<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 1998-4A
(Exact name of registrant as specified in its charter)
New York Application Pending
(State or Other Jurisdiction of (Commission (I.R.S. Employer
Incorporation) File Number) Identification No.)
Attention: President 52351-2 19477
Welsh & McKean Roads
Spring House, Pennsylvania (Zip Code)
(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
1998-4A 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 1998-4A
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 5
Materials (as defined
in 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 1: Fixed (Agency Only)
6,989 records
Balance: 453,256,742
1. Pools
<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
Pools 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>
Agency Pool 6,989 453,256,741.88 100.00 64,853 9.660 268 265 4 75.73 78.8 92.5 91.1
-------------------------------------------------------------------------------------------------------------------------------
Total: 6,989 453,256,741.88 100.00 64,853 9.660 268 265 4 75.73 78.8 92.5 91.1
-------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
-------------------------------------------
% % % %
Pools A B C D
-------------------------------------------
<S> <C> <C> <C> <C>
Agency Pool 74.2 16.0 8.1 1.7
-------------------------------------------
Total: 74.2 16.0 8.1 1.7
-------------------------------------------
</TABLE>
<PAGE> 3
2. Adjustment Type
<TABLE>
<CAPTION>
--------------------------------------------------------------------------------------------------
% of
Number Total Total
of Current Current
Adjustment Type Loans Balance Balance
-------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
Fixed Rate 6,989 453,256,741.88 100.00
-------------------------------------------------------------------------------------------------
Total: 6,989 453,256,741.88 100.00
-------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
- ---------------------------------------------------------------------------------------------------------------------------------
Wgt
Wgt Avg Wgt %
Average Wgt Avg Std Wgt Avg Cash % %
Current Avg Orig Rem Avg Orig Out Full Own % % % %
Adjustment Type 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>
Fixed Rate 64,853 9.660 268 265 4 75.73 78.8 92.5 91.1 74.2 16.0 8.1 1.7
- ----------------------------------------------------------------------------------------------------------------------------------
Total: 64,853 9.660 268 265 4 75.73 78.8 92.5 91.1 74.2 16.0 8.1 1.7
- ----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 4
3. Current Mortgage Rates (%)
<TABLE>
<CAPTION>
---------------------------------------------------------------------------------------------------------------------------------
% of Wgt
Number Total Total Average Wgt Avg
of Current Current Current Avg Orig
Current Mortgage Rates (%) Loans Balance Balance Balance Coupon Term
--------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
6.001 - 6.500 5 579,270.22 0.13 115,854 6.347 268
-------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000 20 1,628,409.59 0.36 81,420 6.896 212
-------------------------------------------------------------------------------------------------------------------------------
7.001 - 7.500 99 7,893,806.48 1.74 79,735 7.327 232
-------------------------------------------------------------------------------------------------------------------------------
7.501 - 8.000 396 30,689,663.42 6.77 77,499 7.857 256
-------------------------------------------------------------------------------------------------------------------------------
8.001 - 8.500 539 44,309,162.29 9.78 82,206 8.343 270
-------------------------------------------------------------------------------------------------------------------------------
8.501 - 9.000 1,113 84,951,486.08 18.74 76,327 8.817 269
-------------------------------------------------------------------------------------------------------------------------------
9.001 - 9.500 1,001 68,591,026.58 15.13 68,523 9.300 274
-------------------------------------------------------------------------------------------------------------------------------
9.501 - 10.000 1,069 72,198,361.74 15.93 67,538 9.794 285
-------------------------------------------------------------------------------------------------------------------------------
10.001 - 10.500 670 40,286,723.58 8.89 60,129 10.303 277
-------------------------------------------------------------------------------------------------------------------------------
10.501 - 11.000 642 37,731,351.55 8.32 58,772 10.797 271
-------------------------------------------------------------------------------------------------------------------------------
11.001 - 11.500 369 19,748,911.49 4.36 53,520 11.292 260
-------------------------------------------------------------------------------------------------------------------------------
11.501 - 12.000 395 19,293,567.39 4.26 48,844 11.801 249
-------------------------------------------------------------------------------------------------------------------------------
12.001 - 12.500 232 8,899,136.89 1.96 38,358 12.324 231
-------------------------------------------------------------------------------------------------------------------------------
12.501 - 13.000 250 9,701,534.39 2.14 38,806 12.796 231
-------------------------------------------------------------------------------------------------------------------------------
13.001 - 13.500 82 3,536,897.94 0.78 43,133 13.296 262
-------------------------------------------------------------------------------------------------------------------------------
13.501 - 14.000 54 1,607,159.24 0.35 29,762 13.859 215
-------------------------------------------------------------------------------------------------------------------------------
14.001 >= 53 1,610,273.01 0.36 30,383 15.336 198
-------------------------------------------------------------------------------------------------------------------------------
Total: 6,989 453,256,741.88 100.00 64,853 9.660 268
-------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
-----------------------------------------------------------------------------------------------------
Wgt
Avg Wgt %
Std Wgt Avg Cash % %
Rem Avg Orig Out Full Own % % % %
Current Mortgage Rates (%) Term Age CLTV Refi Doc Occ A B C D
- ---------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
6.001 - 6.500 265 4 65.56 27.8 70.3 100.0 100.0 0.0 0.0 0.0
-----------------------------------------------------------------------------------------------------------
6.501 - 7.000 210 2 73.43 80.0 100.0 100.0 94.9 5.1 0.0 0.0
-----------------------------------------------------------------------------------------------------------
7.001 - 7.500 230 2 68.76 70.3 95.4 98.1 93.8 1.3 2.6 2.2
-----------------------------------------------------------------------------------------------------------
7.501 - 8.000 254 2 70.97 77.3 97.3 97.4 98.1 1.4 0.5 0.0
-----------------------------------------------------------------------------------------------------------
8.001 - 8.500 268 2 76.22 75.3 95.3 95.0 95.2 3.6 1.2 0.0
-----------------------------------------------------------------------------------------------------------
8.501 - 9.000 267 2 75.47 83.1 94.4 93.3 91.2 6.7 2.1 0.1
-----------------------------------------------------------------------------------------------------------
9.001 - 9.500 271 2 76.80 82.0 95.0 91.5 85.2 11.5 2.8 0.5
-----------------------------------------------------------------------------------------------------------
9.501 - 10.000 282 3 77.19 81.0 90.2 87.0 78.7 16.7 4.4 0.1
-----------------------------------------------------------------------------------------------------------
10.001 - 10.500 273 4 76.30 74.0 89.3 87.5 59.8 27.8 11.4 1.1
-----------------------------------------------------------------------------------------------------------
10.501 - 11.000 265 6 78.04 71.4 87.6 87.6 53.3 36.1 9.6 1.0
-----------------------------------------------------------------------------------------------------------
11.001 - 11.500 254 6 76.96 74.7 89.5 90.5 35.9 39.2 23.0 1.9
-----------------------------------------------------------------------------------------------------------
11.501 - 12.000 241 7 74.54 76.5 90.8 88.6 27.1 32.6 33.8 6.5
-----------------------------------------------------------------------------------------------------------
12.001 - 12.500 225 6 73.13 85.8 92.6 93.8 28.3 18.6 37.5 15.5
-----------------------------------------------------------------------------------------------------------
12.501 - 13.000 221 10 74.45 82.4 90.9 90.2 19.7 30.1 37.6 12.6
-----------------------------------------------------------------------------------------------------------
13.001 - 13.500 256 6 72.10 81.0 96.2 86.7 8.0 20.6 45.1 26.3
-----------------------------------------------------------------------------------------------------------
13.501 - 14.000 198 17 66.80 87.3 80.5 91.6 21.2 32.2 26.0 20.6
-----------------------------------------------------------------------------------------------------------
14.001 >= 178 20 64.36 83.5 82.3 85.3 7.8 6.6 43.8 41.8
-----------------------------------------------------------------------------------------------------------
Total: 265 4 75.73 78.8 92.5 91.1 74.2 16.0 8.1 1.7
-----------------------------------------------------------------------------------------------------------
</TABLE>
Minimum: 6.2200
Maximum: 17.2000
Weighted Average: 9.6602
<PAGE> 5
4. Original Mortgage Loan Principal Balance ($)
<TABLE>
<CAPTION>
- -------------------------------------------------------------------------------------------------------------------------------
Wgt
% of Wgt Avg Wgt %
Number Total Total Average Wgt Avg Std Wgt Avg Cash
Original Mortgage Loan of Current Current Current Avg Orig Rem Avg Orig Out
Principal Balance ($) Loans Balance Balance Balance Coupon Term Term Age CLTV Refi
- -------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
1 - 25,000 721 13,298,289.63 2.93 18,444 10.996 186 179 7 62.55 92.4
- -------------------------------------------------------------------------------------------------------------------------------
25,001 - 50,000 2,316 87,713,549.72 19.35 37,873 10.125 239 235 4 71.23 83.4
- -------------------------------------------------------------------------------------------------------------------------------
50,001 - 75,000 1,850 112,824,245.45 24.89 60,986 9.742 263 259 3 76.28 79.1
- -------------------------------------------------------------------------------------------------------------------------------
75,001 - 100,000 953 82,361,718.95 18.17 86,424 9.583 275 271 4 77.27 76.5
- -------------------------------------------------------------------------------------------------------------------------------
100,001 - 125,000 524 58,155,299.25 12.83 110,983 9.393 288 284 3 78.28 76.2
- -------------------------------------------------------------------------------------------------------------------------------
125,001 - 150,000 291 39,478,545.18 8.71 135,665 9.330 292 288 4 77.59 76.6
- -------------------------------------------------------------------------------------------------------------------------------
150,001 - 175,000 179 28,865,970.04 6.37 161,262 9.118 298 295 3 77.60 82.7
- -------------------------------------------------------------------------------------------------------------------------------
175,001 - 200,000 102 19,111,515.47 4.22 187,368 9.032 290 288 2 79.54 62.1
- -------------------------------------------------------------------------------------------------------------------------------
200,001 - 225,000 47 9,952,281.77 2.20 211,751 9.176 301 297 4 78.73 83.0
- -------------------------------------------------------------------------------------------------------------------------------
225,001 - 250,000 4 914,586.43 0.20 228,647 9.828 316 312 3 77.96 49.3
- -------------------------------------------------------------------------------------------------------------------------------
250,001 - 275,000 1 262,000.00 0.06 262,000 7.995 360 360 0 63.91 100.0
- -------------------------------------------------------------------------------------------------------------------------------
300,001 - 325,000 1 318,739.99 0.07 318,740 9.650 360 357 3 80.00 0.0
- -------------------------------------------------------------------------------------------------------------------------------
Total: 6,989 453,256,741.88 100.00 64,853 9.660 268 265 4 75.73 78.8
- -------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
- ----------------------------------------------------------------
% %
Original Mortgage Loan Full Own % % % %
Principal Balance ($) Doc Occ A B C D
- ----------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
1 - 25,000 94.5 88.2 58.7 19.4 15.6 6.2
- ---------------------------------------------------------------
25,001 - 50,000 94.9 87.7 66.7 19.1 11.9 2.4
- ---------------------------------------------------------------
50,001 - 75,000 94.8 89.9 72.6 16.5 9.1 1.9
- ---------------------------------------------------------------
75,001 - 100,000 92.1 93.8 76.0 16.2 6.9 0.8
- ---------------------------------------------------------------
100,001 - 125,000 92.2 93.7 74.9 16.7 6.4 1.9
- ---------------------------------------------------------------
125,001 - 150,000 91.0 92.2 76.7 15.3 7.0 1.1
- ---------------------------------------------------------------
150,001 - 175,000 87.2 92.7 85.4 8.3 5.6 0.6
- ---------------------------------------------------------------
175,001 - 200,000 87.2 96.0 90.4 8.7 0.0 0.9
- ---------------------------------------------------------------
200,001 - 225,000 80.5 89.2 85.4 12.5 2.1 0.0
- ---------------------------------------------------------------
225,001 - 250,000 75.4 74.1 75.4 24.6 0.0 0.0
- ---------------------------------------------------------------
250,001 - 275,000 100.0 100.0 100.0 0.0 0.0 0.0
- ---------------------------------------------------------------
300,001 - 325,000 100.0 0.0 100.0 0.0 0.0 0.0
- ---------------------------------------------------------------
Total: 92.5 91.1 74.2 16.0 8.1 1.7
- ---------------------------------------------------------------
</TABLE>
Minimum: 5,540
Maximum: 319,200
Average: 65,354
Total: 456,755,948.64
<PAGE> 6
5. Current Mortgage Loan Principal Balance ($)
<TABLE>
<CAPTION>
- --------------------------------------------------------------------------------------------------------------------------------
Wgt
% of Wgt Avg Wgt
Number Total Total Average Wgt Avg Std Wgt Avg
Current Mortgage Loan of Current Current Current Avg Orig Rem Avg Orig
Principal Balance ($) Loans Balance Balance Balance Coupon Term Term Age CLTV
- --------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
0.01 - 25,000.00 760 14,105,208.41 3.11 18,559 11.021 186 175 11 62.52
- --------------------------------------------------------------------------------------------------------------------------------
25,000.01 - 50,000.00 2,313 88,512,791.12 19.53 38,268 10.125 239 235 4 71.17
- --------------------------------------------------------------------------------------------------------------------------------
50,000.01 - 75,000.00 1,837 112,749,398.70 24.88 61,377 9.744 263 259 3 76.39
- --------------------------------------------------------------------------------------------------------------------------------
75,000.01 - 100,000.00 940 81,780,900.44 18.04 87,001 9.564 276 273 3 77.36
- --------------------------------------------------------------------------------------------------------------------------------
100,000.01 - 125,000.00 523 58,287,913.10 12.86 111,449 9.380 286 283 3 78.30
- --------------------------------------------------------------------------------------------------------------------------------
