<PAGE> 1
EXHIBIT 99.1
<PAGE> 2
The Fixed Rate Group
The following tables describe the fixed rate group of mortgage loans
and mortgaged properties as of the end of the Pre-Funding Period.
FIXED RATE GROUP
GEOGRAPHIC DISTRIBUTION
(TOP TEN STATES)
<TABLE>
<CAPTION>
NUMBER OF AGGREGATE % OF AGGREGATE
STATE MORTGAGE LOANS PRINCIPAL BALANCE PRINCIPAL BALANCE
----- -------------- ----------------- -----------------
<S> <C> <C> <C>
California........ 333 $ 31,225,710.53 9.56%
Pennsylvania...... 539 28,471,032.03 8.71
Michigan.......... 381 21,611,651.64 6.61
Florida........... 323 20,327,360.67 6.22
New York.......... 220 16,344,468.91 5.00
Ohio.............. 273 15,422,193.22 4.72
Indiana........... 225 11,767,003.09 3.60
Virginia.......... 184 11,012,011.06 3.37
Missouri.......... 209 10,750,110.35 3.29
Illinois.......... 172 10,370,517.15 3.17
Other............. 2,538 149,490,894.58 45.75
----- --------------- ------
TOTAL......... 5,397 $326,792,953.23 100.00%
===== =============== ======
</TABLE>
The mortgaged properties in the fixed rate group are located in a total of 49
states and the District of Columbia.
FIXED RATE GROUP
DISTRIBUTION OF CLTVS
<TABLE>
<CAPTION>
RANGE OF NUMBER OF AGGREGATE % OF AGGREGATE
CLTV RATIOS MORTGAGE LOANS PRINCIPAL BALANCE PRINCIPAL BALANCE
----------- -------------- ----------------- -----------------
<S> <C> <C> <C>
0.01 - 60.00%...... 724 $ 29,847,674.17 9.13%
60.01 - 70.00....... 561 28,900,340.31 8.84
70.01 - 75.00....... 1,124 78,852,181.27 24.13
75.01 - 80.00....... 866 54,887,280.75 16.80
80.01 - 85.00....... 1,235 78,181,778.20 23.92
85.01 - 90.00....... 622 40,515,361.27 12.40
90.01 - 95.00....... 92 4,595,914.32 1.41
95.01 - 100.00....... 168 10,606,405.89 3.25
100.01 - 101.00....... 5 406,017.05 0.12
----- --------------- ------
TOTAL............... 5,397 $326,792,953.23 100.00%
===== =============== ======
Minimum CLTV: 9.77%
Maximum CLTV: 100.93%
Weighted Average CLTV: 77.13%
</TABLE>
<PAGE> 3
FIXED RATE GROUP
DISTRIBUTION OF REMAINING TERM TO MATURITY
<TABLE>
<CAPTION>
NUMBER OF AGGREGATE % OF AGGREGATE
MONTHS REMAINING MORTGAGE LOANS PRINCIPAL BALANCE PRINCIPAL BALANCE
---------------- -------------- ----------------- -----------------
<S> <C> <C> <C>
1 - 60.................. 31 $ 684,905.86 0.21%
61 - 120.................. 326 10,707,382.24 3.28
121 - 180.................. 1,584 71,549,532.19 21.89
181 - 240.................. 1,818 109,169,552.99 33.41
241 - 300.................. 21 1,925,545.87 0.59
301 - 360.................. 1,617 132,756,034.08 40.62
----- --------------- ------
TOTAL...................... 5,397 $326,792,953.23 100.00%
===== =============== ======
Minimum Remaining Term: 8 Months
Maximum Remaining Term: 360 Months
Weighted Average Remaining Term: 267 Months
</TABLE>
FIXED RATE GROUP
DISTRIBUTION OF PRINCIPAL BALANCES
<TABLE>
<CAPTION>
RANGE OF NUMBER OF AGGREGATE % OF AGGREGATE
PRINCIPAL BALANCES MORTGAGE LOANS PRINCIPAL BALANCE PRINCIPAL BALANCE
