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 2005-2 Record Date: January 31, 2006 Distribution Date: February 21, 2006

EX-10.1 2 f18627dexv10w1.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 2005-2
Record Date: January 31, 2006
Distribution Date: February 21, 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		81744FGY7	SEN		4.71000	%		113,379,780.81		445,015.64		3,522,790.84		0.00		109,856,989.97		3,967,806.48		0.00
A-2		81744FGZ4	SEN		4.29000	%		66,751,848.28		238,637.86		1,757,411.29		0.00		64,994,436.99		1,996,049.15		0.00
A-R		81744FHJ9	REZ		4.04030	%		0.00		0.22		0.00		0.00		0.00		0.22		0.00
X-A		81744FHD2	IO		0.91564	%		0.00		137,445.76		0.00		0.00		0.00		137,445.76		0.00
B-1		81744FHA8	SUB		4.88000	%		6,016,000.00		24,465.07		0.00		0.00		6,016,000.00		24,465.07		0.00
B-2		81744FHB6	SUB		5.16000	%		3,266,000.00		14,043.80		0.00		0.00		3,266,000.00		14,043.80		0.00
X-B		81744FHE0	IO		0.49114	%		0.00		3,798.94		0.00		0.00		0.00		3,798.94		0.00
B-3		81744FHC4	SUB		5.46966	%		1,890,000.00		8,614.71		0.00		0.00		1,890,000.00		8,614.71		0.00
B-4		81744FHF7	SUB		5.46966	%		1,231,000.00		5,610.96		0.00		0.00		1,231,000.00		5,610.96		0.00
B-5		81744FHG5	SUB		5.46966	%		687,000.00		3,131.38		0.00		0.00		687,000.00		3,131.38		0.00
B-6		81744FHH3	SUB		5.46966	%		1,549,605.55		7,063.18		0.00		0.00		1,549,605.55		7,063.18		0.00

Totals								194,771,234.64		887,827.52		5,280,202.13		0.00		189,491,032.51		6,168,029.65		0.00

Principal Distribution Statement


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

A-1		202,462,000.00		113,379,780.81		714.15		3,522,076.69		0.00		0.00		3,522,790,84		109,856,989.97		0.54260548		3,522,790.84
A-2		126,737,000.00		66,751,848.28		408.42		1,757,002.87		0.00		0.00		1,757,411.29		64,994,436.99		0.51282922		1,757,411.29
A-R		100.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00000000		0.00
X-A		0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00000000		0.00
B-1		6,016,000.00		6,016,000.00		0.00		0.00		0.00		0.00		0.00		6,016,000.00		1.00000000		0.00
B-2		3,266,000.00		3,266,000.00		0.00		0.00		0.00		0.00		0.00		3,266,000.00		1.00000000		0.00
X-B		0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00000000		0.00
B-3		1,890,000.00		1,890,000.00		0.00		0.00		0.00		0.00		0.00		1,890,000.00		1.00000000		0.00
B-4		1,231,000.00		1,231,000.00		0.00		0.00		0.00		0.00		0.00		1,231,000.00		1.00000000		0.00
B-5		687,000.00		687,000.00		0.00		0.00		0.00		0.00		0.00		687,000.00		1.00000000		0.00
B-6		1,549,605.55		1,549,605.55		0.00		0.00		0.00		0.00		0.00		1,549,605.55		1.00000000		0.00

Totals		343,838,705.55		194,771,234.64		1,122.57		5,279,079.56		0.00		0.00		5,280,202.13		189,491,032.51		0.55110443		5,280,202.13