125,000.01 - 150,000.00 285 38,839,867.12 8.57 136,280 9.314 295 291 3 77.45
- --------------------------------------------------------------------------------------------------------------------------------
150,000.01 - 175,000.00 179 28,943,072.24 6.39 161,693 9.109 298 295 3 77.83
- --------------------------------------------------------------------------------------------------------------------------------
175,000.01 - 200,000.00 100 18,785,211.67 4.14 187,852 9.081 289 287 3 79.61
- --------------------------------------------------------------------------------------------------------------------------------
200,000.01 - 225,000.00 46 9,757,052.66 2.15 212,110 9.144 303 301 2 78.71
- --------------------------------------------------------------------------------------------------------------------------------
225,000.01 - 250,000.00 4 914,586.43 0.20 228,647 9.828 316 312 3 77.96
- --------------------------------------------------------------------------------------------------------------------------------
250,000.01 - 275,000.00 1 262,000.00 0.06 262,000 7.995 360 360 0 63.91
- --------------------------------------------------------------------------------------------------------------------------------
300,000.01 - 325,000.00 1 318,739.99 0.07 318,740 9.650 360 357 3 80.00
- --------------------------------------------------------------------------------------------------------------------------------
Total: 6,989 453,256,741.88 100.00 64,853 9.660 268 265 4 75.73
- --------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
- -------------------------------------------------------------------------
%
Cash % %
Current Mortgage Loan Out Full Own % % % %
Principal Balance ($) Refi Doc Occ A B C D
- -----------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
0.01 - 25,000.00 91.7 94.3 88.5 59.4 19.5 15.3 5.8
- ----------------------------------------------------------------------
25,000.01 - 50,000.00 83.0 95.0 87.6 66.4 19.4 11.8 2.4
- ----------------------------------------------------------------------
50,000.01 - 75,000.00 79.1 94.6 90.0 72.8 16.3 9.1 1.8
- ----------------------------------------------------------------------
75,000.01 - 100,000.00 76.7 92.5 93.8 76.0 16.1 7.1 0.8
- ----------------------------------------------------------------------
100,000.01 - 125,000.00 76.4 92.3 93.8 74.8 17.3 6.1 1.9
- ----------------------------------------------------------------------
125,000.01 - 150,000.00 76.5 90.5 92.0 77.5 14.3 7.1 1.1
- ----------------------------------------------------------------------
150,000.01 - 175,000.00 82.7 87.2 92.7 85.5 8.3 5.6 0.6
- ----------------------------------------------------------------------
175,000.01 - 200,000.00 61.3 87.9 95.9 89.1 9.9 0.0 0.9
- ----------------------------------------------------------------------
200,000.01 - 225,000.00 84.6 80.2 88.9 87.1 10.8 2.2 0.0
- ----------------------------------------------------------------------
225,000.01 - 250,000.00 49.3 75.4 74.1 75.4 24.6 0.0 0.0
- ----------------------------------------------------------------------
250,000.01 - 275,000.00 100.0 100.0 100.0 100.0 0.0 0.0 0.0
- ----------------------------------------------------------------------
300,000.01 - 325,000.00 0.0 100.0 0.0 100.0 0.0 0.0 0.0
- ----------------------------------------------------------------------
Total: 78.8 92.5 91.1 74.2 16.0 8.1 1.7
- ----------------------------------------------------------------------
</TABLE>
Minimum: 596
Maximum: 318,740
Average: 64,853
<PAGE> 7
6. 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>
0.001 - 10.000 47 683,460.22 0.15 14,542 11.831 194 176 18 61.37 98.6
- ------------------------------------------------------------------------------------------------------------------------------------
10.001 - 20.000 217 4,305,706.97 0.95 19,842 11.787 186 167 19 63.57 95.7
- ------------------------------------------------------------------------------------------------------------------------------------
20.001 - 30.000 210 6,231,063.93 1.37 29,672 11.153 196 177 20 54.57 92.6
- ------------------------------------------------------------------------------------------------------------------------------------
30.001 - 40.000 234 9,171,038.95 2.02 39,192 10.017 217 209 9 42.04 89.8
- ------------------------------------------------------------------------------------------------------------------------------------
40.001 - 50.000 278 12,889,888.24 2.84 46,367 9.598 251 245 6 48.26 86.8
- ------------------------------------------------------------------------------------------------------------------------------------
50.001 - 60.000 424 21,705,651.70 4.79 51,193 9.500 246 241 5 56.24 82.3
- ------------------------------------------------------------------------------------------------------------------------------------
60.001 - 70.000 900 54,858,473.10 12.10 60,954 9.705 263 259 4 66.43 82.3
- ------------------------------------------------------------------------------------------------------------------------------------
70.001 - 75.000 913 60,883,237.35 13.43 66,685 9.474 272 269 3 73.77 80.5
- ------------------------------------------------------------------------------------------------------------------------------------
75.001 - 80.000 1,533 112,356,984.21 24.79 73,292 9.694 274 270 3 79.11 73.4
- ------------------------------------------------------------------------------------------------------------------------------------
80.001 - 85.000 1,924 147,473,095.32 32.54 76,649 9.568 277 274 2 84.34 76.5
- ------------------------------------------------------------------------------------------------------------------------------------
85.001 - 90.000 295 21,874,200.92 4.83 74,150 9.630 280 279 1 86.91 86.5
- ------------------------------------------------------------------------------------------------------------------------------------
90.001 - 95.000 14 823,940.97 0.18 58,853 10.189 249 248 0 92.93 74.9
- ------------------------------------------------------------------------------------------------------------------------------------
Total: 6,989 453,256,741.88 100.00 64,853 9.660 268 265 4 75.73 78.8
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
- ----------------------------------------------------------
% %
Original Full Own % % % %
Loan-to-Value Ratio (%) Doc Occ A B C D
- ----------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
0.001 - 10.000 93.6 94.5 68.7 21.3 7.1 2.9
- ----------------------------------------------------------
10.001 - 20.000 90.6 94.2 64.5 24.0 8.5 3.0
- ----------------------------------------------------------
20.001 - 30.000 92.2 96.3 70.8 16.6 9.5 3.1
- ----------------------------------------------------------
30.001 - 40.000 94.6 92.7 70.8 15.1 8.8 5.3
- ----------------------------------------------------------
40.001 - 50.000 90.2 91.8 74.4 13.3 9.8 2.5
- ----------------------------------------------------------
50.001 - 60.000 89.5 90.6 68.1 14.5 12.8 4.6
- ----------------------------------------------------------
60.001 - 70.000 87.1 87.8 68.0 14.0 12.4 5.7
- ----------------------------------------------------------
70.001 - 75.000 89.6 84.1 73.6 14.4 11.0 1.0
- ----------------------------------------------------------
75.001 - 80.000 88.0 89.9 75.1 12.8 11.5 0.6
- ----------------------------------------------------------
80.001 - 85.000 98.9 95.2 77.5 19.6 2.5 0.5
- ----------------------------------------------------------
85.001 - 90.000 98.3 94.9 74.6 19.9 3.9 1.7
- ----------------------------------------------------------
90.001 - 95.000 100.0 100.0 77.1 15.8 4.1 3.0
- ----------------------------------------------------------
Total: 92.5 91.1 74.2 16.0 8.1 1.7
- ----------------------------------------------------------
</TABLE>
Minimum: 3.66
Maximum: 95.00
Weighted Average by Original Balance: 74.37
Weighted Average by Current Balance: 74.54
<PAGE> 8
7. Combined Original Loan-to-Value Ratio (%)
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
Wgt
% of Wgt Avg Wgt
Combined Number Total Total Average Wgt Avg Std Wgt Avg
Original of Current Current Current Avg Orig Rem Avg Orig
Loan-to-Value Ratio (%) Loans Balance Balance Balance Coupon Term Term Age CLTV
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
0.001 - 10.000 7 174,568.50 0.04 24,938 9.359 209 196 13 7.99
- ------------------------------------------------------------------------------------------------------------------------------------
10.001 - 20.000 44 941,277.10 0.21 21,393 9.896 203 189 14 17.01
- ------------------------------------------------------------------------------------------------------------------------------------
20.001 - 30.000 96 2,773,978.57 0.61 28,896 9.727 209 196 13 26.11
- ------------------------------------------------------------------------------------------------------------------------------------
30.001 - 40.000 211 8,027,479.02 1.77 38,045 9.737 221 214 8 35.50
- ------------------------------------------------------------------------------------------------------------------------------------
40.001 - 50.000 265 12,035,292.20 2.66 45,416 9.482 255 250 5 45.90
- ------------------------------------------------------------------------------------------------------------------------------------
50.001 - 60.000 426 21,559,008.19 4.76 50,608 9.485 247 242 4 55.87
- ------------------------------------------------------------------------------------------------------------------------------------
60.001 - 70.000 941 55,794,611.68 12.31 59,293 9.756 262 258 5 66.31
- ------------------------------------------------------------------------------------------------------------------------------------
70.001 - 75.000 952 61,981,247.63 13.67 65,106 9.516 270 266 4 73.76
- ------------------------------------------------------------------------------------------------------------------------------------
75.001 - 80.000 1,632 115,144,225.26 25.40 70,554 9.743 271 267 4 79.10
- ------------------------------------------------------------------------------------------------------------------------------------
80.001 - 85.000 2,058 150,913,087.45 33.30 73,330 9.635 275 272 2 84.33
- ------------------------------------------------------------------------------------------------------------------------------------
85.001 - 90.000 342 23,060,473.31 5.09 67,428 9.757 275 274 1 87.01
- ------------------------------------------------------------------------------------------------------------------------------------
90.001 - 95.000 15 851,492.97 0.19 56,766 10.280 247 246 0 92.84
- ------------------------------------------------------------------------------------------------------------------------------------
Total: 6,989 453,256,741.88 100.00 64,853 9.660 268 265 4 75.73
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
- --------------------------------------------------------------------------
%
Combined Cash % %
Original Out Full Own % % % %
Loan-to-Value Ratio (%) Refi Doc Occ A B C D
- --------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
0.001 - 10.000 100.0 82.7 82.7 79.5 20.5 0.0 0.0
- --------------------------------------------------------------------------
10.001 - 20.000 91.2 85.7 84.6 69.6 18.6 9.4 2.4
- --------------------------------------------------------------------------
20.001 - 30.000 89.4 86.0 97.0 68.2 17.1 11.3 3.4
- --------------------------------------------------------------------------
30.001 - 40.000 89.7 94.0 92.7 70.5 13.6 9.7 6.2
- --------------------------------------------------------------------------
40.001 - 50.000 87.9 89.2 91.0 74.9 11.7 10.7 2.7
- --------------------------------------------------------------------------
50.001 - 60.000 83.0 89.4 90.4 68.6 14.0 12.7 4.7
- --------------------------------------------------------------------------
60.001 - 70.000 82.7 87.1 87.7 67.5 14.2 12.6 5.7
- --------------------------------------------------------------------------
70.001 - 75.000 80.5 89.6 84.4 73.6 14.5 10.9 1.0
- --------------------------------------------------------------------------
75.001 - 80.000 73.6 88.2 90.1 74.8 13.3 11.3 0.6
- --------------------------------------------------------------------------
80.001 - 85.000 77.0 98.9 95.3 77.3 19.6 2.6 0.5
- --------------------------------------------------------------------------
85.001 - 90.000 87.2 98.4 95.2 75.3 19.4 3.7 1.6
- --------------------------------------------------------------------------
90.001 - 95.000 75.7 100.0 100.0 77.9 15.2 4.0 2.9
- --------------------------------------------------------------------------
Total: 78.8 92.5 91.1 74.2 16.0 8.1 1.7
- --------------------------------------------------------------------------
</TABLE>
Minimum: 4.61
Maximum: 95.00
Weighted Average by Original Balance: 75.65
Weighted Average by Current Balance: 75.73
<PAGE> 9
8. Product
<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
Product Loans Balance Balance Balance Coupon Term Term Age CLTV
- -------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Fixed - 15 Year 2,160 96,695,051.32 21.33 44,766 9.651 167 161 6 71.27
- -------------------------------------------------------------------------------------------------------------------------------
Fixed - 30 Year 3,938 288,554,796.64 63.66 73,274 9.581 323 320 3 76.73
- -------------------------------------------------------------------------------------------------------------------------------
Balloon - 7/30 2 186,315.75 0.04 93,158 9.526 84 82 2 83.28
- -------------------------------------------------------------------------------------------------------------------------------
Balloon - 10/30 2 104,526.92 0.02 52,263 8.667 120 120 0 79.50
- -------------------------------------------------------------------------------------------------------------------------------
Balloon - 15/30 886 67,629,926.62 14.92 76,332 10.010 180 176 4 77.78
- -------------------------------------------------------------------------------------------------------------------------------
Balloon - 15/20 1 86,124.63 0.02 86,125 10.750 180 100 80 79.05
- -------------------------------------------------------------------------------------------------------------------------------
Total: 6,989 453,256,741.88 100.00 64,853 9.660 268 265 4 75.73
- -------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
- -----------------------------------------------------------------------
%
Cash % %
Out Full Own % % % %
Product Refi Doc Occ A B C D
- -----------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
Fixed - 15 Year 87.9 94.3 92.8 77.1 13.8 7.1 1.9
- ----------------------------------------------------------------------
Fixed - 30 Year 78.4 92.5 91.3 75.4 15.2 7.9 1.5
- ----------------------------------------------------------------------
Balloon - 7/30 68.1 100.0 100.0 31.9 68.1 0.0 0.0
- ----------------------------------------------------------------------
Balloon - 10/30 100.0 100.0 100.0 100.0 0.0 0.0 0.0
- ----------------------------------------------------------------------
Balloon - 15/30 67.3 90.0 88.3 65.1 22.6 10.3 2.0
- ----------------------------------------------------------------------
Balloon - 15/20 0.0 100.0 100.0 0.0 100.0 0.0 0.0
- ----------------------------------------------------------------------
Total: 78.8 92.5 91.1 74.2 16.0 8.1 1.7
- ----------------------------------------------------------------------
</TABLE>
<PAGE> 10
9. 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 OWN % % % %
INDEX TYPE 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>
Fixed Rate 6,989 453,256,741.88 100.00 64,853 9.660 268 265 4 75.73 78.8 92.5 91.1 74.2 16.0 8.1 1.7
- -----------------------------------------------------------------------------------------------------------------------------------