------------------ -------------- ----------------- -----------------
<S> <C> <C> <C>
$ 1,000 - $ 25,000...... 911 $ 17,289,870.81 5.29%
25,001 - 50,000...... 1,925 72,304,406.14 22.12
50,001 - 75,000...... 1,296 78,627,181.41 24.05
75,001 - 100,000...... 531 45,968,333.93 14.07
100,001 - 150,000...... 462 55,223,059.26 16.90
150,001 - 200,000...... 164 27,925,101.72 8.55
200,001 - 250,000...... 50 11,040,637.45 3.38
250,001 - 300,000...... 31 8,582,667.95 2.63
300,001 - 350,000...... 14 4,446,070.87 1.36
350,001 - 500,000...... 13 5,385,623.69 1.65
----- --------------- ------
TOTAL.................. 5,397 $326,792,953.23 100.00%
===== =============== ======
Minimum Principal Balance: $ 1,061.02
Maximum Principal Balance: $499,175.70
Average Principal Balance: $ 60,550.85
</TABLE>
<PAGE> 4
FIXED RATE GROUP
DISTRIBUTION OF CURRENT MORTGAGE COUPON RATES
<TABLE>
<CAPTION>
RANGE OF NUMBER OF AGGREGATE % OF AGGREGATE
MORTGAGE COUPON RATES MORTGAGE LOANS PRINCIPAL BALANCE PRINCIPAL BALANCE
--------------------- -------------- ----------------- -----------------
<S> <C> <C> <C>
5.001 - 6.000%.......... 1 $ 86,719.64 0.03%
6.001 - 7.000........... 27 4,686,589.21 1.43
7.001 - 8.000........... 66 9,621,181.81 2.94
8.001 - 9.000........... 559 50,488,270.95 15.45
9.001 - 10.000........... 1,302 96,671,856.91 29.59
10.001 - 11.000........... 1,071 66,471,510.90 20.34
11.001 - 12.000........... 679 37,190,245.30 11.38
12.001 - 13.000........... 558 25,751,651.54 7.88
13.001 - 14.000........... 426 14,858,313.89 4.55
14.001 - 15.000........... 341 11,073,175.87 3.39
15.001 - 16.000........... 209 6,007,762.77 1.84
16.001 - 17.000........... 109 2,853,201.25 0.87
17.001 - 18.000........... 30 636,000.36 0.19
18.001 - 21.000........... 19 396,472.83 0.12
----- --------------- ------
TOTAL.................... 5,397 $326,792,953.23 100.00%
===== =============== ======
</TABLE>
<TABLE>
<S> <C>
Minimum Current Mortgage Coupon Rate: 5.63%
Maximum Current Mortgage Coupon Rate: 20.45%
Weighted Average Current Mortgage Coupon Rate: 10.54%
</TABLE>
FIXED RATE GROUP
LIEN POSITION
<TABLE>
<CAPTION>
NUMBER OF AGGREGATE % OF AGGREGATE
LIEN POSITION MORTGAGE LOANS PRINCIPAL BALANCE PRINCIPAL BALANCE
------------- -------------- ----------------- -----------------
<S> <C> <C> <C>
First Lien.................... 4,539 $303,893,504.67 92.99%
Second Lien................... 858 22,899,448.56 7.01
----- --------------- ------
TOTAL..................... 5,397 $326,792,953.23 100.00%
===== =============== ======
</TABLE>
FIXED RATE GROUP
AMORTIZATION TYPE
<TABLE>
<CAPTION>
NUMBER OF AGGREGATE % OF AGGREGATE
AMORTIZATION TYPE MORTGAGE LOANS PRINCIPAL BALANCE PRINCIPAL BALANCE
----------------- -------------- ----------------- -----------------
<S> <C> <C> <C>
Balloon....................... 333 $ 22,481,881.16 6.88%
Fully Amortizing.............. 5,064 304,311,072.07 93.12
----- --------------- ------
TOTAL..................... 5,397 $326,792,953.23 100.00%
