<PAGE> 1
- ------------------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported)
September 8, 1998
Advanta Mortgage Loan Trust 1998-4C
------------------------------------
(Exact name of registrant as specified in its charter)
- --------------------- -------------------- ----------------------
New York Application Pending
(State or Other Jurisdiction (Commission (I.R.S. Employer
of Incorporation) File Number) Identification No.)
Attention: President 52351-4 19477
Welsh & McKean Roads (Zip Code)
Spring House, Pennsylvania
(Address of Principal Executive Offices)
Registrant's telephone number, including area code (215) 657-4000
- ------------------------------------------------------------------------------
(Former name or former address, if changed since last report)
- --------------------------------------------------------------------------------
<PAGE> 2
Item 5. Other Events
In connection with the offering of Advanta Mortgage Loan Trust
1998-4C Mortgage Loan Asset-Backed Notes, Series 1998-4, described in a
Prospectus Supplement dated as of November 2, 1998, certain "Computational
Materials" within the meanings of the May 20, 1994 Kidder, Peabody No-Action
Letter and the February 17, 1995 Public Securities Association No-Action Letter
were furnished to certain prospective investors (the "Related Computational
Materials").
Item 7. Financial Statements, Pro Forma Financial Information and
Exhibits.
(a) Not applicable
(b) Not applicable
(c) Exhibit 99.1. Related Computational Materials (as defined in Item 5
above).
<PAGE> 3
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
ADVANTA MORTGAGE LOAN TRUST 1998-4C
By: Advanta Mortgage Conduit Services,
Inc., as Sponsor
By: /s/ Mark T. Dunsheath
-------------------------------
Name: Mark T. Dunsheath
Title: Vice President
Dated: November 18, 1998
<PAGE> 4
EXHIBIT INDEX
-------------
<TABLE>
<CAPTION>
Exhibit No. Description Page No.
- ----------- ----------- --------
<S> <C> <C>
99.1 Related Computational Materials (as defined in 5
Item 5 above).
</TABLE>
<PAGE> 1
This information has been prepared in connection with the issuance of notes
representing debt obligations of the above trust, and is based in part on
information provided by Advanta Mortgage Corp. with respect to the expected
characteristics of the pool of home equity loans in which these notes will
represent debt. The actual characteristics and performance of the home equity
loans will differ from the assumptions used in preparing these materials, which
are hypothetical in nature. Changes in the assumptions may have a material
impact on the information set forth in these materials. No representation is
made that any performance or return indicated herein will be achieved. For
example, it is very unlikely that the loans will prepay at a constant rate or
follow a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the loans contained herein, shall be deemed
superseded, amended and supplemented in their entirety by such Prospectus and
Prospectus Supplement. To Our Readers Worldwide: In addition, please note that
this information has been provided by Morgan Stanley & Co. Incorporated and
approved by Morgan Stanley & Co. International Limited, a member of the
Securities and Futures Authority, and Morgan Stanley Japan Ltd. We recommend
that investors obtain the advice of their Morgan Stanley & Co. International
Limited or Morgan Stanley Japan Ltd. representative about the investment
concerned. NOT FOR DISTRIBUTION TO PRIVATE CUSTOMERS AS DEFINED BY THE U.K.
SECURITIES AND FUTURES AUTHORITY
<PAGE> 2
MORGAN STANLEY DEAN WITTER
ADVANTA HOME EQUITY LOAN TRUST 1998-4
COLLATERAL ANALYSIS FOR SECURITIZATION - 10/31/98 CUTOFF
GROUP 3: ARMS
847 RECORDS
BALANCE: 78,885,644
1. ADJUSTMENT TYPE
<TABLE>
<CAPTION>
WGT
% OF WGT AVG WGT %
NUMBER TOTAL TOTAL AVERAGE WGT AVG STD WGT AVG CASH %
OF CURRENT CURRENT CURRENT AVG ORIG REM AVG ORIG OUT FULL
ADJUSTMENT TYPE LOANS BALANCE BALANCE BALANCE COUPON TERM TERM AGE CLTV REFI DOC
- --------------- ----- ------- ------- ------- ------ ---- ---- --- ---- ---- ---
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
ARM 847 78,885,644.09 100.00 93,135 9.561 357 356 1 79.43 65.5 81.7
TOTAL: 847 78,885,644.09 100.00 93,135 9.561 357 356 1 79.43 65.5 81.7
</TABLE>
<TABLE>
<CAPTION>
%
OWN % % % %
ADJUSTMENT TYPE OCC A B C D
- --------------- --- - - - -
<S> <C> <C> <C> <C> <C>
ARM 93.6 65.4 24.8 8.8 1.1
TOTAL: 93.6 65.4 24.8 8.8 1.1
</TABLE>
<PAGE> 3
2. CURRENT MORTGAGE RATES (%)
<TABLE>
<CAPTION>
WGT
% OF WGT AVG WGT %
NUMBER TOTAL TOTAL AVERAGE WGT AVG STD WGT AVG CASH %
OF CURRENT CURRENT CURRENT AVG ORIG REM AVG ORIG OUT FULL
CURRENT MORTGAGE RATES (%) LOANS BALANCE BALANCE BALANCE COUPON TERM TERM AGE CLTV REFI DOC
- -------------------------- ----- ------- ------- ------- ------ ---- ---- --- ---- ---- ---
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
5.501 - 6.000 2 301,489.74 0.38 150,745 5.997 360 357 3 83.37 100.0 100.0
6.501 - 7.000 6 843,405.89 1.07 140,568 6.832 360 358 2 74.41 87.1 71.0
7.001 - 7.500 16 1,700,167.53 2.16 106,260 7.411 351 350 1 77.81 60.5 93.9
7.501 - 8.000 53 5,878,904.37 7.45 110,923 7.907 349 348 1 76.31 80.4 85.4
8.001 - 8.500 64 6,680,537.22 8.47 104,383 8.367 353 352 1 77.53 74.8 86.4
8.501 - 9.000 124 12,639,837.44 16.02 101,934 8.843 356 356 1 80.46 65.4 93.0
9.001 - 9.500 132 12,425,543.92 15.75 94,133 9.321 357 357 1 79.23 73.6 82.0
9.501 - 10.000 151 14,745,779.78 18.69 97,654 9.829 358 357 1 80.68 61.3 75.1
10.001 - 10.500 87 7,915,576.74 10.03 90,984 10.311 357 356 1 81.59 56.0 69.4
10.501 - 11.000 93 7,579,072.35 9.61 81,495 10.733 360 359 1 80.03 58.1 83.7
11.001 - 11.500 46 3,376,663.93 4.28 73,406 11.268 360 359 1 79.02 49.8 79.0
11.501 - 12.000 38 2,851,766.24 3.62 75,046 11.795 360 359 1 78.45 61.5 75.8
12.001 - 12.500 23 1,360,969.46 1.73 59,173 12.252 358 357 1 76.92 55.2 77.8
12.501 - 13.000 6 338,177.75 0.43 56,363 12.725 360 355 5 70.38 70.3 69.7
13.001 - 13.500 1 33,000.00 0.04 33,000 13.500 360 360 0 55.00 100.0 100.0
13.501 - 14.000 2 141,896.00 0.18 70,948 13.903 360 357 3 74.32 46.2 100.0
14.001 >= 3 72,855.73 0.09 24,285 15.076 360 356 4 59.02 69.3 30.7
TOTAL: 847 78,885,644.09 100.00 93,135 9.561 357 356 1 79.43 65.5 81.7
</TABLE>
<TABLE>
<CAPTION>
%
OWN % % % %
CURRENT MORTGAGE RATES (%) OCC A B C D
- -------------------------- --- - - - -
<S> <C> <C> <C> <C> <C>
5.501 - 6.000 100.0 100.0 0.0 0.0 0.0
6.501 - 7.000 100.0 100.0 0.0 0.0 0.0
7.001 - 7.500 100.0 100.0 0.0 0.0 0.0
7.501 - 8.000 97.1 100.0 0.0 0.0 0.0
8.001 - 8.500 93.1 90.7 9.3 0.0 0.0
8.501 - 9.000 93.7 86.1 11.4 2.6 0.0
9.001 - 9.500 87.5 68.6 25.2 5.2 1.0
9.501 - 10.000 93.5 56.5 36.1 6.8 0.7
10.001 - 10.500 98.2 51.6 39.2 5.9 3.2
10.501 - 11.000 93.8 37.3 39.3 20.4 3.0
11.001 - 11.500 98.1 26.0 44.4 29.6 0.0
11.501 - 12.000 93.2 33.3 32.9 33.9 0.0
12.001 - 12.500 93.2 20.7 28.7 38.5 12.1
12.501 - 13.000 84.6 0.0 35.7 64.3 0.0
13.001 - 13.500 100.0 100.0 0.0 0.0 0.0
13.501 - 14.000 46.2 0.0 0.0 100.0 0.0
14.001 >= 59.5 0.0 0.0 100.0 0.0
TOTAL: 93.6 65.4 24.8 8.8 1.1
</TABLE>
Minimum: 5.9900
Maximum: 15.1900
Weighted Average: 9.5610
<PAGE> 4
3. ORIGINAL MORTGAGE LOAN PRINCIPAL BALANCE ($)
<TABLE>
<CAPTION>
WGT
% OF WGT AVG WGT %
NUMBER TOTAL TOTAL AVERAGE WGT AVG STD WGT AVG CASH %
ORIGINAL MORTGAGE LOAN OF CURRENT CURRENT CURRENT AVG ORIG REM AVG ORIG OUT FULL
PRINCIPAL BALANCE ($) LOANS BALANCE BALANCE BALANCE COUPON TERM TERM AGE CLTV REFI DOC
- --------------------- ----- ------- ------- ------- ------ ---- ---- --- ---- ---- ---
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
1 - 25,000 13 277,744.57 0.35 21,365 11.435 351 350 2 65.25 59.5 67.6
25,001 - 50,000 115 4,609,835.68 5.84 40,086 10.298 353 352 1 75.45 69.4 88.0
50,001 - 75,000 225 14,182,907.06 17.98 63,035 9.900 354 353 1 77.90 62.9 86.2
75,001 - 100,000 183 15,887,150.69 20.14 86,815 9.500 356 355 1 79.52 65.2 85.5
100,001 - 125,000 132 14,707,923.41 18.64 111,424 9.462 357 356 1 80.39 61.8 80.5
125,001 - 150,000 77 10,529,976.86 13.35 136,753 9.563 356 355 1 80.89 70.2 78.8
150,001 - 175,000 47 7,566,470.54 9.59 160,989 9.452 360 359 1 81.33 63.7 80.6
175,001 - 200,000 32 6,007,864.15 7.62 187,746 9.236 360 359 1 81.27 66.0 81.2
200,001 - 225,000 20 4,298,005.70 5.45 214,900 8.812 360 360 0 77.42 75.2 65.0
225,001 - 250,000 2 494,971.48 0.63 247,486 8.350 360 359 1 68.50 100.0 100.0
300,001 - 325,000 1 322,793.95 0.41 322,794 10.380 360 359 1 84.95 0.0 0.0
TOTAL: 847 78,885,644.09 100.00 93,135 9.561 357 356 1 79.43 65.5 81.7
</TABLE>
<TABLE>
<CAPTION>
%
ORIGINAL MORTGAGE LOAN OWN % % % %
PRINCIPAL BALANCE ($) OCC A B C D
- --------------------- --- - - - -
<S> <C> <C> <C> <C> <C>
1 - 25,000 52.0 33.7 22.4 43.9 0.0
25,001 - 50,000 80.1 50.4 32.6 16.0 1.0
50,001 - 75,000 91.9 55.3 30.6 12.7 1.3
75,001 - 100,000 92.2 61.8 28.3 9.2 0.6
100,001 - 125,000 97.7 67.4 23.5 7.5 1.6
125,001 - 150,000 97.5 70.0 24.8 3.8 1.3
150,001 - 175,000 89.2 74.7 18.9 4.4 2.1
175,001 - 200,000 96.8 78.3 9.4 12.2 0.0
200,001 - 225,000 100.0 70.5 24.7 4.8 0.0
225,001 - 250,000 100.0 100.0 0.0 0.0 0.0
300,001 - 325,000 100.0 100.0 0.0 0.0 0.0
TOTAL: 93.6 65.4 24.8 8.8 1.1
</TABLE>
Minimum: 14,704
Maximum: 323,000
Average: 93,291
Total: 79,017,092.36
<PAGE> 5
4. CURRENT MORTGAGE LOAN PRINCIPAL BALANCE ($)
<TABLE>
<CAPTION>
WGT
% OF WGT AVG WGT %
NUMBER TOTAL TOTAL AVERAGE WGT AVG STD WGT AVG CASH
CURRENT MORTGAGE LOAN OF CURRENT CURRENT CURRENT AVG ORIG REM AVG ORIG OUT
PRINCIPAL BALANCE ($) LOANS BALANCE BALANCE BALANCE COUPON TERM TERM AGE CLTV REFI
- --------------------- ----- ------- ------- ------- ------ ---- ---- --- ---- ----
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
0.01 - 25,000.00 14 280,660.27 0.36 20,047 11.446 352 350 2 65.14 59.9
25,000.01 - 50,000.00 115 4,609,835.68 5.84 40,086 10.298 353 352 1 75.45 69.4
50,000.01 - 75,000.00 225 14,182,907.06 17.98 63,035 9.900 354 353 1 77.90 62.9
75,000.01 - 100,000.00 182 15,884,234.99 20.14 87,276 9.499 356 355 1 79.52 65.2
100,000.01 - 125,000.00 133 14,832,881.22 18.80 111,525 9.485 357 356 1 80.46 62.1
125,000.01 - 150,000.00 76 10,405,019.05 13.19 136,908 9.532 356 355 1 80.79 69.8
150,000.01 - 175,000.00 47 7,566,470.54 9.59 160,989 9.452 360 359 1 81.33 63.7
175,000.01 - 200,000.00 32 6,007,864.15 7.62 187,746 9.236 360 359 1 81.27 66.0
200,000.01 - 225,000.00 20 4,298,005.70 5.45 214,900 8.812 360 360 0 77.42 75.2
225,000.01 - 250,000.00 2 494,971.48 0.63 247,486 8.350 360 359 1 68.50 100.0
300,000.01 - 325,000.00 1 322,793.95 0.41 322,794 10.380 360 359 1 84.95 0.0
TOTAL: 847 78,885,644.09 100.00 93,135 9.561 357 356 1 79.43 65.5
</TABLE>
<TABLE>
<CAPTION>
% %
CURRENT MORTGAGE LOAN FULL OWN % % % %
PRINCIPAL BALANCE ($) DOC OCC A B C D
- --------------------- --- --- - - - -
<S> <C> <C> <C> <C> <C> <C>
0.01 - 25,000.00 66.9 52.5 33.3 22.1 44.5 0.0
25,000.01 - 50,000.00 88.0 80.1 50.4 32.6 16.0 1.0
50,000.01 - 75,000.00 86.2 91.9 55.3 30.6 12.7 1.3
75,000.01 - 100,000.00 85.6 92.2 61.8 28.4 9.2 0.6
100,000.01 - 125,000.00 80.7 97.7 67.6 23.3 7.4 1.6
125,000.01 - 150,000.00 78.5 97.4 69.7 25.1 3.9 1.3
150,000.01 - 175,000.00 80.6 89.2 74.7 18.9 4.4 2.1
175,000.01 - 200,000.00 81.2 96.8 78.3 9.4 12.2 0.0
200,000.01 - 225,000.00 65.0 100.0 70.5 24.7 4.8 0.0
225,000.01 - 250,000.00 100.0 100.0 100.0 0.0 0.0 0.0
300,000.01 - 325,000.00 0.0 100.0 100.0 0.0 0.0 0.0
TOTAL: 81.7 93.6 65.4 24.8 8.8 1.1
</TABLE>
Minimum: 2,916
Maximum: 322,794
Average: 93,135
<PAGE> 6
5. ORIGINAL LOAN-TO-VALUE RATIO (%)
<TABLE>
<CAPTION>
WGT
% OF WGT AVG WGT %
NUMBER TOTAL TOTAL AVERAGE WGT AVG STD WGT AVG CASH
ORIGINAL OF CURRENT CURRENT CURRENT AVG ORIG REM AVG ORIG OUT
LOAN-TO-VALUE RATIO (%) LOANS BALANCE BALANCE BALANCE COUPON TERM TERM AGE CLTV REFI
- ----------------------- ----- ------- ------- ------- ------ ---- ---- --- ---- ----
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
10.001 - 20.000 1 37,000.00 0.05 37,000 10.000 360 360 0 12.34 100.0
30.001 - 40.000 6 286,198.75 0.36 47,700 9.435 344 343 1 38.93 100.0
40.001 - 50.000 12 765,691.23 0.97 63,808 9.450 360 359 1 45.84 76.2
50.001 - 60.000 21 1,364,534.17 1.73 64,978 9.438 358 357 1 55.14 64.0
60.001 - 70.000 86 6,869,070.09 8.71 79,873 9.779 359 357 1 67.01 76.2
70.001 - 75.000 134 12,068,991.15 15.30 90,067 9.668 352 351 1 74.24 74.1
75.001 - 80.000 239 23,323,915.40 29.57 97,590 9.364 358 357 1 79.57 58.6
80.001 - 85.000 242 23,839,242.84 30.22 98,509 9.513 359 358 1 84.49 68.2
85.001 - 90.000 104 10,127,750.46 12.84 97,382 9.877 352 351 1 88.75 56.9
90.001 - 95.000 2 203,250.00 0.26 101,625 9.782 360 360 0 92.43 0.0
TOTAL: 847 78,885,644.09 100.00 93,135 9.561 357 356 1 79.43 65.5
</TABLE>
<TABLE>
<CAPTION>
% %
ORIGINAL FULL OWN % % % %
LOAN-TO-VALUE RATIO (%) DOC OCC A B C D
- ----------------------- --- --- - - - -
<S> <C> <C> <C> <C> <C> <C>
10.001 - 20.000 100.0 100.0 0.0 100.0 0.0 0.0
30.001 - 40.000 100.0 90.9 74.1 25.9 0.0 0.0
40.001 - 50.000 62.2 86.0 62.7 17.8 19.4 0.0
50.001 - 60.000 64.5 87.0 47.3 23.4 29.3 0.0
60.001 - 70.000 67.9 88.5 53.3 25.7 20.1 0.9
70.001 - 75.000 72.8 87.5 56.9 21.8 21.3 0.0
75.001 - 80.000 76.4 93.9 68.5 20.7 8.1 2.7
80.001 - 85.000 90.4 96.6 62.8 34.5 1.9 0.8
85.001 - 90.000 97.3 98.8 85.5 13.8 0.7 0.0
90.001 - 95.000 48.0 52.0 48.0 52.0 0.0 0.0
TOTAL: 81.7 93.6 65.4 24.8 8.8 1.1
</TABLE>
Minimum: 12.34
Maximum: 94.66
Weighted Average by Original Balance: 79.40
Weighted Average by Current Balance: 79.43
<PAGE> 7
6. COMBINED ORIGINAL LOAN-TO-VALUE RATIO (%)
<TABLE>
<CAPTION>
WGT
% OF WGT AVG WGT %
COMBINED NUMBER TOTAL TOTAL AVERAGE WGT AVG STD WGT AVG CASH
ORIGINAL OF CURRENT CURRENT CURRENT AVG ORIG REM AVG ORIG OUT
LOAN-TO-VALUE RATIO (%) LOANS BALANCE BALANCE BALANCE COUPON TERM TERM AGE CLTV REFI
- ----------------------- ----- ------- ------- ------- ------ ---- ---- --- ---- ----
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
10.001 - 15.000 1 37,000.00 0.05 37,000 10.000 360 360 0 12.34 100.0
30.001 - 35.000 1 20,192.14 0.03 20,192 10.600 360 360 0 33.66 100.0
35.001 - 40.000 5 266,006.61 0.34 53,201 9.347 342 342 1 39.33 100.0
40.001 - 45.000 5 375,349.42 0.48 75,070 8.617 360 359 1 42.67 72.1
45.001 - 50.000 7 390,341.81 0.49 55,763 10.250 360 360 0 48.89 80.2
50.001 - 55.000 11 792,275.34 1.00 72,025 9.256 360 359 1 52.50 64.2
55.001 - 60.000 10 572,258.83 0.73 57,226 9.690 355 354 1 58.81 63.8
60.001 - 65.000 28 2,267,761.31 2.87 80,991 9.720 356 354 1 63.42 89.0
65.001 - 70.000 58 4,601,308.78 5.83 79,333 9.808 360 359 1 68.77 69.8
70.001 - 75.000 134 12,068,991.15 15.30 90,067 9.668 352 351 1 74.24 74.1
75.001 - 80.000 239 23,323,915.40 29.57 97,590 9.364 358 357 1 79.57 58.6
80.001 - 85.000 242 23,839,242.84 30.22 98,509 9.513 359 358 1 84.49 68.2
85.001 - 90.000 104 10,127,750.46 12.84 97,382 9.877 352 351 1 88.75 56.9
90.001 - 95.000 2 203,250.00 0.26 101,625 9.782 360 360 0 92.43 0.0
TOTAL: 847 78,885,644.09 100.00 93,135 9.561 357 356 1 79.43 65.5
</TABLE>
<TABLE>
<CAPTION>
COMBINED % %
ORIGINAL FULL OWN % % % %
LOAN-TO-VALUE RATIO (%) DOC OCC A B C D
- ----------------------- --- --- - - - -
<S> <C> <C> <C> <C> <C> <C>
10.001 - 15.000 100.0 100.0 0.0 100.0 0.0 0.0
30.001 - 35.000 100.0 100.0 100.0 0.0 0.0 0.0
35.001 - 40.000 100.0 90.2 72.2 27.8 0.0 0.0
40.001 - 45.000 41.9 100.0 75.5 13.3 11.2 0.0
45.001 - 50.000 81.6 72.6 50.4 22.2 27.4 0.0
50.001 - 55.000 53.8 80.7 60.0 32.4 7.5 0.0
55.001 - 60.000 79.2 95.6 29.7 10.9 59.4 0.0
60.001 - 65.000 79.0 94.9 48.8 25.2 25.9 0.0
65.001 - 70.000 62.4 85.3 55.5 26.0 17.2 1.4
70.001 - 75.000 72.8 87.5 56.9 21.8 21.3 0.0
75.001 - 80.000 76.4 93.9 68.5 20.7 8.1 2.7
80.001 - 85.000 90.4 96.6 62.8 34.5 1.9 0.8
85.001 - 90.000 97.3 98.8 85.5 13.8 0.7 0.0
90.001 - 95.000 48.0 52.0 48.0 52.0 0.0 0.0
TOTAL: 81.7 93.6 65.4 24.8 8.8 1.1
</TABLE>
Minimum: 12.34
Maximum: 94.66
Weighted Average by Original Balance: 79.40
Weighted Average by Current Balance: 79.43
<PAGE> 8
7. PRODUCT
<TABLE>
<CAPTION>
WGT
% OF WGT AVG WGT %
NUMBER TOTAL TOTAL AVERAGE WGT AVG STD WGT AVG CASH %
OF CURRENT CURRENT CURRENT AVG ORIG REM AVG ORIG OUT FULL
PRODUCT LOANS BALANCE BALANCE BALANCE COUPON TERM TERM AGE CLTV REFI DOC
- ------- ----- ------- ------- ------- ------ ---- ---- --- ---- ---- ---
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
ARM - 6 Month 45 4,513,533.72 5.72 100,301 8.726 356 353 2 77.86 58.3 61.0
ARM - 2 Year/6 Month 324 30,719,669.35 38.94 94,814 9.827 359 358 1 79.37 50.8 75.3
ARM - 3 Year/6 Month 319 29,188,331.72 37.00 91,499 9.681 358 358 1 79.32 69.0 84.2
ARM - 5 Year/6 Month 143 13,116,878.42 16.63 91,726 9.028 347 346 0 80.56 95.9 98.2
