Servicer of the breach of any representation, warranty
or covenant of the Servicer set forth in Section 2.05 which materially and
adversely affects the interests of the Certificateholders in any Mortgage Loan,
the Servicer shall cure such breach in all material respects.

          (c)  Any substitution of Eligible Substitute Mortgage Loans for
Defective Mortgage Loans made pursuant to Section 2.03(a) must be effected prior
to the last Business Day that is within two years after the Closing Date. As to
any Defective Mortgage Loan for which the Originator or the Seller substitutes
an Eligible Substitute Mortgage Loan or Loans, such substitution shall be
effected by the Originator or the Seller, as applicable, delivering to the
Trustee for such Eligible Substitute Mortgage Loan or Loans, the Mortgage Note,
the Mortgage,

                                      -57-
<PAGE>

the Assignment to the Trustee, and such other documents and agreements, with all
necessary endorsements thereon, as are required by Section 2.01, together with
an Officers' Certificate providing that each such Eligible Substitute Mortgage
Loan satisfies the definition thereof and specifying the Substitution Adjustment
(as described below), if any, in connection with such substitution. The Trustee
shall acknowledge receipt for such Eligible Substitute Mortgage Loan or Loans
and, within ten (10) Business Days thereafter, shall review such documents as
specified in Section 2.02 and deliver to the Servicer and the NIMS Insurer, with
respect to such Eligible Substitute Mortgage Loan or Loans, a certification
substantially in the form attached hereto as Exhibit F-1, with any applicable
exceptions noted thereon. Within one year of the date of substitution, the
Trustee shall deliver to the Servicer and the NIMS Insurer a certification
substantially in the form of Exhibit F-2 hereto with respect to such Eligible
Substitute Mortgage Loan or Loans, with any applicable exceptions noted thereon.
Monthly Payments due with respect to Eligible Substitute Mortgage Loans in the
month of substitution are not part of the Trust Fund and will be retained by the
Originator or the Seller, as applicable. For the month of substitution,
distributions to Certificateholders will reflect the collections and recoveries
in respect of such Defective Mortgage Loan in the Collection Period or
Prepayment Period, as applicable, preceding the date of substitution and the
Depositor, the Originator or the Seller, as the case may be, shall thereafter be
entitled to retain all amounts subsequently received in respect of such
Defective Mortgage Loan. The Depositor shall give or cause to be given written
notice to the Certificateholders and the NIMS Insurer that such substitution has
taken place, shall amend the Mortgage Loan Schedule to reflect the removal of
such Defective Mortgage Loan from the terms of this Agreement and the
substitution of the Eligible Substitute Mortgage Loan or Loans and shall deliver
a copy of such amended Mortgage Loan Schedule to the Trustee, the Servicer and
the NIMS Insurer. Upon such substitution, such Eligible Substitute Mortgage Loan
or Loans shall constitute part of the Mortgage Pool and shall be subject in all
respects to the terms of this Agreement and, in the case of a substitution
effected by the Originator or the Seller, the Originator Mortgage Loan Purchase
Agreement or the Mortgage Loan Purchase Agreement, as the case may be,
including, in the case of a substitution effected by the Originator or the
Seller, all applicable representations and warranties thereof included in the
Originator Mortgage Loan Purchase Agreement or the Mortgage Loan Purchase
Agreement, as the case may be, as of the date of substitution.

          For any month in which the Originator or the Seller substitutes one or
more Eligible Substitute Mortgage Loans for one or more Defective Mortgage
Loans, the Servicer will determine the amount (the "Substitution Adjustment"),
if any, by which the aggregate Purchase Price of all such Defective Mortgage
Loans exceeds the aggregate, as to each such Eligible Substitute Mortgage Loan,
of the principal balance thereof as of the date of substitution, together with
one month's interest on such principal balance at the applicable Net Mortgage
Interest Rate. On the date of such substitution, the Originator or the Seller,
as the case may be, will deliver or cause to be delivered to the Servicer for
deposit in the Trust Collection Account an amount equal to the Substitution
Adjustment, if any, and the Trustee, upon receipt of the related Eligible
Substitute Mortgage Loan or Loans and notice by the Servicer of such deposit,
shall release to the Originator or the Seller, as applicable, the related
Mortgage File or Files and shall execute and deliver such instruments of
transfer or assignment, in each case without recourse, as the Originator or the
Seller, as the case may be, shall deliver to it and as shall be necessary to
vest therein any Defective Mortgage Loan released pursuant hereto. In addition,
in connection with the substitution of one or more Eligible Substitute Mortgage
Loans for one or more Defective

                                      -58-
<PAGE>

Mortgage Loans, in the event the Trust incurs costs or damages arising in
connection with a breach of the Originator's representations with respect to
predatory or abusive lending laws set forth in Section 3.02(i), (tt), (uu) and
(ggg) of the Originator Mortgage Loan Purchase Agreement, the Seller shall be
required to reimburse the Trust for the Reimbursement Amount pursuant to the
Mortgage Loan Purchase Agreement to the extent that the Originator fails to do
so.

          In addition, the Originator or the Seller, as applicable, shall obtain
at its own expense and deliver to the Trustee and the NIMS Insurer an Opinion of
Counsel to the effect that such substitution will not cause an Adverse REMIC
Event. If such Opinion of Counsel can not be delivered, then such substitution
may only be effected at such time as the required Opinion of Counsel can be
given.

          (d)  Upon discovery by the Originator, the Seller, the Servicer, the
NIMS Insurer or the Trustee that any Mortgage Loan does not constitute a
"qualified mortgage" within the meaning of Section 860G(a)(3) of the Code, the
party discovering such fact shall within two Business Days give written notice
thereof to the other parties. In connection therewith, the Originator or the
Seller, as applicable, shall repurchase or, subject to the limitations set forth
in Section 2.03(c), substitute one or more Eligible Substitute Mortgage Loans
for the affected Mortgage Loan within 90 days of the earlier of discovery or
receipt of such notice with respect to such affected Mortgage Loan. In addition,
upon discovery that a Mortgage Loan is defective in a manner that would cause it
to be a "defective obligation" within the meaning of Treasury Regulations
relating to REMICs, the Originator or the Seller, as the case may be, shall cure
the defect or make the required purchase or substitution no later than 90 days
after the discovery of the defect. Any such repurchase or substitution shall be
made in the same manner as set forth in Section 2.03(a). The Trustee shall
reconvey to the Originator or the Seller, as applicable, the Mortgage Loan to be
released pursuant hereto in the same manner, and on the same terms and
conditions, as it would a Mortgage Loan repurchased for breach of a
representation or warranty.

          Section 2.04   Execution of Yield Maintenance Agreements.

          The Depositor hereby directs the Trustee to enter into and execute the
Class A Yield Maintenance Agreement, the Class M-1, Class M-2 and Class M-3
Yield Maintenance Agreement and the Class M-4, Class M-5, Class M-6 and Class
M-7A Yield Maintenance Agreement on the Closing Date on behalf of the Trust for
the benefit of the Holders of (i) the Class A Certificates, (ii) the Class M-1,
Class M-2 and Class M-3 Certificates and (iii) the Class M-4, Class M-5, Class
M-6 and Class M-7A Certificates, respectively. The Depositor, the Servicer and
the Holders of the Class A Certificates, the Class M-1, Class M-2 and Class M-3
Certificates and the Class M-4, Class M-5, Class M-6 and Class M-7A Certificates
(by their acceptance of such Certificates) acknowledge that JPMorgan Chase Bank
is entering into each respective Yield Maintenance Agreement solely in its
capacity as Trustee of the Trust Fund and not in its individual capacity.

                                      -59-
<PAGE>

          Section 2.05   Representations, Warranties and Covenants of the
Servicer.

          The Servicer hereby represents, warrants and covenants to the Trustee,
for the benefit of each of the Trustee and the Certificateholders and to the
Depositor and the NIMS Insurer that as of the Closing Date or as of such date
specifically provided herein:

          (i)     The Servicer is a limited partnership duly organized, validly
     existing and in good standing under the laws of the State of Texas and has
     all licenses necessary to carry on its business as now being conducted,
     except for such licenses, certificates and permits the absence of which,
     individually or in the aggregate, would not have a material adverse effect
     on the ability of the Servicer to conduct its business as it is presently
     conducted, and is licensed, qualified and in good standing in each state
     where a Mortgaged Property is located if the laws of such state require
     licensing or qualification in order to conduct business of the type
     conducted by the Servicer or to ensure the enforceability or validity of
     each Mortgage Loan; the Servicer has the power and authority to execute and
     deliver this Agreement and to perform in accordance herewith; the
     execution, delivery and performance of this Agreement (including all
     instruments of transfer to be delivered pursuant to this Agreement) by the
     Servicer and the consummation of the transactions contemplated hereby have
     been duly and validly authorized; and all requisite action has been taken
     by the Servicer to make this Agreement valid and binding upon the Servicer
     in accordance with its terms;

          (ii)    The consummation of the transactions contemplated by this
     Agreement are in the ordinary course of business of the Servicer and will
     not result in the breach of any term or provision of the organizational
     documents of the Servicer or result in the breach of any term or provision
     of, or conflict with or constitute a default under or result in the
     acceleration of any obligation under, any agreement, indenture or loan or
     credit agreement or other instrument to which the Servicer or its property
     is subject, or result in the violation of any law, rule, regulation, order,
     judgment or decree to which the Servicer or its property is subject;

          (iii)   The Servicer is an approved seller/servicer of conventional
     residential mortgage loans for Fannie Mae or Freddie Mac, with the
     facilities, procedures, and experienced personnel necessary for the sound
     servicing of mortgage loans of the same type as the Mortgage Loans. The
     Servicer is a HUD approved mortgagee pursuant to Section 203 of the
     National Housing Act and is in good standing to sell mortgage loans to and
     service mortgage loans for Fannie Mae or Freddie Mac, and no event has
     occurred, including but not limited to a change in insurance coverage,
     which would make the Servicer unable to comply with Fannie Mae or Freddie
     Mac eligibility requirements or which would require notification to either
     Fannie Mae or Freddie Mac;

          (iv)    This Agreement, and all documents and instruments contemplated
     hereby which are executed and delivered by the Servicer, constitute and
     will constitute valid, legal and binding obligations of the Servicer,
     enforceable in accordance with their respective terms, except as the
     enforcement thereof may be limited by applicable bankruptcy, insolvency,
     reorganization, moratorium or other similar laws affecting the

                                      -60-
<PAGE>

     enforcement of creditors' rights generally (whether considered in a
     proceeding at law or in equity);

          (v)     The Servicer does not believe, nor does it have any reason or
     cause to believe, that it cannot perform each and every covenant contained
     in this Agreement;

          (vi)    There is no action, suit, proceeding or investigation pending
     or, to its knowledge, threatened against the Servicer that, either
     individually or in the aggregate, may result in any material adverse change
     in the business, operations, financial condition, properties or assets of
     the Servicer, or in any material impairment of the right or ability of the
     Servicer to carry on its business substantially as now conducted, or in any
     material liability on the part of the Servicer, or that would draw into
     question the validity or enforceability of this Agreement or of any action
     taken or to be taken in connection with the obligations of the Servicer
     contemplated herein, or that would be likely to impair materially the
     ability of the Servicer to perform under the terms of this Agreement;

          (vii)   No consent, approval or order of any court or governmental
     agency or body is required for the execution, delivery and performance by
     the Servicer of or compliance by the Servicer with this Agreement or the
     consummation of the transactions contemplated by this Agreement, except for
     such consents, approvals, authorizations and orders, if any, that have been
     obtained;

          (viii)  No information in this Agreement provided by the Servicer nor
     any information, certificate of an officer, statement furnished in writing
     or report delivered to the Trustee by the Servicer in connection with the
     transactions contemplated hereby contains or will contain any untrue
     statement of a material fact or omits or will omit to state a material fact
     necessary in order to make the statements contained therein, in light of
     the circumstances under which they were made, not misleading;

          (ix)    The Servicer has fully furnished, and shall continue to fully
     furnish for so long as it is servicing the Mortgage Loans hereunder, in
     accordance with the Fair Credit Reporting Act and its implementing
     regulations, accurate and complete information on the Mortgagor credit
     files to Equifax, Experian and Trans Union Credit Information Company on a
     monthly basis;

          (x)     The Servicer is a member of MERS in good standing; and

          (xi)    The Servicer acknowledges and agrees that the Servicing Fee
     represents reasonable compensation for performing such services and that
     the entire Servicing Fee shall be treated by the Servicer, for accounting
     and tax purposes, as compensation for the servicing and administration of
     the Mortgage Loans pursuant to this Agreement.

          It is understood and agreed that the representations, warranties and
covenants set forth in this Section 2.05 shall survive delivery of the Mortgage
Files to the Trustee and shall inure to the benefit of the Trustee, the
Depositor, the NIMS Insurer and the Certificateholders. Upon discovery by any of
the Depositor, the Servicer, the NIMS Insurer or the Trustee of a breach of any
of the foregoing representations, warranties and covenants which materially and
adversely affects the value of any Mortgage Loan, Prepayment Charge or the
interests therein of

                                      -61-
<PAGE>

the Certificateholders, the party discovering such breach shall give prompt
written notice (but in no event later than two Business Days following such
discovery) to the other parties hereto.

          Section 2.06   Representations and Warranties of the Depositor.

          The Depositor represents and warrants to the Trust and the Trustee on
behalf of the Certificateholders and to the Servicer and the NIMS Insurer as
follows:

          (i)     This agreement constitutes a legal, valid and binding
     obligation of the Depositor, enforceable against the Depositor in
     accordance with its terms, except as enforceability may be limited by
     applicable bankruptcy, insolvency, reorganization, moratorium or other
     similar laws now or hereafter in effect affecting the enforcement of
     creditors' rights in general and except as such enforceability may be
     limited by general principles of equity (whether considered in a proceeding
     at law or in equity);

          (ii)    Immediately prior to the sale and assignment by the Depositor
     to the Trustee on behalf of the Trust of each Mortgage Loan, the Depositor
     had good and marketable title to each Mortgage Loan (insofar as such title
     was conveyed to it by the Seller) subject to no prior lien, claim,
     participation interest, mortgage, security interest, pledge, charge or
     other encumbrance or other interest of any nature;

          (iii)   As of the Closing Date, the Depositor has transferred all
     right, title interest in the Mortgage Loans to the Trustee on behalf of the
     Trust;

          (iv)    The Depositor has not transferred the Mortgage Loans to the
     Trustee on behalf of the Trust with any intent to hinder, delay or defraud
     any of its creditors;

          (v)     The Depositor has been duly incorporated and is validly
     existing as a corporation in good standing under the laws of the State of
     Delaware, with full corporate power and authority to own its assets and
     conduct its business as presently being conducted;

          (vi)    The Depositor is not in violation of its certificate of
     incorporation or by-laws or in default in the performance or observance of
     any material obligation, agreement, covenant or condition contained in any
     contract, indenture, mortgage, loan agreement, note, lease or other
     instrument to which the Depositor is a party or by which it or its
     properties may be bound, which default might result in any material adverse
     changes in the financial condition, earnings, affairs or business of the
     Depositor or which might materially and adversely affect the properties or
     assets, taken as a whole, of the Depositor;

          (vii)   The execution, delivery and performance of this Agreement by
     the Depositor, and the consummation of the transactions contemplated
     thereby, do not and will not result in a material breach or violation of
     any of the terms or provisions of, or, to the knowledge of the Depositor,
     constitute a default under, any indenture, mortgage, deed of trust, loan
     agreement or other agreement or instrument to which the Depositor is a
     party or by which the Depositor is bound or to which any of the property or
     assets of the Depositor is subject, nor will such actions result in any
     violation of the provisions of the

                                      -62-
<PAGE>

     certificate of incorporation or by-laws of the Depositor or, to the best of
     the Depositor's knowledge without independent investigation, any statute or
     any order, rule or regulation of any court or governmental agency or body
     having jurisdiction over the Depositor or any of its properties or assets
     (except for such conflicts, breaches, violations and defaults as would not
     have a material adverse effect on the ability of the Depositor to perform
     its obligations under this Agreement);

          (viii)  To the best of the Depositor's knowledge without any
     independent investigation, no consent, approval, authorization, order,
     registration or qualification of or with any court or governmental agency
     or body of the United States or any other jurisdiction is required for the
     issuance of the Certificates, or the consummation by the Depositor of the
     other transactions contemplated by this Agreement, except such consents,
     approvals, authorizations, registrations or qualifications as (a) may be
     required under State securities or Blue Sky laws, (b) have been previously
     obtained or (c) the failure of which to obtain would not have a material
     adverse effect on the performance by the Depositor of its obligations
     under, or the validity or enforceability of, this Agreement; and

          (ix)      There are no actions, proceedings or investigations pending
     before or, to the Depositor's knowledge, threatened by any court,
     administrative agency or other tribunal to which the Depositor is a party
     or of which any of its properties is the subject: (a) which if determined
     adversely to the Depositor would have a material adverse effect on the
     business, results of operations or financial condition of the Depositor;
     (b) asserting the invalidity of this Agreement or the Certificates; (c)
     seeking to prevent the issuance of the Certificates or the consummation by
     the Depositor of any of the transactions contemplated by this Agreement, as
     the case may be; (d) which might materially and adversely affect the
     performance by the Depositor of its obligations under, or the validity or
     enforceability of, this Agreement.

          Section 2.07   Issuance of Certificates and the Uncertificated Regular
Interests.

          The Trustee acknowledges the assignment to it of the Mortgage Loans
and the delivery to it of the Mortgage Files, subject to the provisions of
Sections 2.01 and 2.02, and the Trustee acknowledges the assignment to it of all
other assets included in the Trust Fund, receipt of which is hereby
acknowledged. Concurrently with such assignment and delivery and in exchange
therefor, the Trustee, pursuant to the Written Order to Authenticate executed by
an officer of the Depositor, has executed, and the Certificate Registrar has
authenticated and delivered to or upon the order of the Depositor, the
Certificates (other than the Class CE, Class P and Class R Certificates) in
minimum dollar denominations of $25,000 and integral dollar multiples of $1 in
excess thereof or in the case of the Class P Certificates, in minimum
denominations of $20 and integral multiples of $20 in excess thereof. The Class
CE and Class R Certificates are issuable only in minimum Percentage Interests of
10%. The Class R Certificate is issuable only as a single certificate. The
Trustee acknowledges the issuance of the uncertificated REMIC 1 Regular
Interests and declares that it hold such regular interests as assets of REMIC 2.
The Trustee acknowledges the obligation of the Class CE Certificates to pay Cap
Carryover Amounts, and declares that it hold the same as assets of the Grantor
Trust on behalf of the Holders of the Class A-1, Class A-2, Class A-3, Class
M-1, Class M-2, Class M-3, Class M-4,

                                      -63-
<PAGE>

Class M-5, Class M-6, Class M-7A and Class M-7F Certificates, respectively,
which shall be treated as beneficially owning the right to receive the Cap
Carryover Amounts from the Grantor Trust. In addition to the assets described in
the preceding sentence, the assets of the Grantor Trust shall also include (i)
any Originator Prepayment Charge Payment Amounts, any Servicer Prepayment Charge
Payment Amounts and the beneficial interest of the Class P Certificates with
respect thereto and (ii) the Yield Maintenance Agreements, the Reserve Accounts
and the beneficial interest of the Class CE Certificates with respect thereto,
subject to the obligation to pay Cap Carryover Amounts. The interests evidenced
by the Certificates constitute the entire beneficial ownership interest in the
Trust Fund.

                                   ARTICLE III

                          ADMINISTRATION AND SERVICING
                                OF THE TRUST FUND

          Section 3.01   Servicer to Act as Servicer.

          Prior to the Servicing Transfer Date, the Originator shall service and
administer the Mortgage Loans (or cause the Mortgage Loans to be serviced and
administered) pursuant to the Originator Mortgage Loan Purchase Agreement on
behalf of the Trust. From and after the Servicing Transfer Date, the Servicer,
as independent contract servicer, shall service and administer the Mortgage
Loans on behalf of the Trust and in the best interests of and for the benefit of
the Certificateholders in accordance with this Agreement and the normal and
usual standards of practice of prudent mortgage servicers servicing similar
mortgage loans and, to the extent consistent with such terms, in the same manner
in which it services and administers similar mortgage loans for its own
portfolio, and shall have full power and authority, acting alone, to do or cause
to be done any and all things in connection with such servicing and
administration which the Servicer may deem necessary or desirable and consistent
with the terms of this Agreement (the "Servicing Standard").

          Consistent with the terms of this Agreement, the Servicer may waive,
modify or vary any term of any Mortgage Loan or consent to the postponement of
strict compliance with any such term or in any manner grant indulgence to any
Mortgagor if in the Servicer's reasonable and prudent determination such waiver,
modification, postponement or indulgence is not materially adverse to the
Certificateholders; provided, however, that the Servicer shall not make future
advances and, except as set forth in the following sentence or Section 3.03, the
Servicer shall not permit any modification with respect to any Mortgage Loan
that would (i) change the Mortgage Interest Rate, defer or forgive the payment
thereof of any principal or interest payments, reduce the outstanding principal
amount (except for actual payments of principal) or extend the final maturity
date with respect to such Mortgage Loan or (ii) cause an Adverse REMIC Event.
Notwithstanding anything to the contrary contained in this Agreement, in the
event that any Mortgage Loan is in default or, if such default is reasonably
foreseeable, the Servicer, consistent with the standards set forth in this
Section 3.01, may also waive, modify or vary any term of such Mortgage Loan
(including modifications that would change the Mortgage Rate, forgive the
payment of principal or interest, extend the final maturity date of such
Mortgage Loan (including modifications that would change the Mortgage Rate,
forgive the payment of principal or interest, extend the final maturity date of
such Mortgage Loan or waive,

                                      -64-
<PAGE>

in whole or in part, a Prepayment Charge)), accept payment from the related
Mortgagor of an amount less than the unpaid Principal Balance in final
satisfaction of such Mortgage Loan, or consent to the postponement of strict
compliance with any such term or otherwise grant indulgence to any Mortgagor
(any and all such waivers, modifications, variances, forgiveness of principal or
interest, postponements, or indulgences collectively referred to herein as
"forbearance"); provided, however, that the final maturity date of any Mortgage
Loan may not be extended beyond the Assumed Final Distribution Date. The
Servicer's analysis supporting any forbearance and the conclusion that any
forbearance meets the standards of this Section 3.01 shall be reflected in
writing in the Servicing File. Notwithstanding the foregoing, the Servicer shall
not permit any modification with respect to any Mortgage Loan that would both
(x) effect an exchange or reissuance of such Mortgage Loan under Section
1.860G-2(b) of the Treasury Regulations and (y) cause an Adverse REMIC Event.
The NIMS Insurer's prior written consent shall be required for any modification,
waiver or amendment if the aggregate number of outstanding Mortgage Loans which
have been modified, waived or amended exceeds 5% of the number of Mortgage Loans
as of the Cut-off Date. Without limiting the generality of the foregoing, the
Servicer shall continue, and is hereby authorized and empowered to execute and
deliver on behalf of itself, and the Trustee, all instruments of satisfaction or
cancellation, or of partial or full release, discharge and all other comparable
instruments, with respect to the Mortgage Loans and with respect to the
Mortgaged Property. The Servicer shall make all required Servicing Advances and
shall service and administer the Mortgage Loans in accordance with Applicable
Regulations, and shall provide to the Mortgagor any reports required to be
provided to them thereby. The Trustee shall execute and deliver to the Servicer
within at least fifteen (15) Business Days of receipt, upon request, any powers
of attorney furnished to it by the Servicer empowering the Servicer to execute
and deliver instruments of satisfaction or cancellation, or of partial or full
release or discharge, and to foreclose upon or otherwise liquidate any Mortgaged
Property, and to appeal, prosecute or defend in any court action relating to the
Mortgage Loans or the Mortgaged Properties, in accordance with this Agreement,
and the Trustee shall execute and deliver such other documents as the Servicer
may request, necessary or appropriate to enable the Servicer to service and
administer the Mortgage Loans and carry out its duties hereunder, in each case
in accordance with Servicing Standard (and the Trustee shall have no liability
for misuse of any such powers of attorney by the Servicer). Notwithstanding
anything contained herein to the contrary, the Servicer shall not without the
Trustee's written consent: (i) initiate any action, suit or proceeding solely
under the Trustee's name without indicating the Servicer's representative
capacity or (ii) take any action with the intent to cause, and which results in,
the Trustee being registered to do business in any state.

          In servicing and administering the Mortgage Loans, the Servicer shall
employ procedures including collection procedures and exercise the same care
that it customarily employs and exercises in servicing and administering
mortgage loans for its own account giving due consideration to accepted mortgage
servicing practices of prudent lending institutions and the Certificateholders'
reliance on the Servicer.

          The Servicer shall give prompt notice to the Trustee of any action, of
which the Servicer has actual knowledge, to (i) assert a claim against the Trust
Fund or (ii) assert jurisdiction over the Trust Fund.

                                      -65-
<PAGE>

          Notwithstanding anything in this Agreement to the contrary, in the
event of a voluntary Principal Prepayment in full of a Mortgage Loan, the
Servicer may not waive any Prepayment Charge or portion thereof required by the
terms of the related Mortgage Note unless (i)(a) the Servicer determines that
such waiver is standard and customary in servicing similar mortgage loans, (b)
such waiver relates to a default or a reasonably foreseeable default and (c)
would, in the reasonable judgment of the Servicer, maximize recovery of
Liquidation Proceeds for such Mortgage Loan, taking into account the value of
such Prepayment Charge; (ii) the enforceability thereof is limited (1) by
bankruptcy, insolvency, moratorium, receivership, or other similar law relating
to creditors' rights generally or (2) due to acceleration in connection with a
foreclosure or other involuntary payment; (iii) such Prepayment Charge is not
permitted to be collected by Applicable Regulations; or (iv) the collection of
such Prepayment Charge would be considered "predatory" pursuant to written
guidance published or issued by any applicable federal, state or local
regulatory authority acting in its official capacity and having jurisdiction
over such matters. If the Servicer has waived or does not collect all or a
portion of a Prepayment Charge relating to a voluntary Principal Prepayment in
full due to any action or omission of the Servicer, other than as provided
above, the Servicer shall, on the date on which the Principal Prepayment in full
is remitted to the Trustee, deliver to the Trustee the Servicer Prepayment
Charge Amount with respect to such Mortgage Loan for distribution in accordance
with the terms of this Agreement.

          In the event that a Prepayment Charge due with respect to any Mortgage
Loan is not timely received by the Servicer, the Servicer shall use commercially
reasonable efforts to determine whether the Originator is obligated to pay a
related Originator Prepayment Charge Payment Amount, and if the Servicer
determines that a Originator Prepayment Charge Payment Amount is due, the
Servicer shall promptly notify the Originator, and the Servicer shall enforce
the Originator's obligations to pay in a timely manner any such Originator
Prepayment Charge Payment Amounts and, to the extent that such amounts are
received by the Servicer, shall cause such amounts to be deposited into the
Trust Collection Account within one Business Day of receipt.

          Section 3.02   Collection of Mortgage Loan Payments.

          Continuously from the date hereof until the principal and interest on
all Mortgage Loans are paid in full or as long as the Mortgage Loan remains
subject to this Agreement, the Servicer will diligently collect all payments due
under each Mortgage Loan when the same shall become due and payable and shall,
to the extent such procedures shall be consistent with this Agreement and
Applicable Regulations, follow such collection procedures as it follows with
respect to mortgage loans comparable to the Mortgage Loans and held for its own
account. Further, the Servicer will take special care in ascertaining and
estimating on escrowed Mortgage Loans annual ground rents, taxes, assessments,
water rates, fire and hazard insurance premiums, mortgage insurance premiums,
and all other charges that, as provided in the Mortgage, will become due and
payable to that end that the installments payable by the Mortgagors will be
sufficient to pay such charges as and when they become due and payable.

                                      -66-
<PAGE>

          Section 3.03   Realization Upon Defaulted Mortgage Loans.

          In the event that any payment due under any Mortgage Loan is not paid
when the same becomes due and payable, or in the event the Mortgagor fails to
perform any other covenant or obligation under the Mortgage Loan and such
failure continues beyond any applicable grace period, the Servicer shall take
such action as it shall deem to be in the best interest of the
Certificateholders. With respect to any defaulted Mortgage Loan, the Servicer
shall have the right to review the status of the related forbearance plan and,
subject to the second paragraph of Section 3.01, may modify such forbearance
plan; including extending the Mortgage Loan repayment date for a period of one
year or reducing the Mortgage Interest Rate up to 50 basis points.

          In connection with a foreclosure or other conversion, the Servicer
shall exercise such rights and powers vested in it hereunder and use the same
degree of care and skill in its exercise as prudent mortgage servicers would
exercise or use under the circumstances in the conduct of their own affairs and
consistent with Applicable Regulations and the Servicing Standard, including,
without limitation, advancing funds for the payment of taxes and insurance
premiums.

          Notwithstanding the foregoing provisions of this Section 3.03, with
respect to any Mortgage Loan as to which the Servicer has received actual notice
of, or has actual knowledge of, the presence of any toxic or hazardous substance
on the related Mortgaged Property, the Servicer shall not either (i) obtain
title to such Mortgaged Property as a result of or in lieu of foreclosure or
otherwise, or (ii) otherwise acquire possession of, or take any other action
with respect to, such Mortgaged Property if, as a result of any such action, the
Trust would be considered to hold title to, to be a mortgagee-in-possession of,
or to be an owner or operator of such Mortgaged Property within the meaning of
the Comprehensive Environmental Response, Compensation and Liability Act of
1980, as amended from time to time, or any comparable law, unless the Servicer
has received the prior written consent of the NIMS Insurer and has received a
prudent report prepared by a Person who regularly conducts environmental audits
using customary industry standards, that:

          A.      such Mortgaged Property is in compliance with applicable
     environmental laws or, if not, that it would be in the best economic
     interest of the Certificateholders to take such actions as are necessary to
     bring the Mortgaged Property into compliance therewith; and

          B.      there are no circumstances present at such Mortgaged Property
     relating to the use, management or disposal of any hazardous substances,
     hazardous materials, hazardous wastes, or petroleum-based materials for
     which investigation, testing, monitoring, containment, clean-up or
     remediation could be required under any federal, state or local law or
     regulation, or that if any such materials are present for which such action
     could be required, that it would be in the best economic interest of the
     Certificateholders to take such actions with respect to the affected
     Mortgaged Property.

          The cost of the environmental audit report contemplated by this
Section 3.03 shall be advanced by the Servicer, subject to the Servicer's right
to be reimbursed therefor from the Trust Collection Account as provided in
Section 3.05(a)(iv).

                                      -67-
<PAGE>

          If the Servicer determines, as described above, that it is in the best
economic interest of the Certificateholders to take such actions as are
necessary to bring any such Mortgaged Property into compliance with applicable
environmental laws, or to take such action with respect to the containment,
clean-up or remediation of hazardous substances, hazardous materials, hazardous
wastes, or petroleum-based materials affecting any such Mortgaged Property, then
the Servicer shall take such action as it deems to be in the best economic
interest of the Certificateholders. The cost of any such compliance,
containment, clean-up or remediation shall be advanced by the Servicer, subject
to the Servicer's right to be reimbursed therefor from the Trust Collection
Account as provided in Section 3.05(a).

          Section 3.04   Collection Accounts, Distribution Account and Reserve
Accounts.

          (a)     The Servicer shall segregate and hold all funds collected and
received pursuant to each Mortgage Loan separate and apart from any of its own
funds and general assets and shall establish and maintain certain Collection
Accounts. Each Collection Account shall be an Eligible Account.

          The Servicer shall deposit or cause to be deposited on a daily basis
and in no event more than two Business Days after receipt thereof in the
clearing account (which must be an Eligible Account) in which it customarily
deposits payments and collections on mortgage loans in connection with its
mortgage loan servicing activities, and shall thereafter deposit in the Trust
Collection Account, in no event more than two Business Days after deposit of
such funds in the clearing account, and retain therein, the following payments
and collections received or made by it after the Cut-off Date with respect to
the Mortgage Loans (other than in respect of principal and interest due on or
before the Cut-off Date):

          (i)     all payments on account of principal, including Principal
     Prepayments, on the Mortgage Loans;

          (ii)    all payments on account of interest on the Mortgage Loans
     (other than the applicable percentage (based on the DA Dividend Rate) of
     interest collections constituting DA Dividends, which payments shall be
     deposited to the DA Reserve Account pursuant to this Section 3.04, adjusted
     to the Mortgage Interest Rate less the Servicing Fee Rate), adjusted to the
     Mortgage Interest Rate less the Servicing Fee Rate;

          (iii)   all Liquidation Proceeds and any Subsequent Recoveries;

          (iv)    all Insurance Proceeds including amounts required to be
     deposited pursuant to Section 3.10, other than proceeds to be held in the
     Escrow Account and applied to the restoration or repair of the Mortgaged
     Property or released to the Mortgagor in accordance with the Servicer's
     normal servicing procedures, the loan documents or applicable law;

          (v)     all Condemnation Proceeds affecting any Mortgaged Property
     which are not released to the Mortgagor in accordance with the Servicer's
     normal servicing procedures, the loan documents or applicable law;

                                      -68-
<PAGE>

          (vi)    any amounts required to be deposited by the Servicer in
     connection with any REO Property pursuant to Section 3.13;

          (vii)   all Prepayment Charges collected by the Servicer in connection
     with the voluntary Principal Prepayment in full of any Mortgage Loan, all
     Originator Prepayment Charge Payment Amounts paid by the Originator and all
     Servicer Prepayment Charge Payment Amounts required to be paid by the
     Servicer pursuant to Section 3.01 in connection with any such Principal
     Prepayment;

          (viii)  without duplication, all payments and claims received by the
     Servicer under the PMI Policy; and

          (ix)    all amounts required to be deposited by the Servicer pursuant
     to Section 2.03.

          Any interest paid on funds deposited in the Collection Accounts,
subject to Section 3.25, shall accrue to the benefit of the Servicer and the
Servicer shall be entitled to retain and withdraw such interest from the
Collection Accounts pursuant to Section 3.05(a)(v) and 3.05(b)(iii), as
applicable. The foregoing requirements for deposit into the Trust Collection
Account shall be exclusive, it being understood and agreed that, without
limiting the generality of the foregoing, payments in the nature of late payment
charges, bad check fees, prepayment charges that are not Prepayment Charges,
Originator Prepayment Charge Payment Amounts or Servicer Prepayment Charge
Payment Amounts, assumption fees and other similar fees need not be deposited by
the Servicer into the Trust Collection Account. Amounts deposited in the
Collection Accounts in error may be withdrawn by the Servicer at any time.

          The Servicer shall deposit in the DA Reserve Account on a daily basis,
but not more than two (2) Business Days after receipt by the Servicer, and
retain therein until their required withdrawal and distribution in accordance
with Section 3.05(b), all DA Dividends attributable to a DAD Mortgage Loan. Any
interest paid on funds deposited in the DA Reserve Account shall accrue to the
benefit of the Servicer and the Servicer shall be entitled to retain and
withdraw such interest from the DA Reserve Account in accordance with Section
3.05(b).

          (b)     On behalf of the Trust Fund, the Trustee shall establish and
maintain one or more accounts (such account or accounts, the "Distribution
Account"), held in trust for the benefit of the Certificateholders. On behalf of
the Trust Fund, the Servicer shall deliver to the Trustee in immediately
available funds for deposit in the Distribution Account by 1:00 p.m. New York
time on the Servicer Remittance Date, (i) that portion of the Available Funds
(calculated without regard to the references in the definition thereof to
amounts that may be deposited to the Distribution Account from a different
source as provided herein) then on deposit in the Collection Accounts and (ii)
the amount of all Prepayment Charges collected by the Servicer, all Originator
Prepayment Charge Payment Amounts required to be paid by the Originator and all
Servicer Prepayment Charge Payment Amounts required to be paid by the Servicer
in connection with the voluntary Principal Prepayment in full of any of the
Mortgage Loans then on deposit in the Trust Collection Account (other than any
such Prepayment Charges received and Servicer Prepayment Charge Payment Amounts
and Originator Prepayment Charge Payment Amounts paid after the related
Prepayment Period). Amounts in the Distribution Account shall be deemed

                                      -69-
<PAGE>

to be held on behalf of the related REMICs and the Grantor Trust in accordance
with the REMIC distributions set forth in Section 4.08. The Trustee shall be
entitled to withdraw from the Distribution Account any amounts owing to it
pursuant to Section 8.05 and Section 9.01(c) prior to the distribution of any
amounts on deposit to the Certificateholders; provided, however, in the case of
amounts owing to it, the Trustee shall provide the Depositor, the NIMS Insurer
and the Servicer with a written account of such amounts five Business Days prior
to withdrawing such funds and, provided further, that the Trustee shall not be
entitled to withdraw such amounts for funds on deposit in the Distribution
Account representing Prepayment Charges, Originator Prepayment Charge Payment
Amounts and Servicer Prepayment Charge Payment Amounts. In connection with any
failure by the Servicer to make any remittance required to be made by the
Servicer to the Trustee for deposit in the Distribution Account on the day and
by the time such remittance is required to be made under the terms of this
Section 3.04(b) (without giving effect to any grace or cure period), the
Servicer shall pay to the Trustee for the account of the Trustee interest at the
prime rate of United States money center commercial banks as published in The
Wall Street Journal on any amount not timely remitted from and including the day
such remittance was required to be made to, but not including, the day on which
such remittance was actually made.

          (c)     Funds on deposit in the Collection Accounts may be invested
in Eligible Investments in accordance with the provisions set forth in Section
3.25. The Servicer shall give notice to the Trustee and the NIMS Insurer of the
location of the Collection Accounts maintained by it when established and prior
to any change thereof. The Trustee shall give notice to the Servicer, the NIMS
Insurer and the Depositor of the location of the Distribution Account when
established and prior to any change thereof.

          (d)     In the event the Servicer shall deliver to the Trustee for
deposit in the Distribution Account any amount not required to be deposited
therein, it may at any time request that the Trustee withdraw such amount from
the Distribution Account and remit to the Servicer any such amount, any
provision herein to the contrary notwithstanding. In addition, the Servicer
shall deliver to the Trustee from time to time for deposit, and the Trustee
shall so deposit, in the Distribution Account in respect of REMIC 1:

          (i)     any Advances, as required pursuant to Section 4.07;

          (ii)    any Stayed Funds, as soon as permitted by the federal
     bankruptcy court having jurisdiction in such matters;

          (iii)   any amounts required to be delivered by the Servicer to the
     Trustee for deposit in the Distribution Account pursuant to Sections 2.03,
     3.04, 3.13, 3.15, 3.16, 3.23, 3.24, 4.07 or 10.01; and

          (iv)    any amounts required to be deposited by the Servicer pursuant
     to Section 3.11 in connection with the deductible clause in any blanket
     hazard insurance policy, such deposit being made from the Servicer's own
     funds, without reimbursement therefor.

                                      -70-
<PAGE>

          (e)     Promptly upon receipt of any Stayed Funds, whether from the
Servicer, a trustee in bankruptcy, or federal bankruptcy court or other source,
the Trustee shall notify the Servicer of such receipt and deposit such funds in
the Distribution Account, subject to withdrawal thereof as permitted hereunder.
In addition, the Trustee shall deposit in the Distribution Account any amounts
required to be deposited pursuant to Section 3.25(b) in connection with losses
realized on Eligible Investments with respect to funds held in the Distribution
Account.

          (f)     Any Originator Prepayment Charge Payment Amounts and
Servicer Prepayment Charge Payment Amounts deposited pursuant to Section
3.04(a)(vii) shall not be assets of any REMIC created hereunder, but shall be
considered assets of the Grantor Trust held by the Trustee for the benefit of
the Class P Certificateholders.

          (g)     (i) The Trustee shall establish and maintain the Class A
Reserve Account, held in trust for the benefit of the Holders of the Class A
Certificates. The Trustee shall deposit in the Class A Reserve Account on the
date received by it, any Class A Yield Maintenance Agreement Payment received
from the Yield Maintenance Agreement Provider for the related Distribution Date.

     The Trustee shall establish and maintain the Class M-1, Class M-2 and Class
M-3 Reserve Account, held in trust for the benefit of the Holders of the Class
M-1, Class M-2 and Class M-3 Certificates. The Trustee shall deposit in the
Class M-1, Class M-2 and Class M-3 Reserve Account on the date received by it,
any Class M-1, Class M-2 and Class M-3 Yield Maintenance Agreement Payment
received from the Yield Maintenance Agreement Provider for the related
Distribution Date.

     The Trustee shall establish and maintain the Class M-4, Class M-5, Class
M-6 and Class M-7A Reserve Account, held in trust for the benefit of the Holders
of the Class M-4, Class M-5, Class M-6 and Class M-7A Certificates. The Trustee
shall deposit in the Class M-4, Class M-5, Class M-6 and Class M-7A Reserve
Account on the date received by it, any Class M-4, Class M-5, Class M-6 and
Class M-7A Yield Maintenance Agreement Payment received from the Yield
Maintenance Agreement Provider for the related Distribution Date.

     On each Distribution Date, the Trustee shall withdraw from the Class A
Reserve Account any Class A Yield Maintenance Agreement Payment, shall withdraw
from the Class M-1, Class M-2 and Class M-3 Reserve Account any Class M-1, Class
M-2 and Class M-3 Yield Maintenance Agreement Payment and shall withdraw from
the Class M-4, Class M-5, Class M-6 and Class M-7A Reserve Account any Class
M-4, Class M-5, Class M-6 and Class M-7A Yield Maintenance Agreement Payment and
apply them in the following order of priority:

          (A)     to the Class A-1, Class A-2 and Class A-3 Certificates from
the Class A Reserve Account,

                  (1)  in each case only up to the Cap Amount for the related
                  Class, any remaining unpaid Cap Carryover Amounts for such
                  Class for such Distribution Date (after distributions to the
                  Class A Certificates pursuant

                                      -71-
<PAGE>

                  to Section 4.02(b)(xxiv) hereof) distributed PRO RATA to each
                  Class based on the Cap Amount for such Class; and

                  (2)  any remaining unpaid Cap Carryover Amounts for such
                  Classes for such Distribution Date (after distributions to the
                  Class A Certificates pursuant to Section 4.02(b)(xxiv) hereof
                  and clause A(1) above), distributed PRO RATA to each Class
                  based on the unpaid Cap Carryover Amount for such Class;

          (B)     to the Class M-1, Class M-2 and Class M-3 Certificates from
the Class M-1, Class M-2 and Class M-3 Reserve Account,

                  (1)  in each case only up to the Cap Amount for the related
          Class, any remaining unpaid Cap Carryover Amounts for such Classes for
          such Distribution Date (after distributions to the Class M-1, Class
          M-2 and Class M-3 Certificates pursuant to Section 4.02(b)(xxiv)
          hereof), distributed sequentially, to the Class M-1, Class M-2 and
          Class M-3 Certificates, in that order; and

                  (2)  any remaining unpaid Cap Carryover Amounts for such
          Classes for such Distribution Date (after distributions to the Class
          M-1, Class M-2 and Class M-3 Certificates pursuant to Section
          4.02(b)(xxiv) hereof and clause (B)(1) above) distributed
          sequentially, to the Class M-1, Class M-2 and Class M-3 Certificates,
          in that order;

          (C)     to the Class M-4, Class M-5, Class M-6 and Class M-7A
Certificates from the Class M-4, Class M-5, Class M-6 and Class M-7A Reserve
Account,

                  (1)  in each case only up to the Cap Amount for the related
          Class, any remaining unpaid Cap Carryover Amounts for such Classes for
          such Distribution Date (after distributions to the Class M-4, Class
          M-5, Class M-6 and Class M-7A Certificates pursuant to Section
          4.02(b)(xxiv) hereof), distributed sequentially, to the Class M-4,
          Class M-5, Class M-6 and Class M-7A Certificates, in that order; and

                  (2)  any remaining unpaid Cap Carryover Amounts for such
          Classes for such Distribution Date (after distributions to the Class
          M-4, Class M-5, Class M-6 and Class M-7A Certificates pursuant to
          Section 4.02(b)(xxiv) hereof and clause (C)(1) above) distributed
          sequentially, to the Class M-4, Class M-5, Class M-6 and Class M-7A
          Certificates, in that order; and

          (D)     to the Class CE Certificates, any remaining amount on deposit
in the Reserve Accounts.

          (ii)    The Trustee shall account for each Reserve Account as an asset
     of a grantor trust under subpart E, part I of subchapter J of the Code and
     not an asset of any REMIC created pursuant to this Agreement. The
     beneficial owner of each Reserve Account is the Class CE Certificateholder.
     For all federal tax purposes, amounts

                                      -72-
<PAGE>

     transferred or reimbursed by REMIC 2 to either Reserve Account shall be
     treated as distributions by the Trustee to the Class CE Certificateholder.

          (iii)   Any Cap Carryover Amounts paid by the Trustee pursuant to this
     Section 3.04(g) to the Class A and Class M Certificates, shall be accounted
     for by the Trustee as amounts paid first to the Class CE Certificates and
     then to the respective Class or Classes of the Class A and Class M
     Certificates from the Grantor Trust. In addition, the Trustee shall account
     for the related Class A and Class M Certificates' rights to receive
     payments of Cap Carryover Amounts as rights in limited recourse interest
     rate cap contracts written by the Class CE Certificates in favor of the
     related Classes of Class A and Class M Certificates.

          (iv)    For federal tax return and information reporting, the right of
     the Holders of the Class A and Class M Certificates to receive payments
     under the Class A Yield Maintenance Agreement, the Class M-1, Class M-2 and
     Class M-3 Yield Maintenance Agreement and the Class M-4, Class M-5, Class
     M-6 and Class M-7A Yield Maintenance Agreement in respect of any related
     Yield Maintenance Agreement Payments shall be assigned a value of zero.

          Section 3.05   Permitted Withdrawals From the Collection Accounts.

          (a)     The Servicer may, from time to time, withdraw from the Trust
Collection Account for the following purposes:

          (i)     to remit to the Trustee for deposit in the Distribution
     Account the amounts required to be so remitted pursuant to Section 3.04(b)
     or permitted to be so remitted pursuant to the first sentence of Section
     3.04(d);

          (ii)    to reimburse itself for (a) any unreimbursed Advances to the
     extent of amounts received which represent Late Collections (net of the
     related Servicing Fees) of Monthly Payments, Liquidation Proceeds and
     Insurance Proceeds on Mortgage Loans with respect to which such Advances
     were made in accordance with the provisions of Section 4.07; (b) any
     unreimbursed Advances with respect to the final liquidation of a Mortgage
     Loan that are Nonrecoverable Advances, but only to the extent that Late
     Collections, Liquidation Proceeds and Insurance Proceeds received with
     respect to such Mortgage Loan are insufficient to reimburse the Servicer
     for such unreimbursed Advances; or (c) subject to Section 4.07(b), any
     unreimbursed Advances to the extent of funds held in the Trust Collection
     Account for future distribution that were not included in Available Funds
     for the preceding Distribution Date;

          (iii)   to reimburse itself for (a) any unpaid Servicing Fees, (b) any
     unreimbursed Servicing Advances with respect to each Mortgage Loan, but
     only to the extent of any Late Collections, Liquidation Proceeds, Insurance
     Proceeds and condemnation proceeds received with respect to such Mortgage
     Loan, and (c) any Servicing Advances with respect to the final liquidation
     of a Mortgage Loan that are Nonrecoverable Advances, but only to the extent
     that Late Collections, Liquidation Proceeds and Insurance Proceeds

                                      -73-
<PAGE>

     received with respect to such Mortgage Loan are insufficient to reimburse
     the Servicer for Servicing Advances;

          (iv)    to reimburse itself for any amounts paid or expenses incurred
     pursuant to Section 3.03 (and not otherwise previously reimbursed);

          (v)     to pay to itself as servicing compensation (a) any interest
     earned on funds in the Trust Collection Account (all such interest to be
     withdrawn monthly not later than each Servicer Remittance Date), and (b)
     the Servicing Fee from that portion of any payment or recovery as to
     interest to a particular Mortgage Loan to the extent not retained pursuant
     to Section 3.04(a)(ii);

          (vi)    to pay or reimburse itself for any amounts payable or paid
     pursuant to Section 6.03 (and not otherwise previously reimbursed); and

          (vii)   to clear and terminate the Trust Collection Account upon the
     termination of this Agreement.

          (b)     The Servicer may, from time to time, withdraw funds from the
DA Reserve Account to be applied in the following manner:

          (i)     that amount of DA Dividends on deposit in the DA Reserve
     Account which are not refundable to the Mortgagors as a result of a DA
     Forfeiture Event with respect to the related DAD Mortgage Loans shall be
     withdrawn from the DA Reserve Account on each Remittance Date and deposited
     into the Distribution Account maintained by the Trustee pursuant to Section
     3.04(b);

          (ii)    the amount of DA Dividends on deposit in the DA Reserve
     Account which is refundable to the Mortgagor of a DAD Mortgage Loan as the
     result of the non-occurrence of a DA Forfeiture Event with respect to such
     Mortgage Loan shall be withdrawn from the DA Reserve Account and paid to
     the related Mortgagor no later than twenty days following the related DA
     Anniversary Date on which the determination of eligibility for such refund
     is determined;

          (iii)   to pay itself investment earnings on funds deposited into the
     DA Reserve Account; and

          (iv)    to invest funds in certain Eligible Investments in accordance
     with Section 3.25 hereof.

          The foregoing requirements for withdrawal from each of the Collection
Accounts shall be exclusive. In the event the Servicer shall deposit in either
Collection Account any amount not required to be deposited therein, it may at
any time withdraw such amount from such Collection Account, any provision herein
to the contrary notwithstanding.
                                      -74-
<PAGE>

          Section 3.06   Establishment of Escrow Accounts; Deposits in Escrow
Accounts.

          The Servicer shall segregate and hold all funds collected and received
pursuant to each Mortgage Loan which constitute Escrow Payments separate and
apart from any of its own funds and general assets and shall establish and
maintain one or more Escrow Accounts, in the form of time deposit or demand
accounts. A copy of such letter agreement shall be furnished to the Trustee upon
request. The Escrow Account shall be an Eligible Account.

          The Servicer shall deposit or cause to be deposited on a daily basis
and in no event more than two Business Days after receipt thereof in the
clearing account (which must be an Eligible Account) in which it customarily
deposits payments and collections on mortgage loans in connection with its
mortgage loan servicing activities, and shall thereafter deposit in the Escrow
Account or Accounts, in no event more than two Business Days after deposit of
such funds in the clearing account, and retain therein, (i) all Escrow Payments
collected on account of the Mortgage Loans, for the purpose of effecting timely
payment of any such items as required under the terms of this Agreement, and
(ii) all Insurance Proceeds which are to be applied to the restoration or repair
of any Mortgaged Property. The Servicer shall make withdrawals therefrom only to
effect such payments as are required under this Agreement, and for such other
purposes as shall be set forth in, or in accordance with, Section 3.07. The
Servicer shall be entitled to retain any interest paid on funds deposited in the
Escrow Account by the depository institution other than interest on escrowed
funds required by law to be paid to the Mortgagor and, to the extent required by
the related Mortgage Loan or Applicable Regulations, the Servicer shall pay
interest on escrowed funds to the Mortgagor notwithstanding that the Escrow
Account is non-interest bearing or that interest paid thereon is insufficient
for such purposes.

          Section 3.07   Permitted Withdrawals From Escrow Account.

          Withdrawals from the Escrow Account may be made by the Servicer (i) to
effect timely payments of ground rents, taxes, assessments, water rates, fire,
flood and hazard insurance premiums and comparable items in a manner and at a
time that assures that the lien priority of the Mortgage is not jeopardized (or,
with respect to the payment of taxes, in a manner and at a time that avoids the
loss of the Mortgaged Property due to a tax sale or the foreclosure as a result
of a tax lien), (ii) to reimburse the Servicer for any Servicing Advance made by
the Servicer with respect to a related Mortgage Loan but only from amounts
received on the related Mortgage Loan which represent late payments or Late
Collections of Escrow Payments thereunder with respect to taxes and assessments
and with respect to hazard insurance, (iii) to refund to the Mortgagor any funds
as may be determined to be overages, (iv) for transfer to the Trust Collection
Account in accordance with the terms of this Agreement, (v) for application to
restoration or repair of the Mortgaged Property, (vi) to pay to the Servicer, or
to the Mortgagor to the extent required by the related Mortgage Loan or
Applicable Regulations, any interest paid on the funds deposited in the Escrow
Account, (vii) to clear and terminate the Escrow Account on the termination of
this Agreement, or (viii) to transfer to the Trust Collection Account any
insurance proceeds. As part of its servicing duties, the Servicer shall pay to
the Mortgagor interest on funds in the Escrow Account, to the extent required by
the related Mortgage Loan or Applicable Regulations, and to the extent that
interest earned on funds in the Escrow Account is insufficient, shall pay such
interest from its own funds, without any reimbursement therefor.

                                      -75-
<PAGE>

          In the event the Servicer shall deposit in the Escrow Account any
amount not required to be deposited therein, it may at any time withdraw such
amount from the Escrow Account, any provision herein to the contrary
notwithstanding.

          Section 3.08   Payment of Taxes, Insurance and Other Charges;
Collections Thereunder.

          With respect to each Mortgage Loan that provides for Escrow Payments,
the Servicer shall maintain accurate records reflecting the status of ground
rents, taxes, assessments, water rates and other charges which are or may become
a lien upon the Mortgaged Property and the status of fire, flood and hazard
insurance coverage and shall obtain, from time to time, all bills for the
payment of such charges (including renewal premiums) and shall effect payment of
taxes, assessments, hazard insurance premiums, and comparable items in a manner
and at a time that assures that the lien priority of the Mortgage is not
jeopardized (or, with respect to the payment of taxes, in a manner and at a time
that avoids the loss of the Mortgaged Property due to a tax sale or the
foreclosure as a result of a tax lien). To the extent that a Mortgage does not
provide for Escrow Payments, the Servicer (i) shall determine whether any such
payments are made by the Mortgagor in a manner and at a time that is necessary
to avoid the loss of the Mortgaged Property due to a tax sale or the foreclosure
as a result of a tax lien and (ii) shall ensure that all insurance required to
be maintained on the Mortgaged Property pursuant to this Agreement is
maintained. If any such payment has not been made and the Servicer receives
notice of a tax lien with respect to the Mortgage Loan being imposed, the
Servicer will, promptly and to the extent required to avoid loss of the
Mortgaged Property, advance or cause to be advanced funds necessary to discharge
such lien on the Mortgaged Property. The Servicer assumes full responsibility
for the payment of all such bills and shall effect payments of all such bills
irrespective of the Mortgagor's faithful performance in the payment of same or
the making of the Escrow Payments and shall make Servicing Advances from its own
funds to effect such payments.

          Section 3.09   Transfer of Accounts.

          The Servicer may transfer the Collection Accounts and the Escrow
Account to a different depository institution from time to time. Upon such
transfer, the Servicer shall deliver to the Trustee, the NIMS Insurer and the
Depositor, a certification or letter agreement, as the case may be, as required
pursuant to Sections 3.04 and 3.06.

          Section 3.10   Maintenance of Hazard Insurance.

          The Servicer shall cause to be maintained for each Mortgage Loan fire
and hazard insurance with extended coverage as is customary in the area where
the Mortgaged Property is located in an amount which is at least equal to the
lesser of (i) the amount necessary to fully compensate for any damage or loss to
the improvements which are a part of such property on a replacement cost basis
or (ii) the Principal Balance of the Mortgage Loan, in each case in an amount
not less than such amount as is necessary to prevent the Mortgagor and/or the
Mortgagee from becoming a co-insurer. If the Mortgaged Property is in an area
identified in the Federal Register by the Flood Emergency Management Agency as
having special flood hazards and flood insurance has been made available, the
Servicer will cause to be maintained a flood

                                      -76-
<PAGE>

insurance policy meeting the requirements of the current guidelines of the
Federal Insurance Administration with a generally acceptable insurance carrier,
in an amount representing coverage not less than the least of (i) the Principal
Balance of the Mortgage Loan, (ii) the maximum insurable value of the
improvements securing such Mortgage Loan or (iii) the maximum amount of
insurance which is available under the National Flood Insurance Act of 1968, as
amended. The Servicer shall also maintain on the REO Properties for the benefit
of the Certificateholders, (x) fire and hazard insurance with extended coverage
in an amount which is at least equal to the lesser of (i) 100% of the maximum
insurable value of the improvements securing the Mortgage Loan and (ii) the
outstanding Principal Balance of the Mortgage Loan at the time it became an REO
Property, (y) public liability insurance and, (z) to the extent required and
available under the National Flood Insurance Act of 1968, as amended, flood
insurance in an amount as provided above. Any amounts collected by the Servicer
under any such policies other than amounts to be deposited in the Escrow Account
and applied to the restoration or repair of the Mortgaged Property or REO
Property, or released to the Mortgagor in accordance with the Servicer's normal
servicing procedures, shall be deposited in the Trust Collection Account,
subject to withdrawal pursuant to Section 3.05(a). It is understood and agreed
that no earthquake or other additional insurance is required to be maintained by
the Servicer or the Mortgagor or maintained on property acquired in respect of
the Mortgage Loan, other than pursuant to such Applicable Regulations as shall
at any time be in force and as shall require such additional insurance. All such
policies shall be endorsed with standard mortgagee clauses with loss payable to
the Servicer and shall provide for at least thirty days prior written notice of
any cancellation, reduction in the amount of or material change in coverage to
the Servicer. The Servicer shall not interfere with the Mortgagor's freedom of
choice in selecting either his insurance carrier or agent, provided, however,
that the Servicer shall not accept any such insurance policies from insurance
companies unless such companies currently reflect a general policy rating of A:X
or better in Best's Key Rating Guide and are licensed to do business in the
state wherein the property subject to the policy is located.

          Section 3.11   Maintenance of Mortgage Impairment Insurance Policy.

          In the event that the Servicer shall obtain and maintain a blanket
policy issued by an insurer acceptable to Fannie Mae and Freddie Mac and that
has a general policy rating of A:X or better in Best's Key Rating Guide insuring
against hazard losses on all of the Mortgage Loans, then, to the extent such
policy provides coverage in an amount equal to the amount required pursuant to
Section 3.10 and otherwise complies with all other requirements of Section 3.10,
it shall conclusively be deemed to have satisfied its obligations as set forth
in Section 3.10, it being understood and agreed that such policy may contain a
deductible clause, in which case the Servicer shall, in the event that there
shall not have been maintained on the related Mortgaged Property or REO Property
a policy complying with Section 3.10, and there shall have been a loss which
would have been covered by such policy, deliver to the Trustee for deposit in
the Distribution Account the amount not otherwise payable under the blanket
policy because of such deductible clause, which amount shall not be reimbursable
to the Servicer from the Trust Fund. In connection with its activities as
servicer of the Mortgage Loans, the Servicer agrees to prepare and present, on
behalf of the Trustee, claims under any such blanket policy in a timely fashion
in accordance with the terms of such policy. Upon request of the Trustee, the
Servicer shall cause to be delivered to the Trustee a certified true copy of
such policy and a statement from the

                                      -77-
<PAGE>

insurer thereunder that such policy shall in no event be terminated or
materially modified without thirty days prior written notice to the Trustee.

          Section 3.12   Fidelity Bond, Errors and Omissions Insurance.

          The Servicer shall maintain, at its own expense, a blanket fidelity
bond (the "Fidelity Bond") and an errors and omissions insurance policy, with
broad coverage with financially responsible companies on all officers, employees
or other persons acting in any capacity with regard to the Mortgage Loans to
handle funds, money, documents and papers relating to the Mortgage Loans. The
Fidelity Bond and errors and omissions insurance shall be in the form of the
Mortgage Banker's Blanket Bond and shall protect and insure the Servicer against
losses, including forgery, theft, embezzlement, fraud, errors and omissions and
negligent acts of such persons. Such Fidelity Bond shall also protect and insure
the Servicer against losses in connection with the failure to maintain any
insurance policies required pursuant to this Agreement and the release or
satisfaction of a Mortgage Loan without having obtained payment in full of the
indebtedness secured thereby. No provision of this Section 3.12 requiring the
Fidelity Bond and errors and omissions insurance shall diminish or relieve the
Servicer from its duties and obligations as set forth in this Agreement. The
minimum coverage under any such bond and insurance policy shall be at least
equal to the corresponding amounts required by Fannie Mae in the Fannie Mae MBS
Selling and Servicing Guide or by Freddie Mac in the Freddie Mac Servicer's
Guide, unless the Servicer has obtained a waiver of such requirements from
Fannie Mae or Freddie Mac. Upon request of the Trustee or the NIMS Insurer, the
Servicer shall cause to be delivered to the requesting party a certified true
copy of the Fidelity Bond and errors and omissions insurance policy and a
statement from the surety and the insurer that such Fidelity Bond and errors and
omissions insurance policy shall in no event be terminated or materially
modified without thirty days' prior written notice to the Trustee.

          Section 3.13   Title, Management and Disposition of REO Property.

          (a)  In the event that title to a Mortgaged Property is acquired in
foreclosure or by deed in lieu of foreclosure, the deed or certificate of sale
shall be taken (pursuant to a limited power of attorney to be provided by the
Trustee to the Servicer) in the name of the Trustee or its nominee, on behalf of
the Certificateholders, or in the event the Trustee is not authorized or
permitted to hold title to real property in the state where the REO Property is
located, or would be adversely affected under the "doing business" or tax laws
of such state by so holding title, the deed or certificate of sale shall be
taken in the name of such Person or Persons as shall be consistent with an
Opinion of Counsel obtained by the Servicer from an attorney duly licensed to
practice law in the state where the REO Property is located. Any Person or
Persons holding such title other than the Trustee shall acknowledge in writing
that such title is being held as nominee for the benefit of the Trustee.

          (b)  In the event that the Trust Fund acquires any REO Property as
aforesaid or otherwise in connection with a default or imminent default on a
Mortgage Loan, the Servicer shall dispose of such REO Property before the end of
the third taxable year beginning after the year of its acquisition by the Trust
Fund for purposes of Section 860G(a)(8) of the Code unless the Servicer has
received a grant of extension from the Internal Revenue Service of the
above-mentioned grace period such that the holding by the Trust Fund of such REO
Property

                                      -78-
<PAGE>

subsequent to such period will not: (i) result in the imposition of any tax on
"prohibited transactions" as defined in Section 860F of the Code; (ii) cause any
REO Property to fail to qualify as "foreclosure property" within the meaning of
Section 860G(a)(8) of the Code; or (iii) cause any REMIC constituting any part
of the Trust Fund to fail to qualify as a REMIC at any time that any
Certificates are outstanding, in which case the Trust Fund may continue to hold
such REO Property.

          Subject to compliance with applicable laws and regulations as shall at
any time be in force, and notwithstanding any other provisions of this
Agreement, no REO Property acquired by the Trust Fund shall be rented (or
allowed to continue to be rented) or otherwise used by or on behalf of the Trust
Fund in such a manner or pursuant to any terms that would: (i) cause such REO
Property to fail to qualify as "foreclosure property" within the meaning of
Section 860G(a)(8) of the Code; or (ii) subject any REMIC constituting part of
the Trust Fund to the imposition of any federal or state income taxes on the
income earned from such REO Property, including any taxes imposed by reason of
Sections 860F or 860G(c) of the Code, unless the Servicer has agreed to
indemnify and hold harmless the Trust Fund with respect to the imposition of any
such taxes.

          The Servicer shall manage, conserve, protect and operate each REO
Property for the Certificateholders and the Trust Fund solely for the purpose of
its prompt disposition and sale in a manner which does not cause such REO
Property to fail to qualify as "foreclosure property" within the meaning of
Section 860G(a)(8) of the Code or result in the receipt by the related REMIC of
any "income from non-permitted assets" within the meaning of Section
860F(a)(2)(B) of the Code, or any "net income from foreclosure property" which
is subject to taxation under the REMIC Provisions. The Servicer shall cause each
REO Property to be inspected promptly upon the acquisition of title thereto and
shall cause each REO Property to be inspected at least annually thereafter. The
Servicer shall make or cause to be made a written or electronic report of each
such inspection. Such reports shall be retained in the Mortgage File and copies
thereof shall be forwarded by the Servicer to the Trustee upon request. The
Servicer shall attempt to sell the same (and may temporarily rent the same) on
such terms and conditions as the Servicer deems to be in the best interest of
the Certificateholders and the Trust Fund.

          With respect to each REO Property, the Servicer shall account
separately for each REO Property with respect to all funds collected and
received in connection with the operation of such REO Property.

          The income earned from the management of any REO Properties, net of
reimbursement to the Servicer for expenses incurred (including any property or
other taxes) in connection with such management and net of unreimbursed
Servicing Fees, Advances and Servicing Advances related thereto, shall be
applied to the payment of principal of and interest on the related defaulted
Mortgage Loans (with interest accruing as though such Mortgage Loans were still
current) and all such income shall be deemed, for all purposes in this
Agreement, to be payments on account of principal and interest on the related
Mortgage Notes and shall be deposited into the Trust Collection Account. To the
extent the net income received during any calendar month is in excess of the
amount on a daily basis, within two Business Days of receipt attributable to
amortizing principal and accrued interest at the related Mortgage Rate on the

                                      -79-
<PAGE>

related Mortgage Loan for such calendar month, such excess shall be considered
to be a partial prepayment of principal of the related Mortgage Loan.

          The proceeds from any liquidation of a Mortgage Loan, as well as any
income from an REO Property, will be applied in the following order of priority:
first, to reimburse the Servicer for any related unreimbursed Servicing Advances
and Servicing Fees; second, to reimburse the Servicer for any related
unreimbursed Advances; third, to reimburse the Certificate Account for any
Nonrecoverable Advances (or portions thereof) that were previously withdrawn by
the Servicer pursuant to Section 3.05(a)(ii)(b) and 3.05(a)(iii)(c) that related
to such Mortgage Loan; fourth, to accrued and unpaid interest (to the extent no
Advance has been made for such amount or any such Advance has been reimbursed)
on the Mortgage Loan or related REO Property, at the Mortgage Rate (net of the
Servicing Fee) to the Due Date occurring in the month in which such amounts are
required to be distributed; and fifth, as a recovery of principal of the
Mortgage Loan.

          The Servicer shall furnish to the Trustee, on each Servicer Remittance
Date, an operating statement for each REO Property covering the operation of
each REO Property for the previous month. Such operating statement shall be
accompanied by such other information as the Trustee shall reasonably request.

          The Servicer shall use its best efforts to dispose of the REO Property
as promptly as is practically consistent with protecting the Certificateholders'
interests.

          Each REO Disposition shall be carried out by the Servicer at such
price and upon such terms and conditions as the Servicer deems to be in the best
interest of the Certificateholders. If as of the date title to any REO Property
was acquired by the Servicer there were outstanding unreimbursed Servicing
Advances, Servicing Fees and Advances with respect to the REO Property, the
Servicer, upon an REO Disposition of such REO Property, shall be entitled to
reimbursement for any related unreimbursed Servicing Advances, Servicing Fees
and Advances from proceeds received in connection with such REO Disposition. The
proceeds from the REO Disposition, net of any payment to the Servicer as
provided above, shall be deposited in the Trust Collection Account for transfer
to the Distribution Account on the succeeding Servicer Remittance Date in
accordance with Section 3.04(a)(vi).

          Any REO Disposition shall be for cash only (unless changes in the
REMIC Provisions made subsequent to the Startup Day allow a sale for other
consideration and an Opinion of Counsel is obtained by the Servicer to the
effect that such sale shall not cause any REMIC constituting part of the Trust
Fund to fail to qualify as a REMIC).

          Section 3.14   Due-on-Sale Clauses; Assumption and Substitution
Agreements.

          When a Mortgaged Property has been or is about to be conveyed by the
Mortgagor, the Servicer shall, to the extent it has knowledge of such conveyance
or prospective conveyance, exercise its rights to accelerate the maturity of the
related Mortgage Loan under any "due-on-sale" clause contained in the related
Mortgage or Mortgage Note; provided, however, that the Servicer shall not
exercise any such right if the "due-on-sale" clause, in the reasonable belief of
the Servicer, is not enforceable under applicable law. An Opinion of Counsel of
the

                                      -80-
<PAGE>

Servicer (the costs of which shall constitute a reimbursable Servicing Advance)
delivered to the Trustee, the Depositor and the NIMS Insurer shall conclusively
establish the reasonableness of the Servicer's belief that any "due-on-sale"
clause is not enforceable under applicable law. In such event, the Servicer
shall make reasonable efforts to enter into an assumption and modification
agreement with the Person to whom such property has been or is about to be
conveyed, pursuant to which such Person becomes liable under the Mortgage Note
and, unless prohibited by applicable law or the Mortgage, the Mortgagor remains
liable thereon. If the foregoing is not permitted under applicable law, the
Servicer is authorized to enter into a substitution of liability agreement with
such Person, pursuant to which the original Mortgagor is released from liability
and such Person is substituted as Mortgagor and becomes liable under the Note;
provided that no such substitution will be permitted unless such person
satisfies the underwriting criteria of the Servicer and has a credit score at
least equal to that of the original Mortgagor. The Mortgage Loan, as assumed,
shall conform in all respects to the requirements, representations and
warranties of this Agreement. The Servicer shall not take or enter into any
assumption and modification agreement, however, unless (to the extent
practicable under the circumstances) it shall have received confirmation, in
writing, of the continued effectiveness of any applicable hazard insurance
policy. The Servicer shall notify the Trustee that any such assumption or
substitution agreement has been completed by forwarding to the Trustee the
original copy of such assumption or substitution agreement (indicating the
Mortgage File to which it relates) which copy shall be added by the Trustee to
the related Mortgage File and which shall, for all purposes, be considered a
part of such Mortgage File to the same extent as all other documents and
instruments constituting a part thereof. The Servicer shall be responsible for
recording any such assumption or substitution agreements. In connection with any
such assumption or substitution agreement, the Monthly Payment on the related
Mortgage Loan shall not be changed but shall remain as in effect immediately
prior to the assumption or substitution, the stated maturity or outstanding
principal amount of such Mortgage Loan shall not be changed nor shall any
required monthly payments of principal or interest be deferred or forgiven. Any
fee collected by the Servicer for consenting to any such conveyance or entering
into an assumption or substitution agreement shall be retained by or paid to the
Servicer as additional servicing compensation.

          Notwithstanding the foregoing paragraph or any other provision of this
Agreement, the Servicer shall not be deemed to be in default, breach or any
other violation of its obligations hereunder by reason of any assumption of a
Mortgage Loan by operation of law or any assumption which the Servicer may be
restricted by law from preventing, for any reason whatsoever. For purposes of
this Section 3.14, the term "assumption" is deemed to include a sale of the
Mortgaged Property subject to the Mortgage that is not accompanied by an
assumption or substitution of liability agreement.

          Section 3.15   Notification of Adjustments.

          On each Adjustment Date, the Servicer shall make Mortgage Interest
Rate adjustments for each Adjustable-Rate Mortgage Loan in compliance with the
requirements of the related Mortgage and Mortgage Note and Applicable
Regulations. The Servicer shall execute and deliver the notices required by each
Mortgage and Mortgage Note and Applicable Regulations regarding Mortgage
Interest Rate adjustments. Upon the discovery by the Servicer or the Trustee
that the Servicer has failed to adjust or has incorrectly adjusted a Mortgage

                                      -81-
<PAGE>

Interest Rate or a Monthly Payment pursuant to the terms of the related Mortgage
Note and Mortgage, the Servicer shall deliver to the Trustee for deposit in the
Distribution Account from its own funds the amount of any interest loss caused
thereby without reimbursement therefor; provided, however, the Servicer shall be
held harmless with respect to any Mortgage Interest Rate adjustments made by any
servicer prior to the Servicer.

          Section 3.16   Optional Purchases of Mortgage Loans by Servicer.

          The Servicer may, at its option, or, shall, at the direction of the
NIMS Insurer (which shall be at the expense of the NIMS Insurer), purchase a
Mortgage Loan or REO Property which becomes 90 or more days Delinquent or for
which the Servicer has accepted a deed in lieu of foreclosure. Prior to purchase
pursuant to this Section 3.16, the Servicer shall be required to continue to
make Advances pursuant to Section 4.07. The Servicer shall not use any procedure
in selecting Mortgage Loans to be purchased which is materially adverse to the
interests of the Certificateholders. The Servicer shall purchase such Delinquent
Mortgage Loan or REO Property at a price equal to the Purchase Price. The
Servicer will not be entitled to any Servicing Fee with respect to any such
purchased Mortgage Loan. Any such purchase of a Mortgage Loan or REO Property
pursuant to this Section 3.16 shall be accomplished by delivery to the Trustee
for deposit in the Distribution Account of the amount of the Purchase Price. The
Trustee shall immediately effectuate the conveyance of such delinquent Mortgage
Loan or REO Property to the Servicer to the extent necessary, including the
prompt delivery of all documentation to the Servicer.

          Section 3.17   Trustee to Cooperate; Release of Files.

          (a)  Upon the payment in full of any Mortgage Loan (including any
liquidation of such Mortgage Loan through foreclosure or otherwise, or the
receipt by the Servicer of a notification that payment in full will be escrowed
in a manner customary for such purposes), the Servicer shall deliver to the
Trustee, in written form (with two executed copies) or electronic form, of a
completed "Request for Release" in the form of Exhibit E. Upon receipt of such
Request for Release of Documents, the Trustee shall promptly release the related
Mortgage File within three (3) Business Days via overnight mail delivery (at the
expense of the Servicer), in trust, to (i) the Servicer, or (ii) such other
party identified in the related Request for Release. Upon any such payment in
full, or the receipt of such notification that such funds have been placed in
escrow, the Trustee hereby authorizes and empowers the Servicer to execute an
instrument of satisfaction (or Assignment without recourse) regarding the
Mortgaged Property relating to such Mortgage, which instrument of satisfaction
or Assignment shall be delivered to the Person or Persons entitled thereto
against receipt therefor of payment in full, it being understood and agreed that
no expense incurred in connection with such instrument of satisfaction or
assignment, as the case may be, shall be chargeable to the Collection Accounts.
In lieu of executing any such satisfaction or assignment, as the case may be,
the Servicer may prepare and submit to the Trustee a satisfaction (or assignment
without recourse, if requested by the Person or Persons entitled thereto) in
form for execution by the Trustee with all requisite information completed by
the Servicer; in such event, the Trustee shall execute and acknowledge such
satisfaction or assignment, as the case may be, and deliver the same with the
related Mortgage File, as aforesaid.

                                      -82-
<PAGE>

          (b)  From time to time and as appropriate in the servicing of any
Mortgage Loan, including, without limitation, foreclosure or other comparable
conversion of a Mortgage Loan or collection under any insurance policy relating
to a Mortgage Loan, the Trustee shall (except in the case of the payment or
liquidation pursuant to which the related Mortgage File is released to an escrow
agent or an employee, agent or attorney of the Trustee), upon written request of
the Servicer and delivery to the Trustee, in written form (with two executed
copies) or electronic form, of a "Request for Release" in the form of Exhibit E
signed by a Servicing Officer, release the related Mortgage File to the Servicer
within three (3) Business Days and shall execute such documents as shall be
necessary to the prosecution of any such proceedings, including, without
limitation, an assignment without recourse of the related Mortgage to the
Servicer. Such receipt shall obligate the Servicer to return the Mortgage File
to the Trustee when the need therefor by the Servicer no longer exists unless
the Mortgage Loan shall be liquidated, in which case, upon receipt of a Request
for Release evidencing such liquidation, the receipt shall be released by the
Trustee to the Servicer.

          (c)  Subject to Section 3.01, the Servicer shall have the right to
accept applications of Mortgagors for consent to (i) partial releases of
Mortgages, (ii) alterations, (iii) removal, demolition or division of properties
subject to Mortgages, (iv) modifications, and (v) second mortgage subordination
agreements. No application for approval shall be considered by the Servicer
unless: (w) it has received an Opinion of Counsel, addressed to the Trustee
(which opinion shall not be an expense of the Trustee or the Trust Fund) that
such sale, disposition, substitution, acquisition or contribution will not
affect adversely the status of any REMIC constituting part of the Trust Fund as
a REMIC or cause any REMIC constituting part of the Trust Fund to be subject to
a tax on "prohibited transactions" or "contributions" pursuant to the REMIC
Provisions; (x) the provisions of the related Note and Mortgage have been
complied with; (y) the Loan-to-Value Ratio and debt-to-income ratio after any
release does not exceed the maximum Loan-to-Value Ratio and debt-to-income ratio
established in accordance with the underwriting standards of the Mortgage Loans;
and (z) the lien priority of the related Mortgage is not affected. Upon receipt
by the Trustee of a Servicing Officer's certificate setting forth the action
proposed to be taken in respect of a particular Mortgage Loan and certifying
that the criteria set forth in the immediately preceding sentence have been
satisfied, the Trustee shall execute and deliver to the Servicer the consent or
partial release so requested by the Servicer. A proposed form of consent or
partial release, as the case may be, shall accompany any Servicing Officer's
certificate delivered by the Servicer pursuant to this paragraph.

          Section 3.18   Servicing Compensation.

          As compensation for its activities hereunder, the Servicer shall be
entitled to retain the amount of the Servicing Fee with respect to each Mortgage
Loan (including REO Properties). The Servicer shall be entitled to retain
additional servicing compensation in the form of release fees, bad check
charges, assumption fees, modification or extension fees, late payment charges,
prepayment charges that are not Prepayment Charges, Originator Prepayment Charge
Payment Amounts or Servicer Prepayment Charge Payment Amounts, or any other
service-related fees and similar items, to the extent collected from Mortgagors.

          The Servicer shall be required to pay all expenses incurred by it in
connection with its servicing activities hereunder (including payment of
premiums for any blanket policy

                                      -83-
<PAGE>

insuring against hazard losses pursuant to Section 3.11 and the fees and
expenses of independent accountants and any agents appointed by the Servicer),
and shall not be entitled to reimbursement therefor from the Trust Fund except
as specifically provided in Section 3.05(a).

          Section 3.19   Annual Statement as to Compliance.

          (a)  Beginning in 2005, the Servicer, at its own expense, will deliver
to the Trustee, the NIMS Insurer and the Depositor, not later than March 15th of
each calendar year, a Servicing Officer's certificate stating, as to each signer
thereof, that (i) a review of the activities of the Servicer during such
preceding fiscal year and of performance under this Agreement has been made
under such officers' supervision, and (ii) to the best of such officers'
knowledge, based on such review, the Servicer has fulfilled all its obligations
under this Agreement for such year, or, if there has been a default in the
fulfillment of all such obligations, specifying each such default known to such
officers and the nature and status thereof including the steps being taken by
the Servicer to remedy such default.

          (b)  Delivery of such reports, information and documents to the
Trustee is for informational purposes only and their receipt of such shall not
constitute constructive notice of any information contained therein or
determinable, from information contained therein, including the Servicer's
compliance with any of its covenants hereunder (as to which the Trustee is
entitled to rely exclusively on Officers' Certificates).

          Section 3.20   Annual Independent Certified Public Accountants'
Reports.

          (a)  Beginning in 2005, not later than March 15th of each calendar
year, the Servicer, at its expense, shall cause a nationally recognized firm of
independent certified public accountants to furnish to the Trustee, the
Depositor, the NIMS Insurer and each Rating Agency, a report stating that (i) it
has obtained a letter of representation regarding certain matters from the
management of the Servicer which includes an assertion that the Servicer has
complied with certain minimum residential mortgage loan servicing standards,
identified in either the Uniform Single Attestation Program for Mortgage Bankers
established by the Mortgage Bankers Association of America or the Audit Program
for Mortgages serviced by Freddie Mac, with respect to the servicing of
residential mortgage loans during the most recently completed fiscal year and
(ii) on the basis of an examination conducted by such firm in accordance with
standards established by the American Institute of Certified Public Accountants,
such representation is fairly stated in all material respects, subject to such
exceptions and other qualifications that may be appropriate. Copies of such
statement shall be provided by the Trustee to any Certificateholder upon
request, at the Servicer's expense, provided that such statement is delivered by
the Servicer to the Trustee.

          (b)  Delivery of such reports, information and documents to the
Trustee is for informational purposes only and their receipt of such shall not
constitute constructive notice of any information contained therein or
determinable from information contained therein, including the Servicer's
compliance with any of its covenants hereunder (as to which the Trustee is
entitled to rely exclusively on Officers' Certificates).

                                      -84-
<PAGE>

          Section 3.21   Access to Certain Documentation and Information
Regarding the Mortgage Loans.

          (a)  The Servicer shall provide to the Depositor, the Trustee,
Certificateholders that are federally insured savings and loan associations, the
Office of Thrift Supervision, the Office of the Comptroller of the Currency, the
FDIC and the supervisory agents and examiners of each of the foregoing (which,
in the case of supervisory agents and examiners, may be required by applicable
state and federal regulations) access to the available documentation regarding
the Mortgage Loans, such access being afforded without charge but only upon
reasonable advance request and during normal business hours at the offices of
the Servicer designated by it.

          (b)  The Servicer shall afford the NIMS Insurer, upon reasonable
advance notice, during normal business hours, access to all records maintained
by the Servicer in respect of its rights and obligations hereunder and access to
officers of the Servicer responsible for such obligations. Upon request, the
Servicer shall furnish to the NIMS Insurer its most recent publicly available
financial statements and such other information relating to its capacity to
perform its obligations under this Agreement.

          Section 3.22   Duties of Credit Risk Manager.

          For and on behalf of the Depositor, the Credit Risk Manager shall
provide reports and recommendations as to loss mitigation activities concerning
Mortgage Loans that are past due, are in default, as to which there has been
commencement of foreclosure, as to which there has been forbearance in exercise
of remedies, as to which any obligor is the subject of bankruptcy, receivership,
or an arrangement of creditors, or which have become REO Properties. Such
reports and recommendations will be based upon information provided pursuant to
the Credit Risk Management Agreement. The Credit Risk Manager shall look solely
to the Servicer for all information and data (including loss and delinquency
information and data) and loan-level information and data relating to the
servicing of the Mortgage Loans. The Trustee, on behalf of the Trust, hereby
authorizes the Servicer to provide such loan-level information and data to the
Credit Risk Manager.

          The Credit Risk Manager may be removed at any time by a vote of
Certificateholders holding Certificates evidencing at least 66 2/3% of the
aggregate Voting Rights of the Certificates. After any such termination, the
Credit Risk Manager shall have no further obligations hereunder, and shall no
longer be entitled to the Credit Risk Manager Fee.

          Section 3.23   Obligations of the Servicer in Respect of Compensating
Interest.

          Not later than the close of business on each Servicer Remittance Date,
the Servicer shall deliver to the Trustee for deposit in the Distribution
Account an amount ("Compensating Interest") equal to the lesser of (A) the
aggregate of the Prepayment Interest Shortfalls on the Mortgage Loans for the
related Distribution Date resulting from Principal Prepayments on the Mortgage
Loans during the related Prepayment Period and (B) its aggregate Servicing Fee
received in the related Collection Period. The Servicer shall apply Compensating
Interest to offset any Prepayment Interest Shortfalls on the Mortgage Loans. The
Servicer shall

                                      -85-
<PAGE>

not have the right to reimbursement for any amounts remitted to the Trustee in
respect of Compensating Interest. Such amounts so remitted shall be included in
the Available Funds and distributed therewith on the next Distribution Date. The
Servicer shall not be obligated to pay Compensating Interest with respect to
Relief Act Interest Shortfalls.

          Section 3.24   Obligations of the Servicer in Respect of Mortgage
Interest Rates and Monthly Payments.

          In the event that a shortfall in any collection on or liability with
respect to any Mortgage Loan results from or is attributable to adjustments to
Mortgage Interest Rates, Monthly Payments or Principal Balances that were made
by the Servicer in a manner not consistent with the terms of the related
Mortgage Note, Applicable Regulations and this Agreement, the Servicer, upon
discovery or receipt of notice thereof, immediately shall deliver to the Trustee
for deposit in the Distribution Account from its own funds the amount of any
such shortfall and shall indemnify and hold harmless the Trust Fund, the
Trustee, the Depositor and any successor servicer in respect of any such
liability. Such indemnities shall survive the termination or discharge of this
Agreement. Notwithstanding the foregoing, this Section 3.24 shall not limit the
ability of the Servicer to seek recovery of any such amounts from the related
Mortgagor under the terms of the related Mortgage Note, as permitted by law.

          Section 3.25   Investment of Funds in the Collection Accounts.

          (a)     The Servicer may direct any depository institution maintaining
one or more Collection Accounts, to invest the funds in such Collection Account
in one or more Eligible Investments bearing interest or sold at a discount, and
maturing, unless payable on demand, (i) no later than the Business Day
immediately preceding the date on which such funds are required to be withdrawn
from such account pursuant to this Agreement, if a Person other than the Trustee
is the obligor thereon, and (ii) no later than the date on which such funds are
required to be withdrawn from such account pursuant to this Agreement, if the
Trustee is the obligor thereon or if such investment is managed or advised by
the Trustee or an Affiliate of the Trustee. All such Eligible Investments shall
be held to maturity, unless payable on demand. Any investment of funds in a
Collection Account shall be made in the name of the Trustee or the Servicer, as
applicable (in its capacity as such) or in the name of a nominee of the Trustee.
The Trustee shall be entitled to sole possession (except with respect to
investment direction of funds held in the Collection Accounts) over each such
investment and the income thereon, and any certificate or other instrument
evidencing any such investment shall be delivered directly to the Trustee or its
agent, together with any document of transfer necessary to transfer title to
such investment to the Trustee or its nominee. In the event amounts on deposit
in a Collection Account are at any time invested in an Eligible Investment
payable on demand, the Trustee shall at the direction of the Servicer:

                  (x)  consistent with any notice required to be given
                       thereunder, demand that payment thereon be made on the
                       last day such Eligible Investment may otherwise mature
                       hereunder in an amount equal to the lesser of (1) all
                       amounts then payable thereunder and (2) the amount
                       required to be withdrawn on such date; and

                                      -86-
<PAGE>

                  (y)  demand payment of all amounts due thereunder promptly
                       upon determination by a Responsible Officer of the
                       Trustee that such Eligible Investment would not
                       constitute an Eligible Investment in respect of funds
                       thereafter on deposit in such Collection Account.

          (b)     All income and gain realized from the investment of funds in
the Collection Accounts shall be for the benefit of the Servicer. The Servicer
shall deposit in the applicable Collection Account or (to the extent funds in
the Escrow Account are invested if permitted by applicable law) the Escrow
Account, as applicable, from its own funds the amount of any loss incurred in
respect of any such Eligible Investment made with funds in such account
immediately upon realization of such loss. Funds in the Distribution Account
shall remain uninvested.

          (c)     Except as otherwise expressly provided in this Agreement, if
any default occurs in the making of a payment due under any Eligible Investment,
or if a default occurs in any other performance required under any Eligible
Investment, the Trustee may and, subject to Section 8.01 and Section 8.02(e),
upon the request of the NIMS Insurer or Holders of Certificates representing
more than 50% of the Voting Rights allocated to any Class of Certificates, shall
take such action as may be appropriate to enforce such payment or performance,
including the institution and prosecution of appropriate proceedings.

          Section 3.26   Liability of Servicer; Indemnification.

          Subject to Section 6.03, the Servicer (except the Trustee if it is
required to succeed the Servicer hereunder) indemnifies and holds the Trustee,
the Depositor, the NIMS Insurer and the Trust Fund harmless against any and all
claims, losses, penalties, fines, forfeitures, reasonable legal fees and related
costs, judgments, and any other costs, fees and expenses that the Trustee, the
Depositor, the NIMS Insurer and the Trust Fund may sustain in any way related to
the failure of the Servicer to perform its duties and service the Mortgage Loans
in compliance with the Servicing Standard. The Servicer shall immediately notify
the Trustee, the NIMS Insurer and the Depositor if a claim is made that may
result in such claims, losses, penalties, fines, forfeitures, legal fees or
related costs, judgments, or any other costs, fees and expenses, and the
Servicer shall assume (with the consent of the Trustee) the defense of any such
claim and pay all expenses in connection therewith, including reasonable counsel
fees, and promptly pay, discharge and satisfy any judgment or decree which may
be entered against the Servicer, the Trustee, the Depositor, the NIMS Insurer
and/or the Trust Fund in respect of such claim. The provisions of this Section
3.26 shall survive the termination of this Agreement and the payment of the
outstanding Certificates.

          Section 3.27   Reports of Foreclosure and Abandonment of Mortgaged
Properties.

          Beginning in 2005, the Servicer shall file the reports of foreclosure
and abandonment of any Mortgaged Property required by Section 6050J of the Code
with the Internal Revenue Service on or before the due date for any such report.
Not later than 90 days following the end of each calendar year, beginning in
2005, the Servicer will deliver an Officer's Certificate to the Trustee and the
NIMS Insurer certifying its compliance with this Section 3.27.

                                      -87-
<PAGE>

The reports from the Servicer shall be in form and substance sufficient to meet
the reporting requirements imposed by such Section 6050J.

          Section 3.28   Protection of Assets.

          (a)     Except for transactions and activities entered into in
connection with the securitization that is the subject of this Agreement, the
Trust is not authorized and has no power to:

          (1)     borrow money or issue debt;

          (2)     merge with another entity, reorganize, liquidate or sell
                  assets; or

          (3)     engage in any business or activities.

          (b)     Notwithstanding any prior termination of this Agreement, each
party hereto agrees that, until after one year and one day following the payment
in full of the last of the Certificates issued hereunder, it shall not
acquiesce, petition or otherwise invoke or cause the Depositor or the Trust to
invoke the process of any court or government authority for the purpose of
commencing or sustaining a case against the Depositor or the Trust under any
federal or state bankruptcy, insolvency or similar law, or appointing a
receiver, liquidator, assignee, trustee, custodian, sequestrator or other
similar official of the Depositor or the Trust or any substantial part of the
property of either, or ordering the winding up or liquidation of the affairs of
the Depositor or the Trust.

          Section 3.29   Limitation of Liability of the Credit Risk Manager.

          Neither the Credit Risk Manager, nor any of the directors, officers,
employees or agents of the Credit Risk Manager, shall be under any liability to
the Depositor, the Servicer, the Trustee or the Certificateholders for any
action taken or for refraining from the taking of any action in good faith
pursuant to this Agreement, in reliance upon information provided by the
Servicer under the Credit Risk Management Agreement or for errors in judgment;
provided, however, that this provision shall not protect the Credit Risk Manager
or any such person against liability that would otherwise be imposed by reason
of willful malfeasance, bad faith or negligence in its performance of its duties
or by reason of reckless disregard for its obligations and duties under this
Agreement or the applicable Credit Risk Management Agreement. The Credit Risk
Manager and any director, officer, employee or agent of the Credit Risk Manager
may rely in good faith on any document of any kind prima facie properly executed
and submitted by any Person respecting any matters arising hereunder, and may
rely in good faith upon the accuracy of information furnished by the Servicer
pursuant to the applicable Credit Risk Management Agreement in the performance
of its duties thereunder and hereunder.

          Section 3.30   No Personal Solicitation.

          From and after the Closing Date, the Servicer agrees that it will not
take any action or permit or cause any action to be taken by any of its agents
and Affiliates, or by any independent contractors or independent mortgage
brokerage companies on the Servicer's behalf, to personally, by telephone, mail
or electronic mail, solicit the Mortgagor under any Mortgage

                                      -88-
<PAGE>

Loan for the purpose of refinancing such Mortgage Loan or make the list of names
and addresses of the Mortgagors available to any third party for any
solicitation purpose; provided, that the Servicer may solicit any Mortgagor for
whom the Servicer has received a request for verification of mortgage, a request
for demand for payoff, a mortgagor initiated written or verbal communication
indicating a desire to prepay the related Mortgage Loan, or the mortgagor
initiates a title search; provided further, it is understood and agreed that
promotions undertaken by the Servicer or any of its Affiliates which (i) concern
optional insurance products or other additional products or (ii) are directed to
the general public at large, including, without limitation, mass mailings based
on commercially acquired mailing lists, newspaper, radio and television
advertisements shall not constitute solicitation under this Section, nor is the
Servicer prohibited from responding to unsolicited requests or inquiries made by
a Mortgagor or an agent of a Mortgagor. Furthermore, the Servicer shall be
permitted to include messages to all borrowers under all mortgage loans serviced
by it in its monthly statements.

          Section 3.31   Periodic Filings.

          (a)  The Trustee and the Servicer shall reasonably cooperate with the
Depositor in connection with the Trust's satisfying its reporting requirements
under the Exchange Act. Without limiting the generality of the foregoing, the
Trustee shall prepare, or cause to be prepared, on behalf of the Trust any
monthly Current Reports on Form 8-K (each, a "Monthly Form 8-K") and Annual
Reports on Form 10-K (each, a "Form 10-K") customary for similar securities as
required by the Exchange Act and the rules and regulations of the Securities and
Exchange Commission thereunder, and the Trustee shall sign (other than any Form
10-K) and file (via the Securities and Exchange Commission's Electronic Data
Gathering and Retrieval System) such Forms on behalf of the Trust. The Depositor
hereby grants to the Trustee a limited power of attorney to execute and file
each such document on behalf of the Depositor. Such power of attorney shall
continue until either the earlier of (i) receipt by the Trustee from the
Depositor of written termination of such power of attorney and (ii) the
termination of the Trust. Notwithstanding the foregoing, the Depositor shall
sign any Form 10-K with respect to which the Depositor signs a Certification.

          (b)  Each Monthly Form 8-K shall be filed by the Trustee within 15
days after each Distribution Date, including a copy of the Distribution Date
Statement for such Distribution Date as an exhibit thereto. Prior to March 30th
of each year (or such earlier date as may be required by the Exchange Act and
the rules and regulations of the Securities and Exchange Commission), the
Trustee shall file a Form 10-K, in substance as required by applicable law or
applicable Securities and Exchange Commission staff interpretations. Such Form
10-K shall include as exhibits the Servicer's annual statement of compliance
described under Section 3.19 and the accountant's report described under Section
3.20, in each case, to the extent they have been timely delivered to the
Trustee. If they are not so timely delivered, the Trustee shall file an amended
Form 10-K (to the extent permissible) including such documents as exhibits
reasonably promptly after they are delivered to the Trustee. The Trustee shall
have no liability with respect to any failure to properly prepare or file such
periodic reports resulting from or relating to the Trustee's inability or
failure to obtain any information not resulting from its own negligence, willful
misconduct or bad faith. The Form 10-K shall also include a certification in the
form attached hereto as Exhibit O (the "Certification"), which shall be signed
by a senior officer of the Depositor in charge of securitization. The Depositor
shall deliver the Certification to the Trustee

                                      -89-
<PAGE>

prior to March 15th of each year in which a Form 10-K is required to be filed
with respect to the Trust. The Trustee, the Depositor and the Servicer shall
reasonably cooperate to enable the Securities and Exchange Commission
requirements with respect to the Trust to be met in the event that the
Securities and Exchange Commission issues additional interpretive guidelines or
promulgates rules or regulations, or in the event of any other change of law
that would require reporting arrangements or the allocation of responsibilities
with respect thereto, as described in this Section 3.31, to be conducted or
allocated in a different manner.

          (c)  Not later than 15 calendar days prior to the latest date on which
the Form 10-K may be timely filed each year, (i) the Trustee shall sign and
deliver to the Depositor a certification (in the form attached hereto as Exhibit
P-1) for the benefit of the Depositor and its officers, directors and Affiliates
(provided, however, that the Trustee shall not undertake an analysis of the
accountant's report attached as an exhibit to the Form 10-K) and (ii) the
Servicer shall sign and deliver to the Depositor a certification (in the form
attached hereto as Exhibit P-2) for the benefit of the Depositor and its
officers, directors and Affiliates. In addition, (i) the Trustee shall also
indemnify and hold harmless the Depositor, each Person, if any, who "controls"
the Depositor within the meaning of the 1933 Act, and its officers, directors
and Affiliates from and against any losses, damages, penalties, fines,
forfeitures, reasonable and necessary legal fees and related costs, judgments
and other costs and expenses arising out of or based upon any inaccuracy in the
certification provided by the Trustee pursuant to this Section 3.31(c), any
breach of the Trustee's obligations under this Section 3.31(c) or the Trustee's
negligence, bad faith or willful misconduct in connection therewith and (ii) the
Servicer shall indemnify and hold harmless the Depositor, each Person, if any,
who "controls" the Depositor within the meaning of the 1933 Act, and its
officers, directors and Affiliates from and against any losses, damages,
penalties, fines, forfeitures, reasonable and necessary legal fees and related
costs, judgments and other costs and expenses arising out of or based upon any
inaccuracy in the certification provided by the Servicer pursuant to this
Section 3.31(c), any breach of the Servicer's obligations under this Section
3.31(c) or the Servicer's negligence, bad faith or willful misconduct in
connection therewith. If the indemnification provided for herein is unavailable
or insufficient to hold harmless the Depositor, each Person, if any, who
"controls" the Depositor within the meaning of the 1933 Act, and its officers,
directors and Affiliates, then (i) the Trustee agrees that it shall contribute
to the amount paid or payable by the Depositor, its officers, directors or
Affiliates as a result of the losses, claims, damages or liabilities of the
Depositor, its officers, directors or Affiliates in such proportion as is
appropriate to reflect the relative fault of the Depositor and its officers,
directors and Affiliates on the one hand and the Trustee on the other in
connection with a breach of the Trustee's obligations under this Section 3.31(c)
or the Trustee's negligence, bad faith or willful misconduct in connection
therewith and (ii) the Servicer agrees that it shall contribute to the amount
paid or payable by the Depositor, its officers, directors or Affiliates as a
result of the losses, claims, damages or liabilities of the Depositor, its
officers, directors or Affiliates in such proportion as is appropriate to
reflect the relative fault of the Depositor and its officers, directors and
Affiliates on the one hand and the Servicer on the other in connection with a
breach of the Servicer's obligations under this Section 3.31(c) or the
Servicer's negligence, bad faith or willful misconduct in connection therewith.
The Servicer hereby acknowledges and agrees that the Depositor and the Trustee
are relying on the Servicer's performance of its obligations under Sections 3.19
and 3.20 in order to perform their respective obligations under this Section
3.31.

                                      -90-
<PAGE>

          (d)     Upon any filing with the Securities and Exchange Commission,
the Trustee shall promptly deliver to the Depositor a copy of any such executed
report, statement or information.

          (e)     The obligations set forth in paragraphs (a) through (d) of
this Section shall only apply with respect to periods for which the Trustee is
obligated to file reports on Form 8-K or 10-K pursuant to paragraph (b) of this
Section. Prior to January 30th of the first year in which the Trustee is able to
do so, the Trustee shall prepare, execute and file with the Securities and
Exchange Commission a Form 15 Suspension Notification with respect to the Trust,
and thereafter there shall be no further obligations under paragraphs (a)
through (d) of this Section commencing with the calendar year in which the Form
15 is filed (other than the obligations to be performed in such calendar year
that relate back to the prior calendar year).

          (f)     If the Securities and Exchange Commission issues additional
interpretative guidance or promulgates additional rules or regulations, or if
other changes in applicable law occur, which would require the reporting
arrangements, or the allocation of responsibilities with respect thereto,
described in this Section 3.31, to be conducted differently than as described,
the Depositor, the Servicer and the Trustee will reasonably cooperate to amend
the provisions of this Section 3.31 in order to comply with such amended
reporting requirements and such amendment of this Section 3.31. Any such
amendment shall be made in accordance with Section 11.01 without the consent of
the Certificateholders, and may result in a change in the reports filed by the
Trustee on behalf of the Trust under the Exchange Act. Notwithstanding the
foregoing, none of the Depositor, the Servicer or the Trustee shall be obligated
to enter into any amendment pursuant to this Section 3.31 that adversely affects
its obligations and immunities under this Agreement.

          Section 3.32   Credit Reporting; Gramm-Leach-Bliley Act.

          (a)     With respect to each Mortgage Loan, the Servicer agrees to
fully furnish, in accordance with Fannie Mae Guide Announcement 95-19 and the
Fair Credit Reporting Act and its implementing regulations, accurate and
complete information (e.g., favorable and unfavorable) on its borrower credit
files to Equifax, Experian and TransUnion Credit Information Company (three of
the credit repositories) on a monthly basis and agrees it shall report one of
the following statuses each month as follows: new origination, current,
delinquent (30-, 60-, 90-days, etc.), foreclosed, or charged-off.

          (b)     The Servicer shall comply with Title V of the
Gramm-Leach-Bliley Act of 1999 and all applicable regulations promulgated
thereunder, relating to the Mortgage Loans and the related borrowers and shall
provide all required notices thereunder.

          Section 3.33   Policy; Claims Under the PMI Policy

          Notwithstanding anything to the contrary elsewhere in this Article
III, the Servicer shall not agree to any modification or assumption of a PMI
Mortgage Loan or take any other action with respect to a PMI Mortgage Loan that
could result in denial of coverage under the PMI Policy. The Servicer shall
notify the PMI Insurer that the Trustee, as trustee on behalf of the
Certificateholders, is the insured, as that term is defined in the PMI Policy,
of each PMI

                                      -91-
<PAGE>

Mortgage Loan. The Servicer shall, on behalf of the Trustee, prepare and file on
a timely basis with the PMI Insurer, with a copy to the Trustee, all claims
which may be made under the PMI Policy with respect to the PMI Mortgage Loans.
The Servicer shall take all actions required under the PMI Policy as a condition
to the payment of any such claim. Any amount received from the PMI Insurer with
respect to any such PMI Mortgage Loan shall be deposited by the Servicer, no
later than two Business Days following receipt thereof, into the Trust
Collection Account. On each Distribution Date, the Trustee shall pay to the PMI
Insurer the PMI Insurer Fee for such Distribution Date pursuant to Section 4.01,
from the amounts on deposit in the Distribution Account prior to making any
distributions to the Certificateholders.

                                   ARTICLE IV

                                  FLOW OF FUNDS

          Section 4.01   Interest Distributions.

          On each Distribution Date, the Trustee shall withdraw from the
Distribution Account the Interest Remittance Amount and apply it in the
following order of priority (based upon the Mortgage Loan information provided
to it in the Remittance Report, upon which the Trustee may conclusively rely),
and the calculations required to be made by the Trustee, to the extent
available:

          (i)     concurrently, to the PMI Insurer, the PMI Insurer Fee for such
     Distribution Date, and to the Credit Risk Manager, the Credit Risk Manager
     Fee for such Distribution Date, pro rata;

          (ii)    concurrently, to the Class A Certificates, pro rata, the
     Accrued Certificate Interest thereon for such Distribution Date;

          (iii)   concurrently, to the Class A Certificates, pro rata, the
     Interest Carry Forward Amount thereon for such Distribution Date;

          (iv)    to the Class M-1 Certificates, the Accrued Certificate
     Interest thereon for such Distribution Date;

          (v)     to the Class M-2 Certificates, the Accrued Certificate
     Interest thereon for such Distribution Date;

          (vi)    to the Class M-3 Certificates, the Accrued Certificate
     Interest thereon for such Distribution Date;

          (vii)   to the Class M-4 Certificates, the Accrued Certificate
     Interest thereon for such Distribution Date;

          (viii)  to the Class M-5 Certificates, the Accrued Certificate
     Interest thereon for such Distribution Date;

                                      -92-
<PAGE>

          (ix)    to the Class M-6 Certificates, the Accrued Certificate
     Interest thereon for such Distribution Date;

          (x)     concurrently, to the Class M-7A and Class M-7F Certificates,
     the Accrued Certificate Interest thereon for such Distribution Date; and

          (xi)    the amount, if any, of the Interest Remittance Amount
     remaining after application with respect to the priorities set forth above
     will be applied as described under Section 4.02(b) hereof.

     On any Distribution Date, any shortfalls resulting from Prepayment Interest
Shortfalls not covered by Compensating Interest payments made by the Servicer or
from the application of the Relief Act or similar state laws will be allocated
first to reduce the amounts otherwise distributable to the Class CE
Certificates, and thereafter as a reduction to the Accrued Certificate Interest
for the Class A and Class M Certificates on a PRO RATA basis based on the
respective amounts of interest accrued on those Certificates for that
Distribution Date. The holders of the Class A and Class M Certificates will not
be entitled to reimbursement on future Distribution Dates of any such Prepayment
Interest Shortfalls or Relief Act shortfalls following their allocation to such
Certificates.

          Section 4.02   Distributions of Principal and Monthly Excess Cashflow
Amounts.

          (a)     On each Distribution Date, the Trustee shall make the
following distributions in the following order of priority (based upon the
Mortgage Loan information provided to it in the Remittance Report and the
calculations required to be made by the Trustee), to the extent of the Principal
Distribution Amount:

          (i)     before the Stepdown Date or with respect to which a Trigger
     Event is in effect, sequentially, as follows:

                  first, to the Class A-1 Certificates, until the Certificate
     Principal Balance thereof has been reduced to zero;

                  second, to the Class A-2 Certificates, until the Certificate
     Principal Balance thereof has been reduced to zero;

                  third, to the Class A-3 Certificates, until the Certificate
     Principal Balance thereof has been reduced to zero;

                  fourth, to the Class M-1 Certificates, until the Certificate
     Principal Balance thereof has been reduced to zero;

                  fifth, to the Class M-2 Certificates, until the Certificate
     Principal Balance thereof has been reduced to zero;

                  sixth, to the Class M-3 Certificates, until the Certificate
     Principal Balance thereof has been reduced to zero;

                                      -93-
<PAGE>

                  seventh, to the Class M-4 Certificates, until the Certificate
     Principal Balance thereof has been reduced to zero;

                  eighth, to the Class M-5 Certificates, until the Certificate
     Principal Balance thereof has been reduced to zero;

                  ninth, to the Class M-6 Certificates, until the Certificate
     Principal Balance thereof has been reduced to zero;

                  tenth, concurrently, to the Class M-7A and Class M-7F
     Certificates, PRO RATA, until the Certificate Principal Balance thereof has
     been reduced to zero; and

                  eleventh, any remaining Principal Distribution Amount will be
     distributed as part of the Monthly Excess Cashflow Amount as set forth in
     Section 4.02(b).

          (ii)    on or after the Stepdown Date and as long as a Trigger Event
     is not in effect:

                  first, to the Class A-1 Certificates, up to the Senior
     Principal Distribution Amount, until the Certificate Principal Balance
     thereof has been reduced to zero;

                  second, to the Class A-2 Certificates, up to the Senior
     Principal Distribution Amount remaining after priority FIRST above, until
     the Certificate Principal Balance has been reduced to zero;

                  third, to the Class A-3 Certificates, up to the Senior
     Principal Distribution Amount remaining after priority FIRST and SECOND
     above, until the Certificate Principal Balance has been reduced to zero;

                  fourth, to the Class M-1 Certificates, up to the Class M-1
     Principal Distribution Amount, until the Certificate Principal Balance
     thereof has been reduced to zero;

                  fifth, to the Class M-2 Certificates, up to the Class M-2
     Principal Distribution Amount, until the Certificate Principal Balance
     thereof has been reduced to zero;

                  sixth, to the Class M-3 Certificates, up to the Class M-3
     Principal Distribution Amount, until the Certificate Principal Balance
     thereof has been reduced to zero;

                  seventh, to the Class M-4 Certificates, up to the Class M-4
     Principal Distribution Amount, until the Certificate Principal Balance
     thereof has been reduced to zero;

                  eighth, to the Class M-5 Certificates, up to the Class M-5
     Principal Distribution Amount, until the Certificate Principal Balance
     thereof has been reduced to zero;

                                      -94-
<PAGE>

                  ninth, to the Class M-6 Certificates, up to the Class M-6
     Principal Distribution Amount, until the Certificate Principal Balance
     thereof has been reduced to zero;

                  tenth, concurrently to the Class M-7A and Class M-7F
     Certificates, pro rata, up to the Class M-7 Principal Distribution Amount,
     until the Certificate Principal Balance thereof has been reduced to zero;
     and

                  eleventh, any remaining Principal Distribution Amount will be
     distributed as part of the Monthly Excess Cashflow Amount as set forth in
     Section 4.02(b).

          (b)     On each Distribution Date, any Monthly Excess Cashflow Amount
shall be distributed, to the extent available, in the following order of
priority on such Distribution Date:

          (i)     to pay any remaining Accrued Certificate Interest for such
     Distribution Date, PRO RATA, on the Class A Certificates;

          (ii)    to pay any Interest Carry Forward Amount for such Distribution
     Date, PRO RATA, for the Class A Certificates;

          (iii)   to pay any remaining unpaid Accrued Certificate Interest for
     such Distribution Date on the Class M-1 Certificates;

          (iv)    to pay the remaining Interest Carry Forward Amount, if any,
     for the Class M-1 Certificates for such Distribution Date;

          (v)     to pay the Class M-1 Realized Loss Amortization Amount for
     such Distribution Date;

          (vi)    to pay any remaining unpaid Accrued Certificate Interest for
     such Distribution Date on the Class M-2 Certificates;

          (vii)   to pay the remaining Interest Carry Forward Amount, if any,
     for the Class M-2 Certificates for such Distribution Date;

          (viii)  to pay the Class M-2 Realized Loss Amortization Amount for
     such Distribution Date;

          (ix)    to pay any remaining unpaid Accrued Certificate Interest for
     such Distribution Date on the Class M-3 Certificates;

          (x)     to pay the remaining Interest Carry Forward Amount, if any,
     for the Class M-3 Certificates for such Distribution Date;

          (xi)    to pay the Class M-3 Realized Loss Amortization Amount for
     such Distribution Date;

                                      -95-
<PAGE>

          (xii)   to pay any remaining unpaid Accrued Certificate Interest for
     such Distribution Date on the Class M-4 Certificates;

          (xiii)  to pay the remaining Interest Carry Forward Amount, if any,
     for the Class M-4 Certificates for such Distribution Date;

          (xiv)   to pay the Class M-4 Realized Loss Amortization Amount for
     such Distribution Date;

          (xv)    to pay any remaining unpaid Accrued Certificate Interest for
     such Distribution Date on the Class M-5 Certificates;

          (xvi)   to pay the remaining Interest Carry Forward Amount, if any,
     for the Class M-5 Certificates for such Distribution Date;

          (xvii)  to pay the Class M-5 Realized Loss Amortization Amount for
     such Distribution Date;

          (xviii) to pay any remaining unpaid Accrued Certificate Interest for
     such Distribution Date on the Class M-6 Certificates;

          (xix)   to pay the remaining Interest Carry Forward Amount, if any,
     for the Class M-6 Certificates for such Distribution Date; (xx) to pay the
     Class M-6 Realized Loss Amortization Amount for such Distribution Date;

          (xxi)   to pay any remaining unpaid Accrued Certificate Interest for
     such Distribution Date, pro rata, on the Class M-7A and Class M-7F
     Certificates;

          (xxii)  to pay the remaining Interest Carry Forward Amount, if any,
     pro rata, for the Class M-7A and Class M-7F Certificates for such
     Distribution Date;

          (xxiii) to pay the Class M-7 Realized Loss Amortization Amount for
     such Distribution Date, PRO RATA, for the Class M-7A and Class M-7F
     Certificates;

          (xxiv)  first, to the Class A-1, Class A-2 and Class A-3 Certificates,
     pro rata, and then sequentially, to the Class M-1, Class M-2, Class M-3,
     Class M-4, Class M-5 and Class M-6 Certificates, in that order, and then to
     the Class M-7A and Class M-7F Certificates, pro rata, any Cap Carryover
     Amount for each such Class; and

          (xxv)   to the Class CE Certificates, up to the Class CE Distributable
     Amount for such Distribution Date.

          On each Distribution Date, there shall be distributed to the Holder of
the Class R Certificate in respect of the Class R-1 Interest, any remaining
amount in the Distribution Account on such date after the application pursuant
to Sections 4.01, 4.02(a) and 4.02(b)(i)-(xxv).

                                      -96-
<PAGE>

          (c)  On each Distribution Date, the Trustee shall withdraw any amounts
then on deposit in the Distribution Account that represent Prepayment Charges
collected by the Servicer in connection with the Principal Prepayment in full of
any of the Mortgage Loans, any Originator Prepayment Charge Payment Amount or
Servicer Prepayment Charge Payment Amount and shall distribute such amounts to
the Holders of the Class P Certificates. Any such amounts in respect of
Originator Prepayment Charge Payment Amounts or Servicer Prepayment Charge
Payment Amounts shall be treated as having been distributed to the Holders of
the Class P Certificates from the Grantor Trust. Such distributions shall not be
applied to reduce the Certificate Principal Balance of the Class P Certificates.
On the first Distribution Date following the expiration of the latest prepayment
term with respect to the related Mortgage Loans and if funds are available on
such date, the Class P Certificates shall be entitled to its outstanding
Certificate Principal Balance prior to any distributions of Monthly Excess
Cashflow Amounts pursuant to Section 4.02(b) on such Distribution Date.

          (d)  Any amounts distributed to the Class A and Class M Certificates
in respect of interest pursuant to Sections 4.02(b)(xxiv) which constitute Cap
Carryover Amounts shall first be deemed distributed by REMIC 2 as a distribution
to the Class CE Certificates, and then distributed to the Class A and Class M
Certificates from the Grantor Trust as payments on notional principal contracts
in the nature of cap contracts. Any remaining amount with respect to the Class
CE Certificates or any remaining Yield Maintenance Agreement Payments shall be
treated as having been distributed to the Holders of the Class CE Certificates
from the Grantor Trust.

          (e)  On each Distribution Date, Unpaid Realized Loss Amounts on the
Class M Certificates will be reduced by the amount of any Subsequent Recoveries
received during the related Prepayment Period in the same order as Realized Loss
Amortization Amounts are paid to the Class M Certificates pursuant to Section
4.02(b) above.

          Section 4.03   Allocation of Losses.

          Any Applied Realized Loss Amount for a Distribution Date will be
allocated first against the Class CE Certificates, until the Notional Balance
thereof is reduced to zero and then against the Class M-7F and Class M-7A
Certificates, PRO RATA, until the respective Certificate Principal Balances
thereof are reduced to zero, and then against the Class M-6, Class M-5, Class
M-4, Class M-3, Class M-2 and Class M-1 Certificates, in that order and until
the respective Certificate Principal Balances thereof are reduced to zero.

          Section 4.04   Method of Distribution.

          The Trustee shall make distributions in respect of a Distribution Date
to each Certificateholder of record on the related Record Date (other than as
provided in Section 10.01 respecting the final distribution), in the case of
Certificateholders of the Certificates, by wire transfer in immediately
available funds to the account of the Person entitled thereto if such Person
shall have so notified the Trustee in writing at least five Business Days prior
to the Record Date immediately prior to such Distribution Date and is the
registered owner of such Certificates, or by check mailed by first class mail to
the address of the Person entitled thereto, as such name and address shall
appear on the Certificate Register, provided that the Trustee may

                                      -97-
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deduct a reasonable wire transfer fee from any payment made by wire transfer.
Distributions among Certificateholders shall be made in proportion to the
Percentage Interests evidenced by the Certificates held by such
Certificateholders.

          Section 4.05   Distributions on Book-Entry Certificates.

          Each distribution with respect to a Book-Entry Certificate shall be
paid to the Depository, which shall credit the amount of such distribution to
the accounts of its Depository Participants in accordance with its normal
procedures. Each Depository Participant shall be responsible for disbursing such
distribution to the Certificate Owners that it represents and to each indirect
participating brokerage firm (a "brokerage firm" or "indirect participating
firm") for which it acts as agent. Each brokerage firm shall be responsible for
disbursing funds to the Certificate Owners that it represents. All such credits
and disbursements with respect to a Book-Entry Certificate are to be made by the
Depository and the Depository Participants in accordance with the provisions of
the Certificates. None of the Trustee, the Depositor or the Servicer shall have
any responsibility therefor except as otherwise provided by applicable law.

          Section 4.06   Statements.

          (a)     On each Distribution Date, based on the Mortgage Loan
information contained in the Remittance Report, the Trustee shall prepare and
post on its website at www.jpmorgan.com/sfr, a statement (the "Distribution Date
Statement") as to the distributions made on such Distribution Date:

          (i)     the amount of the distribution made on such Distribution Date
     to the Holders of each Class of Certificates allocable to principal,
     separately identified and the amount of the distribution made on such
     Distribution Date to the Holders of the Class P Certificates allocable to
     Prepayment Charges, Originator Prepayment Charge Payment Amounts and
     Servicer Prepayment Charge Payment Amounts;

          (ii)    the amount of the distribution made on such Distribution Date
     to the Holders of each Class of Certificates allocable to interest or Class
     CE Distributable Amount, separately identified;

          (iii)   the Overcollateralization Amount, the Overcollateralization
     Release Amount, the Overcollateralization Deficiency and the Targeted
     Overcollateralization Amount as of such Distribution Date and the Monthly
     Excess Interest Amount and Monthly Excess Cashflow Amount for such
     Distribution Date;

          (iv)    the aggregate amount of servicing compensation received by the
     Servicer during the related Collection Period;

          (v)     the aggregate amount of Advances for the related Collection
     Period, cumulative unreimbursed Advances and Servicing Advances and
     cumulative Nonrecoverable Advances;

          (vi)    the Pool Balance, at the close of business at the end of the
     related Collection Period;

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<PAGE>

          (vii)   the number, weighted average remaining term to maturity and
     weighted average Mortgage Interest Rate of the Mortgage Loans as of the
     related Due Date;

          (viii)  the number and aggregate unpaid principal balance of Mortgage
     Loans (a) 30 to 59 days past due on a contractual basis, (b) 60 to 89 days
     past due on a contractual basis, (c) 90 or more days past due on a
     contractual basis, (d) as to which foreclosure proceedings have been
     commenced and (e) in bankruptcy as of the close of business on the last day
     of the calendar month preceding such Distribution Date;

          (ix)    with respect to any Mortgage Loan that became an REO Property
     during the preceding calendar month, the loan number of such Mortgage Loan,
     the unpaid Principal Balance of the REO Property as of the close of
     business on the last Business Day of such calendar month and the Principal
     Balance of such Mortgage Loan as of the date it became an REO Property;

          (x)     the book value of any REO Property as of the close of business
     on the last Business Day of the calendar month preceding the Distribution
     Date, and, cumulatively, the total number and cumulative principal balance
     of all REO Properties as of the close of business of the last day of the
     preceding Collection Period;

          (xi)    the aggregate amount of Principal Prepayments made during the
     related Prepayment Period;

          (xii)   the aggregate amount of Realized Losses incurred during the
     related Collection Period and the cumulative amount of Realized Losses;

          (xiii)  the Certificate Principal Balance of each Class of
     Certificates, after giving effect to the distributions, and allocations of
     Realized Losses or Applied Realized Loss Amounts, as applicable, made on
     such Distribution Date, separately identifying any reduction thereof due to
     allocations of Realized Losses or Applied Realized Loss Amounts;

          (xiv)   the Accrued Certificate Interest in respect of each Class of
     Certificates for such Distribution Date and any related Cap Carryover
     Amounts, and the respective portions thereof, if any, remaining unpaid
     following the distributions made in respect of such Certificates on such
     Distribution Date;

          (xv)    the aggregate amount of any Prepayment Interest Shortfalls for
     such Distribution Date, to the extent not covered by payments by the
     Servicer pursuant to Section 3.23;

          (xvi)   the Cap Carryover Amounts distributed on such Distribution
     Date, the amounts remaining after giving effect to distributions thereof on
     such Distribution Date and the amount of all Cap Carryover Amounts covered
     by withdrawals from the Class A Reserve Account, the Class M-1, Class M-2
     and Class M-3 Reserve Account and the Class M-4, Class M-5, Class M-6 and
     Class M-7A Reserve Account on such Distribution Date;

                                      -99-
<PAGE>

          (xvii)  any Overcollateralization Deficiency after giving effect to
     the distribution of principal on such Distribution Date;

          (xviii) whether a Trigger Event has occurred and is continuing, and
     the cumulative Realized Losses, as a percentage of the original Pool
     Balance;

          (xix)   the Available Funds;

          (xx)    the rate at which interest accrues for each Class of
     Certificates for such Distribution Date;

          (xxi)   the information contained in the Liquidation Report for such
     Distribution Date;

          (xxii)  the aggregate Principal Balance of Mortgage Loans purchased by
     the Servicer, the Originator or the Seller during the related Prepayment
     Period and indicating the section of this Agreement requiring or allowing
     the purchase of each such Mortgage Loan;

          (xxiii) the aggregate Principal Balance of the Mortgage Loans
     repurchased by the Servicer during the related Prepayment Period in
     connection with Section 3.16;

          (xxiv)  the amount of the PMI Insurer Fee paid;

          (xxv)   the amount of the Credit Risk Manager Fee paid;

          (xxvi)  the Mortgage Loan identifying number of each Mortgage Loan
     with a Prepayment Charge that was the subject of a Principal Prepayment in
     full during the related Collection Period, the Prepayment Charge listed on
     each related Mortgage Note and the Prepayment Charge collected, the
     Servicer Prepayment Charge Payment Amount paid by the Servicer or the
     Originator Prepayment Charge Payment Amount paid by the Originator with
     respect to each such Mortgage Loan;

          (xxvii) the aggregate amount of DA Dividends attributable DAD Mortgage
     Loans deposited into the DA Reserve Account for the related Collection
     Period, and the amount of DA Dividends remitted to the Trustee for deposit
     in the Distribution Account as a result of or relating to a DA Forfeiture
     Event by the related Mortgagor;

         (xxviii) the amount of Subsequent Recoveries received during the
     related Prepayment Period;

          (xxix)  (A) the dollar amount of payments received related to claims
     under the PMI Policy during the related Prepayment Period (and the number
     of Mortgage Loans to which such payments related) and (B) the aggregate
     dollar amount of payments received related to claims under the PMI Policy
     since the Cut-off Date (and the number of Mortgage Loans to which such
     payments related); and

                                      -100-
<PAGE>

          (xxx)   (A) the dollar amount of claims made under the PMI Policy that
     were denied during the related Prepayment Period (and the number of
     Mortgage Loans to which such denials related) and (B) the aggregate dollar
     amount of claims made under the PMI Policy that were denied since the
     Cut-off Date (and the number of Mortgage Loans to which such denials
     related).

          The Trustee may fully rely upon and shall have no liability with
respect to information with respect to the Mortgage Loans provided by the
Servicer.

          In the case of information furnished pursuant to subclauses (i), (ii)
and (xiii) above, the amounts shall be expressed in a separate section of the
report as a dollar amount for each Class for each $1,000 original dollar amount
as of the Cut-off Date.

          (b)     Within a reasonable period of time after the end of each
calendar year, the Trustee shall furnish to the NIMS Insurer and each Person who
at any time during the calendar year was a Certificateholder of a Regular
Certificate, if requested in writing by such Person, such information as is
reasonably necessary to provide to such Person a statement containing the
information set forth in subclauses (i), (ii), (xiv) and (xvii) above,
aggregated for such calendar year or applicable portion thereof during which
such Person was a Certificateholder. Such obligation of the Trustee shall be
deemed to have been satisfied to the extent that substantially comparable
information shall be prepared and furnished by the Trustee to Certificateholders
pursuant to any requirements of the Code as are in force from time to time.

          (c)     On each Distribution Date, the Trustee shall make available to
the Class R Certificateholder a copy of the reports made available to the
Regular Certificateholders in respect of such Distribution Date with such other
information as the Trustee deems necessary or appropriate. Such obligation of
the Trustee shall be deemed to have been satisfied to the extent that
substantially comparable information shall be prepared and furnished to Class R
Certificateholder by the Trustee pursuant to any requirements of the Code as
from time to time in force.

          Section 4.07   Remittance Reports; Advances.

          (a)     On the second Business Day following each Determination Date
but in no event later than the 20th day of each month (or if such 20th day is
not a Business Day, the preceding Business Day), the Servicer shall deliver to
the Trustee and the NIMS Insurer by telecopy (or by such other means as the
Servicer, the NIMS Insurer and the Trustee may agree from time to time) a
Remittance Report with respect to the related Distribution Date. On the same
date, the Servicer shall electronically forward to the Trustee in such medium as
may be agreed between the Servicer and the Trustee the information set forth in
such Remittance Report with respect to the related Distribution Date and such
information reasonably available to the Servicer necessary in order for the
Trustee to perform the calculations necessary to make the distributions
contemplated by Section 4.01, 4.02 and 4.03 and to prepare the Distribution Date
Statement. The Trustee shall not be responsible to recompute, recalculate or
verify any information provided to it by the Servicer.

                                      -101-
<PAGE>

          (b)     The amount of Advances to be made by the Servicer for any
Distribution Date shall equal, subject to Section 4.07(d), the sum of (i) the
aggregate amount of Monthly Payments (net of the related Servicing Fee), due
during the related Collection Period in respect of the Mortgage Loans, which
Monthly Payments were delinquent on a contractual basis as of the close of
business on the related Determination Date and (ii) with respect to each REO
Property, which REO Property was acquired during or prior to the related
Collection Period and as to which REO Property an REO Disposition did not occur
during the related Collection Period, an amount equal to the excess, if any, of
the REO Imputed Interest on such REO Property for such Collection Period, over
the net income from such REO Property transferred to the Distribution Account
pursuant to Section 3.13 for distribution on such Distribution Date.

          On or before 1:00 p.m. New York time on the Servicer Remittance Date,
the Servicer shall remit in immediately available funds to the Trustee for
deposit in the Distribution Account an amount equal to the aggregate amount of
Advances, if any, to be made in respect of the Mortgage Loans for the related
Distribution Date either (i) from its own funds or (ii) from the Collection
Account, to the extent of funds held therein for future distribution (in which
case it will cause to be made an appropriate entry in the records of the
Collection Account that amounts held for future distribution have been, as
permitted by this Section 4.07, used by the Servicer in discharge of any such
Advance) or (iii) in the form of any combination of (i) and (ii) aggregating the
total amount of Advances to be made by the Servicer with respect to the Mortgage
Loans. Any amounts held for future distribution and so used shall be
appropriately reflected in the Servicer's records and replaced by the Servicer
by deposit in the Collection Account on or before any future Servicer Remittance
Date to the extent that the Available Funds for the related Distribution Date
(determined without regard to Advances to be made on the Servicer Remittance
Date) shall be less than the total amount that would be distributed to the
Classes of Certificateholders pursuant to Section 4.01 and 4.02 on such
Distribution Date if such amounts held for future distributions had not been so
used to make Advances. The Trustee will provide notice to the Servicer and NIMS
Insurer by telecopy by the close of business on any Servicer Remittance Date in
the event that the amount remitted by the Servicer to the Trustee on such date
is less than the Advances required to be made by the Servicer for the related
Distribution Date, as set forth in the related Remittance Report.

          (c)     The obligation of the Servicer to make such Advances is
mandatory, notwithstanding any other provision of this Agreement but subject to
(d) below, and, with respect to any Mortgage Loan, shall continue until the
earlier of such time as such Mortgage Loan is paid in full by the Mortgagor or
disposed of by the Trust, or until the recovery of all Liquidation Proceeds
thereon.

          (d)     Notwithstanding anything herein to the contrary, no Advance or
Servicing Advance shall be required to be made hereunder by the Servicer if such
Advance would, if made, constitute a Nonrecoverable Advance. The determination
by the Servicer that it has made a Nonrecoverable Advance or that any proposed
Advance, if made, would constitute a Nonrecoverable Advance, shall be evidenced
by an Officers' Certificate of the Servicer delivered to the Depositor, the NIMS
Insurer and the Trustee. The Trustee shall be entitled to conclusively rely upon
any such determination by the Servicer.

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<PAGE>

          Section 4.08   REMIC Distributions and Allocation of Losses.

          (a)     On each Distribution Date, the Trustee shall cause in the
following order of priority, the following amounts to be distributed by REMIC 1
to REMIC 2 on account of the REMIC 1 Regular Interests or withdrawn from the
Distribution Account and distributed to the Holders of the Class R Certificates
(in respect of the Class R-1 Interest), as the case may be:

          (i)     to Holders of REMIC 1 Regular Interest LT1AA, REMIC 1 Regular
     Interest LT1A1, REMIC 1 Regular Interest LT1A2, REMIC 1 Regular Interest
     LT1A3, REMIC 1 Regular Interest LT1M1, REMIC 1 Regular Interest LT1M2,
     REMIC 1 Regular Interest LT1M3, REMIC 1 Regular Interest LT1M4, REMIC 1
     Regular Interest LT1M5, REMIC 1 Regular Interest LT1M6, REMIC 1 Regular
     Interest LT1M7A, REMIC 1 Regular Interest LT1M7F, REMIC 1 Regular Interest
     LT1P and REMIC 1 Regular Interest LT1ZZ, pro rata, in an amount equal to
     (A) the Uncertificated Accrued Interest for such Distribution Date, plus
     (B) any amounts in respect thereof remaining unpaid from previous
     Distribution Dates. Amounts payable as Uncertificated Accrued Interest in
     respect of REMIC 1 Regular Interest LT1ZZ shall be reduced and deferred
     when the REMIC 1 Overcollateralized Amount is less than the REMIC 1
     Overcollateralization Target Amount, by the lesser of (x) the amount of
     such difference and (y) the Maximum LT1ZZ Uncertificated Accrued Interest
     Deferral Amount and such amount will be payable to the Holders of REMIC 1
     Regular Interest LT1A1, REMIC 1 Regular Interest LT1A2, REMIC 1 Regular
     Interest LT1A3, REMIC 1 Regular Interest LT1M1, REMIC 1 Regular Interest
     LT1M2, REMIC 1 Regular Interest LT1M3, REMIC 1 Regular Interest LT1M4,
     REMIC 1 Regular Interest LT1M5, REMIC 1 Regular Interest LT1M6, REMIC 1
     Regular Interest LT1M7A and REMIC 1 Regular Interest LT1M7F in the same
     proportion as the Overcollateralization Deficiency is allocated to the
     Corresponding Certificates;

          (ii)    to the Holders of REMIC 1 Regular Interests, in an amount
     equal to the remainder of the Available Funds for such Distribution Date
     after the distributions made pursuant to clause (i) above, allocated as
     follows:

          (1)     to REMIC 1 Regular Interest LT1AA, 98.00% of such remainder,
                  until the Uncertificated Principal Balance of such
                  Uncertificated REMIC 1 Regular Interest is reduced to zero
                  provided, however, that REMIC 1 Regular Interest LT1P shall
                  not be reduced until the Distribution Date immediately
                  following the expiration of the latest Prepayment Charge or
                  any Distribution Date thereafter, at which point such amount
                  shall be distributed to REMIC 1 Regular Interest LT1P, until
                  $100 has been distributed pursuant to this clause;

          (2)     to REMIC 1 Regular Interest LT1A1, REMIC 1 Regular Interest
                  LT1A2, REMIC 1 Regular Interest LT1A3, REMIC 1 Regular
                  Interest LT1M1, REMIC 1 Regular Interest LT1M2, REMIC 1
                  Regular Interest LT1M3, REMIC 1 Regular Interest LT1M4, REMIC
                  1 Regular Interest LT1M5, REMIC 1 Regular Interest LT1M6,
                  REMIC 1 Regular Interest LT1M7A and REMIC 1 Regular Interest
                  LT1M7F, 1.00% of such remainder, in the

                                      -103-
<PAGE>

                  same proportion as principal payments are allocated to the
                  Corresponding Certificates, until the Uncertificated Principal
                  Balances of such REMIC 1 Regular Interests are reduced to
                  zero; then

          (3)     to REMIC 1 Regular Interest LT1ZZ, 1.00% of such remainder,
                  until the Uncertificated Principal Balance of such REMIC 1
                  Regular Interest is reduced to zero;

          (4)     any remaining amount to the Holders of the Class R
                  Certificates (in respect of the Class R-1 Interest);

     provided, however, that (i) 98.00% and (ii) 2.00% of any principal payments
     that are attributable to an Aggregate Overcollateralization Release Amount
     shall be allocated to (i) REMIC 1 Regular Interest LT1AA and REMIC 1
     Regular Interest LT1P and (ii) REMIC 1 Regular Interest LT1ZZ,
     respectively; and

          (b)     The Trustee shall cause the following allocation of losses:

          (i)     The aggregate amount of any Prepayment Interest Shortfalls and
     the aggregate amount of any Relief Act Interest Shortfalls incurred in
     respect of the Mortgage Loans for any Distribution Date shall be allocated
     first, to Uncertificated Accrued Interest payable to (i) REMIC 1 Regular
     Interest LT1AA and REMIC 1 Regular Interest LT1P and (ii) REMIC 1 Regular
     Interest LT1ZZ up to an aggregate amount equal to the REMIC 1 Interest Loss
     Allocation Amount, 98% and 2%, respectively, and thereafter among REMIC 1
     Regular Interest LT1A1, REMIC 1 Regular Interest LT1A2, REMIC 1 Regular
     Interest LT1A3, REMIC 1 Regular Interest LT1M1, REMIC 1 Regular Interest
     LT1M2, REMIC 1 Regular Interest LT1M3, REMIC 1 Regular Interest LT1M4,
     REMIC 1 Regular Interest LT1M5, REMIC 1 Regular Interest LT1M6, REMIC 1
     Regular Interest LT1M7A, REMIC 1 Regular Interest LT1M7F and REMIC 1
     Regular Interest LT1ZZ pro rata based on, and to the extent of, one month's
     interest at the then applicable respective Uncertificated REMIC 1
     Pass-Through Rate on the respective Uncertificated Principal Balance of
     each such REMIC 1 Regular Interest;

          (ii)    All Realized Losses on the Mortgage Loans shall be allocated
     by the Trustee on each Distribution Date to the following REMIC 1 Regular
     Interests in the specified percentages, as follows: first, to
     Uncertificated Accrued Interest payable to (i) REMIC 1 Regular Interest
     LT1AA and REMIC 1 Regular Interest LT1P and (ii) REMIC 1 Regular Interest
     LT1ZZ up to an aggregate amount equal to the REMIC 1 Interest Loss
     Allocation Amount, 98% and 2%, respectively; second, to the Uncertificated
     Principal Balances of REMIC 1 Regular Interest LT1AA and REMIC 1 Regular
     Interest LT1ZZ up to an aggregate amount equal to the REMIC 1 Principal
     Loss Allocation Amount, 98% and 2%, respectively; third, to the
     Uncertificated Principal Balances of REMIC 1 Regular Interest LT1AA, REMIC
     1 Regular Interest LT1M7A and REMIC 1 Regular Interest LT1M7F, pro rata,
     and REMIC 1 Regular Interest LT1ZZ, 98%, 1% and 1%, respectively, until the
     Uncertificated Principal Balance of REMIC 1 Regular Interest LT1M7 has been
     reduced to zero, fourth, to the Uncertificated Principal Balances of REMIC
     1 Regular Interest LT1AA, REMIC 1 Regular Interest LT1M6 and

                                      -104-
<PAGE>

     REMIC 1 Regular Interest LT1ZZ, 98%, 1% and 1%, respectively, until the
     Uncertificated Principal Balance of REMIC 1 Regular Interest LT1M6 has been
     reduced to zero; fifth, to the Uncertificated Principal Balances of REMIC 1
     Regular Interest LT1AA, REMIC 1 Regular Interest LT1M5 and REMIC 1 Regular
     Interest LT1ZZ, 98%, 1% and 1%, respectively, until the Uncertificated
     Principal Balance of REMIC 1 Regular Interest LT1M5 has been reduced to
     zero; sixth, to the Uncertificated Principal Balances of REMIC 1 Regular
     Interest LT1AA, REMIC 1 Regular Interest LT1M4 and REMIC 1 Regular Interest
     LT1ZZ, 98%, 1% and 1%, respectively, until the Uncertificated Principal
     Balance of REMIC 1 Regular Interest LT1M4 has been reduced to zero; seventh
     to the Uncertificated Principal Balances of REMIC 1 Regular Interest LT1AA,
     REMIC 1 Regular Interest LT1M3 and REMIC 1 Regular Interest LT1ZZ, 98%, 1%
     and 1%, respectively, until the Uncertificated Principal Balance of REMIC 1
     Regular Interest LT1M3 has been reduced to zero; eighth, to the
     Uncertificated Principal Balances of REMIC 1 Regular Interest LT1AA, REMIC
     1 Regular Interest LT1M2 and REMIC 1 Regular Interest LT1ZZ, 98%, 1% and
     1%, respectively, until the Uncertificated Principal Balance of REMIC 1
     Regular Interest LT1M2 has been reduced to zero; and ninth, to the
     Uncertificated Principal Balances of REMIC 1 Regular Interest LT1AA, REMIC
     1 Regular Interest LT1M1 and REMIC 1 Regular Interest LT1ZZ, 98%, 1% and
     1%, respectively, until the Uncertificated Principal Balances of REMIC 1
     Regular Interest LT1M1 has been reduced to zero; and

          (c)     On each Distribution Date, all amounts representing Prepayment
Charges will be distributed from REMIC 1 to the holder of the Class P
Certificate. Such amount shall not reduce the Certificate Balance of the Class P
Certificates.

          (d)     Notwithstanding anything to the contrary contained herein, the
above distributions in this Section 4.08 (other than on the Certificates are
deemed distributions, and distributions of funds from the Distribution Account
shall be made only in accordance with Sections 4.01 and 4.02 hereof.

                                    ARTICLE V

                                THE CERTIFICATES

          Section 5.01   The Certificates.

          Each of the Class A-1, Class A-2, Class A-3, Class M-1, Class M-2,
Class M-3, Class M-4, Class M-5, Class M-6, Class M-7A, Class M-7F, Class CE,
Class P and Class R Certificates shall be substantially in the forms annexed
hereto as exhibits, and shall, on original issue, be executed by the Trustee and
authenticated and delivered by the Certificate Registrar to or upon the receipt
of a Written Order to Authenticate from the Depositor concurrently with the sale
and assignment to the Trustee of the Trust Fund. Each Class of the Class A and
Class M Certificates shall be initially evidenced by one or more Certificates
representing a Percentage Interest with a minimum dollar denomination of $25,000
and integral multiples of $1 in excess thereof. The Class P Certificates shall
be initially evidenced by one or more Certificates representing a Percentage
Interest with a minimum dollar denomination of $20 and integral

                                      -105-
<PAGE>

multiples of $20 in excess thereof. The Class CE Certificates are issuable only
in minimum Percentage Interests of 10%. The Class R Certificate is issuable only
as a single certificate.

          The Certificates shall be executed on behalf of the Trust by manual or
facsimile signature on behalf of the Trustee by a Responsible Officer.
Certificates bearing the manual or facsimile signatures of individuals who were,
at the time when such signatures were affixed, authorized to sign on behalf of
the Trustee shall bind the Trust, notwithstanding that such individuals or any
of them have ceased to be so authorized prior to the authentication and delivery
of such Certificates or did not hold such offices at the date of such
Certificate. No Certificate shall be entitled to any benefit under this
Agreement or be valid for any purpose, unless such Certificate shall have been
manually authenticated by the Certificate Registrar substantially in the form
provided for herein, and such authentication upon any Certificate shall be
conclusive evidence, and the only evidence, that such Certificate has been duly
authenticated and delivered hereunder. All Certificates shall be dated the date
of their authentication. Subject to Section 5.02(c), the Class A and Class M
Certificates shall be Book-Entry Certificates. The Class CE, Class P and Class R
Certificates shall not be Book-Entry Certificates but shall be issued in fully
registered certificate form.

          Section 5.02   Registration of Transfer and Exchange of Certificates.

          (a)     The Certificate Registrar shall cause to be kept at the
Corporate Trust Office of the Trustee a Certificate Register in which, subject
to such reasonable regulations as it may prescribe, the Certificate Registrar
shall provide for the registration of Certificates and of transfers and
exchanges of Certificates as herein provided. The Trustee shall initially serve
as Certificate Registrar for the purpose of registering Certificates and
transfers and exchanges of Certificates as herein provided. The Trustee as
Certificate Registrar shall be subject to the same standards of care,
limitations on liability and rights to indemnity as the Trustee, and the
provisions of Sections 8.01, 8.02, 8.03, 8.04, 8.05, 8.14 and 8.15 shall apply
to the Certificate Registrar to the same extent as they apply to the Trustee.
Any Certificate Registrar appointed in accordance with this Section 5.02(a) may
at any time resign by giving at least 30 days' advance written notice of
resignation to the Trustee, the Servicer and the Depositor, such resignation to
become effective upon appointment of a successor Certificate Registrar.

          Upon surrender for registration of transfer of any Certificate at any
office or agency of the Certificate Registrar maintained for such purpose
pursuant to the foregoing paragraph and, in the case of the Class R Certificate,
upon satisfaction of the conditions set forth below, the Trustee on behalf of
the Trust shall execute and the Certificate Registrar shall authenticate and
deliver, in the name of the designated transferee or transferees, one or more
new Certificates of the same aggregate Percentage Interest.

          At the option of the Certificateholders, Certificates may be exchanged
for other Certificates in authorized denominations and the same aggregate
Percentage Interests, upon surrender of the Certificates to be exchanged at any
such office or agency. Whenever any Certificates are so surrendered for
exchange, the Trustee shall execute on behalf of the Trust and the Certificate
Registrar shall authenticate and deliver the Certificates which the
Certificateholder making the exchange is entitled to receive. Every Certificate
presented or surrendered for registration of transfer or exchange shall (if so
required by the Trustee or the

                                      -106-
<PAGE>

Certificate Registrar) be duly endorsed by, or be accompanied by a written
instrument of transfer satisfactory to the Trustee and the Certificate Registrar
duly executed by, the Holder thereof or his attorney duly authorized in writing.

          (b)     Upon original issuance, the Book-Entry Certificates shall be
issued in the form of one or more typewritten certificates, to be delivered to
the Depository, the initial Depository, by, or on behalf of, the Depositor; or
to, and deposited with the Certificate Custodian, on behalf of the Depository,
if directed to do so pursuant to instructions from the Depository. Except as
provided in paragraph (c) below, the Book-Entry Certificates shall at all times
remain registered in the name of the Depository or its nominee and at all times:
(i) registration of such Certificates may not be transferred by the Trustee
except to another Depository; (ii) the Depository shall maintain book-entry
records with respect to the Certificate Owners and with respect to ownership and
transfers of such Certificates; (iii) ownership and transfers of registration of
such Certificates on the books of the Depository shall be governed by applicable
rules established by the Depository; (iv) the Depository may collect its usual
and customary fees, charges and expenses from its Depository Participants; (v)
the Trustee shall for all purposes deal with the Depository as representative of
the Certificate Owners of the Certificates for purposes of exercising the rights
of Holders under this Agreement, and requests and directions for and votes of
such representative shall not be deemed to be inconsistent if they are made with
respect to different Certificate Owners; (vi) the Trustee may rely and shall be
fully protected in relying upon information furnished by the Depository with
respect to its Depository Participants and furnished by the Depository
Participants with respect to indirect participating firms and Persons shown on
the books of such indirect participating firms as direct or indirect Certificate
Owners; and (vii) the direct participants of the Depository shall have no rights
under this Agreement under or with respect to any of the Certificates held on
their behalf by the Depository, and the Depository may be treated by the Trustee
and its agents, employees, officers and directors as the absolute owner of the
Certificates for all purposes whatsoever.

          All transfers by Certificate Owners of Book-Entry Certificates shall
be made in accordance with the procedures established by the Depository
Participant or brokerage firm representing such Certificate Owners. Each
Depository Participant shall only transfer Book-Entry Certificates of
Certificate Owners that it represents or of brokerage firms for which it acts as
agent in accordance with the Depository's normal procedures. The parties hereto
are hereby authorized to execute a Letter of Representations with the Depository
or take such other action as may be necessary or desirable to register a
Book-Entry Certificate to the Depository. In the event of any conflict between
the terms of any such Letter of Representation and this Agreement, the terms of
this Agreement shall control.

          (c)     If the Depository advises the Trustee in writing that the
Depository is no longer willing or able to discharge properly its
responsibilities as Depository and the Trustee or the Depositor is unable to
locate a qualified successor. Upon surrender to the Certificate Registrar of the
Book-Entry Certificates by the Depository, accompanied by registration
instructions from the Depository for registration, the Trustee shall, at the
Trust's expense, execute on behalf of the Trust and the Certificate Registrar
shall authenticate definitive, fully registered certificates (the "Definitive
Certificates"). None of the Depositor or the Trustee shall be liable for any
delay in delivery of such instructions and may conclusively rely on, and shall
be protected in relying on, such instructions. Upon the issuance of Definitive
Certificates, the

                                      -107-
<PAGE>

Trustee, the Certificate Registrar, the Servicer, any Paying Agent and the
Depositor shall recognize the Holders of the Definitive Certificates as
Certificateholders hereunder.

          (d)     Except with respect to a transfer of the Private Certificates
between or among the Depositor, the Seller, their affiliates or both, no
transfer, sale, pledge or other disposition of any Private Certificate shall be
made unless such disposition is exempt from the registration requirements of the
1933 Act, and any applicable state securities laws or is made in accordance with
the 1933 Act and laws. In the event of any such transfer, (i) unless such
transfer is made in reliance upon Rule 144A (as evidenced by the investment
letter delivered to the Certificate Registrar, in substantially the form
attached hereto as Exhibit J) under the 1933 Act, the Certificate Registrar and
the Depositor shall require a written Opinion of Counsel (which may be in-house
counsel) acceptable to and in form and substance reasonably satisfactory to the
Certificate Registrar and the Depositor that such transfer may be made pursuant
to an exemption, describing the applicable exemption and the basis therefor,
from the 1933 Act or is being made pursuant to the 1933 Act, which Opinion of
Counsel shall not be an expense of the Certificate Registrar or the Depositor or
(ii) the Certificate Registrar shall require the transferor to execute a
transferor certificate (in substantially the form attached hereto as Exhibit L)
and the transferee to execute an investment letter (in substantially the form
attached hereto as Exhibit J) acceptable to and in form and substance reasonably
satisfactory to the Depositor and the Certificate Registrar certifying to the
Depositor and the Certificate Registrar the facts surrounding such transfer,
which investment letter shall not be an expense of the Certificate Registrar or
the Depositor. The Holder of a Private Certificate desiring to effect such
transfer shall, and does hereby agree to, indemnify the Certificate Registrar
and the Depositor against any liability that may result if the transfer is not
so exempt or is not made in accordance with such federal and state laws.

          No transfer of an ERISA-Restricted Certificate shall be made unless
the Certificate Registrar shall have received either (i) a representation from
the transferee of such Certificate, acceptable to and in form and substance
satisfactory to the Certificate Registrar and the Depositor (such requirement is
satisfied only by the Certificate Registrar's receipt of a representation letter
from the transferee substantially in the form of Exhibit I hereto, as
appropriate), to the effect that such transferee is not an employee benefit plan
or arrangement subject to Section 406 of ERISA, a plan subject to Section 4975
of the Code or a plan subject to any federal, state or local law ("Similar Law")
materially similar to the foregoing provisions of ERISA or the Code, nor a
person acting on behalf of any such plan or arrangement nor using the assets of
any such plan or arrangement to effect such transfer or (ii) (except in the case
of a Class R, Class P or Class CE Certificate) if the purchaser is an insurance
company, a representation that the purchaser is an insurance company which is
purchasing such Certificates with funds contained in an "insurance company
general account" (as such term is defined in Section V(e) of Prohibited
Transaction Class Exemption 95-60 ("PTCE 95-60") and that the purchase and
holding of such Certificates are covered under Sections I and III of PTCE 95-60
or (iii) (except in the case of the Class R Certificate) in the case of any such
ERISA Restricted Certificate presented for registration in the name of an
employee benefit plan subject to ERISA or a plan or arrangement subject to
Section 4975 of the Code (or comparable provisions of any subsequent
enactments), or a trustee of any such plan or any other person acting on behalf
of any such plan or arrangement or using such plan's or arrangement's assets, an
Opinion of Counsel satisfactory to the Certificate Registrar, to the effect that
the purchase or holding of such ERISA Restricted Certificate will not constitute
or result in a non-exempt prohibited transaction within the meaning

                                      -108-
<PAGE>

of ERISA, Section 4975 of the Code or Similar Law and will not subject the
Depositor, the Servicer, the Trustee, the NIMS Insurer or the Certificate
Registrar to any obligation in addition to those expressly undertaken in this
Agreement or to any liability. For purposes of clause (i) of the preceding
sentence, such representation shall be deemed to have been made to the
Certificate Registrar by the acceptance by a Certificate Owner of the beneficial
interest in any such Class of ERISA-Restricted Certificates, unless the
Certificate Registrar shall have received from the transferee an alternative
representation acceptable in form and substance to the Depositor.
Notwithstanding anything else to the contrary herein, any purported transfer of
an ERISA-Restricted Certificate to or on behalf of an employee benefit plan
subject to ERISA, Section 4975 of the Code or Similar Law without the delivery
to the Certificate Registrar of an Opinion of Counsel satisfactory to the
Certificate Registrar as described above shall be void and of no effect. Any
representations required to be made in subsection (i) and (ii) above in the case
of an ERISA-Restricted Certificate which is also a Book-Entry Certificate shall
be deemed to have been made by the acquisition of such Certificate.

          Each Person who has or who acquires any Ownership Interest in the
Class R Certificate shall be deemed by the acceptance or acquisition of such
Ownership Interest to have agreed to be bound by the following provisions and to
have irrevocably appointed the Depositor or its designee as its attorney-in-fact
to negotiate the terms of any mandatory sale under clause (v) below and to
execute all instruments of transfer and to do all other things necessary in
connection with any such sale, and the rights of each Person acquiring any
Ownership Interest in the Class R Certificate are expressly subject to the
following provisions:

          (i)     Each Person holding or acquiring any Ownership Interest in the
     Class R Certificate shall be a Permitted Transferee and shall promptly
     notify the Certificate Registrar of any change or impending change in its
     status as a Permitted Transferee.

          (ii)    No Person shall acquire an Ownership Interest in the Class R
     Certificate unless such Ownership Interest is a pro rata undivided
     interest.

          (iii)   In connection with any proposed transfer of any Ownership
     Interest in the Class R Certificate, the Certificate Registrar shall as a
     condition to registration of the transfer, require delivery to it, in form
     and substance satisfactory to it, of each of the following:

          (A)     an affidavit in the form of Exhibit K hereto from the
proposed transferee to the effect that, among other things, such transferee is a
Permitted Transferee and that it is not acquiring its Ownership Interest in the
Class R Certificate that is the subject of the proposed transfer as a nominee,
trustee or agent for any Person who is not a Permitted Transferee; and

          (B)     a covenant of the proposed transferee to the effect that the
proposed transferee agrees to be bound by and to abide by the transfer
restrictions applicable to the Class R Certificate.

          (iv)    Any attempted or purported transfer of any Ownership Interest
     in the Class R Certificate in violation of the provisions of this Section
     shall be absolutely null and void and shall vest no rights in the purported
     transferee. If any purported transferee

                                      -109-
<PAGE>

     shall, in violation of the provisions of this Section, become the Holder of
     the Class R Certificate, then the prior Holder of such Class R Certificate
     that is a Permitted Transferee shall, upon discovery that the registration
     of transfer of such Class R Certificate was not in fact permitted by this
     Section, be restored to all rights as Holder thereof retroactive to the
     date of registration of transfer of such Class R Certificate. The
     Certificate Registrar shall be under no liability to any Person for any
     registration of transfer of the Class R Certificate that is in fact not
     permitted by this Section or for making any distributions due on such Class
     R Certificate to the Holder thereof or taking any other action with respect
     to such Holder under the provisions of this Agreement so long as the
     Certificate Registrar received the documents specified in clause (iii). The
     Trustee shall be entitled to recover from any Holder of the Class R
     Certificate that was in fact not a Permitted Transferee at the time such
     distributions were made all distributions made on such Class R Certificate.
     Any such distributions so recovered by the Trustee shall be distributed and
     delivered by the Trustee to the prior Holder of such Class R Certificate
     that is a Permitted Transferee.

          (v)     If any Person other than a Disqualified Organization acquires
     any Ownership Interest in the Class R Certificate in violation of the
     restrictions in this Section, then the Certificate Registrar shall have the
     right but not the obligation, without notice to the Holder of the Class R
     Certificate or any other Person having an Ownership Interest therein, to
     notify the Depositor to arrange for the sale of the Class R Certificate.
     The proceeds of such sale, net of commissions (which may include
     commissions payable to the Depositor or its Affiliates in connection with
     such sale), expenses and taxes due, if any, will be remitted by the Trustee
     to the previous Holder of the Class R Certificate that is a Permitted
     Transferee, except that in the event that the Trustee determines that the
     Holder of the Class R Certificate may be liable for any amount due under
     this Section or any other provisions of this Agreement, the Trustee may
     withhold a corresponding amount from such remittance as security for such
     claim. The terms and conditions of any sale under this clause (v) shall be
     determined in the sole discretion of the Trustee and it shall not be liable
     to any Person having an Ownership Interest in the Class R Certificate as a
     result of its exercise of such discretion.

          (vi)    If any Person other than a Permitted Transferee acquires any
     Ownership Interest in the Class R Certificate in violation of the
     restrictions in this Section, then the Trustee will provide to the Internal
     Revenue Service, and to the persons specified in Sections 860E(e)(3) and
     (6) of the Code, information needed to compute the tax imposed under
     Section 860E(e)(5) of the Code on transfers of residual interests to
     disqualified organizations. The Trustee shall be entitled to reasonable
     compensation for providing such information from the person to whom it is
     provided.

The foregoing provisions of this Section shall cease to apply to transfers
occurring on or after the date on which there shall have been delivered to the
Certificate Registrar, in form and substance satisfactory to the Certificate
Registrar, (i) written notification from each Rating Agency that the removal of
the restrictions on Transfer set forth in this Section will not cause such
Rating Agency to downgrade its rating of the Certificates and (ii) an Opinion of
Counsel to the effect that such removal will not cause any REMIC created
hereunder to fail to qualify as a REMIC.

                                      -110-
<PAGE>

          (e)     No service charge shall be made for any registration of
transfer or exchange of Certificates of any Class, but the Certificate Registrar
may require payment of a sum sufficient to cover any tax or governmental charge
that may be imposed in connection with any transfer or exchange of Certificates.

          All Certificates surrendered for registration of transfer or exchange
shall be cancelled by the Certificate Registrar and disposed of pursuant to its
standard procedures.

          Section 5.03   Mutilated, Destroyed, Lost or Stolen Certificates.

          If (i) any mutilated Certificate is surrendered to the Certificate
Registrar or the Certificate Registrar receives evidence to its satisfaction of
the destruction, loss or theft of any Certificate and (ii) there is delivered to
the Trustee, the Depositor, the NIMS Insurer and the Certificate Registrar such
security or indemnity as may be required by them to save each of them harmless,
then, in the absence of notice to the Trustee or the Certificate Registrar that
such Certificate has been acquired by a bona fide purchaser, the Trustee shall
execute on behalf of the Trust, and the Certificate Registrar shall authenticate
and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost
or stolen Certificate, a new Certificate of like tenor and Percentage Interest.
Upon the issuance of any new Certificate under this Section, the Trustee or the
Certificate Registrar may require the payment of a sum sufficient to cover any
tax or other governmental charge that may be imposed in relation thereto and any
other expenses (including the fees and expenses of the Trustee and the
Certificate Registrar) in connection therewith. Any duplicate Certificate issued
pursuant to this Section, shall constitute complete and indefeasible evidence of
ownership in the Trust, as if originally issued, whether or not the lost, stolen
or destroyed Certificate shall be found at any time.

          Section 5.04   Persons Deemed Owners.

          The Servicer, the Depositor, the NIMS Insurer, the Trustee, the
Certificate Registrar, any Paying Agent and any agent of the Servicer, the
Depositor, the NIMS Insurer, the Certificate Registrar, any Paying Agent or the
Trustee may treat the Person, including a Depository, in whose name any
Certificate is registered as the owner of such Certificate for the purpose of
receiving distributions pursuant to Section 4.01 and 4.02 and for all other
purposes whatsoever, and none of the Servicer, the Trust, the NIMS Insurer, the
Trustee nor any agent of any of them shall be affected by notice to the
contrary.

          Section 5.05   Appointment of Paying Agent.

          The Paying Agent shall make distributions to Certificateholders from
the Distribution Account pursuant to Section 4.01 and 4.02 and shall report the
amounts of such distributions to the Trustee. The duties of the Paying Agent may
include the obligation to distribute statements and provide information to
Certificateholders as required hereunder. The Paying Agent hereunder shall at
all times be an entity duly incorporated and validly existing under the laws of
the United States of America or any state thereof, authorized under such laws to
exercise corporate trust powers and subject to supervision or examination by
federal or state authorities. The Paying Agent shall initially be the Trustee.
The Trustee may appoint a successor to act as Paying Agent, which appointment
shall be reasonably satisfactory to the

                                      -111-
<PAGE>

Depositor, the NIMS Insurer and the Rating Agencies. The Trustee as Paying Agent
shall be subject to the same standards of care, limitations on liability and
rights to indemnity as the Trustee, and the provisions of Sections 8.01, 8.02,
8.03, 8.04, 8.05, 8.14 and 8.15 shall apply to the Paying Agent to the same
extent as they apply to the Trustee. Any Paying Agent appointed in accordance
with this Section 5.05 may at any time resign by giving at least 30 days'
advance written notice of resignation to the Trustee, the Servicer, the NIMS
Insurer and the Depositor, such resignation to become effective upon appointment
of a successor Paying Agent.

                                   ARTICLE VI

                         THE SERVICER AND THE DEPOSITOR

          Section 6.01   Liability of the Servicer and the Depositor.

          The Servicer shall be liable in accordance herewith only to the extent
of the obligations specifically imposed upon and undertaken by the Servicer
herein. The Depositor shall be liable in accordance herewith only to the extent
of the obligations specifically imposed upon and undertaken by the Depositor.

          Section 6.02   Merger or Consolidation of, or Assumption of the
Obligations of, the Servicer or the Depositor.

          Any entity into which the Servicer or the Depositor may be merged or
consolidated, or any entity resulting from any merger, conversion or
consolidation to which the Servicer or the Depositor shall be a party, or any
corporation succeeding to the business of the Servicer or the Depositor, shall
be the successor of the Servicer or the Depositor, as the case may be,
hereunder, without the execution or filing of any paper or any further act on
the part of any of the parties hereto, anything herein to the contrary
notwithstanding; provided, however, that the successor servicer shall satisfy
all the requirements of Section 7.02 with respect to the qualifications of a
successor servicer.

          Section 6.03   Limitation on Liability of the Servicer and Others.

          None of the Depositor, the Servicer, or any directors, officers,
employees or agents of the Depositor or the Servicer shall be under any
liability to the Trust or the Certificateholders for any action taken or for
refraining from the taking of any action, in good faith pursuant to this
Agreement, or for errors in judgment; provided, however, that this provision
shall not protect the Depositor or the Servicer or any such Person against any
liability which would otherwise be imposed by reason of any breach of
representations or warranties made by such party herein or against any specific
liability imposed on the Servicer for a breach of the Servicing Standard and/or
this Agreement, or against any liability that would otherwise be imposed by
reason of its respective willful misfeasance, bad faith, fraud or negligence in
the performance of its duties or by reason of its negligent disregard of its
respective obligations and duties hereunder; provided, further, that this
provision shall not be construed to entitle the Servicer to indemnity in the
event that amounts advanced by the Servicer to retire any senior lien exceed
Liquidation Proceeds (in excess of related liquidation expenses) realized with
respect to the related Mortgage Loan. The Depositor, the Servicer and any
director, officer, employee or

                                      -112-
<PAGE>

agent of the Depositor or the Servicer, may rely in good faith on any document
of any kind which, prima facie, is properly executed and submitted by any
appropriate Person with respect to any matters arising hereunder. The Depositor,
the Servicer and any director, officer, employee or agent of the Depositor or
the Servicer shall be indemnified and held harmless by the Trust against any
loss, liability or expense incurred in connection with any legal action relating
to this Agreement or the Certificates, other than any loss, liability or expense
incurred in connection with any legal action incurred by reason of its
respective misfeasance, bad faith, fraud or negligence, a breach of a
representation or warranty made by such party hereunder or (in the case of the
Servicer) a breach of the Servicing Standard in the performance of its
respective duties or by reason of negligent disregard of its respective
obligations or duties hereunder. Neither the Depositor nor the Servicer shall be
under any obligation to appear in, prosecute or defend any legal action unless
such action is related to its respective duties under this Agreement and in its
opinion does not expose it to any expense or liability; provided, however, that
the Depositor or the Servicer may in their discretion undertake any action
related to their obligations hereunder which they may deem necessary or
desirable with respect to this Agreement and the rights and duties of the
parties hereto and the interests of the Certificateholders hereunder. In such
event, the reasonable legal expenses and costs of such action and any liability
resulting therefrom shall be expenses, costs and liabilities of the Trust and
the Servicer shall be entitled to pay such expenses from the proceeds of the
Trust or to be reimbursed therefor pursuant to Section 3.05(a) upon presentation
to the Trustee of documentation of such expenses, costs and liabilities. The
Servicer's right to indemnity or reimbursement pursuant to this Section shall
survive any resignation or termination of the Servicer pursuant to Section 6.04
or 7.01 with respect to any losses, expenses, costs or liabilities arising prior
to such resignation or termination (or arising from events that occurred prior
to such resignation or termination).

          Section 6.04   Servicer Not to Resign.

          Subject to the provisions of Section 7.01 and Section 6.02, the
Servicer shall not resign from the obligations and duties hereby imposed on it
except (i) upon determination that the performance of its obligations or duties
hereunder are no longer permissible under applicable law or are in material
conflict by reason of applicable law with any other activities carried on by it
or its subsidiaries or Affiliates, the other activities of the Servicer so
causing such a conflict being of a type and nature carried on by the Servicer or
its subsidiaries or Affiliates at the date of this Agreement or (ii) upon
satisfaction of the following conditions: (a) the Servicer has proposed a
successor servicer to the Trustee and the NIMS Insurer in writing and such
proposed successor servicer is reasonably acceptable to the Trustee and the NIMS
Insurer; and (b) each Rating Agency shall have delivered a letter to the Trustee
and the NIMS Insurer prior to the appointment of the successor servicer stating
that the proposed appointment of such successor servicer as Servicer hereunder
will not result in the reduction or withdrawal of the then current rating of the
Regular Certificates or the ratings that are in effect; provided, however, that
no such resignation by the Servicer shall become effective until such successor
servicer or, in the case of (i) above, the Trustee shall have assumed the
Servicer's responsibilities and obligations hereunder or the Trustee shall have
designated a successor servicer in accordance with Section 7.02. Any such
resignation shall not relieve the Servicer of responsibility for any of the
obligations specified in Sections 7.01 and 7.02 as obligations that survive the
resignation or termination of the Servicer. Any such determination permitting
the resignation of the Servicer

                                      -113-
<PAGE>

shall be evidenced by an Opinion of Counsel to such effect delivered to the
Trustee and the NIMS Insurer.

          Section 6.05   Delegation of Duties.

          (a)     In the ordinary course of business, the Servicer at any time
may delegate any of its duties hereunder to any Person, including any of its
Affiliates, who agrees to conduct such duties in accordance with standards
comparable to those set forth in Section 3.01. Such delegation shall not relieve
the Servicer of its liabilities and responsibilities with respect to such duties
and shall not constitute a resignation within the meaning of Section 6.04. The
Servicer shall provide the Trustee, the NIMS Insurer and the Rating Agencies
with 60 days prior written notice prior to the delegation of any of its duties
to any Person other than any of the Servicer's Affiliates or their respective
successors and assigns.

          (b)     The Servicer is hereby authorized, with the consent of the
NIMS Insurer, to enter into a financing or other facility (any such arrangement,
an "Advance Facility") under which (1) the Servicer assigns or pledges to
another Person (together with such Person's successors and assigns, an
"Advancing Person") the Servicer's rights under this Agreement to be reimbursed
for any Advances or Servicing Advances and/or (2) an Advancing Person agrees to
fund some or all Advances and/or Servicing Advances required to be made by the
Servicer pursuant to this Agreement. The Servicer shall notify each other party
to this Agreement prior to or promptly after entering into or terminating any
Advance Facility. Notwithstanding the existence of any Advance Facility under
which an Advancing Person agrees to fund Advances and/or Servicing Advances on
the Servicer's behalf, the Servicer shall remain obligated pursuant to this
Agreement to make Advances and Servicing Advances pursuant to and as required by
this Agreement. If the Servicer enters into an Advance Facility, and for so long
as an Advancing Person remains entitled to receive reimbursement for any
Advances and/or Servicing Advances, as applicable, pursuant to this Agreement,
then the Servicer shall not be permitted to reimburse itself for Advances and/or
Servicing Advances, but instead the Servicer shall be required to remit amounts
collected that would otherwise be retained by the Servicer to reimburse it for
the amount of previously unreimbursed Advances ("Advance Reimbursements") and/or
previously unreimbursed Servicing Advances ("Servicing Advance Reimbursements"
and together with Advance Reimbursements, "Reimbursements") (in each case to the
extent such type of Reimbursements are included in the Advance Facility) in
accordance with the documentation establishing the Advance Facility to such
Advancing Person or to a trustee, agent or custodian (an "Advance Facility
Trustee") designated by such Advancing Person. Notwithstanding anything to the
contrary herein, in no event shall Advance Reimbursements or Servicing Advance
Reimbursements be included in the "Available Funds" or distributed to
Certificateholders. If the terms of a facility proposed to be entered into with
an Advancing Person by the Servicer would not materially and adversely affect
the interests of any Certificateholder, then the NIMS Insurer shall not withhold
its consent to the Servicer's entering such facility.

          To the extent that an Advancing Person is entitled to any
Reimbursements, the Servicer shall provide to the Trustee an Officers'
Certificate which shall specify the amount of such Reimbursement, the applicable
Remittance Date, the Section of this Agreement that permits the applicable
Reimbursement to be paid and the section of the Advance Facility documentation

                                      -114-
<PAGE>

that entitles the Advancing Person to request reimbursement from the Trustee,
rather than the Servicer. Reimbursements shall consist solely of amounts in
respect of Advances and/or Servicing Advances made with respect to the Mortgage
Loans for which the Servicer would be permitted to reimburse itself in
accordance with this Agreement, assuming the Servicer had made the related
Advance(s) and/or Servicing Advance(s). Notwithstanding the foregoing, no Person
shall be entitled to reimbursement from funds held in the Collection Account for
future distribution to Certificateholders pursuant to this Agreement. None of
the Depositor or the Trustee shall have any duty or liability with respect to
the calculation or payment of any Reimbursements, nor shall the Depositor or the
Trustee have any responsibility to track or monitor the administration of the
Advance Facility or the payment of Reimbursements to the related Advancing
Person or Advance Facility Trustee. The Servicer shall maintain and provide to
any successor servicer and (upon request) the Trustee a detailed accounting on a
loan by loan basis as to amounts advanced by, pledged or assigned to, and
reimbursed to any Advancing Person. The successor servicer shall be entitled to
rely on any such information provided by the predecessor servicer, and the
successor servicer shall not be liable for any errors in such information.

          An Advancing Person who receives an assignment or pledge of the rights
to be reimbursed for Advances and/or Servicing Advances, and/or whose
obligations hereunder are limited to the funding of Advances and/or Servicing
Advances shall not be required to meet the criteria for qualification of a
subservicer set forth in this Agreement.

          The documentation establishing any Advance Facility shall require that
Reimbursements distributed with respect to each Mortgage Loan be allocated to
outstanding unreimbursed Advances or Servicing Advances (as the case may be)
made with respect to that Mortgage Loan on a "first in, first out" (FIFO) basis.
Such documentation shall also require the Servicer to provide to the related
Advancing Person or Advance Facility Trustee loan by loan information with
respect to each Reimbursement distributed to such Advancing Person or Advance
Facility Trustee on each Distribution Date, to enable the Advancing Person or
Advance Facility Trustee to make the FIFO allocation of each Reimbursement with
respect to each Mortgage Loan. The Servicer shall remain entitled to be
reimbursed by the Advancing Person or Advance Facility Trustee for all Advances
and Servicing Advances funded by the Servicer to the extent the related rights
to be reimbursed therefor have not been assigned or pledged to an Advancing
Person.

          The Servicer shall indemnify the Depositor, the Trustee, the NIMS
Insurer, any successor servicer and the Trust Fund resulting from any claim by
the related Advancing Person, except to the extent that such claim, loss,
liability or damage resulted from or arose out of negligence, recklessness or
willful misconduct on the part of the Depositor, the Trustee or any successor
servicer.

          Any amendment to this Section 6.05(b) or to any other provision of
this Agreement that may be necessary or appropriate to effect the terms of an
Advance Facility as described generally in this Section 6.05(b), including
amendments to add provisions relating to a successor servicer, may be entered
into by the Trustee, the Depositor and the Servicer without the consent of any
Certificateholder but with the consent of the NIMS Insurer, provided such
amendment complies with Section 11.01 hereof. All reasonable costs and expenses
(including

                                      -115-
<PAGE>

attorneys' fees) of each party hereto of any such amendment shall be borne
solely by the Servicer. Prior to entering into an Advance Facility, the Servicer
shall notify the lender under such facility in writing that: (a) the Advances
and/or Servicing Advances financed by and/or pledged to the lender are
obligations owed to the Servicer on a non-recourse basis payable only from the
cash flows and proceeds received under this Agreement for reimbursement of
Advances and/or Servicing Advances only to the extent provided herein, and the
Trustee and the Trust are not otherwise obligated or liable to repay any
Advances and/or Servicing Advances financed by the lender; (b) the Servicer will
be responsible for remitting to the lender the applicable amounts collected by
it as reimbursement for Advances and/or Servicing Advances funded by the lender,
subject to the restrictions and priorities created in this Agreement; and (c)
the Trustee shall not have any responsibility to track or monitor the
administration of the financing arrangement between the Servicer and the lender.

                                   ARTICLE VII

                                     DEFAULT

          Section 7.01   Servicer Events of Termination.

          (a)     If any one of the following events ("Servicer Events of
Termination") shall occur and be continuing:

          (i)     (A) The failure by the Servicer to make any Advance or to pay
     Compensating Interest; or (B) any other failure by the Servicer to deposit
     in the Collection Accounts or remit to the Trustee for deposit in the
     Distribution Account any payment required to be made under the terms of
     this Agreement, which failure continues unremedied for a period of one
     Business Day after the first date on which (x) the Servicer has knowledge
     of such failure or (y) written notice of such failure is given to the
     Servicer; or

          (ii)    The failure by the Servicer to make any required Servicing
     Advance which failure continues unremedied for a period of 30 days, or the
     failure by the Servicer duly to observe or perform, in any material
     respect, any other covenants, obligations or agreements of the Servicer as
     set forth in this Agreement, which failure continues unremedied for a
     period of 30 days, after the date (A) on which written notice of such
     failure, requiring the same to be remedied, shall have been given to the
     Servicer by the Trustee or the NIMS Insurer or by any Holder of a Regular
     Certificate evidencing at least 25% of the Voting Rights or (B) actual
     knowledge of such failure by a Servicing Officer of the Servicer; or

          (iii)   The entry against the Servicer of a decree or order by a court
     or agency or supervisory authority having jurisdiction in the premises for
     the appointment of a trustee, conservator, receiver or liquidator in any
     insolvency, conservatorship, receivership, readjustment of debt,
     marshalling of assets and liabilities or similar proceedings, or for the
     winding up or liquidation of its affairs, and the continuance of any such
     decree or order unstayed and in effect for a period of 60 days; or

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          (iv)    The Servicer shall voluntarily go into liquidation, consent to
     the appointment of a conservator or receiver or liquidator or similar
     person in any insolvency, readjustment of debt, marshalling of assets and
     liabilities or similar proceedings of or relating to the Servicer or of or
     relating to all or substantially all of its property; or a decree or order
     of a court or agency or supervisory authority having jurisdiction in the
     premises for the appointment of a conservator, receiver, liquidator or
     similar person in any insolvency, readjustment of debt, marshalling of
     assets and liabilities or similar proceedings, or for the winding-up or
     liquidation of its affairs, shall have been entered against the Servicer
     and such decree or order shall have remained in force undischarged,
     unbonded or unstayed for a period of 60 days; or the Servicer shall admit
     in writing its inability to pay its debts generally as they become due,
     file a petition to take advantage of any applicable insolvency or
     reorganization statute, make an assignment for the benefit of its creditors
     or voluntarily suspend payment of its obligations; or

          (v)     Any reduction, withdrawal or qualification of the servicer
     rating of Servicer by any Rating Agency which results in the inability of
     Servicer to act as a primary or special servicer for or any mortgage-backed
     or asset-backed transaction rated or to be rated by any Rating Agency.

          (b)     Then, and in each and every such case, so long as a Servicer
Event of Termination shall not have been remedied within the applicable grace
period, (x) with respect solely to clause (i)(A) above, if such Advance is not
made by 2:00 P.M., New York time, on the Business Day immediately following the
Servicer Remittance Date, the Trustee may terminate all of the rights and
obligations of the Servicer under this Agreement and the Trustee, or a successor
servicer appointed in accordance with Section 7.02, shall immediately make such
Advance and assume, pursuant to Section 7.02, the duties of a successor servicer
and (y) in the case of clause (i)(B), (ii), (iii), (iv) and (v) above, the
Trustee shall, at the direction of the NIMS Insurer or Holders of each Class of
Regular Certificates evidencing Percentage Interests aggregating not less than
51%, by notice then given in writing to the Servicer (and to the Trustee if
given by Holders of Certificates), terminate all of the rights and obligations
of the Servicer as servicer under this Agreement. Any such notice to the
Servicer shall also be given to each Rating Agency, the NIMS Insurer and the
Depositor. On or after the receipt by the Servicer (and by the Trustee if such
notice is given by the Holders) of such written notice, all authority and power
of the Servicer under this Agreement, whether with respect to the Certificates
or the Mortgage Loans or otherwise, shall pass to and be vested in the Trustee
pursuant to and under this Section or successor servicer appointed in connection
with Section 7.02; and, without limitation, the Trustee or successor servicer is
hereby authorized and empowered to execute and deliver, on behalf of the
Servicer, as attorney-in-fact or otherwise, any and all documents and other
instruments, and to do or accomplish all other acts or things necessary or
appropriate to effect the purposes of such notice of termination, whether to
complete the transfer and endorsement of each Mortgage Loan and Related
Documents or otherwise. The Servicer agrees to cooperate with the Trustee (or
the applicable successor servicer) in effecting the termination of the
responsibilities and rights of the Servicer hereunder, including, without
limitation, the delivery to the Trustee (or the applicable successor servicer)
of all documents and records requested by it to enable it to assume the
Servicer's functions under this Agreement within ten Business Days subsequent to
such notice, the transfer within one Business Day subsequent to

                                      -117-
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such notice to the Trustee (or the applicable successor servicer) for the
administration by it of all cash amounts that shall at the time be held by the
Servicer and to be deposited by it in the Collection Accounts, the Distribution
Account or any Escrow Account or that have been deposited by the Servicer in
such accounts or thereafter received by the Servicer with respect to the
Mortgage Loans or any REO Property received by the Servicer. All reasonable
out-of-pocket costs and expenses (including attorneys' fees) incurred in
connection with transferring the servicing to the successor servicer and
amending this Agreement to reflect such succession as Servicer pursuant to this
Section shall be paid by the predecessor servicer (or if the predecessor
servicer is the Trustee, the initial servicer) upon presentation of reasonable
documentation of such costs and expenses, and if such predecessor Servicer
defaults in its obligation to pay such costs, such costs shall be paid by the
successor Servicer or the Trustee (in which case the successor Servicer or the
Trustee shall be entitled to reimbursement therefor from the assets of the
Trust).

          Notwithstanding any termination of the activities of a Servicer
hereunder, the Servicer shall be entitled to receive payment of all accrued and
unpaid Servicing Fees and reimbursement for all outstanding Advances and
Servicing Advances properly made prior to the date of termination in the manner
and at the times set forth herein.

          Section 7.02   Trustee to Act; Appointment of Successor.

          (a)     Within 90 days of the time the Servicer (and the Trustee, if
notice is sent by the Holders) receives a notice of termination pursuant to
Section 7.01 or 6.04, the Trustee (or such other successor servicer as is
approved in accordance with this Agreement) shall be the successor in all
respects to the Servicer in its capacity as servicer under this Agreement and
the transactions set forth or provided for herein and shall be subject to all
the responsibilities, duties and liabilities relating thereto placed on the
Servicer by the terms and provisions hereof arising on and after its succession.
As compensation therefor, the Trustee (or such other successor servicer) shall
be entitled to such compensation as the Servicer would have been entitled to
hereunder if no such notice of termination had been given. Notwithstanding the
above, (i) if the Trustee is unwilling to act as successor servicer or (ii) if
the Trustee is legally unable so to act, the Trustee shall appoint or petition a
court of competent jurisdiction to appoint, any established housing and home
finance institution, bank or other mortgage loan or home equity loan servicer
having a net worth of not less than $50,000,000 as the successor to the Servicer
hereunder in the assumption of all or any part of the responsibilities, duties
or liabilities of the Servicer hereunder; provided, that the appointment of any
such successor servicer will not result in the qualification, reduction or
withdrawal of the ratings assigned to the Certificates or the ratings that are
in effect by the Rating Agencies as evidenced by a letter to such effect from
the Rating Agencies and that, in the case of a successor servicer appointed by
the Trustee, such successor servicer is reasonably acceptable to the NIMS
Insurer. Pending appointment of a successor to the Servicer hereunder, unless
the Trustee is prohibited by law from so acting, the Trustee shall act in such
capacity as hereinabove provided. In connection with such appointment and
assumption, the successor shall be entitled to receive compensation out of
payments on Mortgage Loans in an amount equal to the compensation which the
Servicer would otherwise have received pursuant to Section 3.18 (or such other
compensation as the Trustee and such successor shall agree, not to exceed the
Servicing Fee). The successor servicer shall be entitled to withdraw from the
Trust Collection Account all costs and expenses associated with the transfer of
the servicing to the successor

                                      -118-
<PAGE>

servicer, including costs and expenses of the Trustee. The appointment of a
successor servicer shall not affect any liability of the predecessor servicer
which may have arisen under this Agreement prior to its termination as Servicer
to pay any deductible under an insurance policy pursuant to Section 3.12 or to
indemnify the parties indicated in Section 3.26 pursuant to the terms thereof,
nor shall any successor servicer be liable for any acts or omissions of the
predecessor servicer or for any breach by such servicer of any of its
representations or warranties contained herein or in any related document or
agreement. The Trustee and such successor shall take such action, consistent
with this Agreement, as shall be necessary to effectuate any such succession.

          (b)     Any successor, including the Trustee, to the Servicer as
servicer shall during the term of its service as servicer continue to service
and administer the Mortgage Loans for the benefit of Certificateholders, and
maintain in force a policy or policies of insurance covering errors and
omissions in the performance of its obligations as Servicer hereunder and a
Fidelity Bond in respect of its officers, employees and agents to the same
extent as the Servicer is so required pursuant to Section 3.12.

          Section 7.03   Waiver of Defaults.

          The Holders of Certificates entitled to at least 66 2/3% of the Voting
Rights allocated to the Classes of Certificates affected by a Servicer Event of
Termination may, on behalf of all Certificateholders, and with the consent of
the NIMS Insurer, waive any events permitting removal of the Servicer as
servicer pursuant to this Article VII, provided, however, that such Holders may
not waive a default in making a required distribution on a Certificate without
the consent of the Holder of such Certificate and the NIMS Insurer. Upon any
waiver of a past default, such default shall cease to exist and any Servicer
Event of Termination arising therefrom shall be deemed to have been remedied for
every purpose of this Agreement. No such waiver shall extend to any subsequent
or other default or impair any right consequent thereto except to the extent
expressly so waived. Notice of any such waiver shall be given by the Trustee to
the Rating Agencies.

          Section 7.04   Notification to Certificateholders.

          (a)     On any termination or appointment of a successor to the
Servicer pursuant to this Article VII or Section 6.04, the Trustee shall give
prompt written notice thereof to the Certificateholders at their respective
addresses appearing in the Certificate Register, the NIMS Insurer and each
Rating Agency.

          (b)     No later than 60 days after the occurrence of any event which
constitutes or which, with notice or a lapse of time or both, would constitute a
Servicer Event of Termination for five Business Days after a Responsible Officer
of the Trustee becomes aware of the occurrence of such an event, the Trustee
shall transmit by mail to the NIMS Insurer and all Certificateholders notice of
such occurrence unless such default or Servicer Event of Termination shall have
been waived or cured. Such notice shall be given to the Rating Agencies promptly
after any such occurrence.

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          Section 7.05   Survivability of Servicer Liabilities.

          Notwithstanding anything herein to the contrary, upon termination of
the Servicer hereunder, any liabilities of the Servicer which accrued prior to
such termination shall survive such termination.

                                  ARTICLE VIII

                                   THE TRUSTEE

          Section 8.01   Duties of Trustee.

          The Trustee, prior to the occurrence of a Servicer Event of
Termination of which a Responsible Officer of the Trustee shall have actual
knowledge and after the curing of all Servicer Events of Termination which may
have occurred, undertakes to perform such duties and only such duties as are
specifically set forth in this Agreement. If a Servicer Event of Termination has
occurred (which has not been cured) of which a Responsible Officer has actual
knowledge, the Trustee shall exercise such of the rights and powers vested in it
by this Agreement, and use the same degree of care and skill in their exercise,
as a prudent person would exercise or use under the circumstances in the conduct
of such person's own affairs.

          The Trustee, upon receipt of all resolutions, certificates,
statements, opinions, reports, documents, orders or other instruments furnished
to the Trustee which are specifically required to be furnished pursuant to any
provision of this Agreement, shall examine them to determine whether they
conform to the requirements of this Agreement; provided, however, that that the
Trustee shall not be responsible for the accuracy or content of any resolution,
certificate, statement, opinion, report, document, order or other instrument
furnished by the Servicer, the Seller, the NIMS Insurer or the Depositor
hereunder. If any such instrument is found not to conform in any material
respect to the requirements of this Agreement, the Trustee shall notify the
Certificateholders of such instrument in the event that the Trustee, after so
requesting, does not receive a satisfactorily corrected instrument.

          No provision of this Agreement shall be construed to relieve the
Trustee from liability for its own negligent action, its own negligent failure
to act or its own misconduct; provided, however, that:

          (i)     prior to the occurrence of a Servicer Event of Termination of
     which a Responsible Officer of the Trustee shall have actual knowledge, and
     after the curing of all such Servicer Events of Termination which may have
     occurred, the duties and obligations of the Trustee shall be determined
     solely by the express provisions of this Agreement, the Trustee shall not
     be liable except for the performance of such duties and obligations as are
     specifically set forth in this Agreement, no implied covenants or
     obligations shall be read into this Agreement against the Trustee and, in
     the absence of bad faith on the part of the Trustee, the Trustee may
     conclusively rely, as to the truth of the statements and the correctness of
     the opinions expressed therein, upon any certificates or opinions furnished
     to the Trustee and conforming to the requirements of this Agreement;

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<PAGE>

          (ii)    the Trustee shall not be personally liable for an error of
     judgment made in good faith by a Responsible Officer of the Trustee, unless
     it shall be proved that the Trustee was negligent in ascertaining or
     investigating the facts related thereto;

          (iii)   the Trustee shall not be personally liable with respect to any
     action taken, suffered or omitted to be taken by it in good faith in
     accordance with the direction of the NIMS Insurer or the Majority
     Certificateholders relating to the time, method and place of conducting any
     proceeding for any remedy available to the Trustee or exercising or
     omitting to exercise any trust or power conferred upon the Trustee under
     this Agreement; and

          (iv)    the Trustee shall not be charged with knowledge of any failure
     by the Servicer to comply with the obligations of the Servicer referred to
     in clauses (i) and (ii) of Section 7.01(a) or any Servicer Event of
     Termination unless a Responsible Officer of the Trustee at the Corporate
     Trust Office obtains actual knowledge of such failure or the Trustee
     receives written notice of such failure from the Servicer, the NIMS Insurer
     or the Majority Certificateholders. In the absence of such receipt of such
     notice, the Trustee may conclusively assume that there is no Servicer Event
     of Termination.

          The Trustee shall not be required to expend or risk its own funds or
otherwise incur financial liability in the performance of any of its duties
hereunder, or in the exercise of any of its rights or powers, if there is
reasonable ground for believing that the repayment of such funds or adequate
indemnity against such risk or liability is not reasonably assured to it, and
none of the provisions contained in this Agreement shall in any event require
the Trustee to perform, or be responsible for the manner of performance of, any
of the obligations of the Servicer under this Agreement, except during such
time, if any, as the Trustee shall be the successor to, and be vested with the
rights, duties, powers and privileges of, the Servicer in accordance with the
terms of this Agreement.

          The Trustee shall not have any duty (A) to see any recording, filing,
or depositing of this Agreement or any agreement referred to herein or any
financing statement or continuation statement evidencing a security interest, or
to see to the maintenance of any such recording or filing or depositing or to
any rerecording, refiling or redepositing of any thereof, (B) to see to any
insurance or (C) to see to the payment or discharge of any tax, assessment, or
other governmental charge or any lien or encumbrance of any kind owing with
respect to, assessed or levied against, any part of the Trust Fund other than
from funds available in the Distribution Account.

          The Trustee shall have no duty hereunder with respect to any
complaint, claim, demand, notice or other document it may receive or which may
be alleged to have been delivered to or served upon it by any third party as a
consequence of the assignment of any Mortgage Loan hereunder; provided, however,
that the Trustee shall promptly remit to the Servicer upon receipt of any such
complaint, claim, demand, notice or other document (i) which is delivered to the
Trustee at its Corporate Trust Office; (ii) of which a Responsible Officer has
actual knowledge and (iii) which contains information sufficient to permit the
Trustee to make a determination that the real property to which such document
relates to is a Mortgaged Property.

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<PAGE>

          Section 8.02   Certain Matters Affecting the Trustee.

          Except as otherwise provided in Section 8.01:

          (a)     the Trustee may request and rely upon, and shall be protected
in acting or refraining from acting upon, any resolution, Officers' Certificate,
certificate of auditors or any other certificate, statement, instrument,
opinion, report, notice, request, consent, order, appraisal, bond or other paper
or document reasonably believed by it to be genuine and to have been signed or
presented by the proper party or parties;

          (b)     the Trustee may consult with counsel and any advice or Opinion
of Counsel shall be full and complete authorization and protection in respect of
any action taken or suffered or omitted by it hereunder in good faith and in
accordance with such advice or Opinion of Counsel;

          (c)     the Trustee shall not be under any obligation to exercise any
of the rights or powers vested in it by this Agreement, or to institute, conduct
or defend any litigation hereunder or in relation hereto, at the request, order
or direction of the Certificateholders or the NIMS Insurer pursuant to the
provisions of this Agreement, unless such Certificateholders or the NIMS Insurer
shall have offered to the Trustee reasonable security or indemnity against the
costs, expenses and liabilities which may be incurred therein or thereby; the
right of the Trustee to perform any discretionary act enumerated in this
Agreement shall not be construed as a duty, and the Trustee shall not be
answerable for other than its negligence or willful misconduct in the
performance of any such act;

          (d)     the Trustee shall not be personally liable for any action
taken, suffered or omitted by it in good faith and believed by it to be
authorized or within the discretion or rights or powers conferred upon it by
this Agreement;

          (e)     prior to the occurrence of a Servicer Event of Termination and
after the curing of all Servicer Events of Termination which may have occurred,
the Trustee shall not be bound to make any investigation into the facts or
matters stated in any resolution, certificate, statement, instrument, opinion,
report, notice, request, consent, order, approval, bond or other paper or
documents, unless requested in writing to do so by the Majority
Certificateholders or the NIMS Insurer; provided, however, that if the payment
within a reasonable time to the Trustee of the costs, expenses or liabilities
likely to be incurred by it in the making of such investigation is, in the
opinion of the Trustee, not reasonably assured to the Trustee by the security
afforded to it by the terms of this Agreement, the Trustee may require
reasonable indemnity against such cost, expense or liability as a condition to
such proceeding. The reasonable expense of every such examination shall be paid
by the Servicer or, if paid by the Trustee, shall be reimbursed by the Servicer
upon demand. Nothing in this clause (e) shall derogate from the obligation of
the Servicer to observe any applicable law prohibiting disclosure of information
regarding the Mortgagors;

          (f)     the Trustee shall not be accountable, have any liability or
make any representation as to any acts or omissions hereunder of the Servicer
until such time as the Trustee may be required to act as Servicer pursuant to
Section 7.02;

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<PAGE>

          (g)     the Trustee may execute any of the trusts or powers hereunder
or perform any duties hereunder either directly or by or through agents or
attorneys or a custodian and the Trustee shall not be responsible for any
misconduct or negligence on the part of any such agent, attorney or custodian
appointed by it with due care; and

          (h)     the right of the Trustee to perform any discretionary act
enumerated in this Agreement shall not be construed as a duty, and the Trustee
shall not be answerable for other than its negligence or willful misconduct in
the performance of such act.

          Section 8.03   Trustee Not Liable for Certificates or Mortgage Loans.

          The recitals contained herein and in the Certificates (other than the
authentication of the Trustee on the Certificates) shall be taken as the
statements of the Depositor, and the Trustee assumes no responsibility for the
correctness of the same. The Trustee makes no representations as to the validity
or sufficiency of this Agreement or of the Certificates (other than the
signature and authentication of the Trustee on the Certificates) or of any
Mortgage Loan or Related Document. The Trustee shall not be accountable for the
use or application by the Servicer, or for the use or application of any funds
paid to the Servicer in respect of the Mortgage Loans or deposited in or
withdrawn from the Collection Accounts by the Servicer. The Trustee shall not at
any time have any responsibility or liability for or with respect to the
legality, validity and enforceability of any Mortgage or any Mortgage Loan, or
the perfection and priority of any Mortgage or the maintenance of any such
perfection and priority, or for or with respect to the sufficiency of the Trust
or its ability to generate the payments to be distributed to Certificateholders
under this Agreement, including, without limitation: the existence, condition
and ownership of any Mortgaged Property; the existence and enforceability of any
hazard insurance thereon (other than if the Trustee shall assume the duties of
the Servicer pursuant to Section 7.02); the validity of the assignment of any
Mortgage Loan to the Trustee or of any intervening assignment; the completeness
of any Mortgage Loan; the performance or enforcement of any Mortgage Loan (other
than if the Trustee shall assume the duties of the Servicer pursuant to Section
7.02); the compliance by the Depositor or the Servicer with any warranty or
representation made under this Agreement or in any related document or the
accuracy of any such warranty or representation prior to the Trustee's receipt
of notice or other discovery of any non-compliance therewith or any breach
thereof; any investment of monies by or at the direction of the Servicer or any
loss resulting therefrom, it being understood that the Trustee shall remain
responsible for any Trust property that it may hold in its individual capacity;
the acts or omissions of any of the Servicer (other than if the Trustee shall
assume the duties of the Servicer pursuant to Section 7.02), or any Mortgagor;
any action of the Servicer (other than if the Trustee shall assume the duties of
the Servicer pursuant to Section 7.02), taken in the name of the Trustee; the
failure of the Servicer to act or perform any duties required of it as agent of
the Trustee hereunder; or any action by the Trustee taken at the instruction of
the Servicer (other than if the Trustee shall assume the duties of the Servicer
pursuant to Section 7.02); provided, however, that the foregoing shall not
relieve the Trustee of its obligation to perform its duties under this
Agreement. The Trustee shall not have any responsibility for filing any
financing or continuation statement in any public office at any time or to
otherwise perfect or maintain the perfection of any security interest or lien
granted to it hereunder.

                                      -123-
<PAGE>

          Section 8.04   Trustee May Own Certificates.

          The Trustee in its individual or any other capacity may become the
owner or pledgee of Certificates with the same rights as it would have if it
were not Trustee and may transact any banking and trust business with the
Servicer, the Depositor or their respective Affiliates.

          Section 8.05   Trustee Expenses.

          The Trust shall reimburse the Trustee for all reasonable expenses and
disbursements incurred or made by the Trustee, and for any advances made as
successor servicer, in accordance with any of the provisions of this Agreement
(including the reasonable compensation and the expenses and disbursements of its
counsel and of all persons not regularly in its employ) except any such expense,
disbursement or advance as may arise from its negligence or bad faith or which
is the responsibility of Certificateholders or the Trustee hereunder. In
addition, the Trustee and its officers, directors, employees and agents shall be
indemnified by the Trust from, and held harmless against, any and all losses,
liabilities, damages, claims or expenses incurred in connection with any legal
action relating to this Agreement or the Certificates, other than (i) any loss,
liability or expense incurred by reason of willful misfeasance, bad faith or
negligence of the Trustee in the performance of its duties hereunder or by
reason of the Trustee's reckless disregard of obligations and duties hereunder
and (ii) to the extent such indemnification is required to be provided by the
Servicer pursuant to Section 3.26. This Section shall survive termination of
this Agreement or the resignation or removal of any Trustee hereunder. Anything
in this Agreement to the contrary notwithstanding, in no event shall the Trustee
be liable for special, indirect or consequential loss or damage of any kind
whatsoever (including, but not limited to, lost profits) even if the Trustee has
been advised of the likelihood of such loss or damage and regardless of the form
of action.

          Section 8.06   Eligibility Requirements for Trustee.

          The Trustee hereunder shall at all times be an entity duly organized
and validly existing under the laws of the United States of America or any state
thereof, authorized under such laws to exercise corporate trust powers, having a
combined capital and surplus of at least $50,000,000 and a minimum long-term
debt rating of "BBB" by Fitch and S&P and subject to supervision or examination
by federal or state authority. If such entity publishes reports of condition at
least annually, pursuant to law or to the requirements of the aforesaid
supervising or examining authority, then for the purposes of this Section 8.06,
the combined capital and surplus of such entity shall be deemed to be its
combined capital and surplus as set forth in its most recent report of condition
so published. The principal office of the Trustee (other than the initial
Trustee) shall be in a state with respect to which an Opinion of Counsel has
been delivered to such Trustee at the time such Trustee is appointed Trustee to
the effect that the Trust will not be a taxable entity under the laws of such
state. In case at any time the Trustee shall cease to be eligible in accordance
with the provisions of this Section 8.06, the Trustee shall resign immediately
in the manner and with the effect specified in Section 8.07.

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          Section 8.07   Resignation or Removal of Trustee.

          The Trustee may at any time resign and be discharged from the trusts
hereby created by giving written notice thereof to the Depositor, the Servicer,
the NIMS Insurer and each Rating Agency. Upon receiving such notice of
resignation, the Depositor shall promptly appoint a successor Trustee reasonably
acceptable to the NIMS Insurer by written instrument, in duplicate, one copy of
which instrument shall be delivered to the resigning Trustee and one copy to the
successor Trustee. If no successor Trustee shall have been so appointed and
having accepted appointment within 30 days after the giving of such notice of
resignation, the resigning Trustee may petition any court of competent
jurisdiction for the appointment of a successor Trustee.

          If at any time the Trustee shall cease to be eligible in accordance
with the provisions of Section 8.06 and shall fail to resign after written
request therefor by the Depositor or the NIMS Insurer, or if at any time the
Trustee shall be legally unable to act, or shall be adjudged a bankrupt or
insolvent, or a receiver of the Trustee or of their property shall be appointed,
or any public officer shall take charge or control of the Trustee or of their
property or affairs for the purpose of rehabilitation, conservation or
liquidation, then the Depositor or the NIMS Insurer may remove the Trustee. If
the Depositor or the NIMS Insurer removes the Trustee under the authority of the
immediately preceding sentence, the Depositor or the NIMS Insurer, as the case
may be, shall promptly appoint a successor Trustee (reasonably acceptable to the
NIMS Insurer if appointed by the Depositor) by written instrument, in duplicate,
one copy of which instrument shall be delivered to the Trustee so removed and
one copy to the successor Trustee.

          The Majority Certificateholders or the NIMS Insurer may at any time
remove the Trustee by written instrument or instruments delivered to the
Servicer, the Depositor, the NIMS Insurer and the Trustee; the Depositor shall
thereupon use its best efforts to appoint a successor Trustee reasonably
acceptable to the NIMS Insurer in accordance with this Section.

          Any resignation or removal of the Trustee and appointment of a
successor Trustee pursuant to any of the provisions of this Section 8.07 shall
not become effective until acceptance of appointment by the successor Trustee as
provided in Section 8.08.

          Section 8.08   Successor Trustee.

          Any successor Trustee appointed as provided in Section 8.07 shall
execute, acknowledge and deliver to the Depositor, the NIMS Insurer, the Rating
Agencies, the Servicer and to its predecessor Trustee an instrument accepting
such appointment hereunder, and thereupon the resignation or removal of the
predecessor Trustee shall become effective, and such successor Trustee, without
any further act, deed or conveyance, shall become fully vested with all the
rights, powers, duties and obligations of its predecessor hereunder, with like
effect as if originally named as Trustee. The Depositor, the Servicer and the
predecessor Trustee shall execute and deliver such instruments and do such other
things as may reasonably be required for fully and certainly vesting and
confirming in the successor Trustee all such rights, powers, duties and
obligations.

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<PAGE>

          No successor Trustee shall accept appointment as provided in this
Section 8.08 unless at the time of such acceptance such successor Trustee shall
be eligible under the provisions of Section 8.06 and the appointment of such
successor Trustee shall not result in a downgrading of the Regular Certificates
by either Rating Agency, as evidenced by a letter from each Rating Agency.

          Upon acceptance of appointment by a successor Trustee as provided in
this Section 8.08, the successor Trustee shall mail notice of the appointment of
a successor Trustee hereunder to all Holders of Certificates at their addresses
as shown in the Certificate Register and to each Rating Agency.

          Section 8.09   Merger or Consolidation of Trustee.

          Any entity into which the Trustee may be merged or converted or with
which it may be consolidated, or any entity resulting from any merger,
conversion or consolidation to which the Trustee shall be a party, or any entity
succeeding to the business of the Trustee, shall be the successor of the
hereunder, provided such entity shall be eligible under the provisions of
Section 8.06 and 8.08, without the execution or filing of any paper or any
further act on the part of any of the parties hereto, anything herein to the
contrary notwithstanding.

          Section 8.10   Appointment of Co-Trustee or Separate Trustee.

          Notwithstanding any other provisions of this Agreement, at any time,
for the purpose of meeting any legal requirements of any jurisdiction in which
any part of the Trust or any Mortgaged Property may at the time be located, the
Depositor and the Trustee acting jointly shall have the power and shall execute
and deliver all instruments to appoint one or more Persons approved by the
Trustee and the NIMS Insurer to act as co-trustee or co-trustees, jointly with
the Trustee, or separate trustee or separate trustees, of all or any part of the
Trust, and to vest in such Person or Persons, in such capacity and for the
benefit of the Certificateholders, such title to the Trust, or any part thereof,
and, subject to the other provisions of this Section 8.10, such powers, duties,
obligations, rights and trusts as the Servicer and the Trustee may consider
necessary or desirable. Any such co-trustee or separate trustee shall be subject
to the written approval of the Servicer and the NIMS Insurer. If the Servicer
and the NIMS Insurer shall not have joined in such appointment within 15 days
after the receipt by it of a request so to do, or in the case a Servicer Event
of Termination shall have occurred and be continuing, the Trustee alone shall
have the power to make such appointment. No co-trustee or separate trustee
hereunder shall be required to meet the terms of eligibility as a successor
Trustee under Section 8.06, and no notice to Certificateholders of the
appointment of any co-trustee or separate trustee shall be required under
Section 8.08.

          Every separate trustee and co-trustee shall, to the extent permitted
by law, be appointed and act subject to the following provisions and conditions:

          (i)  all rights, powers, duties and obligations conferred or imposed
     upon the Trustee shall be conferred or imposed upon and exercised or
     performed by the Trustee and such separate trustee or co-trustee jointly
     (it being understood that such separate trustee or co-trustee is not
     authorized to act separately without the Trustee joining in such

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     act), except to the extent that under any law of any jurisdiction in which
     any particular act or acts are to be performed (whether as Trustee
     hereunder or as successor to the Servicer hereunder), the Trustee shall be
     incompetent or unqualified to perform such act or acts, in which event such
     rights, powers, duties and obligations (including the holding of title to
     the Trust or any portion thereof in any such jurisdiction) shall be
     exercised and performed singly by such separate trustee or co-trustee, but
     solely at the direction of the Trustee;

          (ii)    no trustee hereunder shall be held personally liable by reason
     of any act or omission of any other trustee hereunder; and

          (iii)   the Servicer and the Trustee, acting jointly may at any time
     accept the resignation of or remove any separate trustee or co-trustee
     except that following the occurrence of a Servicer Event of Termination,
     the Trustee acting alone may accept the resignation or remove any separate
     trustee or co-trustee.

          Any notice, request or other writing given to the Trustee shall be
deemed to have been given to each of the then separate trustees and co-trustees,
as effectively as if given to each of them. Every instrument appointing any
separate trustee or co-trustee shall refer to this Agreement and the conditions
of this Article VIII. Each separate trustee and co-trustee, upon its acceptance
of the trusts conferred, shall be vested with the estates or property specified
in its instrument of appointment, either jointly with the Trustee or separately,
as may be provided therein, subject to all the provisions of this Agreement,
specifically including every provision of this Agreement relating to the conduct
of, affecting the liability of, or affording protection to, the Trustee. Every
such instrument shall be filed with the Trustee and a copy thereof given to the
Depositor, the NIMS Insurer, the Rating Agencies and the Servicer.

          Any separate trustee or co-trustee may, at any time, constitute the
Trustee, its agent or attorney-in-fact, with full power and authority, to the
extent not prohibited by law, to do any lawful act under or in respect of this
Agreement on its behalf and in its name. If any separate trustee or co-trustee
shall die, become incapable of acting, resign or be removed, all of its estates,
properties, rights, remedies and trusts shall vest in and be exercised by the
Trustee, to the extent permitted by law, without the appointment of a new or
successor Trustee.

          Section 8.11   Limitation of Liability.

          The Certificates are executed by the Trustee, not in its individual
capacity but solely as Trustee of the Trust, in the exercise of the powers and
authority conferred and vested in it by this Agreement. Each of the undertakings
and agreements made on the part of the Trustee in the Certificates is made and
intended not as a personal undertaking or agreement by the Trustee but is made
and intended for the purpose of binding only the Trust.

          Section 8.12   Trustee May Enforce Claims Without Possession of
Certificates.

          (a)     All rights of action and claims under this Agreement or the
Certificates may be prosecuted and enforced by the Trustee without the
possession of any of the Certificates or the production thereof in any
proceeding relating thereto, and such proceeding instituted by the Trustee shall
be brought in its own name or in its capacity as Trustee for the benefit of all
Holders of such Certificates, subject to the provisions of this Agreement. Any
recovery of

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judgment shall, after provision for the payment of the reasonable compensation,
expenses, disbursement and advances of the Trustee, its agents and counsel, be
for the ratable benefit of the Certificateholders in respect of which such
judgment has been recovered.

          (b)     The Trustee shall afford the Depositor, the Servicer, the NIMS
Insurer and each Certificateholder upon reasonable notice during normal business
hours, access to all records maintained by the Trustee in respect of its duties
hereunder and access to officers of the Trustee responsible for performing such
duties. The Trustee shall cooperate fully with the Servicer, the NIMS Insurer,
the Depositor and such Certificateholder and shall make available to the
Servicer, the NIMS Insurer, the Depositor and such Certificateholder for review
and copying at the expense of the party requesting such copies, such books,
documents or records as may be requested with respect to the Trustee's duties
hereunder. The Depositor, the Servicer, the NIMS Insurer and the
Certificateholders shall not have any responsibility or liability for any action
or failure to act by the Trustee and are not obligated to supervise the
performance of the Trustee under this Agreement or otherwise.

          Section 8.13   Suits for Enforcement.

          In case a Servicer Event of Termination or other default by the
Servicer hereunder shall occur and be continuing, the Trustee may proceed to
protect and enforce its rights and the rights of the Certificateholders under
this Agreement by a suit, action or proceeding in equity or at law or otherwise,
whether for the specific performance of any covenant or agreement contained in
this Agreement or in aid of the execution of any power granted in this Agreement
or for the enforcement of any other legal, equitable or other remedy, as the
Trustee, being advised by counsel, and subject to the foregoing, shall deem most
effectual to protect and enforce any of the rights of the Trustee and the
Certificateholders.

          Section 8.14   Waiver of Bond Requirement.

          The Trustee shall be relieved of, and each Certificateholder hereby
waives, any requirement of any jurisdiction in which the Trust, or any part
thereof, may be located that the Trustee post a bond or other surety with any
court, agency or body whatsoever.

          Section 8.15   Waiver of Inventory, Accounting and Appraisal
Requirement.

          The Trustee shall be relieved of, and each Certificateholder hereby
waives, any requirement of any jurisdiction in which the Trust, or any part
thereof, may be located that the Trustee file any inventory, accounting or
appraisal of the Trust with any court, agency or body at any time or in any
manner whatsoever.

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                                   ARTICLE IX

                     REMIC AND GRANTOR TRUST ADMINISTRATION

          Section 9.01   REMIC Administration.

          (a)     The Trustee shall make or cause to be made REMIC elections for
each of REMIC 1 and REMIC 2 as set forth in the Preliminary Statement on Forms
1066 or other appropriate federal tax or information return for the taxable year
ending on the last day of the calendar year in which the Certificates are
issued. The regular interests and residual interest in each REMIC shall be as
designated in the Preliminary Statement.

          (b)     The Closing Date is hereby designated as the "Startup Day" of
each REMIC within the meaning of section 860G(a)(9) of the Code.

          (c)     The Trustee shall pay any and all tax related expenses (not
including taxes) of each REMIC, including but not limited to any professional
fees or expenses related to audits or any administrative or judicial proceedings
with respect to such REMIC that involve the Internal Revenue Service or state
tax authorities, but only to the extent that (i) such expenses are ordinary or
routine expenses, including expenses of a routine audit but not expenses of
litigation (except as described in (ii)); or (ii) such expenses or liabilities
(including taxes and penalties) are attributable to the negligence or willful
misconduct of the Trustee in fulfilling its duties hereunder. The Trustee shall
be entitled to reimbursement of expenses to the extent provided in clause (i)
above from the Trust.

          (d)     The Trustee shall prepare or cause to be prepared, sign and
file or cause to be filed, each REMIC's federal and state tax and information
returns as such REMIC's direct representative. The expenses of preparing and
filing such returns shall be borne by the Trustee.

          (e)     The Holder of the Class R Certificate shall be the "tax
matters person" as defined in the REMIC Provisions (the "Tax Matters Person")
with respect to each REMIC, and the Trustee is irrevocably designated as and
shall act as attorney-in-fact and agent for such Tax Matters Person for each
REMIC. The Trustee, as agent for the Tax Matters Person, shall perform, on
behalf of each REMIC, all reporting and other tax compliance duties that are the
responsibility of such REMIC under the Code, the REMIC Provisions, or other
compliance guidance issued by the Internal Revenue Service or any state or local
taxing authority. Among its other duties, if required by the Code, the REMIC
Provisions, or other such guidance, the Trustee, as agent for the Tax Matters
Person, shall provide (i) to the Treasury or other governmental authority such
information as is necessary for the application of any tax relating to the
transfer of the Class R Certificate to any disqualified person or organization
and (ii) to the Certificateholders such information or reports as are required
by the Code or REMIC Provisions.

          (f)     The Trustee, the Servicer, and the Holders of Certificates
shall take any action or cause any REMIC formed under this Agreement to take any
action necessary to create or maintain the status of such REMIC as a REMIC under
the REMIC Provisions and shall assist each other as necessary to create or
maintain such status. None of the Trustee, the Servicer or the Holder of the
Class R Certificate shall take any action or cause any REMIC formed under

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<PAGE>

this Agreement to take any action or fail to take (or fail to cause to be taken)
any action that, under the REMIC Provisions, if taken or not taken, as the case
may be, could (i) endanger or cause the loss of the status of such REMIC as a
REMIC or (ii) result in the imposition of any tax upon such REMIC (including but
not limited to the tax on prohibited transactions as defined in Code Section
860F(a)(2) and the tax on prohibited contributions set forth on Section 860G(d)
of the Code) (either such event, an "Adverse REMIC Event") unless the Trustee,
the NIMS Insurer and the Servicer have received an Opinion of Counsel (at the
expense of the party seeking to take such action) to the effect that the
contemplated action will not endanger such status or result in the imposition of
such a tax. In addition, prior to taking any action with respect to any REMIC
formed under this Agreement or the assets therein, or causing such REMIC to take
any action, which is not expressly permitted under the terms of this Agreement,
any Holder of the Class R Certificate will consult with the Trustee, the NIMS
Insurer and the Servicer, or their respective designees, in writing, with
respect to whether such action could cause an Adverse REMIC Event to occur with
respect to such REMIC, and no such Person shall take any such action or cause
such REMIC to take any such action as to which the Trustee, the NIMS Insurer or
the Servicer has advised it in writing that an Adverse REMIC Event could occur.

          (g)     The Holder of the Class R Certificate shall pay when due any
and all taxes imposed on any REMIC formed under this Agreement by federal or
state governmental authorities, but only from amounts, if any, distributable
thereon. To the extent that such REMIC taxes are not paid by the Class R
Certificateholder, the Trustee shall pay any remaining REMIC taxes out of future
amounts otherwise distributable to the Holder of the Class R Certificate or, if
no such amounts are available, out of other amounts held in the Distribution
Account, and shall reduce amounts otherwise payable to Holders of the REMIC
Regular Interests or the Certificates, as the case may be.

          (h)     The Trustee, shall, for federal income tax purposes, maintain
or cause to be maintained books and records with respect to each REMIC formed
under this Agreement on a calendar year and on an accrual basis.

          (i)     No additional contributions of assets shall be made to any
REMIC, except as expressly provided in this Agreement with respect to Eligible
Substitute Mortgage Loans.

          (j)     Neither the Trustee nor the Servicer shall enter into any
arrangement by which any REMIC will receive a fee or other compensation for
services.

          (k)     The Trustee shall treat (i) the rights of the Class A and
Class M Certificates to receive Cap Carryover Amounts as a right in interest
rate cap contracts written by the Class CE Certificateholders in favor of the
Holders of the Class A and Class M Certificates and (ii) the rights of the Class
CE Certificates under the Class A Yield Maintenance Agreement, Class M-1, Class
M-2 and Class M-3 Yield Maintenance Agreement and Class M-4, Class M-5, Class
M-6 and Class M-7A Yield Maintenance Agreement in accordance with the respective
terms thereof and shall assign such rights for federal tax return and
information reporting a value of zero. The Trustee shall account for such as
property held separate and apart from the regular interests it holds in each of
the REMICs created hereunder. The provisions of this paragraph are intended to
satisfy the requirements of Treasury Regulations Section 1.860G-2(i) for the
treatment of property rights coupled with regular interests to be separately
respected and shall be

                                      -130-
<PAGE>

interpreted consistent with such regulation. On each Distribution Date, to the
extent the Class A and Class M Certificates receive interest in excess of their
Certificate Interest Rate, such interest will be treated as distributed to the
Class CE Certificates, together with any amounts deposited in the Class A
Reserve Account in respect of the Class A Yield Maintenance Agreement, the Class
M-1, Class M-2 and Class M-3 Reserve Account in respect of the Class M-1, Class
M-2 and Class M-3 Yield Maintenance Agreement and the Class M-4, Class M-5,
Class M-6 and Class M-7A Reserve Account in respect of the Class M-4, Class M-5,
Class M-6 and Class M-7A Yield Maintenance Agreement, and then paid to the
respective Class A and Class M Certificates pursuant to the related interest
rate cap agreement.

          Section 9.02   Prohibited Transactions and Activities.

          None of the Depositor, the Servicer or the Trustee shall sell, dispose
of, or substitute for any of the Mortgage Loans, except in a disposition
pursuant to (i) the foreclosure of a Mortgage Loan, (ii) the bankruptcy of the
Trust Fund, (iii) the termination of any REMIC pursuant to Article X of this
Agreement, (iv) a substitution pursuant to Article II of this Agreement, (v) a
repurchase of Mortgage Loans pursuant to Article II of this Agreement or (vi) an
optional purchase by the Servicer pursuant to Section 3.16 of this Agreement,
nor acquire any assets for any REMIC constituting part of the Trust Fund, nor
sell or dispose of any investments in the Distribution Account for gain, nor
accept any contributions to any REMIC constituting part of the Trust Fund after
the Closing Date, unless such party and the NIMS Insurer has received an Opinion
of Counsel (at the expense of the party causing such sale, disposition, or
substitution) that such disposition, acquisition, substitution, or acceptance
will not (a) affect adversely the status of such REMIC as a REMIC or of the
interests therein other than the Class R Certificate as the regular interests
therein, (b) affect the distribution of interest or principal on the
Certificates, (c) result in the encumbrance of the assets transferred or
assigned to the Trust Fund (except pursuant to the provisions of this Agreement)
or (d) cause such REMIC to be subject to a tax on prohibited transactions or
prohibited contributions pursuant to the REMIC Provisions.

          Section 9.03   Indemnification with Respect to Certain Taxes and Loss
of REMIC Status.

          In the event that any REMIC formed hereunder fails to qualify as a
REMIC, loses its status as a REMIC, or incurs federal, state or local taxes as a
result of a prohibited transaction or prohibited contribution under the REMIC
Provisions due to the negligent performance by the Servicer of its duties and
obligations set forth herein or is subject to any state or local taxes based on
the location of the Servicer, the Servicer shall indemnify the Holder of the
Class R Certificate against any and all losses, claims, damages, liabilities or
expenses ("Losses") resulting from such negligence; provided, however, that the
Servicer shall not be liable for any such Losses attributable to the action or
inaction of the Trustee, the Depositor or the Holder of the Class R Certificate,
as applicable, nor for any such Losses resulting from misinformation provided by
the Holder of the Class R Certificate on which the Servicer has relied. The
foregoing shall not be deemed to limit or restrict the rights and remedies of
the Holder of the Class R Certificate now or hereafter existing at law or in
equity. Notwithstanding the foregoing, however, in no event shall the Servicer
have any liability (1) for any action or omission that is taken in accordance
with and in compliance with the express terms of, or which is expressly
permitted by the terms of, this

                                      -131-
<PAGE>

Agreement, (2) for any Losses other than arising out of a negligent performance
by the Servicer of its duties and obligations set forth herein, and (3) for any
special or consequential damages to Certificateholders (in addition to payment
of principal and interest on the Certificates).

          Section 9.04   REO Property.

          (a)     Subject to compliance with applicable laws and regulations as
shall at any time be in force, and notwithstanding any other provision of this
Agreement, the Servicer, acting on behalf of the Trust hereunder, shall not
rent, lease, or otherwise earn income on behalf of any REMIC with respect to any
REO Property which might cause such REO Property to fail to qualify as
"foreclosure" property within the meaning of section 860G(a)(8) of the Code or
result in the receipt by any REMIC of any "income from non-permitted assets"
within the meaning of section 860F(a)(2) of the Code or any "net income from
foreclosure property" which is subject to tax under the REMIC Provisions unless
the Servicer has advised, or has caused the applicable Servicer to advise, the
Trustee in writing to the effect that, under the REMIC Provisions, such action
would not adversely affect the status of any REMIC as a REMIC and any income
generated for such REMIC by the REO Property would not result in the imposition
of a tax upon such REMIC.

          (b)     The Servicer shall make reasonable efforts to sell any REO
Property for its fair market value. In any event, however, the Servicer shall
dispose of any REO Property before the close of the third calendar year
beginning after the year of its acquisition by the Trust Fund unless the
Servicer has received a grant of extension from the Internal Revenue Service to
the effect that, under the REMIC Provisions and any relevant proposed
legislation and under applicable state law, any REMIC constituting part of the
Trust Fund may hold REO Property for a longer period without adversely affecting
its REMIC status or causing the imposition of a Federal or state tax upon any
REMIC constituting part of the Trust Fund. If the Servicer has received such an
extension, then the Servicer shall continue to attempt to sell the REO Property
for its fair market value as determined in good faith by the Servicer for such
longer period as such extension permits (the "Extended Period"). If the Servicer
has not received such an extension and the Servicer is unable to sell the REO
Property within 33 months after its acquisition by the Trust Fund or if the
Servicer has received such an extension, and the Servicer is unable to sell the
REO Property within the period ending three months before the close of the
Extended Period, the Servicer shall, before the end of the applicable period,
(i) purchase such REO Property at a price equal to the REO Property's fair
market value as determined in good faith by the Servicer or (ii) auction the REO
Property to the highest bidder (which may be the Servicer) in an auction
reasonably designed to produce a fair price prior to the expiration of the
applicable period.

          Section 9.05   Grantor Trust Administration.

          The parties intend that the portions of the Trust Fund consisting of
the right of the Class P Certificates to receive Originator Prepayment Charge
Payment Amounts and Servicer Prepayment Charge Payment Amounts, the right of the
Class A and Class M Certificates to receive Cap Carryover Amounts, the Reserve
Accounts and the right of the Class CE Certificates to receive Yield Maintenance
Agreement Payments subject to the obligation of the Class CE Certificates to pay
Cap Carryover Amounts, shall be treated as a "grantor trust" under the Code,

                                      -132-
<PAGE>

and the provisions hereof shall be interpreted consistently with this intention.
In furtherance of such intention, the Trustee shall furnish or cause to be
furnished (i) to the Holders of the Class A and Class M Certificates, (ii) to
the Holders of the Class P Certificates and (iii) to the Holder of the Class CE
Certificates and shall file or cause to be filed with the Internal Revenue
Service together with Form 1041 or such other form as may be applicable, their
allocable shares of income and expenses with respect to the property held by the
Grantor Trust, at the time or times and in the manner required by the Code.

                                    ARTICLE X

                                   TERMINATION

          Section 10.01  Termination.

          (a)     The respective obligations and responsibilities of the
Servicer, the Depositor, the Trustee and the Certificate Registrar created
hereby (other than the obligation of the Trustee to make certain payments to
Certificateholders after the final Distribution Date and the obligation of the
Servicer to send certain notices as hereinafter set forth) shall terminate upon
notice to the Trustee upon the earliest of (i) the Distribution Date on which
the Certificate Principal Balance of each Class of Certificates has been reduced
to zero, (ii) the final payment or other liquidation of the last Mortgage Loan
in the Trust, and (iii) the optional purchase by the NIMS Insurer, if there is a
NIMS Insurer, or if there is no NIMS Insurer, the Majority Class CE
Certificateholders (or if such holder is the Seller, or an affiliate of the
Seller, the Servicer of the Mortgage Loans) as described below. Notwithstanding
the foregoing, in no event shall the trust created hereby continue beyond the
expiration of 21 years from the death of the last survivor of the descendants of
Joseph P. Kennedy, the late ambassador of the United States to the Court of St.
James, living on the date hereof.

          The NIMS Insurer, if there is a NIMS Insurer, or if there is no NIMS
Insurer, the Majority Class CE Certificateholders (and, if such holder is the
Seller or an affiliate of the Seller, the Servicer of the Mortgage Loans) may,
at its option, terminate the Trust Fund and retire the Certificates on the next
succeeding Distribution Date upon which the aggregate current Pool Balance is
less than 10% of the Cut-off Date Aggregate Principal Balance by purchasing all
of the outstanding (i) Mortgage Loans in the Trust Fund at a price equal to the
sum of the outstanding Principal Balance of the Mortgage Loans and except to the
extent previously advanced by the Servicer, accrued and unpaid interest thereon
at the weighted average of the Mortgage Interest Rates through the end of the
Collection Period preceding the final Distribution Date plus unreimbursed
Servicing Advances, Advances and any unpaid Servicing Fees allocable to such
Mortgage Loans and (ii) REO Properties in the Trust Fund at a price equal to
their fair market value as determined in good faith by the Servicer (the
"Termination Price"). If the NIMS Insurer or the Majority Class CE
Certificateholders (or, if the Majority Class CE Certificateholder is the Seller
or an affiliate of the Seller, the Servicer) is subject to regulation by the
Office of the Comptroller of the Currency, the FDIC, the Federal Reserve or the
Office of Thrift Supervision, however, the option may not be exercised unless
the aggregate fair market value of the Mortgage Loans and REO Properties is
greater than or equal to the Termination Price. Notwithstanding the foregoing,
no party may exercise this optional purchase right unless any Reimbursement
Amount owed to the Trust pursuant to Section 2.03 hereof has been paid.

                                      -133-
<PAGE>

          In connection with any such purchase pursuant to the preceding
paragraph, the Servicer shall deliver to the Trustee for deposit in the
Distribution Account all amounts then on deposit in the Collection Account (less
amounts permitted to be withdrawn by the Servicer pursuant to Section 3.07),
which deposit shall be deemed to have occurred immediately following such
purchase.

          Any such purchase shall be accomplished by delivery on the
Determination Date before such Distribution Date of the Termination Price to the
Trustee for deposit into the Distribution Account as part of Available Funds.

          (b)     Notice of any termination, specifying the Distribution Date
(which shall be a date that would otherwise be a Distribution Date) upon which
the Certificateholders may surrender their Certificates to the Trustee for
payment of the final distribution and cancellation, shall be given promptly by
the Trustee upon the Trustee receiving notice of such date from the NIMS
Insurer, the Majority Class CE Certificateholders or the Servicer, as
applicable, by letter to the Certificateholders mailed not earlier than the 15th
day of the month preceding the month of such final distribution and not later
than the 15th day of the month of such final distribution specifying (1) the
Distribution Date upon which final distribution of the Certificates will be made
upon presentation and surrender of such Certificates at the office or agency of
the Trustee therein designated, (2) the amount of any such final distribution
and (3) that the Record Date otherwise applicable to such Distribution Date is
not applicable, distributions being made only upon presentation and surrender of
the Certificates at the office or agency of the Trustee therein specified. Not
less than five (5) Business Days prior to such Determination Date relating to
such Distribution Date, the Trustee shall notify the Originator and the Seller
of the amount of any unpaid Reimbursement Amount owed to the Trust.

          (c)     Upon presentation and surrender of the Certificates, the
Trustee shall cause to be distributed to the Holders of the Certificates on the
Distribution Date for such final distribution, in proportion to the Percentage
Interests of their respective Class and to the extent that funds are available
for such purpose, an amount equal to the amount required to be distributed to
such Holders in accordance with the provisions of Sections 4.01 and 4.02 for
such Distribution Date.

          (d)     In the event that all Certificateholders shall not surrender
their Certificates for final payment and cancellation on or before such final
Distribution Date, the Trustee shall promptly following such date cause all
funds in the Distribution Account not distributed in final distribution to
Certificateholders to be withdrawn therefrom and credited to the remaining
Certificateholders by depositing such funds in a separate escrow account for the
benefit of such Certificateholders, and the Servicer shall give a second written
notice to the remaining Certificateholders, to surrender their Certificates for
cancellation and receive the final distribution with respect thereto. If within
nine months after the second notice all the Certificates shall not have been
surrendered for cancellation, the Class R Certificateholder shall be entitled to
all unclaimed funds and other assets which remain subject hereto (except with
respect to the Class CE and Class P Certificates) and the Trustee upon transfer
of such funds shall be discharged of any responsibility for such funds, and all
other Certificateholders shall look to the Class R Certificateholder for
payment.

                                      -134-
<PAGE>

          Section 10.02  Additional Termination Requirements.

          (a)     In the event that the NIMS Insurer, the Majority Class CE
Certificateholders or the Servicer, as applicable, exercises the purchase option
as provided in Section 10.01, the Trust shall be terminated in accordance with
the following additional requirements, unless the Trustee shall have been
furnished with an Opinion of Counsel to the effect that the failure of the Trust
to comply with the requirements of this Section will not cause an Adverse REMIC
Event to occur at any time that any Certificates are outstanding:

          (i)     The Trustee shall designate a date within 90 days prior to the
     final Distribution Date as the date of adoption of plans of complete
     liquidation of each of REMIC 1 and REMIC 2 and shall specify such date in
     the final federal income tax return of each REMIC;

          (ii)    After the date of adoption of such plans of complete
     liquidation and at or prior to the final Distribution Date, the Trustee
     shall sell all of the assets of the Trust to the Majority Class CE
     Certificateholders or the Servicer, as applicable, for cash; and

          (iii)   At the time of the making of the final payment on the
     Certificates, the Trustee shall distribute or credit, or cause to be
     distributed or credited in the following order of priority (A) (i) to the
     Holders of each of the Class A-1, Class A-2 and Class A-3 Certificates, pro
     rata, (ii) sequentially, to the Class M-1, Class M-2, Class M-3, Class M-4,
     Class M-5 and Class M-6 Certificates and (iii) to the Holders of each of
     the Class M-7A and Class M-7F Certificates, pro rata, the related
     Certificate Principal Balance, as applicable, plus one month's interest
     thereon at the applicable Certificate Interest Rate, (B) to the Class CE
     Certificates, the amount of any remaining Monthly Excess Cash Flow Amounts
     not previously distributed thereon, (C) to the remaining REMIC Regular
     Interests the amounts allocable thereto pursuant to Section 4.08 and (D) to
     the Class R Certificateholder, all cash on hand in respect of the REMICs
     after such payment (other than cash retained to meet claims) and the Trust
     shall terminate at such time.

          (b)     By their acceptance of Certificates, the Holders thereof
hereby agree to appoint the Trustee as their attorney-in-fact to: (i) designate
such date of adoption of plans of complete liquidation and (ii) to take such
other action in connection therewith as may be reasonably required to carry out
such plans of complete liquidation all in accordance with the terms hereof.

                                   ARTICLE XI

                            MISCELLANEOUS PROVISIONS

          Section 11.01  Amendment.

          This Agreement may be amended from time to time by the Depositor, the
Servicer and the Trustee; with the consent of the NIMS Insurer and without the
consent of the Certificateholders, (i) to cure any ambiguity or mistake, (ii) to
correct, modify or supplement any provision herein which may be inconsistent
with any other provision herein or the Prospectus Supplement or Private
Placement Memorandum, (iii) to make any other provisions with respect

                                      -135-
<PAGE>

to matters or questions arising under this Agreement, which shall not be
inconsistent with the provisions of this Agreement, (iv) to comply with any
requirements imposed by the Code or (v) to provide for the rights of the NIMS
Insurer; provided, however, that any such action listed in clause (iii) above
shall not adversely affect in any respect the interests of any
Certificateholder, as evidenced by (i) notice in writing to the Depositor, the
Servicer and the Trustee from the Rating Agencies that such action will not
result in the reduction or withdrawal of the rating of any outstanding Class of
Certificates with respect to which it is a Rating Agency, or (ii) an Opinion of
Counsel delivered to the Servicer and the Trustee.

          In addition, this Agreement may be amended from time to time by the
Depositor, the Servicer and the Trustee, with the consent of the NIMS Insurer
and the Majority Certificateholders for the purpose of adding any provisions to
or changing in any manner or eliminating any of the provisions of this Agreement
or of modifying in any manner the rights of the Holders of Certificates;
provided, however, that no such amendment or waiver shall (x) reduce in any
manner the amount of, or delay the timing of, payments on the Certificates which
are required to be made on any Certificate without the consent of the Holder of
such Certificate, (y) adversely affect in any material respect the interests of
the Holders of any Class of Certificates in a manner other than as described in
clause (x) above, without the consent of the Holders of Certificates of such
Class evidencing at least a 662/3% Percentage Interest in such Class, or (z)
reduce the percentage of Voting Rights required by clause (y) above without the
consent of the Holders of all Certificates of such Class then outstanding. Upon
approval of an amendment, a copy of such amendment shall be sent to the Rating
Agencies. Prior to the execution of any amendment to this Agreement, the Trustee
shall be entitled to receive and rely upon an Opinion of Counsel (at the expense
of the Person seeking such amendment) stating that the execution of such
amendment is authorized or permitted by this Agreement. The Trustee may, but
shall not be obligated to, enter into any such amendment which affects the
Trustee's own rights, duties or immunities under this Agreement.

          Notwithstanding any provision of this Agreement to the contrary,
neither the Trustee nor the NIMS Insurer shall consent to any amendment to this
Agreement unless it shall have first received an Opinion of Counsel, delivered
by (and at the expense of) the Person seeking such Amendment, to the effect that
such amendment will not result in an Adverse REMIC Event at any time that any
Certificates are outstanding and that the amendment is being made in accordance
with the terms hereof.

          Promptly after the execution of any such amendment the Trustee shall
furnish, at the expense of the Person that requested the amendment if such
Person is the Servicer (but in no event at the expense of the Trustee),
otherwise at the expense of the Trust, a copy of such amendment and the Opinion
of Counsel referred to in the immediately preceding paragraph to the Servicer
and each Rating Agency.

          It shall not be necessary for the consent of Certificateholders under
this Section 11.01 to approve the particular form of any proposed amendment;
instead it shall be sufficient if such consent shall approve the substance
thereof. The manner of obtaining such consents and of evidencing the
authorization of the execution thereof by Certificateholders shall be subject to
such reasonable regulations as the Trustee may prescribe.

                                      -136-
<PAGE>

          Section 11.02  Recordation of Agreement; Counterparts.

          To the extent permitted by applicable law, this Agreement is subject
to recordation in all appropriate public offices for real property records in
all of the counties or other comparable jurisdictions in which any or all of the
properties subject to the Mortgages are situated, and in any other appropriate
public recording office or elsewhere, such recordation to be effected by the
Servicer at the expense of the Trust, but only upon direction of
Certificateholders, accompanied by an Opinion of Counsel to the effect that such
recordation materially and beneficially affects the interests of the
Certificateholders.

          For the purpose of facilitating the recordation of this Agreement as
herein provided and for other purposes, this Agreement may be executed
simultaneously in any number of counterparts, each of which counterparts shall
be deemed to be an original, and such counterparts shall together constitute but
one and the same instrument.

          Section 11.03  Limitation on Rights of Certificateholders.

          The death or incapacity of any Certificateholder shall not (i) operate
to terminate this Agreement or the Trust, (ii) entitle such Certificateholder's
legal representatives or heirs to claim an accounting or to take any action or
proceeding in any court for a partition or winding up of the Trust, or (iii)
otherwise affect the rights, obligations and liabilities of the parties hereto
or any of them.

          Except as expressly provided for herein, no Certificateholder shall
have any right to vote or in any manner otherwise control the operation and
management of the Trust, or the obligations of the parties hereto, nor shall
anything herein set forth or contained in the terms of the Certificates be
construed so as to constitute the Certificateholders from time to time as
partners or members of an association; nor shall any Certificateholder be under
any liability to any third person by reason of any action taken by the parties
to this Agreement pursuant to any provision hereof.

          No Certificateholder shall have any right by virtue of any provision
of this Agreement to institute any suit, action or proceeding in equity or at
law upon or under or with respect to this Agreement, unless such Holder
previously shall have given to the Trustee a written notice of default and of
the continuance thereof, as herein provided, and unless also the Holders of
Certificates entitled to at least 25% of the Voting Rights shall have made
written request upon the Trustee to institute such action, suit or proceeding in
its own name as Trustee hereunder and shall have offered to the Trustee such
reasonable indemnity as it may require against the costs, expenses and
liabilities to be incurred therein or thereby, and the Trustee for 60 days after
its receipt of such notice, request and offer of indemnity, shall have neglected
or refused to institute any such action, suit or proceeding. It is understood
and intended, and expressly covenanted by each Certificateholder with every
other Certificateholder and the Trustee, that no one or more Holders of
Certificates shall have any right in any manner whatever by virtue of any
provision of this Agreement to affect, disturb or prejudice the rights of the
Holders of any other of such Certificates, or to obtain or seek to obtain
priority over or preference to any other such Holder, which priority or
preference is not otherwise provided for herein, or to enforce any right under
this Agreement, except in the manner herein provided and

                                      -137-
<PAGE>

for the equal, ratable and common benefit of all Certificateholders. For the
protection and enforcement of the provisions of this Section 11.03 each and
every Certificateholder and the Trustee shall be entitled to such relief as can
be given either at law or in equity.

          Section 11.04  Governing Law; Jurisdiction.

          This Agreement shall be construed in accordance with the laws of the
State of New York, and the obligations, rights and remedies of the parties
hereunder shall be determined in accordance with such laws. With respect to any
claim arising out of this Agreement, each party irrevocably submits to the
exclusive jurisdiction of the courts of the State of New York and the United
States District Court located in the Borough of Manhattan in The City of New
York, and each party irrevocably waives any objection which it may have at any
time to the laying of venue of any suit, action or proceeding arising out of or
relating hereto brought in any such courts, irrevocably waives any claim that
any such suit, action or proceeding brought in any such court has been brought
in any inconvenient forum and further irrevocably waives the right to object,
with respect to such claim, suit, action or proceeding brought in any such
court, that such court does not have jurisdiction over such party, provided that
service of process has been made by any lawful means.

          Section 11.05  Notices.

          All directions, demands and notices hereunder shall be in writing and
shall be deemed to have been duly given if personally delivered at or mailed by
first class mail, postage prepaid, or by express delivery service, to (a) in the
case of the Trustee, JPMorgan Chase Bank, 4 New York Plaza, 6th Floor, New York,
New York 10004-2477, Attention: Institutional Trust Services/Global Debt: ABFC
FFMLT 2004-FF10, or such other address as may hereafter be furnished to the
Depositor, the NIMS Insurer and the Servicer in writing by the Trustee, (b) in
the case of the Depositor, Asset Backed Funding Corporation, 100 North Tryon
Street, 11th Floor, Charlotte, North Carolina 28255, Attention: First Franklin
Mortgage Loan Trust 2004-FF10, Asset-Backed Certificates, Series 2004-FF10, or
such other address as may be furnished to the Servicer, the NIMS Insurer and the
Trustee in writing by the Depositor, (c) in the case of the Servicer,
Countrywide Home Loans Servicing LP, 450 American Way, MS SV3-A, Simi Valley,
California 93065, Attention: Portfolio Services, with a copy to: Countrywide
Home Loans, 4500 Park Granda, Calabasas, California 91302, Attention: Legal
Department, or such other address as may be hereafter furnished to the
Depositor, the NIMS Insurer and the Trustee by the Servicer in writing and (d)
in the case of the NIMS Insurer, such address furnished to the Depositor, the
Servicer and the Trustee in writing by the NIMS Insurer. Any notice required or
permitted to be mailed to a Certificateholder shall be given by first class
mail, postage prepaid, at the address of such Holder as shown in the Certificate
Register. Notice of any Servicer Event of Termination shall be given by telecopy
and by certified mail. Any notice so mailed within the time prescribed in this
Agreement shall be conclusively presumed to have duly been given when mailed,
whether or not the Certificateholder receives such notice. A copy of any notice
required to be telecopied hereunder shall also be mailed to the appropriate
party in the manner set forth above.

                                      -138-
<PAGE>

          Section 11.06  Severability of Provisions.

          If any one or more of the covenants, agreements, provisions or terms
of this Agreement shall for any reason whatsoever be held invalid, then such
covenants, agreements, provisions or terms shall be deemed severable from the
remaining covenants, agreements, provisions or terms of this Agreement and shall
in no way affect the validity or enforceability of the other provisions of this
Agreement or of the Certificates or the rights of the Holders thereof.

          Section 11.07  Article and Section References.

          All article and section references used in this Agreement, unless
otherwise provided, are to articles and sections in this Agreement.

          Section 11.08  Notice to the Rating Agencies and the NIMS Insurer.

          (a)     Each of the Trustee and the Servicer shall be obligated to use
its best reasonable efforts promptly to provide notice to the Rating Agencies
and the NIMS Insurer with respect to each of the following of which a
Responsible Officer of the Trustee or the Servicer, as the case may be, has
actual knowledge:

          (i)     any material change or amendment to this Agreement;

          (ii)    the occurrence of any Servicer Event of Termination that has
     not been cured or waived;

          (iii)   the resignation or termination of the Servicer or the Trustee;

          (iv)    the final payment to Holders of the Certificates of any Class;

          (v)     any change in the location of any Account; and

          (vi)    if the Trustee is acting as successor servicer pursuant to
     Section 7.02 hereof, any event that would result in the inability of the
     Trustee to make Advances.

          (vii)   In addition, the Servicer shall promptly furnish to each
     Rating Agency copies of the following:

          (A)     each annual statement as to compliance described in
Section 3.19 hereof;

          (B)     each annual independent public accountants' servicing report
described in Section 3.20 hereof; and

          (C)     each notice delivered pursuant to Section 7.01(a) hereof which
relates to the fact that the Servicer has not made an Advance.

          Any such notice pursuant to this Section 11.08 shall be in writing and
shall be deemed to have been duly given if personally delivered or mailed by
first class mail, postage prepaid, or by express delivery service to: Fitch
Ratings, One State Street Plaza, New York, New York 10004, Attention: Managing
Director, Residential Mortgage-Backed Securities;

                                      -139-
<PAGE>

Standard & Poor's, a division of The McGraw-Hill Companies, Inc., 55 Water
Street, 41st Floor, New York, New York 10041, Attention: Mortgage Surveillance
Group; Dominion Bond Rating Service, Inc., 55 Broadway, 15th Floor, New York,
New York 10006, Attention: RMBS Department and the NIMS Insurer, at the address
to be provided by the Depositor.

          Section 11.09  Further Assurances.

          Notwithstanding any other provision of this Agreement, neither the
Regular Certificateholders nor the Trustee shall have any obligation to consent
to any amendment or modification of this Agreement unless they have been
provided reasonable security or indemnity against their out-of-pocket expenses
(including reasonable attorneys' fees) to be incurred in connection therewith.

          Section 11.10  Third Party Beneficiary.

          Nothing in this Agreement or in the Certificates, expressed or
implied, shall give to any Person, other than the Certificateholders, the
parties hereto and the NIMS Insurer and their successors hereunder, any benefit
or any legal or equitable right, remedy or claim under this Agreement.

          The NIMS Insurer shall be deemed a third-party beneficiary of this
Agreement to the same extent as if it were a party hereto, and shall have the
right to enforce the provisions of this Agreement directly against the parties
to this Agreement.

          Section 11.11  Acts of Certificateholders.

          (a)     Any request, demand, authorization, direction, notice,
consent, waiver or other action provided by this Agreement to be given or taken
by the Certificateholders may be embodied in and evidenced by one or more
instruments of substantially similar tenor signed by such Certificateholders in
person or by agent duly appointed in writing; and such action shall become
effective when such instrument or instruments are delivered to the Trustee and
the Servicer. Such instrument or instruments (and the action embodied therein
and evidenced thereby) are herein sometimes referred to as the "act" of the
Certificateholders signing such instrument or instruments. Proof of execution of
any such instrument or of a writing appointing any such agent shall be
sufficient for any purpose of this Agreement and conclusive in favor of the
Trustee and the Trust, if made in the manner provided in this Section 11.11.

          (b)     The fact and date of the execution by any Person of any such
instrument or writing may be proved by the affidavit of a witness of such
execution or by the certificate of a notary public or other officer authorized
by law to take acknowledgments of deeds, certifying that the individual signing
such instrument or writing acknowledged to him the execution thereof. Whenever
such execution is by a signer acting in a capacity other than his or her
individual capacity, such certificate or affidavit shall also constitute
sufficient proof of his authority.

          (c)     Any request, demand, authorization, direction, notice,
consent, waiver or other action by any Certificateholder shall bind every future
Holder of such Certificate and the Holder of every Certificate issued upon the
registration of transfer thereof or in exchange

                                      -140-
<PAGE>

therefor or in lieu thereof, in respect of anything done, omitted or suffered to
be done by the Trustee or the Trust in reliance thereon, whether or not notation
of such action is made upon such Certificate.


                        [Signatures follow on next page]


                                      -141-
<PAGE>

          IN WITNESS WHEREOF, the Depositor, the Servicer and the Trustee have
caused their names to be signed hereto by their respective officers thereunto
duly authorized, all as of the day and year first above written.

                                         ASSET BACKED FUNDING CORPORATION,
                                         as Depositor

                                         By:   /s/ Bruce W. Good
                                             -----------------------------------
                                             Name:  Bruce W. Good
                                             Title: Vice President


                                         COUNTRYWIDE HOME LOANS SERVICING LP,
                                         as Servicer

                                         By: Countrywide GP, Inc., its general
                                             partner

                                         By:   /s/ Jordan Cohen
                                             -----------------------------------
                                             Name:  Jordan Cohen
                                             Title: Vice President


                                         JPMORGAN CHASE BANK, as Trustee

                                         By:   /s/ Nadezhka Thomas
                                             -----------------------------------
                                             Name:  Nadezhka Thomas
                                             Title: Trust Officer

<PAGE>

STATE OF NORTH CAROLINA)
                       )ss.:
COUNTY OF MECKLENBURG  )

          On the 21st day of October 2004 before me, a notary public in and for
said State, personally appeared Bruce W. Good, known to me to be a Vice
President of Asset Backed Funding Corporation, a Delaware corporation that
executed the within instrument, and also known to me to be the person who
executed it on behalf of said corporation, and acknowledged to me that such
corporation executed the within instrument.

          IN WITNESS WHEREOF, I have hereunto set my hand and affixed my
official seal the day and year in this certificate first above written.

                                         Notary Public: Othea Saunders


                                         My Commission expires: August 1, 2007

<PAGE>

STATE OF NEW YORK )
                  )ss.:
COUNTY OF NEW YORK)

          On the 21st day of October 2004 before me, a notary public in and for
said State, personally appeared Nadezhka Thomas, known to me to be a Trust
Officer of JPMorgan Chase Bank, a New York banking corporation that executed the
within instrument, and also known to me to be the person who executed it on
behalf of said association, and acknowledged to me that such association
executed the within instrument.

          IN WITNESS WHEREOF, I have hereunto set my hand and affixed my
official seal the day and year in this certificate first above written.

                                         Notary Public: Rosita Walters


                                         My Commission expires: October 2, 2006

<PAGE>

STATE OF CALIFORNIA  )
                     )ss.:
COUNTY OF LOS ANGELES)

          On the 21st day of October 2004 before me, a notary public in and for
said State, personally appeared Jordan Cohen, known to me to be a Vice President
of Countrywide GP, Inc., the general partner of Countrywide Home Loans Servicing
LP, a Texas limited partnership, that executed the within instrument, and also
known to me to be the person who executed it on behalf of said corporation, and
acknowledged to me that such corporation executed the within instrument.

          IN WITNESS WHEREOF, I have hereunto set my hand and affixed my
official seal the day and year in this certificate first above written.

                                         Notary Public: Glenda J. Daniel


                                         My Commission expires: October 15, 2005


<PAGE>

                                   EXHIBIT A-1

                       [FORM OF THE CLASS A-1 CERTIFICATE]

UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO THE TRUSTEE OR ITS
AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE
ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS
REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO
CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR
OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER
HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.

FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE REPRESENTS BENEFICIAL
OWNERSHIP OF A "REGULAR INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT
CONDUIT," AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF
THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE "CODE") AND CERTAIN OTHER
PROPERTY.

                                      A-1-1
<PAGE>

                  FIRST FRANKLIN MORTGAGE LOAN TRUST 2004-FF10
                            ASSET-BACKED CERTIFICATES
                           SERIES 2004-FF10, CLASS A-1

evidencing a beneficial ownership interest in a Trust Fund consisting primarily
of a pool of conventional fixed-rate and adjustable-rate one- to four-family
first lien mortgage loans formed and sold by

                        ASSET BACKED FUNDING CORPORATION

Series 2004-FF10, Class A-1                   Original Class Certificate
                                              Principal Balance of the Class A-1
                                              Certificates as of the Closing
Certificate Interest Rate: Floating           Date: $378,010,000

Date of Pooling and Servicing Agreement and   Initial Certificate Principal
Cut-off Date: October 1, 2004                 Balance: $[___]

First Distribution Date: November 26, 2004    Servicer: Countrywide Home Loans
                                              Servicing LP

No.                                           Trustee: JPMorgan Chase Bank

CUSIP: 32027N MF 5                            Closing Date: October 21, 2004

ISIN: US32027NMF59

DISTRIBUTIONS IN REDUCTION OF THE CERTIFICATE PRINCIPAL BALANCE OF THIS
CERTIFICATE MAY BE MADE MONTHLY AS SET FORTH HEREIN. ACCORDINGLY, THE
OUTSTANDING CERTIFICATE PRINCIPAL BALANCE HEREOF AT ANY TIME MAY BE LESS THAN
THE AMOUNT SHOWN ABOVE.

THIS CERTIFICATE DOES NOT REPRESENT AN OBLIGATION OF OR INTEREST IN ASSET BACKED
FUNDING CORPORATION, THE SERVICER, THE TRUSTEE OR ANY OF THEIR AFFILIATES. THIS
CERTIFICATE IS NOT GUARANTEED BY ANY AGENCY OR INSTRUMENTALITY OF THE UNITED
STATES.

          This certifies that _______________ is the registered owner of a
Percentage Interest (obtained by dividing the Initial Certificate Principal
Balance of this Certificate by the Original Class Certificate Principal Balance
of the Class A-1 Certificates) in that certain beneficial ownership interest
evidenced by all the Class A-1 Certificates in the Trust Fund created pursuant
to a Pooling and Servicing Agreement, dated as specified above (the
"Agreement"), among Asset Backed Funding Corporation (hereinafter called the
"Depositor," which term includes any successor entity under the Agreement), the
Servicer and the Trustee, a summary of certain of the pertinent provisions of
which is set forth hereafter. To the extent not defined herein, the capitalized
terms used herein have the meanings assigned in the Agreement. This Certificate
is issued under and is subject to the terms, provisions and conditions of the

                                      A-1-2
<PAGE>

Agreement, to which Agreement the Holder of this Certificate by virtue of the
acceptance hereof assents and by which such Holder is bound.

          Pursuant to the terms of the Agreement, distributions will be made on
the 25th day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (a "Distribution Date"), commencing on the
first Distribution Date specified above, to the Person in whose name this
Certificate is registered on the Business Day immediately preceding such
Distribution Date (the "Record Date"), from funds in the Distribution Account in
an amount equal to the product of the Percentage Interest evidenced by this
Certificate and the amount required to be distributed to the Holders of Class
A-1 Certificates on such Distribution Date pursuant to the Agreement; provided,
however, that if any Class A-1 Certificate becomes a Definitive Certificate, the
Record Date for such Certificate will be the last Business Day of the month
immediately preceding the month in which the related Distribution Date occurs.

          All distributions to the Holder of this Certificate under the
Agreement will be made or caused to be made by or on behalf of the Trustee by
wire transfer in immediately available funds to the account of the Person
entitled thereto if such Person shall have so notified the Certificate Registrar
in writing at least five Business Days prior to the Record Date immediately
prior to such Distribution Date and is the registered owner of Class A-1
Certificates, or by check mailed by first class mail to the address of the
Person entitled thereto, as such name and address shall appear on the
Certificate Register, provided that the Certificate Registrar may deduct a
reasonable wire transfer fee from any payment made by wire transfer.
Notwithstanding the above, the final distribution on this Certificate will be
made after due notice by the Trustee of the pendency of such distribution and
only upon presentation and surrender of this Certificate at the office or agency
appointed by the Trustee for that purpose as provided in the Agreement.

          The Certificate Interest Rate for the Class A-1 Certificates for each
Distribution Date will be the least of (i) One-Month LIBOR as of the related
LIBOR Determination Date plus the Class A-1 Certificate Margin, (ii) the Maximum
Rate Cap and (iii) the Pool Cap. Interest will accrue on the Class A-1
Certificates during each Interest Accrual Period at the Certificate Interest
Rate.

          This Certificate is one of a duly authorized issue of Certificates
designated as First Franklin Mortgage Loan Trust 2004-FF10, Asset-Backed
Certificates, of the Series specified on the face hereof (herein called the
"Certificates") and representing a Percentage Interest in the Class A-1
Certificates.

          The Class A-1 Certificates are limited in right of payment to certain
collections and recoveries respecting the Mortgage Loans, all as more
specifically set forth herein and in the Agreement. As provided in the
Agreement, withdrawals from the Collection Accounts and the Distribution Account
may be made from time to time for purposes other than distributions to
Certificateholders, such purposes including reimbursement of advances made, or
certain expenses incurred, with respect to the Mortgage Loans.

          The Agreement permits, with certain exceptions therein provided, the
amendment thereof and the modification of the rights and obligations of the
Depositor, the Servicer and the Trustee and the rights of the Certificateholders
under the Agreement at any time by the

                                      A-1-3
<PAGE>

Depositor, the Servicer and the Trustee with the consent of the Holders of
Certificates entitled to the Voting Rights identified in the Agreement. Any such
consent by the Holder of this Certificate shall be conclusive and binding on
such Holder and upon all future Holders of this Certificate and of any
Certificate issued upon the transfer hereof or in exchange herefor or in lieu
hereof whether or not notation of such consent is made upon this Certificate.
The Agreement also permits the amendment thereof, in certain limited
circumstances, without the consent of the Holders of any of the Certificates.

          As provided in the Agreement and subject to certain limitations
therein set forth, the transfer of this Certificate is registrable in the
Certificate Register upon surrender of this Certificate for registration of
transfer at the offices or agencies appointed by the Trustee as provided in the
Agreement, duly endorsed by, or accompanied by an assignment in the form below
or other written instrument of transfer in form satisfactory to the Trustee and
the Certificate Registrar duly executed by, the Holder hereof or such Holder's
attorney duly authorized in writing, and thereupon one or more new Certificates
of the same Class in authorized denominations evidencing the same aggregate
Percentage Interest will be issued to the designated transferee or transferees.

          The Certificates are issuable in fully registered form only without
coupons in Classes and denominations representing Percentage Interests specified
in the Agreement. As provided in the Agreement and subject to certain
limitations therein set forth, Certificates are exchangeable for new
Certificates of the same Class in authorized denominations evidencing the same
aggregate Percentage Interest, as requested by the Holder surrendering the same.

          No service charge will be made for any such registration of transfer
or exchange of Certificates, but the Certificate Registrar may require payment
of a sum sufficient to cover any tax or other governmental charge that may be
imposed in connection with any transfer or exchange of Certificates.

          The Depositor, the Servicer, the Trustee and the Certificate Registrar
and any agent of the Depositor, the Servicer, the Trustee or the Certificate
Registrar may treat the Person in whose name this Certificate is registered as
the owner hereof for all purposes, and none of the Depositor, the Servicer, the
Trustee, the Certificate Registrar nor any such agent shall be affected by
notice to the contrary.

          The obligations created by the Agreement and the Trust Fund created
thereby shall terminate upon payment to the Certificateholders of all amounts
held by or on behalf of the Trustee and required to be paid to them pursuant to
the Agreement following the earlier of (i) the final payment or other
liquidation (or any advance with respect thereto) of the last Mortgage Loan
remaining in the Trust Fund, and (ii) the purchase by the party designated in
the Agreement at a price determined as provided in the Agreement from the Trust
Fund of all Mortgage Loans and all property acquired in respect of such Mortgage
Loans. The Agreement permits, but does not require, the party designated in the
Agreement to purchase from the Trust Fund all Mortgage Loans and all property
acquired in respect of any Mortgage Loan at a price determined as provided in
the Agreement. The exercise of such right will effect early retirement of the
Certificates; however, such right to purchase is subject to the aggregate Pool
Balance of the

                                      A-1-4
<PAGE>

Mortgage Loans at the time of purchase being 10% or less of the
Cut-off Date Aggregate Principal Balance.

          The recitals contained herein shall be taken as statements of the
Depositor and the Trustee assumes no responsibility for their correctness.

          Unless the certificate of authentication hereon has been executed by
the Certificate Registrar, by manual signature, this Certificate shall not be
entitled to any benefit under the Agreement or be valid for any purpose.

                                      A-1-5
<PAGE>

          IN WITNESS WHEREOF, the Trustee has caused this Certificate to be duly
executed.

Dated:


                                             JPMORGAN CHASE BANK, as Trustee


                                             By:
                                                --------------------------------
                                                Authorized Officer

                          CERTIFICATE OF AUTHENTICATION

          This is one of the Certificates referred to in the within-mentioned
Agreement.


                                             JPMORGAN CHASE BANK, as Certificate
                                               Registrar


                                             By:
                                                --------------------------------
                                                Authorized Signatory

Date of authentication:

                                      A-1-6
<PAGE>

                                  ABBREVIATIONS

          The following abbreviations, when used in the inscription on the face
of this instrument, shall be construed as though they were written out in full
according to applicable laws or regulations:

TEN COM - as tenants in common           UNIF GIFT MIN ACT - Custodian
                                                             ---------
                                                             (Cust) (Minor)
TEN ENT - as tenants by the entireties                       under Uniform Gifts
                                                             to Minors Act
JT TEN  - as joint tenants with right                        ___________________
          of survivorship and not as                               (State)
          tenants in common

          Additional abbreviations may also be used though not in the above
list.

                                   ASSIGNMENT

          FOR VALUE RECEIVED, the undersigned hereby sell(s), assign(s) and
transfer(s) unto________________________________________________________________
________________________________________________________________________________
(Please print or typewrite name, address including postal zip code, and Taxpayer
Identification Number of assignee)______________________________________________
a Percentage Interest equal to ____% evidenced by the within asset-backed
Certificate and hereby authorize(s) the registration of transfer of such
interest to assignee on the Certificate Register of the Trust Fund.

          I (we) further direct the Certificate Registrar to issue a new
Certificate of a like Percentage Interest and Class to the above named assignee
and deliver such Certificate to the following address:
________________________________________________________________________________

Dated:


                                       -----------------------------------------
                                       Signature by or on behalf of assignor


                                       -----------------------------------------
                                       Signature Guaranteed

                                      A-1-7
<PAGE>

                            DISTRIBUTION INSTRUCTIONS

          The assignee should include the following for purposes of
distribution:

          Distributions shall be made, by wire transfer or otherwise, in
immediately available funds to _________________________________________________
________________________________________________________________________________
for the account of _______________________________, account number_____________,
or, if mailed by check, to_____________________________________________________.
Applicable statements should be mailed to_______________________________________
This information is provided by________________________________________________,
the assignee named above, or __________________________________, as its agent.

                                      A-1-8
<PAGE>

                                   EXHIBIT A-2

                       [FORM OF THE CLASS A-2 CERTIFICATE]

UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO THE TRUSTEE OR ITS
AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE
ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS
REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO
CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR
OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER
HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.

FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE REPRESENTS BENEFICIAL
OWNERSHIP OF A "REGULAR INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT
CONDUIT," AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF
THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE "CODE") AND CERTAIN OTHER
PROPERTY.

                                      A-2-1
<PAGE>

                  FIRST FRANKLIN MORTGAGE LOAN TRUST 2004-FF10
                            ASSET-BACKED CERTIFICATES
                           SERIES 2004-FF10, CLASS A-2

evidencing a beneficial ownership interest in a Trust Fund consisting primarily
of a pool of conventional fixed-rate and adjustable-rate one- to four-family
first lien mortgage loans formed and sold by

                        ASSET BACKED FUNDING CORPORATION

Series 2004-FF10, Class A-2                   Original Class Certificate
                                              Principal Balance of the Class A-2
                                              Certificates as of the Closing
Certificate Interest Rate: Floating           Date: $714,399,000

Date of Pooling and Servicing Agreement and   Initial Certificate Principal
Cut-off Date: October 1, 2004                 Balance: $[___]

First Distribution Date: November 26, 2004    Servicer: Countrywide Home Loans
                                              Servicing LP

No.                                           Trustee: JPMorgan Chase Bank

CUSIP: 32027N MG 3                            Closing Date: October 21, 2004

ISIN: US32027NMG33

DISTRIBUTIONS IN REDUCTION OF THE CERTIFICATE PRINCIPAL BALANCE OF THIS
CERTIFICATE MAY BE MADE MONTHLY AS SET FORTH HEREIN. ACCORDINGLY, THE
OUTSTANDING CERTIFICATE PRINCIPAL BALANCE HEREOF AT ANY TIME MAY BE LESS THAN
THE AMOUNT SHOWN ABOVE.

THIS CERTIFICATE DOES NOT REPRESENT AN OBLIGATION OF OR INTEREST IN ASSET BACKED
FUNDING CORPORATION, THE SERVICER, THE TRUSTEE OR ANY OF THEIR AFFILIATES. THIS
CERTIFICATE IS NOT GUARANTEED BY ANY AGENCY OR INSTRUMENTALITY OF THE UNITED
STATES.

          This certifies that _______________ is the registered owner of a
Percentage Interest (obtained by dividing the Initial Certificate Principal
Balance of this Certificate by the Original Class Certificate Principal Balance
of the Class A-2 Certificates) in that certain beneficial ownership interest
evidenced by all the Class A-2 Certificates in the Trust Fund created pursuant
to a Pooling and Servicing Agreement, dated as specified above (the
"Agreement"), among Asset Backed Funding Corporation (hereinafter called the
"Depositor," which term includes any successor entity under the Agreement), the
Servicer and the Trustee, a summary of certain of the pertinent provisions of
which is set forth hereafter. To the extent not defined herein, the capitalized
terms used herein have the meanings assigned in the Agreement. This Certificate
is issued under and is subject to the terms, provisions and conditions of the

                                      A-2-2
<PAGE>

Agreement, to which Agreement the Holder of this Certificate by virtue of the
acceptance hereof assents and by which such Holder is bound.

          Pursuant to the terms of the Agreement, distributions will be made on
the 25th day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (a "Distribution Date"), commencing on the
first Distribution Date specified above, to the Person in whose name this
Certificate is registered on the Business Day immediately preceding such
Distribution Date (the "Record Date"), from funds in the Distribution Account in
an amount equal to the product of the Percentage Interest evidenced by this
Certificate and the amount required to be distributed to the Holders of Class
A-2 Certificates on such Distribution Date pursuant to the Agreement; provided,
however, that if any Class A-2 Certificate becomes a Definitive Certificate, the
Record Date for such Certificate will be the last Business Day of the month
immediately preceding the month in which the related Distribution Date occurs.

          All distributions to the Holder of this Certificate under the
Agreement will be made or caused to be made by or on behalf of the Trustee by
wire transfer in immediately available funds to the account of the Person
entitled thereto if such Person shall have so notified the Certificate Registrar
in writing at least five Business Days prior to the Record Date immediately
prior to such Distribution Date and is the registered owner of Class A-2
Certificates, or by check mailed by first class mail to the address of the
Person entitled thereto, as such name and address shall appear on the
Certificate Register, provided that the Certificate Registrar may deduct a
reasonable wire transfer fee from any payment made by wire transfer.
Notwithstanding the above, the final distribution on this Certificate will be
made after due notice by the Trustee of the pendency of such distribution and
only upon presentation and surrender of this Certificate at the office or agency
appointed by the Trustee for that purpose as provided in the Agreement.

          The Certificate Interest Rate for the Class A-2 Certificates for each
Distribution Date will be the least of (i) One-Month LIBOR as of the related
LIBOR Determination Date plus the Class A-2 Certificate Margin, (ii) the Maximum
Rate Cap and (iii) the Pool Cap. Interest will accrue on the Class A-2
Certificates during each Interest Accrual Period at the Certificate Interest
Rate.

          This Certificate is one of a duly authorized issue of Certificates
designated as First Franklin Mortgage Loan Trust 2004-FF10, Asset-Backed
Certificates, of the Series specified on the face hereof (herein called the
"Certificates") and representing a Percentage Interest in the Class A-2
Certificates.

          The Class A-2 Certificates are limited in right of payment to certain
collections and recoveries respecting the Mortgage Loans, all as more
specifically set forth herein and in the Agreement. As provided in the
Agreement, withdrawals from the Collection Accounts and the Distribution Account
may be made from time to time for purposes other than distributions to
Certificateholders, such purposes including reimbursement of advances made, or
certain expenses incurred, with respect to the Mortgage Loans.

          The Agreement permits, with certain exceptions therein provided, the
amendment thereof and the modification of the rights and obligations of the
Depositor, the Servicer and the Trustee and the rights of the Certificateholders
under the Agreement at any time by the

                                      A-2-3
<PAGE>

Depositor, the Servicer and the Trustee with the consent of the Holders of
Certificates entitled to the Voting Rights identified in the Agreement. Any such
consent by the Holder of this Certificate shall be conclusive and binding on
such Holder and upon all future Holders of this Certificate and of any
Certificate issued upon the transfer hereof or in exchange herefor or in lieu
hereof whether or not notation of such consent is made upon this Certificate.
The Agreement also permits the amendment thereof, in certain limited
circumstances, without the consent of the Holders of any of the Certificates.

          As provided in the Agreement and subject to certain limitations
therein set forth, the transfer of this Certificate is registrable in the
Certificate Register upon surrender of this Certificate for registration of
transfer at the offices or agencies appointed by the Trustee as provided in the
Agreement, duly endorsed by, or accompanied by an assignment in the form below
or other written instrument of transfer in form satisfactory to the Trustee and
the Certificate Registrar duly executed by, the Holder hereof or such Holder's
attorney duly authorized in writing, and thereupon one or more new Certificates
of the same Class in authorized denominations evidencing the same aggregate
Percentage Interest will be issued to the designated transferee or transferees.

          The Certificates are issuable in fully registered form only without
coupons in Classes and denominations representing Percentage Interests specified
in the Agreement. As provided in the Agreement and subject to certain
limitations therein set forth, Certificates are exchangeable for new
Certificates of the same Class in authorized denominations evidencing the same
aggregate Percentage Interest, as requested by the Holder surrendering the same.

          No service charge will be made for any such registration of transfer
or exchange of Certificates, but the Certificate Registrar may require payment
of a sum sufficient to cover any tax or other governmental charge that may be
imposed in connection with any transfer or exchange of Certificates.

          The Depositor, the Servicer, the Trustee and the Certificate Registrar
and any agent of the Depositor, the Servicer, the Trustee or the Certificate
Registrar may treat the Person in whose name this Certificate is registered as
the owner hereof for all purposes, and none of the Depositor, the Servicer, the
Trustee, the Certificate Registrar nor any such agent shall be affected by
notice to the contrary.

          The obligations created by the Agreement and the Trust Fund created
thereby shall terminate upon payment to the Certificateholders of all amounts
held by or on behalf of the Trustee and required to be paid to them pursuant to
the Agreement following the earlier of (i) the final payment or other
liquidation (or any advance with respect thereto) of the last Mortgage Loan
remaining in the Trust Fund, and (ii) the purchase by the party designated in
the Agreement at a price determined as provided in the Agreement from the Trust
Fund of all Mortgage Loans and all property acquired in respect of such Mortgage
Loans. The Agreement permits, but does not require, the party designated in the
Agreement to purchase from the Trust Fund all Mortgage Loans and all property
acquired in respect of any Mortgage Loan at a price determined as provided in
the Agreement. The exercise of such right will effect early retirement of the
Certificates; however, such right to purchase is subject to the aggregate Pool
Balance of the

                                      A-2-4
<PAGE>

Mortgage Loans at the time of purchase being 10% or less of the Cut-off Date
Aggregate Principal Balance.

          The recitals contained herein shall be taken as statements of the
Depositor and the Trustee assumes no responsibility for their correctness.

          Unless the certificate of authentication hereon has been executed by
the Certificate Registrar, by manual signature, this Certificate shall not be
entitled to any benefit under the Agreement or be valid for any purpose.

                                      A-2-5
<PAGE>

          IN WITNESS WHEREOF, the Trustee has caused this Certificate to be duly
executed.

Dated:


                                             JPMORGAN CHASE BANK, as Trustee


                                             By:
                                                -------------------------------
                                                Authorized Officer

                          CERTIFICATE OF AUTHENTICATION

          This is one of the Certificates referred to in the within-mentioned
Agreement.


                                             JPMORGAN CHASE BANK, as Certificate
                                               Registrar


                                             By:
                                                --------------------------------
                                                Authorized Signatory

Date of authentication:

                                      A-2-6
<PAGE>

                                  ABBREVIATIONS

          The following abbreviations, when used in the inscription on the face
of this instrument, shall be construed as though they were written out in full
according to applicable laws or regulations:

TEN COM - as tenants in common           UNIF GIFT MIN ACT - Custodian
                                                             ---------
                                                             (Cust) (Minor)
TEN ENT - as tenants by the entireties                       under Uniform Gifts
                                                             to Minors Act
JT TEN  - as joint tenants with right                        ___________________
          of survivorship and not as                               (State)
          tenants in common

          Additional abbreviations may also be used though not in the above
list.

                                   ASSIGNMENT

          FOR VALUE RECEIVED, the undersigned hereby sell(s), assign(s) and
transfer(s) unto _______________________________________________________________
________________________________________________________________________________
(Please print or typewrite name, address including postal zip code, and Taxpayer
Identification Number of assignee) a Percentage Interest equal to ____%
evidenced by the within asset-backed Certificate and hereby authorize(s) the
registration of transfer of such interest to assignee on the Certificate
Register of the Trust Fund.

          I (we) further direct the Certificate Registrar to issue a new
Certificate of a like Percentage Interest and Class to the above named assignee
and deliver such Certificate to the following address:
________________________________________________________________________________

Dated:


                                       -----------------------------------------
                                       Signature by or on behalf of assignor


                                       -----------------------------------------
                                       Signature Guaranteed

                                      A-2-7
<PAGE>

                            DISTRIBUTION INSTRUCTIONS

          The assignee should include the following for purposes of
distribution:

          Distributions shall be made, by wire transfer or otherwise, in
immediately available funds to _________________________________________________
________________________________________________________________________________
for the account of ____________________________, account number _______________,
or, if mailed by check, to ____________________________________________________.
Applicable statements should be mailed to_______________________________________
This information is provided by _______________________________________________,
the assignee named above, or ________________________________________, as its
agent.

                                      A-2-8
<PAGE>

                                   EXHIBIT A-3

                       [FORM OF THE CLASS A-3 CERTIFICATE]

UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO THE TRUSTEE OR ITS
AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE
ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS
REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO
CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR
OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER
HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.

FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE REPRESENTS BENEFICIAL
OWNERSHIP OF A "REGULAR INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT
CONDUIT," AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF
THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE "CODE") AND CERTAIN OTHER
PROPERTY.

                                      A-3-1
<PAGE>

                  FIRST FRANKLIN MORTGAGE LOAN TRUST 2004-FF10
                            ASSET-BACKED CERTIFICATES
                           SERIES 2004-FF10, CLASS A-3

evidencing a beneficial ownership interest in a Trust Fund consisting primarily
of a pool of conventional fixed-rate and adjustable-rate one- to four-family
first lien mortgage loans formed and sold by

                        ASSET BACKED FUNDING CORPORATION

Series 2004-FF10, Class A-3                   Original Class Certificate
                                              Principal Balance of the Class A-3
                                              Certificates as of the Closing
Certificate Interest Rate: Floating           Date: $149,033,000

Date of Pooling and Servicing Agreement and   Initial Certificate Principal
Cut-off Date: October 1, 2004                 Balance: $[__]

First Distribution Date: November 26, 2004    Servicer: Countrywide Home Loans
                                              Servicing LP

No.                                           Trustee: JPMorgan Chase Bank

CUSIP: 32027N MH 1                            Closing Date: October 21, 2004

ISIN: US32027NMH16

DISTRIBUTIONS IN REDUCTION OF THE CERTIFICATE PRINCIPAL BALANCE OF THIS
CERTIFICATE MAY BE MADE MONTHLY AS SET FORTH HEREIN. ACCORDINGLY, THE
OUTSTANDING CERTIFICATE PRINCIPAL BALANCE HEREOF AT ANY TIME MAY BE LESS THAN
THE AMOUNT SHOWN ABOVE.

THIS CERTIFICATE DOES NOT REPRESENT AN OBLIGATION OF OR INTEREST IN ASSET BACKED
FUNDING CORPORATION, THE SERVICER, THE TRUSTEE OR ANY OF THEIR AFFILIATES. THIS
CERTIFICATE IS NOT GUARANTEED BY ANY AGENCY OR INSTRUMENTALITY OF THE UNITED
STATES.

          This certifies that _______________ is the registered owner of a
Percentage Interest (obtained by dividing the Initial Certificate Principal
Balance of this Certificate by the Original Class Certificate Principal Balance
of the Class A-3 Certificates) in that certain beneficial ownership interest
evidenced by all the Class A-3 Certificates in the Trust Fund created pursuant
to a Pooling and Servicing Agreement, dated as specified above (the
"Agreement"), among Asset Backed Funding Corporation (hereinafter called the
"Depositor," which term includes any successor entity under the Agreement), the
Servicer and the Trustee, a summary of certain of the pertinent provisions of
which is set forth hereafter. To the extent not defined herein, the capitalized
terms used herein have the meanings assigned in the Agreement. This Certificate
is issued under and is subject to the terms, provisions and conditions of the

                                      A-3-2
<PAGE>

Agreement, to which Agreement the Holder of this Certificate by virtue of the
acceptance hereof assents and by which such Holder is bound.

          Pursuant to the terms of the Agreement, distributions will be made on
the 25th day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (a "Distribution Date"), commencing on the
first Distribution Date specified above, to the Person in whose name this
Certificate is registered on the Business Day immediately preceding such
Distribution Date (the "Record Date"), from funds in the Distribution Account in
an amount equal to the product of the Percentage Interest evidenced by this
Certificate and the amount required to be distributed to the Holders of Class
A-3 Certificates on such Distribution Date pursuant to the Agreement; provided,
however, that if any Class A-3 Certificate becomes a Definitive Certificate, the
Record Date for such Certificate will be the last Business Day of the month
immediately preceding the month in which the related Distribution Date occurs.

          All distributions to the Holder of this Certificate under the
Agreement will be made or caused to be made by or on behalf of the Trustee by
wire transfer in immediately available funds to the account of the Person
entitled thereto if such Person shall have so notified the Certificate Registrar
in writing at least five Business Days prior to the Record Date immediately
prior to such Distribution Date and is the registered owner of Class A-3
Certificates, or by check mailed by first class mail to the address of the
Person entitled thereto, as such name and address shall appear on the
Certificate Register, provided that the Certificate Registrar may deduct a
reasonable wire transfer fee from any payment made by wire transfer.
Notwithstanding the above, the final distribution on this Certificate will be
made after due notice by the Trustee of the pendency of such distribution and
only upon presentation and surrender of this Certificate at the office or agency
appointed by the Trustee for that purpose as provided in the Agreement.

          The Certificate Interest Rate for the Class A-3 Certificates for each
Distribution Date will be the least of (i) One-Month LIBOR as of the related
LIBOR Determination Date plus the Class A-3 Certificate Margin, (ii) the Maximum
Rate Cap and (iii) the Pool Cap. Interest will accrue on the Class A-3
Certificates during each Interest Accrual Period at the Certificate Interest
Rate.

          This Certificate is one of a duly authorized issue of Certificates
designated as First Franklin Mortgage Loan Trust 2004-FF10, Asset-Backed
Certificates, of the Series specified on the face hereof (herein called the
"Certificates") and representing a Percentage Interest in the Class A-3
Certificates.

          The Class A-3 Certificates are limited in right of payment to certain
collections and recoveries respecting the Mortgage Loans, all as more
specifically set forth herein and in the Agreement. As provided in the
Agreement, withdrawals from the Collection Accounts and the Distribution Account
may be made from time to time for purposes other than distributions to
Certificateholders, such purposes including reimbursement of advances made, or
certain expenses incurred, with respect to the Mortgage Loans.

          The Agreement permits, with certain exceptions therein provided, the
amendment thereof and the modification of the rights and obligations of the
Depositor, the Servicer and the Trustee and the rights of the Certificateholders
under the Agreement at any time by the

                                      A-3-3
<PAGE>

Depositor, the Servicer and the Trustee with the consent of the Holders of
Certificates entitled to the Voting Rights identified in the Agreement. Any such
consent by the Holder of this Certificate shall be conclusive and binding on
such Holder and upon all future Holders of this Certificate and of any
Certificate issued upon the transfer hereof or in exchange herefor or in lieu
hereof whether or not notation of such consent is made upon this Certificate.
The Agreement also permits the amendment thereof, in certain limited
circumstances, without the consent of the Holders of any of the Certificates.

          As provided in the Agreement and subject to certain limitations
therein set forth, the transfer of this Certificate is registrable in the
Certificate Register upon surrender of this Certificate for registration of
transfer at the offices or agencies appointed by the Trustee as provided in the
Agreement, duly endorsed by, or accompanied by an assignment in the form below
or other written instrument of transfer in form satisfactory to the Trustee and
the Certificate Registrar duly executed by, the Holder hereof or such Holder's
attorney duly authorized in writing, and thereupon one or more new Certificates
of the same Class in authorized denominations evidencing the same aggregate
Percentage Interest will be issued to the designated transferee or transferees.

          The Certificates are issuable in fully registered form only without
coupons in Classes and denominations representing Percentage Interests specified
in the Agreement. As provided in the Agreement and subject to certain
limitations therein set forth, Certificates are exchangeable for new
Certificates of the same Class in authorized denominations evidencing the same
aggregate Percentage Interest, as requested by the Holder surrendering the same.

          No service charge will be made for any such registration of transfer
or exchange of Certificates, but the Certificate Registrar may require payment
of a sum sufficient to cover any tax or other governmental charge that may be
imposed in connection with any transfer or exchange of Certificates.

          The Depositor, the Servicer, the Trustee and the Certificate Registrar
and any agent of the Depositor, the Servicer, the Trustee or the Certificate
Registrar may treat the Person in whose name this Certificate is registered as
the owner hereof for all purposes, and none of the Depositor, the Servicer, the
Trustee, the Certificate Registrar nor any such agent shall be affected by
notice to the contrary.

          The obligations created by the Agreement and the Trust Fund created
thereby shall terminate upon payment to the Certificateholders of all amounts
held by or on behalf of the Trustee and required to be paid to them pursuant to
the Agreement following the earlier of (i) the final payment or other
liquidation (or any advance with respect thereto) of the last Mortgage Loan
remaining in the Trust Fund, and (ii) the purchase by the party designated in
the Agreement at a price determined as provided in the Agreement from the Trust
Fund of all Mortgage Loans and all property acquired in respect of such Mortgage
Loans. The Agreement permits, but does not require, the party designated in the
Agreement to purchase from the Trust Fund all Mortgage Loans and all property
acquired in respect of any Mortgage Loan at a price determined as provided in
the Agreement. The exercise of such right will effect early retirement of the
Certificates; however, such right to purchase is subject to the aggregate Pool
Balance of the

                                      A-3-4
<PAGE>

Mortgage Loans at the time of purchase being 10% or less of the Cut-off Date
Aggregate Principal Balance.

          The recitals contained herein shall be taken as statements of the
Depositor and the Trustee assumes no responsibility for their correctness.

          Unless the certificate of authentication hereon has been executed by
the Certificate Registrar, by manual signature, this Certificate shall not be
entitled to any benefit under the Agreement or be valid for any purpose.

                                      A-3-5
<PAGE>

          IN WITNESS WHEREOF, the Trustee has caused this Certificate to be duly
executed.

Dated:


                                             JPMORGAN CHASE BANK, as Trustee


                                             By:
                                                --------------------------------
                                                Authorized Officer

                          CERTIFICATE OF AUTHENTICATION

          This is one of the Certificates referred to in the within-mentioned
Agreement.


                                             JPMORGAN CHASE BANK, as Certificate
                                               Registrar


                                             By:
                                                --------------------------------
                                                Authorized Signatory

Date of authentication:

                                      A-3-6
<PAGE>

                                  ABBREVIATIONS

          The following abbreviations, when used in the inscription on the face
of this instrument, shall be construed as though they were written out in full
according to applicable laws or regulations:

TEN COM - as tenants in common           UNIF GIFT MIN ACT - Custodian
                                                             ---------
                                                             (Cust) (Minor)
TEN ENT - as tenants by the entireties                       under Uniform Gifts
                                                             to Minors Act
JT TEN  - as joint tenants with right                        ___________________
          of survivorship and not as                               (State)
          tenants in common

          Additional abbreviations may also be used though not in the above
list.

                                   ASSIGNMENT

          FOR VALUE RECEIVED, the undersigned hereby sell(s), assign(s) and
transfer(s) unto _______________________________________________________________
________________________________________________________________________________
(Please print or typewrite name, address including postal zip code, and Taxpayer
Identification Number of assignee) a Percentage Interest equal to ____%
evidenced by the within asset-backed Certificate and hereby authorize(s) the
registration of transfer of such interest to assignee on the Certificate
Register of the Trust Fund.

          I (we) further direct the Certificate Registrar to issue a new
Certificate of a like Percentage Interest and Class to the above named assignee
and deliver such Certificate to the following address:
________________________________________________________________________________

Dated:


                                       -----------------------------------------
                                       Signature by or on behalf of assignor


                                       -----------------------------------------
                                       Signature Guaranteed

                                      A-3-7
<PAGE>

                            DISTRIBUTION INSTRUCTIONS

          The assignee should include the following for purposes of
distribution:

          Distributions shall be made, by wire transfer or otherwise, in
immediately available funds to _________________________________________________
________________________________________________________________________________
for the account of __________________________, account number _________________,
or, if mailed by check, to ____________________________________________________.
Applicable statements should be mailed to ______________________________________
This information is provided by _______________________________________________,
the assignee named above, or ________________________________________, as its
agent.

                                      A-3-8
<PAGE>

                                   EXHIBIT B-1

                         [FORM OF CLASS M-1 CERTIFICATE]

UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO THE TRUSTEE OR ITS
AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE
ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS
REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO
CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR
OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER
HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.

THIS CERTIFICATE IS SUBORDINATED IN RIGHT OF PAYMENT TO THE CLASS A CERTIFICATES
AS DESCRIBED IN THE POOLING AND SERVICING AGREEMENT REFERRED TO HEREIN.

FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE REPRESENTS BENEFICIAL
OWNERSHIP OF A "REGULAR INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT
CONDUIT," AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF
THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE "CODE") AND CERTAIN OTHER
PROPERTY.

THE CLASS M-1 CERTIFICATES ARE ONLY OFFERED FOR SALE, AND ARE ONLY TRANSFERABLE
TO PLAN INVESTORS IF AN EXEMPTION FROM THE PROHIBITED TRANSACTION RULES OF ERISA
AND THE CODE APPLIES.

                                      B-1-1
<PAGE>

                  FIRST FRANKLIN MORTGAGE LOAN TRUST 2004-FF10
                            ASSET-BACKED CERTIFICATES
                           SERIES 2004-FF10, CLASS M-1

evidencing a beneficial ownership interest in a Trust Fund consisting primarily
of a pool of conventional fixed-rate and adjustable-rate one- to four-family
first lien mortgage loans formed and sold by

                        ASSET BACKED FUNDING CORPORATION

Series 2004-FF10, Class M-1                   Original Class Certificate
                                              Principal Balance of the Class M-1
                                              Certificates as of the Closing
Certificate Interest Rate: Floating           Date: $77,415,000

Date of Pooling and Servicing Agreement and   Initial Certificate Principal
Cut-off Date: October 1, 2004                 Balance: $[__]

First Distribution Date: November 26, 2004    Servicer: Countrywide Home Loans
                                              Servicing LP

No.                                           Trustee: JPMorgan Chase Bank

CUSIP: 32027N MJ 7                            Closing Date: October 21, 2004

ISIN: US32027NMJ71

DISTRIBUTIONS IN REDUCTION OF THE CERTIFICATE PRINCIPAL BALANCE OF THIS
CERTIFICATE MAY BE MADE MONTHLY AS SET FORTH HEREIN. ACCORDINGLY, THE
OUTSTANDING CERTIFICATE PRINCIPAL BALANCE HEREOF AT ANY TIME MAY BE LESS THAN
THE AMOUNT SHOWN ABOVE.

THIS CERTIFICATE DOES NOT REPRESENT AN OBLIGATION OF OR INTEREST IN ASSET BACKED
FUNDING CORPORATION, THE SERVICER, THE TRUSTEE OR ANY OF THEIR AFFILIATES. THIS
CERTIFICATE IS NOT GUARANTEED BY ANY AGENCY OR INSTRUMENTALITY OF THE UNITED
STATES.

          This certifies that _________________ is the registered owner of a
Percentage Interest (obtained by dividing the Initial Certificate Principal
Balance of this Certificate by the Original Class Certificate Principal Balance
of the Class M-1 Certificates) in that certain beneficial ownership interest
evidenced by all the Class M-1 Certificates in the Trust Fund created pursuant
to a Pooling and Servicing Agreement, dated as specified above (the
"Agreement"), among Asset Backed Funding Corporation (hereinafter called the
"Depositor," which term includes any successor entity under the Agreement), the
Servicer and the Trustee, a summary of certain of the pertinent provisions of
which is set forth hereafter. To the extent not defined herein, the capitalized
terms used herein have the meanings assigned in the Agreement. This Certificate
is issued under and is subject to the terms, provisions and conditions of the
Agreement, to which Agreement the Holder of this Certificate by virtue of the
acceptance hereof assents and by which such Holder is bound.

                                      B-1-2
<PAGE>

          Pursuant to the terms of the Agreement, distributions will be made on
the 25th day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (a "Distribution Date"), commencing on the
first Distribution Date specified above, to the Person in whose name this
Certificate is registered on the Business Day immediately preceding such
Distribution Date (the "Record Date"), from funds in the Distribution Account in
an amount equal to the product of the Percentage Interest evidenced by this
Certificate and the amount required to be distributed to the Holders of Class
M-1 Certificates on such Distribution Date pursuant to the Agreement; provided,
however, that if any Class M-1 Certificate becomes a Definitive Certificate, the
Record Date for such Certificate will be the last Business Day of the month
immediately preceding the month in which the related Distribution Date occurs.

          All distributions to the Holder of this Certificate under the
Agreement will be made or caused to be made by or on behalf of the Trustee by
wire transfer in immediately available funds to the account of the Person
entitled thereto if such Person shall have so notified the Certificate Registrar
in writing at least five Business Days prior to the Record Date immediately
prior to such Distribution Date and is the registered owner of Class M-1
Certificates, or by check mailed by first class mail to the address of the
Person entitled thereto, as such name and address shall appear on the
Certificate Register, provided that the Certificate Registrar may deduct a
reasonable wire transfer fee from any payment made by wire transfer.
Notwithstanding the above, the final distribution on this Certificate will be
made after due notice by the Trustee of the pendency of such distribution and
only upon presentation and surrender of this Certificate at the office or agency
appointed by the Trustee for that purpose as provided in the Agreement.

          The Certificate Interest Rate for the Class M-1 Certificates for each
Distribution Date will be the least of (i) One-Month LIBOR as of the related
LIBOR Determination Date plus the Class M-1 Certificate Margin, (ii) the Maximum
Rate Cap and (iii) the Pool Cap. Interest will accrue on the Class M-1
Certificates during each Interest Accrual Period at the Certificate Interest
Rate.

          This Certificate is one of a duly authorized issue of Certificates
designated as First Franklin Mortgage Loan Trust 2004-FF10, Asset-Backed
Certificates, of the Series specified on the face hereof (herein called the
"Certificates") and representing a Percentage Interest in the Class M-1
Certificates.

          The Class M-1 Certificates are limited in right of payment to certain
collections and recoveries respecting the Mortgage Loans, all as more
specifically set forth herein and in the Agreement. As provided in the
Agreement, withdrawals from the Collection Accounts and the Distribution Account
may be made from time to time for purposes other than distributions to
Certificateholders, such purposes including reimbursement of advances made, or
certain expenses incurred, with respect to the Mortgage Loans.

          This certificate is subordinated in right of payment to the Class A
Certificates as described in the Agreement referred to herein.

          The Agreement permits, with certain exceptions therein provided, the
amendment thereof and the modification of the rights and obligations of the
Depositor, the Servicer, the

                                      B-1-3
<PAGE>

Trustee and the rights of the Certificateholders under the Agreement at any time
by the Depositor, the Servicer and the Trustee with the consent of the Holders
of Certificates entitled to the Voting Rights identified in the Agreement. Any
such consent by the Holder of this Certificate shall be conclusive and binding
on such Holder and upon all future Holders of this Certificate and of any
Certificate issued upon the transfer hereof or in exchange herefor or in lieu
hereof whether or not notation of such consent is made upon this Certificate.
The Agreement also permits the amendment thereof, in certain limited
circumstances, without the consent of the Holders of any of the Certificates.

          As provided in the Agreement and subject to certain limitations
therein set forth, the transfer of this Certificate is registrable in the
Certificate Register upon surrender of this Certificate for registration of
transfer at the offices or agencies appointed by the Trustee as provided in the
Agreement, duly endorsed by, or accompanied by an assignment in the form below
or other written instrument of transfer in form satisfactory to the Trustee and
the Certificate Registrar duly executed by, the Holder hereof or such Holder's
attorney duly authorized in writing, and thereupon one or more new Certificates
of the same Class in authorized denominations evidencing the same aggregate
Percentage Interest will be issued to the designated transferee or transferees.

          The Certificates are issuable in fully registered form only without
coupons in Classes and denominations representing Percentage Interests specified
in the Agreement. As provided in the Agreement and subject to certain
limitations therein set forth, Certificates are exchangeable for new
Certificates of the same Class in authorized denominations evidencing the same
aggregate Percentage Interest, as requested by the Holder surrendering the same.

          No service charge will be made for any such registration of transfer
or exchange of Certificates, but the Certificate Registrar may require payment
of a sum sufficient to cover any tax or other governmental charge that may be
imposed in connection with any transfer or exchange of Certificates.

          The Depositor, the Servicer, the Trustee and the Certificate Registrar
and any agent of the Depositor, the Servicer, the Trustee or the Certificate
Registrar may treat the Person in whose name this Certificate is registered as
the owner hereof for all purposes, and none of the Depositor, the Servicer, the
Trustee, the Certificate Registrar nor any such agent shall be affected by
notice to the contrary.

          The obligations created by the Agreement and the Trust Fund created
thereby shall terminate upon payment to the Certificateholders of all amounts
held by or on behalf of the Trustee and required to be paid to them pursuant to
the Agreement following the earlier of (i) the final payment or other
liquidation (or any advance with respect thereto) of the last Mortgage Loan
remaining in the Trust Fund, and (ii) the purchase by the party designated in
the Agreement at a price determined as provided in the Agreement from the Trust
Fund of all Mortgage Loans and all property acquired in respect of such Mortgage
Loans. The Agreement permits, but does not require, the party designated in the
Agreement to purchase from the Trust Fund all Mortgage Loans and all property
acquired in respect of any Mortgage Loan at a price determined as provided in
the Agreement. The exercise of such right will effect early retirement of the
Certificates; however, such right to purchase is subject to the aggregate Pool
Balance of the

                                      B-1-4
<PAGE>

Mortgage Loans at the time of purchase being 10% or less of the Cut-off Date
Aggregate Principal Balance.

          The recitals contained herein shall be taken as statements of the
Depositor and the Trustee assumes no responsibility for their correctness.

          Unless the certificate of authentication hereon has been executed by
the Certificate Registrar, by manual signature, this Certificate shall not be
entitled to any benefit under the Agreement or be valid for any purpose.

                                      B-1-5
<PAGE>

          IN WITNESS WHEREOF, the Trustee has caused this Certificate to be duly
executed.

Dated:


                                             JPMORGAN CHASE BANK, as Trustee


                                             By:
                                                --------------------------------
                                                Authorized Officer

                          CERTIFICATE OF AUTHENTICATION

          This is one of the Certificates referred to in the within-mentioned
Agreement.


                                             JPMORGAN CHASE BANK, as Certificate
                                               Registrar


                                             By:
                                                --------------------------------
                                                Authorized Signatory

Date of authentication:

                                      B-1-6
<PAGE>

                                  ABBREVIATIONS

          The following abbreviations, when used in the inscription on the face
of this instrument, shall be construed as though they were written out in full
according to applicable laws or regulations:

TEN COM - as tenants in common           UNIF GIFT MIN ACT - Custodian
                                                             ---------
                                                             (Cust) (Minor)
TEN ENT - as tenants by the entireties                       under Uniform Gifts
                                                             to Minors Act
JT TEN  - as joint tenants with right                        ___________________
          of survivorship and not as                               (State)
          tenants in common

          Additional abbreviations may also be used though not in the above
list.

                                   ASSIGNMENT

          FOR VALUE RECEIVED, the undersigned hereby sell(s), assign(s) and
transfer(s) unto________________________________________________________________
________________________________________________________________________________
(Please print or typewrite name, address including postal zip code, and Taxpayer
Identification Number of assignee) a Percentage Interest equal to ____%
evidenced by the within asset-backed Certificate and hereby authorize(s) the
registration of transfer of such interest to assignee on the Certificate
Register of the Trust Fund.

          I (we) further direct the Certificate Registrar to issue a new
Certificate of a like Percentage Interest and Class to the above named assignee
and deliver such Certificate to the following address:
________________________________________________________________________________

Dated:


                                       -----------------------------------------
                                       Signature by or on behalf of assignor


                                       -----------------------------------------
                                       Signature Guaranteed

                                      B-1-7
<PAGE>

                            DISTRIBUTION INSTRUCTIONS

          The assignee should include the following for purposes of
distribution:

          Distributions shall be made, by wire transfer or otherwise, in
immediately available funds to _________________________________________________
________________________________________________________________________________
for the account of _______________________________, account number_____________,
or, if mailed by check, to_____________________________________________________.
Applicable statements should be mailed to_______________________________________
This information is provided by________________________________________________,
the assignee named above, or __________________________________, as its agent.

                                      B-1-8
<PAGE>

                                   EXHIBIT B-2

                         [FORM OF CLASS M-2 CERTIFICATE]

UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO THE TRUSTEE OR ITS
AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE
ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS
REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO
CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR
OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER
HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.

THIS CERTIFICATE IS SUBORDINATED IN RIGHT OF PAYMENT TO THE CLASS A AND CLASS
M-1 CERTIFICATES AS DESCRIBED IN THE POOLING AND SERVICING AGREEMENT REFERRED TO
HEREIN.

FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE REPRESENTS BENEFICIAL
OWNERSHIP OF A "REGULAR INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT
CONDUIT," AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF
THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE "CODE") AND CERTAIN OTHER
PROPERTY.

THE CLASS M-2 CERTIFICATES ARE ONLY OFFERED FOR SALE, AND ARE ONLY TRANSFERABLE
TO PLAN INVESTORS IF AN EXEMPTION FROM THE PROHIBITED TRANSACTION RULES OF ERISA
AND THE CODE APPLIES.

                                      B-2-1
<PAGE>

                  FIRST FRANKLIN MORTGAGE LOAN TRUST 2004-FF10
                            ASSET-BACKED CERTIFICATES
                           SERIES 2004-FF10, CLASS M-2

evidencing a beneficial ownership interest in a Trust Fund consisting primarily
of a pool of conventional fixed-rate and adjustable-rate one- to four-family
first lien mortgage loans formed and sold by

                        ASSET BACKED FUNDING CORPORATION

Series 2004-FF10, Class M-2                   Original Class Certificate
                                              Principal Balance of the Class M-2
                                              Certificates as of the
Certificate Interest Rate: Floating           Closing Date: $32,083,000

Date of Pooling and Servicing Agreement and   Initial Certificate Principal
Cut-off Date: October 1, 2004                 Balance: $[__]

First Distribution Date: November 26, 2004    Servicer: Countrywide Home Loans
                                              Servicing LP

No.                                           Trustee: JPMorgan Chase Bank

CUSIP: 32027N MK 4                            Closing Date: October 21, 2004

ISIN: US32027NMK45

DISTRIBUTIONS IN REDUCTION OF THE CERTIFICATE PRINCIPAL BALANCE OF THIS
CERTIFICATE MAY BE MADE MONTHLY AS SET FORTH HEREIN. ACCORDINGLY, THE
OUTSTANDING CERTIFICATE PRINCIPAL BALANCE HEREOF AT ANY TIME MAY BE LESS THAN
THE AMOUNT SHOWN ABOVE.

THIS CERTIFICATE DOES NOT REPRESENT AN OBLIGATION OF OR INTEREST IN ASSET BACKED
FUNDING CORPORATION, THE SERVICER, THE TRUSTEE OR ANY OF THEIR AFFILIATES. THIS
CERTIFICATE IS NOT GUARANTEED BY ANY AGENCY OR INSTRUMENTALITY OF THE UNITED
STATES.

          This certifies that _________________ is the registered owner of a
Percentage Interest (obtained by dividing the Initial Certificate Principal
Balance of this Certificate by the Original Class Certificate Principal Balance
of the Class M-2 Certificates) in that certain beneficial ownership interest
evidenced by all the Class M-2 Certificates in the Trust Fund created pursuant
to a Pooling and Servicing Agreement, dated as specified above (the
"Agreement"), among Asset Backed Funding Corporation (hereinafter called the
"Depositor," which term includes any successor entity under the Agreement), the
Servicer and the Trustee, a summary of certain of the pertinent provisions of
which is set forth hereafter. To the extent not defined herein, the capitalized
terms used herein have the meanings assigned in the Agreement. This Certificate
is issued under and is subject to the terms, provisions and conditions of the
Agreement, to which Agreement the Holder of this Certificate by virtue of the
acceptance hereof assents and by which such Holder is bound.

                                      B-2-2
<PAGE>

          Pursuant to the terms of the Agreement, distributions will be made on
the 25th day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (a "Distribution Date"), commencing on the
first Distribution Date specified above, to the Person in whose name this
Certificate is registered on the Business Day immediately preceding such
Distribution Date (the "Record Date"), from funds in the Distribution Account in
an amount equal to the product of the Percentage Interest evidenced by this
Certificate and the amount required to be distributed to the Holders of Class
M-2 Certificates on such Distribution Date pursuant to the Agreement; provided,
however, that if any Class M-2 Certificate becomes a Definitive Certificate, the
Record Date for such Certificate will be the last Business Day of the month
immediately preceding the month in which the related Distribution Date occurs.

          All distributions to the Holder of this Certificate under the
Agreement will be made or caused to be made by or on behalf of the Trustee by
wire transfer in immediately available funds to the account of the Person
entitled thereto if such Person shall have so notified the Certificate Registrar
in writing at least five Business Days prior to the Record Date immediately
prior to such Distribution Date and is the registered owner of Class M-2
Certificates, or by check mailed by first class mail to the address of the
Person entitled thereto, as such name and address shall appear on the
Certificate Register, provided that the Certificate Registrar may deduct a
reasonable wire transfer fee from any payment made by wire transfer.
Notwithstanding the above, the final distribution on this Certificate will be
made after due notice by the Trustee of the pendency of such distribution and
only upon presentation and surrender of this Certificate at the office or agency
appointed by the Trustee for that purpose as provided in the Agreement.

          The Certificate Interest Rate for the Class M-2 Certificates for each
Distribution Date will be the least of (i) One-Month LIBOR as of the related
LIBOR Determination Date plus the Class M-2 Certificate Margin, (ii) the Maximum
Rate Cap and (iii) the Pool Cap. Interest will accrue on the Class M-2
Certificates during each Interest Accrual Period at the Certificate Interest
Rate.

          This Certificate is one of a duly authorized issue of Certificates
designated as First Franklin Mortgage Loan Trust 2004-FF10, Asset-Backed
Certificates, of the Series specified on the face hereof (herein called the
"Certificates") and representing a Percentage Interest in the Class M-2
Certificates.

          The Class M-2 Certificates are limited in right of payment to certain
collections and recoveries respecting the Mortgage Loans, all as more
specifically set forth herein and in the Agreement. As provided in the
Agreement, withdrawals from the Collection Accounts and the Distribution Account
may be made from time to time for purposes other than distributions to
Certificateholders, such purposes including reimbursement of advances made, or
certain expenses incurred, with respect to the Mortgage Loans.

          This certificate is subordinated in right of payment to the Class A
Certificates and Class M-1 Certificates as described in the Agreement referred
to herein.

          The Agreement permits, with certain exceptions therein provided, the
amendment thereof and the modification of the rights and obligations of the
Depositor, the Servicer, the

                                      B-2-3
<PAGE>

Trustee and the rights of the Certificateholders under the Agreement at any time
by the Depositor, the Servicer and the Trustee with the consent of the Holders
of Certificates entitled to the Voting Rights identified in the Agreement. Any
such consent by the Holder of this Certificate shall be conclusive and binding
on such Holder and upon all future Holders of this Certificate and of any
Certificate issued upon the transfer hereof or in exchange herefor or in lieu
hereof whether or not notation of such consent is made upon this Certificate.
The Agreement also permits the amendment thereof, in certain limited
circumstances, without the consent of the Holders of any of the Certificates.

          As provided in the Agreement and subject to certain limitations
therein set forth, the transfer of this Certificate is registrable in the
Certificate Register upon surrender of this Certificate for registration of
transfer at the offices or agencies appointed by the Trustee as provided in the
Agreement, duly endorsed by, or accompanied by an assignment in the form below
or other written instrument of transfer in form satisfactory to the Trustee and
the Certificate Registrar duly executed by, the Holder hereof or such Holder's
attorney duly authorized in writing, and thereupon one or more new Certificates
of the same Class in authorized denominations evidencing the same aggregate
Percentage Interest will be issued to the designated transferee or transferees.

          The Certificates are issuable in fully registered form only without
coupons in Classes and denominations representing Percentage Interests specified
in the Agreement. As provided in the Agreement and subject to certain
limitations therein set forth, Certificates are exchangeable for new
Certificates of the same Class in authorized denominations evidencing the same
aggregate Percentage Interest, as requested by the Holder surrendering the same.

          No service charge will be made for any such registration of transfer
or exchange of Certificates, but the Certificate Registrar may require payment
of a sum sufficient to cover any tax or other governmental charge that may be
imposed in connection with any transfer or exchange of Certificates.

          The Depositor, the Servicer, the Trustee and the Certificate Registrar
and any agent of the Depositor, the Servicer, the Trustee or the Certificate
Registrar may treat the Person in whose name this Certificate is registered as
the owner hereof for all purposes, and none of the Depositor, the Servicer, the
Trustee, the Certificate Registrar nor any such agent shall be affected by
notice to the contrary.

          The obligations created by the Agreement and the Trust Fund created
thereby shall terminate upon payment to the Certificateholders of all amounts
held by or on behalf of the Trustee and required to be paid to them pursuant to
the Agreement following the earlier of (i) the final payment or other
liquidation (or any advance with respect thereto) of the last Mortgage Loan
remaining in the Trust Fund, and (ii) the purchase by the party designated in
the Agreement at a price determined as provided in the Agreement from the Trust
Fund of all Mortgage Loans and all property acquired in respect of such Mortgage
Loans. The Agreement permits, but does not require, the party designated in the
Agreement to purchase from the Trust Fund all Mortgage Loans and all property
acquired in respect of any Mortgage Loan at a price determined as provided in
the Agreement. The exercise of such right will effect early retirement of the
Certificates; however, such right to purchase is subject to the aggregate Pool
Balance of the

                                      B-2-4
<PAGE>

Mortgage Loans at the time of purchase being 10% or less of the Cut-off Date
Aggregate Principal Balance.

          The recitals contained herein shall be taken as statements of the
Depositor and the Trustee assumes no responsibility for their correctness.

          Unless the certificate of authentication hereon has been executed by
the Certificate Registrar, by manual signature, this Certificate shall not be
entitled to any benefit under the Agreement or be valid for any purpose.

                                      B-2-5
<PAGE>

          IN WITNESS WHEREOF, the Trustee has caused this Certificate to be duly
executed.

Dated:


                                             JPMORGAN CHASE BANK, as Trustee


                                             By:
                                                --------------------------------
                                                Authorized Officer

                          CERTIFICATE OF AUTHENTICATION

          This is one of the Certificates referred to in the within-mentioned
Agreement.


                                             JPMORGAN CHASE BANK, as Certificate
                                               Registrar


                                             By:
                                                --------------------------------
                                                Authorized Signatory

Date of authentication:

                                      B-2-6
<PAGE>

                                  ABBREVIATIONS

          The following abbreviations, when used in the inscription on the face
of this instrument, shall be construed as though they were written out in full
according to applicable laws or regulations:

TEN COM - as tenants in common           UNIF GIFT MIN ACT - Custodian
                                                             ---------
                                                             (Cust) (Minor)
TEN ENT - as tenants by the entireties                       under Uniform Gifts
                                                             to Minors Act
JT TEN  - as joint tenants with right                        ___________________
          of survivorship and not as                               (State)
          tenants in common

          Additional abbreviations may also be used though not in the above
list.

                                   ASSIGNMENT

          FOR VALUE RECEIVED, the undersigned hereby sell(s), assign(s) and
transfer(s) unto________________________________________________________________
________________________________________________________________________________
(Please print or typewrite name, address including postal zip code, and Taxpayer
Identification Number of assignee) a Percentage Interest equal to ____%
evidenced by the within asset-backed Certificate and hereby authorize(s) the
registration of transfer of such interest to assignee on the Certificate
Register of the Trust Fund.

          I (we) further direct the Certificate Registrar to issue a new
Certificate of a like Percentage Interest and Class to the above named assignee
and deliver such Certificate to the following address:
________________________________________________________________________________

Dated:


                                       -----------------------------------------
                                       Signature by or on behalf of assignor


                                       -----------------------------------------
                                       Signature Guaranteed

                                      B-2-7
<PAGE>

                            DISTRIBUTION INSTRUCTIONS

          The assignee should include the following for purposes of
distribution:

          Distributions shall be made, by wire transfer or otherwise, in
immediately available funds to _________________________________________________
________________________________________________________________________________
for the account of ____________________________, account number _______________,
or, if mailed by check, to ____________________________________________________.
Applicable statements should be mailed to_______________________________________
This information is provided by _______________________________________________,
the assignee named above, or ________________________________________, as its
agent.

                                      B-2-8
<PAGE>

                                   EXHIBIT B-3

                         [FORM OF CLASS M-3 CERTIFICATE]

UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO THE TRUSTEE OR ITS
AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE
ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS
REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO
CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR
OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER
HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.

THIS CERTIFICATE IS SUBORDINATED IN RIGHT OF PAYMENT TO THE CLASS A, CLASS M-1
AND CLASS M-2 CERTIFICATES AS DESCRIBED IN THE POOLING AND SERVICING AGREEMENT
REFERRED TO HEREIN.

FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE REPRESENTS BENEFICIAL
OWNERSHIP OF A "REGULAR INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT
CONDUIT," AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF
THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE "CODE") AND CERTAIN OTHER
PROPERTY.

THE CLASS M-3 CERTIFICATES ARE ONLY OFFERED FOR SALE, AND ARE ONLY TRANSFERABLE
TO PLAN INVESTORS IF AN EXEMPTION FROM THE PROHIBITED TRANSACTION RULES OF ERISA
AND THE CODE APPLIES.

                                      B-3-1
<PAGE>

                  FIRST FRANKLIN MORTGAGE LOAN TRUST 2004-FF10
                            ASSET-BACKED CERTIFICATES
                           SERIES 2004-FF10, CLASS M-3

evidencing a beneficial ownership interest in a Trust Fund consisting primarily
of a pool of conventional fixed-rate and adjustable-rate one- to four-family
first lien mortgage loans formed and sold by

                        ASSET BACKED FUNDING CORPORATION

Series 2004-FF10, Class M-3                   Original Class Certificate
                                              Principal Balance of the Class M-3
                                              Certificates as of the Closing
Certificate Interest Rate: Floating           Date: $13,251,000

Date of Pooling and Servicing Agreement and   Initial Certificate Principal
Cut-off Date: October 1, 2004                 Balance: $[__]

First Distribution Date: November 26, 2004    Servicer: Countrywide Home Loans
                                              Servicing LP

No.                                           Trustee: JPMorgan Chase Bank

CUSIP: 32027N ML 2                            Closing Date: October 21, 2004

ISIN: US32027NML28

DISTRIBUTIONS IN REDUCTION OF THE CERTIFICATE PRINCIPAL BALANCE OF THIS
CERTIFICATE MAY BE MADE MONTHLY AS SET FORTH HEREIN. ACCORDINGLY, THE
OUTSTANDING CERTIFICATE PRINCIPAL BALANCE HEREOF AT ANY TIME MAY BE LESS THAN
THE AMOUNT SHOWN ABOVE.

THIS CERTIFICATE DOES NOT REPRESENT AN OBLIGATION OF OR INTEREST IN ASSET BACKED
FUNDING CORPORATION, THE SERVICER, THE TRUSTEE OR ANY OF THEIR AFFILIATES. THIS
CERTIFICATE IS NOT GUARANTEED BY ANY AGENCY OR INSTRUMENTALITY OF THE UNITED
STATES.

          This certifies that _________________ is the registered owner of a
Percentage Interest (obtained by dividing the Initial Certificate Principal
Balance of this Certificate by the Original Class Certificate Principal Balance
of the Class M-3 Certificates) in that certain beneficial ownership interest
evidenced by all the Class M-3 Certificates in the Trust Fund created pursuant
to a Pooling and Servicing Agreement, dated as specified above (the
"Agreement"), among Asset Backed Funding Corporation (hereinafter called the
"Depositor," which term includes any successor entity under the Agreement), the
Servicer and the Trustee, a summary of certain of the pertinent provisions of
which is set forth hereafter. To the extent not defined herein, the capitalized
terms used herein have the meanings assigned in the Agreement. This Certificate
is issued under and is subject to the terms, provisions and conditions of the
Agreement, to which Agreement the Holder of this Certificate by virtue of the
acceptance hereof assents and by which such Holder is bound.

                                      B-3-2
<PAGE>

          Pursuant to the terms of the Agreement, distributions will be made on
the 25th day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (a "Distribution Date"), commencing on the
first Distribution Date specified above, to the Person in whose name this
Certificate is registered on the Business Day immediately preceding such
Distribution Date (the "Record Date"), from funds in the Distribution Account in
an amount equal to the product of the Percentage Interest evidenced by this
Certificate and the amount required to be distributed to the Holders of Class
M-3 Certificates on such Distribution Date pursuant to the Agreement; provided,
however, that if any Class M-3 Certificate becomes a Definitive Certificate, the
Record Date for such Certificate will be the last Business Day of the month
immediately preceding the month in which the related Distribution Date occurs.

          All distributions to the Holder of this Certificate under the
Agreement will be made or caused to be made by or on behalf of the Trustee by
wire transfer in immediately available funds to the account of the Person
entitled thereto if such Person shall have so notified the Certificate Registrar
in writing at least five Business Days prior to the Record Date immediately
prior to such Distribution Date and is the registered owner of Class M-3
Certificates, or by check mailed by first class mail to the address of the
Person entitled thereto, as such name and address shall appear on the
Certificate Register, provided that the Certificate Registrar may deduct a
reasonable wire transfer fee from any payment made by wire transfer.
Notwithstanding the above, the final distribution on this Certificate will be
made after due notice by the Trustee of the pendency of such distribution and
only upon presentation and surrender of this Certificate at the office or agency
appointed by the Trustee for that purpose as provided in the Agreement.

          The Certificate Interest Rate for the Class M-3 Certificates for each
Distribution Date will be the least of (i) One-Month LIBOR as of the related
LIBOR Determination Date plus the Class M-3 Certificate Margin, (ii) the Maximum
Rate Cap and (iii) the Pool Cap. Interest will accrue on the Class M-3
Certificates during each Interest Accrual Period at the Certificate Interest
Rate.

          This Certificate is one of a duly authorized issue of Certificates
designated as First Franklin Mortgage Loan Trust 2004-FF10, Asset-Backed
Certificates, of the Series specified on the face hereof (herein called the
"Certificates") and representing a Percentage Interest in the Class M-3
Certificates.

          The Class M-3 Certificates are limited in right of payment to certain
collections and recoveries respecting the Mortgage Loans, all as more
specifically set forth herein and in the Agreement. As provided in the
Agreement, withdrawals from the Collection Accounts and the Distribution Account
may be made from time to time for purposes other than distributions to
Certificateholders, such purposes including reimbursement of advances made, or
certain expenses incurred, with respect to the Mortgage Loans.

          This certificate is subordinated in right of payment to the Class A
Certificates, Class M-1 Certificate and Class M-2 Certificates as described in
the Agreement referred to herein.

                                      B-3-3
<PAGE>

          The Agreement permits, with certain exceptions therein provided, the
amendment thereof and the modification of the rights and obligations of the
Depositor, the Servicer, the Trustee and the rights of the Certificateholders
under the Agreement at any time by the Depositor, the Servicer and the Trustee
with the consent of the Holders of Certificates entitled to the Voting Rights
identified in the Agreement. Any such consent by the Holder of this Certificate
shall be conclusive and binding on such Holder and upon all future Holders of
this Certificate and of any Certificate issued upon the transfer hereof or in
exchange herefor or in lieu hereof whether or not notation of such consent is
made upon this Certificate. The Agreement also permits the amendment thereof, in
certain limited circumstances, without the consent of the Holders of any of the
Certificates.

          As provided in the Agreement and subject to certain limitations
therein set forth, the transfer of this Certificate is registrable in the
Certificate Register upon surrender of this Certificate for registration of
transfer at the offices or agencies appointed by the Trustee as provided in the
Agreement, duly endorsed by, or accompanied by an assignment in the form below
or other written instrument of transfer in form satisfactory to the Trustee and
the Certificate Registrar duly executed by, the Holder hereof or such Holder's
attorney duly authorized in writing, and thereupon one or more new Certificates
of the same Class in authorized denominations evidencing the same aggregate
Percentage Interest will be issued to the designated transferee or transferees.

          The Certificates are issuable in fully registered form only without
coupons in Classes and denominations representing Percentage Interests specified
in the Agreement. As provided in the Agreement and subject to certain
limitations therein set forth, Certificates are exchangeable for new
Certificates of the same Class in authorized denominations evidencing the same
aggregate Percentage Interest, as requested by the Holder surrendering the same.

          No service charge will be made for any such registration of transfer
or exchange of Certificates, but the Certificate Registrar may require payment
of a sum sufficient to cover any tax or other governmental charge that may be
imposed in connection with any transfer or exchange of Certificates.

          The Depositor, the Servicer, the Trustee and the Certificate Registrar
and any agent of the Depositor, the Servicer, the Trustee or the Certificate
Registrar may treat the Person in whose name this Certificate is registered as
the owner hereof for all purposes, and none of the Depositor, the Servicer, the
Trustee, the Certificate Registrar nor any such agent shall be affected by
notice to the contrary.

          The obligations created by the Agreement and the Trust Fund created
thereby shall terminate upon payment to the Certificateholders of all amounts
held by or on behalf of the Trustee and required to be paid to them pursuant to
the Agreement following the earlier of (i) the final payment or other
liquidation (or any advance with respect thereto) of the last Mortgage Loan
remaining in the Trust Fund, and (ii) the purchase by the party designated in
the Agreement at a price determined as provided in the Agreement from the Trust
Fund of all Mortgage Loans and all property acquired in respect of such Mortgage
Loans. The Agreement permits, but does not require, the party designated in the
Agreement to purchase from the Trust Fund all Mortgage Loans and all property
acquired in respect of any Mortgage Loan at a price determined as

                                      B-3-4
<PAGE>

provided in the Agreement. The exercise of such right will effect early
retirement of the Certificates; however, such right to purchase is subject to
the aggregate Pool Balance of the Mortgage Loans at the time of purchase being
10% or less of the Cut-off Date Aggregate Principal Balance.

          The recitals contained herein shall be taken as statements of the
Depositor and the Trustee assumes no responsibility for their correctness.

          Unless the certificate of authentication hereon has been executed by
the Certificate Registrar, by manual signature, this Certificate shall not be
entitled to any benefit under the Agreement or be valid for any purpose.

                                      B-3-5
<PAGE>

          IN WITNESS WHEREOF, the Trustee has caused this Certificate to be duly
executed.

Dated:


                                             JPMORGAN CHASE BANK, as Trustee


                                             By:
                                                --------------------------------
                                                Authorized Officer

                          CERTIFICATE OF AUTHENTICATION

          This is one of the Certificates referred to in the within-mentioned
Agreement.


                                             JPMORGAN CHASE BANK, as Certificate
                                               Registrar


                                             By:
                                                --------------------------------
                                                Authorized Signatory

Date of authentication:

                                      B-3-6
<PAGE>

                                  ABBREVIATIONS

          The following abbreviations, when used in the inscription on the face
of this instrument, shall be construed as though they were written out in full
according to applicable laws or regulations:

TEN COM - as tenants in common           UNIF GIFT MIN ACT - Custodian
                                                             ---------
                                                             (Cust) (Minor)
TEN ENT - as tenants by the entireties                       under Uniform Gifts
                                                             to Minors Act
JT TEN  - as joint tenants with right                        ___________________
          of survivorship and not as                               (State)
          tenants in common

          Additional abbreviations may also be used though not in the above
list.

                                   ASSIGNMENT

          FOR VALUE RECEIVED, the undersigned hereby sell(s), assign(s) and
transfer(s) unto _______________________________________________________________
________________________________________________________________________________
(Please print or typewrite name, address including postal zip code, and Taxpayer
Identification Number of assignee) a Percentage Interest equal to ____%
evidenced by the within asset-backed Certificate and hereby authorize(s) the
registration of transfer of such interest to assignee on the Certificate
Register of the Trust Fund.

          I (we) further direct the Certificate Registrar to issue a new
Certificate of a like Percentage Interest and Class to the above named assignee
and deliver such Certificate to the following address:
________________________________________________________________________________

Dated:


                                       -----------------------------------------
                                       Signature by or on behalf of assignor


                                       -----------------------------------------
                                       Signature Guaranteed

                                      B-3-7
<PAGE>

                            DISTRIBUTION INSTRUCTIONS

          The assignee should include the following for purposes of
distribution:

          Distributions shall be made, by wire transfer or otherwise, in
immediately available funds to _________________________________________________
________________________________________________________________________________
for the account of __________________________, account number _________________,
or, if mailed by check, to ____________________________________________________.
Applicable statements should be mailed to ______________________________________
This information is provided by _______________________________________________,
the assignee named above, or ________________________________________, as its
agent.

                                      B-3-8
<PAGE>

                                   EXHIBIT B-4

                         [FORM OF CLASS M-4 CERTIFICATE]

UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO THE TRUSTEE OR ITS
AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE
ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS
REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO
CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR
OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER
HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.

THIS CERTIFICATE IS SUBORDINATED IN RIGHT OF PAYMENT TO THE CLASS A, CLASS M-1,
CLASS M-2 AND CLASS M-3 CERTIFICATES AS DESCRIBED IN THE POOLING AND SERVICING
AGREEMENT REFERRED TO HEREIN.

FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE REPRESENTS BENEFICIAL
OWNERSHIP OF A "REGULAR INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT
CONDUIT," AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF
THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE "CODE") AND CERTAIN OTHER
PROPERTY.

THE CLASS M-4 CERTIFICATES ARE ONLY OFFERED FOR SALE, AND ARE ONLY TRANSFERABLE
TO PLAN INVESTORS IF AN EXEMPTION FROM THE PROHIBITED TRANSACTION RULES OF ERISA
AND THE CODE APPLIES.

                                      B-4-1
<PAGE>

                  FIRST FRANKLIN MORTGAGE LOAN TRUST 2004-FF10
                            ASSET-BACKED CERTIFICATES
                           SERIES 2004-FF10, CLASS M-4

evidencing a beneficial ownership interest in a Trust Fund consisting primarily
of a pool of conventional fixed-rate and adjustable-rate one- to four-family
first lien mortgage loans formed and sold by

                        ASSET BACKED FUNDING CORPORATION

Series 2004-FF10, Class M-4                   Original Class Certificate
                                              Principal Balance of the Class M-4
                                              Certificates as of the Closing
Certificate Interest Rate: Floating           Date: $6,974,000

Date of Pooling and Servicing Agreement and   Initial Certificate Principal
Cut-off Date: October 1, 2004                 Balance: $[__]

First Distribution Date: November 26, 2004    Servicer: Countrywide Home Loans
                                              Servicing LP

No.                                           Trustee: JPMorgan Chase Bank

CUSIP: 32027N MM 0                            Closing Date: October 21, 2004

ISIN: US32027NMM01

DISTRIBUTIONS IN REDUCTION OF THE CERTIFICATE PRINCIPAL BALANCE OF THIS
CERTIFICATE MAY BE MADE MONTHLY AS SET FORTH HEREIN. ACCORDINGLY, THE
OUTSTANDING CERTIFICATE PRINCIPAL BALANCE HEREOF AT ANY TIME MAY BE LESS THAN
THE AMOUNT SHOWN ABOVE.

THIS CERTIFICATE DOES NOT REPRESENT AN OBLIGATION OF OR INTEREST IN ASSET BACKED
FUNDING CORPORATION, THE SERVICER, THE TRUSTEE OR ANY OF THEIR AFFILIATES. THIS
CERTIFICATE IS NOT GUARANTEED BY ANY AGENCY OR INSTRUMENTALITY OF THE UNITED
STATES.

          This certifies that _________________ is the registered owner of a
Percentage Interest (obtained by dividing the Initial Certificate Principal
Balance of this Certificate by the Original Class Certificate Principal Balance
of the Class M-4 Certificates) in that certain beneficial ownership interest
evidenced by all the Class M-4 Certificates in the Trust Fund created pursuant
to a Pooling and Servicing Agreement, dated as specified above (the
"Agreement"), among Asset Backed Funding Corporation (hereinafter called the
"Depositor," which term includes any successor entity under the Agreement), the
Servicer and the Trustee, a summary of certain of the pertinent provisions of
which is set forth hereafter. To the extent not defined herein, the capitalized
terms used herein have the meanings assigned in the Agreement. This Certificate
is issued under and is subject to the terms, provisions and conditions of the
Agreement, to which Agreement the Holder of this Certificate by virtue of the
acceptance hereof assents and by which such Holder is bound.

                                      B-4-2
<PAGE>

          Pursuant to the terms of the Agreement, distributions will be made on
the 25th day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (a "Distribution Date"), commencing on the
first Distribution Date specified above, to the Person in whose name this
Certificate is registered on the Business Day immediately preceding such
Distribution Date (the "Record Date"), from funds in the Distribution Account in
an amount equal to the product of the Percentage Interest evidenced by this
Certificate and the amount required to be distributed to the Holders of Class
M-4 Certificates on such Distribution Date pursuant to the Agreement; provided,
however, that if any Class M-4 Certificate becomes a Definitive Certificate, the
Record Date for such Certificate will be the last Business Day of the month
immediately preceding the month in which the related Distribution Date occurs.

          All distributions to the Holder of this Certificate under the
Agreement will be made or caused to be made by or on behalf of the Trustee by
wire transfer in immediately available funds to the account of the Person
entitled thereto if such Person shall have so notified the Certificate Registrar
in writing at least five Business Days prior to the Record Date immediately
prior to such Distribution Date and is the registered owner of Class M-4
Certificates, or by check mailed by first class mail to the address of the
Person entitled thereto, as such name and address shall appear on the
Certificate Register, provided that the Certificate Registrar may deduct a
reasonable wire transfer fee from any payment made by wire transfer.
Notwithstanding the above, the final distribution on this Certificate will be
made after due notice by the Trustee of the pendency of such distribution and
only upon presentation and surrender of this Certificate at the office or agency
appointed by the Trustee for that purpose as provided in the Agreement.

          The Certificate Interest Rate for the Class M-4 Certificates for each
Distribution Date will be the least of (i) One-Month LIBOR as of the related
LIBOR Determination Date plus the Class M-4 Certificate Margin, (ii) the Maximum
Rate Cap and (iii) the Pool Cap. Interest will accrue on the Class M-4
Certificates during each Interest Accrual Period at the Certificate Interest
Rate.

          This Certificate is one of a duly authorized issue of Certificates
designated as First Franklin Mortgage Loan Trust 2004-FF10, Asset-Backed
Certificates, of the Series specified on the face hereof (herein called the
"Certificates") and representing a Percentage Interest in the Class M-4
Certificates.

          The Class M-4 Certificates are limited in right of payment to certain
collections and recoveries respecting the Mortgage Loans, all as more
specifically set forth herein and in the Agreement. As provided in the
Agreement, withdrawals from the Collection Accounts and the Distribution Account
may be made from time to time for purposes other than distributions to
Certificateholders, such purposes including reimbursement of advances made, or
certain expenses incurred, with respect to the Mortgage Loans.

          This certificate is subordinated in right of payment to the Class A
Certificates, Class M-1 Certificate, Class M-2 Certificates and Class M-3
Certificates as described in the Agreement referred to herein.

                                      B-4-3
<PAGE>

          The Agreement permits, with certain exceptions therein provided, the
amendment thereof and the modification of the rights and obligations of the
Depositor, the Servicer, the Trustee and the rights of the Certificateholders
under the Agreement at any time by the Depositor, the Servicer and the Trustee
with the consent of the Holders of Certificates entitled to the Voting Rights
identified in the Agreement. Any such consent by the Holder of this Certificate
shall be conclusive and binding on such Holder and upon all future Holders of
this Certificate and of any Certificate issued upon the transfer hereof or in
exchange herefor or in lieu hereof whether or not notation of such consent is
made upon this Certificate. The Agreement also permits the amendment thereof, in
certain limited circumstances, without the consent of the Holders of any of the
Certificates.

          As provided in the Agreement and subject to certain limitations
therein set forth, the transfer of this Certificate is registrable in the
Certificate Register upon surrender of this Certificate for registration of
transfer at the offices or agencies appointed by the Trustee as provided in the
Agreement, duly endorsed by, or accompanied by an assignment in the form below
or other written instrument of transfer in form satisfactory to the Trustee and
the Certificate Registrar duly executed by, the Holder hereof or such Holder's
attorney duly authorized in writing, and thereupon one or more new Certificates
of the same Class in authorized denominations evidencing the same aggregate
Percentage Interest will be issued to the designated transferee or transferees.

          The Certificates are issuable in fully registered form only without
coupons in Classes and denominations representing Percentage Interests specified
in the Agreement. As provided in the Agreement and subject to certain
limitations therein set forth, Certificates are exchangeable for new
Certificates of the same Class in authorized denominations evidencing the same
aggregate Percentage Interest, as requested by the Holder surrendering the same.

          No service charge will be made for any such registration of transfer
or exchange of Certificates, but the Certificate Registrar may require payment
of a sum sufficient to cover any tax or other governmental charge that may be
imposed in connection with any transfer or exchange of Certificates.

          The Depositor, the Servicer, the Trustee and the Certificate Registrar
and any agent of the Depositor, the Servicer, the Trustee or the Certificate
Registrar may treat the Person in whose name this Certificate is registered as
the owner hereof for all purposes, and none of the Depositor, the Servicer, the
Trustee, the Certificate Registrar nor any such agent shall be affected by
notice to the contrary.

          The obligations created by the Agreement and the Trust Fund created
thereby shall terminate upon payment to the Certificateholders of all amounts
held by or on behalf of the Trustee and required to be paid to them pursuant to
the Agreement following the earlier of (i) the final payment or other
liquidation (or any advance with respect thereto) of the last Mortgage Loan
remaining in the Trust Fund, and (ii) the purchase by the party designated in
the Agreement at a price determined as provided in the Agreement from the Trust
Fund of all Mortgage Loans and all property acquired in respect of such Mortgage
Loans. The Agreement permits, but does not require, the party designated in the
Agreement to purchase from the Trust Fund all Mortgage Loans and all property
acquired in respect of any Mortgage Loan at a price determined as

                                      B-4-4
<PAGE>

provided in the Agreement. The exercise of such right will effect early
retirement of the Certificates; however, such right to purchase is subject to
the aggregate Pool Balance of the Mortgage Loans at the time of purchase being
10% or less of the Cut-off Date Aggregate Principal Balance.

          The recitals contained herein shall be taken as statements of the
Depositor and the Trustee assumes no responsibility for their correctness.

          Unless the certificate of authentication hereon has been executed by
the Certificate Registrar, by manual signature, this Certificate shall not be
entitled to any benefit under the Agreement or be valid for any purpose.

                                      B-4-5
<PAGE>

          IN WITNESS WHEREOF, the Trustee has caused this Certificate to be duly
executed.

Dated:


                                             JPMORGAN CHASE BANK, as Trustee


                                             By:
                                                --------------------------------
                                                Authorized Officer

                          CERTIFICATE OF AUTHENTICATION

          This is one of the Certificates referred to in the within-mentioned
Agreement.


                                             JPMORGAN CHASE BANK, as Certificate
                                               Registrar


                                             By:
                                                --------------------------------
                                                Authorized Signatory

Date of authentication:

                                      B-4-6
<PAGE>

                                  ABBREVIATIONS

          The following abbreviations, when used in the inscription on the face
of this instrument, shall be construed as though they were written out in full
according to applicable laws or regulations:

TEN COM - as tenants in common           UNIF GIFT MIN ACT - Custodian
                                                             ---------
                                                             (Cust) (Minor)
TEN ENT - as tenants by the entireties                       under Uniform Gifts
                                                             to Minors Act
JT TEN  - as joint tenants with right                        ___________________
          of survivorship and not as                               (State)
          tenants in common

          Additional abbreviations may also be used though not in the above
list.

                                   ASSIGNMENT

          FOR VALUE RECEIVED, the undersigned hereby sell(s), assign(s) and
transfer(s) unto _______________________________________________________________
________________________________________________________________________________
(Please print or typewrite name, address including postal zip code, and Taxpayer
Identification Number of assignee) a Percentage Interest equal to ____%
evidenced by the within asset-backed Certificate and hereby authorize(s) the
registration of transfer of such interest to assignee on the Certificate
Register of the Trust Fund.

          I (we) further direct the Certificate Registrar to issue a new
Certificate of a like Percentage Interest and Class to the above named assignee
and deliver such Certificate to the following address:
________________________________________________________________________________

Dated:


                                       -----------------------------------------
                                       Signature by or on behalf of assignor


                                       -----------------------------------------
                                       Signature Guaranteed

                                      B-4-7
<PAGE>

                            DISTRIBUTION INSTRUCTIONS

          The assignee should include the following for purposes of
distribution:

          Distributions shall be made, by wire transfer or otherwise, in
immediately available funds to _________________________________________________
________________________________________________________________________________
for the account of __________________________, account number _________________,
or, if mailed by check, to ____________________________________________________.
Applicable statements should be mailed to ______________________________________
This information is provided by _______________________________________________,
the assignee named above, or ________________________________________, as its
agent.

                                      B-4-8
<PAGE>

                                   EXHIBIT B-5

                         [FORM OF CLASS M-5 CERTIFICATE]

UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO THE TRUSTEE OR ITS
AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE
ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS
REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO
CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR
OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER
HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.

THIS CERTIFICATE IS SUBORDINATED IN RIGHT OF PAYMENT TO THE CLASS A, CLASS M-1,
CLASS M-2, CLASS M-3 AND CLASS M-4 CERTIFICATES AS DESCRIBED IN THE POOLING AND
SERVICING AGREEMENT REFERRED TO HEREIN.

FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE REPRESENTS BENEFICIAL
OWNERSHIP OF A "REGULAR INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT
CONDUIT," AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF
THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE "CODE") AND CERTAIN OTHER
PROPERTY.

THE CLASS M-5 CERTIFICATES ARE ONLY OFFERED FOR SALE, AND ARE ONLY TRANSFERABLE
TO PLAN INVESTORS IF AN EXEMPTION FROM THE PROHIBITED TRANSACTION RULES OF ERISA
AND THE CODE APPLIES.

                                      B-5-1
<PAGE>

                  FIRST FRANKLIN MORTGAGE LOAN TRUST 2004-FF10
                            ASSET-BACKED CERTIFICATES
                           SERIES 2004-FF10, CLASS M-5

evidencing a beneficial ownership interest in a Trust Fund consisting primarily
of a pool of conventional fixed-rate and adjustable-rate one- to four-family
first lien mortgage loans formed and sold by

                        ASSET BACKED FUNDING CORPORATION

Series 2004-FF10, Class M-5                   Original Class Certificate
                                              Principal Balance of the Class M-5
                                              Certificates as of the Closing
Certificate Interest Rate: Floating           Date: $6,974,000

Date of Pooling and Servicing Agreement and   Initial Certificate Principal
Cut-off Date: October 1, 2004                 Balance: $[__]

First Distribution Date: November 26, 2004    Servicer: Countrywide Home Loans
                                              Servicing LP

No.                                           Trustee: JPMorgan Chase Bank

CUSIP: 32027N MN 8                            Closing Date: October 21, 2004

ISIN: US32027NMN83

DISTRIBUTIONS IN REDUCTION OF THE CERTIFICATE PRINCIPAL BALANCE OF THIS
CERTIFICATE MAY BE MADE MONTHLY AS SET FORTH HEREIN. ACCORDINGLY, THE
OUTSTANDING CERTIFICATE PRINCIPAL BALANCE HEREOF AT ANY TIME MAY BE LESS THAN
THE AMOUNT SHOWN ABOVE.

THIS CERTIFICATE DOES NOT REPRESENT AN OBLIGATION OF OR INTEREST IN ASSET BACKED
FUNDING CORPORATION, THE SERVICER, THE TRUSTEE OR ANY OF THEIR AFFILIATES. THIS
CERTIFICATE IS NOT GUARANTEED BY ANY AGENCY OR INSTRUMENTALITY OF THE UNITED
STATES.

          This certifies that _________________ is the registered owner of a
Percentage Interest (obtained by dividing the Initial Certificate Principal
Balance of this Certificate by the Original Class Certificate Principal Balance
of the Class M-5 Certificates) in that certain beneficial ownership interest
evidenced by all the Class M-5 Certificates in the Trust Fund created pursuant
to a Pooling and Servicing Agreement, dated as specified above (the
"Agreement"), among Asset Backed Funding Corporation (hereinafter called the
"Depositor," which term includes any successor entity under the Agreement), the
Servicer and the Trustee, a summary of certain of the pertinent provisions of
which is set forth hereafter. To the extent not defined herein, the capitalized
terms used herein have the meanings assigned in the Agreement. This Certificate
is issued under and is subject to the terms, provisions and conditions of the
Agreement, to which Agreement the Holder of this Certificate by virtue of the
acceptance hereof assents and by which such Holder is bound.

                                      B-5-2
<PAGE>

          Pursuant to the terms of the Agreement, distributions will be made on
the 25th day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (a "Distribution Date"), commencing on the
first Distribution Date specified above, to the Person in whose name this
Certificate is registered on the Business Day immediately preceding such
Distribution Date (the "Record Date"), from funds in the Distribution Account in
an amount equal to the product of the Percentage Interest evidenced by this
Certificate and the amount required to be distributed to the Holders of Class
M-5 Certificates on such Distribution Date pursuant to the Agreement; provided,
however, that if any Class M-5 Certificate becomes a Definitive Certificate, the
Record Date for such Certificate will be the last Business Day of the month
immediately preceding the month in which the related Distribution Date occurs.

          All distributions to the Holder of this Certificate under the
Agreement will be made or caused to be made by or on behalf of the Trustee by
wire transfer in immediately available funds to the account of the Person
entitled thereto if such Person shall have so notified the Certificate Registrar
in writing at least five Business Days prior to the Record Date immediately
prior to such Distribution Date and is the registered owner of Class M-5
Certificates, or by check mailed by first class mail to the address of the
Person entitled thereto, as such name and address shall appear on the
Certificate Register, provided that the Certificate Registrar may deduct a
reasonable wire transfer fee from any payment made by wire transfer.
Notwithstanding the above, the final distribution on this Certificate will be
made after due notice by the Trustee of the pendency of such distribution and
only upon presentation and surrender of this Certificate at the office or agency
appointed by the Trustee for that purpose as provided in the Agreement.

          The Certificate Interest Rate for the Class M-5 Certificates for each
Distribution Date will be the least of (i) One-Month LIBOR as of the related
LIBOR Determination Date plus the Class M-5 Certificate Margin, (ii) the Maximum
Rate Cap and (iii) the Pool Cap. Interest will accrue on the Class M-5
Certificates during each Interest Accrual Period at the Certificate Interest
Rate.

          This Certificate is one of a duly authorized issue of Certificates
designated as First Franklin Mortgage Loan Trust 2004-FF10, Asset-Backed
Certificates, of the Series specified on the face hereof (herein called the
"Certificates") and representing a Percentage Interest in the Class M-5
Certificates.

          The Class M-5 Certificates are limited in right of payment to certain
collections and recoveries respecting the Mortgage Loans, all as more
specifically set forth herein and in the Agreement. As provided in the
Agreement, withdrawals from the Collection Accounts and the Distribution Account
may be made from time to time for purposes other than distributions to
Certificateholders, such purposes including reimbursement of advances made, or
certain expenses incurred, with respect to the Mortgage Loans.

          This certificate is subordinated in right of payment to the Class A
Certificates, Class M-1 Certificate, Class M-2 Certificates, Class M-3
Certificates and Class M-4 Certificates as described in the Agreement referred
to herein.

                                      B-5-3
<PAGE>

          The Agreement permits, with certain exceptions therein provided, the
amendment thereof and the modification of the rights and obligations of the
Depositor, the Servicer, the Trustee and the rights of the Certificateholders
under the Agreement at any time by the Depositor, the Servicer and the Trustee
with the consent of the Holders of Certificates entitled to the Voting Rights
identified in the Agreement. Any such consent by the Holder of this Certificate
shall be conclusive and binding on such Holder and upon all future Holders of
this Certificate and of any Certificate issued upon the transfer hereof or in
exchange herefor or in lieu hereof whether or not notation of such consent is
made upon this Certificate. The Agreement also permits the amendment thereof, in
certain limited circumstances, without the consent of the Holders of any of the
Certificates.

          As provided in the Agreement and subject to certain limitations
therein set forth, the transfer of this Certificate is registrable in the
Certificate Register upon surrender of this Certificate for registration of
transfer at the offices or agencies appointed by the Trustee as provided in the
Agreement, duly endorsed by, or accompanied by an assignment in the form below
or other written instrument of transfer in form satisfactory to the Trustee and
the Certificate Registrar duly executed by, the Holder hereof or such Holder's
attorney duly authorized in writing, and thereupon one or more new Certificates
of the same Class in authorized denominations evidencing the same aggregate
Percentage Interest will be issued to the designated transferee or transferees.

          The Certificates are issuable in fully registered form only without
coupons in Classes and denominations representing Percentage Interests specified
in the Agreement. As provided in the Agreement and subject to certain
limitations therein set forth, Certificates are exchangeable for new
Certificates of the same Class in authorized denominations evidencing the same
aggregate Percentage Interest, as requested by the Holder surrendering the same.

          No service charge will be made for any such registration of transfer
or exchange of Certificates, but the Certificate Registrar may require payment
of a sum sufficient to cover any tax or other governmental charge that may be
imposed in connection with any transfer or exchange of Certificates.

          The Depositor, the Servicer, the Trustee and the Certificate Registrar
and any agent of the Depositor, the Servicer, the Trustee or the Certificate
Registrar may treat the Person in whose name this Certificate is registered as
the owner hereof for all purposes, and none of the Depositor, the Servicer, the
Trustee, the Certificate Registrar nor any such agent shall be affected by
notice to the contrary.

          The obligations created by the Agreement and the Trust Fund created
thereby shall terminate upon payment to the Certificateholders of all amounts
held by or on behalf of the Trustee and required to be paid to them pursuant to
the Agreement following the earlier of (i) the final payment or other
liquidation (or any advance with respect thereto) of the last Mortgage Loan
remaining in the Trust Fund, and (ii) the purchase by the party designated in
the Agreement at a price determined as provided in the Agreement from the Trust
Fund of all Mortgage Loans and all property acquired in respect of such Mortgage
Loans. The Agreement permits, but does not require, the party designated in the
Agreement to purchase from the Trust Fund all Mortgage Loans and all property
acquired in respect of any Mortgage Loan at a price determined as

                                      B-5-4
<PAGE>

provided in the Agreement. The exercise of such right will effect early
retirement of the Certificates; however, such right to purchase is subject to
the aggregate Pool Balance of the Mortgage Loans at the time of purchase being
10% or less of the Cut-off Date Aggregate Principal Balance.

          The recitals contained herein shall be taken as statements of the
Depositor and the Trustee assumes no responsibility for their correctness.

          Unless the certificate of authentication hereon has been executed by
the Certificate Registrar, by manual signature, this Certificate shall not be
entitled to any benefit under the Agreement or be valid for any purpose.

                                      B-5-5
<PAGE>

          IN WITNESS WHEREOF, the Trustee has caused this Certificate to be duly
executed.

Dated:


                                             JPMORGAN CHASE BANK, as Trustee


                                             By:
                                                --------------------------------
                                                Authorized Officer

                          CERTIFICATE OF AUTHENTICATION

          This is one of the Certificates referred to in the within-mentioned
Agreement.


                                             JPMORGAN CHASE BANK, as Certificate
                                               Registrar


                                             By:
                                                --------------------------------
                                                Authorized Signatory

Date of authentication:

                                      B-5-6
<PAGE>

                                  ABBREVIATIONS

          The following abbreviations, when used in the inscription on the face
of this instrument, shall be construed as though they were written out in full
according to applicable laws or regulations:

TEN COM - as tenants in common           UNIF GIFT MIN ACT - Custodian
                                                             ---------
                                                             (Cust) (Minor)
TEN ENT - as tenants by the entireties                       under Uniform Gifts
                                                             to Minors Act
JT TEN  - as joint tenants with right                        ___________________
          of survivorship and not as                               (State)
          tenants in common

          Additional abbreviations may also be used though not in the above
list.

                                   ASSIGNMENT

          FOR VALUE RECEIVED, the undersigned hereby sell(s), assign(s) and
transfer(s) unto _______________________________________________________________
________________________________________________________________________________
(Please print or typewrite name, address including postal zip code, and Taxpayer
Identification Number of assignee) a Percentage Interest equal to ____%
evidenced by the within asset-backed Certificate and hereby authorize(s) the
registration of transfer of such interest to assignee on the Certificate
Register of the Trust Fund.

          I (we) further direct the Certificate Registrar to issue a new
Certificate of a like Percentage Interest and Class to the above named assignee
and deliver such Certificate to the following address:
________________________________________________________________________________

Dated:


                                       -----------------------------------------
                                       Signature by or on behalf of assignor


                                       -----------------------------------------
                                       Signature Guaranteed

                                      B-5-7
<PAGE>

                            DISTRIBUTION INSTRUCTIONS

          The assignee should include the following for purposes of
distribution:

          Distributions shall be made, by wire transfer or otherwise, in
immediately available funds to _________________________________________________
________________________________________________________________________________
for the account of __________________________, account number _________________,
or, if mailed by check, to ____________________________________________________.
Applicable statements should be mailed to ______________________________________
This information is provided by _______________________________________________,
the assignee named above, or ________________________________________, as its
agent.

                                      B-5-8
<PAGE>

                                   EXHIBIT B-6

                         [FORM OF CLASS M-6 CERTIFICATE]

UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO THE TRUSTEE OR ITS
AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE
ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS
REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO
CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR
OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER
HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.

THIS CERTIFICATE IS SUBORDINATED IN RIGHT OF PAYMENT TO THE CLASS A, CLASS M-1,
CLASS M-2, CLASS M-3, CLASS M-4 AND CLASS M-5 CERTIFICATES AS DESCRIBED IN THE
POOLING AND SERVICING AGREEMENT REFERRED TO HEREIN.

FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE REPRESENTS BENEFICIAL
OWNERSHIP OF A "REGULAR INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT
CONDUIT," AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF
THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE "CODE") AND CERTAIN OTHER
PROPERTY.

THIS CLASS M-6 CERTIFICATE HAS NOT BEEN REGISTERED OR QUALIFIED UNDER THE
SECURITIES ACT OF 1933, AS AMENDED (THE "1933 ACT"), OR THE SECURITIES LAWS OF
ANY STATE. ANY RESALE, TRANSFER OR OTHER DISPOSITION OF THIS CERTIFICATE WITHOUT
SUCH REGISTRATION OR QUALIFICATION MAY BE MADE ONLY IN A TRANSACTION THAT DOES
NOT REQUIRE SUCH REGISTRATION OR QUALIFICATION AND IN ACCORDANCE WITH THE
PROVISIONS OF SECTION 5.02 OF THE POOLING AND SERVICING AGREEMENT REFERRED TO
HEREIN.

THE CLASS M-6 CERTIFICATES ARE ONLY OFFERED FOR SALE, AND ARE ONLY TRANSFERABLE
TO PLAN INVESTORS IF AN EXEMPTION FROM THE PROHIBITED TRANSACTION RULES OF ERISA
AND THE CODE APPLIES. EACH PURCHASER OF A CLASS M-6 CERTIFICATE, OTHER THAN THE
INITIAL PURCHASER OF THE CLASS M-6 CERTIFICATE, BY VIRTUE OF ITS PURCHASE OF
SUCH CERTIFICATE, WILL BE DEEMED TO HAVE REPRESENTED EITHER THAT (A) IT IS NOT,
AND IS NOT ACTING ON BEHALF OF, ANY PLAN OR USING THE ASSETS OF ANY PLAN TO
EFFECT SUCH PURCHASE OR (B) IF IT IS AN INSURANCE COMPANY, THAT THE SOURCE OF
FUNDS USED TO PURCHASE SUCH CERTIFICATE IS AN "INSURANCE COMPANY GENERAL
ACCOUNT" (AS SUCH TERM IS DEFINED IN SECTION V(E) OF PROHIBITED TRANSACTION
CLASS EXEMPTION 95-60 ("PTCE 95-60"), 60 FED. REG. 35925 (JULY 12, 1995)), THERE
IS NO PLAN WITH RESPECT TO WHICH

                                      B-6-1
<PAGE>

THE AMOUNT OF SUCH GENERAL ACCOUNT'S RESERVES AND LIABILITIES FOR THE
CONTRACT(S) HELD BY OR ON BEHALF OF SUCH PLAN AND ALL OTHER PLANS MAINTAINED BY
THE SAME EMPLOYER (OR AFFILIATE THEREOF AS DEFINED IN SECTION V(A)(1) OF PTCE
95-60) OR BY THE SAME EMPLOYEE ORGANIZATION EXCEEDS 10% OF THE TOTAL OF ALL
RESERVES AND LIABILITIES OF SUCH GENERAL ACCOUNT (AS SUCH AMOUNTS ARE DETERMINED
UNDER SECTION I(A) OF PTCE 95-60) AT THE DATE OF ACQUISITION AND ALL PLANS THAT
HAVE AN INTEREST IN SUCH GENERAL ACCOUNT ARE PLANS TO WHICH PTCE 95-60 APPLIES.

                                      B-6-2
<PAGE>

                  FIRST FRANKLIN MORTGAGE LOAN TRUST 2004-FF10
                            ASSET-BACKED CERTIFICATES
                           SERIES 2004-FF10, CLASS M-6

evidencing a beneficial ownership interest in a Trust Fund consisting primarily
of a pool of conventional fixed-rate and adjustable-rate one- to four-family
first lien mortgage loans formed and sold by

                        ASSET BACKED FUNDING CORPORATION

Series 2004-FF10, Class M-6                   Original Class Certificate
                                              Principal Balance of the Class M-6
                                              Certificates as of the Closing
Certificate Interest Rate: Floating           Date: $6,974,000

Date of Pooling and Servicing Agreement and   Initial Certificate Principal
Cut-off Date: October 1, 2004                 Balance: $[__]

First Distribution Date: November 26, 2004    Servicer: Countrywide Home Loans
                                              Servicing LP

No.                                           Trustee: JPMorgan Chase Bank

CUSIP: 32027N MP 3                            Closing Date: October 21, 2004

ISIN: US32027NMP32

DISTRIBUTIONS IN REDUCTION OF THE CERTIFICATE PRINCIPAL BALANCE OF THIS
CERTIFICATE MAY BE MADE MONTHLY AS SET FORTH HEREIN. ACCORDINGLY, THE
OUTSTANDING CERTIFICATE PRINCIPAL BALANCE HEREOF AT ANY TIME MAY BE LESS THAN
THE AMOUNT SHOWN ABOVE.

THIS CERTIFICATE DOES NOT REPRESENT AN OBLIGATION OF OR INTEREST IN ASSET BACKED
FUNDING CORPORATION, THE SERVICER, THE TRUSTEE OR ANY OF THEIR AFFILIATES. THIS
CERTIFICATE IS NOT GUARANTEED BY ANY AGENCY OR INSTRUMENTALITY OF THE UNITED
STATES.

          This certifies that _________________ is the registered owner of a
Percentage Interest (obtained by dividing the Initial Certificate Principal
Balance of this Certificate by the Original Class Certificate Principal Balance
of the Class M-6 Certificates) in that certain beneficial ownership interest
evidenced by all the Class M-6 Certificates in the Trust Fund created pursuant
to a Pooling and Servicing Agreement, dated as specified above (the
"Agreement"), among Asset Backed Funding Corporation (hereinafter called the
"Depositor," which term includes any successor entity under the Agreement), the
Servicer and the Trustee, a summary of certain of the pertinent provisions of
which is set forth hereafter. To the extent not defined herein, the capitalized
terms used herein have the meanings assigned in the Agreement. This Certificate
is issued under and is subject to the terms, provisions and conditions of the
Agreement, to which Agreement the Holder of this Certificate by virtue of the
acceptance hereof assents and by which such Holder is bound.

                                      B-6-3
<PAGE>

          Pursuant to the terms of the Agreement, distributions will be made on
the 25th day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (a "Distribution Date"), commencing on the
first Distribution Date specified above, to the Person in whose name this
Certificate is registered on the Business Day immediately preceding such
Distribution Date (the "Record Date"), from funds in the Distribution Account in
an amount equal to the product of the Percentage Interest evidenced by this
Certificate and the amount required to be distributed to the Holders of Class
M-6 Certificates on such Distribution Date pursuant to the Agreement; provided,
however, that if any Class M-6 Certificate becomes a Definitive Certificate, the
Record Date for such Certificate will be the last Business Day of the month
immediately preceding the month in which the related Distribution Date occurs.

          All distributions to the Holder of this Certificate under the
Agreement will be made or caused to be made by or on behalf of the Trustee by
wire transfer in immediately available funds to the account of the Person
entitled thereto if such Person shall have so notified the Certificate Registrar
in writing at least five Business Days prior to the Record Date immediately
prior to such Distribution Date and is the registered owner of Class M-6
Certificates, or by check mailed by first class mail to the address of the
Person entitled thereto, as such name and address shall appear on the
Certificate Register, provided that the Certificate Registrar may deduct a
reasonable wire transfer fee from any payment made by wire transfer.
Notwithstanding the above, the final distribution on this Certificate will be
made after due notice by the Trustee of the pendency of such distribution and
only upon presentation and surrender of this Certificate at the office or agency
appointed by the Trustee for that purpose as provided in the Agreement.

          The Certificate Interest Rate for the Class M-6 Certificates for each
Distribution Date will be the least of (i) One-Month LIBOR as of the related
LIBOR Determination Date plus the Class M-6 Certificate Margin, (ii) the Maximum
Rate Cap and (iii) the Pool Cap. Interest will accrue on the Class M-6
Certificates during each Interest Accrual Period at the Certificate Interest
Rate.

          This Certificate is one of a duly authorized issue of Certificates
designated as First Franklin Mortgage Loan Trust 2004-FF10, Asset-Backed
Certificates, of the Series specified on the face hereof (herein called the
"Certificates") and representing a Percentage Interest in the Class M-6
Certificates.