===== =============== ======
</TABLE>
<PAGE> 5
FIXED RATE GROUP
DISTRIBUTION OF JUNIOR LIEN RATIOS
<TABLE>
<CAPTION>
RANGE OF NUMBER OF AGGREGATE % OF AGGREGATE
JUNIOR LIEN RATIOS MORTGAGE LOANS PRINCIPAL BALANCE PRINCIPAL BALANCE
<S> <C> <C> <C>
0.01 - 10.00%........... 32 $ 601,838.53 2.63%
10.01 - 20.00............ 263 6,089,612.83 26.59
20.01 - 30.00............ 289 7,317,625.44 31.96
30.01 - 40.00............ 148 4,988,740.35 21.79
40.01 - 50.00............ 69 2,134,670.35 9.32
50.01 - 60.00............ 18 655,847.67 2.86
60.01 - 70.00............ 18 411,410.14 1.80
70.01 - 80.00............ 11 374,261.79 1.63
80.01 - 90.00............ 7 220,865.45 0.96
90.01 - 100.00............ 3 104,576.01 0.46
--- --------------- ------
TOTAL................... 858 $ 22,899,448.56 100.00%
=== =============== ======
</TABLE>
<TABLE>
<S> <C>
Minimum Junior Lien Ratio: 6.58%
Maximum Junior Lien Ratio: 100.00%
Weighted Average Junior Lien Ratio: 29.12%
</TABLE>
FIXED RATE GROUP
DISTRIBUTION OF PROPERTY TYPES
<TABLE>
<CAPTION>
NUMBER OF AGGREGATE % OF AGGREGATE
PROPERTY TYPE MORTGAGE LOANS PRINCIPAL BALANCE PRINCIPAL BALANCE
------------- -------------- ----------------- -----------------
<S> <C> <C> <C>
SF Detached/DeMinimus PUD..... 4,675 $287,506,720.71 87.98%
SF Row House/Townhouse/Condo.. 267 12,739,000.35 3.90
Two to Four Family Home....... 228 14,775,928.92 4.52
Prefabricated Single Family... 227 11,771,303.25 3.60
----- --------------- ------
TOTAL..................... 5,397 $326,792,953.23 100.00%
===== =============== ======
</TABLE>
FIXED RATE GROUP
DISTRIBUTION OF OCCUPANCY STATUS
<TABLE>
<CAPTION>
NUMBER OF AGGREGATE % OF AGGREGATE
OCCUPANCY STATUS MORTGAGE LOANS PRINCIPAL BALANCE PRINCIPAL BALANCE
---------------- -------------- ----------------- -----------------
<S> <C> <C> <C>
Owner Occupied................ 4,980 $305,194,782.03 93.39%
Non-Owner Occupied............ 417 21,598,171.20 6.61
----- --------------- ------
TOTAL..................... 5,397 $326,792,953.23 100.00%
===== =============== ======
</TABLE>
Owner Occupied includes vacation and second homes.
<PAGE> 6
FIXED RATE GROUP
DISTRIBUTION OF SEASONING
<TABLE>
<CAPTION>
MONTHS ELAPSED NUMBER OF AGGREGATE % OF AGGREGATE
SINCE ORIGINATION MORTGAGE LOANS PRINCIPAL BALANCE PRINCIPAL BALANCE
----------------- -------------- ----------------- -----------------
<S> <C> <C> <C>
0 - 6.................. 4,695 $285,008,918.76 87.21%
7 - 12.................. 578 34,599,653.96 10.59
13 - 24.................. 76 5,580,532.21 1.71
25 - 142.................. 48 1,603,848.30 0.49
----- --------------- ------
TOTAL.................... 5,397 $326,792,953.23 100.00%
===== =============== ======
Minimum Seasoning: 0 Months
Maximum Seasoning: 142 Months
Weighted Average Seasoning: 4 Months
</TABLE>
<PAGE> 7
The ARM Group
The following tables describe the ARM group of mortgage loans and the
mortgaged properties as of the end of the Pre-Funding Period.