TOTAL: 6,989 453,256,741.88 100.00 64,853 9.660 268 265 4 75.73 78.8 92.5 91.1 74.2 16.0 8.1 1.7
- -----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 11
10. 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 A B C D
- ----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Balloon 891 68,006,893.92 15.00 76,326 10.008 180 175 4 77.80 67.2 90.1 88.4 65.0 22.8 10.3 2.0
- ----------------------------------------------------------------------------------------------------------------------------------
Non-Balloon 6,098 385,249,847.96 85.00 63,176 9.599 284 281 3 75.36 80.8 93.0 91.6 75.8 14.8 7.7 1.6
- ----------------------------------------------------------------------------------------------------------------------------------
TOTAL: 6,989 453,256,741.88 100.00 64,853 9.660 268 265 4 75.73 78.8 92.5 91.1 74.2 16.0 8.1 1.7
- ----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 12
11. 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 FULL OWN %
ORIGINAL TERM LOANS BALANCE BALANCE BALANCE COUPON TERM TERM AGE CLTV REFI DOC OCC A
- ---------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
1 - 60 49 1,249,568.03 0.28 25,501 9.963 60 59 1 56.82 100.0 96.8 92.9 82.8
- ---------------------------------------------------------------------------------------------------------------------------------
61 - 120 430 15,698,184.85 3.46 36,507 9.349 115 113 2 68.06 92.7 97.8 94.3 84.7
- ---------------------------------------------------------------------------------------------------------------------------------
121 - 180 2,572 147,754,192.36 32.60 57,447 9.845 179 174 6 74.74 77.8 91.9 90.6 70.7
- ---------------------------------------------------------------------------------------------------------------------------------
181 - 240 1,391 85,202,869.61 18.80 61,253 9.550 238 237 1 76.65 89.9 96.6 95.4 78.2
- ---------------------------------------------------------------------------------------------------------------------------------
241 - 300 60 4,767,035.17 1.05 79,451 9.062 298 297 2 78.17 84.5 97.8 98.2 82.2
- ---------------------------------------------------------------------------------------------------------------------------------
301 - 360 2,487 198,584,891.86 43.81 79,849 9.607 360 357 3 76.73 73.4 90.6 89.3 74.0
- ---------------------------------------------------------------------------------------------------------------------------------
TOTAL: 6,989 453,256,741.88 100.00 64,853 9.660 268 265 4 75.73 78.8 92.5 91.1 74.2
- ---------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
- ----------------------------------
% % %
ORIGINAL TERM B C D
- ----------------------------------
<S> <C> <C> <C>
1 - 60 11.6 5.6 0.0
- ----------------------------------
61 - 120 10.8 3.9 0.6
- ----------------------------------
121 - 180 18.3 8.9 2.1
- ----------------------------------
181 - 240 13.5 6.7 1.6
- ----------------------------------
241 - 300 14.1 3.7 0.0
- ----------------------------------
301 - 360 15.9 8.6 1.5
- ----------------------------------
TOTAL: 16.0 8.1 1.7
- ----------------------------------
</TABLE>
Minimum: 36
Maximum: 360
Weighted Average: 268.3
<PAGE> 13
12. 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
- ----------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
=< 0 1,421 91,589,006.59 20.21 64,454 9.477 268 268 0 77.32 87.3 96.3 91.2
- ----------------------------------------------------------------------------------------------------------------------
1 - 12 5,340 353,516,946.19 77.99 66,202 9.665 270 267 3 75.54 77.0 91.5 91.1
- ----------------------------------------------------------------------------------------------------------------------
13 - 24 8 657,013.48 0.14 82,127 9.550 336 321 15 70.27 69.3 93.7 65.8
- ----------------------------------------------------------------------------------------------------------------------
49 - 60 1 21,270.50 0.00 21,271 13.000 112 62 50 54.60 100.0 100.0 100.0
- ----------------------------------------------------------------------------------------------------------------------
73 - 84 195 7,080,119.57 1.56 36,308 11.633 179 100 80 65.83 60.8 94.7 93.2
- ----------------------------------------------------------------------------------------------------------------------
85 - 96 8 240,183.74 0.05 30,023 12.208 180 94 86 61.10 37.5 93.6 75.3
- ----------------------------------------------------------------------------------------------------------------------
97 - 108 5 42,810.96 0.01 8,562 12.689 168 67 101 58.66 100.0 94.3 76.5
- ----------------------------------------------------------------------------------------------------------------------
109 - 120 4 18,581.29 0.00 4,645 12.320 168 57 111 69.98 100.0 100.0 100.0
- ----------------------------------------------------------------------------------------------------------------------
121 - 132 3 38,600.92 0.01 12,867 14.943 180 51 129 41.76 41.4 82.8 100.0
- ----------------------------------------------------------------------------------------------------------------------
133 - 144 3 44,418.41 0.01 14,806 11.505 180 44 136 74.57 89.1 78.5 100.0
- ----------------------------------------------------------------------------------------------------------------------
145 - 156 1 7,790.23 0.00 7,790 16.500 180 32 148 38.23 100.0 100.0 0.0
- ----------------------------------------------------------------------------------------------------------------------
TOTAL: 6,989 453,256,741.88 100.00 64,853 9.660 268 265 4 75.73 78.8 92.5 91.1
- ----------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
- -------------------------------------
% % % %
SEASONING A B C D
- -------------------------------------
<S> <C> <C> <C> <C>
=< 0 75.8 18.1 4.5 1.6
- -------------------------------------
1 - 12 74.4 14.8 9.1 1.7
- -------------------------------------
13 - 24 72.5 7.8 19.7 0.0
- -------------------------------------
49 - 60 100.0 0.0 0.0 0.0
- -------------------------------------
73 - 84 42.9 51.3 4.3 1.5
- -------------------------------------
85 - 96 88.7 7.0 4.3 0.0
- -------------------------------------
97 - 108 51.3 25.2 23.5 0.0
- -------------------------------------
109 - 120 100.0 0.0 0.0 0.0
- -------------------------------------
121 - 132 0.0 0.0 100.0 0.0
- -------------------------------------
133 - 144 78.5 0.0 0.0 21.5
- -------------------------------------
145 - 156 0.0 0.0 0.0 100.0
- -------------------------------------
TOTAL: 74.2 16.0 8.1 1.7
- -------------------------------------
</TABLE>
Minimum: 0
Maximum: 148
Weighted Average: 3.6
<PAGE> 14
13. 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>
1 - 12 4 6,200.78 0.00 1,550 12.939 120 8 112 69.91 100.0 60.9 100.0
- --------------------------------------------------------------------------------------------------------------------------------
13 - 24 2 8,867.18 0.00 4,434 11.474 113 19 94 61.12 72.4 100.0 100.0
- --------------------------------------------------------------------------------------------------------------------------------
25 - 36 4 33,408.47 0.01 8,352 11.374 106 34 72 35.72 85.5 100.0 76.7
- --------------------------------------------------------------------------------------------------------------------------------
37 - 48 6 89,702.80 0.02 14,950 11.413 146 42 104 66.63 77.2 89.4 100.0
- --------------------------------------------------------------------------------------------------------------------------------
49 - 60 51 1,273,636.89 0.28 24,973 10.123 64 59 5 56.67 98.2 96.3 93.0
- --------------------------------------------------------------------------------------------------------------------------------
61 - 72 11 249,820.86 0.06 22,711 9.484 86 70 16 46.57 83.9 100.0 100.0
- --------------------------------------------------------------------------------------------------------------------------------
73 - 84 32 1,160,909.53 0.26 36,278 9.670 87 82 4 67.10 92.2 100.0 95.7
- --------------------------------------------------------------------------------------------------------------------------------
85 - 96 44 1,523,184.51 0.34 34,618 10.302 131 95 36 58.39 79.6 97.6 94.0
- --------------------------------------------------------------------------------------------------------------------------------
97 - 108 188 7,146,116.48 1.58 38,011 11.414 175 101 74 67.17 61.1 94.2 93.5
- --------------------------------------------------------------------------------------------------------------------------------
109 - 120 345 12,856,971.97 2.84 37,267 9.360 120 118 2 68.94 93.7 97.8 93.5
- --------------------------------------------------------------------------------------------------------------------------------
121 - 132 3 140,349.24 0.03 46,783 10.428 130 128 1 74.11 100.0 100.0 100.0
- --------------------------------------------------------------------------------------------------------------------------------
133 - 144 36 1,604,078.94 0.35 44,558 9.425 144 142 2 76.60 87.8 100.0 100.0
- --------------------------------------------------------------------------------------------------------------------------------
145 - 156 14 668,408.27 0.15 47,743 9.458 156 154 1 76.44 90.2 100.0 100.0
- --------------------------------------------------------------------------------------------------------------------------------
157 - 168 22 912,986.24 0.20 41,499 9.522 173 167 6 72.33 64.8 100.0 87.8
- --------------------------------------------------------------------------------------------------------------------------------
169 - 180 2,289 137,027,303.08 30.23 59,863 9.754 180 178 2 75.22 78.6 91.6 90.3
- --------------------------------------------------------------------------------------------------------------------------------
181 - 192 5 264,135.01 0.06 52,827 8.967 188 184 4 77.72 100.0 100.0 100.0
- --------------------------------------------------------------------------------------------------------------------------------
193 - 204 14 785,302.00 0.17 56,093 9.414 203 202 1 74.55 74.8 100.0 100.0
- --------------------------------------------------------------------------------------------------------------------------------
205 - 216 7 365,440.37 0.08 52,206 9.255 216 214 2 75.05 81.7 100.0 100.0
- --------------------------------------------------------------------------------------------------------------------------------
217 - 228 72 3,598,413.52 0.79 49,978 9.602 229 227 2 74.14 90.6 96.6 96.1
- --------------------------------------------------------------------------------------------------------------------------------
229 - 240 1,293 80,189,578.71 17.69 62,018 9.552 240 238 1 76.79 90.0 96.6 95.2
- --------------------------------------------------------------------------------------------------------------------------------
253 - 264 3 132,171.54 0.03 44,057 8.814 263 258 5 81.74 65.3 34.7 100.0
- --------------------------------------------------------------------------------------------------------------------------------
265 - 276 3 128,665.15 0.03 42,888 9.539 272 271 1 75.51 68.4 100.0 100.0
- --------------------------------------------------------------------------------------------------------------------------------
289 - 300 54 4,506,198.48 0.99 83,448 9.056 300 298 2 78.14 85.6 99.6 98.1
- --------------------------------------------------------------------------------------------------------------------------------
301 - 312 1 56,959.69 0.01 56,960 9.750 312 312 0 76.00 100.0 100.0 100.0
- --------------------------------------------------------------------------------------------------------------------------------
313 - 324 3 397,622.21 0.09 132,541 8.160 324 324 0 63.17 13.8 100.0 100.0
- --------------------------------------------------------------------------------------------------------------------------------
325 - 336 1 62,846.44 0.01 62,846 10.425 336 335 1 85.00 0.0 100.0 100.0
- --------------------------------------------------------------------------------------------------------------------------------
337 - 348 37 2,562,781.56 0.57 69,264 9.670 359 347 12 74.95 67.4 96.1 73.3
- --------------------------------------------------------------------------------------------------------------------------------
349 - 360 2,445 195,504,681.96 43.13 79,961 9.609 360 357 3 76.78 73.6 90.6 89.5
- --------------------------------------------------------------------------------------------------------------------------------
TOTAL: 6,989 453,256,741.88 100.00 64,853 9.660 268 265 4 75.73 78.8 92.5 91.1
- --------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
- --------------------------------------------
REMAINING TERM % % % %
TO STATED MATURITY A B C D
- ----------------------------------------------
<S> <C> <C> <C> <C>
1 - 12 100.0 0.0 0.0 0.0
- ----------------------------------------------
13 - 24 100.0 0.0 0.0 0.0
- ----------------------------------------------
25 - 36 76.7 0.0 0.0 23.3
- ----------------------------------------------
37 - 48 68.9 20.5 0.0 10.6
- ----------------------------------------------
49 - 60 80.1 11.4 8.6 0.0
- ----------------------------------------------
61 - 72 90.1 0.0 9.9 0.0
- ----------------------------------------------
73 - 84 81.9 15.3 0.9 2.0
- ----------------------------------------------
85 - 96 81.4 15.8 2.7 0.0
- ----------------------------------------------
97 - 108 44.6 49.9 4.0 1.5
- ----------------------------------------------
109 - 120 84.6 10.4 4.5 0.6
- ----------------------------------------------
121 - 132 86.6 0.0 13.4 0.0
- ----------------------------------------------
133 - 144 84.4 5.6 9.9 0.0
- ----------------------------------------------
145 - 156 82.5 17.5 0.0 0.0
- ----------------------------------------------
157 - 168 74.6 3.9 19.2 2.3
- ----------------------------------------------
169 - 180 71.8 16.9 9.1 2.2
- ----------------------------------------------
181 - 192 87.9 12.1 0.0 0.0
- ----------------------------------------------
193 - 204 85.3 9.1 5.6 0.0
- ----------------------------------------------
205 - 216 100.0 0.0 0.0 0.0
- ----------------------------------------------
217 - 228 76.9 17.3 4.3 1.5
- ----------------------------------------------
229 - 240 78.1 13.5 6.8 1.7
- ----------------------------------------------
253 - 264 100.0 0.0 0.0 0.0
- ----------------------------------------------
265 - 276 100.0 0.0 0.0 0.0
- ----------------------------------------------
289 - 300 81.2 14.9 3.9 0.0
- ----------------------------------------------
301 - 312 100.0 0.0 0.0 0.0
- ----------------------------------------------
313 - 324 100.0 0.0 0.0 0.0
- ----------------------------------------------
325 - 336 100.0 0.0 0.0 0.0
- ----------------------------------------------
337 - 348 72.8 12.9 9.7 4.6
- ----------------------------------------------
349 - 360 74.0 16.0 8.6 1.5
- ----------------------------------------------
TOTAL: 74.2 16.0 8.1 1.7
- ----------------------------------------------
</TABLE>
Minimum: 2
Maximum: 360
Weighted Average: 264.7
<PAGE> 15
14. 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>
1986 2 12,648.80 0.00 6,324 14.387 180 34 146 41.20 61.6 100.0 38.4
- ---------------------------------------------------------------------------------------------------------------------------------
1987 3 62,168.84 0.01 20,723 13.176 180 47 133 62.23 63.6 84.7 100.0
- ---------------------------------------------------------------------------------------------------------------------------------
1988 3 17,229.00 0.00 5,743 13.267 176 48 128 54.08 100.0 61.4 100.0
- ---------------------------------------------------------------------------------------------------------------------------------
1989 4 19,767.39 0.00 4,942 12.747 165 55 110 69.90 100.0 87.7 100.0
- ---------------------------------------------------------------------------------------------------------------------------------