          The Class M-6 Certificates are limited in right of payment to certain
collections and recoveries respecting the Mortgage Loans, all as more
specifically set forth herein and in the Agreement. As provided in the
Agreement, withdrawals from the Collection Accounts and the Distribution Account
may be made from time to time for purposes other than distributions to
Certificateholders, such purposes including reimbursement of advances made, or
certain expenses incurred, with respect to the Mortgage Loans.

          This certificate is subordinated in right of payment to the Class A
Certificates, Class M-1 Certificate, Class M-2 Certificates, Class M-3
Certificates, Class M-4 Certificates and Class M-5 Certificates as described in
the Agreement referred to herein.

                                      B-6-4
<PAGE>

          The Agreement permits, with certain exceptions therein provided, the
amendment thereof and the modification of the rights and obligations of the
Depositor, the Servicer, the Trustee and the rights of the Certificateholders
under the Agreement at any time by the Depositor, the Servicer and the Trustee
with the consent of the Holders of Certificates entitled to the Voting Rights
identified in the Agreement. Any such consent by the Holder of this Certificate
shall be conclusive and binding on such Holder and upon all future Holders of
this Certificate and of any Certificate issued upon the transfer hereof or in
exchange herefor or in lieu hereof whether or not notation of such consent is
made upon this Certificate. The Agreement also permits the amendment thereof, in
certain limited circumstances, without the consent of the Holders of any of the
Certificates.

          As provided in the Agreement and subject to certain limitations
therein set forth, the transfer of this Certificate is registrable in the
Certificate Register upon surrender of this Certificate for registration of
transfer at the offices or agencies appointed by the Trustee as provided in the
Agreement, duly endorsed by, or accompanied by an assignment in the form below
or other written instrument of transfer in form satisfactory to the Trustee and
the Certificate Registrar duly executed by, the Holder hereof or such Holder's
attorney duly authorized in writing, and thereupon one or more new Certificates
of the same Class in authorized denominations evidencing the same aggregate
Percentage Interest will be issued to the designated transferee or transferees.

          The Certificates are issuable in fully registered form only without
coupons in Classes and denominations representing Percentage Interests specified
in the Agreement. As provided in the Agreement and subject to certain
limitations therein set forth, Certificates are exchangeable for new
Certificates of the same Class in authorized denominations evidencing the same
aggregate Percentage Interest, as requested by the Holder surrendering the same.

          No service charge will be made for any such registration of transfer
or exchange of Certificates, but the Certificate Registrar may require payment
of a sum sufficient to cover any tax or other governmental charge that may be
imposed in connection with any transfer or exchange of Certificates.

          No transfer of this Certificate shall be made unless that transfer is
made pursuant to an effective registration statement under the 1933 Act and
effective registration or qualification under applicable state securities laws,
or is made in a transaction that does not require such registration or
qualification. In the event that a transfer is to be made without registration
or qualification, the Trustee shall require, in order to assure compliance with
such laws, either (i) in the case of a transfer made in reliance on Rule 144A
under the 1933 Act, that the proposed transferee delivers to the Trustee a
completed investment letter in substantially the form attached to the Agreement
as Exhibit J, or (ii) in the case of any other transfer, that the
Certificateholder desiring to effect the transfer and such Certificateholder's
prospective transferee each execute a representation letter in substantially the
forms of Exhibit L and Exhibit J attached to the Agreement, respectively,
certifying to the Depositor and the Trustee the facts surrounding the transfer
as described in Section 5.02 of the Agreement, or as provided in the Agreement
the Depositor and the Trustee shall require an Opinion of Counsel satisfactory
to them that such transfer may be made without such registration or
qualification, which Opinion of Counsel shall not be an expense of the
Depositor, the Trustee or the Certificate Registrar, in their

                                      B-6-5
<PAGE>

respective capacities as such. None of the Depositor, the Certificate Registrar
nor the Trustee is obligated to register or qualify the Class of Certificates
specified on the face hereof under the 1933 Act or any other securities law or
to take any action not otherwise required under the Agreement to permit the
transfer of such Certificates without registration or qualification. Any such
Certificateholder desiring to effect such transfer shall, and does hereby agree
to, indemnify the Trustee, the Depositor, the Certificate Registrar and the
Servicer against any liability that may result if the transfer is not so exempt
or is not made in accordance with such federal and state laws.

          The Depositor, the Servicer, the Trustee and the Certificate Registrar
and any agent of the Depositor, the Servicer, the Trustee or the Certificate
Registrar may treat the Person in whose name this Certificate is registered as
the owner hereof for all purposes, and none of the Depositor, the Servicer, the
Trustee, the Certificate Registrar nor any such agent shall be affected by
notice to the contrary.

          The obligations created by the Agreement and the Trust Fund created
thereby shall terminate upon payment to the Certificateholders of all amounts
held by or on behalf of the Trustee and required to be paid to them pursuant to
the Agreement following the earlier of (i) the final payment or other
liquidation (or any advance with respect thereto) of the last Mortgage Loan
remaining in the Trust Fund, and (ii) the purchase by the party designated in
the Agreement at a price determined as provided in the Agreement from the Trust
Fund of all Mortgage Loans and all property acquired in respect of such Mortgage
Loans. The Agreement permits, but does not require, the party designated in the
Agreement to purchase from the Trust Fund all Mortgage Loans and all property
acquired in respect of any Mortgage Loan at a price determined as provided in
the Agreement. The exercise of such right will effect early retirement of the
Certificates; however, such right to purchase is subject to the aggregate Pool
Balance of the Mortgage Loans at the time of purchase being 10% or less of the
Cut-off Date Aggregate Principal Balance.

          The recitals contained herein shall be taken as statements of the
Depositor and the Trustee assumes no responsibility for their correctness.

          Unless the certificate of authentication hereon has been executed by
the Certificate Registrar, by manual signature, this Certificate shall not be
entitled to any benefit under the Agreement or be valid for any purpose.

                                      B-6-6
<PAGE>

          IN WITNESS WHEREOF, the Trustee has caused this Certificate to be duly
executed.

Dated:


                                             JPMORGAN CHASE BANK, as Trustee


                                             By:
                                                --------------------------------
                                                Authorized Officer

                          CERTIFICATE OF AUTHENTICATION

          This is one of the Certificates referred to in the within-mentioned
Agreement.


                                             JPMORGAN CHASE BANK, as Certificate
                                               Registrar


                                             By:
                                                --------------------------------
                                                Authorized Signatory

Date of authentication:

                                      B-6-7
<PAGE>

                                  ABBREVIATIONS

          The following abbreviations, when used in the inscription on the face
of this instrument, shall be construed as though they were written out in full
according to applicable laws or regulations:

TEN COM - as tenants in common           UNIF GIFT MIN ACT - Custodian
                                                             ---------
                                                             (Cust) (Minor)
TEN ENT - as tenants by the entireties                       under Uniform Gifts
                                                             to Minors Act
JT TEN  - as joint tenants with right                        ___________________
          of survivorship and not as                               (State)
          tenants in common

          Additional abbreviations may also be used though not in the above
list.

                                   ASSIGNMENT

          FOR VALUE RECEIVED, the undersigned hereby sell(s), assign(s) and
transfer(s) unto _______________________________________________________________
________________________________________________________________________________
(Please print or typewrite name, address including postal zip code, and Taxpayer
Identification Number of assignee)______________________________________________
a Percentage Interest equal to ____% evidenced by the within asset-backed
Certificate and hereby authorize(s) the registration of transfer of such
interest to assignee on the Certificate Register of the Trust Fund.

          I (we) further direct the Certificate Registrar to issue a new
Certificate of a like Percentage Interest and Class to the above named assignee
and deliver such Certificate to the following address:
________________________________________________________________________________

Dated:


                                       -----------------------------------------
                                       Signature by or on behalf of assignor


                                       -----------------------------------------
                                       Signature Guaranteed

                                      B-6-8
<PAGE>

                            DISTRIBUTION INSTRUCTIONS

          The assignee should include the following for purposes of
distribution:

          Distributions shall be made, by wire transfer or otherwise, in
immediately available funds to _________________________________________________
________________________________________________________________________________
for the account of _______________________________, account number_____________,
or, if mailed by check, to______________________________________________________
Applicable statements should be mailed to_______________________________________
This information is provided by________________________________________________,
the assignee named above, or __________________________________, as its agent.

                                      B-6-9
<PAGE>

                                  EXHIBIT B-7A

                        [FORM OF CLASS M-7A CERTIFICATE]

UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO THE TRUSTEE OR ITS
AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE
ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS
REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO
CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR
OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER
HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.

THIS CERTIFICATE IS SUBORDINATED IN RIGHT OF PAYMENT TO THE CLASS A, CLASS M-1,
CLASS M-2, CLASS M-3, CLASS M-4, CLASS M-5 AND CLASS M-6 CERTIFICATES AS
DESCRIBED IN THE POOLING AND SERVICING AGREEMENT REFERRED TO HEREIN.

FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE REPRESENTS BENEFICIAL
OWNERSHIP OF A "REGULAR INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT
CONDUIT," AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF
THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE "CODE") AND CERTAIN OTHER
PROPERTY.

THIS CLASS M-7A CERTIFICATE HAS NOT BEEN REGISTERED OR QUALIFIED UNDER THE
SECURITIES ACT OF 1933, AS AMENDED (THE "1933 ACT"), OR THE SECURITIES LAWS OF
ANY STATE. ANY RESALE, TRANSFER OR OTHER DISPOSITION OF THIS CERTIFICATE WITHOUT
SUCH REGISTRATION OR QUALIFICATION MAY BE MADE ONLY IN A TRANSACTION THAT DOES
NOT REQUIRE SUCH REGISTRATION OR QUALIFICATION AND IN ACCORDANCE WITH THE
PROVISIONS OF SECTION 5.02 OF THE POOLING AND SERVICING AGREEMENT REFERRED TO
HEREIN.

THE CLASS M-7A CERTIFICATES ARE ONLY OFFERED FOR SALE, AND ARE ONLY TRANSFERABLE
TO PLAN INVESTORS IF AN EXEMPTION FROM THE PROHIBITED TRANSACTION RULES OF ERISA
AND THE CODE APPLIES. EACH PURCHASER OF A CLASS M-7A CERTIFICATE, OTHER THAN THE
INITIAL PURCHASER OF THE CLASS M-7A CERTIFICATE, BY VIRTUE OF ITS PURCHASE OF
SUCH CERTIFICATE, WILL BE DEEMED TO HAVE REPRESENTED EITHER THAT (A) IT IS NOT,
AND IS NOT ACTING ON BEHALF OF, ANY PLAN OR USING THE ASSETS OF ANY PLAN TO
EFFECT SUCH PURCHASE OR (B) IF IT IS AN INSURANCE COMPANY, THAT THE SOURCE OF
FUNDS USED TO PURCHASE SUCH CERTIFICATE IS AN "INSURANCE COMPANY GENERAL
ACCOUNT" (AS SUCH TERM IS DEFINED IN SECTION V(E) OF PROHIBITED TRANSACTION
CLASS EXEMPTION 95-60 ("PTCE 95-60"), 60 FED. REG. 35925 (JULY 12, 1995)), THERE
IS NO PLAN WITH RESPECT TO WHICH

                                     B-7A-1
<PAGE>

THE AMOUNT OF SUCH GENERAL ACCOUNT'S RESERVES AND LIABILITIES FOR THE
CONTRACT(S) HELD BY OR ON BEHALF OF SUCH PLAN AND ALL OTHER PLANS MAINTAINED BY
THE SAME EMPLOYER (OR AFFILIATE THEREOF AS DEFINED IN SECTION V(A)(1) OF PTCE
95-60) OR BY THE SAME EMPLOYEE ORGANIZATION EXCEEDS 10% OF THE TOTAL OF ALL
RESERVES AND LIABILITIES OF SUCH GENERAL ACCOUNT (AS SUCH AMOUNTS ARE DETERMINED
UNDER SECTION I(A) OF PTCE 95-60) AT THE DATE OF ACQUISITION AND ALL PLANS THAT
HAVE AN INTEREST IN SUCH GENERAL ACCOUNT ARE PLANS TO WHICH PTCE 95-60 APPLIES.

                                     B-7A-2
<PAGE>

                  FIRST FRANKLIN MORTGAGE LOAN TRUST 2004-FF10
                            ASSET-BACKED CERTIFICATES
                          SERIES 2004-FF10, CLASS M-7A

evidencing a beneficial ownership interest in a Trust Fund consisting primarily
of a pool of conventional fixed-rate and adjustable-rate one- to four-family
first lien mortgage loans formed and sold by

                        ASSET BACKED FUNDING CORPORATION

Series 2004-FF10, Class M-7A                 Original Class Certificate
                                             Principal Balance of the Class M-7A
                                             Certificates as of the Closing
Certificate Interest Rate: Floating          Date: $2,883,000

Date of Pooling and Servicing Agreement      Initial Certificate Principal
and Cut-off Date: October 1, 2004            Balance: $[___]

First Distribution Date: November 26, 2004   Servicer: Countrywide Home Loans
                                             Servicing LP

No.                                          Trustee: JPMorgan Chase Bank

CUSIP: 32027N MQ 1                           Closing Date: October 21, 2004

ISIN: US32027NMQ15

DISTRIBUTIONS IN REDUCTION OF THE CERTIFICATE PRINCIPAL BALANCE OF THIS
CERTIFICATE MAY BE MADE MONTHLY AS SET FORTH HEREIN. ACCORDINGLY, THE
OUTSTANDING CERTIFICATE PRINCIPAL BALANCE HEREOF AT ANY TIME MAY BE LESS THAN
THE AMOUNT SHOWN ABOVE.

THIS CERTIFICATE DOES NOT REPRESENT AN OBLIGATION OF OR INTEREST IN ASSET BACKED
FUNDING CORPORATION, THE SERVICER, THE TRUSTEE OR ANY OF THEIR AFFILIATES. THIS
CERTIFICATE IS NOT GUARANTEED BY ANY AGENCY OR INSTRUMENTALITY OF THE UNITED
STATES.

          This certifies that _________________ is the registered owner of a
Percentage Interest (obtained by dividing the Initial Certificate Principal
Balance of this Certificate by the Original Class Certificate Principal Balance
of the Class M-7A Certificates) in that certain beneficial ownership interest
evidenced by all the Class M-7A Certificates in the Trust Fund created pursuant
to a Pooling and Servicing Agreement, dated as specified above (the
"Agreement"), among Asset Backed Funding Corporation (hereinafter called the
"Depositor," which term includes any successor entity under the Agreement), the
Servicer and the Trustee, a summary of certain of the pertinent provisions of
which is set forth hereafter. To the extent not defined herein, the capitalized
terms used herein have the meanings assigned in the Agreement. This Certificate
is issued under and is subject to the terms, provisions and conditions of the
Agreement, to which Agreement the Holder of this Certificate by virtue of the
acceptance hereof assents and by which such Holder is bound.

                                     B-7A-3
<PAGE>

          Pursuant to the terms of the Agreement, distributions will be made on
the 25th day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (a "Distribution Date"), commencing on the
first Distribution Date specified above, to the Person in whose name this
Certificate is registered on the Business Day immediately preceding such
Distribution Date (the "Record Date"), from funds in the Distribution Account in
an amount equal to the product of the Percentage Interest evidenced by this
Certificate and the amount required to be distributed to the Holders of Class
M-7A Certificates on such Distribution Date pursuant to the Agreement; provided,
however, that if any Class M-7A Certificate becomes a Definitive Certificate,
the Record Date for such Certificate will be the last Business Day of the month
immediately preceding the month in which the related Distribution Date occurs.

          All distributions to the Holder of this Certificate under the
Agreement will be made or caused to be made by or on behalf of the Trustee by
wire transfer in immediately available funds to the account of the Person
entitled thereto if such Person shall have so notified the Certificate Registrar
in writing at least five Business Days prior to the Record Date immediately
prior to such Distribution Date and is the registered owner of Class M-7A
Certificates, or by check mailed by first class mail to the address of the
Person entitled thereto, as such name and address shall appear on the
Certificate Register, provided that the Certificate Registrar may deduct a
reasonable wire transfer fee from any payment made by wire transfer.
Notwithstanding the above, the final distribution on this Certificate will be
made after due notice by the Trustee of the pendency of such distribution and
only upon presentation and surrender of this Certificate at the office or agency
appointed by the Trustee for that purpose as provided in the Agreement.

          The Certificate Interest Rate for the Class M-7A Certificates for each
Distribution Date will be the least of (i) One-Month LIBOR as of the related
LIBOR Determination Date plus the Class M-7A Certificate Margin, (ii) the
Maximum Rate Cap and (iii) the Pool Cap. Interest will accrue on the Class M-7A
Certificates during each Interest Accrual Period at the Certificate Interest
Rate.

          This Certificate is one of a duly authorized issue of Certificates
designated as First Franklin Mortgage Loan Trust 2004-FF10, Asset-Backed
Certificates, of the Series specified on the face hereof (herein called the
"Certificates") and representing a Percentage Interest in the Class M-7A
Certificates.

          The Class M-7A Certificates are limited in right of payment to certain
collections and recoveries respecting the Mortgage Loans, all as more
specifically set forth herein and in the Agreement. As provided in the
Agreement, withdrawals from the Collection Accounts and the Distribution Account
may be made from time to time for purposes other than distributions to
Certificateholders, such purposes including reimbursement of advances made, or
certain expenses incurred, with respect to the Mortgage Loans.

          This certificate is subordinated in right of payment to the Class A
Certificates, Class M-1 Certificate, Class M-2 Certificates, Class M-3
Certificates, Class M-4 Certificates, Class M-5 Certificates and Class M-6
Certificates as described in the Agreement referred to herein.

                                     B-7A-4
<PAGE>

          The Agreement permits, with certain exceptions therein provided, the
amendment thereof and the modification of the rights and obligations of the
Depositor, the Servicer, the Trustee and the rights of the Certificateholders
under the Agreement at any time by the Depositor, the Servicer and the Trustee
with the consent of the Holders of Certificates entitled to the Voting Rights
identified in the Agreement. Any such consent by the Holder of this Certificate
shall be conclusive and binding on such Holder and upon all future Holders of
this Certificate and of any Certificate issued upon the transfer hereof or in
exchange herefor or in lieu hereof whether or not notation of such consent is
made upon this Certificate. The Agreement also permits the amendment thereof, in
certain limited circumstances, without the consent of the Holders of any of the
Certificates.

          As provided in the Agreement and subject to certain limitations
therein set forth, the transfer of this Certificate is registrable in the
Certificate Register upon surrender of this Certificate for registration of
transfer at the offices or agencies appointed by the Trustee as provided in the
Agreement, duly endorsed by, or accompanied by an assignment in the form below
or other written instrument of transfer in form satisfactory to the Trustee and
the Certificate Registrar duly executed by, the Holder hereof or such Holder's
attorney duly authorized in writing, and thereupon one or more new Certificates
of the same Class in authorized denominations evidencing the same aggregate
Percentage Interest will be issued to the designated transferee or transferees.

          The Certificates are issuable in fully registered form only without
coupons in Classes and denominations representing Percentage Interests specified
in the Agreement. As provided in the Agreement and subject to certain
limitations therein set forth, Certificates are exchangeable for new
Certificates of the same Class in authorized denominations evidencing the same
aggregate Percentage Interest, as requested by the Holder surrendering the same.

          No service charge will be made for any such registration of transfer
or exchange of Certificates, but the Certificate Registrar may require payment
of a sum sufficient to cover any tax or other governmental charge that may be
imposed in connection with any transfer or exchange of Certificates.

          No transfer of this Certificate shall be made unless that transfer is
made pursuant to an effective registration statement under the 1933 Act and
effective registration or qualification under applicable state securities laws,
or is made in a transaction that does not require such registration or
qualification. In the event that a transfer is to be made without registration
or qualification, the Trustee shall require, in order to assure compliance with
such laws, either (i) in the case of a transfer made in reliance on Rule 144A
under the 1933 Act, that the proposed transferee delivers to the Trustee a
completed investment letter in substantially the form attached to the Agreement
as Exhibit J, or (ii) in the case of any other transfer, that the
Certificateholder desiring to effect the transfer and such Certificateholder's
prospective transferee each execute a representation letter in substantially the
forms of Exhibit L and Exhibit J attached to the Agreement, respectively,
certifying to the Depositor and the Trustee the facts surrounding the transfer
as described in Section 5.02 of the Agreement, or as provided in the Agreement
the Depositor and the Trustee shall require an Opinion of Counsel satisfactory
to them that such transfer may be made without such registration or
qualification, which Opinion of Counsel shall not be an expense of the
Depositor, the Trustee or the Certificate Registrar, in their

                                     B-7A-5
<PAGE>

respective capacities as such. None of the Depositor, the Certificate Registrar
nor the Trustee is obligated to register or qualify the Class of Certificates
specified on the face hereof under the 1933 Act or any other securities law or
to take any action not otherwise required under the Agreement to permit the
transfer of such Certificates without registration or qualification. Any such
Certificateholder desiring to effect such transfer shall, and does hereby agree
to, indemnify the Trustee, the Depositor, the Certificate Registrar and the
Servicer against any liability that may result if the transfer is not so exempt
or is not made in accordance with such federal and state laws.

          The Depositor, the Servicer, the Trustee and the Certificate Registrar
and any agent of the Depositor, the Servicer, the Trustee or the Certificate
Registrar may treat the Person in whose name this Certificate is registered as
the owner hereof for all purposes, and none of the Depositor, the Servicer, the
Trustee, the Certificate Registrar nor any such agent shall be affected by
notice to the contrary.

          The obligations created by the Agreement and the Trust Fund created
thereby shall terminate upon payment to the Certificateholders of all amounts
held by or on behalf of the Trustee and required to be paid to them pursuant to
the Agreement following the earlier of (i) the final payment or other
liquidation (or any advance with respect thereto) of the last Mortgage Loan
remaining in the Trust Fund, and (ii) the purchase by the party designated in
the Agreement at a price determined as provided in the Agreement from the Trust
Fund of all Mortgage Loans and all property acquired in respect of such Mortgage
Loans. The Agreement permits, but does not require, the party designated in the
Agreement to purchase from the Trust Fund all Mortgage Loans and all property
acquired in respect of any Mortgage Loan at a price determined as provided in
the Agreement. The exercise of such right will effect early retirement of the
Certificates; however, such right to purchase is subject to the aggregate Pool
Balance of the Mortgage Loans at the time of purchase being 10% or less of the
Cut-off Date Aggregate Principal Balance.

          The recitals contained herein shall be taken as statements of the
Depositor and the Trustee assumes no responsibility for their correctness.

          Unless the certificate of authentication hereon has been executed by
the Certificate Registrar, by manual signature, this Certificate shall not be
entitled to any benefit under the Agreement or be valid for any purpose.

                                     B-7A-6
<PAGE>

          IN WITNESS WHEREOF, the Trustee has caused this Certificate to be duly
executed.

Dated:


                                             JPMORGAN CHASE BANK, as Trustee


                                             By:
                                                --------------------------------
                                                Authorized Officer

                          CERTIFICATE OF AUTHENTICATION

          This is one of the Certificates referred to in the within-mentioned
Agreement.


                                             JPMORGAN CHASE BANK, as Certificate
                                               Registrar


                                             By:
                                                --------------------------------
                                                Authorized Signatory

Date of authentication:

                                     B-7A-7
<PAGE>

                                  ABBREVIATIONS

          The following abbreviations, when used in the inscription on the face
of this instrument, shall be construed as though they were written out in full
according to applicable laws or regulations:

TEN COM - as tenants in common           UNIF GIFT MIN ACT - Custodian
                                                             ---------
                                                             (Cust) (Minor)
TEN ENT - as tenants by the entireties                       under Uniform Gifts
                                                             to Minors Act
JT TEN  - as joint tenants with right                        ___________________
          of survivorship and not as                               (State)
          tenants in common

          Additional abbreviations may also be used though not in the above
list.

                                   ASSIGNMENT

          FOR VALUE RECEIVED, the undersigned hereby sell(s), assign(s) and
transfer(s) unto _______________________________________________________________
________________________________________________________________________________
(Please print or typewrite name, address including postal zip code, and Taxpayer
Identification Number of assignee)______________________________________________
a Percentage Interest equal to ____% evidenced by the within asset-backed
Certificate and hereby authorize(s) the registration of transfer of such
interest to assignee on the Certificate Register of the Trust Fund.

          I (we) further direct the Certificate Registrar to issue a new
Certificate of a like Percentage Interest and Class to the above named assignee
and deliver such Certificate to the following address:
________________________________________________________________________________

Dated:


                                       -----------------------------------------
                                       Signature by or on behalf of assignor


                                       -----------------------------------------
                                       Signature Guaranteed

                                     B-7A-8
<PAGE>

                            DISTRIBUTION INSTRUCTIONS

          The assignee should include the following for purposes of
distribution:

          Distributions shall be made, by wire transfer or otherwise, in
immediately available funds to _________________________________________________
________________________________________________________________________________
for the account of _______________________________, account number_____________,
or, if mailed by check, to______________________________________________________
Applicable statements should be mailed to_______________________________________
This information is provided by________________________________________________,
the assignee named above, or __________________________________, as its agent.

                                     B-7A-9
<PAGE>

                                  EXHIBIT B-7B

                        [FORM OF CLASS M-7F CERTIFICATE]

UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO THE TRUSTEE OR ITS
AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE
ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS
REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO
CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR
OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER
HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.

THIS CERTIFICATE IS SUBORDINATED IN RIGHT OF PAYMENT TO THE CLASS A, CLASS M-1,
CLASS M-2, CLASS M-3, CLASS M-4, CLASS M-5 AND CLASS M-6 CERTIFICATES AS
DESCRIBED IN THE POOLING AND SERVICING AGREEMENT REFERRED TO HEREIN.

FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE REPRESENTS BENEFICIAL
OWNERSHIP OF A "REGULAR INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT
CONDUIT," AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF
THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE "CODE") AND CERTAIN OTHER
PROPERTY.

THE CLASS M-7F CERTIFICATES ARE ONLY OFFERED FOR SALE, AND ARE ONLY TRANSFERABLE
TO PLAN INVESTORS IF AN EXEMPTION FROM THE PROHIBITED TRANSACTION RULES OF ERISA
AND THE CODE APPLIES. EACH PURCHASER OF A CLASS M-7F CERTIFICATE, OTHER THAN THE
INITIAL PURCHASER OF THE CLASS M-7F CERTIFICATE, BY VIRTUE OF ITS PURCHASE OF
SUCH CERTIFICATE, WILL BE DEEMED TO HAVE REPRESENTED EITHER THAT IT IS NOT A
PLAN INVESTOR OR THAT AN EXEMPTION FROM THE PROHIBITED TRANSACTION RULES OF
ERISA AND THE CODE APPLIES TO THE ACQUISITION, HOLDING, AND RESALE OF SUCH
CERTIFICATE AND TRANSACTIONS IN CONNECTION WITH THE SERVICING, MANAGEMENT AND
OPERATION OF THE TRUST.

                                     B-7B-1
<PAGE>

                  FIRST FRANKLIN MORTGAGE LOAN TRUST 2004-FF10
                            ASSET-BACKED CERTIFICATES
                          SERIES 2004-FF10, CLASS M-7F

evidencing a beneficial ownership interest in a Trust Fund consisting primarily
of a pool of conventional fixed-rate and adjustable-rate one- to four-family
first lien mortgage loans formed and sold by

                        ASSET BACKED FUNDING CORPORATION

Series 2004-FF10, Class M-7F                 Original Class Certificate
                                             Principal Balance of the Class M-7F
                                             Certificates as of the Closing
Certificate Interest Rate: Fixed             Date: $2,000,000

Date of Pooling and Servicing Agreement      Initial Certificate Principal
and Cut-off Date: October 1, 2004            Balance: $[___]

First Distribution Date: November 26, 2004   Servicer: Countrywide Home Loans
                                             Servicing LP

No.                                          Trustee: JPMorgan Chase Bank

CUSIP: 32027N MR 9                           Closing Date: October 21, 2004

ISIN: US32027NMR97

DISTRIBUTIONS IN REDUCTION OF THE CERTIFICATE PRINCIPAL BALANCE OF THIS
CERTIFICATE MAY BE MADE MONTHLY AS SET FORTH HEREIN. ACCORDINGLY, THE
OUTSTANDING CERTIFICATE PRINCIPAL BALANCE HEREOF AT ANY TIME MAY BE LESS THAN
THE AMOUNT SHOWN ABOVE.

THIS CERTIFICATE DOES NOT REPRESENT AN OBLIGATION OF OR INTEREST IN ASSET BACKED
FUNDING CORPORATION, THE SERVICER, THE TRUSTEE OR ANY OF THEIR AFFILIATES. THIS
CERTIFICATE IS NOT GUARANTEED BY ANY AGENCY OR INSTRUMENTALITY OF THE UNITED
STATES.

          This certifies that _________________ is the registered owner of a
Percentage Interest (obtained by dividing the Initial Certificate Principal
Balance of this Certificate by the Original Class Certificate Principal Balance
of the Class M-7F Certificates) in that certain beneficial ownership interest
evidenced by all the Class M-7F Certificates in the Trust Fund created pursuant
to a Pooling and Servicing Agreement, dated as specified above (the
"Agreement"), among Asset Backed Funding Corporation (hereinafter called the
"Depositor," which term includes any successor entity under the Agreement), the
Servicer and the Trustee, a summary of certain of the pertinent provisions of
which is set forth hereafter. To the extent not defined herein, the capitalized
terms used herein have the meanings assigned in the Agreement. This Certificate
is issued under and is subject to the terms, provisions and conditions of the
Agreement, to which Agreement the Holder of this Certificate by virtue of the
acceptance hereof assents and by which such Holder is bound.

                                     B-7B-2
<PAGE>

          Pursuant to the terms of the Agreement, distributions will be made on
the 25th day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (a "Distribution Date"), commencing on the
first Distribution Date specified above, to the Person in whose name this
Certificate is registered on the last day of the preceding calendar month (or
the Closing Date, in the case of the first Distribution Date) (the "Record
Date"), from funds in the Distribution Account in an amount equal to the product
of the Percentage Interest evidenced by this Certificate and the amount required
to be distributed to the Holders of Class M-7F Certificates on such Distribution
Date pursuant to the Agreement; provided, however, that if any Class M-7F
Certificate becomes a Definitive Certificate, the Record Date for such
Certificate will be the last Business Day of the month immediately preceding the
month in which the related Distribution Date occurs.

          All distributions to the Holder of this Certificate under the
Agreement will be made or caused to be made by or on behalf of the Trustee by
wire transfer in immediately available funds to the account of the Person
entitled thereto if such Person shall have so notified the Certificate Registrar
in writing at least five Business Days prior to the Record Date immediately
prior to such Distribution Date and is the registered owner of Class M-7F
Certificates, or by check mailed by first class mail to the address of the
Person entitled thereto, as such name and address shall appear on the
Certificate Register, provided that the Certificate Registrar may deduct a
reasonable wire transfer fee from any payment made by wire transfer.
Notwithstanding the above, the final distribution on this Certificate will be
made after due notice by the Trustee of the pendency of such distribution and
only upon presentation and surrender of this Certificate at the office or agency
appointed by the Trustee for that purpose as provided in the Agreement.

          The Certificate Interest Rate for the Class M-7F Certificates for each
Distribution Date will be 5.50% per annum.

          This Certificate is one of a duly authorized issue of Certificates
designated as First Franklin Mortgage Loan Trust 2004-FF10, Asset-Backed
Certificates, of the Series specified on the face hereof (herein called the
"Certificates") and representing a Percentage Interest in the Class M-7F
Certificates.

          The Class M-7F Certificates are limited in right of payment to certain
collections and recoveries respecting the Mortgage Loans, all as more
specifically set forth herein and in the Agreement. As provided in the
Agreement, withdrawals from the Collection Accounts and the Distribution Account
may be made from time to time for purposes other than distributions to
Certificateholders, such purposes including reimbursement of advances made, or
certain expenses incurred, with respect to the Mortgage Loans.

          This certificate is subordinated in right of payment to the Class A
Certificates, Class M-1 Certificate, Class M-2 Certificates, Class M-3
Certificates, Class M-4 Certificates, Class M-5 Certificates, and Class M-6
Certificates, as described in the Agreement referred to herein.

          The Agreement permits, with certain exceptions therein provided, the
amendment thereof and the modification of the rights and obligations of the
Depositor, the Servicer, the

                                     B-7B-3
<PAGE>

Trustee and the rights of the Certificateholders under the Agreement at any time
by the Depositor, the Servicer and the Trustee with the consent of the Holders
of Certificates entitled to the Voting Rights identified in the Agreement. Any
such consent by the Holder of this Certificate shall be conclusive and binding
on such Holder and upon all future Holders of this Certificate and of any
Certificate issued upon the transfer hereof or in exchange herefor or in lieu
hereof whether or not notation of such consent is made upon this Certificate.
The Agreement also permits the amendment thereof, in certain limited
circumstances, without the consent of the Holders of any of the Certificates.

          As provided in the Agreement and subject to certain limitations
therein set forth, the transfer of this Certificate is registrable in the
Certificate Register upon surrender of this Certificate for registration of
transfer at the offices or agencies appointed by the Trustee as provided in the
Agreement, duly endorsed by, or accompanied by an assignment in the form below
or other written instrument of transfer in form satisfactory to the Trustee and
the Certificate Registrar duly executed by, the Holder hereof or such Holder's
attorney duly authorized in writing, and thereupon one or more new Certificates
of the same Class in authorized denominations evidencing the same aggregate
Percentage Interest will be issued to the designated transferee or transferees.

          The Certificates are issuable in fully registered form only without
coupons in Classes and denominations representing Percentage Interests specified
in the Agreement. As provided in the Agreement and subject to certain
limitations therein set forth, Certificates are exchangeable for new
Certificates of the same Class in authorized denominations evidencing the same
aggregate Percentage Interest, as requested by the Holder surrendering the same.

          No service charge will be made for any such registration of transfer
or exchange of Certificates, but the Certificate Registrar may require payment
of a sum sufficient to cover any tax or other governmental charge that may be
imposed in connection with any transfer or exchange of Certificates.

          The Depositor, the Servicer, the Trustee and the Certificate Registrar
and any agent of the Depositor, the Servicer, the Trustee or the Certificate
Registrar may treat the Person in whose name this Certificate is registered as
the owner hereof for all purposes, and none of the Depositor, the Servicer, the
Trustee, the Certificate Registrar nor any such agent shall be affected by
notice to the contrary.

          The obligations created by the Agreement and the Trust Fund created
thereby shall terminate upon payment to the Certificateholders of all amounts
held by or on behalf of the Trustee and required to be paid to them pursuant to
the Agreement following the earlier of (i) the final payment or other
liquidation (or any advance with respect thereto) of the last Mortgage Loan
remaining in the Trust Fund, and (ii) the purchase by the party designated in
the Agreement at a price determined as provided in the Agreement from the Trust
Fund of all Mortgage Loans and all property acquired in respect of such Mortgage
Loans. The Agreement permits, but does not require, the party designated in the
Agreement to purchase from the Trust Fund all Mortgage Loans and all property
acquired in respect of any Mortgage Loan at a price determined as provided in
the Agreement. The exercise of such right will effect early retirement of the
Certificates; however, such right to purchase is subject to the aggregate Pool
Balance of the

                                     B-7B-4
<PAGE>

Mortgage Loans at the time of purchase being 10% or less of the Cut-off Date
Aggregate Principal Balance.

          The recitals contained herein shall be taken as statements of the
Depositor and the Trustee assumes no responsibility for their correctness.

          Unless the certificate of authentication hereon has been executed by
the Certificate Registrar, by manual signature, this Certificate shall not be
entitled to any benefit under the Agreement or be valid for any purpose.

                                     B-7B-5
<PAGE>

          IN WITNESS WHEREOF, the Trustee has caused this Certificate to be duly
executed.

Dated:


                                             JPMORGAN CHASE BANK, as Trustee


                                             By:
                                                --------------------------------
                                                Authorized Officer

                          CERTIFICATE OF AUTHENTICATION

          This is one of the Certificates referred to in the within-mentioned
Agreement.


                                             JPMORGAN CHASE BANK, as Certificate
                                               Registrar


                                             By:
                                                --------------------------------
                                                Authorized Signatory

Date of authentication:

                                     B-7B-6
<PAGE>

                                  ABBREVIATIONS

          The following abbreviations, when used in the inscription on the face
of this instrument, shall be construed as though they were written out in full
according to applicable laws or regulations:

TEN COM - as tenants in common           UNIF GIFT MIN ACT - Custodian
                                                             ---------
                                                             (Cust) (Minor)
TEN ENT - as tenants by the entireties                       under Uniform Gifts
                                                             to Minors Act
JT TEN  - as joint tenants with right                        ___________________
          of survivorship and not as                               (State)
          tenants in common

          Additional abbreviations may also be used though not in the above
list.

                                   ASSIGNMENT

          FOR VALUE RECEIVED, the undersigned hereby sell(s), assign(s) and
transfer(s) unto _______________________________________________________________
________________________________________________________________________________
(Please print or typewrite name, address including postal zip code, and Taxpayer
Identification Number of assignee)______________________________________________
a Percentage Interest equal to ____% evidenced by the within asset-backed
Certificate and hereby authorize(s) the registration of transfer of such
interest to assignee on the Certificate Register of the Trust Fund.

          I (we) further direct the Certificate Registrar to issue a new
Certificate of a like Percentage Interest and Class to the above named assignee
and deliver such Certificate to the following address:
________________________________________________________________________________

Dated:


                                       -----------------------------------------
                                       Signature by or on behalf of assignor


                                       -----------------------------------------
                                       Signature Guaranteed

                                     B-7B-7
<PAGE>

                            DISTRIBUTION INSTRUCTIONS

          The assignee should include the following for purposes of
distribution:

          Distributions shall be made, by wire transfer or otherwise, in
immediately available funds to _________________________________________________
________________________________________________________________________________
for the account of ____________________________, account number _______________,
or, if mailed by check, to ____________________________________________________.
Applicable statements should be mailed to_______________________________________
This information is provided by _______________________________________________,
the assignee named above, or ________________________________________, as its
agent.

                                     B-7B-8
<PAGE>

                                   EXHIBIT C-1

                         [FORM OF CLASS CE CERTIFICATES]

FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE REPRESENTS A DIRECT OR
INDIRECT BENEFICIAL INTEREST IN A "REGULAR INTEREST" IN A "REAL ESTATE MORTGAGE
INVESTMENT CONDUIT," AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G
AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE "CODE") AND
CERTAIN OTHER PROPERTY.

THIS CLASS CE CERTIFICATE IS SUBORDINATE TO THE OFFERED CERTIFICATES OF THIS
SERIES TO THE EXTENT DESCRIBED HEREIN AND IN THE POOLING AND SERVICING AGREEMENT
REFERRED TO HEREIN.

THIS CLASS CE CERTIFICATE WILL NOT BE ENTITLED TO PAYMENTS UNTIL SUCH TIME AS
DESCRIBED IN THE POOLING AND SERVICING AGREEMENT REFERRED TO HEREIN.

THIS CLASS CE CERTIFICATE HAS NOT BEEN REGISTERED OR QUALIFIED UNDER THE
SECURITIES ACT OF 1933, AS AMENDED (THE "1933 ACT"), OR THE SECURITIES LAWS OF
ANY STATE. ANY RESALE, TRANSFER OR OTHER DISPOSITION OF THIS CERTIFICATE WITHOUT
SUCH REGISTRATION OR QUALIFICATION MAY BE MADE ONLY IN A TRANSACTION THAT DOES
NOT REQUIRE SUCH REGISTRATION OR QUALIFICATION AND IN ACCORDANCE WITH THE
PROVISIONS OF SECTION 5.02 OF THE POOLING AND SERVICING AGREEMENT REFERRED TO
HEREIN.

NO TRANSFER OF THIS CERTIFICATE TO AN EMPLOYEE BENEFIT PLAN OR OTHER RETIREMENT
ARRANGEMENT SUBJECT TO TITLE I OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF
1974, AS AMENDED, SECTION 4975 OF THE CODE OR ANY MATERIALLY SIMILAR PROVISIONS
OF APPLICABLE FEDERAL, STATE OR LOCAL LAW WILL BE REGISTERED EXCEPT AS PROVIDED
IN THE POOLING AND SERVICING AGREEMENT.

                                      C-1-1
<PAGE>

                  FIRST FRANKLIN MORTGAGE LOAN TRUST 2004-FF10
                            ASSET-BACKED CERTIFICATES
                           SERIES 2004-FF10, CLASS CE

evidencing a beneficial ownership interest in a Trust Fund consisting primarily
of a pool of conventional fixed-rate and adjustable-rate one- to four-family
first lien mortgage loans formed and sold by

                        ASSET BACKED FUNDING CORPORATION

Series 2004-FF10, Class CE                    Servicer: Countrywide Home Loans
                                              Servicing LP
Date of Pooling and Servicing Agreement
and Cut-off Date: October 1, 2004             Trustee: JPMorgan Chase Bank

First Distribution Date: November 26, 2004    Closing Date: October 21, 2004

No.

Percentage Interest: 100%

     THIS CERTIFICATE DOES NOT REPRESENT AN OBLIGATION OF OR INTEREST IN ASSET
     BACKED FUNDING CORPORATION, THE SERVICER, THE TRUSTEE OR ANY OF THEIR
     AFFILIATES. THIS CERTIFICATE IS NOT GUARANTEED BY ANY AGENCY OR
     INSTRUMENTALITY OF THE UNITED STATES.

          This certifies that __________________________________ is the
registered owner of a Percentage Interest set forth above in that certain
beneficial ownership interest evidenced by all the Class CE Certificates in the
Trust Fund created pursuant to a Pooling and Servicing Agreement, dated as
specified above (the "Agreement"), among Asset Backed Funding Corporation
(hereinafter called the "Depositor," which term includes any successor entity
under the Agreement), the Servicer and the Trustee, a summary of certain of the
pertinent provisions of which is set forth hereafter. To the extent not defined
herein, the capitalized terms used herein have the meanings assigned in the
Agreement. This Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement the Holder of
this Certificate by virtue of the acceptance hereof assents and by which such
Holder is bound.

          Pursuant to the terms of the Agreement, distributions will be made on
the 25th day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (a "Distribution Date"), commencing on the
first Distribution Date specified above, to the Person in whose name this
Certificate is registered on the last Business Day of the month immediately
preceding the month in which the related Distribution Date occurs (the "Record
Date"), from funds in the Distribution Account in an amount equal to the product
of the Percentage Interest evidenced by this Certificate and the amount required
to be distributed to the Holders of Class CE Certificates on such Distribution
Date pursuant to the Agreement.

                                      C-1-2
<PAGE>

          All distributions to the Holder of this Certificate under the
Agreement will be made or caused to be made by or on behalf of the Trustee by
wire transfer in immediately available funds to the account of the Person
entitled thereto if such Person shall have so notified the Certificate Registrar
in writing at least five Business Days prior to the Record Date immediately
prior to such Distribution Date and is the registered owner of Class CE
Certificates, or by check mailed by first class mail to the address of the
Person entitled thereto, as such name and address shall appear on the
Certificate Register, provided that the Certificate Registrar may deduct a
reasonable wire transfer fee from any payment made by wire transfer.
Notwithstanding the above, the final distribution on this Certificate will be
made after due notice by the Trustee of the pendency of such distribution and
only upon presentation and surrender of this Certificate at the office or agency
appointed by the Trustee for that purpose as provided in the Agreement.

          This Certificate is one of a duly authorized issue of Certificates
designated as First Franklin Mortgage Loan Trust 2004-FF10, Asset-Backed
Certificates, of the Series specified on the face hereof (herein called the
"Certificates") and representing the Percentage Interest specified on the face
hereof.

          The Class CE Certificates are limited in right of payment to certain
collections and recoveries respecting the Mortgage Loans, all as more
specifically set forth herein and in the Agreement. As provided in the
Agreement, withdrawals from the Collection Accounts and the Distribution Account
may be made from time to time for purposes other than distributions to
Certificateholders, such purposes including reimbursement of advances made, or
certain expenses incurred, with respect to the Mortgage Loans.

          The Agreement permits, with certain exceptions therein provided, the
amendment thereof and the modification of the rights and obligations of the
Depositor, the Servicer, the Trustee and the rights of the Certificateholders
under the Agreement at any time by the Depositor, the Servicer and the Trustee
with the consent of the Holders of Certificates entitled to the Voting Rights
identified in the Agreement. Any such consent by the Holder of this Certificate
shall be conclusive and binding on such Holder and upon all future Holders of
this Certificate and of any Certificate issued upon the transfer hereof or in
exchange herefor or in lieu hereof whether or not notation of such consent is
made upon this Certificate. The Agreement also permits the amendment thereof, in
certain limited circumstances, without the consent of the Holders of any of the
Certificates.

          As provided in the Agreement and subject to certain limitations
therein set forth, the transfer of this Certificate is registrable in the
Certificate Register upon surrender of this Certificate for registration of
transfer at the offices or agencies appointed by the Trustee as provided in the
Agreement, duly endorsed by, or accompanied by an assignment in the form below
or other written instrument of transfer in form satisfactory to the Trustee and
the Certificate Registrar duly executed by, the Holder hereof or such Holder's
attorney duly authorized in writing, and thereupon one or more new Certificates
of the same Class in authorized denominations evidencing the same aggregate
Percentage Interest will be issued to the designated transferee or transferees.

          The Certificates are issuable in fully registered form only without
coupons in Classes and denominations representing Percentage Interests specified
in the Agreement. As

                                      C-1-3
<PAGE>

provided in the Agreement and subject to certain limitations therein set forth,
Certificates are exchangeable for new Certificates of the same Class in
authorized denominations evidencing the same aggregate Percentage Interest, as
requested by the Holder surrendering the same.

          No transfer of this Certificate shall be made unless that transfer is
made pursuant to an effective registration statement under the 1933 Act and
effective registration or qualification under applicable state securities laws,
or is made in a transaction that does not require such registration or
qualification. In the event that a transfer is to be made without registration
or qualification, the Certificate Registrar shall require, in order to assure
compliance with such laws, either (i) that the Certificateholder desiring to
effect the transfer and such Certificateholder's prospective transferee each
execute a representation letter in the form described by the Agreement
certifying to the Certificate Registrar the facts surrounding the transfer, or
(ii) unless such transfer is made in reliance upon Rule 144A under the 1933 Act,
that the Depositor and the Certificate Registrar receive an Opinion of Counsel
satisfactory to them that such transfer may be made without such registration or
qualification, which Opinion of Counsel shall not be an expense of the
Depositor, the Trustee or the Certificate Registrar, in their respective
capacities as such. None of the Depositor, the Certificate Registrar or the
Trustee is obligated to register or qualify the Class of Certificates specified
on the face hereof under the 1933 Act or any other securities law or to take any
action not otherwise required under the Agreement to permit the transfer of such
Certificates without registration or qualification. Any such Certificateholder
desiring to effect such transfer shall, and does hereby agree to, indemnify the
Trustee, the Depositor, the Certificate Registrar and any Servicer against any
liability that may result if the transfer is not so exempt or is not made in
accordance with such federal and state laws.

          No transfer of a Certificate or any interest therein may be made to
employee benefit plans and certain other retirement plans and arrangements,
including individual retirement accounts and annuities, Keogh plans and
collective investment funds and separate accounts in which such plans, accounts
or arrangements are invested that are subject to the fiduciary responsibility
provisions of ERISA, Section 4975 of the Code or any materially similar
provisions of applicable federal, state or local law (collectively, "Plans") or
any person who is directly or indirectly purchasing the Certificate or interest
therein on behalf of, as named fiduciary of, as trustee of, or with assets of a
Plan except as provided in the Pooling and Servicing Agreement.

          No service charge will be made for any such registration of transfer
or exchange of Certificates, but the Trustee may require payment of a sum
sufficient to cover any tax or other governmental charge that may be imposed in
connection with any transfer or exchange of Certificates.

          The Depositor, the Servicer, the Trustee and the Certificate Registrar
and any agent of the Depositor, the Servicer, the Trustee or the Certificate
Registrar may treat the Person in whose name this Certificate is registered as
the owner hereof for all purposes, and none of the Depositor, the Servicer, the
Trustee, the Certificate Registrar nor any such agent shall be affected by
notice to the contrary.

                                      C-1-4
<PAGE>

          The obligations created by the Agreement and the Trust Fund created
thereby shall terminate upon payment to the Certificateholders of all amounts
held by or on behalf of the Trustee and required to be paid to them pursuant to
the Agreement following the earlier of (i) the final payment or other
liquidation (or any advance with respect thereto) of the last Mortgage Loan
remaining in the Trust Fund, and (ii) the purchase by the party designated in
the Agreement at a price determined as provided in the Agreement from the Trust
Fund of all Mortgage Loans and all property acquired in respect of such Mortgage
Loans. The Agreement permits, but does not require, the party designated in the
Agreement to purchase from the Trust Fund all Mortgage Loans and all property
acquired in respect of any Mortgage Loan at a price determined as provided in
the Agreement. The exercise of such right will effect early retirement of the
Certificates; however, such right to purchase is subject to the aggregate Pool
Balance of the Mortgage Loans at the time of purchase being 10% or less of the
Cut-off Date Aggregate Principal Balance.

          The recitals contained herein shall be taken as statements of the
Depositor and the Trustee assume no responsibility for their correctness.

          Unless the certificate of authentication hereon has been executed by
the Certificate Registrar, by manual signature, this Certificate shall not be
entitled to any benefit under the Agreement or be valid for any purpose.

                                      C-1-5
<PAGE>

          IN WITNESS WHEREOF, the Trustee has caused this Certificate to be duly
executed.

Dated:


                                             JPMORGAN CHASE BANK, as Trustee


                                             By:
                                                --------------------------------
                                                Authorized Officer

                          CERTIFICATE OF AUTHENTICATION

          This is one of the Certificates referred to in the within-mentioned
Agreement.

Dated:


                                             JPMORGAN CHASE BANK, as Certificate
                                               Registrar


                                             By:
                                                --------------------------------
                                                Authorized Signatory

                                      C-1-6
<PAGE>

                                  ABBREVIATIONS

          The following abbreviations, when used in the inscription on the face
of this instrument, shall be construed as though they were written out in full
according to applicable laws or regulations:

TEN COM - as tenants in common           UNIF GIFT MIN ACT - Custodian
                                                             ---------
                                                             (Cust) (Minor)
TEN ENT - as tenants by the entireties                       under Uniform Gifts
                                                             to Minors Act
JT TEN  - as joint tenants with right                        ___________________
          of survivorship and not as                               (State)
          tenants in common

          Additional abbreviations may also be used though not in the above
list.

                                   ASSIGNMENT

          FOR VALUE RECEIVED, the undersigned hereby sell(s), assign(s) and
transfer(s) unto _______________________________________________________________
________________________________________________________________________________
(Please print or typewrite name, address including postal zip code, and Taxpayer
Identification Number of assignee)______________________________________________
a Percentage Interest equal to ____% evidenced by the within asset-backed
Certificate and hereby authorize(s) the registration of transfer of such
interest to assignee on the Certificate Register of the Trust Fund.

          I (we) further direct the Certificate Registrar to issue a new
Certificate of a like Percentage Interest and Class to the above named assignee
and deliver such Certificate to the following address:
________________________________________________________________________________

Dated:


                                       -----------------------------------------
                                       Signature by or on behalf of assignor


                                       -----------------------------------------
                                       Signature Guaranteed

                                      C-1-7
<PAGE>

                            DISTRIBUTION INSTRUCTIONS

          The assignee should include the following for purposes of
distribution:

          Distributions shall be made, by wire transfer or otherwise, in
immediately available funds to _________________________________________________
________________________________________________________________________________
for the account of _______________________________, account number_____________,
or, if mailed by check, to______________________________________________________
Applicable statements should be mailed to_______________________________________
This information is provided by________________________________________________,
the assignee named above, or __________________________________, as its agent.

                                      C-1-8
<PAGE>

                                   EXHIBIT C-2

                          [FORM OF CLASS P CERTIFICATE]

THIS CLASS P CERTIFICATE HAS NOT BEEN REGISTERED OR QUALIFIED UNDER THE
SECURITIES ACT OF 1933, AS AMENDED (THE "1933 ACT"), OR THE SECURITIES LAWS OF
ANY STATE. ANY RESALE, TRANSFER OR OTHER DISPOSITION OF THIS CERTIFICATE WITHOUT
SUCH REGISTRATION OR QUALIFICATION MAY BE MADE ONLY IN A TRANSACTION THAT DOES
NOT REQUIRE SUCH REGISTRATION OR QUALIFICATION AND IN ACCORDANCE WITH THE
PROVISIONS OF SECTION 5.02 OF THE POOLING AND SERVICING AGREEMENT REFERRED TO
HEREIN.

FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE REPRESENTS BENEFICIAL
OWNERSHIP OF A "REGULAR INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT
CONDUIT," AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF
THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE "CODE") AND CERTAIN OTHER
PROPERTY.

NO TRANSFER OF THIS CERTIFICATE TO AN EMPLOYEE BENEFIT PLAN OR OTHER RETIREMENT
ARRANGEMENT SUBJECT TO TITLE I OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF
1974, AS AMENDED, SECTION 4975 OF THE CODE OR ANY MATERIALLY SIMILAR PROVISIONS
OF APPLICABLE FEDERAL, STATE OR LOCAL LAW WILL BE REGISTERED EXCEPT AS PROVIDED
IN THE POOLING AND SERVICING AGREEMENT.

                                      C-2-1
<PAGE>

                  FIRST FRANKLIN MORTGAGE LOAN TRUST 2004-FF10
                            ASSET-BACKED CERTIFICATES
                            SERIES 2004-FF10, CLASS P

evidencing a beneficial ownership interest in a Trust Fund consisting primarily
of a pool of conventional fixed-rate and adjustable-rate one- to four-family
first lien mortgage loans formed and sold by

                        ASSET BACKED FUNDING CORPORATION

Series 2004-FF10, Class P                   Original Class Certificate Principal
                                            Balance of the Class P Certificates
                                            as of the Closing Date: $100

Date of Pooling and Servicing Agreement     Initial Certificate Principal
and Cut-off Date: October 1, 2004           Balance: $100

First Distribution Date: November 26, 2004  Servicer: Countrywide Home Loans
                                            Servicing LP

No.                                         Trustee: JPMorgan Chase Bank

                                            Closing Date: October 21, 2004

     THIS CERTIFICATE DOES NOT REPRESENT AN OBLIGATION OF OR INTEREST IN ASSET
     BACKED FUNDING CORPORATION, THE SERVICER, THE TRUSTEE OR ANY OF THEIR
     AFFILIATES. THIS CERTIFICATE IS NOT GUARANTEED BY ANY AGENCY OR
     INSTRUMENTALITY OF THE UNITED STATES.

          This certifies that __________________________________ is the
registered owner of a Percentage Interest set forth above in that certain
beneficial ownership interest evidenced by all the Class P Certificates in the
Trust Fund created pursuant to a Pooling and Servicing Agreement, dated as
specified above (the "Agreement"), among Asset Backed Funding Corporation
(hereinafter called the "Depositor," which term includes any successor entity
under the Agreement), the Servicer and the Trustee, a summary of certain of the
pertinent provisions of which is set forth hereafter. To the extent not defined
herein, the capitalized terms used herein have the meanings assigned in the
Agreement. This Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement the Holder of
this Certificate by virtue of the acceptance hereof assents and by which such
Holder is bound.

          Pursuant to the terms of the Agreement, distributions will be made on
the 25th day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (a "Distribution Date"), commencing on the
first Distribution Date specified above, to the Person in whose name this
Certificate is registered on the last Business Day of the month immediately
preceding the month in which the related Distribution Date occurs (the "Record
Date"), from Prepayment Charges, Originator Prepayment Charge Payment Amounts
and Servicer Prepayment Charge Payment Amounts in the Distribution Account in an
amount equal to the product of the Percentage Interest evidenced by this
Certificate and the amount required to

                                      C-2-2
<PAGE>

be distributed to the Holders of Class P Certificates on such Distribution Date
pursuant to the Agreement.

          All distributions to the Holder of this Certificate under the
Agreement will be made or caused to be made by or on behalf of the Trustee by
wire transfer in immediately available funds to the account of the Person
entitled thereto if such Person shall have so notified the Certificate Registrar
in writing at least five Business Days prior to the Record Date immediately
prior to such Distribution Date and is the registered owner of Class P
Certificates, or by check mailed by first class mail to the address of the
Person entitled thereto, as such name and address shall appear on the
Certificate Register, provided that the Certificate Registrar may deduct a
reasonable wire transfer fee from any payment made by wire transfer.
Notwithstanding the above, the final distribution on this Certificate will be
made after due notice by the Trustee of the pendency of such distribution and
only upon presentation and surrender of this Certificate at the office or agency
appointed by the Trustee for that purpose as provided in the Agreement.

          This Certificate is one of a duly authorized issue of Certificates
designated as First Franklin Mortgage Loan Trust 2004-FF10, Asset-Backed
Certificates, of the Series specified on the face hereof (herein called the
"Certificates") and representing the Percentage Interest specified on the face
hereof.

          The Class P Certificates are limited in right of payment to Prepayment
Charges received on the Mortgage Loans, Originator Prepayment Charge Payment
Amounts and Servicer Prepayment Charge Payment Amounts, all as more specifically
set forth herein and in the Agreement. As provided in the Agreement, withdrawals
from the Collection Accounts and the Distribution Account may be made from time
to time for purposes other than distributions to Certificateholders, such
purposes including reimbursement of advances made, or certain expenses incurred,
with respect to the Mortgage Loans.

          The Agreement permits, with certain exceptions therein provided, the
amendment thereof and the modification of the rights and obligations of the
Depositor, the Servicer, the Trustee and the rights of the Certificateholders
under the Agreement at any time by the Depositor, the Servicer and the Trustee
with the consent of the Holders of Certificates entitled to the Voting Rights
identified in the Agreement. Any such consent by the Holder of this Certificate
shall be conclusive and binding on such Holder and upon all future Holders of
this Certificate and of any Certificate issued upon the transfer hereof or in
exchange herefor or in lieu hereof whether or not notation of such consent is
made upon this Certificate. The Agreement also permits the amendment thereof, in
certain limited circumstances, without the consent of the Holders of any of the
Certificates.

          As provided in the Agreement and subject to certain limitations
therein set forth, the transfer of this Certificate is registrable in the
Certificate Register upon surrender of this Certificate for registration of
transfer at the offices or agencies appointed by the Trustee as provided in the
Agreement, duly endorsed by, or accompanied by an assignment in the form below
or other written instrument of transfer in form satisfactory to the Trustee and
the Certificate Registrar duly executed by, the Holder hereof or such Holder's
attorney duly authorized in writing, and thereupon one or more new Certificates
of the same Class in

                                      C-2-3
<PAGE>

authorized denominations evidencing the same aggregate Percentage Interest will
be issued to the designated transferee or transferees.

          The Certificates are issuable in fully registered form only without
coupons in Classes and denominations representing Percentage Interests specified
in the Agreement. As provided in the Agreement and subject to certain
limitations therein set forth, Certificates are exchangeable for new
Certificates of the same Class in authorized denominations evidencing the same
aggregate Percentage Interest, as requested by the Holder surrendering the same.

          No transfer of this Certificate shall be made unless that transfer is
made pursuant to an effective registration statement under the 1933 Act and
effective registration or qualification under applicable state securities laws,
or is made in a transaction that does not require such registration or
qualification. In the event that a transfer is to be made without registration
or qualification, the Certificate Registrar shall require, in order to assure
compliance with such laws, either (i) that the Certificateholder desiring to
effect the transfer and such Certificateholder's prospective transferee each
execute a representation letter in the form described by the Agreement
certifying to the Certificate Registrar the facts surrounding the transfer, or
(ii) unless such transfer is made in reliance upon Rule 144A under the 1933 Act,
that the Depositor and the Certificate Registrar receive an Opinion of Counsel
satisfactory to them that such transfer may be made without such registration or
qualification, which Opinion of Counsel shall not be an expense of the
Depositor, the Trustee or the Certificate Registrar, in their respective
capacities as such. None of the Depositor, the Certificate Registrar or the
Trustee is obligated to register or qualify the Class of Certificates specified
on the face hereof under the 1933 Act or any other securities law or to take any
action not otherwise required under the Agreement to permit the transfer of such
Certificates without registration or qualification. Any such Certificateholder
desiring to effect such transfer shall, and does hereby agree to, indemnify the
Trustee, the Depositor, the Certificate Registrar and any Servicer against any
liability that may result if the transfer is not so exempt or is not made in
accordance with such federal and state laws.

          No transfer of a Certificate or any interest therein may be made to
employee benefit plans and certain other retirement plans and arrangements,
including individual retirement accounts and annuities, Keogh plans and
collective investment funds and separate accounts in which such plans, accounts
or arrangements are invested that are subject to the fiduciary responsibility
provisions of ERISA, Section 4975 of the Code or any materially similar
provisions of applicable federal, state or local law (collectively, "Plans") or
any person who is directly or indirectly purchasing the Certificate or interest
therein on behalf of, as named fiduciary of, as trustee of, or with assets of a
Plan.

          No service charge will be made for any such registration of transfer
or exchange of Certificates, but the Certificate Registrar may require payment
of a sum sufficient to cover any tax or other governmental charge that may be
imposed in connection with any transfer or exchange of Certificates.

          The Depositor, the Servicer, the Trustee and the Certificate Registrar
and any agent of the Depositor, the Servicer, the Trustee or the Certificate
Registrar may treat the Person in whose name this Certificate is registered as
the owner hereof for all purposes, and none of the

                                      C-2-4
<PAGE>

Depositor, the Servicer, the Trustee, the Certificate Registrar or any such
agent shall be affected by notice to the contrary.

          The obligations created by the Agreement and the Trust Fund created
thereby shall terminate upon payment to the Certificateholders of all amounts
held by or on behalf of the Trustee and required to be paid to them pursuant to
the Agreement following the earlier of (i) the final payment or other
liquidation (or any advance with respect thereto) of the last Mortgage Loan
remaining in the Trust Fund, and (ii) the purchase by the party designated in
the Agreement at a price determined as provided in the Agreement from the Trust
Fund of all Mortgage Loans and all property acquired in respect of such Mortgage
Loans. The Agreement permits, but does not require, the party designated in the
Agreement to purchase from the Trust Fund all Mortgage Loans and all property
acquired in respect of any Mortgage Loan at a price determined as provided in
the Agreement. The exercise of such right will effect early retirement of the
Certificates; however, such right to purchase is subject to the aggregate Pool
Balance of the Mortgage Loans at the time of purchase being 10% or less of the
Cut-off Date Aggregate Principal Balance.

          The recitals contained herein shall be taken as statements of the
Depositor and the Trustee assumes no responsibility for their correctness.

          Unless the certificate of authentication hereon has been executed by
the Certificate Registrar, by manual signature, this Certificate shall not be
entitled to any benefit under the Agreement or be valid for any purpose.

                                      C-2-5
<PAGE>

          IN WITNESS WHEREOF, the Trustee has caused this Certificate to be duly
executed.

Dated:


                                             JPMORGAN CHASE BANK, as Trustee


                                             By:
                                                --------------------------------
                                                Authorized Officer

                          CERTIFICATE OF AUTHENTICATION

          This is one of the Certificates referred to in the within-mentioned
Agreement.

Dated:


                                             JPMORGAN CHASE BANK, as Certificate
                                               Registrar


                                             By:
                                                --------------------------------
                                                Authorized Signatory

                                      C-2-6
<PAGE>

                                  ABBREVIATIONS

          The following abbreviations, when used in the inscription on the face
of this instrument, shall be construed as though they were written out in full
according to applicable laws or regulations:

TEN COM - as tenants in common           UNIF GIFT MIN ACT - Custodian
                                                             ---------
                                                             (Cust) (Minor)
TEN ENT - as tenants by the entireties                       under Uniform Gifts
                                                             to Minors Act
JT TEN  - as joint tenants with right                        ___________________
          of survivorship and not as                               (State)
          tenants in common

          Additional abbreviations may also be used though not in the above
list.

                                   ASSIGNMENT

          FOR VALUE RECEIVED, the undersigned hereby sell(s), assign(s) and
transfer(s) unto _______________________________________________________________
________________________________________________________________________________
(Please print or typewrite name, address including postal zip code, and Taxpayer
Identification Number of assignee)______________________________________________
a Percentage Interest equal to ____% evidenced by the within asset-backed
Certificate and hereby authorize(s) the registration of transfer of such
interest to assignee on the Certificate Register of the Trust Fund.

          I (we) further direct the Certificate Registrar to issue a new
Certificate of a like Percentage Interest and Class to the above named assignee
and deliver such Certificate to the following address:
________________________________________________________________________________

Dated:


                                       -----------------------------------------
                                       Signature by or on behalf of assignor


                                       -----------------------------------------
                                       Signature Guaranteed

                                      C-2-7
<PAGE>

                            DISTRIBUTION INSTRUCTIONS

          The assignee should include the following for purposes of
distribution:

          Distributions shall be made, by wire transfer or otherwise, in
immediately available funds to _________________________________________________
________________________________________________________________________________
for the account of _______________________________, account number_____________,
or, if mailed by check, to______________________________________________________
Applicable statements should be mailed to_______________________________________
This information is provided by________________________________________________,
the assignee named above, or __________________________________, as its agent.

                                      C-2-8
<PAGE>

                                   EXHIBIT C-3

                          [FORM OF CLASS R CERTIFICATE]

THIS CERTIFICATE MAY NOT BE TRANSFERRED TO A NON-UNITED STATES PERSON.

FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE REPRESENTS THE "RESIDUAL
INTEREST" IN TWO SEPARATE "REAL ESTATE MORTGAGE INVESTMENT CONDUITS," AS THOSE
TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL
REVENUE CODE OF 1986, AS AMENDED (THE "CODE").

THIS CLASS R CERTIFICATE IS SUBORDINATE TO THE OFFERED CERTIFICATES OF THIS
SERIES TO THE EXTENT DESCRIBED HEREIN AND IN THE POOLING AND SERVICING AGREEMENT
REFERRED TO HEREIN.

THIS CLASS R CERTIFICATE WILL NOT BE ENTITLED TO PAYMENTS UNTIL SUCH TIME AS
DESCRIBED IN THE POOLING AND SERVICING AGREEMENT REFERRED TO HEREIN.

THIS CLASS R CERTIFICATE HAS NOT BEEN REGISTERED OR QUALIFIED UNDER THE
SECURITIES ACT OF 1933, AS AMENDED (THE "1933 ACT"), OR THE SECURITIES LAWS OF
ANY STATE. ANY RESALE, TRANSFER OR OTHER DISPOSITION OF THIS CERTIFICATE WITHOUT
SUCH REGISTRATION OR QUALIFICATION MAY BE MADE ONLY IN A TRANSACTION THAT DOES
NOT REQUIRE SUCH REGISTRATION OR QUALIFICATION AND IN ACCORDANCE WITH THE
PROVISIONS OF SECTION 5.02 OF THE POOLING AND SERVICING AGREEMENT REFERRED TO
HEREIN.

NO TRANSFER OF THIS CERTIFICATE TO AN EMPLOYEE BENEFIT PLAN OR OTHER RETIREMENT
ARRANGEMENT SUBJECT TO TITLE I OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF
1974, AS AMENDED, SECTION 4975 OF THE CODE OR ANY MATERIALLY SIMILAR PROVISIONS
OF APPLICABLE FEDERAL, STATE OR LOCAL LAW WILL BE REGISTERED.

ANY RESALE, TRANSFER OR OTHER DISPOSITION OF THIS CLASS R CERTIFICATE MAY BE
MADE ONLY IF THE PROPOSED TRANSFEREE PROVIDES (1) AN AFFIDAVIT TO THE
CERTIFICATE REGISTRAR THAT SUCH TRANSFEREE IS NOT (A) THE UNITED STATES, ANY
STATE OR POLITICAL SUBDIVISION THEREOF, ANY FOREIGN GOVERNMENT, ANY
INTERNATIONAL ORGANIZATION, OR ANY AGENCY OR INSTRUMENTALITY OF ANY OF THE
FOREGOING, (B) ANY ORGANIZATION (OTHER THAN A COOPERATIVE DESCRIBED IN SECTION
521 OF THE CODE) WHICH IS EXEMPT FROM THE TAX IMPOSED BY CHAPTER 1 OF THE CODE
UNLESS SUCH ORGANIZATION IS SUBJECT TO THE TAX IMPOSED BY SECTION 511 OF THE
CODE, (C) ANY ORGANIZATION DESCRIBED IN SECTION 1381(a)(2)(C) OF THE CODE (ANY
SUCH PERSON DESCRIBED IN THE FOREGOING CLAUSES (A), (B) OR (C) BEING

                                      C-3-1
<PAGE>

HEREINAFTER REFERRED TO AS A "DISQUALIFIED ORGANIZATION"), OR (D) AN AGENT OF A
DISQUALIFIED ORGANIZATION AND (2) NO PURPOSE OF SUCH TRANSFER IS TO IMPEDE THE
ASSESSMENT OR COLLECTION OF TAX, AND (3) SUCH TRANSFEREE SATISFIES CERTAIN
ADDITIONAL CONDITIONS RELATING TO THE FINANCIAL CONDITION OF THE PROPOSED
TRANSFEREE. NOTWITHSTANDING THE REGISTRATION IN THE CERTIFICATE REGISTER OR ANY
TRANSFER, SALE OR OTHER DISPOSITION OF THIS CLASS R CERTIFICATE TO A
DISQUALIFIED ORGANIZATION OR AN AGENT OF A DISQUALIFIED ORGANIZATION, SUCH
REGISTRATION SHALL BE DEEMED TO BE OF NO LEGAL FORCE OR EFFECT WHATSOEVER AND
SUCH PERSON SHALL NOT BE DEEMED TO BE A CERTIFICATEHOLDER FOR ANY PURPOSE
HEREUNDER, INCLUDING, BUT NOT LIMITED TO, THE RECEIPT OF DISTRIBUTIONS ON THIS
CERTIFICATE. EACH HOLDER OF THE CLASS R CERTIFICATE BY ACCEPTANCE OF THIS
CERTIFICATE SHALL BE DEEMED TO HAVE CONSENTED TO THE PROVISIONS OF THIS
PARAGRAPH AND THE PROVISIONS OF SECTION 5.02(d) OF THE POOLING AND SERVICING
AGREEMENT REFERRED TO HEREIN. ANY PERSON THAT IS A DISQUALIFIED ORGANIZATION IS
PROHIBITED FROM ACQUIRING BENEFICIAL OWNERSHIP OF THIS CLASS R CERTIFICATE.

                                      C-3-2
<PAGE>

                  FIRST FRANKLIN MORTGAGE LOAN TRUST 2004-FF10
                            ASSET-BACKED CERTIFICATES
                            SERIES 2004-FF10, CLASS R

evidencing a beneficial ownership interest in a Trust Fund consisting primarily
of a pool of conventional fixed-rate and adjustable-rate one- to four-family
first lien mortgage loans formed and sold by

                        ASSET BACKED FUNDING CORPORATION

Series 2004-FF10, Class R                      Servicer: Countrywide Home Loans
                                               Servicing LP

Date of Pooling and Servicing Agreement
and Cut-off Date: October 1, 2004              Trustee: JPMorgan Chase Bank

First Distribution Date: November 26, 2004     Closing Date: October 21, 2004

No.

Percentage Interest: 100%

THIS CERTIFICATE DOES NOT REPRESENT AN OBLIGATION OF OR INTEREST IN ASSET BACKED
FUNDING CORPORATION, THE SERVICER, THE TRUSTEE OR ANY OF THEIR AFFILIATES. THIS
CERTIFICATE IS NOT GUARANTEED BY ANY AGENCY OR INSTRUMENTALITY OF THE UNITED
STATES.

          This certifies that _______________________ is the registered owner of
100% Percentage Interest in that certain beneficial ownership interest evidenced
by the Class R Certificate in the Trust Fund created pursuant to a Pooling and
Servicing Agreement, dated as specified above (the "Agreement"), among Asset
Backed Funding Corporation (hereinafter called the "Depositor," which term
includes any successor entity under the Agreement), the Servicer and the
Trustee, a summary of certain of the pertinent provisions of which is set forth
hereafter. To the extent not defined herein, the capitalized terms used herein
have the meanings assigned in the Agreement. This Certificate is issued under
and is subject to the terms, provisions and conditions of the Agreement, to
which Agreement the Holder of this Certificate by virtue of the acceptance
hereof assents and by which such Holder is bound.

          Pursuant to the terms of the Agreement, distributions will be made on
the 25th day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (a "Distribution Date"), commencing on the
first Distribution Date specified above, to the Person in whose name this
Certificate is registered on the last Business Day of the month immediately
preceding the month in which the related Distribution Date occurs (the "Record
Date"), from funds in the Distribution Account in the amount required to be
distributed to the Holder of Class R Certificate on such Distribution Date
pursuant to the Agreement.

          All distributions to the Holder of this Certificate under the
Agreement will be made or caused to be made by or on behalf of the Trustee by
wire transfer in immediately available funds to the account of the Person
entitled thereto if such Person shall have so notified

                                      C-3-3
<PAGE>

the Certificate Registrar in writing at least five Business Days prior to the
Record Date immediately prior to such Distribution Date and is the registered
owner of Class R Certificate, or by check mailed by first class mail to the
address of the Person entitled thereto, as such name and address shall appear on
the Certificate Register, provided that the Certificate Registrar may deduct a
reasonable wire transfer fee from any payment made by wire transfer.
Notwithstanding the above, the final distribution on this Certificate will be
made after due notice by the Trustee of the pendency of such distribution and
only upon presentation and surrender of this Certificate at the office or agency
appointed by the Trustee for that purpose as provided in the Agreement.

          This Certificate is one of a duly authorized issue of Certificates
designated as First Franklin Mortgage Loan Trust 2004-FF10, Asset-Backed
Certificates, of the Series specified on the face hereof (herein called the
"Certificates") and representing the Percentage Interest specified on the face
hereof.

          The Class R Certificate is limited in right of payment to certain
collections and recoveries respecting the Mortgage Loans, all as more
specifically set forth herein and in the Agreement. As provided in the
Agreement, withdrawals from the Collection Accounts and the Distribution Account
may be made from time to time for purposes other than distributions to
Certificateholders, such purposes including reimbursement of advances made, or
certain expenses incurred, with respect to the Mortgage Loans.

          The Agreement permits, with certain exceptions therein provided, the
amendment thereof and the modification of the rights and obligations of the
Depositor, the Servicer, the Trustee and the rights of the Certificateholders
under the Agreement at any time by the Depositor, the Servicer and the Trustee
with the consent of the Holders of Certificates entitled to the Voting Rights
identified in the Agreement. Any such consent by the Holder of this Certificate
shall be conclusive and binding on such Holder and upon all future Holders of
this Certificate and of any Certificate issued upon the transfer hereof or in
exchange herefor or in lieu hereof whether or not notation of such consent is
made upon this Certificate. The Agreement also permits the amendment thereof, in
certain limited circumstances, without the consent of the Holders of any of the
Certificates.

          As provided in the Agreement and subject to certain limitations
therein set forth, the transfer of this Certificate is registrable in the
Certificate Register upon surrender of this Certificate for registration of
transfer at the offices or agencies appointed by the Trustee as provided in the
Agreement, duly endorsed by, or accompanied by an assignment in the form below
or other written instrument of transfer in form satisfactory to the Trustee and
the Certificate Registrar duly executed by, the Holder hereof or such Holder's
attorney duly authorized in writing, and thereupon one or more new Certificates
of the same Class in authorized denominations evidencing the same aggregate
Percentage Interest will be issued to the designated transferee or transferees.

          The Certificates are issuable in fully registered form only without
coupons in Classes and denominations representing Percentage Interests specified
in the Agreement. As provided in the Agreement and subject to certain
limitations therein set forth, Certificates are exchangeable for new
Certificates of the same Class in authorized denominations evidencing the same
aggregate Percentage Interest, as requested by the Holder surrendering the same.

                                      C-3-4
<PAGE>

          No transfer of this Certificate shall be made unless that transfer is
made pursuant to an effective registration statement under the 1933 Act and
effective registration or qualification under applicable state securities laws,
or is made in a transaction that does not require such registration or
qualification. In the event that a transfer is to be made without registration
or qualification, the Certificate Registrar shall require, in order to assure
compliance with such laws, either (i) that the Certificateholder desiring to
effect the transfer and such Certificateholder's prospective transferee each
execute a representation letter in the form described by the Agreement
certifying to the Certificate Registrar the facts surrounding the transfer, or
(ii) unless such transfer is made in reliance upon Rule 144A under the 1933 Act,
that the Depositor and the Certificate Registrar receive an Opinion of Counsel
satisfactory to them that such transfer may be made without such registration or
qualification, which Opinion of Counsel shall not be an expense of the
Depositor, the Trustee or the Certificate Registrar, in their respective
capacities as such. None of the Depositor, the Certificate Registrar or the
Trustee is obligated to register or qualify the Class of Certificates specified
on the face hereof under the 1933 Act or any other securities law or to take any
action not otherwise required under the Agreement to permit the transfer of such
Certificates without registration or qualification. Any such Certificateholder
desiring to effect such transfer shall, and does hereby agree to, indemnify the
Trustee, the Depositor, the Certificate Registrar and any Servicer against any
liability that may result if the transfer is not so exempt or is not made in
accordance with such federal and state laws.

          No transfer of this Certificate or any interest therein may be made to
employee benefit plans and certain other retirement plans and arrangements,
including individual retirement accounts and annuities, Keogh plans and
collective investment funds and separate accounts in which such plans, accounts
or arrangements are invested that are subject to the fiduciary responsibility
provisions of ERISA, Section 4975 of the Code or any materially similar
provisions of applicable federal, state or local law (collectively, "Plans") or
any person who is directly or indirectly purchasing the Certificate or interest
therein on behalf of, as named fiduciary of, as trustee of, or with assets of a
Plan.

          The Holder of this Certificate, by its acceptance hereof, shall be
deemed for all purposes to have consented to the provisions of Section 5.02 of
the Agreement and to any amendment of the Agreement deemed necessary by counsel
of the Depositor to ensure that the transfer of this Certificate to any Person
other than a Permitted Transferee or any other Person will not cause the Trust
to cease to qualify as two separate REMICs or cause the imposition of a tax upon
the Trust.

          No service charge will be made for any such registration of transfer
or exchange of Certificates, but the Certificate Registrar may require payment
of a sum sufficient to cover any tax or other governmental charge that may be
imposed in connection with any transfer or exchange of Certificates.

          The Depositor, the Servicer, the Trustee and the Certificate Registrar
and any agent of the Depositor, the Servicer, the Trustee or the Certificate
Registrar may treat the Person in whose name this Certificate is registered as
the owner hereof for all purposes, and none of the Depositor, the Servicer, the
Trustee, the Certificate Registrar nor any such agent shall be affected by
notice to the contrary.

                                      C-3-5
<PAGE>

          The obligations created by the Agreement and the Trust Fund created
thereby shall terminate upon payment to the Certificateholders of all amounts
held by or on behalf of the Trustee and required to be paid to them pursuant to
the Agreement following the earlier of (i) the final payment or other
liquidation (or any advance with respect thereto) of the last Mortgage Loan
remaining in the Trust Fund, and (ii) the purchase by the party designated in
the Agreement at a price determined as provided in the Agreement from the Trust
Fund of all Mortgage Loans and all property acquired in respect of such Mortgage
Loans. The Agreement permits, but does not require, the party designated in the
Agreement to purchase from the Trust Fund all Mortgage Loans and all property
acquired in respect of any Mortgage Loan at a price determined as provided in
the Agreement. The exercise of such right will effect early retirement of the
Certificates; however, such right to purchase is subject to the aggregate Pool
Balance of the Mortgage Loans at the time of purchase being 10% or less of the
Cut-off Date Aggregate Principal Balance.

          The recitals contained herein shall be taken as statements of the
Depositor and the Trustee assumes no responsibility for their correctness.

          Unless the certificate of authentication hereon has been executed by
the Certificate Registrar, by manual signature, this Certificate shall not be
entitled to any benefit under the Agreement or be valid for any purpose.

                                      C-3-6
<PAGE>

          IN WITNESS WHEREOF, the Trustee has caused this Certificate to be duly
executed.

Dated:


                                             JPMORGAN CHASE BANK, as Trustee


                                             By:
                                                --------------------------------
                                                Authorized Officer

                          CERTIFICATE OF AUTHENTICATION

          This is the one of the Certificates referred to in the
within-mentioned Agreement.

Dated:


                                             JPMORGAN CHASE BANK, as Certificate
                                               Registrar


                                             By:
                                                --------------------------------
                                                Authorized Signatory

                                      C-3-7
<PAGE>

                                  ABBREVIATIONS

          The following abbreviations, when used in the inscription on the face
of this instrument, shall be construed as though they were written out in full
according to applicable laws or regulations:

TEN COM - as tenants in common           UNIF GIFT MIN ACT - Custodian
                                                             ---------
                                                             (Cust) (Minor)
TEN ENT - as tenants by the entireties                       under Uniform Gifts
                                                             to Minors Act
JT TEN  - as joint tenants with right                        ___________________
          of survivorship and not as                               (State)
          tenants in common

          Additional abbreviations may also be used though not in the above
list.

                                   ASSIGNMENT

          FOR VALUE RECEIVED, the undersigned hereby sell(s), assign(s) and
transfer(s) unto _______________________________________________________________
________________________________________________________________________________
(Please print or typewrite name, address including postal zip code, and Taxpayer
Identification Number of assignee)______________________________________________
a Percentage Interest equal to ____% evidenced by the within asset-backed
Certificate and hereby authorize(s) the registration of transfer of such
interest to assignee on the Certificate Register of the Trust Fund.

          I (we) further direct the Certificate Registrar to issue a new
Certificate of a like Percentage Interest and Class to the above named assignee
and deliver such Certificate to the following address:
________________________________________________________________________________

Dated:


                                       -----------------------------------------
                                       Signature by or on behalf of assignor


                                       -----------------------------------------
                                       Signature Guaranteed

                                      C-3-8
<PAGE>

                            DISTRIBUTION INSTRUCTIONS

          The assignee should include the following for purposes of
distribution:

          Distributions shall be made, by wire transfer or otherwise, in
immediately available funds to _________________________________________________
________________________________________________________________________________
for the account of _______________________________, account number_____________,
or, if mailed by check, to______________________________________________________
Applicable statements should be mailed to_______________________________________
This information is provided by________________________________________________,
the assignee named above, or __________________________________, as its agent.

                                      C-3-9
<PAGE>

                                    EXHIBIT D

                             MORTGAGE LOAN SCHEDULE

                                      D-1-1

<PAGE>

Number of Loans                 6911
Balance             1,394,878,770.49
WACC                           6.822%
WAM                           357.42

<TABLE>
<CAPTION>
                                                          PROPERTY                    ORIGINAL ORIGINATION  FIRST PAY   MATURITY
  LOANID              CITY                 ZIP    STATE     TYPE       OCCUPANCY        TERM      DATE        DATE        DATE
--------------------------------------------------------------------------------------------------------------------------------
<S>           <C>                         <C>       <C>   <C>        <C>                <C>     <C>         <C>         <C>
35143916      JONESBORO                   30238     GA       PUD     Owner Occupied     360      8/3/2004    9/1/2004   8/1/2034
4000163830    HUNTINGTON STATION          11746     NY       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
35110832      GRAPEVINE                   76051     TX       PUD     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34660803      SAINT LOUIS                 63146     MO       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34272096      CLEVELAND                   77328     TX       PUD     Owner Occupied     360     6/28/2004    8/1/2004   7/1/2034
34970764      MADISON                     47250     IN       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
4000150239    NORFOLK                     23513     VA       SFR     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
35113471      DALLAS                      75287     TX       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35036300      BLOOMINGTON                 92316     CA       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
4000174594    MONROE                      98272     WA       PUD     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35148261      NEWNAN                      30263     GA       PUD     Owner Occupied     360      8/3/2004    9/1/2004   8/1/2034
34700815      MIAMI                       33147     FL       SFR        Investor        360      8/5/2004    9/1/2004   8/1/2034
4000151052    BRIARWOOD                   11432     NY    Units 2-4  Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34894147      PORT ST LUCIE               34952     FL       PUD     Owner Occupied     360      8/2/2004    9/1/2004   8/1/2034
35191691      BALDWIN PARK                91706     CA       PUD     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
4000169283    PORTLAND                     4103     ME       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
4000168805    HOMESTEAD                   33032     FL       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
34831479      DERRY                        3038     NH    Units 2-4  Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
35303460      LAS VEGAS                   89139     NV       PUD     Owner Occupied     360     8/14/2004   10/1/2004   9/1/2034
4000164292    MARYSVILLE                  48040     MI      Condo    Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
4000166129    SANTA ROSA BEACH            32459     FL       SFR       Second Home      360      8/6/2004   10/1/2004   9/1/2034
34867812      RICHMOND HILL               11418     NY       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
4000169523    HAYWARD                     94544     CA       PUD     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
34933556      MEDFORD                     97504     OR       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35028943      LOS ANGELES                 90011     CA       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
34715516      POMONA                      91768     CA       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35113109      EL PASO                     79936     TX       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
35283738      LITTLE FALLS                 7424     NJ       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34782144      CHULA VISTA                 91915     CA       PUD     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
4000170188    FREEPORT                    11520     NY       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34963447      APOLIO                      15613     PA       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
35072636      HENDERSON                   27537     NC       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
35111525      ALLEN                       75013     TX       PUD     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34524512      SPRINGFIELD                 65803     MO       SFR     Owner Occupied     360      8/6/2004    9/1/2004   8/1/2034
34649301      EUREKA                      63025     MO       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
4000161676    RENTON                      98058     WA       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
34755173      MANASSAS                    20109     VA       PUD     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
34953224      FONTANA                     92335     CA       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
4000163235    DETROIT                     48221     MI       SFR     Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
34526780      KANSAS CITY                 64133     MO       PUD     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
4000166329    DALLAS                      75203     TX       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
4000166723    BRIGHTON                    48114     MI       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
35231307      ATLANTIC BEACH              32233     FL       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35247923      HOUSTON                     77057     TX      Condo    Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000173593    APPLE VALLEY                92307     CA       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34660621      SAINT LOUIS                 63135     MO       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35083112      XENIA                       45385     OH       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35265859      GILBERT                     85296     AZ       PUD        Investor        360     8/17/2004   10/1/2004   9/1/2034
35265867      GILBERT                     85296     AZ       PUD        Investor        360     8/18/2004   10/1/2004   9/1/2034
35265883      GILBERT                     85296     AZ       PUD        Investor        360     8/17/2004   10/1/2004   9/1/2034
33797721      LAKEPORT                    95453     CA       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
34033621      PAWTUCKET                    2860     RI    Units 2-4  Owner Occupied     360     5/28/2004    7/1/2004   6/1/2034
34981118      NEW CARLISLE                45344     OH       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
35231125      TALLAHASSEE                 32303     FL       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
4000168481    SAN JOSE                    95131     CA       PUD     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
34645580      RACINE                      53403     WI       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
34947903      HESPERIA                    92345     CA       PUD     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
33593021      KATY                        77450     TX       PUD     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
34699538      MIAMI BEACH                 33139     FL    Condo >4      Investor        360      8/2/2004    9/1/2004   8/1/2034
4000169146    LAUDERDALE LAKES            33319     FL       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
35207968      ALPINE                      91901     CA       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
34379032      HAMBURG                      7419     NJ      Condo    Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35193127      MOUNTAIN CENTER             92561     CA       PUD     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
35306448      SPARKS                      89431     NV       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34718775      CORONA                      92881     CA       SFR     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
34708107      VICTORVILLE                 92392     CA       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
35032309      BAKERSFIELD                 93314     CA       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
35189034      (LONG BEACH AREA) CARSON    90810     CA       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
4000166522    VISALIA                     93292     CA       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
35016302      DENVER                      80219     CO       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35135094      ELGIN                       60120     IL       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35229822      NAPLES                      34116     FL       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
33830902      RANCHO CUCAMONGA            91701     CA      Condo    Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
35382449      TUCSON                      85745     AZ       PUD     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34717389      MORENO VALLEY               92553     CA       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
34961060      HAWTHORNE AREA              90250     CA       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
35124270      MELROSE PARK                60160     IL       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
4000170211    BAKERSFIELD                 93304     CA       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
4000169766    DALY CITY                   94015     CA       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
4000167843    LOWELL                       1850     MA       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
34823518      CENTER HARBOR                3226     NH       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
35190305      LAGUNA NIGUEL               92677     CA       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35284090      JERSEY CITY                  7306     NJ    Units 2-4  Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
4000166117    MASTIC BEACH                11951     NY       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
35227768      JACKSONVILLE                32246     FL       PUD     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
35153279      REX                         30273     GA       PUD     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
34237776      GILBERT                     85233     AZ       PUD     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
4000168759    LAS VEGAS                   89142     NV       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
4000171727    BRENTWOOD                   94513     CA       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
34721373      RANCHO CUCAMONGA            91730     CA       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
4000167769    MADERA                      93638     CA       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
34237156      GOODYEAR                    85336     AZ       PUD     Owner Occupied     360     7/20/2004    9/1/2004   8/1/2034
35035856      DIAMOND BAR                 91765     CA       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
4000171204    ROCHESTER HILLS             48309     MI       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
34110742      LA HABRA                    90631     CA      Condo    Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
34477224      HUNTINGTON PARK             90255     CA       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
35245547      KATY                        77449     TX       PUD     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
4000174016    AMERICAN CANYON             94503     CA       PUD     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
4000166208    SEATTLE                     98146     WA       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34718247      CHINO HILLS                 91709     CA       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
35231281      WINTER HAVEN                33880     FL       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
4000167390    MONROE                      98272     WA       PUD     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35402528      WINDER                      30680     GA       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34954370      LA PUENTE AREA              91744     CA       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034

<CAPTION>
                                                                                      ORIGINAL
                                                                                      COMBAINED
              REMAINING     ORIGINAL   SCHEDULED                       PAID THRU       LOAN TO      OTS
  LOANID        TERM        BALANCE     BALANCE      RATE      P&I        DATE          VALUE   DELINQUENCY INDEX       MARGIN
------------------------------------------------------------------------------------------------------------------------------
<S>              <C>      <C>         <C>           <C>     <C>        <C>              <C>        <C>       <C>        <C>
35143916         358      193,280.00  193,280.00        6      966.4    9/1/2004           80      0-29      6ML        4.125
4000163830       359      256,500.00  256,314.35    7.625   1,815.49   10/1/2004           90      0-29      6ML        5.875
35110832         359      176,300.00  176,124.49        6   1,057.01   10/1/2004        79.99      0-29      6ML            4
34660803         359      400,000.00  400,000.00     7.75   2,583.33   10/1/2004        99.26      0-29      6ML        5.625
34272096         357       75,200.00   75,043.70    7.875     545.26    9/1/2004           80      0-29      FIX            0
34970764         359       71,900.00   71,846.64      7.5     502.74   10/1/2004          100      0-29      6ML        6.125
4000150239       358      104,000.00  104,000.00     6.75        585   10/1/2004           80      0-29      6ML        4.375
35113471         359      196,500.00  196,334.91    6.875   1,290.87   10/1/2004        88.91      0-29      6ML         5.75
35036300         359      221,000.00  220,840.04    7.625   1,564.23   10/1/2004           85      0-29      6ML            6
4000174594       359      168,000.00  168,000.00        6        840   10/1/2004           80      0-29      6ML        4.125
35148261         358      183,120.00  182,840.45    7.375   1,264.77    9/1/2004           80      0-29      6ML         5.75
34700815         358       82,800.00   82,685.66    7.875     600.36    9/1/2004           90      0-29      6ML         5.75
4000151052       359      494,000.00  494,000.00     6.75   2,778.75   10/1/2004           95      0-29      6ML         5.25
34894147         358      210,300.00  210,300.00    7.125   1,248.66    9/1/2004        79.99      0-29      6ML         5.25
35191691         359      224,000.00  224,000.00    5.875   1,096.67   10/1/2004           80      0-29      6ML          3.5
4000169283       359      148,800.00  148,697.60    7.875   1,078.90   10/1/2004        79.57      0-29      6ML          5.5
4000168805       359      136,000.00  136,000.00      6.5     736.67   10/1/2004           80      0-29      6ML        4.375
34831479         359      245,600.00  245,331.17      5.5   1,394.50   10/1/2004           80      0-29      6ML        3.875
35303460         359      436,750.00  436,345.47    6.375   2,724.76   10/1/2004        69.88      0-29      6ML        4.125
4000164292       359       98,950.00   98,856.90    6.875     650.03   10/1/2004        79.99      0-29      6ML         4.75
4000166129       359      391,500.00  391,500.00     7.75   2,528.44   10/1/2004           90      0-29      6ML            6
34867812         359      330,600.00  330,286.31     6.25   2,035.57   10/1/2004           95      0-29      6ML         5.25
4000169523       359      288,000.00  288,000.00    5.375   1,290.00   10/1/2004           80      0-29      6ML          3.5
34933556         359      174,400.00  174,390.17    6.125     890.17   10/1/2004           80      0-29      6ML         4.25
35028943         359      225,000.00  224,806.28     6.75   1,459.35   10/1/2004           90      0-29      FIX            0
34715516         359      260,000.00  260,000.00    5.875   1,272.92   10/1/2004           80      0-29      6ML        3.875
35113109         359       75,000.00   74,936.99    6.875      492.7   10/1/2004        80.65      0-29      6ML          4.5
35283738         359      299,250.00  299,250.00      6.5   1,620.94   10/1/2004           95      0-29      6ML            5
34782144         359      452,000.00  452,000.00     5.99   2,256.23   10/1/2004           80      0-29      6ML         3.75
4000170188       359      242,250.00  242,041.43     6.75   1,571.23   10/1/2004           95      0-29      6ML        5.375
34963447         359       52,700.00   52,671.15     8.99     423.66   10/1/2004           85      0-29      FIX            0
35072636         359       60,800.00   60,800.00    7.375     373.67   10/1/2004           80      0-29      6ML            5
35111525         359      308,050.00  307,858.52    8.375   2,341.41   10/1/2004          100      0-29      6ML        6.625
34524512         358      104,405.00  104,196.55     6.75     677.17    9/1/2004           95      0-29      FIX            0
34649301         359       74,800.00   74,751.07    8.125     555.39   10/1/2004           85      0-29      6ML         6.75
4000161676       359      168,800.00  168,800.00    6.625     931.92   10/1/2004           80      0-29      6ML        4.875
34755173         359      210,000.00  209,836.17     7.25   1,432.58   10/1/2004        79.85      0-29      6ML         4.75
34953224         359      195,000.00  194,836.17    6.875   1,281.02   10/1/2004           65      0-29      6ML        4.875
4000163235       358      159,800.00  159,710.41    8.875   1,271.44    9/1/2004           85      0-29      6ML        6.875
34526780         359      216,000.00  215,804.73      6.5   1,365.27   10/1/2004           80      0-29      FIX            0
4000166329       359       56,350.00   56,308.18      7.5     394.01   10/1/2004        61.92      0-29      FIX            0
4000166723       359      124,000.00  123,907.97      7.5     867.03   10/1/2004           80      0-29      6ML         5.25
35231307         359      133,200.00  133,200.00    7.375     818.63   10/1/2004           90      0-29      6ML        5.625
35247923         359       71,500.00   71,450.79    7.875     518.43   10/1/2004           65      0-29      FIX            0
4000173593       359      138,500.00  138,402.25     7.75     992.23   10/1/2004        94.86      0-29      FIX            0
34660621         359       82,900.00   82,845.76    8.125     615.54   10/1/2004          100      0-29      6ML            6
35083112         359      107,000.00  106,945.96    9.375     889.98   10/1/2004          100      0-29      FIX            0
35265859         359      143,100.00  143,100.00    5.875     700.59   10/1/2004           90      0-29      6ML        4.375
35265867         359      143,000.00  143,000.00    5.875      700.1   10/1/2004        89.99      0-29      6ML        4.375
35265883         359      141,300.00  141,300.00    5.875     691.78   10/1/2004           90      0-29      6ML        4.375
33797721         359      244,150.00  244,150.00      6.5   1,322.48   10/1/2004           95      0-29      6ML            5
34033621         356      216,500.00  216,500.00     6.25   1,127.60    9/1/2004        79.98      0-29      6ML        4.375
34981118         359      109,000.00  109,000.00        7     635.83   10/1/2004        94.78      0-29      6ML          5.5
35231125         359       99,200.00   99,200.00    6.125     506.33   10/1/2004           80      0-29      6ML         4.25
4000168481       359      384,000.00  384,000.00    5.625   1,800.00   10/1/2004           80      0-29      6ML         3.75
34645580         359       94,000.00   94,000.00    6.125     479.79   10/1/2004        77.05      0-29      6ML        3.625
34947903         359      132,000.00  132,000.00    6.875     756.25   10/1/2004           80      0-29      6ML            5
33593021         359      520,000.00  519,457.09     5.75   3,034.58   10/1/2004           80      0-29      6ML        4.125
34699538         358      275,200.00  275,200.00      7.5   1,720.00    9/1/2004           80      0-29      6ML        4.125
4000169146       359      137,700.00  137,607.59    7.999   1,010.30   10/1/2004        88.84      0-29      6ML            6
35207968         359      513,600.00  513,600.00      6.5   2,782.00   10/1/2004           80      0-29      6ML        4.625
34379032         359      201,600.00  201,600.00     7.25   1,218.00   10/1/2004           80      0-29      6ML            5
35193127         359      398,000.00  398,000.00    6.875   2,280.21   10/1/2004        53.78      0-29      6ML            4
35306448         359      204,900.00  204,900.00     7.99   1,364.29   10/1/2004          100      0-29      6ML        6.375
34718775         359      415,000.00  414,615.62    6.375   2,589.07   10/1/2004        67.48      0-29      6ML         4.25
34708107         359      202,950.00  202,813.82        8   1,489.18   10/1/2004           95      0-29      6ML            5
35032309         359      351,000.00  351,000.00    6.875   2,010.94   10/1/2004           90      0-29      6ML          5.5
35189034         359      205,000.00  204,814.68      6.5   1,295.74   10/1/2004        54.81      0-29      6ML        4.125
4000166522       359      176,000.00  176,000.00    6.375        935   10/1/2004           80      0-29      6ML        4.125
35016302         359      119,080.00  119,080.00    5.375     533.38   10/1/2004           80      0-29      6ML        3.375
35135094         359      166,250.00  166,123.49    7.375   1,148.25   10/1/2004           95      0-29      FIX            0
35229822         359      177,000.00  176,884.21    8.125   1,314.23   10/1/2004          100      0-29      FIX            0
33830902         359      160,000.00  160,000.00    6.625     883.33   10/1/2004           80      0-29      6ML        4.125
35382449         359      118,000.00  118,000.00    7.375     725.21   10/1/2004          100      0-29      6ML         5.75
34717389         359      168,000.00  167,868.94     7.25   1,146.06   10/1/2004           80      0-29      6ML        5.375
34961060         359      389,600.00  389,600.00     5.75   1,866.83   10/1/2004           80      0-29      6ML        3.375
35124270         359      292,000.00  291,736.03      6.5   1,845.64   10/1/2004        90.68      0-29      6ML            5
4000170211       359      112,500.00  112,436.93    8.875      895.1   10/1/2004           90      0-29      6ML        6.875
4000169766       359      550,000.00  550,000.00      7.5   3,437.50   10/1/2004        88.71      0-29      6ML          5.5
4000167843       359      169,600.00  169,600.00    5.625        795   10/1/2004           80      0-29      6ML         4.25
34823518         359      223,900.00  223,900.00    6.875   1,282.76   10/1/2004        79.99      0-29      6ML            5
35190305         359      575,000.00  574,480.18      6.5   3,634.40   10/1/2004        76.16      0-29      6ML          4.5
35284090         359      495,000.00  495,000.00    7.375   3,042.19   10/1/2004           90      0-29      6ML        5.875
4000166117       359      126,000.00  125,915.46        8     924.54   10/1/2004        48.46      0-29      FIX            0
35227768         359      117,600.00  117,600.00    6.875     673.75   10/1/2004           80      0-29      6ML        4.875
35153279         359      127,500.00  127,418.69     8.25     957.87   10/1/2004           85      0-29      6ML        4.375
34237776         359      155,000.00  154,872.95        7   1,031.22   10/1/2004        65.96      0-29      6ML        4.875
4000168759       359      149,600.00  149,600.00    5.875     732.42   10/1/2004           80      0-29      6ML         3.75
4000171727       359      616,650.00  616,650.00     5.75   2,954.78   10/1/2004           80      0-29      6ML         3.75
34721373         359      238,400.00  238,400.00        6   1,192.00   10/1/2004           80      0-29      6ML        4.125
4000167769       359      123,250.00  123,250.00    7.875     808.83   10/1/2004           85      0-29      6ML        5.625
34237156         358      135,000.00  135,000.00     6.75     759.38   10/1/2004        79.99      0-29      6ML        4.875
35035856         359      493,200.00  493,200.00    8.125   3,339.38   10/1/2004           90      0-29      6ML         5.75
4000171204       359      176,250.00  176,250.00      6.5     954.69   10/1/2004        89.99      0-29      6ML        5.125
34110742         359      228,000.00  228,000.00     5.75   1,092.50   10/1/2004           80      0-29      6ML          3.5
34477224         359      210,000.00  210,000.00     6.25   1,093.75   10/1/2004           70      0-29      6ML        4.125
35245547         359       98,136.00   98,053.55    6.875     644.69   10/1/2004          100      0-29      6ML            5
4000174016       359      440,000.00  439,999.67     4.75   1,741.67   10/1/2004           80      0-29      6ML        3.625
4000166208       359      265,500.00  265,500.00      7.5   1,659.37   10/1/2004           90      0-29      6ML        5.625
34718247         359      240,000.00  240,000.00    7.625   1,525.00   10/1/2004        78.95      0-29      6ML         5.25
35231281         359       95,200.00   95,134.48    7.875     690.27   10/1/2004           85      0-29      6ML          6.5
4000167390       359      255,200.00  255,200.00    5.999   1,275.79   10/1/2004           80      0-29      6ML        4.125
35402528         359      122,400.00  122,400.00     5.25      535.5   10/1/2004           80      0-29      6ML        3.375
34954370         359      276,200.00  275,967.96    6.875   1,814.44   10/1/2004        84.98      0-29      FIX            0

<CAPTION>
             INITIAL  PERIODIC                           PREPAYMENT
  LOANID       CAP      CAP       FLOOR    CEILING          TERM                                  PREPAYMENT PENALTY
--------------------------------------------------------------------------------------------------------------------------
<S>             <C>      <C>      <C>       <C>              <C>                             <C>
35143916        3        1            6         12            0                                                       None
4000163830      3        1        7.625     13.625            0                                                       None
35110832        3        1            6         12           36                              6 mo.s interest less 20% obal
34660803        3        1         7.75      13.75           24                                                 2% prepaid
34272096        0        0            0          0            0                                                       None
34970764        3        1          7.5       13.5           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000150239      3        1         6.75      12.75           36                              6 mo.s interest less 20% obal
35113471        3        1        6.875     12.875           36                              6 mo.s interest less 20% obal
35036300        3        1        7.625     13.625           24                              6 mo.s interest less 20% obal
4000174594      3        1            6         12           24                              6 mo.s interest less 20% obal
35148261        3        1        7.375     13.375            0                                                       None
34700815        3        1        7.875     13.875           24                              6 mo.s interest less 20% obal
4000151052      3        1         6.75      12.75            0                                                       None
34894147        3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
35191691        3        1        5.875     11.875           36                              6 mo.s interest less 20% obal
4000169283      3        1        7.875     13.875            0                                                       None
4000168805      3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
34831479        3        1          5.5       11.5           24                              6 mo.s interest less 20% obal
35303460        3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
4000164292      3        1        6.875     12.875           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000166129      3        1         7.75      13.75           24                              6 mo.s interest less 20% obal
34867812        3        1         6.25      12.25            0                                                       None
4000169523      3        1        5.375     11.375           24                              6 mo.s interest less 20% obal
34933556        3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
35028943        0        0            0          0           36                              6 mo.s interest less 20% obal
34715516        3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
35113109        3        1        6.875     12.875            0                                                       None
35283738        3        1          6.5       12.5            0                                                       None
34782144        3        1         5.99      11.99           12                              6 mo.s interest less 20% obal
4000170188      3        1         6.75      12.75            0                                                       None
34963447        0        0            0          0           24                              6 mo.s interest less 20% obal
35072636        3        1        7.375     13.375            0                                                       None
35111525        3        1        8.375     14.375           12                              6 mo.s interest less 20% obal
34524512        0        0            0          0           36                                                 2% prepaid
34649301        3        1        8.125     14.125           24                                                 2% prepaid
4000161676      3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
34755173        3        1         7.25      13.25            0                                                       None
34953224        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
4000163235      3        1        8.875     14.875           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34526780        0        0            0          0           36                                                 2% prepaid
4000166329      0        0            0          0           36                              6 mo.s interest less 20% obal
4000166723      3        1          7.5       13.5           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35231307        3        1        7.375     13.375           24                              6 mo.s interest less 20% obal
35247923        0        0            0          0            0                                                       None
4000173593      0        0            0          0           36                              6 mo.s interest less 20% obal
34660621        3        1        8.125     14.125           24                                                 2% prepaid
35083112        0        0            0          0           36                                                 1% prepaid
35265859        1        1        5.875     11.875           36                              6 mo.s interest less 20% obal
35265867        1        1        5.875     11.875           36                              6 mo.s interest less 20% obal
35265883        1        1        5.875     11.875           36                              6 mo.s interest less 20% obal
33797721        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
34033621        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
34981118        3        1            7         13           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35231125        3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
4000168481      3        1        5.625     11.625           24                              6 mo.s interest less 20% obal
34645580        3        1        6.125     12.125           36                              6 mo.s interest less 20% obal
34947903        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
33593021        3        1         5.75      11.75           24                              6 mo.s interest less 20% obal
34699538        3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
4000169146      3        1        7.999     13.999           24                              6 mo.s interest less 20% obal
35207968        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
34379032        3        1         7.25      13.25            0                                                       None
35193127        3        1        6.875     12.875           36                              6 mo.s interest less 20% obal
35306448        3        1         7.99      13.99           24                              6 mo.s interest less 20% obal
34718775        3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
34708107        3        1            8         14            0                                                       None
35032309        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
35189034        3        1          6.5       12.5           36                              6 mo.s interest less 20% obal
4000166522      3        1        6.375     12.375           12                              6 mo.s interest less 20% obal
35016302        3        1        5.375     11.375           24                              6 mo.s interest less 20% obal
35135094        0        0            0          0            0                                                       None
35229822        0        0            0          0           36                              6 mo.s interest less 20% obal
33830902        3        1        6.625     12.625           12                              6 mo.s interest less 20% obal
35382449        3        1        7.375     13.375           24                              6 mo.s interest less 20% obal
34717389        3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
34961060        3        1         5.75      11.75           24                              6 mo.s interest less 20% obal
35124270        3        1          6.5       12.5           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000170211      3        1        8.875     14.875           24                              6 mo.s interest less 20% obal
4000169766      3        1          7.5       13.5           36                              6 mo.s interest less 20% obal
4000167843      3        1        5.625     11.625           36                              6 mo.s interest less 20% obal
34823518        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
35190305        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
35284090        3        1        7.375     13.375            0                                                       None
4000166117      0        0            0          0            0                                                       None
35227768        3        1        6.875     12.875           36                              6 mo.s interest less 20% obal
35153279        3        1         8.25      14.25            0                                                       None
34237776        3        1            7         13           24                              6 mo.s interest less 20% obal
4000168759      3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
4000171727      3        1         5.75      11.75           24                              6 mo.s interest less 20% obal
34721373        3        1            6         12           36                              6 mo.s interest less 20% obal
4000167769      3        1        7.875     13.875           24                              6 mo.s interest less 20% obal
34237156        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
35035856        3        1        8.125     14.125            0                                                       None
4000171204      3        1          6.5       12.5           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34110742        3        1         5.75      11.75           24                              6 mo.s interest less 20% obal
34477224        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
35245547        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
4000174016      3        1         4.75      10.75           36                              6 mo.s interest less 20% obal
4000166208      3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
34718247        3        1        7.625     13.625           24                              6 mo.s interest less 20% obal
35231281        3        1        7.875     13.875           24                              6 mo.s interest less 20% obal
4000167390      3        1        5.999     11.999           24                              6 mo.s interest less 20% obal
35402528        3        1         5.25      11.25            0                                                       None
34954370        0        0            0          0           36                              6 mo.s interest less 20% obal

<CAPTION>
                                              PAYMENT
              FIRST RATE      RATE RESET       RESET                                  MI
  LOANID      RESET DATE       FREQUENCY     FREQUENCY  PURPOSE   DIV  IO    IOTERM  FLAG
-----------------------------------------------------------------------------------------
<S>           <C>                  <C>            <C>  <C>         <C>  <C>    <C>    <C>
35143916        8/1/2007           6              6    Purchase    N    Y      60     N
4000163830      9/1/2006           6              6    R/T Refi    N    N       0     N
35110832        9/1/2009           6              6    Purchase    N    N       0     N
34660803        9/1/2006           6              6    C/O Refi    N    Y      60     N
34272096      00/00/0000           0              0    C/O Refi    N    N       0     N
34970764        9/1/2006           6              6    Purchase    N    N       0     Y
4000150239      8/1/2009           6              6    Purchase    N    Y      60     N
35113471        9/1/2006           6              6    R/T Refi    N    N       0     Y
35036300        9/1/2006           6              6    C/O Refi    N    N       0     Y
4000174594      9/1/2006           6              6    Purchase    N    Y      60     N
35148261        8/1/2006           6              6    Purchase    N    N       0     N
34700815        8/1/2006           6              6    Purchase    N    N       0     Y
4000151052      9/1/2007           6              6    Purchase    N    Y      60     N
34894147        8/1/2006           6              6    Purchase    N    Y      60     N
35191691        9/1/2009           6              6    Purchase    N    Y      60     N
4000169283      9/1/2006           6              6    C/O Refi    N    N       0     N
4000168805      9/1/2006           6              6    Purchase    N    Y      60     N
34831479        9/1/2006           6              6    Purchase    N    N       0     N
35303460        9/1/2006           6              6    C/O Refi    N    N       0     N
4000164292      9/1/2007           6              6    Purchase    N    N       0     N
4000166129      9/1/2006           6              6    Purchase    N    Y      60     Y
34867812        9/1/2007           6              6    Purchase    N    N       0     N
4000169523      9/1/2006           6              6    Purchase    N    Y      60     N
34933556        9/1/2006           6              6    Purchase    N    Y      60     N
35028943      00/00/0000           0              0    C/O Refi    N    N       0     Y
34715516        9/1/2006           6              6    Purchase    N    Y      60     N
35113109        9/1/2007           6              6    R/T Refi    N    N       0     N
35283738        9/1/2007           6              6    Purchase    N    Y      60     N
34782144        9/1/2007           6              6    Purchase    N    Y      60     N
4000170188      9/1/2007           6              6    Purchase    N    N       0     N
34963447      00/00/0000           0              0    Purchase    N    N       0     Y
35072636        9/1/2009           6              6    Purchase    N    Y      60     N
35111525        9/1/2006           6              6    Purchase    N    N       0     N
34524512      00/00/0000           0              0    Purchase    N    N       0     Y
34649301        9/1/2006           6              6    Purchase    N    N       0     Y
4000161676      9/1/2006           6              6    Purchase    N    Y      60     N
34755173        9/1/2006           6              6    C/O Refi    N    N       0     N
34953224        9/1/2006           6              6    C/O Refi    N    N       0     N
4000163235      8/1/2006           6              6    C/O Refi    N    N       0     Y
34526780      00/00/0000           0              0    Purchase    N    N       0     N
4000166329    00/00/0000           0              0    R/T Refi    N    N       0     N
4000166723      9/1/2006           6              6    Purchase    N    N       0     N
35231307        9/1/2006           6              6    C/O Refi    N    Y      60     Y
35247923      00/00/0000           0              0    C/O Refi    N    N       0     N
4000173593    00/00/0000           0              0    C/O Refi    N    N       0     Y
34660621        9/1/2006           6              6    Purchase    N    N       0     N
35083112      00/00/0000           0              0    R/T Refi    N    N       0     N
35265859        3/1/2005           6              6    Purchase    N    Y      60     Y
35265867        3/1/2005           6              6    Purchase    N    Y      60     Y
35265883        3/1/2005           6              6    Purchase    N    Y      60     Y
33797721        9/1/2006           6              6    C/O Refi    N    Y      60     Y
34033621        6/1/2009           6              6    Purchase    N    Y      60     N
34981118        9/1/2006           6              6    R/T Refi    N    Y      60     N
35231125        9/1/2006           6              6    Purchase    N    Y      60     N
4000168481      9/1/2006           6              6    Purchase    N    Y      60     N
34645580        9/1/2007           6              6    C/O Refi    N    Y      60     N
34947903        9/1/2006           6              6    Purchase    N    Y      60     N
33593021        9/1/2006           6              6    Purchase    N    N       0     N
34699538        8/1/2009           6              6    Purchase    N    Y      60     N
4000169146      9/1/2006           6              6    R/T Refi    N    N       0     N
35207968        9/1/2006           6              6    Purchase    N    Y      60     N
34379032        9/1/2007           6              6    C/O Refi    N    Y      60     N
35193127        9/1/2009           6              6    C/O Refi    N    Y      60     N
35306448        9/1/2006           6              6    Purchase    N    Y      60     N
34718775        9/1/2006           6              6    C/O Refi    N    N       0     N
34708107        9/1/2006           6              6    Purchase    N    N       0     Y
35032309        9/1/2006           6              6    Purchase    N    Y      60     N
35189034        9/1/2009           6              6    C/O Refi    N    N       0     N
4000166522      9/1/2006           6              6    Purchase    N    Y      60     N
35016302        9/1/2006           6              6    Purchase    N    Y      60     N
35135094      00/00/0000           0              0    C/O Refi    N    N       0     N
35229822      00/00/0000           0              0    Purchase    N    N       0     N
33830902        9/1/2006           6              6    Purchase    N    Y      60     N
35382449        9/1/2006           6              6    Purchase    N    Y      60     N
34717389        9/1/2006           6              6    C/O Refi    N    N       0     N
34961060        9/1/2009           6              6    Purchase    N    Y      60     N
35124270        9/1/2006           6              6    C/O Refi    N    N       0     Y
4000170211      9/1/2006           6              6    C/O Refi    N    N       0     Y
4000169766      9/1/2007           6              6    C/O Refi    N    Y      60     N
4000167843      9/1/2006           6              6    Purchase    N    Y      60     N
34823518        9/1/2006           6              6    Purchase    N    Y      60     N
35190305        9/1/2006           6              6    C/O Refi    N    N       0     N
35284090        9/1/2006           6              6    Purchase    N    Y      60     N
4000166117    00/00/0000           0              0    C/O Refi    N    N       0     N
35227768        9/1/2007           6              6    Purchase    N    Y      60     N
35153279        9/1/2006           6              6    Purchase    N    N       0     Y
34237776        9/1/2006           6              6    C/O Refi    N    N       0     N
4000168759      9/1/2006           6              6    Purchase    N    Y      60     N
4000171727      9/1/2006           6              6    Purchase    N    Y      60     N
34721373        9/1/2007           6              6    Purchase    N    Y      60     N
4000167769      9/1/2006           6              6    C/O Refi    N    Y      60     N
34237156        8/1/2006           6              6    Purchase    N    Y      60     N
35035856        9/1/2006           6              6    Purchase    N    Y      60     N
4000171204      9/1/2006           6              6    Purchase    N    Y      60     Y
34110742        9/1/2006           6              6    Purchase    N    Y      60     N
34477224        9/1/2006           6              6    C/O Refi    N    Y      60     N
35245547        9/1/2006           6              6    Purchase    N    N       0     N
4000174016      9/1/2006           6              6    Purchase    N    Y      60     N
4000166208      9/1/2006           6              6    C/O Refi    N    Y      60     N
34718247        9/1/2006           6              6    C/O Refi    N    Y      60     N
35231281        9/1/2006           6              6    Purchase    N    N       0     Y
4000167390      9/1/2006           6              6    Purchase    N    Y      60     N
35402528        9/1/2007           6              6    Purchase    N    Y      60     N
34954370      00/00/0000           0              0    C/O Refi    N    N       0     N
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
                                                          PROPERTY                    ORIGINAL ORIGINATION  FIRST PAY   MATURITY
  LOANID              CITY                 ZIP    STATE     TYPE       OCCUPANCY        TERM      DATE        DATE        DATE
--------------------------------------------------------------------------------------------------------------------------------
<S>           <C>                         <C>       <C>   <C>        <C>                <C>     <C>         <C>         <C>
33593559      HOUSTON                     77013     TX       SFR     Owner Occupied     180     8/20/2004   10/1/2004   9/1/2019
4000171030    WARWICK                      2889     RI       SFR     Owner Occupied     180     8/16/2004   10/1/2004   9/1/2019
4000171993    BELFAIR                     98528     WA       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
34914309      MCDONOUGH                   30253     GA       SFR     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
4000157202    SANTA MARIA                 93454     CA       SFR     Owner Occupied     360     7/12/2004    9/1/2004   8/1/2034
34854075      PEORIA                      61605     IL       SFR     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
4000176305    COLUMBUS                    43204     OH    Units 2-4  Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
4000152200    TRACY                       95377     CA       SFR     Owner Occupied     360     7/26/2004   10/1/2004   9/1/2034
35107044      KELLER                      76248     TX       PUD     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34973792      PITTSBURGH                  15205     PA       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35194075      LOS ANGELES AREA            90022     CA       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
33013467      SOUTH BEND                  46628     IN       SFR     Owner Occupied     360     6/22/2004    8/1/2004   7/1/2034
4000168148    SEATTLE                     98103     WA       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34994707      BROOKLYN CENTER             55429     MN       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34617746      CHICAGO                     60647     IL       SFR     Owner Occupied     360     6/30/2004    9/1/2004   8/1/2034
35204148      SAN DIEGO                   92117     CA       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
4000163457    DEARBORN HEIGHTS            48127     MI       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35034768      MURRIETA                    92562     CA       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
4000175928    CENTRAL FALLS                2863     RI       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35115930      AUSTIN                      78757     TX       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34022939      SPRINGFIELD                  1118     MA       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
4000151359    MERCED                      95340     CA       SFR     Owner Occupied     360     7/27/2004    9/1/2004   8/1/2034
34659664      SIOUX CITY                  51106     IA       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
4000178961    EAST CLEVELAND              44112     OH       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34739524      WEST JORDAN                 84084     UT      Condo    Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
34650648      ALGONA                      50511     IA       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
4000164847    OAKLAND                     94606     CA       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34948315      LAKEWOOD                    90712     CA       SFR     Owner Occupied     360      7/8/2004    9/1/2004   8/1/2034
34973032      PIQUA                       45356     OH       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
4000169046    SPRINGFIELD                 22152     VA       PUD     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
4000171809    PORT SAINT LUCIE            34953     FL       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34932459      PORTLAND                    97213     OR    Units 2-4     Investor        360     7/23/2004    9/1/2004   8/1/2034
4000167799    SACRAMENTO                  95827     CA       SFR     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
35148147      NASHVILLE                   37206     TN       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35203520      SAN DIEGO                   92104     CA       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
4000148951    CLEVELAND                   30528     GA       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
34239343      APACHE JUNCTION             85220     AZ       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
35124122      ROUND LAKE                  60073     IL       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
35268598      DIAMOND BAR                 91765     CA      Condo    Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
4000174210    DEARBORN                    48126     MI       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34757104      LAUREL                      20707     MD       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
34946848      ANAHEIM                     92807     CA       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35151141      DUNLAP                      37327     TN       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
35205335      VICTORVILLE                 92392     CA       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
4000168911    RICHLAND                    49083     MI       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
4000156416    FRASER                      48026     MI       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
35190412      HUNTINGTON BEACH            92648     CA       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35079672      RALEIGH                     27610     NC       PUD     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34276345      HOUSTON                     77055     TX       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
33018714      SHOALS                      47581     IN       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
35269547      CORONA                      92879     CA       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35229962      NEW PORT RICHEY             34652     FL       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35031665      COVINA                      91723     CA       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35188721      ELK GROVE                   95757     CA       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
35063882      ROCK HILL                   29732     SC       SFR     Owner Occupied     360      8/4/2004    9/1/2004   8/1/2034
35245851      BRYAN                       77803     TX       SFR        Investor        360     8/27/2004   10/1/2004   9/1/2034
4000170670    HOMESTEAD                   33030     FL       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
4000166381    HIALEAH                     33010     FL       SFR     Owner Occupied     360      8/4/2004    9/1/2004   8/1/2034
4000162910    LINCOLN PARK                48146     MI       SFR        Investor        360      8/5/2004   10/1/2004   9/1/2034
35190651      LOS ANGELES                 90003     CA       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
34474296      LOS ANGELES                 90022     CA    Units 2-4  Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
4000165734    BAKERSFIELD                 93312     CA       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
4000149501    GILFORD                      3249     NH      Condo       Investor        360      8/5/2004   10/1/2004   9/1/2034
35189869      SAN DIEGO                   92154     CA       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
4000159077    WARREN                      48089     MI       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
34575068      ALBUQUERQUE                 87121     NM       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35267376      VICTORVILLE                 92392     CA       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
35268051      APPLE VALLEY                92308     CA       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35012046      EDGEWATER                   80214     CO       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
35111004      PFLUGERVILLE                78660     TX       PUD     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
35003888      LAMAR                       81052     CO       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
4000173113    BOCA RATON                  33496     FL       PUD     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35282953      ELIZABETH                    7202     NJ    Units 2-4  Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34900662      PARRISH                     34219     FL       PUD     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
34646455      RACINE                      53402     WI       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
35125590      GENEVA                      60134     IL       PUD     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34990333      HIBBING                     55746     MN       SFR        Investor        360      8/2/2004    9/1/2004   8/1/2034
34867580      CARMEL                      10512     NY      Condo    Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
34758946      RESTON                      20191     VA       PUD     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
4000167758    EAST PROVIDENCE              2914     RI       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
35026202      CANYON COUNTRY              91351     CA       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
34997387      BERESFORD                   57004     SD       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35114941      ALLEN                       75002     TX       SFR     Owner Occupied     180     8/25/2004   10/1/2004   9/1/2019
34725200      KEARNS                      84118     UT       SFR     Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
33017302      ZIONSVILLE                  46077     IN       SFR        Investor        360      8/6/2004   10/1/2004   9/1/2034
33017419      YALE                        48097     MI       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
34992537      MINNEAPOLIS                 55406     MN       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34992677      SAINT FRANCIS               55070     MN       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
35072776      RALEIGH                     27609     NC       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35184928      ANAHEIM                     92807     CA       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
35185800      TUSTIN                      92782     CA      Condo    Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
4000168127    VISALIA                     93292     CA       SFR     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
34998930      MINNEAPOLIS                 55407     MN    Units 2-4     Investor        360     8/31/2004   10/1/2004   9/1/2034
34989483      GRAND RAPIDS                55744     MN       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
4000163086    DELANO                      93215     CA       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
4000163128    JESUP                       31545     GA       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
4000164183    KATY                        77450     TX       PUD     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
34833905      PEMBROKE                     2359     MA       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
34990432      MORA                        55051     MN       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
34938597      INDEPENDENCE                97351     OR       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
34939165      CENTRAL POINT               97502     OR       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
35125137      PHOENIX                     60426     IL       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35189133      CARSON                      90745     CA       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35228303      DOTHAN                      36301     AL       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
4000172249    MOUNTLAKE TERRACE           98043     WA       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034

<CAPTION>
                                                                                      ORIGINAL
                                                                                      COMBAINED
              REMAINING     ORIGINAL   SCHEDULED                       PAID THRU       LOAN TO      OTS
  LOANID        TERM        BALANCE     BALANCE      RATE      P&I        DATE          VALUE   DELINQUENCY INDEX       MARGIN
------------------------------------------------------------------------------------------------------------------------------
<S>              <C>      <C>         <C>           <C>     <C>        <C>              <C>        <C>       <C>        <C>
33593559         179       72,000.00   71,772.64     6.99     646.76   10/1/2004         76.6      0-29      FIX            0
4000171030       179      117,000.00  116,661.89        8   1,118.11   10/1/2004        57.07      0-29      FIX            0
4000171993       359      312,075.00  311,812.82    6.875   2,050.11   10/1/2004           95      0-29      6ML          5.5
34914309         358      108,800.00  108,800.00    7.125        646    9/1/2004           80      0-29      6ML         4.75
4000157202       358      279,900.00  279,900.00    5.875   1,370.34    9/1/2004        79.99      0-29      6ML        3.875
34854075         359       61,750.00   61,705.30    7.625     437.07   10/1/2004           95      0-29      6ML            6
4000176305       359       92,800.00   92,800.00    6.375        493   10/1/2004           80      0-29      6ML         3.75
4000152200       359      404,000.00  404,000.00    5.625   1,893.75   10/1/2004           80      0-29      6ML         3.75
35107044         359      374,000.00  373,692.82     6.99   2,485.73   10/1/2004           85      0-29      6ML        5.625
34973792         359      209,000.00  208,879.75     8.75   1,644.21   10/1/2004           95      0-29      6ML         4.75
35194075         359      264,000.00  263,778.20    6.875   1,734.30   10/1/2004           80      0-29      6ML         4.25
33013467         357      226,000.00  225,427.12    6.875   1,484.66    9/1/2004        91.72      0-29      6ML         5.25
4000168148       359      512,000.00  512,000.00     6.75   2,880.00   10/1/2004           80      0-29      6ML            4
34994707         359      350,000.00  350,000.00    7.625   2,223.96   10/1/2004          100      0-29      6ML        5.625
34617746         358      250,000.00  249,557.64    6.625   1,600.78    9/1/2004        89.29      0-29      6ML        5.625
35204148         359      390,000.00  390,000.00    6.375   2,071.88   10/1/2004           80      0-29      6ML        4.125
4000163457       359      163,400.00  163,400.00    6.625      902.1   10/1/2004           95      0-29      6ML        5.125
35034768         359      404,910.00  404,910.00        7   2,361.98   10/1/2004           90      0-29      6ML         5.25
4000175928       359      162,500.00  162,390.95    7.999   1,192.25   10/1/2004        89.78      0-29      6ML         6.75
35115930         359      147,100.00  147,006.19     8.25   1,105.12   10/1/2004          100      0-29      FIX            0
34022939         359       91,800.00   91,800.00    8.625     659.81   10/1/2004           90      0-29      6ML        6.625
4000151359       358      136,000.00  136,000.00    5.375     609.17    9/1/2004           80      0-29      6ML        3.375
34659664         359       30,000.00   29,978.82     7.75     214.93   10/1/2004        46.15      0-29      FIX            0
4000178961       359       75,000.00   74,953.39    8.375     570.05   10/1/2004          100      0-29      FIX            0
34739524         359      106,400.00  106,400.00     6.25     554.17   10/1/2004           80      0-29      6ML        3.625
34650648         359       61,600.00   61,556.52     7.75     441.31   10/1/2004           80      0-29      6ML        5.125
4000164847       359      368,600.00  368,600.00    6.999   2,149.86   10/1/2004           95      0-29      6ML         5.25
34948315         358      384,000.00  384,000.00     5.75   1,840.00    9/1/2004           80      0-29      6ML        3.625
34973032         359      139,500.00  139,415.49      8.5   1,072.64   10/1/2004           90      0-29      6ML        4.875
4000169046       359      232,000.00  232,000.00    5.375   1,039.17   10/1/2004           80      0-29      6ML            4
4000171809       359      156,750.00  156,636.55    7.625   1,109.47   10/1/2004           95      0-29      6ML          6.5
34932459         358      143,800.00  143,534.27     6.75     932.69    9/1/2004        79.98      0-29      FIX            0
4000167799       359      197,600.00  197,600.00      5.5     905.67   10/1/2004           80      0-29      6ML        3.625
35148147         359      133,600.00  133,600.00     7.25     807.17   10/1/2004           80      0-29      6ML        5.375
35203520         359      185,000.00  184,828.65    6.375   1,154.16   10/1/2004        23.48      0-29      6ML        4.875
4000148951       359      100,000.00  100,000.00      6.5     541.67   10/1/2004        75.76      0-29      6ML        4.375
34239343         359      126,450.00  126,450.00     7.75     816.66   10/1/2004           90      0-29      6ML            6
35124122         359       90,000.00   89,933.20      7.5      629.3   10/1/2004        63.83      0-29      6ML         4.75
35268598         359      251,200.00  251,200.00     5.25   1,099.00   10/1/2004           80      0-29      6ML         4.25
4000174210       359      112,000.00  111,928.58     8.25     841.42   10/1/2004           80      0-29      6ML        4.375
34757104         359      235,600.00  235,487.13    9.625   2,002.58   10/1/2004           95      0-29      6ML        6.125
34946848         359      420,000.00  420,000.00    5.625   1,968.75   10/1/2004           80      0-29      6ML        3.375
35151141         359       60,800.00   60,762.20    8.375     462.13   10/1/2004           80      0-29      6ML         6.25
35205335         359      193,500.00  193,499.86     7.75   1,249.69   10/1/2004           90      0-29      6ML         5.75
4000168911       359      313,500.00  313,328.76        9   2,522.49   10/1/2004          100      0-29      6ML        6.125
4000156416       359      176,000.00  176,000.00     5.75     843.33   10/1/2004           80      0-29      6ML        4.125
35190412         359      593,000.00  593,000.00      7.5   3,706.25   10/1/2004        71.88      0-29      6ML        5.375
35079672         359      130,400.00  130,400.00    6.375     692.75   10/1/2004           80      0-29      6ML         3.75
34276345         359       90,400.00   90,349.31    8.875     719.27   10/1/2004           80      0-29      FIX            0
33018714         359       56,050.00   56,002.91    6.875     368.21   10/1/2004           95      0-29      6ML          5.5
35269547         359      227,000.00  226,779.37    6.125   1,379.28   10/1/2004        54.31      0-29      FIX            0
35229962         359       83,700.00   83,647.97    8.375     636.19   10/1/2004           90      0-29      6ML         5.25
35031665         359      200,000.00  200,000.00      5.5     916.67   10/1/2004           80      0-29      6ML        3.625
35188721         359      299,300.00  299,300.00     6.25   1,558.85   10/1/2004           80      0-29      6ML          4.5
35063882         358      222,400.00  222,345.56    5.875   1,088.83    9/1/2004           80      0-29      6ML            4
35245851         359       50,800.00   50,765.84     7.99      372.4   10/1/2004           80      0-29      6ML        5.625
4000170670       359      272,000.00  272,000.00     6.75   1,530.00   10/1/2004           80      0-29      6ML        5.125
4000166381       358      206,600.00  206,600.00      7.5   1,291.25    9/1/2004        94.99      0-29      6ML            6
4000162910       359      104,850.00  104,850.00     8.75     764.53   10/1/2004           90      0-29      6ML        6.375
35190651         359      231,200.00  231,200.00    6.875   1,324.58   10/1/2004           80      0-29      6ML        4.625
34474296         359      380,000.00  380,000.00        7   2,216.67   10/1/2004          100      0-29      6ML        5.125
4000165734       359      186,950.00  186,950.00     6.75   1,051.59   10/1/2004        94.98      0-29      6ML        5.375
4000149501       359      160,000.00  159,820.72    5.375     895.95   10/1/2004           80      0-29      6ML        3.375
35189869         359      400,500.00  400,129.06    6.375   2,498.60   10/1/2004           90      0-29      6ML         4.75
4000159077       359      135,000.00  135,000.00      7.5     843.75   10/1/2004        81.82      0-29      6ML        5.375
34575068         359       84,000.00   84,000.00      7.5        525   10/1/2004         86.6      0-29      6ML         4.25
35267376         359      183,000.00  182,860.75    7.375   1,263.94   10/1/2004        79.57      0-29      6ML         5.25
35268051         359      194,000.00  194,000.00    5.875     949.79   10/1/2004        88.18      0-29      6ML          4.5
35012046         359      151,920.00  151,920.00    6.375     807.08   10/1/2004           80      0-29      6ML          4.5
35111004         359       98,100.00   98,027.20      7.5     685.93   10/1/2004           90      0-29      6ML         5.75
35003888         359      121,500.00  121,416.38    7.875     880.96   10/1/2004           90      0-29      6ML        5.875
4000173113       359      232,500.00  232,500.00      7.5   1,453.13   10/1/2004           93      0-29      6ML        5.875
35282953         359      335,000.00  335,000.00     7.25   2,023.96   10/1/2004          100      0-29      6ML        5.875
34900662         359      220,650.00  220,650.00    6.625   1,218.17   10/1/2004        89.99      0-29      6ML         5.25
34646455         359       95,400.00   95,345.11     8.75     750.52   10/1/2004           90      0-29      6ML         6.75
35125590         359      171,000.00  170,885.03     7.99   1,253.55   10/1/2004          100      0-29      6ML         6.25
34990333         358       33,550.00   33,490.62    6.625     214.83    9/1/2004        84.94      0-29      6ML        4.375
34867580         359      280,000.00  280,000.00     6.75   1,575.00   10/1/2004        94.92      0-29      6ML        5.125
34758946         359      216,000.00  216,000.00    5.875   1,057.50   10/1/2004           80      0-29      6ML            4
4000167758       359      176,000.00  175,884.87    8.125   1,306.80   10/1/2004           80      0-29      FIX            0
35026202         359      365,600.00  365,600.00    5.875   1,789.92   10/1/2004           80      0-29      6ML            4
34997387         359       86,000.00   85,942.29        8     631.04   10/1/2004          100      0-29      6ML        6.625
35114941         179       60,000.00   59,828.52    8.125     577.73   10/1/2004        43.17      0-29      FIX            0
34725200         358      105,600.00  105,373.67    5.625      607.9    9/1/2004           80      0-29      6ML        3.625
33017302         359       97,750.00   97,681.00     7.75      700.3   10/1/2004           85      0-29      6ML        5.375
33017419         359      150,450.00  150,343.81     7.75   1,077.85   10/1/2004           85      0-29      6ML        6.375
34992537         359      145,800.00  145,664.95    6.375     909.61   10/1/2004        87.31      0-29      6ML        5.375
34992677         359      211,500.00  211,499.99      5.5     969.38   10/1/2004        79.99      0-29      6ML            4
35072776         359      143,200.00  143,200.00      7.5        895   10/1/2004           80      0-29      6ML        5.125
35184928         359      551,200.00  551,200.00     5.25   2,411.50   10/1/2004           80      0-29      6ML          3.5
35185800         359      405,000.00  405,000.00    8.375   2,826.56   10/1/2004           90      0-29      6ML        6.125
4000168127       358      223,950.00  223,950.00    6.375   1,189.73   10/1/2004           80      0-29      6ML        4.625
34998930         359      230,350.00  230,350.00    7.625   1,463.68   10/1/2004           85      0-29      6ML            5
34989483         359       50,000.00   50,000.00      7.5      312.5   10/1/2004        44.64      0-29      6ML         5.25
4000163086       359       82,000.00   81,916.40    5.875     485.06   10/1/2004        53.95      0-29      6ML          3.5
4000163128       359       43,650.00   43,623.56      8.5     335.63   10/1/2004           90      0-29      FIX            0
4000164183       359       74,400.00   74,400.00    6.125     379.75   10/1/2004           80      0-29      6ML        4.125
34833905         359      176,800.00  176,800.00    6.875   1,012.92   11/1/2004           80      0-29      6ML            5
34990432         359      166,250.00  166,092.25     6.25   1,023.64   10/1/2004           95      0-29      6ML        5.375
34938597         359      133,000.00  133,000.00     6.25     692.71   10/1/2004           80      0-29      6ML        4.125
34939165         359      152,000.00  152,000.00      6.5     823.33   10/1/2004           80      0-29      6ML        4.125
35125137         359       92,000.00   91,936.68    7.875     667.07   10/1/2004          100      0-29      6ML        5.875
35189133         359      376,000.00  376,000.00    6.125   1,919.17   10/1/2004           80      0-29      6ML         3.75
35228303         359      128,000.00  128,000.00    6.375        680   10/1/2004           80      0-29      6ML         4.75
4000172249       359      160,000.00  160,000.00     6.25     833.33   10/1/2004           80      0-29      6ML            4

<CAPTION>
             INITIAL  PERIODIC                           PREPAYMENT
  LOANID       CAP      CAP       FLOOR    CEILING          TERM                                PREPAYMENT PENALTY
--------------------------------------------------------------------------------------------------------------------------
<S>             <C>      <C>      <C>       <C>              <C>                        <C>
33593559        0        0            0          0            0                                                       None
4000171030      0        0            0          0           12                                                 2% prepaid
4000171993      3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
34914309        3        1        7.125     13.125            0                                                       None
4000157202      3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
34854075        3        1        7.625     13.625           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000176305      3        1        6.375     12.375           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000152200      3        1        5.625     11.625           24                              6 mo.s interest less 20% obal
35107044        3        1         6.99      12.99           12                              6 mo.s interest less 20% obal
34973792        3        1         8.75      14.75            0                                                       None
35194075        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
33013467        3        1        6.875     12.875           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000168148      3        1         6.75      12.75            0                                                       None
34994707        3        1        7.625     13.625           36                         min (2% prepaid, 60 days interest)
34617746        3        1        6.625     12.625           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35204148        3        1        6.375     12.375           36                              6 mo.s interest less 20% obal
4000163457      3        1        6.625     12.625           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35034768        3        1            7         13           12                              6 mo.s interest less 20% obal
4000175928      2        1        7.999     13.999           24                              6 mo.s interest less 20% obal
35115930        0        0            0          0           36                              6 mo.s interest less 20% obal
34022939        3        1        8.625     14.625           24                              6 mo.s interest less 20% obal
4000151359      3        1        5.375     11.375           24                              6 mo.s interest less 20% obal
34659664        0        0            0          0            0                                                       None
4000178961      0        0            0          0           36                                                 1% prepaid
34739524        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
34650648        3        1         7.75      13.75           24                              6 mo.s interest less 20% obal
4000164847      3        1        6.999     12.999           24                              6 mo.s interest less 20% obal
34948315        3        1         5.75      11.75           24                              6 mo.s interest less 20% obal
34973032        3        1          8.5       14.5           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000169046      3        1        5.375     11.375           36                              6 mo.s interest less 20% obal
4000171809      3        1        7.625     13.625           24                              6 mo.s interest less 20% obal
34932459        0        0            0          0           36                              6 mo.s interest less 20% obal
4000167799      3        1          5.5       11.5           24                              6 mo.s interest less 20% obal
35148147        3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
35203520        3        1        6.375     12.375           36                              6 mo.s interest less 20% obal
4000148951      3        1          6.5       12.5            0                                                       None
34239343        3        1         7.75      13.75           24                              6 mo.s interest less 20% obal
35124122        3        1          7.5       13.5           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35268598        1        1         5.25      11.25           36                              6 mo.s interest less 20% obal
4000174210      3        1         8.25      14.25           12                              3%/2%/1%-1st yr/2nd yr/3rd yr
34757104        3        1        9.625     15.625           24                              6 mo.s interest less 20% obal
34946848        3        1        5.625     11.625           24                              6 mo.s interest less 20% obal
35151141        3        1        8.375     14.375           24                              6 mo.s interest less 20% obal
35205335        3        1         7.75      13.75           24                              6 mo.s interest less 20% obal
4000168911      3        1            9         15           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000156416      3        1         5.75      11.75           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35190412        3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
35079672        3        1        6.375     12.375            0                                                       None
34276345        0        0            0          0            0                                                       None
33018714        3        1        6.875     12.875           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35269547        0        0            0          0           36                              6 mo.s interest less 20% obal
35229962        3        1        8.375     14.375           24                              6 mo.s interest less 20% obal
35031665        3        1          5.5       11.5           36                              6 mo.s interest less 20% obal
35188721        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
35063882        3        1        5.875     11.875            0                                                       None
35245851        3        1         7.99      13.99           36                              6 mo.s interest less 20% obal
4000170670      3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
4000166381      3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
4000162910      3        1         8.75      14.75           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35190651        3        1        6.875     12.875           36                              6 mo.s interest less 20% obal
34474296        3        1            7         13           36                              6 mo.s interest less 20% obal
4000165734      3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
4000149501      3        1        5.375     11.375           24                              6 mo.s interest less 20% obal
35189869        3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
4000159077      3        1          7.5       13.5           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34575068        3        1          7.5       13.5            0                                                       None
35267376        3        1        7.375     13.375           24                              6 mo.s interest less 20% obal
35268051        3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
35012046        3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
35111004        3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
35003888        3        1        7.875     13.875           24                              6 mo.s interest less 20% obal
4000173113      3        1          7.5       13.5            0                                                       None
35282953        3        1         7.25      13.25            0                                                       None
34900662        3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
34646455        3        1         8.75      14.75           24                              6 mo.s interest less 20% obal
35125590        3        1         7.99      13.99           12                              3%/2%/1%-1st yr/2nd yr/3rd yr
34990333        3        1        6.625     12.625           36                         min (2% prepaid, 60 days interest)
34867580        3        1         6.75      12.75            0                                                       None
34758946        3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
4000167758      0        0            0          0           12                                                 2% prepaid
35026202        3        1        5.875     11.875           36                              6 mo.s interest less 20% obal
34997387        3        1            8         14           24                              6 mo.s interest less 20% obal
35114941        0        0            0          0            0                                                       None
34725200        3        1        5.625     11.625           36                              6 mo.s interest less 20% obal
33017302        3        1         7.75      13.75           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
33017419        3        1         7.75      13.75           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34992537        3        1        6.375     12.375           36                         min (2% prepaid, 60 days interest)
34992677        3        1          5.5       11.5           36                         min (2% prepaid, 60 days interest)
35072776        3        1          7.5       13.5            0                                                       None
35184928        3        1         5.25      11.25           24                              6 mo.s interest less 20% obal
35185800        3        1        8.375     14.375           24                              6 mo.s interest less 20% obal
4000168127      3        1        6.375     12.375           36                              6 mo.s interest less 20% obal
34998930        3        1        7.625     13.625           24                         min (2% prepaid, 60 days interest)
34989483        3        1          7.5       13.5           36                         min (2% prepaid, 60 days interest)
4000163086      3        1        5.875     11.875           36                              6 mo.s interest less 20% obal
4000163128      0        0            0          0            0                                                       None
4000164183      3        1        6.125     12.125           36                              6 mo.s interest less 20% obal
34833905        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
34990432        3        1         6.25      12.25           36                         min (2% prepaid, 60 days interest)
34938597        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
34939165        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
35125137        3        1        7.875     13.875           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35189133        3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
35228303        3        1        6.375     12.375           36                              6 mo.s interest less 20% obal
4000172249      3        1         6.25      12.25           36                              6 mo.s interest less 20% obal

<CAPTION>
                                              PAYMENT
              FIRST RATE      RATE RESET       RESET                                  MI
  LOANID      RESET DATE       FREQUENCY     FREQUENCY  PURPOSE   DIV  IO    IOTERM  FLAG
-----------------------------------------------------------------------------------------
<S>           <C>                  <C>            <C>  <C>         <C>  <C>    <C>    <C>
33593559      00/00/0000           0              0    C/O Refi    N    N       0     N
4000171030    00/00/0000           0              0    C/O Refi    N    N       0     N
4000171993      9/1/2006           6              6    Purchase    N    N       0     N
34914309        8/1/2007           6              6    C/O Refi    N    Y      60     N
4000157202      8/1/2006           6              6    Purchase    N    Y      60     N
34854075        9/1/2006           6              6    C/O Refi    N    N       0     Y
4000176305      9/1/2009           6              6    Purchase    N    Y      60     N
4000152200      9/1/2006           6              6    Purchase    N    Y      60     N
35107044        9/1/2006           6              6    R/T Refi    N    N       0     N
34973792        9/1/2006           6              6    Purchase    N    N       0     Y
35194075        9/1/2006           6              6    C/O Refi    N    N       0     N
33013467        7/1/2009           6              6    C/O Refi    N    N       0     N
4000168148      9/1/2006           6              6    Purchase    N    Y      60     N
34994707        9/1/2009           6              6    Purchase    N    Y      60     N
34617746        8/1/2006           6              6    C/O Refi    N    N       0     N
35204148        9/1/2009           6              6    Purchase    N    Y      60     N
4000163457      9/1/2006           6              6    Purchase    N    Y      60     N
35034768        9/1/2006           6              6    Purchase    N    Y      60     Y
4000175928      9/1/2005           6              6    R/T Refi    N    N       0     N
35115930      00/00/0000           0              0    Purchase    N    N       0     N
34022939        9/1/2006           6              6    Purchase    N    Y      60     N
4000151359      8/1/2006           6              6    Purchase    N    Y      60     N
34659664      00/00/0000           0              0    C/O Refi    N    N       0     N
4000178961    00/00/0000           0              0    Purchase    N    N       0     N
34739524        9/1/2009           6              6    Purchase    N    Y      60     N
34650648        9/1/2006           6              6    C/O Refi    N    N       0     N
4000164847      9/1/2006           6              6    Purchase    N    Y      60     N
34948315        8/1/2006           6              6    C/O Refi    N    Y      60     N
34973032        9/1/2009           6              6    Purchase    N    N       0     Y
4000169046      9/1/2007           6              6    Purchase    N    Y      60     N
4000171809      9/1/2006           6              6    Purchase    N    N       0     Y
34932459      00/00/0000           0              0    Purchase    N    N       0     N
4000167799      9/1/2006           6              6    Purchase    N    Y      60     N
35148147        9/1/2006           6              6    Purchase    N    Y      60     N
35203520        9/1/2007           6              6    C/O Refi    N    N       0     N
4000148951      9/1/2009           6              6    Purchase    N    Y      60     N
34239343        9/1/2006           6              6    C/O Refi    N    Y      60     Y
35124122        9/1/2006           6              6    R/T Refi    N    N       0     N
35268598        3/1/2005           6              6    Purchase    N    Y      60     N
4000174210      9/1/2006           6              6    Purchase    N    N       0     N
34757104        9/1/2006           6              6    Purchase    N    N       0     Y
34946848        9/1/2009           6              6    Purchase    N    Y      60     N
35151141        9/1/2006           6              6    C/O Refi    N    N       0     N
35205335        9/1/2006           6              6    C/O Refi    N    Y      60     N
4000168911      9/1/2006           6              6    Purchase    N    N       0     N
4000156416      9/1/2006           6              6    Purchase    N    Y      60     N
35190412        9/1/2006           6              6    C/O Refi    N    Y      60     N
35079672        9/1/2009           6              6    Purchase    N    Y      60     N
34276345      00/00/0000           0              0    C/O Refi    N    N       0     N
33018714        9/1/2006           6              6    Purchase    N    N       0     Y
35269547      00/00/0000           0              0    C/O Refi    N    N       0     N
35229962        9/1/2006           6              6    Purchase    N    N       0     Y
35031665        9/1/2007           6              6    Purchase    N    Y      60     N
35188721        9/1/2006           6              6    Purchase    N    Y      60     N
35063882        8/1/2006           6              6    Purchase    N    Y      60     N
35245851        9/1/2007           6              6    C/O Refi    N    N       0     N
4000170670      9/1/2006           6              6    Purchase    N    Y      60     N
4000166381      8/1/2006           6              6    Purchase    N    Y      60     Y
4000162910      9/1/2006           6              6    Purchase    N    Y      60     Y
35190651        9/1/2009           6              6    Purchase    N    Y      60     N
34474296        9/1/2007           6              6    Purchase    N    Y      60     N
4000165734      9/1/2006           6              6    Purchase    N    Y      60     Y
4000149501      9/1/2009           6              6    Purchase    N    N       0     N
35189869        9/1/2006           6              6    C/O Refi    N    N       0     Y
4000159077      9/1/2006           6              6    C/O Refi    N    Y      60     Y
34575068        9/1/2006           6              6    C/O Refi    N    Y      60     N
35267376        9/1/2006           6              6    C/O Refi    N    N       0     N
35268051        9/1/2006           6              6    C/O Refi    N    Y      60     Y
35012046        9/1/2006           6              6    Purchase    N    Y      60     N
35111004        9/1/2006           6              6    Purchase    N    N       0     Y
35003888        9/1/2006           6              6    C/O Refi    N    N       0     N
4000173113      9/1/2006           6              6    C/O Refi    N    Y      60     Y
35282953        9/1/2007           6              6    Purchase    N    Y      60     N
34900662        9/1/2006           6              6    Purchase    N    Y      60     Y
34646455        9/1/2006           6              6    C/O Refi    N    N       0     Y
35125590        9/1/2006           6              6    Purchase    N    N       0     N
34990333        8/1/2006           6              6    Purchase    N    N       0     Y
34867580        9/1/2007           6              6    C/O Refi    N    Y      60     Y
34758946        9/1/2006           6              6    Purchase    N    Y      60     N
4000167758    00/00/0000           0              0    C/O Refi    N    N       0     N
35026202        9/1/2007           6              6    Purchase    N    Y      60     N
34997387        9/1/2006           6              6    Purchase    N    N       0     Y
35114941      00/00/0000           0              0    C/O Refi    N    N       0     N
34725200        8/1/2009           6              6    Purchase    N    N       0     N
33017302        9/1/2006           6              6    Purchase    N    N       0     Y
33017419        9/1/2006           6              6    C/O Refi    N    N       0     N
34992537        9/1/2006           6              6    Purchase    N    N       0     Y
34992677        9/1/2006           6              6    Purchase    N    Y      60     N
35072776        9/1/2006           6              6    C/O Refi    N    Y      60     N
35184928        9/1/2006           6              6    C/O Refi    N    Y      60     N
35185800        9/1/2006           6              6    C/O Refi    N    Y      60     N
4000168127      8/1/2007           6              6    Purchase    N    Y      60     N
34998930        9/1/2006           6              6    C/O Refi    N    Y      60     Y
34989483        9/1/2006           6              6    C/O Refi    N    Y      60     N
4000163086      9/1/2007           6              6    R/T Refi    N    N       0     N
4000163128    00/00/0000           0              0    Purchase    N    N       0     N
4000164183      9/1/2007           6              6    Purchase    N    Y      60     N
34833905        9/1/2006           6              6    Purchase    N    Y      60     N
34990432        9/1/2006           6              6    Purchase    N    N       0     Y
34938597        9/1/2006           6              6    Purchase    N    Y      60     N
34939165        9/1/2009           6              6    Purchase    N    Y      60     N
35125137        9/1/2006           6              6    Purchase    N    N       0     N
35189133        9/1/2006           6              6    C/O Refi    N    Y      60     N
35228303        9/1/2007           6              6    Purchase    N    Y      60     N
4000172249      9/1/2009           6              6    Purchase    N    Y      60     N
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
                                                          PROPERTY                    ORIGINAL ORIGINATION  FIRST PAY   MATURITY
  LOANID              CITY                 ZIP    STATE     TYPE       OCCUPANCY        TERM      DATE        DATE        DATE
--------------------------------------------------------------------------------------------------------------------------------
<S>           <C>                         <C>       <C>   <C>        <C>                <C>     <C>         <C>         <C>
34478669      COMPTON                     90220     CA       SFR     Owner Occupied     360     7/26/2004    9/1/2004   8/1/2034
4000155929    PORT ORCHARD                98367     WA       SFR     Owner Occupied     360     7/27/2004    9/1/2004   8/1/2034
4000159520    MARYSVILLE                  98271     WA       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
4000161487    BAKERSFIELD                 93312     CA       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
35010057      PARACHUTE                   81635     CO       PUD     Owner Occupied     360      8/4/2004    9/1/2004   8/1/2034
34646513      MILWAUKEE                   53204     WI    Units 2-4  Owner Occupied     180     8/10/2004   10/1/2004   9/1/2019
35302363      NORTH LAS VEGAS             89032     NV       PUD     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
35231844      JACKSONVILLE                32257     FL      Condo    Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34358010      SAN DIEGO                   92154     CA       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
34997981      COON RAPIDS                 55433     MN       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
35187459      TUSTIN                      92780     CA      Condo    Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
4000168367    POMPANO BEACH               33069     FL    Condo >4   Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
4000170112    OPA LOCKA                   33056     FL       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35189703      MURRIETA                    92562     CA       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
34991901      MINNETONKA                  55343     MN       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
4000176730    MCKINNEY                    75071     TX       PUD     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
4000176420    SAN LEANDRO                 94577     CA       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35245984      CINCINNATI                  45211     OH       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
4000164050    BLYTHE                      92225     CA       SFR     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
4000165165    EASTPOINTE                  48021     MI       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
35071778      CHARLOTTE                   28269     NC       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35188887      TORRANCE                    90505     CA       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
35159284      WHITWELL                    37397     TN       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000169197    PLANTATION                  33324     FL       PUD     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
35225606      PORT RICHEY                 34668     FL       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35037563      LA MIRADA                   90638     CA       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
35305663      LAS VEGAS                   89110     NV       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
4000157301    SEAL BEACH                  90740     CA      Condo    Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
34380873      FOLCROFT                    19032     PA       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
4000171770    WESTON                      33327     FL       PUD     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
4000169912    CONCORD                     94521     CA       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
33377946      ST CHARLES                  48655     MI       SFR     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
4000158982    SACRAMENTO                  95829     CA       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
4000165008    VALLEJO                     94591     CA       SFR     Owner Occupied     360     7/20/2004    9/1/2004   8/1/2034
34716274      INDIO                       92201     CA       SFR     Owner Occupied     360     7/23/2004    9/1/2004   8/1/2034
4000176385    HAVERHILL                    1835     MA       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
35183128      ANAHEIM                     92805     CA       SFR     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
34799999      LAS VEGAS                   89107     NV       SFR        Investor        360     7/26/2004    9/1/2004   8/1/2034
34240911      LAKE HAVASU CITY            86403     AZ       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34800755      EL CENTRO                   92243     CA       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
34234765      LOS LUNAS                   87031     NM       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
4000168565    CALDWELL                    83607     ID       PUD     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
4000158130    SUNRISE                     33322     FL      Condo    Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
35283035      CANONSBURG                  15317     PA       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35204304      SANTEE                      92071     CA      Condo    Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
34699611      FORT LAUDERDALE             33312     FL       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
4000170858    MIAMI                       33173     FL       PUD     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000173214    MIAMI                       33196     FL       PUD     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
34718031      BALDWIN PARK                91706     CA       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
4000168619    CHICOPEE                     1013     MA    Units 2-4  Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35027333      TEMECULA                    92592     CA       PUD     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
4000166404    LAFAYETTE                   94549     CA       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
35126960      CHICAGO                     60628     IL       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
35189174      ELK GROVE AREA              95624     CA       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
34790618      LONG BEACH                  90804     CA    Units 2-4  Owner Occupied     360     7/21/2004    9/1/2004   8/1/2034
35190792      NORTHRIDGE AREA             91325     CA       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
35149574      COLUMBUS                    31906     GA       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
35161942      MACON                       31216     GA       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34843748      WAUCONDA                    60084     IL       SFR     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
34700609      POMPANO BEACH               33060     FL       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
35034925      SOUTH GATE                  90280     CA       PUD     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
4000179582    HOUSTON                     77064     TX       PUD     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35197185      ONTARIO                     91762     CA       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34719922      RIVERSIDE                   92501     CA       SFR     Owner Occupied     360     7/28/2004   10/1/2004   9/1/2034
35012665      DENVER                      80221     CO       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
34936070      DRAIN                       97435     OR       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
34760876      BALTIMORE                   21215     MD       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
32971624      ENID                        73701     OK       SFR     Owner Occupied     360      7/9/2004    9/1/2004   8/1/2034
34955518      LA MIRADA                   90638     CA       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
35091719      CLAIRTON                    15025     PA       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35203116      CHULA VISTA                 91910     CA       SFR     Owner Occupied     360     7/27/2004    9/1/2004   8/1/2034
34020925      HOUSTON                     77082     TX       PUD     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
4000154712    PERRY HALL                  21128     MD      Condo    Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
34920116      KINGSPORT                   37664     TN       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
35286061      GETTYSBURG                  17325     PA       PUD     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
35078278      CORNELIUS                   28031     NC       PUD     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
4000166011    SUNNYSIDE                   98944     WA       SFR     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
4000170605    COMMERCE TOWNSHIP           48382     MI       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
4000161139    ISLIP                       11751     NY       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
34739599      AMERICAN FORK               84003     UT       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
34374751      PLYMOUTH                    18651     PA    Units 2-4  Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
34834630      MANCHESTER                   3103     NH    Units 2-4  Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
4000166949    SHARON                       2067     MA       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
34857912      BURBANK                     60459     IL       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
35131861      SKOKIE                      60076     IL       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35184860      BUENA PARK                  90620     CA       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
4000175558    NEWBURY PARK AREA           91320     CA       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
33018870      RICHMOND                    47374     IN       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
35076207      CHARLOTTE                   28277     NC       PUD     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34934075      BEAVERTON                   97006     OR       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
34891168      DAYTONA BEACH               32114     FL       SFR     Owner Occupied     180     7/30/2004    9/1/2004   8/1/2019
4000166600    ROSEVILLE                   48066     MI       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
34698217      GREENACRES                  33463     FL       SFR     Owner Occupied     360      8/3/2004    9/1/2004   8/1/2034
34700393      FORT LAUDERDALE             33311     FL       SFR     Owner Occupied     360      8/5/2004    9/1/2004   8/1/2034
34650762      HENDERSON                   80640     CO       SFR     Owner Occupied     360     7/15/2004    9/1/2004   8/1/2034
35086172      COLUMBUS                    43221     OH       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34691337      MIAMI                       33187     FL       SFR     Owner Occupied     360     7/14/2004    9/1/2004   8/1/2034
34862474      SCHENECTADY                 12303     NY    Units 2-4     Investor        360      8/2/2004    9/1/2004   8/1/2034
4000091342    BRENTWOOD                   11717     NY       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
34996124      ANDOVER                     55304     MN       SFR        Investor        360     8/16/2004   10/1/2004   9/1/2034
34993816      EAST BETHEL                 55005     MN       SFR        Investor        360      8/5/2004   10/1/2004   9/1/2034
34994475      ANDOVER                     55304     MN       SFR        Investor        360      8/6/2004   10/1/2004   9/1/2034
34990630      HAM LAKE                    55304     MN       SFR     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
34606202      WEST CHICAGO                60185     IL       SFR     Owner Occupied     360     7/16/2004    9/1/2004   8/1/2034
34996272      FAIRMONT                    56031     MN       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034

<CAPTION>
                                                                                      ORIGINAL
                                                                                      COMBAINED
              REMAINING     ORIGINAL   SCHEDULED                       PAID THRU       LOAN TO      OTS
  LOANID        TERM        BALANCE     BALANCE      RATE      P&I        DATE          VALUE   DELINQUENCY INDEX       MARGIN
------------------------------------------------------------------------------------------------------------------------------
<S>              <C>      <C>         <C>           <C>     <C>        <C>              <C>        <C>       <C>        <C>
34478669         358      195,000.00  194,671.40    6.875   1,281.02    9/1/2004         68.9      0-29      6ML         4.75
4000155929       358      174,400.00  174,400.00    6.625     962.83    9/1/2004           80      0-29      6ML          4.5
4000159520       359      147,960.00  147,960.00    6.625     816.86   10/1/2004           80      0-29      6ML          4.5
4000161487       359      200,000.00  200,000.00      6.5   1,083.33   10/1/2004           80      0-29      6ML         4.25
35010057         358       60,000.00   59,935.90    9.125     488.18    9/1/2004        33.73      0-29      FIX            0
34646513         179       39,000.00   38,875.61    6.875     347.83   10/1/2004        48.75      0-29      FIX            0
35302363         359      200,000.00  200,000.00    5.875     979.17   10/1/2004           80      0-29      6ML        4.625
35231844         359       93,000.00   92,910.98      7.5     650.27   10/1/2004          100      0-29      6ML        5.375
34358010         359      368,000.00  368,000.00     5.99   1,836.93   10/1/2004           80      0-29      6ML         4.25
34997981         359      168,000.00  168,000.00    6.125      857.5   10/1/2004           80      0-29      6ML        4.625
35187459         359      384,000.00  384,000.00     5.75   1,840.00   10/1/2004           80      0-29      6ML        3.625
4000168367       359      134,900.00  134,900.00    7.625     857.18   10/1/2004        89.99      0-29      6ML          5.5
4000170112       359      145,000.00  145,000.00    8.375   1,011.98   10/1/2004          100      0-29      6ML        6.125
35189703         359      324,800.00  324,800.00      6.5   1,759.33   10/1/2004           80      0-29      6ML        4.625
34991901         359      787,400.00  786,705.29    6.625   5,041.81   10/1/2004        69.99      0-29      6ML         4.25
4000176730       359      122,100.00  122,100.00     5.75     585.06   10/1/2004           80      0-29      6ML            4
4000176420       359      340,000.00  340,000.00    5.875   1,664.58   10/1/2004           80      0-29      6ML         4.25
35245984         359      102,400.00  102,400.00      5.5     469.33   10/1/2004           80      0-29      6ML          3.5
4000164050       359       88,000.00   87,918.49    6.375     549.01   10/1/2004           80      0-29      6ML        4.625
4000165165       359      111,500.00  111,417.26      7.5     779.62   10/1/2004        75.85      0-29      6ML        5.375
35071778         359       80,000.00   80,000.00    8.625        575   10/1/2004        80.53      0-29      6ML        6.875
35188887         359      480,000.00  480,000.00     5.75   2,300.00   10/1/2004           80      0-29      6ML        3.875
35159284         359       68,000.00   68,000.00      8.5     481.67   10/1/2004           80      0-29      6ML        6.125
4000169197       359      161,600.00  161,431.28     5.75     943.05   10/1/2004           80      0-29      6ML        4.125
35225606         359       74,400.00   74,337.49    6.875     488.76   10/1/2004           80      0-29      6ML        4.875
35037563         359      472,500.00  472,131.40     7.25   3,223.29   10/1/2004           90      0-29      6ML        5.875
35305663         359      160,000.00  160,000.00     7.25     966.67   10/1/2004          100      0-29      6ML        5.875
4000157301       358      350,000.00  349,317.90    6.125   2,126.64    9/1/2004        92.11      0-29      6ML         4.75
34380873         359       76,000.00   75,943.10      7.5     531.41   10/1/2004           80      0-29      6ML         5.25
4000171770       359      580,000.00  579,462.80    6.375   3,618.45   10/1/2004        86.57      0-29      6ML        5.125
4000169912       359      408,000.00  408,000.00     5.75   1,955.00   10/1/2004           80      0-29      6ML            4
33377946         358      304,000.00  302,880.97    6.375   1,615.00    9/1/2004           80      0-29      6ML            4
4000158982       359      252,000.00  252,000.00    6.375   1,338.75   10/1/2004           80      0-29      6ML          4.5
4000165008       358      243,400.00  243,400.00    5.625   1,140.94    9/1/2004        79.99      0-29      6ML         3.75
34716274         358      155,200.00  155,200.00    6.625     856.83    9/1/2004           80      0-29      6ML         4.25
4000176385       359      254,400.00  254,400.00      5.5   1,166.00   10/1/2004           80      0-29      6ML        4.125
35183128         359      360,000.00  360,000.00     6.25   1,875.00   10/1/2004           80      0-29      6ML         4.25
34799999         358      147,850.00  147,571.97    6.875     971.27    9/1/2004        89.98      0-29      6ML        4.625
34240911         359      219,850.00  219,698.70    7.875   1,594.07   10/1/2004        89.99      0-29      6ML         4.75
34800755         359      218,250.00  218,250.00     5.99   1,089.43   10/1/2004        79.99      0-29      6ML         4.25
34234765         359      130,000.00  129,917.10     8.25     976.65   10/1/2004        88.44      0-29      6ML          6.5
4000168565       359       67,900.00   67,900.00     5.25     297.06   10/1/2004        79.98      0-29      6ML        3.375
4000158130       359       48,800.00   48,753.70     6.25     300.47   10/1/2004           80      0-29      FIX            0
35283035         359      341,900.00  341,605.63     6.75   2,217.56   10/1/2004           95      0-29      6ML        5.625
35204304         359      228,000.00  228,000.00     6.25   1,187.50   10/1/2004           80      0-29      6ML         4.25
34699611         359      169,600.00  169,600.00     6.25     883.33   10/1/2004           80      0-29      6ML         3.75
4000170858       359      184,000.00  184,000.00    8.125   1,245.83   10/1/2004          100      0-29      6ML         6.25
4000173214       359      161,500.00  161,380.15      7.5   1,129.23   10/1/2004           95      0-29      6ML        6.125
34718031         359      243,000.00  242,810.44     7.25   1,657.69   10/1/2004        84.67      0-29      6ML         5.25
4000168619       359      147,250.00  147,120.31      7.5   1,029.59   10/1/2004           95      0-29      6ML         6.25
35027333         359      500,000.00  500,000.00      5.5   2,291.67   10/1/2004         62.5      0-29      6ML         3.75
4000166404       359      546,250.00  546,250.00    7.625   3,470.96   10/1/2004           95      0-29      6ML            6
35126960         359      103,500.00  103,419.25     7.25     706.06   10/1/2004           90      0-29      FIX            0
35189174         359      316,000.00  315,734.52    6.875   2,075.90   10/1/2004           80      0-29      6ML          3.5
34790618         358      424,000.00  424,000.00      6.5   2,296.67    9/1/2004           80      0-29      6ML        4.125
35190792         359      260,500.00  260,286.04     6.99   1,731.37   10/1/2004        60.58      0-29      FIX            0
35149574         359       77,400.00   77,400.00    8.375     540.19   10/1/2004           90      0-29      6ML        6.375
35161942         359      134,000.00  134,000.00    6.375     711.88   10/1/2004           80      0-29      6ML         4.25
34843748         358      327,600.00  327,600.00    6.875   1,876.88    9/1/2004           90      0-29      6ML        5.375
34700609         359      145,000.00  144,868.92      6.5      916.5   10/1/2004        73.98      0-29      6ML        3.375
35034925         359      317,000.00  317,000.00     7.25   1,915.21   10/1/2004          100      0-29      6ML        5.375
4000179582       359       89,900.00   89,844.13    8.375      683.3   10/1/2004          100      0-29      6ML        6.375
35197185         359      323,000.00  323,000.00     6.99   1,881.48   10/1/2004           85      0-29      6ML        5.375
34719922         359      193,150.00  192,983.70     6.75   1,252.77   10/1/2004        70.24      0-29      6ML         4.75
35012665         359      140,000.00  140,000.00    5.875     685.42   10/1/2004           80      0-29      6ML         3.75
34936070         359       90,000.00   89,929.79     7.25     613.96   10/1/2004           75      0-29      6ML        4.875
34760876         359      144,500.00  144,500.00        8     963.33   10/1/2004           85      0-29      6ML        5.875
32971624         358       50,000.00   49,937.62    8.375     380.04   10/1/2004        60.61      0-29      FIX            0
34955518         359      340,000.00  340,000.00     5.99   1,697.17   10/1/2004           80      0-29      6ML         4.25
35091719         359       99,750.00   99,675.39    8.125     740.65   10/1/2004           95      0-29      6ML          6.5
35203116         358      175,000.00  175,000.00     6.75     984.38    9/1/2004        42.68      0-29      6ML          4.5
34020925         359      209,000.00  208,859.47     7.99   1,532.12   10/1/2004           95      0-29      6ML        6.625
4000154712       359      182,000.00  181,827.31     6.25   1,120.61   10/1/2004           70      0-29      FIX            0
34920116         359       84,000.00   83,936.08    7.375     580.17   10/1/2004           80      0-29      FIX            0
35286061         359      120,000.00  119,921.50    8.125        891   10/1/2004           80      0-29      6ML          5.5
35078278         359      120,907.00  120,907.00     7.25     730.48   10/1/2004          100      0-29      6ML         5.75
4000166011       358       92,650.00   92,542.99     8.75     728.88   10/1/2004           85      0-29      6ML         6.75
4000170605       359      111,200.00  111,200.00        6        556   10/1/2004           80      0-29      6ML        3.875
4000161139       359      536,000.00  536,000.00    5.875   2,624.17   10/1/2004           80      0-29      6ML        3.625
34739599         359      140,000.00  140,000.00     6.25     729.17   10/1/2004           80      0-29      6ML         3.75
34374751         359       52,850.00   52,817.86    8.625     411.07   10/1/2004        94.97      0-29      FIX            0
34834630         359      233,500.00  233,362.14    8.625   1,816.14   10/1/2004          100      0-29      6ML         5.75
4000166949       359      548,000.00  547,516.52    6.625   3,508.90   10/1/2004           80      0-29      6ML        4.875
34857912         359       84,000.00   83,931.14        7     558.86   10/1/2004         52.5      0-29      6ML        4.125
35131861         359      389,500.00  389,218.09    7.625   2,756.86   10/1/2004           95      0-29      6ML         5.75
35184860         359      348,000.00  348,000.00     5.99   1,737.10   10/1/2004           80      0-29      6ML        4.125
4000175558       359      468,000.00  467,999.61    5.999   2,339.61   10/1/2004           80      0-29      6ML            4
33018870         359       52,000.00   51,960.42    7.375     359.16   10/1/2004        59.09      0-29      FIX            0
35076207         359      125,150.00  125,150.00    5.625     586.64   10/1/2004        79.99      0-29      6ML        3.375
34934075         359      155,950.00  155,950.00     6.75     877.22   10/1/2004        79.98      0-29      6ML          4.5
34891168         178       55,000.00   54,688.03     8.25     533.58    9/1/2004        83.33      0-29      FIX            0
4000166600       359      114,300.00  114,240.74     9.25     940.32   10/1/2004           90      0-29      6ML        7.625
34698217         358       72,000.00   71,878.67    6.875     472.99    9/1/2004           80      0-29      6ML         5.25
34700393         358       96,000.00   95,894.73        9     772.44    9/1/2004           80      0-29      6ML        6.875
34650762         358      303,000.00  302,450.68      6.5   1,915.17    9/1/2004        89.12      0-29      6ML        5.125
35086172         359      256,500.00  256,336.44     8.25   1,927.00   10/1/2004           90      0-29      FIX            0
34691337         358      167,250.00  167,250.00    7.875   1,097.58    9/1/2004         67.3      0-29      6ML        5.625
34862474         358       62,000.00   61,909.95    7.625     438.84    9/1/2004        89.99      0-29      6ML          5.5
4000091342       359      221,600.00  221,600.00     6.75   1,246.50   10/1/2004           80      0-29      6ML        4.375
34996124         359      193,500.00  193,500.00    7.375   1,189.22   10/1/2004           90      0-29      6ML         5.25
34993816         359      180,000.00  180,000.00    7.375   1,106.25   10/1/2004           90      0-29      6ML         5.25
34994475         359      198,000.00  197,999.99    7.375   1,216.88   10/1/2004           90      0-29      6ML         5.25
34990630         359      292,000.00  292,000.00    5.875   1,429.58   10/1/2004         58.4      0-29      6ML         3.75
34606202         358      269,400.00  268,956.19     6.99   1,790.52    9/1/2004          100      0-29      6ML          5.5
34996272         359       98,000.00   97,900.08    5.875     579.71   10/1/2004        79.67      0-29      6ML        4.125

<CAPTION>
             INITIAL  PERIODIC                           PREPAYMENT
  LOANID       CAP      CAP       FLOOR    CEILING          TERM                                PREPAYMENT PENALTY
--------------------------------------------------------------------------------------------------------------------------
<S>             <C>      <C>      <C>       <C>              <C>                        <C>
34478669        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
4000155929      3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
4000159520      3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
4000161487      3        1          6.5       12.5           36                              6 mo.s interest less 20% obal
35010057        0        0            0          0           12                              6 mo.s interest less 20% obal
34646513        0        0            0          0           36                              6 mo.s interest less 20% obal
35302363        3        1        5.875     11.875           36                              6 mo.s interest less 20% obal
35231844        3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
34358010        3        1         5.99      11.99           24                              6 mo.s interest less 20% obal
34997981        3        1        6.125     12.125           36                         min (2% prepaid, 60 days interest)
35187459        3        1         5.75      11.75           24                              6 mo.s interest less 20% obal
4000168367      3        1        7.625     13.625           24                              6 mo.s interest less 20% obal
4000170112      3        1        8.375     14.375           24                              6 mo.s interest less 20% obal
35189703        3        1          6.5       12.5           36                              6 mo.s interest less 20% obal
34991901        3        1        6.625     12.625           36                         min (2% prepaid, 60 days interest)
4000176730      3        1         5.75      11.75           24                              6 mo.s interest less 20% obal
4000176420      3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
35245984        3        1          5.5       11.5           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000164050      3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
4000165165      3        1          7.5       13.5           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35071778        3        1        8.625     14.625            0                                                       None
35188887        3        1         5.75      11.75           24                              6 mo.s interest less 20% obal
35159284        3        1          8.5       14.5           24                              6 mo.s interest less 20% obal
4000169197      3        1         5.75      11.75           24                              6 mo.s interest less 20% obal
35225606        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
35037563        3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
35305663        3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
4000157301      3        1        6.125     12.125           36                              6 mo.s interest less 20% obal
34380873        3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
4000171770      3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
4000169912      3        1         5.75      11.75           36                              6 mo.s interest less 20% obal
33377946        3        1        6.375     12.375           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000158982      3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
4000165008      3        1        5.625     11.625           36                              6 mo.s interest less 20% obal
34716274        3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
4000176385      3        1          5.5       11.5           36                              6 mo.s interest less 20% obal
35183128        3        1         6.25      12.25           36                              6 mo.s interest less 20% obal
34799999        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
34240911        3        1        7.875     13.875           24                              6 mo.s interest less 20% obal
34800755        3        1         5.99      11.99           36                              6 mo.s interest less 20% obal
34234765        3        1         8.25      14.25            0                                                       None
4000168565      3        1         5.25      11.25           24                              6 mo.s interest less 20% obal
4000158130      0        0            0          0           36                              6 mo.s interest less 20% obal
35283035        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
35204304        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
34699611        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
4000170858      3        1        8.125     14.125           24                              6 mo.s interest less 20% obal
4000173214      3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
34718031        3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
4000168619      3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
35027333        3        1          5.5       11.5           36                              6 mo.s interest less 20% obal
4000166404      3        1        7.625     13.625           36                              6 mo.s interest less 20% obal
35126960        0        0            0          0            0                                                       None
35189174        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
34790618        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
35190792        0        0            0          0           36                              6 mo.s interest less 20% obal
35149574        3        1        8.375     14.375            0                                                       None
35161942        3        1        6.375     12.375            0                                                       None
34843748        3        1        6.875     12.875           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34700609        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
35034925        3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
4000179582      3        1        8.375     14.375           36                              6 mo.s interest less 20% obal
35197185        3        1         6.99      12.99           36                              6 mo.s interest less 20% obal
34719922        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
35012665        3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
34936070        3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
34760876        3        1            8         14           24                              6 mo.s interest less 20% obal
32971624        0        0            0          0           36                              6 mo.s interest less 20% obal
34955518        3        1         5.99      11.99           24                              6 mo.s interest less 20% obal
35091719        3        1        8.125     14.125           24                              6 mo.s interest less 20% obal
35203116        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
34020925        3        1         7.99      13.99           24                              6 mo.s interest less 20% obal
4000154712      0        0            0          0            0                                                       None
34920116        0        0            0          0           36                              6 mo.s interest less 20% obal
35286061        3        1        8.125     14.125           24                              6 mo.s interest less 20% obal
35078278        3        1         7.25      13.25            0                                                       None
4000166011      3        1         8.75      14.75           24                              6 mo.s interest less 20% obal
4000170605      3        1            6         12           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000161139      3        1        5.875     11.875            0                                                       None
34739599        3        1         6.25      12.25           12                              6 mo.s interest less 20% obal
34374751        0        0            0          0           36                              6 mo.s interest less 20% obal
34834630        3        1        8.625     14.625           24                              6 mo.s interest less 20% obal
4000166949      3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
34857912        3        1            7         13           12                              3%/2%/1%-1st yr/2nd yr/3rd yr
35131861        3        1        7.625     13.625           12                              3%/2%/1%-1st yr/2nd yr/3rd yr
35184860        3        1         5.99      11.99           36                              6 mo.s interest less 20% obal
4000175558      3        1        5.999     11.999           24                              6 mo.s interest less 20% obal
33018870        0        0            0          0           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35076207        3        1        5.625     11.625            0                                                       None
34934075        3        1         6.75      12.75           36                              6 mo.s interest less 20% obal
34891168        0        0            0          0           36                              6 mo.s interest less 20% obal
4000166600      3        1         9.25      15.25           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34698217        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
34700393        3        1            9         15           24                              6 mo.s interest less 20% obal
34650762        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
35086172        0        0            0          0           36                                                 1% prepaid
34691337        3        1        7.875     13.875           24                              6 mo.s interest less 20% obal
34862474        3        1        7.625     13.625            0                                                       None
4000091342      3        1         6.75      12.75            0                                                       None
34996124        3        1        7.375     13.375           36                         min (2% prepaid, 60 days interest)
34993816        3        1        7.375     13.375           36                         min (2% prepaid, 60 days interest)
34994475        3        1        7.375     13.375           36                         min (2% prepaid, 60 days interest)
34990630        3        1        5.875     11.875           36                         min (2% prepaid, 60 days interest)
34606202        3        1         6.99      12.99           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34996272        3        1        5.875     11.875           36                         min (2% prepaid, 60 days interest)

<CAPTION>
                                              PAYMENT
              FIRST RATE      RATE RESET       RESET                                  MI
  LOANID      RESET DATE       FREQUENCY     FREQUENCY  PURPOSE   DIV  IO    IOTERM  FLAG
-----------------------------------------------------------------------------------------
<S>           <C>                  <C>            <C>  <C>         <C>  <C>    <C>    <C>
34478669        8/1/2006           6              6    C/O Refi    N    N       0     N
4000155929      8/1/2006           6              6    C/O Refi    N    Y      60     N
4000159520      9/1/2006           6              6    Purchase    N    Y      60     N
4000161487      9/1/2009           6              6    Purchase    N    Y      60     N
35010057      00/00/0000           0              0    Purchase    N    N       0     N
34646513      00/00/0000           0              0    C/O Refi    N    N       0     N
35302363        9/1/2006           6              6    Purchase    N    Y      60     N
35231844        9/1/2006           6              6    C/O Refi    N    N       0     N
34358010        9/1/2006           6              6    Purchase    N    Y      60     N
34997981        9/1/2006           6              6    Purchase    N    Y      60     N
35187459        9/1/2006           6              6    Purchase    N    Y      60     N
4000168367      9/1/2006           6              6    Purchase    N    Y      60     N
4000170112      9/1/2006           6              6    Purchase    N    Y      60     N
35189703        9/1/2007           6              6    Purchase    N    Y      60     N
34991901        9/1/2006           6              6    C/O Refi    N    N       0     N
4000176730      9/1/2006           6              6    Purchase    N    Y      60     N
4000176420      9/1/2006           6              6    Purchase    N    Y      60     N
35245984        9/1/2009           6              6    Purchase    N    Y      60     N
4000164050      9/1/2006           6              6    Purchase    N    N       0     N
4000165165      9/1/2006           6              6    C/O Refi    N    N       0     N
35071778        9/1/2006           6              6    C/O Refi    N    Y      60     N
35188887        9/1/2006           6              6    Purchase    N    Y      60     N
35159284        9/1/2006           6              6    Purchase    N    Y      60     N
4000169197      9/1/2006           6              6    Purchase    N    N       0     N
35225606        9/1/2006           6              6    Purchase    N    N       0     N
35037563        9/1/2006           6              6    Purchase    N    N       0     N
35305663        9/1/2006           6              6    Purchase    N    Y      60     N
4000157301      8/1/2009           6              6    C/O Refi    N    N       0     Y
34380873        9/1/2006           6              6    C/O Refi    N    N       0     N
4000171770      9/1/2006           6              6    R/T Refi    N    N       0     N
4000169912      9/1/2007           6              6    Purchase    N    Y      60     N
33377946        8/1/2006           6              6    C/O Refi    N    Y      60     N
4000158982      9/1/2006           6              6    Purchase    N    Y      60     N
4000165008      8/1/2007           6              6    Purchase    N    Y      60     N
34716274        8/1/2009           6              6    Purchase    N    Y      60     N
4000176385      9/1/2006           6              6    Purchase    N    Y      60     N
35183128        9/1/2007           6              6    C/O Refi    N    Y      60     N
34799999        8/1/2006           6              6    Purchase    N    N       0     Y
34240911        9/1/2006           6              6    Purchase    N    N       0     Y
34800755        9/1/2007           6              6    Purchase    N    Y      60     N
34234765        9/1/2006           6              6    R/T Refi    N    N       0     Y
4000168565      9/1/2006           6              6    Purchase    N    Y      60     N
4000158130    00/00/0000           0              0    R/T Refi    N    N       0     N
35283035        9/1/2006           6              6    Purchase    N    N       0     Y
35204304        9/1/2006           6              6    Purchase    N    Y      60     N
34699611        9/1/2009           6              6    Purchase    N    Y      60     N
4000170858      9/1/2006           6              6    Purchase    N    Y      60     N
4000173214      9/1/2006           6              6    R/T Refi    N    N       0     N
34718031        9/1/2006           6              6    C/O Refi    N    N       0     Y
4000168619      9/1/2006           6              6    Purchase    N    N       0     Y
35027333        9/1/2006           6              6    C/O Refi    N    Y      60     N
4000166404      9/1/2007           6              6    Purchase    N    Y      60     N
35126960      00/00/0000           0              0    C/O Refi    N    N       0     N
35189174        9/1/2006           6              6    C/O Refi    N    N       0     N
34790618        8/1/2006           6              6    C/O Refi    N    Y      60     N
35190792      00/00/0000           0              0    C/O Refi    N    N       0     N
35149574        9/1/2006           6              6    C/O Refi    N    Y      60     N
35161942        9/1/2007           6              6    Purchase    N    Y      60     N
34843748        8/1/2006           6              6    C/O Refi    N    Y      60     Y
34700609        9/1/2009           6              6    C/O Refi    N    N       0     N
35034925        9/1/2006           6              6    Purchase    N    Y      60     N
4000179582      9/1/2007           6              6    Purchase    N    N       0     N
35197185        9/1/2009           6              6    C/O Refi    N    Y      60     N
34719922        9/1/2006           6              6    C/O Refi    N    N       0     N
35012665        9/1/2006           6              6    Purchase    N    Y      60     N
34936070        9/1/2006           6              6    Purchase    N    N       0     N
34760876        9/1/2006           6              6    R/T Refi    N    Y      60     N
32971624      00/00/0000           0              0    Purchase    N    N       0     N
34955518        9/1/2006           6              6    Purchase    N    Y      60     N
35091719        9/1/2006           6              6    Purchase    N    N       0     N
35203116        8/1/2006           6              6    C/O Refi    N    Y      60     N
34020925        9/1/2006           6              6    Purchase    N    N       0     N
4000154712    00/00/0000           0              0    Purchase    N    N       0     N
34920116      00/00/0000           0              0    C/O Refi    N    N       0     N
35286061        9/1/2009           6              6    Purchase    N    N       0     N
35078278        9/1/2007           6              6    Purchase    N    Y      60     N
4000166011      8/1/2006           6              6    Purchase    N    N       0     Y
4000170605      9/1/2006           6              6    Purchase    N    Y      60     N
4000161139      9/1/2007           6              6    C/O Refi    N    Y      60     N
34739599        9/1/2006           6              6    Purchase    N    Y      60     N
34374751      00/00/0000           0              0    Purchase    N    N       0     Y
34834630        9/1/2006           6              6    Purchase    N    N       0     N
4000166949      9/1/2006           6              6    Purchase    N    N       0     N
34857912        9/1/2006           6              6    C/O Refi    N    N       0     N
35131861        9/1/2006           6              6    C/O Refi    N    N       0     Y
35184860        9/1/2007           6              6    Purchase    N    Y      60     N
4000175558      9/1/2006           6              6    Purchase    N    Y      60     N
33018870      00/00/0000           0              0    C/O Refi    N    N       0     N
35076207        9/1/2007           6              6    Purchase    N    Y      60     N
34934075        9/1/2009           6              6    Purchase    N    Y      60     N
34891168      00/00/0000           0              0    C/O Refi    N    N       0     Y
4000166600      9/1/2006           6              6    C/O Refi    N    N       0     Y
34698217        8/1/2006           6              6    Purchase    N    N       0     N
34700393        8/1/2006           6              6    Purchase    N    N       0     N
34650762        8/1/2006           6              6    C/O Refi    N    N       0     Y
35086172      00/00/0000           0              0    C/O Refi    N    N       0     N
34691337        8/1/2009           6              6    C/O Refi    N    Y      60     N
34862474        8/1/2007           6              6    Purchase    N    N       0     Y
4000091342      9/1/2009           6              6    Purchase    N    Y      60     N
34996124        9/1/2007           6              6    Purchase    N    Y      60     Y
34993816        9/1/2007           6              6    Purchase    N    Y      60     Y
34994475        9/1/2007           6              6    Purchase    N    Y      60     Y
34990630        9/1/2006           6              6    C/O Refi    N    Y      60     N
34606202        8/1/2006           6              6    C/O Refi    N    N       0     N
34996272        9/1/2006           6              6    C/O Refi    N    N       0     N
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
                                                          PROPERTY                    ORIGINAL ORIGINATION  FIRST PAY   MATURITY
  LOANID              CITY                 ZIP    STATE     TYPE       OCCUPANCY        TERM      DATE        DATE        DATE
--------------------------------------------------------------------------------------------------------------------------------
<S>           <C>                         <C>       <C>   <C>        <C>                <C>     <C>         <C>         <C>
34736736      ROY                         84067     UT       SFR     Owner Occupied     360     7/21/2004    9/1/2004   8/1/2034
4000163532    COTATI                      94931     CA       SFR     Owner Occupied     360     7/23/2004   10/1/2004   9/1/2034
34440974      GASTONIA                    28056     NC       SFR     Owner Occupied     360     7/19/2004    9/1/2004   8/1/2034
35034495      ALHAMBRA                    91803     CA       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
4000105495    BAKERSFIELD                 93306     CA       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
34660795      SAINT LOUIS                 63135     MO       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
4000172326    MARGATE                     33063     FL       PUD     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35105220      PLANO                       75074     TX       SFR     Owner Occupied     180      8/4/2004   10/1/2004   9/1/2019
34692574      HALLANDALE                  33009     FL    Condo >4   Owner Occupied     360      8/2/2004    9/1/2004   8/1/2034
35124429      OVERLAND PARK               66221     KS       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34996397      PEQUOT LAKES                56472     MN       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
34236828      TUCSON                      85750     AZ       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
4000168923    MIAMI                       33162     FL       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
4000178974    MODESTO                     95350     CA       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35128875      CHICAGO                     60659     IL       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
4000163610    ORINDA                      94563     CA       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
34480095      RIVERSIDE                   92509     CA       SFR     Owner Occupied     360     7/28/2004   10/1/2004   9/1/2034
4000167918    ELK GROVE                   95758     CA       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
34646620      HARTFORD                    53027     WI       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
4000165359    MASSILLON                   44646     OH       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
34885806      JACKSONVILLE                32208     FL       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
4000152650    MOUNTAIN VIEW               94040     CA       PUD     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
4000160675    JERSEY CITY                  7306     NJ       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
34730804      BOUNTIFUL                   84010     UT       SFR     Owner Occupied     360     6/30/2004    8/1/2004   7/1/2034
35113067      GARLAND                     75041     TX       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34381921      BRICK                        8724     NJ       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
4000171662    VACAVILLE                   95688     CA       PUD     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
35115674      FORT WORTH                  76179     TX       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
35228337      DELTONA                     32738     FL       SFR     Owner Occupied     180     8/12/2004   10/1/2004   9/1/2019
35153089      SUWANEE                     30024     GA       PUD     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
34712422      REDLANDS                    92374     CA       SFR     Owner Occupied     360     7/20/2004    9/1/2004   8/1/2034
34677013      RIVERSIDE                   92503     CA       PUD     Owner Occupied     360     6/16/2004    8/1/2004   7/1/2034
34996223      ALBERTVILLE                 55301     MN       SFR        Investor        360     8/20/2004   10/1/2004   9/1/2034
35243849      SPRING                      77373     TX       PUD     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
35159847      KNOXVILLE                   37918     TN       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000176082    EAST HAVEN                   6512     CT       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000176436    DUBLIN                      43017     OH      Condo    Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
4000177963    BRONX                       10458     NY       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34962233      PITTSBURGH                  15227     PA       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
34738203      BOISE                       83704     ID       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34933838      MILWAUKIE                   97267     OR       SFR     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
4000165881    DETROIT                     48235     MI       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
4000166215    OAKLEY                      94561     CA       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
4000158972    GREENVILLE                  45331     OH       SFR     Owner Occupied     180      8/7/2004   10/1/2004   9/1/2019
4000164559    ELK GROVE                   95758     CA       SFR     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
33881731      MILWAUKEE                   53209     WI    Units 2-4     Investor        360     7/30/2004    9/1/2004   8/1/2034
35244524      HOUSTON                     77088     TX       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34965335      FAIRFIELD                   45014     OH       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000175257    SACRAMENTO                  95828     CA       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
4000175272    BOCA RATON                  33498     FL       PUD     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35204023      BONITA                      91902     CA      Condo    Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
34754937      WASHINGTON DC               20007     DC    Condo >4   Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
35108794      PLANO                       75074     TX       SFR     Owner Occupied     180     8/19/2004   10/1/2004   9/1/2019
4000149370    VACAVILLE                   95687     CA       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
35243286      MISSOURI CITY               77459     TX       PUD     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
33017633      CLINTON                     47842     IN       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
34989459      ELK RIVER                   55330     MN       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
34737957      SAINT GEORGE                84770     UT       PUD        Investor        360      8/4/2004   10/1/2004   9/1/2034
35108737      HALTOM CITY                 76117     TX       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
35192855      ANAHEIM                     92807     CA       PUD     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
34377861      SOUTH ORANGE                 7079     NJ       SFR     Owner Occupied     360     7/28/2004   10/1/2004   9/1/2034
35282326      BAYVILLE                     8721     NJ       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
35129196      LAKE FOREST                 60045     IL       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
34832188      PROVIDENCE                   2908     RI    Units 2-4  Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
34979690      GEORGETOWN                  40324     KY       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
4000156450    FAIR OAKS                   95628     CA       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
35154426      COVINGTON                   30016     GA       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
4000173805    GARDENA                     90247     CA       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
35130673      WAUKEGAN                    60087     IL       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000172597    TARRYTOWN                   10591     NY       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34274530      MIDLAND                     79705     TX       SFR     Owner Occupied     180      7/1/2004    8/1/2004   7/1/2019
33019712      LOUISVILLE                  40291     KY       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
33778143      BROOKLYN                    11208     NY    Units 2-4  Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
34868257      BUFFALO                     14210     NY       SFR     Owner Occupied     360      9/2/2004   11/1/2004  10/1/2034
35142439      CORDOVA                     38018     TN       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
35228477      SARASOTA                    34239     FL       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
35159151      STONE MOUNTAIN              30088     GA       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
35232081      SARASOTA                    34232     FL       PUD        Investor        360     8/30/2004   10/1/2004   9/1/2034
35134972      CHICAGO                     60636     IL       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
33878885      SAINT LOUIS                 63114     MO       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
34856955      CHICAGO                     60629     IL       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
35302009      NORTH LAS VEGAS             89031     NV       PUD     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
34081976      CARSON CITY                 89701     NV       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
34355578      SPRING VALLEY               91977     CA       SFR     Owner Occupied     360     7/26/2004    9/1/2004   8/1/2034
35076595      CARY                        27513     NC       PUD     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
35111871      DALLAS                      75238     TX       SFR     Owner Occupied     180     8/25/2004   10/1/2004   9/1/2019
34741702      NORTH LAS VEGAS             89030     NV       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
35071182      CHARLESTON                  29412     SC       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
34380998      SHAMONG                      8088     NJ       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
35232693      PACE                        32571     FL       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35343292      YORK                        17404     PA       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
4000178614    BAKERSFIELD                 93312     CA       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34735969      DRAPER                      84020     UT       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
35002070      LITTLETON                   80128     CO       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34746750      RISING SUN                  21911     MD       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
35190859      NEWARK                      94560     CA       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
4000174433    HUDSON                      44236     OH       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
34854604      CHICAGO                     60639     IL       SFR     Owner Occupied     360     7/27/2004    9/1/2004   8/1/2034
35182500      SAN CLEMENTE                92673     CA       PUD     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
4000169559    ST MARYS                    31558     GA       PUD     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
34941492      PORTLAND                    97236     OR       PUD     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35085075      MARIETTA                    45750     OH       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
4000167868    NILES                       49120     MI       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
35243054      HOUSTON                     77051     TX    Units 2-4  Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
35323401      BEAVERTON                   97008     OR       SFR        Investor        360     8/27/2004   10/1/2004   9/1/2034

<CAPTION>
                                                                                      ORIGINAL
                                                                                      COMBAINED
              REMAINING     ORIGINAL   SCHEDULED                       PAID THRU       LOAN TO      OTS
  LOANID        TERM        BALANCE     BALANCE      RATE      P&I        DATE          VALUE   DELINQUENCY INDEX       MARGIN
------------------------------------------------------------------------------------------------------------------------------
<S>              <C>      <C>         <C>           <C>     <C>        <C>              <C>        <C>       <C>        <C>
34736736         358       71,000.00   71,000.00    6.875     406.77    9/1/2004        72.82      0-29      6ML        4.125
4000163532       359      372,800.00  372,800.00      5.5   1,708.67   10/1/2004           80      0-29      6ML        3.625
34440974         358       84,500.00   84,500.00        9     633.75    9/1/2004        88.95      0-29      6ML         6.75
35034495         359      369,000.00  369,000.00      7.5   2,306.25   10/1/2004           90      0-29      6ML         5.75
4000105495       359      212,800.00  212,800.00     5.25        931   10/1/2004           80      0-29      6ML        3.375
34660795         359       58,800.00   58,758.49     7.75     421.26   10/1/2004          100      0-29      6ML        6.375
4000172326       359      198,400.00  198,400.00     5.25        868   10/1/2004           80      0-29      6ML          3.5
35105220         179      106,400.00  106,078.65      7.5     986.35   10/1/2004           95      0-29      FIX            0
34692574         358      152,000.00  152,000.00    7.875      997.5    9/1/2004        67.56      0-29      6ML            5
35124429         359      628,000.00  628,000.00     6.75   3,532.50   10/1/2004           80      0-29      6ML        4.125
34996397         359      150,000.00  150,000.00    8.375   1,046.88   10/1/2004        83.33      0-29      6ML        6.125
34236828         359      171,900.00  171,732.92    6.125   1,044.49   10/1/2004           90      0-29      6ML        4.625
4000168923       359      142,500.00  142,396.86    7.625   1,008.61   10/1/2004           75      0-29      6ML         4.75
4000178974       359      292,500.00  292,500.00      6.5   1,584.37   10/1/2004           90      0-29      6ML        4.375
35128875         359      250,000.00  249,809.77    7.375   1,726.69   10/1/2004          100      0-29      6ML        5.625
4000163610       359      584,000.00  583,445.88     6.25   3,595.79   10/1/2004           80      0-29      6ML        3.875
34480095         359      181,600.00  181,600.00    6.125     926.92   10/1/2004           80      0-29      6ML        4.125
4000167918       359      370,450.00  370,450.00    7.375   2,276.72   10/1/2004           85      0-29      6ML          5.5
34646620         359      141,600.00  141,504.79     7.99   1,038.03   10/1/2004           80      0-29      6ML        5.875
4000165359       359       49,600.00   49,547.55    8.125     368.28   10/1/2004          100      0-29      6ML            5
34885806         359       80,100.00   80,034.34        7     532.91   10/1/2004           90      0-29      6ML          5.5
4000152650       359      709,600.00  709,600.00     5.75   3,400.17   10/1/2004           80      0-29      6ML        3.375
4000160675       359      325,000.00  324,803.11      8.5   2,498.97   10/1/2004          100      0-29      6ML        5.625
34730804         357      204,000.00  204,000.00    6.625   1,126.25   10/1/2004           80      0-29      6ML            5
35113067         359       97,600.00   97,531.11     7.75     699.22   10/1/2004           80      0-29      FIX            0
34381921         359      125,000.00  124,928.08     8.75     983.38   10/1/2004        43.86      0-29      6ML        5.625
4000171662       359      308,750.00  308,750.00      6.5   1,672.40   10/1/2004           95      0-29      6ML         4.75
35115674         359      144,050.00  144,050.00    6.125     735.26   10/1/2004        79.98      0-29      FIX            0
35228337         179       87,400.00   87,094.61    7.875     828.95   10/1/2004           95      0-29      FIX            0
35153089         359      688,000.00  688,000.00     6.25   3,583.33   10/1/2004           80      0-29      6ML        3.625
34712422         358      266,400.00  266,400.00    7.375   1,637.25    9/1/2004        81.47      0-29      6ML        5.375
34677013         357      372,650.00  372,650.00      6.5   2,018.52    9/1/2004           90      0-29      6ML          5.5
34996223         359      297,900.00  297,900.00     7.25   1,799.81   10/1/2004           90      0-29      6ML          5.5
35243849         359      159,100.00  159,100.00      6.5     861.79   10/1/2004           80      0-29      6ML          4.5
35159847         359       71,400.00   71,355.61    8.375      542.7   10/1/2004           85      0-29      6ML        6.625
4000176082       359      156,000.00  156,000.00    6.625     861.25   10/1/2004           80      0-29      6ML        4.375
4000176436       359      175,750.00  175,750.00    7.625   1,116.74   10/1/2004           95      0-29      6ML         5.75
4000177963       359      364,500.00  364,222.65    7.375   2,517.51   10/1/2004           90      0-29      6ML        5.875
34962233         359      113,500.00  113,413.63    7.375     783.92   10/1/2004        94.98      0-29      6ML        5.625
34738203         359       60,000.00   60,000.00    7.125     356.25   10/1/2004        70.59      0-29      6ML        4.625
34933838         359      160,000.00  160,000.00     7.25     966.67   10/1/2004           80      0-29      6ML         4.75
4000165881       359      106,200.00  106,200.00    6.625     586.31   10/1/2004           90      0-29      6ML         5.25
4000166215       359      304,000.00  304,000.00     5.75   1,456.67   10/1/2004           80      0-29      6ML            4
4000158972       179       92,000.00   91,687.01    6.125     782.57   10/1/2004        61.74      0-29      FIX            0
4000164559       359      315,000.00  315,000.00     6.75   1,771.88   10/1/2004           90      0-29      6ML        5.125
33881731         358       69,750.00   69,656.07        8     511.81    9/1/2004           90      0-29      6ML        5.875
35244524         359       58,400.00   58,333.01     5.25     322.49   10/1/2004           80      0-29      6ML          4.5
34965335         359      138,600.00  138,600.00     6.99     807.35   10/1/2004           90      0-29      6ML          5.5
4000175257       359      225,000.00  224,806.28     6.75   1,459.35   10/1/2004           75      0-29      6ML         4.75
4000175272       359      328,000.00  328,000.00    8.375   2,289.17   10/1/2004          100      0-29      6ML        6.375
35204023         358      216,000.00  216,000.00    5.625   1,012.50   10/1/2004           80      0-29      6ML        3.375
34754937         359      423,000.00  422,716.17        8   3,103.83   10/1/2004           90      0-29      6ML        6.125
35108794         179       90,400.00   89,802.18      6.5     787.49   10/1/2004           80      0-29      FIX            0
4000149370       359      319,950.00  319,950.00    5.375   1,433.11   10/1/2004           80      0-29      6ML        3.375
35243286         359      333,450.00  333,176.13     6.99   2,216.22   10/1/2004           95      0-29      6ML        5.875
33017633         359       69,900.00   69,845.46     7.25     476.85   10/1/2004        88.48      0-29      6ML        5.625
34989459         359      207,000.00  206,880.90     8.75   1,628.48   10/1/2004           90      0-29      6ML        7.625
34737957         359       85,400.00   85,335.01    7.375     589.84   10/1/2004        89.99      0-29      6ML         5.25
35108737         359       72,000.00   71,951.68        8     528.32   10/1/2004           80      0-29      FIX            0
35192855         359      488,000.00  487,569.45    6.625   3,124.72   10/1/2004        79.87      0-29      6ML        4.875
34377861         359      295,000.00  294,757.71     6.99   1,960.67   10/1/2004        69.41      0-29      6ML        4.875
35282326         359       30,000.00   29,982.73     8.75     236.02   10/1/2004        14.15      0-29      FIX            0
35129196         359      875,000.00  874,169.76     6.25   5,387.53   10/1/2004        79.55      0-29      6ML        4.125
34832188         359      164,800.00  164,800.00    6.125     841.17   10/1/2004           80      0-29      6ML         4.25
34979690         359       87,200.00   87,111.09    5.875     515.83   10/1/2004           80      0-29      6ML        4.125
4000156450       359      276,000.00  275,704.94    5.625   1,588.81   10/1/2004           80      0-29      6ML            4
35154426         359      144,136.00  144,136.00    7.125     855.81   10/1/2004           80      0-29      6ML        5.125
4000173805       359      535,500.00  535,500.00    6.375   2,844.84   10/1/2004           90      0-29      6ML         4.75
35130673         359      155,000.00  154,882.05    7.375   1,070.55   10/1/2004          100      0-29      6ML         5.75
4000172597       359      299,000.00  298,754.92        7   1,989.25   10/1/2004        53.39      0-29      6ML        4.125
34274530         177       50,000.00   49,563.61        8     477.83    9/1/2004        76.92      0-29      FIX            0
33019712         359      132,700.00  132,593.88    7.125     894.03   10/1/2004        79.99      0-29      6ML            5
33778143         359      292,500.00  292,288.29    7.625   2,070.30   10/1/2004           90      0-29      6ML         5.25
34868257         360       47,900.00   47,900.00    8.125     324.32   11/1/2004        79.97      0-29      6ML         5.25
35142439         359      190,000.00  189,848.06    7.125   1,280.07   10/1/2004           95      0-29      6ML         4.75
35228477         359      204,000.00  204,000.00    5.875     998.75   10/1/2004           80      0-29      6ML          3.5
35159151         359      134,900.00  134,822.39     8.75   1,061.26   10/1/2004          100      0-29      FIX            0
35232081         359      189,000.00  189,000.00        6        945   10/1/2004           90      0-29      6ML        4.125
35134972         359       76,000.00   75,939.22    7.125     512.03   10/1/2004           80      0-29      6ML          3.5
33878885         359       62,000.00   61,960.46     8.25     465.79   10/1/2004        89.86      0-29      6ML         6.25
34856955         359      110,000.00  109,920.38    7.625     778.58   10/1/2004        70.97      0-29      6ML         5.25
35302009         359      183,900.00  183,900.00      6.5     996.13   10/1/2004        79.99      0-29      6ML         4.75
34081976         359      325,000.00  325,000.00      6.5   1,760.42   10/1/2004          100      0-29      6ML        5.125
34355578         358      400,000.00  398,794.21     5.99   1,996.67    9/1/2004           80      0-29      6ML        4.125
35076595         359       74,400.00   74,400.00    6.625     410.75   10/1/2004           80      0-29      6ML          4.5
35111871         179      126,400.00  126,014.04    7.375   1,162.79   10/1/2004           80      0-29      FIX            0
34741702         359      118,800.00  118,722.28    8.125     882.09   10/1/2004           90      0-29      6ML        6.125
35071182         359      152,000.00  152,000.00     5.75     728.33   10/1/2004           80      0-29      6ML        3.625
34380998         359      346,750.00  346,750.00     6.99   2,019.82   10/1/2004           95      0-29      6ML        5.375
35232693         359      243,000.00  243,000.00     8.25   1,670.63   10/1/2004        78.39      0-29      6ML         6.75
35343292         359      132,000.00  132,000.00     5.75      632.5   10/1/2004           80      0-29      6ML        4.125
4000178614       359      188,760.00  188,760.00    5.875     924.14   10/1/2004           80      0-29      6ML            4
34735969         359      278,800.00  278,800.00    5.875   1,364.96   10/1/2004           80      0-29      6ML            4
35002070         359      259,350.00  259,350.00     6.25   1,350.78   10/1/2004           95      0-29      6ML        4.875
34746750         359      169,150.00  169,036.50        8   1,241.17   10/1/2004           85      0-29      6ML        6.625
35190859         359      457,000.00  456,624.66     6.99   3,037.37   10/1/2004         91.4      0-29      6ML         5.75
4000174433       359      207,100.00  206,888.86    5.875   1,225.07   10/1/2004           95      0-29      6ML            5
34854604         358      195,500.00  195,177.92     6.99   1,299.36    9/1/2004           85      0-29      6ML            5
35182500         359      704,000.00  704,000.00     5.99   3,514.13   10/1/2004           80      0-29      6ML          3.5
4000169559       359       72,000.00   72,000.00     5.75        345   10/1/2004        94.99      0-29      6ML          4.5
34941492         359      272,000.00  272,000.00      6.5   1,473.33   10/1/2004           80      0-29      6ML        4.125
35085075         359       85,500.00   85,448.20      8.5     657.43   10/1/2004        84.65      0-29      6ML            7
4000167868       359       98,800.00   98,800.00     8.25     679.25   10/1/2004           95      0-29      6ML        6.375
35243054         359       61,750.00   61,710.62     8.25     463.91   10/1/2004           95      0-29      6ML         6.75
35323401         359      165,750.00  165,750.00     7.25   1,001.41   10/1/2004           85      0-29      6ML        4.625

<CAPTION>
             INITIAL  PERIODIC                           PREPAYMENT
  LOANID       CAP      CAP       FLOOR    CEILING          TERM                                PREPAYMENT PENALTY
--------------------------------------------------------------------------------------------------------------------------
<S>             <C>      <C>      <C>       <C>              <C>                        <C>
34736736        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
4000163532      3        1          5.5       11.5           24                              6 mo.s interest less 20% obal
34440974        3        1            9         15            0                                                       None
35034495        3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
4000105495      3        1         5.25      11.25           24                              6 mo.s interest less 20% obal
34660795        3        1         7.75      13.75           24                                                 2% prepaid
4000172326      3        1         5.25      11.25           36                              6 mo.s interest less 20% obal
35105220        0        0            0          0           36                              6 mo.s interest less 20% obal
34692574        3        1        7.875     13.875           12                              6 mo.s interest less 20% obal
35124429        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
34996397        3        1        8.375     14.375           12                         min (2% prepaid, 60 days interest)
34236828        3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
4000168923      3        1        7.625     13.625           36                              6 mo.s interest less 20% obal
4000178974      3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
35128875        3        1        7.375     13.375           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000163610      3        1         6.25      12.25           12                              6 mo.s interest less 20% obal
34480095        3        1        6.125     12.125           36                              6 mo.s interest less 20% obal
4000167918      3        1        7.375     13.375           24                              6 mo.s interest less 20% obal
34646620        3        1         7.99      13.99           24                              6 mo.s interest less 20% obal
4000165359      3        1        8.125     14.125           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34885806        3        1            7         13           24                              6 mo.s interest less 20% obal
4000152650      3        1         5.75      11.75           36                              6 mo.s interest less 20% obal
4000160675      3        1          8.5       14.5            0                                                       None
34730804        3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
35113067        0        0            0          0            0                                                       None
34381921        3        1         8.75      14.75            0                                                       None
4000171662      3        1          6.5       12.5           36                              6 mo.s interest less 20% obal
35115674        0        0            0          0           36                              6 mo.s interest less 20% obal
35228337        0        0            0          0           36                              6 mo.s interest less 20% obal
35153089        3        1         6.25      12.25            0                                                       None
34712422        3        1        7.375     13.375           24                              6 mo.s interest less 20% obal
34677013        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
34996223        3        1         7.25      13.25           36                         min (2% prepaid, 60 days interest)
35243849        3        1          6.5       12.5           36                              6 mo.s interest less 20% obal
35159847        3        1        8.375     14.375           24                              6 mo.s interest less 20% obal
4000176082      3        1        6.625     12.625           36                              6 mo.s interest less 20% obal
4000176436      3        1        7.625     13.625           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000177963      3        1        7.375     13.375            0                                                       None
34962233        3        1        7.375     13.375           24                              6 mo.s interest less 20% obal
34738203        3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
34933838        3        1         7.25      13.25           12                              6 mo.s interest less 20% obal
4000165881      3        1        6.625     12.625           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000166215      3        1         5.75      11.75           24                              6 mo.s interest less 20% obal
4000158972      0        0            0          0           36                                                 1% prepaid
4000164559      3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
33881731        3        1            8         14           24                              6 mo.s interest less 20% obal
35244524        3        1         5.25      11.25            0                                                       None
34965335        3        1         6.99      12.99           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000175257      3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
4000175272      3        1        8.375     14.375           36                              6 mo.s interest less 20% obal
35204023        3        1        5.625     11.625           24                              6 mo.s interest less 20% obal
34754937        3        1            8         14           24                              6 mo.s interest less 20% obal
35108794        0        0            0          0            0                                                       None
4000149370      3        1        5.375     11.375           36                              6 mo.s interest less 20% obal
35243286        3        1         6.99      12.99           24                              6 mo.s interest less 20% obal
33017633        3        1         7.25      13.25           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34989459        3        1         8.75      14.75           36                         min (2% prepaid, 60 days interest)
34737957        3        1        7.375     13.375           24                              6 mo.s interest less 20% obal
35108737        0        0            0          0            0                                                       None
35192855        3        1        6.625     12.625           36                              6 mo.s interest less 20% obal
34377861        3        1         6.99      12.99            0                                                       None
35282326        0        0            0          0            0                                                       None
35129196        3        1         6.25      12.25           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34832188        3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
34979690        3        1        5.875     11.875           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000156450      3        1        5.625     11.625           36                              6 mo.s interest less 20% obal
35154426        3        1        7.125     13.125            0                                                       None
4000173805      3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
35130673        3        1        7.375     13.375           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000172597      3        1            7         13            0                                                       None
34274530        0        0            0          0            0                                                       None
33019712        3        1        7.125     13.125           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
33778143        3        1        7.625     13.625            0                                                       None
34868257        3        1        8.125     14.125            0                                                       None
35142439        3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
35228477        3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
35159151        0        0            0          0            0                                                       None
35232081        1        1            6         12           24                              6 mo.s interest less 20% obal
35134972        3        1        7.125     13.125           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
33878885        3        1         8.25      14.25           24                                                 2% prepaid
34856955        3        1        7.625     13.625           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35302009        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
34081976        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
34355578        3        1         5.99      11.99           24                              6 mo.s interest less 20% obal
35076595        3        1        6.625     12.625            0                                                       None
35111871        0        0            0          0            0                                                       None
34741702        3        1        8.125     14.125           24                              6 mo.s interest less 20% obal
35071182        3        1         5.75      11.75            0                                                       None
34380998        3        1         6.99      12.99            0                                                       None
35232693        3        1         8.25      14.25           24                              6 mo.s interest less 20% obal
35343292        3        1         5.75      11.75           36                              6 mo.s interest less 20% obal
4000178614      3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
34735969        3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
35002070        1        1         6.25      12.25           24                              6 mo.s interest less 20% obal
34746750        3        1            8         14           24                              6 mo.s interest less 20% obal
35190859        3        1         6.99      12.99           24                              6 mo.s interest less 20% obal
4000174433      3        1        5.875     11.875           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34854604        3        1         6.99      12.99           12                              3%/2%/1%-1st yr/2nd yr/3rd yr
35182500        3        1         5.99      11.99           24                              6 mo.s interest less 20% obal
4000169559      1        1         5.75      11.75            0                                                       None
34941492        3        1          6.5       12.5            0                                                       None
35085075        3        1          8.5       14.5           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000167868      3        1         8.25      14.25           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35243054        3        1         8.25      14.25           24                              6 mo.s interest less 20% obal
35323401        3        1         7.25      13.25           12                              6 mo.s interest less 20% obal

<CAPTION>
                                              PAYMENT
              FIRST RATE      RATE RESET       RESET                                  MI
  LOANID      RESET DATE       FREQUENCY     FREQUENCY  PURPOSE   DIV  IO    IOTERM  FLAG
-----------------------------------------------------------------------------------------
<S>           <C>                  <C>            <C>  <C>         <C>  <C>    <C>    <C>
34736736        8/1/2006           6              6    C/O Refi    N    Y      60     N
4000163532      9/1/2006           6              6    Purchase    N    Y      60     N
34440974        8/1/2007           6              6    R/T Refi    N    Y      60     N
35034495        9/1/2006           6              6    Purchase    N    Y      60     N
4000105495      9/1/2009           6              6    Purchase    N    Y      60     N
34660795        9/1/2006           6              6    Purchase    N    N       0     N
4000172326      9/1/2007           6              6    Purchase    N    Y      60     N
35105220      00/00/0000           0              0    R/T Refi    N    N       0     N
34692574        8/1/2006           6              6    Purchase    N    Y      60     N
35124429        9/1/2006           6              6    R/T Refi    N    Y      60     N
34996397        9/1/2006           6              6    C/O Refi    N    Y      60     N
34236828        9/1/2006           6              6    C/O Refi    N    N       0     Y
4000168923      9/1/2007           6              6    C/O Refi    N    N       0     N
4000178974      9/1/2006           6              6    Purchase    N    Y      60     N
35128875        9/1/2006           6              6    C/O Refi    N    N       0     N
4000163610      9/1/2006           6              6    Purchase    N    N       0     N
34480095        9/1/2007           6              6    Purchase    N    Y      60     N
4000167918      9/1/2006           6              6    Purchase    N    Y      60     N
34646620        9/1/2006           6              6    C/O Refi    N    N       0     N
4000165359      9/1/2006           6              6    Purchase    N    N       0     N
34885806        9/1/2006           6              6    C/O Refi    N    N       0     N
4000152650      9/1/2009           6              6    Purchase    N    Y      60     N
4000160675      9/1/2007           6              6    Purchase    N    N       0     N
34730804        7/1/2006           6              6    Purchase    N    Y      60     N
35113067      00/00/0000           0              0    C/O Refi    N    N       0     N
34381921        9/1/2006           6              6    C/O Refi    N    N       0     N
4000171662      9/1/2009           6              6    C/O Refi    N    Y      60     Y
35115674      00/00/0000           0              0    Purchase    N    Y      60     N
35228337      00/00/0000           0              0    R/T Refi    N    N       0     Y
35153089        9/1/2007           6              6    Purchase    N    Y      60     N
34712422        8/1/2006           6              6    C/O Refi    N    Y      60     N
34677013        7/1/2006           6              6    Purchase    N    Y      60     Y
34996223        9/1/2006           6              6    Purchase    N    Y      60     Y
35243849        9/1/2009           6              6    Purchase    N    Y      60     N
35159847        9/1/2006           6              6    Purchase    N    N       0     Y
4000176082      9/1/2009           6              6    Purchase    N    Y      60     N
4000176436      9/1/2006           6              6    Purchase    N    Y      60     N
4000177963      9/1/2006           6              6    R/T Refi    N    N       0     N
34962233        9/1/2006           6              6    Purchase    N    N       0     N
34738203        9/1/2006           6              6    Purchase    N    Y      60     N
34933838        9/1/2007           6              6    C/O Refi    N    Y      60     N
4000165881      9/1/2006           6              6    C/O Refi    N    Y      60     N
4000166215      9/1/2006           6              6    Purchase    N    Y      60     N
4000158972    00/00/0000           0              0    R/T Refi    N    N       0     N
4000164559      9/1/2006           6              6    C/O Refi    N    Y      60     Y
33881731        8/1/2006           6              6    Purchase    N    N       0     Y
35244524        9/1/2007           6              6    C/O Refi    N    N       0     N
34965335        9/1/2006           6              6    C/O Refi    N    Y      60     N
4000175257      9/1/2006           6              6    R/T Refi    N    N       0     N
4000175272      9/1/2009           6              6    Purchase    N    Y      60     N
35204023        8/1/2006           6              6    Purchase    N    Y      60     N
34754937        9/1/2006           6              6    C/O Refi    N    N       0     Y
35108794      00/00/0000           0              0    C/O Refi    N    N       0     N
4000149370      9/1/2007           6              6    Purchase    N    Y      60     N
35243286        9/1/2006           6              6    Purchase    N    N       0     Y
33017633        9/1/2006           6              6    C/O Refi    N    N       0     N
34989459        9/1/2007           6              6    C/O Refi    N    N       0     Y
34737957        9/1/2006           6              6    Purchase    N    N       0     Y
35108737      00/00/0000           0              0    C/O Refi    N    N       0     N
35192855        9/1/2007           6              6    C/O Refi    N    N       0     N
34377861        9/1/2006           6              6    C/O Refi    N    N       0     N
35282326      00/00/0000           0              0    C/O Refi    N    N       0     N
35129196        9/1/2006           6              6    Purchase    N    N       0     N
34832188        9/1/2006           6              6    Purchase    N    Y      60     N
34979690        9/1/2006           6              6    Purchase    N    N       0     N
4000156450      9/1/2007           6              6    Purchase    N    N       0     N
35154426        9/1/2007           6              6    Purchase    N    Y      60     N
4000173805      9/1/2006           6              6    Purchase    N    Y      60     N
35130673        9/1/2006           6              6    C/O Refi    N    N       0     N
4000172597      9/1/2006           6              6    R/T Refi    N    N       0     N
34274530      00/00/0000           0              0    C/O Refi    N    N       0     N
33019712        9/1/2006           6              6    Purchase    N    N       0     N
33778143        9/1/2007           6              6    Purchase    N    N       0     Y
34868257       10/1/2006           6              6    Purchase    N    Y      60     N
35142439        9/1/2006           6              6    Purchase    N    N       0     Y
35228477        9/1/2009           6              6    Purchase    N    Y      60     N
35159151      00/00/0000           0              0    Purchase    N    N       0     N
35232081        3/1/2005           6              6    Purchase    N    Y      60     Y
35134972        9/1/2006           6              6    C/O Refi    N    N       0     N
33878885        9/1/2006           6              6    C/O Refi    N    N       0     Y
34856955        9/1/2006           6              6    C/O Refi    N    N       0     N
35302009        9/1/2006           6              6    Purchase    N    Y      60     N
34081976        9/1/2006           6              6    Purchase    N    Y      60     N
34355578        8/1/2006           6              6    Purchase    N    Y      60     N
35076595        9/1/2007           6              6    Purchase    N    Y      60     N
35111871      00/00/0000           0              0    C/O Refi    N    N       0     N
34741702        9/1/2006           6              6    C/O Refi    N    N       0     Y
35071182        9/1/2006           6              6    Purchase    N    Y      60     N
34380998        9/1/2007           6              6    Purchase    N    Y      60     N
35232693        9/1/2006           6              6    Purchase    N    Y      60     N
35343292        9/1/2006           6              6    Purchase    N    Y      60     N
4000178614      9/1/2006           6              6    Purchase    N    Y      60     N
34735969        9/1/2006           6              6    Purchase    N    Y      60     N
35002070        3/1/2005           6              6    C/O Refi    N    Y      60     Y
34746750        9/1/2006           6              6    R/T Refi    N    N       0     Y
35190859        9/1/2006           6              6    C/O Refi    N    N       0     Y
4000174433      9/1/2006           6              6    R/T Refi    N    N       0     Y
34854604        8/1/2006           6              6    C/O Refi    N    N       0     N
35182500        9/1/2006           6              6    Purchase    N    Y      60     N
4000169559      3/1/2005           6              6    Purchase    N    Y      60     Y
34941492        9/1/2006           6              6    Purchase    N    Y      60     N
35085075        9/1/2006           6              6    C/O Refi    N    N       0     Y
4000167868      9/1/2006           6              6    R/T Refi    N    Y      60     Y
35243054        9/1/2006           6              6    Purchase    N    N       0     Y
35323401        9/1/2006           6              6    Purchase    N    Y      60     Y
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
                                                          PROPERTY                    ORIGINAL ORIGINATION  FIRST PAY   MATURITY
  LOANID              CITY                 ZIP    STATE     TYPE       OCCUPANCY        TERM      DATE        DATE        DATE
--------------------------------------------------------------------------------------------------------------------------------
<S>           <C>                         <C>       <C>   <C>        <C>                <C>     <C>         <C>         <C>
34963876      PHOENIXVILLE                19460     PA       PUD     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
4000153586    FOLKSTON                    31537     GA       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34527325      OOLOGAH                     74053     OK       SFR     Owner Occupied     360      8/5/2004    9/1/2004   8/1/2034
34648246      SAINT LOUIS                 63134     MO       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
34997726      SAINT PAUL                  55102     MN       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34922286      MEDFORD                     97501     OR       SFR       Second Home      360     8/20/2004   10/1/2004   9/1/2034
35034131      SAN BERNARDINO              92405     CA       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35213735      SAN DIEGO                   92139     CA       PUD     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
4000163010    GREAT NECK                  11023     NY       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
35285402      BRICK                        8723     NJ       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
34969006      AKRON                       44313     OH       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34419887      GRESHAM                     97030     OR       SFR     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
4000176631    BAKERSFIELD                 93312     CA       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
4000175578    HEMPSTEAD                   11550     NY       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000172442    PATTERSON                   95363     CA       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000170867    HIALEAH                     33013     FL       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
4000174640    CORONA                      92882     CA       SFR        Investor        360     8/26/2004   10/1/2004   9/1/2034
35208180      FONTANA                     92336     CA       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35323831      PORTLAND                    97211     OR       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35342526      WINCHESTER                  22601     VA       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34963264      ALLENTOWN                   16210     PA       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
35031137      PASADENA                    91104     CA      Condo    Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
35009604      LONGMONT                    80501     CO       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
4000168624    WORCESTER                    1602     MA       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
34861427      SCHAUMBURG                  60193     IL       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
34372821      LYNDHURST                    7071     NJ    Units 2-4  Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
34236133      MESA                        85204     AZ       SFR     Owner Occupied     360      8/3/2004    9/1/2004   8/1/2034
35144625      SMYRNA                      30082     GA       SFR     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
33476433      STOCKTON                    95206     CA       SFR     Owner Occupied     360     7/26/2004    9/1/2004   8/1/2034
35036177      PALMDALE                    93551     CA       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000163853    LAKE STEVENS                98258     WA       SFR     Owner Occupied     360     7/26/2004    9/1/2004   8/1/2034
34737866      HIGHLAND                    84003     UT       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
35107978      LANCASTER                   75146     TX       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
34799817      ESCONDIDO                   92029     CA       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
34745091      LANHAM                      20706     MD       SFR     Owner Occupied     360     7/26/2004    9/1/2004   8/1/2034
35383504      SANTA FE                    87057     NM       PUD     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
34862508      DELANSON                    12053     NY       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
35072917      COLUMBIA                    29229     SC       PUD     Owner Occupied     360      8/6/2004    9/1/2004   8/1/2034
35122647      ITASCA                      60143     IL       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34672865      PALOS VERDES ESTATES        90274     CA       SFR     Owner Occupied     360     6/15/2004    8/1/2004   7/1/2034
4000152288    LITTLE FERRY                 7643     NJ       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34966176      CINCINNATI                  45205     OH       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
4000168644    MONROE                      48161     MI       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
4000167753    DEARBORN                    48126     MI       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
35132133      FORT WAYNE                  46804     IN       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
35110535      SMITHVILLE                  78957     TX       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
34937441      CAMAS                       98607     WA       PUD     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
4000179215    SUGAR LAND                  77479     TX       PUD     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34759738      LEESBURG                    20175     VA       PUD     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
35010776      LAKEWOOD                    80226     CO       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
4000167053    PEMBROKE PINES              33029     FL       PUD     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
34855494      FORT WAYNE                  46807     IN       SFR     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
4000171891    CHICOPEE                     1013     MA       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34865659      T/O COLONIE WATERVLIET      12189     NY       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35364520      PROVO                       84601     UT       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
4000177386    OAKLAND                     94605     CA       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35262062      PALM DESERT                 92260     CA      Condo       Investor        360     8/10/2004   10/1/2004   9/1/2034
35029768      LONG BEACH                  90807     CA      Condo    Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
35224799      JACKSONVILLE                32218     FL       PUD     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
35146471      MEMPHIS                     38118     TN       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
4000164483    FRESNO                      93728     CA       SFR     Owner Occupied     360     7/27/2004   10/1/2004   9/1/2034
35249176      SEABROOK                    77586     TX       SFR       Second Home      360     8/24/2004   10/1/2004   9/1/2034
4000174477    LONG BEACH                  11561     NY    Units 2-4     Investor        360     8/18/2004   10/1/2004   9/1/2034
35031202      LOS ANGELES                 90044     CA    Units 2-4  Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
4000161959    FAIRFIELD                   94533     CA       PUD     Owner Occupied     360     7/12/2004    9/1/2004   8/1/2034
35107606      HOUSTON                     77062     TX       PUD     Owner Occupied     360      8/2/2004    9/1/2004   8/1/2034
35034818      PANORAMA CITY               91402     CA    Units 2-4  Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
34658930      CREVE COEUR                 63141     MO       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
33016171      LOSANTVILLE                 47354     IN       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35265834      UPLAND                      91784     CA       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
35403047      FRANKLIN                    37069     TN       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34722686      ELIZABETH                   80107     CO       PUD     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34963520      MOUNT PLEASANT              15666     PA       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34081034      LANCASTER                   93536     CA       SFR       Second Home      360     8/26/2004   10/1/2004   9/1/2034
34866418      WHITEHALL                   12887     NY       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
34899047      MOBILE                      36607     AL       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
35145564      STONE MOUNTAIN              30088     GA       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
4000174164    FREMONT                     94536     CA      Condo    Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35158641      MEMPHIS                     38135     TN       PUD     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
35232438      OSPREY                      34229     FL      Condo    Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
4000170531    WOODBRIDGE                  22192     VA       PUD     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
35030006      CASTAIC                     91384     CA       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
35110162      LIVE OAK                    78233     TX       PUD     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
35158849      SUGAR HILL                  30518     GA       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
4000175410    POMPANO BEACH               33068     FL       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
4000162717    WEED                        96094     CA       PUD     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
35302983      LAS VEGAS                   89120     NV       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
34237982      COTTONWOOD                  86326     AZ       PUD     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
34756502      ALEXANDRIA                  22307     VA    Units 2-4  Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
35363787      SALT LAKE CITY              84104     UT       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
4000177999    SAN ANTONIO                 78250     TX       PUD     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34081455      LAS VEGAS                   89104     NV       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
35264241      YUCAIPA                     92399     CA       SFR     Owner Occupied     360      8/8/2004   10/1/2004   9/1/2034
35124890      LAKE VILLA                  60046     IL       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34021477      SAN ANTONIO                 78209     TX       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
34932897      HILLSBORO                   97124     OR       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
34699967      PORT SAINT LUCIE            34953     FL       SFR     Owner Occupied     360     7/27/2004    9/1/2004   8/1/2034
4000170742    LIBERTY                     45427     OH       PUD     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
34380386      PHILADELPHIA                19149     PA       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
4000163995    DETROIT                     48221     MI       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
34964916      NORTH VERNON                47256     IN       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35122332      BARTONVILLE                 61607     IL       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35151273      KNOXVILLE                   37918     TN       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34915967      MEMPHIS                     38115     TN       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
35016864      LITTLETON                   80126     CO       PUD     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034

<CAPTION>
                                                                                      ORIGINAL
                                                                                      COMBAINED
              REMAINING     ORIGINAL   SCHEDULED                       PAID THRU       LOAN TO      OTS
  LOANID        TERM        BALANCE     BALANCE      RATE      P&I        DATE          VALUE   DELINQUENCY INDEX       MARGIN
------------------------------------------------------------------------------------------------------------------------------
<S>              <C>      <C>         <C>           <C>     <C>        <C>              <C>        <C>       <C>        <C>
34963876         359      170,000.00  169,873.83      7.5   1,188.67   10/1/2004          100      0-29      6ML        6.375
4000153586       359       79,900.00   79,845.01    7.875     579.33   10/1/2004           85      0-29      6ML        6.125
34527325         358       63,600.00   63,484.69      6.5        402   10/1/2004           80      0-29      6ML        4.625
34648246         359       91,600.00   91,530.30    7.375     632.66   10/1/2004           80      0-29      6ML        5.625
34997726         359      128,000.00  128,000.00    6.875     733.33   10/1/2004           80      0-29      6ML        4.125
34922286         359      192,850.00  192,850.00     6.75   1,084.78   10/1/2004           95      0-29      6ML        5.125
35034131         359      108,000.00  107,917.82    7.375     745.93   10/1/2004          100      0-29      6ML         5.25
35213735         359      380,000.00  380,000.00     6.75   2,137.50   10/1/2004           95      0-29      6ML          5.5
4000163010       359      370,000.00  369,704.12    7.125   2,492.76   10/1/2004          100      0-29      6ML        5.625
35285402         359      224,900.00  224,767.22    8.625   1,749.25   10/1/2004          100      0-29      FIX            0
34969006         359      130,000.00  129,923.25    8.625   1,011.13   10/1/2004          100      0-29      6ML            5
34419887         358      160,900.00  160,897.88     6.75     905.06    9/1/2004        90.39      0-29      6ML        4.875
4000176631       359      252,000.00  252,000.00     6.25   1,312.50   10/1/2004           80      0-29      6ML          4.5
4000175578       359      245,000.00  244,794.17    6.875   1,609.48   10/1/2004        74.24      0-29      6ML        4.875
4000172442       359      197,000.00  197,000.00    6.875   1,128.65   10/1/2004        71.64      0-29      6ML            5
4000170867       359      240,000.00  240,000.00    6.875   1,375.00   10/1/2004           80      0-29      6ML            5
4000174640       359      277,600.00  277,600.00    5.999   1,387.77   10/1/2004           80      0-29      6ML          3.5
35208180         359      265,000.00  265,000.00    7.375   1,628.65   10/1/2004        66.25      0-29      6ML            5
35323831         359      250,000.00  249,852.40    8.625   1,944.48   10/1/2004          100      0-29      FIX            0
35342526         359      516,000.00  516,000.00     6.25   2,687.50   10/1/2004           80      0-29      6ML         4.75
34963264         359      129,900.00  129,803.60      7.5     908.28   10/1/2004        64.98      0-29      6ML         5.25
35031137         359      213,600.00  213,600.00    6.625   1,179.25   10/1/2004           80      0-29      6ML        4.125
35009604         359      179,200.00  179,200.00     5.75     858.67   10/1/2004           80      0-29      6ML        4.125
4000168624       359      189,000.00  188,894.04    8.875   1,503.77   10/1/2004           70      0-29      FIX            0
34861427         359      240,000.00  239,777.71    6.375   1,497.29   10/1/2004        88.89      0-29      6ML            5
34372821         359      440,000.00  439,630.34    6.875   2,890.49   10/1/2004        93.62      0-29      6ML        4.625
34236133         358      111,900.00  111,900.00    7.125     664.41    9/1/2004        79.99      0-29      6ML        5.125
35144625         358      120,000.00  119,685.46    6.875     788.32    9/1/2004           80      0-29      6ML        4.375
33476433         358      331,500.00  331,499.62      8.5   2,348.13    9/1/2004           85      0-29      6ML         6.25
35036177         359      540,000.00  540,000.00     5.75   2,587.50   10/1/2004           80      0-29      6ML        3.625
4000163853       358      180,400.00  180,400.00    6.375     958.37    9/1/2004           80      0-29      6ML            4
34737866         359      143,900.00  143,769.91      6.5     909.55   10/1/2004        79.99      0-29      6ML         4.25
35107978         359       64,800.00   64,763.67    8.875     515.58   10/1/2004           80      0-29      6ML          6.5
34799817         359      540,000.00  539,511.83      6.5   3,413.17   10/1/2004           80      0-29      FIX            0
34745091         358      300,000.00  300,000.00    7.875   1,968.75    9/1/2004        80.97      0-29      6ML        6.125
35383504         359      457,600.00  457,600.00     5.99   2,284.19   10/1/2004           80      0-29      6ML        3.625
34862508         359       65,000.00   64,955.26    7.875      471.3   10/1/2004        49.24      0-29      FIX            0
35072917         358       89,500.00   89,366.74      7.5      625.8   10/1/2004        79.98      0-29      6ML        5.375
35122647         359      262,650.00  262,650.00    5.875   1,285.89   10/1/2004           85      0-29      6ML        4.375
34672865         357      960,000.00  957,113.08     5.99   5,749.52    9/1/2004           75      0-29      6ML        3.875
4000152288       359      251,200.00  251,197.50    5.625   1,177.50   10/1/2004           80      0-29      6ML        3.875
34966176         359      113,900.00  113,829.20    8.375     865.73   10/1/2004           95      0-29      6ML         4.75
4000168644       359       52,700.00   52,668.07      8.5     405.22   10/1/2004        79.85      0-29      6ML        6.375
4000167753       359      194,750.00  194,612.55     7.75   1,395.21   10/1/2004           95      0-29      6ML        6.375
35132133         359      147,500.00  147,403.51    8.125   1,095.19   10/1/2004          100      0-29      6ML        6.125
35110535         359      134,300.00  134,209.88        8     985.45   10/1/2004           85      0-29      FIX            0
34937441         359      204,000.00  203,766.00     5.25   1,126.50   10/1/2004           80      0-29      6ML        3.875
4000179215       359      243,788.00  243,788.00    6.625   1,345.91   10/1/2004           80      0-29      6ML            4
34759738         359      366,000.00  366,000.00      7.5   2,287.50   10/1/2004        74.69      0-29      FIX            0
35010776         359      228,000.00  228,000.00     6.75   1,282.50   10/1/2004           80      0-29      6ML         4.25
4000167053       359      324,000.00  324,000.00    6.999   1,889.73   10/1/2004           90      0-29      6ML        4.875
34855494         359       35,000.00   34,972.00    7.125     235.81   10/1/2004        67.31      0-29      6ML          4.5
4000171891       359      119,500.00  119,419.82        8     876.85   10/1/2004        84.75      0-29      6ML        6.125
34865659         359       60,325.00   60,277.94     7.25     411.53   10/1/2004        71.82      0-29      6ML            5
35364520         359      123,600.00  123,600.00        6        618   10/1/2004           80      0-29      6ML        3.875
4000177386       359      252,000.00  251,755.07    6.125   1,531.18   10/1/2004           80      0-29      6ML          4.5
35262062         359      119,700.00  119,700.00    7.625     760.59   10/1/2004           90      0-29      6ML          4.5
35029768         358      217,000.00  217,000.00        6   1,085.00   10/1/2004           70      0-29      6ML        3.375
35224799         359      164,000.00  163,884.25     7.75   1,174.92   10/1/2004        89.62      0-29      6ML            6
35146471         359       78,750.00   78,712.27    9.625     669.37   10/1/2004           90      0-29      6ML        7.625
4000164483       359      164,050.00  163,915.53        7   1,091.43   10/1/2004           85      0-29      6ML        5.375
35249176         359      121,500.00  121,500.00     6.51     659.14   10/1/2004           90      0-29      6ML        5.125
4000174477       359      342,000.00  342,000.00        7   1,995.00   10/1/2004        59.79      0-29      6ML        4.125
35031202         359      280,500.00  280,500.00        8   1,870.00   10/1/2004           85      0-29      6ML        5.375
4000161959       358      270,000.00  270,000.00    6.125   1,378.13    9/1/2004           80      0-29      6ML            4
35107606         358      124,800.00  124,579.17    6.625     799.11   10/1/2004           80      0-29      6ML        4.875
35034818         359      427,500.00  427,190.59    7.625   3,025.82   10/1/2004           95      0-29      6ML         6.25
34658930         359      396,000.00  395,698.67    7.375   2,735.08   10/1/2004           90      0-29      FIX            0
33016171         359       37,500.00   37,474.00        8     275.17   11/1/2004        64.94      0-29      6ML         5.75
35265834         359      540,000.00  539,511.83      6.5   3,413.17   10/1/2004           80      0-29      6ML        4.875
35403047         359      292,000.00  292,000.00        7   1,703.33   10/1/2004           80      0-29      6ML        4.375
34722686         359      239,900.00  239,900.00    5.875   1,174.51   10/1/2004        79.99      0-29      6ML         4.25
34963520         359      160,900.00  160,771.32    7.125   1,084.02   10/1/2004          100      0-29      6ML          5.5
34081034         359      194,900.00  194,732.19     6.75   1,264.12   10/1/2004        69.99      0-29      6ML        3.125
34866418         359       65,550.00   65,486.29    6.125     398.29   10/1/2004           95      0-29      6ML        4.875
34899047         359       77,850.00   77,850.00        8        519   10/1/2004           90      0-29      6ML        6.375
35145564         359      134,900.00  134,802.36    7.625     954.82   10/1/2004           95      0-29      6ML            6
4000174164       359      257,600.00  257,600.00     5.75   1,234.33   10/1/2004           80      0-29      6ML            4
35158641         359       69,760.00   69,760.00      7.5        436   10/1/2004           80      0-29      FIX            0
35232438         359      122,550.00  122,492.82     9.75   1,052.90   10/1/2004           95      0-29      6ML         5.75
4000170531       359      209,600.00  209,600.00    4.999     873.16   10/1/2004           80      0-29      6ML        3.375
35030006         359      344,000.00  343,623.47      5.5   1,953.20   10/1/2004           80      0-29      6ML        3.625
35110162         359      120,000.00  119,888.85    6.375     748.65   10/1/2004           80      0-29      6ML        4.375
35158849         359      119,200.00  119,200.00      6.5     645.67   10/1/2004           80      0-29      6ML        4.375
4000175410       359      195,000.00  194,851.62    7.375   1,346.82   10/1/2004          100      0-29      6ML         6.25
4000162717       359      148,000.00  148,000.00     6.25     770.83   10/1/2004           80      0-29      6ML        4.125
35302983         359      128,850.00  128,850.00     6.75     724.78   10/1/2004        79.98      0-29      6ML        4.625
34237982         359      168,500.00  168,500.00    7.625   1,070.68   10/1/2004        78.74      0-29      6ML          5.5
34756502         359      205,500.00  205,335.66    7.125   1,384.50   10/1/2004           75      0-29      FIX            0
35363787         359       76,800.00   76,800.00     5.99     383.36   10/1/2004           80      0-29      6ML        4.375
4000177999       359      125,000.00  124,892.38     6.75     810.75   10/1/2004          100      0-29      FIX            0
34081455         359      133,000.00  133,000.00    7.375      817.4   10/1/2004           95      0-29      6ML        5.375
35264241         359      459,800.00  459,800.00     6.75   2,586.38   10/1/2004           95      0-29      6ML         5.25
35124890         359      168,550.00  168,431.03     7.75   1,207.52   10/1/2004        79.13      0-29      6ML        5.875
34021477         359      169,000.00  168,850.89    6.625   1,082.13   10/1/2004        79.72      0-29      6ML          4.5
34932897         359      197,600.00  197,425.66    6.625   1,265.26   10/1/2004        91.91      0-29      6ML         5.25
34699967         358      147,700.00  147,549.61    9.375   1,228.50    9/1/2004        94.97      0-29      6ML        5.625
4000170742       359      251,650.00  251,650.00    5.375   1,127.18   10/1/2004           80      0-29      6ML        3.375
34380386         359       51,300.00   51,265.57        8     376.43   10/1/2004           95      0-29      6ML          6.5
4000163995       359       99,900.00   99,900.00      8.5     707.63   10/1/2004           90      0-29      6ML        6.625
34964916         359       80,750.00   80,750.00    7.875     529.92   10/1/2004           85      0-29      6ML         6.25
35122332         359      220,100.00  219,919.58        7   1,464.34   10/1/2004        84.98      0-29      6ML         5.75
35151273         359       59,200.00   59,159.25    7.875     429.25   10/1/2004           80      0-29      6ML            6
34915967         359       89,600.00   89,600.00      7.5        560   10/1/2004           80      0-29      FIX            0
35016864         359      491,200.00  491,200.00      5.5   2,251.33   10/1/2004           80      0-29      6ML        3.375

<CAPTION>
             INITIAL  PERIODIC                           PREPAYMENT
  LOANID       CAP      CAP       FLOOR    CEILING          TERM                                PREPAYMENT PENALTY
--------------------------------------------------------------------------------------------------------------------------
<S>             <C>      <C>      <C>       <C>              <C>                        <C>
34963876        3        1          7.5       13.5           36                              6 mo.s interest less 20% obal
4000153586      3        1        7.875     13.875            0                                                       None
34527325        3        1          6.5       12.5           36                              6 mo.s interest less 20% obal
34648246        3        1        7.375     13.375           12                                                 2% prepaid
34997726        3        1        6.875     12.875           36                         min (2% prepaid, 60 days interest)
34922286        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
35034131        3        1        7.375     13.375           24                              6 mo.s interest less 20% obal
35213735        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
4000163010      3        1        7.125     13.125            0                                                       None
35285402        0        0            0          0            0                                                       None
34969006        3        1        8.625     14.625           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34419887        3        1         6.75      12.75           36                              6 mo.s interest less 20% obal
4000176631      3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
4000175578      3        1        6.875     12.875            0                                                       None
4000172442      3        1        6.875     12.875           36                              6 mo.s interest less 20% obal
4000170867      3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
4000174640      3        1        5.999     11.999           36                              6 mo.s interest less 20% obal
35208180        3        1        7.375     13.375           24                              6 mo.s interest less 20% obal
35323831        0        0            0          0            0                                                       None
35342526        3        1         6.25      12.25           36                              6 mo.s interest less 20% obal
34963264        3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
35031137        3        1        6.625     12.625           36                              6 mo.s interest less 20% obal
35009604        3        1         5.75      11.75           36                              6 mo.s interest less 20% obal
4000168624      0        0            0          0           36                                             3 mos interest
34861427        3        1        6.375     12.375           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34372821        3        1        6.875     12.875            0                                                       None
34236133        3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
35144625        3        1        6.875     12.875            0                                                       None
33476433        3        1          8.5       14.5           24                              6 mo.s interest less 20% obal
35036177        3        1         5.75      11.75           36                              6 mo.s interest less 20% obal
4000163853      3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
34737866        3        1          6.5       12.5           36                              6 mo.s interest less 20% obal
35107978        3        1        8.875     14.875            0                                                       None
34799817        0        0            0          0           36                              6 mo.s interest less 20% obal
34745091        3        1        7.875     13.875           24                              6 mo.s interest less 20% obal
35383504        3        1         5.99      11.99            0                                                       None
34862508        0        0            0          0           12                              6 mo.s interest less 20% obal
35072917        3        1          7.5       13.5            0                                                       None
35122647        3        1        5.875     11.875           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34672865        3        1         5.99      11.99           24                              6 mo.s interest less 20% obal
4000152288      3        1        5.625     11.625            0                                                       None
34966176        3        1        8.375     14.375           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000168644      3        1          8.5       14.5           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000167753      3        1         7.75      13.75           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35132133        3        1        8.125     14.125           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35110535        0        0            0          0           36                              6 mo.s interest less 20% obal
34937441        3        1         5.25      11.25           36                              6 mo.s interest less 20% obal
4000179215      3        1        6.625     12.625           12                              6 mo.s interest less 20% obal
34759738        0        0            0          0           36                              6 mo.s interest less 20% obal
35010776        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
4000167053      3        1        6.999     12.999           24                              6 mo.s interest less 20% obal
34855494        3        1        7.125     13.125           12                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000171891      3        1            8         14           24                              6 mo.s interest less 20% obal
34865659        3        1         7.25      13.25            0                                                       None
35364520        3        1            6         12           24                              6 mo.s interest less 20% obal
4000177386      3        1        6.125     12.125           36                              6 mo.s interest less 20% obal
35262062        3        1        7.625     13.625            0                                                       None
35029768        3        1            6         12           24                              6 mo.s interest less 20% obal
35224799        1        1         7.75      13.75           24                              6 mo.s interest less 20% obal
35146471        3        1        9.625     15.625           24                              6 mo.s interest less 20% obal
4000164483      3        1            7         13           24                              6 mo.s interest less 20% obal
35249176        3        1         6.51      12.51           36                              6 mo.s interest less 20% obal
4000174477      3        1            7         13            0                                                       None
35031202        3        1            8         14           24                              6 mo.s interest less 20% obal
4000161959      3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
35107606        3        1        6.625     12.625           36                              6 mo.s interest less 20% obal
35034818        3        1        7.625     13.625           36                              6 mo.s interest less 20% obal
34658930        0        0            0          0           36                                                 2% prepaid
33016171        3        1            8         14           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35265834        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
35403047        3        1            7         13           36                              6 mo.s interest less 20% obal
34722686        3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
34963520        3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
34081034        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
34866418        3        1        6.125     12.125            0                                                       None
34899047        3        1            8         14           24                              6 mo.s interest less 20% obal
35145564        3        1        7.625     13.625            0                                                       None
4000174164      3        1         5.75      11.75           36                              6 mo.s interest less 20% obal
35158641        0        0            0          0           36                              6 mo.s interest less 20% obal
35232438        3        1         9.75      15.75           24                              6 mo.s interest less 20% obal
4000170531      3        1        4.999     10.999           36                              6 mo.s interest less 20% obal
35030006        3        1          5.5       11.5           24                              6 mo.s interest less 20% obal
35110162        3        1        6.375     12.375           36                              6 mo.s interest less 20% obal
35158849        3        1          6.5       12.5            0                                                       None
4000175410      3        1        7.375     13.375           24                              6 mo.s interest less 20% obal
4000162717      3        1         6.25      12.25           36                              6 mo.s interest less 20% obal
35302983        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
34237982        3        1        7.625     13.625           36                              6 mo.s interest less 20% obal
34756502        0        0            0          0           36                              6 mo.s interest less 20% obal
35363787        3        1         5.99      11.99           36                              6 mo.s interest less 20% obal
4000177999      0        0            0          0           36                              6 mo.s interest less 20% obal
34081455        3        1        7.375     13.375           24                              6 mo.s interest less 20% obal
35264241        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
35124890        3        1         7.75      13.75           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34021477        3        1        6.625     12.625            0                                                       None
34932897        3        1        6.625     12.625           36                              6 mo.s interest less 20% obal
34699967        3        1        9.375     15.375           24                              6 mo.s interest less 20% obal
4000170742      3        1        5.375     11.375           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34380386        3        1            8         14           24                              6 mo.s interest less 20% obal
4000163995      3        1          8.5       14.5           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34964916        3        1        7.875     13.875           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35122332        3        1            7         13           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35151273        3        1        7.875     13.875           24                              6 mo.s interest less 20% obal
34915967        0        0            0          0           36                              6 mo.s interest less 20% obal
35016864        3        1          5.5       11.5           24                              6 mo.s interest less 20% obal

<CAPTION>
                                              PAYMENT
              FIRST RATE      RATE RESET       RESET                                  MI
  LOANID      RESET DATE       FREQUENCY     FREQUENCY  PURPOSE   DIV  IO    IOTERM  FLAG
-----------------------------------------------------------------------------------------
<S>           <C>                  <C>            <C>  <C>         <C>  <C>    <C>    <C>
34963876        9/1/2007           6              6    Purchase    N    N       0     N
4000153586      9/1/2006           6              6    Purchase    N    N       0     Y
34527325        8/1/2007           6              6    Purchase    N    N       0     N
34648246        9/1/2006           6              6    Purchase    N    N       0     N
34997726        9/1/2009           6              6    C/O Refi    N    Y      60     N
34922286        9/1/2006           6              6    Purchase    N    Y      60     Y
35034131        9/1/2006           6              6    C/O Refi    N    N       0     N
35213735        9/1/2006           6              6    Purchase    N    Y      60     Y
4000163010      9/1/2007           6              6    Purchase    N    N       0     N
35285402      00/00/0000           0              0    Purchase    N    N       0     N
34969006        9/1/2007           6              6    Purchase    N    N       0     N
34419887        8/1/2009           6              6    C/O Refi    N    Y      60     Y
4000176631      9/1/2006           6              6    Purchase    N    Y      60     N
4000175578      9/1/2007           6              6    C/O Refi    N    N       0     N
4000172442      9/1/2007           6              6    C/O Refi    N    Y      60     N
4000170867      9/1/2006           6              6    Purchase    N    Y      60     N
4000174640      9/1/2007           6              6    C/O Refi    N    Y      60     N
35208180        9/1/2006           6              6    C/O Refi    N    Y      60     N
35323831      00/00/0000           0              0    C/O Refi    N    N       0     N
35342526        9/1/2006           6              6    Purchase    N    Y      60     N
34963264        9/1/2006           6              6    Purchase    N    N       0     N
35031137        9/1/2009           6              6    Purchase    N    Y      60     N
35009604        9/1/2007           6              6    Purchase    N    Y      60     N
4000168624    00/00/0000           0              0    C/O Refi    N    N       0     N
34861427        9/1/2006           6              6    R/T Refi    N    N       0     N
34372821        9/1/2006           6              6    Purchase    N    N       0     Y
34236133        8/1/2006           6              6    Purchase    N    Y      60     N
35144625        8/1/2007           6              6    C/O Refi    N    N       0     N
33476433        8/1/2006           6              6    R/T Refi    N    Y      60     N
35036177        9/1/2009           6              6    Purchase    N    Y      60     N
4000163853      8/1/2009           6              6    Purchase    N    Y      60     N
34737866        9/1/2009           6              6    Purchase    N    N       0     N
35107978        9/1/2006           6              6    C/O Refi    N    N       0     N
34799817      00/00/0000           0              0    Purchase    N    N       0     N
34745091        8/1/2006           6              6    C/O Refi    N    Y      60     N
35383504        9/1/2009           6              6    Purchase    N    Y      60     N
34862508      00/00/0000           0              0    C/O Refi    N    N       0     N
35072917        8/1/2006           6              6    Purchase    N    N       0     N
35122647        9/1/2006           6              6    Purchase    N    Y      60     Y
34672865        7/1/2006           6              6    Purchase    N    N       0     N
4000152288      9/1/2009           6              6    Purchase    N    Y      60     N
34966176        9/1/2006           6              6    Purchase    N    N       0     Y
4000168644      9/1/2006           6              6    C/O Refi    N    N       0     N
4000167753      9/1/2006           6              6    R/T Refi    N    N       0     N
35132133        9/1/2006           6              6    Purchase    N    N       0     N
35110535      00/00/0000           0              0    Purchase    N    N       0     Y
34937441        9/1/2007           6              6    Purchase    N    N       0     N
4000179215      9/1/2006           6              6    Purchase    N    Y      60     N
34759738      00/00/0000           0              0    C/O Refi    N    Y      60     N
35010776        9/1/2006           6              6    C/O Refi    N    Y      60     N
4000167053      9/1/2009           6              6    C/O Refi    N    Y      60     Y
34855494        9/1/2006           6              6    C/O Refi    N    N       0     N
4000171891      9/1/2006           6              6    C/O Refi    N    N       0     Y
34865659        9/1/2007           6              6    Purchase    N    N       0     N
35364520        9/1/2006           6              6    Purchase    N    Y      60     N
4000177386      9/1/2006           6              6    R/T Refi    N    N       0     N
35262062        9/1/2006           6              6    Purchase    N    Y      60     Y
35029768        8/1/2006           6              6    Purchase    N    Y      60     N
35224799        3/1/2005           6              6    C/O Refi    N    N       0     Y
35146471        9/1/2006           6              6    C/O Refi    N    N       0     Y
4000164483      9/1/2006           6              6    R/T Refi    N    N       0     N
35249176        9/1/2009           6              6    Purchase    N    Y      60     Y
4000174477      9/1/2007           6              6    C/O Refi    N    Y      60     N
35031202        9/1/2009           6              6    C/O Refi    N    Y      60     N
4000161959      8/1/2009           6              6    Purchase    N    Y      60     N
35107606        8/1/2007           6              6    Purchase    N    N       0     N
35034818        9/1/2007           6              6    C/O Refi    N    N       0     N
34658930      00/00/0000           0              0    Purchase    N    N       0     Y
33016171        9/1/2007           6              6    Purchase    N    N       0     N
35265834        9/1/2006           6              6    Purchase    N    N       0     N
35403047        9/1/2009           6              6    C/O Refi    N    Y      60     N
34722686        9/1/2006           6              6    Purchase    N    Y      60     N
34963520        9/1/2006           6              6    Purchase    N    N       0     N
34081034        9/1/2006           6              6    Purchase    N    N       0     N
34866418        9/1/2007           6              6    Purchase    N    N       0     Y
34899047        9/1/2006           6              6    Purchase    N    Y      60     Y
35145564        9/1/2006           6              6    C/O Refi    N    N       0     N
4000174164      9/1/2006           6              6    C/O Refi    N    Y      60     N
35158641      00/00/0000           0              0    Purchase    N    Y      60     N
35232438        9/1/2006           6              6    Purchase    N    N       0     Y
4000170531      9/1/2007           6              6    Purchase    N    Y      60     N
35030006        9/1/2009           6              6    Purchase    N    N       0     N
35110162        9/1/2007           6              6    Purchase    N    N       0     N
35158849        9/1/2007           6              6    Purchase    N    Y      60     N
4000175410      9/1/2006           6              6    Purchase    N    N       0     N
4000162717      9/1/2007           6              6    Purchase    N    Y      60     N
35302983        9/1/2006           6              6    Purchase    N    Y      60     N
34237982        9/1/2007           6              6    C/O Refi    N    Y      60     N
34756502      00/00/0000           0              0    C/O Refi    N    N       0     N
35363787        9/1/2006           6              6    Purchase    N    Y      60     N
4000177999    00/00/0000           0              0    Purchase    N    N       0     N
34081455        9/1/2006           6              6    Purchase    N    Y      60     N
35264241        9/1/2006           6              6    Purchase    N    Y      60     N
35124890        9/1/2006           6              6    R/T Refi    N    N       0     N
34021477        9/1/2007           6              6    C/O Refi    N    N       0     N
34932897        9/1/2007           6              6    R/T Refi    N    N       0     N
34699967        8/1/2006           6              6    Purchase    N    N       0     Y
4000170742      9/1/2007           6              6    Purchase    N    Y      60     N
34380386        9/1/2006           6              6    Purchase    N    N       0     Y
4000163995      9/1/2006           6              6    C/O Refi    N    Y      60     N
34964916        9/1/2006           6              6    Purchase    N    Y      60     N
35122332        9/1/2006           6              6    R/T Refi    N    N       0     Y
35151273        9/1/2006           6              6    Purchase    N    N       0     N
34915967      00/00/0000           0              0    C/O Refi    N    Y      60     N
35016864        9/1/2006           6              6    R/T Refi    N    Y      60     N
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
                                                          PROPERTY                    ORIGINAL ORIGINATION  FIRST PAY   MATURITY
  LOANID              CITY                 ZIP    STATE     TYPE       OCCUPANCY        TERM      DATE        DATE        DATE
--------------------------------------------------------------------------------------------------------------------------------
<S>           <C>                         <C>       <C>   <C>        <C>                <C>     <C>         <C>         <C>
35079573      WALNUT COVE                 27052     NC       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35157528      LULA                        30554     GA       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
4000166032    SHAKOPEE                    55379     MN       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
34102558      LADERA RANCH AREA           92694     CA       PUD     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
34652834      VALLEY FALLS                66088     KS       SFR     Owner Occupied     360     8/14/2004   10/1/2004   9/1/2034
34894303      ROCKLEDGE                   32955     FL       SFR       Second Home      360      8/5/2004   10/1/2004   9/1/2034
4000170857    ROCKFORD                    99030     WA       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
34527093      KANSAS CITY                 64156     MO       PUD     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
35145507      MEMPHIS                     38141     TN       SFR     Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
4000162095    YORKTOWN                    23692     VA       SFR     Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
34848408      CARPENTERSVILLE             60110     IL       SFR     Owner Occupied     360     7/27/2004    9/1/2004   8/1/2034
4000173537    CENTRALIA                   98531     WA       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34759407      CATONSVILLE                 21228     MD       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34240218      TUCSON                      85710     AZ       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
34860890      LEESBURG                    46538     IN       SFR       Second Home      360      8/3/2004   10/1/2004   9/1/2034
34934950      VANCOUVER                   98684     WA       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
4000172284    EVANSVILLE                  47714     IN       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
34759621      HYATTSVILLE                 20782     MD       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
4000161993    GARDEN CITY                 48315     MI       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
35210566      SAN DIEGO                   92103     CA      Condo    Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
35109636      AUSTIN                      78727     TX       SFR     Owner Occupied     180      8/4/2004   10/1/2004   9/1/2019
34867028      LONG BRANCH                  7740     NJ       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
35032556      SYLMAR                      91342     CA       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35129931      CHICAGO                     60618     IL    Units 2-4  Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35208404      SAN DIEGO                   92128     CA       PUD     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
34653493      SAINT LOUIS                 63114     MO       SFR        Investor        180     8/13/2004   10/1/2004   9/1/2019
34991471      SAINT PAUL                  55109     MN       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
35107960      DESOTO                      75115     TX       PUD     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
4000141303    FIRCREST                    98466     WA       PUD     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
34379651      FAIRLESS HILLS              19030     PA       SFR     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
34943639      WHITTIER AREA               90604     CA       SFR     Owner Occupied     360     7/23/2004    9/1/2004   8/1/2034
34939678      BANKS                       97106     OR       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
4000166610    WATERBURY                    6704     CT       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
35108877      FRISCO                      75035     TX       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
4000168391    LIVONIA                     48150     MI       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
4000166452    ALEXANDRIA                  22304     VA      Condo       Investor        360     8/10/2004   10/1/2004   9/1/2034
34524116      LA VISTA                    68128     NE       SFR     Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
4000168497    PUYALLUP                    98375     WA       PUD     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
35147396      NASHVILLE                   37208     TN       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
4000164566    BAKERSFIELD                 93304     CA       SFR     Owner Occupied     360     7/27/2004    9/1/2004   8/1/2034
34716621      HIGHLAND                    92346     CA       PUD     Owner Occupied     360     7/20/2004    9/1/2004   8/1/2034
35303312      LAS VEGAS                   89128     NV      Condo    Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
4000156436    ANGELS CAMP                 95222     CA       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
35026087      VENICE                      90291     CA    Units 2-4     Investor        360      8/3/2004   10/1/2004   9/1/2034
34937243      GIG HARBOR                  98335     WA       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
4000158775    HAPEVILLE                   30354     GA       SFR        Investor        360     8/19/2004   10/1/2004   9/1/2034
4000146986    MAHOPAC                     10541     NY       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
34914010      VILLA RICA                  30180     GA       SFR        Investor        360      8/3/2004    9/1/2004   8/1/2034
35033745      SIMI VALLEY                 93063     CA       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
4000167525    FREDERICK                   21701     MD       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
34660142      WARRENTON                   63383     MO       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
34931311      TALENT                      97540     OR       SFR        Investor        360      8/4/2004   10/1/2004   9/1/2034
34237529      MESA                        85207     AZ       PUD     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
34721654      HIGHLAND                    92346     CA       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
35127323      CHICAGO                     60651     IL    Units 2-4  Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
34858183      UNIVERSITY PARK             60466     IL       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
4000166759    BRIDGEPORT                   6610     CT       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
4000169672    KENT                        98031     WA       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
34718791      SAN BERNARDINO              92407     CA       SFR        Investor        360      8/6/2004   10/1/2004   9/1/2034
34720094      BAKERSFIELD                 93304     CA       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
34738732      OGDEN                       84403     UT      Condo    Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
35204650      VICTORVILLE                 92392     CA       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
4000168090    METHUEN                      1844     MA       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35285915      READING                     19606     PA       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
4000170127    BRIDGEPORT                   6606     CT       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35148899      GREENBRIER                  37073     TN       SFR     Owner Occupied     360      8/3/2004    9/1/2004   8/1/2034
4000165930    LOS ANGELES                 90019     CA       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
35003847      FRUITA                      81521     CO       PUD     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
35224765      TAMPA                       33603     FL       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
34644369      MILWAUKEE                   53209     WI    Units 2-4  Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34856435      NAPERVILLE                  60563     IL       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
4000168933    SELMA                       93662     CA       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
4000166243    GARFIELD HEIGHTS            44125     OH       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
34736991      CEDAR HILLS                 84062     UT       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
34584367      SPANAWAY                    98387     WA       PUD     Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
34528232      BROKEN ARROW                74014     OK       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34952879      ANAHEIM HILLS               92807     CA       SFR     Owner Occupied     360     7/26/2004   10/1/2004   9/1/2034
35085257      CANAL WINCHESTER            43110     OH       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
4000177793    PATASKALA                   43062     OH       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
4000115745    PLYMOUTH                     2360     MA       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
4000170635    ARLINGTON                    2476     MA       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34885376      ORLANDO                     32806     FL       SFR     Owner Occupied     360     7/28/2004   10/1/2004   9/1/2034
34237743      SCOTTSDALE                  85250     AZ       PUD     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
4000074964    BROOKLYN                    11236     NY    Units 2-4  Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
34866517      EAST GREENBUSH              12061     NY       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
4000166409    SIMI VALLEY                 93065     CA       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
33016411      MICHIGAN CITY               46360     IN       SFR     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
34021436      MISSOURI CITY               77459     TX       PUD     Owner Occupied     180      8/5/2004   10/1/2004   9/1/2019
34794602      SACRAMENTO                  95829     CA       SFR     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
35155944      RICEVILLE                   37370     TN       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
34931915      MEDFORD                     97501     OR       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
35071984      CHINA GROVE                 28023     NC       SFR     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
34654178      JANESVILLE                  53546     WI       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
4000160671    BRONX                       10469     NY       SFR     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
35190586      CARSON                      90745     CA       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34526442      SYRACUSE                    68446     NE       SFR     Owner Occupied     360      8/2/2004    9/1/2004   8/1/2034
34634105      PENSACOLA                   32514     FL       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
34931105      BEAVERTON                   97007     OR       PUD     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
35071695      CONCORD                     28025     NC       SFR     Owner Occupied     360      8/3/2004    9/1/2004   8/1/2034
33018813      BRYANT                      47326     IN       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34681452      LANCASTER                   93534     CA       SFR     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
34991042      NORTH BRANCH                55056     MN       SFR     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
4000178429    GROVE CITY                  43123     OH       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
4000166222    MILTON                      98354     WA       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
4000152651    PALO ALTO                   94303     CA       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034

<CAPTION>
                                                                                      ORIGINAL
                                                                                      COMBAINED
              REMAINING     ORIGINAL   SCHEDULED                       PAID THRU       LOAN TO      OTS
  LOANID        TERM        BALANCE     BALANCE      RATE      P&I        DATE          VALUE   DELINQUENCY INDEX       MARGIN
------------------------------------------------------------------------------------------------------------------------------
<S>              <C>      <C>         <C>           <C>     <C>        <C>              <C>        <C>       <C>        <C>
35079573         359      130,500.00  130,500.00    6.875     747.66   10/1/2004           90      0-29      6ML            5
35157528         359       93,920.00   93,920.00     7.25     567.43   10/1/2004           80      0-29      6ML         5.25
4000166032       359      233,700.00  233,467.31    5.999   1,401.00   10/1/2004           95      0-29      6ML         4.75
34102558         359      463,700.00  463,700.00     5.75   2,221.90   10/1/2004           80      0-29      6ML        3.875
34652834         359       79,900.00   79,854.02     8.75     628.58   10/1/2004           85      0-29      6ML        6.875
34894303         359       69,500.00   69,449.69    7.625     491.92   10/1/2004        94.94      0-29      FIX            0
4000170857       359       90,000.00   89,949.55    8.875     716.08   10/1/2004        81.82      0-29      FIX            0
34527093         359      233,665.00  233,512.15    8.125   1,734.96   10/1/2004           85      0-29      6ML          4.5
35145507         358       98,000.00   97,900.63    9.375     815.12    9/1/2004          100      0-29      6ML         6.25
4000162095       358      146,400.00  146,400.00    6.375     777.75    9/1/2004           80      0-29      6ML        4.125
34848408         358      129,600.00  129,411.78    7.625     917.31    9/1/2004           90      0-29      FIX            0
4000173537       359      105,040.00  105,040.00     6.25     547.08   10/1/2004           80      0-29      6ML          4.5
34759407         359      242,250.00  242,250.00    6.875   1,387.89   10/1/2004        82.12      0-29      6ML        5.125
34240218         359      127,500.00  127,428.52    8.875   1,014.45   10/1/2004           85      0-29      6ML            7
34860890         359      450,000.00  449,521.18     5.65   2,597.57   10/1/2004           90      0-29      6ML        4.625
34934950         359      145,350.00  145,249.97    7.875   1,053.89   10/1/2004           95      0-29      FIX            0
4000172284       359       59,200.00   59,200.00    6.999     345.28   10/1/2004           80      0-29      6ML        4.125
34759621         359      150,000.00  149,873.98    6.875      985.4   10/1/2004        72.29      0-29      FIX            0
4000161993       359      158,250.00  158,141.10    7.875   1,147.42   10/1/2004           75      0-29      6ML        5.625
35210566         359      388,000.00  388,000.00     5.75   1,859.17   10/1/2004           80      0-29      6ML        3.625
35109636         179      100,050.00   99,720.39      6.5     871.55   10/1/2004        51.05      0-29      FIX            0
34867028         359      160,000.00  159,887.07     7.75   1,146.26   10/1/2004           64      0-29      FIX            0
35032556         359      375,000.00  375,000.00      7.5   2,343.75   10/1/2004          100      0-29      6ML        5.875
35129931         359      300,000.00  299,741.70     6.75   1,945.80   10/1/2004        78.95      0-29      6ML        4.625
35208404         359      544,000.00  544,000.00    5.875   2,663.33   10/1/2004           80      0-29      6ML            4
34653493         179       68,000.00   68,000.00      7.5        425   10/1/2004           80      0-29      FIX            0
34991471         359      143,200.00  143,200.00      5.5     656.33   10/1/2004           80      0-29      6ML         3.75
35107960         359      221,600.00  221,469.16    8.625   1,723.59   10/1/2004           80      0-29      6ML         5.75
4000141303       359      223,750.00  223,562.02    6.875   1,469.88   10/1/2004        79.99      0-29      FIX            0
34379651         359      143,000.00  142,903.85     7.99   1,048.29   10/1/2004        69.76      0-29      6ML        5.625
34943639         358      338,000.00  337,900.00     6.25   1,760.42    9/1/2004        79.53      0-29      6ML        3.625
34939678         359      150,000.00  149,909.12      8.5   1,153.38   10/1/2004        43.48      0-29      FIX            0
4000166610       359       94,900.00   94,845.40     8.75     746.58   10/1/2004          100      0-29      6ML        5.625
35108877         359      107,200.00  107,200.00      6.5     580.67   10/1/2004           80      0-29      6ML        4.125
4000168391       359      144,800.00  144,800.00    7.375     889.92   10/1/2004           80      0-29      6ML          5.5
4000166452       359      136,000.00  136,000.00    7.625     864.17   10/1/2004           85      0-29      6ML         4.25
34524116         358       96,000.00   95,905.17      9.5     807.23    9/1/2004        87.27      0-29      6ML            8
4000168497       359      182,400.00  182,400.00    7.375   1,121.00   10/1/2004           95      0-29      6ML            6
35147396         359       63,200.00   63,157.59        8     463.74   10/1/2004           80      0-29      FIX            0
4000164566       358       99,600.00   99,458.62     7.75     713.55    9/1/2004           83      0-29      6ML        5.875
34716621         358      227,050.00  226,609.28    7.625   1,607.05    9/1/2004        89.04      0-29      FIX            0
35303312         359      130,000.00  129,901.08    7.375     897.88   10/1/2004           80      0-29      6ML          5.5
4000156436       359      189,000.00  188,837.28     6.75   1,225.85   10/1/2004        83.63      0-29      6ML         5.25
35026087         359      669,600.00  669,600.00     5.99   3,342.42   10/1/2004           80      0-29      6ML          3.5
34937243         359      270,000.00  269,818.46     7.99   1,979.29   10/1/2004           90      0-29      6ML        6.625
4000158775       359      126,000.00  126,000.00     7.25     761.25   10/1/2004           90      0-29      6ML        4.875
4000146986       359      229,600.00  229,600.00    6.125   1,171.92   10/1/2004           80      0-29      6ML        3.625
34914010         358       80,000.00   79,865.18    6.875     525.55   10/1/2004           80      0-29      6ML         4.25
35033745         359      450,000.00  450,000.00    6.875   2,578.13   10/1/2004          100      0-29      6ML        5.375
4000167525       359      156,000.00  156,000.00    4.875     633.75   10/1/2004        56.73      0-29      6ML        2.875
34660142         359      150,000.00  149,911.44    8.625   1,166.69   10/1/2004          100      0-29      6ML        6.875
34931311         359      164,250.00  163,776.56      7.5   1,026.56   10/1/2004           90      0-29      6ML         4.75
34237529         359      119,200.00  119,200.00     5.75     571.17   10/1/2004           80      0-29      6ML         4.25
34721654         359      357,000.00  357,000.00    5.375   1,599.06   10/1/2004           85      0-29      6ML            4
35127323         359      225,000.00  224,824.48     7.25   1,534.90   11/1/2004           90      0-29      6ML          5.5
34858183         359      151,400.00  151,238.14    5.625     871.55   10/1/2004           80      0-29      6ML        4.125
4000166759       359      108,000.00  108,000.00     6.25      562.5   10/1/2004           80      0-29      6ML         4.25
4000169672       359      188,800.00  188,800.00      5.5     865.33   10/1/2004           80      0-29      6ML            4
34718791         359      164,000.00  164,000.00      7.5   1,025.00   10/1/2004        79.61      0-29      6ML        4.375
34720094         359      169,500.00  169,367.77     7.25   1,156.29   10/1/2004        88.28      0-29      FIX            0
34738732         359       52,800.00   52,764.50     7.99     387.06   10/1/2004           80      0-29      6ML        5.875
35204650         359      325,000.00  325,000.00    8.875   2,403.65   10/1/2004          100      0-29      6ML         5.75
4000168090       359      309,900.00  309,697.28    8.125   2,301.00   10/1/2004          100      0-29      6ML        6.125
35285915         359      178,600.00  178,473.94     7.75   1,279.52   10/1/2004           95      0-29      6ML          6.5
4000170127       359      279,300.00  279,102.87     7.75   2,000.94   10/1/2004           95      0-29      6ML          6.5
35148899         358       76,000.00   75,875.04        7     505.63    9/1/2004           80      0-29      FIX            0
4000165930       359      465,000.00  465,000.00     7.75   3,003.13   10/1/2004          100      0-29      6ML         5.75
35003847         359      142,200.00  142,099.64     7.75   1,018.74   10/1/2004           90      0-29      6ML         5.75
35224765         359       85,000.00   84,947.16    8.375     646.07   10/1/2004           85      0-29      FIX            0
34644369         359       81,000.00   80,945.65        8     594.35   10/1/2004           90      0-29      6ML          6.5
34856435         359      298,000.00  297,650.13    5.125   1,622.58   10/1/2004           80      0-29      6ML         3.75
4000168933       359      172,000.00  172,000.00    8.125   1,164.58   10/1/2004         77.3      0-29      6ML         5.75
4000166243       359       96,000.00   96,000.00    7.125        570   10/1/2004           80      0-29      6ML        4.875
34736991         359      255,200.00  255,200.00     5.75   1,222.83   10/1/2004           80      0-29      6ML        4.375
34584367         358      141,950.00  141,748.19     7.99   1,040.59    9/1/2004           85      0-29      FIX            0
34528232         359      437,000.00  436,667.47    7.375   3,018.26   10/1/2004        94.28      0-29      6ML        5.625
34952879         359      516,000.00  516,000.00    6.375   2,741.25   10/1/2004           80      0-29      6ML          3.5
35085257         359      225,000.00  224,841.20     7.75   1,611.93   10/1/2004           90      0-29      6ML            6
4000177793       359      141,850.00  141,850.00    6.125     724.03   10/1/2004        79.97      0-29      6ML         4.25
4000115745       359      251,550.00  251,550.00    4.999   1,047.92   10/1/2004           80      0-29      6ML            4
4000170635       359      270,000.00  269,832.18    8.375   2,052.20   10/1/2004           75      0-29      6ML         6.25
34885376         359      134,400.00  134,400.00    6.875        770   10/1/2004           80      0-29      6ML          4.5
34237743         359      201,800.00  201,800.00    6.875   1,156.15   10/1/2004           80      0-29      6ML            5
4000074964       359      288,000.00  288,000.00     5.75   1,380.00   10/1/2004           80      0-29      6ML          3.5
34866517         359      165,870.00  165,740.60     7.25   1,131.53   10/1/2004           95      0-29      6ML        6.125
4000166409       359      392,000.00  392,000.00    5.999   1,959.67   10/1/2004           80      0-29      6ML        4.125
33016411         358      103,500.00  103,360.64        8     759.45    9/1/2004           90      0-29      6ML            6
34021436         179      111,000.00  110,635.94    6.875     989.96   10/1/2004         92.5      0-29      FIX            0
34794602         358      273,700.00  273,650.00     7.75   1,767.65    9/1/2004           85      0-29      6ML         5.75
35155944         359       54,000.00   53,965.56     8.25     405.69   10/1/2004           90      0-29      FIX            0
34931915         359      125,000.00  124,911.77     7.75     895.52   10/1/2004          100      0-29      6ML        6.125
35071984         358       99,200.00   99,066.42        8      727.9    9/1/2004        94.99      0-29      6ML        6.125
34654178         359       90,320.00   90,320.00    7.375     555.09   10/1/2004           80      0-29      6ML        5.375
4000160671       359      292,000.00  292,000.00    6.375   1,551.25   10/1/2004           80      0-29      6ML          4.5
35190586         359      329,600.00  329,600.00    5.875   1,613.67   10/1/2004           80      0-29      6ML        3.625
34526442         358      105,925.00  105,742.08     6.75     687.03   10/1/2004           95      0-29      6ML        5.375
34634105         359      100,800.00  100,711.06    6.625     645.44   10/1/2004           80      0-29      6ML        4.625
34931105         359      134,000.00  133,999.75     6.75     753.75   10/1/2004        79.98      0-29      6ML        4.375
35071695         358       72,800.00   72,799.83     7.25     439.83    9/1/2004           80      0-29      6ML        5.125
33018813         359       71,250.00   71,188.65     6.75     462.13   10/1/2004           75      0-29      6ML          4.5
34681452         359      115,000.00  115,000.00      7.5     718.75   10/1/2004        74.19      0-29      6ML         4.75
34991042         358      196,800.00  196,744.65     6.75   1,107.00   10/1/2004           80      0-29      6ML        5.125
4000178429       359      133,300.00  133,300.00    8.125     902.55   10/1/2004          100      0-29      6ML        5.875
4000166222       359      280,500.00  280,500.00     7.75   1,811.56   10/1/2004           85      0-29      6ML        5.875
4000152651       359      816,000.00  816,000.00      6.5   4,420.00   10/1/2004           80      0-29      6ML        4.125

<CAPTION>
             INITIAL  PERIODIC                           PREPAYMENT
  LOANID       CAP      CAP       FLOOR    CEILING          TERM                                PREPAYMENT PENALTY
--------------------------------------------------------------------------------------------------------------------------
<S>             <C>      <C>      <C>       <C>              <C>                        <C>
35079573        3        1        6.875     12.875            0                                                       None
35157528        3        1         7.25      13.25            0                                                       None
4000166032      3        1        5.999     11.999           36                         min (2% prepaid, 60 days interest)
34102558        3        1         5.75      11.75           24                              6 mo.s interest less 20% obal
34652834        3        1         8.75      14.75           24                              6 mo.s interest less 20% obal
34894303        0        0            0          0           24                              6 mo.s interest less 20% obal
4000170857      0        0            0          0           36                              6 mo.s interest less 20% obal
34527093        3        1        8.125     14.125           24                                                 2% prepaid
35145507        3        1        9.375     15.375           24                              6 mo.s interest less 20% obal
4000162095      3        1        6.375     12.375           36                              6 mo.s interest less 20% obal
34848408        0        0            0          0            0                                                       None
4000173537      3        1         6.25      12.25           36                              6 mo.s interest less 20% obal
34759407        3        1        6.875     12.875           36                              6 mo.s interest less 20% obal
34240218        3        1        8.875     14.875           24                              6 mo.s interest less 20% obal
34860890        3        1         5.65      11.65           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34934950        0        0            0          0           36                              6 mo.s interest less 20% obal
4000172284      3        1        6.999     12.999           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34759621        0        0            0          0            0                                                       None
4000161993      3        1        7.875     13.875           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35210566        3        1         5.75      11.75           36                              6 mo.s interest less 20% obal
35109636        0        0            0          0            0                                                       None
34867028        0        0            0          0            0                                                       None
35032556        3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
35129931        3        1         6.75      12.75           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35208404        3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
34653493        0        0            0          0           36                                                 2% prepaid
34991471        3        1          5.5       11.5           36                         min (2% prepaid, 60 days interest)
35107960        3        1        8.625     14.625            0                                                       None
4000141303      0        0            0          0           36                              6 mo.s interest less 20% obal
34379651        3        1         7.99      13.99           24                              6 mo.s interest less 20% obal
34943639        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
34939678        0        0            0          0           12                              6 mo.s interest less 20% obal
4000166610      3        1         8.75      14.75           24                              6 mo.s interest less 20% obal
35108877        3        1          6.5       12.5           36                              6 mo.s interest less 20% obal
4000168391      3        1        7.375     13.375           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000166452      3        1        7.625     13.625           24                              6 mo.s interest less 20% obal
34524116        3        1          9.5       15.5           24                              6 mo.s interest less 20% obal
4000168497      3        1        7.375     13.375           36                              6 mo.s interest less 20% obal
35147396        0        0            0          0           36                              6 mo.s interest less 20% obal
4000164566      3        1         7.75      13.75           24                              6 mo.s interest less 20% obal
34716621        0        0            0          0           36                              6 mo.s interest less 20% obal
35303312        3        1        7.375     13.375           24                              6 mo.s interest less 20% obal
4000156436      3        1         6.75      12.75           36                              6 mo.s interest less 20% obal
35026087        3        1         5.99      11.99           24                              6 mo.s interest less 20% obal
34937243        3        1         7.99      13.99           36                              6 mo.s interest less 20% obal
4000158775      3        1         7.25      13.25            0                                                       None
4000146986      3        1        6.125     12.125            0                                                       None
34914010        3        1        6.875     12.875            0                                                       None
35033745        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
4000167525      3        1        4.875     10.875           36                              6 mo.s interest less 20% obal
34660142        3        1        8.625     14.625           24                                                 2% prepaid
34931311        3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
34237529        1        1         5.75      11.75           36                              6 mo.s interest less 20% obal
34721654        3        1        5.375     11.375           36                              6 mo.s interest less 20% obal
35127323        3        1         7.25      13.25           12                              3%/2%/1%-1st yr/2nd yr/3rd yr
34858183        3        1        5.625     11.625           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000166759      3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
4000169672      3        1          5.5       11.5           36                              6 mo.s interest less 20% obal
34718791        3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
34720094        0        0            0          0           36                              6 mo.s interest less 20% obal
34738732        3        1         7.99      13.99           24                              6 mo.s interest less 20% obal
35204650        3        1        8.875     14.875            0                                                       None
4000168090      3        1        8.125     14.125           24                              6 mo.s interest less 20% obal
35285915        3        1         7.75      13.75           24                              6 mo.s interest less 20% obal
4000170127      3        1         7.75      13.75           24                              6 mo.s interest less 20% obal
35148899        0        0            0          0           36                              6 mo.s interest less 20% obal
4000165930      3        1         7.75      13.75           36                              6 mo.s interest less 20% obal
35003847        3        1         7.75      13.75           24                              6 mo.s interest less 20% obal
35224765        0        0            0          0           36                              6 mo.s interest less 20% obal
34644369        3        1            8         14           24                              6 mo.s interest less 20% obal
34856435        3        1        5.125     11.125           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000168933      3        1        8.125     14.125           24                              6 mo.s interest less 20% obal
4000166243      3        1        7.125     13.125           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34736991        3        1         5.75      11.75           36                              6 mo.s interest less 20% obal
34584367        0        0            0          0           36                              6 mo.s interest less 20% obal
34528232        3        1        7.375     13.375           12                              6 mo.s interest less 20% obal
34952879        3        1        6.375     12.375            0                                                       None
35085257        3        1         7.75      13.75           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000177793      3        1        6.125     12.125           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000115745      3        1        4.999     10.999           24                              6 mo.s interest less 20% obal
4000170635      3        1        8.375     14.375           24                              6 mo.s interest less 20% obal
34885376        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
34237743        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
4000074964      3        1         5.75      11.75            0                                                       None
34866517        3        1         7.25      13.25            0                                                       None
4000166409      3        1        5.999     11.999           24                              6 mo.s interest less 20% obal
33016411        3        1            8         14           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34021436        0        0            0          0           36                              6 mo.s interest less 20% obal
34794602        3        1         7.75      13.75           24                              6 mo.s interest less 20% obal
35155944        0        0            0          0           36                              6 mo.s interest less 20% obal
34931915        3        1         7.75      13.75           24                              6 mo.s interest less 20% obal
35071984        3        1            8         14            0                                                       None
34654178        3        1        7.375     13.375           24                              6 mo.s interest less 20% obal
4000160671      3        1        6.375     12.375            0                                                       None
35190586        3        1        5.875     11.875           36                              6 mo.s interest less 20% obal
34526442        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
34634105        3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
34931105        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
35071695        3        1         7.25      13.25            0                                                       None
33018813        3        1         6.75      12.75           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34681452        3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
34991042        3        1         6.75      12.75           36                         min (2% prepaid, 60 days interest)
4000178429      3        1        8.125     14.125            0                                                       None
4000166222      3        1         7.75      13.75           36                              6 mo.s interest less 20% obal
4000152651      3        1          6.5       12.5           24                              6 mo.s interest less 20% obal

<CAPTION>
                                              PAYMENT
              FIRST RATE      RATE RESET       RESET                                  MI
  LOANID      RESET DATE       FREQUENCY     FREQUENCY  PURPOSE   DIV  IO    IOTERM  FLAG
-----------------------------------------------------------------------------------------
<S>           <C>                  <C>            <C>  <C>         <C>  <C>    <C>    <C>
35079573        9/1/2006           6              6    C/O Refi    N    Y      60     Y
35157528        9/1/2006           6              6    Purchase    N    Y      60     N
4000166032      9/1/2007           6              6    Purchase    N    N       0     Y
34102558        9/1/2006           6              6    Purchase    N    Y      60     N
34652834        9/1/2006           6              6    C/O Refi    N    N       0     Y
34894303      00/00/0000           0              0    Purchase    N    N       0     Y
4000170857    00/00/0000           0              0    Purchase    N    N       0     Y
34527093        9/1/2006           6              6    Purchase    N    N       0     Y
35145507        8/1/2006           6              6    Purchase    N    N       0     N
4000162095      8/1/2007           6              6    R/T Refi    N    Y      60     N
34848408      00/00/0000           0              0    C/O Refi    N    N       0     N
4000173537      9/1/2006           6              6    Purchase    N    Y      60     N
34759407        9/1/2006           6              6    C/O Refi    N    Y      60     N
34240218        9/1/2006           6              6    C/O Refi    N    N       0     Y
34860890        9/1/2006           6              6    Purchase    N    N       0     Y
34934950      00/00/0000           0              0    C/O Refi    N    N       0     Y
4000172284      9/1/2009           6              6    C/O Refi    N    Y      60     N
34759621      00/00/0000           0              0    C/O Refi    N    N       0     N
4000161993      9/1/2006           6              6    C/O Refi    N    N       0     N
35210566        9/1/2007           6              6    Purchase    N    Y      60     N
35109636      00/00/0000           0              0    C/O Refi    N    N       0     N
34867028      00/00/0000           0              0    Purchase    N    N       0     N
35032556        9/1/2006           6              6    Purchase    N    Y      60     N
35129931        9/1/2007           6              6    C/O Refi    N    N       0     N
35208404        9/1/2006           6              6    Purchase    N    Y      60     N
34653493      00/00/0000           0              0    C/O Refi    N    Y      60     N
34991471        9/1/2006           6              6    Purchase    N    Y      60     N
35107960        9/1/2007           6              6    C/O Refi    N    N       0     N
4000141303    00/00/0000           0              0    Purchase    N    N       0     N
34379651        9/1/2006           6              6    C/O Refi    N    N       0     N
34943639        8/1/2009           6              6    C/O Refi    N    Y      60     N
34939678      00/00/0000           0              0    C/O Refi    N    N       0     N
4000166610      9/1/2006           6              6    Purchase    N    N       0     N
35108877        9/1/2009           6              6    Purchase    N    Y      60     N
4000168391      9/1/2006           6              6    Purchase    N    Y      60     N
4000166452      9/1/2009           6              6    Purchase    N    Y      60     Y
34524116        8/1/2006           6              6    C/O Refi    N    N       0     Y
4000168497      9/1/2007           6              6    Purchase    N    Y      60     Y
35147396      00/00/0000           0              0    Purchase    N    N       0     N
4000164566      8/1/2006           6              6    C/O Refi    N    N       0     Y
34716621      00/00/0000           0              0    C/O Refi    N    N       0     Y
35303312        9/1/2006           6              6    Purchase    N    N       0     N
4000156436      9/1/2007           6              6    C/O Refi    N    N       0     Y
35026087        9/1/2006           6              6    Purchase    N    Y      60     N
34937243        9/1/2006           6              6    C/O Refi    N    N       0     Y
4000158775      9/1/2006           6              6    Purchase    N    Y      60     Y
4000146986      9/1/2009           6              6    Purchase    N    Y      60     N
34914010        8/1/2007           6              6    C/O Refi    N    N       0     N
35033745        9/1/2006           6              6    Purchase    N    Y      60     N
4000167525      9/1/2009           6              6    C/O Refi    N    Y      60     N
34660142        9/1/2006           6              6    Purchase    N    N       0     N
34931311        9/1/2009           6              6    Purchase    N    Y      60     Y
34237529        3/1/2005           6              6    C/O Refi    N    Y      60     N
34721654        9/1/2007           6              6    Purchase    N    Y      60     Y
35127323        9/1/2006           6              6    C/O Refi    N    N       0     Y
34858183        9/1/2006           6              6    Purchase    N    N       0     N
4000166759      9/1/2006           6              6    Purchase    N    Y      60     N
4000169672      9/1/2006           6              6    Purchase    N    Y      60     N
34718791        9/1/2009           6              6    C/O Refi    N    Y      60     N
34720094      00/00/0000           0              0    C/O Refi    N    N       0     N
34738732        9/1/2006           6              6    Purchase    N    N       0     N
35204650        9/1/2006           6              6    C/O Refi    N    Y      60     N
4000168090      9/1/2006           6              6    Purchase    N    N       0     N
35285915        9/1/2006           6              6    Purchase    N    N       0     Y
4000170127      9/1/2006           6              6    Purchase    N    N       0     Y
35148899      00/00/0000           0              0    Purchase    N    N       0     N
4000165930      9/1/2007           6              6    Purchase    N    Y      60     N
35003847        9/1/2006           6              6    C/O Refi    N    N       0     Y
35224765      00/00/0000           0              0    C/O Refi    N    N       0     Y
34644369        9/1/2006           6              6    Purchase    N    N       0     Y
34856435        9/1/2006           6              6    Purchase    N    N       0     N
4000168933      9/1/2006           6              6    C/O Refi    N    Y      60     N
4000166243      9/1/2006           6              6    R/T Refi    N    Y      60     N
34736991        9/1/2006           6              6    Purchase    N    Y      60     N
34584367      00/00/0000           0              0    Purchase    N    N       0     Y
34528232        9/1/2006           6              6    C/O Refi    N    N       0     N
34952879        9/1/2006           6              6    Purchase    N    Y      60     N
35085257        9/1/2006           6              6    C/O Refi    N    N       0     N
4000177793      9/1/2006           6              6    Purchase    N    Y      60     N
4000115745      9/1/2006           6              6    Purchase    N    Y      60     N
4000170635      9/1/2006           6              6    C/O Refi    N    N       0     N
34885376        9/1/2006           6              6    C/O Refi    N    Y      60     N
34237743        9/1/2006           6              6    Purchase    N    Y      60     N
4000074964      9/1/2009           6              6    Purchase    N    Y      60     N
34866517        9/1/2007           6              6    Purchase    N    N       0     Y
4000166409      9/1/2006           6              6    Purchase    N    Y      60     N
33016411        8/1/2006           6              6    C/O Refi    N    N       0     N
34021436      00/00/0000           0              0    R/T Refi    N    N       0     Y
34794602        8/1/2006           6              6    C/O Refi    N    Y      60     N
35155944      00/00/0000           0              0    Purchase    N    N       0     Y
34931915        9/1/2006           6              6    Purchase    N    N       0     N
35071984        8/1/2009           6              6    C/O Refi    N    N       0     Y
34654178        9/1/2006           6              6    Purchase    N    Y      60     N
4000160671      9/1/2006           6              6    R/T Refi    N    Y      60     N
35190586        9/1/2009           6              6    Purchase    N    Y      60     N
34526442        8/1/2006           6              6    Purchase    N    N       0     Y
34634105        9/1/2006           6              6    R/T Refi    N    N       0     N
34931105        9/1/2009           6              6    Purchase    N    Y      60     N
35071695        8/1/2007           6              6    Purchase    N    Y      60     N
33018813        9/1/2006           6              6    C/O Refi    N    N       0     N
34681452        9/1/2006           6              6    C/O Refi    N    Y      60     N
34991042        8/1/2006           6              6    C/O Refi    N    Y      60     N
4000178429      9/1/2006           6              6    Purchase    N    Y      60     N
4000166222      9/1/2007           6              6    C/O Refi    N    Y      60     Y
4000152651      9/1/2006           6              6    Purchase    N    Y      60     N
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
                                                          PROPERTY                    ORIGINAL ORIGINATION  FIRST PAY   MATURITY
  LOANID              CITY                 ZIP    STATE     TYPE       OCCUPANCY        TERM      DATE        DATE        DATE
--------------------------------------------------------------------------------------------------------------------------------
<S>           <C>                         <C>       <C>   <C>        <C>                <C>     <C>         <C>         <C>
34926188      WILLAMINA                   97396     OR       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
34832865      STAMFORD                     6907     CT       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000171527    CANTON                      44708     OH       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
34525428      KANSAS CITY                 64112     MO       SFR     Owner Occupied     360     7/28/2004   10/1/2004   9/1/2034
34004606      HOLLYWOOD                   33026     FL       PUD     Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
4000173157    SEATTLE                     98106     WA       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
34996264      SAINT PAUL                  55106     MN    Units 2-4  Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34860106      ROMEOVILLE                  60446     IL       PUD     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34996579      LAKE CITY                   55041     MN       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
4000173987    EUCLID                      44132     OH       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
34751354      PETERSBURG                  23805     VA       SFR     Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
35144906      SNELLVILLE                  30078     GA       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
35132760      POPULAR GROVE               61065     IL       PUD     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
4000165005    SANTA MARIA                 93458     CA       PUD        Investor        360      8/5/2004   10/1/2004   9/1/2034
4000172296    GOWEN                       49326     MI       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
4000161265    SPOKANE                     99208     WA       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
35405414      KNOXVILLE                   37912     TN       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34935502      PORTLAND                    97206     OR       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
4000160260    QUEENS VILLAGE              11429     NY       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35188101      TUSTIN                      92782     CA       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
34238600      MESA                        85212     AZ       PUD     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
34544783      CARROLLTON                  75007     TX       SFR     Owner Occupied     360     5/28/2004    7/1/2004   6/1/2034
34827196      NEW HAVEN                    6519     CT    Units 2-4  Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
4000164914    ELVERTA                     95626     CA       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
34621888      MONTGOMERY                  60538     IL       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
34729178      LAYTON                      84040     UT       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
35037001      PERRIS                      92571     CA       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34758664      HYATTSVILLE                 20783     MD       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35145572      DECATUR                     30030     GA       SFR     Owner Occupied     360      8/3/2004    9/1/2004   8/1/2034
35013515      BRIGHTON                    80601     CO       PUD     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
4000159453    NARRAGANSETT                 2882     RI       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
35114636      MANSFIELD                   76063     TX       PUD     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
35267608      BIG BEAR LAKE               92315     CA       SFR        Investor        360     8/19/2004   10/1/2004   9/1/2034
34378026      EDGEWOOD                    21040     MD       PUD     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
4000165628    OAKLEY                      94561     CA       SFR     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
34380469      WILLINGBORO                  8046     NJ       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35070168      WAKE FOREST                 27587     NC       PUD     Owner Occupied     360      8/6/2004    9/1/2004   8/1/2034
4000159796    HANNA                       82327     WY       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
34830349      PAWTUCKET                    2860     RI    Units 2-4  Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
34897793      TAMPA                       33607     FL    Units 2-4     Investor        360     8/27/2004   10/1/2004   9/1/2034
34897801      TAMPA                       33607     FL    Units 2-4     Investor        360     8/27/2004   10/1/2004   9/1/2034
34897819      TAMPA                       33607     FL    Units 2-4     Investor        360     8/27/2004   10/1/2004   9/1/2034
34560284      EL PASO                     79912     TX       SFR     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
35012194      PARKER                      80134     CO       PUD     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
34852392      MIDDLEBURY                  46540     IN       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
4000173665    LIVERMORE                   94551     CA       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35072982      CHARLOTTE                   28227     NC       SFR        Investor        360      8/4/2004    9/1/2004   8/1/2034
35303106      LAS VEGAS                   89109     NV       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
4000168773    BRONX                       10460     NY    Units 2-4  Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34699231      MIAMI BEACH                 33162     FL       SFR     Owner Occupied     360      8/5/2004    9/1/2004   8/1/2034
4000165746    GARDNER                      1440     MA       SFR     Owner Occupied     360     7/26/2004    9/1/2004   8/1/2034
34894568      TAMPA                       33626     FL       SFR     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
4000170173    BIDDEFORD                    4005     ME    Units 2-4  Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34420786      HAMILTON                    59840     MT       SFR     Owner Occupied     360      8/2/2004    9/1/2004   8/1/2034
34719831      APPLE VALLEY                92308     CA       SFR     Owner Occupied     360     7/27/2004    9/1/2004   8/1/2034
34761742      DERWOOD                     20855     MD       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
34782086      BAKERSFIELD                 93311     CA       SFR     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
34854919      FRANKFORT                   60423     IL       PUD     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35077841      COLUMBIA                    29210     SC       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
34867390      JAMESTOWN                   14701     NY       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
34797209      RAMONA                      92065     CA      Condo    Owner Occupied     360     7/23/2004    9/1/2004   8/1/2034
4000162286    MODESTO                     95358     CA       SFR        Investor        360     7/30/2004   10/1/2004   9/1/2034
4000165272    MURRIETA                    92562     CA       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000169273    MILLERSBURG                 44654     OH       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34977256      HAMILTON                    45013     OH       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35206119      SAN DIEGO                   92139     CA       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
34864488      EAST MORICHES               11940     NY       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
34981605      COLUMBUS                    43203     OH       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
35130145      LANSING                     60438     IL       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34658617      SAINT LOUIS                 63118     MO       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34526657      TULSA                       74112     OK       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
4000162809    WYANDOTTE                   48192     MI    Units 2-4  Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
34717777      PALM SPRINGS                92262     CA       SFR     Owner Occupied     360     7/27/2004    9/1/2004   8/1/2034
34971010      LEWISBURG                   45338     OH       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
35073543      GREER                       29651     SC       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
35224740      HAZEL GREEN                 35750     AL       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
34756908      CHARLES TOWN                25414     WV       PUD     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
35247709      HOUSTON                     77024     TX       PUD     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34529883      NORMAN                      73072     OK       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34941799      GRANTS PASS                 97527     OR       PUD     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
34941591      CRESWELL                    97426     OR       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
4000164573    FRESNO                      93727     CA       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
4000161299    TACOMA                      98445     WA       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
35158112      LAGRANGE                    30240     GA       PUD     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34719609      UPLAND                      91784     CA       PUD     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
4000175837    MIAMI                       33161     FL       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
35231240      LECANTO                     34461     FL       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35249457      ANGLETON                    77515     TX       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35343029      ANNAPOLIS                   21403     MD       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
4000177365    LOWELL                       1854     MA      Condo    Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34934125      COTTAGE GROVE               97424     OR       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
34856302      STREAMWOOD                  60107     IL       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
35142124      CULPEPER                    22701     VA       SFR     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
4000157298    MODESTO                     95358     CA       SFR        Investor        360     7/22/2004    9/1/2004   8/1/2034
4000176018    FEDERAL WAY                 98003     WA       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34894824      VERO BEACH                  32962     FL       SFR     Owner Occupied     360      8/3/2004    9/1/2004   8/1/2034
34990184      BLAINE                      55449     MN       SFR     Owner Occupied     360      8/4/2004    9/1/2004   8/1/2034
35203231      SAN DIEGO                   92114     CA       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
34660688      WEBSTER CITY                50595     IA       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
4000151129    FAIRFIELD                   94533     CA       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
4000162824    TRENTON                      8611     NJ       SFR       Second Home      360     8/12/2004   10/1/2004   9/1/2034
4000157877    COMMERCE                    48390     MI       SFR     Owner Occupied     360      7/9/2004    9/1/2004   8/1/2034
34435206      JOHNS ISLAND                29455     SC       PUD     Owner Occupied     360      8/5/2004    9/1/2004   8/1/2034
34992438      HUTCHINSON                  55350     MN       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
4000165281    WADSWORTH                   44281     OH       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034

<CAPTION>
                                                                                      ORIGINAL
                                                                                      COMBAINED
              REMAINING     ORIGINAL   SCHEDULED                       PAID THRU       LOAN TO      OTS
  LOANID        TERM        BALANCE     BALANCE      RATE      P&I        DATE          VALUE   DELINQUENCY INDEX       MARGIN
------------------------------------------------------------------------------------------------------------------------------
<S>              <C>      <C>         <C>           <C>     <C>        <C>              <C>        <C>       <C>        <C>
34926188         359       91,800.00   91,800.00        7      535.5   10/1/2004           90      0-29      6ML        5.375
34832865         359      455,000.00  455,000.00    6.625   2,511.98   10/1/2004        79.13      0-29      6ML        4.625
4000171527       359      216,750.00  216,622.03    8.625   1,685.86   10/1/2004           85      0-29      6ML         5.75
34525428         359      128,000.00  128,000.00     6.75        720   10/1/2004           80      0-29      6ML        3.875
34004606         358      175,000.00  174,764.37        8   1,284.09    9/1/2004        77.78      0-29      FIX            0
4000173157       359      191,250.00  191,097.06    7.125   1,288.49   10/1/2004           85      0-29      6ML        5.125
34996264         359      225,000.00  225,000.00     7.25   1,359.38   10/1/2004        88.93      0-29      6ML        6.125
34860106         359      128,700.00  128,700.00     7.75     831.19   10/1/2004           90      0-29      6ML        5.875
34996579         359      133,000.00  133,000.00      7.5     831.25   10/1/2004        84.98      0-29      6ML        6.125
4000173987       359       67,750.00   67,750.00      6.5     366.98   10/1/2004        79.92      0-29      6ML          4.5
34751354         358       78,300.00   78,199.78     8.25     588.25   10/1/2004           90      0-29      FIX            0
35144906         359      129,150.00  129,069.72    8.375     981.64   10/1/2004           90      0-29      6ML         6.75
35132760         359      114,750.00  114,672.84     7.99      841.2   10/1/2004           85      0-29      6ML        6.125
4000165005       359      224,000.00  224,000.00    6.875   1,283.33   10/1/2004           80      0-29      6ML        4.125
4000172296       359      133,000.00  132,901.29      7.5     929.96   10/1/2004           95      0-29      6ML         5.75
4000161265       359      155,700.00  155,569.19    6.875   1,022.84   10/1/2004           90      0-29      6ML        5.625
35405414         359       87,920.00   87,920.00     5.75     421.28   10/1/2004           80      0-29      6ML          3.5
34935502         359      144,500.00  144,407.85     8.25   1,085.59   10/1/2004          100      0-29      6ML        5.125
4000160260       359       60,000.00   59,954.34    7.375     414.41   10/1/2004        18.35      0-29      FIX            0
35188101         359      430,000.00  430,000.00     5.99   2,146.42   10/1/2004        55.48      0-29      6ML        3.125
34238600         359      160,000.00  160,000.00    5.875     783.33   10/1/2004           80      0-29      6ML        4.375
34544783         356      104,000.00  104,000.00      6.5     563.33    9/1/2004           80      0-29      6ML        4.875
34827196         359      116,800.00  116,800.00        6        584   10/1/2004           80      0-29      6ML        3.875
4000164914       359      232,000.00  231,863.03    8.625   1,804.47   10/1/2004          100      0-29      6ML        5.125
34621888         359      180,000.00  179,872.95     7.75   1,289.55   10/1/2004           90      0-29      6ML            6
34729178         359      121,600.00  121,600.00      5.5     557.33   10/1/2004           80      0-29      6ML        3.625
35037001         359      212,000.00  212,000.00    6.125   1,082.08   10/1/2004           80      0-29      6ML        3.875
34758664         359      280,000.00  279,821.45     8.25   2,103.55   10/1/2004          100      0-29      6ML        6.625
35145572         358      165,600.00  165,359.52    7.625   1,172.11    9/1/2004           90      0-29      FIX            0
35013515         359      178,560.00  178,560.00    6.375      948.6   10/1/2004           80      0-29      6ML         4.75
4000159453       359      228,900.00  228,900.00    6.125   1,168.34   10/1/2004           70      0-29      6ML        4.875
35114636         359      168,950.00  168,950.00     7.75   1,091.14   10/1/2004        99.97      0-29      6ML          5.5
35267608         359      269,500.00  269,500.00      6.5   1,459.79   10/1/2004           70      0-29      6ML            3
34378026         359      129,200.00  129,133.02     9.25   1,062.90   10/1/2004           85      0-29      6ML        7.375
4000165628       359      255,000.00  255,000.00    5.875   1,248.44   10/1/2004        72.86      0-29      6ML         3.75
34380469         359      144,500.00  144,410.18    8.375   1,098.31   10/1/2004        82.57      0-29      6ML         6.75
35070168         358      350,000.00  350,000.00     7.25   2,114.58    9/1/2004           80      0-29      6ML          5.5
4000159796       359       33,000.00   32,972.94    6.999     219.53   10/1/2004         54.1      0-29      FIX            0
34830349         359      230,000.00  230,000.00        6   1,150.00   10/1/2004           80      0-29      6ML        4.625
34897793         359       71,400.00   71,352.09        8     523.91   10/1/2004           70      0-29      FIX            0
34897801         359       71,400.00   71,352.09        8     523.91   10/1/2004           70      0-29      FIX            0
34897819         359       71,400.00   71,352.09        8     523.91   10/1/2004           70      0-29      FIX            0
34560284         358       70,400.00   70,289.81     7.25     480.26    9/1/2004           80      0-29      FIX            0
35012194         359      175,100.00  175,100.00    6.125     893.74   10/1/2004        84.18      0-29      6ML        3.375
34852392         359      140,250.00  140,250.00      8.5     993.44   10/1/2004           85      0-29      6ML          6.5
4000173665       359      420,000.00  420,000.00    5.125   1,793.75   10/1/2004           80      0-29      6ML        3.625
35072982         358       52,800.00   52,723.32    7.625     373.72   11/1/2004           80      0-29      6ML        3.625
35303106         359      142,200.00  142,200.00     7.25     859.13   12/1/2004           90      0-29      6ML        5.375
4000168773       359      302,900.00  302,900.00    8.375   2,113.99   10/1/2004          100      0-29      6ML        6.375
34699231         358      171,000.00  170,763.87    7.875   1,239.87    9/1/2004           95      0-29      6ML        6.125
4000165746       358      148,750.00  148,528.53      7.5   1,040.08    9/1/2004           85      0-29      6ML         5.75
34894568         359      128,000.00  127,878.55     6.25     788.12   10/1/2004           80      0-29      6ML        4.125
4000170173       359      180,000.00  180,000.00     5.75      862.5   10/1/2004        79.89      0-29      6ML        3.875
34420786         358       68,400.00   68,399.99    7.375     420.38    9/1/2004           80      0-29      6ML         4.75
34719831         358      164,000.00  163,659.88    5.875     970.13    9/1/2004           80      0-29      6ML         4.25
34761742         359      337,600.00  337,600.00     5.75   1,617.67   10/1/2004           80      0-29      6ML            4
34782086         359      408,000.00  408,000.00     5.25   1,785.00   10/1/2004           80      0-29      6ML        3.375
34854919         359      169,200.00  169,200.00    6.625     934.13   10/1/2004           90      0-29      6ML         4.75
35077841         359       73,600.00   73,600.00    5.875     360.33   10/1/2004           80      0-29      6ML         3.75
34867390         359      141,300.00  141,218.70     8.75   1,111.61   10/1/2004           90      0-29      6ML         6.75
34797209         358      260,000.00  260,000.00     6.25   1,354.17    9/1/2004           80      0-29      6ML        4.125
4000162286       359      170,000.00  170,000.00    7.125   1,009.37   10/1/2004           85      0-29      6ML          4.5
4000165272       359      650,000.00  650,000.00     6.25   3,385.42   10/1/2004        69.89      0-29      6ML         3.75
4000169273       359       82,800.00   82,752.36     8.75     651.39   10/1/2004           90      0-29      6ML        7.125
34977256         359      118,750.00  118,750.00    6.875     680.34   10/1/2004           95      0-29      6ML         5.25
35206119         359      296,000.00  296,000.00      6.5   1,603.33   10/1/2004        83.38      0-29      6ML        5.125
34864488         359      432,250.00  431,736.38    6.625   2,767.75   10/1/2004           95      0-29      6ML        5.125
34981605         359      113,900.00  113,900.00    8.625     818.66   10/1/2004        82.24      0-29      FIX            0
35130145         359      184,000.00  183,825.33     6.25   1,132.92   10/1/2004        96.84      0-29      6ML        5.625
34658617         359       68,000.00   67,946.23        8     498.96   10/1/2004           85      0-29      6ML        6.375
34526657         359       88,800.00   88,800.00      6.5        481   10/1/2004           80      0-29      6ML        4.375
4000162809       359      127,750.00  127,642.67    6.875     839.23   10/1/2004        94.98      0-29      6ML          5.5
34717777         358      175,050.00  174,624.22    5.625   1,007.69    9/1/2004        79.99      0-29      6ML            4
34971010         359      112,410.00  112,410.00    7.875     737.69   10/1/2004           90      0-29      6ML        5.875
35073543         359      242,250.00  242,083.28    7.875   1,756.49   10/1/2004           85      0-29      FIX            0
35224740         359       40,500.00   40,476.08    8.625     315.01   10/1/2004           90      0-29      FIX            0
34756908         359      207,900.00  207,900.00        7   1,212.75   10/1/2004        79.99      0-29      6ML        5.125
35247709         359      543,600.00  543,131.97     6.75   3,525.78   10/1/2004           80      0-29      FIX            0
34529883         359      293,400.00  293,176.74    7.375   2,026.45   10/1/2004           90      0-29      6ML          5.5
34941799         359      196,000.00  196,000.00     7.75   1,265.83   10/1/2004        89.99      0-29      6ML            6
34941591         359      151,100.00  151,100.00        6      755.5   10/1/2004        79.99      0-29      6ML        3.625
4000164573       359      133,600.00  133,600.00    6.125     681.92   10/1/2004           80      0-29      6ML            4
4000161299       359      135,000.00  134,889.32    6.999     898.07   10/1/2004        78.49      0-29      6ML        4.875
35158112         359      145,000.00  144,912.15      8.5   1,114.93   10/1/2004          100      0-29      6ML            6
34719609         359      475,500.00  475,500.00     7.75   3,070.94   10/1/2004        86.45      0-29      6ML        6.125
4000175837       359      157,000.00  156,889.19     7.75   1,124.77   10/1/2004          100      0-29      6ML        5.875
35231240         359      181,000.00  180,862.27    7.375   1,250.13   10/1/2004         68.3      0-29      6ML         5.25
35249457         359       94,900.00   94,825.96     7.25     647.39   10/1/2004         94.9      0-29      6ML        5.625
35343029         359      263,100.00  263,100.00        6   1,315.50   10/1/2004        79.99      0-29      6ML        3.625
4000177365       359      161,500.00  161,374.02     7.25   1,101.71   10/1/2004           95      0-29      6ML         5.75
34934125         359      151,200.00  151,090.56    7.625   1,070.19   10/1/2004           90      0-29      6ML         6.25
34856302         359      173,850.00  173,717.71    7.375   1,200.74   10/1/2004           95      0-29      FIX            0
35142124         358      246,500.00  246,200.26      8.5   1,895.38    9/1/2004           85      0-29      6ML        6.875
4000157298       358       93,800.00   93,800.00     6.75     527.63    9/1/2004        60.13      0-29      6ML         3.75
4000176018       359      218,400.00  218,400.00        6   1,092.00   10/1/2004           80      0-29      6ML         3.75
34894824         358      150,450.00  150,450.00        6     752.25    9/1/2004           85      0-29      6ML        4.375
34990184         358      259,750.00  259,649.94     6.75   1,461.09    9/1/2004        79.75      0-29      6ML            5
35203231         359      165,000.00  164,883.53     7.75   1,182.09   10/1/2004        48.67      0-29      FIX            0
34660688         359       68,000.00   67,953.20    7.875     493.05   10/1/2004          100      0-29      FIX            0
4000151129       359      380,000.00  380,000.00     6.25   1,979.17   10/1/2004           95      0-29      6ML            5
4000162824       359       71,250.00   71,200.97    7.875     516.61   10/1/2004           95      0-29      FIX            0
4000157877       358      131,600.00  131,600.00    6.625     726.54    9/1/2004           80      0-29      6ML         4.75
34435206         358      198,800.00  198,421.75     6.25   1,224.05    9/1/2004           80      0-29      6ML        4.625
34992438         359      158,000.00  157,882.00      7.5   1,104.76   10/1/2004        65.83      0-29      FIX            0
4000165281       359      171,000.00  170,856.34    6.875   1,123.35   10/1/2004           95      0-29      6ML        5.625

<CAPTION>
             INITIAL  PERIODIC                           PREPAYMENT
  LOANID       CAP      CAP       FLOOR    CEILING          TERM                                PREPAYMENT PENALTY
--------------------------------------------------------------------------------------------------------------------------
<S>             <C>      <C>      <C>       <C>              <C>                        <C>
34926188        3        1            7         13           36                              6 mo.s interest less 20% obal
34832865        3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
4000171527      3        1        8.625     14.625           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34525428        3        1         6.75      12.75           12                                                 2% prepaid
34004606        0        0            0          0           36                              6 mo.s interest less 20% obal
4000173157      3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
34996264        3        1         7.25      13.25           36                         min (2% prepaid, 60 days interest)
34860106        3        1         7.75      13.75           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34996579        3        1          7.5       13.5           36                         min (2% prepaid, 60 days interest)
4000173987      3        1          6.5       12.5           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34751354        0        0            0          0           36                              6 mo.s interest less 20% obal
35144906        3        1        8.375     14.375            0                                                       None
35132760        3        1         7.99      13.99           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000165005      3        1        6.875     12.875           12                              6 mo.s interest less 20% obal
4000172296      3        1          7.5       13.5           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000161265      3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
35405414        3        1         5.75      11.75           24                              6 mo.s interest less 20% obal
34935502        3        1         8.25      14.25           36                              6 mo.s interest less 20% obal
4000160260      0        0            0          0            0                                                       None
35188101        3        1         5.99      11.99           24                              6 mo.s interest less 20% obal
34238600        1        1        5.875     11.875           36                              6 mo.s interest less 20% obal
34544783        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
34827196        3        1            6         12           24                              6 mo.s interest less 20% obal
4000164914      3        1        8.625     14.625            0                                                       None
34621888        3        1         7.75      13.75           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34729178        3        1          5.5       11.5           36                              6 mo.s interest less 20% obal
35037001        3        1        6.125     12.125           36                              6 mo.s interest less 20% obal
34758664        3        1         8.25      14.25           24                              6 mo.s interest less 20% obal
35145572        0        0            0          0            0                                                       None
35013515        3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
4000159453      3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
35114636        3        1         7.75      13.75           36                              6 mo.s interest less 20% obal
35267608        3        1          6.5       12.5           12                              6 mo.s interest less 20% obal
34378026        3        1         9.25      15.25           24                              6 mo.s interest less 20% obal
4000165628      3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
34380469        3        1        8.375     14.375            0                                                       None
35070168        3        1         7.25      13.25            0                                                       None
4000159796      0        0            0          0           36                              6 mo.s interest less 20% obal
34830349        3        1            6         12           36                              6 mo.s interest less 20% obal
34897793        0        0            0          0           36                              6 mo.s interest less 20% obal
34897801        0        0            0          0           36                              6 mo.s interest less 20% obal
34897819        0        0            0          0           36                              6 mo.s interest less 20% obal
34560284        0        0            0          0            0                                                       None
35012194        3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
34852392        3        1          8.5       14.5           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000173665      3        1        5.125     11.125           36                              6 mo.s interest less 20% obal
35072982        3        1        7.625     13.625            0                                                       None
35303106        3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
4000168773      3        1        8.375     14.375            0                                                       None
34699231        3        1        7.875     13.875           24                              6 mo.s interest less 20% obal
4000165746      3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
34894568        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
4000170173      3        1         5.75      11.75            0                                                       None
34420786        3        1        7.375     13.375           24                              6 mo.s interest less 20% obal
34719831        3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
34761742        3        1         5.75      11.75           24                              6 mo.s interest less 20% obal
34782086        3        1         5.25      11.25           24                              6 mo.s interest less 20% obal
34854919        3        1        6.625     12.625           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35077841        3        1        5.875     11.875            0                                                       None
34867390        3        1         8.75      14.75            0                                                       None
34797209        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
4000162286      3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
4000165272      3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
4000169273      3        1         8.75      14.75           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34977256        3        1        6.875     12.875           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35206119        3        1          6.5       12.5           36                              6 mo.s interest less 20% obal
34864488        3        1        6.625     12.625            0                                                       None
34981605        0        0            0          0           24                                                 1% prepaid
35130145        3        1         6.25      12.25           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34658617        3        1            8         14           24                                                 2% prepaid
34526657        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
4000162809      3        1        6.875     12.875           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34717777        3        1        5.625     11.625           24                              6 mo.s interest less 20% obal
34971010        3        1        7.875     13.875           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35073543        0        0            0          0            0                                                       None
35224740        0        0            0          0            0                                                       None
34756908        3        1            7         13            0                                                       None
35247709        0        0            0          0           36                              6 mo.s interest less 20% obal
34529883        3        1        7.375     13.375            0                                                       None
34941799        3        1         7.75      13.75           24                              6 mo.s interest less 20% obal
34941591        3        1            6         12           36                              6 mo.s interest less 20% obal
4000164573      3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
4000161299      3        1        6.999     12.999           24                              6 mo.s interest less 20% obal
35158112        3        1          8.5       14.5            0                                                       None
34719609        3        1         7.75      13.75           36                              6 mo.s interest less 20% obal
4000175837      3        1         7.75      13.75           24                              6 mo.s interest less 20% obal
35231240        3        1        7.375     13.375           24                              6 mo.s interest less 20% obal
35249457        3        1         7.25      13.25           36                              6 mo.s interest less 20% obal
35343029        3        1            6         12           24                              6 mo.s interest less 20% obal
4000177365      3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
34934125        3        1        7.625     13.625           24                              6 mo.s interest less 20% obal
34856302        0        0            0          0           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35142124        3        1          8.5       14.5           36                              6 mo.s interest less 20% obal
4000157298      3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
4000176018      3        1            6         12           12                              6 mo.s interest less 20% obal
34894824        3        1            6         12           36                              6 mo.s interest less 20% obal
34990184        3        1         6.75      12.75           24                         min (2% prepaid, 60 days interest)
35203231        0        0            0          0           36                              6 mo.s interest less 20% obal
34660688        0        0            0          0            0                                                       None
4000151129      3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
4000162824      0        0            0          0            0                                                       None
4000157877      3        1        6.625     12.625           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34435206        3        1         6.25      12.25            0                                                       None
34992438        0        0            0          0           36                         min (2% prepaid, 60 days interest)
4000165281      3        1        6.875     12.875           24                              3%/2%/1%-1st yr/2nd yr/3rd yr

<CAPTION>
                                              PAYMENT
              FIRST RATE      RATE RESET       RESET                                  MI
  LOANID      RESET DATE       FREQUENCY     FREQUENCY  PURPOSE   DIV  IO    IOTERM  FLAG
-----------------------------------------------------------------------------------------
<S>           <C>                  <C>            <C>  <C>         <C>  <C>    <C>    <C>
34926188        9/1/2007           6              6    Purchase    N    Y      60     Y
34832865        9/1/2006           6              6    C/O Refi    N    Y      60     N
4000171527      9/1/2006           6              6    C/O Refi    N    N       0     Y
34525428        9/1/2006           6              6    C/O Refi    N    Y      60     N
34004606      00/00/0000           0              0    C/O Refi    N    N       0     N
4000173157      9/1/2009           6              6    R/T Refi    N    N       0     N
34996264        9/1/2006           6              6    C/O Refi    N    Y      60     N
34860106        9/1/2006           6              6    C/O Refi    N    Y      60     Y
34996579        9/1/2006           6              6    Purchase    N    Y      60     N
4000173987      9/1/2007           6              6    Purchase    N    Y      60     N
34751354      00/00/0000           0              0    C/O Refi    N    N       0     Y
35144906        9/1/2007           6              6    C/O Refi    N    N       0     Y
35132760        9/1/2006           6              6    C/O Refi    N    N       0     Y
4000165005      9/1/2006           6              6    Purchase    N    Y      60     N
4000172296      9/1/2006           6              6    R/T Refi    N    N       0     N
4000161265      9/1/2006           6              6    Purchase    N    N       0     Y
35405414        9/1/2006           6              6    Purchase    N    Y      60     N
34935502        9/1/2007           6              6    Purchase    N    N       0     N
4000160260    00/00/0000           0              0    R/T Refi    N    N       0     N
35188101        9/1/2009           6              6    C/O Refi    N    Y      60     N
34238600        3/1/2005           6              6    R/T Refi    N    Y      60     N
34544783        6/1/2006           6              6    Purchase    N    Y      60     N
34827196        9/1/2006           6              6    Purchase    N    Y      60     N
4000164914      9/1/2006           6              6    Purchase    N    N       0     N
34621888        9/1/2006           6              6    C/O Refi    N    N       0     Y
34729178        9/1/2006           6              6    C/O Refi    N    Y      60     N
35037001        9/1/2009           6              6    Purchase    N    Y      60     N
34758664        9/1/2006           6              6    C/O Refi    N    N       0     N
35145572      00/00/0000           0              0    C/O Refi    N    N       0     Y
35013515        9/1/2006           6              6    Purchase    N    Y      60     N
4000159453      9/1/2006           6              6    Purchase    N    Y      60     N
35114636        9/1/2009           6              6    R/T Refi    N    Y      60     N
35267608        9/1/2009           6              6    Purchase    N    Y      60     N
34378026        9/1/2006           6              6    C/O Refi    N    N       0     Y
4000165628      9/1/2006           6              6    C/O Refi    N    Y      60     N
34380469        9/1/2006           6              6    R/T Refi    N    N       0     Y
35070168        8/1/2007           6              6    Purchase    N    Y      60     N
4000159796    00/00/0000           0              0    R/T Refi    N    N       0     N
34830349        9/1/2006           6              6    Purchase    N    Y      60     N
34897793      00/00/0000           0              0    C/O Refi    N    N       0     N
34897801      00/00/0000           0              0    C/O Refi    N    N       0     N
34897819      00/00/0000           0              0    C/O Refi    N    N       0     N
34560284      00/00/0000           0              0    C/O Refi    N    N       0     N
35012194        9/1/2006           6              6    R/T Refi    N    Y      60     Y
34852392        9/1/2006           6              6    R/T Refi    N    Y      60     N
4000173665      9/1/2006           6              6    Purchase    N    Y      60     N
35072982        8/1/2007           6              6    Purchase    N    N       0     N
35303106        9/1/2006           6              6    C/O Refi    N    Y      60     Y
4000168773      9/1/2006           6              6    Purchase    N    Y      60     N
34699231        8/1/2009           6              6    Purchase    N    N       0     Y
4000165746      8/1/2006           6              6    C/O Refi    N    N       0     Y
34894568        9/1/2006           6              6    C/O Refi    N    N       0     N
4000170173      9/1/2006           6              6    Purchase    N    Y      60     N
34420786        8/1/2009           6              6    Purchase    N    Y      60     N
34719831        8/1/2006           6              6    Purchase    N    N       0     N
34761742        9/1/2006           6              6    Purchase    N    Y      60     N
34782086        9/1/2006           6              6    Purchase    N    Y      60     N
34854919        9/1/2006           6              6    Purchase    N    Y      60     Y
35077841        9/1/2006           6              6    Purchase    N    Y      60     N
34867390        9/1/2007           6              6    C/O Refi    N    N       0     Y
34797209        8/1/2006           6              6    Purchase    N    Y      60     N
4000162286      9/1/2006           6              6    Purchase    N    Y      60     N
4000165272      9/1/2006           6              6    C/O Refi    N    Y      60     N
4000169273      9/1/2006           6              6    R/T Refi    N    N       0     N
34977256        9/1/2006           6              6    C/O Refi    N    Y      60     Y
35206119        9/1/2006           6              6    C/O Refi    N    Y      60     Y
34864488        9/1/2009           6              6    Purchase    N    N       0     Y
34981605      00/00/0000           0              0    Purchase    N    Y      60     Y
35130145        9/1/2006           6              6    C/O Refi    N    N       0     N
34658617        9/1/2006           6              6    C/O Refi    N    N       0     Y
34526657        9/1/2006           6              6    Purchase    N    Y      60     N
4000162809      9/1/2006           6              6    R/T Refi    N    N       0     N
34717777        8/1/2006           6              6    Purchase    N    N       0     N
34971010        9/1/2006           6              6    Purchase    N    Y      60     N
35073543      00/00/0000           0              0    C/O Refi    N    N       0     Y
35224740      00/00/0000           0              0    Purchase    N    N       0     N
34756908        9/1/2006           6              6    Purchase    N    Y      60     N
35247709      00/00/0000           0              0    Purchase    N    N       0     N
34529883        9/1/2006           6              6    C/O Refi    N    N       0     N
34941799        9/1/2006           6              6    Purchase    N    Y      60     N
34941591        9/1/2009           6              6    Purchase    N    Y      60     N
4000164573      9/1/2006           6              6    Purchase    N    Y      60     N
4000161299      9/1/2006           6              6    R/T Refi    N    N       0     N
35158112        9/1/2007           6              6    C/O Refi    N    N       0     N
34719609        9/1/2006           6              6    C/O Refi    N    Y      60     N
4000175837      9/1/2006           6              6    Purchase    N    N       0     N
35231240        9/1/2006           6              6    C/O Refi    N    N       0     N
35249457        9/1/2007           6              6    R/T Refi    N    N       0     Y
35343029        9/1/2009           6              6    Purchase    N    Y      60     N
4000177365      9/1/2006           6              6    Purchase    N    N       0     Y
34934125        9/1/2009           6              6    Purchase    N    N       0     Y
34856302      00/00/0000           0              0    C/O Refi    N    N       0     N
35142124        8/1/2007           6              6    C/O Refi    N    N       0     Y
4000157298      8/1/2006           6              6    Purchase    N    Y      60     N
4000176018      9/1/2006           6              6    Purchase    N    Y      60     N
34894824        8/1/2006           6              6    Purchase    N    Y      60     N
34990184        8/1/2006           6              6    Purchase    N    Y      60     N
35203231      00/00/0000           0              0    C/O Refi    N    N       0     N
34660688      00/00/0000           0              0    Purchase    N    N       0     N
4000151129      9/1/2006           6              6    Purchase    N    Y      60     Y
4000162824    00/00/0000           0              0    Purchase    N    N       0     Y
4000157877      8/1/2007           6              6    Purchase    N    Y      60     N
34435206        8/1/2006           6              6    Purchase    N    N       0     N
34992438      00/00/0000           0              0    C/O Refi    N    N       0     N
4000165281      9/1/2006           6              6    C/O Refi    N    N       0     Y
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
                                                          PROPERTY                    ORIGINAL ORIGINATION  FIRST PAY   MATURITY
  LOANID              CITY                 ZIP    STATE     TYPE       OCCUPANCY        TERM      DATE        DATE        DATE
--------------------------------------------------------------------------------------------------------------------------------
<S>           <C>                         <C>       <C>   <C>        <C>                <C>     <C>         <C>         <C>
4000153267    ELK GROVE                   95758     CA       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35078724      SUMMERVILLE                 29485     SC       PUD     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
4000163674    CHAGRIN FALLS               44023     OH       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
4000165727    NAPA                        94558     CA       SFR     Owner Occupied     360     7/27/2004   10/1/2004   9/1/2034
34800623      LONG BEACH                  90813     CA    Units 2-4  Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
34696500      WEST PALM BEACH             33411     FL       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
4000157288    UKIAH                       95482     CA       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
4000177106    SPOKANE VALLEY              99216     WA       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
4000177496    ODESSA                      79762     TX       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34236836      TUCSON                      85741     AZ       SFR     Owner Occupied     360     7/26/2004    9/1/2004   8/1/2034
4000171634    SAUGUS AREA                 91350     CA       PUD     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
34760934      SYKESVILLE                  21784     MD       PUD     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
34720342      SAN BERNARDINO              92407     CA       SFR     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
35079714      CHARLOTTE                   28269     NC       PUD        Investor        360     8/27/2004   10/1/2004   9/1/2034
4000168767    PASO ROBLES                 93446     CA       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
34424929      CHARLOTTE                   28215     NC       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34762492      EASTLAKE                    44095     OH       SFR     Owner Occupied     180     6/23/2004    8/1/2004   7/1/2019
34708396      PALM SPRINGS                92262     CA       PUD     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
34559948      COMMERCE                    75428     TX       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
34861153      OVERLAND                    63114     MO       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
35085612      CINCINNATI                  45224     OH       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
4000178740    REEDLEY                     93654     CA       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35246495      HOUSTON                     77095     TX       PUD     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
4000173145    EUCLID                      44119     OH       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34973214      DUBLIN                      43017     OH       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34993402      MONTICELLO                  55362     MN       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
4000159604    MERCED                      95348     CA       SFR     Owner Occupied     360     7/21/2004    9/1/2004   8/1/2034
33560228      CHULA VISTA                 91913     CA      Condo    Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34279331      HARVEY                      70058     LA       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
34868125      BAY SHORE                   11706     NY       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
4000175660    PRINCE GEORGE               20746     MD       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
35113117      DALLAS                      75237     TX       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
4000170664    PAWTUCKET                    2860     RI    Units 2-4  Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
33016759      CLAYTON                     46118     IN       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
34647131      MILWAUKEE                   53218     WI       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
35075423      GARNER                      27529     NC       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
34971168      BOWLING GREEN               42101     KY       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
4000175913    HOUSTON                     77053     TX       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
35082874      CINCINNATI                  45213     OH       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
35073469      NORTH AUGUSTA               29841     SC       SFR     Owner Occupied     360      8/6/2004    9/1/2004   8/1/2034
35159524      STOCKBRIDGE                 30281     GA       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34896449      BUNNELL                     32110     FL       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
35382175      GOODYEAR                    85338     AZ       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35208867      CARLSBAD                    92009     CA       PUD     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34380956      BALLY                       19503     PA       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
34580605      LOVELAND                    80537     CO       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
35302926      LAS VEGAS                   89107     NV       PUD     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
33016270      MUNCIE                      47302     IN       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
4000174741    NORTH MIAMI BEACH           33181     FL      Condo    Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
4000175249    DETROIT                     48202     MI       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
4000175941    MARCELLUS                   49067     MI       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34759050      MECHANICSVILLE              20659     MD       SFR     Owner Occupied     360      8/5/2004    9/1/2004   8/1/2034
35284512      BEAVER FALLS                15010     PA       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34940288      BEND                        97701     OR       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
34965996      LIMA                        45801     OH       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35076918      RALEIGH                     27616     NC       PUD     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
35078567      CHARLOTTE                   28269     NC       PUD     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
35155993      SAVANNAH                    31401     GA       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
35208347      MORENO VALLEY               92555     CA       PUD     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
35284900      SOMERSET                     8873     NJ       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
4000172833    COLUMBUS                    43219     OH       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
4000173677    DEXTER                      48130     MI      Condo    Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
4000175801    BROOKLYN                    11221     NY    Units 2-4  Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
33862814      RACINE                      53403     WI       SFR     Owner Occupied     360      5/5/2004    7/1/2004   6/1/2034
34647107      MILWAUKEE                   53209     WI       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
34758482      HYATTSVILLE                 20784     MD       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
4000168370    TACOMA                      98466     WA      Condo    Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
34659870      SAINT LOUIS                 63116     MO    Units 2-4  Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34981696      LIMA                        45804     OH       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
35234160      PLEASANT GROVE              35127     AL       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35286301      CROYDON                     19021     PA       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35343722      LANHAM                      20706     MD       PUD     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35366962      ROY                         84067     UT       PUD        Investor        360     8/26/2004   10/1/2004   9/1/2034
4000176437    GAHANNA                     43230     OH       SFR     Owner Occupied     180     8/25/2004   10/1/2004   9/1/2019
4000179563    SPOKANE                     99207     WA       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34379396      LAURELDALE                  19605     PA       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34895698      ORLANDO                     32825     FL       SFR     Owner Occupied     360     7/23/2004    9/1/2004   8/1/2034
4000164804    OSCODA                      48750     MI       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34652370      SAINT LOUIS                 63135     MO       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
34899914      DOTHAN                      36301     AL       SFR     Owner Occupied     360      8/5/2004    9/1/2004   8/1/2034
35153295      COVINGTON                   30016     GA       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
4000171040    TOLEDO                      43623     OH       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
4000172106    LEWISTON                    49756     MI       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34376830      EASTON                      18042     PA       SFR     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
34680058      LONG BEACH                  90806     CA       SFR     Owner Occupied     360     6/29/2004    9/1/2004   8/1/2034
34749572      SEVERN                      21144     MD       PUD     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
34909093      STOCKBRIDGE                 30281     GA       PUD     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
34928432      PORTLAND                    97206     OR       SFR     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
34950030      RENO                        89506     NV       PUD     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
35071513      DURHAM                      27713     NC       PUD     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34021709      LEAGUE CITY                 77573     TX       PUD     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34965194      HARRISON                    45030     OH       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
35076603      WAXHAW                      28173     NC       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35111269      JUSTIN                      76247     TX       PUD     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
33627878      HOLLY                       48442     MI       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35367036      SANDY                       84092     UT       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000168882    FORT LAUDERDALE             33331     FL       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
34832691      FITCHBURG                    1420     MA    Units 2-4  Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
34993584      SAINT PAUL                  55103     MN       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
34738815      DRAPER                      84020     UT       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
4000166771    SAN FRANCISCO               94132     CA      Condo    Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
35195494      RANCHO CUCAMONGA            91739     CA       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35265446      YUCAIPA                     92399     CA       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
35363191      WEST VALLEY CITY            84120     UT       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35153048      FAIRBURN                    30213     GA       PUD     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034

<CAPTION>
                                                                                      ORIGINAL
                                                                                      COMBAINED
              REMAINING     ORIGINAL   SCHEDULED                       PAID THRU       LOAN TO      OTS
  LOANID        TERM        BALANCE     BALANCE      RATE      P&I        DATE          VALUE   DELINQUENCY INDEX       MARGIN
------------------------------------------------------------------------------------------------------------------------------
<S>              <C>      <C>         <C>           <C>     <C>        <C>              <C>        <C>       <C>        <C>
4000153267       359      361,450.00  361,450.00        6   1,807.25   10/1/2004        79.99      0-29      6ML            4
35078724         359      156,900.00  156,900.00    8.625   1,127.72   10/1/2004          100      0-29      6ML            6
4000163674       359      178,500.00  178,353.69        7   1,187.56   10/1/2004           85      0-29      6ML         6.25
4000165727       359      297,000.00  297,000.00     6.75   1,670.63   10/1/2004           90      0-29      6ML        5.125
34800623         359      320,300.00  320,300.00    5.625   1,501.41   10/1/2004        69.63      0-29      6ML          3.5
34696500         359      242,150.00  242,150.00     6.99   1,410.52   10/1/2004           95      0-29      6ML          5.5
4000157288       359      400,000.00  400,000.00    5.125   1,708.33   10/1/2004        92.38      0-29      6ML         4.25
4000177106       359      195,510.00  195,510.00     6.75   1,099.74   10/1/2004           95      0-29      6ML        5.375
4000177496       359       47,500.00   47,471.23      8.5     365.23   10/1/2004          100      0-29      FIX            0
34236836         358       80,000.00   79,886.71     7.75     573.13    9/1/2004           64      0-29      6ML          5.5
4000171634       359      545,250.00  545,250.00      7.5   3,407.81   10/1/2004        94.99      0-29      6ML         5.25
34760934         359      255,000.00  255,000.00      7.5   1,593.75   10/1/2004        88.24      0-29      6ML            6
34720342         359      319,200.00  319,200.00    4.875   1,296.75   10/1/2004           80      0-29      6ML        3.375
35079714         359      238,000.00  238,000.00        7   1,388.33   10/1/2004        89.71      0-29      6ML         4.75
4000168767       359      252,000.00  252,000.00      5.5   1,155.00   10/1/2004           80      0-29      6ML          3.5
34424929         359      104,650.00  104,568.36     7.25      713.9   10/1/2004        99.97      0-29      6ML        5.875
34762492         177       45,000.00   44,552.51     6.75     398.21    9/1/2004        42.45      0-29      FIX            0
34708396         359      127,000.00  126,893.30    6.875      834.3   10/1/2004        44.21      0-29      FIX            0
34559948         359      103,200.00  103,119.49     7.25     704.01   10/1/2004           80      0-29      6ML        5.375
34861153         359       84,600.00   84,535.62    7.375     584.32   10/1/2004           80      0-29      6ML         5.75
35085612         359       92,000.00   91,924.43     6.99     611.47   10/1/2004          100      0-29      6ML          5.5
4000178740       359      151,900.00  151,900.00    5.875     743.68   10/1/2004        79.99      0-29      6ML            4
35246495         359      146,650.00  146,543.86    7.625   1,037.98   10/1/2004        84.99      0-29      6ML        5.875
4000173145       359       90,000.00   89,936.48     7.75     644.77   10/1/2004        74.38      0-29      6ML        4.625
34973214         359      235,400.00  235,400.00    6.625   1,299.60   10/1/2004          100      0-29      6ML         5.25
34993402         359      190,000.00  190,000.00    6.875   1,088.54   10/1/2004           95      0-29      6ML          5.5
4000159604       358      171,200.00  171,200.00    5.999     855.86    9/1/2004           80      0-29      6ML        3.875
33560228         359      292,800.00  292,800.00     6.75   1,647.00   10/1/2004        79.99      0-29      6ML            4
34279331         359       94,350.00   94,350.00    8.125     638.83   10/1/2004           85      0-29      6ML        5.875
34868125         359      210,000.00  209,832.07    7.125   1,414.81   10/1/2004           70      0-29      FIX            0
4000175660       359      124,000.00  124,000.00    5.625     581.25   10/1/2004           80      0-29      6ML        3.375
35113117         359       70,700.00   70,656.05    8.375     537.38   10/1/2004           70      0-29      FIX            0
4000170664       359      169,000.00  168,847.23      6.5   1,068.19   10/1/2004        78.97      0-29      6ML        4.375
33016759         359      120,000.00  119,913.14    7.625     849.36   10/1/2004        88.24      0-29      6ML         6.25
34647131         359       62,900.00   62,866.52    9.125     511.78   10/1/2004           85      0-29      6ML        6.875
35075423         359      147,900.00  147,900.00    6.375     785.72   10/1/2004        79.99      0-29      6ML         3.75
34971168         359       68,400.00   68,365.46    9.375     568.92   10/1/2004           90      0-29      6ML        7.375
4000175913       359       90,000.00   89,946.87    8.625     700.01   10/1/2004          100      0-29      6ML        6.375
35082874         359      125,000.00  125,000.00    6.375     664.06   10/1/2004          100      0-29      6ML        5.125
35073469         358      141,200.00  141,028.31      8.5   1,085.71   10/1/2004        89.99      0-29      FIX            0
35159524         359      137,000.00  136,917.00      8.5   1,053.42   10/1/2004          100      0-29      6ML        5.625
34896449         359       80,400.00   80,400.00     6.75     452.25   10/1/2004           80      0-29      6ML         4.25
35382175         359      139,500.00  139,500.00        8        930   10/1/2004           90      0-29      6ML            6
35208867         359      665,000.00  665,000.00    6.625   3,671.35   10/1/2004           70      0-29      6ML         3.75
34380956         359      157,500.00  157,404.59      8.5   1,211.04   10/1/2004           90      0-29      6ML            7
34580605         359      179,200.00  179,049.45    6.875   1,177.22   10/1/2004           70      0-29      6ML        4.875
35302926         359      128,000.00  128,000.00    6.875     733.33   10/1/2004           80      0-29      6ML         4.75
33016270         359       58,500.00   58,455.48    7.375     404.05   10/1/2004           90      0-29      6ML        5.625
4000174741       359      125,000.00  124,913.97    7.875     906.34   10/1/2004          100      0-29      6ML          5.5
4000175249       359      185,250.00  185,112.52      7.5   1,295.29   10/1/2004           95      0-29      6ML         6.25
4000175941       359       71,900.00   71,850.52    7.875     521.32   10/1/2004        94.98      0-29      6ML        6.625
34759050         358      189,600.00  189,600.00     6.99   1,104.42    9/1/2004           80      0-29      6ML        5.375
35284512         359      104,900.00  104,821.85      7.5     733.48   10/1/2004          100      0-29      6ML        6.125
34940288         359      194,500.00  194,500.00     6.75   1,094.06   10/1/2004        89.63      0-29      6ML        5.125
34965996         359       62,500.00   62,456.99    7.875     453.17   10/1/2004          100      0-29      6ML         6.25
35076918         359      124,100.00  124,100.00    6.125     633.43   10/1/2004        79.98      0-29      6ML        4.125
35078567         359      179,000.00  179,000.00    7.125   1,062.81   10/1/2004          100      0-29      6ML          5.5
35155993         359       85,000.00   84,928.59    6.875     558.39   10/1/2004        56.67      0-29      6ML            5
35208347         359      439,550.00  439,550.00    7.125   2,609.83   10/1/2004        94.99      0-29      6ML          5.5
35284900         359      352,000.00  351,681.79      6.5   2,224.88   10/1/2004        64.59      0-29      6ML            4
4000172833       359       78,850.00   78,798.42    8.125     585.46   10/1/2004           95      0-29      6ML          6.5
4000173677       359      259,445.00  259,221.62     6.75   1,682.76   10/1/2004           95      0-29      6ML          5.5
4000175801       359      372,000.00  372,000.00     6.25   1,937.50   10/1/2004           80      0-29      6ML        4.125
33862814         356      131,200.00  130,606.90     6.99        872    9/1/2004        87.47      0-29      6ML        6.125
34647107         359       72,000.00   71,961.68    9.125     585.82   10/1/2004           90      0-29      FIX            0
34758482         359      199,750.00  199,750.00        7   1,165.21   10/1/2004           85      0-29      6ML          5.5
4000168370       359      178,400.00  178,400.00    7.875   1,170.75   10/1/2004           80      0-29      6ML        5.125
34659870         359      161,500.00  161,364.31    6.875   1,060.95   10/1/2004        99.69      0-29      FIX            0
34981696         359       89,000.00   88,948.79     8.75     700.17   10/1/2004          100      0-29      FIX            0
35234160         359      134,900.00  134,822.39     8.75   1,061.26   10/1/2004          100      0-29      FIX            0
35286301         359       99,750.00   99,687.99    8.375     758.18   10/1/2004           75      0-29      6ML        6.125
35343722         359      416,500.00  416,150.09    6.875   2,736.11   10/1/2004           85      0-29      6ML        5.625
35366962         359      122,050.00  122,050.00    6.125     622.96   10/1/2004        89.97      0-29      6ML         4.25
4000176437       179      131,400.00  131,016.05    7.875   1,246.26   10/1/2004           90      0-29      FIX            0
4000179563       359       32,000.00   31,977.98    7.875     232.02   10/1/2004           80      0-29      6ML         5.75
34379396         359       72,000.00   71,939.51    6.875     472.99   10/1/2004           80      0-29      6ML            5
34895698         358      172,350.00  172,117.45     7.99   1,263.45    9/1/2004           90      0-29      6ML          6.5
4000164804       359       70,400.00   70,353.95    8.125     522.72   10/1/2004           80      0-29      6ML        6.375
34652370         359       57,000.00   56,957.69      7.5     398.56   10/1/2004        87.69      0-29      6ML         5.75
34899914         358       57,600.00   57,600.00    7.375        354    9/1/2004           80      0-29      6ML        5.875
35153295         359       94,320.00   94,320.00        6      471.6   10/1/2004           80      0-29      6ML        3.875
4000171040       359      134,000.00  133,922.88     8.75   1,054.18   10/1/2004          100      0-29      6ML            7
4000172106       359      116,250.00  116,172.00        8        853   10/1/2004           75      0-29      6ML        5.375
34376830         358       70,800.00   70,718.22     8.75     556.99   10/1/2004        87.41      0-29      FIX            0
34680058         358      322,400.00  322,400.00    5.875   1,578.42    9/1/2004           80      0-29      6ML        3.875
34749572         359      381,650.00  381,380.63     7.75   2,734.19   10/1/2004           95      0-29      6ML        5.375
34909093         359      318,350.00  318,350.00      6.5   1,724.40   10/1/2004        87.22      0-29      6ML         7.25
34928432         358      138,400.00  138,300.00    6.375     735.25    9/1/2004        79.96      0-29      6ML         4.25
34950030         359      193,900.00  193,740.75     6.99   1,288.72   10/1/2004           70      0-29      6ML            5
35071513         359      137,750.00  137,637.08        7     916.46   10/1/2004        79.98      0-29      6ML        4.625
34021709         359       61,900.00   61,685.31    8.625     481.46   10/1/2004        53.83      0-29      6ML        5.375
34965194         359      209,150.00  209,150.00    6.875   1,198.26   10/1/2004        99.98      0-29      6ML          5.5
35076603         359      158,400.00  158,400.00      6.5        858   10/1/2004        91.75      0-29      6ML            5
35111269         359       89,900.00   89,845.53      8.5     691.26   10/1/2004        89.99      0-29      6ML         6.75
33627878         359      202,300.00  202,300.00      7.5   1,264.38   10/1/2004        94.98      0-29      6ML        6.125
35367036         359      536,000.00  536,000.00        6   2,680.00   10/1/2004           80      0-29      6ML        3.375
4000168882       359      560,000.00  560,000.00        7   3,266.67   10/1/2004           80      0-29      6ML            5
34832691         359      214,200.00  214,088.94     9.25   1,762.18   10/1/2004           90      0-29      6ML          7.5
34993584         359      178,500.00  178,367.53      7.5   1,248.10   10/1/2004         84.2      0-29      6ML          5.5
34738815         359      320,000.00  320,000.00    8.875   2,366.67   10/1/2004        76.19      0-29      6ML          6.5
4000166771       359      384,000.00  384,000.00    5.875   1,880.00   10/1/2004           80      0-29      6ML         3.75
35195494         359      325,000.00  325,000.00    6.125   1,658.85   10/1/2004        79.27      0-29      6ML        4.125
35265446         359      183,200.00  183,200.00    6.125     935.08   10/1/2004           80      0-29      6ML        3.875
35363191         359      140,600.00  140,600.00      7.5     878.75   10/1/2004           95      0-29      6ML         5.75
35153048         359      136,236.00  136,236.00    6.875     780.52   10/1/2004           80      0-29      6ML        4.875

