exv10w1



 






EXHIBIT 10.1




	 	 	 	 	 	 	 
	Contact:	 	Customer Services — CTSLink
	 	 	Wells Fargo Bank Minnesota, N.A.
	 	 	Securities Administration Services
	 	 	7485 New Horizon Way
	 	 	Frederick, MD 21703
	 

	 	www.ctslink.com	 	 	 	 
	 

	 	Telephone:
	 	(301) 815-6600	 	 
	 

	 	Fax:
	 	(301) 315-6660	 	 






SMT SERIES 2005-1

Record Date: November 30, 2005

Distribution Date: December 20, 2005



Certificateholder Distribution Summary





	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	Certificate	 	 	Certificate	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	Class	 	 	Pass-Through	 	 	Beginning	 	 	Interest	 	 	Principal	 	 	Current	 	 	Ending Certificate	 	 	Total	 	 	Cumulative
	Class	 	 	CUSIP	 	 	Description	 	 	Rate	 	 	Certificate Balance	 	 	Distribution	 	 	Distribution	 	 	Realized Loss	 	 	Balance	 	 	Distribution	 	 	Realized Loss
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	A-1
	 	 	81744FGM#	 	 	SEN	 	 	 	4.38938	%	 	 	 	203,734,575.87	 	 	 	 	745,223.73	 	 	 	 	12,703,483.18	 	 	 	 	0.00	 	 	 	 	191,031,092.69	 	 	 	 	13,448,706.91	 	 	 	 	0.00	 
	A-2
	 	 	 	81744FGN1	 	 	 	SEN	 	 	 	4.10000	%	 	 	 	74,607,271.12	 	 	 	 	254,908.18	 	 	 	 	5,498,921.74	 	 	 	 	0.00	 	 	 	 	69,108,349.47	 	 	 	 	5,753,829.92	 	 	 	 	0.00	 
	X-A
	 	 	 	81744FGP6	 	 	 	IO	 	 	 	0.62059	%	 	 	 	0.00	 	 	 	 	143,946.72	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	143,946.72	 	 	 	 	0.00	 
	X-B
	 	 	 	81744FGS0	 	 	 	IO	 	 	 	0.20769	%	 	 	 	0.00	 	 	 	 	1,350.97	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	1,350.97	 	 	 	 	0.00	 
	B-1
	 	 	 	81744FGQ4	 	 	 	SUB	 	 	 	4.57938	%	 	 	 	7,067,000.00	 	 	 	 	26,968.73	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	7,067,000.00	 	 	 	 	26,968.73	 	 	 	 	0.00	 
	B-2
	 	 	 	81744FGR2	 	 	 	SUB	 	 	 	4.85938	%	 	 	 	3,949,000.00	 	 	 	 	15,991.41	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	3,949,000.00	 	 	 	 	15,991.41	 	 	 	 	0.00	 
	B-3
	 	 	 	81744FGU5	 	 	 	SUB	 	 	 	5.40938	%	 	 	 	2,495,000.00	 	 	 	 	11,247.00	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	2,495,000.00	 	 	 	 	11,247.00	 	 	 	 	0.00	 
	B-4
	 	 	 	81744FGV3	 	 	 	SUB	 	 	 	4.93448	%	 	 	 	1,455,000.00	 	 	 	 	5,983.05	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	1,455,000.00	 	 	 	 	5,983.05	 	 	 	 	0.00	 
	B-5
	 	 	 	81744FGW1	 	 	 	SUB	 	 	 	4.93448	%	 	 	 	831,000.00	 	 	 	 	3,417.13	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	831,000.00	 	 	 	 	3,417.13	 	 	 	 	0.00	 
	B-6
	 	 	 	81744FGX9	 	 	 	SUB	 	 	 	4.93448	%	 	 	 	1,871,544.03	 	 	 	 	7,695.91	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	1,871,544.03	 	 	 	 	7,695.91	 	 	 	 	0.00	 
	A-R
	 	 	 	81744FGT8	 	 	 	RES	 	 	 	3.94036	%	 	 	 	0.00	 	 	 	 	0.10	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.10	 	 	 	 	0.00	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Totals
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	296,010,391.11	 	 	 	 	1,216,732.93	 	 	 	 	18,202,404.92	 	 	 	 	0.00	 	 	 	 	277,807,986.19	 	 	 	 	19,419,137.85	 	 	 	 	0.00	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 





Principal Distribution Factors Statement



	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	Beginning	 	 	Scheduled	 	Unscheduled	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	Original Face	 	 	Certificate	 	 	Principal	 	Principal	 	 	 	 	 	Realized	 	 	Total Principal	 	 	Ending Certificate	 	 	Ending Certificate	 	 	Total Principal
	Class	 	 	Amount	 	 	Balance	 	 	Distribution	 	Distribution	 	Accretion	 	Loss	 	 	Reduction	 	 	Balance	 	 	Percentage	 	 	Distribution
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	A-1
	 	 	 	298,055,000.00	 	 	 	 	203,734,575.87	 	 	 	 	347.71	 	 	 	12,703,135.47	 	 	 	0.00	 	 	 	0.00	 	 	 	 	12,703,483.18	 	 	 	 	191,031,092.69	 	 	 	 	0.640926	 	 	 	 	12,703,483.18	 
	A-2
	 	 	 	100,000,000.00	 	 	 	 	74,607,271.21	 	 	 	 	0.00	 	 	 	5,498,921.74	 	 	 	0.00	 	 	 	0.00	 	 	 	 	5,498,921.74	 	 	 	 	69,108,349.47	 	 	 	 	0.691083	 	 	 	 	5,498,921.74	 
	X-A
	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.000000	 	 	 	 	0.00	 
	X-B
	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.000000	 	 	 	 	0.00	 
	B-1
	 	 	 	7,067,000.00	 	 	 	 	7,067,000.00	 	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	7,067,000.00	 	 	 	 	1.000000	 	 	 	 	0.00	 
	B-2
	 	 	 	3,949,000.00	 	 	 	 	3,949,000.00	 	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	3,949,000.00	 	 	 	 	1.000000	 	 	 	 	0.00	 
	B-3
	 	 	 	2,495,000.00	 	 	 	 	2,495,000.00	 	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	2,495,000.00	 	 	 	 	1.000000	 	 	 	 	0.00	 
	B-4
	 	 	 	1,455,000.00	 	 	 	 	1,455,000.00	 	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	1,455,000.00	 	 	 	 	1.000000	 	 	 	 	0.00	 
	B-5
	 	 	 	831,000.00	 	 	 	 	831,000.00	 	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	831,000.00	 	 	 	 	1.000000	 	 	 	 	0.00	 
	B-6
	 	 	 	1,871,544.03	 	 	 	 	1,871,544.03	 	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	1,871,544.03	 	 	 	 	1.000000	 	 	 	 	0.00	 
	A-R
	 	 	 	100.00	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.000000	 	 	 	 	0.00	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Totals
	 	 	 	415,723,644.03	 	 	 	 	296,010,391.11	 	 	 	 	347.71	 	 	 	18,202,057.21	 	 	 	0.00	 	 	 	0.00	 	 	 	 	18,202,404.92	 	 	 	 	277,807,986.19	 	 	 	 	0.668252	 	 	 	 	18,202,404.92	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 





