|Encore Credit Receivables
      Trust                                                                    |  |              |  |               |  |         
|-------------------------------------------------------------------------------------------------------- |  | ------------ |  | ------------- |  | --------
|Asset-Backed Pass-Through
      Certificates, Series 2005-4                                              |  |              |  |              
|Schedule of Year-To-Date
      Principal and Interest Distributions to Certificateholders for
      2005 |  |             
|Class                                                                                                    |  | Interest     |  | Principal     |  | Realized
|                                                                                                         |  | Distribution |  | Paid          |  | Losses  
|CC                                                                                                       |  | 0.00         |  | 0.00          |  | 0.00    
|CE                                                                                                       |  | 90,984.97    |  | 1,964.42      |  | 0.00    
|CIO1                                                                                                     |  | 5,400,216.45 |  | 0.00          |  | 0.00    
|CIO2                                                                                                     |  | 0.00         |  | 0.00          |  | 0.00    
|CIO3                                                                                                     |  | 0.00         |  | 0.00          |  | 0.00    
|IA                                                                                                       |  | 2,226,903.99 |  | 7,301,720.18  |  | 0.00    
|IIA1                                                                                                     |  | 1,144,065.59 |  | 10,300,222.10 |  | 0.00    
|IIA2                                                                                                     |  | 259,427.50   |  | 0.00          |  | 0.00    
|IIA3                                                                                                     |  | 620,853.76   |  | 0.00          |  | 0.00    
|IIA4                                                                                                     |  | 162,523.20   |  | 0.00          |  | 0.00    
|M1                                                                                                       |  | 230,401.11   |  | 0.00          |  | 0.00    
|M10                                                                                                      |  | 47,850.00    |  | 0.00          |  | 0.00    
|M11                                                                                                      |  | 87,000.00    |  | 0.00          |  | 0.00    
|M12                                                                                                      |  | 139,200.00   |  | 0.00          |  | 0.00    
|M2                                                                                                       |  | 213,374.73   |  | 0.00          |  | 0.00    
|M3                                                                                                       |  | 145,193.33   |  | 0.00          |  | 0.00    
|M4                                                                                                       |  | 108,840.27   |  | 0.00          |  | 0.00    
|M5                                                                                                       |  | 106,840.27   |  | 0.00          |  | 0.00    
|M6                                                                                                       |  | 95,250.00    |  | 0.00          |  | 0.00    
|M7                                                                                                       |  | 108,340.69   |  | 0.00          |  | 0.00    
|M8                                                                                                       |  | 85,786.81    |  | 0.00          |  | 0.00    
|M9                                                                                                       |  | 81,125.00    |  | 0.00          |  | 0.00    
|P                                                                                                        |  | 224,877.80   |  | 0.00          |  | 0.00    
|R                                                                                                        |  | 0.00         |  | 0.00          |  | 0.00    

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