<CAPTION>
             INITIAL  PERIODIC                           PREPAYMENT
  LOANID       CAP      CAP       FLOOR    CEILING          TERM                                PREPAYMENT PENALTY
--------------------------------------------------------------------------------------------------------------------------
<S>             <C>      <C>      <C>       <C>              <C>                        <C>
4000153267      3        1            6         12           36                              6 mo.s interest less 20% obal
35078724        3        1        8.625     14.625            0                                                       None
4000163674      2        1            7         13           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000165727      3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
34800623        3        1        5.625     11.625           36                              6 mo.s interest less 20% obal
34696500        3        1         6.99      12.99           24                              6 mo.s interest less 20% obal
4000157288      1        1        5.125     11.125           36                              6 mo.s interest less 20% obal
4000177106      3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
4000177496      0        0            0          0           36                              6 mo.s interest less 20% obal
34236836        3        1         7.75      13.75           24                              6 mo.s interest less 20% obal
4000171634      3        1          7.5       13.5            0                                                       None
34760934        3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
34720342        3        1        4.875     10.875           36                              6 mo.s interest less 20% obal
35079714        3        1            7         13            0                                                       None
4000168767      3        1          5.5       11.5           24                              6 mo.s interest less 20% obal
34424929        3        1         7.25      13.25            0                                                       None
34762492        0        0            0          0           36                                                 1% prepaid
34708396        0        0            0          0           24                              6 mo.s interest less 20% obal
34559948        3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
34861153        3        1        7.375     13.375           24                                                 2% prepaid
35085612        3        1         6.99      12.99           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000178740      3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
35246495        3        1        7.625     13.625           24                              6 mo.s interest less 20% obal
4000173145      3        1         7.75      13.75           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34973214        3        1        6.625     12.625           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34993402        3        1        6.875     12.875           36                         min (2% prepaid, 60 days interest)
4000159604      3        1        5.999     11.999           36                              6 mo.s interest less 20% obal
33560228        3        1         6.75      12.75            0                                                       None
34279331        3        1        8.125     14.125           24                                  6 mo.s interest less obal
34868125        0        0            0          0           12                              6 mo.s interest less 20% obal
4000175660      3        1        5.625     11.625           24                              6 mo.s interest less 20% obal
35113117        0        0            0          0            0                                                       None
4000170664      3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
33016759        3        1        7.625     13.625           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34647131        3        1        9.125     15.125           24                              6 mo.s interest less 20% obal
35075423        3        1        6.375     12.375            0                                                       None
34971168        3        1        9.375     15.375           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000175913      3        1        8.625     14.625           24                              6 mo.s interest less 20% obal
35082874        3        1        6.375     12.375           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35073469        0        0            0          0            0                                                       None
35159524        3        1          8.5       14.5            0                                                       None
34896449        3        1         6.75      12.75           36                              6 mo.s interest less 20% obal
35382175        3        1            8         14           24                              6 mo.s interest less 20% obal
35208867        3        1        6.625     12.625           12                              6 mo.s interest less 20% obal
34380956        3        1          8.5       14.5           24                              6 mo.s interest less 20% obal
34580605        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
35302926        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
33016270        3        1        7.375     13.375           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000174741      3        1        7.875     13.875           24                              6 mo.s interest less 20% obal
4000175249      3        1          7.5       13.5           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000175941      3        1        7.875     13.875           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34759050        3        1         6.99      12.99           24                              6 mo.s interest less 20% obal
35284512        3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
34940288        3        1         6.75      12.75           36                              6 mo.s interest less 20% obal
34965996        3        1        7.875     13.875           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35076918        3        1        6.125     12.125            0                                                       None
35078567        3        1        7.125     13.125            0                                                       None
35155993        3        1        6.875     12.875            0                                                       None
35208347        3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
35284900        3        1          6.5       12.5            0                                                       None
4000172833      3        1        8.125     14.125           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000173677      3        1         6.75      12.75           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000175801      3        1         6.25      12.25            0                                                       None
33862814        3        1         6.99      12.99           24                              6 mo.s interest less 20% obal
34647107        0        0            0          0           36                              6 mo.s interest less 20% obal
34758482        3        1            7         13           24                              6 mo.s interest less 20% obal
4000168370      3        1        7.875     13.875           24                              6 mo.s interest less 20% obal
34659870        0        0            0          0           36                                                 2% prepaid
34981696        0        0            0          0           36                                                 1% prepaid
35234160        0        0            0          0            0                                                       None
35286301        3        1        8.375     14.375           24                              6 mo.s interest less 20% obal
35343722        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
35366962        1        1        6.125     12.125           36                              6 mo.s interest less 20% obal
4000176437      0        0            0          0           36                                                 1% prepaid
4000179563      3        1        7.875     13.875           24                              6 mo.s interest less 20% obal
34379396        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
34895698        3        1         7.99      13.99           24                              6 mo.s interest less 20% obal
4000164804      3        1        8.125     14.125           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34652370        3        1          7.5       13.5           24                                                 2% prepaid
34899914        3        1        7.375     13.375           36                              6 mo.s interest less 20% obal
35153295        3        1            6         12            0                                                       None
4000171040      3        1         8.75      14.75           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000172106      3        1            8         14           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34376830        0        0            0          0           36                              6 mo.s interest less 20% obal
34680058        3        1        5.875     11.875           36                              6 mo.s interest less 20% obal
34749572        3        1         7.75      13.75           24                              6 mo.s interest less 20% obal
34909093        1        1          6.5       12.5            0                                                       None
34928432        3        1        6.375     12.375           36                              6 mo.s interest less 20% obal
34950030        3        1         6.99      12.99           36                              6 mo.s interest less 20% obal
35071513        3        1            7         13            0                                                       None
34021709        3        1        8.625     14.625            0                                                       None
34965194        3        1        6.875     12.875           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35076603        3        1          6.5       12.5            0                                                       None
35111269        3        1          8.5       14.5           24                              6 mo.s interest less 20% obal
33627878        3        1          7.5       13.5           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35367036        3        1            6         12            0                                                       None
4000168882      3        1            7         13           24                              6 mo.s interest less 20% obal
34832691        3        1         9.25      15.25           24                              6 mo.s interest less 20% obal
34993584        3        1          7.5       13.5           36                         min (2% prepaid, 60 days interest)
34738815        3        1        8.875     14.875           24                              6 mo.s interest less 20% obal
4000166771      3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
35195494        1        1        6.125     12.125           24                              6 mo.s interest less 20% obal
35265446        3        1        6.125     12.125           36                              6 mo.s interest less 20% obal
35363191        3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
35153048        3        1        6.875     12.875            0                                                       None

<CAPTION>
                                              PAYMENT
              FIRST RATE      RATE RESET       RESET                                  MI
  LOANID      RESET DATE       FREQUENCY     FREQUENCY  PURPOSE   DIV  IO    IOTERM  FLAG
-----------------------------------------------------------------------------------------
<S>           <C>                  <C>            <C>  <C>         <C>  <C>    <C>    <C>
4000153267      9/1/2009           6              6    Purchase    N    Y      60     N
35078724        9/1/2009           6              6    Purchase    N    Y      60     N
4000163674      9/1/2005           6              6    R/T Refi    N    N       0     N
4000165727      9/1/2006           6              6    Purchase    N    Y      60     N
34800623        9/1/2006           6              6    C/O Refi    N    Y      60     N
34696500        9/1/2006           6              6    Purchase    N    Y      60     Y
4000157288      3/1/2005           6              6    C/O Refi    N    Y      60     Y
4000177106      9/1/2006           6              6    Purchase    N    Y      60     Y
4000177496    00/00/0000           0              0    Purchase    N    N       0     N
34236836        8/1/2006           6              6    C/O Refi    N    N       0     N
4000171634      9/1/2006           6              6    Purchase    N    Y      60     N
34760934        9/1/2006           6              6    C/O Refi    N    Y      60     Y
34720342        9/1/2007           6              6    Purchase    N    Y      60     N
35079714        9/1/2007           6              6    Purchase    N    Y      60     Y
4000168767      9/1/2006           6              6    Purchase    N    Y      60     N
34424929        9/1/2006           6              6    Purchase    N    N       0     N
34762492      00/00/0000           0              0    C/O Refi    N    N       0     N
34708396      00/00/0000           0              0    Purchase    N    N       0     N
34559948        9/1/2006           6              6    Purchase    N    N       0     N
34861153        9/1/2006           6              6    Purchase    N    N       0     N
35085612        9/1/2006           6              6    R/T Refi    N    N       0     N
4000178740      9/1/2006           6              6    Purchase    N    Y      60     N
35246495        9/1/2006           6              6    Purchase    N    N       0     Y
4000173145      9/1/2006           6              6    C/O Refi    N    N       0     N
34973214        9/1/2006           6              6    Purchase    N    Y      60     N
34993402        9/1/2006           6              6    C/O Refi    N    Y      60     Y
4000159604      8/1/2007           6              6    C/O Refi    N    Y      60     N
33560228        9/1/2006           6              6    Purchase    N    Y      60     N
34279331        9/1/2006           6              6    C/O Refi    N    Y      60     N
34868125      00/00/0000           0              0    C/O Refi    N    N       0     N
4000175660      9/1/2009           6              6    Purchase    N    Y      60     N
35113117      00/00/0000           0              0    C/O Refi    N    N       0     N
4000170664      9/1/2006           6              6    C/O Refi    N    N       0     N
33016759        9/1/2006           6              6    C/O Refi    N    N       0     Y
34647131        9/1/2006           6              6    C/O Refi    N    N       0     Y
35075423        9/1/2009           6              6    Purchase    N    Y      60     N
34971168        9/1/2006           6              6    C/O Refi    N    N       0     Y
4000175913      9/1/2006           6              6    Purchase    N    N       0     N
35082874        9/1/2006           6              6    C/O Refi    N    Y      60     N
35073469      00/00/0000           0              0    Purchase    N    N       0     Y
35159524        9/1/2006           6              6    Purchase    N    N       0     N
34896449        9/1/2009           6              6    Purchase    N    Y      60     N
35382175        9/1/2006           6              6    C/O Refi    N    Y      60     N
35208867        9/1/2006           6              6    Purchase    N    Y      60     N
34380956        9/1/2006           6              6    Purchase    N    N       0     Y
34580605        9/1/2006           6              6    C/O Refi    N    N       0     N
35302926        9/1/2006           6              6    Purchase    N    Y      60     N
33016270        9/1/2006           6              6    C/O Refi    N    N       0     N
4000174741      9/1/2006           6              6    C/O Refi    N    N       0     N
4000175249      9/1/2006           6              6    Purchase    N    N       0     Y
4000175941      9/1/2006           6              6    C/O Refi    N    N       0     Y
34759050        8/1/2006           6              6    Purchase    N    Y      60     N
35284512        9/1/2006           6              6    Purchase    N    N       0     Y
34940288        9/1/2007           6              6    R/T Refi    N    Y      60     Y
34965996        9/1/2006           6              6    Purchase    N    N       0     N
35076918        9/1/2007           6              6    Purchase    N    Y      60     N
35078567        9/1/2006           6              6    Purchase    N    Y      60     N
35155993        9/1/2007           6              6    Purchase    N    N       0     N
35208347        9/1/2006           6              6    Purchase    N    Y      60     N
35284900        9/1/2007           6              6    C/O Refi    N    N       0     N
4000172833      9/1/2006           6              6    C/O Refi    N    N       0     Y
4000173677      9/1/2006           6              6    R/T Refi    N    N       0     N
4000175801      9/1/2007           6              6    C/O Refi    N    Y      60     N
33862814        6/1/2006           6              6    C/O Refi    N    N       0     Y
34647107      00/00/0000           0              0    C/O Refi    N    N       0     Y
34758482        9/1/2006           6              6    C/O Refi    N    Y      60     N
4000168370      9/1/2009           6              6    C/O Refi    N    Y      60     N
34659870      00/00/0000           0              0    R/T Refi    N    N       0     N
34981696      00/00/0000           0              0    C/O Refi    N    N       0     N
35234160      00/00/0000           0              0    Purchase    N    N       0     N
35286301        9/1/2006           6              6    C/O Refi    N    N       0     N
35343722        9/1/2006           6              6    C/O Refi    N    N       0     Y
35366962        3/1/2005           6              6    Purchase    N    Y      60     Y
4000176437    00/00/0000           0              0    R/T Refi    N    N       0     Y
4000179563      9/1/2006           6              6    C/O Refi    N    N       0     N
34379396        9/1/2006           6              6    Purchase    N    N       0     N
34895698        8/1/2006           6              6    Purchase    N    N       0     Y
4000164804      9/1/2006           6              6    C/O Refi    N    N       0     N
34652370        9/1/2006           6              6    C/O Refi    N    N       0     Y
34899914        8/1/2006           6              6    Purchase    N    Y      60     N
35153295        9/1/2007           6              6    Purchase    N    Y      60     N
4000171040      9/1/2006           6              6    Purchase    N    N       0     N
4000172106      9/1/2006           6              6    C/O Refi    N    N       0     N
34376830      00/00/0000           0              0    C/O Refi    N    N       0     Y
34680058        8/1/2009           6              6    Purchase    N    Y      60     N
34749572        9/1/2006           6              6    Purchase    N    N       0     Y
34909093        3/1/2005           6              6    R/T Refi    N    Y      60     N
34928432        8/1/2007           6              6    Purchase    N    Y      60     N
34950030        9/1/2007           6              6    C/O Refi    N    N       0     N
35071513        9/1/2007           6              6    Purchase    N    N       0     N
34021709        9/1/2006           6              6    C/O Refi    N    N       0     N
34965194        9/1/2006           6              6    Purchase    N    Y      60     N
35076603        9/1/2007           6              6    C/O Refi    N    Y      60     Y
35111269        9/1/2006           6              6    Purchase    N    N       0     Y
33627878        9/1/2006           6              6    Purchase    N    Y      60     Y
35367036        9/1/2006           6              6    Purchase    N    Y      60     N
4000168882      9/1/2006           6              6    Purchase    N    Y      60     N
34832691        9/1/2006           6              6    C/O Refi    N    N       0     Y
34993584        9/1/2006           6              6    C/O Refi    N    N       0     N
34738815        9/1/2006           6              6    R/T Refi    N    Y      60     N
4000166771      9/1/2006           6              6    Purchase    N    Y      60     N
35195494        3/1/2005           6              6    C/O Refi    N    Y      60     N
35265446        9/1/2009           6              6    Purchase    N    Y      60     N
35363191        9/1/2006           6              6    Purchase    N    Y      60     Y
35153048        9/1/2006           6              6    Purchase    N    Y      60     N
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
                                                          PROPERTY                    ORIGINAL ORIGINATION  FIRST PAY   MATURITY
  LOANID              CITY                 ZIP    STATE     TYPE       OCCUPANCY        TERM      DATE        DATE        DATE
--------------------------------------------------------------------------------------------------------------------------------
<S>           <C>                         <C>       <C>   <C>        <C>                <C>     <C>         <C>         <C>
35189729      STOCKTON                    95219     CA       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
34055780      LITTLE ROCK                 72204     AR       SFR        Investor        360      8/4/2004   10/1/2004   9/1/2034
33888298      BALTIMORE                   21244     MD       SFR     Owner Occupied     360     6/25/2004    8/1/2004   7/1/2034
35132729      COUNTRY CLUB HILLS          60478     IL       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
34194662      CHATTANOOGA                 37421     TN       SFR        Investor        360     8/19/2004   10/1/2004   9/1/2034
34963413      PITTSBURGH                  15214     PA       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
4000167124    SAINT ALBANS                 4971     ME       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34963041      IRWIN                       15642     PA       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
4000162425    KENNEWICK                   99338     WA       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
4000171236    OLYMPIA                     98506     WA       PUD     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
34521799      NEWPORT                     41071     KY       SFR     Owner Occupied     360      8/2/2004    9/1/2004   8/1/2034
34679431      STOCKTON                    95215     CA       SFR     Owner Occupied     360     6/19/2004    8/1/2004   7/1/2034
4000167828    BAY SHORE                   11706     NY       SFR        Investor        360      8/9/2004   10/1/2004   9/1/2034
35156546      MURFREESBORO                37128     TN       PUD     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
34758631      GAITHERSBURG                20879     MD       PUD     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
35071091      MINT HILL                   28277     NC       PUD     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
35128347      HOFFMAN ESTATES             60195     IL      Condo    Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35025675      LAS VEGAS                   89131     NV       PUD     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
4000163350    SACRAMENTO                  95841     CA       SFR     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
35223403      BESSEMER                    35020     AL       SFR     Owner Occupied     360      8/4/2004    9/1/2004   8/1/2034
34935452      INDEPENDENCE                97351     OR       SFR     Owner Occupied     360     7/27/2004    9/1/2004   8/1/2034
35075746      HUNTERSVILLE                28078     NC       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
35183656      RANCHO CUCAMONGA            91739     CA       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
4000166483    BAKERSFIELD                 93309     CA       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
35109651      GEORGETOWN                  78628     TX       PUD     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35186832      LONG BEACH                  90805     CA       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
33629643      DETROIT                     48228     MI       SFR     Owner Occupied     360      6/1/2004    8/1/2004   7/1/2034
35128917      WILMINGTON                  60481     IL       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
35036649      CULVER CITY                 90230     CA      Condo    Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
34854711      OTTAWA                      61350     IL       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
35004944      LOVELAND                    80537     CO       SFR     Owner Occupied     360     7/22/2004    9/1/2004   8/1/2034
4000166139    ANTELOPE                    95843     CA       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
34973966      DAYTON                      45410     OH       SFR     Owner Occupied     360     7/16/2004    9/1/2004   8/1/2034
34752840      FORT WASHINGTON             20744     MD       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
35037704      PALMDALE                    93551     CA       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34353656      CHULA VISTA                 91913     CA      Condo    Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
34240093      CHANDLER                    85225     AZ       PUD     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34935205      MOLALLA                     97038     OR       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
34900258      SARASOTA                    34231     FL       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
4000157965    TOLEDO                      43613     OH       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
35023472      COLTON                      92324     CA       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
35151448      NEWBERN                     38059     TN       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
35009638      AURORA                      80016     CO      Condo    Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35247345      HOUSTON                     77009     TX       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
4000174807    BALDWINVILLE                 1436     MA    Units 2-4  Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35185040      RANCHO MIRAGE               92270     CA       PUD     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35125616      LAGRO                       46941     IN       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
4000152885    CASTAIC AREA                91384     CA       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
35011279      FORT COLLINS                80525     CO      Condo    Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34382770      DETROIT                     48217     MI       SFR     Owner Occupied     360     5/27/2004    7/1/2004   6/1/2034
33631334      ALTO                        49302     MI      Condo    Owner Occupied     360     6/16/2004    8/1/2004   7/1/2034
4000163733    LISBON                      44432     OH       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
34647958      SALLISAW                    74955     OK       SFR     Owner Occupied     180     8/25/2004   10/1/2004   9/1/2019
4000171977    LAKEWOOD                    98498     WA       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35246651      HUMBLE                      77339     TX       PUD     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
34379974      SUSSEX                       7461     NJ       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
34977744      FRANKFORT                   46041     IN       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
34757419      WOODSTOCK                   21163     MD       PUD     Owner Occupied     360      8/6/2004    9/1/2004   8/1/2034
34866442      LOCUST VALLEY               11560     NY       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
35106517      ALLEN                       75002     TX       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35249978      HOUSTON                     77083     TX       PUD     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000159732    MARINA                      93933     CA       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
34529081      TULSA                       74132     OK       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34935874      MOLALLA                     97038     OR       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
34798173      CARLSBAD                    92008     CA      Condo    Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34525394      SPRINGDALE                  72764     AR       SFR     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
4000165363    HAYWARD                     94541     CA       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
35244789      MISSOURI CITY               77489     TX       PUD     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
4000171388    KENT                        98042     WA       PUD     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
34262188      FRIENDSWOOD                 77546     TX       PUD     Owner Occupied     360      7/8/2004    9/1/2004   8/1/2034
34920371      COLUMBUS                    31906     GA       SFR     Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
4000173673    MANSFIELD                   44906     OH       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
35075860      DURHAM                      27704     NC       PUD     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34890285      OVIEDO                      32765     FL       PUD     Owner Occupied     360      8/2/2004    9/1/2004   8/1/2034
34077321      LAS VEGAS                   89109     NV      Condo    Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
34074831      LAS VEGAS                   89110     NV       SFR     Owner Occupied     360     7/13/2004    9/1/2004   8/1/2034
34628131      PORT ST LUCIE               34953     FL       SFR     Owner Occupied     360      6/3/2004    8/1/2004   7/1/2034
4000166470    STOCKTON                    95206     CA       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
4000175054    SAN DIEGO                   92154     CA      Condo    Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35186113      COSTA MESA                  92626     CA       PUD     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
35076413      RALEIGH                     27616     NC       PUD     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35078054      RALEIGH                     27610     NC       PUD     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
35025287      DOWNEY                      90241     CA       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
4000170101    CLINTON TOWNSHIP            48035     MI       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
4000168299    QUINCY                       2169     MA    Units 2-4  Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34717264      HACIENDA HEIGHTS            91745     CA       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
34670604      CHULA VISTA                 91913     CA       PUD     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
4000160263    OCEAN PARK                  98640     WA       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
34373845      MASPETH                     11378     NY       SFR     Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
4000166385    MIAMI                       33178     FL      Condo    Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
34379982      EGG HARBOR CITY              8215     NJ       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34075556      SPARKS                      89436     NV       PUD     Owner Occupied     360     7/19/2004   10/1/2004   9/1/2034
34793141      ESCONDIDO                   92025     CA    Units 2-4  Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
4000168921    WESTON                      33326     FL      Condo    Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
4000169501    OCEANSIDE                   92056     CA       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
33727314      LAKE ELSINORE AREA          92530     CA       PUD     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
35127026      ADDISON                     60101     IL       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000175897    OAK PARK                    48237     MI       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
35226414      PEMBROKE PINES              33024     FL       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
34079392      NORTH LAS VEGAS             89032     NV       SFR     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
34707240      RANCHO CUCAMONGA            91730     CA       SFR     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
4000178336    HIALEAH                     33010     FL      Condo    Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34715870      LOS ANGELES                 90042     CA       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35133495      CHICAGO                     60639     IL    Units 2-4  Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35208610      HEMET                       92543     CA       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034

<CAPTION>
                                                                                      ORIGINAL
                                                                                      COMBAINED
              REMAINING     ORIGINAL   SCHEDULED                       PAID THRU       LOAN TO      OTS
  LOANID        TERM        BALANCE     BALANCE      RATE      P&I        DATE          VALUE   DELINQUENCY INDEX       MARGIN
------------------------------------------------------------------------------------------------------------------------------
<S>              <C>      <C>         <C>           <C>     <C>        <C>              <C>        <C>       <C>        <C>
35189729         359      292,500.00  292,500.00     7.75   1,889.06   10/1/2004           90      0-29      6ML        6.125
34055780         359       37,800.00   37,772.64    7.625     267.55   10/1/2004           70      0-29      FIX            0
33888298         357      114,750.00  114,528.97     8.25     862.08    9/1/2004           85      0-29      6ML            6
35132729         359      131,000.00  130,911.92     7.99     960.32   10/1/2004        81.88      0-29      FIX            0
34194662         359       43,500.00   43,470.06    7.875     315.41   10/1/2004           75      0-29      FIX            0
34963413         359       78,400.00   78,400.00    7.625     498.17   10/1/2004           80      0-29      6ML        4.375
4000167124       359      109,250.00  109,148.39    6.375     681.58   10/1/2004           95      0-29      6ML        5.125
34963041         359       76,800.00   76,740.08     7.25     523.92   10/1/2004        89.82      0-29      6ML        5.625
4000162425       359      274,400.00  274,229.44    8.375   2,085.64   10/1/2004           90      0-29      6ML        6.875
4000171236       359      157,100.00  157,100.00    6.125     801.86   10/1/2004        79.99      0-29      6ML        4.375
34521799         358       40,400.00   40,361.13    9.625      343.4    9/1/2004        99.94      0-29      6ML         5.75
34679431         357      186,000.00  185,440.22    6.375   1,160.40    9/1/2004           93      0-29      6ML        5.375
4000167828       359      314,100.00  313,878.31     7.75   2,250.25   10/1/2004        90.57      0-29      FIX            0
35156546         359      157,520.00  157,520.00     7.25     951.68   10/1/2004           80      0-29      6ML          5.5
34758631         359      184,000.00  184,000.00      5.5     843.33   10/1/2004           80      0-29      6ML          3.5
35071091         359      204,700.00  204,540.31     7.25   1,396.42   10/1/2004        79.99      0-29      6ML        5.625
35128347         359      101,400.00  101,328.42     7.75     726.45   10/1/2004        69.93      0-29      6ML          5.5
35025675         359      296,000.00  295,745.14     6.75   1,919.86   10/1/2004         92.5      0-29      6ML         5.25
4000163350       359      252,000.00  252,000.00    5.875   1,233.75   10/1/2004           80      0-29      6ML        3.875
35223403         358      119,650.00  119,467.34    7.375      826.4    9/1/2004        87.98      0-29      FIX            0
34935452         358      106,000.00  105,812.44    6.625     678.73    9/1/2004        92.17      0-29      6ML        5.125
35075746         359      305,900.00  305,714.68      8.5   2,352.11   10/1/2004           90      0-29      6ML            7
35183656         359      493,600.00  493,600.00    5.875   2,416.58   10/1/2004           80      0-29      6ML            4
4000166483       359       83,600.00   83,514.76    5.875     494.53   10/1/2004           80      0-29      6ML        3.875
35109651         359      143,200.00  143,050.49     5.75     835.68   10/1/2004           80      0-29      6ML         3.75
35186832         359      300,000.00  300,000.00      5.5   1,375.00   10/1/2004           80      0-29      6ML        3.625
33629643         357       82,500.00   82,310.32    7.375     569.81    9/1/2004           75      0-29      6ML        5.875
35128917         359      150,000.00  149,843.39     5.75     875.36   10/1/2004        69.77      0-29      6ML          3.5
35036649         359      303,200.00  303,200.00     5.99   1,513.47   10/1/2004           80      0-29      6ML        3.625
34854711         359       86,000.00   85,939.30     7.75     616.12   10/1/2004        78.18      0-29      6ML        5.625
35004944         358      180,000.00  180,000.00      6.5        975    9/1/2004           80      0-29      6ML        4.375
4000166139       359      296,400.00  296,174.47    7.375   2,047.16   10/1/2004           95      0-29      FIX            0
34973966         358       81,000.00   80,906.46     8.75     637.23    9/1/2004           90      0-29      FIX            0
34752840         359      218,500.00  218,325.26    7.125   1,472.08   10/1/2004        82.45      0-29      6ML        5.625
35037704         359      207,000.00  206,853.90     7.75   1,482.98   10/1/2004           90      0-29      6ML            6
34353656         359      293,000.00  293,000.00     5.75   1,403.96   10/1/2004        79.99      0-29      6ML        3.625
34240093         359      153,000.00  153,000.00     8.25   1,051.88   10/1/2004           90      0-29      6ML        5.875
34935205         359       99,000.00   98,931.87    7.875     717.82   10/1/2004           75      0-29      6ML        4.875
34900258         359      195,000.00  194,865.80    7.875   1,413.89   10/1/2004          100      0-29      6ML         6.25
4000157965       359       59,550.00   59,515.74     8.75     468.48   10/1/2004        84.95      0-29      6ML        7.375
35023472         359      200,000.00  199,836.06        7   1,330.61   10/1/2004        70.18      0-29      FIX            0
35151448         359       57,000.00   56,962.71    8.125     423.23   10/1/2004           95      0-29      FIX            0
35009638         359      152,314.00  152,309.70    5.875      745.7   10/1/2004           80      0-29      6ML        3.875
35247345         359      308,000.00  307,670.72    5.625   1,773.03   10/1/2004        66.17      0-29      6ML          3.5
4000174807       359      190,950.00  190,793.47        7   1,270.40   10/1/2004           95      0-29      6ML        5.875
35185040         359      588,000.00  588,000.00     5.99   2,935.10   10/1/2004           80      0-29      6ML         3.75
35125616         359      133,200.00  133,101.14      7.5     931.36   10/1/2004           90      0-29      6ML        5.875
4000152885       359      881,250.00  881,250.00     7.25   5,324.22   10/1/2004           75      0-29      6ML        4.125
35011279         359      112,800.00  112,676.53      5.5     640.47   10/1/2004           80      0-29      6ML        3.625
34382770         356       72,250.00   72,088.35        9     581.34    9/1/2004           85      0-29      6ML        7.375
33631334         357      226,400.00  226,400.00        6   1,132.00    9/1/2004           80      0-29      6ML            4
4000163733       359       55,200.00   55,163.89    8.125     409.86   11/1/2004           80      0-29      FIX            0
34647958         179       60,000.00   59,762.50     7.25     547.72   10/1/2004        67.42      0-29      FIX            0
4000171977       359      157,450.00  157,341.65    7.875   1,141.62   10/1/2004           90      0-29      6ML        6.375
35246651         359      111,200.00  111,200.00    6.375     590.75   10/1/2004           80      0-29      6ML        4.375
34379974         359       91,000.00   91,000.00     7.25     549.79   10/1/2004           65      0-29      6ML        4.875
34977744         359      129,900.00  129,688.23      7.5     908.28   10/1/2004          100      0-29      6ML        6.125
34757419         358      596,750.00  595,861.47      7.5   4,172.57    9/1/2004           85      0-29      6ML         6.25
34866442         359      515,850.00  515,335.48     5.99   3,089.47   10/1/2004           95      0-29      6ML        4.875
35106517         359      150,000.00  149,906.77    8.375   1,140.11   10/1/2004        73.89      0-29      FIX            0
35249978         359       70,000.00   69,950.59     7.75     501.49   10/1/2004        68.63      0-29      FIX            0
4000159732       359      513,000.00  513,000.00        7   2,992.50   10/1/2004           95      0-29      6ML        5.125
34529081         359      109,000.00  108,930.49     8.25     818.89   10/1/2004          100      0-29      FIX            0
34935874         359      167,500.00  167,378.76    7.625   1,185.56   10/1/2004        88.16      0-29      6ML         6.25
34798173         359      643,150.00  643,150.00    6.125   3,282.74   10/1/2004           85      0-29      6ML          4.5
34525394         358       87,000.00   86,876.79     7.75     623.28    9/1/2004        92.55      0-29      6ML        6.125
4000165363       359      428,000.00  428,000.00    5.375   1,917.08   10/1/2004           80      0-29      6ML        3.375
35244789         359      104,000.00  103,880.70     5.25      574.3   10/1/2004           80      0-29      6ML        3.375
4000171388       359      280,000.00  280,000.00    5.875   1,370.83   10/1/2004           80      0-29      6ML            4
34262188         358       50,000.00   49,907.13    6.375     311.94    9/1/2004        50.76      0-29      6ML        4.375
34920371         358       85,000.00   85,000.00    7.875     557.81    9/1/2004           85      0-29      6ML         5.25
4000173673       359      103,000.00  103,000.00     7.75     665.21   10/1/2004        79.23      0-29      6ML         5.25
35075860         359      191,650.00  191,650.00        7   1,117.96   10/1/2004           80      0-29      6ML        4.625
34890285         358      136,800.00  136,800.00      7.5        855   10/1/2004           95      0-29      6ML         5.75
34077321         359       58,500.00   58,500.00    7.875     383.91   10/1/2004           90      0-29      6ML        5.875
34074831         358      110,000.00  109,818.45     6.99      731.1    9/1/2004        68.75      0-29      6ML          4.5
34628131         357      110,000.00  109,675.30     7.99     806.38    9/1/2004        84.62      0-29      6ML         6.75
4000166470       359      253,800.00  253,650.16    8.625   1,974.03   10/1/2004           90      0-29      6ML        6.875
4000175054       359      185,500.00  185,332.30      6.5   1,172.49   10/1/2004           70      0-29      6ML        4.375
35186113         359      308,000.00  308,000.00     5.75   1,475.83   10/1/2004           80      0-29      6ML        3.875
35076413         359      119,650.00  119,650.00    5.875     585.79   10/1/2004        79.99      0-29      6ML         4.25
35078054         359      103,450.00  103,450.00    6.375     549.58   10/1/2004        79.97      0-29      6ML         4.75
35025287         359      300,000.00  300,000.00    6.125   1,531.25   10/1/2004        77.92      0-29      6ML            4
4000170101       359      184,000.00  184,000.00    5.375     824.17   10/1/2004           80      0-29      6ML        3.875
4000168299       359      360,000.00  360,000.00     5.75   1,725.00   10/1/2004           80      0-29      6ML          3.5
34717264         359      210,000.00  210,000.00     5.25     918.75   10/1/2004        45.65      0-29      6ML        3.375
34670604         359      399,500.00  399,500.00    5.875   1,955.89   10/1/2004           80      0-29      6ML            4
4000160263       359       88,000.00   88,000.00      6.5     476.67   10/1/2004           80      0-29      6ML        4.375
34373845         358      340,000.00  339,518.49     7.75   2,435.81    9/1/2004           85      0-29      6ML         6.25
4000166385       358      168,000.00  167,779.46    8.125   1,247.40    9/1/2004           80      0-29      6ML            6
34379982         359      200,000.00  199,862.36    7.875   1,450.14   10/1/2004          100      0-29      6ML            6
34075556         359      189,050.00  189,050.00      8.5   1,339.10   10/1/2004        80.45      0-29      6ML         6.25
34793141         359      366,800.00  366,800.00    5.125   1,566.54   10/1/2004           80      0-29      6ML          3.5
4000168921       359      123,000.00  122,908.72      7.5     860.03   10/1/2004         77.6      0-29      6ML         4.75
4000169501       359      386,500.00  386,500.00      6.5   2,093.54   10/1/2004        81.37      0-29      6ML         5.25
33727314         359      311,100.00  311,100.00     6.25   1,620.31   10/1/2004        94.99      0-29      6ML        4.875
35127026         359      152,000.00  151,865.89    6.625     973.28   10/1/2004           80      0-29      6ML        4.375
4000175897       359      154,000.00  153,906.70      8.5   1,184.13   10/1/2004          100      0-29      6ML        6.625
35226414         359      155,000.00  154,866.55     6.75   1,005.33   10/1/2004        73.81      0-29      6ML        4.625
34079392         358      202,000.00  201,708.13     7.99   1,480.80   10/1/2004        77.69      0-29      6ML         6.25
34707240         359      215,000.00  214,770.14    5.625   1,237.67   10/1/2004         57.8      0-29      6ML        3.375
4000178336       359       88,700.00   88,700.00    5.999     443.43   10/1/2004        79.98      0-29      6ML         3.75
34715870         359      280,000.00  280,000.00      7.5   1,750.00   10/1/2004        58.33      0-29      FIX            0
35133495         359      289,750.00  289,750.00     7.99   1,929.25   10/1/2004        98.22      0-29      6ML         5.75
35208610         359      179,900.00  179,900.00    6.875   1,030.68   10/1/2004          100      0-29      6ML          5.5

<CAPTION>
             INITIAL  PERIODIC                           PREPAYMENT
  LOANID       CAP      CAP       FLOOR    CEILING          TERM                                PREPAYMENT PENALTY
--------------------------------------------------------------------------------------------------------------------------
<S>             <C>      <C>      <C>       <C>              <C>                        <C>
35189729        3        1         7.75      13.75           36                              6 mo.s interest less 20% obal
34055780        0        0            0          0           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
33888298        3        1         8.25      14.25           24                              6 mo.s interest less 20% obal
35132729        0        0            0          0            0                                                       None
34194662        0        0            0          0           36                              6 mo.s interest less 20% obal
34963413        3        1        7.625     13.625           12                              6 mo.s interest less 20% obal
4000167124      3        1        6.375     12.375            0                                                       None
34963041        3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
4000162425      3        1        8.375     14.375           24                              6 mo.s interest less 20% obal
4000171236      3        1        6.125     12.125           36                              6 mo.s interest less 20% obal
34521799        3        1        9.625     15.625            0                                                       None
34679431        3        1        6.375     12.375           36                              6 mo.s interest less 20% obal
4000167828      0        0            0          0            0                                                       None
35156546        3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
34758631        3        1          5.5       11.5           24                              6 mo.s interest less 20% obal
35071091        3        1         7.25      13.25            0                                                       None
35128347        3        1         7.75      13.75           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35025675        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
4000163350      3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
35223403        0        0            0          0            0                                                       None
34935452        3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
35075746        3        1          8.5       14.5            0                                                       None
35183656        3        1        5.875     11.875           36                              6 mo.s interest less 20% obal
4000166483      3        1        5.875     11.875           36                              6 mo.s interest less 20% obal
35109651        3        1         5.75      11.75           36                              6 mo.s interest less 20% obal
35186832        3        1          5.5       11.5           24                              6 mo.s interest less 20% obal
33629643        3        1        7.375     13.375           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35128917        3        1         5.75      11.75           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35036649        3        1         5.99      11.99           36                              6 mo.s interest less 20% obal
34854711        3        1         7.75      13.75           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35004944        3        1          6.5       12.5           36                              6 mo.s interest less 20% obal
4000166139      0        0            0          0           36                              6 mo.s interest less 20% obal
34973966        0        0            0          0           36                                                 1% prepaid
34752840        3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
35037704        3        1         7.75      13.75           24                              6 mo.s interest less 20% obal
34353656        3        1         5.75      11.75           24                              6 mo.s interest less 20% obal
34240093        3        1         8.25      14.25           12                              6 mo.s interest less 20% obal
34935205        3        1        7.875     13.875           36                              6 mo.s interest less 20% obal
34900258        3        1        7.875     13.875           24                              6 mo.s interest less 20% obal
4000157965      3        1         8.75      14.75           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35023472        0        0            0          0           36                              6 mo.s interest less 20% obal
35151448        0        0            0          0           36                              6 mo.s interest less 20% obal
35009638        3        1        5.875     11.875           36                              6 mo.s interest less 20% obal
35247345        3        1        5.625     11.625            0                                                       None
4000174807      3        1            7         13           36                              6 mo.s interest less 20% obal
35185040        3        1         5.99      11.99           36                              6 mo.s interest less 20% obal
35125616        3        1          7.5       13.5           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000152885      3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
35011279        3        1          5.5       11.5           24                              6 mo.s interest less 20% obal
34382770        3        1            9         15           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
33631334        3        1            6         12           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000163733      0        0            0          0           36                                                 1% prepaid
34647958        0        0            0          0           36                              6 mo.s interest less 20% obal
4000171977      3        1        7.875     13.875           24                              6 mo.s interest less 20% obal
35246651        3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
34379974        3        1         7.25      13.25            0                                                       None
34977744        3        1          7.5       13.5           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34757419        3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
34866442        3        1         5.99      11.99            0                                                       None
35106517        0        0            0          0            0                                                       None
35249978        0        0            0          0           36                              6 mo.s interest less 20% obal
4000159732      3        1            7         13           24                              6 mo.s interest less 20% obal
34529081        0        0            0          0           36                              6 mo.s interest less 20% obal
34935874        3        1        7.625     13.625           24                              6 mo.s interest less 20% obal
34798173        3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
34525394        3        1         7.75      13.75           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000165363      3        1        5.375     11.375           24                              6 mo.s interest less 20% obal
35244789        3        1         5.25      11.25            0                                                       None
4000171388      3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
34262188        3        1        6.375     12.375            0                                                       None
34920371        3        1        7.875     13.875            0                                                       None
4000173673      3        1         7.75      13.75           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35075860        3        1            7         13            0                                                       None
34890285        3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
34077321        3        1        7.875     13.875           24                              6 mo.s interest less 20% obal
34074831        3        1         6.99      12.99           24                              6 mo.s interest less 20% obal
34628131        3        1         7.99      13.99           24                              6 mo.s interest less 20% obal
4000166470      3        1        8.625     14.625           24                              6 mo.s interest less 20% obal
4000175054      3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
35186113        3        1         5.75      11.75           24                              6 mo.s interest less 20% obal
35076413        3        1        5.875     11.875            0                                                       None
35078054        3        1        6.375     12.375            0                                                       None
35025287        1        1        6.125     12.125           24                              6 mo.s interest less 20% obal
4000170101      3        1        5.375     11.375           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000168299      3        1         5.75      11.75           36                              6 mo.s interest less 20% obal
34717264        1        1         5.25      11.25           36                              6 mo.s interest less 20% obal
34670604        3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
4000160263      3        1          6.5       12.5           36                              6 mo.s interest less 20% obal
34373845        3        1         7.75      13.75            0                                                       None
4000166385      3        1        8.125     14.125           36                              6 mo.s interest less 20% obal
34379982        3        1        7.875     13.875            0                                                       None
34075556        3        1          8.5       14.5           24                              6 mo.s interest less 20% obal
34793141        3        1        5.125     11.125           36                              6 mo.s interest less 20% obal
4000168921      3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
4000169501      3        1          6.5       12.5           36                              6 mo.s interest less 20% obal
33727314        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
35127026        3        1        6.625     12.625           12                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000175897      2        1          8.5       14.5           12                              3%/2%/1%-1st yr/2nd yr/3rd yr
35226414        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
34079392        3        1         7.99      13.99           24                              6 mo.s interest less 20% obal
34707240        3        1        5.625     11.625           24                              6 mo.s interest less 20% obal
4000178336      3        1        5.999     11.999           24                              6 mo.s interest less 20% obal
34715870        0        0            0          0           36                              6 mo.s interest less 20% obal
35133495        3        1         7.99      13.99           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35208610        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal

<CAPTION>
                                              PAYMENT
              FIRST RATE      RATE RESET       RESET                                  MI
  LOANID      RESET DATE       FREQUENCY     FREQUENCY  PURPOSE   DIV  IO    IOTERM  FLAG
-----------------------------------------------------------------------------------------
<S>           <C>                  <C>            <C>  <C>         <C>  <C>    <C>    <C>
35189729        9/1/2006           6              6    C/O Refi    N    Y      60     N
34055780      00/00/0000           0              0    C/O Refi    N    N       0     N
33888298        7/1/2006           6              6    C/O Refi    N    N       0     Y
35132729      00/00/0000           0              0    C/O Refi    N    N       0     Y
34194662      00/00/0000           0              0    C/O Refi    N    N       0     N
34963413        9/1/2009           6              6    C/O Refi    N    Y      60     N
4000167124      9/1/2006           6              6    Purchase    N    N       0     Y
34963041        9/1/2006           6              6    C/O Refi    N    N       0     N
4000162425      9/1/2006           6              6    Purchase    N    N       0     Y
4000171236      9/1/2007           6              6    Purchase    N    Y      60     N
34521799        8/1/2006           6              6    Purchase    N    N       0     N
34679431        7/1/2007           6              6    C/O Refi    N    N       0     Y
4000167828    00/00/0000           0              0    Purchase    N    N       0     N
35156546        9/1/2006           6              6    Purchase    N    Y      60     N
34758631        9/1/2006           6              6    Purchase    N    Y      60     N
35071091        9/1/2006           6              6    Purchase    N    N       0     N
35128347        9/1/2006           6              6    C/O Refi    N    N       0     N
35025675        9/1/2006           6              6    C/O Refi    N    N       0     Y
4000163350      9/1/2006           6              6    Purchase    N    Y      60     N
35223403      00/00/0000           0              0    Purchase    N    N       0     Y
34935452        8/1/2006           6              6    R/T Refi    N    N       0     Y
35075746        9/1/2007           6              6    Purchase    N    N       0     Y
35183656        9/1/2007           6              6    Purchase    N    Y      60     N
4000166483      9/1/2007           6              6    Purchase    N    N       0     N
35109651        9/1/2009           6              6    Purchase    N    N       0     N
35186832        9/1/2006           6              6    Purchase    N    Y      60     N
33629643        7/1/2006           6              6    C/O Refi    N    N       0     N
35128917        9/1/2006           6              6    C/O Refi    N    N       0     N
35036649        9/1/2009           6              6    Purchase    N    Y      60     N
34854711        9/1/2006           6              6    C/O Refi    N    N       0     N
35004944        8/1/2007           6              6    C/O Refi    N    Y      60     N
4000166139    00/00/0000           0              0    C/O Refi    N    N       0     Y
34973966      00/00/0000           0              0    C/O Refi    N    N       0     Y
34752840        9/1/2006           6              6    C/O Refi    N    N       0     N
35037704        9/1/2006           6              6    C/O Refi    N    N       0     N
34353656        9/1/2006           6              6    Purchase    N    Y      60     N
34240093        9/1/2006           6              6    C/O Refi    N    Y      60     N
34935205        9/1/2007           6              6    Purchase    N    N       0     N
34900258        9/1/2006           6              6    Purchase    N    N       0     N
4000157965      9/1/2006           6              6    Purchase    N    N       0     Y
35023472      00/00/0000           0              0    C/O Refi    N    N       0     N
35151448      00/00/0000           0              0    Purchase    N    N       0     Y
35009638        9/1/2007           6              6    Purchase    N    Y      60     N
35247345        9/1/2007           6              6    C/O Refi    N    N       0     N
4000174807      9/1/2007           6              6    Purchase    N    N       0     Y
35185040        9/1/2009           6              6    Purchase    N    Y      60     N
35125616        9/1/2006           6              6    R/T Refi    N    N       0     N
4000152885      9/1/2009           6              6    Purchase    N    Y      60     N
35011279        9/1/2006           6              6    Purchase    N    N       0     N
34382770        6/1/2006           6              6    C/O Refi    N    N       0     Y
33631334        7/1/2009           6              6    C/O Refi    N    Y      60     N
4000163733    00/00/0000           0              0    C/O Refi    N    N       0     N
34647958      00/00/0000           0              0    C/O Refi    N    N       0     N
4000171977      9/1/2006           6              6    Purchase    N    N       0     Y
35246651        9/1/2009           6              6    Purchase    N    Y      60     N
34379974        9/1/2006           6              6    Purchase    N    Y      60     N
34977744        9/1/2006           6              6    Purchase    N    N       0     Y
34757419        8/1/2006           6              6    Purchase    N    N       0     Y
34866442        9/1/2007           6              6    Purchase    N    N       0     Y
35106517      00/00/0000           0              0    C/O Refi    N    N       0     N
35249978      00/00/0000           0              0    C/O Refi    N    N       0     N
4000159732      9/1/2006           6              6    Purchase    N    Y      60     N
34529081      00/00/0000           0              0    Purchase    N    N       0     N
34935874        9/1/2006           6              6    C/O Refi    N    N       0     Y
34798173        9/1/2006           6              6    Purchase    N    Y      60     Y
34525394        8/1/2006           6              6    C/O Refi    N    N       0     N
4000165363      9/1/2006           6              6    Purchase    N    Y      60     N
35244789        9/1/2006           6              6    C/O Refi    N    N       0     N
4000171388      9/1/2006           6              6    Purchase    N    Y      60     N
34262188        8/1/2007           6              6    C/O Refi    N    N       0     N
34920371        8/1/2006           6              6    R/T Refi    N    Y      60     N
4000173673      9/1/2006           6              6    R/T Refi    N    Y      60     N
35075860        9/1/2009           6              6    Purchase    N    Y      60     N
34890285        8/1/2006           6              6    Purchase    N    Y      60     Y
34077321        9/1/2006           6              6    C/O Refi    N    Y      60     N
34074831        8/1/2006           6              6    R/T Refi    N    N       0     N
34628131        7/1/2006           6              6    C/O Refi    N    N       0     Y
4000166470      9/1/2006           6              6    C/O Refi    N    N       0     Y
4000175054      9/1/2006           6              6    C/O Refi    N    N       0     N
35186113        9/1/2006           6              6    Purchase    N    Y      60     N
35076413        9/1/2006           6              6    Purchase    N    Y      60     N
35078054        9/1/2007           6              6    Purchase    N    Y      60     N
35025287        3/1/2005           6              6    C/O Refi    N    Y      60     N
4000170101      9/1/2006           6              6    Purchase    N    Y      60     N
4000168299      9/1/2009           6              6    Purchase    N    Y      60     N
34717264        3/1/2005           6              6    C/O Refi    N    Y      60     N
34670604        9/1/2006           6              6    Purchase    N    Y      60     N
4000160263      9/1/2007           6              6    Purchase    N    Y      60     N
34373845        8/1/2007           6              6    C/O Refi    N    N       0     Y
4000166385      8/1/2007           6              6    C/O Refi    N    N       0     N
34379982        9/1/2007           6              6    C/O Refi    N    N       0     N
34075556        9/1/2006           6              6    R/T Refi    N    Y      60     N
34793141        9/1/2006           6              6    Purchase    N    Y      60     N
4000168921      9/1/2006           6              6    Purchase    N    N       0     N
4000169501      9/1/2006           6              6    C/O Refi    N    Y      60     N
33727314        9/1/2006           6              6    Purchase    N    Y      60     N
35127026        9/1/2006           6              6    C/O Refi    N    N       0     N
4000175897      9/1/2005           6              6    Purchase    N    N       0     N
35226414        9/1/2006           6              6    C/O Refi    N    N       0     N
34079392        8/1/2006           6              6    C/O Refi    N    N       0     N
34707240        9/1/2006           6              6    C/O Refi    N    N       0     N
4000178336      9/1/2009           6              6    Purchase    N    Y      60     N
34715870      00/00/0000           0              0    C/O Refi    N    Y      60     N
35133495        9/1/2006           6              6    C/O Refi    N    Y      60     N
35208610        9/1/2006           6              6    Purchase    N    Y      60     N
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
                                                          PROPERTY                    ORIGINAL ORIGINATION  FIRST PAY   MATURITY
  LOANID              CITY                 ZIP    STATE     TYPE       OCCUPANCY        TERM      DATE        DATE        DATE
--------------------------------------------------------------------------------------------------------------------------------
<S>           <C>                         <C>       <C>   <C>        <C>                <C>     <C>         <C>         <C>
33019092      CONNERSVILLE                47331     IN       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000175921    DETROIT                     48221     MI       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
34727842      OGDEN                       84401     UT       SFR     Owner Occupied     360     7/22/2004    9/1/2004   8/1/2034
35230416      NEW SMYRNA BEACH            32169     FL       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34995092      APPLE VALLEY                55124     MN       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
34527317      GRAIN VALLEY                64029     MO       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34527846      GRAIN VALLEY                64029     MO       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
4000176751    MISSOURI CITY               77459     TX       PUD     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000169139    FORT LAUDERDALE             33324     FL      Condo    Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
4000173071    HOLLYWOOD                   33024     FL       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34712232      HAWTHORNE                   90250     CA       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
34798645      SAN DIEGO                   92126     CA       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
35027861      LOS ANGELES                 90063     CA    Units 2-4     Investor        360      8/4/2004   10/1/2004   9/1/2034
4000126422    AUSTIN                      78729     TX       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
4000170649    ROMULUS                     48174     MI      Condo    Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000160297    VANCOUVER                   98664     WA       SFR     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
4000161668    DAVISON                     48423     MI       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
35267384      RIVERSIDE                   92505     CA       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
4000175849    WEST PALM BEACH             33411     FL       PUD     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34868448      UTICA                       13501     NY       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
4000178153    NEW BEDFORD                  2744     MA       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
34238972      PEORIA                      85345     AZ       PUD     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
4000168952    FRESNO                      93722     CA       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
35362417      SARATOGA SPRINGS            84043     UT       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34719781      VICTORVILLE                 92392     CA       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
35078070      RALEIGH                     27604     NC       PUD     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35028703      BURBANK                     91501     CA       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
34720540      ONTARIO                     91762     CA       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
4000165756    SANTA MARIA                 93458     CA       SFR     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
34856179      CHICAGO                     60632     IL    Units 2-4  Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
4000158843    VENTURA                     93003     CA      Condo    Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
35184068      BAKERSFIELD                 93306     CA       PUD     Owner Occupied     360     7/26/2004    9/1/2004   8/1/2034
35267152      SAN BERNARDINO              92404     CA       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
35212943      CHULA VISTA                 91913     CA       PUD     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35104983      AUSTIN                      78727     TX       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
4000165073    LIVONIA                     48150     MI       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
4000158895    TROY                        48083     MI       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
4000143652    SHERMAN OAKS                91403     CA       SFR     Owner Occupied     360     5/20/2004    7/1/2004   6/1/2034
4000169184    BEVERLY HILLS               48025     MI       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
34740266      SARATOGA SPRINGS            84043     UT       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
34935932      LA PINE                     97739     OR       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
35235589      HUNTSVILLE                  35805     AL       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35158518      HUNTINGDON                  38344     TN       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35247253      SAN ANTONIO                 78254     TX       PUD     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
4000173820    PALMDALE                    93550     CA       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34504290      CINCINNATI                  45215     OH       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
35190339      RANCHO CUCAMONGA            91730     CA       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
34897181      ALTAMONTE SPRINGS           32701     FL       PUD        Investor        360     8/18/2004   10/1/2004   9/1/2034
34645697      FALL RIVER                  53932     WI       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
35150317      ATLANTA                     30310     GA       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
4000158699    SAN JOSE                    95125     CA      Condo    Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
34858977      LANSING                     60438     IL       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
4000165215    MASTIC                      11950     NY       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
4000173341    SEATTLE                     98198     WA       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
35105105      CORINTH                     76210     TX       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
4000171407    ROCHESTER                   98579     WA       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
4000177428    SACRAMENTO                  95827     CA       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34003921      HOUSTON                     77017     TX       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
34020842      LAREDO                      78045     TX       SFR     Owner Occupied     180     8/10/2004   10/1/2004   9/1/2019
4000172994    OAKDALE                     95361     CA       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
4000173475    CITRUS HEIGHTS              95610     CA       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
34975896      CINCINNATI                  45231     OH      Condo    Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
4000172425    HAYWARD                     94544     CA       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
4000160871    SAN JOSE                    95126     CA       SFR     Owner Occupied     360     7/27/2004   10/1/2004   9/1/2034
34893081      UMATILLA                    32784     FL       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
35146968      MURFREESBORO                37129     TN       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
4000168069    MIAMI                       33109     FL      Condo       Investor        360      8/6/2004   10/1/2004   9/1/2034
34676544      DOWNEY                      90242     CA      Condo    Owner Occupied     360     6/19/2004    8/1/2004   7/1/2034
35109131      SAN BENITO                  78586     TX       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
34559864      MCALLEN                     78504     TX       SFR     Owner Occupied     360     7/15/2004    9/1/2004   8/1/2034
4000170961    SIMI VALLEY                 93065     CA       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34795922      CHULA VISTA                 91915     CA       PUD     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
35266501      MURRIETA                    92563     CA      Condo    Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35126457      CHICAGO                     60656     IL       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35112317      ROWLETT                     75088     TX       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35072024      MOORESVILLE                 28115     NC       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
35017037      GRAND JUNCTION              81505     CO       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
4000167789    NORTH PROVIDENCE             2911     RI       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
34051516      ROCKWALL                    75032     TX       PUD     Owner Occupied     360     5/14/2004    7/1/2004   6/1/2034
4000148814    LIVERMORE                   94551     CA       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
35085364      COLUMBUS                    43206     OH       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
4000171027    SHREWSBURY                   1545     MA      Condo    Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
4000141328    CAMINO                      95709     CA       SFR     Owner Occupied     360     5/24/2004    7/1/2004   6/1/2034
34995928      MAPLE GROVE                 55369     MN       PUD     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
35017094      LAKEWOOD                    80215     CO       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35150739      HARRISON                    37341     TN       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
35222348      PALM BAY                    32907     FL       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34989707      MANKATO                     56001     MN       SFR     Owner Occupied     360      8/4/2004    9/1/2004   8/1/2034
4000136715    KINGSLAND                   31548     GA    Units 2-4     Investor        360      8/6/2004   10/1/2004   9/1/2034
4000162496    PUYALLUP                    98372     WA       SFR     Owner Occupied     360     7/26/2004    9/1/2004   8/1/2034
4000162673    ROSEVILLE                   95661     CA       SFR     Owner Occupied     360     7/19/2004    9/1/2004   8/1/2034
34999433      SHAKOPEE                    55379     MN       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34853572      DES PLAINES                 60016     IL       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
34958660      LOS ANGELES                 90041     CA       SFR     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
35091354      LONDON                      40744     KY       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
35017474      COLORADO SPRINGS            80918     CO       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34951855      BUENA PARK                  90620     CA       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
4000163684    ABINGTON                    21009     MD       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
35227982      COCOA BEACH                 32931     FL      Condo    Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
35193069      ARTESIA                     90701     CA       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
35229970      JACKSONVILLE                32224     FL       PUD     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
35110063      DALLAS                      75141     TX       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35126275      CALUMET PARK                60827     IL       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
4000172157    MILFORD                     48381     MI       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
34649566      SAINT LOUIS                 63113     MO       SFR     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034

<CAPTION>
                                                                                      ORIGINAL
                                                                                      COMBAINED
              REMAINING     ORIGINAL   SCHEDULED                       PAID THRU       LOAN TO      OTS
  LOANID        TERM        BALANCE     BALANCE      RATE      P&I        DATE          VALUE   DELINQUENCY INDEX       MARGIN
------------------------------------------------------------------------------------------------------------------------------
<S>              <C>      <C>         <C>           <C>     <C>        <C>              <C>        <C>       <C>        <C>
33019092         359       82,650.00   82,578.84     6.75     536.07   10/1/2004           95      0-29      FIX            0
4000175921       359      154,850.00  154,732.17    7.375   1,069.51   10/1/2004           95      0-29      6ML          6.5
34727842         358      112,000.00  112,000.00    8.125     758.33    9/1/2004         89.6      0-29      6ML        5.875
35230416         359      472,000.00  472,000.00     6.99   2,749.40   10/1/2004        60.51      0-29      6ML         4.75
34995092         359      213,750.00  213,750.00        7   1,246.88   10/1/2004           95      0-29      6ML        5.625
34527317         359      132,000.00  131,920.03      8.5   1,014.97   10/1/2004           95      0-29      FIX            0
34527846         359      128,250.00  128,154.81      7.5     896.75   10/1/2004           95      0-29      6ML        6.125
4000176751       359      132,000.00  131,865.42    5.875     780.83   10/1/2004           80      0-29      6ML         3.75
4000169139       359      132,000.00  132,000.00    6.875     756.25   10/1/2004           80      0-29      6ML        4.375
4000173071       359      148,500.00  148,500.00      7.5     928.12   10/1/2004           90      0-29      6ML         5.75
34712232         359      320,000.00  319,717.67    6.625   2,049.00   10/1/2004        94.96      0-29      6ML         4.75
34798645         359      420,000.00  420,000.00      5.5   1,925.00   10/1/2004           80      0-29      6ML          3.5
35027861         359      289,000.00  289,000.00    6.875   1,655.73   10/1/2004        88.92      0-29      6ML         4.75
4000126422       359      196,000.00  196,000.00    4.999      816.5   10/1/2004           80      0-29      6ML        3.375
4000170649       359      230,000.00  229,833.53    7.625   1,627.93   10/1/2004        91.27      0-29      6ML          6.5
4000160297       358      192,000.00  192,000.00    5.875        940    9/1/2004           80      0-29      6ML            4
4000161668       359      111,000.00  110,812.81    6.625     710.75   10/1/2004         88.1      0-29      6ML         5.25
35267384         359      162,500.00  162,500.00      6.5     880.21   10/1/2004        56.03      0-29      6ML        4.125
4000175849       359      196,000.00  195,881.26      8.5   1,507.07   10/1/2004          100      0-29      6ML         6.75
34868448         359       74,200.00   74,162.53    9.375     617.16   10/1/2004          100      0-29      6ML         7.25
4000178153       359      164,000.00  163,889.96        8   1,203.37   10/1/2004           80      0-29      6ML        6.375
34238972         359       90,400.00   90,400.00     5.75     433.17   10/1/2004           80      0-29      6ML         4.25
4000168952       359      172,500.00  172,371.98      7.5   1,206.15   10/1/2004           75      0-29      FIX            0
35362417         359      139,200.00  139,200.00     6.75        783   10/1/2004           80      0-29      6ML         5.25
34719781         359      125,950.00  125,849.28    7.125     848.55   10/1/2004        69.97      0-29      FIX            0
35078070         359      160,600.00  160,600.00      6.5     869.92   10/1/2004           80      0-29      6ML        4.875
35028703         359      576,000.00  576,000.00    6.375   3,060.00   10/1/2004           80      0-29      6ML          4.5
34720540         359      248,000.00  248,000.00    5.375   1,110.83   10/1/2004           80      0-29      6ML        3.875
4000165756       359      265,300.00  265,300.00     6.25   1,381.77   10/1/2004        79.99      0-29      6ML        3.875
34856179         359      225,250.00  225,065.36        7   1,498.60   10/1/2004           85      0-29      6ML        5.375
4000158843       359      184,000.00  184,000.00     6.25     958.33   10/1/2004           80      0-29      6ML        3.625
35184068         358      146,250.00  145,863.78    6.625     936.46   10/1/2004           75      0-29      6ML         4.25
35267152         359      220,000.00  220,000.00     5.75   1,054.17   10/1/2004           80      0-29      6ML        3.375
35212943         359      615,000.00  615,000.00     5.99   3,069.88   10/1/2004          100      0-29      6ML            5
35104983         359       85,200.00   85,122.97      6.5     538.53   10/1/2004           80      0-29      FIX            0
4000165073       359       86,000.00   85,947.90      8.5     661.27   10/1/2004        53.75      0-29      6ML         5.25
4000158895       359       87,000.00   86,951.23    8.875     692.21   10/1/2004           60      0-29      6ML        5.875
4000143652       356      577,500.00  577,500.00    5.375   2,586.72   10/1/2004           75      0-29      6ML            4
4000169184       359      351,200.00  351,200.00    5.625   1,646.25   10/1/2004           80      0-29      6ML         4.25
34740266         359      157,500.00  157,500.00     8.25   1,082.81   10/1/2004           90      0-29      6ML          6.5
34935932         359      145,350.00  145,242.13      7.5   1,016.31   10/1/2004           95      0-29      6ML        5.375
35235589         359       70,000.00   69,956.48    8.375     532.06   10/1/2004          100      0-29      6ML         6.25
35158518         359      104,000.00  103,935.35    8.375     790.48   10/1/2004        94.55      0-29      FIX            0
35247253         359      119,500.00  119,415.65     7.75     856.12   10/1/2004          100      0-29      6ML        5.125
4000173820       359      204,250.00  204,250.00      6.5   1,106.35   10/1/2004           95      0-29      6ML        5.625
34504290         359       52,500.00   52,500.00    6.625     289.84   10/1/2004        76.09      0-29      6ML        3.875
35190339         359      421,600.00  421,600.00     5.75   2,020.17   10/1/2004           80      0-29      6ML        3.875
34897181         359       66,300.00   66,300.00    7.875     435.09   10/1/2004           85      0-29      6ML            5
34645697         359      293,600.00  293,600.00    6.125   1,498.58   10/1/2004        79.84      0-29      6ML            4
35150317         359      142,500.00  142,420.11    8.875   1,133.80   10/1/2004           95      0-29      FIX            0
4000158699       359      296,000.00  296,000.00    6.625   1,634.17   10/1/2004           80      0-29      6ML        4.625
34858977         359       99,650.00   99,577.87    7.625     705.32   10/1/2004           95      0-29      6ML         6.25
4000165215       359      249,930.00  249,786.21     8.75   1,966.20   10/1/2004          100      0-29      6ML        6.125
4000173341       359      183,600.00  183,600.00    7.999   1,223.85   10/1/2004           85      0-29      6ML        6.125
35105105         359      107,600.00  107,600.00    6.875     616.46   10/1/2004           80      0-29      6ML         4.75
4000171407       359      120,000.00  120,000.00    7.375      737.5   10/1/2004           80      0-29      6ML        5.375
4000177428       359      249,600.00  249,600.00    6.999   1,455.79   10/1/2004           80      0-29      6ML         5.25
34003921         359       50,000.00   49,950.22        6     299.78   10/1/2004        58.82      0-29      6ML        3.625
34020842         179       40,000.00   39,889.43      8.5      393.9   10/1/2004        42.24      0-29      FIX            0
4000172994       359      640,000.00  639,392.74     6.25   3,940.59   10/1/2004           80      0-29      6ML        3.625
4000173475       359      279,000.00  279,000.00    8.125   1,889.06   10/1/2004           90      0-29      6ML         5.75
34975896         359      133,000.00  132,908.46    7.875     964.35   10/1/2004           95      0-29      6ML        5.875
4000172425       359      376,000.00  376,000.00    5.625   1,762.50   10/1/2004        78.33      0-29      6ML          3.5
4000160871       359      575,200.00  575,200.00    6.125   2,935.92   10/1/2004           80      0-29      6ML            4
34893081         359      135,850.00  135,763.37     8.25   1,020.60   10/1/2004           95      0-29      6ML        6.625
35146968         359      100,000.00   99,918.02        7     665.31   10/1/2004           80      0-29      6ML        5.375
4000168069       359       44,250.00   44,219.55    7.875     320.84   10/1/2004        89.94      0-29      6ML            5
34676544         357      270,400.00  270,400.00    5.625   1,267.50    8/1/2004           80      0-29      6ML          3.5
35109131         359       80,000.00   79,948.98     8.25     601.02   10/1/2004        79.82      0-29      FIX            0
34559864         358      121,500.00  121,359.67     8.75     955.85    9/1/2004           90      0-29      6ML            7
4000170961       359      398,400.00  398,400.00    4.625   1,535.50   10/1/2004           80      0-29      6ML            4
34795922         359      444,000.00  444,000.00      5.5   2,035.00   10/1/2004           80      0-29      6ML          3.5
35266501         359      286,400.00  286,400.00    6.875   1,640.83   10/1/2004           80      0-29      6ML        4.125
35126457         359      265,000.00  264,771.84     6.75   1,718.79   10/1/2004        89.83      0-29      6ML        5.375
35112317         359       96,800.00   96,745.73    8.875     770.19   10/1/2004           80      0-29      6ML          6.5
35072024         359      127,000.00  127,000.00    6.125     648.23   10/1/2004        79.42      0-29      6ML        4.125
35017037         359      152,000.00  151,887.19      7.5   1,062.81   10/1/2004          100      0-29      6ML        6.375
4000167789       359      254,600.00  254,401.39     7.25   1,736.82   10/1/2004           95      0-29      6ML        5.875
34051516         356      191,800.00  191,800.00    6.375   1,018.94    9/1/2004        89.98      0-29      6ML        5.125
4000148814       359      708,750.00  708,750.00    7.375   4,355.86   10/1/2004         94.5      0-29      6ML        5.375
35085364         359       57,600.00   57,564.19    8.375     437.81   10/1/2004           90      0-29      6ML         6.75
4000171027       359      116,000.00  115,930.42    9.625     985.99   10/1/2004          100      0-29      6ML        7.375
4000141328       356      184,000.00  184,000.00    5.375     824.17    9/1/2004           80      0-29      6ML        3.625
34995928         359      147,000.00  146,885.33     7.25   1,002.80   10/1/2004        94.84      0-29      6ML         5.75
35017094         359      180,500.00  180,384.90     8.25   1,356.04   10/1/2004           95      0-29      6ML        6.875
35150739         359       86,000.00   85,940.55    8.625      668.9   10/1/2004        76.11      0-29      6ML         5.75
35222348         359       55,100.00   55,068.29     8.75     433.48   10/1/2004        79.97      0-29      6ML        6.375
34989707         358      142,400.00  142,400.00      5.5     652.67    9/1/2004           80      0-29      6ML          3.5
4000136715       359      103,500.00  103,425.09    7.625     732.57   10/1/2004           90      0-29      FIX            0
4000162496       358      128,960.00  128,960.00      7.5        806    9/1/2004           80      0-29      6ML          5.5
4000162673       358      364,800.00  364,799.73    6.999   2,127.97    9/1/2004           95      0-29      6ML        5.375
34999433         359      615,000.00  615,000.00     7.25   3,715.63   10/1/2004          100      0-29      6ML            6
34853572         359      225,000.00  224,841.19     7.75   1,611.93   10/1/2004           90      0-29      6ML            6
34958660         358      400,000.00  400,000.00    6.375   2,125.00    9/1/2004         62.5      0-29      6ML        3.375
35091354         359       96,000.00   95,908.91     6.25     591.09   10/1/2004        89.72      0-29      6ML        4.875
35017474         359      184,205.00  184,046.39     6.75   1,194.76   10/1/2004           95      0-29      6ML         5.75
34951855         359      358,400.00  358,400.00     5.75   1,717.33   10/1/2004           80      0-29      6ML        3.875
4000163684       359      170,400.00  169,947.25    7.375   1,047.25   10/1/2004        88.68      0-29      6ML         5.25
35227982         359      152,100.00  152,007.86      8.5   1,169.52   10/1/2004           90      0-29      6ML          6.5
35193069         359      240,000.00  240,000.00      6.5   1,300.00   10/1/2004           80      0-29      6ML         4.75
35229970         359      142,300.00  142,300.00    7.125     844.91   10/1/2004        79.99      0-29      6ML        4.875
35110063         359      129,950.00  129,840.83    6.875     853.68   10/1/2004        99.97      0-29      6ML         5.25
35126275         359      128,250.00  128,159.48     7.75      918.8   10/1/2004           95      0-29      6ML         6.25
4000172157       359      304,000.00  304,000.00     6.75   1,710.00   10/1/2004           80      0-29      6ML          4.5
34649566         359       43,200.00   43,154.89     5.75     252.11   10/1/2004           80      0-29      6ML        3.625

<CAPTION>
             INITIAL  PERIODIC                           PREPAYMENT
  LOANID       CAP      CAP       FLOOR    CEILING          TERM                                PREPAYMENT PENALTY
--------------------------------------------------------------------------------------------------------------------------
<S>             <C>      <C>      <C>       <C>              <C>                        <C>
33019092        0        0            0          0           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000175921      3        1        7.375     13.375           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34727842        3        1        8.125     14.125           24                              6 mo.s interest less 20% obal
35230416        3        1         6.99      12.99           24                              6 mo.s interest less 20% obal
34995092        3        1            7         13           36                         min (2% prepaid, 60 days interest)
34527317        0        0            0          0           36                                                 2% prepaid
34527846        3        1          7.5       13.5           24                                                 2% prepaid
4000176751      3        1        5.875     11.875            0                                                       None
4000169139      3        1        6.875     12.875           36                              6 mo.s interest less 20% obal
4000173071      3        1          7.5       13.5           36                              6 mo.s interest less 20% obal
34712232        3        1        6.625     12.625            0                                                       None
34798645        3        1          5.5       11.5           24                              6 mo.s interest less 20% obal
35027861        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
4000126422      3        1        4.999     10.999           36                              6 mo.s interest less 20% obal
4000170649      3        1        7.625     13.625           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000160297      3        1        5.875     11.875           36                              6 mo.s interest less 20% obal
4000161668      3        1        6.625     12.625           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35267384        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
4000175849      3        1          8.5       14.5           24                              6 mo.s interest less 20% obal
34868448        3        1        9.375     15.375            0                                                       None
4000178153      3        1            8         14           24                              6 mo.s interest less 20% obal
34238972        1        1         5.75      11.75           36                              6 mo.s interest less 20% obal
4000168952      0        0            0          0           36                              6 mo.s interest less 20% obal
35362417        3        1         6.75      12.75           36                              6 mo.s interest less 20% obal
34719781        0        0            0          0           36                              6 mo.s interest less 20% obal
35078070        3        1          6.5       12.5            0                                                       None
35028703        3        1        6.375     12.375           36                              6 mo.s interest less 20% obal
34720540        3        1        5.375     11.375           36                              6 mo.s interest less 20% obal
4000165756      3        1         6.25      12.25           36                              6 mo.s interest less 20% obal
34856179        3        1            7         13           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000158843      3        1         6.25      12.25            0                                                       None
35184068        3        1        6.625     12.625           36                              6 mo.s interest less 20% obal
35267152        3        1         5.75      11.75           36                              6 mo.s interest less 20% obal
35212943        3        1         5.99      11.99           36                              6 mo.s interest less 20% obal
35104983        0        0            0          0           12                              6 mo.s interest less 20% obal
4000165073      3        1          8.5       14.5           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000158895      3        1        8.875     14.875           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000143652      3        1        5.375     11.375           24                              6 mo.s interest less 20% obal
4000169184      3        1        5.625     11.625           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34740266        3        1         8.25      14.25           24                              6 mo.s interest less 20% obal
34935932        3        1          7.5       13.5            0                                                       None
35235589        3        1        8.375     14.375           24                              6 mo.s interest less 20% obal
35158518        0        0            0          0           36                              6 mo.s interest less 20% obal
35247253        3        1         7.75      13.75           36                              6 mo.s interest less 20% obal
4000173820      3        1          6.5       12.5           36                              6 mo.s interest less 20% obal
34504290        3        1        6.625     12.625           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35190339        3        1         5.75      11.75           24                              6 mo.s interest less 20% obal
34897181        3        1        7.875     13.875           24                              6 mo.s interest less 20% obal
34645697        3        1        6.125     12.125           36                              6 mo.s interest less 20% obal
35150317        0        0            0          0            0                                                       None
4000158699      3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
34858977        3        1        7.625     13.625           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000165215      3        1         8.75      14.75            0                                                       None
4000173341      3        1        7.999     13.999           12                              6 mo.s interest less 20% obal
35105105        3        1        6.875     12.875           36                              6 mo.s interest less 20% obal
4000171407      3        1        7.375     13.375           24                              6 mo.s interest less 20% obal
4000177428      3        1        6.999     12.999           24                              6 mo.s interest less 20% obal
34003921        3        1            6         12            0                                                       None
34020842        0        0            0          0            0                                                       None
4000172994      3        1         6.25      12.25            0                                                       None
4000173475      3        1        8.125     14.125            0                                                       None
34975896        3        1        7.875     13.875           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000172425      3        1        5.625     11.625           24                              6 mo.s interest less 20% obal
4000160871      3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
34893081        3        1         8.25      14.25           24                              6 mo.s interest less 20% obal
35146968        3        1            7         13           24                              6 mo.s interest less 20% obal
4000168069      3        1        7.875     13.875           24                              6 mo.s interest less 20% obal
34676544        3        1        5.625     11.625           36                              6 mo.s interest less 20% obal
35109131        0        0            0          0            0                                                       None
34559864        3        1         8.75      14.75           24                              6 mo.s interest less 20% obal
4000170961      3        1        4.625     10.625           36                              6 mo.s interest less 20% obal
34795922        3        1          5.5       11.5           24                              6 mo.s interest less 20% obal
35266501        3        1        6.875     12.875            0                                                       None
35126457        3        1         6.75      12.75           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35112317        3        1        8.875     14.875            0                                                       None
35072024        3        1        6.125     12.125            0                                                       None
35017037        3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
4000167789      3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
34051516        3        1        6.375     12.375           36                              6 mo.s interest less 20% obal
4000148814      3        1        7.375     13.375           36                              6 mo.s interest less 20% obal
35085364        3        1        8.375     14.375           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000171027      3        1        9.625     15.625           24                              6 mo.s interest less 20% obal
4000141328      3        1        5.375     11.375           24                              6 mo.s interest less 20% obal
34995928        3        1         7.25      13.25           36                         min (2% prepaid, 60 days interest)
35017094        3        1         8.25      14.25           24                              6 mo.s interest less 20% obal
35150739        3        1        8.625     14.625           12                              6 mo.s interest less 20% obal
35222348        3        1         8.75      14.75           24                              6 mo.s interest less 20% obal
34989707        3        1          5.5       11.5           36                         min (2% prepaid, 60 days interest)
4000136715      0        0            0          0            0                                                       None
4000162496      3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
4000162673      3        1        6.999     12.999           36                              6 mo.s interest less 20% obal
34999433        3        1         7.25      13.25           36                         min (2% prepaid, 60 days interest)
34853572        3        1         7.75      13.75           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34958660        3        1        6.375     12.375            0                                                       None
35091354        3        1         6.25      12.25           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35017474        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
34951855        3        1         5.75      11.75           24                              6 mo.s interest less 20% obal
4000163684      3        1        7.375     13.375           24                              6 mo.s interest less 20% obal
35227982        3        1          8.5       14.5           24                              6 mo.s interest less 20% obal
35193069        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
35229970        3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
35110063        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
35126275        3        1         7.75      13.75           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000172157      3        1         6.75      12.75           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34649566        3        1         5.75      11.75           24                                                 2% prepaid

<CAPTION>
                                              PAYMENT
              FIRST RATE      RATE RESET       RESET                                  MI
  LOANID      RESET DATE       FREQUENCY     FREQUENCY  PURPOSE   DIV  IO    IOTERM  FLAG
-----------------------------------------------------------------------------------------
<S>           <C>                  <C>            <C>  <C>         <C>  <C>    <C>    <C>
33019092      00/00/0000           0              0    C/O Refi    N    N       0     Y
4000175921      9/1/2006           6              6    Purchase    N    N       0     Y
34727842        8/1/2006           6              6    C/O Refi    N    Y      60     N
35230416        9/1/2006           6              6    C/O Refi    N    Y      60     N
34995092        9/1/2006           6              6    C/O Refi    N    Y      60     Y
34527317      00/00/0000           0              0    Purchase    N    N       0     Y
34527846        9/1/2006           6              6    C/O Refi    N    N       0     Y
4000176751      9/1/2007           6              6    C/O Refi    N    N       0     N
4000169139      9/1/2007           6              6    Purchase    N    Y      60     N
4000173071      9/1/2007           6              6    C/O Refi    N    Y      60     Y
34712232        9/1/2006           6              6    C/O Refi    N    N       0     Y
34798645        9/1/2006           6              6    Purchase    N    Y      60     N
35027861        9/1/2006           6              6    Purchase    N    Y      60     Y
4000126422      9/1/2009           6              6    Purchase    N    Y      60     N
4000170649      9/1/2006           6              6    R/T Refi    N    N       0     Y
4000160297      8/1/2007           6              6    Purchase    N    Y      60     N
4000161668      9/1/2006           6              6    R/T Refi    N    N       0     Y
35267384        9/1/2006           6              6    C/O Refi    N    Y      60     N
4000175849      9/1/2006           6              6    Purchase    N    N       0     N
34868448        9/1/2006           6              6    Purchase    N    N       0     N
4000178153      9/1/2006           6              6    Purchase    N    N       0     N
34238972        3/1/2005           6              6    Purchase    N    Y      60     N
4000168952    00/00/0000           0              0    C/O Refi    N    N       0     N
35362417        9/1/2006           6              6    Purchase    N    Y      60     N
34719781      00/00/0000           0              0    Purchase    N    N       0     N
35078070        9/1/2006           6              6    Purchase    N    Y      60     N
35028703        9/1/2007           6              6    Purchase    N    Y      60     N
34720540        9/1/2006           6              6    Purchase    N    Y      60     N
4000165756      9/1/2009           6              6    Purchase    N    Y      60     N
34856179        9/1/2006           6              6    C/O Refi    N    N       0     N
4000158843      9/1/2006           6              6    Purchase    N    Y      60     N
35184068        8/1/2007           6              6    C/O Refi    N    N       0     N
35267152        9/1/2009           6              6    Purchase    N    Y      60     N
35212943        9/1/2006           6              6    Purchase    N    Y      60     N
35104983      00/00/0000           0              0    Purchase    N    N       0     N
4000165073      9/1/2006           6              6    C/O Refi    N    N       0     N
4000158895      9/1/2006           6              6    C/O Refi    N    N       0     N
4000143652      6/1/2006           6              6    Purchase    N    Y      60     N
4000169184      9/1/2006           6              6    Purchase    N    Y      60     N
34740266        9/1/2006           6              6    Purchase    N    Y      60     N
34935932        9/1/2006           6              6    C/O Refi    N    N       0     N
35235589        9/1/2006           6              6    Purchase    N    N       0     N
35158518      00/00/0000           0              0    C/O Refi    N    N       0     N
35247253        9/1/2007           6              6    Purchase    N    N       0     N
4000173820      9/1/2006           6              6    Purchase    N    Y      60     N
34504290        9/1/2009           6              6    C/O Refi    N    Y      60     N
35190339        9/1/2006           6              6    Purchase    N    Y      60     N
34897181        9/1/2006           6              6    C/O Refi    N    Y      60     Y
34645697        9/1/2007           6              6    R/T Refi    N    Y      60     N
35150317      00/00/0000           0              0    C/O Refi    N    N       0     N
4000158699      9/1/2006           6              6    Purchase    N    Y      60     N
34858977        9/1/2006           6              6    Purchase    N    N       0     Y
4000165215      9/1/2006           6              6    Purchase    N    N       0     N
4000173341      9/1/2006           6              6    C/O Refi    N    Y      60     N
35105105        9/1/2007           6              6    Purchase    N    Y      60     N
4000171407      9/1/2006           6              6    Purchase    N    Y      60     N
4000177428      9/1/2006           6              6    Purchase    N    Y      60     N
34003921        9/1/2007           6              6    C/O Refi    N    N       0     N
34020842      00/00/0000           0              0    C/O Refi    N    N       0     N
4000172994      9/1/2009           6              6    C/O Refi    N    N       0     N
4000173475      9/1/2006           6              6    C/O Refi    N    Y      60     N
34975896        9/1/2009           6              6    R/T Refi    N    N       0     Y
4000172425      9/1/2006           6              6    C/O Refi    N    Y      60     N
4000160871      9/1/2006           6              6    Purchase    N    Y      60     N
34893081        9/1/2006           6              6    C/O Refi    N    N       0     Y
35146968        9/1/2006           6              6    Purchase    N    N       0     N
4000168069      9/1/2009           6              6    Purchase    N    N       0     N
34676544        7/1/2009           6              6    Purchase    N    Y      60     N
35109131      00/00/0000           0              0    C/O Refi    N    N       0     N
34559864        8/1/2006           6              6    Purchase    N    N       0     Y
4000170961      9/1/2006           6              6    Purchase    N    Y      60     N
34795922        9/1/2006           6              6    Purchase    N    Y      60     N
35266501        9/1/2007           6              6    C/O Refi    N    Y      60     N
35126457        9/1/2006           6              6    C/O Refi    N    N       0     Y
35112317        9/1/2007           6              6    C/O Refi    N    N       0     N
35072024        9/1/2006           6              6    Purchase    N    Y      60     N
35017037        9/1/2006           6              6    Purchase    N    N       0     Y
4000167789      9/1/2006           6              6    Purchase    N    N       0     N
34051516        6/1/2009           6              6    Purchase    N    Y      60     N
4000148814      9/1/2007           6              6    Purchase    N    Y      60     N
35085364        9/1/2006           6              6    C/O Refi    N    N       0     Y
4000171027      9/1/2006           6              6    Purchase    N    N       0     N
4000141328      6/1/2009           6              6    Purchase    N    Y      60     N
34995928        9/1/2007           6              6    C/O Refi    N    N       0     Y
35017094        9/1/2006           6              6    C/O Refi    N    N       0     Y
35150739        9/1/2009           6              6    C/O Refi    N    N       0     N
35222348        9/1/2006           6              6    Purchase    N    N       0     N
34989707        8/1/2007           6              6    Purchase    N    Y      60     N
4000136715    00/00/0000           0              0    Purchase    N    N       0     Y
4000162496      8/1/2006           6              6    Purchase    N    Y      60     N
4000162673      8/1/2007           6              6    C/O Refi    N    Y      60     Y
34999433        9/1/2006           6              6    Purchase    N    Y      60     N
34853572        9/1/2006           6              6    C/O Refi    N    N       0     N
34958660        8/1/2006           6              6    C/O Refi    N    Y      60     N
35091354        9/1/2007           6              6    C/O Refi    N    N       0     N
35017474        9/1/2006           6              6    Purchase    N    N       0     Y
34951855        9/1/2006           6              6    Purchase    N    Y      60     N
4000163684      9/1/2009           6              6    R/T Refi    N    Y      60     Y
35227982        9/1/2006           6              6    Purchase    N    N       0     Y
35193069        9/1/2006           6              6    Purchase    N    Y      60     N
35229970        9/1/2006           6              6    Purchase    N    Y      60     N
35110063        9/1/2006           6              6    Purchase    N    N       0     N
35126275        9/1/2006           6              6    C/O Refi    N    N       0     Y
4000172157      9/1/2007           6              6    C/O Refi    N    Y      60     N
34649566        9/1/2006           6              6    C/O Refi    N    N       0     N
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
                                                          PROPERTY                    ORIGINAL ORIGINATION  FIRST PAY   MATURITY
  LOANID              CITY                 ZIP    STATE     TYPE       OCCUPANCY        TERM      DATE        DATE        DATE
--------------------------------------------------------------------------------------------------------------------------------
<S>           <C>                         <C>       <C>   <C>        <C>                <C>     <C>         <C>         <C>
35153907      BRISTOL                     37620     TN       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
34717728      MORENO VALLEY               92555     CA       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
34960435      CHINO                       91710     CA       PUD     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
34717736      PERRIS                      92571     CA       SFR        Investor        360      8/4/2004   10/1/2004   9/1/2034
35122118      HAMMOND                     46323     IN       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
4000175561    HAVERHILL                    1830     MA      Condo    Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
4000164940    FRESNO                      93726     CA       SFR     Owner Occupied     360     7/28/2004   10/1/2004   9/1/2034
4000178229    WARREN                      48089     MI       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35283506      PHILADELPHIA                19124     PA       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
35123439      TINLEY PARK                 60477     IL       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
33017591      INDIANAPOLIS                46237     IN       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35161090      WINDER                      30680     GA       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34658955      HAZELWOOD                   63042     MO       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
35153246      CONLEY                      30288     GA       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
35244847      HOUSTON                     77025     TX       PUD     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
35264480      TUJUNGA                     91042     CA       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
34693689      FORT LAUDERDALE             33319     FL      Condo    Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
34864819      BROOKLYN                    11203     NY       SFR     Owner Occupied     360     7/14/2004    9/1/2004   8/1/2034
35067339      GRAHAM                      27253     NC       SFR     Owner Occupied     360      8/3/2004    9/1/2004   8/1/2034
34900480      ORLANDO                     32808     FL       SFR     Owner Occupied     180      8/3/2004   10/1/2004   9/1/2019
35145929      MEMPHIS                     38115     TN       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
35122753      NEW LENOX                   60451     IL       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
34856948      CHICAGO                     60629     IL       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
4000166581    PORT SAINT LUCIE            34984     FL       SFR     Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
34560623      PLANO                       75023     TX       SFR     Owner Occupied     360     7/27/2004   10/1/2004   9/1/2034
4000175621    FEDERAL WAY                 98023     WA      Condo    Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34021063      KATY                        77450     TX       PUD     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34791574      CHULA VISTA                 91913     CA       PUD     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
34759324      BOWIE                       20716     MD       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35074186      RALEIGH                     27616     NC       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
35037407      LOS ANGELES                 90046     CA      Condo    Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000159120    SAGINAW                     48603     MI       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
4000159274    JACKSONVILLE                28540     NC       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34239087      SCOTTSDALE                  85260     AZ       PUD     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
34997056      EDINA                       55435     MN      Condo    Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34937755      TIGARD                      97223     OR       PUD     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35262203      VICTORVILLE                 92394     CA       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
34706580      PALM SPRINGS                92262     CA      Condo      Second Home      360     7/22/2004    9/1/2004   8/1/2034
4000174492    HIALEAH                     33016     FL      Condo    Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35202357      TEMECULA                    92592     CA       PUD     Owner Occupied     360     7/27/2004    9/1/2004   8/1/2034
35265644      ROMOLAND                    92585     CA       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
35187194      REDONDO BEACH               90278     CA      Condo    Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
35109677      CORPUS CHRISTI              78415     TX       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
4000179090    THOUSAND OAKS               91362     CA      Condo    Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34919316      ANTIOCH                     37013     TN       PUD     Owner Occupied     360     7/27/2004    9/1/2004   8/1/2034
35262757      FRESNO                      93703     CA       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
4000169359    HOMESTEAD                   33033     FL       PUD     Owner Occupied     360      8/4/2004    9/1/2004   8/1/2034
35192178      LA MIRADA                   90638     CA       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
35304252      LAS VEGAS                   89131     NV       PUD     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
4000170199    HAWTHORNE                   90250     CA       PUD     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35076769      WILSON                      27893     NC       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
4000163618    GRANITE BAY                 95746     CA       PUD     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34696419      FORT LAUDERDALE             33317     FL       SFR     Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
35304013      NORTH LAS VEGAS             89030     NV       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
34705970      THOUSAND PALMS              92276     CA       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
4000168749    BAKERSFIELD                 93305     CA       SFR     Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
4000170595    STATEN ISLAND               10310     NY       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35034529      WEST COVINA                 91791     CA       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
33757998      SHORELINE                   98133     WA       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35191063      TORRANCE                    90505     CA       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
34529446      OMAHA                       68134     NE       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
34949719      HAWTHORNE                   90250     CA       SFR     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
4000176723    ESCONDIDO                   92026     CA       PUD     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35208776      CHULA VISTA                 91915     CA       PUD     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
34020594      HOUSTON                     77039     TX       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
34678086      BULLHEAD CITY               86442     AZ       SFR     Owner Occupied     360     7/27/2004    9/1/2004   8/1/2034
35126051      CHICAGO                     60639     IL    Units 2-4  Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
33476250      SANTA MARIA                 93454     CA       SFR        Investor        360     6/17/2004    8/1/2004   7/1/2034
4000167651    LANSING                     48911     MI       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
4000171167    PORT HUENEME                93041     CA      Condo    Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
4000169346    OXNARD                      93033     CA       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34972794      FORT WAYNE                  46818     IN       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34795120      SAN CLEMENTE                92672     CA    Units 2-4  Owner Occupied     360     7/26/2004    9/1/2004   8/1/2034
4000159478    SULTAN                      98294     WA       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
33016809      LAFAYETTE                   47909     IN       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
35183698      ONTARIO                     91762     CA      Condo    Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
34834077      WOONSOCKET                   2895     RI       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34958876      ANAHEIM                     92808     CA       PUD        Investor        360     7/22/2004    9/1/2004   8/1/2034
35235472      TITUSVILLE                  32796     FL       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35161306      CLEVELAND                   30528     GA       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35151059      BRUNSWICK                   31525     GA       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
34698977      PLANTATION                  33317     FL       SFR     Owner Occupied     360      8/2/2004    9/1/2004   8/1/2034
35191139      POMONA                      91766     CA       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
34718353      CHINO                       91710     CA       PUD     Owner Occupied     360     7/27/2004   10/1/2004   9/1/2034
4000177356    HOUSTON                     77049     TX       PUD     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
4000167793    GRANADA HILLS               91344     CA       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
4000176188    FRESNO                      93722     CA       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34965087      LOUISVILLE                  40216     KY       SFR     Owner Occupied     180     8/24/2004   10/1/2004   9/1/2019
4000116977    SACRAMENTO                  95821     CA       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
4000167185    AUBURN HILLS                48326     MI       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
35037894      VALENCIA                    91354     CA       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000163734    WINCHESTER                  22602     VA       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
35150408      CANTON                      30115     GA       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
4000167757    BURNEY                      96013     CA       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
34949008      CORONA                      92880     CA       SFR     Owner Occupied     360      7/1/2004    9/1/2004   8/1/2034
34072645      HENDERSON                   89015     NV       SFR       Second Home      360     7/30/2004   10/1/2004   9/1/2034
35078575      COLUMBIA                    29229     SC       PUD     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35153568      ACWORTH                     30101     GA       PUD     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
4000154344    SAN CARLOS                  94070     CA       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
4000177754    GREEN ACRES                 33463     FL       PUD     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
4000168136    ELK GROVE                   95758     CA       SFR     Owner Occupied     360     7/28/2004   10/1/2004   9/1/2034
4000155340    PARADISE                    95928     CA       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
34865915      SCHENECTADY                 12304     NY    Units 2-4  Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
4000168498    FRESNO                      93725     CA       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
34652149      SAINT LOUIS                 63130     MO       SFR     Owner Occupied     360     7/26/2004    9/1/2004   8/1/2034

<CAPTION>
                                                                                      ORIGINAL
                                                                                      COMBAINED
              REMAINING     ORIGINAL   SCHEDULED                       PAID THRU       LOAN TO      OTS
  LOANID        TERM        BALANCE     BALANCE      RATE      P&I        DATE          VALUE   DELINQUENCY INDEX       MARGIN
------------------------------------------------------------------------------------------------------------------------------
<S>              <C>      <C>         <C>           <C>     <C>        <C>              <C>        <C>       <C>        <C>
35153907         359       58,400.00   58,349.71     6.75     378.79   10/1/2004           80      0-29      6ML        4.875
34717728         359      247,500.00  247,500.00      6.5   1,340.63   10/1/2004           90      0-29      6ML        5.125
34960435         359      212,000.00  212,000.00     6.25   1,104.17   10/1/2004           80      0-29      6ML            4
34717736         359      176,000.00  176,000.00     6.25     916.67   10/1/2004        78.22      0-29      6ML            4
35122118         359       72,000.00   71,930.02    6.125     437.48   10/1/2004           80      0-29      6ML        4.375
4000175561       359      200,000.00  200,000.00    6.125   1,020.83   10/1/2004           80      0-29      6ML         4.25
4000164940       359      135,000.00  134,899.81      7.5     943.94   10/1/2004        62.79      0-29      FIX            0
4000178229       359       77,900.00   77,845.01     7.75     558.09   10/1/2004           95      0-29      6ML            6
35283506         359       76,500.00   76,458.21        9     615.54   10/1/2004           85      0-29      6ML        7.375
35123439         359      126,400.00  126,400.00     7.25     763.67   10/1/2004           80      0-29      6ML         4.75
33017591         359       99,100.00   99,008.21    6.375     618.26   10/1/2004        79.98      0-29      6ML        4.625
35161090         359       89,600.00   89,547.10    8.625      696.9   10/1/2004           80      0-29      FIX            0
34658955         359      111,500.00  111,431.41    8.625     867.24   10/1/2004        89.99      0-29      6ML        6.875
35153246         359      144,000.00  144,000.00    7.125        855   10/1/2004          100      0-29      6ML        5.125
35244847         359      199,900.00  199,900.00     7.75   1,291.02   10/1/2004          100      0-29      6ML         5.75
35264480         359      306,350.00  306,122.64      7.5   2,142.05   10/1/2004         88.8      0-29      6ML         5.25
34693689         358      156,750.00  156,750.00     7.75   1,012.34    9/1/2004           95      0-29      6ML        5.875
34864819         358      318,250.00  317,799.29     7.75   2,279.99    9/1/2004           95      0-29      6ML         6.25
35067339         358      140,800.00  140,538.49    6.375     878.41   10/1/2004           80      0-29      6ML         4.75
34900480         179       40,000.00   39,858.33     7.75     376.52   10/1/2004        47.62      0-29      FIX            0
35145929         359       79,200.00   79,145.49    7.875     574.26   10/1/2004           80      0-29      6ML         4.75
35122753         359      194,750.00  194,605.46      7.5   1,361.73   10/1/2004           95      0-29      FIX            0
34856948         359      124,950.00  124,857.27      7.5     873.67   10/1/2004           85      0-29      6ML          5.5
4000166581       358      115,200.00  115,044.88        8      845.3    9/1/2004           90      0-29      6ML         6.25
34560623         359      193,600.00  193,411.83    6.125   1,176.34   10/1/2004           80      0-29      6ML          4.5
4000175621       359      141,600.00  141,600.00      6.5        767   10/1/2004           80      0-29      6ML         4.25
34021063         359      124,000.00  123,903.27     7.25      845.9   10/1/2004           80      0-29      FIX            0
34791574         359      512,000.00  512,000.00     5.75   2,453.33   10/1/2004           80      0-29      6ML        3.625
34759324         359      164,000.00  164,000.00     6.25     854.17   10/1/2004           80      0-29      6ML        4.375
35074186         359      319,050.00  319,050.00    7.125   1,894.36   10/1/2004           90      0-29      6ML         5.75
35037407         359      284,500.00  284,500.00    6.375   1,511.41   10/1/2004        79.99      0-29      6ML         4.25
4000159120       359      151,200.00  151,082.05     7.25   1,031.45   10/1/2004           90      0-29      6ML        5.875
4000159274       359       70,000.00   70,000.00     6.25     364.58   10/1/2004           50      0-29      FIX            0
34239087         359      285,000.00  284,999.99     6.25   1,484.38   10/1/2004           95      0-29      6ML            5
34997056         359      114,300.00  114,300.00     7.25     690.56   10/1/2004           90      0-29      6ML        5.625
34937755         359      216,000.00  216,000.00     6.75   1,215.00   10/1/2004           80      0-29      6ML         4.25
35262203         359      164,000.00  163,881.29    7.625   1,160.79   10/1/2004        88.65      0-29      FIX            0
34706580         358      110,000.00  109,814.63    6.875     722.63   10/1/2004        70.06      0-29      6ML        3.875
4000174492       359      124,950.00  124,859.56    7.625     884.39   10/1/2004           85      0-29      FIX            0
35202357         358      336,000.00  336,000.00      5.5   1,540.00    9/1/2004           80      0-29      6ML          3.5
35265644         359      208,750.00  208,750.00    6.875   1,195.96   10/1/2004        79.98      0-29      6ML         5.25
35187194         359      750,000.00  750,000.00     6.75   4,218.75   10/1/2004        79.37      0-29      6ML            4
35109677         359       67,200.00   67,159.29      8.5     516.71   10/1/2004           80      0-29      FIX            0
4000179090       359      385,000.00  384,714.27      7.5   2,691.98   10/1/2004          100      0-29      6ML        5.625
34919316         358      104,000.00  103,710.53    6.375     648.83   10/1/2004           80      0-29      6ML            4
35262757         359      104,000.00  103,924.72    7.625     736.11   10/1/2004        78.79      0-29      FIX            0
4000169359       358      184,000.00  184,000.00      6.5     996.67    9/1/2004           80      0-29      6ML          4.5
35192178         359      200,000.00  200,000.00    6.875   1,145.83   10/1/2004        44.94      0-29      6ML        4.625
35304252         359      192,000.00  192,000.00    7.375   1,180.00   10/1/2004        65.08      0-29      FIX            0
4000170199       359      360,000.00  360,000.00    5.125   1,537.50   10/1/2004           80      0-29      6ML          3.5
35076769         359      111,600.00  111,600.00    7.875     732.38   10/1/2004           90      0-29      6ML        5.875
4000163618       359      264,000.00  264,000.00    6.375   1,402.50   10/1/2004           80      0-29      6ML        4.125
34696419         358      134,000.00  133,751.11    6.375     835.99    9/1/2004        67.34      0-29      6ML        3.625
35304013         359      121,500.00  121,428.26    8.625     945.02   10/1/2004           90      0-29      6ML        6.625
34705970         359      156,000.00  156,000.00    6.125     796.25   10/1/2004           80      0-29      6ML         4.25
4000168749       358      142,500.00  142,259.89    6.875     936.12    9/1/2004           95      0-29      6ML         5.25
4000170595       359      270,000.00  270,000.00     7.75   1,743.75   10/1/2004           90      0-29      6ML            6
35034529         359      552,000.00  551,500.98      6.5   3,489.02   10/1/2004           80      0-29      6ML        4.125
33757998         359      228,000.00  228,000.00    6.625   1,258.75   10/1/2004           80      0-29      6ML        4.125
35191063         359      500,000.00  500,000.00     5.25   2,187.50   10/1/2004        79.37      0-29      6ML          3.5
34529446         359       95,000.00   94,932.94     7.75      680.6   10/1/2004           95      0-29      6ML        6.125
34949719         358      284,000.00  284,000.00    6.625   1,567.92    9/1/2004           80      0-29      6ML        4.375
4000176723       359      408,000.00  407,622.11    6.375   2,545.39   10/1/2004        77.86      0-29      6ML        4.625
35208776         359      600,000.00  600,000.00    5.875   2,937.50   10/1/2004          100      0-29      6ML            5
34020594         359       72,000.00   71,963.64    9.375     598.86   10/1/2004           80      0-29      FIX            0
34678086         358      102,000.00  101,862.38     7.99     747.73    9/1/2004           85      0-29      6ML        6.125
35126051         359      222,000.00  221,847.22    7.875   1,609.66   10/1/2004        69.38      0-29      6ML         5.25
33476250         357      200,000.00  199,311.62     5.75   1,167.15    9/1/2004        68.97      0-29      6ML         3.25
4000167651       359       65,600.00   65,550.09    7.375     453.08   10/1/2004           80      0-29      6ML         5.75
4000171167       359      239,900.00  239,900.00    6.125   1,224.49   10/1/2004        79.99      0-29      6ML        4.125
4000169346       359      270,000.00  269,731.17    5.999   1,618.61   10/1/2004         67.5      0-29      6ML        3.875
34972794         359      118,500.00  118,400.44    6.875     778.47   10/1/2004        94.05      0-29      6ML         5.25
34795120         358      552,000.00  552,000.00    6.875   3,162.50    9/1/2004           80      0-29      6ML        4.375
4000159478       359      156,440.00  156,440.00     6.25     814.79   10/1/2004           80      0-29      6ML        4.625
33016809         359      106,000.00  105,925.18     7.75      759.4   10/1/2004        94.64      0-29      FIX            0
35183698         359      190,400.00  190,400.00    7.125   1,130.50   10/1/2004           80      0-29      FIX            0
34834077         359      180,000.00  180,000.00     6.75   1,012.50   10/1/2004           80      0-29      6ML            5
34958876         358      250,000.00  249,588.14     6.99   1,661.58    9/1/2004           50      0-29      6ML            3
35235472         359       73,150.00   73,105.68      8.5     562.47   10/1/2004           95      0-29      6ML            7
35161306         359      242,000.00  241,770.38     6.25   1,490.04   10/1/2004           88      0-29      6ML        5.125
35151059         359      128,700.00  128,700.00        9     965.25   10/1/2004           90      0-29      6ML            7
34698977         358      521,600.00  520,783.72     7.25   3,558.24    9/1/2004           80      0-29      6ML          5.5
35191139         359      252,800.00  252,800.00    6.625   1,395.67   10/1/2004           80      0-29      6ML        4.875
34718353         359      283,500.00  283,500.00    6.625   1,565.16   10/1/2004           75      0-29      6ML        4.125
4000177356       359       95,000.00   95,000.00     8.25     653.12   10/1/2004          100      0-29      6ML            6
4000167793       359      293,000.00  292,753.85    6.875   1,924.80   10/1/2004        48.83      0-29      6ML        4.625
4000176188       359      135,000.00  135,000.00    6.375     717.19   10/1/2004        62.79      0-29      6ML        3.875
34965087         179       58,000.00   57,841.47    8.625     575.41   10/1/2004          100      0-29      FIX            0
4000116977       359      222,400.00  222,400.00    5.625   1,042.50   10/1/2004           80      0-29      6ML        3.625
4000167185       359      154,400.00  154,400.00     7.25     932.83   10/1/2004           80      0-29      FIX            0
35037894         359      556,000.00  556,000.00     5.75   2,664.17   10/1/2004           80      0-29      6ML        3.875
4000163734       359      227,200.00  227,013.73    6.999   1,511.41   10/1/2004        94.67      0-29      6ML            6
35150408         359      102,400.00  102,400.00     6.75        576   10/1/2004           80      0-29      6ML        4.625
4000167757       359      119,000.00  119,000.00      6.5     644.58   10/1/2004           85      0-29      6ML         4.25
34949008         358      450,000.00  449,999.99    6.625   2,484.38    9/1/2004        76.92      0-29      6ML         4.25
34072645         359      212,800.00  212,800.00      7.5   1,330.00   10/1/2004           95      0-29      6ML        5.875
35078575         359      133,100.00  133,100.00    6.375     707.09   10/1/2004        79.98      0-29      6ML         4.75
35153568         359      129,040.00  129,040.00     6.75     725.85   10/1/2004           80      0-29      6ML        4.625
4000154344       359      750,000.00  750,000.00     6.25   3,906.25   10/1/2004        77.72      0-29      6ML         3.75
4000177754       359      138,700.00  138,609.27    8.125   1,029.84   10/1/2004           95      0-29      6ML        6.625
4000168136       359      260,000.00  259,776.14     6.75   1,686.36   10/1/2004           80      0-29      FIX            0
4000155340       359      157,600.00  157,600.00    7.125     935.75   10/1/2004        84.96      0-29      6ML        5.875
34865915         359       56,700.00   56,669.02        9     456.23   10/1/2004           90      0-29      6ML         7.25
4000168498       359      114,750.00  114,683.98     8.75     902.74   10/1/2004           85      0-29      FIX            0
34652149         358      128,250.00  128,049.28     7.25      874.9    9/1/2004           95      0-29      6ML        5.625

<CAPTION>
             INITIAL  PERIODIC                           PREPAYMENT
  LOANID       CAP      CAP       FLOOR    CEILING          TERM                                PREPAYMENT PENALTY
--------------------------------------------------------------------------------------------------------------------------
<S>             <C>      <C>      <C>       <C>              <C>                        <C>
35153907        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
34717728        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
34960435        3        1         6.25      12.25           36                              6 mo.s interest less 20% obal
34717736        3        1         6.25      12.25           36                              6 mo.s interest less 20% obal
35122118        3        1        6.125     12.125           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000175561      3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
4000164940      0        0            0          0           36                              6 mo.s interest less 20% obal
4000178229      3        1         7.75      13.75           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35283506        3        1            9         15           24                              6 mo.s interest less 20% obal
35123439        3        1         7.25      13.25           12                              3%/2%/1%-1st yr/2nd yr/3rd yr
33017591        3        1        6.375     12.375           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35161090        0        0            0          0            0                                                       None
34658955        3        1        8.625     14.625           24                                                 2% prepaid
35153246        3        1        7.125     13.125            0                                                       None
35244847        3        1         7.75      13.75           36                              6 mo.s interest less 20% obal
35264480        3        1          7.5       13.5            0                                                       None
34693689        3        1         7.75      13.75           24                              6 mo.s interest less 20% obal
34864819        3        1         7.75      13.75            0                                                       None
35067339        3        1        6.375     12.375            0                                                       None
34900480        0        0            0          0           36                              6 mo.s interest less 20% obal
35145929        3        1        7.875     13.875           24                              6 mo.s interest less 20% obal
35122753        0        0            0          0            0                                                       None
34856948        3        1          7.5       13.5           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000166581      3        1            8         14           24                              6 mo.s interest less 20% obal
34560623        3        1        6.125     12.125            0                                                       None
4000175621      3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
34021063        0        0            0          0            0                                                       None
34791574        3        1         5.75      11.75           24                              6 mo.s interest less 20% obal
34759324        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
35074186        3        1        7.125     13.125            0                                                       None
35037407        3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
4000159120      3        1         7.25      13.25           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000159274      0        0            0          0            0                                                       None
34239087        1        1         6.25      12.25           24                              6 mo.s interest less 20% obal
34997056        3        1         7.25      13.25           36                         min (2% prepaid, 60 days interest)
34937755        3        1         6.75      12.75           36                              6 mo.s interest less 20% obal
35262203        0        0            0          0           36                              6 mo.s interest less 20% obal
34706580        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
4000174492      0        0            0          0           36                              6 mo.s interest less 20% obal
35202357        3        1          5.5       11.5           24                              6 mo.s interest less 20% obal
35265644        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
35187194        3        1         6.75      12.75           36                              6 mo.s interest less 20% obal
35109677        0        0            0          0            0                                                       None
4000179090      3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
34919316        3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
35262757        0        0            0          0           36                              6 mo.s interest less 20% obal
4000169359      3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
35192178        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
35304252        0        0            0          0           36                              6 mo.s interest less 20% obal
4000170199      3        1        5.125     11.125           36                              6 mo.s interest less 20% obal
35076769        1        1        7.875     13.875            0                                                       None
4000163618      3        1        6.375     12.375           12                              6 mo.s interest less 20% obal
34696419        3        1        6.375     12.375           36                              6 mo.s interest less 20% obal
35304013        3        1        8.625     14.625           24                              6 mo.s interest less 20% obal
34705970        3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
4000168749      3        1        6.875     12.875           36                              6 mo.s interest less 20% obal
4000170595      3        1         7.75      13.75            0                                                       None
35034529        3        1          6.5       12.5            0                                                       None
33757998        3        1        6.625     12.625           36                              6 mo.s interest less 20% obal
35191063        3        1         5.25      11.25           12                              6 mo.s interest less 20% obal
34529446        3        1         7.75      13.75           24                              6 mo.s interest less 20% obal
34949719        3        1        6.625     12.625           36                              6 mo.s interest less 20% obal
4000176723      3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
35208776        3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
34020594        0        0            0          0            0                                                       None
34678086        3        1         7.99      13.99           24                              6 mo.s interest less 20% obal
35126051        3        1        7.875     13.875           12                              3%/2%/1%-1st yr/2nd yr/3rd yr
33476250        3        1         5.75      11.75           36                              6 mo.s interest less 20% obal
4000167651      3        1        7.375     13.375           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000171167      3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
4000169346      3        1        5.999     11.999           24                              6 mo.s interest less 20% obal
34972794        3        1        6.875     12.875           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34795120        3        1        6.875     12.875           12                              6 mo.s interest less 20% obal
4000159478      3        1         6.25      12.25           36                              6 mo.s interest less 20% obal
33016809        0        0            0          0           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35183698        0        0            0          0           36                              6 mo.s interest less 20% obal
34834077        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
34958876        3        1         6.99      12.99           24                              6 mo.s interest less 20% obal
35235472        3        1          8.5       14.5           24                              6 mo.s interest less 20% obal
35161306        3        1         6.25      12.25            0                                                       None
35151059        3        1            9         15            0                                                       None
34698977        3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
35191139        3        1        6.625     12.625           36                              6 mo.s interest less 20% obal
34718353        3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
4000177356      3        1         8.25      14.25           24                              6 mo.s interest less 20% obal
4000167793      3        1        6.875     12.875           36                              6 mo.s interest less 20% obal
4000176188      3        1        6.375     12.375           36                              6 mo.s interest less 20% obal
34965087        0        0            0          0           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000116977      3        1        5.625     11.625           24                              6 mo.s interest less 20% obal
4000167185      0        0            0          0           36                                                 1% prepaid
35037894        3        1         5.75      11.75           24                              6 mo.s interest less 20% obal
4000163734      3        1        6.999     12.999           36                              6 mo.s interest less 20% obal
35150408        3        1         6.75      12.75            0                                                       None
4000167757      3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
34949008        3        1        6.625     12.625           36                              6 mo.s interest less 20% obal
34072645        3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
35078575        3        1        6.375     12.375            0                                                       None
35153568        3        1         6.75      12.75            0                                                       None
4000154344      3        1         6.25      12.25            0                                                       None
4000177754      3        1        8.125     14.125           24                              6 mo.s interest less 20% obal
4000168136      0        0            0          0           36                              6 mo.s interest less 20% obal
4000155340      3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
34865915        3        1            9         15            0                                                       None
4000168498      0        0            0          0           36                              6 mo.s interest less 20% obal
34652149        3        1         7.25      13.25           24                                                 2% prepaid

<CAPTION>
                                              PAYMENT
              FIRST RATE      RATE RESET       RESET                                  MI
  LOANID      RESET DATE       FREQUENCY     FREQUENCY  PURPOSE   DIV  IO    IOTERM  FLAG
-----------------------------------------------------------------------------------------
<S>           <C>                  <C>            <C>  <C>         <C>  <C>    <C>    <C>
35153907        9/1/2006           6              6    C/O Refi    N    N       0     N
34717728        9/1/2006           6              6    Purchase    N    Y      60     Y
34960435        9/1/2009           6              6    Purchase    N    Y      60     N
34717736        9/1/2006           6              6    C/O Refi    N    Y      60     N
35122118        9/1/2006           6              6    Purchase    N    N       0     N
4000175561      9/1/2006           6              6    Purchase    N    Y      60     N
4000164940    00/00/0000           0              0    C/O Refi    N    N       0     N
4000178229      9/1/2006           6              6    C/O Refi    N    N       0     Y
35283506        9/1/2006           6              6    Purchase    N    N       0     Y
35123439        9/1/2006           6              6    Purchase    N    Y      60     N
33017591        9/1/2007           6              6    Purchase    N    N       0     N
35161090      00/00/0000           0              0    C/O Refi    N    N       0     N
34658955        9/1/2006           6              6    Purchase    N    N       0     Y
35153246        9/1/2006           6              6    C/O Refi    N    Y      60     N
35244847        9/1/2009           6              6    Purchase    N    Y      60     N
35264480        9/1/2006           6              6    C/O Refi    N    N       0     N
34693689        8/1/2006           6              6    C/O Refi    N    Y      60     Y
34864819        8/1/2007           6              6    Purchase    N    N       0     Y
35067339        8/1/2006           6              6    Purchase    N    N       0     N
34900480      00/00/0000           0              0    C/O Refi    N    N       0     N
35145929        9/1/2006           6              6    Purchase    N    N       0     N
35122753      00/00/0000           0              0    C/O Refi    N    N       0     Y
34856948        9/1/2006           6              6    C/O Refi    N    N       0     Y
4000166581      8/1/2006           6              6    C/O Refi    N    N       0     Y
34560623        9/1/2007           6              6    C/O Refi    N    N       0     N
4000175621      9/1/2006           6              6    Purchase    N    Y      60     N
34021063      00/00/0000           0              0    C/O Refi    N    N       0     N
34791574        9/1/2006           6              6    Purchase    N    Y      60     N
34759324        9/1/2006           6              6    Purchase    N    Y      60     N
35074186        9/1/2007           6              6    Purchase    N    Y      60     Y
35037407        9/1/2006           6              6    Purchase    N    Y      60     N
4000159120      9/1/2006           6              6    R/T Refi    N    N       0     N
4000159274    00/00/0000           0              0    Purchase    N    Y      60     N
34239087        3/1/2005           6              6    Purchase    N    Y      60     N
34997056        9/1/2006           6              6    Purchase    N    Y      60     N
34937755        9/1/2009           6              6    R/T Refi    N    Y      60     N
35262203      00/00/0000           0              0    C/O Refi    N    N       0     N
34706580        8/1/2009           6              6    C/O Refi    N    N       0     N
4000174492    00/00/0000           0              0    R/T Refi    N    N       0     Y
35202357        8/1/2006           6              6    Purchase    N    Y      60     N
35265644        9/1/2006           6              6    Purchase    N    Y      60     N
35187194        9/1/2009           6              6    Purchase    N    Y      60     N
35109677      00/00/0000           0              0    C/O Refi    N    N       0     N
4000179090      9/1/2006           6              6    R/T Refi    N    N       0     N
34919316        8/1/2006           6              6    Purchase    N    N       0     N
35262757      00/00/0000           0              0    C/O Refi    N    N       0     N
4000169359      8/1/2006           6              6    Purchase    N    Y      60     N
35192178        9/1/2006           6              6    Purchase    N    Y      60     N
35304252      00/00/0000           0              0    C/O Refi    N    Y      60     N
4000170199      9/1/2009           6              6    Purchase    N    Y      60     N
35076769        3/1/2005           6              6    R/T Refi    N    Y      60     N
4000163618      9/1/2006           6              6    Purchase    N    Y      60     N
34696419        8/1/2007           6              6    C/O Refi    N    N       0     N
35304013        9/1/2006           6              6    C/O Refi    N    N       0     Y
34705970        9/1/2006           6              6    Purchase    N    Y      60     N
4000168749      8/1/2007           6              6    Purchase    N    N       0     N
4000170595      9/1/2006           6              6    C/O Refi    N    Y      60     N
35034529        9/1/2006           6              6    C/O Refi    N    N       0     N
33757998        9/1/2009           6              6    C/O Refi    N    Y      60     N
35191063        9/1/2006           6              6    Purchase    N    Y      60     N
34529446        9/1/2006           6              6    C/O Refi    N    N       0     N
34949719        8/1/2009           6              6    Purchase    N    Y      60     N
4000176723      9/1/2006           6              6    R/T Refi    N    N       0     N
35208776        9/1/2006           6              6    Purchase    N    Y      60     N
34020594      00/00/0000           0              0    C/O Refi    N    N       0     N
34678086        8/1/2006           6              6    Purchase    N    N       0     Y
35126051        9/1/2006           6              6    C/O Refi    N    N       0     N
33476250        7/1/2007           6              6    C/O Refi    N    N       0     N
4000167651      9/1/2006           6              6    Purchase    N    N       0     N
4000171167      9/1/2006           6              6    Purchase    N    Y      60     N
4000169346      9/1/2006           6              6    R/T Refi    N    N       0     N
34972794        9/1/2006           6              6    R/T Refi    N    N       0     Y
34795120        8/1/2006           6              6    Purchase    N    Y      60     N
4000159478      9/1/2007           6              6    Purchase    N    Y      60     N
33016809      00/00/0000           0              0    C/O Refi    N    N       0     N
35183698      00/00/0000           0              0    Purchase    N    Y      60     N
34834077        9/1/2006           6              6    Purchase    N    Y      60     N
34958876        8/1/2006           6              6    C/O Refi    N    N       0     N
35235472        9/1/2006           6              6    Purchase    N    N       0     Y
35161306        9/1/2007           6              6    C/O Refi    N    N       0     N
35151059        9/1/2007           6              6    Purchase    N    Y      60     N
34698977        8/1/2006           6              6    Purchase    N    N       0     N
35191139        9/1/2007           6              6    Purchase    N    Y      60     N
34718353        9/1/2006           6              6    C/O Refi    N    Y      60     N
4000177356      9/1/2006           6              6    Purchase    N    Y      60     N
4000167793      9/1/2007           6              6    R/T Refi    N    N       0     N
4000176188      9/1/2007           6              6    C/O Refi    N    Y      60     N
34965087      00/00/0000           0              0    C/O Refi    N    N       0     N
4000116977      9/1/2009           6              6    Purchase    N    Y      60     N
4000167185    00/00/0000           0              0    Purchase    N    Y      60     N
35037894        9/1/2006           6              6    Purchase    N    Y      60     N
4000163734      9/1/2006           6              6    C/O Refi    N    N       0     Y
35150408        9/1/2006           6              6    Purchase    N    Y      60     N
4000167757      9/1/2006           6              6    C/O Refi    N    Y      60     Y
34949008        8/1/2009           6              6    C/O Refi    N    Y      60     N
34072645        9/1/2006           6              6    Purchase    N    Y      60     Y
35078575        9/1/2007           6              6    Purchase    N    Y      60     N
35153568        9/1/2007           6              6    Purchase    N    Y      60     N
4000154344      9/1/2006           6              6    Purchase    N    Y      60     N
4000177754      9/1/2006           6              6    Purchase    N    N       0     Y
4000168136    00/00/0000           0              0    R/T Refi    N    N       0     N
4000155340      9/1/2006           6              6    Purchase    N    Y      60     N
34865915        9/1/2007           6              6    Purchase    N    N       0     Y
4000168498    00/00/0000           0              0    C/O Refi    N    N       0     Y
34652149        8/1/2006           6              6    C/O Refi    N    N       0     N
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
                                                          PROPERTY                    ORIGINAL ORIGINATION  FIRST PAY   MATURITY
  LOANID              CITY                 ZIP    STATE     TYPE       OCCUPANCY        TERM      DATE        DATE        DATE
--------------------------------------------------------------------------------------------------------------------------------
<S>           <C>                         <C>       <C>   <C>        <C>                <C>     <C>         <C>         <C>
34239814      TUCSON                      85706     AZ       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34830919      HUDSON                       1749     MA       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
4000152666    MORGAN CITY                 70380     LA       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
35030618      COMPTON                     90221     CA       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
34699355      MIAMI                       33168     FL       SFR     Owner Occupied     360      8/4/2004    9/1/2004   8/1/2034
34080127      LAS VEGAS                   89106     NV       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
34719237      SAN BERNARDINO              92407     CA       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
4000167325    OAKLAND                     94603     CA       SFR     Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
34791368      ARLETA                      91331     CA       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
4000166347    TOLEDO                      43607     OH       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
35026046      TUJUNGA                     91042     CA       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
4000165024    BENICIA                     94510     CA      Condo    Owner Occupied     360     7/19/2004    9/1/2004   8/1/2034
4000171059    VALLEY STREAM               11580     NY       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
34863613      LAURELTON                   11413     NY       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35015874      CHEYENNE                    82001     WY       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35069244      LEXINGTON                   27295     NC       SFR     Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
34856120      DECATUR                     62526     IL       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34645689      MILWAUKEE                   53207     WI       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
35028638      PASADENA                    91101     CA      Condo    Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
35151968      KODAK                       37764     TN       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
34898890      ORLANDO                     32822     FL       SFR        Investor        360      8/6/2004   10/1/2004   9/1/2034
34080481      LAS VEGAS                   89128     NV       SFR     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
4000172535    FOLSOM                      95630     CA       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
34758136      RICHMOND                    23222     VA       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
4000167980    ELGIN                       60123     IL       PUD     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
34524017      BATTLEFIELD                 65619     MO       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35343805      HYATTSVILLE                 20784     MD       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000163004    SALISBURY MILLS             12577     NY       SFR     Owner Occupied     360      8/1/2004   10/1/2004   9/1/2034
34961714      FALLBROOK                   92028     CA       SFR     Owner Occupied     360     7/23/2004    9/1/2004   8/1/2034
35242650      MISSOURI CITY               77459     TX       PUD     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
4000151293    SAN RAMON                   94583     CA       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
35196310      DOWNEY                      90242     CA       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
34378356      CAMDEN                       8105     NJ       SFR     Owner Occupied     360     7/26/2004    9/1/2004   8/1/2034
34862581      E. ELMHURST                 11369     NY       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
4000165102    BEREA                       44017     OH       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
34659409      DES MOINES                  50317     IA       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34381434      LINCOLN PARK                 7035     NJ      Condo    Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
34860338      DOLTON                      60419     IL       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
34992297      SAINT PAUL                  55101     MN       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35149475      SAVANNAH                    31406     GA       PUD     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34378901      ELIZABETH                    7208     NJ       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
35025535      LOS ANGELES                 90272     CA       SFR     Owner Occupied     360     7/22/2004    9/1/2004   8/1/2034
34380667      UNION CITY                   7087     NJ    Units 2-4  Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
35230671      WINTER SPRINGS              32708     FL       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
4000172128    HUNTINGTON                  11743     NY       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34718221      ROMOLAND                    92585     CA       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
35123421      BUFFALO GROVE               60089     IL       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
34979583      MAYFIELD                    42066     KY       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
34959627      CRESCENT CITY               95531     CA       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
34828376      BRIDGEPORT                   6614     CT       SFR     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
4000172828    MERRICK                     11566     NY       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34081224      RENO                        89503     NV       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
4000163014    STERLING HEIGHTS            48310     MI      Condo    Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
4000164776    GARDEN CITY                 48135     MI       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
34659318      LAKE SAINT LOUIS            63367     MO       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35090141      LOVELAND                    45140     OH      Condo    Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35229889      PLANT CITY                  33563     FL       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35363837      SALEM                       84653     UT       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35149665      POWELL                      37849     TN       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
4000168185    MIAMI                       33142     FL    Units 2-4  Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
4000169566    SAN JOSE                    95116     CA       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
34651331      FLORISSANT                  63031     MO       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
34700310      LAKE PARK                   33403     FL       SFR     Owner Occupied     360      8/5/2004    9/1/2004   8/1/2034
34760587      GAITHERSBURG                20877     MD       PUD     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34959684      IRVINE                      92603     CA      Condo    Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
4000169300    YELM                        98597     WA       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
35115351      PFLUGERVILLE                78660     TX       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
34017814      WEST PALM BEACH             33406     FL       PUD     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
35072792      WILMINGTON                  28412     NC       SFR     Owner Occupied     360      8/2/2004    9/1/2004   8/1/2034
35074780      CASTLE HAYNE                28429     NC       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34901892      PENSACOLA                   32506     FL       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
35157072      ROOPVILLE                   30170     GA       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
35086180      MANSFIELD                   44904     OH       SFR     Owner Occupied     180     8/19/2004   10/1/2004   9/1/2019
35069590      LIBERTY                     29657     SC       SFR     Owner Occupied     360      8/3/2004    9/1/2004   8/1/2034
34238550      PEORIA                      85345     AZ       PUD     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
34966606      LEXINGTON                   40517     KY       SFR        Investor        360     8/30/2004   10/1/2004   9/1/2034
34966614      LEXINGTON                   40517     KY       SFR        Investor        360     8/30/2004   10/1/2004   9/1/2034
35136191      MOUNT VERNON                62864     IL       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35402098      JONESBORO                   72401     AR       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35207430      SAN DIEGO                   92103     CA      Condo    Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34377614      RIVERSIDE                    8075     NJ       SFR     Owner Occupied     240     7/29/2004    9/1/2004   8/1/2024
4000165166    ESCONDIDO                   92029     CA      Condo    Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
35156264      HAMPTON                     30228     GA       SFR     Owner Occupied     180     8/19/2004   10/1/2004   9/1/2019
4000152510    HAYWARD                     94542     CA      Condo    Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35078492      CLINTON                     28328     NC       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34883546      WINTER HAVEN                33881     FL       SFR     Owner Occupied     360      7/9/2004    9/1/2004   8/1/2034
34895532      PALM HARBOR                 34684     FL       PUD     Owner Occupied     360     7/26/2004    9/1/2004   8/1/2034
35082445      LEBANON JUNCTION            40150     KY       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
4000171223    NORTH  PROVIDENCE            2904     RI       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
34018226      HALLSVILLE                  75650     TX       SFR     Owner Occupied     360     6/23/2004    8/1/2004   7/1/2034
35158773      ACWORTH                     30101     GA       PUD     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35182054      TORRANCE AREA               90502     CA       SFR     Owner Occupied     360     7/27/2004   10/1/2004   9/1/2034
34833921      PROVIDENCE                   2905     RI    Units 2-4  Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
35245612      BAYTOWN                     77521     TX       PUD     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35143874      MEMPHIS                     38141     TN       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
35128727      SOUTH WHITLEY               46787     IN       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35184050      BAKERSFIELD AREA            93308     CA       SFR     Owner Occupied     360     7/27/2004    9/1/2004   8/1/2034
34962019      AVELLA                      15312     PA       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
35226430      SPRING HILL                 34608     FL       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
35304849      NORTH LAS VEGAS             89081     NV       PUD     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
34866269      SCHENECTADY                 12303     NY    Units 2-4  Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
35145523      MEMPHIS                     38114     TN       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34066134      RENO                        89511     NV       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
35084789      COLUMBUS                    43227     OH       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
33018672      NEW CASTLE                  47362     IN       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034

<CAPTION>
                                                                                      ORIGINAL
                                                                                      COMBAINED
              REMAINING     ORIGINAL   SCHEDULED                       PAID THRU       LOAN TO      OTS
  LOANID        TERM        BALANCE     BALANCE      RATE      P&I        DATE          VALUE   DELINQUENCY INDEX       MARGIN
------------------------------------------------------------------------------------------------------------------------------
<S>              <C>      <C>         <C>           <C>     <C>        <C>              <C>        <C>       <C>        <C>
34239814         359       97,000.00   97,000.00     8.99     726.69   10/1/2004          100      0-29      6ML        6.625
34830919         359      280,000.00  280,000.00    6.375   1,487.50   10/1/2004           80      0-29      6ML          4.5
4000152666       359      107,100.00  107,007.79     6.75     694.65   10/1/2004        79.99      0-29      FIX            0
35030618         359      266,000.00  266,000.00     6.75   1,496.25   10/1/2004           95      0-29      6ML         5.25
34699355         358      134,850.00  134,850.00    6.875     772.58    9/1/2004           87      0-29      6ML         5.25
34080127         359      155,000.00  154,901.16     8.25   1,164.47   10/1/2004        86.11      0-29      6ML          6.5
34719237         359      160,000.00  159,851.80    6.375      998.2   10/1/2004           80      0-29      6ML            5
4000167325       358      248,000.00  248,000.00    5.875   1,214.17    9/1/2004           80      0-29      6ML            4
34791368         359      315,000.00  315,000.00    6.875   1,804.69   10/1/2004           90      0-29      6ML         5.25
4000166347       359       36,000.00   35,977.04     8.25     270.46   10/1/2004           80      0-29      6ML          6.5
35026046         359      314,400.00  314,400.00     6.25   1,637.50   10/1/2004           80      0-29      6ML        3.875
4000165024       358      215,900.00  215,900.00    5.625   1,012.03    9/1/2004        79.99      0-29      6ML        3.375
4000171059       359      352,250.00  351,975.21     7.25   2,402.97   10/1/2004           95      0-29      6ML        5.875
34863613         359      373,500.00  373,193.84        7   2,484.91   10/1/2004           90      0-29      6ML          5.5
35015874         359      126,000.00  125,923.66      8.5     968.84   10/1/2004           90      0-29      6ML         6.75
35069244         358      126,000.00  125,771.56      6.5     796.41   10/1/2004        84.56      0-29      6ML        4.625
34856120         359       33,600.00   33,576.28     7.75     240.72   10/1/2004           80      0-29      6ML        5.875
34645689         359      162,000.00  161,860.52     6.75   1,050.73   10/1/2004           90      0-29      6ML        5.875
35028638         359      190,400.00  190,400.00    6.375   1,011.50   10/1/2004           80      0-29      6ML        3.625
35151968         359      151,300.00  151,212.95     8.75   1,190.28   10/1/2004           85      0-29      FIX            0
34898890         359      116,550.00  116,550.00      7.5     728.44   10/1/2004           90      0-29      6ML         5.25
34080481         358      177,000.00  176,706.09     6.99   1,176.40    9/1/2004        69.14      0-29      6ML            5
4000172535       359      261,600.00  261,600.00     5.75   1,253.50   10/1/2004           80      0-29      6ML        3.375
34758136         359      115,000.00  114,930.32      8.5     884.26   10/1/2004           92      0-29      FIX            0
4000167980       359      225,000.00  225,000.00    8.875   1,664.06   10/1/2004        89.29      0-29      6ML          6.5
34524017         359      118,400.00  118,300.52    6.875     777.81   10/1/2004        83.38      0-29      FIX            0
35343805         359      161,500.00  161,357.50    6.625   1,034.11   10/1/2004           95      0-29      6ML         5.25
4000163004       359      200,000.00  199,800.86    5.999   1,198.97   10/1/2004         67.8      0-29      6ML          3.5
34961714         358      470,000.00  470,000.00     6.25   2,447.92    9/1/2004        61.84      0-29      6ML          4.5
35242650         359      452,000.00  452,000.00    6.375   2,401.25   10/1/2004           80      0-29      6ML         4.75
4000151293       359      682,350.00  682,350.00    5.999   3,411.18   10/1/2004           80      0-29      6ML          3.5
35196310         359      336,000.00  336,000.00     5.75   1,610.00   10/1/2004           80      0-29      6ML        3.875
34378356         358       64,000.00   63,920.16    8.375     486.45   10/1/2004        75.29      0-29      FIX            0
34862581         359      324,000.00  323,782.60        8   2,377.40   10/1/2004           90      0-29      6ML        6.125
4000165102       359      237,500.00  237,340.47    7.999   1,742.67   10/1/2004        91.35      0-29      6ML        6.625
34659409         359      101,450.00  101,374.70      7.5     709.36   10/1/2004        84.97      0-29      6ML          6.5
34381434         359      117,500.00  117,410.59    7.375     811.55   10/1/2004        50.43      0-29      6ML            5
34860338         359      103,500.00  103,430.41     7.99     758.73   10/1/2004        86.25      0-29      6ML            6
34992297         359      127,900.00  127,900.00     6.25     666.15   10/1/2004        79.99      0-29      6ML        4.625
35149475         359      479,750.00  479,237.11    5.625   2,761.72   10/1/2004           95      0-29      6ML            5
34378901         359      248,000.00  247,786.47     6.75   1,608.53   10/1/2004           80      0-29      6ML         4.75
35025535         358      937,300.00  937,300.00     6.75   5,272.31   10/1/2004           65      0-29      6ML        3.625
34380667         359      412,000.00  412,000.00    5.375   1,845.42   10/1/2004           80      0-29      6ML        3.375
35230671         359       95,900.00   95,900.00        7     559.42   10/1/2004        79.98      0-29      6ML         4.75
4000172128       359      357,200.00  356,877.08      6.5   2,257.75   10/1/2004           95      0-29      6ML            5
34718221         359      256,450.00  256,450.00      6.5   1,389.10   10/1/2004           80      0-29      6ML        4.625
35123421         359      228,500.00  228,342.74    7.875   1,656.79   10/1/2004        84.94      0-29      6ML        6.625
34979583         359       50,400.00   50,348.61    5.875     298.14   10/1/2004           70      0-29      6ML          3.5
34959627         359      255,600.00  255,445.15      8.5   1,965.35   10/1/2004           90      0-29      FIX            0
34828376         358      137,700.00  137,477.18    6.875     788.91   10/1/2004           90      0-29      6ML        5.375
4000172828       359      405,000.00  404,691.83    7.375   2,797.23   10/1/2004          100      0-29      6ML            6
34081224         359      213,750.00  213,587.35    7.375   1,476.32   10/1/2004           95      0-29      6ML         6.25
4000163014       359      120,000.00  119,899.19    6.875     788.31   10/1/2004          100      0-29      6ML        5.125
4000164776       359      124,000.00  124,000.00    6.625     684.58   10/1/2004        79.49      0-29      6ML        4.625
34659318         359      560,000.00  559,493.74      6.5   3,539.59   10/1/2004           80      0-29      FIX            0
35090141         359       99,750.00   99,750.00      6.5     540.31   10/1/2004           95      0-29      6ML         4.75
35229889         359      100,000.00   99,943.93    8.875     795.65   10/1/2004          100      0-29      6ML        6.375
35363837         359      129,400.00  129,400.00    8.375      903.1   10/1/2004        84.99      0-29      6ML        6.125
35149665         359       89,600.00   89,514.98     6.25     551.69   10/1/2004           80      0-29      6ML         4.25
4000168185       359      130,000.00  129,879.60    6.375     811.03   10/1/2004        83.87      0-29      6ML        4.125
4000169566       359      520,000.00  520,000.00    6.625   2,870.83   10/1/2004           80      0-29      6ML         4.25
34651331         359      119,000.00  118,878.67    5.875     703.93   10/1/2004        79.87      0-29      6ML            4
34700310         358      153,600.00  153,328.21    6.625     983.52   10/1/2004           80      0-29      6ML        5.125
34760587         359      215,000.00  215,000.00    6.875   1,231.77   10/1/2004        89.58      0-29      6ML          5.5
34959684         359      332,350.00  332,350.00     5.75   1,592.51   10/1/2004        79.99      0-29      6ML          3.5
4000169300       359      178,300.00  178,126.70    6.125   1,083.37   10/1/2004        79.99      0-29      FIX            0
35115351         359      112,000.00  111,932.14      8.5     861.19   10/1/2004           80      0-29      FIX            0
34017814         359       97,600.00   97,527.56      7.5     682.44   10/1/2004           80      0-29      6ML        5.375
35072792         358      136,250.00  136,036.77     7.25     929.47    9/1/2004         87.9      0-29      6ML          5.5
35074780         359       94,000.00   94,000.00      7.5      587.5   10/1/2004        89.52      0-29      6ML        6.125
34901892         359      240,350.00  240,171.62      7.5   1,680.57   10/1/2004           95      0-29      6ML         6.25
35157072         359      102,000.00  101,938.20      8.5      784.3   10/1/2004           85      0-29      6ML          6.5
35086180         179      128,800.00  128,375.68      6.5   1,121.99   10/1/2004           80      0-29      FIX            0
35069590         358       94,150.00   93,970.56     6.25      579.7    9/1/2004        79.96      0-29      6ML          4.5
34238550         359      143,200.00  143,200.00    6.375     760.75   10/1/2004           80      0-29      6ML         3.75
34966606         359       78,600.00   78,600.00      7.5     491.25   10/1/2004        84.97      0-29      6ML            4
34966614         359       76,900.00   76,900.00      7.5     480.63   10/1/2004        84.97      0-29      6ML         4.25
35136191         359       80,000.00   79,943.54     7.75     573.13   10/1/2004        84.21      0-29      FIX            0
35402098         359      119,000.00  118,907.17     7.25     811.79   10/1/2004          100      0-29      FIX            0
35207430         359      484,400.00  484,400.00    6.375   2,573.38   10/1/2004           80      0-29      6ML        3.875
34377614         238      103,100.00  102,708.98    7.125     807.09    9/1/2004        79.98      0-29      FIX            0
4000165166       359      276,000.00  276,000.00    5.875   1,351.25   10/1/2004           80      0-29      6ML            4
35156264         179       40,000.00   39,890.66    8.625     396.84   10/1/2004        33.33      0-29      FIX            0
4000152510       359      284,000.00  284,000.00    5.999   1,419.76   10/1/2004           80      0-29      6ML         4.25
35078492         359      164,500.00  164,365.15        7   1,094.43   10/1/2004          100      0-29      6ML        5.375
34883546         358       74,100.00   74,000.23        8     543.72    9/1/2004           95      0-29      6ML         6.25
34895532         358      137,600.00  137,600.00    6.875     788.33    9/1/2004           80      0-29      6ML         4.74
35082445         359       49,900.00   49,872.74        9     401.51   10/1/2004          100      0-29      6ML            7
4000171223       359      165,000.00  164,854.43    6.625   1,056.51   10/1/2004           75      0-29      6ML        4.125
34018226         357       56,000.00   55,663.05    7.125     377.29    9/1/2004           80      0-29      6ML            5
35158773         359      157,733.00  157,733.00    7.625   1,002.26   10/1/2004           90      0-29      6ML          6.5
35182054         359      300,000.00  300,000.00     5.75   1,437.50   10/1/2004           80      0-29      6ML         3.75
34833921         359      188,000.00  187,803.71     5.75   1,097.12   10/1/2004           80      0-29      6ML        4.375
35245612         359       82,000.00   81,932.65     6.99        545   10/1/2004        78.85      0-29      FIX            0
35143874         359       88,000.00   88,000.00     6.75        495   10/1/2004           80      0-29      6ML          4.5
35128727         359       78,000.00   77,947.66        8     572.34   10/1/2004          100      0-29      6ML        6.625
35184050         358      186,350.00  186,042.99     6.99   1,238.55    9/1/2004        74.99      0-29      6ML            5
34962019         359       34,000.00   33,984.92     9.99     298.13   10/1/2004           85      0-29      FIX            0
35226430         359       68,000.00   68,000.00    8.125     460.42   10/1/2004           80      0-29      6ML         5.25
35304849         359      143,250.00  143,250.00    7.625     910.23   10/1/2004        79.98      0-29      6ML        4.625
34866269         359       72,000.00   71,954.08     8.25     540.92   10/1/2004           80      0-29      FIX            0
35145523         359       56,000.00   55,952.94    6.875     367.89   10/1/2004           80      0-29      6ML            5
34066134         359      260,000.00  260,000.00    7.375   1,597.92   10/1/2004        91.23      0-29      6ML        5.625
35084789         359      110,500.00  110,434.76    8.625     859.46   10/1/2004           85      0-29      6ML         6.75
33018672         359       73,950.00   73,900.38        8     542.62   10/1/2004           85      0-29      6ML            6

<CAPTION>
             INITIAL  PERIODIC                           PREPAYMENT
  LOANID       CAP      CAP       FLOOR    CEILING          TERM                                PREPAYMENT PENALTY
--------------------------------------------------------------------------------------------------------------------------
<S>             <C>      <C>      <C>       <C>              <C>                        <C>
34239814        3        1         8.99      14.99           36                              6 mo.s interest less 20% obal
34830919        3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
4000152666      0        0            0          0           36                              6 mo.s interest less 20% obal
35030618        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
34699355        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
34080127        3        1         8.25      14.25           24                              6 mo.s interest less 20% obal
34719237        3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
4000167325      3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
34791368        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
4000166347      3        1         8.25      14.25           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35026046        3        1         6.25      12.25           36                              6 mo.s interest less 20% obal
4000165024      3        1        5.625     11.625           24                              6 mo.s interest less 20% obal
4000171059      3        1         7.25      13.25            0                                                       None
34863613        3        1            7         13            0                                                       None
35015874        3        1          8.5       14.5           24                              6 mo.s interest less 20% obal
35069244        3        1          6.5       12.5            0                                                       None
34856120        3        1         7.75      13.75           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34645689        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
35028638        3        1        6.375     12.375            0                                                       None
35151968        0        0            0          0           36                              6 mo.s interest less 20% obal
34898890        3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
34080481        3        1         6.99      12.99           24                              6 mo.s interest less 20% obal
4000172535      3        1         5.75      11.75           24                              6 mo.s interest less 20% obal
34758136        0        0            0          0           36                              6 mo.s interest less 20% obal
4000167980      3        1        8.875     14.875           12                              3%/2%/1%-1st yr/2nd yr/3rd yr
34524017        0        0            0          0           36                                                 2% prepaid
35343805        3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
4000163004      3        1        5.999     11.999            0                                                       None
34961714        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
35242650        3        1        6.375     12.375           36                              6 mo.s interest less 20% obal
4000151293      3        1        5.999     11.999           24                              6 mo.s interest less 20% obal
35196310        3        1         5.75      11.75           36                              6 mo.s interest less 20% obal
34378356        0        0            0          0            0                                                       None
34862581        3        1            8         14            0                                                       None
4000165102      3        1        7.999     13.999           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34659409        3        1          7.5       13.5           36                              6 mo.s interest less 20% obal
34381434        3        1        7.375     13.375            0                                                       None
34860338        3        1         7.99      13.99           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34992297        3        1         6.25      12.25           36                         min (2% prepaid, 60 days interest)
35149475        3        1        5.625     11.625            0                                                       None
34378901        3        1         6.75      12.75            0                                                       None
35025535        3        1         6.75      12.75           12                              6 mo.s interest less 20% obal
34380667        3        1        5.375     11.375            0                                                       None
35230671        3        1            7         13           36                              6 mo.s interest less 20% obal
4000172128      3        1          6.5       12.5            0                                                       None
34718221        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
35123421        3        1        7.875     13.875           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34979583        3        1        5.875     11.875           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34959627        0        0            0          0           36                              6 mo.s interest less 20% obal
34828376        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
4000172828      3        1        7.375     13.375            0                                                       None
34081224        3        1        7.375     13.375           24                              6 mo.s interest less 20% obal
4000163014      3        1        6.875     12.875           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000164776      3        1        6.625     12.625           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34659318        0        0            0          0           36                                                 2% prepaid
35090141        3        1          6.5       12.5           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35229889        3        1        8.875     14.875           36                              6 mo.s interest less 20% obal
35363837        3        1        8.375     14.375           24                              6 mo.s interest less 20% obal
35149665        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
4000168185      3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
4000169566      3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
34651331        3        1        5.875     11.875           24                                                 2% prepaid
34700310        3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
34760587        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
34959684        3        1         5.75      11.75           24                              6 mo.s interest less 20% obal
4000169300      0        0            0          0           36                              6 mo.s interest less 20% obal
35115351        0        0            0          0            0                                                       None
34017814        3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
35072792        3        1         7.25      13.25            0                                                       None
35074780        3        1          7.5       13.5            0                                                       None
34901892        3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
35157072        3        1          8.5       14.5            0                                                       None
35086180        0        0            0          0           36                                                 1% prepaid
35069590        3        1         6.25      12.25            0                                                       None
34238550        3        1        6.375     12.375           36                              6 mo.s interest less 20% obal
34966606        3        1          7.5       13.5            0                                                       None
34966614        3        1          7.5       13.5            0                                                       None
35136191        0        0            0          0            0                                                       None
35402098        0        0            0          0           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35207430        3        1        6.375     12.375           36                              6 mo.s interest less 20% obal
34377614        0        0            0          0            0                                                       None
4000165166      3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
35156264        0        0            0          0            0                                                       None
4000152510      3        1        5.999     11.999           36                              6 mo.s interest less 20% obal
35078492        3        1            7         13            0                                                       None
34883546        3        1            8         14           24                              6 mo.s interest less 20% obal
34895532        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
35082445        3        1            9         15           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000171223      3        1        6.625     12.625           12                              6 mo.s interest less 20% obal
34018226        3        1        7.125     13.125            0                                                       None
35158773        3        1        7.625     13.625            0                                                       None
35182054        3        1         5.75      11.75           24                              6 mo.s interest less 20% obal
34833921        3        1         5.75      11.75           24                              6 mo.s interest less 20% obal
35245612        0        0            0          0            0                                                       None
35143874        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
35128727        3        1            8         14           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35184050        3        1         6.99      12.99           24                              6 mo.s interest less 20% obal
34962019        0        0            0          0            0                                                       None
35226430        3        1        8.125     14.125           24                              6 mo.s interest less 20% obal
35304849        3        1        7.625     13.625           12                              6 mo.s interest less 20% obal
34866269        0        0            0          0           12                              6 mo.s interest less 20% obal
35145523        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
34066134        3        1        7.375     13.375           24                              6 mo.s interest less 20% obal
35084789        3        1        8.625     14.625           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
33018672        3        1            8         14           24                              3%/2%/1%-1st yr/2nd yr/3rd yr

<CAPTION>
                                              PAYMENT
              FIRST RATE      RATE RESET       RESET                                  MI
  LOANID      RESET DATE       FREQUENCY     FREQUENCY  PURPOSE   DIV  IO    IOTERM  FLAG
-----------------------------------------------------------------------------------------
<S>           <C>                  <C>            <C>  <C>         <C>  <C>    <C>    <C>
34239814        9/1/2007           6              6    Purchase    N    Y      60     N
34830919        9/1/2006           6              6    C/O Refi    N    Y      60     N
4000152666    00/00/0000           0              0    Purchase    N    N       0     N
35030618        9/1/2006           6              6    Purchase    N    Y      60     N
34699355        8/1/2006           6              6    Purchase    N    Y      60     Y
34080127        9/1/2009           6              6    C/O Refi    N    N       0     N
34719237        9/1/2006           6              6    Purchase    N    N       0     N
4000167325      8/1/2006           6              6    Purchase    N    Y      60     N
34791368        9/1/2006           6              6    C/O Refi    N    Y      60     Y
4000166347      9/1/2006           6              6    C/O Refi    N    N       0     N
35026046        9/1/2009           6              6    Purchase    N    Y      60     N
4000165024      8/1/2006           6              6    Purchase    N    Y      60     N
4000171059      9/1/2007           6              6    Purchase    N    N       0     N
34863613        9/1/2007           6              6    Purchase    N    N       0     Y
35015874        9/1/2006           6              6    Purchase    N    N       0     Y
35069244        8/1/2007           6              6    C/O Refi    N    N       0     Y
34856120        9/1/2006           6              6    Purchase    N    N       0     N
34645689        9/1/2006           6              6    Purchase    N    N       0     Y
35028638        9/1/2006           6              6    Purchase    N    Y      60     N
35151968      00/00/0000           0              0    R/T Refi    N    N       0     Y
34898890        9/1/2009           6              6    Purchase    N    Y      60     Y
34080481        8/1/2006           6              6    C/O Refi    N    N       0     N
4000172535      9/1/2009           6              6    Purchase    N    Y      60     N
34758136      00/00/0000           0              0    C/O Refi    N    N       0     N
4000167980      9/1/2006           6              6    R/T Refi    N    Y      60     N
34524017      00/00/0000           0              0    C/O Refi    N    N       0     Y
35343805        9/1/2006           6              6    C/O Refi    N    N       0     Y
4000163004      9/1/2009           6              6    C/O Refi    N    N       0     N
34961714        8/1/2006           6              6    Purchase    N    Y      60     N
35242650        9/1/2007           6              6    Purchase    N    Y      60     N
4000151293      9/1/2009           6              6    Purchase    N    Y      60     N
35196310        9/1/2007           6              6    Purchase    N    Y      60     N
34378356      00/00/0000           0              0    C/O Refi    N    N       0     N
34862581        9/1/2007           6              6    Purchase    N    N       0     Y
4000165102      9/1/2007           6              6    C/O Refi    N    N       0     Y
34659409        9/1/2007           6              6    C/O Refi    N    N       0     Y
34381434        9/1/2006           6              6    C/O Refi    N    N       0     N
34860338        9/1/2006           6              6    C/O Refi    N    N       0     Y
34992297        9/1/2006           6              6    Purchase    N    Y      60     N
35149475        9/1/2007           6              6    R/T Refi    N    N       0     Y
34378901        9/1/2006           6              6    C/O Refi    N    N       0     N
35025535        8/1/2006           6              6    Purchase    N    Y      60     N
34380667        9/1/2007           6              6    Purchase    N    Y      60     N
35230671        9/1/2009           6              6    Purchase    N    Y      60     N
4000172128      9/1/2007           6              6    Purchase    N    N       0     Y
34718221        9/1/2006           6              6    Purchase    N    Y      60     N
35123421        9/1/2006           6              6    R/T Refi    N    N       0     Y
34979583        9/1/2006           6              6    Purchase    N    N       0     N
34959627      00/00/0000           0              0    C/O Refi    N    N       0     Y
34828376        8/1/2006           6              6    Purchase    N    Y      60     Y
4000172828      9/1/2007           6              6    Purchase    N    N       0     N
34081224        9/1/2006           6              6    Purchase    N    N       0     Y
4000163014      9/1/2006           6              6    R/T Refi    N    N       0     N
4000164776      9/1/2006           6              6    R/T Refi    N    Y      60     N
34659318      00/00/0000           0              0    C/O Refi    N    N       0     N
35090141        9/1/2009           6              6    Purchase    N    Y      60     N
35229889        9/1/2007           6              6    C/O Refi    N    N       0     N
35363837        9/1/2006           6              6    R/T Refi    N    Y      60     N
35149665        9/1/2006           6              6    Purchase    N    N       0     N
4000168185      9/1/2006           6              6    R/T Refi    N    N       0     Y
4000169566      9/1/2006           6              6    C/O Refi    N    Y      60     N
34651331        9/1/2006           6              6    Purchase    N    N       0     N
34700310        8/1/2006           6              6    Purchase    N    N       0     N
34760587        9/1/2006           6              6    C/O Refi    N    Y      60     N
34959684        9/1/2006           6              6    Purchase    N    Y      60     N
4000169300    00/00/0000           0              0    Purchase    N    N       0     N
35115351      00/00/0000           0              0    C/O Refi    N    N       0     N
34017814        9/1/2006           6              6    C/O Refi    N    N       0     N
35072792        8/1/2006           6              6    R/T Refi    N    N       0     Y
35074780        9/1/2007           6              6    C/O Refi    N    Y      60     N
34901892        9/1/2006           6              6    C/O Refi    N    N       0     Y
35157072        9/1/2007           6              6    C/O Refi    N    N       0     Y
35086180      00/00/0000           0              0    C/O Refi    N    N       0     N
35069590        8/1/2006           6              6    Purchase    N    N       0     N
34238550        9/1/2009           6              6    Purchase    N    Y      60     N
34966606        9/1/2006           6              6    C/O Refi    N    Y      60     Y
34966614        9/1/2006           6              6    C/O Refi    N    Y      60     Y
35136191      00/00/0000           0              0    C/O Refi    N    N       0     Y
35402098      00/00/0000           0              0    Purchase    N    N       0     N
35207430        9/1/2009           6              6    Purchase    N    Y      60     N
34377614      00/00/0000           0              0    C/O Refi    N    N       0     N
4000165166      9/1/2006           6              6    Purchase    N    Y      60     N
35156264      00/00/0000           0              0    C/O Refi    N    N       0     N
4000152510      9/1/2006           6              6    Purchase    N    Y      60     N
35078492        9/1/2007           6              6    C/O Refi    N    N       0     N
34883546        8/1/2006           6              6    C/O Refi    N    N       0     Y
34895532        8/1/2006           6              6    C/O Refi    N    Y      60     N
35082445        9/1/2006           6              6    Purchase    N    N       0     N
4000171223      9/1/2006           6              6    R/T Refi    N    N       0     N
34018226        7/1/2007           6              6    C/O Refi    N    N       0     N
35158773        9/1/2007           6              6    Purchase    N    Y      60     N
35182054        9/1/2006           6              6    Purchase    N    Y      60     N
34833921        9/1/2006           6              6    Purchase    N    N       0     N
35245612      00/00/0000           0              0    C/O Refi    N    N       0     N
35143874        9/1/2009           6              6    Purchase    N    Y      60     N
35128727        9/1/2006           6              6    Purchase    N    N       0     N
35184050        8/1/2006           6              6    C/O Refi    N    N       0     N
34962019      00/00/0000           0              0    C/O Refi    N    N       0     N
35226430        9/1/2006           6              6    C/O Refi    N    Y      60     N
35304849        9/1/2009           6              6    Purchase    N    Y      60     N
34866269      00/00/0000           0              0    C/O Refi    N    N       0     N
35145523        9/1/2006           6              6    Purchase    N    N       0     N
34066134        9/1/2006           6              6    C/O Refi    N    Y      60     Y
35084789        9/1/2006           6              6    C/O Refi    N    N       0     Y
33018672        9/1/2006           6              6    C/O Refi    N    N       0     Y
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
                                                          PROPERTY                    ORIGINAL ORIGINATION  FIRST PAY   MATURITY
  LOANID              CITY                 ZIP    STATE     TYPE       OCCUPANCY        TERM      DATE        DATE        DATE
--------------------------------------------------------------------------------------------------------------------------------
<S>           <C>                         <C>       <C>   <C>        <C>                <C>     <C>         <C>         <C>
35206077      CARLSBAD                    92009     CA       PUD     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
34972596      MIDDLETOWN                  45042     OH       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34758276      FREDERICK                   21702     MD       PUD     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
4000169933    ALLEN PARK                  48101     MI       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34658526      SAINT LOUIS                 63135     MO       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34973743      LOUISVILLE                  40215     KY       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
34553156      CARROLLTON                  75007     TX       SFR     Owner Occupied     360     7/27/2004   10/1/2004   9/1/2034
4000165485    DULUTH                      30097     GA       PUD     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
34854091      ROUND LAKE BEACH            60073     IL       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
4000165360    BRONX                       10462     NY    Units 2-4  Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
34868745      WAPPINGERS FALLS            12590     NY      Condo    Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
4000171780    DETROIT                     48224     MI       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
34757245      HAYMARKET                   20169     VA       PUD     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
4000176409    NORFOLK                      2056     MA       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34954511      PALMDALE                    93550     CA       SFR     Owner Occupied     360     7/19/2004    9/1/2004   8/1/2034
4000057276    DAVENPORT                   33837     FL       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
34758771      ANNAPOLIS                   21401     MD       PUD     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34963207      EAST STROUDSBURG            18301     PA       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34236380      SURPRISE                    85379     AZ       PUD     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
35224542      PALM COAST                  32164     FL       PUD     Owner Occupied     360      8/4/2004    9/1/2004   8/1/2034
34740118      SALT LAKE CITY              84118     UT       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
35184654      LAS VEGAS                   89122     NV       PUD     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
35158781      ATHENS                      37303     TN       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34526905      OKLAHOMA CITY               73107     OK       SFR     Owner Occupied     360      8/2/2004    9/1/2004   8/1/2034
35146935      HOSCHTON                    30548     GA       PUD     Owner Occupied     360      8/2/2004    9/1/2004   8/1/2034
4000166028    DURHAM                      27713     NC       PUD     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
4000156782    LOUISA                      23093     VA       PUD     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
35014687      JOHNSTOWN                   80534     CO       PUD     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35113166      CORINTH                     76205     TX       PUD     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
35155415      BLAIRSVILLE                 30512     GA       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000171073    LAUDERDALE LAKES            33311     FL       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34930891      REDMOND                     97756     OR       SFR     Owner Occupied     360     7/19/2004    9/1/2004   8/1/2034
35243328      SPLENDORA                   77372     TX       SFR     Owner Occupied     360      8/6/2004    9/1/2004   8/1/2034
35345859      CAPITOL HEIGHTS             20743     MD       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34973446      MIDDLETOWN                  45044     OH       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
35082494      LOUISVILLE                  40214     KY       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
4000166154    WARREN                      48089     MI       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
35286418      STAFFORD TOWNSHIP            8050     NJ       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000176491    COLUMBUS                    43223     OH       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000171844    LEWISTON                     4240     ME    Units 2-4  Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34940817      BEND                        97702     OR       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
4000175747    CANTON                      44708     OH       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
34825760      SPRINGFIELD                  1108     MA    Units 2-4  Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
35209022      SANTEE                      92071     CA       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
34895391      FORT MYERS                  33907     FL       PUD     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
34971440      CINCINNATI                  45230     OH       SFR     Owner Occupied     360     7/23/2004    9/1/2004   8/1/2034
34963231      BEAVER                      15009     PA       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34920074      STOCKBRIDGE                 30281     GA       SFR     Owner Occupied     360      8/3/2004    9/1/2004   8/1/2034
34981985      FRANKLIN FURNACE            45629     OH       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
4000166750    MEDFORD                      2155     MA       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
34295782      MURRIETA                    92562     CA      Condo    Owner Occupied     360     7/20/2004    9/1/2004   8/1/2034
4000160898    GLADSTONE                   97027     OR       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34860932      PLAINFIELD                  60544     IL       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
34932624      VANCOUVER                   98686     WA       SFR     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
34569418      LOCHBUIE                    80603     CO       PUD     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
34986489      WEST SPRING VALLEY          55975     MN       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
4000169665    PUYALLUP                    98372     WA       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34975656      MILAN                       47031     IN       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34752501      PASADENA                    21122     MD       PUD     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35024066      VICTORVILLE                 92392     CA       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
34956854      HUNTINGTON PARK             90255     CA       SFR     Owner Occupied     360     7/21/2004    9/1/2004   8/1/2034
34866723      SCHENECTADY                 12306     NY       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
35144245      ATOKA                       38004     TN       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34081091      LAS VEGAS                   89121     NV       PUD        Investor        360      8/4/2004   10/1/2004   9/1/2034
34757179      RANDALLSTOWN                21133     MD       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
34864975      SCHROEPPEL                  13135     NY       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
34926915      BATTLE GROUND               98604     WA       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
35078195      HOPE MILLS                  28348     NC       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35102110      ROWLETT                     75089     TX       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
34366583      MONROE                      10950     NY       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
34381384      STEWARTSVILLE                8886     NJ       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
4000165880    SOUTHFIELD                  48076     MI       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
34850776      HAMMOND                     46320     IN       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
34851626      CHICAGO                     60619     IL       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
4000173296    LOWELL                       1852     MA       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35090448      MILFORD                     45150     OH       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
33018490      BRAZIL                      47834     IN       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
4000162796    SAN DIEGO                   92111     CA       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
33018805      INDIANAPOLIS                46237     IN       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
4000125946    STOCKBRIDE                  30236     GA       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
35268812      CORONA                      92881     CA      Condo    Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34377200      PHILADELPHIA                19143     PA       SFR        Investor        360      8/3/2004   10/1/2004   9/1/2034
34998468      NORTHFIELD                  55057     MN       SFR        Investor        360     8/26/2004   10/1/2004   9/1/2034
35190123      CHINO                       91710     CA       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
34989467      TAYLORS FALLS               55084     MN       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
4000172971    ROSEVILLE                   95661     CA       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
35083153      HAMILTON                    45015     OH       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34975920      DILLSBORO                   47018     IN       SFR     Owner Occupied     360      8/5/2004    9/1/2004   8/1/2034
34976084      HAMILTON                    45013     OH       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
4000171194    MIAMI                       33169     FL       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
34927723      SALEM                       97304     OR       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
34716456      CATHEDRAL CITY              92234     CA       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
4000170998    HAMDEN                       6514     CT       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
4000171161    PALMDALE                    93550     CA       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34717694      FONTANA                     92337     CA       SFR     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
4000163397    FRESNO                      93727     CA       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
35108216      IRVING                      75060     TX       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35269307      TEMECULA                    92592     CA       PUD     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34348987      CHULA VISTA                 91913     CA       PUD     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
34574285      EDGEWATER                   80214     CO       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34380337      EAST ORANGE                  7017     NJ    Units 2-4  Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
4000160975    SLIDELL                     70458     LA       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
34653030      HIGH RIDGE                  63049     MO       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
34380931      NEW EGYPT                    8533     NJ       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
34221929      ALBERT LEA                  56007     MN       SFR     Owner Occupied     360      7/8/2004    9/1/2004   8/1/2034

<CAPTION>
                                                                                      ORIGINAL
                                                                                      COMBAINED
              REMAINING     ORIGINAL   SCHEDULED                       PAID THRU       LOAN TO      OTS
  LOANID        TERM        BALANCE     BALANCE      RATE      P&I        DATE          VALUE   DELINQUENCY INDEX       MARGIN
------------------------------------------------------------------------------------------------------------------------------
<S>              <C>      <C>         <C>           <C>     <C>        <C>              <C>        <C>       <C>        <C>
35206077         359      750,000.00  750,000.00    6.375   3,984.38   10/1/2004        79.87      0-29      6ML          3.5
34972596         359      198,000.00  197,867.14        8   1,452.86   10/1/2004           90      0-29      6ML         6.25
34758276         359      165,000.00  165,000.00    6.875     945.31   10/1/2004        84.62      0-29      6ML         5.25
4000169933       359      197,900.00  197,725.39    6.625   1,267.18   10/1/2004          100      0-29      6ML         5.25
34658526         359       84,000.00   84,000.00    6.625     463.75   10/1/2004           80      0-29      6ML         4.75
34973743         359       82,500.00   82,443.22    7.875     598.19   10/1/2004          100      0-29      FIX            0
34553156         359      132,300.00  130,255.46     8.75   1,040.81   10/1/2004           90      0-29      6ML         6.75
4000165485       359      367,150.00  367,150.00    6.125   1,873.99   10/1/2004           95      0-29      6ML         4.75
34854091         359      103,200.00  103,200.00     6.25      537.5   10/1/2004           80      0-29      6ML        4.125
4000165360       359      324,000.00  324,000.00    6.625   1,788.75   10/1/2004           80      0-29      6ML          4.5
34868745         359      170,000.00  169,883.01    7.875   1,232.62   10/1/2004          100      0-29      6ML         6.25
4000171780       359      103,000.00  103,000.00     8.75     751.04   10/1/2004          100      0-29      6ML         6.25
34757245         359      555,000.00  555,000.00    6.875   3,179.69   10/1/2004        77.84      0-29      6ML        4.875
4000176409       359      316,800.00  316,552.87     7.25   2,161.13   10/1/2004           80      0-29      6ML        5.625
34954511         358      192,950.00  192,950.00    7.875   1,266.23    9/1/2004           85      0-29      FIX            0
4000057276       359      143,900.00  143,900.00      6.5     779.46   10/1/2004        79.99      0-29      6ML          4.5
34758771         359      244,000.00  244,000.00     7.75   1,575.83   10/1/2004           80      0-29      FIX            0
34963207         359      133,000.00  132,901.29      7.5     929.96   10/1/2004        79.17      0-29      FIX            0
34236380         359      197,600.00  197,600.00    7.375   1,214.42   10/1/2004           95      0-29      6ML         5.75
35224542         358      136,000.00  136,000.00    6.375      722.5   10/1/2004           80      0-29      6ML         4.25
34740118         359      116,550.00  116,550.00    5.875     570.61   10/1/2004        94.99      0-29      6ML         4.75
35184654         359      230,350.00  230,206.82    8.375   1,750.83   10/1/2004           85      0-29      FIX            0
35158781         359      196,200.00  196,065.65      7.9   1,426.00   10/1/2004           90      0-29      FIX            0
34526905         358       57,800.00   57,741.37    9.375     480.76   10/1/2004           85      0-29      6ML        7.125
35146935         358      127,600.00  127,368.67      6.5     806.52    9/1/2004           80      0-29      6ML        4.625
4000166028       359      200,000.00  200,000.00    7.875   1,312.50   10/1/2004          100      0-29      6ML         5.75
4000156782       359      126,400.00  126,282.93    6.375     788.57   10/1/2004           80      0-29      6ML         4.75
35014687         359      170,304.00  170,304.00    8.375   1,188.58   10/1/2004        89.98      0-29      6ML         6.25
35113166         359      116,000.00  116,000.00        7     676.67   10/1/2004           80      0-29      FIX            0
35155415         359      156,750.00  156,750.00    8.125   1,061.33   10/1/2004           95      0-29      6ML          6.5
4000171073       359      141,600.00  141,600.00     7.25      855.5   10/1/2004           80      0-29      6ML        5.125
34930891         358      119,400.00  119,400.00    6.125     609.44    9/1/2004           80      0-29      6ML            4
35243328         358       64,800.00   64,732.54     9.25      533.1    9/1/2004           90      0-29      6ML          7.5
35345859         359      108,000.00  108,000.00    6.875     618.75   10/1/2004           80      0-29      6ML            5
34973446         359       42,750.00   42,720.58    7.875     309.97   10/1/2004           95      0-29      6ML        6.375
35082494         359      118,700.00  118,700.00     6.75     667.69   10/1/2004        89.82      0-29      6ML        5.125
4000166154       359       73,800.00   73,757.55     8.75     580.58   10/1/2004           90      0-29      6ML         6.75
35286418         359      364,800.00  364,800.00     6.25   1,900.00   10/1/2004           95      0-29      6ML        5.375
4000176491       359      117,000.00  117,000.00    8.125     792.19   10/1/2004           90      0-29      6ML        5.875
4000171844       359      125,000.00  124,922.31    8.375     950.09   10/1/2004          100      0-29      6ML         6.25
34940817         359      146,000.00  146,000.00        7     851.67   10/1/2004           80      0-29      6ML          4.5
4000175747       359      124,500.00  124,407.61      7.5     870.52   10/1/2004          100      0-29      6ML        5.875
34825760         359      155,000.00  154,798.60    8.125   1,150.88   10/1/2004          100      0-29      6ML         6.75
35209022         359      442,000.00  442,000.00    6.875   2,532.29   10/1/2004           85      0-29      6ML         5.25
34895391         358      104,500.00  104,372.93      8.5     803.52    9/1/2004           95      0-29      FIX            0
34971440         358      140,250.00  140,104.00     9.25   1,153.81    9/1/2004           85      0-29      6ML        7.125
34963231         359      177,100.00  176,931.96     6.25   1,090.44   10/1/2004        94.96      0-29      6ML            5
34920074         358       87,120.00   87,120.00        7      508.2    9/1/2004           80      0-29      6ML            5
34981985         359       50,000.00   49,963.81    7.625      353.9   10/1/2004        55.56      0-29      FIX            0
4000166750       359      212,000.00  212,000.00      6.5   1,148.33   10/1/2004        77.09      0-29      6ML         4.25
34295782         358      241,000.00  241,000.00    6.125   1,230.10    9/1/2004        61.01      0-29      6ML            4
4000160898       359      241,300.00  241,300.00    5.875   1,181.36   10/1/2004           95      0-29      6ML         4.75
34860932         359      200,000.00  199,810.23     6.25   1,231.44   10/1/2004           80      0-29      6ML        4.625
34932624         358      149,600.00  149,600.00    6.875     857.08    9/1/2004           80      0-29      6ML         4.75
34569418         359      158,705.00  158,705.00    5.875     776.99   10/1/2004           80      0-29      6ML        4.125
34986489         359       93,150.00   93,092.10    8.375     708.01   10/1/2004        99.73      0-29      FIX            0
4000169665       359      247,420.00  247,420.00    7.375   1,520.60   10/1/2004        89.97      0-29      6ML        5.875
34975656         359      177,750.00  177,624.54     7.75   1,273.43   10/1/2004           90      0-29      6ML         4.75
34752501         359      156,000.00  156,000.00      7.5        975   10/1/2004           80      0-29      6ML        5.875
35024066         359      148,000.00  148,000.00      6.5     801.67   10/1/2004           80      0-29      6ML        4.375
34956854         358      187,000.00  186,677.09     6.75   1,212.88    9/1/2004        61.11      0-29      FIX            0
34866723         359       91,300.00   91,247.47     8.75     718.26   10/1/2004          100      0-29      6ML        5.875
35144245         359       71,200.00   71,151.00    7.875     516.25   10/1/2004           80      0-29      FIX            0
34081091         359      137,950.00  137,857.25     7.99   1,011.27   10/1/2004        66.97      0-29      6ML         4.25
34757179         359      130,400.00  130,400.00    7.125     774.25   10/1/2004           80      0-29      6ML            5
34864975         359      140,000.00  140,000.00        8     933.33   10/1/2004        89.86      0-29      6ML         6.75
34926915         359      121,900.00  121,900.00     6.75     685.69   10/1/2004        79.99      0-29      6ML         4.75
35078195         359       68,000.00   68,000.00      7.5        425   10/1/2004           80      0-29      FIX            0
35102110         359       96,800.00   96,726.34    7.375     668.58   10/1/2004        75.63      0-29      FIX            0
34366583         359      571,450.00  571,450.00     7.75   3,690.61   10/1/2004           75      0-29      6ML        5.625
34381384         359      279,200.00  278,982.19     7.25   1,904.64   10/1/2004           80      0-29      6ML        5.375
4000165880       359      187,000.00  186,886.71      8.5   1,437.87   10/1/2004        79.57      0-29      FIX            0
34850776         359       58,750.00   58,710.58        8     431.09   10/1/2004        89.97      0-29      6ML            6
34851626         359       85,500.00   85,434.94    7.375     590.53   10/1/2004           95      0-29      6ML         5.75
4000173296       359      229,800.00  229,510.50        7   1,528.87   10/1/2004           95      0-29      6ML        5.875
35090448         359      140,000.00  139,893.47    7.375     966.95   10/1/2004          100      0-29      FIX            0
33018490         359       49,900.00   49,870.54    8.625     388.12   10/1/2004          100      0-29      FIX            0
4000162796       359      373,750.00  373,340.91      5.5   2,122.11   11/1/2004           65      0-29      6ML        3.875
33018805         359      121,900.00  121,811.76    7.625     862.81   10/1/2004          100      0-29      FIX            0
4000125946       359      104,400.00  104,400.00      7.5      652.5   10/1/2004           90      0-29      6ML        6.125
35268812         359      196,000.00  196,000.00    6.125   1,000.42   10/1/2004           80      0-29      6ML            4
34377200         359       42,800.00   42,768.23      7.5     299.27   10/1/2004           80      0-29      6ML        5.125
34998468         359      111,350.00  111,267.54    7.625     788.13   10/1/2004           85      0-29      6ML         4.75
35190123         359      278,000.00  278,000.00    6.375   1,476.88   10/1/2004        74.13      0-29      6ML         4.25
34989467         359      147,900.00  147,900.00    6.375     785.72   10/1/2004        79.99      0-29      6ML        4.625
4000172971       359      241,600.00  241,600.00    5.875   1,182.83   10/1/2004           80      0-29      6ML            4
35083153         359      130,000.00  129,901.08    7.375     897.88   10/1/2004          100      0-29      FIX            0
34975920         358       63,200.00   63,076.83    6.125     384.01   10/1/2004           80      0-29      6ML        4.375
34976084         359       60,000.00   59,952.01    7.125     404.24   10/1/2004        65.22      0-29      6ML        4.375
4000171194       359      106,250.00  106,171.14      7.5     742.92   10/1/2004           85      0-29      6ML        5.875
34927723         359      182,300.00  182,300.00    5.375     816.55   10/1/2004        79.99      0-29      6ML         4.25
34716456         359      105,000.00  104,925.89     7.75     752.24   10/1/2004           75      0-29      6ML        4.875
4000170998       359      168,000.00  168,000.00    7.875   1,102.50   10/1/2004           80      0-29      6ML          5.5
4000171161       359      230,000.00  230,000.00    6.999   1,341.48   10/1/2004          100      0-29      6ML        5.125
34717694         358      236,000.00  236,000.00        6   1,180.00    9/1/2004           80      0-29      6ML        4.125
4000163397       359      554,850.00  554,850.00    6.125   2,832.05   10/1/2004           80      0-29      6ML         4.25
35108216         359       83,900.00   83,827.76     6.75     544.18   10/1/2004        79.98      0-29      6ML        4.875
35269307         359      460,750.00  460,333.47      6.5   2,912.26   10/1/2004           95      0-29      6ML         6.25
34348987         359      634,850.00  634,850.00    6.375   3,372.64   10/1/2004           80      0-29      6ML        3.875
34574285         359      192,000.00  191,830.60    6.625   1,229.40   10/1/2004         76.8      0-29      6ML            5
34380337         359      191,250.00  191,108.06      7.5   1,337.25   10/1/2004           85      0-29      6ML         6.25
4000160975       359      134,400.00  134,400.00    4.875        546   10/1/2004           80      0-29      6ML            4
34653030         359      148,750.00  148,636.81    7.375   1,027.38   10/1/2004           85      0-29      6ML         5.25
34380931         359      190,000.00  189,832.36    6.625   1,216.60   10/1/2004         47.5      0-29      6ML        4.625
34221929         358       88,000.00   87,803.87     7.75     630.45   10/1/2004           80      0-29      6ML          5.5

<CAPTION>
             INITIAL  PERIODIC                           PREPAYMENT
  LOANID       CAP      CAP       FLOOR    CEILING          TERM                                PREPAYMENT PENALTY
--------------------------------------------------------------------------------------------------------------------------
<S>             <C>      <C>      <C>       <C>              <C>                        <C>
35206077        3        1        6.375     12.375           36                              6 mo.s interest less 20% obal
34972596        3        1            8         14           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34758276        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
4000169933      3        1        6.625     12.625           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34658526        3        1        6.625     12.625           24                                                 2% prepaid
34973743        0        0            0          0           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34553156        3        1         8.75      14.75           36                              6 mo.s interest less 20% obal
4000165485      3        1        6.125     12.125            0                                                       None
34854091        3        1         6.25      12.25           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000165360      3        1        6.625     12.625            0                                                       None
34868745        3        1        7.875     13.875            0                                                       None
4000171780      3        1         8.75      14.75           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34757245        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
4000176409      3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
34954511        0        0            0          0           36                              6 mo.s interest less 20% obal
4000057276      3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
34758771        0        0            0          0            0                                                       None
34963207        0        0            0          0           36                              6 mo.s interest less 20% obal
34236380        3        1        7.375     13.375           24                              6 mo.s interest less 20% obal
35224542        3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
34740118        1        1        5.875     11.875           36                              6 mo.s interest less 20% obal
35184654        0        0            0          0           36                              6 mo.s interest less 20% obal
35158781        0        0            0          0           36                              6 mo.s interest less 20% obal
34526905        3        1        9.375     15.375           24                              6 mo.s interest less 20% obal
35146935        3        1          6.5       12.5            0                                                       None
4000166028      3        1        7.875     13.875            0                                                       None
4000156782      3        1        6.375     12.375           36                              6 mo.s interest less 20% obal
35014687        3        1        8.375     14.375           12                              6 mo.s interest less 20% obal
35113166        0        0            0          0           36                              6 mo.s interest less 20% obal
35155415        3        1        8.125     14.125            0                                                       None
4000171073      3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
34930891        3        1        6.125     12.125           36                              6 mo.s interest less 20% obal
35243328        3        1         9.25      15.25           24                              6 mo.s interest less 20% obal
35345859        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
34973446        3        1        7.875     13.875           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35082494        3        1         6.75      12.75           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000166154      3        1         8.75      14.75           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35286418        3        1         6.25      12.25            0                                                       None
4000176491      3        1        8.125     14.125           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000171844      3        1        8.375     14.375            0                                                       None
34940817        3        1            7         13           24                              6 mo.s interest less 20% obal
4000175747      3        1          7.5       13.5           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34825760        3        1        8.125     14.125           24                              6 mo.s interest less 20% obal
35209022        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
34895391        0        0            0          0           24                              6 mo.s interest less 20% obal
34971440        3        1         9.25      15.25           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34963231        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
34920074        3        1            7         13            0                                                       None
34981985        0        0            0          0           36                                                 1% prepaid
4000166750      3        1          6.5       12.5           12                              6 mo.s interest less 20% obal
34295782        3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
4000160898      3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
34860932        3        1         6.25      12.25           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34932624        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
34569418        3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
34986489        0        0            0          0           36                         min (2% prepaid, 60 days interest)
4000169665      3        1        7.375     13.375           24                              6 mo.s interest less 20% obal
34975656        3        1         7.75      13.75           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34752501        3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
35024066        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
34956854        0        0            0          0           36                              6 mo.s interest less 20% obal
34866723        3        1         8.75      14.75            0                                                       None
35144245        0        0            0          0           36                              6 mo.s interest less 20% obal
34081091        3        1         7.99      13.99           24                              6 mo.s interest less 20% obal
34757179        3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
34864975        1        1            8         14            0                                                       None
34926915        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
35078195        0        0            0          0            0                                                       None
35102110        0        0            0          0           36                              6 mo.s interest less 20% obal
34366583        3        1         7.75      13.75            0                                                       None
34381384        3        1         7.25      13.25            0                                                       None
4000165880      0        0            0          0           36                                                 1% prepaid
34850776        3        1            8         14           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34851626        3        1        7.375     13.375           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000173296      3        1            7         13           24                              6 mo.s interest less 20% obal
35090448        0        0            0          0           36                                                 1% prepaid
33018490        0        0            0          0           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000162796      3        1          5.5       11.5           36                              6 mo.s interest less 20% obal
33018805        0        0            0          0           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000125946      3        1          7.5       13.5            0                                                       None
35268812        3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
34377200        3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
34998468        3        1        7.625     13.625           36                         min (2% prepaid, 60 days interest)
35190123        3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
34989467        3        1        6.375     12.375           36                         min (2% prepaid, 60 days interest)
4000172971      3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
35083153        0        0            0          0           36                                                 1% prepaid
34975920        3        1        6.125     12.125           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34976084        3        1        7.125     13.125           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000171194      3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
34927723        3        1        5.375     11.375           36                              6 mo.s interest less 20% obal
34716456        3        1         7.75      13.75           24                              6 mo.s interest less 20% obal
4000170998      3        1        7.875     13.875           24                              6 mo.s interest less 20% obal
4000171161      3        1        6.999     12.999           24                              6 mo.s interest less 20% obal
34717694        3        1            6         12           24                              6 mo.s interest less 20% obal
4000163397      3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
35108216        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
35269307        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
34348987        3        1        6.375     12.375            0                                                       None
34574285        3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
34380337        3        1          7.5       13.5            0                                                       None
4000160975      3        1        4.875     10.875           48                              6 mo.s interest less 20% obal
34653030        3        1        7.375     13.375           24                                                 2% prepaid
34380931        3        1        6.625     12.625            0                                                       None
34221929        3        1         7.75      13.75           36                         min (2% prepaid, 60 days interest)

<CAPTION>
                                              PAYMENT
              FIRST RATE      RATE RESET       RESET                                  MI
  LOANID      RESET DATE       FREQUENCY     FREQUENCY  PURPOSE   DIV  IO    IOTERM  FLAG
-----------------------------------------------------------------------------------------
<S>           <C>                  <C>            <C>  <C>         <C>  <C>    <C>    <C>
35206077        9/1/2009           6              6    Purchase    N    Y      60     N
34972596        9/1/2006           6              6    C/O Refi    N    N       0     N
34758276        9/1/2006           6              6    C/O Refi    N    Y      60     Y
4000169933      9/1/2006           6              6    Purchase    N    N       0     N
34658526        9/1/2006           6              6    Purchase    N    Y      60     N
34973743      00/00/0000           0              0    Purchase    N    N       0     Y
34553156        9/1/2007           6              6    R/T Refi    N    N       0     Y
4000165485      9/1/2009           6              6    Purchase    N    Y      60     Y
34854091        9/1/2006           6              6    Purchase    N    Y      60     N
4000165360      9/1/2006           6              6    C/O Refi    N    Y      60     N
34868745        9/1/2007           6              6    Purchase    N    N       0     N
4000171780      9/1/2006           6              6    C/O Refi    N    Y      60     N
34757245        9/1/2006           6              6    C/O Refi    N    Y      60     N
4000176409      9/1/2006           6              6    Purchase    N    N       0     N
34954511      00/00/0000           0              0    Purchase    N    Y      60     N
4000057276      9/1/2006           6              6    Purchase    N    Y      60     N
34758771      00/00/0000           0              0    C/O Refi    N    Y      60     N
34963207      00/00/0000           0              0    R/T Refi    N    N       0     N
34236380        9/1/2006           6              6    C/O Refi    N    Y      60     Y
35224542        8/1/2006           6              6    Purchase    N    Y      60     N
34740118        3/1/2005           6              6    Purchase    N    Y      60     Y
35184654      00/00/0000           0              0    C/O Refi    N    N       0     N
35158781      00/00/0000           0              0    C/O Refi    N    N       0     Y
34526905        8/1/2006           6              6    C/O Refi    N    N       0     N
35146935        8/1/2007           6              6    Purchase    N    N       0     N
4000166028      9/1/2006           6              6    C/O Refi    N    Y      60     N
4000156782      9/1/2007           6              6    Purchase    N    N       0     N
35014687        9/1/2006           6              6    Purchase    N    Y      60     N
35113166      00/00/0000           0              0    Purchase    N    Y      60     N
35155415        9/1/2007           6              6    C/O Refi    N    Y      60     N
4000171073      9/1/2006           6              6    Purchase    N    Y      60     N
34930891        8/1/2007           6              6    Purchase    N    Y      60     N
35243328        8/1/2006           6              6    Purchase    N    N       0     Y
35345859        9/1/2006           6              6    Purchase    N    Y      60     N
34973446        9/1/2006           6              6    Purchase    N    N       0     N
35082494        9/1/2006           6              6    Purchase    N    Y      60     Y
4000166154      9/1/2006           6              6    C/O Refi    N    N       0     Y
35286418        9/1/2006           6              6    Purchase    N    Y      60     Y
4000176491      9/1/2006           6              6    C/O Refi    N    Y      60     N
4000171844      9/1/2006           6              6    Purchase    N    N       0     N
34940817        9/1/2009           6              6    Purchase    N    Y      60     N
4000175747      9/1/2006           6              6    Purchase    N    N       0     N
34825760        9/1/2006           6              6    Purchase    N    N       0     Y
35209022        9/1/2006           6              6    C/O Refi    N    Y      60     Y
34895391      00/00/0000           0              0    C/O Refi    N    N       0     Y
34971440        8/1/2006           6              6    R/T Refi    N    N       0     Y
34963231        9/1/2006           6              6    Purchase    N    N       0     Y
34920074        8/1/2007           6              6    Purchase    N    Y      60     N
34981985      00/00/0000           0              0    C/O Refi    N    N       0     N
4000166750      9/1/2006           6              6    Purchase    N    Y      60     N
34295782        8/1/2006           6              6    R/T Refi    N    Y      60     N
4000160898      9/1/2006           6              6    C/O Refi    N    Y      60     Y
34860932        9/1/2007           6              6    C/O Refi    N    N       0     N
34932624        8/1/2006           6              6    Purchase    N    Y      60     N
34569418        9/1/2006           6              6    Purchase    N    Y      60     N
34986489      00/00/0000           0              0    Purchase    N    N       0     N
4000169665      9/1/2006           6              6    C/O Refi    N    Y      60     Y
34975656        9/1/2006           6              6    Purchase    N    N       0     Y
34752501        9/1/2006           6              6    Purchase    N    Y      60     N
35024066        9/1/2006           6              6    Purchase    N    Y      60     N
34956854      00/00/0000           0              0    C/O Refi    N    N       0     N
34866723        9/1/2007           6              6    Purchase    N    N       0     N
35144245      00/00/0000           0              0    Purchase    N    N       0     N
34081091        9/1/2006           6              6    C/O Refi    N    N       0     N
34757179        9/1/2006           6              6    Purchase    N    Y      60     N
34864975        3/1/2005           6              6    C/O Refi    N    Y      60     N
34926915        9/1/2006           6              6    Purchase    N    Y      60     N
35078195      00/00/0000           0              0    Purchase    N    Y      60     N
35102110      00/00/0000           0              0    Purchase    N    N       0     N
34366583        9/1/2006           6              6    Purchase    N    Y      60     N
34381384        9/1/2006           6              6    C/O Refi    N    N       0     N
4000165880    00/00/0000           0              0    Purchase    N    N       0     N
34850776        9/1/2006           6              6    C/O Refi    N    N       0     Y
34851626        9/1/2007           6              6    C/O Refi    N    N       0     N
4000173296      9/1/2006           6              6    Purchase    N    N       0     Y
35090448      00/00/0000           0              0    C/O Refi    N    N       0     N
33018490      00/00/0000           0              0    Purchase    N    N       0     N
4000162796      9/1/2006           6              6    R/T Refi    N    N       0     N
33018805      00/00/0000           0              0    Purchase    N    N       0     N
4000125946      9/1/2006           6              6    Purchase    N    Y      60     N
35268812        9/1/2006           6              6    Purchase    N    Y      60     N
34377200        9/1/2006           6              6    Purchase    N    N       0     N
34998468        9/1/2006           6              6    Purchase    N    N       0     Y
35190123        9/1/2006           6              6    Purchase    N    Y      60     N
34989467        9/1/2006           6              6    Purchase    N    Y      60     N
4000172971      9/1/2006           6              6    Purchase    N    Y      60     N
35083153      00/00/0000           0              0    C/O Refi    N    N       0     N
34975920        8/1/2006           6              6    Purchase    N    N       0     N
34976084        9/1/2006           6              6    C/O Refi    N    N       0     N
4000171194      9/1/2006           6              6    C/O Refi    N    N       0     Y
34927723        9/1/2007           6              6    Purchase    N    Y      60     N
34716456        9/1/2006           6              6    C/O Refi    N    N       0     N
4000170998      9/1/2006           6              6    C/O Refi    N    Y      60     N
4000171161      9/1/2006           6              6    Purchase    N    Y      60     N
34717694        8/1/2006           6              6    Purchase    N    Y      60     N
4000163397      9/1/2006           6              6    Purchase    N    Y      60     N
35108216        9/1/2006           6              6    Purchase    N    N       0     N
35269307        9/1/2006           6              6    Purchase    N    N       0     Y
34348987        9/1/2006           6              6    Purchase    N    Y      60     N
34574285        9/1/2006           6              6    C/O Refi    N    N       0     N
34380337        9/1/2006           6              6    C/O Refi    N    N       0     Y
4000160975      9/1/2007           6              6    Purchase    N    Y      60     N
34653030        9/1/2006           6              6    C/O Refi    N    N       0     Y
34380931        9/1/2007           6              6    C/O Refi    N    N       0     N
34221929        8/1/2006           6              6    C/O Refi    N    N       0     N
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
                                                          PROPERTY                    ORIGINAL ORIGINATION  FIRST PAY   MATURITY
  LOANID              CITY                 ZIP    STATE     TYPE       OCCUPANCY        TERM      DATE        DATE        DATE
--------------------------------------------------------------------------------------------------------------------------------
<S>           <C>                         <C>       <C>   <C>        <C>                <C>     <C>         <C>         <C>
34861880      PLAINFIELD                  60544     IL       SFR     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
35323500      HUBBARD                     97032     OR       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34734905      CLEARFIELD                  84015     UT       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
34884684      BOCA RATON                  33428     FL       PUD     Owner Occupied     360     6/25/2004    8/1/2004   7/1/2034
35075480      GRAHAM                      27253     NC       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000170141    COLDWATER                   49036     MI       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
4000172914    VISALIA                     93292     CA       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
35028802      LA PUENTE                   91744     CA       SFR     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
4000174386    HIALEAH                     33012     FL       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
4000166996    FRESNO                      93726     CA      Condo    Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35263219      MORENO VALLEY               92557     CA       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
34963736      BUTLER                      16001     PA       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34355248      COLTON                      92324     CA       PUD     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34239970      PHOENIX                     85032     AZ       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
4000170467    PALMDALE                    93551     CA       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
4000171925    LA CROSSE                   54601     WI       SFR       Second Home      360     8/30/2004   10/1/2004   9/1/2034
34748186      DUNDALK                     21222     MD       SFR     Owner Occupied     360      7/8/2004    9/1/2004   8/1/2034
4000173305    ROCHESTER                   48306     MI       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
35342823      MANASSAS PARK               20111     VA       PUD     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34240556      PHOENIX                     85027     AZ       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
34526061      KANSAS CITY                 64128     MO       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34651059      DETROIT                     48227     MI       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
4000165171    WATERFORD                   48328     MI       SFR     Owner Occupied     360     7/27/2004   10/1/2004   9/1/2034
35147412      SMYRNA                      37167     TN       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
4000169384    PONTIAC                     48341     MI       SFR     Owner Occupied     180     8/21/2004   10/1/2004   9/1/2019
4000168844    LONGVIEW                    75605     TX       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35080522      MATTHEWS                    28105     NC       PUD     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34937508      VANCOUVER                   98682     WA       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
35226422      DEBARY                      32713     FL       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
35246024      KATY                        77449     TX       PUD     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
34546390      CANYON                      79015     TX       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34897926      WESLEY CHAPEL               33544     FL       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
4000170713    GRAND BLANC                 48439     MI      Condo    Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
34865394      ROCHESTER                   14615     NY       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
34928606      BATTLE GROUND               98604     WA       SFR     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
33421157      FONTANA                     92336     CA       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
33455585      SPARROWS POINT              21219     MD       SFR     Owner Occupied     360     5/12/2004    7/1/2004   6/1/2034
35246685      SAN ANTONIO                 78250     TX       PUD     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34973248      FORT WAYNE                  46825     IN       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34833319      OLD LYME                     6371     CT       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
34888784      WINTER SPRINGS              32708     FL       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
35188614      LAGUNA NIGUEL               92677     CA       PUD     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
35159169      HIRAM                       30141     GA       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
35151778      CANTON                      30114     GA       PUD     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35189943      BREA                        92821     CA       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
35245414      HUMBLE                      77396     TX       PUD     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
34948406      PLUMAS LAKE                 95961     CA       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
34942706      ELK GROVE                   95757     CA       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
4000151255    WALNUT CREEK                94597     CA      Condo    Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
33015942      INDIANAPOLIS                46229     IN       SFR     Owner Occupied     360     7/27/2004   10/1/2004   9/1/2034
35154566      GROVETOWN                   30813     GA       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34963397      PITTSBURGH                  15216     PA       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
35068105      ZEBULON                     27597     NC       PUD     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
34657908      SAINT LOUIS                 63121     MO       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
35075324      CHARLOTTE                   28213     NC       PUD     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
35034628      ARCADIA                     91007     CA       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
4000173943    SALINAS                     93906     CA       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
34101485      VALENCIA                    91354     CA       PUD     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
4000168166    HIALEAH                     33010     FL      Condo    Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
4000168255    LOS ANGELES AREA            90001     CA       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
35287176      WINSLOW TOWNSHIP             8081     NJ       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34801712      STOCKTON                    95205     CA       SFR     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
34856013      BERWYN                      60402     IL       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
35125285      CARY                        60013     IL      Condo    Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
35010529      NORTHGLENN                  80233     CO       PUD     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
33955154      CHULA VISTA                 91913     CA      Condo    Owner Occupied     360      7/9/2004    9/1/2004   8/1/2034
33731860      SAN MARCOS                  92078     CA      Condo    Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
4000166078    SAINT CLAIR SHORES          48080     MI       SFR        Investor        360      8/9/2004   10/1/2004   9/1/2034
35231224      GROVELAND                   34736     FL       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000176762    DOWNEY                      90240     CA       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34376913      ELIZABETH                    7208     NJ       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
35148121      COVINGTON                   30016     GA       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
35069152      MYRTLE BEACH                29588     SC       PUD     Owner Occupied     360      8/4/2004    9/1/2004   8/1/2034
34754580      OWINGS MILL                 21117     MD       SFR     Owner Occupied     360     7/27/2004    9/1/2004   8/1/2034
4000158057    MURRIETA                    92562     CA       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
4000166632    QUINCY                       2169     MA    Units 2-4  Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
33524380      OBETZ                       43207     OH       SFR     Owner Occupied     360      8/2/2004    9/1/2004   8/1/2034
4000171817    PUYALLUP                    98372     WA       PUD     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
35246560      HOUSTON                     77024     TX       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35104553      MCALLEN                     78501     TX       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
35129790      CHICAGO                     60827     IL       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34337121      MISSION VIEJO               92691     CA       PUD     Owner Occupied     360     5/18/2004    7/1/2004   6/1/2034
35127307      CORUNNA                     46730     IN       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
35026525      DUARTE                      91010     CA      Condo    Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
35244102      HOUSTON                     77051     TX       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35343730      HOLLYWOOD                   20636     MD       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35223262      ST PETERSBURG               33714     FL       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
4000165428    RENO                        89523     NV       SFR       Second Home      360     7/29/2004   10/1/2004   9/1/2034
34281279      LIVINGSTON                  77351     TX       SFR       Second Home      360      8/6/2004   10/1/2004   9/1/2034
34717066      VICTORVILLE                 92392     CA       SFR     Owner Occupied     360     7/21/2004    9/1/2004   8/1/2034
35013598      GRAND JUNCTION              81505     CO       PUD     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
4000169332    LONG BEACH                  11561     NY       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
4000168014    NORWELL                      2061     MA       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
4000163965    FLUSHING                    48433     MI       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
35146125      CANTON                      30115     GA       PUD     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
34020958      KATY                        77450     TX       PUD     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
4000162698    MINNEAPOLIS                 55408     MN       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34644773      WARREN                      61087     IL       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
34016840      ALVIN                       77511     TX       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
4000166651    KENT                        44240     OH      Condo    Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
35027184      LAVEEN                      85339     AZ       PUD     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
35203702      OCEANSIDE                   92057     CA       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
4000166682    MARLBOROUGH                  1752     MA       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
4000174892    NORFOLK                     23509     VA    Units 2-4  Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
4000120804    PORT RICHEY                 34668     FL       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034

<CAPTION>
                                                                                      ORIGINAL
                                                                                      COMBAINED
              REMAINING     ORIGINAL   SCHEDULED                       PAID THRU       LOAN TO      OTS
  LOANID        TERM        BALANCE     BALANCE      RATE      P&I        DATE          VALUE   DELINQUENCY INDEX       MARGIN
------------------------------------------------------------------------------------------------------------------------------
<S>              <C>      <C>         <C>           <C>     <C>        <C>              <C>        <C>       <C>        <C>
34861880         359      161,200.00  161,200.00        6        806   10/1/2004           80      0-29      6ML        3.625
35323500         359      148,750.00  148,750.00     5.75     712.76   10/1/2004        79.98      0-29      6ML        3.375
34734905         359      108,000.00  108,000.00      9.5        855   10/1/2004           90      0-29      6ML         7.25
34884684         357      209,000.00  209,000.00    7.125   1,240.94    9/1/2004           95      0-29      6ML        5.375
35075480         359       98,000.00   97,921.63    7.125     660.25   10/1/2004        83.76      0-29      6ML          5.5
4000170141       359       85,000.00   84,949.82    8.625     661.12   10/1/2004           85      0-29      6ML            7
4000172914       359      156,950.00  156,830.58    7.375   1,084.01   10/1/2004        99.97      0-29      6ML          5.5
35028802         358      251,200.00  250,686.51    5.875   1,485.95    9/1/2004           80      0-29      6ML         4.25
4000174386       359      216,000.00  216,000.00    7.375   1,327.50   10/1/2004           80      0-29      6ML        5.625
4000166996       359       90,000.00   90,000.00      8.5      637.5   10/1/2004          100      0-29      6ML        6.375
35263219         359      225,000.00  224,806.28     6.75   1,459.35   10/1/2004        69.88      0-29      FIX            0
34963736         359      130,000.00  129,882.48      6.5     821.69   10/1/2004          100      0-29      6ML        5.125
34355248         359      213,600.00  213,600.00    6.125   1,090.25   10/1/2004           80      0-29      6ML         4.25
34239970         359      132,800.00  132,800.00    8.375     926.83   10/1/2004           80      0-29      6ML            6
4000170467       359      340,000.00  340,000.00     5.75   1,629.17   10/1/2004           80      0-29      6ML        3.625
4000171925       359      104,400.00  104,400.00     6.75     587.25   10/1/2004           95      0-29      6ML        4.875
34748186         358      113,050.00  112,908.95    8.375     859.27    9/1/2004           85      0-29      6ML        5.875
4000173305       359      497,300.00  497,300.00     6.25   2,590.10   10/1/2004           95      0-29      6ML            5
35342823         359      176,000.00  176,000.00     6.75        990   10/1/2004           80      0-29      6ML          4.5
34240556         359      115,600.00  115,600.00    6.125     590.04   10/1/2004           80      0-29      6ML          4.5
34526061         359       55,000.00   54,969.16    8.875     437.61   10/1/2004          100      0-29      6ML        6.875
34651059         359       68,500.00   68,411.59    8.875     545.02   10/1/2004        73.66      0-29      6ML         6.25
4000165171       359      138,400.00  138,400.00        7     807.33   10/1/2004           80      0-29      6ML            5
35147412         359      137,592.00  137,592.00    6.875     788.29   10/1/2004           80      0-29      6ML        4.875
4000169384       179       91,000.00   90,706.61     6.75     805.27   10/1/2004           65      0-29      FIX            0
4000168844       359       92,000.00   92,000.00    6.999     536.59   10/1/2004           80      0-29      6ML          4.5
35080522         359      122,000.00  121,904.82     7.25     832.26   10/1/2004          100      0-29      FIX            0
34937508         359      150,100.00  149,976.71     6.99     997.62   10/1/2004           95      0-29      6ML          5.5
35226422         359       77,250.00   77,206.69    8.875     614.64   10/1/2004           75      0-29      6ML          6.5
35246024         359       56,000.00   55,962.35     7.99     410.52   10/1/2004          100      0-29      6ML        5.125
34546390         359       74,700.00   74,634.09    6.625     478.32   10/1/2004        89.03      0-29      6ML         5.25
34897926         359      140,400.00  140,308.15    8.125   1,042.47   10/1/2004           90      0-29      6ML        6.375
4000170713       359      156,750.00  156,750.00    7.625     996.02   10/1/2004           95      0-29      6ML         5.75
34865394         359       50,900.00   50,876.87    9.875     441.99   10/1/2004          100      0-29      6ML         6.75
34928606         358      125,000.00  124,794.08     6.99     830.79    9/1/2004        46.82      0-29      6ML        4.625
33421157         359      331,300.00  331,300.00    6.625   1,829.05   10/1/2004           80      0-29      6ML         4.75
33455585         356      201,600.00  201,067.10    8.125   1,496.88    9/1/2004           90      0-29      6ML        6.875
35246685         359       76,000.00   75,932.94    6.625     486.64   10/1/2004           80      0-29      6ML          4.5
34973248         359       85,000.00   84,947.08      8.5     653.58   10/1/2004          100      0-29      6ML        6.375
34833319         359      212,000.00  212,000.00    6.375   1,126.25   10/1/2004           80      0-29      6ML        4.375
34888784         359      106,400.00  106,400.00    8.375     742.58   10/1/2004           80      0-29      FIX            0
35188614         359      504,000.00  504,000.00     6.25   2,625.00   10/1/2004           80      0-29      6ML        4.375
35159169         359      103,000.00  103,000.00     8.75     751.04   10/1/2004          100      0-29      6ML          6.5
35151778         359      229,425.00  229,274.92    8.125   1,703.48   10/1/2004           95      0-29      6ML        4.625
35189943         359      386,000.00  386,000.00      7.5   2,412.50   10/1/2004        72.15      0-29      6ML        5.125
35245414         359      238,593.00  238,593.00      7.5   1,491.21   10/1/2004          100      0-29      6ML        6.125
34948406         359      250,900.00  250,900.00    6.375   1,332.91   10/1/2004        79.99      0-29      6ML        4.125
34942706         359      249,550.00  249,550.00      6.5   1,351.73   10/1/2004           80      0-29      6ML        4.625
4000151255       359      224,000.00  224,000.00    5.875   1,096.67   10/1/2004           80      0-29      6ML        3.875
33015942         359      115,200.00  115,105.57        7     766.43   10/1/2004           90      0-29      6ML        5.375
35154566         359      171,900.00  171,687.55    8.125   1,276.36   10/1/2004          100      0-29      FIX            0
34963397         359       64,000.00   63,952.50      7.5      447.5   10/1/2004          100      0-29      6ML            5
35068105         358       78,000.00   77,999.99    6.625     430.63    9/1/2004           80      0-29      6ML          4.5
34657908         359       62,050.00   62,003.94      7.5     433.87   10/1/2004           85      0-29      6ML        5.875
35075324         359      119,550.00  119,550.00        7     697.38   10/1/2004        79.99      0-29      6ML            5
35034628         359      700,000.00  700,000.00     5.99   3,494.17   10/1/2004           80      0-29      6ML        3.625
4000173943       359      461,000.00  461,000.00    7.625   2,929.27   10/1/2004          100      0-29      6ML            6
34101485         359      284,700.00  284,700.00     5.99   1,421.13   10/1/2004        79.99      0-29      6ML        3.375
4000168166       359      128,000.00  128,000.00      6.5     693.33   10/1/2004           80      0-29      6ML            4
4000168255       359      240,000.00  240,000.00    5.999   1,199.80   10/1/2004           80      0-29      6ML        4.125
35287176         359      115,900.00  115,769.25        9     932.56   10/1/2004          100      0-29      FIX            0
34801712         359      180,000.00  179,848.77    6.875   1,182.48   10/1/2004        86.54      0-29      6ML        5.625
34856013         359      215,000.00  215,000.00     7.25   1,298.96   10/1/2004        89.96      0-29      6ML         5.75
35125285         359      175,500.00  175,379.22    7.875   1,272.50   10/1/2004           90      0-29      6ML        5.625
35010529         359      117,080.00  117,080.00    5.875      573.2   10/1/2004           80      0-29      6ML         3.75
33955154         358      233,100.00  233,100.00    5.875   1,141.22    9/1/2004           80      0-29      6ML        4.125
33731860         359      404,500.00  404,192.20    7.375   2,793.79   10/1/2004           95      0-29      FIX            0
4000166078       359       45,500.00   45,447.63    7.875     329.91   10/1/2004           70      0-29      6ML            4
35231224         359       99,750.00   99,681.35    7.875     723.26   10/1/2004           95      0-29      FIX            0
4000176762       359      460,000.00  460,000.00    6.125   2,347.92   10/1/2004           80      0-29      6ML        4.375
34376913         359      251,800.00  251,631.05        8   1,847.62   10/1/2004        89.93      0-29      6ML         6.25
35148121         359       91,600.00   91,513.08     6.25        564   10/1/2004           80      0-29      6ML        4.375
35069152         358       93,600.00   93,480.21     8.25     703.19    9/1/2004           90      0-29      6ML          6.5
34754580         358      175,000.00  174,633.69     5.75   1,021.26   10/1/2004         62.5      0-29      6ML        3.875
4000158057       359      337,500.00  337,500.00    7.625   2,144.53   10/1/2004           90      0-29      6ML        5.375
4000166632       359      432,250.00  432,250.00        7   2,521.46   10/1/2004           95      0-29      6ML        5.125
33524380         358      132,100.00  132,100.00    5.375      591.7   10/1/2004           80      0-29      6ML         3.75
4000171817       359      158,490.00  158,490.00     7.25     957.54   10/1/2004           80      0-29      6ML          5.5
35246560         359      448,000.00  447,632.05     6.99   2,977.55   10/1/2004           80      0-29      FIX            0
35104553         359      120,000.00  119,899.18    6.875     788.32   10/1/2004           48      0-29      6ML         3.75
35129790         359       71,250.00   71,160.00    7.375     492.11   11/1/2004           75      0-29      6ML        4.625
34337121         356      560,800.00  560,800.00    5.875   2,745.58    9/1/2004           80      0-29      6ML        3.625
35127307         359      104,975.00  104,884.61     6.75     680.87   10/1/2004           95      0-29      6ML        5.375
35026525         359      200,000.00  200,000.00     6.75   1,125.00   10/1/2004           80      0-29      6ML        4.625
35244102         359       47,200.00   47,164.97      7.5     330.03   10/1/2004           80      0-29      6ML        5.375
35343730         359      127,000.00  127,000.00    6.875      727.6   10/1/2004        76.97      0-29      6ML         4.75
35223262         359      157,000.00  156,883.48      7.5   1,097.77   10/1/2004        84.41      0-29      6ML         5.75
4000165428       359      253,800.00  253,800.00     6.75   1,427.63   10/1/2004           90      0-29      6ML        4.625
34281279         359       40,000.00   39,972.47    7.875     290.03   10/1/2004        60.15      0-29      FIX            0
34717066         358      136,000.00  136,000.00    6.625     750.83    9/1/2004           80      0-29      6ML        4.625
35013598         359       98,705.00   98,631.75      7.5     690.16   10/1/2004           95      0-29      6ML        5.875
4000169332       359      408,000.00  408,000.00    5.875   1,997.50   10/1/2004           80      0-29      6ML         4.25
4000168014       359      591,600.00  591,052.07    6.375   3,690.81   10/1/2004           80      0-29      FIX            0
4000163965       359      132,800.00  132,679.94      6.5     839.39   10/1/2004           80      0-29      6ML        4.875
35146125         359      199,556.00  199,556.00    5.875     976.99   10/1/2004           80      0-29      6ML            4
34020958         359      198,400.00  198,207.17    6.125   1,205.50   10/1/2004           80      0-29      6ML        4.375
4000162698       359      180,000.00  179,833.28    6.375   1,122.97   10/1/2004           80      0-29      FIX            0
34644773         359      160,150.00  159,884.21        7   1,065.49   10/1/2004        84.98      0-29      6ML        5.625
34016840         359      149,000.00  148,904.99     8.25   1,119.39   10/1/2004          100      0-29      6ML        5.125
4000166651       359       84,000.00   84,000.00     6.25      437.5   10/1/2004           80      0-29      6ML            4
35027184         359      232,450.00  232,450.00    6.875   1,331.74   10/1/2004        94.98      0-29      6ML          5.5
35203702         359      383,900.00  383,900.00      6.5   2,079.46   10/1/2004           80      0-29      6ML         4.75
4000166682       359      224,800.00  224,800.00        6   1,124.00   10/1/2004           80      0-29      6ML        4.125
4000174892       359       95,100.00   95,100.00    7.375     584.47   10/1/2004        79.98      0-29      6ML            5
4000120804       359       82,400.00   82,400.00    6.375     437.75   10/1/2004           80      0-29      6ML         4.25

<CAPTION>
             INITIAL  PERIODIC                           PREPAYMENT
  LOANID       CAP      CAP       FLOOR    CEILING          TERM                                PREPAYMENT PENALTY
--------------------------------------------------------------------------------------------------------------------------
<S>             <C>      <C>      <C>       <C>              <C>                        <C>
34861880        3        1            6         12           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35323500        3        1         5.75      11.75           36                              6 mo.s interest less 20% obal
34734905        3        1          9.5       15.5           24                              6 mo.s interest less 20% obal
34884684        3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
35075480        3        1        7.125     13.125            0                                                       None
4000170141      3        1        8.625     14.625           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000172914      3        1        7.375     13.375           24                              6 mo.s interest less 20% obal
35028802        3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
4000174386      3        1        7.375     13.375           24                              6 mo.s interest less 20% obal
4000166996      3        1          8.5       14.5           24                              6 mo.s interest less 20% obal
35263219        0        0            0          0           36                              6 mo.s interest less 20% obal
34963736        3        1          6.5       12.5           36                              6 mo.s interest less 20% obal
34355248        3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
34239970        3        1        8.375     14.375           24                              6 mo.s interest less 20% obal
4000170467      1        1         5.75      11.75           24                              6 mo.s interest less 20% obal
4000171925      3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
34748186        3        1        8.375     14.375           36                              6 mo.s interest less 20% obal
4000173305      3        1         6.25      12.25           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35342823        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
34240556        1        1        6.125     12.125           36                              6 mo.s interest less 20% obal
34526061        3        1        8.875     14.875           24                                                 2% prepaid
34651059        3        1        8.875     14.875           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000165171      3        1            7         13           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35147412        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
4000169384      0        0            0          0           36                                                 1% prepaid
4000168844      3        1        6.999     12.999           24                              6 mo.s interest less 20% obal
35080522        0        0            0          0            0                                                       None
34937508        3        1         6.99      12.99           24                              6 mo.s interest less 20% obal
35226422        3        1        8.875     14.875           24                              6 mo.s interest less 20% obal
35246024        3        1         7.99      13.99           24                              6 mo.s interest less 20% obal
34546390        3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
34897926        3        1        8.125     14.125           36                              6 mo.s interest less 20% obal
4000170713      3        1        7.625     13.625           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34865394        3        1        9.875     15.875            0                                                       None
34928606        3        1         6.99      12.99           36                              6 mo.s interest less 20% obal
33421157        3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
33455585        3        1        8.125     14.125           24                              6 mo.s interest less 20% obal
35246685        3        1        6.625     12.625            0                                                       None
34973248        3        1          8.5       14.5           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34833319        3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
34888784        0        0            0          0           36                              6 mo.s interest less 20% obal
35188614        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
35159169        3        1         8.75      14.75            0                                                       None
35151778        1        1        8.125     14.125            0                                                       None
35189943        3        1          7.5       13.5           36                              6 mo.s interest less 20% obal
35245414        3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
34948406        3        1        6.375     12.375           36                              6 mo.s interest less 20% obal
34942706        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
4000151255      3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
33015942        3        1            7         13           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35154566        0        0            0          0            0                                                       None
34963397        3        1          7.5       13.5           36                              6 mo.s interest less 20% obal
35068105        3        1        6.625     12.625            0                                                       None
34657908        3        1          7.5       13.5           24                                                 2% prepaid
35075324        3        1            7         13            0                                                       None
35034628        3        1         5.99      11.99           24                              6 mo.s interest less 20% obal
4000173943      3        1        7.625     13.625           24                              6 mo.s interest less 20% obal
34101485        3        1         5.99      11.99           12                              6 mo.s interest less 20% obal
4000168166      3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
4000168255      3        1        5.999     11.999           24                              6 mo.s interest less 20% obal
35287176        0        0            0          0            0                                                       None
34801712        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
34856013        3        1         7.25      13.25           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35125285        3        1        7.875     13.875            0                                                       None
35010529        3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
33955154        3        1        5.875     11.875           36                              6 mo.s interest less 20% obal
33731860        0        0            0          0           12                              6 mo.s interest less 20% obal
4000166078      3        1        7.875     13.875           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35231224        0        0            0          0           36                              6 mo.s interest less 20% obal
4000176762      3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
34376913        3        1            8         14            0                                                       None
35148121        3        1         6.25      12.25            0                                                       None
35069152        3        1         8.25      14.25            0                                                       None
34754580        3        1         5.75      11.75           24                              6 mo.s interest less 20% obal
4000158057      3        1        7.625     13.625            0                                                       None
4000166632      3        1            7         13            0                                                       None
33524380        3        1        5.375     11.375           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000171817      3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
35246560        0        0            0          0            0                                                       None
35104553        3        1        6.875     12.875            0                                                       None
35129790        3        1        7.375     13.375            0                                                       None
34337121        3        1        5.875     11.875            0                                                       None
35127307        3        1         6.75      12.75           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35026525        3        1         6.75      12.75           36                              6 mo.s interest less 20% obal
35244102        3        1          7.5       13.5            0                                                       None
35343730        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
35223262        3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
4000165428      3        1         6.75      12.75           12                              6 mo.s interest less 20% obal
34281279        0        0            0          0           36                              6 mo.s interest less 20% obal
34717066        3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
35013598        3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
4000169332      3        1        5.875     11.875            0                                                       None
4000168014      0        0            0          0           36                                             3 mos interest
4000163965      3        1          6.5       12.5           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35146125        3        1        5.875     11.875            0                                                       None
34020958        3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
4000162698      0        0            0          0           36                         min (2% prepaid, 60 days interest)
34644773        3        1            7         13           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34016840        3        1         8.25      14.25           24                              6 mo.s interest less 20% obal
4000166651      3        1         6.25      12.25           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35027184        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
35203702        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
4000166682      3        1            6         12           24                              6 mo.s interest less 20% obal
4000174892      3        1        7.375     13.375           24                              6 mo.s interest less 20% obal
4000120804      3        1        6.375     12.375           24                              6 mo.s interest less 20% obal

<CAPTION>
                                              PAYMENT
              FIRST RATE      RATE RESET       RESET                                  MI
  LOANID      RESET DATE       FREQUENCY     FREQUENCY  PURPOSE   DIV  IO    IOTERM  FLAG
-----------------------------------------------------------------------------------------
<S>           <C>                  <C>            <C>  <C>         <C>  <C>    <C>    <C>
34861880        9/1/2006           6              6    C/O Refi    N    Y      60     N
35323500        9/1/2009           6              6    Purchase    N    Y      60     N
34734905        9/1/2006           6              6    R/T Refi    N    Y      60     N
34884684        7/1/2006           6              6    C/O Refi    N    Y      60     Y
35075480        9/1/2006           6              6    C/O Refi    N    N       0     N
4000170141      9/1/2006           6              6    R/T Refi    N    N       0     N
4000172914      9/1/2006           6              6    Purchase    N    N       0     N
35028802        8/1/2006           6              6    Purchase    N    N       0     N
4000174386      9/1/2006           6              6    Purchase    N    Y      60     N
4000166996      9/1/2006           6              6    Purchase    N    Y      60     N
35263219      00/00/0000           0              0    C/O Refi    N    N       0     N
34963736        9/1/2007           6              6    Purchase    N    N       0     Y
34355248        9/1/2006           6              6    Purchase    N    Y      60     N
34239970        9/1/2006           6              6    C/O Refi    N    Y      60     N
4000170467      3/1/2005           6              6    C/O Refi    N    Y      60     N
4000171925      9/1/2006           6              6    Purchase    N    Y      60     Y
34748186        8/1/2009           6              6    C/O Refi    N    N       0     Y
4000173305      9/1/2006           6              6    Purchase    N    Y      60     N
35342823        9/1/2009           6              6    Purchase    N    Y      60     N
34240556        3/1/2005           6              6    C/O Refi    N    Y      60     N
34526061        9/1/2006           6              6    Purchase    N    N       0     N
34651059        9/1/2007           6              6    R/T Refi    N    N       0     N
4000165171      9/1/2006           6              6    C/O Refi    N    Y      60     N
35147412        9/1/2006           6              6    Purchase    N    Y      60     N
4000169384    00/00/0000           0              0    R/T Refi    N    N       0     N
4000168844      9/1/2009           6              6    Purchase    N    Y      60     N
35080522      00/00/0000           0              0    Purchase    N    N       0     Y
34937508        9/1/2006           6              6    C/O Refi    N    N       0     Y
35226422        9/1/2006           6              6    C/O Refi    N    N       0     N
35246024        9/1/2006           6              6    Purchase    N    N       0     N
34546390        9/1/2006           6              6    Purchase    N    N       0     Y
34897926        9/1/2007           6              6    C/O Refi    N    N       0     N
4000170713      9/1/2006           6              6    Purchase    N    Y      60     N
34865394        9/1/2007           6              6    Purchase    N    N       0     N
34928606        8/1/2007           6              6    C/O Refi    N    N       0     N
33421157        9/1/2006           6              6    Purchase    N    Y      60     N
33455585        6/1/2006           6              6    C/O Refi    N    N       0     Y
35246685        9/1/2006           6              6    C/O Refi    N    N       0     N
34973248        9/1/2006           6              6    Purchase    N    N       0     N
34833319        9/1/2006           6              6    Purchase    N    Y      60     N
34888784      00/00/0000           0              0    Purchase    N    Y      60     N
35188614        9/1/2006           6              6    Purchase    N    Y      60     N
35159169        9/1/2006           6              6    Purchase    N    Y      60     N
35151778        3/1/2005           6              6    Purchase    N    N       0     Y
35189943        9/1/2007           6              6    C/O Refi    N    Y      60     N
35245414        9/1/2006           6              6    Purchase    N    Y      60     N
34948406        9/1/2009           6              6    Purchase    N    Y      60     N
34942706        9/1/2006           6              6    Purchase    N    Y      60     N
4000151255      9/1/2006           6              6    Purchase    N    Y      60     N
33015942        9/1/2007           6              6    R/T Refi    N    N       0     Y
35154566      00/00/0000           0              0    Purchase    N    N       0     N
34963397        9/1/2007           6              6    Purchase    N    N       0     N
35068105        8/1/2006           6              6    R/T Refi    N    Y      60     N
34657908        9/1/2006           6              6    R/T Refi    N    N       0     Y
35075324        9/1/2007           6              6    Purchase    N    Y      60     N
35034628        9/1/2006           6              6    Purchase    N    Y      60     N
4000173943      9/1/2006           6              6    Purchase    N    Y      60     N
34101485        9/1/2009           6              6    Purchase    N    Y      60     N
4000168166      9/1/2006           6              6    Purchase    N    Y      60     N
4000168255      9/1/2006           6              6    Purchase    N    Y      60     N
35287176      00/00/0000           0              0    Purchase    N    N       0     N
34801712        9/1/2006           6              6    C/O Refi    N    N       0     Y
34856013        9/1/2006           6              6    Purchase    N    Y      60     N
35125285        9/1/2006           6              6    C/O Refi    N    N       0     Y
35010529        9/1/2006           6              6    Purchase    N    Y      60     N
33955154        8/1/2006           6              6    Purchase    N    Y      60     N
33731860      00/00/0000           0              0    Purchase    N    N       0     Y
4000166078      9/1/2006           6              6    Purchase    N    N       0     N
35231224      00/00/0000           0              0    C/O Refi    N    N       0     Y
4000176762      9/1/2006           6              6    Purchase    N    Y      60     N
34376913        9/1/2007           6              6    C/O Refi    N    N       0     Y
35148121        9/1/2006           6              6    Purchase    N    N       0     N
35069152        8/1/2007           6              6    Purchase    N    N       0     Y
34754580        8/1/2006           6              6    C/O Refi    N    N       0     N
4000158057      9/1/2007           6              6    C/O Refi    N    Y      60     Y
4000166632      9/1/2006           6              6    Purchase    N    Y      60     Y
33524380        8/1/2006           6              6    Purchase    N    Y      60     N
4000171817      9/1/2006           6              6    Purchase    N    Y      60     N
35246560      00/00/0000           0              0    C/O Refi    N    N       0     N
35104553        9/1/2006           6              6    C/O Refi    N    N       0     N
35129790        9/1/2007           6              6    C/O Refi    N    N       0     N
34337121        6/1/2006           6              6    Purchase    N    Y      60     N
35127307        9/1/2006           6              6    Purchase    N    N       0     Y
35026525        9/1/2007           6              6    Purchase    N    Y      60     N
35244102        9/1/2007           6              6    C/O Refi    N    N       0     N
35343730        9/1/2006           6              6    C/O Refi    N    Y      60     N
35223262        9/1/2006           6              6    R/T Refi    N    N       0     Y
4000165428      9/1/2006           6              6    Purchase    N    Y      60     Y
34281279      00/00/0000           0              0    R/T Refi    N    N       0     N
34717066        8/1/2006           6              6    Purchase    N    Y      60     N
35013598        9/1/2006           6              6    Purchase    N    N       0     Y
4000169332      9/1/2007           6              6    Purchase    N    Y      60     N
4000168014    00/00/0000           0              0    Purchase    N    N       0     N
4000163965      9/1/2006           6              6    C/O Refi    N    N       0     N
35146125        9/1/2007           6              6    Purchase    N    Y      60     N
34020958        9/1/2006           6              6    R/T Refi    N    N       0     N
4000162698    00/00/0000           0              0    Purchase    N    N       0     N
34644773        9/1/2006           6              6    Purchase    N    N       0     Y
34016840        9/1/2006           6              6    Purchase    N    N       0     N
4000166651      9/1/2006           6              6    Purchase    N    Y      60     N
35027184        9/1/2006           6              6    Purchase    N    Y      60     Y
35203702        9/1/2006           6              6    Purchase    N    Y      60     N
4000166682      9/1/2006           6              6    Purchase    N    Y      60     N
4000174892      9/1/2009           6              6    Purchase    N    Y      60     N
4000120804      9/1/2006           6              6    Purchase    N    Y      60     N
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
                                                          PROPERTY                    ORIGINAL ORIGINATION  FIRST PAY   MATURITY
  LOANID              CITY                 ZIP    STATE     TYPE       OCCUPANCY        TERM      DATE        DATE        DATE
--------------------------------------------------------------------------------------------------------------------------------
<S>           <C>                         <C>       <C>   <C>        <C>                <C>     <C>         <C>         <C>
35231349      SPRING HILL                 34609     FL       PUD     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
4000165044    XENIA                       45385     OH       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
4000165232    WOODLAND HILLS AREA         91367     CA       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
35249523      SUGAR LAND                  77479     TX       PUD     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
35232354      MARCO ISLAND                34145     FL       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
4000151200    SACRAMENTO                  95823     CA       SFR     Owner Occupied     360      7/1/2004    9/1/2004   8/1/2034
34669770      HARBOR CITY                 90710     CA      Condo       Investor        360     6/25/2004    8/1/2004   7/1/2034
35191865      CORONA                      92881     CA      Condo    Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
34760967      FORT WASHINGTON             20744     MD       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
34757393      NEWPORT NEWS                23602     VA       PUD     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35303437      LAS VEGAS                   89106     NV       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34721738      ROMOLAND                    92585     CA       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
4000167181    CANTON                      30115     GA       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
35267988      COLTON                      92324     CA       SFR     Owner Occupied     360     8/26/2004   11/1/2004  10/1/2034
34757252      WALDORF                     20603     MD       PUD     Owner Occupied     360      8/3/2004    9/1/2004   8/1/2034
34992651      BIG LAKE                    55309     MN       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
34910752      DULUTH                      30097     GA       PUD     Owner Occupied     360     7/26/2004    9/1/2004   8/1/2034
35106152      FORT WORTH                  76112     TX       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
35084904      TOLEDO                      43605     OH       SFR     Owner Occupied     180     7/30/2004   10/1/2004   9/1/2019
34517235      COLUMBUS                    43224     OH       SFR     Owner Occupied     360     7/21/2004    9/1/2004   8/1/2034
4000160046    PETALUMA                    94954     CA      Condo    Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
35075621      CRAMERTON                   28032     NC       PUD     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34930073      TROUTDALE                   97060     OR       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
4000165029    RICHMOND                    23235     VA       PUD     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
35128883      VILLA PARK                  60181     IL       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34759548      CHESAPEAKE                  23320     VA       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
34977389      GIRARD                      16417     PA       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
34506766      COLUMBUS                    43224     OH       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35205285      CLAREMONT                   91711     CA       PUD     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35133024      HUNTINGTON                  46750     IN       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
4000166363    EAST LANSING                48823     MI       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
4000171808    WESTLAND                    48185     MI       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35108471      DALLAS                      75227     TX       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
34859728      MONTGOMERY                  60538     IL       PUD     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
4000166327    MARYSVILLE                  98270     WA       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
4000167242    MUSKEGON                    49443     MI       SFR        Investor        360     8/16/2004   10/1/2004   9/1/2034
33016114      INDIANAPOLIS                46221     IN       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
34525733      OKLAHOMA CITY               73159     OK       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
34644682      WAUKEGAN                    60087     IL       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34955823      BANNING                     92220     CA       SFR        Investor        360     7/26/2004    9/1/2004   8/1/2034
34989905      WOODLAND                    55391     MN       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
35014760      LOVELAND                    80538     CO       PUD     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
35124346      CHICAGO                     60623     IL    Units 2-4  Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
35126150      FREEPORT                    61032     IL       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35153626      SHARPSBURG                  30277     GA       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
35226356      JACKSONVILLE                32244     FL       PUD     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
34280644      HOUSTON                     77053     TX       PUD     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
34377648      BRIDGETON                    8302     NJ       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
34579425      DENVER                      80221     CO       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
34796482      HESPERIA                    92345     CA       SFR     Owner Occupied     360     7/13/2004    9/1/2004   8/1/2034
35075779      WAKE FOREST                 27587     NC       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
35113463      WYLIE                       75098     TX       PUD     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
4000174454    DEWITT                      48820     MI       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34823591      NEEDHAM                      2492     MA       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
4000154855    SWANNANOA                   28778     NC       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
35012954      CASTLE ROCK                 80109     CO       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
35070424      CHARLOTTE                   28216     NC       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
35030626      CARSON                      90746     CA       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
4000168034    DERRY                        3038     NH    Units 2-4     Investor        360     8/12/2004   10/1/2004   9/1/2034
4000168044    DERRY                        3038     NH    Units 2-4     Investor        360     8/12/2004   10/1/2004   9/1/2034
4000168458    HIDDEN VALLEY LAKE          95461     CA       PUD     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
4000169137    MARGATE                     33063     FL      Condo    Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
4000169504    LINDEN                      95236     CA       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
35234871      CORAL SPRINGS               33065     FL       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000178014    STOCKTON                    95219     CA       PUD     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
4000168289    SPRINGFIELD                  1108     MA    Units 2-4  Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34751495      SPRINGFIELD                 22150     VA       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
35069830      BURLINGTON                  27215     NC       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
34016998      HOUSTON                     77084     TX       PUD     Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
35149806      MEMPHIS                     38112     TN       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
4000178373    SACRAMENTO                  95833     CA       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34799312      EL CAJON                    92019     CA       SFR        Investor        360     8/24/2004   10/1/2004   9/1/2034
34754606      VIRGINIA BEACH              23462     VA       PUD     Owner Occupied     360      8/3/2004    9/1/2004   8/1/2034
4000175259    SPRINGFIELD GARDENS         11434     NY      Condo    Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34649632      SAINT LOUIS                 63130     MO       SFR     Owner Occupied     360     7/20/2004    9/1/2004   8/1/2034
35122464      LINDENHURST                 60046     IL       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34646471      BROOKFIELD                  53005     WI       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35203678      CHULA VISTA                 91910     CA      Condo    Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
4000170474    SANTA CLARA                 95126     CA       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
35032960      FONTANA                     92336     CA       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
34901629      ORLANDO                     32825     FL       PUD     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34757781      COATESVILLE                 19320     PA       PUD     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
34997288      RICHFIELD                   55423     MN       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
35195510      BELL GARDENS                90201     CA       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
35034503      LYTLE CREEK                 92358     CA       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
34719575      INDIO                       92201     CA       SFR     Owner Occupied     180      8/2/2004   10/1/2004   9/1/2019
34106963      WATSONVILLE                 95076     CA       PUD     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
34793869      SAN DIEGO                   92154     CA       PUD     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
35205723      UPLAND                      91786     CA    Units 2-4  Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
4000170212    PALM SPRINGS                92264     CA       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
4000173366    WAKEFIELD                    1880     MA    Units 2-4  Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
34643072      LAKE GENEVA                 53147     WI       SFR     Owner Occupied     360      7/7/2004    9/1/2004   8/1/2034
35124361      GRAYSLAKE                   60030     IL       PUD     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
35189497      MESA                        85203     AZ       PUD     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34866715      POUGHKEEPSIE                12603     NY    Units 2-4     Investor        360      8/2/2004   10/1/2004   9/1/2034
35155340      LITHONIA                    30038     GA       PUD     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35268150      MORENO VALLEY               92555     CA       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
35074038      RALEIGH                     27613     NC       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34528356      PURCELL                     73080     OK       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000178584    SACRAMENTO                  95835     CA       PUD     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
4000161457    MACOMB TOWNSHIP             48044     MI       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
34721662      SIMI VALLEY                 93065     CA       PUD     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
33381690      LENNON                      48449     MI       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
35227602      PORT SAINT LUCIE            34952     FL       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34830687      NEW BEDFORD                  2745     MA       SFR     Owner Occupied     360     7/27/2004   10/1/2004   9/1/2034

<CAPTION>
                                                                                      ORIGINAL
                                                                                      COMBAINED
              REMAINING     ORIGINAL   SCHEDULED                       PAID THRU       LOAN TO      OTS
  LOANID        TERM        BALANCE     BALANCE      RATE      P&I        DATE          VALUE   DELINQUENCY INDEX       MARGIN
------------------------------------------------------------------------------------------------------------------------------
<S>              <C>      <C>         <C>           <C>     <C>        <C>              <C>        <C>       <C>        <C>
35231349         359      234,000.00  234,000.00    7.875   1,535.63   10/1/2004           90      0-29      6ML        6.125
4000165044       359       87,600.00   87,600.00    6.375     465.37   10/1/2004           80      0-29      6ML        4.125
4000165232       359      420,000.00  420,000.00      7.5   2,625.00   10/1/2004        64.62      0-29      6ML        4.875
35249523         359      167,800.00  167,681.57     7.75   1,202.14   10/1/2004          100      0-29      6ML            6
35232354         359      338,400.00  338,400.00    5.875   1,656.75   10/1/2004           80      0-29      6ML        4.375
4000151200       358      228,000.00  228,000.00     5.25      997.5    9/1/2004           80      0-29      6ML         4.25
34669770         357      150,000.00  150,000.00     6.99     873.75    9/1/2004        54.55      0-29      6ML            4
35191865         359      372,000.00  372,000.00    6.125   1,898.75   10/1/2004           80      0-29      6ML        3.875
34760967         359      254,400.00  254,400.00    6.375   1,351.50   10/1/2004           80      0-29      6ML          4.5
34757393         359       66,400.00   66,353.13     7.75      475.7   10/1/2004           80      0-29      6ML        5.375
35303437         359      114,350.00  114,271.30    7.875     829.12   10/1/2004        74.98      0-29      6ML            5
34721738         359      351,400.00  351,400.00      6.5   1,903.42   10/1/2004           95      0-29      6ML        5.125
4000167181       359      142,200.00  142,086.28    7.125     958.03   10/1/2004        92.94      0-29      6ML          5.5
35267988         360      161,000.00  161,000.00    7.625   1,139.55   11/1/2004          100      0-29      FIX            0
34757252         358      122,400.00  122,400.00      5.5        561    9/1/2004           80      0-29      6ML         4.25
34992651         359      163,700.00  163,700.00     7.75   1,057.23   10/1/2004        89.99      0-29      6ML         6.25
34910752         358      731,000.00  731,000.00     5.75   3,502.71    9/1/2004           85      0-29      6ML        4.125
35106152         359      113,600.00  113,497.30      6.5     718.03   10/1/2004           80      0-29      6ML        4.625
35084904         179       50,000.00   49,852.28     7.75     470.64   10/1/2004        64.94      0-29      FIX            0
34517235         358       71,600.00   71,475.74     6.75      464.4    9/1/2004        87.32      0-29      FIX            0
4000160046       359      256,000.00  256,000.00    6.125   1,306.67   10/1/2004           80      0-29      6ML            4
35075621         359      118,350.00  118,350.00    7.125      702.7   10/1/2004           80      0-29      FIX            0
34930073         359      144,000.00  144,000.00    6.625        795   10/1/2004           80      0-29      6ML        4.375
4000165029       359      112,400.00  112,400.00    5.625     526.88   10/1/2004           80      0-29      6ML        3.375
35128883         359      234,000.00  233,842.99        8   1,717.01   10/1/2004           90      0-29      6ML        5.875
34759548         359      288,000.00  287,775.33     7.25   1,964.67   10/1/2004           90      0-29      6ML            6
34977389         359       97,000.00   96,918.50    6.875     637.23   10/1/2004          100      0-29      6ML          5.5
34506766         359      117,000.00  117,000.00        7      682.5   10/1/2004           90      0-29      6ML        5.625
35205285         359      190,950.00  190,950.00      6.5   1,034.31   10/1/2004           95      0-29      6ML            5
35133024         359       76,000.00   75,944.99    7.625     537.93   10/1/2004          100      0-29      6ML         6.25
4000166363       359       60,000.00   59,954.34    7.375     414.41   10/1/2004           80      0-29      6ML         5.75
4000171808       359      253,850.00  253,850.00    7.125   1,507.23   10/1/2004        91.03      0-29      6ML        6.125
35108471         359       43,200.00   42,675.78    8.875     343.72   10/1/2004           90      0-29      6ML         5.75
34859728         359      204,000.00  204,000.00    7.375   1,253.75   10/1/2004           80      0-29      6ML            5
4000166327       359      160,000.00  160,000.00    6.625     883.33   10/1/2004           80      0-29      6ML            5
4000167242       359       46,000.00   46,000.00    8.625     330.62   10/1/2004        76.67      0-29      6ML        5.875
33016114         359       67,500.00   67,459.11      8.5     519.02   10/1/2004           90      0-29      6ML          6.5
34525733         359       71,200.00   71,163.08     9.25     585.75   10/1/2004           80      0-29      FIX            0
34644682         359      216,000.00  215,814.02     6.75   1,400.98   10/1/2004           80      0-29      6ML         6.75
34955823         358      102,850.00  102,689.05     7.25     701.62    9/1/2004           85      0-29      6ML         4.75
34989905         359      672,800.00  672,800.00        7   3,924.67   10/1/2004         75.6      0-29      6ML         4.75
35014760         359      202,000.00  202,000.00        7   1,178.33   10/1/2004          100      0-29      6ML         5.25
35124346         359      193,500.00  193,369.90     7.99   1,418.49   10/1/2004           90      0-29      6ML         6.75
35126150         359       59,200.00   59,200.00    6.125     302.17   10/1/2004           80      0-29      6ML            4
35153626         359      105,200.00  105,200.00    5.375     471.21   10/1/2004           80      0-29      6ML          3.5
35226356         359      198,000.00  198,000.00      8.5   1,402.50   10/1/2004           90      0-29      6ML          6.5
34280644         359       79,250.00   79,201.98      8.5     609.37   10/1/2004        92.15      0-29      6ML        6.875
34377648         359       72,000.00   71,939.51    6.875     472.99   10/1/2004        82.76      0-29      6ML        5.375
34579425         359      148,500.00  148,372.14     6.75     963.17   10/1/2004           90      0-29      6ML        5.375
34796482         358      198,000.00  197,740.07    8.125   1,470.15    9/1/2004        86.09      0-29      6ML        6.375
35075779         359      157,000.00  157,000.00    7.625      997.6   10/1/2004          100      0-29      6ML        5.875
35113463         359      305,600.00  305,349.00     6.99   2,031.12   10/1/2004           80      0-29      FIX            0
4000174454       359      123,500.00  123,403.66     7.25     842.49   10/1/2004          100      0-29      6ML            6
34823591         359      705,000.00  704,436.22    7.125   4,749.72   10/1/2004        69.98      0-29      6ML          4.5
4000154855       359      207,200.00  206,988.75    5.875   1,225.67   10/1/2004           80      0-29      6ML         3.75
35012954         359      384,000.00  383,685.23        7   2,554.77   10/1/2004        94.81      0-29      6ML        5.625
35070424         359       84,800.00   84,800.00     6.25     441.67   10/1/2004           80      0-29      6ML         4.25
35030626         359      392,000.00  392,000.00     6.99   2,283.40   10/1/2004           80      0-29      6ML         4.75
4000168034       359      164,000.00  163,878.29      7.5   1,146.71   10/1/2004           80      0-29      6ML        3.375
4000168044       359      164,000.00  163,878.29      7.5   1,146.71   10/1/2004           80      0-29      6ML        3.375
4000168458       359      163,800.00  163,662.39    6.875   1,076.05   10/1/2004        71.22      0-29      6ML         4.75
4000169137       359       85,500.00   85,500.00    8.125     578.91   10/1/2004           95      0-29      6ML            6
4000169504       359      257,900.00  257,900.00    5.875   1,262.64   10/1/2004        79.99      0-29      6ML          3.5
35234871         359      223,200.00  223,021.51    7.125   1,503.74   10/1/2004           90      0-29      6ML            6
4000178014       359      397,750.00  397,750.00    6.125   2,030.18   10/1/2004        79.99      0-29      6ML         4.25
4000168289       359      153,000.00  152,824.38     7.25   1,043.73   10/1/2004           85      0-29      6ML            6
34751495         359      340,000.00  339,747.67      7.5   2,377.33   10/1/2004        79.07      0-29      FIX            0
35069830         359      177,650.00  177,507.93    7.125   1,196.87   10/1/2004        89.99      0-29      FIX            0
34016998         358       99,650.00   99,650.00    6.125     508.63   10/1/2004        79.98      0-29      6ML        3.875
35149806         359       40,000.00   39,976.98     8.75     314.69   10/1/2004          100      0-29      6ML            6
4000178373       359      285,000.00  284,772.09    7.125   1,920.10   10/1/2004          100      0-29      6ML         5.75
34799312         359      310,500.00  310,500.00      7.5   1,940.63   10/1/2004           90      0-29      6ML            5
34754606         358      139,900.00  139,658.42     6.75     907.39    9/1/2004        79.99      0-29      6ML          4.5
4000175259       359      247,500.00  247,500.00    7.875   1,624.22   10/1/2004           90      0-29      6ML        5.875
34649632         358      103,500.00  103,377.34    8.625     805.02   11/1/2004           90      0-29      6ML        6.625
35122464         359      221,800.00  221,647.35    7.875   1,608.21   10/1/2004        94.99      0-29      6ML         6.25
34646471         359      304,000.00  304,000.00     7.25   1,836.67   10/1/2004        89.97      0-29      6ML        5.625
35203678         359      380,000.00  380,000.00    8.125   2,572.92   10/1/2004           95      0-29      6ML        5.375
4000170474       359      510,000.00  509,467.53     5.75   2,976.22   10/1/2004        70.83      0-29      FIX            0
35032960         359      500,000.00  500,000.00    6.625   2,760.42   10/1/2004         94.7      0-29      6ML        5.125
34901629         359      142,800.00  142,495.20      6.5      902.6   10/1/2004           85      0-29      6ML          4.5
34757781         359      268,000.00  268,000.00     5.75   1,284.17   10/1/2004           80      0-29      6ML        3.875
34997288         359      218,950.00  218,950.00    6.875   1,254.40   10/1/2004        94.99      0-29      6ML         5.75
35195510         359      210,000.00  209,790.54     5.99   1,257.71   10/1/2004        67.96      0-29      6ML        3.875
35034503         359      232,000.00  232,000.00    6.625   1,280.83   10/1/2004           80      0-29      6ML         4.75
34719575         179       65,000.00   64,797.14    7.125      588.8   10/1/2004        46.43      0-29      FIX            0
34106963         359      430,150.00  430,150.00     6.25   2,240.36   10/1/2004        79.99      0-29      6ML          4.5
34793869         359      422,000.00  422,000.00    5.125   1,802.29   10/1/2004        79.99      0-29      6ML        3.625
35205723         359      255,000.00  254,841.50    8.375   1,938.19   10/1/2004           85      0-29      6ML         5.25
4000170212       359      416,000.00  416,000.00    6.125   2,123.33   10/1/2004           80      0-29      6ML         4.25
4000173366       359      308,000.00  308,000.00      6.5   1,668.33   10/1/2004           80      0-29      6ML        4.625
34643072         358       90,000.00   89,887.72    8.375     684.07    9/1/2004           90      0-29      6ML        6.625
35124361         359      132,000.00  132,000.00    6.375     701.25   10/1/2004           80      0-29      6ML        4.125
35189497         359      105,000.00  104,927.73    7.875     761.33   10/1/2004           70      0-29      6ML        5.625
34866715         359      179,900.00  179,759.66     7.25   1,227.24   10/1/2004        89.99      0-29      6ML        5.375
35155340         359      101,360.00  101,360.00    6.625     559.59   10/1/2004           80      0-29      6ML        4.625
35268150         359      308,000.00  307,747.53        7   2,049.14   10/1/2004           80      0-29      6ML         5.25
35074038         359      220,000.00  220,000.00    6.125   1,122.92   10/1/2004           80      0-29      6ML        3.625
34528356         359      104,000.00  103,940.16     8.75     818.17   10/1/2004          100      0-29      FIX            0
4000178584       359      239,450.00  239,450.00    6.375   1,272.08   10/1/2004        79.99      0-29      6ML        4.625
4000161457       359      194,400.00  194,248.35     7.25   1,326.15   10/1/2004           80      0-29      6ML        4.375
34721662         359      501,500.00  501,500.00    6.625   2,768.70   10/1/2004           85      0-29      6ML        4.375
33381690         359      213,750.00  213,591.36      7.5   1,494.58   10/1/2004           95      0-29      6ML         6.25
35227602         359      112,500.00  112,416.51      7.5     786.62   10/1/2004           75      0-29      6ML        4.625
34830687         359      267,500.00  267,500.00      7.5   1,671.88   10/1/2004        88.58      0-29      6ML        5.875

<CAPTION>
             INITIAL  PERIODIC                           PREPAYMENT
  LOANID       CAP      CAP       FLOOR    CEILING          TERM                                PREPAYMENT PENALTY
--------------------------------------------------------------------------------------------------------------------------
<S>             <C>      <C>      <C>       <C>              <C>                        <C>
35231349        3        1        7.875     13.875           24                              6 mo.s interest less 20% obal
4000165044      3        1        6.375     12.375           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000165232      3        1          7.5       13.5           12                              6 mo.s interest less 20% obal
35249523        3        1         7.75      13.75           36                              6 mo.s interest less 20% obal
35232354        3        1        5.875     11.875           36                              6 mo.s interest less 20% obal
4000151200      3        1         5.25      11.25           36                              6 mo.s interest less 20% obal
34669770        3        1         6.99      12.99           36                              6 mo.s interest less 20% obal
35191865        3        1        6.125     12.125           36                              6 mo.s interest less 20% obal
34760967        3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
34757393        3        1         7.75      13.75           24                              6 mo.s interest less 20% obal
35303437        3        1        7.875     13.875           24                              6 mo.s interest less 20% obal
34721738        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
4000167181      3        1        7.125     13.125            0                                                       None
35267988        0        0            0          0           36                              6 mo.s interest less 20% obal
34757252        3        1          5.5       11.5           36                              6 mo.s interest less 20% obal
34992651        3        1         7.75      13.75           24                         min (2% prepaid, 60 days interest)
34910752        1        1         5.75      11.75            0                                                       None
35106152        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
35084904        0        0            0          0           36                                                 1% prepaid
34517235        0        0            0          0           36                                                 1% prepaid
4000160046      3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
35075621        0        0            0          0            0                                                       None
34930073        3        1        6.625     12.625           36                              6 mo.s interest less 20% obal
4000165029      3        1        5.625     11.625           36                              6 mo.s interest less 20% obal
35128883        3        1            8         14            0                                                       None
34759548        3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
34977389        3        1        6.875     12.875           36                              6 mo.s interest less 20% obal
34506766        3        1            7         13           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35205285        3        1          6.5       12.5           36                              6 mo.s interest less 20% obal
35133024        3        1        7.625     13.625           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000166363      3        1        7.375     13.375           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000171808      3        1        7.125     13.125           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35108471        3        1        8.875     14.875           24                              6 mo.s interest less 20% obal
34859728        3        1        7.375     13.375           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000166327      3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
4000167242      3        1        8.625     14.625           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
33016114        3        1          8.5       14.5           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34525733        0        0            0          0           36                              6 mo.s interest less 20% obal
34644682        3        1         6.75      12.75           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34955823        3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
34989905        3        1            7         13           36                         min (2% prepaid, 60 days interest)
35014760        3        1            7         13           12                              6 mo.s interest less 20% obal
35124346        3        1         7.99      13.99           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35126150        3        1        6.125     12.125           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35153626        1        1        5.375     11.375            0                                                       None
35226356        3        1          8.5       14.5           24                              6 mo.s interest less 20% obal
34280644        3        1          8.5       14.5           36                              6 mo.s interest less 20% obal
34377648        3        1        6.875     12.875            0                                                       None
34579425        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
34796482        3        1        8.125     14.125           24                              6 mo.s interest less 20% obal
35075779        3        1        7.625     13.625            0                                                       None
35113463        0        0            0          0            0                                                       None
4000174454      3        1         7.25      13.25           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34823591        3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
4000154855      3        1        5.875     11.875            0                                                       None
35012954        3        1            7         13           24                              6 mo.s interest less 20% obal
35070424        3        1         6.25      12.25            0                                                       None
35030626        3        1         6.99      12.99           36                              6 mo.s interest less 20% obal
4000168034      3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
4000168044      3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
4000168458      3        1        6.875     12.875           36                              6 mo.s interest less 20% obal
4000169137      3        1        8.125     14.125           24                              6 mo.s interest less 20% obal
4000169504      3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
35234871        3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
4000178014      3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
4000168289      3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
34751495        0        0            0          0           36                              6 mo.s interest less 20% obal
35069830        0        0            0          0            0                                                       None
34016998        3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
35149806        3        1         8.75      14.75           36                              6 mo.s interest less 20% obal
4000178373      3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
34799312        3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
34754606        3        1         6.75      12.75           36                              6 mo.s interest less 20% obal
4000175259      3        1        7.875     13.875            0                                                       None
34649632        3        1        8.625     14.625           24                                                 2% prepaid
35122464        3        1        7.875     13.875           12                              3%/2%/1%-1st yr/2nd yr/3rd yr
34646471        3        1         7.25      13.25           12                              6 mo.s interest less 20% obal
35203678        3        1        8.125     14.125           24                              6 mo.s interest less 20% obal
4000170474      0        0            0          0           36                              6 mo.s interest less 20% obal
35032960        3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
34901629        3        1          6.5       12.5           36                              6 mo.s interest less 20% obal
34757781        3        1         5.75      11.75           24                              6 mo.s interest less 20% obal
34997288        3        1        6.875     12.875           36                         min (2% prepaid, 60 days interest)
35195510        3        1         5.99      11.99           24                              6 mo.s interest less 20% obal
35034503        3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
34719575        0        0            0          0           36                              6 mo.s interest less 20% obal
34106963        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
34793869        3        1        5.125     11.125           36                              6 mo.s interest less 20% obal
35205723        3        1        8.375     14.375           24                              6 mo.s interest less 20% obal
4000170212      3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
4000173366      3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
34643072        3        1        8.375     14.375           24                              6 mo.s interest less 20% obal
35124361        3        1        6.375     12.375           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35189497        3        1        7.875     13.875           24                              6 mo.s interest less 20% obal
34866715        3        1         7.25      13.25            0                                                       None
35155340        3        1        6.625     12.625            0                                                       None
35268150        3        1            7         13           24                              6 mo.s interest less 20% obal
35074038        3        1        6.125     12.125            0                                                       None
34528356        0        0            0          0           36                              6 mo.s interest less 20% obal
4000178584      3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
4000161457      3        1         7.25      13.25           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34721662        3        1        6.625     12.625           12                              6 mo.s interest less 20% obal
33381690        3        1          7.5       13.5           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35227602        3        1          7.5       13.5           12                              6 mo.s interest less 20% obal
34830687        3        1          7.5       13.5           36                              6 mo.s interest less 20% obal

<CAPTION>
                                              PAYMENT
              FIRST RATE      RATE RESET       RESET                                  MI
  LOANID      RESET DATE       FREQUENCY     FREQUENCY  PURPOSE   DIV  IO    IOTERM  FLAG
-----------------------------------------------------------------------------------------
<S>           <C>                  <C>            <C>  <C>         <C>  <C>    <C>    <C>
35231349        9/1/2006           6              6    Purchase    N    Y      60     N
4000165044      9/1/2009           6              6    Purchase    N    Y      60     N
4000165232      9/1/2006           6              6    C/O Refi    N    Y      60     N
35249523        9/1/2007           6              6    Purchase    N    N       0     N
35232354        9/1/2006           6              6    Purchase    N    Y      60     N
4000151200      8/1/2007           6              6    Purchase    N    Y      60     N
34669770        7/1/2009           6              6    C/O Refi    N    Y      60     N
35191865        9/1/2009           6              6    Purchase    N    Y      60     N
34760967        9/1/2006           6              6    Purchase    N    Y      60     N
34757393        9/1/2006           6              6    C/O Refi    N    N       0     N
35303437        9/1/2006           6              6    Purchase    N    N       0     N
34721738        9/1/2006           6              6    Purchase    N    Y      60     Y
4000167181      9/1/2006           6              6    C/O Refi    N    N       0     Y
35267988      00/00/0000           0              0    C/O Refi    N    N       0     N
34757252        8/1/2006           6              6    Purchase    N    Y      60     N
34992651        9/1/2006           6              6    Purchase    N    Y      60     N
34910752        2/1/2005           6              6    C/O Refi    N    Y      60     Y
35106152        9/1/2006           6              6    Purchase    N    N       0     N
35084904      00/00/0000           0              0    C/O Refi    N    N       0     N
34517235      00/00/0000           0              0    C/O Refi    N    N       0     Y
4000160046      9/1/2006           6              6    Purchase    N    Y      60     N
35075621      00/00/0000           0              0    Purchase    N    Y      60     N
34930073        9/1/2009           6              6    Purchase    N    Y      60     N
4000165029      9/1/2009           6              6    Purchase    N    Y      60     N
35128883        9/1/2006           6              6    C/O Refi    N    N       0     N
34759548        9/1/2006           6              6    C/O Refi    N    N       0     N
34977389        9/1/2007           6              6    Purchase    N    N       0     Y
34506766        9/1/2006           6              6    Purchase    N    Y      60     N
35205285        9/1/2007           6              6    C/O Refi    N    Y      60     Y
35133024        9/1/2006           6              6    Purchase    N    N       0     Y
4000166363      9/1/2006           6              6    Purchase    N    N       0     N
4000171808      9/1/2006           6              6    Purchase    N    Y      60     Y
35108471        9/1/2006           6              6    Purchase    N    N       0     Y
34859728        9/1/2006           6              6    C/O Refi    N    Y      60     N
4000166327      9/1/2006           6              6    Purchase    N    Y      60     N
4000167242      9/1/2006           6              6    C/O Refi    N    Y      60     N
33016114        9/1/2007           6              6    C/O Refi    N    N       0     Y
34525733      00/00/0000           0              0    C/O Refi    N    N       0     N
34644682        9/1/2006           6              6    Purchase    N    N       0     N
34955823        8/1/2006           6              6    Purchase    N    N       0     Y
34989905        9/1/2006           6              6    C/O Refi    N    Y      60     N
35014760        9/1/2006           6              6    Purchase    N    Y      60     N
35124346        9/1/2006           6              6    Purchase    N    N       0     Y
35126150        9/1/2006           6              6    Purchase    N    Y      60     N
35153626        3/1/2005           6              6    Purchase    N    Y      60     N
35226356        9/1/2006           6              6    C/O Refi    N    Y      60     N
34280644        9/1/2007           6              6    Purchase    N    N       0     N
34377648        9/1/2007           6              6    C/O Refi    N    N       0     N
34579425        9/1/2006           6              6    C/O Refi    N    N       0     N
34796482        8/1/2006           6              6    C/O Refi    N    N       0     N
35075779        9/1/2006           6              6    Purchase    N    Y      60     N
35113463      00/00/0000           0              0    C/O Refi    N    N       0     N
4000174454      9/1/2006           6              6    Purchase    N    N       0     N
34823591        9/1/2006           6              6    Purchase    N    N       0     N
4000154855      9/1/2009           6              6    Purchase    N    N       0     N
35012954        9/1/2006           6              6    C/O Refi    N    N       0     N
35070424        9/1/2007           6              6    Purchase    N    Y      60     N
35030626        9/1/2009           6              6    Purchase    N    Y      60     N
4000168034      9/1/2009           6              6    Purchase    N    N       0     N
4000168044      9/1/2009           6              6    Purchase    N    N       0     N
4000168458      9/1/2007           6              6    C/O Refi    N    N       0     N
4000169137      9/1/2006           6              6    C/O Refi    N    Y      60     Y
4000169504      9/1/2009           6              6    Purchase    N    Y      60     N
35234871        9/1/2006           6              6    C/O Refi    N    N       0     N
4000178014      9/1/2006           6              6    Purchase    N    Y      60     N
4000168289      9/1/2006           6              6    R/T Refi    N    N       0     N
34751495      00/00/0000           0              0    C/O Refi    N    N       0     N
35069830      00/00/0000           0              0    C/O Refi    N    N       0     N
34016998        8/1/2006           6              6    Purchase    N    Y      60     N
35149806        9/1/2007           6              6    C/O Refi    N    N       0     N
4000178373      9/1/2006           6              6    C/O Refi    N    N       0     N
34799312        9/1/2007           6              6    Purchase    N    Y      60     Y
34754606        8/1/2009           6              6    Purchase    N    N       0     N
4000175259      9/1/2006           6              6    C/O Refi    N    Y      60     N
34649632        8/1/2006           6              6    C/O Refi    N    N       0     Y
35122464        9/1/2006           6              6    Purchase    N    N       0     Y
34646471        9/1/2006           6              6    Purchase    N    Y      60     Y
35203678        9/1/2006           6              6    Purchase    N    Y      60     N
4000170474    00/00/0000           0              0    Purchase    N    N       0     N
35032960        9/1/2006           6              6    Purchase    N    Y      60     N
34901629        9/1/2007           6              6    C/O Refi    N    N       0     Y
34757781        9/1/2006           6              6    Purchase    N    Y      60     N
34997288        9/1/2006           6              6    Purchase    N    Y      60     Y
35195510        9/1/2006           6              6    C/O Refi    N    N       0     N
35034503        9/1/2006           6              6    Purchase    N    Y      60     N
34719575      00/00/0000           0              0    C/O Refi    N    N       0     N
34106963        9/1/2006           6              6    Purchase    N    Y      60     N
34793869        9/1/2006           6              6    Purchase    N    Y      60     N
35205723        9/1/2006           6              6    Purchase    N    N       0     N
4000170212      9/1/2006           6              6    Purchase    N    Y      60     N
4000173366      9/1/2006           6              6    Purchase    N    Y      60     N
34643072        8/1/2006           6              6    C/O Refi    N    N       0     N
35124361        9/1/2006           6              6    Purchase    N    Y      60     N
35189497        9/1/2006           6              6    C/O Refi    N    N       0     N
34866715        9/1/2007           6              6    Purchase    N    N       0     Y
35155340        9/1/2007           6              6    Purchase    N    Y      60     N
35268150        9/1/2006           6              6    C/O Refi    N    N       0     N
35074038        9/1/2009           6              6    Purchase    N    Y      60     N
34528356      00/00/0000           0              0    C/O Refi    N    N       0     N
4000178584      9/1/2006           6              6    Purchase    N    Y      60     N
4000161457      9/1/2006           6              6    C/O Refi    N    N       0     N
34721662        9/1/2006           6              6    Purchase    N    Y      60     Y
33381690        9/1/2006           6              6    C/O Refi    N    N       0     Y
35227602        9/1/2006           6              6    Purchase    N    N       0     N
34830687        9/1/2006           6              6    C/O Refi    N    Y      60     N
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
                                                          PROPERTY                    ORIGINAL ORIGINATION  FIRST PAY   MATURITY
  LOANID              CITY                 ZIP    STATE     TYPE       OCCUPANCY        TERM      DATE        DATE        DATE
--------------------------------------------------------------------------------------------------------------------------------
<S>           <C>                         <C>       <C>   <C>        <C>                <C>     <C>         <C>         <C>
4000174517    PALM COAST                  32164     FL       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
4000169365    PORT SAINT LUCIE            34986     FL       PUD     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
33861220      SPANISH FORK                84660     UT       PUD     Owner Occupied     360      8/4/2004    9/1/2004   8/1/2034
4000171010    POTTER                      54160     WI       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34965475      BETHLEHEM                   18018     PA       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
34995175      EAGAN                       55123     MN       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
35270610      CHINO HILLS                 91709     CA       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34855098      BERWYN                      60402     IL       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
35102672      EL PASO                     79928     TX       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35198514      CYPRESS                     90630     CA       PUD     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34608406      PLAINFIELD                  60544     IL       PUD     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
35013721      FRANKTOWN                   80116     CO       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
33796012      TRACY                       95376     CA       SFR     Owner Occupied     360     7/26/2004   10/1/2004   9/1/2034
4000169461    WEST PALM BEACH             33409     FL       SFR     Owner Occupied     180      8/5/2004   10/1/2004   9/1/2019
35231711      RIVERVIEW                   33569     FL       PUD     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
4000174046    FAIRFIELD                   94533     CA       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
35246784      HOUSTON                     77087     TX       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34848069      MELROSE PARK                60160     IL       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
4000166961    SAN LUIS OBISPO             93405     CA       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
4000166925    REVERE                       2151     MA       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
34381913      ANDOVER                      7848     NJ      Condo    Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
35156116      ARLINGTON                   38002     TN       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
33780917      CLIFTON PARK                12065     NY       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
4000169612    MARGATE                     33063     FL       PUD     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34689828      PORT SAINT LUCIE            34983     FL       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
4000172137    HAUPPAUGE                   11788     NY       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35208164      GRANADA HILLS               91344     CA       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35304732      LAS VEGAS                   89121     NV       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
4000167223    REDFORD                     48240     MI       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
4000159449    CLINTON TOWNSHIP            48038     MI       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
35025667      SANTA CLARITA               91351     CA       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
4000165099    KENT                        44240     OH       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
34832212      SPRINGFIELD                  1109     MA       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
33593062      HOUSTON                     77082     TX       PUD        Investor        180      8/9/2004   10/1/2004   9/1/2019
4000160737    ATHENS                      75752     TX       PUD     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
35145614      MEMPHIS                     38125     TN       SFR     Owner Occupied     360      8/5/2004    9/1/2004   8/1/2034
34986448      SAINT CLOUD                 56301     MN       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
35080266      ANGIER                      27501     NC       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
35161280      LITHONIA                    30058     GA       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
34927814      PORTLAND                    97217     OR       SFR       Second Home      360     7/27/2004    9/1/2004   8/1/2034
4000165218    YOUNGSTOWN                  44505     OH       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
34990499      FRIDLEY                     55432     MN    Units 2-4  Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
34758904      DISTRICT HEIGHTS            20747     MD       PUD     Owner Occupied     360      8/5/2004    9/1/2004   8/1/2034
35073162      CHARLOTTE                   28202     NC      Condo    Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
4000160190    ADRIAN                      49221     MI       SFR     Owner Occupied     360     7/26/2004    9/1/2004   8/1/2034
34757450      LORTON                      22079     VA      Condo    Owner Occupied     360      8/4/2004    9/1/2004   8/1/2034
4000167231    BROOKLYN                    11236     NY    Units 2-4  Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
34574830      DENVER                      80212     CO       SFR     Owner Occupied     360     6/28/2004    8/1/2004   7/1/2034
34827154      BRANFORD                     6405     CT      Condo    Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
4000175420    ROMULUS                     48174     MI       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35128461      CHICAGO                     60630     IL       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34649053      MASON CITY                  50401     IA       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
35249929      SUGAR LAND                  77479     TX       PUD     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34240481      EDGEWOOD                    87015     NM       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
4000170450    VALLEJO                     94591     CA       PUD     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
4000159727    LOS LUNAS                   87031     NM       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
4000164678    GRAND RAPIDS                49509     MI       SFR     Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
35363522      BOISE                       83709     ID       PUD     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34789719      ALPINE                      91901     CA       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
34370759      EDISON                       8817     NJ       SFR     Owner Occupied     360      8/4/2004    9/1/2004   8/1/2034
35188762      GARDEN GROVE                92843     CA       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
34759746      SPOTSYLVANIA                22553     VA       PUD     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
35189364      TIGARD                      97223     OR       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
35206705      LAKE ELSINORE               92530     CA       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
4000171200    MIAMI                       33172     FL      Condo    Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34695197      KISSIMMEE                   34744     FL       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
34831024      HARTFORD                     6114     CT    Units 2-4  Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
4000160773    BROOMFIELD                  80020     CO       PUD     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
34715607      CHINO HILLS                 91709     CA       PUD     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34798504      LAKESIDE                    92040     CA       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
4000164819    WEST COVINA                 91792     CA       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
4000164897    HIGH FALLS                  12440     NY       SFR     Owner Occupied     360     7/28/2004   10/1/2004   9/1/2034
35027051      PICO RIVERA                 90660     CA       SFR     Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
34663062      CARSON                      90746     CA       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
34998369      PRESCOTT                    54021     WI       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
35126200      JOLIET                      60433     IL       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
35208271      BIG BEAR CITY               92314     CA       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
4000175997    HIALEAH                     33014     FL       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34721506      MENTONE                     92359     CA       PUD     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
34721985      RIVERSIDE                   92506     CA       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
35123793      CHICAGO                     60659     IL    Units 2-4  Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
35203785      NATIONAL CITY               91950     CA    Units 2-4  Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
34864223      SCHENECTADY                 12309     NY       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
4000176906    CLIO                        48420     MI       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35205715      CORONA                      92882     CA       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
4000169936    ANTELOPE                    95843     CA       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
4000165460    SCOTTS VALLEY               95066     CA      Condo    Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
4000165677    SPANAWAY                    98387     WA       PUD     Owner Occupied     360      8/2/2004    9/1/2004   8/1/2034
4000170375    ROCHESTER                    2770     MA       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
4000166085    DEARBORN                    48124     MI       SFR     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
34854570      WASHINGTON                  61571     IL       SFR     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
35078955      HUNTERSVILLE                28078     NC       PUD     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34654186      MILWAUKEE                   53221     WI       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
35202001      MESA                        85204     AZ       PUD        Investor        360     7/30/2004   10/1/2004   9/1/2034
34644427      MARSHFIELD                  54449     WI       SFR     Owner Occupied     360     7/19/2004    9/1/2004   8/1/2034
34966309      WAYNESVILLE                 45068     OH       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34899203      FORT MYERS                  33912     FL       SFR     Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
35127182      CHICAGO                     60608     IL    Units 2-4  Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
35185305      SAN JACINTO                 92583     CA       SFR     Owner Occupied     360     7/27/2004   10/1/2004   9/1/2034
4000169940    RANCHO CORDOVA              95670     CA      Condo    Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
4000161154    VACAVILLE                   95687     CA       SFR     Owner Occupied     360     7/22/2004    9/1/2004   8/1/2034
34992636      BRAINERD                    56401     MN       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34827865      BROCKTON                     2301     MA    Units 2-4  Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
4000171005    NEWBURY                     44065     OH       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
34068437      HENDERSON                   89052     NV       PUD     Owner Occupied     360     5/26/2004    7/1/2004   6/1/2034

<CAPTION>
                                                                                      ORIGINAL
                                                                                      COMBAINED
              REMAINING     ORIGINAL   SCHEDULED                       PAID THRU       LOAN TO      OTS
  LOANID        TERM        BALANCE     BALANCE      RATE      P&I        DATE          VALUE   DELINQUENCY INDEX       MARGIN
------------------------------------------------------------------------------------------------------------------------------
<S>              <C>      <C>         <C>           <C>     <C>        <C>              <C>        <C>       <C>        <C>
4000174517       359      152,000.00  152,000.00    8.125   1,029.17   10/1/2004           95      0-29      6ML         6.75
4000169365       359      111,000.00  110,906.75    6.875     729.19   10/1/2004        94.87      0-29      6ML        5.375
33861220         358      107,200.00  107,200.00    6.625     591.83    9/1/2004           80      0-29      6ML        4.625
4000171010       359       86,450.00   86,375.57     6.75     560.71   10/1/2004           95      0-29      6ML          5.5
34965475         359       83,600.00   83,533.15    7.125     563.23   10/1/2004          100      0-29      6ML         5.75
34995175         359      182,000.00  182,000.00    6.625   1,004.79   10/1/2004        89.22      0-29      6ML        4.875
35270610         359      439,000.00  439,000.00      6.5   2,377.92   10/1/2004          100      0-29      6ML            5
34855098         359      180,000.00  180,000.00      6.5        975   10/1/2004           80      0-29      6ML        4.625
35102672         359      103,450.00  103,376.98     7.75     741.13   10/1/2004           90      0-29      6ML            5
35198514         359      357,600.00  357,600.00    6.375   1,899.75   10/1/2004           80      0-29      6ML        4.125
34608406         359      163,900.00  163,716.34    5.375      917.8   10/1/2004        79.99      0-29      6ML         4.25
35013721         359      260,250.00  260,250.00    7.125   1,545.23   10/1/2004        70.34      0-29      6ML        4.875
33796012         359      320,000.00  320,000.00    5.375   1,433.33   10/1/2004           80      0-29      6ML          3.5
4000169461       179      128,700.00  128,319.77     7.75   1,211.42   10/1/2004           90      0-29      FIX            0
35231711         359      141,500.00  141,372.08      6.5     894.38   10/1/2004         78.5      0-29      6ML        3.375
4000174046       359      280,000.00  280,000.00    6.125   1,429.17   10/1/2004           80      0-29      6ML         4.25
35246784         359       45,000.00   44,971.30     8.25     338.08   10/1/2004           90      0-29      6ML          6.5
34848069         359      180,000.00  179,859.58     7.25   1,227.92   10/1/2004           90      0-29      FIX            0
4000166961       359      230,000.00  229,759.86     5.75   1,342.22   10/1/2004        52.27      0-29      6ML         3.75
4000166925       359      268,850.00  268,850.00      8.5   1,904.35   10/1/2004           95      0-29      6ML        6.875
34381913         359      144,800.00  144,695.93     7.75   1,037.37   10/1/2004          100      0-29      FIX            0
35156116         359      115,880.00  115,880.00     7.25     700.11   10/1/2004           80      0-29      6ML          5.5
33780917         359      159,000.00  158,884.91    7.625   1,125.40   10/1/2004        83.73      0-29      6ML        6.125
4000169612       359      187,000.00  186,804.76     5.75   1,091.28   10/1/2004        75.71      0-29      6ML        4.375
34689828         359      123,500.00  123,403.66     7.25     842.49   10/1/2004           95      0-29      6ML        5.875
4000172137       359      422,000.00  421,618.50      6.5   2,667.33   10/1/2004        75.36      0-29      6ML         4.75
35208164         359      512,000.00  512,000.00     6.99   2,982.40   10/1/2004           80      0-29      6ML            5
35304732         359      284,000.00  284,000.00     6.75   1,597.50   10/1/2004           80      0-29      6ML        4.375
4000167223       359      108,300.00  108,300.00    7.625     688.16   10/1/2004           95      0-29      6ML         5.75
4000159449       359      129,000.00  128,883.38      6.5     815.37   10/1/2004        58.64      0-29      6ML        4.125
35025667         359      373,500.00  373,119.19    5.875   2,209.40   10/1/2004           90      0-29      6ML          4.5
4000165099       359      123,500.00  123,408.35      7.5     863.53   10/1/2004           95      0-29      6ML        6.125
34832212         359       92,000.00   91,922.70    6.875     604.38   10/1/2004           80      0-29      6ML            5
33593062         179       78,400.00   78,175.93    8.125      754.9   10/1/2004           80      0-29      FIX            0
4000160737       358      140,000.00  139,685.54    5.375     783.96    9/1/2004           80      0-29      6ML          3.5
35145614         358      105,520.00  105,520.00    6.875     604.54    9/1/2004           80      0-29      6ML        4.375
34986448         359      205,700.00  205,700.00    6.875   1,178.49   10/1/2004           85      0-29      6ML        5.625
35080266         359       93,000.00   92,943.66      8.5     715.09   10/1/2004          100      0-29      6ML        6.375
35161280         359      114,800.00  114,800.00     7.25     693.58   10/1/2004           80      0-29      6ML        4.625
34927814         358      146,000.00  146,000.00     7.25     882.08    9/1/2004        64.89      0-29      6ML         3.75
4000165218       359       84,800.00   84,735.48    7.375     585.69   10/1/2004           80      0-29      6ML        5.625
34990499         359      323,000.00  323,000.00    5.375   1,446.77   10/1/2004        94.17      0-29      6ML        4.375
34758904         358      159,200.00  158,925.09     6.75   1,032.57   10/1/2004           80      0-29      6ML        5.125
35073162         359      117,450.00  117,450.00     6.25     611.72   10/1/2004        79.97      0-29      6ML            4
4000160190       358      114,400.00  114,400.00      6.5     619.67   10/1/2004           80      0-29      6ML        4.125
34757450         358      185,600.00  185,600.00     6.25     966.67   10/1/2004           80      0-29      6ML        4.125
4000167231       359      405,000.00  404,633.87      6.5   2,559.88   10/1/2004           90      0-29      6ML        4.875
34574830         357      292,000.00  291,241.52     6.75   1,893.91    9/1/2004         94.5      0-29      6ML        5.375
34827154         359      165,000.00  164,894.38     8.25   1,239.60   11/1/2004         92.7      0-29      6ML          6.5
4000175420       359      199,800.00  199,687.99    8.875   1,589.70   10/1/2004           90      0-29      6ML        7.375
35128461         359      200,000.00  199,823.54    6.625   1,280.63   10/1/2004        84.03      0-29      6ML            5
34649053         359       59,850.00   59,811.83     8.25     449.64   10/1/2004           90      0-29      FIX            0
35249929         359      134,000.00  134,000.00    5.875     656.04   10/1/2004           80      0-29      6ML          3.5
34240481         359       93,600.00   93,528.77    7.375     646.48   10/1/2004           80      0-29      6ML        3.625
4000170450       359      530,500.00  530,500.00    6.625   2,928.80   10/1/2004           90      0-29      6ML         5.25
4000159727       359      114,000.00  113,894.42    6.375     711.21   10/1/2004        54.42      0-29      FIX            0
4000164678       358      108,000.00  108,000.00     8.25      742.5    9/1/2004           90      0-29      6ML        6.375
35363522         359      101,500.00  101,500.00     6.25     528.65   10/1/2004        79.98      0-29      6ML            4
34789719         359      500,000.00  500,000.00    5.875   2,447.92   10/1/2004        78.49      0-29      6ML        3.875
34370759         358      295,000.00  294,676.51        9   2,373.64    9/1/2004          100      0-29      6ML        6.125
35188762         359      426,500.00  426,213.24     7.99   3,126.54   10/1/2004         81.7      0-29      6ML        6.625
34759746         359      203,150.00  203,150.00      6.5   1,100.40   10/1/2004           85      0-29      6ML            5
35189364         359      220,000.00  219,852.08     7.99   1,612.75   10/1/2004        84.62      0-29      6ML         6.25
35206705         359      193,500.00  193,500.00      7.5   1,209.38   10/1/2004        89.58      0-29      6ML        5.625
4000171200       359      117,000.00  116,921.48    7.999     858.42   10/1/2004           90      0-29      6ML         5.75
34695197         359      117,000.00  117,000.00     8.75     853.13   10/1/2004           90      0-29      6ML          6.5
34831024         359      121,600.00  121,505.14     7.25     829.53   10/1/2004           80      0-29      6ML        5.125
4000160773       359      209,600.00  209,452.07     7.75   1,501.60   10/1/2004           80      0-29      6ML            5
34715607         359      646,000.00  646,000.00    6.625   3,566.46   10/1/2004           95      0-29      6ML        5.375
34798504         359      312,000.00  312,000.00     5.75   1,495.00   10/1/2004           80      0-29      6ML        3.875
4000164819       359      412,000.00  411,589.78    5.999   2,469.88   10/1/2004           80      0-29      FIX            0
4000164897       359      130,000.00  129,903.52      7.5     908.98   10/1/2004        72.22      0-29      6ML         5.25
35027051         358      174,000.00  173,734.37    7.375   1,201.78    9/1/2004        57.05      0-29      6ML        5.125
34663062         359      389,500.00  389,196.15     7.25   2,657.08   10/1/2004           95      0-29      6ML        6.125
34998369         359      156,200.00  156,200.00    5.375     699.65   10/1/2004           80      0-29      6ML         4.25
35126200         359       84,000.00   83,891.25    7.875     609.06   10/1/2004           80      0-29      6ML         5.75
35208271         359       98,500.00   98,500.00    7.125     584.84   10/1/2004          100      0-29      6ML         5.25
4000175997       359      152,950.00  152,950.00    6.875     876.28   10/1/2004           95      0-29      6ML          5.5
34721506         359      209,950.00  209,750.79     6.25   1,292.70   10/1/2004        63.62      0-29      6ML         4.25
34721985         359      260,000.00  260,000.00      5.5   1,191.67   10/1/2004           80      0-29      6ML        3.625
35123793         359      499,000.00  498,647.81     7.75   3,574.90   10/1/2004          100      0-29      6ML        6.375
35203785         359      485,000.00  485,000.00     8.25   3,334.38   10/1/2004          100      0-29      6ML        5.875
34864223         359       99,200.00   99,118.68        7     659.99   10/1/2004        94.03      0-29      6ML         5.75
4000176906       359      114,600.00  114,600.00    6.375     608.81   10/1/2004        79.97      0-29      6ML         4.75
35205715         359      475,000.00  475,000.00      7.5   2,968.75   10/1/2004           95      0-29      6ML        5.875
4000169936       359      233,600.00  233,600.00    5.875   1,143.67   10/1/2004        79.97      0-29      6ML          3.5
4000165460       359      332,000.00  332,000.00    5.875   1,625.42   10/1/2004           80      0-29      6ML        3.625
4000165677       358      151,160.00  151,160.00     6.75     850.28    9/1/2004           80      0-29      6ML        4.875
4000170375       359      383,900.00  383,900.00    5.875   1,879.51   10/1/2004           80      0-29      6ML        3.875
4000166085       358      155,950.00  155,950.00        7     909.71   10/1/2004        84.99      0-29      6ML         5.75
34854570         358       95,200.00   95,051.01     7.25     649.44    9/1/2004        93.33      0-29      6ML            5
35078955         359      335,000.00  335,000.00    6.125   1,709.90   10/1/2004        79.99      0-29      6ML        4.125
34654186         359      125,600.00  125,600.00    6.875     719.58   10/1/2004           80      0-29      6ML         4.75
35202001         359      206,400.00  206,400.00    6.375   1,096.50   10/1/2004           80      0-29      6ML          3.5
34644427         358       85,900.00   85,790.07     8.25     645.34    9/1/2004        89.95      0-29      6ML         6.25
34966309         359      250,000.00  249,779.43    6.625   1,600.78   10/1/2004          100      0-29      6ML        5.125
34899203         358      116,000.00  116,000.00    8.375     809.58    9/1/2004        77.33      0-29      6ML            6
35127182         359      216,000.00  215,843.66    7.625   1,528.84   10/1/2004           80      0-29      6ML            5
35185305         359      202,000.00  201,803.66    6.125   1,227.38   10/1/2004           80      0-29      6ML          4.5
4000169940       359      184,000.00  184,000.00    6.875   1,054.17   10/1/2004           80      0-29      6ML          4.5
4000161154       358      274,400.00  274,400.00    5.875   1,343.42    9/1/2004           80      0-29      6ML            4
34992636         359      157,500.00  157,500.00     6.25     820.31   10/1/2004           90      0-29      6ML            5
34827865         359      280,000.00  280,000.00    6.625   1,545.83   10/1/2004           80      0-29      6ML        4.875
4000171005       359      196,500.00  196,500.00      6.5   1,064.38   10/1/2004         78.6      0-29      6ML            4
34068437         356      500,000.00  500,000.00    5.625   2,359.17    9/1/2004        76.61      0-29      6ML        4.875

<CAPTION>
             INITIAL  PERIODIC                           PREPAYMENT
  LOANID       CAP      CAP       FLOOR    CEILING          TERM                                PREPAYMENT PENALTY
--------------------------------------------------------------------------------------------------------------------------
<S>             <C>      <C>      <C>       <C>              <C>                        <C>
4000174517      3        1        8.125     14.125           24                              6 mo.s interest less 20% obal
4000169365      3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
33861220        3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
4000171010      3        1         6.75      12.75           36                              6 mo.s interest less 20% obal
34965475        3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
34995175        3        1        6.625     12.625           36                         min (2% prepaid, 60 days interest)
35270610        3        1          6.5       12.5           12                              6 mo.s interest less 20% obal
34855098        3        1          6.5       12.5           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35102672        3        1         7.75      13.75           24                              6 mo.s interest less 20% obal
35198514        3        1        6.375     12.375           36                              6 mo.s interest less 20% obal
34608406        3        1        5.375     11.375           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35013721        3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
33796012        3        1        5.375     11.375           24                              6 mo.s interest less 20% obal
4000169461      0        0            0          0           36                              6 mo.s interest less 20% obal
35231711        3        1          6.5       12.5           36                              6 mo.s interest less 20% obal
4000174046      3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
35246784        3        1         8.25      14.25           36                              6 mo.s interest less 20% obal
34848069        0        0            0          0            0                                                       None
4000166961      3        1         5.75      11.75           36                              6 mo.s interest less 20% obal
4000166925      3        1          8.5       14.5           24                              6 mo.s interest less 20% obal
34381913        0        0            0          0            0                                                       None
35156116        3        1         7.25      13.25           36                              6 mo.s interest less 20% obal
33780917        3        1        7.625     13.625            0                                                       None
4000169612      3        1         5.75      11.75           36                              6 mo.s interest less 20% obal
34689828        3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
4000172137      3        1          6.5       12.5            0                                                       None
35208164        3        1         6.99      12.99           24                              6 mo.s interest less 20% obal
35304732        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
4000167223      3        1        7.625     13.625           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000159449      3        1          6.5       12.5           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35025667        1        1        5.875     11.875           24                              6 mo.s interest less 20% obal
4000165099      3        1          7.5       13.5           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34832212        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
33593062        0        0            0          0           36                              6 mo.s interest less 20% obal
4000160737      3        1        5.375     11.375           24                              6 mo.s interest less 20% obal
35145614        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
34986448        3        1        6.875     12.875           36                         min (2% prepaid, 60 days interest)
35080266        3        1          8.5       14.5            0                                                       None
35161280        3        1         7.25      13.25            0                                                       None
34927814        3        1         7.25      13.25           36                              6 mo.s interest less 20% obal
4000165218      3        1        7.375     13.375           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34990499        1        1        5.375     11.375           36                         min (2% prepaid, 60 days interest)
34758904        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
35073162        3        1         6.25      12.25            0                                                       None
4000160190      3        1          6.5       12.5           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34757450        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
4000167231      3        1          6.5       12.5            0                                                       None
34574830        3        1         6.75      12.75           12                              6 mo.s interest less 20% obal
34827154        3        1         8.25      14.25           24                              6 mo.s interest less 20% obal
4000175420      3        1        8.875     14.875           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35128461        3        1        6.625     12.625           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34649053        0        0            0          0            0                                                       None
35249929        3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
34240481        3        1        7.375     13.375            0                                                       None
4000170450      3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
4000159727      0        0            0          0            0                                                       None
4000164678      3        1         8.25      14.25           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35363522        3        1         6.25      12.25           36                              6 mo.s interest less 20% obal
34789719        3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
34370759        3        1            9         15            0                                                       None
35188762        3        1         7.99      13.99           24                              6 mo.s interest less 20% obal
34759746        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
35189364        3        1         7.99      13.99           24                              6 mo.s interest less 20% obal
35206705        3        1          7.5       13.5           12                              6 mo.s interest less 20% obal
4000171200      3        1        7.999     13.999           24                              6 mo.s interest less 20% obal
34695197        3        1         8.75      14.75           24                              6 mo.s interest less 20% obal
34831024        3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
4000160773      3        1         7.75      13.75           12                              6 mo.s interest less 20% obal
34715607        3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
34798504        3        1         5.75      11.75           24                              6 mo.s interest less 20% obal
4000164819      0        0            0          0           36                              6 mo.s interest less 20% obal
4000164897      3        1          7.5       13.5            0                                                       None
35027051        3        1        7.375     13.375           36                              6 mo.s interest less 20% obal
34663062        3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
34998369        3        1        5.375     11.375           36                              6 mo.s interest less 20% obal
35126200        3        1        7.875     13.875           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35208271        3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
4000175997      3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
34721506        3        1         6.25      12.25           36                              6 mo.s interest less 20% obal
34721985        3        1          5.5       11.5           24                              6 mo.s interest less 20% obal
35123793        3        1         7.75      13.75           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35203785        3        1         8.25      14.25           24                              6 mo.s interest less 20% obal
34864223        3        1            7         13            0                                                       None
4000176906      3        1        6.375     12.375           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35205715        3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
4000169936      3        1        5.875     11.875           36                              6 mo.s interest less 20% obal
4000165460      3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
4000165677      3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
4000170375      3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
4000166085      3        1            7         13           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34854570        3        1         7.25      13.25            0                                                       None
35078955        3        1        6.125     12.125            0                                                       None
34654186        3        1        6.875     12.875           36                              6 mo.s interest less 20% obal
35202001        3        1        6.375     12.375           12                              6 mo.s interest less 20% obal
34644427        3        1         8.25      14.25           24                              6 mo.s interest less 20% obal
34966309        3        1        6.625     12.625            0                                                       None
34899203        3        1        8.375     14.375           24                              6 mo.s interest less 20% obal
35127182        3        1        7.625     13.625           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35185305        3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
4000169940      3        1        6.875     12.875           36                              6 mo.s interest less 20% obal
4000161154      3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
34992636        3        1         6.25      12.25           36                         min (2% prepaid, 60 days interest)
34827865        3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
4000171005      3        1          6.5       12.5           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34068437        3        1        5.625     11.625           36                              6 mo.s interest less 20% obal

<CAPTION>
                                              PAYMENT
              FIRST RATE      RATE RESET       RESET                                  MI
  LOANID      RESET DATE       FREQUENCY     FREQUENCY  PURPOSE   DIV  IO    IOTERM  FLAG
-----------------------------------------------------------------------------------------
<S>           <C>                  <C>            <C>  <C>         <C>  <C>    <C>    <C>
4000174517      9/1/2006           6              6    Purchase    N    Y      60     N
4000169365      9/1/2006           6              6    R/T Refi    N    N       0     Y
33861220        8/1/2006           6              6    Purchase    N    Y      60     N
4000171010      9/1/2006           6              6    R/T Refi    N    N       0     Y
34965475        9/1/2006           6              6    Purchase    N    N       0     N
34995175        9/1/2009           6              6    C/O Refi    N    Y      60     Y
35270610        9/1/2006           6              6    Purchase    N    Y      60     N
34855098        9/1/2009           6              6    Purchase    N    Y      60     N
35102672        9/1/2006           6              6    Purchase    N    N       0     Y
35198514        9/1/2009           6              6    Purchase    N    Y      60     N
34608406        9/1/2006           6              6    Purchase    N    N       0     N
35013721        9/1/2006           6              6    C/O Refi    N    Y      60     N
33796012        9/1/2006           6              6    Purchase    N    Y      60     N
4000169461    00/00/0000           0              0    C/O Refi    N    N       0     Y
35231711        9/1/2006           6              6    Purchase    N    N       0     N
4000174046      9/1/2006           6              6    Purchase    N    Y      60     N
35246784        9/1/2007           6              6    Purchase    N    N       0     N
34848069      00/00/0000           0              0    Purchase    N    N       0     Y
4000166961      9/1/2007           6              6    R/T Refi    N    N       0     N
4000166925      9/1/2006           6              6    C/O Refi    N    Y      60     Y
34381913      00/00/0000           0              0    Purchase    N    N       0     Y
35156116        9/1/2009           6              6    Purchase    N    Y      60     N
33780917        9/1/2007           6              6    Purchase    N    N       0     Y
4000169612      9/1/2006           6              6    R/T Refi    N    N       0     N
34689828        9/1/2006           6              6    Purchase    N    N       0     Y
4000172137      9/1/2007           6              6    R/T Refi    N    N       0     N
35208164        9/1/2006           6              6    C/O Refi    N    Y      60     N
35304732        9/1/2009           6              6    Purchase    N    Y      60     N
4000167223      9/1/2007           6              6    C/O Refi    N    Y      60     Y
4000159449      9/1/2007           6              6    R/T Refi    N    N       0     N
35025667        3/1/2005           6              6    Purchase    N    N       0     Y
4000165099      9/1/2006           6              6    Purchase    N    N       0     Y
34832212        9/1/2006           6              6    Purchase    N    N       0     N
33593062      00/00/0000           0              0    Purchase    N    N       0     N
4000160737      8/1/2006           6              6    Purchase    N    N       0     N
35145614        8/1/2009           6              6    Purchase    N    Y      60     N
34986448        9/1/2006           6              6    Purchase    N    Y      60     N
35080266        9/1/2006           6              6    Purchase    N    N       0     N
35161280        9/1/2009           6              6    Purchase    N    Y      60     N
34927814        8/1/2007           6              6    C/O Refi    N    Y      60     N
4000165218      9/1/2006           6              6    Purchase    N    N       0     N
34990499        3/1/2005           6              6    C/O Refi    N    Y      60     N
34758904        8/1/2006           6              6    Purchase    N    N       0     N
35073162        9/1/2007           6              6    Purchase    N    Y      60     N
4000160190      8/1/2006           6              6    C/O Refi    N    Y      60     N
34757450        8/1/2006           6              6    Purchase    N    Y      60     N
4000167231      9/1/2007           6              6    C/O Refi    N    N       0     Y
34574830        7/1/2006           6              6    R/T Refi    N    N       0     N
34827154        9/1/2006           6              6    C/O Refi    N    N       0     Y
4000175420      9/1/2006           6              6    R/T Refi    N    N       0     N
35128461        9/1/2006           6              6    C/O Refi    N    N       0     Y
34649053      00/00/0000           0              0    Purchase    N    N       0     Y
35249929        9/1/2009           6              6    Purchase    N    Y      60     N
34240481        9/1/2006           6              6    Purchase    N    N       0     N
4000170450      9/1/2006           6              6    Purchase    N    Y      60     Y
4000159727    00/00/0000           0              0    R/T Refi    N    N       0     N
4000164678      8/1/2006           6              6    C/O Refi    N    Y      60     N
35363522        9/1/2007           6              6    Purchase    N    Y      60     N
34789719        9/1/2006           6              6    Purchase    N    Y      60     N
34370759        8/1/2006           6              6    Purchase    N    N       0     N
35188762        9/1/2006           6              6    C/O Refi    N    N       0     N
34759746        9/1/2006           6              6    Purchase    N    Y      60     Y
35189364        9/1/2006           6              6    C/O Refi    N    N       0     Y
35206705        9/1/2006           6              6    Purchase    N    Y      60     N
4000171200      9/1/2006           6              6    R/T Refi    N    N       0     N
34695197        9/1/2006           6              6    C/O Refi    N    Y      60     N
34831024        9/1/2006           6              6    Purchase    N    N       0     N
4000160773      9/1/2006           6              6    R/T Refi    N    N       0     N
34715607        9/1/2006           6              6    Purchase    N    Y      60     Y
34798504        9/1/2006           6              6    Purchase    N    Y      60     N
4000164819    00/00/0000           0              0    Purchase    N    N       0     N
4000164897      9/1/2007           6              6    R/T Refi    N    N       0     N
35027051        8/1/2007           6              6    C/O Refi    N    N       0     N
34663062        9/1/2006           6              6    Purchase    N    N       0     Y
34998369        9/1/2006           6              6    Purchase    N    Y      60     N
35126200        9/1/2006           6              6    Purchase    N    N       0     N
35208271        9/1/2006           6              6    Purchase    N    Y      60     N
4000175997      9/1/2006           6              6    Purchase    N    Y      60     Y
34721506        9/1/2007           6              6    C/O Refi    N    N       0     N
34721985        9/1/2006           6              6    Purchase    N    Y      60     N
35123793        9/1/2006           6              6    Purchase    N    N       0     Y
35203785        9/1/2006           6              6    Purchase    N    Y      60     N
34864223        9/1/2007           6              6    Purchase    N    N       0     Y
4000176906      9/1/2006           6              6    Purchase    N    Y      60     N
35205715        9/1/2006           6              6    C/O Refi    N    Y      60     Y
4000169936      9/1/2009           6              6    Purchase    N    Y      60     N
4000165460      9/1/2006           6              6    Purchase    N    Y      60     N
4000165677      8/1/2006           6              6    Purchase    N    Y      60     N
4000170375      9/1/2006           6              6    Purchase    N    Y      60     N
4000166085      8/1/2006           6              6    Purchase    N    Y      60     N
34854570        8/1/2006           6              6    C/O Refi    N    N       0     Y
35078955        9/1/2007           6              6    Purchase    N    Y      60     N
34654186        9/1/2007           6              6    Purchase    N    Y      60     N
35202001        9/1/2006           6              6    Purchase    N    Y      60     N
34644427        8/1/2006           6              6    C/O Refi    N    N       0     Y
34966309        9/1/2006           6              6    Purchase    N    N       0     N
34899203        8/1/2006           6              6    C/O Refi    N    Y      60     N
35127182        9/1/2006           6              6    R/T Refi    N    N       0     N
35185305        9/1/2006           6              6    Purchase    N    N       0     N
4000169940      9/1/2009           6              6    C/O Refi    N    Y      60     N
4000161154      8/1/2006           6              6    Purchase    N    Y      60     N
34992636        9/1/2006           6              6    C/O Refi    N    Y      60     Y
34827865        9/1/2006           6              6    Purchase    N    Y      60     N
4000171005      9/1/2009           6              6    C/O Refi    N    Y      60     N
34068437        6/1/2006           6              6    Purchase    N    Y      60     N
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
                                                          PROPERTY                    ORIGINAL ORIGINATION  FIRST PAY   MATURITY
  LOANID              CITY                 ZIP    STATE     TYPE       OCCUPANCY        TERM      DATE        DATE        DATE
--------------------------------------------------------------------------------------------------------------------------------
<S>           <C>                         <C>       <C>   <C>        <C>                <C>     <C>         <C>         <C>
34866921      PITTSFORD                   14534     NY       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34862771      TROY                        12182     NY    Units 2-4     Investor        360      8/4/2004   10/1/2004   9/1/2034
33460718      JACKSON                      8527     NJ      Condo    Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
4000150584    ST. ALBANS                   5478     VT       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34866665      TROY                        12180     NY       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34971911      MUNCIE                      47303     IN       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
4000157681    TOBYHANNA                   18466     PA       SFR       Second Home      360      8/6/2004   10/1/2004   9/1/2034
34523282      GROVE                       74344     OK       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34514596      HILLIARD                    43026     OH       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
34528521      NORTH LITTLE ROCK           72118     AR       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34857383      ALSIP                       60803     IL       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
34962613      PITCAIRN                    15140     PA       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000164898    DETROIT                     48205     MI       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000170107    DETROIT                     48205     MI       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
33019787      LOGANSPORT                  46947     IN       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35190479      (NORTHRIDGE AREA) LOS ANGE  91326     CA       PUD     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
35131952      WESTCHESTER                 60154     IL       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
4000161145    VICTORVILLE                 92392     CA       PUD     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
34571422      BRIGHTON                    80602     CO       PUD     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
4000154637    TUNNEL HILL                 30755     GA       SFR     Owner Occupied     360     6/29/2004    8/1/2004   7/1/2034
35006923      DENVER                      80205     CO    Condo >4   Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
4000164920    FAIRPORT HARBOR             44077     OH       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
35229186      POMPANO BEACH               33064     FL       PUD     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35223874      JACKSONVILLE                32277     FL       PUD     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
4000137142    BRONX                       10465     NY       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
4000175107    LODI                        95240     CA       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35125400      STEGER                      60475     IL       SFR     Owner Occupied     180     8/23/2004   10/1/2004   9/1/2019
35029040      RIALTO                      92376     CA       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
34987321      ROSEMOUNT                   55068     MN       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
34373985      TOMS RIVER                   8753     NJ       SFR     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
34861492      CHICAGO                     60639     IL    Units 2-4  Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
34753087      FREDERICKSBURG              22405     VA       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
35204700      WHITTIER                    90602     CA      Condo    Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
35304070      LAS VEGAS                   89121     NV       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35188085      FOUNTAIN VALLEY             92708     CA       PUD     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
34889790      DELAND                      32724     FL       SFR     Owner Occupied     360     7/27/2004    9/1/2004   8/1/2034
34479568      HACIENDA HEIGHTS            91745     CA       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
35267228      SAN DIEGO                   92109     CA      Condo    Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
4000173996    HOLLYWOOD                   33024     FL       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
35209204      SACRAMENTO                  95842     CA       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
34659979      SAINT LOUIS                 63137     MO       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34509190      UHRICHSVILLE                44683     OH       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
4000161615    ASHLAND                     44805     OH       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34973164      CANAL FULTON                44614     OH       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
35150226      BOLIVAR                     38008     TN       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
34978965      ELIZABETHTOWN               42701     KY       SFR     Owner Occupied     180      8/3/2004   10/1/2004   9/1/2019
34937151      VANCOUVER                   98682     WA       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
4000146993    GARDENA                     90248     CA      Condo    Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
4000147049    MORTON GROVE                60053     IL      Condo    Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
4000174268    COLUMBUS                    43211     OH       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
35104819      BURNET                      78611     TX       SFR     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
35153873      SNELLVILLE                  30039     GA       PUD     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
4000168932    NASHUA                       3063     NH      Condo    Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34965400      ROCHESTER                   55904     MN       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34698407      NICEVILLE                   32578     FL       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
34741199      LAYTON                      84041     UT       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
4000173711    GRAND RAPIDS                49548     MI       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000179685    HOUSTON                     77077     TX       PUD     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34964676      CINCINNATI                  45231     OH       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
4000162452    HENDERSON                   89074     NV       PUD       Second Home      360     8/20/2004   10/1/2004   9/1/2034
34080283      LAS VEGAS                   89110     NV       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
35155563      BREMEN                      30110     GA       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
35068832      GREENVILLE                  29617     SC       SFR     Owner Occupied     360      8/3/2004    9/1/2004   8/1/2034
34756437      ALEXANDRIA                  22304     VA    Condo >4   Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
35109081      FORT WORTH                  76137     TX       SFR     Owner Occupied     360      8/5/2004    9/1/2004   8/1/2034
35245968      KATY                        77493     TX       PUD     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
4000169892    NEW BEDFORD                  2740     MA    Units 2-4  Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
35027754      FAIROAKS RANCH              91387     CA      Condo    Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
34021345      KATY                        77449     TX       PUD     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
35125954      ROCKFORD                    61104     IL       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35145135      MARIETTA                    30068     GA       PUD     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
34978452      LEXINGTON                   40505     KY       SFR     Owner Occupied     360     7/28/2004   10/1/2004   9/1/2034
34374504      ELIZABETH                    7201     NJ    Units 2-4  Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
4000168154    MIAMI                       33165     FL       SFR     Owner Occupied     360      8/5/2004    9/1/2004   8/1/2034
4000175512    SACRAMENTO                  95826     CA       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
4000162609    PORT ANGELES                98362     WA       SFR     Owner Occupied     360     7/26/2004    9/1/2004   8/1/2034
35110345      HOUSTON                     77069     TX       PUD     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34825620      UXBRIDGE                     1569     MA      Condo    Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
34871061      TONAWANDA                   14217     NY       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
35403989      LOCUST GROVE                30248     GA       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
35402171      ATLANTA                     30349     GA       PUD     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
4000162437    VERMILION                   44089     OH       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000168787    BAKERSFIELD                 93313     CA       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000171561    WATERFORD                   48328     MI       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
34921841      MURFREESBORO                37130     TN       SFR     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
34241331      PHOENIX                     85051     AZ       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35076439      BEAUFORT                    29906     SC       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34976480      CINCINNATI                  45251     OH       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
35148618      ALPHARETTA                  30022     GA       SFR        Investor        360     8/13/2004   10/1/2004   9/1/2034
35127687      CHICAGO                     60625     IL       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
4000162690    MINNEAPOLIS                 55407     MN       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
34656090      MILWAUKEE                   53219     WI       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35108422      IRVING                      75038     TX      Condo    Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
4000176681    MERRITT ISLAND              32953     FL       PUD     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34697763      SUNRISE                     33313     FL       SFR     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
35073022      CLAYTON                     27527     NC       PUD     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
34728923      ROY                         84067     UT      Condo    Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
4000161358    SALISBURY                   28146     NC       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
4000170715    REVERE                       2151     MA    Units 2-4  Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34962795      BENTLEVILLE                 15314     PA       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
4000167560    SAN JOSE                    95148     CA       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
35153469      LINDALE                     30147     GA       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35136654      ROMEOVILLE                  60446     IL       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34863316      WHITEHALL                   12887     NY    Units 2-4  Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34481739      SYLMAR                      91342     CA      Condo    Owner Occupied     360      7/8/2004    9/1/2004   8/1/2034

<CAPTION>
                                                                                      ORIGINAL
                                                                                      COMBAINED
              REMAINING     ORIGINAL   SCHEDULED                       PAID THRU       LOAN TO      OTS
  LOANID        TERM        BALANCE     BALANCE      RATE      P&I        DATE          VALUE   DELINQUENCY INDEX       MARGIN
------------------------------------------------------------------------------------------------------------------------------
<S>              <C>      <C>         <C>           <C>     <C>        <C>              <C>        <C>       <C>        <C>
34866921         359      544,000.00  543,586.05    7.375   3,757.28   10/1/2004           80      0-29      FIX            0
34862771         359       63,600.00   63,517.38    7.875     461.15   10/1/2004           80      0-29      6ML        3.875
33460718         359      176,300.00  176,300.00     7.25   1,065.15   10/1/2004        84.76      0-29      6ML         5.75
4000150584       359      112,800.00  112,800.00     5.75      540.5   10/1/2004           80      0-29      6ML        3.875
34866665         359      165,000.00  164,857.94     6.75   1,070.19   10/1/2004        58.51      0-29      6ML         4.75
34971911         359       55,100.00   55,055.94    7.125     371.22   10/1/2004           95      0-29      6ML          5.5
4000157681       359      131,350.00  131,350.00    6.999      766.1   10/1/2004        94.97      0-29      6ML        5.125
34523282         359      119,850.00  119,758.80    7.375     827.78   10/1/2004           85      0-29      6ML        6.125
34514596         359      114,750.00  114,662.68    7.375     792.55   10/1/2004           85      0-29      6ML          5.5
34528521         359      110,800.00  110,800.00    5.625     519.38   10/1/2004           80      0-29      6ML        4.125
34857383         359      135,500.00  135,500.00     7.99      902.2   10/1/2004        83.13      0-29      6ML        5.625
34962613         359       53,600.00   53,571.47    9.125     436.11   10/1/2004           80      0-29      FIX            0
4000164898       359       99,000.00   99,000.00    7.875     649.69   10/1/2004           90      0-29      6ML        6.125
4000170107       359       76,000.00   75,951.54     8.25     570.96   10/1/2004        84.44      0-29      6ML        6.625
33019787         359       79,000.00   78,954.54     8.75      621.5   10/1/2004          100      0-29      6ML         6.75
35190479         359      480,000.00  480,000.00      6.5   2,600.00   10/1/2004           80      0-29      6ML         4.75
35131952         359      251,750.00  251,576.74    7.875   1,825.37   10/1/2004           95      0-29      6ML        6.125
4000161145       359      150,000.00  149,853.59    7.125   1,010.58   10/1/2004        66.67      0-29      FIX            0
34571422         359      520,000.00  519,417.31    5.375   2,911.86   10/1/2004           80      0-29      6ML         3.75
4000154637       357      152,000.00  151,988.33    6.625     839.17    9/1/2004           80      0-29      FIX            0
35006923         358      184,800.00  184,800.00     6.75   1,039.50    9/1/2004           80      0-29      6ML        4.375
4000164920       359      104,000.00  103,926.60     7.75     745.07   10/1/2004           80      0-29      6ML        5.625
35229186         359       73,500.00   73,500.00    7.375     451.72   10/1/2004        41.53      0-29      6ML        4.875
35223874         359       98,550.00   98,490.29      8.5     757.77   10/1/2004        70.39      0-29      FIX            0
4000137142       359      300,000.00  300,000.00     6.75   1,687.50   10/1/2004           80      0-29      6ML        4.375
4000175107       359      260,050.00  260,050.00     8.75   1,896.20   10/1/2004           90      0-29      6ML         7.25
35125400         179       76,000.00   75,754.96     6.75     672.54   10/1/2004        92.68      0-29      FIX            0
35029040         359      215,200.00  215,200.00     6.25   1,120.83   10/1/2004           80      0-29      6ML         4.25
34987321         359      202,400.00  202,400.00     6.75   1,138.50   10/1/2004           80      0-29      6ML            5
34373985         358      187,000.00  186,677.09     6.75   1,212.88    9/1/2004         75.4      0-29      6ML          4.5
34861492         359      240,000.00  239,812.77     7.25   1,637.23   10/1/2004           80      0-29      6ML          5.5
34753087         359      130,000.00  129,903.52      7.5     908.98   10/1/2004        63.73      0-29      6ML          4.5
35204700         359      292,000.00  292,000.00    6.625   1,612.08   10/1/2004           80      0-29      6ML          4.5
35304070         359      212,000.00  212,000.00    7.625   1,347.08   10/1/2004           80      0-29      6ML          5.5
35188085         359      303,100.00  303,100.00     6.75   1,704.94   10/1/2004        79.99      0-29      6ML        4.875
34889790         358      110,500.00  110,362.16    8.375     839.88    9/1/2004        89.84      0-29      6ML        6.375
34479568         359      280,000.00  280,000.00    7.625   1,779.17   10/1/2004        71.79      0-29      6ML         5.25
35267228         359      463,500.00  463,500.00    4.625   1,786.41   10/1/2004        79.37      0-29      6ML        2.875
4000173996       359      187,200.00  187,200.00    8.999   1,403.84   10/1/2004           90      0-29      6ML            7
35209204         359      224,500.00  224,311.39    6.875   1,474.81   10/1/2004        77.95      0-29      6ML        5.125
34659979         359       64,000.00   63,958.13    8.125      475.2   10/1/2004           80      0-29      6ML         5.75
34509190         359       52,200.00   52,200.00    6.625     288.19   10/1/2004           90      0-29      6ML        5.125
4000161615       359       81,000.00   80,945.64    7.999     594.29   10/1/2004           90      0-29      6ML        6.375
34973164         359       94,400.00   94,335.03    7.875     684.47   10/1/2004           80      0-29      6ML        6.375
35150226         359       42,000.00   42,000.00        8        280   10/1/2004           70      0-29      6ML         5.25
34978965         179      107,400.00  107,089.62        8   1,026.38   10/1/2004        81.98      0-29      FIX            0
34937151         359      153,000.00  152,902.44     8.25   1,149.44   10/1/2004           90      0-29      6ML          6.5
4000146993       359      224,000.00  224,000.00    5.999   1,119.81   10/1/2004           80      0-29      6ML        4.125
4000147049       359      314,400.00  314,071.75     5.75   1,834.75   10/1/2004           80      0-29      6ML        3.375
4000174268       359       76,000.00   75,946.36     7.75     544.47   10/1/2004           95      0-29      FIX            0
35104819         359       78,950.00   78,902.17      8.5     607.06   10/1/2004        79.99      0-29      FIX            0
35153873         359      139,230.00  139,230.00    8.625   1,000.72   10/1/2004           90      0-29      6ML        6.625
4000168932       359      184,000.00  183,876.54        8   1,350.13   10/1/2004           80      0-29      6ML         5.75
34965400         359      143,000.00  143,000.00     6.99     832.98   10/1/2004          100      0-29      6ML         5.25
34698407         359       78,000.00   77,953.95    8.625     606.68   10/1/2004           75      0-29      6ML        6.375
34741199         359      121,200.00  121,200.00    6.375     643.88   10/1/2004           80      0-29      6ML        4.375
4000173711       359      104,000.00  103,933.68     8.25     781.32   10/1/2004          100      0-29      6ML        5.875
4000179685       359      485,500.00  485,500.00    7.125   2,882.66   10/1/2004          100      0-29      6ML         5.75
34964676         359       90,750.00   90,689.10        8      665.9   10/1/2004        79.99      0-29      6ML        6.125
4000162452       359      209,000.00  208,815.60    6.625   1,338.25   10/1/2004           95      0-29      6ML         4.75
34080283         359      170,000.00  170,000.00    7.125   1,009.38   10/1/2004        77.27      0-29      6ML            4
35155563         359      234,000.00  234,000.00      8.5   1,657.50   10/1/2004           90      0-29      6ML          6.5
35068832         358       63,200.00   63,128.87    8.875     502.85    9/1/2004           80      0-29      6ML         6.75
34756437         358      135,500.00  135,303.22    7.625     959.07    9/1/2004        88.56      0-29      6ML         5.75
35109081         358       95,000.00   94,827.76      6.5     600.47   10/1/2004        79.23      0-29      FIX            0
35245968         359      128,000.00  127,884.28      6.5     809.05   10/1/2004           80      0-29      FIX            0
4000169892       359      197,900.00  197,739.95    8.125   1,469.40   10/1/2004           90      0-29      6ML         5.25
35027754         358      392,000.00  392,000.00    6.125   2,000.83    9/1/2004        79.99      0-29      6ML        4.125
34021345         359      121,500.00  121,418.47        8     891.53   10/1/2004           90      0-29      6ML         6.25
35125954         359       58,000.00   57,958.01    7.625     410.53   10/1/2004         72.5      0-29      6ML            5
35145135         359      256,500.00  256,500.00    8.375   1,790.16   10/1/2004           90      0-29      6ML        6.875
34978452         359       55,000.00   54,960.19    7.625     389.29   10/1/2004        62.86      0-29      FIX            0
34374504         359      129,400.00  129,291.28    6.875     850.07   10/1/2004        41.74      0-29      6ML          4.5
4000168154       358      236,000.00  236,000.00    5.999   1,179.80    9/1/2004           80      0-29      6ML        4.125
4000175512       359      216,000.00  216,000.00    5.625   1,012.50   10/1/2004           80      0-29      6ML        3.625
4000162609       358      104,000.00  103,811.45      6.5     657.35   10/1/2004        70.75      0-29      6ML        4.125
35110345         359      148,000.00  147,895.53     7.75   1,060.30   10/1/2004           80      0-29      FIX            0
34825620         359      162,000.00  162,000.00        8   1,080.00   10/1/2004           90      0-29      6ML            6
34871061         359       71,500.00   71,449.53     7.75     512.24   10/1/2004          100      0-29      FIX            0
35403989         359       63,920.00   63,920.00     6.75     359.55   10/1/2004           80      0-29      6ML         4.75
35402171         359      194,824.00  194,824.00        6     974.12   10/1/2004           80      0-29      6ML        4.125
4000162437       359      104,850.00  104,772.18      7.5     733.13   10/1/2004           90      0-29      6ML        6.125
4000168787       359      212,000.00  211,798.85     6.25   1,305.32   10/1/2004           80      0-29      FIX            0
4000171561       359      132,800.00  132,800.00      7.5        830   10/1/2004           80      0-29      6ML        5.625
34921841         358      108,000.00  107,881.56        9        869    9/1/2004           90      0-29      FIX            0
34241331         359      138,600.00  138,600.00    7.125     822.94   10/1/2004           90      0-29      6ML         5.25
35076439         359      109,900.00  109,900.00    7.125     652.53   10/1/2004          100      0-29      6ML          5.5
34976480         359       72,250.00   72,201.41     7.99     529.65   10/1/2004           85      0-29      6ML        4.875
35148618         359      121,590.00  121,590.00    7.375     747.27   10/1/2004           90      0-29      6ML        4.875
35127687         359      525,000.00  524,385.80     5.75   3,063.76   10/1/2004        60.34      0-29      6ML          3.5
4000162690       359      100,000.00  100,000.00    6.125     510.42   10/1/2004           80      0-29      6ML         3.75
34656090         359      162,000.00  161,904.36    8.625   1,260.02   10/1/2004        98.18      0-29      6ML        6.375
35108422         359       94,400.00   94,314.65      6.5     596.68   10/1/2004           80      0-29      FIX            0
4000176681       359      488,750.00  488,750.00      6.5   2,647.40   10/1/2004           85      0-29      6ML          4.5
34697763         358      108,000.00  107,858.13     8.25     811.37    9/1/2004        74.48      0-29      6ML            6
35073022         359      105,650.00  105,565.51    7.125     711.79   10/1/2004        79.98      0-29      6ML          5.5
34728923         359       43,200.00   43,173.14    8.375     328.36   10/1/2004           90      0-29      6ML        6.375
4000161358       359      127,100.00  127,100.00    6.999     741.31   10/1/2004        79.99      0-29      6ML          4.5
4000170715       359      409,000.00  408,711.33     7.75   2,930.13   10/1/2004        99.76      0-29      6ML         5.25
34962795         359       74,900.00   74,845.79    7.625     530.14   10/1/2004          100      0-29      6ML         6.25
4000167560       359      572,000.00  572,000.00    6.125   2,919.58   10/1/2004           80      0-29      6ML         4.25
35153469         359       70,300.00   70,252.83        8     515.84   10/1/2004           95      0-29      FIX            0
35136654         359      263,200.00  263,044.60    8.625   2,047.15   10/1/2004        99.99      0-29      6ML        5.375
34863316         359       37,800.00   37,771.94      7.5     264.31   10/1/2004           90      0-29      6ML         6.25
34481739         358      211,200.00  211,200.00    6.125   1,078.00    9/1/2004           80      0-29      6ML            4

<CAPTION>
             INITIAL  PERIODIC                           PREPAYMENT
  LOANID       CAP      CAP       FLOOR    CEILING          TERM                                PREPAYMENT PENALTY
--------------------------------------------------------------------------------------------------------------------------
<S>             <C>      <C>      <C>       <C>              <C>                        <C>
34866921        0        0            0          0           12                              6 mo.s interest less 20% obal
34862771        3        1        7.875     13.875            0                                                       None
33460718        3        1         7.25      13.25            0                                                       None
4000150584      3        1         5.75      11.75            0                                                       None
34866665        3        1         6.75      12.75            0                                                       None
34971911        3        1        7.125     13.125           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000157681      3        1        6.999     12.999           36                              6 mo.s interest less 20% obal
34523282        3        1        7.375     13.375           24                              6 mo.s interest less 20% obal
34514596        3        1        7.375     13.375           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34528521        3        1        5.625     11.625           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34857383        3        1         7.99      13.99           12                              3%/2%/1%-1st yr/2nd yr/3rd yr
34962613        0        0            0          0           36                              6 mo.s interest less 20% obal
4000164898      3        1        7.875     13.875           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000170107      3        1         8.25      14.25           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
33019787        3        1         8.75      14.75           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35190479        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
35131952        3        1        7.875     13.875           12                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000161145      0        0            0          0           36                              6 mo.s interest less 20% obal
34571422        3        1        5.375     11.375           24                              6 mo.s interest less 20% obal
4000154637      0        0            0          0            0                                                       None
35006923        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
4000164920      3        1         7.75      13.75           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35229186        3        1        7.375     13.375           36                              6 mo.s interest less 20% obal
35223874        0        0            0          0           36                              6 mo.s interest less 20% obal
4000137142      3        1         6.75      12.75            0                                                       None
4000175107      3        1         8.75      14.75           24                              6 mo.s interest less 20% obal
35125400        0        0            0          0            0                                                       None
35029040        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
34987321        3        1         6.75      12.75           24                         min (2% prepaid, 60 days interest)
34373985        3        1         6.75      12.75            0                                                       None
34861492        3        1         7.25      13.25           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34753087        3        1          7.5       13.5            0                                                       None
35204700        3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
35304070        3        1        7.625     13.625           24                              6 mo.s interest less 20% obal
35188085        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
34889790        3        1        8.375     14.375           24                              6 mo.s interest less 20% obal
34479568        3        1        7.625     13.625           24                              6 mo.s interest less 20% obal
35267228        1        1        4.625     10.625           24                              6 mo.s interest less 20% obal
4000173996      3        1        8.999     14.999           24                              6 mo.s interest less 20% obal
35209204        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
34659979        3        1        8.125     14.125           24                                                 2% prepaid
34509190        3        1        6.625     12.625           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000161615      3        1        7.999     13.999           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34973164        3        1        7.875     13.875           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35150226        3        1            8         14           24                              6 mo.s interest less 20% obal
34978965        0        0            0          0           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34937151        3        1         8.25      14.25           24                              6 mo.s interest less 20% obal
4000146993      3        1        5.999     11.999           24                              6 mo.s interest less 20% obal
4000147049      3        1         5.75      11.75           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000174268      0        0            0          0           36                                                 1% prepaid
35104819        0        0            0          0            0                                                       None
35153873        3        1        8.625     14.625            0                                                       None
4000168932      3        1            8         14           12                              6 mo.s interest less 20% obal
34965400        3        1         6.99      12.99           24                         min (2% prepaid, 60 days interest)
34698407        3        1        8.625     14.625           24                              6 mo.s interest less 20% obal
34741199        3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
4000173711      3        1         8.25      14.25           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000179685      3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
34964676        3        1            8         14           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000162452      3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
34080283        3        1        7.125     13.125            0                                                       None
35155563        3        1          8.5       14.5            0                                                       None
35068832        3        1        8.875     14.875            0                                                       None
34756437        3        1        7.625     13.625           24                              6 mo.s interest less 20% obal
35109081        0        0            0          0           36                              6 mo.s interest less 20% obal
35245968        0        0            0          0           36                              6 mo.s interest less 20% obal
4000169892      3        1        8.125     14.125           24                              6 mo.s interest less 20% obal
35027754        3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
34021345        3        1            8         14           24                              6 mo.s interest less 20% obal
35125954        3        1        7.625     13.625           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35145135        3        1        8.375     14.375            0                                                       None
34978452        0        0            0          0           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34374504        3        1        6.875     12.875            0                                                       None
4000168154      3        1        5.999     11.999           24                              6 mo.s interest less 20% obal
4000175512      3        1        5.625     11.625           24                              6 mo.s interest less 20% obal
4000162609      3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
35110345        0        0            0          0            0                                                       None
34825620        3        1            8         14           24                              6 mo.s interest less 20% obal
34871061        0        0            0          0           12                              6 mo.s interest less 20% obal
35403989        3        1         6.75      12.75            0                                                       None
35402171        3        1            6         12            0                                                       None
4000162437      3        1          7.5       13.5           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000168787      0        0            0          0           36                              6 mo.s interest less 20% obal
4000171561      3        1          7.5       13.5           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34921841        0        0            0          0           36                              6 mo.s interest less 20% obal
34241331        3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
35076439        3        1        7.125     13.125            0                                                       None
34976480        3        1         7.99      13.99           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35148618        3        1        7.375     13.375            0                                                       None
35127687        3        1         5.75      11.75           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000162690      3        1        6.125     12.125           36                         min (2% prepaid, 60 days interest)
34656090        3        1        8.625     14.625           24                              6 mo.s interest less 20% obal
35108422        0        0            0          0           36                              6 mo.s interest less 20% obal
4000176681      3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
34697763        3        1         8.25      14.25           24                              6 mo.s interest less 20% obal
35073022        3        1        7.125     13.125            0                                                       None
34728923        3        1        8.375     14.375           24                              6 mo.s interest less 20% obal
4000161358      3        1        6.999     12.999            0                                                       None
4000170715      3        1         7.75      13.75           36                              6 mo.s interest less 20% obal
34962795        3        1        7.625     13.625           24                              6 mo.s interest less 20% obal
4000167560      3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
35153469        0        0            0          0            0                                                       None
35136654        3        1        8.625     14.625            0                                                       None
34863316        3        1          7.5       13.5            0                                                       None
34481739        3        1        6.125     12.125           24                              6 mo.s interest less 20% obal

<CAPTION>
                                              PAYMENT
              FIRST RATE      RATE RESET       RESET                                  MI
  LOANID      RESET DATE       FREQUENCY     FREQUENCY  PURPOSE   DIV  IO    IOTERM  FLAG
-----------------------------------------------------------------------------------------
<S>           <C>                  <C>            <C>  <C>         <C>  <C>    <C>    <C>
34866921      00/00/0000           0              0    C/O Refi    N    N       0     N
34862771        9/1/2007           6              6    Purchase    N    N       0     N
33460718        9/1/2006           6              6    Purchase    N    Y      60     N
4000150584      9/1/2009           6              6    Purchase    N    Y      60     N
34866665        9/1/2007           6              6    C/O Refi    N    N       0     N
34971911        9/1/2006           6              6    C/O Refi    N    N       0     Y
4000157681      9/1/2007           6              6    Purchase    N    Y      60     Y
34523282        9/1/2006           6              6    Purchase    N    N       0     Y
34514596        9/1/2006           6              6    C/O Refi    N    N       0     N
34528521        9/1/2006           6              6    Purchase    N    Y      60     N
34857383        9/1/2006           6              6    R/T Refi    N    Y      60     N
34962613      00/00/0000           0              0    C/O Refi    N    N       0     N
4000164898      9/1/2007           6              6    R/T Refi    N    Y      60     N
4000170107      9/1/2006           6              6    C/O Refi    N    N       0     Y
33019787        9/1/2006           6              6    Purchase    N    N       0     N
35190479        9/1/2006           6              6    Purchase    N    Y      60     N
35131952        9/1/2006           6              6    C/O Refi    N    N       0     N
4000161145    00/00/0000           0              0    Purchase    N    N       0     N
34571422        9/1/2006           6              6    Purchase    N    N       0     N
4000154637    00/00/0000           0              0    Purchase    N    Y      60     N
35006923        8/1/2009           6              6    Purchase    N    Y      60     N
4000164920      9/1/2006           6              6    C/O Refi    N    N       0     N
35229186        9/1/2007           6              6    C/O Refi    N    Y      60     N
35223874      00/00/0000           0              0    Purchase    N    N       0     N
4000137142      9/1/2009           6              6    Purchase    N    Y      60     N
4000175107      9/1/2006           6              6    Purchase    N    Y      60     N
35125400      00/00/0000           0              0    C/O Refi    N    N       0     Y
35029040        9/1/2006           6              6    Purchase    N    Y      60     N
34987321        9/1/2006           6              6    Purchase    N    Y      60     N
34373985        8/1/2009           6              6    C/O Refi    N    N       0     N
34861492        9/1/2006           6              6    C/O Refi    N    N       0     N
34753087        9/1/2006           6              6    C/O Refi    N    N       0     N
35204700        9/1/2006           6              6    Purchase    N    Y      60     N
35304070        9/1/2006           6              6    C/O Refi    N    Y      60     N
35188085        9/1/2006           6              6    Purchase    N    Y      60     N
34889790        8/1/2006           6              6    C/O Refi    N    N       0     Y
34479568        9/1/2006           6              6    C/O Refi    N    Y      60     N
35267228        3/1/2005           6              6    C/O Refi    N    Y      60     N
4000173996      9/1/2006           6              6    C/O Refi    N    Y      60     N
35209204        9/1/2006           6              6    C/O Refi    N    N       0     N
34659979        9/1/2006           6              6    C/O Refi    N    N       0     N
34509190        9/1/2006           6              6    C/O Refi    N    Y      60     Y
4000161615      9/1/2006           6              6    R/T Refi    N    N       0     N
34973164        9/1/2006           6              6    Purchase    N    N       0     N
35150226        9/1/2006           6              6    C/O Refi    N    Y      60     N
34978965      00/00/0000           0              0    R/T Refi    N    N       0     Y
34937151        9/1/2006           6              6    C/O Refi    N    N       0     Y
4000146993      9/1/2006           6              6    Purchase    N    Y      60     N
4000147049      9/1/2009           6              6    Purchase    N    N       0     N
4000174268    00/00/0000           0              0    C/O Refi    N    N       0     Y
35104819      00/00/0000           0              0    C/O Refi    N    N       0     N
35153873        9/1/2007           6              6    Purchase    N    Y      60     N
4000168932      9/1/2006           6              6    C/O Refi    N    N       0     N
34965400        9/1/2006           6              6    C/O Refi    N    Y      60     N
34698407        9/1/2006           6              6    C/O Refi    N    N       0     N
34741199        9/1/2006           6              6    Purchase    N    Y      60     N
4000173711      9/1/2009           6              6    C/O Refi    N    N       0     N
4000179685      9/1/2006           6              6    Purchase    N    Y      60     N
34964676        9/1/2006           6              6    Purchase    N    N       0     N
4000162452      9/1/2009           6              6    Purchase    N    N       0     Y
34080283        9/1/2009           6              6    C/O Refi    N    Y      60     N
35155563        9/1/2007           6              6    C/O Refi    N    Y      60     N
35068832        8/1/2006           6              6    Purchase    N    N       0     N
34756437        8/1/2006           6              6    C/O Refi    N    N       0     Y
35109081      00/00/0000           0              0    Purchase    N    N       0     N
35245968      00/00/0000           0              0    Purchase    N    N       0     N
4000169892      9/1/2006           6              6    Purchase    N    N       0     Y
35027754        8/1/2006           6              6    Purchase    N    Y      60     N
34021345        9/1/2006           6              6    Purchase    N    N       0     Y
35125954        9/1/2006           6              6    C/O Refi    N    N       0     N
35145135        9/1/2006           6              6    C/O Refi    N    Y      60     N
34978452      00/00/0000           0              0    C/O Refi    N    N       0     N
34374504        9/1/2006           6              6    C/O Refi    N    N       0     N
4000168154      8/1/2006           6              6    Purchase    N    Y      60     N
4000175512      9/1/2006           6              6    Purchase    N    Y      60     N
4000162609      8/1/2006           6              6    C/O Refi    N    N       0     N
35110345      00/00/0000           0              0    C/O Refi    N    N       0     N
34825620        9/1/2006           6              6    Purchase    N    Y      60     N
34871061      00/00/0000           0              0    Purchase    N    N       0     N
35403989        9/1/2007           6              6    Purchase    N    Y      60     N
35402171        9/1/2007           6              6    Purchase    N    Y      60     N
4000162437      9/1/2006           6              6    Purchase    N    N       0     Y
4000168787    00/00/0000           0              0    R/T Refi    N    N       0     N
4000171561      9/1/2006           6              6    Purchase    N    Y      60     N
34921841      00/00/0000           0              0    C/O Refi    N    N       0     Y
34241331        9/1/2006           6              6    R/T Refi    N    Y      60     Y
35076439        9/1/2007           6              6    Purchase    N    Y      60     N
34976480        9/1/2006           6              6    R/T Refi    N    N       0     N
35148618        9/1/2007           6              6    Purchase    N    Y      60     Y
35127687        9/1/2006           6              6    C/O Refi    N    N       0     N
4000162690      9/1/2007           6              6    C/O Refi    N    Y      60     N
34656090        9/1/2006           6              6    C/O Refi    N    N       0     N
35108422      00/00/0000           0              0    Purchase    N    N       0     N
4000176681      9/1/2009           6              6    Purchase    N    Y      60     Y
34697763        8/1/2006           6              6    C/O Refi    N    N       0     N
35073022        9/1/2006           6              6    Purchase    N    N       0     N
34728923        9/1/2006           6              6    Purchase    N    N       0     N
4000161358      9/1/2009           6              6    Purchase    N    Y      60     N
4000170715      9/1/2006           6              6    Purchase    N    N       0     N
34962795        9/1/2006           6              6    Purchase    N    N       0     N
4000167560      9/1/2006           6              6    Purchase    N    Y      60     N
35153469      00/00/0000           0              0    Purchase    N    N       0     Y
35136654        9/1/2006           6              6    Purchase    N    N       0     N
34863316        9/1/2007           6              6    Purchase    N    N       0     N
34481739        8/1/2006           6              6    Purchase    N    Y      60     N
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
                                                          PROPERTY                    ORIGINAL ORIGINATION  FIRST PAY   MATURITY
  LOANID              CITY                 ZIP    STATE     TYPE       OCCUPANCY        TERM      DATE        DATE        DATE
--------------------------------------------------------------------------------------------------------------------------------
<S>           <C>                         <C>       <C>   <C>        <C>                <C>     <C>         <C>         <C>
35226836      MIAMI                       33193     FL       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
4000170848    DAVIE                       33331     FL       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34651133      LUTHER                      73054     OK       SFR     Owner Occupied     180     7/30/2004    9/1/2004   8/1/2019
33777889      AMITYVILLE                  11701     NY       SFR     Owner Occupied     360     5/28/2004    8/1/2004   7/1/2034
34521765      LOUISVILLE                  40245     KY       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
4000163178    ORANGE CITY                 32763     FL       SFR     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
35132646      LISLE                       60532     IL      Condo    Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
33175506      CLINTON                     49236     MI       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
34860049      LAPORTE                     46350     IN       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
34034439      DOUGLAS                      1516     MA      Condo    Owner Occupied     360     6/25/2004    8/1/2004   7/1/2034
35202225      MURRIETA                    92562     CA       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
34965657      CINCINNATI                  45223     OH       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35230358      PENSACOLA                   32504     FL       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
34987255      JEFFERSON                   50129     IA       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
34966507      LAWRENCEBURG                47025     IN       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34720292      BAKERSFIELD                 93308     CA       SFR        Investor        360      8/5/2004   10/1/2004   9/1/2034
4000167065    VISALIA                     93292     CA       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
35192152      ORANGE                      92869     CA       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
35012855      FORT COLLINS                80525     CO       PUD     Owner Occupied     360      8/6/2004    9/1/2004   8/1/2034
34829226      WARWICK                      2889     RI       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
35183029      HUNTINGTON BEACH            92647     CA       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35263268      TEMECULA                    92591     CA       PUD     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
4000174334    MIAMI                       33189     FL       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35161165      MEMPHIS                     38018     TN       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
35107838      FORT WORTH                  76247     TX       PUD     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
4000166088    HIGHLAND                    48356     MI       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
34975573      INDEPENDENCE                41051     KY       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
35090489      MIDDLETOWN                  45042     OH       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34694026      PLANTATION                  33317     FL       SFR     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
35191659      PEORIA                      85383     AZ       PUD     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
34858902      BURR RIDGE                  60527     IL       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
4000166967    ORANGEVALE                  95662     CA       SFR     Owner Occupied     360     7/27/2004    9/1/2004   8/1/2034
4000168091    WALLED LAKE                 48390     MI       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34782441      CHULA VISTA                 91914     CA       PUD     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
35208594      LEMON GROVE                 91945     CA       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
34930131      PUYALLUP                    98374     WA       SFR     Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
35014323      AURORA                      80011     CO       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
35286848      CLEMENTON                    8021     NJ       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34856989      HOMETOWN                    60456     IL       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
4000161448    WASHINGTON                   7882     NJ       SFR     Owner Occupied     360     7/28/2004   10/1/2004   9/1/2034
4000168820    MADISON                     53717     WI       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
34833087      LOWELL                       1851     MA    Units 2-4     Investor        360      8/6/2004   10/1/2004   9/1/2034
34981423      COLUMBUS                    43232     OH       SFR     Owner Occupied     360      8/4/2004    9/1/2004   8/1/2034
35011030      PARKER                      80138     CO       PUD     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
34739870      SALT LAKE CITY              84120     UT       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34277202      RICHMOND                    77469     TX       PUD     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35224211      APOPKA                      32712     FL       PUD     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
34017335      OZARK                       72949     AR       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
35078641      HIGH POINT                  27265     NC       PUD     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35402254      PORTERDALE                  30070     GA       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35190370      PORTLAND                    97202     OR       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
4000162250    MONTAGUE                    96064     CA       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
34997932      RAMSEY                      55303     MN       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
33976564      CASTLE ROCK                 80109     CO       PUD     Owner Occupied     360      8/5/2004    9/1/2004   8/1/2034
4000159772    MESA                        85205     AZ       PUD     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34716977      VICTORVILLE                 92392     CA       SFR     Owner Occupied     360     7/28/2004   10/1/2004   9/1/2034
34901736      PORT ST LUCIE               34986     FL       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34652438      ANAMOSA                     52205     IA       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
35066919      GASTONIA                    28056     NC       PUD     Owner Occupied     360      8/3/2004    9/1/2004   8/1/2034
35108786      MIDLOTHIAN                  76065     TX       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
34979096      LEXINGTON                   40502     KY       SFR     Owner Occupied     360      8/2/2004    9/1/2004   8/1/2034
34759449      UPPER MARLBORO              20774     MD       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
34966408      FRANKFORT                   40601     KY       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35365527      SALT LAKE CITY              84104     UT       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
35122589      CHICAGO                     60624     IL       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
35243922      BATON ROUGE                 70812     LA       SFR        Investor        360      8/6/2004   10/1/2004   9/1/2034
4000169147    PAWTUCKET                    2860     RI    Units 2-4  Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
4000156443    ANTIOCH                     94509     CA       PUD     Owner Occupied     360     7/13/2004    9/1/2004   8/1/2034
4000166853    MARYSVILLE                  98271     WA       PUD     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
4000176963    HUMBLE                      77338     TX       PUD     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
4000101373    TRUMAN                      56088     MN       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
34739185      BOISE                       83704     ID       PUD     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
4000169201    TRACY                       95376     CA       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
4000166719    DETROIT                     48208     MI    Units 2-4     Investor        360     8/25/2004   10/1/2004   9/1/2034
35207281      OCEANSIDE                   92057     CA       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34851923      FRANKLIN PARK               60131     IL       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
4000168989    EVERETT                     98203     WA       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
35033463      MORENO VALLEY               92553     CA       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
35113802      DENTON                      76209     TX       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35076835      HOLLY SPRINGS               27540     NC       PUD     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
35191725      SAN DIEGO                   92114     CA       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
34692541      HIALEAH                     33016     FL    Condo >4   Owner Occupied     360      8/4/2004    9/1/2004   8/1/2034
4000173728    COLUMBUS                    43232     OH       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
35149111      KENNESAW                    30144     GA       PUD     Owner Occupied     360      8/2/2004    9/1/2004   8/1/2034
35150689      CONYERS                     30013     GA       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
35367085      SALT LAKE CITY              84106     UT       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35192632      SANTA MONICA                90404     CA    Units 2-4  Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34971226      DAYTON                      45409     OH       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
34761999      HERNDON                     20171     VA       PUD     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34995480      COTTAGE GROVE               55016     MN       SFR     Owner Occupied     360      9/1/2004   10/1/2004   9/1/2034
35344159      FREDERICKBURG               22401     VA       PUD     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
35078104      HILLSBOROUGH                27278     NC       PUD     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35077007      KILL DEVIL HILLS            27948     NC       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
4000166403    SACRAMENTO                  95835     CA       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
35305945      LAS VEGAS                   89104     NV       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34739581      WEST JORDAN                 84084     UT       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
35264688      HIGHLAND                    92346     CA       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
35262260      FONTANA                     92336     CA       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
35236454      KISSIMMEE                   34746     FL       PUD       Second Home      360     8/30/2004   10/1/2004   9/1/2034
4000169706    SACRAMENTO                  95823     CA       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
4000173390    WESTLAND                    48186     MI      Condo    Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
35125996      CHICAGO                     60609     IL       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
33721069      CHICAGO                     60636     IL    Units 2-4  Owner Occupied     360      6/4/2004    8/1/2004   7/1/2034
4000166285    ELK GROVE                   95624     CA       SFR     Owner Occupied     360     7/27/2004   10/1/2004   9/1/2034
34799908      ESCONDIDO                   92027     CA       SFR     Owner Occupied     360     7/28/2004   10/1/2004   9/1/2034

<CAPTION>
                                                                                      ORIGINAL
                                                                                      COMBAINED
              REMAINING     ORIGINAL   SCHEDULED                       PAID THRU       LOAN TO      OTS
  LOANID        TERM        BALANCE     BALANCE      RATE      P&I        DATE          VALUE   DELINQUENCY INDEX       MARGIN
------------------------------------------------------------------------------------------------------------------------------
<S>              <C>      <C>         <C>           <C>     <C>        <C>              <C>        <C>       <C>        <C>
35226836         359      172,000.00  171,858.73     6.99   1,143.17   10/1/2004        72.27      0-29      FIX            0
4000170848       359      282,000.00  282,000.00    6.875   1,615.62   10/1/2004        78.33      0-29      6ML          4.5
34651133         178      143,080.00  142,174.53        7   1,286.05    9/1/2004           70      0-29      FIX            0
33777889         357      280,500.00  279,916.53    7.875   2,033.82   10/1/2004           85      0-29      6ML        5.875
34521765         359      134,300.00  134,200.33      7.5     939.05   10/1/2004           85      0-29      6ML            6
4000163178       358       67,500.00   67,442.97    7.875     442.97    9/1/2004           90      0-29      6ML        5.875
35132646         359      145,350.00  145,242.13      7.5   1,016.31   10/1/2004          100      0-29      6ML        5.375
33175506         359      151,450.00  151,331.85     7.25   1,033.16   10/1/2004           65      0-29      6ML         5.75
34860049         359      152,000.00  152,000.00     7.25     918.33   10/1/2004           80      0-29      6ML        5.375
34034439         357      175,200.00  175,200.00        6        876    9/1/2004           80      0-29      6ML          4.5
35202225         359      384,750.00  384,750.00    7.375   2,364.61   10/1/2004           95      0-29      6ML          5.5
34965657         359       71,900.00   71,857.54    8.625     559.24   10/1/2004          100      0-29      6ML            7
35230358         359      144,000.00  143,876.01     6.75     933.99   10/1/2004        68.57      0-29      6ML        4.625
34987255         359       59,850.00   59,786.47     8.25     449.64   10/1/2004           95      0-29      FIX            0
34966507         359       85,500.00   85,500.00     6.25     445.31   10/1/2004        87.69      0-29      6ML         4.75
34720292         359      111,550.00  111,550.00    7.625     708.81   10/1/2004        89.97      0-29      6ML          4.5
4000167065       359      305,350.00  305,350.00     7.75   1,972.05   10/1/2004           88      0-29      6ML         5.75
35192152         359      622,500.00  622,500.00     5.99   3,107.31   10/1/2004           75      0-29      6ML            4
35012855         358      604,000.00  604,000.00    5.875   2,957.08   10/1/2004           80      0-29      6ML        4.125
34829226         359      156,000.00  155,868.94    6.875   1,024.81   10/1/2004           80      0-29      6ML         5.25
35183029         359      750,000.00  750,000.00     7.25   4,531.25   10/1/2004        88.76      0-29      6ML        4.625
35263268         359      325,000.00  324,635.82    5.375   1,819.91   10/1/2004        68.57      0-29      6ML            3
4000174334       359      171,850.00  171,850.00    6.625     948.76   10/1/2004           95      0-29      6ML        5.125
35161165         359      141,520.00  141,520.00     6.75     796.05   10/1/2004           80      0-29      6ML        4.625
35107838         359      141,100.00  141,007.69    8.125   1,047.67   10/1/2004        79.98      0-29      6ML         5.25
4000166088       359      188,000.00  187,860.48      7.5   1,314.52   10/1/2004        79.66      0-29      6ML         5.75
34975573         359      141,950.00  141,815.30     6.25     874.02   10/1/2004           85      0-29      6ML        4.625
35090489         359      129,000.00  128,917.74     8.25     969.14   10/1/2004          100      0-29      FIX            0
34694026         358      230,500.00  230,148.13    7.375   1,592.01    9/1/2004        63.67      0-29      6ML          4.5
35191659         359      344,000.00  344,000.00     5.75   1,648.33   10/1/2004           80      0-29      6ML        3.875
34858902         359      600,000.00  599,495.92    6.875   3,941.58   10/1/2004        59.41      0-29      6ML        4.375
4000166967       358      284,000.00  283,900.00    7.875   1,863.75    9/1/2004        75.73      0-29      6ML         5.25
4000168091       359      162,900.00  162,793.44    8.125   1,209.53   10/1/2004        94.99      0-29      6ML            7
34782441         359      498,600.00  498,600.00      5.5   2,285.25   10/1/2004        79.99      0-29      6ML          3.5
35208594         359      438,000.00  438,000.00     7.25   2,646.25   10/1/2004        84.56      0-29      6ML          5.5
34930131         358      179,550.00  179,275.90    7.375   1,240.11    9/1/2004           95      0-29      6ML            6
35014323         359      166,500.00  166,500.00     8.25   1,144.69   10/1/2004           90      0-29      6ML         6.25
35286848         359       98,000.00   97,945.05    8.875     779.74   10/1/2004          100      0-29      6ML        6.875
34856989         359      112,800.00  112,800.00    6.125     575.75   10/1/2004           80      0-29      6ML            4
4000161448       359      172,800.00  172,800.00      6.5        936   10/1/2004           80      0-29      6ML          4.5
4000168820       359      546,000.00  545,693.91    8.875   4,344.22   10/1/2004        94.96      0-29      FIX            0
34833087         359      270,000.00  270,000.00     6.75   1,518.75   10/1/2004           75      0-29      6ML        3.875
34981423         358      154,000.00  154,000.00     6.25     802.08    9/1/2004           80      0-29      6ML          4.5
35011030         359      163,920.00  163,920.00    5.875     802.53   10/1/2004           80      0-29      6ML            4
34739870         359      147,750.00  147,750.00    7.625     938.83   10/1/2004           95      0-29      6ML         5.75
34277202         359      123,250.00  123,163.01     7.75     882.98   10/1/2004           85      0-29      6ML        5.875
35224211         359      140,000.00  140,000.00    7.375     860.42   10/1/2004           80      0-29      6ML          5.5
34017335         359       92,700.00   92,643.84      8.5     712.79   10/1/2004        88.29      0-29      6ML        6.875
35078641         359      149,000.00  148,880.84    7.125   1,003.85   10/1/2004        84.97      0-29      6ML          5.5
35402254         359       76,670.00   76,622.34    8.375     582.75   10/1/2004           85      0-29      6ML        6.875
35190370         359      228,000.00  227,834.98    7.625   1,613.77   10/1/2004           95      0-29      6ML         6.25
4000162250       359      135,000.00  134,877.96      6.5     853.29   10/1/2004        73.57      0-29      6ML        4.125
34997932         359      161,000.00  160,886.36     7.75   1,153.43   10/1/2004        79.31      0-29      6ML        5.625
33976564         358      201,524.00  201,175.99     6.75   1,307.09    9/1/2004           80      0-29      FIX            0
4000159772       359      108,800.00  108,800.00     5.75     521.33   10/1/2004           80      0-29      6ML        3.375
34716977         359      200,000.00  199,835.17        7   1,330.61   10/1/2004           80      0-29      FIX            0
34901736         359      134,250.00  134,145.26     7.25     915.83   10/1/2004           75      0-29      FIX            0
34652438         359       55,200.00   55,167.41    8.625     429.34   10/1/2004           80      0-29      6ML          6.5
35066919         358      104,000.00  104,000.00    6.625     574.17    9/1/2004           80      0-29      6ML        4.625
35108786         359      105,600.00  105,536.02      8.5     811.98   10/1/2004           80      0-29      FIX            0
34979096         358      119,600.00  119,412.82     7.25     815.89    9/1/2004           80      0-29      6ML        5.375
34759449         359      331,950.00  331,950.00        6   1,659.75   10/1/2004        79.99      0-29      6ML        4.125
34966408         359       67,150.00   67,101.39    7.625     475.29   10/1/2004        94.98      0-29      6ML        6.125
35365527         359       84,900.00   84,835.39    7.375     586.39   10/1/2004        99.98      0-29      6ML         5.75
35122589         359       85,000.00   84,935.32    7.375     587.08   10/1/2004        89.47      0-29      6ML        5.125
35243922         359       54,000.00   53,961.88     7.75     386.87   10/1/2004           90      0-29      FIX            0
4000169147       359      184,000.00  184,000.00    7.625   1,169.17   10/1/2004           80      0-29      6ML         5.75
4000156443       358      160,000.00  160,000.00    6.375        850   10/1/2004           80      0-29      6ML        4.625
4000166853       359      180,000.00  180,000.00     6.75   1,012.50   10/1/2004           80      0-29      6ML        5.125
4000176963       359      103,828.00  103,828.00    6.875     594.85   10/1/2004           80      0-29      6ML         4.75
4000101373       359      128,200.00  128,078.36     6.25     789.35   10/1/2004        81.14      0-29      6ML         4.25
34739185         359      176,850.00  176,737.22     8.25   1,328.62   10/1/2004        94.98      0-29      6ML            7
4000169201       359      372,000.00  372,000.00     6.25   1,937.50   10/1/2004           80      0-29      6ML         3.75
4000166719       359       94,500.00   94,495.16    7.875     620.16   10/1/2004           90      0-29      6ML         5.75
35207281         359      349,600.00  349,600.00      6.5   1,893.67   10/1/2004        79.45      0-29      6ML          4.5
34851923         359      168,000.00  167,848.12      6.5   1,061.88   10/1/2004           80      0-29      6ML        4.625
4000168989       359      236,000.00  236,000.00        6   1,180.00   10/1/2004           80      0-29      6ML            4
35033463         359      220,000.00  220,000.00      6.5   1,191.67   10/1/2004           80      0-29      6ML        4.875
35113802         359      143,450.00  142,823.39      7.5   1,003.03   10/1/2004           95      0-29      6ML        5.875
35076835         359      159,750.00  159,750.00     8.75   1,164.84   10/1/2004          100      0-29      6ML         6.75
35191725         359      324,000.00  324,000.00    7.125   1,923.75   10/1/2004           90      0-29      6ML        5.625
34692541         358       88,000.00   87,829.39     6.25     541.84   10/1/2004           80      0-29      6ML        3.875
4000173728       359       97,250.00   97,250.00    7.999     648.25   10/1/2004        99.98      0-29      6ML        6.375
35149111         358      152,000.00  151,717.67    6.375     948.29    9/1/2004           80      0-29      6ML        4.875
35150689         359      170,820.00  170,820.00    8.875   1,263.36   10/1/2004           90      0-29      6ML        7.125
35367085         359      175,500.00  175,500.00    7.625   1,115.16   10/1/2004          100      0-29      6ML            6
35192632         359      696,500.00  696,500.00    6.875   3,990.36   10/1/2004           70      0-29      6ML        3.625
34971226         359      105,300.00  105,229.34        8     772.66   10/1/2004           90      0-29      6ML         5.75
34761999         359      327,200.00  327,200.00     6.25   1,704.17   10/1/2004           80      0-29      6ML        3.875
34995480         359      119,000.00  119,000.00    8.375     830.52   10/1/2004           85      0-29      6ML        6.875
35344159         359      326,250.00  326,250.00    5.875   1,597.27   10/1/2004        79.99      0-29      6ML        3.875
35078104         359      184,200.00  184,056.31     7.25   1,256.57   10/1/2004        94.99      0-29      6ML        5.875
35077007         359      192,000.00  192,000.00    6.875   1,100.00   10/1/2004           80      0-29      6ML          4.5
4000166403       359      243,000.00  243,000.00    5.875   1,189.69   10/1/2004        62.31      0-29      6ML         3.75
35305945         359      205,000.00  205,000.00     6.99   1,194.13   10/1/2004        85.42      0-29      6ML        5.625
34739581         359      244,150.00  244,150.00      6.5   1,322.48   10/1/2004           95      0-29      6ML        3.625
35264688         359      256,500.00  256,500.00     6.25   1,335.94   10/1/2004           95      0-29      6ML         4.75
35262260         359      285,000.00  284,788.48      7.5   1,992.77   10/1/2004        64.12      0-29      6ML         5.25
35236454         359      215,900.00  215,900.00    7.375   1,326.89   10/1/2004           90      0-29      6ML         5.75
4000169706       359      324,000.00  324,000.00    7.999   2,159.73   10/1/2004           90      0-29      6ML            6
4000173390       359      183,250.00  183,250.00    5.875     897.16   10/1/2004        79.99      0-29      6ML          4.5
35125996         359       78,000.00   77,936.06        7     518.94   10/1/2004        70.91      0-29      6ML         4.75
33721069         357      125,400.00  125,049.69    6.375     782.34    9/1/2004           95      0-29      6ML          5.5
4000166285       359      343,000.00  343,000.00        7   2,000.83   10/1/2004        77.95      0-29      6ML        4.625
34799908         359      365,200.00  365,200.00      6.5   1,978.17   10/1/2004        79.39      0-29      6ML        4.375

<CAPTION>
             INITIAL  PERIODIC                           PREPAYMENT
  LOANID       CAP      CAP       FLOOR    CEILING          TERM                                PREPAYMENT PENALTY
--------------------------------------------------------------------------------------------------------------------------
<S>             <C>      <C>      <C>       <C>              <C>                        <C>
35226836        0        0            0          0           36                              6 mo.s interest less 20% obal
4000170848      3        1        6.875     12.875            0                                                       None
34651133        0        0            0          0           36                              6 mo.s interest less 20% obal
33777889        3        1        7.875     13.875            0                                                       None
34521765        3        1          7.5       13.5           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000163178      3        1        7.875     13.875           24                              6 mo.s interest less 20% obal
35132646        3        1          7.5       13.5            0                                                       None
33175506        3        1         7.25      13.25           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34860049        3        1         7.25      13.25           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34034439        3        1            6         12           36                              6 mo.s interest less 20% obal
35202225        3        1        7.375     13.375           24                              6 mo.s interest less 20% obal
34965657        3        1        8.625     14.625           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35230358        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
34987255        0        0            0          0            0                                                       None
34966507        3        1         6.25      12.25           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34720292        3        1        7.625     13.625            0                                                       None
4000167065      3        1         7.75      13.75           24                              6 mo.s interest less 20% obal
35192152        3        1         5.99      11.99           36                              6 mo.s interest less 20% obal
35012855        3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
34829226        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
35183029        3        1         7.25      13.25            0                                                       None
35263268        3        1        5.375     11.375           24                              6 mo.s interest less 20% obal
4000174334      3        1        6.625     12.625           36                              6 mo.s interest less 20% obal
35161165        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
35107838        3        1        8.125     14.125           36                              6 mo.s interest less 20% obal
4000166088      3        1          7.5       13.5           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34975573        3        1         6.25      12.25           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35090489        0        0            0          0           36                                                 1% prepaid
34694026        3        1        7.375     13.375           36                              6 mo.s interest less 20% obal
35191659        3        1         5.75      11.75           36                              6 mo.s interest less 20% obal
34858902        3        1        6.875     12.875           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000166967      3        1        7.875     13.875           12                              6 mo.s interest less 20% obal
4000168091      3        1        8.125     14.125           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34782441        3        1          5.5       11.5           24                              6 mo.s interest less 20% obal
35208594        3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
34930131        3        1        7.375     13.375           36                              6 mo.s interest less 20% obal
35014323        3        1         8.25      14.25           24                              6 mo.s interest less 20% obal
35286848        3        1        8.875     14.875            0                                                       None
34856989        3        1        6.125     12.125           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000161448      3        1          6.5       12.5            0                                                       None
4000168820      0        0            0          0           36                              6 mo.s interest less 20% obal
34833087        3        1         6.75      12.75           36                              6 mo.s interest less 20% obal
34981423        3        1         6.25      12.25           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35011030        3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
34739870        3        1        7.625     13.625           36                              6 mo.s interest less 20% obal
34277202        3        1         7.75      13.75           24                              6 mo.s interest less 20% obal
35224211        3        1        7.375     13.375           24                              6 mo.s interest less 20% obal
34017335        3        1          8.5       14.5           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35078641        3        1        7.125     13.125            0                                                       None
35402254        3        1        8.375     14.375            0                                                       None
35190370        3        1        7.625     13.625           24                              6 mo.s interest less 20% obal
4000162250      3        1          6.5       12.5           36                              6 mo.s interest less 20% obal
34997932        3        1         7.75      13.75           24                         min (2% prepaid, 60 days interest)
33976564        0        0            0          0           36                              6 mo.s interest less 20% obal
4000159772      3        1         5.75      11.75           24                              6 mo.s interest less 20% obal
34716977        0        0            0          0           36                              6 mo.s interest less 20% obal
34901736        0        0            0          0           36                              6 mo.s interest less 20% obal
34652438        3        1        8.625     14.625           24                              6 mo.s interest less 20% obal
35066919        3        1        6.625     12.625            0                                                       None
35108786        0        0            0          0            0                                                       None
34979096        3        1         7.25      13.25           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34759449        3        1            6         12           24                              6 mo.s interest less 20% obal
34966408        3        1        7.625     13.625           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35365527        3        1        7.375     13.375           24                              6 mo.s interest less 20% obal
35122589        3        1        7.375     13.375            0                                                       None
35243922        0        0            0          0           36                              6 mo.s interest less 20% obal
4000169147      3        1        7.625     13.625           24                              6 mo.s interest less 20% obal
4000156443      3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
4000166853      3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
4000176963      3        1        6.875     12.875           36                              6 mo.s interest less 20% obal
4000101373      3        1         6.25      12.25           24                         min (2% prepaid, 60 days interest)
34739185        3        1         8.25      14.25           24                              6 mo.s interest less 20% obal
4000169201      3        1         6.25      12.25           36                              6 mo.s interest less 20% obal
4000166719      3        1        7.875     13.875           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35207281        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
34851923        3        1          6.5       12.5           12                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000168989      3        1            6         12           24                              6 mo.s interest less 20% obal
35033463        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
35113802        3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
35076835        3        1         8.75      14.75            0                                                       None
35191725        3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
34692541        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
4000173728      3        1        7.999     13.999           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35149111        3        1        6.375     12.375            0                                                       None
35150689        3        1        8.875     14.875            0                                                       None
35367085        3        1        7.625     13.625           24                              6 mo.s interest less 20% obal
35192632        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
34971226        3        1            8         14           12                              3%/2%/1%-1st yr/2nd yr/3rd yr
34761999        3        1         6.25      12.25           36                              6 mo.s interest less 20% obal
34995480        3        1        8.375     14.375           36                         min (2% prepaid, 60 days interest)
35344159        3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
35078104        3        1         7.25      13.25            0                                                       None
35077007        3        1        6.875     12.875            0                                                       None
4000166403      3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
35305945        3        1         6.99      12.99           36                              6 mo.s interest less 20% obal
34739581        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
35264688        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
35262260        3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
35236454        3        1        7.375     13.375           24                              6 mo.s interest less 20% obal
4000169706      3        1        7.999     13.999           24                              6 mo.s interest less 20% obal
4000173390      3        1        5.875     11.875           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35125996        3        1            7         13           12                              3%/2%/1%-1st yr/2nd yr/3rd yr
33721069        3        1        6.375     12.375           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000166285      3        1            7         13           36                              6 mo.s interest less 20% obal
34799908        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal

<CAPTION>
                                              PAYMENT
              FIRST RATE      RATE RESET       RESET                                  MI
  LOANID      RESET DATE       FREQUENCY     FREQUENCY  PURPOSE   DIV  IO    IOTERM  FLAG
-----------------------------------------------------------------------------------------
<S>           <C>                  <C>            <C>  <C>         <C>  <C>    <C>    <C>
35226836      00/00/0000           0              0    C/O Refi    N    N       0     N
4000170848      9/1/2006           6              6    C/O Refi    N    Y      60     N
34651133      00/00/0000           0              0    C/O Refi    N    N       0     N
33777889        7/1/2009           6              6    C/O Refi    N    N       0     Y
34521765        9/1/2006           6              6    C/O Refi    N    N       0     Y
4000163178      8/1/2009           6              6    Purchase    N    Y      60     Y
35132646        9/1/2006           6              6    Purchase    N    N       0     N
33175506        9/1/2006           6              6    Purchase    N    N       0     N
34860049        9/1/2006           6              6    Purchase    N    Y      60     N
34034439        7/1/2007           6              6    Purchase    N    Y      60     N
35202225        9/1/2006           6              6    C/O Refi    N    Y      60     N
34965657        9/1/2006           6              6    Purchase    N    N       0     N
35230358        9/1/2006           6              6    C/O Refi    N    N       0     N
34987255      00/00/0000           0              0    C/O Refi    N    N       0     Y
34966507        9/1/2006           6              6    C/O Refi    N    Y      60     Y
34720292        9/1/2006           6              6    Purchase    N    Y      60     Y
4000167065      9/1/2006           6              6    C/O Refi    N    Y      60     N
35192152        9/1/2007           6              6    Purchase    N    Y      60     N
35012855        8/1/2006           6              6    Purchase    N    Y      60     N
34829226        9/1/2006           6              6    Purchase    N    N       0     N
35183029        9/1/2006           6              6    Purchase    N    Y      60     Y
35263268        9/1/2006           6              6    C/O Refi    N    N       0     N
4000174334      9/1/2007           6              6    Purchase    N    Y      60     Y
35161165        9/1/2006           6              6    Purchase    N    Y      60     N
35107838        9/1/2009           6              6    Purchase    N    N       0     N
4000166088      9/1/2007           6              6    C/O Refi    N    N       0     N
34975573        9/1/2007           6              6    C/O Refi    N    N       0     N
35090489      00/00/0000           0              0    Purchase    N    N       0     N
34694026        8/1/2007           6              6    C/O Refi    N    N       0     N
35191659        9/1/2007           6              6    Purchase    N    Y      60     N
34858902        9/1/2006           6              6    C/O Refi    N    N       0     N
4000166967      8/1/2006           6              6    C/O Refi    N    Y      60     N
4000168091      9/1/2006           6              6    C/O Refi    N    N       0     Y
34782441        9/1/2006           6              6    Purchase    N    Y      60     N
35208594        9/1/2006           6              6    C/O Refi    N    Y      60     N
34930131        8/1/2007           6              6    C/O Refi    N    N       0     N
35014323        9/1/2006           6              6    C/O Refi    N    Y      60     N
35286848        9/1/2006           6              6    Purchase    N    N       0     N
34856989        9/1/2006           6              6    Purchase    N    Y      60     N
4000161448      9/1/2007           6              6    C/O Refi    N    Y      60     N
4000168820    00/00/0000           0              0    C/O Refi    N    N       0     N
34833087        9/1/2007           6              6    Purchase    N    Y      60     N
34981423        8/1/2006           6              6    Purchase    N    Y      60     N
35011030        9/1/2006           6              6    Purchase    N    Y      60     N
34739870        9/1/2007           6              6    R/T Refi    N    Y      60     Y
34277202        9/1/2006           6              6    R/T Refi    N    N       0     Y
35224211        9/1/2006           6              6    Purchase    N    Y      60     N
34017335        9/1/2006           6              6    C/O Refi    N    N       0     Y
35078641        9/1/2006           6              6    C/O Refi    N    N       0     N
35402254        9/1/2006           6              6    C/O Refi    N    N       0     Y
35190370        9/1/2006           6              6    C/O Refi    N    N       0     N
4000162250      9/1/2007           6              6    R/T Refi    N    N       0     N
34997932        9/1/2006           6              6    C/O Refi    N    N       0     N
33976564      00/00/0000           0              0    Purchase    N    N       0     N
4000159772      9/1/2009           6              6    Purchase    N    Y      60     N
34716977      00/00/0000           0              0    Purchase    N    N       0     N
34901736      00/00/0000           0              0    Purchase    N    N       0     N
34652438        9/1/2006           6              6    Purchase    N    N       0     N
35066919        8/1/2007           6              6    Purchase    N    Y      60     N
35108786      00/00/0000           0              0    C/O Refi    N    N       0     N
34979096        8/1/2006           6              6    Purchase    N    N       0     N
34759449        9/1/2006           6              6    Purchase    N    Y      60     N
34966408        9/1/2006           6              6    Purchase    N    N       0     Y
35365527        9/1/2006           6              6    Purchase    N    N       0     Y
35122589        9/1/2006           6              6    C/O Refi    N    N       0     Y
35243922      00/00/0000           0              0    Purchase    N    N       0     Y
4000169147      9/1/2006           6              6    Purchase    N    Y      60     N
4000156443      8/1/2006           6              6    Purchase    N    Y      60     N
4000166853      9/1/2006           6              6    Purchase    N    Y      60     N
4000176963      9/1/2007           6              6    Purchase    N    Y      60     N
4000101373      9/1/2006           6              6    R/T Refi    N    N       0     Y
34739185        9/1/2006           6              6    Purchase    N    N       0     Y
4000169201      9/1/2009           6              6    C/O Refi    N    Y      60     N
4000166719      9/1/2006           6              6    Purchase    N    Y      60     Y
35207281        9/1/2006           6              6    C/O Refi    N    Y      60     N
34851923        9/1/2006           6              6    Purchase    N    N       0     N
4000168989      9/1/2006           6              6    Purchase    N    Y      60     N
35033463        9/1/2006           6              6    Purchase    N    Y      60     N
35113802        9/1/2006           6              6    R/T Refi    N    N       0     Y
35076835        9/1/2007           6              6    Purchase    N    Y      60     N
35191725        9/1/2006           6              6    Purchase    N    Y      60     N
34692541        8/1/2006           6              6    Purchase    N    N       0     N
4000173728      9/1/2006           6              6    Purchase    N    Y      60     N
35149111        8/1/2007           6              6    Purchase    N    N       0     N
35150689        9/1/2006           6              6    Purchase    N    Y      60     N
35367085        9/1/2006           6              6    Purchase    N    Y      60     N
35192632        9/1/2006           6              6    C/O Refi    N    Y      60     N
34971226        9/1/2007           6              6    R/T Refi    N    N       0     Y
34761999        9/1/2009           6              6    Purchase    N    Y      60     N
34995480        9/1/2006           6              6    Purchase    N    Y      60     N
35344159        9/1/2006           6              6    Purchase    N    Y      60     N
35078104        9/1/2007           6              6    Purchase    N    N       0     N
35077007        9/1/2009           6              6    Purchase    N    Y      60     N
4000166403      9/1/2006           6              6    R/T Refi    N    Y      60     N
35305945        9/1/2006           6              6    C/O Refi    N    Y      60     N
34739581        9/1/2006           6              6    C/O Refi    N    Y      60     Y
35264688        9/1/2006           6              6    C/O Refi    N    Y      60     Y
35262260        9/1/2006           6              6    C/O Refi    N    N       0     N
35236454        9/1/2006           6              6    Purchase    N    Y      60     N
4000169706      9/1/2006           6              6    R/T Refi    N    Y      60     N
4000173390      9/1/2006           6              6    Purchase    N    Y      60     N
35125996        9/1/2006           6              6    C/O Refi    N    N       0     N
33721069        7/1/2006           6              6    Purchase    N    N       0     Y
4000166285      9/1/2009           6              6    C/O Refi    N    Y      60     N
34799908        9/1/2006           6              6    C/O Refi    N    Y      60     N
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
                                                          PROPERTY                    ORIGINAL ORIGINATION  FIRST PAY   MATURITY
  LOANID              CITY                 ZIP    STATE     TYPE       OCCUPANCY        TERM      DATE        DATE        DATE
--------------------------------------------------------------------------------------------------------------------------------
<S>           <C>                         <C>       <C>   <C>        <C>                <C>     <C>         <C>         <C>
4000169853    LOMPOC                      93436     CA       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
34833707      MALDEN                       2148     MA    Units 2-4  Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
35207224      SAN DIEGO                   92127     CA       PUD     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
35246149      BROOKSHIRE                  77433     TX       PUD     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
4000166384    DETROIT                     48209     MI       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34939280      VANCOUVER                   98682     WA       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
4000168157    SANTA CLARITA               91350     CA      Condo    Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
34719690      LAKE ARROWHEAD              92352     CA       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
35187228      FRESNO (CITY)               93727     CA       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
4000163934    SANTA MARIA                 93458     CA       SFR     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
35182088      CHULA VISTA                 91914     CA       PUD     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35158328      FOREST PARK                 30297     GA       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35266824      RANCHO CUCAMONGA            91701     CA       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
4000174635    BLOOMINGTON                 61704     IL       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
35011485      AURORA                      80010     CO       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
35182609      SANTA ANA                   92704     CA      Condo    Owner Occupied     180     8/20/2004   10/1/2004   9/1/2019
4000166331    MODESTO                     95358     CA       SFR     Owner Occupied     360     7/27/2004    9/1/2004   8/1/2034
35264415      ONTARIO                     91762     CA       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
34992891      COTTAGE GROVE               55016     MN       PUD     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
4000157919    BROOKLYN                    11234     NY       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
4000177526    LANCASTER                   43130     OH       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
35248145      SPRING                      77379     TX       PUD     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34798538      EL CAJON                    92021     CA       SFR     Owner Occupied     360     7/27/2004    9/1/2004   8/1/2034
34962332      LOUISVILLE                  40216     KY       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
4000159283    DELTONA                     32725     FL       SFR     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
4000162131    GARDEN CITY                 48135     MI       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
4000171420    MOUNTLAKE TERRACE           98043     WA       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
4000172951    SACRAMENTO                  95823     CA       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
35108521      DENTON                      76210     TX       PUD     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
35108869      TYLER                       75703     TX       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
4000167942    RICHMOND                    94804     CA       SFR     Owner Occupied     360     8/25/2004   11/1/2004  10/1/2034
35323336      REDMOND                     97756     OR       PUD     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
4000173251    BOYNTON BEACH               33462     FL       PUD     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34420620      GRANTS PASS                 97526     OR       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
33018482      INDIANAPOLIS                46241     IN       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
4000163135    STANWOOD                    98292     WA       PUD     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
34081968      LAS VEGAS                   89104     NV       SFR        Investor        360     8/20/2004   10/1/2004   9/1/2034
35246180      HOUSTON                     77099     TX      Condo    Owner Occupied     180     8/26/2004   10/1/2004   9/1/2019
34710137      MORENO VALLEY               92555     CA       SFR     Owner Occupied     360     7/27/2004    9/1/2004   8/1/2034
34376376      TOBYHANNA                   18466     PA       PUD     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35284363      LEVITTOWN                   19056     PA       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
35187053      CHINO HILLS                 91709     CA       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
34972067      CANAL WINCHESTER            43110     OH       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34895284      JACKSONVILLE                32223     FL       PUD     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
34795682      SAN DIEGO                   92114     CA       SFR     Owner Occupied     360     7/27/2004    9/1/2004   8/1/2034
4000166164    WEST HARTFORD                6119     CT       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
35365089      SALT LAKE CITY              84106     UT       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
34973099      UNION                       45322     OH       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
4000172022    CONSHOHOCKEN                19428     PA       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35211374      SAN DIEGO                   92126     CA      Condo    Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000133483    CORONA                      92880     CA       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
4000167141    SAINT CLAIR SHORES          48080     MI       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
4000160180    LANSING                     48911     MI       SFR     Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
4000039681    CIRCLE PINES                55014     MN       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34867705      AMSTREDAM                   12010     NY       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
35150184      ROCKMART                    30153     GA       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35155134      ATLANTA                     30314     GA       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
4000173080    WILTON MANORS               33311     FL       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35107945      CORINTH                     76210     TX       PUD     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35147743      MEMPHIS                     38135     TN       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
35243575      HOUSTON                     77058     TX       PUD     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
34516062      ASHVILLE                    43103     OH       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
35159615      AUSTELL                     30168     GA       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
4000168270    STAMFORD                     6902     CT       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
35129550      WAUKEGAN                    60085     IL       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34699280      JENSEN BEACH                34957     FL       PUD     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
34749895      ELLICOTT CITY               21043     MD       PUD     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
4000168277    POMPANO BEACH               33063     FL       PUD     Owner Occupied     360      8/5/2004    9/1/2004   8/1/2034
34081547      LAS VEGAS                   89123     NV       PUD     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
4000168675    PEMBROKE PINES              33024     FL       PUD     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35010123      LITTLETON                   80125     CO      Condo    Owner Occupied     360      8/6/2004    9/1/2004   8/1/2034
34658880      FARBER                      63345     MO       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
35208198      SAN BRUNO                   94066     CA       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
35124080      CHICAGO                     60632     IL    Units 2-4  Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
35202787      TEMECULA                    92591     CA       PUD        Investor        360     8/18/2004   10/1/2004   9/1/2034
34969402      CINCINNATI                  45238     OH       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
4000177654    HAVERHILL                    1832     MA      Condo    Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
4000166634    MIAMI                       33179     FL      Condo    Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34700013      SUNRISE                     33322     FL       PUD     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
35102789      NEW BRAUNFELS               78130     TX       PUD     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
4000161650    DETROIT                     48221     MI       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
35205236      SPRING VALLEY               91977     CA       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
4000170360    COTTONWOOD                  96022     CA       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34998310      EAGAN                       55122     MN       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
4000175465    EVERETT                      2149     MA    Units 2-4  Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
34829614      FALL RIVER                   2724     MA       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34696526      MIAMI                       33185     FL       PUD     Owner Occupied     360      8/2/2004    9/1/2004   8/1/2034
35192210      PARAMOUNT                   90723     CA      Condo    Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34003962      LEAGUE CITY                 77573     TX       PUD     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
4000167936    HIALEAH                     33015     FL       PUD     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
35233139      ORLANDO                     32828     FL       PUD     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
35188176      COSTA MESA                  92626     CA       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
4000164092    ANTIOCH                     94531     CA       SFR     Owner Occupied     360      8/7/2004   10/1/2004   9/1/2034
35082700      WESTERVILLE                 43082     OH       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
4000159156    HESPERIA                    92345     CA       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
35303429      RENO                        89506     NV       SFR        Investor        360     8/24/2004   10/1/2004   9/1/2034
35322262      PRINEVILLE                  97754     OR       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
34660092      GRAND RAPIDS                49548     MI       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34973156      WEST CHESTER                45069     OH       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34866947      ONEIDA                      13421     NY       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
35068766      LEXINGTON                   29072     SC       PUD     Owner Occupied     360      8/6/2004    9/1/2004   8/1/2034
35245224      HOUSTON                     77083     TX       PUD     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
34822213      NORWALK                      6854     CT       SFR     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
34995951      BROOKLYN CENTER             55430     MN       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
4000166463    LOS ANGELES                 90045     CA       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
34658294      MARION                      52302     IA       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034

<CAPTION>
                                                                                      ORIGINAL
                                                                                      COMBAINED
              REMAINING     ORIGINAL   SCHEDULED                       PAID THRU       LOAN TO      OTS
  LOANID        TERM        BALANCE     BALANCE      RATE      P&I        DATE          VALUE   DELINQUENCY INDEX       MARGIN
------------------------------------------------------------------------------------------------------------------------------
<S>              <C>      <C>         <C>           <C>     <C>        <C>              <C>        <C>       <C>        <C>
4000169853       359      344,000.00  344,000.00      6.5   1,863.33   10/1/2004           80      0-29      6ML        4.125
34833707         359      354,400.00  354,400.00    5.625   1,661.25   10/1/2004           80      0-29      6ML         3.75
35207224         359      875,000.00  875,000.00        6   4,375.00   10/1/2004        79.55      0-29      6ML         3.75
35246149         359      141,713.00  141,607.83      7.5     990.88   10/1/2004        97.73      0-29      6ML        5.625
4000166384       359      104,000.00  103,930.21        8     763.12   10/1/2004        94.55      0-29      6ML         6.25
34939280         359      150,000.00  149,906.77    8.375   1,140.11   10/1/2004          100      0-29      6ML         6.75
4000168157       359      333,000.00  333,000.00    6.875   1,907.81   10/1/2004        86.05      0-29      6ML          5.5
34719690         359      248,900.00  248,658.08    6.125   1,512.35   10/1/2004           95      0-29      6ML        5.125
35187228         359      125,000.00  124,881.39     6.25     769.65   10/1/2004        60.39      0-29      6ML         3.75
4000163934       358      350,200.00  350,200.00        6   1,751.00   10/1/2004        79.98      0-29      6ML        4.125
35182088         359      780,000.00  780,000.00    6.625   4,306.25   10/1/2004           65      0-29      6ML        3.625
35158328         359      109,600.00  109,600.00     6.25     570.83   10/1/2004           80      0-29      6ML        4.125
35266824         359      250,250.00  250,250.00    7.875   1,642.27   10/1/2004        65.86      0-29      6ML        5.625
4000174635       359      185,300.00  185,300.00    5.375     829.99   10/1/2004        79.98      0-29      6ML        3.375
35011485         359      180,500.00  180,500.00        7   1,052.92   10/1/2004           95      0-29      6ML        5.375
35182609         179      375,000.00  375,000.00     7.25   2,265.63   10/1/2004          100      0-29      FIX            0
4000166331       358      235,000.00  235,000.00    5.875   1,150.52    9/1/2004        79.93      0-29      6ML         3.75
35264415         359      272,000.00  272,000.00     6.25   1,416.67   10/1/2004           80      0-29      6ML          4.5
34992891         359      143,200.00  143,200.00        6        716   10/1/2004           80      0-29      6ML        4.125
4000157919       359      320,000.00  319,750.37     7.25   2,182.96   10/1/2004           80      0-29      6ML        4.375
4000177526       359      321,500.00  321,267.30    7.625   2,275.56   10/1/2004          100      0-29      FIX            0
35248145         359      243,700.00  243,523.61    7.625   1,724.90   10/1/2004        94.99      0-29      6ML         5.75
34798538         358      364,000.00  364,000.00     5.75   1,744.17    9/1/2004           80      0-29      6ML        3.875
34962332         359      110,500.00  110,433.06      8.5     849.65   10/1/2004           85      0-29      FIX            0
4000159283       358      162,000.00  161,740.15    7.125   1,091.42    9/1/2004        83.22      0-29      6ML        5.625
4000162131       359       76,500.00   76,454.83    8.625     595.01   10/1/2004           90      0-29      6ML        6.875
4000171420       359      250,000.00  250,000.00     7.25   1,510.42   10/1/2004          100      0-29      6ML        5.875
4000172951       359      172,000.00  172,000.00    5.625     806.25   10/1/2004           80      0-29      6ML        3.625
35108521         359      154,450.00  154,326.49    7.125   1,040.56   10/1/2004        94.99      0-29      FIX            0
35108869         359      113,400.00  113,319.95     7.75     812.42   10/1/2004        64.99      0-29      FIX            0
4000167942       360      208,000.00  208,000.00      5.5     953.33   11/1/2004         67.1      0-29      6ML        3.375
35323336         359      104,700.00  104,700.00    5.625     490.78   10/1/2004        79.97      0-29      6ML          3.5
4000173251       359      229,000.00  228,807.61    6.875   1,504.37   10/1/2004         91.6      0-29      6ML         5.25
34420620         359      145,600.00  145,507.15     8.25   1,093.85   10/1/2004           80      0-29      6ML        5.875
33018482         359      123,500.00  123,408.34      7.5     863.54   10/1/2004           95      0-29      FIX            0
4000163135       359      140,000.00  140,000.00      6.5     758.33   10/1/2004           80      0-29      6ML        4.375
34081968         359      154,800.00  154,800.00      7.5      967.5   10/1/2004           90      0-29      6ML        5.375
35246180         179       45,000.00   44,047.49      7.5     417.16   10/1/2004        46.39      0-29      FIX            0
34710137         358      230,500.00  230,061.44     6.25   1,419.23    9/1/2004           80      0-29      6ML        4.625
34376376         359       68,000.00   67,954.37        8     498.96   10/1/2004           80      0-29      6ML        6.125
35284363         359      228,400.00  228,179.92     7.25   1,379.92   10/1/2004        89.57      0-29      6ML         5.75
35187053         359      292,000.00  292,000.00      6.5   1,581.67   10/1/2004           80      0-29      6ML        4.125
34972067         359      176,000.00  176,000.00    5.375     788.33   10/1/2004           80      0-29      6ML        4.125
34895284         358      196,500.00  196,248.54     8.25   1,476.24    9/1/2004        87.33      0-29      FIX            0
34795682         358      441,800.00  441,800.00     6.99   2,573.49    9/1/2004        94.99      0-29      6ML        4.875
4000166164       359      191,600.00  191,600.00     6.25     997.92   10/1/2004           80      0-29      6ML        4.375
35365089         359      137,500.00  137,500.00      7.5     859.38   10/1/2004        99.96      0-29      6ML         5.25
34973099         359      107,350.00  107,261.82     6.99     713.49   10/1/2004           95      0-29      6ML        5.125
4000172022       359      115,000.00  114,898.75      7.5      804.1   10/1/2004        67.65      0-29      FIX            0
35211374         359      308,000.00  308,000.00    5.375   1,379.58   10/1/2004           80      0-29      6ML        3.625
4000133483       359      336,900.00  336,900.00    5.125   1,438.84   10/1/2004        79.99      0-29      6ML        3.375
4000167141       359      116,000.00  115,916.04    7.625     821.04   10/1/2004        78.91      0-29      6ML        5.625
4000160180       358       82,450.00   82,349.75      8.5     633.97    9/1/2004           85      0-29      6ML            7
4000039681       359      150,400.00  150,239.21    5.625     865.79   10/1/2004           80      0-29      6ML        4.125
34867705         359       64,850.00   64,818.10      9.5      545.3   10/1/2004        84.97      0-29      6ML        7.875
35150184         359      117,400.00  117,400.00      8.5     831.58   10/1/2004          100      0-29      6ML         6.25
35155134         359      126,000.00  126,000.00    6.875     721.88   10/1/2004           90      0-29      6ML         5.25
4000173080       359      204,000.00  203,815.58      6.5   1,289.42   10/1/2004           80      0-29      6ML          4.5
35107945         359      183,500.00  183,500.00      7.5   1,146.88   10/1/2004        79.44      0-29      6ML         5.25
35147743         359      110,840.00  110,840.00    6.875     635.02   10/1/2004           80      0-29      6ML        4.875
35243575         359      173,200.00  173,200.00     6.25     902.08   10/1/2004           80      0-29      6ML         4.25
34516062         359       40,000.00   39,977.57    8.875     318.26   10/1/2004           80      0-29      6ML          6.5
35159615         359      111,500.00  111,500.00      5.5     511.04   10/1/2004           80      0-29      6ML          3.5
4000168270       359      649,500.00  649,500.00    6.625   3,585.78   10/1/2004        77.32      0-29      6ML        3.875
35129550         359      130,000.00  129,893.22     6.99     864.03   10/1/2004        89.66      0-29      6ML          5.5
34699280         359      414,000.00  413,652.19    6.875   2,719.69   10/1/2004           90      0-29      6ML         5.75
34749895         359      390,000.00  389,672.35    6.875   2,562.03   10/1/2004           60      0-29      6ML        4.875
4000168277       358      140,800.00  140,800.00     6.25     733.33   10/1/2004           80      0-29      6ML            4
34081547         359      268,000.00  268,000.00    6.875   1,535.42   10/1/2004         53.6      0-29      6ML         4.25
4000168675       359      132,000.00  131,902.04      7.5     922.96   10/1/2004           80      0-29      6ML        5.375
35010123         358      203,900.00  203,900.00     6.25   1,061.98    9/1/2004        79.99      0-29      6ML         4.25
34658880         359       39,950.00   39,922.50    7.875     289.67   10/1/2004           85      0-29      6ML         6.25
35208198         359      550,000.00  550,000.00     6.75   3,093.75   10/1/2004        82.83      0-29      6ML            5
35124080         359      178,000.00  177,864.55    7.375   1,229.41   10/1/2004        64.73      0-29      6ML          4.5
35202787         359      315,750.00  315,538.13        8   2,316.87   10/1/2004        84.99      0-29      6ML        4.375
34969402         359      137,000.00  137,000.00     7.75     884.79   10/1/2004        83.03      0-29      6ML         6.25
4000177654       359      174,400.00  174,400.00    6.375      926.5   10/1/2004           80      0-29      6ML        4.125
4000166634       359      114,300.00  114,213.03    7.375     789.44   10/1/2004        89.65      0-29      6ML        5.125
34700013         359      176,000.00  176,000.00        6        880   10/1/2004           80      0-29      6ML        4.125
35102789         359      111,150.00  111,079.12     8.25     835.04   10/1/2004        89.97      0-29      6ML        4.875
4000161650       359       79,050.00   78,952.11      8.5     607.83   10/1/2004        59.44      0-29      6ML         6.75
35205236         359      503,200.00  503,200.00      6.5   2,725.67   10/1/2004           80      0-29      6ML         4.75
4000170360       359      294,500.00  294,163.36      7.5   2,059.19   10/1/2004           95      0-29      FIX            0
34998310         359      284,800.00  284,800.00     6.75   1,602.00   10/1/2004           80      0-29      6ML        4.875
4000175465       359      414,400.00  414,400.00    5.625   1,942.50   10/1/2004           80      0-29      6ML        3.625
34829614         359      187,200.00  187,200.00    5.625      877.5   10/1/2004           80      0-29      6ML        3.625
34696526         358      191,800.00  191,541.22     7.99   1,406.03    9/1/2004           70      0-29      FIX            0
35192210         359      162,000.00  161,999.99    6.625     894.38   10/1/2004           90      0-29      6ML         4.75
34003962         359      188,700.00  188,700.00    6.375   1,002.47   10/1/2004        89.99      0-29      6ML        5.625
4000167936       359      152,000.00  151,884.34    7.375   1,049.83   10/1/2004        69.72      0-29      FIX            0
35233139         359      146,000.00  146,000.00      6.5     790.83   10/1/2004        76.84      0-29      6ML        3.875
35188176         359      487,500.00  487,500.00    6.125   2,488.28   10/1/2004           75      0-29      6ML         3.75
4000164092       359      535,000.00  535,000.00    5.875   2,619.27   10/1/2004        79.97      0-29      6ML         3.75
35082700         359      221,000.00  221,000.00    7.625   1,404.27   10/1/2004           85      0-29      6ML        6.125
4000159156       359      148,000.00  148,000.00    5.999     739.88   10/1/2004           80      0-29      6ML        3.875
35303429         359      150,000.00  150,000.00    7.875     984.38   10/1/2004        76.92      0-29      6ML        5.125
35322262         359      106,300.00  106,300.00     6.75     597.94   10/1/2004        79.98      0-29      6ML         4.25
34660092         359      107,100.00  106,000.80    6.375     668.17   10/1/2004           85      0-29      6ML          4.5
34973156         359      227,050.00  227,050.00    6.875   1,300.81   10/1/2004           95      0-29      6ML         5.25
34866947         359      115,000.00  114,930.32      8.5     884.26   10/1/2004        88.46      0-29      6ML         6.25
35068766         358      210,000.00  210,000.00     6.75   1,181.25    9/1/2004           80      0-29      6ML        4.875
35245224         359      112,000.00  111,920.94     7.75     802.39   10/1/2004        78.87      0-29      6ML        5.625
34822213         358      410,000.00  410,000.00      6.5   2,220.83    9/1/2004           80      0-29      6ML        4.625
34995951         359      272,000.00  271,735.62    6.125   1,652.71   10/1/2004        93.79      0-29      6ML         5.25
4000166463       359      928,000.00  928,000.00     5.75   4,446.67   10/1/2004           80      0-29      6ML        3.375
34658294         359       80,000.00   79,950.27    8.375     608.06   10/1/2004           80      0-29      FIX            0

<CAPTION>
             INITIAL  PERIODIC                           PREPAYMENT
  LOANID       CAP      CAP       FLOOR    CEILING          TERM                                PREPAYMENT PENALTY
--------------------------------------------------------------------------------------------------------------------------
<S>             <C>      <C>      <C>       <C>              <C>                        <C>
4000169853      3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
34833707        3        1        5.625     11.625           24                              6 mo.s interest less 20% obal
35207224        3        1            6         12           24                              6 mo.s interest less 20% obal
35246149        3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
4000166384      3        1            8         14           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34939280        3        1        8.375     14.375           36                              6 mo.s interest less 20% obal
4000168157      3        1        6.875     12.875           36                              6 mo.s interest less 20% obal
34719690        3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
35187228        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
4000163934      3        1            6         12           24                              6 mo.s interest less 20% obal
35182088        3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
35158328        3        1         6.25      12.25            0                                                       None
35266824        3        1        7.875     13.875           24                              6 mo.s interest less 20% obal
4000174635      3        1        5.375     11.375           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35011485        3        1            7         13           24                              6 mo.s interest less 20% obal
35182609        0        0            0          0           36                              6 mo.s interest less 20% obal
4000166331      3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
35264415        3        1         6.25      12.25           36                              6 mo.s interest less 20% obal
34992891        3        1            6         12           36                         min (2% prepaid, 60 days interest)
4000157919      3        1         7.25      13.25            0                                                       None
4000177526      0        0            0          0           36                                                 1% prepaid
35248145        3        1        7.625     13.625           24                              6 mo.s interest less 20% obal
34798538        3        1         5.75      11.75           36                              6 mo.s interest less 20% obal
34962332        0        0            0          0           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000159283      3        1        7.125     13.125           36                              6 mo.s interest less 20% obal
4000162131      3        1        8.625     14.625           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000171420      3        1         7.25      13.25           36                              6 mo.s interest less 20% obal
4000172951      3        1        5.625     11.625           24                              6 mo.s interest less 20% obal
35108521        0        0            0          0           36                              6 mo.s interest less 20% obal
35108869        0        0            0          0           36                              6 mo.s interest less 20% obal
4000167942      3        1          5.5       11.5           36                              6 mo.s interest less 20% obal
35323336        3        1        5.625     11.625           36                              6 mo.s interest less 20% obal
4000173251      3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
34420620        3        1         8.25      14.25           24                              6 mo.s interest less 20% obal
33018482        0        0            0          0           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000163135      3        1          6.5       12.5           36                              6 mo.s interest less 20% obal
34081968        3        1          7.5       13.5           36                              6 mo.s interest less 20% obal
35246180        0        0            0          0           36                              6 mo.s interest less 20% obal
34710137        3        1         6.25      12.25           36                              6 mo.s interest less 20% obal
34376376        3        1            8         14           24                              6 mo.s interest less 20% obal
35284363        3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
35187053        3        1          6.5       12.5           36                              6 mo.s interest less 20% obal
34972067        3        1        5.375     11.375           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34895284        0        0            0          0           36                              6 mo.s interest less 20% obal
34795682        3        1         6.99      12.99            0                                                       None
4000166164      3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
35365089        3        1          7.5       13.5            0                                                       None
34973099        3        1         6.99      12.99           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000172022      0        0            0          0           36                              6 mo.s interest less 20% obal
35211374        3        1        5.375     11.375           36                              6 mo.s interest less 20% obal
4000133483      3        1        5.125     11.125           24                              6 mo.s interest less 20% obal
4000167141      3        1        7.625     13.625           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000160180      3        1          8.5       14.5           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000039681      3        1        5.625     11.625           36                         min (2% prepaid, 60 days interest)
34867705        3        1          9.5       15.5           12                              3%/2%/1%-1st yr/2nd yr/3rd yr
35150184        3        1          8.5       14.5            0                                                       None
35155134        3        1        6.875     12.875            0                                                       None
4000173080      3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
35107945        3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
35147743        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
35243575        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
34516062        3        1        8.875     14.875           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35159615        3        1          5.5       11.5            0                                                       None
4000168270      3        1        6.625     12.625            0                                                       None
35129550        3        1         6.99      12.99           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34699280        3        1        6.875     12.875           36                              6 mo.s interest less 20% obal
34749895        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
4000168277      3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
34081547        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
4000168675      3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
35010123        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
34658880        3        1        7.875     13.875           24                                                 2% prepaid
35208198        3        1         6.75      12.75           36                              6 mo.s interest less 20% obal
35124080        3        1        7.375     13.375            0                                                       None
35202787        3        1            8         14            0                                                       None
34969402        3        1         7.75      13.75           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000177654      3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
4000166634      3        1        7.375     13.375           36                              6 mo.s interest less 20% obal
34700013        3        1            6         12           24                              6 mo.s interest less 20% obal
35102789        3        1         8.25      14.25           24                              6 mo.s interest less 20% obal
4000161650      3        1          8.5       14.5           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35205236        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
4000170360      0        0            0          0           36                              6 mo.s interest less 20% obal
34998310        3        1         6.75      12.75           36                         min (2% prepaid, 60 days interest)
4000175465      3        1        5.625     11.625           24                              6 mo.s interest less 20% obal
34829614        3        1        5.625     11.625           24                              6 mo.s interest less 20% obal
34696526        0        0            0          0           36                              6 mo.s interest less 20% obal
35192210        3        1        6.625     12.625           36                              6 mo.s interest less 20% obal
34003962        3        1        6.375     12.375           36                              6 mo.s interest less 20% obal
4000167936      0        0            0          0           36                              6 mo.s interest less 20% obal
35233139        3        1          6.5       12.5           36                              6 mo.s interest less 20% obal
35188176        3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
4000164092      3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
35082700        3        1        7.625     13.625           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000159156      3        1        5.999     11.999           24                              6 mo.s interest less 20% obal
35303429        3        1        7.875     13.875           36                              6 mo.s interest less 20% obal
35322262        3        1         6.75      12.75           36                              6 mo.s interest less 20% obal
34660092        3        1        6.375     12.375           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34973156        3        1        6.875     12.875           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34866947        3        1          8.5       14.5            0                                                       None
35068766        3        1         6.75      12.75            0                                                       None
35245224        3        1         7.75      13.75            0                                                       None
34822213        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
34995951        3        1        6.125     12.125           36                         min (2% prepaid, 60 days interest)
4000166463      3        1         5.75      11.75           24                              6 mo.s interest less 20% obal
34658294        0        0            0          0            0                                                       None

<CAPTION>
                                              PAYMENT
              FIRST RATE      RATE RESET       RESET                                  MI
  LOANID      RESET DATE       FREQUENCY     FREQUENCY  PURPOSE   DIV  IO    IOTERM  FLAG
-----------------------------------------------------------------------------------------
<S>           <C>                  <C>            <C>  <C>         <C>  <C>    <C>    <C>
4000169853      9/1/2009           6              6    Purchase    N    Y      60     N
34833707        9/1/2006           6              6    Purchase    N    Y      60     N
35207224        9/1/2006           6              6    Purchase    N    Y      60     N
35246149        9/1/2006           6              6    Purchase    N    N       0     N
4000166384      9/1/2006           6              6    Purchase    N    N       0     Y
34939280        9/1/2007           6              6    C/O Refi    N    N       0     N
4000168157      9/1/2006           6              6    R/T Refi    N    Y      60     Y
34719690        9/1/2006           6              6    Purchase    N    N       0     Y
35187228        9/1/2006           6              6    C/O Refi    N    N       0     N
4000163934      8/1/2006           6              6    Purchase    N    Y      60     N
35182088        9/1/2006           6              6    C/O Refi    N    Y      60     N
35158328        9/1/2006           6              6    C/O Refi    N    Y      60     N
35266824        9/1/2006           6              6    C/O Refi    N    Y      60     N
4000174635      9/1/2009           6              6    Purchase    N    Y      60     N
35011485        9/1/2006           6              6    R/T Refi    N    Y      60     Y
35182609      00/00/0000           0              0    Purchase    N    Y      60     N
4000166331      8/1/2006           6              6    C/O Refi    N    Y      60     N
35264415        9/1/2007           6              6    Purchase    N    Y      60     N
34992891        9/1/2006           6              6    C/O Refi    N    Y      60     N
4000157919      9/1/2006           6              6    Purchase    N    N       0     N
4000177526    00/00/0000           0              0    Purchase    N    N       0     N
35248145        9/1/2007           6              6    Purchase    N    N       0     N
34798538        8/1/2007           6              6    Purchase    N    Y      60     N
34962332      00/00/0000           0              0    C/O Refi    N    N       0     Y
4000159283      8/1/2007           6              6    R/T Refi    N    N       0     Y
4000162131      9/1/2006           6              6    Purchase    N    N       0     Y
4000171420      9/1/2007           6              6    Purchase    N    Y      60     N
4000172951      9/1/2006           6              6    Purchase    N    Y      60     N
35108521      00/00/0000           0              0    Purchase    N    N       0     Y
35108869      00/00/0000           0              0    Purchase    N    N       0     N
4000167942     10/1/2007           6              6    C/O Refi    N    Y      60     N
35323336        9/1/2007           6              6    Purchase    N    Y      60     N
4000173251      9/1/2007           6              6    R/T Refi    N    N       0     Y
34420620        9/1/2006           6              6    Purchase    N    N       0     N
33018482      00/00/0000           0              0    C/O Refi    N    N       0     Y
4000163135      9/1/2007           6              6    Purchase    N    Y      60     N
34081968        9/1/2007           6              6    Purchase    N    Y      60     Y
35246180      00/00/0000           0              0    R/T Refi    N    N       0     N
34710137        8/1/2007           6              6    Purchase    N    N       0     N
34376376        9/1/2006           6              6    Purchase    N    N       0     N
35284363        9/1/2006           6              6    Purchase    N    Y      60     N
35187053        9/1/2009           6              6    Purchase    N    Y      60     N
34972067        9/1/2006           6              6    C/O Refi    N    Y      60     N
34895284      00/00/0000           0              0    R/T Refi    N    N       0     Y
34795682        8/1/2006           6              6    Purchase    N    Y      60     N
4000166164      9/1/2006           6              6    Purchase    N    Y      60     N
35365089        9/1/2006           6              6    C/O Refi    N    Y      60     N
34973099        9/1/2006           6              6    C/O Refi    N    N       0     Y
4000172022    00/00/0000           0              0    C/O Refi    N    N       0     N
35211374        9/1/2006           6              6    Purchase    N    Y      60     N
4000133483      9/1/2009           6              6    Purchase    N    Y      60     N
4000167141      9/1/2006           6              6    Purchase    N    N       0     N
4000160180      8/1/2006           6              6    R/T Refi    N    N       0     Y
4000039681      9/1/2009           6              6    Purchase    N    N       0     N
34867705        9/1/2007           6              6    Purchase    N    N       0     Y
35150184        9/1/2006           6              6    Purchase    N    Y      60     N
35155134        9/1/2006           6              6    C/O Refi    N    Y      60     Y
4000173080      9/1/2006           6              6    R/T Refi    N    N       0     N
35107945        9/1/2006           6              6    R/T Refi    N    Y      60     N
35147743        9/1/2009           6              6    Purchase    N    Y      60     N
35243575        9/1/2007           6              6    Purchase    N    Y      60     N
34516062        9/1/2006           6              6    Purchase    N    N       0     N
35159615        9/1/2007           6              6    Purchase    N    Y      60     N
4000168270      9/1/2006           6              6    Purchase    N    Y      60     N
35129550        9/1/2006           6              6    C/O Refi    N    N       0     N
34699280        9/1/2007           6              6    C/O Refi    N    N       0     N
34749895        9/1/2006           6              6    C/O Refi    N    N       0     N
4000168277      8/1/2006           6              6    Purchase    N    Y      60     N
34081547        9/1/2006           6              6    C/O Refi    N    Y      60     N
4000168675      9/1/2006           6              6    C/O Refi    N    N       0     N
35010123        8/1/2006           6              6    Purchase    N    Y      60     N
34658880        9/1/2006           6              6    C/O Refi    N    N       0     N
35208198        9/1/2007           6              6    C/O Refi    N    Y      60     N
35124080        9/1/2006           6              6    C/O Refi    N    N       0     N
35202787        9/1/2006           6              6    Purchase    N    N       0     Y
34969402        9/1/2006           6              6    Purchase    N    Y      60     N
4000177654      9/1/2006           6              6    Purchase    N    Y      60     N
4000166634      9/1/2009           6              6    Purchase    N    N       0     N
34700013        9/1/2009           6              6    Purchase    N    Y      60     N
35102789        9/1/2006           6              6    Purchase    N    N       0     Y
4000161650      9/1/2006           6              6    R/T Refi    N    N       0     N
35205236        9/1/2006           6              6    Purchase    N    Y      60     N
4000170360    00/00/0000           0              0    R/T Refi    N    N       0     Y
34998310        9/1/2007           6              6    Purchase    N    Y      60     N
4000175465      9/1/2006           6              6    Purchase    N    Y      60     N
34829614        9/1/2006           6              6    Purchase    N    Y      60     N
34696526      00/00/0000           0              0    Purchase    N    N       0     N
35192210        9/1/2007           6              6    C/O Refi    N    Y      60     Y
34003962        9/1/2006           6              6    Purchase    N    Y      60     N
4000167936    00/00/0000           0              0    R/T Refi    N    N       0     N
35233139        9/1/2009           6              6    Purchase    N    Y      60     N
35188176        9/1/2006           6              6    Purchase    N    Y      60     N
4000164092      9/1/2006           6              6    R/T Refi    N    Y      60     N
35082700        9/1/2006           6              6    C/O Refi    N    Y      60     N
4000159156      9/1/2006           6              6    Purchase    N    Y      60     N
35303429        9/1/2007           6              6    C/O Refi    N    Y      60     N
35322262        9/1/2009           6              6    Purchase    N    Y      60     N
34660092        9/1/2006           6              6    C/O Refi    N    N       0     Y
34973156        9/1/2006           6              6    R/T Refi    N    Y      60     Y
34866947        9/1/2007           6              6    R/T Refi    N    N       0     Y
35068766        8/1/2006           6              6    Purchase    N    Y      60     N
35245224        9/1/2006           6              6    C/O Refi    N    N       0     N
34822213        8/1/2006           6              6    Purchase    N    Y      60     N
34995951        9/1/2006           6              6    C/O Refi    N    N       0     Y
4000166463      9/1/2006           6              6    Purchase    N    Y      60     N
34658294      00/00/0000           0              0    Purchase    N    N       0     N
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
                                                          PROPERTY                    ORIGINAL ORIGINATION  FIRST PAY   MATURITY
  LOANID              CITY                 ZIP    STATE     TYPE       OCCUPANCY        TERM      DATE        DATE        DATE
--------------------------------------------------------------------------------------------------------------------------------
<S>           <C>                         <C>       <C>   <C>        <C>                <C>     <C>         <C>         <C>
35108109      COPPELL                     75019     TX       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35283118      WILLINGBORO                  8046     NJ       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34937771      OREGON CITY                 97045     OR       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
34017830      BATON ROUGE                 70814     LA       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
34897769      ORLANDO                     32822     FL      Condo    Investor           360      8/9/2004   10/1/2004   9/1/2034
35113323      FRIENDSWOOD                 77546     TX       PUD     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34957209      MURRIETA                    92563     CA       PUD     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
34976043      MADISON                     44057     OH       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
4000122401    MESA                        85210     AZ       SFR     Owner Occupied     360     7/20/2004    9/1/2004   8/1/2034
34714105      SAN JACINTO                 92583     CA       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
4000157862    BROOKLYN                    49230     MI       SFR     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
35032572      APPLE VALLEY                92307     CA       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
4000172292    HUBBARD                     44425     OH       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
34854380      ROCKFORD                    61101     IL       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34930552      TUALATIN                    97062     OR       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34653675      HARDY                       50545     IA       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
4000168785    AKRON                       44310     OH       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
35403161      CLARKSVILLE                 37043     TN       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34551887      AUSTIN                      78728     TX       SFR     Owner Occupied     360      7/8/2004    9/1/2004   8/1/2034
4000175476    PORT JEFFERSON STAT         11776     NY       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
4000166976    SAN JOSE                    95119     CA       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
34375238      HOWELL                       7731     NJ       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
34901421      PALM BAY                    32909     FL       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
4000171801    SAN RAMON                   94583     CA       PUD     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
33179805      DETROIT                     48221     MI       SFR     Owner Occupied     360     7/16/2004    9/1/2004   8/1/2034
34857763      LAOTTO                      46763     IN       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
4000161839    SARASOTA                    34240     FL       SFR     Owner Occupied     360     7/27/2004   10/1/2004   9/1/2034
34861799      AURORA                      60505     IL       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34693358      MIAMI                       33144     FL       SFR     Owner Occupied     360     7/16/2004    9/1/2004   8/1/2034
35205772      HEMET                       92545     CA       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
4000165112    RENTON                      98055     WA      Condo    Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
4000168422    ROSWELL                     30075     GA      Condo    Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
4000176809    MANTECA                     95337     CA       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
35190057      SAN MARCOS                  92069     CA      Condo    Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
34801662      SAN DIEGO                   92108     CA      Condo    Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
34528638      SPRINGFIELD                 65803     MO       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
35033448      RIALTO                      92376     CA       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
35206986      HEMET                       92544     CA       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
4000172164    HIALEAH                     33012     FL       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34236323      CHANDLER                    85225     AZ       SFR     Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
35024512      LOS ANGELES                 90063     CA       SFR     Owner Occupied     360     7/21/2004    9/1/2004   8/1/2034
35106848      AUSTIN                      78759     TX       PUD     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
4000167915    AZUSA                       91702     CA       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
34264945      AUSTIN                      78748     TX       SFR     Owner Occupied     360     5/17/2004    7/1/2004   6/1/2034
34464545      BAKERSFIELD                 93304     CA       SFR     Owner Occupied     360     7/26/2004    9/1/2004   8/1/2034
34238865      ALBUQUERQUE                 87123     NM       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
34721001      SAN BERNARDINO              92405     CA       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
35000264      WAVERLY                     55390     MN       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
4000177820    SUNNYVALE                   94086     CA      Condo    Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34937078      EAGLE POINT                 97524     OR       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
4000168842    BOCA RATON                  33428     FL      Condo    Owner Occupied     360      8/5/2004    9/1/2004   8/1/2034
34896670      CENTRE                      35960     AL       SFR     Owner Occupied     180     7/28/2004    9/1/2004   8/1/2019
35266063      BEAUMONT                    92223     CA       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
35303924      LAS VEGAS                   89131     NV       PUD     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
4000173206    SACRAMENTO                  95815     CA       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
34868539      ROTTERDAM                   12303     NY       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34502864      WASHINGTON                  15301     PA       SFR     Owner Occupied     360     7/13/2004    9/1/2004   8/1/2034
34968883      COLUMBUS                    43230     OH       SFR     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
4000161533    DETROIT                     48223     MI       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
34897413      ORLANDO                     32817     FL       PUD     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
35106277      CADDO MILLS                 75135     TX       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
34613190      ROCKFORD                    61107     IL       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
4000164849    EAST SPARTA                 44626     OH       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
35158922      CHATTANOOGA                 37411     TN       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34801266      SAN DIEGO                   92114     CA       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
4000161465    TAYLOR                      48180     MI       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35127422      NAPERVILLE                  60563     IL      Condo    Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35075100      MINT HILL                   28227     NC       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
4000161920    CLIMAX                      49034     MI       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
34850941      CALUMET CITY                60409     IL       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
35282946      JAMAICA                     11434     NY    Units 2-4  Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34650556      OSKALOOSA                   52577     IA       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
34526970      EXCELSIOR SPRINGS           64024     MO       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
4000167278    SAGINAW                     48604     MI       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
35364645      NEPHI                       84648     UT       SFR     Owner Occupied     360     8/28/2004   10/1/2004   9/1/2034
35151299      CANTON                      30115     GA       SFR     Investor           360      8/6/2004   10/1/2004   9/1/2034
4000175573    FAIR OAKS                   95628     CA       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
4000160448    DEARBORN HEIGHTS            48127     MI       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
4000164520    RENTON                      98058     WA       PUD     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
4000167026    LOS ANGELES                 90032     CA      Condo    Owner Occupied     360     7/27/2004    9/1/2004   8/1/2034
35362110      SANDY                       84094     UT       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
34758060      TEMPLE HILLS                20748     MD       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
4000168693    OROVILLE                    95966     CA       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
35223676      DELTONA                     32725     FL       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
35225622      PACE                        32571     FL       SFR     Owner Occupied     180     8/20/2004   10/1/2004   9/1/2019
34653097      SAINT LOUIS                 63116     MO       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34658658      SAINT PETERS                63303     MO      Condo    Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
4000175785    COLUMBUS                    43227     OH       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34457895      MURFREESBORO                37128     TN       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
34575506      LOUISVILLE                  80027     CO       PUD     Owner Occupied     360     6/30/2004    8/1/2004   7/1/2034
35233923      JACKSONVILLE                32218     FL       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
4000168891    PARMA                       44134     OH       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34699496      FT. LAUDERDALE              33311     FL      Condo    Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35036599      ALHAMBRA                    91801     CA       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34998278      OAKDALE                     55128     MN       PUD     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34380659      BRONX                       10469     NY       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
34697177      HOLLYWOOD                   33021     FL      Condo    Owner Occupied     360      8/5/2004    9/1/2004   8/1/2034
4000171834    SANTA MARIA                 93455     CA       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
35012129      LITTLETON                   80123     CO       PUD     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34461285      SWAINSBORO                  30401     GA       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
34621805      CHICAGO                     60624     IL    Units 2-4  Owner Occupied     360     6/25/2004    8/1/2004   7/1/2034
35242122      ALVIN                       77511     TX       SFR     Owner Occupied     180     8/20/2004   10/1/2004   9/1/2019
4000166112    DETROIT                     48219     MI       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
4000166000    LONG BEACH                  90802     CA    Condo >4   Owner Occupied     360     7/26/2004    9/1/2004   8/1/2034
4000160505    SAN JOSE                    95112     CA       SFR     Owner Occupied     360      7/9/2004    9/1/2004   8/1/2034

<CAPTION>
                                                                                      ORIGINAL
                                                                                      COMBAINED
              REMAINING     ORIGINAL   SCHEDULED                       PAID THRU       LOAN TO      OTS
  LOANID        TERM        BALANCE     BALANCE      RATE      P&I        DATE          VALUE   DELINQUENCY INDEX       MARGIN
------------------------------------------------------------------------------------------------------------------------------
<S>              <C>      <C>         <C>           <C>     <C>        <C>              <C>        <C>       <C>        <C>
35108109         359      155,900.00  155,759.06      6.5      985.4   10/1/2004        79.99      0-29      6ML        4.625
35283118         359      177,650.00  177,542.37      8.5   1,365.98   10/1/2004           85      0-29      FIX            0
34937771         359      220,000.00  220,000.00        6   1,100.00   10/1/2004           80      0-29      6ML        4.125
34017830         359      117,000.00  117,000.00    7.375     719.06   10/1/2004           90      0-29      6ML        5.625
34897769         359       73,950.00   73,893.72    7.375     510.76   10/1/2004           85      0-29      6ML          4.5
35113323         359      112,400.00  112,300.00     6.99     654.73   10/1/2004           80      0-29      6ML         4.75
34957209         359      315,500.00  315,500.00      6.5   1,708.96   10/1/2004        58.32      0-29      6ML         4.25
34976043         359      121,500.00  121,424.48    8.375     923.49   10/1/2004           90      0-29      6ML        6.375
4000122401       358       92,800.00   92,799.67      6.5     502.67    9/1/2004           80      0-29      6ML        4.375
34714105         359      200,000.00  200,000.00    5.875     979.17   10/1/2004           80      0-29      6ML            4
4000157862       358      102,850.00  102,737.23        9     827.55    9/1/2004           85      0-29      6ML         7.25
35032572         359      283,100.00  282,909.65     7.99   2,075.32   10/1/2004           95      0-29      6ML         6.25
4000172292       359       94,000.00   93,938.51    8.125     697.95   10/1/2004          100      0-29      6ML          6.5
34854380         359       64,000.00   63,957.06        8     469.61   10/1/2004           80      0-29      6ML        5.875
34930552         359      228,000.00  228,000.00      5.5   1,045.00   10/1/2004           80      0-29      6ML          3.5
34653675         359       80,900.00   80,856.95    9.125     658.23   10/1/2004        89.99      0-29      6ML            6
4000168785       359       51,550.00   51,512.69    7.625     364.87   10/1/2004        89.97      0-29      6ML         6.25
35403161         359       79,600.00   79,600.00    6.125     406.29   10/1/2004           80      0-29      6ML            4
34551887         358      112,000.00  111,852.97    8.125      831.6   10/1/2004           80      0-29      FIX            0
4000175476       359      451,250.00  450,906.64    7.375   3,116.67   10/1/2004           95      0-29      6ML            6
4000166976       359      416,000.00  416,000.00    6.375   2,210.00   10/1/2004           80      0-29      6ML        3.875
34375238         359      120,000.00  119,921.50    8.125        891   10/1/2004           60      0-29      6ML        5.875
34901421         359      135,750.00  135,675.69     8.99   1,091.30   10/1/2004           95      0-29      6ML         5.25
4000171801       359      519,200.00  519,200.00    5.875   2,541.92   10/1/2004           80      0-29      6ML        3.875
33179805         358      104,000.00  103,859.96        8     763.12    9/1/2004           80      0-29      6ML        6.125
34857763         359       51,500.00   51,464.43    8.375     391.44   10/1/2004        79.97      0-29      6ML         6.25
4000161839       359      365,600.00  365,244.66    6.125   2,221.42   10/1/2004           80      0-29      6ML         3.75
34861799         359       81,250.00   81,250.00    7.625     516.28   10/1/2004        79.97      0-29      6ML        5.625
34693358         358      217,600.00  217,284.02    7.625   1,540.16    9/1/2004           80      0-29      6ML         5.75
35205772         359      198,900.00  198,728.74     6.75   1,290.07   10/1/2004           90      0-29      6ML          5.5
4000165112       359      145,600.00  145,600.00    6.625     803.83   10/1/2004           80      0-29      6ML        3.875
4000168422       359      221,200.00  221,200.00    4.875     898.63   10/1/2004           80      0-29      6ML        3.375
4000176809       359      288,000.00  288,000.00        6   1,440.00   10/1/2004           80      0-29      6ML        3.875
35190057         359      115,000.00  115,000.00      6.5     622.92   10/1/2004        39.52      0-29      6ML        3.625
34801662         359      299,250.00  299,250.00     6.75   1,683.28   10/1/2004           95      0-29      6ML            5
34528638         359       89,000.00   88,953.85     9.25     732.19   10/1/2004          100      0-29      6ML         7.25
35033448         359      224,000.00  224,000.00    6.125   1,143.33   10/1/2004           80      0-29      6ML         4.25
35206986         359      320,000.00  320,000.00    7.125   1,900.00   10/1/2004          100      0-29      6ML          5.5
4000172164       359      230,000.00  230,000.00     7.25   1,389.58   10/1/2004          100      0-29      6ML        5.875
34236323         358      113,600.00  113,600.00        6        568    9/1/2004           80      0-29      6ML         3.75
35024512         358      221,000.00  221,000.00      5.5   1,012.92    9/1/2004        79.93      0-29      6ML          3.5
35106848         358      146,400.00  146,086.23    5.625     842.77    9/1/2004           80      0-29      6ML         3.75
4000167915       359      264,000.00  264,000.00    6.625   1,457.50   10/1/2004           80      0-29      6ML         4.75
34264945         356      107,200.00  107,200.00     6.25     558.33    8/1/2004        79.53      0-29      6ML        4.625
34464545         358      124,000.00  124,000.00     5.75     594.17    9/1/2004           80      0-29      6ML          3.5
34238865         359       91,400.00   91,326.91    7.125     615.78   11/1/2004        79.97      0-29      6ML        5.125
34721001         359      169,150.00  169,057.61        9   1,361.02   10/1/2004           85      0-29      FIX            0
35000264         359      137,650.00  137,650.00      6.5      745.6   10/1/2004        79.99      0-29      6ML            4
4000177820       359      336,000.00  335,724.53    6.999   2,235.19   10/1/2004        92.56      0-29      6ML         5.25
34937078         359      189,900.00  189,755.49    7.375   1,311.60   10/1/2004           95      0-29      6ML            5
4000168842       358      108,000.00  107,789.52    6.125     656.22    9/1/2004           80      0-29      6ML         4.25
34896670         178       40,000.00   39,778.08      8.5      393.9   10/1/2004        76.92      0-29      FIX            0
35266063         359       96,450.00   96,314.23        7     641.69   10/1/2004        73.07      0-29      6ML        4.625
35303924         359      288,000.00  288,000.00    6.375   1,530.00   10/1/2004           80      0-29      6ML          4.5
4000173206       359      191,450.00  191,450.00    5.375     857.54   10/1/2004        79.98      0-29      6ML        4.125
34868539         359      280,500.00  280,325.65    8.375   2,132.01   10/1/2004           85      0-29      6ML        6.125
34502864         358      135,900.00  135,697.64      7.5     950.24    9/1/2004           90      0-29      FIX            0
34968883         358      153,800.00  153,587.61    7.875   1,115.16    9/1/2004        94.94      0-29      6ML          6.5
4000161533       359       76,500.00   76,444.63    7.625     541.46   10/1/2004           90      0-29      6ML            6
34897413         359      116,000.00  115,900.12     6.75     752.38   10/1/2004        77.33      0-29      6ML        4.875
35106277         359      118,400.00  118,302.75     6.99     786.93   10/1/2004        82.22      0-29      6ML            5
34613190         359      312,000.00  311,703.96     6.25   1,921.04   10/1/2004           80      0-29      6ML            5
4000164849       359      129,600.00  129,527.34    8.875   1,031.16   10/1/2004           80      0-29      6ML         6.25
35158922         359       68,800.00   68,800.00     6.75        387   10/1/2004           80      0-29      6ML          4.5
34801266         359      333,000.00  333,000.00     7.75   2,150.63   10/1/2004           90      0-29      6ML         5.75
4000161465       359      104,000.00  104,000.00      6.5     563.33   10/1/2004           80      0-29      6ML         4.75
35127422         359      185,000.00  184,852.06    7.125   1,246.38   10/1/2004          100      0-29      6ML         5.75
35075100         359      143,900.00  143,900.00        6      719.5   10/1/2004        79.99      0-29      6ML        3.875
4000161920       359       85,450.00   85,381.67    7.125     575.69   10/1/2004        79.97      0-29      6ML        5.375
34850941         359       86,400.00   86,400.00    6.625        477   10/1/2004           80      0-29      6ML         4.75
35282946         359      403,850.00  403,850.00    6.375   2,145.45   10/1/2004          100      0-29      6ML         5.25
34650556         359       40,800.00   40,765.00      7.5     285.28   10/1/2004           80      0-29      6ML          5.5
34526970         359      109,500.00  109,414.57     7.25     746.99   10/1/2004        91.25      0-29      6ML        5.875
4000167278       359       70,550.00   70,510.45    8.875     561.33   10/1/2004           85      0-29      6ML        5.625
35364645         359       92,700.00   92,700.00    6.625     511.78   10/1/2004        79.98      0-29      6ML          4.5
35151299         359      268,000.00  267,745.70     6.25   1,650.13   10/1/2004           80      0-29      6ML        4.125
4000175573       359      216,000.00  216,000.00     6.25   1,125.00   10/1/2004           80      0-29      6ML        4.375
4000160448       359      144,400.00  144,272.60    6.625     924.61   10/1/2004           80      0-29      6ML         5.25
4000164520       359      437,590.00  437,590.00     6.75   2,461.44   10/1/2004           80      0-29      6ML        4.125
4000167026       358      223,250.00  223,250.00    6.125   1,139.51    9/1/2004           95      0-29      6ML         4.75
35362110         359      246,050.00  245,867.39      7.5   1,720.42   10/1/2004           95      0-29      6ML            6
34758060         359      212,000.00  212,000.00        6   1,060.00   10/1/2004           80      0-29      6ML         4.25
4000168693       359       94,000.00   93,924.83    7.125      633.3   10/1/2004        78.99      0-29      FIX            0
35223676         359      139,500.00  139,500.00      8.5     988.13   10/1/2004           90      0-29      6ML        5.875
35225622         179      110,000.00  109,678.58    7.875   1,043.30   10/1/2004        50.46      0-29      FIX            0
34653097         359       69,400.00   69,345.85     7.25     473.44   10/1/2004        79.98      0-29      6ML         5.25
34658658         359      125,000.00  124,929.92    8.875     994.56   10/1/2004          100      0-29      6ML        6.125
4000175785       359       80,700.00   80,632.20    6.875     530.14   10/1/2004        86.77      0-29      FIX            0
34457895         359       81,600.00   81,600.00     6.25        425   10/1/2004           80      0-29      6ML        4.125
34575506         357      450,000.00  448,515.53      5.5   2,555.06    9/1/2004        73.77      0-29      6ML         3.25
35233923         359      118,000.00  118,000.00    7.875     774.38   10/1/2004          100      0-29      6ML        5.625
4000168891       359      102,500.00  102,431.21    7.999     752.04   10/1/2004          100      0-29      6ML        5.125
34699496         359       40,000.00   39,980.83    9.625        340   11/1/2004        75.47      0-29      FIX            0
35036599         359      399,200.00  399,200.00        6   1,996.00   10/1/2004           80      0-29      6ML         3.75
34998278         359      144,000.00  144,000.00      6.5        780   10/1/2004           80      0-29      6ML         4.75
34380659         359      250,750.00  250,750.00    8.375   1,750.03   10/1/2004           85      0-29      6ML        6.375
34697177         358       54,300.00   54,201.55      6.5     343.22    9/1/2004        79.97      0-29      6ML        4.375
4000171834       359      255,900.00  255,900.00    6.125   1,306.16   10/1/2004        79.99      0-29      6ML         3.75
35012129         359      296,780.00  296,780.00      6.5   1,607.56   10/1/2004           80      0-29      6ML          4.5
34461285         359       88,000.00   88,000.00    7.875      577.5   10/1/2004           80      0-29      6ML          5.5
34621805         357      251,000.00  250,490.14     7.99   1,840.00    9/1/2004        94.72      0-29      6ML         6.25
35242122         179       99,050.00   98,737.23     6.99     889.74   10/1/2004        75.61      0-29      FIX            0
4000166112       359       45,000.00   45,000.00    8.875     332.81   10/1/2004           90      0-29      6ML         7.25
4000166000       358      448,000.00  448,000.00    6.999   2,612.96    9/1/2004           80      0-29      6ML        4.625
4000160505       358      420,000.00  420,000.00    5.375   1,881.25    9/1/2004           80      0-29      6ML          3.5

<CAPTION>
             INITIAL  PERIODIC                           PREPAYMENT
  LOANID       CAP      CAP       FLOOR    CEILING          TERM                                PREPAYMENT PENALTY
--------------------------------------------------------------------------------------------------------------------------
<S>             <C>      <C>      <C>       <C>              <C>                        <C>
35108109        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
35283118        0        0            0          0            0                                                       None
34937771        3        1            6         12           24                              6 mo.s interest less 20% obal
34017830        3        1        7.375     13.375           36                              6 mo.s interest less 20% obal
34897769        3        1        7.375     13.375           12                              6 mo.s interest less 20% obal
35113323        3        1         6.99      12.99           36                              6 mo.s interest less 20% obal
34957209        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
34976043        3        1        8.375     14.375           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000122401      3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
34714105        3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
4000157862      3        1            9         15           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35032572        3        1         7.99      13.99           36                              6 mo.s interest less 20% obal
4000172292      3        1        8.125     14.125           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34854380        3        1            8         14           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34930552        3        1          5.5       11.5           24                              6 mo.s interest less 20% obal
34653675        3        1        9.125     15.125           36                              6 mo.s interest less 20% obal
4000168785      3        1        7.625     13.625           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35403161        3        1        6.125     12.125           36                              6 mo.s interest less 20% obal
34551887        0        0            0          0            0                                                       None
4000175476      3        1        7.375     13.375            0                                                       None
4000166976      3        1        6.375     12.375            0                                                       None
34375238        3        1        8.125     14.125            0                                                       None
34901421        3        1         8.99      14.99           24                              6 mo.s interest less 20% obal
4000171801      3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
33179805        3        1            8         14           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34857763        3        1        8.375     14.375           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000161839      3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
34861799        3        1        7.625     13.625           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34693358        3        1        7.625     13.625           24                              6 mo.s interest less 20% obal
35205772        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
4000165112      3        1        6.625     12.625           12                              6 mo.s interest less 20% obal
4000168422      3        1        4.875     10.875            0                                                       None
4000176809      3        1            6         12           24                              6 mo.s interest less 20% obal
35190057        3        1          6.5       12.5           36                              6 mo.s interest less 20% obal
34801662        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
34528638        3        1         9.25      15.25           24                                                 2% prepaid
35033448        3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
35206986        3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
4000172164      3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
34236323        3        1            6         12           36                              6 mo.s interest less 20% obal
35024512        3        1          5.5       11.5           24                              6 mo.s interest less 20% obal
35106848        3        1        5.625     11.625           24                              6 mo.s interest less 20% obal
4000167915      3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
34264945        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
34464545        3        1         5.75      11.75           36                              6 mo.s interest less 20% obal
34238865        3        1        7.125     13.125            0                                                       None
34721001        0        0            0          0           12                              6 mo.s interest less 20% obal
35000264        3        1          6.5       12.5           36                         min (2% prepaid, 60 days interest)
4000177820      3        1        6.999     12.999           24                              6 mo.s interest less 20% obal
34937078        3        1        7.375     13.375           24                              6 mo.s interest less 20% obal
4000168842      3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
34896670        0        0            0          0            0                                                       None
35266063        3        1            7         13           36                              6 mo.s interest less 20% obal
35303924        3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
4000173206      3        1        5.375     11.375           36                              6 mo.s interest less 20% obal
34868539        3        1        8.375     14.375            0                                                       None
34502864        0        0            0          0           36                              6 mo.s interest less 20% obal
34968883        3        1        7.875     13.875           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000161533      3        1        7.625     13.625           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34897413        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
35106277        3        1         6.99      12.99            0                                                       None
34613190        3        1         6.25      12.25           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000164849      3        1        8.875     14.875           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35158922        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
34801266        3        1         7.75      13.75           24                              6 mo.s interest less 20% obal
4000161465      3        1          6.5       12.5           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35127422        3        1        7.125     13.125           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35075100        3        1            6         12            0                                                       None
4000161920      3        1        7.125     13.125           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34850941        3        1        6.625     12.625           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35282946        3        1        6.375     12.375            0                                                       None
34650556        3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
34526970        3        1         7.25      13.25           24                                                 2% prepaid
4000167278      3        1        8.875     14.875           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35364645        3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
35151299        3        1         6.25      12.25            0                                                       None
4000175573      3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
4000160448      3        1        6.625     12.625           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000164520      3        1         6.75      12.75            0                                                       None
4000167026      3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
35362110        3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
34758060        3        1            6         12           24                              6 mo.s interest less 20% obal
4000168693      0        0            0          0           36                              6 mo.s interest less 20% obal
35223676        3        1          8.5       14.5            0                                                       None
35225622        0        0            0          0           36                              6 mo.s interest less 20% obal
34653097        3        1         7.25      13.25           24                                                 2% prepaid
34658658        3        1        8.875     14.875           24                                                 2% prepaid
4000175785      0        0            0          0           36                                                 1% prepaid
34457895        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
34575506        3        1          5.5       11.5           36                              6 mo.s interest less 20% obal
35233923        3        1        7.875     13.875           24                              6 mo.s interest less 20% obal
4000168891      3        1        7.999     13.999           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34699496        0        0            0          0           36                              6 mo.s interest less 20% obal
35036599        3        1            6         12           36                              6 mo.s interest less 20% obal
34998278        3        1          6.5       12.5           36                         min (2% prepaid, 60 days interest)
34380659        3        1        8.375     14.375            0                                                       None
34697177        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
4000171834      3        1        6.125     12.125           36                              6 mo.s interest less 20% obal
35012129        3        1          6.5       12.5           12                              6 mo.s interest less 20% obal
34461285        3        1        7.875     13.875            0                                                       None
34621805        3        1         7.99      13.99            0                                                       None
35242122        0        0            0          0            0                                                       None
4000166112      3        1        8.875     14.875           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000166000      3        1        6.999     12.999           24                              6 mo.s interest less 20% obal
4000160505      3        1        5.375     11.375           24                              6 mo.s interest less 20% obal

<CAPTION>
                                              PAYMENT
              FIRST RATE      RATE RESET       RESET                                  MI
  LOANID      RESET DATE       FREQUENCY     FREQUENCY  PURPOSE   DIV  IO    IOTERM  FLAG
-----------------------------------------------------------------------------------------
<S>           <C>                  <C>            <C>  <C>         <C>  <C>    <C>    <C>
35108109        9/1/2007           6              6    Purchase    N    N       0     N
35283118      00/00/0000           0              0    C/O Refi    N    N       0     N
34937771        9/1/2006           6              6    Purchase    N    Y      60     N
34017830        9/1/2007           6              6    Purchase    N    Y      60     N
34897769        9/1/2006           6              6    Purchase    N    N       0     Y
35113323        9/1/2009           6              6    Purchase    N    Y      60     N
34957209        9/1/2006           6              6    Purchase    N    Y      60     N
34976043        9/1/2006           6              6    R/T Refi    N    N       0     Y
4000122401      8/1/2006           6              6    Purchase    N    Y      60     N
34714105        9/1/2006           6              6    Purchase    N    Y      60     N
4000157862      8/1/2006           6              6    C/O Refi    N    N       0     Y
35032572        9/1/2009           6              6    C/O Refi    N    N       0     N
4000172292      9/1/2006           6              6    Purchase    N    N       0     N
34854380        9/1/2006           6              6    Purchase    N    N       0     N
34930552        9/1/2006           6              6    Purchase    N    Y      60     N
34653675        9/1/2007           6              6    Purchase    N    N       0     Y
4000168785      9/1/2006           6              6    Purchase    N    N       0     Y
35403161        9/1/2007           6              6    Purchase    N    Y      60     N
34551887      00/00/0000           0              0    C/O Refi    N    N       0     N
4000175476      9/1/2007           6              6    C/O Refi    N    N       0     N
4000166976      9/1/2006           6              6    Purchase    N    Y      60     N
34375238        9/1/2006           6              6    C/O Refi    N    N       0     N
34901421        9/1/2006           6              6    Purchase    N    N       0     Y
4000171801      9/1/2006           6              6    Purchase    N    Y      60     N
33179805        8/1/2006           6              6    Purchase    N    N       0     N
34857763        9/1/2006           6              6    Purchase    N    N       0     N
4000161839      9/1/2009           6              6    R/T Refi    N    N       0     N
34861799        9/1/2006           6              6    Purchase    N    Y      60     N
34693358        8/1/2006           6              6    C/O Refi    N    N       0     N
35205772        9/1/2006           6              6    C/O Refi    N    N       0     N
4000165112      9/1/2006           6              6    Purchase    N    Y      60     N
4000168422      9/1/2006           6              6    Purchase    N    Y      60     N
4000176809      9/1/2006           6              6    C/O Refi    N    Y      60     N
35190057        9/1/2007           6              6    C/O Refi    N    Y      60     N
34801662        9/1/2006           6              6    Purchase    N    Y      60     N
34528638        9/1/2006           6              6    Purchase    N    N       0     N
35033448        9/1/2006           6              6    Purchase    N    Y      60     N
35206986        9/1/2006           6              6    Purchase    N    Y      60     N
4000172164      9/1/2006           6              6    Purchase    N    Y      60     N
34236323        8/1/2007           6              6    Purchase    N    Y      60     N
35024512        8/1/2006           6              6    Purchase    N    Y      60     N
35106848        8/1/2006           6              6    Purchase    N    N       0     N
4000167915      9/1/2006           6              6    Purchase    N    Y      60     N
34264945        6/1/2006           6              6    Purchase    N    Y      60     N
34464545        8/1/2007           6              6    Purchase    N    Y      60     N
34238865        9/1/2006           6              6    Purchase    N    N       0     N
34721001      00/00/0000           0              0    C/O Refi    N    N       0     Y
35000264        9/1/2009           6              6    Purchase    N    Y      60     N
4000177820      9/1/2006           6              6    R/T Refi    N    N       0     Y
34937078        9/1/2006           6              6    Purchase    N    N       0     Y
4000168842      8/1/2006           6              6    Purchase    N    N       0     N
34896670      00/00/0000           0              0    C/O Refi    N    N       0     N
35266063        9/1/2007           6              6    C/O Refi    N    N       0     N
35303924        9/1/2006           6              6    Purchase    N    Y      60     N
4000173206      9/1/2006           6              6    Purchase    N    Y      60     N
34868539        9/1/2007           6              6    Purchase    N    N       0     N
34502864      00/00/0000           0              0    R/T Refi    N    N       0     N
34968883        8/1/2006           6              6    R/T Refi    N    N       0     Y
4000161533      9/1/2006           6              6    R/T Refi    N    N       0     N
34897413        9/1/2006           6              6    C/O Refi    N    N       0     N
35106277        9/1/2006           6              6    C/O Refi    N    N       0     N
34613190        9/1/2006           6              6    C/O Refi    N    N       0     N
4000164849      9/1/2006           6              6    C/O Refi    N    N       0     N
35158922        9/1/2006           6              6    C/O Refi    N    Y      60     N
34801266        9/1/2006           6              6    C/O Refi    N    Y      60     N
4000161465      9/1/2006           6              6    Purchase    N    Y      60     N
35127422        9/1/2006           6              6    Purchase    N    N       0     Y
35075100        9/1/2007           6              6    Purchase    N    Y      60     N
4000161920      9/1/2006           6              6    Purchase    N    N       0     N
34850941        9/1/2006           6              6    Purchase    N    Y      60     N
35282946        9/1/2007           6              6    Purchase    N    Y      60     N
34650556        9/1/2006           6              6    Purchase    N    N       0     N
34526970        9/1/2006           6              6    R/T Refi    N    N       0     Y
4000167278      9/1/2006           6              6    C/O Refi    N    N       0     Y
35364645        9/1/2006           6              6    Purchase    N    Y      60     N
35151299        9/1/2006           6              6    Purchase    N    N       0     N
4000175573      9/1/2006           6              6    Purchase    N    Y      60     N
4000160448      9/1/2006           6              6    Purchase    N    N       0     N
4000164520      9/1/2007           6              6    C/O Refi    N    Y      60     N
4000167026      8/1/2006           6              6    Purchase    N    Y      60     Y
35362110        9/1/2006           6              6    C/O Refi    N    N       0     Y
34758060        9/1/2006           6              6    Purchase    N    Y      60     N
4000168693    00/00/0000           0              0    R/T Refi    N    N       0     N
35223676        9/1/2006           6              6    Purchase    N    Y      60     N
35225622      00/00/0000           0              0    C/O Refi    N    N       0     N
34653097        9/1/2006           6              6    C/O Refi    N    N       0     N
34658658        9/1/2006           6              6    C/O Refi    N    N       0     N
4000175785    00/00/0000           0              0    R/T Refi    N    N       0     N
34457895        9/1/2006           6              6    C/O Refi    N    Y      60     N
34575506        7/1/2009           6              6    C/O Refi    N    N       0     N
35233923        9/1/2006           6              6    Purchase    N    Y      60     N
4000168891      9/1/2006           6              6    Purchase    N    N       0     N
34699496      00/00/0000           0              0    C/O Refi    N    N       0     N
35036599        9/1/2009           6              6    Purchase    N    Y      60     N
34998278        9/1/2006           6              6    Purchase    N    Y      60     N
34380659        9/1/2006           6              6    R/T Refi    N    Y      60     N
34697177        8/1/2006           6              6    Purchase    N    N       0     N
4000171834      9/1/2009           6              6    Purchase    N    Y      60     N
35012129        9/1/2006           6              6    Purchase    N    Y      60     N
34461285        9/1/2007           6              6    C/O Refi    N    Y      60     N
34621805        7/1/2006           6              6    C/O Refi    N    N       0     N
35242122      00/00/0000           0              0    C/O Refi    N    N       0     N
4000166112      9/1/2006           6              6    Purchase    N    Y      60     N
4000166000      8/1/2006           6              6    C/O Refi    N    Y      60     N
4000160505      8/1/2006           6              6    Purchase    N    Y      60     N
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
                                                          PROPERTY                    ORIGINAL ORIGINATION  FIRST PAY   MATURITY
  LOANID              CITY                 ZIP    STATE     TYPE       OCCUPANCY        TERM      DATE        DATE        DATE
--------------------------------------------------------------------------------------------------------------------------------
<S>           <C>                         <C>       <C>   <C>        <C>                <C>     <C>         <C>         <C>
4000178022    TULARE                      93274     CA       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35160084      ATLANTA                     30331     GA       PUD     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34645747      KAUKAUNA                    54130     WI       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
34937607      EAGLE POINT                 97524     OR       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
35157791      ATLANTA                     30349     GA       PUD     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35145895      ATLANTA                     30315     GA       SFR     Investor           360      8/2/2004    9/1/2004   8/1/2034
34713172      HEMET                       92545     CA       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
4000177369    OKLAHOMA CITY               73114     OK       SFR     Investor           360     8/31/2004   10/1/2004   9/1/2034
35186691      FLAGSTAFF                   86004     AZ       PUD     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
35146851      GAINESVILLE                 30506     GA       PUD     Owner Occupied     360      8/2/2004    9/1/2004   8/1/2034
4000166309    CONCORD                     94520     CA       SFR     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
35266055      MORENO VALLEY               92551     CA       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
34719377      SAN JACINTO                 92583     CA       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
4000165779    FAIRFIELD                   94533     CA       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
4000167308    NAPA                        94588     CA       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
34824482      PAWTUCKET                    2861     RI    Units 2-4  Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35122852      PEORIA                      61604     IL       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
34992495      GOLDEN VALLEY               55427     MN      Condo    Owner Occupied     360      8/2/2004    9/1/2004   8/1/2034
35004175      LONGMONT                    80501     CO       SFR     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
34995514      MINNEAPOLIS                 55406     MN       SFR     Owner Occupied     360      9/1/2004   10/1/2004   9/1/2034
34990721      SAINT PAUL                  55106     MN       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
35303098      GARDNERVILLE                89460     NV       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
4000176303    HIALEAH                     33016     FL      Condo    Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35203892      SAN DIEGO                   92154     CA       PUD     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
4000141466    SAN JOSE                    95136     CA       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
35010255      DENVER                      80112     CO      Condo    Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35223817      ATLANTIC BEACH              32233     FL       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
34895607      JACKSONVILLE                32218     FL       PUD     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
35146612      DECATUR                     37322     TN       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
33634171      MADISON HTS                 48071     MI       SFR     Owner Occupied     360      8/3/2004    9/1/2004   8/1/2034
4000167996    LOS GATOS                   95032     CA      Condo    Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
4000163843    RIVERHEAD                   11901     NY       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
4000172727    ANTIOCH                     94509     CA       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
35035278      HESPERIA                    92345     CA       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
4000175369    MIAMI                       33145     FL    Condo >4   Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34115055      TORRANCE                    90501     CA      Condo    Owner Occupied     360     7/13/2004    9/1/2004   8/1/2034
34860908      LOWELL                      46356     IN       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
35116094      ROUND ROCK                  78664     TX       PUD     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35150168      CLARKSVILLE                 37042     TN       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
34739961      WEST JORDAN                 84088     UT       SFR     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
34257774      APOPKA                      32712     FL       PUD     Owner Occupied     360     5/20/2004    7/1/2004   6/1/2034
35073444      MOUNT PLEASANT              29464     SC      Condo    Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
34965111      LOYALL                      40854     KY       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
33016544      MUNCIE                      47303     IN       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
35344852      HARPERS                     25425     WV       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34660415      SAINT CHARLES               63303     MO       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34972968      BATAVIA                     45103     OH       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
4000162169    SHADYSIDE                   43947     OH       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
34798322      VALLEY CENTER               92082     CA       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
35183805      SAN JOSE                    95112     CA      Condo    Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
35303494      LAS VEGAS                   89141     NV       PUD     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
35192202      BANNING AREA                92220     CA       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
35016641      NORTHGLENN                  80233     CO       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000164871    INGLEWOOD                   90302     CA       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
34860718      HAMMOND                     46323     IN       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
34080721      HENDERSON                   89015     NV       PUD     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
34719989      SAN BERNARDINO              92407     CA       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
4000169651    HIALEAH                     33018     FL      Condo    Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
4000167656    ROSEVILLE                   48066     MI       SFR     Owner Occupied     360      8/5/2004    9/1/2004   8/1/2034
34833483      BUZZARDS BAY                 2532     MA       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
35080423      SUMTER                      29150     SC       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
35223502      PENSACOLA                   32526     FL       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34525899      SPRINGDALE                  72762     AR       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
34524728      FORT SMITH                  72903     AR       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
34655787      SOUTH MILWAUKEE             53172     WI       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35245901      HOUSTON                     77022     TX       SFR     Investor           360     8/26/2004   10/1/2004   9/1/2034
4000170318    SAN JOSE                    95148     CA       PUD     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
34973693      RADCLIFF                    40160     KY       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
35266139      SALTON CITY                 92275     CA       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
34378281      PHILADELPHIA                19124     PA       SFR     Owner Occupied     180     7/29/2004    9/1/2004   8/1/2019
4000162611    WOODLAND HILLS AREA         91367     CA       SFR     Owner Occupied     360     7/26/2004    9/1/2004   8/1/2034
4000168685    LAWRENCE                     1841     MA    Units 2-4  Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
35135466      AURORA                      60505     IL       SFR     Owner Occupied     180     8/26/2004   10/1/2004   9/1/2019
35302736      LAS VEGAS                   89148     NV       PUD     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
34959825      HESPERIA                    92345     CA       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
4000177453    LEWISTON                    96052     CA       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34948935      HAWTHORNE AREA              90250     CA       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
4000157801    EMERALD LAKES               18346     PA       PUD     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
4000165843    CONCORD                     94521     CA       PUD     Owner Occupied     360     7/26/2004   10/1/2004   9/1/2034
34736785      SALT LAKE CITY              84115     UT       SFR     Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
33936816      EUCLID                      44117     OH       SFR     Investor           360      8/2/2004    9/1/2004   8/1/2034
34958249      DESERT HOT SPRINGS          92240     CA       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
34859587      NORFOLK                     68701     NE       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
35243443      HOUSTON                     77099     TX       PUD     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34831370      SACO                         4072     ME    Units 2-4  Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34926063      MULINO                      97042     OR       SFR     Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
35186840      ANAHEIM                     92807     CA       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
34653311      KANSAS CITY                 64131     MO       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35030683      ALHAMBRA                    91803     CA       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
35204338      WINCHESTER                  92596     CA       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
35204718      SAN DIEGO                   92154     CA       PUD     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
34053611      SAN ANTONIO                 78233     TX       SFR     Owner Occupied     180      7/8/2004    9/1/2004   8/1/2019
34569020      AURORA                      80011     CO       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
35034479      BELL                        90201     CA       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
35159805      MARIETTA                    30064     GA       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35192194      RIVERSIDE AREA              92507     CA       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35197086      LONG BEACH                  90810     CA       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000174752    METHUEN                      1844     MA    Units 2-4  Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000175652    SEASIDE                     93955     CA       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
4000176979    GRAND PRAIRIE               75052     TX       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34696799      MIAMI                       33145     FL       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
35103928      SOUTH PADRE ISLAND          78597     TX      Condo    Investor           360      8/5/2004   10/1/2004   9/1/2034
34939785      STANFIELD                   97875     OR       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
35032374      LANCASTER                   93536     CA       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
35032986      ARCADIA                     91007     CA       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034

<CAPTION>
                                                                                      ORIGINAL
                                                                                      COMBAINED
              REMAINING     ORIGINAL   SCHEDULED                       PAID THRU       LOAN TO      OTS
  LOANID        TERM        BALANCE     BALANCE      RATE      P&I        DATE          VALUE   DELINQUENCY INDEX       MARGIN
------------------------------------------------------------------------------------------------------------------------------
<S>              <C>      <C>         <C>           <C>     <C>        <C>              <C>        <C>       <C>        <C>
4000178022       359      132,000.00  132,000.00    6.625     728.75   10/1/2004           80      0-29      6ML        3.875
35160084         359      179,735.20  179,735.20    5.625     842.51   10/1/2004           80      0-29      6ML        3.875
34645747         359       89,100.00   89,030.49     7.25     607.82   10/1/2004           90      0-29      6ML        5.625
34937607         359      288,000.00  287,745.90    6.625   1,844.10   10/1/2004           90      0-29      6ML        5.125
35157791         359      176,896.00  176,896.00     6.25     921.33   10/1/2004           80      0-29      6ML        4.375
35145895         358       53,600.00   53,511.86        7     356.61    9/1/2004           80      0-29      6ML        4.625
34713172         359      199,200.00  199,200.00    6.625   1,099.75   10/1/2004           80      0-29      6ML            5
4000177369       359       42,700.00   42,672.06    8.125     317.05   10/1/2004           70      0-29      6ML         5.25
35186691         359      155,000.00  154,879.08     7.25   1,057.38   10/1/2004        67.39      0-29      6ML            5
35146851         358      143,920.00  143,920.00     6.75     809.55    9/1/2004           80      0-29      6ML        4.625
4000166309       358      316,550.00  315,918.16        6   1,897.88    9/1/2004           80      0-29      6ML          4.5
35266055         359      195,000.00  195,000.00     6.25   1,015.63   10/1/2004        76.47      0-29      6ML         4.25
34719377         359      190,400.00  190,400.00    5.375     852.83   10/1/2004           80      0-29      6ML        3.375
4000165779       359      220,800.00  220,800.00     6.25   1,150.00   10/1/2004           80      0-29      6ML        3.875
4000167308       359      234,400.00  234,400.00    5.999   1,171.80   10/1/2004           80      0-29      6ML         4.25
34824482         359      208,800.00  208,560.49     5.25   1,153.01   10/1/2004           80      0-29      6ML        3.875
35122852         359      109,800.00  109,705.46     6.75     712.17   10/1/2004           90      0-29      6ML        5.125
34992495         358      196,000.00  196,000.00    6.375   1,041.25    9/1/2004           80      0-29      6ML         4.25
35004175         358      184,000.00  184,000.00    6.125     939.17    9/1/2004           80      0-29      6ML         4.25
34995514         359       92,750.00   92,750.00     8.25     637.66   10/1/2004        89.96      0-29      6ML        6.625
34990721         359      136,000.00  135,870.95     6.25     837.38   10/1/2004           80      0-29      6ML          4.5
35303098         359      225,000.00  224,845.42    8.125   1,670.62   10/1/2004           90      0-29      6ML        6.625
4000176303       359      143,000.00  142,900.00     8.25     983.12   10/1/2004          100      0-29      6ML         5.75
35203892         359      484,000.00  484,000.00        6   2,420.00   10/1/2004           80      0-29      6ML            4
4000141466       359      440,000.00  440,000.00    5.625   2,062.50   10/1/2004           80      0-29      6ML         3.75
35010255         359      112,400.00  112,400.00     6.75     632.25   10/1/2004           80      0-29      6ML        4.375
35223817         359      121,600.00  121,600.00     7.25     734.67   10/1/2004           95      0-29      6ML         5.25
34895607         359      115,000.00  114,908.03    7.125     774.78   10/1/2004        84.13      0-29      6ML         5.25
35146612         359       72,800.00   72,749.89    7.875     527.86   10/1/2004           80      0-29      6ML          4.5
33634171         358      170,900.00  170,900.00    6.625     943.51    9/1/2004           95      0-29      6ML        5.375
4000167996       359      339,200.00  339,200.00     6.25   1,766.67   10/1/2004           80      0-29      6ML        4.125
4000163843       359      213,000.00  212,807.45      6.5   1,346.30   10/1/2004        88.75      0-29      6ML        5.125
4000172727       359      248,000.00  248,000.00     6.25   1,291.67   10/1/2004           80      0-29      6ML        4.375
35035278         359      168,750.00  168,401.11    6.625   1,080.53   10/1/2004           75      0-29      6ML         3.75
4000175369       359      181,800.00  181,800.00     8.75   1,325.62   10/1/2004           90      0-29      6ML          6.5
34115055         358      431,200.00  430,389.20    6.375   2,690.13    9/1/2004           80      0-29      6ML            4
34860908         359      115,200.00  115,085.31        6     690.69   10/1/2004        79.45      0-29      6ML        4.125
35116094         359      127,250.00  127,150.73     7.25     868.07   10/1/2004        94.68      0-29      6ML          5.5
35150168         359       55,520.00   55,520.00        7     323.87   10/1/2004           80      0-29      6ML         5.25
34739961         358      124,000.00  123,997.50     6.75      697.5    9/1/2004           80      0-29      6ML        6.875
34257774         356      194,500.00  194,500.00    6.875   1,114.32    9/1/2004        89.99      0-29      6ML        5.625
35073444         359       77,600.00   77,600.00        7     452.67   10/1/2004           80      0-29      6ML        4.125
34965111         359       53,000.00   52,965.32    8.125     393.53   10/1/2004          100      0-29      6ML         6.25
33016544         359       46,000.00   45,969.13        8     337.54   10/1/2004          100      0-29      6ML        6.625
35344852         359      173,000.00  172,865.04     7.25   1,180.17   10/1/2004          100      0-29      6ML        5.875
34660415         359      129,600.00  129,501.38    7.375     895.12   10/1/2004        94.95      0-29      6ML        5.875
34972968         359      152,000.00  151,892.72     7.75   1,088.95   10/1/2004        84.92      0-29      FIX            0
4000162169       359      103,000.00  102,913.46    6.875     676.64   10/1/2004        89.57      0-29      FIX            0
34798322         359      600,000.00  600,000.00    7.125   3,562.50   10/1/2004           75      0-29      6ML          4.5
35183805         359      383,900.00  383,900.00     6.25   1,999.48   10/1/2004           80      0-29      6ML         4.25
35303494         359      182,650.00  182,650.00     6.99   1,063.94   10/1/2004        89.98      0-29      6ML            5
35192202         359      279,000.00  279,000.00    6.625   1,540.31   10/1/2004           90      0-29      6ML          5.5
35016641         359      199,500.00  199,500.00    7.375   1,226.09   10/1/2004           95      0-29      6ML         5.75
4000164871       359      192,000.00  191,838.70    6.875   1,261.30   10/1/2004        56.47      0-29      6ML         4.75
34860718         359       76,500.00   76,458.21        9     615.54   10/1/2004           90      0-29      FIX            0
34080721         359      268,000.00  268,000.00    5.625   1,256.25   10/1/2004           80      0-29      6ML         3.75
34719989         359       60,000.00   59,964.57    8.625     466.68   10/1/2004        32.97      0-29      FIX            0
4000169651       359      166,250.00  166,135.59    7.875   1,205.43   10/1/2004           95      0-29      FIX            0
4000167656       358       79,200.00   79,053.46    6.875     520.29   11/1/2004           80      0-29      6ML            5
34833483         359      205,600.00  205,600.00     5.75     985.17   10/1/2004        79.69      0-29      6ML         4.25
35080423         359       65,000.00   64,956.38        8     476.95   10/1/2004          100      0-29      FIX            0
35223502         359       48,500.00   48,500.00    8.625     348.59   10/1/2004        69.29      0-29      6ML          6.5
34525899         359      124,650.00  124,572.51    8.375     947.44   10/1/2004           90      0-29      6ML        6.625
34524728         359      652,000.00  652,000.00    6.375   3,463.75   10/1/2004        70.49      0-29      6ML         3.75
34655787         359      206,100.00  205,922.54     6.75   1,336.77   10/1/2004           90      0-29      6ML        5.625
35245901         359       60,800.00   60,736.51     5.75     354.82   10/1/2004           80      0-29      6ML          3.5
4000170318       359      560,000.00  560,000.00    5.875   2,741.67   10/1/2004        75.17      0-29      6ML        3.375
34973693         359       53,900.00   53,860.98    7.625     381.51   10/1/2004          100      0-29      6ML         6.25
35266139         359       52,800.00   52,800.00    6.875      302.5   10/1/2004           80      0-29      6ML        4.875
34378281         178       67,600.00   67,172.20        7     607.61    9/1/2004           80      0-29      FIX            0
4000162611       358      715,000.00  715,000.00    6.375   3,798.44    9/1/2004           65      0-29      6ML        3.875
4000168685       359      230,000.00  229,801.97     6.75   1,491.78   10/1/2004        73.48      0-29      6ML        4.625
35135466         179      150,100.00  149,661.40    7.875   1,423.63   10/1/2004           95      0-29      FIX            0
35302736         359      206,450.00  206,450.00     6.25   1,075.26   10/1/2004        79.99      0-29      6ML          4.5
34959825         359      130,400.00  130,400.00     5.99     650.91   10/1/2004           80      0-29      6ML        3.875
4000177453       359       96,900.00   96,829.87    7.625     685.85   10/1/2004           95      0-29      FIX            0
34948935         359      347,900.00  347,900.00    5.625   1,630.78   10/1/2004           80      0-29      6ML        3.375
4000157801       359      100,000.00  100,000.00    6.999     583.25   10/1/2004           80      0-29      6ML        3.625
4000165843       359      225,000.00  225,000.00    6.375   1,195.31   10/1/2004           90      0-29      6ML         5.25
34736785         358      139,600.00  139,600.00     6.99     813.17    9/1/2004           80      0-29      6ML            5
33936816         358       80,100.00   79,971.05     7.25     546.43    9/1/2004           90      0-29      6ML          5.5
34958249         359      170,000.00  169,876.96    7.625   1,203.25   10/1/2004           85      0-29      6ML        6.125
34859587         359      181,450.00  181,315.33      7.5   1,268.73   10/1/2004           95      0-29      6ML        6.125
35243443         359       88,000.00   87,931.35     7.25     600.32   10/1/2004           80      0-29      6ML          5.5
34831370         359      195,000.00  195,000.00        7   1,137.50   10/1/2004          100      0-29      6ML        5.625
34926063         358      164,000.00  163,656.72     5.75     957.06    9/1/2004           80      0-29      6ML        3.875
35186840         359      600,000.00  599,554.71      7.5   4,195.29   10/1/2004        34.29      0-29      6ML        5.375
34653311         359       56,000.00   55,955.21    7.125     377.29   10/1/2004           80      0-29      6ML        5.375
35030683         359      344,000.00  344,000.00    6.125   1,755.83   10/1/2004           80      0-29      6ML        4.375
35204338         359      415,800.00  415,799.46     5.75   1,992.38   10/1/2004           90      0-29      6ML         4.75
35204718         359      523,650.00  523,176.61      6.5   3,309.83   10/1/2004           95      0-29      6ML            5
34053611         178       67,200.00   66,792.81      7.5     622.96    9/1/2004           80      0-29      FIX            0
34569020         359      173,700.00  173,700.00        7   1,013.25   10/1/2004           90      0-29      6ML        4.625
35034479         359      240,000.00  240,000.00    7.125   1,425.00   10/1/2004        78.69      0-29      FIX            0
35159805         359      131,950.00  131,950.00    7.375     810.94   10/1/2004           95      0-29      6ML         5.75
35192194         359      270,000.00  269,789.37     7.25   1,841.88   10/1/2004        85.17      0-29      6ML        5.875
35197086         359      336,000.00  335,762.85     7.75   2,407.15   10/1/2004           64      0-29      6ML         5.75
4000174752       359      292,000.00  292,000.00    6.375   1,551.25   10/1/2004           80      0-29      6ML        4.375
4000175652       359      560,000.00  560,000.00    7.125   3,325.00   10/1/2004          100      0-29      6ML          5.5
4000176979       359      113,400.00  113,325.82    8.125     841.99   10/1/2004        99.98      0-29      FIX            0
34696799         359      247,200.00  247,200.00     5.99   1,233.94   10/1/2004           80      0-29      6ML        4.125
35103928         359       51,200.00   51,169.77    8.625     398.23   10/1/2004           80      0-29      6ML        5.375
34939785         359       83,000.00   82,942.88    7.875     601.81   10/1/2004        98.81      0-29      6ML            6
35032374         359      281,600.00  281,600.00      6.5   1,525.33   10/1/2004           80      0-29      6ML        4.875
35032986         359      875,000.00  875,000.00     5.99   4,367.71   10/1/2004        77.78      0-29      6ML        3.625

<CAPTION>
             INITIAL  PERIODIC                           PREPAYMENT
  LOANID       CAP      CAP       FLOOR    CEILING          TERM                                PREPAYMENT PENALTY
--------------------------------------------------------------------------------------------------------------------------
<S>             <C>      <C>      <C>       <C>              <C>                        <C>
4000178022      3        1        6.625     12.625           12                              6 mo.s interest less 20% obal
35160084        3        1        5.625     11.625            0                                                       None
34645747        3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
34937607        3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
35157791        3        1         6.25      12.25            0                                                       None
35145895        3        1            7         13            0                                                       None
34713172        3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
4000177369      3        1        8.125     14.125           24                              6 mo.s interest less 20% obal
35186691        3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
35146851        3        1         6.75      12.75            0                                                       None
4000166309      3        1            6         12           24                              6 mo.s interest less 20% obal
35266055        3        1         6.25      12.25           36                              6 mo.s interest less 20% obal
34719377        3        1        5.375     11.375           24                              6 mo.s interest less 20% obal
4000165779      3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
4000167308      3        1        5.999     11.999           24                              6 mo.s interest less 20% obal
34824482        3        1         5.25      11.25           24                              6 mo.s interest less 20% obal
35122852        3        1         6.75      12.75           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34992495        3        1        6.375     12.375           36                         min (2% prepaid, 60 days interest)
35004175        3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
34995514        3        1         8.25      14.25           36                         min (2% prepaid, 60 days interest)
34990721        3        1         6.25      12.25           36                         min (2% prepaid, 60 days interest)
35303098        3        1        8.125     14.125           24                              6 mo.s interest less 20% obal
4000176303      3        1         8.25      14.25           24                              6 mo.s interest less 20% obal
35203892        3        1            6         12           24                              6 mo.s interest less 20% obal
4000141466      3        1        5.625     11.625           24                              6 mo.s interest less 20% obal
35010255        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
35223817        3        1         7.25      13.25           36                              6 mo.s interest less 20% obal
34895607        3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
35146612        3        1        7.875     13.875           24                              6 mo.s interest less 20% obal
33634171        3        1        6.625     12.625           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000167996      3        1         6.25      12.25           36                              6 mo.s interest less 20% obal
4000163843      3        1          6.5       12.5            0                                                       None
4000172727      3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
35035278        3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
4000175369      3        1         8.75      14.75           24                              6 mo.s interest less 20% obal
34115055        3        1        6.375     12.375           36                              6 mo.s interest less 20% obal
34860908        3        1            6         12           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35116094        3        1         7.25      13.25           36                              6 mo.s interest less 20% obal
35150168        3        1            7         13           24                              6 mo.s interest less 20% obal
34739961        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
34257774        3        1        6.875     12.875           36                              6 mo.s interest less 20% obal
35073444        3        1            7         13            0                                                       None
34965111        3        1        8.125     14.125           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
33016544        3        1            8         14           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35344852        3        1         7.25      13.25            0                                                       None
34660415        3        1        7.375     13.375           24                                                 2% prepaid
34972968        0        0            0          0           36                                                 1% prepaid
4000162169      0        0            0          0           36                                                 1% prepaid
34798322        3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
35183805        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
35303494        3        1         6.99      12.99            0                                                       None
35192202        3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
35016641        3        1        7.375     13.375           24                              6 mo.s interest less 20% obal
4000164871      3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
34860718        0        0            0          0           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34080721        3        1        5.625     11.625           24                              6 mo.s interest less 20% obal
34719989        0        0            0          0           36                              6 mo.s interest less 20% obal
4000169651      0        0            0          0           36                              6 mo.s interest less 20% obal
4000167656      3        1        6.875     12.875           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34833483        3        1         5.75      11.75           36                              6 mo.s interest less 20% obal
35080423        0        0            0          0            0                                                       None
35223502        3        1        8.625     14.625           24                              6 mo.s interest less 20% obal
34525899        3        1        8.375     14.375           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34524728        3        1        6.375     12.375           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34655787        3        1         6.75      12.75           12                              6 mo.s interest less 20% obal
35245901        3        1         5.75      11.75           36                              6 mo.s interest less 20% obal
4000170318      3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
34973693        3        1        7.625     13.625           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35266139        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
34378281        0        0            0          0           36                              6 mo.s interest less 20% obal
4000162611      1        1        6.375     12.375           36                              6 mo.s interest less 20% obal
4000168685      3        1         6.75      12.75           36                              6 mo.s interest less 20% obal
35135466        0        0            0          0            0                                                       None
35302736        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
34959825        3        1         5.99      11.99           24                              6 mo.s interest less 20% obal
4000177453      0        0            0          0           36                              6 mo.s interest less 20% obal
34948935        3        1        5.625     11.625           36                              6 mo.s interest less 20% obal
4000157801      3        1        6.999     12.999           24                              6 mo.s interest less 20% obal
4000165843      3        1        6.375     12.375           36                              6 mo.s interest less 20% obal
34736785        3        1         6.99      12.99           24                              6 mo.s interest less 20% obal
33936816        3        1         7.25      13.25           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34958249        3        1        7.625     13.625           24                              6 mo.s interest less 20% obal
34859587        3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
35243443        3        1         7.25      13.25           36                              6 mo.s interest less 20% obal
34831370        3        1            7         13            0                                                       None
34926063        3        1         5.75      11.75           24                              6 mo.s interest less 20% obal
35186840        3        1          7.5       13.5           12                              6 mo.s interest less 20% obal
34653311        3        1        7.125     13.125           24                                                 2% prepaid
35030683        3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
35204338        1        1         5.75      11.75           24                              6 mo.s interest less 20% obal
35204718        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
34053611        0        0            0          0            0                                                       None
34569020        3        1            7         13           24                              6 mo.s interest less 20% obal
35034479        0        0            0          0           36                              6 mo.s interest less 20% obal
35159805        3        1        7.375     13.375            0                                                       None
35192194        3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
35197086        3        1         7.75      13.75           24                              6 mo.s interest less 20% obal
4000174752      3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
4000175652      3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
4000176979      0        0            0          0           36                              6 mo.s interest less 20% obal
34696799        3        1         5.99      11.99           24                              6 mo.s interest less 20% obal
35103928        3        1        8.625     14.625           24                              6 mo.s interest less 20% obal
34939785        3        1        7.875     13.875           24                              6 mo.s interest less 20% obal
35032374        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
35032986        3        1         5.99      11.99           24                              6 mo.s interest less 20% obal

<CAPTION>
                                              PAYMENT
              FIRST RATE      RATE RESET       RESET                                  MI
  LOANID      RESET DATE       FREQUENCY     FREQUENCY  PURPOSE   DIV  IO    IOTERM  FLAG
-----------------------------------------------------------------------------------------
<S>           <C>                  <C>            <C>  <C>         <C>  <C>    <C>    <C>
4000178022      9/1/2006           6              6    Purchase    N    Y      60     N
35160084        9/1/2007           6              6    Purchase    N    Y      60     N
34645747        9/1/2006           6              6    C/O Refi    N    N       0     Y
34937607        9/1/2006           6              6    C/O Refi    N    N       0     Y
35157791        9/1/2007           6              6    Purchase    N    Y      60     N
35145895        8/1/2006           6              6    C/O Refi    N    N       0     N
34713172        9/1/2006           6              6    Purchase    N    Y      60     N
4000177369      9/1/2006           6              6    C/O Refi    N    N       0     N
35186691        9/1/2006           6              6    C/O Refi    N    N       0     N
35146851        8/1/2007           6              6    Purchase    N    Y      60     N
4000166309      8/1/2006           6              6    Purchase    N    N       0     N
35266055        9/1/2009           6              6    C/O Refi    N    Y      60     N
34719377        9/1/2006           6              6    Purchase    N    Y      60     N
4000165779      9/1/2009           6              6    Purchase    N    Y      60     N
4000167308      9/1/2006           6              6    Purchase    N    Y      60     N
34824482        9/1/2006           6              6    Purchase    N    N       0     N
35122852        9/1/2006           6              6    C/O Refi    N    N       0     N
34992495        8/1/2007           6              6    Purchase    N    Y      60     N
35004175        8/1/2006           6              6    R/T Refi    N    Y      60     N
34995514        9/1/2006           6              6    Purchase    N    Y      60     N
34990721        9/1/2006           6              6    C/O Refi    N    N       0     N
35303098        9/1/2006           6              6    Purchase    N    N       0     Y
4000176303      9/1/2006           6              6    Purchase    N    Y      60     N
35203892        9/1/2006           6              6    Purchase    N    Y      60     N
4000141466      9/1/2006           6              6    Purchase    N    Y      60     N
35010255        9/1/2006           6              6    Purchase    N    Y      60     N
35223817        9/1/2007           6              6    C/O Refi    N    Y      60     Y
34895607        9/1/2006           6              6    R/T Refi    N    N       0     N
35146612        9/1/2006           6              6    C/O Refi    N    N       0     N
33634171        8/1/2007           6              6    Purchase    N    Y      60     Y
4000167996      9/1/2007           6              6    Purchase    N    Y      60     N
4000163843      9/1/2006           6              6    C/O Refi    N    N       0     N
4000172727      9/1/2006           6              6    Purchase    N    Y      60     N
35035278        9/1/2006           6              6    Purchase    N    N       0     N
4000175369      9/1/2006           6              6    Purchase    N    Y      60     N
34115055        8/1/2009           6              6    Purchase    N    N       0     N
34860908        9/1/2006           6              6    Purchase    N    N       0     N
35116094        9/1/2007           6              6    R/T Refi    N    N       0     Y
35150168        9/1/2006           6              6    Purchase    N    Y      60     N
34739961        8/1/2006           6              6    Purchase    N    Y      60     N
34257774        6/1/2009           6              6    Purchase    N    Y      60     Y
35073444        9/1/2009           6              6    Purchase    N    Y      60     N
34965111        9/1/2006           6              6    C/O Refi    N    N       0     Y
33016544        9/1/2006           6              6    Purchase    N    N       0     Y
35344852        9/1/2006           6              6    Purchase    N    N       0     N
34660415        9/1/2006           6              6    Purchase    N    N       0     Y
34972968      00/00/0000           0              0    C/O Refi    N    N       0     N
4000162169    00/00/0000           0              0    Purchase    N    N       0     N
34798322        9/1/2006           6              6    C/O Refi    N    Y      60     N
35183805        9/1/2006           6              6    Purchase    N    Y      60     N
35303494        9/1/2006           6              6    Purchase    N    Y      60     Y
35192202        9/1/2006           6              6    Purchase    N    Y      60     N
35016641        9/1/2006           6              6    C/O Refi    N    Y      60     N
4000164871      9/1/2006           6              6    C/O Refi    N    N       0     N
34860718      00/00/0000           0              0    Purchase    N    N       0     Y
34080721        9/1/2006           6              6    Purchase    N    Y      60     N
34719989      00/00/0000           0              0    C/O Refi    N    N       0     N
4000169651    00/00/0000           0              0    R/T Refi    N    N       0     N
4000167656      8/1/2006           6              6    Purchase    N    N       0     N
34833483        9/1/2006           6              6    Purchase    N    Y      60     N
35080423      00/00/0000           0              0    Purchase    N    N       0     N
35223502        9/1/2006           6              6    Purchase    N    Y      60     N
34525899        9/1/2006           6              6    Purchase    N    N       0     Y
34524728        9/1/2007           6              6    R/T Refi    N    Y      60     N
34655787        9/1/2006           6              6    C/O Refi    N    N       0     N
35245901        9/1/2007           6              6    C/O Refi    N    N       0     N
4000170318      9/1/2009           6              6    Purchase    N    Y      60     N
34973693        9/1/2006           6              6    Purchase    N    N       0     N
35266139        9/1/2006           6              6    Purchase    N    Y      60     N
34378281      00/00/0000           0              0    C/O Refi    N    N       0     N
4000162611      2/1/2005           6              6    C/O Refi    N    Y      60     N
4000168685      9/1/2007           6              6    C/O Refi    N    N       0     N
35135466      00/00/0000           0              0    C/O Refi    N    N       0     N
35302736        9/1/2006           6              6    Purchase    N    Y      60     N
34959825        9/1/2006           6              6    Purchase    N    Y      60     N
4000177453    00/00/0000           0              0    C/O Refi    N    N       0     Y
34948935        9/1/2009           6              6    Purchase    N    Y      60     N
4000157801      9/1/2009           6              6    Purchase    N    Y      60     N
4000165843      9/1/2007           6              6    C/O Refi    N    Y      60     N
34736785        8/1/2006           6              6    Purchase    N    Y      60     N
33936816        8/1/2006           6              6    Purchase    N    N       0     Y
34958249        9/1/2006           6              6    C/O Refi    N    N       0     N
34859587        9/1/2006           6              6    C/O Refi    N    N       0     Y
35243443        9/1/2007           6              6    Purchase    N    N       0     N
34831370        9/1/2006           6              6    Purchase    N    Y      60     N
34926063        8/1/2009           6              6    Purchase    N    N       0     N
35186840        9/1/2006           6              6    Purchase    N    N       0     N
34653311        9/1/2006           6              6    Purchase    N    N       0     N
35030683        9/1/2006           6              6    Purchase    N    Y      60     N
35204338        3/1/2005           6              6    Purchase    N    Y      60     Y
35204718        9/1/2006           6              6    Purchase    N    N       0     Y
34053611      00/00/0000           0              0    C/O Refi    N    N       0     N
34569020        9/1/2009           6              6    R/T Refi    N    Y      60     Y
35034479      00/00/0000           0              0    C/O Refi    N    Y      60     N
35159805        9/1/2007           6              6    Purchase    N    Y      60     Y
35192194        9/1/2006           6              6    C/O Refi    N    N       0     N
35197086        9/1/2006           6              6    C/O Refi    N    N       0     N
4000174752      9/1/2006           6              6    Purchase    N    Y      60     N
4000175652      9/1/2006           6              6    Purchase    N    Y      60     N
4000176979    00/00/0000           0              0    Purchase    N    N       0     N
34696799        9/1/2006           6              6    Purchase    N    Y      60     N
35103928        9/1/2006           6              6    C/O Refi    N    N       0     N
34939785        9/1/2006           6              6    C/O Refi    N    N       0     N
35032374        9/1/2006           6              6    Purchase    N    Y      60     N
35032986        9/1/2006           6              6    Purchase    N    Y      60     N
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
                                                          PROPERTY                    ORIGINAL ORIGINATION  FIRST PAY   MATURITY
  LOANID              CITY                 ZIP    STATE     TYPE       OCCUPANCY        TERM      DATE        DATE        DATE
--------------------------------------------------------------------------------------------------------------------------------
<S>           <C>                         <C>       <C>   <C>        <C>                <C>     <C>         <C>         <C>
35126440      ELGIN                       60123     IL       PUD     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
35206937      EL CAJON                    92021     CA       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
35264209      RIVERSIDE                   92503     CA       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
4000172316    NAPLES                      34120     FL       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
4000172409    HOLLISTER                   95023     CA       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
34715763      WINCHESTER                  92596     CA       SFR     Owner Occupied     360     7/21/2004    9/1/2004   8/1/2034
34856559      HANOVER PARK                60103     IL       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
35107234      SAN ANTONIO                 78227     TX       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
4000163626    NEWMAN                      95360     CA       SFR     Owner Occupied     360     7/19/2004    9/1/2004   8/1/2034
34718932      MORENO VALLEY               92551     CA       PUD     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
4000167747    ELK GROVE                   95624     CA       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
35263896      LA QUINTA                   92253     CA       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
34977546      PITTSBURGH                  15235     PA       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34645416      MILWAUKEE                   53212     WI       SFR     Owner Occupied     180      8/5/2004   10/1/2004   9/1/2019
34080309      VALENCIA                    91354     CA       PUD     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
4000173818    MORENO VALLEY               92555     CA       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000175486    EAST SETAUKET               11733     NY       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000169306    MARYSVILLE                  95901     CA       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
34956136      HUNTINGTON BEACH            92648     CA      Condo    Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
35036102      WHITTIER                    90604     CA       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
4000169841    MONTESANO                   98563     WA       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
35015924      AURORA                      80010     CO       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000161653    PAINESVILLE                 44077     OH       SFR     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
34919357      MADISON                     37115     TN       PUD     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
35069418      CHARLOTTE                   28217     NC       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34017376      STEPHENVILLE                76401     TX    Units 2-4  Investor           360      8/9/2004   10/1/2004   9/1/2034
34017384      STEPHENVILLE                76401     TX    Units 2-4  Investor           360      8/9/2004   10/1/2004   9/1/2034
4000152347    HOWELL                       7731     NJ      Condo    Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35182542      SACRAMENTO                  95835     CA       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
35007624      MONUMENT                    80132     CO       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
35148287      LAWRENCEVILLE               30045     GA       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
35106525      SAN ANTONIO                 78237     TX       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
4000159710    MARIETTA                    30064     GA       PUD     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
35244623      HOUSTON                     77064     TX       SFR     Owner Occupied     180     8/25/2004   10/1/2004   9/1/2019
4000176055    NEWINGTON                    6111     CT       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34970665      MASSILLON                   44646     OH       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
4000161462    EAST LANSING                48823     MI      Condo    Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
4000154390    ANTIOCH                     94509     CA       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
4000172361    ORANGEVALE                  95662     CA       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
35342732      WASHINGTON                  20011     DC       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
35103209      PFLUGERVILLE                78660     TX       PUD     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
35249549      HOUSTON                     77089     TX       PUD     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
35151414      MANCHESTER                  31816     GA       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
4000177817    WILLIS                      77318     TX       PUD     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
34647032      FOND DU LAC                 54935     WI       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
34738229      HAILEY                      83333     ID       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34852202      DAVIS JUNCTION              61020     IL       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
35086263      COLUMBUS                    43213     OH       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
35011097      LITTLETON                   80127     CO       PUD     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34999359      BLAINE                      55014     MN       PUD     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34833129      BRISTOL                      6010     CT       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
35127737      ROCKFORD                    61101     IL       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
35030204      CITRUS HEIGHTS              95610     CA    Units 2-4  Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34972125      CINCINNATI                  45240     OH    Units 2-4  Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
34971846      CLEVES                      45002     OH       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
4000173840    SAN RAMON                   94583     CA       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35403252      FAIRBURN                    30213     GA       SFR      Second Home       360     8/30/2004   10/1/2004   9/1/2034
34981647      POWELL                      43065     OH       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
4000166513    TEMECULA                    92591     CA       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
35203876      MISSION VIEJO               92691     CA       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
4000172418    SAN FRANCISCO               94103     CA      Condo    Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
34860619      PLAINFIELD                  60544     IL       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
4000168017    NORTH  WALES                19454     PA       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
34376798      WANTAGE                      7461     NJ       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
4000175049    CONCORD                     94521     CA       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
35132042      RIVER GROVE                 60171     IL       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000154496    DAYTON                      89403     NV       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
35244177      HOUSTON                     77047     TX       PUD     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
4000160807    SOUTH EUCLID                44121     OH       SFR     Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
35190826      SAN BERNARDINO              92405     CA      Condo    Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
35009554      COLORADO SPRINGS            80907     CO       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34717868      MORENO VALLEY               92551     CA       PUD     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
35159888      GRAYSON                     30017     GA       PUD     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
34561373      EL PASO                     79912     TX       SFR     Owner Occupied     360     7/27/2004    9/1/2004   8/1/2034
35207547      WINCHESTER                  92596     CA       PUD     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
34021386      HOUSTON                     77089     TX       PUD     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35159854      AUGUSTA                     30906     GA       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
4000164967    SIMI VALLEY                 93065     CA       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
35069665      NEWPORT                     28570     NC       SFR     Owner Occupied     360      8/5/2004    9/1/2004   8/1/2034
35157247      ATLANTA                     30324     GA      Condo    Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35231935      PLEASANT GROVE              35127     AL       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
4000170003    SACRAMENTO                  95826     CA       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
35071265      LELAND                      28451     NC       SFR     Owner Occupied     360      8/2/2004    9/1/2004   8/1/2034
4000163137    WAYNE                       19087     PA      Condo    Investor           360     8/20/2004   10/1/2004   9/1/2034
4000149999    TRACY                       95377     CA       SFR     Owner Occupied     360     7/19/2004    9/1/2004   8/1/2034
34090522      SANTA CLARITA               91350     CA       SFR     Owner Occupied     360     4/21/2004    6/1/2004   5/1/2034
4000176969    CEDAR HILL                  75104     TX       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35075894      GARNER                      27529     NC       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
35007665      DENVER                      80224     CO      Condo    Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
33176033      FLINT                       48504     MI       SFR     Owner Occupied     360     7/26/2004    9/1/2004   8/1/2034
35242882      DENHAM SPRINGS              70726     LA       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
34276477      LA PORTE                    77571     TX       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
35008465      CENTENNIAL                  80015     CO       SFR     Owner Occupied     360      8/2/2004    9/1/2004   8/1/2034
34923961      PORTLAND                    97229     OR       SFR     Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
34941245      WHITE CITY                  97503     OR       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
4000162590    MODESTO                     95358     CA       SFR     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
4000164718    VERNAL                      84078     UT       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
35106293      KELLER                      76248     TX       PUD     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
35005891      LAKEWOOD                    80228     CO       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
35286178      MARLTON                      8053     NJ       PUD     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34991935      MINNEAPOLIS                 55411     MN       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
34899096      TAMPA                       33615     FL       SFR     Owner Occupied     360     7/28/2004   10/1/2004   9/1/2034
4000175855    LOWELL                       1851     MA    Units 2-4  Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
35285824      GLENDORA                     8029     NJ       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34373829      PASSAIC                      7055     NJ       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034

<CAPTION>
                                                                                      ORIGINAL
                                                                                      COMBAINED
              REMAINING     ORIGINAL   SCHEDULED                       PAID THRU       LOAN TO      OTS
  LOANID        TERM        BALANCE     BALANCE      RATE      P&I        DATE          VALUE   DELINQUENCY INDEX       MARGIN
------------------------------------------------------------------------------------------------------------------------------
<S>              <C>      <C>         <C>           <C>     <C>        <C>              <C>        <C>       <C>        <C>
35126440         359      139,900.00  139,801.25     7.75   1,002.27   10/1/2004          100      0-29      FIX            0
35206937         359      145,000.00  145,000.00      7.5     906.25   10/1/2004        38.67      0-29      6ML        4.875
35264209         359       87,500.00   87,412.89        6     524.61   10/1/2004        41.67      0-29      6ML         3.75
4000172316       359      201,000.00  201,000.00        8   1,340.00   10/1/2004          100      0-29      6ML        6.375
4000172409       359      444,000.00  444,000.00    5.999   2,219.63   10/1/2004           80      0-29      6ML        4.125
34715763         358      311,900.00  311,900.00      6.5   1,689.46    9/1/2004        79.98      0-29      6ML        4.625
34856559         359      140,000.00  139,885.24        7     931.43   10/1/2004           80      0-29      6ML        4.375
35107234         359       56,800.00   56,749.88    6.625      363.7   10/1/2004           80      0-29      6ML         4.75
4000163626       358      230,800.00  230,800.00    5.375   1,033.79   10/1/2004        79.98      0-29      6ML        3.375
34718932         359      185,600.00  185,600.00     6.25     966.67   10/1/2004           80      0-29      6ML            4
4000167747       359      303,850.00  303,850.00    6.375   1,614.20   10/1/2004        79.99      0-29      6ML         4.75
35263896         359      250,000.00  250,000.00    6.875   1,432.29   11/1/2004        83.61      0-29      6ML         4.75
34977546         359       81,000.00   80,941.37    7.625     573.32   10/1/2004          100      0-29      6ML         6.25
34645416         179       58,500.00   58,311.38     6.75     517.68   10/1/2004           90      0-29      FIX            0
34080309         359      440,000.00  440,000.00    6.375   2,337.50   10/1/2004        68.32      0-29      6ML        3.625
4000173818       359      117,500.00  117,374.38    5.625      676.4   10/1/2004        51.09      0-29      6ML          3.5
4000175486       359      342,000.00  341,746.19      7.5   2,391.31   10/1/2004           95      0-29      6ML            6
4000169306       359      116,000.00  115,900.13     6.75     752.37   10/1/2004        75.82      0-29      FIX            0
34956136         359      683,900.00  683,900.00    6.375   3,633.22   10/1/2004           95      0-29      6ML         4.75
35036102         359      443,000.00  443,000.00    7.625   2,814.90   10/1/2004          100      0-29      6ML          5.5
4000169841       359      149,150.00  149,021.59     6.75     967.38   10/1/2004           95      0-29      FIX            0
35015924         359      138,400.00  138,400.00        6        692   10/1/2004           80      0-29      6ML         4.25
4000161653       359       93,500.00   93,441.88    8.375     710.67   10/1/2004           85      0-29      6ML        6.375
34919357         359       88,000.00   88,000.00    6.125     449.17   10/1/2004           80      0-29      6ML         4.25
35069418         359       99,750.00   99,750.00     8.75     727.34   10/1/2004           95      0-29      6ML        6.875
34017376         359       68,600.00   67,918.25     7.75     491.46   10/1/2004        77.95      0-29      6ML        5.125
34017384         359       68,600.00   68,551.58     7.75     491.46   10/1/2004        76.22      0-29      6ML        5.125
4000152347       359      150,300.00  150,300.00      5.5     688.88   10/1/2004        79.99      0-29      6ML            4
35182542         359      268,000.00  268,000.00     5.99   1,337.77   10/1/2004           80      0-29      6ML        3.875
35007624         359      178,400.00  178,400.00    5.875     873.42   10/1/2004           80      0-29      6ML            4
35148287         359      125,600.00  125,491.86     6.75     814.64   10/1/2004           80      0-29      6ML            5
35106525         359       49,600.00   49,492.34        8     363.95   10/1/2004           80      0-29      6ML        5.875
4000159710       359      168,000.00  167,865.65    7.125   1,131.85   10/1/2004           80      0-29      FIX            0
35244623         179       64,000.00   63,815.05        8     611.62   10/1/2004        71.11      0-29      FIX            0
4000176055       359      183,000.00  183,000.00    7.375   1,124.69   10/1/2004          100      0-29      6ML            6
34970665         359       92,600.00   92,498.64      5.5     525.78   10/1/2004           80      0-29      6ML        4.875
4000161462       359       76,450.00   76,310.03     6.75     495.85   10/1/2004        94.97      0-29      6ML        5.375
4000154390       359      445,500.00  445,500.00    7.375   2,737.97   10/1/2004           90      0-29      6ML         5.75
4000172361       359      242,400.00  242,400.00     6.25   1,262.50   10/1/2004           80      0-29      6ML        4.375
35342732         359      151,200.00  151,059.95    6.375      943.3   10/1/2004           90      0-29      6ML            5
35103209         359      127,900.00  127,850.00    6.375     679.47   10/1/2004        79.94      0-29      6ML         4.25
35249549         359      140,000.00  138,361.39     7.99   1,026.30   10/1/2004        89.74      0-29      6ML            6
35151414         359       90,000.00   90,000.00    7.875     590.63   10/1/2004           90      0-29      6ML        5.875
4000177817       359       99,500.00   99,441.26    8.625      773.9   11/1/2004          100      0-29      6ML         6.25
34647032         359       99,500.00   99,431.52    7.875     721.45   10/1/2004        94.76      0-29      6ML        5.875
34738229         359      232,800.00  232,800.00      5.5   1,067.00   10/1/2004           80      0-29      6ML          3.5
34852202         359      125,400.00  125,306.93      7.5     876.82   10/1/2004           95      0-29      6ML        5.375
35086263         359       80,750.00   80,677.00      6.5      510.4   10/1/2004           85      0-29      6ML        4.875
35011097         359      368,000.00  368,000.00     6.25   1,916.67   10/1/2004           80      0-29      6ML            4
34999359         359      123,100.00  123,100.00    6.375     653.97   10/1/2004        79.99      0-29      6ML        4.625
34833129         359      139,200.00  139,115.50    8.625   1,082.69   10/1/2004           80      0-29      FIX            0
35127737         359       38,400.00   38,372.89     7.75     275.11   10/1/2004           80      0-29      6ML        5.625
35030204         359      309,600.00  309,600.00        6   1,548.00   10/1/2004           80      0-29      6ML        4.125
34972125         359      159,200.00  159,200.00     6.25     829.17   10/1/2004           80      0-29      6ML        4.875
34971846         359      104,000.00  103,931.97    8.125      772.2   10/1/2004        82.54      0-29      6ML         5.75
4000173840       359      546,400.00  546,400.00     6.25   2,845.83   10/1/2004           80      0-29      6ML        4.375
35403252         359      306,850.00  306,850.00      6.5   1,662.10   10/1/2004           95      0-29      6ML        5.125
34981647         359      131,650.00  131,539.39    6.875     864.85   10/1/2004        84.99      0-29      6ML        5.625
4000166513       359      646,000.00  645,325.54     5.75   3,769.88   10/1/2004         64.6      0-29      FIX            0
35203876         359      640,000.00  640,000.00        6   3,200.00   10/1/2004           80      0-29      6ML          4.5
4000172418       359      412,000.00  412,000.00     6.75   2,317.50   10/1/2004           80      0-29      6ML        4.625
34860619         359      215,000.00  214,819.37    6.875   1,412.40   10/1/2004        87.76      0-29      6ML          5.5
4000168017       359      169,100.00  169,100.00    5.625     792.66   10/1/2004           95      0-29      6ML         4.75
34376798         359      156,000.00  156,000.00    6.875     893.75   10/1/2004           80      0-29      6ML        5.125
4000175049       359      520,000.00  520,000.00    6.999   3,032.90   10/1/2004          100      0-29      6ML        5.375
35132042         359      180,000.00  179,812.06     5.75   1,050.44   10/1/2004           80      0-29      6ML        3.875
4000154496       359      180,000.00  180,000.00    4.875     731.25   10/1/2004           80      0-29      6ML         3.75
35244177         359      119,272.00  119,199.74      8.5      917.1   10/1/2004           80      0-29      FIX            0
4000160807       358      156,000.00  155,779.09     7.75   1,117.60    9/1/2004           80      0-29      6ML        5.875
35190826         359      112,000.00  112,000.00      6.5     606.67   10/1/2004           80      0-29      6ML        4.125
35009554         359      160,000.00  159,824.86      5.5     908.47   10/1/2004           80      0-29      6ML        3.875
34717868         359      226,500.00  226,500.00    6.125   1,156.09   10/1/2004        68.84      0-29      6ML        3.625
35159888         359      144,360.00  144,360.00     7.25     872.18   10/1/2004           90      0-29      6ML         5.75
34561373         358      122,100.00  120,909.10    7.625     864.22    9/1/2004        93.92      0-29      FIX            0
35207547         359      269,750.00  269,750.00      6.5   1,461.15   10/1/2004        79.99      0-29      6ML            4
34021386         359      102,400.00  102,341.08     8.75     805.59   10/1/2004           80      0-29      6ML        6.375
35159854         359       76,900.00   76,855.73     8.75     604.98   10/1/2004          100      0-29      6ML        5.125
4000164967       359      399,200.00  399,200.00     5.75   1,912.83   10/1/2004           80      0-29      6ML        3.875
35069665         358       69,600.00   69,600.00    6.125     355.25    9/1/2004           80      0-29      6ML         4.25
35157247         359      165,000.00  165,000.00    7.625   1,048.44   10/1/2004        80.49      0-29      6ML            6
35231935         359      104,500.00  104,426.24     7.75     748.66   10/1/2004        91.67      0-29      6ML        5.625
4000170003       359      245,200.00  245,200.00    6.625   1,353.71   10/1/2004           80      0-29      6ML        4.375
35071265         358      100,800.00  100,800.00      7.5        630    9/1/2004           90      0-29      6ML         5.75
4000163137       359      109,600.00  109,600.00    7.375     673.58   10/1/2004           80      0-29      6ML         4.25
4000149999       358      302,000.00  302,000.00      5.5   1,384.17    9/1/2004           80      0-29      6ML        3.875
34090522         355      399,500.00  398,647.10     6.75   2,591.15    8/1/2004           85      0-29      6ML        5.375
4000176969       359       96,000.00   95,917.35     6.75     622.65   10/1/2004           80      0-29      6ML        4.875
35075894         359      164,000.00  163,881.29    7.625   1,160.79   10/1/2004          100      0-29      6ML         5.75
35007665         358      114,000.00  114,000.00      6.5      617.5    9/1/2004           80      0-29      6ML        4.125
33176033         358       56,000.00   55,931.90      8.5      430.6    9/1/2004           80      0-29      6ML          6.5
35242882         359      102,600.00  102,523.85      7.5      717.4   10/1/2004           95      0-29      6ML        5.875
34276477         359      184,000.00  183,848.87     6.99   1,222.93   10/1/2004           80      0-29      FIX            0
35008465         358      209,000.00  209,000.00        7   1,219.17    9/1/2004           95      0-29      6ML        5.375
34923961         358      180,800.00  180,798.05    6.625     998.17    9/1/2004           80      0-29      6ML        4.375
34941245         359      128,000.00  128,000.00    6.625     706.67   10/1/2004           80      0-29      6ML         4.25
4000162590       359      105,000.00  104,892.95    5.875     621.11   10/1/2004           70      0-29      6ML          3.5
4000164718       359      130,250.00  130,150.89    7.375      899.6   10/1/2004        93.64      0-29      6ML         5.25
35106293         359      158,100.00  157,734.67      7.5   1,105.46   10/1/2004        83.21      0-29      6ML          5.5
35005891         359      168,250.00  168,250.00    6.875     963.93   10/1/2004        90.95      0-29      6ML        5.125
35286178         359      185,000.00  184,872.68    7.875   1,341.38   10/1/2004          100      0-29      6ML            6
34991935         359      159,800.00  159,690.02    7.875   1,158.67   10/1/2004           85      0-29      6ML        6.375
34899096         359       92,650.00   92,599.39        9     745.49   10/1/2004           85      0-29      FIX            0
4000175855       359      216,000.00  216,000.00    6.375   1,147.50   10/1/2004           80      0-29      6ML        4.375
35285824         359       89,900.00   89,846.92    8.625     699.24   10/1/2004          100      0-29      6ML         5.75
34373829         359      230,000.00  229,849.54    8.125   1,707.75   10/1/2004        76.67      0-29      6ML         5.75

<CAPTION>
             INITIAL  PERIODIC                           PREPAYMENT
  LOANID       CAP      CAP       FLOOR    CEILING          TERM                                PREPAYMENT PENALTY
--------------------------------------------------------------------------------------------------------------------------
<S>             <C>      <C>      <C>       <C>              <C>                        <C>
35126440        0        0            0          0            0                                                       None
35206937        3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
35264209        3        1            6         12           24                              6 mo.s interest less 20% obal
4000172316      3        1            8         14           24                              6 mo.s interest less 20% obal
4000172409      3        1        5.999     11.999           24                              6 mo.s interest less 20% obal
34715763        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
34856559        3        1            7         13            0                                                       None
35107234        3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
4000163626      3        1        5.375     11.375           36                              6 mo.s interest less 20% obal
34718932        3        1         6.25      12.25           36                              6 mo.s interest less 20% obal
4000167747      3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
35263896        3        1        6.875     12.875           12                              6 mo.s interest less 20% obal
34977546        3        1        7.625     13.625           36                              6 mo.s interest less 20% obal
34645416        0        0            0          0           36                              6 mo.s interest less 20% obal
34080309        3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
4000173818      3        1        5.625     11.625           36                              6 mo.s interest less 20% obal
4000175486      3        1          7.5       13.5            0                                                       None
4000169306      0        0            0          0           36                              6 mo.s interest less 20% obal
34956136        3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
35036102        3        1        7.625     13.625           24                              6 mo.s interest less 20% obal
4000169841      0        0            0          0           36                              6 mo.s interest less 20% obal
35015924        3        1            6         12           36                              6 mo.s interest less 20% obal
4000161653      3        1        8.375     14.375           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34919357        3        1        6.125     12.125           36                              6 mo.s interest less 20% obal
35069418        3        1         8.75      14.75            0                                                       None
34017376        3        1         7.75      13.75           36                              6 mo.s interest less 20% obal
34017384        3        1         7.75      13.75           36                              6 mo.s interest less 20% obal
4000152347      3        1          5.5       11.5            0                                                       None
35182542        3        1         5.99      11.99           36                              6 mo.s interest less 20% obal
35007624        3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
35148287        3        1         6.75      12.75            0                                                       None
35106525        3        1            8         14            0                                                       None
4000159710      0        0            0          0            0                                                       None
35244623        0        0            0          0            0                                                       None
4000176055      3        1        7.375     13.375           24                              6 mo.s interest less 20% obal
34970665        3        1          5.5       11.5           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000161462      3        1         6.75      12.75           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000154390      3        1        7.375     13.375           24                              6 mo.s interest less 20% obal
4000172361      3        1         6.25      12.25           36                              6 mo.s interest less 20% obal
35342732        3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
35103209        3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
35249549        3        1         7.99      13.99           24                              6 mo.s interest less 20% obal
35151414        3        1        7.875     13.875            0                                                       None
4000177817      3        1        8.625     14.625           24                              6 mo.s interest less 20% obal
34647032        3        1        7.875     13.875           24                              6 mo.s interest less 20% obal
34738229        3        1          5.5       11.5           24                              6 mo.s interest less 20% obal
34852202        3        1          7.5       13.5           12                              3%/2%/1%-1st yr/2nd yr/3rd yr
35086263        3        1          6.5       12.5           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35011097        3        1         6.25      12.25           12                              6 mo.s interest less 20% obal
34999359        3        1        6.375     12.375           36                         min (2% prepaid, 60 days interest)
34833129        0        0            0          0           36                              6 mo.s interest less 20% obal
35127737        3        1         7.75      13.75           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35030204        3        1            6         12           24                              6 mo.s interest less 20% obal
34972125        3        1         6.25      12.25           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34971846        3        1        8.125     14.125           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000173840      3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
35403252        3        1          6.5       12.5            0                                                       None
34981647        3        1        6.875     12.875           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000166513      0        0            0          0           36                              6 mo.s interest less 20% obal
35203876        3        1            6         12           36                              6 mo.s interest less 20% obal
4000172418      3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
34860619        3        1        6.875     12.875           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000168017      3        1        5.625     11.625           36                              6 mo.s interest less 20% obal
34376798        3        1        6.875     12.875            0                                                       None
4000175049      3        1        6.999     12.999           24                              6 mo.s interest less 20% obal
35132042        3        1         5.75      11.75           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000154496      3        1        4.875     10.875           36                              6 mo.s interest less 20% obal
35244177        0        0            0          0           24                              6 mo.s interest less 20% obal
4000160807      3        1         7.75      13.75           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35190826        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
35009554        3        1          5.5       11.5           24                              6 mo.s interest less 20% obal
34717868        3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
35159888        3        1         7.25      13.25            0                                                       None
34561373        0        0            0          0           36                              6 mo.s interest less 20% obal
35207547        3        1          6.5       12.5            0                                                       None
34021386        3        1         8.75      14.75            0                                                       None
35159854        3        1         8.75      14.75            0                                                       None
4000164967      3        1         5.75      11.75           24                              6 mo.s interest less 20% obal
35069665        3        1        6.125     12.125            0                                                       None
35157247        3        1        7.625     13.625            0                                                       None
35231935        3        1         7.75      13.75           36                              6 mo.s interest less 20% obal
4000170003      3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
35071265        3        1          7.5       13.5            0                                                       None
4000163137      3        1        7.375     13.375           24                              6 mo.s interest less 20% obal
4000149999      3        1          5.5       11.5           24                              6 mo.s interest less 20% obal
34090522        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
4000176969      3        1         6.75      12.75            0                                                       None
35075894        3        1        7.625     13.625            0                                                       None
35007665        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
33176033        3        1          8.5       14.5           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35242882        3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
34276477        0        0            0          0            0                                                       None
35008465        3        1            7         13           24                              6 mo.s interest less 20% obal
34923961        3        1        6.625     12.625           36                              6 mo.s interest less 20% obal
34941245        3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
4000162590      3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
4000164718      3        1        7.375     13.375           24                              6 mo.s interest less 20% obal
35106293        3        1          7.5       13.5           36                              6 mo.s interest less 20% obal
35005891        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
35286178        3        1        7.875     13.875            0                                                       None
34991935        3        1        7.875     13.875           36                         min (2% prepaid, 60 days interest)
34899096        0        0            0          0           36                              6 mo.s interest less 20% obal
4000175855      3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
35285824        3        1        8.625     14.625            0                                                       None
34373829        3        1        8.125     14.125            0                                                       None

<CAPTION>
                                              PAYMENT
              FIRST RATE      RATE RESET       RESET                                  MI
  LOANID      RESET DATE       FREQUENCY     FREQUENCY  PURPOSE   DIV  IO    IOTERM  FLAG
-----------------------------------------------------------------------------------------
<S>           <C>                  <C>            <C>  <C>         <C>  <C>    <C>    <C>
35126440      00/00/0000           0              0    Purchase    N    N       0     N
35206937        9/1/2006           6              6    C/O Refi    N    Y      60     N
35264209        9/1/2006           6              6    C/O Refi    N    N       0     N
4000172316      9/1/2006           6              6    Purchase    N    Y      60     N
4000172409      9/1/2006           6              6    Purchase    N    Y      60     N
34715763        8/1/2006           6              6    Purchase    N    Y      60     N
34856559        9/1/2007           6              6    Purchase    N    N       0     N
35107234        9/1/2006           6              6    Purchase    N    N       0     N
4000163626      8/1/2007           6              6    Purchase    N    Y      60     N
34718932        9/1/2009           6              6    Purchase    N    Y      60     N
4000167747      9/1/2006           6              6    Purchase    N    Y      60     N
35263896        9/1/2006           6              6    C/O Refi    N    Y      60     Y
34977546        9/1/2007           6              6    Purchase    N    N       0     Y
34645416      00/00/0000           0              0    C/O Refi    N    N       0     Y
34080309        9/1/2009           6              6    C/O Refi    N    Y      60     N
4000173818      9/1/2006           6              6    R/T Refi    N    N       0     N
4000175486      9/1/2007           6              6    C/O Refi    N    N       0     Y
4000169306    00/00/0000           0              0    R/T Refi    N    N       0     N
34956136        9/1/2006           6              6    Purchase    N    Y      60     N
35036102        9/1/2006           6              6    Purchase    N    Y      60     N
4000169841    00/00/0000           0              0    Purchase    N    N       0     Y
35015924        9/1/2007           6              6    C/O Refi    N    Y      60     N
4000161653      9/1/2006           6              6    C/O Refi    N    N       0     Y
34919357        9/1/2007           6              6    C/O Refi    N    Y      60     N
35069418        9/1/2006           6              6    R/T Refi    N    Y      60     Y
34017376        9/1/2007           6              6    R/T Refi    N    N       0     N
34017384        9/1/2007           6              6    R/T Refi    N    N       0     N
4000152347      9/1/2007           6              6    Purchase    N    Y      60     N
35182542        9/1/2007           6              6    C/O Refi    N    Y      60     N
35007624        9/1/2006           6              6    Purchase    N    Y      60     N
35148287        9/1/2007           6              6    Purchase    N    N       0     N
35106525        9/1/2006           6              6    C/O Refi    N    N       0     N
4000159710    00/00/0000           0              0    Purchase    N    N       0     N
35244623      00/00/0000           0              0    C/O Refi    N    N       0     N
4000176055      9/1/2006           6              6    Purchase    N    Y      60     N
34970665        9/1/2006           6              6    Purchase    N    N       0     N
4000161462      9/1/2006           6              6    Purchase    N    N       0     Y
4000154390      9/1/2006           6              6    C/O Refi    N    Y      60     Y
4000172361      9/1/2007           6              6    Purchase    N    Y      60     N
35342732        9/1/2006           6              6    Purchase    N    N       0     N
35103209        9/1/2006           6              6    Purchase    N    Y      60     N
35249549        9/1/2006           6              6    R/T Refi    N    N       0     Y
35151414        9/1/2006           6              6    Purchase    N    Y      60     N
4000177817      9/1/2006           6              6    Purchase    N    N       0     N
34647032        9/1/2006           6              6    C/O Refi    N    N       0     Y
34738229        9/1/2006           6              6    Purchase    N    Y      60     N
34852202        9/1/2006           6              6    C/O Refi    N    N       0     Y
35086263        9/1/2007           6              6    C/O Refi    N    N       0     N
35011097        9/1/2006           6              6    Purchase    N    Y      60     N
34999359        9/1/2006           6              6    Purchase    N    Y      60     N
34833129      00/00/0000           0              0    R/T Refi    N    N       0     N
35127737        9/1/2006           6              6    Purchase    N    N       0     N
35030204        9/1/2006           6              6    Purchase    N    Y      60     N
34972125        9/1/2006           6              6    Purchase    N    Y      60     N
34971846        9/1/2006           6              6    C/O Refi    N    N       0     N
4000173840      9/1/2006           6              6    Purchase    N    Y      60     N
35403252        9/1/2007           6              6    Purchase    N    Y      60     Y
34981647        9/1/2006           6              6    Purchase    N    N       0     Y
4000166513    00/00/0000           0              0    R/T Refi    N    N       0     N
35203876        9/1/2006           6              6    Purchase    N    Y      60     N
4000172418      9/1/2009           6              6    Purchase    N    Y      60     N
34860619        9/1/2006           6              6    C/O Refi    N    N       0     N
4000168017      9/1/2009           6              6    Purchase    N    Y      60     Y
34376798        9/1/2006           6              6    Purchase    N    Y      60     N
4000175049      9/1/2006           6              6    Purchase    N    Y      60     N
35132042        9/1/2006           6              6    C/O Refi    N    N       0     N
4000154496      9/1/2007           6              6    Purchase    N    Y      60     N
35244177      00/00/0000           0              0    Purchase    N    N       0     N
4000160807      8/1/2007           6              6    R/T Refi    N    N       0     N
35190826        9/1/2006           6              6    Purchase    N    Y      60     N
35009554        9/1/2006           6              6    Purchase    N    N       0     N
34717868        9/1/2006           6              6    C/O Refi    N    Y      60     N
35159888        9/1/2007           6              6    Purchase    N    Y      60     N
34561373      00/00/0000           0              0    R/T Refi    N    N       0     Y
35207547        9/1/2006           6              6    Purchase    N    Y      60     N
34021386        9/1/2006           6              6    C/O Refi    N    N       0     N
35159854        9/1/2006           6              6    Purchase    N    N       0     N
4000164967      9/1/2006           6              6    Purchase    N    Y      60     N
35069665        8/1/2007           6              6    Purchase    N    Y      60     N
35157247        9/1/2007           6              6    C/O Refi    N    Y      60     N
35231935        9/1/2009           6              6    C/O Refi    N    N       0     Y
4000170003      9/1/2009           6              6    Purchase    N    Y      60     N
35071265        8/1/2007           6              6    C/O Refi    N    Y      60     Y
4000163137      9/1/2009           6              6    R/T Refi    N    Y      60     N
4000149999      8/1/2006           6              6    Purchase    N    Y      60     N
34090522        5/1/2006           6              6    Purchase    N    N       0     N
4000176969      9/1/2006           6              6    C/O Refi    N    N       0     N
35075894        9/1/2006           6              6    R/T Refi    N    N       0     N
35007665        8/1/2006           6              6    Purchase    N    Y      60     N
33176033        8/1/2006           6              6    Purchase    N    N       0     N
35242882        9/1/2006           6              6    C/O Refi    N    N       0     Y
34276477      00/00/0000           0              0    C/O Refi    N    N       0     N
35008465        8/1/2006           6              6    C/O Refi    N    Y      60     Y
34923961        8/1/2009           6              6    R/T Refi    N    Y      60     N
34941245        9/1/2006           6              6    C/O Refi    N    Y      60     N
4000162590      9/1/2006           6              6    R/T Refi    N    N       0     N
4000164718      9/1/2009           6              6    R/T Refi    N    N       0     Y
35106293        9/1/2009           6              6    R/T Refi    N    N       0     N
35005891        9/1/2006           6              6    R/T Refi    N    Y      60     N
35286178        9/1/2006           6              6    Purchase    N    N       0     N
34991935        9/1/2006           6              6    R/T Refi    N    N       0     Y
34899096      00/00/0000           0              0    C/O Refi    N    N       0     Y
4000175855      9/1/2006           6              6    Purchase    N    Y      60     N
35285824        9/1/2007           6              6    Purchase    N    N       0     N
34373829        9/1/2006           6              6    C/O Refi    N    N       0     N
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
                                                          PROPERTY                    ORIGINAL ORIGINATION  FIRST PAY   MATURITY
  LOANID              CITY                 ZIP    STATE     TYPE       OCCUPANCY        TERM      DATE        DATE        DATE
--------------------------------------------------------------------------------------------------------------------------------
<S>           <C>                         <C>       <C>   <C>        <C>                <C>     <C>         <C>         <C>
4000165110    NEWTON FALLS                44444     OH       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
34379750      BLOOMFIELD                   7003     NJ       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
34239624      CARLSBAD                    88220     NM       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
34977116      CINCINNATI                  45241     OH       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
4000173372    OCEANO                      93445     CA       PUD     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
4000165471    HERCULES                    94547     CA       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
4000157570    YPSILANTI                   48198     MI       SFR     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
34988972      CLEAR LAKE                  54005     WI       SFR     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
34866731      SCHENECTADY                 12309     NY       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
4000154170    MADISON                     44057     OH       SFR     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
35134113      ALGONQUIN                   60102     IL       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
34560789      LUBBOCK                     79424     TX       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
35112747      DALWORTHINGTON GARDENS      76016     TX       PUD     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
35194729      LONG BEACH                  90814     CA    Units 2-4  Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
4000169025    SELAH                       98942     WA       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
34699678      HOLLYWOOD                   33021     FL    Condo >4   Owner Occupied     360      8/5/2004    9/1/2004   8/1/2034
4000170513    ROANOKE                     24012     VA       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
4000145142    JEFFERSONVILLE               5464     VT       SFR     Owner Occupied     360     7/23/2004    9/1/2004   8/1/2034
34935486      BEND                        97707     OR       PUD     Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
34791350      IMPERIAL                    92251     CA       SFR     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
34380766      PITTSBURGH                  15235     PA       SFR     Owner Occupied     360      8/4/2004    9/1/2004   8/1/2034
4000165819    FLORENCE                    29501     SC       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
4000159268    HAMPTON                     23666     VA       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35033232      SAN JUAN CAPISTRANO         92675     CA       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
4000176905    LONDON                      43140     OH       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34652800      MILWAUKEE                   53218     WI       SFR     Owner Occupied     180     7/30/2004    9/1/2004   8/1/2019
4000161497    ALAMEDA                     94502     CA       PUD     Owner Occupied     360     7/19/2004    9/1/2004   8/1/2034
35129949      ELK GROVE VILLAGE           60007     IL       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
4000177825    HOLLYWOOD                   33024     FL      Condo    Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
4000176163    OLYMPIA                     98513     WA       PUD     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
33017252      MODOC                       47358     IN       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34919142      ATLANTA                     30314     GA      Condo    Investor           360      8/5/2004    9/1/2004   8/1/2034
34823666      PAWTUCKET                    2860     RI       SFR     Owner Occupied     360     7/22/2004    9/1/2004   8/1/2034
34375113      WEST NEW YORK                7093     NJ    Units 2-4  Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34953398      BEAUMONT                    92223     CA       PUD     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
4000159574    DACULA                      30019     GA       PUD     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
35189331      WHITTIER                    90606     CA       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
35206499      PIONEER                     95666     CA       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
35228592      KISSIMMEE                   34744     FL       PUD     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
4000167971    FRESNO                      93722     CA       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
34799098      SAN DIEGO                   92102     CA       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
34713537      HESPERIA                    92345     CA       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
34080291      LAS VEGAS                   89142     NV       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
34997346      ANOKA                       55303     MN       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
35194042      GARDEN GROVE                92840     CA      Condo    Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
35194083      BAKERSFIELD                 93311     CA       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
4000155773    CAMARILLO                   93012     CA       SFR     Owner Occupied     360     6/21/2004    8/1/2004   7/1/2034
34233411      PHOENIX                     85009     AZ       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
34749788      FORT WASHINGTON             20744     MD       PUD     Owner Occupied     360     7/22/2004    9/1/2004   8/1/2034
34847145      SOUTH BEND                  46619     IN       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
34956334      BUENA PARK                  90621     CA       PUD     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
34718833      RIVERSIDE                   92507     CA       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
34719278      SAN BERNARDINO              92410     CA       SFR     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
35107580      LAREDO                      78046     TX       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
35183219      INGLEWOOD                   90303     CA    Units 2-4  Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
4000167020    HIALEAH                     33012     FL       SFR     Owner Occupied     360      8/4/2004    9/1/2004   8/1/2034
4000167345    HOMESTEAD                   33030     FL       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34800516      HANFORD                     93230     CA       SFR     Owner Occupied     360     7/26/2004    9/1/2004   8/1/2034
34959858      FRENCH CAMP                 95231     CA       SFR     Owner Occupied     360     7/26/2004    9/1/2004   8/1/2034
4000164167    TRACY                       95376     CA       SFR     Owner Occupied     360     7/23/2004    9/1/2004   8/1/2034
33015207      INDIANAPOLIS                46229     IN       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
34796995      RANCHO CUCAMONGA            91730     CA       PUD     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
35103621      GRAND PRAIRIE               75052     TX       SFR     Owner Occupied     180     7/26/2004    9/1/2004   8/1/2019
4000158047    SAN JOSE                    95116     CA       SFR     Owner Occupied     360     7/22/2004   10/1/2004   9/1/2034
4000161871    PALMDALE                    93591     CA       SFR     Owner Occupied     180      8/2/2004   10/1/2004   9/1/2019
34995373      MINNEAPOLIS                 55426     MN       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
35189372      FOWLER                      93625     CA       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
4000171746    LOS ANGELES                 90047     CA       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
4000173203    MIAMI                       33186     FL      Condo    Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
34725184      SALT LAKE CITY              84104     UT       SFR     Owner Occupied     360     7/26/2004    9/1/2004   8/1/2034
34743062      SILVER SPRING               20902     MD       SFR     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
34761395      FREDERICKSBURG              22406     VA       PUD     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
35034552      LOS ANGELES                 90032     CA    Units 2-4  Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
35035922      MORENO VALLEY               92557     CA       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
35248517      HOUSTON                     77084     TX       PUD     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35267301      LOS ANGELES                 90041     CA    Units 2-4  Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
35323575      MEDFORD                     97501     OR       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
4000174456    JACKSON HEIGHTS             11372     NY    Units 2-4  Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000175862    OAKLAND                     94603     CA       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
4000176004    SACRAMENTO                  95823     CA       SFR     Investor           360     8/24/2004   10/1/2004   9/1/2034
4000177605    HOUSTON                     77064     TX       PUD     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34721175      HEMET                       92545     CA       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
4000170239    SYLMAR                      91342     CA       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
35246552      AUSTIN                      78759     TX       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35186329      SIERRA VISTA                85635     AZ       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
34037382      STANDISH                     4084     ME       SFR     Owner Occupied     360      6/4/2004    8/1/2004   7/1/2034
34004101      MISSOURI CITY               77489     TX       PUD     Owner Occupied     360      8/5/2004    9/1/2004   8/1/2034
34757880      SUFFOLK                     23435     VA       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35208925      SAN DIEGO                   92154     CA       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
34934604      BEND                        97702     OR    Units 2-4  Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
34934612      EUGENE                      97402     OR       SFR     Investor           360     7/30/2004    9/1/2004   8/1/2034
34557306      AUSTIN                      78704     TX       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
35362599      OREM                        84058     UT       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
33420878      VICTORVILLE                 92392     CA       PUD     Owner Occupied     360     7/19/2004    9/1/2004   8/1/2034
35302074      VIRGINIA CITY HIGHLANDS     89521     NV       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
34700443      BRADENTON                   34210     FL      Condo    Owner Occupied     360      8/5/2004    9/1/2004   8/1/2034
35248897      BENTON                      72015     AR       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
34018069      WALLER                      77484     TX       SFR     Owner Occupied     360      6/3/2004    8/1/2004   7/1/2034
34221085      WABASHA                     55981     MN       SFR     Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
34981928      WHITEHALL                   43213     OH       SFR     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
4000162216    RIVES JUNCTION              49277     MI       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
35207307      SOLANA BEACH                92075     CA      Condo    Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
34825455      PORTLAND                     4102     ME       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
4000158890    RIDLEY PARK                 19078     PA       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
4000164354    TEMPLETON                   93465     CA       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
4000151766    YONKERS                     10710     NY       SFR     Owner Occupied     360     7/22/2004    9/1/2004   8/1/2034

<CAPTION>
                                                                                      ORIGINAL
                                                                                      COMBAINED
              REMAINING     ORIGINAL   SCHEDULED                       PAID THRU       LOAN TO      OTS
  LOANID        TERM        BALANCE     BALANCE      RATE      P&I        DATE          VALUE   DELINQUENCY INDEX       MARGIN
------------------------------------------------------------------------------------------------------------------------------
<S>              <C>      <C>         <C>           <C>     <C>        <C>              <C>        <C>       <C>        <C>
4000165110       359       63,200.00   63,200.00     5.75     302.83   10/1/2004           80      0-29      6ML            4
34379750         359      182,000.00  181,618.81        6   1,091.19   10/1/2004        52.75      0-29      6ML            4
34239624         359       52,000.00   51,970.08     8.75     409.09   10/1/2004          100      0-29      6ML        3.625
34977116         359      185,000.00  184,893.56     8.75   1,455.40   10/1/2004          100      0-29      6ML        6.125
4000173372       359      258,400.00  258,400.00    5.875   1,265.08   10/1/2004           80      0-29      6ML        4.125
4000165471       359      344,000.00  344,000.00     7.25   2,078.33   10/1/2004        79.08      0-29      6ML        5.125
4000157570       358      116,000.00  116,000.00    7.375     712.92    9/1/2004           80      0-29      6ML            5
34988972         358       80,000.00   79,849.60    6.375      499.1   10/1/2004        76.19      0-29      6ML        4.625
34866731         359       68,080.00   68,022.80    6.875     447.24   10/1/2004           80      0-29      6ML            5
4000154170       358      136,000.00  135,728.50    5.999      815.3    9/1/2004        79.07      0-29      FIX            0
35134113         359      340,000.00  340,000.00    5.375   1,522.92   10/1/2004           80      0-29      6ML        3.625
34560789         359       96,000.00   95,935.58        8     704.42   10/1/2004           80      0-29      6ML        5.875
35112747         359      423,200.00  423,200.00      5.5   1,939.67   10/1/2004           80      0-29      6ML        3.375
35194729         359      650,000.00  650,000.00    6.125   3,317.71   10/1/2004        76.47      0-29      6ML            4
4000169025       359      129,200.00  129,091.46    6.875     848.75   10/1/2004           95      0-29      FIX            0
34699678         358       92,800.00   92,800.00     6.75        522    9/1/2004           80      0-29      6ML        4.125
4000170513       359       97,600.00   97,600.00     5.75     467.67   10/1/2004           80      0-29      6ML          3.5
4000145142       358      132,000.00  132,000.00     5.25      577.5    9/1/2004           80      0-29      6ML            4
34935486         358      133,250.00  133,025.46    6.875     875.36    9/1/2004        79.98      0-29      6ML        4.625
34791350         358      141,400.00  141,137.36    6.375     882.16    9/1/2004           70      0-29      6ML        3.875
34380766         358       63,000.00   62,928.35    8.875     501.26    9/1/2004           90      0-29      6ML        7.125
4000165819       359      216,000.00  215,757.50    5.375   1,209.54   10/1/2004           80      0-29      FIX            0
4000159268       359      142,000.00  141,922.42    8.999   1,142.46   10/1/2004          100      0-29      6ML        5.875
35033232         359      388,000.00  388,000.00    6.125   1,980.42   10/1/2004           80      0-29      6ML        3.875
4000176905       359      153,800.00  153,800.00    6.375     817.06   10/1/2004        89.99      0-29      6ML            5
34652800         178      126,000.00  125,239.00     7.75   1,186.01    9/1/2004        81.82      0-29      FIX            0
4000161497       358      437,600.00  437,600.00     5.75   2,096.83    9/1/2004           80      0-29      6ML        3.375
35129949         359      246,240.00  246,027.99     6.75   1,597.11   10/1/2004           90      0-29      6ML        5.625
4000177825       359      135,000.00  135,000.00    7.875     885.94   10/1/2004          100      0-29      6ML         5.75
4000176163       359      304,000.00  304,000.00     6.75   1,710.00   10/1/2004           80      0-29      6ML        4.375
33017252         359       60,800.00   60,762.20    8.375     462.13   10/1/2004           80      0-29      6ML         6.25
34919142         358      100,300.00  100,181.13    8.625     780.13    9/1/2004           85      0-29      6ML        4.625
34823666         358      204,150.00  203,846.68    8.375   1,551.69    9/1/2004           95      0-29      FIX            0
34375113         359      256,500.00  256,284.50    6.875   1,685.03   10/1/2004           95      0-29      6ML        5.625
34953398         359      265,450.00  265,450.00      6.5   1,437.85   10/1/2004        79.99      0-29      6ML        4.625
4000159574       359      216,000.00  215,851.35    7.875   1,566.15   10/1/2004        83.17      0-29      FIX            0
35189331         359      322,400.00  322,400.00    6.125   1,645.58   10/1/2004           80      0-29      6ML         4.25
35206499         359      203,000.00  203,000.00    7.125   1,205.31   10/1/2004        77.78      0-29      6ML            5
35228592         359      132,500.00  132,374.27     6.25     815.83   10/1/2004        94.98      0-29      6ML         4.75
4000167971       359      213,000.00  212,583.50     6.75   1,381.51   10/1/2004        73.46      0-29      FIX            0
34799098         359      315,000.00  315,000.00    6.625   1,739.06   10/1/2004           90      0-29      6ML          5.5
34713537         359      152,900.00  152,780.72     7.25   1,043.05   10/1/2004        89.99      0-29      6ML         5.75
34080291         359      160,000.00  159,875.18     7.25   1,091.49   10/1/2004        62.75      0-29      6ML          4.5
34997346         359      172,800.00  172,800.00    6.375        918   10/1/2004           80      0-29      6ML        4.625
35194042         359      244,000.00  244,000.00    5.875   1,194.58   10/1/2004           80      0-29      6ML         3.75
35194083         359      388,000.00  388,000.00    6.125   1,980.42   10/1/2004           80      0-29      6ML        3.625
4000155773       357      476,000.00  476,000.00     6.25   2,479.17    9/1/2004           80      0-29      6ML        3.875
34233411         359       70,750.00   70,750.00     6.75     397.97   10/1/2004        74.47      0-29      6ML        4.375
34749788         358      340,000.00  340,000.00        6   1,700.00   10/1/2004           80      0-29      6ML            4
34847145         359      157,000.00  156,886.36    7.625   1,111.24   10/1/2004        89.71      0-29      6ML        5.875
34956334         359      286,400.00  286,400.00      6.5   1,551.33   10/1/2004           80      0-29      6ML         4.25
34718833         359      255,000.00  253,893.52      6.5   1,611.78   10/1/2004        79.69      0-29      6ML        4.625
34719278         358      192,000.00  192,000.00    5.375        860   10/1/2004           80      0-29      6ML          3.5
35107580         359       67,900.00   67,858.86      8.5      522.1   10/1/2004        94.97      0-29      FIX            0
35183219         359      380,000.00  380,000.00      6.5   2,058.33   10/1/2004           80      0-29      6ML         4.75
4000167020       358      172,000.00  172,000.00      6.5     931.67    9/1/2004           80      0-29      6ML        4.625
4000167345       359      229,000.00  229,000.00        7   1,335.83   10/1/2004          100      0-29      6ML        5.625
34800516         358      150,000.00  150,000.00     6.25     781.25    9/1/2004        69.77      0-29      6ML            4
34959858         358      236,000.00  236,000.00     5.99   1,178.03    9/1/2004        64.66      0-29      6ML         3.75
4000164167       358      361,800.00  361,111.64     6.25   2,227.66    9/1/2004           90      0-29      6ML        4.875
33015207         359       86,400.00   86,330.90    7.125      582.1   10/1/2004        88.16      0-29      6ML        5.625
34796995         358      353,000.00  353,000.00    6.375   1,875.31    9/1/2004        84.05      0-29      6ML        4.375
35103621         178       77,400.00   76,925.86    7.375     712.03   10/1/2004        78.98      0-29      FIX            0
4000158047       359      308,800.00  308,800.00    5.875   1,511.83   10/1/2004           80      0-29      6ML            4
4000161871       179      134,100.00  133,576.89    6.999   1,205.25   10/1/2004        78.88      0-29      FIX            0
34995373         359      176,000.00  175,816.24     5.75   1,027.09   10/1/2004           80      0-29      6ML         4.25
35189372         359      176,000.00  175,881.67     7.99   1,290.20   10/1/2004           80      0-29      6ML        5.625
4000171746       359      304,000.00  304,000.00     5.75   1,456.67   10/1/2004           80      0-29      6ML        3.875
4000173203       359      129,600.00  129,600.00    7.375      796.5   10/1/2004           90      0-29      6ML          5.5
34725184         358       89,250.00   89,138.65    8.375     678.37    9/1/2004        89.25      0-29      FIX            0
34743062         358      204,500.00  204,217.60    7.875   1,482.77    9/1/2004        67.05      0-29      6ML        5.875
34761395         359      292,900.00  292,900.00     7.25   1,769.60   10/1/2004        89.99      0-29      6ML         5.75
35034552         359      264,000.00  264,000.00     5.75   1,265.00   10/1/2004           80      0-29      6ML        3.875
35035922         359      260,000.00  259,715.41      5.5   1,476.26   10/1/2004           80      0-29      6ML        3.375
35248517         359      113,500.00  113,415.77      7.5     793.61   10/1/2004          100      0-29      6ML        5.625
35267301         359      425,000.00  425,000.00      6.5   2,302.08   10/1/2004           85      0-29      6ML        4.875
35323575         359      136,000.00  135,893.91     7.25     927.76   10/1/2004           85      0-29      6ML        5.625
4000174456       359      575,000.00  574,413.76    5.875   3,401.34   10/1/2004        89.84      0-29      6ML        4.875
4000175862       359      252,000.00  252,000.00    6.125   1,286.25   10/1/2004           80      0-29      6ML        3.875
4000176004       359      241,200.00  241,200.00     7.25   1,457.25   10/1/2004           90      0-29      6ML        5.125
4000177605       359      121,500.00  121,372.03    7.625     859.97   10/1/2004          100      0-29      FIX            0
34721175         359      209,900.00  209,900.00    5.375     940.18   10/1/2004        79.99      0-29      6ML        3.375
4000170239       359      360,000.00  359,666.57    6.375   2,245.93   10/1/2004           80      0-29      6ML         4.75
35246552         359      135,000.00  134,916.09    8.375   1,026.10   10/1/2004          100      0-29      FIX            0
35186329         359      180,000.00  180,000.00    5.875     881.25   10/1/2004           80      0-29      6ML          3.5
34037382         357      137,700.00  137,315.34    6.375     859.07    9/1/2004        91.19      0-29      6ML          5.5
34004101         358       69,500.00   69,379.98     6.75     450.78   10/1/2004        79.98      0-29      6ML            5
34757880         359       83,000.00   82,948.41    8.375     630.86   10/1/2004        79.05      0-29      FIX            0
35208925         359      392,000.00  392,000.00     5.99   1,956.73   10/1/2004           80      0-29      6ML        4.125
34934604         358      221,500.00  221,044.06    6.125   1,345.86    9/1/2004        89.97      0-29      6ML        4.625
34934612         358      120,000.00  119,775.75    6.375     748.65    9/1/2004           80      0-29      6ML          3.5
34557306         359       80,000.00   79,924.09     6.25     492.58   10/1/2004           80      0-29      6ML        4.625
35362599         359      150,600.00  150,385.40    7.375   1,040.16   10/1/2004        94.99      0-29      6ML        5.625
33420878         358      185,950.00  185,569.89    5.875   1,099.97   10/1/2004        79.99      0-29      6ML         4.25
35302074         359      226,400.00  226,200.25    6.625   1,449.67   10/1/2004           80      0-29      6ML        4.375
34700443         358       84,900.00   84,791.35     8.25     637.83   10/1/2004        37.75      0-29      FIX            0
35248897         359       58,500.00   58,471.97    9.625     497.25   10/1/2004           90      0-29      FIX            0
34018069         357      131,900.00  131,900.00     4.99     548.48   10/1/2004        79.99      0-29      6ML        3.625
34221085         358      183,000.00  182,720.64    7.375   1,263.94    9/1/2004        79.91      0-29      6ML          5.5
34981928         358      184,500.00  184,274.66      8.5   1,418.65    9/1/2004           90      0-29      6ML        7.125
4000162216       359      117,500.00  117,398.84     6.75      762.1   10/1/2004         89.9      0-29      6ML        5.125
35207307         359      539,500.00  539,500.00     6.25   2,809.90   10/1/2004        79.93      0-29      6ML        4.125
34825455         359      164,000.00  163,862.21    6.875   1,077.37   10/1/2004        84.97      0-29      6ML        5.125
4000158890       359      167,000.00  166,876.06      7.5   1,167.69   10/1/2004         79.9      0-29      FIX            0
4000164354       359      252,000.00  252,000.00      5.5   1,155.00   10/1/2004           80      0-29      6ML        3.625
4000151766       358      290,000.00  289,285.41    4.875   1,534.70    9/1/2004         71.6      0-29      6ML         3.25

<CAPTION>
             INITIAL  PERIODIC                           PREPAYMENT
  LOANID       CAP      CAP       FLOOR    CEILING          TERM                                PREPAYMENT PENALTY
--------------------------------------------------------------------------------------------------------------------------
<S>             <C>      <C>      <C>       <C>              <C>                        <C>
4000165110      3        1         5.75      11.75           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34379750        3        1            6         12            0                                                       None
34239624        3        1         8.75      14.75            0                                                       None
34977116        3        1         8.75      14.75           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000173372      3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
4000165471      3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
4000157570      3        1        7.375     13.375           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34988972        3        1        6.375     12.375           36                              6 mo.s interest less 20% obal
34866731        3        1        6.875     12.875            0                                                       None
4000154170      0        0            0          0           36                                                 1% prepaid
35134113        3        1        5.375     11.375           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34560789        3        1            8         14            0                                                       None
35112747        3        1          5.5       11.5           36                              6 mo.s interest less 20% obal
35194729        3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
4000169025      0        0            0          0           36                              6 mo.s interest less 20% obal
34699678        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
4000170513      3        1         5.75      11.75           24                              6 mo.s interest less 20% obal
4000145142      3        1         5.25      11.25           24                              6 mo.s interest less 20% obal
34935486        3        1        6.875     12.875           12                              6 mo.s interest less 20% obal
34791350        3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
34380766        3        1        8.875     14.875           24                              6 mo.s interest less 20% obal
4000165819      0        0            0          0            0                                                       None
4000159268      3        1        8.999     14.999           36                              6 mo.s interest less 20% obal
35033232        3        1        6.125     12.125           36                              6 mo.s interest less 20% obal
4000176905      3        1        6.375     12.375           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34652800        0        0            0          0           24                              6 mo.s interest less 20% obal
4000161497      3        1         5.75      11.75           36                              6 mo.s interest less 20% obal
35129949        3        1         6.75      12.75           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000177825      3        1        7.875     13.875           24                              6 mo.s interest less 20% obal
4000176163      3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
33017252        3        1        8.375     14.375           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34919142        3        1        8.625     14.625            0                                                       None
34823666        0        0            0          0           12                                                 2% prepaid
34375113        3        1        6.875     12.875            0                                                       None
34953398        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
4000159574      0        0            0          0            0                                                       None
35189331        3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
35206499        3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
35228592        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
4000167971      0        0            0          0           36                              6 mo.s interest less 20% obal
34799098        3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
34713537        3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
34080291        1        1         7.25      13.25           24                              6 mo.s interest less 20% obal
34997346        3        1        6.375     12.375           24                         min (2% prepaid, 60 days interest)
35194042        3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
35194083        3        1        6.125     12.125            0                                                       None
4000155773      3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
34233411        1        1         6.75      12.75           24                              6 mo.s interest less 20% obal
34749788        3        1            6         12           36                              6 mo.s interest less 20% obal
34847145        3        1        7.625     13.625           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34956334        3        1          6.5       12.5           36                              6 mo.s interest less 20% obal
34718833        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
34719278        3        1        5.375     11.375           36                              6 mo.s interest less 20% obal
35107580        0        0            0          0           36                              6 mo.s interest less 20% obal
35183219        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
4000167020      3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
4000167345      3        1            7         13           24                              6 mo.s interest less 20% obal
34800516        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
34959858        3        1         5.99      11.99           24                              6 mo.s interest less 20% obal
4000164167      3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
33015207        3        1        7.125     13.125           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34796995        3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
35103621        0        0            0          0           36                              6 mo.s interest less 20% obal
4000158047      3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
4000161871      0        0            0          0           36                              6 mo.s interest less 20% obal
34995373        3        1         5.75      11.75           36                         min (2% prepaid, 60 days interest)
35189372        3        1         7.99      13.99           24                              6 mo.s interest less 20% obal
4000171746      3        1         5.75      11.75           36                              6 mo.s interest less 20% obal
4000173203      3        1        7.375     13.375           24                              6 mo.s interest less 20% obal
34725184        0        0            0          0           36                              6 mo.s interest less 20% obal
34743062        3        1        7.875     13.875           24                              6 mo.s interest less 20% obal
34761395        3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
35034552        3        1         5.75      11.75           24                              6 mo.s interest less 20% obal
35035922        3        1          5.5       11.5           36                              6 mo.s interest less 20% obal
35248517        3        1          7.5       13.5           36                              6 mo.s interest less 20% obal
35267301        1        1          6.5       12.5           24                              6 mo.s interest less 20% obal
35323575        3        1         7.25      13.25           36                              6 mo.s interest less 20% obal
4000174456      3        1        5.875     11.875            0                                                       None
4000175862      3        1        6.125     12.125           12                              6 mo.s interest less 20% obal
4000176004      3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
4000177605      0        0            0          0           36                              6 mo.s interest less 20% obal
34721175        3        1        5.375     11.375           36                              6 mo.s interest less 20% obal
4000170239      3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
35246552        0        0            0          0           36                              6 mo.s interest less 20% obal
35186329        3        1        5.875     11.875           36                              6 mo.s interest less 20% obal
34037382        3        1        6.375     12.375            0                                                       None
34004101        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
34757880        0        0            0          0           36                              6 mo.s interest less 20% obal
35208925        3        1         5.99      11.99           36                              6 mo.s interest less 20% obal
34934604        3        1        6.125     12.125           36                              6 mo.s interest less 20% obal
34934612        3        1        6.375     12.375           36                              6 mo.s interest less 20% obal
34557306        3        1         6.25      12.25           36                              6 mo.s interest less 20% obal
35362599        3        1        7.375     13.375           24                              6 mo.s interest less 20% obal
33420878        3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
35302074        3        1        6.625     12.625           12                              6 mo.s interest less 20% obal
34700443        0        0            0          0           36                              6 mo.s interest less 20% obal
35248897        0        0            0          0           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34018069        3        1         4.99      10.99           24                              6 mo.s interest less 20% obal
34221085        3        1        7.375     13.375           24                         min (2% prepaid, 60 days interest)
34981928        3        1          8.5       14.5           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000162216      3        1         6.75      12.75           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35207307        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
34825455        3        1        6.875     12.875            0                                                       None
4000158890      0        0            0          0           36                              6 mo.s interest less 20% obal
4000164354      3        1          5.5       11.5           24                              6 mo.s interest less 20% obal
4000151766      3        1        4.875     10.875            0                                                       None

<CAPTION>
                                              PAYMENT
              FIRST RATE      RATE RESET       RESET                                  MI
  LOANID      RESET DATE       FREQUENCY     FREQUENCY  PURPOSE   DIV  IO    IOTERM  FLAG
-----------------------------------------------------------------------------------------
<S>           <C>                  <C>            <C>  <C>         <C>  <C>    <C>    <C>
4000165110      9/1/2006           6              6    Purchase    N    Y      60     N
34379750        9/1/2006           6              6    C/O Refi    N    N       0     N
34239624        9/1/2006           6              6    Purchase    N    N       0     N
34977116        9/1/2006           6              6    Purchase    N    N       0     N
4000173372      9/1/2007           6              6    Purchase    N    Y      60     N
4000165471      9/1/2006           6              6    C/O Refi    N    Y      60     N
4000157570      8/1/2006           6              6    C/O Refi    N    Y      60     N
34988972        8/1/2006           6              6    C/O Refi    N    N       0     N
34866731        9/1/2007           6              6    Purchase    N    N       0     N
4000154170    00/00/0000           0              0    C/O Refi    N    N       0     N
35134113        9/1/2006           6              6    Purchase    N    Y      60     N
34560789        9/1/2006           6              6    C/O Refi    N    N       0     N
35112747        9/1/2009           6              6    Purchase    N    Y      60     N
35194729        9/1/2006           6              6    C/O Refi    N    Y      60     N
4000169025    00/00/0000           0              0    R/T Refi    N    N       0     Y
34699678        8/1/2006           6              6    Purchase    N    Y      60     N
4000170513      9/1/2009           6              6    Purchase    N    Y      60     N
4000145142      8/1/2006           6              6    Purchase    N    Y      60     N
34935486        8/1/2006           6              6    Purchase    N    N       0     N
34791350        8/1/2006           6              6    C/O Refi    N    N       0     N
34380766        8/1/2006           6              6    Purchase    N    N       0     Y
4000165819    00/00/0000           0              0    Purchase    N    N       0     N
4000159268      9/1/2007           6              6    R/T Refi    N    N       0     N
35033232        9/1/2009           6              6    Purchase    N    Y      60     N
4000176905      9/1/2006           6              6    Purchase    N    Y      60     Y
34652800      00/00/0000           0              0    C/O Refi    N    N       0     N
4000161497      8/1/2009           6              6    Purchase    N    Y      60     N
35129949        9/1/2006           6              6    C/O Refi    N    N       0     N
4000177825      9/1/2006           6              6    Purchase    N    Y      60     N
4000176163      9/1/2009           6              6    Purchase    N    Y      60     N
33017252        9/1/2006           6              6    Purchase    N    N       0     N
34919142        8/1/2006           6              6    Purchase    N    N       0     Y
34823666      00/00/0000           0              0    Purchase    N    N       0     Y
34375113        9/1/2006           6              6    Purchase    N    N       0     Y
34953398        9/1/2006           6              6    Purchase    N    Y      60     N
4000159574    00/00/0000           0              0    R/T Refi    N    N       0     Y
35189331        9/1/2006           6              6    Purchase    N    Y      60     N
35206499        9/1/2006           6              6    C/O Refi    N    Y      60     N
35228592        9/1/2006           6              6    C/O Refi    N    N       0     Y
4000167971    00/00/0000           0              0    Purchase    N    N       0     N
34799098        9/1/2006           6              6    C/O Refi    N    Y      60     N
34713537        9/1/2006           6              6    Purchase    N    N       0     Y
34080291        3/1/2005           6              6    C/O Refi    N    N       0     N
34997346        9/1/2006           6              6    Purchase    N    Y      60     N
35194042        9/1/2006           6              6    Purchase    N    Y      60     N
35194083        9/1/2006           6              6    Purchase    N    Y      60     N
4000155773      7/1/2009           6              6    Purchase    N    Y      60     N
34233411        3/1/2005           6              6    C/O Refi    N    Y      60     N
34749788        8/1/2007           6              6    Purchase    N    Y      60     N
34847145        9/1/2006           6              6    C/O Refi    N    N       0     Y
34956334        9/1/2009           6              6    Purchase    N    Y      60     N
34718833        9/1/2006           6              6    C/O Refi    N    N       0     N
34719278        8/1/2007           6              6    Purchase    N    Y      60     N
35107580      00/00/0000           0              0    Purchase    N    N       0     Y
35183219        9/1/2006           6              6    Purchase    N    Y      60     N
4000167020      8/1/2006           6              6    Purchase    N    Y      60     N
4000167345      9/1/2006           6              6    Purchase    N    Y      60     N
34800516        8/1/2006           6              6    C/O Refi    N    Y      60     N
34959858        8/1/2006           6              6    C/O Refi    N    Y      60     N
4000164167      8/1/2006           6              6    R/T Refi    N    N       0     Y
33015207        9/1/2006           6              6    C/O Refi    N    N       0     N
34796995        8/1/2006           6              6    C/O Refi    N    Y      60     Y
35103621      00/00/0000           0              0    R/T Refi    N    N       0     N
4000158047      9/1/2006           6              6    Purchase    N    Y      60     N
4000161871    00/00/0000           0              0    R/T Refi    N    N       0     N
34995373        9/1/2006           6              6    R/T Refi    N    N       0     N
35189372        9/1/2006           6              6    C/O Refi    N    N       0     N
4000171746      9/1/2007           6              6    Purchase    N    Y      60     N
4000173203      9/1/2006           6              6    Purchase    N    Y      60     N
34725184      00/00/0000           0              0    C/O Refi    N    N       0     Y
34743062        8/1/2006           6              6    C/O Refi    N    N       0     N
34761395        9/1/2006           6              6    Purchase    N    Y      60     N
35034552        9/1/2006           6              6    Purchase    N    Y      60     N
35035922        9/1/2009           6              6    C/O Refi    N    N       0     N
35248517        9/1/2007           6              6    R/T Refi    N    N       0     N
35267301        3/1/2005           6              6    C/O Refi    N    Y      60     Y
35323575        9/1/2007           6              6    C/O Refi    N    N       0     N
4000174456      9/1/2006           6              6    C/O Refi    N    N       0     N
4000175862      9/1/2006           6              6    Purchase    N    Y      60     N
4000176004      9/1/2006           6              6    Purchase    N    Y      60     Y
4000177605    00/00/0000           0              0    Purchase    N    N       0     N
34721175        9/1/2007           6              6    Purchase    N    Y      60     N
4000170239      9/1/2006           6              6    Purchase    N    N       0     N
35246552      00/00/0000           0              0    R/T Refi    N    N       0     N
35186329        9/1/2009           6              6    Purchase    N    Y      60     N
34037382        7/1/2007           6              6    R/T Refi    N    N       0     Y
34004101        8/1/2006           6              6    Purchase    N    N       0     N
34757880      00/00/0000           0              0    C/O Refi    N    N       0     N
35208925        9/1/2007           6              6    Purchase    N    Y      60     N
34934604        8/1/2009           6              6    Purchase    N    N       0     Y
34934612        8/1/2009           6              6    C/O Refi    N    N       0     N
34557306        9/1/2007           6              6    Purchase    N    N       0     N
35362599        9/1/2006           6              6    R/T Refi    N    N       0     N
33420878        8/1/2006           6              6    Purchase    N    N       0     N
35302074        9/1/2006           6              6    C/O Refi    N    N       0     N
34700443      00/00/0000           0              0    Purchase    N    N       0     N
35248897      00/00/0000           0              0    Purchase    N    N       0     Y
34018069        7/1/2006           6              6    Purchase    N    Y      60     N
34221085        8/1/2006           6              6    C/O Refi    N    N       0     N
34981928        8/1/2006           6              6    C/O Refi    N    N       0     Y
4000162216      9/1/2007           6              6    R/T Refi    N    N       0     N
35207307        9/1/2006           6              6    C/O Refi    N    Y      60     N
34825455        9/1/2006           6              6    C/O Refi    N    N       0     N
4000158890    00/00/0000           0              0    R/T Refi    N    N       0     N
4000164354      9/1/2006           6              6    Purchase    N    Y      60     N
4000151766      8/1/2007           6              6    C/O Refi    N    N       0     N
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
                                                          PROPERTY                    ORIGINAL ORIGINATION  FIRST PAY   MATURITY
  LOANID              CITY                 ZIP    STATE     TYPE       OCCUPANCY        TERM      DATE        DATE        DATE
--------------------------------------------------------------------------------------------------------------------------------
<S>           <C>                         <C>       <C>   <C>        <C>                <C>     <C>         <C>         <C>
4000174767    POMPANO BEACH               33063     FL      Condo    Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
34643981      RIPON                       54971     WI       SFR     Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
34693317      OPA LOCKA                   33054     FL       SFR     Owner Occupied     360     7/15/2004    9/1/2004   8/1/2034
35196096      COLORADO SPRINGS            80919     CO       PUD     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
4000170772    MADISON TWP                 44057     OH       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
34933010      SPRINGFIELD                 97477     OR      Condo    Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
34675025      COMPTON AREA                90222     CA       SFR     Owner Occupied     360     7/22/2004    9/1/2004   8/1/2034
34863423      FAYETTEVILLE                13224     NY       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
34759274      WASHINGTON DC               20002     DC       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
35122126      LOVES PARK                  61111     IL       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
35147966      ACWORTH                     30102     GA       SFR     Owner Occupied     360      8/6/2004    9/1/2004   8/1/2034
35152545      FAIRVIEW                    37062     TN       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
35245760      SPRING                      77379     TX       PUD     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
4000049289    CARLISLE                    17013     PA       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35303866      HENDERSON                   89015     NV       SFR     Investor           360     8/18/2004   10/1/2004   9/1/2034
34922005      GERVAIS                     97026     OR       SFR     Owner Occupied     360     7/27/2004    9/1/2004   8/1/2034
35284850      PENNSAUKEN                   8109     NJ       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
34698522      JUPITER                     33458     FL       PUD     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
35203397      SPRING VALLEY               91977     CA       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
4000167705    CORONA                      92883     CA       SFR     Owner Occupied     360      8/7/2004   10/1/2004   9/1/2034
35029651      SAN DIMAS                   91773     CA       PUD     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
4000163820    NORTH BABYLON               11703     NY       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
34952986      OXNARD                      93036     CA       SFR     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
4000171821    VALLEJO                     94590     CA       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35011303      MONUMENT                    80132     CO       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35012376      LOVELAND                    80538     CO       PUD     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
35187921      COMPTON                     90220     CA       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
4000176351    SNOHOMISH                   98296     WA       PUD     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
34728642      SALT LAKE CITY              84106     UT       SFR     Owner Occupied     360      7/9/2004    9/1/2004   8/1/2034
4000129536    MOXEE                       98936     WA       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
4000161625    YPSILANTI                   48198     MI       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
34712893      VICTORVILLE                 92394     CA       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
34973180      NEWCOMERSTOWN               43832     OH       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34994343      WHITE BEAR LAKE             55110     MN       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
35068550      STERLING                    20164     VA    Condo >4   Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
33017427      MUNCIE                      47302     IN       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
34738757      DRAPER                      84020     UT      Condo    Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34905596      ATLANTA                     30310     GA       SFR     Investor           360      7/7/2004    9/1/2004   8/1/2034
4000073358    LEESBURG                    31763     GA       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35159185      COVINGTON                   30016     GA       PUD     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35161553      CORDOVA                     38018     TN       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
4000177474    ROOSEVELT                   11575     NY       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34673327      REDDING                     96001     CA       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
35159235      DYERSBURG                   38024     TN       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
35086289      BRUNSWICK                   44212     OH       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34996090      PRINCETON                   55371     MN       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
35144484      MEMPHIS                     38141     TN       SFR     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
4000176167    FRESNO                      93722     CA       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35132315      ELGIN                       60120     IL       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000171857    DETROIT                     48224     MI       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34659102      BRIDGETON                   63044     MO       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34833137      LEBANON                      6249     CT       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
33016965      CONNERSVILLE                47331     IN       SFR     Owner Occupied     360     7/27/2004    9/1/2004   8/1/2034
4000168281    MOGADORE                    44260     OH       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
34893123      TAMPA                       33629     FL       PUD     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
35303981      ZEPHYR COVE                 89448     NV       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
35227685      BRADENTON                   34205     FL       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
34846956      PRAIRIE GROVE               60012     IL       SFR     Owner Occupied     360     7/23/2004    9/1/2004   8/1/2034
34921189      TEMPLE                      30179     GA       PUD     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
35068170      HAMPSTEAD                   28443     NC       SFR     Owner Occupied     360      8/6/2004    9/1/2004   8/1/2034
4000165771    LAKE WORTH                  33467     FL       PUD      Second Home       360      8/9/2004   10/1/2004   9/1/2034
35083344      JEFFERSONVILLE              47130     IN       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
35346436      WALKERSVILLE                21793     MD       PUD     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35193663      TUSTIN                      92780     CA       PUD     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
4000176562    BROCKTON                     2301     MA       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35147438      BRUNSWICK                   31525     GA       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
34936427      DALLAS                      97338     OR       SFR     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
35204981      CHULA VISTA                 91915     CA       PUD     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
35077114      CHARLOTTE                   28209     NC      Condo    Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
4000159803    LAKE HUGHES                 93532     CA       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
34828160      NORWICH                      6360     CT      Condo    Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
34932079      KEIZER                      97303     OR       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
35108265      AUSTIN                      78734     TX       PUD     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
34934752      PORTLAND                    97219     OR       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
4000166065    AUBURN                      13021     NY       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
34859751      CALUMET CITY                60409     IL    Units 2-4  Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
33017328      ANDERSON                    46016     IN       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
4000169663    DETROIT                     48207     MI       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
35283779      WAYNE                       19087     PA       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
33019522      MARION                      46952     IN       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000152466    BROOKLYN                    11216     NY    Units 2-4  Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
34735779      OREM                        84097     UT       SFR     Owner Occupied     360     7/26/2004    9/1/2004   8/1/2034
34715151      ADELANTO                    92301     CA       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
35148923      LENOIR                      37771     TN       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34993162      BIG LAKE                    55309     MN       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
34866780      BRONX                       10469     NY       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34971606      COLUMBUS                    43232     OH       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
34240747      MESA                        85202     AZ       PUD     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
35083278      BETHLEHAM                   18018     PA       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
4000166654    SUNRISE                     33323     FL       PUD     Owner Occupied     360      8/2/2004    9/1/2004   8/1/2034
35033380      SAN RAMON                   94583     CA       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34578682      HIGHLANDS RANCH             80126     CO       PUD     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
35136738      CHICAGO                     60609     IL    Units 2-4  Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34080051      LAS VEGAS                   89104     NV       SFR     Owner Occupied     360     7/27/2004    9/1/2004   8/1/2034
4000169454    SACRAMENTO                  95834     CA       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
34798009      EL CAJON                    92019     CA      Condo    Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
34964817      ASHLAND                     41102     KY       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
35192475      (SYLMAR AREA) LOS ANGELES   91342     CA       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
4000162829    SEASIDE                     93955     CA       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
34717439      LEMOORE                     93245     CA       PUD     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
4000168190    CHANDLER                    85225     AZ       PUD     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
34758656      CHARLOTTE HALL              20622     MD       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34021196      HOUSTON                     77008     TX       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35211747      MODESTO                     95358     CA       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34080655      HENDERSON                   89052     NV       PUD     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034

<CAPTION>
                                                                                      ORIGINAL
                                                                                      COMBAINED
              REMAINING     ORIGINAL   SCHEDULED                       PAID THRU       LOAN TO      OTS
  LOANID        TERM        BALANCE     BALANCE      RATE      P&I        DATE          VALUE   DELINQUENCY INDEX       MARGIN
------------------------------------------------------------------------------------------------------------------------------
<S>              <C>      <C>         <C>           <C>     <C>        <C>              <C>        <C>       <C>        <C>
4000174767       359       50,000.00   49,970.49    8.625     388.89   10/1/2004        68.49      0-29      FIX            0
34643981         358      193,250.00  192,931.91    7.125   1,301.97    9/1/2004        84.98      0-29      6ML        5.625
34693317         358       96,300.00   96,204.88      9.5     809.75    9/1/2004           90      0-29      6ML         7.75
35196096         359      152,000.00  151,881.42     7.25   1,036.91   10/1/2004          100      0-29      6ML        5.625
4000170772       359      134,100.00  134,099.99      8.5     949.88   10/1/2004           90      0-29      6ML         6.25
34933010         359       85,500.00   85,500.00     7.25     516.56   10/1/2004           95      0-29      6ML         5.25
34675025         358      130,000.00  129,752.64     6.25     800.44    9/1/2004        57.78      0-29      6ML            4
34863423         359      319,200.00  319,200.00        6   1,596.00   10/1/2004           80      0-29      6ML        4.125
34759274         359      313,500.00  313,223.40    6.625   2,007.38   10/1/2004           95      0-29      6ML          5.5
35122126         359      105,600.00  105,525.46     7.75     756.54   10/1/2004           80      0-29      FIX            0
35147966         358      104,400.00  104,400.00    6.375     554.63    9/1/2004           80      0-29      6ML        4.375
35152545         359      191,920.00  191,920.00    6.875   1,099.54   10/1/2004           80      0-29      6ML            5
35245760         359      247,500.00  246,714.33    5.875   1,464.06   11/1/2004           75      0-29      6ML         3.75
4000049289       359      138,300.00  138,300.00    6.999     806.63   10/1/2004        79.99      0-29      6ML          4.5
35303866         359      126,000.00  126,000.00     7.25     761.25   10/1/2004           90      0-29      6ML          4.5
34922005         358      135,000.00  134,755.24      6.5      853.3    9/1/2004           90      0-29      6ML        4.875
35284850         359      172,000.00  172,000.00     6.75      967.5   10/1/2004           80      0-29      6ML        4.625
34698522         359      160,800.00  160,800.00      8.5   1,139.00   10/1/2004           80      0-29      6ML         6.25
35203397         359      486,200.00  486,200.00     6.75   2,734.88   10/1/2004           85      0-29      6ML        5.375
4000167705       359      287,000.00  287,000.00    5.625   1,345.31   10/1/2004        76.53      0-29      6ML         3.75
35029651         359      286,000.00  286,000.00     5.75   1,370.42   10/1/2004           80      0-29      6ML        3.375
4000163820       359      175,000.00  174,870.12      7.5   1,223.63   10/1/2004        52.24      0-29      6ML        5.375
34952986         359      200,000.00  199,831.97    6.875   1,313.86   10/1/2004        57.39      0-29      6ML        4.875
4000171821       359      268,000.00  268,000.00    6.875   1,535.42   10/1/2004           80      0-29      6ML         4.75
35011303         359      196,800.00  196,800.00     6.25   1,025.00   10/1/2004           80      0-29      6ML         4.25
35012376         359      204,800.00  204,800.00    6.375   1,088.00   10/1/2004           80      0-29      6ML        4.375
35187921         359      182,000.00  182,000.00     6.75   1,023.75   10/1/2004        81.61      0-29      6ML        4.375
4000176351       359      251,600.00  251,600.00     5.25   1,100.75   10/1/2004        79.99      0-29      6ML        3.625
34728642         358      247,050.00  246,612.86    6.625   1,581.89    9/1/2004           90      0-29      6ML        5.625
4000129536       359      103,400.00  103,400.00     7.25     624.71   10/1/2004        79.97      0-29      FIX            0
4000161625       359      119,000.00  119,000.00     8.25     818.12   10/1/2004           85      0-29      6ML        5.875
34712893         359      163,900.00  163,728.87     5.75     956.48   10/1/2004        79.98      0-29      6ML         4.25
34973180         359       76,500.00   76,441.79    7.375     528.37   10/1/2004        86.93      0-29      6ML        5.625
34994343         359      194,400.00  194,400.00    6.625   1,073.25   10/1/2004           80      0-29      6ML            5
35068550         358      152,500.00  152,299.81    8.125   1,132.31    9/1/2004        70.28      0-29      FIX            0
33017427         359       45,900.00   45,876.81    9.375     381.78   10/1/2004           90      0-29      FIX            0
34738757         359      123,950.00  123,858.01      7.5     866.68   10/1/2004        90.13      0-29      6ML        5.625
34905596         358      148,750.00  148,750.00     8.25   1,022.66    9/1/2004           85      0-29      6ML        5.625
4000073358       359       71,900.00   71,833.41    6.375     448.56   10/1/2004        79.98      0-29      FIX            0
35159185         359      151,852.00  151,852.00    7.625     964.89   10/1/2004           95      0-29      6ML         6.25
35161553         359      122,900.00  122,808.79      7.5     859.34   10/1/2004          100      0-29      6ML        5.875
4000177474       359      270,000.00  269,773.17    6.875   1,773.71   10/1/2004           90      0-29      6ML          4.5
34673327         359      310,650.00  310,650.00     5.75   1,488.53   10/1/2004        79.99      0-29      6ML         3.75
35159235         359       71,680.00   71,680.00      6.5     388.27   10/1/2004           80      0-29      6ML        4.375
35086289         359      220,000.00  220,000.00    7.625   1,397.92   10/1/2004          100      0-29      6ML         5.75
34996090         359      270,400.00  270,149.55    6.375   1,686.95   10/1/2004           80      0-29      6ML        4.875
35144484         358       82,400.00   82,375.00     7.75     532.17    9/1/2004           80      0-29      6ML        5.375
4000176167       359      198,400.00  198,400.00        6        992   10/1/2004           80      0-29      6ML        4.125
35132315         359      166,250.00  166,058.21     6.99   1,104.95   10/1/2004           95      0-29      6ML          5.5
4000171857       359       85,000.00   84,819.79     8.75      668.7   10/1/2004           85      0-29      6ML         6.75
34659102         359      103,500.00  103,391.94     5.75        604   10/1/2004        82.67      0-29      6ML        4.375
34833137         359      134,450.00  134,342.48    7.125     905.82   10/1/2004        79.98      0-29      6ML         5.25
33016965         358      182,000.00  181,748.67    7.875   1,319.63    9/1/2004        88.78      0-29      FIX            0
4000168281       359      114,000.00  114,000.00    7.375     700.63   10/1/2004           95      0-29      6ML        5.375
34893123         359      222,400.00  222,254.51    8.125   1,651.32   10/1/2004           80      0-29      6ML         6.25
35303981         359      575,000.00  575,000.00    6.875   3,294.27   10/1/2004        97.62      0-29      6ML         5.25
35227685         359      136,000.00  136,000.00     6.25     708.33   10/1/2004           80      0-29      6ML        4.125
34846956         358      225,250.00  225,250.00     7.75   1,454.74   10/1/2004           85      0-29      6ML          5.5
34921189         359      116,000.00  115,913.91      7.5     811.09   10/1/2004           80      0-29      FIX            0
35068170         358      152,000.00  152,000.00    5.625      712.5   10/1/2004           80      0-29      6ML         3.75
4000165771       359      221,000.00  220,847.91    7.875   1,602.40   10/1/2004        88.05      0-29      6ML        5.375
35083344         359      197,600.00  197,449.42    7.375   1,364.78   10/1/2004          100      0-29      FIX            0
35346436         359      212,500.00  212,334.22     7.25   1,449.63   10/1/2004          100      0-29      6ML        5.875
35193663         359      424,800.00  424,800.00    5.875   2,079.75   10/1/2004           80      0-29      6ML            4
4000176562       359      125,000.00  124,897.52    6.999     831.54   10/1/2004        44.33      0-29      6ML          4.5
35147438         359      119,000.00  118,926.03    8.375     904.49   10/1/2004           85      0-29      FIX            0
34936427         358      157,200.00  156,846.91    5.375     880.28    9/1/2004           80      0-29      6ML         3.75
35204981         359      624,000.00  624,000.00    6.625   3,445.00   10/1/2004           80      0-29      6ML         3.75
35077114         359       65,600.00   65,600.00    7.375     403.17   10/1/2004           80      0-29      6ML            5
4000159803       359      218,000.00  217,812.31     6.75   1,413.94   10/1/2004        66.67      0-29      FIX            0
34828160         359       82,500.00   82,500.00    6.875     472.66   10/1/2004         56.9      0-29      6ML        4.125
34932079         359       55,000.00   54,949.06    6.375     343.13   10/1/2004        38.87      0-29      FIX            0
35108265         359      245,000.00  244,855.35    8.625   1,905.59   10/1/2004          100      0-29      6ML        6.375
34934752         359      121,600.00  121,600.00     6.75        684   10/1/2004           80      0-29      6ML         4.25
4000166065       359       80,000.00   79,934.41    6.999     532.19   10/1/2004           80      0-29      FIX            0
34859751         359      225,000.00  224,796.59      6.5   1,422.16   10/1/2004           90      0-29      6ML        5.125
33017328         359       44,000.00   43,968.15    7.625     311.43   10/1/2004           80      0-29      6ML            6
4000169663       359       45,000.00   44,969.03    7.875     326.28   10/1/2004          100      0-29      6ML          6.5
35283779         359      277,000.00  276,860.11    9.375   2,303.95   10/1/2004          100      0-29      6ML        6.125
33019522         359      145,000.00  144,878.18    6.875     952.55   10/1/2004          100      0-29      6ML         5.25
4000152466       359      529,600.00  529,600.00    6.375   2,813.50   10/1/2004           80      0-29      6ML        4.125
34735779         358       66,000.00   65,999.38    5.625     309.38   11/1/2004         27.5      0-29      6ML         3.25
34715151         359       42,000.00   42,000.00      6.5      227.5   10/1/2004        31.82      0-29      6ML         4.25
35148923         359       39,900.00   39,866.47    6.875     262.12   10/1/2004        79.96      0-29      6ML        5.125
34993162         359      156,750.00  156,750.00    7.875   1,028.67   10/1/2004           95      0-29      6ML          6.5
34866780         359      250,000.00  249,804.97     7.25   1,705.45   10/1/2004        79.37      0-29      6ML        5.625
34971606         359       72,000.00   71,943.83     7.25     491.17   10/1/2004        84.71      0-29      FIX            0
34240747         359      134,050.00  134,050.00     6.75     754.03   10/1/2004        79.98      0-29      6ML         4.75
35083278         359      175,500.00  175,376.13     7.75   1,257.31   10/1/2004          100      0-29      6ML            6
4000166654       358      183,600.00  183,600.00        7   1,071.00    9/1/2004           80      0-29      6ML        5.125
35033380         359      566,400.00  566,400.00    6.375   3,009.00   10/1/2004           80      0-29      6ML          4.5
34578682         359      216,480.00  216,480.00    6.625   1,195.15   10/1/2004           80      0-29      6ML          4.5
35136738         359      384,000.00  383,692.92    7.125   2,587.08   10/1/2004        94.81      0-29      6ML        5.375
34080051         358      160,000.00  160,000.00    6.125     816.67   10/1/2004           80      0-29      6ML         4.25
4000169454       359      286,700.00  286,459.14    6.875   1,883.41   10/1/2004        79.99      0-29      6ML         5.25
34798009         359      263,200.00  263,200.00     6.25   1,370.83   10/1/2004           80      0-29      6ML            4
34964817         359      177,800.00  177,657.81    7.125   1,197.88   10/1/2004          100      0-29      6ML            6
35192475         359      325,000.00  324,733.07     6.99   2,160.06   10/1/2004        77.38      0-29      6ML          5.5
4000162829       359      463,200.00  463,200.00    5.375   2,074.75   10/1/2004           80      0-29      6ML        3.375
34717439         359      204,000.00  204,000.00      6.5   1,105.00   10/1/2004           80      0-29      6ML        3.875
4000168190       359      285,000.00  284,754.63     6.75   1,848.50   10/1/2004        79.17      0-29      6ML        4.375
34758656         359      387,150.00  387,150.00    6.875   2,218.05   10/1/2004        89.99      0-29      6ML            5
34021196         359       88,800.00   88,748.90     8.75      698.6   10/1/2004           80      0-29      FIX            0
35211747         359      207,100.00  207,100.00     6.75   1,164.94   10/1/2004           95      0-29      6ML         5.25
34080655         358      192,400.00  192,400.00    6.625   1,062.21    9/1/2004        51.31      0-29      6ML         4.25

<CAPTION>
             INITIAL  PERIODIC                           PREPAYMENT
  LOANID       CAP      CAP       FLOOR    CEILING          TERM                                PREPAYMENT PENALTY
--------------------------------------------------------------------------------------------------------------------------
<S>             <C>      <C>      <C>       <C>              <C>                        <C>
4000174767      0        0            0          0           36                              6 mo.s interest less 20% obal
34643981        3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
34693317        3        1          9.5       15.5           24                              6 mo.s interest less 20% obal
35196096        3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
4000170772      3        1          8.5       14.5           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34933010        3        1         7.25      13.25           36                              6 mo.s interest less 20% obal
34675025        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
34863423        3        1            6         12            0                                                       None
34759274        3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
35122126        0        0            0          0            0                                                       None
35147966        3        1        6.375     12.375            0                                                       None
35152545        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
35245760        3        1        5.875     11.875            0                                                       None
4000049289      3        1        6.999     12.999           36                              6 mo.s interest less 20% obal
35303866        3        1         7.25      13.25           12                              6 mo.s interest less 20% obal
34922005        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
35284850        3        1         6.75      12.75            0                                                       None
34698522        3        1          8.5       14.5           24                              6 mo.s interest less 20% obal
35203397        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
4000167705      3        1        5.625     11.625           24                              6 mo.s interest less 20% obal
35029651        3        1         5.75      11.75           36                              6 mo.s interest less 20% obal
4000163820      3        1          7.5       13.5            0                                                       None
34952986        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
4000171821      3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
35011303        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
35012376        3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
35187921        3        1         6.75      12.75           36                              6 mo.s interest less 20% obal
4000176351      3        1         5.25      11.25           36                              6 mo.s interest less 20% obal
34728642        3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
4000129536      0        0            0          0           36                              6 mo.s interest less 20% obal
4000161625      3        1         8.25      14.25           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34712893        3        1         5.75      11.75           24                              6 mo.s interest less 20% obal
34973180        3        1        7.375     13.375           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34994343        3        1        6.625     12.625           36                         min (2% prepaid, 60 days interest)
35068550        0        0            0          0           36                              6 mo.s interest less 20% obal
33017427        0        0            0          0           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34738757        3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
34905596        3        1         8.25      14.25            0                                                       None
4000073358      0        0            0          0            0                                                       None
35159185        3        1        7.625     13.625            0                                                       None
35161553        3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
4000177474      3        1        6.875     12.875            0                                                       None
34673327        3        1         5.75      11.75           36                              6 mo.s interest less 20% obal
35159235        3        1          6.5       12.5           36                              6 mo.s interest less 20% obal
35086289        3        1        7.625     13.625           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34996090        3        1        6.375     12.375           36                         min (2% prepaid, 60 days interest)
35144484        3        1         7.75      13.75           24                              6 mo.s interest less 20% obal
4000176167      3        1            6         12           24                              6 mo.s interest less 20% obal
35132315        3        1         6.99      12.99           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000171857      3        1         8.75      14.75           12                              3%/2%/1%-1st yr/2nd yr/3rd yr
34659102        3        1         5.75      11.75           24                                                 2% prepaid
34833137        3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
33016965        0        0            0          0           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000168281      3        1        7.375     13.375           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34893123        3        1        8.125     14.125           24                              6 mo.s interest less 20% obal
35303981        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
35227685        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
34846956        3        1         7.75      13.75           12                              3%/2%/1%-1st yr/2nd yr/3rd yr
34921189        0        0            0          0            0                                                       None
35068170        3        1        5.625     11.625            0                                                       None
4000165771      3        1        7.875     13.875           24                              6 mo.s interest less 20% obal
35083344        0        0            0          0           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35346436        3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
35193663        3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
4000176562      3        1        6.999     12.999           24                              6 mo.s interest less 20% obal
35147438        0        0            0          0            0                                                       None
34936427        3        1        5.375     11.375           24                              6 mo.s interest less 20% obal
35204981        3        1        6.625     12.625            0                                                       None
35077114        3        1        7.375     13.375            0                                                       None
4000159803      0        0            0          0           36                              6 mo.s interest less 20% obal
34828160        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
34932079        0        0            0          0           36                              6 mo.s interest less 20% obal
35108265        3        1        8.625     14.625           36                              6 mo.s interest less 20% obal
34934752        3        1         6.75      12.75           36                              6 mo.s interest less 20% obal
4000166065      0        0            0          0            0                                                       None
34859751        3        1          6.5       12.5           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
33017328        3        1        7.625     13.625           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000169663      3        1        7.875     13.875           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35283779        3        1        9.375     15.375           12                              6 mo.s interest less 20% obal
33019522        3        1        6.875     12.875           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000152466      3        1        6.375     12.375            0                                                       None
34735779        1        1        5.625     11.625           24                              6 mo.s interest less 20% obal
34715151        3        1          6.5       12.5           36                              6 mo.s interest less 20% obal
35148923        3        1        6.875     12.875           36                              6 mo.s interest less 20% obal
34993162        3        1        7.875     13.875           24                         min (2% prepaid, 60 days interest)
34866780        3        1         7.25      13.25            0                                                       None
34971606        0        0            0          0           36                                                 1% prepaid
34240747        3        1         6.75      12.75           36                              6 mo.s interest less 20% obal
35083278        3        1         7.75      13.75           24                              6 mo.s interest less 20% obal
4000166654      3        1            7         13           24                              6 mo.s interest less 20% obal
35033380        3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
34578682        3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
35136738        3        1        7.125     13.125            0                                                       None
34080051        3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
4000169454      3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
34798009        3        1         6.25      12.25           36                              6 mo.s interest less 20% obal
34964817        3        1        7.125     13.125           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35192475        3        1         6.99      12.99           36                              6 mo.s interest less 20% obal
4000162829      3        1        5.375     11.375           24                              6 mo.s interest less 20% obal
34717439        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
4000168190      3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
34758656        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
34021196        0        0            0          0           36                              6 mo.s interest less 20% obal
35211747        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
34080655        3        1        6.625     12.625           24                              6 mo.s interest less 20% obal

<CAPTION>
                                              PAYMENT
              FIRST RATE      RATE RESET       RESET                                  MI
  LOANID      RESET DATE       FREQUENCY     FREQUENCY  PURPOSE   DIV  IO    IOTERM  FLAG
-----------------------------------------------------------------------------------------
<S>           <C>                  <C>            <C>  <C>         <C>  <C>    <C>    <C>
4000174767    00/00/0000           0              0    Purchase    N    N       0     N
34643981        8/1/2006           6              6    C/O Refi    N    N       0     Y
34693317        8/1/2006           6              6    Purchase    N    N       0     Y
35196096        9/1/2006           6              6    C/O Refi    N    N       0     N
4000170772      9/1/2006           6              6    C/O Refi    N    Y      60     N
34933010        9/1/2007           6              6    Purchase    N    Y      60     Y
34675025        8/1/2006           6              6    C/O Refi    N    N       0     N
34863423        9/1/2007           6              6    Purchase    N    Y      60     N
34759274        9/1/2006           6              6    Purchase    N    N       0     Y
35122126      00/00/0000           0              0    C/O Refi    N    N       0     N
35147966        8/1/2006           6              6    Purchase    N    Y      60     N
35152545        9/1/2006           6              6    Purchase    N    Y      60     N
35245760        9/1/2007           6              6    C/O Refi    N    N       0     N
4000049289      9/1/2009           6              6    Purchase    N    Y      60     N
35303866        9/1/2006           6              6    Purchase    N    Y      60     Y
34922005        8/1/2006           6              6    C/O Refi    N    N       0     Y
35284850        9/1/2007           6              6    C/O Refi    N    Y      60     N
34698522        9/1/2006           6              6    C/O Refi    N    Y      60     N
35203397        9/1/2006           6              6    Purchase    N    Y      60     N
4000167705      9/1/2009           6              6    R/T Refi    N    Y      60     N
35029651        9/1/2009           6              6    Purchase    N    Y      60     N
4000163820      9/1/2006           6              6    C/O Refi    N    N       0     N
34952986        9/1/2006           6              6    C/O Refi    N    N       0     N
4000171821      9/1/2006           6              6    Purchase    N    Y      60     N
35011303        9/1/2006           6              6    C/O Refi    N    Y      60     N
35012376        9/1/2006           6              6    C/O Refi    N    Y      60     N
35187921        9/1/2009           6              6    C/O Refi    N    Y      60     N
4000176351      9/1/2007           6              6    Purchase    N    Y      60     N
34728642        8/1/2006           6              6    Purchase    N    N       0     Y
4000129536    00/00/0000           0              0    Purchase    N    Y      60     N
4000161625      9/1/2006           6              6    C/O Refi    N    Y      60     N
34712893        9/1/2006           6              6    Purchase    N    N       0     N
34973180        9/1/2006           6              6    C/O Refi    N    N       0     N
34994343        9/1/2006           6              6    C/O Refi    N    Y      60     N
35068550      00/00/0000           0              0    C/O Refi    N    N       0     N
33017427      00/00/0000           0              0    C/O Refi    N    N       0     N
34738757        9/1/2006           6              6    R/T Refi    N    N       0     Y
34905596        8/1/2006           6              6    Purchase    N    Y      60     N
4000073358    00/00/0000           0              0    Purchase    N    N       0     N
35159185        9/1/2006           6              6    Purchase    N    Y      60     Y
35161553        9/1/2006           6              6    Purchase    N    N       0     N
4000177474      9/1/2007           6              6    C/O Refi    N    N       0     Y
34673327        9/1/2009           6              6    Purchase    N    Y      60     N
35159235        9/1/2007           6              6    Purchase    N    Y      60     N
35086289        9/1/2006           6              6    C/O Refi    N    Y      60     N
34996090        9/1/2006           6              6    C/O Refi    N    N       0     N
35144484        8/1/2006           6              6    C/O Refi    N    Y      60     N
4000176167      9/1/2006           6              6    Purchase    N    Y      60     N
35132315        9/1/2006           6              6    C/O Refi    N    N       0     Y
4000171857      9/1/2006           6              6    C/O Refi    N    N       0     Y
34659102        9/1/2006           6              6    C/O Refi    N    N       0     Y
34833137        9/1/2006           6              6    Purchase    N    N       0     N
33016965      00/00/0000           0              0    C/O Refi    N    N       0     Y
4000168281      9/1/2006           6              6    C/O Refi    N    Y      60     Y
34893123        9/1/2006           6              6    C/O Refi    N    N       0     N
35303981        9/1/2006           6              6    Purchase    N    Y      60     N
35227685        9/1/2006           6              6    Purchase    N    Y      60     N
34846956        8/1/2006           6              6    C/O Refi    N    Y      60     N
34921189      00/00/0000           0              0    C/O Refi    N    N       0     N
35068170        8/1/2007           6              6    Purchase    N    Y      60     N
4000165771      9/1/2006           6              6    Purchase    N    N       0     Y
35083344      00/00/0000           0              0    Purchase    N    N       0     Y
35346436        9/1/2006           6              6    Purchase    N    N       0     N
35193663        9/1/2006           6              6    Purchase    N    Y      60     N
4000176562      9/1/2006           6              6    C/O Refi    N    N       0     N
35147438      00/00/0000           0              0    Purchase    N    N       0     Y
34936427        8/1/2006           6              6    Purchase    N    N       0     N
35204981        9/1/2006           6              6    Purchase    N    Y      60     N
35077114        9/1/2007           6              6    Purchase    N    Y      60     N
4000159803    00/00/0000           0              0    C/O Refi    N    N       0     N
34828160        9/1/2006           6              6    C/O Refi    N    Y      60     N
34932079      00/00/0000           0              0    Purchase    N    N       0     N
35108265        9/1/2007           6              6    R/T Refi    N    N       0     N
34934752        9/1/2009           6              6    Purchase    N    Y      60     N
4000166065    00/00/0000           0              0    C/O Refi    N    N       0     N
34859751        9/1/2006           6              6    C/O Refi    N    N       0     Y
33017328        9/1/2006           6              6    Purchase    N    N       0     N
4000169663      9/1/2006           6              6    Purchase    N    N       0     Y
35283779        9/1/2006           6              6    Purchase    N    N       0     N
33019522        9/1/2006           6              6    C/O Refi    N    N       0     Y
4000152466      9/1/2007           6              6    Purchase    N    Y      60     N
34735779        2/1/2005           6              6    C/O Refi    N    Y      60     N
34715151        9/1/2006           6              6    C/O Refi    N    Y      60     N
35148923        9/1/2007           6              6    Purchase    N    N       0     N
34993162        9/1/2006           6              6    Purchase    N    Y      60     Y
34866780        9/1/2007           6              6    Purchase    N    N       0     N
34971606      00/00/0000           0              0    C/O Refi    N    N       0     N
34240747        9/1/2007           6              6    Purchase    N    Y      60     N
35083278        9/1/2006           6              6    Purchase    N    N       0     N
4000166654      8/1/2006           6              6    Purchase    N    Y      60     N
35033380        9/1/2006           6              6    Purchase    N    Y      60     N
34578682        9/1/2009           6              6    C/O Refi    N    Y      60     N
35136738        9/1/2007           6              6    C/O Refi    N    N       0     Y
34080051        8/1/2006           6              6    Purchase    N    Y      60     N
4000169454      9/1/2006           6              6    Purchase    N    N       0     N
34798009        9/1/2007           6              6    Purchase    N    Y      60     N
34964817        9/1/2006           6              6    Purchase    N    N       0     N
35192475        9/1/2007           6              6    C/O Refi    N    N       0     N
4000162829      9/1/2006           6              6    Purchase    N    Y      60     N
34717439        9/1/2009           6              6    C/O Refi    N    Y      60     N
4000168190      9/1/2009           6              6    R/T Refi    N    N       0     N
34758656        9/1/2009           6              6    Purchase    N    Y      60     Y
34021196      00/00/0000           0              0    Purchase    N    N       0     N
35211747        9/1/2006           6              6    C/O Refi    N    Y      60     Y
34080655        8/1/2006           6              6    C/O Refi    N    Y      60     N
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
                                                          PROPERTY                    ORIGINAL ORIGINATION  FIRST PAY   MATURITY
  LOANID              CITY                 ZIP    STATE     TYPE       OCCUPANCY        TERM      DATE        DATE        DATE
--------------------------------------------------------------------------------------------------------------------------------
<S>           <C>                         <C>       <C>   <C>        <C>                <C>     <C>         <C>         <C>
35034362      VAN NUYS                    91402     CA       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
34936013      AUMSVILLE                   97325     OR       SFR     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
34758672      BURTONSVILLE                20866     MD       PUD     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
34719393      REDLANDS                    92374     CA       SFR     Owner Occupied     360     7/28/2004   10/1/2004   9/1/2034
35108380      DESOTO                      75115     TX       SFR     Investor           360     8/16/2004   10/1/2004   9/1/2034
34991240      SAINT PAUL                  55101     MN      Condo    Owner Occupied     360      8/4/2004    9/1/2004   8/1/2034
34014423      SPRING                      77379     TX       PUD     Owner Occupied     360     7/27/2004    9/1/2004   8/1/2034
34976746      FAIRFIELD                   45014     OH       SFR     Investor           360     8/17/2004   10/1/2004   9/1/2034
35009257      DENVER                      80214     CO       SFR     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
34866509      GREEN ISLAND                12183     NY    Units 2-4  Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
34706739      LA QUINTA                   92253     CA       PUD     Owner Occupied     360      7/1/2004    9/1/2004   8/1/2034
34721191      BAKERSFIELD                 93304     CA       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
34931626      TIGARD                      97224     OR       PUD     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
34236984      TUCSON                      85730     AZ       SFR     Owner Occupied     360     7/26/2004    9/1/2004   8/1/2034
35188556      ALISO VIEJO                 92656     CA      Condo    Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
4000174360    SACRAMENTO                  95822     CA       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35034180      INGLEWOOD                   90304     CA       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
35129758      CHICAGO                     60629     IL       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
34300343      VICTORVILLE                 92392     CA       SFR     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
34675181      PLUMAS LAKE                 95961     CA       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
4000149663    ELGIN                       60123     IL       SFR     Owner Occupied     360      7/9/2004    9/1/2004   8/1/2034
35187160      HAWTHORNE                   90250     CA       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35224682      GIBSONTON                   33534     FL       PUD     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
4000168976    MODESTO                     95351     CA       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
35191246      LOS ANGELES                 90033     CA    Units 2-4  Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
4000171321    OAKLAND                     94607     CA       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
4000172644    HIALEAH                     33016     FL      Condo    Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000162636    CATHEDRAL CITY              92234     CA       SFR     Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
34899344      ORLANDO                     32818     FL       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
35028257      WHITTIER                    90604     CA       SFR     Owner Occupied     360     7/28/2004   10/1/2004   9/1/2034
34645283      GREEN BAY                   54302     WI       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
34866236      BROOKLYN                    11207     NY    Units 2-4  Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
4000165420    NORTH HIGHLANDS             95660     CA       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
35129683      CHICAGO                     60632     IL    Units 2-4  Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35232776      ORLANDO                     32812     FL       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
34575027      ALBUQUERQUE                 87108     NM       SFR     Owner Occupied     360     6/28/2004    8/1/2004   7/1/2034
4000171094    PALMDALE                    93551     CA       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34756346      BALTIMORE                   21229     MD       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34453803      ROCKMART                    30153     GA       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35225457      MERRITT ISLAND              32952     FL       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
35244698      HOUSTON                     77077     TX       PUD     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
35284892      EDISON                       8817     NJ       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34972398      CINCINNATI                  45205     OH    Units 2-4  Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
35157353      CLARKSVILLE                 37042     TN       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000172402    SANTA ROSA                  95405     CA       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
4000168762    SHELTON                     98584     WA       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34996561      PRESCOTT                    54021     WI       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34455717      MABLETON                    30126     GA       PUD     Owner Occupied     360     6/22/2004    8/1/2004   7/1/2034
4000168164    SALINE                      48176     MI       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
34860288      CALUMET CITY                60409     IL       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
4000164386    ABERDEEN                    98520     WA       SFR     Owner Occupied     360     7/21/2004    9/1/2004   8/1/2034
35069012      CHARLOTTE                   28273     NC       PUD     Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
35033810      RANCHO CUCAMONGA            91730     CA       PUD     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
4000175511    WEST RICHLAND               99353     WA       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
4000157597    WEST UNION                  29696     SC       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
35323062      ALBANY                      97322     OR       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
35077452      DURHAM                      27703     NC       PUD     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
4000171709    NORTHRIDGE AREA             91325     CA       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
34655688      OCONOMOWOC                  53066     WI       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35024439      CHATTSWORTH                 91311     CA      Condo    Owner Occupied     360     7/23/2004    9/1/2004   8/1/2034
35104900      GRAND PRAIRIE               75052     TX       SFR     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
34716076      YUCAIPA                     92399     CA       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
35143452      COVINGTON                   30016     GA       PUD     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
4000163278    WATERFORD                   48327     MI       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
34899849      PENSACOLA                   32507     FL       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
4000159372    TOLEDO                      43608     OH       SFR     Owner Occupied     180     7/23/2004    9/1/2004   8/1/2019
32978629      SAPULPA                     74066     OK       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
34590620      LAKE STEVENS                98258     WA       PUD     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
34646968      MANITOWOC                   54220     WI       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
35110949      LITTLE ELM                  75068     TX       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
4000170125    GILBERT                     85296     AZ       PUD     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35161108      DOUGLASVILLE                30134     GA       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
4000159729    LOS ANGELES                 90026     CA       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35113000      ROUND ROCK                  78717     TX       PUD     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
33018706      KOKOMO                      46901     IN       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
33018169      NEW CASTLE                  47362     IN       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000173436    MARGATE                     33063     FL       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35086040      LOUISVILLE                  40228     KY       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35158393      MEMPHIS                     38133     TN       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
4000170592    MENTOR                      44060     OH      Condo    Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34998963      SAINT PAUL                  55105     MN       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
34651414      FORT DODGE                  50501     IA       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34992479      SPRING VALLEY               55975     MN       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
4000153808    SAN JOSE                    95136     CA       SFR     Owner Occupied     360     7/20/2004    9/1/2004   8/1/2034
35184738      BIG BEAR LAKE AREA          92314     CA       SFR      Second Home       360     7/29/2004   10/1/2004   9/1/2034
4000177813    WESTLAND                    48186     MI       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
4000151638    LOS GATOS                   95033     CA       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35232461      DORA                        35062     AL       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34509752      CINCINNATI                  45231     OH       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
35014364      PARKER                      80134     CO       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34965095      WALTON                      41094     KY       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34505404      COVINGTON                   41014     KY       SFR     Owner Occupied     360      7/2/2004    9/1/2004   8/1/2034
35402627      MEMPHIS                     38114     TN       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34504381      KOKOMO                      46901     IN       SFR     Owner Occupied     360      8/3/2004    9/1/2004   8/1/2034
35007749      THORNTON                    80241     CO       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
4000167427    DETROIT                     48206     MI       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34997163      BUFFALO                     55313     MN       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35029099      VALLEJO                     94590     CA      Condo    Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
34799197      SAN DIEGO                   92110     CA      Condo    Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
35071166      CARY                        27513     NC       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35104272      PARADISE                    76073     TX       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
33781170      OSWEGO                      13126     NY       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34706069      VICTORVILLE                 92392     CA       PUD     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
4000170191    FREMONT                     94555     CA       PUD     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
4000162818    WATSONVILLE                 95076     CA       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034

<CAPTION>
                                                                                      ORIGINAL
                                                                                      COMBAINED
              REMAINING     ORIGINAL   SCHEDULED                       PAID THRU       LOAN TO      OTS
  LOANID        TERM        BALANCE     BALANCE      RATE      P&I        DATE          VALUE   DELINQUENCY INDEX       MARGIN
------------------------------------------------------------------------------------------------------------------------------
<S>              <C>      <C>         <C>           <C>     <C>        <C>              <C>        <C>       <C>        <C>
35034362         359      281,550.00  281,550.00      6.5   1,525.06   10/1/2004        79.99      0-29      6ML         4.75
34936013         359      107,200.00  107,200.00     5.75     513.67   10/1/2004           80      0-29      6ML          3.5
34758672         359      327,250.00  327,071.25        9   2,633.13   10/1/2004           85      0-29      6ML         7.25
34719393         359      140,000.00  139,921.51    8.875   1,113.91   10/1/2004           80      0-29      6ML         6.25
35108380         359      132,000.00  132,000.00    6.875     756.25   10/1/2004           80      0-29      6ML        4.125
34991240         358      156,600.00  156,600.00        7      913.5    9/1/2004           90      0-29      6ML          5.5
34014423         358      198,400.00  198,003.99        6   1,189.51    9/1/2004           80      0-29      6ML         4.25
34976746         359       78,750.00   78,701.05    8.375     598.56   10/1/2004           75      0-29      FIX            0
35009257         358      170,000.00  169,765.25    7.875   1,232.62    9/1/2004           85      0-29      6ML         6.25
34866509         359       64,000.00   63,920.00    7.875     464.05   10/1/2004           80      0-29      6ML          6.5
34706739         358      211,000.00  211,000.00        7   1,230.83    9/1/2004        84.65      0-29      6ML          5.5
34721191         359      147,250.00  147,250.00     6.75     828.28   10/1/2004           95      0-29      6ML         5.25
34931626         358      268,000.00  268,000.00    6.375   1,423.75   10/1/2004           80      0-29      6ML        4.125
34236984         358       97,500.00   97,327.45    6.625     624.31    9/1/2004        81.25      0-29      6ML         4.75
35188556         359      528,000.00  528,000.00     5.75   2,530.00   10/1/2004           80      0-29      6ML        3.625
4000174360       359      230,000.00  229,811.44    6.999   1,530.04   10/1/2004          100      0-29      6ML        5.625
35034180         359      224,000.00  223,771.62    5.875   1,325.05   10/1/2004        71.57      0-29      6ML         3.75
35129758         359      158,950.00  158,809.76    6.625   1,017.78   10/1/2004           85      0-29      6ML          4.5
34300343         359      172,400.00  172,400.00      6.5     933.83   10/1/2004           80      0-29      6ML        4.625
34675181         359      212,850.00  212,850.00    5.875   1,042.08   10/1/2004        79.99      0-29      6ML        3.625
4000149663       358      159,900.00  159,900.00    5.375     716.22    9/1/2004        79.99      0-29      6ML            4
35187160         359      409,500.00  409,500.00    6.375   2,175.47   10/1/2004           90      0-29      6ML            5
35224682         359      122,350.00  122,249.71        7        814   10/1/2004        79.98      0-29      6ML        5.125
4000168976       359      195,500.00  195,500.00        7   1,140.42   10/1/2004           85      0-29      6ML          5.5
35191246         359      212,000.00  212,000.00    6.375   1,126.25   10/1/2004           80      0-29      6ML            4
4000171321       359      280,000.00  280,000.00      5.5   1,283.33   10/1/2004           80      0-29      6ML        3.375
4000172644       359      113,000.00  112,900.30    6.625     723.55   10/1/2004        77.93      0-29      6ML          4.5
4000162636       358      297,500.00  297,189.39     5.75   1,736.13    9/1/2004           85      0-29      6ML         4.25
34899344         359      211,650.00  211,528.22     8.75   1,665.06   10/1/2004           85      0-29      6ML          5.5
35028257         359      200,000.00  199,810.23     6.25   1,231.44   10/1/2004        51.68      0-29      6ML            4
34645283         359       73,800.00   73,752.38     8.25     554.44   10/1/2004           90      0-29      6ML         6.25
34866236         359      441,750.00  441,405.39     7.25   3,013.52   10/1/2004           95      0-29      6ML          5.5
4000165420       359      188,000.00  188,000.00    4.125     646.25   10/1/2004           80      0-29      6ML        2.875
35129683         359      323,000.00  322,708.00      6.5   2,041.58   10/1/2004        89.23      0-29      6ML        4.875
35232776         359      189,500.00  189,340.79    6.875   1,244.89   10/1/2004        94.99      0-29      6ML        5.375
34575027         357       50,000.00   49,876.31        7     332.66   10/1/2004        57.53      0-29      6ML         4.75
4000171094       359      392,652.00  392,652.00    6.999   2,290.14   10/1/2004           90      0-29      6ML         5.75
34756346         359       61,900.00   61,863.45    8.625     481.46   10/1/2004        89.97      0-29      6ML        6.875
34453803         359       68,000.00   67,939.58    6.875     446.72   10/1/2004           80      0-29      6ML        5.125
35225457         359      158,900.00  158,806.18    8.625   1,235.91   10/1/2004          100      0-29      6ML        6.125
35244698         359      140,000.00  139,863.92    6.125     850.66   10/1/2004        62.22      0-29      6ML         3.75
35284892         359      267,750.00  267,579.26     8.25   2,011.52   10/1/2004           85      0-29      6ML        6.625
34972398         359       42,000.00   41,980.40     9.75     360.85   10/1/2004          100      0-29      FIX            0
35157353         359       92,000.00   92,000.00     7.25     555.83   10/1/2004           80      0-29      6ML        5.375
4000172402       359      324,000.00  324,000.00    5.625   1,518.75   10/1/2004           80      0-29      6ML        4.125
4000168762       359      100,720.00  100,720.00    5.625     472.13   10/1/2004           80      0-29      6ML        3.625
34996561         359      175,750.00  175,750.00      7.5   1,098.44   10/1/2004           95      0-29      6ML         6.25
34455717         357      278,000.00  277,985.38    6.875   1,592.71    9/1/2004        89.68      0-29      6ML         5.25
4000168164       359      454,500.00  454,500.00    7.875   2,982.66   10/1/2004           90      0-29      6ML         6.25
34860288         359      131,750.00  131,652.22      7.5     921.22   10/1/2004           85      0-29      6ML            6
4000164386       358       56,392.00   56,296.97    6.875     370.46   10/1/2004           80      0-29      6ML        5.125
35069012         358       76,000.00   75,862.20      6.5     480.38    9/1/2004           80      0-29      6ML        4.375
35033810         359      292,500.00  292,500.00    7.125   1,736.72   10/1/2004           90      0-29      6ML        5.875
4000175511       359      211,900.00  211,738.76    7.375   1,463.54   10/1/2004        94.96      0-29      6ML        6.125
4000157597       359      100,000.00  100,000.00      6.5     541.67   10/1/2004           80      0-29      6ML          4.5
35323062         359      108,700.00  108,575.19    6.625     696.02   10/1/2004          100      0-29      6ML        5.125
35077452         359      127,000.00  127,000.00    4.875     515.94   10/1/2004        79.87      0-29      6ML        2.875
4000171709       359      512,000.00  512,000.00    6.125   2,613.33   10/1/2004           80      0-29      6ML        3.625
34655688         359      163,900.00  163,765.64        7   1,090.44   10/1/2004        94.98      0-29      6ML          5.5
35024439         358      210,400.00  210,400.00    6.125   1,073.92   10/1/2004           80      0-29      6ML        4.125
35104900         358      199,750.00  199,750.00        8   1,331.67    9/1/2004        89.98      0-29      6ML        6.625
34716076         359      550,000.00  549,570.95     7.25   3,751.97   10/1/2004        83.33      0-29      6ML         5.25
35143452         359      103,920.00  103,920.00    7.125     617.03   10/1/2004           80      0-29      6ML        5.125
4000163278       359      111,350.00  111,289.18        9     895.95   10/1/2004           85      0-29      6ML        7.125
34899849         359       82,400.00   82,327.30    6.625     527.62   10/1/2004           80      0-29      6ML         4.75
4000159372       178       44,500.00   44,261.48        9     451.35    9/1/2004        83.96      0-29      FIX            0
32978629         359       97,500.00   97,423.93     7.25     665.13   10/1/2004        69.64      0-29      FIX            0
34590620         359      177,600.00  177,414.57     5.75   1,036.43   10/1/2004           80      0-29      6ML        3.875
34646968         359       72,000.00   71,951.14    8.375     547.26   10/1/2004        84.71      0-29      6ML        6.875
35110949         359      143,050.00  143,050.00      6.5     774.85   10/1/2004        79.98      0-29      6ML         4.25
4000170125       359      150,000.00  149,906.77    8.375   1,140.11   10/1/2004          100      0-29      FIX            0
35161108         359      125,000.00  125,000.00    8.625     898.44   10/1/2004          100      0-29      6ML        6.375
4000159729       359      533,600.00  533,117.62      6.5   3,372.71   10/1/2004           80      0-29      6ML         3.75
35113000         359      176,700.00  176,575.28     7.75   1,265.91   10/1/2004        84.98      0-29      6ML         4.75
33018706         359       56,000.00   55,960.47     7.75      401.2   10/1/2004           80      0-29      6ML        5.125
33018169         359      108,000.00  107,907.01     6.75     700.49   10/1/2004          100      0-29      6ML         5.25
4000173436       359      280,000.00  280,000.00    7.375   1,720.83   10/1/2004          100      0-29      6ML         5.75
35086040         359      210,700.00  210,419.34    6.375   1,314.50   10/1/2004        94.98      0-29      6ML        5.375
35158393         359       85,120.00   85,120.00      5.5     390.13   10/1/2004           80      0-29      6ML         3.75
4000170592       359      114,000.00  113,937.65    8.999     917.26   10/1/2004           95      0-29      6ML         7.25
34998963         359      312,000.00  311,779.79     7.75   2,235.21   10/1/2004          100      0-29      6ML          5.5
34651414         359       36,800.00   36,776.53     8.25     276.47   10/1/2004           80      0-29      6ML          5.5
34992479         359      166,500.00  166,370.11     7.25   1,135.83   10/1/2004        94.98      0-29      6ML        6.375
4000153808       358      444,000.00  444,000.00    6.125   2,266.25   10/1/2004           80      0-29      6ML        4.125
35184738         359      155,000.00  154,884.96      7.5   1,083.79   10/1/2004        75.61      0-29      FIX            0
4000177813       359      118,000.00  117,910.21    7.375        815   10/1/2004          100      0-29      6ML        5.625
4000151638       359      623,200.00  623,200.00     5.25   2,726.50   10/1/2004           80      0-29      6ML        3.375
35232461         359      330,000.00  330,000.00      6.5   1,787.50   10/1/2004        84.83      0-29      6ML        4.625
34509752         359      108,000.00  107,934.57      8.5     830.43   10/1/2004           80      0-29      FIX            0
35014364         359      382,500.00  382,500.00      6.5   2,071.88   10/1/2004        87.93      0-29      6ML        4.875
34965095         359       91,200.00   91,132.31      7.5     637.69   10/1/2004           95      0-29      6ML         5.75
34505404         358       35,000.00   34,952.87        8     256.82    9/1/2004           35      0-29      FIX            0
35402627         359       73,600.00   73,600.00     7.75     475.33   10/1/2004           80      0-29      6ML        5.375
34504381         358       53,600.00   53,520.19      7.5     374.78    9/1/2004           80      0-29      6ML        5.625
35007749         359      178,500.00  178,386.17     8.25   1,341.02   10/1/2004           85      0-29      6ML        6.625
4000167427       359       80,750.00   80,694.43    7.875     585.49   10/1/2004           85      0-29      6ML        5.875
34997163         359      153,000.00  152,886.45      7.5   1,069.80   10/1/2004           85      0-29      6ML        6.125
35029099         358      191,600.00  191,599.36    6.375   1,017.88    9/1/2004           80      0-29      6ML        4.125
34799197         359      308,000.00  308,000.00     5.99   1,537.43   10/1/2004           80      0-29      6ML         3.75
35071166         359      130,950.00  130,864.33    8.125     972.31   10/1/2004          100      0-29      6ML         6.25
35104272         359      113,000.00  112,922.23    7.875     819.33   10/1/2004        75.33      0-29      6ML         5.25
33781170         359       45,600.00   45,576.97    9.375     379.28   10/1/2004           95      0-29      FIX            0
34706069         359      184,000.00  184,000.00     5.75     881.67   10/1/2004           80      0-29      6ML         3.75
4000170191       359      236,000.00  236,000.00    6.125   1,204.58   10/1/2004           80      0-29      6ML        4.125
4000162818       359      595,000.00  595,000.00     6.25   3,098.96   10/1/2004        69.59      0-29      6ML        3.625

<CAPTION>
             INITIAL  PERIODIC                           PREPAYMENT
  LOANID       CAP      CAP       FLOOR    CEILING          TERM                                PREPAYMENT PENALTY
--------------------------------------------------------------------------------------------------------------------------
<S>             <C>      <C>      <C>       <C>              <C>                        <C>
35034362        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
34936013        3        1         5.75      11.75           36                              6 mo.s interest less 20% obal
34758672        3        1            9         15           24                              6 mo.s interest less 20% obal
34719393        3        1        8.875     14.875           24                              6 mo.s interest less 20% obal
35108380        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
34991240        3        1            7         13           36                         min (2% prepaid, 60 days interest)
34014423        3        1            6         12            0                                                       None
34976746        0        0            0          0           24                                                 1% prepaid
35009257        3        1        7.875     13.875           24                              6 mo.s interest less 20% obal
34866509        3        1        7.875     13.875            0                                                       None
34706739        3        1            7         13           24                              6 mo.s interest less 20% obal
34721191        3        1         6.75      12.75           36                              6 mo.s interest less 20% obal
34931626        3        1        6.375     12.375           12                              6 mo.s interest less 20% obal
34236984        3        1        6.625     12.625           36                              6 mo.s interest less 20% obal
35188556        3        1         5.75      11.75           24                              6 mo.s interest less 20% obal
4000174360      3        1        6.999     12.999           24                              6 mo.s interest less 20% obal
35034180        3        1        5.875     11.875           36                              6 mo.s interest less 20% obal
35129758        3        1        6.625     12.625           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34300343        3        1          6.5       12.5           36                              6 mo.s interest less 20% obal
34675181        3        1        5.875     11.875           36                              6 mo.s interest less 20% obal
4000149663      3        1        5.375     11.375           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35187160        3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
35224682        3        1            7         13           24                              6 mo.s interest less 20% obal
4000168976      3        1            7         13           36                              6 mo.s interest less 20% obal
35191246        3        1        6.375     12.375           36                              6 mo.s interest less 20% obal
4000171321      3        1          5.5       11.5            0                                                       None
4000172644      3        1        6.625     12.625           36                              6 mo.s interest less 20% obal
4000162636      3        1         5.75      11.75           36                              6 mo.s interest less 20% obal
34899344        3        1         8.75      14.75           24                              6 mo.s interest less 20% obal
35028257        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
34645283        3        1         8.25      14.25           24                              6 mo.s interest less 20% obal
34866236        3        1         7.25      13.25            0                                                       None
4000165420      1        1        4.125     10.125           24                              6 mo.s interest less 20% obal
35129683        3        1          6.5       12.5            0                                                       None
35232776        3        1        6.875     12.875           36                              6 mo.s interest less 20% obal
34575027        3        1            7         13            0                                                       None
4000171094      3        1        6.999     12.999           36                              6 mo.s interest less 20% obal
34756346        3        1        8.625     14.625           24                              6 mo.s interest less 20% obal
34453803        3        1        6.875     12.875            0                                                       None
35225457        3        1        8.625     14.625           36                              6 mo.s interest less 20% obal
35244698        3        1        6.125     12.125            0                                                       None
35284892        3        1         8.25      14.25            0                                                       None
34972398        0        0            0          0           36                                                 1% prepaid
35157353        3        1         7.25      13.25           36                              6 mo.s interest less 20% obal
4000172402      3        1        5.625     11.625           36                              6 mo.s interest less 20% obal
4000168762      3        1        5.625     11.625           24                              6 mo.s interest less 20% obal
34996561        3        1          7.5       13.5           36                              6 mo.s interest less 20% obal
34455717        3        1        6.875     12.875            0                                                       None
4000168164      3        1        7.875     13.875           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34860288        3        1          7.5       13.5           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000164386      3        1        6.875     12.875           36                              6 mo.s interest less 20% obal
35069012        3        1          6.5       12.5            0                                                       None
35033810        3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
4000175511      3        1        7.375     13.375           24                              6 mo.s interest less 20% obal
4000157597      3        1          6.5       12.5            0                                                       None
35323062        3        1        6.625     12.625           36                              6 mo.s interest less 20% obal
35077452        1        1        4.875     10.875            0                                                       None
4000171709      3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
34655688        3        1            7         13           24                              6 mo.s interest less 20% obal
35024439        3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
35104900        3        1            8         14           24                              6 mo.s interest less 20% obal
34716076        3        1         7.25      13.25           12                              6 mo.s interest less 20% obal
35143452        3        1        7.125     13.125            0                                                       None
4000163278      3        1            9         15           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34899849        3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
4000159372      0        0            0          0           36                                                 1% prepaid
32978629        0        0            0          0           36                              6 mo.s interest less 20% obal
34590620        3        1         5.75      11.75           24                              6 mo.s interest less 20% obal
34646968        3        1        8.375     14.375           24                              6 mo.s interest less 20% obal
35110949        3        1          6.5       12.5           36                              6 mo.s interest less 20% obal
4000170125      0        0            0          0           36                              6 mo.s interest less 20% obal
35161108        3        1        8.625     14.625            0                                                       None
4000159729      3        1          6.5       12.5           12                              6 mo.s interest less 20% obal
35113000        3        1         7.75      13.75           36                              6 mo.s interest less 20% obal
33018706        3        1         7.75      13.75           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
33018169        3        1         6.75      12.75           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000173436      3        1        7.375     13.375           24                              6 mo.s interest less 20% obal
35086040        3        1        6.375     12.375           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35158393        3        1          5.5       11.5           36                              6 mo.s interest less 20% obal
4000170592      3        1        8.999     14.999           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34998963        3        1         7.75      13.75           36                         min (2% prepaid, 60 days interest)
34651414        3        1         8.25      14.25           24                              6 mo.s interest less 20% obal
34992479        3        1         7.25      13.25           36                         min (2% prepaid, 60 days interest)
4000153808      3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
35184738        0        0            0          0           36                              6 mo.s interest less 20% obal
4000177813      3        1        7.375     13.375           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000151638      3        1         5.25      11.25           36                              6 mo.s interest less 20% obal
35232461        3        1          6.5       12.5           36                              6 mo.s interest less 20% obal
34509752        0        0            0          0           36                                                 1% prepaid
35014364        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
34965095        3        1          7.5       13.5           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34505404        0        0            0          0           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35402627        3        1         7.75      13.75           36                              6 mo.s interest less 20% obal
34504381        3        1          7.5       13.5           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35007749        3        1         8.25      14.25           24                              6 mo.s interest less 20% obal
4000167427      3        1        7.875     13.875           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34997163        3        1          7.5       13.5           36                         min (2% prepaid, 60 days interest)
35029099        3        1        6.375     12.375           36                              6 mo.s interest less 20% obal
34799197        3        1         5.99      11.99           24                              6 mo.s interest less 20% obal
35071166        3        1        8.125     14.125            0                                                       None
35104272        3        1        7.875     13.875            0                                                       None
33781170        0        0            0          0           12                              6 mo.s interest less 20% obal
34706069        3        1         5.75      11.75           24                              6 mo.s interest less 20% obal
4000170191      3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
4000162818      3        1         6.25      12.25           24                              6 mo.s interest less 20% obal

<CAPTION>
                                              PAYMENT
              FIRST RATE      RATE RESET       RESET                                  MI
  LOANID      RESET DATE       FREQUENCY     FREQUENCY  PURPOSE   DIV  IO    IOTERM  FLAG
-----------------------------------------------------------------------------------------
<S>           <C>                  <C>            <C>  <C>         <C>  <C>    <C>    <C>
35034362        9/1/2006           6              6    Purchase    N    Y      60     N
34936013        9/1/2007           6              6    C/O Refi    N    Y      60     N
34758672        9/1/2006           6              6    C/O Refi    N    N       0     Y
34719393        9/1/2006           6              6    C/O Refi    N    N       0     N
35108380        9/1/2006           6              6    C/O Refi    N    Y      60     N
34991240        8/1/2006           6              6    Purchase    N    Y      60     N
34014423        8/1/2007           6              6    C/O Refi    N    N       0     N
34976746      00/00/0000           0              0    Purchase    N    N       0     N
35009257        8/1/2006           6              6    C/O Refi    N    N       0     Y
34866509        9/1/2007           6              6    C/O Refi    N    N       0     N
34706739        8/1/2006           6              6    Purchase    N    Y      60     N
34721191        9/1/2007           6              6    Purchase    N    Y      60     Y
34931626        8/1/2006           6              6    Purchase    N    Y      60     N
34236984        8/1/2007           6              6    C/O Refi    N    N       0     Y
35188556        9/1/2006           6              6    C/O Refi    N    Y      60     N
4000174360      9/1/2006           6              6    Purchase    N    N       0     N
35034180        9/1/2007           6              6    C/O Refi    N    N       0     N
35129758        9/1/2006           6              6    C/O Refi    N    N       0     Y
34300343        9/1/2007           6              6    Purchase    N    Y      60     N
34675181        9/1/2009           6              6    Purchase    N    Y      60     N
4000149663      8/1/2006           6              6    Purchase    N    Y      60     N
35187160        9/1/2006           6              6    C/O Refi    N    Y      60     Y
35224682        9/1/2006           6              6    Purchase    N    N       0     N
4000168976      9/1/2007           6              6    C/O Refi    N    Y      60     N
35191246        9/1/2009           6              6    Purchase    N    Y      60     N
4000171321      9/1/2006           6              6    Purchase    N    Y      60     N
4000172644      9/1/2007           6              6    R/T Refi    N    N       0     N
4000162636      8/1/2007           6              6    R/T Refi    N    N       0     Y
34899344        9/1/2006           6              6    Purchase    N    N       0     N
35028257        9/1/2006           6              6    C/O Refi    N    N       0     N
34645283        9/1/2006           6              6    C/O Refi    N    N       0     N
34866236        9/1/2009           6              6    C/O Refi    N    N       0     Y
4000165420      3/1/2005           6              6    Purchase    N    Y      60     N
35129683        9/1/2006           6              6    C/O Refi    N    N       0     Y
35232776        9/1/2009           6              6    Purchase    N    N       0     Y
34575027        7/1/2006           6              6    C/O Refi    N    N       0     N
4000171094      9/1/2007           6              6    Purchase    N    Y      60     Y
34756346        9/1/2006           6              6    Purchase    N    N       0     Y
34453803        9/1/2007           6              6    Purchase    N    N       0     N
35225457        9/1/2006           6              6    Purchase    N    N       0     N
35244698        9/1/2006           6              6    C/O Refi    N    N       0     N
35284892        9/1/2006           6              6    C/O Refi    N    N       0     Y
34972398      00/00/0000           0              0    Purchase    N    N       0     N
35157353        9/1/2007           6              6    Purchase    N    Y      60     N
4000172402      9/1/2006           6              6    Purchase    N    Y      60     N
4000168762      9/1/2006           6              6    Purchase    N    Y      60     N
34996561        9/1/2006           6              6    C/O Refi    N    Y      60     Y
34455717        7/1/2006           6              6    C/O Refi    N    Y      60     N
4000168164      9/1/2006           6              6    C/O Refi    N    Y      60     N
34860288        9/1/2006           6              6    C/O Refi    N    N       0     N
4000164386      8/1/2007           6              6    Purchase    N    N       0     N
35069012        8/1/2007           6              6    C/O Refi    N    N       0     N
35033810        9/1/2006           6              6    Purchase    N    Y      60     N
4000175511      9/1/2006           6              6    Purchase    N    N       0     Y
4000157597      9/1/2007           6              6    Purchase    N    Y      60     N
35323062        9/1/2007           6              6    Purchase    N    N       0     Y
35077452        3/1/2005           6              6    Purchase    N    Y      60     N
4000171709      9/1/2009           6              6    Purchase    N    Y      60     N
34655688        9/1/2006           6              6    C/O Refi    N    N       0     N
35024439        8/1/2006           6              6    Purchase    N    Y      60     N
35104900        8/1/2006           6              6    R/T Refi    N    Y      60     N
34716076        9/1/2006           6              6    R/T Refi    N    N       0     Y
35143452        9/1/2007           6              6    Purchase    N    Y      60     N
4000163278      9/1/2006           6              6    R/T Refi    N    N       0     Y
34899849        9/1/2006           6              6    Purchase    N    N       0     N
4000159372    00/00/0000           0              0    R/T Refi    N    N       0     N
32978629      00/00/0000           0              0    R/T Refi    N    N       0     N
34590620        9/1/2009           6              6    Purchase    N    N       0     N
34646968        9/1/2006           6              6    C/O Refi    N    N       0     N
35110949        9/1/2009           6              6    Purchase    N    Y      60     N
4000170125    00/00/0000           0              0    R/T Refi    N    N       0     N
35161108        9/1/2007           6              6    Purchase    N    Y      60     N
4000159729      9/1/2009           6              6    R/T Refi    N    N       0     N
35113000        9/1/2007           6              6    Purchase    N    N       0     Y
33018706        9/1/2007           6              6    C/O Refi    N    N       0     N
33018169        9/1/2006           6              6    C/O Refi    N    N       0     N
4000173436      9/1/2006           6              6    Purchase    N    Y      60     N
35086040        9/1/2006           6              6    Purchase    N    N       0     Y
35158393        9/1/2006           6              6    Purchase    N    Y      60     N
4000170592      9/1/2006           6              6    C/O Refi    N    N       0     Y
34998963        9/1/2007           6              6    R/T Refi    N    N       0     N
34651414        9/1/2006           6              6    C/O Refi    N    N       0     N
34992479        9/1/2006           6              6    Purchase    N    N       0     Y
4000153808      8/1/2006           6              6    Purchase    N    Y      60     N
35184738      00/00/0000           0              0    C/O Refi    N    N       0     N
4000177813      9/1/2006           6              6    Purchase    N    N       0     N
4000151638      9/1/2009           6              6    Purchase    N    Y      60     N
35232461        9/1/2007           6              6    C/O Refi    N    Y      60     Y
34509752      00/00/0000           0              0    C/O Refi    N    N       0     N
35014364        9/1/2006           6              6    C/O Refi    N    Y      60     Y
34965095        9/1/2006           6              6    R/T Refi    N    N       0     Y
34505404      00/00/0000           0              0    C/O Refi    N    N       0     N
35402627        9/1/2009           6              6    Purchase    N    Y      60     N
34504381        8/1/2006           6              6    Purchase    N    N       0     N
35007749        9/1/2006           6              6    C/O Refi    N    N       0     Y
4000167427      9/1/2006           6              6    C/O Refi    N    N       0     Y
34997163        9/1/2006           6              6    C/O Refi    N    N       0     Y
35029099        8/1/2007           6              6    Purchase    N    Y      60     N
34799197        9/1/2006           6              6    Purchase    N    Y      60     N
35071166        9/1/2007           6              6    C/O Refi    N    N       0     N
35104272        9/1/2007           6              6    C/O Refi    N    N       0     N
33781170      00/00/0000           0              0    Purchase    N    N       0     Y
34706069        9/1/2006           6              6    Purchase    N    Y      60     N
4000170191      9/1/2006           6              6    Purchase    N    Y      60     N
4000162818      9/1/2009           6              6    C/O Refi    N    Y      60     N
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
                                                          PROPERTY                    ORIGINAL ORIGINATION  FIRST PAY   MATURITY
  LOANID              CITY                 ZIP    STATE     TYPE       OCCUPANCY        TERM      DATE        DATE        DATE
--------------------------------------------------------------------------------------------------------------------------------
<S>           <C>                         <C>       <C>   <C>        <C>                <C>     <C>         <C>         <C>
34867655      PUTNAM VALLEY               10537     NY       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
34935296      AMBOY                       98601     WA       SFR     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
34921874      CARROLLTON                  30116     GA       SFR     Owner Occupied     360      8/4/2004    9/1/2004   8/1/2034
34932723      PORTLAND                    97266     OR       SFR     Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
34760165      ACCOKEEK                    20607     MD       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
35186709      LAKE ELSINORE               92530     CA       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
4000174750    IRON MOUNTAIN               49801     MI       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000170434    BEVERLY HILLS               48025     MI       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
34658716      OKLAHOMA CITY               73135     OK       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35066224      SUMMERVILLE                 29485     SC       PUD     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34922724      ROSEBURG                    97470     OR       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
4000166673    BENTON HARBOR               49022     MI       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34739201      WEST VALLEY CITY            84120     UT       SFR     Owner Occupied     360      8/5/2004    9/1/2004   8/1/2034
4000170110    EAST CHINA                  48054     MI       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35197987      RIPON                       95366     CA       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34997296      RAPID CITY                  57701     SD       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
4000165932    OWINGS MILLS                21117     MD       SFR     Owner Occupied     360      8/4/2004    9/1/2004   8/1/2034
4000158535    CLEVELAND HEIGHTS           44121     OH       SFR     Owner Occupied     360     7/21/2004    9/1/2004   8/1/2034
34972729      BELLEFONTANE                43311     OH       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
35269422      CHINO                       91710     CA       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35129329      CHICAGO                     60651     IL    Units 2-4  Investor           360     8/18/2004   10/1/2004   9/1/2034
34758920      WOODBRIDGE                  22193     VA       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
35242098      AUSTIN                      78725     TX       PUD     Owner Occupied     180      8/3/2004   10/1/2004   9/1/2019
35204171      VACAVILLE                   95687     CA       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
34861534      CHICAGO                     60619     IL       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
35148626      CORDOVA                     38018     TN       SFR     Owner Occupied     360      8/5/2004    9/1/2004   8/1/2034
34953091      CITRUS HEIGHTS              95610     CA       SFR     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
4000133737    PRINCETON                   24740     WV       PUD     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
4000162428    CORONA                      92882     CA       PUD     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
4000175251    CANTON                      48187     MI      Condo    Owner Occupied     360      9/1/2004   11/1/2004  10/1/2034
4000177856    OAK PARK                    48237     MI       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
4000155095    SEATTLE                     98118     WA       SFR     Owner Occupied     360     7/23/2004    9/1/2004   8/1/2034
4000165749    WOLCOTT                      6716     CT    Units 2-4  Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
34975243      CINCINNATI                  45216     OH       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
4000170992    DETROIT                     48234     MI       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
33867433      ST. LOUIS                   63107     MO       SFR     Owner Occupied     360     5/14/2004    7/1/2004   6/1/2034
34374173      READING                     19607     PA       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34922013      DAYTON                      97114     OR       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35116136      LAGO VISTA                  78645     TX      Condo    Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35365931      LOGAN                       84321     UT       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35122779      CHICAGO                     60643     IL       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
35150556      ATHENS                      37303     TN       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35185826      HENDERSON                   89015     NV       PUD     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35262047      UPLAND                      91784     CA       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
35263037      CHINO HILLS                 91709     CA      Condo    Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
4000169838    FAIRFIELD                   94533     CA       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
35156942      MARTINEZ                    30907     GA       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35085083      COLUMBUS                    43227     OH       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
34832766      KEENE                        3431     NH       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
4000162852    MADISON                     53705     WI       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
4000165325    ARLINGTON                   98223     WA       SFR     Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
34274589      HOUSTON                     77007     TX       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
35111277      GARLAND                     75043     TX       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35111699      FORT WORTH                  76137     TX       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34020834      MONTGOMERY                  77356     TX       SFR     Owner Occupied     180     8/12/2004   10/1/2004   9/1/2019
4000168101    SAGINAW                     48602     MI    Units 2-4  Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
35231620      TAMPA                       33604     FL       SFR     Investor           360     8/25/2004   10/1/2004   9/1/2034
33380338      DEARBORN                    48128     MI       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
35066406      ANDERSON                    29621     SC      Condo    Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
35342567      FREDERICK                   21703     MD       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34440727      WINSTON SALEM               27127     NC       SFR     Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
35195783      CULVER CITY                 90230     CA       PUD     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34410563      VANCOUVER                   98660     WA       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35364603      SPRINGVILLE                 84663     UT       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35244045      BACLIFF                     77518     TX       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
4000159346    WESTLAND                    48185     MI      Condo    Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35010503      BOULDER                     80305     CO       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
34589382      FIRCREST                    98466     WA       SFR     Owner Occupied     360     6/25/2004    8/1/2004   7/1/2034
35206887      RANCHO SANTA MARGARITA      92679     CA       PUD     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35304146      LAS VEGAS                   89135     NV       PUD     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
4000176573    STATEN ISLAND               10309     NY       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34999391      SCANDIA                     55073     MN       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34653691      SAINT CHARLES               63303     MO       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
34619023      CHICAGO                     60639     IL       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
4000173479    COLUMBUS                    43224     OH       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34937276      BEAVERTON                   97007     OR       PUD     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
35148725      NASHVILLE                   37209     TN       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34901181      ORLANDO                     32806     FL       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
35032432      HESPERIA                    92345     CA       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
34737981      KEARNS                      84118     UT       SFR     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
34555953      LANCASTER                   75134     TX       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35284942      SEABROOK                     8302     NJ       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35365113      BOUNTIFUL                   84010     UT      Condo    Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34381780      PHILADELPHIA                19131     PA       SFR     Owner Occupied     360      8/2/2004    9/1/2004   8/1/2034
35150713      STONE MOUNTAIN              30087     GA       PUD     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
34992230      COTTAGE GROVE               55016     MN       PUD     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34759753      UPPER MARLBORO              20774     MD       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
34994657      SAINT PAUL                  55128     MN       PUD     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
35246586      FULSHEAR                    77441     TX       PUD     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34960294      TEMECULA                    92590     CA       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
34857227      CHICAGO                     60617     IL       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
34981035      FRANKFORT                   45628     OH       SFR     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
4000165161    YPSILANTI                   48198     MI       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
35106939      LAKE DALLAS                 75065     TX       SFR     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
4000162299    FRESNO                      93711     CA       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
4000155824    SANTA ROSA                  95407     CA       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
4000177435    BLACK DIAMOND               98010     WA       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
4000162573    TEMECULA                    92592     CA       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
34862946      STATEN ISLAND               10303     NY    Units 2-4  Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
4000132082    GOSHEN                      45122     OH       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35123082      CHICAGO                     60623     IL    Units 2-4  Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
4000160372    ASHTABULA                   44004     OH       SFR     Owner Occupied     360     7/16/2004    9/1/2004   8/1/2034
34080416      LAS VEGAS                   89122     NV       PUD     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
35080902      CHARLOTTE                   28215     NC       PUD     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
33780701      GLOVERSVILLE                12078     NY       SFR     Owner Occupied     180     7/12/2004    9/1/2004   8/1/2019

<CAPTION>
                                                                                      ORIGINAL
                                                                                      COMBAINED
              REMAINING     ORIGINAL   SCHEDULED                       PAID THRU       LOAN TO      OTS
  LOANID        TERM        BALANCE     BALANCE      RATE      P&I        DATE          VALUE   DELINQUENCY INDEX       MARGIN
------------------------------------------------------------------------------------------------------------------------------
<S>              <C>      <C>         <C>           <C>     <C>        <C>              <C>        <C>       <C>        <C>
34867655         359      203,300.00  203,170.36     8.25   1,527.33   10/1/2004           95      0-29      6ML        6.875
34935296         358      228,200.00  228,200.00        6   1,141.00    9/1/2004        79.99      0-29      6ML        4.125
34921874         358       84,004.00   83,855.35    6.625     537.89    9/1/2004           80      0-29      6ML         4.75
34932723         358      100,000.00  100,000.00    5.875     489.58    9/1/2004           80      0-29      6ML        3.875
34760165         359      512,000.00  511,569.85    6.875   3,363.48   10/1/2004           80      0-29      6ML        5.375
35186709         359      403,750.00  403,750.00     7.25   2,439.32   10/1/2004           95      0-29      6ML          5.5
4000174750       359      167,650.00  167,512.55    6.999   1,115.27   10/1/2004        94.99      0-29      6ML        5.625
4000170434       359      200,000.00  199,800.90        6   1,199.10   10/1/2004           80      0-29      6ML        4.875
34658716         359       99,000.00   98,947.31    9.125      805.5   10/1/2004           90      0-29      FIX            0
35066224         359      124,600.00  124,600.00     7.75     804.71   10/1/2004           80      0-29      6ML        5.125
34922724         359      189,000.00  188,866.61     7.75   1,354.02   10/1/2004        80.43      0-29      6ML         6.25
4000166673       359       54,000.00   53,963.77        8     396.23   10/1/2004           90      0-29      6ML        6.875
34739201         358       99,900.00   99,739.74    7.125     673.05    9/1/2004        79.98      0-29      6ML        5.375
4000170110       359      280,000.00  280,000.00      5.5   1,283.33   10/1/2004           80      0-29      6ML        3.875
35197987         359      304,000.00  303,790.78    7.875   2,204.22   10/1/2004        76.57      0-29      6ML            6
34997296         359       94,400.00   94,400.00        5     393.33   10/1/2004           80      0-29      6ML        3.375
4000165932       358      149,250.00  149,250.00    5.625     699.61    9/1/2004        79.98      0-29      6ML        3.625
4000158535       358      135,000.00  134,840.01    8.625   1,050.02    9/1/2004           90      0-29      6ML        6.625
34972729         359      149,600.00  149,488.97      7.5   1,046.03   10/1/2004           80      0-29      6ML        5.625
35269422         359      377,100.00  377,100.00    6.375   2,003.34   10/1/2004           90      0-29      6ML          5.5
35129329         359      200,000.00  199,831.97    6.875   1,313.86   10/1/2004        76.92      0-29      6ML         5.25
34758920         359      297,900.00  297,900.00    8.625   2,141.16   10/1/2004           90      0-29      6ML        6.875
35242098         179      122,300.00  121,926.57    7.375   1,125.07   10/1/2004         89.6      0-29      FIX            0
35204171         359      292,000.00  292,000.00    6.875   1,672.92   10/1/2004        89.85      0-29      6ML        5.375
34861534         359       88,000.00   87,929.62    7.125     592.88   10/1/2004        72.73      0-29      6ML        4.875
35148626         358      200,000.00  199,550.71    5.375   1,119.95    9/1/2004           80      0-29      6ML         3.75
34953091         358      333,000.00  333,000.00     6.99   1,939.73    9/1/2004           90      0-29      6ML          5.5
4000133737       359      144,000.00  144,000.00      7.5        900   10/1/2004           80      0-29      6ML        5.375
4000162428       359      445,600.00  445,600.00    5.375   1,995.92   10/1/2004           80      0-29      6ML         3.75
4000175251       360      192,200.00  192,200.00    7.999   1,281.17   11/1/2004        99.98      0-29      6ML        6.375
4000177856       359      165,000.00  165,000.00        7      962.5   10/1/2004          100      0-29      6ML        5.625
4000155095       358      249,600.00  249,125.11     6.25   1,536.83    9/1/2004           80      0-29      FIX            0
4000165749       359      247,500.00  247,306.92     7.25   1,688.39   10/1/2004        91.67      0-29      6ML        5.875
34975243         359       68,000.00   67,959.85    8.625      528.9   10/1/2004           85      0-29      6ML          6.5
4000170992       359       89,900.00   89,900.00      7.5     561.87   10/1/2004          100      0-29      6ML         6.25
33867433         356       70,200.00   69,999.84     7.75     502.93    9/1/2004           90      0-29      6ML         6.25
34374173         359       74,400.00   74,331.38    7.875     539.46   10/1/2004           80      0-29      6ML         5.75
34922013         359      124,700.00  124,700.00     5.99     622.46   10/1/2004        79.99      0-29      6ML        3.875
35116136         359       65,000.00   64,952.95    7.625     460.07   10/1/2004          100      0-29      FIX            0
35365931         359       78,000.00   77,947.55     7.99      571.8   10/1/2004        60.94      0-29      FIX            0
35122779         359      380,000.00  380,000.00    7.625   2,414.58   10/1/2004           95      0-29      6ML        5.375
35150556         359       42,400.00   42,364.33        7     282.09   10/1/2004           80      0-29      6ML        5.125
35185826         359      247,200.00  247,200.00     6.75   1,390.50   10/1/2004           80      0-29      6ML        5.125
35262047         359      260,000.00  259,700.00      6.5   1,408.33   10/1/2004        44.07      0-29      6ML        3.625
35263037         359      212,000.00  212,000.00    6.375   1,126.25   10/1/2004           80      0-29      6ML        3.875
4000169838       359      324,400.00  324,400.00    6.999   1,892.06   10/1/2004        94.99      0-29      6ML          5.5
35156942         359       99,000.00   98,928.34    7.625     700.72   10/1/2004        92.52      0-29      6ML            6
35085083         359       81,300.00   81,300.00    7.625     516.59   10/1/2004         76.7      0-29      6ML         5.25
34832766         359      153,200.00  153,024.27     5.25     845.98   10/1/2004           80      0-29      6ML        3.875
4000162852       359      168,000.00  168,000.00      5.5        770   10/1/2004           80      0-29      6ML        4.125
4000165325       358      147,900.00  147,850.00    6.375     785.72    9/1/2004        79.99      0-29      6ML         4.25
34274589         359      375,900.00  375,900.00     6.25   1,957.81   10/1/2004        88.66      0-29      6ML         4.75
35111277         359      127,300.00  127,222.88      8.5     978.83   10/1/2004           95      0-29      6ML          6.5
35111699         359       95,250.00   95,199.31    9.125     774.99   10/1/2004           75      0-29      6ML         6.25
34020834         179      300,000.00  299,011.67      6.5   2,613.33   10/1/2004           80      0-29      FIX            0
4000168101       359       33,150.00   33,128.87     8.25     249.04   10/1/2004        94.99      0-29      6ML         7.25
35231620         359      120,150.00  120,150.00    7.625     763.45   10/1/2004           90      0-29      6ML          4.5
33380338         359      118,750.00  118,681.68     8.75     934.21   10/1/2004           95      0-29      6ML         5.25
35066406         358       70,950.00   70,863.72      8.5     545.55    9/1/2004        84.97      0-29      6ML        6.625
35342567         359      252,000.00  252,000.00     6.75   1,417.50   10/1/2004           80      0-29      6ML        4.875
34440727         358      102,400.00  102,195.61        6     613.94    9/1/2004           80      0-29      6ML        3.875
35195783         359      427,900.00  427,900.00    6.375   2,273.22   10/1/2004           80      0-29      6ML        4.125
34410563         359      118,400.00  118,392.67      5.5     542.67   10/1/2004           80      0-29      6ML        3.375
35364603         359      111,900.00  111,900.00     6.25     582.81   10/1/2004        79.99      0-29      6ML        4.125
35244045         359       76,000.00   75,940.71     7.25     518.46   10/1/2004        79.17      0-29      6ML         5.25
4000159346       359       57,600.00   57,600.00    5.875        282   10/1/2004           80      0-29      6ML        3.875
35010503         359      223,160.00  223,160.00    6.125   1,139.05   10/1/2004           80      0-29      6ML        4.375
34589382         357      255,000.00  255,000.00    7.875   1,673.44    9/1/2004           85      0-29      6ML        5.875
35206887         359      668,000.00  667,318.94    5.875   3,951.48   10/1/2004           80      0-29      6ML        3.625
35304146         359      220,000.00  220,000.00    7.625   1,397.92   10/1/2004        74.58      0-29      6ML         5.25
4000176573       359      540,000.00  539,462.43        6   3,237.57   10/1/2004        77.14      0-29      6ML         4.25
34999391         359      230,000.00  230,000.00    6.375   1,221.88   10/1/2004           80      0-29      6ML        4.875
34653691         359      180,000.00  179,872.95     7.75   1,289.55   10/1/2004           90      0-29      6ML        6.625
34619023         359      240,000.00  239,834.83    7.875   1,740.17   10/1/2004          100      0-29      6ML            5
4000173479       359       99,600.00   99,520.36    7.125     671.02   10/1/2004        94.86      0-29      6ML          5.5
34937276         359      175,450.00  175,450.00     5.75      840.7   10/1/2004        79.98      0-29      6ML        3.875
35148725         359      128,000.00  127,889.79     6.75     830.21   10/1/2004           80      0-29      6ML        4.875
34901181         359      140,800.00  140,675.77    6.625     901.56   10/1/2004           80      0-29      6ML         4.75
35032432         359      124,000.00  124,000.00    7.125     736.25   10/1/2004           80      0-29      6ML        4.375
34737981         358      102,800.00  102,613.62      6.5     649.77    9/1/2004           80      0-29      6ML         4.75
34555953         359       68,000.00   67,948.26    7.375     469.66   10/1/2004           80      0-29      6ML          5.5
35284942         359       62,000.00   61,953.98      7.5     433.52   10/1/2004          100      0-29      6ML        5.625
35365113         359       86,400.00   86,400.00    6.625        477   10/1/2004           80      0-29      6ML         4.25
34381780         358      286,400.00  285,800.51     5.75   1,671.36    9/1/2004           80      0-29      6ML         4.25
35150713         359      294,100.00  294,100.00     7.25   1,776.85   10/1/2004           85      0-29      6ML        5.625
34992230         359      158,650.00  158,650.00     7.25     958.51   10/1/2004           95      0-29      6ML        5.625
34759753         359      352,000.00  352,000.00     5.75   1,686.67   10/1/2004           80      0-29      6ML         4.25
34994657         359      117,000.00  117,000.00    7.625     743.44   10/1/2004         88.3      0-29      FIX            0
35246586         359      325,900.00  325,900.00     7.25   1,968.98   10/1/2004        99.99      0-29      6ML        5.625
34960294         359      880,000.00  880,000.00    6.375   4,675.00   10/1/2004        71.84      0-29      6ML         3.75
34857227         359      160,350.00  160,218.55        7   1,066.82   10/1/2004        94.88      0-29      6ML          5.5
34981035         359       80,750.00   80,698.51     8.25     606.65   10/1/2004           95      0-29      FIX            0
4000165161       359      117,300.00  117,208.50     7.25     800.19   10/1/2004           85      0-29      6ML        5.625
35106939         359       74,150.00   74,044.33        8     544.09   10/1/2004        68.66      0-29      FIX            0
4000162299       359      315,000.00  315,000.00    6.375   1,673.44   10/1/2004           90      0-29      6ML        5.125
4000155824       359      360,000.00  360,000.00    5.625   1,687.50   10/1/2004           80      0-29      6ML        3.875
4000177435       359      168,000.00  168,000.00     5.75        805   10/1/2004           80      0-29      6ML         3.75
4000162573       359      206,000.00  205,794.89    5.999   1,234.94   10/1/2004        63.38      0-29      6ML          3.5
34862946         359      410,000.00  410,000.00    7.875   2,690.63   10/1/2004          100      0-29      6ML          6.5
4000132082       359      118,200.00  118,124.94    8.375     898.41   10/1/2004         98.5      0-29      FIX            0
35123082         359      251,750.00  251,563.16      7.5   1,760.28   10/1/2004           95      0-29      6ML        5.375
4000160372       358       92,150.00   92,016.19    7.625     652.23    9/1/2004           95      0-29      FIX            0
34080416         359      198,650.00  198,442.59     5.75   1,159.27   10/1/2004           80      0-29      6ML        4.375
35080902         359      100,800.00  100,800.00    6.625      556.5   10/1/2004           80      0-29      6ML        4.625
33780701         178       91,800.00   91,307.46    8.875     924.29   10/1/2004           85      0-29      FIX            0

<CAPTION>
             INITIAL  PERIODIC                           PREPAYMENT
  LOANID       CAP      CAP       FLOOR    CEILING          TERM                                PREPAYMENT PENALTY
--------------------------------------------------------------------------------------------------------------------------
<S>             <C>      <C>      <C>       <C>              <C>                        <C>
34867655        3        1         8.25      14.25            0                                                       None
34935296        3        1            6         12           24                              6 mo.s interest less 20% obal
34921874        3        1        6.625     12.625            0                                                       None
34932723        3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
34760165        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
35186709        3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
4000174750      3        1        6.999     12.999           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000170434      3        1            6         12           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34658716        0        0            0          0           36                              6 mo.s interest less 20% obal
35066224        3        1         7.75      13.75            0                                                       None
34922724        3        1         7.75      13.75           24                              6 mo.s interest less 20% obal
4000166673      3        1            8         14           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34739201        3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
4000170110      3        1          5.5       11.5           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35197987        3        1        7.875     13.875           24                              6 mo.s interest less 20% obal
34997296        3        1            5         11           24                              6 mo.s interest less 20% obal
4000165932      3        1        5.625     11.625           24                              6 mo.s interest less 20% obal
4000158535      3        1        8.625     14.625           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34972729        3        1          7.5       13.5           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35269422        3        1        6.375     12.375           36                              6 mo.s interest less 20% obal
35129329        3        1        6.875     12.875           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34758920        3        1        8.625     14.625           36                              6 mo.s interest less 20% obal
35242098        0        0            0          0           36                              6 mo.s interest less 20% obal
35204171        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
34861534        3        1        7.125     13.125           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35148626        3        1        5.375     11.375           36                              6 mo.s interest less 20% obal
34953091        3        1         6.99      12.99           24                              6 mo.s interest less 20% obal
4000133737      3        1          7.5       13.5            0                                                       None
4000162428      3        1        5.375     11.375           24                              6 mo.s interest less 20% obal
4000175251      3        1        7.999     13.999           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000177856      3        1            7         13           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000155095      0        0            0          0           36                              6 mo.s interest less 20% obal
4000165749      3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
34975243        3        1        8.625     14.625           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000170992      3        1          7.5       13.5           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
33867433        3        1         7.75      13.75           24                                                 2% prepaid
34374173        3        1        7.875     13.875           24                              6 mo.s interest less 20% obal
34922013        3        1         5.99      11.99           24                              6 mo.s interest less 20% obal
35116136        0        0            0          0           36                              6 mo.s interest less 20% obal
35365931        0        0            0          0           36                              6 mo.s interest less 20% obal
35122779        3        1        7.625     13.625            0                                                       None
35150556        3        1            7         13           24                              6 mo.s interest less 20% obal
35185826        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
35262047        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
35263037        3        1        6.375     12.375           36                              6 mo.s interest less 20% obal
4000169838      3        1        6.999     12.999           24                              6 mo.s interest less 20% obal
35156942        3        1        7.625     13.625            0                                                       None
35085083        3        1        7.625     13.625           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34832766        3        1         5.25      11.25           36                              6 mo.s interest less 20% obal
4000162852      1        1          5.5       11.5           24                              6 mo.s interest less 20% obal
4000165325      3        1        6.375     12.375           36                              6 mo.s interest less 20% obal
34274589        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
35111277        3        1          8.5       14.5           24                              6 mo.s interest less 20% obal
35111699        3        1        9.125     15.125            0                                                       None
34020834        0        0            0          0            0                                                       None
4000168101      3        1         8.25      14.25           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35231620        3        1        7.625     13.625            0                                                       None
33380338        3        1         8.75      14.75           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35066406        3        1          8.5       14.5            0                                                       None
35342567        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
34440727        3        1            6         12            0                                                       None
35195783        3        1        6.375     12.375           36                              6 mo.s interest less 20% obal
34410563        3        1          5.5       11.5           36                              6 mo.s interest less 20% obal
35364603        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
35244045        3        1         7.25      13.25            0                                                       None
4000159346      3        1        5.875     11.875           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35010503        3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
34589382        3        1        7.875     13.875           24                              6 mo.s interest less 20% obal
35206887        3        1        5.875     11.875           36                              6 mo.s interest less 20% obal
35304146        3        1        7.625     13.625           24                              6 mo.s interest less 20% obal
4000176573      3        1            6         12            0                                                       None
34999391        3        1        6.375     12.375           36                         min (2% prepaid, 60 days interest)
34653691        3        1         7.75      13.75           24                                                 2% prepaid
34619023        3        1        7.875     13.875           12                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000173479      3        1        7.125     13.125           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34937276        3        1         5.75      11.75           36                              6 mo.s interest less 20% obal
35148725        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
34901181        3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
35032432        3        1        7.125     13.125           36                              6 mo.s interest less 20% obal
34737981        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
34555953        3        1        7.375     13.375            0                                                       None
35284942        3        1          7.5       13.5            0                                                       None
35365113        3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
34381780        3        1         5.75      11.75           24                              6 mo.s interest less 20% obal
35150713        3        1         7.25      13.25            0                                                       None
34992230        3        1         7.25      13.25           36                         min (2% prepaid, 60 days interest)
34759753        3        1         5.75      11.75           36                              6 mo.s interest less 20% obal
34994657        0        0            0          0           36                         min (2% prepaid, 60 days interest)
35246586        3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
34960294        3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
34857227        3        1            7         13           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34981035        0        0            0          0           36                                                 1% prepaid
4000165161      3        1         7.25      13.25           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35106939        0        0            0          0           36                              6 mo.s interest less 20% obal
4000162299      3        1        6.375     12.375           36                              6 mo.s interest less 20% obal
4000155824      3        1        5.625     11.625           24                              6 mo.s interest less 20% obal
4000177435      3        1         5.75      11.75           36                              6 mo.s interest less 20% obal
4000162573      3        1        5.999     11.999           24                              6 mo.s interest less 20% obal
34862946        3        1        7.875     13.875            0                                                       None
4000132082      0        0            0          0           36                                                 1% prepaid
35123082        3        1          7.5       13.5            0                                                       None
4000160372      0        0            0          0           36                                                 1% prepaid
34080416        3        1         5.75      11.75           24                              6 mo.s interest less 20% obal
35080902        3        1        6.625     12.625            0                                                       None
33780701        0        0            0          0           12                              6 mo.s interest less 20% obal

<CAPTION>
                                              PAYMENT
              FIRST RATE      RATE RESET       RESET                                  MI
  LOANID      RESET DATE       FREQUENCY     FREQUENCY  PURPOSE   DIV  IO    IOTERM  FLAG
-----------------------------------------------------------------------------------------
<S>           <C>                  <C>            <C>  <C>         <C>  <C>    <C>    <C>
34867655        9/1/2006           6              6    C/O Refi    N    N       0     N
34935296        8/1/2006           6              6    Purchase    N    Y      60     N
34921874        8/1/2007           6              6    Purchase    N    N       0     N
34932723        8/1/2006           6              6    Purchase    N    Y      60     N
34760165        9/1/2006           6              6    Purchase    N    N       0     N
35186709        9/1/2006           6              6    Purchase    N    Y      60     N
4000174750      9/1/2006           6              6    R/T Refi    N    N       0     N
4000170434      9/1/2006           6              6    Purchase    N    N       0     N
34658716      00/00/0000           0              0    C/O Refi    N    N       0     Y
35066224        9/1/2009           6              6    Purchase    N    Y      60     N
34922724        9/1/2006           6              6    C/O Refi    N    N       0     N
4000166673      9/1/2006           6              6    Purchase    N    N       0     Y
34739201        8/1/2006           6              6    Purchase    N    N       0     N
4000170110      9/1/2006           6              6    C/O Refi    N    Y      60     N
35197987        9/1/2006           6              6    C/O Refi    N    N       0     N
34997296        9/1/2006           6              6    Purchase    N    Y      60     N
4000165932      8/1/2006           6              6    Purchase    N    Y      60     N
4000158535      8/1/2006           6              6    C/O Refi    N    N       0     Y
34972729        9/1/2006           6              6    Purchase    N    N       0     N
35269422        9/1/2007           6              6    Purchase    N    Y      60     N
35129329        9/1/2006           6              6    C/O Refi    N    N       0     N
34758920        9/1/2007           6              6    Purchase    N    Y      60     N
35242098      00/00/0000           0              0    R/T Refi    N    N       0     Y
35204171        9/1/2006           6              6    C/O Refi    N    Y      60     N
34861534        9/1/2006           6              6    C/O Refi    N    N       0     N
35148626        8/1/2007           6              6    Purchase    N    N       0     N
34953091        8/1/2006           6              6    Purchase    N    Y      60     N
4000133737      9/1/2006           6              6    Purchase    N    Y      60     N
4000162428      9/1/2009           6              6    Purchase    N    Y      60     N
4000175251     10/1/2006           6              6    Purchase    N    Y      60     N
4000177856      9/1/2006           6              6    Purchase    N    Y      60     N
4000155095    00/00/0000           0              0    Purchase    N    N       0     N
4000165749      9/1/2006           6              6    R/T Refi    N    N       0     N
34975243        9/1/2006           6              6    C/O Refi    N    N       0     Y
4000170992      9/1/2006           6              6    Purchase    N    Y      60     N
33867433        6/1/2006           6              6    C/O Refi    N    N       0     Y
34374173        9/1/2006           6              6    Purchase    N    N       0     N
34922013        9/1/2006           6              6    Purchase    N    Y      60     N
35116136      00/00/0000           0              0    Purchase    N    N       0     Y
35365931      00/00/0000           0              0    C/O Refi    N    N       0     N
35122779        9/1/2006           6              6    Purchase    N    Y      60     N
35150556        9/1/2006           6              6    Purchase    N    N       0     N
35185826        9/1/2006           6              6    Purchase    N    Y      60     N
35262047        9/1/2009           6              6    C/O Refi    N    Y      60     N
35263037        9/1/2009           6              6    Purchase    N    Y      60     N
4000169838      9/1/2006           6              6    Purchase    N    Y      60     Y
35156942        9/1/2006           6              6    R/T Refi    N    N       0     Y
35085083        9/1/2007           6              6    C/O Refi    N    Y      60     N
34832766        9/1/2007           6              6    Purchase    N    N       0     N
4000162852      3/1/2005           6              6    Purchase    N    Y      60     N
4000165325      8/1/2007           6              6    Purchase    N    Y      60     N
34274589        9/1/2007           6              6    R/T Refi    N    Y      60     Y
35111277        9/1/2006           6              6    Purchase    N    N       0     N
35111699        9/1/2006           6              6    C/O Refi    N    N       0     N
34020834      00/00/0000           0              0    C/O Refi    N    N       0     N
4000168101      9/1/2006           6              6    Purchase    N    N       0     Y
35231620        9/1/2006           6              6    Purchase    N    Y      60     Y
33380338        9/1/2006           6              6    Purchase    N    N       0     Y
35066406        8/1/2006           6              6    Purchase    N    N       0     Y
35342567        9/1/2006           6              6    Purchase    N    Y      60     N
34440727        8/1/2006           6              6    C/O Refi    N    N       0     N
35195783        9/1/2009           6              6    Purchase    N    Y      60     N
34410563        9/1/2007           6              6    Purchase    N    Y      60     N
35364603        9/1/2006           6              6    Purchase    N    Y      60     N
35244045        9/1/2007           6              6    C/O Refi    N    N       0     N
4000159346      9/1/2006           6              6    Purchase    N    Y      60     N
35010503        9/1/2006           6              6    Purchase    N    Y      60     N
34589382        7/1/2006           6              6    C/O Refi    N    Y      60     N
35206887        9/1/2007           6              6    Purchase    N    N       0     N
35304146        9/1/2006           6              6    C/O Refi    N    Y      60     N
4000176573      9/1/2007           6              6    R/T Refi    N    N       0     N
34999391        9/1/2006           6              6    Purchase    N    Y      60     N
34653691        9/1/2006           6              6    R/T Refi    N    N       0     N
34619023        9/1/2006           6              6    Purchase    N    N       0     N
4000173479      9/1/2007           6              6    C/O Refi    N    N       0     Y
34937276        9/1/2007           6              6    Purchase    N    Y      60     N
35148725        9/1/2006           6              6    Purchase    N    N       0     N
34901181        9/1/2006           6              6    Purchase    N    N       0     N
35032432        9/1/2009           6              6    C/O Refi    N    Y      60     N
34737981        8/1/2006           6              6    Purchase    N    N       0     N
34555953        9/1/2006           6              6    C/O Refi    N    N       0     N
35284942        9/1/2006           6              6    C/O Refi    N    N       0     N
35365113        9/1/2006           6              6    Purchase    N    Y      60     N
34381780        8/1/2006           6              6    Purchase    N    N       0     N
35150713        9/1/2007           6              6    R/T Refi    N    Y      60     N
34992230        9/1/2007           6              6    Purchase    N    Y      60     N
34759753        9/1/2006           6              6    Purchase    N    Y      60     N
34994657      00/00/0000           0              0    R/T Refi    N    Y      60     Y
35246586        9/1/2006           6              6    Purchase    N    Y      60     N
34960294        9/1/2006           6              6    Purchase    N    Y      60     N
34857227        9/1/2006           6              6    C/O Refi    N    N       0     N
34981035      00/00/0000           0              0    C/O Refi    N    N       0     N
4000165161      9/1/2006           6              6    C/O Refi    N    N       0     Y
35106939      00/00/0000           0              0    R/T Refi    N    N       0     N
4000162299      9/1/2007           6              6    C/O Refi    N    Y      60     Y
4000155824      9/1/2006           6              6    R/T Refi    N    Y      60     N
4000177435      9/1/2007           6              6    Purchase    N    Y      60     N
4000162573      9/1/2009           6              6    C/O Refi    N    N       0     N
34862946        9/1/2007           6              6    Purchase    N    Y      60     N
4000132082    00/00/0000           0              0    R/T Refi    N    N       0     N
35123082        9/1/2007           6              6    C/O Refi    N    N       0     N
4000160372    00/00/0000           0              0    R/T Refi    N    N       0     Y
34080416        9/1/2006           6              6    Purchase    N    N       0     N
35080902        9/1/2007           6              6    Purchase    N    Y      60     N
33780701      00/00/0000           0              0    C/O Refi    N    N       0     Y
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
                                                          PROPERTY                    ORIGINAL ORIGINATION  FIRST PAY   MATURITY
  LOANID              CITY                 ZIP    STATE     TYPE       OCCUPANCY        TERM      DATE        DATE        DATE
--------------------------------------------------------------------------------------------------------------------------------
<S>           <C>                         <C>       <C>   <C>        <C>                <C>     <C>         <C>         <C>
35114578      TEMPLE                      76502     TX       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35205830      RIVERSIDE                   92506     CA       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
35012707      FIRESTONE                   80504     CO       PUD     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35205483      LA JOLLA                    92037     CA       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
33593609      HOUSTON                     77014     TX       PUD     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35248376      HOUSTON                     77040     TX       PUD     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34655381      CUDAHY                      53110     WI       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
34650549      DES MOINES                  50315     IA       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
35110196      BURLESON                    76028     TX       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
33732017      LADERA RANCH AREA           92694     CA       PUD     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35223296      ALTAMONTE SPRINGS           32714     FL       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
33568312      ESTACADA                    97023     OR       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
4000158296    STATEN ISLAND               10314     NY       PUD     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
34792648      VISTA                       92083     CA       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
34977231      LOUISVILLE                  40258     KY       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35075738      RALEIGH                     27615     NC       PUD     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
35126234      CHICAGO                     60620     IL       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34293738      MORENO VALLEY               92557     CA       PUD     Owner Occupied     360     7/21/2004    9/1/2004   8/1/2034
35152735      NEWNAN                      30265     GA       PUD     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
4000156659    SAN JOSE                    95119     CA       SFR     Owner Occupied     360     7/26/2004   10/1/2004   9/1/2034
35153014      NASHVILLE                   37203     TN       SFR     Owner Occupied     180     8/13/2004   10/1/2004   9/1/2019
35235803      ORLANDO                     32822     FL      Condo    Investor           360     8/30/2004   10/1/2004   9/1/2034
34984773      MAPLE GROVE                 55311     MN      Condo    Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34644781      HELENVILLE                  53137     WI       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
34721712      RIVERSIDE                   92501     CA       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
34976498      HAMILTON                    45011     OH       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
4000160888    LOS ANGELES                 90042     CA    Units 2-4  Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
34717215      YUCCA VALLEY                92284     CA       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
4000165308    SEBASTOPOL                  95472     CA       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
4000172587    WARREN                      44484     OH       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34969733      LEXINGTON                   40505     KY       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35160688      WHITEVILLE                  38075     TN       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34989053      MAPLEWOOD                   55117     MN       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
4000171442    BILLINGS                    59102     MT       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
4000159000    MEDINA                      44256     OH       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
32979536      SPRINGDALE                  72764     AR       SFR     Owner Occupied     360     7/13/2004    9/1/2004   8/1/2034
34993568      ROCHESTER                   55901     MN       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
34932087      ALOHA                       97007     OR       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35145044      CLARKSVILLE                 37040     TN       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34900548      WINTER SPRINGS              32708     FL       PUD     Owner Occupied     360      8/3/2004    9/1/2004   8/1/2034
34961656      MORENO VALLEY               92553     CA       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
4000166352    MIAMI                       33165     FL       SFR     Owner Occupied     360      8/3/2004    9/1/2004   8/1/2034
4000166850    MIAMI                       33193     FL      Condo    Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
34736199      TOOELE                      84074     UT       SFR     Owner Occupied     360     7/22/2004    9/1/2004   8/1/2034
34855783      CALEDONIA                   61011     IL       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34897504      OVIEDO                      32765     FL       PUD     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
35022888      COMPTON                     90220     CA       SFR     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
35103803      ARLINGTON                   76002     TX       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
4000159036    LOMPOC                      93436     CA       PUD     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
34658013      KENOSHA                     53144     WI       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
35192319      SANTA ANA                   92701     CA       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35227958      PALM COAST                  32137     FL       PUD     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
4000173628    HAVERHILL                    1830     MA    Units 2-4  Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35030105      LA PUENTE                   91744     CA       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35016831      WESTMINSTER                 80031     CO      Condo    Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
35035625      BALDWIN PARK                91706     CA       PUD     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
4000174574    DOWNEY                      90242     CA    Units 2-4  Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
33724444      LAKE ELSINORE AREA          92530     CA       PUD     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
34301663      MORENO VALLEY               92553     CA       SFR     Owner Occupied     360     7/26/2004    9/1/2004   8/1/2034
34616342      CHICAGO                     60647     IL       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
4000146599    LOS BANOS                   93635     CA       SFR     Owner Occupied     360     7/27/2004   10/1/2004   9/1/2034
35011626      YPSILANTI                   48198     MI       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
34801605      LAKESIDE                    92040     CA       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
33593500      HOUSTON                     77004     TX       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
34003947      HOUSTON                     77093     TX       SFR     Owner Occupied     180     7/21/2004    9/1/2004   8/1/2019
4000173425    OCEANO                      93445     CA       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
4000154772    YPSILANTI                   48198     MI       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
4000165372    MONROE                      98272     WA       PUD     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
34238287      QUEEN CREEK                 85242     AZ       PUD     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
34861971      LAKEMOOR                    60051     IL       SFR     Owner Occupied     360      8/7/2004   10/1/2004   9/1/2034
35105071      AUSTIN                      78759     TX       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
34982421      BRAINERD                    56401     MN       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
35323443      BUXTON                      97109     OR       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35207380      ALPINE                      91901     CA       PUD     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
4000150512    OSSINING                    10562     NY       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000166590    MIAMI                       33186     FL       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
34898767      ORLANDO                     32825     FL       PUD     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35106863      ARLINGTON                   76010     TX       SFR     Owner Occupied     180     7/27/2004    9/1/2004   8/1/2019
4000171639    VACAVILLE                   95688     CA       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
35015759      WESTMINSTER                 80031     CO       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000174401    HOLLAND                     49423     MI       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34653337      CHARLES CITY                50616     IA       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
34916528      COLUMBUS                    31903     GA       SFR     Owner Occupied     360     7/27/2004   10/1/2004   9/1/2034
33016437      NEW CASTLE                  47362     IN       SFR     Owner Occupied     360     7/23/2004    9/1/2004   8/1/2034
34378711      YORK                        17402     PA       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
35072727      CONCORD                     28025     NC       PUD     Owner Occupied     360      8/2/2004    9/1/2004   8/1/2034
35148519      FORSYTH                     31029     GA       PUD     Owner Occupied     360      8/5/2004    9/1/2004   8/1/2034
4000167934    VACAVILLE                   95687     CA       SFR     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
34901314      BRADENTON                   34207     FL      Condo    Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
34559922      FORT WORTH                  76137     TX       PUD     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
4000179177    LOS BANOS                   93635     CA       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000178393    ELK GROVE                   95758     CA       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
4000165972    NORTH LAS VEGAS             89032     NV       SFR     Owner Occupied     360      8/3/2004    9/1/2004   8/1/2034
34856757      HARVEY                      60426     IL       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
34988592      SAINT FRANCIS               55070     MN       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
35145358      SELMER                      38375     TN       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34860452      CHICAGO                     60643     IL       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
35147727      DECATUR                     30034     GA       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
4000166927    SAGINAW                     48601     MI       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
4000167805    BAKERSFIELD                 93311     CA       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
34927707      HILLSBORO                   97123     OR       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
35112382      DALLAS                      75241     TX       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
35153105      RIVERDALE                   30274     GA       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35263623      RUNNING SPRINGS             92382     CA       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
35264746      VICTORVILLE                 92392     CA       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034

<CAPTION>
                                                                                      ORIGINAL
                                                                                      COMBAINED
              REMAINING     ORIGINAL   SCHEDULED                       PAID THRU       LOAN TO      OTS
  LOANID        TERM        BALANCE     BALANCE      RATE      P&I        DATE          VALUE   DELINQUENCY INDEX       MARGIN
------------------------------------------------------------------------------------------------------------------------------
<S>              <C>      <C>         <C>           <C>     <C>        <C>              <C>        <C>       <C>        <C>
35114578         359      100,100.00  100,009.50      6.5     632.71   10/1/2004        94.97      0-29      FIX            0
35205830         359      332,500.00  332,500.00     7.99   2,213.90   10/1/2004        89.86      0-29      6ML          6.5
35012707         359      225,650.00  225,650.00    5.875   1,104.74   10/1/2004        79.99      0-29      6ML            4
35205483         359      975,000.00  975,000.00      6.5   5,281.25   10/1/2004           65      0-29      6ML            3
33593609         359       84,000.00   83,925.88    6.625     537.87   10/1/2004           80      0-29      6ML         4.75
35248376         359       93,600.00   92,942.53     5.75      448.5   10/1/2004           80      0-29      6ML        3.375
34655381         359      135,850.00  135,754.11     7.75     973.25   10/1/2004           95      0-29      6ML        6.125
34650549         359       82,440.00   82,390.05      8.5      633.9   10/1/2004           90      0-29      FIX            0
35110196         359       82,000.00   81,955.20        9      659.8   10/1/2004           80      0-29      FIX            0
33732017         359      463,400.00  463,400.00      5.5   2,123.92   10/1/2004           80      0-29      6ML        3.625
35223296         359      177,600.00  177,600.00    5.875      869.5   10/1/2004           80      0-29      6ML         4.25
33568312         359      192,000.00  191,813.38    6.125   1,166.62   10/1/2004           80      0-29      6ML        4.375
4000158296       359      300,000.00  300,000.00     5.25   1,312.50   10/1/2004           80      0-29      6ML         3.75
34792648         359      344,800.00  344,800.00      5.5   1,580.33   10/1/2004           80      0-29      6ML        3.625
34977231         359       74,200.00   74,200.00     7.99     494.05   10/1/2004          100      0-29      6ML         5.75
35075738         359      523,250.00  523,250.00      6.5   2,834.27   10/1/2004           85      0-29      6ML          5.5
35126234         359      119,850.00  119,771.59    8.125     889.89   10/1/2004           85      0-29      FIX            0
34293738         358      249,600.00  249,228.36      7.5   1,745.24    9/1/2004           80      0-29      FIX            0
35152735         359      206,500.00  206,500.00    7.625   1,312.14   10/1/2004        67.37      0-29      6ML        5.625
4000156659       359      380,000.00  380,000.00    5.375   1,702.08   10/1/2004           80      0-29      6ML        3.375
35153014         179       68,500.00   68,312.76    8.625     679.58   10/1/2004        87.82      0-29      FIX            0
35235803         359       73,350.00   73,350.00      7.5     458.44   10/1/2004           90      0-29      6ML        4.875
34984773         359      119,900.00  119,900.00     7.25      724.4   10/1/2004        79.99      0-29      6ML        4.375
34644781         359      172,000.00  171,851.91     6.75   1,115.59   10/1/2004           80      0-29      6ML            5
34721712         359      350,400.00  350,400.00     6.25   1,825.00   10/1/2004           80      0-29      6ML         3.75
34976498         359      146,250.00  146,250.00    7.375     898.83   10/1/2004           90      0-29      6ML          5.5
4000160888       359      340,000.00  340,000.00    5.125   1,452.08   10/1/2004           80      0-29      6ML        3.375
34717215         359       92,000.00   91,916.82      6.5     581.51   10/1/2004           80      0-29      6ML        3.875
4000165308       359      708,000.00  708,000.00    5.999   3,539.41   10/1/2004           80      0-29      6ML        3.375
4000172587       359      138,000.00  137,912.00     8.25   1,036.75   10/1/2004          100      0-29      FIX            0
34969733         359       68,800.00   68,747.64    7.375     475.19   10/1/2004           80      0-29      6ML         5.75
35160688         359       66,500.00   66,460.73    8.625     517.24   10/1/2004           95      0-29      FIX            0
34989053         359      185,250.00  185,090.50     6.75   1,201.53   10/1/2004           95      0-29      6ML          5.5
4000171442       359      150,000.00  150,000.00     5.75     718.75   11/1/2004           80      0-29      6ML        3.375
4000159000       359      191,900.00  191,674.70    5.125   1,044.87   10/1/2004        79.99      0-29      6ML        3.375
32979536         358      121,000.00  120,796.10    6.875     794.89    9/1/2004        88.32      0-29      6ML        5.625
34993568         359      198,000.00  198,000.00     7.75   1,278.75   10/1/2004           90      0-29      6ML         6.25
34932087         359      138,300.00  138,300.00        7     806.75   10/1/2004        79.99      0-29      6ML          4.5
35145044         359       76,000.00   75,934.56     6.75     492.94   10/1/2004           80      0-29      FIX            0
34900548         358       98,000.00   98,000.00      6.5     530.83    9/1/2004           80      0-29      6ML        4.375
34961656         359      188,800.00  188,800.00     5.75     904.67   10/1/2004           80      0-29      6ML        3.875
4000166352       358      312,000.00  312,000.00    5.999   1,559.74    9/1/2004           80      0-29      6ML        4.125
4000166850       359      100,000.00  100,000.00    6.875     572.92   10/1/2004           80      0-29      6ML            4
34736199         358       85,600.00   85,600.00     7.25     517.17    9/1/2004           80      0-29      6ML         5.25
34855783         359      150,100.00  149,996.70    7.875   1,088.33   10/1/2004           95      0-29      6ML        5.125
34897504         359      120,000.00  119,896.68     6.75     778.32   10/1/2004           80      0-29      6ML        4.875
35022888         359      191,200.00  191,027.15      6.5   1,208.52   10/1/2004           80      0-29      6ML        4.125
35103803         359      124,000.00  123,918.88    8.125      920.7   10/1/2004          100      0-29      6ML            5
4000159036       359      260,000.00  260,000.00    5.875   1,272.92   10/1/2004           80      0-29      6ML            4
34658013         359      116,450.00  116,384.71    8.875     926.53   10/1/2004           85      0-29      6ML            7
35192319         359      254,000.00  253,764.75    6.375   1,584.63   10/1/2004        65.13      0-29      6ML        4.125
35227958         359      109,500.00  109,500.00    6.875     627.34   10/1/2004        79.99      0-29      6ML         4.75
4000173628       359      289,700.00  289,505.58    7.999   2,125.51   10/1/2004        94.98      0-29      FIX            0
35030105         359      211,000.00  210,827.04        7   1,403.79   10/1/2004        66.98      0-29      FIX            0
35016831         359      122,960.00  122,960.00    6.625     678.84   10/1/2004           80      0-29      6ML        3.625
35035625         359      216,750.00  216,593.12    7.625   1,534.15   10/1/2004           85      0-29      6ML            6
4000174574       359      370,000.00  370,000.00      6.5   2,004.17   10/1/2004        67.03      0-29      6ML        4.875
33724444         359      248,300.00  248,075.53      6.5   1,569.43   10/1/2004        79.99      0-29      FIX            0
34301663         358      105,000.00  104,843.65      7.5     734.18    9/1/2004        49.41      0-29      6ML         5.25
34616342         359      158,350.00  158,223.36    7.125   1,066.84   10/1/2004        85.59      0-29      FIX            0
4000146599       359      217,600.00  217,600.00    5.999   1,087.82   10/1/2004           80      0-29      6ML        4.125
35011626         359       70,400.00   70,400.00    6.875     403.33   10/1/2004           80      0-29      6ML        4.875
34801605         359      394,000.00  394,000.00     8.25   2,708.75   10/1/2004         78.8      0-29      6ML        5.625
33593500         359      200,000.00  199,827.80     6.75   1,297.20   10/1/2004        78.43      0-29      6ML        4.625
34003947         178       50,000.00   49,734.73        9     507.14   10/1/2004        76.92      0-29      FIX            0
4000173425       359      252,000.00  252,000.00    6.375   1,338.75   10/1/2004           80      0-29      6ML          4.5
4000154772       359      117,750.00  117,638.27     6.25     725.01   10/1/2004        79.99      0-29      6ML        3.875
4000165372       359      201,360.00  201,360.00      6.5   1,090.70   10/1/2004           80      0-29      6ML         4.75
34238287         359      249,250.00  249,250.00      6.5   1,350.10   10/1/2004        94.99      0-29      6ML        4.875
34861971         359      207,000.00  206,853.90     7.75   1,482.98   10/1/2004           90      0-29      6ML         5.75
35105071         359      303,000.00  302,830.13    8.875   2,410.81   10/1/2004          100      0-29      6ML        5.375
34982421         359      124,200.00  124,122.80    8.375     944.01   10/1/2004           90      0-29      6ML        6.375
35323443         359      180,000.00  180,000.00     6.75   1,012.50   10/1/2004           80      0-29      6ML        4.625
35207380         359      520,800.00  520,800.00     5.99   2,599.66   10/1/2004           80      0-29      6ML        4.125
4000150512       359      620,000.00  619,504.20    7.125   4,177.05   10/1/2004           80      0-29      6ML         5.25
4000166590       359      222,750.00  222,750.00     7.25   1,345.78   10/1/2004           90      0-29      6ML            6
34898767         359      168,450.00  168,450.00    7.875   1,105.45   10/1/2004        89.13      0-29      FIX            0
35106863         178       66,000.00   65,641.92     8.75     659.64   10/1/2004           80      0-29      FIX            0
4000171639       359      284,750.00  284,750.00    6.875   1,631.38   10/1/2004           85      0-29      6ML        5.125
35015759         359      195,000.00  194,855.28      7.5   1,363.47   10/1/2004          100      0-29      6ML         5.75
4000174401       359      121,000.00  120,920.85    8.125     898.42   10/1/2004          100      0-29      6ML          5.5
34653337         359       25,400.00   25,385.00    8.625     197.56   10/1/2004        79.87      0-29      FIX            0
34916528         359       58,500.00   58,500.00     9.25     450.94   10/1/2004           90      0-29      6ML            7
33016437         358       56,000.00   55,910.15    7.125     377.29    9/1/2004           80      0-29      FIX            0
34378711         359      200,750.00  200,611.84    7.875   1,455.58   10/1/2004        79.99      0-29      6ML         5.75
35072727         358      103,200.00  103,008.31    6.375     643.84    9/1/2004        79.98      0-29      6ML         4.75
35148519         358      325,600.00  324,968.19      6.5   2,058.02    9/1/2004           80      0-29      6ML            5
4000167934       359      586,500.00  586,500.00    6.125   2,993.59   10/1/2004           85      0-29      6ML            4
34901314         359       50,150.00   50,115.48    7.875     363.63   10/1/2004           85      0-29      6ML        5.625
34559922         359       89,750.00   89,750.00    6.375      476.8   10/1/2004        79.97      0-29      6ML        3.625
4000179177       359      217,900.00  217,900.00     6.25   1,134.90   10/1/2004        79.99      0-29      6ML        4.375
4000178393       359      264,250.00  264,038.68    7.125   1,780.30   10/1/2004         87.5      0-29      6ML        5.625
4000165972       358      206,400.00  206,213.41      6.5   1,304.59    9/1/2004           80      0-29      6ML         4.75
34856757         359      104,000.00  103,914.58     6.99     691.22   10/1/2004           80      0-29      6ML         4.75
34988592         359      107,500.00  107,500.00    7.875     705.47   10/1/2004        68.04      0-29      6ML        5.375
35145358         359       36,000.00   35,974.59     7.75     257.91   10/1/2004           80      0-29      6ML        5.625
34860452         359       80,000.00   79,925.90    6.375      499.1   10/1/2004           80      0-29      6ML        4.125
35147727         359       69,200.00   69,200.00        7     403.67   10/1/2004           80      0-29      6ML        4.875
4000166927       359       36,000.00   35,980.84    9.125     292.91   10/1/2004           90      0-29      6ML        7.375
4000167805       359      166,500.00  166,500.00    7.125     988.59   10/1/2004        86.72      0-29      6ML          5.5
34927707         359      126,350.00  126,223.98     5.99     756.72   10/1/2004        79.99      0-29      6ML        4.125
35112382         359       85,500.00   85,460.11     9.75     734.58   10/1/2004        81.43      0-29      FIX            0
35153105         359      103,920.00  103,920.00    6.875     595.38   10/1/2004           80      0-29      FIX            0
35263623         359      108,000.00  107,919.84      7.5     755.16   10/1/2004           80      0-29      FIX            0
35264746         359      211,000.00  211,000.00    5.375      945.1   10/1/2004        79.97      0-29      6ML        3.875

<CAPTION>
             INITIAL  PERIODIC                           PREPAYMENT
  LOANID       CAP      CAP       FLOOR    CEILING          TERM                                PREPAYMENT PENALTY
--------------------------------------------------------------------------------------------------------------------------
<S>             <C>      <C>      <C>       <C>              <C>                        <C>
35114578        0        0            0          0           36                              6 mo.s interest less 20% obal
35205830        3        1         7.99      13.99           24                              6 mo.s interest less 20% obal
35012707        3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
35205483        3        1          6.5       12.5            0                                                       None
33593609        3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
35248376        3        1         5.75      11.75           24                              6 mo.s interest less 20% obal
34655381        3        1         7.75      13.75           24                              6 mo.s interest less 20% obal
34650549        0        0            0          0            0                                                       None
35110196        0        0            0          0           36                              6 mo.s interest less 20% obal
33732017        3        1          5.5       11.5           24                              6 mo.s interest less 20% obal
35223296        1        1        5.875     11.875           24                              6 mo.s interest less 20% obal
33568312        3        1        6.125     12.125           36                              6 mo.s interest less 20% obal
4000158296      3        1         5.25      11.25            0                                                       None
34792648        3        1          5.5       11.5           24                              6 mo.s interest less 20% obal
34977231        3        1         7.99      13.99           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35075738        3        1          6.5       12.5            0                                                       None
35126234        0        0            0          0            0                                                       None
34293738        0        0            0          0           36                              6 mo.s interest less 20% obal
35152735        3        1        7.625     13.625            0                                                       None
4000156659      3        1        5.375     11.375           36                              6 mo.s interest less 20% obal
35153014        0        0            0          0           36                              6 mo.s interest less 20% obal
35235803        3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
34984773        3        1         7.25      13.25           24                         min (2% prepaid, 60 days interest)
34644781        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
34721712        3        1         6.25      12.25            0                                                       None
34976498        3        1        7.375     13.375           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000160888      3        1        5.125     11.125           24                              6 mo.s interest less 20% obal
34717215        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
4000165308      3        1        5.999     11.999           24                              6 mo.s interest less 20% obal
4000172587      0        0            0          0           36                                                 1% prepaid
34969733        3        1        7.375     13.375           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35160688        0        0            0          0           36                              6 mo.s interest less 20% obal
34989053        3        1         6.75      12.75           36                         min (2% prepaid, 60 days interest)
4000171442      3        1         5.75      11.75           24                              6 mo.s interest less 20% obal
4000159000      3        1        5.125     11.125           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
32979536        3        1        6.875     12.875           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34993568        3        1         7.75      13.75           24                         min (2% prepaid, 60 days interest)
34932087        3        1            7         13           36                              6 mo.s interest less 20% obal
35145044        0        0            0          0           36                              6 mo.s interest less 20% obal
34900548        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
34961656        3        1         5.75      11.75           36                              6 mo.s interest less 20% obal
4000166352      3        1        5.999     11.999           24                              6 mo.s interest less 20% obal
4000166850      3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
34736199        3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
34855783        3        1        7.875     13.875           12                              3%/2%/1%-1st yr/2nd yr/3rd yr
34897504        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
35022888        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
35103803        3        1        8.125     14.125           24                              6 mo.s interest less 20% obal
4000159036      3        1        5.875     11.875           36                              6 mo.s interest less 20% obal
34658013        3        1        8.875     14.875           24                              6 mo.s interest less 20% obal
35192319        3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
35227958        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
4000173628      0        0            0          0           36                                             3 mos interest
35030105        0        0            0          0           36                              6 mo.s interest less 20% obal
35016831        3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
35035625        3        1        7.625     13.625           36                              6 mo.s interest less 20% obal
4000174574      3        1          6.5       12.5           36                              6 mo.s interest less 20% obal
33724444        0        0            0          0           36                              6 mo.s interest less 20% obal
34301663        3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
34616342        0        0            0          0            0                                                       None
4000146599      3        1        5.999     11.999           24                              6 mo.s interest less 20% obal
35011626        3        1        6.875     12.875           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34801605        3        1         8.25      14.25           24                              6 mo.s interest less 20% obal
33593500        3        1         6.75      12.75            0                                                       None
34003947        0        0            0          0            0                                                       None
4000173425      3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
4000154772      3        1         6.25      12.25           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000165372      3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
34238287        3        1          6.5       12.5           36                              6 mo.s interest less 20% obal
34861971        3        1         7.75      13.75            0                                                       None
35105071        3        1        8.875     14.875            0                                                       None
34982421        3        1        8.375     14.375           36                         min (2% prepaid, 60 days interest)
35323443        3        1         6.75      12.75           36                              6 mo.s interest less 20% obal
35207380        3        1         5.99      11.99           24                              6 mo.s interest less 20% obal
4000150512      3        1        7.125     13.125            0                                                       None
4000166590      3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
34898767        0        0            0          0           36                              6 mo.s interest less 20% obal
35106863        0        0            0          0            0                                                       None
4000171639      3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
35015759        3        1          7.5       13.5           36                              6 mo.s interest less 20% obal
4000174401      3        1        8.125     14.125           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34653337        0        0            0          0            0                                                       None
34916528        3        1         9.25      15.25            0                                                       None
33016437        0        0            0          0           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34378711        3        1        7.875     13.875           24                              6 mo.s interest less 20% obal
35072727        3        1        6.375     12.375            0                                                       None
35148519        3        1          6.5       12.5            0                                                       None
4000167934      3        1        6.125     12.125           36                              6 mo.s interest less 20% obal
34901314        3        1        7.875     13.875           24                              6 mo.s interest less 20% obal
34559922        3        1        6.375     12.375            0                                                       None
4000179177      3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
4000178393      3        1        7.125     13.125           12                              6 mo.s interest less 20% obal
4000165972      3        1          6.5       12.5           12                              6 mo.s interest less 20% obal
34856757        3        1         6.99      12.99           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34988592        3        1        7.875     13.875           24                         min (2% prepaid, 60 days interest)
35145358        3        1         7.75      13.75           24                              6 mo.s interest less 20% obal
34860452        3        1        6.375     12.375           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35147727        3        1            7         13            0                                                       None
4000166927      3        1        9.125     15.125           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000167805      3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
34927707        3        1         5.99      11.99           36                              6 mo.s interest less 20% obal
35112382        0        0            0          0           24                              6 mo.s interest less 20% obal
35153105        0        0            0          0            0                                                       None
35263623        0        0            0          0           36                              6 mo.s interest less 20% obal
35264746        3        1        5.375     11.375           36                              6 mo.s interest less 20% obal

<CAPTION>
                                              PAYMENT
              FIRST RATE      RATE RESET       RESET                                  MI
  LOANID      RESET DATE       FREQUENCY     FREQUENCY  PURPOSE   DIV  IO    IOTERM  FLAG
-----------------------------------------------------------------------------------------
<S>           <C>                  <C>            <C>  <C>         <C>  <C>    <C>    <C>
35114578      00/00/0000           0              0    Purchase    N    N       0     Y
35205830        9/1/2006           6              6    C/O Refi    N    Y      60     Y
35012707        9/1/2006           6              6    Purchase    N    Y      60     N
35205483        9/1/2006           6              6    C/O Refi    N    Y      60     N
33593609        9/1/2006           6              6    Purchase    N    N       0     N
35248376        9/1/2009           6              6    Purchase    N    Y      60     N
34655381        9/1/2006           6              6    C/O Refi    N    N       0     Y
34650549      00/00/0000           0              0    Purchase    N    N       0     Y
35110196      00/00/0000           0              0    Purchase    N    N       0     N
33732017        9/1/2006           6              6    Purchase    N    Y      60     N
35223296        3/1/2005           6              6    Purchase    N    Y      60     N
33568312        9/1/2009           6              6    Purchase    N    N       0     N
4000158296      9/1/2007           6              6    Purchase    N    Y      60     N
34792648        9/1/2006           6              6    Purchase    N    Y      60     N
34977231        9/1/2006           6              6    Purchase    N    Y      60     N
35075738        9/1/2007           6              6    Purchase    N    Y      60     N
35126234      00/00/0000           0              0    C/O Refi    N    N       0     Y
34293738      00/00/0000           0              0    Purchase    N    N       0     N
35152735        9/1/2006           6              6    Purchase    N    Y      60     N
4000156659      9/1/2007           6              6    Purchase    N    Y      60     N
35153014      00/00/0000           0              0    C/O Refi    N    N       0     Y
35235803        9/1/2006           6              6    Purchase    N    Y      60     Y
34984773        9/1/2009           6              6    Purchase    N    Y      60     N
34644781        9/1/2006           6              6    C/O Refi    N    N       0     N
34721712        9/1/2006           6              6    Purchase    N    Y      60     N
34976498        9/1/2006           6              6    C/O Refi    N    Y      60     N
4000160888      9/1/2009           6              6    Purchase    N    Y      60     N
34717215        9/1/2009           6              6    C/O Refi    N    N       0     N
4000165308      9/1/2009           6              6    Purchase    N    Y      60     N
4000172587    00/00/0000           0              0    R/T Refi    N    N       0     N
34969733        9/1/2006           6              6    Purchase    N    N       0     N
35160688      00/00/0000           0              0    C/O Refi    N    N       0     Y
34989053        9/1/2007           6              6    C/O Refi    N    N       0     Y
4000171442      9/1/2009           6              6    Purchase    N    Y      60     N
4000159000      9/1/2009           6              6    Purchase    N    N       0     N
32979536        8/1/2006           6              6    R/T Refi    N    N       0     N
34993568        9/1/2006           6              6    R/T Refi    N    Y      60     N
34932087        9/1/2009           6              6    Purchase    N    Y      60     N
35145044      00/00/0000           0              0    Purchase    N    N       0     N
34900548        8/1/2006           6              6    Purchase    N    Y      60     N
34961656        9/1/2007           6              6    Purchase    N    Y      60     N
4000166352      8/1/2006           6              6    Purchase    N    Y      60     N
4000166850      9/1/2009           6              6    C/O Refi    N    Y      60     N
34736199        8/1/2006           6              6    Purchase    N    Y      60     N
34855783        9/1/2006           6              6    Purchase    N    N       0     N
34897504        9/1/2006           6              6    R/T Refi    N    N       0     N
35022888        9/1/2009           6              6    C/O Refi    N    N       0     N
35103803        9/1/2006           6              6    Purchase    N    N       0     N
4000159036      9/1/2007           6              6    Purchase    N    Y      60     N
34658013        9/1/2006           6              6    C/O Refi    N    N       0     Y
35192319        9/1/2006           6              6    C/O Refi    N    N       0     N
35227958        9/1/2006           6              6    Purchase    N    Y      60     N
4000173628    00/00/0000           0              0    Purchase    N    N       0     Y
35030105      00/00/0000           0              0    C/O Refi    N    N       0     N
35016831        9/1/2009           6              6    Purchase    N    Y      60     N
35035625        9/1/2007           6              6    C/O Refi    N    N       0     N
4000174574      9/1/2006           6              6    C/O Refi    N    Y      60     N
33724444      00/00/0000           0              0    Purchase    N    N       0     N
34301663        8/1/2006           6              6    C/O Refi    N    N       0     N
34616342      00/00/0000           0              0    C/O Refi    N    N       0     N
4000146599      9/1/2006           6              6    Purchase    N    Y      60     N
35011626        9/1/2006           6              6    Purchase    N    Y      60     N
34801605        9/1/2006           6              6    C/O Refi    N    Y      60     N
33593500        9/1/2007           6              6    C/O Refi    N    N       0     N
34003947      00/00/0000           0              0    C/O Refi    N    N       0     N
4000173425      9/1/2006           6              6    Purchase    N    Y      60     N
4000154772      9/1/2009           6              6    Purchase    N    N       0     N
4000165372      9/1/2006           6              6    Purchase    N    Y      60     N
34238287        9/1/2009           6              6    Purchase    N    Y      60     Y
34861971        9/1/2006           6              6    C/O Refi    N    N       0     Y
35105071        9/1/2006           6              6    Purchase    N    N       0     N
34982421        9/1/2007           6              6    C/O Refi    N    N       0     Y
35323443        9/1/2009           6              6    Purchase    N    Y      60     N
35207380        9/1/2006           6              6    Purchase    N    Y      60     N
4000150512      9/1/2007           6              6    R/T Refi    N    N       0     N
4000166590      9/1/2006           6              6    Purchase    N    Y      60     Y
34898767      00/00/0000           0              0    Constructio N    Y      60     Y
35106863      00/00/0000           0              0    C/O Refi    N    N       0     N
4000171639      9/1/2006           6              6    C/O Refi    N    Y      60     N
35015759        9/1/2009           6              6    C/O Refi    N    N       0     N
4000174401      9/1/2006           6              6    C/O Refi    N    N       0     N
34653337      00/00/0000           0              0    Purchase    N    N       0     N
34916528        9/1/2006           6              6    C/O Refi    N    Y      60     N
33016437      00/00/0000           0              0    C/O Refi    N    N       0     N
34378711        9/1/2006           6              6    Purchase    N    N       0     N
35072727        8/1/2007           6              6    Purchase    N    N       0     N
35148519        8/1/2007           6              6    Purchase    N    N       0     N
4000167934      9/1/2007           6              6    C/O Refi    N    Y      60     Y
34901314        9/1/2006           6              6    C/O Refi    N    N       0     Y
34559922        9/1/2009           6              6    Purchase    N    Y      60     N
4000179177      9/1/2006           6              6    Purchase    N    Y      60     N
4000178393      9/1/2006           6              6    R/T Refi    N    N       0     Y
4000165972      8/1/2006           6              6    Purchase    N    N       0     N
34856757        9/1/2006           6              6    C/O Refi    N    N       0     N
34988592        9/1/2006           6              6    R/T Refi    N    Y      60     N
35145358        9/1/2006           6              6    Purchase    N    N       0     N
34860452        9/1/2006           6              6    C/O Refi    N    N       0     N
35147727        9/1/2007           6              6    Purchase    N    Y      60     N
4000166927      9/1/2007           6              6    Purchase    N    N       0     N
4000167805      9/1/2006           6              6    C/O Refi    N    Y      60     Y
34927707        9/1/2007           6              6    Purchase    N    N       0     N
35112382      00/00/0000           0              0    R/T Refi    N    N       0     N
35153105      00/00/0000           0              0    Purchase    N    Y      60     N
35263623      00/00/0000           0              0    Purchase    N    N       0     N
35264746        9/1/2006           6              6    Purchase    N    Y      60     N
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
                                                          PROPERTY                    ORIGINAL ORIGINATION  FIRST PAY   MATURITY
  LOANID              CITY                 ZIP    STATE     TYPE       OCCUPANCY        TERM      DATE        DATE        DATE
--------------------------------------------------------------------------------------------------------------------------------
<S>           <C>                         <C>       <C>   <C>        <C>                <C>     <C>         <C>         <C>
35342070      PASADENA                    21122     MD       PUD     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34994012      MAPLE GROVE                 55369     MN       PUD     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
4000168287    BELLEVILLE                  48111     MI       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
4000134897    NORTH LAS VEGAS             89131     NV       PUD     Owner Occupied     360     7/26/2004   10/1/2004   9/1/2034
34995555      OAK GROVE                   55011     MN       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35127752      MERRILLVILLE                46410     IN       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35185602      LOS ANGELES                 90068     CA      Condo    Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
4000169074    NEWPORT                     99156     WA       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
34851865      LANSING                     60438     IL       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
34969519      KNOXVILLE                   37916     TN      Condo     Second Home       360     8/30/2004   10/1/2004   9/1/2034
4000176614    COLUMBUS                    43207     OH       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
4000169507    MOUNT VERNON                98273     WA    Units 2-4  Investor           360      8/6/2004   10/1/2004   9/1/2034
34993691      SAINT PAUL                  55108     MN      Condo    Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
34075861      HENDERSON                   89014     NV       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
35076694      RALEIGH                     27615     NC       PUD     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
35081546      RALEIGH                     27603     NC       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
35147586      DICKSON                     37055     TN       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34764399      BOLIVAR                     44612     OH    Units 2-4  Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
4000161483    LELAND                      49654     MI       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
4000176593    PEARLAND                    77584     TX       PUD     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
4000176749    HOUSTON                     77007     TX       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35204098      CHULA VISTA                 91913     CA      Condo    Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
4000175323    STRUTHERS                   44471     OH       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35264639      MORENO VALLEY               92553     CA       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
35242593      HOUSTON                     77065     TX       PUD     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
35263573      RIVERSIDE                   92503     CA       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34940742      KLAMATH FALLS               97603     OR       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
4000167437    MEREDITH                     3253     NH       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
34892265      CLEARWATER                  33763     FL       SFR     Owner Occupied     360     7/27/2004    9/1/2004   8/1/2034
34020636      MISSOURI CITY               77459     TX       PUD     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
34698647      TAMARAC                     33321     FL      Condo    Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34991323      RED WING                    55066     MN       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
34852319      KANSAS CITY                 64133     MO       SFR     Owner Occupied     360     7/23/2004    9/1/2004   8/1/2034
4000162352    TEMPLE CITY                 91780     CA      Condo    Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
35113828      LITTLE ELM                  75068     TX       PUD     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000170723    VACAVILLE                   95687     CA       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
4000178425    ROSEVILLE                   95747     CA       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
35247956      BATON ROUGE                 70815     LA       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
35324441      HILLSBORO                   97123     OR       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
4000174602    PALMDALE AREA               93591     CA       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
35160969      WOODSTOCK                   30188     GA       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35152909      PHENIX CITY                 36870     AL       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
4000166985    BIG STONE GAP               24219     VA       SFR     Owner Occupied     180     8/31/2004   10/1/2004   9/1/2019
4000173326    DETROIT                     48205     MI       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
4000135260    SHREWSBERRY                 63109     MO       SFR     Owner Occupied     360     5/27/2004    7/1/2004   6/1/2034
4000169254    GROSSE POINTE FARMS         48236     MI       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
35152453      HAMPTON                     30228     GA       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
4000157508    FREMONT                     94536     CA      Condo    Owner Occupied     360     7/16/2004    9/1/2004   8/1/2034
34657916      SAINT PETERS                63376     MO       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
34976597      LEBANON                     45036     OH       PUD     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
35082148      LIMA                        45805     OH       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
34378562      MAYS LANDING                 8330     NJ       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
4000153787    HOWELL                      48843     MI       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35077767      WILLOW SPRINGS              27592     NC       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
33018243      SEYMOUR                     47274     IN       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34856963      CHICAGO                     60629     IL    Units 2-4  Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34858043      POSEN                       60469     IL    Units 2-4  Investor           360     8/26/2004   10/1/2004   9/1/2034
35074145      FRANKLINTON                 27525     NC       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
4000172517    SPRING HILL                 34608     FL       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34851402      FLOSSMOOR                   60422     IL       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34913624      LAWRENCEVILLE               30044     GA       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
35067651      WILMINGTON                  28411     NC       PUD     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
34996850      SHOREWOOD                   55331     MN       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35116490      FLOWER MOUND                75028     TX       PUD     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34958322      PALMDALE                    93551     CA       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
35222223      DECATUR                     35601     AL       SFR     Investor           360     8/10/2004   10/1/2004   9/1/2034
35112994      ARLINGTON                   76014     TX       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
4000172605    LINDEN                      48451     MI      Condo    Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
35080514      MOORESVILLE                 28115     NC       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34529495      CENTERTON                   72719     AR       PUD     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
4000159226    SOUTHWEST HARBOR             4679     ME       SFR      Second Home       360     8/30/2004   10/1/2004   9/1/2034
33593310      HOUSTON                     77082     TX       PUD     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
34995829      BLAINE                      55449     MN       PUD     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34850701      ROMEOVILLE                  60446     IL       PUD     Owner Occupied     360     7/28/2004   10/1/2004   9/1/2034
35183995      SAN MARCOS                  92078     CA       PUD     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
35344050      CHESAPEAKE                  23322     VA       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
35077171      KINSTON                     28501     NC       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
35156801      ATLANTA                     30311     GA       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
35072511      WEDDINGTON                  28104     NC       SFR     Owner Occupied     360      8/4/2004    9/1/2004   8/1/2034
4000166737    SUISUN CITY                 94585     CA       SFR     Owner Occupied     360     7/28/2004   10/1/2004   9/1/2034
35222322      DEBARY                      32713     FL       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
4000172212    SOUTH LAKE TAHOE            96150     CA       SFR      Second Home       360     8/20/2004   10/1/2004   9/1/2034
4000162834    CHERRY VALLEY               92223     CA       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
34894345      MOBILE                      36695     AL       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34646539      HIGHLAND                    53543     WI       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
35079771      CHARLOTTE                   28216     NC       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
35231729      PENSACOLA                   32505     FL       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34920967      STONE MOUNTAIN              30083     GA       PUD     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
35068998      DURHAM                      27707     NC       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34888040      ALTAMONTE SPRINGS           32714     FL       PUD     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
34528331      KANSAS CITY                 66106     KS       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000168086    SAINT LOUIS                 63118     MO       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
35013697      THORNTON                    80233     CO      Condo    Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34969774      SPRINGFIELD                 45504     OH       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
34659185      WAGONER                     74467     OK       SFR     Owner Occupied     360     8/14/2004   10/1/2004   9/1/2034
34080945      ORANGEVALE                  95662     CA       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
34987610      FARMINGTON                  55024     MN      Condo    Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
35158666      SPRING HILL                 37174     TN       PUD     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
4000171886    GROVE CITY                  43123     OH       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
34857367      SAINT LOUIS                 63106     MO       SFR     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
34854133      CHICAGO                     60644     IL       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
4000165714    BAKERSFIELD                 93313     CA       SFR     Owner Occupied     360     7/28/2004   10/1/2004   9/1/2034
35228642      DELTONA                     32738     FL       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
4000172894    ELK GROVE                   95758     CA       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
35232370      MOBILE                      36617     AL       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034

<CAPTION>
                                                                                      ORIGINAL
                                                                                      COMBAINED
              REMAINING     ORIGINAL   SCHEDULED                       PAID THRU       LOAN TO      OTS
  LOANID        TERM        BALANCE     BALANCE      RATE      P&I        DATE          VALUE   DELINQUENCY INDEX       MARGIN
------------------------------------------------------------------------------------------------------------------------------
<S>              <C>      <C>         <C>           <C>     <C>        <C>              <C>        <C>       <C>        <C>
35342070         359      582,100.00  582,100.00    6.375   3,092.41   10/1/2004           80      0-29      6ML          4.5
34994012         359      185,000.00  184,862.70      7.5   1,293.55   10/1/2004        93.91      0-29      6ML        6.375
4000168287       359      167,000.00  167,000.00      5.5     765.42   10/1/2004        79.98      0-29      6ML        3.875
4000134897       359      114,000.00  113,880.98     5.75     665.27   10/1/2004        55.34      0-29      FIX            0
34995555         359      226,000.00  225,814.74        7   1,503.59   10/1/2004          100      0-29      6ML          5.5
35127752         359      125,000.00  124,897.54        7     831.63   10/1/2004          100      0-29      6ML        5.625
35185602         359      270,000.00  270,000.00     6.99   1,572.75   10/1/2004        66.67      0-29      6ML        4.875
4000169074       359      153,000.00  153,000.00    7.875   1,004.06   10/1/2004          100      0-29      6ML         5.75
34851865         359      111,600.00  111,517.17      7.5     780.33   10/1/2004           90      0-29      6ML            6
34969519         359      144,300.00  144,195.56    7.625   1,021.35   10/1/2004           95      0-29      6ML         5.25
4000176614       359      131,000.00  130,912.10        8     961.23   10/1/2004          100      0-29      6ML            6
4000169507       359      238,320.00  238,320.00      7.5   1,489.50   10/1/2004        88.93      0-29      6ML        4.875
34993691         359      156,000.00  155,900.52     8.25   1,171.98   10/1/2004           80      0-29      FIX            0
34075861         359      235,600.00  235,600.00     6.25   1,227.08   10/1/2004           76      0-29      6ML        4.125
35076694         359      118,950.00  118,870.18        8     872.82   10/1/2004        89.98      0-29      6ML            6
35081546         359      146,000.00  146,000.00    8.875   1,079.79   10/1/2004        99.98      0-29      6ML        6.875
35147586         359       89,600.00   89,520.95    6.625     573.72   10/1/2004           80      0-29      6ML        4.875
34764399         359       89,500.00   89,445.78      8.5     688.18   10/1/2004        74.58      0-29      6ML         6.25
4000161483       359      133,000.00  132,864.40    5.875     786.75   10/1/2004        79.17      0-29      6ML         3.75
4000176593       359      222,000.00  221,799.31      6.5   1,403.19   10/1/2004          100      0-29      6ML        5.125
4000176749       359      334,000.00  333,719.40    6.875   2,194.14   10/1/2004          100      0-29      6ML          5.5
35204098         359      318,400.00  318,400.00        7   1,857.33   10/1/2004           90      0-29      6ML        4.625
4000175323       359       68,000.00   67,956.64     8.25     510.86   10/1/2004          100      0-29      6ML        6.875
35264639         359      109,100.00  109,100.00      7.5     681.88   10/1/2004        43.47      0-29      6ML        4.375
35242593         359      124,200.00  124,200.00    7.875     815.06   10/1/2004           90      0-29      6ML        5.875
35263573         359      230,000.00  229,801.97     6.75   1,491.78   10/1/2004        63.54      0-29      6ML        4.125
34940742         359      111,900.00  111,900.00     6.75     629.44   10/1/2004        79.99      0-29      6ML        4.125
4000167437       359      166,250.00  166,120.31     7.25   1,134.12   10/1/2004           95      0-29      6ML        6.125
34892265         358      115,900.00  115,694.90    6.625     742.13   10/1/2004        79.93      0-29      6ML            5
34020636         359       76,000.00   76,000.00    6.375     403.75   10/1/2004           80      0-29      6ML         4.25
34698647         359       90,150.00   90,150.00     6.99     525.12   10/1/2004        94.99      0-29      6ML        5.375
34991323         359      187,200.00  186,995.09      5.5   1,062.91   10/1/2004           80      0-29      6ML         4.25
34852319         358       99,200.00   99,200.00    6.375        527    9/1/2004           80      0-29      6ML        4.375
4000162352       359      172,600.00  172,487.10    8.125   1,281.55   10/1/2004        57.53      0-29      FIX            0
35113828         359      149,300.00  149,300.00     6.75     839.81   10/1/2004        79.98      0-29      6ML          4.5
4000170723       359      268,000.00  268,000.00    5.625   1,256.25   10/1/2004           80      0-29      6ML        3.625
4000178425       359      323,000.00  323,000.00      7.5   2,018.75   10/1/2004           85      0-29      6ML         5.25
35247956         359       93,000.00   92,943.66      8.5     715.09   10/1/2004          100      0-29      6ML          6.5
35324441         359      115,900.00  115,900.00     6.75     651.94   10/1/2004        79.99      0-29      FIX            0
4000174602       359      150,000.00  150,000.00      5.5      687.5   10/1/2004        53.57      0-29      6ML            3
35160969         359      100,000.00  100,000.00     6.25     520.83   10/1/2004           80      0-29      6ML        4.125
35152909         359       79,120.00   79,120.00     6.75     445.05   10/1/2004           80      0-29      6ML        4.625
4000166985       179       37,200.00   37,090.10     7.75     350.15   10/1/2004          100      0-29      FIX            0
4000173326       359       98,000.00   97,940.63      8.5     753.54   10/1/2004          100      0-29      6ML         6.25
4000135260       356      104,000.00  104,000.00     6.25     541.67    9/1/2004           80      0-29      6ML         4.75
4000169254       359      190,800.00  190,614.56    6.125   1,159.32   10/1/2004           80      0-29      6ML          4.5
35152453         359      151,400.00  151,400.00    6.125     772.77   10/1/2004           80      0-29      6ML            4
4000157508       358      186,400.00  186,400.00    5.625     873.75    9/1/2004           80      0-29      6ML        3.375
34657916         359      151,500.00  151,363.04      6.5     957.59   10/1/2004        94.69      0-29      6ML        5.125
34976597         359      181,600.00  181,400.84     6.99   1,206.98   10/1/2004        99.99      0-29      FIX            0
35082148         359       63,000.00   62,957.00        8     462.28   10/1/2004           90      0-29      FIX            0
34378562         359      116,000.00  115,934.97    8.875     922.95   10/1/2004           80      0-29      6ML          6.5
4000153787       359      229,200.00  229,200.00    4.625     883.38   10/1/2004           80      0-29      6ML        3.375
35077767         359       91,900.00   91,900.00    6.875     526.51   10/1/2004        79.98      0-29      6ML            5
33018243         359       42,000.00   41,973.21     8.25     315.54   10/1/2004          100      0-29      6ML         6.25
34856963         359      216,750.00  216,750.00     6.75   1,219.22   10/1/2004           85      0-29      6ML        5.125
34858043         359      144,000.00  144,000.00    6.875        825   10/1/2004           80      0-29      6ML        4.125
35074145         359      148,400.00  148,281.33    7.125      999.8   10/1/2004        89.99      0-29      6ML          5.5
4000172517       359      160,000.00  159,881.26      7.5   1,118.74   10/1/2004          100      0-29      6ML        5.875
34851402         359      154,800.00  154,666.72     6.75   1,004.03   10/1/2004           90      0-29      6ML          5.5
34913624         359      203,000.00  203,000.00    7.125   1,205.31   10/1/2004        63.44      0-29      6ML        5.125
35067651         358      108,950.00  108,950.00    6.625     601.49    9/1/2004        79.99      0-29      6ML        4.625
34996850         359      200,000.00  200,000.00      5.5     916.67   10/1/2004           80      0-29      6ML        3.625
35116490         359      395,750.00  395,441.27     7.25   2,699.72   10/1/2004         84.2      0-29      6ML        5.375
34958322         359      225,000.00  224,801.49    6.625   1,440.70   10/1/2004        77.59      0-29      6ML         4.75
35222223         359       41,600.00   41,577.85    9.125     338.48   10/1/2004           80      0-29      6ML        5.375
35112994         359       87,200.00   87,135.28      7.5     609.72   10/1/2004           80      0-29      FIX            0
4000172605       359      153,900.00  153,593.31     5.25     673.31   10/1/2004        79.99      0-29      6ML        3.625
35080514         359       87,500.00   87,450.95    8.875     696.19   10/1/2004          100      0-29      6ML            6
34529495         359      122,400.00  122,400.00     6.25      637.5   10/1/2004           80      0-29      6ML        4.125
4000159226       359      525,000.00  524,569.57    6.999   3,492.49   10/1/2004           84      0-29      FIX            0
33593310         358      126,700.00  126,430.02      6.5     800.84    9/1/2004        79.99      0-29      6ML        4.625
34995829         359      222,300.00  222,117.78        7   1,478.97   10/1/2004           90      0-29      6ML        5.875
34850701         359      129,500.00  129,417.41     8.25      972.9   10/1/2004        86.33      0-29      6ML        6.125
35183995         359      469,350.00  469,350.00      5.5   2,151.19   10/1/2004        79.99      0-29      6ML          3.5
35344050         359      113,000.00  113,000.00    7.125     670.94   10/1/2004        86.92      0-29      6ML          5.5
35077171         359       90,000.00   89,936.47     7.75     644.78   10/1/2004          100      0-29      FIX            0
35156801         359       62,000.00   61,952.82    7.375     428.22   10/1/2004        46.97      0-29      FIX            0
35072511         358      336,000.00  336,000.00     6.25   1,750.00    9/1/2004           80      0-29      6ML        3.875
4000166737       359      344,000.00  344,000.00    6.875   1,970.83   10/1/2004        88.21      0-29      6ML        5.375
35222322         359       80,750.00   80,695.70     7.99     591.96   10/1/2004           95      0-29      6ML        6.625
4000172212       359      343,900.00  343,900.00      6.5   1,862.79   10/1/2004           95      0-29      6ML        4.875
4000162834       359      183,750.00  183,579.81    6.375   1,146.36   10/1/2004           75      0-29      6ML        3.875
34894345         359       83,900.00   83,831.23        7     558.19   10/1/2004        79.94      0-29      6ML         5.25
34646539         359       85,500.00   85,439.65     7.75     612.54   10/1/2004        83.82      0-29      6ML        5.875
35079771         359      130,400.00  130,400.00     5.75     624.83   10/1/2004           80      0-29      6ML        3.625
35231729         359       80,000.00   79,947.67    8.125        594   10/1/2004          100      0-29      FIX            0
34920967         359      153,600.00  153,500.00    6.125        784   10/1/2004           80      0-29      6ML            4
35068998         359       90,000.00   90,000.00     8.25     618.75   10/1/2004           90      0-29      6ML            6
34888040         359       85,600.00   85,600.00    7.125     508.25   10/1/2004           80      0-29      6ML        5.125
34528331         359      104,000.00  104,000.00    6.375      552.5   10/1/2004        79.09      0-29      6ML            4
4000168086       359      128,200.00  128,107.21    7.625     907.39   10/1/2004        94.96      0-29      FIX            0
35013697         359       97,920.00   97,920.00    5.625        459   10/1/2004           80      0-29      6ML        3.375
34969774         359      135,000.00  134,907.09    7.875     978.85   10/1/2004          100      0-29      6ML         5.75
34659185         359       54,600.00   54,560.48    7.625     386.46   10/1/2004        85.98      0-29      6ML            6
34080945         359      242,000.00  242,000.00     5.99   1,207.98   10/1/2004           80      0-29      6ML            4
34987610         359      127,900.00  127,900.00    7.375     786.05   10/1/2004        79.99      0-29      6ML         5.75
35158666         359      133,420.00  133,420.00     7.75     861.67   10/1/2004           80      0-29      6ML        4.875
4000171886       359       80,200.00   80,200.00    7.875     526.31   10/1/2004        82.68      0-29      FIX            0
34857367         358       56,000.00   55,914.51    7.375     386.78    9/1/2004           80      0-29      6ML        5.375
34854133         359      125,800.00  125,711.21     7.75     901.25   10/1/2004           85      0-29      6ML         5.75
4000165714       359      146,600.00  146,470.65    6.625      938.7   10/1/2004        84.98      0-29      6ML        5.125
35228642         359      151,300.00  151,215.17    8.875   1,118.99   10/1/2004           85      0-29      6ML        7.125
4000172894       359      260,000.00  260,000.00        7   1,516.67   10/1/2004           80      0-29      6ML        4.375
35232370         359       89,900.00   89,856.92    9.625     764.15   10/1/2004          100      0-29      6ML        7.625

<CAPTION>
             INITIAL  PERIODIC                           PREPAYMENT
  LOANID       CAP      CAP       FLOOR    CEILING          TERM                                PREPAYMENT PENALTY
--------------------------------------------------------------------------------------------------------------------------
<S>             <C>      <C>      <C>       <C>              <C>                        <C>
35342070        3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
34994012        3        1          7.5       13.5           36                         min (2% prepaid, 60 days interest)
4000168287      3        1          5.5       11.5           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000134897      0        0            0          0           36                              6 mo.s interest less 20% obal
34995555        3        1            7         13           36                         min (2% prepaid, 60 days interest)
35127752        3        1            7         13           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35185602        3        1         6.99      12.99           24                              6 mo.s interest less 20% obal
4000169074      3        1        7.875     13.875           24                              6 mo.s interest less 20% obal
34851865        3        1          7.5       13.5           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34969519        3        1        7.625     13.625           24                              6 mo.s interest less 20% obal
4000176614      3        1            8         14           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000169507      1        1          7.5       13.5           12                              6 mo.s interest less 20% obal
34993691        0        0            0          0           36                         min (2% prepaid, 60 days interest)
34075861        3        1         6.25      12.25           36                              6 mo.s interest less 20% obal
35076694        3        1            8         14            0                                                       None
35081546        3        1        8.875     14.875            0                                                       None
35147586        3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
34764399        3        1          8.5       14.5           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000161483      3        1        5.875     11.875           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000176593      3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
4000176749      3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
35204098        3        1            7         13            0                                                       None
4000175323      3        1         8.25      14.25           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35264639        3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
35242593        3        1        7.875     13.875           36                              6 mo.s interest less 20% obal
35263573        3        1         6.75      12.75           36                              6 mo.s interest less 20% obal
34940742        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
4000167437      3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
34892265        3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
34020636        3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
34698647        3        1         6.99      12.99           24                              6 mo.s interest less 20% obal
34991323        3        1          5.5       11.5           36                         min (2% prepaid, 60 days interest)
34852319        3        1        6.375     12.375           24                                                 2% prepaid
4000162352      0        0            0          0            0                                                       None
35113828        3        1         6.75      12.75           36                              6 mo.s interest less 20% obal
4000170723      3        1        5.625     11.625           36                              6 mo.s interest less 20% obal
4000178425      3        1          7.5       13.5            0                                                       None
35247956        3        1          8.5       14.5           24                              6 mo.s interest less 20% obal
35324441        0        0            0          0           36                              6 mo.s interest less 20% obal
4000174602      3        1          5.5       11.5           36                              6 mo.s interest less 20% obal
35160969        3        1         6.25      12.25            0                                                       None
35152909        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
4000166985      0        0            0          0           36                              6 mo.s interest less 20% obal
4000173326      3        1          8.5       14.5           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000135260      3        1         6.25      12.25           24                                                 2% prepaid
4000169254      3        1        6.125     12.125           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35152453        3        1        6.125     12.125            0                                                       None
4000157508      3        1        5.625     11.625           24                              6 mo.s interest less 20% obal
34657916        3        1          6.5       12.5           12                                                 2% prepaid
34976597        0        0            0          0           36                                                 1% prepaid
35082148        0        0            0          0           36                                                 1% prepaid
34378562        3        1        8.875     14.875            0                                                       None
4000153787      3        1        4.625     10.625           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35077767        3        1        6.875     12.875            0                                                       None
33018243        3        1         8.25      14.25           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34856963        3        1         6.75      12.75           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34858043        3        1        6.875     12.875           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35074145        3        1        7.125     13.125            0                                                       None
4000172517      3        1          7.5       13.5           36                              6 mo.s interest less 20% obal
34851402        3        1         6.75      12.75           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34913624        3        1        7.125     13.125            0                                                       None
35067651        3        1        6.625     12.625            0                                                       None
34996850        3        1          5.5       11.5           24                         min (2% prepaid, 60 days interest)
35116490        3        1         7.25      13.25            0                                                       None
34958322        3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
35222223        3        1        9.125     15.125           24                              6 mo.s interest less 20% obal
35112994        0        0            0          0            0                                                       None
4000172605      3        1         5.25      11.25           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35080514        3        1        8.875     14.875            0                                                       None
34529495        3        1         6.25      12.25           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000159226      0        0            0          0            0                                                       None
33593310        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
34995829        3        1            7         13           36                         min (2% prepaid, 60 days interest)
34850701        3        1         8.25      14.25           12                              3%/2%/1%-1st yr/2nd yr/3rd yr
35183995        3        1          5.5       11.5           24                              6 mo.s interest less 20% obal
35344050        3        1        7.125     13.125           36                              6 mo.s interest less 20% obal
35077171        0        0            0          0            0                                                       None
35156801        0        0            0          0            0                                                       None
35072511        3        1         6.25      12.25            0                                                       None
4000166737      3        1        6.875     12.875           36                              6 mo.s interest less 20% obal
35222322        3        1         7.99      13.99           36                              6 mo.s interest less 20% obal
4000172212      3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
4000162834      3        1        6.375     12.375           36                              6 mo.s interest less 20% obal
34894345        3        1            7         13           24                              6 mo.s interest less 20% obal
34646539        3        1         7.75      13.75           24                              6 mo.s interest less 20% obal
35079771        3        1         5.75      11.75            0                                                       None
35231729        0        0            0          0           36                              6 mo.s interest less 20% obal
34920967        3        1        6.125     12.125            0                                                       None
35068998        3        1         8.25      14.25            0                                                       None
34888040        3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
34528331        3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
4000168086      0        0            0          0           36                                                 2% prepaid
35013697        3        1        5.625     11.625           36                              6 mo.s interest less 20% obal
34969774        3        1        7.875     13.875           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34659185        3        1        7.625     13.625           24                              6 mo.s interest less 20% obal
34080945        3        1         5.99      11.99           24                              6 mo.s interest less 20% obal
34987610        3        1        7.375     13.375           36                         min (2% prepaid, 60 days interest)
35158666        3        1         7.75      13.75           12                              6 mo.s interest less 20% obal
4000171886      0        0            0          0           36                                                 1% prepaid
34857367        3        1        7.375     13.375           24                                                 2% prepaid
34854133        3        1         7.75      13.75           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000165714      3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
35228642        3        1        8.875     14.875           24                              6 mo.s interest less 20% obal
4000172894      3        1            7         13           24                              6 mo.s interest less 20% obal
35232370        3        1        9.625     15.625           24                              6 mo.s interest less 20% obal