Principal Distribution Factors Statement


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

A-1		202,462,000.00		560.00523955		0.00352733		17.39623579		0.00000000		0.00000000		17.39976312		542.60547644		0.54260548		17.39976312
A-2		126,737,000.00		526.69582111		0.00322258		13.86337747		0.00000000		0.00000000		13.86660005		512.82922106		0.51282922		13.86660005
A-R		100.00		0.00000000		0.00000000		0.00000000		0.00000000		0.00000000		0.00000000		0.00000000		0.00000000		0.00000000
X-A		0.00		0.00000000		0.00000000		0.00000000		0.00000000		0.00000000		0.00000000		0.00000000		0.00000000		0.00000000
B-1		6,016,000.00		1000.00000000		0.00000000		0.00000000		0.00000000		0.00000000		0.00000000		1000.00000000		1.00000000		0.00000000
B-2		3,266,000.00		1000.00000000		0.00000000		0.00000000		0.00000000		0.00000000		0.00000000		1000.00000000		1.00000000		0.00000000
X-B		0.00		0.00000000		0.00000000		0.00000000		0.00000000		0.00000000		0.00000000		0.00000000		0.00000000		0.00000000
B-3		1,890,000.00		1000.00000000		0.00000000		0.00000000		0.00000000		0.00000000		0.00000000		1000.00000000		1.00000000		0.00000000
B-4		1,231,000.00		1000.00000000		0.00000000		0.00000000		0.00000000		0.00000000		0.00000000		1000.00000000		1.00000000		0.00000000
B-5		687,000.00		1000.00000000		0.00000000		0.00000000		0.00000000		0.00000000		0.00000000		1000.00000000		1.00000000		0.00000000
B-6		1,549,605.55		1000.00000000		0.00000000		0.00000000		0.00000000		0.00000000		0.00000000		1000.00000000		1.00000000		0.00000000

All Classes per $1,000 denomination.

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		01/20/06 – 02/19/06		30		4.71000	%		113,379,780.81		445,015.64		0.00		0.00		0.00		445,015.64		0.00		109,856,989.97
A-2		01/20/06 – 02/19/06		30		4.29000	%		66,751,848.28		238,637.86		0.00		0.00		0.00		238,637.86		0.00		64,994,436.99
A-R		N/A		N/A		4.04030	%		0.00		0.00		0.00		0.00		0.00		0.22		0.00		0.00
X-A		01/01/06 – 01/30/06		30		0.91564	%		180,131,629.09		137,445.76		0.00		0.00		0.00		137,445.76		0.00		174,851,426.96
B-1		01/20/06 – 02/19/06		30		4.88000	%		6,016,000.00		24,465.07		0.00		0.00		0.00		24,465.07		0.00		6,016,000.00
B-2		01/20/06 – 02/19/06		30		5.16000	%		3,266,000.00		14,043.80		0.00		0.00		0.00		14,043.80		0.00		3,266,000.00
X-B		01/01/06 – 01/30/06		30		0.49114	%		9,282,000.00		3,798.94		0.00		0.00		0.00		3,798.94		0.00		9,282,000.00
B-3		01/01/06 – 01/30/06		30		5.46966	%		1,890,000.00		8,614.71		0.00		0.00		0.00		8,614.71		0.00		1,890,000.00
B-4		01/01/06 – 01/30/06		30		5.46966	%		1,231,000.00		5,610.96		0.00		0.00		0.00		5,610.96		0.00		1,231,000.00
B-5		01/01/06 – 01/30/06		30		5.46966	%		687,000.00		3,131.38		0.00		0.00		0.00		3,131.38		0.00		687,000.00
B-6		01/01/06 – 01/30/06		30		5.46966	%		1,549,605.55		7,063.18		0.00		0.00		0.00		7,063.18		0.00		1,549,605.55