ARM - 2 Year/1 Year 16 1,347,230.88 1.71 84,202 8.898 357 352 4 77.46 53.1 84.2
TOTAL: 847 78,885,644.09 100.00 93,135 9.561 357 356 1 79.43 65.5 81.7
</TABLE>
<TABLE>
<CAPTION>
%
OWN % % % %
PRODUCT OCC A B C D
- ------- --- - - - -
<S> <C> <C> <C> <C> <C>
ARM - 6 Month 94.5 75.8 19.5 4.7 0.0
ARM - 2 Year/6 Month 92.7 62.9 22.5 12.3 2.3
ARM - 3 Year/6 Month 95.4 64.0 28.3 7.8 0.0
ARM - 5 Year/6 Month 94.7 69.7 26.1 2.9 1.3
ARM - 2 Year/1 Year 61.1 75.0 4.2 20.8 0.0
TOTAL: 93.6 65.4 24.8 8.8 1.1
</TABLE>
<PAGE> 9
8. INDEX TYPE
<TABLE>
<CAPTION>
WGT
% OF WGT AVG WGT %
NUMBER TOTAL TOTAL AVERAGE WGT AVG STD WGT AVG CASH %
OF CURRENT CURRENT CURRENT AVG ORIG REM AVG ORIG OUT FULL
INDEX TYPE LOANS BALANCE BALANCE BALANCE COUPON TERM TERM AGE CLTV REFI DOC
- ---------- ----- ------- ------- ------- ------ ---- ---- --- ---- ---- ---
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Treasury - 1 Year 16 1,347,230.88 1.71 84,202 8.898 357 352 4 77.46 53.1 84.2
Libor - 6 Month 831 77,538,413.21 98.29 93,307 9.573 357 356 1 79.46 65.7 81.7
TOTAL: 847 78,885,644.09 100.00 93,135 9.561 357 356 1 79.43 65.5 81.7
</TABLE>
<TABLE>
<CAPTION>
%
OWN % % % %
INDEX TYPE OCC A B C D
- ---------- --- - - - -
<S> <C> <C> <C> <C> <C>
Treasury - 1 Year 61.1 75.0 4.2 20.8 0.0
Libor - 6 Month 94.2 65.2 25.1 8.6 1.1
TOTAL: 93.6 65.4 24.8 8.8 1.1
</TABLE>
<PAGE> 10
9. BALLOON
<TABLE>
<CAPTION>
WGT
% OF WGT AVG WGT %
NUMBER TOTAL TOTAL AVERAGE WGT AVG STD WGT AVG CASH % %
OF CURRENT CURRENT CURRENT AVG ORIG REM AVG ORIG OUT FULL OWN
BALLOON LOANS BALANCE BALANCE BALANCE COUPON TERM TERM AGE CLTV REFI DOC OCC
- ------- ----- ------- ------- ------- ------ ---- ---- --- ---- ---- --- ---
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Non-Balloon 847 78,885,644.09 100.00 93,135 9.561 357 356 1 79.43 65.5 81.7 93.6
TOTAL: 847 78,885,644.09 100.00 93,135 9.561 357 356 1 79.43 65.5 81.7 93.6
</TABLE>
<TABLE>
<CAPTION>
% % % %
BALLOON A B C D
- ------- - - - -
<S> <C> <C> <C> <C>
Non-Balloon 65.4 24.8 8.8 1.1
TOTAL: 65.4 24.8 8.8 1.1
</TABLE>
<PAGE> 11
10. ORIGINAL TERM
<TABLE>
<CAPTION>
WGT
% OF WGT AVG WGT %
NUMBER TOTAL TOTAL AVERAGE WGT AVG STD WGT AVG CASH
OF CURRENT CURRENT CURRENT AVG ORIG REM AVG ORIG OUT
ORIGINAL TERM LOANS BALANCE BALANCE BALANCE COUPON TERM TERM AGE CLTV REFI
------------- ----- ------- ------- ------- ------ ---- ---- --- ---- ----
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
1 - 60 1 30,383.51 0.04 30,384 8.750 60 60 0 79.96 100.0
121 - 180 11 809,510.58 1.03 73,592 8.615 180 178 2 77.63 93.1
181 - 240 12 848,478.96 1.08 70,707 9.194 240 240 0 79.36 100.0
241 - 300 2 227,717.46 0.29 113,859 7.990 300 300 0 79.46 100.0
301 - 360 821 76,969,553.58 97.57 93,751 9.580 360 359 1 79.45 64.7
TOTAL: 847 78,885,644.09 100.00 93,135 9.561 357 356 1 79.43 65.5
</TABLE>
<TABLE>
<CAPTION>
% %
Full Own % % % %
ORIGINAL TERM Doc Occ A B C D
- ------------- --- --- - - - -
<S> <C> <C> <C> <C> <C> <C>
1 - 60 100.0 100.0 100.0 0.0 0.0 0.0
121 - 180 100.0 86.4 91.3 8.7 0.0 0.0
181 - 240 100.0 100.0 72.3 25.3 2.3 0.0
241 - 300 100.0 100.0 100.0 0.0 0.0 0.0
301 - 360 81.3 93.6 64.9 25.0 9.0 1.1
TOTAL: 81.7 93.6 65.4 24.8 8.8 1.1
</TABLE>
<PAGE> 12
11. SEASONING
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
WGT
% OF WGT AVG WGT %
NUMBER TOTAL TOTAL AVERAGE WGT AVG STD WGT AVG CASH % %
OF CURRENT CURRENT CURRENT AVG ORIG REM AVG ORIG OUT FULL OWN % % % %
SEASONING LOANS BALANCE BALANCE BALANCE COUPON TERM TERM AGE CLTV REFI DOC OCC A B C D
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
=< 0 463 45,347,123.82 57.48 97,942 9.426 356 356 0 80.12 72.5 87.2 95.0 70.5 24.7 4.5 0.3
- ------------------------------------------------------------------------------------------------------------------------------------
1 - 12 382 33,434,207.85 42.38 87,524 9.738 357 355 2 78.53 55.9 74.3 91.7 58.6 24.9 14.3 2.1
- ------------------------------------------------------------------------------------------------------------------------------------
13 - 24 2 104,312.42 0.13 52,156 11.837 360 343 17 67.77 51.6 51.6 100.0 0.0 0.0 100.0 0.0
- ------------------------------------------------------------------------------------------------------------------------------------
TOTAL: 847 78,885,644.09 100.00 93,135 9.561 357 356 1 79.43 65.5 81.7 93.6 65.4 24.8 8.8 1.1
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
Minimum: 0
Maximum: 17
Weighted Average: 0.9
<PAGE> 13
12. REMAINING TERM TO STATED MATURITY
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
WGT
% OF WGT AVG WGT %
NUMBER TOTAL TOTAL AVERAGE WGT AVG STD WGT AVG CASH % %
REMAINING TERM OF CURRENT CURRENT CURRENT AVG ORIG REM AVG ORIG OUT FULL OWN
TO STATED MATURITY LOANS BALANCE BALANCE BALANCE COUPON TERM TERM AGE CLTV REFI DOC OCC
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
49 - 60 1 30,383.51 0.04 30,384 8.750 60 60 0 79.96 100.0 100.0 100.0
- ------------------------------------------------------------------------------------------------------------------------------------
169 - 180 11 809,510.58 1.03 73,592 8.615 180 178 2 77.63 93.1 100.0 86.4
- ------------------------------------------------------------------------------------------------------------------------------------
229 - 240 12 848,478.96 1.08 70,707 9.194 240 240 0 79.36 100.0 100.0 100.0
- ------------------------------------------------------------------------------------------------------------------------------------
289 - 300 2 227,717.46 0.29 113,859 7.990 300 300 0 79.46 100.0 100.0 100.0
- ------------------------------------------------------------------------------------------------------------------------------------
337 - 348 2 104,312.42 0.13 52,156 11.837 360 343 17 67.77 51.6 51.6 100.0
- ------------------------------------------------------------------------------------------------------------------------------------
349 - 360 819 76,865,241.16 97.44 93,853 9.577 360 359 1 79.47 64.7 81.3 93.6
- ------------------------------------------------------------------------------------------------------------------------------------
TOTAL: 847 78,885,644.09 100.00 93,135 9.561 357 356 1 79.43 65.5 81.7 93.6
- ------------------------------------------------------------------------------------------------------------------------------------
<CAPTION>
- --------------------------------------------------------
REMAINING TERM % % % %
TO STATED MATURITY A B C D
- --------------------------------------------------------
<S> <C> <C> <C> <C>
49 - 60 100.0 0.0 0.0 0.0
- --------------------------------------------------------
169 - 180 91.3 8.7 0.0 0.0
- --------------------------------------------------------
229 - 240 72.3 25.3 2.3 0.0
- --------------------------------------------------------
289 - 300 100.0 0.0 0.0 0.0
- --------------------------------------------------------
337 - 348 0.0 0.0 100.0 0.0
- --------------------------------------------------------
349 - 360 65.0 25.0 8.8 1.1
- --------------------------------------------------------
TOTAL: 65.4 24.8 8.8 1.1
- --------------------------------------------------------
</TABLE>
Minimum: 60
Maximum: 360
Weighted Average: 355.7
<PAGE> 14
13. YEAR OF ORIGINATION
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
WGT
% OF WGT AVG WGT %
NUMBER TOTAL TOTAL AVERAGE WGT AVG STD WGT AVG CASH % %
OF CURRENT CURRENT CURRENT AVG ORIG REM AVG ORIG OUT FULL OWN
YEAR OF ORIGINATION LOANS BALANCE BALANCE BALANCE COUPON TERM TERM AGE CLTV REFI DOC OCC
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
1997 4 242,494.31 0.31 60,624 11.173 273 261 12 77.31 79.2 70.5 100.0
- ------------------------------------------------------------------------------------------------------------------------------------
1998 843 78,643,149.78 99.69 93,290 9.556 357 356 1 79.44 65.4 81.7 93.6
- ------------------------------------------------------------------------------------------------------------------------------------
TOTAL: 847 78,885,644.09 100.00 93,135 9.561 357 356 1 79.43 65.5 81.7 93.6
- ------------------------------------------------------------------------------------------------------------------------------------
<CAPTION>
- -----------------------------------------------------------
% % % %
YEAR OF ORIGINATION A B C D
- -----------------------------------------------------------
<S> <C> <C> <C> <C>
1997 48.3 0.0 51.7 0.0
- -----------------------------------------------------------
1998 65.4 24.8 8.6 1.1
- -----------------------------------------------------------
TOTAL: 65.4 24.8 8.8 1.1
- -----------------------------------------------------------
</TABLE>
Minimum: 1997-04-01
Maximum: 1998-10-28
<PAGE> 15
14. FIRST PAYMENT DATE
<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------------------------------
WGT
% OF WGT AVG WGT %
FIRST NUMBER TOTAL TOTAL AVERAGE WGT AVG STD WGT AVG CASH % %
PAYMENT OF CURRENT CURRENT CURRENT AVG ORIG REM AVG ORIG OUT FULL OWN
DATE LOANS BALANCE BALANCE BALANCE COUPON TERM TERM AGE CLTV REFI DOC OCC
- -----------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
1997 2 104,312.42 0.13 52,156 11.837 360 343 17 67.77 51.6 51.6 100.0
- -----------------------------------------------------------------------------------------------------------------------------
1998 845 78,781,331.67 99.87 93,232 9.558 357 356 1 79.45 65.5 81.8 93.6
- -----------------------------------------------------------------------------------------------------------------------------
TOTAL: 847 78,885,644.09 100.00 93,135 9.561 357 356 1 79.43 65.5 81.7 93.6
- -----------------------------------------------------------------------------------------------------------------------------
<CAPTION>
- -----------------------------------------------
FIRST
PAYMENT % % % %
DATE A B C D
- -----------------------------------------------
<S> <C> <C> <C> <C>
1997 0.0 0.0 100.0 0.0
- -----------------------------------------------
1998 65.5 24.8 8.6 1.1
- -----------------------------------------------
TOTAL: 65.4 24.8 8.8 1.1
- -----------------------------------------------
</TABLE>
Minimum: 1997-06-01
Maximum: 1998-12-15
<PAGE> 16
15. MATURITY DATE
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
WGT
% OF WGT AVG WGT %
NUMBER TOTAL TOTAL AVERAGE WGT AVG STD WGT AVG CASH % %
MATURITY OF CURRENT CURRENT CURRENT AVG ORIG REM AVG ORIG OUT FULL OWN
DATE LOANS BALANCE BALANCE BALANCE COUPON TERM TERM AGE CLTV REFI DOC OCC
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
2003 1 30,383.51 0.04 30,384 8.750 60 60 0 79.96 100.0 100.0 100.0
- ------------------------------------------------------------------------------------------------------------------------------------
2013 11 809,510.58 1.03 73,592 8.615 180 178 2 77.63 93.1 100.0 86.4
- ------------------------------------------------------------------------------------------------------------------------------------
2018 12 848,478.96 1.08 70,707 9.194 240 240 0 79.36 100.0 100.0 100.0
- ------------------------------------------------------------------------------------------------------------------------------------
2023 2 227,717.46 0.29 113,859 7.990 300 300 0 79.46 100.0 100.0 100.0
- ------------------------------------------------------------------------------------------------------------------------------------
2027 3 125,275.46 0.16 41,758 12.365 360 345 15 66.47 59.7 43.0 100.0
- ------------------------------------------------------------------------------------------------------------------------------------
2028 818 76,844,278.12 97.41 93,942 9.575 360 359 1 79.47 64.7 81.3 93.6
- ------------------------------------------------------------------------------------------------------------------------------------
TOTAL: 847 78,885,644.09 100.00 93,135 9.561 357 356 1 79.43 65.5 81.7 93.6
- ------------------------------------------------------------------------------------------------------------------------------------
<CAPTION>
- ----------------------------------------------
MATURITY % % % %
DATE A B C D
- ----------------------------------------------
<S> <C> <C> <C> <C>
2003 100.0 0.0 0.0 0.0
- ----------------------------------------------
2013 91.3 8.7 0.0 0.0
- ----------------------------------------------
2018 72.3 25.3 2.3 0.0
- ----------------------------------------------
2023 100.0 0.0 0.0 0.0
- ----------------------------------------------
2027 0.0 0.0 100.0 0.0
- ----------------------------------------------
2028 65.0 25.0 8.8 1.1
- ----------------------------------------------
TOTAL: 65.4 24.8 8.8 1.1
- ----------------------------------------------
</TABLE>
Minimum: 2003-10-22
Maximum: 2028-11-15
<PAGE> 17
16. DAYS DELINQUENT
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
WGT
% OF WGT AVG WGT %
NUMBER TOTAL TOTAL AVERAGE WGT AVG STD WGT AVG CASH % %
OF CURRENT CURRENT CURRENT AVG ORIG REM AVG ORIG OUT FULL OWN
DAYS DELINQUENT LOANS BALANCE BALANCE BALANCE COUPON TERM TERM AGE CLTV REFI DOC OCC
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
0 - 29 805 75,772,983.21 96.05 94,128 9.533 356 356 1 79.46 65.8 82.0 94.1
- ------------------------------------------------------------------------------------------------------------------------------------
30 - 59 42 3,112,660.88 3.95 74,111 10.244 360 358 2 78.64 57.3 74.5 82.0
- ------------------------------------------------------------------------------------------------------------------------------------
TOTAL: 847 78,885,644.09 100.00 93,135 9.561 357 356 1 79.43 65.5 81.7 93.6
- ------------------------------------------------------------------------------------------------------------------------------------
<CAPTION>
- -------------------------------------------------------
% % % %
DAYS DELINQUENT A B C D
- -------------------------------------------------------
<S> <C> <C> <C> <C>
0 - 29 66.3 24.3 8.2 1.1
- -------------------------------------------------------
30 - 59 41.7 35.9 22.3 0.0
- -------------------------------------------------------
TOTAL: 65.4 24.8 8.8 1.1
- -------------------------------------------------------
</TABLE>
Minimum: 0
Maximum: 48
Weighted Average: 1.3
<PAGE> 18
17. GEOGRAPHIC DISTRIBUTION BY STATE
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
WGT
% OF WGT AVG WGT %
GEOGRAPHIC NUMBER TOTAL TOTAL AVERAGE WGT AVG STD WGT AVG CASH % %
DISTRIBUTION OF CURRENT CURRENT CURRENT AVG ORIG REM AVG ORIG OUT FULL OWN
BY STATE LOANS BALANCE BALANCE BALANCE COUPON TERM TERM AGE CLTV REFI DOC OCC
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Arizona 29 2,386,271.04 3.02 82,285 9.292 347 346 1 79.23 60.9 81.5 94.9
- ------------------------------------------------------------------------------------------------------------------------------------
Arkansas 1 44,800.00 0.06 44,800 12.300 360 360 0 80.00 0.0 100.0 100.0
- ------------------------------------------------------------------------------------------------------------------------------------
California 76 9,945,902.74 12.61 130,867 8.967 360 359 1 77.52 60.1 82.6 89.3
- ------------------------------------------------------------------------------------------------------------------------------------
Colorado 39 4,093,281.81 5.19 104,956 9.548 360 359 1 81.04 75.9 71.4 91.5
- ------------------------------------------------------------------------------------------------------------------------------------
Connecticut 5 327,083.57 0.41 65,417 11.140 360 357 3 78.20 30.6 62.8 100.0
- ------------------------------------------------------------------------------------------------------------------------------------
Delaware 1 87,712.40 0.11 87,712 10.150 360 359 1 89.96 0.0 100.0 100.0
- ------------------------------------------------------------------------------------------------------------------------------------
Florida 38 3,159,675.66 4.01 83,149 9.802 360 359 1 79.34 45.2 69.0 96.0
- ------------------------------------------------------------------------------------------------------------------------------------
Georgia 17 1,638,972.72 2.08 96,410 9.533 360 360 0 82.30 68.6 86.2 93.3
- ------------------------------------------------------------------------------------------------------------------------------------
Hawaii 1 142,800.00 0.18 142,800 8.990 360 360 0 85.00 100.0 100.0 100.0
- ------------------------------------------------------------------------------------------------------------------------------------
Idaho 11 911,622.55 1.16 82,875 9.888 360 359 1 81.79 69.7 88.5 94.9
- ------------------------------------------------------------------------------------------------------------------------------------