<CAPTION>
                                              PAYMENT
              FIRST RATE      RATE RESET       RESET                                  MI
  LOANID      RESET DATE       FREQUENCY     FREQUENCY  PURPOSE   DIV  IO    IOTERM  FLAG
-----------------------------------------------------------------------------------------
<S>           <C>                  <C>            <C>  <C>         <C>  <C>    <C>    <C>
35342070        9/1/2006           6              6    Purchase    N    Y      60     N
34994012        9/1/2006           6              6    C/O Refi    N    N       0     N
4000168287      9/1/2007           6              6    Purchase    N    Y      60     N
4000134897    00/00/0000           0              0    R/T Refi    N    N       0     N
34995555        9/1/2006           6              6    C/O Refi    N    N       0     N
35127752        9/1/2006           6              6    Purchase    N    N       0     N
35185602        9/1/2006           6              6    C/O Refi    N    Y      60     N
4000169074      9/1/2006           6              6    C/O Refi    N    Y      60     N
34851865        9/1/2006           6              6    C/O Refi    N    N       0     Y
34969519        9/1/2009           6              6    Purchase    N    N       0     Y
4000176614      9/1/2006           6              6    Purchase    N    N       0     N
4000169507      3/1/2005           6              6    Purchase    N    Y      60     Y
34993691      00/00/0000           0              0    C/O Refi    N    N       0     N
34075861        9/1/2007           6              6    C/O Refi    N    Y      60     N
35076694        9/1/2007           6              6    C/O Refi    N    N       0     N
35081546        9/1/2006           6              6    Purchase    N    Y      60     N
35147586        9/1/2006           6              6    Purchase    N    N       0     N
34764399        9/1/2006           6              6    C/O Refi    N    N       0     N
4000161483      9/1/2006           6              6    R/T Refi    N    N       0     N
4000176593      9/1/2006           6              6    Purchase    N    N       0     N
4000176749      9/1/2006           6              6    Purchase    N    N       0     N
35204098        9/1/2006           6              6    Purchase    N    Y      60     Y
4000175323      9/1/2006           6              6    Purchase    N    N       0     N
35264639        9/1/2009           6              6    C/O Refi    N    Y      60     N
35242593        9/1/2007           6              6    Purchase    N    Y      60     N
35263573        9/1/2009           6              6    C/O Refi    N    N       0     N
34940742        9/1/2009           6              6    Purchase    N    Y      60     N
4000167437      9/1/2006           6              6    Purchase    N    N       0     Y
34892265        8/1/2006           6              6    C/O Refi    N    N       0     N
34020636        9/1/2006           6              6    Purchase    N    Y      60     N
34698647        9/1/2006           6              6    Purchase    N    Y      60     Y
34991323        9/1/2006           6              6    Purchase    N    N       0     N
34852319        8/1/2006           6              6    Purchase    N    Y      60     N
4000162352    00/00/0000           0              0    R/T Refi    N    N       0     N
35113828        9/1/2009           6              6    Purchase    N    Y      60     N
4000170723      9/1/2009           6              6    C/O Refi    N    Y      60     N
4000178425      9/1/2006           6              6    C/O Refi    N    Y      60     N
35247956        9/1/2006           6              6    Purchase    N    N       0     N
35324441      00/00/0000           0              0    Purchase    N    Y      60     N
4000174602      9/1/2009           6              6    Purchase    N    Y      60     N
35160969        9/1/2007           6              6    Purchase    N    Y      60     N
35152909        9/1/2006           6              6    Purchase    N    Y      60     N
4000166985    00/00/0000           0              0    Purchase    N    N       0     Y
4000173326      9/1/2006           6              6    C/O Refi    N    N       0     N
4000135260      6/1/2006           6              6    Purchase    N    Y      60     N
4000169254      9/1/2006           6              6    Purchase    N    N       0     N
35152453        9/1/2007           6              6    Purchase    N    Y      60     N
4000157508      8/1/2006           6              6    Purchase    N    Y      60     N
34657916        9/1/2006           6              6    C/O Refi    N    N       0     N
34976597      00/00/0000           0              0    Purchase    N    N       0     Y
35082148      00/00/0000           0              0    C/O Refi    N    N       0     N
34378562        9/1/2006           6              6    Purchase    N    N       0     N
4000153787      9/1/2007           6              6    Purchase    N    Y      60     N
35077767        9/1/2007           6              6    Purchase    N    Y      60     N
33018243        9/1/2007           6              6    Purchase    N    N       0     N
34856963        9/1/2009           6              6    C/O Refi    N    Y      60     Y
34858043        9/1/2009           6              6    C/O Refi    N    Y      60     N
35074145        9/1/2007           6              6    Purchase    N    N       0     N
4000172517      9/1/2007           6              6    C/O Refi    N    N       0     N
34851402        9/1/2006           6              6    Purchase    N    N       0     N
34913624        9/1/2007           6              6    C/O Refi    N    Y      60     N
35067651        8/1/2007           6              6    Purchase    N    Y      60     N
34996850        9/1/2006           6              6    Purchase    N    Y      60     N
35116490        9/1/2006           6              6    R/T Refi    N    N       0     N
34958322        9/1/2006           6              6    C/O Refi    N    N       0     N
35222223        9/1/2006           6              6    Purchase    N    N       0     N
35112994      00/00/0000           0              0    C/O Refi    N    N       0     N
4000172605      9/1/2006           6              6    Purchase    N    Y      60     N
35080514        9/1/2007           6              6    Purchase    N    N       0     N
34529495        9/1/2009           6              6    Purchase    N    Y      60     N
4000159226    00/00/0000           0              0    Purchase    N    N       0     Y
33593310        8/1/2006           6              6    Purchase    N    N       0     N
34995829        9/1/2006           6              6    Purchase    N    N       0     Y
34850701        9/1/2006           6              6    C/O Refi    N    N       0     Y
35183995        9/1/2006           6              6    Purchase    N    Y      60     N
35344050        9/1/2007           6              6    Purchase    N    Y      60     N
35077171      00/00/0000           0              0    Purchase    N    N       0     N
35156801      00/00/0000           0              0    C/O Refi    N    N       0     N
35072511        8/1/2007           6              6    Purchase    N    Y      60     N
4000166737      9/1/2007           6              6    C/O Refi    N    Y      60     Y
35222322        9/1/2007           6              6    Purchase    N    N       0     Y
4000172212      9/1/2006           6              6    Purchase    N    Y      60     Y
4000162834      9/1/2009           6              6    R/T Refi    N    N       0     N
34894345        9/1/2006           6              6    Purchase    N    N       0     N
34646539        9/1/2006           6              6    C/O Refi    N    N       0     Y
35079771        9/1/2007           6              6    Purchase    N    Y      60     N
35231729      00/00/0000           0              0    C/O Refi    N    N       0     N
34920967        9/1/2007           6              6    R/T Refi    N    Y      60     N
35068998        9/1/2006           6              6    R/T Refi    N    Y      60     N
34888040        9/1/2006           6              6    Purchase    N    Y      60     N
34528331        9/1/2006           6              6    C/O Refi    N    Y      60     N
4000168086    00/00/0000           0              0    R/T Refi    N    N       0     Y
35013697        9/1/2007           6              6    Purchase    N    Y      60     N
34969774        9/1/2006           6              6    Purchase    N    N       0     N
34659185        9/1/2006           6              6    C/O Refi    N    N       0     N
34080945        9/1/2006           6              6    Purchase    N    Y      60     N
34987610        9/1/2006           6              6    Purchase    N    Y      60     N
35158666        9/1/2009           6              6    Purchase    N    Y      60     N
4000171886    00/00/0000           0              0    R/T Refi    N    Y      60     Y
34857367        8/1/2006           6              6    C/O Refi    N    N       0     N
34854133        9/1/2006           6              6    C/O Refi    N    N       0     N
4000165714      9/1/2006           6              6    Purchase    N    N       0     Y
35228642        9/1/2006           6              6    Purchase    N    Y      60     N
4000172894      9/1/2009           6              6    C/O Refi    N    Y      60     N
35232370        9/1/2006           6              6    Purchase    N    N       0     N
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
                                                          PROPERTY                    ORIGINAL ORIGINATION  FIRST PAY   MATURITY
  LOANID              CITY                 ZIP    STATE     TYPE       OCCUPANCY        TERM      DATE        DATE        DATE
--------------------------------------------------------------------------------------------------------------------------------
<S>           <C>                         <C>       <C>   <C>        <C>                <C>     <C>         <C>         <C>
34759506      ALEXANDRIA                  22305     VA       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
34068387      NORTH LAS VEGAS             89032     NV       PUD     Owner Occupied     360     7/26/2004    9/1/2004   8/1/2034
35113950      SAN ANTONIO                 78250     TX       PUD     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34797043      RIALTO                      92377     CA       SFR     Owner Occupied     360     7/23/2004    9/1/2004   8/1/2034
34973628      LOUISVILLE                  40245     KY       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
35207653      ESCONDIDO                   92025     CA       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
35029883      RANCHO CUCAMONGA            91730     CA       PUD     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
35080175      GREENSBORO                  27405     NC       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
4000169296    SAN JOSE                    95135     CA       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
35136332      CHICAGO                     60644     IL       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
35227024      MELBOURNE                   32935     FL       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
4000166180    NORTH CANTON                44720     OH       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
4000167820    MILTON                      32570     FL       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
4000146396    SACRAMENTO                  95823     CA       SFR     Owner Occupied     360     5/11/2004    7/1/2004   6/1/2034
35067297      GREENVILLE                  29605     SC       SFR     Owner Occupied     360      8/3/2004    9/1/2004   8/1/2034
35082577      CINCINNATI                  45212     OH       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
34249250      BIRMINGHAM                  35217     AL       SFR     Owner Occupied     360     6/10/2004    8/1/2004   7/1/2034
34419648      LAFAYETTE                   97127     OR       PUD     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
35363449      HIGHLAND                    84003     UT       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34856633      WAUCONDA                    60084     IL       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
4000173249    SAINT CLAIR SHORES          48081     MI       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35091792      CRIDERSVILLE                45806     OH       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34649970      CORALVILLE                  52241     IA       SFR     Investor           360      8/4/2004   10/1/2004   9/1/2034
35189992      COSTA MESA                  92626     CA       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
35156587      NEWNAN                      30263     GA       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35303882      LAS VEGAS                   89131     NV       PUD     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
4000056258    SPRINGFIELD                 65804     MO       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
4000169413    SACRAMENTO                  95820     CA       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34340042      MISSION VIEJO               92691     CA       SFR     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
34337261      COVINA                      91723     CA       PUD     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
4000175025    TOPSHAM                      4086     ME    Units 2-4  Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35142405      SCOTTDALE                   30079     GA       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
34938720      PORTLAND                    97211     OR       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
4000171053    CENTER LINE                 48015     MI       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
4000171827    BAKERSFIELD                 93312     CA       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
4000159955    TACOMA                      98405     WA       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34757153      BOWIE                       20715     MD       PUD     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
33763475      COLONIE                     12010     NY       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
35012533      THORNTON                    80241     CO       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35152669      AUBURN                      42206     KY       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
4000170291    LOS ANGELES                 91306     CA       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
34721316      CHINO HILLS                 91709     CA       PUD     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
4000169690    ROSEVILLE                   95747     CA       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
35345834      WALDORF                     20601     MD       PUD     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34643346      MILWAUKEE                   53215     WI    Units 2-4  Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34849844      MILAN                       61264     IL       SFR     Owner Occupied     360     7/27/2004   10/1/2004   9/1/2034
34240952      PHOENIX                     85042     AZ       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
35303387      NORTH LAS VEGAS             89031     NV       PUD     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
35069335      INMAN                       29349     SC       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
34981589      COLUMBUS                    43204     OH    Units 2-4  Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34854463      ROCKFORD                    61109     IL       SFR     Investor           360      8/6/2004   10/1/2004   9/1/2034
35073097      CHARLOTTE                   28205     NC       SFR     Owner Occupied     360      8/5/2004    9/1/2004   8/1/2034
34646414      JOLIET                      60435     IL       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
35227420      CASSELBERRY                 32707     FL       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35402866      NEWBERN                     38059     TN       SFR     Owner Occupied     180     8/26/2004   10/1/2004   9/1/2019
35266212      VICTORVILLE                 92392     CA       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
35306109      LAS VEGAS                   89119     NV       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35145416      JACKSON                     38305     TN       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
4000167307    MIAMI                       33176     FL       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
33872391      EAU CLAIRE                  54703     WI       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35264019      APPLE VALLEY                92307     CA       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
34952812      CRESTLINE                   92325     CA       SFR     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
4000176341    DES MOINES                  98198     WA       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
35107390      ASPEN                       81611     CO      Condo     Second Home       360      8/6/2004   10/1/2004   9/1/2034
4000173109    ROYAL OAK                   48067     MI       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
33781329      RYE                         10580     NY    Units 2-4  Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
34993709      MINNEAPOLIS                 55411     MN       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
4000164788    FAIRFIELD                   94533     CA       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
33972647      COMMERCE CITY               80022     CO    Units 2-4  Investor           360     8/20/2004   10/1/2004   9/1/2034
34701102      GREENACRES                  33463     FL       SFR     Investor           360     8/12/2004   10/1/2004   9/1/2034
4000166016    SACRAMENTO                  95829     CA       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35186360      NORCO                       92860     CA       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
35266402      HEMET                       92545     CA       PUD     Investor           360     8/20/2004   10/1/2004   9/1/2034
35268176      HEMET                       92545     CA       PUD     Investor           360     8/23/2004   10/1/2004   9/1/2034
4000174825    AUBURN                      95603     CA       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000168062    GAINESVILLE                 32614     FL       PUD      Second Home       360     8/27/2004   10/1/2004   9/1/2034
35155035      CANTON                      30114     GA       PUD     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35210103      WINCHESTER                  92596     CA       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
35132232      CHICAGO                     60631     IL       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34855254      SAINT JOSEPH                49085     MI       SFR     Owner Occupied     360     7/28/2004   10/1/2004   9/1/2034
34566414      DENVER                      80220     CO       SFR     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
35072370      CHARLOTTE                   28205     NC       SFR      Second Home       360      8/6/2004    9/1/2004   8/1/2034
34241117      EL MIRAGE                   85335     AZ       PUD     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
34988675      PLYMOUTH                    55442     MN       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
4000176370    LAKE WORTH                  33461     FL    Units 2-4  Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
35159573      NASHVILLE                   37206     TN       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
34868802      SCHENECTADY                 12307     NY       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
33753914      OLYMPIA                     98501     WA       SFR     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
4000174318    SYLMAR AREA                 91342     CA       PUD     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34864470      SOUTH RICHMOND HILL         11419     NY       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
4000168611    BRONX                       10466     NY       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
35150986      POWDER SPRINGS              30127     GA       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
4000155582    SAN CARLOS                  94070     CA       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
4000165058    SPOTSYLVANIA                22553     VA       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34995902      BLOOMINGTON                 55420     MN       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
4000171061    NAPLES                      34119     FL       PUD     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
4000162593    BIRMINGHAM                  35226     AL       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35159193      FOREST PARK                 30297     GA       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35122639      ROMEOVILLE                  60446     IL       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
35026970      CLAREMONT                   91711     CA       SFR     Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
35082775      STARBANE                    15363     PA       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
33016031      COLUMBUS                    47203     IN       SFR     Owner Occupied     360     7/27/2004   10/1/2004   9/1/2034
34716159      LA QUINTA                   92253     CA       PUD     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
4000164932    MOGADORE                    44260     OH       SFR     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
34525170      SPRINGDALE                  72762     AR       SFR     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034

<CAPTION>
                                                                                      ORIGINAL
                                                                                      COMBAINED
              REMAINING     ORIGINAL   SCHEDULED                       PAID THRU       LOAN TO      OTS
  LOANID        TERM        BALANCE     BALANCE      RATE      P&I        DATE          VALUE   DELINQUENCY INDEX       MARGIN
------------------------------------------------------------------------------------------------------------------------------
<S>              <C>      <C>         <C>           <C>     <C>        <C>              <C>        <C>       <C>        <C>
34759506         359      620,000.00  619,504.19    7.125   4,177.06   10/1/2004        65.96      0-29      6ML         5.25
34068387         358      224,000.00  223,641.44    7.375   1,547.12    9/1/2004           80      0-29      FIX            0
35113950         359      103,600.00  103,543.41        9     833.59   10/1/2004        94.18      0-29      FIX            0
34797043         358      315,000.00  315,000.00     6.75   1,771.88    9/1/2004           90      0-29      6ML         5.25
34973628         359      171,950.00  171,950.00    5.125     734.37   10/1/2004           80      0-29      6ML            4
35207653         359      558,000.00  558,000.00      6.5   3,022.50   10/1/2004           93      0-29      6ML        4.875
35029883         359      392,000.00  392,000.00      5.5   1,796.67   10/1/2004           80      0-29      6ML        3.625
35080175         359      114,450.00  114,380.66      8.5     880.03   10/1/2004        89.98      0-29      6ML         6.75
4000169296       359      550,000.00  549,549.09    6.999   3,658.79   10/1/2004        72.37      0-29      6ML         4.75
35136332         359      125,000.00  124,900.04    7.125     842.15   10/1/2004          100      0-29      6ML         5.75
35227024         359      131,750.00  131,681.69     9.25   1,083.88   10/1/2004        83.92      0-29      FIX            0
4000166180       359      110,000.00  109,931.63    8.375     836.08   10/1/2004        84.62      0-29      6ML         6.75
4000167820       359      112,200.00  112,133.76    8.625     872.68   10/1/2004           85      0-29      FIX            0
4000146396       356      203,950.00  203,950.00    4.875     828.55    9/1/2004           80      0-29      6ML        3.625
35067297         358       65,000.00   64,900.78    7.375     448.94   10/1/2004           80      0-29      6ML        5.625
35082577         359      165,000.00  164,889.06     7.99   1,209.57   10/1/2004          100      0-29      6ML        6.375
34249250         357       55,900.00   55,807.20     8.99     449.39    9/1/2004        79.97      0-29      6ML        7.125
34419648         359      108,000.00  108,000.00    6.125     551.25   10/1/2004           80      0-29      6ML            4
35363449         359      213,250.00  213,250.00     7.25   1,288.39   10/1/2004        99.65      0-29      6ML        5.375
34856633         359      341,850.00  341,593.39    7.875   2,478.65   10/1/2004        94.96      0-29      6ML         6.25
4000173249       359      162,000.00  162,000.00    5.999     809.86   10/1/2004           90      0-29      6ML        4.875
35091792         359       95,000.00   94,923.85    7.375     656.15   10/1/2004          100      0-29      6ML            6
34649970         359       66,600.00   66,545.40        7      443.1   10/1/2004           90      0-29      6ML         4.75
35189992         359      680,000.00  680,000.00     5.75   3,258.33   10/1/2004           80      0-29      6ML        3.375
35156587         359      120,000.00  119,919.48        8     880.52   10/1/2004           75      0-29      6ML        5.375
35303882         359      361,900.00  361,900.00     6.75   2,035.69   10/1/2004           85      0-29      6ML          5.5
4000056258       359       54,400.00   54,400.00    6.875     311.67   10/1/2004           80      0-29      6ML        4.875
4000169413       359      150,000.00  150,000.00     7.75     968.75   11/1/2004        67.26      0-29      6ML         5.25
34340042         359      450,000.00  449,621.94    6.875   2,956.19   10/1/2004           75      0-29      6ML          4.5
34337261         359      248,000.00  247,752.63     5.99   1,485.30   10/1/2004           80      0-29      6ML        4.375
4000175025       359      174,000.00  174,000.00    8.625   1,250.63   10/1/2004          100      0-29      6ML          6.5
35142405         359      129,600.00  129,406.19    7.625     917.31   10/1/2004        88.77      0-29      6ML        5.875
34938720         359      290,000.00  290,000.00    8.375   2,023.96   10/1/2004        93.55      0-29      6ML        6.375
4000171053       359      121,600.00  121,497.84    6.875     798.83   10/1/2004           95      0-29      6ML        5.625
4000171827       359      337,500.00  337,500.00        8   2,250.00   10/1/2004           90      0-29      6ML         6.25
4000159955       359      134,800.00  134,800.00     6.25     702.08   10/1/2004           80      0-29      6ML        4.125
34757153         359      152,150.00  152,028.32    7.125   1,025.07   10/1/2004           85      0-29      FIX            0
33763475         359       78,000.00   77,960.61    9.375     648.77   10/1/2004          100      0-29      6ML        5.125
35012533         359      163,520.00  163,520.00    6.125     834.63   10/1/2004           80      0-29      6ML        4.375
35152669         359       88,350.00   88,307.67    9.625     750.97   10/1/2004           95      0-29      6ML        5.875
4000170291       359      632,000.00  632,000.00    6.375   3,357.50   10/1/2004           80      0-29      6ML        3.625
34721316         359      900,000.00  900,000.00    6.125   4,593.75   10/1/2004           72      0-29      6ML          3.5
4000169690       359      384,000.00  384,000.00     6.25   2,000.00   10/1/2004           80      0-29      6ML        4.125
35345834         359      260,000.00  260,000.00    7.375   1,597.92   10/1/2004           80      0-29      6ML         5.75
34643346         359      141,900.00  141,814.04      8.5   1,091.09   10/1/2004          100      0-29      FIX            0
34849844         359      103,500.00  103,425.09    7.625     732.57   10/1/2004        84.84      0-29      6ML        5.875
34240952         359      160,000.00  160,000.00      6.5     866.67   10/1/2004           80      0-29      6ML        4.125
35303387         359      290,000.00  290,000.00    7.875   1,903.13   10/1/2004          100      0-29      6ML        5.875
35069335         359      104,000.00  103,901.32     6.25     640.35   10/1/2004           80      0-29      FIX            0
34981589         359       59,900.00   59,868.12    9.125     487.37   10/1/2004          100      0-29      FIX            0
34854463         359       42,400.00   42,368.53      7.5     296.47   10/1/2004        84.96      0-29      6ML         4.25
35073097         358       95,900.00   95,900.00    5.875     469.51   10/1/2004        79.98      0-29      6ML        3.625
34646414         359      123,500.00  123,412.83     7.75     884.77   10/1/2004        88.21      0-29      6ML            6
35227420         359      114,900.00  114,828.58    8.375     873.33   10/1/2004          100      0-29      6ML        6.375
35402866         179       72,105.00   71,910.11     8.75     720.66   10/1/2004           95      0-29      FIX            0
35266212         359      187,000.00  187,000.00     6.75   1,051.88   10/1/2004           85      0-29      6ML        5.375
35306109         359      222,500.00  222,215.57    6.625   1,424.70   10/1/2004        74.17      0-29      6ML        4.375
35145416         359       83,600.00   83,525.54    6.625      535.3   10/1/2004           80      0-29      6ML        4.875
4000167307       359      408,500.00  408,121.65    6.375   2,548.51   10/1/2004           95      0-29      6ML        5.125
33872391         359       93,500.00   93,452.78    9.375     777.69   10/1/2004           85      0-29      6ML        5.875
35264019         359      108,000.00  108,000.00      7.5        675   10/1/2004           90      0-29      6ML          5.5
34952812         358      260,000.00  260,000.00     5.75   1,245.83    9/1/2004           80      0-29      6ML        3.875
4000176341       359      183,750.00  183,603.06    7.125   1,237.96   10/1/2004           70      0-29      6ML        4.875
35107390         359      800,000.00  799,800.00    6.125   4,083.33   10/1/2004        58.18      0-29      6ML          3.5
4000173109       359      195,000.00  194,872.44    8.125   1,447.87   10/1/2004          100      0-29      6ML          6.5
33781329         359      680,000.00  679,442.61        7   4,524.06   10/1/2004           85      0-29      6ML        4.625
34993709         359      136,000.00  135,901.57    7.625      962.6   10/1/2004           80      0-29      6ML            4
4000164788       359      310,500.00  310,500.00    7.875   2,037.66   10/1/2004           90      0-29      6ML        5.875
33972647         359      114,100.00  114,017.41    7.625      807.6   10/1/2004           70      0-29      6ML         5.25
34701102         359      157,500.00  157,500.00    7.125     935.16   10/1/2004           90      0-29      6ML            5
4000166016       359      250,400.00  250,400.00    5.875   1,225.92   10/1/2004           80      0-29      6ML            4
35186360         359      303,900.00  303,900.00      5.5   1,392.88   10/1/2004        79.99      0-29      6ML        3.375
35266402         359      115,200.00  115,200.00     6.75        648   10/1/2004           90      0-29      6ML          4.5
35268176         359      115,200.00  115,200.00     6.75        648   10/1/2004           90      0-29      6ML          4.5
4000174825       359      510,000.00  509,999.99    6.625   2,815.62   10/1/2004        87.93      0-29      6ML          5.5
4000168062       359       80,550.00   80,488.71    7.375     556.34   10/1/2004           90      0-29      6ML        4.625
35155035         359      112,880.00  112,880.00    6.375     599.68   10/1/2004           80      0-29      6ML         4.25
35210103         359      404,250.00  404,250.00    7.875   2,652.89   10/1/2004        89.99      0-29      6ML        6.125
35132232         359      340,000.00  339,766.01    7.875   2,465.24   10/1/2004          100      0-29      6ML         5.75
34855254         359      337,250.00  337,005.90    7.625   2,387.04   10/1/2004           95      0-29      6ML         6.25
34566414         358      134,000.00  133,976.97     6.75     753.75    9/1/2004         85.9      0-29      6ML        5.375
35072370         358       98,800.00   98,800.00        8     658.67    9/1/2004        89.98      0-29      6ML        6.125
34241117         359       98,400.00   98,400.00    6.125     502.25   10/1/2004           80      0-29      6ML            4
34988675         359      258,000.00  258,000.00    7.875   1,693.13   10/1/2004          100      0-29      6ML         6.25
4000176370       359      220,000.00  220,000.00     6.75   1,237.50   10/1/2004          100      0-29      6ML          5.5
35159573         359       89,360.00   89,360.00    6.875     511.96   10/1/2004           80      0-29      6ML        4.875
34868802         359       45,000.00   44,969.02    7.875     326.29   10/1/2004          100      0-29      FIX            0
33753914         359      107,900.00  107,813.71    7.125     726.95   10/1/2004        69.61      0-29      6ML         4.75
4000174318       359      540,000.00  540,000.00    7.375   3,318.75   10/1/2004           90      0-29      6ML        5.375
34864470         359      288,000.00  287,786.26      7.5   2,013.74   10/1/2004           90      0-29      FIX            0
4000168611       359      240,000.00  239,803.27        7   1,596.73   10/1/2004           80      0-29      6ML        5.125
35150986         359      112,000.00  112,000.00     8.25        770   10/1/2004           80      0-29      6ML        6.125
4000155582       359      480,000.00  480,000.00    6.375   2,550.00   10/1/2004           80      0-29      6ML            4
4000165058       359      280,000.00  280,000.00    5.875   1,370.83   10/1/2004           80      0-29      6ML        4.125
34995902         359      157,600.00  157,600.00    6.125     804.42   10/1/2004           80      0-29      6ML         4.25
4000171061       359      159,900.00  159,778.33    7.375   1,104.39   10/1/2004        79.99      0-29      6ML         4.75
4000162593       359      184,000.00  184,000.00    6.999   1,073.18   10/1/2004        92.93      0-29      6ML            5
35159193         359       74,400.00   74,400.00    6.625     410.75   10/1/2004           80      0-29      6ML        4.625
35122639         359      238,000.00  238,000.00     7.25   1,437.92   10/1/2004         84.4      0-29      6ML        5.625
35026970         358      356,000.00  355,322.66     6.25   2,191.96    9/1/2004           80      0-29      6ML         4.75
35082775         359      149,500.00  149,407.08    8.375   1,136.31   10/1/2004          100      0-29      6ML          5.5
33016031         359       68,000.00   67,946.95     7.25     463.88   10/1/2004        75.56      0-29      6ML        5.125
34716159         359      648,000.00  648,000.00    6.625   3,577.50   10/1/2004           80      0-29      6ML         4.75
4000164932       358      150,100.00  149,865.10     7.25   1,023.95    9/1/2004           95      0-29      6ML            6
34525170         359       77,900.00   77,842.19      7.5     544.69   10/1/2004           95      0-29      FIX            0

<CAPTION>
             INITIAL  PERIODIC                           PREPAYMENT
  LOANID       CAP      CAP       FLOOR    CEILING          TERM                                PREPAYMENT PENALTY
--------------------------------------------------------------------------------------------------------------------------
<S>             <C>      <C>      <C>       <C>              <C>                        <C>
34759506        3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
34068387        0        0            0          0           36                              6 mo.s interest less 20% obal
35113950        0        0            0          0           36                              6 mo.s interest less 20% obal
34797043        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
34973628        1        1        5.125     11.125           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35207653        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
35029883        3        1          5.5       11.5           24                              6 mo.s interest less 20% obal
35080175        3        1          8.5       14.5            0                                                       None
4000169296      3        1        6.999     12.999           24                              6 mo.s interest less 20% obal
35136332        3        1        7.125     13.125           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35227024        0        0            0          0           36                              6 mo.s interest less 20% obal
4000166180      3        1        8.375     14.375           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000167820      0        0            0          0           36                              6 mo.s interest less 20% obal
4000146396      3        1        4.875     10.875           24                              6 mo.s interest less 20% obal
35067297        3        1        7.375     13.375            0                                                       None
35082577        3        1         7.99      13.99           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34249250        3        1         8.99      14.99           24                              6 mo.s interest less 20% obal
34419648        3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
35363449        3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
34856633        3        1        7.875     13.875           12                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000173249      3        1        5.999     11.999           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35091792        3        1        7.375     13.375           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34649970        3        1            7         13           24                              6 mo.s interest less 20% obal
35189992        3        1         5.75      11.75           24                              6 mo.s interest less 20% obal
35156587        3        1            8         14            0                                                       None
35303882        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
4000056258      3        1        6.875     12.875           24                                                 2% prepaid
4000169413      3        1         7.75      13.75           24                              6 mo.s interest less 20% obal
34340042        3        1        6.875     12.875           36                              6 mo.s interest less 20% obal
34337261        3        1         5.99      11.99           36                              6 mo.s interest less 20% obal
4000175025      3        1        8.625     14.625            0                                                       None
35142405        3        1        7.625     13.625            0                                                       None
34938720        3        1        8.375     14.375           12                              6 mo.s interest less 20% obal
4000171053      3        1        6.875     12.875           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000171827      3        1            8         14           24                              6 mo.s interest less 20% obal
4000159955      3        1         6.25      12.25           36                              6 mo.s interest less 20% obal
34757153        0        0            0          0            0                                                       None
33763475        3        1        9.375     15.375           12                              3%/2%/1%-1st yr/2nd yr/3rd yr
35012533        3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
35152669        3        1        9.625     15.625           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000170291      3        1        6.375     12.375            0                                                       None
34721316        3        1        6.125     12.125           36                              6 mo.s interest less 20% obal
4000169690      3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
35345834        3        1        7.375     13.375           24                              6 mo.s interest less 20% obal
34643346        0        0            0          0           36                              6 mo.s interest less 20% obal
34849844        3        1        7.625     13.625           12                              3%/2%/1%-1st yr/2nd yr/3rd yr
34240952        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
35303387        3        1        7.875     13.875           24                              6 mo.s interest less 20% obal
35069335        0        0            0          0            0                                                       None
34981589        0        0            0          0           36                                                 1% prepaid
34854463        3        1          7.5       13.5           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35073097        3        1        5.875     11.875            0                                                       None
34646414        3        1         7.75      13.75           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35227420        3        1        8.375     14.375           24                              6 mo.s interest less 20% obal
35402866        0        0            0          0           36                              6 mo.s interest less 20% obal
35266212        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
35306109        3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
35145416        3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
4000167307      3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
33872391        3        1        9.375     15.375           24                              6 mo.s interest less 20% obal
35264019        3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
34952812        3        1         5.75      11.75           36                              6 mo.s interest less 20% obal
4000176341      3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
35107390        3        1        6.125     12.125           36                              6 mo.s interest less 20% obal
4000173109      3        1        8.125     14.125           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
33781329        3        1            7         13            0                                                       None
34993709        3        1        7.625     13.625           36                         min (2% prepaid, 60 days interest)
4000164788      3        1        7.875     13.875           24                              6 mo.s interest less 20% obal
33972647        3        1        7.625     13.625           24                              6 mo.s interest less 20% obal
34701102        3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
4000166016      3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
35186360        3        1          5.5       11.5           36                              6 mo.s interest less 20% obal
35266402        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
35268176        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
4000174825      3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
4000168062      3        1        7.375     13.375           24                              6 mo.s interest less 20% obal
35155035        3        1        6.375     12.375            0                                                       None
35210103        3        1        7.875     13.875           24                              6 mo.s interest less 20% obal
35132232        3        1        7.875     13.875           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34855254        3        1        7.625     13.625           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34566414        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
35072370        3        1            8         14            0                                                       None
34241117        3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
34988675        3        1        7.875     13.875           24                         min (2% prepaid, 60 days interest)
4000176370      3        1         6.75      12.75           36                              6 mo.s interest less 20% obal
35159573        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
34868802        0        0            0          0           12                              6 mo.s interest less 20% obal
33753914        3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
4000174318      3        1        7.375     13.375           12                              6 mo.s interest less 20% obal
34864470        0        0            0          0           12                              6 mo.s interest less 20% obal
4000168611      3        1            7         13            0                                                       None
35150986        3        1         8.25      14.25            0                                                       None
4000155582      3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
4000165058      3        1        5.875     11.875           36                              6 mo.s interest less 20% obal
34995902        3        1        6.125     12.125           24                         min (2% prepaid, 60 days interest)
4000171061      3        1        7.375     13.375           24                              6 mo.s interest less 20% obal
4000162593      3        1        6.999     12.999           24                              6 mo.s interest less 20% obal
35159193        3        1        6.625     12.625            0                                                       None
35122639        3        1         7.25      13.25           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35026970        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
35082775        3        1        8.375     14.375           24                              6 mo.s interest less 20% obal
33016031        3        1         7.25      13.25           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34716159        3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
4000164932      3        1         7.25      13.25           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34525170        0        0            0          0           36                              3%/2%/1%-1st yr/2nd yr/3rd yr

<CAPTION>
                                              PAYMENT
              FIRST RATE      RATE RESET       RESET                                  MI
  LOANID      RESET DATE       FREQUENCY     FREQUENCY  PURPOSE   DIV  IO    IOTERM  FLAG
-----------------------------------------------------------------------------------------
<S>           <C>                  <C>            <C>  <C>         <C>  <C>    <C>    <C>
34759506        9/1/2006           6              6    C/O Refi    N    N       0     N
34068387      00/00/0000           0              0    C/O Refi    N    N       0     N
35113950      00/00/0000           0              0    R/T Refi    N    N       0     Y
34797043        8/1/2006           6              6    C/O Refi    N    Y      60     Y
34973628        3/1/2005           6              6    Purchase    N    Y      60     N
35207653        9/1/2006           6              6    C/O Refi    N    Y      60     Y
35029883        9/1/2006           6              6    Purchase    N    Y      60     N
35080175        9/1/2006           6              6    Purchase    N    N       0     Y
4000169296      9/1/2006           6              6    C/O Refi    N    N       0     N
35136332        9/1/2006           6              6    Purchase    N    N       0     Y
35227024      00/00/0000           0              0    C/O Refi    N    N       0     Y
4000166180      9/1/2006           6              6    C/O Refi    N    N       0     Y
4000167820    00/00/0000           0              0    R/T Refi    N    N       0     N
4000146396      6/1/2006           6              6    Purchase    N    Y      60     N
35067297        8/1/2006           6              6    Purchase    N    N       0     N
35082577        9/1/2006           6              6    C/O Refi    N    N       0     N
34249250        7/1/2006           6              6    Purchase    N    N       0     N
34419648        9/1/2006           6              6    Purchase    N    Y      60     N
35363449        9/1/2006           6              6    R/T Refi    N    Y      60     N
34856633        9/1/2006           6              6    Purchase    N    N       0     Y
4000173249      9/1/2006           6              6    R/T Refi    N    Y      60     Y
35091792        9/1/2006           6              6    Purchase    N    N       0     N
34649970        9/1/2006           6              6    Purchase    N    N       0     Y
35189992        9/1/2006           6              6    Purchase    N    Y      60     N
35156587        9/1/2007           6              6    C/O Refi    N    N       0     N
35303882        9/1/2006           6              6    Purchase    N    Y      60     N
4000056258      9/1/2006           6              6    Purchase    N    Y      60     N
4000169413      9/1/2006           6              6    C/O Refi    N    Y      60     N
34340042        9/1/2009           6              6    C/O Refi    N    N       0     N
34337261        9/1/2007           6              6    Purchase    N    N       0     N
4000175025      9/1/2006           6              6    Purchase    N    Y      60     N
35142405        9/1/2006           6              6    C/O Refi    N    N       0     Y
34938720        9/1/2006           6              6    C/O Refi    N    Y      60     Y
4000171053      9/1/2006           6              6    C/O Refi    N    N       0     Y
4000171827      9/1/2006           6              6    Purchase    N    Y      60     N
4000159955      9/1/2009           6              6    Purchase    N    Y      60     N
34757153      00/00/0000           0              0    C/O Refi    N    N       0     Y
33763475        9/1/2006           6              6    Purchase    N    N       0     N
35012533        9/1/2006           6              6    Purchase    N    Y      60     N
35152669        9/1/2006           6              6    Purchase    N    N       0     Y
4000170291      9/1/2006           6              6    C/O Refi    N    Y      60     N
34721316        9/1/2007           6              6    Purchase    N    Y      60     N
4000169690      9/1/2006           6              6    C/O Refi    N    Y      60     N
35345834        9/1/2006           6              6    Purchase    N    Y      60     N
34643346      00/00/0000           0              0    Purchase    N    N       0     N
34849844        9/1/2006           6              6    C/O Refi    N    N       0     N
34240952        9/1/2009           6              6    Purchase    N    Y      60     N
35303387        9/1/2006           6              6    Purchase    N    Y      60     N
35069335      00/00/0000           0              0    Purchase    N    N       0     N
34981589      00/00/0000           0              0    Purchase    N    N       0     N
34854463        9/1/2006           6              6    Purchase    N    N       0     Y
35073097        8/1/2007           6              6    Purchase    N    Y      60     N
34646414        9/1/2006           6              6    C/O Refi    N    N       0     Y
35227420        9/1/2006           6              6    Purchase    N    N       0     N
35402866      00/00/0000           0              0    C/O Refi    N    N       0     Y
35266212        9/1/2006           6              6    Purchase    N    Y      60     N
35306109        9/1/2006           6              6    C/O Refi    N    N       0     N
35145416        9/1/2006           6              6    Purchase    N    N       0     N
4000167307      9/1/2006           6              6    R/T Refi    N    N       0     Y
33872391        9/1/2006           6              6    R/T Refi    N    N       0     N
35264019        9/1/2006           6              6    C/O Refi    N    Y      60     N
34952812        8/1/2007           6              6    Purchase    N    Y      60     N
4000176341      9/1/2006           6              6    Purchase    N    N       0     N
35107390        9/1/2007           6              6    Purchase    N    Y      60     N
4000173109      9/1/2006           6              6    R/T Refi    N    N       0     N
33781329        9/1/2007           6              6    Purchase    N    N       0     Y
34993709        9/1/2006           6              6    C/O Refi    N    N       0     N
4000164788      9/1/2006           6              6    C/O Refi    N    Y      60     N
33972647        9/1/2006           6              6    C/O Refi    N    N       0     N
34701102        9/1/2006           6              6    Purchase    N    Y      60     Y
4000166016      9/1/2006           6              6    Purchase    N    Y      60     N
35186360        9/1/2009           6              6    Purchase    N    Y      60     N
35266402        9/1/2006           6              6    Purchase    N    Y      60     Y
35268176        9/1/2006           6              6    Purchase    N    Y      60     Y
4000174825      9/1/2006           6              6    C/O Refi    N    Y      60     N
4000168062      9/1/2006           6              6    Purchase    N    N       0     Y
35155035        9/1/2006           6              6    Purchase    N    Y      60     N
35210103        9/1/2006           6              6    Purchase    N    Y      60     N
35132232        9/1/2006           6              6    Purchase    N    N       0     N
34855254        9/1/2006           6              6    C/O Refi    N    N       0     Y
34566414        8/1/2006           6              6    C/O Refi    N    Y      60     N
35072370        8/1/2007           6              6    Purchase    N    Y      60     Y
34241117        9/1/2006           6              6    Purchase    N    Y      60     N
34988675        9/1/2006           6              6    Purchase    N    Y      60     N
4000176370      9/1/2006           6              6    Purchase    N    Y      60     N
35159573        9/1/2006           6              6    Purchase    N    Y      60     N
34868802      00/00/0000           0              0    C/O Refi    N    N       0     N
33753914        9/1/2006           6              6    C/O Refi    N    N       0     N
4000174318      9/1/2006           6              6    C/O Refi    N    Y      60     Y
34864470      00/00/0000           0              0    Purchase    N    N       0     Y
4000168611      9/1/2006           6              6    C/O Refi    N    N       0     N
35150986        9/1/2007           6              6    Purchase    N    Y      60     N
4000155582      9/1/2009           6              6    Purchase    N    Y      60     N
4000165058      9/1/2007           6              6    Purchase    N    Y      60     N
34995902        9/1/2006           6              6    Purchase    N    Y      60     N
4000171061      9/1/2006           6              6    Purchase    N    N       0     N
4000162593      9/1/2009           6              6    R/T Refi    N    Y      60     Y
35159193        9/1/2007           6              6    Purchase    N    Y      60     N
35122639        9/1/2006           6              6    C/O Refi    N    Y      60     N
35026970        8/1/2006           6              6    Purchase    N    N       0     N
35082775        9/1/2006           6              6    Purchase    N    N       0     Y
33016031        9/1/2006           6              6    C/O Refi    N    N       0     N
34716159        9/1/2006           6              6    Purchase    N    Y      60     N
4000164932      8/1/2007           6              6    C/O Refi    N    N       0     Y
34525170      00/00/0000           0              0    C/O Refi    N    N       0     Y
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
                                                          PROPERTY                    ORIGINAL ORIGINATION  FIRST PAY   MATURITY
  LOANID              CITY                 ZIP    STATE     TYPE       OCCUPANCY        TERM      DATE        DATE        DATE
--------------------------------------------------------------------------------------------------------------------------------
<S>           <C>                         <C>       <C>   <C>        <C>                <C>     <C>         <C>         <C>
34759506      ALEXANDRIA                  22305     VA       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
34068387      NORTH LAS VEGAS             89032     NV       PUD     Owner Occupied     360     7/26/2004    9/1/2004   8/1/2034
35113950      SAN ANTONIO                 78250     TX       PUD     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34797043      RIALTO                      92377     CA       SFR     Owner Occupied     360     7/23/2004    9/1/2004   8/1/2034
34973628      LOUISVILLE                  40245     KY       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
35207653      ESCONDIDO                   92025     CA       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
35029883      RANCHO CUCAMONGA            91730     CA       PUD     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
35080175      GREENSBORO                  27405     NC       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
4000169296    SAN JOSE                    95135     CA       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
35136332      CHICAGO                     60644     IL       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
35227024      MELBOURNE                   32935     FL       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
4000166180    NORTH CANTON                44720     OH       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
4000167820    MILTON                      32570     FL       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
4000146396    SACRAMENTO                  95823     CA       SFR     Owner Occupied     360     5/11/2004    7/1/2004   6/1/2034
35067297      GREENVILLE                  29605     SC       SFR     Owner Occupied     360      8/3/2004    9/1/2004   8/1/2034
35082577      CINCINNATI                  45212     OH       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
34249250      BIRMINGHAM                  35217     AL       SFR     Owner Occupied     360     6/10/2004    8/1/2004   7/1/2034
34419648      LAFAYETTE                   97127     OR       PUD     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
35363449      HIGHLAND                    84003     UT       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34856633      WAUCONDA                    60084     IL       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
4000173249    SAINT CLAIR SHORES          48081     MI       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35091792      CRIDERSVILLE                45806     OH       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34649970      CORALVILLE                  52241     IA       SFR     Investor           360      8/4/2004   10/1/2004   9/1/2034
35189992      COSTA MESA                  92626     CA       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
35156587      NEWNAN                      30263     GA       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35303882      LAS VEGAS                   89131     NV       PUD     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
4000056258    SPRINGFIELD                 65804     MO       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
4000169413    SACRAMENTO                  95820     CA       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34340042      MISSION VIEJO               92691     CA       SFR     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
34337261      COVINA                      91723     CA       PUD     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
4000175025    TOPSHAM                      4086     ME    Units 2-4  Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35142405      SCOTTDALE                   30079     GA       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
34938720      PORTLAND                    97211     OR       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
4000171053    CENTER LINE                 48015     MI       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
4000171827    BAKERSFIELD                 93312     CA       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
4000159955    TACOMA                      98405     WA       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34757153      BOWIE                       20715     MD       PUD     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
33763475      COLONIE                     12010     NY       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
35012533      THORNTON                    80241     CO       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35152669      AUBURN                      42206     KY       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
4000170291    LOS ANGELES                 91306     CA       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
34721316      CHINO HILLS                 91709     CA       PUD     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
4000169690    ROSEVILLE                   95747     CA       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
35345834      WALDORF                     20601     MD       PUD     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34643346      MILWAUKEE                   53215     WI    Units 2-4  Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34849844      MILAN                       61264     IL       SFR     Owner Occupied     360     7/27/2004   10/1/2004   9/1/2034
34240952      PHOENIX                     85042     AZ       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
35303387      NORTH LAS VEGAS             89031     NV       PUD     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
35069335      INMAN                       29349     SC       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
34981589      COLUMBUS                    43204     OH    Units 2-4  Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34854463      ROCKFORD                    61109     IL       SFR     Investor           360      8/6/2004   10/1/2004   9/1/2034
35073097      CHARLOTTE                   28205     NC       SFR     Owner Occupied     360      8/5/2004    9/1/2004   8/1/2034
34646414      JOLIET                      60435     IL       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
35227420      CASSELBERRY                 32707     FL       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35402866      NEWBERN                     38059     TN       SFR     Owner Occupied     180     8/26/2004   10/1/2004   9/1/2019
35266212      VICTORVILLE                 92392     CA       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
35306109      LAS VEGAS                   89119     NV       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35145416      JACKSON                     38305     TN       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
4000167307    MIAMI                       33176     FL       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
33872391      EAU CLAIRE                  54703     WI       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35264019      APPLE VALLEY                92307     CA       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
34952812      CRESTLINE                   92325     CA       SFR     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
4000176341    DES MOINES                  98198     WA       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
35107390      ASPEN                       81611     CO      Condo     Second Home       360      8/6/2004   10/1/2004   9/1/2034
4000173109    ROYAL OAK                   48067     MI       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
33781329      RYE                         10580     NY    Units 2-4  Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
34993709      MINNEAPOLIS                 55411     MN       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
4000164788    FAIRFIELD                   94533     CA       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
33972647      COMMERCE CITY               80022     CO    Units 2-4  Investor           360     8/20/2004   10/1/2004   9/1/2034
34701102      GREENACRES                  33463     FL       SFR     Investor           360     8/12/2004   10/1/2004   9/1/2034
4000166016    SACRAMENTO                  95829     CA       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35186360      NORCO                       92860     CA       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
35266402      HEMET                       92545     CA       PUD     Investor           360     8/20/2004   10/1/2004   9/1/2034
35268176      HEMET                       92545     CA       PUD     Investor           360     8/23/2004   10/1/2004   9/1/2034
4000174825    AUBURN                      95603     CA       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000168062    GAINESVILLE                 32614     FL       PUD      Second Home       360     8/27/2004   10/1/2004   9/1/2034
35155035      CANTON                      30114     GA       PUD     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35210103      WINCHESTER                  92596     CA       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
35132232      CHICAGO                     60631     IL       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34855254      SAINT JOSEPH                49085     MI       SFR     Owner Occupied     360     7/28/2004   10/1/2004   9/1/2034
34566414      DENVER                      80220     CO       SFR     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
35072370      CHARLOTTE                   28205     NC       SFR      Second Home       360      8/6/2004    9/1/2004   8/1/2034
34241117      EL MIRAGE                   85335     AZ       PUD     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
34988675      PLYMOUTH                    55442     MN       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
4000176370    LAKE WORTH                  33461     FL    Units 2-4  Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
35159573      NASHVILLE                   37206     TN       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
34868802      SCHENECTADY                 12307     NY       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
33753914      OLYMPIA                     98501     WA       SFR     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
4000174318    SYLMAR AREA                 91342     CA       PUD     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34864470      SOUTH RICHMOND HILL         11419     NY       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
4000168611    BRONX                       10466     NY       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
35150986      POWDER SPRINGS              30127     GA       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
4000155582    SAN CARLOS                  94070     CA       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
4000165058    SPOTSYLVANIA                22553     VA       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34995902      BLOOMINGTON                 55420     MN       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
4000171061    NAPLES                      34119     FL       PUD     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
4000162593    BIRMINGHAM                  35226     AL       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35159193      FOREST PARK                 30297     GA       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35122639      ROMEOVILLE                  60446     IL       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
35026970      CLAREMONT                   91711     CA       SFR     Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
35082775      STARBANE                    15363     PA       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
33016031      COLUMBUS                    47203     IN       SFR     Owner Occupied     360     7/27/2004   10/1/2004   9/1/2034
34716159      LA QUINTA                   92253     CA       PUD     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
4000164932    MOGADORE                    44260     OH       SFR     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
34525170      SPRINGDALE                  72762     AR       SFR     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034

<CAPTION>
                                                                                      ORIGINAL
                                                                                      COMBAINED
              REMAINING     ORIGINAL   SCHEDULED                       PAID THRU       LOAN TO      OTS
  LOANID        TERM        BALANCE     BALANCE      RATE      P&I        DATE          VALUE   DELINQUENCY INDEX       MARGIN
------------------------------------------------------------------------------------------------------------------------------
<S>              <C>      <C>         <C>           <C>     <C>        <C>              <C>        <C>       <C>        <C>
34759506         359      620,000.00  619,504.19    7.125   4,177.06   10/1/2004        65.96      0-29      6ML         5.25
34068387         358      224,000.00  223,641.44    7.375   1,547.12    9/1/2004           80      0-29      FIX            0
35113950         359      103,600.00  103,543.41        9     833.59   10/1/2004        94.18      0-29      FIX            0
34797043         358      315,000.00  315,000.00     6.75   1,771.88    9/1/2004           90      0-29      6ML         5.25
34973628         359      171,950.00  171,950.00    5.125     734.37   10/1/2004           80      0-29      6ML            4
35207653         359      558,000.00  558,000.00      6.5   3,022.50   10/1/2004           93      0-29      6ML        4.875
35029883         359      392,000.00  392,000.00      5.5   1,796.67   10/1/2004           80      0-29      6ML        3.625
35080175         359      114,450.00  114,380.66      8.5     880.03   10/1/2004        89.98      0-29      6ML         6.75
4000169296       359      550,000.00  549,549.09    6.999   3,658.79   10/1/2004        72.37      0-29      6ML         4.75
35136332         359      125,000.00  124,900.04    7.125     842.15   10/1/2004          100      0-29      6ML         5.75
35227024         359      131,750.00  131,681.69     9.25   1,083.88   10/1/2004        83.92      0-29      FIX            0
4000166180       359      110,000.00  109,931.63    8.375     836.08   10/1/2004        84.62      0-29      6ML         6.75
4000167820       359      112,200.00  112,133.76    8.625     872.68   10/1/2004           85      0-29      FIX            0
4000146396       356      203,950.00  203,950.00    4.875     828.55    9/1/2004           80      0-29      6ML        3.625
35067297         358       65,000.00   64,900.78    7.375     448.94   10/1/2004           80      0-29      6ML        5.625
35082577         359      165,000.00  164,889.06     7.99   1,209.57   10/1/2004          100      0-29      6ML        6.375
34249250         357       55,900.00   55,807.20     8.99     449.39    9/1/2004        79.97      0-29      6ML        7.125
34419648         359      108,000.00  108,000.00    6.125     551.25   10/1/2004           80      0-29      6ML            4
35363449         359      213,250.00  213,250.00     7.25   1,288.39   10/1/2004        99.65      0-29      6ML        5.375
34856633         359      341,850.00  341,593.39    7.875   2,478.65   10/1/2004        94.96      0-29      6ML         6.25
4000173249       359      162,000.00  162,000.00    5.999     809.86   10/1/2004           90      0-29      6ML        4.875
35091792         359       95,000.00   94,923.85    7.375     656.15   10/1/2004          100      0-29      6ML            6
34649970         359       66,600.00   66,545.40        7      443.1   10/1/2004           90      0-29      6ML         4.75
35189992         359      680,000.00  680,000.00     5.75   3,258.33   10/1/2004           80      0-29      6ML        3.375
35156587         359      120,000.00  119,919.48        8     880.52   10/1/2004           75      0-29      6ML        5.375
35303882         359      361,900.00  361,900.00     6.75   2,035.69   10/1/2004           85      0-29      6ML          5.5
4000056258       359       54,400.00   54,400.00    6.875     311.67   10/1/2004           80      0-29      6ML        4.875
4000169413       359      150,000.00  150,000.00     7.75     968.75   11/1/2004        67.26      0-29      6ML         5.25
34340042         359      450,000.00  449,621.94    6.875   2,956.19   10/1/2004           75      0-29      6ML          4.5
34337261         359      248,000.00  247,752.63     5.99   1,485.30   10/1/2004           80      0-29      6ML        4.375
4000175025       359      174,000.00  174,000.00    8.625   1,250.63   10/1/2004          100      0-29      6ML          6.5
35142405         359      129,600.00  129,406.19    7.625     917.31   10/1/2004        88.77      0-29      6ML        5.875
34938720         359      290,000.00  290,000.00    8.375   2,023.96   10/1/2004        93.55      0-29      6ML        6.375
4000171053       359      121,600.00  121,497.84    6.875     798.83   10/1/2004           95      0-29      6ML        5.625
4000171827       359      337,500.00  337,500.00        8   2,250.00   10/1/2004           90      0-29      6ML         6.25
4000159955       359      134,800.00  134,800.00     6.25     702.08   10/1/2004           80      0-29      6ML        4.125
34757153         359      152,150.00  152,028.32    7.125   1,025.07   10/1/2004           85      0-29      FIX            0
33763475         359       78,000.00   77,960.61    9.375     648.77   10/1/2004          100      0-29      6ML        5.125
35012533         359      163,520.00  163,520.00    6.125     834.63   10/1/2004           80      0-29      6ML        4.375
35152669         359       88,350.00   88,307.67    9.625     750.97   10/1/2004           95      0-29      6ML        5.875
4000170291       359      632,000.00  632,000.00    6.375   3,357.50   10/1/2004           80      0-29      6ML        3.625
34721316         359      900,000.00  900,000.00    6.125   4,593.75   10/1/2004           72      0-29      6ML          3.5
4000169690       359      384,000.00  384,000.00     6.25   2,000.00   10/1/2004           80      0-29      6ML        4.125
35345834         359      260,000.00  260,000.00    7.375   1,597.92   10/1/2004           80      0-29      6ML         5.75
34643346         359      141,900.00  141,814.04      8.5   1,091.09   10/1/2004          100      0-29      FIX            0
34849844         359      103,500.00  103,425.09    7.625     732.57   10/1/2004        84.84      0-29      6ML        5.875
34240952         359      160,000.00  160,000.00      6.5     866.67   10/1/2004           80      0-29      6ML        4.125
35303387         359      290,000.00  290,000.00    7.875   1,903.13   10/1/2004          100      0-29      6ML        5.875
35069335         359      104,000.00  103,901.32     6.25     640.35   10/1/2004           80      0-29      FIX            0
34981589         359       59,900.00   59,868.12    9.125     487.37   10/1/2004          100      0-29      FIX            0
34854463         359       42,400.00   42,368.53      7.5     296.47   10/1/2004        84.96      0-29      6ML         4.25
35073097         358       95,900.00   95,900.00    5.875     469.51   10/1/2004        79.98      0-29      6ML        3.625
34646414         359      123,500.00  123,412.83     7.75     884.77   10/1/2004        88.21      0-29      6ML            6
35227420         359      114,900.00  114,828.58    8.375     873.33   10/1/2004          100      0-29      6ML        6.375
35402866         179       72,105.00   71,910.11     8.75     720.66   10/1/2004           95      0-29      FIX            0
35266212         359      187,000.00  187,000.00     6.75   1,051.88   10/1/2004           85      0-29      6ML        5.375
35306109         359      222,500.00  222,215.57    6.625   1,424.70   10/1/2004        74.17      0-29      6ML        4.375
35145416         359       83,600.00   83,525.54    6.625      535.3   10/1/2004           80      0-29      6ML        4.875
4000167307       359      408,500.00  408,121.65    6.375   2,548.51   10/1/2004           95      0-29      6ML        5.125
33872391         359       93,500.00   93,452.78    9.375     777.69   10/1/2004           85      0-29      6ML        5.875
35264019         359      108,000.00  108,000.00      7.5        675   10/1/2004           90      0-29      6ML          5.5
34952812         358      260,000.00  260,000.00     5.75   1,245.83    9/1/2004           80      0-29      6ML        3.875
4000176341       359      183,750.00  183,603.06    7.125   1,237.96   10/1/2004           70      0-29      6ML        4.875
35107390         359      800,000.00  799,800.00    6.125   4,083.33   10/1/2004        58.18      0-29      6ML          3.5
4000173109       359      195,000.00  194,872.44    8.125   1,447.87   10/1/2004          100      0-29      6ML          6.5
33781329         359      680,000.00  679,442.61        7   4,524.06   10/1/2004           85      0-29      6ML        4.625
34993709         359      136,000.00  135,901.57    7.625      962.6   10/1/2004           80      0-29      6ML            4
4000164788       359      310,500.00  310,500.00    7.875   2,037.66   10/1/2004           90      0-29      6ML        5.875
33972647         359      114,100.00  114,017.41    7.625      807.6   10/1/2004           70      0-29      6ML         5.25
34701102         359      157,500.00  157,500.00    7.125     935.16   10/1/2004           90      0-29      6ML            5
4000166016       359      250,400.00  250,400.00    5.875   1,225.92   10/1/2004           80      0-29      6ML            4
35186360         359      303,900.00  303,900.00      5.5   1,392.88   10/1/2004        79.99      0-29      6ML        3.375
35266402         359      115,200.00  115,200.00     6.75        648   10/1/2004           90      0-29      6ML          4.5
35268176         359      115,200.00  115,200.00     6.75        648   10/1/2004           90      0-29      6ML          4.5
4000174825       359      510,000.00  509,999.99    6.625   2,815.62   10/1/2004        87.93      0-29      6ML          5.5
4000168062       359       80,550.00   80,488.71    7.375     556.34   10/1/2004           90      0-29      6ML        4.625
35155035         359      112,880.00  112,880.00    6.375     599.68   10/1/2004           80      0-29      6ML         4.25
35210103         359      404,250.00  404,250.00    7.875   2,652.89   10/1/2004        89.99      0-29      6ML        6.125
35132232         359      340,000.00  339,766.01    7.875   2,465.24   10/1/2004          100      0-29      6ML         5.75
34855254         359      337,250.00  337,005.90    7.625   2,387.04   10/1/2004           95      0-29      6ML         6.25
34566414         358      134,000.00  133,976.97     6.75     753.75    9/1/2004         85.9      0-29      6ML        5.375
35072370         358       98,800.00   98,800.00        8     658.67    9/1/2004        89.98      0-29      6ML        6.125
34241117         359       98,400.00   98,400.00    6.125     502.25   10/1/2004           80      0-29      6ML            4
34988675         359      258,000.00  258,000.00    7.875   1,693.13   10/1/2004          100      0-29      6ML         6.25
4000176370       359      220,000.00  220,000.00     6.75   1,237.50   10/1/2004          100      0-29      6ML          5.5
35159573         359       89,360.00   89,360.00    6.875     511.96   10/1/2004           80      0-29      6ML        4.875
34868802         359       45,000.00   44,969.02    7.875     326.29   10/1/2004          100      0-29      FIX            0
33753914         359      107,900.00  107,813.71    7.125     726.95   10/1/2004        69.61      0-29      6ML         4.75
4000174318       359      540,000.00  540,000.00    7.375   3,318.75   10/1/2004           90      0-29      6ML        5.375
34864470         359      288,000.00  287,786.26      7.5   2,013.74   10/1/2004           90      0-29      FIX            0
4000168611       359      240,000.00  239,803.27        7   1,596.73   10/1/2004           80      0-29      6ML        5.125
35150986         359      112,000.00  112,000.00     8.25        770   10/1/2004           80      0-29      6ML        6.125
4000155582       359      480,000.00  480,000.00    6.375   2,550.00   10/1/2004           80      0-29      6ML            4
4000165058       359      280,000.00  280,000.00    5.875   1,370.83   10/1/2004           80      0-29      6ML        4.125
34995902         359      157,600.00  157,600.00    6.125     804.42   10/1/2004           80      0-29      6ML         4.25
4000171061       359      159,900.00  159,778.33    7.375   1,104.39   10/1/2004        79.99      0-29      6ML         4.75
4000162593       359      184,000.00  184,000.00    6.999   1,073.18   10/1/2004        92.93      0-29      6ML            5
35159193         359       74,400.00   74,400.00    6.625     410.75   10/1/2004           80      0-29      6ML        4.625
35122639         359      238,000.00  238,000.00     7.25   1,437.92   10/1/2004         84.4      0-29      6ML        5.625
35026970         358      356,000.00  355,322.66     6.25   2,191.96    9/1/2004           80      0-29      6ML         4.75
35082775         359      149,500.00  149,407.08    8.375   1,136.31   10/1/2004          100      0-29      6ML          5.5
33016031         359       68,000.00   67,946.95     7.25     463.88   10/1/2004        75.56      0-29      6ML        5.125
34716159         359      648,000.00  648,000.00    6.625   3,577.50   10/1/2004           80      0-29      6ML         4.75
4000164932       358      150,100.00  149,865.10     7.25   1,023.95    9/1/2004           95      0-29      6ML            6
34525170         359       77,900.00   77,842.19      7.5     544.69   10/1/2004           95      0-29      FIX            0

<CAPTION>
             INITIAL  PERIODIC                           PREPAYMENT
  LOANID       CAP      CAP       FLOOR    CEILING          TERM                                PREPAYMENT PENALTY
--------------------------------------------------------------------------------------------------------------------------
<S>             <C>      <C>      <C>       <C>              <C>                        <C>
34759506        3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
34068387        0        0            0          0           36                              6 mo.s interest less 20% obal
35113950        0        0            0          0           36                              6 mo.s interest less 20% obal
34797043        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
34973628        1        1        5.125     11.125           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35207653        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
35029883        3        1          5.5       11.5           24                              6 mo.s interest less 20% obal
35080175        3        1          8.5       14.5            0                                                       None
4000169296      3        1        6.999     12.999           24                              6 mo.s interest less 20% obal
35136332        3        1        7.125     13.125           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35227024        0        0            0          0           36                              6 mo.s interest less 20% obal
4000166180      3        1        8.375     14.375           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000167820      0        0            0          0           36                              6 mo.s interest less 20% obal
4000146396      3        1        4.875     10.875           24                              6 mo.s interest less 20% obal
35067297        3        1        7.375     13.375            0                                                       None
35082577        3        1         7.99      13.99           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34249250        3        1         8.99      14.99           24                              6 mo.s interest less 20% obal
34419648        3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
35363449        3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
34856633        3        1        7.875     13.875           12                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000173249      3        1        5.999     11.999           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35091792        3        1        7.375     13.375           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34649970        3        1            7         13           24                              6 mo.s interest less 20% obal
35189992        3        1         5.75      11.75           24                              6 mo.s interest less 20% obal
35156587        3        1            8         14            0                                                       None
35303882        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
4000056258      3        1        6.875     12.875           24                                                 2% prepaid
4000169413      3        1         7.75      13.75           24                              6 mo.s interest less 20% obal
34340042        3        1        6.875     12.875           36                              6 mo.s interest less 20% obal
34337261        3        1         5.99      11.99           36                              6 mo.s interest less 20% obal
4000175025      3        1        8.625     14.625            0                                                       None
35142405        3        1        7.625     13.625            0                                                       None
34938720        3        1        8.375     14.375           12                              6 mo.s interest less 20% obal
4000171053      3        1        6.875     12.875           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000171827      3        1            8         14           24                              6 mo.s interest less 20% obal
4000159955      3        1         6.25      12.25           36                              6 mo.s interest less 20% obal
34757153        0        0            0          0            0                                                       None
33763475        3        1        9.375     15.375           12                              3%/2%/1%-1st yr/2nd yr/3rd yr
35012533        3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
35152669        3        1        9.625     15.625           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000170291      3        1        6.375     12.375            0                                                       None
34721316        3        1        6.125     12.125           36                              6 mo.s interest less 20% obal
4000169690      3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
35345834        3        1        7.375     13.375           24                              6 mo.s interest less 20% obal
34643346        0        0            0          0           36                              6 mo.s interest less 20% obal
34849844        3        1        7.625     13.625           12                              3%/2%/1%-1st yr/2nd yr/3rd yr
34240952        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
35303387        3        1        7.875     13.875           24                              6 mo.s interest less 20% obal
35069335        0        0            0          0            0                                                       None
34981589        0        0            0          0           36                                                 1% prepaid
34854463        3        1          7.5       13.5           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35073097        3        1        5.875     11.875            0                                                       None
34646414        3        1         7.75      13.75           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35227420        3        1        8.375     14.375           24                              6 mo.s interest less 20% obal
35402866        0        0            0          0           36                              6 mo.s interest less 20% obal
35266212        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
35306109        3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
35145416        3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
4000167307      3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
33872391        3        1        9.375     15.375           24                              6 mo.s interest less 20% obal
35264019        3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
34952812        3        1         5.75      11.75           36                              6 mo.s interest less 20% obal
4000176341      3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
35107390        3        1        6.125     12.125           36                              6 mo.s interest less 20% obal
4000173109      3        1        8.125     14.125           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
33781329        3        1            7         13            0                                                       None
34993709        3        1        7.625     13.625           36                         min (2% prepaid, 60 days interest)
4000164788      3        1        7.875     13.875           24                              6 mo.s interest less 20% obal
33972647        3        1        7.625     13.625           24                              6 mo.s interest less 20% obal
34701102        3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
4000166016      3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
35186360        3        1          5.5       11.5           36                              6 mo.s interest less 20% obal
35266402        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
35268176        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
4000174825      3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
4000168062      3        1        7.375     13.375           24                              6 mo.s interest less 20% obal
35155035        3        1        6.375     12.375            0                                                       None
35210103        3        1        7.875     13.875           24                              6 mo.s interest less 20% obal
35132232        3        1        7.875     13.875           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34855254        3        1        7.625     13.625           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34566414        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
35072370        3        1            8         14            0                                                       None
34241117        3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
34988675        3        1        7.875     13.875           24                         min (2% prepaid, 60 days interest)
4000176370      3        1         6.75      12.75           36                              6 mo.s interest less 20% obal
35159573        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
34868802        0        0            0          0           12                              6 mo.s interest less 20% obal
33753914        3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
4000174318      3        1        7.375     13.375           12                              6 mo.s interest less 20% obal
34864470        0        0            0          0           12                              6 mo.s interest less 20% obal
4000168611      3        1            7         13            0                                                       None
35150986        3        1         8.25      14.25            0                                                       None
4000155582      3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
4000165058      3        1        5.875     11.875           36                              6 mo.s interest less 20% obal
34995902        3        1        6.125     12.125           24                         min (2% prepaid, 60 days interest)
4000171061      3        1        7.375     13.375           24                              6 mo.s interest less 20% obal
4000162593      3        1        6.999     12.999           24                              6 mo.s interest less 20% obal
35159193        3        1        6.625     12.625            0                                                       None
35122639        3        1         7.25      13.25           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35026970        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
35082775        3        1        8.375     14.375           24                              6 mo.s interest less 20% obal
33016031        3        1         7.25      13.25           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34716159        3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
4000164932      3        1         7.25      13.25           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34525170        0        0            0          0           36                              3%/2%/1%-1st yr/2nd yr/3rd yr

<CAPTION>
                                              PAYMENT
              FIRST RATE      RATE RESET       RESET                                  MI
  LOANID      RESET DATE       FREQUENCY     FREQUENCY  PURPOSE   DIV  IO    IOTERM  FLAG
-----------------------------------------------------------------------------------------
<S>           <C>                  <C>            <C>  <C>         <C>  <C>    <C>    <C>
34759506        9/1/2006           6              6    C/O Refi    N    N       0     N
34068387      00/00/0000           0              0    C/O Refi    N    N       0     N
35113950      00/00/0000           0              0    R/T Refi    N    N       0     Y
34797043        8/1/2006           6              6    C/O Refi    N    Y      60     Y
34973628        3/1/2005           6              6    Purchase    N    Y      60     N
35207653        9/1/2006           6              6    C/O Refi    N    Y      60     Y
35029883        9/1/2006           6              6    Purchase    N    Y      60     N
35080175        9/1/2006           6              6    Purchase    N    N       0     Y
4000169296      9/1/2006           6              6    C/O Refi    N    N       0     N
35136332        9/1/2006           6              6    Purchase    N    N       0     Y
35227024      00/00/0000           0              0    C/O Refi    N    N       0     Y
4000166180      9/1/2006           6              6    C/O Refi    N    N       0     Y
4000167820    00/00/0000           0              0    R/T Refi    N    N       0     N
4000146396      6/1/2006           6              6    Purchase    N    Y      60     N
35067297        8/1/2006           6              6    Purchase    N    N       0     N
35082577        9/1/2006           6              6    C/O Refi    N    N       0     N
34249250        7/1/2006           6              6    Purchase    N    N       0     N
34419648        9/1/2006           6              6    Purchase    N    Y      60     N
35363449        9/1/2006           6              6    R/T Refi    N    Y      60     N
34856633        9/1/2006           6              6    Purchase    N    N       0     Y
4000173249      9/1/2006           6              6    R/T Refi    N    Y      60     Y
35091792        9/1/2006           6              6    Purchase    N    N       0     N
34649970        9/1/2006           6              6    Purchase    N    N       0     Y
35189992        9/1/2006           6              6    Purchase    N    Y      60     N
35156587        9/1/2007           6              6    C/O Refi    N    N       0     N
35303882        9/1/2006           6              6    Purchase    N    Y      60     N
4000056258      9/1/2006           6              6    Purchase    N    Y      60     N
4000169413      9/1/2006           6              6    C/O Refi    N    Y      60     N
34340042        9/1/2009           6              6    C/O Refi    N    N       0     N
34337261        9/1/2007           6              6    Purchase    N    N       0     N
4000175025      9/1/2006           6              6    Purchase    N    Y      60     N
35142405        9/1/2006           6              6    C/O Refi    N    N       0     Y
34938720        9/1/2006           6              6    C/O Refi    N    Y      60     Y
4000171053      9/1/2006           6              6    C/O Refi    N    N       0     Y
4000171827      9/1/2006           6              6    Purchase    N    Y      60     N
4000159955      9/1/2009           6              6    Purchase    N    Y      60     N
34757153      00/00/0000           0              0    C/O Refi    N    N       0     Y
33763475        9/1/2006           6              6    Purchase    N    N       0     N
35012533        9/1/2006           6              6    Purchase    N    Y      60     N
35152669        9/1/2006           6              6    Purchase    N    N       0     Y
4000170291      9/1/2006           6              6    C/O Refi    N    Y      60     N
34721316        9/1/2007           6              6    Purchase    N    Y      60     N
4000169690      9/1/2006           6              6    C/O Refi    N    Y      60     N
35345834        9/1/2006           6              6    Purchase    N    Y      60     N
34643346      00/00/0000           0              0    Purchase    N    N       0     N
34849844        9/1/2006           6              6    C/O Refi    N    N       0     N
34240952        9/1/2009           6              6    Purchase    N    Y      60     N
35303387        9/1/2006           6              6    Purchase    N    Y      60     N
35069335      00/00/0000           0              0    Purchase    N    N       0     N
34981589      00/00/0000           0              0    Purchase    N    N       0     N
34854463        9/1/2006           6              6    Purchase    N    N       0     Y
35073097        8/1/2007           6              6    Purchase    N    Y      60     N
34646414        9/1/2006           6              6    C/O Refi    N    N       0     Y
35227420        9/1/2006           6              6    Purchase    N    N       0     N
35402866      00/00/0000           0              0    C/O Refi    N    N       0     Y
35266212        9/1/2006           6              6    Purchase    N    Y      60     N
35306109        9/1/2006           6              6    C/O Refi    N    N       0     N
35145416        9/1/2006           6              6    Purchase    N    N       0     N
4000167307      9/1/2006           6              6    R/T Refi    N    N       0     Y
33872391        9/1/2006           6              6    R/T Refi    N    N       0     N
35264019        9/1/2006           6              6    C/O Refi    N    Y      60     N
34952812        8/1/2007           6              6    Purchase    N    Y      60     N
4000176341      9/1/2006           6              6    Purchase    N    N       0     N
35107390        9/1/2007           6              6    Purchase    N    Y      60     N
4000173109      9/1/2006           6              6    R/T Refi    N    N       0     N
33781329        9/1/2007           6              6    Purchase    N    N       0     Y
34993709        9/1/2006           6              6    C/O Refi    N    N       0     N
4000164788      9/1/2006           6              6    C/O Refi    N    Y      60     N
33972647        9/1/2006           6              6    C/O Refi    N    N       0     N
34701102        9/1/2006           6              6    Purchase    N    Y      60     Y
4000166016      9/1/2006           6              6    Purchase    N    Y      60     N
35186360        9/1/2009           6              6    Purchase    N    Y      60     N
35266402        9/1/2006           6              6    Purchase    N    Y      60     Y
35268176        9/1/2006           6              6    Purchase    N    Y      60     Y
4000174825      9/1/2006           6              6    C/O Refi    N    Y      60     N
4000168062      9/1/2006           6              6    Purchase    N    N       0     Y
35155035        9/1/2006           6              6    Purchase    N    Y      60     N
35210103        9/1/2006           6              6    Purchase    N    Y      60     N
35132232        9/1/2006           6              6    Purchase    N    N       0     N
34855254        9/1/2006           6              6    C/O Refi    N    N       0     Y
34566414        8/1/2006           6              6    C/O Refi    N    Y      60     N
35072370        8/1/2007           6              6    Purchase    N    Y      60     Y
34241117        9/1/2006           6              6    Purchase    N    Y      60     N
34988675        9/1/2006           6              6    Purchase    N    Y      60     N
4000176370      9/1/2006           6              6    Purchase    N    Y      60     N
35159573        9/1/2006           6              6    Purchase    N    Y      60     N
34868802      00/00/0000           0              0    C/O Refi    N    N       0     N
33753914        9/1/2006           6              6    C/O Refi    N    N       0     N
4000174318      9/1/2006           6              6    C/O Refi    N    Y      60     Y
34864470      00/00/0000           0              0    Purchase    N    N       0     Y
4000168611      9/1/2006           6              6    C/O Refi    N    N       0     N
35150986        9/1/2007           6              6    Purchase    N    Y      60     N
4000155582      9/1/2009           6              6    Purchase    N    Y      60     N
4000165058      9/1/2007           6              6    Purchase    N    Y      60     N
34995902        9/1/2006           6              6    Purchase    N    Y      60     N
4000171061      9/1/2006           6              6    Purchase    N    N       0     N
4000162593      9/1/2009           6              6    R/T Refi    N    Y      60     Y
35159193        9/1/2007           6              6    Purchase    N    Y      60     N
35122639        9/1/2006           6              6    C/O Refi    N    Y      60     N
35026970        8/1/2006           6              6    Purchase    N    N       0     N
35082775        9/1/2006           6              6    Purchase    N    N       0     Y
33016031        9/1/2006           6              6    C/O Refi    N    N       0     N
34716159        9/1/2006           6              6    Purchase    N    Y      60     N
4000164932      8/1/2007           6              6    C/O Refi    N    N       0     Y
34525170      00/00/0000           0              0    C/O Refi    N    N       0     Y
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
                                                          PROPERTY                    ORIGINAL ORIGINATION  FIRST PAY   MATURITY
  LOANID              CITY                 ZIP    STATE     TYPE       OCCUPANCY        TERM      DATE        DATE        DATE
--------------------------------------------------------------------------------------------------------------------------------
<S>           <C>                         <C>       <C>   <C>        <C>                <C>     <C>         <C>         <C>
34846642      CHICAGO                     60660     IL       SFR     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
4000160798    ECORSE                      48229     MI    Units 2-4  Investor           360      8/6/2004   10/1/2004   9/1/2034
35015122      DENVER                      80205     CO       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
35075209      FAYETTEVILLE                28304     NC       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
35190644      LLANO                       93544     CA       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
35228154      ORLANDO                     32822     FL       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
35284553      MAPLEWOOD                    7040     NJ       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000171928    SUISUN CITY                 94585     CA       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34869958      SPRINGFIELD GARDENS         11413     NY       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
34941526      MEDFORD                     97501     OR       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35079268      WINSTON SALEM               27107     NC       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
4000177184    FAIRFIELD                   94533     CA       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
35029909      LOS ANGELES                 90044     CA       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
35151737      SMYRNA                      30080     GA       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35224252      ORLANDO                     32818     FL       PUD     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
35197946      RIALTO                      92377     CA       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
35242312      PRAIRIE VIEW                77446     TX       SFR     Investor           360      8/4/2004   10/1/2004   9/1/2034
34893578      SAINT PETERSBURG            33713     FL       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
4000167944    SPRING VALLEY               91977     CA       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
34901710      LONGWOOD                    32750     FL       SFR     Owner Occupied     360      7/2/2004    9/1/2004   8/1/2034
34931634      PORTLAND                    97229     OR       SFR     Owner Occupied     360      8/2/2004    9/1/2004   8/1/2034
35145028      COLUMBIA                    38401     TN       SFR     Owner Occupied     360      8/5/2004    9/1/2004   8/1/2034
34716100      BARSTOW                     92311     CA       SFR      Second Home       360     8/16/2004   10/1/2004   9/1/2034
34855668      LOMBARD                     60148     IL       SFR     Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
35245463      LAKE CHARLES                70605     LA       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
4000179468    TAFTVILLE                    6380     CT    Units 2-4  Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
4000160453    DELMAR                      21875     MD       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
33740820      CORONA AREA                 92880     CA       SFR     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
34792796      SAN DIEGO                   92119     CA      Condo    Owner Occupied     360     7/13/2004    9/1/2004   8/1/2034
34854018      CHICAGO                     60621     IL    Units 2-4  Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
34914895      LA VERGNE                   37086     TN       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
4000165564    SEVEN HILLS                 44131     OH       SFR     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
4000155272    FAR ROCKAWAY                11691     NY    Units 2-4  Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
4000177112    ELMONT                      11003     NY       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
34855049      MACHESNEY PARK              61115     IL       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
35209097      CHULA VISTA                 91910     CA       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35003748      LAKEWOOD                    80226     CO       SFR     Owner Occupied     360     7/22/2004    9/1/2004   8/1/2034
34715094      PALM SPRINGS                92262     CA       PUD     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
35235605      TAMPA                       33625     FL       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
4000075467    WINTER HAVEN                33880     FL       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34528950      WICHITA                     67211     KS       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000165371    EUCLID                      44123     OH       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
4000163568    ANAHEIM                     92805     CA       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35402551      LILBURN                     30047     GA       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
35018019      FIRESTONE                   80504     CO       PUD     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34737031      ALPINE                      84004     UT       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34991315      OTSEGO                      55330     MN       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
34679167      SANTA ANA AREA              92705     CA       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
4000171270    FOSTORIA                    44830     OH       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35014901      AURORA                      80016     CO       PUD     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
4000165558    PORT CHARLOTTE              33948     FL       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
4000166109    FARMINGTON HILLS            48336     MI       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
34981548      DELAWARE                    43015     OH       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
35188242      COLTON                      92324     CA       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35112986      DALLAS                      75224     TX       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
4000172294    FONTANA                     92337     CA       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35207661      CHULA VISTA                 91915     CA      Condo    Investor           360     8/11/2004   10/1/2004   9/1/2034
4000154824    LAKEBAY                     98349     WA       PUD     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
34277277      BAYTOWN                     77520     TX       SFR     Owner Occupied     180     8/12/2004   10/1/2004   9/1/2019
35157197      CONYERS                     30013     GA       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
34720953      SACRAMENTO                  95823     CA       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
4000166369    SEBAGO                       4029     ME       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
33763871      BRENTWOOD                   11717     NY       SFR     Owner Occupied     360     4/23/2004    6/1/2004   5/1/2034
4000152302    WARNER ROBINS               31088     GA       SFR     Owner Occupied     360     6/30/2004    8/1/2004   7/1/2034
4000175052    HAZEL PARK                  48030     MI       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
35402072      STONE MOUNTIAN              30087     GA       PUD      Second Home       360     8/31/2004   10/1/2004   9/1/2034
34935064      SPRINGFIELD                 97477     OR       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
34977496      PITTSBURGH                  15236     PA       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
35110154      WEATHERFORD                 76085     TX       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
35223445      SAINT PETERSBURG            33703     FL       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
4000169073    SPANAWAY                    98387     WA       PUD     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
4000166874    PITTSFIELD                   4967     ME       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35233451      MELBOURNE                   32935     FL       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34857979      AURORA                      60504     IL       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
34901876      TRINITY                     34655     FL       PUD     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
35197904      ANAHEIM                     92806     CA       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35188432      CHULA VISTA                 91910     CA       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
33019076      BROWNSTOWN                  47220     IN       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
35265826      INDIO                       92201     CA       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
4000173897    LAWRENCE                     1841     MA    Units 2-4  Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
34469395      BLOOMINGTON                 92316     CA       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
4000151295    MIAMI BEACH                 33139     FL    Condo >4   Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
35027689      TUJUNGA                     91042     CA    Units 2-4  Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
35077023      HIGH POINT                  27265     NC       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35115765      CORINTH                     76210     TX       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
34848788      CHICAGO                     60706     IL      Condo    Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
35109974      ORLANDO                     32818     FL       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34640367      HELENA                      35080     AL       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
33828443      YUCAIPA                     92399     CA       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
33899287      DISTRICT HEIGHTS            20747     MD       SFR     Owner Occupied     360     6/23/2004    8/1/2004   7/1/2034
34119271      SACRAMENTO                  95829     CA       SFR     Owner Occupied     360     7/27/2004   10/1/2004   9/1/2034
34371336      JERSEY CITY                  7304     NJ    Units 2-4  Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
35080258      MOORE                       29369     SC       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
35158237      MEMPHIS                     38141     TN       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35193101      SIMI VALLEY                 93063     CA       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
4000176746    HOUSTON                     77055     TX       PUD     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
4000177630    BEDFORD HEIGHTS             44146     OH       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000177697    ROOSEVELT                   11575     NY    Units 2-4  Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34653527      FLORISSANT                  63033     MO       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
34758326      STAFFORD                    22554     VA       PUD     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
34858530      LIMA                        45805     OH       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
34979740      LAFAYETTE                   47909     IN       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35124916      DANVILLE                    61832     IL       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
35204411      OCEANSIDE                   92056     CA       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
35205251      LAKE ELSINORE               92530     CA       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034

<CAPTION>
                                                                                      ORIGINAL
                                                                                      COMBAINED
              REMAINING     ORIGINAL   SCHEDULED                       PAID THRU       LOAN TO      OTS
  LOANID        TERM        BALANCE     BALANCE      RATE      P&I        DATE          VALUE   DELINQUENCY INDEX       MARGIN
------------------------------------------------------------------------------------------------------------------------------
<S>              <C>      <C>         <C>           <C>     <C>        <C>              <C>        <C>       <C>        <C>
34846642         358      295,000.00  295,000.00    6.625   1,628.65    9/1/2004        79.73      0-29      6ML          4.5
4000160798       359       50,700.00   50,665.11    7.875     367.61   10/1/2004           65      0-29      6ML        5.375
35015122         359      112,800.00  112,800.00    6.625     622.75   10/1/2004           80      0-29      6ML        4.625
35075209         359       61,000.00   60,963.04      8.5     469.04   10/1/2004        89.97      0-29      6ML         6.75
35190644         359      121,500.00  121,500.00    7.125     721.41   10/1/2004           90      0-29      6ML        5.125
35228154         359      104,000.00  104,000.00      6.5     563.33   10/1/2004        81.89      0-29      6ML        4.625
35284553         359      645,000.00  644,416.91      6.5   4,076.84   10/1/2004           75      0-29      6ML         4.75
4000171928       359      268,000.00  268,000.00    5.375   1,200.42   10/1/2004           80      0-29      6ML        3.625
34869958         359      315,000.00  314,777.67     7.75   2,256.70   10/1/2004           90      0-29      6ML        6.375
34941526         359      130,800.00  130,800.00    5.625     613.13   10/1/2004           80      0-29      6ML        3.625
35079268         359      109,000.00  108,941.99    9.125     886.86   10/1/2004          100      0-29      6ML        7.125
4000177184       359      332,000.00  332,000.00     6.25   1,729.17   10/1/2004        94.86      0-29      6ML        4.875
35029909         359      173,500.00  173,343.15      6.5   1,096.64   10/1/2004        79.95      0-29      6ML        4.875
35151737         359      312,000.00  312,000.00        6   1,560.00   10/1/2004           80      0-29      6ML        3.875
35224252         359      112,000.00  112,000.00    6.375        595   10/1/2004           80      0-29      6ML          4.5
35197946         359      268,000.00  268,000.00     6.75   1,507.50   10/1/2004        75.49      0-29      6ML        4.625
35242312         359       48,000.00   47,965.25    7.625     339.75   10/1/2004           80      0-29      6ML        5.125
34893578         359       81,000.00   80,955.75        9     651.75   10/1/2004           90      0-29      6ML         7.25
4000167944       359      310,000.00  310,000.00      6.5   1,679.17   10/1/2004        83.78      0-29      6ML        4.875
34901710         358      156,550.00  156,294.28    7.125   1,054.71   10/1/2004        79.99      0-29      FIX            0
34931634         358      315,000.00  314,303.18     6.25   1,939.51    9/1/2004        78.55      0-29      6ML         3.75
35145028         358       76,400.00   76,280.42     7.25     521.19    9/1/2004           80      0-29      FIX            0
34716100         359       95,700.00   95,700.00    6.875     548.28   10/1/2004           95      0-29      6ML            5
34855668         358      159,250.00  153,431.49      6.5   1,006.57   10/1/2004           65      0-29      6ML        4.375
35245463         359       68,000.00   67,955.52    8.125      504.9   10/1/2004        70.35      0-29      6ML         5.75
4000179468       359      224,500.00  224,320.47    7.125   1,512.50   10/1/2004          100      0-29      6ML         5.75
4000160453       359      119,200.00  119,200.00    7.125     707.75   10/1/2004        79.97      0-29      FIX            0
33740820         358      336,800.00  336,800.00     5.99   1,681.19    9/1/2004        79.99      0-29      6ML        4.125
34792796         358      273,600.00  273,599.99     6.25   1,425.00    9/1/2004           80      0-29      6ML        4.125
34854018         359      175,600.00  175,437.36    6.375   1,095.52   10/1/2004           80      0-29      6ML         4.75
34914895         359      191,000.00  190,812.60    8.875   1,519.69   10/1/2004          100      0-29      FIX            0
4000165564       358       94,300.00   94,166.45     7.75     675.58   10/1/2004        49.63      0-29      6ML        5.875
4000155272       359      320,000.00  320,000.00     7.75   2,066.67   10/1/2004        83.12      0-29      6ML        5.875
4000177112       359      367,000.00  366,684.02     6.75   2,380.36   10/1/2004        94.83      0-29      6ML          5.5
34855049         359      100,000.00   99,913.90     6.75      648.6   10/1/2004           80      0-29      6ML         4.75
35209097         359      639,200.00  639,200.00      5.5   2,929.67   10/1/2004           80      0-29      6ML          3.5
35003748         358      272,650.00  272,105.78        6   1,634.68    9/1/2004           95      0-29      6ML         4.75
34715094         359      348,050.00  348,050.00     5.75   1,667.74   10/1/2004           80      0-29      6ML        3.375
35235605         359      160,000.00  160,000.00    7.125        950   10/1/2004           80      0-29      6ML        5.375
4000075467       359       95,200.00   95,200.00    5.999     475.92   10/1/2004           80      0-29      6ML        4.125
34528950         359       57,000.00   56,972.69    9.625      484.5   10/1/2004          100      0-29      6ML        7.125
4000165371       359      124,000.00  123,916.70    7.999     909.86   10/1/2004        84.93      0-29      6ML        6.125
4000163568       359      472,500.00  472,166.51     7.75   3,385.05   10/1/2004           90      0-29      6ML            6
35402551         359      131,120.00  131,120.00    6.625     723.89   10/1/2004           80      0-29      6ML          4.5
35018019         359      242,350.00  242,350.00    6.375   1,287.48   10/1/2004           80      0-29      6ML        4.625
34737031         359      228,000.00  228,000.00      6.5   1,235.00   10/1/2004           95      0-29      6ML         5.25
34991315         359      226,800.00  226,800.00        8   1,512.00   10/1/2004           90      0-29      6ML        6.625
34679167         359      812,000.00  812,000.00    7.125   4,821.25   10/1/2004           80      0-29      6ML         4.25
4000171270       359       62,000.00   62,000.00        9        465   10/1/2004        89.99      0-29      6ML            7
35014901         359      249,540.00  249,540.00     6.25   1,299.69   10/1/2004         71.5      0-29      6ML        3.625
4000165558       359      351,000.00  350,697.80     6.75   2,276.58   10/1/2004        94.86      0-29      6ML         5.25
4000166109       359      172,550.00  172,550.00     7.25   1,042.49   10/1/2004           85      0-29      6ML         5.75
34981548         359      122,500.00  122,500.00    6.375     650.78   10/1/2004        59.76      0-29      6ML            4
35188242         359      279,350.00  279,350.00     5.99   1,394.42   10/1/2004        79.93      0-29      6ML        4.125
35112986         359      100,000.00   99,921.99     7.25     682.18   10/1/2004           80      0-29      FIX            0
4000172294       359      225,000.00  225,000.00      6.5   1,218.75   10/1/2004        84.91      0-29      6ML        4.375
35207661         359      324,000.00  324,000.00    6.375   1,721.25   10/1/2004           80      0-29      6ML        3.875
4000154824       359      111,920.00  111,920.00    6.999     652.77   10/1/2004           80      0-29      6ML          4.5
34277277         179       36,400.00   36,297.11     8.25     353.14   10/1/2004           80      0-29      FIX            0
35157197         359       84,560.00   84,560.00    7.125     502.08   10/1/2004           80      0-29      6ML          4.5
34720953         359      360,000.00  360,000.00     7.75   2,325.00   10/1/2004           90      0-29      6ML         5.75
4000166369       359      163,400.00  163,272.53     7.25   1,114.68   10/1/2004           95      0-29      6ML         5.75
33763871         355      180,000.00  179,235.13    6.875   1,182.48    9/1/2004        57.14      0-29      6ML        5.375
4000152302       357      109,250.00  109,250.00     6.25     569.01    9/1/2004        79.94      0-29      6ML         4.75
4000175052       359       78,000.00   77,955.12     8.75     613.63   10/1/2004           78      0-29      6ML        6.125
35402072         359      231,750.00  231,569.21     7.25   1,580.95   10/1/2004           90      0-29      6ML        5.875
34935064         359       78,200.00   78,129.30      6.5     494.28   10/1/2004        79.96      0-29      6ML         4.75
34977496         359      199,900.00  199,755.32    7.625   1,414.88   10/1/2004          100      0-29      FIX            0
35110154         359      100,000.00   99,925.78      7.5     699.22   10/1/2004           80      0-29      FIX            0
35223445         359       98,400.00   98,400.00     7.25      594.5   10/1/2004           80      0-29      6ML        5.125
4000169073       359      167,450.00  167,343.22     8.25   1,258.00   10/1/2004           85      0-29      6ML          6.5
4000166874       359       58,700.00   58,648.21    6.625     375.86   10/1/2004        79.97      0-29      6ML            5
35233451         359      189,900.00  189,804.09    9.375   1,579.50   10/1/2004          100      0-29      6ML          7.5
34857979         359      185,000.00  184,806.85     5.75   1,079.61   10/1/2004        79.74      0-29      6ML        3.875
34901876         359      230,550.00  230,550.00     7.25   1,392.91   10/1/2004           85      0-29      6ML         5.75
35197904         359      400,000.00  399,655.60     6.75   2,594.40   10/1/2004           80      0-29      6ML        4.375
35188432         359      644,000.00  644,000.00     5.75   3,085.83   10/1/2004           80      0-29      6ML         3.75
33019076         359       53,000.00   52,960.66      7.5     370.59   10/1/2004          100      0-29      FIX            0
35265826         359      200,000.00  199,819.19      6.5   1,264.14   10/1/2004          100      0-29      6ML        5.375
4000173897       359      320,000.00  319,806.15      8.5   2,460.52   10/1/2004          100      0-29      6ML        5.875
34469395         359      102,500.00  102,500.00      7.5     640.63   10/1/2004        43.07      0-29      6ML         4.75
4000151295       359      982,500.00  982,500.00      6.5   5,321.87   10/1/2004           75      0-29      6ML        3.125
35027689         359      335,200.00  335,200.00    5.875   1,641.08   10/1/2004           80      0-29      6ML          3.5
35077023         359      152,000.00  151,892.72     7.75   1,088.95   10/1/2004           95      0-29      6ML          6.5
35115765         359      124,000.00  124,000.00    6.875     710.42   10/1/2004           80      0-29      6ML         4.25
34848788         359      170,700.00  170,545.68      6.5   1,078.95   10/1/2004        94.98      0-29      6ML            5
35109974         359      119,200.00  119,084.15    6.125     724.27   10/1/2004           80      0-29      6ML        4.875
34640367         359      234,900.00  234,671.69    6.125   1,427.28   10/1/2004           90      0-29      6ML         4.75
33828443         359      600,000.00  600,000.00    6.375   3,187.50   10/1/2004           80      0-29      6ML         4.25
33899287         357      156,400.00  156,399.75     6.75     879.75    9/1/2004           85      0-29      6ML        5.125
34119271         359      283,500.00  283,500.00    7.375   1,742.34   10/1/2004           90      0-29      6ML         6.25
34371336         359      334,700.00  334,425.65        7   2,226.77   10/1/2004        94.99      0-29      6ML         5.75
35080258         359      100,000.00   99,923.90    7.375     690.68   10/1/2004          100      0-29      FIX            0
35158237         359       65,600.00   65,600.00        7     382.67   10/1/2004           80      0-29      6ML        4.875
35193101         359      397,600.00  397,600.00      6.5   2,153.67   10/1/2004           80      0-29      6ML        4.125
4000176746       359      431,200.00  431,200.00     4.99   1,793.07   10/1/2004           80      0-29      6ML          3.5
4000177630       359      114,300.00  114,300.00      7.5     714.37   10/1/2004           90      0-29      FIX            0
4000177697       359      315,000.00  314,799.14     8.25   2,366.49   10/1/2004          100      0-29      6ML         6.75
34653527         359      115,200.00  115,200.00    6.625        636   10/1/2004           80      0-29      6ML        5.125
34758326         359      359,950.00  359,950.00        7   2,099.71   10/1/2004           90      0-29      6ML         5.75
34858530         359      168,000.00  167,868.94     7.25   1,146.06   10/1/2004           80      0-29      FIX            0
34979740         359      182,300.00  182,300.00     6.25     949.48   10/1/2004        79.99      0-29      6ML        4.375
35124916         359       61,750.00   61,705.30    7.625     437.07   10/1/2004           95      0-29      6ML            5
35204411         359      328,000.00  328,000.00      6.5   1,776.67   10/1/2004           80      0-29      6ML         4.75
35205251         359      155,200.00  155,200.00    5.375     695.17   10/1/2004           80      0-29      6ML         4.25

<CAPTION>
             INITIAL  PERIODIC                           PREPAYMENT
  LOANID       CAP      CAP       FLOOR    CEILING          TERM                                PREPAYMENT PENALTY
--------------------------------------------------------------------------------------------------------------------------
<S>             <C>      <C>      <C>       <C>              <C>                        <C>
34846642        3        1        6.625     12.625           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000160798      3        1        7.875     13.875           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35015122        3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
35075209        3        1          8.5       14.5            0                                                       None
35190644        3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
35228154        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
35284553        3        1          6.5       12.5            0                                                       None
4000171928      3        1        5.375     11.375           24                              6 mo.s interest less 20% obal
34869958        3        1         7.75      13.75            0                                                       None
34941526        3        1        5.625     11.625           24                              6 mo.s interest less 20% obal
35079268        3        1        9.125     15.125            0                                                       None
4000177184      3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
35029909        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
35151737        3        1            6         12            0                                                       None
35224252        3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
35197946        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
35242312        3        1        7.625     13.625           24                              6 mo.s interest less 20% obal
34893578        3        1            9         15           24                              6 mo.s interest less 20% obal
4000167944      1        1          6.5       12.5           24                              6 mo.s interest less 20% obal
34901710        0        0            0          0           36                              6 mo.s interest less 20% obal
34931634        3        1         6.25      12.25           36                              6 mo.s interest less 20% obal
35145028        0        0            0          0           36                              6 mo.s interest less 20% obal
34716100        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
34855668        3        1          6.5       12.5           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35245463        3        1        8.125     14.125           24                              6 mo.s interest less 20% obal
4000179468      3        1        7.125     13.125           36                              6 mo.s interest less 20% obal
4000160453      0        0            0          0            0                                                       None
33740820        3        1         5.99      11.99           24                              6 mo.s interest less 20% obal
34792796        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
34854018        3        1        6.375     12.375           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34914895        0        0            0          0           36                              6 mo.s interest less 20% obal
4000165564      3        1         7.75      13.75           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000155272      3        1         7.75      13.75            0                                                       None
4000177112      3        1         6.75      12.75            0                                                       None
34855049        3        1         6.75      12.75           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35209097        3        1          5.5       11.5           24                              6 mo.s interest less 20% obal
35003748        3        1            6         12           36                              6 mo.s interest less 20% obal
34715094        3        1         5.75      11.75           12                              6 mo.s interest less 20% obal
35235605        3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
4000075467      3        1        5.999     11.999           24                              6 mo.s interest less 20% obal
34528950        3        1        9.625     15.625           24                              6 mo.s interest less 20% obal
4000165371      3        1        7.999     13.999           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000163568      3        1         7.75      13.75           36                              6 mo.s interest less 20% obal
35402551        3        1        6.625     12.625            0                                                       None
35018019        3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
34737031        3        1          6.5       12.5           36                              6 mo.s interest less 20% obal
34991315        3        1            8         14           36                         min (2% prepaid, 60 days interest)
34679167        3        1        7.125     13.125           12                              6 mo.s interest less 20% obal
4000171270      3        1            9         15           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35014901        3        1         6.25      12.25           12                              6 mo.s interest less 20% obal
4000165558      3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
4000166109      3        1         7.25      13.25           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34981548        3        1        6.375     12.375           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35188242        3        1         5.99      11.99           36                              6 mo.s interest less 20% obal
35112986        0        0            0          0            0                                                       None
4000172294      3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
35207661        3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
4000154824      3        1        6.999     12.999           24                              6 mo.s interest less 20% obal
34277277        0        0            0          0            0                                                       None
35157197        3        1        7.125     13.125            0                                                       None
34720953        3        1         7.75      13.75           24                              6 mo.s interest less 20% obal
4000166369      3        1         7.25      13.25            0                                                       None
33763871        3        1        6.875     12.875            0                                                       None
4000152302      3        1         6.25      12.25            0                                                       None
4000175052      3        1         8.75      14.75           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35402072        3        1         7.25      13.25            0                                                       None
34935064        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
34977496        0        0            0          0           36                              6 mo.s interest less 20% obal
35110154        0        0            0          0            0                                                       None
35223445        3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
4000169073      3        1         8.25      14.25           24                              6 mo.s interest less 20% obal
4000166874      3        1        6.625     12.625            0                                                       None
35233451        3        1        9.375     15.375           24                              6 mo.s interest less 20% obal
34857979        3        1         5.75      11.75           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34901876        3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
35197904        3        1         6.75      12.75           12                              6 mo.s interest less 20% obal
35188432        3        1         5.75      11.75           36                              6 mo.s interest less 20% obal
33019076        0        0            0          0           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35265826        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
4000173897      3        1          8.5       14.5           24                              6 mo.s interest less 20% obal
34469395        3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
4000151295      3        1          6.5       12.5           12                              6 mo.s interest less 20% obal
35027689        3        1        5.875     11.875           36                              6 mo.s interest less 20% obal
35077023        3        1         7.75      13.75            0                                                       None
35115765        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
34848788        3        1          6.5       12.5           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35109974        3        1        6.125     12.125           36                              6 mo.s interest less 20% obal
34640367        3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
33828443        3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
33899287        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
34119271        3        1        7.375     13.375           24                              6 mo.s interest less 20% obal
34371336        3        1            7         13            0                                                       None
35080258        0        0            0          0            0                                                       None
35158237        3        1            7         13           24                              6 mo.s interest less 20% obal
35193101        3        1          6.5       12.5           36                              6 mo.s interest less 20% obal
4000176746      3        1         4.99      10.99           24                              6 mo.s interest less 20% obal
4000177630      0        0            0          0           36                                                 1% prepaid
4000177697      3        1         8.25      14.25            0                                                       None
34653527        3        1        6.625     12.625           36                                                 2% prepaid
34758326        3        1            7         13           24                              6 mo.s interest less 20% obal
34858530        0        0            0          0           36                                                 1% prepaid
34979740        3        1         6.25      12.25           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35124916        3        1        7.625     13.625           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35204411        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
35205251        3        1        5.375     11.375           36                              6 mo.s interest less 20% obal

<CAPTION>
                                              PAYMENT
              FIRST RATE      RATE RESET       RESET                                  MI
  LOANID      RESET DATE       FREQUENCY     FREQUENCY  PURPOSE   DIV  IO    IOTERM  FLAG
-----------------------------------------------------------------------------------------
<S>           <C>                  <C>            <C>  <C>         <C>  <C>    <C>    <C>
34846642        8/1/2006           6              6    C/O Refi    N    Y      60     N
4000160798      9/1/2007           6              6    C/O Refi    N    N       0     N
35015122        9/1/2006           6              6    Purchase    N    Y      60     N
35075209        9/1/2007           6              6    Purchase    N    N       0     Y
35190644        9/1/2006           6              6    Purchase    N    Y      60     Y
35228154        9/1/2006           6              6    R/T Refi    N    Y      60     Y
35284553        9/1/2007           6              6    Purchase    N    N       0     N
4000171928      9/1/2006           6              6    Purchase    N    Y      60     N
34869958        9/1/2007           6              6    Purchase    N    N       0     Y
34941526        9/1/2006           6              6    Purchase    N    Y      60     N
35079268        9/1/2006           6              6    Purchase    N    N       0     N
4000177184      9/1/2006           6              6    C/O Refi    N    Y      60     N
35029909        9/1/2006           6              6    C/O Refi    N    N       0     N
35151737        9/1/2007           6              6    Purchase    N    Y      60     N
35224252        9/1/2006           6              6    Purchase    N    Y      60     N
35197946        9/1/2006           6              6    C/O Refi    N    Y      60     N
35242312        9/1/2006           6              6    C/O Refi    N    N       0     N
34893578        9/1/2006           6              6    Purchase    N    N       0     Y
4000167944      3/1/2005           6              6    C/O Refi    N    Y      60     N
34901710      00/00/0000           0              0    Purchase    N    N       0     N
34931634        8/1/2007           6              6    C/O Refi    N    N       0     N
35145028      00/00/0000           0              0    Purchase    N    N       0     N
34716100        9/1/2006           6              6    Purchase    N    Y      60     Y
34855668        8/1/2007           6              6    R/T Refi    N    N       0     N
35245463        9/1/2006           6              6    C/O Refi    N    N       0     N
4000179468      9/1/2007           6              6    Purchase    N    N       0     N
4000160453    00/00/0000           0              0    Purchase    N    Y      60     N
33740820        8/1/2006           6              6    Purchase    N    Y      60     N
34792796        8/1/2006           6              6    Purchase    N    Y      60     N
34854018        9/1/2006           6              6    Purchase    N    N       0     N
34914895      00/00/0000           0              0    C/O Refi    N    N       0     N
4000165564      8/1/2006           6              6    C/O Refi    N    N       0     N
4000155272      9/1/2006           6              6    C/O Refi    N    Y      60     N
4000177112      9/1/2007           6              6    Purchase    N    N       0     N
34855049        9/1/2006           6              6    C/O Refi    N    N       0     N
35209097        9/1/2006           6              6    Purchase    N    Y      60     N
35003748        8/1/2007           6              6    C/O Refi    N    N       0     Y
34715094        9/1/2006           6              6    Purchase    N    Y      60     N
35235605        9/1/2006           6              6    Purchase    N    Y      60     N
4000075467      9/1/2006           6              6    Purchase    N    Y      60     N
34528950        9/1/2006           6              6    R/T Refi    N    N       0     N
4000165371      9/1/2006           6              6    R/T Refi    N    N       0     N
4000163568      9/1/2007           6              6    R/T Refi    N    N       0     Y
35402551        9/1/2006           6              6    Purchase    N    Y      60     N
35018019        9/1/2006           6              6    Purchase    N    Y      60     N
34737031        9/1/2007           6              6    Purchase    N    Y      60     N
34991315        9/1/2006           6              6    C/O Refi    N    Y      60     N
34679167        9/1/2006           6              6    Purchase    N    Y      60     N
4000171270      9/1/2006           6              6    Purchase    N    Y      60     N
35014901        9/1/2006           6              6    C/O Refi    N    Y      60     N
4000165558      9/1/2006           6              6    R/T Refi    N    N       0     Y
4000166109      9/1/2006           6              6    C/O Refi    N    Y      60     N
34981548        9/1/2007           6              6    R/T Refi    N    Y      60     N
35188242        9/1/2007           6              6    Purchase    N    Y      60     N
35112986      00/00/0000           0              0    C/O Refi    N    N       0     N
4000172294      9/1/2009           6              6    Purchase    N    Y      60     Y
35207661        9/1/2006           6              6    Purchase    N    Y      60     N
4000154824      9/1/2009           6              6    Purchase    N    Y      60     N
34277277      00/00/0000           0              0    C/O Refi    N    N       0     N
35157197        9/1/2009           6              6    Purchase    N    Y      60     N
34720953        9/1/2006           6              6    C/O Refi    N    Y      60     N
4000166369      9/1/2006           6              6    R/T Refi    N    N       0     Y
33763871        5/1/2006           6              6    C/O Refi    N    N       0     N
4000152302      7/1/2007           6              6    Purchase    N    Y      60     N
4000175052      9/1/2006           6              6    C/O Refi    N    N       0     N
35402072        9/1/2007           6              6    Purchase    N    N       0     Y
34935064        9/1/2006           6              6    Purchase    N    N       0     N
34977496      00/00/0000           0              0    Purchase    N    N       0     N
35110154      00/00/0000           0              0    C/O Refi    N    N       0     N
35223445        9/1/2006           6              6    Purchase    N    Y      60     N
4000169073      9/1/2006           6              6    C/O Refi    N    N       0     Y
4000166874      9/1/2006           6              6    Purchase    N    N       0     N
35233451        9/1/2006           6              6    Purchase    N    N       0     N
34857979        9/1/2006           6              6    C/O Refi    N    N       0     N
34901876        9/1/2006           6              6    Purchase    N    Y      60     N
35197904        9/1/2007           6              6    Purchase    N    N       0     N
35188432        9/1/2007           6              6    Purchase    N    Y      60     N
33019076      00/00/0000           0              0    Purchase    N    N       0     Y
35265826        9/1/2006           6              6    Purchase    N    N       0     Y
4000173897      9/1/2006           6              6    Purchase    N    N       0     N
34469395        9/1/2006           6              6    R/T Refi    N    Y      60     N
4000151295      9/1/2009           6              6    Purchase    N    Y      60     N
35027689        9/1/2009           6              6    Purchase    N    Y      60     N
35077023        9/1/2006           6              6    Purchase    N    N       0     Y
35115765        9/1/2009           6              6    Purchase    N    Y      60     N
34848788        9/1/2006           6              6    Purchase    N    N       0     Y
35109974        9/1/2006           6              6    Purchase    N    N       0     N
34640367        9/1/2006           6              6    Purchase    N    N       0     Y
33828443        9/1/2006           6              6    Purchase    N    Y      60     N
33899287        7/1/2006           6              6    C/O Refi    N    Y      60     N
34119271        9/1/2006           6              6    Purchase    N    Y      60     N
34371336        9/1/2006           6              6    Purchase    N    N       0     Y
35080258      00/00/0000           0              0    Purchase    N    N       0     Y
35158237        9/1/2006           6              6    Purchase    N    Y      60     N
35193101        9/1/2009           6              6    Purchase    N    Y      60     N
4000176746      9/1/2006           6              6    Purchase    N    Y      60     N
4000177630    00/00/0000           0              0    R/T Refi    N    Y      60     Y
4000177697      9/1/2006           6              6    Purchase    N    N       0     N
34653527        9/1/2006           6              6    Purchase    N    Y      60     N
34758326        9/1/2006           6              6    Purchase    N    Y      60     Y
34858530      00/00/0000           0              0    C/O Refi    N    N       0     N
34979740        9/1/2006           6              6    Purchase    N    Y      60     N
35124916        9/1/2006           6              6    Purchase    N    N       0     Y
35204411        9/1/2006           6              6    Purchase    N    Y      60     N
35205251        9/1/2006           6              6    Purchase    N    Y      60     N
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
                                                          PROPERTY                    ORIGINAL ORIGINATION  FIRST PAY   MATURITY
  LOANID              CITY                 ZIP    STATE     TYPE       OCCUPANCY        TERM      DATE        DATE        DATE
--------------------------------------------------------------------------------------------------------------------------------
<S>           <C>                         <C>       <C>   <C>        <C>                <C>     <C>         <C>         <C>
35243625      BATON ROUGE                 70812     LA       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35282938      RINGOES                      8551     NJ       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000168888    DETROIT                     48228     MI       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
4000168926    PATTERSON                   95363     CA       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
35017615      AURORA                      80016     CO      Condo    Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35325281      SHERWOOD                    97140     OR       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35403021      DECATUR                     30035     GA       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
4000178009    HOUSTON                     77084     TX       PUD     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34375915      PATERSON                     7502     NJ       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
34377499      EASTON                      18040     PA       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
34524892      NORMAN                      73072     OK       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34647560      SAINT LOUIS                 63121     MO       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
34715847      HEMET                       92545     CA       SFR     Owner Occupied     360     7/28/2004   10/1/2004   9/1/2034
34919464      CLARKSVILLE                 37042     TN       SFR     Owner Occupied     360      8/2/2004    9/1/2004   8/1/2034
35002336      GOLDEN                      80403     CO       SFR     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
35024280      LONG BEACH                  90813     CA    Units 2-4  Owner Occupied     360     7/23/2004    9/1/2004   8/1/2034
4000160886    SPOKANE                     99208     WA       SFR     Owner Occupied     360      8/2/2004    9/1/2004   8/1/2034
4000161229    SPOKANE                     99208     WA       SFR     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
4000162900    JAMAICA                     11434     NY       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
34658385      MORLEY                      49336     MI       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
34868703      BROOKLYN                    11233     NY    Units 2-4  Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
35074533      GREENSBORO                  27407     NC       PUD     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35085398      LAURELVILLE                 43135     OH       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35125384      CHICAGO                     60637     IL    Units 2-4  Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
35128180      PLAINFIELD                  60544     IL       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35152206      BROWNSVILLE                 38012     TN       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
35154020      COLLIERVILLE                38017     TN       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35156207      STOCKBRIDGE                 30281     GA       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35192608      LOS ANGELES                 90044     CA       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
35284025      NEWARK                       7108     NJ    Units 2-4  Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
4000171737    KENT                        98031     WA       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
4000173200    DORCHESTER                   2124     MA    Units 2-4  Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34652818      WESTLAND                    48185     MI       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
34738971      SYRACUSE                    84075     UT       SFR     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
34969527      MIAMISBURG                  45342     OH       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34969584      DAYTON                      45420     OH       SFR     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
35010040      DENVER                      80239     CO       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
35146026      NASHVILLE                   37207     TN       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
4000166594    ANN ARBOR                   48108     MI       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
34989848      MINNEAPOLIS                 55433     MN       SFR     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
35026939      DOWNEY                      90240     CA       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
35144252      ATLANTA                     30317     GA       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34860981      LOCKPORT                    60441     IL       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
35083260      DAYTON                      45406     OH       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34997379      ROSEMOUNT                   55068     MN       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35091420      SOMERSET                    42501     KY       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34017368      BATON ROUGE                 70802     LA       SFR     Investor           360      8/2/2004    9/1/2004   8/1/2034
35265396      CHINO HILLS                 91709     CA       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
34900712      ORLANDO                     32829     FL       PUD     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
34989061      CROSSLAKE                   56442     MN       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
4000174972    ALAMEDA                     94501     CA       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
35122290      ST. CHARLES                 60174     IL       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
4000169751    PITTSBURG                   94565     CA       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35344308      GLEN BURNIE                 21061     MD       PUD     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
33019944      GREENFIELD                  46140     IN       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35403484      HIRAM                       30141     GA       PUD     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34653857      MIDWEST CITY                73110     OK       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
35013465      DENVER                      80239     CO       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
35085158      COLUMBUS                    43207     OH       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
35110691      FORT WORTH                  76039     TX       PUD     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35122266      ST. LOUIS                   63114     MO       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35152198      LITHONIA                    30058     GA       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
35225176      JACKSONVILLE                32222     FL       PUD     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
35243260      HOUSTON                     77089     TX       PUD     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
4000169553    BEAUMONT                    92223     CA       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35211150      LOS ANGELES                 90059     CA       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000149504    BOOTHWYN                    19061     PA       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
4000151892    ALBUQUERQUE                 87712     NM       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34801100      CORONA                      92880     CA       SFR     Owner Occupied     360     7/23/2004    9/1/2004   8/1/2034
34854828      ROCKTON                     61072     IL       SFR     Owner Occupied     360      8/3/2004    9/1/2004   8/1/2034
35008556      GRAND JUNCTION              81503     CO       PUD     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
35026681      WEST COMPTON                90061     CA       SFR     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
4000164699    SOUTH BRANCH                48761     MI       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
34962696      MIDDLETOWN                  17057     PA       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34972232      CANTON                      44710     OH       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
35148741      MEMPHIS                     38109     TN       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
4000166659    MAPLEWOOD                    7040     NJ       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34528984      CARTHAGE                    64836     MO       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35193002      LONG BEACH                  90802     CA      Condo    Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
35247451      BATON ROUGE                 70806     LA       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
34750943      BALTIMORE                   21206     MD       SFR     Owner Occupied     360     7/19/2004    9/1/2004   8/1/2034
34794495      CARSON                      90746     CA       SFR     Owner Occupied     360     7/21/2004    9/1/2004   8/1/2034
34796912      IMPERIAL BEACH              91932     CA       SFR     Owner Occupied     360     7/28/2004   10/1/2004   9/1/2034
34864272      BUFFALO                     14215     NY    Units 2-4  Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34892869      DAYTONA BEACH               32117     FL       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
34920348      CONYERS                     30012     GA       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
35022813      LLANO                       93544     CA       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
4000160420    KENSINGTON                  94707     CA       SFR     Owner Occupied     360     7/26/2004   10/1/2004   9/1/2034
34652503      DORR                        49323     MI       SFR     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
35344597      CLINTON                     20735     MD       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35111491      MESQUITE                    75181     TX       PUD     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
35068345      MOUNT PLEASANT              29464     SC      Condo    Owner Occupied     360      8/3/2004    9/1/2004   8/1/2034
4000172159    WEST WARWICK                 2893     RI       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
35069392      CHINA GROVE                 28023     NC       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
34790071      EL CAJON                    92019     CA       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
34998245      SAINT PAUL                  55125     MN       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
35124791      GLEN ELLYN                  60137     IL      Condo    Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
35284058      READING                     19604     PA       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34796060      SPRING VALLEY               91977     CA       PUD     Owner Occupied     360     7/27/2004    9/1/2004   8/1/2034
35245927      BATON ROUGE                 70805     LA       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
4000161505    PLEASANTON                  94566     CA       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
35203801      SAN DIEGO                   92102     CA    Units 2-4  Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
35185776      PALMDALE                    93552     CA       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
4000175563    SAUGUS                       1906     MA       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34857805      CHICAGO                     60628     IL       SFR     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034

<CAPTION>
                                                                                      ORIGINAL
                                                                                      COMBAINED
              REMAINING     ORIGINAL   SCHEDULED                       PAID THRU       LOAN TO      OTS
  LOANID        TERM        BALANCE     BALANCE      RATE      P&I        DATE          VALUE   DELINQUENCY INDEX       MARGIN
------------------------------------------------------------------------------------------------------------------------------
<S>              <C>      <C>         <C>           <C>     <C>        <C>              <C>        <C>       <C>        <C>
35243625         359      118,800.00  118,728.03      8.5     913.47   10/1/2004           80      0-29      6ML        6.125
35282938         359      203,400.00  203,224.88     6.75   1,319.25   10/1/2004           90      0-29      6ML          5.5
4000168888       359       85,000.00   84,943.89    8.125     631.12   10/1/2004           85      0-29      6ML          6.5
4000168926       359      246,500.00  246,500.00    5.625   1,155.47   10/1/2004        79.98      0-29      6ML         3.75
35017615         359      167,000.00  166,898.83      8.5   1,284.09   10/1/2004          100      0-29      6ML        6.375
35325281         359      156,750.00  156,620.73        7   1,042.87   10/1/2004           95      0-29      6ML         5.25
35403021         359      101,200.00  101,200.00    5.875     495.46   10/1/2004           80      0-29      6ML            4
4000178009       359       98,500.00   98,438.78    8.375     748.67   10/1/2004          100      0-29      FIX            0
34375915         359      218,000.00  217,616.85    6.875   1,432.11   10/1/2004         87.2      0-29      FIX            0
34377499         359      148,800.00  148,800.00    7.125      883.5   10/1/2004           80      0-29      6ML        5.125
34524892         359      316,000.00  315,776.96     7.75   2,263.87   10/1/2004           80      0-29      6ML         5.25
34647560         359       79,050.00   79,006.82        9     636.06   10/1/2004           85      0-29      6ML         6.75
34715847         359      229,900.00  229,900.00     6.75   1,293.19   10/1/2004           95      0-29      6ML        5.125
34919464         358       70,000.00   69,869.99    6.375     436.71    9/1/2004           80      0-29      6ML          4.5
35002336         358      172,000.00  171,702.99     6.75   1,115.59    9/1/2004           80      0-29      6ML        4.875
35024280         358      525,000.00  524,198.57    7.375   3,626.05    9/1/2004        74.47      0-29      6ML        4.125
4000160886       358       73,000.00   72,896.63     7.75     522.98    9/1/2004         64.6      0-29      FIX            0
4000161229       358      115,785.00  115,621.03     7.75      829.5   10/1/2004           90      0-29      FIX            0
4000162900       359      275,500.00  275,333.10      8.5   2,118.36   10/1/2004           95      0-29      6ML            5
34658385         359       66,000.00   65,951.01      7.5     461.49   10/1/2004           80      0-29      6ML        5.625
34868703         359      256,500.00  256,304.82    7.375   1,771.59   10/1/2004           95      0-29      6ML        6.125
35074533         359      110,200.00  110,122.22     7.75     789.49   10/1/2004        92.61      0-29      6ML            6
35085398         359      154,650.00  154,543.57    7.875   1,121.32   10/1/2004        71.93      0-29      6ML          3.5
35125384         359      167,900.00  167,774.38      7.5   1,173.99   10/1/2004          100      0-29      6ML        6.375
35128180         359      181,000.00  180,862.27    7.375   1,250.13   10/1/2004        98.91      0-29      6ML        5.375
35152206         359       81,600.00   81,558.79    9.375     678.71   10/1/2004           85      0-29      6ML         7.25
35154020         359      516,000.00  516,000.00    7.375   3,171.25   10/1/2004        79.38      0-29      6ML         5.25
35156207         359       88,000.00   88,000.00      6.5     476.67   10/1/2004           80      0-29      6ML        4.375
35192608         359      160,000.00  159,865.58    6.875   1,051.09   10/1/2004        75.12      0-29      FIX            0
35284025         359      190,000.00  189,881.90    8.375   1,444.14   10/1/2004          100      0-29      6ML          5.5
4000171737       359      225,250.00  225,250.00     7.75   1,454.74   10/1/2004           85      0-29      6ML        6.125
4000173200       359      335,750.00  335,750.00    6.625   1,853.62   10/1/2004           85      0-29      6ML            5
34652818         359      131,575.00  131,472.35     7.25     897.58   10/1/2004           95      0-29      6ML         5.75
34738971         358      139,200.00  138,901.66    5.625     801.32    9/1/2004           80      0-29      6ML         3.75
34969527         359       68,400.00   68,359.62    8.625     532.01   10/1/2004           95      0-29      6ML            7
34969584         358       72,800.00   72,780.00    6.375     386.75    9/1/2004           80      0-29      6ML         4.25
35010040         359      194,750.00  194,750.00      7.5   1,217.19   10/1/2004           95      0-29      6ML        5.625
35146026         359       41,120.00   41,084.59     6.75     266.71   10/1/2004           80      0-29      6ML            5
4000166594       359      396,000.00  395,615.11    6.125   2,406.14   10/1/2004        88.99      0-29      6ML         5.25
34989848         358      187,000.00  186,692.53        7   1,244.12   10/1/2004           85      0-29      6ML        5.625
35026939         359      217,350.00  217,350.00    7.375   1,335.80   10/1/2004           69      0-29      6ML        5.125
35144252         359      178,000.00  178,000.00     8.75   1,297.92   10/1/2004          100      0-29      FIX            0
34860981         359      178,000.00  177,845.81    6.875   1,169.34   10/1/2004        78.76      0-29      6ML        4.375
35083260         359       74,000.00   73,947.77     7.75     530.15   10/1/2004        78.72      0-29      6ML        5.375
34997379         359      223,000.00  223,000.00    7.875   1,463.44   10/1/2004         89.2      0-29      6ML        5.625
35091420         359       54,000.00   53,958.90    7.375     372.97   10/1/2004           90      0-29      6ML         5.75
34017368         358       40,800.00   40,756.39    9.125     331.97    9/1/2004           80      0-29      FIX            0
35265396         359      467,100.00  467,100.00    6.875   2,676.09   10/1/2004           90      0-29      6ML          4.5
34900712         359      132,600.00  132,508.74    7.875     961.45   10/1/2004           85      0-29      6ML            6
34989061         359      150,000.00  149,857.67     6.25     923.58   10/1/2004           75      0-29      6ML            4
4000174972       359      568,000.00  568,000.00    6.125   2,899.17   10/1/2004           80      0-29      6ML        3.875
35122290         359      262,200.00  262,019.55    7.875   1,901.14   10/1/2004           95      0-29      6ML         4.75
4000169751       359      408,500.00  408,500.00    6.999   2,382.58   10/1/2004           95      0-29      6ML          5.5
35344308         359      139,100.00  139,100.00     6.75     782.44   10/1/2004        79.99      0-29      6ML        4.625
33019944         359       96,300.00   96,240.14    8.375     731.95   10/1/2004           90      0-29      6ML        6.625
35403484         359      171,000.00  171,000.00      7.5   1,068.75   10/1/2004           90      0-29      FIX            0
34653857         359       38,300.00   38,274.29        8     281.04   10/1/2004        79.79      0-29      6ML        5.875
35013465         359      153,000.00  152,877.65    7.125   1,030.79   10/1/2004           90      0-29      6ML        5.875
35085158         359       54,600.00   54,560.48    7.625     386.46   10/1/2004        94.96      0-29      6ML        6.125
35110691         359      129,200.00  129,088.76     6.75     837.99   10/1/2004        79.99      0-29      FIX            0
35122266         359      200,000.00  199,881.92    8.625   1,555.58   10/1/2004          100      0-29      6ML        6.375
35152198         359      163,200.00  163,103.64    8.625   1,269.36   10/1/2004           85      0-29      6ML        6.875
35225176         359      137,350.00  137,350.00    6.125     701.06   10/1/2004           80      0-29      6ML        3.875
35243260         359       95,800.00   95,721.32     6.99     636.72   10/1/2004        79.98      0-29      6ML        5.125
4000169553       359      154,400.00  154,400.00    5.625     723.75   10/1/2004           80      0-29      6ML        2.875
35211150         359      249,000.00  248,746.13    5.875   1,472.93   10/1/2004           83      0-29      6ML        4.375
4000149504       359       76,000.00   75,997.08    5.875     372.08   10/1/2004           80      0-29      6ML            4
4000151892       359       76,000.00   75,920.65     5.75     443.52   10/1/2004           80      0-29      FIX            0
34801100         358      463,500.00  463,500.00    6.625   2,558.91    9/1/2004           90      0-29      6ML            5
34854828         358       73,650.00   73,509.63    6.875     483.83    9/1/2004        79.97      0-29      6ML         5.25
35008556         358      235,800.00  235,372.51      6.5   1,490.42    9/1/2004           90      0-29      6ML            5
35026681         358      184,000.00  183,632.02     5.99   1,102.00    9/1/2004         75.1      0-29      6ML        4.125
4000164699       359       44,150.00   44,103.53     8.25     331.68   10/1/2004        94.95      0-29      FIX            0
34962696         359       85,400.00   85,349.57    8.625     664.24   10/1/2004        94.99      0-29      FIX            0
34972232         359       88,350.00   88,281.07     7.25     602.71   10/1/2004        92.03      0-29      FIX            0
35148741         359       42,275.00   42,242.01     7.25      288.4   10/1/2004           95      0-29      6ML        5.875
4000166659       359      575,000.00  574,528.68        7   3,825.49   10/1/2004        79.86      0-29      FIX            0
34528984         359      105,000.00  104,934.73    8.375     798.08   10/1/2004          100      0-29      6ML        6.375
35193002         359      208,000.00  208,000.00    5.625        975   10/1/2004           80      0-29      6ML        3.375
35247451         359      100,000.00   99,890.54      5.5     567.79   10/1/2004        76.34      0-29      6ML          3.5
34750943         358      120,000.00  119,864.94    8.875     954.78    9/1/2004          100      0-29      6ML         6.25
34794495         358      348,500.00  348,500.00     7.75   2,250.73   10/1/2004           85      0-29      6ML        5.625
34796912         359      418,000.00  418,000.00     7.25   2,525.42   10/1/2004           95      0-29      6ML            5
34864272         359       50,000.00   49,971.96    8.875     397.83   10/1/2004          100      0-29      FIX            0
34892869         359       70,200.00   70,156.70      8.5     539.78   10/1/2004           90      0-29      6ML            7
34920348         359      202,500.00  202,500.00    7.375   1,244.53   10/1/2004           90      0-29      6ML        5.125
35022813         359      168,500.00  168,500.00    8.125   1,140.89   10/1/2004        88.68      0-29      6ML        6.125
4000160420       359      788,000.00  788,000.00    6.625   4,350.42   10/1/2004           80      0-29      6ML        3.625
34652503         359      104,500.00  104,428.08    7.875      757.7   10/1/2004           95      0-29      6ML         6.25
35344597         359      216,000.00  216,000.00    6.375   1,147.50   10/1/2004           80      0-29      6ML         4.75
35111491         359      121,600.00  121,600.00    6.375        646   10/1/2004        79.98      0-29      6ML          4.5
35068345         358       99,450.00   99,449.99        7     580.13    9/1/2004         79.9      0-29      6ML        5.125
4000172159       359      272,500.00  272,500.00    7.625   1,731.51   10/1/2004        94.95      0-29      6ML        5.625
35069392         359       90,300.00   90,300.00      7.5     564.38   10/1/2004        79.98      0-29      6ML          4.5
34790071         359      372,000.00  372,000.00     5.99   1,856.90   10/1/2004           80      0-29      6ML        4.125
34998245         359      355,000.00  355,000.00     6.25   1,848.96   10/1/2004          100      0-29      6ML         5.25
35124791         359      150,000.00  149,888.67      7.5   1,048.83   10/1/2004           75      0-29      6ML        5.125
35284058         359      173,950.00  173,950.00    6.875     996.59   10/1/2004        89.66      0-29      6ML         5.25
34796060         358      423,200.00  423,200.00     5.99   2,112.47    9/1/2004           80      0-29      6ML         4.25
35245927         359       63,750.00   63,710.37    8.375     484.55   10/1/2004           85      0-29      6ML        6.375
4000161505       359      548,000.00  547,550.72    6.999   3,645.49   10/1/2004           80      0-29      FIX            0
35203801         359      578,550.00  578,550.00    6.875   3,314.61   10/1/2004           95      0-29      6ML        5.375
35185776         359      212,500.00  212,500.00    6.875   1,217.45   10/1/2004           85      0-29      6ML            5
4000175563       359      334,400.00  334,400.00    6.125   1,706.83   10/1/2004           80      0-29      6ML         4.25
34857805         359      128,350.00  128,209.51      5.5     728.76   10/1/2004           85      0-29      6ML         4.25

<CAPTION>
             INITIAL  PERIODIC                           PREPAYMENT
  LOANID       CAP      CAP       FLOOR    CEILING          TERM                                PREPAYMENT PENALTY
--------------------------------------------------------------------------------------------------------------------------
<S>             <C>      <C>      <C>       <C>              <C>                        <C>
35243625        3        1          8.5       14.5           24                              6 mo.s interest less 20% obal
35282938        3        1         6.75      12.75            0                                                       None
4000168888      3        1        8.125     14.125           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000168926      3        1        5.625     11.625           36                              6 mo.s interest less 20% obal
35017615        3        1          8.5       14.5           24                              6 mo.s interest less 20% obal
35325281        3        1            7         13           36                              6 mo.s interest less 20% obal
35403021        3        1        5.875     11.875            0                                                       None
4000178009      0        0            0          0           36                              6 mo.s interest less 20% obal
34375915        0        0            0          0            0                                                       None
34377499        3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
34524892        3        1         7.75      13.75           12                              6 mo.s interest less 20% obal
34647560        3        1            9         15           24                                                 2% prepaid
34715847        3        1         6.75      12.75           36                              6 mo.s interest less 20% obal
34919464        3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
35002336        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
35024280        3        1        7.375     13.375           24                              6 mo.s interest less 20% obal
4000160886      0        0            0          0           36                              6 mo.s interest less 20% obal
4000161229      0        0            0          0           36                              6 mo.s interest less 20% obal
4000162900      3        1          8.5       14.5            0                                                       None
34658385        3        1          7.5       13.5           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34868703        3        1        7.375     13.375            0                                                       None
35074533        3        1         7.75      13.75            0                                                       None
35085398        3        1        7.875     13.875            0                                                       None
35125384        3        1          7.5       13.5           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35128180        3        1        7.375     13.375            0                                                       None
35152206        3        1        9.375     15.375           24                              6 mo.s interest less 20% obal
35154020        3        1        7.375     13.375           24                              6 mo.s interest less 20% obal
35156207        3        1          6.5       12.5            0                                                       None
35192608        0        0            0          0           36                              6 mo.s interest less 20% obal
35284025        3        1        8.375     14.375            0                                                       None
4000171737      3        1         7.75      13.75           24                              6 mo.s interest less 20% obal
4000173200      3        1        6.625     12.625           36                              6 mo.s interest less 20% obal
34652818        3        1         7.25      13.25           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34738971        3        1        5.625     11.625           24                              6 mo.s interest less 20% obal
34969527        3        1        8.625     14.625           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34969584        3        1        6.375     12.375           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35010040        3        1          7.5       13.5           36                              6 mo.s interest less 20% obal
35146026        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
4000166594      3        1        6.125     12.125           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34989848        3        1            7         13           36                         min (2% prepaid, 60 days interest)
35026939        3        1        7.375     13.375           24                              6 mo.s interest less 20% obal
35144252        0        0            0          0            0                                                       None
34860981        3        1        6.875     12.875            0                                                       None
35083260        3        1         7.75      13.75           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34997379        3        1        7.875     13.875           36                         min (2% prepaid, 60 days interest)
35091420        3        1        7.375     13.375           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34017368        0        0            0          0           36                              6 mo.s interest less 20% obal
35265396        3        1        6.875     12.875            0                                                       None
34900712        3        1        7.875     13.875           24                              6 mo.s interest less 20% obal
34989061        3        1         6.25      12.25           36                         min (2% prepaid, 60 days interest)
4000174972      3        1        6.125     12.125           36                              6 mo.s interest less 20% obal
35122290        3        1        7.875     13.875           12                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000169751      3        1        6.999     12.999           24                              6 mo.s interest less 20% obal
35344308        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
33019944        3        1        8.375     14.375           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35403484        0        0            0          0            0                                                       None
34653857        3        1            8         14           24                              6 mo.s interest less 20% obal
35013465        3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
35085158        3        1        7.625     13.625           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35110691        0        0            0          0           36                              6 mo.s interest less 20% obal
35122266        3        1        8.625         15           36                                                 2% prepaid
35152198        3        1        8.625     14.625            0                                                       None
35225176        3        1        6.125     12.125           36                              6 mo.s interest less 20% obal
35243260        3        1         6.99      12.99           36                              6 mo.s interest less 20% obal
4000169553      1        1        5.625     11.625           12                              6 mo.s interest less 20% obal
35211150        3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
4000149504      3        1        5.875     11.875           36                              6 mo.s interest less 20% obal
4000151892      0        0            0          0            0                                                       None
34801100        3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
34854828        3        1        6.875     12.875           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35008556        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
35026681        3        1         5.99      11.99           24                              6 mo.s interest less 20% obal
4000164699      0        0            0          0           36                                                 1% prepaid
34962696        0        0            0          0           36                              6 mo.s interest less 20% obal
34972232        0        0            0          0           36                                                 1% prepaid
35148741        3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
4000166659      0        0            0          0            0                                                       None
34528984        3        1        8.375     14.375           24                                                 2% prepaid
35193002        3        1        5.625     11.625           36                              6 mo.s interest less 20% obal
35247451        3        1          5.5       11.5           24                              6 mo.s interest less 20% obal
34750943        3        1        8.875     14.875           24                              6 mo.s interest less 20% obal
34794495        3        1         7.75      13.75           24                              6 mo.s interest less 20% obal
34796912        3        1         7.25      13.25            0                                                       None
34864272        0        0            0          0           12                              6 mo.s interest less 20% obal
34892869        3        1          8.5       14.5           24                              6 mo.s interest less 20% obal
34920348        3        1        7.375     13.375            0                                                       None
35022813        3        1        8.125     14.125           24                              6 mo.s interest less 20% obal
4000160420      3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
34652503        3        1        7.875     13.875           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35344597        3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
35111491        3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
35068345        3        1            7         13            0                                                       None
4000172159      3        1        7.625     13.625           12                              6 mo.s interest less 20% obal
35069392        3        1          7.5       13.5            0                                                       None
34790071        3        1         5.99      11.99           24                              6 mo.s interest less 20% obal
34998245        3        1         6.25      12.25           36                         min (2% prepaid, 60 days interest)
35124791        3        1          7.5       13.5            0                                                       None
35284058        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
34796060        3        1         5.99      11.99           36                              6 mo.s interest less 20% obal
35245927        3        1        8.375     14.375           24                              6 mo.s interest less 20% obal
4000161505      0        0            0          0           36                              6 mo.s interest less 20% obal
35203801        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
35185776        3        1        6.875     12.875           36                              6 mo.s interest less 20% obal
4000175563      3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
34857805        3        1          5.5       11.5           36                              3%/2%/1%-1st yr/2nd yr/3rd yr

<CAPTION>
                                              PAYMENT
              FIRST RATE      RATE RESET       RESET                                  MI
  LOANID      RESET DATE       FREQUENCY     FREQUENCY  PURPOSE   DIV  IO    IOTERM  FLAG
-----------------------------------------------------------------------------------------
<S>           <C>                  <C>            <C>  <C>         <C>  <C>    <C>    <C>
35243625        9/1/2006           6              6    Purchase    N    N       0     N
35282938        9/1/2006           6              6    C/O Refi    N    N       0     N
4000168888      9/1/2006           6              6    R/T Refi    N    N       0     N
4000168926      9/1/2007           6              6    Purchase    N    Y      60     N
35017615        9/1/2006           6              6    Purchase    N    N       0     N
35325281        9/1/2009           6              6    C/O Refi    N    N       0     N
35403021        9/1/2006           6              6    Purchase    N    Y      60     N
4000178009    00/00/0000           0              0    Purchase    N    N       0     N
34375915      00/00/0000           0              0    C/O Refi    N    N       0     N
34377499        9/1/2006           6              6    Purchase    N    Y      60     N
34524892        9/1/2006           6              6    Purchase    N    N       0     N
34647560        9/1/2006           6              6    C/O Refi    N    N       0     Y
34715847        9/1/2009           6              6    Purchase    N    Y      60     Y
34919464        8/1/2006           6              6    Purchase    N    N       0     N
35002336        8/1/2006           6              6    C/O Refi    N    N       0     N
35024280        8/1/2006           6              6    Purchase    N    N       0     N
4000160886    00/00/0000           0              0    R/T Refi    N    N       0     N
4000161229    00/00/0000           0              0    Purchase    N    N       0     Y
4000162900      9/1/2007           6              6    Purchase    N    N       0     Y
34658385        9/1/2006           6              6    Purchase    N    N       0     N
34868703        9/1/2006           6              6    Purchase    N    N       0     Y
35074533        9/1/2007           6              6    R/T Refi    N    N       0     Y
35085398        9/1/2006           6              6    C/O Refi    N    N       0     N
35125384        9/1/2006           6              6    Purchase    N    N       0     Y
35128180        9/1/2006           6              6    C/O Refi    N    N       0     N
35152206        9/1/2006           6              6    C/O Refi    N    N       0     Y
35154020        9/1/2006           6              6    C/O Refi    N    Y      60     N
35156207        9/1/2007           6              6    Purchase    N    Y      60     N
35192608      00/00/0000           0              0    C/O Refi    N    N       0     N
35284025        9/1/2006           6              6    Purchase    N    N       0     N
4000171737      9/1/2006           6              6    Purchase    N    Y      60     N
4000173200      9/1/2007           6              6    C/O Refi    N    Y      60     N
34652818        9/1/2006           6              6    C/O Refi    N    N       0     Y
34738971        8/1/2006           6              6    Purchase    N    N       0     N
34969527        9/1/2006           6              6    C/O Refi    N    N       0     Y
34969584        8/1/2006           6              6    R/T Refi    N    Y      60     N
35010040        9/1/2007           6              6    C/O Refi    N    Y      60     N
35146026        9/1/2006           6              6    Purchase    N    N       0     N
4000166594      9/1/2006           6              6    R/T Refi    N    N       0     N
34989848        8/1/2006           6              6    C/O Refi    N    N       0     Y
35026939        9/1/2006           6              6    C/O Refi    N    Y      60     N
35144252      00/00/0000           0              0    Purchase    N    Y      60     N
34860981        9/1/2007           6              6    C/O Refi    N    N       0     N
35083260        9/1/2007           6              6    C/O Refi    N    N       0     N
34997379        9/1/2007           6              6    C/O Refi    N    Y      60     N
35091420        9/1/2007           6              6    Purchase    N    N       0     Y
34017368      00/00/0000           0              0    C/O Refi    N    N       0     N
35265396        9/1/2006           6              6    Purchase    N    Y      60     Y
34900712        9/1/2006           6              6    C/O Refi    N    N       0     Y
34989061        9/1/2006           6              6    C/O Refi    N    N       0     N
4000174972      9/1/2009           6              6    Purchase    N    Y      60     N
35122290        9/1/2006           6              6    C/O Refi    N    N       0     Y
4000169751      9/1/2006           6              6    C/O Refi    N    Y      60     Y
35344308        9/1/2006           6              6    Purchase    N    Y      60     N
33019944        9/1/2006           6              6    Purchase    N    N       0     Y
35403484      00/00/0000           0              0    C/O Refi    N    Y      60     Y
34653857        9/1/2006           6              6    C/O Refi    N    N       0     N
35013465        9/1/2006           6              6    C/O Refi    N    N       0     N
35085158        9/1/2007           6              6    Purchase    N    N       0     Y
35110691      00/00/0000           0              0    Purchase    N    N       0     N
35122266        9/1/2006           6              6    Purchase    N    N       0     N
35152198        9/1/2007           6              6    C/O Refi    N    N       0     Y
35225176        9/1/2007           6              6    Purchase    N    Y      60     N
35243260        9/1/2007           6              6    Purchase    N    N       0     N
4000169553      3/1/2005           6              6    Purchase    N    Y      60     N
35211150        9/1/2006           6              6    C/O Refi    N    N       0     Y
4000149504      9/1/2007           6              6    Purchase    N    Y      60     N
4000151892    00/00/0000           0              0    Purchase    N    N       0     N
34801100        8/1/2006           6              6    C/O Refi    N    Y      60     Y
34854828        8/1/2006           6              6    Purchase    N    N       0     N
35008556        8/1/2009           6              6    C/O Refi    N    N       0     Y
35026681        8/1/2006           6              6    C/O Refi    N    N       0     N
4000164699    00/00/0000           0              0    Purchase    N    N       0     Y
34962696      00/00/0000           0              0    Purchase    N    N       0     Y
34972232      00/00/0000           0              0    C/O Refi    N    N       0     Y
35148741        9/1/2006           6              6    Purchase    N    N       0     Y
4000166659    00/00/0000           0              0    Purchase    N    N       0     N
34528984        9/1/2006           6              6    Purchase    N    N       0     N
35193002        9/1/2009           6              6    Purchase    N    Y      60     N
35247451        9/1/2006           6              6    C/O Refi    N    N       0     N
34750943        8/1/2006           6              6    Purchase    N    N       0     N
34794495        8/1/2006           6              6    C/O Refi    N    Y      60     N
34796912        9/1/2007           6              6    Purchase    N    Y      60     N
34864272      00/00/0000           0              0    Purchase    N    N       0     Y
34892869        9/1/2006           6              6    Purchase    N    N       0     Y
34920348        9/1/2006           6              6    Purchase    N    Y      60     Y
35022813        9/1/2006           6              6    C/O Refi    N    Y      60     N
4000160420      9/1/2009           6              6    Purchase    N    Y      60     N
34652503        9/1/2006           6              6    C/O Refi    N    N       0     N
35344597        9/1/2006           6              6    Purchase    N    Y      60     N
35111491        9/1/2006           6              6    Purchase    N    Y      60     N
35068345        8/1/2006           6              6    Purchase    N    Y      60     N
4000172159      9/1/2006           6              6    C/O Refi    N    Y      60     Y
35069392        9/1/2006           6              6    Purchase    N    Y      60     N
34790071        9/1/2006           6              6    Purchase    N    Y      60     N
34998245        9/1/2006           6              6    Purchase    N    Y      60     N
35124791        9/1/2006           6              6    C/O Refi    N    N       0     N
35284058        9/1/2006           6              6    R/T Refi    N    Y      60     Y
34796060        8/1/2007           6              6    Purchase    N    Y      60     N
35245927        9/1/2006           6              6    C/O Refi    N    N       0     Y
4000161505    00/00/0000           0              0    Purchase    N    N       0     N
35203801        9/1/2006           6              6    Purchase    N    Y      60     N
35185776        9/1/2009           6              6    C/O Refi    N    Y      60     N
4000175563      9/1/2006           6              6    Purchase    N    Y      60     N
34857805        9/1/2006           6              6    C/O Refi    N    N       0     Y
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
                                                          PROPERTY                    ORIGINAL ORIGINATION  FIRST PAY   MATURITY
  LOANID              CITY                 ZIP    STATE     TYPE       OCCUPANCY        TERM      DATE        DATE        DATE
--------------------------------------------------------------------------------------------------------------------------------
<S>           <C>                         <C>       <C>   <C>        <C>                <C>     <C>         <C>         <C>
34977173      EVANSVILLE                  47714     IN       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
35229558      ORMOND BEACH                32174     FL       PUD     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
4000163797    STOCKTON                    95206     CA       SFR     Owner Occupied     360     7/23/2004    9/1/2004   8/1/2034
4000164667    WHITTIER                    90602     CA       SFR     Owner Occupied     180      8/7/2004   10/1/2004   9/1/2019
34721076      NORWALK                     90650     CA       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
35024876      SANTA CALRITA               91387     CA       PUD     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
34419622      HILLSBORO                   97123     OR       PUD     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
35156496      MEMPHIS                     38128     TN       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
4000165108    HOWARD                      43028     OH       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
34935718      ST. HELENS                  97051     OR       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
4000165849    DETROIT                     48212     MI       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35149285      AUGUSTA                     30906     GA       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34940650      PORTLAND                    97214     OR    Units 2-4  Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
4000174973    DETROIT                     48228     MI       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
4000159722    OKLAHOMA CITY               73112     OK       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
35111426      HEATH                       75032     TX       PUD     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
34790378      SANTEE                      92071     CA       PUD     Owner Occupied     360     7/21/2004    9/1/2004   8/1/2034
4000170116    WARREN                      48091     MI       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
4000173211    AKRON                       44312     OH       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34989640      MINNEAPOLIS                 55406     MN       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
4000165213    SEVILLE                     44273     OH       SFR     Owner Occupied     180     8/26/2004   10/1/2004   9/1/2019
33018094      PLAINFIELD                  46168     IN       PUD     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35248830      HOUSTON                     77077     TX       PUD     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
4000164536    SANTA MARIA                 93455     CA       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
34228486      SCOTTSDALE                  85260     AZ       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
35131267      PLAINFIELD                  60544     IL       PUD     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000177670    SNOHOMISH                   98296     WA       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000173047    NEWPORT                     48166     MI       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
34865477      NEWBURGH                    12550     NY       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35124064      AURORA                      60504     IL       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
34864389      EAST ELMHURST               11370     NY    Units 2-4  Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
34375709      CLIFTON                      7011     NJ    Units 2-4  Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
4000168704    CANYON COUNTRY              91387     CA      Condo    Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
4000166577    PLANTATION                  33317     FL       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
35105048      ROWLETT                     75089     TX       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35124171      ELGIN                       60123     IL       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35225838      PORT CHARLOTTE              33952     FL       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34851428      KENOSHA                     53142     WI       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
34378463      YORK                        17404     PA       SFR     Owner Occupied     360      8/5/2004    9/1/2004   8/1/2034
34620898      HAZEL CREST                 60429     IL       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
35078294      CARY                        27511     NC       PUD     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
33773391      BROOKLYN                    11219     NY    Units 2-4  Investor           360     8/18/2004   10/1/2004   9/1/2034
35125475      ROMEOVILLE                  60446     IL       PUD     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
35128578      BELLWOOD                    60104     IL       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
35086131      LEWIS CENTER                43035     OH       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34978494      LEXINGTON                   40517     KY       SFR     Investor           360     8/16/2004   10/1/2004   9/1/2034
34990176      BROOKLYN CENTER             55430     MN       SFR     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
35009422      GRANBY                      80446     CO      Condo     Second Home       360     8/11/2004   10/1/2004   9/1/2034
34823088      BROCKTON                     2301     MA    Units 2-4  Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
33792110      STOCKTON                    95206     CA       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
4000161986    BENICIA                     94510     CA       SFR     Owner Occupied     360      7/9/2004    9/1/2004   8/1/2034
34995688      SAINT PAUL                  55106     MN       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35011055      GREENWOOD VILLAGE           80111     CO       PUD     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
34380428      MANASQUAN                    8736     NJ       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34378240      TOMS RIVER                   8757     NJ       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34918391      ATLANTA                     30308     GA    Condo >4   Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
35110212      ARLINGTON                   76017     TX       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
35224021      MONTICELLO                  32344     FL       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
35161736      CLARKSVILLE                 37042     TN       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34995563      MINNEAPOLIS                 55412     MN       SFR     Investor           360     8/16/2004   10/1/2004   9/1/2034
34973677      SPRINGDALE                  15144     PA       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
4000175952    MILAN                       48160     MI       SFR     Owner Occupied     360      9/1/2004   10/1/2004   9/1/2034
35073139      CONWAY                      29526     SC       SFR     Owner Occupied     360      8/5/2004    9/1/2004   8/1/2034
4000171393    COALINGA                    93210     CA       SFR      Second Home       360     8/16/2004   10/1/2004   9/1/2034
4000168245    COALINGA                    93210     CA       SFR     Investor           360     8/16/2004   10/1/2004   9/1/2034
35222538      PORT RICHEY                 34668     FL       PUD      Second Home       360      8/5/2004    9/1/2004   8/1/2034
4000026989    LEVERETT                     1054     MA    Units 2-4  Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
34793240      EL CAJON                    92021     CA      Condo    Owner Occupied     360     7/21/2004   10/1/2004   9/1/2034
34869149      GLENVILLE                   12302     NY       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000164408    DETROIT                     48205     MI       SFR     Investor           360     8/13/2004   10/1/2004   9/1/2034
35302249      LAS VEGAS                   89148     NV       PUD     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34994699      MINNEAPOLIS                 55412     MN       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34650994      NEOSHO                      64850     MO       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
34858761      CHICAGO                     60639     IL       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
34801316      SACRAMENTO                  95825     CA       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
34973529      NEW CARLISLE                45344     OH       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34994145      SOUTH SAINT PAUL            55075     MN       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
35267947      CLAREMONT                   91711     CA       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
35106764      AUSTIN                      78733     TX       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
34673038      VALENCIA AREA               91354     CA       PUD     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
35228410      KISSIMMEE                   34746     FL       PUD     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
35186857      APPLE VALLEY                92307     CA       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
35024983      GLENDALE                    91207     CA       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
4000175615    BOULDER CREEK               95006     CA       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34737148      SALT LAKE CITY              84119     UT       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
33900671      SCOTTSVILLE                 24590     VA       SFR     Owner Occupied     360     6/23/2004    8/1/2004   7/1/2034
4000171195    COLTON                      92324     CA       PUD     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
34849158      BELLEVILLE                  62220     IL       SFR     Owner Occupied     360      8/2/2004    9/1/2004   8/1/2034
34646661      MENOMONEE FALLS             53051     WI       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34740662      HEBER CITY                  84032     UT       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
35222231      LAKELAND                    33810     FL       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
35123132      CAROL STREAM                60188     IL       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34530493      OKLAHOMA CITY               73118     OK       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34989103      BROOKLYN PARK               55443     MN       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
34736447      SANDY                       84070     UT       SFR     Owner Occupied     360     7/27/2004    9/1/2004   8/1/2034
4000156434    SAGINAW                     48603     MI       SFR     Owner Occupied     360     7/15/2004    9/1/2004   8/1/2034
4000164015    PAINESVILLE                 44077     OH      Condo    Owner Occupied     360      8/2/2004    9/1/2004   8/1/2034
34829176      SALEM                        3079     NH       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
34843045      SCHAUMBURG                  60193     IL       SFR     Owner Occupied     360     7/28/2004   10/1/2004   9/1/2034
4000158499    INDIANAPOLIS                46203     IN      Condo    Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
35265115      VICTORVILLE                 92392     CA       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
35211853      EL CAJON                    92019     CA       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
34868596      ROTTERDAM                   12306     NY       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34028951      SANFORD                      4073     ME       SFR     Owner Occupied     360     5/25/2004    7/1/2004   6/1/2034
34381764      PHILADELPHIA                19138     PA       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034

<CAPTION>
                                                                                      ORIGINAL
                                                                                      COMBAINED
              REMAINING     ORIGINAL   SCHEDULED                       PAID THRU       LOAN TO      OTS
  LOANID        TERM        BALANCE     BALANCE      RATE      P&I        DATE          VALUE   DELINQUENCY INDEX       MARGIN
------------------------------------------------------------------------------------------------------------------------------
<S>              <C>      <C>         <C>           <C>     <C>        <C>              <C>        <C>       <C>        <C>
34977173         359      106,250.00  106,250.00    7.625     675.13   10/1/2004           85      0-29      6ML        5.625
35229558         359      160,000.00  160,000.00    7.375     983.33   10/1/2004         79.6      0-29      6ML        5.375
4000163797       358      310,000.00  309,900.00        6   1,550.00   10/1/2004           80      0-29      6ML        4.125
4000164667       179      241,800.00  240,977.38    6.125   2,056.81   10/1/2004        69.09      0-29      FIX            0
34721076         359      220,800.00  220,622.07     7.25   1,506.25   10/1/2004        75.62      0-29      FIX            0
35024876         358      508,200.00  508,200.00      6.5   2,752.75    9/1/2004        79.95      0-29      6ML            4
34419622         359      114,100.00  114,100.00     6.25     594.27   10/1/2004        79.99      0-29      6ML        4.125
35156496         359       80,750.00   80,682.15    6.875     530.48   10/1/2004           95      0-29      FIX            0
4000165108       359      124,950.00  124,950.00      8.5     885.06   10/1/2004        89.96      0-29      6ML          6.5
34935718         359      161,600.00  161,600.00    6.625     892.17   10/1/2004           80      0-29      6ML        4.625
4000165849       359       55,550.00   55,516.35      8.5     427.13   10/1/2004        94.96      0-29      FIX            0
35149285         359       88,872.00   88,823.45        9     715.09   10/1/2004           92      0-29      FIX            0
34940650         359      256,000.00  256,000.00     6.75   1,440.00   10/1/2004           80      0-29      FIX            0
4000174973       359       85,500.00   85,452.06    8.875     680.28   10/1/2004           90      0-29      6ML        6.875
4000159722       359       80,000.00   80,000.00     6.75        450   10/1/2004        88.89      0-29      6ML        5.125
35111426         359      217,200.00  217,200.00      6.5   1,176.50   10/1/2004           80      0-29      6ML         4.25
34790378         358      280,000.00  280,000.00     5.75   1,341.67   10/1/2004           80      0-29      6ML        3.875
4000170116       359      165,000.00  164,889.26    7.999   1,210.60   10/1/2004          100      0-29      6ML         6.25
4000173211       359       83,700.00   83,700.00        9     627.75   10/1/2004           90      0-29      6ML        7.125
34989640         359      135,900.00  135,815.53    8.375   1,032.94   10/1/2004           90      0-29      FIX            0
4000165213       179      113,000.00  112,677.04    8.125   1,088.06   10/1/2004         90.4      0-29      FIX            0
33018094         359      122,000.00  121,924.17    8.375     927.29   10/1/2004          100      0-29      6ML        6.375
35248830         359      152,000.00  152,000.00     5.25        665   10/1/2004           80      0-29      6ML          3.5
4000164536       359      324,700.00  324,700.00     5.75   1,555.85   10/1/2004        79.99      0-29      6ML         3.75
34228486         359      234,000.00  233,821.95    7.375   1,616.18   10/1/2004        94.74      0-29      6ML          5.5
35131267         359      183,000.00  182,860.75    7.375   1,263.94   10/1/2004        93.37      0-29      6ML        5.625
4000177670       359      237,600.00  237,600.00    5.999   1,187.80   10/1/2004           80      0-29      6ML        3.625
4000173047       359      215,050.00  215,050.00        7   1,254.46   10/1/2004           95      0-29      6ML        5.625
34865477         359      122,400.00  122,259.60     5.25      675.9   10/1/2004           80      0-29      6ML        3.375
35124064         359      213,500.00  213,356.45     7.99   1,565.10   10/1/2004        97.05      0-29      6ML        5.625
34864389         359      420,000.00  419,561.49     5.75   2,451.01   10/1/2004           75      0-29      6ML        4.625
34375709         359      389,000.00  388,732.29    7.875   2,820.52   10/1/2004          100      0-29      6ML          6.5
4000168704       358      218,500.00  218,500.00    5.875   1,069.74    9/1/2004           95      0-29      6ML         4.75
4000166577       359      351,000.00  350,666.95     6.25   2,161.17   10/1/2004           90      0-29      6ML        5.125
35105048         359      152,000.00  151,859.21    6.375     948.29   10/1/2004           80      0-29      6ML          4.5
35124171         359      152,000.00  151,889.98    7.625   1,075.85   10/1/2004        77.95      0-29      FIX            0
35225838         359       87,100.00   87,032.05     7.25     594.18   10/1/2004        84.98      0-29      6ML        4.875
34851428         359      103,900.00  103,812.71    6.875     682.55   10/1/2004        79.98      0-29      6ML        5.125
34378463         358      206,800.00  206,442.88     6.75   1,341.31    9/1/2004        89.99      0-29      6ML        5.875
34620898         359       72,750.00   72,697.35    7.625     514.92   10/1/2004        66.14      0-29      FIX            0
35078294         359       74,600.00   74,535.77     6.75     483.86   10/1/2004        74.97      0-29      6ML        4.625
33773391         359      543,750.00  543,281.83     6.75   3,526.76   10/1/2004           75      0-29      6ML        4.875
35125475         359      247,000.00  247,000.00    7.875   1,620.94   10/1/2004           95      0-29      6ML         5.75
35128578         359      159,300.00  159,162.84     6.75   1,033.22   10/1/2004           90      0-29      6ML          5.5
35086131         359      200,200.00  200,200.00      5.5     917.58   10/1/2004           80      0-29      6ML            4
34978494         359       95,400.00   95,400.00     7.75     616.13   10/1/2004           90      0-29      6ML        5.125
34990176         358       95,000.00   94,847.59    7.125     640.04    9/1/2004        79.17      0-29      6ML        5.125
35009422         359      106,250.00  106,250.00      7.5     664.06   10/1/2004           85      0-29      6ML        5.125
34823088         359      280,000.00  280,000.00    6.625   1,545.83   10/1/2004           80      0-29      6ML          4.5
33792110         359      299,100.00  299,100.00    6.125   1,526.66   10/1/2004        83.28      0-29      6ML            5
4000161986       358      488,000.00  488,000.00    6.125   2,490.83    9/1/2004           80      0-29      6ML         4.25
34995688         359      140,250.00  140,250.00     6.25     730.47   10/1/2004           85      0-29      6ML        4.625
35011055         359      500,000.00  500,000.00     6.75   2,812.50   10/1/2004        88.03      0-29      6ML        4.875
34380428         359      463,200.00  462,847.54    7.375   3,199.21   10/1/2004        84.99      0-29      6ML         6.25
34378240         359      180,500.00  180,366.04      7.5   1,262.09   10/1/2004           95      0-29      6ML            6
34918391         359      175,000.00  175,000.00    8.125   1,184.90   10/1/2004        89.74      0-29      6ML         6.25
35110212         359      101,600.00  101,531.69     7.99      744.8   10/1/2004           80      0-29      FIX            0
35224021         359       92,000.00   92,000.00     6.99      535.9   10/1/2004           80      0-29      6ML        5.125
35161736         359       91,900.00   91,849.80        9     739.45   10/1/2004          100      0-29      FIX            0
34995563         359       93,100.00   93,043.60      8.5     715.86   10/1/2004           70      0-29      6ML        4.625
34973677         359       59,000.00   58,961.40    8.125     438.08   10/1/2004          100      0-29      FIX            0
4000175952       359      124,700.00  124,700.00     6.25     649.48   10/1/2004        79.99      0-29      6ML          4.5
35073139         358       93,400.00   93,400.00     6.25     486.46    9/1/2004           80      0-29      6ML        4.125
4000171393       359      350,000.00  350,000.00      7.5   2,187.50   10/1/2004        86.42      0-29      6ML        4.875
4000168245       359      103,200.00  103,200.00      7.5        645   10/1/2004           80      0-29      FIX            0
35222538         358      142,400.00  142,160.04    6.875     935.47    9/1/2004           95      0-29      6ML         5.75
4000026989       359      196,000.00  196,000.00    5.375     877.92   10/1/2004           80      0-29      6ML        3.375
34793240         359      268,400.00  268,400.00     6.25   1,397.92   10/1/2004           80      0-29      6ML        4.375
34869149         359       96,900.00   96,828.09      7.5     677.54   10/1/2004           95      0-29      6ML         5.75
4000164408       359       73,850.00   73,850.00     7.25     446.18   10/1/2004        74.97      0-29      6ML        4.625
35302249         359      360,000.00  359,674.55      6.5   2,275.45   10/1/2004        61.86      0-29      6ML          4.5
34994699         359      160,000.00  159,862.45     7.25   1,091.49   10/1/2004        94.12      0-29      6ML         6.25
34650994         359       49,600.00   49,564.98     7.75     355.35   10/1/2004        84.07      0-29      6ML        6.125
34858761         359       99,600.00   99,527.91    7.625     704.97   10/1/2004        68.69      0-29      FIX            0
34801316         359      187,600.00  187,600.00    5.875     918.46   10/1/2004           80      0-29      6ML          3.5
34973529         359      100,000.00   99,917.86     6.99     664.64   10/1/2004        93.46      0-29      FIX            0
34994145         359      175,500.00  175,325.28        6   1,052.22   10/1/2004        83.57      0-29      6ML         4.75
35267947         359      472,500.00  472,500.00     6.75   2,657.81   10/1/2004           90      0-29      6ML        5.375
35106764         359      100,050.00   99,993.90    8.875     796.05   10/1/2004        53.22      0-29      FIX            0
34673038         359      310,500.00  310,500.00    6.375   1,649.53   10/1/2004        79.99      0-29      6ML        3.875
35228410         359      135,900.00  135,900.00    6.625     750.28   10/1/2004        79.99      0-29      6ML        4.375
35186857         359      256,000.00  255,732.72     5.75   1,493.95   10/1/2004           80      0-29      6ML        4.125
35024983         359      864,500.00  863,597.41     5.75   5,044.99   10/1/2004           70      0-29      6ML        3.375
4000175615       359      431,200.00  431,200.00     5.75   2,066.17   10/1/2004           80      0-29      6ML        3.875
34737148         359      106,400.00  106,400.00    5.125     454.42   10/1/2004           80      0-29      6ML        3.375
33900671         357      111,400.00  111,162.58     7.75     798.09    9/1/2004        82.52      0-29      FIX            0
4000171195       359      229,000.00  228,790.42      6.5   1,447.44   10/1/2004        93.47      0-29      6ML          5.5
34849158         358       69,500.00   69,385.72        7     462.39    9/1/2004        79.98      0-29      FIX            0
34646661         359      148,800.00  148,637.12      5.5     844.88   10/1/2004           80      0-29      6ML        3.875
34740662         359      114,000.00  113,904.23    6.875      748.9   10/1/2004           60      0-29      6ML        4.125
35222231         359       79,200.00   79,149.49     8.25     595.01   10/1/2004           90      0-29      6ML         6.25
35123132         359      204,000.00  203,844.77    7.375   1,408.98   10/1/2004           80      0-29      6ML         5.25
34530493         359       81,700.00   81,636.26     7.25     557.34   10/1/2004           95      0-29      6ML        5.625
34989103         359      213,600.00  213,600.00      6.5   1,157.00   10/1/2004        79.11      0-29      6ML        4.375
34736447         358      140,000.00  139,932.37     5.75     670.83   10/1/2004        93.33      0-29      6ML        4.625
4000156434       358      152,000.00  151,795.30    7.999   1,115.22    9/1/2004           95      0-29      6ML          6.5
4000164015       358      139,500.00  139,287.11    8.875   1,109.92    9/1/2004           90      0-29      6ML        5.375
34829176         359      589,000.00  588,505.16    6.875   3,869.32   10/1/2004           95      0-29      6ML        5.625
34843045         359      293,600.00  293,347.21     6.75   1,904.29   10/1/2004           80      0-29      6ML        4.875
4000158499       359      134,000.00  134,000.00     5.75     642.08   10/1/2004           80      0-29      6ML          3.5
35265115         359      200,000.00  200,000.00    6.375   1,062.50   10/1/2004           80      0-29      6ML          4.5
35211853         359      528,000.00  528,000.00     5.75   2,530.00   10/1/2004           80      0-29      6ML        3.625
34868596         359       61,000.00   60,963.04      8.5     469.04   10/1/2004        98.39      0-29      6ML        5.625
34028951         356      152,000.00  152,000.00     5.25        665    9/1/2004           80      0-29      6ML        3.875
34381764         359       50,050.00   50,010.96     7.25     341.43   10/1/2004           65      0-29      6ML         4.75

<CAPTION>
             INITIAL  PERIODIC                           PREPAYMENT
  LOANID       CAP      CAP       FLOOR    CEILING          TERM                                PREPAYMENT PENALTY
--------------------------------------------------------------------------------------------------------------------------
<S>             <C>      <C>      <C>       <C>              <C>                        <C>
34977173        3        1        7.625     13.625           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35229558        3        1        7.375     13.375           24                              6 mo.s interest less 20% obal
4000163797      3        1            6         12           24                              6 mo.s interest less 20% obal
4000164667      0        0            0          0           36                              6 mo.s interest less 20% obal
34721076        0        0            0          0           36                              6 mo.s interest less 20% obal
35024876        3        1          6.5       12.5           12                              6 mo.s interest less 20% obal
34419622        3        1         6.25      12.25           36                              6 mo.s interest less 20% obal
35156496        0        0            0          0           36                              6 mo.s interest less 20% obal
4000165108      3        1          8.5       14.5           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34935718        3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
4000165849      0        0            0          0           36                                                 1% prepaid
35149285        0        0            0          0            0                                                       None
34940650        0        0            0          0           36                              6 mo.s interest less 20% obal
4000174973      3        1        8.875     14.875           12                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000159722      3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
35111426        3        1          6.5       12.5           36                              6 mo.s interest less 20% obal
34790378        3        1         5.75      11.75           24                              6 mo.s interest less 20% obal
4000170116      3        1        7.999     13.999           12                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000173211      3        1            9         15           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34989640        0        0            0          0           36                         min (2% prepaid, 60 days interest)
4000165213      0        0            0          0           36                                                 1% prepaid
33018094        3        1        8.375     14.375           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35248830        3        1         5.25      11.25           36                              6 mo.s interest less 20% obal
4000164536      3        1         5.75      11.75           36                              6 mo.s interest less 20% obal
34228486        3        1        7.375     13.375           24                              6 mo.s interest less 20% obal
35131267        3        1        7.375     13.375           12                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000177670      3        1        5.999     11.999           36                              6 mo.s interest less 20% obal
4000173047      3        1            7         13           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34865477        3        1         5.25      11.25            0                                                       None
35124064        3        1         7.99      13.99           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34864389        3        1         5.75      11.75            0                                                       None
34375709        3        1        7.875     13.875            0                                                       None
4000168704      3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
4000166577      3        1         6.25      12.25           12                              6 mo.s interest less 20% obal
35105048        3        1        6.375     12.375           36                              6 mo.s interest less 20% obal
35124171        0        0            0          0            0                                                       None
35225838        3        1         7.25      13.25            0                                                       None
34851428        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
34378463        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
34620898        0        0            0          0            0                                                       None
35078294        3        1         6.75      12.75            0                                                       None
33773391        3        1         6.75      12.75            0                                                       None
35125475        3        1        7.875     13.875            0                                                       None
35128578        3        1         6.75      12.75           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35086131        3        1          5.5       11.5           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34978494        3        1         7.75      13.75           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34990176        3        1        7.125     13.125           24                         min (2% prepaid, 60 days interest)
35009422        3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
34823088        3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
33792110        3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
4000161986      3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
34995688        3        1         6.25      12.25           36                         min (2% prepaid, 60 days interest)
35011055        3        1         6.75      12.75           12                              6 mo.s interest less 20% obal
34380428        3        1        7.375     13.375            0                                                       None
34378240        3        1          7.5       13.5            0                                                       None
34918391        3        1        8.125     14.125            0                                                       None
35110212        0        0            0          0            0                                                       None
35224021        3        1         6.99      12.99           24                              6 mo.s interest less 20% obal
35161736        0        0            0          0           36                              6 mo.s interest less 20% obal
34995563        3        1          8.5       14.5           36                         min (2% prepaid, 60 days interest)
34973677        0        0            0          0           36                              6 mo.s interest less 20% obal
4000175952      3        1         6.25      12.25           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35073139        3        1         6.25      12.25            0                                                       None
4000171393      3        1          7.5       13.5            0                                                       None
4000168245      0        0            0          0           36                              6 mo.s interest less 20% obal
35222538        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
4000026989      3        1        5.375     11.375           24                              6 mo.s interest less 20% obal
34793240        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
34869149        3        1          7.5       13.5            0                                                       None
4000164408      3        1         7.25      13.25           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35302249        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
34994699        3        1         7.25      13.25           36                         min (2% prepaid, 60 days interest)
34650994        3        1         7.75      13.75           24                                                 2% prepaid
34858761        0        0            0          0            0                                                       None
34801316        3        1        5.875     11.875           12                              6 mo.s interest less 20% obal
34973529        0        0            0          0           36                                                 1% prepaid
34994145        3        1            6         12           36                         min (2% prepaid, 60 days interest)
35267947        3        1         6.75      12.75           36                              6 mo.s interest less 20% obal
35106764        0        0            0          0            0                                                       None
34673038        3        1        6.375     12.375           12                              6 mo.s interest less 20% obal
35228410        3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
35186857        3        1         5.75      11.75           24                              6 mo.s interest less 20% obal
35024983        3        1         5.75      11.75           36                              6 mo.s interest less 20% obal
4000175615      3        1         5.75      11.75           24                              6 mo.s interest less 20% obal
34737148        1        1        5.125     11.125           36                              6 mo.s interest less 20% obal
33900671        0        0            0          0           36                              6 mo.s interest less 20% obal
4000171195      3        1          6.5       12.5           36                              6 mo.s interest less 20% obal
34849158        0        0            0          0            0                                                       None
34646661        3        1          5.5       11.5           24                              6 mo.s interest less 20% obal
34740662        3        1        6.875     12.875            0                                                       None
35222231        3        1         8.25      14.25           24                              6 mo.s interest less 20% obal
35123132        3        1        7.375     13.375           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34530493        3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
34989103        3        1          6.5       12.5           36                         min (2% prepaid, 60 days interest)
34736447        1        1         5.75      11.75           36                              6 mo.s interest less 20% obal
4000156434      3        1        7.999     13.999           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000164015      3        1        8.875     14.875           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34829176        3        1        6.875     12.875           36                              6 mo.s interest less 20% obal
34843045        3        1         6.75      12.75           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000158499      3        1         5.75      11.75           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35265115        3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
35211853        3        1         5.75      11.75           36                              6 mo.s interest less 20% obal
34868596        3        1          8.5       14.5            0                                                       None
34028951        3        1         5.25      11.25            0                                                       None
34381764        3        1         7.25      13.25           24                              6 mo.s interest less 20% obal

<CAPTION>
                                              PAYMENT
              FIRST RATE      RATE RESET       RESET                                  MI
  LOANID      RESET DATE       FREQUENCY     FREQUENCY  PURPOSE   DIV  IO    IOTERM  FLAG
-----------------------------------------------------------------------------------------
<S>           <C>                  <C>            <C>  <C>         <C>  <C>    <C>    <C>
34977173        9/1/2007           6              6    C/O Refi    N    Y      60     Y
35229558        9/1/2006           6              6    C/O Refi    N    Y      60     N
4000163797      8/1/2006           6              6    Purchase    N    Y      60     N
4000164667    00/00/0000           0              0    R/T Refi    N    N       0     N
34721076      00/00/0000           0              0    C/O Refi    N    N       0     N
35024876        8/1/2006           6              6    Purchase    N    Y      60     N
34419622        9/1/2007           6              6    Purchase    N    Y      60     N
35156496      00/00/0000           0              0    C/O Refi    N    N       0     Y
4000165108      9/1/2007           6              6    Purchase    N    Y      60     N
34935718        9/1/2006           6              6    C/O Refi    N    Y      60     N
4000165849    00/00/0000           0              0    Purchase    N    N       0     Y
35149285      00/00/0000           0              0    Purchase    N    N       0     N
34940650      00/00/0000           0              0    Purchase    N    Y      60     N
4000174973      9/1/2006           6              6    C/O Refi    N    N       0     Y
4000159722      9/1/2006           6              6    Purchase    N    Y      60     Y
35111426        9/1/2009           6              6    Purchase    N    Y      60     N
34790378        8/1/2006           6              6    Purchase    N    Y      60     N
4000170116      9/1/2006           6              6    Purchase    N    N       0     N
4000173211      9/1/2006           6              6    C/O Refi    N    Y      60     N
34989640      00/00/0000           0              0    C/O Refi    N    N       0     Y
4000165213    00/00/0000           0              0    C/O Refi    N    N       0     Y
33018094        9/1/2006           6              6    Purchase    N    N       0     N
35248830        9/1/2007           6              6    Purchase    N    Y      60     N
4000164536      9/1/2009           6              6    Purchase    N    Y      60     N
34228486        9/1/2009           6              6    C/O Refi    N    N       0     Y
35131267        9/1/2006           6              6    C/O Refi    N    N       0     N
4000177670      9/1/2009           6              6    Purchase    N    Y      60     N
4000173047      9/1/2006           6              6    Purchase    N    Y      60     Y
34865477        9/1/2007           6              6    Purchase    N    N       0     N
35124064        9/1/2007           6              6    C/O Refi    N    N       0     N
34864389        9/1/2007           6              6    C/O Refi    N    N       0     N
34375709        9/1/2007           6              6    Purchase    N    N       0     N
4000168704      8/1/2006           6              6    Purchase    N    Y      60     Y
4000166577      9/1/2006           6              6    C/O Refi    N    N       0     Y
35105048        9/1/2009           6              6    Purchase    N    N       0     N
35124171      00/00/0000           0              0    C/O Refi    N    N       0     N
35225838        9/1/2006           6              6    C/O Refi    N    N       0     N
34851428        9/1/2006           6              6    Purchase    N    N       0     N
34378463        8/1/2006           6              6    Purchase    N    N       0     Y
34620898      00/00/0000           0              0    C/O Refi    N    N       0     N
35078294        9/1/2007           6              6    Purchase    N    N       0     N
33773391        9/1/2007           6              6    Purchase    N    N       0     N
35125475        9/1/2006           6              6    C/O Refi    N    Y      60     Y
35128578        9/1/2006           6              6    C/O Refi    N    N       0     N
35086131        9/1/2006           6              6    Purchase    N    Y      60     N
34978494        9/1/2007           6              6    R/T Refi    N    Y      60     Y
34990176        8/1/2006           6              6    C/O Refi    N    N       0     N
35009422        9/1/2006           6              6    C/O Refi    N    Y      60     N
34823088        9/1/2006           6              6    Purchase    N    Y      60     N
33792110        9/1/2006           6              6    Purchase    N    Y      60     N
4000161986      8/1/2006           6              6    Purchase    N    Y      60     N
34995688        9/1/2006           6              6    C/O Refi    N    Y      60     Y
35011055        9/1/2006           6              6    C/O Refi    N    Y      60     Y
34380428        9/1/2006           6              6    Purchase    N    N       0     Y
34378240        9/1/2006           6              6    C/O Refi    N    N       0     Y
34918391        9/1/2006           6              6    C/O Refi    N    Y      60     N
35110212      00/00/0000           0              0    C/O Refi    N    N       0     N
35224021        9/1/2006           6              6    Purchase    N    Y      60     N
35161736      00/00/0000           0              0    Purchase    N    N       0     N
34995563        9/1/2006           6              6    Purchase    N    N       0     N
34973677      00/00/0000           0              0    Purchase    N    N       0     Y
4000175952      9/1/2006           6              6    Purchase    N    Y      60     N
35073139        8/1/2006           6              6    Purchase    N    Y      60     N
4000171393      9/1/2006           6              6    R/T Refi    N    Y      60     Y
4000168245    00/00/0000           0              0    C/O Refi    N    Y      60     N
35222538        8/1/2006           6              6    Purchase    N    N       0     Y
4000026989      9/1/2006           6              6    Purchase    N    Y      60     N
34793240        9/1/2006           6              6    Purchase    N    Y      60     N
34869149        9/1/2007           6              6    R/T Refi    N    N       0     Y
4000164408      9/1/2006           6              6    Purchase    N    Y      60     N
35302249        9/1/2006           6              6    C/O Refi    N    N       0     N
34994699        9/1/2006           6              6    C/O Refi    N    N       0     Y
34650994        9/1/2006           6              6    C/O Refi    N    N       0     N
34858761      00/00/0000           0              0    C/O Refi    N    N       0     N
34801316        9/1/2006           6              6    Purchase    N    Y      60     N
34973529      00/00/0000           0              0    C/O Refi    N    N       0     Y
34994145        9/1/2006           6              6    C/O Refi    N    N       0     Y
35267947        9/1/2007           6              6    Purchase    N    Y      60     Y
35106764      00/00/0000           0              0    C/O Refi    N    N       0     N
34673038        9/1/2006           6              6    Purchase    N    Y      60     N
35228410        9/1/2006           6              6    Purchase    N    Y      60     N
35186857        9/1/2006           6              6    Purchase    N    N       0     N
35024983        9/1/2007           6              6    Purchase    N    N       0     N
4000175615      9/1/2006           6              6    Purchase    N    Y      60     N
34737148        3/1/2005           6              6    R/T Refi    N    Y      60     N
33900671      00/00/0000           0              0    C/O Refi    N    N       0     N
4000171195      9/1/2006           6              6    C/O Refi    N    N       0     Y
34849158      00/00/0000           0              0    Purchase    N    N       0     N
34646661        9/1/2006           6              6    Purchase    N    N       0     N
34740662        9/1/2006           6              6    R/T Refi    N    N       0     N
35222231        9/1/2006           6              6    R/T Refi    N    N       0     Y
35123132        9/1/2006           6              6    R/T Refi    N    N       0     N
34530493        9/1/2006           6              6    C/O Refi    N    N       0     Y
34989103        9/1/2007           6              6    C/O Refi    N    Y      60     N
34736447        2/1/2005           6              6    C/O Refi    N    Y      60     Y
4000156434      8/1/2006           6              6    R/T Refi    N    N       0     N
4000164015      8/1/2006           6              6    Purchase    N    N       0     Y
34829176        9/1/2007           6              6    C/O Refi    N    N       0     Y
34843045        9/1/2006           6              6    C/O Refi    N    N       0     N
4000158499      9/1/2006           6              6    Purchase    N    Y      60     N
35265115        9/1/2006           6              6    Purchase    N    Y      60     N
35211853        9/1/2007           6              6    C/O Refi    N    Y      60     N
34868596        9/1/2007           6              6    Purchase    N    N       0     N
34028951        6/1/2006           6              6    Purchase    N    Y      60     N
34381764        9/1/2006           6              6    R/T Refi    N    N       0     N
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
                                                          PROPERTY                    ORIGINAL ORIGINATION  FIRST PAY   MATURITY
  LOANID              CITY                 ZIP    STATE     TYPE       OCCUPANCY        TERM      DATE        DATE        DATE
--------------------------------------------------------------------------------------------------------------------------------
<S>           <C>                         <C>       <C>   <C>        <C>                <C>     <C>         <C>         <C>
4000154746    FAIRFIELD                   94534     CA       PUD     Owner Occupied     360     6/25/2004    8/1/2004   7/1/2034
34761726      BALTIMORE                   21206     MD       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
35090208      YORK                        17403     PA       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35131036      CHICAGO                     60628     IL    Units 2-4  Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
35211713      FRESNO                      93720     CA       PUD     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
34378489      JAMAICA                     11413     NY       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34951251      TORRANCE                    90503     CA      Condo    Owner Occupied     360     7/26/2004   10/1/2004   9/1/2034
34978924      LANCASTER                   40444     KY       SFR     Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
4000167469    OXNARD                      93033     CA       PUD     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
35110014      FRISCO                      75034     TX       PUD     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
35232719      BIRMINGHAM                  35215     AL       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34760785      ANNANDALE                   22003     VA      Condo    Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
4000170235    CONCORD                     94521     CA       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
4000170152    WINDHAM                      4062     ME    Units 2-4  Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
35111756      FRISCO                      75035     TX       PUD     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
34241711      MESA                        85205     AZ       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34550913      DENISON                     75020     TX       SFR     Owner Occupied     360     7/14/2004    9/1/2004   8/1/2034
34717629      YUCAIPA                     92399     CA       SFR     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
33933839      GRAFTON                     44044     OH       SFR     Owner Occupied     360     6/25/2004    8/1/2004   7/1/2034
34081794      FERNLEY                     89408     NV       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
4000173867    OXNARD                      93035     CA       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34965012      SPRINGDALE                  15144     PA       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34862664      SCHENECTADY                 12305     NY       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
4000167153    WAKEMAN                     44889     OH       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
34080366      HENDERSON                   89052     NV       PUD     Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
34651950      SAINT PETERS                63376     MO       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
4000172975    SACRAMENTO                  95835     CA       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
35228444      TITUSVILLE                  32796     FL       PUD     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34883025      ROCKLEDGE                   32955     FL      Condo    Owner Occupied     360     6/30/2004    8/1/2004   7/1/2034
34696583      HALLANDALE BEACH            33009     FL    Condo >4   Owner Occupied     360     7/27/2004    9/1/2004   8/1/2034
4000161965    EAST NORTHPORT              11731     NY       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
4000158841    GRAND BLANC                 48439     MI       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
4000177827    FLAT ROCK                   48134     MI       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34646612      HARTFORD                    53207     WI       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
4000173512    ARLINGTON                   98223     WA       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
34548214      AUSTIN                      78745     TX       PUD     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35158609      CORDOVA                     38016     TN       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
4000175625    SEATTLE                     98199     WA      Condo    Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35150853      COVINGTON                   30016     GA       PUD     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
35283191      PERKIOMENVILLE              18074     PA       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
35146810      CHATTANOOGA                 37406     TN       SFR     Owner Occupied     360      8/3/2004    9/1/2004   8/1/2034
4000171145    ANTIOCH                     94509     CA       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
35157726      JONESBORO                   30238     GA       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34528554      CLAREMORE                   74019     OK       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34760942      YORK                        17402     PA       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
35342450      WOODBRIDGE                  22192     VA       PUD     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34852350      FARMINGTON                  63640     MO       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
35153790      MCDONOUGH                   30253     GA       PUD     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34645523      WAUKESHA                    53188     WI       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
4000164603    COLUSA                      95932     CA       SFR     Owner Occupied     360     7/26/2004    9/1/2004   8/1/2034
34981670      COLUMBUS                    43223     OH       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
4000168366    AUBURN                      48611     MI       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
4000166931    ALLEN PARK                  48101     MI       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
4000171805    BRENTWOOD                   94513     CA       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35071208      CHERRYVILLE                 28021     NC       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
35124353      MAYWOOD                     60153     IL       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
4000175250    MASON                       48854     MI       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34993626      CHAMPLIN                    55316     MN       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34987206      PRINCETON                   55371     MN       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
35342534      LANHAM                      20706     MD       PUD     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34923201      BEND                        97701     OR       SFR     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
34974550      SHOEMAKERSVILLE             19555     PA    Units 2-4  Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
34854703      ST. CHARLES                 60175     IL       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35195361      LONG BEACH                  90815     CA       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
34828046      SHREWSBURY                   1545     MA       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
35082601      MONROE                      45050     OH       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
34997742      SAINT PAUL                  55101     MN    Units 2-4  Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34706002      APPLE VALLEY                92307     CA       SFR     Investor           360     7/23/2004    9/1/2004   8/1/2034
34978338      LEXINGTON                   40517     KY      Condo    Owner Occupied     360     7/12/2004    9/1/2004   8/1/2034
4000162679    ORLANDO                     32805     FL       SFR     Owner Occupied     360     7/31/2004   10/1/2004   9/1/2034
4000170203    ANDOVER                      1810     MA       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34990473      EAST GRAND FORKS            56721     MN       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
35282763      VOORHEES                     8043     NJ       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
34963835      ERIE                        16504     PA       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
4000169070    PORT ORCHARD                98366     WA       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
34524488      OWASSO                      74055     OK       PUD     Owner Occupied     180      8/5/2004   10/1/2004   9/1/2019
35073071      MURRELLS INLET              29576     SC       PUD     Owner Occupied     360      8/6/2004    9/1/2004   8/1/2034
4000163863    CLARKSTON                   48348     MI      Condo    Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
4000174201    TEMPERANCE                  48182     MI       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34618801      MOUNT PROSPECT              60056     IL       SFR     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
33176348      BLOOMFIELD HILLS            48302     MI       SFR     Owner Occupied     360     5/14/2004    7/1/2004   6/1/2034
34645788      WHEATLAND                   53105     WI       SFR     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
34755611      BEL AIR                     21015     MD       PUD     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
34700401      NAPLES                      34120     FL       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
34795690      RANCHO CUCAMONGA            91730     CA       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34381640      WEST CHESTER                19380     PA       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
4000172739    WARREN                      48093     MI      Condo    Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34017111      SAN LEON                    77539     TX       SFR     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
35127778      CHICAGO                     60618     IL       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
34526095      MOORE                       73160     OK       SFR     Owner Occupied     180     8/13/2004   10/1/2004   9/1/2019
4000155600    SANTA CLARA                 95054     CA       PUD     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34728253      GRAND JUNCTION              81503     CO       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
34996355      BLAINE                      55434     MN       SFR     Investor           360     8/19/2004   10/1/2004   9/1/2034
35010396      ARVADA                      80004     CO      Condo    Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
34955088      SAN CLEMENTE                92673     CA       PUD     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
4000176313    RISINGSUN                   43457     OH       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35027382      GLENDALE                    91206     CA      Condo    Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
34502294      COALPORT                    16627     PA       SFR     Owner Occupied     360      7/7/2004    9/1/2004   8/1/2034
4000170397    PORT TOWNSEND               98368     WA       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
35342161      BALTIMORE                   21230     MD       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
4000159683    LAKE FOREST                 92630     CA       SFR     Owner Occupied     360      8/1/2004   10/1/2004   9/1/2034
34934778      SCAPPOOSE                   97056     OR       SFR     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
35116060      DALLAS                      75220     TX       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
33632993      NOVI                        48374     MI      Condo    Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
4000164975    BRINKHAVEN                  43006     OH       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034

<CAPTION>
                                                                                      ORIGINAL
                                                                                      COMBAINED
              REMAINING     ORIGINAL   SCHEDULED                       PAID THRU       LOAN TO      OTS
  LOANID        TERM        BALANCE     BALANCE      RATE      P&I        DATE          VALUE   DELINQUENCY INDEX       MARGIN
------------------------------------------------------------------------------------------------------------------------------
<S>              <C>      <C>         <C>           <C>     <C>        <C>              <C>        <C>       <C>        <C>
4000154746       357      380,000.00  379,337.41        6   1,900.00    9/1/2004        78.35      0-29      6ML            4
34761726         359      155,000.00  154,913.10    8.875   1,233.25   10/1/2004          100      0-29      6ML         6.25
35090208         359      125,500.00  125,394.56    6.875     824.45   10/1/2004        96.54      0-29      6ML            5
35131036         359      135,000.00  134,862.36    5.875     798.58   10/1/2004        84.38      0-29      6ML          4.5
35211713         359      297,900.00  297,684.39    7.625   2,108.52   10/1/2004           90      0-29      6ML        5.875
34378489         359      238,000.00  237,818.90    7.375   1,643.81   10/1/2004           85      0-29      6ML            6
34951251         359      479,200.00  479,200.00    6.125   2,445.92   10/1/2004           80      0-29      6ML          3.5
34978924         358      122,000.00  121,835.72        8      895.2    9/1/2004        94.94      0-29      FIX            0
4000167469       359      203,000.00  203,000.00     7.25   1,226.46   10/1/2004        50.75      0-29      6ML            5
35110014         359      205,250.00  205,250.00     6.75   1,154.53   10/1/2004        79.99      0-29      6ML         4.75
35232719         359       67,200.00   67,162.32    8.875     534.68   10/1/2004           80      0-29      6ML         6.75
34760785         359      199,500.00  199,310.70     6.25   1,228.36   10/1/2004           95      0-29      6ML        5.125
4000170235       359      372,000.00  372,000.00    5.375   1,666.25   10/1/2004           80      0-29      6ML          3.5
4000170152       359      240,000.00  239,838.97        8   1,761.03   10/1/2004          100      0-29      6ML        5.125
35111756         359      131,900.00  131,900.00     6.75     741.94   10/1/2004        79.99      0-29      6ML         4.25
34241711         359      141,950.00  141,857.14    8.125   1,053.98   10/1/2004           85      0-29      6ML         6.25
34550913         358       43,550.00   43,483.52    7.375     300.79    9/1/2004           65      0-29      FIX            0
34717629         359      604,000.00  604,000.00    6.375   3,208.75   10/1/2004           80      0-29      6ML         3.75
33933839         357      207,000.00  207,000.00      6.5   1,121.25   10/1/2004           90      0-29      6ML        5.375
34081794         359      125,000.00  124,897.34     6.99     830.79   10/1/2004        60.18      0-29      6ML            5
4000173867       359      900,000.00  900,000.00      6.5   4,875.00   10/1/2004        70.59      0-29      6ML         3.25
34965012         359       45,500.00   45,424.75    9.125     370.21   10/1/2004          100      0-29      FIX            0
34862664         359       76,595.00   76,552.05    8.875     609.43   10/1/2004          100      0-29      6ML         5.75
4000167153       359      116,000.00  116,000.00    6.875     664.58   10/1/2004        74.36      0-29      6ML         4.25
34080366         358      568,800.00  568,800.00      6.5   3,081.00   10/1/2004           80      0-29      6ML         4.25
34651950         359      117,000.00  116,921.49        8     858.51   10/1/2004           75      0-29      6ML        5.125
4000172975       359      268,000.00  268,000.00     5.75   1,284.17   10/1/2004           80      0-29      6ML        3.375
35228444         359      109,000.00  108,924.98    7.875     790.33   10/1/2004          100      0-29      6ML          5.5
34883025         357      108,700.00  108,699.99    5.625     509.53    9/1/2004        79.93      0-29      6ML            4
34696583         358      119,000.00  118,799.47    6.875     781.75    9/1/2004           85      0-29      6ML        4.875
4000161965       359      340,000.00  339,747.67      7.5   2,377.33   10/1/2004        65.38      0-29      FIX            0
4000158841       359      229,500.00  229,500.00      7.5   1,434.37   10/1/2004        92.91      0-29      6ML         5.75
4000177827       359      231,900.00  231,900.00     6.75   1,304.44   10/1/2004          100      0-29      6ML          5.5
34646612         359      137,750.00  137,666.55      8.5   1,059.18   10/1/2004        94.35      0-29      6ML        5.375
4000173512       359      130,240.00  130,240.00    6.875     746.17   10/1/2004           80      0-29      6ML         4.75
34548214         359      118,400.00  118,400.00     6.75        666   10/1/2004           80      0-29      6ML          4.5
35158609         359      160,800.00  160,800.00     6.25      837.5   10/1/2004           80      0-29      6ML        5.875
4000175625       359      154,800.00  154,800.00    6.625     854.63   10/1/2004           80      0-29      6ML        4.125
35150853         359       99,280.00   99,280.00     6.75     558.45   10/1/2004           80      0-29      6ML        4.875
35283191         359      361,000.00  360,745.21     7.75   2,586.25   10/1/2004           95      0-29      6ML        6.375
35146810         358       92,320.00   92,320.00     6.25     480.83    9/1/2004           80      0-29      6ML         4.25
4000171145       359      372,000.00  372,000.00      5.5   1,705.00   10/1/2004           80      0-29      6ML        3.625
35157726         359      189,600.00  189,600.00     6.75   1,066.50   10/1/2004           80      0-29      6ML        5.125
34528554         359      109,000.00  108,901.46      6.5     688.96   10/1/2004          100      0-29      6ML         5.75
34760942         359      165,200.00  165,057.76     6.75   1,071.49   10/1/2004           95      0-29      6ML        5.125
35342450         359      222,400.00  222,272.04     8.75   1,749.63   10/1/2004           80      0-29      6ML        6.375
34852350         359      108,900.00  108,819.18      7.5     761.45   10/1/2004           90      0-29      6ML        5.875
35153790         359      229,520.00  229,520.00    6.625   1,267.14   10/1/2004           80      0-29      6ML            5
34645523         359      144,900.00  144,786.96     7.25     988.48   10/1/2004           90      0-29      6ML        5.125
4000164603       358      148,000.00  147,805.71    8.125   1,098.90   10/1/2004        77.89      0-29      6ML        3.875
34981670         359      109,250.00  109,250.00      7.5     682.81   10/1/2004           95      0-29      6ML          5.5
4000168366       359      180,000.00  179,866.41      7.5   1,258.59   10/1/2004           80      0-29      FIX            0
4000166931       359      114,800.00  114,800.00    6.625     633.79   10/1/2004           80      0-29      6ML        5.125
4000171805       359      360,350.00  360,350.00     6.75   2,026.97   10/1/2004        92.67      0-29      6ML          5.5
35071208         359      324,000.00  323,759.54      7.5   2,265.46   10/1/2004           80      0-29      6ML        5.625
35124353         359      135,000.00  134,886.58    6.875     886.86   10/1/2004        82.32      0-29      6ML            5
4000175250       359      159,900.00  159,776.03    7.625   1,131.76   10/1/2004          100      0-29      6ML            5
34993626         359      219,900.00  219,900.00        6   1,099.50   10/1/2004        79.99      0-29      6ML        4.125
34987206         359      117,100.00  117,100.00    6.125      597.7   10/1/2004           80      0-29      6ML          4.5
35342534         359      176,000.00  176,000.00     5.75     843.33   10/1/2004           80      0-29      6ML        3.875
34923201         359      195,650.00  195,435.85      5.5   1,110.88   10/1/2004        79.99      0-29      6ML        3.875
34974550         358       78,200.00   78,068.22    6.875     513.72   10/1/2004           85      0-29      6ML            5
34854703         359      220,000.00  220,000.00        7   1,283.33   10/1/2004           80      0-29      6ML        4.875
35195361         359      312,000.00  312,000.00     6.25   1,625.00   10/1/2004           80      0-29      6ML         4.25
34828046         359      261,000.00  260,758.25    6.375   1,628.31   10/1/2004        68.68      0-29      6ML          3.5
35082601         359      120,800.00  120,800.00    6.625     666.92   10/1/2004           80      0-29      6ML        4.625
34997742         359      238,450.00  238,450.00    7.125   1,415.80   10/1/2004           95      0-29      6ML        5.625
34706002         358      147,200.00  147,200.00    6.625     812.67    9/1/2004           80      0-29      6ML         3.75
34978338         358      220,000.00  219,680.52    7.625   1,557.15   10/1/2004          100      0-29      6ML        5.125
4000162679       359      157,300.00  157,097.52    4.625     808.74   10/1/2004           65      0-29      6ML        2.875
4000170203       359      400,000.00  399,763.84    8.625   3,111.16   10/1/2004        83.33      0-29      6ML            7
34990473         359       87,750.00   87,686.49    7.625     621.09   10/1/2004           75      0-29      6ML            5
35282763         359      304,000.00  303,838.22    9.125   2,473.45   10/1/2004           80      0-29      FIX            0
34963835         359       90,000.00   89,931.52    7.375     621.61   10/1/2004          100      0-29      FIX            0
4000169070       359      206,000.00  206,000.00      5.5     944.17   10/1/2004           80      0-29      6ML        4.375
34524488         179      364,000.00  362,839.06    6.875   3,246.36   10/1/2004           80      0-29      FIX            0
35073071         358      135,900.00  135,628.74        6     814.79    9/1/2004        79.99      0-29      6ML        4.125
4000163863       359      288,000.00  288,000.00    5.625   1,350.00   10/1/2004           80      0-29      6ML        4.125
4000174201       359      159,900.00  159,800.61    8.375   1,215.36   10/1/2004          100      0-29      6ML            7
34618801         358      214,800.00  214,800.00     5.75   1,029.25    9/1/2004           80      0-29      6ML            4
33176348         356      538,000.00  536,146.11    6.875   3,534.28    9/1/2004          100      0-29      6ML        5.375
34645788         358       82,300.00   82,300.00      6.5     445.79   10/1/2004        79.98      0-29      6ML        4.625
34755611         358      208,000.00  207,682.47    7.375   1,436.61    9/1/2004           80      0-29      FIX            0
34700401         359      150,400.00  150,400.00     7.25     908.67   10/1/2004           80      0-29      6ML        4.625
34795690         359      248,000.00  248,000.00    5.125   1,059.17   10/1/2004           80      0-29      6ML        3.625
34381640         359      390,000.00  389,647.43      6.5   2,465.07   10/1/2004        79.59      0-29      6ML        4.625
4000172739       359       94,400.00   94,400.00    6.625     521.17   10/1/2004           80      0-29      6ML          4.5
34017111         358       72,400.00   71,823.74     7.75     518.69    9/1/2004        76.21      0-29      FIX            0
35127778         359      297,450.00  297,160.89    6.125   1,807.34   10/1/2004        84.99      0-29      6ML        4.625
34526095         179       76,000.00   75,767.93    7.375     699.15   10/1/2004           95      0-29      FIX            0
4000155600       359      563,850.00  563,850.00    5.875   2,760.52   10/1/2004        79.99      0-29      6ML            4
34728253         359      441,750.00  441,750.00     6.75   2,484.84   10/1/2004           95      0-29      6ML            5
34996355         359      155,300.00  155,300.00      6.5     841.21   10/1/2004        89.98      0-29      6ML         4.75
35010396         358      152,800.00  152,799.92    6.125     779.92    9/1/2004           80      0-29      6ML        4.375
34955088         359      577,750.00  577,750.00     5.99   2,883.94   10/1/2004        79.99      0-29      6ML        3.875
4000176313       359       80,000.00   79,956.30        9      643.7   10/1/2004          100      0-29      6ML        6.875
35027382         359      220,000.00  219,819.31     6.99   1,462.19   11/1/2004        84.62      0-29      6ML          5.5
34502294         358       38,400.00   38,362.07      9.5     322.89    9/1/2004           80      0-29      FIX            0
4000170397       359      134,800.00  134,800.00    6.125     688.04   10/1/2004           80      0-29      6ML            4
35342161         359      231,900.00  231,900.00     6.25   1,207.81   10/1/2004        79.99      0-29      6ML            4
4000159683       359      562,500.00  561,979.01    6.375   3,509.27   10/1/2004           90      0-29      FIX            0
34934778         358      118,000.00  118,000.00    6.375     626.88   10/1/2004           80      0-29      6ML         4.25
35116060         359      329,600.00  329,600.00    6.625   1,819.67   10/1/2004          100      0-29      6ML         5.25
33632993         359      591,000.00  591,000.00      7.5   3,693.75   10/1/2004        73.88      0-29      6ML        4.875
4000164975       359      193,000.00  192,833.84     6.75   1,251.79   10/1/2004        89.77      0-29      6ML        5.375

<CAPTION>
             INITIAL  PERIODIC                           PREPAYMENT
  LOANID       CAP      CAP       FLOOR    CEILING          TERM                                PREPAYMENT PENALTY
--------------------------------------------------------------------------------------------------------------------------
<S>             <C>      <C>      <C>       <C>              <C>                        <C>
4000154746      3        1            6         12           24                              6 mo.s interest less 20% obal
34761726        3        1        8.875     14.875           24                              6 mo.s interest less 20% obal
35090208        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
35131036        3        1        5.875     11.875           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35211713        3        1        7.625     13.625           24                              6 mo.s interest less 20% obal
34378489        3        1        7.375     13.375            0                                                       None
34951251        3        1        6.125     12.125           36                              6 mo.s interest less 20% obal
34978924        0        0            0          0           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000167469      3        1         7.25      13.25           36                              6 mo.s interest less 20% obal
35110014        3        1         6.75      12.75           36                              6 mo.s interest less 20% obal
35232719        3        1        8.875     14.875           24                              6 mo.s interest less 20% obal
34760785        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
4000170235      3        1        5.375     11.375           24                              6 mo.s interest less 20% obal
4000170152      3        1            8         14            0                                                       None
35111756        3        1         6.75      12.75           36                              6 mo.s interest less 20% obal
34241711        3        1        8.125     14.125           36                              6 mo.s interest less 20% obal
34550913        0        0            0          0            0                                                       None
34717629        3        1        6.375     12.375           36                              6 mo.s interest less 20% obal
33933839        3        1          6.5       12.5           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34081794        3        1         6.99      12.99           36                              6 mo.s interest less 20% obal
4000173867      3        1          6.5       12.5            0                                                       None
34965012        0        0            0          0            0                                                       None
34862664        3        1        8.875     14.875            0                                                       None
4000167153      3        1        6.875     12.875           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34080366        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
34651950        3        1            8         14           24                                                 2% prepaid
4000172975      3        1         5.75      11.75           24                              6 mo.s interest less 20% obal
35228444        3        1        7.875     13.875           24                              6 mo.s interest less 20% obal
34883025        1        1        5.625     11.625           24                              6 mo.s interest less 20% obal
34696583        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
4000161965      0        0            0          0            0                                                       None
4000158841      3        1          7.5       13.5           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000177827      3        1         6.75      12.75           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34646612        3        1          8.5       14.5           24                              6 mo.s interest less 20% obal
4000173512      3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
34548214        3        1         6.75      12.75           36                              6 mo.s interest less 20% obal
35158609        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
4000175625      3        1        6.625     12.625           12                              6 mo.s interest less 20% obal
35150853        3        1         6.75      12.75            0                                                       None
35283191        3        1         7.75      13.75           24                              6 mo.s interest less 20% obal
35146810        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
4000171145      3        1          5.5       11.5           24                              6 mo.s interest less 20% obal
35157726        3        1         6.75      12.75            0                                                       None
34528554        3        1          6.5       12.5           36                              6 mo.s interest less 20% obal
34760942        3        1         6.75      12.75           12                              6 mo.s interest less 20% obal
35342450        3        1         8.75      14.75           24                              6 mo.s interest less 20% obal
34852350        3        1          7.5       13.5           36                                                 2% prepaid
35153790        3        1        6.625     12.625            0                                                       None
34645523        3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
4000164603      3        1        8.125     14.125           36                              6 mo.s interest less 20% obal
34981670        3        1          7.5       13.5           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000168366      0        0            0          0           36                                                 1% prepaid
4000166931      3        1        6.625     12.625           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000171805      3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
35071208        3        1          7.5       13.5            0                                                       None
35124353        3        1        6.875     12.875           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000175250      3        1        7.625     13.625           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34993626        3        1            6         12           36                         min (2% prepaid, 60 days interest)
34987206        3        1        6.125     12.125           36                         min (2% prepaid, 60 days interest)
35342534        3        1         5.75      11.75           24                              6 mo.s interest less 20% obal
34923201        3        1          5.5       11.5           36                              6 mo.s interest less 20% obal
34974550        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
34854703        3        1            7         13           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35195361        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
34828046        2        1        6.375     12.375            0                                                       None
35082601        3        1        6.625     12.625           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34997742        3        1        7.125     13.125           36                         min (2% prepaid, 60 days interest)
34706002        3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
34978338        3        1        7.625     13.625           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000162679      3        1        4.625     10.625           36                              6 mo.s interest less 20% obal
4000170203      3        1        8.625     14.625           24                              6 mo.s interest less 20% obal
34990473        3        1        7.625     13.625           24                         min (2% prepaid, 60 days interest)
35282763        0        0            0          0            0                                                       None
34963835        0        0            0          0           36                              6 mo.s interest less 20% obal
4000169070      1        1          5.5       11.5           24                              6 mo.s interest less 20% obal
34524488        0        0            0          0           36                              6 mo.s interest less 20% obal
35073071        3        1            6         12            0                                                       None
4000163863      3        1        5.625     11.625           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000174201      3        1        8.375     14.375           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34618801        3        1         5.75      11.75           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
33176348        3        1        6.875     12.875            0                                                       None
34645788        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
34755611        0        0            0          0            0                                                       None
34700401        3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
34795690        3        1        5.125     11.125           36                              6 mo.s interest less 20% obal
34381640        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
4000172739      3        1        6.625     12.625           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34017111        0        0            0          0           36                              6 mo.s interest less 20% obal
35127778        3        1        6.125     12.125           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34526095        0        0            0          0           36                              6 mo.s interest less 20% obal
4000155600      3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
34728253        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
34996355        3        1          6.5       12.5           36                         min (2% prepaid, 60 days interest)
35010396        3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
34955088        3        1         5.99      11.99           24                              6 mo.s interest less 20% obal
4000176313      3        1            9         15           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35027382        3        1         6.99      12.99           24                              6 mo.s interest less 20% obal
34502294        0        0            0          0            0                                                       None
4000170397      3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
35342161        3        1         6.25      12.25           36                              6 mo.s interest less 20% obal
4000159683      0        0            0          0           36                              6 mo.s interest less 20% obal
34934778        3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
35116060        3        1        6.625     12.625           36                              6 mo.s interest less 20% obal
33632993        3        1          7.5       13.5           12                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000164975      3        1         6.75      12.75           36                              3%/2%/1%-1st yr/2nd yr/3rd yr

<CAPTION>
                                              PAYMENT
              FIRST RATE      RATE RESET       RESET                                  MI
  LOANID      RESET DATE       FREQUENCY     FREQUENCY  PURPOSE   DIV  IO    IOTERM  FLAG
-----------------------------------------------------------------------------------------
<S>           <C>                  <C>            <C>  <C>         <C>  <C>    <C>    <C>
4000154746      7/1/2009           6              6    C/O Refi    N    Y      60     N
34761726        9/1/2006           6              6    Purchase    N    N       0     N
35090208        9/1/2006           6              6    R/T Refi    N    N       0     Y
35131036        9/1/2006           6              6    C/O Refi    N    N       0     Y
35211713        9/1/2006           6              6    C/O Refi    N    N       0     Y
34378489        9/1/2006           6              6    C/O Refi    N    N       0     Y
34951251        9/1/2009           6              6    Purchase    N    Y      60     N
34978924      00/00/0000           0              0    R/T Refi    N    N       0     Y
4000167469      9/1/2007           6              6    C/O Refi    N    Y      60     N
35110014        9/1/2009           6              6    Purchase    N    Y      60     N
35232719        9/1/2006           6              6    Purchase    N    N       0     N
34760785        9/1/2006           6              6    Purchase    N    N       0     Y
4000170235      9/1/2006           6              6    Purchase    N    Y      60     N
4000170152      9/1/2006           6              6    Purchase    N    N       0     N
35111756        9/1/2009           6              6    Purchase    N    Y      60     N
34241711        9/1/2007           6              6    C/O Refi    N    N       0     Y
34550913      00/00/0000           0              0    C/O Refi    N    N       0     N
34717629        9/1/2009           6              6    Purchase    N    Y      60     N
33933839        7/1/2006           6              6    C/O Refi    N    Y      60     N
34081794        9/1/2007           6              6    Purchase    N    N       0     N
4000173867      9/1/2006           6              6    Purchase    N    Y      60     N
34965012      00/00/0000           0              0    Purchase    N    N       0     Y
34862664        9/1/2007           6              6    Purchase    N    N       0     N
4000167153      9/1/2007           6              6    R/T Refi    N    Y      60     N
34080366        8/1/2006           6              6    Purchase    N    Y      60     N
34651950        9/1/2006           6              6    C/O Refi    N    N       0     N
4000172975      9/1/2009           6              6    Purchase    N    Y      60     N
35228444        9/1/2006           6              6    C/O Refi    N    N       0     N
34883025        1/1/2005           6              6    Purchase    N    Y      60     N
34696583        8/1/2006           6              6    C/O Refi    N    N       0     Y
4000161965    00/00/0000           0              0    C/O Refi    N    N       0     N
4000158841      9/1/2006           6              6    C/O Refi    N    Y      60     Y
4000177827      9/1/2006           6              6    Purchase    N    Y      60     N
34646612        9/1/2006           6              6    Purchase    N    N       0     Y
4000173512      9/1/2006           6              6    Purchase    N    Y      60     N
34548214        9/1/2009           6              6    Purchase    N    Y      60     N
35158609        9/1/2006           6              6    Purchase    N    Y      60     N
4000175625      9/1/2006           6              6    Purchase    N    Y      60     N
35150853        9/1/2007           6              6    Purchase    N    Y      60     N
35283191        9/1/2006           6              6    C/O Refi    N    N       0     Y
35146810        8/1/2006           6              6    Purchase    N    Y      60     N
4000171145      9/1/2006           6              6    Purchase    N    Y      60     N
35157726        9/1/2007           6              6    Purchase    N    Y      60     N
34528554        9/1/2006           6              6    R/T Refi    N    N       0     N
34760942        9/1/2006           6              6    Purchase    N    N       0     N
35342450        9/1/2006           6              6    C/O Refi    N    N       0     N
34852350        9/1/2006           6              6    C/O Refi    N    N       0     Y
35153790        9/1/2006           6              6    Purchase    N    Y      60     N
34645523        9/1/2006           6              6    C/O Refi    N    N       0     Y
4000164603      8/1/2007           6              6    C/O Refi    N    N       0     N
34981670        9/1/2007           6              6    C/O Refi    N    Y      60     Y
4000168366    00/00/0000           0              0    Purchase    N    N       0     N
4000166931      9/1/2006           6              6    Purchase    N    Y      60     N
4000171805      9/1/2006           6              6    Purchase    N    Y      60     Y
35071208        9/1/2007           6              6    C/O Refi    N    N       0     N
35124353        9/1/2006           6              6    C/O Refi    N    N       0     N
4000175250      9/1/2007           6              6    Purchase    N    N       0     N
34993626        9/1/2007           6              6    Purchase    N    Y      60     N
34987206        9/1/2006           6              6    Purchase    N    Y      60     N
35342534        9/1/2006           6              6    Purchase    N    Y      60     N
34923201        9/1/2007           6              6    Purchase    N    N       0     N
34974550        8/1/2006           6              6    R/T Refi    N    N       0     Y
34854703        9/1/2006           6              6    C/O Refi    N    Y      60     N
35195361        9/1/2006           6              6    Purchase    N    Y      60     N
34828046        9/1/2005           6              6    C/O Refi    N    N       0     N
35082601        9/1/2009           6              6    Purchase    N    Y      60     N
34997742        9/1/2007           6              6    Purchase    N    Y      60     Y
34706002        8/1/2006           6              6    C/O Refi    N    Y      60     N
34978338        8/1/2006           6              6    C/O Refi    N    N       0     N
4000162679      9/1/2007           6              6    R/T Refi    N    N       0     N
4000170203      9/1/2006           6              6    C/O Refi    N    N       0     Y
34990473        9/1/2006           6              6    C/O Refi    N    N       0     N
35282763      00/00/0000           0              0    C/O Refi    N    N       0     N
34963835      00/00/0000           0              0    R/T Refi    N    N       0     N
4000169070      3/1/2005           6              6    Purchase    N    Y      60     N
34524488      00/00/0000           0              0    C/O Refi    N    N       0     N
35073071        8/1/2007           6              6    Purchase    N    N       0     N
4000163863      9/1/2006           6              6    Purchase    N    Y      60     N
4000174201      9/1/2006           6              6    Purchase    N    N       0     N
34618801        8/1/2006           6              6    Purchase    N    Y      60     N
33176348        6/1/2006           6              6    Purchase    N    N       0     N
34645788        8/1/2006           6              6    Purchase    N    Y      60     N
34755611      00/00/0000           0              0    C/O Refi    N    N       0     N
34700401        9/1/2009           6              6    C/O Refi    N    Y      60     N
34795690        9/1/2006           6              6    Purchase    N    Y      60     N
34381640        9/1/2006           6              6    C/O Refi    N    N       0     N
4000172739      9/1/2006           6              6    C/O Refi    N    Y      60     N
34017111      00/00/0000           0              0    R/T Refi    N    N       0     N
35127778        9/1/2006           6              6    C/O Refi    N    N       0     Y
34526095      00/00/0000           0              0    C/O Refi    N    N       0     N
4000155600      9/1/2006           6              6    Purchase    N    Y      60     N
34728253        9/1/2006           6              6    C/O Refi    N    Y      60     Y
34996355        9/1/2006           6              6    Purchase    N    Y      60     Y
35010396        8/1/2006           6              6    Purchase    N    Y      60     N
34955088        9/1/2006           6              6    Purchase    N    Y      60     N
4000176313      9/1/2006           6              6    R/T Refi    N    N       0     N
35027382        9/1/2006           6              6    C/O Refi    N    N       0     N
34502294      00/00/0000           0              0    C/O Refi    N    N       0     N
4000170397      9/1/2006           6              6    Purchase    N    Y      60     N
35342161        9/1/2009           6              6    Purchase    N    Y      60     N
4000159683    00/00/0000           0              0    Purchase    N    N       0     Y
34934778        8/1/2006           6              6    Purchase    N    Y      60     N
35116060        9/1/2007           6              6    Purchase    N    Y      60     N
33632993        9/1/2006           6              6    C/O Refi    N    Y      60     N
4000164975      9/1/2007           6              6    C/O Refi    N    N       0     Y
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
                                                          PROPERTY                    ORIGINAL ORIGINATION  FIRST PAY   MATURITY
  LOANID              CITY                 ZIP    STATE     TYPE       OCCUPANCY        TERM      DATE        DATE        DATE
--------------------------------------------------------------------------------------------------------------------------------
<S>           <C>                         <C>       <C>   <C>        <C>                <C>     <C>         <C>         <C>
34610667      OAK FOREST                  60452     IL      Condo    Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
4000173310    LYNNWOOD                    98037     WA       PUD     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
4000166197    FREMONT                     94555     CA       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
34830414      CRANSTON                     2905     RI       SFR     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
34936682      VANCOUVER                   98662     WA       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
4000173787    SAUGUS AREA                 91390     CA       PUD     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
34640003      RIVERVIEW                   33569     FL       PUD     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
4000165159    BELLEVILLE                  48111     MI       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
4000162814    LANSING                     48906     MI       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34998393      LAKEVILLE                   55044     MN       SFR     Owner Occupied     360      9/1/2004   10/1/2004   9/1/2034
35149343      SAVANNAH                    31410     GA       PUD     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35015213      WESTMINSTER                 80031     CO       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34236216      ANTHEM                      85086     AZ       PUD     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
4000171937    WOODLAND HILLS AREA         91367     CA      Condo    Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
34110106      SOUTH SAN FRANCISCO         94080     CA       PUD     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
35136720      FORT WAYNE                  46818     IN       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
33551003      TEMECULA                    92592     CA       PUD     Owner Occupied     360     7/15/2004    9/1/2004   8/1/2034
34261263      PALMETTO                    34221     FL       SFR     Owner Occupied     360      6/9/2004    8/1/2004   7/1/2034
35344514      MIDLOTHIAN                  23112     VA       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35008630      NORTHGLENN                  80234     CO       SFR     Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
35145432      HENDERSONVILLE              37075     TN       PUD     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35185115      PINE GROVE                  95665     CA       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
35025923      LATHROP                     95330     CA       SFR     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
4000178392    VALLEJO                     94591     CA      Condo    Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34989202      SAINT BONIFACIUS            55375     MN       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
4000171720    NORTH EAST                  16428     PA       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34864983      SUSSEX                       7461     NJ       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34686097      HIALEAH                     33018     FL      Condo    Investor           360      8/2/2004    9/1/2004   8/1/2034
34989939      DOWNING                     54734     WI       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
33520693      CANOGA PARK                 91306     CA       SFR     Owner Occupied     360      4/1/2004    6/1/2004   5/1/2034
34699843      BOCA RATON                  33433     FL       PUD     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
33017245      PLAINFIELD                  46168     IN       SFR     Investor           360      8/3/2004   10/1/2004   9/1/2034
34751636      FREDERICKSBURG              22408     VA       PUD     Owner Occupied     360      8/3/2004    9/1/2004   8/1/2034
4000163544    YAKIMA                      98902     WA       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
4000171754    VACAVILLE                   95687     CA       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
4000178631    SAN JOSE                    95128     CA       PUD     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34381590      BRISTOL                     19057     PA       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
4000176020    HOLLYWOOD                   33023     FL       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34988030      CAMBRIDGE                   55008     MN       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
4000173374    MEDFORD                      2155     MA    Units 2-4  Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
35222835      DELAND                      32720     FL       PUD     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34699223      PORT SAINT LUCIE            34952     FL       SFR     Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
35342955      BALTIMORE                   21225     MD       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
4000174770    WESTFIELD                    1085     MA       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35282169      TOMS RIVER                   8755     NJ       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34993790      FOREST LAKE                 55025     MN       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
35284421      OCEAN CITY                   8226     NJ       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
4000165082    WATERFORD                   48328     MI       SFR     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
34021972      TOMBALL                     77375     TX       PUD     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34649814      SIANT LOUIS                 63125     MO       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
4000172718    SALINAS                     93906     CA       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
4000168623    PAINESVILLE                 44077     OH       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
35013051      LITTLETON                   80125     CO       PUD     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35246677      MAGNOLIA                    77355     TX       PUD     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
4000164187    BAKERSFIELD                 93308     CA       SFR     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
34236158      PHOENIX                     85016     AZ       SFR     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
34654947      WEST BEND                   53090     WI       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
4000160144    HESPERIA                    92345     CA       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
34970129      EATON                       45320     OH       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35155027      ANDERSONVILLE               37705     TN       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
34973669      CINCINNATI                  45227     OH       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35233915      SAINT PETERSBURG            33711     FL       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
35304245      LAS VEGAS                   89121     NV      Condo    Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
34992255      SAINT PAUL                  55107     MN       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
35512888      HOLLY SPRINGS               27540     NC       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34736645      BOUNTIFUL                   84010     UT       SFR     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
34992552      MINNEAPOLIS                 55412     MN       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
4000161362    WEST VALLEY CITY            84119     UT       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
34716928      APPLE VALLEY                92307     CA       SFR     Owner Occupied     360     7/28/2004   10/1/2004   9/1/2034
34376004      HACKETTSTOWN                 7840     NJ       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
35125467      WONDER LAKE                 60097     IL       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
34801886      SAN DIEGO                   92126     CA       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
4000168054    WATERBORO                    4087     ME       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
4000167340    CROMWELL                     6416     CT       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
4000159288    VISALIA                     93277     CA       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
35028794      LANCASTER                   93535     CA       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
34241240      TUCSON                      85713     AZ       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34381285      EGG HARBOR                   8234     NJ       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
35104140      DENTON                      76209     TX       SFR     Owner Occupied     360     7/21/2004    9/1/2004   8/1/2034
4000163738    AKRON                       44312     OH       SFR     Owner Occupied     360     7/27/2004    9/1/2004   8/1/2034
34750307      CHESAPEAKE                  23320     VA      Condo    Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
35189224      POMONA                      91767     CA       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
4000166669    APOPKA                      32712     FL       PUD     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
4000162886    GARDNERVILLE                89410     NV       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
33018458      INDIANAPOLIS                46256     IN       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
4000164198    SACRAMENTO                  95820     CA       SFR     Investor           360     7/23/2004    9/1/2004   8/1/2034
4000153987    PLUMAS LAKE                 95961     CA       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35204320      MURRIETA                    92563     CA       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
35208651      OXNARD                      93030     CA       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
34715458      CRESTLINE                   92325     CA       SFR     Owner Occupied     360     7/23/2004    9/1/2004   8/1/2034
4000164582    RIPON                       95366     CA       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
33016106      INDIANAPOLIS                46256     IN       SFR     Owner Occupied     360     7/19/2004    9/1/2004   8/1/2034
34237461      SUN CITY                    85351     AZ       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
35103233      ALLEN                       75002     TX       SFR     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
35187327      LONG BEACH                  90803     CA       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34832113      JOHNSTON                     2919     RI       SFR     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
34843003      SKOKIE                      60077     IL       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
4000169772    DERRY                        3038     NH      Condo    Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
4000166648    HERMITAGE                   16148     PA       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
34901603      HOLLY HILL                  32117     FL      Condo    Investor           360     8/10/2004   10/1/2004   9/1/2034
4000159336    COOPER CITY                 33328     FL       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
4000171907    TRACY                       95376     CA       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
4000180266    SAN JOSE                    95123     CA       SFR     Owner Occupied     360     8/26/2004   11/1/2004  10/1/2034
4000152911    SAN JOSE                    95132     CA       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
35230911      OCOEE                       34761     FL       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034

<CAPTION>
                                                                                      ORIGINAL
                                                                                      COMBAINED
              REMAINING     ORIGINAL   SCHEDULED                       PAID THRU       LOAN TO      OTS
  LOANID        TERM        BALANCE     BALANCE      RATE      P&I        DATE          VALUE   DELINQUENCY INDEX       MARGIN
------------------------------------------------------------------------------------------------------------------------------
<S>              <C>      <C>         <C>           <C>     <C>        <C>              <C>        <C>       <C>        <C>
34610667         358      145,000.00  145,000.00    6.375     770.31    9/1/2004        76.67      0-29      6ML        4.375
4000173310       359      311,960.00  311,960.00    6.125   1,592.30   10/1/2004           80      0-29      6ML         4.25
4000166197       359      538,200.00  538,200.00    6.625   2,971.31   10/1/2004         89.7      0-29      6ML        4.875
34830414         359      200,000.00  199,805.61    6.125   1,215.22   10/1/2004        72.73      0-29      6ML            4
34936682         359      123,500.00  123,401.23    7.125     832.05   10/1/2004           95      0-29      6ML        5.375
4000173787       359      535,400.00  535,367.40    6.875   3,067.40   10/1/2004           95      0-29      6ML         5.25
34640003         359      155,800.00  155,800.00     6.25     811.46   10/1/2004        79.98      0-29      6ML          4.5
4000165159       359      130,000.00  129,893.44        7     864.89   10/1/2004           65      0-29      6ML         4.75
4000162814       359      116,000.00  116,000.00     7.25     700.83   10/1/2004         71.6      0-29      6ML            5
34998393         359      144,700.00  144,700.00      6.5     783.79   10/1/2004        79.99      0-29      6ML         4.75
35149343         359      180,000.00  180,000.00    7.375   1,106.25   10/1/2004           80      0-29      FIX            0
35015213         359      128,000.00  127,900.14     7.25     873.19   10/1/2004           80      0-29      6ML        5.375
34236216         359      205,250.00  205,250.00     6.99   1,195.58   10/1/2004        79.99      0-29      6ML          4.5
4000171937       359      344,000.00  344,000.00    5.999   1,719.71   10/1/2004           80      0-29      6ML         3.75
34110106         359      651,900.00  651,900.00     5.99   3,254.07   10/1/2004           80      0-29      6ML        3.625
35136720         359      152,100.00  152,100.00    8.625   1,093.22   10/1/2004        99.98      0-29      6ML        6.625
33551003         358      455,550.00  454,780.00    6.875   2,992.64    9/1/2004         89.1      0-29      6ML         5.75
34261263         357       97,100.00   96,902.83     7.99     711.81    9/1/2004        82.29      0-29      6ML         6.75
35344514         359      149,950.00  149,824.02    6.875     985.07   10/1/2004          100      0-29      6ML          5.5
35008630         358      172,000.00  171,950.00    6.125     877.92    9/1/2004           80      0-29      6ML            4
35145432         359      283,056.00  283,056.00      6.5   1,533.22   10/1/2004           80      0-29      6ML        4.625
35185115         359      156,000.00  155,892.64    7.875   1,131.11   10/1/2004        79.59      0-29      6ML        5.875
35025923         359      279,650.00  279,426.36    7.125   1,884.06   10/1/2004           85      0-29      6ML        5.625
4000178392       359      285,000.00  285,000.00     7.25   1,721.87   10/1/2004          100      0-29      6ML        5.625
34989202         359      211,500.00  211,339.06    7.375   1,460.78   10/1/2004           90      0-29      6ML            6
4000171720       359       80,750.00   80,687.00     7.25     550.86   10/1/2004           95      0-29      FIX            0
34864983         359      125,000.00  125,000.00    7.625     794.27   11/1/2004        39.68      0-29      6ML        5.375
34686097         358       85,000.00   84,729.50     5.99     509.08    9/1/2004        62.96      0-29      6ML         3.25
34989939         359      112,000.00  111,920.94     7.75     802.39   10/1/2004           80      0-29      6ML        5.875
33520693         355      360,000.00  360,000.00    5.125   1,537.50    9/1/2004           80      0-29      6ML            4
34699843         358      260,000.00  259,582.93    7.125   1,751.67    9/1/2004        78.79      0-29      FIX            0
33017245         359       65,000.00   64,946.61     6.99     432.02   10/1/2004        69.89      0-29      6ML            4
34751636         358      119,200.00  118,999.14    6.875     783.06    9/1/2004        79.52      0-29      6ML          4.5
4000163544       359       56,000.00   55,954.10        7     372.57   10/1/2004          100      0-29      6ML        5.375
4000171754       359      262,000.00  262,000.00    6.125   1,337.29   10/1/2004           80      0-29      6ML         4.25
4000178631       359      425,000.00  425,000.00     8.25   2,921.88   10/1/2004        89.85      0-29      6ML          6.5
34381590         359      154,000.00  153,879.86     7.25   1,050.56   10/1/2004         93.9      0-29      6ML            6
4000176020       359      110,000.00  109,933.37      8.5      845.8   10/1/2004          100      0-29      6ML          6.5
34988030         359      156,800.00  156,671.47        7   1,043.20   10/1/2004        79.99      0-29      6ML         5.75
4000173374       359      374,000.00  374,000.00    6.125   1,908.96   10/1/2004           80      0-29      6ML        4.125
35222835         359      164,050.00  163,925.16    7.375   1,133.06   10/1/2004          100      0-29      FIX            0
34699223         358      108,550.00  108,375.86    7.125     731.33   10/1/2004           65      0-29      6ML        4.875
35342955         359      147,000.00  147,000.00        9   1,102.50   10/1/2004          100      0-29      FIX            0
4000174770       359      300,000.00  299,708.42    6.125   1,822.83   10/1/2004        69.77      0-29      6ML        3.875
35282169         359      237,500.00  237,336.55    7.875   1,722.04   10/1/2004          100      0-29      6ML            6
34993790         359      232,750.00  232,534.42    6.375   1,452.06   10/1/2004           95      0-29      6ML        5.375
35284421         359      544,000.00  544,000.00      6.5   2,946.67   10/1/2004           80      0-29      6ML        5.125
4000165082       358      157,500.00  157,313.35    8.625   1,225.02   10/1/2004        72.25      0-29      6ML          6.5
34021972         359      148,942.00  148,816.86    6.875     978.45   10/1/2004          100      0-29      6ML          5.5
34649814         359      115,600.00  115,600.00     8.75     842.92   10/1/2004           85      0-29      6ML         6.75
4000172718       359      296,800.00  296,800.00     6.25   1,545.83   10/1/2004        79.99      0-29      6ML            4
4000168623       359      103,000.00  102,945.19    9.125     838.04   10/1/2004        84.43      0-29      FIX            0
35013051         359      206,400.00  206,400.00    5.875   1,010.50   10/1/2004           80      0-29      6ML            4
35246677         359      395,000.00  394,721.21     7.75   2,829.83   10/1/2004        69.91      0-29      FIX            0
4000164187       359      196,350.00  196,211.41     7.75   1,406.68   10/1/2004        79.98      0-29      FIX            0
34236158         358      131,400.00  131,236.07    8.375     998.74    9/1/2004        89.39      0-29      6ML        6.625
34654947         359      171,000.00  170,885.26        8   1,254.74   10/1/2004          100      0-29      6ML        6.375
4000160144       359      273,600.00  273,600.00     6.25   1,425.00   10/1/2004           95      0-29      6ML         5.25
34970129         359      175,500.00  175,348.90     6.75   1,138.29   10/1/2004           90      0-29      6ML         5.75
35155027         359       83,500.00   83,500.00    7.375     513.18   10/1/2004        50.15      0-29      6ML        4.625
34973669         359       69,000.00   68,938.19      8.5     530.56   10/1/2004          100      0-29      6ML        6.625
35233915         359       95,000.00   94,945.34     8.75     747.37   10/1/2004           95      0-29      6ML        7.375
35304245         359       90,000.00   89,904.50     7.25     613.96   10/1/2004        69.77      0-29      6ML         3.75
34992255         359      249,300.00  249,085.35     6.75   1,616.96   10/1/2004           90      0-29      6ML        5.375
35512888         359      109,200.00  109,122.92     7.75     782.33   10/1/2004          100      0-29      6ML        5.875
34736645         358      114,400.00  114,160.54     5.75     667.61    9/1/2004           80      0-29      6ML         3.75
34992552         359      144,000.00  143,895.77    7.625   1,019.23   10/1/2004           90      0-29      6ML        6.125
4000161362       359       89,350.00   89,350.00    6.375     474.67   10/1/2004        79.99      0-29      6ML         3.75
34716928         359      313,400.00  313,400.00     7.25   1,893.46   10/1/2004         84.7      0-29      6ML        4.875
34376004         359      175,000.00  174,837.91    6.375   1,091.78   10/1/2004        53.85      0-29      6ML        4.625
35125467         359      190,000.00  189,872.25     7.99   1,392.83   10/1/2004           95      0-29      6ML        6.125
34801886         359      420,000.00  420,000.00      5.5   1,925.00   10/1/2004           80      0-29      6ML        3.625
4000168054       359       91,000.00   90,929.01     7.25     620.78   10/1/2004           65      0-29      FIX            0
4000167340       359      218,500.00  218,353.39        8   1,603.28   10/1/2004        89.18      0-29      6ML         6.25
4000159288       359       47,000.00   46,949.75    5.625     270.56   10/1/2004        28.48      0-29      FIX            0
35028794         359      152,000.00  151,862.58      6.5     960.75   10/1/2004        84.44      0-29      FIX            0
34241240         359       99,000.00   98,940.02      8.5     761.23   10/1/2004           90      0-29      6ML          6.5
34381285         359      192,000.00  191,850.22     7.25   1,309.78   10/1/2004        77.42      0-29      6ML        5.375
35104140         358      137,600.00  137,409.11     8.25   1,033.75    9/1/2004           80      0-29      6ML        6.125
4000163738       358       78,000.00   77,874.88    7.125      525.5    9/1/2004        69.03      0-29      6ML        4.875
34750307         359       94,400.00   94,400.00    6.125     481.83   10/1/2004           80      0-29      6ML            4
35189224         359      292,500.00  292,500.00    7.375   1,797.66   10/1/2004         86.8      0-29      6ML         5.75
4000166669       359      200,000.00  200,000.00    7.625   1,270.83   10/1/2004           80      0-29      6ML         5.75
4000162886       359      420,000.00  419,529.37    5.375   2,351.88   10/1/2004        73.67      0-29      FIX            0
33018458         359      121,950.00  121,857.20    7.375     842.28   10/1/2004        94.98      0-29      6ML        5.875
4000164198       358      129,600.00  129,600.00    7.375      796.5    9/1/2004           90      0-29      6ML            5
4000153987       359      218,100.00  218,100.00    6.375   1,158.66   10/1/2004           80      0-29      6ML          4.5
35204320         359      458,850.00  458,850.00    7.125   2,724.42   10/1/2004           95      0-29      6ML        5.375
35208651         359      568,000.00  568,000.00    6.125   2,899.17   10/1/2004        83.53      0-29      6ML        4.375
34715458         358      106,250.00  106,117.46    8.375     807.58    9/1/2004           85      0-29      6ML          4.5
4000164582       359      450,000.00  450,000.00    6.875   2,578.12   10/1/2004           90      0-29      6ML        5.625
33016106         358      170,000.00  169,768.28     7.99   1,246.22    9/1/2004           85      0-29      6ML          6.5
34237461         359       80,000.00   80,000.00      6.5     433.33   10/1/2004           80      0-29      6ML         4.25
35103233         358      198,000.00  197,666.31    6.875   1,300.72    9/1/2004           90      0-29      6ML        5.125
35187327         359      516,000.00  516,000.00    6.625   2,848.75   10/1/2004           80      0-29      6ML         4.25
34832113         358      253,600.00  253,600.00     6.75   1,426.50    9/1/2004           80      0-29      6ML          4.5
34843003         359      323,000.00  322,734.72     6.99   2,146.76   10/1/2004          100      0-29      6ML        5.875
4000169772       359      246,900.00  246,654.21        6   1,480.29   10/1/2004           95      0-29      6ML            5
4000166648       359       74,000.00   73,946.44    7.625     523.77   10/1/2004        67.27      0-29      FIX            0
34901603         359       42,300.00   42,300.00    7.875     277.59   10/1/2004           90      0-29      6ML         5.25
4000159336       359      247,000.00  246,830.02    7.875   1,790.92   10/1/2004           95      0-29      FIX            0
4000171907       359      337,600.00  337,600.00    6.375   1,793.50   10/1/2004           80      0-29      6ML         4.25
4000180266       360      425,000.00  425,000.00     6.75   2,390.63   11/1/2004        64.39      0-29      6ML        4.875
4000152911       359      559,200.00  559,200.00    5.125   2,388.25   10/1/2004           80      0-29      6ML         3.75
35230911         359       92,000.00   92,000.00    6.125     469.58   10/1/2004           80      0-29      6ML            4

<CAPTION>
             INITIAL  PERIODIC                           PREPAYMENT
  LOANID       CAP      CAP       FLOOR    CEILING          TERM                                PREPAYMENT PENALTY
--------------------------------------------------------------------------------------------------------------------------
<S>             <C>      <C>      <C>       <C>              <C>                        <C>
34610667        3        1        6.375     12.375           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000173310      3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
4000166197      3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
34830414        3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
34936682        3        1        7.125     13.125           36                              6 mo.s interest less 20% obal
4000173787      3        1        6.875     12.875           36                              6 mo.s interest less 20% obal
34640003        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
4000165159      3        1            7         13           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000162814      3        1         7.25      13.25           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34998393        3        1          6.5       12.5           36                         min (2% prepaid, 60 days interest)
35149343        0        0            0          0            0                                                       None
35015213        3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
34236216        3        1         6.99      12.99           12                              6 mo.s interest less 20% obal
4000171937      3        1        5.999     11.999           36                              6 mo.s interest less 20% obal
34110106        3        1         5.99      11.99           24                              6 mo.s interest less 20% obal
35136720        3        1        8.625     14.625           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
33551003        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
34261263        3        1         7.99      13.99           24                              6 mo.s interest less 20% obal
35344514        3        1        6.875     12.875           36                              6 mo.s interest less 20% obal
35008630        3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
35145432        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
35185115        3        1        7.875     13.875           24                              6 mo.s interest less 20% obal
35025923        3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
4000178392      3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
34989202        3        1        7.375     13.375           36                         min (2% prepaid, 60 days interest)
4000171720      0        0            0          0           36                              6 mo.s interest less 20% obal
34864983        3        1        7.625     13.625            0                                                       None
34686097        3        1         5.99      11.99           24                              6 mo.s interest less 20% obal
34989939        3        1         7.75      13.75           24                              6 mo.s interest less 20% obal
33520693        3        1        5.125     11.125           24                              6 mo.s interest less 20% obal
34699843        0        0            0          0           36                              6 mo.s interest less 20% obal
33017245        3        1         6.99      12.99           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34751636        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
4000163544      3        1            7         13           24                              6 mo.s interest less 20% obal
4000171754      3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
4000178631      3        1         8.25      14.25           24                              6 mo.s interest less 20% obal
34381590        3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
4000176020      3        1          8.5       14.5           24                              6 mo.s interest less 20% obal
34988030        3        1            7         13           36                         min (2% prepaid, 60 days interest)
4000173374      3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
35222835        0        0            0          0           36                              6 mo.s interest less 20% obal
34699223        3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
35342955        0        0            0          0            0                                                       None
4000174770      3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
35282169        3        1        7.875     13.875            0                                                       None
34993790        3        1        6.375     12.375           36                         min (2% prepaid, 60 days interest)
35284421        3        1          6.5       12.5            0                                                       None
4000165082      3        1        8.625     14.625           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34021972        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
34649814        3        1         8.75      14.75           24                                                 2% prepaid
4000172718      3        1         6.25      12.25           12                              6 mo.s interest less 20% obal
4000168623      0        0            0          0           36                                                 1% prepaid
35013051        3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
35246677        0        0            0          0            0                                                       None
4000164187      0        0            0          0           36                              6 mo.s interest less 20% obal
34236158        3        1        8.375     14.375           24                              6 mo.s interest less 20% obal
34654947        3        1            8         14           24                              6 mo.s interest less 20% obal
4000160144      3        1         6.25      12.25           36                              6 mo.s interest less 20% obal
34970129        3        1         6.75      12.75           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35155027        3        1        7.375     13.375           24                              6 mo.s interest less 20% obal
34973669        3        1          8.5       14.5           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35233915        3        1         8.75      14.75           24                              6 mo.s interest less 20% obal
35304245        3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
34992255        3        1         6.75      12.75           36                         min (2% prepaid, 60 days interest)
35512888        3        1         7.75      13.75            0                                                       None
34736645        3        1         5.75      11.75           24                              6 mo.s interest less 20% obal
34992552        3        1        7.625     13.625           24                         min (2% prepaid, 60 days interest)
4000161362      3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
34716928        3        1         7.25      13.25           12                              6 mo.s interest less 20% obal
34376004        3        1        6.375     12.375            0                                                       None
35125467        3        1         7.99      13.99            0                                                       None
34801886        3        1          5.5       11.5           24                              6 mo.s interest less 20% obal
4000168054      0        0            0          0            0                                                       None
4000167340      3        1            8         14           24                              6 mo.s interest less 20% obal
4000159288      0        0            0          0           36                              6 mo.s interest less 20% obal
35028794        0        0            0          0           36                              6 mo.s interest less 20% obal
34241240        3        1          8.5       14.5           24                              6 mo.s interest less 20% obal
34381285        3        1         7.25      13.25            0                                                       None
35104140        3        1         8.25      14.25            0                                                       None
4000163738      3        1        7.125     13.125           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34750307        3        1        6.125     12.125           36                              6 mo.s interest less 20% obal
35189224        3        1        7.375     13.375           24                              6 mo.s interest less 20% obal
4000166669      3        1        7.625     13.625           24                              6 mo.s interest less 20% obal
4000162886      0        0            0          0           36                              6 mo.s interest less 20% obal
33018458        3        1        7.375     13.375           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000164198      3        1        7.375     13.375            0                                                       None
4000153987      3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
35204320        3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
35208651        3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
34715458        3        1        8.375     14.375           24                              6 mo.s interest less 20% obal
4000164582      3        1        6.875     12.875           36                              6 mo.s interest less 20% obal
33016106        3        1         7.99      13.99           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34237461        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
35103233        3        1        6.875     12.875           12                              6 mo.s interest less 20% obal
35187327        3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
34832113        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
34843003        3        1         6.99      12.99           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000169772      3        1            6         12           24                              6 mo.s interest less 20% obal
4000166648      0        0            0          0           36                              6 mo.s interest less 20% obal
34901603        3        1        7.875     13.875           24                              6 mo.s interest less 20% obal
4000159336      0        0            0          0           36                              6 mo.s interest less 20% obal
4000171907      3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
4000180266      3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
4000152911      3        1        5.125     11.125           24                              6 mo.s interest less 20% obal
35230911        3        1        6.125     12.125           24                              6 mo.s interest less 20% obal

<CAPTION>
                                              PAYMENT
              FIRST RATE      RATE RESET       RESET                                  MI
  LOANID      RESET DATE       FREQUENCY     FREQUENCY  PURPOSE   DIV  IO    IOTERM  FLAG
-----------------------------------------------------------------------------------------
<S>           <C>                  <C>            <C>  <C>         <C>  <C>    <C>    <C>
34610667        8/1/2006           6              6    Purchase    N    Y      60     N
4000173310      9/1/2006           6              6    Purchase    N    Y      60     N
4000166197      9/1/2006           6              6    C/O Refi    N    Y      60     N
34830414        9/1/2006           6              6    C/O Refi    N    N       0     N
34936682        9/1/2007           6              6    Purchase    N    N       0     Y
4000173787      9/1/2007           6              6    Purchase    N    Y      60     N
34640003        9/1/2006           6              6    Purchase    N    Y      60     N
4000165159      9/1/2006           6              6    Purchase    N    N       0     N
4000162814      9/1/2006           6              6    R/T Refi    N    Y      60     N
34998393        9/1/2006           6              6    Purchase    N    Y      60     N
35149343      00/00/0000           0              0    Purchase    N    Y      60     N
35015213        9/1/2006           6              6    Purchase    N    N       0     N
34236216        9/1/2009           6              6    Constructio N    Y      60     N
4000171937      9/1/2007           6              6    Purchase    N    Y      60     N
34110106        9/1/2006           6              6    Purchase    N    Y      60     N
35136720        9/1/2006           6              6    Purchase    N    Y      60     N
33551003        8/1/2006           6              6    Purchase    N    N       0     Y
34261263        7/1/2006           6              6    C/O Refi    N    N       0     Y
35344514        9/1/2007           6              6    Purchase    N    N       0     N
35008630        8/1/2006           6              6    C/O Refi    N    Y      60     N
35145432        9/1/2007           6              6    Purchase    N    Y      60     N
35185115        9/1/2006           6              6    C/O Refi    N    N       0     N
35025923        9/1/2006           6              6    C/O Refi    N    N       0     Y
4000178392      9/1/2006           6              6    Purchase    N    Y      60     N
34989202        9/1/2006           6              6    C/O Refi    N    N       0     Y
4000171720    00/00/0000           0              0    Purchase    N    N       0     Y
34864983        9/1/2009           6              6    C/O Refi    N    Y      60     N
34686097        8/1/2006           6              6    C/O Refi    N    N       0     N
34989939        9/1/2006           6              6    Purchase    N    N       0     N
33520693        5/1/2006           6              6    Purchase    N    Y      60     N
34699843      00/00/0000           0              0    C/O Refi    N    N       0     N
33017245        9/1/2007           6              6    R/T Refi    N    N       0     N
34751636        8/1/2009           6              6    Purchase    N    N       0     N
4000163544      9/1/2006           6              6    Purchase    N    N       0     Y
4000171754      9/1/2006           6              6    Purchase    N    Y      60     N
4000178631      9/1/2006           6              6    Purchase    N    Y      60     N
34381590        9/1/2006           6              6    Purchase    N    N       0     Y
4000176020      9/1/2006           6              6    Purchase    N    N       0     N
34988030        9/1/2006           6              6    Purchase    N    N       0     N
4000173374      9/1/2006           6              6    Purchase    N    Y      60     N
35222835      00/00/0000           0              0    Purchase    N    N       0     Y
34699223        8/1/2006           6              6    C/O Refi    N    N       0     N
35342955      00/00/0000           0              0    Purchase    N    Y      60     N
4000174770      9/1/2006           6              6    R/T Refi    N    N       0     N
35282169        9/1/2006           6              6    Purchase    N    N       0     N
34993790        9/1/2006           6              6    C/O Refi    N    N       0     Y
35284421        9/1/2006           6              6    Purchase    N    Y      60     N
4000165082      8/1/2006           6              6    R/T Refi    N    N       0     N
34021972        9/1/2006           6              6    Purchase    N    N       0     Y
34649814        9/1/2006           6              6    C/O Refi    N    Y      60     N
4000172718      9/1/2006           6              6    Purchase    N    Y      60     N
4000168623    00/00/0000           0              0    Purchase    N    N       0     Y
35013051        9/1/2006           6              6    Purchase    N    Y      60     N
35246677      00/00/0000           0              0    C/O Refi    N    N       0     N
4000164187    00/00/0000           0              0    Purchase    N    N       0     N
34236158        8/1/2006           6              6    C/O Refi    N    N       0     Y
34654947        9/1/2006           6              6    C/O Refi    N    N       0     N
4000160144      9/1/2007           6              6    Purchase    N    Y      60     Y
34970129        9/1/2007           6              6    Purchase    N    N       0     Y
35155027        9/1/2006           6              6    C/O Refi    N    Y      60     N
34973669        9/1/2006           6              6    C/O Refi    N    N       0     Y
35233915        9/1/2006           6              6    Purchase    N    N       0     Y
35304245        9/1/2006           6              6    Purchase    N    N       0     N
34992255        9/1/2007           6              6    C/O Refi    N    N       0     N
35512888        9/1/2007           6              6    C/O Refi    N    N       0     N
34736645        8/1/2006           6              6    Purchase    N    N       0     N
34992552        9/1/2006           6              6    C/O Refi    N    N       0     N
4000161362      9/1/2009           6              6    Purchase    N    Y      60     N
34716928        9/1/2007           6              6    C/O Refi    N    Y      60     N
34376004        9/1/2007           6              6    Purchase    N    N       0     N
35125467        9/1/2006           6              6    C/O Refi    N    N       0     Y
34801886        9/1/2006           6              6    Purchase    N    Y      60     N
4000168054    00/00/0000           0              0    C/O Refi    N    N       0     N
4000167340      9/1/2006           6              6    C/O Refi    N    N       0     Y
4000159288    00/00/0000           0              0    R/T Refi    N    N       0     N
35028794      00/00/0000           0              0    C/O Refi    N    N       0     Y
34241240        9/1/2006           6              6    C/O Refi    N    N       0     Y
34381285        9/1/2006           6              6    C/O Refi    N    N       0     N
35104140        8/1/2006           6              6    C/O Refi    N    N       0     N
4000163738      8/1/2007           6              6    C/O Refi    N    N       0     N
34750307        9/1/2007           6              6    Purchase    N    Y      60     N
35189224        9/1/2006           6              6    C/O Refi    N    Y      60     Y
4000166669      9/1/2006           6              6    C/O Refi    N    Y      60     N
4000162886    00/00/0000           0              0    Purchase    N    N       0     N
33018458        9/1/2006           6              6    Purchase    N    N       0     Y
4000164198      8/1/2006           6              6    Purchase    N    Y      60     Y
4000153987      9/1/2006           6              6    Purchase    N    Y      60     N
35204320        9/1/2006           6              6    C/O Refi    N    Y      60     Y
35208651        9/1/2006           6              6    C/O Refi    N    Y      60     Y
34715458        8/1/2006           6              6    Purchase    N    N       0     Y
4000164582      9/1/2007           6              6    Purchase    N    Y      60     N
33016106        8/1/2006           6              6    C/O Refi    N    N       0     N
34237461        9/1/2006           6              6    Purchase    N    Y      60     N
35103233        8/1/2007           6              6    R/T Refi    N    N       0     N
35187327        9/1/2009           6              6    Purchase    N    Y      60     N
34832113        8/1/2009           6              6    Purchase    N    Y      60     N
34843003        9/1/2006           6              6    Purchase    N    N       0     Y
4000169772      9/1/2006           6              6    Purchase    N    N       0     Y
4000166648    00/00/0000           0              0    R/T Refi    N    N       0     N
34901603        9/1/2006           6              6    Purchase    N    Y      60     Y
4000159336    00/00/0000           0              0    R/T Refi    N    N       0     N
4000171907      9/1/2006           6              6    C/O Refi    N    Y      60     N
4000180266     10/1/2006           6              6    C/O Refi    N    Y      60     N
4000152911      9/1/2006           6              6    Purchase    N    Y      60     N
35230911        9/1/2006           6              6    Purchase    N    Y      60     N
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
                                                          PROPERTY                    ORIGINAL ORIGINATION  FIRST PAY   MATURITY
  LOANID              CITY                 ZIP    STATE     TYPE       OCCUPANCY        TERM      DATE        DATE        DATE
--------------------------------------------------------------------------------------------------------------------------------
<S>           <C>                         <C>       <C>   <C>        <C>                <C>     <C>         <C>         <C>
35267095      EUREKA                      95503     CA       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
35125236      LAKE FOREST                 60045     IL       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
34757690      HYATTSVILLE                 20785     MD       PUD     Owner Occupied     360      8/2/2004    9/1/2004   8/1/2034
33632746      DETROIT                     48235     MI       SFR     Owner Occupied     360     6/11/2004    8/1/2004   7/1/2034
4000171512    BRENTWOOD                   11717     NY       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35153774      DAWSONVILLE                 30534     GA       PUD     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34962654      MCGRANN                     16236     PA       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34995472      SAINT PAUL                  55103     MN       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
4000152336    GILROY                      95020     CA       PUD     Owner Occupied     360     7/20/2004    9/1/2004   8/1/2034
34378430      BERLIN                       8009     NJ       SFR     Owner Occupied     360     7/27/2004    9/1/2004   8/1/2034
35106178      SEALY                       77474     TX       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
34901363      LARGO                       33770     FL       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
35146448      MOSCOW                      38057     TN       SFR     Owner Occupied     180      8/4/2004   10/1/2004   9/1/2019
34971820      SPRINGFIELD                 45504     OH       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
4000167967    LOS BANOS                   93635     CA       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
4000172260    MIAMI                       33143     FL       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
33172727      SAGINAW                     48601     MI       SFR     Owner Occupied     360      5/6/2004    7/1/2004   6/1/2034
34793521      VICTORVILLE                 92394     CA       SFR     Investor           360     7/22/2004    9/1/2004   8/1/2034
34933176      WARRENTON                   97146     OR       SFR     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
34718007      UPLAND                      91786     CA       PUD     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
35147321      BUCHANNAN                   30113     GA       SFR     Owner Occupied     360      8/3/2004    9/1/2004   8/1/2034
4000176944    PRAIRIEVILLE                70769     LA       SFR     Owner Occupied     360     8/27/2004   11/1/2004  10/1/2034
34925560      CAMAS                       98607     WA       PUD     Owner Occupied     360     7/27/2004    9/1/2004   8/1/2034
4000165833    RESEDA AREA                 91335     CA      Condo    Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
34867630      QUEENS VILLAGE              11430     NY       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
34655712      RACINE                      53402     WI       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34953778      PERRIS                      92570     CA       SFR     Owner Occupied     360     7/26/2004    9/1/2004   8/1/2034
35265784      TULARE                      93274     CA       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
34996074      WOODBURY                    55129     MN       PUD     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
35153717      ATLANTA                     30314     GA    Units 2-4  Investor           360     8/16/2004   10/1/2004   9/1/2034
34918870      MEMPHIS                     38114     TN       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
34930149      KEIZER                      97303     OR       SFR     Owner Occupied     360     7/27/2004    9/1/2004   8/1/2034
4000163537    ANDERSON                    96007     CA       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
34652578      SAINT LOUIS                 63106     MO    Units 2-4  Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
34860296      STREAMWOOD                  60107     IL       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
35145903      COLUMBUS                    31907     GA       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35202522      SAN DIEGO                   92111     CA       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
34761783      MONTGOMERY VILLAGE          20886     MD       PUD     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35077130      GREENSBORO                  27410     NC       PUD     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
35077304      BURLINGTON                  27215     NC       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
35160795      CLARKSVILLE                 37042     TN       SFR     Owner Occupied     180     8/25/2004   10/1/2004   9/1/2019
4000175766    DETROIT                     48235     MI       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34994509      MINNEAPOLIS                 55412     MN    Units 2-4  Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
4000164698    AKRON                       44320     OH       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
35232651      PELHAM                      35124     AL       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34038331      SACO                         4072     ME       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
4000179465    WARREN                      48091     MI       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
34996173      MINNEAPOLIS                 55412     MN       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
34958793      YORBA LINDA                 92886     CA       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
34984997      BISMARCK                    58503     ND      Condo    Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
34932228      GRESHAM                     97080     OR       PUD     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
35135607      SAINT CHARLES               60175     IL       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34852665      CHICAGO                     60612     IL       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
34989574      ROCHESTER                   55901     MN       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
34415158      PENDLETON                   97801     OR       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
4000171911    SACRAMENTO                  95823     CA       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
4000161297    PUYALLUP                    98374     WA       SFR     Owner Occupied     360     7/26/2004    9/1/2004   8/1/2034
35227297      MIAMI                       33185     FL       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
4000157662    PINOPOLIS                   29469     SC       SFR     Owner Occupied     360      7/9/2004    9/1/2004   8/1/2034
35090109      WEST CHESTER                45069     OH       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
35007392      DENVER                      80210     CO       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
34888313      BRANDON                     33511     FL       PUD     Owner Occupied     360     7/13/2004    9/1/2004   8/1/2034
35103613      ROUND ROCK                  78664     TX       SFR     Investor           360     8/25/2004   10/1/2004   9/1/2034
34866301      BINGHAMTON                  13904     NY       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
34551069      SAN ANTONIO                 78207     TX       SFR     Owner Occupied     360     6/29/2004    9/1/2004   8/1/2034
34973479      DAYTON                      45424     OH       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34551762      SAN ANTONIO                 78217     TX       SFR     Owner Occupied     360     6/29/2004    9/1/2004   8/1/2034
35208636      OCEANSIDE                   92056     CA       PUD     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
35032671      LAUGHLIN                    89029     NV      Condo    Investor           360     8/13/2004   10/1/2004   9/1/2034
4000155254    LAKE STEVENS                98258     WA       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
34989327      SAINT PAUL                  55106     MN       SFR     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
4000145522    AVENTURA                    33180     FL      Condo    Owner Occupied     360      8/2/2004    9/1/2004   8/1/2034
35024199      MURRIETA                    92562     CA      Condo    Owner Occupied     360     7/26/2004    9/1/2004   8/1/2034
35038439      CARLSBAD                    92009     CA       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35123173      CHICAGO                     60639     IL       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
34793067      TEMECULA                    92592     CA       SFR     Owner Occupied     360     7/27/2004    9/1/2004   8/1/2034
4000162389    SOUTH EUCLID                44121     OH       SFR     Owner Occupied     360     7/23/2004    9/1/2004   8/1/2034
35182492      FULLERTON                   92833     CA      Condo    Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35122084      HOMEWOOD                    60430     IL       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
35146646      LITHIA SPRINGS              30122     GA       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
34933796      EUGENE                      97402     OR       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
35063684      GAFFNEY                     29340     SC       SFR     Owner Occupied     360      8/2/2004    9/1/2004   8/1/2034
34760652      WASHINGTON DC               20032     DC       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34976993      HAMMERSVILLE                45130     OH       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35191592      SAN BERNARDINO              92407     CA       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
4000171771    SACRAMENTO                  95838     CA       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
35150366      MEMPHIS                     38118     TN       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
35186188      PARAMOUNT                   90723     CA      Condo    Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
34419192      MEDFORD                     97501     OR       PUD     Owner Occupied     360     7/22/2004    9/1/2004   8/1/2034
4000151949    FRESNO                      93704     CA       SFR     Owner Occupied     360     6/10/2004    8/1/2004   7/1/2034
35209295      SAN DIEGO                   92139     CA       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
4000177053    CHESTERFIELD TWP            48047     MI      Condo    Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
4000174308    CANYON COUNTRY AREA         91351     CA       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34961474      SANTA ANA                   92707     CA      Condo    Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
4000164865    GRANADA HILLS AREA          91344     CA       SFR     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
4000154552    FAIRFAX                     22033     VA      Condo    Owner Occupied     360      7/2/2004    8/1/2004   7/1/2034
35017441      EVANS                       80620     CO       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35203058      SAN DIEGO                   92128     CA      Condo    Investor           360     7/28/2004    9/1/2004   8/1/2034
35262526      MURRIETA                    92563     CA       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
34999441      WOODBURY                    55125     MN       PUD     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34730945      LEHI                        84043     UT      Condo    Owner Occupied     360      8/2/2004    9/1/2004   8/1/2034
34801357      SAN PEDRO                   90731     CA       SFR     Owner Occupied     360     7/28/2004   10/1/2004   9/1/2034
4000174871    FOLSOM                      95630     CA       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
34934968      GLADSTONE                   97027     OR       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
4000172222    STERLING HEIGHTS            48310     MI       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034

<CAPTION>
                                                                                      ORIGINAL
                                                                                      COMBAINED
              REMAINING     ORIGINAL   SCHEDULED                       PAID THRU       LOAN TO      OTS
  LOANID        TERM        BALANCE     BALANCE      RATE      P&I        DATE          VALUE   DELINQUENCY INDEX       MARGIN
------------------------------------------------------------------------------------------------------------------------------
<S>              <C>      <C>         <C>           <C>     <C>        <C>              <C>        <C>       <C>        <C>
35267095         359      193,600.00  193,600.00     6.75   1,089.00   10/1/2004           80      0-29      6ML        4.375
35125236         359      360,000.00  359,690.04     6.75   2,334.96   10/1/2004           80      0-29      6ML          4.5
34757690         358      108,050.00  108,050.00    7.125     641.55   10/1/2004        79.98      0-29      6ML        5.125
33632746         357      105,000.00  105,000.00      7.5     656.25    9/1/2004           83      0-29      6ML        5.625
4000171512       359      220,000.00  219,759.19      5.5   1,249.14   10/1/2004        72.13      0-29      6ML        3.875
35153774         359      139,920.00  139,920.00        7      816.2   10/1/2004           80      0-29      6ML            5
34962654         359       35,150.00   35,127.00    8.125     260.99   10/1/2004           95      0-29      6ML        6.375
34995472         359       84,000.00   83,931.14        7     558.86   10/1/2004        68.85      0-29      6ML        4.875
4000152336       358      488,000.00  488,000.00     5.75   2,338.33    9/1/2004           80      0-29      6ML        0.375
34378430         358      125,000.00  124,784.15     6.75     810.75    9/1/2004        76.22      0-29      6ML        4.625
35106178         359       78,150.00   78,087.50    7.125     526.52   10/1/2004        79.99      0-29      6ML        5.375
34901363         359      124,800.00  124,720.41     8.25     937.59   10/1/2004           80      0-29      6ML        6.125
35146448         179       59,400.00   59,239.45     8.75     593.68   10/1/2004           90      0-29      FIX            0
34971820         359       38,000.00   37,984.48   10.375     344.06   10/1/2004           95      0-29      6ML        6.625
4000167967       359      292,500.00  292,500.00    7.999   1,949.76   10/1/2004           90      0-29      6ML        5.875
4000172260       359      731,250.00  731,250.00     6.25   3,808.59   10/1/2004           75      0-29      6ML        3.625
33172727         356       86,700.00   86,464.94        8     636.18    9/1/2004           85      0-29      6ML        6.375
34793521         358      190,100.00  190,100.00    7.125   1,128.72    9/1/2004        89.99      0-29      6ML            5
34933176         358      123,400.00  123,216.25      7.5     862.84    9/1/2004        64.98      0-29      FIX            0
34718007         359      336,900.00  336,900.00     5.99   1,681.69   10/1/2004        79.98      0-29      6ML        3.625
35147321         358       89,000.00   88,870.75    7.625     629.94   10/1/2004        74.79      0-29      6ML         4.75
4000176944       360      116,850.00  116,084.07     7.25     705.97   11/1/2004           95      0-29      6ML        5.625
34925560         358      407,200.00  407,200.00    6.125   2,078.42    9/1/2004           80      0-29      6ML        4.375
4000165833       359      264,000.00  264,000.00      6.5   1,430.00   10/1/2004           80      0-29      6ML        4.375
34867630         359      337,500.00  337,500.00     6.75   1,898.44   10/1/2004           90      0-29      6ML        5.625
34655712         359      137,500.00  137,420.88     8.75   1,081.72   10/1/2004          100      0-29      FIX            0
34953778         358      176,000.00  175,762.55     7.99   1,290.20    9/1/2004           80      0-29      6ML        5.625
35265784         359      107,950.00  107,950.00    6.875     618.46   10/1/2004           85      0-29      6ML            5
34996074         359      247,500.00  247,253.61        6   1,483.89   10/1/2004           90      0-29      6ML            5
35153717         359      184,000.00  184,000.00     5.75     881.67   10/1/2004           80      0-29      6ML         3.25
34918870         359       58,500.00   58,500.00    8.375     408.28   10/1/2004           90      0-29      6ML        6.875
34930149         358      152,400.00  152,184.17     7.75   1,091.82    9/1/2004        83.51      0-29      6ML         5.75
4000163537       359      128,000.00  128,000.00    5.875     626.67   10/1/2004           80      0-29      6ML            4
34652578         359      140,000.00  140,000.00    7.875     918.75   10/1/2004           70      0-29      6ML         5.25
34860296         359      110,000.00  109,902.94    6.625     704.35   10/1/2004        51.16      0-29      6ML            4
35145903         359       60,000.00   59,958.70    7.875     435.05   10/1/2004           80      0-29      6ML            6
35202522         359      376,000.00  376,000.00    6.375   1,997.50   10/1/2004           80      0-29      6ML            4
34761783         359      227,200.00  227,200.00    6.625   1,254.33   10/1/2004           80      0-29      6ML        4.125
35077130         359      113,750.00  113,675.58    8.125      844.6   10/1/2004        79.97      0-29      6ML         5.75
35077304         359       60,650.00   60,606.10    7.625     429.28   10/1/2004           75      0-29      6ML        5.375
35160795         179       80,000.00   79,758.39      7.5     741.61   10/1/2004          100      0-29      FIX            0
4000175766       359       75,000.00   74,947.06     7.75     537.31   10/1/2004          100      0-29      6ML        6.375
34994509         359      170,000.00  169,873.83      7.5   1,188.67   10/1/2004           85      0-29      6ML        6.125
4000164698       359       68,000.00   67,953.20    7.875     493.05   10/1/2004           85      0-29      6ML        6.375
35232651         359      157,950.00  157,817.30    6.875   1,037.62   10/1/2004           81      0-29      6ML        5.625
34038331         359      145,600.00  145,489.20    7.375   1,005.63   10/1/2004           80      0-29      6ML         5.25
4000179465       359       96,000.00   95,919.35    6.875     630.65   10/1/2004          100      0-29      6ML          5.5
34996173         359      172,800.00  172,800.00     5.75        828   10/1/2004           80      0-29      6ML        4.375
34958793         359      625,000.00  624,486.68     6.99   4,153.95   10/1/2004        73.53      0-29      FIX            0
34984997         359       85,500.00   85,426.38     6.75     554.56   10/1/2004        77.73      0-29      6ML        4.875
34932228         359      253,700.00  253,700.00     7.75   1,638.48   10/1/2004        84.99      0-29      6ML        5.875
35135607         359      576,000.00  575,593.46     7.75   4,126.54   10/1/2004           90      0-29      FIX            0
34852665         359      162,000.00  161,879.77      7.5   1,132.73   10/1/2004           90      0-29      6ML        6.125
34989574         359      155,800.00  155,800.00    5.875     762.77   10/1/2004        79.98      0-29      6ML         4.25
34415158         359      283,050.00  283,050.00      7.5   1,769.06   10/1/2004           90      0-29      6ML        6.125
4000171911       359      200,800.00  200,800.00     6.75   1,129.50   10/1/2004           80      0-29      6ML            5
4000161297       358      151,200.00  150,957.46    7.125   1,018.66    9/1/2004           80      0-29      6ML        5.125
35227297         359      285,000.00  285,000.00        7   1,662.50   10/1/2004        85.59      0-29      6ML          5.5
4000157662       358      450,000.00  449,999.63    6.999   2,624.63    9/1/2004           90      0-29      6ML         5.75
35090109         359      127,000.00  127,000.00     7.25     767.29   10/1/2004        86.39      0-29      6ML         5.75
35007392         359      308,696.00  308,696.00    6.625   1,704.26   10/1/2004           80      0-29      6ML          4.5
34888313         358      136,000.00  135,830.35    8.375   1,033.70    9/1/2004        88.89      0-29      6ML            7
35103613         359      105,300.00  105,300.00     7.25     636.19   10/1/2004           90      0-29      6ML         4.75
34866301         359       28,600.00   28,583.11    8.625     222.45   10/1/2004        89.94      0-29      6ML        5.375
34551069         358       69,500.00   69,374.00      6.5     439.29   10/1/2004        78.98      0-29      6ML         4.75
34973479         359      154,000.00  154,000.00    8.625   1,106.88   10/1/2004          100      0-29      6ML        6.875
34551762         358       73,500.00   73,401.03        8     539.32   10/1/2004        83.52      0-29      FIX            0
35208636         359      387,000.00  387,000.00    7.875   2,539.69   10/1/2004        88.56      0-29      6ML         6.25
35032671         359      101,300.00  101,300.00      7.5     633.13   10/1/2004        89.96      0-29      6ML        4.875
4000155254       359      170,000.00  169,900.00     6.25     885.42   10/1/2004           80      0-29      6ML          4.5
34989327         358      136,000.00  135,830.35    8.375   1,033.70    9/1/2004           85      0-29      6ML        5.625
4000145522       358      328,000.00  328,000.00    5.999   1,639.73    9/1/2004           80      0-29      6ML        4.375
35024199         358      440,000.00  439,121.75        6   2,638.03    9/1/2004           80      0-29      6ML         3.75
35038439         359      450,000.00  450,000.00     5.99   2,246.25   10/1/2004        75.89      0-29      6ML        4.125
35123173         359      121,600.00  121,487.37    6.375     758.63   10/1/2004           80      0-29      6ML        4.375
34793067         358      276,000.00  276,000.00      6.5   1,495.00    9/1/2004           80      0-29      6ML        4.875
4000162389       358      153,900.00  153,621.00      6.5     972.75    9/1/2004           95      0-29      6ML          5.5
35182492         359      200,000.00  200,000.00     6.25   1,041.67   10/1/2004           80      0-29      6ML         4.25
35122084         359      170,900.00  170,782.38    7.875   1,239.15   10/1/2004        89.99      0-29      6ML        5.625
35146646         359       99,200.00   99,200.00    6.375        527   10/1/2004           80      0-29      6ML        4.375
34933796         359      108,800.00  108,708.59    6.875     714.74   10/1/2004           80      0-29      FIX            0
35063684         358       76,500.00   76,395.57     7.99      560.8    9/1/2004           85      0-29      6ML         5.75
34760652         359      115,000.00  114,941.92    9.375     956.52   10/1/2004        79.86      0-29      FIX            0
34976993         359       49,000.00   48,921.56    7.875     355.29   10/1/2004        52.13      0-29      FIX            0
35191592         359      128,000.00  128,000.00     6.99      745.6   10/1/2004           80      0-29      6ML            5
4000171771       359      161,500.00  161,500.00    7.125     958.91   10/1/2004           85      0-29      6ML          5.5
35150366         359       70,000.00   69,962.74    9.125     569.55   10/1/2004          100      0-29      FIX            0
35186188         359      156,000.00  156,000.00    5.875     763.75   10/1/2004           80      0-29      6ML            4
34419192         358      191,900.00  191,900.00        6      959.5   10/1/2004        79.99      0-29      6ML        4.125
4000151949       357      221,500.00  220,924.67     6.75   1,436.64    9/1/2004          100      0-29      FIX            0
35209295         359      373,500.00  373,500.00    6.875   2,139.84   10/1/2004           90      0-29      6ML            5
4000177053       359      188,000.00  187,838.14     6.75   1,219.36   10/1/2004          100      0-29      6ML        5.625
4000174308       359      189,000.00  189,000.00    5.875     925.31   10/1/2004           54      0-29      6ML          3.5
34961474         359      288,000.00  288,000.00     6.25   1,500.00   10/1/2004           80      0-29      6ML        4.125
4000164865       358      750,000.00  748,607.02    6.375   4,679.02   10/1/2004        78.95      0-29      6ML         4.25
4000154552       357      248,000.00  248,000.00     6.25   1,291.67   10/1/2004           80      0-29      6ML         4.25
35017441         359      137,700.00  137,572.46    6.375     859.07   10/1/2004        88.84      0-29      6ML         4.75
35203058         358      436,000.00  436,000.00     5.99   2,176.37    9/1/2004           80      0-29      6ML        3.625
35262526         359      306,000.00  306,000.00     5.25   1,338.75   10/1/2004           80      0-29      6ML        3.625
34999441         359      167,000.00  167,000.00     6.25     869.79   10/1/2004          100      0-29      6ML        5.375
34730945         358      149,250.00  149,004.59        7     992.97    9/1/2004        89.98      0-29      6ML        5.125
34801357         359      510,000.00  509,571.54    6.875   3,350.34   10/1/2004           85      0-29      6ML            5
4000174871       359      352,000.00  352,000.00    6.625   1,943.33   10/1/2004           80      0-29      6ML         4.25
34934968         359      184,000.00  183,841.57     6.75   1,193.43   10/1/2004           80      0-29      6ML        4.875
4000172222       359      144,000.00  143,908.18     8.25   1,081.82   10/1/2004           90      0-29      6ML         6.25

<CAPTION>
             INITIAL  PERIODIC                           PREPAYMENT
  LOANID       CAP      CAP       FLOOR    CEILING          TERM                                PREPAYMENT PENALTY
--------------------------------------------------------------------------------------------------------------------------
<S>             <C>      <C>      <C>       <C>              <C>                        <C>
35267095        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
35125236        3        1         6.75      12.75           12                              3%/2%/1%-1st yr/2nd yr/3rd yr
34757690        3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
33632746        3        1          7.5       13.5           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000171512      3        1          5.5       11.5            0                                                       None
35153774        3        1            7         13            0                                                       None
34962654        3        1        8.125     14.125           36                              6 mo.s interest less 20% obal
34995472        3        1            7         13           36                         min (2% prepaid, 60 days interest)
4000152336      3        1         5.75      11.75           36                              6 mo.s interest less 20% obal
34378430        3        1         6.75      12.75            0                                                       None
35106178        3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
34901363        3        1         8.25      14.25           36                              6 mo.s interest less 20% obal
35146448        0        0            0          0           36                              6 mo.s interest less 20% obal
34971820        3        1       10.375     16.375           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000167967      3        1        7.999     13.999           12                              6 mo.s interest less 20% obal
4000172260      3        1         6.25      12.25           36                              6 mo.s interest less 20% obal
33172727        3        1            8         14           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34793521        3        1        7.125     13.125           36                              6 mo.s interest less 20% obal
34933176        0        0            0          0           36                              6 mo.s interest less 20% obal
34718007        3        1         5.99      11.99           36                              6 mo.s interest less 20% obal
35147321        3        1        7.625     13.625            0                                                       None
4000176944      3        1         7.25      13.25           36                              6 mo.s interest less 20% obal
34925560        3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
4000165833      3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
34867630        3        1         6.75      12.75            0                                                       None
34655712        0        0            0          0           36                              6 mo.s interest less 20% obal
34953778        3        1         7.99      13.99           24                              6 mo.s interest less 20% obal
35265784        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
34996074        3        1            6         12           36                         min (2% prepaid, 60 days interest)
35153717        1        1         5.75      11.75            0                                                       None
34918870        3        1        8.375     14.375           36                              6 mo.s interest less 20% obal
34930149        3        1         7.75      13.75           24                              6 mo.s interest less 20% obal
4000163537      3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
34652578        3        1        7.875     13.875           24                                                 2% prepaid
34860296        3        1        6.625     12.625           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35145903        3        1        7.875     13.875            0                                                       None
35202522        3        1        6.375     12.375           36                              6 mo.s interest less 20% obal
34761783        3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
35077130        3        1        8.125     14.125            0                                                       None
35077304        3        1        7.625     13.625            0                                                       None
35160795        0        0            0          0           36                              6 mo.s interest less 20% obal
4000175766      3        1         7.75      13.75           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34994509        3        1          7.5       13.5           24                         min (2% prepaid, 60 days interest)
4000164698      3        1        7.875     13.875           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35232651        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
34038331        3        1        7.375     13.375            0                                                       None
4000179465      3        1        6.875     12.875           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34996173        3        1         5.75      11.75           36                         min (2% prepaid, 60 days interest)
34958793        0        0            0          0           36                              6 mo.s interest less 20% obal
34984997        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
34932228        3        1         7.75      13.75           12                              6 mo.s interest less 20% obal
35135607        0        0            0          0            0                                                       None
34852665        3        1          7.5       13.5           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34989574        3        1        5.875     11.875           36                         min (2% prepaid, 60 days interest)
34415158        3        1          7.5       13.5           36                              6 mo.s interest less 20% obal
4000171911      3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
4000161297      3        1        7.125     13.125           12                              6 mo.s interest less 20% obal
35227297        3        1            7         13           24                              6 mo.s interest less 20% obal
4000157662      3        1        6.999     12.999            0                                                       None
35090109        3        1         7.25      13.25           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35007392        3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
34888313        3        1        8.375     14.375           24                              6 mo.s interest less 20% obal
35103613        3        1         7.25      13.25           36                              6 mo.s interest less 20% obal
34866301        3        1        8.625     14.625            0                                                       None
34551069        3        1          6.5       12.5            0                                                       None
34973479        3        1        8.625     14.625           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34551762        0        0            0          0           36                              6 mo.s interest less 20% obal
35208636        3        1        7.875     13.875           24                              6 mo.s interest less 20% obal
35032671        3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
4000155254      3        1         6.25      12.25           36                              6 mo.s interest less 20% obal
34989327        3        1        8.375     14.375           36                         min (2% prepaid, 60 days interest)
4000145522      3        1        5.999         12           36                              6 mo.s interest less 20% obal
35024199        3        1            6         12            0                                                       None
35038439        1        1         5.99      11.99           24                              6 mo.s interest less 20% obal
35123173        3        1        6.375     12.375           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34793067        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
4000162389      3        1          6.5       12.5           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35182492        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
35122084        3        1        7.875     13.875           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35146646        3        1        6.375     12.375            0                                                       None
34933796        0        0            0          0           36                              6 mo.s interest less 20% obal
35063684        3        1         7.99      13.99            0                                                       None
34760652        0        0            0          0           36    2 times interest on amt prepaid in excess of 1/3rd obal
34976993        0        0            0          0           36                                                 1% prepaid
35191592        3        1         6.99      12.99           24                              6 mo.s interest less 20% obal
4000171771      3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
35150366        0        0            0          0           24                              6 mo.s interest less 20% obal
35186188        3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
34419192        3        1            6         12           24                              6 mo.s interest less 20% obal
4000151949      0        0            0          0           36                              6 mo.s interest less 20% obal
35209295        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
4000177053      3        1         6.75      12.75           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000174308      3        1        5.875     11.875           36                              6 mo.s interest less 20% obal
34961474        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
4000164865      3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
4000154552      3        1         6.25      12.25           36                              6 mo.s interest less 20% obal
35017441        3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
35203058        3        1         5.99      11.99           24                              6 mo.s interest less 20% obal
35262526        3        1         5.25      11.25           36                              6 mo.s interest less 20% obal
34999441        3        1         6.25      12.25           36                         min (2% prepaid, 60 days interest)
34730945        3        1            7         13           24                              6 mo.s interest less 20% obal
34801357        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
4000174871      3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
34934968        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
4000172222      3        1         8.25      14.25           24                              3%/2%/1%-1st yr/2nd yr/3rd yr

<CAPTION>
                                              PAYMENT
              FIRST RATE      RATE RESET       RESET                                  MI
  LOANID      RESET DATE       FREQUENCY     FREQUENCY  PURPOSE   DIV  IO    IOTERM  FLAG
-----------------------------------------------------------------------------------------
<S>           <C>                  <C>            <C>  <C>         <C>  <C>    <C>    <C>
35267095        9/1/2009           6              6    Purchase    N    Y      60     N
35125236        9/1/2006           6              6    C/O Refi    N    N       0     N
34757690        8/1/2006           6              6    Purchase    N    Y      60     N
33632746        7/1/2006           6              6    C/O Refi    N    Y      60     N
4000171512      9/1/2006           6              6    R/T Refi    N    N       0     N
35153774        9/1/2009           6              6    Purchase    N    Y      60     N
34962654        9/1/2007           6              6    C/O Refi    N    N       0     Y
34995472        9/1/2006           6              6    C/O Refi    N    N       0     N
4000152336      8/1/2009           6              6    C/O Refi    N    Y      60     N
34378430        8/1/2006           6              6    C/O Refi    N    N       0     N
35106178        9/1/2006           6              6    Purchase    N    N       0     N
34901363        9/1/2007           6              6    C/O Refi    N    N       0     N
35146448      00/00/0000           0              0    C/O Refi    N    N       0     Y
34971820        9/1/2007           6              6    Purchase    N    N       0     Y
4000167967      9/1/2006           6              6    C/O Refi    N    Y      60     N
4000172260      9/1/2007           6              6    Purchase    N    Y      60     N
33172727        6/1/2006           6              6    C/O Refi    N    N       0     Y
34793521        8/1/2007           6              6    Purchase    N    Y      60     Y
34933176      00/00/0000           0              0    Purchase    N    N       0     N
34718007        9/1/2009           6              6    Purchase    N    Y      60     N
35147321        8/1/2006           6              6    Purchase    N    N       0     N
4000176944     10/1/2007           6              6    Purchase    N    Y      60     N
34925560        8/1/2006           6              6    Purchase    N    Y      60     N
4000165833      9/1/2006           6              6    Purchase    N    Y      60     N
34867630        9/1/2006           6              6    Purchase    N    Y      60     N
34655712      00/00/0000           0              0    Purchase    N    N       0     N
34953778        8/1/2006           6              6    C/O Refi    N    N       0     N
35265784        9/1/2006           6              6    C/O Refi    N    Y      60     N
34996074        9/1/2006           6              6    Purchase    N    N       0     Y
35153717        3/1/2005           6              6    Purchase    N    Y      60     N
34918870        9/1/2007           6              6    Purchase    N    Y      60     N
34930149        8/1/2009           6              6    R/T Refi    N    N       0     N
4000163537      9/1/2006           6              6    Purchase    N    Y      60     N
34652578        9/1/2006           6              6    Purchase    N    Y      60     N
34860296        9/1/2009           6              6    C/O Refi    N    N       0     N
35145903        9/1/2006           6              6    Purchase    N    N       0     N
35202522        9/1/2009           6              6    Purchase    N    Y      60     N
34761783        9/1/2009           6              6    Purchase    N    Y      60     N
35077130        9/1/2006           6              6    R/T Refi    N    N       0     N
35077304        9/1/2006           6              6    R/T Refi    N    N       0     N
35160795      00/00/0000           0              0    C/O Refi    N    N       0     Y
4000175766      9/1/2006           6              6    Purchase    N    N       0     N
34994509        9/1/2006           6              6    C/O Refi    N    N       0     N
4000164698      9/1/2006           6              6    C/O Refi    N    N       0     Y
35232651        9/1/2006           6              6    C/O Refi    N    N       0     N
34038331        9/1/2006           6              6    C/O Refi    N    N       0     N
4000179465      9/1/2006           6              6    Purchase    N    N       0     Y
34996173        9/1/2006           6              6    Purchase    N    Y      60     N
34958793      00/00/0000           0              0    C/O Refi    N    N       0     N
34984997        9/1/2006           6              6    C/O Refi    N    N       0     N
34932228        9/1/2006           6              6    Purchase    N    Y      60     N
35135607      00/00/0000           0              0    Purchase    N    N       0     Y
34852665        9/1/2006           6              6    Purchase    N    N       0     Y
34989574        9/1/2006           6              6    Purchase    N    Y      60     N
34415158        9/1/2007           6              6    C/O Refi    N    Y      60     N
4000171911      9/1/2006           6              6    Purchase    N    Y      60     N
4000161297      8/1/2006           6              6    R/T Refi    N    N       0     N
35227297        9/1/2006           6              6    C/O Refi    N    Y      60     N
4000157662      8/1/2006           6              6    Purchase    N    Y      60     Y
35090109        9/1/2006           6              6    Purchase    N    Y      60     N
35007392        9/1/2009           6              6    Purchase    N    Y      60     N
34888313        8/1/2009           6              6    R/T Refi    N    N       0     N
35103613        9/1/2009           6              6    Purchase    N    Y      60     Y
34866301        9/1/2007           6              6    Purchase    N    N       0     Y
34551069        8/1/2006           6              6    C/O Refi    N    N       0     N
34973479        9/1/2006           6              6    C/O Refi    N    Y      60     N
34551762      00/00/0000           0              0    R/T Refi    N    N       0     N
35208636        9/1/2006           6              6    C/O Refi    N    Y      60     N
35032671        9/1/2006           6              6    Purchase    N    Y      60     Y
4000155254      9/1/2007           6              6    Purchase    N    Y      60     N
34989327        8/1/2006           6              6    C/O Refi    N    N       0     Y
4000145522      8/1/2007           6              6    Purchase    N    Y      60     N
35024199        8/1/2006           6              6    Purchase    N    N       0     N
35038439        3/1/2005           6              6    C/O Refi    N    Y      60     N
35123173        9/1/2006           6              6    C/O Refi    N    N       0     N
34793067        8/1/2006           6              6    Purchase    N    Y      60     N
4000162389      8/1/2006           6              6    R/T Refi    N    N       0     Y
35182492        9/1/2006           6              6    Purchase    N    Y      60     N
35122084        9/1/2007           6              6    Purchase    N    N       0     N
35146646        9/1/2007           6              6    Purchase    N    Y      60     N
34933796      00/00/0000           0              0    Purchase    N    N       0     N
35063684        8/1/2007           6              6    R/T Refi    N    N       0     Y
34760652      00/00/0000           0              0    R/T Refi    N    N       0     N
34976993      00/00/0000           0              0    C/O Refi    N    N       0     N
35191592        9/1/2006           6              6    Purchase    N    Y      60     N
4000171771      9/1/2006           6              6    C/O Refi    N    Y      60     N
35150366      00/00/0000           0              0    C/O Refi    N    N       0     N
35186188        9/1/2006           6              6    Purchase    N    Y      60     N
34419192        8/1/2006           6              6    Purchase    N    Y      60     N
4000151949    00/00/0000           0              0    Purchase    N    N       0     N
35209295        9/1/2006           6              6    C/O Refi    N    Y      60     N
4000177053      9/1/2006           6              6    Purchase    N    N       0     N
4000174308      9/1/2007           6              6    C/O Refi    N    Y      60     N
34961474        9/1/2006           6              6    Purchase    N    Y      60     N
4000164865      8/1/2006           6              6    Purchase    N    N       0     N
4000154552      7/1/2007           6              6    Purchase    N    Y      60     N
35017441        9/1/2006           6              6    C/O Refi    N    N       0     Y
35203058        8/1/2006           6              6    Purchase    N    Y      60     N
35262526        9/1/2006           6              6    Purchase    N    Y      60     N
34999441        9/1/2006           6              6    Purchase    N    Y      60     N
34730945        8/1/2006           6              6    Purchase    N    N       0     Y
34801357        9/1/2006           6              6    C/O Refi    N    N       0     Y
4000174871      9/1/2009           6              6    Purchase    N    Y      60     N
34934968        9/1/2009           6              6    Purchase    N    N       0     N
4000172222      9/1/2006           6              6    C/O Refi    N    N       0     Y
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
                                                          PROPERTY                    ORIGINAL ORIGINATION  FIRST PAY   MATURITY
  LOANID              CITY                 ZIP    STATE     TYPE       OCCUPANCY        TERM      DATE        DATE        DATE
--------------------------------------------------------------------------------------------------------------------------------
<S>           <C>                         <C>       <C>   <C>        <C>                <C>     <C>         <C>         <C>
34849414      CHICAGO                     60640     IL    Condo >4   Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
34993279      TREMPEALEAU                 54661     WI       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
34990929      MINNEAPOLIS                 55418     MN       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
4000168109    BOCA RATON                  33428     FL      Condo    Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
4000178450    WARWICK                      2886     RI       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34650937      COLUMBIA                    65202     MO    Units 2-4  Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
35283993      MANHEIM                     17545     PA       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
4000173739    SOMERVILLE                   4348     ME       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34699033      PALM BAY                    32909     FL       SFR     Owner Occupied     180     7/28/2004    9/1/2004   8/1/2019
34296012      CARMICHAEL                  95608     CA       SFR     Owner Occupied     360     7/15/2004    9/1/2004   8/1/2034
35016161      HIGHLANDS RANCH             80130     CO       PUD     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34965376      CINCINNATI                  45239     OH       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35363027      NAMPA                       83686     ID       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
4000177163    CATHEDRAL CITY              92234     CA       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
33017047      INDIANAPOLIS                46203     IN       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
4000171858    CASTRO VALLEY               94546     CA       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
35362623      RIVERTON                    84065     UT       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
34930255      PORTLAND                    97233     OR       PUD     Owner Occupied     360     7/27/2004    9/1/2004   8/1/2034
34616250      CASSOPOLIS                  49031     MI       SFR     Owner Occupied     360     7/26/2004    9/1/2004   8/1/2034
34758383      FREDERICK                   21703     MD       PUD     Investor           360     8/20/2004   10/1/2004   9/1/2034
35202878      EL CAJON                    92020     CA       SFR     Owner Occupied     360     7/27/2004    9/1/2004   8/1/2034
34867085      EVANS                       14006     NY       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
4000168924    REDFORD                     48240     MI       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
4000167497    WEST HILLS AREA             91307     CA       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
34847202      CHICAGO                     60647     IL       SFR     Owner Occupied     360     7/28/2004   10/1/2004   9/1/2034
34380279      NORTH BERGEN                 7047     NJ       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
35262351      BEAUMONT                    92223     CA       PUD     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
4000171221    MIAMI SPRINGS               33166     FL       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34705848      COLTON                      92324     CA       SFR     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
35158534      NEWNAN                      30263     GA       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000165891    STOCKTON                    95209     CA       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
35030527      PALMDALE                    93551     CA       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
34692731      DEERFIELD BEACH             33441     FL       SFR     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
4000169870    PATERSON                     7503     NJ       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
34854083      VILLA PARK                  60181     IL       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
4000157425    INKSTER                     48141     MI       SFR     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
34373928      PALMYRA                      8065     NJ       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35017581      PINE                        80470     CO       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34379891      READING                     19601     PA       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
35268358      THERMAL AREA                92274     CA       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
35110667      AUSTIN                      78723     TX       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
34738880      NAMPA                       83686     ID       PUD     Investor           360     7/29/2004    9/1/2004   8/1/2034
35069301      GREENSBORO                  27410     NC      Condo    Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
34653725      BEAVER DAM                  53916     WI       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
35076348      COLUMBIA                    29229     SC       PUD     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35145127      NORCROSS                    30071     GA       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
34666255      SAN JOSE                    95112     CA      Condo    Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
33937202      AKRON                       44310     OH       SFR     Owner Occupied     360     7/16/2004    9/1/2004   8/1/2034
34764407      WILLARD                     44890     OH       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34655829      MILWAUKEE                   53210     WI    Units 2-4  Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35268234      CALIMESA                    92320     CA       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
4000174614    RIO VISTA                   94571     CA       PUD     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
34653600      EAGAN                       55123     MN       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35080969      MYRTLE BEACH                29579     SC       PUD     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34526137      KANSAS CITY                 66103     KS       SFR     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
35342112      HUNTINGTOWN                 20639     MD       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
4000174742    LANSING                     48911     MI       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
35362482      SANDY                       84070     UT       SFR     Owner Occupied     240     8/17/2004   10/1/2004   9/1/2024
34801159      HEMET                       92544     CA       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000163615    YOUNGSTOWN                  44511     OH       SFR     Investor           360      8/3/2004   10/1/2004   9/1/2034
34504092      FARMERSVILLE                45325     OH       SFR     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
35125780      SIKESTON                    63801     MO       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
4000167248    OAKLEY                      94561     CA       PUD     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
34859686      OVERLAND PARK               66214     KS       SFR     Investor           360     8/17/2004   10/1/2004   9/1/2034
34827030      LEDYARD                      6335     CT       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
33831827      SAN BERNARDINO              92405     CA       SFR     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
34706796      LOS BANOS                   93635     CA       SFR     Owner Occupied     360     7/22/2004    9/1/2004   8/1/2034
35195668      COMMERCE                    90040     CA       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34721944      VICTORVILLE                 92392     CA       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
35302884      HENDERSON                   89012     NV       PUD     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
35010065      DENVER                      80221     CO       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35011121      LOVELAND                    80538     CO       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
34699876      DORAL                       33178     FL       PUD     Owner Occupied     360      8/2/2004    9/1/2004   8/1/2034
34961052      ORANGE                      92868     CA       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35033729      PALMDALE                    93550     CA       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35284223      HOPATCONG                    7843     NJ       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
4000172094    STATEN ISLAND               10303     NY       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
4000172866    SANGER                      93657     CA       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
34712844      SAN BERNARDINO              92405     CA       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
34714055      HIGHLAND                    92346     CA       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
34949073      SAN DIEGO                   92117     CA      Condo    Owner Occupied     360     7/15/2004    9/1/2004   8/1/2034
34953315      PERRIS                      92571     CA       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34663906      LANCASTER                   93535     CA       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
35033166      DOWNEY                      90240     CA       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
35189042      PERRIS                      92571     CA       PUD     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
34787945      WINCHESTER                  92596     CA       PUD     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
4000172898    WEST HOLLYWOOD              90069     CA      Condo    Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
4000171784    HIALEAH                     33012     FL      Condo    Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34379875      LAWRENCEVILLE                8648     NJ       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
4000162622    RICHMOND                    94803     CA       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
4000169770    BRENTWOOD                   94513     CA       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
34250043      ORLANDO                     32819     FL       PUD     Owner Occupied     360     5/20/2004    7/1/2004   6/1/2034
4000157760    PAWLING                     12531     NY       SFR     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
33559329      CHULA VISTA                 91913     CA      Condo    Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
35107283      BELTON                      76513     TX       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34916585      MARIETTA                    30062     GA       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
35079466      MONROE                      28110     NC       PUD     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
35151257      DOUGLASVILLE                30134     GA       PUD     Owner Occupied     360      8/5/2004    9/1/2004   8/1/2034
4000170739    FULTONDALE                  35068     AL       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34941633      HILLSBORO                   97124     OR       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
35112820      AUSTIN                      78758     TX       PUD     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
4000167669    GREENVILLE                  48838     MI       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
34977462      CINCINNATI                  45238     OH       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
34527531      COLWICH                     67030     KS       PUD     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000165462    ROCKVILLE                   20852     MD      Condo    Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034

<CAPTION>
                                                                                      ORIGINAL
                                                                                      COMBAINED
              REMAINING     ORIGINAL   SCHEDULED                       PAID THRU       LOAN TO      OTS
  LOANID        TERM        BALANCE     BALANCE      RATE      P&I        DATE          VALUE   DELINQUENCY INDEX       MARGIN
------------------------------------------------------------------------------------------------------------------------------
<S>              <C>      <C>         <C>           <C>     <C>        <C>              <C>        <C>       <C>        <C>
34849414         359      180,000.00  180,000.00    5.625     843.75   11/1/2004           80      0-29      6ML        3.375
34993279         359      139,900.00  139,782.46    6.875     919.05   10/1/2004        79.99      0-29      6ML        5.375
34990929         359      201,352.00  201,220.02    8.125   1,495.04   10/1/2004        81.52      0-29      FIX            0
4000168109       359      110,000.00  109,924.30    7.875     797.58   10/1/2004           80      0-29      6ML         5.75
4000178450       359      152,000.00  151,900.57    8.125   1,128.60   10/1/2004           80      0-29      6ML        4.375
34650937         359      158,400.00  158,260.24    6.625   1,014.26   10/1/2004           80      0-29      6ML          4.5
35283993         359       80,000.00   79,952.76    8.625     622.24   10/1/2004          100      0-29      FIX            0
4000173739       359       95,000.00   94,934.62    7.875     688.82   10/1/2004          100      0-29      FIX            0
34699033         178       92,000.00   91,483.66    8.375     899.24    9/1/2004        79.31      0-29      FIX            0
34296012         358      329,600.00  329,600.00      6.5   1,785.33    9/1/2004           80      0-29      6ML        4.375
35016161         359      258,000.00  257,749.24    6.125   1,567.64   10/1/2004        83.23      0-29      6ML        4.625
34965376         359      100,300.00  100,237.65    8.375     762.36   10/1/2004           85      0-29      6ML        6.375
35363027         359      168,000.00  168,000.00      6.5        910   10/1/2004           80      0-29      6ML        4.625
4000177163       359      225,000.00  225,000.00     7.25   1,359.37   10/1/2004           75      0-29      6ML         4.25
33017047         359       70,550.00   70,513.42     9.25      580.4   10/1/2004           85      0-29      6ML         7.25
4000171858       359      440,000.00  440,000.00    5.625   2,062.50   10/1/2004           80      0-29      6ML        3.625
35362623         359      193,500.00  193,500.00        8   1,290.00   10/1/2004           90      0-29      6ML        6.625
34930255         358       82,400.00   82,400.00     7.25     497.83   10/1/2004           80      0-29      6ML        4.875
34616250         358       55,250.00   55,171.68     7.75     395.82    9/1/2004           85      0-29      FIX            0
34758383         359      140,000.00  140,000.00    6.875     802.08   10/1/2004        63.64      0-29      6ML        3.875
35202878         358      304,000.00  304,000.00     5.99   1,517.47    9/1/2004           80      0-29      6ML        4.125
34867085         359       49,820.00   49,787.40    8.125     369.92   10/1/2004          100      0-29      6ML         6.75
4000168924       359      124,950.00  124,864.01    7.875     905.97   10/1/2004         91.2      0-29      6ML          6.5
4000167497       359      396,000.00  396,000.00    7.625   2,516.25   10/1/2004           80      0-29      6ML         5.75
34847202         359      118,000.00  117,885.30    6.125     716.99   10/1/2004        62.11      0-29      6ML         3.25
34380279         359      180,000.00  179,876.12    7.875   1,305.13   10/1/2004        59.21      0-29      6ML        5.375
35262351         359      209,500.00  209,373.08      8.5   1,610.88   10/1/2004          100      0-29      6ML        5.625
4000171221       359      269,600.00  269,600.00      6.5   1,460.33   10/1/2004           80      0-29      6ML        4.625
34705848         358      138,500.00  138,198.63      6.5     875.42    9/1/2004        74.86      0-29      6ML         4.25
35158534         359      139,920.00  139,920.00    5.375     626.73   10/1/2004           80      0-29      6ML         4.25
4000165891       359      271,700.00  271,547.68    8.875   2,161.77   10/1/2004           95      0-29      6ML        5.375
35030527         359      272,000.00  272,000.00      6.5   1,473.33   10/1/2004           80      0-29      6ML        3.875
34692731         358      115,000.00  114,849.03    8.125     853.88   10/1/2004        70.12      0-29      6ML        4.875
4000169870       359      193,000.00  192,803.23    5.875   1,141.67   10/1/2004        72.83      0-29      6ML        3.875
34854083         359      195,500.00  195,362.01     7.75   1,400.59   10/1/2004           85      0-29      6ML          6.5
4000157425       358       99,000.00   98,859.79     7.75     709.25    9/1/2004           90      0-29      6ML            6
34373928         359      138,000.00  137,900.12    7.625     976.76   10/1/2004           69      0-29      FIX            0
35017581         359      216,500.00  216,500.00    7.125   1,285.47   10/1/2004          100      0-29      6ML          5.5
34379891         359      130,500.00  130,428.71        9   1,050.04   10/1/2004           90      0-29      6ML            7
35268358         359      165,600.00  165,600.00    8.125   1,121.25   10/1/2004           90      0-29      6ML        6.375
35110667         359      100,000.00   99,921.99     7.25     682.18   10/1/2004           80      0-29      6ML            5
34738880         358       95,300.00   95,139.40    6.875     626.06   10/1/2004        89.99      0-29      6ML        4.625
35069301         359       61,600.00   61,600.00    5.875     301.58   10/1/2004           80      0-29      6ML            4
34653725         359       42,000.00   41,970.35     7.75      300.9   10/1/2004        44.21      0-29      6ML          5.5
35076348         359       73,600.00   73,600.00    6.625     406.33   10/1/2004           80      0-29      6ML          4.5
35145127         359       45,000.00   44,960.30    6.625     288.14   10/1/2004        44.12      0-29      6ML          4.5
34666255         359      389,550.00  389,550.00    5.875   1,907.17   10/1/2004           80      0-29      6ML         4.25
33937202         358       65,800.00   65,702.01      7.5     460.09   10/1/2004        84.36      0-29      6ML         4.25
34764407         359      121,500.00  121,422.52     8.25     912.79   10/1/2004           90      0-29      6ML         7.25
34655829         359      185,000.00  184,840.72     6.75   1,199.91   10/1/2004        72.27      0-29      6ML        5.125
35268234         359      240,000.00  239,793.36     6.75   1,556.64   10/1/2004        78.69      0-29      6ML        4.875
4000174614       359      245,000.00  245,000.00     7.75   1,582.29   10/1/2004        69.01      0-29      6ML        4.875
34653600         359      221,000.00  220,847.90    7.875   1,602.41   10/1/2004        76.21      0-29      6ML            6
35080969         359      106,300.00  106,300.00        7     620.08   10/1/2004        79.98      0-29      6ML        4.625
34526137         358       67,500.00   67,422.03     8.75     531.03    9/1/2004           90      0-29      6ML            7
35342112         359      154,000.00  153,906.70      8.5   1,184.13   10/1/2004          100      0-29      FIX            0
4000174742       359       97,750.00   97,689.24    8.375     742.97   10/1/2004           85      0-29      6ML         7.25
35362482         239      154,000.00  153,721.88      7.5   1,240.62   10/1/2004        92.87      0-29      FIX            0
34801159         359      285,900.00  285,900.00    6.375   1,518.84   10/1/2004        64.98      0-29      6ML        3.875
4000163615       359       32,400.00   32,378.26        8     237.74   10/1/2004           80      0-29      6ML         4.25
34504092         359       51,000.00   50,967.48     8.25     383.15   10/1/2004        76.12      0-29      6ML        5.875
35125780         359       91,200.00   91,143.31    8.375     693.19   10/1/2004           80      0-29      6ML         6.25
4000167248       359      294,750.00  294,749.48     6.25   1,535.16   10/1/2004        86.69      0-29      6ML         4.75
34859686         359       77,000.00   77,000.00      8.5     545.42   10/1/2004        89.95      0-29      6ML         5.25
34827030         359      239,000.00  238,866.00    8.875   1,901.60   10/1/2004          100      0-29      6ML            7
33831827         359      192,000.00  192,000.00    6.125        980   10/1/2004           80      0-29      6ML        3.875
34706796         358      236,000.00  235,572.13      6.5   1,491.69    9/1/2004        89.06      0-29      6ML        5.125
35195668         359      232,000.00  232,000.00      5.5   1,063.33   10/1/2004           80      0-29      6ML        3.625
34721944         359      180,000.00  180,000.00      7.5   1,125.00   10/1/2004           90      0-29      6ML         5.75
35302884         359      253,600.00  253,600.00    5.625   1,188.75   10/1/2004           80      0-29      6ML         3.75
35010065         359      180,500.00  180,500.00     6.99   1,051.41   10/1/2004           95      0-29      6ML          5.5
35011121         359      208,000.00  208,000.00     6.75   1,170.00   10/1/2004           80      0-29      6ML        4.125
34699876         358      301,500.00  301,500.00        7   1,758.75   10/1/2004           90      0-29      6ML          5.5
34961052         359      400,000.00  399,717.68     7.75   2,865.65   10/1/2004        85.84      0-29      FIX            0
35033729         359      170,000.00  169,846.31      6.5   1,074.52   10/1/2004        66.93      0-29      6ML        4.375
35284223         359      184,800.00  184,800.00     7.75   1,193.50   10/1/2004           80      0-29      6ML         5.25
4000172094       359      274,500.00  274,263.66     6.75   1,780.40   10/1/2004           90      0-29      FIX            0
4000172866       359      145,000.00  144,905.15    8.125   1,076.62   10/1/2004          100      0-29      6ML            5
34712844         359      181,600.00  181,600.00    6.125     926.92   10/1/2004           80      0-29      6ML          4.5
34714055         359      325,500.00  325,191.15     6.25   2,004.16   10/1/2004           93      0-29      FIX            0
34949073         358      316,000.00  316,000.00     6.99   1,840.70    9/1/2004           80      0-29      6ML            4
34953315         359      263,450.00  263,264.06     7.75   1,887.39   10/1/2004           85      0-29      6ML         6.25
34663906         359      180,000.00  179,878.97     7.99   1,319.53   10/1/2004           80      0-29      6ML          6.5
35033166         359      400,000.00  400,000.00    6.125   2,041.67   10/1/2004           80      0-29      6ML         3.75
35189042         359      232,550.00  232,550.00     6.25   1,211.20   10/1/2004           80      0-29      6ML        4.375
34787945         359      366,653.00  366,653.00     7.99   2,441.30   10/1/2004          100      0-29      6ML        5.625
4000172898       359      230,000.00  229,776.46    6.125   1,397.50   10/1/2004        54.12      0-29      6ML            4
4000171784       359      133,000.00  132,901.29      7.5     929.96   10/1/2004           95      0-29      6ML        5.875
34379875         359       85,000.00   84,923.66    8.375     646.07   10/1/2004        56.67      0-29      6ML        4.875
4000162622       359      576,000.00  576,000.00      6.5   3,120.00   10/1/2004           90      0-29      6ML        4.875
4000169770       359      382,850.00  382,528.36    6.875   2,515.05   10/1/2004           95      0-29      6ML        5.625
34250043         356      359,900.00  359,900.00     5.75   1,724.52    9/1/2004           80      0-29      6ML            4
4000157760       358      451,800.00  450,960.67    6.375   2,818.64   10/1/2004        89.91      0-29      6ML          4.5
33559329         359      234,900.00  234,900.00     5.75   1,125.56   11/1/2004        79.99      0-29      6ML          3.5
35107283         359      180,000.00  179,863.03    7.375   1,243.22   10/1/2004           80      0-29      FIX            0
34916585         359      174,250.00  174,117.40    7.375   1,203.51   10/1/2004           85      0-29      6ML        6.125
35079466         359      147,400.00  147,400.00     8.25   1,013.38   10/1/2004        89.99      0-29      6ML         6.25
35151257         358       88,118.00   88,118.00    6.125     449.77    9/1/2004           80      0-29      6ML        4.125
4000170739       359       72,000.00   72,000.00     7.25        435   10/1/2004           80      0-29      6ML        4.375
34941633         359      148,000.00  148,000.00    6.125     755.42   10/1/2004           80      0-29      6ML          3.5
35112820         359      169,200.00  169,057.85    6.875   1,111.53   10/1/2004           90      0-29      6ML          4.5
4000167669       359       99,000.00   98,941.55    8.625     770.01   10/1/2004           90      0-29      FIX            0
34977462         359      151,000.00  150,875.98     6.99   1,003.60   10/1/2004          100      0-29      6ML        5.625
34527531         359      144,000.00  144,000.00    5.625        675   10/1/2004           80      0-29      6ML         3.75
4000165462       359      193,500.00  193,500.00    7.125   1,148.91   10/1/2004           90      0-29      6ML        5.125

<CAPTION>
             INITIAL  PERIODIC                           PREPAYMENT
  LOANID       CAP      CAP       FLOOR    CEILING          TERM                                PREPAYMENT PENALTY
--------------------------------------------------------------------------------------------------------------------------
<S>             <C>      <C>      <C>       <C>              <C>                        <C>
34849414        3        1        5.625     11.625           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34993279        3        1        6.875     12.875           36                              6 mo.s interest less 20% obal
34990929        0        0            0          0           36                         min (2% prepaid, 60 days interest)
4000168109      3        1        7.875     13.875           24                              6 mo.s interest less 20% obal
4000178450      3        1        8.125     14.125           24                              6 mo.s interest less 20% obal
34650937        3        1        6.625     12.625           24                                                 2% prepaid
35283993        0        0            0          0           36                              6 mo.s interest less 20% obal
4000173739      0        0            0          0            0                                                       None
34699033        0        0            0          0           36                              6 mo.s interest less 20% obal
34296012        3        1          6.5       12.5           36                              6 mo.s interest less 20% obal
35016161        3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
34965376        3        1        8.375     14.375           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35363027        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
4000177163      3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
33017047        3        1         9.25      15.25           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000171858      3        1        5.625     11.625           24                              6 mo.s interest less 20% obal
35362623        3        1            8         14           24                              6 mo.s interest less 20% obal
34930255        3        1         7.25      13.25           12                              6 mo.s interest less 20% obal
34616250        0        0            0          0           36                                                 1% prepaid
34758383        1        1        6.875     12.875           24                              6 mo.s interest less 20% obal
35202878        3        1         5.99      11.99           24                              6 mo.s interest less 20% obal
34867085        3        1        8.125     14.125            0                                                       None
4000168924      3        1        7.875     13.875           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000167497      3        1        7.625     13.625           24                              6 mo.s interest less 20% obal
34847202        3        1        6.125     12.125            0                                                       None
34380279        3        1        7.875     13.875            0                                                       None
35262351        3        1          8.5       14.5           24                              6 mo.s interest less 20% obal
4000171221      3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
34705848        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
35158534        3        1        5.375     11.375            0                                                       None
4000165891      3        1        8.875     14.875           24                              6 mo.s interest less 20% obal
35030527        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
34692731        3        1        8.125     14.125           24                              6 mo.s interest less 20% obal
4000169870      3        1        5.875     11.875            0                                                       None
34854083        3        1         7.75      13.75           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000157425      3        1         7.75      13.75           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34373928        0        0            0          0            0                                                       None
35017581        3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
34379891        3        1            9         15           24                              6 mo.s interest less 20% obal
35268358        3        1        8.125     14.125           24                              6 mo.s interest less 20% obal
35110667        3        1         7.25      13.25            0                                                       None
34738880        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
35069301        1        1        5.875     11.875            0                                                       None
34653725        3        1         7.75      13.75           24                              6 mo.s interest less 20% obal
35076348        3        1        6.625     12.625            0                                                       None
35145127        3        1        6.625     12.625            0                                                       None
34666255        3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
33937202        3        1          7.5       13.5           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34764407        3        1         8.25      14.25           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34655829        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
35268234        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
4000174614      3        1         7.75      13.75           24                              6 mo.s interest less 20% obal
34653600        3        1        7.875     13.875           24                         min (2% prepaid, 60 days interest)
35080969        3        1            7         13            0                                                       None
34526137        3        1         8.75      14.75           24                              6 mo.s interest less 20% obal
35342112        0        0            0          0            0                                                       None
4000174742      3        1        8.375     14.375           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35362482        0        0            0          0           36                              6 mo.s interest less 20% obal
34801159        3        1        6.375     12.375           36                              6 mo.s interest less 20% obal
4000163615      3        1            8         14            0                                                       None
34504092        3        1         8.25      14.25           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35125780        3        1        8.375     14.375           24                                                 2% prepaid
4000167248      3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
34859686        3        1          8.5       14.5           12                              6 mo.s interest less 20% obal
34827030        3        1        8.875     14.875           24                              6 mo.s interest less 20% obal
33831827        3        1        6.125     12.125           36                              6 mo.s interest less 20% obal
34706796        3        1          6.5       12.5           36                              6 mo.s interest less 20% obal
35195668        3        1          5.5       11.5           24                              6 mo.s interest less 20% obal
34721944        3        1          7.5       13.5           36                              6 mo.s interest less 20% obal
35302884        3        1        5.625     11.625           24                              6 mo.s interest less 20% obal
35010065        3        1         6.99      12.99           24                              6 mo.s interest less 20% obal
35011121        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
34699876        3        1            7         13           24                              6 mo.s interest less 20% obal
34961052        0        0            0          0           36                              6 mo.s interest less 20% obal
35033729        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
35284223        3        1         7.75      13.75            0                                                       None
4000172094      0        0            0          0            0                                                       None
4000172866      3        1        8.125     14.125           24                              6 mo.s interest less 20% obal
34712844        3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
34714055        0        0            0          0           36                              6 mo.s interest less 20% obal
34949073        3        1         6.99      12.99           12                              6 mo.s interest less 20% obal
34953315        3        1         7.75      13.75           24                              6 mo.s interest less 20% obal
34663906        3        1         7.99      13.99           36                              6 mo.s interest less 20% obal
35033166        3        1        6.125     12.125           36                              6 mo.s interest less 20% obal
35189042        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
34787945        3        1         7.99      13.99           24                              6 mo.s interest less 20% obal
4000172898      3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
4000171784      3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
34379875        3        1        8.375     14.375            0                                                       None
4000162622      3        1          6.5       12.5           12                              6 mo.s interest less 20% obal
4000169770      3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
34250043        3        1         5.75      11.75           36                              6 mo.s interest less 20% obal
4000157760      3        1        6.375     12.375            0                                                       None
33559329        3        1         5.75      11.75           24                              6 mo.s interest less 20% obal
35107283        0        0            0          0            0                                                       None
34916585        3        1        7.375     13.375            0                                                       None
35079466        3        1         8.25      14.25            0                                                       None
35151257        3        1        6.125     12.125            0                                                       None
4000170739      3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
34941633        3        1        6.125     12.125           36                              6 mo.s interest less 20% obal
35112820        3        1        6.875     12.875           36                              6 mo.s interest less 20% obal
4000167669      0        0            0          0           36                                                 1% prepaid
34977462        3        1         6.99      12.99           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34527531        3        1        5.625     11.625           24                              6 mo.s interest less 20% obal
4000165462      3        1        7.125     13.125           12                              6 mo.s interest less 20% obal

<CAPTION>
                                              PAYMENT
              FIRST RATE      RATE RESET       RESET                                  MI
  LOANID      RESET DATE       FREQUENCY     FREQUENCY  PURPOSE   DIV  IO    IOTERM  FLAG
-----------------------------------------------------------------------------------------
<S>           <C>                  <C>            <C>  <C>         <C>  <C>    <C>    <C>
34849414        9/1/2006           6              6    Purchase    N    Y      60     N
34993279        9/1/2006           6              6    Purchase    N    N       0     N
34990929      00/00/0000           0              0    R/T Refi    N    N       0     N
4000168109      9/1/2006           6              6    R/T Refi    N    N       0     N
4000178450      9/1/2006           6              6    C/O Refi    N    N       0     N
34650937        9/1/2006           6              6    Purchase    N    N       0     N
35283993      00/00/0000           0              0    Purchase    N    N       0     N
4000173739    00/00/0000           0              0    Purchase    N    N       0     N
34699033      00/00/0000           0              0    C/O Refi    N    N       0     N
34296012        8/1/2009           6              6    Purchase    N    Y      60     N
35016161        9/1/2006           6              6    C/O Refi    N    N       0     N
34965376        9/1/2007           6              6    R/T Refi    N    N       0     N
35363027        9/1/2006           6              6    Purchase    N    Y      60     N
4000177163      9/1/2009           6              6    C/O Refi    N    Y      60     N
33017047        9/1/2006           6              6    C/O Refi    N    N       0     Y
4000171858      9/1/2006           6              6    Purchase    N    Y      60     N
35362623        9/1/2006           6              6    C/O Refi    N    Y      60     N
34930255        8/1/2006           6              6    Purchase    N    Y      60     N
34616250      00/00/0000           0              0    C/O Refi    N    N       0     N
34758383        3/1/2005           6              6    C/O Refi    N    Y      60     N
35202878        8/1/2006           6              6    Purchase    N    Y      60     N
34867085        9/1/2006           6              6    Purchase    N    N       0     N
4000168924      9/1/2006           6              6    C/O Refi    N    N       0     Y
4000167497      9/1/2006           6              6    Purchase    N    Y      60     N
34847202        9/1/2006           6              6    C/O Refi    N    N       0     N
34380279        9/1/2007           6              6    C/O Refi    N    N       0     N
35262351        9/1/2006           6              6    Purchase    N    N       0     N
4000171221      9/1/2006           6              6    Purchase    N    Y      60     N
34705848        8/1/2006           6              6    C/O Refi    N    N       0     N
35158534        9/1/2007           6              6    Purchase    N    Y      60     N
4000165891      9/1/2006           6              6    Purchase    N    N       0     Y
35030527        9/1/2009           6              6    C/O Refi    N    Y      60     N
34692731        8/1/2006           6              6    C/O Refi    N    N       0     N
4000169870      9/1/2006           6              6    R/T Refi    N    N       0     N
34854083        9/1/2006           6              6    C/O Refi    N    N       0     Y
4000157425      8/1/2006           6              6    Purchase    N    N       0     Y
34373928      00/00/0000           0              0    C/O Refi    N    N       0     N
35017581        9/1/2006           6              6    Purchase    N    Y      60     N
34379891        9/1/2006           6              6    C/O Refi    N    N       0     Y
35268358        9/1/2006           6              6    Purchase    N    Y      60     N
35110667        9/1/2007           6              6    C/O Refi    N    N       0     N
34738880        8/1/2006           6              6    Purchase    N    N       0     Y
35069301        3/1/2005           6              6    Purchase    N    Y      60     N
34653725        9/1/2006           6              6    C/O Refi    N    N       0     N
35076348        9/1/2006           6              6    Purchase    N    Y      60     N
35145127        9/1/2006           6              6    C/O Refi    N    N       0     N
34666255        9/1/2006           6              6    Purchase    N    Y      60     N
33937202        8/1/2006           6              6    C/O Refi    N    N       0     Y
34764407        9/1/2006           6              6    C/O Refi    N    N       0     N
34655829        9/1/2006           6              6    C/O Refi    N    N       0     N
35268234        9/1/2006           6              6    C/O Refi    N    N       0     N
4000174614      9/1/2009           6              6    R/T Refi    N    Y      60     N
34653600        9/1/2006           6              6    C/O Refi    N    N       0     N
35080969        9/1/2009           6              6    Purchase    N    Y      60     N
34526137        8/1/2006           6              6    C/O Refi    N    N       0     Y
35342112      00/00/0000           0              0    Purchase    N    N       0     Y
4000174742      9/1/2006           6              6    C/O Refi    N    N       0     Y
35362482      00/00/0000           0              0    R/T Refi    N    N       0     Y
34801159        9/1/2007           6              6    C/O Refi    N    Y      60     N
4000163615      9/1/2006           6              6    Purchase    N    N       0     N
34504092        9/1/2006           6              6    R/T Refi    N    N       0     N
35125780        9/1/2006           6              6    Purchase    N    N       0     N
4000167248      9/1/2006           6              6    C/O Refi    N    Y      60     Y
34859686        9/1/2006           6              6    Purchase    N    Y      60     Y
34827030        9/1/2006           6              6    Purchase    N    N       0     N
33831827        9/1/2009           6              6    Purchase    N    Y      60     N
34706796        8/1/2007           6              6    C/O Refi    N    N       0     Y
35195668        9/1/2006           6              6    Purchase    N    Y      60     N
34721944        9/1/2007           6              6    Purchase    N    Y      60     N
35302884        9/1/2006           6              6    Purchase    N    Y      60     N
35010065        9/1/2006           6              6    C/O Refi    N    Y      60     Y
35011121        9/1/2009           6              6    C/O Refi    N    Y      60     N
34699876        8/1/2006           6              6    Purchase    N    Y      60     N
34961052      00/00/0000           0              0    C/O Refi    N    N       0     N
35033729        9/1/2006           6              6    C/O Refi    N    N       0     N
35284223        9/1/2009           6              6    C/O Refi    N    Y      60     N
4000172094    00/00/0000           0              0    Purchase    N    N       0     Y
4000172866      9/1/2006           6              6    Purchase    N    N       0     N
34712844        9/1/2006           6              6    Purchase    N    Y      60     N
34714055      00/00/0000           0              0    Purchase    N    N       0     Y
34949073        8/1/2009           6              6    Purchase    N    Y      60     N
34953315        9/1/2006           6              6    Purchase    N    N       0     Y
34663906        9/1/2007           6              6    C/O Refi    N    N       0     N
35033166        9/1/2009           6              6    Purchase    N    Y      60     N
35189042        9/1/2006           6              6    Purchase    N    Y      60     N
34787945        9/1/2006           6              6    Purchase    N    Y      60     N
4000172898      9/1/2006           6              6    R/T Refi    N    N       0     N
4000171784      9/1/2006           6              6    Purchase    N    N       0     Y
34379875        9/1/2009           6              6    C/O Refi    N    N       0     N
4000162622      9/1/2006           6              6    Purchase    N    Y      60     N
4000169770      9/1/2006           6              6    R/T Refi    N    N       0     Y
34250043        6/1/2009           6              6    Purchase    N    Y      60     N
4000157760      8/1/2009           6              6    Purchase    N    N       0     Y
33559329        9/1/2006           6              6    Purchase    N    Y      60     N
35107283      00/00/0000           0              0    C/O Refi    N    N       0     N
34916585        9/1/2007           6              6    C/O Refi    N    N       0     Y
35079466        9/1/2007           6              6    Purchase    N    Y      60     N
35151257        8/1/2007           6              6    Purchase    N    Y      60     N
4000170739      9/1/2009           6              6    C/O Refi    N    Y      60     N
34941633        9/1/2009           6              6    Purchase    N    Y      60     N
35112820        9/1/2007           6              6    Purchase    N    N       0     Y
4000167669    00/00/0000           0              0    R/T Refi    N    N       0     N
34977462        9/1/2006           6              6    C/O Refi    N    N       0     N
34527531        9/1/2006           6              6    C/O Refi    N    Y      60     N
4000165462      9/1/2006           6              6    Purchase    N    Y      60     Y
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
                                                          PROPERTY                    ORIGINAL ORIGINATION  FIRST PAY   MATURITY
  LOANID              CITY                 ZIP    STATE     TYPE       OCCUPANCY        TERM      DATE        DATE        DATE
--------------------------------------------------------------------------------------------------------------------------------
<S>           <C>                         <C>       <C>   <C>        <C>                <C>     <C>         <C>         <C>
4000165475    ROCKVILLE                   20851     MD      Condo    Investor           360      8/5/2004   10/1/2004   9/1/2034
4000164046    CONCORD                     44077     OH       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34965020      OAK HILL                    25901     WV       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34927160      SALEM                       97302     OR       SFR     Owner Occupied     360     7/15/2004    9/1/2004   8/1/2034
35076785      MATTHEWS                    28104     NC       PUD     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
33934969      CLINTON                     44216     OH       SFR     Owner Occupied     360      7/1/2004    8/1/2004   7/1/2034
34699835      SUNRISE                     33323     FL       SFR     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
35011725      DENVER                      80204     CO       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35243468      ALVIN                       77511     TX       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
34932400      MEDFORD                     97504     OR       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
35128040      CHICAGO                     60641     IL       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34901322      JACKSONVILLE                32225     FL       PUD     Owner Occupied     360      8/5/2004    9/1/2004   8/1/2034
34858373      CROWN POINT                 46307     IN    Units 2-4  Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
34859603      CHICAGO                     60639     IL       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
33621939      ORLANDO                     32835     FL      Condo    Investor           360     8/19/2004   10/1/2004   9/1/2034
33621947      ORLANDO                     32835     FL      Condo    Investor           360     8/19/2004   10/1/2004   9/1/2034
4000162280    MONTEREY                    93940     CA       SFR     Owner Occupied     360     7/23/2004    9/1/2004   8/1/2034
34602961      LAURA                       61451     IL       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34015321      HOUSTON                     77082     TX       PUD     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
4000173849    DETROIT                     48209     MI    Units 2-4  Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34867846      PEEKSKILL                   10566     NY      Condo    Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
34381962      STATEN ISLAND               10302     NY    Units 2-4  Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
4000167483    PACIFICA                    94044     CA       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
4000152625    RANCHO CORDOVA              95670     CA       PUD     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
34526541      LEES SUMMIT                 64086     MO       SFR     Owner Occupied     360      8/3/2004    9/1/2004   8/1/2034
35205525      TEMECULA                    92592     CA       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
4000165384    GRANTS PASS                 97526     OR       SFR     Owner Occupied     360     7/27/2004    9/1/2004   8/1/2034
4000166923    UNION CITY                  94587     CA       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
33019209      AVON                        46123     IN       PUD     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
35157619      CARROLLTON                  30116     GA       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
35222421      SARASOTA                    34232     FL       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
4000173915    WHITMAN                      2382     MA      Condo    Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
34659359      PACIFIC                     63069     MO       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35112184      RICHARDSON                  75080     TX       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34525345      KANSAS CITY                 64157     MO       PUD     Owner Occupied     360      8/5/2004    9/1/2004   8/1/2034
4000173412    POMPANO BEACH               33068     FL       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34900423      DEBARY                      32713     FL       SFR     Owner Occupied     360      8/5/2004    9/1/2004   8/1/2034
34862490      CORAM                       11727     NY       SFR     Owner Occupied     360     7/27/2004    9/1/2004   8/1/2034
35323583      PORTLAND                    97220     OR       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
35011071      THORNTON                    80229     CO       PUD     Owner Occupied     360      8/4/2004    9/1/2004   8/1/2034
35129972      ELGIN                       60123     IL       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35131044      MAYWOOD                     60153     IL    Units 2-4  Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
4000171280    MADISON HEIGHTS             48071     MI       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35343169      BALTIMORE                   21224     MD       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
4000175452    CENTERVILLE                  2632     MA       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35187483      RANCHO CUCAMONGA            91701     CA       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
34832154      FALL RIVER                   2720     MA       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
35147453      POWDER SPRINGS              30127     GA       PUD     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
35009026      CASTLE ROCK                 80104     CO       SFR     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
4000174506    HIALEAH                     33015     FL       PUD     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35226844      JACKSONVILLE                32210     FL       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
34756726      CHARLESTON                  25303     WV       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
34933945      FOREST GROVE                97116     OR       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
4000167011    LAS VEGAS                   89110     NV       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
35284165      GLOUCESTER CITY              8030     NJ       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34794545      LOS ANGELES                 90041     CA       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
4000167839    EMMETT                      48022     MI       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
34751107      LEVITTOWN                   19057     PA       SFR     Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
4000172676    HARBOR CITY AREA            90710     CA       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
4000153652    TRENTON                     45067     OH       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34911974      ATLANTA                     30310     GA       SFR     Investor           360      8/4/2004   10/1/2004   9/1/2034
35109263      AUSTIN                      78731     TX       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
34966275      COLUMBUS                    43206     OH    Units 2-4  Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
35077684      APEX                        27502     NC       PUD     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
35196195      RIVERSIDE AREA              92567     CA       SFR     Investor           360     8/20/2004   10/1/2004   9/1/2034
4000170030    PARLIER                     93648     CA       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
35362904      ROY                         84067     UT       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34734723      BRIGHAM CITY                84302     UT       PUD     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
34834887      WORCESTER                    1606     MA       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
4000168226    SAN LUIS OBISPO             93401     CA       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
34758938      FREDERICK                   21702     MD       SFR     Owner Occupied     360      8/3/2004    9/1/2004   8/1/2034
34381194      SPRING GROVE                17362     PA       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
34004556      BAY CITY                    77414     TX       PUD     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35184266      SAN BERNARDINO              92405     CA       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
35207828      OCEANSIDE                   92056     CA       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
4000151230    STOCKTON                    95206     CA       SFR     Investor           360     7/20/2004    9/1/2004   8/1/2034
4000159885    PORT JEFFERSON              11777     NY       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
34553990      GEORGETOWN                  78628     TX       PUD     Owner Occupied     360     7/15/2004    9/1/2004   8/1/2034
35194380      MADERA                      93638     CA       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35156850      NASHVILLE                   37214     TN      Condo    Owner Occupied     180     8/19/2004   10/1/2004   9/1/2019
34933630      PORTLAND                    97202     OR       SFR     Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
35126390      ROCKFORD                    61109     IL       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
33777814      WEST HAVERSTRAW             10993     NY       SFR     Owner Occupied     360     5/14/2004    7/1/2004   6/1/2034
35285436      CLARION                     16214     PA       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34528901      BARTLESVILLE                74003     OK       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34998773      EDEN PRAIRIE                55344     MN      Condo    Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
35248046      CABOT                       72023     AR       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
35188655      SAN DIEGO                   92122     CA      Condo    Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
34375378      GLEN RIDGE                   7028     NJ    Units 2-4  Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
34992222      EAGAN                       55122     MN       SFR     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
34902965      ATLANTA                     30310     GA       SFR     Owner Occupied     360     7/26/2004    9/1/2004   8/1/2034
34991364      ISANTI                      55040     MN       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000165785    NORTHRIDGE                  91324     CA       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
34234641      PHOENIX                     85037     AZ       PUD     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
34644609      MILWAUKEE                   53221     WI      Condo    Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
34527812      OMAHA                       68164     NE       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35342096      BEL AIR                     21014     MD      Condo    Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34996017      PRESCOTT                    54021     WI       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
34857201      CHICAGO                     60631     IL      Condo    Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
34557751      DALLAS                      75248     TX       SFR     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
34843656      BUFFALO GROVE               60089     IL       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
35029206      RIVERSIDE                   92509     CA       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
35203504      MURRIETA                    92563     CA       SFR     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
34896977      CORAL SPRINGS               33065     FL       SFR     Owner Occupied     360     7/27/2004    9/1/2004   8/1/2034
4000174034    BAKERSFIELD                 93311     CA       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034

<CAPTION>
                                                                                      ORIGINAL
                                                                                      COMBAINED
              REMAINING     ORIGINAL   SCHEDULED                       PAID THRU       LOAN TO      OTS
  LOANID        TERM        BALANCE     BALANCE      RATE      P&I        DATE          VALUE   DELINQUENCY INDEX       MARGIN
------------------------------------------------------------------------------------------------------------------------------
<S>              <C>      <C>         <C>           <C>     <C>        <C>              <C>        <C>       <C>        <C>
4000165475       359      160,000.00  160,000.00    6.125     816.67   10/1/2004        78.05      0-29      6ML          3.5
4000164046       359      123,250.00  123,163.01     7.75     882.98   10/1/2004           85      0-29      6ML         4.25
34965020         359       55,000.00   55,000.00    7.875     360.94   10/1/2004          100      0-29      6ML            7
34927160         358      285,000.00  284,542.82    7.125   1,920.10    9/1/2004           95      0-29      6ML        5.375
35076785         359      145,650.00  145,650.00    5.625     682.73   10/1/2004        79.98      0-29      6ML          3.5
33934969         357       85,000.00   84,870.21    9.375     706.99    8/1/2004           85      0-29      6ML        7.875
34699835         358      153,750.00  153,466.55    8.125   1,141.59    9/1/2004           75      0-29      6ML        5.875
35011725         359      163,400.00  163,400.00     6.25     851.04   10/1/2004           95      0-29      6ML            5
35243468         359       74,400.00   74,275.98    7.625      526.6   10/1/2004           80      0-29      6ML        5.625
34932400         359      214,000.00  213,863.53     8.25   1,607.72   10/1/2004        81.68      0-29      6ML        6.375
35128040         359      402,500.00  402,500.00    7.375   2,473.70   10/1/2004           70      0-29      6ML         4.25
34901322         358      112,000.00  111,969.67      6.5     606.67    9/1/2004           80      0-29      6ML        4.375
34858373         359       85,000.00   84,936.91      7.5     594.34   10/1/2004        57.43      0-29      6ML        4.875
34859603         359      237,500.00  237,305.32        7   1,580.10   10/1/2004           95      0-29      FIX            0
33621939         359      166,950.00  166,950.00    7.625   1,060.83   10/1/2004        89.99      0-29      6ML          4.5
33621947         359      159,900.00  159,900.00    7.625   1,016.03   10/1/2004           90      0-29      6ML          4.5
4000162280       358      291,750.00  291,747.97     5.75   1,397.97    9/1/2004        33.34      0-29      6ML          3.5
34602961         359       69,150.00   69,096.05     7.25     471.73   10/1/2004        87.53      0-29      6ML        5.875
34015321         359      112,550.00  112,457.55     6.99     748.05   10/1/2004        94.98      0-29      6ML        5.625
4000173849       359       45,300.00   45,267.21    7.625     320.63   10/1/2004        94.97      0-29      6ML          6.5
34867846         359      267,900.00  267,900.00     6.75   1,506.94   10/1/2004           95      0-29      6ML        5.125
34381962         359      377,050.00  376,692.20     6.25   2,321.57   10/1/2004           95      0-29      6ML         5.25
4000167483       359      544,000.00  543,564.97    7.125   3,665.03   10/1/2004        79.07      0-29      6ML         4.75
4000152625       359      220,000.00  220,000.00    5.875   1,077.08   10/1/2004           80      0-29      6ML            4
34526541         358       96,800.00   96,632.83     6.75     627.85    9/1/2004           80      0-29      FIX            0
35205525         359      305,000.00  305,000.00    7.625   1,938.02   10/1/2004        84.75      0-29      6ML            6
4000165384       358      200,000.00  199,646.12    6.625   1,280.62    9/1/2004        53.33      0-29      6ML        0.625
4000166923       359      544,000.00  543,508.22      6.5   3,438.45   10/1/2004           80      0-29      FIX            0
33019209         359      102,400.00  102,300.47    6.125      622.2   10/1/2004         89.9      0-29      6ML          4.5
35157619         359      108,000.00  107,925.67    7.875     783.08   10/1/2004           90      0-29      6ML        5.875
35222421         359      144,000.00  144,000.00      5.5        660   10/1/2004           80      0-29      6ML        4.125
4000173915       359      221,350.00  221,154.71    6.625   1,417.33   10/1/2004           95      0-29      6ML            5
34659359         359       74,800.00   74,756.96     8.75     588.46   10/1/2004           85      0-29      6ML        6.875
35112184         359      249,600.00  249,400.39    7.125   1,681.61   10/1/2004           80      0-29      6ML          5.5
34525345         358      180,832.00  180,563.13    8.125   1,342.68   10/1/2004           95      0-29      6ML         5.75
4000173412       359      191,200.00  191,058.10      7.5   1,336.90   10/1/2004           80      0-29      6ML        5.375
34900423         358      158,400.00  158,126.47     6.75   1,027.38    9/1/2004           80      0-29      FIX            0
34862490         358      266,000.00  265,613.72    7.625   1,882.74   10/1/2004           70      0-29      6ML        5.375
35323583         359      168,000.00  168,000.00     5.25        735   10/1/2004           80      0-29      6ML        3.375
35011071         358      148,800.00  148,799.60    6.125      759.5    9/1/2004           80      0-29      6ML        4.125
35129972         359      211,000.00  210,794.92    6.125   1,282.06   10/1/2004        73.78      0-29      6ML        4.125
35131044         359      178,500.00  178,380.23        8   1,309.77   10/1/2004        81.14      0-29      FIX            0
4000171280       359       84,550.00   84,491.81    7.875     613.05   10/1/2004           95      0-29      6ML        5.625
35343169         359       75,000.00   75,000.00    7.625     476.56   10/1/2004          100      0-29      FIX            0
4000175452       359      271,000.00  271,000.00     7.75   1,750.21   10/1/2004        93.45      0-29      6ML        6.125
35187483         359      792,000.00  792,000.00    5.625   3,712.50   10/1/2004           80      0-29      6ML        3.375
34832154         359      182,400.00  182,214.03    5.875   1,078.97   10/1/2004           80      0-29      6ML          4.5
35147453         359      225,000.00  224,852.82    8.125   1,670.62   10/1/2004        92.78      0-29      6ML         6.75
35009026         358      236,000.00  235,572.13      6.5   1,491.69    9/1/2004        83.99      0-29      6ML         4.75
4000174506       359      178,500.00  178,500.00     7.25   1,078.44   10/1/2004           85      0-29      6ML         5.75
35226844         359       80,000.00   79,940.62      7.5     559.38   10/1/2004           80      0-29      6ML        5.375
34756726         359       76,600.00   76,600.00    6.875     438.85   10/1/2004           80      0-29      6ML        4.875
34933945         359      136,000.00  136,000.00     6.75        765   10/1/2004           80      0-29      6ML         4.25
4000167011       359      401,000.00  401,000.00    5.875   1,963.23   10/1/2004        72.91      0-29      6ML          3.5
35284165         359       95,000.00   94,931.24    7.625     672.41   10/1/2004           95      0-29      6ML        6.375
34794545         359      404,000.00  404,000.00     5.99   2,016.63   10/1/2004           80      0-29      6ML        4.125
4000167839       359      237,500.00  237,305.29    6.999   1,579.93   10/1/2004           95      0-29      6ML         5.75
34751107         358      148,700.00  148,430.41      6.5     939.89    9/1/2004        85.46      0-29      6ML        5.125
4000172676       359      348,000.00  348,000.00    6.375   1,848.75   10/1/2004           80      0-29      6ML         4.25
4000153652       359       91,200.00   91,200.00      6.5        494   10/1/2004           80      0-29      6ML        3.875
34911974         359      100,000.00  100,000.00     7.25     604.17   10/1/2004        77.82      0-29      6ML         4.25
35109263         359      218,800.00  218,597.35    6.375   1,365.03   10/1/2004        69.02      0-29      6ML         4.25
34966275         359       93,000.00   92,930.98      7.5     650.27   10/1/2004          100      0-29      FIX            0
35077684         359      141,400.00  141,400.00        7     824.83   10/1/2004        79.98      0-29      6ML        4.875
35196195         359      236,000.00  236,000.00     5.99   1,178.03   10/1/2004           80      0-29      6ML        4.125
4000170030       359       96,800.00   96,800.00     6.25     504.17   10/1/2004           80      0-29      6ML        4.125
35362904         359      248,000.00  247,796.31     6.99   1,648.29   10/1/2004        97.25      0-29      6ML        5.625
34734723         359       57,350.00   57,350.00    6.625     316.62   10/1/2004        79.99      0-29      6ML        4.625
34834887         359      337,850.00  337,850.00      7.5   2,111.56   10/1/2004           95      0-29      6ML        6.125
4000168226       359      750,000.00  750,000.00    6.375   3,984.38   10/1/2004        68.18      0-29      6ML        3.375
34758938         358      212,300.00  212,300.00      6.5   1,149.96    9/1/2004        79.99      0-29      6ML        4.625
34381194         359      269,000.00  268,800.36      7.5   1,880.89   10/1/2004        84.86      0-29      6ML         6.25
34004556         359       83,600.00   83,534.78     7.25      570.3   10/1/2004           95      0-29      FIX            0
35184266         359      126,400.00  126,400.00    6.875     724.17   10/1/2004           80      0-29      6ML        4.375
35207828         359      348,000.00  348,000.00     6.25   1,812.50   10/1/2004           80      0-29      6ML          4.5
4000151230       358      243,000.00  242,619.73     7.25   1,657.69    9/1/2004           90      0-29      6ML        4.875
4000159885       359      490,000.00  489,671.22        8   3,595.45   10/1/2004          100      0-29      FIX            0
34553990         358      299,200.00  299,200.00    6.125   1,527.17   10/1/2004           80      0-29      6ML        4.375
35194380         359      169,150.00  169,021.29    7.375   1,168.28   10/1/2004           85      0-29      6ML            6
35156850         179       55,000.00   54,835.70    7.625     513.78   10/1/2004        69.62      0-29      FIX            0
34933630         358      192,600.00  192,600.00    8.125   1,304.06   10/1/2004           90      0-29      6ML        6.375
35126390         359       47,100.00   47,066.75     7.75     337.44   10/1/2004        79.97      0-29      6ML        5.875
33777814         356      243,750.00  242,212.59    6.125   1,481.06   10/1/2004           65      0-29      FIX            0
35285436         359       80,550.00   80,494.56    7.875     584.05   10/1/2004           90      0-29      6ML         6.25
34528901         359      251,750.00  251,543.64        7   1,674.90   10/1/2004           95      0-29      6ML          5.5
34998773         359      287,250.00  287,250.00    7.125   1,705.55   10/1/2004        99.98      0-29      6ML         5.25
35248046         359      115,000.00  114,918.83     7.75     823.88   10/1/2004        76.67      0-29      FIX            0
35188655         359      403,750.00  403,284.22     6.99   2,683.45   10/1/2004           95      0-29      6ML          5.5
34375378         359      438,400.00  437,953.02    5.875   2,593.31   10/1/2004           80      0-29      6ML        3.875
34992222         358      193,500.00  193,173.93    6.875   1,271.16    9/1/2004           90      0-29      6ML          5.5
34902965         358      299,250.00  299,250.00    7.375   1,839.14    9/1/2004           95      0-29      6ML        5.875
34991364         359      144,500.00  144,500.00    9.125   1,098.80   10/1/2004           85      0-29      6ML            7
4000165785       359      499,500.00  499,500.00    7.625   3,173.91   10/1/2004           90      0-29      6ML            6
34234641         359      108,000.00  108,000.00      6.5        585   10/1/2004        75.79      0-29      6ML        4.375
34644609         359       85,500.00   85,500.00        8        570   10/1/2004           90      0-29      6ML        6.375
34527812         359       88,500.00   88,449.08     8.75     696.23   10/1/2004         64.6      0-29      6ML            6
35342096         359      152,000.00  151,898.00        8   1,115.33   10/1/2004           95      0-29      6ML        5.375
34996017         359      149,150.00  149,150.00    6.125     761.29   10/1/2004        79.98      0-29      6ML         4.25
34857201         359      135,000.00  134,889.34        7     898.16   10/1/2004           75      0-29      6ML        4.875
34557751         359      200,000.00  199,843.97     7.25   1,364.36   10/1/2004           80      0-29      FIX            0
34843656         359      380,000.00  379,672.82     6.75   2,464.68   10/1/2004           95      0-29      FIX            0
35029206         359      240,000.00  240,000.00     4.99        998   10/1/2004           80      0-29      6ML          3.5
35203504         358      328,000.00  328,000.00      5.5   1,503.33   10/1/2004           80      0-29      6ML          3.5
34896977         358      187,000.00  186,721.55      7.5   1,307.54   10/1/2004        77.92      0-29      6ML        5.375
4000174034       359      198,000.00  198,000.00     6.75   1,113.75   10/1/2004           90      0-29      6ML        5.125

<CAPTION>
             INITIAL  PERIODIC                           PREPAYMENT
  LOANID       CAP      CAP       FLOOR    CEILING          TERM                                PREPAYMENT PENALTY
--------------------------------------------------------------------------------------------------------------------------
<S>             <C>      <C>      <C>       <C>              <C>                        <C>
4000165475      3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
4000164046      3        1         7.75      13.75           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34965020        3        1        7.875     13.875            0                                                       None
34927160        3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
35076785        3        1        5.625     11.625            0                                                       None
33934969        3        1        9.375     15.375           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34699835        3        1        8.125     14.125           36                              6 mo.s interest less 20% obal
35011725        1        1         6.25      12.25           24                              6 mo.s interest less 20% obal
35243468        3        1        7.625     13.625            0                                                       None
34932400        3        1         8.25      14.25           24                              6 mo.s interest less 20% obal
35128040        3        1        7.375     13.375            0                                                       None
34901322        3        1          6.5       12.5           36                              6 mo.s interest less 20% obal
34858373        3        1          7.5       13.5           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34859603        0        0            0          0            0                                                       None
33621939        3        1        7.625     13.625            0                                                       None
33621947        3        1        7.625     13.625            0                                                       None
4000162280      3        1         5.75      11.75           24                              6 mo.s interest less 20% obal
34602961        3        1         7.25      13.25           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34015321        3        1         6.99      12.99           24                              6 mo.s interest less 20% obal
4000173849      3        1        7.625     13.625           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34867846        3        1         6.75      12.75            0                                                       None
34381962        3        1         6.25      12.25            0                                                       None
4000167483      3        1        7.125     13.125           12                              6 mo.s interest less 20% obal
4000152625      3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
34526541        0        0            0          0           36                                                 2% prepaid
35205525        3        1        7.625     13.625           24                              6 mo.s interest less 20% obal
4000165384      3        1        6.625     12.625           36                              6 mo.s interest less 20% obal
4000166923      0        0            0          0           36                              6 mo.s interest less 20% obal
33019209        3        1        6.125     12.125           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35157619        3        1        7.875     13.875            0                                                       None
35222421        1        1          5.5       11.5           24                              6 mo.s interest less 20% obal
4000173915      3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
34659359        3        1         8.75      14.75           24                                                 2% prepaid
35112184        3        1        7.125     13.125            0                                                       None
34525345        3        1        8.125     14.125           24                                                 2% prepaid
4000173412      3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
34900423        0        0            0          0           36                              6 mo.s interest less 20% obal
34862490        3        1        7.625     13.625            0                                                       None
35323583        3        1         5.25      11.25           24                              6 mo.s interest less 20% obal
35011071        3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
35129972        3        1        6.125     12.125           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35131044        0        0            0          0            0                                                       None
4000171280      3        1        7.875     13.875           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35343169        0        0            0          0            0                                                       None
4000175452      3        1         7.75      13.75           24                              6 mo.s interest less 20% obal
35187483        3        1        5.625     11.625           24                              6 mo.s interest less 20% obal
34832154        3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
35147453        3        1        8.125     14.125            0                                                       None
35009026        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
4000174506      3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
35226844        3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
34756726        3        1        6.875     12.875            0                                                       None
34933945        3        1         6.75      12.75           36                              6 mo.s interest less 20% obal
4000167011      3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
35284165        3        1        7.625     13.625            0                                                       None
34794545        3        1         5.99      11.99           36                              6 mo.s interest less 20% obal
4000167839      3        1        6.999     12.999           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34751107        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
4000172676      3        1        6.375     12.375           36                              6 mo.s interest less 20% obal
4000153652      3        1          6.5       12.5           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34911974        3        1         7.25      13.25            0                                                       None
35109263        3        1        6.375     12.375            0                                                       None
34966275        0        0            0          0           36                                                 1% prepaid
35077684        3        1            7         13            0                                                       None
35196195        1        1         5.99      11.99           24                              6 mo.s interest less 20% obal
4000170030      3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
35362904        3        1         6.99      12.99           36                              6 mo.s interest less 20% obal
34734723        3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
34834887        3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
4000168226      3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
34758938        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
34381194        3        1          7.5       13.5           36                              6 mo.s interest less 20% obal
34004556        0        0            0          0           36                              6 mo.s interest less 20% obal
35184266        3        1        6.875     12.875           36                              6 mo.s interest less 20% obal
35207828        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
4000151230      3        1         7.25      13.25           12                              6 mo.s interest less 20% obal
4000159885      0        0            0          0            0                                                       None
34553990        3        1        6.125     12.125           36                              6 mo.s interest less 20% obal
35194380        3        1        7.375     13.375           24                              6 mo.s interest less 20% obal
35156850        0        0            0          0           36                              6 mo.s interest less 20% obal
34933630        3        1        8.125     14.125           24                              6 mo.s interest less 20% obal
35126390        3        1         7.75      13.75           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
33777814        0        0            0          0           12                              6 mo.s interest less 20% obal
35285436        3        1        7.875     13.875           24                              6 mo.s interest less 20% obal
34528901        3        1            7         13           24                              6 mo.s interest less 20% obal
34998773        3        1        7.125     13.125           24                         min (2% prepaid, 60 days interest)
35248046        0        0            0          0           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35188655        3        1         6.99      12.99           36                              6 mo.s interest less 20% obal
34375378        3        1        5.875     11.875            0                                                       None
34992222        3        1        6.875     12.875           36                         min (2% prepaid, 60 days interest)
34902965        3        1        7.375     13.375            0                                                       None
34991364        3        1        9.125     15.125           24                         min (2% prepaid, 60 days interest)
4000165785      3        1        7.625     13.625           36                              6 mo.s interest less 20% obal
34234641        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
34644609        3        1            8         14           24                              6 mo.s interest less 20% obal
34527812        3        1         8.75      14.75           24                              6 mo.s interest less 20% obal
35342096        3        1            8         14           24                              6 mo.s interest less 20% obal
34996017        3        1        6.125     12.125           36                              6 mo.s interest less 20% obal
34857201        3        1            7         13           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34557751        0        0            0          0            0                                                       None
34843656        0        0            0          0            0                                                       None
35029206        1        1         4.99      10.99           36                              6 mo.s interest less 20% obal
35203504        3        1          5.5       11.5           24                              6 mo.s interest less 20% obal
34896977        3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
4000174034      3        1         6.75      12.75           36                              6 mo.s interest less 20% obal

<CAPTION>
                                              PAYMENT
              FIRST RATE      RATE RESET       RESET                                  MI
  LOANID      RESET DATE       FREQUENCY     FREQUENCY  PURPOSE   DIV  IO    IOTERM  FLAG
-----------------------------------------------------------------------------------------
<S>           <C>                  <C>            <C>  <C>         <C>  <C>    <C>    <C>
4000165475      9/1/2006           6              6    C/O Refi    N    Y      60     N
4000164046      9/1/2006           6              6    Purchase    N    N       0     Y
34965020        9/1/2006           6              6    Purchase    N    Y      60     N
34927160        8/1/2009           6              6    C/O Refi    N    N       0     N
35076785        9/1/2007           6              6    Purchase    N    Y      60     N
33934969        7/1/2006           6              6    C/O Refi    N    N       0     Y
34699835        8/1/2007           6              6    C/O Refi    N    N       0     N
35011725        3/1/2005           6              6    C/O Refi    N    Y      60     N
35243468        9/1/2006           6              6    C/O Refi    N    N       0     N
34932400        9/1/2006           6              6    C/O Refi    N    N       0     N
35128040        9/1/2006           6              6    C/O Refi    N    Y      60     N
34901322        8/1/2007           6              6    Purchase    N    Y      60     N
34858373        9/1/2006           6              6    Purchase    N    N       0     N
34859603      00/00/0000           0              0    C/O Refi    N    N       0     N
33621939        9/1/2006           6              6    Purchase    N    Y      60     Y
33621947        9/1/2006           6              6    Purchase    N    Y      60     Y
4000162280      8/1/2006           6              6    C/O Refi    N    Y      60     N
34602961        9/1/2006           6              6    C/O Refi    N    N       0     N
34015321        9/1/2006           6              6    Purchase    N    N       0     N
4000173849      9/1/2006           6              6    Purchase    N    N       0     Y
34867846        9/1/2007           6              6    Purchase    N    Y      60     Y
34381962        9/1/2007           6              6    Purchase    N    N       0     Y
4000167483      9/1/2006           6              6    C/O Refi    N    N       0     N
4000152625      9/1/2006           6              6    Purchase    N    Y      60     N
34526541      00/00/0000           0              0    Purchase    N    N       0     N
35205525        9/1/2006           6              6    Purchase    N    Y      60     N
4000165384      8/1/2007           6              6    Purchase    N    N       0     N
4000166923    00/00/0000           0              0    Purchase    N    N       0     N
33019209        9/1/2006           6              6    Purchase    N    N       0     Y
35157619        9/1/2006           6              6    C/O Refi    N    N       0     Y
35222421        3/1/2005           6              6    Purchase    N    Y      60     N
4000173915      9/1/2007           6              6    Purchase    N    N       0     Y
34659359        9/1/2006           6              6    C/O Refi    N    N       0     Y
35112184        9/1/2006           6              6    C/O Refi    N    N       0     N
34525345        8/1/2006           6              6    Purchase    N    N       0     Y
4000173412      9/1/2006           6              6    C/O Refi    N    N       0     N
34900423      00/00/0000           0              0    Purchase    N    N       0     N
34862490        8/1/2007           6              6    C/O Refi    N    N       0     N
35323583        9/1/2006           6              6    Purchase    N    Y      60     N
35011071        8/1/2006           6              6    Purchase    N    Y      60     N
35129972        9/1/2006           6              6    C/O Refi    N    N       0     N
35131044      00/00/0000           0              0    C/O Refi    N    N       0     Y
4000171280      9/1/2006           6              6    Purchase    N    N       0     Y
35343169      00/00/0000           0              0    Purchase    N    Y      60     N
4000175452      9/1/2006           6              6    C/O Refi    N    Y      60     Y
35187483        9/1/2006           6              6    Purchase    N    Y      60     N
34832154        9/1/2006           6              6    Purchase    N    N       0     N
35147453        9/1/2006           6              6    R/T Refi    N    N       0     N
35009026        8/1/2006           6              6    C/O Refi    N    N       0     N
4000174506      9/1/2006           6              6    Purchase    N    Y      60     N
35226844        9/1/2006           6              6    C/O Refi    N    N       0     N
34756726        9/1/2007           6              6    Purchase    N    Y      60     N
34933945        9/1/2009           6              6    Purchase    N    Y      60     N
4000167011      9/1/2009           6              6    C/O Refi    N    Y      60     N
35284165        9/1/2006           6              6    Purchase    N    N       0     Y
34794545        9/1/2007           6              6    Purchase    N    Y      60     N
4000167839      9/1/2006           6              6    C/O Refi    N    N       0     Y
34751107        8/1/2006           6              6    C/O Refi    N    N       0     N
4000172676      9/1/2009           6              6    Purchase    N    Y      60     N
4000153652      9/1/2009           6              6    Purchase    N    Y      60     N
34911974        9/1/2007           6              6    C/O Refi    N    Y      60     N
35109263        9/1/2007           6              6    C/O Refi    N    N       0     N
34966275      00/00/0000           0              0    Purchase    N    N       0     Y
35077684        9/1/2007           6              6    Purchase    N    Y      60     N
35196195        3/1/2005           6              6    Purchase    N    Y      60     N
4000170030      9/1/2006           6              6    Purchase    N    Y      60     N
35362904        9/1/2007           6              6    R/T Refi    N    N       0     N
34734723        9/1/2006           6              6    Purchase    N    Y      60     N
34834887        9/1/2006           6              6    Purchase    N    Y      60     Y
4000168226      9/1/2006           6              6    C/O Refi    N    Y      60     N
34758938        8/1/2006           6              6    Purchase    N    Y      60     N
34381194        9/1/2007           6              6    C/O Refi    N    N       0     N
34004556      00/00/0000           0              0    Purchase    N    N       0     Y
35184266        9/1/2009           6              6    Purchase    N    Y      60     N
35207828        9/1/2006           6              6    Purchase    N    Y      60     N
4000151230      8/1/2006           6              6    Purchase    N    N       0     Y
4000159885    00/00/0000           0              0    Purchase    N    N       0     N
34553990        8/1/2007           6              6    Purchase    N    Y      60     N
35194380        9/1/2006           6              6    C/O Refi    N    N       0     N
35156850      00/00/0000           0              0    C/O Refi    N    N       0     N
34933630        8/1/2006           6              6    Purchase    N    Y      60     N
35126390        9/1/2006           6              6    Purchase    N    N       0     N
33777814      00/00/0000           0              0    C/O Refi    N    N       0     N
35285436        9/1/2006           6              6    Purchase    N    N       0     Y
34528901        9/1/2006           6              6    Purchase    N    N       0     N
34998773        9/1/2006           6              6    Purchase    N    Y      60     N
35248046      00/00/0000           0              0    C/O Refi    N    N       0     N
35188655        9/1/2007           6              6    Purchase    N    N       0     Y
34375378        9/1/2007           6              6    Purchase    N    N       0     N
34992222        8/1/2007           6              6    C/O Refi    N    N       0     N
34902965        8/1/2006           6              6    Purchase    N    Y      60     N
34991364        9/1/2006           6              6    R/T Refi    N    Y      60     N
4000165785      9/1/2006           6              6    C/O Refi    N    Y      60     N
34234641        9/1/2006           6              6    C/O Refi    N    Y      60     N
34644609        9/1/2006           6              6    Purchase    N    Y      60     N
34527812        9/1/2009           6              6    C/O Refi    N    N       0     N
35342096        9/1/2006           6              6    Purchase    N    N       0     Y
34996017        9/1/2006           6              6    Purchase    N    Y      60     N
34857201        9/1/2006           6              6    Purchase    N    N       0     N
34557751      00/00/0000           0              0    C/O Refi    N    N       0     N
34843656      00/00/0000           0              0    R/T Refi    N    N       0     Y
35029206        3/1/2005           6              6    C/O Refi    N    Y      60     N
35203504        8/1/2006           6              6    Purchase    N    Y      60     N
34896977        8/1/2006           6              6    C/O Refi    N    N       0     N
4000174034      9/1/2007           6              6    C/O Refi    N    Y      60     Y
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
                                                          PROPERTY                    ORIGINAL ORIGINATION  FIRST PAY   MATURITY
  LOANID              CITY                 ZIP    STATE     TYPE       OCCUPANCY        TERM      DATE        DATE        DATE
--------------------------------------------------------------------------------------------------------------------------------
<S>           <C>                         <C>       <C>   <C>        <C>                <C>     <C>         <C>         <C>
4000167159    LAKE WORTH                  33467     FL       PUD      Second Home       360      8/5/2004    9/1/2004   8/1/2034
34370866      BLOOMSBURY                   8804     NJ    Units 2-4  Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
34834424      WARWICK                      2889     RI      Condo    Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35228873      DELTONA                     32738     FL       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
4000173742    STOCKBRIDGE                 49285     MI       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
35194588      (NORTH HOLLYWOOD AREA) LOS  91605     CA       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
35149582      SPRINGFIELD                 37172     TN       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
35029263      ELK GROVE                   95624     CA       SFR     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
34852228      CHICAGO                     60652     IL       SFR     Owner Occupied     360     7/27/2004   10/1/2004   9/1/2034
34757625      STAFFORD                    22554     VA       PUD     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
35147685      KNOXVILLE                   37917     TN       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
35156637      MORROW                      30260     GA       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
34258020      CLERMONT                    34711     FL       PUD     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
35224385      FORT MYERS                  33916     FL       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
35084870      KENTON                      43326     OH       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
34856518      ROCKFORD                    61102     IL    Units 2-4  Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
34896852      MERRITT ISLAND              32953     FL       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
4000173188    HOLLISTER                   95023     CA       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
35282359      NEWTOWN                     18940     PA      Condo    Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
34992933      ST PAUL                     55118     MN       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
4000167825    KENT                        98042     WA       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34859553      BLUE ISLAND                 60406     IL       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
4000157170    BAKERSFIELD                 93312     CA       SFR     Owner Occupied     360     6/29/2004    9/1/2004   8/1/2034
34232900      SCOTTSDALE                  85262     AZ       PUD     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
4000158106    LIVERMORE                   94550     CA       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
34480434      LONG BEACH                  90805     CA       SFR     Owner Occupied     360     7/28/2004   10/1/2004   9/1/2034
4000166517    SUNNYVALE                   94089     CA       SFR     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
34343038      CHULA VISTA                 91913     CA      Condo    Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
35203728      CARLSBAD                    92008     CA       PUD     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
34860098      RAMSEY                      62080     IL       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
35131531      BLOOMINGDALE                60108     IL       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
35157080      CANTON                      30114     GA       PUD     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
34761635      VIRGINIA BEACH              23464     VA       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
35229509      SARASOTA                    34233     FL       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
35124387      SOUTH HOLLAND               60473     IL       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
34549147      BARTLETT                    76511     TX       SFR     Owner Occupied     360     6/23/2004    8/1/2004   7/1/2034
4000163049    KING CITY                   93930     CA    Units 2-4  Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
34659300      ST LOUIS                    63130     MO       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
34381897      UNIONTOWN                   15401     PA       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
34721886      LA QUINTA                   92253     CA       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
34994467      ISANTI                      55040     MN       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
35126143      CHICAGO                     60638     IL       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
34861369      CICERO                      60804     IL       SFR     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
34846485      ST. CHARLES                 60174     IL       SFR     Owner Occupied     360     6/30/2004    9/1/2004   8/1/2034
35303031      LAS VEGAS                   89118     NV       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
35109511      FRISCO                      75034     TX       PUD     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
33878836      ST. LOUIS                   63147     MO       SFR     Owner Occupied     360      8/2/2004    9/1/2004   8/1/2034
4000049295    LAKE FOREST                 92610     CA      Condo    Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
35188697      WHITTIER                    90604     CA       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
35203264      ENCINITAS                   92024     CA       PUD     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35207588      HEMET                       92545     CA       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
34847343      WOODRIDGE                   60517     IL      Condo    Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
4000168877    FREMONT                      3044     NH       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
35079193      HUNTERSVILLE                28078     NC       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35065796      SIMPSONVILLE                29681     SC       PUD     Owner Occupied     360      8/4/2004    9/1/2004   8/1/2034
34761403      SEVERN                      21144     MD      Condo    Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
35075035      DURHAM                      27712     NC       PUD     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
35147602      JONESBORO                   30238     GA       SFR     Owner Occupied     360      8/5/2004    9/1/2004   8/1/2034
34079897      LAS VEGAS                   89123     NV       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
4000177241    UPPER SANDUSKY              43351     OH       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35133750      CHICAGO                     60636     IL    Units 2-4  Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
33017914      INDIANAPOLIS                46222     IN       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
34981738      MINFORD                     45653     OH       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
35152297      RIVERDALE                   30296     GA       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
35262484      HELENDALE                   92342     CA       PUD     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
34899187      PORT CHARLOTTE              33981     FL       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
34899971      JACKSONVILLE                32211     FL       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35145291      SMYRNA                      37167     TN       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34757476      WALDORF                     20602     MD       PUD     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
4000167411    ORTING                      98360     WA       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
4000167717    COLCHESTER                   6415     CT       PUD     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34939033      LINCOLN CITY                97367     OR       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
34965053      CINCINNATI                  45231     OH       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
34976951      LOUISVILLE                  40218     KY       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
4000171641    VACAVILLE                   95687     CA      Condo    Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
4000161047    EDMONDS                     98020     WA       SFR     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
4000174841    BRENTWOOD                   94513     CA       PUD     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
33635285      BRECKENRIDGE                48615     MI       SFR     Owner Occupied     360     6/26/2004    8/1/2004   7/1/2034
4000158305    HANFORD                     93230     CA       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
35198217      OCEANSIDE                   92056     CA       PUD     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
4000174912    NORTH HILLS AREA            91343     CA      Condo    Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
4000175326    SACRAMENTO                  95828     CA       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000175918    FARMERSVILLE                93223     CA       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000176779    SAN JOSE                    95111     CA       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
4000176846    SAN ANTONIO                 78239     TX       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35012103      COMMERCE CITY               80022     CO       PUD     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
35012236      MILLIKEN                    80543     CO       PUD     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
35029602      LOS ANGELES                 90020     CA      Condo    Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
34560722      AUSTIN                      78723     TX       SFR     Investor           360      8/6/2004   10/1/2004   9/1/2034
34698639      MIRAMAR                     33027     FL       PUD     Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
34851378      CHICAGO                     60639     IL    Units 2-4  Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34887406      WINTER SPRINGS              32708     FL       PUD     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
35104371      SAN ANTONIO                 78201     TX       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
4000159447    ANTIOCH                     94509     CA       SFR     Owner Occupied     360     7/21/2004    9/1/2004   8/1/2034
34240945      TUCSON                      85741     AZ       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
35113133      DALLAS                      75217     TX       SFR     Investor           360     8/24/2004   10/1/2004   9/1/2034
35126242      PLAINFIELD                  60544     IL       PUD     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
35126564      AURORA                      60505     IL       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35190495      BELLFLOWER                  90706     CA      Condo    Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
34646505      RACINE                      53404     WI       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34719666      VICTORVILLE                 92392     CA    Units 2-4  Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
35203199      HEMET                       92545     CA       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34645259      MILWAUKEE                   53224     WI       SFR     Owner Occupied     360     7/27/2004   10/1/2004   9/1/2034
34717595      RIVERSIDE                   92509     CA       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
34897850      ORLANDO                     32807     FL       SFR     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034

