SMT Series 2004-12 Certificateholder Distribution Summary (Wells Fargo Bank Minnesota, N.A.)

Summary

This document is a distribution summary for certificateholders of the SMT Series 2004-12, administered by Wells Fargo Bank Minnesota, N.A. It details the interest and principal payments made to holders of various classes of certificates as of December 30, 2005, with distributions occurring on January 20, 2006. The summary includes beginning and ending balances, interest rates, and payment amounts for each class. All calculations are made in accordance with the Pooling and Servicing Agreement, and no realized losses are reported for this period.

EX-10.1 2 f17277aexv10w1.htm EXHIBIT 10.1 exv10w1

EXHIBIT 10.1


Contact:	Customer Services — CTSLink
	Wells Fargo Bank Minnesota, N.A.
	Securities Administration Services
	7485 New Horizon Way
	Frederick, MD 21703
	www.ctslink.com
	Telephone:	(301) ###-###-####
	Fax:	(301) ###-###-####

SMT SERIES 2004-12
Record Date: December 30, 2005
Distribution Date: January 20, 2006

Certificateholder Distribution Summary


			Certificate	Certificate
			Class	Pass-Through			Beginning		Interest		Principal		Current		Ending Certificate		Total		Cumulative
Class	CUSIP		Description	Rate			Certificate Balance		Distribution		Distribution		Realized Loss		Balance		Distribution		Realized Loss

A-1		81744FFY8	SEN		4.64000	%		235,661,678.28		911,225.15		18,326,976.83		0.00		217,334,699.45		19,238,201.98		0.00
A-2		81744FFZ5	SEN		4.95688	%		125,975,887.41		520,372.80		8,744,187.97		0.00		117,231,699.44		9,264,560.77		0.00
A-3		81744FGA9	SEN		4.98688	%		110,889,704.22		460,828.04		7,750,855.56		0.00		103,138,848.65		8,211,683.60		0.00
X-A1		81744FGB7	IO		0.65129	%		0.00		196,275.28		0.00		0.00		0.00		196,275.28		0.00
X-A2		81744FGC5	IO		0.36439	%		0.00		33,672.52		0.00		0.00		0.00		33,672.52		0.00
X-B		81744FGD3	IO		0.30936	%		0.00		4,077.19		0.00		0.00		0.00		4,077.19		0.00
B-1		81744FGF8	SUB		4.87000	%		8,588,000.00		34,852.97		0.00		0.00		8,588,000.00		34,852.97		0.00
B-2		81744FGG6	SUB		5.22000	%		6,134,000.00		26,682.90		0.00		0.00		6,134,000.00		26,682.90		0.00
B-3		81744FGH4	SUB		5.62000	%		3,680,000.00		17,234.67		0.00		0.00		3,680,000.00		17,234.67		0.00
B-4		81744FGJ0	SUB		5.40253	%		2,453,000.00		11,043.66		0.00		0.00		2,453,000.00		11,043.66		0.00
B-5		81744FGK7	SUB		5.40253	%		920,000.00		4,141.94		0.00		0.00		920,000.00		4,141.94		0.00
B-6		81744FGL5	SUB		5.40253	%		2,762,778.00		12,438.31		0.00		0.00		2,762,778.00		12,438.31		0.00
A-R		81744FGE1	RES		4.81920	%		0.00		0.23		0.00		0.00		0.00		0.23		0.00

Totals								497,065,045.91		2,232,845.66		34,822,020.36		0.00		462,243,025.54		37,054,866.02		0.00

All distributions required by the Pooling and Servicing Agreement have been calculated by the Certificate Administrator on behalf of the Trustee.

Principal Distribution Statement


			Beginning		Scheduled		Unscheduled						Total		Ending		Ending		Total
	Original Face		Certificate		Principal		Principal				Realized		Principal		Certificate		Certificate		Principal
Class	Amount		Balance		Distribution		Distribution		Accretion		Loss		Reduction		Balance		Percentage		Distribution