1990 4 40,387.78 0.01 10,097 12.551 170 70 100 57.71 100.0 100.0 75.1
- ---------------------------------------------------------------------------------------------------------------------------------
1991 48 1,848,098.77 0.41 38,502 12.348 180 96 83 55.05 62.4 90.0 86.1
- ---------------------------------------------------------------------------------------------------------------------------------
1992 155 5,472,204.54 1.21 35,305 11.417 179 101 79 69.26 59.2 96.3 94.9
- ---------------------------------------------------------------------------------------------------------------------------------
1994 1 21,270.50 0.00 21,271 13.000 112 62 50 54.60 100.0 100.0 100.0
- ---------------------------------------------------------------------------------------------------------------------------------
1996 1 43,606.52 0.01 43,607 9.750 360 338 22 70.00 100.0 100.0 0.0
- ---------------------------------------------------------------------------------------------------------------------------------
1997 528 36,160,891.43 7.98 68,487 9.436 320 310 10 73.78 71.2 94.9 82.3
- ---------------------------------------------------------------------------------------------------------------------------------
1998 6,240 409,558,468.31 90.36 65,634 9.643 265 264 2 76.08 79.8 92.3 91.9
- ---------------------------------------------------------------------------------------------------------------------------------
TOTAL: 6,989 453,256,741.88 100.00 64,853 9.660 268 265 4 75.73 78.8 92.5 91.1
- ---------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
- ----------------------------------------------
% % % %
YEAR OF ORIGINATION A B C D
- -----------------------------------------------
<S> <C> <C> <C> <C>
1986 38.4 0.0 0.0 61.6
- -----------------------------------------------
1987 48.3 0.0 36.4 15.3
- -----------------------------------------------
1988 7.2 0.0 92.8 0.0
- -----------------------------------------------
1989 100.0 0.0 0.0 0.0
- -----------------------------------------------
1990 48.4 26.7 24.9 0.0
- -----------------------------------------------
1991 48.3 49.5 2.2 0.0
- -----------------------------------------------
1992 43.1 50.0 5.0 1.9
- -----------------------------------------------
1994 100.0 0.0 0.0 0.0
- -----------------------------------------------
1996 100.0 0.0 0.0 0.0
- -----------------------------------------------
1997 64.3 16.8 16.9 2.0
- -----------------------------------------------
1998 75.6 15.3 7.4 1.7
- -----------------------------------------------
TOTAL: 74.2 16.0 8.1 1.7
- -----------------------------------------------
</TABLE>
Minimum: 1986-06-18
Maximum: 1998-11-01
<PAGE> 16
15. 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 A B C D
- ----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
1986 2 12,648.80 0.00 6,324 14.387 180 34 146 41.20 61.6 100.0 38.4 38.4 0.0 0.0 61.6
- ----------------------------------------------------------------------------------------------------------------------------------
1987 2 39,559.84 0.01 19,780 11.567 180 45 135 78.09 100.0 75.9 100.0 75.9 0.0 0.0 24.1
- ----------------------------------------------------------------------------------------------------------------------------------
1988 3 38,600.92 0.01 12,867 14.943 180 51 129 41.76 41.4 82.8 100.0 0.0 0.0 100.0 0.0
- ----------------------------------------------------------------------------------------------------------------------------------
1989 5 21,004.47 0.00 4,201 12.630 162 52 111 70.51 100.0 88.5 100.0 100.0 0.0 0.0 0.0
- ----------------------------------------------------------------------------------------------------------------------------------
1990 4 40,387.78 0.01 10,097 12.551 170 70 100 57.71 100.0 100.0 75.1 48.4 26.7 24.9 0.0
- ----------------------------------------------------------------------------------------------------------------------------------
1991 38 1,484,772.67 0.33 39,073 12.317 179 96 83 58.07 59.3 92.9 88.8 47.8 49.4 2.8 0.0
- ----------------------------------------------------------------------------------------------------------------------------------
1992 165 5,835,530.64 1.29 35,367 11.483 179 101 79 67.61 60.2 95.1 93.6 43.6 50.0 4.7 1.8
- ----------------------------------------------------------------------------------------------------------------------------------
1994 1 21,270.50 0.00 21,271 13.000 112 62 50 54.60 100.0 100.0 100.0 100.0 0.0 0.0 0.0
- ----------------------------------------------------------------------------------------------------------------------------------
1996 1 43,606.52 0.01 43,607 9.750 360 338 22 70.00 100.0 100.0 0.0 100.0 0.0 0.0 0.0
- ----------------------------------------------------------------------------------------------------------------------------------
1997 217 14,653,216.92 3.23 67,526 9.535 322 312 11 73.52 65.6 94.9 79.7 62.4 18.9 15.6 3.1
- ----------------------------------------------------------------------------------------------------------------------------------
1998 6,551 431,066,142.82 95.10 65,802 9.629 268 266 2 75.98 79.5 92.4 91.5 75.1 15.3 7.9 1.6
- ----------------------------------------------------------------------------------------------------------------------------------
TOTAL: 6,989 453,256,741.88 100.00 64,853 9.660 268 265 4 75.73 78.8 92.5 91.1 74.2 16.0 8.1 1.7
- ----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
Minimum: 1986-07-24
Maximum: 1998-12-10
<PAGE> 17
16. 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 A B C D
- ----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
1998 1 1,237.08 0.00 1,237 10.750 120 2 118 80.29 100.0 100.0 100.0 100.0 0.0 0.0 0.0
- ----------------------------------------------------------------------------------------------------------------------------------
1999 3 4,963.70 0.00 1,655 13.484 120 9 111 67.32 100.0 51.2 100.0 100.0 0.0 0.0 0.0
- ----------------------------------------------------------------------------------------------------------------------------------
2000 2 8,867.18 0.00 4,434 11.474 113 19 94 61.12 72.4 100.0 100.0 100.0 0.0 0.0 0.0
- ----------------------------------------------------------------------------------------------------------------------------------
2001 5 41,477.17 0.01 8,295 11.610 109 35 74 33.62 88.3 100.0 81.2 61.8 19.5 0.0 18.8
- ----------------------------------------------------------------------------------------------------------------------------------
2002 6 104,243.10 0.02 17,374 12.315 156 44 111 62.88 58.7 90.8 100.0 59.3 9.9 21.7 9.2
- ----------------------------------------------------------------------------------------------------------------------------------
2003 51 1,272,298.39 0.28 24,947 10.067 62 59 3 57.02 100.0 96.3 93.0 81.8 11.4 6.8 0.0
- ----------------------------------------------------------------------------------------------------------------------------------
2004 10 228,550.36 0.05 22,855 9.156 83 70 13 45.83 82.4 100.0 100.0 89.2 0.0 10.8 0.0
- ----------------------------------------------------------------------------------------------------------------------------------
2005 32 1,160,909.53 0.26 36,278 9.670 87 82 4 67.10 92.2 100.0 95.7 81.9 15.3 0.9 2.0
- ----------------------------------------------------------------------------------------------------------------------------------
2006 65 2,610,890.67 0.58 40,168 11.161 152 96 56 58.72 71.2 93.6 92.8 64.9 33.5 1.6 0.0
- ----------------------------------------------------------------------------------------------------------------------------------
2007 176 6,393,237.11 1.41 36,325 11.115 171 102 69 68.43 63.5 94.8 92.6 47.5 46.1 4.7 1.6
- ----------------------------------------------------------------------------------------------------------------------------------
2008 336 12,522,145.18 2.76 37,268 9.376 120 119 1 69.03 93.5 98.1 94.2 84.4 10.6 4.4 0.6
- ----------------------------------------------------------------------------------------------------------------------------------
2009 3 140,349.24 0.03 46,783 10.428 130 128 1 74.11 100.0 100.0 100.0 86.6 0.0 13.4 0.0
- ----------------------------------------------------------------------------------------------------------------------------------
2010 36 1,604,078.94 0.35 44,558 9.425 144 142 2 76.60 87.8 100.0 100.0 84.4 5.6 9.9 0.0
- ----------------------------------------------------------------------------------------------------------------------------------
2011 14 668,408.27 0.15 47,743 9.458 156 154 1 76.44 90.2 100.0 100.0 82.5 17.5 0.0 0.0
- ----------------------------------------------------------------------------------------------------------------------------------
2012 85 3,981,627.25 0.88 46,843 9.243 178 169 9 67.29 72.6 97.2 86.6 61.7 13.4 24.4 0.5
- ----------------------------------------------------------------------------------------------------------------------------------
2013 2,227 134,005,465.78 29.57 60,173 9.767 180 178 2 75.44 78.7 91.5 90.4 72.2 16.9 8.7 2.2
- ----------------------------------------------------------------------------------------------------------------------------------
2014 4 217,331.30 0.05 54,333 9.046 187 185 2 77.74 100.0 100.0 100.0 85.3 14.7 0.0 0.0
- ----------------------------------------------------------------------------------------------------------------------------------
2015 14 785,302.00 0.17 56,093 9.414 203 202 1 74.55 74.8 100.0 100.0 85.3 9.1 5.6 0.0
- ----------------------------------------------------------------------------------------------------------------------------------
2016 9 426,363.72 0.09 47,374 9.522 216 215 2 75.54 78.8 100.0 100.0 85.7 14.3 0.0 0.0
- ----------------------------------------------------------------------------------------------------------------------------------
2017 94 4,891,246.49 1.08 52,035 9.436 232 228 4 72.86 85.5 94.3 94.1 72.5 16.4 10.0 1.1
- ----------------------------------------------------------------------------------------------------------------------------------
2018 1,269 78,835,822.39 17.39 62,124 9.560 240 238 1 76.91 90.3 96.7 95.3 78.4 13.4 6.5 1.7
- ----------------------------------------------------------------------------------------------------------------------------------
2020 3 132,171.54 0.03 44,057 8.814 263 258 5 81.74 65.3 34.7 100.0 100.0 0.0 0.0 0.0
- ----------------------------------------------------------------------------------------------------------------------------------
2021 3 128,665.15 0.03 42,888 9.539 272 271 1 75.51 68.4 100.0 100.0 100.0 0.0 0.0 0.0
- ----------------------------------------------------------------------------------------------------------------------------------
2022 3 165,527.21 0.04 55,176 8.167 300 290 10 57.48 27.5 100.0 72.5 58.5 0.0 41.5 0.0
- ----------------------------------------------------------------------------------------------------------------------------------
2023 51 4,340,671.27 0.96 85,111 9.090 300 299 1 78.93 87.8 99.5 99.1 82.0 15.5 2.5 0.0
- ----------------------------------------------------------------------------------------------------------------------------------
2024 1 56,959.69 0.01 56,960 9.750 312 312 0 76.00 100.0 100.0 100.0 100.0 0.0 0.0 0.0
- ----------------------------------------------------------------------------------------------------------------------------------
2025 3 397,622.21 0.09 132,541 8.160 324 324 0 63.17 13.8 100.0 100.0 100.0 0.0 0.0 0.0
- ----------------------------------------------------------------------------------------------------------------------------------
2026 2 106,452.96 0.02 53,226 10.148 346 336 10 78.86 41.0 100.0 59.0 100.0 0.0 0.0 0.0
- ----------------------------------------------------------------------------------------------------------------------------------
2027 275 20,715,345.96 4.57 75,329 9.574 360 350 10 75.39 65.5 95.6 80.2 65.0 18.0 14.5 2.5
- ----------------------------------------------------------------------------------------------------------------------------------
2028 2,206 177,308,511.04 39.12 80,376 9.614 360 358 2 76.91 74.4 90.0 90.4 75.0 15.7 7.9 1.4
- ----------------------------------------------------------------------------------------------------------------------------------
TOTAL: 6,989 453,256,741.88 100.00 64,853 9.660 268 265 4 75.73 78.8 92.5 91.1 74.2 16.0 8.1 1.7
- ----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
Minimum: 1998-12-01
Maximum: 2028-11-10
<PAGE> 18
17. 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 A B C D
- ----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
0 - 29 6,737 437,734,981.45 96.58 64,975 9.630 268 264 3 75.73 79.2 92.6 91.5 75.1 15.7 7.6 1.6
- ----------------------------------------------------------------------------------------------------------------------------------
30 - 59 252 15,521,760.43 3.42 61,594 10.514 285 278 7 75.59 66.9 89.4 81.0 49.7 23.9 23.8 2.6
- ----------------------------------------------------------------------------------------------------------------------------------
TOTAL: 6,989 453,256,741.88 100.00 64,853 9.660 268 265 4 75.73 78.8 92.5 91.1 74.2 16.0 8.1 1.7
- ----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
Minimum: 0
Maximum: 59
Weighted Average: 2.3
<PAGE> 19
18. 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>
Alabama 36 1,817,935.59 0.40 50,498 9.942 276 275 1 76.98 78.3 93.6 96.9
- --------------------------------------------------------------------------------------------------------------------
Alaska 2 339,739.99 0.07 169,870 9.851 349 346 3 79.99 6.2 100.0 6.2
- --------------------------------------------------------------------------------------------------------------------
Arizona 194 12,183,859.27 2.69 62,803 9.525 295 293 1 76.93 88.4 90.8 92.4
- --------------------------------------------------------------------------------------------------------------------
Arkansas 67 3,264,651.60 0.72 48,726 9.690 249 248 1 78.20 90.2 98.5 97.7
- --------------------------------------------------------------------------------------------------------------------
California 404 38,058,403.89 8.40 94,204 9.344 304 296 7 75.07 71.3 87.3 84.6
- --------------------------------------------------------------------------------------------------------------------
Colorado 91 7,192,337.36 1.59 79,037 9.359 286 283 2 75.36 85.3 92.8 93.9
- --------------------------------------------------------------------------------------------------------------------
Connecticut 52 3,228,352.92 0.71 62,084 9.512 276 262 13 71.56 70.0 92.2 91.0
- --------------------------------------------------------------------------------------------------------------------
Delaware 24 1,826,140.48 0.40 76,089 8.786 252 250 2 78.87 56.2 95.4 90.0
- --------------------------------------------------------------------------------------------------------------------
District of Columbia 13 774,314.34 0.17 59,563 10.370 213 192 21 66.83 95.6 100.0 100.0
- --------------------------------------------------------------------------------------------------------------------
Florida 436 28,519,965.59 6.29 65,413 9.695 279 276 3 76.23 70.7 90.6 88.7
- --------------------------------------------------------------------------------------------------------------------
Georgia 225 14,438,925.86 3.19 64,173 9.695 273 269 3 77.62 74.9 91.1 90.2
- --------------------------------------------------------------------------------------------------------------------
Hawaii 8 942,085.25 0.21 117,761 9.187 351 348 3 72.64 73.9 74.1 74.1
- --------------------------------------------------------------------------------------------------------------------
Idaho 25 1,534,768.38 0.34 61,391 9.450 265 264 1 76.19 83.6 94.1 92.1
- --------------------------------------------------------------------------------------------------------------------