<CAPTION>
                                                                                      ORIGINAL
                                                                                      COMBAINED
              REMAINING     ORIGINAL   SCHEDULED                       PAID THRU       LOAN TO      OTS
  LOANID        TERM        BALANCE     BALANCE      RATE      P&I        DATE          VALUE   DELINQUENCY INDEX       MARGIN
------------------------------------------------------------------------------------------------------------------------------
<S>              <C>      <C>         <C>           <C>     <C>        <C>              <C>        <C>       <C>        <C>
4000167159       358      497,000.00  497,000.00    5.875   2,433.23    9/1/2004           80      0-29      6ML         3.75
34370866         359      175,000.00  175,000.00        8   1,166.67   10/1/2004        67.31      0-29      6ML         5.25
34834424         359      154,000.00  154,000.00     6.25     802.08   10/1/2004           80      0-29      6ML        4.125
35228873         359      118,300.00  118,300.00        8     788.67   10/1/2004        79.99      0-29      6ML         5.25
4000173742       359      170,450.00  170,450.00    7.625   1,083.07   10/1/2004        89.99      0-29      6ML          6.5
35194588         359      398,000.00  398,000.00      7.5   2,487.50   10/1/2004        82.92      0-29      6ML        5.875
35149582         359       94,320.00   94,238.79     6.75     611.76   10/1/2004           80      0-29      6ML         4.75
35029263         358      294,400.00  294,400.00    6.375   1,564.00    9/1/2004           80      0-29      6ML         4.25
34852228         359      141,500.00  141,400.12     7.75   1,013.73   10/1/2004        87.35      0-29      6ML         6.25
34757625         359      260,000.00  260,000.00      6.5   1,408.33   10/1/2004           80      0-29      6ML        4.625
35147685         359       48,800.00   48,757.98     6.75     316.52   10/1/2004           80      0-29      6ML        4.875
35156637         359      140,600.00  140,600.00    7.625      893.4   10/1/2004           95      0-29      6ML        5.625
34258020         359      128,800.00  128,800.00    6.125     657.42   10/1/2004           80      0-29      6ML        3.875
35224385         359       89,250.00   89,199.96    8.875     710.12   10/1/2004         84.2      0-29      6ML         7.25
35084870         359       63,200.00   63,140.03     6.25     389.14   10/1/2004           80      0-29      6ML          4.5
34856518         359       42,500.00   42,471.48        8     311.85   10/1/2004           85      0-29      FIX            0
34896852         359      166,500.00  166,404.20     8.75   1,309.86   10/1/2004           90      0-29      6ML         7.25
4000173188       359      624,000.00  624,000.00     6.25   3,250.00   10/1/2004           80      0-29      6ML        3.875
35282359         359      164,000.00  164,000.00    5.625     768.75   10/1/2004           80      0-29      6ML        3.375
34992933         359      208,250.00  208,250.00      7.5   1,301.56   10/1/2004           85      0-29      6ML            6
4000167825       359      183,950.00  183,950.00    5.875     900.59   10/1/2004           80      0-29      6ML            4
34859553         359      120,000.00  119,906.38     7.25     818.62   10/1/2004        82.76      0-29      6ML        5.125
4000157170       358      228,000.00  227,459.90      7.5   1,594.21   10/1/2004        79.17      0-29      FIX            0
34232900         359      500,000.00  499,569.50     6.75   3,243.00   10/1/2004        76.13      0-29      6ML        5.125
4000158106       359      532,000.00  532,000.00    5.875   2,604.58   10/1/2004           80      0-29      6ML         3.75
34480434         359      268,000.00  267,757.72      6.5   1,693.95   10/1/2004        79.76      0-29      FIX            0
4000166517       359      392,000.00  392,000.00    5.875   1,919.17   10/1/2004           80      0-29      6ML            4
34343038         359      284,050.00  284,050.00    5.375   1,272.31   10/1/2004        79.99      0-29      6ML          3.5
35203728         358      524,000.00  524,000.00    7.125   3,111.25    9/1/2004           80      0-29      6ML         4.25
34860098         359       44,000.00   43,974.68     8.75     346.15   10/1/2004          100      0-29      6ML         6.25
35131531         359      442,000.00  441,688.03     7.75   3,166.55   10/1/2004          100      0-29      6ML        5.875
35157080         359      221,400.00  221,400.00    7.875   1,452.94   10/1/2004           90      0-29      6ML            6
34761635         359      190,000.00  189,878.84     8.25   1,427.41   10/1/2004          100      0-29      6ML        6.375
35229509         359      130,500.00  130,500.00    6.625     720.47   10/1/2004           90      0-29      6ML            5
35124387         359      180,800.00  180,672.39     7.75   1,295.28   10/1/2004           80      0-29      6ML        5.875
34549147         357       76,000.00   75,816.58    7.125     512.03    9/1/2004           80      0-29      6ML         5.25
4000163049       358      291,200.00  291,200.00    5.875   1,425.67    9/1/2004           80      0-29      6ML        3.875
34659300         359       52,800.00   52,761.78    7.625     373.72   10/1/2004           80      0-29      FIX            0
34381897         359       55,000.00   54,970.73    9.125      447.5   10/1/2004          100      0-29      6ML            7
34721886         359      276,000.00  276,000.00    6.375   1,466.25   10/1/2004           80      0-29      6ML         3.75
34994467         359      114,750.00  114,673.00        8        842   10/1/2004           75      0-29      6ML         5.75
35126143         359      168,000.00  167,868.94     7.25   1,146.06   10/1/2004           80      0-29      6ML        5.375
34861369         358      205,000.00  204,677.64     7.25   1,398.47    9/1/2004        89.13      0-29      6ML         5.75
34846485         358      346,500.00  345,912.37    6.875   2,276.26    9/1/2004           90      0-29      FIX            0
35303031         359      205,000.00  205,000.00    7.375   1,259.90   10/1/2004        78.85      0-29      6ML        4.875
35109511         359      273,000.00  273,000.00     6.25   1,421.88   10/1/2004        79.99      0-29      6ML          4.5
33878836         358       50,600.00   50,533.56    8.125     375.71    9/1/2004        74.96      0-29      6ML         5.75
4000049295       359      340,000.00  340,000.00    6.625   1,877.08   10/1/2004           80      0-29      FIX            0
35188697         359      413,250.00  412,876.41      6.5   2,612.03   10/1/2004           95      0-29      6ML         5.25
35203264         359      515,000.00  515,000.00      5.5   2,360.42   10/1/2004           80      0-29      6ML          3.5
35207588         359      220,000.00  219,999.92    6.125   1,122.92   10/1/2004           80      0-29      6ML        4.125
34847343         359       78,200.00   78,027.58      6.5     494.28   10/1/2004           85      0-29      6ML        4.625
4000168877       359      299,900.00  299,900.00    7.125   1,780.66   10/1/2004        79.99      0-29      6ML         5.25
35079193         359      132,000.00  131,915.82     8.25     991.68   10/1/2004          100      0-29      6ML        5.375
35065796         358      262,200.00  261,758.18    6.875   1,722.47   10/1/2004           95      0-29      6ML         5.75
34761403         359      100,400.00  100,400.00    7.125     596.13   10/1/2004           80      0-29      6ML          4.5
35075035         359      148,800.00  148,800.00    6.625      821.5   10/1/2004           80      0-29      6ML        4.625
35147602         358      107,920.00  107,920.00     6.75     607.05    9/1/2004           80      0-29      6ML         4.75
34079897         359      199,500.00  199,500.00     7.99   1,328.34   10/1/2004           70      0-29      6ML          5.5
4000177241       359      107,000.00  106,936.82    8.625     832.24   10/1/2004          100      0-29      6ML        6.625
35133750         359      117,000.00  116,904.09        7     778.41   10/1/2004           90      0-29      FIX            0
33017914         359       72,000.00   71,949.18     7.75     515.82   10/1/2004           90      0-29      6ML         5.75
34981738         359      171,000.00  170,866.60     7.25   1,166.53   10/1/2004           90      0-29      6ML         6.25
35152297         359      117,000.00  117,000.00        8        780   10/1/2004        88.64      0-29      6ML         5.75
35262484         359      141,000.00  141,000.00        7      822.5   10/1/2004         56.4      0-29      6ML         4.25
34899187         359      116,000.00  116,000.00    7.375     712.92   10/1/2004           80      0-29      6ML        4.875
34899971         359      126,000.00  125,913.29    7.875     913.59   10/1/2004           90      0-29      6ML        6.125
35145291         359      150,000.00  149,880.05    7.125   1,010.58   10/1/2004           80      0-29      6ML        5.625
34757476         359      120,800.00  120,800.00        6        604   10/1/2004           80      0-29      6ML        3.875
4000167411       359      140,000.00  140,000.00      6.5     758.33   10/1/2004           80      0-29      6ML            4
4000167717       359      142,800.00  142,667.74    6.375     890.89   10/1/2004           80      0-29      6ML        4.375
34939033         359      131,100.00  131,012.03        8     961.97   10/1/2004           95      0-29      6ML        5.375
34965053         359      102,400.00  102,320.12     7.25     698.55   10/1/2004           80      0-29      6ML        3.625
34976951         359      108,000.00  107,935.99    8.625     840.02   10/1/2004           90      0-29      6ML        6.625
4000171641       359      171,600.00  171,595.07    6.375     911.62   10/1/2004           80      0-29      6ML         4.25
4000161047       358      212,000.00  212,000.00     7.25   1,280.83    9/1/2004           80      0-29      6ML         5.25
4000174841       359      207,000.00  206,999.37    8.375   1,444.69   10/1/2004           90      0-29      6ML        6.375
33635285         357      130,500.00  130,228.79    7.875     946.22    9/1/2004        87.58      0-29      6ML        6.375
4000158305       359      154,800.00  154,800.00    5.625     725.63   10/1/2004           80      0-29      6ML         3.75
35198217         359      279,000.00  279,000.00     7.25   1,685.63   10/1/2004           90      0-29      6ML        5.375
4000174912       359      210,000.00  209,840.20    7.375   1,450.42   10/1/2004        89.36      0-29      6ML            6
4000175326       359      299,000.00  299,000.00      5.5   1,370.42   10/1/2004        98.68      0-29      6ML            5
4000175918       359      118,150.00  118,053.16        7     786.05   10/1/2004           85      0-29      6ML        5.125
4000176779       359      479,200.00  479,200.00    5.125   2,046.58   10/1/2004           80      0-29      6ML        3.375
4000176846       359      105,000.00  104,918.09     7.25     716.29   10/1/2004          100      0-29      6ML        5.875
35012103         359      308,220.00  308,220.00    7.125   1,830.06   10/1/2004          100      0-29      6ML         5.25
35012236         359      180,000.00  180,000.00     6.25      937.5   10/1/2004         87.8      0-29      6ML        4.625
35029602         359      228,000.00  228,000.00    7.875   1,496.25   10/1/2004          100      0-29      6ML        5.375
34560722         359       55,000.00   54,969.16    8.875     437.61   10/1/2004        47.83      0-29      6ML        5.625
34698639         358      408,000.00  408,000.00     8.25   2,805.00    9/1/2004           85      0-29      6ML        6.375
34851378         359      250,400.00  250,156.62    6.125   1,521.46   10/1/2004           80      0-29      6ML          4.5
34887406         359      151,200.00  151,200.00    6.375     803.25   10/1/2004           80      0-29      6ML        4.625
35104371         359       55,500.00   55,440.67    5.625     319.49   10/1/2004        79.94      0-29      6ML         3.75
4000159447       358      297,600.00  297,600.00    5.875   1,457.00    9/1/2004           80      0-29      6ML        3.875
34240945         359      130,000.00  129,890.78    6.875     854.01   10/1/2004        85.53      0-29      6ML         5.25
35113133         359       56,000.00   55,822.35     7.99     410.52   10/1/2004           80      0-29      6ML        5.875
35126242         359      696,000.00  695,385.93    6.625   4,456.57   10/1/2004           80      0-29      6ML        4.125
35126564         359      142,000.00  141,904.52     7.99   1,040.96   10/1/2004          100      0-29      6ML        5.125
35190495         359      185,500.00  185,500.00     7.25   1,120.73   10/1/2004           70      0-29      6ML        4.875
34646505         359      108,800.00  108,735.76    8.625     846.24   10/1/2004           80      0-29      6ML            6
34719666         359      107,000.00  106,912.29        7     711.88   10/1/2004        56.32      0-29      FIX            0
35203199         359      165,200.00  165,200.00     5.75     791.58   10/1/2004           80      0-29      6ML        3.875
34645259         359      195,000.00  194,855.28      7.5   1,363.47   10/1/2004        94.66      0-29      FIX            0
34717595         359      247,900.00  247,900.00    5.625   1,162.03   10/1/2004        79.99      0-29      6ML         3.75
34897850         358      107,200.00  107,062.81     8.25     805.36    9/1/2004           80      0-29      6ML        6.125

<CAPTION>
             INITIAL  PERIODIC                           PREPAYMENT
  LOANID       CAP      CAP       FLOOR    CEILING          TERM                                PREPAYMENT PENALTY
--------------------------------------------------------------------------------------------------------------------------
<S>             <C>      <C>      <C>       <C>              <C>                        <C>
4000167159      3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
34370866        3        1            8         14            0                                                       None
34834424        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
35228873        3        1            8         14            0                                                       None
4000173742      3        1        7.625     13.625           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35194588        3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
35149582        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
35029263        3        1        6.375     12.375           36                              6 mo.s interest less 20% obal
34852228        3        1         7.75      13.75           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34757625        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
35147685        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
35156637        3        1        7.625     13.625            0                                                       None
34258020        3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
35224385        3        1        8.875     14.875           24                              6 mo.s interest less 20% obal
35084870        3        1         6.25      12.25           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34856518        0        0            0          0            0                                                       None
34896852        3        1         8.75      14.75           24                              6 mo.s interest less 20% obal
4000173188      3        1         6.25      12.25           12                              6 mo.s interest less 20% obal
35282359        3        1        5.625     11.625           24                              6 mo.s interest less 20% obal
34992933        3        1          7.5       13.5           36                         min (2% prepaid, 60 days interest)
4000167825      3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
34859553        3        1         7.25      13.25           12                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000157170      0        0            0          0           36                              6 mo.s interest less 20% obal
34232900        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
4000158106      3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
34480434        0        0            0          0           36                              6 mo.s interest less 20% obal
4000166517      3        1        5.875     11.875           36                              6 mo.s interest less 20% obal
34343038        3        1        5.375     11.375           36                              6 mo.s interest less 20% obal
35203728        3        1        7.125     13.125            0                                                       None
34860098        3        1         8.75      14.75           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35131531        3        1         7.75      13.75            0                                                       None
35157080        3        1        7.875     13.875            0                                                       None
34761635        3        1         8.25      14.25           24                              6 mo.s interest less 20% obal
35229509        3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
35124387        3        1         7.75      13.75           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34549147        3        1        7.125     13.125            0                                                       None
4000163049      3        1        5.875     11.875           36                              6 mo.s interest less 20% obal
34659300        0        0            0          0           36                                                 2% prepaid
34381897        3        1        9.125     15.125           24                              6 mo.s interest less 20% obal
34721886        3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
34994467        3        1            8         14           36                         min (2% prepaid, 60 days interest)
35126143        3        1         7.25      13.25           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34861369        3        1         7.25      13.25           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34846485        0        0            0          0            0                                                       None
35303031        3        1        7.375     13.375           24                              6 mo.s interest less 20% obal
35109511        3        1         6.25      12.25           36                              6 mo.s interest less 20% obal
33878836        3        1        8.125     14.125           24                                                 2% prepaid
4000049295      0        0            0          0           36                              6 mo.s interest less 20% obal
35188697        3        1          6.5       12.5           36                              6 mo.s interest less 20% obal
35203264        3        1          5.5       11.5           24                              6 mo.s interest less 20% obal
35207588        3        1        6.125     12.125           36                              6 mo.s interest less 20% obal
34847343        3        1          6.5       12.5           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000168877      3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
35079193        3        1         8.25      14.25            0                                                       None
35065796        3        1        6.875     12.875            0                                                       None
34761403        3        1        7.125     13.125           12                              6 mo.s interest less 20% obal
35075035        3        1        6.625     12.625            0                                                       None
35147602        3        1         6.75      12.75            0                                                       None
34079897        3        1         7.99      13.99           24                              6 mo.s interest less 20% obal
4000177241      3        1        8.625     14.625           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35133750        0        0            0          0            0                                                       None
33017914        3        1         7.75      13.75           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34981738        3        1         7.25      13.25           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35152297        3        1            8         14            0                                                       None
35262484        3        1            7         13           36                              6 mo.s interest less 20% obal
34899187        3        1        7.375     13.375           24                              6 mo.s interest less 20% obal
34899971        3        1        7.875     13.875           24                              6 mo.s interest less 20% obal
35145291        3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
34757476        3        1            6         12           24                              6 mo.s interest less 20% obal
4000167411      3        1          6.5       12.5           36                              6 mo.s interest less 20% obal
4000167717      3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
34939033        3        1            8         14           24                              6 mo.s interest less 20% obal
34965053        3        1         7.25      13.25            0                                                       None
34976951        3        1        8.625     14.625           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000171641      3        1        6.375     12.375           36                              6 mo.s interest less 20% obal
4000161047      3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
4000174841      3        1        8.375     14.375           24                              6 mo.s interest less 20% obal
33635285        3        1        7.875     13.875           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000158305      3        1        5.625     11.625           36                              6 mo.s interest less 20% obal
35198217        3        1         7.25      13.25           12                              6 mo.s interest less 20% obal
4000174912      3        1        7.375     13.375           24                              6 mo.s interest less 20% obal
4000175326      3        1          5.5       11.5           36                              6 mo.s interest less 20% obal
4000175918      3        1            7         13           12                              6 mo.s interest less 20% obal
4000176779      3        1        5.125     11.125           24                              6 mo.s interest less 20% obal
4000176846      3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
35012103        3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
35012236        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
35029602        3        1        7.875     13.875            0                                                       None
34560722        3        1        8.875     14.875           24                              6 mo.s interest less 20% obal
34698639        3        1         8.25      14.25           24                              6 mo.s interest less 20% obal
34851378        3        1        6.125     12.125           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34887406        3        1        6.375     12.375           36                              6 mo.s interest less 20% obal
35104371        3        1        5.625     11.625           36                              6 mo.s interest less 20% obal
4000159447      3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
34240945        3        1        6.875     12.875           36                              6 mo.s interest less 20% obal
35113133        3        1         7.99      13.99           36                              6 mo.s interest less 20% obal
35126242        3        1        6.625     12.625           12                              3%/2%/1%-1st yr/2nd yr/3rd yr
35126564        3        1         7.99      13.99           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35190495        3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
34646505        3        1        8.625     14.625           24                              6 mo.s interest less 20% obal
34719666        0        0            0          0           36                              6 mo.s interest less 20% obal
35203199        3        1         5.75      11.75           24                              6 mo.s interest less 20% obal
34645259        0        0            0          0           36                              6 mo.s interest less 20% obal
34717595        3        1        5.625     11.625           24                              6 mo.s interest less 20% obal
34897850        3        1         8.25      14.25           24                              6 mo.s interest less 20% obal

<CAPTION>
                                              PAYMENT
              FIRST RATE      RATE RESET       RESET                                  MI
  LOANID      RESET DATE       FREQUENCY     FREQUENCY  PURPOSE   DIV  IO    IOTERM  FLAG
-----------------------------------------------------------------------------------------
<S>           <C>                  <C>            <C>  <C>         <C>  <C>    <C>    <C>
4000167159      8/1/2006           6              6    Purchase    N    Y      60     N
34370866        9/1/2009           6              6    C/O Refi    N    Y      60     N
34834424        9/1/2006           6              6    Purchase    N    Y      60     N
35228873        9/1/2006           6              6    Purchase    N    Y      60     N
4000173742      9/1/2006           6              6    Purchase    N    Y      60     Y
35194588        9/1/2006           6              6    C/O Refi    N    Y      60     N
35149582        9/1/2006           6              6    Purchase    N    N       0     N
35029263        8/1/2009           6              6    Purchase    N    Y      60     N
34852228        9/1/2006           6              6    C/O Refi    N    N       0     N
34757625        9/1/2006           6              6    Purchase    N    Y      60     N
35147685        9/1/2006           6              6    Purchase    N    N       0     N
35156637        9/1/2006           6              6    C/O Refi    N    Y      60     Y
34258020        9/1/2006           6              6    Purchase    N    Y      60     N
35224385        9/1/2006           6              6    C/O Refi    N    N       0     Y
35084870        9/1/2006           6              6    Purchase    N    N       0     N
34856518      00/00/0000           0              0    Purchase    N    N       0     N
34896852        9/1/2006           6              6    Purchase    N    N       0     Y
4000173188      9/1/2006           6              6    Purchase    N    Y      60     N
35282359        9/1/2006           6              6    Purchase    N    Y      60     N
34992933        9/1/2006           6              6    C/O Refi    N    Y      60     N
4000167825      9/1/2006           6              6    Purchase    N    Y      60     N
34859553        9/1/2006           6              6    C/O Refi    N    N       0     N
4000157170    00/00/0000           0              0    Purchase    N    N       0     N
34232900        9/1/2006           6              6    Purchase    N    N       0     N
4000158106      9/1/2006           6              6    Purchase    N    Y      60     N
34480434      00/00/0000           0              0    C/O Refi    N    N       0     N
4000166517      9/1/2007           6              6    Purchase    N    Y      60     N
34343038        9/1/2006           6              6    Purchase    N    Y      60     N
35203728        8/1/2006           6              6    C/O Refi    N    Y      60     N
34860098        9/1/2006           6              6    C/O Refi    N    N       0     N
35131531        9/1/2006           6              6    Purchase    N    N       0     N
35157080        9/1/2007           6              6    C/O Refi    N    Y      60     N
34761635        9/1/2006           6              6    Purchase    N    N       0     N
35229509        9/1/2006           6              6    Purchase    N    Y      60     Y
35124387        9/1/2006           6              6    C/O Refi    N    N       0     N
34549147        7/1/2006           6              6    C/O Refi    N    N       0     N
4000163049      8/1/2007           6              6    Purchase    N    Y      60     N
34659300      00/00/0000           0              0    C/O Refi    N    N       0     N
34381897        9/1/2006           6              6    Purchase    N    N       0     N
34721886        9/1/2009           6              6    C/O Refi    N    Y      60     N
34994467        9/1/2006           6              6    C/O Refi    N    N       0     N
35126143        9/1/2006           6              6    C/O Refi    N    N       0     N
34861369        8/1/2006           6              6    C/O Refi    N    N       0     N
34846485      00/00/0000           0              0    C/O Refi    N    N       0     N
35303031        9/1/2009           6              6    C/O Refi    N    Y      60     N
35109511        9/1/2007           6              6    Purchase    N    Y      60     N
33878836        8/1/2006           6              6    Purchase    N    N       0     N
4000049295    00/00/0000           0              0    Purchase    N    Y      60     N
35188697        9/1/2007           6              6    Purchase    N    N       0     Y
35203264        9/1/2006           6              6    Purchase    N    Y      60     N
35207588        9/1/2009           6              6    C/O Refi    N    Y      60     N
34847343        9/1/2006           6              6    Purchase    N    N       0     Y
4000168877      9/1/2006           6              6    Purchase    N    Y      60     N
35079193        9/1/2007           6              6    Purchase    N    N       0     N
35065796        8/1/2007           6              6    Purchase    N    N       0     Y
34761403        9/1/2006           6              6    Purchase    N    Y      60     N
35075035        9/1/2007           6              6    Purchase    N    Y      60     N
35147602        8/1/2007           6              6    Purchase    N    Y      60     N
34079897        9/1/2006           6              6    C/O Refi    N    Y      60     N
4000177241      9/1/2006           6              6    Purchase    N    N       0     N
35133750      00/00/0000           0              0    C/O Refi    N    N       0     Y
33017914        9/1/2006           6              6    C/O Refi    N    N       0     Y
34981738        9/1/2006           6              6    C/O Refi    N    N       0     N
35152297        9/1/2007           6              6    C/O Refi    N    Y      60     N
35262484        9/1/2009           6              6    C/O Refi    N    Y      60     N
34899187        9/1/2009           6              6    Purchase    N    Y      60     N
34899971        9/1/2006           6              6    C/O Refi    N    N       0     N
35145291        9/1/2006           6              6    Purchase    N    N       0     N
34757476        9/1/2006           6              6    Purchase    N    Y      60     N
4000167411      9/1/2009           6              6    Purchase    N    Y      60     N
4000167717      9/1/2006           6              6    Purchase    N    N       0     N
34939033        9/1/2006           6              6    Purchase    N    N       0     Y
34965053        9/1/2006           6              6    C/O Refi    N    N       0     N
34976951        9/1/2006           6              6    C/O Refi    N    N       0     Y
4000171641      9/1/2007           6              6    Purchase    N    Y      60     N
4000161047      8/1/2006           6              6    C/O Refi    N    Y      60     N
4000174841      9/1/2006           6              6    C/O Refi    N    Y      60     N
33635285        7/1/2006           6              6    C/O Refi    N    N       0     N
4000158305      9/1/2007           6              6    Purchase    N    Y      60     N
35198217        9/1/2006           6              6    C/O Refi    N    Y      60     Y
4000174912      9/1/2006           6              6    R/T Refi    N    N       0     N
4000175326      9/1/2006           6              6    Purchase    N    Y      60     N
4000175918      9/1/2006           6              6    R/T Refi    N    N       0     N
4000176779      9/1/2006           6              6    Purchase    N    Y      60     N
4000176846      9/1/2006           6              6    Purchase    N    N       0     N
35012103        9/1/2006           6              6    Purchase    N    Y      60     N
35012236        9/1/2006           6              6    R/T Refi    N    Y      60     Y
35029602        9/1/2006           6              6    Purchase    N    Y      60     N
34560722        9/1/2006           6              6    C/O Refi    N    N       0     N
34698639        8/1/2006           6              6    C/O Refi    N    Y      60     N
34851378        9/1/2006           6              6    Purchase    N    N       0     N
34887406        9/1/2007           6              6    Purchase    N    Y      60     N
35104371        9/1/2007           6              6    Purchase    N    N       0     N
4000159447      8/1/2006           6              6    Purchase    N    Y      60     N
34240945        9/1/2007           6              6    C/O Refi    N    N       0     Y
35113133        9/1/2007           6              6    C/O Refi    N    N       0     N
35126242        9/1/2006           6              6    Purchase    N    N       0     N
35126564        9/1/2006           6              6    C/O Refi    N    N       0     N
35190495        9/1/2006           6              6    C/O Refi    N    Y      60     N
34646505        9/1/2006           6              6    C/O Refi    N    N       0     N
34719666      00/00/0000           0              0    C/O Refi    N    N       0     N
35203199        9/1/2006           6              6    Purchase    N    Y      60     N
34645259      00/00/0000           0              0    C/O Refi    N    N       0     Y
34717595        9/1/2006           6              6    Purchase    N    Y      60     N
34897850        8/1/2006           6              6    C/O Refi    N    N       0     N
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
                                                          PROPERTY                    ORIGINAL ORIGINATION  FIRST PAY   MATURITY
  LOANID              CITY                 ZIP    STATE     TYPE       OCCUPANCY        TERM      DATE        DATE        DATE
--------------------------------------------------------------------------------------------------------------------------------
<S>           <C>                         <C>       <C>   <C>        <C>                <C>     <C>         <C>         <C>
35008416      FORT COLLINS                80525     CO       SFR     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
34381087      PHILADELPHIA                19141     PA       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34756429      GERMANTOWN                  20874     MD       PUD     Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
34654806      BROOKLYN                    53521     WI       SFR     Owner Occupied     180     8/26/2004   10/1/2004   9/1/2019
35104934      MURPHY                      75094     TX       PUD     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
34215996      EMILY                       56447     MN       SFR     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
4000168175    DEXTER                      48130     MI       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
4000169786    SAN FRANCISCO               94117     CA      Condo    Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
4000166835    SACRAMENTO                  95828     CA       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
34288233      CORONA                      92881     CA       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34801399      SAN DIEGO                   92154     CA      Condo    Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
35144500      MCNONOUGH                   30253     GA       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
34755181      FREDERICK                   21702     MD       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
4000167854    DETROIT                     48211     MI    Units 2-4     Investor        360      8/6/2004   10/1/2004   9/1/2034
33870247      MILWAUKEE                   53209     WI    Units 2-4     Investor        360      8/9/2004   10/1/2004   9/1/2034
35150598      LYNCHBURG                   37352     TN       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
4000163286    DEARBORN                    48126     MI       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
34900852      JASPER                      32052     FL       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34525857      OKLAHOMA CITY               73170     OK       SFR     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
34938324      CENTRAL POINT               97502     OR       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
4000161031    VANDERBILT                  49795     MI       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
4000166018    SPOKANE                     99208     WA       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
34995357      PRINCETON                   55371     MN       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
35028109      NORWALK                     90650     CA       SFR     Owner Occupied     360     7/27/2004    9/1/2004   8/1/2034
34267872      HARAHAN                     70123     LA       SFR     Owner Occupied     360      6/9/2004    7/1/2004   6/1/2034
4000153271    STONY BROOK                 11790     NY       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
35110576      FRISCO                      75035     TX       PUD     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
34991661      BROOKLYN PARK               55444     MN       SFR        Investor        360     8/16/2004   10/1/2004   9/1/2034
35228659      JACKSONVILLE                36265     AL       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
4000155285    SACRAMENTO                  95822     CA       SFR     Owner Occupied     360     7/20/2004    9/1/2004   8/1/2034
4000175393    BRADFORD                    45308     OH       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35205343      PAUMA VALLEY                92061     CA       PUD     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
35079698      HIGH POINT                  27262     NC       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35010420      NORTHGLENN                  80234     CO       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
35230127      MILTON                      32570     FL       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
34914689      AUGUSTA                     30906     GA       SFR     Owner Occupied     360     7/19/2004    9/1/2004   8/1/2034
4000166314    NORTHRIDGE                  91326     CA      Condo    Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
4000172185    JACKSON                     95642     CA       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34901686      VENICE                      34293     FL       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
4000173038    WOODMERE                    11598     NY       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
35016419      STURGIS                     57785     SD       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
4000171956    LOS GATOS                   95032     CA       SFR        Investor        360     8/13/2004   10/1/2004   9/1/2034
34887992      ST. PETERSBURG              33705     FL       SFR     Owner Occupied     360     7/26/2004    9/1/2004   8/1/2034
34995035      COLORADO SPRINGS            80916     CO       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000157200    VALLEJO                     94591     CA       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
33999970      WELLINGTON                  33071     FL       SFR     Owner Occupied     360     5/28/2004    7/1/2004   6/1/2034
34898650      CHICKASAW                   36611     AL       SFR        Investor        360      8/4/2004    9/1/2004   8/1/2034
35234798      VERO BEACH                  32968     FL       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
35083161      MCGUFFEY                    45859     OH       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
4000169514    REDDING                     96002     CA       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
34998351      GRAND RAPIDS                55744     MN       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34996199      SARTELL                     56377     MN       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
34853218      ROCKFORD                    61103     IL       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35147289      RIVERDALE                   30296     GA       PUD     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
34468264      PETALUMA                    94952     CA       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
34414037      RIDGEFIELD                  98642     WA       PUD     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
34004374      CORPUS CHRISTI              78404     TX       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
35102318      DESOTO                      75115     TX       SFR     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
33590894      GARY                        46409     IN       SFR     Owner Occupied     360     4/27/2004    7/1/2004   6/1/2034
35090158      CINCINNATI                  45215     OH       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000163571    FAIR OAKS                   95628     CA       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34896662      TITUSVILLE                  32780     FL       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
34900043      BONITA SPRINGS              34135     FL       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
4000170408    CANTON                      44708     OH       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
34843599      CHICAGO                     60617     IL       SFR     Owner Occupied     360     7/27/2004   10/1/2004   9/1/2034
34756007      WOODBRIDGE                  22193     VA       SFR     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
35080290      TEGA CAY                    29708     SC       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35197540      ADELANTO                    92301     CA       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35323997      BEAVERTON                   97007     OR       PUD     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
4000152305    CHESTERFIELD                23832     VA       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35069038      CHARLOTTE                   28212     NC       SFR        Investor        360      8/4/2004   10/1/2004   9/1/2034
34529156      RAYTOWN                     64133     MO       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35243740      LEAGUE CITY                 77573     TX       PUD     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
34378216      MIDDLE RIVER                21220     MD       SFR        Investor        360      8/9/2004   10/1/2004   9/1/2034
4000174183    ROCHESTER                   48306     MI       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
35142694      POWDER SPRINGS              30127     GA       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
35161728      DECATUR                     30032     GA       SFR        Investor        360     8/31/2004   10/1/2004   9/1/2034
35112499      LINDALE                     75771     TX       PUD     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
35148378      MEMPHIS                     38018     TN       SFR     Owner Occupied     360      8/3/2004    9/1/2004   8/1/2034
4000166624    DETROIT                     48234     MI       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
35108240      HOUSTON                     77084     TX       PUD     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
4000178347    GROVE CITY                  43123     OH       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
35209444      LONG BEACH                  90807     CA       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
4000167715    HEMET                       92543     CA       SFR     Owner Occupied     180     8/14/2004   10/1/2004   9/1/2019
34652305      YUKON                       73099     OK       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
33016502      NEW CASTLE                  47362     IN       SFR     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
34974535      CALIFORNIA                  41007     KY       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
35104918      ARLINGTON                   76017     TX       PUD     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
34791285      LA MESA                     91942     CA       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
4000176544    SAN LEANDRO                 94577     CA      Condo    Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35403666      DOUGLASVILLE                30135     GA       PUD     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35069798      DURHAM                      27707     NC       SFR     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
34757302      DISTRICT HEIGHTS            20747     MD      Condo    Owner Occupied     360      8/2/2004    9/1/2004   8/1/2034
34733329      DENVER                      80222     CO       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
35122829      CULVER                      46511     IN       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
35029842      FONTANA                     92336     CA       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
34701052      WEST PALM BEACH             33412     FL       PUD     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
4000174211    NORTH OLMSTED               44070     OH       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34863704      WAPPINGERS FALLS            12590     NY       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
34990150      MEDFORD                     55049     MN       SFR     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
4000158701    MENTOR                      44060     OH       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
4000174568    MERCED                      95340     CA       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
35402965      MURFREESBORO                37129     TN       PUD     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34853291      INGLESIDE                   60041     IL       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
34652156      SAINT LOUIS                 63136     MO       SFR        Investor        360      8/4/2004   10/1/2004   9/1/2034

<CAPTION>
                                                                                      ORIGINAL
                                                                                      COMBAINED
              REMAINING     ORIGINAL   SCHEDULED                       PAID THRU       LOAN TO      OTS
  LOANID        TERM        BALANCE     BALANCE      RATE      P&I        DATE          VALUE   DELINQUENCY INDEX       MARGIN
------------------------------------------------------------------------------------------------------------------------------
<S>              <C>      <C>         <C>           <C>     <C>        <C>              <C>        <C>       <C>        <C>
35008416         358       93,500.00   93,500.00    7.125     555.16    9/1/2004        43.29      0-29      6ML         4.75
34381087         359       51,300.00   51,260.96    7.375     354.32   10/1/2004        82.74      0-29      FIX            0
34756429         358      200,000.00  199,619.47     6.25   1,231.44    9/1/2004        79.68      0-29      6ML        4.375
34654806         179      139,050.00  138,661.33    8.375   1,359.12   10/1/2004        84.99      0-29      FIX            0
35104934         359      112,000.00  111,888.29     5.99     670.78   10/1/2004           80      0-29      6ML        4.125
34215996         358       95,200.00   95,195.96    6.125     485.92    9/1/2004           80      0-29      6ML        4.375
4000168175       359      157,000.00  156,886.36    7.625   1,111.24   10/1/2004        94.01      0-29      6ML          6.5
4000169786       359      621,600.00  619,967.00      6.5   3,367.00   10/1/2004           80      0-29      FIX            0
4000166835       359      169,200.00  169,200.00    6.375     898.87   10/1/2004           80      0-29      6ML            4
34288233         359      350,000.00  350,000.00    6.875   2,005.21   10/1/2004        63.06      0-29      6ML        4.625
34801399         359      328,000.00  328,000.00    5.875   1,605.83   10/1/2004           80      0-29      6ML            4
35144500         359      114,240.00  114,240.00     6.25        595   10/1/2004           80      0-29      6ML            4
34755181         359      199,900.00  199,900.00      7.5   1,249.38   10/1/2004        79.99      0-29      6ML        5.375
4000167854       359       46,400.00   46,367.25     7.75     332.42   10/1/2004           80      0-29      FIX            0
33870247         359       38,350.00   38,326.77      8.5     294.88   10/1/2004           65      0-29      FIX            0
35150598         359      105,450.00  105,450.00      7.5     659.06   10/1/2004           95      0-29      6ML        5.875
4000163286       359      147,250.00  147,132.25    7.125     992.05   10/1/2004           95      0-29      6ML        5.875
34900852         359       62,500.00   62,462.13      8.5     480.58   10/1/2004          100      0-29      6ML        6.875
34525857         358      121,500.00  121,348.43    8.375     923.49   10/1/2004          100      0-29      6ML            5
34938324         359      157,250.00  157,130.34    7.375   1,086.09   10/1/2004           85      0-29      6ML        5.625
4000161031       359       87,400.00   87,324.76     6.75     566.87   10/1/2004           95      0-29      6ML        5.625
4000166018       359       76,950.00   76,897.04    7.875     557.94   11/1/2004           90      0-29      6ML        6.125
34995357         359      179,750.00  179,750.00    6.125     917.47   10/1/2004           80      0-29      6ML        4.625
35028109         358      320,000.00  319,361.46     6.25   1,970.30   10/1/2004           80      0-29      6ML          4.5
34267872         356       78,000.00   77,722.40    6.625     499.45    9/1/2004        55.71      0-29      6ML        3.125
4000153271       359      596,000.00  595,316.37     5.25   3,291.13   10/1/2004           80      0-29      FIX            0
35110576         359      216,250.00  216,250.00        7   1,261.46   10/1/2004        79.98      0-29      6ML         4.75
34991661         359      164,000.00  164,000.00    7.375   1,007.92   10/1/2004           80      0-29      6ML        4.375
35228659         359      119,000.00  118,993.75      7.5     743.75   10/1/2004          100      0-29      6ML        5.875
4000155285       358      192,000.00  192,000.00      5.5        880    9/1/2004           80      0-29      6ML          3.5
4000175393       359      142,500.00  142,401.94    7.875   1,033.22   10/1/2004           95      0-29      6ML        6.625
35205343         359      600,000.00  600,000.00    5.875   2,937.50   10/1/2004           60      0-29      6ML        2.875
35079698         359       78,500.00   78,445.98    7.875     569.18   10/1/2004          100      0-29      6ML            6
35010420         359      188,000.00  188,000.00      5.5     861.67   10/1/2004           80      0-29      6ML        3.375
35230127         359       40,000.00   39,976.98     8.75     314.69   10/1/2004           80      0-29      6ML        6.375
34914689         358      128,350.00  128,350.00        7     748.71    9/1/2004           85      0-29      6ML            5
4000166314       359      364,500.00  364,500.00    6.999   2,125.95   10/1/2004           90      0-29      6ML        5.375
4000172185       359      287,500.00  287,500.00    5.999   1,437.26   10/1/2004           80      0-29      6ML        4.125
34901686         359      129,200.00  129,106.49    7.625     914.47   10/1/2004           85      0-29      6ML         5.75
4000173038       359      364,500.00  364,201.17    6.999   2,424.78   10/1/2004           90      0-29      FIX            0
35016419         359      126,000.00  125,911.07     7.75     902.68   10/1/2004          100      0-29      6ML        6.375
4000171956       359      550,000.00  550,000.00     6.75   3,093.75   10/1/2004        78.57      0-29      6ML        3.875
34887992         358      134,300.00  134,132.24    8.375   1,020.78    9/1/2004           85      0-29      6ML        6.625
34995035         359      127,500.00  127,410.01     7.75     913.43   10/1/2004        89.79      0-29      6ML         5.75
4000157200       359      280,000.00  280,000.00    5.875   1,370.83   11/1/2004           80      0-29      6ML        3.875
33999970         356      320,000.00  319,850.00     6.75   1,800.00    9/1/2004           80      0-29      6ML         5.25
34898650         358       32,850.00   32,810.06      8.5     252.59    9/1/2004           90      0-29      6ML        6.375
35234798         359      121,600.00  121,497.84    6.875     798.83   10/1/2004           95      0-29      6ML        5.875
35083161         359       41,000.00   40,964.79     7.75     293.73   10/1/2004          100      0-29      6ML        6.375
4000169514       359      139,200.00  139,200.00    6.375      739.5   10/1/2004           80      0-29      6ML        4.375
34998351         359      115,200.00  115,200.00     7.25        696   10/1/2004           90      0-29      6ML        5.875
34996199         359      239,250.00  239,250.00    5.875   1,171.33   10/1/2004           80      0-29      6ML          3.5
34853218         359       59,900.00   59,900.00        7     349.42   10/1/2004        79.97      0-29      6ML            5
35147289         359      114,000.00  114,000.00    6.875     653.13   10/1/2004           80      0-29      6ML         4.75
34468264         359      674,400.00  674,400.00     5.99   3,366.38   10/1/2004           80      0-29      6ML        3.625
34414037         359      293,600.00  293,334.57      6.5   1,855.76   10/1/2004           80      0-29      6ML          4.5
34004374         359      360,000.00  359,704.91        7   2,395.09   10/1/2004           80      0-29      6ML        5.125
35102318         358      121,550.00  121,500.00        7     709.04    9/1/2004           85      0-29      6ML            5
33590894         356       45,050.00   44,924.74    7.875     326.65    9/1/2004           85      0-29      FIX            0
35090158         359      170,950.00  170,829.34     7.75   1,224.71   10/1/2004        84.63      0-29      FIX            0
4000163571       359      363,600.00  363,600.00     6.25   1,893.75   10/1/2004        92.99      0-29      6ML         5.25
34896662         359      135,650.00  135,650.00     7.25     819.55   10/1/2004        99.97      0-29      6ML        5.625
34900043         359      157,700.00  157,593.97     7.99   1,156.05   10/1/2004           95      0-29      6ML        6.625
4000170408       359       55,200.00   55,200.00        6        276   10/1/2004           80      0-29      6ML        4.375
34843599         359       85,950.00   85,487.27     6.99     571.26   10/1/2004         57.3      0-29      6ML        4.875
34756007         358      224,000.00  223,591.95      6.5   1,415.84    9/1/2004           80      0-29      6ML          4.5
35080290         359      110,300.00  110,300.00    6.625     608.95   10/1/2004        79.99      0-29      6ML        4.375
35197540         359      168,000.00  168,000.00    6.875      962.5   10/1/2004           80      0-29      6ML        4.625
35323997         359      134,300.00  134,300.00     6.75     755.44   10/1/2004        79.99      0-29      6ML         4.25
4000152305       359      267,000.00  267,000.00    6.875   1,529.69   10/1/2004         89.9      0-29      6ML        5.625
35069038         359      126,000.00  125,908.80    7.625     891.83   10/1/2004         75.9      0-29      6ML          4.5
34529156         359      110,400.00  110,313.87     7.25     753.13   10/1/2004           80      0-29      6ML        5.375
35243740         359      243,120.00  243,120.00    6.375   1,291.58   10/1/2004           80      0-29      FIX            0
34378216         359       76,600.00   76,541.71    7.375     529.06   10/1/2004        88.05      0-29      6ML        5.125
4000174183       359      524,000.00  524,000.00    6.125   2,674.58   10/1/2004           80      0-29      6ML         4.25
35142694         359      115,200.00  115,122.70        8      845.3   10/1/2004           80      0-29      FIX            0
35161728         359      130,500.00  130,500.00    7.375     802.03   10/1/2004           90      0-29      6ML            5
35112499         359       60,000.00   59,958.70    7.875     435.05   10/1/2004        51.28      0-29      FIX            0
35148378         358      143,920.00  143,705.71      7.5   1,006.31    9/1/2004           80      0-29      FIX            0
4000166624       359      115,900.00  115,822.24        8     850.43   10/1/2004           95      0-29      6ML          6.5
35108240         359       61,750.00   61,707.49    7.875     447.74   10/1/2004        65.69      0-29      FIX            0
4000178347       359      151,200.00  151,200.00     5.75      724.5   10/1/2004           80      0-29      6ML          4.5
35209444         359      392,000.00  391,709.07      7.5   2,740.93   10/1/2004        76.86      0-29      6ML         5.75
4000167715       179       44,500.00   44,356.53     6.75     393.78   10/1/2004        22.82      0-29      FIX            0
34652305         359       50,500.00   50,463.45    7.625     357.44   10/1/2004        70.14      0-29      FIX            0
33016502         359       64,600.00   64,557.74    8.125     479.66   10/1/2004           95      0-29      6ML          6.5
34974535         359       87,750.00   87,681.55     7.25     598.61   10/1/2004           65      0-29      6ML         4.75
35104918         359       94,400.00   94,310.43     6.25     581.24   10/1/2004           80      0-29      6ML            4
34791285         359      296,500.00  296,500.00    7.125   1,760.47   10/1/2004        63.76      0-29      6ML        4.875
4000176544       359      245,600.00  245,600.00     6.25   1,279.17   10/1/2004           80      0-29      6ML         4.25
35403666         359      149,000.00  148,217.26        8   1,093.31   10/1/2004          100      0-29      6ML            6
35069798         358      122,000.00  121,806.34    7.375     842.63    9/1/2004           80      0-29      6ML          4.5
34757302         358      124,000.00  124,000.00     6.75      697.5    9/1/2004           80      0-29      6ML          4.5
34733329         359      111,000.00  110,919.65    7.625     785.66   10/1/2004        50.68      0-29      FIX            0
35122829         359       46,000.00   45,962.21    7.125     309.92   10/1/2004        76.67      0-29      FIX            0
35029842         359      294,000.00  293,662.77     5.25   1,623.48   10/1/2004        77.37      0-29      6ML          3.5
34701052         359      218,450.00  218,450.00     6.75   1,228.78   10/1/2004        94.98      0-29      6ML        4.875
4000174211       359      129,600.00  129,300.00    6.999     755.89   10/1/2004        78.55      0-29      6ML            5
34863704         359      418,000.00  417,640.10     6.75   2,711.15   10/1/2004           95      0-29      6ML            5
34990150         358      135,000.00  134,783.42    7.125     909.53    9/1/2004        78.95      0-29      6ML        5.375
4000158701       359      115,000.00  114,838.38    6.875     755.47   10/1/2004        74.19      0-29      FIX            0
4000174568       359      243,750.00  243,750.00    5.625   1,142.58   10/1/2004           75      0-29      6ML         3.75
35402965         359      211,068.00  211,068.00    6.125   1,077.33   10/1/2004           80      0-29      6ML        4.375
34853291         359      143,200.00  143,200.00      6.5     775.67   10/1/2004           80      0-29      6ML          4.5
34652156         359       36,000.00   35,975.84        8     264.16   10/1/2004           80      0-29      6ML        5.375

<CAPTION>
             INITIAL  PERIODIC                           PREPAYMENT
  LOANID       CAP      CAP       FLOOR    CEILING          TERM                                PREPAYMENT PENALTY
--------------------------------------------------------------------------------------------------------------------------
<S>             <C>      <C>      <C>       <C>              <C>                        <C>
35008416        3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
34381087        0        0            0          0           36                              6 mo.s interest less 20% obal
34756429        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
34654806        0        0            0          0           36                              6 mo.s interest less 20% obal
35104934        3        1         5.99      11.99           24                              6 mo.s interest less 20% obal
34215996        3        1        6.125     12.125           36                         min (2% prepaid, 60 days interest)
4000168175      3        1        7.625     13.625           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000169786      0        0            0          0           36                              6 mo.s interest less 20% obal
4000166835      3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
34288233        3        1        6.875     12.875           36                              6 mo.s interest less 20% obal
34801399        1        1        5.875     11.875           24                              6 mo.s interest less 20% obal
35144500        3        1         6.25      12.25            0                                                       None
34755181        3        1          7.5       13.5           12                              6 mo.s interest less 20% obal
4000167854      0        0            0          0           36                                                 1% prepaid
33870247        0        0            0          0           36                              6 mo.s interest less 20% obal
35150598        3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
4000163286      3        1        7.125     13.125           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34900852        3        1          8.5       14.5           24                              6 mo.s interest less 20% obal
34525857        3        1        8.375     14.375           24                              6 mo.s interest less 20% obal
34938324        3        1        7.375     13.375           24                              6 mo.s interest less 20% obal
4000161031      3        1         6.75      12.75           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000166018      3        1        7.875     13.875           36                              6 mo.s interest less 20% obal
34995357        3        1        6.125     12.125           36                         min (2% prepaid, 60 days interest)
35028109        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
34267872        3        1        6.625     12.625           36                              6 mo.s interest less 20% obal
4000153271      0        0            0          0            0                                                       None
35110576        3        1            7         13           36                              6 mo.s interest less 20% obal
34991661        3        1        7.375     13.375           36                         min (2% prepaid, 60 days interest)
35228659        3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
4000155285      3        1          5.5       11.5           24                              6 mo.s interest less 20% obal
4000175393      3        1        7.875     13.875           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35205343        3        1        5.875     11.875           12                              6 mo.s interest less 20% obal
35079698        3        1        7.875     13.875            0                                                       None
35010420        3        1          5.5       11.5           24                              6 mo.s interest less 20% obal
35230127        3        1         8.75      14.75           24                              6 mo.s interest less 20% obal
34914689        3        1            7         13            0                                                       None
4000166314      3        1        6.999     12.999           24                              6 mo.s interest less 20% obal
4000172185      3        1        5.999     11.999           24                              6 mo.s interest less 20% obal
34901686        3        1        7.625     13.625           24                              6 mo.s interest less 20% obal
4000173038      0        0            0          0            0                                                       None
35016419        3        1         7.75      13.75           24                              6 mo.s interest less 20% obal
4000171956      3        1         6.75      12.75           12                              6 mo.s interest less 20% obal
34887992        3        1        8.375     14.375           24                              6 mo.s interest less 20% obal
34995035        3        1         7.75      13.75           36                              6 mo.s interest less 20% obal
4000157200      3        1        5.875     11.875           36                              6 mo.s interest less 20% obal
33999970        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
34898650        3        1          8.5       14.5           24                              6 mo.s interest less 20% obal
35234798        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
35083161        3        1         7.75      13.75           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000169514      3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
34998351        3        1         7.25      13.25           36                         min (2% prepaid, 60 days interest)
34996199        3        1        5.875     11.875           36                         min (2% prepaid, 60 days interest)
34853218        3        1            7         13           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35147289        3        1        6.875     12.875            0                                                       None
34468264        3        1         5.99      11.99           36                              6 mo.s interest less 20% obal
34414037        3        1          6.5       12.5           36                              6 mo.s interest less 20% obal
34004374        3        1            7         13            0                                                       None
35102318        3        1            7         13           36                              6 mo.s interest less 20% obal
33590894        0        0            0          0           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35090158        0        0            0          0           36                                                 1% prepaid
4000163571      3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
34896662        3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
34900043        3        1         7.99      13.99           24                              6 mo.s interest less 20% obal
4000170408      3        1            6         12           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34843599        3        1         6.99      12.99           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34756007        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
35080290        3        1        6.625     12.625            0                                                       None
35197540        3        1        6.875     12.875           36                              6 mo.s interest less 20% obal
35323997        3        1         6.75      12.75           36                              6 mo.s interest less 20% obal
4000152305      3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
35069038        3        1        7.625     13.625            0                                                       None
34529156        3        1         7.25      13.25           24                                                 2% prepaid
35243740        0        0            0          0           36                              6 mo.s interest less 20% obal
34378216        3        1        7.375     13.375           24                              6 mo.s interest less 20% obal
4000174183      3        1        6.125     12.125           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35142694        0        0            0          0            0                                                       None
35161728        3        1        7.375     13.375            0                                                       None
35112499        0        0            0          0           36                              6 mo.s interest less 20% obal
35148378        0        0            0          0           36                              6 mo.s interest less 20% obal
4000166624      3        1            8         14           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35108240        0        0            0          0            0                                                       None
4000178347      3        1         5.75      11.75           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35209444        3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
4000167715      0        0            0          0           36                              6 mo.s interest less 20% obal
34652305        0        0            0          0           36                              6 mo.s interest less 20% obal
33016502        3        1        8.125     14.125           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34974535        3        1         7.25      13.25           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35104918        3        1         6.25      12.25           36                              6 mo.s interest less 20% obal
34791285        3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
4000176544      3        1         6.25      12.25           36                              6 mo.s interest less 20% obal
35403666        3        1            8         14            0                                                       None
35069798        3        1        7.375     13.375            0                                                       None
34757302        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
34733329        0        0            0          0           36                              6 mo.s interest less 20% obal
35122829        0        0            0          0           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35029842        3        1         5.25      11.25           24                              6 mo.s interest less 20% obal
34701052        3        1         6.75      12.75            0                                                       None
4000174211      3        1        6.999     12.999           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34863704        3        1         6.75      12.75            0                                                       None
34990150        3        1        7.125     13.125           36                         min (2% prepaid, 60 days interest)
4000158701      0        0            0          0           36                                                 1% prepaid
4000174568      3        1        5.625     11.625           24                              6 mo.s interest less 20% obal
35402965        3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
34853291        3        1          6.5       12.5           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34652156        3        1            8         14           24                                                 2% prepaid

<CAPTION>
                                              PAYMENT
              FIRST RATE      RATE RESET       RESET                                  MI
  LOANID      RESET DATE       FREQUENCY     FREQUENCY  PURPOSE   DIV  IO    IOTERM  FLAG
-----------------------------------------------------------------------------------------
<S>           <C>                  <C>            <C>  <C>         <C>  <C>    <C>    <C>
35008416        8/1/2006           6              6    C/O Refi    N    Y      60     N
34381087      00/00/0000           0              0    C/O Refi    N    N       0     N
34756429        8/1/2006           6              6    C/O Refi    N    N       0     N
34654806      00/00/0000           0              0    C/O Refi    N    N       0     N
35104934        9/1/2006           6              6    Purchase    N    N       0     N
34215996        8/1/2006           6              6    Purchase    N    Y      60     N
4000168175      9/1/2006           6              6    R/T Refi    N    N       0     Y
4000169786    00/00/0000           0              0    Purchase    N    Y      60     N
4000166835      9/1/2009           6              6    Purchase    N    Y      60     N
34288233        9/1/2007           6              6    R/T Refi    N    Y      60     N
34801399        3/1/2005           6              6    Purchase    N    Y      60     N
35144500        9/1/2007           6              6    Purchase    N    Y      60     N
34755181        9/1/2006           6              6    Purchase    N    Y      60     N
4000167854    00/00/0000           0              0    C/O Refi    N    N       0     N
33870247      00/00/0000           0              0    C/O Refi    N    N       0     N
35150598        9/1/2006           6              6    Purchase    N    Y      60     Y
4000163286      9/1/2006           6              6    R/T Refi    N    N       0     N
34900852        9/1/2006           6              6    Purchase    N    N       0     N
34525857        8/1/2006           6              6    Purchase    N    N       0     N
34938324        9/1/2009           6              6    C/O Refi    N    N       0     N
4000161031      9/1/2006           6              6    Purchase    N    N       0     Y
4000166018      9/1/2007           6              6    Purchase    N    N       0     Y
34995357        9/1/2006           6              6    Purchase    N    Y      60     N
35028109        8/1/2006           6              6    C/O Refi    N    N       0     N
34267872        6/1/2007           6              6    C/O Refi    N    N       0     N
4000153271    00/00/0000           0              0    Purchase    N    N       0     N
35110576        9/1/2009           6              6    Purchase    N    Y      60     N
34991661        9/1/2009           6              6    C/O Refi    N    Y      60     N
35228659        9/1/2006           6              6    Purchase    N    Y      60     N
4000155285      8/1/2006           6              6    Purchase    N    Y      60     N
4000175393      9/1/2006           6              6    R/T Refi    N    N       0     N
35205343        9/1/2006           6              6    Purchase    N    Y      60     N
35079698        9/1/2006           6              6    R/T Refi    N    N       0     Y
35010420        9/1/2006           6              6    C/O Refi    N    Y      60     N
35230127        9/1/2006           6              6    Purchase    N    N       0     N
34914689        8/1/2006           6              6    C/O Refi    N    Y      60     N
4000166314      9/1/2006           6              6    Purchase    N    Y      60     Y
4000172185      9/1/2006           6              6    Purchase    N    Y      60     N
34901686        9/1/2006           6              6    C/O Refi    N    N       0     Y
4000173038    00/00/0000           0              0    Purchase    N    N       0     Y
35016419        9/1/2006           6              6    Purchase    N    N       0     N
4000171956      9/1/2006           6              6    Purchase    N    Y      60     N
34887992        8/1/2006           6              6    C/O Refi    N    N       0     Y
34995035        9/1/2007           6              6    C/O Refi    N    N       0     N
4000157200      9/1/2007           6              6    Purchase    N    Y      60     N
33999970        6/1/2006           6              6    Purchase    N    Y      60     N
34898650        8/1/2006           6              6    Purchase    N    N       0     Y
35234798        9/1/2006           6              6    Purchase    N    N       0     Y
35083161        9/1/2006           6              6    Purchase    N    N       0     Y
4000169514      9/1/2006           6              6    Purchase    N    Y      60     N
34998351        9/1/2006           6              6    C/O Refi    N    Y      60     Y
34996199        9/1/2009           6              6    Purchase    N    Y      60     N
34853218        9/1/2006           6              6    Purchase    N    Y      60     N
35147289        9/1/2006           6              6    Purchase    N    Y      60     N
34468264        9/1/2007           6              6    Purchase    N    Y      60     N
34414037        9/1/2009           6              6    Purchase    N    N       0     N
34004374        9/1/2007           6              6    C/O Refi    N    N       0     N
35102318        8/1/2007           6              6    Purchase    N    Y      60     N
33590894      00/00/0000           0              0    C/O Refi    N    N       0     N
35090158      00/00/0000           0              0    C/O Refi    N    N       0     Y
4000163571      9/1/2006           6              6    Purchase    N    Y      60     Y
34896662        9/1/2006           6              6    Purchase    N    Y      60     N
34900043        9/1/2006           6              6    C/O Refi    N    N       0     Y
4000170408      9/1/2006           6              6    Purchase    N    Y      60     N
34843599        9/1/2006           6              6    R/T Refi    N    N       0     N
34756007        8/1/2006           6              6    C/O Refi    N    N       0     N
35080290        9/1/2006           6              6    Purchase    N    Y      60     N
35197540        9/1/2009           6              6    Purchase    N    Y      60     N
35323997        9/1/2009           6              6    Purchase    N    Y      60     N
4000152305      9/1/2006           6              6    Purchase    N    Y      60     N
35069038        9/1/2009           6              6    R/T Refi    N    N       0     N
34529156        9/1/2006           6              6    Purchase    N    N       0     N
35243740      00/00/0000           0              0    Purchase    N    Y      60     N
34378216        9/1/2006           6              6    R/T Refi    N    N       0     Y
4000174183      9/1/2006           6              6    Purchase    N    Y      60     N
35142694      00/00/0000           0              0    R/T Refi    N    N       0     N
35161728        9/1/2007           6              6    Purchase    N    Y      60     Y
35112499      00/00/0000           0              0    Purchase    N    N       0     N
35148378      00/00/0000           0              0    Purchase    N    N       0     N
4000166624      9/1/2007           6              6    Purchase    N    N       0     Y
35108240      00/00/0000           0              0    C/O Refi    N    N       0     N
4000178347      9/1/2006           6              6    Purchase    N    Y      60     N
35209444        9/1/2006           6              6    C/O Refi    N    N       0     N
4000167715    00/00/0000           0              0    R/T Refi    N    N       0     N
34652305      00/00/0000           0              0    C/O Refi    N    N       0     N
33016502        9/1/2006           6              6    C/O Refi    N    N       0     Y
34974535        9/1/2006           6              6    R/T Refi    N    N       0     N
35104918        9/1/2009           6              6    Purchase    N    N       0     N
34791285        9/1/2006           6              6    R/T Refi    N    Y      60     N
4000176544      9/1/2007           6              6    Purchase    N    Y      60     N
35403666        9/1/2006           6              6    Purchase    N    N       0     N
35069798        8/1/2006           6              6    C/O Refi    N    N       0     N
34757302        8/1/2006           6              6    Purchase    N    Y      60     N
34733329      00/00/0000           0              0    R/T Refi    N    N       0     N
35122829      00/00/0000           0              0    C/O Refi    N    N       0     N
35029842        9/1/2006           6              6    C/O Refi    N    N       0     N
34701052        9/1/2006           6              6    Purchase    N    Y      60     Y
4000174211      9/1/2006           6              6    C/O Refi    N    Y      60     N
34863704        9/1/2009           6              6    C/O Refi    N    N       0     Y
34990150        8/1/2006           6              6    C/O Refi    N    N       0     N
4000158701    00/00/0000           0              0    Purchase    N    N       0     N
4000174568      9/1/2006           6              6    Purchase    N    Y      60     N
35402965        9/1/2006           6              6    Purchase    N    Y      60     N
34853291        9/1/2006           6              6    Purchase    N    Y      60     N
34652156        9/1/2006           6              6    Purchase    N    N       0     N
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
                                                          PROPERTY                    ORIGINAL ORIGINATION  FIRST PAY   MATURITY
  LOANID              CITY                 ZIP    STATE     TYPE       OCCUPANCY        TERM      DATE        DATE        DATE
--------------------------------------------------------------------------------------------------------------------------------
<S>           <C>                         <C>       <C>   <C>        <C>                <C>     <C>         <C>         <C>
35079862      CHARLOTTE                   28270     NC       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34865410      STOCKPORT                   12534     NY       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
34963645      ALLENTOWN                   18102     PA       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34239475      LOS LUNAS                   87031     NM       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34868851      BROOKLYN                    11234     NY    Units 2-4  Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
4000160608    SEATTLE                     98136     WA       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
35223163      LAKE MARY                   32746     FL       PUD     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
34529206      HARRISON                    72601     AR       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34886630      KISSIMMEE                   34759     FL       PUD     Owner Occupied     360      8/4/2004    9/1/2004   8/1/2034
4000170335    CLOVIS                      93612     CA       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35125087      MAYWOOD                     60153     IL       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
4000169423    BELLEVILLE                  48111     MI       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
35207349      HEMET                       92544     CA       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
4000173313    DETROIT                     48202     MI    Units 2-4  Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34017327      SPRING                      77379     TX       PUD     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34969220      CINCINNATI                  45246     OH       SFR     Owner Occupied     180      8/4/2004   10/1/2004   9/1/2019
35067388      WAXHAW                      28173     NC       SFR     Owner Occupied     360     7/26/2004    9/1/2004   8/1/2034
35109958      NORTH RICHLAND HILLS        76180     TX       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35189612      LOS ALAMITOS                90720     CA       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
34859041      MORRIS                      60450     IL       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
4000167935    ELK GROVE                   95758     CA       SFR     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
35284660      WEST MIDDLESEX              16159     PA       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35161074      MEMPHIS                     38118     TN       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
4000176418    LANSING                     48906     MI       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34936757      VANCOUVER                   98682     WA      Condo    Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
4000170734    FREMONT                     94538     CA      Condo    Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
35146422      ELLENWOOD                   30294     GA       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
34717025      UPLAND                      91786     CA      Condo    Owner Occupied     360     7/27/2004   10/1/2004   9/1/2034
34976472      CINCINNATI                  45233     OH       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
4000168139    ROCHESTER                   48307     MI       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
35246172      KATY                        77449     TX       PUD     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
4000172778    COLDWATER                   49036     MI       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000172693    VENTURA                     93003     CA       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
35186907      MONUMENT                    80132     CO       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34650523      ST CHARLES                  63304     MO       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
35067701      LADSON                      29456     SC       SFR     Owner Occupied     360      8/6/2004    9/1/2004   8/1/2034
4000178410    STOCKTON                    95212     CA       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
35090075      ALLEGAN                     49010     MI       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
35151307      FRANKLIN                    37064     TN       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
4000171945    LOS GATOS                   95032     CA       SFR        Investor        360     8/13/2004   10/1/2004   9/1/2034
33016783      INDIANAPOLIS                46227     IN       PUD     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
34860494      BELLEVILLE                  62220     IL       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
4000172186    ASHTABULA                   44004     OH       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34964650      CINCINNATI                  45255     OH       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
34970889      CLARKSBURG                  26301     WV       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
35234558      GULF BREEZE                 32563     FL       SFR        Investor        360     8/31/2004   10/1/2004   9/1/2034
35030469      ALBANY                      94706     CA       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
34952218      CORONA AREA                 92880     CA       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
4000170158    TAMARAC                     33321     FL       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
34659896      THORNTON                    80229     CO       PUD     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35161223      AUBURN                      30011     GA       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35264225      HIGHLAND                    92346     CA       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
34830950      BROCKTON                     2301     MA    Units 2-4  Owner Occupied     360     7/22/2004    9/1/2004   8/1/2034
4000146294    SUN VALLEY                  91352     CA       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
4000179387    WEST PALM BEACH             33406     FL       PUD     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
4000162443    PERKIOMENVILLE              18074     PA       PUD     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
33018003      RICHMOND                    47374     IN       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34990382      LIVONIA TOWNSHIP            55398     MN       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
35265941      RIVERSIDE                   92505     CA       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
4000146394    SANTA FE                    87507     NM       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
34719955      LAKE ELSINORE               92532     CA       PUD     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
4000164105    TACOMA                      98444     WA       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
35102425      EL PASO                     79902     TX       SFR        Investor        180      8/4/2004   10/1/2004   9/1/2019
34963546      PITTSBURGH                  15224     PA       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34858258      NAPERVILLE                  60564     IL      Condo    Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34991968      ISANTI                      55040     MN       SFR     Owner Occupied     360      8/5/2004    9/1/2004   8/1/2034
34699298      PEMBROKE PINES              33028     FL       PUD     Owner Occupied     360      8/5/2004    9/1/2004   8/1/2034
35182526      HEMET AREA                  92544     CA       SFR     Owner Occupied     360     7/26/2004    9/1/2004   8/1/2034
35128024      WACONIA                     55387     MN       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35110766      DENTON                      76210     TX       PUD     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
35187293      SAN BERNARDINO              92376     CA       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
35194422      SAN BERNARDINO              92410     CA       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
35029180      WHITTIER                    90601     CA    Units 2-4  Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
35283316      EDISON                       8817     NJ       SFR     Owner Occupied     360     8/14/2004   10/1/2004   9/1/2034
34963942      SEWICKLEY                   15143     PA       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
4000171999    SANTA ANA                   92705     CA       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
34844787      CHICAGO                     60617     IL       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
4000166130    FRUITPORT                   49415     MI       SFR     Owner Occupied     360      8/2/2004    9/1/2004   8/1/2034
35134279      PLAINFIELD                  60544     IL       PUD     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35110204      ROWLETT                     75089     TX       PUD     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34888636      MELBOURNE                   32901     FL      Condo    Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
4000168503    STOCKTON                    95206     CA       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
34998443      BUFFALO                     55313     MN       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35282177      COATESVILLE                 19320     PA       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
35030444      LA PUENTE                   91744     CA       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
4000168464    REEDLEY                     93654     CA       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
4000163982    GRAND RAPIDS                49505     MI       SFR     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
35265495      SAN BERNARDINO              92406     CA       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35130293      SOUTH ELGIN                 60177     IL       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
35193028      WATERFORD                   95386     CA       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
4000168544    SAN JOSE                    95133     CA      Condo    Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
35125301      CICERO                      60804     IL       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
33018862      PORTAGE                     46368     IN       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
35190784      SAN DIEGO                   92139     CA       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34965384      MORROW                      45152     OH       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
4000150396    MIDDLETON                   53562     WI    Units 2-4  Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
4000173951    MOUNTAIN VIEW               94040     CA      Condo    Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35187319      LANCASTER                   93534     CA       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
4000172668    EL DORADO HILLS             95762     CA       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
4000167060    MERCED                      95340     CA    Units 2-4     Investor        180     7/29/2004   10/1/2004   9/1/2019
34699058      PORT SAINT LUCIE            34953     FL       SFR     Owner Occupied     360      8/5/2004    9/1/2004   8/1/2034
4000175137    STOCKTON                    95212     CA       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
4000174484    STANDISH                     4084     ME    Units 2-4  Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
34718957      FONTANA                     92336     CA       SFR     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
4000171553    SAN CLEMENTE                92673     CA       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034

<CAPTION>
                                                                                      ORIGINAL
                                                                                      COMBAINED
              REMAINING     ORIGINAL   SCHEDULED                       PAID THRU       LOAN TO      OTS
  LOANID        TERM        BALANCE     BALANCE      RATE      P&I        DATE          VALUE   DELINQUENCY INDEX       MARGIN
------------------------------------------------------------------------------------------------------------------------------
<S>              <C>      <C>         <C>           <C>     <C>        <C>              <C>        <C>       <C>        <C>
35079862         359      160,000.00  159,889.88    7.875   1,160.12   10/1/2004          100      0-29      6ML         5.25
34865410         359      114,000.00  113,921.55    7.875     826.58   10/1/2004           95      0-29      FIX            0
34963645         359       90,000.00   89,939.48     7.99     659.77   10/1/2004          100      0-29      6ML            6
34239475         359      216,000.00  215,872.47    8.625   1,680.03   10/1/2004           80      0-29      FIX            0
34868851         359      409,500.00  409,129.81      6.5   2,588.32   10/1/2004           90      0-29      6ML        5.125
4000160608       359      240,000.00  240,000.00    6.625   1,325.00   10/1/2004         91.6      0-29      6ML        4.875
35223163         359      100,500.00  100,406.92    6.375     626.99   10/1/2004        58.09      0-29      FIX            0
34529206         359       67,500.00   67,463.12        9     543.13   10/1/2004           90      0-29      FIX            0
34886630         358      127,000.00  126,920.21     7.75     820.21    9/1/2004        93.73      0-29      6ML        6.125
4000170335       359      174,400.00  174,400.00    5.875     853.83   10/1/2004           80      0-29      6ML        3.875
35125087         359      110,000.00  109,905.29     6.75     713.46   10/1/2004         71.9      0-29      FIX            0
4000169423       359      131,800.00  131,674.94     6.25     811.52   10/1/2004        74.73      0-29      6ML          4.5
35207349         359      327,250.00  327,250.00    7.375   2,011.22   10/1/2004           85      0-29      6ML        5.875
4000173313       359       58,400.00   58,400.00    7.625     371.08   10/1/2004           80      0-29      6ML        5.375
34017327         359      100,000.00   99,931.18    7.875     725.07   10/1/2004           80      0-29      6ML          5.5
34969220         179       50,000.00   49,858.67     8.25     485.08   10/1/2004        66.67      0-29      FIX            0
35067388         358       79,750.00   79,625.19     7.25     544.04    9/1/2004        64.51      0-29      6ML        5.125
35109958         359      100,000.00   99,915.99    6.875     656.93   10/1/2004        74.07      0-29      6ML        4.375
35189612         359      559,200.00  559,200.00     6.99   3,257.34   10/1/2004           80      0-29      6ML        5.125
34859041         359      115,200.00  115,107.87    7.125     776.13   10/1/2004        79.45      0-29      6ML            5
4000167935       359      362,350.00  362,350.00    6.375   1,924.98   10/1/2004        79.99      0-29      6ML        3.875
35284660         359       87,300.00   87,224.83     6.75     566.23   10/1/2004           90      0-29      6ML        5.125
35161074         359       67,900.00   67,854.44        8     498.23   10/1/2004          100      0-29      FIX            0
4000176418       359      133,000.00  132,908.47    7.875     964.34   10/1/2004           95      0-29      6ML          6.5
34936757         359      101,500.00  101,401.34    6.125     616.73   10/1/2004        79.92      0-29      6ML         3.75
4000170734       359      249,600.00  249,600.00    5.875   1,222.00   10/1/2004           80      0-29      6ML        3.375
35146422         359      121,500.00  121,431.88    8.875     966.71   10/1/2004           90      0-29      6ML        6.875
34717025         359      150,000.00  149,899.35        8   1,100.65   10/1/2004        85.71      0-29      FIX            0
34976472         359       40,000.00   39,977.57    8.875     318.26   10/1/2004          100      0-29      6ML         7.25
4000168139       359      197,000.00  196,864.42    7.875   1,428.39   10/1/2004          100      0-29      6ML         6.25
35246172         359       71,200.00   71,149.74     7.75     510.09   10/1/2004           80      0-29      6ML        5.625
4000172778       359      128,700.00  128,606.19     7.75     922.02   10/1/2004           90      0-29      6ML        6.125
4000172693       359      363,200.00  363,200.00    5.999   1,815.70   10/1/2004           80      0-29      6ML        4.125
35186907         359      220,000.00  220,000.00     6.75   1,237.50   10/1/2004           80      0-29      6ML        5.125
34650523         359      116,800.00  116,696.94    6.625     747.89   10/1/2004           80      0-29      6ML        4.625
35067701         358      146,700.00  146,530.58     8.75   1,154.09    9/1/2004           90      0-29      6ML            7
4000178410       359      379,000.00  379,000.00    7.125   2,250.31   10/1/2004          100      0-29      6ML         5.75
35090075         359      102,000.00  101,938.20      8.5      784.3   10/1/2004           85      0-29      6ML        6.625
35151307         359      137,600.00  137,487.21        7     915.46   10/1/2004           80      0-29      6ML        5.375
4000171945       359      550,000.00  550,000.00     6.75   3,093.75   10/1/2004        78.57      0-29      6ML        3.875
33016783         359      100,000.00   99,931.18    7.875     725.07   10/1/2004          100      0-29      6ML        5.125
34860494         359       56,000.00   55,950.59    6.625     358.58   10/1/2004           80      0-29      FIX            0
4000172186       359      120,500.00  120,414.95     7.75     863.28   10/1/2004        84.86      0-29      6ML        6.125
34964650         359      103,450.00  103,365.20        7     688.26   10/1/2004           95      0-29      6ML          5.5
34970889         359       40,000.00   39,968.79     7.25     272.88   10/1/2004        61.54      0-29      6ML        4.875
35234558         359       84,700.00   84,700.00    7.375     520.55   10/1/2004        79.98      0-29      6ML        4.375
35030469         359      363,200.00  363,200.00    6.125   1,853.83   10/1/2004           80      0-29      6ML        4.125
34952218         359      336,750.00  336,750.00    5.625   1,578.52   10/1/2004           80      0-29      6ML        3.625
4000170158       359      176,000.00  175,859.26    7.125   1,185.74   10/1/2004           80      0-29      6ML        5.625
34659896         359      174,400.00  174,300.00    6.375      926.5   10/1/2004           80      0-29      6ML         4.25
35161223         359      140,000.00  140,000.00      6.5     758.33   10/1/2004           80      0-29      6ML        3.875
35264225         359      360,000.00  360,000.00      6.5   1,950.00   10/1/2004           90      0-29      6ML         4.75
34830950         358      280,000.00  280,000.00    6.125   1,429.17    9/1/2004           80      0-29      6ML         4.25
4000146294       359      153,000.00  152,861.69      6.5     967.06   10/1/2004        48.42      0-29      FIX            0
4000179387       359      155,000.00  155,000.00    7.625      984.9   10/1/2004          100      0-29      6ML            6
4000162443       359      139,900.00  139,900.00      5.5     641.21   10/1/2004        79.99      0-29      6ML         3.75
33018003         359       81,000.00   80,931.94    6.875     532.12   10/1/2004          100      0-29      6ML          5.5
34990382         359      212,450.00  212,450.00     5.75   1,017.99   10/1/2004        79.98      0-29      6ML        3.875
35265941         359      240,000.00  239,998.42     6.25   1,250.00   10/1/2004           80      0-29      6ML            4
4000146394       359      181,600.00  181,538.28     5.75     870.17   10/1/2004           80      0-29      6ML        4.375
34719955         358      286,300.00  286,300.00    6.875   1,640.26   10/1/2004        79.99      0-29      6ML        4.625
4000164105       359      147,000.00  146,898.84    7.875   1,065.85   10/1/2004        84.97      0-29      6ML        6.125
35102425         179       20,000.00   19,944.09    8.375     195.49   10/1/2004        89.89      0-29      FIX            0
34963546         359       55,000.00   54,967.52    8.625     427.79   10/1/2004          100      0-29      FIX            0
34858258         359      167,400.00  167,262.78        7   1,113.72   10/1/2004           90      0-29      6ML          5.5
34991968         358      151,900.00  151,650.24        7   1,010.60    9/1/2004        79.99      0-29      6ML        5.375
34699298         358      715,000.00  715,000.00    7.625   4,543.23    9/1/2004        77.96      0-29      6ML         5.25
35182526         358      208,000.00  207,594.62    6.125   1,263.84    9/1/2004           80      0-29      6ML         4.25
35128024         359      231,000.00  230,836.96     7.75   1,654.92   10/1/2004          100      0-29      6ML         5.25
35110766         359      148,600.00  148,600.00     6.25     773.96   10/1/2004        79.98      0-29      6ML        4.375
35187293         359      200,000.00  200,000.00     5.99     998.33   10/1/2004           80      0-29      6ML        3.625
35194422         359      131,750.00  131,750.00     6.99     767.44   10/1/2004           85      0-29      6ML        5.125
35029180         358      360,000.00  360,000.00     5.75   1,725.00    9/1/2004           80      0-29      6ML         3.75
35283316         359      308,750.00  308,484.17     6.75   2,002.55   10/1/2004           95      0-29      6ML          5.5
34963942         359      139,900.00  139,900.00     6.75     786.94   10/1/2004          100      0-29      6ML            5
4000171999       359      675,000.00  674,294.38     5.75   3,939.12   10/1/2004           75      0-29      6ML          3.5
34844787         359      103,200.00  103,200.00     6.25      537.5   10/1/2004           80      0-29      6ML            4
4000166130       358       88,000.00   87,828.50    6.125      534.7   10/1/2004           80      0-29      6ML        4.625
35134279         359      167,150.00  166,998.89      6.5   1,056.51   10/1/2004        79.98      0-29      6ML        4.875
35110204         359      228,700.00  228,700.00        6   1,143.50   10/1/2004        79.99      0-29      6ML         3.75
34888636         359      128,250.00  128,154.81      7.5     896.75   10/1/2004           95      0-29      6ML         5.75
4000168503       359      207,000.00  207,000.00    6.875   1,185.94   10/1/2004        84.49      0-29      6ML        4.625
34998443         359      175,200.00  175,200.00    6.625     967.25   10/1/2004           80      0-29      6ML         4.75
35282177         359      152,950.00  152,950.00     6.75     860.34   10/1/2004           95      0-29      6ML        5.375
35030444         359      350,000.00  350,000.00     7.75   2,260.42   10/1/2004          100      0-29      6ML         5.25
4000168464       359      146,000.00  146,000.00    7.375     897.29   10/1/2004        74.87      0-29      6ML         4.75
4000163982       358       95,000.00   94,886.31    8.625      738.9    9/1/2004           95      0-29      6ML          6.5
35265495         359      190,950.00  190,797.30    7.125   1,286.47   10/1/2004           95      0-29      FIX            0
35130293         359      142,000.00  141,874.71    6.625     909.25   10/1/2004         77.6      0-29      6ML        4.125
35193028         359      172,400.00  172,400.00     5.99     860.56   10/1/2004           80      0-29      6ML         4.25
4000168544       359      219,200.00  219,200.00    5.625   1,027.50   10/1/2004           80      0-29      6ML          3.5
35125301         359      160,000.00  159,881.25      7.5   1,118.75   10/1/2004           80      0-29      6ML            5
33018862         359      125,000.00  124,922.30    8.375      950.1   10/1/2004          100      0-29      FIX            0
35190784         359      440,000.00  440,000.00    6.875   2,520.83   10/1/2004          100      0-29      6ML        5.125
34965384         359      520,000.00  520,000.00     6.75   2,925.00   10/1/2004           80      0-29      6ML        4.875
4000150396       359      194,500.00  194,340.54    6.999   1,293.88   10/1/2004        94.88      0-29      6ML        5.625
4000173951       359      215,000.00  215,000.00    6.875   1,231.77   10/1/2004          100      0-29      6ML        5.125
35187319         359      213,750.00  213,613.69     8.25   1,605.84   10/1/2004           95      0-29      6ML         4.75
4000172668       359      308,000.00  308,000.00    6.375   1,636.25   10/1/2004           80      0-29      6ML        4.625
4000167060       179      266,000.00  265,151.63    6.875   2,372.33   10/1/2004         66.5      0-29      FIX            0
34699058         358      108,768.00  108,768.00    6.625     600.49    9/1/2004           80      0-29      6ML        4.625
4000175137       359      419,250.00  419,250.00      6.5   2,270.94   10/1/2004           95      0-29      6ML         5.25
4000174484       359      180,500.00  180,359.19     7.25   1,231.33   10/1/2004        76.81      0-29      6ML          5.5
34718957         359      206,500.00  206,308.73    6.375   1,288.30   10/1/2004        66.61      0-29      6ML        4.125
4000171553       359      715,000.00  715,000.00    6.125   3,649.48   10/1/2004        75.86      0-29      6ML            4

<CAPTION>
             INITIAL  PERIODIC                           PREPAYMENT
  LOANID       CAP      CAP       FLOOR    CEILING          TERM                                PREPAYMENT PENALTY
--------------------------------------------------------------------------------------------------------------------------
<S>             <C>      <C>      <C>       <C>              <C>                        <C>
35079862        3        1        7.875     13.875            0                                                       None
34865410        0        0            0          0           12                              6 mo.s interest less 20% obal
34963645        3        1         7.99      13.99           24                              6 mo.s interest less 20% obal
34239475        0        0            0          0            0                                                       None
34868851        3        1          6.5       12.5            0                                                       None
4000160608      3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
35223163        0        0            0          0           36                              6 mo.s interest less 20% obal
34529206        0        0            0          0           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34886630        3        1         7.75      13.75           36                              6 mo.s interest less 20% obal
4000170335      3        1        5.875     11.875           36                              6 mo.s interest less 20% obal
35125087        0        0            0          0            0                                                       None
4000169423      3        1         6.25      12.25           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35207349        3        1        7.375     13.375           36                              6 mo.s interest less 20% obal
4000173313      3        1        7.625     13.625           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34017327        3        1        7.875     13.875            0                                                       None
34969220        0        0            0          0           36                                                 1% prepaid
35067388        3        1         7.25      13.25            0                                                       None
35109958        3        1        6.875     12.875            0                                                       None
35189612        3        1         6.99      12.99           24                              6 mo.s interest less 20% obal
34859041        3        1        7.125     13.125           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000167935      3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
35284660        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
35161074        0        0            0          0           36                              6 mo.s interest less 20% obal
4000176418      3        1        7.875     13.875           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34936757        3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
4000170734      3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
35146422        3        1        8.875     14.875            0                                                       None
34717025        0        0            0          0           24                              6 mo.s interest less 20% obal
34976472        3        1        8.875     14.875           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000168139      3        1        7.875     13.875           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35246172        3        1         7.75      13.75            0                                                       None
4000172778      3        1         7.75      13.75           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000172693      3        1        5.999     11.999           24                              6 mo.s interest less 20% obal
35186907        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
34650523        3        1        6.625     12.625           24                                                 2% prepaid
35067701        3        1         8.75      14.75            0                                                       None
4000178410      3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
35090075        3        1          8.5       14.5           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35151307        3        1            7         13           24                              6 mo.s interest less 20% obal
4000171945      3        1         6.75      12.75           12                              6 mo.s interest less 20% obal
33016783        3        1        7.875     13.875           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34860494        0        0            0          0            0                                                       None
4000172186      3        1         7.75      13.75           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34964650        3        1            7         13           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34970889        3        1         7.25      13.25            0                                                       None
35234558        3        1        7.375     13.375           24                              6 mo.s interest less 20% obal
35030469        3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
34952218        3        1        5.625     11.625           24                              6 mo.s interest less 20% obal
4000170158      3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
34659896        3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
35161223        3        1          6.5       12.5            0                                                       None
35264225        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
34830950        3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
4000146294      0        0            0          0           36                              6 mo.s interest less 20% obal
4000179387      3        1        7.625     13.625           24                              6 mo.s interest less 20% obal
4000162443      3        1          5.5       11.5           36                              6 mo.s interest less 20% obal
33018003        3        1        6.875     12.875           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34990382        3        1         5.75      11.75           24                         min (2% prepaid, 60 days interest)
35265941        3        1         6.25      12.25           36                              6 mo.s interest less 20% obal
4000146394      3        1         5.75      11.75            0                                                       None
34719955        3        1        6.875     12.875           12                              6 mo.s interest less 20% obal
4000164105      3        1        7.875     13.875           24                              6 mo.s interest less 20% obal
35102425        0        0            0          0           36                              6 mo.s interest less 20% obal
34963546        0        0            0          0           36                              6 mo.s interest less 20% obal
34858258        3        1            7         13           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34991968        3        1            7         13           24                         min (2% prepaid, 60 days interest)
34699298        3        1        7.625     13.625           24                              6 mo.s interest less 20% obal
35182526        3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
35128024        3        1         7.75      13.75           36                         min (2% prepaid, 60 days interest)
35110766        3        1         6.25      12.25           36                              6 mo.s interest less 20% obal
35187293        3        1         5.99      11.99           36                              6 mo.s interest less 20% obal
35194422        3        1         6.99      12.99           36                              6 mo.s interest less 20% obal
35029180        3        1         5.75      11.75           24                              6 mo.s interest less 20% obal
35283316        3        1         6.75      12.75            0                                                       None
34963942        3        1         6.75      12.75           36                              6 mo.s interest less 20% obal
4000171999      3        1         5.75      11.75           24                              6 mo.s interest less 20% obal
34844787        3        1         6.25      12.25           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000166130      3        1        6.125     12.125           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35134279        3        1          6.5       12.5           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35110204        3        1            6         12           36                              6 mo.s interest less 20% obal
34888636        3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
4000168503      3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
34998443        3        1        6.625     12.625           24                         min (2% prepaid, 60 days interest)
35282177        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
35030444        3        1         7.75      13.75            0                                                       None
4000168464      3        1        7.375     13.375           36                              6 mo.s interest less 20% obal
4000163982      3        1        8.625     14.625           12                              3%/2%/1%-1st yr/2nd yr/3rd yr
35265495        0        0            0          0           36                              6 mo.s interest less 20% obal
35130293        3        1        6.625     12.625           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35193028        3        1         5.99      11.99           24                              6 mo.s interest less 20% obal
4000168544      3        1        5.625     11.625           24                              6 mo.s interest less 20% obal
35125301        3        1          7.5       13.5            0                                                       None
33018862        0        0            0          0           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35190784        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
34965384        3        1         6.75      12.75           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000150396      3        1        6.999     12.999           36                              6 mo.s interest less 20% obal
4000173951      3        1        6.875     12.875           36                              6 mo.s interest less 20% obal
35187319        3        1         8.25      14.25           24                              6 mo.s interest less 20% obal
4000172668      3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
4000167060      0        0            0          0           36                              6 mo.s interest less 20% obal
34699058        3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
4000175137      3        1          6.5       12.5           12                              6 mo.s interest less 20% obal
4000174484      3        1         7.25      13.25            0                                                       None
34718957        3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
4000171553      3        1        6.125     12.125           24                              6 mo.s interest less 20% obal

<CAPTION>
                                              PAYMENT
              FIRST RATE      RATE RESET       RESET                                  MI
  LOANID      RESET DATE       FREQUENCY     FREQUENCY  PURPOSE   DIV  IO    IOTERM  FLAG
-----------------------------------------------------------------------------------------
<S>           <C>                  <C>            <C>  <C>         <C>  <C>    <C>    <C>
35079862        9/1/2007           6              6    Purchase    N    N       0     N
34865410      00/00/0000           0              0    C/O Refi    N    N       0     N
34963645        9/1/2006           6              6    Purchase    N    N       0     N
34239475      00/00/0000           0              0    R/T Refi    N    N       0     N
34868851        9/1/2006           6              6    C/O Refi    N    N       0     Y
4000160608      9/1/2006           6              6    C/O Refi    N    Y      60     N
35223163      00/00/0000           0              0    C/O Refi    N    N       0     N
34529206      00/00/0000           0              0    C/O Refi    N    N       0     N
34886630        8/1/2007           6              6    Purchase    N    Y      60     Y
4000170335      9/1/2007           6              6    Purchase    N    Y      60     N
35125087      00/00/0000           0              0    C/O Refi    N    N       0     N
4000169423      9/1/2006           6              6    R/T Refi    N    N       0     N
35207349        9/1/2006           6              6    C/O Refi    N    Y      60     N
4000173313      9/1/2006           6              6    C/O Refi    N    Y      60     N
34017327        9/1/2006           6              6    C/O Refi    N    N       0     N
34969220      00/00/0000           0              0    C/O Refi    N    N       0     N
35067388        8/1/2007           6              6    R/T Refi    N    N       0     N
35109958        9/1/2006           6              6    C/O Refi    N    N       0     N
35189612        9/1/2006           6              6    Purchase    N    Y      60     N
34859041        9/1/2006           6              6    R/T Refi    N    N       0     N
4000167935      9/1/2009           6              6    Purchase    N    Y      60     N
35284660        9/1/2006           6              6    C/O Refi    N    N       0     Y
35161074      00/00/0000           0              0    Purchase    N    N       0     N
4000176418      9/1/2006           6              6    R/T Refi    N    N       0     N
34936757        9/1/2006           6              6    C/O Refi    N    N       0     N
4000170734      9/1/2006           6              6    Purchase    N    Y      60     N
35146422        9/1/2006           6              6    C/O Refi    N    N       0     Y
34717025      00/00/0000           0              0    C/O Refi    N    N       0     Y
34976472        9/1/2006           6              6    Purchase    N    N       0     N
4000168139      9/1/2006           6              6    R/T Refi    N    N       0     N
35246172        9/1/2006           6              6    C/O Refi    N    N       0     N
4000172778      9/1/2006           6              6    R/T Refi    N    N       0     N
4000172693      9/1/2006           6              6    Purchase    N    Y      60     N
35186907        9/1/2006           6              6    Purchase    N    Y      60     N
34650523        9/1/2006           6              6    C/O Refi    N    N       0     N
35067701        8/1/2006           6              6    Purchase    N    N       0     Y
4000178410      9/1/2006           6              6    Purchase    N    Y      60     N
35090075        9/1/2006           6              6    C/O Refi    N    N       0     Y
35151307        9/1/2006           6              6    Purchase    N    N       0     N
4000171945      9/1/2006           6              6    Purchase    N    Y      60     N
33016783        9/1/2006           6              6    Purchase    N    N       0     N
34860494      00/00/0000           0              0    C/O Refi    N    N       0     N
4000172186      9/1/2006           6              6    R/T Refi    N    N       0     Y
34964650        9/1/2006           6              6    Purchase    N    N       0     Y
34970889        9/1/2007           6              6    C/O Refi    N    N       0     N
35234558        9/1/2009           6              6    Purchase    N    Y      60     N
35030469        9/1/2006           6              6    Purchase    N    Y      60     N
34952218        9/1/2006           6              6    Purchase    N    Y      60     N
4000170158      9/1/2006           6              6    Purchase    N    N       0     N
34659896        9/1/2006           6              6    C/O Refi    N    Y      60     N
35161223        9/1/2009           6              6    Purchase    N    Y      60     N
35264225        9/1/2006           6              6    C/O Refi    N    Y      60     Y
34830950        8/1/2006           6              6    Purchase    N    Y      60     N
4000146294    00/00/0000           0              0    R/T Refi    N    N       0     N
4000179387      9/1/2006           6              6    Purchase    N    Y      60     N
4000162443      9/1/2009           6              6    Purchase    N    Y      60     N
33018003        9/1/2006           6              6    Purchase    N    N       0     N
34990382        9/1/2006           6              6    Purchase    N    Y      60     N
35265941        9/1/2009           6              6    Purchase    N    Y      60     N
4000146394      9/1/2007           6              6    Purchase    N    Y      60     N
34719955        8/1/2006           6              6    Purchase    N    Y      60     N
4000164105      9/1/2006           6              6    C/O Refi    N    N       0     Y
35102425      00/00/0000           0              0    Purchase    N    N       0     Y
34963546      00/00/0000           0              0    Purchase    N    N       0     Y
34858258        9/1/2006           6              6    C/O Refi    N    N       0     N
34991968        8/1/2006           6              6    Purchase    N    N       0     N
34699298        8/1/2006           6              6    Purchase    N    Y      60     N
35182526        8/1/2006           6              6    C/O Refi    N    N       0     N
35128024        9/1/2006           6              6    C/O Refi    N    N       0     Y
35110766        9/1/2007           6              6    Purchase    N    Y      60     N
35187293        9/1/2009           6              6    Purchase    N    Y      60     N
35194422        9/1/2007           6              6    C/O Refi    N    Y      60     N
35029180        8/1/2006           6              6    Purchase    N    Y      60     N
35283316        9/1/2006           6              6    C/O Refi    N    N       0     Y
34963942        9/1/2007           6              6    Purchase    N    Y      60     N
4000171999      9/1/2006           6              6    C/O Refi    N    N       0     N
34844787        9/1/2006           6              6    Purchase    N    Y      60     N
4000166130      8/1/2006           6              6    Purchase    N    N       0     N
35134279        9/1/2006           6              6    Purchase    N    N       0     N
35110204        9/1/2009           6              6    Purchase    N    Y      60     N
34888636        9/1/2006           6              6    Purchase    N    N       0     Y
4000168503      9/1/2006           6              6    C/O Refi    N    Y      60     N
34998443        9/1/2006           6              6    Purchase    N    Y      60     N
35282177        9/1/2006           6              6    Purchase    N    Y      60     Y
35030444        9/1/2006           6              6    Purchase    N    Y      60     N
4000168464      9/1/2007           6              6    C/O Refi    N    Y      60     N
4000163982      8/1/2006           6              6    C/O Refi    N    N       0     Y
35265495      00/00/0000           0              0    Purchase    N    N       0     Y
35130293        9/1/2007           6              6    C/O Refi    N    N       0     N
35193028        9/1/2006           6              6    Purchase    N    Y      60     N
4000168544      9/1/2006           6              6    Purchase    N    Y      60     N
35125301        9/1/2006           6              6    C/O Refi    N    N       0     N
33018862      00/00/0000           0              0    Purchase    N    N       0     N
35190784        9/1/2006           6              6    Purchase    N    Y      60     N
34965384        9/1/2006           6              6    Purchase    N    Y      60     N
4000150396      9/1/2006           6              6    R/T Refi    N    N       0     Y
4000173951      9/1/2006           6              6    Purchase    N    Y      60     N
35187319        9/1/2006           6              6    Purchase    N    N       0     Y
4000172668      9/1/2006           6              6    Purchase    N    Y      60     N
4000167060    00/00/0000           0              0    C/O Refi    N    N       0     N
34699058        8/1/2006           6              6    Purchase    N    Y      60     N
4000175137      9/1/2006           6              6    Purchase    N    Y      60     Y
4000174484      9/1/2006           6              6    R/T Refi    N    N       0     N
34718957        9/1/2006           6              6    C/O Refi    N    N       0     N
4000171553      9/1/2006           6              6    Purchase    N    Y      60     N
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
                                                          PROPERTY                    ORIGINAL ORIGINATION  FIRST PAY   MATURITY
  LOANID              CITY                 ZIP    STATE     TYPE       OCCUPANCY        TERM      DATE        DATE        DATE
--------------------------------------------------------------------------------------------------------------------------------
<S>           <C>                         <C>       <C>   <C>        <C>                <C>     <C>         <C>         <C>
35242478      KATY                        77449     TX       PUD     Owner Occupied     180     8/16/2004   10/1/2004   9/1/2019
34740001      TOOELE                      84074     UT       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
34961409      CATHEDRAL CITY              92234     CA       PUD     Owner Occupied     360     7/27/2004   10/1/2004   9/1/2034
34238410      RIO RICO                    85648     AZ       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
34979021      LOUISVILLE                  40216     KY       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
34856104      CHICAGO                     60631     IL      Condo    Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
34990739      COTTAGE GROVE               55016     MN       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
35111681      MANSFIELD                   76063     TX       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
35248863      KATY                        77494     TX       PUD     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34991141      LESTER PRAIRIE              55354     MN       SFR     Owner Occupied     360      8/4/2004    9/1/2004   8/1/2034
34868794      SANFORD                     13754     NY       SFR     Owner Occupied     180     8/26/2004   10/1/2004   9/1/2019
4000169712    ASHBURN                     20147     VA       PUD     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35342336      GAITHERSBURG                20882     MD       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
35152800      CANTON                      30115     GA       PUD     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35190131      PERRIS                      92571     CA       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
4000173577    TEMECULA                    92591     CA       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
4000163253    DETROIT                     48209     MI    Units 2-4  Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
4000168743    NILES                       44446     OH       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34999482      EAGAN                       55121     MN       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
4000170378    ARLINGTON                   98223     WA       PUD     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
34934216      BEND                        97701     OR       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
4000161224    WINDSOR                     95492     CA       PUD     Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
4000171558    ANAHEIM                     92801     CA       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000160714    SAVANAH                     31405     GA      Condo    Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
34988063      GOLDEN VALLEY               55427     MN       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
4000174179    PHOENIX                     85043     AZ       PUD     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35222017      HIALEAH                     33016     FL       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
35303353      GARDNERVILLE                89460     NV       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
35154483      COVINGTON                   30016     GA       PUD     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
35206507      CARLSBAD                    92009     CA       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34525030      STILLWELL                   66085     KS       SFR     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
34968602      GREEN SPRINGS               44836     OH       SFR     Owner Occupied     360      8/2/2004    9/1/2004   8/1/2034
34757286      FAYETTEVILLE                17222     PA       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
34718338      BANNING                     92220     CA       SFR     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
34832964      EAST BRIDGEWATER             2333     MA    Units 2-4  Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
34900084      LONGWOOD                    32750     FL       SFR     Owner Occupied     360      8/3/2004    9/1/2004   8/1/2034
35009810      LITTLETON                   80123     CO       SFR     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
4000165922    MORLEY                      49336     MI       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35085455      MARYSVILLE                  43040     OH       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
35152644      DECATUR                     30033     GA       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
35204759      GOODYEAR                    85338     AZ       PUD     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
35244425      LEAGUE CITY                 77573     TX       PUD     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
4000169493    SIMI VALLEY                 93063     CA       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
35016583      DENVER                      80219     CO       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35158708      GREENBACK                   37742     TN       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
4000176858    MERIDIAN                    83642     ID       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34946889      ANTIOCH                     94531     CA       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
35070101      DALLAS                      28034     NC       PUD     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
34976621      MIDDLETOWN                  45044     OH       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
35008705      BOULDER                     80304     CO       SFR        Investor        360      8/2/2004   10/1/2004   9/1/2034
34801902      SAN DIEGO                   92154     CA       PUD     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
35076090      BOILING SPRINGS             29316     SC       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
35104652      WICHITA FALLS               76308     TX       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
4000170489    SANTA CLARITA               91387     CA       PUD     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35233592      BIRMINGHAM                  35215     AL       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000170597    DETROIT                     48228     MI       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
34890707      PENSACOLA                   32534     FL       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
4000159300    STAFFORD                    22554     VA       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34053389      LANTANA                     76226     TX       PUD     Owner Occupied     360     4/27/2004    6/1/2004   5/1/2034
35304807      LAS VEGAS                   89104     NV       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
35085984      WESTERVILLE                 43082     OH       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
35076702      WAYNESVILLE                 28786     NC       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34796193      CHULA VISTA                 91913     CA       PUD     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34238469      TUCSON                      85746     AZ       PUD     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
34646125      MILWAUKEE                   53209     WI    Units 2-4  Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35124320      BENSENVILLE                 60106     IL       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34856690      HANOVER PARK                60133     IL      Condo    Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
4000177604    DALLAS                      75217     TX       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
4000166417    REDONDO BEACH               90278     CA       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
4000163961    HOBE SOUND                  33455     FL       PUD     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
34979161      STURGIS                     42459     KY       SFR     Owner Occupied     360      8/5/2004    9/1/2004   8/1/2034
35142470      WINSTON                     30187     GA       PUD     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
35144740      RIPLEY                      38063     TN       SFR        Investor        360      8/2/2004    9/1/2004   8/1/2034
4000164725    DETROIT                     48234     MI       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
4000164990    CITRUS HEIGHTS              95610     CA       SFR     Owner Occupied     360     7/23/2004    9/1/2004   8/1/2034
34860627      BELLWOOD                    60104     IL       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
33015348      COLUMBUS                    47201     IN       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
4000162130    ANTIOCH                     94531     CA       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
35159540      ARLINGTON                   38002     TN       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35232180      MONTGOMERY                  36116     AL       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
33179946      FARMINGTON HILLS            48334     MI       SFR     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
34351940      SAN DIEGO                   92114     CA       SFR     Owner Occupied     360     7/26/2004    9/1/2004   8/1/2034
34707620      CORONA                      92882     CA       SFR     Owner Occupied     360      7/9/2004    9/1/2004   8/1/2034
4000144866    CHARLOTTESVILLE             22901     VA       PUD       Second Home      360      8/2/2004    9/1/2004   8/1/2034
4000148745    ELMONT                      11003     NY       SFR     Owner Occupied     360     6/17/2004    8/1/2004   7/1/2034
4000155762    SAN RAMON                   94583     CA       SFR     Owner Occupied     360     6/22/2004    8/1/2004   7/1/2034
35152255      SHELBYVILLE                 37160     TN       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
35302439      LAS VEGAS                   89129     NV       PUD     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
34996744      DULUTH                      55806     MN    Units 2-4  Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35231216      PALM BAY                    32909     FL       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000157122    MENTOR ON THE LAKE          44060     OH       SFR     Owner Occupied     360     7/16/2004    9/1/2004   8/1/2034
34995019      RAMSEY                      55303     MN       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
35205160      SAN DIEGO                   92110     CA      Condo    Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
35344506      MONTGOMERY VILLAGE          20886     MD       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35010073      DENVER                      80221     CO       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
4000175008    YPSILANTI                   48197     MI    Units 2-4  Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
4000165433    SAN MARCOS                  92078     CA       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
34959791      TARZANA                     91356     CA      Condo    Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
35196054      LONG BEACH                  90808     CA       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
34831602      TOWNSEND                     1474     MA      Condo    Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
4000159986    CONCORD                     94520     CA       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
34991018      ARLINGTON                   55307     MN       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
35186402      VICTORVILLE                 92392     CA       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
35115310      NORTH RICHLAND HILLS        76180     TX       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
34525774      KANSAS CITY                 64110     MO       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034

<CAPTION>
                                                                                      ORIGINAL
                                                                                      COMBAINED
              REMAINING     ORIGINAL   SCHEDULED                       PAID THRU       LOAN TO      OTS
  LOANID        TERM        BALANCE     BALANCE      RATE      P&I        DATE          VALUE   DELINQUENCY INDEX       MARGIN
------------------------------------------------------------------------------------------------------------------------------
<S>              <C>      <C>         <C>           <C>     <C>        <C>              <C>        <C>       <C>        <C>
35242478         179      101,650.00  101,332.41    7.375     935.11   10/1/2004           95      0-29      FIX            0
34740001         359      221,950.00  221,950.00     6.25   1,155.99   10/1/2004           80      0-29      6ML         4.25
34961409         359      235,000.00  235,000.00     5.99   1,173.04   10/1/2004        62.17      0-29      6ML         3.25
34238410         359       80,800.00   80,800.00     7.25     488.17   10/1/2004        84.96      0-29      6ML          5.5
34979021         359      101,600.00  101,600.00    6.875     582.08   10/1/2004           80      0-29      6ML            5
34856104         359      113,600.00  113,600.00    7.625     721.83   10/1/2004        78.89      0-29      6ML        4.625
34990739         359      199,900.00  199,900.00    7.125   1,186.91   10/1/2004          100      0-29      6ML        5.875
35111681         359      165,000.00  164,857.94     6.75   1,070.19   10/1/2004        63.46      0-29      6ML         4.75
35248863         359      118,800.00  118,708.81        8     871.72   10/1/2004           90      0-29      6ML        4.625
34991141         358       75,200.00   75,200.00    6.625     415.17    9/1/2004           80      0-29      6ML            5
34868794         179       84,000.00   83,787.85      9.5     877.15   10/1/2004           75      0-29      FIX            0
4000169712       359      292,000.00  292,000.00     6.75   1,642.50   10/1/2004           80      0-29      6ML        4.375
35342336         359      439,900.00  439,900.00      5.5   2,016.21   10/1/2004           80      0-29      6ML          3.5
35152800         359      171,632.00  171,632.00    6.375      911.8   10/1/2004           80      0-29      6ML        4.625
35190131         359      170,000.00  170,000.00    7.625   1,080.21   10/1/2004        74.89      0-29      6ML         5.25
4000173577       359      317,700.00  317,700.00      7.5   1,985.63   10/1/2004           90      0-29      6ML         5.75
4000163253       359       50,850.00   50,850.00     7.75     328.41   10/1/2004           90      0-29      6ML            6
4000168743       359       57,800.00   57,800.00    6.125     295.02   10/1/2004           85      0-29      6ML          4.5
34999482         359      225,150.00  224,946.45      6.5   1,423.11   10/1/2004           95      0-29      6ML        5.875
4000170378       359      144,000.00  144,000.00        7        840   10/1/2004           80      0-29      6ML        4.875
34934216         359      477,000.00  477,000.00    7.375   2,931.56   10/1/2004           90      0-29      6ML            6
4000161224       358      650,000.00  648,702.36    5.999   3,896.66   10/1/2004        78.79      0-29      FIX            0
4000171558       359      295,000.00  295,000.00      6.5   1,597.92   10/1/2004         68.6      0-29      6ML        4.375
4000160714       359       72,000.00   71,940.97    6.999     478.97   10/1/2004         87.8      0-29      FIX            0
34988063         359      188,300.00  188,076.97    5.625   1,083.97   10/1/2004        79.99      0-29      6ML        4.375
4000174179       359      114,500.00  114,412.88    7.375     790.82   10/1/2004        88.08      0-29      FIX            0
35222017         359      162,000.00  161,901.86      8.5   1,245.64   10/1/2004           90      0-29      6ML            7
35303353         359      160,800.00  160,800.00      6.5        871   10/1/2004        67.85      0-29      6ML            4
35154483         359      113,210.00  113,210.00     6.75     636.81   10/1/2004           80      0-29      6ML        4.625
35206507         359      560,000.00  560,000.00     5.75   2,683.33   10/1/2004           80      0-29      6ML        3.875
34525030         358      237,000.00  236,985.11    7.625   1,505.94    9/1/2004        84.34      0-29      6ML         5.75
34968602         358      130,150.00  129,919.70    6.625     833.37    9/1/2004           95      0-29      FIX            0
34757286         359      100,000.00  100,000.00     7.25     604.17   10/1/2004           80      0-29      6ML        5.375
34718338         358      138,000.00  138,000.00     6.75     776.25    9/1/2004           80      0-29      6ML         4.75
34832964         359      260,000.00  260,000.00    5.375   1,164.58   10/1/2004           80      0-29      6ML         3.75
34900084         358      104,000.00  103,792.40        6     623.54    9/1/2004           80      0-29      6ML        4.125
35009810         358      180,000.00  180,000.00    6.625     993.75    9/1/2004           90      0-29      6ML        5.125
4000165922       359       64,800.00   64,763.67    8.875     515.58   10/1/2004           80      0-29      6ML          6.5
35085455         359      239,750.00  239,572.07      7.5   1,676.37   10/1/2004          100      0-29      FIX            0
35152644         359      236,000.00  236,000.00        6   1,180.00   10/1/2004        77.38      0-29      6ML        4.375
35204759         359      176,000.00  175,859.25    7.125   1,185.75   10/1/2004           80      0-29      FIX            0
35244425         359      242,250.00  242,070.21      7.5   1,693.85   10/1/2004           95      0-29      6ML        6.125
4000169493       359      411,200.00  411,200.00    5.625   1,927.50   10/1/2004           80      0-29      6ML        3.875
35016583         359      137,200.00  137,200.00    6.375     728.88   10/1/2004           80      0-29      6ML         4.25
35158708         359       77,600.00   77,600.00    7.375     476.92   10/1/2004           80      0-29      FIX            0
4000176858       359      115,000.00  114,922.84        8     843.83   10/1/2004          100      0-29      6ML        5.875
34946889         359      450,000.00  450,000.00    6.625   2,484.38   10/1/2004           90      0-29      6ML         4.75
35070101         359       63,600.00   63,600.00    6.375     337.88   10/1/2004           80      0-29      6ML        4.375
34976621         359      125,000.00  124,907.23      7.5     874.02   10/1/2004          100      0-29      6ML        5.875
35008705         359      467,500.00  467,500.00    7.375   2,873.18   10/1/2004        88.21      0-29      6ML         4.75
34801902         359      561,000.00  561,000.00        8   3,740.00   10/1/2004          100      0-29      6ML          5.5
35076090         359      118,450.00  118,450.00    9.125     900.71   10/1/2004          100      0-29      6ML        6.375
35104652         359      133,000.00  132,879.76      6.5     840.66   10/1/2004         78.7      0-29      FIX            0
4000170489       359      700,000.00  700,000.00    6.999   4,082.75   10/1/2004        70.99      0-29      6ML            4
35233592         359      177,000.00  176,892.77      8.5   1,360.98   10/1/2004        99.72      0-29      FIX            0
4000170597       359       63,000.00   62,965.59        9     506.91   10/1/2004           90      0-29      6ML            7
34890707         359       79,950.00   79,890.66      7.5     559.03   10/1/2004        79.99      0-29      6ML         5.75
4000159300       359      294,400.00  294,400.00     5.75   1,410.67   10/1/2004           80      0-29      6ML         3.75
34053389         355      434,500.00  432,867.40      7.5   3,038.09    9/1/2004        84.99      0-29      6ML        6.125
35304807         359      162,500.00  162,500.00    7.375      998.7   10/1/2004        89.78      0-29      6ML            6
35085984         359      286,400.00  286,239.34    6.375   1,521.50   10/1/2004           80      0-29      6ML            4
35076702         359      128,250.00  128,136.85    6.625      821.2   10/1/2004           95      0-29      6ML        5.375
34796193         359      546,350.00  546,350.00    6.375   2,902.48   10/1/2004        79.99      0-29      6ML            4
34238469         359      139,500.00  139,500.00        7     813.75   10/1/2004           90      0-29      6ML        5.625
34646125         359      100,000.00   99,927.62    7.625      707.8   10/1/2004           80      0-29      FIX            0
35124320         359      270,750.00  270,511.12    6.625   1,733.65   10/1/2004           95      0-29      6ML        5.375
34856690         359      130,500.00  130,398.19     7.25     890.25   10/1/2004        88.78      0-29      6ML        5.375
4000177604       359       82,400.00   82,340.36    7.625     583.22   10/1/2004        74.91      0-29      FIX            0
4000166417       359      511,200.00  511,200.00    6.375   2,715.75   10/1/2004           80      0-29      6ML        4.125
4000163961       359      312,000.00  312,000.00     5.25   1,365.00   10/1/2004           80      0-29      6ML            4
34979161         358       88,000.00   88,000.00    7.875      577.5    9/1/2004           80      0-29      6ML         5.25
35142470         359      420,300.00  420,300.00    7.375   2,583.09   10/1/2004        92.99      0-29      6ML        5.875
35144740         358       73,600.00   73,475.98    6.875      483.5    9/1/2004           80      0-29      6ML        4.625
4000164725       359       86,000.00   86,000.00    7.875     564.38   10/1/2004           86      0-29      6ML            6
4000164990       358      275,600.00  275,088.12    6.375   1,719.39    9/1/2004           80      0-29      6ML        4.875
34860627         359      130,300.00  130,198.35     7.25     888.88   10/1/2004        79.99      0-29      6ML        5.375
33015348         359      111,200.00  111,119.51    7.625     787.07   10/1/2004        89.97      0-29      6ML         5.75
4000162130       359      292,000.00  292,000.00     6.25   1,520.83   10/1/2004           80      0-29      6ML        4.125
35159540         359      172,900.00  172,761.73    7.125   1,164.86   10/1/2004           95      0-29      FIX            0
35232180         359       45,000.00   44,977.86      9.5     378.39   10/1/2004           90      0-29      6ML          7.5
33179946         358      262,000.00  261,998.96    6.375   1,391.88    9/1/2004        78.21      0-29      6ML         4.75
34351940         358      261,000.00  260,479.04        6   1,564.83   10/1/2004        63.66      0-29      6ML         4.25
34707620         358      490,000.00  490,000.00     5.99   2,445.92    9/1/2004        79.93      0-29      6ML        3.625
4000144866       358      151,900.00  151,900.00    6.375     806.97   10/1/2004           95      0-29      6ML         4.75
4000148745       357      268,000.00  266,979.18    6.125   1,628.40    9/1/2004           80      0-29      6ML         4.75
4000155762       357      520,000.00  520,000.00    5.875   2,545.83   10/1/2004           80      0-29      6ML        3.375
35152255         359       98,400.00   98,328.78    7.625     696.47   10/1/2004           80      0-29      6ML         5.25
35302439         359      245,600.00  245,600.00    5.875   1,202.42   10/1/2004           80      0-29      6ML         4.25
34996744         359      104,000.00  103,993.76     6.25     541.67   10/1/2004           80      0-29      6ML        4.125
35231216         359      122,550.00  122,550.00    7.125     727.64   10/1/2004           95      0-29      6ML        5.375
4000157122       358      171,000.00  170,763.87    7.875   1,239.87    9/1/2004        87.69      0-29      6ML        6.375
34995019         359      161,600.00  161,600.00    5.375     723.83   10/1/2004           80      0-29      6ML         3.75
35205160         359      477,000.00  476,618.55    7.125   3,213.64   10/1/2004           90      0-29      6ML          5.5
35344506         359      275,000.00  274,853.65    9.125   2,237.50   10/1/2004          100      0-29      FIX            0
35010073         359      146,400.00  146,400.00    6.125     747.25   10/1/2004           80      0-29      6ML        3.875
4000175008       359      204,000.00  203,856.02     7.75   1,461.48   10/1/2004          100      0-29      6ML        6.375
4000165433       359      569,800.00  569,284.90      6.5   3,601.52   10/1/2004           80      0-29      6ML          4.5
34959791         358      164,000.00  163,999.83     5.75     785.83    9/1/2004           80      0-29      6ML          3.5
35196054         359      396,000.00  396,000.00      6.5   2,145.00   10/1/2004           80      0-29      6ML        4.125
34831602         359      115,000.00  114,910.28     7.25     784.51   10/1/2004        54.76      0-29      6ML        4.625
4000159986       359      316,000.00  316,000.00    5.875   1,547.08   10/1/2004           80      0-29      6ML         4.25
34991018         359      202,500.00  202,353.43    7.625   1,433.29   10/1/2004           90      0-29      FIX            0
35186402         359      190,400.00  190,400.00     5.99     950.41   10/1/2004           80      0-29      6ML         4.25
35115310         359      109,500.00  109,428.37    8.125     813.04   10/1/2004        79.99      0-29      6ML         5.25
34525774         359       61,000.00   60,955.84    7.625     431.76   10/1/2004        69.32      0-29      6ML        5.375

<CAPTION>
             INITIAL  PERIODIC                           PREPAYMENT
  LOANID       CAP      CAP       FLOOR    CEILING          TERM                                PREPAYMENT PENALTY
--------------------------------------------------------------------------------------------------------------------------
<S>             <C>      <C>      <C>       <C>              <C>                        <C>
35242478        0        0            0          0           36                              6 mo.s interest less 20% obal
34740001        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
34961409        3        1         5.99      11.99           36                              6 mo.s interest less 20% obal
34238410        3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
34979021        3        1        6.875     12.875           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34856104        3        1        7.625     13.625           12                              3%/2%/1%-1st yr/2nd yr/3rd yr
34990739        3        1        7.125     13.125           36                         min (2% prepaid, 60 days interest)
35111681        3        1         6.75      12.75            0                                                       None
35248863        3        1            8         14           36                              6 mo.s interest less 20% obal
34991141        3        1        6.625     12.625           36                         min (2% prepaid, 60 days interest)
34868794        0        0            0          0           12                              6 mo.s interest less 20% obal
4000169712      3        1         6.75      12.75           36                              6 mo.s interest less 20% obal
35342336        3        1          5.5       11.5           24                              6 mo.s interest less 20% obal
35152800        3        1        6.375     12.375            0                                                       None
35190131        3        1        7.625     13.625           24                              6 mo.s interest less 20% obal
4000173577      3        1          7.5       13.5           36                              6 mo.s interest less 20% obal
4000163253      3        1         7.75      13.75           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000168743      3        1        6.125     12.125           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34999482        3        1          6.5       12.5           36                         min (2% prepaid, 60 days interest)
4000170378      3        1            7         13           24                              6 mo.s interest less 20% obal
34934216        3        1        7.375     13.375           24                              6 mo.s interest less 20% obal
4000161224      0        0            0          0           36                              6 mo.s interest less 20% obal
4000171558      3        1          6.5       12.5           36                              6 mo.s interest less 20% obal
4000160714      0        0            0          0            0                                                       None
34988063        3        1        5.625     11.625           36                         min (2% prepaid, 60 days interest)
4000174179      0        0            0          0           36                              6 mo.s interest less 20% obal
35222017        3        1          8.5       14.5           24                              6 mo.s interest less 20% obal
35303353        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
35154483        3        1         6.75      12.75            0                                                       None
35206507        3        1         5.75      11.75           24                              6 mo.s interest less 20% obal
34525030        3        1        7.625     13.625           24                              6 mo.s interest less 20% obal
34968602        0        0            0          0           36                                                 1% prepaid
34757286        3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
34718338        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
34832964        3        1        5.375     11.375           24                              6 mo.s interest less 20% obal
34900084        3        1            6         12           36                              6 mo.s interest less 20% obal
35009810        3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
4000165922      3        1        8.875     14.875           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35085455        0        0            0          0           36                                                 1% prepaid
35152644        1        1            6         12            0                                                       None
35204759        0        0            0          0           36                              6 mo.s interest less 20% obal
35244425        3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
4000169493      3        1        5.625     11.625           24                              6 mo.s interest less 20% obal
35016583        3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
35158708        0        0            0          0           36                              6 mo.s interest less 20% obal
4000176858      3        1            8         14           24                              6 mo.s interest less 20% obal
34946889        3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
35070101        3        1        6.375     12.375            0                                                       None
34976621        3        1          7.5       13.5           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35008705        3        1        7.375     13.375            0                                                       None
34801902        3        1            8         14            0                                                       None
35076090        3        1        9.125     15.125            0                                                       None
35104652        0        0            0          0            0                                                       None
4000170489      3        1        6.999     12.999           12                              6 mo.s interest less 20% obal
35233592        0        0            0          0            0                                                       None
4000170597      3        1            9         15           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34890707        3        1          7.5       13.5           36                              6 mo.s interest less 20% obal
4000159300      3        1         5.75      11.75           24                              6 mo.s interest less 20% obal
34053389        3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
35304807        3        1        7.375     13.375           24                              6 mo.s interest less 20% obal
35085984        3        1        6.375     12.375           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35076702        3        1        6.625     12.625            0                                                       None
34796193        3        1        6.375     12.375           12                              6 mo.s interest less 20% obal
34238469        3        1            7         13           24                              6 mo.s interest less 20% obal
34646125        0        0            0          0           36                              6 mo.s interest less 20% obal
35124320        3        1        6.625     12.625           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34856690        3        1         7.25      13.25           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000177604      0        0            0          0            0                                                       None
4000166417      3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
4000163961      3        1         5.25      11.25           36                              6 mo.s interest less 20% obal
34979161        3        1        7.875     13.875           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35142470        3        1        7.375     13.375            0                                                       None
35144740        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
4000164725      3        1        7.875     13.875           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000164990      3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
34860627        3        1         7.25      13.25           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
33015348        3        1        7.625     13.625           12                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000162130      3        1         6.25      12.25           36                              6 mo.s interest less 20% obal
35159540        0        0            0          0           36                              6 mo.s interest less 20% obal
35232180        3        1          9.5       15.5           24                              6 mo.s interest less 20% obal
33179946        3        1        6.375     12.375           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34351940        3        1            6         12           36                              6 mo.s interest less 20% obal
34707620        3        1         5.99      11.99           36                              6 mo.s interest less 20% obal
4000144866      3        1        6.375     12.375           36                              6 mo.s interest less 20% obal
4000148745      3        1        6.125     12.125            0                                                       None
4000155762      3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
35152255        3        1        7.625     13.625           24                              6 mo.s interest less 20% obal
35302439        3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
34996744        3        1         6.25      12.25           36                         min (2% prepaid, 60 days interest)
35231216        3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
4000157122      3        1        7.875     13.875           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34995019        3        1        5.375     11.375           36                         min (2% prepaid, 60 days interest)
35205160        3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
35344506        0        0            0          0            0                                                       None
35010073        3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
4000175008      3        1         7.75      13.75           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000165433      3        1          6.5       12.5           12                              6 mo.s interest less 20% obal
34959791        3        1         5.75      11.75           24                              6 mo.s interest less 20% obal
35196054        3        1          6.5       12.5           36                              6 mo.s interest less 20% obal
34831602        3        1         7.25      13.25            0                                                       None
4000159986      3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
34991018        0        0            0          0           36                         min (2% prepaid, 60 days interest)
35186402        3        1         5.99      11.99           24                              6 mo.s interest less 20% obal
35115310        3        1        8.125     14.125           24                              6 mo.s interest less 20% obal
34525774        3        1        7.625     13.625           24                                                 2% prepaid

<CAPTION>
                                              PAYMENT
              FIRST RATE      RATE RESET       RESET                                  MI
  LOANID      RESET DATE       FREQUENCY     FREQUENCY  PURPOSE   DIV  IO    IOTERM  FLAG
-----------------------------------------------------------------------------------------
<S>           <C>                  <C>            <C>  <C>         <C>  <C>    <C>    <C>
35242478      00/00/0000           0              0    Purchase    N    N       0     Y
34740001        9/1/2006           6              6    R/T Refi    N    Y      60     N
34961409        9/1/2009           6              6    R/T Refi    N    Y      60     N
34238410        9/1/2006           6              6    Purchase    N    Y      60     Y
34979021        9/1/2006           6              6    C/O Refi    N    Y      60     N
34856104        9/1/2006           6              6    C/O Refi    N    Y      60     N
34990739        9/1/2006           6              6    Purchase    N    Y      60     N
35111681        9/1/2007           6              6    C/O Refi    N    N       0     N
35248863        9/1/2009           6              6    Purchase    N    N       0     Y
34991141        8/1/2006           6              6    Purchase    N    Y      60     N
34868794      00/00/0000           0              0    C/O Refi    N    N       0     N
4000169712      9/1/2009           6              6    C/O Refi    N    Y      60     N
35342336        9/1/2006           6              6    Purchase    N    Y      60     N
35152800        9/1/2007           6              6    Purchase    N    Y      60     N
35190131        9/1/2006           6              6    C/O Refi    N    Y      60     N
4000173577      9/1/2009           6              6    C/O Refi    N    Y      60     N
4000163253      9/1/2006           6              6    Purchase    N    Y      60     Y
4000168743      9/1/2006           6              6    C/O Refi    N    Y      60     Y
34999482        9/1/2006           6              6    Purchase    N    N       0     Y
4000170378      9/1/2006           6              6    C/O Refi    N    Y      60     N
34934216        9/1/2006           6              6    R/T Refi    N    Y      60     N
4000161224    00/00/0000           0              0    Purchase    N    N       0     N
4000171558      9/1/2006           6              6    C/O Refi    N    Y      60     N
4000160714    00/00/0000           0              0    Purchase    N    N       0     Y
34988063        9/1/2006           6              6    Purchase    N    N       0     N
4000174179    00/00/0000           0              0    R/T Refi    N    N       0     Y
35222017        9/1/2006           6              6    C/O Refi    N    N       0     N
35303353        9/1/2006           6              6    C/O Refi    N    Y      60     N
35154483        9/1/2007           6              6    Purchase    N    Y      60     N
35206507        9/1/2006           6              6    Purchase    N    Y      60     N
34525030        8/1/2006           6              6    R/T Refi    N    Y      60     N
34968602      00/00/0000           0              0    Purchase    N    N       0     Y
34757286        9/1/2006           6              6    Purchase    N    Y      60     N
34718338        8/1/2006           6              6    Purchase    N    Y      60     N
34832964        9/1/2006           6              6    Purchase    N    Y      60     N
34900084        8/1/2007           6              6    Purchase    N    N       0     N
35009810        8/1/2006           6              6    C/O Refi    N    Y      60     Y
4000165922      9/1/2006           6              6    Purchase    N    N       0     N
35085455      00/00/0000           0              0    Purchase    N    N       0     N
35152644        3/1/2005           6              6    C/O Refi    N    Y      60     N
35204759      00/00/0000           0              0    Purchase    N    N       0     N
35244425        9/1/2006           6              6    Purchase    N    N       0     N
4000169493      9/1/2006           6              6    Purchase    N    Y      60     N
35016583        9/1/2006           6              6    C/O Refi    N    Y      60     N
35158708      00/00/0000           0              0    Purchase    N    Y      60     N
4000176858      9/1/2006           6              6    Purchase    N    N       0     N
34946889        9/1/2006           6              6    C/O Refi    N    Y      60     N
35070101        9/1/2007           6              6    Purchase    N    Y      60     N
34976621        9/1/2006           6              6    C/O Refi    N    N       0     N
35008705        9/1/2006           6              6    Purchase    N    Y      60     Y
34801902        9/1/2006           6              6    Purchase    N    Y      60     N
35076090        9/1/2006           6              6    R/T Refi    N    Y      60     N
35104652      00/00/0000           0              0    C/O Refi    N    N       0     N
4000170489      9/1/2006           6              6    Purchase    N    Y      60     N
35233592      00/00/0000           0              0    C/O Refi    N    N       0     N
4000170597      9/1/2006           6              6    C/O Refi    N    N       0     Y
34890707        9/1/2006           6              6    Purchase    N    N       0     N
4000159300      9/1/2009           6              6    Purchase    N    Y      60     N
34053389        5/1/2006           6              6    Purchase    N    N       0     Y
35304807        9/1/2006           6              6    C/O Refi    N    Y      60     N
35085984        9/1/2007           6              6    C/O Refi    N    Y      60     N
35076702        9/1/2006           6              6    Purchase    N    N       0     Y
34796193        9/1/2006           6              6    Purchase    N    Y      60     N
34238469        9/1/2006           6              6    Purchase    N    Y      60     N
34646125      00/00/0000           0              0    Purchase    N    N       0     N
35124320        9/1/2006           6              6    Purchase    N    N       0     Y
34856690        9/1/2006           6              6    C/O Refi    N    N       0     Y
4000177604    00/00/0000           0              0    C/O Refi    N    N       0     N
4000166417      9/1/2006           6              6    Purchase    N    Y      60     N
4000163961      9/1/2006           6              6    Purchase    N    Y      60     N
34979161        8/1/2006           6              6    Purchase    N    Y      60     N
35142470        9/1/2007           6              6    C/O Refi    N    Y      60     Y
35144740        8/1/2006           6              6    C/O Refi    N    N       0     N
4000164725      9/1/2006           6              6    C/O Refi    N    Y      60     N
4000164990      8/1/2006           6              6    Purchase    N    N       0     N
34860627        9/1/2006           6              6    Purchase    N    N       0     N
33015348        9/1/2006           6              6    Purchase    N    N       0     Y
4000162130      9/1/2007           6              6    R/T Refi    N    Y      60     N
35159540      00/00/0000           0              0    C/O Refi    N    N       0     Y
35232180        9/1/2006           6              6    C/O Refi    N    N       0     N
33179946        8/1/2006           6              6    C/O Refi    N    Y      60     N
34351940        8/1/2006           6              6    C/O Refi    N    N       0     N
34707620        8/1/2009           6              6    C/O Refi    N    Y      60     N
4000144866      8/1/2007           6              6    Purchase    N    Y      60     Y
4000148745      7/1/2007           6              6    R/T Refi    N    N       0     N
4000155762      7/1/2009           6              6    Purchase    N    Y      60     N
35152255        9/1/2006           6              6    Purchase    N    N       0     N
35302439        9/1/2006           6              6    Purchase    N    Y      60     N
34996744        9/1/2007           6              6    Purchase    N    Y      60     N
35231216        9/1/2006           6              6    C/O Refi    N    Y      60     Y
4000157122      8/1/2006           6              6    R/T Refi    N    N       0     N
34995019        9/1/2006           6              6    Purchase    N    Y      60     N
35205160        9/1/2006           6              6    C/O Refi    N    N       0     N
35344506      00/00/0000           0              0    Purchase    N    N       0     N
35010073        9/1/2006           6              6    R/T Refi    N    Y      60     N
4000175008      9/1/2006           6              6    Purchase    N    N       0     N
4000165433      9/1/2006           6              6    Purchase    N    N       0     N
34959791        8/1/2006           6              6    Purchase    N    Y      60     N
35196054        9/1/2009           6              6    Purchase    N    Y      60     N
34831602        9/1/2006           6              6    Purchase    N    N       0     N
4000159986      9/1/2006           6              6    Purchase    N    Y      60     N
34991018      00/00/0000           0              0    C/O Refi    N    N       0     N
35186402        9/1/2006           6              6    Purchase    N    Y      60     N
35115310        9/1/2006           6              6    Purchase    N    N       0     N
34525774        9/1/2006           6              6    C/O Refi    N    N       0     N
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
                                                          PROPERTY                    ORIGINAL ORIGINATION  FIRST PAY   MATURITY
  LOANID              CITY                 ZIP    STATE     TYPE       OCCUPANCY        TERM      DATE        DATE        DATE
--------------------------------------------------------------------------------------------------------------------------------
<S>           <C>                         <C>       <C>   <C>        <C>                <C>     <C>         <C>         <C>
34131037      CINCINNATI                  45229     OH    Units 2-4     Investor        360     6/10/2004    8/1/2004   7/1/2034
35205665      ESCONDIDO                   92027     CA       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
4000165318    CLINTON                     44216     OH       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35026277      LAKE ELSINORE               92530     CA       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34082545      INGLEWOOD                   90301     CA      Condo    Owner Occupied     360     7/27/2004    9/1/2004   8/1/2034
34987024      EAGAN                       55123     MN       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
4000161060    WESTHAMPTON                 11977     NY       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
35184712      HAWTHORNE                   90250     CA       SFR     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
34900688      SAFETY HARBOR               34695     FL       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
34655407      MILWAUKEE                   53206     WI       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
34021824      KATY                        77449     TX       PUD     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
34737817      EAGLE MOUNTAIN              84043     UT       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34378588      VINELAND                     8361     NJ       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
35151323      SMYRNA                      37167     TN       SFR     Owner Occupied     360      8/6/2004    9/1/2004   8/1/2034
34021006      LEAGUE CITY                 77573     TX       PUD     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35268689      FONTANA                     92337     CA       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35110436      LAREDO                      78041     TX       PUD     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
34737247      WEST JORDAN                 84084     UT       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
35243724      HOUSTON                     77057     TX       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34859348      SOUTH BEND                  46614     IN       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34658286      MISSION                     66202     KS       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34996835      MINNEAPOLIS                 55418     MN       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
35402296      CROSSVILLE                  38572     TN       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
4000175032    CROOKSVILLE                 43731     OH       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
4000170624    GRANITE BAY                 95746     CA       PUD     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
34660712      SAINT LOUIS                 63137     MO       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
4000164911    MONROE                      71203     LA       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35028992      LOS ANGELES                 90059     CA       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
35071794      CHARLOTTE                   28216     NC       PUD     Owner Occupied     360      8/5/2004    9/1/2004   8/1/2034
35109834      FORT WORTH                  76137     TX       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35242460      SPRING                      77386     TX       PUD     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
35242569      GARLAND                     75040     TX       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
4000168072    HOLLYWOOD                   33023     FL      Condo    Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
34377168      SICKLERVILLE                 8081     NJ       PUD     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
34504399      DAYTON                      45405     OH       SFR     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
4000159677    PACIFICA                    94044     CA       PUD     Owner Occupied     360     7/22/2004    9/1/2004   8/1/2034
34939611      PHOENIX                     97535     OR       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
34965103      MONROE                      45050     OH       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
35191113      CORONA                      92879     CA      Condo    Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
35207513      MENIFEE                     92584     CA       PUD     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
34977702      LAWRENCEBURG                47025     IN       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
4000167663    WAYNE                       48184     MI       SFR     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
34798942      ESCONDIDO                   92027     CA       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
34993659      SAVAGE                      55378     MN       PUD     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35205855      CHULA VISTA                 91911     CA    Units 2-4  Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
4000169334    LODI                        95240     CA       SFR     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
4000176589    SUISUN CITY                 94585     CA       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
34669739      ORANGE                      92869     CA       SFR     Owner Occupied     360      6/4/2004    8/1/2004   7/1/2034
4000150755    SAN JOSE                    95123     CA      Condo    Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
34714048      DOWNEY                      90242     CA       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
34896993      ORLANDO                     32837     FL       SFR     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
4000168495    FEDERAL WAY                 98003     WA       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
34951301      LAGUNA HILLS                92653     CA       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
34716514      NORTHRIDGE                  91325     CA       SFR     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
34859934      SAINT JAMES                 65559     MO       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
34968891      MIDDLETOWN                  45042     OH       SFR     Owner Occupied     360     7/21/2004    9/1/2004   8/1/2034
4000169379    EDMONDS                     98026     WA       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34759191      BOWIE                       20720     MD       PUD     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
34936781      EUGENE                      97401     OR       SFR     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
4000157797    WHITTIER                    90604     CA      Condo    Owner Occupied     360     7/27/2004   10/1/2004   9/1/2034
35196559      HUNTINGTON BEACH            92649     CA      Condo    Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
4000172297    HIALEAH                     33016     FL      Condo    Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
4000168210    PALMDALE AREA               93591     CA       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
35147552      GREENBRIER                  37073     TN       SFR     Owner Occupied     360      8/4/2004    9/1/2004   8/1/2034
35105949      TYLER                       75703     TX       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35075498      CHARLOTTE                   28273     NC       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34865717      CAMPBELL                    14821     NY       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35209923      TEMECULA                    92592     CA       PUD     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34408344      FLORENCE                    97439     OR       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
34515098      COLUMBUS                    43219     OH       SFR     Owner Occupied     360      7/1/2004    9/1/2004   8/1/2034
34730077      RIVERDALE                   84405     UT       SFR     Owner Occupied     360     7/13/2004    9/1/2004   8/1/2034
35012160      COLORADO SPRINGS            80908     CO       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
4000169330    POULSBO                     98370     WA       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
4000163634    RENO                        89511     NV       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35010669      LOCHBUIE                    80603     CO       PUD     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
34236877      CHANDLER                    85226     AZ       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
4000171721    BAY CITY                    48706     MI       SFR       Second Home      360     8/19/2004   10/1/2004   9/1/2034
34715912      FONTANA                     92335     CA       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
34590471      MAPLE VALLEY                98038     WA       PUD     Owner Occupied     360     7/23/2004   10/1/2004   9/1/2034
35033877      VICTORVILLE                 92392     CA       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
35155449      THOMPSON STATION            37179     TN       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
34833053      FALMOUTH                     4105     ME       SFR     Owner Occupied     360     7/22/2004    9/1/2004   8/1/2034
35105162      WYLIE                       75098     TX       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
4000165306    BALDWIN                     11510     NY       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34739441      LAYTON                      84041     UT       SFR     Owner Occupied     360      8/4/2004    9/1/2004   8/1/2034
34991828      BROOKLYN PARK               55443     MN       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
35010818      LONGMONT                    80501     CO       PUD     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35082122      LEBANON                     45036     OH       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
33017930      NORTH SALEM                 46165     IN       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
4000168849    AURORA                      44202     OH       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
34966754      LOUISVILLE                  40214     KY       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
4000157501    BONNEY LAKE                 98390     WA       PUD     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
33018557      SPEEDWAY                    46224     IN       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
34998419      EDEN PRAIRIE                55347     MN      Condo    Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35091446      CINCINNATI                  45206     OH       PUD     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35155100      DALLAS                      30132     GA       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
4000177087    MANSFIELD                   44906     OH       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
4000155610    OZONE PARK                  11416     NY    Units 2-4  Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
35111889      HOUSTON                     77092     TX       PUD     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
35009513      LITTLETON                   80127     CO       PUD     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
35071687      CLAREMONT                   28610     NC       SFR     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
35127471      FORT WAYNE                  46807     IN       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
4000169866    DUNCANVILLE                 75137     TX       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34997692      OAK GROVE                   55011     MN       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
33735499      RIVERSIDE                   92503     CA       SFR     Owner Occupied     360     7/21/2004    9/1/2004   8/1/2034

<CAPTION>
                                                                                      ORIGINAL
                                                                                      COMBAINED
              REMAINING     ORIGINAL   SCHEDULED                       PAID THRU       LOAN TO      OTS
  LOANID        TERM        BALANCE     BALANCE      RATE      P&I        DATE          VALUE   DELINQUENCY INDEX       MARGIN
------------------------------------------------------------------------------------------------------------------------------
<S>              <C>      <C>         <C>           <C>     <C>        <C>              <C>        <C>       <C>        <C>
34131037         357       50,000.00   49,919.56    9.125     406.82    9/1/2004         64.1      0-29      FIX            0
35205665         359      395,000.00  395,000.00    7.375   2,427.60   10/1/2004          100      0-29      6ML          5.5
4000165318       359       88,000.00   87,931.35     7.25     600.32   10/1/2004           80      0-29      FIX            0
35026277         359      279,900.00  279,900.00    6.625   1,545.28   10/1/2004        79.99      0-29      6ML        4.875
34082545         358      176,000.00  176,000.00     6.25     916.67    9/1/2004           80      0-29      6ML        4.125
34987024         359      196,000.00  196,000.00     6.25   1,020.83   10/1/2004           80      0-29      6ML        4.625
4000161060       359      476,000.00  475,600.10    6.875   3,126.98   10/1/2004           80      0-29      6ML         5.25
35184712         358      318,600.00  318,600.00      7.5   1,991.25    9/1/2004           90      0-29      6ML        5.875
34900688         359      200,000.00  199,851.57      7.5   1,398.43   10/1/2004           80      0-29      6ML        5.625
34655407         359       49,600.00   49,563.18      7.5     346.82   10/1/2004           80      0-29      6ML        5.625
34021824         359       82,800.00   82,799.99    6.625     457.13   10/1/2004           80      0-29      6ML          4.5
34737817         359      137,700.00  137,700.00     7.75     889.31   10/1/2004           90      0-29      6ML        5.375
34378588         359      160,200.00  160,086.93     7.75   1,147.70   10/1/2004           90      0-29      6ML            6
35151323         358      131,200.00  130,984.28        7     872.88    9/1/2004           80      0-29      6ML        5.125
34021006         359      180,800.00  180,800.00      5.5     828.67   10/1/2004           80      0-29      6ML        4.125
35268689         359      208,000.00  208,000.00     7.25   1,256.67   10/1/2004        78.49      0-29      6ML        5.125
35110436         359      275,500.00  275,274.17        7   1,832.91   10/1/2004           95      0-29      6ML         5.75
34737247         359      136,000.00  136,000.00        6        680   10/1/2004           80      0-29      6ML         3.75
35243724         359      189,700.00  189,501.94     5.75   1,107.04   10/1/2004        64.97      0-29      6ML            4
34859348         359       68,800.00   68,744.98    7.125     463.52   10/1/2004           80      0-29      FIX            0
34658286         359       83,200.00   83,142.74    7.875     603.26   10/1/2004           65      0-29      6ML        5.375
34996835         359       97,200.00   97,131.39     7.75     696.36   10/1/2004         59.2      0-29      6ML          4.5
35402296         359       72,000.00   71,952.90    8.125      534.6   10/1/2004           80      0-29      6ML         6.25
4000175032       359       47,200.00   47,200.00        6        236   10/1/2004           80      0-29      6ML        3.875
4000170624       359      860,000.00  859,222.54      6.5   5,435.79   10/1/2004        74.78      0-29      6ML        4.125
34660712         359       89,900.00   89,900.00    7.875     589.97   10/1/2004          100      0-29      6ML         6.25
4000164911       359      129,000.00  129,000.00    7.375     792.81   10/1/2004        84.59      0-29      6ML        5.875
35028992         359      171,000.00  170,852.77     6.75   1,109.11   10/1/2004        87.69      0-29      6ML        5.375
35071794         358       75,600.00   75,600.00     5.75     362.25   10/1/2004           80      0-29      6ML        3.875
35109834         359      106,150.00  106,056.34    6.625      679.7   10/1/2004        79.99      0-29      6ML        5.125
35242460         359       96,400.00   96,314.95    6.625     617.26   10/1/2004           80      0-29      6ML          4.5
35242569         359       68,800.00   68,753.83        8     504.84   10/1/2004           80      0-29      FIX            0
4000168072       359       95,000.00   94,927.71    7.375     656.14   10/1/2004           95      0-29      6ML         5.25
34377168         359      142,650.00  142,650.00     6.75     802.41   10/1/2004        79.99      0-29      6ML        4.125
34504399         358       64,800.00   64,705.88    7.625     458.66    9/1/2004           90      0-29      6ML        5.875
4000159677       358      352,000.00  352,000.00    5.875   1,723.33    9/1/2004           80      0-29      6ML        3.875
34939611         359      120,800.00  120,800.00    6.625     666.92   10/1/2004           80      0-29      6ML            4
34965103         359      177,150.00  177,150.00     5.25     775.03   10/1/2004        94.98      0-29      6ML         4.75
35191113         359      292,000.00  292,000.00      5.5   1,338.33   10/1/2004           80      0-29      6ML          3.5
35207513         359      272,000.00  272,000.00     5.99   1,357.73   10/1/2004           80      0-29      6ML        4.125
34977702         359      114,500.00  114,406.14        7     761.78   10/1/2004        78.97      0-29      FIX            0
4000167663       358       97,750.00   97,585.29    6.875     642.15    9/1/2004        75.19      0-29      6ML        4.875
34798942         359      378,000.00  378,000.00    7.625   2,401.88   10/1/2004           90      0-29      6ML        6.125
34993659         359      196,000.00  195,854.53      7.5   1,370.47   10/1/2004          100      0-29      6ML         6.25
35205855         359      402,000.00  402,000.00     6.99   2,341.65   10/1/2004        73.09      0-29      6ML         4.75
4000169334       359      204,000.00  204,000.00    5.999   1,019.83   10/1/2004           80      0-29      6ML        4.125
4000176589       359      282,000.00  282,000.00      6.5   1,527.50   10/1/2004        81.74      0-29      6ML         4.75
34669739         357      650,000.00  647,855.82      5.5   3,690.63    9/1/2004        50.19      0-29      6ML        3.625
4000150755       359      208,000.00  208,000.00    6.125   1,061.67   10/1/2004           80      0-29      6ML        3.375
34714048         359      242,000.00  242,000.00    6.875   1,386.46   10/1/2004        67.22      0-29      6ML            4
34896993         359      114,800.00  114,708.20    7.125     773.43   10/1/2004           70      0-29      6ML        4.625
4000168495       359      155,600.00  155,600.00    7.125     923.87   10/1/2004           80      0-29      6ML          4.5
34951301         359      396,000.00  396,000.00    6.125   2,021.25   10/1/2004           80      0-29      6ML        3.625
34716514         359      337,600.00  337,600.00    5.875   1,652.83   10/1/2004           80      0-29      6ML        3.875
34859934         359      159,600.00  159,481.55      7.5   1,115.95   10/1/2004        86.74      0-29      6ML         6.25
34968891         358      182,750.00  182,554.74    9.125   1,486.92    9/1/2004           85      0-29      6ML         7.25
4000169379       359      300,000.00  299,793.54    7.875   2,175.21   10/1/2004        88.24      0-29      6ML        6.125
34759191         359      478,050.00  478,050.00    6.625   2,639.23   10/1/2004           90      0-29      6ML            5
34936781         358      143,200.00  143,079.69    6.875     820.42    9/1/2004           80      0-29      FIX            0
4000157797       359      396,000.00  396,000.00    7.125   2,351.25   10/1/2004           90      0-29      6ML          4.5
35196559         359      280,000.00  280,000.00    6.625   1,545.83   10/1/2004           80      0-29      6ML        4.125
4000172297       359      118,750.00  118,750.00    7.875      779.3   10/1/2004           95      0-29      6ML         5.75
4000168210       359      153,900.00  153,900.00     7.75     993.94   10/1/2004           90      0-29      6ML         5.75
35147552         358      109,600.00  109,433.13      7.5     766.34   10/1/2004           80      0-29      FIX            0
35105949         359      132,000.00  131,886.35     6.75     856.15   10/1/2004           80      0-29      6ML          4.5
35075498         359       86,850.00   86,850.00      7.5     542.81   10/1/2004        79.98      0-29      6ML            5
34865717         359       68,400.00   68,356.38     8.25     513.87   10/1/2004           95      0-29      6ML        6.625
35209923         359      436,000.00  436,000.00     5.75   2,089.17   10/1/2004           80      0-29      6ML        3.875
34408344         359      220,500.00  220,332.22    7.375   1,522.94   10/1/2004           90      0-29      6ML            5
34515098         358       63,750.00   63,625.74    6.125     387.36    9/1/2004           85      0-29      6ML         4.75
34730077         358      135,000.00  135,000.00     6.75     759.38    9/1/2004           90      0-29      6ML        5.375
35012160         359      440,000.00  440,000.00    6.375   2,337.50   10/1/2004           80      0-29      6ML         4.25
4000169330       359      167,950.00  167,950.00    6.125     857.24   10/1/2004           80      0-29      6ML         4.25
4000163634       359      149,200.00  149,200.00    6.625     823.71   10/1/2004           80      0-29      6ML        4.625
35010669         359      148,000.00  148,000.00        6        740   10/1/2004        79.99      0-29      6ML            4
34236877         359      125,100.00  125,100.00    8.625     899.16   10/1/2004           90      0-29      6ML        6.375
4000171721       359       60,000.00   59,965.48     8.75     472.02   10/1/2004           80      0-29      6ML         4.75
34715912         359      225,000.00  225,000.00      7.5   1,406.25   10/1/2004        72.58      0-29      6ML            5
34590471         359      200,000.00  199,810.23     6.25   1,231.44   10/1/2004           80      0-29      6ML        4.125
35033877         359      260,000.00  260,000.00    6.125   1,327.08   10/1/2004           80      0-29      6ML         3.75
35155449         359      241,200.00  241,011.84     7.25   1,645.41   10/1/2004        93.85      0-29      6ML            6
34833053         358      325,000.00  324,465.63        7   2,162.24   10/1/2004        73.36      0-29      6ML          3.5
35105162         359       98,500.00   98,408.76    6.375     614.52   10/1/2004        79.97      0-29      6ML          4.5
4000165306       359      260,000.00  260,000.00        6   1,300.00   10/1/2004           80      0-29      6ML        4.125
34739441         358      113,600.00  113,496.00     5.75     544.33    9/1/2004           80      0-29      6ML         3.75
34991828         359      165,200.00  165,200.00    6.625     912.04   10/1/2004           80      0-29      6ML        4.875
35010818         359      112,000.00  112,000.00    6.625     618.33   10/1/2004           80      0-29      6ML        4.375
35082122         359      260,200.00  260,200.00    7.375   1,599.15   10/1/2004           95      0-29      6ML         6.25
33017930         359      446,250.00  446,250.00    7.375   2,742.58   10/1/2004           85      0-29      6ML        5.875
4000168849       359      216,750.00  216,615.27    8.375   1,647.46   10/1/2004           85      0-29      FIX            0
34966754         359      110,400.00  110,400.00    7.625      701.5   10/1/2004          100      0-29      6ML         6.25
4000157501       359      591,200.00  591,200.00    7.125   3,510.25   10/1/2004        79.89      0-29      FIX            0
33018557         359       51,000.00   50,969.88    8.625     396.68   10/1/2004        41.13      0-29      FIX            0
34998419         359      136,000.00  136,000.00        7     793.33   10/1/2004        79.07      0-29      6ML            5
35091446         359      119,500.00  119,406.77     7.25     815.21   10/1/2004          100      0-29      6ML        5.875
35155100         359       81,600.00   81,600.00        7        476   10/1/2004           80      0-29      6ML        4.125
4000177087       359       69,900.00   69,857.66      8.5     537.47   10/1/2004          100      0-29      6ML         6.75
4000155610       359      284,080.00  283,835.41     6.75   1,842.54   10/1/2004           80      0-29      FIX            0
35111889         359      108,000.00  107,909.26    6.875     709.49   10/1/2004           80      0-29      6ML          4.5
35009513         359      284,800.00  284,800.00    6.375   1,513.00   10/1/2004           80      0-29      6ML          4.5
35071687         358      136,050.00  135,815.06     6.75     882.42    9/1/2004        89.98      0-29      6ML         5.25
35127471         359       74,900.00   74,855.77    8.625     582.57   10/1/2004          100      0-29      6ML        6.625
4000169866       359      107,100.00  107,100.00    5.999     535.41   10/1/2004        79.99      0-29      6ML        3.375
34997692         359      284,000.00  284,000.00     6.75   1,597.50   10/1/2004        82.32      0-29      6ML          5.5
33735499         358      430,100.00  430,100.00     6.25   2,240.10    9/1/2004        79.99      0-29      6ML            4

<CAPTION>
             INITIAL  PERIODIC                           PREPAYMENT
  LOANID       CAP      CAP       FLOOR    CEILING          TERM                                PREPAYMENT PENALTY
--------------------------------------------------------------------------------------------------------------------------
<S>             <C>      <C>      <C>       <C>              <C>                        <C>
34131037        0        0            0          0           36                                                 1% prepaid
35205665        3        1        7.375     13.375           24                              6 mo.s interest less 20% obal
4000165318      0        0            0          0           36                                                 1% prepaid
35026277        3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
34082545        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
34987024        3        1         6.25      12.25           36                         min (2% prepaid, 60 days interest)
4000161060      3        1        6.875     12.875            0                                                       None
35184712        3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
34900688        3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
34655407        3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
34021824        3        1        6.625     12.625           36                              6 mo.s interest less 20% obal
34737817        3        1         7.75      13.75           36                              6 mo.s interest less 20% obal
34378588        3        1         7.75      13.75            0                                                       None
35151323        3        1            7         13           36                              6 mo.s interest less 20% obal
34021006        3        1          5.5       11.5           24                              6 mo.s interest less 20% obal
35268689        3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
35110436        3        1            7         13           36                              6 mo.s interest less 20% obal
34737247        3        1            6         12           36                              6 mo.s interest less 20% obal
35243724        3        1         5.75      11.75           24                              6 mo.s interest less 20% obal
34859348        0        0            0          0           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34658286        3        1        7.875     13.875           24                              6 mo.s interest less 20% obal
34996835        3        1         7.75      13.75           36                         min (2% prepaid, 60 days interest)
35402296        3        1        8.125     14.125           24                              6 mo.s interest less 20% obal
4000175032      3        1            6         12           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000170624      3        1          6.5       12.5           36                              6 mo.s interest less 20% obal
34660712        3        1        7.875     13.875           24                                                 2% prepaid
4000164911      3        1        7.375     13.375           36                              6 mo.s interest less 20% obal
35028992        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
35071794        3        1         5.75      11.75            0                                                       None
35109834        3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
35242460        3        1        6.625     12.625            0                                                       None
35242569        0        0            0          0            0                                                       None
4000168072      3        1        7.375     13.375           36                              6 mo.s interest less 20% obal
34377168        3        1         6.75      12.75            0                                                       None
34504399        3        1        7.625     13.625           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000159677      3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
34939611        3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
34965103        3        1         5.25      11.25           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35191113        3        1          5.5       11.5           24                              6 mo.s interest less 20% obal
35207513        1        1         5.99      11.99           24                              6 mo.s interest less 20% obal
34977702        0        0            0          0           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000167663      3        1        6.875     12.875           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34798942        3        1        7.625     13.625           24                              6 mo.s interest less 20% obal
34993659        3        1          7.5       13.5           36                         min (2% prepaid, 60 days interest)
35205855        3        1         6.99      12.99           36                              6 mo.s interest less 20% obal
4000169334      3        1        5.999     11.999           24                              6 mo.s interest less 20% obal
4000176589      3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
34669739        3        1          5.5       11.5           24                              6 mo.s interest less 20% obal
4000150755      3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
34714048        3        1        6.875     12.875           36                              6 mo.s interest less 20% obal
34896993        3        1        7.125     13.125           36                              6 mo.s interest less 20% obal
4000168495      3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
34951301        3        1        6.125     12.125            0                                                       None
34716514        3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
34859934        3        1          7.5       13.5           24                                                 2% prepaid
34968891        3        1        9.125     15.125           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000169379      3        1        7.875     13.875           36                              6 mo.s interest less 20% obal
34759191        3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
34936781        0        0            0          0           36                              6 mo.s interest less 20% obal
4000157797      3        1        7.125     13.125            0                                                       None
35196559        3        1        6.625     12.625           36                              6 mo.s interest less 20% obal
4000172297      3        1        7.875     13.875           24                              6 mo.s interest less 20% obal
4000168210      3        1         7.75      13.75           24                              6 mo.s interest less 20% obal
35147552        0        0            0          0           36                              6 mo.s interest less 20% obal
35105949        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
35075498        3        1          7.5       13.5            0                                                       None
34865717        3        1         8.25      14.25            0                                                       None
35209923        3        1         5.75      11.75           24                              6 mo.s interest less 20% obal
34408344        3        1        7.375     13.375           36                              6 mo.s interest less 20% obal
34515098        3        1        6.125     12.125           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34730077        1        1         6.75      12.75           24                              6 mo.s interest less 20% obal
35012160        3        1        6.375     12.375           36                              6 mo.s interest less 20% obal
4000169330      3        1        6.125     12.125           36                              6 mo.s interest less 20% obal
4000163634      3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
35010669        3        1            6         12           24                              6 mo.s interest less 20% obal
34236877        3        1        8.625     14.625           24                              6 mo.s interest less 20% obal
4000171721      3        1         8.75      14.75           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34715912        3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
34590471        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
35033877        3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
35155449        3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
34833053        3        1            7         13            0                                                       None
35105162        3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
4000165306      3        1            6         12            0                                                       None
34739441        3        1         5.75      11.75           36                              6 mo.s interest less 20% obal
34991828        3        1        6.625     12.625           24                         min (2% prepaid, 60 days interest)
35010818        3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
35082122        3        1        7.375     13.375           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
33017930        3        1        7.375     13.375           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000168849      0        0            0          0           36                                                 1% prepaid
34966754        3        1        7.625     13.625           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000157501      0        0            0          0           36                              6 mo.s interest less 20% obal
33018557        0        0            0          0           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34998419        3        1            7         13           36                         min (2% prepaid, 60 days interest)
35091446        3        1         7.25      13.25           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35155100        3        1            7         13            0                                                       None
4000177087      3        1          8.5       14.5           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000155610      0        0            0          0            0                                                       None
35111889        3        1        6.875     12.875            0                                                       None
35009513        3        1        6.375     12.375           36                              6 mo.s interest less 20% obal
35071687        3        1         6.75      12.75            0                                                       None
35127471        3        1        8.625     14.625           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000169866      3        1        5.999     11.999           36                              6 mo.s interest less 20% obal
34997692        3        1         6.75      12.75           36                         min (2% prepaid, 60 days interest)
33735499        3        1         6.25      12.25           12                              6 mo.s interest less 20% obal

<CAPTION>
                                              PAYMENT
              FIRST RATE      RATE RESET       RESET                                  MI
  LOANID      RESET DATE       FREQUENCY     FREQUENCY  PURPOSE   DIV  IO    IOTERM  FLAG
-----------------------------------------------------------------------------------------
<S>           <C>                  <C>            <C>  <C>         <C>  <C>    <C>    <C>
34131037      00/00/0000           0              0    C/O Refi    N    N       0     N
35205665        9/1/2006           6              6    Purchase    N    Y      60     N
4000165318    00/00/0000           0              0    Purchase    N    N       0     N
35026277        9/1/2006           6              6    Purchase    N    Y      60     N
34082545        8/1/2006           6              6    Purchase    N    Y      60     N
34987024        9/1/2006           6              6    C/O Refi    N    Y      60     N
4000161060      9/1/2007           6              6    Purchase    N    N       0     N
35184712        8/1/2006           6              6    C/O Refi    N    Y      60     Y
34900688        9/1/2006           6              6    C/O Refi    N    N       0     N
34655407        9/1/2006           6              6    Purchase    N    N       0     N
34021824        9/1/2007           6              6    Purchase    N    Y      60     N
34737817        9/1/2007           6              6    R/T Refi    N    Y      60     N
34378588        9/1/2006           6              6    C/O Refi    N    N       0     Y
35151323        8/1/2007           6              6    Purchase    N    N       0     N
34021006        9/1/2006           6              6    Purchase    N    Y      60     N
35268689        9/1/2006           6              6    C/O Refi    N    Y      60     N
35110436        9/1/2007           6              6    Purchase    N    N       0     Y
34737247        9/1/2007           6              6    Purchase    N    Y      60     N
35243724        9/1/2006           6              6    Purchase    N    N       0     N
34859348      00/00/0000           0              0    Purchase    N    N       0     N
34658286        9/1/2006           6              6    C/O Refi    N    N       0     N
34996835        9/1/2006           6              6    Purchase    N    N       0     N
35402296        9/1/2006           6              6    Purchase    N    N       0     N
4000175032      9/1/2006           6              6    Purchase    N    Y      60     N
4000170624      9/1/2007           6              6    Purchase    N    N       0     N
34660712        9/1/2006           6              6    Purchase    N    Y      60     N
4000164911      9/1/2006           6              6    C/O Refi    N    Y      60     N
35028992        9/1/2006           6              6    C/O Refi    N    N       0     Y
35071794        8/1/2006           6              6    Purchase    N    Y      60     N
35109834        9/1/2006           6              6    Purchase    N    N       0     N
35242460        9/1/2006           6              6    C/O Refi    N    N       0     N
35242569      00/00/0000           0              0    C/O Refi    N    N       0     N
4000168072      9/1/2009           6              6    R/T Refi    N    N       0     Y
34377168        9/1/2009           6              6    Purchase    N    Y      60     N
34504399        8/1/2006           6              6    C/O Refi    N    N       0     N
4000159677      8/1/2006           6              6    Purchase    N    Y      60     N
34939611        9/1/2009           6              6    Purchase    N    Y      60     N
34965103        9/1/2007           6              6    Purchase    N    Y      60     Y
35191113        9/1/2006           6              6    Purchase    N    Y      60     N
35207513        3/1/2005           6              6    C/O Refi    N    Y      60     N
34977702      00/00/0000           0              0    R/T Refi    N    N       0     N
4000167663      8/1/2006           6              6    R/T Refi    N    N       0     N
34798942        9/1/2006           6              6    Purchase    N    Y      60     N
34993659        9/1/2006           6              6    Purchase    N    N       0     N
35205855        9/1/2007           6              6    C/O Refi    N    Y      60     N
4000169334      9/1/2006           6              6    Purchase    N    Y      60     N
4000176589      9/1/2006           6              6    C/O Refi    N    Y      60     Y
34669739        7/1/2009           6              6    Purchase    N    N       0     N
4000150755      9/1/2009           6              6    Purchase    N    Y      60     N
34714048        9/1/2009           6              6    C/O Refi    N    Y      60     N
34896993        9/1/2007           6              6    C/O Refi    N    N       0     N
4000168495      9/1/2009           6              6    Purchase    N    Y      60     N
34951301        9/1/2006           6              6    Purchase    N    Y      60     N
34716514        9/1/2006           6              6    Purchase    N    Y      60     N
34859934        9/1/2006           6              6    C/O Refi    N    N       0     N
34968891        8/1/2006           6              6    C/O Refi    N    N       0     Y
4000169379      9/1/2007           6              6    C/O Refi    N    N       0     Y
34759191        9/1/2006           6              6    Purchase    N    Y      60     N
34936781      00/00/0000           0              0    Purchase    N    Y      60     N
4000157797      9/1/2006           6              6    C/O Refi    N    Y      60     Y
35196559        9/1/2009           6              6    Purchase    N    Y      60     N
4000172297      9/1/2006           6              6    C/O Refi    N    Y      60     N
4000168210      9/1/2006           6              6    C/O Refi    N    Y      60     N
35147552      00/00/0000           0              0    Purchase    N    N       0     N
35105949        9/1/2009           6              6    Purchase    N    N       0     N
35075498        9/1/2009           6              6    Purchase    N    Y      60     N
34865717        9/1/2007           6              6    C/O Refi    N    N       0     Y
35209923        9/1/2006           6              6    Purchase    N    Y      60     N
34408344        9/1/2007           6              6    Purchase    N    N       0     Y
34515098        8/1/2006           6              6    C/O Refi    N    N       0     Y
34730077        2/1/2005           6              6    R/T Refi    N    Y      60     N
35012160        9/1/2007           6              6    C/O Refi    N    Y      60     N
4000169330      9/1/2007           6              6    Purchase    N    Y      60     N
4000163634      9/1/2006           6              6    Purchase    N    Y      60     N
35010669        9/1/2006           6              6    Purchase    N    Y      60     N
34236877        9/1/2006           6              6    C/O Refi    N    Y      60     N
4000171721      9/1/2006           6              6    Purchase    N    N       0     N
34715912        9/1/2006           6              6    C/O Refi    N    Y      60     N
34590471        9/1/2009           6              6    Purchase    N    N       0     N
35033877        9/1/2009           6              6    Purchase    N    Y      60     N
35155449        9/1/2006           6              6    Purchase    N    N       0     Y
34833053        8/1/2006           6              6    C/O Refi    N    N       0     N
35105162        9/1/2006           6              6    Purchase    N    N       0     N
4000165306      9/1/2007           6              6    Purchase    N    Y      60     N
34739441        8/1/2007           6              6    Purchase    N    Y      60     N
34991828        9/1/2006           6              6    Purchase    N    Y      60     N
35010818        9/1/2006           6              6    Purchase    N    Y      60     N
35082122        9/1/2006           6              6    Purchase    N    Y      60     Y
33017930        9/1/2007           6              6    C/O Refi    N    Y      60     N
4000168849    00/00/0000           0              0    R/T Refi    N    N       0     N
34966754        9/1/2006           6              6    Purchase    N    Y      60     N
4000157501    00/00/0000           0              0    Purchase    N    Y      60     N
33018557      00/00/0000           0              0    C/O Refi    N    N       0     N
34998419        9/1/2006           6              6    C/O Refi    N    Y      60     N
35091446        9/1/2006           6              6    Purchase    N    N       0     Y
35155100        9/1/2009           6              6    Purchase    N    Y      60     N
4000177087      9/1/2006           6              6    Purchase    N    N       0     N
4000155610    00/00/0000           0              0    Purchase    N    N       0     N
35111889        9/1/2009           6              6    C/O Refi    N    N       0     N
35009513        9/1/2007           6              6    C/O Refi    N    Y      60     N
35071687        8/1/2006           6              6    C/O Refi    N    N       0     N
35127471        9/1/2006           6              6    Purchase    N    N       0     N
4000169866      9/1/2009           6              6    Purchase    N    Y      60     N
34997692        9/1/2006           6              6    C/O Refi    N    Y      60     Y
33735499        8/1/2006           6              6    Purchase    N    Y      60     N
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
                                                          PROPERTY                    ORIGINAL ORIGINATION  FIRST PAY   MATURITY
  LOANID              CITY                 ZIP    STATE     TYPE       OCCUPANCY        TERM      DATE        DATE        DATE
--------------------------------------------------------------------------------------------------------------------------------
<S>           <C>                         <C>       <C>   <C>        <C>                <C>     <C>         <C>         <C>
34749689      RICHMOND                    23222     VA       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
4000171815    NILES                       49120     MI       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
34735126      SANTA CLARA                 84765     UT       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
35067404      BISHOPVILLE                 29010     SC       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
34756072      HYATTSVILLE                 20782     MD       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
34080762      LAS VEGAS                   89144     NV       PUD     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
4000171159    STOCKTON                    95212     CA       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
35150531      MEMPHIS                     38118     TN       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35072248      INMAN                       29349     SC       SFR     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
34736827      SAINT GEORGE                84790     UT       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
34857797      CHICAGO                     60628     IL    Units 2-4  Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
35071604      CHARLOTTE                   28278     NC       PUD     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35135128      NEW LENOX                   60451     IL       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34994954      SAINT PAUL                  55125     MN       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34761262      UPPER MARLBORO              20772     MD       PUD     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34993642      BROOKLYN CENTER             55429     MN       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
4000175963    WYOMING                     49509     MI       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34973552      CHESWICK                    15024     PA       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34698316      MIAMI                       33142     FL       SFR       Second Home      360     8/13/2004   10/1/2004   9/1/2034
34705939      INGLEWOOD                   90303     CA       SFR     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
4000173420    DOVER                       44622     OH       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
35131804      PLAINFIELD                  60544     IL       PUD     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34975490      LAWRENCEBURG                47025     IN       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
34530139      OLATHE                      66062     KS       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34716753      WHITTIER                    90605     CA       SFR     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
4000168637    COLUMBIA                    21045     MD       PUD     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
4000173930    MUSKEGON                    49445     MI       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34658310      SAINT LOUIS                 63138     MO       PUD     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
34859793      STREATOR                    61364     IL       SFR     Owner Occupied     180      8/4/2004   10/1/2004   9/1/2019
4000170372    SPANAWAY                    98387     WA       PUD     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
34513150      CENTERVILLE                 45459     OH       SFR     Owner Occupied     360      8/3/2004    9/1/2004   8/1/2034
34908442      HARRIMAN                    37748     TN       SFR     Owner Occupied     360     6/30/2004    8/1/2004   7/1/2034
4000174380    LAKEWOOD                    98498     WA       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35224757      KISSIMMEE                   34741     FL       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
35285170      RIVERSIDE                    8075     NJ       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34713297      SOUTH EL MONTE              91733     CA       SFR     Owner Occupied     360     7/16/2004    9/1/2004   8/1/2034
34796235      SAN DIEGO                   92154     CA       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
4000173831    TRACY                       95376     CA       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
34918805      MELBOURNE                   32940     FL       PUD     Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
35188275      REDLANDS                    92374     CA       PUD     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
4000167382    MERCED                      95348     CA       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
35122258      ALSIP                       60803     IL       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
34867192      TRENTON                     13304     NY       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
4000167680    WEST BLOOMFIELD             48324     MI       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
4000161143    MAPLE VALLEY                98038     WA       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
34995183      GOLDEN VALLEY               55422     MN       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35224625      ROCKLEDGE                   32955     FL       PUD     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
35243526      COLLEGE STATION             77845     TX       PUD     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
4000170359    GRAND BLANC                 48439     MI       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
4000177673    SACRAMENTO                  95825     CA      Condo    Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35084912      COLUMBUS                    43206     OH       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
35182773      SOUTH GATE                  90280     CA       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
35264720      BEAUMONT                    92223     CA       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
4000161028    GARDEN CITY                 11530     NY       SFR     Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
35402122      MCDONOUGH                   30253     GA       PUD     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
33978628      ARVADA                      80003     CO      Condo    Owner Occupied     360     6/23/2004    8/1/2004   7/1/2034
4000107866    GILBERT                     85297     AZ       PUD     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
34925305      BEAVERTON                   97006     OR       PUD     Owner Occupied     360     7/27/2004    9/1/2004   8/1/2034
34939421      EUGENE                      97402     OR       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
35234764      APOPKA                      32703     FL       PUD     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35150200      DUNCAN                      29334     SC       PUD        Investor        360     8/18/2004   10/1/2004   9/1/2034
34858365      GODLEY                      60407     IL       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
4000162474    LONG BEACH                  11561     NY    Units 2-4  Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
35202381      EL CAJON                    92020     CA      Condo    Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
4000164687    PITTSFIELD TOWNSHIP         48108     MI      Condo    Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
4000166162    ENCINO AREA                 91436     CA       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
34759233      ASHBURN                     20148     VA       PUD     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34798827      SANTEE                      92071     CA      Condo    Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
34883710      PALM BEACH GARDENS          33410     FL       SFR     Owner Occupied     360     6/25/2004    8/1/2004   7/1/2034
34935395      PORTLAND                    97230     OR       SFR     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
4000165703    CANOGA PARK AREA            91304     CA      Condo    Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
34859579      CHICAGO                     60636     IL       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34894196      WINTER PARK                 32792     FL      Condo    Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
34477653      NORTHRIDGE                  91324     CA       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
4000169153    NEW HAVEN                    6512     CT      Condo    Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34989657      CHISHOLM                    55719     MN       SFR     Owner Occupied     360      8/5/2004    9/1/2004   8/1/2034
34379347      FORT LEE                     7024     NJ       SFR        Investor        360      8/6/2004   10/1/2004   9/1/2034
34998476      SARTELL                     56377     MN       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
4000168055    LYNNFIELD                    1940     MA       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34988444      BELLE PLAINE                56011     MN       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
4000165450    CHANDLER                    85249     AZ       PUD     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
34898536      SEFFNER                     33584     FL       PUD     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
35031525      COLTON                      92324     CA       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35283670      PHILADELPHIA                19136     PA    Units 2-4  Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
4000163269    MODESTO                     95350     CA       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
4000167875    MANTECA                     95336     CA       SFR     Owner Occupied     360      8/8/2004   10/1/2004   9/1/2034
34694935      MIAMI                       33186     FL       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
4000155945    ANTIOCH                     94531     CA       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
35102391      AUSTIN                      78717     TX       PUD     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
34658583      O'FALLON                    63366     MO       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
35188879      IRVINE                      92614     CA       PUD     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
35268564      COLTON                      92324     CA       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35108349      PLANO                       75023     TX       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34712547      POMONA                      91766     CA      Condo       Investor        360      8/3/2004   10/1/2004   9/1/2034
4000173900    BENICIA                     94510     CA      Condo    Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
4000165793    TUMWATER                    98512     WA       SFR     Owner Occupied     180     8/17/2004   10/1/2004   9/1/2019
4000172432    CUPERTINO                   95014     CA       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
4000167394    NORTH HIGHLANDS             95660     CA       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
34659805      CUDAHY                      53110     WI       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34868273      GLENS FALLS                 12801     NY       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
35226570      APOPKA                      32703     FL       PUD     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34936377      LAKE OSWEGO                 97035     OR       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
35108315      AUSTIN                      78727     TX       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
4000165203    GOLETA                      93117     CA      Condo    Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
4000166217    KENT                        98031     WA       PUD     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034

<CAPTION>
                                                                                      ORIGINAL
                                                                                      COMBAINED
              REMAINING     ORIGINAL   SCHEDULED                       PAID THRU       LOAN TO      OTS
  LOANID        TERM        BALANCE     BALANCE      RATE      P&I        DATE          VALUE   DELINQUENCY INDEX       MARGIN
------------------------------------------------------------------------------------------------------------------------------
<S>              <C>      <C>         <C>           <C>     <C>        <C>              <C>        <C>       <C>        <C>
34749689         359       60,000.00   60,000.00    6.625     331.25   10/1/2004           80      0-29      6ML          4.5
4000171815       359       73,600.00   73,600.00      6.5     398.67   10/1/2004           80      0-29      6ML            5
34735126         359      194,400.00  194,400.00    6.875   1,113.75   10/1/2004           90      0-29      6ML          5.5
35067404         359       47,600.00   47,571.16      8.5     366.01   10/1/2004           85      0-29      FIX            0
34756072         359      243,000.00  242,790.78     6.75   1,576.10   10/1/2004           90      0-29      6ML        5.375
34080762         359      247,900.00  247,900.00      6.5   1,342.79   10/1/2004        79.99      0-29      6ML        4.875
4000171159       359      289,100.00  289,100.00    5.999   1,445.26   10/1/2004        84.99      0-29      6ML          4.5
35150531         359       70,400.00   70,339.38     6.75     456.62   10/1/2004           80      0-29      6ML        5.125
35072248         358      107,100.00  107,100.00     6.99     623.86    9/1/2004        79.99      0-29      6ML            5
34736827         359      112,100.00  112,100.00    7.875     735.66   10/1/2004        84.99      0-29      6ML          6.5
34857797         359      144,000.00  144,000.00    6.625        795   10/1/2004           80      0-29      6ML         4.25
35071604         359      144,150.00  144,150.00    7.875     945.98   10/1/2004        79.99      0-29      FIX            0
35135128         359      206,900.00  206,742.56    7.375   1,429.01   10/1/2004           95      0-29      6ML         5.75
34994954         359      176,000.00  176,000.00    6.375        935   10/1/2004           80      0-29      6ML        4.125
34761262         359      196,000.00  196,000.00    6.875   1,122.92   10/1/2004           80      0-29      6ML            5
34993642         359       90,000.00   89,924.39    6.875     591.24   10/1/2004        48.65      0-29      6ML        4.625
4000175963       359      217,350.00  217,350.00    7.875   1,426.36   10/1/2004        99.98      0-29      6ML        5.875
34973552         359       88,000.00   87,946.69      8.5     676.65   10/1/2004          100      0-29      FIX            0
34698316         359       99,750.00   99,672.18     7.25     680.48   10/1/2004           95      0-29      6ML        5.625
34705939         359      304,000.00  304,000.00     7.25   1,836.67   10/1/2004           80      0-29      6ML        5.125
4000173420       359      111,800.00  111,728.71     8.25     839.92   10/1/2004          100      0-29      6ML          6.5
35131804         359      233,500.00  233,317.84     7.25   1,592.89   10/1/2004        99.98      0-29      6ML        5.875
34975490         359      126,400.00  126,264.87    5.625     727.63   10/1/2004           80      0-29      6ML         3.75
34530139         359      185,000.00  184,859.23    7.375   1,277.75   10/1/2004          100      0-29      6ML            6
34716753         358      200,000.00  199,328.52    5.125   1,088.98    9/1/2004           80      0-29      6ML        3.375
4000168637       359      148,000.00  148,000.00     6.25     770.83   10/1/2004           80      0-29      6ML         4.25
4000173930       359       72,000.00   71,954.09     8.25     540.91   10/1/2004           80      0-29      6ML        6.125
34658310         359       47,000.00   46,968.46        8     344.87   10/1/2004        46.23      0-29      FIX            0
34859793         179       35,000.00   34,898.85        8     334.48   10/1/2004        77.78      0-29      FIX            0
4000170372       359      148,400.00  148,400.00      6.5     803.83   10/1/2004           80      0-29      6ML        4.375
34513150         358      130,000.00  130,000.00    6.625     717.71   10/1/2004           80      0-29      6ML          4.5
34908442         357      130,000.00  129,670.39    6.875     854.01    9/1/2004        89.04      0-29      6ML        5.625
4000174380       359      151,600.00  151,600.00     6.25     789.58   10/1/2004           80      0-29      6ML        3.875
35224757         359       75,000.00   74,956.85     8.75     590.03   10/1/2004           75      0-29      6ML        6.125
35285170         359      232,800.00  232,800.00    7.625   1,479.25   10/1/2004           97      0-29      6ML         5.75
34713297         358      203,000.00  202,460.54     5.75   1,184.66    9/1/2004        71.23      0-29      6ML        3.625
34796235         359      369,600.00  369,600.00     5.75   1,771.00   10/1/2004           80      0-29      6ML        3.875
4000173831       359      321,600.00  321,600.00    5.999   1,607.73   10/1/2004           80      0-29      6ML        4.125
34918805         358      187,850.00  187,850.00    7.875   1,232.77    9/1/2004           85      0-29      6ML            6
35188275         359      312,000.00  312,000.00      7.5   1,950.00   10/1/2004           80      0-29      6ML          5.5
4000167382       359      300,000.00  300,000.00     7.75   1,937.50   10/1/2004        83.33      0-29      6ML            6
35122258         359      169,100.00  168,983.62    7.875   1,226.10   10/1/2004           95      0-29      6ML         5.25
34867192         359       86,360.00   86,315.22     9.25     710.47   10/1/2004           85      0-29      FIX            0
4000167680       359      162,350.00  162,249.09    8.375   1,233.98   10/1/2004        74.99      0-29      6ML        5.625
4000161143       359      155,200.00  155,200.00     6.25     808.33   10/1/2004           80      0-29      6ML        4.625
34995183         359      184,000.00  183,845.42    6.875   1,208.75   10/1/2004        78.97      0-29      6ML        5.375
35224625         359      168,800.00  168,800.00    6.125     861.58   10/1/2004           80      0-29      6ML         4.25
35243526         359      194,053.00  193,908.93      7.5   1,356.85   10/1/2004           65      0-29      6ML         5.75
4000170359       359      139,200.00  139,200.00    5.875      681.5   10/1/2004           80      0-29      6ML        3.375
4000177673       359      164,700.00  164,700.00    5.125     703.41   10/1/2004        79.99      0-29      6ML         3.75
35084912         359       66,600.00   66,554.16    7.875      482.9   10/1/2004           90      0-29      6ML          6.5
35182773         359      180,500.00  180,340.74    6.625   1,155.77   10/1/2004        60.17      0-29      6ML         4.25
35264720         359      268,000.00  268,000.00        7   1,563.33   10/1/2004           80      0-29      FIX            0
4000161028       358      622,500.00  621,371.47      6.5   3,934.62    9/1/2004           75      0-29      FIX            0
35402122         359      511,200.00  511,200.00     5.75   2,449.50   10/1/2004           80      0-29      6ML        3.875
33978628         357      124,200.00  124,198.62    7.375     763.31   10/1/2004           90      0-29      6ML        5.625
4000107866       359      195,050.00  195,050.00    5.999     975.09   10/1/2004        79.98      0-29      FIX            0
34925305         358      135,700.00  135,700.00    6.125     692.64    9/1/2004        79.96      0-29      6ML        4.125
34939421         359      116,000.00  115,895.13      6.5      733.2   10/1/2004           80      0-29      6ML          4.5
35234764         359      153,000.00  153,000.00    7.625     972.19   10/1/2004          100      0-29      6ML         5.75
35150200         359      166,729.00  166,729.00    7.375   1,024.69   10/1/2004           90      0-29      6ML        4.125
34858365         359       79,000.00   78,933.62    6.875     518.98   10/1/2004        45.66      0-29      FIX            0
4000162474       358      425,000.00  424,191.38     6.25   2,616.80    9/1/2004        74.56      0-29      FIX            0
35202381         359      335,825.00  335,825.00      6.5   1,819.05   10/1/2004           95      0-29      6ML        4.875
4000164687       359       60,800.00   60,800.00     6.25     316.67   10/1/2004           80      0-29      6ML          4.5
4000166162       359      748,000.00  747,401.84    7.125   5,039.41   10/1/2004           80      0-29      FIX            0
34759233         359      540,000.00  540,000.00    6.875   3,093.75   10/1/2004           80      0-29      6ML        4.875
34798827         359      212,500.00  212,321.47    6.875   1,395.98   10/1/2004        64.39      0-29      6ML        4.375
34883710         357      105,000.00  104,377.83    7.875     761.33    9/1/2004        61.05      0-29      FIX            0
34935395         358      176,000.00  176,000.00    7.375   1,081.67    9/1/2004           80      0-29      6ML         5.25
4000165703       358      327,250.00  327,250.00     6.25   1,704.43    9/1/2004           85      0-29      6ML         4.25
34859579         359       50,000.00   49,946.55    5.625     287.83   10/1/2004         64.1      0-29      6ML         5.25
34894196         358       49,500.00   49,420.58    7.125      333.5    9/1/2004           90      0-29      6ML          5.5
34477653         359      562,500.00  561,953.28    6.125   3,417.81   10/1/2004           75      0-29      6ML            4
4000169153       359      103,900.00  103,824.80    7.625      735.4   10/1/2004        79.98      0-29      FIX            0
34989657         358       35,800.00   35,746.69      7.5     250.32   10/1/2004        78.17      0-29      FIX            0
34379347         359      192,500.00  192,380.35    8.375   1,463.14   10/1/2004        37.75      0-29      6ML        5.875
34998476         359      130,550.00  130,550.00    6.625     720.74   10/1/2004        79.99      0-29      6ML            5
4000168055       359      422,750.00  422,750.00    6.875   2,422.01   10/1/2004           95      0-29      6ML        5.375
34988444         359      175,000.00  174,888.41     8.25   1,314.72   10/1/2004        79.55      0-29      6ML        6.125
4000165450       359      604,000.00  603,384.19    5.875   3,572.89   10/1/2004           80      0-29      6ML            4
34898536         359      126,900.00  126,826.98     8.75     998.33   10/1/2004           90      0-29      6ML            7
35031525         359      193,800.00  193,800.00    6.875   1,110.31   10/1/2004           85      0-29      6ML         4.75
35283670         359      119,000.00  119,000.00     7.75     768.54   10/1/2004           85      0-29      6ML         6.25
4000163269       359      260,000.00  260,000.00    7.125   1,543.75   10/1/2004          100      0-29      6ML         5.25
4000167875       359      256,000.00  256,000.00    5.375   1,146.67   10/1/2004           80      0-29      6ML        3.375
34694935         359      164,000.00  164,000.00     7.99   1,091.97   10/1/2004        74.55      0-29      6ML        5.375
4000155945       359      557,600.00  557,600.00    6.625   3,078.42   10/1/2004           80      0-29      6ML         3.75
35102391         359      122,700.00  122,700.00        6      613.5   10/1/2004        79.98      0-29      6ML        3.875
34658583         359      108,000.00  107,937.86     8.75     849.64   10/1/2004           80      0-29      6ML        6.375
35188879         359      750,000.00  749,338.29    6.625   4,802.34   10/1/2004           75      0-29      6ML          3.5
35268564         359      105,000.00  104,913.93        7     698.57   10/1/2004        64.42      0-29      FIX            0
35108349         359      128,800.00  128,689.10     6.75      835.4   10/1/2004           80      0-29      FIX            0
34712547         359      225,000.00  225,000.00     6.99   1,310.63   10/1/2004           90      0-29      6ML          4.5
4000173900       359      216,800.00  216,800.00      6.5   1,174.33   10/1/2004           80      0-29      6ML        4.375
4000165793       179      113,000.00  112,643.46    6.999   1,015.61   10/1/2004        83.09      0-29      FIX            0
4000172432       359      468,000.00  468,000.00    5.999   2,339.61   10/1/2004           80      0-29      6ML        4.125
4000167394       359      216,000.00  216,000.00    5.625   1,012.50   10/1/2004           80      0-29      6ML        3.875
34659805         359      119,700.00  119,623.67     8.25     899.27   10/1/2004           90      0-29      6ML          6.5
34868273         359       67,400.00   67,358.11    8.375     512.29   10/1/2004        99.26      0-29      6ML         6.25
35226570         359      135,900.00  135,900.00    6.875     778.59   10/1/2004        79.99      0-29      6ML         4.75
34936377         359      318,000.00  317,732.84    6.875   2,089.04   10/1/2004        94.93      0-29      6ML          5.5
35108315         359      140,000.00  139,882.37    6.875     919.71   10/1/2004        65.73      0-29      FIX            0
4000165203       359      472,150.00  472,150.00     7.25   2,852.57   10/1/2004           95      0-29      6ML          5.5
4000166217       359      212,025.00  212,025.00    6.625   1,170.55   10/1/2004           80      0-29      6ML         4.25

<CAPTION>
             INITIAL  PERIODIC                           PREPAYMENT
  LOANID       CAP      CAP       FLOOR    CEILING          TERM                                PREPAYMENT PENALTY
--------------------------------------------------------------------------------------------------------------------------
<S>             <C>      <C>      <C>       <C>              <C>                        <C>
34749689        3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
4000171815      3        1          6.5       12.5           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34735126        3        1        6.875     12.875           36                              6 mo.s interest less 20% obal
35067404        0        0            0          0            0                                                       None
34756072        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
34080762        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
4000171159      3        1        5.999     11.999           24                              6 mo.s interest less 20% obal
35150531        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
35072248        3        1         6.99      12.99            0                                                       None
34736827        3        1        7.875     13.875           36                              6 mo.s interest less 20% obal
34857797        3        1        6.625     12.625           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35071604        0        0            0          0            0                                                       None
35135128        3        1        7.375     13.375           12                              3%/2%/1%-1st yr/2nd yr/3rd yr
34994954        3        1        6.375     12.375           36                         min (2% prepaid, 60 days interest)
34761262        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
34993642        3        1        6.875     12.875           24                         min (2% prepaid, 60 days interest)
4000175963      3        1        7.875     13.875           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34973552        0        0            0          0           36                              6 mo.s interest less 20% obal
34698316        3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
34705939        3        1         7.25      13.25           36                              6 mo.s interest less 20% obal
4000173420      3        1         8.25      14.25           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35131804        3        1         7.25      13.25           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34975490        3        1        5.625     11.625           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34530139        3        1        7.375     13.375           24                              6 mo.s interest less 20% obal
34716753        3        1        5.125     11.125           24                              6 mo.s interest less 20% obal
4000168637      3        1         6.25      12.25           36                              6 mo.s interest less 20% obal
4000173930      3        1         8.25      14.25           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34658310        0        0            0          0           36                                                 2% prepaid
34859793        0        0            0          0           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000170372      3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
34513150        3        1        6.625     12.625           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34908442        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
4000174380      3        1         6.25      12.25           36                              6 mo.s interest less 20% obal
35224757        3        1         8.75      14.75           24                              6 mo.s interest less 20% obal
35285170        3        1        7.625     13.625            0                                                       None
34713297        3        1         5.75      11.75           24                              6 mo.s interest less 20% obal
34796235        3        1         5.75      11.75           24                              6 mo.s interest less 20% obal
4000173831      3        1        5.999     11.999           24                              6 mo.s interest less 20% obal
34918805        3        1        7.875     13.875           24                              6 mo.s interest less 20% obal
35188275        3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
4000167382      3        1         7.75      13.75           36                              6 mo.s interest less 20% obal
35122258        3        1        7.875     13.875            0                                                       None
34867192        0        0            0          0           12                              6 mo.s interest less 20% obal
4000167680      3        1        8.375     14.375           12                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000161143      3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
34995183        3        1        6.875     12.875           36                         min (2% prepaid, 60 days interest)
35224625        3        1        6.125     12.125           36                              6 mo.s interest less 20% obal
35243526        3        1          7.5       13.5           36                              6 mo.s interest less 20% obal
4000170359      3        1        5.875     11.875           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000177673      3        1        5.125     11.125           36                              6 mo.s interest less 20% obal
35084912        3        1        7.875     13.875           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35182773        3        1        6.625     12.625           36                              6 mo.s interest less 20% obal
35264720        0        0            0          0           36                              6 mo.s interest less 20% obal
4000161028      0        0            0          0            0                                                       None
35402122        3        1         5.75      11.75            0                                                       None
33978628        3        1        7.375     13.375           24                              6 mo.s interest less 20% obal
4000107866      0        0            0          0           36                              6 mo.s interest less 20% obal
34925305        3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
34939421        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
35234764        3        1        7.625     13.625           24                              6 mo.s interest less 20% obal
35150200        3        1        7.375     13.375            0                                                       None
34858365        0        0            0          0            0                                                       None
4000162474      0        0            0          0            0                                                       None
35202381        3        1          6.5       12.5           12                              6 mo.s interest less 20% obal
4000164687      3        1         6.25      12.25           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000166162      0        0            0          0           36                              6 mo.s interest less 20% obal
34759233        3        1        6.875     12.875           12                              6 mo.s interest less 20% obal
34798827        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
34883710        0        0            0          0           36                              6 mo.s interest less 20% obal
34935395        3        1        7.375     13.375           24                              6 mo.s interest less 20% obal
4000165703      3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
34859579        3        1        5.625     11.625           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34894196        3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
34477653        3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
4000169153      0        0            0          0           36                              6 mo.s interest less 20% obal
34989657        0        0            0          0           36                         min (2% prepaid, 60 days interest)
34379347        3        1        8.375     14.375            0                                                       None
34998476        3        1        6.625     12.625           36                         min (2% prepaid, 60 days interest)
4000168055      3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
34988444        3        1         8.25      14.25           36                         min (2% prepaid, 60 days interest)
4000165450      3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
34898536        3        1         8.75      14.75           24                              6 mo.s interest less 20% obal
35031525        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
35283670        3        1         7.75      13.75           24                              6 mo.s interest less 20% obal
4000163269      3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
4000167875      3        1        5.375     11.375           24                              6 mo.s interest less 20% obal
34694935        3        1         7.99      13.99           24                              6 mo.s interest less 20% obal
4000155945      3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
35102391        3        1            6         12           24                              6 mo.s interest less 20% obal
34658583        3        1         8.75      14.75           24                                                 2% prepaid
35188879        3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
35268564        0        0            0          0           36                              6 mo.s interest less 20% obal
35108349        0        0            0          0           36                              6 mo.s interest less 20% obal
34712547        3        1         6.99      12.99           24                              6 mo.s interest less 20% obal
4000173900      3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
4000165793      0        0            0          0           36                              6 mo.s interest less 20% obal
4000172432      3        1        5.999     11.999           24                              6 mo.s interest less 20% obal
4000167394      3        1        5.625     11.625           24                              6 mo.s interest less 20% obal
34659805        3        1         8.25      14.25           24                              6 mo.s interest less 20% obal
34868273        3        1        8.375     14.375            0                                                       None
35226570        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
34936377        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
35108315        0        0            0          0            0                                                       None
4000165203      3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
4000166217      3        1        6.625     12.625           24                              6 mo.s interest less 20% obal

<CAPTION>
                                              PAYMENT
              FIRST RATE      RATE RESET       RESET                                  MI
  LOANID      RESET DATE       FREQUENCY     FREQUENCY  PURPOSE   DIV  IO    IOTERM  FLAG
-----------------------------------------------------------------------------------------
<S>           <C>                  <C>            <C>  <C>         <C>  <C>    <C>    <C>
34749689        9/1/2006           6              6    Purchase    N    Y      60     N
4000171815      9/1/2006           6              6    Purchase    N    Y      60     N
34735126        9/1/2007           6              6    Purchase    N    Y      60     Y
35067404      00/00/0000           0              0    Purchase    N    N       0     N
34756072        9/1/2006           6              6    C/O Refi    N    N       0     Y
34080762        9/1/2006           6              6    Purchase    N    Y      60     N
4000171159      9/1/2006           6              6    Purchase    N    Y      60     Y
35150531        9/1/2006           6              6    Purchase    N    N       0     N
35072248        8/1/2009           6              6    Purchase    N    Y      60     N
34736827        9/1/2006           6              6    Purchase    N    Y      60     N
34857797        9/1/2006           6              6    C/O Refi    N    Y      60     N
35071604      00/00/0000           0              0    Purchase    N    Y      60     N
35135128        9/1/2006           6              6    C/O Refi    N    N       0     Y
34994954        9/1/2009           6              6    Purchase    N    Y      60     N
34761262        9/1/2006           6              6    Purchase    N    Y      60     N
34993642        9/1/2006           6              6    C/O Refi    N    N       0     N
4000175963      9/1/2006           6              6    Purchase    N    Y      60     N
34973552      00/00/0000           0              0    Purchase    N    N       0     N
34698316        9/1/2006           6              6    Purchase    N    N       0     Y
34705939        9/1/2007           6              6    C/O Refi    N    Y      60     N
4000173420      9/1/2006           6              6    Purchase    N    N       0     N
35131804        9/1/2006           6              6    Purchase    N    N       0     N
34975490        9/1/2006           6              6    Purchase    N    N       0     N
34530139        9/1/2006           6              6    C/O Refi    N    N       0     N
34716753        8/1/2006           6              6    Purchase    N    N       0     N
4000168637      9/1/2006           6              6    C/O Refi    N    Y      60     N
4000173930      9/1/2006           6              6    C/O Refi    N    N       0     N
34658310      00/00/0000           0              0    C/O Refi    N    N       0     N
34859793      00/00/0000           0              0    C/O Refi    N    N       0     N
4000170372      9/1/2006           6              6    Purchase    N    Y      60     N
34513150        8/1/2006           6              6    Purchase    N    Y      60     N
34908442        7/1/2006           6              6    R/T Refi    N    N       0     N
4000174380      9/1/2009           6              6    Purchase    N    Y      60     N
35224757        9/1/2006           6              6    Purchase    N    N       0     N
35285170        9/1/2006           6              6    Purchase    N    Y      60     N
34713297        8/1/2006           6              6    C/O Refi    N    N       0     N
34796235        9/1/2006           6              6    Purchase    N    Y      60     N
4000173831      9/1/2006           6              6    Purchase    N    Y      60     N
34918805        8/1/2006           6              6    C/O Refi    N    Y      60     N
35188275        9/1/2006           6              6    C/O Refi    N    Y      60     N
4000167382      9/1/2007           6              6    C/O Refi    N    Y      60     N
35122258        9/1/2006           6              6    C/O Refi    N    N       0     N
34867192      00/00/0000           0              0    Purchase    N    N       0     Y
4000167680      9/1/2006           6              6    Purchase    N    N       0     N
4000161143      9/1/2006           6              6    Purchase    N    Y      60     N
34995183        9/1/2006           6              6    C/O Refi    N    N       0     N
35224625        9/1/2007           6              6    Purchase    N    Y      60     N
35243526        9/1/2007           6              6    Purchase    N    N       0     N
4000170359      9/1/2009           6              6    C/O Refi    N    Y      60     N
4000177673      9/1/2006           6              6    Purchase    N    Y      60     N
35084912        9/1/2006           6              6    C/O Refi    N    N       0     N
35182773        9/1/2009           6              6    R/T Refi    N    N       0     N
35264720      00/00/0000           0              0    C/O Refi    N    Y      60     N
4000161028    00/00/0000           0              0    Purchase    N    N       0     N
35402122        9/1/2007           6              6    Purchase    N    Y      60     N
33978628        7/1/2006           6              6    Purchase    N    Y      60     N
4000107866    00/00/0000           0              0    Purchase    N    Y      60     N
34925305        8/1/2006           6              6    Purchase    N    Y      60     N
34939421        9/1/2006           6              6    R/T Refi    N    N       0     N
35234764        9/1/2006           6              6    C/O Refi    N    Y      60     N
35150200        9/1/2007           6              6    Purchase    N    Y      60     Y
34858365      00/00/0000           0              0    Purchase    N    N       0     N
4000162474    00/00/0000           0              0    C/O Refi    N    N       0     N
35202381        9/1/2006           6              6    Purchase    N    Y      60     N
4000164687      9/1/2006           6              6    Purchase    N    Y      60     N
4000166162    00/00/0000           0              0    Purchase    N    N       0     N
34759233        9/1/2006           6              6    Purchase    N    Y      60     N
34798827        9/1/2009           6              6    R/T Refi    N    N       0     N
34883710      00/00/0000           0              0    C/O Refi    N    N       0     N
34935395        8/1/2006           6              6    C/O Refi    N    Y      60     N
4000165703      8/1/2006           6              6    Purchase    N    Y      60     N
34859579        9/1/2006           6              6    C/O Refi    N    N       0     N
34894196        8/1/2006           6              6    Purchase    N    N       0     Y
34477653        9/1/2006           6              6    Purchase    N    N       0     N
4000169153    00/00/0000           0              0    Purchase    N    N       0     N
34989657      00/00/0000           0              0    Purchase    N    N       0     N
34379347        9/1/2006           6              6    C/O Refi    N    N       0     N
34998476        9/1/2006           6              6    Purchase    N    Y      60     N
4000168055      9/1/2006           6              6    Purchase    N    Y      60     N
34988444        9/1/2007           6              6    C/O Refi    N    N       0     N
4000165450      9/1/2006           6              6    Purchase    N    N       0     N
34898536        9/1/2006           6              6    Purchase    N    N       0     Y
35031525        9/1/2009           6              6    C/O Refi    N    Y      60     Y
35283670        9/1/2006           6              6    Purchase    N    Y      60     N
4000163269      9/1/2006           6              6    Purchase    N    Y      60     N
4000167875      9/1/2006           6              6    Purchase    N    Y      60     N
34694935        9/1/2009           6              6    C/O Refi    N    Y      60     N
4000155945      9/1/2009           6              6    Purchase    N    Y      60     N
35102391        9/1/2006           6              6    Purchase    N    Y      60     N
34658583        9/1/2006           6              6    R/T Refi    N    N       0     N
35188879        9/1/2009           6              6    C/O Refi    N    N       0     N
35268564      00/00/0000           0              0    R/T Refi    N    N       0     N
35108349      00/00/0000           0              0    Purchase    N    N       0     N
34712547        9/1/2006           6              6    Purchase    N    Y      60     Y
4000173900      9/1/2006           6              6    Purchase    N    Y      60     N
4000165793    00/00/0000           0              0    R/T Refi    N    N       0     Y
4000172432      9/1/2006           6              6    Purchase    N    Y      60     N
4000167394      9/1/2006           6              6    Purchase    N    Y      60     N
34659805        9/1/2006           6              6    C/O Refi    N    N       0     N
34868273        9/1/2007           6              6    Purchase    N    N       0     N
35226570        9/1/2006           6              6    Purchase    N    Y      60     N
34936377        9/1/2006           6              6    C/O Refi    N    N       0     Y
35108315      00/00/0000           0              0    C/O Refi    N    N       0     N
4000165203      9/1/2006           6              6    Purchase    N    Y      60     N
4000166217      9/1/2009           6              6    Purchase    N    Y      60     N
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
                                                          PROPERTY                    ORIGINAL ORIGINATION  FIRST PAY   MATURITY
  LOANID              CITY                 ZIP    STATE     TYPE       OCCUPANCY        TERM      DATE        DATE        DATE
--------------------------------------------------------------------------------------------------------------------------------
<S>           <C>                         <C>       <C>   <C>        <C>                <C>     <C>         <C>         <C>
35129634      CHICAGO                     60628     IL       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
35005883      COLORADO SPRINGS            80907     CO       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
4000163841    LONGVIEW                    98632     WA       SFR     Owner Occupied     360     8/14/2004   10/1/2004   9/1/2034
34857029      CHICAGO                     60629     IL    Units 2-4  Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
4000175962    FORT LAUDERDALE             33312     FL       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34865972      SCHENECTADY                 12308     NY       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
33593138      DALLAS                      75228     TX       PUD     Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
4000169043    TEMECULA                    92598     CA       PUD     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
34997239      COON RAPIDS                 55433     MN       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35015809      DENVER                      80207     CO       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35081132      CORNELIUS                   28031     NC       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34561704      CORSICANA                   75110     TX       SFR     Owner Occupied     180     8/25/2004   10/1/2004   9/1/2019
4000161682    AMARILLO                    79118     TX       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35012871      LOUISVILLE                  80027     CO       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
33017443      ANDERSON                    46011     IN       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35077726      CHARLOTTE                   28269     NC       PUD     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
34527838      KANSAS CITY                 66109     KS       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
35187624      SACRAMENTO                  95823     CA    Units 2-4     Investor        360     8/10/2004   10/1/2004   9/1/2034
4000179944    MISSOURI CITY               77459     TX       PUD     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35249895      HOUSTON                     77054     TX      Condo    Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34929125      GRESHAM                     97080     OR       SFR     Owner Occupied     360     7/27/2004    9/1/2004   8/1/2034
4000163405    GRAND BLANC                 48439     MI       SFR     Owner Occupied     360      8/3/2004    9/1/2004   8/1/2034
35113224      AUSTIN                      78717     TX       PUD     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
4000170316    SAN PABLO                   94806     CA       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
35224104      JACKSONVILLE                32205     FL       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35130087      HAMMOND                     46320     IN       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
35209048      CHULA VISTA                 91911     CA       PUD     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000142920    NAPA                        94559     CA       SFR     Owner Occupied     360      5/7/2004    7/1/2004   6/1/2034
34522235      POMONA                      66076     KS       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
4000177876    AKRON                       44301     OH       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
35070085      CHARLOTTE                   28227     NC       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
4000179581    DETROIT                     48228     MI       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34845347      CROWN POINT                 46307     IN       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
4000172874    SAN LEANDRO                 94579     CA       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
35072073      CHARLOTTE                   28227     NC       SFR     Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
4000172052    SHERMAN OAKS                91403     CA       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34861906      UNION MILLS                 46382     IN       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
4000178588    HOUSTON                     77089     TX       PUD     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
4000166106    ANN ARBOR                   48108     MI      Condo    Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
34476523      CASTAIC                     91384     CA       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
35284777      PEEKSKILL                   10566     NY       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
33017039      MUNCIE                      47302     IN       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
35070531      RALEIGH                     27613     NC       PUD     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
4000138611    PLEASANT CITY               43772     OH       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
35083203      ELSMERE                     41018     KY       SFR     Owner Occupied     180     8/26/2004   10/1/2004   9/1/2019
35142900      MARIETTA                    30008     GA      Condo    Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
35148394      FAIRVIEW                    37062     TN       SFR     Owner Occupied     360      8/4/2004    9/1/2004   8/1/2034
35072156      CHARLESTON                  29407     SC       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34998823      FARMINGTON                  55024     MN       PUD     Owner Occupied     360     8/31/2004   11/1/2004  10/1/2034
4000160458    SACRAMENTO                  95823     CA       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
34853952      NEWARK                      60541     IL       SFR     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
34994897      PRIOR LAKE                  55372     MN       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34975680      FLORENCE                    41042     KY       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
4000152970    CRESWELL                    97426     OR       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
34988717      BIG LAKE                    55309     MN       SFR     Owner Occupied     180     7/28/2004   10/1/2004   9/1/2019
34696682      ST. PETERSBURG              33705     FL       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
34653436      SAINT LOUIS                 63136     MO       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
34717249      CHULA VISTA                 91913     CA      Condo    Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
35145119      LITHONIA                    30038     GA       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
35149384      LA VERGNE                   37086     TN       PUD     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
34901652      BRADENTON                   34202     FL       PUD     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
35182625      FULLERTON                   92833     CA       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
35010032      GLENWOOD SPRINGS            81601     CO       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
34888271      BROOKSVILLE                 34602     FL       SFR     Owner Occupied     360      8/4/2004    9/1/2004   8/1/2034
4000175387    SACRAMENTO                  95822     CA       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
34973362      ERIE                        16505     PA       SFR       Second Home      360     8/19/2004   10/1/2004   9/1/2034
4000162295    FAIRFIELD                   94533     CA       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
35000041      EAGAN                       55122     MN       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000158587    BRENHAM                     77833     TX       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
35082411      LOUISVILLE                  40204     KY       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
35304682      LAS VEGAS                   89122     NV       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
4000173099    BRONX                       10468     NY    Units 2-4  Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34237313      PHOENIX                     85042     AZ       SFR     Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
35159722      GREENBACK                   37742     TN       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34995936      SUPERIOR                    54880     WI       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34756817      GERMANTOWN                  20874     MD      Condo    Owner Occupied     360      8/2/2004    9/1/2004   8/1/2034
34653576      FOREST LAKE                 55025     MN       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
35015353      LAKEWOOD                    80226     CO       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34758805      RICHMOND                    23235     VA       PUD     Owner Occupied     360      8/4/2004    9/1/2004   8/1/2034
34867747      ALBANY                      12208     NY       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
34740621      WEST JORDAN                 84088     UT       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34997023      BLOOMINGTON                 55420     MN       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34658708      BALLWIN                     63021     MO       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
34951400      DOWNEY                      90241     CA       SFR     Owner Occupied     360     7/12/2004    9/1/2004   8/1/2034
35035484      MANHATTAN BEACH             90266     CA       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34824268      SALEM                        1970     MA    Units 2-4  Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
34833681      ASHLAND                      1721     MA       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
34403329      ALOHA                       97007     OR       SFR     Owner Occupied     360      7/6/2004    9/1/2004   8/1/2034
34466805      SAN GABRIEL                 91776     CA       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
4000164731    MILAN                       48160     MI       SFR     Owner Occupied     360     7/26/2004    9/1/2004   8/1/2034
34014852      BURLESON                    76028     TX       SFR        Investor        180     7/15/2004    9/1/2004   8/1/2019
35125814      HICKORY HILLS               60457     IL       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
33018961      INDIANAPOLIS                46236     IN       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
35145499      JEFFERSON                   30549     GA       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
35190958      CLAREMONT                   91711     CA       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
4000164493    CANYON COUNTRY AREA         91351     CA      Condo    Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35071430      RALEIGH                     27608     NC       SFR     Owner Occupied     360      8/3/2004    9/1/2004   8/1/2034
35107911      MONTGOMERY                  77356     TX       PUD     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
34655951      MILWAUKEE                   53218     WI       SFR     Owner Occupied     360     8/27/2004   11/1/2004  10/1/2034
33593526      HOUSTON                     77088     TX       SFR     Owner Occupied     360     7/26/2004    9/1/2004   8/1/2034
4000176938    HOUSTON                     77051     TX       PUD     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34851659      SYCAMORE                    60178     IL       SFR     Owner Occupied     360     7/28/2004   10/1/2004   9/1/2034
35070648      SPARTANBURG                 29316     SC       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
35242890      HOUSTON                     77065     TX       PUD     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034

<CAPTION>
                                                                                      ORIGINAL
                                                                                      COMBAINED
              REMAINING     ORIGINAL   SCHEDULED                       PAID THRU       LOAN TO      OTS
  LOANID        TERM        BALANCE     BALANCE      RATE      P&I        DATE          VALUE   DELINQUENCY INDEX       MARGIN
------------------------------------------------------------------------------------------------------------------------------
<S>              <C>      <C>         <C>           <C>     <C>        <C>              <C>        <C>       <C>        <C>
35129634         359      145,000.00  144,872.06    6.625     928.46   10/1/2004        94.77      0-29      6ML        5.625
35005883         359      184,300.00  184,148.92        7   1,226.16   10/1/2004           95      0-29      6ML        5.625
4000163841       359      165,300.00  165,157.68     6.75   1,072.13   10/1/2004           95      0-29      6ML         5.75
34857029         359      143,000.00  142,870.72      6.5     903.86   10/1/2004        74.09      0-29      6ML        4.375
4000175962       359      136,850.00  136,726.28      6.5     864.99   10/1/2004           85      0-29      6ML         4.75
34865972         359       60,000.00   59,962.70    8.375     456.05   10/1/2004           80      0-29      6ML        4.875
33593138         358      232,200.00  232,016.54      6.5   1,257.75    9/1/2004        87.62      0-29      6ML        4.875
4000169043       359      260,000.00  260,000.00     5.25   1,137.50   10/1/2004           80      0-29      6ML        3.375
34997239         359      159,900.00  159,900.00    5.625     749.53   10/1/2004        79.99      0-29      6ML        4.125
35015809         359      222,500.00  222,313.07    6.875   1,461.67   10/1/2004        98.89      0-29      6ML         5.25
35081132         359      142,400.00  142,400.00    5.625      667.5   10/1/2004           80      0-29      6ML        3.375
34561704         179       29,500.00   29,407.93    7.125     267.23   10/1/2004           59      0-29      FIX            0
4000161682       359      161,500.00  161,360.95     6.75   1,047.49   10/1/2004           95      0-29      FIX            0
35012871         359      105,000.00  105,000.00    6.875     601.56   10/1/2004         37.5      0-29      6ML          3.5
33017443         359      103,050.00  102,975.41    7.625     729.39   10/1/2004           90      0-29      6ML          6.5
35077726         359      262,400.00  262,400.00        6   1,312.00   10/1/2004           80      0-29      6ML         4.25
34527838         359      346,500.00  346,179.07    6.375   2,161.71   10/1/2004           90      0-29      6ML            5
35187624         359      342,000.00  342,000.00     7.75   2,208.75   10/1/2004           90      0-29      6ML            5
4000179944       359      151,950.00  151,819.18     6.75     985.54   10/1/2004           95      0-29      6ML        5.625
35249895         359       64,800.00   64,744.20     6.75      420.3   10/1/2004           80      0-29      6ML          4.5
34929125         358      243,600.00  243,168.97    6.625   1,559.80   12/1/2004           80      0-29      FIX            0
4000163405       358      175,900.00  175,588.75    6.625   1,126.31    9/1/2004        79.99      0-29      6ML            5
35113224         359      195,000.00  194,869.15        8   1,430.85   10/1/2004          100      0-29      6ML        5.125
4000170316       359      366,400.00  366,400.00    6.375   1,946.50   10/1/2004           80      0-29      6ML          4.5
35224104         359       70,400.00   70,333.20     6.25     433.47   10/1/2004           80      0-29      6ML        4.375
35130087         359      106,400.00  106,312.61     6.99     707.17   10/1/2004           95      0-29      6ML          5.5
35209048         359      335,000.00  335,000.00     7.25   2,023.96   10/1/2004          100      0-29      6ML        5.625
4000142920       356      356,000.00  356,000.00    4.999   1,483.04   10/1/2004           80      0-29      6ML        3.125
34522235         359       57,600.00   57,557.25      7.5     402.75   10/1/2004           90      0-29      6ML        5.875
4000177876       359       56,800.00   56,800.00     7.25     343.17   10/1/2004           80      0-29      6ML        4.625
35070085         359       50,000.00   49,960.99     7.25     341.09   10/1/2004        43.48      0-29      FIX            0
4000179581       359       95,000.00   94,948.10    8.999     764.32   10/1/2004          100      0-29      6ML         7.25
34845347         359      165,600.00  165,491.67    8.125   1,229.58   10/1/2004        87.16      0-29      6ML        6.375
4000172874       359      380,000.00  380,000.00    5.875   1,860.42   10/1/2004           80      0-29      6ML        3.875
35072073         358      186,000.00  185,716.06    7.375   1,284.66    9/1/2004        81.94      0-29      6ML          5.5
4000172052       359      355,000.00  354,749.45     7.75   2,543.26   10/1/2004        52.59      0-29      FIX            0
34861906         359      143,450.00  143,363.09      8.5   1,103.01   10/1/2004           95      0-29      6ML        7.125
4000178588       359      102,240.00  102,240.00     5.75      489.9   10/1/2004           80      0-29      6ML        4.375
4000166106       359      198,000.00  197,860.25     7.75   1,418.50   10/1/2004        94.29      0-29      6ML          6.5
34476523         359      382,500.00  382,154.21      6.5   2,417.67   10/1/2004           85      0-29      6ML         5.25
35284777         359      328,000.00  328,000.00        8   2,186.67   10/1/2004          100      0-29      6ML        6.625
33017039         359       51,500.00   51,467.15     8.25     386.91   10/1/2004        78.03      0-29      FIX            0
35070531         359      129,500.00  129,500.00     5.75     620.52   10/1/2004        79.99      0-29      6ML        3.875
4000138611       359       85,000.00   84,942.96    7.999     623.64   10/1/2004           85      0-29      FIX            0
35083203         179      110,000.00  109,652.65     6.99      988.1   10/1/2004        86.61      0-29      FIX            0
35142900         359       50,400.00   50,400.00    6.875     288.75   10/1/2004           80      0-29      6ML          4.5
35148394         358      129,520.00  129,285.18      6.5     818.66    9/1/2004           80      0-29      6ML        4.625
35072156         359      127,200.00  127,200.00     6.75      715.5   10/1/2004           80      0-29      6ML        4.875
34998823         360      140,000.00  140,000.00     5.75     670.83   11/1/2004           80      0-29      6ML            4
4000160458       359      372,000.00  372,000.00     5.75   1,782.50   10/1/2004           80      0-29      6ML        3.875
34853952         359      150,000.00  149,899.14     7.99   1,099.61   10/1/2004        85.71      0-29      FIX            0
34994897         359      185,200.00  185,200.00     6.25     964.58   10/1/2004           80      0-29      6ML            4
34975680         359      112,000.00  111,922.52        8     821.82   10/1/2004           80      0-29      6ML        5.375
4000152970       359      147,200.00  147,066.93      6.5      930.4   10/1/2004           80      0-29      FIX            0
34988717         179      101,200.00  100,884.17    7.125     916.71   10/1/2004        61.33      0-29      FIX            0
34696682         359      101,000.00  100,923.14    7.375     697.59   10/1/2004         77.1      0-29      6ML         5.25
34653436         359       70,125.00   70,083.59    8.625     545.43   10/1/2004           85      0-29      6ML        6.625
34717249         358      345,550.00  345,100.01        6   1,727.75    9/1/2004        79.99      0-29      6ML        3.875
35145119         359      140,600.00  140,516.98    8.625   1,093.58   10/1/2004           95      0-29      6ML         4.75
35149384         359       72,102.00   72,039.91     6.75     467.66   10/1/2004           80      0-29      FIX            0
34901652         359      195,200.00  195,200.00    5.625        915   10/1/2004           80      0-29      6ML        4.125
35182625         359      396,000.00  396,000.00    5.875   1,938.75   11/1/2004           80      0-29      6ML          3.5
35010032         359      285,000.00  285,000.00     6.75   1,603.13   10/1/2004           95      0-29      6ML        5.375
34888271         358       86,400.00   86,243.36      6.5     546.11    9/1/2004           80      0-29      6ML        4.625
4000175387       359      131,250.00  131,250.00    7.625     833.98   10/1/2004           75      0-29      6ML        5.125
34973362         359       97,500.00   97,429.43    7.625      690.1   10/1/2004        21.67      0-29      FIX            0
4000162295       359      280,800.00  280,800.00    5.875   1,374.75   10/1/2004           80      0-29      6ML            4
35000041         359      255,000.00  255,000.00      5.5   1,168.75   10/1/2004           85      0-29      6ML        4.375
4000158587       359       79,600.00   79,534.74    6.999     529.53   10/1/2004           80      0-29      FIX            0
35082411         359      124,900.00  124,900.00      7.5     780.63   10/1/2004          100      0-29      6ML        5.875
35304682         359      173,850.00  173,850.00    6.875     996.02   10/1/2004           95      0-29      6ML         5.25
4000173099       359      267,000.00  266,775.69    6.875   1,754.00   10/1/2004          100      0-29      FIX            0
34237313         358      104,000.00  103,829.00        7     691.92    9/1/2004           80      0-29      6ML        3.375
35159722         359      138,225.00  138,119.82    7.375     954.69   10/1/2004           95      0-29      FIX            0
34995936         359       74,000.00   74,000.00        7     431.67   10/1/2004          100      0-29      6ML        5.375
34756817         358      208,000.00  208,000.00    7.375   1,278.33    9/1/2004           80      0-29      6ML        5.375
34653576         359      223,250.00  223,250.00      7.5   1,395.31   10/1/2004           95      0-29      6ML        5.625
35015353         359      140,000.00  139,901.19     7.75   1,002.98   10/1/2004        67.72      0-29      6ML          5.5
34758805         358      139,350.00  139,180.54      8.5   1,071.49   10/1/2004        89.99      0-29      FIX            0
34867747         359      225,250.00  224,970.10      6.5   1,423.74   10/1/2004           85      0-29      6ML         4.25
34740621         359      201,400.00  201,222.31    6.625   1,289.59   10/1/2004           95      0-29      6ML        5.375
34997023         359      194,750.00  194,750.00    6.375   1,034.61   10/1/2004           95      0-29      6ML          5.5
34658708         359      158,950.00  158,837.81     7.75   1,138.74   10/1/2004           85      0-29      6ML        4.375
34951400         358      367,700.00  367,700.00    6.625   2,030.01    9/1/2004        86.52      0-29      6ML            5
35035484         359      884,000.00  884,000.00      6.5   4,788.33   10/1/2004           65      0-29      6ML         3.75
34824268         359      332,000.00  331,699.86      6.5   2,098.47   10/1/2004           80      0-29      6ML            5
34833681         359      430,400.00  430,400.00    5.375   1,927.83   10/1/2004           80      0-29      6ML         4.25
34403329         358      184,000.00  183,745.91    7.875   1,334.13    9/1/2004           80      0-29      FIX            0
34466805         359      726,400.00  726,400.00     6.25   3,783.33   10/1/2004           80      0-29      6ML         3.75
4000164731       358      153,000.00  152,698.11     7.75   1,096.11    9/1/2004        80.53      0-29      6ML          6.5
34014852         178       57,350.00   57,042.31    8.875     577.43    9/1/2004        74.97      0-29      FIX            0
35125814         359      212,500.00  212,325.81        7   1,413.77   10/1/2004           85      0-29      6ML         6.25
33018961         359      108,500.00  108,421.47    7.625     767.96   10/1/2004          100      0-29      6ML         6.25
35145499         359      130,950.00  130,847.16     7.25     893.31   10/1/2004        74.42      0-29      6ML        5.125
35190958         359      389,500.00  389,218.09    7.625   2,756.86   10/1/2004           95      0-29      6ML        4.875
4000164493       359      360,000.00  360,000.00    6.375   1,912.50   10/1/2004        81.82      0-29      6ML         4.75
35071430         358      554,500.00  554,500.00    7.125   3,292.34   10/1/2004           85      0-29      6ML         5.25
35107911         359      112,000.00  111,905.90    6.875     735.77   10/1/2004           80      0-29      6ML         5.25
34655951         360       68,250.00   68,250.00      8.5     524.79   11/1/2004           75      0-29      6ML        5.375
33593526         358       45,000.00   44,942.40     8.25     338.08    9/1/2004        42.06      0-29      FIX            0
4000176938       359       90,000.00   89,944.06    8.375     684.07   10/1/2004          100      0-29      6ML        6.375
34851659         359      178,000.00  177,864.55    7.375   1,229.41   10/1/2004        80.91      0-29      6ML         5.75
35070648         359       99,200.00   99,200.00    6.375        527   10/1/2004           80      0-29      6ML            4
35242890         359       87,200.00   87,123.06    6.625     558.36   10/1/2004           80      0-29      6ML          4.5

<CAPTION>
             INITIAL  PERIODIC                           PREPAYMENT
  LOANID       CAP      CAP       FLOOR    CEILING          TERM                                PREPAYMENT PENALTY
--------------------------------------------------------------------------------------------------------------------------
<S>             <C>      <C>      <C>       <C>              <C>                        <C>
35129634        3        1        6.625     12.625           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35005883        3        1            7         13           24                              6 mo.s interest less 20% obal
4000163841      3        1         6.75      12.75           36                              6 mo.s interest less 20% obal
34857029        3        1          6.5       12.5           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000175962      3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
34865972        3        1        8.375     14.375            0                                                       None
33593138        3        1          6.5       12.5           36                              6 mo.s interest less 20% obal
4000169043      3        1         5.25      11.25           36                              6 mo.s interest less 20% obal
34997239        3        1        5.625     11.625           36                         min (2% prepaid, 60 days interest)
35015809        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
35081132        3        1        5.625     11.625            0                                                       None
34561704        0        0            0          0            0                                                       None
4000161682      0        0            0          0           36                              6 mo.s interest less 20% obal
35012871        3        1        6.875     12.875            0                                                       None
33017443        3        1        7.625     13.625           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35077726        3        1            6         12            0                                                       None
34527838        3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
35187624        3        1         7.75      13.75            0                                                       None
4000179944      3        1         6.75      12.75           36                              6 mo.s interest less 20% obal
35249895        3        1         6.75      12.75            0                                                       None
34929125        0        0            0          0           36                              6 mo.s interest less 20% obal
4000163405      3        1        6.625     12.625           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35113224        3        1            8         14           24                              6 mo.s interest less 20% obal
4000170316      3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
35224104        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
35130087        3        1         6.99      12.99           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35209048        3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
4000142920      3        1        4.999         11           24                              6 mo.s interest less 20% obal
34522235        3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
4000177876      3        1         7.25      13.25           12                              3%/2%/1%-1st yr/2nd yr/3rd yr
35070085        0        0            0          0            0                                                       None
4000179581      3        1        8.999     14.999           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34845347        3        1        8.125     14.125           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000172874      3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
35072073        3        1        7.375     13.375            0                                                       None
4000172052      0        0            0          0           36                              6 mo.s interest less 20% obal
34861906        3        1          8.5       14.5           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000178588      1        1         5.75      11.75           24                              6 mo.s interest less 20% obal
4000166106      3        1         7.75      13.75           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34476523        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
35284777        3        1            8         14            0                                                       None
33017039        0        0            0          0           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35070531        3        1         5.75      11.75            0                                                       None
4000138611      0        0            0          0           36                                                 1% prepaid
35083203        0        0            0          0           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35142900        3        1        6.875     12.875            0                                                       None
35148394        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
35072156        3        1         6.75      12.75            0                                                       None
34998823        3        1         5.75      11.75           36                         min (2% prepaid, 60 days interest)
4000160458      3        1         5.75      11.75           24                              6 mo.s interest less 20% obal
34853952        0        0            0          0            0                                                       None
34994897        3        1         6.25      12.25           36                         min (2% prepaid, 60 days interest)
34975680        3        1            8         14           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000152970      0        0            0          0           36                              6 mo.s interest less 20% obal
34988717        0        0            0          0           36                         min (2% prepaid, 60 days interest)
34696682        3        1        7.375     13.375           24                              6 mo.s interest less 20% obal
34653436        3        1        8.625     14.625           24                                                 2% prepaid
34717249        3        1            6         12           24                              6 mo.s interest less 20% obal
35145119        3        1        8.625     14.625            0                                                       None
35149384        0        0            0          0            0                                                       None
34901652        3        1        5.625     11.625           36                              6 mo.s interest less 20% obal
35182625        3        1        5.875     11.875           36                              6 mo.s interest less 20% obal
35010032        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
34888271        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
4000175387      3        1        7.625     13.625           24                              6 mo.s interest less 20% obal
34973362        0        0            0          0           36                              6 mo.s interest less 20% obal
4000162295      3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
35000041        1        1          5.5       11.5           36                         min (2% prepaid, 60 days interest)
4000158587      0        0            0          0           36                              6 mo.s interest less 20% obal
35082411        3        1          7.5       13.5           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35304682        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
4000173099      0        0            0          0            0                                                       None
34237313        3        1            7         13           24                              6 mo.s interest less 20% obal
35159722        0        0            0          0           36                              6 mo.s interest less 20% obal
34995936        3        1            7         13           36                              6 mo.s interest less 20% obal
34756817        3        1        7.375     13.375           24                              6 mo.s interest less 20% obal
34653576        3        1          7.5       13.5           36                         min (2% prepaid, 60 days interest)
35015353        3        1         7.75      13.75           24                              6 mo.s interest less 20% obal
34758805        0        0            0          0           36                              6 mo.s interest less 20% obal
34867747        3        1          6.5       12.5            0                                                       None
34740621        3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
34997023        3        1        6.375     12.375           36                         min (2% prepaid, 60 days interest)
34658708        3        1         7.75      13.75           24                                                 2% prepaid
34951400        3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
35035484        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
34824268        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
34833681        3        1        5.375     11.375           36                              6 mo.s interest less 20% obal
34403329        0        0            0          0           36                              6 mo.s interest less 20% obal
34466805        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
4000164731      3        1         7.75      13.75           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34014852        0        0            0          0           36                              6 mo.s interest less 20% obal
35125814        3        1            7         13           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
33018961        3        1        7.625     13.625           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35145499        3        1         7.25      13.25            0                                                       None
35190958        3        1        7.625     13.625            0                                                       None
4000164493      3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
35071430        3        1        7.125     13.125            0                                                       None
35107911        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
34655951        3        1          8.5       14.5           24                              6 mo.s interest less 20% obal
33593526        0        0            0          0            0                                                       None
4000176938      3        1        8.375     14.375           24                              6 mo.s interest less 20% obal
34851659        3        1        7.375     13.375           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35070648        3        1        6.375     12.375            0                                                       None
35242890        3        1        6.625     12.625            0                                                       None

<CAPTION>
                                              PAYMENT
              FIRST RATE      RATE RESET       RESET                                  MI
  LOANID      RESET DATE       FREQUENCY     FREQUENCY  PURPOSE   DIV  IO    IOTERM  FLAG
-----------------------------------------------------------------------------------------
<S>           <C>                  <C>            <C>  <C>         <C>  <C>    <C>    <C>
35129634        9/1/2006           6              6    C/O Refi    N    N       0     N
35005883        9/1/2006           6              6    C/O Refi    N    N       0     N
4000163841      9/1/2006           6              6    C/O Refi    N    N       0     Y
34857029        9/1/2006           6              6    C/O Refi    N    N       0     N
4000175962      9/1/2006           6              6    R/T Refi    N    N       0     Y
34865972        9/1/2007           6              6    Purchase    N    N       0     N
33593138        8/1/2007           6              6    R/T Refi    N    Y      60     Y
4000169043      9/1/2009           6              6    Purchase    N    Y      60     N
34997239        9/1/2006           6              6    Purchase    N    Y      60     N
35015809        9/1/2006           6              6    R/T Refi    N    N       0     N
35081132        9/1/2007           6              6    Purchase    N    Y      60     N
34561704      00/00/0000           0              0    C/O Refi    N    N       0     N
4000161682    00/00/0000           0              0    R/T Refi    N    N       0     Y
35012871        9/1/2007           6              6    C/O Refi    N    Y      60     N
33017443        9/1/2006           6              6    Purchase    N    N       0     Y
35077726        9/1/2007           6              6    Purchase    N    Y      60     N
34527838        9/1/2006           6              6    C/O Refi    N    N       0     N
35187624        9/1/2006           6              6    Purchase    N    Y      60     Y
4000179944      9/1/2007           6              6    Purchase    N    N       0     N
35249895        9/1/2006           6              6    C/O Refi    N    N       0     N
34929125      00/00/0000           0              0    Purchase    N    N       0     N
4000163405      8/1/2006           6              6    Purchase    N    N       0     N
35113224        9/1/2006           6              6    Purchase    N    N       0     N
4000170316      9/1/2006           6              6    Purchase    N    Y      60     N
35224104        9/1/2006           6              6    Purchase    N    N       0     N
35130087        9/1/2007           6              6    C/O Refi    N    N       0     Y
35209048        9/1/2006           6              6    Purchase    N    Y      60     N
4000142920      6/1/2006           6              6    Purchase    N    Y      60     N
34522235        9/1/2006           6              6    C/O Refi    N    N       0     Y
4000177876      9/1/2006           6              6    Purchase    N    Y      60     N
35070085      00/00/0000           0              0    C/O Refi    N    N       0     N
4000179581      9/1/2006           6              6    Purchase    N    N       0     N
34845347        9/1/2006           6              6    R/T Refi    N    N       0     N
4000172874      9/1/2006           6              6    Purchase    N    Y      60     N
35072073        8/1/2007           6              6    C/O Refi    N    N       0     Y
4000172052    00/00/0000           0              0    C/O Refi    N    N       0     N
34861906        9/1/2006           6              6    Purchase    N    N       0     Y
4000178588      3/1/2005           6              6    Purchase    N    Y      60     N
4000166106      9/1/2006           6              6    R/T Refi    N    N       0     N
34476523        9/1/2006           6              6    C/O Refi    N    N       0     N
35284777        9/1/2007           6              6    Purchase    N    Y      60     N
33017039      00/00/0000           0              0    C/O Refi    N    N       0     N
35070531        9/1/2007           6              6    Purchase    N    Y      60     N
4000138611    00/00/0000           0              0    Purchase    N    N       0     Y
35083203      00/00/0000           0              0    C/O Refi    N    N       0     N
35142900        9/1/2007           6              6    Purchase    N    Y      60     N
35148394        8/1/2006           6              6    Purchase    N    N       0     N
35072156        9/1/2006           6              6    Purchase    N    Y      60     N
34998823       10/1/2006           6              6    Purchase    N    Y      60     N
4000160458      9/1/2006           6              6    Purchase    N    Y      60     N
34853952      00/00/0000           0              0    C/O Refi    N    N       0     N
34994897        9/1/2009           6              6    Purchase    N    Y      60     N
34975680        9/1/2006           6              6    C/O Refi    N    N       0     N
4000152970    00/00/0000           0              0    Purchase    N    N       0     N
34988717      00/00/0000           0              0    C/O Refi    N    N       0     N
34696682        9/1/2006           6              6    C/O Refi    N    N       0     N
34653436        9/1/2006           6              6    C/O Refi    N    N       0     Y
34717249        8/1/2006           6              6    Purchase    N    Y      60     N
35145119        9/1/2006           6              6    Purchase    N    N       0     Y
35149384      00/00/0000           0              0    Purchase    N    N       0     N
34901652        9/1/2006           6              6    Purchase    N    Y      60     N
35182625        9/1/2009           6              6    Purchase    N    Y      60     N
35010032        9/1/2006           6              6    Purchase    N    Y      60     Y
34888271        8/1/2006           6              6    Purchase    N    N       0     N
4000175387      9/1/2006           6              6    C/O Refi    N    Y      60     N
34973362      00/00/0000           0              0    C/O Refi    N    N       0     N
4000162295      9/1/2006           6              6    Purchase    N    Y      60     N
35000041        3/1/2005           6              6    C/O Refi    N    Y      60     Y
4000158587    00/00/0000           0              0    Purchase    N    N       0     N
35082411        9/1/2006           6              6    Purchase    N    Y      60     N
35304682        9/1/2006           6              6    C/O Refi    N    Y      60     Y
4000173099    00/00/0000           0              0    Purchase    N    N       0     Y
34237313        8/1/2006           6              6    C/O Refi    N    N       0     N
35159722      00/00/0000           0              0    Purchase    N    N       0     Y
34995936        9/1/2006           6              6    C/O Refi    N    Y      60     N
34756817        8/1/2006           6              6    Purchase    N    Y      60     N
34653576        9/1/2007           6              6    C/O Refi    N    Y      60     N
35015353        9/1/2006           6              6    C/O Refi    N    N       0     N
34758805      00/00/0000           0              0    Purchase    N    N       0     Y
34867747        9/1/2007           6              6    Purchase    N    N       0     Y
34740621        9/1/2006           6              6    C/O Refi    N    N       0     Y
34997023        9/1/2006           6              6    Purchase    N    Y      60     Y
34658708        9/1/2006           6              6    C/O Refi    N    N       0     Y
34951400        8/1/2006           6              6    C/O Refi    N    Y      60     Y
35035484        9/1/2006           6              6    Purchase    N    Y      60     N
34824268        9/1/2006           6              6    Purchase    N    N       0     N
34833681        9/1/2006           6              6    Purchase    N    Y      60     N
34403329      00/00/0000           0              0    C/O Refi    N    N       0     N
34466805        9/1/2006           6              6    Purchase    N    Y      60     N
4000164731      8/1/2006           6              6    C/O Refi    N    N       0     Y
34014852      00/00/0000           0              0    C/O Refi    N    N       0     N
35125814        9/1/2006           6              6    C/O Refi    N    N       0     Y
33018961        9/1/2006           6              6    Purchase    N    N       0     N
35145499        9/1/2006           6              6    Purchase    N    N       0     N
35190958        9/1/2006           6              6    Purchase    N    N       0     Y
4000164493      9/1/2006           6              6    C/O Refi    N    Y      60     N
35071430        8/1/2007           6              6    Purchase    N    Y      60     N
35107911        9/1/2006           6              6    Purchase    N    N       0     N
34655951       10/1/2006           6              6    C/O Refi    N    N       0     N
33593526      00/00/0000           0              0    C/O Refi    N    N       0     N
4000176938      9/1/2006           6              6    Purchase    N    N       0     N
34851659        9/1/2006           6              6    C/O Refi    N    N       0     N
35070648        9/1/2009           6              6    Purchase    N    Y      60     N
35242890        9/1/2006           6              6    C/O Refi    N    N       0     N
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
                                                          PROPERTY                    ORIGINAL ORIGINATION  FIRST PAY   MATURITY
  LOANID              CITY                 ZIP    STATE     TYPE       OCCUPANCY        TERM      DATE        DATE        DATE
--------------------------------------------------------------------------------------------------------------------------------
<S>           <C>                         <C>       <C>   <C>        <C>                <C>     <C>         <C>         <C>
4000172190    LODI                        95240     CA       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
4000177000    BOYNTON BEACH               33437     FL       PUD     Owner Occupied     360     8/31/2004   11/1/2004  10/1/2034
34949255      CHINO HILLS                 91709     CA       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
4000153731    BROOKLYN                    11207     NY    Units 2-4  Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34999854      BROOKLYN PARK               55443     MN    Units 2-4  Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
4000168782    DETROIT                     48221     MI       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
35034164      ONTARIO                     91764     CA       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
4000180326    PALMDALE AREA               93551     CA       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34075341      HENDERSON                   89015     NV       PUD     Owner Occupied     360      7/7/2004    9/1/2004   8/1/2034
35113448      AUSTIN                      78750     TX       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
4000162173    BREMERTON                   98311     WA       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
34960898      SIMI VALLEY                 93063     CA       PUD     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
35143858      KENNESAW                    30144     GA       SFR     Owner Occupied     360      8/5/2004    9/1/2004   8/1/2034
34992776      DUNDAS                      55019     MN       SFR     Owner Occupied     360      8/2/2004    9/1/2004   8/1/2034
34994970      OWATONNA                    55060     MN       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
34996843      ANOKA                       55303     MN       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34997445      MAY TOWNSHIP                55082     MN       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35131994      BARTLETT                    60103     IL       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35343342      GAITHERSBURG                20879     MD      Condo    Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
4000178188    MARION                      43302     OH       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
4000167135    CAMDEN                      49232     MI       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000160503    DETROIT                     48224     MI       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
34898973      LAKE MARY                   32746     FL       PUD     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34354928      OCEANSIDE                   92057     CA      Condo       Investor        360      8/4/2004   10/1/2004   9/1/2034
34798199      WINCHESTER                  92596     CA       PUD     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
34718270      MORENO VALLEY               92557     CA       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
35134535      DARIEN                      60561     IL       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35247246      HOUSTON                     77038     TX       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34379057      AUDUBON                      8106     NJ    Units 2-4  Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
35013689      DENVER                      80221     CO       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
35209477      PHELAN                      92371     CA       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35009729      CASTLE ROCK                 80108     CO       PUD     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35107192      BURNET                      78611     TX       SFR        Investor        360      8/2/2004   10/1/2004   9/1/2034
35142835      STOCKBRIDGE                 30281     GA       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
35009190      BRIGHTON                    80601     CO       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34236752      SCOTTSDALE                  85250     AZ      Condo    Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
34375295      JERSEY CITY                  7305     NJ    Units 2-4  Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35123553      CHICAGO                     60647     IL    Units 2-4  Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
4000162682    RIVERBANK                   95367     CA       SFR     Owner Occupied     360     7/27/2004   10/1/2004   9/1/2034
34848713      CHICAGO                     60629     IL    Units 2-4  Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
35266329      MORENO VALLEY               92553     CA       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34800771      SPRING VALLEY               91977     CA       SFR     Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
34833350      PLAINFIELD                   6387     CT    Units 2-4  Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
4000164415    SAN BRUNO                   94066     CA       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
4000165454    OAKLEY                      94561     CA       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
35242437      HOUSTON                     77095     TX       PUD     Owner Occupied     360      8/2/2004    9/1/2004   8/1/2034
4000169438    PALMDALE                    93550     CA       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34161174      KEIZER                      97303     OR       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
4000160747    LAS VEGAS                   89131     NV       PUD       Second Home      360     7/30/2004   10/1/2004   9/1/2034
34414961      AUMSVILLE                   97325     OR       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
32979130      OLATHE                      66062     KS       SFR     Owner Occupied     360     7/26/2004    9/1/2004   8/1/2034
4000168994    TACOMA                      98418     WA       SFR     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
4000170231    EDGEWOOD                    98372     WA       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
4000156824    GOWEN                       49326     MI       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
4000171376    LOS BANOS                   93635     CA       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
35083146      HARRISBURG                  17103     PA       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35248772      PASADENA                    77503     TX       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
4000162072    LATHROP                     95330     CA       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35029065      SAN JUAN CAPISTRANO         92675     CA      Condo    Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
35283274      NORTH BERGEN                 7047     NJ    Units 2-4  Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
35014455      PARKER                      80134     CO       PUD     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
33420282      HIGHLAND                    92346     CA       SFR     Owner Occupied     360     7/27/2004    9/1/2004   8/1/2034
4000165747    LOWELL                       1850     MA       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34935973      MEDFORD                     97504     OR       PUD     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
34294934      APPLE VALLEY                92308     CA       SFR     Owner Occupied     360     7/12/2004    9/1/2004   8/1/2034
34934000      INDEPENDENCE                97351     OR       SFR     Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
34719229      SAN BERNARDINO              92405     CA      Condo      Second Home      360     7/28/2004    9/1/2004   8/1/2034
35151786      PEACHTREE CITY              30269     GA       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
35222603      NEW PORT RICHEY             34654     FL       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
35113059      MESQUITE                    75149     TX       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
35111467      GARLAND                     75040     TX       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
35005701      LITTLETON                   80125     CO       PUD     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
35247261      KATY                        77450     TX       PUD     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
4000172321    MIAMI BEACH                 33140     FL       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35149178      MURFREESBORO                37127     TN       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
4000168095    MIDLAND                     48642     MI       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
34898247      BIRMINGHAM                  35215     AL       SFR     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
35247410      DENTON                      76210     TX       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000171733    BROOKLYN                    11236     NY    Units 2-4  Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
4000150090    PATCHOGUE                   11772     NY       SFR     Owner Occupied     360     7/28/2004   10/1/2004   9/1/2034
4000180816    LINCOLN                     95648     CA       PUD     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
4000180198    PATCHOGUE                   11772     NY       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000169614    LOS BANOS                   93635     CA       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
34937102      TUALATIN                    97062     OR       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
35244490      HOUSTON                     77043     TX       PUD     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
35078591      LEXINGTON                   29073     SC       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35036011      FONTANA                     92335     CA       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
35212430      CHULA VISTA                 91911     CA       PUD     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35226232      NORTH PORT                  34286     FL       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
34712489      GRAND TERRACE               92313     CA       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
34712539      SANTA ANA                   92706     CA       SFR     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
35108430      EL PASO                     79924     TX       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35110089      MESQUITE                    75150     TX       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
35104082      THE COLONY                  75056     TX       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
4000173066    WEST PALM BEACH             33403     FL       PUD     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34697995      MIAMI                       33193     FL      Condo    Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
4000164549    LOS ANGELES                 91367     CA       SFR     Owner Occupied     360     7/22/2004   10/1/2004   9/1/2034
34960138      LONG BEACH                  90814     CA      Condo    Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
35183060      PLACENTIA                   92870     CA      Condo    Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
4000157985    PORT CHARLOTTE              33948     FL       SFR       Second Home      360      8/4/2004   10/1/2004   9/1/2034
35265677      LA QUINTA                   92253     CA       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34866319      BUFFALO                     14206     NY    Units 2-4  Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
34990077      IOWA CITY                   52245     IA       SFR     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
34719765      MORENO VALLEY               92551     CA       PUD     Owner Occupied     360     7/28/2004   10/1/2004   9/1/2034
35028547      LOS ANGELES                 90047     CA    Units 2-4  Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034

<CAPTION>
                                                                                      ORIGINAL
                                                                                      COMBAINED
              REMAINING     ORIGINAL   SCHEDULED                       PAID THRU       LOAN TO      OTS
  LOANID        TERM        BALANCE     BALANCE      RATE      P&I        DATE          VALUE   DELINQUENCY INDEX       MARGIN
------------------------------------------------------------------------------------------------------------------------------
<S>              <C>      <C>         <C>           <C>     <C>        <C>              <C>        <C>       <C>        <C>
4000172190       359      268,000.00  268,000.00    6.125   1,367.92   10/1/2004           80      0-29      6ML         4.25
4000177000       360      500,000.00  500,000.00     6.25   2,604.17   11/1/2004           80      0-29      6ML        3.875
34949255         359      410,550.00  410,550.00    5.875   2,009.98   10/1/2004        76.03      0-29      6ML        3.625
4000153731       359      280,000.00  280,000.00     5.75   1,341.67   10/1/2004           80      0-29      6ML        3.875
34999854         359      267,900.00  267,900.00     6.25   1,395.31   10/1/2004        79.99      0-29      6ML            4
4000168782       359       78,750.00   78,750.00    7.375     483.98   10/1/2004           90      0-29      FIX            0
35034164         359      265,000.00  265,000.00     6.75   1,490.63   10/1/2004          100      0-29      6ML        5.375
4000180326       359      333,000.00  333,000.00    8.125   2,254.69   10/1/2004          100      0-29      6ML        5.875
34075341         358      144,000.00  144,000.00    6.375        765    9/1/2004           80      0-29      6ML         4.25
35113448         359      136,200.00  136,103.86     7.75     975.76   10/1/2004        94.98      0-29      FIX            0
4000162173       359      172,000.00  172,000.00        6        860   10/1/2004           80      0-29      6ML         3.75
34960898         359      311,900.00  311,900.00      6.5   1,689.46   10/1/2004        79.99      0-29      6ML        4.625
35143858         358      119,872.00  119,872.00     6.25     624.33    9/1/2004           80      0-29      6ML        4.625
34992776         358      139,600.00  139,600.00     6.25     727.08    9/1/2004           80      0-29      6ML        4.375
34994970         359      128,700.00  128,622.03      8.5      989.6   10/1/2004           90      0-29      6ML        7.125
34996843         359      255,000.00  254,801.08     7.25   1,739.55   10/1/2004          100      0-29      6ML            6
34997445         359      292,500.00  292,293.55     7.75   2,095.51   10/1/2004           75      0-29      6ML        5.375
35131994         359      222,000.00  221,813.49    6.875   1,458.39   10/1/2004        90.98      0-29      6ML        5.375
35343342         359      129,600.00  129,600.00     5.75        621   10/1/2004           80      0-29      6ML          3.5
4000178188       359       86,900.00   86,844.59     8.25     652.85   10/1/2004          100      0-29      6ML         6.25
4000167135       359       48,000.00   47,965.26    7.625     339.74   10/1/2004           80      0-29      6ML          5.5
4000160503       359       76,500.00   76,500.00    7.125     454.22   10/1/2004           85      0-29      6ML        5.375
34898973         359      189,125.00  189,125.00    7.125   1,122.93   10/1/2004           85      0-29      6ML        5.125
34354928         359      292,350.00  292,350.00    7.125   1,735.83   10/1/2004        89.99      0-29      6ML         4.75
34798199         359      320,400.00  320,400.00    7.125   1,902.38   10/1/2004        94.99      0-29      6ML            5
34718270         359      193,350.00  193,350.00     6.75   1,087.59   10/1/2004        69.05      0-29      6ML          4.5
35134535         359      303,000.00  302,719.36    6.375   1,890.33   10/1/2004        92.38      0-29      6ML        5.375
35247246         359       98,900.00   98,820.91    7.125     666.31   10/1/2004          100      0-29      6ML            6
34379057         359      154,000.00  153,891.30     7.75   1,103.28   10/1/2004        71.63      0-29      FIX            0
35013689         359      178,505.00  178,505.00     6.75   1,004.09   10/1/2004           95      0-29      6ML         5.41
35209477         359      212,400.00  212,400.00     6.75   1,194.75   10/1/2004         88.5      0-29      6ML         5.25
35009729         359      758,000.00  758,000.00    6.875   4,342.71   10/1/2004        79.79      0-29      6ML         4.25
35107192         359       68,900.00   68,854.92    8.125     511.59   10/1/2004        89.95      0-29      6ML            6
35142835         359      207,200.00  207,200.00        7   1,208.67   10/1/2004        86.33      0-29      6ML          5.5
35009190         359      184,500.00  184,233.21      6.5   1,166.17   10/1/2004           90      0-29      6ML         5.25
34236752         358       90,950.00   90,950.00        8     606.33    9/1/2004           85      0-29      6ML        5.875
34375295         359      300,000.00  299,735.31    6.625   1,920.94   10/1/2004           80      0-29      6ML        5.125
35123553         359      155,000.00  154,869.78    6.875   1,018.24   10/1/2004        44.03      0-29      6ML            3
4000162682       359      229,350.00  229,350.00    5.875   1,122.86   10/1/2004        79.99      0-29      6ML            4
34848713         359      169,000.00  168,858.02    6.875   1,110.21   10/1/2004         61.9      0-29      6ML         4.75
35266329         359      170,000.00  169,883.01    7.875   1,232.62   10/1/2004        78.34      0-29      FIX            0
34800771         358      360,000.00  360,000.00    5.625   1,687.50    9/1/2004           80      0-29      6ML         4.25
34833350         358      129,600.00  129,453.30    8.875   1,031.16    9/1/2004           90      0-29      6ML        7.125
4000164415       359      512,000.00  511,490.20    5.999   3,069.37   10/1/2004           80      0-29      6ML            4
4000165454       359      288,000.00  288,000.00    6.125   1,470.00   10/1/2004           90      0-29      6ML        4.625
35242437         358      264,000.00  263,627.46    5.125   1,127.50    9/1/2004           80      0-29      6ML          3.5
4000169438       359      215,000.00  214,862.91     8.25   1,615.22   10/1/2004          100      0-29      6ML        5.375
34161174         359      138,300.00  138,300.00     5.75     662.69   10/1/2004        79.99      0-29      6ML         3.75
4000160747       359      249,600.00  249,600.00      6.5   1,352.00   10/1/2004        89.99      0-29      6ML            5
34414961         359      108,000.00  108,000.00    7.625     686.25   10/1/2004         86.4      0-29      FIX            0
32979130         358      220,400.00  220,373.34     6.75   1,239.75    9/1/2004           95      0-29      6ML        5.125
4000168994       358      118,750.00  118,609.27    8.625     923.63   10/1/2004           95      0-29      6ML        4.875
4000170231       359      310,250.00  310,250.00      7.5   1,939.06   10/1/2004           85      0-29      6ML        5.875
4000156824       359      114,000.00  114,000.00    8.375     795.62   10/1/2004           95      0-29      6ML        6.375
4000171376       359      252,000.00  252,000.00     6.75   1,417.50   10/1/2004           90      0-29      6ML        4.875
35083146         359      122,000.00  121,918.13        8      895.2   10/1/2004          100      0-29      6ML            6
35248772         359       75,200.00   75,144.19      7.5     525.81   10/1/2004        79.16      0-29      FIX            0
4000162072       359      424,500.00  424,500.00    6.625   2,343.59   10/1/2004        89.94      0-29      6ML        5.375
35029065         359      389,600.00  389,600.00    6.375   2,069.75   10/1/2004           80      0-29      6ML         3.75
35283274         359      337,500.00  337,209.42     6.75   2,189.02   10/1/2004           90      0-29      6ML          4.5
35014455         359      226,952.00  226,952.00    5.875   1,111.12   10/1/2004           80      0-29      6ML            4
33420282         358      314,800.00  314,186.50    6.125   1,912.76    9/1/2004        89.99      0-29      6ML            5
4000165747       359      199,900.00  199,900.00     7.25   1,207.73   10/1/2004        79.99      0-29      6ML        5.375
34935973         359      141,500.00  141,352.26     5.75     825.76   10/1/2004        79.99      0-29      6ML        3.875
34294934         358      244,700.00  244,317.06     7.25   1,669.29    9/1/2004        89.96      0-29      FIX            0
34934000         358      110,400.00  110,168.91     5.75     644.27    9/1/2004           80      0-29      6ML        3.875
34719229         358       79,900.00   79,758.62    6.625     511.61    9/1/2004        79.98      0-29      6ML        4.125
35151786         359      213,350.00  213,210.44    8.125   1,584.12   10/1/2004           85      0-29      6ML          6.5
35222603         359      100,000.00   99,929.41     7.75     716.42   10/1/2004        64.94      0-29      6ML         5.75
35113059         359      117,800.00  117,712.57      7.5     823.68   10/1/2004           95      0-29      FIX            0
35111467         359      107,000.00  106,920.59      7.5     748.16   10/1/2004        93.04      0-29      6ML        4.875
35005701         358      178,400.00  178,400.00    5.375     799.08   10/1/2004           80      0-29      6ML          3.5
35247261         359      172,000.00  172,000.00      6.5     931.67   10/1/2004           80      0-29      6ML         4.25
4000172321       359      700,000.00  700,000.00    5.375   3,135.42   10/1/2004        55.56      0-29      6ML          3.5
35149178         359      103,120.00  103,031.21     6.75     668.84   11/1/2004           80      0-29      6ML         4.75
4000168095       359       59,100.00   59,100.00     6.25     307.81   10/1/2004        79.97      0-29      6ML         4.75
34898247         358       52,000.00   51,896.20        6     311.77    9/1/2004           80      0-29      6ML        4.125
35247410         359      108,000.00  107,899.97    6.375     673.78   10/1/2004           80      0-29      6ML         4.25
4000171733       359      475,000.00  474,610.64        7   3,160.19   10/1/2004           95      0-29      6ML          5.5
4000150090       359      130,000.00  129,921.24      8.5     999.59   10/1/2004        41.27      0-29      FIX            0
4000180816       359      432,559.00  432,559.00    7.125   2,568.32   10/1/2004          100      0-29      6ML        5.625
4000180198       359      221,000.00  220,818.85        7   1,470.32   10/1/2004           65      0-29      6ML            5
4000169614       359      268,000.00  268,000.00    6.999   1,563.11   10/1/2004        91.16      0-29      6ML         5.75
34937102         359      342,000.00  342,000.00    7.625   2,173.13   10/1/2004           95      0-29      6ML        5.875
35244490         359       39,900.00   39,868.87     7.25     272.19   10/1/2004        79.96      0-29      6ML            5
35078591         359       94,900.00   94,836.32        8     696.35   10/1/2004          100      0-29      6ML        6.625
35036011         359      335,000.00  334,689.72    6.375   2,089.97   10/1/2004          100      0-29      6ML            5
35212430         359      404,000.00  404,000.00      5.5   1,851.67   10/1/2004           80      0-29      6ML          3.5
35226232         359       95,000.00   95,000.00    6.125      484.9   10/1/2004           95      0-29      6ML            5
34712489         359      160,000.00  160,000.00        6        800   10/1/2004           80      0-29      6ML        4.125
34712539         359      433,500.00  433,500.00        7   2,528.75   10/1/2004           85      0-29      6ML            5
35108430         359       67,200.00   67,165.16     9.25     552.84   10/1/2004           80      0-29      FIX            0
35110089         359      106,700.00  106,700.00     6.25     555.73   10/1/2004        79.99      0-29      6ML         4.25
35104082         359       76,000.00   75,931.29      6.5     480.38   10/1/2004           80      0-29      6ML         4.25
4000173066       359      140,000.00  140,000.00    7.375     860.42   10/1/2004          100      0-29      6ML          5.5
34697995         358       85,000.00   84,856.77    6.875     558.39    9/1/2004           68      0-29      FIX            0
4000164549       359      200,000.00  200,000.00      6.5   1,083.33   10/1/2004        47.62      0-29      6ML        4.375
34960138         359      206,400.00  206,400.00     6.25   1,075.00   10/1/2004           80      0-29      6ML        4.125
35183060         359      295,200.00  295,200.00     6.25   1,537.50   10/1/2004           80      0-29      6ML        4.125
4000157985       359      370,500.00  370,500.00      6.5   2,006.87   10/1/2004           95      0-29      6ML         4.75
35265677         359      125,000.00  125,000.00      6.5     677.08   10/1/2004         49.6      0-29      6ML        3.375
34866319         359       45,520.00   45,499.31    9.875     395.28   10/1/2004           80      0-29      6ML          7.5
34990077         358      139,400.00  139,170.79        7     927.44    9/1/2004           85      0-29      6ML        5.625
34719765         359      208,000.00  208,000.00    5.875   1,018.33   10/1/2004           80      0-29      6ML        4.375
35028547         359      230,000.00  229,806.77    6.875   1,510.94   10/1/2004        93.88      0-29      6ML        5.125

<CAPTION>
             INITIAL  PERIODIC                           PREPAYMENT
  LOANID       CAP      CAP       FLOOR    CEILING          TERM                                PREPAYMENT PENALTY
--------------------------------------------------------------------------------------------------------------------------
<S>             <C>      <C>      <C>       <C>              <C>                        <C>
4000172190      3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
4000177000      3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
34949255        3        1        5.875     11.875           36                              6 mo.s interest less 20% obal
4000153731      3        1         5.75      11.75            0                                                       None
34999854        3        1         6.25      12.25           36                         min (2% prepaid, 60 days interest)
4000168782      0        0            0          0           36                                                 1% prepaid
35034164        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
4000180326      3        1        8.125     14.125           24                              6 mo.s interest less 20% obal
34075341        3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
35113448        0        0            0          0           36                              6 mo.s interest less 20% obal
4000162173      3        1            6         12           24                              6 mo.s interest less 20% obal
34960898        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
35143858        3        1         6.25      12.25            0                                                       None
34992776        3        1         6.25      12.25           36                         min (2% prepaid, 60 days interest)
34994970        3        1          8.5       14.5           36                         min (2% prepaid, 60 days interest)
34996843        3        1         7.25      13.25           36                         min (2% prepaid, 60 days interest)
34997445        3        1         7.75      13.75           36                         min (2% prepaid, 60 days interest)
35131994        3        1        6.875     12.875           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35343342        3        1         5.75      11.75           36                              6 mo.s interest less 20% obal
4000178188      3        1         8.25      14.25           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000167135      3        1        7.625     13.625           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000160503      3        1        7.125     13.125           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34898973        3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
34354928        3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
34798199        3        1        7.125     13.125            0                                                       None
34718270        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
35134535        3        1        6.375     12.375           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35247246        3        1        7.125     13.125           36                              6 mo.s interest less 20% obal
34379057        0        0            0          0            0                                                       None
35013689        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
35209477        3        1         6.75      12.75           36                              6 mo.s interest less 20% obal
35009729        3        1        6.875     12.875           12                              6 mo.s interest less 20% obal
35107192        3        1        8.125     14.125           24                              6 mo.s interest less 20% obal
35142835        3        1            7         13            0                                                       None
35009190        3        1          6.5       12.5           36                              6 mo.s interest less 20% obal
34236752        3        1            8         14           24                              6 mo.s interest less 20% obal
34375295        3        1        6.625     12.625            0                                                       None
35123553        3        1        6.875     12.875           12                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000162682      3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
34848713        3        1        6.875     12.875           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35266329        0        0            0          0           24                              6 mo.s interest less 20% obal
34800771        3        1        5.625     11.625           36                              6 mo.s interest less 20% obal
34833350        3        1        8.875     14.875           24                              6 mo.s interest less 20% obal
4000164415      3        1        5.999     11.999           12                              6 mo.s interest less 20% obal
4000165454      3        1        6.125     12.125           36                              6 mo.s interest less 20% obal
35242437        3        1        5.125     11.125           24                              6 mo.s interest less 20% obal
4000169438      3        1         8.25      14.25           24                              6 mo.s interest less 20% obal
34161174        3        1         5.75      11.75           36                              6 mo.s interest less 20% obal
4000160747      1        1          6.5       12.5           24                              6 mo.s interest less 20% obal
34414961        0        0            0          0           36                              6 mo.s interest less 20% obal
32979130        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
4000168994      3        1        8.625     14.625           24                              6 mo.s interest less 20% obal
4000170231      3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
4000156824      3        1        8.375     14.375           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000171376      3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
35083146        3        1            8         14           36                              6 mo.s interest less 20% obal
35248772        0        0            0          0            0                                                       None
4000162072      3        1        6.625     12.625           36                              6 mo.s interest less 20% obal
35029065        3        1        6.375     12.375           36                              6 mo.s interest less 20% obal
35283274        3        1         6.75      12.75            0                                                       None
35014455        3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
33420282        3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
4000165747      3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
34935973        3        1         5.75      11.75           24                              6 mo.s interest less 20% obal
34294934        0        0            0          0           36                              6 mo.s interest less 20% obal
34934000        3        1         5.75      11.75           24                              6 mo.s interest less 20% obal
34719229        3        1        6.625     12.625           36                              6 mo.s interest less 20% obal
35151786        3        1        8.125     14.125            0                                                       None
35222603        3        1         7.75      13.75           36                              6 mo.s interest less 20% obal
35113059        0        0            0          0           36                              6 mo.s interest less 20% obal
35111467        3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
35005701        3        1        5.375     11.375           36                              6 mo.s interest less 20% obal
35247261        3        1          6.5       12.5           36                              6 mo.s interest less 20% obal
4000172321      3        1        5.375     11.375           36                              6 mo.s interest less 20% obal
35149178        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
4000168095      3        1         6.25      12.25           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34898247        3        1            6         12           24                              6 mo.s interest less 20% obal
35247410        3        1        6.375     12.375            0                                                       None
4000171733      3        1            7         13            0                                                       None
4000150090      0        0            0          0            0                                                       None
4000180816      3        1        7.125     13.125           12                              6 mo.s interest less 20% obal
4000180198      3        1            7         13            0                                                       None
4000169614      3        1        6.999     12.999           36                              6 mo.s interest less 20% obal
34937102        3        1        7.625     13.625           24                              6 mo.s interest less 20% obal
35244490        3        1         7.25      13.25           36                              6 mo.s interest less 20% obal
35078591        3        1            8         14            0                                                       None
35036011        3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
35212430        3        1          5.5       11.5           24                              6 mo.s interest less 20% obal
35226232        1        1        6.125     12.125           36                              6 mo.s interest less 20% obal
34712489        3        1            6         12           24                              6 mo.s interest less 20% obal
34712539        3        1            7         13           24                              6 mo.s interest less 20% obal
35108430        0        0            0          0            0                                                       None
35110089        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
35104082        3        1          6.5       12.5           36                              6 mo.s interest less 20% obal
4000173066      3        1        7.375     13.375           24                              6 mo.s interest less 20% obal
34697995        0        0            0          0           36                              6 mo.s interest less 20% obal
4000164549      3        1          6.5       12.5           36                              6 mo.s interest less 20% obal
34960138        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
35183060        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
4000157985      3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
35265677        3        1          6.5       12.5           36                              6 mo.s interest less 20% obal
34866319        3        1        9.875     15.875            0                                                       None
34990077        3        1            7         13           36                              6 mo.s interest less 20% obal
34719765        3        1        5.875     11.875           36                              6 mo.s interest less 20% obal
35028547        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal

<CAPTION>
                                              PAYMENT
              FIRST RATE      RATE RESET       RESET                                  MI
  LOANID      RESET DATE       FREQUENCY     FREQUENCY  PURPOSE   DIV  IO    IOTERM  FLAG
-----------------------------------------------------------------------------------------
<S>           <C>                  <C>            <C>  <C>         <C>  <C>    <C>    <C>
4000172190      9/1/2006           6              6    Purchase    N    Y      60     N
4000177000     10/1/2009           6              6    Purchase    N    Y      60     N
34949255        9/1/2009           6              6    C/O Refi    N    Y      60     N
4000153731      9/1/2007           6              6    Purchase    N    Y      60     N
34999854        9/1/2009           6              6    Purchase    N    Y      60     N
4000168782    00/00/0000           0              0    C/O Refi    N    Y      60     Y
35034164        9/1/2006           6              6    Purchase    N    Y      60     N
4000180326      9/1/2006           6              6    Purchase    N    Y      60     N
34075341        8/1/2006           6              6    Purchase    N    Y      60     N
35113448      00/00/0000           0              0    Purchase    N    N       0     Y
4000162173      9/1/2006           6              6    C/O Refi    N    Y      60     N
34960898        9/1/2006           6              6    Purchase    N    Y      60     N
35143858        8/1/2007           6              6    Purchase    N    Y      60     N
34992776        8/1/2006           6              6    Purchase    N    Y      60     N
34994970        9/1/2006           6              6    Purchase    N    N       0     Y
34996843        9/1/2006           6              6    C/O Refi    N    N       0     N
34997445        9/1/2007           6              6    Purchase    N    N       0     N
35131994        9/1/2006           6              6    C/O Refi    N    N       0     Y
35343342        9/1/2007           6              6    Purchase    N    Y      60     N
4000178188      9/1/2006           6              6    Purchase    N    N       0     N
4000167135      9/1/2006           6              6    Purchase    N    N       0     N
4000160503      9/1/2006           6              6    R/T Refi    N    Y      60     N
34898973        9/1/2006           6              6    Purchase    N    Y      60     N
34354928        9/1/2006           6              6    Purchase    N    Y      60     Y
34798199        9/1/2006           6              6    Purchase    N    Y      60     N
34718270        9/1/2006           6              6    C/O Refi    N    Y      60     N
35134535        9/1/2006           6              6    C/O Refi    N    N       0     N
35247246        9/1/2007           6              6    Purchase    N    N       0     Y
34379057      00/00/0000           0              0    C/O Refi    N    N       0     N
35013689        9/1/2006           6              6    Purchase    N    Y      60     Y
35209477        9/1/2007           6              6    C/O Refi    N    Y      60     Y
35009729        9/1/2006           6              6    C/O Refi    N    Y      60     N
35107192        9/1/2006           6              6    Purchase    N    N       0     Y
35142835        9/1/2007           6              6    R/T Refi    N    Y      60     Y
35009190        9/1/2007           6              6    C/O Refi    N    N       0     N
34236752        8/1/2006           6              6    Purchase    N    Y      60     N
34375295        9/1/2006           6              6    Purchase    N    N       0     N
35123553        9/1/2007           6              6    C/O Refi    N    N       0     N
4000162682      9/1/2006           6              6    Purchase    N    Y      60     N
34848713        9/1/2006           6              6    C/O Refi    N    N       0     N
35266329      00/00/0000           0              0    C/O Refi    N    N       0     N
34800771        8/1/2006           6              6    Purchase    N    Y      60     N
34833350        8/1/2006           6              6    Purchase    N    N       0     Y
4000164415      9/1/2006           6              6    Purchase    N    N       0     N
4000165454      9/1/2007           6              6    C/O Refi    N    Y      60     Y
35242437        8/1/2006           6              6    R/T Refi    N    Y      60     N
4000169438      9/1/2006           6              6    Purchase    N    N       0     N
34161174        9/1/2007           6              6    Purchase    N    Y      60     N
4000160747      3/1/2005           6              6    Purchase    N    Y      60     Y
34414961      00/00/0000           0              0    C/O Refi    N    Y      60     Y
32979130        8/1/2006           6              6    R/T Refi    N    Y      60     Y
4000168994      8/1/2006           6              6    Purchase    N    N       0     Y
4000170231      9/1/2006           6              6    C/O Refi    N    Y      60     N
4000156824      9/1/2006           6              6    C/O Refi    N    Y      60     Y
4000171376      9/1/2006           6              6    C/O Refi    N    Y      60     N
35083146        9/1/2006           6              6    Purchase    N    N       0     N
35248772      00/00/0000           0              0    C/O Refi    N    N       0     N
4000162072      9/1/2006           6              6    C/O Refi    N    Y      60     Y
35029065        9/1/2009           6              6    Purchase    N    Y      60     N
35283274        9/1/2007           6              6    C/O Refi    N    N       0     Y
35014455        9/1/2006           6              6    Purchase    N    Y      60     N
33420282        8/1/2006           6              6    Purchase    N    N       0     Y
4000165747      9/1/2006           6              6    Purchase    N    Y      60     N
34935973        9/1/2006           6              6    Purchase    N    N       0     N
34294934      00/00/0000           0              0    Purchase    N    N       0     Y
34934000        8/1/2006           6              6    Purchase    N    N       0     N
34719229        8/1/2006           6              6    Purchase    N    N       0     N
35151786        9/1/2006           6              6    C/O Refi    N    N       0     Y
35222603        9/1/2007           6              6    Purchase    N    N       0     N
35113059      00/00/0000           0              0    R/T Refi    N    N       0     Y
35111467        9/1/2006           6              6    R/T Refi    N    N       0     Y
35005701        8/1/2007           6              6    C/O Refi    N    Y      60     N
35247261        9/1/2009           6              6    Purchase    N    Y      60     N
4000172321      9/1/2006           6              6    C/O Refi    N    Y      60     N
35149178        9/1/2006           6              6    Purchase    N    N       0     N
4000168095      9/1/2006           6              6    Purchase    N    Y      60     N
34898247        8/1/2006           6              6    C/O Refi    N    N       0     N
35247410        9/1/2007           6              6    C/O Refi    N    N       0     N
4000171733      9/1/2007           6              6    C/O Refi    N    N       0     N
4000150090    00/00/0000           0              0    C/O Refi    N    N       0     N
4000180816      9/1/2006           6              6    Purchase    N    Y      60     N
4000180198      9/1/2007           6              6    C/O Refi    N    N       0     N
4000169614      9/1/2006           6              6    C/O Refi    N    Y      60     Y
34937102        9/1/2006           6              6    C/O Refi    N    Y      60     Y
35244490        9/1/2009           6              6    Purchase    N    N       0     N
35078591        9/1/2006           6              6    Purchase    N    N       0     Y
35036011        9/1/2006           6              6    Purchase    N    N       0     N
35212430        9/1/2006           6              6    Purchase    N    Y      60     N
35226232        3/1/2005           6              6    Purchase    N    Y      60     Y
34712489        9/1/2006           6              6    Purchase    N    Y      60     N
34712539        9/1/2006           6              6    C/O Refi    N    Y      60     Y
35108430      00/00/0000           0              0    C/O Refi    N    N       0     N
35110089        9/1/2006           6              6    Purchase    N    Y      60     N
35104082        9/1/2009           6              6    Purchase    N    N       0     N
4000173066      9/1/2006           6              6    Purchase    N    Y      60     N
34697995      00/00/0000           0              0    C/O Refi    N    N       0     N
4000164549      9/1/2007           6              6    C/O Refi    N    Y      60     N
34960138        9/1/2006           6              6    Purchase    N    Y      60     N
35183060        9/1/2006           6              6    Purchase    N    Y      60     N
4000157985      9/1/2009           6              6    Purchase    N    Y      60     Y
35265677        9/1/2009           6              6    C/O Refi    N    Y      60     N
34866319        9/1/2007           6              6    Purchase    N    N       0     N
34990077        8/1/2006           6              6    C/O Refi    N    N       0     Y
34719765        9/1/2006           6              6    Purchase    N    Y      60     N
35028547        9/1/2009           6              6    C/O Refi    N    N       0     Y
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
                                                          PROPERTY                    ORIGINAL ORIGINATION  FIRST PAY   MATURITY
  LOANID              CITY                 ZIP    STATE     TYPE       OCCUPANCY        TERM      DATE        DATE        DATE
--------------------------------------------------------------------------------------------------------------------------------
<S>           <C>                         <C>       <C>   <C>        <C>                <C>     <C>         <C>         <C>
4000170303    STOCKTON                    95210     CA       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
34239152      MESA                        85207     AZ       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
35028422      SHERMAN OAKS                91403     CA       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
34900704      PALM BAY                    32907     FL       SFR       Second Home      360      8/6/2004   10/1/2004   9/1/2034
35108190      FRISCO                      75035     TX       PUD     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
35066539      NORTH CHARLESTON            29420     SC       SFR     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
4000156084    CLIO                        48420     MI       SFR     Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
4000172309    WELLINGTON                  33414     FL       PUD     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
34680322      LAKEWOOD                    90713     CA       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35124940      PLAINFIELD                  60544     IL       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34508085      AVONMORE                    15618     PA       SFR     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
34921023      LAWRENCEVILLE               30045     GA       PUD     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35225754      MELBOURNE                   32935     FL       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
35205889      STOCKTON                    95207     CA       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
34795856      SAN DIEGO                   92154     CA       PUD     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
34990796      CLARA CITY                  56222     MN       SFR     Owner Occupied     360      8/2/2004    9/1/2004   8/1/2034
34379941      HAINESPORT                   8036     NJ       PUD     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
34036798      SOUTH WINDSOR                6074     CT       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
4000167465    VAN NUYS AREA               91406     CA    Units 2-4     Investor        360     7/28/2004    9/1/2004   8/1/2034
35189836      CORONA                      92880     CA       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
4000165916    CHESTERFIELD                48047     MI       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
4000169196    ROMULUS                     48174     MI       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
35076389      SUMMERFIELD                 27358     NC       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34079269      LAS VEGAS                   89120     NV      Condo    Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
4000174345    KALAMAZOO                   49048     MI       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
34861104      INGLESIDE                   60041     IL       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
35124569      BLUE ISLAND                 60406     IL       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
34865212      BRONX                       10469     NY    Units 2-4  Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34711580      LONG BEACH                  90808     CA       SFR     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
34971671      CHILLICOTHE                 45601     OH       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
4000174722    BOCA RATON                  33498     FL       PUD     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34991596      MINNEAPOLIS                 55412     MN       SFR     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
34800409      FRESNO                      93720     CA       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
4000170177    LAKE STEVENS                98258     WA      Condo    Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
33876137      SAINT LOUIS                 63136     MO       SFR     Owner Occupied     360     7/28/2004   10/1/2004   9/1/2034
34899765      BESSEMER                    35022     AL       PUD     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
4000161067    DEARBORN HEIGHTS            48125     MI       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
35383165      PHOENIX                     85043     AZ       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
35231695      OCALA                       34479     FL       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
35072990      CREEDMOOR                   27522     NC       PUD     Owner Occupied     360      8/6/2004    9/1/2004   8/1/2034
34241463      GILBERT                     85297     AZ       PUD     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
34759480      FREDERICKSBURG              22406     VA       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
35147313      WOODSTOCK                   30189     GA       PUD     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
34716555      TEMECULA                    92592     CA       SFR        Investor        360     8/11/2004   10/1/2004   9/1/2034
4000165597    PONTIAC                     48340     MI       SFR     Owner Occupied     180     7/30/2004   10/1/2004   9/1/2019
4000161793    ELLWOOD CITY                16117     PA       SFR     Owner Occupied     180      8/2/2004   10/1/2004   9/1/2019
35189117      REDLANDS                    92374     CA       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
34991273      EAGAN                       55123     MN       PUD     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35025709      LONG BEACH                  90802     CA      Condo    Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
34920405      CHAPEL HILL                 37034     TN       SFR     Owner Occupied     360      8/3/2004    9/1/2004   8/1/2034
35108406      KELLER                      76248     TX       PUD     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
34740167      MAGNA                       84044     UT       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
4000164692    ROOSEVELT                   11575     NY       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35009737      COLORADO SPRINGS            80919     CO      Condo    Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
34918169      MEMPHIS                     38125     TN       SFR     Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
4000160659    DETROIT                     48221     MI       SFR     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
34992032      ANDOVER                     55304     MN       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
4000158925    IDLEWILD                    49642     MI       SFR       Second Home      360     8/13/2004   10/1/2004   9/1/2034
4000176070    WARWICK                      2889     RI       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
34526764      WICHITA                     67212     KS       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35203280      TEMECULA                    92591     CA       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
34993956      CENTER CITY                 55012     MN       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34238808      PEORIA                      85381     AZ       PUD     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
34917393      KNOXVILLE                   37921     TN       SFR     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
4000172910    HILLSBOROUGH                33611     FL       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35284884      CLIFTON                      7011     NJ    Units 2-4  Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
4000168686    PERRIS                      92571     CA       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
4000171282    DELRAY BEACH                33484     FL      Condo    Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
34526798      SHAWNEE                     66216     KS       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
35066083      AIKEN                       29803     SC       SFR        Investor        360      8/6/2004    9/1/2004   8/1/2034
4000172625    METAMORA                    48455     MI      Condo    Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
4000153254    SANTA MARIA                 93455     CA       PUD     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
4000151929    PALMDALE                    93551     CA       PUD     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
4000176032    TOLEDO                      43605     OH       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35111566      SAN ANTONIO                 78232     TX       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
34993519      MINNEAPOLIS                 55418     MN       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35064914      CHAPIN                      29036     SC       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
35143718      HARTWELL                    30643     GA       SFR     Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
4000158240    JOLIET                      60436     IL       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
4000157498    SHEFFIELD LAKE              44054     OH       SFR     Owner Occupied     360      7/9/2004    9/1/2004   8/1/2034
35073691      CHARLOTTE                   28215     NC       PUD        Investor        360     8/17/2004   10/1/2004   9/1/2034
35189752      BLOOMINGTON                 92316     CA       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
4000156548    STOCKTON                    95209     CA       PUD     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34829952      COVENTRY                     2816     RI       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
4000167822    FORT LAUDERDALE             33319     FL       PUD     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
34856138      OTTAWA                      61350     IL       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
4000171846    ORLANDO                     32817     FL       PUD     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
33018912      INDIANAPOLIS                46229     IN       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34869974      ALBANY                      12205     NY       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35122100      CHICAGO                     60617     IL       SFR       Second Home      360     8/10/2004   10/1/2004   9/1/2034
34659789      COTTAGE GROVE               55016     MN       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
4000161257    CENTER LINE                 48015     MI       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34095513      LOS ANGELES                 90044     CA    Units 2-4  Owner Occupied     360      6/8/2004    8/1/2004   7/1/2034
34976407      WASHINGTON COURT HOUSE      43160     OH       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
4000169657    LANCASTER                   93535     CA       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
35192004      WHITTIER AREA               90605     CA       SFR        Investor        360     8/18/2004   10/1/2004   9/1/2034
34646638      MILWAUKEE                   53210     WI    Units 2-4  Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
35193341      PASO ROBLES                 93446     CA       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000162655    NEWMAN                      95360     CA       SFR     Owner Occupied     360     7/19/2004    9/1/2004   8/1/2034
34795575      SPRING VALLEY               91977     CA       SFR        Investor        360     7/28/2004    9/1/2004   8/1/2034
34797829      VISTA                       92084     CA      Condo    Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
34955179      SYLMAR AREA                 91342     CA       SFR     Owner Occupied     360     7/28/2004   10/1/2004   9/1/2034
4000162005    CATHEDRAL CITY              92234     CA       SFR     Owner Occupied     180      8/3/2004   10/1/2004   9/1/2019
35012772      DENVER                      80239     CO       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
4000172505    MIAMI                       33179     FL      Condo    Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034

<CAPTION>
                                                                                      ORIGINAL
                                                                                      COMBAINED
              REMAINING     ORIGINAL   SCHEDULED                       PAID THRU       LOAN TO      OTS
  LOANID        TERM        BALANCE     BALANCE      RATE      P&I        DATE          VALUE   DELINQUENCY INDEX       MARGIN
------------------------------------------------------------------------------------------------------------------------------
<S>              <C>      <C>         <C>           <C>     <C>        <C>              <C>        <C>       <C>        <C>
4000170303       359      240,000.00  240,000.00        6   1,200.00   10/1/2004        94.12      0-29      6ML         4.75
34239152         359      107,100.00  107,039.95    8.875     852.14   10/1/2004           85      0-29      6ML            7
35028422         359      000,000.00  000,000.00    6.875   5,729.17   10/1/2004        52.63      0-29      6ML        3.875
34900704         359      127,700.00  127,614.31        8     937.02   10/1/2004        89.99      0-29      6ML        6.125
35108190         359      212,800.00  212,800.00    6.875   1,219.17   10/1/2004           80      0-29      6ML            5
35066539         358      101,600.00  101,575.00    6.875     582.08    9/1/2004           80      0-29      6ML         4.75
4000156084       358      155,000.00  154,811.53      8.5   1,191.82    9/1/2004        83.78      0-29      6ML        6.875
4000172309       359      222,000.00  221,862.02    8.375   1,687.36   10/1/2004        81.02      0-29      6ML          4.5
34680322         359      348,000.00  348,000.00    5.875   1,703.75   10/1/2004           80      0-29      6ML        3.625
35124940         359      199,500.00  199,344.36     7.25   1,360.95   10/1/2004           95      0-29      6ML         5.75
34508085         358       35,200.00   35,161.79    9.125      286.4    9/1/2004           80      0-29      6ML            7
34921023         359      161,080.00  160,954.34     7.25   1,098.85   10/1/2004           75      0-29      6ML        5.625
35225754         359       98,500.00   98,435.57    8.125     731.36   10/1/2004         78.8      0-29      6ML         5.75
35205889         359      226,950.00  226,754.59     6.75   1,472.00   10/1/2004        84.06      0-29      6ML        5.375
34795856         359      445,700.00  445,700.00    6.125   2,274.93   10/1/2004           80      0-29      6ML          3.5
34990796         358       60,800.00   60,727.94    8.625      472.9   10/1/2004           80      0-29      6ML        6.625
34379941         358      146,000.00  145,903.75     8.25   1,003.75    9/1/2004        38.42      0-29      6ML          5.5
34036798         359      178,000.00  177,854.09        7   1,184.24   10/1/2004        79.11      0-29      6ML        5.375
4000167465       358      393,300.00  393,300.00    6.875   2,253.28    9/1/2004           90      0-29      6ML        4.625
35189836         359      308,900.00  308,900.00    5.875   1,512.32   10/1/2004           80      0-29      6ML        3.625
4000165916       359      123,000.00  123,000.00    6.625     679.06   10/1/2004        58.57      0-29      6ML        4.375
4000169196       359      157,500.00  157,500.00    7.125     935.16   10/1/2004        78.16      0-29      6ML         5.25
35076389         359       95,950.00   95,880.55    7.625     679.13   10/1/2004        76.86      0-29      6ML            5
34079269         359      146,000.00  146,000.00     6.75     821.25   10/1/2004           80      0-29      6ML         4.25
4000174345       359      100,000.00   99,937.85    8.375     760.07   10/1/2004          100      0-29      6ML          5.5
34861104         359      118,750.00  118,750.00    7.875      779.3   10/1/2004           95      0-29      6ML        5.875
35124569         359      100,000.00  100,000.00    6.375     531.25   10/1/2004           80      0-29      6ML        4.375
34865212         359      365,000.00  364,747.40    8.375   2,774.27   10/1/2004          100      0-29      FIX            0
34711580         358      434,000.00  433,966.38     5.99   2,166.38    9/1/2004        78.91      0-29      6ML          3.5
34971671         359       96,900.00   96,812.40      6.5     612.48   10/1/2004        72.86      0-29      6ML        4.125
4000174722       359      370,000.00  369,725.41      7.5   2,587.09   10/1/2004          100      0-29      6ML        5.625
34991596         358      151,300.00  151,298.34    7.125     898.34    9/1/2004           85      0-29      6ML        5.625
34800409         359      339,300.00  339,300.00    6.875   1,943.91   10/1/2004           90      0-29      6ML          5.5
4000170177       359      118,080.00  118,080.00     6.75      664.2   10/1/2004           80      0-29      6ML         3.75
33876137         359       52,000.00   52,000.00    8.625     373.75   10/1/2004           80      0-29      6ML            6
34899765         359      235,600.00  235,600.00     6.25   1,227.08   10/1/2004           80      0-29      6ML         4.75
4000161067       359       55,200.00   55,166.56      8.5     424.44   10/1/2004           80      0-29      6ML        6.625
35383165         359      152,000.00  152,000.00        8   1,013.33   10/1/2004          100      0-29      6ML        6.375
35231695         359       73,000.00   72,948.47     7.75     522.99   10/1/2004          100      0-29      FIX            0
35072990         358      126,400.00  126,400.00    6.125     645.17   10/1/2004           80      0-29      6ML        4.125
34241463         359      158,450.00  158,316.88    6.875   1,040.91   10/1/2004        79.99      0-29      6ML         5.25
34759480         359      258,400.00  258,400.00      6.5   1,399.67   10/1/2004           80      0-29      6ML        4.875
35147313         358      495,000.00  494,102.60      6.5   3,128.74    9/1/2004           90      0-29      6ML         5.25
34716555         359      327,200.00  327,200.00      7.5   2,045.00   10/1/2004        84.99      0-29      6ML        4.625
4000165597       179       76,000.00   75,769.78      8.5      748.4   10/1/2004        88.37      0-29      FIX            0
4000161793       179       58,400.00   58,225.55    7.625     545.53   10/1/2004           80      0-29      FIX            0
35189117         359      159,600.00  159,600.00     7.25     964.25   10/1/2004           95      0-29      6ML         5.75
34991273         359      137,750.00  137,750.00    6.875     789.19   10/1/2004        79.99      0-29      6ML        5.375
35025709         359      193,600.00  193,600.00      6.5   1,048.67   10/1/2004           80      0-29      6ML        4.625
34920405         358       70,320.00   70,320.00     8.25     483.45    9/1/2004           80      0-29      6ML         5.75
35108406         359      196,600.00  196,389.81    5.625   1,131.75   10/1/2004        64.99      0-29      6ML        3.625
34740167         359       46,150.00   46,127.29      9.5     388.06   10/1/2004        89.96      0-29      6ML        6.125
4000164692       359      171,000.00  170,852.78     6.75   1,109.10   10/1/2004           95      0-29      6ML        5.625
35009737         359      146,000.00  145,896.95     7.75   1,045.97   10/1/2004        94.81      0-29      FIX            0
34918169         358      156,000.00  155,789.94        8   1,144.68    9/1/2004           80      0-29      FIX            0
4000160659       358       65,000.00   64,914.68    8.125     482.62    9/1/2004        72.22      0-29      6ML            6
34992032         359      140,000.00  139,870.33    6.375     873.42   10/1/2004        76.09      0-29      6ML        4.875
4000158925       359       45,200.00   45,172.62      8.5     347.55   10/1/2004           80      0-29      6ML          6.5
4000176070       359      209,900.00  209,736.26     7.25   1,431.89   10/1/2004          100      0-29      FIX            0
34526764         359      184,000.00  183,859.98    7.375   1,270.85   10/1/2004        94.85      0-29      FIX            0
35203280         359      279,000.00  279,000.00      6.5   1,511.25   10/1/2004           75      0-29      6ML        4.875
34993956         359      185,800.00  185,627.90    6.375   1,159.16   10/1/2004        89.95      0-29      6ML        5.625
34238808         359      150,300.00  150,300.00     7.75     970.69   10/1/2004           90      0-29      6ML         5.75
34917393         358       47,500.00   47,445.12     8.75     373.69    9/1/2004        89.62      0-29      FIX            0
4000172910       359      131,100.00  130,992.52    6.999     872.12   10/1/2004           95      0-29      FIX            0
35284884         359      370,000.00  370,000.00    8.625   2,659.38   10/1/2004          100      0-29      6ML        6.625
4000168686       359      284,000.00  284,000.00     6.75   1,597.50   10/1/2004        88.47      0-29      6ML        5.125
4000171282       359      140,600.00  140,498.24    7.625     995.16   10/1/2004           95      0-29      6ML         5.25
34526798         359      119,500.00  119,402.04        7     795.04   10/1/2004        94.09      0-29      6ML          5.5
35066083         358      102,000.00  101,885.20    8.875     811.56    9/1/2004           85      0-29      FIX            0
4000172625       359      389,650.00  389,650.00    5.375   1,745.31   10/1/2004           80      0-29      6ML          3.5
4000153254       358      443,850.00  443,083.57     6.75   2,878.80    9/1/2004           95      0-29      6ML        5.125
4000151929       358      320,000.00  320,000.00    5.999   1,599.73    9/1/2004           80      0-29      6ML        4.125
4000176032       359       77,000.00   76,956.83    8.875     612.65   10/1/2004          100      0-29      6ML        6.375
35111566         359      193,800.00  193,666.62    7.875   1,405.19   10/1/2004           85      0-29      6ML         4.25
34993519         359      225,000.00  224,810.96    6.875   1,478.10   10/1/2004           90      0-29      6ML            6
35064914         359       89,400.00   89,400.00     6.25     465.63   10/1/2004        79.96      0-29      6ML         4.25
35143718         358      134,400.00  134,143.24      7.5     939.75    9/1/2004           80      0-29      FIX            0
4000158240       359      116,000.00  115,895.13      6.5      733.2   10/1/2004           80      0-29      FIX            0
4000157498       358      108,000.00  108,000.00    8.875     798.75    9/1/2004           90      0-29      6ML            7
35073691         359      104,550.00  104,550.00    7.375     642.55   10/1/2004        82.98      0-29      6ML          4.5
35189752         359      221,600.00  221,600.00    6.125   1,131.08   10/1/2004         94.3      0-29      6ML        4.625
4000156548       359      262,650.00  262,650.00    5.375   1,176.45   10/1/2004        79.99      0-29      6ML         3.75
34829952         359      170,400.00  170,400.00    6.875     976.25   10/1/2004           80      0-29      6ML         4.75
4000167822       359      361,000.00  360,718.38     7.25   2,462.66   10/1/2004           95      0-29      6ML         5.75
34856138         359       60,750.00   60,704.91      7.5     424.78   10/1/2004           90      0-29      6ML         6.25
4000171846       359      184,000.00  184,000.00     6.75   1,035.00   10/1/2004           80      0-29      6ML        4.625
33018912         359      107,000.00  106,905.59    6.625     685.14   10/1/2004          100      0-29      6ML         5.25
34869974         359      160,000.00  160,000.00    5.875     783.33   10/1/2004           80      0-29      6ML            4
35122100         359      128,100.00  127,984.20      6.5     809.68   10/1/2004           70      0-29      6ML         4.25
34659789         359      193,500.00  193,500.00    7.625   1,229.53   10/1/2004           90      0-29      FIX            0
4000161257       359      102,900.00  102,900.00        6      514.5   10/1/2004        79.15      0-29      6ML        4.125
34095513         357      227,200.00  227,200.00     5.75   1,088.67    9/1/2004           80      0-29      6ML        4.375
34976407         359       76,000.00   75,946.35     7.75     544.48   10/1/2004           95      0-29      FIX            0
4000169657       359      161,250.00  161,104.23      6.5   1,019.21   10/1/2004           75      0-29      6ML         4.75
35192004         359      257,600.00  257,600.00     5.99   1,285.85   10/1/2004           80      0-29      6ML          3.5
34646638         359      103,900.00  103,812.71    6.875     682.55   10/1/2004        79.98      0-29      6ML            5
35193341         359      425,000.00  425,000.00     7.99   2,829.79   10/1/2004         91.4      0-29      6ML          6.5
4000162655       358      201,550.00  201,550.00    5.625     944.77    9/1/2004        79.99      0-29      6ML         3.75
34795575         358      371,200.00  371,103.33     6.25   1,933.33    9/1/2004           80      0-29      6ML        3.625
34797829         359      272,000.00  272,000.00      6.5   1,473.33   10/1/2004           80      0-29      6ML        4.375
34955179         359      313,500.00  313,500.00    9.125   2,383.91   10/1/2004           95      0-29      6ML         6.75
4000162005       179      128,000.00  127,555.16    5.875   1,071.51   10/1/2004         51.2      0-29      FIX            0
35012772         359      171,000.00  171,000.00     7.75   1,104.38   10/1/2004           90      0-29      6ML        6.375
4000172505       359      153,000.00  153,000.00    6.875     876.56   10/1/2004           90      0-29      6ML         4.75

<CAPTION>
             INITIAL  PERIODIC                           PREPAYMENT
  LOANID       CAP      CAP       FLOOR    CEILING          TERM                                PREPAYMENT PENALTY
--------------------------------------------------------------------------------------------------------------------------
<S>             <C>      <C>      <C>       <C>              <C>                        <C>
4000170303      3        1            6         12           24                              6 mo.s interest less 20% obal
34239152        3        1        8.875     14.875           36                              6 mo.s interest less 20% obal
35028422        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
34900704        3        1            8         14           24                              6 mo.s interest less 20% obal
35108190        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
35066539        3        1        6.875     12.875            0                                                       None
4000156084      3        1          8.5       14.5           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000172309      3        1        8.375     14.375           24                              6 mo.s interest less 20% obal
34680322        3        1        5.875     11.875           36                              6 mo.s interest less 20% obal
35124940        3        1         7.25      13.25           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34508085        3        1        9.125     15.125           24                              6 mo.s interest less 20% obal
34921023        3        1         7.25      13.25            0                                                       None
35225754        3        1        8.125     14.125           24                              6 mo.s interest less 20% obal
35205889        3        1         6.75      12.75           36                              6 mo.s interest less 20% obal
34795856        3        1        6.125     12.125           12                              6 mo.s interest less 20% obal
34990796        3        1        8.625     14.625           36                         min (2% prepaid, 60 days interest)
34379941        3        1         8.25      14.25            0                                                       None
34036798        3        1            7         13           24                              6 mo.s interest less 20% obal
4000167465      3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
35189836        3        1        5.875     11.875           36                              6 mo.s interest less 20% obal
4000165916      3        1        6.625     12.625           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000169196      3        1        7.125     13.125           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35076389        3        1        7.625     13.625            0                                                       None
34079269        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
4000174345      3        1        8.375     14.375           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34861104        3        1        7.875     13.875           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35124569        3        1        6.375     12.375           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34865212        0        0            0          0           12                              6 mo.s interest less 20% obal
34711580        3        1         5.99      11.99           12                              6 mo.s interest less 20% obal
34971671        3        1          6.5       12.5           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000174722      3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
34991596        3        1        7.125     13.125           36                         min (2% prepaid, 60 days interest)
34800409        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
4000170177      3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
33876137        3        1        8.625     14.625           24                                                 2% prepaid
34899765        1        1         6.25      12.25           24                              6 mo.s interest less 20% obal
4000161067      3        1          8.5       14.5           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35383165        3        1            8         14           24                              6 mo.s interest less 20% obal
35231695        0        0            0          0           36                              6 mo.s interest less 20% obal
35072990        3        1        6.125     12.125            0                                                       None
34241463        3        1        6.875     12.875           36                              6 mo.s interest less 20% obal
34759480        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
35147313        3        1          6.5       12.5            0                                                       None
34716555        3        1          7.5       13.5            0                                                       None
4000165597      0        0            0          0           36                                                 1% prepaid
4000161793      0        0            0          0            0                                                       None
35189117        3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
34991273        3        1        6.875     12.875           36                         min (2% prepaid, 60 days interest)
35025709        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
34920405        3        1         8.25      14.25           24                              6 mo.s interest less 20% obal
35108406        3        1        5.625     10.625           36                              6 mo.s interest less 20% obal
34740167        3        1          9.5       15.5           24                              6 mo.s interest less 20% obal
4000164692      3        1         6.75      12.75            0                                                       None
35009737        0        0            0          0           36                              6 mo.s interest less 20% obal
34918169        0        0            0          0           36                              6 mo.s interest less 20% obal
4000160659      3        1        8.125     14.125           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34992032        3        1        6.375     12.375           36                         min (2% prepaid, 60 days interest)
4000158925      3        1          8.5       14.5           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000176070      0        0            0          0           12                                                 2% prepaid
34526764        0        0            0          0            0                                                       None
35203280        1        1          6.5       12.5           24                              6 mo.s interest less 20% obal
34993956        3        1        6.375     12.375           36                         min (2% prepaid, 60 days interest)
34238808        3        1         7.75      13.75           24                              6 mo.s interest less 20% obal
34917393        0        0            0          0           36                              6 mo.s interest less 20% obal
4000172910      0        0            0          0           36                              6 mo.s interest less 20% obal
35284884        3        1        8.625     14.625            0                                                       None
4000168686      3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
4000171282      3        1        7.625     13.625           36                              6 mo.s interest less 20% obal
34526798        3        1            7         13           24                              6 mo.s interest less 20% obal
35066083        0        0            0          0            0                                                       None
4000172625      3        1        5.375     11.375           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000153254      3        1         6.75      12.75            0                                                       None
4000151929      3        1        5.999     11.999           36                              6 mo.s interest less 20% obal
4000176032      3        1        8.875     14.875           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35111566        3        1        7.875     13.875           24                              6 mo.s interest less 20% obal
34993519        3        1        6.875     12.875           36                         min (2% prepaid, 60 days interest)
35064914        3        1         6.25      12.25            0                                                       None
35143718        0        0            0          0            0                                                       None
4000158240      0        0            0          0            0                                                       None
4000157498      3        1        8.875     14.875           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35073691        3        1        7.375     13.375            0                                                       None
35189752        3        1        6.125     12.125           36                              6 mo.s interest less 20% obal
4000156548      3        1        5.375     11.375           24                              6 mo.s interest less 20% obal
34829952        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
4000167822      3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
34856138        3        1          7.5       13.5           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000171846      3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
33018912        3        1        6.625     12.625           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34869974        3        1        5.875     11.875            0                                                       None
35122100        3        1          6.5       12.5           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34659789        0        0            0          0           36                         min (2% prepaid, 60 days interest)
4000161257      3        1            6         12           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34095513        3        1         5.75      11.75           24                              6 mo.s interest less 20% obal
34976407        0        0            0          0           36                                                 1% prepaid
4000169657      3        1          6.5       12.5           36                              6 mo.s interest less 20% obal
35192004        3        1         5.99      11.99           24                              6 mo.s interest less 20% obal
34646638        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
35193341        3        1         7.99      13.99           24                              6 mo.s interest less 20% obal
4000162655      3        1        5.625     11.625           24                              6 mo.s interest less 20% obal
34795575        3        1         6.25      12.25           36                              6 mo.s interest less 20% obal
34797829        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
34955179        3        1        9.125     15.125           12                              6 mo.s interest less 20% obal
4000162005      0        0            0          0           36                              6 mo.s interest less 20% obal
35012772        3        1         7.75      13.75           24                              6 mo.s interest less 20% obal
4000172505      3        1        6.875     12.875           36                              6 mo.s interest less 20% obal

<CAPTION>
                                              PAYMENT
              FIRST RATE      RATE RESET       RESET                                  MI
  LOANID      RESET DATE       FREQUENCY     FREQUENCY  PURPOSE   DIV  IO    IOTERM  FLAG
-----------------------------------------------------------------------------------------
<S>           <C>                  <C>            <C>  <C>         <C>  <C>    <C>    <C>
4000170303      9/1/2006           6              6    Purchase    N    Y      60     Y
34239152        9/1/2007           6              6    C/O Refi    N    N       0     Y
35028422        9/1/2006           6              6    C/O Refi    N    Y      60     N
34900704        9/1/2006           6              6    Purchase    N    N       0     Y
35108190        9/1/2006           6              6    Purchase    N    Y      60     N
35066539        8/1/2006           6              6    C/O Refi    N    Y      60     N
4000156084      8/1/2006           6              6    C/O Refi    N    N       0     Y
4000172309      9/1/2009           6              6    C/O Refi    N    N       0     Y
34680322        9/1/2009           6              6    Purchase    N    Y      60     N
35124940        9/1/2006           6              6    C/O Refi    N    N       0     Y
34508085        8/1/2006           6              6    Purchase    N    N       0     N
34921023        9/1/2007           6              6    Purchase    N    N       0     N
35225754        9/1/2006           6              6    C/O Refi    N    N       0     N
35205889        9/1/2007           6              6    C/O Refi    N    N       0     Y
34795856        9/1/2006           6              6    Purchase    N    Y      60     N
34990796        8/1/2006           6              6    Purchase    N    N       0     N
34379941        8/1/2006           6              6    C/O Refi    N    Y      60     N
34036798        9/1/2006           6              6    Purchase    N    N       0     N
4000167465      8/1/2006           6              6    Purchase    N    Y      60     Y
35189836        9/1/2009           6              6    Purchase    N    Y      60     N
4000165916      9/1/2006           6              6    C/O Refi    N    Y      60     N
4000169196      9/1/2007           6              6    C/O Refi    N    Y      60     N
35076389        9/1/2007           6              6    R/T Refi    N    N       0     N
34079269        9/1/2006           6              6    Purchase    N    Y      60     N
4000174345      9/1/2006           6              6    C/O Refi    N    N       0     N
34861104        9/1/2006           6              6    C/O Refi    N    Y      60     Y
35124569        9/1/2006           6              6    Purchase    N    Y      60     N
34865212      00/00/0000           0              0    Purchase    N    N       0     N
34711580        8/1/2006           6              6    R/T Refi    N    Y      60     N
34971671        9/1/2006           6              6    C/O Refi    N    N       0     N
4000174722      9/1/2006           6              6    C/O Refi    N    N       0     N
34991596        8/1/2006           6              6    C/O Refi    N    Y      60     Y
34800409        9/1/2006           6              6    Purchase    N    Y      60     Y
4000170177      9/1/2009           6              6    Purchase    N    Y      60     N
33876137        9/1/2006           6              6    C/O Refi    N    Y      60     N
34899765        3/1/2005           6              6    Purchase    N    Y      60     N
4000161067      9/1/2006           6              6    C/O Refi    N    N       0     N
35383165        9/1/2006           6              6    Purchase    N    Y      60     N
35231695      00/00/0000           0              0    Purchase    N    N       0     Y
35072990        8/1/2007           6              6    Purchase    N    Y      60     N
34241463        9/1/2007           6              6    Purchase    N    N       0     N
34759480        9/1/2006           6              6    Purchase    N    Y      60     N
35147313        8/1/2007           6              6    C/O Refi    N    N       0     Y
34716555        9/1/2006           6              6    Purchase    N    Y      60     Y
4000165597    00/00/0000           0              0    C/O Refi    N    N       0     Y
4000161793    00/00/0000           0              0    C/O Refi    N    N       0     N
35189117        9/1/2006           6              6    Purchase    N    Y      60     Y
34991273        9/1/2006           6              6    Purchase    N    Y      60     N
35025709        9/1/2006           6              6    Purchase    N    Y      60     N
34920405        8/1/2009           6              6    Purchase    N    Y      60     N
35108406        9/1/2007           6              6    Purchase    N    N       0     N
34740167        9/1/2006           6              6    Purchase    N    N       0     Y
4000164692      9/1/2007           6              6    Purchase    N    N       0     N
35009737      00/00/0000           0              0    C/O Refi    N    N       0     Y
34918169      00/00/0000           0              0    C/O Refi    N    N       0     N
4000160659      8/1/2006           6              6    R/T Refi    N    N       0     N
34992032        9/1/2006           6              6    Purchase    N    N       0     N
4000158925      9/1/2006           6              6    C/O Refi    N    N       0     N
4000176070    00/00/0000           0              0    Purchase    N    N       0     N
34526764      00/00/0000           0              0    R/T Refi    N    N       0     N
35203280        3/1/2005           6              6    Purchase    N    Y      60     N
34993956        9/1/2006           6              6    Purchase    N    N       0     Y
34238808        9/1/2006           6              6    C/O Refi    N    Y      60     N
34917393      00/00/0000           0              0    C/O Refi    N    N       0     Y
4000172910    00/00/0000           0              0    C/O Refi    N    N       0     Y
35284884        9/1/2006           6              6    Purchase    N    Y      60     N
4000168686      9/1/2009           6              6    R/T Refi    N    Y      60     Y
4000171282      9/1/2009           6              6    C/O Refi    N    N       0     Y
34526798        9/1/2006           6              6    R/T Refi    N    N       0     Y
35066083      00/00/0000           0              0    Purchase    N    N       0     Y
4000172625      9/1/2009           6              6    Purchase    N    Y      60     N
4000153254      8/1/2007           6              6    Purchase    N    N       0     Y
4000151929      8/1/2007           6              6    Purchase    N    Y      60     N
4000176032      9/1/2007           6              6    C/O Refi    N    N       0     N
35111566        9/1/2006           6              6    Purchase    N    N       0     Y
34993519        9/1/2006           6              6    C/O Refi    N    N       0     N
35064914        9/1/2007           6              6    Purchase    N    Y      60     N
35143718      00/00/0000           0              0    C/O Refi    N    N       0     N
4000158240    00/00/0000           0              0    Purchase    N    N       0     N
4000157498      8/1/2006           6              6    R/T Refi    N    Y      60     N
35073691        9/1/2006           6              6    R/T Refi    N    Y      60     Y
35189752        9/1/2007           6              6    Purchase    N    Y      60     Y
4000156548      9/1/2006           6              6    Purchase    N    Y      60     N
34829952        9/1/2009           6              6    Purchase    N    Y      60     N
4000167822      9/1/2007           6              6    Purchase    N    N       0     Y
34856138        9/1/2006           6              6    Purchase    N    N       0     Y
4000171846      9/1/2006           6              6    Purchase    N    Y      60     N
33018912        9/1/2006           6              6    Purchase    N    N       0     Y
34869974        9/1/2007           6              6    Purchase    N    Y      60     N
35122100        9/1/2006           6              6    C/O Refi    N    N       0     N
34659789      00/00/0000           0              0    C/O Refi    N    Y      60     Y
4000161257      9/1/2006           6              6    R/T Refi    N    Y      60     N
34095513        7/1/2006           6              6    Purchase    N    Y      60     N
34976407      00/00/0000           0              0    C/O Refi    N    N       0     Y
4000169657      9/1/2006           6              6    R/T Refi    N    N       0     N
35192004        9/1/2006           6              6    Purchase    N    Y      60     N
34646638        9/1/2006           6              6    Purchase    N    N       0     N
35193341        9/1/2006           6              6    Purchase    N    Y      60     N
4000162655      8/1/2006           6              6    Purchase    N    Y      60     N
34795575        8/1/2007           6              6    C/O Refi    N    Y      60     N
34797829        9/1/2006           6              6    Purchase    N    Y      60     N
34955179        9/1/2006           6              6    C/O Refi    N    Y      60     N
4000162005    00/00/0000           0              0    R/T Refi    N    N       0     N
35012772        9/1/2006           6              6    C/O Refi    N    Y      60     N
4000172505      9/1/2009           6              6    C/O Refi    N    Y      60     Y
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
                                                          PROPERTY                    ORIGINAL ORIGINATION  FIRST PAY   MATURITY
  LOANID              CITY                 ZIP    STATE     TYPE       OCCUPANCY        TERM      DATE        DATE        DATE
--------------------------------------------------------------------------------------------------------------------------------
<S>           <C>                         <C>       <C>   <C>        <C>                <C>     <C>         <C>         <C>
34801522      ESCONDIDO                   92026     CA       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
34958082      FONTANA                     92335     CA       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
34857490      CICERO                      60804     IL       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
4000166981    BOYNTON BEACH               33435     FL       SFR     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
4000167520    HIALEAH                     33015     FL       PUD     Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
34655324      MILWAUKEE                   53204     WI       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
4000175532    MASSAPEQUA                  11758     NY       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
4000175612    NORTH BEACH                 20714     MD       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
4000176962    HOUSTON                     77099     TX       PUD        Investor        360     8/31/2004   10/1/2004   9/1/2034
34695239      MIAMI                       33194     FL       PUD     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
34949784      COVINA                      91722     CA       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
4000156622    STATEN ISLAND               10302     NY       SFR     Owner Occupied     360     6/22/2004    8/1/2004   7/1/2034
35031780      VAN NUYS                    91406     CA       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
4000169387    NORTH HILLS AREA            91343     CA       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
4000170365    HIALEAH                     33012     FL       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
4000164737    SHIRLEY                     11967     NY       SFR     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
4000160114    SAN JOSE                    95138     CA       SFR     Owner Occupied     360      7/8/2004    9/1/2004   8/1/2034
4000157302    GAINESVILLE                 20155     VA       PUD     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
35033653      GLENDALE                    91204     CA       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
34281253      HOUSTON                     77088     TX       PUD     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34916817      MILLINGTON                  38053     TN       SFR     Owner Occupied     360     7/20/2004    9/1/2004   8/1/2034
34080531      HENDERSON                   89015     NV       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
4000177046    NORTH LAUDERDALE            33068     FL       PUD     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35123249      NAPERVILLE                  60564     IL       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
35186485      MOORPARK                    93021     CA       PUD     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
4000167219    DETROIT                     48206     MI       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
34712133      ONTARIO                     91762     CA      Condo    Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
4000174347    MANTECA                     95336     CA       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
35203371      SHASTA LAKE                 96019     CA       SFR     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
33938010      BERLIN HEIGHTS              44814     OH       SFR     Owner Occupied     360      7/9/2004    9/1/2004   8/1/2034
4000163643    WINDSOR                     95492     CA       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
34795583      SACRAMENTO                  95842     CA       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
34988394      BROOKLYN PARK               55445     MN      Condo    Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
34992164      WATKINS                     55389     MN       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35080134      CHARLOTTE                   28217     NC       SFR        Investor        360     8/30/2004   10/1/2004   9/1/2034
35268267      HIGHLAND                    92346     CA       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
35030857      SANTA CLARITA               91390     CA       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
4000169998    WINTON                      95388     CA       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
35228279      DELAND                      32720     FL       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
34741967      MESA                        85212     AZ       PUD     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
35153493      JONESBORO                   30236     GA       PUD     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
34081190      LAS VEGAS                   89131     NV       PUD     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
4000169745    HOLLYWOOD                   33024     FL       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
4000176191    SNOHOMISH                   98290     WA       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
4000171148    DUNDEE                      97115     OR       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
35236371      LARGO                       33773     FL       PUD     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
34239731      SURPRISE                    85374     AZ       PUD     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
4000173171    SPOKANE VALLEY              99206     WA       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
35130061      FRANKFORT                   60423     IL       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
34658096      LORIMOR                     50149     IA       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
33857301      KEARNS                      84118     UT       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
33758368      TUMWATER                    98501     WA       PUD     Owner Occupied     360     7/23/2004    9/1/2004   8/1/2034
35184720      BAKERSFIELD                 93311     CA       SFR        Investor        360     7/27/2004    9/1/2004   8/1/2034
34718122      RIVERSIDE                   92503     CA       SFR     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
34281527      FRIENDSWOOD                 77546     TX       SFR     Owner Occupied     360     7/26/2004    9/1/2004   8/1/2034
35103662      FORT WORTH                  76179     TX       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
4000159695    OLYMPIA                     98513     WA       PUD     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
34965319      FORT WAYNE                  46815     IN       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
35070259      GREENSBORO                  27405     NC       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
34974444      CINCINNATI                  45231     OH       SFR     Owner Occupied     360     7/28/2004   10/1/2004   9/1/2034
4000161997    LIVONIA                     48152     MI       SFR     Owner Occupied     360     7/27/2004    9/1/2004   8/1/2034
4000162135    ADDISON                     49220     MI       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
34658864      SAINT LOUIS                 63146     MO       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34526871      RAYMORE                     64083     MO       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
34979310      CINCINNATI                  45240     OH       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
35183235      ANAHEIM                     92801     CA       SFR     Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
35198928      LAGUNA NIGUEL               92677     CA       PUD     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
4000160830    HERCULES                    94547     CA      Condo    Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
34963462      NORTH WALES                 19454     PA       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
34246736      BRANDON                     33511     FL       PUD     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
34659961      WARREN                      48088     MI       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35014661      CASTLE ROCK                 80104     CO       PUD     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
4000168030    SPANAWAY                    98387     WA       PUD     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34379693      LAWNSIDE                     8045     NJ       SFR     Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
4000174886    VACAVILLE                   95687     CA       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
34646828      KENOSHA                     53143     WI       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
35127398      CREVE COEUR                 61610     IL       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
35195726      TORRANCE                    90503     CA      Condo    Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34867283      DUANESBURG                  12056     NY       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
34995258      MINNETONKA                  55305     MN      Condo    Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34658898      SAINT PAUL                  55119     MN       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34376699      READING                     19611     PA       SFR     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
34721910      CARLSBAD                    92009     CA       PUD     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34681072      PALMDALE                    93551     CA       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
4000171219    FRESNO                      93704     CA       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
35108448      IRVING                      75060     TX       SFR     Owner Occupied     360      8/7/2004   10/1/2004   9/1/2034
34749796      PHILADELPHIA                19141     PA       SFR     Owner Occupied     360     7/23/2004    9/1/2004   8/1/2034
34755421      MANASSAS                    20109     VA       PUD     Owner Occupied     360      8/3/2004    9/1/2004   8/1/2034
35080464      BAHAMA                      27503     NC       PUD     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35223031      DELTONA                     32725     FL       SFR     Owner Occupied     180     7/30/2004   10/1/2004   9/1/2019
35206432      MADERA                      93638     CA       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
4000174513    PAWTUCKET                    2860     RI    Units 2-4  Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
34527762      OMAHA                       68105     NE       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34939207      SALEM                       97306     OR       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34913616      STONE MOUNTAIN              30087     GA       SFR        Investor        360     7/21/2004    9/1/2004   8/1/2034
4000166641    PONTIAC                     48342     MI       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34381699      NORTHFIELD                   8225     NJ       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
35125871      SAUK VILLAGE                60411     IL       SFR     Owner Occupied     180     8/10/2004   10/1/2004   9/1/2019
35027424      SAN JACINTO                 92583     CA       SFR     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
34237032      PHOENIX                     85041     AZ       PUD       Second Home      360      8/6/2004   10/1/2004   9/1/2034
4000165083    GRAND RAPIDS                49504     MI       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
4000166885    ORANGEVALE                  95662     CA       SFR     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
34705145      BANNING                     92220     CA      Condo    Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
34995365      BROOKLYN PARK               55445     MN       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34994046      STILLWATER                  55082     MN       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034

<CAPTION>
                                                                                      ORIGINAL
                                                                                      COMBAINED
              REMAINING     ORIGINAL   SCHEDULED                       PAID THRU       LOAN TO      OTS
  LOANID        TERM        BALANCE     BALANCE      RATE      P&I        DATE          VALUE   DELINQUENCY INDEX       MARGIN
------------------------------------------------------------------------------------------------------------------------------
<S>              <C>      <C>         <C>           <C>     <C>        <C>              <C>        <C>       <C>        <C>
34801522         359      415,800.00  415,800.00    7.125   2,468.81   10/1/2004           90      0-29      6ML            6
34958082         359      184,000.00  184,000.00    5.625      862.5   10/1/2004           80      0-29      6ML         3.75
34857490         359      161,500.00  161,374.01     7.25   1,101.72   10/1/2004           85      0-29      6ML         5.75
4000166981       358      110,000.00  110,000.00     8.25     756.25   10/1/2004        73.33      0-29      6ML          5.5
4000167520       358      207,000.00  206,676.08     7.25   1,412.10    9/1/2004           90      0-29      6ML        5.875
34655324         359       91,200.00   91,200.00    6.125      465.5   10/1/2004           80      0-29      6ML            4
4000175532       359      410,000.00  409,629.35      6.5   2,591.48   10/1/2004        79.61      0-29      6ML        5.125
4000175612       359      600,000.00  599,373.56     5.75   3,501.44   10/1/2004           80      0-29      FIX            0
4000176962       359       67,900.00   67,842.96    6.875     446.05   10/1/2004        79.98      0-29      6ML        3.375
34695239         359      220,000.00  220,000.00    7.125   1,306.25   10/1/2004           80      0-29      6ML         5.25
34949784         359      268,800.00  268,800.00    5.875   1,316.00   10/1/2004           80      0-29      6ML          3.5
4000156622       357      255,000.00  254,321.33    6.625   1,632.79    8/1/2004           75      0-29      6ML         4.75
35031780         359      316,800.00  316,800.00    5.625   1,485.00   10/1/2004           80      0-29      6ML            4
4000169387       359      438,000.00  438,000.00     7.75   2,828.75   10/1/2004          100      0-29      6ML        6.125
4000170365       359      188,000.00  188,000.00     6.25     979.17   10/1/2004           80      0-29      6ML        4.375
4000164737       359      246,400.00  246,261.86    8.875   1,960.47   10/1/2004           80      0-29      6ML          6.5
4000160114       358      404,000.00  404,000.00      5.5   1,851.67    9/1/2004           80      0-29      6ML        3.625
4000157302       359      200,000.00  200,000.00    5.625      937.5   10/1/2004           80      0-29      6ML         3.75
35033653         359      408,000.00  408,000.00     6.25   2,125.00   10/1/2004           80      0-29      6ML        4.125
34281253         359       94,400.00   94,335.03    7.875     684.47   10/1/2004           80      0-29      6ML            6
34916817         358      150,960.00  150,771.68    8.375   1,147.41   10/1/2004           85      0-29      FIX            0
34080531         359      245,250.00  245,048.57     6.99   1,630.01   10/1/2004           90      0-29      6ML        5.625
4000177046       359       96,500.00   96,412.76      6.5     609.95   10/1/2004          100      0-29      6ML        5.125
35123249         359      541,000.00  540,598.49      7.5   3,782.76   10/1/2004        86.98      0-29      6ML         5.75
35186485         359      518,000.00  518,000.00    7.375   3,183.54   10/1/2004           70      0-29      6ML        5.125
4000167219       359       57,800.00   57,758.17    7.625      409.1   10/1/2004           85      0-29      6ML        5.625
34712133         359      184,000.00  184,000.00    5.875     900.83   10/1/2004           80      0-29      6ML        3.625
4000174347       359      152,500.00  152,355.30     6.25     938.97   10/1/2004           69      0-29      6ML         4.25
35203371         358      148,000.00  148,000.00    6.625     817.08    9/1/2004           80      0-29      6ML        4.125
33938010         358      120,000.00  120,000.00      6.5        650    9/1/2004           80      0-29      6ML        3.875
4000163643       359      389,000.00  388,732.29    7.875   2,820.52   10/1/2004        84.84      0-29      FIX            0
34795583         359      246,500.00  246,242.64     5.75   1,438.51   10/1/2004           85      0-29      6ML         4.25
34988394         359       74,750.00   74,750.00        7     436.04   10/1/2004           65      0-29      6ML        4.375
34992164         359      133,600.00  133,600.00        6        668   10/1/2004           80      0-29      6ML         4.25
35080134         359      110,700.00  110,700.00     7.25     668.81   10/1/2004           90      0-29      6ML        4.875
35268267         359      276,300.00  276,300.00     7.75   1,784.44   10/1/2004        89.94      0-29      6ML            6
35030857         359      575,000.00  574,594.16     7.75   4,119.38   10/1/2004         77.7      0-29      6ML          5.5
4000169998       359      177,000.00  177,000.00    7.125   1,050.94   10/1/2004         88.5      0-29      6ML          5.5
35228279         359       81,000.00   81,000.00      6.5     438.75   10/1/2004        92.05      0-29      6ML        4.875
34741967         359      164,000.00  164,000.00    6.125     837.08   10/1/2004           80      0-29      6ML         4.25
35153493         359      162,450.00  162,450.00      6.5     879.94   10/1/2004           95      0-29      6ML          5.5
34081190         359      199,200.00  199,200.00    6.375   1,058.25   10/1/2004           80      0-29      6ML        4.625
4000169745       359      134,000.00  133,890.16        7     891.51   10/1/2004        74.44      0-29      6ML         4.75
4000176191       359      155,960.00  155,960.00    6.125     796.05   10/1/2004           80      0-29      6ML         4.25
4000171148       359      166,500.00  166,500.00    7.375   1,023.28   10/1/2004           90      0-29      6ML            6
35236371         359      109,000.00  109,000.00    6.625     601.77   10/1/2004           80      0-29      6ML        4.375
34239731         359      160,000.00  160,000.00    6.625     883.33   10/1/2004        94.96      0-29      6ML          5.5
4000173171       359       75,600.00   75,600.00        6        378   10/1/2004           80      0-29      6ML         3.75
35130061         359      162,000.00  161,888.51    7.875   1,174.62   10/1/2004           90      0-29      6ML        6.125
34658096         359       50,000.00   49,973.39    9.125     406.82   10/1/2004          100      0-29      6ML            7
33857301         359       74,000.00   74,000.00     6.75     416.25   10/1/2004           80      0-29      6ML         4.75
33758368         358      179,960.00  179,600.78        6   1,078.96    9/1/2004           80      0-29      6ML        4.375
35184720         358      188,000.00  187,642.31     6.25   1,157.55   10/1/2004           80      0-29      6ML          3.5
34718122         358      225,600.00  225,210.43     6.75   1,463.24    9/1/2004           80      0-29      6ML          4.5
34281527         358      112,350.00  112,141.33    6.375     700.92   10/1/2004        88.46      0-29      6ML        4.375
35103662         359       74,250.00   74,211.50     9.25     610.84   10/1/2004           75      0-29      FIX            0
4000159695       359      171,000.00  171,000.00    8.125   1,157.81   10/1/2004           90      0-29      FIX            0
34965319         359      136,000.00  135,888.30     6.99      903.9   10/1/2004        93.15      0-29      FIX            0
35070259         359       99,000.00   98,940.02      8.5     761.23   10/1/2004           90      0-29      6ML          6.5
34974444         359       80,750.00   80,693.00     7.75     578.51   10/1/2004           85      0-29      6ML        5.625
4000161997       358       95,000.00   95,000.00    6.625     524.48   10/1/2004        29.23      0-29      6ML        3.375
4000162135       359       92,000.00   91,904.59        7     612.08   10/1/2004           80      0-29      FIX            0
34658864         359      143,900.00  143,798.43     7.75   1,030.92   10/1/2004        79.99      0-29      6ML        5.875
34526871         359      123,300.00  123,203.81     7.25     841.13   10/1/2004           90      0-29      6ML          5.5
34979310         359      152,000.00  152,000.00      6.5     823.33   10/1/2004           80      0-29      6ML          4.5
35183235         358      436,000.00  436,000.00    6.125   2,225.42    9/1/2004           80      0-29      6ML         3.75
35198928         359      650,000.00  650,000.00     6.25   3,385.42   10/1/2004        77.38      0-29      6ML        4.375
4000160830       359      269,600.00  269,600.00     6.25   1,404.17   10/1/2004           80      0-29      6ML        4.125
34963462         359      460,000.00  459,603.94     6.75   2,983.56   10/1/2004        77.05      0-29      FIX            0
34246736         359      110,100.00  110,022.29     7.75     788.77   10/1/2004        79.99      0-29      FIX            0
34659961         359      132,000.00  131,924.05     8.75   1,038.45   10/1/2004           80      0-29      6ML        6.125
35014661         359      160,850.00  160,850.00    6.125     821.01   10/1/2004           80      0-29      6ML         4.25
4000168030       359      167,950.00  167,950.00    5.999     839.61   10/1/2004           80      0-29      6ML        4.125
34379693         358       80,000.00   79,874.79     7.25     545.75    9/1/2004        72.73      0-29      FIX            0
4000174886       359      328,000.00  328,000.00    5.375   1,469.17   10/1/2004           80      0-29      6ML        3.875
34646828         359      128,800.00  128,800.00        6        644   10/1/2004           80      0-29      6ML        3.875
35127398         359       66,000.00   65,926.25     7.75     472.84   10/1/2004           75      0-29      FIX            0
35195726         359      592,000.00  592,000.00    6.125   3,021.67   10/1/2004           80      0-29      6ML            4
34867283         359      181,500.00  181,371.90     7.75   1,300.29   10/1/2004        89.99      0-29      6ML        5.625
34995258         359       95,600.00   95,600.00     6.75     537.75   10/1/2004           80      0-29      6ML         4.25
34658898         359      152,000.00  152,000.00    6.625     839.17   10/1/2004           80      0-29      6ML          4.5
34376699         359      138,550.00  138,468.20    8.625   1,077.63   10/1/2004           85      0-29      6ML          6.5
34721910         359      402,850.00  402,850.00    5.375   1,804.43   10/1/2004        79.99      0-29      6ML        3.375
34681072         359      300,000.00  300,000.00    6.375   1,593.75   10/1/2004           80      0-29      6ML          4.5
4000171219       359      143,000.00  142,891.18    7.375     987.67   10/1/2004        63.56      0-29      6ML         3.25
35108448         359      104,000.00  103,914.58     6.99     691.22   10/1/2004           80      0-29      FIX            0
34749796         358       51,000.00   50,945.46    9.125     414.96   10/1/2004           85      0-29      6ML            7
34755421         358      156,000.00  155,737.13    6.875   1,024.81    9/1/2004           80      0-29      6ML        5.375
35080464         359      318,000.00  318,000.00     7.25   1,921.25   10/1/2004          100      0-29      6ML        5.875
35223031         179       59,300.00   59,153.60     9.75     628.21   10/1/2004        79.07      0-29      FIX            0
35206432         359      113,500.00  113,500.00    7.625      721.2   10/1/2004        79.93      0-29      6ML        5.125
4000174513       359      257,600.00  257,600.00    6.625   1,422.17   10/1/2004           80      0-29      6ML          4.5
34527762         359      115,200.00  115,200.00        6        576   10/1/2004           80      0-29      6ML         3.75
34939207         359      107,900.00  107,900.00      6.5     584.46   10/1/2004        79.99      0-29      6ML         3.75
34913616         358      221,500.00  221,500.00    7.625   1,407.45    9/1/2004        86.86      0-29      6ML         5.25
4000166641       359       74,800.00   74,755.84    8.625     581.79   10/1/2004           85      0-29      6ML          7.5
34381699         359      181,050.00  180,922.21     7.75   1,297.07   10/1/2004           85      0-29      6ML        6.125
35125871         179       85,000.00   84,719.97      6.5     740.45   10/1/2004        66.67      0-29      FIX            0
35027424         359      108,500.00  108,417.43    7.375     749.39   10/1/2004           70      0-29      6ML        5.125
34237032         359      148,450.00  148,450.00     7.25     896.89   10/1/2004           90      0-29      6ML        5.375
4000165083       359       90,100.00   90,055.68      9.5     757.61   10/1/2004           85      0-29      6ML        7.375
4000166885       358      261,250.00  261,250.00    7.125   1,551.17    9/1/2004           95      0-29      6ML          5.5
34705145         358       44,650.00   44,556.64     8.25     335.45   10/1/2004           95      0-29      FIX            0
34995365         359      152,950.00  152,950.00    7.125     908.14   10/1/2004           95      0-29      6ML        5.875
34994046         359      151,300.00  151,166.50    6.625      968.8   10/1/2004           85      0-29      6ML        5.625

<CAPTION>
             INITIAL  PERIODIC                           PREPAYMENT
  LOANID       CAP      CAP       FLOOR    CEILING          TERM                                PREPAYMENT PENALTY
--------------------------------------------------------------------------------------------------------------------------
<S>             <C>      <C>      <C>       <C>              <C>                        <C>
34801522        3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
34958082        3        1        5.625     11.625           24                              6 mo.s interest less 20% obal
34857490        3        1         7.25      13.25           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000166981      3        1         8.25      14.25           24                              6 mo.s interest less 20% obal
4000167520      3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
34655324        3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
4000175532      3        1          6.5       12.5            0                                                       None
4000175612      0        0            0          0            0                                                       None
4000176962      3        1        6.875     12.875            0                                                       None
34695239        3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
34949784        3        1        5.875     11.875           36                              6 mo.s interest less 20% obal
4000156622      3        1        6.625     12.625            0                                                       None
35031780        3        1        5.625     11.625           24                              6 mo.s interest less 20% obal
4000169387      3        1         7.75      13.75           24                              6 mo.s interest less 20% obal
4000170365      3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
4000164737      3        1        8.875     14.875            0                                                       None
4000160114      3        1          5.5       11.5           24                              6 mo.s interest less 20% obal
4000157302      3        1        5.625     11.625           36                              6 mo.s interest less 20% obal
35033653        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
34281253        3        1        7.875     13.875            0                                                       None
34916817        0        0            0          0           36                              6 mo.s interest less 20% obal
34080531        3        1         6.99      12.99           24                              6 mo.s interest less 20% obal
4000177046      3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
35123249        3        1          7.5       13.5            0                                                       None
35186485        3        1        7.375     13.375           36                              6 mo.s interest less 20% obal
4000167219      3        1        7.625     13.625           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34712133        3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
4000174347      3        1         6.25      12.25           36                              6 mo.s interest less 20% obal
35203371        3        1        6.625     12.625           36                              6 mo.s interest less 20% obal
33938010        3        1          6.5       12.5           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000163643      0        0            0          0           36                              6 mo.s interest less 20% obal
34795583        3        1         5.75      11.75           36                              6 mo.s interest less 20% obal
34988394        3        1            7         13           36                         min (2% prepaid, 60 days interest)
34992164        3        1            6         12           36                         min (2% prepaid, 60 days interest)
35080134        3        1         7.25      13.25            0                                                       None
35268267        3        1         7.75      13.75           24                              6 mo.s interest less 20% obal
35030857        2        1         7.75      13.75           12                              6 mo.s interest less 20% obal
4000169998      3        1        7.125     13.125           36                              6 mo.s interest less 20% obal
35228279        1        1          6.5       12.5           24                              6 mo.s interest less 20% obal
34741967        3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
35153493        1        1          6.5       12.5            0                                                       None
34081190        3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
4000169745      3        1            7         13           24                              6 mo.s interest less 20% obal
4000176191      3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
4000171148      3        1        7.375     13.375           24                              6 mo.s interest less 20% obal
35236371        3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
34239731        1        1        6.625     12.625           24                              6 mo.s interest less 20% obal
4000173171      3        1            6         12           36                              6 mo.s interest less 20% obal
35130061        3        1        7.875     13.875           12                              3%/2%/1%-1st yr/2nd yr/3rd yr
34658096        3        1        9.125     15.125           24                              6 mo.s interest less 20% obal
33857301        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
33758368        3        1            6         12           24                              6 mo.s interest less 20% obal
35184720        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
34718122        3        1         6.75      12.75           36                              6 mo.s interest less 20% obal
34281527        3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
35103662        0        0            0          0            0                                                       None
4000159695      0        0            0          0           36                              6 mo.s interest less 20% obal
34965319        0        0            0          0           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35070259        3        1          8.5       14.5            0                                                       None
34974444        3        1         7.75      13.75           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000161997      3        1        6.625     12.625            0                                                       None
4000162135      0        0            0          0           36                                                 1% prepaid
34658864        3        1         7.75      13.75           24                                                 2% prepaid
34526871        3        1         7.25      13.25           24                                                 2% prepaid
34979310        3        1          6.5       12.5           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35183235        3        1        6.125     12.125           36                              6 mo.s interest less 20% obal
35198928        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
4000160830      3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
34963462        0        0            0          0           36                              6 mo.s interest less 20% obal
34246736        0        0            0          0           36                              6 mo.s interest less 20% obal
34659961        3        1         8.75      14.75           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35014661        3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
4000168030      3        1        5.999     11.999           24                              6 mo.s interest less 20% obal
34379693        0        0            0          0            0                                                       None
4000174886      1        1        5.375     11.375           24                              6 mo.s interest less 20% obal
34646828        3        1            6         12           24                              6 mo.s interest less 20% obal
35127398        0        0            0          0            0                                                       None
35195726        3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
34867283        3        1         7.75      13.75            0                                                       None
34995258        3        1         6.75      12.75           24                         min (2% prepaid, 60 days interest)
34658898        3        1        6.625     12.625           36                         min (2% prepaid, 60 days interest)
34376699        3        1        8.625     14.625           24                              6 mo.s interest less 20% obal
34721910        3        1        5.375     11.375           24                              6 mo.s interest less 20% obal
34681072        3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
4000171219      3        1        7.375     13.375           12                              6 mo.s interest less 20% obal
35108448        0        0            0          0            0                                                       None
34749796        3        1        9.125     15.125           24                              6 mo.s interest less 20% obal
34755421        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
35080464        3        1         7.25      13.25            0                                                       None
35223031        0        0            0          0           36                              6 mo.s interest less 20% obal
35206432        3        1        7.625     13.625           36                              6 mo.s interest less 20% obal
4000174513      3        1        6.625     12.625           36                              6 mo.s interest less 20% obal
34527762        3        1            6         12           24                              6 mo.s interest less 20% obal
34939207        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
34913616        3        1        7.625     13.625            0                                                       None
4000166641      3        1        8.625     14.625           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34381699        3        1         7.75      13.75            0                                                       None
35125871        0        0            0          0            0                                                       None
35027424        3        1        7.375     13.375           24                              6 mo.s interest less 20% obal
34237032        3        1         7.25      13.25           36                              6 mo.s interest less 20% obal
4000165083      3        1          9.5       15.5           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000166885      3        1        7.125     13.125           36                              6 mo.s interest less 20% obal
34705145        0        0            0          0           36                              6 mo.s interest less 20% obal
34995365        3        1        7.125     13.125           36                         min (2% prepaid, 60 days interest)
34994046        3        1        6.625     12.625           36                         min (2% prepaid, 60 days interest)

<CAPTION>
                                              PAYMENT
              FIRST RATE      RATE RESET       RESET                                  MI
  LOANID      RESET DATE       FREQUENCY     FREQUENCY  PURPOSE   DIV  IO    IOTERM  FLAG
-----------------------------------------------------------------------------------------
<S>           <C>                  <C>            <C>  <C>         <C>  <C>    <C>    <C>
34801522        9/1/2006           6              6    Purchase    N    Y      60     N
34958082        9/1/2006           6              6    Purchase    N    Y      60     N
34857490        9/1/2006           6              6    R/T Refi    N    N       0     Y
4000166981      8/1/2006           6              6    C/O Refi    N    Y      60     N
4000167520      8/1/2006           6              6    R/T Refi    N    N       0     N
34655324        9/1/2006           6              6    Purchase    N    Y      60     N
4000175532      9/1/2007           6              6    C/O Refi    N    N       0     N
4000175612    00/00/0000           0              0    Purchase    N    N       0     N
4000176962      9/1/2007           6              6    Purchase    N    N       0     N
34695239        9/1/2006           6              6    Purchase    N    Y      60     N
34949784        9/1/2009           6              6    Purchase    N    Y      60     N
4000156622      7/1/2007           6              6    C/O Refi    N    N       0     N
35031780        9/1/2006           6              6    Purchase    N    Y      60     N
4000169387      9/1/2006           6              6    Purchase    N    Y      60     N
4000170365      9/1/2006           6              6    Purchase    N    Y      60     N
4000164737      9/1/2006           6              6    C/O Refi    N    N       0     N
4000160114      8/1/2006           6              6    Purchase    N    Y      60     N
4000157302      9/1/2007           6              6    Purchase    N    Y      60     N
35033653        9/1/2006           6              6    C/O Refi    N    Y      60     N
34281253        9/1/2006           6              6    C/O Refi    N    N       0     N
34916817      00/00/0000           0              0    C/O Refi    N    N       0     Y
34080531        9/1/2006           6              6    Purchase    N    N       0     N
4000177046      9/1/2006           6              6    Purchase    N    N       0     Y
35123249        9/1/2006           6              6    C/O Refi    N    N       0     Y
35186485        9/1/2007           6              6    C/O Refi    N    Y      60     N
4000167219      9/1/2006           6              6    C/O Refi    N    N       0     Y
34712133        9/1/2006           6              6    Purchase    N    Y      60     N
4000174347      9/1/2007           6              6    R/T Refi    N    N       0     N
35203371        8/1/2009           6              6    Purchase    N    Y      60     N
33938010        8/1/2006           6              6    C/O Refi    N    Y      60     N
4000163643    00/00/0000           0              0    R/T Refi    N    N       0     Y
34795583        9/1/2007           6              6    C/O Refi    N    N       0     Y
34988394        9/1/2007           6              6    C/O Refi    N    Y      60     N
34992164        9/1/2006           6              6    Purchase    N    Y      60     N
35080134        9/1/2007           6              6    Purchase    N    Y      60     Y
35268267        9/1/2006           6              6    C/O Refi    N    Y      60     N
35030857        9/1/2005           6              6    C/O Refi    N    N       0     N
4000169998      9/1/2007           6              6    C/O Refi    N    Y      60     Y
35228279        3/1/2005           6              6    C/O Refi    N    Y      60     Y
34741967        9/1/2006           6              6    Purchase    N    Y      60     N
35153493        3/1/2005           6              6    Purchase    N    Y      60     Y
34081190        9/1/2006           6              6    Purchase    N    Y      60     N
4000169745      9/1/2006           6              6    R/T Refi    N    N       0     N
4000176191      9/1/2006           6              6    Purchase    N    Y      60     N
4000171148      9/1/2006           6              6    Purchase    N    Y      60     Y
35236371        9/1/2006           6              6    Purchase    N    Y      60     N
34239731        3/1/2005           6              6    Purchase    N    Y      60     Y
4000173171      9/1/2007           6              6    Purchase    N    Y      60     N
35130061        9/1/2006           6              6    C/O Refi    N    N       0     N
34658096        9/1/2006           6              6    Purchase    N    N       0     N
33857301        9/1/2006           6              6    Purchase    N    Y      60     N
33758368        8/1/2006           6              6    Purchase    N    N       0     N
35184720        8/1/2006           6              6    Purchase    N    N       0     N
34718122        8/1/2009           6              6    C/O Refi    N    N       0     N
34281527        8/1/2006           6              6    R/T Refi    N    N       0     N
35103662      00/00/0000           0              0    C/O Refi    N    N       0     N
4000159695    00/00/0000           0              0    Purchase    N    Y      60     N
34965319      00/00/0000           0              0    Purchase    N    N       0     Y
35070259        9/1/2006           6              6    C/O Refi    N    N       0     Y
34974444        9/1/2006           6              6    R/T Refi    N    N       0     Y
4000161997      8/1/2006           6              6    C/O Refi    N    Y      60     N
4000162135    00/00/0000           0              0    R/T Refi    N    N       0     N
34658864        9/1/2006           6              6    Purchase    N    N       0     N
34526871        9/1/2006           6              6    C/O Refi    N    N       0     N
34979310        9/1/2006           6              6    C/O Refi    N    Y      60     N
35183235        8/1/2009           6              6    Purchase    N    Y      60     N
35198928        9/1/2006           6              6    Purchase    N    Y      60     N
4000160830      9/1/2006           6              6    Purchase    N    Y      60     N
34963462      00/00/0000           0              0    R/T Refi    N    N       0     N
34246736      00/00/0000           0              0    Purchase    N    N       0     N
34659961        9/1/2006           6              6    C/O Refi    N    N       0     N
35014661        9/1/2006           6              6    Purchase    N    Y      60     N
4000168030      9/1/2006           6              6    Purchase    N    Y      60     N
34379693      00/00/0000           0              0    C/O Refi    N    N       0     N
4000174886      3/1/2005           6              6    Purchase    N    Y      60     N
34646828        9/1/2006           6              6    Purchase    N    Y      60     N
35127398      00/00/0000           0              0    C/O Refi    N    N       0     N
35195726        9/1/2006           6              6    Purchase    N    Y      60     N
34867283        9/1/2007           6              6    Purchase    N    N       0     Y
34995258        9/1/2006           6              6    Purchase    N    Y      60     N
34658898        9/1/2007           6              6    R/T Refi    N    Y      60     N
34376699        9/1/2006           6              6    C/O Refi    N    N       0     Y
34721910        9/1/2006           6              6    Purchase    N    Y      60     N
34681072        9/1/2006           6              6    Purchase    N    Y      60     N
4000171219      9/1/2006           6              6    C/O Refi    N    N       0     N
35108448      00/00/0000           0              0    C/O Refi    N    N       0     N
34749796        8/1/2006           6              6    C/O Refi    N    N       0     Y
34755421        8/1/2006           6              6    Purchase    N    N       0     N
35080464        9/1/2007           6              6    Purchase    N    Y      60     N
35223031      00/00/0000           0              0    C/O Refi    N    N       0     N
35206432        9/1/2006           6              6    C/O Refi    N    Y      60     N
4000174513      9/1/2007           6              6    Purchase    N    Y      60     N
34527762        9/1/2006           6              6    Purchase    N    Y      60     N
34939207        9/1/2009           6              6    Purchase    N    Y      60     N
34913616        8/1/2007           6              6    R/T Refi    N    Y      60     Y
4000166641      9/1/2006           6              6    R/T Refi    N    N       0     Y
34381699        9/1/2007           6              6    Purchase    N    N       0     Y
35125871      00/00/0000           0              0    C/O Refi    N    N       0     N
35027424        9/1/2006           6              6    Purchase    N    N       0     N
34237032        9/1/2007           6              6    Purchase    N    Y      60     N
4000165083      9/1/2007           6              6    C/O Refi    N    N       0     N
4000166885      8/1/2007           6              6    C/O Refi    N    Y      60     Y
34705145      00/00/0000           0              0    Purchase    N    N       0     Y
34995365        9/1/2006           6              6    C/O Refi    N    Y      60     Y
34994046        9/1/2006           6              6    C/O Refi    N    N       0     Y
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
                                                          PROPERTY                    ORIGINAL ORIGINATION  FIRST PAY   MATURITY
  LOANID              CITY                 ZIP    STATE     TYPE       OCCUPANCY        TERM      DATE        DATE        DATE
--------------------------------------------------------------------------------------------------------------------------------
<S>           <C>                         <C>       <C>   <C>        <C>                <C>     <C>         <C>         <C>
4000170852    CHELSEA                      2150     MA    Units 2-4  Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
35160746      THOMSON                     30824     GA       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
33776162      VAN BUREN                   13209     NY       SFR     Owner Occupied     180     8/19/2004   10/1/2004   9/1/2019
35151034      COCOA                       32926     FL       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
4000164711    ELK GROVE                   95758     CA       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
35028836      LOS ANGELES                 90039     CA       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
4000177154    EASTPOINTE                  48021     MI       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34529529      TOPEKA                      66616     KS       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
35246859      FRESNO                      77545     TX       PUD     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34077875      LAS VEGAS                   89103     NV       PUD     Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
35077734      CHARLESTON                  29492     SC       PUD     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
4000175168    COLUMBUS                    43220     OH       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
35202639      SAN MARCOS                  92069     CA       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
4000164516    PANORAMA CITY AREA          91402     CA      Condo    Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
34379206      MEDFORD                      8055     NJ      Condo    Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34917807      GRANTVILLE                  30220     GA       SFR     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
34855205      GARY                        46407     IN       SFR     Owner Occupied     360     7/28/2004   10/1/2004   9/1/2034
35026558      WHITTIER                    90605     CA       SFR     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
34663195      CARSON                      90745     CA       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
4000153456    FAIR OAKS                   95628     CA       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
34910950      GRIFFIN                     30223     GA       SFR     Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
34752261      GLEN BURNIE                 21060     MD       SFR     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
34790394      NORTH HOLLYWOOD             91605     CA       SFR     Owner Occupied     360     7/26/2004    9/1/2004   8/1/2034
34637942      WINTER HAVEN                33881     FL       SFR     Owner Occupied     360     6/26/2004    8/1/2004   7/1/2034
4000172959    LOS BANOS                   93635     CA       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
4000164513    YPSILANTI                   48197     MI       SFR     Owner Occupied     360      8/3/2004    9/1/2004   8/1/2034
35003532      DENVER                      80231     CO      Condo    Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
34831230      EAST TAUNTON                 2718     MA       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
34860601      CHICAGO                     60629     IL       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
4000169228    NORTH MIAMI BEACH           33160     FL    Condo >4   Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34859496      PORTAGE                     46368     IN    Units 2-4  Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
35208628      MURRIETA                    92562     CA       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
32716433      TACOMA                      98446     WA       SFR     Owner Occupied     360      7/7/2004    9/1/2004   8/1/2034
4000157398    BREMERTON                   98311     WA       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
35269497      MURRIETA                    92562     CA       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
35069517      GRAHAM                      27253     NC       SFR     Owner Occupied     360      8/6/2004    9/1/2004   8/1/2034
35144609      COLUMBIA                    38401     TN       SFR     Owner Occupied     360      8/5/2004    9/1/2004   8/1/2034
34754747      STAUNTON                    24401     VA       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
4000174437    WESTMINISTER                92648     CA       PUD     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
34914143      MEMPHIS                     38135     TN       SFR     Owner Occupied     360      8/5/2004    9/1/2004   8/1/2034
34953299      SAN JOSE                    95124     CA      Condo       Investor        360     8/16/2004   10/1/2004   9/1/2034
34074146      LAS VEGAS                   89148     NV       PUD     Owner Occupied     360      7/7/2004    9/1/2004   8/1/2034
35149756      CONYERS                     30094     GA       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
4000170639    ELK GROVE                   95758     CA       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
35074939      ROCKY MOUNT                 27803     NC       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
4000104298    YUCAIPA                     92399     CA       SFR     Owner Occupied     360      8/7/2004   10/1/2004   9/1/2034
34561407      AUSTIN                      78727     TX       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
34849976      CHICAGO                     60629     IL       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34938795      BEAVERTON                   97006     OR      Condo    Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
33327933      WINCHESTER                  92596     CA       PUD     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
34935817      SALEM                       97301     OR       SFR     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
35226364      WESLEY CHAPEL               33544     FL       PUD     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
35208743      SANTEE                      92071     CA       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
4000166601    DELRAY BEACH                33445     FL      Condo    Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
35343524      LANHAM                      20706     MD       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34239293      FLAGSTAFF                   86001     AZ       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35070390      PINEVILLE                   28134     NC       PUD     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
35303007      LAS VEGAS                   89122     NV       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
34719401      FONTANA                     92336     CA       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
4000166124    BELLEVILLE                  48111     MI      Condo    Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
34991851      SPRING LAKE PARK            55432     MN       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
35192368      CITRUS HEIGHTS AREA         95621     CA       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
4000163981    PORT HURON                  48060     MI       SFR     Owner Occupied     360      8/2/2004    9/1/2004   8/1/2034
4000171288    SAULT SAINTE MARIE          49783     MI       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
33962192      JOHNSTOWN                   80534     CO       PUD     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34852988      ROCKFORD                    61104     IL       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
34999961      MINNETONKA                  55345     MN       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
4000168374    STOCKTON                    95209     CA       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
34866806      ROCHESTER                   14621     NY    Units 2-4     Investor        360      8/3/2004   10/1/2004   9/1/2034
34866814      ROCHESTER                   14621     NY    Units 2-4     Investor        360      8/3/2004   10/1/2004   9/1/2034
34866525      ROCHESTER                   14621     NY    Units 2-4     Investor        360      8/3/2004   10/1/2004   9/1/2034
4000159529    MOUNT MORRIS                48458     MI       SFR     Owner Occupied     360     7/23/2004    9/1/2004   8/1/2034
4000163795    SOUTH RICHMOND HILL         11419     NY       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
35127257      HOMETOWN                    60456     IL    Units 2-4  Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35153964      GUYTON                      31312     GA       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
34737726      WANSHIP                     84017     UT       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
4000165900    AKRON                       44305     OH    Units 2-4     Investor        360      8/3/2004   10/1/2004   9/1/2034
34832790      ANDOVER                      1810     MA       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
34017558      DENHAM SPRINGS              70726     LA       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
34931949      BEND                        97702     OR       PUD     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
34519322      COLUMBUS                    43228     OH       SFR     Owner Occupied     360     6/23/2004    8/1/2004   7/1/2034
34864348      NIAGARA FALLS               14305     NY       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34700575      MIAMI                       33172     FL      Condo    Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34859819      STEGER                      60475     IL       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34707059      LAGUNA NIGUEL               92677     CA       PUD     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
35022979      UPLAND                      91784     CA       SFR     Owner Occupied     360     7/27/2004    9/1/2004   8/1/2034
35075217      BURLINGTON                  27217     NC       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
4000172391    OXNARD                      93036     CA       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
35083351      CINCINNATI                  45239     OH       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
34721142      CHINO                       91710     CA      Condo    Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
34949339      CARSON                      90745     CA       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
35364470      WEST VALLEY CITY            84120     UT       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
34965251      LOGANSPORT                  46947     IN       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
35234251      KISSIMMEE                   34759     FL       PUD     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34273698      KATY                        77494     TX       PUD     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
35264258      SAN BERNARDINO              92404     CA       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
4000161175    SACRAMENTO                  95829     CA       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
35233725      KISSIMMEE                   34743     FL       PUD       Second Home      360     8/26/2004   10/1/2004   9/1/2034
35247048      HOUSTON                     77095     TX       PUD     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34975532      INDEPENDENCE                41051     KY       SFR        Investor        360      8/5/2004   10/1/2004   9/1/2034
34966440      FLORENCE                    41042     KY       SFR        Investor        360     8/27/2004   10/1/2004   9/1/2034
4000177252    LODI                        95240     CA       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
34718304      AZUSA                       91702     CA       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
35029438      RIALTO                      92376     CA       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
4000179754    SUGAR LAND                  77478     TX       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034