ARM GROUP
GEOGRAPHIC DISTRIBUTION
(TOP TEN STATES)
<TABLE>
<CAPTION>
NUMBER OF AGGREGATE % OF AGGREGATE
STATE MORTGAGE LOANS PRINCIPAL BALANCE PRINCIPAL BALANCE
----- -------------- ------------------ -----------------
<S> <C> <C> <C>
California...................... 42 $ 5,748,337.79 7.51%
Michigan........................ 80 4,779,646.79 6.25
Washington...................... 41 4,279,056.99 5.59
Florida......................... 49 4,178,614.15 5.46
Oregon.......................... 33 3,766,283.72 4.92
New York........................ 39 3,696,851.58 4.83
Georgia......................... 33 3,501,757.39 4.58
Colorado........................ 25 3,464,749.15 4.53
Illinois........................ 44 3,343,983.31 4.37
Ohio............................ 46 3,115,885.12 4.07
Other........................... 499 36,653,109.44 47.89
-------------- ------------------ -----------------
TOTAL....................... 931 $ 76,528,275.43 100.00%
============== ================== =================
</TABLE>
The mortgaged properties in the ARM group are located in 45 states.
ARM GROUP
DISTRIBUTION OF LTVS
<TABLE>
<CAPTION>
RANGE OF NUMBER OF AGGREGATE % OF AGGREGATE
LTV RATIOS MORTGAGE LOANS PRINCIPAL BALANCE PRINCIPAL BALANCE
---------- -------------- ----------------- -----------------
<S> <C> <C> <C>
0.01 - 60.00% .............. 81 $ 4,292,457.56 5.61%
60.01 - 70.00 ............... 87 6,200,725.18 8.10
70.01 - 75.00 ............... 243 22,474,785.51 29.37
75.01 - 80.00 ............... 148 11,182,635.68 14.61
80.01 - 85.00 ............... 198 17,875,879.81 23.36
85.01 - 90.00 ............... 146 12,595,948.50 16.46
90.01 - 95.00 ............... 22 1,647,500.99 2.15
95.01 - 100.00 .............. 6 258,342.20 0.34
-------------- ----------------- -----------------
TOTAL: .......................... 931 $76,528,275.43 100.00%
============== ================= =================
</TABLE>
Minimum LTV Ratio: 12.14%
Maximum LTV Ratio: 98.99%
Weighted Average LTV Ratio: 78.08%
<PAGE> 8
ARM GROUP
DISTRIBUTION OF REMAINING TERM TO MATURITY
<TABLE>
<CAPTION>
NUMBER OF AGGREGATE % OF AGGREGATE
MONTHS REMAINING MORTGAGE LOANS PRINCIPAL BALANCE PRINCIPAL BALANCE
---------------- -------------- ----------------- -----------------
<S> <C> <C> <C>
1 - 60................ 3 $ 67,484.55 0.09%
61 - 120................ 14 529,022.10 0.69
121 - 180................ 31 1,398,851.05 1.83
181 - 240................ 54 3,931,023.76 5.14
241 - 300................ 4 257,542.79 0.34
301 - 360................ 825 70,344,351.18 91.91
-------------- ----------------- -----------------
TOTAL....................... 931 $ 76,528,275.43 100.00%
============== ================= =================
</TABLE>
Minimum Remaining Term: 49 Months
Maximum Remaining Term: 360 Months
Weighted Average Remaining Term: 347 Months
ARM GROUP
DISTRIBUTION OF PRINCIPAL BALANCES
<TABLE>
<CAPTION>
RANGE OF NUMBER OF AGGREGATE % OF AGGREGATE
PRINCIPAL BALANCES MORTGAGE LOANS PRINCIPAL BALANCE PRINCIPAL BALANCE
------------------ -------------- ----------------- -----------------
<S> <C> <C> <C>
$ 1,000 - $ 25,000......... 30 $ 618,178.10 0.81%
25,001 - 50,000......... 250 9,810,730.66 12.82