Totals											887,827.30		0.00		0.00		0.00		887,827.52		0.00

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

Interest Distribution Factors Statement


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

A-1		202,462,000.00		4.71000	%		560.00523955		2.19802057		0.00000000		0.00000000		0.00000000		2.19802057		0.00000000		542.60547644
A-2		126,737,000.00		4.29000	%		526.69582111		1.88293758		0.00000000		0.00000000		0.00000000		1.88293758		0.00000000		512.82922106
A-R		100.00		4.04030	%		0.00000000		0.00000000		0.00000000		0.00000000		0.00000000		2.20000000		0.00000000		0.00000000
X-A		0.00		0.91564	%		547.18158041		0.41751573		0.00000000		0.00000000		0.00000000		0.41751573		0.00000000		531.14203555
B-1		6,016,000.00		4.88000	%		1000.00000000		4.06666722		0.00000000		0.00000000		0.00000000		4.06666722		0.00000000		1000.00000000
B-2		3,266,000.00		5.16000	%		1000.00000000		4.30000000		0.00000000		0.00000000		0.00000000		4.30000000		0.00000000		1000.00000000
X-B		0.00		0.49114	%		1000.00000000		0.40928033		0.00000000		0.00000000		0.00000000		0.40928033		0.00000000		1000.00000000
B-3		1,890,000.00		5.46966	%		1000.00000000		4.55804762		0.00000000		0.00000000		0.00000000		4.55804762		0.00000000		1000.00000000
B-4		1,231,000.00		5.46966	%		1000.00000000		4.55805037		0.00000000		0.00000000		0.00000000		4.55805037		0.00000000		1000.00000000
B-5		687,000.00		5.46966	%		1000.00000000		4.55804949		0.00000000		0.00000000		0.00000000		4.55804949		0.00000000		1000.00000000
B-6		1,549,605.55		5.46966	%		1000.00000000		4.55805027		0.00000000		0.00000000		0.00000000		4.55805027		0.00000000		1000.00000000

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

All Classes per $1,000 denomination.

Certificateholder Account Statement

Certificate Account


Beginning Balance			0.00

Deposits
Payments of Interest and Principal			6,233,905.78
Reserve Funds and Credit Enhancements			0.00
Proceeds from Repurchased Loans			0.00
Servicer Advances			18,401.17
Realized Losses (Gains, Subsequent Expenses & Recoveries)			0.00
Prepayment Penalties			0.00
Swap/Cap Payments			0.00

Total Deposits			6,252,306.95

Withdrawals
Swap Payments			0.00
Reserve Funds and Credit Enhancements			0.00
Reimbursement for Servicer Advances			19,885.05
Total Administration Fees			64,392.25
Payment of Interest and Principal			6,168,029.65

Total Withdrawals (Pool Distribution Amount)			6,252,306.95

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*			61,551.84
Master Servicing Fee			2,840.41
Supported Prepayment/Curtailment Interest Shortfall			0.00


Total Administration Fees			64,392.25


		*Servicer Payees include: BANK OF AMERICA (NY); GMAC MTG CORP, MORGAN STANLEY DEAN WITTER; NATIONAL CITY MTG CO; PHH US MTG CORP; RESIDENTIAL FUNDING CORP

Reserve Accounts


	Beginning		Current		Current		Ending
Account Type	Balance		Withdrawals		Deposits		Balance

Reserve Fund		4,500.00		0.00		0.00		4,500.00
Reserve Fund		4,500.00		0.00		0.00		4,500.00
Reserve Fund		1,000.00		0.00		0.00		1,000.00

Collateral Statement


Collateral Description	Mixed ARM
Weighted Average Gross Coupon		5.883212	%
Weighted Average Net Coupon		5.503987	%
Weighted Average Pass-Through Rate		5.486487	%
Weighted Average Remaining Term		327

Beginning Scheduled Collateral Loan Count		574
Number of Loans Paid in Full		15
Ending Scheduled Collateral Loan Count		559
Beginning Scheduled Collateral Balance		194,771,234.64
Ending Scheduled Collateral Balance		189,491,032.51
Ending Actual Collateral Balance at 31-Jan-2006		189,492,150.50

Monthly P&I Constant		95,022.97
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
Realization Loss Amount		0.00
Cumulative Realized Loss		0.00