 









 







Principal Distribution Factors Statement



	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	Beginning	 	 	Scheduled	 	Unscheduled	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	Ending	 	 	 
	 	 	 	Original Face	 	 	Certificate	 	 	Principal	 	Principal	 	 	 	 	 	Realized	 	 	Total Principal	 	 	Ending Certificate	 	 	Certificate	 	 	Total Principal
	Class	 	 	Amount	 	 	Balance	 	 	Distribution	 	Distribution	 	Accretion	 	Loss	 	 	Reduction	 	 	Balance	 	 	Percentage	 	 	Distribution
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	A-1
	 	 	 	298,055,000.00	 	 	 	 	683.546915	 	 	 	 	0.001167	 	 	 	42.620105	 	 	 	0.000000	 	 	 	0.000000	 	 	 	 	42.621272	 	 	 	 	640.925644	 	 	 	 	0.604926	 	 	 	 	42.621272	 
	A-2
	 	 	 	100,000,000.00	 	 	 	 	746.072712	 	 	 	 	0.000000	 	 	 	54.989217	 	 	 	0.000000	 	 	 	0.000000	 	 	 	 	54.989217	 	 	 	 	691.083495	 	 	 	 	0.691083	 	 	 	 	54.989217	 
	X-A
	 	 	 	0.00	 	 	 	 	0.000000	 	 	 	 	0.000000	 	 	 	0.000000	 	 	 	0.000000	 	 	 	0.000000	 	 	 	 	0.000000	 	 	 	 	0.000000	 	 	 	 	0.000000	 	 	 	 	0.000000	 
	X-B
	 	 	 	0.00	 	 	 	 	0.000000	 	 	 	 	0.000000	 	 	 	0.000000	 	 	 	0.000000	 	 	 	0.000000	 	 	 	 	0.000000	 	 	 	 	0.000000	 	 	 	 	0.000000	 	 	 	 	0.000000	 
	B-1
	 	 	 	7,067,000.00	 	 	 	 	0.000000	 	 	 	 	0.000000	 	 	 	0.000000	 	 	 	0.000000	 	 	 	0.000000	 	 	 	 	0.000000	 	 	 	 	1000.000000	 	 	 	 	1.000000	 	 	 	 	0.000000	 
	B-2
	 	 	 	3,949,000.00	 	 	 	 	0.000000	 	 	 	 	0.000000	 	 	 	0.000000	 	 	 	0.000000	 	 	 	0.000000	 	 	 	 	0.000000	 	 	 	 	1000.000000	 	 	 	 	1.000000	 	 	 	 	0.000000	 
	B-3
	 	 	 	2,495,000.00	 	 	 	 	1000.000000	 	 	 	 	0.000000	 	 	 	0.000000	 	 	 	0.000000	 	 	 	0.000000	 	 	 	 	0.000000	 	 	 	 	1000.000000	 	 	 	 	1.000000	 	 	 	 	0.000000	 
	B-4
	 	 	 	1,455,000.00	 	 	 	 	1000.000000	 	 	 	 	0.000000	 	 	 	0.000000	 	 	 	0.000000	 	 	 	0.000000	 	 	 	 	0.000000	 	 	 	 	1000.000000	 	 	 	 	1.000000	 	 	 	 	0.000000	 
	B-5
	 	 	 	831,000.00	 	 	 	 	1000.000000	 	 	 	 	0.000000	 	 	 	0.000000	 	 	 	0.000000	 	 	 	0.000000	 	 	 	 	0.000000	 	 	 	 	1000.000000	 	 	 	 	1.000000	 	 	 	 	0.000000	 
	B-6
	 	 	 	1,871,544.03	 	 	 	 	1000.000000	 	 	 	 	0.000000	 	 	 	0.000000	 	 	 	0.000000	 	 	 	0.000000	 	 	 	 	0.000000	 	 	 	 	1000.000000	 	 	 	 	1.000000	 	 	 	 	0.000000	 
	A-R
	 	 	 	100.00	 	 	 	 	0.000000	 	 	 	 	0.000000	 	 	 	0.000000	 	 	 	0.000000	 	 	 	0.000000	 	 	 	 	0.000000	 	 	 	 	0.000000	 	 	 	 	0.000000	 	 	 	 	0.000000	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 