Illinois 60 5,773,184.39 7.32 96,220 9.591 357 356 1 78.37 74.9 82.6 96.9
- ------------------------------------------------------------------------------------------------------------------------------------
Indiana 24 1,956,851.10 2.48 81,535 9.788 349 349 1 82.86 66.1 94.6 91.1
- ------------------------------------------------------------------------------------------------------------------------------------
Iowa 6 389,974.29 0.49 64,996 10.896 360 357 3 75.41 62.1 77.6 100.0
- ------------------------------------------------------------------------------------------------------------------------------------
Kansas 14 956,661.10 1.21 68,333 10.210 360 359 1 81.20 63.1 94.2 84.2
- ------------------------------------------------------------------------------------------------------------------------------------
Kentucky 12 990,381.75 1.26 82,532 9.634 360 359 1 80.88 61.9 100.0 100.0
- ------------------------------------------------------------------------------------------------------------------------------------
Louisiana 4 320,148.57 0.41 80,037 9.259 360 360 0 76.04 74.1 32.1 100.0
- ------------------------------------------------------------------------------------------------------------------------------------
Maine 1 50,219.49 0.06 50,219 8.490 360 359 1 74.95 0.0 0.0 0.0
- ------------------------------------------------------------------------------------------------------------------------------------
Maryland 12 1,233,232.42 1.56 102,769 8.814 341 339 2 78.04 85.8 95.8 95.8
- ------------------------------------------------------------------------------------------------------------------------------------
Massachusetts 16 1,988,109.29 2.52 124,257 9.289 360 359 1 79.48 43.8 57.7 100.0
- ------------------------------------------------------------------------------------------------------------------------------------
Michigan 116 9,652,654.72 12.24 83,213 10.085 359 359 1 79.13 81.0 82.6 97.7
- ------------------------------------------------------------------------------------------------------------------------------------
Minnesota 12 1,061,901.17 1.35 88,492 9.731 360 358 2 75.77 73.5 61.1 84.4
- ------------------------------------------------------------------------------------------------------------------------------------
Missouri 13 982,466.97 1.25 75,574 9.195 360 359 1 81.40 58.2 92.3 100.0
- ------------------------------------------------------------------------------------------------------------------------------------
Nevada 25 2,798,162.43 3.55 111,926 9.744 360 359 1 79.50 37.8 75.9 93.2
- ------------------------------------------------------------------------------------------------------------------------------------
New Hampshire 1 75,961.33 0.10 75,961 9.340 360 359 1 50.64 100.0 0.0 0.0
- ------------------------------------------------------------------------------------------------------------------------------------
New Jersey 14 1,520,934.69 1.93 108,638 9.824 360 359 1 78.48 70.0 39.1 95.0
- ------------------------------------------------------------------------------------------------------------------------------------
New Mexico 8 659,843.17 0.84 82,480 9.514 360 359 1 80.96 89.2 100.0 100.0
- ------------------------------------------------------------------------------------------------------------------------------------
New York 16 1,222,839.28 1.55 76,427 9.987 360 359 1 73.54 83.6 58.8 100.0
- ------------------------------------------------------------------------------------------------------------------------------------
North Carolina 13 885,342.11 1.12 68,103 10.173 360 359 1 79.82 58.2 96.6 100.0
- ------------------------------------------------------------------------------------------------------------------------------------
North Dakota 1 34,000.00 0.04 34,000 9.375 360 360 0 85.00 100.0 100.0 100.0
- ------------------------------------------------------------------------------------------------------------------------------------
Ohio 51 3,370,666.67 4.27 66,092 9.651 360 359 1 81.69 65.9 92.8 83.1
- ------------------------------------------------------------------------------------------------------------------------------------
Oklahoma 8 450,843.18 0.57 56,355 9.304 348 346 1 79.30 64.6 90.8 83.2
- ------------------------------------------------------------------------------------------------------------------------------------
Oregon 24 2,695,729.56 3.42 112,322 9.249 344 344 1 78.53 71.1 92.5 84.9
- ------------------------------------------------------------------------------------------------------------------------------------
Pennsylvania 33 2,629,821.86 3.33 79,692 9.230 343 342 1 77.60 80.4 96.2 96.7
- ------------------------------------------------------------------------------------------------------------------------------------
Rhode Island 8 1,033,524.38 1.31 129,191 10.015 360 360 0 80.31 44.7 100.0 100.0
- ------------------------------------------------------------------------------------------------------------------------------------
South Carolina 12 988,657.84 1.25 82,388 9.662 360 359 1 83.20 34.9 100.0 100.0
- ------------------------------------------------------------------------------------------------------------------------------------
South Dakota 1 48,000.00 0.06 48,000 10.075 360 360 0 73.85 100.0 100.0 100.0
- ------------------------------------------------------------------------------------------------------------------------------------
Tennessee 9 636,399.47 0.81 70,711 9.676 343 343 0 79.86 37.1 91.5 88.7
- ------------------------------------------------------------------------------------------------------------------------------------
Texas 22 1,438,067.08 1.82 65,367 10.490 360 359 1 81.57 22.8 76.3 95.8
- ------------------------------------------------------------------------------------------------------------------------------------
Utah 17 1,985,939.73 2.52 116,820 9.153 354 353 1 81.52 70.3 76.5 100.0
- ------------------------------------------------------------------------------------------------------------------------------------
Virginia 15 1,223,743.30 1.55 81,583 9.525 315 315 1 84.80 88.6 100.0 69.5
- ------------------------------------------------------------------------------------------------------------------------------------
Washington 46 5,612,813.64 7.12 122,018 9.196 360 359 1 79.49 67.7 83.3 95.4
- ------------------------------------------------------------------------------------------------------------------------------------
West Virginia 2 175,250.00 0.22 87,625 9.582 360 360 0 81.58 68.5 100.0 100.0
- ------------------------------------------------------------------------------------------------------------------------------------
Wisconsin 12 1,125,295.15 1.43 93,775 9.986 360 359 1 79.58 48.8 73.7 100.0
- ------------------------------------------------------------------------------------------------------------------------------------
Wyoming 1 179,901.47 0.23 179,901 8.990 360 359 1 79.96 0.0 0.0 100.0
- ------------------------------------------------------------------------------------------------------------------------------------
TOTAL: 847 78,885,644.09 100.00 93,135 9.561 357 356 1 79.43 65.5 81.7 93.6
- ------------------------------------------------------------------------------------------------------------------------------------
<CAPTION>
- ----------------------------------------------------------
GEOGRAPHIC
DISTRIBUTION % % % %
BY STATE A B C D
- --------------------------------------------------------
<S> <C> <C> <C> <C>
Arizona 64.8 32.6 2.6 0.0
- --------------------------------------------------------
Arkansas 0.0 100.0 0.0 0.0
- --------------------------------------------------------
California 75.7 16.8 6.3 1.2
- --------------------------------------------------------
Colorado 71.9 15.8 7.9 4.4
- --------------------------------------------------------
Connecticut 31.4 53.2 15.4 0.0
- --------------------------------------------------------
Delaware 100.0 0.0 0.0 0.0
- --------------------------------------------------------
Florida 51.2 38.4 10.3 0.0
- --------------------------------------------------------
Georgia 55.9 44.1 0.0 0.0
- --------------------------------------------------------
Hawaii 100.0 0.0 0.0 0.0
- --------------------------------------------------------
Idaho 38.1 48.9 13.0 0.0
- --------------------------------------------------------
Illinois 60.7 27.3 12.0 0.0
- --------------------------------------------------------
Indiana 63.4 29.7 6.9 0.0
- --------------------------------------------------------
Iowa 19.8 42.3 37.9 0.0
- --------------------------------------------------------
Kansas 65.6 29.2 5.2 0.0
- --------------------------------------------------------
Kentucky 56.8 8.1 35.0 0.0
- --------------------------------------------------------
Louisiana 87.3 12.7 0.0 0.0
- --------------------------------------------------------
Maine 100.0 0.0 0.0 0.0
- --------------------------------------------------------
Maryland 67.6 14.0 18.4 0.0
- --------------------------------------------------------
Massachusetts 87.3 12.5 0.1 0.0
- --------------------------------------------------------
Michigan 62.6 23.5 14.0 0.0
- --------------------------------------------------------
Minnesota 90.2 0.0 9.8 0.0
- --------------------------------------------------------
Missouri 61.1 26.2 12.7 0.0
- --------------------------------------------------------
Nevada 49.4 39.2 3.1 8.4
- --------------------------------------------------------
New Hampshire 100.0 0.0 0.0 0.0
- --------------------------------------------------------
New Jersey 64.8 30.2 5.0 0.0
- --------------------------------------------------------
New Mexico 75.5 24.5 0.0 0.0
- --------------------------------------------------------
New York 66.3 32.1 1.6 0.0
- --------------------------------------------------------
North Carolina 22.4 61.7 15.9 0.0
- --------------------------------------------------------
North Dakota 0.0 100.0 0.0 0.0
- --------------------------------------------------------
Ohio 59.4 37.3 3.3 0.0
- --------------------------------------------------------
Oklahoma 51.6 31.1 17.4 0.0
- --------------------------------------------------------
Oregon 74.6 17.2 5.5 2.7
- --------------------------------------------------------
Pennsylvania 79.9 9.1 8.6 2.4
- --------------------------------------------------------
Rhode Island 76.3 23.7 0.0 0.0
- --------------------------------------------------------
South Carolina 50.6 37.4 12.0 0.0
- --------------------------------------------------------
South Dakota 0.0 0.0 100.0 0.0
- --------------------------------------------------------
Tennessee 62.4 28.0 9.5 0.0
- --------------------------------------------------------
Texas 54.7 45.3 0.0 0.0
- --------------------------------------------------------
Utah 77.3 12.6 10.1 0.0
- --------------------------------------------------------
Virginia 66.0 24.6 5.7 3.7
- --------------------------------------------------------
Washington 65.1 17.1 15.0 2.8
- --------------------------------------------------------
West Virginia 68.5 31.5 0.0 0.0
- --------------------------------------------------------
Wisconsin 67.5 32.5 0.0 0.0
- --------------------------------------------------------
Wyoming 100.0 0.0 0.0 0.0
- --------------------------------------------------------
TOTAL: 65.4 24.8 8.8 1.1
- --------------------------------------------------------
</TABLE>
<PAGE> 19
18. GEOGRAPHIC DISTRIBUTION BY BALANCE
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------
WGT
% OF WGT AVG WGT %
GEOGRAPHIC NUMBER TOTAL TOTAL AVERAGE WGT AVG STD WGT AVG CASH % %
DISTRIBUTION OF CURRENT CURRENT CURRENT AVG ORIG REM AVG ORIG OUT FULL OWN
BY BALANCE LOANS BALANCE BALANCE BALANCE COUPON TERM TERM AGE CLTV REFI DOC OCC
- ------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
California 76 9,945,902.74 12.61 130,867 8.967 360 359 1 77.52 60.1 82.6 89.3
- ------------------------------------------------------------------------------------------------------------------------------
Michigan 116 9,652,654.72 12.24 83,213 10.085 359 359 1 79.13 81.0 82.6 97.7
- ------------------------------------------------------------------------------------------------------------------------------
Illinois 60 5,773,184.39 7.32 96,220 9.591 357 356 1 78.37 74.9 82.6 96.9
- ------------------------------------------------------------------------------------------------------------------------------
Washington 46 5,612,813.64 7.12 122,018 9.196 360 359 1 79.49 67.7 83.3 95.4
- ------------------------------------------------------------------------------------------------------------------------------
Colorado 39 4,093,281.81 5.19 104,956 9.548 360 359 1 81.04 75.9 71.4 91.5
- ------------------------------------------------------------------------------------------------------------------------------
Ohio 51 3,370,666.67 4.27 66,092 9.651 360 359 1 81.69 65.9 92.8 83.1
- ------------------------------------------------------------------------------------------------------------------------------
Florida 38 3,159,675.66 4.01 83,149 9.802 360 359 1 79.34 45.2 69.0 96.0
- ------------------------------------------------------------------------------------------------------------------------------
Nevada 25 2,798,162.43 3.55 111,926 9.744 360 359 1 79.50 37.8 75.9 93.2
- ------------------------------------------------------------------------------------------------------------------------------
Oregon 24 2,695,729.56 3.42 112,322 9.249 344 344 1 78.53 71.1 92.5 84.9
- ------------------------------------------------------------------------------------------------------------------------------
Pennsylvania 33 2,629,821.86 3.33 79,692 9.230 343 342 1 77.60 80.4 96.2 96.7
- ------------------------------------------------------------------------------------------------------------------------------
Arizona 29 2,386,271.04 3.02 82,285 9.292 347 346 1 79.23 60.9 81.5 94.9
- ------------------------------------------------------------------------------------------------------------------------------
Massachusetts 16 1,988,109.29 2.52 124,257 9.289 360 359 1 79.48 43.8 57.7 100.0
- ------------------------------------------------------------------------------------------------------------------------------
Utah 17 1,985,939.73 2.52 116,820 9.153 354 353 1 81.52 70.3 76.5 100.0
- ------------------------------------------------------------------------------------------------------------------------------
Indiana 24 1,956,851.10 2.48 81,535 9.788 349 349 1 82.86 66.1 94.6 91.1
- ------------------------------------------------------------------------------------------------------------------------------
Georgia 17 1,638,972.72 2.08 96,410 9.533 360 360 0 82.30 68.6 86.2 93.3
- ------------------------------------------------------------------------------------------------------------------------------
New Jersey 14 1,520,934.69 1.93 108,638 9.824 360 359 1 78.48 70.0 39.1 95.0
- ------------------------------------------------------------------------------------------------------------------------------
Texas 22 1,438,067.08 1.82 65,367 10.490 360 359 1 81.57 22.8 76.3 95.8
- ------------------------------------------------------------------------------------------------------------------------------
Maryland 12 1,233,232.42 1.56 102,769 8.814 341 339 2 78.04 85.8 95.8 95.8
- ------------------------------------------------------------------------------------------------------------------------------
Virginia 15 1,223,743.30 1.55 81,583 9.525 315 315 1 84.80 88.6 100.0 69.5
- ------------------------------------------------------------------------------------------------------------------------------
New York 16 1,222,839.28 1.55 76,427 9.987 360 359 1 73.54 83.6 58.8 100.0
- ------------------------------------------------------------------------------------------------------------------------------
Wisconsin 12 1,125,295.15 1.43 93,775 9.986 360 359 1 79.58 48.8 73.7 100.0
- ------------------------------------------------------------------------------------------------------------------------------
Minnesota 12 1,061,901.17 1.35 88,492 9.731 360 358 2 75.77 73.5 61.1 84.4
- ------------------------------------------------------------------------------------------------------------------------------
Rhode Island 8 1,033,524.38 1.31 129,191 10.015 360 360 0 80.31 44.7 100.0 100.0
- ------------------------------------------------------------------------------------------------------------------------------