A-1		380,510,000.00		235,661,676.28		1,423.18		18,325,553.65		0.00		0.00		18,326,976.83		217,334,699.45		0.571167		18,326,976.83
A-2		208,392,000.00		125,975,887.41		439.03		8,743,748.94		0.00		0.00		8,744,187.97		117,231,699.44		0.562554		8,744,187.97
A-3		218,330,615.00		110,889,704.22		0.00		7,750,855.56		0.00		0.00		7,750,855.56		103,138,848.65		0.472398		7,750,855.56
X-A1		0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.000000		0.00
X-A2		0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.000000		0.00
X-B		0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.000000		0.00
B-1		8,588,000.00		8,588,000.00		0.00		0.00		0.00		0.00		0.00		8,588,000.00		1.000000		0.00
B-2		6,134,000.00		6,134,000.00		0.00		0.00		0.00		0.00		0.00		6,134,000.00		1.000000		0.00
B-3		3,680,000.00		3,680,000.00		0.00		0.00		0.00		0.00		0.00		3,680,000.00		1.000000		0.00
B-4		2,453,000.00		2,453,000.00		0.00		0.00		0.00		0.00		0.00		2,453,000.00		1.000000		0.00
B-5		920,000.00		920,000.00		0.00		0.00		0.00		0.00		0.00		920,000.00		1.000000		0.00
B-6		2,762,778.00		2,762,778.00		0.00		0.00		0.00		0.00		0.00		2,762,778.00		1.000000		0.00
A-R		100.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.000000		0.00

Totals		831,770,493.00		497,065,045.91		1,862.21		34,820,158.15		0.00		0.00		34,822,020.36		462,243,025.54		0.555734		34,822,020.36

Principal Distribution Factors Statement


			Beginning		Scheduled		Unscheduled						Total		Ending		Ending		Total
	Original Face		Certificate		Principal		Principal				Realized		Principal		Certificate		Certificate		Principal
Class	Amount		Balance		Distribution		Distribution		Accretion		Loss		Reduction		Balance		Percentage		Distribution

A-1		380,510,000.00		619.331098		0.003740		48.160505		0.000000		0.000000		48.164245		571.166854		0.571167		48.164245
A-2		208,392,000.00		604.514028		0.002107		41.958179		0.000000		0.000000		41.960286		562.553742		0.562554		41.960286
A-3		218,330,615.00		507.898099		0.000000		35.500544		0.000000		0.000000		35.500544		472.397555		0.472398		35.500544
X-A1		0.00		0.000000		0.000000		0.000000		0.000000		0.000000		0.000000		0.000000		0.000000		0.000000
X-A2		0.00		0.000000		0.000000		0.000000		0.000000		0.000000		0.000000		0.000000		0.000000		0.000000
X-B		0.00		0.000000		0.000000		0.000000		0.000000		0.000000		0.000000		0.000000		0.000000		0.000000
B-1		8,588,000.00		1000.000000		0.000000		0.000000		0.000000		0.000000		0.000000		1000.000000		1.000000		0.000000
B-2		6,134,000.00		1000.000000		0.000000		0.000000		0.000000		0.000000		0.000000		1000.000000		1.000000		0.000000
B-3		3,680,000.00		1000.000000		0.000000		0.000000		0.000000		0.000000		0.000000		1000.000000		1.000000		0.000000
B-4		2,453,000.00		1000.000000		0.000000		0.000000		0.000000		0.000000		0.000000		1000.000000		1.000000		0.000000
B-5		920,000.00		1000.000000		0.000000		0.000000		0.000000		0.000000		0.000000		1000.000000		1.000000		0.000000
B-6		2,762,778.00		1000.000000		0.000000		0.000000		0.000000		0.000000		0.000000		1000.000000		1.000000		0.000000
A-R		100.00		0.000000		0.000000		0.000000		0.000000		0.000000		0.000000		0.000000		0.000000		0.000000

Interest Distribution- Statement


												Payment
												of				Non-				Remaining		Ending
					Current			Beginning		Current		Unpaid		Current		Supported				Unpaid		Certificate/
			Accrual		Certificate			Certificate/		Accrued		Interest		Interest		Interest		Total Interest		Interest		Notational
Class	Accural Dates		Days		Rate			Notional Balance		Interest		Shortfall		Shortfall		Shortfall(1)		Distribution		Shortfall(2)		Balance