Interest Distribution- Statement



	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	Payment	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	of	 	 	 	 	 	Non-	 	 	 	 	 	 	 	Remaining	 	 	Ending
	 	 	 	 	 	 	 	 	 	 	 	 	 	Current	 	 	Beginning	 	 	Current	 	Unpaid	 	Current	 	Supported	 	 	 	 	 	 	 	Unpaid	 	 	Certificate/
	 	 	 	 	 	 	 	 	Accrual	 	 	Certificate	 	 	Certificate/	 	 	Accrued	 	Interest	 	Interest	 	Interest	 	 	Total Interest	 	 	Interest	 	 	Notational
	Class	 	 	Accural Dates	 	 	Days	 	 	Rate	 	 	Notional Balance	 	 	Interest	 	Shortfall	 	Shortfall	 	Shortfall(1)	 	 	Distribution	 	 	Shortfall(2)	 	 	Balance
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	A-1
	 	 	 	11/20/05 – 12/19/05	 	 	 	 	30	 	 	 	 	4.38938	%	 	 	 	203,734,575.87	 	 	 	 	745,223.73	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	 	745,223.73	 	 	 	 	0.00	 	 	 	 	191,031,092.69	 
	A-2
	 	 	 	11/20/05 – 12/19/05	 	 	 	 	30	 	 	 	 	4.10000	%	 	 	 	74,607,271.21	 	 	 	 	254,908.18	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	 	254,908.18	 	 	 	 	0.00	 	 	 	 	69,108,349.47	 
	X-A
	 	 	 	11/01/05 – 11/30/05	 	 	 	 	30	 	 	 	 	0.62059	%	 	 	 	0.00	 	 	 	 	143,946.72	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	 	143,946.72	 	 	 	 	0.00	 	 	 	 	260,139,442.16	 
	X-B
	 	 	 	11/01/05 – 11/30/05	 	 	 	 	30	 	 	 	 	0.20769	%	 	 	 	0.00	 	 	 	 	2,338.37	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	 	1,350.97	 	 	 	 	0.00	 	 	 	 	13,511,000.00	 
	B-1
	 	 	 	11/20/05 – 12/19/05	 	 	 	 	30	 	 	 	 	4.57938	%	 	 	 	7,067,000.00	 	 	 	 	26,968.73	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	 	26,968.73	 	 	 	 	0.00	 	 	 	 	7,067,000.00	 
	B-2
	 	 	 	11/20/05 – 12/19/05	 	 	 	 	30	 	 	 	 	4.85938	%	 	 	 	3,949,000.00	 	 	 	 	15,991.41	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	 	15,991.41	 	 	 	 	0.00	 	 	 	 	3,949,000.00	 
	B-3
	 	 	 	11/20/05 – 12/19/05	 	 	 	 	30	 	 	 	 	5.40938	%	 	 	 	2,495,000.00	 	 	 	 	11,247.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	 	11,247.00	 	 	 	 	0.00	 	 	 	 	2,495,000.00	 
	B-4
	 	 	 	11/01/05 – 11/30/05	 	 	 	 	30	 	 	 	 	4.93448	%	 	 	 	1,455,000.00	 	 	 	 	5,983.05	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	 	5,983.05	 	 	 	 	0.00	 	 	 	 	1,455,000.00	 
	B-5
	 	 	 	11/01/05 – 11/30/05	 	 	 	 	30	 	 	 	 	4.93448	%	 	 	 	831,000.00	 	 	 	 	3,417.13	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	 	3,417.13	 	 	 	 	0.00	 	 	 	 	831,000.00	 
	B-6
	 	 	 	11/01/05 – 11/30/05	 	 	 	 	30	 	 	 	 	4.93448	%	 	 	 	1,871,544.03	 	 	 	 	7,695.91	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	 	7,695.91	 	 	 	 	0.00	 	 	 	 	1,871,544.03	 
	A-R
	 	 	 	N/A	 	 	 	 	N/A	 	 	 	 	3.94036	%	 	 	 	0.00	 	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	 	0.10	 	 	 	 	0.00	 	 	 	 	0.00	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Totals
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	1,217,720.23	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	 	1,216,732.93	 	 	 	 	0.00	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 





(1, 2) Amount also includes coupon cap or basis risk shortfalls, if applicable.




 









 







Interest Distribution Factors Statement



	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	Beginning	 	 	 	 	 	 	Payment of	 	 	 	 	 	Non-	 	 	 	 	 	 	 	Remaining	 	 	Ending
	 	 	 	 	 	 	 	 	 	 	 	 	 	Current	 	 	Certificate/	 	 	Current	 	Unpaid	 	Current	 	Supported	 	 	 	 	 	 	 	Unpaid	 	 	Certificate/
	 	 	 	 	 	 	 	 	Original Face	 	 	Certificate	 	 	Notional	 	 	Accrued	 	Interest	 	Interest	 	Interest	 	 	Total Interest	 	 	Interest	 	 	Notational
	Class	 	 	Accural Dates	 	 	Amount	 	 	Rate	 	 	Balance	 	 	Interest	 	Shortfall	 	Shortfall(1)	 	Shortfall	 	 	Distribution	 	 	Shortfall(2)	 	 	Balance
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	A-1
	 	 	 	11/20/05 – 12/19/05	 	 	 	 	298,055,000.00	 	 	 	 	4.38938	%	 	 	 	683.546915	 	 	 	 	2.500289	 	 	 	0.000000	 	 	 	0.000000	 	 	 	0.000000	 	 	 	 	2.500289	 	 	 	 	0.000000	 	 	 	 	640.925644	 
	A-2
	 	 	 	11/20/05 – 12/19/05	 	 	 	 	100,000,000.00	 	 	 	 	4.10000	%	 	 	 	746.072712	 	 	 	 	2.549082	 	 	 	0.000000	 	 	 	0.000000	 	 	 	0.000000	 	 	 	 	2.549082	 	 	 	 	0.000000	 	 	 	 	691.083495	 
	X-A
	 	 	 	11/01/05 – 11/30/05	 	 	 	 	0.00	 	 	 	 	0.62059	%	 	 	 	699.254744	 	 	 	 	0.361625	 	 	 	0.000000	 	 	 	0.000000	 	 	 	0.000000	 	 	 	 	0.361625	 	 	 	 	0.000000	 	 	 	 	653.526377	 
	X-B
	 	 	 	11/01/05 – 11/30/05	 	 	 	 	0.00	 	 	 	 	0.20769	%	 	 	 	1000.000000	 	 	 	 	0.173072	 	 	 	0.000000	 	 	 	0.000000	 	 	 	0.000000	 	 	 	 	0.099990	 	 	 	 	0.000000	 	 	 	 	1000.000000	 
	B-1
	 	 	 	11/20/05 – 12/19/05	 	 	 	 	7,067,000.00	 	 	 	 	4.57938	%	 	 	 	1000.000000	 	 	 	 	3.816150	 	 	 	0.000000	 	 	 	0.000000	 	 	 	0.000000	 	 	 	 	3.816150	 	 	 	 	0.000000	 	 	 	 	1000.000000	 
	B-2
	 	 	 	11/20/05 – 12/19/05	 	 	 	 	3,949,000.00	 	 	 	 	4.85938	%	 	 	 	1000.000000	 	 	 	 	4.049483	 	 	 	0.000000	 	 	 	0.000000	 	 	 	0.000000	 	 	 	 	4.049483	 	 	 	 	0.000000	 	 	 	 	1000.000000	 
	B-3
	 	 	 	11/20/05 – 12/19/05	 	 	 	 	2,495,000.00	 	 	 	 	5.40938	%	 	 	 	1000.000000	 	 	 	 	4.507816	 	 	 	0.000000	 	 	 	0.000000	 	 	 	0.000000	 	 	 	 	4.507816	 	 	 	 	0.000000	 	 	 	 	1000.000000	 
	B-4
	 	 	 	11/01/05 – 11/30/05	 	 	 	 	1,455,000.00	 	 	 	 	4.93448	%	 	 	 	1000.000000	 	 	 	 	4.112062	 	 	 	0.000000	 	 	 	0.000000	 	 	 	0.000000	 	 	 	 	4.112062	 	 	 	 	0.000000	 	 	 	 	1000.000000	 
	B-5
	 	 	 	11/01/05 – 11/30/05	 	 	 	 	831,000.00	 	 	 	 	4.93448	%	 	 	 	1000.000000	 	 	 	 	4.112070	 	 	 	0.000000	 	 	 	0.000000	 	 	 	0.000000	 	 	 	 	4.112070	 	 	 	 	0.000000	 	 	 	 	1000.000000	 
	B-6
	 	 	 	11/01/05 – 11/30/05	 	 	 	 	1,871,544.03	 	 	 	 	4.93448	%	 	 	 	1000.000000	 	 	 	 	4.112065	 	 	 	0.000000	 	 	 	0.000000	 	 	 	0.000000	 	 	 	 	4.112065	 	 	 	 	0.000000	 	 	 	 	1000.000000	 
	A-R
	 	 	 	N/A	 	 	 	 	100.00	 	 	 	 	3.94036	%	 	 	 	0.000000	 	 	 	 	0.000000	 	 	 	0.000000	 	 	 	0.000000	 	 	 	0.000000	 	 	 	 	1.000000	 	 	 	 	0.000000	 	 	 	 	0.000000	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 





