Certificateholder Distribution Summary for SMT Series 2005-1 Administered by Wells Fargo Bank Minnesota, N.A.

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Summary

This document is a distribution summary for certificateholders of the SMT Series 2005-1, prepared by Wells Fargo Bank Minnesota, N.A. It details the interest and principal payments made to holders of various classes of certificates as of October 31, 2005, with distributions occurring on November 21, 2005. The summary includes beginning and ending balances, distribution amounts, and confirms that all calculations were made in accordance with the Pooling and Servicing Agreement. No realized losses or interest shortfalls are reported for this period.

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EX-10.1 2 f15324bexv10w1.txt EXHIBIT 10.1 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) 815-6600 FAX: (301) 315-6660 SMT SERIES 2005-1 RECORD DATE: OCTOBER 31, 2005 DISTRIBUTION DATE: NOVEMBER 21, 2005 CERTIFICATEHOLDER DISTRIBUTION SUMMARY
Certificate Certificate Beginning Current Ending Cumulative Class Pass-Through Certificate Interest Principal Realized Certificate Total Realized Class CUSIP Description Rate Balance Distribution Distribution Loss Balance Distribution Loss - ----- --------- ----------- ------------ -------------- ------------ ------------- -------- -------------- ------------- ---------- A-1 81744FGM# SEN 4.23000% 215,911,874.62 761,089.36 12,177,298.75 0.00 203,734,575.87 12,938,388.11 0.00 A-2 81744FGN1 SEN 4.10000% 76,447,122.08 261,194.33 1,839,850.87 0.00 74,607,271.21 2,101,045.20 0.00 X-A 81744FGP6 IO 0.60969% 0.00 148,540.15 0.00 0.00 0.00 148,540.15 0.00 X-B 81744FGS0 IO 0.23323% 0.00 1,703.67 0.00 0.00 0.00 1,703.67 0.00 B-1 81744FGQ4 SUB 4.42000% 7,067,000.00 26,030.12 0.00 0.00 7,067,000.00 26,030.12 0.00 B-2 81744FGR2 SUB 4.70000% 3,949,000.00 15,466.92 0.00 0.00 3,949,000.00 15,466.92 0.00 B-3 81744FGU5 SUB 5.25000% 2,495,000.00 10,915.63 0.00 0.00 2,495,000.00 10,915.63 0.00 B-4 81744FGV3 SUB 4.80642% 1,455,000.00 5,827.79 0.00 0.00 1,455,000.00 5,827.79 0.00 B-5 81744FGW1 SUB 4.80642% 831,000.00 3,328.45 0.00 0.00 831,000.00 3,328.45 0.00 B-6 81744FGX9 SUB 4.80642% 1,871,544.03 7,496.19 0.00 0.00 1,871,544.03 7,496.19 0.00 A-R 81744FGT8 RES 3.94571% 0.00 0.23 0.00 0.00 0.00 0.23 0.00 -------------- ------------ ------------- ---- -------------- ------------- ---- Totals 310,027,540.73 1,241,592.84 14,017,149.62 0.00 296,010,391.11 15,258,742.46 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 Original Face Certificate Principal Principal Realized Principal Class Amount Balance Distribution Distribution Accretion Loss (1) Reduction - ------ -------------- -------------- ------------ ------------- --------- -------- ------------- A-1 298,055,000.00 215,911,874.62 0.00 12,177,298.75 0.00 0.00 12,177,298.75 A-2 100,000,000.00 76,447,122.08 0.00 1,839,850.87 0.00 0.00 1,839,850.87 X-A 0.00 0.00 0.00 0.00 0.00 0.00 0.00 X-B 0.00 0.00 0.00 0.00 0.00 0.00 0.00 B-1 7,067,000.00 7,067,000.00 0.00 0.00 0.00 0.00 0.00 B-2 3,949,000.00 3,949,000.00 0.00 0.00 0.00 0.00 0.00 B-3 2,495,000.00 2,495,000.00 0.00 0.00 0.00 0.00 0.00 B-4 1,455,000.00 1,455,000.00 0.00 0.00 0.00 0.00 0.00 B-5 831,000.00 831,000.00 0.00 0.00 0.00 0.00 0.00 B-6 1,871,544.03 1,871,544.03 0.00 0.00 0.00 0.00 0.00 A-R 100.00 0.00 0.00 0.00 