Kentucky 12 990,381.75 1.26 82,532 9.634 360 359 1 80.88 61.9 100.0 100.0
- ------------------------------------------------------------------------------------------------------------------------------
South Carolina 12 988,657.84 1.25 82,388 9.662 360 359 1 83.20 34.9 100.0 100.0
- ------------------------------------------------------------------------------------------------------------------------------
Missouri 13 982,466.97 1.25 75,574 9.195 360 359 1 81.40 58.2 92.3 100.0
- ------------------------------------------------------------------------------------------------------------------------------
Kansas 14 956,661.10 1.21 68,333 10.210 360 359 1 81.20 63.1 94.2 84.2
- ------------------------------------------------------------------------------------------------------------------------------
Idaho 11 911,622.55 1.16 82,875 9.888 360 359 1 81.79 69.7 88.5 94.9
- ------------------------------------------------------------------------------------------------------------------------------
North Carolina 13 885,342.11 1.12 68,103 10.173 360 359 1 79.82 58.2 96.6 100.0
- ------------------------------------------------------------------------------------------------------------------------------
New Mexico 8 659,843.17 0.84 82,480 9.514 360 359 1 80.96 89.2 100.0 100.0
- ------------------------------------------------------------------------------------------------------------------------------
Tennessee 9 636,399.47 0.81 70,711 9.676 343 343 0 79.86 37.1 91.5 88.7
- ------------------------------------------------------------------------------------------------------------------------------
Oklahoma 8 450,843.18 0.57 56,355 9.304 348 346 1 79.30 64.6 90.8 83.2
- ------------------------------------------------------------------------------------------------------------------------------
Iowa 6 389,974.29 0.49 64,996 10.896 360 357 3 75.41 62.1 77.6 100.0
- ------------------------------------------------------------------------------------------------------------------------------
Connecticut 5 327,083.57 0.41 65,417 11.140 360 357 3 78.20 30.6 62.8 100.0
- ------------------------------------------------------------------------------------------------------------------------------
Louisiana 4 320,148.57 0.41 80,037 9.259 360 360 0 76.04 74.1 32.1 100.0
- ------------------------------------------------------------------------------------------------------------------------------
Wyoming 1 179,901.47 0.23 179,901 8.990 360 359 1 79.96 0.0 0.0 100.0
- ------------------------------------------------------------------------------------------------------------------------------
West Virginia 2 175,250.00 0.22 87,625 9.582 360 360 0 81.58 68.5 100.0 100.0
- ------------------------------------------------------------------------------------------------------------------------------
Hawaii 1 142,800.00 0.18 142,800 8.990 360 360 0 85.00 100.0 100.0 100.0
- ------------------------------------------------------------------------------------------------------------------------------
Delaware 1 87,712.40 0.11 87,712 10.150 360 359 1 89.96 0.0 100.0 100.0
- ------------------------------------------------------------------------------------------------------------------------------
New Hampshire 1 75,961.33 0.10 75,961 9.340 360 359 1 50.64 100.0 0.0 0.0
- ------------------------------------------------------------------------------------------------------------------------------
Maine 1 50,219.49 0.06 50,219 8.490 360 359 1 74.95 0.0 0.0 0.0
- ------------------------------------------------------------------------------------------------------------------------------
South Dakota 1 48,000.00 0.06 48,000 10.075 360 360 0 73.85 100.0 100.0 100.0
- ------------------------------------------------------------------------------------------------------------------------------
Arkansas 1 44,800.00 0.06 44,800 12.300 360 360 0 80.00 0.0 100.0 100.0
- ------------------------------------------------------------------------------------------------------------------------------
North Dakota 1 34,000.00 0.04 34,000 9.375 360 360 0 85.00 100.0 100.0 100.0
- ------------------------------------------------------------------------------------------------------------------------------
TOTAL: 847 78,885,644.09 100.00 93,135 9.561 357 356 1 79.43 65.5 81.7 93.6
- ------------------------------------------------------------------------------------------------------------------------------
<CAPTION>
- ---------------------------------------------------
GEOGRAPHIC
DISTRIBUTION % % % %
BY BALANCE A B C D
- ---------------------------------------------------
<S> <C> <C> <C> <C>
California 75.7 16.8 6.3 1.2
- ---------------------------------------------------
Michigan 62.6 23.5 14.0 0.0
- ---------------------------------------------------
Illinois 60.7 27.3 12.0 0.0
- ---------------------------------------------------
Washington 65.1 17.1 15.0 2.8
- ---------------------------------------------------
Colorado 71.9 15.8 7.9 4.4
- ---------------------------------------------------
Ohio 59.4 37.3 3.3 0.0
- ---------------------------------------------------
Florida 51.2 38.4 10.3 0.0
- ---------------------------------------------------
Nevada 49.4 39.2 3.1 8.4
- ---------------------------------------------------
Oregon 74.6 17.2 5.5 2.7
- ---------------------------------------------------
Pennsylvania 79.9 9.1 8.6 2.4
- ---------------------------------------------------
Arizona 64.8 32.6 2.6 0.0
- ---------------------------------------------------
Massachusetts 87.3 12.5 0.1 0.0
- ---------------------------------------------------
Utah 77.3 12.6 10.1 0.0
- ---------------------------------------------------
Indiana 63.4 29.7 6.9 0.0
- ---------------------------------------------------
Georgia 55.9 44.1 0.0 0.0
- ---------------------------------------------------
New Jersey 64.8 30.2 5.0 0.0
- ---------------------------------------------------
Texas 54.7 45.3 0.0 0.0
- ---------------------------------------------------
Maryland 67.6 14.0 18.4 0.0
- ---------------------------------------------------
Virginia 66.0 24.6 5.7 3.7
- ---------------------------------------------------
New York 66.3 32.1 1.6 0.0
- ---------------------------------------------------
Wisconsin 67.5 32.5 0.0 0.0
- ---------------------------------------------------
Minnesota 90.2 0.0 9.8 0.0
- ---------------------------------------------------
Rhode Island 76.3 23.7 0.0 0.0
- ---------------------------------------------------
Kentucky 56.8 8.1 35.0 0.0
- ---------------------------------------------------
South Carolina 50.6 37.4 12.0 0.0
- ---------------------------------------------------
Missouri 61.1 26.2 12.7 0.0
- ---------------------------------------------------
Kansas 65.6 29.2 5.2 0.0
- ---------------------------------------------------
Idaho 38.1 48.9 13.0 0.0
- ---------------------------------------------------
North Carolina 22.4 61.7 15.9 0.0
- ---------------------------------------------------
New Mexico 75.5 24.5 0.0 0.0
- ---------------------------------------------------
Tennessee 62.4 28.0 9.5 0.0
- ---------------------------------------------------
Oklahoma 51.6 31.1 17.4 0.0
- ---------------------------------------------------
Iowa 19.8 42.3 37.9 0.0
- ---------------------------------------------------
Connecticut 31.4 53.2 15.4 0.0
- ---------------------------------------------------
Louisiana 87.3 12.7 0.0 0.0
- ---------------------------------------------------
Wyoming 100.0 0.0 0.0 0.0
- ---------------------------------------------------
West Virginia 68.5 31.5 0.0 0.0
- ---------------------------------------------------
Hawaii 100.0 0.0 0.0 0.0
- ---------------------------------------------------
Delaware 100.0 0.0 0.0 0.0
- ---------------------------------------------------
New Hampshire 100.0 0.0 0.0 0.0
- ---------------------------------------------------
Maine 100.0 0.0 0.0 0.0
- ---------------------------------------------------
South Dakota 0.0 0.0 100.0 0.0
- ---------------------------------------------------
Arkansas 0.0 100.0 0.0 0.0
- ---------------------------------------------------
North Dakota 0.0 100.0 0.0 0.0
- ---------------------------------------------------
TOTAL: 65.4 24.8 8.8 1.1
- ---------------------------------------------------
</TABLE>
<PAGE> 20
19. 10 ZIP CODE CONCENTRATIONS
<TABLE>
<CAPTION>
- ---------------------------------------------------------------------------------------------------------------
WGT
% OF WGT AVG WGT %
10 NUMBER TOTAL TOTAL AVERAGE WGT AVG STD WGT AVG CASH % %
ZIP CODE OF CURRENT CURRENT CURRENT AVG ORIG REM AVG ORIG OUT FULL OWN
CONCENTRATIONS LOANS BALANCE BALANCE BALANCE COUPON TERM TERM AGE CLTV REFI DOC OCC
- ---------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
95116 3 617,192.92 0.78 205,731 8.868 360 360 0 76.91 100.0 100.0 100.0
- ---------------------------------------------------------------------------------------------------------------
48126 5 518,562.13 0.66 103,712 9.818 360 360 0 81.11 46.9 100.0 100.0
- ---------------------------------------------------------------------------------------------------------------
89014 4 484,975.00 0.61 121,244 9.911 360 360 0 77.06 11.5 81.5 100.0
- ---------------------------------------------------------------------------------------------------------------
90250 2 335,873.98 0.43 167,937 8.687 360 359 1 80.00 38.1 100.0 61.9
- ---------------------------------------------------------------------------------------------------------------
2472 1 322,793.95 0.41 322,794 10.380 360 359 1 84.95 0.0 0.0 100.0
- ---------------------------------------------------------------------------------------------------------------
98203 2 313,071.81 0.40 156,536 9.437 360 360 0 84.65 46.5 100.0 100.0
- ---------------------------------------------------------------------------------------------------------------
49684 2 282,640.94 0.36 141,320 10.348 360 358 2 84.05 0.0 65.1 100.0
- ---------------------------------------------------------------------------------------------------------------
60629 3 268,816.94 0.34 89,606 9.514 305 304 1 77.89 100.0 100.0 100.0
- ---------------------------------------------------------------------------------------------------------------
1757 2 266,598.75 0.34 133,299 10.856 360 359 1 89.95 0.0 100.0 100.0
- ---------------------------------------------------------------------------------------------------------------
98513 2 248,923.30 0.32 124,462 8.552 360 359 1 80.33 100.0 100.0 100.0
- ---------------------------------------------------------------------------------------------------------------
Other 821 75,226,194.37 95.36 91,628 9.560 357 356 1 79.36 66.4 81.5 93.4
- ---------------------------------------------------------------------------------------------------------------
TOTAL: 847 78,885,644.09 100.00 93,135 9.561 357 356 1 79.43 65.5 81.7 93.6
- ---------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
- -----------------------------------------
10
ZIP CODE % % % %
CONCENTRATIONS A B C D
- -----------------------------------------
<S> <C> <C> <C> <C>
95116 69.9 30.1 0.0 0.0
- -----------------------------------------
48126 17.2 48.2 34.5 0.0
- -----------------------------------------
89014 65.0 35.0 0.0 0.0
- -----------------------------------------
90250 38.1 61.9 0.0 0.0
- -----------------------------------------
2472 100.0 0.0 0.0 0.0
- -----------------------------------------
98203 100.0 0.0 0.0 0.0
- -----------------------------------------
49684 100.0 0.0 0.0 0.0
- -----------------------------------------
60629 30.6 28.6 40.8 0.0
- -----------------------------------------
1757 100.0 0.0 0.0 0.0
- -----------------------------------------
98513 100.0 0.0 0.0 0.0
- -----------------------------------------
Other 65.3 24.8 8.8 1.2
- -----------------------------------------
TOTAL: 65.4 24.8 8.8 1.1
- -----------------------------------------
</TABLE>
<PAGE> 21
20. PROPERTY TYPE
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------
WGT
% OF WGT AVG WGT %
NUMBER TOTAL TOTAL AVERAGE WGT AVG STD WGT AVG CASH % %
OF CURRENT CURRENT CURRENT AVG ORIG REM AVG ORIG OUT FULL OWN
PROPERTY TYPE LOANS BALANCE BALANCE BALANCE COUPON TERM TERM AGE CLTV REFI DOC OCC
- ------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Single Family Residence 720 67,535,622.67 85.61 93,799 9.525 356 355 1 79.37 66.9 82.9 94.8
- ------------------------------------------------------------------------------------------------------------------
2 Family 35 3,303,830.12 4.19 94,395 10.077 360 359 1 79.45 52.1 66.5 73.8
- ------------------------------------------------------------------------------------------------------------------
Condo 29 2,639,204.20 3.35 91,007 9.583 357 356 1 79.91 61.6 73.7 90.2
- ------------------------------------------------------------------------------------------------------------------
Manufactured Housing,
Prefabricted 30 2,434,424.89 3.09 81,147 9.973 356 355 1 80.47 67.1 89.2 91.2
- ------------------------------------------------------------------------------------------------------------------
Townhouse 22 1,712,984.14 2.17 77,863 9.508 360 359 1 82.33 39.3 94.8 94.9
- ------------------------------------------------------------------------------------------------------------------
3-4 Family 11 1,259,578.07 1.60 114,507 9.361 360 359 1 75.66 64.4 40.4 92.6
- ------------------------------------------------------------------------------------------------------------------
TOTAL: 847 78,885,644.09 100.00 93,135 9.561 357 356 1 79.43 65.5 81.7 93.6
- ------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
- ----------------------------------------------
% % % %
PROPERTY TYPE A B C D
- ----------------------------------------------
<S> <C> <C> <C> <C>
Single Family Residence 64.8 24.6 9.5 1.1
- ----------------------------------------------
2 Family 74.1 18.6 7.3 0.0
- ----------------------------------------------
Condo 71.7 23.5 2.6 2.1
- ----------------------------------------------
Manufactured Housing,
Prefabricted 42.1 49.6 5.4 3.0
- ----------------------------------------------
Townhouse 69.0 28.8 2.2 0.0
- ----------------------------------------------
3-4 Family 100.0 0.0 0.0 0.0
- ----------------------------------------------
TOTAL: 65.4 24.8 8.8 1.1
- ----------------------------------------------
</TABLE>
<PAGE> 22
21. OCCUPANCY
<TABLE>
<CAPTION>
- ----------------------------------------------------------------------------------------------------------------------------
WGT
% OF WGT AVG WGT %
NUMBER TOTAL TOTAL AVERAGE WGT AVG STD WGT AVG CASH % %
OF CURRENT CURRENT CURRENT AVG ORIG REM AVG ORIG OUT FULL OWN % % % %
OCCUPANCY LOANS BALANCE BALANCE BALANCE COUPON TERM TERM AGE CLTV REFI DOC OCC A B C D
- ----------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Primary 773 73,826,973.57 93.59 95,507 9.552 357 356 1 79.69 66.1 81.9 100.0 63.9 26.2 9.0 1.0
- ----------------------------------------------------------------------------------------------------------------------------
Investment 74 5,058,670.52 6.41 68,360 9.692 356 355 1 75.68 56.4 78.3 0.0 87.5 4.0 6.0 2.4
- ----------------------------------------------------------------------------------------------------------------------------
TOTAL: 847 78,885,644.09 100.00 93,135 9.561 357 356 1 79.43 65.5 81.7 93.6 65.4 24.8 8.8 1.1
- ----------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 23
22. PURPOSE
<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------------------
WGT
% OF WGT AVG WGT %
NUMBER TOTAL TOTAL AVERAGE WGT AVG STD WGT AVG CASH % %
OF CURRENT CURRENT CURRENT AVG ORIG REM AVG ORIG OUT FULL OWN
PURPOSE LOANS BALANCE BALANCE BALANCE COUPON TERM TERM AGE CLTV REFI DOC OCC
- -----------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Refinance - Cashout 552 51,650,439.58 65.48 93,570 9.442 355 354 1 78.72 100.0 85.0 94.5
- -----------------------------------------------------------------------------------------------------------------
Purchase 192 17,835,858.89 22.61 92,895 9.856 360 359 1 82.24 0.0 75.5 91.8
- -----------------------------------------------------------------------------------------------------------------
Refinance - Rate Term 103 9,399,345.62 11.92 91,256 9.655 359 358 1 78.01 0.0 75.4 92.1
- -----------------------------------------------------------------------------------------------------------------
TOTAL: 847 78,885,644.09 100.00 93,135 9.561 357 356 1 79.43 65.5 81.7 93.6
- -----------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
- ----------------------------------------------