50,001 - 75,000......... 271 16,713,015.07 21.84
75,001 - 100,000......... 134 11,664,297.46 15.24
100,001 - 150,000......... 152 18,402,803.69 24.05
150,001 - 200,000......... 61 10,469,493.79 13.68
200,001 - 250,000......... 16 3,590,764.25 4.69
250,001 - 300,000......... 6 1,617,705.98 2.11
300,001 - 350,000......... 9 2,894,873.90 3.78
350,001 - 400,000......... 2 746,412.53 0.98
-------------- ----------------- -----------------
TOTAL....................... 931 $ 76,528,275.43 100.00%
============== ================= =================
</TABLE>
Minimum Principal Balance: $ 10,949.98
Maximum Principal Balance: $ 384,412.53
Average Principal Balance: $ 82,200.08
ARM GROUP
DISTRIBUTION OF PROPERTY TYPES
<TABLE>
<CAPTION>
NUMBER OF AGGREGATE % OF AGGREGATE
PROPERTY TYPE MORTGAGE LOANS PRINCIPAL BALANCE PRINCIPAL BALANCE
------------- -------------- ----------------- -----------------
<S> <C> <C> <C>
SF Detached/DeMinimus PUD.......... 816 $ 67,928,914.21 88.76%
SF Row House/Townhouse/Condo....... 46 3,126,190.14 4.09
Two to Four Family Home............ 40 3,735,082.09 4.88
Prefabricated Single Family........ 29 1,738,088.99 2.27
-------------- ----------------- -----------------
TOTAL.......................... 931 $ 76,528,275.43 100.00%
============== ================= =================
</TABLE>
<PAGE> 9
ARM GROUP
DISTRIBUTION OF OCCUPANCY STATUS
<TABLE>
<CAPTION>
NUMBER OF AGGREGATE % OF AGGREGATE
OCCUPANCY STATUS MORTGAGE LOANS PRINCIPAL BALANCE PRINCIPAL BALANCE
---------------- -------------- ----------------- -----------------
<S> <C> <C> <C>
Owner Occupied..................... 844 $ 71,131,726.22 92.95%
Non-Owner Occupied................. 87 5,396,549.21 7.05
-------------- ----------------- -----------------
TOTAL.......................... 931 $ 76,528,275.43 100.00%
============== ================= =================
</TABLE>
Owner Occupied includes vacation and second homes.
ARM GROUP
DISTRIBUTION OF SEASONING
<TABLE>
<CAPTION>
MONTHS ELAPSED NUMBER OF AGGREGATE % OF AGGREGATE
SINCE ORIGINATION MORTGAGE LOANS PRINCIPAL BALANCE PRINCIPAL BALANCE
----------------- -------------- ----------------- -----------------
<S> <C> <C> <C>
0 - 6..................... 897 $ 74,086,102.71 96.81%
7 - 12..................... 29 2,145,346.81 2.80
13 - 24..................... 5 296,825.91 0.39
-------------- ----------------- -----------------
TOTAL ..................... 931 $ 76,528,275.43 100.00%
============== ================= =================
</TABLE>
Minimum Seasoning: 0 Months
Maximum Seasoning: 21 Months
Weighted Average Seasoning: 2 Months
ARM GROUP
DISTRIBUTION OF CURRENT MORTGAGE COUPON RATES
<TABLE>
<CAPTION>
RANGE OF CURRENT NUMBER OF AGGREGATE % OF AGGREGATE
MORTGAGE COUPON RATES MORTGAGE LOANS PRINCIPAL BALANCE PRINCIPAL BALANCE
--------------------- -------------- ----------------- -----------------
<S> <C> <C> <C>
7.001 - 8.000%........... 54 $ 5,899,178.33 7.71%
8.001 - 9.000............ 201 21,052,133.56 27.50
9.001 - 10.000............ 242 20,811,854.96 27.19
10.001 - 11.000............ 181 13,427,338.50 17.55
11.001 - 12.000............ 104 7,179,593.28 9.38