Illinois 261 18,986,275.66 4.19 72,744 9.320 248 247 2 76.23 74.7 94.2 91.0
- --------------------------------------------------------------------------------------------------------------------
Indiana 265 14,347,848.45 3.17 54,143 9.794 278 275 4 77.41 73.4 95.0 91.9
- --------------------------------------------------------------------------------------------------------------------
Iowa 67 3,091,957.03 0.68 46,149 9.979 221 219 2 76.13 79.0 99.7 96.1
- --------------------------------------------------------------------------------------------------------------------
Kansas 87 5,140,187.17 1.13 59,083 9.804 233 231 2 77.98 76.1 95.4 95.8
- --------------------------------------------------------------------------------------------------------------------
Kentucky 130 8,027,412.21 1.77 61,749 9.455 272 270 2 77.32 78.6 96.1 98.5
- --------------------------------------------------------------------------------------------------------------------
Louisiana 93 5,030,760.06 1.11 54,094 9.570 251 249 2 75.96 83.7 93.2 96.9
- --------------------------------------------------------------------------------------------------------------------
Maine 36 2,022,941.97 0.45 56,193 10.290 259 254 5 73.74 79.0 88.5 97.2
- --------------------------------------------------------------------------------------------------------------------
Maryland 182 13,270,070.82 2.93 72,912 9.532 254 249 5 74.48 80.5 94.8 94.2
- --------------------------------------------------------------------------------------------------------------------
Massachusetts 94 7,274,674.86 1.60 77,390 9.668 273 268 5 71.32 77.4 91.4 90.9
- --------------------------------------------------------------------------------------------------------------------
Michigan 639 35,424,644.88 7.82 55,438 10.318 272 269 3 75.48 80.5 91.9 88.7
- --------------------------------------------------------------------------------------------------------------------
Minnesota 58 3,864,120.17 0.85 66,623 9.703 249 247 2 75.91 77.4 87.8 96.0
- --------------------------------------------------------------------------------------------------------------------
Mississippi 57 2,521,135.33 0.56 44,230 9.878 239 237 2 78.11 82.2 95.0 98.8
- --------------------------------------------------------------------------------------------------------------------
Missouri 243 13,150,606.53 2.90 54,118 9.979 229 227 2 76.75 83.4 97.2 95.3
- --------------------------------------------------------------------------------------------------------------------
Montana 13 826,055.74 0.18 63,543 9.718 307 304 3 75.12 96.6 100.0 100.0
- --------------------------------------------------------------------------------------------------------------------
Nebraska 42 2,255,454.12 0.50 53,701 10.383 217 215 2 78.45 100.0 100.0 100.0
- --------------------------------------------------------------------------------------------------------------------
Nevada 45 4,262,403.98 0.94 94,720 9.348 301 300 1 76.53 64.2 91.1 93.0
- --------------------------------------------------------------------------------------------------------------------
New Hampshire 26 1,779,500.65 0.39 68,442 9.606 287 285 2 73.15 89.1 94.2 77.8
- --------------------------------------------------------------------------------------------------------------------
New Jersey 156 12,546,930.34 2.77 80,429 9.775 241 231 10 71.54 71.5 88.3 95.1
- --------------------------------------------------------------------------------------------------------------------
New Mexico 47 3,270,910.22 0.72 69,594 9.482 298 297 1 76.93 91.1 96.8 94.0
- --------------------------------------------------------------------------------------------------------------------
New York 276 20,985,261.05 4.63 76,034 9.537 286 277 9 71.34 80.4 95.5 88.7
- --------------------------------------------------------------------------------------------------------------------
North Carolina 237 14,383,470.52 3.17 60,690 9.876 258 256 2 77.50 76.7 91.5 93.4
- --------------------------------------------------------------------------------------------------------------------
North Dakota 4 185,796.84 0.04 46,449 9.018 257 256 1 82.35 100.0 100.0 100.0
- --------------------------------------------------------------------------------------------------------------------
Ohio 482 31,087,356.62 6.86 64,497 9.096 267 264 3 76.68 78.0 95.9 89.5
- --------------------------------------------------------------------------------------------------------------------
Oklahoma 101 4,923,147.30 1.09 48,744 9.800 235 233 1 78.73 91.5 97.6 96.6
- --------------------------------------------------------------------------------------------------------------------
Oregon 94 8,721,507.20 1.92 92,782 9.304 290 288 2 75.52 78.9 90.9 92.9
- --------------------------------------------------------------------------------------------------------------------
Pennsylvania 451 24,525,474.79 5.41 54,380 9.456 241 239 2 76.57 83.2 95.5 92.9
- --------------------------------------------------------------------------------------------------------------------
Rhode Island 30 1,942,754.58 0.43 64,758 9.776 240 228 12 74.07 55.7 93.0 64.8
- --------------------------------------------------------------------------------------------------------------------
South Carolina 116 6,582,668.83 1.45 56,747 10.167 259 258 2 78.06 85.3 85.2 90.7
- --------------------------------------------------------------------------------------------------------------------
South Dakota 10 520,787.75 0.11 52,079 10.094 227 226 1 78.71 90.2 100.0 95.8
- --------------------------------------------------------------------------------------------------------------------
Tennessee 196 12,736,299.00 2.81 64,981 9.625 265 263 2 78.24 82.7 93.2 95.6
- --------------------------------------------------------------------------------------------------------------------
Texas 295 16,491,434.49 3.64 55,903 10.544 269 266 3 72.48 78.6 83.3 93.3
- --------------------------------------------------------------------------------------------------------------------
Utah 67 4,991,404.18 1.10 74,499 9.575 278 276 2 72.38 93.6 93.4 92.1
- --------------------------------------------------------------------------------------------------------------------
Vermont 13 812,268.53 0.18 62,482 9.624 273 272 1 67.14 86.7 100.0 100.0
- --------------------------------------------------------------------------------------------------------------------
Virginia 188 11,689,765.16 2.58 62,180 9.692 246 243 3 77.04 87.7 96.4 89.2
- --------------------------------------------------------------------------------------------------------------------
Washington 145 12,651,969.36 2.79 87,255 9.569 287 285 2 76.96 84.8 94.1 91.5
- --------------------------------------------------------------------------------------------------------------------
West Virginia 83 4,196,639.87 0.93 50,562 9.577 243 241 2 76.49 91.2 93.5 96.6
- --------------------------------------------------------------------------------------------------------------------
Wisconsin 76 4,268,886.86 0.94 56,170 9.703 276 273 3 76.00 68.0 88.8 83.3
- --------------------------------------------------------------------------------------------------------------------
Wyoming 7 344,478.24 0.08 49,211 9.628 220 218 2 72.47 83.9 100.0 100.0
- --------------------------------------------------------------------------------------------------------------------
TOTAL: 6,989 453,256,741.88 100.00 64,853 9.660 268 265 4 75.73 78.8 92.5 91.1
- --------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
- ------------------------------------------------
GEOGRAPHIC
DISTRIBUTION % % % %
BY STATE A B C D
- ------------------------------------------------
<S> <C> <C> <C> <C>
Alabama 66.6 28.1 5.3 0.0
- ------------------------------------------------
Alaska 93.8 0.0 0.0 6.2
- ------------------------------------------------
Arizona 73.1 19.1 6.6 1.2
- ------------------------------------------------
Arkansas 73.0 18.0 5.7 3.2
- ------------------------------------------------
California 78.3 16.2 3.9 1.5
- ------------------------------------------------
Colorado 85.1 11.0 3.1 0.8
- ------------------------------------------------
Connecticut 81.7 12.2 6.1 0.0
- ------------------------------------------------
Delaware 84.4 15.6 0.0 0.0
- ------------------------------------------------
District of Columbia 47.2 44.1 8.7 0.0
- ------------------------------------------------
Florida 66.1 20.5 10.4 3.0
- ------------------------------------------------
Georgia 71.1 19.6 7.4 1.9
- ------------------------------------------------
Hawaii 71.9 0.0 28.1 0.0
- ------------------------------------------------
Idaho 86.2 12.1 1.7 0.0
- ------------------------------------------------
Illinois 78.2 14.0 5.2 2.6
- ------------------------------------------------
Indiana 66.3 17.8 14.4 1.5
- ------------------------------------------------
Iowa 70.5 21.1 8.4 0.0
- ------------------------------------------------
Kansas 77.8 11.5 8.6 2.1
- ------------------------------------------------
Kentucky 75.5 12.0 9.8 2.7
- ------------------------------------------------
Louisiana 72.4 15.1 11.9 0.6
- ------------------------------------------------
Maine 56.6 37.0 3.0 3.4
- ------------------------------------------------
Maryland 73.4 16.5 8.4 1.8
- ------------------------------------------------
Massachusetts 86.2 5.4 6.1 2.3
- ------------------------------------------------
Michigan 64.7 18.7 14.9 1.7
- ------------------------------------------------
Minnesota 76.8 14.9 8.3 0.0
- ------------------------------------------------
Mississippi 68.7 16.9 7.4 7.0
- ------------------------------------------------
Missouri 72.8 16.6 8.5 2.1
- ------------------------------------------------
Montana 76.4 20.2 3.4 0.0
- ------------------------------------------------
Nebraska 61.7 25.6 11.4 1.3
- ------------------------------------------------
Nevada 74.9 17.3 5.3 2.5
- ------------------------------------------------
New Hampshire 94.0 6.0 0.0 0.0
- ------------------------------------------------
New Jersey 79.3 15.7 5.0 0.0
- ------------------------------------------------
New Mexico 82.5 9.8 6.9 0.8
- ------------------------------------------------
New York 76.0 14.5 9.2 0.3
- ------------------------------------------------
North Carolina 68.0 19.0 9.2 3.8
- ------------------------------------------------
North Dakota 100.0 0.0 0.0 0.0
- ------------------------------------------------
Ohio 79.1 14.1 5.8 1.1
- ------------------------------------------------
Oklahoma 77.3 13.7 9.0 0.0
- ------------------------------------------------
Oregon 83.8 9.1 7.1 0.0
- ------------------------------------------------
Pennsylvania 76.0 15.6 6.0 2.5
- ------------------------------------------------
Rhode Island 85.0 10.6 4.3 0.0
- ------------------------------------------------
South Carolina 65.6 23.1 8.2 3.2
- ------------------------------------------------
South Dakota 59.2 19.4 6.9 14.6
- ------------------------------------------------
Tennessee 67.3 19.8 12.1 0.8
- ------------------------------------------------
Texas 71.9 15.8 11.0 1.3
- ------------------------------------------------
Utah 77.6 16.9 5.5 0.0
- ------------------------------------------------
Vermont 87.0 0.0 8.6 4.4
- ------------------------------------------------
Virginia 73.2 14.4 9.6 2.8
- ------------------------------------------------
Washington 86.3 9.7 3.7 0.4
- ------------------------------------------------
West Virginia 78.6 8.2 9.0 4.1
- ------------------------------------------------
Wisconsin 74.1 13.7 10.5 1.7
- ------------------------------------------------
Wyoming 83.8 0.0 16.2 0.0
- ------------------------------------------------
TOTAL: 74.2 16.0 8.1 1.7
- ------------------------------------------------
</TABLE>
<PAGE> 20
19. 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 404 38,058,403.89 8.40 94,204 9.344 304 296 7 75.07 71.3 87.3 84.6
- ----------------------------------------------------------------------------------------------------------------------------------
Michigan 639 35,424,644.88 7.82 55,438 10.318 272 269 3 75.48 80.5 91.9 88.7
- ----------------------------------------------------------------------------------------------------------------------------------
Ohio 482 31,087,356.62 6.86 64,497 9.096 267 264 3 76.68 78.0 95.9 89.5
- ----------------------------------------------------------------------------------------------------------------------------------
Florida 436 28,519,965.59 6.29 65,413 9.695 279 276 3 76.23 70.7 90.6 88.7
- ----------------------------------------------------------------------------------------------------------------------------------
Pennsylvania 451 24,525,474.79 5.41 54,380 9.456 241 239 2 76.57 83.2 95.5 92.9
- ----------------------------------------------------------------------------------------------------------------------------------
New York 276 20,985,261.05 4.63 76,034 9.537 286 277 9 71.34 80.4 95.5 88.7
- ----------------------------------------------------------------------------------------------------------------------------------
Illinois 261 18,986,275.66 4.19 72,744 9.320 248 247 2 76.23 74.7 94.2 91.0
- ----------------------------------------------------------------------------------------------------------------------------------
Texas 295 16,491,434.49 3.64 55,903 10.544 269 266 3 72.48 78.6 83.3 93.3
- ----------------------------------------------------------------------------------------------------------------------------------
Georgia 225 14,438,925.86 3.19 64,173 9.695 273 269 3 77.62 74.9 91.1 90.2
- ----------------------------------------------------------------------------------------------------------------------------------
North Carolina 237 14,383,470.52 3.17 60,690 9.876 258 256 2 77.50 76.7 91.5 93.4
- ----------------------------------------------------------------------------------------------------------------------------------
Indiana 265 14,347,848.45 3.17 54,143 9.794 278 275 4 77.41 73.4 95.0 91.9
- ----------------------------------------------------------------------------------------------------------------------------------
Maryland 182 13,270,070.82 2.93 72,912 9.532 254 249 5 74.48 80.5 94.8 94.2
- ----------------------------------------------------------------------------------------------------------------------------------
Missouri 243 13,150,606.53 2.90 54,118 9.979 229 227 2 76.75 83.4 97.2 95.3
- ----------------------------------------------------------------------------------------------------------------------------------
Tennessee 196 12,736,299.00 2.81 64,981 9.625 265 263 2 78.24 82.7 93.2 95.6
- ----------------------------------------------------------------------------------------------------------------------------------
Washington 145 12,651,969.36 2.79 87,255 9.569 287 285 2 76.96 84.8 94.1 91.5
- ----------------------------------------------------------------------------------------------------------------------------------
New Jersey 156 12,546,930.34 2.77 80,429 9.775 241 231 10 71.54 71.5 88.3 95.1
- ----------------------------------------------------------------------------------------------------------------------------------
Arizona 194 12,183,859.27 2.69 62,803 9.525 295 293 1 76.93 88.4 90.8 92.4
- ----------------------------------------------------------------------------------------------------------------------------------
Virginia 188 11,689,765.16 2.58 62,180 9.692 246 243 3 77.04 87.7 96.4 89.2
- ----------------------------------------------------------------------------------------------------------------------------------
Oregon 94 8,721,507.20 1.92 92,782 9.304 290 288 2 75.52 78.9 90.9 92.9