% % % %
PURPOSE A B C D
- ----------------------------------------------
<S> <C> <C> <C> <C>
Refinance - Cashout 66.3 24.9 7.9 0.9
- ----------------------------------------------
Purchase 66.7 23.3 7.7 2.3
- ----------------------------------------------
Refinance - Rate Term 57.5 27.0 15.5 0.0
- ----------------------------------------------
TOTAL: 65.4 24.8 8.8 1.1
- ----------------------------------------------
</TABLE>
<PAGE> 24
23. DOCUMENTATION LEVEL
<TABLE>
<CAPTION>
- ----------------------------------------------------------------------------------------------------------------------
WGT
% OF WGT AVG WGT %
NUMBER TOTAL TOTAL AVERAGE WGT AVG STD WGT AVG CASH % %
OF CURRENT CURRENT CURRENT AVG ORIG REM AVG ORIG OUT FULL OWN
DOCUMENTATION LEVEL LOANS BALANCE BALANCE BALANCE COUPON TERM TERM AGE CLTV REFI DOC OCC
- ----------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Full Doc -Asset and Income 704 64,459,887.58 81.71 91,562 9.496 356 355 1 80.19 68.1 100.0 93.9
- ----------------------------------------------------------------------------------------------------------------------
No Income Verifier 104 10,272,061.83 13.02 98,770 9.859 360 359 1 75.22 54.8 0.0 90.6
- ----------------------------------------------------------------------------------------------------------------------
No Income Qualifier 39 4,153,694.68 5.27 106,505 9.836 360 358 2 78.01 51.1 0.0 96.7
- ----------------------------------------------------------------------------------------------------------------------
TOTAL: 847 78,885,644.09 100.00 93,135 9.561 357 356 1 79.43 65.5 81.7 93.6
- ----------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
- --------------------------------------------------
% % % %
DOCUMENTATION LEVEL A B C D
- --------------------------------------------------
<S> <C> <C> <C> <C>
Full Doc -Asset and Income 63.6 25.2 9.9 1.3
- --------------------------------------------------
No Income Verifier 71.9 24.1 4.0 0.0
- --------------------------------------------------
No Income Qualifier 76.0 20.2 3.8 0.0
- --------------------------------------------------
TOTAL: 65.4 24.8 8.8 1.1
- --------------------------------------------------
</TABLE>
<PAGE> 25
24. LIEN POSITION
<TABLE>
<CAPTION>
- -------------------------------------------------------------------------------------------------------------------------
WGT
% OF WGT AVG WGT %
NUMBER TOTAL TOTAL AVERAGE WGT AVG STD WGT AVG CASH % %
LIEN OF CURRENT CURRENT CURRENT AVG ORIG REM AVG ORIG OUT FULL OWN % % % %
POSITION LOANS BALANCE BALANCE BALANCE COUPON TERM TERM AGE CLTV REFI DOC OCC A B C D
- -------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
1st Lien 847 78,885,644.09 100.00 93,135 9.561 357 356 1 79.43 65.5 81.7 93.6 65.4 24.8 8.8 1.1
- -------------------------------------------------------------------------------------------------------------------------
TOTAL: 847 78,885,644.09 100.00 93,135 9.561 357 356 1 79.43 65.5 81.7 93.6 65.4 24.8 8.8 1.1
- -------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 26
25. BACK RATIO
<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------------
WGT
% OF WGT AVG WGT %
NUMBER TOTAL TOTAL AVERAGE WGT AVG STD WGT AVG CASH % %
BACK OF CURRENT CURRENT CURRENT AVG ORIG REM AVG ORIG OUT FULL OWN
RATIO LOANS BALANCE BALANCE BALANCE COUPON TERM TERM AGE CLTV REFI DOC OCC
- -----------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
0.01 - 5.00 2 158,632.08 0.20 79,316 9.273 360 359 1 70.62 100.0 100.0 78.8
- -----------------------------------------------------------------------------------------------------------
5.01 - 10.00 7 365,778.26 0.46 52,254 9.620 326 325 2 80.40 73.7 68.0 79.5
- -----------------------------------------------------------------------------------------------------------
10.01 - 15.00 7 634,769.01 0.80 90,681 9.931 360 358 2 82.98 69.5 79.0 100.0
- -----------------------------------------------------------------------------------------------------------
15.01 - 20.00 26 1,727,030.12 2.19 66,424 9.422 350 349 1 72.39 80.3 72.1 94.3
- -----------------------------------------------------------------------------------------------------------
20.01 - 25.00 50 3,879,088.53 4.92 77,582 9.330 357 356 1 78.16 61.1 79.4 88.4
- -----------------------------------------------------------------------------------------------------------
25.01 - 30.00 73 6,070,742.21 7.70 83,161 9.642 352 351 1 77.96 61.9 76.2 92.0
- -----------------------------------------------------------------------------------------------------------
30.01 - 35.00 100 8,786,511.03 11.14 87,865 9.683 358 357 1 80.25 67.3 85.0 94.0
- -----------------------------------------------------------------------------------------------------------
35.01 - 40.00 143 13,507,586.90 17.12 94,459 9.821 360 359 1 78.61 62.9 74.5 96.0
- -----------------------------------------------------------------------------------------------------------
40.01 - 45.00 165 16,562,359.93 21.00 100,378 9.566 355 354 1 80.17 64.1 79.5 93.4
- -----------------------------------------------------------------------------------------------------------
45.01 - 50.00 142 13,260,902.89 16.81 93,387 9.492 359 358 1 80.89 54.6 84.4 93.3
- -----------------------------------------------------------------------------------------------------------
50.01 - 55.00 84 8,489,092.88 10.76 101,061 9.323 357 356 1 78.84 75.4 88.9 95.1
- -----------------------------------------------------------------------------------------------------------
55.01 - 60.00 26 2,650,389.10 3.36 101,938 9.417 353 352 1 77.21 73.3 94.7 92.4
- -----------------------------------------------------------------------------------------------------------
60.01 - 65.00 11 1,255,789.15 1.59 114,163 9.132 351 351 0 81.56 88.8 88.8 100.0
- -----------------------------------------------------------------------------------------------------------
65.01 - 70.00 4 535,414.45 0.68 133,854 9.099 360 360 0 78.79 100.0 100.0 100.0
- -----------------------------------------------------------------------------------------------------------
70.01 - 75.00 4 462,130.00 0.59 115,533 9.299 360 360 0 84.95 100.0 100.0 46.9
- -----------------------------------------------------------------------------------------------------------
75.01 - 80.00 2 344,030.71 0.44 172,015 9.448 360 360 0 85.00 100.0 100.0 100.0
- -----------------------------------------------------------------------------------------------------------
90.01 - 95.00 1 195,396.84 0.25 195,397 9.750 360 360 0 84.96 100.0 100.0 100.0
- -----------------------------------------------------------------------------------------------------------
TOTAL: 847 78,885,644.09 100.00 93,135 9.561 357 356 1 79.43 65.5 81.7 93.6
- -----------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
- -----------------------------------------
BACK % % % %
RATIO A B C D
- -----------------------------------------
<S> <C> <C> <C> <C>
0.01 - 5.00 100.0 0.0 0.0 0.0
- -----------------------------------------
5.01 - 10.00 94.3 0.0 5.7 0.0
- -----------------------------------------
10.01 - 15.00 75.4 9.4 0.0 15.1
- -----------------------------------------
15.01 - 20.00 77.4 12.5 10.1 0.0
- -----------------------------------------
20.01 - 25.00 67.0 25.0 4.8 3.2
- -----------------------------------------
25.01 - 30.00 64.4 23.3 8.8 3.6
- -----------------------------------------
30.01 - 35.00 59.9 31.1 9.0 0.0
- -----------------------------------------
35.01 - 40.00 54.6 34.2 10.3 1.0
- -----------------------------------------
40.01 - 45.00 68.3 21.2 9.1 1.4
- -----------------------------------------
45.01 - 50.00 73.9 20.8 4.8 0.4
- -----------------------------------------
50.01 - 55.00 63.7 22.1 14.2 0.0
- -----------------------------------------
55.01 - 60.00 60.0 22.4 17.6 0.0
- -----------------------------------------
60.01 - 65.00 63.3 36.7 0.0 0.0
- -----------------------------------------
65.01 - 70.00 100.0 0.0 0.0 0.0
- -----------------------------------------
70.01 - 75.00 100.0 0.0 0.0 0.0
- -----------------------------------------
75.01 - 80.00 60.5 39.5 0.0 0.0
- -----------------------------------------
90.01 - 95.00 0.0 100.0 0.0 0.0
- -----------------------------------------
TOTAL: 65.4 24.8 8.8 1.1
- -----------------------------------------
</TABLE>
Minimum: 2.00
Maximum: 95.00
Weighted Average: 41.18
<PAGE> 27
26. ORIGINAL FICO SCORE
<TABLE>
<CAPTION>
- ----------------------------------------------------------------------------------------------------------------------------------
WGT
% OF WGT AVG WGT %
NUMBER TOTAL TOTAL AVERAGE WGT AVG STD WGT AVG CASH % %
ORIGINAL OF CURRENT CURRENT CURRENT AVG ORIG REM AVG ORIG OUT FULL OWN % % % %
FICO SCORE LOANS BALANCE BALANCE BALANCE COUPON TERM TERM AGE CLTV REFI DOC OCC A B C D
- ----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
=< 0 60 4,975,798.89 6.31 82,930 10.218 360 359 1 78.24 60.0 59.6 95.1 57.2 25.0 17.8 0.0
- ----------------------------------------------------------------------------------------------------------------------------------
426 - 450 1 77,386.79 0.10 77,387 8.990 360 358 2 80.00 100.0 100.0 100.0 100.0 0.0 0.0 0.0
- ----------------------------------------------------------------------------------------------------------------------------------
451 - 475 5 562,686.70 0.71 112,537 9.884 360 357 3 78.84 66.7 48.0 100.0 54.8 18.6 26.6 0.0
- ----------------------------------------------------------------------------------------------------------------------------------
476 - 500 30 2,843,115.36 3.60 94,771 10.191 360 359 1 80.41 79.8 84.1 100.0 23.6 65.3 11.1 0.0
- ----------------------------------------------------------------------------------------------------------------------------------
501 - 525 60 5,475,126.96 6.94 91,252 10.204 360 359 1 80.06 77.2 85.8 97.4 29.7 51.2 19.1 0.0
- ----------------------------------------------------------------------------------------------------------------------------------
526 - 550 95 8,653,912.15 10.97 91,094 9.867 359 357 1 77.42 62.9 83.2 97.3 32.0 40.9 22.2 4.9
- ----------------------------------------------------------------------------------------------------------------------------------
551 - 575 119 10,678,175.98 13.54 89,733 9.709 359 358 1 79.63 68.1 85.6 94.1 57.1 32.6 8.7 1.6
- ----------------------------------------------------------------------------------------------------------------------------------
576 - 600 129 12,481,191.96 15.82 96,753 9.609 354 353 1 80.20 61.4 88.0 94.2 67.7 25.8 6.4 0.0
- ----------------------------------------------------------------------------------------------------------------------------------
601 - 625 116 10,853,085.78 13.76 93,561 9.262 356 355 1 80.06 60.9 84.7 95.3 80.4 17.9 1.7 0.0
- ----------------------------------------------------------------------------------------------------------------------------------
626 - 650 103 9,145,203.15 11.59 88,788 9.037 350 349 1 79.02 73.2 87.7 93.6 89.9 9.2 0.9 0.0
- ----------------------------------------------------------------------------------------------------------------------------------
651 - 675 66 6,537,685.42 8.29 99,056 9.319 357 356 1 79.86 65.0 77.2 85.7 86.8 5.8 7.4 0.0
- ----------------------------------------------------------------------------------------------------------------------------------
676 - 700 32 3,301,817.86 4.19 103,182 9.169 356 356 1 80.96 57.9 73.9 86.1 90.9 0.7 0.0 8.4
- ----------------------------------------------------------------------------------------------------------------------------------
701 - 725 11 1,143,029.28 1.45 103,912 8.784 360 359 1 80.28 33.4 56.2 61.8 95.5 0.0 4.5 0.0
- ----------------------------------------------------------------------------------------------------------------------------------
726 - 750 8 1,013,903.52 1.29 126,738 8.803 360 358 2 77.95 66.0 47.8 95.0 100.0 0.0 0.0 0.0
- ----------------------------------------------------------------------------------------------------------------------------------
751 - 775 6 753,572.56 0.96 125,595 8.471 360 357 3 72.83 74.9 68.7 100.0 100.0 0.0 0.0 0.0
- ----------------------------------------------------------------------------------------------------------------------------------
776 - 800 4 258,382.94 0.33 64,596 9.082 360 359 1 78.98 75.3 100.0 55.9 64.8 35.2 0.0 0.0
- ----------------------------------------------------------------------------------------------------------------------------------
801 - 825 1 61,200.00 0.08 61,200 8.500 360 360 0 85.00 100.0 100.0 100.0 100.0 0.0 0.0 0.0
- ----------------------------------------------------------------------------------------------------------------------------------
901 - 925 1 70,368.79 0.09 70,369 9.990 360 360 0 80.00 0.0 100.0 100.0 0.0 0.0 100.0 0.0
- ----------------------------------------------------------------------------------------------------------------------------------
TOTAL: 847 78,885,644.09 100.00 93,135 9.561 357 356 1 79.43 65.5 81.7 93.6 65.4 24.8 8.8 1.1
- ----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
Minimum: 441
Maximum: 902
Weighted Average: 596.2
<PAGE> 28
27. CREDIT GRADE
<TABLE>
<CAPTION>
- ----------------------------------------------------------------------------------------------------------------------------------
WGT
% OF WGT AVG WGT %
NUMBER TOTAL TOTAL AVERAGE WGT AVG STD WGT AVG CASH % %
CREDIT OF CURRENT CURRENT CURRENT AVG ORIG REM AVG ORIG OUT FULL OWN % % % %
GRADE LOANS BALANCE BALANCE BALANCE COUPON TERM TERM AGE CLTV REFI DOC OCC A B C D
- ----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
A 281 25,487,353.31 32.31 90,702 9.061 353 352 1 80.33 69.7 82.3 91.4 100.0 0.0 0.0 0.0
- ----------------------------------------------------------------------------------------------------------------------------------
A- 137 14,956,698.71 18.96 109,173 9.463 357 356 1 80.39 58.2 80.1 92.8 100.0 0.0 0.0 0.0
- ----------------------------------------------------------------------------------------------------------------------------------
A+ 101 11,012,092.38 13.96 109,031 8.954 360 359 1 79.21 69.8 72.4 89.5 100.0 0.0 0.0 0.0
- ----------------------------------------------------------------------------------------------------------------------------------
A++ 1 114,750.00 0.15 114,750 7.250 360 360 0 85.00 100.0 100.0 100.0 100.0 0.0 0.0 0.0
- ----------------------------------------------------------------------------------------------------------------------------------
B 227 19,531,195.62 24.76 86,041 10.127 358 357 1 79.65 65.7 83.0 99.0 0.0 100.0 0.0 0.0
- ----------------------------------------------------------------------------------------------------------------------------------
C 32 2,573,599.10 3.26 80,425 10.280 359 358 1 75.19 59.1 85.0 95.3 0.0 0.0 100.0 0.0
- ----------------------------------------------------------------------------------------------------------------------------------
C- 59 4,343,137.38 5.51 73,612 11.271 360 358 2 72.77 59.2 95.9 95.8 0.0 0.0 100.0 0.0
- ----------------------------------------------------------------------------------------------------------------------------------
D 9 866,817.59 1.10 96,313 10.527 360 359 1 79.54 52.5 100.0 85.8 0.0 0.0 0.0 100.0
- ----------------------------------------------------------------------------------------------------------------------------------
TOTAL: 847 78,885,644.09 100.00 93,135 9.561 357 356 1 79.43 65.5 81.7 93.6 65.4 24.8 8.8 1.1
- ----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 29
28. NEGATIVE AMORTIZATION
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
WGT
% OF WGT AVG WGT %
NUMBER TOTAL TOTAL AVERAGE WGT AVG STD WGT AVG CASH % %
OF CURRENT CURRENT CURRENT AVG ORIG REM AVG ORIG OUT FULL OWN
NEGATIVE AMORTIZATION LOANS BALANCE BALANCE BALANCE COUPON TERM TERM AGE CLTV REFI DOC OCC
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Non Negam 847 78,885,644.09 100.00 93,135 9.561 357 356 1 79.43 65.5 81.7 93.6
- ------------------------------------------------------------------------------------------------------------------------------------
TOTAL: 847 78,885,644.09 100.00 93,135 9.561 357 356 1 79.43 65.5 81.7 93.6
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
- -----------------------------------------------------
% % % %
NEGATIVE AMORTIZATION A B C D
- -----------------------------------------------------
<S> <C> <C> <C> <C>
Non Negam 65.4 24.8 8.8 1.1
- -----------------------------------------------------
TOTAL: 65.4 24.8 8.8 1.1
- -----------------------------------------------------
</TABLE>