12.001 - 13.000............ 73 4,665,067.71 6.10
13.001 - 14.000............ 45 2,334,046.20 3.05
14.001 - 15.000............ 23 884,375.94 1.16
15.001 - 16.000............ 4 196,378.19 0.26
16.001 - 17.000............ 3 56,937.53 0.07
17.001 - 18.000............ 1 21,371.23 0.03
-------------- ----------------- -----------------
TOTAL....................... 931 $ 76,528,275.43 100.00%
============== ================= =================
</TABLE>
Minimum Current Mortgage Coupon Rate: 7.23%
Maximum Current Mortgage Coupon Rate: 17.13%
Weighted Average Current Mortgage Coupon Rate: 9.91%
<PAGE> 10
ARM GROUP
DISTRIBUTION OF MAXIMUM MORTGAGE COUPON RATES
<TABLE>
<CAPTION>
RANGE OF MAXIMUM NUMBER OF AGGREGATE % OF AGGREGATE
MORTGAGE COUPON RATES MORTGAGE LOANS PRINCIPAL BALANCE PRINCIPAL BALANCE
--------------------- -------------- ----------------- -----------------
<S> <C> <C> <C>
14.001 - 15.000%........... 56 $ 5,964,712.03 7.79%
15.001 - 16.000............ 206 21,459,348.86 28.04
16.001 - 17.000............ 249 21,588,932.19 28.22
17.001 - 18.000............ 167 12,177,512.27 15.91
18.001 - 19.000............ 104 7,179,593.28 9.38
19.001 - 20.000............ 74 4,715,782.71 6.16
20.001 - 21.000............ 45 2,321,731.20 3.03
21.001 - 22.000............ 22 845,975.94 1.11
22.001 - 23.000............ 4 196,378.19 0.26
23.001 - 24.000............ 3 56,937.53 0.07
24.001 - 25.000............ 1 21,371.23 0.03
-------------- ----------------- -----------------
TOTAL....................... 931 $ 76,528,275.43 100.00%
============== ================= =================
</TABLE>
Lowest Maximum Mortgage Coupon Rates: 14.14%
Highest Maximum Mortgage Coupon Rates: 24.13%
Weighted Average Maximum Mortgage Coupon Rates: 16.89%
ARM GROUP
DISTRIBUTION OF MINIMUM MORTGAGE COUPON RATES
<TABLE>
<CAPTION>
RANGE OF MINIMUM NUMBER OF AGGREGATE % OF AGGREGATE
MORTGAGE COUPON RATES MORTGAGE LOANS PRINCIPAL BALANCE PRINCIPAL BALANCE
--------------------- -------------- ----------------- -----------------
<S> <C> <C> <C>
5.001 - 6.000%........... 4 $ 203,667.99 0.27%
6.001 - 7.000............ 3 572,274.63 0.75
7.001 - 8.000............ 262 26,577,200.92 34.72
8.001 - 9.000............ 133 13,025,982.62 17.02
9.001 - 10.000............ 171 13,687,685.42 17.89
10.001 - 11.000............ 142 9,901,762.45 12.94
11.001 - 12.000............ 91 5,994,872.00 7.83
12.001 - 13.000............ 61 3,711,416.91 4.85
13.001 - 14.000............ 36 1,825,228.26 2.39
14.001 - 15.000............ 20 753,497.28 0.98
15.001 - 16.000............ 4 196,378.19 0.26
16.001 - 17.000............ 3 56,937.53 0.07
17.001 - 18.000............ 1 21,371.23 0.03
-------------- ----------------- -----------------
TOTAL....................... 931 $ 76,528,275.43 100.00%
============== ================= =================
</TABLE>
Lowest Minimum Mortgage Coupon Rates: 5.95%
Highest Minimum Mortgage Coupon Rates: 17.13%
Weighted Average Minimum Mortgage Coupon Rates: 9.28%
<PAGE> 11
ARM GROUP
DISTRIBUTION OF MARGINS
<TABLE>
<CAPTION>
AGGREGATE % OF AGGREGATE
RANGE OF NUMBER OF PRINCIPAL PRINCIPAL
MARGINS MORTGAGE LOANS BALANCE BALANCE