(1, 2) Amount also includes coupon cap or basis risk shortfalls, if applicable.

Per $1 denomination




Certificateholder Account Statement




	 	 	 	 	 	 	 
	Certificate Account
	Beginning Balance	 	 	0.00	 
	 
	 	 	 	 	 	 
	Deposits	 	 	 	 
	 
	 	Payments of Interest and Principal	 	 	19,514,792.91	 
	 
	 	Reserve Funds and Credit Enhancements	 	 	0.00	 
	 
	 	Proceeds from Repurchased Loans	 	 	0.00	 
	 
	 	Servicer Advances	 	 	0.00	 
	 
	 	Realized Losses (Gains, Subsequent Expenses & Recoveries)	 	 	0.00	 
	 
	 	Prepayment Penalties	 	 	0.00	 
	 
	 	Swap/Cap Payments	 	 	0.00	 
	 
	 	 	 	 	 	 
	Total Deposits	 	 	19,514,792.91	 
	 
	 	 	 	 	 	 
	Withdrawals	 	 	 	 
	 
	 	Swap Payments	 	 	0.00	 
	 
	 	Reserve Funds and Credit Enhancements	 	 	0.00	 
	 
	 	Reimbursement for Servicer Advances	 	 	0.00	 
	 
	 	Total Administration Fees	 	 	95,655.06	 
	 
	 	Payment of Interest and Principal	 	 	19,419,137.85	 
	 
	 	 	 	 	 	 
	Total Withdrawals (Pool Distribution Amount)	 	 	19,514,792.91	 
	 
	 	 	 	 	 	 
	Ending Balance	 	 	0.00	 
	 
	 	 	 	 	 	 






 









 





Prepayment/Curtailment Interest Shortfall




	 	 	 	 	 
	Total Prepayment/Curtailment Interest Shortfall
	 	 	0.00	 
	Servicing Fee Support
	 	 	0.00	 
	 
	 	 	 
	 
	 	 	 	 
	Non-Supported Prepayment Curtailment Interest Shortfall
	 	 	0.00	 
	 
	 	 	 






Administration Fees




	 	 	 	 	 
	Gross Servicing Fee*
	 	 	92,571.61	 
	Master Servicing Fee
	 	 	3,083.45	 
	Supported Prepayment/Curtailment Interest Shortfall
	 	 	0.00	 
	 
	 	 	 
	 
	 	 	 	 
	Total Administration Fees
	 	 	95,655.06	 
	 
	 	 	 








 




			
	*	 	Servicer Payees include: BANK OF AMERICA (NY); GMAC MTG CORP;
MORGAN STANLEY DEAN WITTER; PHH US MTG CORP





Reserve Accounts




	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Beginning	 	 	Current	 	 	Current	 	 	Ending	 
	Account Type	 	Balance	 	 	Withdrawals	 	 	Deposits	 	 	Balance	 
	 
	X-A Pool 1 Reserve Fund
	 	 	4,500.00	 	 	 	0.00	 	 	 	0.00	 	 	 	4,500.00	 
	X-A Pool 2 Reserve Fund
	 	 	4,500.00	 	 	 	0.00	 	 	 	0.00	 	 	 	4,500.00	 
	X-B Reserve Fund
	 	 	1,000.00	 	 	 	987.40	 	 	 	987.40	 	 	 	1,000.00	 






 









 





Collateral Statement




	 	 	 	 	 
	Collateral Description
	 	Mixed ARM
	 
	 	 	 	 
	Weighted Average Gross Coupon
	 	 	5.320305	%
	Weighted Average Net Coupon
	 	 	4.945027	%
	Weighted Average Pass-Through Rate
	 	 	4.932527	%
	Weighted Average Remaining Term
	 	 	327	 
	 
	 	 	 	 
	Beginning Scheduled Collateral Loan Count
	 	 	897	 
	Number of Loans Paid in Full
	 	 	45	 
	Ending Scheduled Collateral Loan Count
	 	 	852	 
	 
	 	 	 	 
	Beginning Scheduled Collateral Balance
	 	 	296,010,391.11	 
	Ending Scheduled Collateral Balance
	 	 	277,807,986.19	 
	Ending Actual Collateral Balance at 30-Nov-2005
	 	 	277,808,337.54	 
	 