<PAGE> 30
29. PREPAYMENT PENALTY
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
WGT
% OF WGT AVG WGT %
NUMBER TOTAL TOTAL AVERAGE WGT AVG STD WGT AVG CASH % %
OF CURRENT CURRENT CURRENT AVG ORIG REM AVG ORIG OUT FULL OWN
PREPAYMENT PENALTY LOANS BALANCE BALANCE BALANCE COUPON TERM TERM AGE CLTV REFI DOC OCC
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Prepayment Penalty 720 68,043,631.92 86.26 94,505 9.484 356 355 1 79.64 67.7 83.3 94.2
- ------------------------------------------------------------------------------------------------------------------------------------
No Prepayment Penalty 127 10,842,012.17 13.74 85,370 10.045 360 358 2 78.11 51.7 71.5 89.8
- ------------------------------------------------------------------------------------------------------------------------------------
TOTAL: 847 78,885,644.09 100.00 93,135 9.561 357 356 1 79.43 65.5 81.7 93.6
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
% % % %
PREPAYMENT PENALTY A B C D
- -----------------------------------------------------
<S> <C> <C> <C> <C>
Prepayment Penalty 66.5 23.8 8.4 1.3
- -----------------------------------------------------
No Prepayment Penalty 58.2 30.5 11.2 0.0
- -----------------------------------------------------
TOTAL: 65.4 24.8 8.8 1.1
- -----------------------------------------------------
</TABLE>
<PAGE> 31
30. 10 INVESTOR
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
WGT
% OF WGT AVG WGT %
NUMBER TOTAL TOTAL AVERAGE WGT AVG STD WGT AVG CASH
OF CURRENT CURRENT CURRENT AVG ORIG REM AVG ORIG OUT
10 INVESTOR LOANS BALANCE BALANCE BALANCE COUPON TERM TERM AGE CLTV REFI
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
122 338 33,246,993.20 42.15 98,364 9.886 359 358 1 80.86 53.0
- ------------------------------------------------------------------------------------------------------------------------------------
Colonial National Bank 263 24,190,511.19 30.67 91,979 9.365 358 357 1 78.16 68.1
- ------------------------------------------------------------------------------------------------------------------------------------
Advanta Finance Group 132 12,049,223.78 15.27 91,282 9.007 345 345 0 81.58 97.7
- ------------------------------------------------------------------------------------------------------------------------------------
Advanta Mortgage Corp 51 3,919,918.76 4.97 76,861 9.576 359 356 3 75.15 52.1
- ------------------------------------------------------------------------------------------------------------------------------------
Conduit Acquistion Trust 33 2,740,594.40 3.47 83,048 9.803 360 359 1 77.20 69.9
- ------------------------------------------------------------------------------------------------------------------------------------
234 19 2,056,208.83 2.61 108,222 9.242 353 351 1 73.95 71.3
- ------------------------------------------------------------------------------------------------------------------------------------
236 5 327,255.59 0.41 65,451 10.343 360 359 1 66.99 28.2
- ------------------------------------------------------------------------------------------------------------------------------------
CP Conduit Line 219 2 180,644.81 0.23 90,322 10.141 360 358 2 60.94 100.0
- ------------------------------------------------------------------------------------------------------------------------------------
CP Conduit Line 218 3 171,377.83 0.22 57,126 10.624 360 356 4 75.11 47.7
- ------------------------------------------------------------------------------------------------------------------------------------
130 1 2,915.70 0.00 2,916 12.500 360 353 7 54.54 100.0
- ------------------------------------------------------------------------------------------------------------------------------------
TOTAL: 847 78,885,644.09 100.00 93,135 9.561 357 356 1 79.43 65.5
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
- --------------------------------------------------------------------------
% %
FULL OWN % % % %
10 INVESTOR DOC OCC A B C D
- --------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
122 78.8 99.9 59.8 28.2 10.3 1.7
- --------------------------------------------------------------------------
Colonial National Bank 78.0 97.1 71.6 24.3 4.1 0.0
- --------------------------------------------------------------------------
Advanta Finance Group 100.0 94.2 70.2 25.6 2.8 1.4
- --------------------------------------------------------------------------
Advanta Mortgage Corp 73.5 55.3 68.6 19.6 11.9 0.0
- --------------------------------------------------------------------------
Conduit Acquistion Trust 67.7 48.7 66.7 14.4 14.4 4.5
- --------------------------------------------------------------------------
234 100.0 97.3 49.7 0.0 50.3 0.0
- --------------------------------------------------------------------------
236 91.0 0.0 67.3 0.0 32.7 0.0
- --------------------------------------------------------------------------
CP Conduit Line 219 100.0 100.0 41.4 0.0 58.6 0.0
- --------------------------------------------------------------------------
CP Conduit Line 218 52.3 52.3 47.7 23.2 29.1 0.0
- --------------------------------------------------------------------------
130 0.0 100.0 0.0 0.0 100.0 0.0
- --------------------------------------------------------------------------
TOTAL: 81.7 93.6 65.4 24.8 8.8 1.1
- --------------------------------------------------------------------------
</TABLE>
<PAGE> 32
31. AFFILIATED OR UNAFFILIATED ORIGINATIONS
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
WGT
% OF WGT AVG
NUMBER TOTAL TOTAL AVERAGE WGT AVG STD WGT
OF CURRENT CURRENT CURRENT AVG ORIG REM AVG
AFFILIATED OR UNAFFILIATED ORIGINATIONS LOANS BALANCE BALANCE BALANCE COUPON TERM TERM AGE
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Affiliated Originator 472 42,723,762.96 54.16 90,516 9.288 354 353 1
- ------------------------------------------------------------------------------------------------------------------------------------
Unaffiliated Originator 375 36,161,881.13 45.84 96,432 9.883 359 358 1
- ------------------------------------------------------------------------------------------------------------------------------------
TOTAL: 847 78,885,644.09 100.00 93,135 9.561 357 356 1
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------------
WGT %
AVG CASH % %
ORIG OUT FULL OWN % % % %
AFFILIATED OR UNAFFILIATED ORIGINATIONS CLTV REFI DOC OCC A B C D
- -----------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Affiliated Originator 78.48 75.0 85.0 91.7 69.7 22.8 7.1 0.4
- -----------------------------------------------------------------------------------------------------------
Unaffiliated Originator 80.55 54.3 77.8 95.8 60.2 27.1 10.7 1.9
- -----------------------------------------------------------------------------------------------------------
TOTAL: 79.43 65.5 81.7 93.6 65.4 24.8 8.8 1.1
- -----------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 33
32. UNAFFILIATED ORIGINATORS (DIVISION=3750)
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
WGT
% OF WGT AVG WGT %
NUMBER TOTAL TOTAL AVERAGE WGT AVG STD WGT AVG CASH
UNAFFILIATED ORIGINATORS OF CURRENT CURRENT CURRENT AVG ORIG REM AVG ORIG OUT
(DIVISION=3750) LOANS BALANCE BALANCE BALANCE COUPON TERM TERM AGE CLTV REFI
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
G & P 104 11,260,344.82 31.14 108,273 9.687 360 360 0 78.78 46.6
- ------------------------------------------------------------------------------------------------------------------------------------
MCA 115 9,358,535.05 25.88 81,379 10.342 360 358 2 81.31 63.1
- ------------------------------------------------------------------------------------------------------------------------------------
PTL 75 6,959,425.60 19.25 92,792 10.047 356 355 1 81.28 32.8
- ------------------------------------------------------------------------------------------------------------------------------------
First Street 39 4,702,081.85 13.00 120,566 9.297 360 360 0 81.55 70.4
- ------------------------------------------------------------------------------------------------------------------------------------
Equifinancial 42 3,881,493.81 10.73 92,417 9.766 360 360 0 81.33 74.3
- ------------------------------------------------------------------------------------------------------------------------------------
TOTAL: 375 36,161,881.13 100.00 96,432 9.883 359 358 1 80.55 54.3
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------
% %
UNAFFILIATED ORIGINATORS FULL OWN % % % %
(DIVISION=3750) DOC OCC A B C D
- ------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
G & P 79.0 93.5 54.6 22.8 16.3 6.2
- ------------------------------------------------------------------------------
MCA 83.1 96.6 54.5 36.7 8.8 0.0
- ------------------------------------------------------------------------------
PTL 51.9 94.2 70.6 26.7 2.7 0.0
- ------------------------------------------------------------------------------
First Street 90.3 98.5 70.4 9.1 20.6 0.0
- ------------------------------------------------------------------------------
Equifinancial 92.7 100.0 59.4 39.0 1.6 0.0
- ------------------------------------------------------------------------------
TOTAL: 77.8 95.8 60.2 27.1 10.7 1.9
- ------------------------------------------------------------------------------
</TABLE>
<PAGE> 34
33. INITIAL RATE ADJUSTMENT PERIOD
<TABLE>
<CAPTION>
- -------------------------------------------------------------------------------------------------------------------------------
WGT
% OF WGT AVG WGT
NUMBER TOTAL TOTAL AVERAGE WGT AVG STD WGT AVG
INITIAL OF CURRENT CURRENT CURRENT AVG ORIG REM AVG ORIG
RATE ADJUSTMENT PERIOD LOANS BALANCE BALANCE BALANCE COUPON TERM TERM AGE CLTV
- -------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
6 45 4,513,533.72 5.72 100,301 8.726 356 353 2 77.86
- -------------------------------------------------------------------------------------------------------------------------------
23 1 140,233.26 0.18 140,233 7.500 360 355 5 80.00
- -------------------------------------------------------------------------------------------------------------------------------
24 339 31,926,666.97 40.47 94,179 9.798 359 358 1 79.28
- -------------------------------------------------------------------------------------------------------------------------------
36 319 29,188,331.72 37.00 91,499 9.681 358 358 1 79.32
- -------------------------------------------------------------------------------------------------------------------------------
60 142 13,050,578.42 16.54 91,905 9.022 347 346 0 80.54
- -------------------------------------------------------------------------------------------------------------------------------
61 1 66,300.00 0.08 66,300 10.250 360 360 0 85.00
- -------------------------------------------------------------------------------------------------------------------------------
TOTAL: 847 78,885,644.09 100.00 93,135 9.561 357 356 1 79.43
- -------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
- ------------------------------------------------------------
%
CASH % %
OUT FULL OWN % % % %
REFI DOC OCC A B C D
- -------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
6 58.3 61.0 94.5 75.8 19.5 4.7 0.0
- -------------------------------------------------------------------
23 100.0 100.0 100.0 100.0 0.0 0.0 0.0
- -------------------------------------------------------------------
24 50.7 75.5 91.3 63.3 21.8 12.7 2.2
- -------------------------------------------------------------------
36 69.0 84.2 95.4 64.0 28.3 7.8 0.0
- -------------------------------------------------------------------
60 95.8 98.2 94.7 70.1 25.7 2.9 1.3
- -------------------------------------------------------------------
61 100.0 100.0 100.0 0.0 100.0 0.0 0.0
- -------------------------------------------------------------------
TOTAL: 65.5 81.7 93.6 65.4 24.8 8.8 1.1
- -------------------------------------------------------------------
</TABLE>
<PAGE> 35
34. RATE ADJUSTMENT PERIOD
<TABLE>
<CAPTION>
- ---------------------------------------------------------------------------------------------------------------------------------
WGT
% OF WGT AVG WGT %
NUMBER TOTAL TOTAL AVERAGE WGT AVG STD WGT AVG CASH
OF CURRENT CURRENT CURRENT AVG ORIG REM AVG ORIG OUT
RATE ADJUSTMENT PERIOD LOANS BALANCE BALANCE BALANCE COUPON TERM TERM AGE CLTV REFI
- ---------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
6 831 77,538,413.21 98.29 93,307 9.573 357 356 1 79.46 65.7
- ---------------------------------------------------------------------------------------------------------------------------------
12 16 1,347,230.88 1.71 84,202 8.898 357 352 4 77.46 53.1
- ---------------------------------------------------------------------------------------------------------------------------------
TOTAL: 847 78,885,644.09 100.00 93,135 9.561 357 356 1 79.43 65.5
- ---------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
- -------------------------------------------------------------------------
% %
FULL OWN % % % %
RATE ADJUSTMENT PERIOD DOC OCC A B C D
- -------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
6 81.7 94.2 65.2 25.1 8.6 1.1
- -------------------------------------------------------------------------
12 84.2 61.1 75.0 4.2 20.8 0.0
- -------------------------------------------------------------------------
TOTAL: 81.7 93.6 65.4 24.8 8.8 1.1
- -------------------------------------------------------------------------
</TABLE>
<PAGE> 36
35. MARGIN (%)
<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------------------------------------
WGT
% OF WGT AVG WGT %
NUMBER TOTAL TOTAL AVERAGE WGT AVG STD WGT AVG CASH
OF CURRENT CURRENT CURRENT AVG ORIG REM AVG ORIG OUT
MARGIN (%) LOANS BALANCE BALANCE BALANCE COUPON TERM TERM AGE CLTV REFI
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
2.001 - 2.500 16 1,628,903.67 2.06 101,806 7.990 331 330 0 76.94 100.0
- -----------------------------------------------------------------------------------------------------------------------------------
2.501 - 3.000 15 1,343,597.53 1.70 89,573 8.156 323 323 0 81.09 100.0
- -----------------------------------------------------------------------------------------------------------------------------------
3.001 - 3.500 41 3,591,252.19 4.55 87,592 8.715 346 346 0 82.57 96.6
- -----------------------------------------------------------------------------------------------------------------------------------
3.501 - 4.000 43 4,205,261.78 5.33 97,797 8.905 354 354 0 80.91 94.2
- -----------------------------------------------------------------------------------------------------------------------------------
4.001 - 4.500 50 5,384,482.34 6.83 107,690 8.959 359 359 0 79.64 82.6
- -----------------------------------------------------------------------------------------------------------------------------------
4.501 - 5.000 102 10,008,463.32 12.69 98,122 9.134 354 354 0 78.08 74.8
- -----------------------------------------------------------------------------------------------------------------------------------
5.001 - 5.500 114 10,464,214.02 13.27 91,791 9.382 357 356 1 79.21 62.2
- -----------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000 125 12,007,192.09 15.22 96,058 9.515 360 359 1 80.75 56.6
- -----------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500 123 11,816,331.17 14.98 96,068 9.829 360 359 1 78.65 64.5
- -----------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000 83 7,092,202.41 8.99 85,448 9.884 360 358 1 80.15 42.2
- -----------------------------------------------------------------------------------------------------------------------------------
7.001 - 7.500 68 6,250,236.38 7.92 91,915 10.355 360 359 1 77.87 44.6
- -----------------------------------------------------------------------------------------------------------------------------------
7.501 - 8.000 25 2,287,425.18 2.90 91,497 11.079 360 359 1 78.54 62.6
- -----------------------------------------------------------------------------------------------------------------------------------
8.001 - 8.500 23 1,672,070.18 2.12 72,699 11.559 360 359 1 78.78 49.1
- -----------------------------------------------------------------------------------------------------------------------------------
8.501 - 9.000 12 825,591.83 1.05 68,799 11.906 360 359 1 80.62 32.1
- -----------------------------------------------------------------------------------------------------------------------------------
9.001 - 9.500 2 139,110.00 0.18 69,555 12.470 360 360 0 81.70 23.7
- -----------------------------------------------------------------------------------------------------------------------------------