-------- -------------- ------------- --------------
<S> <C> <C> <C>
0.001 - 1.000%...... 1 $ 241,342.78 0.32%
1.001 - 2.000....... 48 5,189,793.59 6.78
2.001 - 3.000....... 74 7,798,154.56 10.19
3.001 - 4.000....... 63 5,490,821.99 7.17
4.001 - 5.000....... 66 6,571,354.74 8.59
5.001 - 6.000....... 204 17,572,992.68 22.97
6.001 - 7.000....... 207 17,558,746.52 22.94
7.001 - 8.000....... 134 9,469,890.77 12.37
8.001 - 9.000....... 76 4,339,606.30 5.67
9.001 -10.000....... 39 1,575,327.03 2.06
10.001 -11.000....... 8 352,399.78 0.46
11.001 -12.000....... 10 337,847.78 0.44
12.001 -13.000....... 1 29,996.91 0.04
--- -------------- ------
TOTAL.............. 931 $76,528,275.43 100.00%
=== ============== ======
</TABLE>
<TABLE>
<S> <C>
Minimum Margin: 0.45%
Maximum Margin: 12.13%
Weighted Average Margin: 5.51%
</TABLE>
ARM GROUP
DISTRIBUTION OF LOAN TYPES
<TABLE>
<CAPTION>
AGGREGATE % OF AGGREGATE
NUMBER OF PRINCIPAL PRINCIPAL
LOAN TYPES MORTGAGE LOANS BALANCE BALANCE
---------- -------------- -------------- --------------
<S> <C> <C> <C>
ARM Loans:
6-mo. LIBOR.......... 226 $21,582,742.42 28.20%
1 yr. CMT............ 5 293,024.62 0.38
Hybrid Mortgage Loans:
2-yr. fixed/6-mo. LIBOR 50 3,335,573.95 4.36
3-yr. fixed/6-mo. LIBOR 611 48,436,569.38 63.30
3-yr. fixed/1-yr. CMT 17 1,302,551.58 1.70
5-yr. fixed/6-mo. LIBOR 22 1,577,813.48 2.06
--- -------------- ------
TOTAL.............. 931 $76,528,275.43 100.00%
=== ============== ======
</TABLE>
ARM GROUP
DISTRIBUTION OF COUPON RATE ADJUSTMENT FREQUENCIES
<TABLE>
<CAPTION>
AGGREGATE % OF AGGREGATE
RATE CHANGE PERIOD NUMBER OF PRINCIPAL PRINCIPAL
(MONTHS) MORTGAGE LOANS BALANCE BALANCE
------------------ -------------- -------------- --------------
<S> <C> <C> <C>
6...................... 909 $74,932,699.23 97.92%
12..................... 22 1,595,576.20 2.08
--- -------------- ------
TOTAL............... 931 $76,528,275.43 100.00%
=== ============== ======
</TABLE>
<PAGE> 12
ARM GROUP
DISTRIBUTION OF INITIAL PERIODIC COUPON RATE ADJUSTMENT CAPS
<TABLE>
<CAPTION>
AGGREGATE % OF AGGREGATE
INITIAL PERIODIC COUPON NUMBER OF PRINCIPAL PRINCIPAL
RATE ADJUSTMENT CAPS MORTGAGE LOANS BALANCE BALANCE
----------------------- -------------- -------------- --------------
<S> <C> <C> <C>
1.000%................. 264 $24,786,304.44 32.39%
2.000.................. 15 1,395,406.67 1.82
3.000.................. 652 50,346,564.32 65.79
--- -------------- ------
TOTAL............... 931 $76,528,275.43 100.00%
=== ============== ======
</TABLE>
<TABLE>
<S> <C>
Minimum Initial Periodic Cap: 1.00%
Maximum Initial Periodic Cap: 3.00%
Weighted Average Initial Periodic Cap: 2.33%
</TABLE>
ARM GROUP
DISTRIBUTION OF PERIODIC COUPON RATE ADJUSTMENT CAPS
<TABLE>
<CAPTION>
AGGREGATE % OF AGGREGATE
PERIODIC COUPON RATE NUMBER OF PRINCIPAL PRINCIPAL
ADJUSTMENT CAPS MORTGAGE LOANS BALANCE BALANCE
-------------------- -------------- -------------- --------------
<S> <C> <C> <C>
1.000%................. 902 $74,643,002.07 97.53%
1.500.................. 5 203,390.56 0.27
2.000.................. 24 1,681,882.80 2.20
--- -------------- ------
TOTAL............... 931 $76,528,275.43 100.00%
=== ============== ======