<CAPTION>
                                                                                      ORIGINAL
                                                                                      COMBAINED
              REMAINING     ORIGINAL   SCHEDULED                       PAID THRU       LOAN TO      OTS
  LOANID        TERM        BALANCE     BALANCE      RATE      P&I        DATE          VALUE   DELINQUENCY INDEX       MARGIN
------------------------------------------------------------------------------------------------------------------------------
<S>              <C>      <C>         <C>           <C>     <C>        <C>              <C>        <C>       <C>        <C>
4000170852       359      336,000.00  336,000.00      5.5   1,540.00   10/1/2004           80      0-29      6ML            4
35160746         359       99,000.00   98,945.92        9     796.58   10/1/2004          100      0-29      FIX            0
33776162         179       37,905.00   37,796.66    8.125     364.99   10/1/2004           95      0-29      FIX            0
35151034         359      121,500.00  121,428.26    8.625     945.02   10/1/2004        89.34      0-29      6ML        6.625
4000164711       359      180,000.00  180,000.00     6.75   1,012.50   10/1/2004        57.14      0-29      6ML        4.625
35028836         359      391,200.00  391,200.00     6.25   2,037.50   10/1/2004           80      0-29      6ML            4
4000177154       359      111,600.00  111,534.12    8.625     868.01   10/1/2004           90      0-29      6ML        6.875
34529529         359       53,500.00   53,500.00    7.875     351.09   10/1/2004          100      0-29      6ML          5.5
35246859         359       88,000.00   87,939.43    7.875     638.07   10/1/2004           80      0-29      6ML          4.5
34077875         358      106,000.00  105,821.37    6.875     696.35   10/1/2004        70.67      0-29      6ML          4.5
35077734         359      139,450.00  139,338.47    7.125     939.51   10/1/2004        99.98      0-29      6ML          5.5
4000175168       359      200,000.00  199,865.78    7.999   1,467.39   10/1/2004          100      0-29      FIX            0
35202639         359      264,000.00  264,000.00    7.375   1,622.50   10/1/2004        58.67      0-29      6ML        4.875
4000164516       359      205,600.00  205,600.00    5.625     963.75   10/1/2004           80      0-29      6ML         3.75
34379206         359      126,000.00  126,000.00    8.375     879.38   10/1/2004           90      0-29      6ML        6.375
34917807         358      147,250.00  147,250.00    7.625     935.65    9/1/2004           95      0-29      6ML         5.75
34855205         359       39,600.00   39,577.21     8.75     311.54   10/1/2004           90      0-29      6ML         6.75
35026558         359      289,750.00  289,750.00     6.75   1,629.84   10/1/2004           95      0-29      6ML         4.75
34663195         359      323,000.00  323,000.00     7.25   1,951.46   10/1/2004           85      0-29      6ML        5.625
4000153456       359      356,000.00  356,000.00    6.375   1,891.25   10/1/2004           80      0-29      6ML          4.5
34910950         358      156,000.00  155,773.46    7.625   1,104.16   10/1/2004        74.29      0-29      6ML          4.5
34752261         358      156,400.00  156,214.65    8.625   1,216.47    9/1/2004           85      0-29      FIX            0
34790394         358      351,950.00  351,246.16     5.99   2,107.86   10/1/2004           80      0-29      6ML        4.375
34637942         357       59,900.00   59,775.50    7.875     434.32    9/1/2004        68.85      0-29      6ML        5.625
4000172959       359      320,000.00  320,000.00     8.25   2,200.00   10/1/2004          100      0-29      6ML         5.75
4000164513       358      128,550.00  128,550.00    6.999     749.77    9/1/2004        79.99      0-29      6ML        4.875
35003532         358      137,700.00  137,700.00    7.375     846.28    9/1/2004           85      0-29      6ML         5.25
34831230         359      127,900.00  127,782.76    6.875     840.22   10/1/2004        79.99      0-29      6ML        4.875
34860601         359       84,000.00   83,870.90    6.375     524.06   10/1/2004         67.2      0-29      FIX            0
4000169228       359      159,300.00  159,300.00      7.5     995.62   10/1/2004           90      0-29      6ML        5.125
34859496         359       45,000.00   44,964.01    7.125     303.18   10/1/2004        41.28      0-29      FIX            0
35208628         359      222,000.00  222,000.00    6.625   1,225.63   10/1/2004        59.04      0-29      6ML         4.25
32716433         358      164,000.00  163,999.89    7.875   1,076.25    9/1/2004           80      0-29      6ML          5.5
4000157398       359      137,600.00  137,600.00        7     802.67   10/1/2004           80      0-29      6ML         4.75
35269497         359      280,000.00  280,000.00        5   1,166.67   10/1/2004           80      0-29      6ML         3.75
35069517         358       98,400.00   98,361.25    5.625     461.25    9/1/2004           80      0-29      6ML        3.875
35144609         358       60,720.00   60,624.97     7.25     414.22   10/1/2004           80      0-29      6ML        5.375
34754747         359      127,500.00  127,403.12      8.5     980.37   10/1/2004           85      0-29      6ML        6.375
4000174437       359      248,000.00  248,000.00    6.999   1,446.46   10/1/2004           80      0-29      6ML          4.5
34914143         358       87,200.00   87,200.00      5.5     399.67    9/1/2004           80      0-29      6ML        4.125
34953299         359      258,400.00  258,400.00    7.625   1,641.92   10/1/2004        84.72      0-29      6ML        5.125
34074146         358      236,850.00  236,850.00    6.875   1,356.95    9/1/2004        94.84      0-29      6ML          5.5
35149756         359      103,920.00  103,830.52     6.75     674.03   10/1/2004           80      0-29      6ML            5
4000170639       359      206,500.00  206,500.00    6.999   1,204.41   10/1/2004           70      0-29      6ML        4.875
35074939         359      122,900.00  122,808.13      7.5     859.34   10/1/2004          100      0-29      6ML        5.875
4000104298       359      544,000.00  543,458.34    5.999   3,261.21   10/1/2004           80      0-29      FIX            0
34561407         359      102,400.00  102,307.43      6.5     647.24   10/1/2004           80      0-29      FIX            0
34849976         359      132,000.00  131,880.67      6.5     834.33   10/1/2004           80      0-29      6ML        4.375
34938795         359      108,000.00  107,899.97    6.375     673.78   10/1/2004           80      0-29      6ML        4.375
33327933         359      261,200.00  261,200.00     5.75   1,251.58   10/1/2004           80      0-29      6ML        3.875
34935817         358      119,900.00  119,677.29    6.375     748.03   10/1/2004        79.99      0-29      6ML            4
35226364         359      141,000.00  141,000.00      7.5     881.25   10/1/2004          100      0-29      6ML        5.625
35208743         359      369,750.00  369,750.00    6.625   2,041.33   10/1/2004           85      0-29      6ML        4.625
4000166601       359      112,000.00  112,000.00      7.5        700   10/1/2004           80      0-29      6ML        4.625
35343524         359      270,000.00  269,827.82     8.25   2,028.43   10/1/2004          100      0-29      6ML        5.875
34239293         359      290,000.00  290,000.00    7.875   1,903.13   10/1/2004        77.96      0-29      6ML         5.75
35070390         359      222,050.00  222,050.00        7   1,295.29   10/1/2004           95      0-29      6ML        5.625
35303007         359      120,000.00  120,000.00     7.25        725   10/1/2004           80      0-29      6ML        4.375
34719401         359      299,250.00  299,068.71      8.5   2,300.98   10/1/2004           95      0-29      6ML            5
4000166124       359      188,100.00  188,100.00     9.25   1,449.94   10/1/2004           90      0-29      6ML         7.25
34991851         359      185,400.00  185,400.00     6.75   1,042.88   10/1/2004           90      0-29      6ML        5.625
35192368         359      198,500.00  198,359.90     7.75   1,422.08   10/1/2004        74.91      0-29      6ML        5.375
4000163981       358       78,750.00   78,641.26    7.875     570.99    9/1/2004           90      0-29      6ML        6.625
4000171288       359       58,000.00   57,969.13    9.125     471.91   10/1/2004          100      0-29      6ML        7.125
33962192         359      236,800.00  236,800.00     6.25   1,233.33   10/1/2004           80      0-29      6ML        4.625
34852988         359       48,000.00   47,969.39     8.25     360.61   10/1/2004           80      0-29      FIX            0
34999961         359      212,800.00  212,800.00    6.375   1,130.50   10/1/2004           80      0-29      6ML        4.375
4000168374       359      345,000.00  344,656.55        6   2,068.45   10/1/2004        75.11      0-29      6ML        4.125
34866806         359       43,200.00   43,167.93      7.5     302.07   10/1/2004           90      0-29      6ML         5.25
34866814         359       43,200.00   43,167.93      7.5     302.07   10/1/2004         86.4      0-29      6ML         5.25
34866525         359       43,200.00   43,167.93      7.5     302.07   10/1/2004         86.4      0-29      6ML         5.25
4000159529       358       68,000.00   67,912.84     8.25     510.86    9/1/2004           80      0-29      6ML          6.5
4000163795       359      230,000.00  229,759.86     5.75   1,342.22   10/1/2004        60.53      0-29      6ML         3.75
35127257         359       95,000.00   94,744.27    6.875     624.09   10/1/2004           76      0-29      6ML         4.75
35153964         359       84,000.00   84,000.00      6.5        455   10/1/2004           80      0-29      6ML          4.5
34737726         359       86,250.00   86,187.57    7.625     610.48   10/1/2004           75      0-29      6ML          5.5
4000165900       359       52,000.00   51,966.84     8.25     390.66   10/1/2004           80      0-29      6ML        6.125
34832790         359      504,000.00  503,555.33    6.625   3,227.17   10/1/2004           80      0-29      6ML         4.75
34017558         359       69,600.00   69,600.00     6.75      391.5   10/1/2004           80      0-29      6ML         4.75
34931949         359      195,600.00  195,600.00    6.875   1,120.63   10/1/2004        89.99      0-29      6ML        5.625
34519322         357       97,750.00   97,750.00        8     651.67    9/1/2004           85      0-29      6ML        5.625
34864348         359       23,200.00   23,185.94      8.5     178.39   10/1/2004           80      0-29      6ML        6.375
34700575         359      112,000.00  111,908.19        7     745.14   10/1/2004           80      0-29      6ML         4.75
34859819         359       50,000.00   49,964.71     7.75     358.21   10/1/2004        55.56      0-29      6ML         4.75
34707059         359      548,000.00  547,441.29    5.875   3,241.63   10/1/2004           80      0-29      6ML            4
35022979         358      429,250.00  429,250.00    5.375   1,922.68    9/1/2004           85      0-29      6ML        3.875
35075217         359       97,500.00   97,439.39    8.375     741.08   10/1/2004          100      0-29      6ML         5.25
4000172391       359      450,000.00  449,639.88    7.125   3,031.73   10/1/2004           90      0-29      6ML            6
35083351         359      143,000.00  142,904.04        8   1,049.29   10/1/2004          100      0-29      FIX            0
34721142         359      187,550.00  187,550.00      6.5   1,015.90   10/1/2004        79.99      0-29      6ML        4.375
34949339         359      339,300.00  339,300.00      6.5   1,837.88   10/1/2004           90      0-29      6ML         4.75
35364470         359       96,000.00   96,000.00    6.875        550   10/1/2004           80      0-29      6ML            5
34965251         359       75,500.00   75,445.35    7.625     534.39   10/1/2004          100      0-29      FIX            0
35234251         359      106,800.00  106,720.73      7.5     746.77   10/1/2004        89.97      0-29      6ML         4.75
34273698         359      154,600.00  153,929.13     5.75     902.21   10/1/2004        89.88      0-29      6ML        4.625
35264258         359      166,000.00  165,863.66     6.99   1,103.29   10/1/2004        88.77      0-29      FIX            0
4000161175       359      259,950.00  259,950.00    5.375   1,164.36   10/1/2004        79.99      0-29      6ML            4
35233725         359      156,750.00  156,608.29      6.5     990.77   10/1/2004           95      0-29      6ML        5.125
35247048         359      100,000.00   99,890.54      5.5     567.79   10/1/2004        79.68      0-29      6ML          3.5
34975532         359      134,900.00  134,900.00    7.125     800.97   10/1/2004        89.99      0-29      6ML        4.875
34966440         359      152,600.00  152,600.00    6.875     874.27   10/1/2004        89.98      0-29      6ML        4.625
4000177252       359      223,200.00  223,200.00    6.375   1,185.75   10/1/2004           80      0-29      6ML         4.75
34718304         359      238,000.00  238,000.00     8.25   1,636.25   10/1/2004         83.8      0-29      6ML        5.125
35029438         359      212,000.00  212,000.00     6.99   1,234.90   10/1/2004           80      0-29      6ML        4.875
4000179754       359       90,000.00   89,954.56    9.375     748.57   10/1/2004          100      0-29      FIX            0

<CAPTION>
             INITIAL  PERIODIC                           PREPAYMENT
  LOANID       CAP      CAP       FLOOR    CEILING          TERM                                PREPAYMENT PENALTY
--------------------------------------------------------------------------------------------------------------------------
<S>             <C>      <C>      <C>       <C>              <C>                        <C>
4000170852      3        1          5.5       11.5           36                              6 mo.s interest less 20% obal
35160746        0        0            0          0            0                                                       None
33776162        0        0            0          0           12                              6 mo.s interest less 20% obal
35151034        3        1        8.625     14.625           24                              6 mo.s interest less 20% obal
4000164711      3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
35028836        3        1         6.25      12.25           12                              6 mo.s interest less 20% obal
4000177154      3        1        8.625     14.625           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34529529        3        1        7.875     13.875           24                              6 mo.s interest less 20% obal
35246859        3        1        7.875     13.875            0                                                       None
34077875        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
35077734        3        1        7.125     13.125            0                                                       None
4000175168      0        0            0          0           36                                                 1% prepaid
35202639        3        1        7.375     13.375           36                              6 mo.s interest less 20% obal
4000164516      3        1        5.625     11.625           36                              6 mo.s interest less 20% obal
34379206        3        1        8.375     14.375            0                                                       None
34917807        3        1        7.625     13.625            0                                                       None
34855205        3        1         8.75      14.75           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35026558        3        1         6.75      12.75           12                              6 mo.s interest less 20% obal
34663195        3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
4000153456      3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
34910950        3        1        7.625     13.625            0                                                       None
34752261        0        0            0          0            0                                                       None
34790394        3        1         5.99      11.99           24                              6 mo.s interest less 20% obal
34637942        3        1        7.875     13.875           24                              6 mo.s interest less 20% obal
4000172959      3        1         8.25      14.25           24                              6 mo.s interest less 20% obal
4000164513      3        1        6.999     12.999           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35003532        3        1        7.375     13.375           24                              6 mo.s interest less 20% obal
34831230        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
34860601        0        0            0          0            0                                                       None
4000169228      3        1          7.5       13.5           12                              6 mo.s interest less 20% obal
34859496        0        0            0          0           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35208628        3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
32716433        3        1        7.875     13.875           24                              6 mo.s interest less 20% obal
4000157398      3        1            7         13           24                              6 mo.s interest less 20% obal
35269497        3        1            5         11           36                              6 mo.s interest less 20% obal
35069517        3        1        5.625     11.625            0                                                       None
35144609        3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
34754747        3        1          8.5       14.5           24                              6 mo.s interest less 20% obal
4000174437      3        1        6.999     12.999           36                              6 mo.s interest less 20% obal
34914143        3        1          5.5       11.5           24                              6 mo.s interest less 20% obal
34953299        3        1        7.625     13.625           24                              6 mo.s interest less 20% obal
34074146        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
35149756        3        1         6.75      12.75            0                                                       None
4000170639      3        1        6.999     12.999           24                              6 mo.s interest less 20% obal
35074939        3        1          7.5       13.5            0                                                       None
4000104298      0        0            0          0           36                              6 mo.s interest less 20% obal
34561407        0        0            0          0           36                              6 mo.s interest less 20% obal
34849976        3        1          6.5       12.5           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34938795        3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
33327933        3        1         5.75      11.75           24                              6 mo.s interest less 20% obal
34935817        3        1        6.375     12.375           36                              6 mo.s interest less 20% obal
35226364        3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
35208743        3        1        6.625     12.625           36                              6 mo.s interest less 20% obal
4000166601      3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
35343524        3        1         8.25      14.25           24                              6 mo.s interest less 20% obal
34239293        3        1        7.875     13.875           24                              6 mo.s interest less 20% obal
35070390        3        1            7         13            0                                                       None
35303007        3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
34719401        3        1          8.5       14.5           24                              6 mo.s interest less 20% obal
4000166124      3        1         9.25      15.25           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34991851        3        1         6.75      12.75           36                         min (2% prepaid, 60 days interest)
35192368        3        1         7.75      13.75           24                              6 mo.s interest less 20% obal
4000163981      3        1        7.875     13.875           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000171288      3        1        9.125     15.125           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
33962192        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
34852988        0        0            0          0            0                                                       None
34999961        3        1        6.375     12.375           36                         min (2% prepaid, 60 days interest)
4000168374      3        1            6         12           24                              6 mo.s interest less 20% obal
34866806        3        1          7.5       13.5            0                                                       None
34866814        3        1          7.5       13.5            0                                                       None
34866525        3        1          7.5       13.5            0                                                       None
4000159529      3        1         8.25      14.25           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000163795      3        1         5.75      11.75            0                                                       None
35127257        3        1        6.875     12.875           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35153964        3        1          6.5       12.5            0                                                       None
34737726        3        1        7.625     13.625           36                              6 mo.s interest less 20% obal
4000165900      3        1         8.25      14.25           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34832790        3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
34017558        3        1         6.75      12.75           36                              6 mo.s interest less 20% obal
34931949        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
34519322        3        1            8         14           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34864348        3        1          8.5       14.5            0                                                       None
34700575        3        1            7         13           36                              6 mo.s interest less 20% obal
34859819        3        1         7.75      13.75           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34707059        3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
35022979        1        1        5.375     11.375           24                              6 mo.s interest less 20% obal
35075217        3        1        8.375     14.375            0                                                       None
4000172391      3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
35083351        0        0            0          0           36                                                 1% prepaid
34721142        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
34949339        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
35364470        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
34965251        0        0            0          0           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35234251        3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
34273698        3        1         5.75      11.75           36                              6 mo.s interest less 20% obal
35264258        0        0            0          0           36                              6 mo.s interest less 20% obal
4000161175      3        1        5.375     11.375           36                              6 mo.s interest less 20% obal
35233725        3        1          6.5       12.5           36                              6 mo.s interest less 20% obal
35247048        3        1          5.5       11.5            0                                                       None
34975532        3        1        7.125     13.125           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34966440        3        1        6.875     12.875           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000177252      3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
34718304        3        1         8.25      14.25           24                              6 mo.s interest less 20% obal
35029438        3        1         6.99      12.99           24                              6 mo.s interest less 20% obal
4000179754      0        0            0          0           36                              6 mo.s interest less 20% obal

<CAPTION>
                                              PAYMENT
              FIRST RATE      RATE RESET       RESET                                  MI
  LOANID      RESET DATE       FREQUENCY     FREQUENCY  PURPOSE   DIV  IO    IOTERM  FLAG
-----------------------------------------------------------------------------------------
<S>           <C>                  <C>            <C>  <C>         <C>  <C>    <C>    <C>
4000170852      9/1/2006           6              6    Purchase    N    Y      60     N
35160746      00/00/0000           0              0    Purchase    N    N       0     N
33776162      00/00/0000           0              0    Purchase    N    N       0     Y
35151034        9/1/2006           6              6    C/O Refi    N    N       0     Y
4000164711      9/1/2006           6              6    C/O Refi    N    Y      60     N
35028836        9/1/2006           6              6    Purchase    N    Y      60     N
4000177154      9/1/2006           6              6    Purchase    N    N       0     Y
34529529        9/1/2006           6              6    Purchase    N    Y      60     N
35246859        9/1/2006           6              6    C/O Refi    N    N       0     N
34077875        8/1/2006           6              6    C/O Refi    N    N       0     N
35077734        9/1/2006           6              6    Purchase    N    N       0     Y
4000175168    00/00/0000           0              0    R/T Refi    N    N       0     N
35202639        9/1/2007           6              6    C/O Refi    N    Y      60     N
4000164516      9/1/2009           6              6    Purchase    N    Y      60     N
34379206        9/1/2006           6              6    C/O Refi    N    Y      60     Y
34917807        8/1/2006           6              6    C/O Refi    N    Y      60     Y
34855205        9/1/2006           6              6    C/O Refi    N    N       0     N
35026558        9/1/2007           6              6    C/O Refi    N    Y      60     N
34663195        9/1/2006           6              6    Purchase    N    Y      60     N
4000153456      9/1/2006           6              6    C/O Refi    N    Y      60     N
34910950        8/1/2006           6              6    C/O Refi    N    N       0     N
34752261      00/00/0000           0              0    C/O Refi    N    N       0     N
34790394        8/1/2006           6              6    Purchase    N    N       0     N
34637942        7/1/2006           6              6    C/O Refi    N    N       0     N
4000172959      9/1/2006           6              6    C/O Refi    N    Y      60     N
4000164513      8/1/2007           6              6    Purchase    N    Y      60     N
35003532        8/1/2006           6              6    C/O Refi    N    Y      60     N
34831230        9/1/2006           6              6    Purchase    N    N       0     N
34860601      00/00/0000           0              0    C/O Refi    N    N       0     N
4000169228      9/1/2006           6              6    C/O Refi    N    Y      60     Y
34859496      00/00/0000           0              0    R/T Refi    N    N       0     N
35208628        9/1/2006           6              6    C/O Refi    N    Y      60     N
32716433        8/1/2006           6              6    Purchase    N    Y      60     N
4000157398      9/1/2006           6              6    C/O Refi    N    Y      60     N
35269497        9/1/2006           6              6    Purchase    N    Y      60     N
35069517        8/1/2007           6              6    Purchase    N    Y      60     N
35144609        8/1/2006           6              6    Purchase    N    N       0     N
34754747        9/1/2006           6              6    C/O Refi    N    N       0     Y
4000174437      9/1/2009           6              6    C/O Refi    N    Y      60     N
34914143        8/1/2006           6              6    Purchase    N    Y      60     N
34953299        9/1/2006           6              6    R/T Refi    N    Y      60     Y
34074146        8/1/2006           6              6    Purchase    N    Y      60     Y
35149756        9/1/2007           6              6    Purchase    N    N       0     N
4000170639      9/1/2006           6              6    C/O Refi    N    Y      60     N
35074939        9/1/2007           6              6    Purchase    N    N       0     N
4000104298    00/00/0000           0              0    R/T Refi    N    N       0     N
34561407      00/00/0000           0              0    Purchase    N    N       0     N
34849976        9/1/2006           6              6    C/O Refi    N    N       0     N
34938795        9/1/2006           6              6    C/O Refi    N    N       0     N
33327933        9/1/2006           6              6    Purchase    N    Y      60     N
34935817        8/1/2009           6              6    Purchase    N    N       0     N
35226364        9/1/2006           6              6    Purchase    N    Y      60     N
35208743        9/1/2007           6              6    C/O Refi    N    Y      60     N
4000166601      9/1/2009           6              6    Purchase    N    Y      60     N
35343524        9/1/2006           6              6    C/O Refi    N    N       0     N
34239293        9/1/2006           6              6    C/O Refi    N    Y      60     N
35070390        9/1/2007           6              6    Purchase    N    Y      60     Y
35303007        9/1/2009           6              6    C/O Refi    N    Y      60     N
34719401        9/1/2006           6              6    Purchase    N    N       0     Y
4000166124      9/1/2006           6              6    C/O Refi    N    Y      60     N
34991851        9/1/2006           6              6    R/T Refi    N    Y      60     N
35192368        9/1/2006           6              6    C/O Refi    N    N       0     N
4000163981      8/1/2006           6              6    Purchase    N    N       0     Y
4000171288      9/1/2006           6              6    Purchase    N    N       0     N
33962192        9/1/2006           6              6    Purchase    N    Y      60     N
34852988      00/00/0000           0              0    Purchase    N    N       0     N
34999961        9/1/2009           6              6    Purchase    N    Y      60     N
4000168374      9/1/2006           6              6    Purchase    N    N       0     N
34866806        9/1/2006           6              6    Purchase    N    N       0     Y
34866814        9/1/2006           6              6    Purchase    N    N       0     Y
34866525        9/1/2006           6              6    Purchase    N    N       0     Y
4000159529      8/1/2006           6              6    Purchase    N    N       0     N
4000163795      9/1/2007           6              6    R/T Refi    N    N       0     N
35127257        9/1/2006           6              6    C/O Refi    N    N       0     N
35153964        9/1/2006           6              6    Purchase    N    Y      60     N
34737726        9/1/2007           6              6    Purchase    N    N       0     N
4000165900      9/1/2006           6              6    C/O Refi    N    N       0     N
34832790        9/1/2006           6              6    C/O Refi    N    N       0     N
34017558        9/1/2007           6              6    Purchase    N    Y      60     N
34931949        9/1/2006           6              6    Purchase    N    Y      60     Y
34519322        7/1/2006           6              6    C/O Refi    N    Y      60     N
34864348        9/1/2006           6              6    Purchase    N    N       0     N
34700575        9/1/2009           6              6    Purchase    N    N       0     N
34859819        9/1/2006           6              6    C/O Refi    N    N       0     N
34707059        9/1/2006           6              6    Purchase    N    N       0     N
35022979        2/1/2005           6              6    Purchase    N    Y      60     N
35075217        9/1/2007           6              6    Purchase    N    N       0     N
4000172391      9/1/2006           6              6    R/T Refi    N    N       0     N
35083351      00/00/0000           0              0    Purchase    N    N       0     N
34721142        9/1/2006           6              6    Purchase    N    Y      60     N
34949339        9/1/2006           6              6    Purchase    N    Y      60     Y
35364470        9/1/2006           6              6    Purchase    N    Y      60     N
34965251      00/00/0000           0              0    Purchase    N    N       0     Y
35234251        9/1/2006           6              6    Purchase    N    N       0     Y
34273698        9/1/2007           6              6    R/T Refi    N    N       0     Y
35264258      00/00/0000           0              0    C/O Refi    N    N       0     Y
4000161175      9/1/2006           6              6    Purchase    N    Y      60     N
35233725        9/1/2007           6              6    Purchase    N    N       0     Y
35247048        9/1/2006           6              6    C/O Refi    N    N       0     N
34975532        9/1/2007           6              6    Purchase    N    Y      60     Y
34966440        9/1/2007           6              6    Purchase    N    Y      60     Y
4000177252      9/1/2006           6              6    Purchase    N    Y      60     N
34718304        9/1/2006           6              6    C/O Refi    N    Y      60     N
35029438        9/1/2006           6              6    C/O Refi    N    Y      60     N
4000179754    00/00/0000           0              0    Purchase    N    N       0     N
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
                                                          PROPERTY                    ORIGINAL ORIGINATION  FIRST PAY   MATURITY
  LOANID              CITY                 ZIP    STATE     TYPE       OCCUPANCY        TERM      DATE        DATE        DATE
--------------------------------------------------------------------------------------------------------------------------------
<S>           <C>                         <C>       <C>   <C>        <C>                <C>     <C>         <C>         <C>
35187913      STOCKTON                    95205     CA       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
4000144227    AMERICAN CANYON             94503     CA       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
34962464      ALBURTIS                    18011     PA       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
4000160592    VIRGINIA BEACH              23452     VA       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
35204551      SAN DIEGO                   92104     CA      Condo    Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
34963975      ELSMERE                     41018     KY       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
35134782      POSEN                       60469     IL       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
4000126989    NORTH LAS VEGAS             89031     NV       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
4000159246    LAS VEGAS                   89142     NV       SFR     Owner Occupied     180     7/27/2004    9/1/2004   8/1/2019
4000164121    BURLINGTON                  98233     WA       SFR     Owner Occupied     360     7/26/2004    9/1/2004   8/1/2034
35230200      WINTER HAVEN                33884     FL       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
35344217      FAIRFAX                     20121     VA       PUD     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
4000170862    MACOMB                      48044     MI       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
35125632      CHICAGO                     60628     IL       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35127984      DARIEN                      60561     IL       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
4000175230    UNIONDALE                   11553     NY       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
33018086      TRAFALGAR                   46181     IN       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
4000170746    SOUTH SAN FRANCISCO         94080     CA       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
35002955      CASTLE ROCK                 80104     CO       PUD     Owner Occupied     360      8/6/2004    9/1/2004   8/1/2034
35032523      ONTARIO                     91764     CA       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
35104793      SACHSE                      75048     TX       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
4000162310    SAN JOSE                    95127     CA       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
34717843      SAN BERNARDINO              92411     CA       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
34857607      OAKLAWN                     60453     IL       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
34065557      LAS VEGAS                   89121     NV       PUD     Owner Occupied     360      6/7/2004    8/1/2004   7/1/2034
35031244      OXNARD                      93033     CA       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
4000167193    RICHMOND HILL               11418     NY       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
34651877      ELDRIDGE                    52740     IA       SFR     Owner Occupied     360     7/28/2004   10/1/2004   9/1/2034
34859926      DARIEN                      60561     IL      Condo    Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
34960559      MORENO VALLEY               92551     CA       PUD     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
4000165407    SAN JOSE                    95110     CA      Condo    Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
34376863      YORK                        17403     PA       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
35285261      PATERSON                     7504     NJ       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
4000171967    PITTSBURG                   94565     CA       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
35110428      LAREDO                      78045     TX       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
4000171133    HAYWARD                     94545     CA       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
34108837      CHULA VISTA                 91915     CA      Condo    Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
35196468      SACRAMENTO                  95826     CA       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
35203405      MENIFEE                     92584     CA       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
34976985      CINCINNATI                  45213     OH       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
4000170477    FREMONT                     94536     CA       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
4000168643    REVERE                       2151     MA       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
34937185      RIDGEFIELD                  98642     WA       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
34800920      TEMECULA                    92592     CA       PUD     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
34376897      PHILADELPHIA                19140     PA       SFR        Investor        360      8/3/2004    9/1/2004   8/1/2034
34377663      SHARON HILL                 19079     PA       SFR     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
4000178997    SANTA CLARITA               91321     CA       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34865238      SOUTH WALES                 14139     NY       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
4000163399    REDWOOD CITY                94063     CA       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
33781642      WATERVLIET                  12189     NY    Units 2-4  Owner Occupied     360      7/1/2004    9/1/2004   8/1/2034
4000171695    HOLLY                       48442     MI       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
35070952      MOORESVILLE                 28117     NC       PUD     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
4000177978    MISSOURI CITY               77459     TX       PUD     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
4000171734    SACRAMENTO                  95824     CA       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
35133859      BOLINGBROOK                 60440     IL       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34863282      TULLY                       13159     NY       SFR     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
34938498      CLACKAMAS                   97015     OR       PUD     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
4000151504    SANTA MARIA                 93455     CA       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
4000164077    SPOKANE                     99217     WA       SFR     Owner Occupied     360     7/27/2004    9/1/2004   8/1/2034
4000168344    OXNARD                      93030     CA       SFR     Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
35106392      FRISCO                      75035     TX       PUD     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
35103159      EL PASO                     79936     TX       PUD     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
4000165292    BROWNSTOWN                  48134     MI      Condo    Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
35230002      MADISON                     35757     AL       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
34241406      SURPRISE                    85379     AZ       PUD     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35195619      HAYWARD                     94544     CA       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
35070069      CHARLOTTE                   28269     NC       PUD     Owner Occupied     360      8/5/2004    9/1/2004   8/1/2034
4000169075    PORTLAND                    97206     OR       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34967406      CINCINNATI                  45212     OH    Units 2-4  Owner Occupied     360     7/19/2004    9/1/2004   8/1/2034
34955864      CARSON                      90746     CA       SFR        Investor        360     7/27/2004    9/1/2004   8/1/2034
35127513      OSSIAN                      46777     IN       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
4000173363    WILLOWS                     95988     CA       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
4000174844    VALLEJO                     94589     CA       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
35188754      LOS ANGELES                 90047     CA       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
4000176930    COLUMBUS                    43206     OH      Condo    Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34523803      KANSAS CITY                 66112     KS       SFR     Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
35079409      YORK                        29745     SC       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
33018730      TERRE HAUTE                 47804     IN       SFR     Owner Occupied     240     8/19/2004   10/1/2004   9/1/2024
4000177299    SALIDA                      95368     CA       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
35197714      ORANGE                      92867     CA       PUD     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
4000163167    HANOVER                     17331     PA       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
4000149738    ASHBURN                     20147     VA      Condo    Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
4000174735    KALEVA                      49645     MI       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
34512509      MANSFIELD                   44905     OH       SFR     Owner Occupied     240     6/25/2004    8/1/2004   7/1/2024
35079839      GREENSBORO                  27410     NC       PUD     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
4000173421    PEMBROKE PINES              33025     FL       PUD     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34861021      LINDENWOOD                  61049     IL       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
34528737      OMAHA                       68116     NE       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
35127216      CHICAGO                     60638     IL       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34932525      BEAVERTON                   97006     OR       PUD     Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
34455535      CARROLLTON                  30116     GA       SFR     Owner Occupied     360     6/14/2004    8/1/2004   7/1/2034
4000160098    ACWORTH                     30101     GA       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
35286251      BLOOMFIELD                   7003     NJ       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
4000170411    MAPLE VALLEY                98038     WA       PUD     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
34375428      NORTH BERGEN                 7047     NJ    Units 2-4  Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
34868141      TROY                        12180     NY       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000172540    NEW CITY                    10956     NY       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34381749      ALDAN                       19018     PA       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
34996884      BURNSVILLE                  55337     MN       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000162569    CHICO                       95973     CA       SFR     Owner Occupied     360      8/1/2004   10/1/2004   9/1/2034
4000172115    STRATFORD                    6615     CT       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34972091      FINDLAY                     45840     OH       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
34752790      ROCKVILLE                   20853     MD       SFR     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
4000173042    LOWELL                      49331     MI       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34017608      GRAND PRAIRIE               75050     TX      Condo    Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034

<CAPTION>
                                                                                      ORIGINAL
                                                                                      COMBAINED
              REMAINING     ORIGINAL   SCHEDULED                       PAID THRU       LOAN TO      OTS
  LOANID        TERM        BALANCE     BALANCE      RATE      P&I        DATE          VALUE   DELINQUENCY INDEX       MARGIN
------------------------------------------------------------------------------------------------------------------------------
<S>              <C>      <C>         <C>           <C>     <C>        <C>              <C>        <C>       <C>        <C>
35187913         359      137,900.00  137,807.27     7.99   1,010.91   10/1/2004           70      0-29      FIX            0
4000144227       359      502,950.00  502,950.00      5.5   2,305.19   10/1/2004           80      0-29      6ML        3.625
34962464         359       84,500.00   84,435.69    7.375     583.63   10/1/2004           65      0-29      6ML        5.125
4000160592       359       96,000.00   96,000.00    5.999     479.92   10/1/2004           80      0-29      6ML        3.375
35204551         359      319,500.00  319,500.00    7.125   1,897.03   10/1/2004           90      0-29      6ML          5.5
34963975         359      129,000.00  129,000.00      8.5     913.75   10/1/2004          100      0-29      6ML         6.25
35134782         359      123,500.00  123,410.61    7.625     874.13   10/1/2004           95      0-29      6ML          5.5
4000126989       359      180,800.00  180,800.00    6.125     922.83   10/1/2004           80      0-29      6ML        3.875
4000159246       178      228,000.00  226,427.96    5.999   1,923.87   10/1/2004           80      0-29      FIX            0
4000164121       358      209,500.00  209,500.00    8.875   1,549.43   10/1/2004         83.8      0-29      6ML         6.75
35230200         359      124,000.00  124,000.00     6.25     645.83   10/1/2004           80      0-29      6ML          4.5
35344217         359      260,000.00  260,000.00    6.875   1,489.58   10/1/2004          100      0-29      6ML         5.25
4000170862       359      251,000.00  250,862.87    8.999   2,019.42   10/1/2004          100      0-29      6ML         5.75
35125632         359       61,200.00   61,157.88    7.875     443.75   10/1/2004        75.56      0-29      FIX            0
35127984         359      243,000.00  242,822.28     7.75   1,740.89   10/1/2004        77.14      0-29      6ML          5.5
4000175230       359      246,050.00  245,834.03     6.75   1,595.88   10/1/2004           95      0-29      6ML            5
33018086         359      205,200.00  205,018.96    6.625   1,313.92   10/1/2004           95      0-29      6ML          5.5
4000170746       359      589,600.00  589,600.00     6.25   3,070.83   10/1/2004           80      0-29      6ML         4.25
35002955         358      167,100.00  167,100.00    5.875     818.09    9/1/2004        79.99      0-29      6ML            4
35032523         359      153,000.00  152,877.65    7.125   1,030.79   10/1/2004        65.95      0-29      FIX            0
35104793         359      102,800.00  102,702.46     6.25     632.96   10/1/2004           80      0-29      FIX            0
4000162310       359      374,000.00  374,000.00        6   1,870.00   10/1/2004           80      0-29      6ML        4.125
34717843         359      118,400.00  118,400.00     6.25     616.67   10/1/2004           80      0-29      6ML        4.125
34857607         359      208,000.00  208,000.00    5.625        975   10/1/2004           80      0-29      6ML         3.75
34065557         357      171,000.00  170,510.69     6.25   1,052.88   10/1/2004           90      0-29      6ML        5.625
35031244         359      325,000.00  324,675.83     5.99   1,946.46   10/1/2004        72.22      0-29      6ML         3.75
4000167193       359      296,800.00  296,800.00      7.5   1,855.00   10/1/2004          100      0-29      6ML        5.875
34651877         359      108,000.00  107,927.53        8     792.47   10/1/2004           90      0-29      FIX            0
34859926         359      225,000.00  225,000.00      6.5   1,218.75   10/1/2004        77.59      0-29      6ML            5
34960559         359      325,600.00  325,600.00     5.99   1,625.29   10/1/2004           80      0-29      6ML        4.125
4000165407       359      152,000.00  152,000.00    5.875     744.17   10/1/2004           80      0-29      6ML            4
34376863         359       57,300.00   57,262.51    8.125     425.46   10/1/2004        71.63      0-29      6ML         5.25
35285261         359      175,000.00  174,860.05    7.125   1,179.01   10/1/2004          100      0-29      6ML          5.5
4000171967       359      326,400.00  326,400.00     5.75   1,564.10   10/1/2004           80      0-29      6ML        3.375
35110428         359      111,150.00  111,061.11    7.125     748.84   10/1/2004           95      0-29      FIX            0
4000171133       359      348,000.00  348,000.00      5.5   1,595.00   10/1/2004           80      0-29      6ML        3.625
34108837         359      346,650.00  346,650.00    5.875   1,697.14   10/1/2004           80      0-29      6ML          3.5
35196468         359      240,000.00  240,000.00     6.25   1,250.00   10/1/2004           80      0-29      6ML        4.625
35203405         359      353,600.00  353,600.00    6.375   1,878.50   10/1/2004           80      0-29      6ML          4.5
34976985         359      108,400.00  108,317.51    7.375      748.7   10/1/2004        88.85      0-29      6ML            6
4000170477       359      396,000.00  396,000.00    5.875   1,938.75   10/1/2004           80      0-29      6ML        3.875
4000168643       359      164,400.00  164,254.96    6.625   1,052.67   10/1/2004        46.31      0-29      6ML        4.625
34937185         359      151,650.00  151,650.00      6.5     821.44   10/1/2004        79.99      0-29      6ML            4
34800920         359      328,000.00  328,000.00     5.75   1,571.67   10/1/2004           80      0-29      6ML        3.875
34376897         358       53,550.00   53,477.88        8     392.94    9/1/2004           90      0-29      6ML        5.875
34377663         358      144,000.00  143,815.71     8.25   1,081.83    9/1/2004        92.31      0-29      6ML        6.625
4000178997       359      413,250.00  413,250.00    7.375   2,539.77   10/1/2004           95      0-29      6ML         5.75
34865238         359       73,700.00   73,655.35      8.5     566.69   10/1/2004        94.97      0-29      6ML        5.125
4000163399       359      510,800.00  510,227.63    5.375   2,860.33   10/1/2004           80      0-29      6ML        3.375
33781642         358       82,400.00   82,316.43    9.375     685.37    9/1/2004          100      0-29      FIX            0
4000171695       359      127,500.00  127,416.43    8.125     946.68   10/1/2004           85      0-29      6ML          6.5
35070952         359      666,400.00  666,400.00        7   3,887.33   10/1/2004           80      0-29      6ML        4.125
4000177978       359      159,128.00  159,128.00     8.25   1,094.01   10/1/2004          100      0-29      6ML        6.375
4000171734       359      202,500.00  202,500.00        7   1,181.25   10/1/2004           90      0-29      6ML         5.75
35133859         359      134,400.00  134,292.52    7.125     905.48   10/1/2004           80      0-29      6ML          3.5
34863282         359      220,000.00  219,848.59    7.875   1,595.16   10/1/2004        84.29      0-29      6ML            5
34938498         359      172,800.00  172,800.00        6        864   10/1/2004           80      0-29      6ML        4.125
4000151504       359      323,100.00  323,100.00    6.125   1,649.16   10/1/2004           80      0-29      6ML        4.375
4000164077       358       73,076.00   72,933.58    6.125     444.02    9/1/2004           80      0-29      6ML        3.875
4000168344       358      560,000.00  558,908.65    6.125   3,402.62    9/1/2004           80      0-29      6ML            4
35106392         359      400,000.00  399,663.95    6.875   2,627.72   10/1/2004           80      0-29      6ML            5
35103159         359       44,550.00   44,525.02    8.875     354.46   10/1/2004           90      0-29      FIX            0
4000165292       359      168,300.00  168,187.07        8   1,234.93   10/1/2004           90      0-29      6ML         6.25
35230002         359      264,000.00  264,000.00        6   1,320.00   10/1/2004           80      0-29      6ML            5
34241406         359      152,000.00  151,875.41        7   1,011.26   10/1/2004        94.85      0-29      6ML            6
35195619         359      427,500.00  427,182.73      7.5   2,989.15   10/1/2004           95      0-29      6ML        6.125
35070069         358      134,700.00  134,700.00    6.625     743.66    9/1/2004           80      0-29      6ML         4.25
4000169075       359      130,500.00  130,414.63    8.125     968.96   10/1/2004           90      0-29      6ML        6.125
34967406         358      138,400.00  138,400.00    6.625     764.08    9/1/2004           80      0-29      6ML         4.25
34955864         358      320,100.00  320,100.00     6.99   1,864.58    9/1/2004        78.07      0-29      6ML          4.5
35127513         359       95,850.00   95,785.68        8     703.32   10/1/2004           90      0-29      FIX            0
4000173363       359      154,400.00  154,358.99    6.375     820.25   10/1/2004           80      0-29      6ML        3.875
4000174844       359      318,750.00  318,750.00     7.25   1,925.78   10/1/2004           85      0-29      6ML        5.875
35188754         359      220,000.00  219,780.57     5.99   1,317.60   10/1/2004        82.71      0-29      6ML         4.25
4000176930       359       95,000.00   94,934.62    7.875     688.82   10/1/2004          100      0-29      FIX            0
34523803         358       83,300.00   83,215.53    9.375     692.85    9/1/2004           85      0-29      6ML        7.125
35079409         359      106,000.00  105,922.54    7.625     750.27   10/1/2004          100      0-29      6ML         6.25
33018730         239       45,000.00   44,922.40    7.875     372.91   10/1/2004           90      0-29      FIX            0
4000177299       359      260,000.00  260,000.00        7   1,516.67   10/1/2004          100      0-29      6ML        5.375
35197714         359      565,750.00  565,750.00     6.25   2,946.61   10/1/2004           80      0-29      6ML         3.75
4000163167       359      124,200.00  124,200.00    6.625     685.69   10/1/2004           90      0-29      6ML            5
4000149738       359      240,000.00  239,743.42    5.625   1,381.58   10/1/2004           80      0-29      6ML        4.125
4000174735       359       61,200.00   61,159.97    8.125     454.41   10/1/2004           90      0-29      6ML         6.75
34512509         237       72,900.00   72,554.15    8.625     638.43    9/1/2004           90      0-29      FIX            0
35079839         359       86,000.00   86,000.00     6.25     447.92   10/1/2004           80      0-29      6ML         4.25
4000173421       359      168,700.00  168,532.03    5.999   1,011.33   10/1/2004        94.99      0-29      6ML         4.75
34861021         359      142,500.00  142,394.24      7.5     996.39   10/1/2004           95      0-29      6ML         5.75
34528737         359      191,250.00  191,108.06      7.5   1,337.25   10/1/2004           85      0-29      6ML         6.25
35127216         359      294,500.00  294,281.44      7.5   2,059.19   10/1/2004           95      0-29      6ML        5.625
34932525         358      127,100.00  127,100.00    6.375     675.22    9/1/2004        79.99      0-29      6ML        4.375
34455535         357       89,100.00   89,100.00    6.625     491.91    9/1/2004           90      0-29      6ML        5.875
4000160098       359      350,000.00  349,651.51    5.999   2,098.20   10/1/2004        77.78      0-29      FIX            0
35286251         359      248,000.00  248,000.00    6.625   1,369.17   10/1/2004           80      0-29      6ML        4.125
4000170411       359      262,000.00  262,000.00    6.375   1,391.88   10/1/2004           80      0-29      6ML        3.875
34375428         359      386,650.00  386,268.48    6.875   2,540.02   10/1/2004           95      0-29      6ML         4.75
34868141         359      147,250.00  147,146.07     7.75   1,054.92   10/1/2004           95      0-29      6ML            6
4000172540       359      500,000.00  500,000.00    6.125   2,552.08   10/1/2004           80      0-29      6ML          3.5
34381749         359      120,000.00  119,901.44     6.99     797.56   10/1/2004           80      0-29      6ML        4.875
34996884         359      208,000.00  208,000.00    6.375   1,105.00   10/1/2004           80      0-29      6ML            4
4000162569       359      230,000.00  229,776.46    6.125   1,397.50   10/1/2004        68.66      0-29      6ML        3.875
4000172115       359      155,900.00  155,900.00    6.375     828.22   10/1/2004        79.99      0-29      6ML          4.5
34972091         359       97,500.00   97,432.89    7.875     706.95   10/1/2004           75      0-29      FIX            0
34752790         358      297,000.00  297,000.00    6.625   1,639.69   10/1/2004        62.53      0-29      6ML         4.25
4000173042       359       90,250.00   90,179.60     7.25     615.66   10/1/2004           95      0-29      6ML        5.125
34017608         359       54,000.00   53,968.93     8.75     424.82   10/1/2004        88.52      0-29      6ML         6.75

<CAPTION>
             INITIAL  PERIODIC                           PREPAYMENT
  LOANID       CAP      CAP       FLOOR    CEILING          TERM                                PREPAYMENT PENALTY
--------------------------------------------------------------------------------------------------------------------------
<S>             <C>      <C>      <C>       <C>              <C>                        <C>
35187913        0        0            0          0           36                              6 mo.s interest less 20% obal
4000144227      3        1          5.5       11.5           24                              6 mo.s interest less 20% obal
34962464        3        1        7.375     13.375           24                              6 mo.s interest less 20% obal
4000160592      3        1        5.999     11.999           24                              6 mo.s interest less 20% obal
35204551        3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
34963975        3        1          8.5       14.5           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35134782        3        1        7.625     13.625            0                                                       None
4000126989      3        1        6.125     12.125           36                              6 mo.s interest less 20% obal
4000159246      0        0            0          0           36                              6 mo.s interest less 20% obal
4000164121      3        1        8.875     14.875           24                              6 mo.s interest less 20% obal
35230200        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
35344217        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
4000170862      3        1        8.999     14.999           12                              3%/2%/1%-1st yr/2nd yr/3rd yr
35125632        0        0            0          0            0                                                       None
35127984        3        1         7.75      13.75           12                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000175230      3        1         6.75      12.75            0                                                       None
33018086        3        1        6.625     12.625           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000170746      3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
35002955        3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
35032523        0        0            0          0           36                              6 mo.s interest less 20% obal
35104793        0        0            0          0           36                              6 mo.s interest less 20% obal
4000162310      3        1            6         12           24                              6 mo.s interest less 20% obal
34717843        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
34857607        3        1        5.625     11.625           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34065557        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
35031244        3        1         5.99      11.99           36                              6 mo.s interest less 20% obal
4000167193      3        1          7.5       13.5            0                                                       None
34651877        0        0            0          0            0                                                       None
34859926        3        1          6.5       12.5           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34960559        3        1         5.99      11.99           36                              6 mo.s interest less 20% obal
4000165407      3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
34376863        3        1        8.125     14.125           24                              6 mo.s interest less 20% obal
35285261        3        1        7.125     13.125            0                                                       None
4000171967      3        1         5.75      11.75           36                              6 mo.s interest less 20% obal
35110428        0        0            0          0           36                              6 mo.s interest less 20% obal
4000171133      3        1          5.5       11.5           24                              6 mo.s interest less 20% obal
34108837        3        1        5.875     11.875           36                              6 mo.s interest less 20% obal
35196468        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
35203405        3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
34976985        3        1        7.375     13.375           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000170477      3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
4000168643      3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
34937185        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
34800920        3        1         5.75      11.75           24                              6 mo.s interest less 20% obal
34376897        3        1            8         14           24                              6 mo.s interest less 20% obal
34377663        3        1         8.25      14.25           36                              6 mo.s interest less 20% obal
4000178997      3        1        7.375     13.375           24                              6 mo.s interest less 20% obal
34865238        3        1          8.5       14.5            0                                                       None
4000163399      3        1        5.375     11.375           24                              6 mo.s interest less 20% obal
33781642        0        0            0          0           12                              6 mo.s interest less 20% obal
4000171695      3        1        8.125     14.125           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35070952        3        1            7         13            0                                                       None
4000177978      3        1         8.25      14.25           36                              6 mo.s interest less 20% obal
4000171734      3        1            7         13           24                              6 mo.s interest less 20% obal
35133859        3        1        7.125     13.125            0                                                       None
34863282        3        1        7.875     13.875            0                                                       None
34938498        3        1            6         12           36                              6 mo.s interest less 20% obal
4000151504      3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
4000164077      3        1        6.125     12.125           36                              6 mo.s interest less 20% obal
4000168344      3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
35106392        3        1        6.875     12.875            0                                                       None
35103159        0        0            0          0           36                              6 mo.s interest less 20% obal
4000165292      3        1            8         14           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35230002        3        1            6         12           36                              6 mo.s interest less 20% obal
34241406        3        1            7         13           24                              6 mo.s interest less 20% obal
35195619        3        1          7.5       13.5           36                              6 mo.s interest less 20% obal
35070069        3        1        6.625     12.625            0                                                       None
4000169075      3        1        8.125     14.125           36                              6 mo.s interest less 20% obal
34967406        3        1        6.625     12.625           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34955864        3        1         6.99      12.99           24                              6 mo.s interest less 20% obal
35127513        0        0            0          0           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000173363      3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
4000174844      3        1         7.25      13.25           36                              6 mo.s interest less 20% obal
35188754        3        1         5.99      11.99           24                              6 mo.s interest less 20% obal
4000176930      0        0            0          0           36                                                 1% prepaid
34523803        3        1        9.375     15.375           24                              6 mo.s interest less 20% obal
35079409        3        1        7.625     13.625            0                                                       None
33018730        0        0            0          0           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000177299      3        1            7         13           24                              6 mo.s interest less 20% obal
35197714        3        1         6.25      12.25            0                                                       None
4000163167      3        1        6.625     12.625           36                              6 mo.s interest less 20% obal
4000149738      3        1        5.625     11.625           24                              6 mo.s interest less 20% obal
4000174735      3        1        8.125     14.125           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34512509        0        0            0          0           36                                                 1% prepaid
35079839        3        1         6.25      12.25            0                                                       None
4000173421      3        1        5.999     11.999           24                              6 mo.s interest less 20% obal
34861021        3        1          7.5       13.5           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34528737        3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
35127216        3        1          7.5       13.5            0                                                       None
34932525        3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
34455535        1        1        6.625     12.625            0                                                       None
4000160098      0        0            0          0            0                                                       None
35286251        3        1        6.625     12.625            0                                                       None
4000170411      3        1        6.375     12.375           36                              6 mo.s interest less 20% obal
34375428        3        1        6.875     12.875            0                                                       None
34868141        3        1         7.75      13.75            0                                                       None
4000172540      3        1        6.125     12.125            0                                                       None
34381749        3        1         6.99      12.99           24                              6 mo.s interest less 20% obal
34996884        3        1        6.375     12.375           36                         min (2% prepaid, 60 days interest)
4000162569      3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
4000172115      3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
34972091        0        0            0          0           36                                                 1% prepaid
34752790        3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
4000173042      3        1         7.25      13.25            0                                                       None
34017608        3        1         8.75      14.75           24                              6 mo.s interest less 20% obal

<CAPTION>
                                              PAYMENT
              FIRST RATE      RATE RESET       RESET                                  MI
  LOANID      RESET DATE       FREQUENCY     FREQUENCY  PURPOSE   DIV  IO    IOTERM  FLAG
-----------------------------------------------------------------------------------------
<S>           <C>                  <C>            <C>  <C>         <C>  <C>    <C>    <C>
35187913      00/00/0000           0              0    C/O Refi    N    N       0     N
4000144227      9/1/2006           6              6    Purchase    N    Y      60     N
34962464        9/1/2006           6              6    C/O Refi    N    N       0     N
4000160592      9/1/2009           6              6    Purchase    N    Y      60     N
35204551        9/1/2006           6              6    Purchase    N    Y      60     Y
34963975        9/1/2006           6              6    Purchase    N    Y      60     N
35134782        9/1/2006           6              6    Purchase    N    N       0     Y
4000126989      9/1/2009           6              6    Purchase    N    Y      60     N
4000159246    00/00/0000           0              0    C/O Refi    N    N       0     N
4000164121      8/1/2006           6              6    C/O Refi    N    Y      60     N
35230200        9/1/2009           6              6    Purchase    N    Y      60     N
35344217        9/1/2006           6              6    Purchase    N    Y      60     N
4000170862      9/1/2006           6              6    Purchase    N    N       0     N
35125632      00/00/0000           0              0    C/O Refi    N    N       0     N
35127984        9/1/2006           6              6    C/O Refi    N    N       0     N
4000175230      9/1/2009           6              6    Purchase    N    N       0     Y
33018086        9/1/2006           6              6    Purchase    N    N       0     Y
4000170746      9/1/2006           6              6    Purchase    N    Y      60     N
35002955        8/1/2006           6              6    Purchase    N    Y      60     N
35032523      00/00/0000           0              0    C/O Refi    N    N       0     N
35104793      00/00/0000           0              0    Purchase    N    N       0     N
4000162310      9/1/2006           6              6    Purchase    N    Y      60     N
34717843        9/1/2006           6              6    Purchase    N    Y      60     N
34857607        9/1/2007           6              6    Purchase    N    Y      60     N
34065557        7/1/2006           6              6    C/O Refi    N    N       0     N
35031244        9/1/2009           6              6    C/O Refi    N    N       0     N
4000167193      9/1/2007           6              6    Purchase    N    Y      60     N
34651877      00/00/0000           0              0    C/O Refi    N    N       0     Y
34859926        9/1/2006           6              6    C/O Refi    N    Y      60     N
34960559        9/1/2007           6              6    Purchase    N    Y      60     N
4000165407      9/1/2006           6              6    Purchase    N    Y      60     N
34376863        9/1/2009           6              6    C/O Refi    N    N       0     N
35285261        9/1/2006           6              6    Purchase    N    N       0     N
4000171967      9/1/2009           6              6    Purchase    N    Y      60     N
35110428      00/00/0000           0              0    Purchase    N    N       0     Y
4000171133      9/1/2006           6              6    Purchase    N    Y      60     N
34108837        9/1/2009           6              6    Purchase    N    Y      60     N
35196468        9/1/2006           6              6    Purchase    N    Y      60     N
35203405        9/1/2006           6              6    Purchase    N    Y      60     N
34976985        9/1/2007           6              6    Purchase    N    N       0     Y
4000170477      9/1/2006           6              6    Purchase    N    Y      60     N
4000168643      9/1/2006           6              6    R/T Refi    N    N       0     N
34937185        9/1/2009           6              6    Purchase    N    Y      60     N
34800920        9/1/2006           6              6    Purchase    N    Y      60     N
34376897        8/1/2006           6              6    Purchase    N    N       0     Y
34377663        8/1/2007           6              6    C/O Refi    N    N       0     Y
4000178997      9/1/2006           6              6    Purchase    N    Y      60     N
34865238        9/1/2006           6              6    Purchase    N    N       0     N
4000163399      9/1/2006           6              6    Purchase    N    N       0     N
33781642      00/00/0000           0              0    Purchase    N    N       0     N
4000171695      9/1/2006           6              6    C/O Refi    N    N       0     Y
35070952        9/1/2009           6              6    Purchase    N    Y      60     N
4000177978      9/1/2006           6              6    Purchase    N    Y      60     N
4000171734      9/1/2006           6              6    Purchase    N    Y      60     N
35133859        9/1/2006           6              6    C/O Refi    N    N       0     N
34863282        9/1/2006           6              6    C/O Refi    N    N       0     N
34938498        9/1/2007           6              6    Purchase    N    Y      60     N
4000151504      9/1/2006           6              6    Purchase    N    Y      60     N
4000164077      8/1/2009           6              6    Purchase    N    N       0     N
4000168344      8/1/2006           6              6    R/T Refi    N    N       0     N
35106392        9/1/2007           6              6    C/O Refi    N    N       0     N
35103159      00/00/0000           0              0    Purchase    N    N       0     Y
4000165292      9/1/2006           6              6    Purchase    N    N       0     Y
35230002        9/1/2006           6              6    Purchase    N    Y      60     N
34241406        9/1/2006           6              6    Purchase    N    N       0     Y
35195619        9/1/2007           6              6    C/O Refi    N    N       0     Y
35070069        8/1/2009           6              6    Purchase    N    Y      60     N
4000169075      9/1/2007           6              6    C/O Refi    N    N       0     Y
34967406        8/1/2009           6              6    Purchase    N    Y      60     N
34955864        8/1/2006           6              6    C/O Refi    N    Y      60     N
35127513      00/00/0000           0              0    Purchase    N    N       0     Y
4000173363      9/1/2009           6              6    Purchase    N    Y      60     N
4000174844      9/1/2006           6              6    C/O Refi    N    Y      60     N
35188754        9/1/2006           6              6    C/O Refi    N    N       0     Y
4000176930    00/00/0000           0              0    Purchase    N    N       0     N
34523803        8/1/2006           6              6    C/O Refi    N    N       0     Y
35079409        9/1/2006           6              6    Purchase    N    N       0     Y
33018730      00/00/0000           0              0    C/O Refi    N    N       0     N
4000177299      9/1/2006           6              6    Purchase    N    Y      60     N
35197714        9/1/2006           6              6    Purchase    N    Y      60     N
4000163167      9/1/2007           6              6    Purchase    N    Y      60     Y
4000149738      9/1/2006           6              6    Purchase    N    N       0     N
4000174735      9/1/2006           6              6    Purchase    N    N       0     Y
34512509      00/00/0000           0              0    C/O Refi    N    N       0     Y
35079839        9/1/2006           6              6    Purchase    N    Y      60     N
4000173421      9/1/2006           6              6    Purchase    N    N       0     Y
34861021        9/1/2006           6              6    C/O Refi    N    N       0     Y
34528737        9/1/2006           6              6    C/O Refi    N    N       0     Y
35127216        9/1/2006           6              6    Purchase    N    N       0     Y
34932525        8/1/2006           6              6    Purchase    N    Y      60     N
34455535        1/1/2005           6              6    R/T Refi    N    Y      60     N
4000160098    00/00/0000           0              0    Purchase    N    N       0     N
35286251        9/1/2009           6              6    Purchase    N    Y      60     N
4000170411      9/1/2009           6              6    Purchase    N    Y      60     N
34375428        9/1/2006           6              6    Purchase    N    N       0     Y
34868141        9/1/2007           6              6    C/O Refi    N    N       0     Y
4000172540      9/1/2009           6              6    R/T Refi    N    Y      60     N
34381749        9/1/2006           6              6    C/O Refi    N    N       0     N
34996884        9/1/2009           6              6    Purchase    N    Y      60     N
4000162569      9/1/2006           6              6    R/T Refi    N    N       0     N
4000172115      9/1/2006           6              6    Purchase    N    Y      60     N
34972091      00/00/0000           0              0    C/O Refi    N    N       0     N
34752790        8/1/2006           6              6    C/O Refi    N    Y      60     N
4000173042      9/1/2006           6              6    R/T Refi    N    N       0     Y
34017608        9/1/2006           6              6    Purchase    N    N       0     Y
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
                                                          PROPERTY                    ORIGINAL ORIGINATION  FIRST PAY   MATURITY
  LOANID              CITY                 ZIP    STATE     TYPE       OCCUPANCY        TERM      DATE        DATE        DATE
--------------------------------------------------------------------------------------------------------------------------------
<S>           <C>                         <C>       <C>   <C>        <C>                <C>     <C>         <C>         <C>
4000162145    SAN FRANCISCO               94107     CA       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
4000164826    SACRAMENTO                  95828     CA       SFR     Owner Occupied     360     7/23/2004    9/1/2004   8/1/2034
4000165353    PALM DESERT                 92211     CA       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
35183144      CARSON                      90745     CA       SFR     Owner Occupied     360     7/28/2004   10/1/2004   9/1/2034
4000169481    MIAMI                       33193     FL      Condo    Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34707786      FONTANA                     92337     CA       SFR     Owner Occupied     360     7/21/2004    9/1/2004   8/1/2034
35035849      LANCASTER                   93535     CA       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
35131986      CHICAGO                     60657     IL    Units 2-4  Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
35287259      CLIFTON                      7012     NJ       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34378752      PHILADELPHIA                19149     PA       SFR     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
4000172851    CUMBERLAND                   2864     RI       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
35148089      NASHVILLE                   37209     TN       PUD     Owner Occupied     360      8/5/2004    9/1/2004   8/1/2034
35149210      SHELBYVILLE                 37160     TN       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
35082973      DAYTON                      45410     OH       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
35157833      STOCKBRIDGE                 30281     GA       PUD     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
34299891      RANCHO CUCAMONGA            91730     CA      Condo    Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
4000156155    BEL AIR                     21014     MD       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
35111855      DALLAS                      75225     TX       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
4000170097    PLYMOUTH                    48170     MI       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
35246420      BATON ROUGE                 70814     LA       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
35016328      CENTENNIAL                  80111     CO       PUD     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34976795      LOGANSPORT                  46947     IN       SFR     Owner Occupied     180     8/13/2004   10/1/2004   9/1/2019
34941328      REDMOND                     97756     OR       PUD     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
35010933      DENVER                      80249     CO       PUD     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
35208792      SAN MARCOS                  92069     CA       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
35127158      BURNSVILLE                  55337     MN      Condo    Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
34646786      MILWAUKEE                   53214     WI       SFR     Owner Occupied     360     7/28/2004   10/1/2004   9/1/2034
35085117      ELYRIA                      44035     OH      Condo    Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
34760793      FORT WASHINGTON             20744     MD       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
34640888      HUNTSVILLE                  35810     AL       SFR     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
35228964      MELBOURNE                   32935     FL       PUD     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35161082      PEACHTREE CITY              30269     GA       PUD     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
35263987      FRESNO                      93726     CA       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
35192897      HIGHLAND                    92346     CA       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
34737437      OGDEN                       84404     UT       PUD     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
35243229      HOUSTON                     77044     TX       PUD     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
34834705      READFIELD                    4355     ME       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35403815      MABLETON                    30126     GA       PUD     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34514026      GALLOWAY                    43119     OH      Condo    Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
4000166401    FALL CITY                   98024     WA       PUD     Owner Occupied     360      8/2/2004    9/1/2004   8/1/2034
34240770      TUCSON                      85715     AZ       PUD     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
4000168774    BURLINGTON                  98233     WA       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34757922      ALEXANDRIA                  22307     VA       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
4000173040    LEOMINSTER                   1453     MA       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35015148      AURORA                      80015     CO       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
35202712      OCEANSIDE                   92054     CA      Condo    Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34503623      KOKOMO                      46901     IN       SFR     Owner Occupied     360      7/8/2004    9/1/2004   8/1/2034
35150481      MARIETTA                    30066     GA       PUD     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
33381054      TAYLOR                      48180     MI      Condo    Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34517524      LOWELLVILLE                 44436     OH       SFR     Owner Occupied     360     8/14/2004   10/1/2004   9/1/2034
4000166153    PATCHOGUE                   11772     NY       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
35034669      VICTORVILLE                 92392     CA       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
34868307      ALDEN                       14004     NY       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34973636      CINCINNNATI                 45240     OH       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
34658161      ALBIA                       52531     IA       SFR     Owner Occupied     180     8/12/2004   10/1/2004   9/1/2019
35109453      ALVIN                       77511     TX       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
34937482      OREGON CITY                 97045     OR       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
34638049      MOBILE                      36617     AL       SFR     Owner Occupied     360      7/9/2004    9/1/2004   8/1/2034
4000106897    CHINO                       91710     CA       PUD     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
34758367      WALDORF                     20601     MD       PUD     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35202720      CARLSBAD                    92008     CA      Condo      Second Home      360     7/30/2004   10/1/2004   9/1/2034
4000174724    ROSEDALE                    11422     NY       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34901140      TAMPA                       33612     FL       SFR     Owner Occupied     360      8/5/2004    9/1/2004   8/1/2034
35202373      STOCKTON                    95210     CA       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
34936948      CRESWELL                    97426     OR       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
34081166      HENDERSON                   89014     NV       PUD     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
35231786      PALM COAST                  32164     FL       PUD        Investor        360     8/26/2004   10/1/2004   9/1/2034
4000174876    SACRAMENTO                  95823     CA       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
34990101      MINNEAPOLIS                 55410     MN       SFR     Owner Occupied     360      8/2/2004    9/1/2004   8/1/2034
34858142      ROUND LAKE BEACH            60073     IL       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
4000174452    WAKEFIELD                    3872     NH       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
4000165093    WILMINGTON                  60481     IL       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
35107663      COPPELL                     75019     TX       SFR     Owner Occupied     180     7/30/2004   10/1/2004   9/1/2019
4000169944    MENTOR                      44060     OH       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
35129311      BARTLETT                    60103     IL      Condo    Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35035229      MONTEBELLO                  90640     CA      Condo    Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
35190149      SAN BERNARDINO              92404     CA       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
34900332      KISSIMMEE                   34759     FL       PUD     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35223130      TAVARES                     32778     FL       PUD     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35383579      SCOTTSDALE                  85254     AZ       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34641894      CASSELBERRY                 32707     FL       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34666511      BALDWIN PARK                91706     CA      Condo    Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
4000137525    MILWAUKEE                   53221     WI       SFR     Owner Occupied     360      7/1/2004    9/1/2004   8/1/2034
35343128      CLINTON                     20735     MD       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
35127836      CHICAGO                     60652     IL       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
35232925      JACKSONVILLE                32225     FL       PUD     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
4000164768    OWOSSO                      48867     MI       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
34653329      SAINT CHARLES               63304     MO       PUD     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
4000174029    SAN FRANCISCO               94134     CA      Condo    Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
35230267      COCOA                       32926     FL       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
4000166335    NORTH ADAMS                  1247     MA    Units 2-4  Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
35024793      CASTAIC                     91384     CA       PUD     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
35125988      CAHOKIA                     62206     IL       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34733816      SALT LAKE CITY              84121     UT       SFR     Owner Occupied     360     7/21/2004    9/1/2004   8/1/2034
34734483      WEST VALLEY CITY            84128     UT       SFR     Owner Occupied     360      8/3/2004    9/1/2004   8/1/2034
34930156      VANCOUVER                   98683     WA       PUD     Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
4000161052    UNIONDALE                   11553     NY       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
4000162860    ALLEN PARK                  48101     MI       SFR     Owner Occupied     360     7/21/2004    9/1/2004   8/1/2034
35192442      VISALIA                     93277     CA       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
4000173163    ELMONT                      11003     NY       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35065622      LANCASTER                   29720     SC       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
33017435      INDIANAPOLIS                46201     IN       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
35148006      BRUNSWICK                   31525     GA       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
34756320      NEW FREEDOM                 17349     PA       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
34700492      DELRAY BEACH                33484     FL       PUD     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034

<CAPTION>
                                                                                      ORIGINAL
                                                                                      COMBAINED
              REMAINING     ORIGINAL   SCHEDULED                       PAID THRU       LOAN TO      OTS
  LOANID        TERM        BALANCE     BALANCE      RATE      P&I        DATE          VALUE   DELINQUENCY INDEX       MARGIN
------------------------------------------------------------------------------------------------------------------------------
<S>              <C>      <C>         <C>           <C>     <C>        <C>              <C>        <C>       <C>        <C>
4000162145       359      584,000.00  584,000.00    6.375   3,102.50   10/1/2004           80      0-29      6ML        3.625
4000164826       358      241,300.00  241,300.00    5.875   1,181.36    9/1/2004           95      0-29      6ML         4.75
4000165353       359      188,000.00  187,838.14     6.75   1,219.36   10/1/2004        94.95      0-29      FIX            0
35183144         359      292,000.00  291,803.67     7.99   2,140.56   10/1/2004        82.72      0-29      6ML         4.75
4000169481       359       94,200.00   94,130.09      7.5     658.66   10/1/2004        79.83      0-29      6ML        5.375
34707786         358      248,000.00  248,000.00    6.875   1,420.83    9/1/2004        70.86      0-29      6ML            5
35035849         359      260,000.00  260,000.00     6.99   1,514.50   10/1/2004          100      0-29      6ML        5.375
35131986         359      260,000.00  259,786.88        7   1,729.79   10/1/2004        48.15      0-29      6ML          3.5
35287259         359      308,000.00  307,728.26    6.625   1,972.16   10/1/2004          100      0-29      6ML          5.5
34378752         358       94,500.00   94,390.85     8.75     743.44    9/1/2004           90      0-29      6ML         6.75
4000172851       359      196,000.00  195,839.34        7   1,303.99   10/1/2004         78.4      0-29      6ML        3.625
35148089         358      202,120.00  202,120.00    6.875   1,157.98    9/1/2004           80      0-29      6ML         5.25
35149210         359       88,000.00   88,000.00     7.25     531.67   10/1/2004           80      0-29      6ML        5.125
35082973         359       68,850.00   68,810.38     8.75     541.65   10/1/2004          100      0-29      6ML         6.75
35157833         359      194,750.00  194,609.04    7.625   1,378.43   10/1/2004           95      0-29      6ML        6.125
34299891         359      144,800.00  144,707.66     8.25   1,087.84   10/1/2004           80      0-29      6ML        5.625
4000156155       359      216,000.00  215,855.04    7.999   1,584.78   10/1/2004           90      0-29      6ML         6.25
35111855         359      825,000.00  825,000.00     6.99   4,805.63   10/1/2004        58.95      0-29      6ML        4.375
4000170097       359      451,250.00  450,842.06      6.5   2,852.21   10/1/2004           95      0-29      6ML         5.25
35246420         359      136,000.00  136,000.00    6.875     779.17   10/1/2004          100      0-29      6ML            5
35016328         359      510,000.00  509,592.16    7.125   3,435.97   10/1/2004           85      0-29      6ML        5.625
34976795         179       94,000.00   93,740.17      8.5     925.66   10/1/2004        94.95      0-29      FIX            0
34941328         359       60,000.00   60,000.00    6.625     331.25   10/1/2004        46.15      0-29      6ML         3.75
35010933         359      204,250.00  204,074.14     6.75   1,324.77   10/1/2004        94.56      0-29      6ML         5.25
35208792         359      361,250.00  361,250.00     6.25   1,881.51   10/1/2004           85      0-29      6ML         4.75
35127158         359       96,000.00   95,935.58        8     704.42   10/1/2004          100      0-29      6ML        5.875
34646786         359      137,700.00  137,587.12        7     916.13   10/1/2004        94.97      0-29      6ML        5.375
35085117         359       94,400.00   94,400.00        7     550.67   10/1/2004           80      0-29      6ML        4.625
34760793         359      493,800.00  493,800.00        6   2,469.00   10/1/2004        79.99      0-29      6ML        4.375
34640888         358       62,000.00   61,920.65     8.25     465.79    9/1/2004        68.13      0-29      FIX            0
35228964         359      104,000.00  103,912.62    6.875     683.21   10/1/2004        52.79      0-29      6ML         4.75
35161082         359      261,000.00  261,000.00    7.375   1,604.06   10/1/2004           90      0-29      6ML        5.625
35263987         359      213,150.00  213,150.00     7.25   1,287.78   10/1/2004        89.56      0-29      6ML        5.625
35192897         359      164,000.00  163,889.73     7.99   1,202.24   10/1/2004           80      0-29      6ML        5.625
34737437         359      103,200.00  103,200.00        6        516   10/1/2004           80      0-29      6ML         3.75
35243229         359       72,000.00   71,954.08     8.25     540.92   10/1/2004           80      0-29      6ML            6
34834705         359       58,400.00   58,260.81        8     428.52   10/1/2004           80      0-29      6ML        6.125
35403815         359      217,990.00  217,990.00     8.25   1,498.68   10/1/2004          100      0-29      6ML        6.875
34514026         359       91,600.00   91,517.19      6.5     578.98   10/1/2004        79.96      0-29      FIX            0
4000166401       358      500,000.00  500,000.00    6.125   2,552.08    9/1/2004        77.77      0-29      6ML            4
34240770         359      134,400.00  134,400.00      6.5        728   10/1/2004           80      0-29      6ML        4.375
4000168774       359      138,400.00  138,400.00    6.875     792.92   10/1/2004           80      0-29      FIX            0
34757922         359      625,000.00  625,000.00    6.875   3,580.73   10/1/2004        78.13      0-29      6ML        4.125
4000173040       359      125,000.00  124,894.99    6.875     821.16   10/1/2004        39.06      0-29      6ML        4.625
35015148         359      155,120.00  155,120.00    6.125     791.76   10/1/2004           80      0-29      6ML         3.75
35202712         359      244,000.00  243,779.42      6.5   1,542.25   10/1/2004           80      0-29      6ML            4
34503623         358      167,650.00  167,400.36      7.5   1,172.24   10/1/2004        94.99      0-29      6ML          6.5
35150481         359      247,920.00  247,920.00        6   1,239.60   10/1/2004           80      0-29      6ML        4.125
33381054         359      164,150.00  164,150.00        6     820.75   10/1/2004        79.98      0-29      6ML         4.25
34517524         359      100,000.00  100,000.00     6.75      562.5   10/1/2004           80      0-29      6ML            5
4000166153       359      150,000.00  149,885.87    7.375   1,036.01   10/1/2004         56.6      0-29      6ML         5.25
35034669         359      198,000.00  197,833.66    6.875   1,300.72   10/1/2004        84.26      0-29      6ML        5.625
34868307         359       69,000.00   68,959.26    8.625     536.68   10/1/2004          100      0-29      6ML          6.5
34973636         359      128,000.00  127,902.60    7.375     884.07   10/1/2004          100      0-29      6ML         5.75
34658161         179       22,400.00   22,330.84     7.25     204.49   10/1/2004           80      0-29      FIX            0
35109453         359      122,000.00  121,917.97     7.99     894.35   10/1/2004        71.76      0-29      6ML        5.625
34937482         359      150,400.00  150,400.00        7     877.33   10/1/2004           80      0-29      6ML        4.875
34638049         358       63,000.00   62,936.11    9.375     524.01    9/1/2004           84      0-29      6ML        7.125
4000106897       359      310,050.00  310,050.00    5.375   1,388.77   10/1/2004        79.99      0-29      6ML        3.875
34758367         359      292,000.00  291,748.59     6.75   1,893.91   10/1/2004           80      0-29      FIX            0
35202720         359      449,100.00  449,100.00     6.99   2,616.01   10/1/2004           90      0-29      6ML            5
4000174724       359      361,000.00  360,704.09        7   2,401.74   10/1/2004           95      0-29      6ML         5.75
34901140         358      109,100.00  109,100.00     7.25     659.15    9/1/2004        64.98      0-29      6ML        4.875
35202373         359      188,700.00  188,700.00     6.25     982.81   10/1/2004           85      0-29      6ML        4.875
34936948         359       89,600.00   89,600.00      6.5     485.33   10/1/2004           80      0-29      6ML        3.875
34081166         359      585,000.00  585,000.00    7.125   3,473.44   10/1/2004           75      0-29      6ML        4.625
35231786         359      111,400.00  111,400.00    7.125     661.44   10/1/2004        89.99      0-29      6ML         4.75
4000174876       359      227,800.00  227,800.00      8.5   1,613.58   10/1/2004           85      0-29      6ML        6.625
34990101         358      327,250.00  326,774.78    7.625   2,316.26    9/1/2004           85      0-29      6ML          6.5
34858142         359       90,400.00   90,400.00    7.625     574.42   10/1/2004        77.26      0-29      FIX            0
4000174452       359      144,000.00  144,000.00     7.25        870   10/1/2004           80      0-29      6ML        5.125
4000165093       359       93,500.00   93,430.61      7.5     653.77   10/1/2004           85      0-29      FIX            0
35107663         179      248,000.00  247,209.03    6.875   2,211.80   10/1/2004           80      0-29      FIX            0
4000169944       359      241,300.00  241,138.10        8   1,770.57   10/1/2004        87.75      0-29      6ML        6.625
35129311         359      159,500.00  159,381.63      7.5   1,115.25   10/1/2004        84.84      0-29      6ML         5.75
35035229         359      236,000.00  236,000.00     6.25   1,229.17   10/1/2004           80      0-29      6ML         4.25
35190149         359      115,900.00  115,816.11    7.625     820.34   10/1/2004           95      0-29      6ML            6
34900332         359       88,000.00   88,000.00     4.75     348.33   10/1/2004        68.22      0-29      6ML            3
35223130         359       79,400.00   79,328.21      6.5     501.87   10/1/2004        59.56      0-29      6ML         4.25
35383579         359      168,800.00  168,800.00        6        844   10/1/2004           80      0-29      6ML        4.125
34641894         359      167,400.00  167,287.67        8   1,228.33   10/1/2004          100      0-29      6ML        5.375
34666511         359      192,400.00  192,400.00     5.75     921.92   10/1/2004           80      0-29      6ML          3.5
4000137525       358      126,000.00  125,800.62    7.625     891.82   10/1/2004           90      0-29      6ML        6.125
35343128         359      224,000.00  224,000.00    6.875   1,283.33   10/1/2004           80      0-29      6ML        5.125
35127836         359      130,000.00  129,896.04    7.125     875.84   10/1/2004           65      0-29      FIX            0
35232925         359      122,400.00  122,400.00      6.5        663   10/1/2004           80      0-29      6ML        3.875
4000164768       359       75,000.00   74,949.63     8.25     563.45   10/1/2004           80      0-29      6ML        6.125
34653329         359      224,900.00  224,741.26     7.75   1,611.22   10/1/2004          100      0-29      FIX            0
4000174029       359      175,000.00  175,000.00     7.25   1,057.29   10/1/2004        51.47      0-29      6ML        4.625
35230267         359      105,000.00  104,924.00    7.625     743.19   10/1/2004          100      0-29      6ML         5.75
4000166335       359       78,150.00   77,646.58    7.625     553.14   10/1/2004        93.94      0-29      6ML        6.125
35024793         359      408,000.00  408,000.00    5.625   1,912.50   10/1/2004           80      0-29      6ML         3.75
35125988         359       47,900.00   47,865.32    7.625     339.04   10/1/2004        79.97      0-29      6ML         5.25
34733816         358      116,000.00  116,000.00     5.75     555.83    9/1/2004        89.92      0-29      6ML          4.5
34734483         358      123,500.00  123,500.00     6.25     643.23   10/1/2004        79.99      0-29      6ML            4
34930156         358      156,000.00  156,000.00      6.5        845    9/1/2004           80      0-29      6ML         4.75
4000161052       359      236,000.00  235,824.85      7.5   1,650.15   10/1/2004        74.92      0-29      6ML        5.375
4000162860       358      152,000.00  151,784.74     7.75   1,088.95    9/1/2004        86.86      0-29      6ML         6.25
35192442         359      202,500.00  202,312.44    6.375   1,263.34   10/1/2004           90      0-29      6ML            5
4000173163       359      380,000.00  379,688.52        7   2,528.15   10/1/2004           95      0-29      6ML         5.25
35065622         359       66,600.00   66,565.47     9.25     547.91   10/1/2004           90      0-29      6ML         7.25
33017435         359       79,200.00   79,158.94     9.25     651.56   10/1/2004           90      0-29      6ML         7.25
35148006         359       88,000.00   88,000.00     7.25     531.67   10/1/2004           80      0-29      6ML         5.25
34756320         359      135,920.00  135,819.12      7.5     950.38   10/1/2004           80      0-29      6ML        5.625
34700492         359      101,000.00  101,000.00    6.625      557.6   10/1/2004        71.13      0-29      6ML         4.25

<CAPTION>
             INITIAL  PERIODIC                           PREPAYMENT
  LOANID       CAP      CAP       FLOOR    CEILING          TERM                                PREPAYMENT PENALTY
--------------------------------------------------------------------------------------------------------------------------
<S>             <C>      <C>      <C>       <C>              <C>                        <C>
4000162145      3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
4000164826      3        1        5.875     11.875           36                              6 mo.s interest less 20% obal
4000165353      0        0            0          0           36                              6 mo.s interest less 20% obal
35183144        3        1         7.99      13.99           24                              6 mo.s interest less 20% obal
4000169481      3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
34707786        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
35035849        3        1         6.99      12.99           24                              6 mo.s interest less 20% obal
35131986        3        1            7         13           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35287259        3        1        6.625     12.625            0                                                       None
34378752        3        1         8.75      14.75           24                              6 mo.s interest less 20% obal
4000172851      3        1            7         13           24                              6 mo.s interest less 20% obal
35148089        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
35149210        3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
35082973        3        1         8.75      14.75           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35157833        3        1        7.625     13.625            0                                                       None
34299891        3        1         8.25      14.25           24                              6 mo.s interest less 20% obal
4000156155      3        1        7.999     13.999           24                              6 mo.s interest less 20% obal
35111855        3        1         6.99      12.99           12                              6 mo.s interest less 20% obal
4000170097      3        1          6.5       12.5           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35246420        3        1        6.875     12.875           36                              6 mo.s interest less 20% obal
35016328        3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
34976795        0        0            0          0           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34941328        3        1        6.625     12.625           36                              6 mo.s interest less 20% obal
35010933        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
35208792        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
35127158        3        1            8         14           24                         min (2% prepaid, 60 days interest)
34646786        3        1            7         13           24                              6 mo.s interest less 20% obal
35085117        3        1            7         13           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34760793        3        1            6         12           24                              6 mo.s interest less 20% obal
34640888        0        0            0          0            0                                                       None
35228964        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
35161082        3        1        7.375     13.375            0                                                       None
35263987        3        1         7.25      13.25           36                              6 mo.s interest less 20% obal
35192897        3        1         7.99      13.99           24                              6 mo.s interest less 20% obal
34737437        3        1            6         12           24                              6 mo.s interest less 20% obal
35243229        3        1         8.25      14.25            0                                                       None
34834705        3        1            8         14            0                                                       None
35403815        3        1         8.25      14.25            0                                                       None
34514026        0        0            0          0           36                                                 1% prepaid
4000166401      3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
34240770        1        1          6.5       12.5           24                              6 mo.s interest less 20% obal
4000168774      0        0            0          0           36                              6 mo.s interest less 20% obal
34757922        3        1        6.875     12.875           36                              6 mo.s interest less 20% obal
4000173040      3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
35015148        3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
35202712        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
34503623        3        1          7.5       13.5           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35150481        3        1            6         12            0                                                       None
33381054        3        1            6         12           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34517524        3        1         6.75      12.75           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000166153      3        1        7.375     13.375            0                                                       None
35034669        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
34868307        3        1        8.625     14.625            0                                                       None
34973636        3        1        7.375     13.375           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34658161        0        0            0          0            0                                                       None
35109453        3        1         7.99      13.99            0                                                       None
34937482        3        1            7         13           36                              6 mo.s interest less 20% obal
34638049        3        1        9.375     15.375           24                              6 mo.s interest less 20% obal
4000106897      3        1        5.375     11.375           24                              6 mo.s interest less 20% obal
34758367        0        0            0          0            0                                                       None
35202720        3        1         6.99      12.99           24                              6 mo.s interest less 20% obal
4000174724      3        1            7         13            0                                                       None
34901140        3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
35202373        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
34936948        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
34081166        3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
35231786        3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
4000174876      3        1          8.5       14.5           24                              6 mo.s interest less 20% obal
34990101        3        1        7.625     13.625           36                         min (2% prepaid, 60 days interest)
34858142        0        0            0          0            0                                                       None
4000174452      3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
4000165093      0        0            0          0            0                                                       None
35107663        0        0            0          0            0                                                       None
4000169944      3        1            8         14           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35129311        3        1          7.5       13.5           12                              3%/2%/1%-1st yr/2nd yr/3rd yr
35035229        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
35190149        3        1        7.625     13.625           36                              6 mo.s interest less 20% obal
34900332        1        1         4.75      10.75           36                              6 mo.s interest less 20% obal
35223130        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
35383579        3        1            6         12           24                              6 mo.s interest less 20% obal
34641894        3        1            8         14           24                              6 mo.s interest less 20% obal
34666511        3        1         5.75      11.75           36                              6 mo.s interest less 20% obal
4000137525      3        1        7.625     13.625           24                              6 mo.s interest less 20% obal
35343128        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
35127836        0        0            0          0            0                                                       None
35232925        3        1          6.5       12.5           36                              6 mo.s interest less 20% obal
4000164768      3        1         8.25      14.25           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34653329        0        0            0          0           36                                                 2% prepaid
4000174029      3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
35230267        3        1        7.625     13.625           24                              6 mo.s interest less 20% obal
4000166335      3        1        7.625     13.625           24                              6 mo.s interest less 20% obal
35024793        3        1        5.625     11.625           24                              6 mo.s interest less 20% obal
35125988        3        1        7.625     13.625           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34733816        3        1         5.75      11.75           36                              6 mo.s interest less 20% obal
34734483        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
34930156        3        1          6.5       12.5           36                              6 mo.s interest less 20% obal
4000161052      3        1          7.5       13.5            0                                                       None
4000162860      3        1         7.75      13.75           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35192442        3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
4000173163      3        1            7         13            0                                                       None
35065622        3        1         9.25      15.25            0                                                       None
33017435        3        1         9.25      15.25           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35148006        3        1         7.25      13.25            0                                                       None
34756320        3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
34700492        3        1        6.625     12.625           24                              6 mo.s interest less 20% obal

<CAPTION>
                                              PAYMENT
              FIRST RATE      RATE RESET       RESET                                  MI
  LOANID      RESET DATE       FREQUENCY     FREQUENCY  PURPOSE   DIV  IO    IOTERM  FLAG
-----------------------------------------------------------------------------------------
<S>           <C>                  <C>            <C>  <C>         <C>  <C>    <C>    <C>
4000162145      9/1/2009           6              6    Purchase    N    Y      60     N
4000164826      8/1/2006           6              6    Purchase    N    Y      60     N
4000165353    00/00/0000           0              0    R/T Refi    N    N       0     Y
35183144        9/1/2006           6              6    C/O Refi    N    N       0     Y
4000169481      9/1/2006           6              6    C/O Refi    N    N       0     N
34707786        8/1/2006           6              6    Purchase    N    Y      60     N
35035849        9/1/2006           6              6    Purchase    N    Y      60     N
35131986        9/1/2006           6              6    C/O Refi    N    N       0     N
35287259        9/1/2006           6              6    Purchase    N    N       0     Y
34378752        8/1/2006           6              6    C/O Refi    N    N       0     Y
4000172851      9/1/2006           6              6    C/O Refi    N    N       0     N
35148089        8/1/2006           6              6    Purchase    N    Y      60     N
35149210        9/1/2006           6              6    C/O Refi    N    Y      60     N
35082973        9/1/2006           6              6    Purchase    N    N       0     N
35157833        9/1/2007           6              6    C/O Refi    N    N       0     N
34299891        9/1/2006           6              6    C/O Refi    N    N       0     N
4000156155      9/1/2006           6              6    C/O Refi    N    N       0     N
35111855        9/1/2007           6              6    Purchase    N    Y      60     N
4000170097      9/1/2006           6              6    Purchase    N    N       0     Y
35246420        9/1/2007           6              6    Purchase    N    Y      60     N
35016328        9/1/2006           6              6    C/O Refi    N    N       0     Y
34976795      00/00/0000           0              0    C/O Refi    N    N       0     Y
34941328        9/1/2009           6              6    Purchase    N    Y      60     N
35010933        9/1/2006           6              6    C/O Refi    N    N       0     Y
35208792        9/1/2006           6              6    C/O Refi    N    Y      60     N
35127158        9/1/2006           6              6    C/O Refi    N    N       0     N
34646786        9/1/2006           6              6    C/O Refi    N    N       0     Y
35085117        9/1/2006           6              6    Purchase    N    Y      60     N
34760793        9/1/2006           6              6    Purchase    N    Y      60     N
34640888      00/00/0000           0              0    C/O Refi    N    N       0     N
35228964        9/1/2006           6              6    Purchase    N    N       0     N
35161082        9/1/2007           6              6    Purchase    N    Y      60     N
35263987        9/1/2007           6              6    R/T Refi    N    Y      60     Y
35192897        9/1/2006           6              6    C/O Refi    N    N       0     N
34737437        9/1/2006           6              6    Purchase    N    Y      60     N
35243229        9/1/2006           6              6    C/O Refi    N    N       0     N
34834705        9/1/2006           6              6    Purchase    N    N       0     N
35403815        9/1/2006           6              6    Purchase    N    Y      60     N
34514026      00/00/0000           0              0    Purchase    N    N       0     N
4000166401      8/1/2009           6              6    Purchase    N    Y      60     N
34240770        3/1/2005           6              6    C/O Refi    N    Y      60     N
4000168774    00/00/0000           0              0    Purchase    N    Y      60     N
34757922        9/1/2009           6              6    C/O Refi    N    Y      60     N
4000173040      9/1/2006           6              6    C/O Refi    N    N       0     N
35015148        9/1/2009           6              6    Purchase    N    Y      60     N
35202712        9/1/2009           6              6    C/O Refi    N    N       0     N
34503623        8/1/2006           6              6    R/T Refi    N    N       0     Y
35150481        9/1/2007           6              6    Purchase    N    Y      60     N
33381054        9/1/2006           6              6    Purchase    N    Y      60     N
34517524        9/1/2006           6              6    Purchase    N    Y      60     N
4000166153      9/1/2007           6              6    C/O Refi    N    N       0     N
35034669        9/1/2006           6              6    C/O Refi    N    N       0     N
34868307        9/1/2006           6              6    Purchase    N    N       0     N
34973636        9/1/2006           6              6    R/T Refi    N    N       0     N
34658161      00/00/0000           0              0    Purchase    N    N       0     N
35109453        9/1/2006           6              6    C/O Refi    N    N       0     N
34937482        9/1/2009           6              6    Purchase    N    Y      60     N
34638049        8/1/2006           6              6    C/O Refi    N    N       0     Y
4000106897      9/1/2006           6              6    Purchase    N    Y      60     N
34758367      00/00/0000           0              0    Purchase    N    N       0     N
35202720        9/1/2006           6              6    Purchase    N    Y      60     Y
4000174724      9/1/2007           6              6    Purchase    N    N       0     N
34901140        8/1/2006           6              6    Purchase    N    Y      60     N
35202373        9/1/2006           6              6    C/O Refi    N    Y      60     N
34936948        9/1/2009           6              6    Purchase    N    Y      60     N
34081166        9/1/2006           6              6    C/O Refi    N    Y      60     N
35231786        9/1/2006           6              6    Purchase    N    Y      60     Y
4000174876      9/1/2006           6              6    C/O Refi    N    Y      60     N
34990101        8/1/2006           6              6    R/T Refi    N    N       0     Y
34858142      00/00/0000           0              0    C/O Refi    N    Y      60     N
4000174452      9/1/2006           6              6    Purchase    N    Y      60     N
4000165093    00/00/0000           0              0    R/T Refi    N    N       0     N
35107663      00/00/0000           0              0    C/O Refi    N    N       0     N
4000169944      9/1/2006           6              6    R/T Refi    N    N       0     N
35129311        9/1/2006           6              6    C/O Refi    N    N       0     Y
35035229        9/1/2006           6              6    Purchase    N    Y      60     N
35190149        9/1/2007           6              6    C/O Refi    N    N       0     Y
34900332        3/1/2005           6              6    R/T Refi    N    Y      60     N
35223130        9/1/2006           6              6    Purchase    N    N       0     N
35383579        9/1/2006           6              6    Purchase    N    Y      60     N
34641894        9/1/2006           6              6    Purchase    N    N       0     N
34666511        9/1/2007           6              6    Purchase    N    Y      60     N
4000137525      8/1/2006           6              6    Purchase    N    N       0     Y
35343128        9/1/2006           6              6    Purchase    N    Y      60     N
35127836      00/00/0000           0              0    C/O Refi    N    N       0     N
35232925        9/1/2009           6              6    Purchase    N    Y      60     N
4000164768      9/1/2006           6              6    Purchase    N    N       0     N
34653329      00/00/0000           0              0    Purchase    N    N       0     Y
4000174029      9/1/2006           6              6    C/O Refi    N    Y      60     N
35230267        9/1/2006           6              6    C/O Refi    N    N       0     Y
4000166335      9/1/2006           6              6    Purchase    N    N       0     Y
35024793        9/1/2006           6              6    Purchase    N    Y      60     N
35125988        9/1/2006           6              6    Purchase    N    N       0     N
34733816        8/1/2007           6              6    Purchase    N    Y      60     Y
34734483        8/1/2006           6              6    Purchase    N    Y      60     N
34930156        8/1/2007           6              6    Purchase    N    Y      60     N
4000161052      9/1/2007           6              6    C/O Refi    N    N       0     N
4000162860      8/1/2006           6              6    R/T Refi    N    N       0     N
35192442        9/1/2006           6              6    Purchase    N    N       0     Y
4000173163      9/1/2009           6              6    C/O Refi    N    N       0     N
35065622        9/1/2006           6              6    C/O Refi    N    N       0     Y
33017435        9/1/2006           6              6    C/O Refi    N    N       0     Y
35148006        9/1/2007           6              6    Purchase    N    Y      60     N
34756320        9/1/2006           6              6    Purchase    N    N       0     N
34700492        9/1/2006           6              6    C/O Refi    N    Y      60     N
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
                                                          PROPERTY                    ORIGINAL ORIGINATION  FIRST PAY   MATURITY
  LOANID              CITY                 ZIP    STATE     TYPE       OCCUPANCY        TERM      DATE        DATE        DATE
--------------------------------------------------------------------------------------------------------------------------------
<S>           <C>                         <C>       <C>   <C>        <C>                <C>     <C>         <C>         <C>
4000165087    DETROIT                     48206     MI       SFR        Investor        360      8/4/2004   10/1/2004   9/1/2034
34993238      HAM LAKE                    55434     MN       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
4000169626    RICHMOND                    23231     VA       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
34743401      HAMPTON                     23669     VA       SFR     Owner Occupied     360      8/3/2004    9/1/2004   8/1/2034
33178716      DETROIT                     48227     MI       SFR     Owner Occupied     360     6/17/2004    8/1/2004   7/1/2034
33937061      MAPLE HTS                   44137     OH       SFR     Owner Occupied     360     6/28/2004    8/1/2004   7/1/2034
34372268      CHESTERFIELD                 8505     NJ       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
35250091      HOUSTON                     77088     TX       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
34964692      FLORENCE                    41042     KY       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
4000169114    NORTH WATERBORO              4061     ME       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
4000169143    WOOSTER                     44691     OH       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
34756353      UPPER MARLBORO              20772     MD       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
35145473      FAIRBURN                    30213     GA       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
4000165949    LA JOLLA                    92037     CA       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
33016676      INDIANAPOLIS                46217     IN       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
4000160664    DETROIT                     48213     MI       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000162424    JAMAICA                     11434     NY       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34861351      BRIDGEVIEW                  60455     IL      Condo    Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
34558064      FORT WORTH                  76115     TX       SFR     Owner Occupied     360     7/12/2004    9/1/2004   8/1/2034
4000165587    STOCKTON                    95204     CA       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
33950593      LAKEWOOD                    90715     CA       SFR     Owner Occupied     360     7/22/2004    9/1/2004   8/1/2034
34696955      BOYNTON BEACH               33437     FL       PUD     Owner Occupied     360      8/3/2004    9/1/2004   8/1/2034
4000169321    GLADWIN                     48624     MI       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
4000169627    ADRIAN                      49221     MI       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
4000163215    BROOKLYN                    11234     NY       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
4000165886    WESTLAND                    48186     MI       SFR     Owner Occupied     360     7/28/2004   10/1/2004   9/1/2034
34700138      MIAMI                       33172     FL    Condo >4   Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
35106509      AUSTIN                      78752     TX       SFR     Owner Occupied     180     8/13/2004   10/1/2004   9/1/2019
4000166626    SPRINGFIELD                  1108     MA    Units 2-4  Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
34720128      PALM DESERT                 92211     CA       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34801647      ESCONDIDO                   92027     CA       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
34861047      BERWYN                      60402     IL       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35011295      ALBUQUERQUE                 87121     NM       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
35011683      ARVADA                      80004     CO       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
35028083      LOS ANGELES                 90026     CA       SFR     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
35243013      HOUSTON                     77099     TX       PUD     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
34696328      MIAMI                       33196     FL       SFR     Owner Occupied     360      8/4/2004    9/1/2004   8/1/2034
34697193      MIRAMAR                     33029     FL       PUD     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
34829978      HOLYOKE                      1040     MA       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35024918      LANCASTER                   93534     CA       SFR     Owner Occupied     360     7/16/2004    9/1/2004   8/1/2034
35105550      TYLER                       75702     TX       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
4000162723    SACRAMENTO                  95823     CA       SFR     Owner Occupied     360     7/21/2004    9/1/2004   8/1/2034
4000164579    MERCED                      95348     CA       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
34654632      MILWAUKEE                   53212     WI    Units 2-4  Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
35034339      WHITTIER                    90602     CA       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35190164      BELLFLOWER                  90706     CA       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
34239533      CHANDLER                    85225     AZ      Condo    Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
34654798      MILWAUKEE                   53214     WI       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35206200      KELSEYVILLE                 95451     CA       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
35245661      HOUSTON                     77077     TX       PUD     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
4000169846    WOODLAND                    95695     CA       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
4000171803    PINCKNEY                    48169     MI       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
34677278      CHINO HILLS                 91709     CA       PUD     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
4000155843    GONZALES                    93926     CA       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
35131556      CHICAGO                     60639     IL       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35267459      CARSON                      90810     CA       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
4000175260    MODESTO                     95350     CA       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
4000178711    MIAMI BEACH                 33139     FL    Condo >4   Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
4000178712    HOUSTON                     77089     TX       PUD     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35344076      UPPER MARLBORO              20774     MD       PUD     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34701078      LAKE WORTH                  33463     FL       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34898106      GROVELAND                   34736     FL       PUD     Owner Occupied     360      8/3/2004    9/1/2004   8/1/2034
4000172640    OZONE PARK                  11417     NY       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
34381509      HAMILTON                     8610     NJ       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
4000170320    PATASKALA                   43062     OH       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35151497      BRUNSWICK                   31523     GA       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
34033357      STRATHAM                     3885     NH       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
34611731      CHICAGO RIDGE               60415     IL      Condo    Owner Occupied     360      7/1/2004    8/1/2004   7/1/2034
34935536      LONG BEACH                  98631     WA       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
34714717      LAKE ISABELLA               93240     CA       SFR     Owner Occupied     360     7/14/2004    9/1/2004   8/1/2034
35072628      COLUMBIA                    29209     SC       SFR     Owner Occupied     360      8/2/2004    9/1/2004   8/1/2034
35264027      CLAREMONT                   91711     CA       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
34856062      LOMBARD                     60148     IL       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
35248541      HOUSTON                     77065     TX       PUD     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34796888      NATIONAL CITY               91950     CA      Condo    Owner Occupied     360     7/27/2004    9/1/2004   8/1/2034
4000170869    TORRANCE                    90501     CA    Units 2-4  Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
4000170289    TEHACHAPI                   93561     CA       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
35079623      ANDERSON                    29625     SC       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000169995    CONCORD                     94521     CA      Condo    Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
35305069      NORTH LAS VEGAS             89031     NV       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35029818      MORENO VALLEY               92553     CA       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
4000167735    HOLLISTER                   95023     CA       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
4000165911    MODESTO                     95355     CA       SFR     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
4000166713    EL CENTRO                   92243     CA       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
34955013      WHITTIER                    90604     CA      Condo    Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
35030998      MONTCLAIR                   91763     CA       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35213370      CHULA VISTA                 91913     CA      Condo       Investor        360     8/27/2004   10/1/2004   9/1/2034
34793844      CHULA VISTA                 91915     CA      Condo    Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
35082254      CINCINNATI                  45229     OH       SFR     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
35082270      CINCINNATI                  45229     OH       SFR        Investor        360      8/3/2004    9/1/2004   8/1/2034
4000175998    RIPON                       95366     CA       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34410837      VANCOUVER                   98683     WA       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
34901793      PENSACOLA                   32514     FL       PUD     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
4000163516    MERCED                      95340     CA       SFR     Owner Occupied     360     7/20/2004    9/1/2004   8/1/2034
34081109      LAS VEGAS                   89102     NV       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34859678      MAYWOOD                     60153     IL       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
35228139      WINTER GARDEN               34787     FL       PUD     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
34834903      WORCESTER                    1604     MA       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
4000176828    LONG BEACH                  11561     NY       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000170654    CORAL GABLES                33146     FL       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34889568      PORT CHARLOTTE              33980     FL       SFR     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
4000174293    SPOKANE                     99208     WA       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
34524496      OMAHA                       68144     NE       SFR     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
35286152      BARNEGAT                     8005     NJ       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
34584060      BREMERTON                   98311     WA       SFR     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034

<CAPTION>
                                                                                      ORIGINAL
                                                                                      COMBAINED
              REMAINING     ORIGINAL   SCHEDULED                       PAID THRU       LOAN TO      OTS
  LOANID        TERM        BALANCE     BALANCE      RATE      P&I        DATE          VALUE   DELINQUENCY INDEX       MARGIN
------------------------------------------------------------------------------------------------------------------------------
<S>              <C>      <C>         <C>           <C>     <C>        <C>              <C>        <C>       <C>        <C>
4000165087       359       68,000.00   67,959.85    8.625      528.9   10/1/2004           85      0-29      6ML        6.375
34993238         359      151,200.00  151,200.00    5.875     740.25   10/1/2004           80      0-29      6ML          4.5
4000169626       359       71,500.00   71,452.02    7.999     524.59   10/1/2004        79.44      0-29      FIX            0
34743401         358      128,000.00  128,000.00        6        640    9/1/2004           80      0-29      6ML        4.125
33178716         357       74,400.00   74,400.00    7.125     441.75    9/1/2004           80      0-29      6ML        5.625
33937061         357       96,300.00   96,114.51     8.25     723.47    9/1/2004           90      0-29      FIX            0
34372268         359      509,800.00  509,800.00    6.875   2,920.73   10/1/2004           90      0-29      6ML         5.25
35250091         359       83,000.00   82,944.19     7.99     608.45   10/1/2004          100      0-29      6ML        5.875
34964692         359      111,150.00  111,067.51      7.5     777.18   10/1/2004           95      0-29      FIX            0
4000169114       359       97,000.00   96,931.54     7.75     694.92   10/1/2004        64.67      0-29      FIX            0
4000169143       359       94,900.00   94,833.02     7.75     679.88   10/1/2004        94.99      0-29      6ML        6.375
34756353         359      204,000.00  204,000.00      6.5   1,105.00   10/1/2004           80      0-29      6ML          4.5
35145473         359      494,000.00  494,000.00     8.25   3,396.25   10/1/2004           95      0-29      6ML        6.375
4000165949       359      427,000.00  426,330.26    4.625   2,195.38   10/1/2004        30.37      0-29      6ML        2.875
33016676         359      110,200.00  110,177.27    7.375     677.27   10/1/2004           95      0-29      6ML         5.75
4000160664       359       75,000.00   75,000.00    7.875     492.19   10/1/2004          100      0-29      6ML        6.125
4000162424       359      356,250.00  356,250.00    6.875   2,041.02   10/1/2004           95      0-29      6ML        5.375
34861351         359      112,100.00  112,012.55     7.25     764.72   10/1/2004           95      0-29      6ML        5.375
34558064         358       56,800.00   56,706.59        7      377.9    9/1/2004           80      0-29      6ML            5
4000165587       359      175,000.00  174,870.12      7.5   1,223.63   10/1/2004        72.92      0-29      6ML        5.125
33950593         358      268,000.00  268,000.00      6.5   1,451.67    9/1/2004           80      0-29      6ML          4.5
34696955         358      172,000.00  172,000.00    6.875     985.42   10/1/2004           80      0-29      6ML            5
4000169321       359      121,050.00  120,968.76    7.999     888.14   10/1/2004           90      0-29      FIX            0
4000169627       359       82,800.00   82,744.44        8     607.56   10/1/2004           90      0-29      6ML        6.375
4000163215       359      236,550.00  236,550.00        7   1,379.87   10/1/2004           95      0-29      6ML        5.375
4000165886       359      133,600.00  133,600.00    6.625     737.58   10/1/2004           80      0-29      6ML        4.375
34700138         358      125,400.00  125,198.83    7.125     844.85    9/1/2004           95      0-29      6ML        5.125
35106509         179      118,700.00  118,321.41    6.875   1,058.64   10/1/2004        69.82      0-29      FIX            0
4000166626       359      195,000.00  194,865.80    7.875   1,413.89   10/1/2004          100      0-29      6ML            5
34720128         359      200,000.00  199,819.19      6.5   1,264.14   10/1/2004        83.33      0-29      FIX            0
34801647         359      465,000.00  465,000.00     6.99   2,708.63   10/1/2004        84.55      0-29      6ML        4.875
34861047         359      202,500.00  202,338.05    7.125   1,364.29   10/1/2004           90      0-29      6ML          5.5
35011295         359       97,500.00   97,411.86      6.5     616.27   10/1/2004        87.05      0-29      6ML        4.625
35011683         359      169,600.00  169,600.00        6        848   10/1/2004           80      0-29      6ML        4.125
35028083         358      425,000.00  424,149.44     5.99   2,545.36    9/1/2004         59.4      0-29      6ML         3.75
35243013         359       88,400.00   88,343.61     8.25     664.12   10/1/2004        79.93      0-29      6ML        6.125
34696328         358      172,000.00  171,688.17      6.5   1,087.16    9/1/2004           80      0-29      6ML        5.125
34697193         358      576,000.00  576,000.00    6.875   3,300.00    9/1/2004           90      0-29      6ML         4.75
34829978         359      130,800.00  130,707.68     7.75     937.07   10/1/2004           80      0-29      FIX            0
35024918         358      164,000.00  163,672.64        6     983.27    9/1/2004           80      0-29      6ML        4.375
35105550         359       44,600.00   44,567.72    7.625     315.68   10/1/2004        84.95      0-29      6ML            6
4000162723       358      202,500.00  202,475.00    6.375   1,075.78    9/1/2004           90      0-29      6ML         4.75
4000164579       359      252,000.00  252,000.00    5.375   1,128.75   10/1/2004           80      0-29      6ML        3.375
34654632         359       76,000.00   76,000.00    8.125     514.58   10/1/2004          100      0-29      6ML        5.875
35034339         359      250,000.00  250,000.00        8   1,666.67   10/1/2004          100      0-29      6ML        5.625
35190164         359      287,200.00  287,200.00    6.625   1,585.58   10/1/2004           80      0-29      6ML          4.5
34239533         359       58,400.00   58,400.00    8.375     407.58   10/1/2004           80      0-29      FIX            0
34654798         359       91,600.00   91,513.08     6.25        564   10/1/2004           80      0-29      6ML        4.375
35206200         359      189,000.00  189,000.00      7.5   1,181.25   10/1/2004           90      0-29      6ML            6
35245661         359      158,500.00  158,500.00    7.375     974.11   10/1/2004          100      0-29      6ML        5.125
4000169846       359      295,000.00  295,000.00     8.25   2,028.12   10/1/2004        89.94      0-29      6ML         6.25
4000171803       359      152,000.00  152,000.00        6        760   10/1/2004           80      0-29      6ML          4.5
34677278         359      580,350.00  580,350.00    5.875   2,841.30   10/1/2004           80      0-29      6ML          3.5
4000155843       359      140,000.00  140,000.00    7.625     889.58   10/1/2004         45.9      0-29      6ML         4.75
35131556         359      196,000.00  195,753.75     6.25   1,206.81   10/1/2004        78.09      0-29      6ML         3.75
35267459         359      300,000.00  300,000.00      7.5   1,875.00   10/1/2004          100      0-29      6ML        6.125
4000175260       359      136,000.00  136,000.00        7     793.33   10/1/2004           80      0-29      6ML        4.875
4000178711       359      236,250.00  236,056.31    6.999   1,571.62   10/1/2004           90      0-29      6ML        5.125
4000178712       359      121,500.00  121,430.10     8.75     955.84   10/1/2004          100      0-29      FIX            0
35344076         359      243,000.00  243,000.00    6.125   1,240.31   10/1/2004        84.67      0-29      6ML            5
34701078         359      160,000.00  159,818.58    8.125   1,188.00   10/1/2004          100      0-29      6ML          6.5
34898106         358      118,300.00  118,300.00     6.25     616.15    9/1/2004        79.97      0-29      6ML        4.125
4000172640       359      438,000.00  438,000.00     6.25   2,281.25   10/1/2004        94.99      0-29      6ML        5.125
34381509         359      140,250.00  140,160.56     8.25   1,053.66   10/1/2004           85      0-29      6ML            7
4000170320       359      150,100.00  149,970.76     6.75     973.55   10/1/2004           95      0-29      6ML         5.25
35151497         359       94,400.00   94,400.00      7.5        590   10/1/2004           80      0-29      6ML        5.625
34033357         359      604,800.00  604,351.15      7.5   4,228.85   10/1/2004           90      0-29      6ML        6.375
34611731         357       82,800.00   82,579.62    6.625     530.18    9/1/2004           80      0-29      FIX            0
34935536         359      112,100.00  112,005.82    6.875     736.42   10/1/2004           95      0-29      6ML        5.375
34714717         358       40,000.00   40,000.00     6.75        225   10/1/2004        66.67      0-29      FIX            0
35072628         358      131,850.00  131,653.67      7.5     921.92    9/1/2004           90      0-29      6ML         5.75
35264027         359      459,200.00  459,200.00    5.875   2,248.17   10/1/2004           80      0-29      6ML        3.875
34856062         359      245,100.00  244,913.49    7.375   1,692.85   10/1/2004           95      0-29      6ML         5.75
35248541         359      125,000.00  124,907.23      7.5     874.02   10/1/2004        99.21      0-29      6ML        5.625
34796888         358      192,500.00  192,500.00    7.625   1,223.18    9/1/2004         83.7      0-29      6ML        5.375
4000170869       359      522,500.00  522,102.42    7.375   3,608.78   10/1/2004           95      0-29      6ML        5.625
4000170289       359      106,250.00  106,153.95      6.5     671.57   10/1/2004         78.7      0-29      6ML            4
35079623         359       92,000.00   91,949.74        9     740.26   10/1/2004           80      0-29      FIX            0
4000169995       359      252,000.00  252,000.00    5.875   1,233.75   10/1/2004        79.75      0-29      6ML          3.5
35305069         359      227,000.00  227,000.00    7.625   1,442.40   10/1/2004        93.42      0-29      6ML        5.625
35029818         359      242,250.00  242,025.62    6.375   1,511.33   10/1/2004           95      0-29      6ML        5.125
4000167735       359      375,000.00  375,000.00    7.625   2,382.81   10/1/2004        82.42      0-29      6ML        5.875
4000165911       358      208,000.00  207,532.81    5.375   1,164.74    9/1/2004           80      0-29      6ML        3.625
4000166713       359      108,000.00  107,913.63    7.125     727.62   10/1/2004           80      0-29      FIX            0
34955013         359      250,000.00  250,000.00    6.875   1,432.29   10/1/2004           80      0-29      6ML         4.25
35030998         359      264,000.00  263,767.07    6.625   1,690.43   10/1/2004           80      0-29      6ML         4.75
35213370         359      302,550.00  302,550.00     6.25   1,575.78   10/1/2004        79.99      0-29      6ML         3.25
34793844         359      342,400.00  342,400.00    6.875   1,961.67   10/1/2004           80      0-29      6ML            5
35082254         359      108,000.00  107,899.97    6.375     673.78   10/1/2004           80      0-29      6ML          4.5
35082270         358       35,700.00   35,646.85      7.5     249.62    9/1/2004           85      0-29      6ML        5.125
4000175998       359      335,000.00  335,000.00        5   1,395.83   10/1/2004        79.98      0-29      6ML        3.625
34410837         359      132,300.00  132,219.84      8.5   1,017.28   10/1/2004           90      0-29      FIX            0
34901793         359      399,000.00  398,703.88      7.5   2,789.87   10/1/2004           95      0-29      6ML        6.375
4000163516       358      115,000.00  114,759.29     5.75     671.11    9/1/2004        67.25      0-29      6ML          3.5
34081109         359      157,500.00  157,402.10    8.375   1,197.12   10/1/2004           90      0-29      6ML        6.625
34859678         359      152,000.00  151,884.34    7.375   1,049.83   10/1/2004          100      0-29      6ML            6
35228139         359       60,000.00   60,000.00     7.25      362.5   10/1/2004           80      0-29      6ML         5.25
34834903         359      228,000.00  228,000.00      8.5   1,615.00   10/1/2004          100      0-29      6ML        6.875
4000176828       359      600,000.00  599,262.25    4.875   3,175.25   10/1/2004           50      0-29      6ML            3
4000170654       359      664,000.00  663,399.74      6.5   4,196.93   10/1/2004           80      0-29      6ML        4.625
34889568         358      138,000.00  137,818.83    8.125   1,024.65    9/1/2004        78.86      0-29      6ML         4.75
4000174293       359      133,000.00  132,936.28    9.625   1,130.49   10/1/2004           95      0-29      6ML        5.875
34524496         358       65,000.00   64,930.54    9.125     528.87   10/1/2004        63.73      0-29      FIX            0
35286152         359      175,000.00  175,000.00     6.75     984.38   10/1/2004          100      0-29      6ML        5.375
34584060         359      152,750.00  152,608.51    6.375     952.97   10/1/2004        79.99      0-29      6ML        4.875

<CAPTION>
             INITIAL  PERIODIC                           PREPAYMENT
  LOANID       CAP      CAP       FLOOR    CEILING          TERM                                PREPAYMENT PENALTY
--------------------------------------------------------------------------------------------------------------------------
<S>             <C>      <C>      <C>       <C>              <C>                        <C>
4000165087      3        1        8.625     14.625           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34993238        3        1        5.875     11.875           36                         min (2% prepaid, 60 days interest)
4000169626      0        0            0          0           36                              6 mo.s interest less 20% obal
34743401        3        1            6         12           24                              6 mo.s interest less 20% obal
33178716        3        1        7.125     13.125           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
33937061        0        0            0          0           36                                                 1% prepaid
34372268        3        1        6.875     12.875            0                                                       None
35250091        3        1         7.99      13.99           24                              6 mo.s interest less 20% obal
34964692        0        0            0          0           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000169114      0        0            0          0            0                                                       None
4000169143      3        1         7.75      13.75           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34756353        3        1          6.5       12.5           36                              6 mo.s interest less 20% obal
35145473        3        1         8.25      14.25            0                                                       None
4000165949      3        1        4.625     10.625           36                              6 mo.s interest less 20% obal
33016676        3        1        7.375     13.375           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000160664      3        1        7.875     13.875           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000162424      3        1        6.875     12.875            0                                                       None
34861351        3        1         7.25      13.25           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34558064        3        1            7         13            0                                                       None
4000165587      3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
33950593        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
34696955        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
4000169321      0        0            0          0           36                                                 1% prepaid
4000169627      3        1            8         14           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000163215      3        1            7         13            0                                                       None
4000165886      3        1        6.625     12.625           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34700138        3        1        7.125     13.125           12                              6 mo.s interest less 20% obal
35106509        0        0            0          0            0                                                       None
4000166626      3        1        7.875     13.875           24                              6 mo.s interest less 20% obal
34720128        0        0            0          0           36                              6 mo.s interest less 20% obal
34801647        3        1         6.99      12.99           24                              6 mo.s interest less 20% obal
34861047        3        1        7.125     13.125           12                              3%/2%/1%-1st yr/2nd yr/3rd yr
35011295        3        1          6.5       12.5            0                                                       None
35011683        3        1            6         12           36                              6 mo.s interest less 20% obal
35028083        3        1         5.99      11.99           36                              6 mo.s interest less 20% obal
35243013        3        1         8.25      14.25           36                              6 mo.s interest less 20% obal
34696328        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
34697193        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
34829978        0        0            0          0           36                                             3 mos interest
35024918        3        1            6         12           24                              6 mo.s interest less 20% obal
35105550        3        1        7.625     13.625           24                              6 mo.s interest less 20% obal
4000162723      3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
4000164579      3        1        5.375     11.375           24                              6 mo.s interest less 20% obal
34654632        3        1        8.125     14.125           24                              6 mo.s interest less 20% obal
35034339        3        1            8         14           24                              6 mo.s interest less 20% obal
35190164        3        1        6.625     12.625           36                              6 mo.s interest less 20% obal
34239533        0        0            0          0           36                              6 mo.s interest less 20% obal
34654798        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
35206200        3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
35245661        3        1        7.375     13.375            0                                                       None
4000169846      3        1         8.25      14.25           24                              6 mo.s interest less 20% obal
4000171803      3        1            6         12           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34677278        3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
4000155843      3        1        7.625     13.625            0                                                       None
35131556        3        1         6.25      12.25            0                                                       None
35267459        3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
4000175260      3        1            7         13           24                              6 mo.s interest less 20% obal
4000178711      3        1        6.999     12.999           24                              6 mo.s interest less 20% obal
4000178712      0        0            0          0           36                              6 mo.s interest less 20% obal
35344076        3        1        6.125     12.125           36                              6 mo.s interest less 20% obal
34701078        3        1        8.125     14.125           24                              6 mo.s interest less 20% obal
34898106        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
4000172640      3        1         6.25      12.25            0                                                       None
34381509        3        1         8.25      14.25            0                                                       None
4000170320      3        1         6.75      12.75           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35151497        3        1          7.5       13.5            0                                                       None
34033357        3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
34611731        0        0            0          0            0                                                       None
34935536        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
34714717        0        0            0          0           36                              6 mo.s interest less 20% obal
35072628        3        1          7.5       13.5            0                                                       None
35264027        3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
34856062        3        1        7.375     13.375           12                              3%/2%/1%-1st yr/2nd yr/3rd yr
35248541        3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
34796888        3        1        7.625     13.625           36                              6 mo.s interest less 20% obal
4000170869      3        1        7.375     13.375           12                              6 mo.s interest less 20% obal
4000170289      3        1          6.5       12.5           36                              6 mo.s interest less 20% obal
35079623        0        0            0          0            0                                                       None
4000169995      3        1        5.875     11.875           36                              6 mo.s interest less 20% obal
35305069        3        1        7.625     13.625           12                              6 mo.s interest less 20% obal
35029818        3        1        6.375     12.375           36                              6 mo.s interest less 20% obal
4000167735      3        1        7.625     13.625           24                              6 mo.s interest less 20% obal
4000165911      3        1        5.375     11.375           24                              6 mo.s interest less 20% obal
4000166713      0        0            0          0           36                              6 mo.s interest less 20% obal
34955013        3        1        6.875     12.875           36                              6 mo.s interest less 20% obal
35030998        3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
35213370        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
34793844        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
35082254        3        1        6.375     12.375           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35082270        3        1          7.5       13.5           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000175998      3        1            5         11           24                              6 mo.s interest less 20% obal
34410837        0        0            0          0           36                              6 mo.s interest less 20% obal
34901793        3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
4000163516      3        1         5.75      11.75           36                              6 mo.s interest less 20% obal
34081109        3        1        8.375     14.375           24                              6 mo.s interest less 20% obal
34859678        3        1        7.375     13.375           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35228139        3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
34834903        3        1          8.5       14.5           24                              6 mo.s interest less 20% obal
4000176828      3        1        4.875     10.875            0                                                       None
4000170654      3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
34889568        3        1        8.125     14.125           36                              6 mo.s interest less 20% obal
4000174293      3        1        9.625     15.625           24                              6 mo.s interest less 20% obal
34524496        0        0            0          0           36                              6 mo.s interest less 20% obal
35286152        3        1         6.75      12.75            0                                                       None
34584060        3        1        6.375     12.375           24                              6 mo.s interest less 20% obal

<CAPTION>
                                              PAYMENT
              FIRST RATE      RATE RESET       RESET                                  MI
  LOANID      RESET DATE       FREQUENCY     FREQUENCY  PURPOSE   DIV  IO    IOTERM  FLAG
-----------------------------------------------------------------------------------------
<S>           <C>                  <C>            <C>  <C>         <C>  <C>    <C>    <C>
4000165087      9/1/2006           6              6    Purchase    N    N       0     Y
34993238        9/1/2006           6              6    Purchase    N    Y      60     N
4000169626    00/00/0000           0              0    R/T Refi    N    N       0     N
34743401        8/1/2006           6              6    Purchase    N    Y      60     N
33178716        7/1/2006           6              6    C/O Refi    N    Y      60     N
33937061      00/00/0000           0              0    C/O Refi    N    N       0     N
34372268        9/1/2007           6              6    Purchase    N    Y      60     N
35250091        9/1/2006           6              6    Purchase    N    N       0     N
34964692      00/00/0000           0              0    C/O Refi    N    N       0     Y
4000169114    00/00/0000           0              0    C/O Refi    N    N       0     N
4000169143      9/1/2006           6              6    Purchase    N    N       0     Y
34756353        9/1/2007           6              6    Purchase    N    Y      60     N
35145473        9/1/2006           6              6    C/O Refi    N    Y      60     N
4000165949      9/1/2009           6              6    R/T Refi    N    N       0     N
33016676        9/1/2006           6              6    Purchase    N    Y      60     Y
4000160664      9/1/2006           6              6    C/O Refi    N    Y      60     N
4000162424      9/1/2007           6              6    Purchase    N    Y      60     N
34861351        9/1/2006           6              6    Purchase    N    N       0     N
34558064        8/1/2007           6              6    C/O Refi    N    N       0     N
4000165587      9/1/2006           6              6    C/O Refi    N    N       0     N
33950593        8/1/2006           6              6    Purchase    N    Y      60     N
34696955        8/1/2006           6              6    Purchase    N    Y      60     N
4000169321    00/00/0000           0              0    R/T Refi    N    N       0     N
4000169627      9/1/2006           6              6    Purchase    N    N       0     Y
4000163215      9/1/2006           6              6    Purchase    N    Y      60     N
4000165886      9/1/2006           6              6    C/O Refi    N    Y      60     N
34700138        8/1/2006           6              6    C/O Refi    N    N       0     N
35106509      00/00/0000           0              0    C/O Refi    N    N       0     N
4000166626      9/1/2006           6              6    Purchase    N    N       0     N
34720128      00/00/0000           0              0    C/O Refi    N    N       0     Y
34801647        9/1/2006           6              6    C/O Refi    N    Y      60     N
34861047        9/1/2006           6              6    C/O Refi    N    N       0     N
35011295        9/1/2006           6              6    C/O Refi    N    N       0     Y
35011683        9/1/2009           6              6    Purchase    N    Y      60     N
35028083        8/1/2007           6              6    C/O Refi    N    N       0     N
35243013        9/1/2007           6              6    R/T Refi    N    N       0     N
34696328        8/1/2006           6              6    Purchase    N    N       0     N
34697193        8/1/2009           6              6    C/O Refi    N    Y      60     Y
34829978      00/00/0000           0              0    Purchase    N    N       0     N
35024918        8/1/2006           6              6    Purchase    N    N       0     N
35105550        9/1/2006           6              6    Purchase    N    N       0     N
4000162723      8/1/2006           6              6    C/O Refi    N    Y      60     Y
4000164579      9/1/2006           6              6    Purchase    N    Y      60     N
34654632        9/1/2006           6              6    Purchase    N    Y      60     N
35034339        9/1/2006           6              6    Purchase    N    Y      60     N
35190164        9/1/2009           6              6    Purchase    N    Y      60     N
34239533      00/00/0000           0              0    R/T Refi    N    Y      60     N
34654798        9/1/2006           6              6    Purchase    N    N       0     N
35206200        9/1/2006           6              6    C/O Refi    N    Y      60     N
35245661        9/1/2006           6              6    Purchase    N    Y      60     N
4000169846      9/1/2006           6              6    C/O Refi    N    Y      60     N
4000171803      9/1/2006           6              6    Purchase    N    Y      60     N
34677278        9/1/2009           6              6    Purchase    N    Y      60     N
4000155843      9/1/2006           6              6    C/O Refi    N    Y      60     N
35131556        9/1/2006           6              6    C/O Refi    N    N       0     N
35267459        9/1/2006           6              6    Purchase    N    Y      60     N
4000175260      9/1/2006           6              6    Purchase    N    Y      60     N
4000178711      9/1/2006           6              6    Purchase    N    N       0     N
4000178712    00/00/0000           0              0    Purchase    N    N       0     N
35344076        9/1/2006           6              6    C/O Refi    N    Y      60     N
34701078        9/1/2006           6              6    Purchase    N    N       0     N
34898106        8/1/2006           6              6    Purchase    N    Y      60     N
4000172640      9/1/2007           6              6    Purchase    N    Y      60     Y
34381509        9/1/2006           6              6    Purchase    N    N       0     Y
4000170320      9/1/2006           6              6    R/T Refi    N    N       0     Y
35151497        9/1/2007           6              6    Purchase    N    Y      60     N
34033357        9/1/2006           6              6    Purchase    N    N       0     Y
34611731      00/00/0000           0              0    Purchase    N    N       0     N
34935536        9/1/2006           6              6    Purchase    N    N       0     Y
34714717      00/00/0000           0              0    C/O Refi    N    Y      60     N
35072628        8/1/2007           6              6    Purchase    N    N       0     Y
35264027        9/1/2006           6              6    Purchase    N    Y      60     N
34856062        9/1/2006           6              6    C/O Refi    N    N       0     Y
35248541        9/1/2006           6              6    Purchase    N    N       0     N
34796888        8/1/2009           6              6    C/O Refi    N    Y      60     N
4000170869      9/1/2006           6              6    R/T Refi    N    N       0     Y
4000170289      9/1/2009           6              6    R/T Refi    N    N       0     N
35079623      00/00/0000           0              0    Purchase    N    N       0     N
4000169995      9/1/2009           6              6    C/O Refi    N    Y      60     N
35305069        9/1/2006           6              6    C/O Refi    N    Y      60     Y
35029818        9/1/2007           6              6    Purchase    N    N       0     Y
4000167735      9/1/2006           6              6    C/O Refi    N    Y      60     N
4000165911      8/1/2006           6              6    Purchase    N    N       0     N
4000166713    00/00/0000           0              0    R/T Refi    N    N       0     N
34955013        9/1/2009           6              6    Purchase    N    Y      60     N
35030998        9/1/2006           6              6    C/O Refi    N    N       0     N
35213370        9/1/2009           6              6    Purchase    N    Y      60     N
34793844        9/1/2006           6              6    Purchase    N    Y      60     N
35082254        9/1/2006           6              6    C/O Refi    N    N       0     N
35082270        8/1/2006           6              6    Purchase    N    N       0     N
4000175998      9/1/2006           6              6    Purchase    N    Y      60     N
34410837      00/00/0000           0              0    R/T Refi    N    N       0     Y
34901793        9/1/2006           6              6    Purchase    N    N       0     Y
4000163516      8/1/2007           6              6    R/T Refi    N    N       0     N
34081109        9/1/2006           6              6    C/O Refi    N    N       0     Y
34859678        9/1/2006           6              6    Purchase    N    N       0     N
35228139        9/1/2006           6              6    Purchase    N    Y      60     N
34834903        9/1/2006           6              6    Purchase    N    Y      60     N
4000176828      9/1/2007           6              6    R/T Refi    N    N       0     N
4000170654      9/1/2006           6              6    Purchase    N    N       0     N
34889568        8/1/2009           6              6    C/O Refi    N    N       0     N
4000174293      9/1/2006           6              6    Purchase    N    N       0     Y
34524496      00/00/0000           0              0    C/O Refi    N    N       0     N
35286152        9/1/2007           6              6    Purchase    N    Y      60     N
34584060        9/1/2006           6              6    Purchase    N    N       0     N
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
                                                          PROPERTY                    ORIGINAL ORIGINATION  FIRST PAY   MATURITY
  LOANID              CITY                 ZIP    STATE     TYPE       OCCUPANCY        TERM      DATE        DATE        DATE
--------------------------------------------------------------------------------------------------------------------------------
<S>           <C>                         <C>       <C>   <C>        <C>                <C>     <C>         <C>         <C>
34677195      MISSION VIEJO               92692     CA       SFR     Owner Occupied     360     6/14/2004    8/1/2004   7/1/2034
4000159973    WHITTIER                    90604     CA       SFR     Owner Occupied     360     7/21/2004    9/1/2004   8/1/2034
35025949      LOS ANGELES                 90034     CA       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
35304468      LAS VEGAS                   89144     NV       PUD     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35113281      GARLAND                     75044     TX       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34795054      SAN DIEGO                   92117     CA       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
34221036      HOLDINGFORD                 56340     MN       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34280602      BRIDGE CITY                 77611     TX       SFR     Owner Occupied     360      7/8/2004    9/1/2004   8/1/2034
34829002      WEST ROXBURY                 2132     MA       SFR     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
4000168690    CONVERSE                    78109     TX       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
4000180305    ANTELOPE                    95843     CA       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000173761    CLINTON TOWNSHIP            48038     MI       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
35107770      CLEBURNE                    76033     TX       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
35160001      CONCORD                     28027     NC       PUD     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
4000167073    STRONGSVILLE                44136     OH       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
34870295      OAKFIELD                    11425     NY       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34380568      WILKES BARRE                18702     PA       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
34021881      CARROLLTON                  75007     TX       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
4000169622    YOUNGSTOWN                  44515     OH       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
35303692      NORTH LAS VEGAS             89031     NV       PUD     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
35263979      TURLOCK                     95382     CA       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
35243492      NEW ORLEANS                 70124     LA       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34590562      ARLINGTON                   98223     WA       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
4000160614    SPOKANE VALLEY              99016     WA       PUD     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
4000162666    GREENVILLE                  27834     NC       SFR     Owner Occupied     360      8/8/2004   10/1/2004   9/1/2034
34646109      SAINT LOUIS                 63116     MO       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34858035      CARY                        60013     IL       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
34658690      KANSAS CITY                 64030     MO       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35036219      RANCHO PALOS VERDES         90275     CA       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35124783      BOILINGBROOK                60440     IL       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
35076405      CHARLOTTE                   28212     NC       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35085067      COLUMBUS                    43209     OH       SFR     Owner Occupied     360      8/5/2004    9/1/2004   8/1/2034
34792150      SAN DIEGO                   92173     CA      Condo    Owner Occupied     360     7/23/2004    9/1/2004   8/1/2034
34700567      DEERFIELD BEACH             33442     FL      Condo    Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
4000163234    HEMPSTEAD                   11550     NY       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
34688184      CLERMONT                    34711     FL       SFR     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
35283639      PHILADELPHIA                19124     PA       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
34900282      MIAMI                       33175     FL       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
35008093      DENVER                      80239     CO       SFR     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
4000168625    CLINTON TOWNSHIP            48035     MI       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
35143726      POWDER SPRINGS              30127     GA       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
4000164713    BELLMORE                    11710     NY       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
33019050      INDIANAPOLIS                46227     IN       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34380378      PHILADELPHIA                19136     PA       SFR     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
4000175427    NORTH BABYLON               11703     NY       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35108489      BURLESON                    76028     TX       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34240101      PEORIA                      85382     AZ       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34524371      NIXA                        65714     MO       SFR     Owner Occupied     360     7/27/2004    9/1/2004   8/1/2034
35032689      POMONA                      91767     CA      Condo    Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
35034800      LOS ANGELES                 90003     CA       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
35184233      CORONA AREA                 92880     CA       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
34858746      WAUKEGAN                    60087     IL       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
34358457      SAN MARCOS                  92069     CA       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
35226810      SPRING HILL                 34606     FL       SFR        Investor        360     8/20/2004   10/1/2004   9/1/2034
4000165586    CORTLAND                    44410     OH       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
4000174397    DELHI                       95315     CA       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35023043      WALNUT                      91789     CA      Condo    Owner Occupied     360     7/27/2004    9/1/2004   8/1/2034
4000171741    BARBERTON                   44203     OH       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
34997510      CARVER                      55315     MN       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
35012020      GRAND JUNCTION              81506     CO       PUD     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35014422      CASTLE ROCK                 80104     CO       PUD     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
35263243      TRACY                       95377     CA       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
35112564      FORT WORTH                  76103     TX       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
34854257      MAYWOOD                     60153     IL       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
34526160      OVERLAND PARK               66213     KS       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
34645556      MAZOMANIE                   53560     WI       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
4000167502    BAKERSFIELD                 93309     CA       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
34021675      HOUSTON                     77084     TX       PUD     Owner Occupied     360      8/5/2004    9/1/2004   8/1/2034
34857466      TREVOR                      53179     WI       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
4000171051    PONTIAC                     48341     MI       SFR     Owner Occupied     360      9/1/2004   11/1/2004  10/1/2034
35007350      PARKER                      80134     CO       PUD     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
34648527      O'FALLON                    63303     MO       PUD        Investor        360      8/4/2004   10/1/2004   9/1/2034
4000163758    CHESANING                   48616     MI       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
4000160658    HURON                       44839     OH       SFR     Owner Occupied     360     7/21/2004    9/1/2004   8/1/2034
34588699      SPOKANE                     99208     WA       SFR     Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
4000175775    EAST TAWAS                  48730     MI       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
4000169470    BRAINTREE                    2184     MA       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35035146      LOS ANGELES                 90220     CA       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
34700302      TAMARAC                     33321     FL       PUD     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35079383      HUNTERSVILLE                28078     NC       PUD     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
4000150364    WALLINGFORD                  6492     CT       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
35129816      CHICAGO                     60634     IL       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000170786    VISALIA                     93291     CA       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
4000171651    SAN PABLO                   94806     CA       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
35111707      ROWLETT                     75088     TX       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
34737890      WEST VALLEY CITY            84120     UT       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
4000162703    SOUTH CHARLESTON            45368     OH       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
34713305      PASADENA                    91101     CA      Condo    Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
34021873      LAKE CHARLES                70601     LA       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
4000176528    MIAMI                       33178     FL      Condo    Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35205400      SAN DIEGO                   92108     CA      Condo    Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
4000174436    GRAND ISLAND                32735     FL       PUD     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35285691      PHILADELPHIA                19120     PA       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35111830      DENTON                      76210     TX       PUD     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34711457      BALDWIN PARK                91706     CA    Units 2-4  Owner Occupied     360     7/21/2004    9/1/2004   8/1/2034
35208008      SAN DIEGO                   92154     CA      Condo    Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
34936732      ROSEBURG                    97470     OR       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
35184191      PASADENA                    91106     CA      Condo    Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
34859207      CHICAGO                     60647     IL    Units 2-4  Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
4000172258    MIAMI                       33196     FL       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34231803      SANTA FE                    87508     NM       PUD     Owner Occupied     360     7/27/2004    9/1/2004   8/1/2034
34297713      GLENDORA                    91740     CA       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
4000167687    MIAMI                       33177     FL       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000177362    HOUSTON                     77084     TX       PUD     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
4000167970    FOOTHILL RANCH              92610     CA       PUD     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034

<CAPTION>
                                                                                      ORIGINAL
                                                                                      COMBAINED
              REMAINING     ORIGINAL   SCHEDULED                       PAID THRU       LOAN TO      OTS
  LOANID        TERM        BALANCE     BALANCE      RATE      P&I        DATE          VALUE   DELINQUENCY INDEX       MARGIN
------------------------------------------------------------------------------------------------------------------------------
<S>              <C>      <C>         <C>           <C>     <C>        <C>              <C>        <C>       <C>        <C>
34677195         357      573,750.00  573,750.00      5.5   2,629.69    9/1/2004           85      0-29      6ML        4.375
4000159973       358      355,000.00  354,416.20    6.999   2,361.59    9/1/2004        89.87      0-29      FIX            0
35025949         359      800,000.00  800,000.00      6.5   4,333.33   10/1/2004        79.29      0-29      6ML          3.5
35304468         359      174,950.00  174,810.09    7.125   1,178.68   10/1/2004           50      0-29      6ML        5.375
35113281         359       89,550.00   89,550.00    8.125     606.33   10/1/2004           90      0-29      6ML         6.25
34795054         359      355,000.00  355,000.00    5.375   1,590.10   10/1/2004        63.96      0-29      6ML         3.25
34221036         359      108,000.00  108,000.00    8.375     753.75   10/1/2004           90      0-29      6ML          6.5
34280602         358       40,000.00   39,913.22    6.375     249.55   11/1/2004        66.67      0-29      6ML        3.875
34829002         359      214,000.00  213,820.21    6.875   1,405.83    2/1/2005        60.62      0-29      6ML        4.875
4000168690       359      140,250.00  140,250.00    7.875     920.39   10/1/2004           85      0-29      6ML        5.875
4000180305       359      242,750.00  242,750.00     6.25   1,264.32   10/1/2004        64.73      0-29      6ML            4
4000173761       359      255,000.00  255,000.00     6.25   1,328.12   10/1/2004          100      0-29      6ML         5.25
35107770         359      105,000.00  104,922.07      7.5     734.18   10/1/2004           75      0-29      FIX            0
35160001         359      125,250.00  125,250.00    6.625     691.48   10/1/2004        79.99      0-29      6ML         4.75
4000167073       359      208,800.00  208,800.00    5.999   1,043.83   10/1/2004           80      0-29      6ML         3.75
34870295         359       25,500.00   25,487.46      9.5     214.42   10/1/2004           75      0-29      6ML        6.625
34380568         359       56,000.00   55,961.46    7.875     406.04   10/1/2004           80      0-29      FIX            0
34021881         359      160,000.00  159,872.05    7.125   1,077.95   10/1/2004        58.39      0-29      FIX            0
4000169622       359       80,300.00   80,229.15    6.625     514.17   10/1/2004        84.97      0-29      6ML         5.75
35303692         359      208,000.00  208,000.00      7.5   1,300.00   10/1/2004           65      0-29      6ML         5.25
35263979         359      308,500.00  308,500.00    8.125   2,088.80   10/1/2004        82.27      0-29      6ML          5.5
35243492         359      202,500.00  201,593.56     8.25   1,521.32   10/1/2004           75      0-29      6ML        5.375
34590562         359      220,800.00  220,800.00     5.99   1,102.16   11/1/2004           80      0-29      6ML        4.125
4000160614       358      133,940.00  133,696.77      6.5     846.59    9/1/2004           80      0-29      6ML        4.375
4000162666       359      184,000.00  184,000.00     7.75   1,188.33   10/1/2004           80      0-29      6ML        4.875
34646109         359       95,000.00   94,945.34     8.75     747.37   10/1/2004           95      0-29      FIX            0
34858035         359      217,700.00  217,534.35    7.375   1,503.60   10/1/2004        93.84      0-29      6ML          5.5
34658690         359       50,000.00   49,969.71      8.5     384.46   10/1/2004          100      0-29      6ML        6.625
35036219         359      639,200.00  639,200.00    6.125   3,262.58   10/1/2004           80      0-29      6ML          3.5
35124783         359      287,750.00  287,483.48    6.375   1,795.19   10/1/2004        90.77      0-29      6ML        5.125
35076405         359      103,500.00  103,430.78    8.125     768.49   10/1/2004           90      0-29      6ML            5
35085067         358       75,600.00   75,568.13     7.75     488.25   10/1/2004           90      0-29      6ML        6.125
34792150         358      268,000.00  268,000.00    6.375   1,423.75    9/1/2004           80      0-29      6ML         4.25
34700567         359       75,000.00   74,941.49     7.25     511.64   10/1/2004        49.67      0-29      FIX            0
4000163234       359      323,300.00  323,104.14      8.5   2,485.90   10/1/2004          100      0-29      6ML        5.625
34688184         358      139,920.00  139,920.00    6.625     772.48    9/1/2004           80      0-29      6ML        4.625
35283639         359       50,000.00   49,970.48    8.625      388.9   10/1/2004          100      0-29      FIX            0
34900282         359      240,000.00  239,838.63     7.99   1,759.37   10/1/2004        77.42      0-29      FIX            0
35008093         359      144,000.00  144,000.00    6.125        735   10/1/2004           80      0-29      6ML         4.25
4000168625       359      118,650.00  118,575.44      8.5     912.32   10/1/2004           95      0-29      FIX            0
35143726         359      129,105.00  129,105.00      7.5     902.73   10/1/2004           95      0-29      FIX            0
4000164713       359       90,000.00   90,000.00     7.75     581.25   10/1/2004        27.27      0-29      6ML        5.125
33019050         359      164,000.00  163,900.65      8.5   1,261.02   10/1/2004          100      0-29      6ML          6.5
34380378         358       80,750.00   80,643.99    8.125     599.57    9/1/2004        73.41      0-29      6ML         5.75
4000175427       359      303,850.00  303,612.97     7.25   2,072.79   10/1/2004          100      0-29      6ML        5.875
35108489         359      108,000.00  107,902.36      6.5     682.64   10/1/2004           80      0-29      6ML          4.5
34240101         359      160,800.00  160,800.00    5.875     787.25   10/1/2004           80      0-29      6ML        4.125
34524371         358       92,150.00   92,025.91        8     676.17   10/1/2004           95      0-29      FIX            0
35032689         359      184,000.00  184,000.00     6.25     958.33   10/1/2004           80      0-29      6ML        4.125
35034800         359      202,500.00  202,345.37    7.625   1,433.29   10/1/2004           90      0-29      6ML        5.875
35184233         359      456,450.00  456,450.00     5.99   2,278.45   10/1/2004        79.99      0-29      6ML        4.125
34858746         359      101,000.00  100,932.22        8     741.11   10/1/2004        79.97      0-29      FIX            0
34358457         359      276,000.00  276,000.00     5.99   1,377.70   10/1/2004           80      0-29      6ML            4
35226810         359       99,000.00   99,000.00        7      577.5   10/1/2004           90      0-29      6ML         4.75
4000165586       359      109,800.00  109,736.83     8.75      863.8   10/1/2004        89.85      0-29      6ML            7
4000174397       359      285,000.00  284,773.44    6.625   1,573.44   10/1/2004          100      0-29      6ML            5
35023043         358      278,400.00  278,400.00     5.99   1,389.68    9/1/2004           80      0-29      6ML        3.875
4000171741       359       91,900.00   91,839.89    8.125     682.35   10/1/2004        79.98      0-29      6ML            6
34997510         359      130,000.00  129,898.59     7.25     886.83   10/1/2004        56.77      0-29      6ML         4.75
35012020         359      175,000.00  175,000.00     7.25   1,057.29   10/1/2004        92.11      0-29      6ML        5.625
35014422         359      185,600.00  185,600.00    5.625        870   10/1/2004           80      0-29      6ML        3.625
35263243         359      423,200.00  423,200.00        6   2,116.00   10/1/2004           80      0-29      6ML        3.625
35112564         359       61,500.00   61,456.59     7.75      440.6   10/1/2004        85.42      0-29      6ML        6.125
34854257         359      148,500.00  148,400.35        8   1,089.65   10/1/2004           90      0-29      6ML            5
34526160         359      237,500.00  237,305.32        7   1,580.10   10/1/2004           95      0-29      6ML          5.5
34645556         359      140,000.00  139,888.04    7.125     943.21   10/1/2004           80      0-29      6ML            5
4000167502       359      116,000.00  115,904.90    6.999     771.67   10/1/2004           80      0-29      FIX            0
34021675         358      148,900.00  148,900.00    7.125     884.09    9/1/2004        79.97      0-29      6ML         4.75
34857466         359      348,500.00  348,207.21    6.875   2,289.40   10/1/2004           85      0-29      6ML         4.75
4000171051       360      131,000.00  131,000.00    8.125     972.67   11/1/2004          100      0-29      6ML        6.375
35007350         359      140,400.00  140,400.00    6.375     745.88   10/1/2004           80      0-29      6ML          4.5
34648527         359      234,000.00  234,000.00     7.25   1,413.75   10/1/2004           90      0-29      6ML        5.125
4000163758       359      133,000.00  132,875.29     7.25     907.29   10/1/2004           95      0-29      6ML          5.5
4000160658       358      113,000.00  112,847.81    7.999     829.08   10/1/2004         83.7      0-29      FIX            0
34588699         358      110,500.00  110,347.40    7.875     801.21    9/1/2004           85      0-29      6ML        5.875
4000175775       359       90,000.00   89,939.61        8     660.39   10/1/2004           90      0-29      6ML          6.5
4000169470       359      260,000.00  260,000.00    6.375   1,381.25   10/1/2004           80      0-29      6ML            4
35035146         359      504,000.00  504,000.00     6.75   2,835.00   10/1/2004           80      0-29      6ML          4.5
34700302         359      176,850.00  176,850.00     7.25   1,068.47   10/1/2004           90      0-29      6ML          5.5
35079383         359      105,000.00  105,000.00     5.75     503.13   10/1/2004        79.99      0-29      6ML            4
4000150364       359      192,000.00  192,000.00     6.75   1,080.00   10/1/2004           80      0-29      6ML          4.5
35129816         359      251,750.00  251,493.33    5.875   1,489.20   10/1/2004           95      0-29      6ML        4.875
4000170786       359       88,000.00   88,000.00    6.875     504.17   10/1/2004           80      0-29      6ML        4.875
4000171651       359      309,000.00  309,000.00    6.125   1,577.19   10/1/2004        83.51      0-29      6ML         4.25
35111707         359      147,200.00  147,073.26     6.75     954.74   10/1/2004           80      0-29      6ML        4.375
34737890         359      129,600.00  129,600.00    6.125      661.5   10/1/2004           80      0-29      6ML            4
4000162703       359      149,600.00  149,499.60    7.999   1,097.61   10/1/2004           85      0-29      FIX            0
34713305         359      320,000.00  320,000.00        6   1,600.00   10/1/2004           80      0-29      6ML        3.375
34021873         359       76,000.00   75,951.53     8.25     570.97   10/1/2004           95      0-29      FIX            0
4000176528       359      144,000.00  144,000.00     5.75        690   10/1/2004           80      0-29      6ML        3.375
35205400         359      441,750.00  441,750.00      6.5   2,392.81   10/1/2004        79.99      0-29      6ML            4
4000174436       359      134,000.00  134,000.00     8.25     921.25   10/1/2004        84.54      0-29      6ML        6.375
35285691         359       67,000.00   66,952.71     7.75        480   10/1/2004          100      0-29      6ML        5.875
35111830         359       60,000.00   59,952.01    7.125     404.24   10/1/2004        23.06      0-29      6ML        2.875
34711457         358      400,000.00  400,000.00        6   2,000.00    9/1/2004        77.67      0-29      6ML          4.5
35208008         359      264,000.00  264,000.00    5.625   1,237.50   10/1/2004           80      0-29      6ML        3.875
34936732         359      260,000.00  260,000.00      6.5   1,408.33   10/1/2004           80      0-29      6ML        4.375
35184191         359      266,000.00  266,000.00      6.5   1,440.83   10/1/2004           95      0-29      6ML            5
34859207         359      260,000.00  259,802.14    7.375   1,795.76   10/1/2004        60.19      0-29      6ML        3.375
4000172258       359      173,550.00  173,424.39    7.625   1,228.38   10/1/2004           65      0-29      FIX            0
34231803         358      287,850.00  287,388.25    7.125   1,939.30    9/1/2004           95      0-29      6ML            6
34297713         359      329,000.00  329,000.00     8.25   2,261.88   10/1/2004        79.85      0-29      FIX            0
4000167687       359      167,250.00  167,156.23    8.875   1,330.72   10/1/2004           75      0-29      6ML            6
4000177362       359      109,900.00  109,255.81    8.375     835.32   10/1/2004          100      0-29      FIX            0
4000167970       359      548,000.00  548,000.00    5.875   2,682.92   10/1/2004           80      0-29      6ML         3.75

<CAPTION>
             INITIAL  PERIODIC                           PREPAYMENT
  LOANID       CAP      CAP       FLOOR    CEILING          TERM                                PREPAYMENT PENALTY
--------------------------------------------------------------------------------------------------------------------------
<S>             <C>      <C>      <C>       <C>              <C>                        <C>
34677195        1        1          5.5       11.5           24                              6 mo.s interest less 20% obal
4000159973      0        0            0          0           36                              6 mo.s interest less 20% obal
35025949        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
35304468        3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
35113281        3        1        8.125     14.125           24                              6 mo.s interest less 20% obal
34795054        3        1        5.375     11.375           24                              6 mo.s interest less 20% obal
34221036        3        1        8.375     14.375           12                         min (2% prepaid, 60 days interest)
34280602        3        1        6.375     12.375            0                                                       None
34829002        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
4000168690      3        1        7.875     13.875           24                              6 mo.s interest less 20% obal
4000180305      3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
4000173761      3        1         6.25      12.25           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35107770        0        0            0          0            0                                                       None
35160001        3        1        6.625     12.625            0                                                       None
4000167073      3        1        5.999     11.999           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34870295        3        1          9.5       15.5            0                                                       None
34380568        0        0            0          0           36                              6 mo.s interest less 20% obal
34021881        0        0            0          0            0                                                       None
4000169622      3        1        6.625     12.625           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35303692        3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
35263979        3        1        8.125     14.125           36                              6 mo.s interest less 20% obal
35243492        3        1         8.25      14.25           24                              6 mo.s interest less 20% obal
34590562        3        1         5.99      11.99           24                              6 mo.s interest less 20% obal
4000160614      3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
4000162666      3        1         7.75      13.75            0                                                       None
34646109        0        0            0          0           36                                                 2% prepaid
34858035        3        1        7.375     13.375           12                              3%/2%/1%-1st yr/2nd yr/3rd yr
34658690        3        1          8.5       14.5           24                                                 2% prepaid
35036219        3        1        6.125     12.125            0                                                       None
35124783        3        1        6.375     12.375           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35076405        3        1        8.125     14.125            0                                                       None
35085067        3        1         7.75      13.75           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34792150        3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
34700567        0        0            0          0           36                              6 mo.s interest less 20% obal
4000163234      3        1          8.5       14.5            0                                                       None
34688184        3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
35283639        0        0            0          0            0                                                       None
34900282        0        0            0          0           36                              6 mo.s interest less 20% obal
35008093        3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
4000168625      0        0            0          0           24                                                 1% prepaid
35143726        0        0            0          0            0                                                       None
4000164713      3        1         7.75      13.75            0                                                       None
33019050        3        1          8.5       14.5           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34380378        3        1        8.125     14.125           24                              6 mo.s interest less 20% obal
4000175427      3        1         7.25      13.25            0                                                       None
35108489        3        1          6.5       12.5           36                              6 mo.s interest less 20% obal
34240101        3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
34524371        0        0            0          0           36                                                 2% prepaid
35032689        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
35034800        3        1        7.625     13.625           24                              6 mo.s interest less 20% obal
35184233        3        1         5.99      11.99           24                              6 mo.s interest less 20% obal
34858746        0        0            0          0            0                                                       None
34358457        3        1         5.99      11.99           24                              6 mo.s interest less 20% obal
35226810        3        1            7         13           24                              6 mo.s interest less 20% obal
4000165586      3        1         8.75      14.75           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000174397      3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
35023043        3        1         5.99      11.99           36                              6 mo.s interest less 20% obal
4000171741      3        1        8.125     14.125           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34997510        3        1         7.25      13.25           36                         min (2% prepaid, 60 days interest)
35012020        3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
35014422        3        1        5.625     11.625           24                              6 mo.s interest less 20% obal
35263243        3        1            6         12           36                              6 mo.s interest less 20% obal
35112564        3        1         7.75      13.75           24                              6 mo.s interest less 20% obal
34854257        3        1            8         14           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34526160        3        1            7         13           24                              6 mo.s interest less 20% obal
34645556        3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
4000167502      0        0            0          0           36                              6 mo.s interest less 20% obal
34021675        3        1        7.125     13.125           36                              6 mo.s interest less 20% obal
34857466        3        1        6.875     12.875           12                              6 mo.s interest less 20% obal
4000171051      3        1        8.125     14.125           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35007350        3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
34648527        3        1         7.25      13.25           24                                                 2% prepaid
4000163758      3        1         7.25      13.25           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000160658      0        0            0          0           36                                                 1% prepaid
34588699        3        1        7.875     13.875           36                              6 mo.s interest less 20% obal
4000175775      3        1            8         14           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000169470      3        1        6.375     12.375           12                              6 mo.s interest less 20% obal
35035146        3        1         6.75      12.75           36                              6 mo.s interest less 20% obal
34700302        3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
35079383        3        1         5.75      11.75            0                                                       None
4000150364      3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
35129816        3        1        5.875     11.875           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000170786      3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
4000171651      3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
35111707        3        1         6.75      12.75            0                                                       None
34737890        3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
4000162703      0        0            0          0           36                                                 1% prepaid
34713305        3        1            6         12           36                              6 mo.s interest less 20% obal
34021873        0        0            0          0           36                              6 mo.s interest less 20% obal
4000176528      3        1         5.75      11.75           36                              6 mo.s interest less 20% obal
35205400        3        1          6.5       12.5            0                                                       None
4000174436      3        1         8.25      14.25           36                              6 mo.s interest less 20% obal
35285691        3        1         7.75      13.75           24                              6 mo.s interest less 20% obal
35111830        3        1        7.125     13.125            0                                                       None
34711457        3        1            6         12           36                              6 mo.s interest less 20% obal
35208008        3        1        5.625     11.625           36                              6 mo.s interest less 20% obal
34936732        3        1          6.5       12.5           36                              6 mo.s interest less 20% obal
35184191        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
34859207        3        1        7.375     13.375           12                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000172258      0        0            0          0           36                              6 mo.s interest less 20% obal
34231803        3        1        7.125     13.125            0                                                       None
34297713        0        0            0          0           36                              6 mo.s interest less 20% obal
4000167687      3        1        8.875     14.875           36                              6 mo.s interest less 20% obal
4000177362      0        0            0          0           36                              6 mo.s interest less 20% obal
4000167970      3        1        5.875     11.875           36                              6 mo.s interest less 20% obal

<CAPTION>
                                              PAYMENT
              FIRST RATE      RATE RESET       RESET                                  MI
  LOANID      RESET DATE       FREQUENCY     FREQUENCY  PURPOSE   DIV  IO    IOTERM  FLAG
-----------------------------------------------------------------------------------------
<S>           <C>                  <C>            <C>  <C>         <C>  <C>    <C>    <C>
34677195        1/1/2005           6              6    Purchase    N    Y      60     Y
4000159973    00/00/0000           0              0    R/T Refi    N    N       0     Y
35025949        9/1/2009           6              6    Purchase    N    Y      60     N
35304468        9/1/2006           6              6    Purchase    N    N       0     N
35113281        9/1/2006           6              6    Purchase    N    Y      60     N
34795054        9/1/2006           6              6    Purchase    N    Y      60     N
34221036        9/1/2006           6              6    Purchase    N    Y      60     Y
34280602        8/1/2006           6              6    C/O Refi    N    N       0     N
34829002        9/1/2006           6              6    C/O Refi    N    N       0     N
4000168690      9/1/2006           6              6    Purchase    N    Y      60     N
4000180305      9/1/2006           6              6    C/O Refi    N    Y      60     N
4000173761      9/1/2006           6              6    Purchase    N    Y      60     N
35107770      00/00/0000           0              0    C/O Refi    N    N       0     N
35160001        9/1/2006           6              6    Purchase    N    Y      60     N
4000167073      9/1/2009           6              6    Purchase    N    Y      60     N
34870295        9/1/2007           6              6    Purchase    N    N       0     N
34380568      00/00/0000           0              0    C/O Refi    N    N       0     N
34021881      00/00/0000           0              0    C/O Refi    N    N       0     N
4000169622      9/1/2006           6              6    Purchase    N    N       0     Y
35303692        9/1/2006           6              6    C/O Refi    N    Y      60     N
35263979        9/1/2007           6              6    C/O Refi    N    Y      60     N
35243492        9/1/2006           6              6    C/O Refi    N    N       0     N
34590562        9/1/2006           6              6    Purchase    N    Y      60     N
4000160614      8/1/2009           6              6    Purchase    N    N       0     N
4000162666      9/1/2009           6              6    R/T Refi    N    Y      60     N
34646109      00/00/0000           0              0    R/T Refi    N    N       0     Y
34858035        9/1/2006           6              6    C/O Refi    N    N       0     Y
34658690        9/1/2006           6              6    C/O Refi    N    N       0     N
35036219        9/1/2006           6              6    Purchase    N    Y      60     N
35124783        9/1/2006           6              6    C/O Refi    N    N       0     Y
35076405        9/1/2007           6              6    Purchase    N    N       0     Y
35085067        8/1/2006           6              6    Purchase    N    Y      60     N
34792150        8/1/2006           6              6    Purchase    N    Y      60     N
34700567      00/00/0000           0              0    C/O Refi    N    N       0     N
4000163234      9/1/2006           6              6    Purchase    N    N       0     N
34688184        8/1/2006           6              6    Purchase    N    Y      60     N
35283639      00/00/0000           0              0    Purchase    N    N       0     Y
34900282      00/00/0000           0              0    C/O Refi    N    N       0     N
35008093        9/1/2006           6              6    C/O Refi    N    Y      60     N
4000168625    00/00/0000           0              0    Purchase    N    N       0     Y
35143726      00/00/0000           0              0    Purchase    N    Y      60     Y
4000164713      9/1/2006           6              6    C/O Refi    N    Y      60     N
33019050        9/1/2006           6              6    Purchase    N    N       0     N
34380378        8/1/2006           6              6    C/O Refi    N    N       0     N
4000175427      9/1/2007           6              6    Purchase    N    N       0     N
35108489        9/1/2009           6              6    Purchase    N    N       0     N
34240101        9/1/2006           6              6    Purchase    N    Y      60     N
34524371      00/00/0000           0              0    C/O Refi    N    N       0     N
35032689        9/1/2006           6              6    Purchase    N    Y      60     N
35034800        9/1/2006           6              6    C/O Refi    N    N       0     Y
35184233        9/1/2006           6              6    Purchase    N    Y      60     N
34858746      00/00/0000           0              0    Purchase    N    N       0     N
34358457        9/1/2006           6              6    Purchase    N    Y      60     N
35226810        9/1/2006           6              6    Purchase    N    Y      60     Y
4000165586      9/1/2006           6              6    Purchase    N    N       0     Y
4000174397      9/1/2006           6              6    Purchase    N    Y      60     N
35023043        8/1/2007           6              6    Purchase    N    Y      60     N
4000171741      9/1/2006           6              6    Purchase    N    N       0     N
34997510        9/1/2007           6              6    C/O Refi    N    N       0     N
35012020        9/1/2006           6              6    R/T Refi    N    Y      60     Y
35014422        9/1/2006           6              6    Purchase    N    Y      60     N
35263243        9/1/2009           6              6    Purchase    N    Y      60     N
35112564        9/1/2006           6              6    R/T Refi    N    N       0     N
34854257        9/1/2006           6              6    C/O Refi    N    N       0     N
34526160        9/1/2006           6              6    R/T Refi    N    N       0     Y
34645556        9/1/2006           6              6    C/O Refi    N    N       0     N
4000167502    00/00/0000           0              0    R/T Refi    N    N       0     N
34021675        8/1/2009           6              6    Purchase    N    Y      60     N
34857466        9/1/2006           6              6    C/O Refi    N    N       0     Y
4000171051     10/1/2006           6              6    Purchase    N    N       0     N
35007350        9/1/2006           6              6    Purchase    N    Y      60     N
34648527        9/1/2006           6              6    Purchase    N    Y      60     Y
4000163758      9/1/2006           6              6    C/O Refi    N    N       0     Y
4000160658    00/00/0000           0              0    R/T Refi    N    N       0     N
34588699        8/1/2007           6              6    C/O Refi    N    N       0     Y
4000175775      9/1/2007           6              6    R/T Refi    N    N       0     N
4000169470      9/1/2006           6              6    Purchase    N    Y      60     N
35035146        9/1/2009           6              6    Purchase    N    Y      60     N
34700302        9/1/2009           6              6    Purchase    N    Y      60     N
35079383        9/1/2006           6              6    Purchase    N    Y      60     N
4000150364      9/1/2009           6              6    Purchase    N    Y      60     N
35129816        9/1/2006           6              6    Purchase    N    N       0     N
4000170786      9/1/2006           6              6    Purchase    N    Y      60     N
4000171651      9/1/2006           6              6    C/O Refi    N    Y      60     Y
35111707        9/1/2009           6              6    C/O Refi    N    N       0     N
34737890        9/1/2006           6              6    Purchase    N    Y      60     N
4000162703    00/00/0000           0              0    C/O Refi    N    N       0     Y
34713305        9/1/2009           6              6    Purchase    N    Y      60     N
34021873      00/00/0000           0              0    C/O Refi    N    N       0     Y
4000176528      9/1/2007           6              6    Purchase    N    Y      60     N
35205400        9/1/2006           6              6    Purchase    N    Y      60     N
4000174436      9/1/2007           6              6    C/O Refi    N    Y      60     N
35285691        9/1/2006           6              6    C/O Refi    N    N       0     Y
35111830        9/1/2006           6              6    Purchase    N    N       0     N
34711457        8/1/2006           6              6    Purchase    N    Y      60     N
35208008        9/1/2006           6              6    Purchase    N    Y      60     N
34936732        9/1/2007           6              6    C/O Refi    N    Y      60     N
35184191        9/1/2006           6              6    Purchase    N    Y      60     Y
34859207        9/1/2006           6              6    C/O Refi    N    N       0     N
4000172258    00/00/0000           0              0    Purchase    N    N       0     N
34231803        8/1/2006           6              6    Purchase    N    N       0     Y
34297713      00/00/0000           0              0    C/O Refi    N    Y      60     N
4000167687      9/1/2007           6              6    C/O Refi    N    N       0     N
4000177362    00/00/0000           0              0    Purchase    N    N       0     Y
4000167970      9/1/2009           6              6    C/O Refi    N    Y      60     N
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
                                                          PROPERTY                    ORIGINAL ORIGINATION  FIRST PAY   MATURITY
  LOANID              CITY                 ZIP    STATE     TYPE       OCCUPANCY        TERM      DATE        DATE        DATE
--------------------------------------------------------------------------------------------------------------------------------
<S>           <C>                         <C>       <C>   <C>        <C>                <C>     <C>         <C>         <C>
35032564      LONG BEACH                  90806     CA       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
34939041      WILSONVILLE                 97070     OR      Condo    Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35125459      CHICAGO                     60639     IL    Units 2-4  Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
35114602      EDINBURG                    78539     TX       PUD     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34800599      CHULA VISTA                 91911     CA       PUD     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
35234657      THE VILLAGES                32162     FL       PUD     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
34992354      SAINT PAUL                  55104     MN       SFR     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
34079400      LAS VEGAS                   89123     NV       PUD     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
34737387      SAINT GEORGE                84790     UT       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
4000177006    ANTELOPE                    95843     CA       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35196617      CARSON                      90745     CA      Condo    Owner Occupied     180     8/24/2004   10/1/2004   9/1/2019
4000175138    PORTERVILLE                 93257     CA       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
34948091      LAKEWOOD                    90712     CA       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
35030691      LANCASTER                   93534     CA       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
34720425      UPLAND                      91784     CA       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
34861112      GARY                        46403     IN       SFR        Investor        360      8/2/2004   10/1/2004   9/1/2034
4000167946    CORAL GABLES                33134     FL       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34017152      HOUSTON                     77092     TX       SFR     Owner Occupied     360      8/5/2004    9/1/2004   8/1/2034
34931600      ALOHA                       97006     OR       SFR     Owner Occupied     360     7/27/2004    9/1/2004   8/1/2034
35129212      BEACH PARK                  60087     IL       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35264381      MONTCLAIR                   91763     CA       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
35266154      BALDWIN PARK                91706     CA       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
4000172678    SAN JOSE                    95126     CA       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
4000172711    OXNARD                      93030     CA       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
4000175848    BRUNSWICK                   44212     OH      Condo    Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35183375      PLUMAS LAKE                 95961     CA       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
34416370      VANCOUVER                   98682     WA       SFR     Owner Occupied     360     7/26/2004    9/1/2004   8/1/2034
34238378      AVONDALE                    85323     AZ       PUD     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
4000166645    MILTON                      32583     FL       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
4000174606    ANTELOPE                    95843     CA       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34989970      RICHFIELD                   55423     MN       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
34081737      DAYTON                      89403     NV       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34795609      EL CAJON                    92019     CA       PUD     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35124478      ROSELLE                     60172     IL      Condo    Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
34543926      CARROLLTON                  75006     TX       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
34719161      CANYON LAKE                 92587     CA       PUD     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
4000175638    FRESNO                      93704     CA       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
35305507      LAS VEGAS                   89129     NV       PUD     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34364547      FRANKLIN                     7416     NJ       SFR     Owner Occupied     360     5/21/2004    7/1/2004   6/1/2034
35223825      KISSIMMEE                   34743     FL       PUD     Owner Occupied     360      8/2/2004    9/1/2004   8/1/2034
35284876      JACKSON                      8527     NJ       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34920843      MARIETTA                    30008     GA       SFR     Owner Occupied     360      8/2/2004    9/1/2004   8/1/2034
4000143337    RIVERVIEW                   33569     FL       SFR     Owner Occupied     360     6/10/2004    8/1/2004   7/1/2034
35123181      STREAMWOOD                  60107     IL       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
4000161335    LA VERNE                    91750     CA       SFR     Owner Occupied     360     7/22/2004   10/1/2004   9/1/2034
35266865      BARSTOW                     92311     CA       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35110295      SAN ANTONIO                 78201     TX       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
35110386      NORTH RICHLAND HILLS        76180     TX       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
4000167423    STERLING HEIGHTS            48310     MI       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
35285428      EAST ORANGE                  7018     NJ       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
35030261      RANCHO PALOS VERDES         90275     CA      Condo    Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
34756791      WILMINGTON                  19803     DE       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
4000165264    GILROY                      95020     CA       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
35247154      FRIENDSWOOD                 77546     TX       PUD     Owner Occupied     180     8/19/2004   10/1/2004   9/1/2019
35302868      HENDERSON                   89014     NV       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
34699884      BOCA RATON                  33433     FL       PUD     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
34793596      CALABASAS                   91301     CA      Condo    Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
34377846      POTTSTOWN                   19464     PA       SFR        Investor        360      8/2/2004    9/1/2004   8/1/2034
34377853      POTTSTOWN                   19464     PA       SFR        Investor        360      8/2/2004    9/1/2004   8/1/2034
35077338      DURHAM                      27704     NC       PUD     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
34697789      MIAMI                       33172     FL      Condo    Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
35023159      FONTANA                     92336     CA       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
35033281      RIALTO                      92377     CA       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
35011444      AURORA                      80015     CO       PUD     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
35131937      FLOSSMOOR                   60422     IL       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34792895      CHULA VISTA                 91915     CA       PUD     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35193176      SAN JUAN BAUTISTA           95045     CA       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
4000163217    GRAND BLANC                 48439     MI       SFR     Owner Occupied     360     7/27/2004    9/1/2004   8/1/2034
35197615      (SAN PEDRO AREA) LOS ANGEL  90731     CA       SFR     Owner Occupied     180     8/23/2004   10/1/2004   9/1/2019
35282565      SPRING CITY                 19475     PA       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
4000154669    GRANITE FALLS               98252     WA       PUD     Owner Occupied     360     6/23/2004    8/1/2004   7/1/2034
34955153      LAS VEGAS                   89128     NV       SFR     Owner Occupied     360     7/22/2004    9/1/2004   8/1/2034
35072362      GASTONIA                    28056     NC       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
4000171738    LORAIN                      44052     OH       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
34380139      LAKEWOOD                     8701     NJ      Condo    Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35074210      WINSTON-SALEM               27105     NC       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
4000181230    SAN JOSE                    95130     CA       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
35073048      LEXINGTON                   27292     NC       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
34039750      AYER                         1432     MA    Units 2-4  Owner Occupied     360     6/18/2004    8/1/2004   7/1/2034
34996710      ZIMMERMAN                   55398     MN       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000169646    GRAND RAPIDS                49507     MI    Units 2-4  Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
4000168192    CLERMONT                    34711     FL       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
34758995      WINCHESTER                  22601     VA       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
4000143866    ESPARTO                     95627     CA       SFR     Owner Occupied     360     7/22/2004    9/1/2004   8/1/2034
4000172288    ROCKLIN                     95765     CA       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35197367      WHITTIER                    90602     CA       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35192061      FRAZIER PARK                93225     CA       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
33781733      NIAGARA FALLS               14301     NY    Units 2-4     Investor        360      8/6/2004   10/1/2004   9/1/2034
33781741      NIAGARA FALLS               14301     NY    Units 2-4     Investor        360      8/6/2004   10/1/2004   9/1/2034
4000142172    NORTHRIDGE                  91325     CA       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34857391      LAKE IN THE HILLS           60156     IL       SFR     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
4000167293    DELRAY BEACH                33444     FL       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
35002922      PUEBLO                      81004     CO       SFR        Investor        360     7/30/2004    9/1/2004   8/1/2034
35108752      PLANO                       75023     TX       SFR     Owner Occupied     360      8/4/2004    9/1/2004   8/1/2034
35073295      HUNTERSVILLE                28078     NC       PUD     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
4000149793    WOODMERE                    11598     NY       SFR        Investor        360     7/21/2004    9/1/2004   8/1/2034
35154855      ACWORTH                     30101     GA       PUD     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
34856732      WAUCONDA                    60084     IL       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
35132638      OAKWOOD HILLS               60013     IL       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
34997668      BIG LAKE                    55309     MN       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
33778234      ALTAMONT                    12009     NY       SFR     Owner Occupied     360     7/27/2004   10/1/2004   9/1/2034
4000160122    SAN LEANDRO                 94577     CA       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
34615492      CRESTHILL                   60435     IL       SFR     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
34965137      WEST MIFFLIN                15122     PA       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
35197193      IRVINE                      92618     CA      Condo    Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034

<CAPTION>
                                                                                      ORIGINAL
                                                                                      COMBAINED
              REMAINING     ORIGINAL   SCHEDULED                       PAID THRU       LOAN TO      OTS
  LOANID        TERM        BALANCE     BALANCE      RATE      P&I        DATE          VALUE   DELINQUENCY INDEX       MARGIN
------------------------------------------------------------------------------------------------------------------------------
<S>              <C>      <C>         <C>           <C>     <C>        <C>              <C>        <C>       <C>        <C>
35032564         359      378,000.00  377,674.54     6.75   2,451.71   12/1/2004           90      0-29      6ML        5.375
34939041         359       94,400.00   94,400.00    6.875     540.83   10/1/2004           80      0-29      6ML        4.125
35125459         359      255,000.00  254,780.45     6.75   1,653.93   10/1/2004        86.44      0-29      6ML          5.5
35114602         359      118,300.00  118,230.15    8.625     920.13   10/1/2004        99.96      0-29      6ML          5.5
34800599         359      274,400.00  274,400.00    6.125   1,400.58   10/1/2004           80      0-29      6ML         4.25
35234657         359      212,000.00  211,850.37     7.75   1,518.80   10/1/2004        84.67      0-29      6ML         4.75
34992354         358      171,000.00  170,700.96    7.375   1,181.06   10/1/2004           95      0-29      6ML            6
34079400         359      350,000.00  350,000.00     6.25   1,822.92   10/1/2004        88.61      0-29      6ML            5
34737387         359      356,250.00  356,250.00    6.625   1,966.80   10/1/2004           95      0-29      6ML        5.375
4000177006       359      272,700.00  272,700.00        7   1,590.75   10/1/2004           90      0-29      6ML        5.625
35196617         179      133,000.00  133,000.00    6.875     761.98   10/1/2004        73.08      0-29      FIX            0
4000175138       359      130,000.00  129,903.52      7.5     908.98   10/1/2004          100      0-29      6ML        6.125
34948091         359      368,000.00  368,000.00     6.25   1,916.67   10/1/2004           80      0-29      6ML        3.875
35030691         359      200,000.00  200,000.00     6.75   1,125.00   10/1/2004        74.07      0-29      6ML         4.25
34720425         359      468,000.00  468,000.00    5.875   2,291.25   10/1/2004           80      0-29      6ML            4
34861112         359       44,000.00   43,970.47        8     322.86   10/1/2004           80      0-29      FIX            0
4000167946       359      556,000.00  556,000.00    5.875   2,722.08   10/1/2004           80      0-29      6ML         3.75
34017152         358       48,000.00   46,431.25      7.5     335.63   10/1/2004           80      0-29      FIX            0
34931600         358      113,600.00  113,600.00        6        568   10/1/2004           80      0-29      6ML         3.75
35129212         359      209,000.00  208,848.73    7.625   1,479.29   10/1/2004           95      0-29      6ML         6.25
35264381         359      164,000.00  163,865.57        7   1,091.10   10/1/2004        59.85      0-29      FIX            0
35266154         359      199,000.00  198,836.87        7   1,323.96   10/1/2004        66.33      0-29      FIX            0
4000172678       359      495,200.00  495,200.00        6   2,476.00   10/1/2004           80      0-29      6ML        3.625
4000172711       359      351,500.00  351,500.00     6.75   1,977.19   10/1/2004           95      0-29      6ML            5
4000175848       359       82,650.00   82,572.98    8.625     642.84    1/1/2005           95      0-29      6ML        7.125
35183375         359      214,000.00  214,000.00     5.99   1,068.22   10/1/2004           80      0-29      6ML            4
34416370         358      118,000.00  117,805.98        7     785.06    9/1/2004           80      0-29      FIX            0
34238378         358      123,100.00  122,871.35    6.375     767.99    9/1/2004        79.99      0-29      6ML          4.5
4000166645       359      100,000.00  100,000.00     6.75      562.5   10/1/2004        57.64      0-29      6ML        4.125
4000174606       359      299,200.00  299,200.00    6.625   1,651.83   10/1/2004           80      0-29      6ML        4.375
34989970         359      236,800.00  236,800.00        6   1,184.00   10/1/2004           80      0-29      6ML        5.125
34081737         359      171,000.00  170,879.31     7.75   1,225.07   10/1/2004           95      0-29      6ML        6.375
34795609         359      552,000.00  551,463.48    6.125   3,354.02   10/1/2004           80      0-29      6ML         3.75
35124478         359      170,000.00  169,860.65        7   1,131.02   10/1/2004        90.91      0-29      6ML        5.375
34543926         359       62,000.00   61,964.32     8.75     487.76   10/1/2004        68.89      0-29      FIX            0
34719161         359      518,200.00  518,200.00     5.99   2,586.68   10/1/2004        79.99      0-29      6ML        3.875
4000175638       359      242,000.00  241,781.23      6.5   1,529.60   10/1/2004         94.9      0-29      6ML        4.875
35305507         359      350,000.00  349,776.81     8.25   2,629.44   10/1/2004        87.46      0-29      6ML         5.25
34364547         356      175,500.00  174,905.02    6.875   1,152.92    9/1/2004           90      0-29      6ML            6
35223825         358       84,000.00   83,892.49     8.25     631.07    9/1/2004           80      0-29      6ML        6.375
35284876         359      175,000.00  174,896.67    8.625   1,361.14   10/1/2004          100      0-29      6ML          6.5
34920843         358      180,500.00  180,247.13    7.875   1,308.76    9/1/2004           95      0-29      FIX            0
4000143337       357      203,300.00  202,689.67    5.999   1,218.76    9/1/2004           95      0-29      6ML            5
35123181         359      270,750.00  270,750.00     6.75   1,522.97   10/1/2004        93.36      0-29      6ML         5.25
4000161335       359      528,000.00  528,000.00      5.5   2,420.00   10/1/2004           80      0-29      6ML        3.625
35266865         359      105,000.00  105,000.00     8.25     721.88   10/1/2004         87.5      0-29      FIX            0
35110295         359       74,800.00   74,756.96     8.75     588.46   10/1/2004           80      0-29      6ML        6.125
35110386         359      216,000.00  215,814.02     6.75   1,400.98   10/1/2004           80      0-29      6ML        5.125
4000167423       359      160,850.00  160,733.58    7.625   1,138.49   10/1/2004        99.98      0-29      6ML        5.375
35285428         359      130,000.00  129,923.25    8.625   1,011.13   10/1/2004          100      0-29      6ML        6.625
35030261         359      479,200.00  479,200.00    6.875   2,745.42   10/1/2004           80      0-29      6ML         4.25
34756791         359      254,600.00  254,388.21     7.25   1,736.83   10/1/2004           95      0-29      FIX            0
4000165264       359      499,200.00  499,200.00      5.5   2,288.00   10/1/2004           80      0-29      6ML        3.625
35247154         179       91,000.00   90,719.08     7.25     830.71   10/1/2004        78.45      0-29      FIX            0
35302868         359      180,000.00  180,000.00    6.125     918.75   10/1/2004           80      0-29      6ML        4.375
34699884         359      289,750.00  289,750.00    7.875   1,901.48   10/1/2004           95      0-29      6ML        6.375
34793596         358      166,000.00  165,726.53     6.99   1,103.29    9/1/2004         66.4      0-29      6ML        4.125
34377846         358       45,350.00   45,275.42        7     301.72    9/1/2004        89.98      0-29      6ML         4.75
34377853         358       45,350.00   45,275.42        7     301.72    9/1/2004        89.98      0-29      6ML         4.75
35077338         359      135,500.00  135,500.00     7.75      875.1   10/1/2004          100      0-29      6ML        5.875
34697789         359      112,500.00  112,500.00     6.75     632.81   10/1/2004           90      0-29      6ML        4.625
35023159         359      184,500.00  184,333.21      6.5   1,166.17   10/1/2004        70.96      0-29      6ML         4.25
35033281         359      252,000.00  252,000.00    6.625   1,391.25   10/1/2004           80      0-29      6ML        4.125
35011444         359      405,000.00  405,000.00        7   2,362.50   10/1/2004           90      0-29      6ML        5.625
35131937         359      260,000.00  259,816.49     7.75   1,862.68   10/1/2004        89.83      0-29      FIX            0
34792895         359      420,000.00  420,000.00    6.125   2,143.75   10/1/2004           80      0-29      6ML         3.75
35193176         359      630,550.00  630,550.00     5.99   3,147.50   10/1/2004           80      0-29      6ML         4.25
4000163217       358      181,500.00  181,500.00     7.25   1,096.56    9/1/2004        91.67      0-29      6ML        5.625
35197615         179      235,000.00  234,242.34     6.75   2,079.54   10/1/2004        52.11      0-29      FIX            0
35282565         359      131,400.00  131,262.31    7.875     952.75   10/1/2004           90      0-29      6ML        6.625
4000154669       357       95,960.00   95,576.75     6.25     590.84   10/1/2004           80      0-29      6ML        4.375
34955153         358      205,000.00  204,671.14    7.125   1,381.13    9/1/2004        51.25      0-29      FIX            0
35072362         359      281,400.00  281,169.33        7   1,872.17   10/1/2004           80      0-29      6ML        4.875
4000171738       359       66,000.00   65,948.51     7.25     450.24   10/1/2004          100      0-29      6ML        5.875
34380139         359      176,700.00  176,547.86     6.75   1,146.08   10/1/2004           95      0-29      6ML         5.25
35074210         359       50,000.00   49,954.38    8.625      388.9   10/1/2004        65.81      0-29      6ML        6.375
4000181230       359      512,000.00  512,000.00    5.625   2,400.00   10/1/2004           80      0-29      6ML         3.75
35073048         359       85,500.00   85,448.20      8.5     657.43   10/1/2004           90      0-29      6ML          6.5
34039750         357      186,700.00  186,375.39     8.75   1,468.77    9/1/2004          100      0-29      6ML         5.25
34996710         359      100,000.00   99,923.90    7.375     690.68   10/1/2004        55.56      0-29      6ML            5
4000169646       359      154,900.00  154,753.02     6.25     953.75   10/1/2004          100      0-29      6ML          5.5
4000168192       359      112,200.00  112,072.69    6.125     681.74   10/1/2004           85      0-29      6ML         4.25
34758995         359      123,600.00  123,600.00      6.5      669.5   10/1/2004           80      0-29      6ML         4.25
4000143866       358      267,950.00  267,950.00    5.625   1,256.02    9/1/2004           80      0-29      6ML         3.75
4000172288       359      430,900.00  430,900.00    6.999   2,513.22   10/1/2004        87.05      0-29      6ML        5.375
35197367         359      362,000.00  362,000.00    6.125   1,847.71   10/1/2004           80      0-29      6ML        3.625
35192061         359      135,000.00  134,916.09    8.375   1,026.10   10/1/2004        84.38      0-29      FIX            0
33781733         359       34,800.00   34,777.80     8.25     261.45   10/1/2004           80      0-29      FIX            0
33781741         359       45,000.00   44,971.30     8.25     338.08   10/1/2004           75      0-29      FIX            0
4000142172       359      336,000.00  336,000.00    5.125   1,435.00   10/1/2004           80      0-29      6ML         3.75
34857391         359      225,000.00  224,760.35     7.25   1,534.90   10/1/2004           90      0-29      FIX            0
4000167293       359      150,000.00  149,909.13      8.5   1,153.37   10/1/2004        76.92      0-29      6ML        6.625
35002922         358       76,000.00   75,892.36     7.75     544.48    9/1/2004           80      0-29      6ML            5
35108752         358      111,800.00  111,589.82    6.375     697.49    9/1/2004        79.97      0-29      6ML          4.5
35073295         359      338,200.00  338,200.00    7.125   2,008.06   10/1/2004        94.87      0-29      6ML        5.375
4000149793       358      560,000.00  559,032.99     6.75   3,632.15    9/1/2004           80      0-29      6ML        3.625
35154855         359      132,800.00  132,800.00      6.5     719.33   10/1/2004           80      0-29      6ML        3.875
34856732         359      266,700.00  266,414.88    5.625   1,535.28   10/1/2004           80      0-29      6ML        3.875
35132638         359      151,300.00  151,090.49    7.625   1,070.90   10/1/2004           85      0-29      6ML         6.25
34997668         359      161,000.00  160,874.40     7.25   1,098.31   10/1/2004        94.99      0-29      6ML        5.875
33778234         359      150,000.00  149,873.98    6.875      985.4   10/1/2004        73.17      0-29      6ML        4.625
4000160122       359      332,000.00  332,000.00     5.75   1,590.83   10/1/2004           80      0-29      6ML        3.375
34615492         359      184,500.00  184,500.00     7.99   1,228.46   10/1/2004           90      0-29      6ML            6
34965137         359       76,500.00   76,454.83    8.625     595.01   10/1/2004           90      0-29      6ML        6.875
35197193         359      246,400.00  246,400.00    5.625   1,155.00   10/1/2004           80      0-29      6ML         3.75

<CAPTION>
             INITIAL  PERIODIC                           PREPAYMENT
  LOANID       CAP      CAP       FLOOR    CEILING          TERM                                PREPAYMENT PENALTY
--------------------------------------------------------------------------------------------------------------------------
<S>             <C>      <C>      <C>       <C>              <C>                        <C>
35032564        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
34939041        3        1        6.875     12.875           36                              6 mo.s interest less 20% obal
35125459        3        1         6.75      12.75           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35114602        3        1        8.625     14.625           24                              6 mo.s interest less 20% obal
34800599        3        1        6.125     12.125           36                              6 mo.s interest less 20% obal
35234657        3        1         7.75      13.75           24                              6 mo.s interest less 20% obal
34992354        3        1        7.375     13.375           36                         min (2% prepaid, 60 days interest)
34079400        3        1         6.25      12.25           36                              6 mo.s interest less 20% obal
34737387        3        1        6.625     12.625           36                              6 mo.s interest less 20% obal
4000177006      3        1            7         13           24                              6 mo.s interest less 20% obal
35196617        0        0            0          0           36                              6 mo.s interest less 20% obal
4000175138      3        1          7.5       13.5           36                              6 mo.s interest less 20% obal
34948091        3        1         6.25      12.25           36                              6 mo.s interest less 20% obal
35030691        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
34720425        3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
34861112        0        0            0          0            0                                                       None
4000167946      3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
34017152        0        0            0          0           36                              6 mo.s interest less 20% obal
34931600        3        1            6         12           36                              6 mo.s interest less 20% obal
35129212        3        1        7.625     13.625           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35264381        0        0            0          0           36                              6 mo.s interest less 20% obal
35266154        0        0            0          0           36                              6 mo.s interest less 20% obal
4000172678      3        1            6         12           36                              6 mo.s interest less 20% obal
4000172711      3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
4000175848      3        1        8.625     14.625           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35183375        3        1         5.99      11.99           24                              6 mo.s interest less 20% obal
34416370        0        0            0          0           36                              6 mo.s interest less 20% obal
34238378        3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
4000166645      3        1         6.75      12.75           36                              6 mo.s interest less 20% obal
4000174606      3        1        6.625     12.625           12                              6 mo.s interest less 20% obal
34989970        3        1            6         12           36                         min (2% prepaid, 60 days interest)
34081737        3        1         7.75      13.75           24                              6 mo.s interest less 20% obal
34795609        3        1        6.125     12.125           36                              6 mo.s interest less 20% obal
35124478        3        1            7         13           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34543926        0        0            0          0            0                                                       None
34719161        3        1         5.99      11.99           24                              6 mo.s interest less 20% obal
4000175638      3        1          6.5       12.5           12                              6 mo.s interest less 20% obal
35305507        3        1         8.25      14.25           24                              6 mo.s interest less 20% obal
34364547        3        1        6.875     12.875            0                                                       None
35223825        3        1         8.25      14.25           36                              6 mo.s interest less 20% obal
35284876        3        1        8.625     14.625            0                                                       None
34920843        0        0            0          0            0                                                       None
4000143337      3        1        5.999     11.999           24                              6 mo.s interest less 20% obal
35123181        3        1         6.75      12.75           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000161335      3        1          5.5       11.5           36                              6 mo.s interest less 20% obal
35266865        0        0            0          0            0                                                       None
35110295        3        1         8.75      14.75            0                                                       None
35110386        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
4000167423      3        1        7.625     13.625           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35285428        3        1        8.625     14.625            0                                                       None
35030261        3        1        6.875     12.875           36                              6 mo.s interest less 20% obal
34756791        0        0            0          0           36                              6 mo.s interest less 20% obal
4000165264      3        1          5.5       11.5           24                              6 mo.s interest less 20% obal
35247154        0        0            0          0            0                                                       None
35302868        3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
34699884        3        1        7.875     13.875           24                              6 mo.s interest less 20% obal
34793596        3        1         6.99      12.99            0                                                       None
34377846        3        1            7         13           24                              6 mo.s interest less 20% obal
34377853        3        1            7         13           24                              6 mo.s interest less 20% obal
35077338        3        1         7.75      13.75            0                                                       None
34697789        3        1         6.75      12.75           36                              6 mo.s interest less 20% obal
35023159        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
35033281        3        1        6.625     12.625           36                              6 mo.s interest less 20% obal
35011444        3        1            7         13           24                              6 mo.s interest less 20% obal
35131937        0        0            0          0            0                                                       None
34792895        3        1        6.125     12.125           36                              6 mo.s interest less 20% obal
35193176        3        1         5.99      11.99           36                              6 mo.s interest less 20% obal
4000163217      3        1         7.25      13.25           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35197615        0        0            0          0           36                              6 mo.s interest less 20% obal
35282565        3        1        7.875     13.875           24                              6 mo.s interest less 20% obal
4000154669      3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
34955153        0        0            0          0           36                              6 mo.s interest less 20% obal
35072362        3        1            7         13            0                                                       None
4000171738      3        1         7.25      13.25           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34380139        3        1         6.75      12.75            0                                                       None
35074210        3        1        8.625     14.625            0                                                       None
4000181230      3        1        5.625     11.625           24                              6 mo.s interest less 20% obal
35073048        3        1          8.5       14.5            0                                                       None
34039750        3        1         8.75      14.75            0                                                       None
34996710        3        1        7.375     13.375           24                         min (2% prepaid, 60 days interest)
4000169646      3        1         6.25      12.25           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000168192      3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
34758995        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
4000143866      3        1        5.625     11.625           24                              6 mo.s interest less 20% obal
4000172288      3        1        6.999     12.999           24                              6 mo.s interest less 20% obal
35197367        3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
35192061        0        0            0          0           36                              6 mo.s interest less 20% obal
33781733        0        0            0          0           12                              6 mo.s interest less 20% obal
33781741        0        0            0          0           12                              6 mo.s interest less 20% obal
4000142172      3        1        5.125     11.125           36                              6 mo.s interest less 20% obal
34857391        0        0            0          0            0                                                       None
4000167293      3        1          8.5       14.5           24                              6 mo.s interest less 20% obal
35002922        3        1         7.75      13.75           12                              6 mo.s interest less 20% obal
35108752        3        1        6.375     12.375           36                              6 mo.s interest less 20% obal
35073295        3        1        7.125     13.125            0                                                       None
4000149793      3        1         6.75      12.75            0                                                       None
35154855        3        1          6.5       12.5            0                                                       None
34856732        3        1        5.625     11.625           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35132638        3        1        7.625     13.625           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34997668        3        1         7.25      13.25           36                         min (2% prepaid, 60 days interest)
33778234        3        1        6.875     12.875            0                                                       None
4000160122      3        1         5.75      11.75           36                              6 mo.s interest less 20% obal
34615492        3        1         7.99      13.99           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34965137        3        1        8.625     14.625           24                              6 mo.s interest less 20% obal
35197193        3        1        5.625     11.625           24                              6 mo.s interest less 20% obal

<CAPTION>
                                              PAYMENT
              FIRST RATE      RATE RESET       RESET                                  MI
  LOANID      RESET DATE       FREQUENCY     FREQUENCY  PURPOSE   DIV  IO    IOTERM  FLAG
-----------------------------------------------------------------------------------------
<S>           <C>                  <C>            <C>  <C>         <C>  <C>    <C>    <C>
35032564        9/1/2006           6              6    C/O Refi    N    N       0     Y
34939041        9/1/2009           6              6    Purchase    N    Y      60     N
35125459        9/1/2006           6              6    C/O Refi    N    N       0     N
35114602        9/1/2006           6              6    Purchase    N    N       0     N
34800599        9/1/2007           6              6    Purchase    N    Y      60     N
35234657        9/1/2006           6              6    Purchase    N    N       0     Y
34992354        8/1/2007           6              6    C/O Refi    N    N       0     N
34079400        9/1/2006           6              6    C/O Refi    N    Y      60     Y
34737387        9/1/2006           6              6    R/T Refi    N    Y      60     Y
4000177006      9/1/2006           6              6    C/O Refi    N    Y      60     N
35196617      00/00/0000           0              0    C/O Refi    N    Y      60     N
4000175138      9/1/2007           6              6    C/O Refi    N    N       0     N
34948091        9/1/2009           6              6    Purchase    N    Y      60     N
35030691        9/1/2009           6              6    Purchase    N    Y      60     N
34720425        9/1/2006           6              6    Purchase    N    Y      60     N
34861112      00/00/0000           0              0    C/O Refi    N    N       0     N
4000167946      9/1/2006           6              6    Purchase    N    Y      60     N
34017152      00/00/0000           0              0    Purchase    N    N       0     N
34931600        8/1/2007           6              6    Purchase    N    Y      60     N
35129212        9/1/2007           6              6    C/O Refi    N    N       0     Y
35264381      00/00/0000           0              0    C/O Refi    N    N       0     N
35266154      00/00/0000           0              0    C/O Refi    N    N       0     N
4000172678      9/1/2009           6              6    Purchase    N    Y      60     N
4000172711      9/1/2006           6              6    C/O Refi    N    Y      60     N
4000175848      9/1/2006           6              6    R/T Refi    N    N       0     Y
35183375        9/1/2006           6              6    Purchase    N    Y      60     N
34416370      00/00/0000           0              0    Purchase    N    N       0     N
34238378        8/1/2006           6              6    Purchase    N    N       0     N
4000166645      9/1/2007           6              6    Purchase    N    Y      60     N
4000174606      9/1/2006           6              6    Purchase    N    Y      60     N
34989970        9/1/2007           6              6    Purchase    N    Y      60     N
34081737        9/1/2006           6              6    C/O Refi    N    N       0     N
34795609        9/1/2009           6              6    Purchase    N    N       0     N
35124478        9/1/2006           6              6    C/O Refi    N    N       0     N
34543926      00/00/0000           0              0    C/O Refi    N    N       0     N
34719161        9/1/2006           6              6    Purchase    N    Y      60     N
4000175638      9/1/2006           6              6    C/O Refi    N    N       0     Y
35305507        9/1/2006           6              6    Purchase    N    N       0     Y
34364547        6/1/2006           6              6    C/O Refi    N    N       0     Y
35223825        8/1/2007           6              6    Purchase    N    N       0     N
35284876        9/1/2007           6              6    Purchase    N    N       0     N
34920843      00/00/0000           0              0    C/O Refi    N    N       0     Y
4000143337      7/1/2009           6              6    C/O Refi    N    N       0     Y
35123181        9/1/2006           6              6    C/O Refi    N    Y      60     Y
4000161335      9/1/2007           6              6    Purchase    N    Y      60     N
35266865      00/00/0000           0              0    C/O Refi    N    Y      60     Y
35110295        9/1/2009           6              6    C/O Refi    N    N       0     N
35110386        9/1/2006           6              6    Purchase    N    N       0     N
4000167423      9/1/2006           6              6    Purchase    N    N       0     N
35285428        9/1/2006           6              6    Purchase    N    N       0     N
35030261        9/1/2009           6              6    Purchase    N    Y      60     N
34756791      00/00/0000           0              0    C/O Refi    N    N       0     Y
4000165264      9/1/2006           6              6    Purchase    N    Y      60     N
35247154      00/00/0000           0              0    C/O Refi    N    N       0     N
35302868        9/1/2006           6              6    Purchase    N    Y      60     N
34699884        9/1/2006           6              6    Purchase    N    Y      60     Y
34793596        8/1/2006           6              6    C/O Refi    N    N       0     N
34377846        8/1/2006           6              6    Purchase    N    N       0     Y
34377853        8/1/2006           6              6    Purchase    N    N       0     Y
35077338        9/1/2007           6              6    Purchase    N    Y      60     N
34697789        9/1/2007           6              6    C/O Refi    N    Y      60     Y
35023159        9/1/2006           6              6    C/O Refi    N    N       0     N
35033281        9/1/2009           6              6    C/O Refi    N    Y      60     N
35011444        9/1/2006           6              6    R/T Refi    N    Y      60     N
35131937      00/00/0000           0              0    C/O Refi    N    N       0     Y
34792895        9/1/2009           6              6    Purchase    N    Y      60     N
35193176        9/1/2007           6              6    Purchase    N    Y      60     N
4000163217      8/1/2007           6              6    R/T Refi    N    Y      60     Y
35197615      00/00/0000           0              0    C/O Refi    N    N       0     N
35282565        9/1/2006           6              6    Purchase    N    N       0     Y
4000154669      7/1/2006           6              6    Purchase    N    N       0     N
34955153      00/00/0000           0              0    C/O Refi    N    N       0     N
35072362        9/1/2006           6              6    C/O Refi    N    N       0     N
4000171738      9/1/2006           6              6    Purchase    N    N       0     N
34380139        9/1/2006           6              6    Purchase    N    N       0     Y
35074210        9/1/2006           6              6    C/O Refi    N    N       0     N
4000181230      9/1/2006           6              6    Purchase    N    Y      60     N
35073048        9/1/2006           6              6    R/T Refi    N    N       0     N
34039750        7/1/2006           6              6    Purchase    N    N       0     N
34996710        9/1/2006           6              6    C/O Refi    N    N       0     N
4000169646      9/1/2006           6              6    Purchase    N    N       0     N
4000168192      9/1/2006           6              6    R/T Refi    N    N       0     Y
34758995        9/1/2006           6              6    Purchase    N    Y      60     N
4000143866      8/1/2006           6              6    Purchase    N    Y      60     N
4000172288      9/1/2006           6              6    C/O Refi    N    Y      60     Y
35197367        9/1/2009           6              6    Purchase    N    Y      60     N
35192061      00/00/0000           0              0    C/O Refi    N    N       0     Y
33781733      00/00/0000           0              0    C/O Refi    N    N       0     N
33781741      00/00/0000           0              0    C/O Refi    N    N       0     N
4000142172      9/1/2007           6              6    Purchase    N    Y      60     N
34857391      00/00/0000           0              0    R/T Refi    N    N       0     Y
4000167293      9/1/2006           6              6    C/O Refi    N    N       0     N
35002922        8/1/2007           6              6    Purchase    N    N       0     N
35108752        8/1/2007           6              6    Purchase    N    N       0     N
35073295        9/1/2006           6              6    R/T Refi    N    Y      60     Y
4000149793      8/1/2007           6              6    Purchase    N    N       0     N
35154855        9/1/2009           6              6    Purchase    N    Y      60     N
34856732        9/1/2007           6              6    Purchase    N    N       0     N
35132638        9/1/2006           6              6    C/O Refi    N    N       0     Y
34997668        9/1/2007           6              6    C/O Refi    N    N       0     Y
33778234        9/1/2007           6              6    C/O Refi    N    N       0     N
4000160122      9/1/2009           6              6    Purchase    N    Y      60     N
34615492        9/1/2006           6              6    C/O Refi    N    Y      60     N
34965137        9/1/2006           6              6    Purchase    N    N       0     Y
35197193        9/1/2006           6              6    Purchase    N    Y      60     N
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
                                                          PROPERTY                    ORIGINAL ORIGINATION  FIRST PAY   MATURITY
  LOANID              CITY                 ZIP    STATE     TYPE       OCCUPANCY        TERM      DATE        DATE        DATE
--------------------------------------------------------------------------------------------------------------------------------
<S>           <C>                         <C>       <C>   <C>        <C>                <C>     <C>         <C>         <C>
34718148      LA QUINTA                   92253     CA       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
35000355      KENYON                      55946     MN       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
32671679      HILLSBORO                   63050     MO       PUD     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
34981431      COLUMBUS                    43110     OH       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
4000167425    SAINT PETERSBURG            33707     FL       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
35232222      DELTONA                     32738     FL       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34977801      INDIANAPOLIS                46201     IN       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34999300      SAINT PAUL                  55106     MN       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
4000175781    LORAIN                      44052     OH       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
4000166947    TOLEDO                      43615     OH      Condo    Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
34933911      GRESHAM                     97080     OR       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
35008788      BRIGHTON                    80602     CO       PUD     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
4000172891    LIVINGSTON                  95334     CA       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
34991356      CHANHASSEN                  55317     MN       PUD     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
35123256      SOUTH BEND                  46616     IN       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
35016450      LIVERMORE                   80536     CO       PUD     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34759290      DUNDALK                     21222     MD       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
35015593      LITTLETON                   80127     CO       PUD     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
35083195      MONROEVILLE                 44847     OH       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34992719      MAPLE GROVE                 55369     MN       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34865675      EDEN                        14057     NY       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
33381203      INKSTER                     48141     MI       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
35204841      RAMONA                      92065     CA       PUD     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35147867      ROCKMART                    30153     GA       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
4000172238    CONCORD                     94519     CA       PUD     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
4000161464    MOUNT PLEASANT              48858     MI       SFR     Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
34860767      CHILLICOTHE                 61523     IL       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
35016674      AURORA                      80013     CO       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34988279      CAMBRIDGE                   55008     MN       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
34021360      HOUSTON                     77024     TX       PUD        Investor        360     8/26/2004   10/1/2004   9/1/2034
34973370      PITTSBURGH                  15221     PA    Units 2-4  Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
4000161840    LAS VEGAS                   89121     NV       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
34380519      DAGSBORO                    19939     DE       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
34652354      SAINT LOUIS                 63115     MO       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
34932566      BEAVERTON                   97006     OR       PUD     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
34933291      SALEM                       97306     OR       SFR     Owner Occupied     360     7/27/2004   10/1/2004   9/1/2034
35107473      DENTON                      76207     TX       PUD     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
35146570      GRAY                        31032     GA       SFR     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
4000166526    INDIANAPOLIS                46268     IN       PUD     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
4000170576    ELK GROVE                   95758     CA       SFR     Owner Occupied     360     8/21/2004   10/1/2004   9/1/2034
4000169742    MARYSVILLE                  98270     WA       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
34866434      SCHENECTADY                 12303     NY       SFR     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
4000150266    CRESCENT CITY               95531     CA       SFR     Owner Occupied     360     6/22/2004    8/1/2004   7/1/2034
34646349      WAUKESHA                    53189     WI    Units 2-4  Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
34554550      ROUND ROCK                  78681     TX       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
34652974      ARNOLD                      63010     MO       SFR     Owner Occupied     180     7/27/2004   10/1/2004   9/1/2019
34977363      SPARTA                      43350     OH       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000170764    JAMAICA                     11434     NY       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34800441      SANTEE                      92071     CA       PUD     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
35152750      ATLANTA                     30306     GA       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
35188366      LAKEWOOD                    90712     CA       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
4000167508    CHICAGO                     60620     IL       SFR     Owner Occupied     360     8/27/2004   11/1/2004  10/1/2034
4000168336    DAVIE                       33325     FL       PUD     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
34990937      SAINT CLOUD                 56304     MN       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
4000166631    STOCKBRIDGE                 49285     MI       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
34971002      ELDORADO                    45321     OH       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
4000167138    MACOMB TWP.                 48044     MI       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
34283291      VICTORVILLE                 92392     CA       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
35243823      LEAGUE CITY                 77573     TX       PUD     Owner Occupied     360      8/5/2004    9/1/2004   8/1/2034
35156751      LAWRENCEVILLE               30043     GA       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
4000178163    LONG BEACH                  11561     NY       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34034488      NEW BEDFORD                  2745     MA    Units 2-4  Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35224187      NORTH FORT MYERS            33903     FL      Condo    Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34647008      GREEN BAY                   54303     WI       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
35072552      MYRTLE BEACH                29579     SC       PUD     Owner Occupied     360      8/4/2004    9/1/2004   8/1/2034
34955971      DOWNEY                      90242     CA       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
4000167290    DELANO                      93215     CA       SFR     Owner Occupied     180      8/6/2004   10/1/2004   9/1/2019
35123546      HOFFMAN ESTATES             60194     IL      Condo    Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
4000176781    LEAGUE CITY                 77573     TX       PUD     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35206424      RIVERSIDE                   92504     CA       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
4000168505    BAKERSFIELD                 93304     CA       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
34867861      OLD BRIDGE                   8857     NJ       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34701086      FT. LAUDERDALE              33312     FL    Units 2-4  Owner Occupied     360      8/5/2004    9/1/2004   8/1/2034
35131135      FORT WAYNE                  46806     IN       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
35125186      BLOOMINGDALE                60108     IL       PUD     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34554139      AUSTIN                      78724     TX       PUD     Owner Occupied     360     7/26/2004    9/1/2004   8/1/2034
34758409      CHESAPEAKE                  23323     VA       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
34697680      HOLLYWOOD                   33021     FL      Condo    Owner Occupied     360      8/2/2004    9/1/2004   8/1/2034
33461393      NEWTON                       7860     NJ       SFR     Owner Occupied     360      5/3/2004    7/1/2004   6/1/2034
34858332      HEBRON                      60034     IL       PUD     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
4000167117    BERLIN                       3570     NH       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
33178732      DETROIT                     48202     MI       SFR     Owner Occupied     360     6/18/2004    8/1/2004   7/1/2034
4000156910    NEWNAN                      30263     GA       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
35016898      NASHVILLE                   37218     TN       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34620047      HUNTLEY                     60142     IL       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
34653535      MIDWEST CITY                73110     OK       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
34021030      KATY                        77449     TX       PUD     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
4000168400    BENICIA                     94510     CA       PUD     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
4000155919    SEATTLE                     98122     WA       SFR     Owner Occupied     360     7/19/2004    9/1/2004   8/1/2034
35082791      WEST LEBANON                47991     IN       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35110451      BEDFORD                     76021     TX       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
35069574      ELON                        27244     NC       SFR     Owner Occupied     360      8/2/2004    9/1/2004   8/1/2034
4000172163    OAK PARK                    48237     MI       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
4000169505    LOMITA                      90717     CA       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
32674848      SAINT LOUIS                 63114     MO       SFR     Owner Occupied     360     3/11/2004    5/1/2004   4/1/2034
4000152374    WILLIAMSTOWN                 8094     NJ       SFR     Owner Occupied     360      9/1/2004   10/1/2004   9/1/2034
35131572      MATTESON                    60443     IL      Condo    Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
35303189      LAS VEGAS                   89110     NV       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
33897877      GERMANTOWN                  20874     MD      Condo    Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
34003954      MISSOURI CITY               77459     TX       PUD     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34716548      BIG BEAR CITY               92314     CA       SFR     Owner Occupied     360     7/21/2004    9/1/2004   8/1/2034
4000165499    FT. LAUDERDALE              33309     FL       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
34721456      HESPERIA                    92345     CA       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
34657924      ST. LOUIS                   63147     MO       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
35069160      CHARLESTON                  29412     SC       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034

<CAPTION>
                                                                                      ORIGINAL
                                                                                      COMBAINED
              REMAINING     ORIGINAL   SCHEDULED                       PAID THRU       LOAN TO      OTS
  LOANID        TERM        BALANCE     BALANCE      RATE      P&I        DATE          VALUE   DELINQUENCY INDEX       MARGIN
------------------------------------------------------------------------------------------------------------------------------
<S>              <C>      <C>         <C>           <C>     <C>        <C>              <C>        <C>       <C>        <C>
34718148         359      279,000.00  279,000.00    7.625   1,772.81   10/1/2004           90      0-29      6ML        5.875
35000355         359      139,900.00  139,819.50     8.75   1,100.60   10/1/2004          100      0-29      6ML         6.75
32671679         358      116,000.00  115,799.05     6.75     752.38   10/1/2004           80      0-29      6ML            5
34981431         359      117,000.00  116,930.92    8.625     910.02   10/1/2004           90      0-29      6ML        6.875
4000167425       359      308,000.00  307,777.08    7.625   2,180.00   10/1/2004        93.33      0-29      FIX            0
35232222         359       98,000.00   98,000.00    6.625     541.04   10/1/2004           80      0-29      6ML          4.5
34977801         359       68,000.00   67,950.78    7.625      481.3   10/1/2004          100      0-29      6ML         6.25
34999300         359      152,000.00  151,878.44    7.125   1,024.06   10/1/2004          100      0-29      6ML        6.375
4000175781       359       58,400.00   58,400.00     5.25      255.5   10/1/2004           80      0-29      6ML          3.5
4000166947       359       66,500.00   66,459.71      8.5     511.33   10/1/2004           95      0-29      6ML        5.625
34933911         359       67,000.00   66,952.18     7.75        480   10/1/2004        47.52      0-29      FIX            0
35008788         359      295,700.00  295,700.00     6.25   1,540.10   10/1/2004           80      0-29      6ML        3.625
4000172891       359      214,700.00  214,700.00    5.999   1,073.32   10/1/2004        79.98      0-29      6ML         4.25
34991356         359      224,000.00  224,000.00     7.25   1,353.33   10/1/2004           80      0-29      6ML         4.75
35123256         359       31,500.00   31,474.80    7.125     212.23   11/1/2004           90      0-29      6ML          5.5
35016450         359      119,920.00  119,920.00    6.125     612.09   10/1/2004           80      0-29      6ML            4
34759290         359      123,250.00  123,156.21    7.375     851.26   10/1/2004           85      0-29      6ML        5.875
35015593         359      217,000.00  217,000.00    7.625   1,378.85   10/1/2004          100      0-29      6ML        5.375
35083195         359       76,500.00   76,444.62    7.625     541.47   10/1/2004        86.93      0-29      6ML            6
34992719         359      237,500.00  237,263.56        6   1,423.94   10/1/2004           95      0-29      6ML        5.125
34865675         359       72,000.00   71,963.64    9.375     598.86   10/1/2004           80      0-29      FIX            0
33381203         359       69,650.00   69,650.00     8.75     507.86   10/1/2004        79.97      0-29      6ML          6.5
35204841         359      548,000.00  548,000.00    6.125   2,797.08   10/1/2004           80      0-29      6ML         4.25
35147867         359       84,800.00   84,747.28    8.375     644.55   10/1/2004           80      0-29      FIX            0
4000172238       359      350,200.00  350,100.00    5.625   1,641.56   10/1/2004           85      0-29      6ML            4
4000161464       358      117,300.00  117,300.00     8.75     855.31    9/1/2004           85      0-29      6ML            7
34860767         359       69,500.00   69,437.17      6.5     439.29   10/1/2004        79.98      0-29      6ML        4.625
35016674         359      159,920.00  159,920.00     6.25     832.92   10/1/2004           80      0-29      6ML        4.375
34988279         359      226,800.00  226,655.37     8.25   1,703.88   10/1/2004           90      0-29      6ML          6.5
34021360         359      565,000.00  565,000.00     8.25   3,884.38   10/1/2004        83.09      0-29      6ML         5.25
34973370         359       40,800.00   40,775.91    8.625     317.34   10/1/2004           85      0-29      6ML        6.875
4000161840       359      111,000.00  110,881.33    5.625     638.98   10/1/2004        57.94      0-29      FIX            0
34380519         359      142,800.00  142,703.98     7.99   1,046.83   10/1/2004           85      0-29      6ML          6.5
34652354         359       41,600.00   41,569.88    7.625     294.45   10/1/2004           80      0-29      6ML         5.75
34932566         359      130,750.00  130,750.00     5.99     652.66   10/1/2004        79.97      0-29      6ML        3.875
34933291         359      109,600.00  109,500.92      6.5     692.75   10/1/2004           80      0-29      6ML        4.375
35107473         359      131,950.00  131,839.14    6.875     866.82   10/1/2004        79.97      0-29      6ML          5.5
35146570         358       79,600.00   79,481.47      7.5     556.58    9/1/2004           80      0-29      6ML         5.75
4000166526       359      179,100.00  179,099.99      5.5     820.88   10/1/2004        79.99      0-29      6ML         3.75
4000170576       359      338,500.00  338,193.99      6.5   2,139.55   10/1/2004        94.03      0-29      6ML        5.375
4000169742       359      248,000.00  248,000.00    7.125   1,472.50   10/1/2004           80      0-29      6ML        4.625
34866434         359       65,600.00   65,554.85    7.875     475.65   10/1/2004           80      0-29      6ML        3.875
4000150266       357      126,000.00  126,000.00    6.125     643.13    9/1/2004           80      0-29      6ML        3.875
34646349         359      170,000.00  169,830.76        6   1,019.24   10/1/2004        79.07      0-29      6ML        3.625
34554550         359       95,100.00   95,018.12     6.75     616.82   10/1/2004        79.98      0-29      FIX            0
34652974         179      136,000.00  135,561.52     6.75   1,203.48   10/1/2004        71.58      0-29      FIX            0
34977363         359       50,000.00   49,968.92    8.375     380.04   10/1/2004        47.62      0-29      FIX            0
4000170764       359      266,400.00  266,400.00        6   1,332.00   10/1/2004           80      0-29      6ML         4.25
34800441         359      281,900.00  281,900.00     6.75   1,585.69   10/1/2004        79.99      0-29      6ML            5
35152750         359      436,000.00  436,000.00    5.875   2,134.58   10/1/2004           80      0-29      6ML         3.75
35188366         359      324,000.00  324,000.00    5.625   1,518.75   10/1/2004           80      0-29      6ML        3.375
4000167508       360       97,600.00   97,600.00    5.875     477.83   11/1/2004        79.98      0-29      6ML        3.375
4000168336       359      500,000.00  500,000.00    7.875   3,281.25   10/1/2004         88.5      0-29      6ML        6.125
34990937         359      159,300.00  159,300.00    7.875   1,045.41   10/1/2004           90      0-29      6ML        6.625
4000166631       359      180,500.00  180,224.56    6.125   1,096.74   10/1/2004           95      0-29      6ML        5.125
34971002         359       74,800.00   74,800.00      8.5     529.83   10/1/2004           80      0-29      6ML        6.375
4000167138       359      251,750.00  251,538.50    6.875   1,653.82   10/1/2004           95      0-29      6ML        5.125
34283291         359      259,950.00  259,950.00      6.5   1,408.06   10/1/2004           80      0-29      6ML            4
35243823         358      194,350.00  194,029.81     6.99   1,291.72   10/1/2004           95      0-29      FIX            0
35156751         359      159,800.00  159,710.40    8.875   1,271.45   10/1/2004           85      0-29      6ML        7.125
4000178163       359      571,500.00  571,500.00     6.25   2,976.56   10/1/2004           90      0-29      6ML        4.875
34034488         359      130,000.00  130,000.00    7.625     826.04   10/1/2004        57.27      0-29      6ML            5
35224187         359       52,000.00   51,972.33    9.125     423.09   10/1/2004           80      0-29      6ML          6.5
34647008         359      107,950.00  107,865.79     7.25     736.41   10/1/2004           85      0-29      6ML        5.375
35072552         358      118,400.00  118,190.50    6.625     758.13    9/1/2004           80      0-29      6ML         4.75
34955971         359      372,000.00  372,000.00     5.75   1,782.50   10/1/2004           80      0-29      6ML        3.875
4000167290       179      133,000.00  132,602.71    7.625   1,242.39   10/1/2004           95      0-29      FIX            0
35123546         359       70,200.00   70,143.85    7.125     472.96   10/1/2004        88.86      0-29      6ML          5.5
4000176781       359      163,200.00  162,651.74        9   1,313.14   10/1/2004           85      0-29      FIX            0
35206424         359      201,500.00  201,500.00    6.625   1,112.45   10/1/2004        63.97      0-29      6ML         4.25
4000168505       359      144,000.00  143,884.00    7.125     970.15   10/1/2004           90      0-29      6ML        5.375
34867861         359      268,600.00  268,415.15    7.875   1,947.54   10/1/2004           85      0-29      6ML        6.125
34701086         358      172,250.00  172,051.06     8.75   1,355.10   10/1/2004           65      0-29      6ML            5
35131135         359       40,800.00   40,770.47    7.625     288.78   10/1/2004          100      0-29      6ML         6.25
35125186         359      147,200.00  147,100.00    5.875     720.67   10/1/2004           80      0-29      6ML         4.25
34554139         358       87,000.00   86,882.85        8     638.38    9/1/2004        90.63      0-29      FIX            0
34758409         359       74,000.00   73,954.00    8.375     562.46   10/1/2004        55.64      0-29      6ML        5.875
34697680         358      200,000.00  199,637.40      6.5   1,264.14   10/1/2004           80      0-29      6ML        4.625
33461393         356      173,000.00  172,395.03     7.25   1,180.17    9/1/2004        88.72      0-29      6ML          4.5
34858332         359      123,600.00  123,490.95    6.625     791.43   10/1/2004           80      0-29      6ML         4.75
4000167117       359       71,400.00   71,362.99     9.25     587.39   10/1/2004           85      0-29      6ML        7.375
33178732         357      100,000.00  100,000.00    7.875     656.25    9/1/2004        96.15      0-29      6ML        6.375
4000156910       359       92,000.00   92,000.00    5.999     459.92   10/1/2004           80      0-29      6ML         3.75
35016898         359      365,400.00  365,400.00    7.375   2,245.69   10/1/2004           90      0-29      6ML        5.875
34620047         359      261,600.00  261,374.76     6.75   1,696.74   10/1/2004        79.76      0-29      6ML         4.25
34653535         359       44,000.00   43,972.64    8.375     334.44   10/1/2004           80      0-29      FIX            0
34021030         359       95,000.00   93,761.58     6.75     616.17   10/1/2004        71.97      0-29      6ML         3.75
4000168400       359      304,000.00  304,000.00    5.125   1,298.33   10/1/2004           80      0-29      6ML        3.375
4000155919       358      375,200.00  375,200.00    6.375   1,993.25    9/1/2004           80      0-29      6ML            4
35082791         359       60,000.00   59,956.57    7.625     424.68   10/1/2004          100      0-29      6ML         6.25
35110451         359      169,700.00  169,546.59      6.5   1,072.62   10/1/2004         76.1      0-29      6ML        4.625
35069574         358       63,500.00   63,376.23    6.125     385.84    9/1/2004        79.97      0-29      6ML        4.375
4000172163       359       85,500.00   85,439.66     7.75     612.53   10/1/2004           90      0-29      6ML          6.5
4000169505       359      340,000.00  339,700.02    6.625   2,177.06   10/1/2004        79.07      0-29      6ML        3.375
32674848         354       60,000.00   60,000.00     7.75      387.5    9/1/2004           80      0-29      6ML         6.25
4000152374       359      140,000.00  140,000.00     5.75     670.83   10/1/2004           80      0-29      6ML          3.5
35131572         359      170,000.00  169,789.37     6.99   1,129.88   10/1/2004        94.44      0-29      6ML          5.5
35303189         359      400,000.00  400,000.00     7.75   2,583.33   10/1/2004           80      0-29      6ML        5.625
33897877         359      153,000.00  153,000.00     7.99   1,018.73   10/1/2004           90      0-29      6ML        5.625
34003954         359      135,000.00  134,868.78    6.125     820.28   10/1/2004        75.42      0-29      6ML            4
34716548         358      182,400.00  182,085.02     6.75   1,183.05    9/1/2004           95      0-29      FIX            0
4000165499       359      174,400.00  174,400.00    5.875     853.83   10/1/2004           80      0-29      6ML            4
34721456         359      220,700.00  220,700.00    6.125   1,126.49   10/1/2004        79.99      0-29      6ML         4.25
34657924         359       67,500.00   67,455.84    8.125     501.19   10/1/2004           90      0-29      FIX            0
35069160         359      110,400.00  110,400.00      6.5        598   10/1/2004           80      0-29      6ML            4

<CAPTION>
             INITIAL  PERIODIC                           PREPAYMENT
  LOANID       CAP      CAP       FLOOR    CEILING          TERM                                PREPAYMENT PENALTY
--------------------------------------------------------------------------------------------------------------------------
<S>             <C>      <C>      <C>       <C>              <C>                        <C>
34718148        1        1        7.625     13.625           24                              6 mo.s interest less 20% obal
35000355        3        1         8.75      14.75           24                         min (2% prepaid, 60 days interest)
32671679        3        1         6.75      12.75           24                                                 2% prepaid
34981431        3        1        8.625     14.625           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000167425      0        0            0          0           36                              6 mo.s interest less 20% obal
35232222        3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
34977801        3        1        7.625     13.625           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34999300        3        1        7.125     13.125           36                         min (2% prepaid, 60 days interest)
4000175781      3        1         5.25      11.25           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000166947      3        1          8.5       14.5           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34933911        0        0            0          0           24                              6 mo.s interest less 20% obal
35008788        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
4000172891      3        1        5.999     11.999           24                              6 mo.s interest less 20% obal
34991356        3        1         7.25      13.25           36                         min (2% prepaid, 60 days interest)
35123256        3        1        7.125     13.125           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35016450        3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
34759290        3        1        7.375     13.375           24                              6 mo.s interest less 20% obal
35015593        3        1        7.625     13.625            0                                                       None
35083195        3        1        7.625     13.625           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34992719        3        1            6         12           36                         min (2% prepaid, 60 days interest)
34865675        0        0            0          0           12                              6 mo.s interest less 20% obal
33381203        3        1         8.75      14.75           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35204841        3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
35147867        0        0            0          0            0                                                       None
4000172238      3        1        5.625     11.625           36                              6 mo.s interest less 20% obal
4000161464      3        1         8.75      14.75           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34860767        3        1          6.5       12.5           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35016674        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
34988279        3        1         8.25      14.25           24                         min (2% prepaid, 60 days interest)
34021360        3        1         8.25      14.25           12                              6 mo.s interest less 20% obal
34973370        3        1        8.625     14.625           24                              6 mo.s interest less 20% obal
4000161840      0        0            0          0           36                              6 mo.s interest less 20% obal
34380519        3        1         7.99      13.99           24                              6 mo.s interest less 20% obal
34652354        3        1        7.625     13.625           24                                                 2% prepaid
34932566        3        1         5.99      11.99           24                              6 mo.s interest less 20% obal
34933291        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
35107473        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
35146570        3        1          7.5       13.5            0                                                       None
4000166526      3        1          5.5       11.5           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000170576      3        1          6.5       12.5           36                              6 mo.s interest less 20% obal
4000169742      3        1        7.125     13.125           12                              6 mo.s interest less 20% obal
34866434        3        1        7.875     13.875            0                                                       None
4000150266      3        1        6.125     12.125           36                              6 mo.s interest less 20% obal
34646349        3        1            6         12           36                              6 mo.s interest less 20% obal
34554550        0        0            0          0           36                              6 mo.s interest less 20% obal
34652974        0        0            0          0           36                                                 2% prepaid
34977363        0        0            0          0           36                                                 1% prepaid
4000170764      3        1            6         12            0                                                       None
34800441        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
35152750        3        1        5.875     11.875            0                                                       None
35188366        3        1        5.625     11.625           36                              6 mo.s interest less 20% obal
4000167508      3        1        5.875     11.875           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000168336      3        1        7.875     13.875           24                              6 mo.s interest less 20% obal
34990937        3        1        7.875     13.875           36                         min (2% prepaid, 60 days interest)
4000166631      3        1        6.125     12.125           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34971002        3        1          8.5       14.5           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000167138      3        1        6.875     12.875           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34283291        3        1          6.5       12.5            0                                                       None
35243823        0        0            0          0           36                              6 mo.s interest less 20% obal
35156751        3        1        8.875     14.875            0                                                       None
4000178163      3        1         6.25      12.25            0                                                       None
34034488        3        1        7.625     13.625           24                              6 mo.s interest less 20% obal
35224187        3        1        9.125     15.125           24                              6 mo.s interest less 20% obal
34647008        3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
35072552        3        1        6.625     12.625            0                                                       None
34955971        3        1         5.75      11.75           24                              6 mo.s interest less 20% obal
4000167290      0        0            0          0           36                              6 mo.s interest less 20% obal
35123546        3        1        7.125     13.125           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000176781      0        0            0          0           36                              6 mo.s interest less 20% obal
35206424        3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
4000168505      3        1        7.125     13.125           12                              6 mo.s interest less 20% obal
34867861        3        1        7.875     13.875            0                                                       None
34701086        3        1         8.75      14.75           24                              6 mo.s interest less 20% obal
35131135        3        1        7.625     13.625           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35125186        3        1        5.875     11.875           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34554139        0        0            0          0            0                                                       None
34758409        3        1        8.375     14.375           36                              6 mo.s interest less 20% obal
34697680        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
33461393        3        1         7.25      13.25            0                                                       None
34858332        3        1        6.625     12.625           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000167117      3        1         9.25      15.25           24                              6 mo.s interest less 20% obal
33178732        3        1        7.875     13.875           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000156910      3        1        5.999     11.999            0                                                       None
35016898        3        1        7.375     13.375           36                              6 mo.s interest less 20% obal
34620047        3        1         6.75      12.75            0                                                       None
34653535        0        0            0          0           36                              6 mo.s interest less 20% obal
34021030        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
4000168400      3        1        5.125     11.125           24                              6 mo.s interest less 20% obal
4000155919      3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
35082791        3        1        7.625     13.625           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35110451        3        1          6.5       12.5            0                                                       None
35069574        3        1        6.125     12.125            0                                                       None
4000172163      3        1         7.75      13.75           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000169505      3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
32674848        3        1         7.75      13.75           36                                                 2% prepaid
4000152374      3        1         5.75      11.75            0                                                       None
35131572        3        1         6.99      12.99           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35303189        3        1         7.75      13.75           24                              6 mo.s interest less 20% obal
33897877        3        1         7.99      13.99           36                              6 mo.s interest less 20% obal
34003954        3        1        6.125     12.125            0                                                       None
34716548        0        0            0          0           36                              6 mo.s interest less 20% obal
4000165499      3        1        5.875     11.875           36                              6 mo.s interest less 20% obal
34721456        3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
34657924        0        0            0          0           36                                                 2% prepaid
35069160        3        1          6.5       12.5            0                                                       None

<CAPTION>
                                              PAYMENT
              FIRST RATE      RATE RESET       RESET                                  MI
  LOANID      RESET DATE       FREQUENCY     FREQUENCY  PURPOSE   DIV  IO    IOTERM  FLAG
-----------------------------------------------------------------------------------------
<S>           <C>                  <C>            <C>  <C>         <C>  <C>    <C>    <C>
34718148        3/1/2005           6              6    C/O Refi    N    Y      60     N
35000355        9/1/2006           6              6    Purchase    N    N       0     N
32671679        8/1/2006           6              6    Purchase    N    N       0     N
34981431        9/1/2006           6              6    Purchase    N    N       0     Y
4000167425    00/00/0000           0              0    R/T Refi    N    N       0     Y
35232222        9/1/2006           6              6    Purchase    N    Y      60     N
34977801        9/1/2006           6              6    Purchase    N    N       0     N
34999300        9/1/2006           6              6    Purchase    N    N       0     Y
4000175781      9/1/2006           6              6    R/T Refi    N    Y      60     N
4000166947      9/1/2006           6              6    Purchase    N    N       0     Y
34933911      00/00/0000           0              0    C/O Refi    N    N       0     N
35008788        9/1/2009           6              6    Purchase    N    Y      60     N
4000172891      9/1/2006           6              6    Purchase    N    Y      60     N
34991356        9/1/2009           6              6    C/O Refi    N    Y      60     N
35123256        9/1/2007           6              6    C/O Refi    N    N       0     Y
35016450        9/1/2006           6              6    Purchase    N    Y      60     N
34759290        9/1/2006           6              6    C/O Refi    N    N       0     Y
35015593        9/1/2006           6              6    Purchase    N    Y      60     N
35083195        9/1/2006           6              6    C/O Refi    N    N       0     N
34992719        9/1/2006           6              6    C/O Refi    N    N       0     Y
34865675      00/00/0000           0              0    Purchase    N    N       0     N
33381203        9/1/2006           6              6    Purchase    N    Y      60     N
35204841        9/1/2006           6              6    Purchase    N    Y      60     N
35147867      00/00/0000           0              0    Purchase    N    N       0     N
4000172238      9/1/2007           6              6    Purchase    N    Y      60     Y
4000161464      8/1/2006           6              6    C/O Refi    N    Y      60     N
34860767        9/1/2006           6              6    Purchase    N    N       0     N
35016674        9/1/2006           6              6    Purchase    N    Y      60     N
34988279        9/1/2006           6              6    C/O Refi    N    N       0     Y
34021360        9/1/2006           6              6    C/O Refi    N    Y      60     Y
34973370        9/1/2006           6              6    Purchase    N    N       0     N
4000161840    00/00/0000           0              0    R/T Refi    N    N       0     N
34380519        9/1/2006           6              6    C/O Refi    N    N       0     Y
34652354        9/1/2006           6              6    Purchase    N    N       0     N
34932566        9/1/2006           6              6    Purchase    N    Y      60     N
34933291        9/1/2006           6              6    C/O Refi    N    N       0     N
35107473        9/1/2006           6              6    Purchase    N    N       0     N
35146570        8/1/2006           6              6    Purchase    N    N       0     N
4000166526      9/1/2006           6              6    Purchase    N    Y      60     N
4000170576      9/1/2006           6              6    C/O Refi    N    N       0     Y
4000169742      9/1/2007           6              6    C/O Refi    N    Y      60     N
34866434        9/1/2007           6              6    C/O Refi    N    N       0     N
4000150266      7/1/2007           6              6    Purchase    N    Y      60     N
34646349        9/1/2009           6              6    C/O Refi    N    N       0     N
34554550      00/00/0000           0              0    Purchase    N    N       0     N
34652974      00/00/0000           0              0    C/O Refi    N    N       0     N
34977363      00/00/0000           0              0    C/O Refi    N    N       0     N
4000170764      9/1/2007           6              6    Purchase    N    Y      60     N
34800441        9/1/2006           6              6    Purchase    N    Y      60     N
35152750        9/1/2007           6              6    Purchase    N    Y      60     N
35188366        9/1/2009           6              6    Purchase    N    Y      60     N
4000167508     10/1/2009           6              6    Purchase    N    Y      60     N
4000168336      9/1/2006           6              6    Purchase    N    Y      60     N
34990937        9/1/2006           6              6    R/T Refi    N    Y      60     Y
4000166631      9/1/2006           6              6    C/O Refi    N    N       0     Y
34971002        9/1/2006           6              6    Purchase    N    Y      60     N
4000167138      9/1/2009           6              6    R/T Refi    N    N       0     Y
34283291        9/1/2006           6              6    Purchase    N    Y      60     N
35243823      00/00/0000           0              0    Purchase    N    N       0     Y
35156751        9/1/2007           6              6    C/O Refi    N    N       0     Y
4000178163      9/1/2007           6              6    Purchase    N    Y      60     N
34034488        9/1/2006           6              6    C/O Refi    N    Y      60     N
35224187        9/1/2006           6              6    Purchase    N    N       0     N
34647008        9/1/2006           6              6    C/O Refi    N    N       0     N
35072552        8/1/2007           6              6    Purchase    N    N       0     N
34955971        9/1/2006           6              6    Purchase    N    Y      60     N
4000167290    00/00/0000           0              0    C/O Refi    N    N       0     Y
35123546        9/1/2006           6              6    C/O Refi    N    N       0     N
4000176781    00/00/0000           0              0    R/T Refi    N    N       0     N
35206424        9/1/2006           6              6    C/O Refi    N    Y      60     N
4000168505      9/1/2006           6              6    R/T Refi    N    N       0     N
34867861        9/1/2006           6              6    C/O Refi    N    N       0     Y
34701086        8/1/2006           6              6    Purchase    N    N       0     N
35131135        9/1/2006           6              6    Purchase    N    N       0     Y
35125186        9/1/2006           6              6    Purchase    N    Y      60     N
34554139      00/00/0000           0              0    R/T Refi    N    N       0     Y
34758409        9/1/2007           6              6    C/O Refi    N    N       0     N
34697680        8/1/2007           6              6    Purchase    N    N       0     N
33461393        6/1/2006           6              6    C/O Refi    N    N       0     Y
34858332        9/1/2006           6              6    Purchase    N    N       0     N
4000167117      9/1/2006           6              6    R/T Refi    N    N       0     N
33178732        7/1/2006           6              6    C/O Refi    N    Y      60     N
4000156910      9/1/2009           6              6    Purchase    N    Y      60     N
35016898        9/1/2007           6              6    R/T Refi    N    Y      60     Y
34620047        9/1/2006           6              6    Purchase    N    N       0     N
34653535      00/00/0000           0              0    Purchase    N    N       0     N
34021030        9/1/2009           6              6    R/T Refi    N    N       0     N
4000168400      9/1/2006           6              6    Purchase    N    Y      60     N
4000155919      8/1/2009           6              6    Purchase    N    Y      60     N
35082791        9/1/2006           6              6    Purchase    N    N       0     Y
35110451        9/1/2007           6              6    C/O Refi    N    N       0     N
35069574        8/1/2007           6              6    Purchase    N    N       0     N
4000172163      9/1/2006           6              6    Purchase    N    N       0     N
4000169505      9/1/2006           6              6    Purchase    N    N       0     N
32674848        4/1/2006           6              6    Purchase    N    Y      60     N
4000152374      9/1/2009           6              6    Purchase    N    Y      60     N
35131572        9/1/2006           6              6    C/O Refi    N    N       0     Y
35303189        9/1/2006           6              6    C/O Refi    N    Y      60     N
33897877        9/1/2009           6              6    C/O Refi    N    Y      60     N
34003954        9/1/2006           6              6    C/O Refi    N    N       0     N
34716548      00/00/0000           0              0    Purchase    N    N       0     Y
4000165499      9/1/2007           6              6    C/O Refi    N    Y      60     N
34721456        9/1/2006           6              6    Purchase    N    Y      60     N
34657924      00/00/0000           0              0    C/O Refi    N    N       0     N
35069160        9/1/2009           6              6    Purchase    N    Y      60     N
</TABLE>


<PAGE>

<TABLE>
<CAPTION>
                                                          PROPERTY                    ORIGINAL ORIGINATION  FIRST PAY   MATURITY
  LOANID              CITY                 ZIP    STATE     TYPE       OCCUPANCY        TERM      DATE        DATE        DATE
--------------------------------------------------------------------------------------------------------------------------------
<S>           <C>                         <C>       <C>   <C>        <C>                <C>     <C>         <C>         <C>
34832535      MERIDEN                      6450     CT       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
4000171225    LAKEWOOD                    44107     OH    Units 2-4  Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34962399      LONDON                      43140     OH       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
34380253      PHILADELPHIA                19151     PA    Units 2-4     Investor        360     8/13/2004   10/1/2004   9/1/2034
34933572      ASHLAND                     97520     OR       SFR     Owner Occupied     360     7/28/2004   10/1/2004   9/1/2034
4000166030    PUYALLUP                    98374     WA       SFR     Owner Occupied     360     7/27/2004    9/1/2004   8/1/2034
34882431      BIRMINGHAM                  35208     AL       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
34464891      RANCHO PALOS VERDES         90275     CA       SFR     Owner Occupied     360      6/3/2004    8/1/2004   7/1/2034
35090273      MIDDLETOWN                  45044     OH       SFR     Owner Occupied     180     8/23/2004   10/1/2004   9/1/2019
4000175462    NEW HYDE PARK               11040     NY       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34853010      CHICAGO                     60628     IL       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
4000162459    SIERRA VISTA                85635     AZ       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
34700211      WEST PALM BEACH             33414     FL       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
35144310      CLARKSVILLE                 37042     TN       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34750653      DANVILLE                    24540     VA       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
34909952      MEMPHIS                     38125     TN       SFR     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
35244771      HOUSTON                     77049     TX       PUD     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35364447      NEPHI                       84648     UT       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000178564    FAIR OAKS                   95628     CA       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34620161      HARVARD                     60033     IL       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
35074434      CHARLOTTE                   28269     NC       PUD     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
4000169460    DEARBORN HEIGHTS            48125     MI       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
35029388      VALENCIA                    91355     CA       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
4000145726    TROY                        12180     NY       SFR     Owner Occupied     360     5/19/2004    7/1/2004   6/1/2034
34992727      MONTGOMERY                  56069     MN       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
34997940      WOODBURY                    55125     MN       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34713560      RANCHO MIRAGE               92270     CA       SFR     Owner Occupied     360     7/22/2004    9/1/2004   8/1/2034
34916684      CLARKSVILLE                 37042     TN       SFR     Owner Occupied     360      8/2/2004    9/1/2004   8/1/2034
34826628      CUMBERLAND                   2864     RI       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
34165944      ROCKTON                     61072     IL       SFR     Owner Occupied     360     6/28/2004    8/1/2004   7/1/2034
34831669      TRUMBULL                     6611     CT       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34239590      QUEEN CREEK                 85242     AZ       PUD     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
35208107      WILDOMAR                    92595     CA       PUD     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
4000176210    WILLIAMS                    95987     CA       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
34739318      SAINT GEORGE                84790     UT       SFR     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
35198498      IRVINE                      92618     CA      Condo    Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
34941302      VANCOUVER                   98662     WA       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
4000158891    DETROIT                     48227     MI       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
4000164679    WIXOM                       48393     MI      Condo    Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
34078642      NORTH LAS VEGAS             89031     NV       SFR     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
4000163604    PILOT HILL                  95664     CA       SFR     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
34712257      FULLERTON                   92831     CA       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
34509539      FRANKLIN                    45005     OH       SFR     Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
4000172102    ELYRIA                      44035     OH       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
4000167727    HAYWARD                     94541     CA      Condo    Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
34794339      SAN DIEGO                   92139     CA      Condo    Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35031087      INGLEWOOD                   90301     CA       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
34654376      MILWAUKEE                   53221     WI       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
4000162835    LATHRUP VILLAGE             48076     MI       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
34411199      PORTLAND                    97230     OR       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
35009398      AURORA                      80013     CO       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
35196013      YORBA LINDA                 92886     CA       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34700484      PORT SAINT LUCIE            34953     FL       SFR     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
35266246      BIG BEAR CITY               92314     CA       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35226059      DELTONA                     32738     FL       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
35157148      CLARKSVILLE                 37040     TN       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
35185453      LAKE FOREST                 92630     CA      Condo    Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
4000173846    AURORA                      44202     OH       PUD     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
35013382      THORNTON                    80229     CO       PUD     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
34524991      KANSAS CITY                 64131     MO       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35072644      BEAUFORT                    29906     SC       SFR     Owner Occupied     360      8/5/2004    9/1/2004   8/1/2034
4000166863    BAY POINT                   94565     CA       SFR     Owner Occupied     360     7/26/2004    9/1/2004   8/1/2034
34831875      JOHNSTON                     2919     RI       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
4000172512    WESTON                      33327     FL       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
35244268      HOUSTON                     77053     TX       SFR     Owner Occupied     180     8/12/2004   10/1/2004   9/1/2019
33950544      CHULA VISTA                 91913     CA      Condo    Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
4000167713    TAUNTON                      2780     MA       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
34472027      LYNWOOD                     90262     CA    Units 2-4  Owner Occupied     360     7/19/2004    9/1/2004   8/1/2034
4000166267    SAN RAFAEL                  94901     CA       PUD     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
35082841      MOUNT VERNON                43050     OH       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
4000171012    LAKE WORTH                  33463     FL       PUD     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
34976548      COLUMBUS                    43209     OH       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35081355      CHARLOTTE                   28215     NC       PUD     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35207331      SANTA CLARITA               91390     CA       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
34861146      CHICAGO                     60619     IL    Units 2-4  Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
4000167621    LAS VEGAS                   89123     NV       PUD     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
4000175950    WOODLAND                    95695     CA       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
4000166591    CHESTERFIELD TWP            48051     MI       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
4000176446    DALLAS                      75214     TX       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35132570      ZION                        60099     IL       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
33178948      DETROIT                     48219     MI       SFR     Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
35122563      CHICAGO                     60639     IL    Units 2-4  Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
34966515      HAMILTON                    45011     OH       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000176404    RICHMOND HILL               11419     NY    Units 2-4  Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000171984    LODI                        95240     CA       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
4000171943    FEDERAL WAY                 98003     WA       PUD     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
34939942      MAPLE VALLEY                98038     WA       PUD     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
35343862      ANNAPOLIS                   21403     MD       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35143619      LAWRENCEVILLE               30045     GA       SFR     Owner Occupied     360      8/3/2004    9/1/2004   8/1/2034
35071489      CARY                        27511     NC       SFR     Owner Occupied     360      8/6/2004    9/1/2004   8/1/2034
34672485      LONG BEACH                  90810     CA       SFR     Owner Occupied     360     6/17/2004    8/1/2004   7/1/2034
35234699      PALM COAST                  32164     FL       PUD        Investor        360     8/31/2004   10/1/2004   9/1/2034
35186170      NORTH HILLS                 91343     CA       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
4000175698    EVERETT                     98205     WA      Condo    Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35196120      CYPRESS                     90630     CA       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
33016668      LOGANSPORT                  46947     IN       SFR     Owner Occupied     180      8/2/2004   10/1/2004   9/1/2019
35116169      LONGVIEW                    75601     TX       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
4000175898    MODESTO                     95354     CA       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
4000178169    WELLINGTON                  44090     OH       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34218529      MINNEAPOLIS                 55412     MN       SFR        Investor        360     8/13/2004   10/1/2004   9/1/2034
34218537      MINNEAPOLIS                 55412     MN       SFR        Investor        360     8/16/2004   10/1/2004   9/1/2034
34218545      MINNEAPOLIS                 55412     MN       SFR        Investor        360     8/18/2004   10/1/2004   9/1/2034
34870196      CAMBRIA HEIGHTS             11411     NY       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
4000120057    ALIQUIPPA                   15001     PA       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
34956565      (SAN PEDRO AREA)LOS ANGELE  90732     CA       SFR     Owner Occupied     360     7/23/2004    9/1/2004   8/1/2034

<CAPTION>
                                                                                      ORIGINAL
                                                                                      COMBAINED
              REMAINING     ORIGINAL   SCHEDULED                       PAID THRU       LOAN TO      OTS
  LOANID        TERM        BALANCE     BALANCE      RATE      P&I        DATE          VALUE   DELINQUENCY INDEX       MARGIN
------------------------------------------------------------------------------------------------------------------------------
<S>              <C>      <C>         <C>           <C>     <C>        <C>              <C>        <C>       <C>        <C>
34832535         359      179,000.00  178,882.91    8.125   1,329.07   10/1/2004          100      0-29      6ML         6.75
4000171225       359      145,000.00  144,892.39      7.5   1,013.86   10/1/2004          100      0-29      6ML          6.5
34962399         359      103,500.00  103,413.04    6.875     679.93   10/1/2004        79.62      0-29      FIX            0
34380253         359       72,000.00   71,954.08     8.25     540.92   10/1/2004           80      0-29      FIX            0
34933572         359      262,500.00  262,244.86    6.125   1,594.98   10/1/2004           75      0-29      6ML            4
4000166030       358      181,960.00  181,960.00     5.99     908.28    9/1/2004           80      0-29      6ML            4
34882431         359       51,000.00   50,969.88    8.625     396.68   10/1/2004           85      0-29      FIX            0
34464891         357      000,000.00  000,000.00    5.375   4,479.17    9/1/2004         62.5      0-29      6ML         3.25
35090273         179       94,000.00   93,728.10     7.99     897.78   10/1/2004        89.52      0-29      FIX            0
4000175462       359      443,000.00  442,695.13    7.875   3,212.06   10/1/2004          100      0-29      FIX            0
34853010         359       60,000.00   59,937.35     5.75     350.15   10/1/2004           75      0-29      6ML        3.375
4000162459       359      180,000.00  180,000.00    5.375     806.25   10/1/2004           80      0-29      6ML        3.375
34700211         359      143,100.00  143,008.74     8.25   1,075.07   10/1/2004           90      0-29      6ML         6.25
35144310         359      128,800.00  128,694.42        7     856.91   10/1/2004           80      0-29      FIX            0
34750653         359      122,900.00  122,819.61    8.125     912.53   10/1/2004        94.98      0-29      6ML          6.5
34909952         358      181,000.00  181,000.00      6.5     980.42    9/1/2004        88.73      0-29      6ML         5.25
35244771         359      115,999.00  115,999.00    7.125     688.74   10/1/2004          100      0-29      6ML          5.5
35364447         359      175,500.00  175,500.00    6.125     895.78   10/1/2004           90      0-29      6ML        4.875
4000178564       359      267,950.00  267,950.00    6.375   1,423.48   10/1/2004           80      0-29      6ML         4.75
34620161         359      125,600.00  125,483.66    6.375     783.59   10/1/2004           80      0-29      6ML        4.375
35074434         359      260,200.00  260,200.00     6.75   1,463.63   10/1/2004           80      0-29      6ML        4.875
4000169460       359      126,000.00  125,908.81    7.625     891.82   10/1/2004           90      0-29      6ML            6
35029388         359      295,000.00  294,757.71     6.99   1,960.67   10/1/2004        63.99      0-29      6ML            5
4000145726       356       99,000.00   98,830.12     7.75     709.25   10/1/2004           90      0-29      6ML         6.25
34992727         359      163,700.00  163,587.34    7.875   1,186.94   10/1/2004        64.99      0-29      6ML        5.875
34997940         359      222,400.00  222,400.00    6.375   1,181.50   10/1/2004           80      0-29      6ML        4.625
34713560         358      341,200.00  341,200.00    6.375   1,812.63    9/1/2004        79.99      0-29      6ML          4.5
34916684         358       59,600.00   59,509.00    7.375     411.65   10/1/2004           80      0-29      FIX            0
34826628         359      192,000.00  191,864.48     7.75   1,375.52   10/1/2004         79.5      0-29      6ML        5.625
34165944         357      185,250.00  184,791.77        7   1,232.48    9/1/2004           95      0-29      FIX            0
34831669         359      287,200.00  287,200.00    6.875   1,645.42   10/1/2004           80      0-29      6ML            5
34239590         359      167,500.00  167,375.69      7.5   1,171.19   10/1/2004          100      0-29      6ML         5.75
35208107         359      368,950.00  368,950.00    7.375   2,267.51   10/1/2004        94.85      0-29      6ML            6
4000176210       359      290,000.00  290,000.00      6.5   1,570.83   10/1/2004        86.57      0-29      6ML            5
34739318         358      215,000.00  214,650.27    7.125   1,448.50    9/1/2004        84.31      0-29      6ML        5.375
35198498         359      600,000.00  599,416.83    6.125   3,645.67   10/1/2004           80      0-29      6ML        3.875
34941302         359      164,600.00  164,600.00    6.625     908.73   10/1/2004           80      0-29      6ML         4.25
4000158891       359       72,000.00   71,951.69        8     528.31   10/1/2004           90      0-29      6ML        6.625
4000164679       359      222,300.00  222,122.23    7.125   1,497.68   10/1/2004           90      0-29      6ML        5.625
34078642         358      180,000.00  179,900.00     6.25      937.5   10/1/2004           80      0-29      6ML         4.25
4000163604       359      255,550.00  255,345.64    7.125   1,721.69   10/1/2004         53.8      0-29      6ML            5
34712257         359      504,000.00  503,576.57    6.875   3,310.93   10/1/2004           70      0-29      FIX            0
34509539         358       60,800.00   60,697.53    6.875     399.42    9/1/2004           80      0-29      6ML         4.75
4000172102       359       73,600.00   73,600.00      6.5     398.67   10/1/2004           80      0-29      6ML        4.625
4000167727       359      260,000.00  260,000.00    6.375   1,381.25   10/1/2004           80      0-29      6ML        4.375
34794339         359      360,000.00  360,000.00    7.625   2,287.50   10/1/2004          100      0-29      6ML         5.75
35031087         359      232,000.00  231,763.46    5.875   1,372.37   10/1/2004        65.35      0-29      6ML         3.75
34654376         359      165,100.00  165,100.00     7.75   1,066.27   10/1/2004        86.85      0-29      6ML          6.5
4000162835       359      175,500.00  175,379.22    7.875   1,272.50   10/1/2004        81.63      0-29      6ML        6.125
34411199         359      243,250.00  243,250.00    7.875   1,596.33   10/1/2004        91.79      0-29      6ML        5.875
35009398         359      188,000.00  188,000.00     5.99     938.43   10/1/2004           80      0-29      6ML        3.875
35196013         359      374,000.00  374,000.00    5.875   1,831.04   10/1/2004           80      0-29      6ML        3.875
34700484         358       50,000.00   49,930.95    7.875     362.54   10/1/2004        27.78      0-29      6ML        5.625
35266246         359      304,000.00  304,000.00     7.25   1,836.67   10/1/2004        78.96      0-29      6ML        4.125
35226059         359      112,300.00  112,300.00    6.375     596.59   10/1/2004        94.92      0-29      6ML        4.875
35157148         359      138,950.00  138,865.82      8.5   1,068.41   10/1/2004          100      0-29      FIX            0
35185453         359      280,000.00  280,000.00    5.875   1,370.83   10/1/2004           80      0-29      6ML          3.5
4000173846       359       87,000.00   87,000.00    6.625     480.31   10/1/2004          100      0-29      6ML         5.25
35013382         359      165,600.00  165,600.00        6        828   10/1/2004           80      0-29      6ML         4.25
34524991         359       66,300.00   66,254.36    7.875     480.73   10/1/2004           85      0-29      6ML            6
35072644         358       89,600.00   89,599.33    6.875     513.33    9/1/2004           80      0-29      6ML        4.875
4000166863       358      283,000.00  283,000.00    5.875   1,385.52   10/1/2004        75.47      0-29      6ML        3.375
34831875         359      164,750.00  164,604.64    6.625   1,054.92   10/1/2004        74.89      0-29      FIX            0
4000172512       359      224,000.00  224,000.00     6.75   1,260.00   10/1/2004           80      0-29      6ML        4.875
35244268         179       40,000.00   39,889.43      8.5      393.9   10/1/2004        54.05      0-29      FIX            0
33950544         359      295,900.00  295,900.00    6.125   1,510.32   10/1/2004        79.99      0-29      6ML            4
4000167713       359      170,000.00  169,860.66        7   1,131.01   10/1/2004        58.62      0-29      6ML            5
34472027         358      260,000.00  259,436.99     5.99   1,557.17    9/1/2004           80      0-29      6ML        4.375
4000166267       359      665,000.00  665,000.00    6.125   3,394.27   10/1/2004        79.17      0-29      6ML        3.375
35082841         359      114,000.00  113,930.93      8.5     876.57   10/1/2004          100      0-29      6ML          6.5
4000171012       359      172,000.00  172,000.00      6.5     931.67   10/1/2004           80      0-29      6ML        4.625
34976548         359      210,000.00  210,000.00    7.125   1,246.88   10/1/2004          100      0-29      6ML        5.125
35081355         359       87,700.00   87,700.00    6.375     465.91   10/1/2004           80      0-29      6ML          4.5
35207331         359      560,000.00  560,000.00    5.875   2,741.67   10/1/2004        74.67      0-29      6ML        3.625
34861146         359       84,000.00   83,934.47     7.25     573.03   10/1/2004        72.41      0-29      FIX            0
4000167621       359      280,000.00  279,807.31    7.875   2,030.19   10/1/2004           70      0-29      FIX            0
4000175950       359      260,000.00  260,000.00     5.75   1,245.83   10/1/2004           80      0-29      6ML        4.125
4000166591       359      150,400.00  150,296.50    7.875   1,090.50   10/1/2004        82.19      0-29      6ML        6.625
4000176446       359      248,000.00  248,000.00    6.375   1,317.50   10/1/2004           80      0-29      6ML        4.125
35132570         359      103,500.00  103,430.55        8     759.45   10/1/2004           90      0-29      6ML            6
33178948         358      108,800.00  108,602.73      6.5      687.7    9/1/2004           80      0-29      6ML        4.875
35122563         358      280,500.00  279,951.17    6.625   1,796.08    9/1/2004           85      0-29      6ML        5.125
34966515         359      121,600.00  121,600.00    7.625     772.67   10/1/2004           95      0-29      6ML          5.5
4000176404       359      395,000.00  394,634.15    6.375   2,464.29   10/1/2004          100      0-29      6ML            5
4000171984       359      272,800.00  272,643.05     8.75   2,146.12   10/1/2004           85      0-29      6ML        5.125
4000171943       359      355,960.00  355,960.00    6.125   1,816.88   10/1/2004           80      0-29      6ML         4.25
34939942         359      180,000.00  180,000.00    6.375     956.25   10/1/2004           80      0-29      6ML        4.125
35343862         359      214,000.00  214,000.00    6.125   1,092.29   10/1/2004           80      0-29      6ML        3.875
35143619         358      102,000.00  102,000.00     6.75     573.75    9/1/2004           80      0-29      6ML        4.625
35071489         358      143,200.00  143,200.00    5.875     701.08    9/1/2004           80      0-29      6ML         3.75
34672485         357      405,000.00  404,999.99     6.25   2,109.38    9/1/2004          100      0-29      6ML            5
35234699         359      113,950.00  113,950.00      7.5     712.19   10/1/2004        89.96      0-29      6ML        5.125
35186170         359      441,000.00  441,000.00    6.375   2,342.81   10/1/2004           90      0-29      6ML         4.75
4000175698       359      188,100.00  188,100.00        7   1,097.25   10/1/2004           90      0-29      6ML          5.5
35196120         359      636,000.00  636,000.00    5.875   3,113.75   10/1/2004           80      0-29      6ML        3.375
33016668         179       65,700.00   65,512.22    8.125     632.62   10/1/2004        77.29      0-29      FIX            0
35116169         359       56,000.00   55,972.45      9.5     470.88   10/1/2004          100      0-29      6ML         6.75
4000175898       359      226,550.00  226,550.00    5.875   1,109.15   10/1/2004           80      0-29      6ML        3.875
4000178169       359      174,000.00  173,874.07    7.625   1,231.56   10/1/2004          100      0-29      6ML        5.875
34218529         359      121,500.00  121,500.00    6.875     696.09   10/1/2004        89.67      0-29      6ML          4.5
34218537         359      159,300.00  159,300.00    6.875     912.66   10/1/2004           90      0-29      6ML         4.75
34218545         359      152,100.00  152,100.00    6.875     871.41   10/1/2004           90      0-29      6ML         4.75
34870196         359      266,000.00  265,759.52      6.5   1,681.31   10/1/2004           95      0-29      6ML        5.375
4000120057       359      186,200.00  186,200.00     5.25     814.62   10/1/2004        79.98      0-29      6ML          3.5
34956565         358      560,000.00  560,000.00     6.75   3,150.00    9/1/2004        78.87      0-29      6ML        4.375

<CAPTION>
             INITIAL  PERIODIC                           PREPAYMENT
  LOANID       CAP      CAP       FLOOR    CEILING          TERM                                PREPAYMENT PENALTY
--------------------------------------------------------------------------------------------------------------------------
<S>             <C>      <C>      <C>       <C>              <C>                        <C>
34832535        3        1        8.125     14.125           24                              6 mo.s interest less 20% obal
4000171225      3        1          7.5       13.5           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34962399        0        0            0          0           36                                                 1% prepaid
34380253        0        0            0          0           36                              6 mo.s interest less 20% obal
34933572        3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
4000166030      3        1         5.99      11.99           24                              6 mo.s interest less 20% obal
34882431        0        0            0          0            0                                                       None
34464891        3        1        5.375     11.375           36                              6 mo.s interest less 20% obal
35090273        0        0            0          0           36                                                 1% prepaid
4000175462      0        0            0          0            0                                                       None
34853010        3        1         5.75      11.75           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000162459      3        1        5.375     11.375           24                              6 mo.s interest less 20% obal
34700211        3        1         8.25      14.25           24                              6 mo.s interest less 20% obal
35144310        0        0            0          0           36                              6 mo.s interest less 20% obal
34750653        3        1        8.125     14.125           24                              6 mo.s interest less 20% obal
34909952        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
35244771        3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
35364447        3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
4000178564      3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
34620161        3        1        6.375     12.375           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35074434        3        1         6.75      12.75            0                                                       None
4000169460      3        1        7.625     13.625           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35029388        3        1         6.99      12.99           24                              6 mo.s interest less 20% obal
4000145726      3        1         7.75      13.75            0                                                       None
34992727        3        1        7.875     13.875           24                         min (2% prepaid, 60 days interest)
34997940        3        1        6.375     12.375           36                         min (2% prepaid, 60 days interest)
34713560        3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
34916684        0        0            0          0           36                              6 mo.s interest less 20% obal
34826628        3        1         7.75      13.75           24                              6 mo.s interest less 20% obal
34165944        0        0            0          0            0                                                       None
34831669        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
34239590        3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
35208107        3        1        7.375     13.375           24                              6 mo.s interest less 20% obal
4000176210      3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
34739318        3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
35198498        3        1        6.125     12.125           36                              6 mo.s interest less 20% obal
34941302        3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
4000158891      3        1            8         14           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000164679      3        1        7.125     13.125           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34078642        3        1         6.25      12.25           36                              6 mo.s interest less 20% obal
4000163604      3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
34712257        0        0            0          0           36                              6 mo.s interest less 20% obal
34509539        3        1        6.875     12.875           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000172102      3        1          6.5       12.5           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000167727      3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
34794339        3        1        7.625     13.625           24                              6 mo.s interest less 20% obal
35031087        3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
34654376        3        1         7.75      13.75           24                              6 mo.s interest less 20% obal
4000162835      3        1        7.875     13.875           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34411199        3        1        7.875     13.875           36                              6 mo.s interest less 20% obal
35009398        3        1         5.99      11.99           36                              6 mo.s interest less 20% obal
35196013        3        1        5.875     11.875           36                              6 mo.s interest less 20% obal
34700484        3        1        7.875     13.875           24                              6 mo.s interest less 20% obal
35266246        3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
35226059        3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
35157148        0        0            0          0           24                              6 mo.s interest less 20% obal
35185453        3        1        5.875     11.875           36                              6 mo.s interest less 20% obal
4000173846      3        1        6.625     12.625           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35013382        3        1            6         12           24                              6 mo.s interest less 20% obal
34524991        3        1        7.875     13.875           24                                                 2% prepaid
35072644        3        1        6.875     12.875            0                                                       None
4000166863      3        1        5.875     11.875           36                              6 mo.s interest less 20% obal
34831875        0        0            0          0           12                                                 2% prepaid
4000172512      3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
35244268        0        0            0          0            0                                                       None
33950544        3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
4000167713      3        1            7         13           24                              6 mo.s interest less 20% obal
34472027        3        1         5.99      11.99           24                              6 mo.s interest less 20% obal
4000166267      3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
35082841        3        1          8.5       14.5           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000171012      3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
34976548        3        1        7.125     13.125           12                              3%/2%/1%-1st yr/2nd yr/3rd yr
35081355        3        1        6.375     12.375            0                                                       None
35207331        3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
34861146        0        0            0          0            0                                                       None
4000167621      0        0            0          0           36                              6 mo.s interest less 20% obal
4000175950      3        1         5.75      11.75           24                              6 mo.s interest less 20% obal
4000166591      3        1        7.875     13.875           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000176446      3        1        6.375     12.375           36                              6 mo.s interest less 20% obal
35132570        3        1            8         14           12                              3%/2%/1%-1st yr/2nd yr/3rd yr
33178948        3        1          6.5       12.5           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35122563        3        1        6.625     12.625           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34966515        3        1        7.625     13.625           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000176404      3        1        6.375     12.375            0                                                       None
4000171984      3        1         8.75      14.75            0                                                       None
4000171943      3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
34939942        3        1        6.375     12.375           36                              6 mo.s interest less 20% obal
35343862        3        1        6.125     12.125           12                              6 mo.s interest less 20% obal
35143619        3        1         6.75      12.75            0                                                       None
35071489        3        1        5.875     11.875            0                                                       None
34672485        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
35234699        3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
35186170        3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
4000175698      3        1            7         13           24                              6 mo.s interest less 20% obal
35196120        3        1        5.875     11.875            0                                                       None
33016668        0        0            0          0           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35116169        3        1          9.5       15.5           24                              6 mo.s interest less 20% obal
4000175898      3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
4000178169      3        1        7.625     13.625           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34218529        3        1        6.875     12.875           36                         min (2% prepaid, 60 days interest)
34218537        3        1        6.875     12.875           36                         min (2% prepaid, 60 days interest)
34218545        3        1        6.875     12.875           36                         min (2% prepaid, 60 days interest)
34870196        3        1          6.5       12.5            0                                                       None
4000120057      3        1         5.25      11.25           24                              6 mo.s interest less 20% obal
34956565        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal

<CAPTION>
                                              PAYMENT
              FIRST RATE      RATE RESET       RESET                                  MI
  LOANID      RESET DATE       FREQUENCY     FREQUENCY  PURPOSE   DIV  IO    IOTERM  FLAG
-----------------------------------------------------------------------------------------
<S>           <C>                  <C>            <C>  <C>         <C>  <C>    <C>    <C>
34832535        9/1/2006           6              6    Purchase    N    N       0     N
4000171225      9/1/2006           6              6    Purchase    N    N       0     N
34962399      00/00/0000           0              0    C/O Refi    N    N       0     N
34380253      00/00/0000           0              0    Purchase    N    N       0     N
34933572        9/1/2006           6              6    C/O Refi    N    N       0     N
4000166030      8/1/2006           6              6    Purchase    N    Y      60     N
34882431      00/00/0000           0              0    R/T Refi    N    N       0     Y
34464891        7/1/2007           6              6    Purchase    N    Y      60     N
35090273      00/00/0000           0              0    C/O Refi    N    N       0     Y
4000175462    00/00/0000           0              0    Purchase    N    N       0     N
34853010        9/1/2006           6              6    C/O Refi    N    N       0     N
4000162459      9/1/2009           6              6    C/O Refi    N    Y      60     N
34700211        9/1/2006           6              6    C/O Refi    N    N       0     Y
35144310      00/00/0000           0              0    Purchase    N    N       0     N
34750653        9/1/2006           6              6    C/O Refi    N    N       0     N
34909952        8/1/2006           6              6    R/T Refi    N    Y      60     Y
35244771        9/1/2006           6              6    Purchase    N    Y      60     N
35364447        9/1/2006           6              6    C/O Refi    N    Y      60     Y
4000178564      9/1/2006           6              6    Purchase    N    Y      60     N
34620161        9/1/2006           6              6    C/O Refi    N    N       0     N
35074434        9/1/2007           6              6    Purchase    N    Y      60     N
4000169460      9/1/2006           6              6    R/T Refi    N    N       0     Y
35029388        9/1/2006           6              6    C/O Refi    N    N       0     N
4000145726      6/1/2007           6              6    C/O Refi    N    N       0     N
34992727        9/1/2006           6              6    Purchase    N    N       0     N
34997940        9/1/2006           6              6    C/O Refi    N    Y      60     N
34713560        8/1/2006           6              6    Purchase    N    Y      60     N
34916684      00/00/0000           0              0    Purchase    N    N       0     N
34826628        9/1/2006           6              6    C/O Refi    N    N       0     N
34165944      00/00/0000           0              0    Purchase    N    N       0     Y
34831669        9/1/2006           6              6    Purchase    N    Y      60     N
34239590        9/1/2006           6              6    Purchase    N    N       0     N
35208107        9/1/2006           6              6    Purchase    N    Y      60     N
4000176210      9/1/2006           6              6    C/O Refi    N    Y      60     Y
34739318        8/1/2006           6              6    C/O Refi    N    N       0     Y
35198498        9/1/2009           6              6    C/O Refi    N    N       0     N
34941302        9/1/2009           6              6    Purchase    N    Y      60     N
4000158891      9/1/2006           6              6    R/T Refi    N    N       0     N
4000164679      9/1/2007           6              6    R/T Refi    N    N       0     N
34078642        8/1/2007           6              6    Purchase    N    Y      60     N
4000163604      9/1/2006           6              6    C/O Refi    N    N       0     N
34712257      00/00/0000           0              0    Purchase    N    N       0     N
34509539        8/1/2006           6              6    R/T Refi    N    N       0     N
4000172102      9/1/2006           6              6    Purchase    N    Y      60     N
4000167727      9/1/2006           6              6    Purchase    N    Y      60     N
34794339        9/1/2006           6              6    Purchase    N    Y      60     N
35031087        9/1/2006           6              6    C/O Refi    N    N       0     N
34654376        9/1/2006           6              6    Purchase    N    Y      60     N
4000162835      9/1/2006           6              6    C/O Refi    N    N       0     Y
34411199        9/1/2009           6              6    C/O Refi    N    Y      60     Y
35009398        9/1/2007           6              6    C/O Refi    N    Y      60     N
35196013        9/1/2009           6              6    Purchase    N    Y      60     N
34700484        8/1/2006           6              6    C/O Refi    N    N       0     N
35266246        9/1/2009           6              6    C/O Refi    N    Y      60     N
35226059        9/1/2006           6              6    Purchase    N    Y      60     Y
35157148      00/00/0000           0              0    Purchase    N    N       0     N
35185453        9/1/2009           6              6    Purchase    N    Y      60     N
4000173846      9/1/2006           6              6    Purchase    N    Y      60     N
35013382        9/1/2006           6              6    Purchase    N    Y      60     N
34524991        9/1/2006           6              6    C/O Refi    N    N       0     Y
35072644        8/1/2007           6              6    Purchase    N    Y      60     N
4000166863      8/1/2009           6              6    C/O Refi    N    Y      60     N
34831875      00/00/0000           0              0    C/O Refi    N    N       0     N
4000172512      9/1/2006           6              6    Purchase    N    Y      60     N
35244268      00/00/0000           0              0    C/O Refi    N    N       0     N
33950544        9/1/2006           6              6    Purchase    N    Y      60     N
4000167713      9/1/2006           6              6    R/T Refi    N    N       0     N
34472027        8/1/2006           6              6    Purchase    N    N       0     N
4000166267      9/1/2009           6              6    Purchase    N    Y      60     N
35082841        9/1/2006           6              6    Purchase    N    N       0     N
4000171012      9/1/2006           6              6    Purchase    N    Y      60     N
34976548        9/1/2006           6              6    Purchase    N    Y      60     N
35081355        9/1/2007           6              6    Purchase    N    Y      60     N
35207331        9/1/2006           6              6    C/O Refi    N    Y      60     N
34861146      00/00/0000           0              0    C/O Refi    N    N       0     N
4000167621    00/00/0000           0              0    R/T Refi    N    N       0     N
4000175950      9/1/2006           6              6    Purchase    N    Y      60     N
4000166591      9/1/2006           6              6    C/O Refi    N    N       0     Y
4000176446      9/1/2009           6              6    Purchase    N    Y      60     N
35132570        9/1/2006           6              6    Purchase    N    N       0     Y
33178948        8/1/2006           6              6    C/O Refi    Y    N       0     N
35122563        8/1/2006           6              6    C/O Refi    N    N       0     N
34966515        9/1/2009           6              6    C/O Refi    N    Y      60     N
4000176404      9/1/2006           6              6    R/T Refi    N    N       0     Y
4000171984      9/1/2006           6              6    Purchase    N    N       0     N
4000171943      9/1/2006           6              6    Purchase    N    Y      60     N
34939942        9/1/2009           6              6    Purchase    N    Y      60     N
35343862        9/1/2006           6              6    Purchase    N    Y      60     N
35143619        8/1/2007           6              6    Purchase    N    Y      60     N
35071489        8/1/2007           6              6    Purchase    N    Y      60     N
34672485        7/1/2006           6              6    Purchase    N    Y      60     N
35234699        9/1/2006           6              6    Purchase    N    Y      60     Y
35186170        9/1/2006           6              6    C/O Refi    N    Y      60     Y
4000175698      9/1/2006           6              6    Purchase    N    Y      60     Y
35196120        9/1/2006           6              6    Purchase    N    Y      60     N
33016668      00/00/0000           0              0    C/O Refi    N    N       0     N
35116169        9/1/2006           6              6    Purchase    N    N       0     N
4000175898      9/1/2006           6              6    Purchase    N    Y      60     N
4000178169      9/1/2006           6              6    Purchase    N    N       0     N
34218529        9/1/2007           6              6    Purchase    N    Y      60     Y
34218537        9/1/2007           6              6    Purchase    N    Y      60     Y
34218545        9/1/2007           6              6    Purchase    N    Y      60     Y
34870196        9/1/2007           6              6    Purchase    N    N       0     Y
4000120057      9/1/2009           6              6    Purchase    N    Y      60     N
34956565        8/1/2006           6              6    C/O Refi    N    Y      60     N
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
                                                          PROPERTY                    ORIGINAL ORIGINATION  FIRST PAY   MATURITY
  LOANID              CITY                 ZIP    STATE     TYPE       OCCUPANCY        TERM      DATE        DATE        DATE
--------------------------------------------------------------------------------------------------------------------------------
<S>           <C>                         <C>       <C>   <C>        <C>                <C>     <C>         <C>         <C>
34931436      PORTLAND                    97266     OR       SFR        Investor        360     7/30/2004   10/1/2004   9/1/2034
4000165491    WARRENTON                   20186     VA       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
35071117      BURLINGTON                  27217     NC       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
4000166474    VISALIA                     93292     CA       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
35030725      LOS ANGELES                 90047     CA       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34236786      TOLLESON                    85353     AZ       PUD     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
34648972      SAINT LOUIS                 63116     MO       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
34760363      HUNTINGTOWN                 20639     MD       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34854331      ROCK ISLAND                 61201     IL       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
35202696      TEMECULA                    92592     CA       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34377713      MEDIA                       19063     PA       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
4000156636    TOLEDO                      43606     OH       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
34739896      HUNTSVILLE                  84317     UT       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
34761320      HYATTSVILLE                 20783     MD      Condo    Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35151513      NASHVILLE                   37211     TN       PUD     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34987719      MANTORVILLE                 55955     MN       SFR     Owner Occupied     360     7/27/2004    9/1/2004   8/1/2034
4000177844    NORTH OLMSTED               44070     OH       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34294447      PORTERVILLE                 93257     CA       SFR     Owner Occupied     360     7/27/2004   10/1/2004   9/1/2034
35081975      CHARLOTTE                   28216     NC       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35343508      NEWPORT NEWS                23606     VA       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
34952564      SAN CLEMENTE                92673     CA       PUD     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
34753699      WOODBRIDGE                  22192     VA      Condo    Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
34855130      PALINFIELD                  60544     IL       PUD     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
34917526      AUBURN                      36830     AL       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34986927      EDINA                       55439     MN       SFR     Owner Occupied     360     7/27/2004    9/1/2004   8/1/2034
34941740      MILWAUKIE                   97222     OR       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
34995969      VADNAIS HEIGHTS             55127     MN       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35127794      CALUMET CITY                60409     IL    Units 2-4  Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35225259      HOLIDAY                     34691     FL       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
35247907      HOUSTON                     77058     TX       PUD     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
4000173129    FLINT                       48507     MI      Condo    Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34238741      GOODYEAR                    85338     AZ       PUD     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
34381970      BENSALEM                    19020     PA       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34739557      OGDEN                       84404     UT       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
34868000      MASPETH                     11378     NY    Units 2-4  Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34970897      MIDDLETOWN                  45044     OH       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
34993022      FORT MORGAN                 80701     CO       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
35149137      NASHVILLE                   37206     TN       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35149681      PEACHTREE CITY              30269     GA       PUD     Owner Occupied     360      8/4/2004    9/1/2004   8/1/2034
35182534      TUSTIN                      92780     CA       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
35203215      HEMET                       92545     CA       PUD     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
4000167865    VENTURA                     93001     CA    Units 2-4  Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
4000168509    MOUNTAIN VIEW               94043     CA       PUD     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
33017096      ELWOOD                      46036     IN       SFR     Owner Occupied     360     7/27/2004   10/1/2004   9/1/2034
34380220      TEWKSBURY                    8833     NJ       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34649459      DES MOINES                  50313     IA       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34700377      GREENACRES                  33463     FL       PUD     Owner Occupied     360     7/27/2004    9/1/2004   8/1/2034
34860171      CHICAGO                     60609     IL    Units 2-4     Investor        360      8/5/2004   10/1/2004   9/1/2034
34898924      JACKSONVILLE                32257     FL       PUD     Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
35106251      ARLINGTON                   76013     TX       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
35107986      MCKINNEY                    75070     TX       PUD     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
35146182      LOCUST GROVE                30248     GA       PUD     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
4000165996    SHELTON                     98584     WA       SFR        Investor        360     7/28/2004    9/1/2004   8/1/2034
4000166151    SALIDA                      95368     CA       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
34963850      OWENSBORO                   42301     KY       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34999201      ANDOVER                     55304     MN       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
35078989      CHARLOTTE                   28215     NC       PUD     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
35079078      ANDERSON                    29625     SC       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35116268      GRAPEVINE                   76051     TX       PUD     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35159755      DRY BRANCH                  31020     GA       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
35159946      GALLATIN                    37066     TN       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35228493      PENSACOLA                   32526     FL       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
32677809      JANESVILLE                  53548     WI       SFR     Owner Occupied     360      4/8/2004    6/1/2004   5/1/2034
34061226      DENTON                      76205     TX       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
34199612      DECATUR                     30035     GA       SFR     Owner Occupied     360     5/18/2004    7/1/2004   6/1/2034
4000137407    PEARLAND                    77584     TX       PUD     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34976803      HILLSBORO                   45133     OH       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35074467      RALEIGH                     27616     NC       PUD     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
35111632      FORT WORTH                  76148     TX       SFR     Owner Occupied     180     8/16/2004   10/1/2004   9/1/2019
35126523      OAKWOOD HILLS               60013     IL       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
35151612      STONE MOUNTAIN              30088     GA       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
35243773      HOUSTON                     77004     TX       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
35262542      BANNING                     92220     CA       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
4000170574    MACOMB                      48044     MI      Condo    Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34559583      ALLEN                       75002     TX       PUD     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
35025592      SANTA CLARITA               91321     CA      Condo    Owner Occupied     360     7/21/2004    9/1/2004   8/1/2034
34652362      SAINT LOUIS                 63120     MO       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
33015082      FRANKLIN                    46131     IN       PUD     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
35149426      DALLAS                      30157     GA       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35204890      LAKE ELSINORE               92532     CA       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
34760124      OWINGS                      20736     MD       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
34561720      NORTH RICHLAND HILLS        76180     TX       SFR     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
35068139      COLUMBIA                    29223     SC       SFR     Owner Occupied     360      8/3/2004    9/1/2004   8/1/2034
35009687      DENVER                      80222     CO       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35005719      EVANS                       80620     CO       SFR     Owner Occupied     360     7/28/2004   10/1/2004   9/1/2034
34867952      PENN YAN                    14527     NY       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34640920      BIRMINGHAM                  35217     AL       SFR     Owner Occupied     360      8/4/2004    9/1/2004   8/1/2034
34802207      LAKE ORION                  48362     MI       SFR     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
34907949      LAVERGNE                    37086     TN       SFR     Owner Occupied     360     6/30/2004    9/1/2004   8/1/2034
4000158173    HANOVERTON                  44423     OH       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
34995654      ROSEVILLE                   55113     MN       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
34372912      LAKEWOOD                     8701     NJ       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
35076819      LELAND                      28451     NC       SFR        Investor        360     8/25/2004   10/1/2004   9/1/2034
34933671      VANCOUVER                   98662     WA       SFR     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
35125582      CAROL STREAM                60188     IL      Condo    Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
4000173266    SPOKANE                     99207     WA       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
35342286      CHESAPEAKE BEACH            20732     MD       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34724203      PLEASANT GROVE              84062     UT      Condo    Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
4000174932    WOODLAND HILLS AREA         91364     CA       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34543652      THRALL                      76547     TX       SFR     Owner Occupied     360     5/26/2004    7/1/2004   6/1/2034
35013150      NORTHGLENN                  80233     CO       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
4000177030    SUISUN CITY                 94585     CA       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
34078709      LAS VEGAS                   89145     NV       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
34466599      REDLANDS                    92374     CA       SFR     Owner Occupied     360     7/26/2004    9/1/2004   8/1/2034
35209253      CHULA VISTA                 91913     CA      Condo    Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034

<CAPTION>
                                                                                      ORIGINAL
                                                                                      COMBAINED
              REMAINING     ORIGINAL   SCHEDULED                       PAID THRU       LOAN TO      OTS
  LOANID        TERM        BALANCE     BALANCE      RATE      P&I        DATE          VALUE   DELINQUENCY INDEX       MARGIN
------------------------------------------------------------------------------------------------------------------------------
<S>              <C>      <C>         <C>           <C>     <C>        <C>              <C>        <C>       <C>        <C>
34931436         359      140,500.00  140,500.00     7.25     848.85   10/1/2004        84.13      0-29      6ML        4.875
4000165491       359      212,800.00  212,800.00    6.875   1,219.17   10/1/2004           80      0-29      6ML         4.75
35071117         359      101,000.00  100,941.89     8.75     794.57   10/1/2004          100      0-29      6ML        5.625
4000166474       359      132,000.00  132,000.00    6.999     769.89   10/1/2004           80      0-29      6ML            5
35030725         359      215,200.00  215,200.00     6.25   1,120.83   10/1/2004           80      0-29      6ML        4.375
34236786         359      125,150.00  125,042.24     6.75     811.73   10/1/2004        79.98      0-29      6ML        4.875
34648972         359      144,000.00  144,000.00     7.25        870   10/1/2004           90      0-29      6ML        5.625
34760363         359      308,700.00  308,700.00     6.75   1,736.44   10/1/2004        79.99      0-29      6ML        4.875
34854331         359       84,500.00   84,438.84    7.625     598.09   10/1/2004        92.86      0-29      6ML         5.25
35202696         359      373,000.00  372,627.96     5.99   2,233.93   10/1/2004        64.87      0-29      6ML            4
34377713         359      456,000.00  455,597.68    6.625   2,919.82   10/1/2004           80      0-29      6ML            5
4000156636       359       99,000.00   98,941.55    8.625     770.01   10/1/2004           90      0-29      6ML        6.625
34739896         359      209,000.00  209,000.00    6.625   1,153.85   10/1/2004           95      0-29      6ML        5.125
34761320         359       69,000.00   68,952.51    7.875      500.3   10/1/2004        84.15      0-29      FIX            0
35151513         359      119,440.00  119,440.00    6.125     609.64   10/1/2004           80      0-29      6ML        4.125
34987719         358       80,000.00   80,000.00    7.125        475    9/1/2004        66.67      0-29      6ML        4.625
4000177844       359       93,600.00   93,600.00     5.25      409.5   10/1/2004           80      0-29      6ML          3.5
34294447         359       67,000.00   66,949.01    7.375     462.76   10/1/2004        51.34      0-29      FIX            0
35081975         359      112,900.00  112,820.32     7.75     808.83   10/1/2004          100      0-29      6ML         5.75
35343508         359      295,000.00  295,000.00      9.5   2,335.42   10/1/2004          100      0-29      FIX            0
34952564         359      588,000.00  587,356.40      5.5   3,338.60   10/1/2004           80      0-29      6ML          3.5
34753699         359      150,000.00  149,885.85    7.375   1,036.02   10/1/2004        74.26      0-29      6ML          4.5
34855130         359      213,450.00  213,247.47     6.25   1,314.25   10/1/2004           80      0-29      6ML        4.625
34917526         359      173,567.00  173,567.00      6.5     940.15   10/1/2004           80      0-29      6ML        4.625
34986927         358      347,000.00  346,415.27    6.875   2,279.55    9/1/2004        73.83      0-29      6ML            5
34941740         359      159,900.00  159,900.00    6.375     849.47   10/1/2004        79.99      0-29      6ML            4
34995969         359      221,400.00  221,400.00     8.25   1,522.13   10/1/2004           90      0-29      6ML         6.25
35127794         359      229,500.00  229,500.00    6.375   1,219.22   10/1/2004           90      0-29      6ML        5.125
35225259         359       75,650.00   75,579.93    6.375     471.96   10/1/2004           85      0-29      6ML        4.625
35247907         359      152,600.00  152,486.74      7.5   1,067.01   10/1/2004         87.2      0-29      FIX            0
4000173129       359      168,350.00  168,350.00    6.625     929.43   10/1/2004           95      0-29      6ML          5.5
34238741         359      168,000.00  167,892.87     8.25   1,262.13   10/1/2004        84.95      0-29      6ML          5.5
34381970         359      244,000.00  243,795.01    6.875   1,602.91   10/1/2004        78.71      0-29      6ML            5
34739557         359      104,000.00  103,924.72    7.625     736.11   10/1/2004        94.55      0-29      FIX            0
34868000         359      468,000.00  467,652.67      7.5   3,272.33   10/1/2004           90      0-29      6ML            6
34970897         359       68,000.00   68,000.00      7.5        425   10/1/2004           80      0-29      6ML          5.5
34993022         359      119,700.00  119,617.62    7.875     867.91   10/1/2004           90      0-29      6ML         6.25
35149137         359       89,200.00   89,200.00    6.625     492.46   10/1/2004           80      0-29      6ML            4
35149681         358      535,120.00  535,120.00     6.25   2,787.08    9/1/2004           80      0-29      6ML        4.125
35182534         359      531,000.00  531,000.00    6.625   2,931.56   10/1/2004           90      0-29      6ML         4.75
35203215         359      188,000.00  188,000.00     5.99     938.43   10/1/2004           80      0-29      6ML        4.375
4000167865       359      337,600.00  337,600.00     5.75   1,617.67   10/1/2004           80      0-29      6ML        3.875
4000168509       359      455,200.00  455,200.00    6.625   2,513.08   10/1/2004           80      0-29      6ML        4.625
33017096         359       76,500.00   76,451.22     8.25     574.72   10/1/2004           90      0-29      6ML         6.25
34380220         359      339,000.00  339,000.00      6.5   1,836.25   10/1/2004         48.5      0-29      6ML        4.125
34649459         359      127,500.00  127,432.14    9.125   1,037.39   10/1/2004           85      0-29      6ML        7.125
34700377         358      128,000.00  127,804.60    7.375     884.07    9/1/2004           80      0-29      FIX            0
34860171         359      138,400.00  138,311.74     8.25   1,039.76   10/1/2004           80      0-29      6ML        5.125
34898924         358      139,500.00  139,338.86     8.75   1,097.45    9/1/2004         94.9      0-29      FIX            0
35106251         359       83,900.00   83,823.20    6.625     537.23   10/1/2004        79.98      0-29      6ML        5.125
35107986         359      305,600.00  305,273.29    5.625   1,759.21   10/1/2004           80      0-29      6ML         4.25
35146182         359      248,805.00  248,805.00    6.625   1,373.61   10/1/2004           80      0-29      6ML         4.25
4000165996       358       74,400.00   74,280.65    7.125     501.25    9/1/2004           80      0-29      FIX            0
4000166151       359      275,600.00  275,600.00      6.5   1,492.83   10/1/2004           80      0-29      6ML        4.125
34963850         359       82,650.00   82,650.00    6.625      456.3   10/1/2004           95      0-29      6ML         5.25
34999201         359      211,600.00  211,600.00     4.75     837.58   10/1/2004           80      0-29      6ML        3.625
35078989         359      151,500.00  151,500.00    5.875     741.72   10/1/2004        79.98      0-29      6ML            4
35079078         359      118,000.00  117,933.84    8.875     938.87   10/1/2004          100      0-29      FIX            0
35116268         359      448,000.00  448,000.00     4.99   1,862.93   10/1/2004           80      0-29      6ML        3.875
35159755         359       46,000.00   45,967.53     7.75     329.55   10/1/2004          100      0-29      6ML        5.625
35159946         359       93,680.00   93,680.00     7.25     565.98   10/1/2004           80      0-29      6ML        5.375
35228493         359       78,000.00   77,956.27    8.875     620.61   10/1/2004          100      0-29      FIX            0
32677809         355       92,700.00   92,368.58     7.75     664.12    9/1/2004           90      0-29      6ML         6.25
34061226         359       72,000.00   71,951.68        8     528.32   10/1/2004           80      0-29      FIX            0
34199612         356       96,300.00   96,300.00    9.375     752.34    9/1/2004           90      0-29      6ML        7.625
4000137407       359      149,200.00  149,099.87    7.999   1,094.67   10/1/2004           85      0-29      FIX            0
34976803         359       94,050.00   93,972.91        7     625.72   10/1/2004           95      0-29      6ML        5.625
35074467         359       90,400.00   90,400.00    6.875     517.92   10/1/2004           80      0-29      6ML        4.875
35111632         179       75,000.00   74,797.29     8.75     749.59   10/1/2004        73.53      0-29      FIX            0
35126523         359      273,600.00  273,600.00     7.25   1,653.00   10/1/2004           95      0-29      6ML         5.25
35151612         359       88,000.00   88,000.00      7.5        550   10/1/2004        69.84      0-29      6ML         4.75
35243773         359      192,000.00  191,830.60    6.625   1,229.40   10/1/2004           80      0-29      6ML         4.75
35262542         359      375,000.00  374,652.67    6.375   2,339.52   10/1/2004        78.95      0-29      6ML        4.625
4000170574       359      173,000.00  173,000.00    8.375   1,207.40   10/1/2004          100      0-29      6ML          6.5
34559583         359      227,550.00  227,397.31        8   1,669.69   10/1/2004        74.99      0-29      6ML        5.375
35025592         358      292,500.00  292,400.00      6.5   1,584.38    9/1/2004           90      0-29      6ML        4.625
34652362         359       40,000.00   39,972.47    7.875     290.03   10/1/2004           80      0-29      6ML            6
33015082         359       80,900.00   80,838.44    7.375     558.76   10/1/2004        89.99      0-29      6ML        5.875
35149426         359      111,920.00  111,920.00      6.5     606.23   10/1/2004           80      0-29      6ML        4.875
35204890         359      357,000.00  356,706.79     6.99   2,372.74   10/1/2004           85      0-29      FIX            0
34760124         359      259,250.00  259,096.93    8.625   2,016.43   10/1/2004           85      0-29      FIX            0
34561720         358       79,300.00   78,545.98     6.25     488.27    9/1/2004        74.11      0-29      FIX            0
35068139         358      226,900.00  226,899.86    6.125   1,158.28    9/1/2004        79.99      0-29      6ML          4.5
35009687         359      208,000.00  208,000.00     6.25   1,083.33   10/1/2004           80      0-29      6ML        4.125
35005719         359      130,500.00  130,500.00    6.875     747.66   10/1/2004           90      0-29      6ML        5.125
34867952         359       52,250.00   52,214.93        8      383.4   10/1/2004           95      0-29      6ML        6.625
34640920         358       63,200.00   63,200.00    6.625     348.92    9/1/2004           80      0-29      6ML         4.75
34802207         358      204,000.00  204,000.00      7.5   1,275.00    9/1/2004           80      0-29      6ML         5.25
34907949         358      119,750.00  119,576.09    7.625     847.59    9/1/2004        84.93      0-29      6ML        6.125
4000158173       359      127,500.00  127,426.65     8.75   1,003.04   10/1/2004           85      0-29      FIX            0
34995654         359      275,500.00  275,500.00        7   1,607.08   10/1/2004           95      0-29      6ML         5.75
34372912         359      212,000.00  212,000.00    6.375   1,126.25   10/1/2004           80      0-29      6ML        4.375
35076819         359      132,000.00  131,909.15    7.875      957.1   10/1/2004           80      0-29      6ML        3.875
34933671         359      127,200.00  127,200.00    5.625     596.25   10/1/2004           80      0-29      6ML        3.375
35125582         359      182,000.00  181,877.87        8   1,335.46   10/1/2004        95.79      0-29      6ML            6
4000173266       359       76,800.00   76,744.41    7.625     543.59   10/1/2004           80      0-29      6ML          5.5
35342286         359      153,000.00  152,907.31      8.5   1,176.44   10/1/2004           85      0-29      6ML         5.25
34724203         359      126,500.00  126,458.85     6.25     658.85   10/1/2004        79.99      0-29      6ML         3.75
4000174932       359      460,000.00  460,000.00     4.75   1,820.83   10/1/2004           80      0-29      6ML        3.125
34543652         356       96,500.00   96,231.08    7.875      699.7    9/1/2004        71.48      0-29      6ML            6
35013150         359      157,600.00  157,600.00     5.99     786.69   10/1/2004           80      0-29      6ML         4.25
4000177030       359      285,000.00  285,000.00    5.999   1,424.76   10/1/2004        83.82      0-29      6ML        4.375
34078709         359      155,400.00  155,400.00    5.875     760.81   10/1/2004           84      0-29      6ML          4.5
34466599         358      224,000.00  224,000.00    6.625   1,236.67    9/1/2004           80      0-29      6ML          4.5
35209253         359      293,750.00  293,750.00     6.75   1,652.34   10/1/2004           80      0-29      6ML            4

<CAPTION>
             INITIAL  PERIODIC                           PREPAYMENT
  LOANID       CAP      CAP       FLOOR    CEILING          TERM                                PREPAYMENT PENALTY
--------------------------------------------------------------------------------------------------------------------------
<S>             <C>      <C>      <C>       <C>              <C>                        <C>
34931436        3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
4000165491      3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
35071117        3        1         8.75      14.75            0                                                       None
4000166474      3        1        6.999     12.999           24                              6 mo.s interest less 20% obal
35030725        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
34236786        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
34648972        3        1         7.25      13.25           24                                                 2% prepaid
34760363        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
34854331        3        1        7.625     13.625            0                                                       None
35202696        3        1         5.99      11.99           24                              6 mo.s interest less 20% obal
34377713        3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
4000156636      3        1        8.625     14.625           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34739896        3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
34761320        0        0            0          0            0                                                       None
35151513        3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
34987719        3        1        7.125     13.125           36                         min (2% prepaid, 60 days interest)
4000177844      3        1         5.25      11.25           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34294447        0        0            0          0           36                              6 mo.s interest less 20% obal
35081975        3        1         7.75      13.75            0                                                       None
35343508        0        0            0          0           36                              6 mo.s interest less 20% obal
34952564        3        1          5.5       11.5           24                              6 mo.s interest less 20% obal
34753699        3        1        7.375     13.375           24                              6 mo.s interest less 20% obal
34855130        3        1         6.25      12.25           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34917526        3        1          6.5       12.5           36                              6 mo.s interest less 20% obal
34986927        3        1        6.875     12.875           24                         min (2% prepaid, 60 days interest)
34941740        3        1        6.375     12.375           36                              6 mo.s interest less 20% obal
34995969        3        1         8.25      14.25           24                         min (2% prepaid, 60 days interest)
35127794        3        1        6.375     12.375           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35225259        3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
35247907        0        0            0          0           24                              6 mo.s interest less 20% obal
4000173129      3        1        6.625     12.625           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34238741        3        1         8.25      14.25           36                              6 mo.s interest less 20% obal
34381970        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
34739557        0        0            0          0           36                              6 mo.s interest less 20% obal
34868000        3        1          7.5       13.5            0                                                       None
34970897        3        1          7.5       13.5           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34993022        3        1        7.875     13.875           36                              6 mo.s interest less 20% obal
35149137        3        1        6.625     12.625           36                              6 mo.s interest less 20% obal
35149681        3        1         6.25      12.25            0                                                       None
35182534        3        1        6.625     12.625           36                              6 mo.s interest less 20% obal
35203215        3        1         5.99      11.99           24                              6 mo.s interest less 20% obal
4000167865      3        1         5.75      11.75           24                              6 mo.s interest less 20% obal
4000168509      3        1        6.625     12.625           12                              6 mo.s interest less 20% obal
33017096        3        1         8.25      14.25           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34380220        3        1          6.5       12.5            0                                                       None
34649459        3        1        9.125     15.125           24                              6 mo.s interest less 20% obal
34700377        0        0            0          0           36                              6 mo.s interest less 20% obal
34860171        3        1         8.25      14.25           12                              3%/2%/1%-1st yr/2nd yr/3rd yr
34898924        0        0            0          0           36                              6 mo.s interest less 20% obal
35106251        3        1        6.625     12.625           36                              6 mo.s interest less 20% obal
35107986        3        1        5.625     11.625            0                                                       None
35146182        3        1        6.625     12.625            0                                                       None
4000165996      0        0            0          0           36                              6 mo.s interest less 20% obal
4000166151      3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
34963850        3        1        6.625     12.625           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34999201        1        1         4.75      10.75           36                         min (2% prepaid, 60 days interest)
35078989        3        1        5.875     11.875            0                                                       None
35079078        0        0            0          0            0                                                       None
35116268        3        1         4.99      10.99           36                              6 mo.s interest less 20% obal
35159755        3        1         7.75      13.75            0                                                       None
35159946        3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
35228493        0        0            0          0           36                              6 mo.s interest less 20% obal
32677809        3        1         7.75      13.75           24                              6 mo.s interest less 20% obal
34061226        0        0            0          0            0                                                       None
34199612        3        1        9.375     15.375            0                                                       None
4000137407      0        0            0          0           36                              6 mo.s interest less 20% obal
34976803        3        1            7         13           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35074467        3        1        6.875     12.875            0                                                       None
35111632        0        0            0          0            0                                                       None
35126523        3        1         7.25      13.25           12                              3%/2%/1%-1st yr/2nd yr/3rd yr
35151612        3        1          7.5       13.5            0                                                       None
35243773        3        1        6.625     12.625            0                                                       None
35262542        3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
4000170574      3        1        8.375     14.375           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34559583        3        1            8         14           24                              6 mo.s interest less 20% obal
35025592        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
34652362        3        1        7.875     13.875           24                                                 2% prepaid
33015082        3        1        7.375     13.375           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35149426        3        1          6.5       12.5            0                                                       None
35204890        0        0            0          0           36                              6 mo.s interest less 20% obal
34760124        0        0            0          0            0                                                       None
34561720        0        0            0          0           36                              6 mo.s interest less 20% obal
35068139        3        1        6.125     12.125            0                                                       None
35009687        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
35005719        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
34867952        3        1            8         14           12                              3%/2%/1%-1st yr/2nd yr/3rd yr
34640920        3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
34802207        3        1          7.5       13.5           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34907949        3        1        7.625     13.625           24                              6 mo.s interest less 20% obal
4000158173      0        0            0          0           36                                                 1% prepaid
34995654        3        1            7         13           36                         min (2% prepaid, 60 days interest)
34372912        3        1        6.375     12.375            0                                                       None
35076819        3        1        7.875     13.875            0                                                       None
34933671        3        1        5.625     11.625           24                              6 mo.s interest less 20% obal
35125582        3        1            8         14           12                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000173266      3        1        7.625     13.625           24                              6 mo.s interest less 20% obal
35342286        3        1          8.5       14.5           24                              6 mo.s interest less 20% obal
34724203        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
4000174932      1        1         4.75      10.75           24                              6 mo.s interest less 20% obal
34543652        3        1        7.875     13.875            0                                                       None
35013150        3        1         5.99      11.99           24                              6 mo.s interest less 20% obal
4000177030      3        1        5.999     11.999           24                              6 mo.s interest less 20% obal
34078709        3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
34466599        3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
35209253        3        1         6.75      12.75            0                                                       None

<CAPTION>
                                              PAYMENT
              FIRST RATE      RATE RESET       RESET                                  MI
  LOANID      RESET DATE       FREQUENCY     FREQUENCY  PURPOSE   DIV  IO    IOTERM  FLAG
-----------------------------------------------------------------------------------------
<S>           <C>                  <C>            <C>  <C>         <C>  <C>    <C>    <C>
34931436        9/1/2006           6              6    R/T Refi    N    Y      60     N
4000165491      9/1/2009           6              6    Purchase    N    Y      60     N
35071117        9/1/2007           6              6    Purchase    N    N       0     N
4000166474      9/1/2006           6              6    Purchase    N    Y      60     N
35030725        9/1/2006           6              6    Purchase    N    Y      60     N
34236786        9/1/2006           6              6    Purchase    N    N       0     N
34648972        9/1/2006           6              6    C/O Refi    N    Y      60     N
34760363        9/1/2006           6              6    Purchase    N    Y      60     N
34854331        9/1/2006           6              6    C/O Refi    N    N       0     Y
35202696        9/1/2006           6              6    R/T Refi    N    N       0     N
34377713        9/1/2006           6              6    C/O Refi    N    N       0     N
4000156636      9/1/2007           6              6    R/T Refi    N    N       0     N
34739896        9/1/2006           6              6    Purchase    N    Y      60     Y
34761320      00/00/0000           0              0    C/O Refi    N    N       0     N
35151513        9/1/2006           6              6    Purchase    N    Y      60     N
34987719        8/1/2007           6              6    R/T Refi    N    Y      60     N
4000177844      9/1/2006           6              6    Purchase    N    Y      60     N
34294447      00/00/0000           0              0    Purchase    N    N       0     N
35081975        9/1/2007           6              6    Purchase    N    N       0     N
35343508      00/00/0000           0              0    Purchase    N    Y      60     N
34952564        9/1/2006           6              6    Purchase    N    N       0     N
34753699        9/1/2006           6              6    C/O Refi    N    N       0     N
34855130        9/1/2006           6              6    Purchase    N    N       0     N
34917526        9/1/2007           6              6    Purchase    N    Y      60     N
34986927        8/1/2006           6              6    C/O Refi    N    N       0     N
34941740        9/1/2009           6              6    Purchase    N    Y      60     N
34995969        9/1/2006           6              6    C/O Refi    N    Y      60     N
35127794        9/1/2006           6              6    C/O Refi    N    Y      60     Y
35225259        9/1/2006           6              6    Purchase    N    N       0     N
35247907      00/00/0000           0              0    R/T Refi    N    N       0     Y
4000173129      9/1/2006           6              6    Purchase    N    Y      60     Y
34238741        9/1/2006           6              6    Purchase    N    N       0     N
34381970        9/1/2006           6              6    C/O Refi    N    N       0     N
34739557      00/00/0000           0              0    C/O Refi    N    N       0     Y
34868000        9/1/2007           6              6    Purchase    N    N       0     Y
34970897        9/1/2006           6              6    Purchase    N    Y      60     N
34993022        9/1/2006           6              6    C/O Refi    N    N       0     Y
35149137        9/1/2007           6              6    Purchase    N    Y      60     N
35149681        8/1/2007           6              6    Purchase    N    Y      60     N
35182534        9/1/2007           6              6    C/O Refi    N    Y      60     N
35203215        9/1/2006           6              6    Purchase    N    Y      60     N
4000167865      9/1/2006           6              6    Purchase    N    Y      60     N
4000168509      9/1/2006           6              6    Purchase    N    Y      60     N
33017096        9/1/2006           6              6    C/O Refi    N    N       0     Y
34380220        9/1/2007           6              6    Purchase    N    Y      60     N
34649459        9/1/2006           6              6    C/O Refi    N    N       0     Y
34700377      00/00/0000           0              0    C/O Refi    N    N       0     N
34860171        9/1/2006           6              6    C/O Refi    N    N       0     N
34898924      00/00/0000           0              0    C/O Refi    N    N       0     Y
35106251        9/1/2006           6              6    Purchase    N    N       0     N
35107986        9/1/2006           6              6    C/O Refi    N    N       0     N
35146182        9/1/2009           6              6    Purchase    N    Y      60     N
4000165996    00/00/0000           0              0    Purchase    N    N       0     N
4000166151      9/1/2009           6              6    Purchase    N    Y      60     N
34963850        9/1/2006           6              6    C/O Refi    N    Y      60     Y
34999201        3/1/2005           6              6    Purchase    N    Y      60     N
35078989        9/1/2007           6              6    Purchase    N    Y      60     N
35079078      00/00/0000           0              0    Purchase    N    N       0     N
35116268        9/1/2006           6              6    Purchase    N    Y      60     N
35159755        9/1/2006           6              6    Purchase    N    N       0     N
35159946        9/1/2006           6              6    Purchase    N    Y      60     N
35228493      00/00/0000           0              0    C/O Refi    N    N       0     N
32677809        5/1/2006           6              6    C/O Refi    N    N       0     Y
34061226      00/00/0000           0              0    C/O Refi    N    N       0     N
34199612        6/1/2007           6              6    C/O Refi    N    Y      60     N
4000137407    00/00/0000           0              0    Purchase    N    N       0     Y
34976803        9/1/2006           6              6    Purchase    N    N       0     Y
35074467        9/1/2007           6              6    Purchase    N    Y      60     N
35111632      00/00/0000           0              0    C/O Refi    N    N       0     N
35126523        9/1/2006           6              6    C/O Refi    N    Y      60     Y
35151612        9/1/2009           6              6    C/O Refi    N    Y      60     N
35243773        9/1/2006           6              6    C/O Refi    N    N       0     N
35262542        9/1/2006           6              6    C/O Refi    N    N       0     N
4000170574      9/1/2006           6              6    Purchase    N    Y      60     N
34559583        9/1/2006           6              6    Purchase    N    N       0     N
35025592        8/1/2006           6              6    C/O Refi    N    Y      60     Y
34652362        9/1/2006           6              6    Purchase    N    N       0     N
33015082        9/1/2006           6              6    Purchase    N    N       0     Y
35149426        9/1/2007           6              6    Purchase    N    Y      60     N
35204890      00/00/0000           0              0    C/O Refi    N    N       0     Y
34760124      00/00/0000           0              0    C/O Refi    N    N       0     Y
34561720      00/00/0000           0              0    R/T Refi    N    N       0     N
35068139        8/1/2007           6              6    Purchase    N    Y      60     N
35009687        9/1/2006           6              6    C/O Refi    N    Y      60     N
35005719        9/1/2006           6              6    C/O Refi    N    Y      60     Y
34867952        9/1/2006           6              6    Purchase    N    N       0     Y
34640920        8/1/2006           6              6    Purchase    N    Y      60     N
34802207        8/1/2006           6              6    C/O Refi    N    Y      60     N
34907949        8/1/2006           6              6    R/T Refi    N    N       0     Y
4000158173    00/00/0000           0              0    C/O Refi    N    N       0     Y
34995654        9/1/2006           6              6    C/O Refi    N    Y      60     Y
34372912        9/1/2006           6              6    Purchase    N    Y      60     N
35076819        9/1/2006           6              6    Purchase    N    N       0     N
34933671        9/1/2006           6              6    Purchase    N    Y      60     N
35125582        9/1/2006           6              6    C/O Refi    N    N       0     Y
4000173266      9/1/2006           6              6    R/T Refi    N    N       0     N
35342286        9/1/2006           6              6    C/O Refi    N    N       0     Y
34724203        9/1/2006           6              6    Purchase    N    Y      60     N
4000174932      3/1/2005           6              6    Purchase    N    Y      60     N
34543652        6/1/2006           6              6    C/O Refi    N    N       0     N
35013150        9/1/2006           6              6    Purchase    N    Y      60     N
4000177030      9/1/2006           6              6    C/O Refi    N    Y      60     Y
34078709        9/1/2006           6              6    C/O Refi    N    Y      60     Y
34466599        8/1/2006           6              6    C/O Refi    N    Y      60     N
35209253        9/1/2007           6              6    Purchase    N    Y      60     N
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
                                                          PROPERTY                    ORIGINAL ORIGINATION  FIRST PAY   MATURITY
  LOANID              CITY                 ZIP    STATE     TYPE       OCCUPANCY        TERM      DATE        DATE        DATE
--------------------------------------------------------------------------------------------------------------------------------
<S>           <C>                         <C>       <C>   <C>        <C>                <C>     <C>         <C>         <C>
35284967      CROYDON                     19021     PA       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34801068      CARMEL VALLEY               93924     CA       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
4000167871    VISALIA                     93291     CA       SFR        Investor        360     8/18/2004   10/1/2004   9/1/2034
35249432      FRIENDSWOOD                 77546     TX       PUD     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000172741    FOLSOM                      95630     CA       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
4000168845    SPOKANE                     99205     WA       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
35306216      LAS VEGAS                   89121     NV       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
33745837      BONNERS FERRY               83805     ID       SFR     Owner Occupied     360     7/26/2004    9/1/2004   8/1/2034
4000165039    LAS VEGAS                   89131     NV       PUD     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34959312      PERRIS                      92571     CA       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
34652958      SAINT LOUIS                 63123     MO       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
35013820      AURORA                      80015     CO       PUD     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
34978916      LOUISVILLE                  40207     KY       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
35124643      EVERGREEN PARK              60805     IL       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35302272      NORTH LAS VEGAS             89084     NV       PUD     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
4000123970    FOREST GROVE                97116     OR       PUD     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
35078328      CLAYTON                     27520     NC       PUD     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
4000171338    HAYWARD                     94544     CA       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
35109388      GRAND PRAIRIE               75052     TX       PUD     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
35243914      LAGO VISTA                  78645     TX       PUD     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
4000170328    HOLLYWOOD                   33020     FL       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
35107135      TERRELL                     75160     TX       PUD     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
34379495      EGG HARBOR CITY              8215     NJ       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
34718254      PANORAMA                    91402     CA      Condo    Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
4000152356    OSCODA                      48750     MI       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
34971200      JACKSON                     45640     OH       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35122910      WHEATON                     60187     IL       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
35245281      MEMPHIS                     38125     TN       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
34975094      ALEXANDRIA                  41001     KY       SFR     Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
34828855      LITCHFIELD                   6750     CT       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
34966382      DAYTON                      45449     OH       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35155332      FAIRBURN                    30123     GA       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35203942      SAN MARCOS                  92078     CA       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
34756395      BOWIE                       20720     MD       PUD     Owner Occupied     360     7/26/2004    9/1/2004   8/1/2034
34899104      DELTONA                     32725     FL       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
35282078      GREAT MEADOWS                7838     NJ       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
4000171309    ANTIOCH                     94509     CA       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
35403377      LAWRENCEVILLE               30044     GA       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34867184      CONSTABLE                   12926     NY       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35073683      SULFOLK                     23435     VA       PUD     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
35262658      SAN BERNARDINO              92407     CA       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
35268473      RIVERSIDE                   92501     CA       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
34973735      MC KEESPORT                 15131     PA       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34656272      WAUKESHA                    53188     WI       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
34514489      DUBLIN                      43016     OH       SFR     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
35071745      YOUNGSVILLE                 27596     NC       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34998146      MINNETRISTA                 55364     MN       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35224641      TAMPA                       33603     FL       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
4000163012    MARYSVILLE                  48040     MI      Condo    Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
34754119      WALDORF                     20602     MD       PUD     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
34866574      SCHENECTADY                 12309     NY       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
34859876      NEW LENOX                   60451     IL       PUD     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
34936666      BEAVERTON                   97008     OR       PUD     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
35008184      BRIGHTON                    80603     CO       PUD     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
35085638      COLUMBUS                    43207     OH       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
4000175207    COLUMBUS                    43207     OH       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34967380      CHARDON                     44024     OH       SFR     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
4000147338    FARMINGTON                  95230     CA       SFR     Owner Occupied     360     7/23/2004    9/1/2004   8/1/2034
35151935      LITHONIA                    30058     GA       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
34960765      LAS VEGAS                   89156     NV       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
34992941      ROCHESTER                   55904     MN       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
4000172307    TOLEDO                      43623     OH       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
35065754      CHARLESTON                  29492     SC       PUD     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
34755983      MANASSAS                    20110     VA       PUD     Owner Occupied     360      8/3/2004    9/1/2004   8/1/2034
35001148      SAINT PAUL                  55105     MN      Condo    Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35190503      REDDING                     96003     CA       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
35073758      ROCKY MOUNT                 27801     NC       SFR     Owner Occupied     360      8/6/2004    9/1/2004   8/1/2034
35224658      JACKSONVILLE                32256     FL       PUD     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34524025      BATTLEFIELD                 65619     MO       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
34864892      BRONX                       10467     NY    Units 2-4  Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
4000161056    MAPLE VALLEY                98038     WA       PUD     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
35246016      HOUSTON                     77056     TX       SFR        Investor        360     8/30/2004   10/1/2004   9/1/2034
4000171149    LYNN                         1902     MA       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
4000175268    LAKE WORTH                  33467     FL       PUD     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
34720045      RIVERSIDE                   92508     CA       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
34866863      STATEN ISLAND               10314     NY    Units 2-4  Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
4000179126    AUSTIN                      78744     TX       PUD     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34527267      CAPE GIRARDEAU              63701     MO       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
4000173610    VANCOUVER                   98685     WA       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34020560      BRYAN                       77802     TX       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
34928580      TUALATIN                    97062     OR      Condo    Owner Occupied     360     7/19/2004    9/1/2004   8/1/2034
4000164124    GLENDALE                    85310     AZ       PUD     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
4000156995    BROOKLYN                    11234     NY       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
35243948      KATY                        77479     TX       PUD     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
35195551      IRVINE                      92603     CA      Condo    Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35198084      MORENO VALLEY               92555     CA       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35250075      SLIDELL                     70461     LA       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
35267202      CHINO HILLS                 91709     CA       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
35134469      CHICAGO                     60628     IL       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35195874      CARSON                      90746     CA       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
4000178942    KINGSLAND                   78639     TX       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34684407      LAUDERDALE LAKES            33311     FL      Condo    Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
4000160663    PORTLAND                    97233     OR       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
34976522      INDIANAPOLIS                46226     IN       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
35126705      CHICAGO                     60644     IL    Units 2-4  Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
35190636      ANAHEIM                     92804     CA       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
4000165588    MUSKEGON                    48442     MI       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
34652933      SAINT LOUIS                 63143     MO       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35184381      LAKE ELSINORE               92532     CA       PUD     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
4000168176    NOVATO                      94949     CA      Condo    Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
4000168674    PALM SPRINGS                33461     FL       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35131176      CHICAGO                     60652     IL       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
35142363      ALPHARETTA                  30022     GA       SFR     Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
4000169503    SANTA BARBARA               93110     CA       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34998187      STAPLES                     56479     MN       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034

<CAPTION>
                                                                                      ORIGINAL
                                                                                      COMBAINED
              REMAINING     ORIGINAL   SCHEDULED                       PAID THRU       LOAN TO      OTS
  LOANID        TERM        BALANCE     BALANCE      RATE      P&I        DATE          VALUE   DELINQUENCY INDEX       MARGIN
------------------------------------------------------------------------------------------------------------------------------
<S>              <C>      <C>         <C>           <C>     <C>        <C>              <C>        <C>       <C>        <C>
35284967         359      222,300.00  222,117.78        7   1,478.97   10/1/2004           95      0-29      6ML        5.875
34801068         359      186,000.00  185,814.48     5.99   1,113.97   10/1/2004        23.08      0-29      6ML        3.625
4000167871       359       67,500.00   67,500.00     7.25     407.81   10/1/2004           90      0-29      6ML        4.875
35249432         359      134,200.00  134,065.52    6.875     768.85   10/1/2004        84.94      0-29      6ML         5.25
4000172741       359      283,950.00  283,950.00      6.5   1,538.06   10/1/2004           80      0-29      6ML        4.125
4000168845       359       88,000.00   87,934.69      7.5     615.31   10/1/2004        79.28      0-29      FIX            0
35306216         359      181,000.00  180,979.76     6.99   1,054.33   10/1/2004          100      0-29      6ML        5.125
33745837         358       70,160.00   70,041.76    6.875     460.91    9/1/2004           80      0-29      6ML        4.875
4000165039       359      182,800.00  182,800.00    5.875     894.96   10/1/2004        55.39      0-29      6ML         3.25
34959312         359      256,250.00  256,250.00     6.25   1,334.64   10/1/2004        79.99      0-29      6ML        4.375
34652958         359      114,750.00  114,673.00        8        842   10/1/2004           85      0-29      6ML        5.875
35013820         359      126,320.00  126,320.00    6.125     644.76   10/1/2004           80      0-29      6ML         4.25
34978916         359      242,250.00  242,046.47    6.875   1,591.42   10/1/2004           95      0-29      6ML          5.5
35124643         359      146,400.00  146,400.00     6.75      823.5   10/1/2004           80      0-29      6ML        4.375
35302272         359      304,000.00  304,000.00    6.875   1,741.67   10/1/2004           80      0-29      6ML          4.5
4000123970       359      153,500.00  153,500.00    5.125     655.57   10/1/2004           80      0-29      6ML        3.625
35078328         359      223,900.00  223,900.00    5.875   1,096.18   10/1/2004        79.99      0-29      6ML            4
4000171338       359      267,000.00  267,000.00    6.125   1,362.81   10/1/2004        58.68      0-29      6ML        3.875
35109388         359      123,500.00  123,367.97    5.625     710.94   10/1/2004           95      0-29      6ML         4.75
35243914         359      170,500.00  170,360.23        7   1,134.35   10/1/2004        94.99      0-29      6ML            6
4000170328       359      207,000.00  206,826.10    6.875   1,359.84   10/1/2004           90      0-29      6ML         5.75
35107135         359       96,800.00   96,718.67    6.875     635.91   10/1/2004           80      0-29      6ML         5.25
34379495         359      120,000.00  119,915.30     7.75      859.7   10/1/2004           80      0-29      6ML        5.625
34718254         358      248,000.00  248,000.00     7.25   1,498.33    9/1/2004         77.5      0-29      6ML        4.875
4000152356       359      131,850.00  131,761.51    7.999     967.38   10/1/2004           90      0-29      6ML         5.75
34971200         359       44,000.00   43,958.25     6.25     270.92   10/1/2004        66.67      0-29      6ML          4.5
35122910         359      233,600.00  233,600.00      6.5   1,265.33   10/1/2004           80      0-29      6ML         4.25
35245281         359      187,000.00  186,897.85        9   1,504.65   10/1/2004          100      0-29      FIX            0
34975094         358      221,000.00  220,589.52    6.375   1,378.76    9/1/2004           85      0-29      6ML         4.75
34828855         359      350,550.00  350,550.00     7.75   2,263.97   10/1/2004           95      0-29      6ML         6.25
34966382         359      123,500.00  123,416.96     7.99     905.34   10/1/2004           95      0-29      6ML        6.375
35155332         359      337,500.00  337,279.23    8.125   2,505.93   10/1/2004           90      0-29      FIX            0
35203942         359      316,000.00  316,000.00      5.5   1,448.33   10/1/2004           80      0-29      6ML          3.5
34756395         358      148,000.00  148,000.00     7.75     955.83    9/1/2004           80      0-29      6ML            5
34899104         359      154,800.00  154,698.74    8.125   1,149.39   10/1/2004           90      0-29      6ML        6.375
35282078         359      261,000.00  260,806.29      7.5   1,824.96   10/1/2004        94.91      0-29      6ML         6.25
4000171309       359      424,000.00  424,000.00    6.625   2,340.83   10/1/2004           80      0-29      6ML          4.5
35403377         359       94,760.00   94,760.00      7.5     592.25   10/1/2004           80      0-29      6ML          5.5
34867184         359       50,880.00   50,849.17      8.5     391.23   10/1/2004           80      0-29      6ML        6.625
35073683         359      437,000.00  437,000.00    8.375   3,049.90   10/1/2004        86.02      0-29      6ML        6.375
35262658         359      312,000.00  312,000.00     5.75   1,495.00   10/1/2004           80      0-29      6ML         3.75
35268473         359      220,000.00  220,000.00        8   1,466.67   10/1/2004        78.57      0-29      6ML        5.875
34973735         359       93,000.00   92,921.86    6.875     610.95   10/1/2004          100      0-29      6ML         5.25
34656272         359      145,000.00  144,886.88     7.25     989.16   10/1/2004          100      0-29      FIX            0
34514489         358      203,300.00  203,300.00     7.25   1,228.27   10/1/2004           90      0-29      6ML         5.75
35071745         359      108,500.00  108,423.42     7.75     777.31   10/1/2004        84.98      0-29      6ML            6
34998146         359      756,500.00  755,764.72    6.125   4,596.58   10/1/2004           85      0-29      6ML          4.5
35224641         359       96,000.00   95,913.21      6.5     606.79   10/1/2004        78.05      0-29      6ML          4.5
4000163012       359      126,400.00  126,327.28     8.75     994.39   10/1/2004           80      0-29      6ML        6.625
34754119         359      127,200.00  127,200.00     6.99     740.94   10/1/2004           80      0-29      6ML        5.125
34866574         359      123,500.00  123,383.28    7.125     832.05   10/1/2004           95      0-29      6ML        5.625
34859876         359      180,000.00  180,000.00     6.75   1,012.50   10/1/2004           80      0-29      6ML        4.125
34936666         359      129,450.00  129,450.00     5.75     620.28   10/1/2004        79.98      0-29      6ML        3.625
35008184         359      206,400.00  206,189.56    5.875   1,220.94   10/1/2004           80      0-29      6ML            4
35085638         359      105,550.00  105,550.00    7.125      626.7   10/1/2004        79.99      0-29      6ML         5.25
4000175207       359      145,000.00  144,912.16      8.5   1,114.92   10/1/2004          100      0-29      6ML         5.75
34967380         358      196,000.00  195,648.30    6.625   1,255.01    9/1/2004           80      0-29      6ML        4.625
4000147338       358      159,050.00  158,794.86    7.125   1,071.55    9/1/2004        46.78      0-29      6ML        4.625
35151935         359      122,400.00  122,317.87        8     898.13   10/1/2004           90      0-29      6ML            6
34960765         359      144,500.00  144,410.18    8.375   1,098.31   10/1/2004           85      0-29      6ML         6.25
34992941         359       87,900.00   87,900.00     6.25     457.81   10/1/2004        79.98      0-29      6ML        4.375
4000172307       359      118,000.00  117,907.95     7.25     804.97   10/1/2004        92.19      0-29      6ML         5.75
35065754         358      108,400.00  108,399.58     6.25     564.58    9/1/2004        79.99      0-29      6ML        3.625
34755983         358      183,600.00  183,600.00        6        918   10/1/2004           80      0-29      6ML        4.375
35001148         359      149,000.00  149,000.00    8.375   1,039.90   10/1/2004          100      0-29      6ML        6.875
35190503         359      195,500.00  195,327.51    6.625   1,251.81   10/1/2004         78.2      0-29      6ML         4.75
35073758         358      100,800.00  100,799.50    6.875      577.5    9/1/2004           90      0-29      FIX            0
35224658         359      242,400.00  242,400.00     5.75   1,161.50   10/1/2004           80      0-29      6ML        3.875
34524025         359       73,800.00   73,740.98    7.125     497.21   10/1/2004           90      0-29      FIX            0
34864892         359      305,280.00  305,280.00    6.125   1,558.20   10/1/2004           80      0-29      6ML            4
4000161056       358      161,500.00  161,308.62    8.625   1,256.13   10/1/2004           85      0-29      6ML         6.75
35246016         359      424,800.00  424,800.00    7.375   2,610.75   10/1/2004           90      0-29      6ML          4.5
4000171149       359      246,000.00  246,000.00      6.5   1,332.50   10/1/2004        87.86      0-29      6ML        5.125
4000175268       359      446,500.00  446,086.45    6.375   2,785.58   10/1/2004           95      0-29      6ML         5.25
34720045         359      600,000.00  599,457.59      6.5   3,792.41   10/1/2004        74.17      0-29      6ML         3.75
34866863         359      335,000.00  335,000.00    6.625   1,849.48   10/1/2004        79.76      0-29      6ML          4.5
4000179126       359      146,100.00  145,994.25    7.625   1,034.09   10/1/2004          100      0-29      FIX            0
34527267         359       58,500.00   58,468.04        9     470.71   10/1/2004           90      0-29      6ML            7
4000173610       359      166,000.00  165,885.76    7.875   1,203.62   10/1/2004        97.65      0-29      FIX            0
34020560         359       70,000.00   69,845.39     7.25     477.53   10/1/2004        34.15      0-29      FIX            0
34928580         358      111,900.00  111,697.13      6.5     707.29    9/1/2004        79.99      0-29      FIX            0
4000164124       359      184,000.00  184,000.00    6.125     939.17   10/1/2004           80      0-29      6ML        3.375
4000156995       359      286,995.00  286,741.79    6.625   1,837.66   10/1/2004           95      0-29      6ML        5.375
35243948         359       93,500.00   93,500.00    6.625      516.2   10/1/2004        79.96      0-29      6ML          4.5
35195551         359      365,600.00  365,600.00     5.75   1,751.83   10/1/2004           80      0-29      6ML        3.625
35198084         359      217,000.00  216,813.17     6.75   1,407.46   10/1/2004        59.45      0-29      6ML          4.5
35250075         359      119,200.00  119,200.00     6.25     620.83   10/1/2004           80      0-29      6ML          4.5
35267202         359      400,000.00  400,000.00     6.75   2,250.00   10/1/2004         88.5      0-29      6ML        5.375
35134469         359       65,000.00   64,952.95    7.625     460.07   10/1/2004          100      0-29      FIX            0
35195874         359      272,000.00  271,748.07    6.375   1,696.93   10/1/2004           80      0-29      6ML        4.625
4000178942       359      108,000.00  107,881.79      5.5     613.21   10/1/2004           80      0-29      6ML        3.375
34684407         358       40,000.00   39,948.80     8.25     300.51    9/1/2004           80      0-29      6ML        5.875
4000160663       359      163,000.00  162,859.67     6.75   1,057.21   10/1/2004         86.7      0-29      6ML        5.625
34976522         359       85,500.00   85,433.29     7.25     583.27   10/1/2004           95      0-29      FIX            0
35126705         359      147,200.00  147,150.00     5.75     705.33   10/1/2004           80      0-29      6ML            4
35190636         359      332,500.00  332,500.00     7.25   2,008.85   10/1/2004           70      0-29      6ML        4.875
4000165588       359       60,000.00   59,960.75    8.125      445.5   10/1/2004           75      0-29      6ML        6.125
34652933         359       85,000.00   84,935.32    7.375     587.08   10/1/2004        64.39      0-29      6ML        3.375
35184381         359      440,000.00  440,000.00      6.5   2,383.33   10/1/2004        94.99      0-29      6ML         5.25
4000168176       359      480,000.00  480,000.00    6.875   2,750.00   10/1/2004           80      0-29      FIX            0
4000168674       359      171,000.00  170,856.34    6.875   1,123.35   10/1/2004           90      0-29      6ML        5.375
35131176         359      164,000.00  163,875.21    7.375   1,132.71   10/1/2004         94.8      0-29      FIX            0
35142363         358      140,400.00  140,400.00     7.25     848.25    9/1/2004        83.57      0-29      6ML            5
4000169503       359      600,000.00  599,520.19    7.125   4,042.31   10/1/2004        68.57      0-29      6ML         4.25
34998187         359       91,350.00   91,350.00        8        609   10/1/2004          100      0-29      6ML         6.75

<CAPTION>
             INITIAL  PERIODIC                           PREPAYMENT
  LOANID       CAP      CAP       FLOOR    CEILING          TERM                                PREPAYMENT PENALTY
--------------------------------------------------------------------------------------------------------------------------
<S>             <C>      <C>      <C>       <C>              <C>                        <C>
35284967        3        1            7         13           24                              6 mo.s interest less 20% obal
34801068        3        1         5.99      11.99           36                              6 mo.s interest less 20% obal
4000167871      3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
35249432        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
4000172741      3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
4000168845      0        0            0          0           36                              6 mo.s interest less 20% obal
35306216        3        1         6.99      12.99           12                              6 mo.s interest less 20% obal
33745837        3        1        6.875     12.875           36                              6 mo.s interest less 20% obal
4000165039      3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
34959312        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
34652958        3        1            8         14           24                                                 2% prepaid
35013820        3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
34978916        3        1        6.875     12.875           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35124643        3        1         6.75      12.75           12                              3%/2%/1%-1st yr/2nd yr/3rd yr
35302272        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
4000123970      3        1        5.125     11.125           24                              6 mo.s interest less 20% obal
35078328        3        1        5.875     11.875            0                                                       None
4000171338      3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
35109388        3        1        5.625     11.625           36                              6 mo.s interest less 20% obal
35243914        3        1            7         13           24                              6 mo.s interest less 20% obal
4000170328      3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
35107135        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
34379495        3        1         7.75      13.75            0                                                       None
34718254        3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
4000152356      3        1        7.999     13.999           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34971200        3        1         6.25      12.25           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35122910        3        1          6.5       12.5           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35245281        0        0            0          0           36                              6 mo.s interest less 20% obal
34975094        3        1        6.375     12.375           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34828855        3        1         7.75      13.75           24                              6 mo.s interest less 20% obal
34966382        3        1         7.99      13.99           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35155332        0        0            0          0            0                                                       None
35203942        3        1          5.5       11.5           24                              6 mo.s interest less 20% obal
34756395        3        1         7.75      13.75           12                              6 mo.s interest less 20% obal
34899104        3        1        8.125     14.125           24                              6 mo.s interest less 20% obal
35282078        3        1          7.5       13.5            0                                                       None
4000171309      3        1        6.625     12.625           36                              6 mo.s interest less 20% obal
35403377        3        1          7.5       13.5            0                                                       None
34867184        3        1          8.5       14.5            0                                                       None
35073683        3        1        8.375     14.375           24                              6 mo.s interest less 20% obal
35262658        3        1         5.75      11.75           24                              6 mo.s interest less 20% obal
35268473        3        1            8         14           24                              6 mo.s interest less 20% obal
34973735        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
34656272        0        0            0          0           36                              6 mo.s interest less 20% obal
34514489        3        1         7.25      13.25           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35071745        3        1         7.75      13.75            0                                                       None
34998146        3        1        6.125     12.125           36                         min (2% prepaid, 60 days interest)
35224641        3        1          6.5       12.5           36                              6 mo.s interest less 20% obal
4000163012      3        1         8.75      14.75           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34754119        3        1         6.99      12.99           24                              6 mo.s interest less 20% obal
34866574        3        1        7.125     13.125            0                                                       None
34859876        3        1         6.75      12.75            0                                                       None
34936666        3        1         5.75      11.75           36                              6 mo.s interest less 20% obal
35008184        3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
35085638        3        1        7.125     13.125           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000175207      3        1          8.5       14.5           12                              3%/2%/1%-1st yr/2nd yr/3rd yr
34967380        3        1        6.625     12.625           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000147338      3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
35151935        3        1            8         14            0                                                       None
34960765        3        1        8.375     14.375           24                              6 mo.s interest less 20% obal
34992941        3        1         6.25      12.25           36                         min (2% prepaid, 60 days interest)
4000172307      3        1         7.25      13.25           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35065754        3        1         6.25      12.25            0                                                       None
34755983        3        1            6         12           24                              6 mo.s interest less 20% obal
35001148        3        1        8.375     14.375           36                         min (2% prepaid, 60 days interest)
35190503        3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
35073758        0        0            0          0            0                                                       None
35224658        3        1         5.75      11.75           36                              6 mo.s interest less 20% obal
34524025        0        0            0          0           36                                                 2% prepaid
34864892        3        1        6.125     12.125           12                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000161056      3        1        8.625     14.625           24                              6 mo.s interest less 20% obal
35246016        3        1        7.375     13.375            0                                                       None
4000171149      3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
4000175268      3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
34720045        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
34866863        1        1        6.625     12.625            0                                                       None
4000179126      0        0            0          0           36                              6 mo.s interest less 20% obal
34527267        3        1            9         15           24                                                 2% prepaid
4000173610      0        0            0          0           36                              6 mo.s interest less 20% obal
34020560        0        0            0          0            0                                                       None
34928580        0        0            0          0           36                              6 mo.s interest less 20% obal
4000164124      3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
4000156995      3        1        6.625     12.625            0                                                       None
35243948        3        1        6.625     12.625           36                              6 mo.s interest less 20% obal
35195551        3        1         5.75      11.75           24                              6 mo.s interest less 20% obal
35198084        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
35250075        3        1         6.25      12.25           36                              6 mo.s interest less 20% obal
35267202        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
35134469        0        0            0          0            0                                                       None
35195874        3        1        6.375     12.375           36                              6 mo.s interest less 20% obal
4000178942      3        1          5.5       11.5           36                              6 mo.s interest less 20% obal
34684407        3        1         8.25      14.25           24                              6 mo.s interest less 20% obal
4000160663      3        1         6.75      12.75           36                              6 mo.s interest less 20% obal
34976522        0        0            0          0           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35126705        3        1         5.75      11.75           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35190636        3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
4000165588      3        1        8.125     14.125           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34652933        3        1        7.375     13.375           24                                                 2% prepaid
35184381        3        1          6.5       12.5           36                              6 mo.s interest less 20% obal
4000168176      0        0            0          0           36                              6 mo.s interest less 20% obal
4000168674      3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
35131176        0        0            0          0            0                                                       None
35142363        3        1         7.25      13.25            0                                                       None
4000169503      3        1        7.125     13.125            0                                                       None
34998187        3        1            8         14           36                         min (2% prepaid, 60 days interest)

<CAPTION>
                                              PAYMENT
              FIRST RATE      RATE RESET       RESET                                  MI
  LOANID      RESET DATE       FREQUENCY     FREQUENCY  PURPOSE   DIV  IO    IOTERM  FLAG
-----------------------------------------------------------------------------------------
<S>           <C>                  <C>            <C>  <C>         <C>  <C>    <C>    <C>
35284967        9/1/2006           6              6    Purchase    N    N       0     Y
34801068        9/1/2009           6              6    C/O Refi    N    N       0     N
4000167871      9/1/2006           6              6    Purchase    N    Y      60     Y
35249432        9/1/2006           6              6    R/T Refi    N    Y      60     N
4000172741      9/1/2009           6              6    Purchase    N    Y      60     N
4000168845    00/00/0000           0              0    R/T Refi    N    N       0     N
35306216        9/1/2006           6              6    Purchase    N    Y      60     N
33745837        8/1/2007           6              6    Purchase    N    N       0     N
4000165039      9/1/2009           6              6    R/T Refi    N    Y      60     N
34959312        9/1/2006           6              6    Purchase    N    Y      60     N
34652958        9/1/2007           6              6    C/O Refi    N    N       0     Y
35013820        9/1/2006           6              6    Purchase    N    Y      60     N
34978916        9/1/2006           6              6    C/O Refi    N    N       0     Y
35124643        9/1/2006           6              6    Purchase    N    Y      60     N
35302272        9/1/2009           6              6    Purchase    N    Y      60     N
4000123970      9/1/2006           6              6    Purchase    N    Y      60     N
35078328        9/1/2007           6              6    Purchase    N    Y      60     N
4000171338      9/1/2006           6              6    C/O Refi    N    Y      60     N
35109388        9/1/2007           6              6    R/T Refi    N    N       0     Y
35243914        9/1/2006           6              6    Purchase    N    N       0     N
4000170328      9/1/2006           6              6    R/T Refi    N    N       0     N
35107135        9/1/2006           6              6    Purchase    N    N       0     N
34379495        9/1/2006           6              6    C/O Refi    N    N       0     N
34718254        8/1/2006           6              6    C/O Refi    N    Y      60     N
4000152356      9/1/2009           6              6    Purchase    N    N       0     Y
34971200        9/1/2006           6              6    C/O Refi    N    N       0     N
35122910        9/1/2009           6              6    Purchase    N    Y      60     N
35245281      00/00/0000           0              0    R/T Refi    N    N       0     N
34975094        8/1/2006           6              6    C/O Refi    N    N       0     N
34828855        9/1/2006           6              6    Purchase    N    Y      60     Y
34966382        9/1/2009           6              6    C/O Refi    N    N       0     Y
35155332      00/00/0000           0              0    Purchase    N    N       0     Y
35203942        9/1/2006           6              6    Purchase    N    Y      60     N
34756395        8/1/2006           6              6    C/O Refi    N    Y      60     N
34899104        9/1/2006           6              6    C/O Refi    N    N       0     Y
35282078        9/1/2007           6              6    C/O Refi    N    N       0     Y
4000171309      9/1/2009           6              6    Purchase    N    Y      60     N
35403377        9/1/2006           6              6    Purchase    N    Y      60     N
34867184        9/1/2007           6              6    Purchase    N    N       0     N
35073683        9/1/2006           6              6    C/O Refi    N    Y      60     N
35262658        9/1/2006           6              6    Purchase    N    Y      60     N
35268473        9/1/2006           6              6    C/O Refi    N    Y      60     N
34973735        9/1/2006           6              6    Purchase    N    N       0     Y
34656272      00/00/0000           0              0    Purchase    N    N       0     Y
34514489        8/1/2006           6              6    Purchase    N    Y      60     N
35071745        9/1/2007           6              6    C/O Refi    N    N       0     N
34998146        9/1/2006           6              6    C/O Refi    N    N       0     Y
35224641        9/1/2007           6              6    R/T Refi    N    N       0     N
4000163012      9/1/2006           6              6    C/O Refi    N    N       0     N
34754119        9/1/2006           6              6    Purchase    N    Y      60     N
34866574        9/1/2007           6              6    Purchase    N    N       0     Y
34859876        9/1/2006           6              6    Purchase    N    Y      60     N
34936666        9/1/2007           6              6    Purchase    N    Y      60     N
35008184        9/1/2006           6              6    C/O Refi    N    N       0     N
35085638        9/1/2006           6              6    Purchase    N    Y      60     N
4000175207      9/1/2006           6              6    C/O Refi    N    N       0     N
34967380        8/1/2006           6              6    R/T Refi    N    N       0     N
4000147338      8/1/2006           6              6    R/T Refi    N    N       0     N
35151935        9/1/2006           6              6    R/T Refi    N    N       0     Y
34960765        9/1/2006           6              6    C/O Refi    N    N       0     Y
34992941        9/1/2006           6              6    Purchase    N    Y      60     N
4000172307      9/1/2006           6              6    Purchase    N    N       0     Y
35065754        8/1/2009           6              6    Purchase    N    Y      60     N
34755983        8/1/2006           6              6    Purchase    N    Y      60     N
35001148        9/1/2006           6              6    Purchase    N    Y      60     N
35190503        9/1/2006           6              6    C/O Refi    N    N       0     N
35073758      00/00/0000           0              0    Purchase    N    Y      60     Y
35224658        9/1/2007           6              6    Purchase    N    Y      60     N
34524025      00/00/0000           0              0    C/O Refi    N    N       0     Y
34864892        9/1/2007           6              6    Purchase    N    Y      60     N
4000161056      8/1/2006           6              6    C/O Refi    N    N       0     Y
35246016        9/1/2006           6              6    Purchase    N    Y      60     Y
4000171149      9/1/2006           6              6    Purchase    N    Y      60     Y
4000175268      9/1/2006           6              6    Purchase    N    N       0     Y
34720045        9/1/2009           6              6    C/O Refi    N    N       0     N
34866863        3/1/2005           6              6    C/O Refi    N    Y      60     N
4000179126    00/00/0000           0              0    Purchase    N    N       0     N
34527267        9/1/2006           6              6    C/O Refi    N    N       0     Y
4000173610    00/00/0000           0              0    C/O Refi    N    N       0     Y
34020560      00/00/0000           0              0    C/O Refi    N    N       0     N
34928580      00/00/0000           0              0    Purchase    N    N       0     N
4000164124      9/1/2009           6              6    R/T Refi    N    Y      60     N
4000156995      9/1/2007           6              6    Purchase    N    N       0     N
35243948        9/1/2007           6              6    Purchase    N    Y      60     N
35195551        9/1/2006           6              6    Purchase    N    Y      60     N
35198084        9/1/2006           6              6    C/O Refi    N    N       0     N
35250075        9/1/2007           6              6    Purchase    N    Y      60     N
35267202        9/1/2006           6              6    C/O Refi    N    Y      60     N
35134469      00/00/0000           0              0    C/O Refi    N    N       0     Y
35195874        9/1/2007           6              6    C/O Refi    N    N       0     N
4000178942      9/1/2009           6              6    Purchase    N    N       0     N
34684407        8/1/2006           6              6    C/O Refi    N    N       0     N
4000160663      9/1/2006           6              6    R/T Refi    N    N       0     N
34976522      00/00/0000           0              0    C/O Refi    N    N       0     Y
35126705        9/1/2006           6              6    Purchase    N    Y      60     N
35190636        9/1/2006           6              6    C/O Refi    N    Y      60     N
4000165588      9/1/2006           6              6    Purchase    N    N       0     N
34652933        9/1/2006           6              6    C/O Refi    N    N       0     N
35184381        9/1/2007           6              6    Purchase    N    Y      60     N
4000168176    00/00/0000           0              0    R/T Refi    N    Y      60     N
4000168674      9/1/2006           6              6    R/T Refi    N    N       0     Y
35131176      00/00/0000           0              0    C/O Refi    N    N       0     N
35142363        8/1/2007           6              6    R/T Refi    N    Y      60     Y
4000169503      9/1/2006           6              6    R/T Refi    N    N       0     N
34998187        9/1/2006           6              6    Purchase    N    Y      60     N
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
                                                          PROPERTY                    ORIGINAL ORIGINATION  FIRST PAY   MATURITY
  LOANID              CITY                 ZIP    STATE     TYPE       OCCUPANCY        TERM      DATE        DATE        DATE
--------------------------------------------------------------------------------------------------------------------------------
<S>           <C>                         <C>       <C>   <C>        <C>                <C>     <C>         <C>         <C>
34848796      THOMSON                     61285     IL       SFR     Owner Occupied     360     7/27/2004   10/1/2004   9/1/2034
34976076      CINCINNATI                  45226     OH       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34932335      RHODODENDRON                97049     OR       PUD     Owner Occupied     360     7/21/2004    9/1/2004   8/1/2034
34655506      ABRAMS                      54101     WI       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
35146364      ALPHARETTA                  30004     GA       PUD     Owner Occupied     360      8/2/2004    9/1/2004   8/1/2034
34078204      HENDERSON                   89015     NV       SFR     Owner Occupied     360     7/26/2004    9/1/2004   8/1/2034
34935080      SHERWOOD                    97140     OR       PUD     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
4000175228    GROTON                       1450     MA       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
4000170640    HOWELL                      48855     MI      Condo    Owner Occupied     360     8/21/2004   10/1/2004   9/1/2034
35008028      ARVADA                      80003     CO       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
4000164428    FREMONT                     94536     CA       SFR     Owner Occupied     360     7/28/2004   10/1/2004   9/1/2034
4000162519    PALMDALE                    93552     CA       SFR     Owner Occupied     360     7/27/2004   10/1/2004   9/1/2034
35028893      RANCHO CUCAMONGA            91730     CA      Condo    Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
35187426      COSTA MESA                  92626     CA       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
34553305      RICHARDSON                  75081     TX       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
34972372      CANTON                      44710     OH       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
4000142175    BETHLEHEM                   30620     GA       SFR     Owner Occupied     360     5/25/2004    8/1/2004   7/1/2034
4000152657    SAN JOSE                    95129     CA    Units 2-4  Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
4000175580    SAN BRUNO                   94066     CA       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
35112580      SAN MARCOS                  78666     TX       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34277673      HOUSTON                     77042     TX      Condo    Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
35146430      COLUMBIA                    31907     GA       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
4000171127    VICTORVILLE AREA            92392     CA       PUD     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
35135912      CARPENTERSVILLE             60110     IL       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34897314      OCOEE                       34761     FL       PUD     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
35235332      ALTAMONTE SPRINGS           32701     FL      Condo    Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34667741      FULLERTON                   92833     CA       PUD     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
34081588      PERRIS                      92571     CA       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
4000174008    TOLEDO                      43615     OH       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
35149368      CAIRO                       39828     GA       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
35070895      CLAYTON                     27520     NC       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
34243931      DUNEDIN                     34698     FL       PUD     Owner Occupied     360      8/2/2004    9/1/2004   8/1/2034
34953463      MISSION VIEJO               92691     CA       SFR     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
33593617      HOUSTON                     77035     TX       PUD     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
35247238      CYPRESS                     77429     TX       PUD     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
35030394      TORRANCE                    90503     CA       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
34516807      LYNCHBURG                   45142     OH       SFR     Owner Occupied     360     7/15/2004    9/1/2004   8/1/2034
34856468      NORTH PEKIN                 61554     IL       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
34991075      SAINT LOUIS PARK            55426     MN       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
4000167861    SAN JOSE                    95120     CA       PUD     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
4000166515    AUBURN                      98092     WA       PUD     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
34940973      BEND                        97701     OR       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
4000160042    PITTSBURG                   94565     CA      Condo    Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
4000166192    ELYRIA                      44035     OH       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
35149301      DALLAS                      30157     GA       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34658393      MARYLAND HEIGHTS            63043     MO       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35102540      DALLAS                      75229     TX       SFR     Owner Occupied     180      8/6/2004   10/1/2004   9/1/2019
4000165927    SPRINGFIELD                  1109     MA    Units 2-4  Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
4000177661    PAINESVILLE                 44077     OH       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35263482      RANCHO CUCAMONGA            91730     CA       SFR        Investor        360     8/13/2004   10/1/2004   9/1/2034
34653790      SAINT LOUIS                 63122     MO       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
35193085      NORWALK                     90650     CA       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
34695858      WEST PALM BEACH             33411     FL       SFR     Owner Occupied     360      8/2/2004    9/1/2004   8/1/2034
34435453      ROCKY MOUNT                 27801     NC       SFR     Owner Occupied     360      7/2/2004    8/1/2004   7/1/2034
35081801      CORNELIUS                   28031     NC       PUD     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
33733478      CHINO HILLS                 91709     CA       PUD     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
35151000      RIVERDALE                   30274     GA       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35155050      SIMPSONVILLE                29680     SC       PUD     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34645069      STOUGHTON                   53589     WI      Condo    Owner Occupied     360     7/19/2004    9/1/2004   8/1/2034
34854737      LANSING                     60438     IL      Condo    Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
34834531      RICHMOND                     2875     RI       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
35184209      BAKERSFIELD                 93308     CA       SFR     Owner Occupied     360     7/23/2004    9/1/2004   8/1/2034
35185909      SAN GABRIEL AREA            91775     CA       SFR        Investor        360     8/11/2004   10/1/2004   9/1/2034
4000159824    BARTO                       19504     PA       SFR     Owner Occupied     360     8/14/2004   10/1/2004   9/1/2034
4000167691    QUINCY                       2169     MA       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
35204437      SACRAMENTO                  95821     CA       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34652610      NEW BLOOMFIELD              65063     MO       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
35203314      SAN MARCOS                  92069     CA       SFR     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
34994053      MINNEAPOLIS                 55418     MN       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
34998880      EAGAN                       55122     MN       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34861559      VALPARAISO                  46383     IN       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
34966259      BEAVERCREEK                 45432     OH       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35209600      ELK GROVE                   95758     CA       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35235142      ZEPHYRHILLS                 33544     FL       PUD       Second Home      360     8/28/2004   10/1/2004   9/1/2034
34845776      CHICAGO                     60643     IL       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
34936864      CANBY                       97013     OR       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
34926097      HAMILTON                    59840     MT       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
35032614      LOS ANGELES                 90048     CA       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
35079532      CLAREMONT                   28610     NC       PUD     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
4000160472    DETROIT                     48206     MI    Units 2-4  Owner Occupied     360     7/27/2004    9/1/2004   8/1/2034
34832287      WINDHAM                      3087     NH       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
33593708      HOUSTON                     77004     TX       PUD     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
35188291      BELLFLOWER                  90706     CA      Condo    Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
34251660      JACKSONVILLE                32225     FL       PUD     Owner Occupied     360     5/14/2004    7/1/2004   6/1/2034
35081496      INMAN                       29349     SC       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
33764150      BRONX                       10469     NY    Units 2-4  Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
4000158454    TUMWATER                    98501     WA       PUD     Owner Occupied     360     7/22/2004    9/1/2004   8/1/2034
34973420      PORTSMOUTH                  45662     OH       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
34901348      FORT MYERS                  33913     FL      Condo      Second Home      360      8/5/2004    9/1/2004   8/1/2034
34851816      VILLA PARK                  60181     IL       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
34697144      DEERFIELD BEACH             33442     FL      Condo      Second Home      360     7/26/2004    9/1/2004   8/1/2034
35149442      GREENVILLE                  37745     TN       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
35122555      BARRINGTON                  60010     IL       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
35124619      CHICAGO                     60625     IL      Condo    Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34967356      VERSAILLES                  47042     IN       SFR     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
35209501      SANTEE                      92071     CA       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
34854117      JOLIET                      60431     IL       PUD     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34970822      MOUNT VERNON                43050     OH       SFR        Investor        360      8/9/2004   10/1/2004   9/1/2034
34858779      WATSEKA                     60970     IL       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
4000157614    ATASCADERO                  93422     CA       SFR     Owner Occupied     360     7/26/2004    9/1/2004   8/1/2034
35123322      HIGHLAND PARK               60035     IL       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
34958181      POMONA                      91766     CA    Units 2-4  Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
34896431      WINTER GARDEN               34787     FL       PUD       Second Home      360      8/6/2004   10/1/2004   9/1/2034
35183466      RANCHO CUCAMONGA            91730     CA       PUD     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34524389      OKLAHOMA CITY               73116     OK      Condo    Owner Occupied     360     7/27/2004   10/1/2004   9/1/2034
35004779      EATON                       80615     CO       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034