0.00 0.00 0.00 -------------- -------------- ---- ------------- ---- ---- ------------- Totals 415,723,644.03 310,027,540.73 0.00 14,017,149.62 0.00 0.00 14,017,149.62 -------------- -------------- ---- ------------- ---- ---- ------------- Ending Ending Certificate Certificate Total Principal Class Balance Percentage Distribution - ------ -------------- ----------- --------------- A-1 203,734,575.87 0.68354692 12,177,298.75 A-2 74,607,271.21 0.74607271 1,839,850.87 X-A 0.00 0.00000000 0.00 X-B 0.00 0.00000000 0.00 B-1 7,067,000.00 1.00000000 0.00 B-2 3,949,000.00 1.00000000 0.00 B-3 2,495,000.00 1.00000000 0.00 B-4 1,455,000.00 1.00000000 0.00 B-5 831,000.00 1.00000000 0.00 B-6 1,871,544.03 1.00000000 0.00 A-R 0.00 0.00000000 0.00 -------------- ---------- ------------- Totals 296,010,391.11 0.71203646 14,017,149.62 -------------- ---------- -------------
(1) Amount does not include excess special hazard, bankruptcy, or fraud losses unless otherwise disclosed. Please refer to the prospectus supplement for a full description. PRINCIPAL DISTRIBUTION FACTORS STATEMENT
Beginning Scheduled Unscheduled Original Face Certificate Principal Principal Realized Total Principal Class Amount Balance Distribution Distribution Accretion Loss (3) Reduction - ----- -------------- ------------- ------------ ------------ ---------- ---------- --------------- A-1 298,055,000.00 724.40279351 0.00000000 40.85587811 0.00000000 0.00000000 40.85587811 A-2 100,000,000.00 764.47122080 0.00000000 18.39850870 0.00000000 0.00000000 18.39850870 X-A 0.00 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 X-B 0.00 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-1 7,067,000.00 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-2 3,949,000.00 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-3 2,495,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-4 1,455,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-5 831,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-6 1,871,544.03 1000.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A-R 100.00 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 Ending Ending Certificate Certificate Total Principal Class Balance Percentage Distribution - ----- ------------- ----------- --------------- A-1 683.54691540 0.68354692 40.85587811 A-2 746.07271210 0.74607271 18.39850870 X-A 0.00000000 0.00000000 0.00000000 X-B 0.00000000 0.00000000 0.00000000 B-1 1000.00000000 1.00000000 0.00000000 B-2 1000.00000000 1.00000000 0.00000000 B-3 1000.00000000 1.00000000 0.00000000 B-4 1000.00000000 1.00000000 0.00000000 B-5 1000.00000000 1.00000000 0.00000000 B-6 1000.00000000 1.00000000 0.00000000 A-R 0.00000000 0.00000000 0.00000000
(3) Amount does not include excess special hazard, bankruptcy, or fraud losses unless otherwise disclosed. Please refer to the prospectus supplement for a full description. INTEREST DISTRIBUTION STATEMENT
