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Banc of America Securities LLC
Collateral Summary Report
As of Date: October 17, 2000
Deal Title: Equity One Deal Total Pool
General Characteristics
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Pool Size: $152,972,437.15 W.A. Gross Coupon: 10.324% W.A. OTerm 168.7
Loan Count: 1,962 W.A. CLTV: 71.49% W.A. RTerm 162.1
Average Balance: $77,968 W.A. OLTV: 71.99% W.A. Age 7.1
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Balance Distribution Coupon Distribution Combined OLTV Distribution
<= 50K 17.08% 8.0 - 8.5 1.41% <= 50 7.50%
50K - 75K 18.27% 8.5 - 9.0 8.48% 50 - 55 3.55%
75K - 100K 15.80% 9.0 - 9.5 10.19% 55 - 60 5.49%
100K - 125K 12.29% 9.5 - 10.0 22.45% 60 - 65 7.65%
125K - 150K 9.13% 10.0 - 10.5 19.72% 65 - 70 14.46%
150K - 175K 6.51% 10.5 - 11 19.36% 70 - 75 16.71%
175K - 200K 4.37% > 11.0 18.39% 75 - 80 28.42%
200K - 225K 3.47% ------------------------------- 80 - 85 7.35%
225K - 250K 3.55% WA: 10.324% 85 - 90 6.98%
250K - 275K 1.38% SD: 0.965% 90 - 95 1.09%
275K - 300K 2.30% Min: 8.500% 95 - 100 0.72%
300K - 400K 2.40% Max: 14.990% > 100 0.08%
400K - 500K 2.68% ------------------------------
>500K 0.77% WA: 71.99% Min: 0.80%
----------------------------- SD: 13.81% Max: 103.84%
Avg: $77,968 ------------------------------
SD: $62,318
Min: $5,652 ------------------------------- ------------------------------
Max: $663,257 Credit Grade Credit Score
----------------------------- A 78.99% 801 - 850 0.54%
B 20.16% 751 - 800 5.62%
----------------------------- C 0.48% 701 - 750 13.25%
Original Balance a 0.33% 651 - 700 23.70%
<= 100K 50.84% b 0.05% 601 - 650 27.20%
100K-150K 21.74% 551 - 600 19.11%
150K-200K 10.87% ------------------------------- 501 - 550 7.43%
200K-250K 6.86% Prepayment Penalty Term 451 - 500 1.80%
250K-300K 3.84% 0 Years 54.25% 400 - 450 0.09%
300K-350K 2.14% 1 Year 2.22% N/A 1.25%
400K-450K 1.10% 2 Years 2.69% ------------------------------
450K-500K 1.85% 3 Years 32.54% WA: 640
>500K 0.77% 4 Years 0.49% SD: 67
5 Years 7.75% Min: 411
---------------------------- Over 5 Years 0.06% Max: 841
Avg: $78,552.34 ------------------------------- ------------------------------
SD: $62,555.92
Min: $8,800 WA:
Max: $665,550 Max: 6.00
Min: 0.00
Lien Position SD: 1.75
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1 100.00%
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W.A. FICO 640 Pool - Balloon %: 71.87%
GSE Conforming Percentage: 90.23% Pool - ARMS %: 0.00%
W.A. DTI 27.76% Loans with PMI %: 100.0%
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Combined LTV Distribution Property Type
<= 50 7.74% SFD 60.69%
50 - 55 3.89% Mixed Use 29.50%
55 - 60 5.07% Duplex 3.47%
60 - 65 8.66% Condominium 2.14%
65 - 70 13.98% Triplex 1.08%
70 - 75 17.34% Townhouse 0.88%
75 - 80 27.76% Apartment Building 0.86%
80 - 85 7.12% Others 1.38%
85 - 90 6.86% ---------------------------------
90 - 95 0.80%
95 - 100 0.77% ---------------------------------
--------------------------------- Documentation
WA: 71.49% Income Verifiable 84.62%
SD: 13.91% Non-Income Verifiable 15.38%
Min: 0.80% ---------------------------------
Max: 100.00%
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Purpose
--------------------------------- Refi 51.99%
Geographical (Zip Code) Purchase 39.49%
8226 1.54% Other 8.52%
8260 0.71% ---------------------------------
8401 0.63%
57103 0.58% --------------------------------
19103 0.55% Occupancy
Other ZIP Codes 95.98% Owner Occupied 58.58%
--------------------------------- Non-Owner Occupied 41.42%
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Geographical (State) ---------------------------------
NJ 23.55% Product Type
PA 22.11% Fixed Balloon 71.87%
NC 5.79% Fixed 28.13%
MA 4.93%
IA 3.79%
Other States 39.83% ---------------------------------
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As of Date:
This Structural Term Sheet, Collateral Term Sheet, or Computational Materials,
as appropriate (the "material"), is for your private information and Banc of
America Securities LLC (the "Placement Agent") is not soliciting any action
based upon it. This material is not to be construed as an offer to sell or the