A-1		12/20/05 – 01/19/06		30		4.64000	%		235,661,676.28		911,225.15		0.00		0.00		0.00		911,225.15		0.00		217,334,699.45
A-2		12/20/05 – 01/19/06		30		4.95688	%		125,975,887.41		520,372.80		0.00		0.00		0.00		520,372.80		0.00		117,231,699.44
A-3		12/20/05 – 01/19/06		30		4.98688	%		110,889,704.22		460,828.04		0.00		0.00		0.00		460,828.04		0.00		103,138,848.65
X-A1		12/01/05 – 12/30/05		30		0.65129	%		361,637,563.69		196,275.28		0.00		0.00		0.00		196,275.28		0.00		334,566,398.89
X-A2		12/01/05 – 12/30/05		30		0.36439	%		110,889,704.22		33,672.52		0.00		0.00		0.00		33,672.52		0.00		103,138,848.65
X-B		12/01/05 – 12/30/05		30		0.30936	%		18,402,000.00		4,744.11		0.00		0.00		0.00		4,077.19		0.00		18,402,000.00
B-1		12/20/05 – 01/19/06		30		4.87000	%		8,588,000.00		34,852.97		0.00		0.00		0.00		34,852.97		0.00		8,588,000.00
B-2		12/20/05 – 01/19/06		30		5.22000	%		6,134,000.00		26,682.90		0.00		0.00		0.00		26,682.90		0.00		6,134,000.00
B-3		12/20/05 – 01/19/06		30		5.62000	%		3,680,000.00		17,234.67		0.00		0.00		0.00		17,234.67		0.00		3,680,000.00
B-4		12/01/05 – 12/30/05		30		5.40253	%		2,453,000.00		11,043.66		0.00		0.00		0.00		11,043.66		0.00		2,453,000.00
B-5		12/01/05 – 12/30/05		30		5.40253	%		920,000.00		4,141.94		0.00		0.00		0.00		4,141.94		0.00		920,000.00
B-6		12/01/05 – 12/30/05		30		5.40253	%		2,762,778.00		12,438.31		0.00		0.00		0.00		12,438.31		0.00		2,762,778.00
A-R		N/A		N/A		4.81920	%		0.00		0.00		0.00		0.00		0.00		0.23		0.00		0.00

Totals											2,233,512.35		0.00		0.00		0.00		2,232,845.66		0.00

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

Interest Distribution Factors Statement


								Beginning				Payment of				Non-				Remaining		Ending
					Current			Certificate/		Current		Unpaid		Current		Supported				Unpaid		Certificate/
			Original Face		Certificate			Notional		Accrued		Interest		Interest		Interest		Total Interest		Interest		Notational
Class	Accural Dates		Amount		Rate			Balance		Interest		Shortfall		Shortfall(1)		Shortfall		Distribution		Shortfall(2)		Balance

A-1		12/20/05 – 01/19/06		380,510,000.00		4.64000	%		619.331098		2.394747		0.000000		0.000000		0.000000		2.394747		0.000000		571.166854
A-2		12/20/05 – 01/19/06		208,392,000.00		4.95688	%		604.514028		2.497086		0.000000		0.000000		0.000000		2.497086		0.000000		562.553742
A-3		12/20/05 – 01/19/06		218,330,615.00		4.98688	%		507.898099		2.110689		0.000000		0.000000		0.000000		2.110689		0.000000		472.397555
X-A1		12/01/05 – 12/30/05		0.00		0.65129	%		614.087851		0.333290		0.000000		0.000000		0.000000		0.333290		0.000000		568.118972
X-A2		12/01/05 – 12/30/05		0.00		0.36439	%		507.898099		0.154227		0.000000		0.000000		0.000000		0.154227		0.000000		472.397555
X-B		12/01/05 – 12/30/05		0.00		0.30936	%		1000.000000		0.257804		0.000000		0.000000		0.000000		0.221562		0.000000		1000.000000
B-1		12/20/05 – 01/19/06		8,588,000.00		4.87000	%		1000.000000		4.058334		0.000000		0.000000		0.000000		4.058334		0.000000		1000.000000
B-2		12/20/05 – 01/19/06		6,134,000.00		5.22000	%		1000.000000		4.350000		0.000000		0.000000		0.000000		4.350000		0.000000		1000.000000
B-3		12/20/05 – 01/19/06		3,680,000.00		5.62000	%		1000.000000		4.683334		0.000000		0.000000		0.000000		4.683334		0.000000		1000.000000
B-4		12/01/05 – 12/30/05		2,453,000.00		5.40253	%		1000.000000		4.502104		0.000000		0.000000		0.000000		4.502104		0.000000		1000.000000
B-5		12/01/05 – 12/30/05		920,000.00		5.40253	%		1000.000000		4.502109		0.000000		0.000000		0.000000		4.501109		0.000000		1000.000000
B-6		12/01/05 – 12/30/05		2,762,778.00		5.40253	%		1000.000000		4.502103		0.000000		0.000000		0.000000		4.502103		0.000000		1000.000000
A-R		N/A		100.00		4.81920	%		0.000000		0.000000		0.000000		0.000000		0.000000		2.300000		0.000000		0.000000