- ----------------------------------------------------------------------------------------------------------------------------------
Kentucky 130 8,027,412.21 1.77 61,749 9.455 272 270 2 77.32 78.6 96.1 98.5
- ----------------------------------------------------------------------------------------------------------------------------------
Massachusetts 94 7,274,674.86 1.60 77,390 9.668 273 268 5 71.32 77.4 91.4 90.9
- ----------------------------------------------------------------------------------------------------------------------------------
Colorado 91 7,192,337.36 1.59 79,037 9.359 286 283 2 75.36 85.3 92.8 93.9
- ----------------------------------------------------------------------------------------------------------------------------------
South Carolina 116 6,582,668.83 1.45 56,747 10.167 259 258 2 78.06 85.3 85.2 90.7
- ----------------------------------------------------------------------------------------------------------------------------------
Kansas 87 5,140,187.17 1.13 59,083 9.804 233 231 2 77.98 76.1 95.4 95.8
- ----------------------------------------------------------------------------------------------------------------------------------
Louisiana 93 5,030,760.06 1.11 54,094 9.570 251 249 2 75.96 83.7 93.2 96.9
- ----------------------------------------------------------------------------------------------------------------------------------
Utah 67 4,991,404.18 1.10 74,499 9.575 278 276 2 72.38 93.6 93.4 92.1
- ----------------------------------------------------------------------------------------------------------------------------------
Oklahoma 101 4,923,147.30 1.09 48,744 9.800 235 233 1 78.73 91.5 97.6 96.6
- ----------------------------------------------------------------------------------------------------------------------------------
Wisconsin 76 4,268,886.86 0.94 56,170 9.703 276 273 3 76.00 68.0 88.8 83.3
- ----------------------------------------------------------------------------------------------------------------------------------
Nevada 45 4,262,403.98 0.94 94,720 9.348 301 300 1 76.53 64.2 91.1 93.0
- ----------------------------------------------------------------------------------------------------------------------------------
West Virginia 83 4,196,639.87 0.93 50,562 9.577 243 241 2 76.49 91.2 93.5 96.6
- ----------------------------------------------------------------------------------------------------------------------------------
Minnesota 58 3,864,120.17 0.85 66,623 9.703 249 247 2 75.91 77.4 87.8 96.0
- ----------------------------------------------------------------------------------------------------------------------------------
New Mexico 47 3,270,910.22 0.72 69,594 9.482 298 297 1 76.93 91.1 96.8 94.0
- ----------------------------------------------------------------------------------------------------------------------------------
Arkansas 67 3,264,651.60 0.72 48,726 9.690 249 248 1 78.20 90.2 98.5 97.7
- ----------------------------------------------------------------------------------------------------------------------------------
Connecticut 52 3,228,352.92 0.71 62,084 9.512 276 262 13 71.56 70.0 92.2 91.0
- ----------------------------------------------------------------------------------------------------------------------------------
Iowa 67 3,091,957.03 0.68 46,149 9.979 221 219 2 76.13 79.0 99.7 96.1
- ----------------------------------------------------------------------------------------------------------------------------------
Mississippi 57 2,521,135.33 0.56 44,230 9.878 239 237 2 78.11 82.2 95.0 98.8
- ----------------------------------------------------------------------------------------------------------------------------------
Nebraska 42 2,255,454.12 0.50 53,701 10.383 217 215 2 78.45 100.0 100.0 100.0
- ----------------------------------------------------------------------------------------------------------------------------------
Maine 36 2,022,941.97 0.45 56,193 10.290 259 254 5 73.74 79.0 88.5 97.2
- ----------------------------------------------------------------------------------------------------------------------------------
Rhode Island 30 1,942,754.58 0.43 64,758 9.776 240 228 12 74.07 55.7 93.0 64.8
- ----------------------------------------------------------------------------------------------------------------------------------
Delaware 24 1,826,140.48 0.40 76,089 8.786 252 250 2 78.87 56.2 95.4 90.0
- ----------------------------------------------------------------------------------------------------------------------------------
Alabama 36 1,817,935.59 0.40 50,498 9.942 276 275 1 76.98 78.3 93.6 96.9
- ----------------------------------------------------------------------------------------------------------------------------------
New Hampshire 26 1,779,500.65 0.39 68,442 9.606 287 285 2 73.15 89.1 94.2 77.8
- ----------------------------------------------------------------------------------------------------------------------------------
Idaho 25 1,534,768.38 0.34 61,391 9.450 265 264 1 76.19 83.6 94.1 92.1
- ----------------------------------------------------------------------------------------------------------------------------------
Hawaii 8 942,085.25 0.21 117,761 9.187 351 348 3 72.64 73.9 74.1 74.1
- ----------------------------------------------------------------------------------------------------------------------------------
Montana 13 826,055.74 0.18 63,543 9.718 307 304 3 75.12 96.6 100.0 100.0
- ----------------------------------------------------------------------------------------------------------------------------------
Vermont 13 812,268.53 0.18 62,482 9.624 273 272 1 67.14 86.7 100.0 100.0
- ----------------------------------------------------------------------------------------------------------------------------------
District of Columbia 13 774,314.34 0.17 59,563 10.370 213 192 21 66.83 95.6 100.0 100.0
- ----------------------------------------------------------------------------------------------------------------------------------
South Dakota 10 520,787.75 0.11 52,079 10.094 227 226 1 78.71 90.2 100.0 95.8
- ----------------------------------------------------------------------------------------------------------------------------------
Wyoming 7 344,478.24 0.08 49,211 9.628 220 218 2 72.47 83.9 100.0 100.0
- ----------------------------------------------------------------------------------------------------------------------------------
Alaska 2 339,739.99 0.07 169,870 9.851 349 346 3 79.99 6.2 100.0 6.2
- ----------------------------------------------------------------------------------------------------------------------------------
North Dakota 4 185,796.84 0.04 46,449 9.018 257 256 1 82.35 100.0 100.0 100.0
- ----------------------------------------------------------------------------------------------------------------------------------
TOTAL: 6,989 453,256,741.88 100.00 64,853 9.660 268 265 4 75.73 78.8 92.5 91.1
- ----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
- ------------------------------------------------
GEOGRAPHIC
DISTRIBUTION % % % %
BY BALANCE A B C D
- ------------------------------------------------
<S> <C> <C> <C> <C>
California 78.3 16.2 3.9 1.5
- ------------------------------------------------
Michigan 64.7 18.7 14.9 1.7
- ------------------------------------------------
Ohio 79.1 14.1 5.8 1.1
- ------------------------------------------------
Florida 66.1 20.5 10.4 3.0
- ------------------------------------------------
Pennsylvania 76.0 15.6 6.0 2.5
- ------------------------------------------------
New York 76.0 14.5 9.2 0.3
- ------------------------------------------------
Illinois 78.2 14.0 5.2 2.6
- ------------------------------------------------
Texas 71.9 15.8 11.0 1.3
- ------------------------------------------------
Georgia 71.1 19.6 7.4 1.9
- ------------------------------------------------
North Carolina 68.0 19.0 9.2 3.8
- ------------------------------------------------
Indiana 66.3 17.8 14.4 1.5
- ------------------------------------------------
Maryland 73.4 16.5 8.4 1.8
- ------------------------------------------------
Missouri 72.8 16.6 8.5 2.1
- ------------------------------------------------
Tennessee 67.3 19.8 12.1 0.8
- ------------------------------------------------
Washington 86.3 9.7 3.7 0.4
- ------------------------------------------------
New Jersey 79.3 15.7 5.0 0.0
- ------------------------------------------------
Arizona 73.1 19.1 6.6 1.2
- ------------------------------------------------
Virginia 73.2 14.4 9.6 2.8
- ------------------------------------------------
Oregon 83.8 9.1 7.1 0.0
- ------------------------------------------------
Kentucky 75.5 12.0 9.8 2.7
- ------------------------------------------------
Massachusetts 86.2 5.4 6.1 2.3
- ------------------------------------------------
Colorado 85.1 11.0 3.1 0.8
- ------------------------------------------------
South Carolina 65.6 23.1 8.2 3.2
- ------------------------------------------------
Kansas 77.8 11.5 8.6 2.1
- ------------------------------------------------
Louisiana 72.4 15.1 11.9 0.6
- ------------------------------------------------
Utah 77.6 16.9 5.5 0.0
- ------------------------------------------------
Oklahoma 77.3 13.7 9.0 0.0
- ------------------------------------------------
Wisconsin 74.1 13.7 10.5 1.7
- ------------------------------------------------
Nevada 74.9 17.3 5.3 2.5
- ------------------------------------------------
West Virginia 78.6 8.2 9.0 4.1
- ------------------------------------------------
Minnesota 76.8 14.9 8.3 0.0
- ------------------------------------------------
New Mexico 82.5 9.8 6.9 0.8
- ------------------------------------------------
Arkansas 73.0 18.0 5.7 3.2
- ------------------------------------------------
Connecticut 81.7 12.2 6.1 0.0
- ------------------------------------------------
Iowa 70.5 21.1 8.4 0.0
- ------------------------------------------------
Mississippi 68.7 16.9 7.4 7.0
- ------------------------------------------------
Nebraska 61.7 25.6 11.4 1.3
- ------------------------------------------------
Maine 56.6 37.0 3.0 3.4
- ------------------------------------------------
Rhode Island 85.0 10.6 4.3 0.0
- ------------------------------------------------
Delaware 84.4 15.6 0.0 0.0
- ------------------------------------------------
Alabama 66.6 28.1 5.3 0.0
- ------------------------------------------------
New Hampshire 94.0 6.0 0.0 0.0
- ------------------------------------------------
Idaho 86.2 12.1 1.7 0.0
- ------------------------------------------------
Hawaii 71.9 0.0 28.1 0.0
- ------------------------------------------------
Montana 76.4 20.2 3.4 0.0
- ------------------------------------------------
Vermont 87.0 0.0 8.6 4.4
- ------------------------------------------------
District of Columbia 47.2 44.1 8.7 0.0
- ------------------------------------------------
South Dakota 59.2 19.4 6.9 14.6
- ------------------------------------------------
Wyoming 83.8 0.0 16.2 0.0
- ------------------------------------------------
Alaska 93.8 0.0 0.0 6.2
- ------------------------------------------------
North Dakota 100.0 0.0 0.0 0.0
- ------------------------------------------------
TOTAL: 74.2 16.0 8.1 1.7
- ------------------------------------------------
</TABLE>
<PAGE> 21
20. 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>
48219 27 1,441,276.50 0.32 53,381 10.728 246 244 3 75.17 91.5 96.4 81.2
- ---------------------------------------------------------------------------------------------------------------
48235 22 1,177,252.76 0.26 53,511 10.975 229 227 2 76.55 93.4 100.0 77.5
- ---------------------------------------------------------------------------------------------------------------
48227 26 1,136,887.46 0.25 43,726 10.630 286 284 2 75.60 92.9 94.1 83.7
- ---------------------------------------------------------------------------------------------------------------
48228 24 1,096,906.96 0.24 45,704 10.278 255 253 2 77.43 79.9 100.0 88.1
- ---------------------------------------------------------------------------------------------------------------
48221 18 917,417.34 0.20 50,968 10.457 243 241 2 76.03 95.4 100.0 79.2
- ---------------------------------------------------------------------------------------------------------------
60619 9 787,878.66 0.17 87,542 9.439 279 276 2 78.27 93.5 100.0 100.0
- ---------------------------------------------------------------------------------------------------------------
94509 5 705,288.20 0.16 141,058 8.543 301 296 5 78.13 51.9 75.1 100.0
- ---------------------------------------------------------------------------------------------------------------
60628 10 638,850.55 0.14 63,885 9.029 250 247 3 80.17 54.7 93.0 90.4
- ---------------------------------------------------------------------------------------------------------------
48234 17 634,767.25 0.14 37,339 11.021 264 262 2 78.36 86.0 93.1 100.0
- ---------------------------------------------------------------------------------------------------------------
60636 10 603,783.77 0.13 60,378 9.619 246 244 2 77.10 72.5 100.0 84.8
- ---------------------------------------------------------------------------------------------------------------
Other 6,821 444,116,432.43 97.98 65,110 9.649 268 265 4 75.70 78.7 92.5 91.2
- ---------------------------------------------------------------------------------------------------------------
TOTAL: 6,989 453,256,741.88 100.00 64,853 9.660 268 265 4 75.73 78.8 92.5 91.1
- ---------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
- -----------------------------------------
10
ZIP CODE % % % %
CONCENTRATIONS A B C D
- -----------------------------------------
<S> <C> <C> <C> <C>
48219 64.6 14.6 20.8 0.0
- -----------------------------------------
48235 45.1 38.6 14.4 1.9
- -----------------------------------------
48227 69.0 17.8 9.5 3.7
- -----------------------------------------
48228 57.5 31.3 11.2 0.0
- -----------------------------------------
48221 62.9 12.0 25.1 0.0
- -----------------------------------------
60619 64.3 10.2 25.4 0.0
- -----------------------------------------
94509 100.0 0.0 0.0 0.0
- -----------------------------------------
60628 70.1 28.7 0.0 1.2
- -----------------------------------------
48234 45.8 31.0 20.1 3.1
- -----------------------------------------
60636 78.1 8.7 13.2 0.0
- -----------------------------------------
Other 74.4 15.9 8.0 1.7
- -----------------------------------------
TOTAL: 74.2 16.0 8.1 1.7
- -----------------------------------------
</TABLE>
<PAGE> 22
21. PROPERTY TYPE
<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
PROPERTY TYPE LOANS BALANCE BALANCE BALANCE COUPON TERM TERM AGE CLTV
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Single Family Residence 5,976 391,461,140.19 86.37 65,506 9.637 268 265 3 75.90
- -----------------------------------------------------------------------------------------------------------------------------------
Manufactured Housing,Prefabricated 309 16,778,392.74 3.70 54,299 9.995 256 254 2 76.88
- -----------------------------------------------------------------------------------------------------------------------------------
2 Family 236 15,841,183.46 3.49 67,124 9.773 290 283 7 72.25
- -----------------------------------------------------------------------------------------------------------------------------------
Townhouse 209 10,007,140.18 2.21 47,881 9.899 246 240 6 75.96
- -----------------------------------------------------------------------------------------------------------------------------------
3-4 Family 119 9,947,595.18 2.19 83,593 9.667 276 271 5 73.54
- -----------------------------------------------------------------------------------------------------------------------------------
Condo 140 9,221,290.13 2.03 65,866 9.555 280 275 4 74.30
- -----------------------------------------------------------------------------------------------------------------------------------