	 	 	 	 
	Monthly P&I Constant
	 	 	1,312,735.57	 
	Special Servicing Fee
	 	 	0.00	 
	Prepayment Penalty Waived Amount
	 	 	0.00	 
	Prepayment Penalty Waived Count
	 	 	0	 
	Prepayment Penalty Paid Amount
	 	 	0.00	 
	Prepayment Penalty Paid Count
	 	 	0	 
	Realized Loss Amount
	 	 	0.00	 
	Cumulative Realized Loss
	 	 	0.00	 
	 
	 	 	 	 
	Class A Optimal Amount
	 	 	19,345,496.14	 
	 
	 	 	 	 
	Scheduled Principal
	 	 	347.71	 
	Unscheduled Principal
	 	 	18,202,057.21	 






 









 






	 	 	 	 	 	 	 	 	 	 	 	 	 
	Group	 	Pool One	 	 	Pool Two	 	 	Total	 
	Collateral Description
	 	Mixed ARM	 	6 Month LIBOR ARM	 	Mixed ARM
	Weighted Average Coupon Rate
	 	 	5.353149	 	 	 	5.230154	 	 	 	5.320305	 
	Weighted Average Net Rate
	 	 	4.977962	 	 	 	4.854629	 	 	 	4.945027	 
	Pass-Through Rate
	 	 	4.965462	 	 	 	4.842129	 	 	 	4.932527	 
	Weighted Average Remaining Term
	 	 	325	 	 	 	332	 	 	 	327	 
	Record Date
	 	 	11/30/2005	 	 	 	11/30/2005	 	 	 	11/30/2005	 
	Principal and Interest Constant
	 	 	968,216.54	 	 	 	344,519.03	 	 	 	1,312,73557	 
	Beginning Loan Count
	 	 	652	 	 	 	245	 	 	 	897	 
	Loans Paid in Full
	 	 	32	 	 	 	13	 	 	 	45	 
	Ending Loan Count
	 	 	620	 	 	 	232	 	 	 	852	 
	Beginning Scheduled Balance
	 	 	216,964,381.85	 	 	 	79,046,009.26	 	 	 	296,010,391.11	 
	Ending Scheduled Balance
	 	 	204,260,898.67	 	 	 	73,547,087.52	 	 	 	277,807,986.19	 
	Scheduled Principal
	 	 	347.71	 	 	 	0.00	 	 	 	347.71	 
	Unscheduled Principal
	 	 	12,703,135.47	 	 	 	5,498,921.74	 	 	 	18,202,057.21	 
	Scheduled Interest
	 	 	967,868.83	 	 	 	344,519.03	 	 	 	1,312,387.86	 
	Servicing Fee
	 	 	67,835.12	 	 	 	24,736.49	 	 	 	92,571.61	 
	Master Servicing Fee
	 	 	2,260.05	 	 	 	823.40	 	 	 	3,083.45	 
	Trustee Fee
	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	FRY Amount
	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	Special Hazard Fee
	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	Other Fee
	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	Pool Insurance Fee
	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	Spread 1
	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	Spread 2
	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	Spread 3
	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	Net Interest
	 	 	897,773.66	 	 	 	318,959.14	 	 	 	1,216,732.80	 
	Realized Loss Amount
	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	Cumulative Realized Loss
	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	Percentage of Cumulative Losses
	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	Prepayment Penalty Waived Amount
	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	Prepayment Penalty Waived Count
	 	 	0	 	 	 	0	 	 	 	0	 
	Prepayment Penalty Paid Amount
	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	Prepayment Penalty Paid Count
	 	 	0	 	 	 	0	 	 	 	0	 
	Special Servicing Fee
	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 






Miscellaneous Reporting





	 	 	 	 	 	 	 	 	 	 	 	 	 
	Pro Rata Senior Percent	 	 	 	 	 	 	 	94.031107%	 






 








 








Additional Reporting – Group Level




	 	 	 	 	 
	Miscellaneous Reporting	 	 	 	 
	Group Pool One
	 	 	 	 
	One Month Libor Loan Balance
	 	 	114,723,007.71	 
	Six Month Libor Loan Balance
	 	 	89,537,890.96	 
	Senior Percent
	 	 	100.000000	%
	Senior Prepayment Percent
	 	 	100.000000	%
	Subordinate Percent
	 	 	0.000000	%
	Subordinate Prepayment Percent
	 	 	0.000000	%
	Principal Transfer Amount
	 	 	0.00	 
	Interest Transfer Amount
	 	 	0.00	 
	 
	 	 	 	 
	Group Pool Two
	 	 	 	 
	Senior Percent
	 	 	100.000000	%
	Senior Prepayment Percent
	 	 	100.000000	%
	Subordinate Percent
	 	 	0.000000	%
	Subordinate Prepayment Percent
	 	 	0.000000	%
	Principal Transfer Amount
	 	 	0.00	 
	Interest Transfer Amount
	 	 	0.00	 






 









 







Loan Status Stratification/Credit Enhancement Statement




	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	DELINQUENT	 	 	BANKRUPTCY	 	 	FORECLOSURE	 	 	REO	 	 	TOTAL
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	No. of
	 	Principal	 	 	 	 	 	 	 	No. of	 	 	Principal	 	 	 	 	 	 	 	No. of	 	 	Principal	 	 	 	 	 	 	 	No. of	 	 	Principal	 	 	 	 	 	 	 	No. of	 	 	Principal
	 