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

Certificateholder Account Statement

Certificate Account


Beginning Balance			0.00

Deposits
Payments of Interest and Principal			37,163,185.46
Reserve Funds and Credit Enhancements			0.00
Proceeds from Repurchased Loans			0.00
Servicer Advances			55,603.86
Realized Loss (Gains, Subsequent Expenses & Recoveries)			0.00
Prepayment Penalties			0.00
Swap/Cap Payments			0.00

Total Deposits			37,218,789.32

Withdrawals
Swap Payments			0.00
Reserve Funds and Credit Enhancements			0.00
Reimbursement for Servicer Advances			39,992.05
Total Administration Fees			123,931.25
Payment of Interest and Principal			37,054,866.02

Total Withdrawals (Pool Distribution Amount)			37,218,789.32

Ending Balance			0.00

Prepayment/Curtailment Interest Shortfall


Total Prepayment/Curtailment Interest Shortfall			0.00
Servicing Fee Support			0.00


Non-Supported Prepayment Curtailment Interest Shortfall			0.00

Administration Fees


Gross Servicing Fee*			120,713.12
Master Servicing Fee			3,218.13
Supported Prepayment/Curtailment Interest Shortfall			0.00


Total Administration Fees			123,931.25

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

Reserve Accounts


	Beginning		Current		Current		Ending
Account Type	Balance		Withdrawals		Deposits		Balance

Class X-A1 Pool 1 Comp. Sub Amount		3,000.00		0.00		0.00		3,000.00
Class X-A1 Pool 2 Comp. Sub Amount		3,000.00		0.00		0.00		3,000.00
Class X-A2 Sub Amount		3,000.00		0.00		0.00		3,000.00
Class X-B Sub Amount		1,000.00		666.92		666.92		1,000.00

Collateral Statement


Collateral Description	Fixed & Mixed Arm
Weighted Average Gross Coupon		5.786321	%
Weighted Average Net Coupon		5.411217	%
Weighted Average Pass-Through Rate		4.649583	%
Weighted Average Remaining Term		327

Beginning Scheduled Collateral Loan Count		1,191
Number of Loans Paid in Full		70
Ending Scheduled Collateral Loan Count		1,121

Beginning Scheduled Collateral Balance		386,175,342.60
Ending Scheduled Collateral Balance		359,104,177.80
Ending Actual Collateral Balance at 30-Dec-2005		359,105,272.68

Monthly P&I Constant		1,863,974.27
Special Servicing Fee		0.00
Prepayment Penalty Waived Amount		0.00
Prepayment Penalty Waived Count		0
Prepayment Penalty Paid Amount		0.00
Prepayment Penalty Paid Count		0
Realized Loss Amount		0.00
Cumulative Realized Loss		0.00