9.501 - 10.000 2 96,454.27 0.12 48,227 11.744 360 359 1 84.99 0.0
- -----------------------------------------------------------------------------------------------------------------------------------
10.001 - 10.500 1 20,963.04 0.03 20,963 14.990 360 350 10 60.00 100.0
- -----------------------------------------------------------------------------------------------------------------------------------
10.501 >= 2 51,892.69 0.07 25,946 15.110 360 359 1 58.63 56.8
- -----------------------------------------------------------------------------------------------------------------------------------
TOTAL: 847 78,885,644.09 100.00 93,135 9.561 357 356 1 79.43 65.5
- -----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
- -----------------------------------------------------------------------
% %
FULL OWN % % % %
MARGIN (%) DOC OCC A B C D
- -----------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
2.001 - 2.500 100.0 100.0 100.0 0.0 0.0 0.0
- -----------------------------------------------------------------------
2.501 - 3.000 100.0 93.7 100.0 0.0 0.0 0.0
- -----------------------------------------------------------------------
3.001 - 3.500 100.0 95.9 88.8 11.2 0.0 0.0
- -----------------------------------------------------------------------
3.501 - 4.000 100.0 91.1 71.5 28.5 0.0 0.0
- -----------------------------------------------------------------------
4.001 - 4.500 95.0 92.5 75.6 21.9 2.4 0.0
- -----------------------------------------------------------------------
4.501 - 5.000 94.9 98.0 78.6 16.3 5.1 0.0
- -----------------------------------------------------------------------
5.001 - 5.500 83.1 94.2 70.5 21.7 6.6 1.1
- -----------------------------------------------------------------------
5.501 - 6.000 86.5 92.9 59.6 24.7 12.8 2.9
- -----------------------------------------------------------------------
6.001 - 6.500 73.0 92.5 58.5 27.6 11.9 2.0
- -----------------------------------------------------------------------
6.501 - 7.000 68.9 93.4 51.6 37.0 9.1 2.3
- -----------------------------------------------------------------------
7.001 - 7.500 49.0 88.4 53.0 34.7 12.4 0.0
- -----------------------------------------------------------------------
7.501 - 8.000 59.9 96.8 52.7 27.0 20.3 0.0
- -----------------------------------------------------------------------
8.001 - 8.500 67.7 93.3 27.0 52.7 20.3 0.0
- -----------------------------------------------------------------------
8.501 - 9.000 80.5 90.3 29.9 28.2 42.0 0.0
- -----------------------------------------------------------------------
9.001 - 9.500 100.0 100.0 100.0 0.0 0.0 0.0
- -----------------------------------------------------------------------
9.501 - 10.000 100.0 100.0 0.0 100.0 0.0 0.0
- -----------------------------------------------------------------------
10.001 - 10.500 0.0 100.0 0.0 0.0 100.0 0.0
- -----------------------------------------------------------------------
10.501 >= 43.2 43.2 0.0 0.0 100.0 0.0
- -----------------------------------------------------------------------
TOTAL: 81.7 93.6 65.4 24.8 8.8 1.1
- -----------------------------------------------------------------------
</TABLE>
Minimum: 2.2400
Maximum: 10.8000
Weighted Average: 5.6216
<PAGE> 37
36. INITIAL PERIODIC CAP (%)
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
WGT
% OF WGT AVG WGT %
NUMBER TOTAL TOTAL AVERAGE WGT AVG STD WGT AVG CASH
OF CURRENT CURRENT CURRENT AVG ORIG REM AVG ORIG OUT
INITIAL PERIODIC CAP (%) LOANS BALANCE BALANCE BALANCE COUPON TERM TERM AGE CLTV REFI
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
0.251 - 0.500 1 109,000.00 0.14 109,000 7.990 360 360 0 80.75 100.0
- ------------------------------------------------------------------------------------------------------------------------------------
0.751 - 1.000 163 15,195,876.89 19.26 93,226 8.939 348 347 1 81.00 90.1
- ------------------------------------------------------------------------------------------------------------------------------------
1.251 - 1.500 29 2,953,840.14 3.74 101,857 9.277 357 355 2 78.71 50.1
- ------------------------------------------------------------------------------------------------------------------------------------
1.751 - 2.000 18 1,538,537.89 1.95 85,474 9.412 357 353 4 76.54 54.8
- ------------------------------------------------------------------------------------------------------------------------------------
2.751 - 3.000 636 59,088,389.17 74.90 92,906 9.742 359 358 1 79.14 60.1
- ------------------------------------------------------------------------------------------------------------------------------------
TOTAL: 847 78,885,644.09 100.00 93,135 9.561 357 356 1 79.43 65.5
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
- -------------------------------------------------------------------------------
% %
FULL OWN % % % %
INITIAL PERIODIC CAP (%) DOC OCC A B C D
- -------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
0.251 - 0.500 100.0 100.0 100.0 0.0 0.0 0.0
- -------------------------------------------------------------------------------
0.751 - 1.000 92.8 93.7 71.9 23.5 3.5 1.1
- -------------------------------------------------------------------------------
1.251 - 1.500 69.6 98.1 77.1 19.9 3.0 0.0
- -------------------------------------------------------------------------------
1.751 - 2.000 86.2 65.9 67.9 7.7 24.4 0.0
- -------------------------------------------------------------------------------
2.751 - 3.000 79.3 94.0 63.0 25.8 10.0 1.2
- -------------------------------------------------------------------------------
TOTAL: 81.7 93.6 65.4 24.8 8.8 1.1
- -------------------------------------------------------------------------------
</TABLE>
Minimum: 0.5000
Maximum: 3.0000
Weighted Average: 2.5356
<PAGE> 38
37. PERIODIC CAP (%)
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------
WGT
% OF WGT AVG WGT %
NUMBER TOTAL TOTAL AVERAGE WGT AVG STD WGT AVG CASH
OF CURRENT CURRENT CURRENT AVG ORIG REM AVG ORIG OUT
PERIODIC CAP (%) LOANS BALANCE BALANCE BALANCE COUPON TERM TERM AGE CLTV REFI
- ------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
0.500 1 109,000.00 0.14 109,000 7.990 360 360 0 80.75 100.0
- ------------------------------------------------------------------------------------------------------------------------------
1.000 665 61,619,184.08 78.11 92,660 9.557 356 356 1 79.58 71.3
- ------------------------------------------------------------------------------------------------------------------------------
1.500 163 15,717,314.59 19.92 96,425 9.632 358 356 2 79.02 43.6
- ------------------------------------------------------------------------------------------------------------------------------
2.000 17 1,410,156.01 1.79 82,950 9.029 357 353 4 77.35 50.8
- ------------------------------------------------------------------------------------------------------------------------------
3.000 1 29,989.41 0.04 29,989 11.050 360 360 0 76.92 100.0
- ------------------------------------------------------------------------------------------------------------------------------
TOTAL: 847 78,885,644.09 100.00 93,135 9.561 357 356 1 79.43 65.5
- ------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
- --------------------------------------------------------------
% %
FULL OWN % % % %
DOC OCC A B C D
- --------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
0.500 100.0 100.0 100.0 0.0 0.0 0.0
- --------------------------------------------------------------
1.000 86.1 93.9 64.2 24.7 9.7 1.4
- --------------------------------------------------------------
1.500 64.2 95.2 69.3 26.5 4.2 0.0
- --------------------------------------------------------------
2.000 84.9 62.9 71.7 8.4 19.9 0.0
- --------------------------------------------------------------
3.000 100.0 100.0 0.0 100.0 0.0 0.0
- --------------------------------------------------------------
TOTAL: 81.7 93.6 65.4 24.8 8.8 1.1
- --------------------------------------------------------------
</TABLE>
Minimum: 0.5000
Maximum: 3.0000
Weighted Average: 1.1176
<PAGE> 39
38. LIFETIME CAP (%)
<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------------------------------------
WGT
% OF WGT AVG WGT %
NUMBER TOTAL TOTAL AVERAGE WGT AVG STD WGT AVG CASH
OF CURRENT CURRENT CURRENT AVG ORIG REM AVG ORIG OUT
LIFETIME CAP (%) LOANS BALANCE BALANCE BALANCE COUPON TERM TERM AGE CLTV REFI
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
5.751 - 6.000 115 11,203,841.75 14.20 97,425 9.344 360 358 1 79.46 65.6
- -----------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.250 1 156,411.60 0.20 156,412 7.750 360 355 5 79.79 0.0
- -----------------------------------------------------------------------------------------------------------------------------------
6.251 - 6.500 79 7,400,291.93 9.38 93,675 10.143 356 355 1 80.91 33.4
- -----------------------------------------------------------------------------------------------------------------------------------
6.501 - 6.750 1 56,821.52 0.07 56,822 9.400 360 356 4 51.77 100.0
- -----------------------------------------------------------------------------------------------------------------------------------
6.751 - 7.000 648 59,752,697.25 75.75 92,211 9.538 356 355 1 79.29 69.5
- -----------------------------------------------------------------------------------------------------------------------------------
7.251 - 7.500 1 81,600.00 0.10 81,600 7.990 360 360 0 80.00 0.0
- -----------------------------------------------------------------------------------------------------------------------------------
8.751 - 9.000 1 186,000.00 0.24 186,000 8.875 360 360 0 72.95 100.0
- -----------------------------------------------------------------------------------------------------------------------------------
9.751 - 10.000 1 47,980.04 0.06 47,980 10.290 360 359 1 80.00 100.0
- -----------------------------------------------------------------------------------------------------------------------------------
TOTAL: 847 78,885,644.09 100.00 93,135 9.561 357 356 1 79.43 65.5
- -----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
- ---------------------------------------------------------------------------
% %
FULL OWN % % % %
LIFETIME CAP (%) DOC OCC A B C D
- ---------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
5.751 - 6.000 80.4 87.5 72.2 14.5 13.3 0.0
- ---------------------------------------------------------------------------
6.001 - 6.250 0.0 100.0 100.0 0.0 0.0 0.0
- ---------------------------------------------------------------------------
6.251 - 6.500 54.7 93.5 66.4 25.1 8.5 0.0
- ---------------------------------------------------------------------------
6.501 - 6.750 100.0 100.0 0.0 0.0 100.0 0.0
- ---------------------------------------------------------------------------
6.751 - 7.000 85.4 94.7 64.2 26.5 7.9 1.5
- ---------------------------------------------------------------------------
7.251 - 7.500 100.0 100.0 100.0 0.0 0.0 0.0
- ---------------------------------------------------------------------------
8.751 - 9.000 100.0 100.0 0.0 100.0 0.0 0.0
- ---------------------------------------------------------------------------
9.751 - 10.000 100.0 100.0 0.0 100.0 0.0 0.0
- ---------------------------------------------------------------------------
TOTAL: 81.7 93.6 65.4 24.8 8.8 1.1
- ---------------------------------------------------------------------------
</TABLE>
Minimum: 6.0000
Maximum: 10.0000
Weighted Average: 6.8163
<PAGE> 40
39. MAXIMUM MORTGAGE RATES (%)
<TABLE>
<CAPTION>
- ----------------------------------------------------------------------------------------------------------------------------------
WGT
% OF WGT AVG WGT
NUMBER TOTAL TOTAL AVERAGE WGT AVG STD WGT AVG
OF CURRENT CURRENT CURRENT AVG ORIG REM AVG ORIG
MAXIMUM MORTGAGE RATES (%) LOANS BALANCE BALANCE BALANCE COUPON TERM TERM AGE CLTV
- ----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
=< 12.500 1 211,363.67 0.27 211,364 6.000 360 357 3 84.80
- ----------------------------------------------------------------------------------------------------------------------------------
12.501 - 13.000 3 388,644.08 0.49 129,548 6.763 360 356 4 81.13
- ----------------------------------------------------------------------------------------------------------------------------------
13.001 - 13.500 5 673,697.14 0.85 134,739 7.338 360 358 2 77.96
- ----------------------------------------------------------------------------------------------------------------------------------
13.501 - 14.000 18 2,264,477.94 2.87 125,804 7.634 360 359 1 77.77
- ----------------------------------------------------------------------------------------------------------------------------------
14.001 - 14.500 22 2,168,453.41 2.75 98,566 7.878 353 352 1 78.25
- ----------------------------------------------------------------------------------------------------------------------------------
14.501 - 15.000 56 5,880,191.20 7.45 105,003 8.178 347 346 1 76.23
- ----------------------------------------------------------------------------------------------------------------------------------
15.001 - 15.500 72 8,014,466.71 10.16 111,312 8.662 354 354 1 78.43
- ----------------------------------------------------------------------------------------------------------------------------------
15.501 - 16.000 136 13,028,756.39 16.52 95,800 9.027 356 356 1 79.58
- ----------------------------------------------------------------------------------------------------------------------------------
16.001 - 16.500 122 11,308,006.54 14.33 92,689 9.399 356 355 1 80.10
- ----------------------------------------------------------------------------------------------------------------------------------
16.501 - 17.000 143 13,858,434.74 17.57 96,912 9.936 359 358 1 80.84
- ----------------------------------------------------------------------------------------------------------------------------------
17.001 - 17.500 90 7,867,363.75 9.97 87,415 10.416 357 356 1 80.70
- ----------------------------------------------------------------------------------------------------------------------------------
17.501 - 18.000 77 6,376,237.20 8.08 82,808 10.803 360 359 1 80.71
- ----------------------------------------------------------------------------------------------------------------------------------
18.001 - 18.500 43 3,320,260.26 4.21 77,215 11.465 360 359 1 79.74
- ----------------------------------------------------------------------------------------------------------------------------------
18.501 - 19.000 32 2,293,617.40 2.91 71,676 11.952 360 359 1 76.60
- ----------------------------------------------------------------------------------------------------------------------------------
19.001 - 19.500 17 766,078.96 0.97 45,063 12.272 357 356 1 72.31
- ----------------------------------------------------------------------------------------------------------------------------------
19.501 - 20.000 5 283,391.95 0.36 56,678 12.713 360 358 2 75.67
- ----------------------------------------------------------------------------------------------------------------------------------
20.001 - 20.500 2 109,347.02 0.14 54,674 13.849 360 359 1 65.08
- ----------------------------------------------------------------------------------------------------------------------------------
20.501 - 21.000 1 20,963.04 0.03 20,963 14.990 360 350 10 60.00
- ----------------------------------------------------------------------------------------------------------------------------------
21.501 - 22.000 1 22,396.90 0.03 22,397 15.190 360 359 1 69.99
- ----------------------------------------------------------------------------------------------------------------------------------
22.001 - 22.500 1 29,495.79 0.04 29,496 15.050 360 359 1 50.00
- ----------------------------------------------------------------------------------------------------------------------------------
TOTAL: 847 78,885,644.09 100.00 93,135 9.561 357 356 1 79.43
- ----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
- ---------------------------------------------------------------------------------------
%
CASH % %
OUT FULL OWN % % % %
MAXIMUM MORTGAGE RATES (%) REFI DOC OCC A B C D
- ---------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
=< 12.500 100.0 100.0 100.0 00.0 0.0 0.0 0.0
- ---------------------------------------------------------------------------------------
12.501 - 13.000 72.1 72.1 100.0 00.0 0.0 0.0 0.0
- ---------------------------------------------------------------------------------------
13.001 - 13.500 41.1 79.8 100.0 00.0 0.0 0.0 0.0
- ---------------------------------------------------------------------------------------