TOTAL: 6,989 453,256,741.88 100.00 64,853 9.660 268 265 4 75.73
- -----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------
%
CASH % %
OUT FULL OWN % % % %
PROPERTY TYPE REFI DOC OCC A B C D
- ------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
Single Family Residence 79.2 92.5 93.8 73.9 16.0 8.3 1.7
- ------------------------------------------------------------------------------------------
Manufactured Housing,Prefabricated 83.0 94.1 96.3 72.0 19.7 7.5 0.8
- ------------------------------------------------------------------------------------------
2 Family 80.5 92.4 59.7 79.3 13.8 5.5 1.4
- ------------------------------------------------------------------------------------------
Townhouse 78.0 92.7 88.1 67.8 18.9 11.7 1.7
- ------------------------------------------------------------------------------------------
3-4 Family 72.0 92.9 40.9 86.2 11.4 1.6 0.8
- ------------------------------------------------------------------------------------------
Condo 58.3 92.6 79.5 75.3 13.7 9.2 1.7
- ------------------------------------------------------------------------------------------
TOTAL: 78.8 92.5 91.1 74.2 16.0 8.1 1.7
- ------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 23
22. 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 6,288 413,104,016.86 91.14 65,697 9.624 267 264 4 75.90 79.2 92.8 100.0 73.2 16.6 8.5 1.7
- -----------------------------------------------------------------------------------------------------------------------------
Investment 701 40,152,725.02 8.86 57,279 10.029 279 275 4 73.91 74.0 89.7 0.0 84.0 10.3 3.8 1.9
- -----------------------------------------------------------------------------------------------------------------------------
TOTAL: 6,989 453,256,741.88 100.00 64,853 9.660 268 265 4 75.73 78.8 92.5 91.1 74.2 16.0 8.1 1.7
- -----------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 24
23. 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 5,667 356,974,634.30 78.76 62,992 9.656 264 261 3 75.29 100.0 93.2 91.7
- -----------------------------------------------------------------------------------------------------------------------------------
Refinance - Rate Term 906 65,666,904.18 14.49 72,480 9.390 279 272 7 76.41 0.0 94.0 92.0
- -----------------------------------------------------------------------------------------------------------------------------------
Purchase 416 30,615,203.40 6.75 73,594 10.292 296 293 3 79.35 0.0 81.8 83.0
- -----------------------------------------------------------------------------------------------------------------------------------
TOTAL: 6,989 453,256,741.88 100.00 64,853 9.660 268 265 4 75.73 78.8 92.5 91.1
- -----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
- -----------------------------------------------
% % % %
PURPOSE A B C D
- -----------------------------------------------
<S> <C> <C> <C> <C>
Refinance - Cashout 74.2 16.1 7.9 1.8
- -----------------------------------------------
Refinance - Rate Term 78.2 13.0 7.5 1.3
- -----------------------------------------------
Purchase 65.3 21.4 12.7 0.6
- -----------------------------------------------
TOTAL: 74.2 16.0 8.1 1.7
- -----------------------------------------------
</TABLE>
<PAGE> 25
24. 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
DOCUMENTATION LEVEL LOANS BALANCE BALANCE BALANCE COUPON TERM TERM AGE CLTV REFI DOC
- ----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Full Doc -Asset and Income 6,550 419,424,410.15 92.54 64,034 9.628 267 263 4 76.05 79.3 100.0
- ----------------------------------------------------------------------------------------------------------------------------------
No Income Verifier 306 23,085,940.54 5.09 75,444 10.119 291 287 4 70.80 67.1 0.0
- ----------------------------------------------------------------------------------------------------------------------------------
No Income Qualifier 133 10,746,391.19 2.37 80,800 9.929 267 264 3 73.50 82.0 0.0
- ----------------------------------------------------------------------------------------------------------------------------------
TOTAL: 6,989 453,256,741.88 100.00 64,853 9.660 268 265 4 75.73 78.8 92.5
- ----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
- ------------------------------------------------------------
%
OWN % % % %
DOCUMENTATION LEVEL OCC A B C D
- ------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
Full Doc -Asset and Income 91.4 73.4 16.3 8.6 1.8
- ------------------------------------------------------------
No Income Verifier 88.6 84.8 13.2 1.6 0.4
- ------------------------------------------------------------
No Income Qualifier 86.1 83.9 11.4 4.0 0.6
- ------------------------------------------------------------
TOTAL: 91.1 74.2 16.0 8.1 1.7
- ------------------------------------------------------------
</TABLE>
<PAGE> 26
25. 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 6,572 442,242,901.74 97.57 67,292 9.599 270 267 3 75.71 78.5 92.4 91.0 74.4 15.8 8.2 1.6
- --------------------------------------------------------------------------------------------------------------------------------
2nd Lien 417 11,013,840.14 2.43 26,412 12.126 184 156 29 76.35 89.0 96.2 96.6 67.0 23.4 6.7 2.8
- --------------------------------------------------------------------------------------------------------------------------------
TOTAL: 6,989 453,256,741.88 100.00 64,853 9.660 268 265 4 75.73 78.8 92.5 91.1 74.2 16.0 8.1 1.7
- --------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 27
26. 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 4 84,520.34 0.02 21,130 11.717 180 74 106 64.03 100.0 88.7 81.7
- ------------------------------------------------------------------------------------------------------------
0.01 - 5.00 1 29,951.65 0.01 29,952 13.700 240 238 2 25.00 100.0 0.0 100.0
- ------------------------------------------------------------------------------------------------------------
5.01 - 10.00 21 944,561.20 0.21 44,979 9.398 235 231 3 69.26 100.0 90.3 84.1
- ------------------------------------------------------------------------------------------------------------
10.01 - 15.00 145 6,038,406.81 1.33 41,644 9.926 232 230 3 68.00 89.6 79.3 89.6
- ------------------------------------------------------------------------------------------------------------
15.01 - 20.00 309 15,007,743.19 3.31 48,569 9.961 250 247 3 72.09 83.8 93.9 89.3
- ------------------------------------------------------------------------------------------------------------
20.01 - 25.00 546 29,628,049.24 6.54 54,264 9.668 253 250 3 72.40 83.1 93.0 93.2
- ------------------------------------------------------------------------------------------------------------
25.01 - 30.00 699 39,992,602.93 8.82 57,214 9.699 258 255 3 74.25 80.3 90.7 93.8
- ------------------------------------------------------------------------------------------------------------
30.01 - 35.00 881 55,626,953.40 12.27 63,141 9.642 267 263 4 75.15 80.6 90.3 93.5
- ------------------------------------------------------------------------------------------------------------
35.01 - 40.00 1,141 76,427,707.53 16.86 66,983 9.696 276 272 4 75.97 71.0 91.7 90.8
- ------------------------------------------------------------------------------------------------------------
40.01 - 45.00 1,175 79,660,494.41 17.58 67,796 9.596 276 272 4 76.52 79.9 90.6 89.5
- ------------------------------------------------------------------------------------------------------------
45.01 - 50.00 1,169 84,461,457.59 18.63 72,251 9.582 275 271 4 77.29 74.7 94.4 90.5
- ------------------------------------------------------------------------------------------------------------
50.01 - 55.00 592 43,169,939.56 9.52 72,922 9.683 261 258 2 76.30 81.7 96.2 91.4
- ------------------------------------------------------------------------------------------------------------
55.01 - 60.00 180 12,905,576.72 2.85 71,698 9.736 265 264 1 76.68 86.2 98.9 90.3
- ------------------------------------------------------------------------------------------------------------
60.01 - 65.00 61 4,178,476.03 0.92 68,500 9.631 269 268 0 79.47 95.7 100.0 92.7
- ------------------------------------------------------------------------------------------------------------
65.01 - 70.00 32 2,184,511.01 0.48 68,266 9.968 277 276 1 82.06 94.6 100.0 78.6
- ------------------------------------------------------------------------------------------------------------
70.01 - 75.00 14 1,309,007.32 0.29 93,501 9.559 314 314 0 78.77 100.0 100.0 87.9
- ------------------------------------------------------------------------------------------------------------
75.01 - 80.00 8 576,512.48 0.13 72,064 9.565 248 246 2 84.02 100.0 100.0 74.6
- ------------------------------------------------------------------------------------------------------------
80.01 - 85.00 9 966,848.78 0.21 107,428 9.264 304 304 0 85.05 100.0 100.0 77.9
- ------------------------------------------------------------------------------------------------------------
85.01 - 90.00 1 29,251.59 0.01 29,252 9.450 180 180 0 86.03 100.0 100.0 100.0
- ------------------------------------------------------------------------------------------------------------
90.01 - 95.00 1 34,170.10 0.01 34,170 11.500 240 239 1 90.28 100.0 100.0 100.0
- ------------------------------------------------------------------------------------------------------------
TOTAL: 6,989 453,256,741.88 100.00 64,853 9.660 268 265 4 75.73 78.8 92.5 91.1
- ------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
- -----------------------------------------
BACK % % % %
RATIO A B C D
- -----------------------------------------
<S> <C> <C> <C> <C>
=< 0 88.7 0.0 0.0 11.3
- -----------------------------------------
0.01 - 5.00 100.0 0.0 0.0 0.0
- -----------------------------------------
5.01 - 10.00 78.1 16.4 5.4 0.0
- -----------------------------------------
10.01 - 15.00 65.5 19.0 10.3 5.2
- -----------------------------------------
15.01 - 20.00 59.5 24.8 12.0 3.6
- -----------------------------------------
20.01 - 25.00 70.0 18.6 9.2 2.2
- -----------------------------------------
25.01 - 30.00 70.6 17.2 10.1 2.1
- -----------------------------------------
30.01 - 35.00 75.6 14.7 8.0 1.7
- -----------------------------------------
35.01 - 40.00 72.4 16.5 9.5 1.6
- -----------------------------------------
40.01 - 45.00 78.6 13.9 6.8 0.7
- -----------------------------------------
45.01 - 50.00 78.0 14.7 6.2 1.1
- -----------------------------------------
50.01 - 55.00 72.4 17.6 7.6 2.3
- -----------------------------------------
55.01 - 60.00 71.5 17.5 8.7 2.2
- -----------------------------------------
60.01 - 65.00 80.1 8.7 8.6 2.5
- -----------------------------------------
65.01 - 70.00 65.7 21.6 5.5 7.3
- -----------------------------------------
70.01 - 75.00 78.0 10.5 11.5 0.0
- -----------------------------------------
75.01 - 80.00 79.5 3.4 17.1 0.0
- -----------------------------------------
80.01 - 85.00 100.0 0.0 0.0 0.0
- -----------------------------------------
85.01 - 90.00 100.0 0.0 0.0 0.0
- -----------------------------------------
90.01 - 95.00 0.0 0.0 100.0 0.0
- -----------------------------------------
TOTAL: 74.2 16.0 8.1 1.7
- -----------------------------------------
</TABLE>
Minimum: 1.31
Maximum: 95.00
Weighted Average: 39.58
<PAGE> 28
27. 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
FICO SCORE LOANS BALANCE BALANCE BALANCE COUPON TERM TERM AGE CLTV REFI DOC
-------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
= less than 0 663 32,331,950.34 7.13 48,766 10.570 249 227 22 71.79 58.0 92.4
-------------------------------------------------------------------------------------------------------------------------
351 - 375 1 63,474.65 0.01 63,475 9.730 180 171 9 76.03 100.0 100.0
-------------------------------------------------------------------------------------------------------------------------
401 - 425 2 145,284.82 0.03 72,642 12.125 180 178 2 85.00 100.0 100.0
-------------------------------------------------------------------------------------------------------------------------
426 - 450 1 134,166.32 0.03 134,166 8.750 180 177 3 80.00 100.0 100.0
-------------------------------------------------------------------------------------------------------------------------
451 - 475 39 2,860,958.76 0.63 73,358 10.661 253 252 1 77.55 85.5 93.4
-------------------------------------------------------------------------------------------------------------------------
476 - 500 120 7,458,068.62 1.65 62,151 10.634 265 263 2 76.95 92.5 92.7
-------------------------------------------------------------------------------------------------------------------------
501 - 525 355 22,079,290.88 4.87 62,195 10.571 275 273 2 76.57 81.2 95.1
-------------------------------------------------------------------------------------------------------------------------
526 - 550 560 35,936,509.21 7.93 64,172 10.566 270 267 2 76.74 82.3 91.6
-------------------------------------------------------------------------------------------------------------------------
551 - 575 779 50,206,758.51 11.08 64,450 10.056 276 274 2 76.58 83.7 95.7
-------------------------------------------------------------------------------------------------------------------------
576 - 600 862 56,103,318.68 12.38 65,085 9.735 273 271 2 75.73 81.4 93.4
-------------------------------------------------------------------------------------------------------------------------
601 - 625 980 66,622,329.06 14.70 67,982 9.494 275 273 2 76.72 81.7 92.1
-------------------------------------------------------------------------------------------------------------------------
626 - 650 896 61,436,166.24 13.55 68,567 9.301 270 268 2 76.64 78.7 90.2
-------------------------------------------------------------------------------------------------------------------------
651 - 675 713 47,679,998.36 10.52 66,872 9.155 262 260 2 76.19 76.8 91.2
-------------------------------------------------------------------------------------------------------------------------
676 - 700 436 30,253,238.02 6.67 69,388 8.987 271 269 2 75.47 77.8 93.8
-------------------------------------------------------------------------------------------------------------------------
701 - 725 272 19,125,579.60 4.22 70,315 8.764 259 257 2 73.69 78.1 89.6
-------------------------------------------------------------------------------------------------------------------------
726 - 750 153 10,146,544.92 2.24 66,317 8.589 248 245 2 71.92 75.2 95.2
-------------------------------------------------------------------------------------------------------------------------
751 - 775 109 7,578,738.23 1.67 69,530 8.630 262 260 2 71.89 76.4 92.8
-------------------------------------------------------------------------------------------------------------------------
776 - 800 43 2,861,027.77 0.63 66,536 8.628 250 248 2 71.64 65.5 91.1
-------------------------------------------------------------------------------------------------------------------------
801 - 825 4 191,357.51 0.04 47,839 8.536 144 143 1 51.32 43.8 100.0
-------------------------------------------------------------------------------------------------------------------------
901 - 925 1 41,981.38 0.01 41,981 9.990 360 359 1 50.00 100.0 100.0
-------------------------------------------------------------------------------------------------------------------------
TOTAL: 6,989 453,256,741.88 100.00 64,853 9.660 268 265 4 75.73 78.8 92.5
-------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
-----------------------------------------------------
%
ORIGINAL OWN % % % %
FICO SCORE OCC A B C D
-----------------------------------------------------
<S> <C> <C> <C> <C> <C>
= less than 0 89.2 53.9 25.5 18.0 2.6
-----------------------------------------------------
351 - 375 100.0 100.0 0.0 0.0 0.0