Beginning Payment Current Certificate/ Current of Unpaid Current Non-Supported Original Face Certificate Notional Accrued Interest Interest Interest Realized Class Amount Rate Balance Interest Shortfall Shortfall Shortfall Loss (4) - ----- -------------- ----------- -------------- ------------ --------- --------- --------- ------------- A-1 298,055,000.00 4.23000% 215,911,874.62 761,089.36 0.00 0.00 0.00 0.00 A-2 100,000,000.00 4.10000% 76,447,122.08 261,194.33 0.00 0.00 0.00 0.00 X-A 0.00 0.60969% 292,358,996.70 148,540.15 0.00 0.00 0.00 0.00 X-B 0.00 0.23323% 13,511,000.00 2,625.94 0.00 0.00 0.00 0.00 B-1 7,067,000.00 4.42000% 7,067,000.00 26,030.12 0.00 0.00 0.00 0.00 B-2 3,949,000.00 4.70000% 3,949,000.00 15,466.92 0.00 0.00 0.00 0.00 B-3 2,495,000.00 5.25000% 2,495,000.00 10,915.63 0.00 0.00 0.00 0.00 B-4 1,455,000.00 4.80642% 1,455,000.00 5,827.79 0.00 0.00 0.00 0.00 B-5 831,000.00 4.80642% 831,000.00 3,328.45 0.00 0.00 0.00 0.00 B-6 1,871,544.03 4.80642% 1,871,544.03 7,496.19 0.00 0.00 0.00 0.00 A-R 100.00 3.94571% 0.00 0.00 0.00 0.00 0.00 0.00 -------------- ------------ ---- ---- ---- ---- Totals 415,723,644.03 1,242,514.88 0.00 0.00 0.00 0.00 -------------- ------------ ---- ---- ---- ---- Remaining Ending Unpaid Certificate/ Total Interest Interest Notational Class Distribution Shortfall Balance - ----- -------------- --------- -------------- A-1 761,089.36 0.00 203,734,575.87 A-2 261,194.33 0.00 74,607,271.21 X-A 148,540.15 0.00 278,341,847.08 X-B 1,703.67 0.00 13,511,000.00 B-1 26,030.12 0.00 7,067,000.00 B-2 15,466.92 0.00 3,949,000.00 B-3 10,915.63 0.00 2,495,000.00 B-4 5,827.79 0.00 1,455,000.00 B-5 3,328.45 0.00 831,000.00 B-6 7,496.19 0.00 1,871,544.03 A-R 0.23 0.00 0.00 ------------ ---- Totals 1,241,592.84 0.00 ------------ ----
(4) Amount does not include excess special hazard, bankruptcy, or fraud losses unless otherwise disclosed. Please refer to the prospectus supplement for a full description. INTEREST DISTRIBUTION FACTORS STATEMENT
Payment of Non-Supported Current Beginning Unpaid Current Interest Class Original Face Certificate Certificate/ Current Accrued Interest Interest Shortfall Realized (5) Amount Rate Notional Balance Interest Shortfall Shortfall Loss (6) - ----- -------------- ----------- ---------------- --------------- ---------- ---------- ------------- ---------- A-1 298,055,000.00 4.23000% 724.40279351 2.55351985 0.00000000 0.00000000 0.00000000 0.00000000 A-2 100,000,000.00 4.10000% 764.47122080 2.61194330 0.00000000 0.00000000 0.00000000 0.00000000 X-A 0.00 0.60969% 734.46884652 0.37316489 0.00000000 0.00000000 0.00000000 0.00000000 X-B 0.00 0.23323% 1000.00000000 0.19435571 0.00000000 0.00000000 0.00000000 0.00000000 B-1 7,067,000.00 4.42000% 1000.00000000 3.68333381 0.00000000 0.00000000 0.00000000 0.00000000 B-2 3,949,000.00 4.70000% 1000.00000000 3.91666751 0.00000000 0.00000000 0.00000000 0.00000000 B-3 2,495,000.00 5.25000% 1000.00000000 4.37500200 0.00000000 0.00000000 0.00000000 0.00000000 B-4 1,455,000.00 4.80642% 1000.00000000 4.00535395 0.00000000 0.00000000 0.00000000 0.00000000 B-5 831,000.00 4.80642% 1000.00000000 4.00535499 0.00000000 0.00000000 0.00000000 0.00000000 B-6 1,871,544.03 4.80642% 1000.00000000 4.00535060 0.00000000 0.00000000 0.00000000 0.00000000 A-R 100.00 3.94571% 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 Remaining Unpaid Class Total Interest Interest Ending Certificate/ (5) Distribution Shortfall Notational Balance - ----- -------------- ---------- ------------------- A-1 2.55351985 0.00000000 683.54691540 A-2 2.61194330 0.00000000 746.07271210 X-A 0.37316489 0.00000000 699.25474389 X-B 0.12609503 0.00000000 1000.00000000 B-1 3.68333381 0.00000000 1000.00000000 B-2 3.91666751 0.00000000 1000.00000000 B-3 4.37500200 0.00000000 1000.00000000 B-4 4.00535395 0.00000000 1000.00000000 B-5 4.00535499 0.00000000 1000.00000000 B-6 4.00535060 0.00000000 1000.00000000 A-R 2.30000000 0.00000000 0.00000000