	 	Loans	 	Balance	 	 	 	 	 	 	 	Loans	 	 	Balance	 	 	 	 	 	 	 	Loans	 	 	Balance	 	 	 	 	 	 	 	Loans	 	 	Balance	 	 	 	 	 	 	 	Loans	 	 	Balance
	0-29 Days
	 	 	0	 	 	 	0.00	 	 	 	0-29 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	0-29 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	0-29 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	0-29 Days	 	 	 	0	 	 	 	 	0.00	 
	30 Days
	 	 	8	 	 	 	2,971,812.04	 	 	 	30 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	30 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	30 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	30 Days	 	 	 	8	 	 	 	 	2,971,812.04	 
	60 Days
	 	 	2	 	 	 	1,037,999.99	 	 	 	60 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	60 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	60 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	60 Days	 	 	 	2	 	 	 	 	1,037,999.99	 
	90 Days
	 	 	0	 	 	 	0.00	 	 	 	90 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	90 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	90 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	90 Days	 	 	 	0	 	 	 	 	0.00	 
	120 Days
	 	 	0	 	 	 	0.00	 	 	 	120 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	120 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	120 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	120 Days	 	 	 	0	 	 	 	 	0.00	 
	150 Days
	 	 	1	 	 	 	160,196.23	 	 	 	150 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	150 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	150 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	150 Days	 	 	 	1	 	 	 	 	160,196.23	 
	180+ Days
	 	 	0	 	 	 	0.00	 	 	 	180+ Days	 	 	 	0	 	 	 	 	0.00	 	 	 	180+ Days	 	 	 	0	 	 	 	 	0.00	 	 	 	180+ Days	 	 	 	0	 	 	 	 	0.00	 	 	 	180+ Days	 	 	 	0	 	 	 	 	0.00	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	11	 	 	 	4,170,008.26	 	 	 	 	 	 	 	 	 	0	 	 	 	 	0.00	 	 	 	 	 	 	 	 	 	0	 	 	 	 	0.00	 	 	 	 	 	 	 	 	 	0	 	 	 	 	0.00	 	 	 	 	 	 	 	 	 	11	 	 	 	 	4,170,008.26	 
	 
	 	No. of	 	Principal	 	 	 	 	 	 	 	No. of	 	 	Principal	 	 	 	 	 	 	 	No. of	 	 	Principal	 	 	 	 	 	 	 	No. of	 	 	Principal	 	 	 	 	 	 	 	No. of	 	 	Principal
	 
	 	Loans	 	Balance	 	 	 	 	 	 	 	Loans	 	 	Balance	 	 	 	 	 	 	 	Loans	 	 	Balance	 	 	 	 	 	 	 	Loans	 	 	Balance	 	 	 	 	 	 	 	Loans	 	 	Balance
	0-29 Days
	 	 	0.000000	%	 	 	0.000000	%	 	 	0-29 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	0-29 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	0-29 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	0-29 Days	 	 	 	0.000000	%	 	 	 	0.000000	%
	30 Days
	 	 	0.938967	%	 	 	1.069735	%	 	 	30 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	30 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	30 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	30 Days	 	 	 	0.938967	%	 	 	 	1.069735	%
	60 Days
	 	 	0.234742	%	 	 	0.373639	%	 	 	60 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	60 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	60 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	60 Days	 	 	 	0.234742	%	 	 	 	0.373639	%
	90 Days
	 	 	0.000000	%	 	 	0.000000	%	 	 	90 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	90 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	90 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	90 Days	 	 	 	0.000000	%	 	 	 	0.000000	%
	120 Days
	 	 	0.000000	%	 	 	0.000000	%	 	 	120 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	120 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	120 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	120 Days	 	 	 	0.000000	%	 	 	 	0.000000	%
	150 Days
	 	 	0.117371	%	 	 	0.057664	%	 	 	150 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	150 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	150 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	150 Days	 	 	 	0.117371	%	 	 	 	0.057664	%
	180+ Days
	 	 	0.000000	%	 	 	0.000000	%	 	 	180+ Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	180+ Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	180+ Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	180+ Days	 	 	 	0.000000	%	 	 	 	0.000000	%
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	1.291080	%	 	 	1.501038	%	 	 	 	 	 	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	 	 	 	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	 	 	 	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	 	 	 	 	 	 	1.291080	%	 	 	 	1.501038	%
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 





	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Current Period Class A Insufficient Funds:
	 	 	0.00	 	 	Principal Balance of Contaminated Properties	 	 	0.00	 	 	Periodic Advance	 	 	0.00	 






Subordination Level/Credit Enhancement/Class Percentage and Prepayment Percentage




	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Original $	 	Original%	 	Current $	 	Current %	 	Current Class %	 	Prepayment %
	Class A
	 	 	17,668,544.03	 	 	 	4.25006956	%	 	 	17,668,544.03	 	 	 	6.35998420	%	 	 	93.640016	%	 	 	0.000000	%
	Class B-1
	 	 	10,601,544.03	 	 	 	2.55014219	%	 	 	10,601,544.03	 	 	 	3.81614084	%	 	 	2.543843	%	 	 	39.997636	%
	Class B-2
	 	 	6,652,544.03	 	 	 	1.60023230	%	 	 	6,652,544.03	 	 	 	2.39465543	%	 	 	1.421485	%	 	 	22.350455	%
	Class B-3
	 	 	4,157,544.03	 	 	 	1.00007399	%	 	 	4,157,544.03	 	 	 	1.49655310	%	 	 	0.898102	%	 	 	14.121141	%
	Class B-4
	 	 	2,702,544.03	 	 	 	0.65008187	%	 	 	2,702,544.03	 	 	 	0.97281006	%	 	 	0.523743	%	 	 	8.234974	%
	Class B-5
	 	 	1,871,544.03	 	 	 	0.45018946	%	 	 	1,871,544.03	 	 	 	0.67368259	%	 	 	0.299127	%	 	 	4.703274	%
	Class B-6
	 	 	0.00	 	 	 	0.00000000	%	 	 	0.00	 	 	 	0.00000000	%	 	 	0.673683	%	 	 	10.592520	%
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Please refer to the prospectus supplement for a full description of loss exposure






 








 






Delinquency Status by Group




	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	DELINQUENT	 	 	BANKRUPTCY	 	 	FORECLOSURE	 	 	REO	 	 	TOTAL
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Group One
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	No. of	 	Principal	 	 	 	 	 	No. of	 	 	Principal	 	 	 	 	 	No. of	 	 	Principal	 	 	 	 	 	No. of	 	 	Principal	 	 	 	 	 	No. of	 	 	Principal
	 