<CAPTION>
                                                                                      ORIGINAL
                                                                                      COMBAINED
              REMAINING     ORIGINAL   SCHEDULED                       PAID THRU       LOAN TO      OTS
  LOANID        TERM        BALANCE     BALANCE      RATE      P&I        DATE          VALUE   DELINQUENCY INDEX       MARGIN
------------------------------------------------------------------------------------------------------------------------------
<S>              <C>      <C>         <C>           <C>     <C>        <C>              <C>        <C>       <C>        <C>
34848796         359       55,000.00   54,957.09     7.25      375.2   10/1/2004        74.32      0-29      FIX            0
34976076         359      190,000.00  189,824.02    6.375   1,185.36   10/1/2004           95      0-29      6ML        5.375
34932335         358      112,600.00  112,364.30     5.75     657.11    9/1/2004           80      0-29      6ML        3.875
34655506         359      102,000.00  101,669.38    7.875     739.58   10/1/2004          100      0-29      6ML         5.75
35146364         358      138,080.00  138,080.00     6.25     719.17   10/1/2004           80      0-29      6ML        4.375
34078204         358      110,400.00  110,400.00    7.375      678.5   10/1/2004           80      0-29      6ML        5.375
34935080         359      210,350.00  210,350.00    6.125   1,073.66   10/1/2004        79.99      0-29      6ML        3.875
4000175228       359      314,500.00  314,272.38    7.625   2,226.01   10/1/2004           85      0-29      6ML            5
4000170640       359      189,000.00  189,000.00    6.875   1,082.81   10/1/2004           90      0-29      6ML        4.875
35008028         359      220,000.00  220,000.00    7.125   1,306.25   10/1/2004        84.62      0-29      6ML        5.625
4000164428       359      324,000.00  324,000.00     6.75   1,822.50   10/1/2004           80      0-29      6ML         4.25
4000162519       359      159,000.00  159,000.00    5.999     794.87   10/1/2004        61.15      0-29      6ML        4.375
35028893         359      216,000.00  216,000.00    6.125   1,102.50   10/1/2004           80      0-29      6ML            4
35187426         359      512,000.00  512,000.00     5.75   2,453.33   10/1/2004           80      0-29      6ML          3.5
34553305         359      113,000.00  112,916.13      7.5     790.12   10/1/2004        74.83      0-29      FIX            0
34972372         359       80,750.00   80,694.42    7.875      585.5   10/1/2004           95      0-29      FIX            0
4000142175       357      102,400.00  102,400.00    5.375     458.67   10/1/2004           80      0-29      6ML         3.75
4000152657       359      528,000.00  528,000.00    5.875   2,585.00   10/1/2004           80      0-29      6ML            4
4000175580       359      424,000.00  424,000.00    5.875   2,075.83   10/1/2004           80      0-29      6ML        3.875
35112580         359       89,250.00   88,991.62    8.125     662.68   10/1/2004           85      0-29      FIX            0
34277673         358      108,000.00  107,818.00    6.875     709.49    9/1/2004           80      0-29      6ML          4.5
35146430         359       72,000.00   72,000.00     6.25        375   10/1/2004           80      0-29      6ML            4
4000171127       359      575,000.00  575,000.00    6.875   3,294.27   10/1/2004          100      0-29      6ML            5
35135912         359      225,900.00  225,700.69    6.625   1,446.47   10/1/2004           90      0-29      6ML        5.375
34897314         359      143,250.00  143,250.00    7.375     880.39   10/1/2004           75      0-29      6ML        5.125
35235332         359       94,400.00   94,400.00     5.99     471.21   10/1/2004           80      0-29      6ML        4.375
34667741         359      727,500.00  727,500.00     6.99   4,237.69   10/1/2004        79.64      0-29      6ML            4
34081588         359      178,150.00  178,150.00     5.25     779.41   10/1/2004        79.99      0-29      6ML        3.375
4000174008       359      125,700.00  125,619.85     8.25     944.34   10/1/2004          100      0-29      6ML        6.875
35149368         359      300,000.00  300,000.00      7.5   1,875.00   10/1/2004        82.19      0-29      6ML        5.875
35070895         359      130,050.00  129,962.73        8     954.27   10/1/2004           85      0-29      6ML        6.125
34243931         358      242,500.00  242,500.00     8.25   1,667.19    9/1/2004        89.98      0-29      6ML         6.75
34953463         359      464,000.00  464,000.00    5.875   2,271.67   10/1/2004           80      0-29      6ML        3.625
33593617         358      183,200.00  183,200.00    5.375     820.58    9/1/2004           80      0-29      6ML        3.375
35247238         359      120,000.00  119,923.47     8.25     901.53   10/1/2004          100      0-29      6ML         6.25
35030394         359      465,000.00  465,000.00    7.125   2,760.94   10/1/2004        79.49      0-29      6ML            5
34516807         358      126,650.00  126,446.82    7.125     853.27    9/1/2004           85      0-29      FIX            0
34856468         359       67,050.00   67,003.86    7.875     486.16   10/1/2004           90      0-29      FIX            0
34991075         359      164,250.00  164,250.00      6.5     889.69   10/1/2004        74.66      0-29      6ML        4.875
4000167861       359      510,000.00  510,000.00      6.5   2,762.50   10/1/2004         84.3      0-29      6ML        4.125
4000166515       359      217,600.00  217,600.00    5.999   1,087.82   10/1/2004           80      0-29      6ML          3.5
34940973         359      125,000.00  124,889.71    6.625     800.39   10/1/2004        76.22      0-29      FIX            0
4000160042       359      193,600.00  193,600.00    6.125     988.17   10/1/2004           80      0-29      6ML            4
4000166192       359      142,000.00  141,922.44        9   1,142.56   10/1/2004          100      0-29      6ML        7.375
35149301         359       91,800.00   91,800.00    8.375     640.69   10/1/2004           90      0-29      6ML        6.375
34658393         359      112,000.00  111,920.94     7.75     802.39   10/1/2004        99.56      0-29      6ML        6.125
35102540         179       97,000.00   96,680.44      6.5     844.98   10/1/2004        82.91      0-29      FIX            0
4000165927       359      138,200.00  138,138.87       10   1,212.80   10/1/2004        94.98      0-29      6ML         6.25
4000177661       359      117,000.00  116,932.69     8.75     920.44   10/1/2004          100      0-29      FIX            0
35263482         359      170,000.00  169,870.64    7.375   1,174.15   10/1/2004        59.65      0-29      FIX            0
34653790         359      235,000.00  234,850.15     8.25   1,765.48   10/1/2004          100      0-29      6ML            5
35193085         359      290,400.00  290,400.00      6.5   1,573.00   10/1/2004           80      0-29      6ML         4.75
34695858         358      279,000.00  279,000.00     7.25   1,685.63    9/1/2004           90      0-29      6ML          5.5
34435453         357       68,800.00   68,800.00     7.99     458.09   10/1/2004         84.1      0-29      6ML         4.75
35081801         359      173,300.00  173,300.00     7.75   1,119.23   10/1/2004        99.98      0-29      6ML        6.125
33733478         359      400,000.00  400,000.00     5.99   1,996.67   10/1/2004           80      0-29      6ML        4.125
35151000         359      108,900.00  108,815.05     7.25     742.89   10/1/2004           90      0-29      6ML         5.75
35155050         359      171,678.00  171,678.00    5.875     840.51   10/1/2004           80      0-29      6ML            4
34645069         358      102,700.00  102,700.00      6.5     556.29    9/1/2004        79.98      0-29      6ML         4.25
34854737         359       59,200.00   59,150.26    6.875     388.91   10/1/2004           80      0-29      6ML        4.125
34834531         359      176,000.00  176,000.00        7   1,026.67   10/1/2004           80      0-29      6ML         4.75
35184209         358       93,000.00   92,841.40      7.5     650.27    9/1/2004        69.92      0-29      FIX            0
35185909         359      297,000.00  297,000.00    6.875   1,701.56   10/1/2004           90      0-29      6ML        4.625
4000159824       359      293,500.00  293,303.03    7.999   2,153.39   10/1/2004        94.98      0-29      6ML          5.5
4000167691       359      344,700.00  344,403.22     6.75   2,235.72   10/1/2004           90      0-29      6ML        5.375
35204437         359      279,200.00  279,200.00    6.375   1,483.25   10/1/2004           80      0-29      6ML        4.625
34652610         359       35,700.00   35,679.45     8.75     280.86   10/1/2004           85      0-29      6ML        6.875
35203314         359      280,000.00  279,786.93    7.375   1,933.90   10/1/2004        53.33      0-29      6ML          4.5
34994053         359      206,500.00  206,356.67        8   1,515.23   10/1/2004        84.98      0-29      6ML        6.625
34998880         359      194,650.00  194,650.00      7.5   1,216.56   10/1/2004           85      0-29      6ML          5.5
34861559         359       87,920.00   87,828.20     5.75     513.08   10/1/2004           80      0-29      6ML        3.875
34966259         359      164,350.00  164,224.94    7.375   1,135.13   10/1/2004           95      0-29      6ML        5.875
35209600         359      280,000.00  280,000.00      6.5   1,516.67   10/1/2004           80      0-29      6ML          4.5
35235142         359      116,000.00  115,936.50     8.99     932.53   10/1/2004        84.99      0-29      6ML        5.375
34845776         359      176,000.00  176,000.00    6.375        935   10/1/2004           80      0-29      6ML        4.125
34936864         359      149,200.00  149,200.00    6.625     823.71   10/1/2004           80      0-29      6ML        4.625
34926097         359      114,550.00  114,550.00        6     572.75   10/1/2004        79.99      0-29      6ML        3.875
35032614         359      824,000.00  823,862.50    5.625   3,862.50   10/1/2004           80      0-29      6ML        3.375
35079532         359       80,500.00   80,434.01        7     535.57   10/1/2004          100      0-29      6ML        5.625
4000160472       358       63,650.00   63,562.10    7.875     461.51    9/1/2004           95      0-29      6ML          6.5
34832287         359      258,300.00  258,098.49     7.25   1,762.07   10/1/2004           90      0-29      6ML         5.75
33593708         358      209,000.00  208,639.08     6.75   1,355.58    9/1/2004           95      0-29      6ML        5.375
35188291         359      260,000.00  260,000.00    5.875   1,272.92   10/1/2004           80      0-29      6ML         3.75
34251660         356      104,800.00  104,800.00     6.25     545.83    9/1/2004           80      0-29      6ML        4.875
35081496         359      101,000.00  100,926.89    7.625     714.88   10/1/2004          100      0-29      6ML          5.5
33764150         359      464,000.00  464,000.00    6.875   2,658.33   10/1/2004           80      0-29      6ML         4.75
4000158454       358      166,800.00  166,800.00     6.25     868.75    9/1/2004           80      0-29      6ML          4.5
34973420         359       33,600.00   33,581.16    8.875     267.34   10/1/2004           80      0-29      6ML         6.25
34901348         358      187,450.00  187,450.00      7.5   1,171.56   10/1/2004        94.98      0-29      6ML            5
34851816         359      156,000.00  155,889.89     7.75   1,117.61   10/1/2004           65      0-29      FIX            0
34697144         358      150,000.00  149,787.58     7.75   1,074.62   11/1/2004           50      0-29      6ML            4
35149442         359       44,800.00   44,770.69    8.125     332.64   10/1/2004           80      0-29      FIX            0
35122555         359      208,000.00  207,802.63     6.25   1,280.70   10/1/2004        62.48      0-29      6ML            4
35124619         359      148,800.00  148,800.00    6.375      790.5   10/1/2004           80      0-29      6ML          3.5
34967356         358       77,400.00   77,295.77        8     567.94   10/1/2004           60      0-29      FIX            0
35209501         359      450,000.00  450,000.00     6.99   2,621.25   10/1/2004           90      0-29      6ML         5.25
34854117         359      193,900.00  193,763.14     7.75   1,389.13   10/1/2004        94.98      0-29      6ML          6.5
34970822         359       47,250.00   47,211.19     6.99     314.04   10/1/2004           75      0-29      6ML        3.125
34858779         359      301,500.00  301,500.00     7.99   2,007.49   10/1/2004           90      0-29      6ML          6.5
4000157614       358      240,000.00  239,485.64    5.625   1,381.58    9/1/2004        70.18      0-29      6ML         3.75
35123322         359      573,200.00  572,741.62    7.125   3,861.76   10/1/2004           80      0-29      6ML        4.625
34958181         359      167,200.00  167,200.00     5.99     834.61   10/1/2004           80      0-29      6ML            4
34896431         359      108,000.00  107,902.36      6.5     682.64   10/1/2004        51.47      0-29      6ML        3.625
35183466         359      412,500.00  412,127.09      6.5   2,607.29   10/1/2004           75      0-29      6ML        4.625
34524389         359      104,000.00  103,859.34     7.75     745.07   10/1/2004        94.98      0-29      FIX            0
35004779         359      123,200.00  123,200.00    6.125     628.83   10/1/2004           80      0-29      6ML        4.125

<CAPTION>
             INITIAL  PERIODIC                           PREPAYMENT
  LOANID       CAP      CAP       FLOOR    CEILING          TERM                                PREPAYMENT PENALTY
--------------------------------------------------------------------------------------------------------------------------
<S>             <C>      <C>      <C>       <C>              <C>                        <C>
34848796        0        0            0          0            0                                                       None
34976076        3        1        6.375     12.375           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34932335        3        1         5.75      11.75           36                              6 mo.s interest less 20% obal
34655506        3        1        7.875     13.875           24                              6 mo.s interest less 20% obal
35146364        1        1         6.25      12.25            0                                                       None
34078204        3        1        7.375     13.375           24                              6 mo.s interest less 20% obal
34935080        3        1        6.125     12.125           36                              6 mo.s interest less 20% obal
4000175228      3        1        7.625     13.625           24                              6 mo.s interest less 20% obal
4000170640      3        1        6.875     12.875           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35008028        3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
4000164428      3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
4000162519      1        1        5.999     11.999           36                              6 mo.s interest less 20% obal
35028893        3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
35187426        3        1         5.75      11.75           36                              6 mo.s interest less 20% obal
34553305        0        0            0          0            0                                                       None
34972372        0        0            0          0           36                                                 1% prepaid
4000142175      3        1        5.375     11.375            0                                                       None
4000152657      3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
4000175580      3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
35112580        0        0            0          0           36                              6 mo.s interest less 20% obal
34277673        3        1        6.875     12.875            0                                                       None
35146430        3        1         6.25      12.25            0                                                       None
4000171127      3        1        6.875     12.875            0                                                       None
35135912        3        1        6.625     12.625           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34897314        3        1        7.375     13.375           36                              6 mo.s interest less 20% obal
35235332        1        1         5.99      11.99           36                              6 mo.s interest less 20% obal
34667741        3        1         6.99      12.99            0                                                       None
34081588        3        1         5.25      11.25           24                              6 mo.s interest less 20% obal
4000174008      3        1         8.25      14.25           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35149368        3        1          7.5       13.5            0                                                       None
35070895        3        1            8         14            0                                                       None
34243931        3        1         8.25      14.25           36                              6 mo.s interest less 20% obal
34953463        3        1        5.875     11.875           36                              6 mo.s interest less 20% obal
33593617        3        1        5.375     11.375           24                              6 mo.s interest less 20% obal
35247238        3        1         8.25      14.25           36                              6 mo.s interest less 20% obal
35030394        3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
34516807        0        0            0          0           24                                                 1% prepaid
34856468        0        0            0          0            0                                                       None
34991075        1        1          6.5       12.5           36                         min (2% prepaid, 60 days interest)
4000167861      3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
4000166515      3        1        5.999     11.999           24                              6 mo.s interest less 20% obal
34940973        0        0            0          0           36                              6 mo.s interest less 20% obal
4000160042      3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
4000166192      3        1            9         15           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35149301        3        1        8.375     14.375            0                                                       None
34658393        3        1         7.75      13.75           24                                                 2% prepaid
35102540        0        0            0          0            0                                                       None
4000165927      3        1           10         16           24                              6 mo.s interest less 20% obal
4000177661      0        0            0          0           36                                                 1% prepaid
35263482        0        0            0          0           36                              6 mo.s interest less 20% obal
34653790        3        1         8.25      14.25            0                                                       None
35193085        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
34695858        3        1         7.25      13.25            0                                                       None
34435453        3        1         7.99      13.99            0                                                       None
35081801        3        1         7.75      13.75            0                                                       None
33733478        3        1         5.99      11.99           24                              6 mo.s interest less 20% obal
35151000        3        1         7.25      13.25            0                                                       None
35155050        3        1        5.875     11.875            0                                                       None
34645069        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
34854737        3        1        6.875     12.875            0                                                       None
34834531        3        1            7         13           24                              6 mo.s interest less 20% obal
35184209        0        0            0          0           36                              6 mo.s interest less 20% obal
35185909        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
4000159824      3        1        7.999     13.999            0                                                       None
4000167691      3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
35204437        3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
34652610        3        1         8.75      14.75           24                                                 2% prepaid
35203314        3        1        7.375     13.375           12                              6 mo.s interest less 20% obal
34994053        3        1            8         14           36                         min (2% prepaid, 60 days interest)
34998880        3        1          7.5       13.5           36                         min (2% prepaid, 60 days interest)
34861559        3        1         5.75      11.75           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34966259        3        1        7.375     13.375           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35209600        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
35235142        3        1         8.99      14.99           24                              6 mo.s interest less 20% obal
34845776        3        1        6.375     12.375           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34936864        3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
34926097        3        1            6         12           24                              6 mo.s interest less 20% obal
35032614        3        1        5.625     11.625           24                              6 mo.s interest less 20% obal
35079532        3        1            7         13            0                                                       None
4000160472      3        1        7.875     13.875           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34832287        3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
33593708        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
35188291        3        1        5.875     11.875           36                              6 mo.s interest less 20% obal
34251660        3        1         6.25      12.25           36                              6 mo.s interest less 20% obal
35081496        3        1        7.625     13.625            0                                                       None
33764150        3        1        6.875     12.875            0                                                       None
4000158454      3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
34973420        3        1        8.875     14.875           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34901348        3        1          7.5       13.5            0                                                       None
34851816        0        0            0          0            0                                                       None
34697144        3        1         7.75      13.75           36                              6 mo.s interest less 20% obal
35149442        0        0            0          0           36                              6 mo.s interest less 20% obal
35122555        3        1         6.25      12.25           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35124619        3        1        6.375     12.375           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34967356        0        0            0          0           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35209501        3        1         6.99      12.99           24                              6 mo.s interest less 20% obal
34854117        3        1         7.75      13.75           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34970822        3        1         6.99      12.99           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34858779        3        1         7.99      13.99           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000157614      3        1        5.625     11.625           36                              6 mo.s interest less 20% obal
35123322        3        1        7.125     13.125            0                                                       None
34958181        3        1         5.99      11.99           36                              6 mo.s interest less 20% obal
34896431        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
35183466        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
34524389        0        0            0          0           36                              6 mo.s interest less 20% obal
35004779        3        1        6.125     12.125           24                              6 mo.s interest less 20% obal

<CAPTION>
                                              PAYMENT
              FIRST RATE      RATE RESET       RESET                                  MI
  LOANID      RESET DATE       FREQUENCY     FREQUENCY  PURPOSE   DIV  IO    IOTERM  FLAG
-----------------------------------------------------------------------------------------
<S>           <C>                  <C>            <C>  <C>         <C>  <C>    <C>    <C>
34848796      00/00/0000           0              0    C/O Refi    N    N       0     N
34976076        9/1/2006           6              6    C/O Refi    N    N       0     N
34932335        8/1/2007           6              6    Purchase    N    N       0     N
34655506        9/1/2006           6              6    C/O Refi    N    N       0     N
35146364        2/1/2005           6              6    Purchase    N    Y      60     N
34078204        8/1/2006           6              6    Purchase    N    Y      60     N
34935080        9/1/2009           6              6    Purchase    N    Y      60     N
4000175228      9/1/2006           6              6    Purchase    N    N       0     Y
4000170640      9/1/2006           6              6    C/O Refi    N    Y      60     N
35008028        9/1/2006           6              6    C/O Refi    N    Y      60     N
4000164428      9/1/2009           6              6    Purchase    N    Y      60     N
4000162519      3/1/2005           6              6    C/O Refi    N    Y      60     N
35028893        9/1/2006           6              6    Purchase    N    Y      60     N
35187426        9/1/2007           6              6    Purchase    N    Y      60     N
34553305      00/00/0000           0              0    C/O Refi    N    N       0     N
34972372      00/00/0000           0              0    Purchase    N    N       0     Y
4000142175      7/1/2009           6              6    C/O Refi    N    Y      60     N
4000152657      9/1/2006           6              6    Purchase    N    Y      60     N
4000175580      9/1/2006           6              6    Purchase    N    Y      60     N
35112580      00/00/0000           0              0    Purchase    N    N       0     Y
34277673        8/1/2009           6              6    C/O Refi    N    N       0     N
35146430        9/1/2006           6              6    C/O Refi    N    Y      60     N
4000171127      9/1/2006           6              6    Purchase    N    Y      60     N
35135912        9/1/2006           6              6    Purchase    N    N       0     N
34897314        9/1/2007           6              6    Purchase    N    Y      60     N
35235332        3/1/2005           6              6    Purchase    N    Y      60     N
34667741        9/1/2006           6              6    Purchase    N    Y      60     N
34081588        9/1/2006           6              6    Purchase    N    Y      60     N
4000174008      9/1/2006           6              6    Purchase    N    N       0     N
35149368        9/1/2007           6              6    C/O Refi    N    Y      60     N
35070895        9/1/2007           6              6    Purchase    N    N       0     Y
34243931        8/1/2007           6              6    Purchase    N    Y      60     N
34953463        9/1/2009           6              6    Purchase    N    Y      60     N
33593617        8/1/2006           6              6    Purchase    N    Y      60     N
35247238        9/1/2007           6              6    Purchase    N    N       0     N
35030394        9/1/2006           6              6    C/O Refi    N    Y      60     N
34516807      00/00/0000           0              0    C/O Refi    N    N       0     N
34856468      00/00/0000           0              0    C/O Refi    N    N       0     N
34991075        3/1/2005           6              6    C/O Refi    N    Y      60     N
4000167861      9/1/2006           6              6    C/O Refi    N    Y      60     N
4000166515      9/1/2009           6              6    C/O Refi    N    Y      60     N
34940973      00/00/0000           0              0    C/O Refi    N    N       0     N
4000160042      9/1/2006           6              6    Purchase    N    Y      60     N
4000166192      9/1/2006           6              6    Purchase    N    N       0     N
35149301        9/1/2006           6              6    C/O Refi    N    Y      60     N
34658393        9/1/2006           6              6    Purchase    N    N       0     Y
35102540      00/00/0000           0              0    R/T Refi    N    N       0     N
4000165927      9/1/2006           6              6    Purchase    N    N       0     Y
4000177661    00/00/0000           0              0    C/O Refi    N    N       0     Y
35263482      00/00/0000           0              0    C/O Refi    N    N       0     N
34653790        9/1/2006           6              6    Purchase    N    N       0     N
35193085        9/1/2006           6              6    Purchase    N    Y      60     N
34695858        8/1/2007           6              6    Purchase    N    Y      60     N
34435453        7/1/2009           6              6    R/T Refi    N    Y      60     Y
35081801        9/1/2007           6              6    Purchase    N    Y      60     N
33733478        9/1/2006           6              6    Purchase    N    Y      60     N
35151000        9/1/2007           6              6    R/T Refi    N    N       0     N
35155050        9/1/2006           6              6    Purchase    N    Y      60     N
34645069        8/1/2006           6              6    Purchase    N    Y      60     N
34854737        9/1/2006           6              6    Purchase    N    N       0     N
34834531        9/1/2009           6              6    Purchase    N    Y      60     N
35184209      00/00/0000           0              0    C/O Refi    N    N       0     N
35185909        9/1/2006           6              6    Purchase    N    Y      60     Y
4000159824      9/1/2009           6              6    R/T Refi    N    N       0     Y
4000167691      9/1/2006           6              6    R/T Refi    N    N       0     Y
35204437        9/1/2006           6              6    Purchase    N    Y      60     N
34652610        9/1/2006           6              6    C/O Refi    N    N       0     N
35203314        9/1/2006           6              6    C/O Refi    N    N       0     N
34994053        9/1/2006           6              6    C/O Refi    N    N       0     Y
34998880        9/1/2007           6              6    R/T Refi    N    Y      60     N
34861559        9/1/2006           6              6    Purchase    N    N       0     N
34966259        9/1/2006           6              6    C/O Refi    N    N       0     Y
35209600        9/1/2006           6              6    C/O Refi    N    Y      60     N
35235142        9/1/2006           6              6    Purchase    N    N       0     Y
34845776        9/1/2006           6              6    R/T Refi    N    Y      60     N
34936864        9/1/2006           6              6    Purchase    N    Y      60     N
34926097        9/1/2006           6              6    Purchase    N    Y      60     N
35032614        9/1/2006           6              6    Purchase    N    Y      60     N
35079532        9/1/2006           6              6    Purchase    N    N       0     N
4000160472      8/1/2006           6              6    R/T Refi    N    N       0     Y
34832287        9/1/2006           6              6    Purchase    N    N       0     Y
33593708        8/1/2006           6              6    R/T Refi    N    N       0     N
35188291        9/1/2007           6              6    Purchase    N    Y      60     N
34251660        6/1/2007           6              6    Purchase    N    Y      60     N
35081496        9/1/2007           6              6    Purchase    N    N       0     N
33764150        9/1/2007           6              6    Purchase    N    Y      60     N
4000158454      8/1/2006           6              6    Purchase    N    Y      60     N
34973420        9/1/2006           6              6    C/O Refi    N    N       0     N
34901348        8/1/2006           6              6    Purchase    N    Y      60     Y
34851816      00/00/0000           0              0    C/O Refi    N    N       0     N
34697144        8/1/2007           6              6    Purchase    N    N       0     N
35149442      00/00/0000           0              0    Purchase    N    N       0     N
35122555        9/1/2006           6              6    C/O Refi    N    N       0     N
35124619        9/1/2009           6              6    Purchase    N    Y      60     N
34967356      00/00/0000           0              0    C/O Refi    N    N       0     N
35209501        9/1/2006           6              6    C/O Refi    N    Y      60     N
34854117        9/1/2006           6              6    Purchase    N    N       0     Y
34970822        9/1/2006           6              6    C/O Refi    N    N       0     N
34858779        9/1/2006           6              6    Purchase    N    Y      60     N
4000157614      8/1/2007           6              6    R/T Refi    N    N       0     N
35123322        9/1/2006           6              6    C/O Refi    N    N       0     N
34958181        9/1/2007           6              6    Purchase    N    Y      60     N
34896431        9/1/2009           6              6    Purchase    N    N       0     N
35183466        9/1/2006           6              6    C/O Refi    N    N       0     N
34524389      00/00/0000           0              0    R/T Refi    N    N       0     Y
35004779        9/1/2006           6              6    Purchase    N    Y      60     N
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
                                                          PROPERTY                    ORIGINAL ORIGINATION  FIRST PAY   MATURITY
  LOANID              CITY                 ZIP    STATE     TYPE       OCCUPANCY        TERM      DATE        DATE        DATE
--------------------------------------------------------------------------------------------------------------------------------
<S>           <C>                         <C>       <C>   <C>        <C>                <C>     <C>         <C>         <C>
35205111      PALM SPRINGS                92264     CA       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
35193713      LA MIRADA                   90638     CA       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
34527135      NOWATA                      74048     OK       SFR     Owner Occupied     180     8/24/2004   10/1/2004   9/1/2019
35016401      ELBERT                      80106     CO       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
35209030      EL CAJON                    92021     CA       PUD     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
34719112      RIVERSIDE                   92507     CA       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
4000176146    NEWARK                      94560     CA       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34849984      HOFFMAN ESTATES             60194     IL      Condo    Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
34646711      MENASHA                     54952     WI    Units 2-4  Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34797498      HIGHLAND                    92346     CA       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
34064675      LAS VEGAS                   89115     NV       SFR     Owner Occupied     360      6/9/2004    9/1/2004   8/1/2034
35032325      LA VERNE                    91750     CA    Units 2-4  Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
35132497      CHICAGO                     60629     IL    Units 2-4     Investor        360     8/25/2004   10/1/2004   9/1/2034
35191444      WEST COVINA                 91792     CA       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
4000162161    SEDRO WOOLLEY               98284     WA       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
35322734      PORTLAND                    97219     OR       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
33917311      OCOEE                       34761     FL       PUD     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
4000172079    BROCKTON                     2301     MA      Condo    Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
35129915      GARY                        46408     IN       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35030782      SANTA CLARITA               91350     CA       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
4000167149    PEMBROKE PINES              33024     FL       SFR     Owner Occupied     360      8/4/2004    9/1/2004   8/1/2034
4000162803    UNIONDALE                   11553     NY       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34692129      MIAMI                       33150     FL    Units 2-4  Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
32832016      WILDOMAR                    92595     CA       PUD     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
34430397      CONCORD                     28027     NC       SFR     Owner Occupied     360     6/30/2004    8/1/2004   7/1/2034
34788687      SAN DIEGO                   92154     CA       PUD     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
34843896      MACHESNEY PARK              61115     IL       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
34885400      DOTHAN                      36303     AL       SFR     Owner Occupied     180     8/19/2004   10/1/2004   9/1/2019
4000128153    CHINO                       91710     CA       SFR     Owner Occupied     360     7/26/2004    9/1/2004   8/1/2034
35161124      MEMPHIS                     38128     TN       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
4000176776    DALLAS                      75248     TX       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000177710    COLUMBUS                    43219     OH       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35032408      NORTH HILLS                 91343     CA      Condo    Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
35283431      JAMISON                     18929     PA       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
4000171480    HEMET                       92545     CA       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000172127    DETROIT                     48228     MI       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
34716688      CRESTLINE                   92325     CA       SFR     Owner Occupied     360     7/21/2004    9/1/2004   8/1/2034
34798843      LEMON GROVE                 91945     CA       SFR     Owner Occupied     360     7/23/2004    9/1/2004   8/1/2034
34800714      PALMDALE                    93551     CA       SFR     Owner Occupied     360     7/27/2004    9/1/2004   8/1/2034
4000162059    LAKEMORE                    44250     OH       SFR     Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
35284983      WAPPINGERS FALLS            12590     NY      Condo    Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
35285089      MAGNOLIA                     8049     NJ       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34718841      MORENO VALLEY               92555     CA       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
34933655      PORTLAND                    97239     OR      Condo    Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
35145655      MEMPHIS                     38125     TN       SFR     Owner Occupied     360      8/5/2004    9/1/2004   8/1/2034
34650614      OKLAHOMA CITY               73141     OK       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
34757898      GWYNN OAK                   21207     MD       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
4000168950    BOULDER CREEK               95006     CA       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
4000174810    BLOOMFIELD                   6002     CT       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34380857      UPPER DARBY                 19082     PA       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
4000170109    RIVER ROUGE                 48218     MI       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
35249416      HOUSTON                     77088     TX       SFR     Owner Occupied     180     8/23/2004   10/1/2004   9/1/2019
4000157066    GRAND RAPIDS                49503     MI       SFR     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
34850206      SPRINGFIELD                 62703     IL       SFR     Owner Occupied     360     7/27/2004   10/1/2004   9/1/2034
35030832      SANTA CLARITA               91355     CA      Condo    Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
34865220      MIDDLEPORT T/O HARTLAND     14105     NY       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34931089      PORTLAND                    97202     OR       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
35113984      DALLAS                      75252     TX       PUD     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34859272      PAW PAW                     60353     IL       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
4000179059    NAPA                        94558     CA       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
34991299      WOODBURY                    55125     MN       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35034107      APPLE VALLEY                92308     CA       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
34474551      BALDWIN PARK                91706     CA       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
35204908      FRAZIER PARK                93225     CA       SFR     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
4000171839    DETROIT                     48224     MI       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
33018839      AUBURN                      46706     IN       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
34649939      SAINT LOUIS                 63134     MO       SFR     Owner Occupied     360     7/16/2004    9/1/2004   8/1/2034
4000164890    CLARKSTON                   48346     MI       SFR     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
35222470      CLEARWATER                  33764     FL       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
34755934      VIRGINIA BEACH              23464     VA       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
4000178630    CASTLE ROCK                 80109     CO       PUD     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
35105964      CONVERSE                    78109     TX       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
4000169212    MIAMI                       33178     FL       PUD     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
34833566      WAREHAM                      2571     MA       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
34888206      PORT SAINT LUCIE            34986     FL       PUD     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
34004580      HOUSTON                     77083     TX       PUD     Owner Occupied     180     7/29/2004    9/1/2004   8/1/2019
35188812      SAN DIEGO                   92110     CA       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35152073      MT. JULIET                  37122     TN       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
4000169531    SMYRNA                      30082     GA       PUD     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
34710806      HIGHLAND                    92346     CA       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
4000157325    VANCOUVER                   98684     WA       SFR     Owner Occupied     360      8/7/2004   10/1/2004   9/1/2034
34966895      MCDONALD                    15057     PA       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35366590      KUNA                        83634     ID       PUD     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
4000178899    MISSOURI CITY               77459     TX       PUD     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34921528      SNELLVILLE                  30078     GA       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
4000163906    PONTIAC                     48341     MI       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000164747    SAGAMORE HILLS              44067     OH       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
35207265      CHULA VISTA                 91914     CA      Condo    Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
34935023      BEND                        97701     OR       SFR     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
4000165106    SOUTH SAN FRANCISCO         94080     CA       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
33017641      INDIANAPOLIS                46222     IN       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
4000168037    LAWRENCEVILLE               30045     GA       PUD     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35145598      MEMPHIS                     38127     TN       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
34860205      CHICAGO                     60619     IL       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
34990648      PLYMOUTH                    55442     MN       SFR     Owner Occupied     180     7/29/2004    9/1/2004   8/1/2019
35146232      ATLANTA                     30312     GA      Condo    Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
4000165435    FAIRFIELD                   94533     CA       SFR     Owner Occupied     360     7/28/2004   10/1/2004   9/1/2034
4000166866    LIVERMORE                   94550     CA       PUD     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
35148790      NASHVILLE                   37211     TN       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
35148915      MACON                       31204     GA       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
35032341      STUDIO CITY                 91604     CA       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
34377747      IRVINGTON                    7111     NJ    Units 2-4  Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
34953497      MORENO VALLEY               92553     CA       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
35131846      SOUTH HOLLAND               60473     IL       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
35160407      NASHVILLE                   37211     TN      Condo    Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034

<CAPTION>
                                                                                      ORIGINAL
                                                                                      COMBAINED
              REMAINING     ORIGINAL   SCHEDULED                       PAID THRU       LOAN TO      OTS
  LOANID        TERM        BALANCE     BALANCE      RATE      P&I        DATE          VALUE   DELINQUENCY INDEX       MARGIN
------------------------------------------------------------------------------------------------------------------------------
<S>              <C>      <C>         <C>           <C>     <C>        <C>              <C>        <C>       <C>        <C>
35205111         359      564,000.00  564,000.00     5.99   2,815.30   10/1/2004           80      0-29      6ML        3.875
35193713         359      499,500.00  499,138.47    7.625   3,535.44   10/1/2004           90      0-29      6ML        5.875
34527135         179      115,000.00  114,648.85    7.375   1,057.92   10/1/2004        90.55      0-29      FIX            0
35016401         359      320,625.00  320,625.00      7.5   2,003.91   10/1/2004           95      0-29      FIX            0
35209030         359      400,000.00  400,000.00     6.25   2,083.33   10/1/2004        84.39      0-29      6ML        4.625
34719112         359      140,000.00  140,000.00    6.875     802.08   10/1/2004           70      0-29      6ML         4.25
4000176146       359      412,000.00  412,000.00    5.875   2,017.08   10/1/2004           80      0-29      6ML        3.375
34849984         359       92,000.00   91,920.78     6.75     596.72   10/1/2004        76.67      0-29      6ML        4.375
34646711         359       99,800.00   99,800.00      7.5     623.75   10/1/2004        94.96      0-29      6ML        5.625
34797498         359      375,900.00  375,900.00     5.25   1,644.56   10/1/2004        79.99      0-29      6ML         3.75
34064675         358      133,000.00  133,000.00    7.375      817.4    9/1/2004        80.61      0-29      6ML            5
35032325         359      416,000.00  416,000.00    5.375   1,863.33   10/1/2004           80      0-29      6ML        3.375
35132497         359      142,000.00  141,902.28    7.875   1,029.60   10/1/2004        59.17      0-29      6ML        2.875
35191444         359      366,400.00  366,400.00    6.125   1,870.17   10/1/2004           80      0-29      6ML         4.25
4000162161       359      216,000.00  215,851.35    7.875   1,566.15   10/1/2004           90      0-29      6ML        6.125
35322734         359      205,600.00  205,600.00        6   1,028.00   10/1/2004           80      0-29      6ML          3.5
33917311         359      280,700.00  280,700.00    6.375   1,491.22   10/1/2004        79.99      0-29      6ML        4.375
4000172079       359      151,900.00  151,900.00    6.875     870.26   10/1/2004        79.99      0-29      6ML            5
35129915         359       40,500.00   40,477.87        9     325.88   10/1/2004           90      0-29      6ML         7.25
35030782         359      460,750.00  460,416.52    7.625   3,261.16   10/1/2004           95      0-29      6ML         6.25
4000167149       358      147,200.00  146,951.95    6.875        967    9/1/2004           80      0-29      6ML            5
4000162803       359      337,500.00  337,249.47    7.499   2,359.62   10/1/2004           90      0-29      6ML        6.375
34692129         359       71,250.00   71,207.11    8.625     554.18   10/1/2004           75      0-29      6ML        6.375
32832016         359      280,050.00  280,050.00     5.75   1,341.91   10/1/2004           80      0-29      6ML         4.25
34430397         357       93,900.00   93,899.99      5.5     430.38    9/1/2004        79.98      0-29      6ML        3.625
34788687         359      421,450.00  421,450.00      5.5   1,931.65   10/1/2004           80      0-29      6ML          3.5
34843896         359       50,000.00   49,965.59    7.875     362.54   10/1/2004        55.56      0-29      FIX            0
34885400         179       44,800.00   44,670.53        8     428.14   10/1/2004        72.26      0-29      FIX            0
4000128153       358      260,000.00  259,505.33     6.25   1,600.86    9/1/2004           80      0-29      FIX            0
35161124         359       90,000.00   89,949.54    8.875     716.09   10/1/2004          100      0-29      FIX            0
4000176776       359      172,800.00  172,671.76      7.5   1,208.24   10/1/2004           80      0-29      6ML        5.625
4000177710       359      175,500.00  175,396.39    8.625   1,365.02   10/1/2004           90      0-29      6ML        6.875
35032408         359      389,500.00  389,180.72        7   2,591.36   10/1/2004        94.31      0-29      6ML        5.375
35283431         359      155,000.00  154,869.78    6.875   1,018.24   10/1/2004        60.78      0-29      6ML        5.125
4000171480       359      239,000.00  238,732.19    5.375   1,338.33   10/1/2004        75.87      0-29      6ML        3.875
4000172127       359       78,100.00   78,100.00    7.625     496.26   10/1/2004        84.89      0-29      6ML        5.375
34716688         358      208,000.00  207,631.95    6.625   1,331.85    9/1/2004           80      0-29      6ML        5.125
34798843         358      348,000.00  347,999.25    5.625   1,631.25    9/1/2004           80      0-29      6ML         3.75
34800714         358      292,300.00  292,279.88     7.25   1,765.98    9/1/2004           79      0-29      6ML         5.25
4000162059       358       84,000.00   83,895.22    8.375     638.46   10/1/2004           80      0-29      FIX            0
35284983         359      203,000.00  202,886.19    8.875   1,615.16   10/1/2004          100      0-29      6ML        6.875
35285089         359      152,000.00  151,881.42     7.25   1,036.91   10/1/2004           95      0-29      6ML        5.875
34718841         359      330,000.00  330,000.00    6.625   1,821.88   10/1/2004        91.67      0-29      6ML        5.125
34933655         358      107,900.00  107,900.00     6.75     606.94    9/1/2004        79.99      0-29      6ML        4.625
35145655         358      125,040.00  125,040.00        6      625.2    9/1/2004           80      0-29      6ML            4
34650614         359       61,900.00   61,863.45    8.625     481.46   10/1/2004        79.97      0-29      6ML            6
34757898         359       96,000.00   95,915.30    6.625      614.7   10/1/2004           80      0-29      6ML        4.875
4000168950       359      397,600.00  397,600.00    5.875   1,946.58   10/1/2004           80      0-29      6ML        3.875
4000174810       359      144,000.00  144,000.00     8.75   1,050.00   10/1/2004           90      0-29      6ML         6.75
34380857         359       54,000.00   53,972.00     9.25     444.25   10/1/2004          100      0-29      6ML        6.125
4000170109       359       58,800.00   58,767.04    8.875     467.84   10/1/2004           80      0-29      6ML         6.25
35249416         179       57,600.00   57,444.31     8.75     575.69   10/1/2004           80      0-29      FIX            0
4000157066       358       87,000.00   86,869.78      7.5     608.32   10/1/2004        79.09      0-29      6ML        5.375
34850206         359       61,750.00   61,706.41     7.75     442.39   10/1/2004           95      0-29      6ML        6.125
35030832         359      163,000.00  163,000.00     5.99     813.64   10/1/2004        45.28      0-29      6ML        4.125
34865220         359       68,000.00   67,949.53      7.5     475.47   10/1/2004           85      0-29      FIX            0
34931089         359      201,800.00  201,800.00     7.25   1,219.21   10/1/2004        79.98      0-29      FIX            0
35113984         359      548,000.00  547,528.18     6.75   3,554.32   10/1/2004           80      0-29      FIX            0
34859272         359      133,950.00  133,853.05    7.625     948.09   10/1/2004           95      0-29      6ML         6.25
4000179059       359      722,350.00  722,350.00    6.625   3,987.97   10/1/2004           80      0-29      6ML            4
34991299         359      333,000.00  332,720.23    6.875   2,187.58   10/1/2004        87.63      0-29      6ML         5.75
35034107         359      304,000.00  304,000.00    7.125   1,805.00   10/1/2004           95      0-29      6ML          5.5
34474551         359      280,000.00  280,000.00     6.25   1,458.33   10/1/2004           80      0-29      6ML         4.25
35204908         358      174,000.00  173,706.61    6.875   1,143.06    9/1/2004        94.05      0-29      6ML        5.375
4000171839       359       84,500.00   84,500.00      8.5     598.54   10/1/2004        82.84      0-29      6ML        7.125
33018839         359      112,500.00  112,393.25     6.25     692.69   10/1/2004          100      0-29      6ML            5
34649939         358       56,500.00   56,407.09        7      375.9    9/1/2004         68.9      0-29      6ML        4.625
4000164890       358      144,000.00  143,900.00    7.625        915    9/1/2004           80      0-29      6ML        5.375
35222470         359      268,750.00  268,750.00      6.5   1,455.73   10/1/2004        79.99      0-29      6ML        4.625
34755934         359      183,000.00  182,864.18      7.5   1,279.57   10/1/2004        71.76      0-29      FIX            0
4000178630       359      232,000.00  232,000.00      5.5   1,063.33   10/1/2004           80      0-29      6ML        4.125
35105964         359       83,200.00   83,200.00    6.375        442   10/1/2004           80      0-29      6ML         4.25
4000169212       359      243,000.00  243,000.00    7.125   1,442.81   10/1/2004           90      0-29      6ML        5.625
34833566         359      415,900.00  415,900.00    6.875   2,382.76   10/1/2004           80      0-29      6ML         5.25
34888206         359      256,000.00  256,000.00    7.375   1,573.33   10/1/2004        77.58      0-29      6ML          5.5
34004580         178       72,800.00   72,373.14    7.875     690.48    9/1/2004           80      0-29      FIX            0
35188812         359      639,200.00  639,200.00    6.375   3,395.75   10/1/2004           80      0-29      6ML        4.125
35152073         359      116,000.00  115,913.91      7.5     811.09   10/1/2004           80      0-29      FIX            0
4000169531       359      206,400.00  206,400.00    6.125   1,053.50   10/1/2004           80      0-29      6ML            4
34710806         359      148,000.00  148,000.00        6        740   10/1/2004           80      0-29      6ML         3.75
4000157325       359      159,500.00  159,372.45    7.125   1,074.58   10/1/2004        94.94      0-29      6ML        5.625
34966895         359       50,000.00   49,968.11     8.25     375.64   10/1/2004          100      0-29      6ML        7.125
35366590         359       85,200.00   85,200.00    6.375     452.63   10/1/2004           80      0-29      6ML         4.25
4000178899       359      190,000.00  189,858.99      7.5   1,328.51   10/1/2004           95      0-29      FIX            0
34921528         359      180,000.00  180,000.00    8.375   1,256.25   10/1/2004           80      0-29      FIX            0
4000163906       359       68,000.00   67,961.88    8.875     541.04   10/1/2004           80      0-29      6ML         6.75
4000164747       359      262,300.00  260,795.83    6.125   1,593.76   10/1/2004        79.99      0-29      6ML            5
35207265         359      384,000.00  384,000.00     5.99   1,916.80   10/1/2004           80      0-29      6ML        3.875
34935023         358      128,000.00  127,732.06     5.75     746.98    9/1/2004           80      0-29      6ML        3.625
4000165106       359      345,000.00  345,000.00    4.875   1,401.56   10/1/2004        58.47      0-29      6ML        2.875
33017641         359       70,200.00   70,200.00    7.125     416.81   10/1/2004           90      0-29      6ML        5.125
4000168037       359      243,900.00  243,900.00    6.375   1,295.72   10/1/2004        79.99      0-29      6ML            4
35145598         359       29,750.00   29,735.36      9.5     250.16   10/1/2004           85      0-29      FIX            0
34860205         359      144,000.00  144,000.00    6.625        795   10/1/2004           80      0-29      6ML        4.375
34990648         178      100,000.00   99,373.97    7.125     905.84   10/1/2004        26.67      0-29      FIX            0
35146232         359      116,000.00  116,000.00     6.75      652.5   10/1/2004           80      0-29      6ML        4.125
4000165435       359      286,000.00  286,000.00     6.25   1,489.58   10/1/2004        90.79      0-29      6ML         4.75
4000166866       359      530,000.00  530,000.00    5.375   2,373.96   10/1/2004        62.72      0-29      6ML         3.25
35148790         359      104,000.00  103,905.97      6.5     657.36   10/1/2004           80      0-29      6ML          4.5
35148915         359       58,400.00   58,366.39     8.75     459.44   10/1/2004           80      0-29      FIX            0
35032341         359      320,000.00  320,000.00    5.625   1,500.00   10/1/2004           80      0-29      6ML         3.75
34377747         359      243,000.00  242,819.65      7.5   1,699.10   10/1/2004           90      0-29      6ML        6.125
34953497         359      268,000.00  267,745.70     6.25   1,650.13   10/1/2004           80      0-29      6ML        4.875
35131846         359      180,500.00  180,352.04        7   1,200.88   10/1/2004           95      0-29      6ML        5.125
35160407         359      138,000.00  138,000.00    6.375     733.13   10/1/2004           80      0-29      6ML        4.375

<CAPTION>
             INITIAL  PERIODIC                           PREPAYMENT
  LOANID       CAP      CAP       FLOOR    CEILING          TERM                                PREPAYMENT PENALTY
--------------------------------------------------------------------------------------------------------------------------
<S>             <C>      <C>      <C>       <C>              <C>                        <C>
35205111        3        1         5.99      11.99           24                              6 mo.s interest less 20% obal
35193713        3        1        7.625     13.625           24                              6 mo.s interest less 20% obal
34527135        0        0            0          0           36                              6 mo.s interest less 20% obal
35016401        0        0            0          0           36                              6 mo.s interest less 20% obal
35209030        1        1         6.25      12.25           24                              6 mo.s interest less 20% obal
34719112        3        1        6.875     12.875           36                              6 mo.s interest less 20% obal
4000176146      3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
34849984        3        1         6.75      12.75           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34646711        3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
34797498        1        1         5.25      11.25           24                              6 mo.s interest less 20% obal
34064675        3        1        7.375     13.375           36                              6 mo.s interest less 20% obal
35032325        3        1        5.375     11.375           24                              6 mo.s interest less 20% obal
35132497        3        1        7.875     13.875            0                                                       None
35191444        3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
4000162161      3        1        7.875     13.875           24                              6 mo.s interest less 20% obal
35322734        3        1            6         12           24                              6 mo.s interest less 20% obal
33917311        3        1        6.375     12.375           36                              6 mo.s interest less 20% obal
4000172079      3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
35129915        3        1            9         15           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35030782        3        1        7.625     13.625           24                              6 mo.s interest less 20% obal
4000167149      3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
4000162803      3        1        7.499     13.499            0                                                       None
34692129        3        1        8.625     14.625           24                              6 mo.s interest less 20% obal
32832016        3        1         5.75      11.75           36                              6 mo.s interest less 20% obal
34430397        3        1          5.5       11.5            0                                                       None
34788687        3        1          5.5       11.5           24                              6 mo.s interest less 20% obal
34843896        0        0            0          0            0                                                       None
34885400        0        0            0          0            0                                                       None
4000128153      0        0            0          0           36                              6 mo.s interest less 20% obal
35161124        0        0            0          0           36                              6 mo.s interest less 20% obal
4000176776      3        1          7.5       13.5            0                                                       None
4000177710      3        1        8.625     14.625           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35032408        3        1            7         13           24                              6 mo.s interest less 20% obal
35283431        3        1        6.875     12.875           36                              6 mo.s interest less 20% obal
4000171480      3        1        5.375     11.375           36                              6 mo.s interest less 20% obal
4000172127      3        1        7.625     13.625           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34716688        3        1        6.625     12.625           36                              6 mo.s interest less 20% obal
34798843        3        1        5.625     11.625           24                              6 mo.s interest less 20% obal
34800714        3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
4000162059      0        0            0          0           36                                                 1% prepaid
35284983        3        1        8.875     14.875            0                                                       None
35285089        3        1         7.25      13.25            0                                                       None
34718841        3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
34933655        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
35145655        3        1            6         12           36                              6 mo.s interest less 20% obal
34650614        3        1        8.625     14.625           24                              6 mo.s interest less 20% obal
34757898        3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
4000168950      3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
4000174810      3        1         8.75      14.75           24                              6 mo.s interest less 20% obal
34380857        3        1         9.25      15.25           24                              6 mo.s interest less 20% obal
4000170109      3        1        8.875     14.875           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35249416        0        0            0          0            0                                                       None
4000157066      3        1          7.5       13.5           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34850206        3        1         7.75      13.75           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35030832        1        1         5.99      11.99           36                              6 mo.s interest less 20% obal
34865220        0        0            0          0           12                              6 mo.s interest less 20% obal
34931089        0        0            0          0           36                              6 mo.s interest less 20% obal
35113984        0        0            0          0           36                              6 mo.s interest less 20% obal
34859272        3        1        7.625     13.625           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000179059      3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
34991299        3        1        6.875     12.875           36                         min (2% prepaid, 60 days interest)
35034107        3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
34474551        3        1         6.25      12.25           36                              6 mo.s interest less 20% obal
35204908        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
4000171839      3        1          8.5       14.5           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
33018839        3        1         6.25      12.25           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34649939        3        1            7         13           24                                                 2% prepaid
4000164890      3        1        7.625     13.625           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35222470        3        1          6.5       12.5           36                              6 mo.s interest less 20% obal
34755934        0        0            0          0           36                              6 mo.s interest less 20% obal
4000178630      3        1          5.5       11.5            0                                                       None
35105964        3        1        6.375     12.375           36                              6 mo.s interest less 20% obal
4000169212      3        1        7.125     13.125           36                              6 mo.s interest less 20% obal
34833566        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
34888206        3        1        7.375     13.375           24                              6 mo.s interest less 20% obal
34004580        0        0            0          0            0                                                       None
35188812        3        1        6.375     12.375           12                              6 mo.s interest less 20% obal
35152073        0        0            0          0           36                              6 mo.s interest less 20% obal
4000169531      3        1        6.125     12.125            0                                                       None
34710806        3        1            6         12           24                              6 mo.s interest less 20% obal
4000157325      3        1        7.125     13.125           36                              6 mo.s interest less 20% obal
34966895        3        1         8.25      14.25           24                              6 mo.s interest less 20% obal
35366590        3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
4000178899      0        0            0          0           36                              6 mo.s interest less 20% obal
34921528        0        0            0          0            0                                                       None
4000163906      3        1        8.875     14.875           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000164747      1        1        6.125     12.125           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35207265        3        1         5.99      11.99           36                              6 mo.s interest less 20% obal
34935023        3        1         5.75      11.75           24                              6 mo.s interest less 20% obal
4000165106      3        1        4.875     10.875           36                              6 mo.s interest less 20% obal
33017641        3        1        7.125     13.125           12                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000168037      3        1        6.375     12.375            0                                                       None
35145598        0        0            0          0           36                              6 mo.s interest less 20% obal
34860205        3        1        6.625     12.625           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34990648        0        0            0          0           36                         min (2% prepaid, 60 days interest)
35146232        3        1         6.75      12.75            0                                                       None
4000165435      3        1         6.25      12.25           36                              6 mo.s interest less 20% obal
4000166866      3        1        5.375     11.375           24                              6 mo.s interest less 20% obal
35148790        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
35148915        0        0            0          0            0                                                       None
35032341        3        1        5.625     11.625           24                              6 mo.s interest less 20% obal
34377747        3        1          7.5       13.5            0                                                       None
34953497        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
35131846        3        1            7         13            0                                                       None
35160407        3        1        6.375     12.375           12                              6 mo.s interest less 20% obal

<CAPTION>
                                              PAYMENT
              FIRST RATE      RATE RESET       RESET                                  MI
  LOANID      RESET DATE       FREQUENCY     FREQUENCY  PURPOSE   DIV  IO    IOTERM  FLAG
-----------------------------------------------------------------------------------------
<S>           <C>                  <C>            <C>  <C>         <C>  <C>    <C>    <C>
35205111        9/1/2006           6              6    C/O Refi    N    Y      60     N
35193713        9/1/2006           6              6    C/O Refi    N    N       0     Y
34527135      00/00/0000           0              0    C/O Refi    N    N       0     N
35016401      00/00/0000           0              0    Purchase    N    Y      60     N
35209030        3/1/2005           6              6    C/O Refi    N    Y      60     N
34719112        9/1/2007           6              6    C/O Refi    N    Y      60     N
4000176146      9/1/2009           6              6    Purchase    N    Y      60     N
34849984        9/1/2006           6              6    C/O Refi    N    N       0     N
34646711        9/1/2006           6              6    Purchase    N    Y      60     Y
34797498        3/1/2005           6              6    Purchase    N    Y      60     N
34064675        8/1/2007           6              6    C/O Refi    N    Y      60     N
35032325        9/1/2006           6              6    Purchase    N    Y      60     N
35132497        9/1/2006           6              6    C/O Refi    N    N       0     N
35191444        9/1/2006           6              6    Purchase    N    Y      60     N
4000162161      9/1/2006           6              6    C/O Refi    N    N       0     Y
35322734        9/1/2009           6              6    Purchase    N    Y      60     N
33917311        9/1/2007           6              6    Purchase    N    Y      60     N
4000172079      9/1/2006           6              6    Purchase    N    Y      60     N
35129915        9/1/2006           6              6    Purchase    N    N       0     N
35030782        9/1/2006           6              6    R/T Refi    N    N       0     N
4000167149      8/1/2006           6              6    Purchase    N    N       0     N
4000162803      9/1/2007           6              6    R/T Refi    N    N       0     N
34692129        9/1/2006           6              6    C/O Refi    N    N       0     N
32832016        9/1/2006           6              6    Purchase    N    Y      60     N
34430397        7/1/2007           6              6    Purchase    N    Y      60     N
34788687        9/1/2006           6              6    Purchase    N    Y      60     N
34843896      00/00/0000           0              0    C/O Refi    N    N       0     N
34885400      00/00/0000           0              0    C/O Refi    N    N       0     N
4000128153    00/00/0000           0              0    C/O Refi    N    N       0     N
35161124      00/00/0000           0              0    Purchase    N    N       0     N
4000176776      9/1/2007           6              6    C/O Refi    N    N       0     N
4000177710      9/1/2006           6              6    C/O Refi    N    N       0     Y
35032408        9/1/2006           6              6    C/O Refi    N    N       0     Y
35283431        9/1/2007           6              6    Purchase    N    N       0     N
4000171480      9/1/2006           6              6    R/T Refi    N    N       0     N
4000172127      9/1/2009           6              6    R/T Refi    N    Y      60     Y
34716688        8/1/2007           6              6    Purchase    N    N       0     N
34798843        8/1/2006           6              6    Purchase    N    Y      60     N
34800714        8/1/2006           6              6    Purchase    N    Y      60     N
4000162059    00/00/0000           0              0    C/O Refi    N    N       0     N
35284983        9/1/2006           6              6    Purchase    N    N       0     N
35285089        9/1/2006           6              6    C/O Refi    N    N       0     Y
34718841        9/1/2006           6              6    C/O Refi    N    Y      60     Y
34933655        8/1/2006           6              6    Purchase    N    Y      60     N
35145655        8/1/2007           6              6    Purchase    N    Y      60     N
34650614        9/1/2006           6              6    C/O Refi    N    N       0     N
34757898        9/1/2006           6              6    Purchase    N    N       0     N
4000168950      9/1/2006           6              6    Purchase    N    Y      60     N
4000174810      9/1/2006           6              6    Purchase    N    Y      60     N
34380857        9/1/2006           6              6    Purchase    N    N       0     N
4000170109      9/1/2006           6              6    C/O Refi    N    N       0     N
35249416      00/00/0000           0              0    C/O Refi    N    N       0     N
4000157066      8/1/2006           6              6    R/T Refi    N    N       0     N
34850206        9/1/2006           6              6    C/O Refi    N    N       0     Y
35030832        3/1/2005           6              6    R/T Refi    N    Y      60     N
34865220      00/00/0000           0              0    C/O Refi    N    N       0     N
34931089      00/00/0000           0              0    Purchase    N    Y      60     N
35113984      00/00/0000           0              0    Purchase    N    N       0     N
34859272        9/1/2006           6              6    Purchase    N    N       0     Y
4000179059      9/1/2006           6              6    Purchase    N    Y      60     N
34991299        9/1/2006           6              6    C/O Refi    N    N       0     N
35034107        9/1/2006           6              6    Purchase    N    Y      60     N
34474551        9/1/2009           6              6    Purchase    N    Y      60     N
35204908        8/1/2006           6              6    R/T Refi    N    N       0     Y
4000171839      9/1/2006           6              6    C/O Refi    N    Y      60     N
33018839        9/1/2006           6              6    R/T Refi    N    N       0     N
34649939        8/1/2006           6              6    C/O Refi    N    N       0     N
4000164890      8/1/2006           6              6    R/T Refi    N    Y      60     N
35222470        9/1/2009           6              6    Purchase    N    Y      60     N
34755934      00/00/0000           0              0    C/O Refi    N    N       0     N
4000178630      9/1/2007           6              6    Purchase    N    Y      60     N
35105964        9/1/2007           6              6    Purchase    N    Y      60     N
4000169212      9/1/2007           6              6    C/O Refi    N    Y      60     Y
34833566        9/1/2006           6              6    Purchase    N    Y      60     N
34888206        9/1/2006           6              6    C/O Refi    N    Y      60     N
34004580      00/00/0000           0              0    C/O Refi    N    N       0     N
35188812        9/1/2006           6              6    Purchase    N    Y      60     N
35152073      00/00/0000           0              0    Purchase    N    N       0     N
4000169531      9/1/2009           6              6    C/O Refi    N    Y      60     N
34710806        9/1/2006           6              6    Purchase    N    Y      60     N
4000157325      9/1/2007           6              6    C/O Refi    N    N       0     Y
34966895        9/1/2006           6              6    Purchase    N    N       0     Y
35366590        9/1/2006           6              6    Purchase    N    Y      60     N
4000178899    00/00/0000           0              0    Purchase    N    N       0     Y
34921528      00/00/0000           0              0    Purchase    N    Y      60     N
4000163906      9/1/2006           6              6    Purchase    N    N       0     N
4000164747      3/1/2005           6              6    Purchase    N    N       0     N
35207265        9/1/2007           6              6    Purchase    N    Y      60     N
34935023        8/1/2009           6              6    Purchase    N    N       0     N
4000165106      9/1/2009           6              6    C/O Refi    N    Y      60     N
33017641        9/1/2006           6              6    Purchase    N    Y      60     N
4000168037      9/1/2007           6              6    Purchase    N    Y      60     N
35145598      00/00/0000           0              0    C/O Refi    N    N       0     N
34860205        9/1/2006           6              6    C/O Refi    N    Y      60     N
34990648      00/00/0000           0              0    C/O Refi    N    N       0     N
35146232        9/1/2007           6              6    C/O Refi    N    Y      60     N
4000165435      9/1/2007           6              6    C/O Refi    N    Y      60     Y
4000166866      9/1/2006           6              6    C/O Refi    N    Y      60     N
35148790        9/1/2006           6              6    C/O Refi    N    N       0     N
35148915      00/00/0000           0              0    Purchase    N    N       0     N
35032341        9/1/2006           6              6    Purchase    N    Y      60     N
34377747        9/1/2007           6              6    C/O Refi    N    N       0     Y
34953497        9/1/2006           6              6    Purchase    N    N       0     N
35131846        9/1/2006           6              6    Purchase    N    N       0     Y
35160407        9/1/2006           6              6    Purchase    N    Y      60     N
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
                                                          PROPERTY                    ORIGINAL ORIGINATION  FIRST PAY   MATURITY
  LOANID              CITY                 ZIP    STATE     TYPE       OCCUPANCY        TERM      DATE        DATE        DATE
--------------------------------------------------------------------------------------------------------------------------------
<S>           <C>                         <C>       <C>   <C>        <C>                <C>     <C>         <C>         <C>
35365311      GILBERT                     85233     AZ       PUD     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34561498      FORT WORTH                  76134     TX       SFR     Owner Occupied     360     7/21/2004    9/1/2004   8/1/2034
4000159117    FLAT ROCK                   48134     MI       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
33017989      GREENFIELD                  46140     IN       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
34759399      RICHMOND                    23235     VA       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35187384      BAKERSFIELD                 93314     CA       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
33635541      ANN ARBOR                   48105     MI      Condo    Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
34758144      BOWIE                       20720     MD       PUD     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
4000155558    GREENACRES                  33463     FL       PUD     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
4000168754    MARYSVILLE                  95901     CA       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
35148873      DOUGLASVILLE                30134     GA       SFR     Owner Occupied     360      8/5/2004    9/1/2004   8/1/2034
34756270      OWINGS MILL                 21117     MD       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
34080887      LAS VEGAS                   89143     NV       PUD     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
34739342      CLEARFIELD                  84015     UT       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
34527630      COUNCIL BLUFFS              51501     IA       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
35131945      CHICAGO                     60620     IL       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34999177      ROCHESTER                   55901     MN       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
4000167152    ASHTABULA                   44004     OH       SFR     Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
34381772      CAMDEN                       8104     NJ       SFR        Investor        360     8/18/2004   10/1/2004   9/1/2034
35283472      CAMDEN                       8104     NJ       SFR        Investor        360     8/11/2004   10/1/2004   9/1/2034
35229723      JACKSONVILLE                32209     FL       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000165857    CHIPPEWA LAKE               44215     OH       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
34645010      WEST ALLIS                  53214     WI    Units 2-4  Owner Occupied     360     7/16/2004    9/1/2004   8/1/2034
35229384      HOLLYWOOD                   33023     FL       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
33733643      PERRIS                      92571     CA       PUD     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
4000170155    FAIRVIEW PARK               44126     OH       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34527820      WENTZVILLE                  63385     MO       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
34973149      MADISON                     47250     IN       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
4000171378    SANTA MARIA                 93458     CA       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
4000164993    STOCKTON                    95210     CA       SFR     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
35206846      CHULA VISTA                 91913     CA      Condo    Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
4000165273    ANTELOPE                    95843     CA       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
35081611      FAYETTEVILLE                28301     NC       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35130202      CHICAGO                     60707     IL       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34971150      CINCINNATI                  45242     OH       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
35182476      DOWNEY                      90240     CA       SFR     Owner Occupied     360     7/26/2004    9/1/2004   8/1/2034
34867986      ARDSLEY                     10502     NY       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
35224237      ORLANDO                     32822     FL      Condo    Owner Occupied     360      8/5/2004    9/1/2004   8/1/2034
34714899      PERRIS                      92570     CA       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
33561580      WINCHESTER                  92596     CA       PUD     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34846683      CICERO                      60804     IL       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
34868935      MOUNT VERNON                10552     NY    Units 2-4  Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
4000171211    STOCKTON                    95206     CA       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
35147883      KENNESAW                    30144     GA       PUD     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
34716860      BANNING                     92220     CA       SFR     Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
35024603      DOWNEY                      90240     CA       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
34354944      SANTEE                      92071     CA       PUD     Owner Occupied     360     7/23/2004    9/1/2004   8/1/2034
34716993      ADELANTO                    92301     CA       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
34960278      RANCHO CUCAMONGA            91730     CA       SFR     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
34297663      TURLOCK                     95380     CA       SFR     Owner Occupied     360      7/5/2004    9/1/2004   8/1/2034
34481259      POMONA                      91766     CA       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
34994624      CROSBY                      56441     MN       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
4000166429    BOTHELL                     98012     WA       SFR     Owner Occupied     360     7/26/2004    9/1/2004   8/1/2034
35024025      LONG BEACH                  90815     CA      Condo    Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
4000164607    SEATTLE                     98178     WA       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35188788      GARDENA                     90247     CA      Condo    Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
34904763      CALHOUN                     30701     GA       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
35231638      CLEARWATER                  33763     FL       SFR       Second Home      360     8/28/2004   10/1/2004   9/1/2034
4000169630    TAMARAC                     33321     FL       PUD     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34680249      NORTH LAS VEGAS             89031     NV       SFR     Owner Occupied     360     7/20/2004    9/1/2004   8/1/2034
4000148944    BAKERSFIELD                 93314     CA       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34403691      TALENT                      97540     OR       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
4000155638    OAK PARK                    48237     MI       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
4000104778    WAYNE                       48184     MI       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
35342518      BALTIMORE                   21230     MD    Condo >4      Investor        360     8/31/2004   10/1/2004   9/1/2034
34756742      BALTIMORE                   21230     MD    Condo >4      Investor        360      8/3/2004    9/1/2004   8/1/2034
34017665      HOUSTON                     77064     TX       PUD     Owner Occupied     180     8/18/2004   10/1/2004   9/1/2019
34659763      MILWAUKEE                   53208     WI       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34994186      ROSEMOUNT                   55068     MN       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
4000155998    HENDERSON                   89015     NV       PUD     Owner Occupied     360     7/27/2004    9/1/2004   8/1/2034
34869164      LIVERPOOL                   13090     NY       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35186527      RIVERSIDE                   92506     CA       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35248459      HOUSTON                     77041     TX       PUD     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
35243682      HOUSTON                     77086     TX       PUD     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34857094      SHEBOYGAN                   53081     WI       SFR     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
34972315      BRAZIL                      47834     IN       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
35187350      CORONA                      92883     CA       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
34861088      RIVERDALE                   60827     IL       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
4000176501    LANSING                     48911     MI       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34760983      GAITHERSBURG                20877     MD       PUD     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
34607556      BROADLANDS                  61816     IL       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
4000174883    SAN JOSE                    95121     CA       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34952069      HUNTINGTON BEACH            92649     CA       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
35030634      PALMDALE                    93551     CA       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
34761205      CAPITOL HEIGHTS             20743     MD       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35002153      FORT COLLINS                80525     CO       PUD     Owner Occupied     360     7/26/2004    9/1/2004   8/1/2034
4000167032    BOTHELL                     98021     WA      Condo    Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
4000165178    WOODLAND HILLS AREA         91367     CA       SFR     Owner Occupied     360     7/23/2004    9/1/2004   8/1/2034
34937623      PORTLAND                    97219     OR       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
34971986      CABLE                       43009     OH       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
33593799      BAYTOWN                     77521     TX       PUD     Owner Occupied     180     8/16/2004   10/1/2004   9/1/2019
34528760      PECULIAR                    64078     MO       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000173222    MILPITAS                    95035     CA       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
4000166972    MEDFORD                      2155     MA       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
34076802      LAS VEGAS                   89134     NV       PUD     Owner Occupied     360     7/26/2004    9/1/2004   8/1/2034
4000152737    STATEN ISLAND               10303     NY       SFR     Owner Occupied     360      8/2/2004    9/1/2004   8/1/2034
4000165903    INGLEWOOD                   90303     CA       SFR     Owner Occupied     360     7/26/2004    9/1/2004   8/1/2034
34971192      MIAMISBURG                  45342     OH       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34655563      MILWAUKEE                   53216     WI       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
4000175986    FRESNO                      93720     CA       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35111178      AUSTIN                      78750     TX       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
34972927      KOKOMO                      46902     IN       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35188853      HUNTINGTON BEACH            92648     CA       PUD     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
34919894      JEFFERSON                   30549     GA       PUD     Owner Occupied     360      8/5/2004    9/1/2004   8/1/2034
4000165062    KING CITY                   93930     CA       PUD     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034

<CAPTION>
                                                                                      ORIGINAL
                                                                                      COMBAINED
              REMAINING     ORIGINAL   SCHEDULED                       PAID THRU       LOAN TO      OTS
  LOANID        TERM        BALANCE     BALANCE      RATE      P&I        DATE          VALUE   DELINQUENCY INDEX       MARGIN
------------------------------------------------------------------------------------------------------------------------------
<S>              <C>      <C>         <C>           <C>     <C>        <C>              <C>        <C>       <C>        <C>
35365311         359      200,000.00  200,000.00        6   1,000.00   10/1/2004           80      0-29      6ML         4.75
34561498         358       83,200.00   82,972.36    7.375     574.65    9/1/2004           80      0-29      6ML          5.5
4000159117       359      114,200.00  114,200.00      8.5     808.92   10/1/2004           80      0-29      6ML         6.25
33017989         359      178,500.00  178,500.00    7.375   1,097.03   10/1/2004           85      0-29      6ML         5.75
34759399         359      121,950.00  121,861.73    7.625     863.16   10/1/2004           90      0-29      6ML         5.75
35187384         359      220,000.00  219,832.59    7.375   1,519.49   10/1/2004        81.48      0-29      FIX            0
33635541         359      326,400.00  326,125.78    6.875   2,144.22   10/1/2004           80      0-29      6ML        5.375
34758144         359      263,500.00  263,294.44     7.25   1,797.54   10/1/2004        89.93      0-29      6ML         5.75
4000155558       359      140,600.00  140,466.59     6.25      865.7   10/1/2004           95      0-29      FIX            0
4000168754       359      169,000.00  168,847.23      6.5   1,068.19   10/1/2004        91.85      0-29      6ML            5
35148873         358      109,600.00  109,600.00     7.25     662.17    9/1/2004           80      0-29      6ML         5.25
34756270         359      234,000.00  234,000.00    7.875   1,535.63   10/1/2004           90      0-29      6ML        5.875
34080887         359      215,200.00  215,200.00     6.25   1,120.83   10/1/2004           80      0-29      6ML        4.375
34739342         359       93,500.00   93,500.00    5.875     457.76   10/1/2004        79.98      0-29      6ML         3.75
34527630         359      114,950.00  114,855.54        7     764.77   10/1/2004           95      0-29      6ML         5.75
35131945         359       65,000.00   64,955.26    7.875      471.3   10/1/2004        51.18      0-29      6ML        4.875
34999177         359      213,000.00  213,000.00      8.5   1,508.75   10/1/2004          100      0-29      6ML         6.75
4000167152       358       76,500.00   76,500.00     6.25     398.44    9/1/2004           85      0-29      6ML         4.75
34381772         359       42,400.00   42,369.31    7.625     300.11   10/1/2004           80      0-29      6ML        3.625
35283472         359       44,800.00   44,767.57    7.625      317.1   10/1/2004           80      0-29      6ML        3.625
35229723         359       59,000.00   58,966.05     8.75     464.16   10/1/2004        78.67      0-29      FIX            0
4000165857       359      138,400.00  138,400.00      7.5        865   10/1/2004           80      0-29      6ML        5.875
34645010         358      135,900.00  135,665.32     6.75     881.45   10/1/2004        79.99      0-29      6ML        4.875
35229384         359      130,000.00  130,000.00     7.25     785.42   10/1/2004        74.29      0-29      6ML         4.75
33733643         359      228,800.00  228,800.00      6.5   1,239.33   10/1/2004        79.97      0-29      6ML         4.75
4000170155       359      116,550.00  116,459.08     7.25     795.08   10/1/2004        93.99      0-29      6ML         5.75
34527820         359      323,000.00  322,721.90     6.75   2,094.98   10/1/2004           85      0-29      6ML        4.625
34973149         359       50,000.00   49,974.08     9.25     411.34   10/1/2004          100      0-29      6ML        7.125
4000171378       359      241,500.00  241,500.00    5.875   1,182.34   10/1/2004        79.99      0-29      6ML        3.875
4000164993       359      267,000.00  267,000.00     7.75   1,724.37   10/1/2004           89      0-29      6ML         5.75
35206846         359      303,150.00  303,150.00    7.625   1,926.27   10/1/2004           95      0-29      6ML        5.625
4000165273       359      231,000.00  230,801.12     6.75   1,498.26   10/1/2004           77      0-29      6ML        4.875
35081611         359      149,150.00  149,057.29    8.375   1,133.65   10/1/2004           95      0-29      6ML            7
35130202         359      290,000.00  289,805.02     7.99   2,125.90   10/1/2004          100      0-29      6ML            6
34971150         359      184,300.00  184,176.08     7.99   1,351.05   10/1/2004           95      0-29      FIX            0
35182476         358      560,000.00  558,934.53     6.25   3,448.02    9/1/2004           80      0-29      6ML            4
34867986         359      432,000.00  432,000.00    5.375   1,935.00   10/1/2004           80      0-29      6ML        3.375
35224237         358       52,000.00   51,918.61     7.25     354.74    9/1/2004           80      0-29      6ML        5.125
34714899         359      175,500.00  175,500.00        6      877.5   10/1/2004           90      0-29      6ML        4.875
33561580         359      356,300.00  356,300.00     6.75   2,004.19   10/1/2004           90      0-29      6ML        5.125
34846683         359      163,800.00  163,665.73        7   1,089.77   10/1/2004           90      0-29      6ML        5.625
34868935         359      574,750.00  574,230.41      6.5   3,632.82   10/1/2004           95      0-29      6ML         5.25
4000171211       359      200,000.00  200,000.00        6   1,000.00   10/1/2004           80      0-29      6ML         4.25
35147883         359      164,350.00  164,350.00    7.875   1,078.55   10/1/2004           95      0-29      6ML        5.875
34716860         358      144,000.00  144,000.00        6        720   10/1/2004           80      0-29      6ML        3.875
35024603         359      600,000.00  600,000.00    6.375   3,187.50   10/1/2004           80      0-29      6ML          3.5
34354944         358      257,600.00  257,600.00      6.5   1,395.33    9/1/2004           80      0-29      6ML         4.75
34716993         359      119,200.00  119,107.01     7.25     813.16   10/1/2004           80      0-29      6ML        5.125
34960278         358      214,400.00  213,992.08     6.25   1,320.10    9/1/2004           80      0-29      FIX            0
34297663         358      204,250.00  203,914.16        7   1,358.89    9/1/2004           95      0-29      6ML          5.5
34481259         359      279,000.00  278,822.09     8.25   2,096.04   10/1/2004          100      0-29      6ML        5.375
34994624         359      112,950.00  112,877.97     8.25     848.56   10/1/2004        99.96      0-29      6ML         6.25
4000166429       358      158,000.00  158,000.00    5.375     707.71    9/1/2004           80      0-29      6ML          3.5
35024025         359      240,000.00  239,725.00    6.625   1,536.75   10/1/2004           75      0-29      6ML          4.5
4000164607       359      189,200.00  189,059.59      7.5   1,322.91   10/1/2004           80      0-29      6ML        5.375
35188788         359      215,000.00  215,000.00     6.99   1,252.38   10/1/2004        84.31      0-29      6ML        5.375
34904763         359       68,000.00   67,941.45     6.75     441.05   10/1/2004           80      0-29      6ML        4.875
35231638         359      152,000.00  151,881.42     7.25   1,036.91   10/1/2004           95      0-29      6ML          5.5
4000169630       359      112,000.00  111,914.77    7.375     773.56   10/1/2004           80      0-29      FIX            0
34680249         358      144,000.00  144,000.00     6.99      838.8    9/1/2004        79.34      0-29      6ML        4.875
4000148944       359      425,600.00  425,600.00    5.375   1,906.33   10/1/2004           80      0-29      6ML        3.625
34403691         359      135,900.00  135,900.00     6.75     764.44   10/1/2004           90      0-29      6ML        5.125
4000155638       359       73,800.00   73,762.73    9.375     613.83   10/1/2004           90      0-29      6ML        7.375
4000104778       359       92,800.00   92,800.00     5.25        406   10/1/2004           80      0-29      6ML        3.875
35342518         359      261,950.00  261,950.00    7.375   1,609.90   10/1/2004        84.99      0-29      6ML         4.75
34756742         358      364,600.00  364,600.00    7.625   2,316.73    9/1/2004           90      0-29      6ML            5
34017665         179       60,000.00   59,832.29    8.375     586.46   10/1/2004        61.22      0-29      FIX            0
34659763         359       81,900.00   81,852.88     8.75     644.31   10/1/2004           90      0-29      6ML         6.75
34994186         359      202,900.00  202,900.00    7.625   1,289.26   10/1/2004           90      0-29      6ML        6.125
4000155998       358      260,000.00  260,000.00     5.75   1,245.83   10/1/2004           80      0-29      6ML         3.75
34869164         359      108,000.00  107,935.25    8.625     840.02   10/1/2004           80      0-29      6ML          6.5
35186527         359      236,000.00  236,000.00    6.875   1,352.08   10/1/2004           80      0-29      6ML         4.75
35248459         359      550,000.00  549,478.13     6.25   3,386.45   10/1/2004        93.22      0-29      6ML            5
35243682         359      137,700.00  137,597.81      7.5     962.82   10/1/2004           90      0-29      6ML         5.75
34857094         358       50,000.00   49,932.66        8     366.89    9/1/2004        41.67      0-29      6ML        5.625
34972315         359       47,200.00   47,163.18     7.25     321.99   10/1/2004           80      0-29      6ML        5.375
35187350         359      319,500.00  319,500.00    6.375   1,697.34   10/1/2004           90      0-29      6ML         4.75
34861088         359      100,800.00  100,728.85     7.75     722.15   10/1/2004           90      0-29      6ML            6
4000176501       359      141,000.00  141,000.00      8.5     998.75   10/1/2004          100      0-29      6ML        6.125
34760983         359      232,000.00  232,000.00     6.75   1,305.00   10/1/2004           80      0-29      6ML        4.375
34607556         359      116,800.00  116,713.31      7.5     816.69   10/1/2004           80      0-29      FIX            0
4000174883       359      454,000.00  454,000.00    5.625   2,128.13   10/1/2004           80      0-29      6ML        3.625
34952069         359      875,000.00  874,281.35     6.99   5,815.53   10/1/2004        77.92      0-29      6ML        4.875
35030634         359      264,000.00  264,000.00    5.875   1,292.50   11/1/2004           80      0-29      6ML          3.5
34761205         359      111,900.00  111,900.00        7     652.75   10/1/2004        79.99      0-29      6ML        5.125
35002153         358      158,400.00  158,400.00     5.75        759    9/1/2004           80      0-29      6ML        3.875
4000167032       358      126,400.00  126,187.01    6.875     830.36    9/1/2004           80      0-29      6ML        4.625
4000165178       358      480,000.00  480,000.00    6.375   2,550.00    9/1/2004        57.83      0-29      6ML         4.25
34937623         359      228,000.00  228,000.00    6.625   1,258.75   10/1/2004           80      0-29      6ML            4
34971986         359      128,700.00  128,602.07    7.375      888.9   10/1/2004           90      0-29      6ML        5.875
33593799         179       60,000.00   59,775.00      7.5     556.21   10/1/2004        35.29      0-29      FIX            0
34528760         359      161,000.00  160,894.67    8.125   1,195.43   10/1/2004          100      0-29      6ML          5.5
4000173222       359      560,000.00  560,000.00    5.999   2,799.53   10/1/2004           80      0-29      6ML        4.125
4000166972       359      380,000.00  380,000.00    6.625   2,097.92   10/1/2004           80      0-29      6ML        4.375
34076802         358      252,000.00  251,677.50     8.25   1,893.20    9/1/2004           80      0-29      FIX            0
4000152737       358      370,500.00  370,500.00    7.125   2,199.84    9/1/2004           95      0-29      6ML         5.75
4000165903       358      293,600.00  293,599.96    6.375   1,559.75    9/1/2004           80      0-29      6ML        4.625
34971192         359       37,500.00   37,482.50     9.75     322.19   10/1/2004          100      0-29      FIX            0
34655563         359       74,800.00   74,738.68        7     497.65   10/1/2004           85      0-29      6ML         5.25
4000175986       359      202,500.00  202,333.98    6.999   1,347.10   10/1/2004         79.1      0-29      6ML         4.75
35111178         359       70,000.00   69,950.59     7.75     501.49   10/1/2004        51.85      0-29      6ML         5.25
34972927         359      130,500.00  130,418.88    8.375      991.9   10/1/2004           90      0-29      6ML         6.75
35188853         359      406,400.00  406,400.00      5.5   1,862.67   10/1/2004           80      0-29      6ML        3.625
34919894         358      113,520.00  113,342.34     7.25     774.41   10/1/2004           80      0-29      6ML          5.5
4000165062       359      340,000.00  340,000.00    6.125   1,735.42   10/1/2004           80      0-29      6ML        3.875

<CAPTION>
             INITIAL  PERIODIC                           PREPAYMENT
  LOANID       CAP      CAP       FLOOR    CEILING          TERM                                PREPAYMENT PENALTY
--------------------------------------------------------------------------------------------------------------------------
<S>             <C>      <C>      <C>       <C>              <C>                        <C>
35365311        3        1            6         12           36                              6 mo.s interest less 20% obal
34561498        3        1        7.375     13.375            0                                                       None
4000159117      3        1          8.5       14.5           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
33017989        3        1        7.375     13.375           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34759399        3        1        7.625     13.625           24                              6 mo.s interest less 20% obal
35187384        0        0            0          0           36                              6 mo.s interest less 20% obal
33635541        3        1        6.875     12.875           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34758144        3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
4000155558      0        0            0          0           36                              6 mo.s interest less 20% obal
4000168754      3        1          6.5       12.5           36                              6 mo.s interest less 20% obal
35148873        3        1         7.25      13.25            0                                                       None
34756270        3        1        7.875     13.875           24                              6 mo.s interest less 20% obal
34080887        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
34739342        3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
34527630        3        1            7         13           24                              6 mo.s interest less 20% obal
35131945        3        1        7.875     13.875            0                                                       None
34999177        3        1          8.5       14.5           36                         min (2% prepaid, 60 days interest)
4000167152      1        1         6.25      12.25           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34381772        3        1        7.625     13.625            0                                                       None
35283472        3        1        7.625     13.625            0                                                       None
35229723        0        0            0          0           36                              6 mo.s interest less 20% obal
4000165857      3        1          7.5       13.5           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34645010        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
35229384        3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
33733643        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
4000170155      3        1         7.25      13.25           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34527820        3        1         6.75      12.75           12                                                 2% prepaid
34973149        3        1         9.25      15.25           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000171378      3        1        5.875     11.875           36                              6 mo.s interest less 20% obal
4000164993      3        1         7.75      13.75           24                              6 mo.s interest less 20% obal
35206846        3        1        7.625     13.625           24                              6 mo.s interest less 20% obal
4000165273      3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
35081611        3        1        8.375     14.375            0                                                       None
35130202        3        1         7.99      13.99           12                              3%/2%/1%-1st yr/2nd yr/3rd yr
34971150        0        0            0          0           24                                                 1% prepaid
35182476        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
34867986        3        1        5.375     11.375            0                                                       None
35224237        3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
34714899        3        1            6         12           24                              6 mo.s interest less 20% obal
33561580        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
34846683        3        1            7         13           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34868935        3        1          6.5       12.5            0                                                       None
4000171211      3        1            6         12           24                              6 mo.s interest less 20% obal
35147883        3        1        7.875     13.875            0                                                       None
34716860        3        1            6         12           24                              6 mo.s interest less 20% obal
35024603        3        1        6.375     12.375            0                                                       None
34354944        3        1          6.5       12.5           36                              6 mo.s interest less 20% obal
34716993        3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
34960278        0        0            0          0           36                              6 mo.s interest less 20% obal
34297663        3        1            7         13           36                              6 mo.s interest less 20% obal
34481259        3        1         8.25      14.25           24                              6 mo.s interest less 20% obal
34994624        3        1         8.25      14.25           24                         min (2% prepaid, 60 days interest)
4000166429      3        1        5.375     11.375           36                              6 mo.s interest less 20% obal
35024025        3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
4000164607      3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
35188788        3        1         6.99      12.99           24                              6 mo.s interest less 20% obal
34904763        3        1         6.75      12.75            0                                                       None
35231638        3        1         7.25      13.25           12                              6 mo.s interest less 20% obal
4000169630      0        0            0          0           36                              6 mo.s interest less 20% obal
34680249        3        1         6.99      12.99           24                              6 mo.s interest less 20% obal
4000148944      3        1        5.375     11.375           36                              6 mo.s interest less 20% obal
34403691        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
4000155638      3        1        9.375     15.375           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000104778      3        1         5.25      11.25           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35342518        3        1        7.375     13.375           36                              6 mo.s interest less 20% obal
34756742        3        1        7.625     13.625           36                              6 mo.s interest less 20% obal
34017665        0        0            0          0            0                                                       None
34659763        3        1         8.75      14.75           24                              6 mo.s interest less 20% obal
34994186        3        1        7.625     13.625           24                         min (2% prepaid, 60 days interest)
4000155998      3        1         5.75      11.75           24                              6 mo.s interest less 20% obal
34869164        3        1        8.625     14.625            0                                                       None
35186527        3        1        6.875     12.875           12                              6 mo.s interest less 20% obal
35248459        3        1         6.25      12.25           36                              6 mo.s interest less 20% obal
35243682        3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
34857094        3        1            8         14           24                              6 mo.s interest less 20% obal
34972315        3        1         7.25      13.25           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35187350        3        1        6.375     12.375           36                              6 mo.s interest less 20% obal
34861088        3        1         7.75      13.75           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000176501      3        1          8.5       14.5           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34760983        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
34607556        0        0            0          0            0                                                       None
4000174883      3        1        5.625     11.625           24                              6 mo.s interest less 20% obal
34952069        3        1         6.99      12.99           24                              6 mo.s interest less 20% obal
35030634        3        1        5.875     11.875           36                              6 mo.s interest less 20% obal
34761205        3        1            7         13           24                              6 mo.s interest less 20% obal
35002153        3        1         5.75      11.75           24                              6 mo.s interest less 20% obal
4000167032      3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
4000165178      3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
34937623        3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
34971986        3        1        7.375     13.375           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
33593799        0        0            0          0            0                                                       None
34528760        3        1        8.125     14.125           24                                                 2% prepaid
4000173222      3        1        5.999     11.999           24                              6 mo.s interest less 20% obal
4000166972      3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
34076802        0        0            0          0           36                              6 mo.s interest less 20% obal
4000152737      3        1        7.125     13.125            0                                                       None
4000165903      3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
34971192        0        0            0          0           36                                                 1% prepaid
34655563        3        1            7         13           24                              6 mo.s interest less 20% obal
4000175986      3        1        6.999     12.999           12                              6 mo.s interest less 20% obal
35111178        3        1         7.75      13.75            0                                                       None
34972927        3        1        8.375     14.375           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35188853        3        1          5.5       11.5           24                              6 mo.s interest less 20% obal
34919894        3        1         7.25      13.25            0                                                       None
4000165062      3        1        6.125     12.125           24                              6 mo.s interest less 20% obal

<CAPTION>
                                              PAYMENT
              FIRST RATE      RATE RESET       RESET                                  MI
  LOANID      RESET DATE       FREQUENCY     FREQUENCY  PURPOSE   DIV  IO    IOTERM  FLAG
-----------------------------------------------------------------------------------------
<S>           <C>                  <C>            <C>  <C>         <C>  <C>    <C>    <C>
35365311        9/1/2006           6              6    Purchase    N    Y      60     N
34561498        8/1/2006           6              6    C/O Refi    N    N       0     N
4000159117      9/1/2006           6              6    Purchase    N    Y      60     N
33017989        9/1/2006           6              6    R/T Refi    N    Y      60     N
34759399        9/1/2006           6              6    C/O Refi    N    N       0     N
35187384      00/00/0000           0              0    C/O Refi    N    N       0     Y
33635541        9/1/2006           6              6    C/O Refi    N    N       0     N
34758144        9/1/2006           6              6    C/O Refi    N    N       0     N
4000155558    00/00/0000           0              0    Purchase    N    N       0     Y
4000168754      9/1/2007           6              6    R/T Refi    N    N       0     Y
35148873        8/1/2007           6              6    Purchase    N    Y      60     N
34756270        9/1/2006           6              6    C/O Refi    N    Y      60     N
34080887        9/1/2006           6              6    Purchase    N    Y      60     N
34739342        9/1/2006           6              6    Purchase    N    Y      60     N
34527630        9/1/2006           6              6    C/O Refi    N    N       0     Y
35131945        9/1/2006           6              6    C/O Refi    N    N       0     N
34999177        9/1/2006           6              6    Purchase    N    Y      60     N
4000167152      2/1/2005           6              6    C/O Refi    N    Y      60     Y
34381772        9/1/2006           6              6    Purchase    N    N       0     N
35283472        9/1/2006           6              6    Purchase    N    N       0     N
35229723      00/00/0000           0              0    C/O Refi    N    N       0     N
4000165857      9/1/2006           6              6    Purchase    N    Y      60     N
34645010        8/1/2006           6              6    Purchase    N    N       0     N
35229384        9/1/2006           6              6    C/O Refi    N    Y      60     N
33733643        9/1/2006           6              6    Purchase    N    Y      60     N
4000170155      9/1/2006           6              6    Purchase    N    N       0     Y
34527820        9/1/2006           6              6    R/T Refi    N    N       0     N
34973149        9/1/2006           6              6    Purchase    N    N       0     N
4000171378      9/1/2007           6              6    Purchase    N    Y      60     N
4000164993      9/1/2006           6              6    C/O Refi    N    Y      60     N
35206846        9/1/2006           6              6    Purchase    N    Y      60     N
4000165273      9/1/2006           6              6    C/O Refi    N    N       0     N
35081611        9/1/2006           6              6    Purchase    N    N       0     Y
35130202        9/1/2006           6              6    C/O Refi    N    N       0     Y
34971150      00/00/0000           0              0    Purchase    N    N       0     Y
35182476        8/1/2006           6              6    C/O Refi    N    N       0     N
34867986        9/1/2006           6              6    Purchase    N    Y      60     N
35224237        8/1/2006           6              6    Purchase    N    N       0     N
34714899        9/1/2006           6              6    Purchase    N    Y      60     Y
33561580        9/1/2006           6              6    Purchase    N    Y      60     N
34846683        9/1/2006           6              6    R/T Refi    N    N       0     Y
34868935        9/1/2006           6              6    Purchase    N    N       0     Y
4000171211      9/1/2006           6              6    Purchase    N    Y      60     N
35147883        9/1/2007           6              6    C/O Refi    N    Y      60     N
34716860        8/1/2006           6              6    Purchase    N    Y      60     N
35024603        9/1/2006           6              6    Purchase    N    Y      60     N
34354944        8/1/2007           6              6    Purchase    N    Y      60     N
34716993        9/1/2006           6              6    C/O Refi    N    N       0     N
34960278      00/00/0000           0              0    Purchase    N    N       0     N
34297663        8/1/2007           6              6    C/O Refi    N    N       0     Y
34481259        9/1/2006           6              6    Purchase    N    N       0     N
34994624        9/1/2006           6              6    Purchase    N    N       0     N
4000166429      8/1/2007           6              6    Purchase    N    Y      60     N
35024025        9/1/2006           6              6    C/O Refi    N    N       0     N
4000164607      9/1/2006           6              6    Purchase    N    N       0     N
35188788        9/1/2006           6              6    C/O Refi    N    Y      60     N
34904763        9/1/2006           6              6    Purchase    N    N       0     N
35231638        9/1/2006           6              6    Purchase    N    N       0     Y
4000169630    00/00/0000           0              0    Purchase    N    N       0     N
34680249        8/1/2006           6              6    C/O Refi    N    Y      60     N
4000148944      9/1/2009           6              6    Purchase    N    Y      60     N
34403691        9/1/2006           6              6    Purchase    N    Y      60     N
4000155638      9/1/2006           6              6    C/O Refi    N    N       0     Y
4000104778      9/1/2006           6              6    Purchase    N    Y      60     N
35342518        9/1/2007           6              6    Purchase    N    Y      60     Y
34756742        8/1/2007           6              6    Purchase    N    Y      60     Y
34017665      00/00/0000           0              0    C/O Refi    N    N       0     N
34659763        9/1/2006           6              6    C/O Refi    N    N       0     Y
34994186        9/1/2006           6              6    Purchase    N    Y      60     N
4000155998      8/1/2009           6              6    Purchase    N    Y      60     N
34869164        9/1/2006           6              6    Purchase    N    N       0     N
35186527        9/1/2006           6              6    Purchase    N    Y      60     N
35248459        9/1/2007           6              6    Purchase    N    N       0     Y
35243682        9/1/2006           6              6    R/T Refi    N    N       0     N
34857094        8/1/2006           6              6    C/O Refi    N    N       0     N
34972315        9/1/2006           6              6    Purchase    N    N       0     N
35187350        9/1/2007           6              6    C/O Refi    N    Y      60     Y
34861088        9/1/2007           6              6    C/O Refi    N    N       0     Y
4000176501      9/1/2006           6              6    C/O Refi    N    Y      60     N
34760983        9/1/2009           6              6    Purchase    N    Y      60     N
34607556      00/00/0000           0              0    C/O Refi    N    N       0     N
4000174883      9/1/2006           6              6    Purchase    N    Y      60     N
34952069        9/1/2006           6              6    Purchase    N    N       0     N
35030634        9/1/2009           6              6    Purchase    N    Y      60     N
34761205        9/1/2006           6              6    Purchase    N    Y      60     N
35002153        8/1/2006           6              6    C/O Refi    N    Y      60     N
4000167032      8/1/2006           6              6    C/O Refi    N    N       0     N
4000165178      8/1/2006           6              6    C/O Refi    N    Y      60     N
34937623        9/1/2009           6              6    C/O Refi    N    Y      60     N
34971986        9/1/2006           6              6    Purchase    N    N       0     Y
33593799      00/00/0000           0              0    C/O Refi    N    N       0     N
34528760        9/1/2006           6              6    Purchase    N    N       0     N
4000173222      9/1/2006           6              6    Purchase    N    Y      60     N
4000166972      9/1/2006           6              6    C/O Refi    N    Y      60     N
34076802      00/00/0000           0              0    C/O Refi    N    N       0     N
4000152737      8/1/2007           6              6    Purchase    N    Y      60     N
4000165903      8/1/2006           6              6    Purchase    N    Y      60     N
34971192      00/00/0000           0              0    Purchase    N    N       0     N
34655563        9/1/2006           6              6    C/O Refi    N    N       0     Y
4000175986      9/1/2006           6              6    R/T Refi    N    N       0     N
35111178        9/1/2006           6              6    C/O Refi    N    N       0     N
34972927        9/1/2006           6              6    C/O Refi    N    N       0     Y
35188853        9/1/2006           6              6    Purchase    N    Y      60     N
34919894        8/1/2007           6              6    Purchase    N    N       0     N
4000165062      9/1/2009           6              6    Purchase    N    Y      60     N
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
                                                          PROPERTY                    ORIGINAL ORIGINATION  FIRST PAY   MATURITY
  LOANID              CITY                 ZIP    STATE     TYPE       OCCUPANCY        TERM      DATE        DATE        DATE
--------------------------------------------------------------------------------------------------------------------------------
<S>           <C>                         <C>       <C>   <C>        <C>                <C>     <C>         <C>         <C>
34758177      NORFOLK                     23509     VA       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35382142      PHOENIX                     85027     AZ       PUD     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000179117    SUGAR LAND                  77478     TX       PUD     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
4000171190    MIAMI                       33172     FL      Condo    Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
4000173297    PLACERVILLE                 95667     CA       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34853879      CHICAGO                     60609     IL       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
34920686      MEMPHIS                     38106     TN       SFR     Owner Occupied     360     7/26/2004    9/1/2004   8/1/2034
4000162982    BAKERSFIELD                 93308     CA       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
4000164744    REDMOND                     98052     WA       SFR     Owner Occupied     360     7/26/2004    9/1/2004   8/1/2034
34717934      RIALTO                      92377     CA       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
33016536      MARION                      46952     IN       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35151174      WOODSTOCK                   30189     GA       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
4000178515    FREEPORT                    11520     NY       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000179897    DETROIT                     48223     MI       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
4000152003    HOUSE SPRINGS               63051     MO       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
4000176613    HYDE PARK                    2136     MA    Units 2-4  Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35127083      HUNTINGTON                  46750     IN       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
35076868      COLUMBIA                    29229     SC       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35345149      BOWIE                       20721     MD       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000178318    ROYAL OAK                   48067     MI       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000175405    NORTH RIDGEVILLE            44039     OH       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
34960963      COLORADO SPRINGS            80917     CO       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
33019084      INDIANAPOLIS                46268     IN       PUD     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34339218      LOS ANGELES                 90042     CA       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
34860015      RUSSELL TOWNSHIP            44072     OH       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35114461      MIDLAND                     79705     TX       SFR     Owner Occupied     180     8/27/2004   10/1/2004   9/1/2019
35150572      DECATUR                     30035     GA       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34865139      FAIRPORT                    14450     NY       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
4000164043    BLOOMFIELD TWP              48302     MI       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
34865501      BRONX                       10469     NY    Units 2-4  Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34081638      LAS VEGAS                   89117     NV       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
34377325      PHILADELPHIA                19111     PA       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
35209063      BAKERSFIELD                 93304     CA       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
4000161639    EASTLAKE                    44095     OH       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
35126580      HAZEL CREST                 60429     IL       SFR        Investor        360     8/27/2004   10/1/2004   9/1/2034
34644120      ZION                        60099     IL       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
34973412      ERLANGER                    41018     KY       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
35190420      RANCHO PALOS VERDES         90275     CA       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
34149286      SALEM                       97302     OR      Condo    Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
34700880      MIAMI                       33183     FL       PUD     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
4000177264    SHELBY TOWNSHIP             48315     MI       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35126622      CHICAGO                     60639     IL    Units 2-4  Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35206051      CHULA VISTA                 91911     CA       PUD     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
34711903      BLYTHE                      92225     CA       SFR     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
35109032      CONVERSE                    78109     TX       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
4000168723    SALINAS                     93907     CA       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
4000167182    SOMERVILLE                   2143     MA       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
34080432      PAHRUMP                     89048     NV       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
34716787      RIALTO                      92377     CA       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
34860536      GARY                        46406     IN       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
35104280      SPRING                      77380     TX       PUD     Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
4000169929    FRESNO                      93725     CA       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
4000172516    HIALEAH                     33013     FL    Condo >4   Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
4000173963    MIAMI                       33175     FL       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35189653      MORENO VALLEY               92553     CA       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
34021501      HOUSTON                     77034     TX       PUD     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
34237503      GLENDALE                    85308     AZ       SFR     Owner Occupied     360     7/23/2004    9/1/2004   8/1/2034
34801431      SPRING VALLEY               91977     CA       SFR     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
35303270      NORTH LAS VEGAS             89031     NV       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
34078691      LAS VEGAS                   89102     NV       SFR     Owner Occupied     360     7/26/2004    9/1/2004   8/1/2034
35035393      PERRIS                      92570     CA       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
4000172492    ATWATER                     95301     CA       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34377085      CORONA                      11368     NY    Units 2-4  Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
4000156951    CANOGA PARK                 93104     CA       SFR     Owner Occupied     360     7/24/2004    9/1/2004   8/1/2034
4000164062    NEWMAN                      95360     CA       SFR     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
4000164084    BAKERSFIELD                 93304     CA    Units 2-4  Owner Occupied     360     7/26/2004    9/1/2004   8/1/2034
34975151      FRANKLIN                    45005     OH       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
34901124      FORT LAUDERDALE             33317     FL       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
4000155940    BROOKLYN                    11214     NY    Units 2-4  Owner Occupied     360     7/15/2004    9/1/2004   8/1/2034
35224351      WINTER PARK                 32792     FL       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
34801126      APPLE VALLEY                92308     CA       SFR       Second Home      360     7/28/2004    9/1/2004   8/1/2034
35073956      CHARLOTTE                   28277     NC       PUD     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
34658534      ROBERTSVILLE                63072     MO       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
4000174450    COLUMBUS                    43204     OH       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
34995225      LINO LAKES                  55014     MN       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34901504      DELAND                      32720     FL       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
4000167380    BOTHELL                     98012     WA      Condo    Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
34652594      MUSKEGON                    49442     MI       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
35105816      HEATH                       75032     TX       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35193036      ANAHEIM                     92804     CA      Condo    Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
35205277      SACRAMENTO                  95838     CA       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
4000151307    CLOVIS                      93611     CA       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
34964791      HAMILTON                    45015     OH       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
4000176775    AUSTIN                      78757     TX       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35342310      WHITE PLAINS                20695     MD       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
35106285      MESQUITE                    75181     TX       SFR     Owner Occupied     180      8/4/2004   10/1/2004   9/1/2019
34795518      FALLBROOK                   92028     CA       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
4000152232    OAKLAND                     94601     CA       SFR     Owner Occupied     360     6/15/2004    8/1/2004   7/1/2034
35035138      LOS ANGELES                 90011     CA    Units 2-4  Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
4000171177    PITTSBURG                   94565     CA       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
4000162976    GILROY                      95020     CA       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
35107028      CARROLLTON                  75006     TX       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
4000166263    OAKLAND                     94603     CA    Units 2-4  Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
4000160790    HINCKLEY                    44233     OH       SFR     Owner Occupied     360      8/2/2004    9/1/2004   8/1/2034
35009349      CENTENNIAL                  80122     CO      Condo    Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
34960930      LOS ANGELES                 90001     CA       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
35186600      CORONA                      92883     CA       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34079012      RENO                        89506     NV       PUD     Owner Occupied     360     7/16/2004    9/1/2004   8/1/2034
35104546      EL PASO                     79912     TX       SFR     Owner Occupied     180     8/26/2004   10/1/2004   9/1/2019
35194166      LOS ANGELES                 90037     CA    Units 2-4  Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35264761      MORENO VALLEY               92551     CA       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34375774      CLIFTON                      7011     NJ    Units 2-4  Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34546655      DALLAS                      75243     TX       SFR     Owner Occupied     360     5/28/2004    7/1/2004   6/1/2034
4000172111    HUDSON                       1749     MA       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
4000167943    SAN BRUNO                   94066     CA       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034

<CAPTION>
                                                                                      ORIGINAL
                                                                                      COMBAINED
              REMAINING     ORIGINAL   SCHEDULED                       PAID THRU       LOAN TO      OTS
  LOANID        TERM        BALANCE     BALANCE      RATE      P&I        DATE          VALUE   DELINQUENCY INDEX       MARGIN
------------------------------------------------------------------------------------------------------------------------------
<S>              <C>      <C>         <C>           <C>     <C>        <C>              <C>        <C>       <C>        <C>
34758177         359       98,100.00   98,100.00     8.75     715.31   10/1/2004           90      0-29      6ML        7.125
35382142         359      125,600.00  125,600.00     6.25     654.17   10/1/2004           80      0-29      6ML         4.25
4000179117       359       70,000.00   69,954.21    8.125     519.75   10/1/2004        29.86      0-29      FIX            0
4000171190       359      132,000.00  131,917.95    8.375   1,003.30   10/1/2004           80      0-29      FIX            0
4000173297       359      240,000.00  240,000.00        6   1,200.00   10/1/2004           80      0-29      6ML        3.625
34853879         359       97,000.00   96,924.32     7.25     661.72   10/1/2004        80.83      0-29      6ML        5.625
34920686         358       58,500.00   58,432.44     8.75     460.22    9/1/2004           90      0-29      FIX            0
4000162982       359      183,950.00  183,802.89    7.125   1,239.31   10/1/2004           80      0-29      6ML         5.25
4000164744       358      268,000.00  267,999.58    6.625   1,479.58    9/1/2004           80      0-29      6ML        4.125
34717934         359      308,000.00  308,000.00    5.625   1,443.75   10/1/2004           80      0-29      6ML         4.25
33016536         359       72,250.00   72,203.92     8.25      542.8   10/1/2004           85      0-29      FIX            0
35151174         359      127,800.00  127,800.00     8.75     931.88   10/1/2004        88.14      0-29      6ML          6.5
4000178515       359      220,000.00  219,786.18    6.125   1,336.74   10/1/2004        73.33      0-29      6ML         4.25
4000179897       359       52,000.00   51,971.60        9      418.4   10/1/2004           80      0-29      FIX            0
4000152003       359       78,000.00   78,000.00     6.25     406.25   10/1/2004           80      0-29      6ML        4.625
4000176613       359      402,800.00  402,399.01        6   2,414.99   10/1/2004           95      0-29      6ML        4.875
35127083         359       89,300.00   89,233.73      7.5      624.4   10/1/2004           95      0-29      6ML        5.875
35076868         359      179,200.00  179,200.00    7.125   1,064.00   10/1/2004           80      0-29      6ML            5
35345149         359      605,500.00  605,500.00    6.875   3,469.01   10/1/2004        92.44      0-29      6ML        5.375
4000178318       359      170,000.00  170,000.00     9.25   1,310.42   10/1/2004           85      0-29      6ML        7.375
4000175405       359      194,750.00  194,590.36        7   1,295.68   10/1/2004           95      0-29      6ML        5.625
34960963         359      171,900.00  171,900.00    7.625   1,092.28   10/1/2004           90      0-29      6ML         6.25
33019084         359      160,000.00  159,865.58    6.875   1,051.09   10/1/2004          100      0-29      6ML         5.75
34339218         359      300,000.00  300,000.00      5.5   1,375.00   10/1/2004           80      0-29      6ML        3.625
34860015         359      135,500.00  135,424.04    8.875   1,078.10   10/1/2004        82.12      0-29      6ML        7.125
35114461         179       64,000.00   63,769.11     8.25     620.89   10/1/2004           80      0-29      FIX            0
35150572         359       90,000.00   90,000.00        7        525   10/1/2004           80      0-29      6ML        5.125
34865139         359      133,600.00  133,473.23     6.25      822.6   10/1/2004           80      0-29      FIX            0
4000164043       359      000,000.00  000,000.00        7   5,833.33   10/1/2004        64.52      0-29      6ML         4.25
34865501         359      424,000.00  423,607.29    6.375   2,645.21   10/1/2004           80      0-29      6ML          4.5
34081638         359      188,300.00  188,099.41    7.125   1,268.62   10/1/2004           70      0-29      6ML            5
34377325         359      113,900.00  113,813.33    7.375     786.68   10/1/2004           95      0-29      6ML        6.125
35209063         359      162,650.00  162,650.00    7.875   1,067.39   10/1/2004        84.98      0-29      6ML        5.875
4000161639       359      112,500.00  112,399.37      7.5     786.62   10/1/2004           90      0-29      6ML        5.875
35126580         359       72,800.00   72,748.62     7.75     521.55   10/1/2004           70      0-29      FIX            0
34644120         359       93,600.00   93,525.14    7.125     630.61   10/1/2004           80      0-29      6ML            5
34973412         359      104,400.00  104,326.31     7.75     747.94   10/1/2004          100      0-29      6ML        5.625
35190420         359      695,500.00  694,901.19     6.75   4,511.00   10/1/2004        78.15      0-29      6ML        4.625
34149286         359       45,600.00   45,564.42     7.25     311.08   10/1/2004           80      0-29      6ML        5.375
34700880         359      133,450.00  133,367.05    8.375   1,014.32   10/1/2004           85      0-29      6ML        6.375
4000177264       359      375,250.00  375,250.00    6.999   2,188.65   10/1/2004        84.33      0-29      6ML        5.625
35126622         359      263,700.00  263,478.45    6.875   1,732.33   10/1/2004           90      0-29      6ML          4.5
35206051         359      101,200.00  101,096.82    5.875     598.64   10/1/2004           44      0-29      6ML        3.625
34711903         359      177,000.00  176,878.18    7.875   1,283.38   10/1/2004        76.96      0-29      FIX            0
35109032         359       83,100.00   83,035.17     7.25     566.89   10/1/2004        79.98      0-29      FIX            0
4000168723       359      368,000.00  368,000.00    6.375   1,955.00   10/1/2004           80      0-29      6ML            4
4000167182       359      386,500.00  386,220.27    7.625   2,735.62   10/1/2004        89.88      0-29      6ML         6.25
34080432         359      175,000.00  174,860.05    7.125   1,179.01   10/1/2004           70      0-29      6ML        5.375
34716787         359      180,000.00  180,000.00     6.75   1,012.50   10/1/2004        64.98      0-29      6ML        4.375
34860536         359       44,000.00   43,972.64    8.375     334.44   10/1/2004           80      0-29      6ML            6
35104280         358      416,000.00  415,087.23      5.5   2,362.01    9/1/2004           80      0-29      6ML        3.375
4000169929       359      199,500.00  199,319.65      6.5   1,260.98   10/1/2004           95      0-29      6ML         5.25
4000172516       359       70,000.00   69,946.74    7.375     483.47   10/1/2004         87.5      0-29      6ML         5.75
4000173963       359      139,500.00  139,373.90      6.5     881.73   10/1/2004        53.65      0-29      FIX            0
35189653         359      125,000.00  124,651.04     6.25     769.65   10/1/2004        53.65      0-29      6ML            4
34021501         358      103,950.00  103,766.05    6.625     665.61   10/1/2004        79.99      0-29      6ML        4.125
34237503         358       96,000.00   95,880.24    8.375     729.67    9/1/2004        69.06      0-29      FIX            0
34801431         358      374,000.00  374,000.00     5.99   1,866.88    9/1/2004           85      0-29      6ML          4.5
35303270         359      208,000.00  208,000.00    6.375   1,105.00   10/1/2004           80      0-29      6ML          4.5
34078691         358      152,000.00  151,756.16    7.125   1,024.06    9/1/2004        87.86      0-29      6ML        5.875
35035393         359      117,500.00  117,393.77      6.5     742.69   10/1/2004        58.75      0-29      6ML         3.75
4000172492       359      195,000.00  195,000.00    7.125   1,157.81   10/1/2004        79.59      0-29      6ML            5
34377085         359      546,250.00  546,250.00      7.5   3,414.06   10/1/2004           95      0-29      6ML         5.75
4000156951       358      275,150.00  274,600.69    5.999   1,649.49    9/1/2004        67.11      0-29      FIX            0
4000164062       359      175,300.00  175,300.00    5.375      785.2   10/1/2004        79.98      0-29      6ML        3.375
4000164084       358      188,000.00  188,000.00     5.75     900.83   10/1/2004           80      0-29      6ML        3.875
34975151         359      139,800.00  139,685.40        7      930.1   10/1/2004        94.98      0-29      6ML          5.5
34901124         359      152,150.00  152,042.61     7.75   1,090.03   10/1/2004           85      0-29      FIX            0
4000155940       358      585,000.00  583,746.27    5.625   3,367.59    9/1/2004           90      0-29      6ML          4.5
35224351         359      266,400.00  266,400.00     6.25   1,387.50   10/1/2004           80      0-29      6ML            4
34801126         358      196,350.00  196,350.00     6.75   1,104.47    9/1/2004           85      0-29      6ML        4.375
35073956         359      130,600.00  130,600.00        6        653   10/1/2004        79.99      0-29      6ML        3.875
34658534         359       90,900.00   90,847.69     8.75     715.12   10/1/2004           90      0-29      6ML          6.5
4000174450       359       76,000.00   75,942.17    7.375     524.91   10/1/2004           95      0-29      6ML            6
34995225         359      220,000.00  220,000.00      8.5   1,558.33   10/1/2004           88      0-29      6ML        6.875
34901504         359       77,000.00   76,926.95      7.5      538.4   10/1/2004        71.96      0-29      6ML         5.25
4000167380       359      197,560.00  197,560.00        6      987.8   10/1/2004           80      0-29      6ML        3.625
34652594         359       54,000.00   53,965.56     8.25     405.69   10/1/2004        83.08      0-29      6ML          6.5
35105816         359      302,000.00  302,000.00      6.5   1,635.83   10/1/2004           80      0-29      6ML            4
35193036         359      272,000.00  272,000.00    5.875   1,331.67   10/1/2004           80      0-29      6ML          3.5
35205277         359      188,000.00  188,000.00     7.25   1,135.83   10/1/2004           80      0-29      6ML            5
4000151307       359      222,000.00  222,000.00    5.375     994.37   10/1/2004        69.95      0-29      6ML         3.25
34964791         359       91,100.00   91,100.00     6.75     512.44   10/1/2004        79.98      0-29      6ML        4.875
4000176775       359      174,400.00  174,260.53    7.125   1,174.97   10/1/2004           80      0-29      6ML          5.5
35342310         359      260,800.00  260,800.00      6.5   1,412.67   10/1/2004           80      0-29      6ML        4.125
35106285         179      126,400.00  126,034.72        8   1,207.95   10/1/2004        73.49      0-29      FIX            0
34795518         359      215,000.00  214,823.42     6.99   1,428.96   10/1/2004        84.31      0-29      6ML        5.125
4000152232       357      331,000.00  330,006.32    5.999   1,984.30    9/1/2004        77.88      0-29      6ML         4.25
35035138         359      330,000.00  330,000.00    7.875   2,165.63   10/1/2004          100      0-29      6ML         6.25
4000171177       359      288,000.00  288,000.00    5.125   1,230.00   10/1/2004           80      0-29      6ML        3.625
4000162976       359      685,600.00  685,600.00     6.25   3,570.83   10/1/2004           90      0-29      6ML         4.75
35107028         359       95,100.00   95,009.76     6.25     585.55   10/1/2004        79.98      0-29      6ML        4.625
4000166263       359      440,000.00  440,000.00     6.25   2,291.67   10/1/2004           80      0-29      6ML         4.25
4000160790       358      176,300.00  176,085.65      8.5   1,355.59    9/1/2004          100      0-29      6ML            6
35009349         358      133,000.00  133,000.00    6.625     734.27    9/1/2004        73.89      0-29      6ML        4.125
34960930         359      178,200.00  178,057.49    7.125   1,200.57   10/1/2004           90      0-29      FIX            0
35186600         359      474,050.00  474,050.00     7.25   2,864.05   10/1/2004           95      0-29      6ML        5.875
34079012         358      189,600.00  189,600.00    6.375   1,007.25    9/1/2004           80      0-29      6ML          4.5
35104546         179       80,000.00   79,763.64     7.75     753.03   10/1/2004        57.14      0-29      FIX            0
35194166         359      203,000.00  202,361.67    5.125   1,105.31   10/1/2004        62.27      0-29      6ML        2.875
35264761         359      228,000.00  228,000.00    5.875   1,116.25   10/1/2004           80      0-29      6ML            4
34375774         359      280,500.00  280,296.97    7.625   1,985.37   10/1/2004           85      0-29      6ML         5.75
34546655         356      107,200.00  107,200.00    5.125     457.83    9/1/2004           80      0-29      6ML         3.75
4000172111       359      370,400.00  370,400.00      7.5   2,315.00   10/1/2004           95      0-29      6ML            6
4000167943       359      575,000.00  575,000.00    6.875   3,294.27   10/1/2004        75.16      0-29      6ML          4.5

<CAPTION>
             INITIAL  PERIODIC                           PREPAYMENT
  LOANID       CAP      CAP       FLOOR    CEILING          TERM                                PREPAYMENT PENALTY
--------------------------------------------------------------------------------------------------------------------------
<S>             <C>      <C>      <C>       <C>              <C>                        <C>
34758177        3        1         8.75      14.75           36                              6 mo.s interest less 20% obal
35382142        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
4000179117      0        0            0          0           36                              6 mo.s interest less 20% obal
4000171190      0        0            0          0           36                              6 mo.s interest less 20% obal
4000173297      3        1            6         12           24                              6 mo.s interest less 20% obal
34853879        3        1         7.25      13.25           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34920686        0        0            0          0           36                              6 mo.s interest less 20% obal
4000162982      3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
4000164744      3        1        6.625     12.625           12                              6 mo.s interest less 20% obal
34717934        3        1        5.625     11.625           36                              6 mo.s interest less 20% obal
33016536        0        0            0          0           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35151174        3        1         8.75      14.75            0                                                       None
4000178515      3        1        6.125     12.125            0                                                       None
4000179897      0        0            0          0           36                                                 1% prepaid
4000152003      3        1         6.25      12.25           36                                                 2% prepaid
4000176613      3        1            6         12           24                              6 mo.s interest less 20% obal
35127083        3        1          7.5       13.5           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35076868        3        1        7.125     13.125            0                                                       None
35345149        3        1        6.875     12.875           36                              6 mo.s interest less 20% obal
4000178318      3        1         9.25      15.25           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000175405      3        1            7         13           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34960963        3        1        7.625     13.625           24                              6 mo.s interest less 20% obal
33019084        3        1        6.875     12.875           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34339218        3        1          5.5       11.5           24                              6 mo.s interest less 20% obal
34860015        3        1        8.875     14.875           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35114461        0        0            0          0           36                              6 mo.s interest less 20% obal
35150572        3        1            7         13            0                                                       None
34865139        0        0            0          0           12                              6 mo.s interest less 20% obal
4000164043      3        1            7         13           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34865501        3        1        6.375     12.375            0                                                       None
34081638        3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
34377325        3        1        7.375     13.375           24                              6 mo.s interest less 20% obal
35209063        3        1        7.875     13.875           24                              6 mo.s interest less 20% obal
4000161639      3        1          7.5       13.5           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35126580        0        0            0          0            0                                                       None
34644120        3        1        7.125     13.125           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34973412        3        1         7.75      13.75           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35190420        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
34149286        3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
34700880        3        1        8.375     14.375           24                              6 mo.s interest less 20% obal
4000177264      3        1        6.999     12.999           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35126622        3        1        6.875     12.875           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35206051        3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
34711903        0        0            0          0           24                              6 mo.s interest less 20% obal
35109032        0        0            0          0           36                              6 mo.s interest less 20% obal
4000168723      3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
4000167182      3        1        7.625     13.625           36                              6 mo.s interest less 20% obal
34080432        3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
34716787        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
34860536        3        1        8.375     14.375           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35104280        3        1          5.5       11.5            0                                                       None
4000169929      3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
4000172516      3        1        7.375     13.375           36                              6 mo.s interest less 20% obal
4000173963      0        0            0          0           36                              6 mo.s interest less 20% obal
35189653        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
34021501        3        1        6.625     12.625            0                                                       None
34237503        0        0            0          0           36                              6 mo.s interest less 20% obal
34801431        3        1         5.99      11.99           24                              6 mo.s interest less 20% obal
35303270        3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
34078691        3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
35035393        3        1          6.5       12.5           36                              6 mo.s interest less 20% obal
4000172492      3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
34377085        3        1          7.5       13.5            0                                                       None
4000156951      0        0            0          0           36                              6 mo.s interest less 20% obal
4000164062      3        1        5.375     11.375           24                              6 mo.s interest less 20% obal
4000164084      3        1         5.75      11.75           24                              6 mo.s interest less 20% obal
34975151        3        1            7         13           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34901124        0        0            0          0           36                              6 mo.s interest less 20% obal
4000155940      3        1        5.625     11.625            0                                                       None
35224351        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
34801126        3        1         6.75      12.75           36                              6 mo.s interest less 20% obal
35073956        3        1            6         12            0                                                       None
34658534        3        1         8.75      14.75           36                                                 2% prepaid
4000174450      3        1        7.375     13.375           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34995225        3        1          8.5       14.5           36                         min (2% prepaid, 60 days interest)
34901504        3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
4000167380      3        1            6         12           36                              6 mo.s interest less 20% obal
34652594        3        1         8.25      14.25           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35105816        3        1          6.5       12.5            0                                                       None
35193036        3        1        5.875     11.875           36                              6 mo.s interest less 20% obal
35205277        3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
4000151307      3        1        5.375     11.375           24                              6 mo.s interest less 20% obal
34964791        3        1         6.75      12.75           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000176775      3        1        7.125     13.125            0                                                       None
35342310        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
35106285        0        0            0          0            0                                                       None
34795518        3        1         6.99      12.99           24                              6 mo.s interest less 20% obal
4000152232      3        1        5.999     11.999           36                              6 mo.s interest less 20% obal
35035138        3        1        7.875     13.875           24                              6 mo.s interest less 20% obal
4000171177      3        1        5.125     11.125           36                              6 mo.s interest less 20% obal
4000162976      3        1         6.25      12.25           36                              6 mo.s interest less 20% obal
35107028        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
4000166263      3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
4000160790      3        1          8.5       14.5           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35009349        3        1        6.625     12.625           36                              6 mo.s interest less 20% obal
34960930        0        0            0          0           36                              6 mo.s interest less 20% obal
35186600        3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
34079012        3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
35104546        0        0            0          0            0                                                       None
35194166        3        1        5.125     11.125           36                              6 mo.s interest less 20% obal
35264761        3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
34375774        3        1        7.625     13.625            0                                                       None
34546655        3        1        5.125     11.125           24                              6 mo.s interest less 20% obal
4000172111      3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
4000167943      3        1        6.875     12.875           24                              6 mo.s interest less 20% obal

<CAPTION>
                                              PAYMENT
              FIRST RATE      RATE RESET       RESET                                  MI
  LOANID      RESET DATE       FREQUENCY     FREQUENCY  PURPOSE   DIV  IO    IOTERM  FLAG
-----------------------------------------------------------------------------------------
<S>           <C>                  <C>            <C>  <C>         <C>  <C>    <C>    <C>
34758177        9/1/2006           6              6    Purchase    N    Y      60     N
35382142        9/1/2006           6              6    Purchase    N    Y      60     N
4000179117    00/00/0000           0              0    Purchase    N    N       0     N
4000171190    00/00/0000           0              0    Purchase    N    N       0     N
4000173297      9/1/2009           6              6    Purchase    N    Y      60     N
34853879        9/1/2006           6              6    C/O Refi    N    N       0     N
34920686      00/00/0000           0              0    C/O Refi    N    N       0     Y
4000162982      9/1/2006           6              6    Purchase    N    N       0     N
4000164744      8/1/2006           6              6    C/O Refi    N    Y      60     N
34717934        9/1/2006           6              6    Purchase    N    Y      60     N
33016536      00/00/0000           0              0    C/O Refi    N    N       0     Y
35151174        9/1/2006           6              6    C/O Refi    N    Y      60     N
4000178515      9/1/2007           6              6    R/T Refi    N    N       0     N
4000179897    00/00/0000           0              0    Purchase    N    N       0     N
4000152003      9/1/2007           6              6    Purchase    N    Y      60     N
4000176613      9/1/2006           6              6    C/O Refi    N    N       0     Y
35127083        9/1/2006           6              6    R/T Refi    N    N       0     N
35076868        9/1/2007           6              6    C/O Refi    N    Y      60     N
35345149        9/1/2007           6              6    C/O Refi    N    Y      60     Y
4000178318      9/1/2006           6              6    C/O Refi    N    Y      60     N
4000175405      9/1/2006           6              6    R/T Refi    N    N       0     Y
34960963        9/1/2006           6              6    C/O Refi    N    Y      60     N
33019084        9/1/2006           6              6    Purchase    N    N       0     N
34339218        9/1/2006           6              6    Purchase    N    Y      60     N
34860015        9/1/2006           6              6    C/O Refi    N    N       0     Y
35114461      00/00/0000           0              0    Purchase    N    N       0     N
35150572        9/1/2006           6              6    Purchase    N    Y      60     N
34865139      00/00/0000           0              0    Purchase    N    N       0     N
4000164043      9/1/2006           6              6    Purchase    N    Y      60     N
34865501        9/1/2007           6              6    Purchase    N    N       0     N
34081638        9/1/2006           6              6    C/O Refi    N    N       0     N
34377325        9/1/2006           6              6    Purchase    N    N       0     Y
35209063        9/1/2006           6              6    C/O Refi    N    Y      60     N
4000161639      9/1/2006           6              6    C/O Refi    N    N       0     Y
35126580      00/00/0000           0              0    C/O Refi    N    N       0     N
34644120        9/1/2006           6              6    C/O Refi    N    N       0     N
34973412        9/1/2006           6              6    Purchase    N    N       0     N
35190420        9/1/2006           6              6    Purchase    N    N       0     N
34149286        9/1/2006           6              6    Purchase    N    N       0     N
34700880        9/1/2006           6              6    C/O Refi    N    N       0     Y
4000177264      9/1/2006           6              6    R/T Refi    N    Y      60     Y
35126622        9/1/2006           6              6    C/O Refi    N    N       0     Y
35206051        9/1/2006           6              6    C/O Refi    N    N       0     N
34711903      00/00/0000           0              0    C/O Refi    N    N       0     N
35109032      00/00/0000           0              0    Purchase    N    N       0     N
4000168723      9/1/2009           6              6    Purchase    N    Y      60     N
4000167182      9/1/2006           6              6    R/T Refi    N    N       0     N
34080432        9/1/2006           6              6    Purchase    N    N       0     N
34716787        9/1/2006           6              6    C/O Refi    N    Y      60     N
34860536        9/1/2006           6              6    C/O Refi    N    N       0     N
35104280        8/1/2007           6              6    C/O Refi    N    N       0     N
4000169929      9/1/2006           6              6    C/O Refi    N    N       0     Y
4000172516      9/1/2007           6              6    R/T Refi    N    N       0     Y
4000173963    00/00/0000           0              0    R/T Refi    N    N       0     N
35189653        9/1/2006           6              6    C/O Refi    N    N       0     N
34021501        8/1/2007           6              6    Purchase    N    N       0     N
34237503      00/00/0000           0              0    R/T Refi    N    N       0     N
34801431        8/1/2006           6              6    Purchase    N    Y      60     N
35303270        9/1/2006           6              6    Purchase    N    Y      60     N
34078691        8/1/2006           6              6    C/O Refi    N    N       0     Y
35035393        9/1/2009           6              6    C/O Refi    N    N       0     N
4000172492      9/1/2006           6              6    R/T Refi    N    Y      60     N
34377085        9/1/2006           6              6    Purchase    N    Y      60     N
4000156951    00/00/0000           0              0    C/O Refi    N    N       0     N
4000164062      9/1/2006           6              6    Purchase    N    Y      60     N
4000164084      8/1/2006           6              6    Purchase    N    Y      60     N
34975151        9/1/2006           6              6    Purchase    N    N       0     Y
34901124      00/00/0000           0              0    C/O Refi    N    N       0     Y
4000155940      8/1/2007           6              6    R/T Refi    N    N       0     Y
35224351        9/1/2006           6              6    C/O Refi    N    Y      60     N
34801126        8/1/2007           6              6    C/O Refi    N    Y      60     Y
35073956        9/1/2007           6              6    Purchase    N    Y      60     N
34658534        9/1/2007           6              6    C/O Refi    N    N       0     N
4000174450      9/1/2006           6              6    Purchase    N    N       0     N
34995225        9/1/2006           6              6    C/O Refi    N    Y      60     N
34901504        9/1/2006           6              6    C/O Refi    N    N       0     N
4000167380      9/1/2009           6              6    Purchase    N    Y      60     N
34652594        9/1/2006           6              6    C/O Refi    N    N       0     Y
35105816        9/1/2006           6              6    Purchase    N    Y      60     N
35193036        9/1/2009           6              6    Purchase    N    Y      60     N
35205277        9/1/2006           6              6    C/O Refi    N    Y      60     N
4000151307      9/1/2006           6              6    Purchase    N    Y      60     N
34964791        9/1/2006           6              6    Purchase    N    Y      60     N
4000176775      9/1/2007           6              6    C/O Refi    N    N       0     N
35342310        9/1/2009           6              6    Purchase    N    Y      60     N
35106285      00/00/0000           0              0    C/O Refi    N    N       0     N
34795518        9/1/2006           6              6    C/O Refi    N    N       0     N
4000152232      7/1/2009           6              6    R/T Refi    N    N       0     N
35035138        9/1/2006           6              6    Purchase    N    Y      60     N
4000171177      9/1/2006           6              6    Purchase    N    Y      60     N
4000162976      9/1/2006           6              6    Purchase    N    Y      60     N
35107028        9/1/2006           6              6    Purchase    N    N       0     N
4000166263      9/1/2006           6              6    Purchase    N    Y      60     N
4000160790      8/1/2006           6              6    Purchase    N    N       0     N
35009349        8/1/2007           6              6    C/O Refi    N    Y      60     N
34960930      00/00/0000           0              0    Purchase    N    N       0     Y
35186600        9/1/2006           6              6    Purchase    N    Y      60     Y
34079012        8/1/2006           6              6    Purchase    N    Y      60     N
35104546      00/00/0000           0              0    C/O Refi    N    N       0     N
35194166        9/1/2009           6              6    R/T Refi    N    N       0     N
35264761        9/1/2006           6              6    Purchase    N    Y      60     N
34375774        9/1/2007           6              6    C/O Refi    N    N       0     N
34546655        6/1/2006           6              6    Purchase    N    Y      60     N
4000172111      9/1/2006           6              6    Purchase    N    Y      60     Y
4000167943      9/1/2006           6              6    C/O Refi    N    Y      60     N
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
                                                          PROPERTY                    ORIGINAL ORIGINATION  FIRST PAY   MATURITY
  LOANID              CITY                 ZIP    STATE     TYPE       OCCUPANCY        TERM      DATE        DATE        DATE
--------------------------------------------------------------------------------------------------------------------------------
<S>           <C>                         <C>       <C>   <C>        <C>                <C>     <C>         <C>         <C>
34527259      OMAHA                       68106     NE       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
35198696      IRVINE                      92614     CA       PUD     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34719419      WILDOMAR                    92595     CA       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
4000172643    PITTSBURG                   94565     CA       PUD     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
34644088      MILWAUKEE                   53215     WI       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34892190      WINDERMERE                  34786     FL       PUD       Second Home      360     8/27/2004   10/1/2004   9/1/2034
34831131      EAST HAVEN                   6512     CT       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
34954016      ONTARIO                     91762     CA       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35246925      ROSENBERG                   77471     TX       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
34955765      HACIENDA HEIGHTS AREA       91745     CA      Condo    Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
4000167037    MIAMI                       33055     FL       SFR     Owner Occupied     360     9/30/2004    9/1/2004   8/1/2034
35383330      PHOENIX                     85027     AZ       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000152180    STATEN ISLAND               10304     NY       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35024413      LOS ANGELES                 90006     CA    Units 2-4  Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
4000172634    BRENTWOOD                   11717     NY       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
4000174195    ASHTABULA                   44004     OH       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
4000174285    ESCALON                     95320     CA       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
4000174523    MIAMI                       33142     FL       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35224708      PALM BAY                    32909     FL       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35160118      ALPHARETTA                  30005     GA       PUD     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35114040      SPRING                      77379     TX       PUD     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34719203      DESERT HOT SPRINGS          92240     CA       SFR     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
4000162911    MODESTO                     95355     CA       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
4000150457    EAST ISLIP                  11730     NY    Units 2-4  Owner Occupied     360     6/17/2004    8/1/2004   7/1/2034
35187103      FONTANA                     92336     CA       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
34991802      SOMERSET                    54025     WI       SFR     Owner Occupied     360      8/6/2004    9/1/2004   8/1/2034
4000168910    CORAL SPRINGS               33076     FL       PUD     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
34868208      ROTTERDAM                   12306     NY       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34830224      WEST WARWICK                 2893     RI       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35091834      ALEXANDRIA                  41001     KY      Condo    Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35183094      RANCHO SANTA MARGARITA      92688     CA       PUD     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34569350      DENVER                      80211     CO       SFR     Owner Occupied     360     6/24/2004    8/1/2004   7/1/2034
4000158263    BAKERSFIELD                 93307     CA       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
35008853      EVERGREEN                   80439     CO       SFR     Owner Occupied     360      8/4/2004    9/1/2004   8/1/2034
4000147447    FAIRFIELD                   94533     CA       SFR     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
35069129      MYRTLE BEACH                29579     SC       SFR     Owner Occupied     360      8/2/2004    9/1/2004   8/1/2034
4000172091    SOUTH HADLEY                 1075     MA       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34670976      CORONA AREA                 92880     CA       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
4000169744    OCEANSIDE                   92057     CA       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
35029578      CORONA                      92879     CA      Condo    Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
4000169125    HACIENDA HEIGHTS            91745     CA       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000166578    DAVIE                       33317     FL       PUD     Owner Occupied     360      8/3/2004    9/1/2004   8/1/2034
4000166675    MIAMI                       33125     FL       SFR     Owner Occupied     360      8/4/2004    9/1/2004   8/1/2034
34851600      CHICAGO                     60651     IL    Units 2-4  Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
34955021      LA PUENTE                   91744     CA       SFR     Owner Occupied     360     7/23/2004    9/1/2004   8/1/2034
34716639      SAN BERNARDINO              92407     CA       SFR     Owner Occupied     360     7/27/2004    9/1/2004   8/1/2034
35146067      WOODSTOCK                   30189     GA       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
35144468      ATLANTA                     30349     GA       PUD     Owner Occupied     360      8/4/2004    9/1/2004   8/1/2034
4000167215    AUBURN                      13021     NY       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
34712224      PALM SPRINGS                92264     CA      Condo    Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
35155282      LOGANVILLE                  30052     GA       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
4000165299    SACRAMENTO                  95823     CA       SFR     Owner Occupied     360     7/26/2004   10/1/2004   9/1/2034
4000151944    RODEO                       94572     CA       SFR     Owner Occupied     360     6/16/2004    9/1/2004   8/1/2034
34756619      MCLEAN                      22101     VA       SFR     Owner Occupied     360      8/2/2004    9/1/2004   8/1/2034
4000168304    HOWARD BEACH                11414     NY    Units 2-4  Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
4000157043    EASTPOINTE                  48021     MI       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
4000165854    OAKLEY                      94561     CA       SFR     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
34280420      SPRING                      77379     TX       PUD     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
4000173493    STOCKTON                    95212     CA       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
34081059      LAS VEGAS                   89144     NV       PUD     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
4000167433    SOUTHINGTON                  6489     CT      Condo    Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
34850339      OAK PARK                    60302     IL      Condo    Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
34868398      SCHENECTADY                 12306     NY       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
35071760      CHAPEL HILL                 27516     NC       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
4000165942    ELK GROVE                   95758     CA       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34993097      SAINT PAUL                  55106     MN    Units 2-4  Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
35074053      CHARLOTTE                   28213     NC      Condo    Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
4000170485    YAKIMA                      98902     WA    Units 2-4  Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000169643    HAVERHILL                    1830     MA       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
4000170912    PASO ROBLES                 93446     CA       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
34963884      LAFAYETTE                   47905     IN       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35106426      FORNEY                      75126     TX       PUD     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
34658054      WILDWOOD                    63011     MO       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
4000173790    PORT CLINTON                43452     OH       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34640177      TONEY                       35773     AL       SFR     Owner Occupied     180      8/9/2004   10/1/2004   9/1/2019
35079722      WALKERTOWN                  27051     NC       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
35196260      DIAMOND BAR                 91765     CA       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34962969      CROYDON                     19021     PA       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
4000163947    FREDERICKSBURG              17026     PA       SFR     Owner Occupied     360      8/7/2004   10/1/2004   9/1/2034
35282045      EAST STROUDSBURG            18301     PA       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
35184688      IRVINE                      92612     CA      Condo    Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
4000157981    TIGARD                      97223     OR       PUD     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
34087940      ONTARIO                     91761     CA       SFR     Owner Occupied     360     7/26/2004    9/1/2004   8/1/2034
4000179655    RICHMOND HEIGHTS            44143     OH       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35227552      MULBERRY                    33860     FL       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35227651      CANTONMENT                  32533     FL       PUD     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
35148410      MEMPHIS                     38133     TN       SFR     Owner Occupied     360      8/4/2004    9/1/2004   8/1/2034
35148436      MEMPHIS                     38125     TN       SFR     Owner Occupied     360      8/5/2004    9/1/2004   8/1/2034
34754853      UPPER MARLBORO              20772     MD       PUD     Owner Occupied     360      8/4/2004    9/1/2004   8/1/2034
35031871      ARCADIA                     91007     CA      Condo    Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
35115393      FRISCO                      75034     TX       PUD     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35155985      LITHONIA                    30038     GA       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
35190735      RIALTO                      92376     CA       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
35303841      LAS VEGAS                   89122     NV      Condo    Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
4000173979    GRAND BLANC                 48439     MI       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35082817      CINCINNATI                  45244     OH       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
35131770      CHICAGO                     60644     IL       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
4000165489    SUNRISE                     33351     FL       PUD     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
4000146434    FOUNTAIN VALLEY             92708     CA       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
4000171694    COMPTON                     90220     CA       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
34659250      SAINT LOUIS                 63114     MO       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
34898080      TAMPA                       33647     FL       PUD     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34786921      TEMECULA                    92591     CA       PUD     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
34554030      LOCKHART                    78644     TX       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
4000166971    WEST PALM BEACH             33407     FL       PUD     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034

<CAPTION>
                                                                                      ORIGINAL
                                                                                      COMBAINED
              REMAINING     ORIGINAL   SCHEDULED                       PAID THRU       LOAN TO      OTS
  LOANID        TERM        BALANCE     BALANCE      RATE      P&I        DATE          VALUE   DELINQUENCY INDEX       MARGIN
------------------------------------------------------------------------------------------------------------------------------
<S>              <C>      <C>         <C>           <C>     <C>        <C>              <C>        <C>       <C>        <C>
34527259         359      115,900.00  115,800.21     6.75     751.73   10/1/2004           95      0-29      6ML          5.5
35198696         359      545,000.00  545,000.00     6.99   3,174.63   10/1/2004        78.99      0-29      6ML        5.125
34719419         359      290,400.00  290,124.45     6.25   1,788.05   10/1/2004           80      0-29      6ML         4.75
4000172643       359      343,200.00  343,200.00    5.625   1,608.75   10/1/2004           80      0-29      6ML        3.375
34644088         359       92,000.00   91,914.78    6.375     573.97   10/1/2004           80      0-29      6ML          4.5
34892190         359      240,400.00  240,400.00    7.375   1,477.46   10/1/2004        89.98      0-29      6ML         5.75
34831131         359      166,500.00  166,370.11     7.25   1,135.83   10/1/2004           90      0-29      6ML         5.75
34954016         359      240,000.00  240,000.00      6.5   1,300.00   10/1/2004           80      0-29      6ML        4.125
35246925         359       77,250.00   77,191.22    7.375     533.55   10/1/2004          100      0-29      6ML          5.5
34955765         359      219,000.00  218,792.20     6.25   1,348.43   10/1/2004        66.77      0-29      6ML        3.875
4000167037       358      165,000.00  164,777.78    7.999   1,210.60    9/1/2004          100      0-29      6ML        5.125
35383330         359       84,000.00   84,000.00     7.25      507.5   10/1/2004           80      0-29      6ML         5.25
4000152180       359      175,000.00  174,852.97    6.875   1,149.63   10/1/2004        83.33      0-29      6ML        4.125
35024413         359      440,000.00  440,000.00    6.125   2,245.83   10/1/2004           80      0-29      6ML        4.375
4000172634       359      313,500.00  313,216.60      6.5   1,981.53   10/1/2004           95      0-29      6ML        5.375
4000174195       359       60,000.00   59,941.75    8.875     477.39   10/1/2004          100      0-29      6ML         6.75
4000174285       359      235,000.00  234,754.64     5.75   1,371.40   10/1/2004        77.05      0-29      6ML         3.75
4000174523       359      179,000.00  179,000.00     8.75   1,305.21   10/1/2004          100      0-29      6ML        6.125
35224708         359      116,000.00  116,000.00    6.375     616.25   10/1/2004           80      0-29      6ML        4.125
35160118         359      315,000.00  315,000.00      7.5   1,968.75   10/1/2004         87.5      0-29      6ML        5.625
35114040         359      218,000.00  217,771.67        7   1,450.36   10/1/2004        94.78      0-29      6ML        5.875
34719203         359      132,800.00  132,800.00    6.625     733.17   10/1/2004           80      0-29      6ML        4.625
4000162911       359      214,400.00  214,400.00    7.375   1,317.67   10/1/2004           80      0-29      FIX            0
4000150457       357      175,000.00  174,321.09    4.625     899.74    9/1/2004        43.75      0-29      6ML         3.25
35187103         359      254,400.00  254,400.00      6.5   1,378.00   10/1/2004           80      0-29      6ML         4.25
34991802         358      179,900.00  179,725.14    6.125   1,093.10   10/1/2004        89.99      0-29      6ML        5.375
4000168910       359      388,550.00  388,144.33     5.75   2,267.47   10/1/2004           95      0-29      6ML         4.75
34868208         359       90,100.00   90,037.99    7.875     653.29   10/1/2004          100      0-29      6ML          6.5
34830224         359      158,400.00  158,400.00        7        924   10/1/2004           80      0-29      6ML        4.875
35091834         359       66,800.00   66,756.30    8.125     495.99   10/1/2004        99.95      0-29      FIX            0
35183094         359      692,000.00  692,000.00      5.5   3,171.67   10/1/2004           80      0-29      6ML        3.375
34569350         357      183,900.00  183,857.85      5.5     842.88    9/1/2004        79.99      0-29      6ML        3.625
4000158263       359       77,000.00   76,950.90     8.25     578.48   10/1/2004          100      0-29      FIX            0
35008853         358      192,000.00  192,000.00        6        960    9/1/2004           80      0-29      6ML        4.625
4000147447       359      247,200.00  247,200.00    5.875   1,210.25   10/1/2004           80      0-29      6ML         3.75
35069129         358      114,300.00  114,107.39    6.875     750.87    9/1/2004           90      0-29      6ML          5.5
4000172091       359      187,000.00  187,000.00        7   1,090.83   10/1/2004          100      0-29      6ML        5.625
34670976         359      333,700.00  333,700.00     5.75   1,598.98   10/1/2004        70.11      0-29      6ML        3.625
4000169744       359      230,000.00  230,000.00     7.25   1,389.58   10/1/2004        70.77      0-29      6ML        4.875
35029578         359      296,000.00  295,683.55    5.625   1,703.95   10/1/2004           80      0-29      6ML         3.75
4000169125       359      487,500.00  487,100.32    6.999   3,243.02   10/1/2004           75      0-29      6ML            5
4000166578       358      187,200.00  186,971.64      8.5   1,439.41    9/1/2004           90      0-29      FIX            0
4000166675       358      180,500.00  180,224.46    7.375   1,246.67    9/1/2004           95      0-29      6ML        5.875
34851600         359      211,500.00  211,308.80      6.5   1,336.83   10/1/2004           90      0-29      6ML        5.125
34955021         358      278,000.00  278,000.00     5.99   1,387.68    9/1/2004           80      0-29      6ML        4.125
34716639         358      204,000.00  203,947.94    6.125   1,041.25    9/1/2004           80      0-29      6ML        4.125
35146067         359      180,560.00  180,560.00     5.75     865.18   10/1/2004           80      0-29      6ML        3.875
35144468         358      152,000.00  152,000.00    6.875     870.83   10/1/2004           80      0-29      6ML        5.125
4000167215       359       52,000.00   51,969.30    8.625     404.45   10/1/2004           80      0-29      6ML          5.5
34712224         359      253,800.00  253,800.00    7.125   1,506.94   10/1/2004           90      0-29      6ML        5.125
35155282         359       93,200.00   93,200.00    5.125     398.04   10/1/2004           80      0-29      6ML          3.5
4000165299       359      234,000.00  234,000.00      7.5   1,462.50   10/1/2004           90      0-29      6ML        5.625
4000151944       358      289,000.00  289,000.00    6.125   1,475.10   10/1/2004           85      0-29      6ML        4.875
34756619         358      567,900.00  567,900.00    6.875   3,253.59   10/1/2004           80      0-29      6ML         4.75
4000168304       359      570,000.00  569,532.78        7   3,792.22   10/1/2004          100      0-29      6ML        5.875
4000157043       359       81,500.00   79,513.94    5.625     469.16   10/1/2004        58.42      0-29      6ML        3.625
4000165854       359      232,000.00  232,000.00    5.625   1,087.50   10/1/2004           80      0-29      6ML        3.625
34280420         359      600,000.00  599,388.27    5.875   3,549.23   10/1/2004        69.36      0-29      6ML         3.25
4000173493       359      378,000.00  378,000.00    7.625   2,401.88   10/1/2004           90      0-29      6ML        5.625
34081059         359      276,800.00  276,800.00     6.25   1,441.67   10/1/2004           80      0-29      6ML          4.5
4000167433       359       90,100.00   90,042.55     8.25     676.89   10/1/2004           85      0-29      6ML        6.125
34850339         359      324,000.00  323,771.32     7.75   2,321.18   10/1/2004           80      0-29      6ML        4.625
34868398         359       72,500.00   72,446.19      7.5     506.94   10/1/2004          100      0-29      6ML        6.125
35071760         359      164,800.00  164,800.00        7     961.33   10/1/2004        94.99      0-29      6ML        5.375
4000165942       359      272,000.00  272,000.00    5.625   1,275.00   10/1/2004           80      0-29      6ML         3.75
34993097         359      171,000.00  171,000.00     8.25   1,175.63   10/1/2004           90      0-29      6ML        6.625
35074053         359      103,900.00  103,828.49    7.875     753.35   10/1/2004          100      0-29      6ML         5.25
4000170485       359       99,500.00   99,426.16      7.5     695.72   10/1/2004          100      0-29      FIX            0
4000169643       359      208,800.00  208,633.03    7.125   1,406.72   10/1/2004           80      0-29      6ML         5.75
4000170912       359      348,000.00  348,000.00     5.75   1,667.50   10/1/2004           80      0-29      6ML        3.875
34963884         359       72,500.00   72,456.07      8.5     557.47   10/1/2004          100      0-29      FIX            0
35106426         359       97,950.00   97,887.54     8.25     735.87   10/1/2004        99.96      0-29      6ML          5.5
34658054         359      246,400.00  246,400.00    6.375   1,309.00   10/1/2004           80      0-29      6ML        3.875
4000173790       359       97,600.00   97,534.52        8     716.15   10/1/2004           80      0-29      6ML         6.25
34640177         179      166,000.00  165,470.56    6.875   1,480.48   10/1/2004        77.21      0-29      FIX            0
35079722         359      103,000.00  103,000.00     7.75     665.21   10/1/2004        79.23      0-29      6ML        5.625
35196260         359      424,900.00  424,551.02     6.99   2,824.02   10/1/2004          100      0-29      6ML        5.625
34962969         359      190,400.00  190,275.45    8.125   1,413.72   10/1/2004           85      0-29      6ML        6.125
4000163947       359      144,000.00  144,000.00    5.625        675   10/1/2004           80      0-29      6ML        3.375
35282045         359      169,000.00  168,392.23     8.25   1,269.65   10/1/2004          100      0-29      6ML        5.375
35184688         359      384,000.00  384,000.00      6.5   2,080.00   10/1/2004           80      0-29      6ML          4.5
4000157981       359      149,400.00  149,400.00     5.75     715.87   10/1/2004           80      0-29      6ML        3.375
34087940         358      240,000.00  240,000.00     5.99   1,198.00    9/1/2004           80      0-29      6ML            4
4000179655       359      168,000.00  167,868.94     7.25   1,146.06   10/1/2004          100      0-29      6ML        6.125
35227552         359       69,500.00   69,457.89      8.5      534.4   10/1/2004        89.97      0-29      6ML            7
35227651         359      225,000.00  224,863.69      8.5   1,730.06   10/1/2004           90      0-29      6ML            7
35148410         358      100,800.00  100,598.80        6     604.35    9/1/2004           80      0-29      6ML        4.125
35148436         358      155,320.00  155,320.00    6.875     889.85    9/1/2004           80      0-29      6ML         5.25
34754853         358      192,000.00  191,625.81    6.125   1,166.62   10/1/2004           80      0-29      6ML          4.5
35031871         359      332,500.00  332,213.72     6.75   2,156.59   10/1/2004           70      0-29      FIX            0
35115393         359      143,400.00  143,400.00     6.25     746.88   10/1/2004        79.98      0-29      6ML        3.625
35155985         359      102,850.00  102,767.75    7.125     692.92   10/1/2004           85      0-29      6ML        5.625
35190735         359      224,200.00  224,015.86     6.99   1,490.11   10/1/2004           95      0-29      6ML          5.5
35303841         359       85,000.00   85,000.00    7.125     504.69   10/1/2004           85      0-29      6ML        4.625
4000173979       359      131,120.00  131,120.00        6      655.6   10/1/2004           80      0-29      6ML         4.25
35082817         359      160,000.00  160,000.00    6.375        850   10/1/2004           80      0-29      6ML        4.125
35131770         359       85,000.00   84,938.47    7.625     601.63   10/1/2004        70.83      0-29      FIX            0
4000165489       359      180,000.00  180,000.00    4.625     693.75   10/1/2004           80      0-29      6ML        3.125
4000146434       359      399,750.00  399,750.00    4.625   1,540.70   10/1/2004           65      0-29      6ML        2.875
4000171694       359      192,000.00  191,853.90    7.375   1,326.10   10/1/2004        69.82      0-29      6ML         5.25
34659250         359       56,950.00   56,916.37    8.625     442.96   10/1/2004           85      0-29      FIX            0
34898080         359      174,400.00  174,400.00      6.5     944.67   10/1/2004           80      0-29      6ML        4.125
34786921         359      294,050.00  294,050.00    5.875   1,439.62   10/1/2004           80      0-29      6ML            4
34554030         359      132,000.00  131,886.35     6.75     856.15   10/1/2004           80      0-29      6ML        4.125
4000166971       359      128,000.00  127,878.55     6.25     788.12   10/1/2004        88.89      0-29      6ML         4.75

<CAPTION>
             INITIAL  PERIODIC                           PREPAYMENT
  LOANID       CAP      CAP       FLOOR    CEILING          TERM                                PREPAYMENT PENALTY
--------------------------------------------------------------------------------------------------------------------------
<S>             <C>      <C>      <C>       <C>              <C>                        <C>
34527259        3        1         6.75      12.75           36                              6 mo.s interest less 20% obal
35198696        3        1         6.99      12.99           24                              6 mo.s interest less 20% obal
34719419        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
4000172643      3        1        5.625     11.625           36                              6 mo.s interest less 20% obal
34644088        3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
34892190        3        1        7.375     13.375           24                              6 mo.s interest less 20% obal
34831131        3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
34954016        3        1          6.5       12.5           36                              6 mo.s interest less 20% obal
35246925        3        1        7.375     13.375           24                              6 mo.s interest less 20% obal
34955765        3        1         6.25      12.25           36                              6 mo.s interest less 20% obal
4000167037      3        1        7.999     13.999           24                              6 mo.s interest less 20% obal
35383330        3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
4000152180      3        1        6.875     12.875            0                                                       None
35024413        3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
4000172634      3        1          6.5       12.5            0                                                       None
4000174195      3        1        8.875     14.875           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000174285      3        1         5.75      11.75           36                              6 mo.s interest less 20% obal
4000174523      3        1         8.75      14.75           24                              6 mo.s interest less 20% obal
35224708        3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
35160118        3        1          7.5       13.5            0                                                       None
35114040        3        1            7         13           24                              6 mo.s interest less 20% obal
34719203        3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
4000162911      0        0            0          0           36                              6 mo.s interest less 20% obal
4000150457      3        1        4.625     10.625            0                                                       None
35187103        3        1          6.5       12.5           36                              6 mo.s interest less 20% obal
34991802        3        1        6.125     12.125           36                              6 mo.s interest less 20% obal
4000168910      3        1         5.75      11.75           12                              6 mo.s interest less 20% obal
34868208        3        1        7.875     13.875            0                                                       None
34830224        3        1            7         13           12                              6 mo.s interest less 20% obal
35091834        0        0            0          0           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35183094        3        1          5.5       11.5           24                              6 mo.s interest less 20% obal
34569350        3        1          5.5       11.5           24                              6 mo.s interest less 20% obal
4000158263      0        0            0          0           36                              6 mo.s interest less 20% obal
35008853        3        1            6         12           36                              6 mo.s interest less 20% obal
4000147447      3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
35069129        3        1        6.875     12.875            0                                                       None
4000172091      3        1            7         13           24                              6 mo.s interest less 20% obal
34670976        3        1         5.75      11.75           24                              6 mo.s interest less 20% obal
4000169744      3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
35029578        3        1        5.625     11.625           24                              6 mo.s interest less 20% obal
4000169125      3        1        6.999     12.999           24                              6 mo.s interest less 20% obal
4000166578      0        0            0          0           36                              6 mo.s interest less 20% obal
4000166675      3        1        7.375     13.375           24                              6 mo.s interest less 20% obal
34851600        3        1          6.5       12.5           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34955021        3        1         5.99      11.99           24                              6 mo.s interest less 20% obal
34716639        3        1        6.125     12.125           36                              6 mo.s interest less 20% obal
35146067        3        1         5.75      11.75            0                                                       None
35144468        3        1        6.875     12.875            0                                                       None
4000167215      3        1        8.625     14.625            0                                                       None
34712224        3        1        7.125     13.125           12                              6 mo.s interest less 20% obal
35155282        3        1        5.125     11.125            0                                                       None
4000165299      3        1          7.5       13.5           36                              6 mo.s interest less 20% obal
4000151944      3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
34756619        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
4000168304      3        1            7         13            0                                                       None
4000157043      3        1        5.625     11.625           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000165854      3        1        5.625     11.625           36                              6 mo.s interest less 20% obal
34280420        3        1        5.875     11.875            0                                                       None
4000173493      3        1        7.625     13.625           24                              6 mo.s interest less 20% obal
34081059        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
4000167433      3        1         8.25      14.25           24                              6 mo.s interest less 20% obal
34850339        3        1         7.75      13.75            0                                                       None
34868398        3        1          7.5       13.5            0                                                       None
35071760        3        1            7         13            0                                                       None
4000165942      3        1        5.625     11.625           24                              6 mo.s interest less 20% obal
34993097        3        1         8.25      14.25           36                         min (2% prepaid, 60 days interest)
35074053        3        1        7.875     13.875            0                                                       None
4000170485      0        0            0          0           36                              6 mo.s interest less 20% obal
4000169643      3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
4000170912      3        1         5.75      11.75           24                              6 mo.s interest less 20% obal
34963884        0        0            0          0           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35106426        3        1         8.25      14.25           36                              6 mo.s interest less 20% obal
34658054        3        1        6.375     12.375           12                                                 2% prepaid
4000173790      3        1            8         14           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34640177        0        0            0          0            0                                                       None
35079722        3        1         7.75      13.75            0                                                       None
35196260        3        1         6.99      12.99           24                              6 mo.s interest less 20% obal
34962969        3        1        8.125     14.125           24                              6 mo.s interest less 20% obal
4000163947      3        1        5.625     11.625           24                              6 mo.s interest less 20% obal
35282045        3        1         8.25      14.25           24                              6 mo.s interest less 20% obal
35184688        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
4000157981      3        1         5.75      11.75           24                              6 mo.s interest less 20% obal
34087940        3        1         5.99      11.99           24                              6 mo.s interest less 20% obal
4000179655      3        1         7.25      13.25           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35227552        3        1          8.5       14.5           24                              6 mo.s interest less 20% obal
35227651        3        1          8.5       14.5           24                              6 mo.s interest less 20% obal
35148410        3        1            6         12           24                              6 mo.s interest less 20% obal
35148436        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
34754853        3        1        6.125     12.125           36                              6 mo.s interest less 20% obal
35031871        0        0            0          0           36                              6 mo.s interest less 20% obal
35115393        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
35155985        3        1        7.125     13.125            0                                                       None
35190735        3        1         6.99      12.99           24                              6 mo.s interest less 20% obal
35303841        3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
4000173979      3        1            6         12           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35082817        3        1        6.375     12.375           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35131770        0        0            0          0            0                                                       None
4000165489      1        1        4.625     10.625           24                              6 mo.s interest less 20% obal
4000146434      3        1        4.625     10.625           36                              6 mo.s interest less 20% obal
4000171694      3        1        7.375     13.375           24                              6 mo.s interest less 20% obal
34659250        0        0            0          0           36                                                 2% prepaid
34898080        3        1          6.5       12.5           36                              6 mo.s interest less 20% obal
34786921        3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
34554030        3        1         6.75      12.75            0                                                       None
4000166971      3        1         6.25      12.25           24                              6 mo.s interest less 20% obal

<CAPTION>
                                              PAYMENT
              FIRST RATE      RATE RESET       RESET                                  MI
  LOANID      RESET DATE       FREQUENCY     FREQUENCY  PURPOSE   DIV  IO    IOTERM  FLAG
-----------------------------------------------------------------------------------------
<S>           <C>                  <C>            <C>  <C>         <C>  <C>    <C>    <C>
34527259        9/1/2007           6              6    Purchase    N    N       0     Y
35198696        9/1/2006           6              6    C/O Refi    N    Y      60     N
34719419        9/1/2006           6              6    Purchase    N    N       0     N
4000172643      9/1/2007           6              6    Purchase    N    Y      60     N
34644088        9/1/2006           6              6    Purchase    N    N       0     N
34892190        9/1/2006           6              6    Purchase    N    Y      60     N
34831131        9/1/2006           6              6    C/O Refi    N    N       0     Y
34954016        9/1/2009           6              6    Purchase    N    Y      60     N
35246925        9/1/2006           6              6    Purchase    N    N       0     N
34955765        9/1/2009           6              6    C/O Refi    N    N       0     N
4000167037      8/1/2006           6              6    Purchase    N    N       0     N
35383330        9/1/2006           6              6    Purchase    N    Y      60     N
4000152180      9/1/2007           6              6    C/O Refi    N    N       0     Y
35024413        9/1/2006           6              6    Purchase    N    Y      60     N
4000172634      9/1/2006           6              6    R/T Refi    N    N       0     N
4000174195      9/1/2006           6              6    Purchase    N    N       0     N
4000174285      9/1/2007           6              6    R/T Refi    N    N       0     N
4000174523      9/1/2006           6              6    C/O Refi    N    Y      60     N
35224708        9/1/2006           6              6    Purchase    N    Y      60     N
35160118        9/1/2007           6              6    C/O Refi    N    Y      60     N
35114040        9/1/2006           6              6    Purchase    N    N       0     Y
34719203        9/1/2009           6              6    Purchase    N    Y      60     N
4000162911    00/00/0000           0              0    Purchase    N    Y      60     N
4000150457      7/1/2007           6              6    R/T Refi    N    N       0     N
35187103        9/1/2009           6              6    Purchase    N    Y      60     N
34991802        8/1/2006           6              6    Purchase    N    N       0     Y
4000168910      9/1/2006           6              6    Purchase    N    N       0     Y
34868208        9/1/2007           6              6    Purchase    N    N       0     Y
34830224        9/1/2006           6              6    Purchase    N    Y      60     N
35091834      00/00/0000           0              0    Purchase    N    N       0     N
35183094        9/1/2006           6              6    Purchase    N    Y      60     N
34569350        7/1/2006           6              6    Purchase    N    Y      60     N
4000158263    00/00/0000           0              0    C/O Refi    N    N       0     N
35008853        8/1/2006           6              6    Purchase    N    Y      60     N
4000147447      9/1/2006           6              6    Purchase    N    Y      60     N
35069129        8/1/2007           6              6    Purchase    N    N       0     Y
4000172091      9/1/2006           6              6    Purchase    N    Y      60     N
34670976        9/1/2006           6              6    Purchase    N    Y      60     N
4000169744      9/1/2006           6              6    C/O Refi    N    Y      60     N
35029578        9/1/2006           6              6    R/T Refi    N    N       0     N
4000169125      9/1/2006           6              6    C/O Refi    N    N       0     N
4000166578    00/00/0000           0              0    Purchase    N    N       0     Y
4000166675      8/1/2006           6              6    Purchase    N    N       0     N
34851600        9/1/2006           6              6    C/O Refi    N    N       0     Y
34955021        8/1/2006           6              6    Purchase    N    Y      60     N
34716639        8/1/2007           6              6    Purchase    N    Y      60     N
35146067        9/1/2006           6              6    Purchase    N    Y      60     N
35144468        8/1/2007           6              6    Purchase    N    Y      60     N
4000167215      9/1/2009           6              6    C/O Refi    N    N       0     N
34712224        9/1/2006           6              6    Purchase    N    Y      60     Y
35155282        9/1/2006           6              6    Purchase    N    Y      60     N
4000165299      9/1/2009           6              6    C/O Refi    N    Y      60     Y
4000151944      8/1/2006           6              6    C/O Refi    N    Y      60     N
34756619        8/1/2006           6              6    Purchase    N    Y      60     N
4000168304      9/1/2006           6              6    Purchase    N    N       0     N
4000157043      9/1/2006           6              6    R/T Refi    N    N       0     N
4000165854      9/1/2007           6              6    C/O Refi    N    Y      60     N
34280420        9/1/2009           6              6    C/O Refi    N    N       0     N
4000173493      9/1/2006           6              6    C/O Refi    N    Y      60     N
34081059        9/1/2006           6              6    Purchase    N    Y      60     N
4000167433      9/1/2006           6              6    C/O Refi    N    N       0     Y
34850339        9/1/2006           6              6    Purchase    N    N       0     N
34868398        9/1/2007           6              6    Purchase    N    N       0     Y
35071760        9/1/2007           6              6    Purchase    N    Y      60     N
4000165942      9/1/2006           6              6    Purchase    N    Y      60     N
34993097        9/1/2006           6              6    C/O Refi    N    Y      60     N
35074053        9/1/2007           6              6    Purchase    N    N       0     N
4000170485    00/00/0000           0              0    Purchase    N    N       0     Y
4000169643      9/1/2006           6              6    Purchase    N    N       0     N
4000170912      9/1/2006           6              6    Purchase    N    Y      60     N
34963884      00/00/0000           0              0    C/O Refi    N    N       0     N
35106426        9/1/2006           6              6    Purchase    N    N       0     N
34658054        9/1/2006           6              6    C/O Refi    N    Y      60     N
4000173790      9/1/2006           6              6    Purchase    N    N       0     N
34640177      00/00/0000           0              0    C/O Refi    N    N       0     N
35079722        9/1/2006           6              6    Purchase    N    Y      60     N
35196260        9/1/2006           6              6    Purchase    N    N       0     N
34962969        9/1/2006           6              6    C/O Refi    N    N       0     Y
4000163947      9/1/2009           6              6    R/T Refi    N    Y      60     N
35282045        9/1/2006           6              6    Purchase    N    N       0     N
35184688        9/1/2006           6              6    Purchase    N    Y      60     N
4000157981      9/1/2009           6              6    Purchase    N    Y      60     N
34087940        8/1/2006           6              6    Purchase    N    Y      60     N
4000179655      9/1/2006           6              6    Purchase    N    N       0     N
35227552        9/1/2006           6              6    C/O Refi    N    N       0     Y
35227651        9/1/2006           6              6    C/O Refi    N    N       0     N
35148410        8/1/2006           6              6    Purchase    N    N       0     N
35148436        8/1/2007           6              6    Purchase    N    Y      60     N
34754853        8/1/2007           6              6    Purchase    N    N       0     N
35031871      00/00/0000           0              0    Purchase    N    N       0     N
35115393        9/1/2009           6              6    Purchase    N    Y      60     N
35155985        9/1/2006           6              6    C/O Refi    N    N       0     Y
35190735        9/1/2006           6              6    C/O Refi    N    N       0     N
35303841        9/1/2009           6              6    C/O Refi    N    Y      60     Y
4000173979      9/1/2006           6              6    Purchase    N    Y      60     N
35082817        9/1/2009           6              6    C/O Refi    N    Y      60     N
35131770      00/00/0000           0              0    C/O Refi    N    N       0     N
4000165489      3/1/2005           6              6    Purchase    N    Y      60     N
4000146434      9/1/2009           6              6    Purchase    N    Y      60     N
4000171694      9/1/2006           6              6    C/O Refi    N    N       0     N
34659250      00/00/0000           0              0    C/O Refi    N    N       0     Y
34898080        9/1/2009           6              6    Purchase    N    Y      60     N
34786921        9/1/2006           6              6    Purchase    N    Y      60     N
34554030        9/1/2009           6              6    C/O Refi    N    N       0     N
4000166971      9/1/2006           6              6    R/T Refi    N    N       0     Y
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
                                                          PROPERTY                    ORIGINAL ORIGINATION  FIRST PAY   MATURITY
  LOANID              CITY                 ZIP    STATE     TYPE       OCCUPANCY        TERM      DATE        DATE        DATE
--------------------------------------------------------------------------------------------------------------------------------
<S>           <C>                         <C>       <C>   <C>        <C>                <C>     <C>         <C>         <C>
4000167768    PROCTORVILLE                45669     OH       SFR     Owner Occupied     360      9/1/2004   11/1/2004  10/1/2034
4000166125    FAIRFIELD                   94533     CA       PUD     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
35303064      LAS VEGAS                   89145     NV       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
4000177380    BAY POINT                   94565     CA       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
4000165134    LAKE ORION                  48360     MI      Condo    Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34992693      HARMONY                     55939     MN       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
34718692      CORONA                      92879     CA      Condo    Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
34755702      FREDERICKSBURG              22408     VA       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
4000167324    INGLEWOOD                   90305     CA      Condo    Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
34920280      ROGERSVILLE                 37857     TN       SFR     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
34921460      MEMPHIS                     38125     TN       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
4000164925    CITRUS HEIGHTS              95621     CA       SFR     Owner Occupied     180     7/28/2004    9/1/2004   8/1/2019
35160381      KNOXVILLE                   37924     TN       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
4000179384    HOUSTON                     77049     TX       PUD     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
35263326      SAN BERNARDINO              92407     CA       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35109933      GEORGETOWN                  78268     TX       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35083229      CINCINNATI                  45237     OH    Units 2-4     Investor        360     8/27/2004   10/1/2004   9/1/2034
34700518      PORT SAINT LUCIE            34953     FL       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35187632      RIALTO                      92377     CA       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
35250166      MAGNOLIA                    77355     TX       PUD     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34758623      EAST PROSPECT               17317     PA       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
35204114      SAN DIEGO                   92139     CA       PUD     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
4000162574    CLOVIS                      93612     CA       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
34900506      PORT ORANGE                 32128     FL       PUD     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35110527      SAN ANTONIO                 78244     TX       SFR        Investor        360     8/31/2004   10/1/2004   9/1/2034
4000168511    SACRAMENTO                  95816     CA    Units 2-4     Investor        360      8/4/2004   10/1/2004   9/1/2034
34753319      BRYANS ROAD                 20616     MD       PUD     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35204379      CHULA VISTA                 91913     CA       PUD     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
4000136212    TEMPE                       85281     AZ       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34076869      NORTH LAS VEGAS             89032     NV       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
34618397      ST. LOUIS                   63121     MO       SFR     Owner Occupied     360      7/8/2004    9/1/2004   8/1/2034
34844712      KANKAKEE                    60901     IL       SFR     Owner Occupied     360     7/15/2004    9/1/2004   8/1/2034
4000147519    OAK PARK                    48237     MI       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
35404292      STONE MOUNTAIN              30087     GA       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34991877      MINNEAPOLIS                 55411     MN    Units 2-4  Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34798413      OCEANSIDE                   92057     CA      Condo    Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
4000162804    DETROIT                     48205     MI       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35114396      DALLAS                      75232     TX       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34438721      WINSTON SALEM               27127     NC       SFR     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
34747477      ELLICOTT CITY               21043     MD       PUD     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
35285410      EASTON                      18042     PA       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34936393      MEDFORD                     97501     OR       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
34081042      LAS VEGAS                   89142     NV       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
34241893      PHOENIX                     85027     AZ       PUD     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
4000171214    SEASIDE                     93955     CA       PUD     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
34993980      GREEN BAY                   54303     WI       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
34965616      CARTHAGE                    46115     IN       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34898965      LARGO                       33778     FL       SFR        Investor        360      8/5/2004   10/1/2004   9/1/2034
4000166831    STOCKTON                    95203     CA       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
4000167474    SAN FRANCISCO               94109     CA    Condo >4   Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
35146596      DYERSBURG                   38024     TN       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
4000161442    WESTLAND                    48186     MI       SFR     Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
4000163664    COLUMBUS                    43207     OH       SFR     Owner Occupied     360     7/26/2004    9/1/2004   8/1/2034
4000176733    LAUDERHILL                  33313     FL       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000178526    EASTPOINTE                  48021     MI       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35073147      FOUNTAIN INN                29644     SC       PUD     Owner Occupied     360      8/3/2004    9/1/2004   8/1/2034
35073634      CONCORD                     28027     NC       PUD     Owner Occupied     360      8/6/2004    9/1/2004   8/1/2034
34718890      BARSTOW                     92311     CA       SFR     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
4000171250    SAN JOSE                    95124     CA       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
4000163584    MODESTO                     95356     CA       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
35155407      MURFREESBORO                37129     TN       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
4000166678    WESTLAND                    48185     MI       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
34354829      ANTIOCH                     94509     CA       SFR     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
34080044      HENDERSON                   89015     NV       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34898882      SANFORD                     32771     FL       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
4000176910    CLINTON TOWNSHIP            48035     MI       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34937813      REDMOND                     97756     OR       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
34867366      MOREAU                      12828     NY       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35345214      ANNANDALE                   22003     VA       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34790873      CALIFORNIA CITY             93505     CA       SFR     Owner Occupied     360     7/26/2004    9/1/2004   8/1/2034
34914135      DECATUR                     30034     GA       SFR     Owner Occupied     360     7/27/2004    9/1/2004   8/1/2034
34919555      RIPLEY                      38063     TN       SFR     Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
35005065      CANON CITY                  81212     CO       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34962902      EDINBORO                    16412     PA       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
34525667      LIBERTY                     64068     MO       PUD     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
35146414      DOUGLASVILLE                30134     GA       SFR        Investor        360      8/3/2004   10/1/2004   9/1/2034
34441212      CONCORD                     28027     NC       PUD     Owner Occupied     360     7/16/2004    9/1/2004   8/1/2034
33017021      INDIANAPOLIS                46260     IN       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
4000162914    DETROIT                     48235     MI       SFR     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
4000163085    SAN JOSE                    95130     CA       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
34901546      LAND O LAKES                34639     FL       PUD     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34379156      SLATINGTON                  18080     PA       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
33959347      CHULA VISTA                 91913     CA      Condo    Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
34963033      SPARTANSBURG                16434     PA       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
33460601      WEST CHESTER                19382     PA       PUD     Owner Occupied     360     6/21/2004    8/1/2004   7/1/2034
4000170282    CHEYENNE                    82001     WY       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35078047      DUNN                        28334     NC       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
4000173377    FOOTHILL RANCH              92610     CA       PUD     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35145739      ARLINGTON                   38002     TN       SFR     Owner Occupied     360      8/5/2004    9/1/2004   8/1/2034
4000172180    EVERETT                     98201     WA       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
34988436      EDINA                       55424     MN       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
33018540      ANDERSON                    46012     IN       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
35285493      HADDONFIELD                  8033     NJ       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
4000085146    GANSEVOORT                  12831     NY       SFR     Owner Occupied     360     7/26/2004    9/1/2004   8/1/2034
35132018      CAROL STREAM                60188     IL       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
4000174996    GROSSE ILE                  48138     MI       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000168104    DAVIE                       33314     FL       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34990598      FOREST LAKE                 55025     MN       PUD     Owner Occupied     360      8/2/2004    9/1/2004   8/1/2034
35082999      PITTSBURGH                  15227     PA       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
4000173612    MONTPELIER                  43543     OH       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34991349      WARSAW                      55087     MN       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
34930883      SALEM                       97305     OR       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
33335423      LADERA RANCH                92694     CA       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
35244755      LUBBOCK                     79414     TX       SFR     Owner Occupied     180     8/17/2004   10/1/2004   9/1/2019
35283589      HUMMELSTOWN                 17036     PA       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034

<CAPTION>
                                                                                      ORIGINAL
                                                                                      COMBAINED
              REMAINING     ORIGINAL   SCHEDULED                       PAID THRU       LOAN TO      OTS
  LOANID        TERM        BALANCE     BALANCE      RATE      P&I        DATE          VALUE   DELINQUENCY INDEX       MARGIN
------------------------------------------------------------------------------------------------------------------------------
<S>              <C>      <C>         <C>           <C>     <C>        <C>              <C>        <C>       <C>        <C>
4000167768       360       73,600.00   73,600.00     5.75     352.67   11/1/2004           80      0-29      6ML            4
4000166125       359      211,900.00  211,900.00    6.125   1,081.57   10/1/2004        79.99      0-29      6ML            4
35303064         359      315,000.00  314,999.99     7.75   2,034.38   10/1/2004        79.75      0-29      6ML        5.125
4000177380       359      235,000.00  235,000.00    7.375   1,444.27   10/1/2004          100      0-29      6ML        5.125
4000165134       359       76,000.00   76,000.00    7.375     467.08   10/1/2004           80      0-29      6ML        5.625
34992693         359       68,800.00   68,800.00    6.875     394.17   10/1/2004           80      0-29      6ML        5.375
34718692         359      280,000.00  280,000.00     5.75   1,341.67   10/1/2004           80      0-29      6ML        3.875
34755702         359      100,000.00   99,915.99    6.875     656.93   10/1/2004        78.13      0-29      6ML        4.875
4000167324       359      346,750.00  346,750.00    7.625   2,203.31   10/1/2004           95      0-29      6ML        5.625
34920280         358      104,000.00  103,859.96        8     763.12   10/1/2004           80      0-29      6ML        5.875
34921460         359      117,300.00  117,300.00    7.375     720.91   10/1/2004           85      0-29      6ML        5.625
4000164925       178      134,000.00  134,000.00        8     893.33    9/1/2004        44.67      0-29      FIX            0
35160381         359      147,000.00  146,901.36        8   1,078.64   10/1/2004          100      0-29      FIX            0
4000179384       359      216,000.00  215,839.70      7.5   1,510.30   10/1/2004           80      0-29      6ML        5.875
35263326         359      206,400.00  206,400.00     5.75        989   10/1/2004           80      0-29      6ML          4.5
35109933         359      203,800.00  203,628.77    6.875   1,338.83   10/1/2004           80      0-29      6ML          5.5
35083229         359      104,150.00  104,150.00    7.625     661.79   10/1/2004        89.98      0-29      6ML            6
34700518         359      190,800.00  190,684.41      8.5   1,467.09   10/1/2004           90      0-29      6ML          5.5
35187632         359      183,350.00  183,233.08     8.25   1,377.45   10/1/2004           95      0-29      6ML         6.75
35250166         359      107,200.00  107,116.37     7.25      731.3   10/1/2004        90.08      0-29      FIX            0
34758623         359       87,000.00   86,930.42    7.125     586.14   10/1/2004        81.31      0-29      6ML        5.625
35204114         359      380,000.00  380,000.00    6.375   2,018.75   10/1/2004           80      0-29      6ML            4
4000162574       359      158,400.00  158,400.00    6.375      841.5   10/1/2004           80      0-29      6ML        4.125
34900506         359      246,150.00  246,150.00    7.875   1,615.36   10/1/2004        99.99      0-29      6ML        5.875
35110527         359       37,700.00   37,668.32    6.875     247.67   10/1/2004           65      0-29      6ML        3.875
4000168511       359      397,500.00  397,500.00     5.75   1,904.69   10/1/2004           75      0-29      6ML        3.125
34753319         359      145,000.00  145,000.00    7.875     951.56   10/1/2004        79.89      0-29      6ML         5.25
35204379         359      396,000.00  396,000.00    5.875   1,938.75   10/1/2004           80      0-29      6ML            4
4000136212       359      205,000.00  205,000.00    5.999   1,024.83   10/1/2004        78.85      0-29      6ML        4.125
34076869         359       97,750.00   97,750.00     9.25     753.49   10/1/2004        82.84      0-29      6ML        7.125
34618397         358       59,400.00   59,317.95    7.875      430.7    9/1/2004           90      0-29      6ML         6.25
34844712         358      136,850.00  136,651.27    7.625     968.62   10/1/2004           85      0-29      6ML         5.75
4000147519       359      112,000.00  112,000.00     5.75     536.67   10/1/2004           80      0-29      6ML        3.625
35404292         359       93,600.00   93,600.00    6.375     497.25   10/1/2004           80      0-29      6ML         4.25
34991877         359      315,000.00  315,000.00     8.25   2,165.63   10/1/2004        82.89      0-29      6ML            7
34798413         359      332,000.00  332,000.00     6.75   1,867.50   10/1/2004           80      0-29      6ML        4.625
4000162804       359       74,550.00   74,513.33      9.5     626.86   10/1/2004        94.97      0-29      6ML         5.75
35114396         359      136,000.00  135,921.75     8.75   1,069.92   10/1/2004          100      0-29      FIX            0
34438721         358      118,650.00  118,650.00     8.25     815.72    9/1/2004           90      0-29      6ML         6.25
34747477         359      120,150.00  120,033.22    6.125     730.05   10/1/2004        40.73      0-29      6ML        3.625
35285410         359       75,000.00   74,957.95    8.875     596.74   10/1/2004          100      0-29      6ML         6.75
34936393         359      212,000.00  212,000.00      5.5     971.67   10/1/2004        78.85      0-29      6ML          3.5
34081042         359      202,500.00  202,500.00    6.875   1,160.16   10/1/2004           90      0-29      6ML        5.375
34241893         359       76,000.00   76,000.00     6.75      427.5   10/1/2004           80      0-29      6ML         4.75
4000171214       359      319,900.00  319,900.00     4.75   1,266.27   10/1/2004        79.99      0-29      6ML         3.75
34993980         359      125,400.00  125,306.93      7.5     876.82   10/1/2004           95      0-29      6ML        5.875
34965616         359       67,500.00   67,500.00     7.75     435.94   10/1/2004           90      0-29      6ML         6.25
34898965         359       98,000.00   98,000.00     6.99     570.85   10/1/2004        73.13      0-29      6ML          3.5
4000166831       359      237,500.00  237,500.00    5.625   1,113.28   10/1/2004           95      0-29      6ML         4.75
4000167474       359      440,000.00  440,000.00      5.5   2,016.67   10/1/2004           80      0-29      6ML        3.125
35146596         359       33,000.00   32,977.85        8     242.15   10/1/2004        78.57      0-29      6ML        5.625
4000161442       358      163,050.00  163,050.00    6.875     934.14    9/1/2004        79.98      0-29      6ML        5.125
4000163664       358       98,000.00   97,850.40    7.375     676.86    9/1/2004           70      0-29      FIX            0
4000176733       359      140,000.00  139,912.98    8.375   1,064.10   10/1/2004        88.05      0-29      FIX            0
4000178526       359      110,200.00  110,200.00        7     642.83   10/1/2004           95      0-29      6ML        5.375
35073147         358      103,850.00  103,666.23    6.625     664.97    9/1/2004        79.98      0-29      6ML            5
35073634         358      106,550.00  106,550.00    6.375     566.05    9/1/2004        79.98      0-29      6ML         4.25
34718890         359       83,900.00   83,900.00        7     489.42   10/1/2004        79.98      0-29      6ML         4.75
4000171250       359      499,500.00  499,500.00     6.75   2,809.69   10/1/2004           90      0-29      6ML        5.625
4000163584       359      262,000.00  262,000.00    6.125   1,337.29   10/1/2004           80      0-29      6ML         4.25
35155407         359       91,920.00   91,867.11     8.75     723.14   10/1/2004           80      0-29      6ML        6.625
4000166678       359      128,800.00  128,800.00    6.375     684.25   10/1/2004           80      0-29      6ML        4.125
34354829         359      254,700.00  254,700.00     8.25   1,751.06   10/1/2004           90      0-29      6ML        5.875
34080044         359      285,000.00  285,000.00     7.25   1,721.88   10/1/2004          100      0-29      6ML        5.875
34898882         359       99,000.00   98,916.83    6.875     650.36   10/1/2004           90      0-29      FIX            0
4000176910       359      159,000.00  158,919.71    9.375   1,322.48   10/1/2004          100      0-29      6ML            7
34937813         359      110,000.00  110,000.00    5.625     515.63   10/1/2004           80      0-29      6ML         4.25
34867366         359      225,250.00  224,996.64    6.375   1,405.27   10/1/2004           85      0-29      6ML          4.5
35345214         359      456,000.00  456,000.00     7.25   2,755.00   10/1/2004           95      0-29      6ML         5.25
34790873         358       96,000.00   95,864.04     7.75     687.76    9/1/2004        71.11      0-29      6ML        5.125
34914135         358      100,300.00  100,150.65      7.5     701.32    9/1/2004           85      0-29      FIX            0
34919555         358       79,200.00   79,096.03    8.125     588.06    9/1/2004           90      0-29      6ML          6.5
35005065         359      437,500.00  437,158.70     7.25   2,984.53   10/1/2004        94.09      0-29      FIX            0
34962902         359      104,500.00  104,500.00    7.125     620.47   10/1/2004           95      0-29      6ML          5.5
34525667         358      191,960.00  191,528.82    5.375   1,074.93   10/1/2004           80      0-29      6ML         3.75
35146414         359       96,800.00   96,714.59    6.625     619.83   10/1/2004           80      0-29      6ML            4
34441212         358      137,500.00  137,480.47    6.375     730.47    9/1/2004        79.99      0-29      6ML        3.625
33017021         359      130,500.00  130,500.00    7.125     774.84   10/1/2004           90      0-29      6ML          5.5
4000162914       358       91,200.00   91,200.00    7.625      579.5    9/1/2004           80      0-29      6ML         5.75
4000163085       359      437,600.00  437,600.00    5.625   2,051.25   10/1/2004           80      0-29      6ML        3.375
34901546         359      151,600.00  151,600.00    6.875     868.54   10/1/2004        79.99      0-29      6ML          4.5
34379156         359       78,800.00   78,727.02    6.375     491.61   10/1/2004           80      0-29      6ML        4.625
33959347         359      350,600.00  350,600.00      6.5   1,899.08   10/1/2004           80      0-29      6ML        4.125
34963033         359       38,650.00   38,621.31      7.5     270.25   10/1/2004        84.95      0-29      6ML        6.125
33460601         357      657,900.00  657,900.00    7.375   4,043.34    9/1/2004           90      0-29      6ML        5.625
4000170282       359      185,600.00  185,600.00    6.625   1,024.67   10/1/2004           80      0-29      6ML            5
35078047         359       74,900.00   74,865.05     9.75     643.51   10/1/2004          100      0-29      FIX            0
4000173377       359      552,000.00  551,700.00    5.999   2,759.54   10/1/2004           80      0-29      6ML         3.75
35145739         358      119,120.00  118,963.61    8.125     884.47    9/1/2004           80      0-29      FIX            0
4000172180       359      143,600.00  143,600.00      4.5      538.5   10/1/2004           80      0-29      6ML          3.5
34988436         359      227,500.00  227,500.00    6.625   1,255.99   10/1/2004           70      0-29      6ML          4.5
33018540         359       64,800.00   64,760.74      8.5     498.26   10/1/2004           90      0-29      FIX            0
35285493         359      637,500.00  636,990.20    7.125   4,294.96   10/1/2004           75      0-29      6ML        5.375
4000085146       358      221,500.00  221,126.75    6.875   1,455.10    9/1/2004        84.99      0-29      6ML        5.625
35132018         359      185,250.00  185,074.22     6.25   1,140.62   10/1/2004           95      0-29      6ML        5.125
4000174996       359      261,000.00  261,000.00    6.625   1,440.94   10/1/2004        89.29      0-29      6ML          5.5
4000168104       359      340,000.00  339,788.67    8.375   2,584.25   10/1/2004          100      0-29      6ML          5.5
34990598         358      151,450.00  151,450.00    5.625     709.92   10/1/2004        79.98      0-29      6ML        4.375
35082999         359       98,000.00   97,921.63    7.125     660.25   10/1/2004          100      0-29      6ML         5.75
4000173612       359       81,000.00   80,942.84     7.75     580.29   10/1/2004          100      0-29      FIX            0
34991349         359      156,700.00  156,700.00        8   1,044.67   10/1/2004        82.47      0-29      6ML        6.125
34930883         359      136,800.00  136,667.03    6.125     831.22   10/1/2004           95      0-29      6ML        4.875
33335423         359      709,650.00  709,650.00    6.625   3,917.86   10/1/2004           80      0-29      6ML          3.5
35244755         179       67,600.00   67,421.35        9     685.65   10/1/2004           80      0-29      FIX            0
35283589         359      296,100.00  295,869.01     7.25   2,019.93   10/1/2004           90      0-29      6ML            6

<CAPTION>
             INITIAL  PERIODIC                           PREPAYMENT
  LOANID       CAP      CAP       FLOOR    CEILING          TERM                                PREPAYMENT PENALTY
--------------------------------------------------------------------------------------------------------------------------
<S>             <C>      <C>      <C>       <C>              <C>                        <C>
4000167768      3        1         5.75      11.75           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000166125      3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
35303064        3        1         7.75      13.75           24                              6 mo.s interest less 20% obal
4000177380      3        1        7.375     13.375            0                                                       None
4000165134      3        1        7.375     13.375           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34992693        3        1        6.875     12.875           36                         min (2% prepaid, 60 days interest)
34718692        3        1         5.75      11.75           24                              6 mo.s interest less 20% obal
34755702        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
4000167324      3        1        7.625     13.625           24                              6 mo.s interest less 20% obal
34920280        3        1            8         14           24                              6 mo.s interest less 20% obal
34921460        3        1        7.375     13.375           24                              6 mo.s interest less 20% obal
4000164925      0        0            0          0           36                              6 mo.s interest less 20% obal
35160381        0        0            0          0           36                              6 mo.s interest less 20% obal
4000179384      3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
35263326        3        1         5.75      11.75           36                              6 mo.s interest less 20% obal
35109933        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
35083229        3        1        7.625     13.625           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34700518        3        1          8.5       14.5           24                              6 mo.s interest less 20% obal
35187632        3        1         8.25      14.25           24                              6 mo.s interest less 20% obal
35250166        0        0            0          0           36                              6 mo.s interest less 20% obal
34758623        3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
35204114        3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
4000162574      3        1        6.375     12.375           36                              6 mo.s interest less 20% obal
34900506        3        1        7.875     13.875           24                              6 mo.s interest less 20% obal
35110527        3        1        6.875     12.875           36                              6 mo.s interest less 20% obal
4000168511      1        1         5.75      11.75           24                              6 mo.s interest less 20% obal
34753319        3        1        7.875     13.875           24                              6 mo.s interest less 20% obal
35204379        3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
4000136212      3        1        5.999     11.999           36                              6 mo.s interest less 20% obal
34076869        3        1         9.25      15.25           24                              6 mo.s interest less 20% obal
34618397        3        1        7.875     13.875           36                                                 2% prepaid
34844712        3        1        7.625     13.625           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000147519      3        1         5.75      11.75           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35404292        3        1        6.375     12.375            0                                                       None
34991877        3        1         8.25      14.25           36                         min (2% prepaid, 60 days interest)
34798413        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
4000162804      3        1          9.5       15.5           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35114396        0        0            0          0           36                              6 mo.s interest less 20% obal
34438721        3        1         8.25      14.25            0                                                       None
34747477        3        1        6.125     12.125           36                              6 mo.s interest less 20% obal
35285410        3        1        8.875     14.875           24                              6 mo.s interest less 20% obal
34936393        3        1          5.5       11.5           24                              6 mo.s interest less 20% obal
34081042        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
34241893        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
4000171214      3        1         4.75      10.75           36                              6 mo.s interest less 20% obal
34993980        3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
34965616        3        1         7.75      13.75           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34898965        3        1         6.99      12.99           36                              6 mo.s interest less 20% obal
4000166831      3        1        5.625     11.625           36                              6 mo.s interest less 20% obal
4000167474      1        1          5.5       11.5           24                              6 mo.s interest less 20% obal
35146596        3        1            8         14           24                              6 mo.s interest less 20% obal
4000161442      3        1        6.875     12.875           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000163664      0        0            0          0           36                                                 1% prepaid
4000176733      0        0            0          0           36                              6 mo.s interest less 20% obal
4000178526      3        1            7         13           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35073147        3        1        6.625     12.625            0                                                       None
35073634        3        1        6.375     12.375            0                                                       None
34718890        3        1            7         13           24                              6 mo.s interest less 20% obal
4000171250      3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
4000163584      3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
35155407        3        1         8.75      14.75           24                              6 mo.s interest less 20% obal
4000166678      3        1        6.375     12.375           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34354829        3        1         8.25      14.25           24                              6 mo.s interest less 20% obal
34080044        3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
34898882        0        0            0          0           36                              6 mo.s interest less 20% obal
4000176910      3        1        9.375     15.375           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34937813        3        1        5.625     11.625           36                              6 mo.s interest less 20% obal
34867366        3        1        6.375     12.375            0                                                       None
35345214        3        1         7.25      13.25            0                                                       None
34790873        3        1         7.75      13.75           24                              6 mo.s interest less 20% obal
34914135        0        0            0          0            0                                                       None
34919555        3        1        8.125     14.125           24                              6 mo.s interest less 20% obal
35005065        0        0            0          0           36                              6 mo.s interest less 20% obal
34962902        3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
34525667        3        1        5.375     11.375           24                                                 2% prepaid
35146414        3        1        6.625     12.625            0                                                       None
34441212        3        1        6.375     12.375            0                                                       None
33017021        3        1        7.125     13.125           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000162914      3        1        7.625     13.625           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000163085      3        1        5.625     11.625           24                              6 mo.s interest less 20% obal
34901546        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
34379156        3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
33959347        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
34963033        3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
33460601        3        1        7.375     13.375           12                              6 mo.s interest less 20% obal
4000170282      3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
35078047        0        0            0          0            0                                                       None
4000173377      3        1        5.999     11.999           24                              6 mo.s interest less 20% obal
35145739        0        0            0          0           36                              6 mo.s interest less 20% obal
4000172180      1        1          4.5       10.5           36                              6 mo.s interest less 20% obal
34988436        3        1        6.625     12.625           36                         min (2% prepaid, 60 days interest)
33018540        0        0            0          0           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35285493        3        1        7.125     13.125            0                                                       None
4000085146      3        1        6.875     12.875            0                                                       None
35132018        3        1         6.25      12.25           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000174996      3        1        6.625     12.625           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000168104      3        1        8.375     14.375           24                              6 mo.s interest less 20% obal
34990598        3        1        5.625     11.625           36                         min (2% prepaid, 60 days interest)
35082999        3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
4000173612      0        0            0          0           36                                                 1% prepaid
34991349        3        1            8         14           36                         min (2% prepaid, 60 days interest)
34930883        3        1        6.125     12.125           36                              6 mo.s interest less 20% obal
33335423        3        1        6.625     12.625            0                                                       None
35244755        0        0            0          0            0                                                       None
35283589        3        1         7.25      13.25           36                              6 mo.s interest less 20% obal

<CAPTION>
                                              PAYMENT
              FIRST RATE      RATE RESET       RESET                                  MI
  LOANID      RESET DATE       FREQUENCY     FREQUENCY  PURPOSE   DIV  IO    IOTERM  FLAG
-----------------------------------------------------------------------------------------
<S>           <C>                  <C>            <C>  <C>         <C>  <C>    <C>    <C>
4000167768     10/1/2006           6              6    Purchase    N    Y      60     N
4000166125      9/1/2006           6              6    Purchase    N    Y      60     N
35303064        9/1/2006           6              6    C/O Refi    N    Y      60     N
4000177380      9/1/2006           6              6    Purchase    N    Y      60     N
4000165134      9/1/2006           6              6    Purchase    N    Y      60     N
34992693        9/1/2006           6              6    Purchase    N    Y      60     N
34718692        9/1/2006           6              6    Purchase    N    Y      60     N
34755702        9/1/2006           6              6    C/O Refi    N    N       0     N
4000167324      9/1/2006           6              6    C/O Refi    N    Y      60     N
34920280        8/1/2006           6              6    C/O Refi    N    N       0     N
34921460        9/1/2006           6              6    Purchase    N    Y      60     N
4000164925    00/00/0000           0              0    C/O Refi    N    Y      60     N
35160381      00/00/0000           0              0    Purchase    N    N       0     N
4000179384      9/1/2006           6              6    Purchase    N    N       0     N
35263326        9/1/2006           6              6    Purchase    N    Y      60     N
35109933        9/1/2006           6              6    Purchase    N    N       0     N
35083229        9/1/2006           6              6    Purchase    N    Y      60     Y
34700518        9/1/2006           6              6    Purchase    N    N       0     N
35187632        9/1/2006           6              6    C/O Refi    N    N       0     N
35250166      00/00/0000           0              0    R/T Refi    N    N       0     Y
34758623        9/1/2006           6              6    C/O Refi    N    N       0     Y
35204114        9/1/2009           6              6    Purchase    N    Y      60     N
4000162574      9/1/2009           6              6    Purchase    N    Y      60     N
34900506        9/1/2006           6              6    Purchase    N    Y      60     N
35110527        9/1/2007           6              6    C/O Refi    N    N       0     N
4000168511      3/1/2005           6              6    Purchase    N    Y      60     N
34753319        9/1/2006           6              6    C/O Refi    N    Y      60     N
35204379        9/1/2006           6              6    Purchase    N    Y      60     N
4000136212      9/1/2007           6              6    Purchase    N    Y      60     N
34076869        9/1/2006           6              6    C/O Refi    N    Y      60     N
34618397        8/1/2006           6              6    C/O Refi    N    N       0     Y
34844712        8/1/2006           6              6    C/O Refi    N    N       0     Y
4000147519      9/1/2006           6              6    Purchase    N    Y      60     N
35404292        9/1/2007           6              6    Purchase    N    Y      60     N
34991877        9/1/2006           6              6    Purchase    N    Y      60     N
34798413        9/1/2006           6              6    Purchase    N    Y      60     N
4000162804      9/1/2007           6              6    Purchase    N    N       0     Y
35114396      00/00/0000           0              0    Purchase    N    N       0     N
34438721        8/1/2007           6              6    R/T Refi    N    Y      60     N
34747477        9/1/2007           6              6    C/O Refi    N    N       0     N
35285410        9/1/2006           6              6    Purchase    N    N       0     N
34936393        9/1/2006           6              6    Purchase    N    Y      60     N
34081042        9/1/2006           6              6    Purchase    N    Y      60     Y
34241893        9/1/2006           6              6    Purchase    N    Y      60     N
4000171214      9/1/2006           6              6    Purchase    N    Y      60     N
34993980        9/1/2006           6              6    C/O Refi    N    N       0     N
34965616        9/1/2006           6              6    Purchase    N    Y      60     Y
34898965        9/1/2009           6              6    C/O Refi    N    Y      60     N
4000166831      9/1/2009           6              6    Purchase    N    Y      60     Y
4000167474      3/1/2005           6              6    C/O Refi    N    Y      60     N
35146596        9/1/2006           6              6    C/O Refi    N    N       0     N
4000161442      8/1/2006           6              6    Purchase    N    Y      60     N
4000163664    00/00/0000           0              0    R/T Refi    N    N       0     N
4000176733    00/00/0000           0              0    R/T Refi    N    N       0     Y
4000178526      9/1/2006           6              6    Purchase    N    Y      60     Y
35073147        8/1/2006           6              6    Purchase    N    N       0     N
35073634        8/1/2007           6              6    Purchase    N    Y      60     N
34718890        9/1/2007           6              6    Purchase    N    Y      60     N
4000171250      9/1/2006           6              6    Purchase    N    Y      60     N
4000163584      9/1/2006           6              6    Purchase    N    Y      60     N
35155407        9/1/2006           6              6    Purchase    N    N       0     N
4000166678      9/1/2006           6              6    Purchase    N    Y      60     N
34354829        9/1/2006           6              6    Purchase    N    Y      60     N
34080044        9/1/2006           6              6    Purchase    N    Y      60     N
34898882      00/00/0000           0              0    C/O Refi    N    N       0     Y
4000176910      9/1/2006           6              6    R/T Refi    N    N       0     N
34937813        9/1/2007           6              6    Purchase    N    Y      60     N
34867366        9/1/2007           6              6    C/O Refi    N    N       0     N
35345214        9/1/2006           6              6    Purchase    N    Y      60     Y
34790873        8/1/2006           6              6    R/T Refi    N    N       0     N
34914135      00/00/0000           0              0    C/O Refi    N    N       0     Y
34919555        8/1/2006           6              6    R/T Refi    N    N       0     Y
35005065      00/00/0000           0              0    C/O Refi    N    N       0     Y
34962902        9/1/2006           6              6    Purchase    N    Y      60     Y
34525667        8/1/2006           6              6    Purchase    N    N       0     N
35146414        9/1/2006           6              6    C/O Refi    N    N       0     N
34441212        8/1/2009           6              6    Purchase    N    Y      60     N
33017021        9/1/2006           6              6    R/T Refi    N    Y      60     N
4000162914      8/1/2006           6              6    Purchase    N    Y      60     N
4000163085      9/1/2009           6              6    Purchase    N    Y      60     N
34901546        9/1/2009           6              6    Purchase    N    Y      60     N
34379156        9/1/2006           6              6    Purchase    N    N       0     N
33959347        9/1/2006           6              6    Purchase    N    Y      60     N
34963033        9/1/2006           6              6    Purchase    N    N       0     N
33460601        7/1/2006           6              6    Purchase    N    Y      60     Y
4000170282      9/1/2006           6              6    Purchase    N    Y      60     N
35078047      00/00/0000           0              0    Purchase    N    N       0     N
4000173377      9/1/2009           6              6    R/T Refi    N    Y      60     N
35145739      00/00/0000           0              0    Purchase    N    N       0     N
4000172180      3/1/2005           6              6    Purchase    N    Y      60     N
34988436        9/1/2006           6              6    C/O Refi    N    Y      60     N
33018540      00/00/0000           0              0    Purchase    N    N       0     Y
35285493        9/1/2006           6              6    Purchase    N    N       0     N
4000085146      8/1/2007           6              6    Purchase    N    N       0     Y
35132018        9/1/2006           6              6    Purchase    N    N       0     Y
4000174996      9/1/2006           6              6    R/T Refi    N    Y      60     Y
4000168104      9/1/2006           6              6    Purchase    N    N       0     N
34990598        8/1/2006           6              6    Purchase    N    Y      60     N
35082999        9/1/2006           6              6    Purchase    N    N       0     N
4000173612    00/00/0000           0              0    Purchase    N    N       0     N
34991349        9/1/2007           6              6    R/T Refi    N    Y      60     N
34930883        9/1/2007           6              6    Purchase    N    N       0     Y
33335423        9/1/2006           6              6    Purchase    N    Y      60     N
35244755      00/00/0000           0              0    C/O Refi    N    N       0     N
35283589        9/1/2007           6              6    Purchase    N    N       0     Y
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
                                                          PROPERTY                    ORIGINAL ORIGINATION  FIRST PAY   MATURITY
  LOANID              CITY                 ZIP    STATE     TYPE       OCCUPANCY        TERM      DATE        DATE        DATE
--------------------------------------------------------------------------------------------------------------------------------
<S>           <C>                         <C>       <C>   <C>        <C>                <C>     <C>         <C>         <C>
33016551      TERRE HAUTE                 47802     IN       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
4000163151    GRAND RAPIDS                49506     MI       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
35008333      DENVER                      80239     CO       SFR     Owner Occupied     360      8/6/2004    9/1/2004   8/1/2034
34660290      DES MOINES                  50313     IA       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34997908      BROOKLYN PARK               55443     MN       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
35091552      HAMILTON                    45011     OH       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34863845      VALATIE                     12184     NY       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35112457      RALLS                       79357     TX       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
35151125      MEMPHIS                     38128     TN      Condo    Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
4000171904    CANOGA PARK AREA            91306     CA      Condo    Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
34996231      NORTH BRANCH                55056     MN       SFR        Investor        360     8/18/2004   10/1/2004   9/1/2034
34901355      WINTER GARDEN               34787     FL       PUD     Owner Occupied     360      8/2/2004    9/1/2004   8/1/2034
34990515      MILLTOWN                    54858     WI       SFR     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
35082197      BOARDMAN                    44512     OH       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
35147818      STONE MOUNTAIN              30087     GA       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
4000160059    REDFORD                     48240     MI       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
4000169347    STONE MOUNTAIN              30083     GA       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
4000086985    PAHRUMP                     89048     NV       SFR     Owner Occupied     360      8/3/2004    9/1/2004   8/1/2034
4000143443    GRIDLEY                     95948     CA       SFR     Owner Occupied     360     5/19/2004    7/1/2004   6/1/2034
4000172712    LAKE ARROWHEAD              92352     CA       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
34034355      MANSFIELD                    2048     MA      Condo    Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
4000171963    SPOKANE                     99205     WA       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
4000162418    TUCSON                      85737     AZ       PUD     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
4000174246    WORCESTER                    1603     MA       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
4000167910    PERRIS                      92571     CA       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
4000178438    BATH                        48808     MI       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
4000170390    TACOMA                      98444     WA       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
4000178829    LEAGUE CITY                 77573     TX       PUD     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
4000166700    TACOMA                      98418     WA       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
4000165446    SAN JOSE                    95138     CA       PUD     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
35010487      COLORADO SPRINGS            80917     CO       SFR     Owner Occupied     360      8/2/2004    9/1/2004   8/1/2034
35013424      COLORADO SPRINGS            80921     CO       PUD     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34991919      OAKDALE                     55128     MN       SFR     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
34220616      BRAINERD                    56401     MN       SFR     Owner Occupied     360      7/1/2004    9/1/2004   8/1/2034
34918359      ACWORTH                     30101     GA       PUD     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
35010560      CENTENNIAL                  80015     CO       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
33881384      OSHKOSH                     54901     WI       SFR     Owner Occupied     360      7/8/2004    9/1/2004   8/1/2034
35228121      MIAMI                       33142     FL       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
34715771      LAKE ARROWHEAD              92352     CA       SFR     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
34957365      BAKERSFIELD                 93314     CA       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
34998997      BROOKLYN CENTER             55429     MN       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
4000177054    LEWIS CENTER                43035     OH       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
34919530      MEMPHIS                     38127     TN       SFR     Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
4000157164    ARLINGTON                   38002     TN       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
4000154521    CASTRO VALLEY               94546     CA       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
34965483      GREENSBURG                  15601     PA       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34939322      PORTLAND                    97211     OR       PUD     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
35222009      ST. CLOUD                   34769     FL       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000167796    ANTIOCH                     94531     CA       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
35113547      AUBREY                      76227     TX       PUD     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
34800839      VISTA                       92083     CA       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
35007145      BOULDER                     80305     CO       PUD     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34526277      ANDOVER                     67002     KS       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
4000169550    GOODYEAR                    85338     AZ       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34977041      HAMILTON                    45013     OH       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
35153709      HIRAM                       30141     GA       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
35262468      RANCHO CUCAMONGA            91730     CA       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
4000172250    EFFINGHAM                    3814     NH       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35160886      DOUGLASVILLE                30135     GA       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
35345461      BOWIE                       20720     MD       PUD     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
4000177234    ENFIELD                      6082     CT       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34561787      MANSFIELD                   76063     TX       SFR     Owner Occupied     360      8/5/2004    9/1/2004   8/1/2034
34927822      LA PINE                     97739     OR       PUD     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
34927954      SALEM                       97305     OR       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
4000157522    FLUSHING                    48433     MI       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
4000161043    INKSTER                     48141     MI       SFR     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
34801084      SAN DIEGO                   92130     CA      Condo    Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
35068923      MOORESVILLE                 28117     NC       PUD     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
35182013      LOS ANGELES                 90045     CA    Units 2-4  Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
4000165774    WARREN                      48089     MI       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
4000165889    LANCASTER                   93534     CA       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
34979559      LOUISVILLE                  40272     KY       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
4000166103    GROSSE POINTE               48236     MI       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
34720730      SAN BERNARDINO              92404     CA       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
34867416      POUGHKEEPSIE                12601     NY       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35149541      SNELLVILLE                  30039     GA       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35185610      GARDENA                     90249     CA       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
4000167862    TACOMA                      98407     WA       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
4000168268    CHULA VISTA                 91911     CA       PUD     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
32736811      CINCINNATI                  45237     OH       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
34644336      MILWAUKEE                   53208     WI       SFR     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
34956144      HIGHLAND                    92346     CA       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
34975565      NASHVILLE                   37221     TN       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35105758      MESQUITE                    75181     TX       PUD     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
33018797      JACKSONVILLE                72076     AR       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34529164      GUYMON                      73942     OK       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34996256      FARMINGTON                  55024     MN       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
35035260      INGLEWOOD                   90305     CA       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
35114560      SAN MARCOS                  78666     TX       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35129600      GARY                        46408     IN       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
35158385      MEMPHIS                     38128     TN       SFR     Owner Occupied     180     8/24/2004   10/1/2004   9/1/2019
35193515      GARDENA                     90248     CA       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35208982      YUCAIPA                     92399     CA      Condo    Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
4000174185    STOCKTON                    95206     CA       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34897520      LUTZ                        33558     FL       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
34886903      FORT MEADE                  33841     FL       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
35090364      WESTERVILLE                 43081     OH       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34720326      CATHEDRAL CITY              92234     CA       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
34896704      JACKSONVILLE                32225     FL       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
35154814      STONE MOUNTAIN              30087     GA       SFR        Investor        360     8/24/2004   10/1/2004   9/1/2034
34658070      SAINT LOUIS                 63120     MO       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
4000164942    BAYFIELD                    81122     CO       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34610345      ALGONQUIN                   60102     IL       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34954735      SAN MARCOS                  92078     CA       SFR     Owner Occupied     360     7/21/2004    9/1/2004   8/1/2034
35106194      WICHITA FALLS               76306     TX       SFR     Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034

<CAPTION>
                                                                                      ORIGINAL
                                                                                      COMBAINED
              REMAINING     ORIGINAL   SCHEDULED                       PAID THRU       LOAN TO      OTS
  LOANID        TERM        BALANCE     BALANCE      RATE      P&I        DATE          VALUE   DELINQUENCY INDEX       MARGIN
------------------------------------------------------------------------------------------------------------------------------
<S>              <C>      <C>         <C>           <C>     <C>        <C>              <C>        <C>       <C>        <C>
33016551         359      140,000.00  139,905.87     7.99   1,026.30   10/1/2004        84.85      0-29      FIX            0
4000163151       359      115,600.00  115,479.31     5.75     674.61   10/1/2004           80      0-29      6ML        3.375
35008333         358      127,920.00  127,919.99    5.875     626.28    9/1/2004           80      0-29      6ML         3.75
34660290         359       91,900.00   91,839.88    8.125     682.36   10/1/2004          100      0-29      FIX            0
34997908         359      171,900.00  171,900.00      6.5     931.13   10/1/2004        79.99      0-29      6ML         4.25
35091552         359      680,000.00  680,000.00    6.375   3,612.50   10/1/2004           80      0-29      6ML            4
34863845         359      161,500.00  161,409.46    8.875   1,284.97   10/1/2004           85      0-29      6ML        7.375
35112457         359       80,550.00   80,498.63     8.25     605.15   10/1/2004           90      0-29      6ML          5.5
35151125         359       52,000.00   52,000.00      6.5     281.67   10/1/2004           80      0-29      6ML            4
4000171904       359      361,800.00  361,800.00    7.875   2,374.31   10/1/2004        86.14      0-29      6ML        5.875
34996231         359      168,300.00  168,300.00    7.125     999.28   10/1/2004           90      0-29      6ML         5.25
34901355         358       72,000.00   71,921.05        9     579.33    9/1/2004           90      0-29      6ML         7.25
34990515         358      182,400.00  182,121.55    7.375   1,259.80    9/1/2004        89.85      0-29      6ML            6
35082197         359       91,000.00   91,000.00    7.875     597.19   10/1/2004        79.13      0-29      6ML         5.25
35147818         359      143,000.00  142,888.44     7.25     975.52   10/1/2004        91.08      0-29      FIX            0
4000160059       359      119,700.00  119,700.00    6.625     660.84   10/1/2004           90      0-29      6ML        5.375
4000169347       359      130,600.00  130,495.56    7.125     879.88   10/1/2004        94.98      0-29      FIX            0
4000086985       358      180,000.00  179,681.50    6.625   1,152.56    9/1/2004           80      0-29      FIX            0
4000143443       356      160,000.00  160,000.00     5.25        700    8/1/2004           80      0-29      6ML            4
4000172712       359      255,100.00  255,100.00      6.5   1,381.79   10/1/2004        79.99      0-29      6ML        4.125
34034355         359      159,900.00  159,800.61    8.375   1,215.36   10/1/2004          100      0-29      FIX            0
4000171963       359       97,750.00   97,679.25    7.625     691.87   10/1/2004           85      0-29      6ML            6
4000162418       359      144,000.00  144,000.00    6.125        735   10/1/2004           80      0-29      6ML            4
4000174246       359      234,000.00  234,000.00    7.375   1,438.12   10/1/2004        99.15      0-29      6ML         5.75
4000167910       359      216,750.00  216,750.00    5.875   1,061.17   10/1/2004           85      0-29      6ML        4.375
4000178438       359      117,500.00  117,500.00      7.5     734.37   10/1/2004          100      0-29      6ML        5.875
4000170390       359      163,200.00  163,200.00    6.125        833   10/1/2004           80      0-29      6ML        4.375
4000178829       359      240,000.00  239,788.25    6.625   1,536.75   10/1/2004          100      0-29      6ML          5.5
4000166700       359      168,000.00  168,000.00      6.5        910   10/1/2004           80      0-29      6ML            4
4000165446       359      616,000.00  616,000.00      6.5   3,336.67   10/1/2004           80      0-29      6ML        3.625
35010487         358      178,500.00  178,234.23      7.5   1,248.10    9/1/2004        81.14      0-29      FIX            0
35013424         359      210,156.00  210,156.00     5.75   1,007.00   10/1/2004           80      0-29      6ML        3.875
34991919         358      224,800.00  224,372.27     6.25   1,384.14    9/1/2004           80      0-29      6ML        4.625
34220616         358      105,000.00  104,869.01    8.375     798.08    9/1/2004           84      0-29      6ML        6.625
34918359         358      198,550.00  197,931.75        6   1,190.41    9/1/2004        69.91      0-29      6ML          3.5
35010560         359      173,200.00  173,200.00     5.99     864.56   10/1/2004           80      0-29      6ML         3.75
33881384         358      117,300.00  117,174.06    9.125      954.4    9/1/2004           85      0-29      6ML         5.75
35228121         359       85,000.00   84,928.59    6.875     558.39   10/1/2004          100      0-29      6ML          5.5
34715771         358      228,000.00  228,000.00    5.875   1,116.25    9/1/2004           80      0-29      6ML            4
34957365         359      212,500.00  212,350.02     7.75   1,522.38   10/1/2004           85      0-29      6ML        6.125
34998997         359      159,900.00  159,900.00        6      799.5   10/1/2004        79.99      0-29      6ML          4.5
4000177054       359      349,900.00  349,900.00      7.5   2,186.87   10/1/2004          100      0-29      6ML         5.75
34919530         358       64,600.00   64,527.29    8.875     513.99    9/1/2004           85      0-29      6ML         6.75
4000157164       359      215,100.00  215,100.00    6.625   1,187.53   10/1/2004        79.99      0-29      6ML        4.375
4000154521       359      356,400.00  356,400.00      6.5   1,930.50   10/1/2004           80      0-29      6ML        4.125
34965483         359       86,000.00   86,000.00      8.5     609.17   10/1/2004          100      0-29      FIX            0
34939322         359      138,150.00  138,150.00     6.75     777.09   10/1/2004        79.99      0-29      6ML        4.875
35222009         359       96,900.00   96,842.79    8.625     753.68   10/1/2004           85      0-29      6ML            7
4000167796       359      297,500.00  297,284.67    7.625   2,105.69   10/1/2004           85      0-29      6ML        5.625
35113547         359      108,400.00  108,400.00    6.875     621.04   10/1/2004        79.97      0-29      6ML        4.875
34800839         359      325,000.00  325,000.00     7.75   2,098.96   10/1/2004        75.06      0-29      6ML        5.125
35007145         359      495,000.00  495,000.00        7   2,887.50   10/1/2004        76.15      0-29      FIX            0
34526277         359      218,500.00  218,345.78     7.75   1,565.37   10/1/2004           95      0-29      FIX            0
4000169550       359      200,000.00  199,541.67     6.25   1,231.43   10/1/2004           80      0-29      6ML        4.625
34977041         359      127,000.00  126,923.05      8.5     976.53   10/1/2004          100      0-29      6ML            6
35153709         359       92,000.00   92,000.00      8.5     651.67   10/1/2004        83.64      0-29      6ML        6.625
35262468         359      292,500.00  292,499.31     6.75   1,645.31   10/1/2004           90      0-29      6ML            5
4000172250       359      108,000.00  107,925.68    7.875     783.07   10/1/2004           90      0-29      6ML         4.75
35160886         359      124,900.00  124,900.00    8.125     845.68   10/1/2004          100      0-29      6ML        5.875
35345461         359      344,250.00  344,250.00    7.625   2,187.42   10/1/2004           85      0-29      6ML            6
4000177234       359      139,500.00  139,411.04     8.25   1,048.02   10/1/2004           90      0-29      6ML         6.25
34561787         358      210,050.00  209,669.19      6.5   1,327.66    9/1/2004        79.98      0-29      6ML          4.5
34927822         359      121,750.00  121,637.23    6.375     759.57   10/1/2004        71.62      0-29      6ML          3.5
34927954         359      147,500.00  147,500.00    8.625   1,060.16   10/1/2004        79.99      0-29      6ML            6
4000157522       359      199,000.00  198,880.20    8.625   1,547.80   10/1/2004        94.76      0-29      6ML         7.25
4000161043       358      100,800.00  100,800.00    9.625      808.5    9/1/2004           90      0-29      6ML         7.75
34801084         359      540,000.00  540,000.00    6.375   2,868.75   10/1/2004           80      0-29      6ML         4.25
35068923         358      176,800.00  176,573.74     8.25   1,328.24    9/1/2004           85      0-29      FIX            0
35182013         359      520,000.00  520,000.00    6.125   2,654.17   10/1/2004           80      0-29      6ML         3.75
4000165774       359       73,600.00   73,539.67        7     489.66   10/1/2004           80      0-29      6ML         5.75
4000165889       359      155,200.00  155,200.00     6.75        873   10/1/2004           80      0-29      6ML          4.5
34979559         359       84,000.00   84,000.00    6.875     481.25   10/1/2004           80      0-29      6ML         4.75
4000166103       359      270,000.00  269,814.19    7.875   1,957.69   10/1/2004        74.18      0-29      6ML        5.625
34720730         359      183,900.00  183,900.00     6.25     957.81   10/1/2004        79.99      0-29      6ML        3.875
34867416         359      216,000.00  215,851.35    7.875   1,566.15   10/1/2004           80      0-29      6ML            6
35149541         359      176,500.00  176,365.69    7.375   1,219.05   10/1/2004        89.59      0-29      6ML        6.125
35185610         359      225,000.00  224,810.96    6.875   1,478.10   10/1/2004        53.57      0-29      6ML        4.875
4000167862       359      259,200.00  259,038.89    8.375   1,970.11   10/1/2004           90      0-29      6ML        6.625
4000168268       359      243,000.00  243,000.00    6.625   1,341.56   10/1/2004           90      0-29      6ML          5.5
32736811         359       79,900.00   79,832.87    6.875     524.89   10/1/2004        79.98      0-29      6ML         5.25
34644336         359       91,200.00   91,130.60    7.375      629.9   10/1/2004           80      0-29      6ML         5.25
34956144         359      229,600.00  229,600.00     5.75   1,100.17   10/1/2004           80      0-29      6ML        3.875
34975565         359      161,000.00  160,889.19    7.875   1,167.37   10/1/2004        93.06      0-29      FIX            0
35105758         359      128,000.00  127,869.50    5.875     757.17   10/1/2004           80      0-29      6ML            4
33018797         359       63,750.00   63,707.22        8     467.78   10/1/2004          100      0-29      6ML        6.125
34529164         359       78,000.00   77,962.63    9.625        663   10/1/2004          100      0-29      6ML          7.5
34996256         359      170,100.00  170,100.00     7.25   1,027.69   10/1/2004           90      0-29      6ML        5.875
35035260         359      436,500.00  436,500.00    6.625   2,409.84   10/1/2004           90      0-29      6ML            5
35114560         359      204,000.00  202,664.33      7.5   1,275.00   10/1/2004        87.93      0-29      6ML         5.75
35129600         359       31,500.00   31,476.62      7.5     220.26   10/1/2004        54.31      0-29      FIX            0
35158385         179      128,725.00  128,327.62     7.25   1,175.09   10/1/2004           95      0-29      FIX            0
35193515         359      513,000.00  512,476.97    5.875   3,034.59   10/1/2004        88.75      0-29      6ML         4.75
35208982         359      285,500.00  285,500.00     7.99   1,900.95   10/1/2004          100      0-29      6ML        5.625
4000174185       359      240,000.00  240,000.00    6.375   1,275.00   10/1/2004           80      0-29      6ML        3.875
34897520         359      145,000.00  144,889.67    7.375   1,001.48   10/1/2004        69.05      0-29      6ML        5.125
34886903         359      179,500.00  179,366.78      7.5   1,255.10   10/1/2004        89.75      0-29      6ML            6
35090364         359      136,800.00  136,800.00     7.25      826.5   10/1/2004           90      0-29      6ML        5.625
34720326         359      192,000.00  192,000.00    5.625        900   10/1/2004           80      0-29      6ML         3.75
34896704         359       91,000.00   90,935.77     7.75     651.94   10/1/2004        78.45      0-29      6ML        5.375
35154814         359      249,300.00  249,300.00        8   1,662.00   10/1/2004           90      0-29      6ML        5.875
34658070         359       45,000.00   44,960.30    6.625     288.14   10/1/2004        80.36      0-29      6ML        5.125
4000164942       359      220,000.00  220,000.00     6.25   1,145.83   10/1/2004           80      0-29      6ML        4.625
34610345         359      234,650.00  234,475.85      7.5   1,640.71   10/1/2004           95      0-29      6ML        6.375
34954735         358      444,250.00  443,275.25      5.5   2,522.41    9/1/2004        79.99      0-29      6ML        3.875
35106194         358       47,200.00   47,127.52    7.375        326   10/1/2004           80      0-29      6ML          5.5

<CAPTION>
             INITIAL  PERIODIC                           PREPAYMENT
  LOANID       CAP      CAP       FLOOR    CEILING          TERM                                PREPAYMENT PENALTY
--------------------------------------------------------------------------------------------------------------------------
<S>             <C>      <C>      <C>       <C>              <C>                        <C>
33016551        0        0            0          0           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000163151      3        1         5.75      11.75           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35008333        3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
34660290        0        0            0          0            0                                                       None
34997908        3        1          6.5       12.5           36                         min (2% prepaid, 60 days interest)
35091552        3        1        6.375     12.375           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34863845        3        1        8.875     14.875            0                                                       None
35112457        3        1         8.25      14.25           36                              6 mo.s interest less 20% obal
35151125        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
4000171904      3        1        7.875     13.875           24                              6 mo.s interest less 20% obal
34996231        3        1        7.125     13.125           36                         min (2% prepaid, 60 days interest)
34901355        3        1            9         15           24                              6 mo.s interest less 20% obal
34990515        3        1        7.375     13.375           36                              6 mo.s interest less 20% obal
35082197        3        1        7.875     13.875           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35147818        0        0            0          0            0                                                       None
4000160059      3        1        6.625     12.625           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000169347      0        0            0          0            0                                                       None
4000086985      0        0            0          0           36                              6 mo.s interest less 20% obal
4000143443      3        1         5.25      11.25           24                              6 mo.s interest less 20% obal
4000172712      3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
34034355        0        0            0          0           36                                             3 mos interest
4000171963      3        1        7.625     13.625           24                              6 mo.s interest less 20% obal
4000162418      3        1        6.125     12.125           36                              6 mo.s interest less 20% obal
4000174246      3        1        7.375     13.375           24                              6 mo.s interest less 20% obal
4000167910      3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
4000178438      3        1          7.5       13.5           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000170390      3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
4000178829      3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
4000166700      3        1          6.5       12.5           36                              6 mo.s interest less 20% obal
4000165446      3        1          6.5       12.5            0                                                       None
35010487        0        0            0          0           24                              6 mo.s interest less 20% obal
35013424        3        1         5.75      11.75           24                              6 mo.s interest less 20% obal
34991919        3        1         6.25      12.25           36                         min (2% prepaid, 60 days interest)
34220616        3        1        8.375     14.375           24                         min (2% prepaid, 60 days interest)
34918359        2        1            6         12            0                                                       None
35010560        3        1         5.99      11.99           36                              6 mo.s interest less 20% obal
33881384        3        1        9.125     15.125           24                              6 mo.s interest less 20% obal
35228121        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
34715771        3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
34957365        3        1         7.75      13.75           24                              6 mo.s interest less 20% obal
34998997        3        1            6         12           36                         min (2% prepaid, 60 days interest)
4000177054      3        1          7.5       13.5           12                              3%/2%/1%-1st yr/2nd yr/3rd yr
34919530        3        1        8.875     14.875           24                              6 mo.s interest less 20% obal
4000157164      3        1        6.625     12.625           12                              6 mo.s interest less 20% obal
4000154521      3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
34965483        0        0            0          0           36                              6 mo.s interest less 20% obal
34939322        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
35222009        3        1        8.625     14.625           36                              6 mo.s interest less 20% obal
4000167796      3        1        7.625     13.625           24                              6 mo.s interest less 20% obal
35113547        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
34800839        3        1         7.75      13.75           24                              6 mo.s interest less 20% obal
35007145        0        0            0          0           36                              6 mo.s interest less 20% obal
34526277        0        0            0          0            0                                                       None
4000169550      3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
34977041        3        1          8.5       14.5           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35153709        3        1          8.5       14.5            0                                                       None
35262468        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
4000172250      3        1        7.875     13.875           24                              6 mo.s interest less 20% obal
35160886        3        1        8.125     14.125            0                                                       None
35345461        3        1        7.625     13.625           24                              6 mo.s interest less 20% obal
4000177234      3        1         8.25      14.25           24                              6 mo.s interest less 20% obal
34561787        3        1          6.5       12.5           36                              6 mo.s interest less 20% obal
34927822        3        1        6.375     12.375            0                                                       None
34927954        3        1        8.625     14.625           24                              6 mo.s interest less 20% obal
4000157522      3        1        8.625     14.625           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000161043      3        1        9.625     15.625           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34801084        3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
35068923        0        0            0          0            0                                                       None
35182013        3        1        6.125     12.125           36                              6 mo.s interest less 20% obal
4000165774      3        1            7         13           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000165889      3        1         6.75      12.75           36                              6 mo.s interest less 20% obal
34979559        3        1        6.875     12.875           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000166103      3        1        7.875     13.875           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34720730        3        1         6.25      12.25           36                              6 mo.s interest less 20% obal
34867416        3        1        7.875     13.875            0                                                       None
35149541        3        1        7.375     13.375            0                                                       None
35185610        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
4000167862      3        1        8.375     14.375           24                              6 mo.s interest less 20% obal
4000168268      3        1        6.625     12.625           36                              6 mo.s interest less 20% obal
32736811        3        1        6.875     12.875           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34644336        3        1        7.375     13.375           24                              6 mo.s interest less 20% obal
34956144        3        1         5.75      11.75           24                              6 mo.s interest less 20% obal
34975565        0        0            0          0           36                              6 mo.s interest less 20% obal
35105758        3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
33018797        3        1            8         14           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34529164        3        1        9.625     15.625           24                              6 mo.s interest less 20% obal
34996256        3        1         7.25      13.25           36                         min (2% prepaid, 60 days interest)
35035260        3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
35114560        3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
35129600        0        0            0          0           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35158385        0        0            0          0           36                              6 mo.s interest less 20% obal
35193515        3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
35208982        3        1         7.99      13.99           24                              6 mo.s interest less 20% obal
4000174185      3        1        6.375     12.375           36                              6 mo.s interest less 20% obal
34897520        3        1        7.375     13.375           36                              6 mo.s interest less 20% obal
34886903        3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
35090364        3        1         7.25      13.25           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34720326        3        1        5.625     11.625           24                              6 mo.s interest less 20% obal
34896704        3        1         7.75      13.75           24                              6 mo.s interest less 20% obal
35154814        3        1            8         14            0                                                       None
34658070        3        1        6.625     12.625           24                                                 2% prepaid
4000164942      3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
34610345        3        1          7.5       13.5           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34954735        3        1          5.5       11.5           24                              6 mo.s interest less 20% obal
35106194        3        1        7.375     13.375            0                                                       None

<CAPTION>
                                              PAYMENT
              FIRST RATE      RATE RESET       RESET                                  MI
  LOANID      RESET DATE       FREQUENCY     FREQUENCY  PURPOSE   DIV  IO    IOTERM  FLAG
-----------------------------------------------------------------------------------------
<S>           <C>                  <C>            <C>  <C>         <C>  <C>    <C>    <C>
33016551      00/00/0000           0              0    C/O Refi    N    N       0     N
4000163151      9/1/2009           6              6    Purchase    N    N       0     N
35008333        8/1/2006           6              6    Purchase    N    Y      60     N
34660290      00/00/0000           0              0    Purchase    N    N       0     Y
34997908        9/1/2009           6              6    Purchase    N    Y      60     N
35091552        9/1/2006           6              6    Purchase    N    Y      60     N
34863845        9/1/2006           6              6    Purchase    N    N       0     Y
35112457        9/1/2009           6              6    Purchase    N    N       0     N
35151125        9/1/2006           6              6    Purchase    N    Y      60     N
4000171904      9/1/2006           6              6    C/O Refi    N    Y      60     N
34996231        9/1/2006           6              6    Purchase    N    Y      60     Y
34901355        8/1/2006           6              6    Purchase    N    N       0     Y
34990515        8/1/2007           6              6    C/O Refi    N    N       0     N
35082197        9/1/2007           6              6    C/O Refi    N    Y      60     N
35147818      00/00/0000           0              0    C/O Refi    N    N       0     Y
4000160059      9/1/2006           6              6    C/O Refi    N    Y      60     N
4000169347    00/00/0000           0              0    Purchase    N    N       0     Y
4000086985    00/00/0000           0              0    Purchase    N    N       0     N
4000143443      6/1/2006           6              6    Purchase    N    Y      60     N
4000172712      9/1/2009           6              6    Purchase    N    Y      60     N
34034355      00/00/0000           0              0    Purchase    N    N       0     Y
4000171963      9/1/2006           6              6    C/O Refi    N    N       0     Y
4000162418      9/1/2007           6              6    Purchase    N    Y      60     N
4000174246      9/1/2006           6              6    Purchase    N    Y      60     N
4000167910      9/1/2009           6              6    Purchase    N    Y      60     Y
4000178438      9/1/2006           6              6    Purchase    N    Y      60     N
4000170390      9/1/2006           6              6    Purchase    N    Y      60     N
4000178829      9/1/2006           6              6    Purchase    N    N       0     Y
4000166700      9/1/2009           6              6    C/O Refi    N    Y      60     N
4000165446      9/1/2006           6              6    Purchase    N    Y      60     N
35010487      00/00/0000           0              0    C/O Refi    N    N       0     Y
35013424        9/1/2006           6              6    Purchase    N    Y      60     N
34991919        8/1/2006           6              6    C/O Refi    N    N       0     N
34220616        8/1/2006           6              6    C/O Refi    N    N       0     Y
34918359        8/1/2005           6              6    R/T Refi    N    N       0     N
35010560        9/1/2009           6              6    Purchase    N    Y      60     N
33881384        8/1/2006           6              6    Purchase    N    N       0     N
35228121        9/1/2006           6              6    Purchase    N    N       0     Y
34715771        8/1/2006           6              6    Purchase    N    Y      60     N
34957365        9/1/2006           6              6    C/O Refi    N    N       0     Y
34998997        9/1/2006           6              6    Purchase    N    Y      60     N
4000177054      9/1/2006           6              6    Purchase    N    Y      60     N
34919530        8/1/2006           6              6    C/O Refi    N    N       0     Y
4000157164      9/1/2007           6              6    Purchase    N    Y      60     N
4000154521      9/1/2009           6              6    Purchase    N    Y      60     N
34965483      00/00/0000           0              0    Purchase    N    Y      60     N
34939322        9/1/2006           6              6    Purchase    N    Y      60     N
35222009        9/1/2007           6              6    C/O Refi    N    N       0     Y
4000167796      9/1/2006           6              6    C/O Refi    N    N       0     Y
35113547        9/1/2006           6              6    Purchase    N    Y      60     N
34800839        9/1/2006           6              6    C/O Refi    N    Y      60     N
35007145      00/00/0000           0              0    Purchase    N    Y      60     N
34526277      00/00/0000           0              0    C/O Refi    N    N       0     N
4000169550      9/1/2006           6              6    Purchase    N    N       0     N
34977041        9/1/2007           6              6    C/O Refi    N    N       0     N
35153709        9/1/2007           6              6    C/O Refi    N    Y      60     N
35262468        9/1/2006           6              6    Purchase    N    Y      60     Y
4000172250      9/1/2006           6              6    Purchase    N    N       0     Y
35160886        9/1/2006           6              6    Purchase    N    Y      60     N
35345461        9/1/2006           6              6    Purchase    N    Y      60     N
4000177234      9/1/2006           6              6    C/O Refi    N    N       0     Y
34561787        8/1/2009           6              6    Purchase    N    N       0     N
34927822        9/1/2007           6              6    R/T Refi    N    N       0     N
34927954        9/1/2006           6              6    Purchase    N    Y      60     N
4000157522      9/1/2006           6              6    C/O Refi    N    N       0     Y
4000161043      8/1/2006           6              6    C/O Refi    N    Y      60     N
34801084        9/1/2006           6              6    Purchase    N    Y      60     N
35068923      00/00/0000           0              0    C/O Refi    N    N       0     Y
35182013        9/1/2009           6              6    Purchase    N    Y      60     N
4000165774      9/1/2006           6              6    Purchase    N    N       0     N
4000165889      9/1/2009           6              6    Purchase    N    Y      60     N
34979559        9/1/2006           6              6    Purchase    N    Y      60     N
4000166103      9/1/2006           6              6    C/O Refi    N    N       0     N
34720730        9/1/2009           6              6    Purchase    N    Y      60     N
34867416        9/1/2006           6              6    Purchase    N    N       0     N
35149541        9/1/2007           6              6    C/O Refi    N    N       0     N
35185610        9/1/2006           6              6    C/O Refi    N    N       0     N
4000167862      9/1/2006           6              6    C/O Refi    N    N       0     Y
4000168268      9/1/2006           6              6    R/T Refi    N    Y      60     Y
32736811        9/1/2006           6              6    Purchase    N    N       0     N
34644336        9/1/2006           6              6    C/O Refi    N    N       0     N
34956144        9/1/2006           6              6    Purchase    N    Y      60     N
34975565      00/00/0000           0              0    C/O Refi    N    N       0     Y
35105758        9/1/2006           6              6    Purchase    N    N       0     N
33018797        9/1/2006           6              6    C/O Refi    N    N       0     N
34529164        9/1/2006           6              6    Purchase    N    N       0     N
34996256        9/1/2006           6              6    C/O Refi    N    Y      60     N
35035260        9/1/2006           6              6    Purchase    N    Y      60     N
35114560        9/1/2006           6              6    R/T Refi    N    Y      60     N
35129600      00/00/0000           0              0    C/O Refi    N    N       0     N
35158385      00/00/0000           0              0    C/O Refi    N    N       0     Y
35193515        9/1/2006           6              6    C/O Refi    N    N       0     Y
35208982        9/1/2006           6              6    Purchase    N    Y      60     N
4000174185      9/1/2009           6              6    C/O Refi    N    Y      60     N
34897520        9/1/2007           6              6    C/O Refi    N    N       0     N
34886903        9/1/2006           6              6    Purchase    N    N       0     Y
35090364        9/1/2006           6              6    Purchase    N    Y      60     N
34720326        9/1/2006           6              6    Purchase    N    Y      60     N
34896704        9/1/2006           6              6    C/O Refi    N    N       0     N
35154814        9/1/2007           6              6    Purchase    N    Y      60     Y
34658070        9/1/2006           6              6    R/T Refi    N    N       0     N
4000164942      9/1/2006           6              6    Purchase    N    Y      60     N
34610345        9/1/2006           6              6    Purchase    N    N       0     Y
34954735        8/1/2006           6              6    Purchase    N    N       0     N
35106194        8/1/2006           6              6    C/O Refi    N    N       0     N
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
                                                          PROPERTY                    ORIGINAL ORIGINATION  FIRST PAY   MATURITY
  LOANID              CITY                 ZIP    STATE     TYPE       OCCUPANCY        TERM      DATE        DATE        DATE
--------------------------------------------------------------------------------------------------------------------------------
<S>           <C>                         <C>       <C>   <C>        <C>                <C>     <C>         <C>         <C>
34654962      BURLINGTON                  53105     WI       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
35076009      CHARLOTTE                   28273     NC       PUD     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
4000174834    CORINTH                      4427     ME       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
4000175102    GILROY                      95020     CA       PUD     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35110899      ROUND ROCK                  78664     TX       PUD     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
35149533      DUNCAN                      29334     SC       PUD        Investor        360      8/6/2004   10/1/2004   9/1/2034
4000168032    PHOENIX                     85051     AZ       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35202126      SAN BERNARDINO              92405     CA       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
4000167285    YOUNGSTOWN                  44515     OH       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
34367060      ILION                       13357     NY       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
34433672      SIMPSONVILLE                29680     SC       SFR     Owner Occupied     360      8/2/2004    9/1/2004   8/1/2034
34863290      WATERLOO                    13165     NY       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
4000151961    REDWOOD CITY                94062     CA      Condo    Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
4000159266    FOND DU LAC                 54935     WI       SFR     Owner Occupied     180     7/21/2004    9/1/2004   8/1/2019
35234855      SPRING HILL                 34608     FL       PUD     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35305564      LAS VEGAS                   89123     NV       PUD     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35013630      AURORA                      80012     CO       PUD     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35085992      AKRON                       44314     OH       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
35153543      MORROW                      30260     GA       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
34065136      NORTH LAS VEGAS             89032     NV       PUD     Owner Occupied     360     7/26/2004    9/1/2004   8/1/2034
4000174785    MANSFIELD                   44906     OH    Units 2-4  Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
34905034      BOYNTON BEACH               33435     FL       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
33017336      FORT WAYNE                  46806     IN       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
34833582      MASHPEE                      2649     MA       SFR     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
35227974      BESSEMER                    35022     AL       PUD     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34861732      HOBART                      46342     IN       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
4000169827    NORTH HILLS                 91343     CA       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
34955674      RANCHO SANTA MARGARITA      92688     CA      Condo    Owner Occupied     360     7/26/2004    9/1/2004   8/1/2034
34853663      NILES                       49120     MI       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
33175589      WARREN                      48089     MI       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
33485160      GRASS VALLEY                95949     CA       SFR     Owner Occupied     360     4/15/2004    6/1/2004   5/1/2034
35110105      GRAND PRAIRIE               75050     TX       PUD     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34711630      MURRIETA                    92563     CA       SFR     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
35343375      ESSEX                       21221     MD       PUD     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
35148949      MEMPHIS                     38119     TN       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
34660035      WATERLOO                    62298     IL       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34381210      MAYS LANDING                 8330     NJ       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
4000164980    TRACY                       95376     CA       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
4000167171    FORT PIERCE                 34982     FL       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
4000165201    CAMPBELL                    44405     OH       SFR     Owner Occupied     180      8/4/2004   10/1/2004   9/1/2019
34787283      SPRING VALLEY               91977     CA       SFR     Owner Occupied     360     7/26/2004    9/1/2004   8/1/2034
35153816      MONTICELLO                  31064     GA       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
4000174358    SACRAMENTO                  95823     CA       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34960682      LAGUNA HILLS                92653     CA       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
34759654      MIDLOTHIAN                  23112     VA       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
34522748      LAWRENCE                    66047     KS       SFR     Owner Occupied     360     7/22/2004    9/1/2004   8/1/2034
35193051      DENVER                      80239     CO       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34739417      CALDWELL                    83605     ID       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
4000168654    WEST PALM BEACH             33409     FL       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
35107333      DALLAS                      75224     TX       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35115807      ARLINGTON                   76013     TX       PUD     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
35127950      VIRDEN                      62690     IL       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34690537      PUNTA GORDA                 33983     FL       SFR     Owner Occupied     360     7/15/2004    9/1/2004   8/1/2034
34926311      RIDGEFIELD                  98642     WA       SFR        Investor        360     8/13/2004   10/1/2004   9/1/2034
4000143967    RANCHO CORDOVA              95670     CA       SFR     Owner Occupied     360      5/5/2004    7/1/2004   6/1/2034
4000145238    JAMAICA                     11433     NY       SFR     Owner Occupied     360     6/10/2004    8/1/2004   7/1/2034
35080340      DURHAM                      27701     NC       SFR        Investor        360     8/31/2004   10/1/2004   9/1/2034
35402338      SMYRNA                      37167     TN       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
35069681      CHARLOTTE                   28270     NC       SFR     Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
34975185      YOUNGSTOWN                  44512     OH       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
35027457      SANTA CLARITA               91350     CA       SFR     Owner Occupied     360     7/26/2004    9/1/2004   8/1/2034
35187178      NORWALK                     90650     CA       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
35085331      COLUMBUS                    43223     OH       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
35145911      MEMPHIS                     38116     TN       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34953802      LOS ANGELES                 90043     CA    Units 2-4  Owner Occupied     360     7/28/2004   10/1/2004   9/1/2034
34653246      O'FALLON                    63366     MO       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
34981407      CANTON                      44730     OH       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
35074103      CHARLOTTE                   28269     NC       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
34859900      STAUNTON                    62088     IL       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
34936807      PORTLAND                    97266     OR       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
4000176038    ROSEVILLE                   95661     CA       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
34080598      LAS VEGAS                   89129     NV      Condo    Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
4000170999    SOUTHFIELD                  48075     MI       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34650580      PACIFIC                     63069     MO       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
33016817      ROANOKE                     46783     IN       SFR     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
34617043      CHICAGO                     60614     IL    Units 2-4  Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
34737312      BOISE                       83709     ID       SFR     Owner Occupied     360     7/26/2004    9/1/2004   8/1/2034
35148451      CORDOVA                     38016     TN       SFR     Owner Occupied     360      8/5/2004    9/1/2004   8/1/2034
4000166596    WEST PALM BEACH             33401     FL       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
4000168670    WESTLAND                    48186     MI       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
35303833      LAS VEGAS                   89131     NV       PUD     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34757443      CHESAPEAKE                  23322     VA       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
34237511      CHANDLER                    85249     AZ       PUD     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
34647040      MILWAUKEE                   53212     WI    Units 2-4  Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
34739763      OGDEN                       84401     UT       SFR     Owner Occupied     360      8/2/2004    9/1/2004   8/1/2034
34867374      BELCHERTOWN                  1007     MA       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
35148816      KNOXVILLE                   37921     TN       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
35222298      ORLANDO                     32822     FL       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
35223387      LUTZ                        33549     FL       PUD     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
35223999      BESSEMER                    35022     AL       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35077387      DENVER                      28037     NC       PUD     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
33014978      FORT WAYNE                  46825     IN       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
33015462      CHARLESTON                  61920     IL       SFR     Owner Occupied     360     7/28/2004   10/1/2004   9/1/2034
33177379      SOUTH LYON                  48178     MI       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
35074624      CHARLOTTE                   28216     NC       PUD     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
35225069      PORT RICHEY                 34668     FL       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
34901934      COCOA                       32927     FL       SFR     Owner Occupied     360      8/5/2004    9/1/2004   8/1/2034
33016338      PLAINFIELD                  46168     IN       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
35148188      MORROW                      30260     GA       SFR     Owner Occupied     360      8/2/2004    9/1/2004   8/1/2034
35028281      LOS ANGELES                 91306     CA       SFR     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
34997429      MAPLEWOOD                   55109     MN       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34917401      ROSSVILLE                   30741     GA       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34561738      AZLE                        76020     TX       PUD     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35035633      SOUTH GATE                  90280     CA       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
35074699      FORT MILL                   29708     SC       PUD     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034

<CAPTION>
                                                                                      ORIGINAL
                                                                                      COMBAINED
              REMAINING     ORIGINAL   SCHEDULED                       PAID THRU       LOAN TO      OTS
  LOANID        TERM        BALANCE     BALANCE      RATE      P&I        DATE          VALUE   DELINQUENCY INDEX       MARGIN
------------------------------------------------------------------------------------------------------------------------------
<S>              <C>      <C>         <C>           <C>     <C>        <C>              <C>        <C>       <C>        <C>
34654962         359      142,500.00  142,388.83     7.25     972.11   10/1/2004           95      0-29      6ML        5.875
35076009         359      183,350.00  183,350.00    6.625   1,012.24   10/1/2004        79.98      0-29      6ML         4.25
4000174834       359       90,100.00   90,043.99    8.375     684.83   10/1/2004          100      0-29      FIX            0
4000175102       359      556,000.00  556,000.00     6.25   2,895.83   10/1/2004           80      0-29      6ML        4.375
35110899         359      112,700.00  112,700.00    6.375     598.72   10/1/2004        79.99      0-29      6ML          4.5
35149533         359      177,327.00  177,327.00    7.125   1,052.88   10/1/2004           90      0-29      6ML        4.875
4000168032       359       83,200.00   83,200.00     6.75        468   10/1/2004           80      0-29      6ML        4.625
35202126         359      150,300.00  150,300.00    7.875     986.34   10/1/2004        85.89      0-29      6ML        5.625
4000167285       359       71,400.00   71,341.47        7     475.03   10/1/2004           85      0-29      6ML         5.75
34367060         359       56,700.00   56,663.84     8.25     425.97   10/1/2004           90      0-29      6ML            7
34433672         358       91,000.00   90,871.12     7.75     651.94    9/1/2004        92.86      0-29      6ML        6.125
34863290         359       85,000.00   84,949.79     8.75      668.7   10/1/2004        89.47      0-29      FIX            0
4000151961       359      312,000.00  312,000.00    6.125   1,592.50   10/1/2004           80      0-29      6ML        4.125
4000159266       178      166,250.00  165,192.00    6.999   1,494.21    9/1/2004           95      0-29      FIX            0
35234855         359      123,250.00  123,171.40     8.25     925.94   10/1/2004           85      0-29      FIX            0
35305564         359      342,400.00  342,090.46      6.5   2,164.21   10/1/2004        80.56      0-29      6ML        4.875
35013630         359       78,000.00   78,000.00      7.5      487.5   10/1/2004           80      0-29      6ML        5.375
35085992         359      103,700.00  103,626.81     7.75     742.92   10/1/2004           85      0-29      6ML        5.625
35153543         359      148,770.00  148,770.00     7.75     960.81   10/1/2004           95      0-29      6ML         5.75
34065136         358      180,000.00  179,657.51     6.25   1,108.30   10/1/2004           72      0-29      6ML        4.125
4000174785       359      175,000.00  174,860.05    7.125   1,179.01   10/1/2004          100      0-29      FIX            0
34905034         359       85,000.00   85,000.00     7.75     548.96   10/1/2004        68.83      0-29      6ML         5.25
33017336         359       61,750.00   61,704.17      7.5     431.77   10/1/2004           95      0-29      FIX            0
34833582         358      225,600.00  225,581.00     5.75   1,081.00   10/1/2004           80      0-29      6ML        3.875
35227974         359      180,450.00  180,305.69    7.125   1,215.73   10/1/2004        99.99      0-29      6ML        5.875
34861732         359       61,500.00   61,500.00    6.125     313.91   10/1/2004        79.97      0-29      6ML          4.5
4000169827       359      320,000.00  319,750.37     7.25   2,182.96   10/1/2004        75.29      0-29      FIX            0
34955674         358      254,400.00  254,400.00     5.99   1,269.88    9/1/2004           80      0-29      6ML        3.875
34853663         359       79,200.00   79,052.02      8.5     608.98   10/1/2004           90      0-29      6ML        5.625
33175589         359       76,000.00   76,000.00     5.75     364.17   10/1/2004           80      0-29      6ML            4
33485160         355      280,000.00  280,000.00    6.125   1,429.17    9/1/2004           80      0-29      6ML        4.875
35110105         359      134,700.00  134,700.00      6.5     729.63   10/1/2004        79.99      0-29      6ML            4
34711630         359      288,400.00  288,185.96      7.5   2,016.54   10/1/2004           70      0-29      FIX            0
35343375         359      169,000.00  168,891.88     8.25   1,269.65   10/1/2004          100      0-29      6ML            6
35148949         359      123,200.00  123,200.00     6.75        693   10/1/2004           80      0-29      6ML         4.75
34660035         359      194,750.00  194,609.04    7.625   1,378.43   10/1/2004           95      0-29      6ML         6.25
34381210         359      247,000.00  246,807.31     7.25   1,684.98   10/1/2004           95      0-29      6ML        6.125
4000164980       359      333,600.00  333,600.00    6.125   1,702.75   10/1/2004           80      0-29      6ML         4.25
4000167171       359      126,000.00  125,917.58    8.125     935.55   10/1/2004           75      0-29      6ML        6.125
4000165201       179       35,900.00   35,793.93     7.75     337.92   10/1/2004        65.27      0-29      FIX            0
34787283         358      250,000.00  250,000.00      6.5   1,354.17   10/1/2004        78.13      0-29      6ML          4.5
35153816         359       94,500.00   94,444.20    8.625     735.02   10/1/2004          100      0-29      FIX            0
4000174358       359      264,800.00  264,800.00     5.75   1,268.83   10/1/2004           80      0-29      6ML            4
34960682         359      525,000.00  525,000.00    6.375   2,789.06   10/1/2004        71.43      0-29      6ML        3.375
34759654         359      102,000.00  101,926.18    7.625     721.95   10/1/2004         88.7      0-29      6ML        6.125
34522748         358      133,200.00  133,200.00    6.375     707.63    9/1/2004           90      0-29      6ML            5
35193051         359      215,000.00  214,840.43      7.5   1,503.32   10/1/2004          100      0-29      6ML        5.875
34739417         359       63,200.00   63,200.00     6.25     329.17   10/1/2004           80      0-29      6ML            4
4000168654       359      108,800.00  108,800.00      7.5        680   10/1/2004           80      0-29      6ML        5.625
35107333         359       89,200.00   89,200.00    6.875     511.04   10/1/2004           80      0-29      FIX            0
35115807         359      520,000.00  520,000.00     6.25   2,708.33   10/1/2004           80      0-29      6ML        4.375
35127950         359      102,000.00  101,912.17     6.75     661.58   10/1/2004           85      0-29      6ML         5.25
34690537         358      125,000.00  125,000.00      6.5     677.08   10/1/2004        58.14      0-29      6ML        4.375
34926311         359      154,500.00  154,500.00    6.625     852.97   10/1/2004        89.99      0-29      6ML        4.875
4000143967       356      211,200.00  211,200.00    4.999     879.82    9/1/2004           80      0-29      6ML        3.375
4000145238       357      250,000.00  249,453.72    7.625   1,769.48    9/1/2004          100      0-29      6ML        5.125
35080340         359      380,000.00  380,000.00    5.625   1,781.25   10/1/2004           80      0-29      6ML        3.375
35402338         359      102,320.00  102,320.00      6.5     554.23   10/1/2004           80      0-29      6ML        3.875
35069681         358      420,000.00  420,000.00    5.875   2,056.25    9/1/2004           80      0-29      6ML         3.75
34975185         359      122,200.00  122,200.00    6.625     674.65   10/1/2004         89.2      0-29      6ML         4.75
35027457         358      420,000.00  420,000.00    5.875   2,056.25    9/1/2004           80      0-29      6ML            4
35187178         359      248,000.00  248,000.00     5.99   1,237.93   10/1/2004           80      0-29      6ML        4.125
35085331         359       77,800.00   77,746.45    7.875     564.11   10/1/2004          100      0-29      6ML        5.125
35145911         359       60,350.00   60,318.71     9.25     496.49   10/1/2004           85      0-29      6ML         7.25
34953802         359      310,250.00  310,019.74      7.5   2,169.32   10/1/2004           85      0-29      6ML        5.375
34653246         359      187,200.00  187,046.55        7   1,245.45   10/1/2004           80      0-29      6ML        4.875
34981407         359       91,500.00   91,500.00    7.125     543.28   10/1/2004        85.51      0-29      6ML            5
35074103         359      131,350.00  131,350.00    6.375      697.8   10/1/2004        79.99      0-29      6ML        3.875
34859900         359       40,000.00   39,962.50    7.875     290.03   10/1/2004        68.97      0-29      6ML        5.375
34936807         359      118,750.00  118,750.00    6.875     680.34   10/1/2004           95      0-29      6ML        5.375
4000176038       359      276,000.00  276,000.00      7.5   1,725.00   10/1/2004        84.92      0-29      6ML        5.875
34080598         359      139,500.00  139,500.00     6.99     812.59   10/1/2004        79.99      0-29      6ML        4.125
4000170999       359      199,500.00  199,328.24     6.75   1,293.95   10/1/2004           95      0-29      6ML         5.75
34650580         359      112,000.00  111,910.43    7.125     754.57   10/1/2004           80      0-29      6ML        5.125
33016817         359       68,000.00   67,952.00     7.75     487.17   10/1/2004           85      0-29      6ML        5.625
34617043         359      800,000.00  800,000.00     7.25   4,833.33   10/1/2004           80      0-29      6ML        4.125
34737312         358      118,800.00  118,614.53    7.875     861.39    9/1/2004           90      0-29      FIX            0
35148451         358      134,900.00  134,892.86    6.875     772.86    9/1/2004           80      0-29      6ML        4.125
4000166596       359      139,500.00  139,415.50      8.5   1,072.63   10/1/2004           90      0-29      6ML          6.5
4000168670       359      131,100.00  131,100.00    6.875     751.09   10/1/2004        79.99      0-29      6ML        5.125
35303833         359      422,000.00  421,645.47    6.875   2,772.24   10/1/2004        73.39      0-29      6ML         4.75
34757443         359      112,500.00  112,432.03    8.875     895.11   10/1/2004           90      0-29      6ML        6.875
34237511         359      180,000.00  180,000.00     7.75   1,162.50   10/1/2004           75      0-29      6ML        5.625
34647040         359       93,600.00   93,546.14     8.75     736.36   10/1/2004           90      0-29      6ML            7
34739763         358       60,000.00   59,928.89    8.625     466.68    9/1/2004           80      0-29      FIX            0
34867374         359      170,850.00  170,850.00    7.875   1,121.20   10/1/2004           85      0-29      6ML        6.375
35148816         359       91,610.00   91,531.12     6.75     594.19   10/1/2004           80      0-29      6ML        5.125
35222298         359      108,000.00  108,000.00    7.125     641.25   10/1/2004           80      0-29      6ML            5
35223387         359      220,000.00  220,000.00    6.875   1,260.42   10/1/2004           80      0-29      6ML          4.5
35223999         359       76,500.00   76,439.69     9.25     629.35   10/1/2004        88.95      0-29      6ML         7.25
35077387         359      110,400.00  110,400.00      5.5        506   10/1/2004           80      0-29      6ML        3.625
33014978         359       76,000.00   75,953.95      8.5     584.38   10/1/2004           80      0-29      6ML        6.375
33015462         359       38,400.00   38,366.93     6.75     249.07   10/1/2004           80      0-29      6ML        4.625
33177379         359      288,000.00  288,000.00        7   1,680.00   10/1/2004        89.03      0-29      6ML          5.5
35074624         359      113,100.00  113,100.00    7.125     671.53   10/1/2004        79.99      0-29      6ML            5
35225069         359       71,000.00   70,961.21        9     571.29   10/1/2004        57.26      0-29      6ML        4.875
34901934         358      108,000.00  107,779.22    5.875     638.87    9/1/2004           80      0-29      6ML            4
33016338         359      199,500.00  199,296.60    5.875   1,180.12   10/1/2004           95      0-29      6ML         4.75
35148188         358      116,000.00  115,822.51    7.375     801.19    9/1/2004           80      0-29      6ML        5.625
35028281         358      340,000.00  340,000.00     6.25   1,770.83   10/1/2004           80      0-29      6ML        3.875
34997429         359      220,000.00  220,000.00    5.875   1,077.08   10/1/2004           80      0-29      6ML        4.375
34917401         359      135,000.00  134,897.27    7.375     932.42   10/1/2004           90      0-29      FIX            0
34561738         359      247,200.00  247,200.00     6.75   1,390.50   10/1/2004           80      0-29      6ML          4.5
35035633         359      216,000.00  216,000.00    8.125   1,462.50   10/1/2004           90      0-29      6ML        6.125
35074699         359      159,900.00  159,799.44     6.75     899.44   10/1/2004        79.99      0-29      6ML        4.375

<CAPTION>
             INITIAL  PERIODIC                           PREPAYMENT
  LOANID       CAP      CAP       FLOOR    CEILING          TERM                                PREPAYMENT PENALTY
--------------------------------------------------------------------------------------------------------------------------
<S>             <C>      <C>      <C>       <C>              <C>                        <C>
34654962        3        1         7.25      13.25           24                              6 mo.s interest less 20% obal
35076009        3        1        6.625     12.625            0                                                       None
4000174834      0        0            0          0            0                                                       None
4000175102      3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
35110899        3        1        6.375     12.375           36                              6 mo.s interest less 20% obal
35149533        3        1        7.125     13.125            0                                                       None
4000168032      3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
35202126        3        1        7.875     13.875           24                              6 mo.s interest less 20% obal
4000167285      3        1            7         13           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34367060        3        1         8.25      14.25            0                                                       None
34433672        3        1         7.75      13.75            0                                                       None
34863290        0        0            0          0           12                              6 mo.s interest less 20% obal
4000151961      3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
4000159266      0        0            0          0           36                              6 mo.s interest less 20% obal
35234855        0        0            0          0           24                              6 mo.s interest less 20% obal
35305564        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
35013630        3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
35085992        3        1         7.75      13.75           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35153543        3        1         7.75      13.75            0                                                       None
34065136        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
4000174785      0        0            0          0           36                                                 1% prepaid
34905034        1        1         7.75      13.75           24                              6 mo.s interest less 20% obal
33017336        0        0            0          0           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34833582        3        1         5.75      11.75           24                              6 mo.s interest less 20% obal
35227974        3        1        7.125     13.125           36                              6 mo.s interest less 20% obal
34861732        3        1        6.125     12.125           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000169827      0        0            0          0           36                              6 mo.s interest less 20% obal
34955674        3        1         5.99      11.99           24                              6 mo.s interest less 20% obal
34853663        3        1          8.5       14.5           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
33175589        3        1         5.75      11.75           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
33485160        3        1        6.125     12.125           36                              6 mo.s interest less 20% obal
35110105        3        1          6.5       12.5           36                              6 mo.s interest less 20% obal
34711630        0        0            0          0           36                              6 mo.s interest less 20% obal
35343375        3        1         8.25      14.25           24                              6 mo.s interest less 20% obal
35148949        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
34660035        3        1        7.625     13.625           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34381210        3        1         7.25      13.25            0                                                       None
4000164980      3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
4000167171      3        1        8.125     14.125           36                              6 mo.s interest less 20% obal
4000165201      0        0            0          0           36                                                 1% prepaid
34787283        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
35153816        0        0            0          0            0                                                       None
4000174358      1        1         5.75      11.75           24                              6 mo.s interest less 20% obal
34960682        3        1        6.375     12.375            0                                                       None
34759654        3        1        7.625     13.625           24                              6 mo.s interest less 20% obal
34522748        3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
35193051        3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
34739417        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
4000168654      3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
35107333        0        0            0          0           36                              6 mo.s interest less 20% obal
35115807        3        1         6.25      12.25           36                              6 mo.s interest less 20% obal
35127950        3        1         6.75      12.75           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34690537        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
34926311        3        1        6.625     12.625           36                              6 mo.s interest less 20% obal
4000143967      3        1        4.999         11           24                              6 mo.s interest less 20% obal
4000145238      3        1        7.625     13.625            0                                                       None
35080340        1        1        5.625     11.625            0                                                       None
35402338        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
35069681        3        1        5.875     11.875            0                                                       None
34975185        3        1        6.625     12.625           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35027457        3        1        5.875     11.875           36                              6 mo.s interest less 20% obal
35187178        3        1         5.99      11.99           24                              6 mo.s interest less 20% obal
35085331        3        1        7.875     13.875           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35145911        3        1         9.25      15.25           24                              6 mo.s interest less 20% obal
34953802        3        1          7.5       13.5           36                              6 mo.s interest less 20% obal
34653246        3        1            7         13           24                                                 2% prepaid
34981407        3        1        7.125     13.125           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35074103        3        1        6.375     12.375            0                                                       None
34859900        3        1        7.875     13.875           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34936807        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
4000176038      3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
34080598        3        1         6.99      12.99           24                              6 mo.s interest less 20% obal
4000170999      3        1         6.75      12.75           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34650580        3        1        7.125     13.125           24                                                 2% prepaid
33016817        3        1         7.75      13.75           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34617043        3        1         7.25      13.25           12                              3%/2%/1%-1st yr/2nd yr/3rd yr
34737312        0        0            0          0           36                              6 mo.s interest less 20% obal
35148451        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
4000166596      3        1          8.5       14.5           36                              6 mo.s interest less 20% obal
4000168670      3        1        6.875     12.875           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35303833        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
34757443        3        1        8.875     14.875           24                              6 mo.s interest less 20% obal
34237511        3        1         7.75      13.75           36                              6 mo.s interest less 20% obal
34647040        3        1         8.75      14.75           24                              6 mo.s interest less 20% obal
34739763        0        0            0          0           24                              6 mo.s interest less 20% obal
34867374        3        1        7.875     13.875           24                              6 mo.s interest less 20% obal
35148816        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
35222298        3        1        7.125     13.125           24                              6 mo.s interest less 20% obal
35223387        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
35223999        3        1         9.25      15.25           24                              6 mo.s interest less 20% obal
35077387        3        1          5.5       11.5            0                                                       None
33014978        3        1          8.5       14.5           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
33015462        3        1         6.75      12.75           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
33177379        3        1            7         13           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
35074624        3        1        7.125     13.125            0                                                       None
35225069        3        1            9         15           24                              6 mo.s interest less 20% obal
34901934        3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
33016338        3        1        5.875     11.875           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35148188        3        1        7.375     13.375            0                                                       None
35028281        3        1         6.25      12.25           36                              6 mo.s interest less 20% obal
34997429        3        1        5.875     11.875           36                         min (2% prepaid, 60 days interest)
34917401        0        0            0          0            0                                                       None
34561738        3        1         6.75      12.75           36                              6 mo.s interest less 20% obal
35035633        3        1        8.125     14.125           24                              6 mo.s interest less 20% obal
35074699        3        1         6.75      12.75            0                                                       None

<CAPTION>
                                              PAYMENT
              FIRST RATE      RATE RESET       RESET                                  MI
  LOANID      RESET DATE       FREQUENCY     FREQUENCY  PURPOSE   DIV  IO    IOTERM  FLAG
-----------------------------------------------------------------------------------------
<S>           <C>                  <C>            <C>  <C>         <C>  <C>    <C>    <C>
34654962        9/1/2006           6              6    Purchase    N    N       0     Y
35076009        9/1/2009           6              6    Purchase    N    Y      60     N
4000174834    00/00/0000           0              0    Purchase    N    N       0     Y
4000175102      9/1/2006           6              6    Purchase    N    Y      60     N
35110899        9/1/2007           6              6    Purchase    N    Y      60     N
35149533        9/1/2006           6              6    Purchase    N    Y      60     Y
4000168032      9/1/2006           6              6    Purchase    N    Y      60     N
35202126        9/1/2009           6              6    C/O Refi    N    Y      60     N
4000167285      9/1/2006           6              6    R/T Refi    N    N       0     Y
34367060        9/1/2006           6              6    Purchase    N    N       0     Y
34433672        8/1/2006           6              6    R/T Refi    N    N       0     Y
34863290      00/00/0000           0              0    Purchase    N    N       0     Y
4000151961      9/1/2006           6              6    Purchase    N    Y      60     N
4000159266    00/00/0000           0              0    C/O Refi    N    N       0     Y
35234855      00/00/0000           0              0    Purchase    N    N       0     Y
35305564        9/1/2006           6              6    C/O Refi    N    N       0     Y
35013630        9/1/2006           6              6    Purchase    N    Y      60     N
35085992        9/1/2006           6              6    C/O Refi    N    N       0     Y
35153543        9/1/2006           6              6    C/O Refi    N    Y      60     Y
34065136        8/1/2006           6              6    C/O Refi    N    N       0     N
4000174785    00/00/0000           0              0    Purchase    N    N       0     Y
34905034        3/1/2005           6              6    C/O Refi    N    Y      60     N
33017336      00/00/0000           0              0    C/O Refi    N    N       0     Y
34833582        8/1/2006           6              6    Purchase    N    Y      60     N
35227974        9/1/2007           6              6    Purchase    N    N       0     N
34861732        9/1/2006           6              6    Purchase    N    Y      60     N
4000169827    00/00/0000           0              0    R/T Refi    N    N       0     N
34955674        8/1/2006           6              6    Purchase    N    Y      60     N
34853663        9/1/2006           6              6    Purchase    N    N       0     Y
33175589        9/1/2006           6              6    Purchase    N    Y      60     N
33485160        5/1/2007           6              6    Purchase    N    Y      60     N
35110105        9/1/2009           6              6    Purchase    N    Y      60     N
34711630      00/00/0000           0              0    Purchase    N    N       0     N
35343375        9/1/2006           6              6    C/O Refi    N    N       0     N
35148949        9/1/2006           6              6    Purchase    N    Y      60     N
34660035        9/1/2006           6              6    C/O Refi    N    N       0     N
34381210        9/1/2006           6              6    Purchase    N    N       0     Y
4000164980      9/1/2006           6              6    Purchase    N    Y      60     N
4000167171      9/1/2007           6              6    Purchase    N    N       0     N
4000165201    00/00/0000           0              0    R/T Refi    N    N       0     N
34787283        8/1/2006           6              6    C/O Refi    N    Y      60     N
35153816      00/00/0000           0              0    Purchase    N    N       0     N
4000174358      3/1/2005           6              6    C/O Refi    N    Y      60     N
34960682        9/1/2006           6              6    C/O Refi    N    Y      60     N
34759654        9/1/2006           6              6    C/O Refi    N    N       0     N
34522748        8/1/2006           6              6    C/O Refi    N    Y      60     Y
35193051        9/1/2006           6              6    C/O Refi    N    N       0     N
34739417        9/1/2006           6              6    Purchase    N    Y      60     N
4000168654      9/1/2006           6              6    Purchase    N    Y      60     N
35107333      00/00/0000           0              0    Purchase    N    Y      60     N
35115807        9/1/2007           6              6    Purchase    N    Y      60     N
35127950        9/1/2006           6              6    C/O Refi    N    N       0     N
34690537        8/1/2006           6              6    Purchase    N    Y      60     N
34926311        9/1/2007           6              6    Purchase    N    Y      60     Y
4000143967      6/1/2009           6              6    Purchase    N    Y      60     N
4000145238      7/1/2006           6              6    Purchase    N    N       0     N
35080340        3/1/2005           6              6    Purchase    N    Y      60     N
35402338        9/1/2009           6              6    Purchase    N    Y      60     N
35069681        8/1/2006           6              6    C/O Refi    N    Y      60     N
34975185        9/1/2007           6              6    C/O Refi    N    Y      60     Y
35027457        8/1/2007           6              6    C/O Refi    N    Y      60     N
35187178        9/1/2006           6              6    Purchase    N    Y      60     N
35085331        9/1/2006           6              6    Purchase    N    N       0     N
35145911        9/1/2006           6              6    Purchase    N    N       0     Y
34953802        9/1/2007           6              6    C/O Refi    N    N       0     Y
34653246        9/1/2007           6              6    Purchase    N    N       0     N
34981407        9/1/2007           6              6    C/O Refi    N    Y      60     N
35074103        9/1/2007           6              6    Purchase    N    Y      60     N
34859900        9/1/2006           6              6    C/O Refi    N    N       0     N
34936807        9/1/2006           6              6    Purchase    N    Y      60     Y
4000176038      9/1/2006           6              6    C/O Refi    N    Y      60     N
34080598        9/1/2009           6              6    Purchase    N    Y      60     N
4000170999      9/1/2006           6              6    C/O Refi    N    N       0     Y
34650580        9/1/2006           6              6    C/O Refi    N    N       0     N
33016817        9/1/2006           6              6    C/O Refi    N    N       0     N
34617043        9/1/2006           6              6    Purchase    N    Y      60     N
34737312      00/00/0000           0              0    C/O Refi    N    N       0     Y
35148451        8/1/2009           6              6    Purchase    N    Y      60     N
4000166596      9/1/2007           6              6    R/T Refi    N    N       0     N
4000168670      9/1/2006           6              6    Purchase    N    Y      60     N
35303833        9/1/2006           6              6    C/O Refi    N    N       0     N
34757443        9/1/2006           6              6    C/O Refi    N    N       0     Y
34237511        9/1/2007           6              6    C/O Refi    N    Y      60     N
34647040        9/1/2006           6              6    C/O Refi    N    N       0     Y
34739763      00/00/0000           0              0    Purchase    N    N       0     N
34867374        9/1/2006           6              6    C/O Refi    N    Y      60     N
35148816        9/1/2006           6              6    Purchase    N    N       0     N
35222298        9/1/2006           6              6    Purchase    N    Y      60     N
35223387        9/1/2009           6              6    Purchase    N    Y      60     N
35223999        9/1/2006           6              6    C/O Refi    N    N       0     Y
35077387        9/1/2007           6              6    Purchase    N    Y      60     N
33014978        9/1/2006           6              6    C/O Refi    N    N       0     N
33015462        9/1/2007           6              6    C/O Refi    N    N       0     N
33177379        9/1/2006           6              6    R/T Refi    N    Y      60     N
35074624        9/1/2007           6              6    Purchase    N    Y      60     N
35225069        9/1/2007           6              6    Purchase    N    N       0     N
34901934        8/1/2006           6              6    Purchase    N    N       0     N
33016338        9/1/2006           6              6    C/O Refi    N    N       0     Y
35148188        8/1/2007           6              6    Purchase    N    N       0     N
35028281        8/1/2009           6              6    Purchase    N    Y      60     N
34997429        9/1/2006           6              6    Purchase    N    Y      60     N
34917401      00/00/0000           0              0    R/T Refi    N    N       0     Y
34561738        9/1/2009           6              6    Purchase    N    Y      60     N
35035633        9/1/2006           6              6    C/O Refi    N    Y      60     N
35074699        9/1/2009           6              6    Purchase    N    Y      60     N
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
                                                          PROPERTY                    ORIGINAL ORIGINATION  FIRST PAY   MATURITY
  LOANID              CITY                 ZIP    STATE     TYPE       OCCUPANCY        TERM      DATE        DATE        DATE
--------------------------------------------------------------------------------------------------------------------------------
<S>           <C>                         <C>       <C>   <C>        <C>                <C>     <C>         <C>         <C>
35303247      RENO                        89506     NV       SFR     Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
35234400      DEERFIELD BEACH             33442     FL       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34077594      PAHRUMP                     89048     NV       SFR     Owner Occupied     360     7/16/2004    9/1/2004   8/1/2034
35156397      CLERMONT                    30527     GA       SFR     Owner Occupied     360     8/24/2004   10/1/2004   9/1/2034
4000167294    BEVERLY HILLS               90212     CA    Units 2-4  Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
34719336      THOUSAND PALMS              92276     CA       SFR     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034
34857482      SKOKIE                      60077     IL      Condo    Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
34070276      LAS VEGAS                   89103     NV      Condo    Owner Occupied     360     7/26/2004    9/1/2004   8/1/2034
35010909      PLATTEVILLE                 80651     CO       SFR     Owner Occupied     360      8/5/2004    9/1/2004   8/1/2034
34971994      BLUFFTON                    45817     OH       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34759464      FORT WASHINGTON             20744     MD       SFR     Owner Occupied     360      8/5/2004    9/1/2004   8/1/2034
35160332      DACULA                      30019     GA       PUD     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34375246      SANATOGA                    19464     PA       PUD     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
4000169941    SACRAMENTO                  95826     CA      Condo    Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
4000166318    TACOMA                      98406     WA       PUD     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
34973941      COVINGTON                   41011     KY       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34620989      HOWE                        46746     IN       SFR     Owner Occupied     360      7/8/2004    9/1/2004   8/1/2034
4000175456    DAVISBURG                   48350     MI       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000173161    BELLVILLE                   48111     MI      Condo    Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
4000175077    GREENVILLE                  45331     OH       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
4000163987    KENT                        98031     WA       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
35127190      MORTON GROVE                60053     IL       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
34658195      KANSAS CITY                 64125     MO       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
35246602      HUMBLE                      77339     TX       PUD     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
34281733      EDINBURG                    78539     TX       SFR     Owner Occupied     360      8/5/2004   10/1/2004   9/1/2034
4000158498    HOODSPORT                   98548     WA       PUD     Owner Occupied     360     7/26/2004    9/1/2004   8/1/2034
35325406      PORTLAND                    97230     OR       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
4000164612    YUBA CITY                   95993     CA       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
34020677      BATON ROUGE                 70814     LA       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
34719856      VICTORVILLE                 92392     CA       SFR     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
35107291      MANOR                       78653     TX       PUD     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
4000168832    TOLEDO                      43605     OH       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35230184      BIRMINGHAM                  35242     AL       PUD     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34441287      CHARLESTON                  29412     SC       SFR     Owner Occupied     360     8/25/2004   10/1/2004   9/1/2034
34934927      MOLALLA                     97038     OR       PUD     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
35028752      CHATSWORTH                  91311     CA       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
4000177888    WATERLOO                    50702     IA       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
35192343      ORANGE                      92867     CA       PUD     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
4000172593    SEVILLE                     44273     OH       SFR     Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
35035054      LOS ANGELES                 90006     CA       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34899757      PORT CHARLOTTE              33948     FL       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34989368      BLAINE                      55434     MN       SFR     Owner Occupied     360      8/3/2004   10/1/2004   9/1/2034
4000163831    TACOMA                      98424     WA      Condo    Owner Occupied     360     7/30/2004    9/1/2004   8/1/2034
4000174738    BROOKLYN                    11208     NY    Units 2-4  Owner Occupied     360     8/30/2004   10/1/2004   9/1/2034
4000167313    ROSEVILLE                   95678     CA       SFR     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
35151539      ATLANTA                     30316     GA       SFR     Owner Occupied     360     8/18/2004   10/1/2004   9/1/2034
34483339      GLENDALE                    91208     CA       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
34733915      BOUNTIFUL                   84010     UT       SFR     Owner Occupied     360     8/12/2004   10/1/2004   9/1/2034
35134667      CHICAGO                     60614     IL      Condo    Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
4000175551    PORT CLINTON                43452     OH       SFR     Owner Occupied     360     8/26/2004   10/1/2004   9/1/2034
34704692      RIALTO                      92376     CA       SFR     Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
35110790      DALLAS                      75218     TX       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34961516      COMPTON                     90220     CA    Units 2-4  Owner Occupied     360     7/26/2004    9/1/2004   8/1/2034
34957985      RIVERSIDE AREA              92508     CA       SFR     Owner Occupied     360     7/26/2004    9/1/2004   8/1/2034
4000162570    LAKE VILLA                  60046     IL       SFR     Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
34996496      BROOKLYN CENTER             55429     MN       SFR     Owner Occupied     360     8/19/2004   10/1/2004   9/1/2034
4000157547    OZONE PARK                  11417     NY       SFR     Owner Occupied     360     8/31/2004   10/1/2004   9/1/2034
4000157497    SAN RAMON                   94583     CA       PUD     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
35123686      CHICAGO                     60622     IL    Units 2-4  Owner Occupied     360     8/17/2004   10/1/2004   9/1/2034
35136019      DEPERE                      54115     WI       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34716902      RIVERSIDE                   92509     CA       SFR     Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
34464099      MONTEBELLO                  90640     CA       SFR     Owner Occupied     360     6/10/2004    8/1/2004   7/1/2034
35023407      LOS ANGELES                 90001     CA       SFR     Owner Occupied     360     8/11/2004   10/1/2004   9/1/2034
34719799      PERRIS                      92571     CA       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
34977074      SOUTHGATE                   41071     KY       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
4000171271    SALINAS                     93907     CA       SFR     Owner Occupied     360     8/10/2004   10/1/2004   9/1/2034
4000177452    SYLMAR AREA                 91342     CA    Units 2-4  Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
35191501      HENDERSON                   89015     NV       PUD     Owner Occupied     360     8/16/2004   10/1/2004   9/1/2034
4000161589    MOUNTAIN VIEW               94043     CA      Condo    Owner Occupied     360      8/4/2004   10/1/2004   9/1/2034
35012327      KISSEE MILLS                65680     MO       SFR     Owner Occupied     360      8/9/2004   10/1/2004   9/1/2034
4000167369    SUMNER                      98390     WA       PUD     Owner Occupied     360      8/3/2004    9/1/2004   8/1/2034
4000167754    NEW BRITAIN                  6051     CT    Units 2-4  Owner Occupied     360     8/20/2004   10/1/2004   9/1/2034
4000176408    WARREN                      48088     MI       SFR     Owner Occupied     360     8/26/2004   11/1/2004  10/1/2034
4000160455    GRAND RAPIDS                49509     MI       SFR     Owner Occupied     360      8/2/2004   10/1/2004   9/1/2034
34994665      SAINT CHARLES               55972     MN       SFR     Owner Occupied     360     8/23/2004   10/1/2004   9/1/2034
34720763      FONTANA                     92336     CA       SFR     Owner Occupied     360     7/29/2004   10/1/2004   9/1/2034
34016634      ROCKSPRINGS                 78880     TX       SFR     Owner Occupied     360     8/13/2004   10/1/2004   9/1/2034
35064732      CONCORD                     28027     NC       SFR     Owner Occupied     360     7/29/2004    9/1/2004   8/1/2034
4000169408    MIAMI                       33179     FL       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34983726      CLEARWATER                  55320     MN       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
34658021      HUDSONVILLE                 49426     MI       SFR     Owner Occupied     360     8/14/2004   10/1/2004   9/1/2034
34521815      ADENA                       43901     OH       SFR     Owner Occupied     360      8/6/2004   10/1/2004   9/1/2034
33864208      UNION GROVE                 53182     WI       SFR     Owner Occupied     360     7/30/2004   10/1/2004   9/1/2034
34700625      NAPLES                      34104     FL       SFR     Owner Occupied     360     8/27/2004   10/1/2004   9/1/2034
34962472      JEANNETTE                   15644     PA       SFR     Owner Occupied     360     7/28/2004    9/1/2004   8/1/2034

<CAPTION>
                                                                                      ORIGINAL
                                                                                      COMBAINED
              REMAINING     ORIGINAL   SCHEDULED                       PAID THRU       LOAN TO      OTS
  LOANID        TERM        BALANCE     BALANCE      RATE      P&I        DATE          VALUE   DELINQUENCY INDEX       MARGIN
------------------------------------------------------------------------------------------------------------------------------
<S>              <C>      <C>         <C>           <C>     <C>        <C>              <C>        <C>       <C>        <C>
35303247         359      125,850.00  125,850.00      6.5     681.69   10/1/2004        79.98      0-29      6ML        4.375
35234400         359      152,000.00  152,000.00    7.625     965.83   10/1/2004           80      0-29      6ML         5.25
34077594         358      179,900.00  179,900.00     7.99   1,197.83    9/1/2004        89.99      0-29      6ML         5.75
35156397         359      198,100.00  198,100.00    6.625   1,093.68   10/1/2004           80      0-29      6ML        4.875
4000167294       359      000,000.00  000,000.00      5.5   4,583.33   10/1/2004        73.75      0-29      6ML        3.125
34719336         358      124,000.00  124,000.00    6.625     684.58    9/1/2004           80      0-29      6ML         4.75
34857482         358      178,200.00  178,200.00    7.125   1,058.06    9/1/2004           90      0-29      6ML         5.25
34070276         358      162,000.00  161,682.65    7.375   1,118.90   10/1/2004           90      0-29      6ML         5.75
35010909         358      184,000.00  184,000.00    5.875     900.83    9/1/2004           80      0-29      6ML         4.25
34971994         359      132,000.00  132,000.00     6.25      687.5   10/1/2004           80      0-29      6ML        4.125
34759464         358      259,200.00  259,200.00    6.375   1,377.00    9/1/2004           80      0-29      6ML        4.625
35160332         359      383,065.00  383,065.00    7.875   2,513.86   10/1/2004          100      0-29      6ML         6.25
34375246         359      157,500.00  157,409.38     8.75   1,239.06   10/1/2004           90      0-29      6ML         5.75
4000169941       359       90,000.00   89,908.25    5.875     532.38   10/1/2004        67.67      0-29      6ML          3.5
4000166318       359      288,000.00  288,000.00    7.625   1,830.00   10/1/2004        88.62      0-29      6ML        6.125
34973941         359      102,500.00  102,415.81     6.99     681.25   10/1/2004          100      0-29      6ML        5.375
34620989         358       77,850.00   77,715.50     6.75     504.94    9/1/2004           90      0-29      6ML        5.625
4000175456       359      190,000.00  189,840.38    6.875   1,248.16   10/1/2004           95      0-29      6ML        5.625
4000173161       359      218,050.00  218,050.00    5.625   1,022.11   10/1/2004        79.99      0-29      6ML         3.75
4000175077       359       97,750.00   97,684.42        8     717.25   10/1/2004           85      0-29      FIX            0
4000163987       359      191,140.00  191,140.00     6.25     995.52   10/1/2004           80      0-29      6ML         4.25
35127190         359      261,250.00  261,030.51    6.875   1,716.23   10/1/2004           95      0-29      6ML        5.375
34658195         359       85,500.00   85,450.81     8.75     672.63   10/1/2004           90      0-29      6ML         6.75
35246602         359       62,000.00   61,952.82    7.375     428.22   10/1/2004          100      0-29      6ML          5.5
34281733         359       96,750.00   96,704.85     9.75     831.24   10/1/2004           75      0-29      FIX            0
4000158498       358      106,000.00  105,812.44    6.625     678.73   10/1/2004           80      0-29      FIX            0
35325406         359      121,200.00  121,200.00    6.375     643.88   10/1/2004           80      0-29      6ML        3.875
4000164612       359      201,600.00  201,600.00    5.875        987   10/1/2004           80      0-29      6ML            4
34020677         359       71,500.00   71,500.00    6.875     409.64   10/1/2004           65      0-29      6ML        4.375
34719856         359      204,800.00  204,800.00    5.875   1,002.67   10/1/2004           80      0-29      6ML            4
35107291         359      110,150.00       282.1    8.875     876.41   10/1/2004        94.97      0-29      6ML         4.75
4000168832       359       41,600.00   41,575.44    8.625     323.56   10/1/2004           80      0-29      6ML         6.25
35230184         359      559,300.00  559,300.00     6.75   3,146.06   10/1/2004           70      0-29      6ML          4.5
34441287         359      120,800.00  120,800.00    6.375     641.75   10/1/2004           80      0-29      6ML         3.75
34934927         359      128,000.00  128,000.00    6.875     733.33   10/1/2004        79.93      0-29      FIX            0
35028752         359      584,250.00  584,250.00      7.5   3,651.56   10/1/2004          100      0-29      6ML         5.25
4000177888       359       74,100.00   74,059.52        9     596.23   10/1/2004           95      0-29      FIX            0
35192343         359      750,000.00  750,000.00     6.25   3,906.25   10/1/2004        75.38      0-29      6ML        3.875
4000172593       359      134,900.00  134,809.48        8     989.85   10/1/2004          100      0-29      FIX            0
35035054         359      240,000.00  239,777.71    6.375   1,497.29   10/1/2004        68.57      0-29      6ML          4.5
34899757         359      134,100.00  133,984.53     6.75     869.78   10/1/2004           90      0-29      6ML         5.25
34989368         359      148,000.00  148,000.00    5.875     724.58   10/1/2004           80      0-29      6ML        4.125
4000163831       358      121,560.00  121,328.70     6.25     748.47    9/1/2004           80      0-29      6ML         3.75
4000174738       359      490,000.00  489,710.71    8.625   3,811.17   10/1/2004          100      0-29      6ML        6.625
4000167313       359      364,650.00  364,650.00      7.5   2,279.06   10/1/2004           85      0-29      6ML          5.5
35151539         359      132,000.00  132,000.00     5.25      577.5   10/1/2004           80      0-29      6ML         3.75
34483339         359      624,000.00  624,000.00     6.25   3,250.00   10/1/2004           80      0-29      6ML        4.125
34733915         359      157,500.00  157,394.32        8   1,155.68   10/1/2004           90      0-29      6ML          6.5
35134667         359      715,000.00  714,321.58     6.25   4,402.38   10/1/2004        78.57      0-29      6ML        3.875
4000175551       359      100,000.00   99,936.23     8.25     751.27   10/1/2004          100      0-29      6ML        6.875
34704692         359       97,750.00   97,750.00     6.75     549.84   10/1/2004        42.13      0-29      6ML        4.125
35110790         359       98,000.00   97,917.66    6.875      643.8   10/1/2004           80      0-29      6ML            5
34961516         358      230,000.00  230,000.00     6.99   1,339.75    9/1/2004        82.14      0-29      6ML        5.125
34957985         358      245,000.00  244,576.93     6.75   1,589.07    9/1/2004        44.55      0-29      6ML         4.25
4000162570       359      198,400.00  198,400.00    6.625   1,095.33   10/1/2004           80      0-29      6ML         4.75
34996496         359      168,300.00  168,300.00    6.875     964.22   10/1/2004           85      0-29      6ML        5.625
4000157547       359      398,050.00  397,690.15      6.5   2,515.95   10/1/2004           95      0-29      6ML        5.125
4000157497       359      608,000.00  608,000.00    6.125   3,103.33   10/1/2004           80      0-29      6ML        3.875
35123686         359      285,000.00  284,729.58     6.25   1,754.80   10/1/2004           95      0-29      6ML            5
35136019         359      151,900.00  151,781.50     7.25   1,036.23   10/1/2004          100      0-29      6ML         5.25
34716902         358      180,000.00  179,576.44    5.125     980.08    9/1/2004           80      0-29      6ML        3.375
34464099         357      331,200.00  331,199.40     6.25   1,725.00    9/1/2004           90      0-29      6ML         5.25
35023407         359      135,000.00  134,871.91     6.25     831.22   10/1/2004        61.36      0-29      6ML        3.375
34719799         359      188,000.00  188,000.00    6.125     959.58   10/1/2004           80      0-29      6ML        4.125
34977074         359      112,000.00  111,926.73    8.125      831.6   10/1/2004          100      0-29      6ML        5.875
4000171271       359      415,200.00  415,200.00    5.875   2,032.75   10/1/2004           80      0-29      6ML        3.875
4000177452       359      421,900.00  421,900.00     6.75   2,373.19   10/1/2004          100      0-29      6ML            5
35191501         359      184,000.00  183,800.00      7.5   1,286.56   10/1/2004        63.45      0-29      6ML        4.625
4000161589       359      297,000.00  296,779.58      7.5   2,076.67   10/1/2004        92.81      0-29      6ML         5.25
35012327         359       63,200.00   63,156.50    7.875     458.25   10/1/2004           80      0-29      6ML            6
4000167369       358      209,000.00  208,656.30    6.999   1,390.34   10/1/2004           95      0-29      6ML        5.125
4000167754       359      108,500.00  108,429.03    8.125     805.61   10/1/2004           70      0-29      6ML        5.875
4000176408       360      142,500.00  142,500.00     7.75     920.31   11/1/2004        92.53      0-29      6ML         5.75
4000160455       359       85,000.00   84,328.88    6.999     565.45   11/1/2004        89.47      0-29      6ML         5.25
34994665         359      140,000.00  139,898.66    7.625     990.92   10/1/2004          100      0-29      6ML        5.625
34720763         359      255,000.00  255,000.00     6.75   1,434.38   10/1/2004           75      0-29      6ML         4.25
34016634         359       64,000.00   63,937.79    6.125     388.88   10/1/2004           80      0-29      6ML            4
35064732         358      119,200.00  119,200.00    6.375     633.25    9/1/2004           80      0-29      6ML        3.875
4000169408       359      188,000.00  187,655.48    6.875   1,235.03   11/1/2004           80      0-29      FIX            0
34983726         359      134,700.00  134,562.66    5.875     796.81   10/1/2004        79.99      0-29      6ML          4.5
34658021         359      118,750.00  118,650.23    6.875     780.11   10/1/2004        71.11      0-29      FIX            0
34521815         359       45,000.00   44,968.01    8.375     342.04   10/1/2004           90      0-29      6ML        7.125
33864208         359      200,000.00  199,505.60    6.125   1,215.23   10/1/2004        78.63      0-29      6ML        3.875
34700625         359      220,000.00  220,000.00        6   1,100.00   10/1/2004           80      0-29      6ML         4.25
34962472         358       35,000.00   34,947.88      7.5     244.73    9/1/2004        77.78      0-29      6ML        5.125

<CAPTION>
             INITIAL  PERIODIC                           PREPAYMENT
  LOANID       CAP      CAP       FLOOR    CEILING          TERM                                PREPAYMENT PENALTY
--------------------------------------------------------------------------------------------------------------------------
<S>             <C>      <C>      <C>       <C>              <C>                        <C>
35303247        3        1          6.5       12.5           24                              6 mo.s interest less 20% obal
35234400        3        1        7.625     13.625           36                              6 mo.s interest less 20% obal
34077594        3        1         7.99      13.99            0                                                       None
35156397        3        1        6.625     12.625            0                                                       None
4000167294      3        1          5.5       11.5           24                              6 mo.s interest less 20% obal
34719336        3        1        6.625     12.625           24                              6 mo.s interest less 20% obal
34857482        3        1        7.125     13.125           12                              3%/2%/1%-1st yr/2nd yr/3rd yr
34070276        3        1        7.375     13.375           24                              6 mo.s interest less 20% obal
35010909        3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
34971994        3        1         6.25      12.25           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34759464        3        1        6.375     12.375           24                              6 mo.s interest less 20% obal
35160332        3        1        7.875     13.875            0                                                       None
34375246        3        1         8.75      14.75            0                                                       None
4000169941      3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
4000166318      3        1        7.625     13.625           36                              6 mo.s interest less 20% obal
34973941        3        1         6.99      12.99           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34620989        3        1         6.75      12.75           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000175456      3        1        6.875     12.875           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000173161      3        1        5.625     11.625           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000175077      0        0            0          0           36                                                 1% prepaid
4000163987      3        1         6.25      12.25           36                              6 mo.s interest less 20% obal
35127190        3        1        6.875     12.875           12                              3%/2%/1%-1st yr/2nd yr/3rd yr
34658195        3        1         8.75      14.75           24                                                 2% prepaid
35246602        3        1        7.375     13.375           24                              6 mo.s interest less 20% obal
34281733        0        0            0          0            0                                                       None
4000158498      0        0            0          0           36                              6 mo.s interest less 20% obal
35325406        3        1        6.375     12.375           36                              6 mo.s interest less 20% obal
4000164612      3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
34020677        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
34719856        3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
35107291        3        1        8.875     14.875            0                                                       None
4000168832      3        1        8.625     14.625           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35230184        3        1         6.75      12.75           36                              6 mo.s interest less 20% obal
34441287        3        1        6.375     12.375            0                                                       None
34934927        0        0            0          0           36                              6 mo.s interest less 20% obal
35028752        3        1          7.5       13.5            0                                                       None
4000177888      0        0            0          0            0                                                       None
35192343        3        1         6.25      12.25           36                              6 mo.s interest less 20% obal
4000172593      0        0            0          0           36                                                 1% prepaid
35035054        3        1        6.375     12.375           36                              6 mo.s interest less 20% obal
34899757        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
34989368        3        1        5.875     11.875           36                         min (2% prepaid, 60 days interest)
4000163831      3        1         6.25      12.25           36                              6 mo.s interest less 20% obal
4000174738      3        1        8.625     14.625            0                                                       None
4000167313      3        1          7.5       13.5           12                              6 mo.s interest less 20% obal
35151539        3        1         5.25      11.25            0                                                       None
34483339        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
34733915        3        1            8         14           24                              6 mo.s interest less 20% obal
35134667        3        1         6.25      12.25           12                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000175551      3        1         8.25      14.25           36                              3%/2%/1%-1st yr/2nd yr/3rd yr
34704692        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
35110790        3        1        6.875     12.875           24                              6 mo.s interest less 20% obal
34961516        3        1         6.99      12.99           24                              6 mo.s interest less 20% obal
34957985        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
4000162570      3        1        6.625     12.625           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34996496        3        1        6.875     12.875           36                         min (2% prepaid, 60 days interest)
4000157547      3        1          6.5       12.5            0                                                       None
4000157497      3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
35123686        3        1         6.25      12.25           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
35136019        3        1         7.25      13.25            0                                                       None
34716902        3        1        5.125     11.125           24                              6 mo.s interest less 20% obal
34464099        3        1         6.25      12.25           24                              6 mo.s interest less 20% obal
35023407        3        1         6.25      12.25           36                              6 mo.s interest less 20% obal
34719799        3        1        6.125     12.125           24                              6 mo.s interest less 20% obal
34977074        3        1        8.125     14.125           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000171271      3        1        5.875     11.875           24                              6 mo.s interest less 20% obal
4000177452      3        1         6.75      12.75           12                              6 mo.s interest less 20% obal
35191501        3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
4000161589      3        1          7.5       13.5           24                              6 mo.s interest less 20% obal
35012327        3        1        7.875     13.875           24                                                 2% prepaid
4000167369      3        1        6.999     12.999           36                              6 mo.s interest less 20% obal
4000167754      3        1        8.125     14.125           24                              6 mo.s interest less 20% obal
4000176408      3        1         7.75      13.75           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
4000160455      3        1        6.999     12.999           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
34994665        3        1        7.625     13.625           36                         min (2% prepaid, 60 days interest)
34720763        3        1         6.75      12.75           24                              6 mo.s interest less 20% obal
34016634        3        1        6.125     12.125            0                                                       None
35064732        3        1        6.375     12.375            0                                                       None
4000169408      0        0            0          0           36                              6 mo.s interest less 20% obal
34983726        3        1        5.875     11.875           36                         min (2% prepaid, 60 days interest)
34658021        0        0            0          0           36                                                 1% prepaid
34521815        3        1        8.375     14.375           24                              3%/2%/1%-1st yr/2nd yr/3rd yr
33864208        3        1        6.125     12.125           12                              6 mo.s interest less 20% obal
34700625        3        1            6         12           24                              6 mo.s interest less 20% obal
34962472        3        1          7.5       13.5           24                              6 mo.s interest less 20% obal

<CAPTION>
                                              PAYMENT
              FIRST RATE      RATE RESET       RESET                                  MI
  LOANID      RESET DATE       FREQUENCY     FREQUENCY  PURPOSE   DIV  IO    IOTERM  FLAG
-----------------------------------------------------------------------------------------
<S>           <C>                  <C>            <C>  <C>         <C>  <C>    <C>    <C>
35303247        9/1/2006           6              6    Purchase    N    Y      60     N
35234400        9/1/2009           6              6    Purchase    N    Y      60     N
34077594        8/1/2006           6              6    Purchase    N    Y      60     N
35156397        9/1/2007           6              6    Purchase    N    Y      60     N
4000167294      9/1/2006           6              6    Purchase    N    Y      60     N
34719336        8/1/2006           6              6    Purchase    N    Y      60     N
34857482        8/1/2006           6              6    Purchase    N    Y      60     N
34070276        8/1/2006           6              6    C/O Refi    N    N       0     Y
35010909        8/1/2006           6              6    Purchase    N    Y      60     N
34971994        9/1/2007           6              6    C/O Refi    N    Y      60     N
34759464        8/1/2006           6              6    Purchase    N    Y      60     N
35160332        9/1/2007           6              6    Purchase    N    Y      60     N
34375246        9/1/2007           6              6    C/O Refi    N    N       0     N
4000169941      9/1/2006           6              6    R/T Refi    N    N       0     N
4000166318      9/1/2007           6              6    C/O Refi    N    Y      60     N
34973941        9/1/2006           6              6    Purchase    N    N       0     N
34620989        8/1/2006           6              6    Purchase    N    N       0     Y
4000175456      9/1/2006           6              6    C/O Refi    N    N       0     Y
4000173161      9/1/2006           6              6    Purchase    N    Y      60     N
4000175077    00/00/0000           0              0    R/T Refi    N    N       0     N
4000163987      9/1/2007           6              6    Purchase    N    Y      60     N
35127190        9/1/2006           6              6    C/O Refi    N    N       0     N
34658195        9/1/2006           6              6    C/O Refi    N    N       0     Y
35246602        9/1/2006           6              6    Purchase    N    N       0     N
34281733      00/00/0000           0              0    C/O Refi    N    N       0     N
4000158498    00/00/0000           0              0    Purchase    N    N       0     N
35325406        9/1/2009           6              6    Purchase    N    Y      60     N
4000164612      9/1/2009           6              6    Purchase    N    Y      60     N
34020677        9/1/2006           6              6    R/T Refi    N    Y      60     N
34719856        9/1/2006           6              6    Purchase    N    Y      60     N
35107291        9/1/2007           6              6    Purchase    N    N       0     N
4000168832      9/1/2006           6              6    C/O Refi    N    N       0     N
35230184        9/1/2007           6              6    Purchase    N    Y      60     N
34441287        9/1/2009           6              6    Purchase    N    Y      60     N
34934927      00/00/0000           0              0    Purchase    N    Y      60     N
35028752        9/1/2006           6              6    Purchase    N    Y      60     N
4000177888    00/00/0000           0              0    Purchase    N    N       0     Y
35192343        9/1/2007           6              6    Purchase    N    Y      60     N
4000172593    00/00/0000           0              0    Purchase    N    N       0     N
35035054        9/1/2007           6              6    C/O Refi    N    N       0     N
34899757        9/1/2006           6              6    C/O Refi    N    N       0     N
34989368        9/1/2006           6              6    Purchase    N    Y      60     N
4000163831      8/1/2009           6              6    Purchase    N    N       0     N
4000174738      9/1/2007           6              6    Purchase    N    N       0     N
4000167313      9/1/2006           6              6    C/O Refi    N    Y      60     N
35151539        9/1/2007           6              6    C/O Refi    N    Y      60     N
34483339        9/1/2006           6              6    Purchase    N    Y      60     N
34733915        9/1/2006           6              6    Purchase    N    N       0     Y
35134667        9/1/2006           6              6    C/O Refi    N    N       0     N
4000175551      9/1/2007           6              6    Purchase    N    N       0     N
34704692        9/1/2006           6              6    R/T Refi    N    Y      60     N
35110790        9/1/2006           6              6    Purchase    N    N       0     N
34961516        8/1/2006           6              6    C/O Refi    N    Y      60     Y
34957985        8/1/2006           6              6    C/O Refi    N    N       0     N
4000162570      9/1/2009           6              6    Purchase    N    Y      60     N
34996496        9/1/2006           6              6    C/O Refi    N    Y      60     N
4000157547      9/1/2007           6              6    Purchase    N    N       0     N
4000157497      9/1/2006           6              6    C/O Refi    N    Y      60     N
35123686        9/1/2006           6              6    Purchase    N    N       0     Y
35136019        9/1/2006           6              6    Purchase    N    N       0     N
34716902        8/1/2006           6              6    Purchase    N    N       0     N
34464099        7/1/2006           6              6    C/O Refi    N    Y      60     Y
35023407        9/1/2009           6              6    C/O Refi    N    N       0     N
34719799        9/1/2006           6              6    Purchase    N    Y      60     N
34977074        9/1/2006           6              6    Purchase    N    N       0     N
4000171271      9/1/2006           6              6    Purchase    N    Y      60     N
4000177452      9/1/2006           6              6    Purchase    N    Y      60     N
35191501        9/1/2006           6              6    C/O Refi    N    N       0     N
4000161589      9/1/2009           6              6    C/O Refi    N    N       0     Y
35012327        9/1/2006           6              6    Purchase    N    N       0     N
4000167369      8/1/2009           6              6    C/O Refi    N    N       0     Y
4000167754      9/1/2006           6              6    Purchase    N    N       0     N
4000176408     10/1/2006           6              6    C/O Refi    N    Y      60     N
4000160455      9/1/2006           6              6    R/T Refi    N    N       0     Y
34994665        9/1/2006           6              6    R/T Refi    N    N       0     N
34720763        9/1/2006           6              6    C/O Refi    N    Y      60     N
34016634        9/1/2006           6              6    C/O Refi    N    N       0     N
35064732        8/1/2007           6              6    R/T Refi    N    Y      60     N
4000169408    00/00/0000           0              0    Purchase    N    N       0     N
34983726        9/1/2006           6              6    Purchase    N    N       0     N
34658021      00/00/0000           0              0    C/O Refi    N    N       0     N
34521815        9/1/2006           6              6    Purchase    N    N       0     N
33864208        9/1/2006           6              6    C/O Refi    N    N       0     N
34700625        9/1/2006           6              6    Purchase    N    Y      60     N
34962472        8/1/2006           6              6    C/O Refi    N    N       0     N
</TABLE>



<PAGE>

                                    EXHIBIT E

                    FORM OF REQUEST FOR RELEASE OF DOCUMENTS

To:  JPMorgan Chase Bank
     4 New York Plaza, 6th Floor
     New York, New York  10004-2477
     Attn:  Global Debt Services - ABFC/FFMLT, Series 2004-FF10

     Re:  Pooling and Servicing Agreement dated as of October 1, 2004 among
          Asset Backed Funding Corporation, as depositor, Countrywide Home Loans
          Servicing LP, as Servicer, and JPMorgan Chase Bank, as trustee

          All capitalized terms used herein shall have the means ascribed to
them in the Pooling and Servicing Agreement (the "Agreement") referenced above.

          In connection with the administration of the Mortgage Loans held by
you as Trustee pursuant to the Agreement, we request the release, and hereby
acknowledge receipt, of the Trustee's Mortgage File for the Mortgage Loan
described below, for the reason indicated.

Mortgage Loan Number:

Mortgagor Name, Address & Zip Code:

Reason for Requesting Documents (check one):

_____ 1.     Mortgage Paid in Full

_____ 2.     Foreclosure

_____ 3.     Substitution

_____ 4.     Other Liquidation (Repurchases, etc.)

_____ 5.     Nonliquidation       Reason:_____________________

                                  By:
                                     -------------------------
                                     (authorized signer)

                                  Issuer:_____________________

                                  Address:____________________

                                  ____________________________

                                  Date:_______________________

                                       E-1
<PAGE>

Custodian

JPMorgan Chase Bank

          Please acknowledge the execution of the above request by your
signature and date below:


--------------------------------       ------------------
         Signature                     Date

Documents returned to Custodian:


--------------------------------       ------------------
         Custodian                     Date

                                       E-2
<PAGE>

                                   EXHIBIT F-1

                     FORM OF TRUSTEE'S INITIAL CERTIFICATION
                                                                __________, 20__

Asset Backed Funding Corporation
214 North Tryon Street
Charlotte, North Carolina 28255

Countrywide Home Loans Servicing LP
400 Countrywide Way, SV-A
Simi Valley, California 93065

          Re:  First Franklin Mortgage Loan Trust 2004-FF10,
               Asset-Backed Certificates, Series 2004-FF10

Ladies and Gentlemen:

          The undersigned, as Trustee, hereby certifies that, as except as noted
on the schedule of exceptions attached hereto as Schedule A, as to each Mortgage
Loan listed on the Mortgage Loan Schedule (other than any Mortgage Loan paid in
full or any Mortgage Loan listed on the attachment hereto) it has reviewed the
Mortgage Files and has determined that (i) all documents required to be
delivered to it pursuant to Section 2.01(a), (b), (c), (d) and (e) of the
Pooling and Servicing Agreement, dated as of October 1, 2004, among Asset Backed
Funding Corporation, as depositor, Countrywide Home Loans Servicing LP, as
servicer and the undersigned, as trustee (the "Agreement") are in its
possession, and if indicated as applicable in a separate writing delivered to
the Trustee, that all documents delivered to it pursuant to Section 2.01(f) of
the Agreement are in its possession; (ii) such documents have been reviewed by
it and appear regular on their face and related to such Mortgage Loan, (iii)
each Mortgage Note has been endorsed as provided in Section 2.01(a) of the
Agreement and each Mortgage has been assigned in accordance with Section 2.01(c)
and (d) of the Agreement and (iv) based on its examination of the documents in
the Mortgage File and only as to such documents, the Mortgage Loan information
attached hereto as Schedule B set forth for each Mortgage Loan on the related
Mortgage Loan Schedule with respect to such Mortgage Loan accurately reflects
information set forth in the related Mortgage File. The Trustee makes no
representations as to (i) the validity, legality, enforceability, sufficiency,
due authorization or genuineness of any of the documents contained in each
Mortgage File or of any of the Mortgage Loans or (ii) the collectability,
insurability, effectiveness or suitability of any such Mortgage Loan.

          This Initial Certification is not divisible or negotiable.

          The Trustee will accept and act on instructions with respect to the
Mortgage Loans subject hereto upon surrender of this Initial Certification at
its office at 1111 Fannin Street, 12th Floor, Houston, Texas 77002, Attention:
Manager - ABFC/FFMLT 2004-FF10.

                                      F-1-1
<PAGE>

          Capitalized terms used herein shall have the meaning ascribed to them
in the Agreement.


                                          JPMORGAN CHASE BANK,
                                          as Trustee

                                          By:
                                             -------------------------------

                                          Name:
                                               -----------------------------

                                          Title:
                                                ----------------------------

                                      F-1-2
<PAGE>

                      SCHEDULE A - TO INITIAL CERTIFICATION

                                   EXCEPTIONS

                             (ON FILE WITH TRUSTEE)



                                      F-1-3
<PAGE>

                      SCHEDULE B - TO INITIAL CERTIFICATION

                            MORTGAGE LOAN INFORMATION

1.   Loan Identification Number

2.   Mortgagor's Name

3.   State and Zip Code of Mortgaged Property

4.   Initial Mortgage Interest Rate

5.   Original Principal Balance

6.   Scheduled Maturity Date

7.   Initial Monthly Payment

8.   Initial Payment Date

9.   Gross Margin (for Adjustable Rate Mortgage Loans)

10.  Initial Adjustment Date (for Adjustable Rate Mortgage Loans)

11.  Maximum Mortgage Interest Rate (for Adjustable Rate Mortgage Loans)

12.  Minimum Mortgage Interest Rate (for Adjustable Rate Mortgage Loans)

13.  Periodic Interest Rate (for Adjustable Rate Mortgage Loans)

14.  Prepayment Charge Term (if applicable)

15.  Prepayment Charge Amount (if applicable)

                                      F-1-4
<PAGE>

                                   EXHIBIT F-2

                      FORM OF TRUSTEE'S FINAL CERTIFICATION
                                                                October 21, 2004

Asset Backed Funding Corporation
214 North Tryon Street, 21st Floor
Charlotte, North Carolina  28255

Countrywide Home Loans Servicing LP
400 Countrywide Way, SV-A
Simi Valley, California  93065

          Re:  First Franklin Mortgage Loan Trust 2004-FF10,
               Asset-Backed Certificates, Series 2004-FF10

Ladies and Gentlemen:

          The undersigned, as Trustee, hereby certifies that, as except as noted
on the schedule of exceptions attached hereto as Schedule A, as to each Mortgage
Loan listed on the Mortgage Loan Schedule (other than any Mortgage Loan paid in
full or any Mortgage Loan listed on the attachment hereto) it has reviewed the
Mortgage Files and has determined that (a) all documents required to be
delivered to it pursuant to Section 2.01(a), (b), (c), (d) and (e) of the
Pooling and Servicing Agreement, dated as of October 1, 2004, among Asset Backed
Funding Corporation, as depositor, Countrywide Home Loan Servicing LP, as
servicer and the undersigned, as trustee (the "Agreement") are in its
possession, and if indicated as applicable in a separate writing delivered to
the Trustee, that all documents delivered to it pursuant to Section 2.01(f) of
the Agreement are in its possession; (b) such documents have been reviewed by it
and appear regular on their face and related to such Mortgage Loan, (c) each
Mortgage Note has been endorsed as provided in Section 2.01(a) of the Agreement
and each Mortgage has been assigned in accordance with Sections 2.01(c) and (d)
of the Agreement and (d) based on its examination of the documents in the
Mortgage File and only as to such documents, the Mortgage Loan information
attached hereto as Schedule B set forth for each Mortgage Loan on the related
Mortgage Loan Schedule with respect to such Mortgage Loan accurately reflects
information set forth in the related Mortgage File. The Trustee makes no
representations as to (x) the validity, legality, enforceability, sufficiency,
due authorization or genuineness of any of the documents contained in each
Mortgage File or of any of the Mortgage Loans or (y) the collectability,
insurability, effectiveness or suitability of any such Mortgage Loan.

          This Final Certification is not divisible or negotiable.

          The Trustee will accept and act on instructions with respect to the
Mortgage Loans subject hereto upon surrender of this Final Certification at its
office at 1111 Fannin Street, 12th Floor, Houston, Texas 77002, Attention:
Manager- ABFC/FFMLT 2004-FF10.

                                      F-2-1
<PAGE>

          Capitalized terms used herein shall have the meaning ascribed to them
in the Agreement.


                                          JPMORGAN CHASE BANK,
                                          as Trustee

                                          By:
                                             -------------------------------

                                          Name:
                                               -----------------------------

                                          Title:
                                                ----------------------------

                                      F-2-2
<PAGE>

                       SCHEDULE A - TO FINAL CERTIFICATION

                                   EXCEPTIONS

                             (ON FILE WITH TRUSTEE)



                                      F-2-3
<PAGE>

                       SCHEDULE B - TO FINAL CERTIFICATION

                            MORTGAGE LOAN INFORMATION

1.   Loan Identification Number

2.   Mortgagor's Name

3.   State and Zip Code of Mortgaged Property

4.   Initial Mortgage Interest Rate

5.   Original Principal Balance

6.   Scheduled Maturity Date

7.   Initial Monthly Payment

8.   Initial Payment Date

9.   Gross Margin (for Adjustable Rate Mortgage Loans)

10.  Initial Adjustment Date (for Adjustable Rate Mortgage Loans)

11.  Maximum Mortgage Interest Rate (for Adjustable Rate Mortgage Loans)

12.  Minimum Mortgage Interest Rate (for Adjustable Rate Mortgage Loans)

13.  Periodic Interest Rate (for Adjustable Rate Mortgage Loans)

14.  Prepayment Charge Term (if applicable)

15.  Prepayment Charge Amount (if applicable)

                                      F-2-4
<PAGE>

                                   EXHIBIT F-3

                        FORM OF RECEIPT OF MORTGAGE NOTE

Asset Backed Funding Corporation
214 North Tryon Street
21st Floor
Charlotte, North Carolina  28255

     Re:  First Franklin Mortgage Loan Trust 2004-FF10,
          Asset-Backed Certificates, Series 2004-FF10

Ladies and Gentlemen:

          Pursuant to Section 2.01 of the Pooling and Servicing Agreement, dated
as of October 1, 2004, among Asset Backed Funding Corporation, as depositor,
Countrywide Home Loans Servicing LP, as Servicer, and JPMorgan Chase Bank, as
trustee, we hereby acknowledge the receipt of the original Mortgage Note, or,
with respect to any lost Mortgage Note, an original Lost Note Affidavit,
together with a copy of the related Mortgage Note (a copy of which is attached
hereto as Exhibit 1) with any exceptions thereto listed on Exhibit 2.

                                             JPMORGAN CHASE BANK,
                                               as Trustee

                                             By:
                                                --------------------------------
                                                Name:
                                                Title:

                                      F-3-1
<PAGE>

                                    EXHIBIT G

                        MORTGAGE LOAN PURCHASE AGREEMENT

                             (ON FILE WITH TRUSTEE)

                                       G-1
<PAGE>

                                    EXHIBIT H

                           FORM OF LOST NOTE AFFIDAVIT

          Personally appeared before me the undersigned authority to administer
oaths, ______________________ who first being duly sworn deposes and says:
Deponent is ______________________ of ______________________________, successor
by merger to _________________________________________ ("Seller") and who has
personal knowledge of the facts set out in this affidavit.

          On ___________________, _________________________ did execute and
deliver a promissory note in the principal amount of $__________.

          That said note has been misplaced or lost through causes unknown and
is presently lost and unavailable after diligent search has been made. Seller's
records show that an amount of principal and interest on said note is still
presently outstanding, due, and unpaid, and Seller is still owner and holder in
due course of said lost note.

          Seller executes this Affidavit for the purpose of inducing JPMorgan
Chase Bank, as trustee on behalf of First Franklin Mortgage Loan Trust
2004-FF10, Asset-Backed Certificates, Series 2004-FF10, to accept the transfer
of the above described loan from Seller.

          Seller agrees to indemnify and hold harmless JPMorgan Chase Bank and
Asset Backed Funding Corporation for any losses incurred by such parties
resulting from the above described promissory note has been lost or misplaced.

                                             By:
                                                --------------------------------
                                             -----------------------------------

STATE OF               )
                       )   SS:
COUNTY OF              )

          On this ____ day of _______ 20__, before me, a Notary Public, in and
for said County and State, appeared ________________________, who acknowledged
the extension of the foregoing and who, having been duly sworn, states that any
representations therein contained are true.

          Witness my hand and Notarial Seal this ____ day of _______ 20__.

_________________________________________

_________________________________________

My commission expires____________________.

                                       H-1
<PAGE>

                                    EXHIBIT I

                          FORM OF ERISA REPRESENTATION

JPMorgan Chase Bank
4 New York Plaza, 6th Floor
New York, New York  10004-2477
Attn:  Global Debt Services - ABFC/FFMLT, Series 2004-FF10

Asset Backed Funding Corporation
214 North Tryon Street
21st Floor
Charlotte, North Carolina  28255

     Re:  First Franklin Mortgage Loan Trust 2004-FF10,
          Asset-Backed Certificates, Series 2004-FF10

Ladies and Gentlemen:

          1.   [The undersigned is the ______________________ of _______________
(the "Transferee") a [corporation duly organized] and existing under the laws of
__________, on behalf of which he makes this affidavit.] [The undersigned,
___________________, is the transferee (the "Transferee").]

          2.   The Transferee hereby acknowledges that under the terms of the
Pooling and Servicing Agreement (the "Agreement") dated as of October 1, 2004,
among Asset Backed Funding Corporation, as depositor (the "Depositor"),
Countrywide Home Loans Servicing LP as Servicer, and JPMorgan Chase Bank, as
trustee (the "Trustee"), no transfer of the ERISA-Restricted Certificates shall
be permitted to be made to any person unless the Depositor and the Certificate
Registrar (as defined in the Agreement) have received a certificate from such
transferee in the form hereof.

          3.   The Transferee either (x) (i) is not an employee benefit plan
subject to Section 406 or Section 407 of the Employee Retirement Income Security
Act of 1974, as amended ("ERISA"), or Section 4975 of the Internal Revenue Code
of 1986, as amended (the "Code") or any materially similar provisions of
applicable federal, state or local law ("Similar Law"), the Trustee of any such
plan or a person acting on behalf of any such plan nor a person using the assets
of any such plan or (ii) (except in the case of the Class R, Class CE and Class
P Certificates) is an insurance company which is purchasing such Certificates
with funds contained in an "insurance company general account" (as such term is
defined in Section V(e) of Prohibited Transaction Class Exemption 95-60 ("PTCE
95-60") and that the purchase and holding of such Certificates are covered under
Sections I and III of PTCE 95-60 or (y) (except in the case of the Class R
Certificate) shall deliver to the Certificate Registrar and the Depositor an
opinion of counsel (a "Benefit Plan Opinion") satisfactory to the Certificate
Registrar, and upon which the Certificate Registrar and the Depositor shall be
entitled to rely, to the effect that the purchase or holding of such Certificate
by the Transferee will not constitute or result in a non-exempt prohibited
transaction within the meaning of ERISA or Section 4975 of the Code (or similar
provisions of Similar Law) and will not subject the Trustee or the Depositor to
any

                                       I-1
<PAGE>

obligation in addition to those undertaken by such entities in the Pooling and
Servicing Agreement, which opinion of counsel shall not be an expense of the
Trustee or the Depositor.

          Capitalized terms used but not defined herein shall have the meanings
ascribed to such terms in the Agreement.

          IN WITNESS WHEREOF, the Transferee has executed this certificate.

                                             -----------------------------------
                                             [Transferee]

                                             By:
                                                --------------------------------
                                                Name:
                                                Title:

                                       I-2
<PAGE>

                                    EXHIBIT J

                    FORM OF INVESTMENT LETTER [NON-RULE 144A]

                                                                [DATE]

Asset Backed Funding Corporation
214 North Tryon Street
21st Floor
Charlotte, North Carolina  28255

JPMorgan Chase Bank
4 New York Plaza, 6th Floor
New York, New York  10004-2477
Attn:  Global Debt Services - ABFC/FFMLT, Series 2004-FF10

Ladies and Gentlemen:

          In connection with our acquisition of the First Franklin Mortgage Loan
Trust 2004-FF10, Asset-Backed Certificates, Series 2004-FF10 (the
"Certificates"), we certify that (a) we understand that the Certificates are not
being registered under the Securities Act of 1933, as amended (the "Act"), or
any state securities laws and are being transferred to us in a transaction that
is exempt from the registration requirements of the Act and any such laws, (b)
we are an "accredited investor," as defined in Regulation D under the Act, and
have such knowledge and experience in financial and business matters that we are
capable of evaluating the merits and risks of investments in the Certificates,
(c) we have had the opportunity to ask questions of and receive answers from the
Depositor concerning the purchase of the Certificates and all matters relating
thereto or any additional information deemed necessary to our decision to
purchase the Certificates, (d) we are acquiring the Certificates for investment
for our own account and not with a view to any distribution of such Certificates
(but without prejudice to our right at all times to sell or otherwise dispose of
the Certificates in accordance with clause (g) below), (e) we agree that the
Certificates must be held indefinitely by us and we acknowledge that we are able
to bear the economic risk of investment in the Certificates, (f) we have not
offered or sold any Certificates to, or solicited offers to buy any Certificates
from, any person, or otherwise approached or negotiated with any person with
respect thereto, or taken any other action which would result in a violation of
Section 5 of the Act, (g) we will not sell, transfer or otherwise dispose of any
Certificates unless (1) such sale, transfer or other disposition is made
pursuant to an effective registration statement under the Act or is exempt from
such registration requirements, and if requested, we will at our expense provide
an opinion of counsel satisfactory to the addressees of this Certificate that
such sale, transfer or other disposition may be made pursuant to an exemption
from the Act, (2) the purchaser or transferee of such Certificate has executed
and delivered to you a certificate to substantially the same effect as this
certificate, and (3) the purchaser or transferee has otherwise complied with any
conditions for transfer set forth in the Pooling and Servicing Agreement and (h)
we acknowledge that the Certificates will bear a legend setting forth the
applicable restrictions on transfer.

                                       J-1
<PAGE>

                                             Very truly yours,

                                             [NAME OF TRANSFEREE]

                                             By:
                                                --------------------------------
                                                Authorized Officer

                                       J-2
<PAGE>

                       FORM OF RULE 144A INVESTMENT LETTER
                                     [DATE]

Asset Backed Funding Corporation
214 North Tryon Street
21st Floor
Charlotte, North Carolina  28255

JPMorgan Chase Bank
4 New York Plaza, 6th Floor
New York, New York  10004-2477
Attn:  Global Debt Services - ABFC/FFMLT, Series 2004-FF10

     Re:  First Franklin Mortgage Loan Trust 2004-FF10,
          Asset-Backed Certificates, Series 2004-FF10

Ladies and Gentlemen:

          In connection with our acquisition of the First Franklin Mortgage Loan
Trust 2004-FF10, Asset-Backed Certificates, Series 2004-FF10 (the
"Certificates"), we certify that (a) we understand that the Certificates are not
being registered under the Securities Act of 1933, as amended (the "Act"), or
any state securities laws and are being transferred to us in a transaction that
is exempt from the registration requirements of the Act and any such laws, (b)
we have had the opportunity to ask questions of and receive answers from the
Depositor concerning the purchase of the Certificates and all matters relating
thereto or any additional information deemed necessary to our decision to
purchase the Certificates, (c) we have not, nor has anyone acting on our behalf
offered, transferred, pledged, sold or otherwise disposed of the Certificates,
any interest in the Certificates or any other similar security to, or solicited
any offer to buy or accept a transfer, pledge or other disposition of the
Certificates, any interest in the Certificates or any other similar security
from, or otherwise approached or negotiated with respect to the Certificates,
any interest in the Certificates or any other similar security with, any person
in any manner, or made any general solicitation by means of general advertising
or in any other manner, or taken any other action, that would constitute a
distribution of the Certificates under the Securities Act or that would render
the disposition of the Certificates a violation of Section 5 of the Securities
Act or require registration pursuant thereto, nor will act, nor has authorized
or will authorize any person to act, in such manner with respect to the
Certificates, (d) we are a "qualified institutional buyer" as that term is
defined in Rule 144A under the Securities Act and have completed either of the
forms of certification to that effect attached hereto as Annex 1 or Annex 2. We
are aware that the sale to us is being made in reliance on Rule 144A. We are
acquiring the Certificates for our own account or for resale pursuant to Rule
144A and further, understand that such Certificates may be resold, pledged or
transferred only (i) to a person reasonably believed to be a qualified
institutional buyer that purchases for its own account or for the account of a
qualified institutional buyer to whom notice is given that the resale, pledge or
transfer is being made in reliance on Rule 144A, and who executes a
certification in the form of this letter and a certification in the form of
either Annex 1 or Annex 2 attached hereto, or (ii) pursuant to another exemption
from registration under the Securities Act.

                                       J-3
<PAGE>

                                             Very truly yours,

                                             [NAME OF TRANSFEREE]

                                             By:
                                                --------------------------------
                                                Authorized Officer

                                       J-4
<PAGE>

                                                            ANNEX 1 TO EXHIBIT J

            QUALIFIED INSTITUTIONAL BUYER STATUS UNDER SEC RULE 144A

          [For Transferees Other Than Registered Investment Companies]

          The undersigned (the "Buyer") hereby certifies as follows to the
parties listed in the Rule 144A Transferee Certificate to which this
certification relates with respect to the Certificates described therein:

          i.   As indicated below, the undersigned is the President, Chief
Financial Officer, Senior Vice President or other executive officer of the
Buyer.

          ii.  In connection with purchases by the Buyer, the Buyer is a
"qualified institutional buyer" as that term is defined in Rule 144A under the
Securities Act of 1933, as amended ("Rule 144A") because (i) the Buyer owned
and/or invested on a discretionary basis $________ /1/ in securities (except for
the excluded securities referred to below) as of the end of the Buyer's most
recent fiscal year (such amount being calculated in accordance with Rule 144A
and (ii) the Buyer satisfies the criteria in the category marked below.

          ___  Corporation, etc. The Buyer is a corporation (other than a bank,
          savings and loan association or similar institution), Massachusetts or
          similar business trust, partnership, or charitable organization
          described in Section 501(c)(3) of the Internal Revenue Code of 1986,
          as amended.

          ___  Bank. The Buyer (a) is a national bank or banking institution
          organized under the laws of any State, territory or the District of
          Columbia, the business of which is substantially confined to banking
          and is supervised by the State or territorial banking commission or
          similar official or is a foreign bank or equivalent institution, and
          (b) has an audited net worth of at least $25,000,000 as demonstrated
          in its latest annual financial statements, a copy of which is attached
          hereto.

          ___  Savings and Loan. The Buyer (a) is a savings and loan
          association, building and loan association, cooperative bank,
          homestead association or similar institution, which is supervised and
          examined by a State or Federal authority having supervision over any
          such institutions or is a foreign savings and loan association or
          equivalent institution and (b) has an audited net worth of at least
          $25,000,000 as demonstrated in its latest annual financial statements,
          a copy of which is attached hereto.

          ___  Broker-dealer. The Buyer is a dealer registered pursuant to
          Section 15 of the Securities Exchange Act of 1934.

----------
     /1/  Buyer must own and/or invest on a discretionary basis at least
$__________ in securities unless Buyer is a dealer, and, in that case, Buyer
must own and/or invest on a discretionary basis at least $__________ in
securities.

                                       J-5
<PAGE>

          ___  Insurance Company. The Buyer is an insurance company whose
          primary and predominant business activity is the writing of insurance
          or the reinsuring of risks underwritten by insurance companies and
          which is subject to supervision by the insurance commissioner or a
          similar official or agency of a State, territory or the District of
          Columbia.

          ___  State or Local Plan. The Buyer is a plan established and
          maintained by a State, its political subdivisions, or any agency or
          instrumentality of the State or its political subdivisions, for the
          benefit of its employees.

          ___  ERISA Plan. The Buyer is an employee benefit plan within the
          meaning of Title I of the Employee Retirement Income Security Act of
          1974.

          ___  Investment Advisor. The Buyer is an investment advisor registered
          under the Investment Advisors Act of 1940.

          ___  Small Business Investment Company. Buyer is a small business
          investment company licensed by the U.S. Small Business Administration
          under Section 301(c) or (d) of the Small Business Investment Act of
          1958.

          ___  Business Development Company. Buyer is a business development
          company as defined in Section 202(a)(22) of the Investment Advisors
          Act of 1940.

          iii. The term "securities" as used herein does not include (i)
securities of issuers that are affiliated with the Buyer, (ii) securities that
are part of an unsold allotment to or subscription by the Buyer, if the Buyer is
a dealer, (iii) securities issued or guaranteed by the U.S. or any
instrumentality thereof, (iv) bank deposit notes and certificates of deposit,
(v) loan participations, (vi) repurchase agreements, (vii) securities owned but
subject to a repurchase agreement and (viii) currency, interest rate and
commodity swaps.

          iv.  For purposes of determining the aggregate amount of securities
owned and/or invested on a discretionary basis by the Buyer, the Buyer used the
cost of such securities to the Buyer and did not include any of the securities
referred to in the preceding paragraph, except (i) where the Buyer reports its
securities holdings in its financial statements on the basis of their market
value, and (ii) no current information with respect to the cost of those
securities has been published. If clause (ii) in the preceding sentence applies,
the securities may be valued at market. Further, in determining such aggregate
amount, the Buyer may have included securities owned by subsidiaries of the
Buyer, but only if such subsidiaries are consolidated with the Buyer in its
financial statements prepared in accordance with generally accepted accounting
principles and if the investments of such subsidiaries are managed under the
Buyer's direction. However, such securities were not included if the Buyer is a
majority-owned, consolidated subsidiary of another enterprise and the Buyer is
not itself a reporting company under the Securities Exchange Act of 1934, as
amended.

          v.   The Buyer acknowledges that it is familiar with Rule 144A and
understands that the seller to it and other parties related to the Certificates
are relying and will

                                       J-6
<PAGE>

continue to rely on the statements made herein because one or more sales to the
Buyer may be in reliance on Rule 144A.

          vi.  Until the date of purchase of the Rule 144A Securities, the Buyer
will notify each of the parties to which this certification is made of any
changes in the information and conclusions herein. Until such notice is given,
the Buyer's purchase of the Certificates will constitute a reaffirmation of this
certification as of the date of such purchase. In addition, if the Buyer is a
bank or savings and loan is provided above, the Buyer agrees that it will
furnish to such parties updated annual financial statements promptly after they
become available.


                                             -----------------------------------
                                             Print Name of Buyer


                                             By:
                                                --------------------------------
                                                Name:
                                                Title:


                                             Date:
                                                  ------------------------------

                                       J-7
<PAGE>

                                                            ANNEX 2 TO EXHIBIT J

            QUALIFIED INSTITUTIONAL BUYER STATUS UNDER SEC RULE 144A

           [For Transferees That are Registered Investment Companies]

          The undersigned (the "Buyer") hereby certifies as follows to the
parties listed in the Rule 144A Transferee Certificate to which this
certification relates with respect to the Certificates described therein:

          1.   As indicated below, the undersigned is the President, Chief
Financial Officer or Senior Vice President of the Buyer or, if the Buyer is a
"qualified institutional buyer" as that term is defined in Rule 144A under the
Securities Act of 1933, as amended ("Rule 144A") because Buyer is part of a
Family of Investment Companies (as defined below), is such an officer of the
Adviser.

          2.   In connection with purchases by Buyer, the Buyer is a "qualified
institutional buyer" as defined in SEC Rule 144A because (i) the Buyer is an
investment company registered under the Investment Company Act of 1940, as
amended and (ii) as marked below, the Buyer alone, or the Buyer's Family of
Investment Companies, owned at least $100,000,000 in securities (other than the
excluded securities referred to below) as of the end of the Buyer's most recent
fiscal year. For purposes of determining the amount of securities owned by the
Buyer or the Buyer's Family of Investment Companies, the cost of such securities
was used, except (i) where the Buyer or the Buyer's Family of Investment
Companies reports its securities holdings in its financial statements on the
basis of their market value, and (ii) no current information with respect to the
cost of those securities has been published. If clause (ii) in the preceding
sentence applies, the securities may be valued at market.

          ___  The Buyer owned $_______ in securities (other than the excluded
          securities referred to below) as of the end of the Buyer's most recent
          fiscal year (such amount being calculated in accordance with Rule
          144A).

          ___  The Buyer is part of a Family of Investment Companies which owned
          in the aggregate $_______ in securities (other than the excluded
          securities referred to below) as of the end of the Buyer's most recent
          fiscal year (such amount being calculated in accordance with Rule
          144A).

          3.   The term "Family of Investment Companies" as used herein means
two or more registered investment companies (or series thereof) that have the
same investment adviser or investment advisers that are affiliated (by virtue of
being majority owned subsidiaries of the same parent or because one investment
adviser is a majority owned subsidiary of the other).

          4.   The term "securities" as used herein does not include (i)
securities of issuers that are affiliated with the Buyer or are part of the
Buyer's Family of Investment Companies, (ii) securities issued or guaranteed by
the U.S. or any instrumentality thereof, (iii) bank deposit notes and
certificates of deposit, (iv) loan participations, (v) repurchase agreements,
(vi) securities owned but subject to a repurchase agreement and (vii) currency,
interest rate and commodity swaps.

                                       J-8
<PAGE>

          5.   The Buyer is familiar with Rule 144A and understands that the
parties listed in the Rule 144A Transferee Certificate to which this
certification relates are relying and will continue to rely on the statements
made herein because one or more sales to the Buyer will be in reliance on Rule
144A. In addition, the Buyer will only purchase for the Buyer's own account.

          6.   Until the date of purchase of the Certificates, the undersigned
will notify the parties listed in the Rule 144A Transferee Certificate to which
this certification relates of any changes in the information and conclusions
herein. Until such notice is given, the Buyer's purchase of the Certificates
will constitute a reaffirmation of this certification by the undersigned as of
the date of such purchase.


                                             -----------------------------------
                                             Print Name of Buyer or Adviser


                                             By:
                                                --------------------------------
                                                Name:
                                                Title:


                                             IF AN ADVISER:


                                             ------------------------------
                                             Print Name of Buyer


                                             Date:
                                                  ------------------------------

                                       J-9
<PAGE>

                                    EXHIBIT K

                 FORM OF CLASS R CERTIFICATE TRANSFER AFFIDAVIT

                  FIRST FRANKLIN MORTGAGE LOAN TRUST 2004-FF10,
                   ASSET-BACKED CERTIFICATES, SERIES 2004-FF10

STATE OF               )
                       ) ss.:
COUNTY OF              )

          The undersigned, being first duly sworn, deposes and says as follows:

          1.   The undersigned is [an officer of]______________, the proposed
Transferee of an Ownership Interest in the Class R Certificates (the
"Certificate") issued pursuant to the Pooling and Servicing Agreement, (the
"Agreement"), relating to the above-referenced Certificates, among Asset Backed
Funding Corporation, as depositor, Countrywide Home Loans Servicing LP, as
Servicer, and JPMorgan Chase Bank, as trustee (the "Trustee"). Capitalized terms
used, but not defined herein shall have the meanings ascribed to such terms in
the Agreement. The Transferee has authorized the undersigned to make this
affidavit on behalf of the Transferee.

          2.   The Transferee is, as of the date hereof, and will be, as of the
date of the Transfer, a Permitted Transferee. The Transferee is acquiring its
Ownership Interest in the Certificates either (i) for its own account or (ii) as
nominee, trustee or agent for another Person and has attached hereto an
affidavit from such Person in substantially the same form as this affidavit. The
Transferee has no knowledge that any such affidavit is false.

          3.   The Transferee has been advised of, and understands that (i) a
tax will be imposed on Transfers of the Certificate to Persons that are a
Disqualified Organization; (ii) such tax will be imposed on the transferor, or,
if such Transfer is through an agent (which includes a broker, nominee or
middleman) for a Person that is a Disqualified Organization, on the agent; and
(iii) the Person otherwise liable for the tax shall be relieved of liability for
the tax if the subsequent Transferee furnished to such Person an affidavit that
such subsequent Transferee is not a Disqualified Organization and, at the time
of Transfer, such Person does not have actual knowledge that the affidavit is
false.

          4.   The Transferee has been advised of, and understands that a tax
will be imposed on a "pass-through entity" holding the Certificate if at any
time during the taxable year of the pass-through entity a Person that is a
Disqualified Organization is the record holder of an interest in such entity.
The Transferee understands that such tax will not be imposed for any period with
respect to which the record holder furnishes to the pass-through entity an
affidavit that such record holder is not a Disqualified Organization and the
pass-through entity does not have actual knowledge that such affidavit is false.
(For this purpose, a "pass-through entity" includes a regulated investment
company, a real estate investment trust or common trust fund, a

                                       K-1
<PAGE>

partnership, trust or estate, and certain cooperatives and, except as may be
provided in Treasury Regulations, persons holding interests in pass-through
entities as a nominee for another Person.)

          5.   The Transferee has reviewed the provisions of Section 5.02(d) of
the Agreement and understands the legal consequences of the acquisition of an
Ownership Interest in the Certificate including, without limitation, the
restrictions on subsequent Transfers and the provisions regarding voiding the
Transfer and mandatory sales. The Transferee expressly agrees to be bound by and
to abide by the provisions of Section 5.02(d) of the Agreement and the
restrictions noted on the face of the Certificate. The Transferee understands
and agrees that any breach of any of the representations included herein shall
render the Transfer to the Transferee contemplated hereby null and void.

          6.   The Transferee agrees to require a Transfer Affidavit from any
Person to whom the Transferee attempts to Transfer its Ownership Interest in the
Certificate, and in connection with any Transfer by a Person for whom the
Transferee is acting as nominee, trustee or agent, and the Transferee will not
Transfer its Ownership Interest or cause any Ownership Interest to be
Transferred to any Person that the Transferee knows is not a Permitted
Transferee. In connection with any such Transfer by the Transferee, the
Transferee agrees to deliver to the Trustee a certificate substantially in the
form set forth in this Exhibit L to the Agreement (a "Transferor Certificate")
to the effect that such Transferee has no actual knowledge that the Person to
which the Transfer is to be made is not a Permitted Transferee.

          7.   The Transferee does not have the intention to impede the
assessment or collection of any tax legally required to be paid with respect to
the Certificate.

          8.   The taxpayer identification number of the Transferee's nominee
is ___________.

          9.   The Transferee is a U.S. Person as defined in Code Section
7701(a)(30).

          10.  The Transferee is aware that the Certificate may be a
"noneconomic residual interest" within the meaning of Treasury regulations
promulgated pursuant to the Code and that the transferor of a noneconomic
residual interest will remain liable for any taxes due with respect to the
income on such residual interest, unless no significant purpose of the transfer
was to impede the assessment or collection of tax.

          11.  The Transferee has filed all required federal and state income
tax returns and has paid all federal and state income tax due and intends to
file and pay all such returns and taxes in the future.

          12.  The Transferee historically has paid its debts as they come due
and fully intends to be financially able to pay its debts, including any and all
tax liabilities, as they become due.

          13.  The Transferee understands that, as the holder of an Ownership
Interest in a Certificate, it may incur tax liabilities in excess of any cash
flows generated by such Ownership Interest and intends to pay all taxes
associated with holding such Ownership Interest as such taxes become due.

                                       K-2
<PAGE>

          14.  That the Transferee will not cause income from the Class R
Certificate to be attributable to a foreign permanent establishment or fixed
base, within the meaning of an applicable income tax treaty, of the Transferee
or any other person.

          15.  That, if the Transferee is purchasing the Class R Certificate in
a transfer intended to meet the safe harbor provisions of Treasury Regulations
Sections 1.860E-1(c), the Transferee has executed and attached Attachment A
hereto.

          16.  The Transferee is not an employee benefit plan that is subject to
ERISA or a plan that is subject to Section 4975 of the Code or a plan or
arrangement subject to any materially similar provisions of applicable federal,
state or local law, nor are we acting on behalf of such a plan.

                                       K-3
<PAGE>

          IN WITNESS WHEREOF, the Transferee has caused this instrument to be
executed on its behalf, pursuant to authority of its Board of Directors, by its
duly authorized officer, duly attested, this _________ day of _______, 20__.

                                             [NAME OF TRANSFEREE]


                                             By:
                                                --------------------------------
                                                Name:
                                                Title:

[Corporate Seal]

ATTEST:

[Assistant] Secretary

          Personally appeared before me the above-named ______, known or proved
to me to be the same person who executed the foregoing instrument and to be the
_________ of the Transferee, and acknowledged that he executed the same as his
free act and deed and the free act and deed of the Transferee.

          Subscribed and sworn before me this _______ day of __________, 20__.


                                             -----------------------------------
                                             NOTARY PUBLIC

                                             My Commission expires the ____ day
                                             of ___, 20__.

                                       K-4
<PAGE>

                                  ATTACHMENT A

                                       to

                   AFFIDAVIT PURSUANT TO SECTION 860E(e)(4) OF
                  THE INTERNAL REVENUE CODE OF 1986, AS AMENDED

Check the appropriate box:

        The consideration paid to the Transferee to acquire the Class R
Certificate equals or exceeds the excess of (a) the present value of the
anticipated tax liabilities over (b) the present value of the anticipated
savings associated with holding such Certificate, in each case calculated in
accordance with U.S. Treasury Regulations Sections 1.860E-1(c)(7) and (8),
computing present values using a discount rate equal to the short-term Federal
rate prescribed by Section 1274(d) of the Code and the compounding period used
by the Transferee.

                OR

        The transfer of the Class R Certificate complies with U.S. Treasury
Regulations Sections 1.860E-1(c)(5) and (6) and, accordingly:

                (i)     the Transferee is an "eligible corporation," as defined
        in U.S. Treasury Regulations Section 1.860E-1(c)(6)(i), as to which
        income from Class R Certificate will only be taxed in the United States;

                (ii)    at the time of the transfer, and at the close of the
        Transferee's two fiscal years preceding the year of the transfer, the
        Transferee had gross assets for financial reporting purposes (excluding
        any obligation of a person related to the Transferee within the meaning
        of U.S. Treasury Regulations Section 1.860E-1(c)(6)(ii)) in excess of
        $100 million and net assets in excess of $10 million;

                (iii)   the Transferee will transfer the Class R Certificate
        only to another "eligible corporation," as defined in U.S. Treasury
        Regulations Section 1.860E-1(c)(6)(i), in a transaction that satisfies
        the requirements of Sections 1.860E-1(c)(4)(i), (ii) and (iii) and
        Section 1.860E-1(c)(5) of the U.S. Treasury Regulations;

                (iv)    the Transferee has determined the consideration paid to
        it to acquire the Class R Certificate based on reasonable market
        assumptions (including, but not limited to, borrowing and investment
        rates, prepayment and loss assumptions, expense and reinvestment
        assumptions, tax rates and other factors specific to the Transferee)
        that it has determined in good faith; and

                (v)     in the event of any transfer of the Class R Certificate
        by the Transferee, the Transferee will require its transferee to
        complete a representation in the form of this Attachment A as a
        condition of the transferee's purchase of the Class R Certificate.

                                       K-5
<PAGE>

                                    EXHIBIT L

                         FORM OF TRANSFEROR CERTIFICATE

                                                                   [DATE]

JPMorgan Chase Bank
4 New York Plaza, 6th Floor
New York, New York  10004-2477
Attn:  Global Debt Services - ABFC/FFMLT, Series 2004-FF10

Asset Backed Funding Corporation
214 North Tryon Street
21st Floor
Charlotte, North Carolina 28255

     Re:  First Franklin Mortgage Loan Trust 2004-FF10,
          Asset-Backed Certificates, Series 2004-FF10

Ladies and Gentlemen:

          In connection with our disposition of the First Franklin Mortgage Loan
Trust 2004-FF10, Asset-Backed Certificates, Series 2004-FF10 (the
"Certificates"), we certify that (a) we understand that the Certificates have
not been registered under the Securities Act of 1933, as amended (the "Act"),
and are being disposed by us in a transaction that is exempt from the
registration requirements of the Act, (b) we have not offered or sold any
Certificates to, or solicited offers to buy any Certificates from, any person,
or otherwise approached or negotiated with any person with respect thereto, in a
manner that would be deemed, or taken any other action which would result in, a
violation of Section 5 of the Act, (c) to the extent we are disposing of the
Class R Certificate, we have no knowledge the Transferee is not a Permitted
Transferee and (d) no purpose of the proposed disposition of the Class R
Certificate is to impede the assessment or collection of tax.


                                             Very truly yours,


                                             [_____________________]


                                             By:
                                                ----------------------------

                                       L-1
<PAGE>

                                    EXHIBIT M

                    MONTHLY INFORMATION DELIVERED BY SERVICER

1.   With respect to the Mortgage Pool, the number and Principal Balances of all
     Mortgage Loans which were the subject of Principal Prepayments during the
     related Prepayment Period.

2.   With respect to the Mortgage Pool, the amount of all curtailments which
     were received during the related Prepayment Period.

3.   With respect to the Mortgage Pool, the aggregate amount of the principal
     portion of all Monthly Payments received during the related Collection
     Period.

4.   With respect to the Mortgage Pool, the amount of interest received on the
     Mortgage Loans during the related Collection Period.

5.   With respect to the Mortgage Pool, the aggregate amount of the Advances
     made and recovered with respect to such Distribution Date.

6.   With respect to the Mortgage Pool, the aggregate amount of the Servicing
     Advances made and recovered with respect to such Distribution Date.

7.   With respect to the Mortgage Pool, the delinquency and foreclosure
     information and the amount of Mortgage Loan Losses during the related
     Collection Period.

8.   The information contained in the Liquidation Report for the related
     Collection Period.

9.   With respect to the Mortgage Pool, the weighted average maturity, the
     weighted average Mortgage Interest Rate and the weighted average Net
     Mortgage Interest Rate as of the last day of the Collection Period
     preceding the related Interest Accrual Period.

10.  The Servicing Fees paid and Servicing Fees accrued during the related
     Collection Period.

11.  The Trustee Fees paid and Trustee Fees accrued during the related
     Collection Period.

12.  The Credit Risk Manager Fees paid and Credit Risk Manager Fees accrued
     during the related Collection Period.

13.  The PMI Insurer Fees paid and PMI Insurer Fees accrued during the related
     Collection Period.

14.  The amount of all payments or reimbursements to the Servicer paid or to be
     paid since the prior Distribution Date (or in the case of the first
     Distribution Date, since the Closing Date).

15.  The Pool Balance and the aggregate Principal Balance of the Mortgage Loans.

                                       M-1
<PAGE>

16.  With respect to the Mortgage Pool, the number of Mortgage Loans outstanding
     at the beginning and at the end of the related Collection Period.

17.  The aggregate interest accrued on the Mortgage Loans, at their respective
     Mortgage Interest Rates for the related Collection Period.

18.  The amount deposited in the Collection Account which may not be withdrawn
     therefrom pursuant to an Order of a United States Bankruptcy Court of
     competent jurisdiction imposing a stay pursuant to Section 362 of U.S.
     Bankruptcy Code.

19.  The aggregate Realized Losses in the Mortgage Pool since the Cut-off Date
     as of the end of the related Collection Period.

20.  The amount of Prepayment Charges received, the amount of Originator
     Prepayment Charge Payment Amounts paid, the amount of Servicer Prepayment
     Charge Payment Amounts paid, and the reason for any Prepayment Charges
     waived without a corresponding Servicer Prepayment Charge Payment Amount,
     all for the related Collection Period.

21.  The amount of Yield Maintenance Agreement Payments received on each Yield
     Maintenance Agreement with respect to such Distribution Date.

                                       M-2
<PAGE>

                                   EXHIBIT N-1

    FORM OF YIELD MAINTENANCE AGREEMENT RELATING TO THE CLASS A CERTIFICATES

                             (ON FILE WITH TRUSTEE)

                                      N-1-1
<PAGE>

                                   EXHIBIT N-2

         FORM OF YIELD MAINTENANCE AGREEMENT RELATING TO THE CLASS M-1,
                      CLASS M-2 AND CLASS M-3 CERTIFICATES

                             (ON FILE WITH TRUSTEE)

                                      N-2-1
<PAGE>

                                   EXHIBIT N-3

         FORM OF YIELD MAINTENANCE AGREEMENT RELATING TO THE CLASS M-4,
                CLASS M-5, CLASS M-6 AND CLASS M-7A CERTIFICATES

                             (ON FILE WITH TRUSTEE)

                                      N-3-1
<PAGE>

                                    EXHIBIT O

                              FORM OF CERTIFICATION

                  FIRST FRANKLIN MORTGAGE LOAN TRUST 2004-FF10,
                   ASSET-BACKED CERTIFICATES, SERIES 2004-FF10

          I, [identify the certifying individual] certify that:

1.   I have reviewed the annual report on Form 10-K, and all Monthly Form 8-K's
     containing Distribution Date Statements filed in respect of periods
     included in the year covered by this annual report, of the First Franklin
     Mortgage Loan Trust 2004-FF10;

2.   Based on my knowledge, the information in these reports, taken as a whole,
     does not contain any untrue statement of a material fact or omit to state a
     material fact necessary to make the statements made, in light of the
     circumstances under which such statements were made, not misleading as of
     the last day of the period covered by this annual report;

3.   Based on my knowledge, the distribution or servicing information required
     to be provided to the Trustee by the Servicer under the Pooling and
     Servicing Agreement, dated as of October 1, 2004 (the "Agreement"), among
     Asset Backed Funding Corporation, as depositor, Countrywide Home Loans
     Servicing LP, as Servicer (the "Servicer"), and JPMorgan Chase Bank, as
     trustee (the "Trustee") for inclusion in these reports is included in these
     reports;

4.   Based on my knowledge and upon the annual compliance statement included in
     the annual report on Form 10-K and required to be delivered to the Trustee
     in accordance with the terms of the Agreement, and except as disclosed in
     the reports, the Servicer has fulfilled its obligations under the
     Agreement;

5.   The reports disclose all significant deficiencies relating to the
     Servicer's compliance with the minimum servicing standards based upon the
     report provided by an independent public accountant, after conducting a
     review in compliance with the Uniform Single Attestation Program for
     Mortgage Bankers or similar procedure, as set forth in the Agreement, that
     is included in these reports; and

6.   In giving the certifications above, I have reasonably relied on information
     provided to me by the following unaffiliated parties: Countrywide Home
     Loans Servicing LP and JPMorgan Chase Bank.

                                             By:
                                                --------------------------------
                                                Name:
                                                Title:

                                       O-1
<PAGE>

                                   EXHIBIT P-1

      FORM OF CERTIFICATION TO BE PROVIDED BY THE TRUSTEE TO THE DEPOSITOR

                  FIRST FRANKLIN MORTGAGE LOAN TRUST 2004-FF10,
                   ASSET-BACKED CERTIFICATES, SERIES 2004-FF10

          The Trustee hereby certifies to Asset Backed Funding Corporation and
its officers, directors and affiliates, and with the knowledge and intent that
they will rely upon this certification, that:

1.   The trustee has reviewed the annual report on Form 10-K for the fiscal year
     [___], and all reports on Form 8-K containing distribution reports filed in
     respect of periods included in the year covered by that annual report,
     relating to the above-referenced Trust;

2.   Subject to paragraph (4), the distribution information in the distribution
     reports contained in all monthly Form 8-K's included in the year covered by
     the annual report on Form 10-K for the calendar year [____], taken as a
     whole, does not contain any untrue statement of a material fact or omit to
     state a material fact required by the Pooling and Servicing Agreement to be
     included therein and necessary to make the statements made, in light of the
     circumstances under which statements were made, not misleading as of the
     last day of the period covered by that annual report;

3.   The distribution information required to be provided by the Trustee under
     the Pooling and Servicing Agreement is included in these reports; and

4.   In compiling the distribution information and making the foregoing
     certifications, I have relied upon information furnished to me by the
     Servicer under the Pooling and Servicing Agreement. The Trustee shall have
     no responsibility or liability for any inaccuracy in such reports resulting
     from information so provided by the Servicer.

                                             JPMORGAN CHASE BANK, as Trustee

                                             By:
                                                --------------------------------
                                                Name:
                                                Title:

                                      P-1-1
<PAGE>

                                   EXHIBIT P-2

      FORM OF CERTIFICATION TO BE PROVIDED BY THE SERVICER TO THE DEPOSITOR

                  FIRST FRANKLIN MORTGAGE LOAN TRUST 2004-FF10,
                   ASSET-BACKED CERTIFICATES, SERIES 2004-FF10

          I, [identify the certifying individual], certify to Asset Backed
Funding Corporation and its officers, directors and affiliates, and with the
knowledge and intent that they will rely upon this certification, that:

1.   I have reviewed the annual report on Form 10-K for the calendar year [___],
     and all Monthly Form 8-K's containing Distribution Date Statements filed in
     respect of periods included in the year covered by that annual report, of
     the First Franklin Mortgage Loan Trust 2004-FF10;

2.   Based on my knowledge, the servicing information in the Distribution Date
     Statements contained in all Monthly Form 8-K's included in the year covered
     by the annual report on Form 10-K for the calendar year [___], taken as a
     whole, does not contain any untrue statement of a material fact or omit to
     state a material fact necessary to make the statements made, in light of
     the circumstances under which such statements were made, not misleading as
     of the last day of the period covered by that annual report;

3.   Based on my knowledge, the servicing information required to be provided to
     the Trustee by the Servicer under the Pooling and Servicing Agreement,
     dated as of October 1, 2004 (the "Agreement"), among Asset Backed Funding
     Corporation, as depositor, Countrywide Home Loans Servicing LP, as Servicer
     (the "Servicer"), and JPMorgan Chase Bank, as trustee (the "Trustee"), for
     inclusion in these reports is included in these reports;

4.   I am responsible for reviewing the activities performed by the Servicer
     under the Agreement and based upon my knowledge and the annual compliance
     review required under the Agreement, and except as disclosed in the
     reports, the Servicer has fulfilled its obligations under the Agreement;
     and

5.   The reports disclose all significant deficiencies relating to the
     Servicer's compliance with the minimum servicing standards based upon the
     report provided by an independent public accountant, after conducting a
     review in compliance with the Uniform Single Attestation Program for
     Mortgage Bankers or similar procedure, as set forth in the Agreement, that
     is included in these reports.

                                             COUNTRYWIDE HOME LOANS SERVICING LP

                                      P-2-2
<PAGE>

                                             By:
                                                --------------------------------
                                                Name:
                                                Title:

                                      P-2-3