Scheduled Principal		1,862.21
Unscheduled Principal		27,069,302.59


Group	Group One		Group Two		Total
Collateral Description	Mixed ARM		6 Month LIBOR ARM		Mixed ARM
Weighted Average Coupon Rate		5.732201		5.887406		5.786321
Weighted Average Net Rate		5.357170		5.512168		5.411217
		0.000000		0.000000		4.649583
Weighted Average Remaining Term		326		331		327
Record Date		12/30/2005		12/30/2005		12/30/2005
Principal and Interest Constant		1,202,875.35		661,098.92		1,863,974.27
Beginning Loan Count		749		442		1,191
Loans Paid in Full		47		23		70
Ending Loan Count		702		419		1,121
Beginning Scheduled Balance		251,516,395.13		134,658,947.47		386,175,342.60
Ending Scheduled Balance		233,189,418.30		125,914,759.50		359,104,177.80
Scheduled Principal		1,423.18		439.03		1,862.21
Unscheduled Principal		18,325,553.65		8,743,748.94		27,069,302.59
Scheduled Interest		1,201,452.17		660,659.89		1,862,112.06
Servicing Fee		78,605.51		42,107.61		120,713.12
Master Servicing Fee		2,095.97		1,122.16		3,218.13
Trustee Fee		0.00		0.00		0.00
FRY Amount		0.00		0.00		0.00
Special Hazard Fee		0.00		0.00		0.00
Other Fee		0.00		0.00		0.00
Pool Insurance Fee		0.00		0.00		0.00
Spread 1		0.00		0.00		0.00
Spread 2		0.00		0.00		0.00
Spread 3		0.00		0.00		0.00
Net Interest		1,120,750.69		617,430.12		1,738,180.81
Realized Loss Amount		0.00		0.00		0.00
Cumulative Realized Loss		0.00		0.00		0.00
Percentage of Cumulative Losses		0.00		0.00		0.00
Prepayment Penalty Waived Amount		0.00		0.00		0.00
Prepayment Penalty Waived Count		0		0		0
Prepayment Penalty Paid Amount		0.00		0.00		0.00
Prepayment Penalty Paid Count		0		0		0
Special Servicing Fee		0.00		0.00		0.00

Miscellaneous Reporting


Rapid Prepay Event?	NO
Underlying Certificate Balance		0.00
Underlying Certificate Interest		0.00
Underlying Certificate Principal		0.00

Miscellaneous Reporting


Group One
One Month Libor Loan Balance	129,897,352.54
Six Month Libor Loan Balance	103,292,065.76
Principal Transfer Amount	0.00
Interest Transfer Amount	0.00
Pro Rata Senior Percent	93.696348	%
Senior Percent	100.000000	%
Senior Prepayment Percent	100.000000	%
Subordinate Percent	0.000000	%
Subordinate Prepayment Percent	0.000000	%

Group Two
Principal Transfer Amount	0.00
Interest Transfer Amount	0.00
Pro Rata Senior Percent	93.551814	%
Senior Percent	100.000000	%
Senior Prepayment Percent	100.000000	%
Subordinate Percent	0.000000	%
Subordinate Prepayment Percent	0.000000	%

Loan Status Stratification/Credit Enhancement Statement


DELINQUENT							BANKRUPTCY							FORECLOSURE							REO							TOTAL
	No. of			Principal				No. of			Principal				No. of			Principal				No. of			Principal				No. of			Principal
	Loans			Balance				Loans			Balance				Loans			Balance				Loans			Balance				Loans			Balance
0-29 Days		0			0.00		0-29 Days		0			0.00		0-29 Days		0			0.00		0-29 Days		0			0.00		0-29 Days		0			0.00
30 Days		26			10,532,340.94		30 Days		0			0.00		30 Days		0			0.00		30 Days		0			0.00		30 Days		26			10,532,340.94
60 Days		4			1,167,553.82		60 Days		0			0.00		60 Days		0			0.00		60 Days		0			0.00		60 Days		4			1,167,553.82
90 Days		0			0.00		90 Days		0			0.00		90 Days		0			0.00		90 Days		0			0.00		90 Days		0			0.00
120 Days		1			185,466.73		120 Days		0			0.00		120 Days		0			0.00		120 Days		0			0.00		120 Days		1			185,466.73
150 Days		1			168,000.00		150 Days		0			0.00		150 Days		0			0.00		150 Days		0			0.00		150 Days		1			168,000.00
180+ Days		0			0.00		180+ Days		0			0.00		180+ Days		0			0.00		180+ Days		0			0.00		180+ Days		0			0.00