	 	Loans	 	Balance	 	 	 	 	 	Loans	 	 	Balance	 	 	 	 	 	Loans	 	 	Balance	 	 	 	 	 	Loans	 	 	Balance	 	 	 	 	 	Loans	 	 	Balance
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	0-29 Days
	 	0	 	 	0.00	 	 	 	0-29 Days	 	 	0	 	 	 	0.00	 	 	 	0-29 Days	 	 	0	 	 	 	0.00	 	 	 	0-29 Days	 	 	0	 	 	 	0.00	 	 	 	0-29 Days	 	 	0	 	 	 	0.00	 
	30 Days
	 	5	 	 	2,105,104.54	 	 	 	30 Days	 	 	0	 	 	 	0.00	 	 	 	30 Days	 	 	0	 	 	 	0.00	 	 	 	30 Days	 	 	0	 	 	 	0.00	 	 	 	30 Days	 	 	5	 	 	 	2,105,104.54	 
	60 Days
	 	2	 	 	1,037,999.99	 	 	 	60 Days	 	 	0	 	 	 	0.00	 	 	 	60 Days	 	 	0	 	 	 	0.00	 	 	 	60 Days	 	 	0	 	 	 	0.00	 	 	 	60 Days	 	 	2	 	 	 	1,037,999.99	 
	90 Days
	 	0	 	 	0.00	 	 	 	90 Days	 	 	0	 	 	 	0.00	 	 	 	90 Days	 	 	0	 	 	 	0.00	 	 	 	90 Days	 	 	0	 	 	 	0.00	 	 	 	90 Days	 	 	0	 	 	 	0.00	 
	120 Days
	 	0	 	 	0.00	 	 	 	120 Days	 	 	0	 	 	 	0.00	 	 	 	120 Days	 	 	0	 	 	 	0.00	 	 	 	120 Days	 	 	0	 	 	 	0.00	 	 	 	120 Days	 	 	0	 	 	 	0.00	 
	150 Days
	 	1	 	 	160,196.23	 	 	 	150 Days	 	 	0	 	 	 	0.00	 	 	 	150 Days	 	 	0	 	 	 	0.00	 	 	 	150 Days	 	 	0	 	 	 	0.00	 	 	 	150 Days	 	 	1	 	 	 	160,196.23	 
	180+ Days
	 	0	 	 	0.00	 	 	 	180+ Days	 	 	0	 	 	 	0.00	 	 	 	180+ Days	 	 	0	 	 	 	0.00	 	 	 	180+ Days	 	 	0	 	 	 	0.00	 	 	 	180+ Days	 	 	0	 	 	 	0.00	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	8	 	 	3,303,300.76	 	 	 	 	 	 	0	 	 	 	0.00	 	 	 	 	 	 	0	 	 	 	0.00	 	 	 	 	 	 	0	 	 	 	0.00	 	 	 	 	 	 	8	 	 	 	3,303,300.76	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	No. of	 	Principal	 	 	 	 	 	No. of	 	 	Principal	 	 	 	 	 	No. of	 	 	Principal	 	 	 	 	 	No. of	 	 	Principal	 	 	 	 	 	No. of	 	 	Principal
	 
	 	Loans	 	Balance	 	 	 	 	 	Loans	 	 	Balance	 	 	 	 	 	Loans	 	 	Balance	 	 	 	 	 	Loans	 	 	Balance	 	 	 	 	 	Loans	 	 	Balance
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	0-29 Days
	 	0.000000%	 	 	0.000000	%	 	 	0-29 Days	 	 	0.000000%	 	 	 	0.000000	%	 	 	0-29 Days	 	 	0.000000%	 	 	 	0.000000	%	 	 	0-29 Days	 	 	0.000000%	 	 	 	0.000000	%	 	 	0-29 Days	 	 	0.000000%	 	 	 	0.000000	%
	30 Days
	 	0.806452%	 	 	1.030594	%	 	 	30 Days	 	 	0.000000%	 	 	 	0.000000	%	 	 	30 Days	 	 	0.000000%	 	 	 	0.000000	%	 	 	30 Days	 	 	0.000000%	 	 	 	0.000000	%	 	 	30 Days	 	 	0.806452%	 	 	 	1.030594	%
	60 Days
	 	0.322581%	 	 	0.508173	%	 	 	60 Days	 	 	0.000000%	 	 	 	0.000000	%	 	 	60 Days	 	 	0.000000%	 	 	 	0.000000	%	 	 	60 Days	 	 	0.000000%	 	 	 	0.000000	%	 	 	60 Days	 	 	0.322581%	 	 	 	0.508173	%
	90 Days
	 	0.000000%	 	 	0.000000	%	 	 	90 Days	 	 	0.000000%	 	 	 	0.000000	%	 	 	90 Days	 	 	0.000000%	 	 	 	0.000000	%	 	 	90 Days	 	 	0.000000%	 	 	 	0.000000	%	 	 	90 Days	 	 	0.000000%	 	 	 	0.000000	%
	120 Days
	 	0.000000%	 	 	0.000000	%	 	 	120 Days	 	 	0.000000%	 	 	 	0.000000	%	 	 	120 Days	 	 	0.000000%	 	 	 	0.000000	%	 	 	120 Days	 	 	0.000000%	 	 	 	0.000000	%	 	 	120 Days	 	 	0.000000%	 	 	 	0.000000	%
	150 Days
	 	0.161290%	 	 	0.078427	%	 	 	150 Days	 	 	0.000000%	 	 	 	0.000000	%	 	 	150 Days	 	 	0.000000%	 	 	 	0.000000	%	 	 	150 Days	 	 	0.000000%	 	 	 	0.000000	%	 	 	150 Days	 	 	0.161290%	 	 	 	0.078427	%
	180+ Days
	 	0.000000%	 	 	0.000000	%	 	 	180+ Days	 	 	0.000000%	 	 	 	0.000000	%	 	 	180+ Days	 	 	0.000000%	 	 	 	0.000000	%	 	 	180+ Days	 	 	0.000000%	 	 	 	0.000000	%	 	 	180+ Days	 	 	0.000000%	 	 	 	0.000000	%
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	1.290323%	 	 	1.617194	%	 	 	 	 	 	0.000000%	 	 	 	0.000000	%	 	 	 	 	 	0.000000%	 	 	 	0.000000	%	 	 	 	 	 	0.000000%	 	 	 	0.000000	%	 	 	 	 	 	1.290323%	 	 	 	1.617194	%
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 





	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	DELINQUENT	 	 	BANKRUPTCY	 	 	FORECLOSURE	 	 	REO	 	 	TOTAL
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Group Two
	 	 	 	 	 	 	 	 	 	 	 	1.183654%	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	No. of	 	Principal	 	 	 	 	 	No. of	 	 	Principal	 	 	 	 	 	No. of	 	 	Principal	 	 	 	 	 	No. of	 	 	Principal	 	 	 	 	 	No. of	 	 	Principal
	 