-----------------------------------------------------
401 - 425 100.0 0.0 100.0 0.0 0.0
-----------------------------------------------------
426 - 450 100.0 0.0 100.0 0.0 0.0
-----------------------------------------------------
451 - 475 91.3 26.5 37.7 27.2 8.6
-----------------------------------------------------
476 - 500 96.1 26.6 39.5 26.3 7.6
-----------------------------------------------------
501 - 525 95.1 28.2 44.4 21.4 6.0
-----------------------------------------------------
526 - 550 93.7 36.7 39.0 19.0 5.3
-----------------------------------------------------
551 - 575 92.3 56.1 27.8 13.9 2.2
-----------------------------------------------------
576 - 600 94.4 74.2 15.3 8.7 1.8
-----------------------------------------------------
601 - 625 90.7 84.4 11.1 4.1 0.4
-----------------------------------------------------
626 - 650 91.2 91.5 6.7 1.7 0.1
-----------------------------------------------------
651 - 675 91.2 94.4 4.0 1.2 0.4
-----------------------------------------------------
676 - 700 89.8 99.1 0.4 0.5 0.0
-----------------------------------------------------
701 - 725 83.9 99.0 0.2 0.7 0.2
-----------------------------------------------------
726 - 750 83.6 97.5 0.9 1.7 0.0
-----------------------------------------------------
751 - 775 82.1 100.0 0.0 0.0 0.0
-----------------------------------------------------
776 - 800 73.6 98.1 1.9 0.0 0.0
-----------------------------------------------------
801 - 825 63.2 100.0 0.0 0.0 0.0
-----------------------------------------------------
901 - 925 100.0 0.0 100.0 0.0 0.0
-----------------------------------------------------
TOTAL: 91.1 74.2 16.0 8.1 1.7
-----------------------------------------------------
</TABLE>
Minimum: 359
Maximum: 903
Weighted Average: 614.8
<PAGE> 29
28. 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
GRADE LOANS BALANCE BALANCE BALANCE COUPON TERM TERM AGE CLTV REFI
-------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
A 1,921 124,499,502.78 27.47 64,810 9.452 259 255 4 76.93 84.8
-------------------------------------------------------------------------------------------------------------------------
A- 984 68,410,274.88 15.09 69,523 9.666 289 285 4 76.13 71.1
-------------------------------------------------------------------------------------------------------------------------
A+ 1,780 126,651,280.38 27.94 71,152 8.981 268 266 2 75.90 76.5
-------------------------------------------------------------------------------------------------------------------------
A++ 236 16,705,179.32 3.69 70,785 8.163 255 253 1 70.80 82.6
-------------------------------------------------------------------------------------------------------------------------
B 1,213 72,581,426.44 16.01 59,836 10.473 267 261 6 76.94 79.2
-------------------------------------------------------------------------------------------------------------------------
C 577 30,273,939.04 6.68 52,468 11.279 267 263 4 73.03 75.0
-------------------------------------------------------------------------------------------------------------------------
C- 118 6,526,139.48 1.44 55,306 10.951 292 288 4 67.94 81.4
-------------------------------------------------------------------------------------------------------------------------
D 157 7,489,562.04 1.65 47,704 12.252 262 259 4 66.17 86.6
-------------------------------------------------------------------------------------------------------------------------
D2 3 119,437.52 0.03 39,813 15.599 180 177 3 60.85 46.9
-------------------------------------------------------------------------------------------------------------------------
TOTAL: 6,989 453,256,741.88 100.00 64,853 9.660 268 265 4 75.73 78.8
-------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
--------------------------------------------------------------------
% %
CREDIT FULL OWN % % % %
GRADE DOC OCC A B C D
--------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
A 93.1 91.4 100.0 0.0 0.0 0.0
--------------------------------------------------------------------
A- 91.0 88.8 100.0 0.0 0.0 0.0
--------------------------------------------------------------------
A+ 89.7 88.4 100.0 0.0 0.0 0.0
--------------------------------------------------------------------
A++ 96.0 96.4 100.0 0.0 0.0 0.0
--------------------------------------------------------------------
B 94.1 94.3 0.0 100.0 0.0 0.0
--------------------------------------------------------------------
C 97.6 96.3 0.0 0.0 100.0 0.0
--------------------------------------------------------------------
C- 98.7 94.0 0.0 0.0 100.0 0.0
--------------------------------------------------------------------
D 97.9 90.5 0.0 0.0 0.0 100.0
--------------------------------------------------------------------
D2 100.0 53.1 0.0 0.0 0.0 100.0
--------------------------------------------------------------------
TOTAL: 92.5 91.1 74.2 16.0 8.1 1.7
--------------------------------------------------------------------
</TABLE>
<PAGE> 30
29. NEGATIVE AMORTIZATION
<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
NEGATIVE AMORTIZATION LOANS BALANCE BALANCE BALANCE COUPON TERM TERM AGE CLTV
--------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Non Negam 6,989 453,256,741.88 100.00 64,853 9.660 268 265 4 75.73
--------------------------------------------------------------------------------------------------------------------
TOTAL: 6,989 453,256,741.88 100.00 64,853 9.660 268 265 4 75.73
--------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
--------------------------------------------------------------------------
%
CASH % %
OUT FULL OWN % % % %
NEGATIVE AMORTIZATION REFI DOC OCC A B C D
--------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
Non Negam 78.8 92.5 91.1 74.2 16.0 8.1 1.7
--------------------------------------------------------------------------
TOTAL: 78.8 92.5 91.1 74.2 16.0 8.1 1.7
--------------------------------------------------------------------------
</TABLE>
<PAGE> 31
30. PREPAYMENT PENALTY
<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
PREPAYMENT PENALTY LOANS BALANCE BALANCE BALANCE COUPON TERM TERM AGE CLTV
------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Prepayment Penalty 5,663 375,095,668.40 82.76 66,236 9.519 272 269 2 76.08
------------------------------------------------------------------------------------------------------------------------
No Prepayment Penalty 1,326 78,161,073.48 17.24 58,945 10.338 253 243 9 74.02
------------------------------------------------------------------------------------------------------------------------
TOTAL: 6,989 453,256,741.88 100.00 64,853 9.660 268 265 4 75.73
------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
---------------------------------------------------------------------------
%
CASH % %
OUT FULL OWN % % % %
PREPAYMENT PENALTY REFI DOC OCC A B C D
---------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
Prepayment Penalty 79.2 93.5 91.2 75.4 15.3 7.7 1.6
---------------------------------------------------------------------------
No Prepayment Penalty 76.4 87.9 91.1 68.3 19.4 10.3 1.9
---------------------------------------------------------------------------
TOTAL: 78.8 92.5 91.1 74.2 16.0 8.1 1.7
---------------------------------------------------------------------------
</TABLE>
<PAGE> 32
31. 10 INVESTOR
<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
10 INVESTOR LOANS BALANCE BALANCE BALANCE COUPON TERM TERM AGE CLTV
-----------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
234 1,765 120,562,416.60 26.60 68,307 9.360 254 253 1 75.53
-----------------------------------------------------------------------------------------------------------------------
CP Conduit Line 219 1,811 116,794,285.49 25.77 64,492 9.577 268 266 2 75.32
-----------------------------------------------------------------------------------------------------------------------
Colonial National Bank 874 61,678,448.89 13.61 70,570 9.719 286 281 6 74.81
-----------------------------------------------------------------------------------------------------------------------
Advanta Finance Group 903 54,655,350.26 12.06 60,526 9.680 259 259 0 79.53
-----------------------------------------------------------------------------------------------------------------------
Advanta Mortgage Corp 682 37,331,118.21 8.24 54,738 10.137 273 253 21 72.86
-----------------------------------------------------------------------------------------------------------------------
122 318 18,726,064.51 4.13 58,887 10.433 265 264 1 78.27
-----------------------------------------------------------------------------------------------------------------------
Conduit Acquistion Trust 180 13,013,229.06 2.87 72,296 9.762 309 308 1 76.10
-----------------------------------------------------------------------------------------------------------------------
236 192 11,445,816.29 2.53 59,614 10.458 272 269 2 72.51
-----------------------------------------------------------------------------------------------------------------------
CP Conduit Line 218 148 10,610,801.52 2.34 71,695 9.853 303 300 3 75.80
-----------------------------------------------------------------------------------------------------------------------
215 77 5,389,948.82 1.19 69,999 9.993 241 240 1 80.36
-----------------------------------------------------------------------------------------------------------------------
Other 39 3,049,262.23 0.67 78,186 7.907 332 332 1 70.90
-----------------------------------------------------------------------------------------------------------------------
TOTAL: 6,989 453,256,741.88 100.00 64,853 9.660 268 265 4 75.73
-----------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
--------------------------------------------------------------------------------
%
CASH % %
OUT FULL OWN % % % %
10 INVESTOR REFI DOC OCC A B C D
--------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
234 78.5 93.1 97.5 79.6 15.3 4.5 0.7
--------------------------------------------------------------------------------
CP Conduit Line 219 81.3 94.3 97.2 79.1 10.7 8.4 1.8
--------------------------------------------------------------------------------
Colonial National Bank 66.2 89.0 98.4 65.6 18.4 14.7 1.3
--------------------------------------------------------------------------------
Advanta Finance Group 99.2 100.0 92.9 68.7 21.7 6.9 2.7
--------------------------------------------------------------------------------
Advanta Mortgage Corp 63.9 90.9 54.8 67.7 22.2 8.3 1.7
--------------------------------------------------------------------------------
122 74.3 91.5 98.6 56.6 25.7 13.9 3.8
--------------------------------------------------------------------------------
Conduit Acquistion Trust 88.8 87.3 72.3 72.9 16.5 8.1 2.5
--------------------------------------------------------------------------------
236 75.9 78.2 57.0 74.5 15.0 8.1 2.4
--------------------------------------------------------------------------------
CP Conduit Line 218 84.4 77.7 69.0 84.8 8.8 4.4 2.0
--------------------------------------------------------------------------------
215 76.1 89.9 98.8 73.4 12.0 10.9 3.7
--------------------------------------------------------------------------------
Other 42.8 100.0 100.0 100.0 0.0 0.0 0.0
--------------------------------------------------------------------------------
TOTAL: 78.8 92.5 91.1 74.2 16.0 8.1 1.7
--------------------------------------------------------------------------------
</TABLE>
<PAGE> 33
32. AFFILIATED OR UNAFFILIATED ORIGINATIONS
<TABLE>
<CAPTION>
-------------------------------------------------------------------------------------------------------------------------
% OF WGT
NUMBER TOTAL TOTAL AVERAGE WGT AVG STD WGT
OF CURRENT CURRENT CURRENT AVG ORIG REM AVG
AFFILIATED OR UNAFFILIATED LOANS BALANCE BALANCE BALANCE COUPON TERM TERM AGE
-------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Affiliated Originator 6,343 410,628,302.62 90.60 64,737 9.619 267 263 4
-------------------------------------------------------------------------------------------------------------------------
Unaffiliated Originator 646 42,628,439.26 9.40 65,988 10.053 281 279 1
-------------------------------------------------------------------------------------------------------------------------
TOTAL: 6,989 453,256,741.88 100.00 64,853 9.660 268 265 4
-------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
-----------------------------------------------------------------------------------------------
WGT %
AVG CASH % %
ORIG OUT FULL OWN % % % %
AFFILIATED OR UNAFFILIATED CLTV REFI DOC OCC A B C D
------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Affiliated Originator 75.49 78.5 92.8 91.3 74.9 15.7 7.9 1.5
------------------------------------------------------------------------------------------------
Unaffiliated Originator 77.98 81.4 89.6 89.5 67.0 19.4 10.6 3.1
------------------------------------------------------------------------------------------------
TOTAL: 75.73 78.8 92.5 91.1 74.2 16.0 8.1 1.7
------------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 34
33. UNAFFILIATED ORIGINATORS (DIVISION=3750)
<TABLE>
<CAPTION>
-----------------------------------------------------------------------------------------------------------------------
WGT
% OF WGT AVG WGT
NUMBER TOTAL TOTAL AVERAGE WGT AVG STD WGT AVG
UNAFFILIATED ORIGINATORS OF CURRENT CURRENT CURRENT AVG ORIG REM AVG ORIG
(DIVISION=3750) LOANS BALANCE BALANCE BALANCE COUPON TERM TERM AGE CLTV
-----------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
First Street 297 21,911,624.24 51.40 73,777 9.561 316 315 1 78.52
-----------------------------------------------------------------------------------------------------------------------
MCA 184 10,074,672.39 23.63 54,754 11.109 226 224 2 77.45
-----------------------------------------------------------------------------------------------------------------------
Equifinancial 93 5,873,409.26 13.78 63,155 10.179 233 232 1 79.80
-----------------------------------------------------------------------------------------------------------------------
G & P 31 2,492,697.43 5.85 80,410 10.202 358 357 1 71.35
-----------------------------------------------------------------------------------------------------------------------
McGuire 24 1,644,274.96 3.86 68,511 8.820 210 209 2 80.53
-----------------------------------------------------------------------------------------------------------------------
PTL 17 631,760.98 1.48 37,162 11.716 252 251 1 70.04
-----------------------------------------------------------------------------------------------------------------------
TOTAL: 646 42,628,439.26 100.00 65,988 10.053 281 279 1 77.98
-----------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
--------------------------------------------------------------------------------
%
CASH % %
UNAFFILIATED ORIGINATORS OUT FULL OWN % % % %
(DIVISION=3750) REFI DOC OCC A B C D
--------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
First Street 91.3 90.7 92.7 74.7 18.6 5.2 1.4
--------------------------------------------------------------------------------
MCA 67.9 90.4 88.0 46.7 24.0 22.9 6.4
--------------------------------------------------------------------------------
Equifinancial 74.7 92.0 81.7 73.3 11.7 11.6 3.4
--------------------------------------------------------------------------------
G & P 54.8 77.7 81.6 53.0 36.9 10.1 0.0
--------------------------------------------------------------------------------
McGuire 94.2 96.7 100.0 100.0 0.0 0.0 0.0
--------------------------------------------------------------------------------
PTL 90.3 47.2 82.7 30.1 23.1 22.0 24.8
--------------------------------------------------------------------------------
TOTAL: 81.4 89.6 89.5 67.0 19.4 10.6 3.1
--------------------------------------------------------------------------------
</TABLE>