Class A Optimal Amount		6,101,301.39

Scheduled Principal		1,122.57
Unscheduled Principal		5,279,079.56


Group	One		Two		Total
Collateral Description	Mixed ARM		Mixed ARM		Mixed ARM
Weighted Average Coupon Rate		5.900165		5.854545		5.883212
Weighted Average Net Rate		5.522886		5.472027		5.503987
Pass-Through Rate		5.505386		5.454527		5.486487
Weighted Average Maturity		323		335		327
Record Date		01/31/2006		01/31/2006		01/31/2006
Principal and Interest Constant		602,500.62		353,522.35		956,022.97
Beginning Loan Count		352		222		574
Loans Paid in Full		11		4		15
Ending Loan Count		341		218		559
Beginning Scheduled Balance		122,393,833.76		72,377,400.88		194,771,234.64
Ending Scheduled Balance		118,871,042.92		70,619,989.59		189,491,032.51
Scheduled Principal		714.15		408.42		1,122.57
Unscheduled Principal		3,522,076.69		1,757,002.87		5,279,079.56
Scheduled Interest		601,786.47		353,113.93		954,900.40
Servicing Fee		38,480.47		23,071.37		61,551.84
Master Servicing Fee		1,784.91		1,055.50		2,840.41
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		561,521.09		328,987.06		890,508.15
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

Additional Reporting – Deal Level

Miscellaneous Reporting


Pro Rata Senior Percent 9	2.483692	%
Pro Rata Subordinate Percent	7.516308	%

Additional Reporting – Group Level


Miscellaneous Reporting

Group One
One Month Libor Loan Balance	74,951,578.78
Principal Transfer Amount	0.00
Senior Percent	100.000000	%
Senior Prepayment Percent	100.000000	%
Subordinate Percent	0.000000	%
Subordinate Prepayment Percent	0.000000	%
Interest Transfer Amount	0.00

Group Two
Six-Month Libor Loan Balance	43,919,464.14
Principal Transfer Amount	0.00
Senior Percent	100.000000	%
Senior Prepayment Percent	100.000000	%
Subordinate Percent	0.000000	%
Subordinate Prepayment Percent	0.000000	%
Interest Transfer Amount	0.00

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	4		1,571,037.89		30 Days	0		0.00		30 Days	0		0.00		30 Days	0		0.00		30 Days	4		1,571,037.89
60 Days	0		0.00		60 Days	0		0.00		60 Days	0		0.00		60 Days	0		0.00		60 Days	0		0.00
90 Days	2		935,915.36		90 Days	0		0.00		90 Days	0		0.00		90 Days	0		0.00		90 Days	2		935,915.36
120 Days	1		1,113,111.24		120 Days	0		0.00		120 Days	0		0.00		120 Days	0		0.00		120 Days	1		1,113,111.24
150 Days	1		232,000.00		150 Days	0		0.00		150 Days	0		0.00		150 Days	0		0.00		150 Days	1		232,000.00
180+ Days	1		174,844.15		180+ Days	0		0.00		180+ Days	0		0.00		180+ Days	0		0.00		180+ Days	1		174,844.15

	9		4,026,908.64			0		0.00			0		0.00			0		0.00			9		4,026,908.64


	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	0.715564%		0.829078	%	30 Days	0.000000%		0.000000	%	30 Days	0.000000%		0.000000	%	30 Days	0.000000%		0.000000	%	30 Days	0.715564%		0.829078	%
60 Days	0.000000%		0.000000	%	60 Days	0.000000%		0.000000	%	60 Days	0.000000%		0.000000	%	60 Days	0.000000%		0.000000	%	60 Days	0.000000%		0.000000	%
90 Days	0.357782%		0.493907	%	90 Days	0.000000%		0.000000	%	90 Days	0.000000%		0.000000	%	90 Days	0.000000%		0.000000	%	90 Days	0.357782%		0.493907	%
120 Days	0.178891%		0.587418	%	120 Days	0.000000%		0.000000	%	120 Days	0.000000%		0.000000	%	120 Days	0.000000%		0.000000	%	120 Days	0.178891%		0.587418	%
150 Days	0.178891%		0.122433	%	150 Days	0.000000%		0.000000	%	150 Days	0.000000%		0.000000	%	150 Days	0.000000%		0.000000	%	150 Days	0.178891%		0.122433	%
180+ Days	0.178891%		0.092270	%	180+ Days	0.000000%		0.000000	%	180+ Days	0.000000%		0.000000	%	180+ Days	0.000000%		0.000000	%	180+ Days	0.178891%		0.092270	%

	1.610018%		2.125106	%		0.000000%		0.000000	%		0.000000%		0.000000	%		0.000000%		0.000000	%		1.610018%		2.125106	%