</TABLE>
<TABLE>
<S> <C>
Minimum Periodic Cap: 1.00%
Maximum Periodic Cap: 2.00%
Weighted Average Periodic Cap: 1.02%
</TABLE>
ARM GROUP
DISTRIBUTION OF LIFETIME COUPON RATE ADJUSTMENT CAPS
<TABLE>
<CAPTION>
AGGREGATE % OF AGGREGATE
LIFETIME COUPON RATE NUMBER OF PRINCIPAL PRINCIPAL
ADJUSTMENT CAPS MORTGAGE LOANS BALANCE BALANCE
-------------------- -------------- -------------- --------------
<S> <C> <C> <C>
6.000%............... 25 $ 1,877,223.93 2.45%
7.000................ 906 74,651,051.50 97.55
--- -------------- ------
TOTAL............... 931 $76,528,275.43 100.00%
=== ============== ======
</TABLE>
<TABLE>
<S> <C>
Minimum Lifetime Cap: 6.00%
Maximum Lifetime Cap: 7.00%
Weighted Average Lifetime Cap: 6.98%
</TABLE>
<PAGE> 13
ARM GROUP
NEXT COUPON RATE ADJUSTMENT DATE DISTRIBUTION
<TABLE>
<CAPTION>
AGGREGATE % OF AGGREGATE
NEXT COUPON RATE NUMBER OF PRINCIPAL PRINCIPAL
ADJUSTMENT DATE MORTGAGE LOANS BALANCE BALANCE
--------------- -------------- ------------- --------------
<S> <C> <C> <C>
June, 2000............. 3 $ 173,133.79 0.23%
July, 2000............. 1 105,649.30 0.14
August, 2000........... 4 546,639.55 0.71
September, 2000........ 4 289,112.49 0.38
October, 2000.......... 24 1,596,486.89 2.09
November, 2000......... 9 531,710.38 0.69
December, 2000......... 12 760,414.26 0.99
January, 2001.......... 21 2,155,410.47 2.82
February, 2001......... 39 3,830,009.47 5.00
March, 2001............ 44 4,372,408.40 5.71
April, 2001............ 31 3,580,772.43 4.68
May, 2001.............. 24 2,193,247.11 2.87
June, 2001............. 17 1,835,973.65 2.40
July, 2001............. 5 366,131.66 0.48
August, 2001........... 3 180,219.89 0.24
September, 2001........ 3 86,028.60 0.11
October, 2001.......... 5 821,326.10 1.07
November, 2001......... 6 279,976.80 0.37
December, 2001......... 6 280,170.36 0.37
January, 2002.......... 8 448,612.83 0.59
February, 2002......... 7 492,503.83 0.64
March, 2002............ 4 251,626.88 0.33
April, 2002............ 3 206,714.62 0.27
May, 2002.............. 7 270,711.16 0.35
June, 2002............. 3 197,760.06 0.26
September, 2002........ 2 142,845.32 0.19
October, 2002.......... 1 114,506.50 0.15
November, 2002......... 30 2,105,636.87 2.75
December, 2002......... 39 2,965,539.47 3.88
January, 2003.......... 34 2,746,009.32 3.59
February, 2003......... 162 13,429,311.80 17.54
March, 2003............ 155 11,798,047.10 15.41
April, 2003............ 129 10,557,743.12 13.79
May, 2003.............. 63 5,080,871.47 6.64
June, 2003............. 1 157,200.00 0.21
May, 2004.............. 1 17,917.86 0.02
November, 2004......... 3 355,224.28 0.46
December, 2004......... 1 89,943.66 0.12
January, 2005.......... 2 95,075.86 0.12
February, 2005......... 7 444,638.73 0.58
March, 2005............ 2 74,785.69 0.10
April, 2005............ 4 348,227.40 0.46
May, 2005.............. 2 152,000.00 0.20
--- -------------- ------
TOTAL.............. 931 $76,528,275.43 100.00%
=== ============== ======
</TABLE>
<TABLE>
<S> <C>
Weighted Average Next Interest Adjustment Date: July 23, 2002
Weighted Average Number of Months to Next Interest Adjustment Date: 27
</TABLE>