solicitation of any offer to buy any security in any jurisdiction where such an
offer or solicitation would be illegal. This material is based on information
that the Placement Agent considers reliable, but the Placement Agent does not
represent that it is accurate or complete and it should not be relied upon as
such. By accepting this material the recipient agrees that it will not
distribute or provide the material to any other person. The information
contained in this material may pertain to securities that ultimately are not
sold. The information contained in this material may be based on assumptions
regarding market conditions and other matters as reflected herein. The Placement
Agent makes no representation regarding the reasonableness of such assumptions
or the likelihood that any of such assumptions will coincide with actual market
conditions or events, and this material should not be relied upon for such
purposes. The Placement Agent and its affiliates, officers, directors, partners
and employees, including persons involved in the preparation or issuance of this
material may, from time to time, have long or short positions in, and buy and
sell, the securities mentioned therein or derivatives thereof (including
options). This material may be filed with the Securities and Exchange Commission
(the "SEC") and incorporated by reference into an effective registration
statement previously filed with the SEC under Rule 415 of the Securities Act of
1933, including all cases where the material does not pertain to securities that
are ultimately offered for sale pursuant to such registration statement.
Information contained in this material is current as of the date appearing on
this material only. Information in this material regarding any assets backing
any securities discussed herein supersedes all prior information regarding such
assets. Any information in the material, whether regarding the assets backing
any securities discussed herein or otherwise, will be superseded by the
information contained in any final prospectus for any securities actually sold
to you. This material is furnished solely by the Placement Agent and not by the
issuer of the securities. The issuer of the securities has not prepared,
reviewed or participated in the preparation of this material, is not responsible
for the accuracy of this material and has not authorized the dissemination of
this material. The Placement Agent is acting as underwriter and not acting as
agent for the issuer in connection with the proposed transaction.
Banc of America Securities LLC Scenario Table
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Equity One Surety w/ OC
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Bond Class: A1
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Run Description First Accrual Next Pay
Settle Date Call % To # Date Date Actual Delay Issue Balance
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<S> <C> <C> <C> <C> <C> <C> <C>
11/16/2000 10.0 Call Pass-Thru 11/01/2000 12/25/2000 24 170,000,000.00
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Principal Interest Index
Balance Type Coupon Type Type Margin Accrued Interest
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170,000,000.00 Normal 7.4650 Fixed None 0.0000 528,770.83
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PP=0.0;0.0 PP=50.0;0.0 PP=75.0;0.0 PP=100.0;0.0 PP=125.0;0.0 PP=150.0;0.0 PP=175.0;0.0
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<S> <C> <C> <C> <C> <C> <C> <C>
7.3500 100.99297 100.43537 100.25860 100.14020 100.04385 99.97153 99.91368
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WAL (Yrs) 10.17 5.52 4.20 3.41 2.80 2.37 2.04
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Mod Dur 6.42 4.02 3.26 2.75 2.33 2.02 1.77
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FirstPrinPay 12/25/2000 12/25/2000 12/25/2000 12/25/2000 12/25/2000 12/25/2000 12/25/2000
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Maturity 06/25/2020 08/25/2014 01/25/2011 07/25/2009 10/25/2007 08/25/2006 09/25/2005
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Prin Window (Months) 235 165 122 104 83 69 58
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