		32			12,053,361.49				0			0.00				0			0.00				0			0.00				32			12,053,361.49

	No. of			Principal				No. of			Principal				No. of			Principal				No. of			Principal				No. of			Principal
	Loans			Balance				Loans			Balance				Loans			Balance				Loans			Balance				Loans			Balance
0-29 Days		0.000000	%		0.000000	%	0-29 Days		0.000000	%		0.000000	%	0-29 Days		0.000000	%		0.000000	%	0-29 Days		0.000000	%		0.000000	%	0-29 Days		0.000000	%		0.000000	%
30 Days		2.319358	%		2.932940	%	30 Days		0.000000	%		0.000000	%	30 Days		0.000000	%		0.000000	%	30 Days		0.000000	%		0.000000	%	30 Days		2.319358	%		2.932940	%
60 Days		0.356824	%		0.325129	%	60 Days		0.000000	%		0.000000	%	60 Days		0.000000	%		0.000000	%	60 Days		0.000000	%		0.000000	%	60 Days		0.356824	%		0.325129	%
90 Days		0.000000	%		0.000000	%	90 Days		0.000000	%		0.000000	%	90 Days		0.000000	%		0.000000	%	90 Days		0.000000	%		0.000000	%	90 Days		0.000000	%		0.000000	%
120 Days		0.089206	%		0.051647	%	120 Days		0.000000	%		0.000000	%	120 Days		0.000000	%		0.000000	%	120 Days		0.000000	%		0.000000	%	120 Days		0.089206	%		0.051647	%
150 Days		0.089206	%		0.046783	%	150 Days		0.000000	%		0.000000	%	150 Days		0.000000	%		0.000000	%	150 Days		0.000000	%		0.000000	%	150 Days		0.089206	%		0.046783	%
180+ Days		0.000000	%		0.000000	%	180+ Days		0.000000	%		0.000000	%	180+ Days		0.000000	%		0.000000	%	180+ Days		0.000000	%		0.000000	%	180+ Days		0.000000	%		0.000000	%

		2.854594	%		3.356598	%			0.000000	%		0.000000	%			0.000000	%		0.000000	%			0.000000	%		0.000000	%			2.854594	%		3.356598	%


Current Period Class A Insufficient Funds:			0.00			Principal Balance of Contaminated Properties			0.00			Periodic Advance			55,603.86

Delinquency Status by Group


DELINQUENT								BANKRUPTCY						FORECLOSURE							REO							TOTAL
*Group One*
	No. of			Principal				No. of			Principal				No. of			Principal				No. of			Principal				No. of			Principal
	Loans			Balance				Loans			Balance				Loans			Balance				Loans			Balance				Loans			Balance
0-29 Days		0			0.00		0-29 Days		0			0.00		0-29 Days		0			0.00		0-29 Days		0			0.00		0-29 Days		0			0.00
30 Days		12			6,316,122.89		30 Days		0			0.00		30 Days		0			0.00		30 Days		0			0.00		30 Days		12			6,316,122.89
60 Days		1			275,305.00		60 Days		0			0.00		60 Days		0			0.00		60 Days		0			0.00		60 Days		1			275,305.00
90 Days		0			0.00		90 Days		0			0.00		90 Days		0			0.00		90 Days		0			0.00		90 Days		0			0.00
120 Days		1			184,466.73		120 Days		0			0.00		120 Days		0			0.00		120 Days		0			0.00		120 Days		1			184,466.73
150 Days		1			168,000.00		150 Days		0			0.00		150 Days		0			0.00		150 Days		0			0.00		150 Days		1			168,000.00
180+ Days		0			0.00		180+ Days		0			0.00		180+ Days		0			0.00		180+ Days		0			0.00		180+ Days		0			0.00

		15			6,944,894.62				0			0.00				0			0.00				0			0.00				15			6,944,894.62

	No. of			Principal				No. of			Principal				No. of			Principal				No. of			Principal				No. of			Principal
	Loans			Balance				Loans			Balance				Loans			Balance				Loans			Balance				Loans			Balance
0-29 Days		0.000000	%		0.000000	%	0-29 Days		0.000000	%		0.000000	%	0-29 Days		0.000000	%		0.000000	%	0-29 Days		0.000000	%		0.000000	%	0-29 Days		0.000000	%		0.000000	%
30 Days		1.709402	%		2.708573	%	30 Days		0.000000	%		0.000000	%	30 Days		0.000000	%		0.000000	%	30 Days		0.000000	%		0.000000	%	30 Days		1.709402	%		2.708573	%
60 Days		0.142450	%		0.118060	%	60 Days		0.000000	%		0.000000	%	60 Days		0.000000	%		0.000000	%	60 Days		0.000000	%		0.000000	%	60 Days		0.142450	%		0.118060	%
90 Days		0.000000	%		0.000000	%	90 Days		0.000000	%		0.000000	%	90 Days		0.000000	%		0.000000	%	90 Days		0.000000	%		0.000000	%	90 Days		0.000000	%		0.000000	%
120 Days		0.142450	%		0.079535	%	120 Days		0.000000	%		0.000000	%	120 Days		0.000000	%		0.000000	%	120 Days		0.000000	%		0.000000	%	120 Days		0.142450	%		0.079535	%
150 Days		0.142450	%		0.072044	%	150 Days		0.000000	%		0.000000	%	150 Days		0.000000	%		0.000000	%	150 Days		0.000000	%		0.000000	%	150 Days		0.142450	%		0.072044	%
180+ Days		0.000000	%		0.000000	%	180+ Days		0.000000	%		0.000000	%	180+ Days		0.000000	%		0.000000	%	180+ Days		0.000000	%		0.000000	%	180+ Days		0.000000	%		0.000000	%