13.501 - 14.000 59.9 69.1 92.6 00.0 0.0 0.0 0.0
- ---------------------------------------------------------------------------------------
14.001 - 14.500 64.7 82.7 88.7 00.0 0.0 0.0 0.0
- ---------------------------------------------------------------------------------------
14.501 - 15.000 80.6 92.5 95.1 96.8 3.2 0.0 0.0
- ---------------------------------------------------------------------------------------
15.001 - 15.500 75.5 83.7 90.0 87.0 13.0 0.0 0.0
- ---------------------------------------------------------------------------------------
15.501 - 16.000 69.4 90.2 94.7 79.6 13.4 7.0 0.0
- ---------------------------------------------------------------------------------------
16.001 - 16.500 68.0 82.5 92.0 64.7 27.9 6.3 1.1
- ---------------------------------------------------------------------------------------
16.501 - 17.000 63.7 74.8 92.6 57.7 35.1 6.5 0.7
- ---------------------------------------------------------------------------------------
17.001 - 17.500 55.1 72.8 98.9 46.9 39.8 10.1 3.3
- ---------------------------------------------------------------------------------------
17.501 - 18.000 55.4 83.9 94.7 32.1 50.6 13.8 3.6
- ---------------------------------------------------------------------------------------
18.001 - 18.500 52.6 83.4 98.1 30.1 37.8 32.1 0.0
- ---------------------------------------------------------------------------------------
18.501 - 19.000 60.5 73.3 91.5 30.4 34.4 35.3 0.0
- ---------------------------------------------------------------------------------------
19.001 - 19.500 61.4 83.9 88.0 6.7 5.8 66.1 21.4
- ---------------------------------------------------------------------------------------
19.501 - 20.000 78.8 60.5 81.7 0.0 35.6 64.4 0.0
- ---------------------------------------------------------------------------------------
20.001 - 20.500 30.2 100.0 30.2 30.2 0.0 69.8 0.0
- ---------------------------------------------------------------------------------------
20.501 - 21.000 100.0 0.0 100.0 0.0 0.0 100.0 0.0
- ---------------------------------------------------------------------------------------
21.501 - 22.000 0.0 100.0 100.0 0.0 0.0 100.0 0.0
- ---------------------------------------------------------------------------------------
22.001 - 22.500 100.0 0.0 0.0 0.0 0.0 100.0 0.0
- ---------------------------------------------------------------------------------------
TOTAL: 65.5 81.7 93.6 65.4 24.8 8.8 1.1
- ---------------------------------------------------------------------------------------
</TABLE>
Minimum: 12.0000
Maximum: 22.0500
Weighted Average: 16.3652
<PAGE> 41
40. MINIMUM MORTGAGE RATES (%)
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
WGT
% OF WGT AVG
NUMBER TOTAL TOTAL AVERAGE WGT AVG STD WGT
OF CURRENT CURRENT CURRENT AVG ORIG REM AVG
MINIMUM MORTGAGE RATES (%) LOANS BALANCE BALANCE BALANCE COUPON TERM TERM AGE
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
3.501 - 4.000 6 687,600.52 0.87 114,600 8.162 360 359 1
- ------------------------------------------------------------------------------------------------------------------------------------
4.001 - 4.500 13 1,516,044.58 1.92 116,619 8.732 360 360 0
- ------------------------------------------------------------------------------------------------------------------------------------
4.501 - 5.000 29 2,899,078.77 3.68 99,968 9.841 360 359 1
- ------------------------------------------------------------------------------------------------------------------------------------
5.001 - 5.500 44 3,658,893.50 4.64 83,157 9.641 359 356 2
- ------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000 47 4,592,223.47 5.82 97,707 9.799 360 359 1
- ------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500 21 2,021,487.78 2.56 96,261 10.199 360 359 1
- ------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000 13 1,348,099.48 1.71 103,700 8.284 360 359 1
- ------------------------------------------------------------------------------------------------------------------------------------
7.001 - 7.500 20 1,933,337.93 2.45 96,667 8.053 352 351 1
- ------------------------------------------------------------------------------------------------------------------------------------
7.501 - 8.000 153 14,516,702.03 18.40 94,880 8.860 347 347 0
- ------------------------------------------------------------------------------------------------------------------------------------
8.001 - 8.500 49 5,340,628.40 6.77 108,992 8.379 358 357 1
- ------------------------------------------------------------------------------------------------------------------------------------
8.501 - 9.000 68 7,285,929.11 9.24 107,146 8.895 359 359 1
- ------------------------------------------------------------------------------------------------------------------------------------
9.001 - 9.500 79 7,291,261.79 9.24 92,294 9.324 358 358 1
- ------------------------------------------------------------------------------------------------------------------------------------
9.501 - 10.000 97 9,282,614.54 11.77 95,697 9.845 356 355 1
- ------------------------------------------------------------------------------------------------------------------------------------
10.001 - 10.500 56 4,960,861.16 6.29 88,587 10.333 359 358 1
- ------------------------------------------------------------------------------------------------------------------------------------
10.501 - 11.000 67 5,406,895.59 6.85 80,700 10.717 360 359 1
- ------------------------------------------------------------------------------------------------------------------------------------
11.001 - 11.500 32 2,531,672.25 3.21 79,115 11.262 360 359 1
- ------------------------------------------------------------------------------------------------------------------------------------
11.501 - 12.000 26 1,973,266.41 2.50 75,895 11.821 360 359 1
- ------------------------------------------------------------------------------------------------------------------------------------
12.001 - 12.500 16 1,118,666.28 1.42 69,917 12.257 360 359 1
- ------------------------------------------------------------------------------------------------------------------------------------
12.501 - 13.000 6 338,177.75 0.43 56,363 12.725 360 355 5
- ------------------------------------------------------------------------------------------------------------------------------------
13.001 - 13.500 1 33,000.00 0.04 33,000 13.500 360 360 0
- ------------------------------------------------------------------------------------------------------------------------------------
13.501 - 14.000 2 97,310.06 0.12 48,655 14.213 360 356 4
- ------------------------------------------------------------------------------------------------------------------------------------
14.001 >= 2 51,892.69 0.07 25,946 15.110 360 359 1
- ------------------------------------------------------------------------------------------------------------------------------------
TOTAL: 847 78,885,644.09 100.00 93,135 9.561 357 356 1
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
- ---------------------------------------------------------------------------------------------------------------
WGT %
AVG CASH % %
ORIG OUT FULL OWN % % % %
MINIMUM MORTGAGE RATES (%) CLTV REFI DOC OCC A B C D
- ---------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
3.501 - 4.000 80.00 71.8 100.0 100.0 100.0 0.0 0.0 0.0
- ---------------------------------------------------------------------------------------------------------------
4.001 - 4.500 80.08 84.7 94.6 89.9 100.0 0.0 0.0 0.0
- ---------------------------------------------------------------------------------------------------------------
4.501 - 5.000 80.79 70.8 88.1 98.4 69.2 28.6 2.1 0.0
- ---------------------------------------------------------------------------------------------------------------
5.001 - 5.500 79.78 57.7 74.9 96.7 58.5 29.0 9.3 3.2
- ---------------------------------------------------------------------------------------------------------------
5.501 - 6.000 83.55 51.2 88.1 94.7 56.0 32.2 11.8 0.0
- ---------------------------------------------------------------------------------------------------------------
6.001 - 6.500 77.84 75.7 77.9 83.4 40.6 22.8 36.6 0.0
- ---------------------------------------------------------------------------------------------------------------
6.501 - 7.000 77.71 67.0 81.6 100.0 81.6 5.2 13.3 0.0
- ---------------------------------------------------------------------------------------------------------------
7.001 - 7.500 76.87 56.9 83.8 100.0 91.5 5.9 2.5 0.0
- ---------------------------------------------------------------------------------------------------------------
7.501 - 8.000 79.98 91.2 95.2 94.1 74.3 21.3 3.3 1.1
- ---------------------------------------------------------------------------------------------------------------
8.001 - 8.500 76.77 71.1 83.0 93.9 88.9 10.0 1.1 0.0
- ---------------------------------------------------------------------------------------------------------------
8.501 - 9.000 79.50 52.8 85.9 93.5 85.7 9.8 4.5 0.0
- ---------------------------------------------------------------------------------------------------------------
9.001 - 9.500 78.86 68.0 78.9 90.1 76.6 16.8 4.9 1.7
- ---------------------------------------------------------------------------------------------------------------
9.501 - 10.000 79.70 52.1 72.8 90.7 59.4 35.3 4.2 1.0
- ---------------------------------------------------------------------------------------------------------------
10.001 - 10.500 80.69 62.0 63.1 97.1 49.0 41.2 7.0 2.8
- ---------------------------------------------------------------------------------------------------------------
10.501 - 11.000 79.93 51.5 77.1 95.1 34.2 47.9 13.7 4.2
- ---------------------------------------------------------------------------------------------------------------
11.001 - 11.500 77.93 50.4 72.0 97.5 27.6 39.9 32.5 0.0
- ---------------------------------------------------------------------------------------------------------------
11.501 - 12.000 77.41 60.1 69.7 90.1 39.6 26.4 34.0 0.0
- ---------------------------------------------------------------------------------------------------------------
12.001 - 12.500 77.00 45.5 73.3 93.1 25.2 34.9 39.9 0.0
- ---------------------------------------------------------------------------------------------------------------
12.501 - 13.000 70.38 70.3 69.7 84.6 0.0 35.7 64.3 0.0
- ---------------------------------------------------------------------------------------------------------------
13.001 - 13.500 55.00 100.0 100.0 100.0 100.0 0.0 0.0 0.0
- ---------------------------------------------------------------------------------------------------------------
13.501 - 14.000 67.41 21.5 78.5 21.5 0.0 0.0 100.0 0.0
- ---------------------------------------------------------------------------------------------------------------
14.001 >= 58.63 56.8 43.2 43.2 0.0 0.0 100.0 0.0
- ---------------------------------------------------------------------------------------------------------------
TOTAL: 79.43 65.5 81.7 93.6 65.4 24.8 8.8 1.1
- ---------------------------------------------------------------------------------------------------------------
</TABLE>
Minimum: 4.0000
Maximum: 15.1900
Weighted Average: 8.5208
<PAGE> 42
41. MONTHS TO NEXT RATE ADJUSTMENT
<TABLE>
<CAPTION>
- ----------------------------------------------------------------------------------------------------------------------------------
WGT
% OF WGT AVG
NUMBER TOTAL TOTAL AVERAGE WGT AVG STD WGT
OF CURRENT CURRENT CURRENT AVG ORIG REM AVG
MONTHS TO NEXT RATE ADJUSTMENT LOANS BALANCE BALANCE BALANCE COUPON TERM TERM AGE
- ----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
1 1 118,165.33 0.15 118,165 8.625 360 355 5
- ----------------------------------------------------------------------------------------------------------------------------------
2 3 269,967.06 0.34 89,989 8.777 360 356 4
- ----------------------------------------------------------------------------------------------------------------------------------
3 17 2,109,120.13 2.67 124,066 8.467 360 357 3
- ----------------------------------------------------------------------------------------------------------------------------------
4 5 366,827.88 0.47 73,366 9.914 333 331 2
- ----------------------------------------------------------------------------------------------------------------------------------
5 5 285,556.58 0.36 57,111 9.134 360 359 1
- ----------------------------------------------------------------------------------------------------------------------------------
6 10 895,732.00 1.14 89,573 8.786 350 349 1
- ----------------------------------------------------------------------------------------------------------------------------------
7 - 12 6 572,477.16 0.73 95,413 9.183 360 357 3
- ----------------------------------------------------------------------------------------------------------------------------------
13 - 18 8 628,634.20 0.80 78,579 10.373 326 320 6
- ----------------------------------------------------------------------------------------------------------------------------------
19 - 24 299 28,229,558.61 35.79 94,413 9.785 360 359 1
- ----------------------------------------------------------------------------------------------------------------------------------
25 - 36 270 25,010,209.72 31.70 92,630 9.724 359 359 1
- ----------------------------------------------------------------------------------------------------------------------------------
37 - 48 80 7,282,517.00 9.23 91,031 9.506 355 355 0
- ----------------------------------------------------------------------------------------------------------------------------------
49 - 60 105 9,112,108.66 11.55 86,782 9.042 344 343 0
- ----------------------------------------------------------------------------------------------------------------------------------
61 - 72 38 4,004,769.76 5.08 105,389 8.997 354 354 0
- ----------------------------------------------------------------------------------------------------------------------------------
TOTAL: 847 78,885,644.09 100.00 93,135 9.561 357 356 1
- ----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
- ---------------------------------------------------------------------------------------------------------
WGT %
AVG CASH % %
ORIG OUT FULL OWN % % % %
MONTHS TO NEXT RATE ADJUSTMENT CLTV REFI DOC OCC A B C D
- ---------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
1 79.12 0.0 100.0 100.0 100.0 0.0 0.0 0.0
- ---------------------------------------------------------------------------------------------------------
2 78.45 71.9 0.0 100.0 64.1 28.1 7.8 0.0
- ---------------------------------------------------------------------------------------------------------
3 78.01 45.3 54.3 92.0 89.6 5.1 5.3 0.0
- ---------------------------------------------------------------------------------------------------------
4 80.12 28.9 63.6 92.9 41.8 36.4 21.8 0.0
- ---------------------------------------------------------------------------------------------------------
5 71.07 66.7 27.7 80.6 100.0 0.0 0.0 0.0
- ---------------------------------------------------------------------------------------------------------
6 75.89 80.3 79.0 100.0 70.0 30.0 0.0 0.0
- ---------------------------------------------------------------------------------------------------------
7 - 12 79.93 91.2 91.2 100.0 30.7 51.0 18.2 0.0
- ---------------------------------------------------------------------------------------------------------
13 - 18 83.61 92.1 99.5 86.0 54.9 20.1 24.9 0.0
- ---------------------------------------------------------------------------------------------------------
19 - 24 79.40 51.2 75.1 91.4 64.1 20.7 12.7 2.5
- ---------------------------------------------------------------------------------------------------------
25 - 36 79.22 59.5 80.0 94.6 62.9 27.2 9.9 0.0
- ---------------------------------------------------------------------------------------------------------
37 - 48 79.03 89.2 95.1 96.6 66.5 33.5 0.0 0.0
- ---------------------------------------------------------------------------------------------------------
49 - 60 79.79 96.1 97.4 94.2 70.4 24.3 4.2 1.2
- ---------------------------------------------------------------------------------------------------------
61 - 72 82.31 95.3 100.0 95.8 68.3 30.3 0.0 1.4
- ---------------------------------------------------------------------------------------------------------
TOTAL: 79.43 65.5 81.7 93.6 65.4 24.8 8.8 1.1
- ---------------------------------------------------------------------------------------------------------
</TABLE>
Minimum: 1
Maximum: 61
Weighted Average: 32.7