	 	Loans	 	Balance	 	 	 	 	 	Loans	 	 	Balance	 	 	 	 	 	Loans	 	 	Balance	 	 	 	 	 	Loans	 	 	Balance	 	 	 	 	 	Loans	 	 	Balance
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	0-29 Days
	 	0	 	 	0.00	 	 	 	0-29 Days	 	 	0	 	 	 	0.00	 	 	 	0-29 Days	 	 	0	 	 	 	0.00	 	 	 	0-29 Days	 	 	0	 	 	 	0.00	 	 	 	0-29 Days	 	 	0	 	 	 	0.00	 
	30 Days
	 	3	 	 	866,707.50	 	 	 	30 Days	 	 	0	 	 	 	0.00	 	 	 	30 Days	 	 	0	 	 	 	0.00	 	 	 	30 Days	 	 	0	 	 	 	0.00	 	 	 	30 Days	 	 	3	 	 	 	866,707.50	 
	60 Days
	 	0	 	 	0.00	 	 	 	60 Days	 	 	0	 	 	 	0.00	 	 	 	60 Days	 	 	0	 	 	 	0.00	 	 	 	60 Days	 	 	0	 	 	 	0.00	 	 	 	60 Days	 	 	0	 	 	 	0.00	 
	90 Days
	 	0	 	 	0.00	 	 	 	90 Days	 	 	0	 	 	 	0.00	 	 	 	90 Days	 	 	0	 	 	 	0.00	 	 	 	90 Days	 	 	0	 	 	 	0.00	 	 	 	90 Days	 	 	0	 	 	 	0.00	 
	120 Days
	 	0	 	 	0.00	 	 	 	120 Days	 	 	0	 	 	 	0.00	 	 	 	120 Days	 	 	0	 	 	 	0.00	 	 	 	120 Days	 	 	0	 	 	 	0.00	 	 	 	120 Days	 	 	0	 	 	 	0.00	 
	150 Days
	 	0	 	 	0.00	 	 	 	150 Days	 	 	0	 	 	 	0.00	 	 	 	150 Days	 	 	0	 	 	 	0.00	 	 	 	150 Days	 	 	0	 	 	 	0.00	 	 	 	150 Days	 	 	0	 	 	 	0.00	 
	180+ Days
	 	0	 	 	0.00	 	 	 	180+ Days	 	 	0	 	 	 	0.00	 	 	 	180+ Days	 	 	0	 	 	 	0.00	 	 	 	180+ Days	 	 	0	 	 	 	0.00	 	 	 	180+ Days	 	 	0	 	 	 	0.00	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	3	 	 	866,707.50	 	 	 	 	 	 	0	 	 	 	0.00	 	 	 	 	 	 	0	 	 	 	0.00	 	 	 	 	 	 	0	 	 	 	0.00	 	 	 	 	 	 	3	 	 	 	866,707.50	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	No. of	 	Principal	 	 	 	 	 	No. of	 	 	Principal	 	 	 	 	 	No. of	 	 	Principal	 	 	 	 	 	No. of	 	 	Principal	 	 	 	 	 	No. of	 	 	Principal
	 
	 	Loans	 	Balance	 	 	 	 	 	Loans	 	 	Balance	 	 	 	 	 	Loans	 	 	Balance	 	 	 	 	 	Loans	 	 	Balance	 	 	 	 	 	Loans	 	 	Balance
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	0-29 Days
	 	0.000000%	 	 	0.000000	%	 	 	0-29 Days	 	 	0.000000%	 	 	 	0.000000	%	 	 	0-29 Days	 	 	0.000000%	 	 	 	0.000000	%	 	 	0-29 Days	 	 	0.000000%	 	 	 	0.000000	%	 	 	0-29 Days	 	 	0.000000%	 	 	 	0.000000	%
	30 Days
	 	1.293103%	 	 	1.178439	%	 	 	30 Days	 	 	0.000000%	 	 	 	0.000000	%	 	 	30 Days	 	 	0.000000%	 	 	 	0.000000	%	 	 	30 Days	 	 	0.000000%	 	 	 	0.000000	%	 	 	30 Days	 	 	1.293103%	 	 	 	1.178439	%
	60 Days
	 	0.000000%	 	 	0.000000	%	 	 	60 Days	 	 	0.000000%	 	 	 	0.000000	%	 	 	60 Days	 	 	0.000000%	 	 	 	0.000000	%	 	 	60 Days	 	 	0.000000%	 	 	 	0.000000	%	 	 	60 Days	 	 	0.000000%	 	 	 	0.000000	%
	90 Days
	 	0.000000%	 	 	0.000000	%	 	 	90 Days	 	 	0.000000%	 	 	 	0.000000	%	 	 	90 Days	 	 	0.000000%	 	 	 	0.000000	%	 	 	90 Days	 	 	0.000000%	 	 	 	0.000000	%	 	 	90 Days	 	 	0.000000%	 	 	 	0.000000	%
	120 Days
	 	0.000000%	 	 	0.000000	%	 	 	120 Days	 	 	0.000000%	 	 	 	0.000000	%	 	 	120 Days	 	 	0.000000%	 	 	 	0.000000	%	 	 	120 Days	 	 	0.000000%	 	 	 	0.000000	%	 	 	120 Days	 	 	0.000000%	 	 	 	0.000000	%
	150 Days
	 	0.000000%	 	 	0.000000	%	 	 	150 Days	 	 	0.000000%	 	 	 	0.000000	%	 	 	150 Days	 	 	0.000000%	 	 	 	0.000000	%	 	 	150 Days	 	 	0.000000%	 	 	 	0.000000	%	 	 	150 Days	 	 	0.000000%	 	 	 	0.000000	%
	180+ Days
	 	0.000000%	 	 	0.000000	%	 	 	180+ Days	 	 	0.000000%	 	 	 	0.000000	%	 	 	180+ Days	 	 	0.000000%	 	 	 	0.000000	%	 	 	180+ Days	 	 	0.000000%	 	 	 	0.000000	%	 	 	180+ Days	 	 	0.000000%	 	 	 	0.000000	%
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	1.293103%	 	 	1.178439	%	 	 	 	 	 	0.000000%	 	 	 	0.000000	%	 	 	 	 	 	0.000000%	 	 	 	0.000000	%	 	 	 	 	 	0.000000%	 	 	 	0.000000	%	 	 	 	 	 	1.293103%	 	 	 	1.178439	%