		2.136752	%		2.978212	%			0.000000	%		0.000000	%			0.000000	%		0.000000	%			0.000000	%		0.000000	%			2.136752	%		2.978212	%


DELINQUENT							BANKRUPTCY							FORECLOSURE							REO							TOTAL
*Group Two*								1.183654%
	No. of			Principal				No. of			Principal				No. of			Principal				No. of			Principal				No. of			Principal
	Loans			Balance				Loans			Balance				Loans			Balance				Loans			Balance				Loans			Balance
0-29 Days		0			0.00		0-29 Days		0			0.00		0-29 Days		0			0.00		0-29 Days		0			0.00		0-29 Days		0			0.00
30 Days		14			4,216,218.05		30 Days		0			0.00		30 Days		0			0.00		30 Days		0			0.00		30 Days		14			4,216,218.05
60 Days		3			892,248.82		60 Days		0			0.00		60 Days		0			0.00		60 Days		0			0.00		60 Days		3			892,248.82
90 Days		0			0.00		90 Days		0			0.00		90 Days		0			0.00		90 Days		0			0.00		90 Days		0			0.00
120 Days		0			0.00		120 Days		0			0.00		120 Days		0			0.00		120 Days		0			0.00		120 Days		0			0.00
150 Days		0			0.00		150 Days		0			0.00		150 Days		0			0.00		150 Days		0			0.00		150 Days		0			0.00
180+ Days		0			0.00		180+ Days		0			0.00		180+ Days		0			0.00		180+ Days		0			0.00		180+ Days		0			0.00

		17			5,108,466.87				0			0.00				0			0.00				0			0.00				17			5,108,466.87

	No. of			Principal				No. of			Principal				No. of			Principal				No. of			Principal				No. of			Principal
	Loans			Balance				Loans			Balance				Loans			Balance				Loans			Balance				Loans			Balance
0-29 Days		0.000000	%		0.000000	%	0-29 Days		0.000000	%		0.000000	%	0-29 Days		0.000000	%		0.000000	%	0-29 Days		0.000000	%		0.000000	%	0-29 Days		0.000000	%		0.000000	%
30 Days		3.341289	%		3.348458	%	30 Days		0.000000	%		0.000000	%	30 Days		0.000000	%		0.000000	%	30 Days		0.000000	%		0.000000	%	30 Days		3.341289	%		3.348458	%
60 Days		0.715990	%		0.708611	%	60 Days		0.000000	%		0.000000	%	60 Days		0.000000	%		0.000000	%	60 Days		0.000000	%		0.000000	%	60 Days		0.715990	%		0.708611	%
90 Days		0.000000	%		0.000000	%	90 Days		0.000000	%		0.000000	%	90 Days		0.000000	%		0.000000	%	90 Days		0.000000	%		0.000000	%	90 Days		0.000000	%		0.000000	%
120 Days		0.000000	%		0.000000	%	120 Days		0.000000	%		0.000000	%	120 Days		0.000000	%		0.000000	%	120 Days		0.000000	%		0.000000	%	120 Days		0.000000	%		0.000000	%
150 Days		0.000000	%		0.000000	%	150 Days		0.000000	%		0.000000	%	150 Days		0.000000	%		0.000000	%	150 Days		0.000000	%		0.000000	%	150 Days		0.000000	%		0.000000	%
180+ Days		0.000000	%		0.000000	%	180+ Days		0.000000	%		0.000000	%	180+ Days		0.000000	%		0.000000	%	180+ Days		0.000000	%		0.000000	%	180+ Days		0.000000	%		0.000000	%

		4.057279	%		4.057069	%			0.000000	%		0.000000	%			0.000000	%		0.000000	%			0.000000	%		0.000000	%			4.057279	%		4.057069	%