(5) Per $1 denomination (6) Amount does not include excess special hazard, bankruptcy, or fraud losses unless otherwise disclosed. Please refer to the prospectus supplement for a full description. CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 15,358,923.89 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 0.00 Realized Losses (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 ------------- Total Deposits 15,358,923.89 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 100,181.43 Payment of Interest and Principal 15,258,742.46 ------------- Total Withdrawals (Pool Distribution Amount) 15,358,923.89 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 ====
SERVICING FEES Gross Servicing Fee 96,951.98 Master Servicing Fee 3,229.45 Supported Prepayment/Curtailment Interest Shortfall 0.00 ---------- Net Servicing Fee 100,181.43 ==========
OTHER ACCOUNTS
Beginning Current Current Ending Account Type Balance Withdrawals Deposits Balance - ----------------------- --------- ----------- -------- -------- X-A Pool 1 Reserve Fund 4,500.00 0.00 0.00 4,500.00 X-A Pool 2 Reserve Fund 4,500.00 0.00 0.00 4,500.00 X-B Reserve Fund 1,000.00 922.27 922.27 1,000.00
LOAN STATUS STRATIFICATION/CREDIT ENHANCEMENT STATEMENT DELINQUENT
No. of Principal Loans Balance ------- ------------ 0-29 Days 0 0.00 30 Days 15 4,831,951.55 60 Days 0 0.00 90 Days 0 0.00 120 Days 1 160,196.23 150 Days 0 0.00 180+ Days 0 0.00 -- ------------ 16 4,992,147.78
No. of Principal Loans Balance 0-29 Days 0.000000% 0.000000% 30 Days 1.672241% 1.632357% 60 Days 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 120 Days 0.111483% 0.054118% 150 Days 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% -------- -------- 1.783724% 1.686475%
BANKRUPTCY
No. of Principal Loans Balance 0-29 Days 0 0.00 30 Days 0 0.00 60 Days 0 0.00 90 Days 0 0.00 120 Days 0 0.00 150 Days 0 0.00 180+ Days 0 0.00 -- ---- 0 0.00
No. of Principal Loans Balance 0-29 Days 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% -------- -------- 0.000000% 0.000000%
FORECLOSURE
No. of Principal Loans Balance 0-29 Days 0 0.00 30 Days 0 0.00 60 Days 0 0.00 90 Days 0 0.00 120 Days 0 0.00 150 Days 0 0.00 180+ Days 0 0.00 -- ---- 0 0.00
No. of Principal Loans Balance 0-29 Days 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% -------- -------- 0.000000% 0.000000%
REO
No. of Principal Loans Balance 0-29 Days 0 0.00 30 Days 0 0.00 60 Days 0 0.00 90 Days 0 0.00 120 Days 0 0.00 150 Days 0 0.00 180+ Days 0 0.00 -- ---- 0 0.00
No. of Principal Loans Balance 0-29 Days 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% -------- -------- 0.000000% 0.000000%
TOTAL
No. of Principal Loans Balance 0-29 Days 0 0.00 30 Days 15 4,831,951.55 60 Days 0 0.00 90 Days 0 0.00 120 Days 1 160,196.23 150 Days 0 0.00 180+ Days 0 0.00 -- ------------ 16 4,992,147.78
No. of Principal Loans Balance 0-29 Days 0.000000% 0.000000% 30 Days 1.672241% 1.632357% 60 Days 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 120 Days 0.111483% 0.054118% 150 Days 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% -------- -------- 1.783724% 1.686475%
Current Period Class A Insufficient Funds: 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 0.00
Original $ Original% Current $ Current % Current Class % Prepayment % ------------- ----------- ------------- ----------- --------------- ------------ Class A 17,668,544.03 4.25006956% 17,668,544.03 5.96889317% 94.031107% 0.000000% Class B-1 10,601,544.03 2.55014219% 10,601,544.03 3.58147698% 2.387416% 39.997636% Class B-2 6,652,544.03 1.60023230% 6,652,544.03 2.24740220% 1.334075% 22.350455% Class B-3 4,157,544.03 1.00007399% 4,157,544.03 1.40452638% 0.842876% 14.121141% Class B-4 2,702,544.03 0.65008187% 2,702,544.03 0.91298958% 0.491537% 8.234974% Class B-5 1,871,544.03 0.45018946% 1,871,544.03 0.63225619% 0.280733% 4.703274% Class B-6 0.00 0.00000000% 0.00 0.00000000% 0.632256% 10.592520%
Please refer to the prospectus supplement for a full description of loss exposure DELINQUENCY STATUS BY GROUP DELINQUENT GROUP ONE
No. of Principal Loans Balance 0-29 Days 0 0.00 30 Days 10 3,695,547.47 60 Days 0 0.00 90 Days 0 0.00 120 Days 1 160,196.23 150 Days 0 0.00 180+ Days 0 0.00 -- ------------ 11 3,855,743.70
No. of Principal Loans Balance 0-29 Days 0.000000% 0.000000% 30 Days 1.533742% 1.703294% 60 Days 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 120 Days 0.153374% 0.073835% 150 Days 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% -------- -------- 1.687117% 1.777129%
BANKRUPTCY
No. of Principal Loans Balance 0-29 Days 0 0.00 30 Days 0 0.00 60 Days 0 0.00 90 Days 0 0.00 120 Days 0 0.00 150 Days 0 0.00 180+ Days 0 0.00 -- ---- 0 0.00
No. of Principal Loans Balance 0-29 Days 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% -------- -------- 0.000000% 0.000000%
FORECLOSURE
No. of Principal Loans Balance 0-29 Days 0 0.00 30 Days 0 0.00 60 Days 0 0.00 90 Days 0 0.00 120 Days 0 0.00 150 Days 0 0.00 180+ Days 0 0.00 -- ---- 0 0.00
No. of Principal Loans Balance 0-29 Days 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% -------- -------- 0.000000% 0.000000%
REO
No. of Principal Loans Balance 0-29 Days 0 0.00 30 Days 0 0.00 60 Days 0 0.00 90 Days 0 0.00 120 Days 0 0.00 150 Days 0 0.00 180+ Days 0 0.00 -- ---- 0 0.00
No. of Principal Loans Balance 0-29 Days 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% -------- -------- 0.000000% 0.000000%
TOTAL
No. of Principal Loans Balance 0-29 Days 0 0.00 30 Days 10 3,695,547.47 60 Days 0 0.00 90 Days 0 0.00 120 Days 1 160,196.23 150 Days 0 0.00 180+ Days 0 0.00 -- ------------ 11 3,855,743.70
No. of Principal Loans Balance 0-29 Days 0.000000% 0.000000% 30 Days 1.533742% 1.703294% 60 Days 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 120 Days 0.153374% 0.073835% 150 Days 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% -------- -------- 1.687117% 1.777129%
DELINQUENT GROUP TWO
No. of Principal Loans Balance 0-29 Days 0 0.00 30 Days 5 1,136,404.08 60 Days 0 0.00 90 Days 0 0.00 120 Days 0 0.00 150 Days 0 0.00 180+ Days 0 0.00 -- ------------ 5 1,136,404.08
No. of Principal Loans Balance 0-29 Days 0.000000% 0.000000% 30 Days 2.040816% 1.437649% 60 Days 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% -------- -------- 2.040816% 1.437649%
BANKRUPTCY 1.183654%
No. of Principal Loans Balance 0-29 Days 0 0.00 30 Days 0 0.00 60 Days 0 0.00 90 Days 0 0.00 120 Days 0 0.00 150 Days 0 0.00 180+ Days 0 0.00 -- ---- 0 0.00
No. of Principal Loans Balance 0-29 Days 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% -------- -------- 0.000000% 0.000000%
FORECLOSURE
No. of Principal Loans Balance 0-29 Days 0 0.00 30 Days 0 0.00 60 Days 0 0.00 90 Days 0 0.00 120 Days 0 0.00 150 Days 0 0.00 180+ Days 0 0.00 -- ---- 0 0.00
No. of Principal Loans Balance 0-29 Days 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% -------- -------- 0.000000% 0.000000%
REO
No. of Principal Loans Balance 0-29 Days 0 0.00 30 Days 0 0.00 60 Days 0 0.00 90 Days 0 0.00 120 Days 0 0.00 150 Days 0 0.00 180+ Days 0 0.00 -- ---- 0 0.00
No. of Principal Loans Balance 0-29 Days 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% -------- -------- 0.000000% 0.000000%
TOTAL
No. of Principal Loans Balance 0-29 Days 0 0.00 30 Days 5 1,136,404.08 60 Days 0 0.00 90 Days 0 0.00 120 Days 0 0.00 150 Days 0 0.00 180+ Days 0 0.00 -- ------------ 5 1,136,404.08
No. of Principal Loans Balance 0-29 Days 0.000000% 0.000000% 30 Days 2.040816% 1.437649% 60 Days 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% -------- -------- 2.040816% 1.437649%
COLLATERAL STATEMENT
Collateral Description Mixed ARM Weighted Average Gross Coupon 5.193503% Weighted Average Net Coupon 4.818238% Weighted Average Pass-Through Rate 4.805738% Weighted Average Maturity (Stepdown Calculation) 326 Beginning Scheduled Collateral Loan Count 942 Number of Loans Paid in Full 45 Ending Scheduled Collateral Loan Count 897 Beginning Scheduled Collateral Balance 310,027,540.73 Ending Scheduled Collateral Balance 296,010,391.11 Ending Actual Collateral Balance at 31-Oct-2005 296,010,799.41 Monthly P&I Constant 1,341,774.15 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realization Loss Amount 0.00 Cumulative Realized Loss 0.00 Class A Optimal Amount 15,187,051.19 Scheduled Principal 0.00 Unscheduled Principal 14,017,149.62
MISCELLANEOUS REPORTING Pro Rata Senior Percent 94.300976%
GROUP POOL ONE POOL TWO TOTAL Collateral Description Mixed ARM 6 Month LIBOR ARM Mixed ARM Weighted Average Coupon Rate 5.211905 5.141371% 5.193503 Weighted Average Net Rate 4.836729 4.765858% 4.818238 Pass-Through Rate 4.824229 4.753358% 4.805738 Weighted Average Maturity 325 330 326 Record Date 10/31/2005 10/31/2005 10/31/2005 Principal and Interest Constant 995,220.62 346,553.53 1,341,774.15 Beginning Loan Count 691 251 942 Loans Paid in Full 39 6 85 Ending Loan Count 652 245 897 Beginning Scheduled Balance 229,141,680.60 80,885,860.13 310,027,540.73 Ending Scheduled Balance 216,964,381.85 79,046,009.26 296,010,391.11 Scheduled Principal 0.00 0.00 0.00 Unscheduled Principal 12,177,298.75 1,839,850.87 14,017,149.62 Scheduled Interest 995,220.62 346,553.53 1,341,774.15 Servicing Fee 71,640.53 25,311.45 96,951.98 Master Servicing Fee 2,386.89 842.56 3,229.45 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 921,193.20 320,399.52 1,241,592.72 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 Penalties 0.00 0.00 0.00 Special Servicing Fee 0.00 0.00 0.00
MISCELLANEOUS REPORTING Group Pool One One Month Libor Loan Balance 120,973,563.96 Six Month Libor Loan Balance 95,990,817.89 Senior Percent 100.000000% Senior Prepayment Percent 100.000000% Subordinate Percent 0.000000% Subordinate Prepayment Percent 0.000000% Principal Transfer Amount 0.00 Interest Transfer Amount 0.00 Group Pool Two Senior Percent 100.000000% Senior Prepayment Percent 100.000000% Subordinate Percent 0.000000% Subordinate Prepayment Percent 0.000000% Principal Transfer Amount 0.00 Interest Transfer Amount 0.00