Current Period Class A Insufficient Funds: 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 18,401.17


	Original $		Original%			Current $		Current %			Current Class %			Prepayment %
Class A		14,639,605.55		4.25769563	%		14,639,605.55		7.72575111	%		92.274249	%		0.000000	%
Class B-1		8,623,605.55		2.50803805	%		8,623,605.55		4.55093069	%		3.174820	%		41.094003	%
Class B-2		5,357,605.55		1.55817407	%		5,357,605.55		2.82736628	%		1.723564	%		22.309344	%
Class B-3		3,467,605.55		1.00849773	%		3,467,605.55		1.82995760	%		0.997409	%		12.910184	%
Class B-4		2,236,605.55		0.65048103	%		2,236,605.55		1.18032264	%		0.649635	%		8.408697	%
Class B-5		1,549,605.55		0.45067804	%		1,549,605.55		0.81777250	%		0.362550	%		4.692749	%
Class B-6		0.00		0.00000000	%		0.00		0.00000000	%		0.817772	%		10.585023	%

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	2		950,301.57	30 Days	0		0.00	30 Days	0		0.00	30 Days	0		0.00	30 Days	2		950,301.57
60 Days	0		0.00	60 Days	0		0.00	60 Days	0		0.00	60 Days	0		0.00	60 Days	0		0.00
90 Days	1		589,546.78	90 Days	0		0.00	90 Days	0		0.00	90 Days	0		0.00	90 Days	1		589,546.78
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	1		232,000.00	150 Days	0		0.00	150 Days	0		0.00	150 Days	0		0.00	150 Days	1		232,000.00
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

	4		1,771,848.35		0		0.00		0		0.00		0		0.00		4		1,771,848.35


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	0.000000%		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	0.586510%		0.799434	%	30 Days	0.000000%		0.000000	%	30 Days	0.000000%		0.000000	%	30 Days	0.000000%		0.000000	%	30 Days	0.586510%		0.799434	%
60 Days	0.000000%		0.000000	%	60 Days	0.000000%		0.000000	%	60 Days	0.000000%		0.000000	%	60 Days	0.000000%		0.000000	%	60 Days	0.000000%		0.000000	%
90 Days	0.293255%		0.495952	%	90 Days	0.000000%		0.000000	%	90 Days	0.000000%		0.000000	%	90 Days	0.000000%		0.000000	%	90 Days	0.293255%		0.495952	%
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	0.293255%		0.195168	%	150 Days	0.000000%		0.000000	%	150 Days	0.000000%		0.000000	%	150 Days	0.000000%		0.000000	%	150 Days	0.293255%		0.195168	%
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	%

	1.173021%		1.490555	%		0.000000%		0.000000	%		0.000000%		0.000000	%		0.000000%		0.000000	%		1.173021%		1.490555	%


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	2		620,736.32		30 Days	0		0.00		30 Days	0		0.00		30 Days	0		0.00		30 Days	2		620,736.32
60 Days	0		0.00		60 Days	0		0.00		60 Days	0		0.00		60 Days	0		0.00		60 Days	0		0.00
90 Days	1		346,368.58		90 Days	0		0.00		90 Days	0		0.00		90 Days	0		0.00		90 Days	1		346,368.58
120 Days	1		1,113,111.24		120 Days	0		0.00		120 Days	0		0.00		120 Days	0		0.00		120 Days	1		1,113,111.24
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	1		174,844.15		180+ Days	0		0.00		180+ Days	0		0.00		180+ Days	0		0.00		180+ Days	1		174,844.15

	5		2,255,060.29			0		0.00			0		0.00			0		0.00			5		2,255,060.29


	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	0.917431%		0.878976	%	30 Days	0.000000%		0.000000	%	30 Days	0.000000%		0.000000	%	30 Days	0.000000%		0.000000	%	30 Days	0.917431%		0.878976	%
60 Days	0.000000%		0.000000	%	60 Days	0.000000%		0.000000	%	60 Days	0.000000%		0.000000	%	60 Days	0.000000%		0.000000	%	60 Days	0.000000%		0.000000	%
90 Days	0.458716%		0.490465	%	90 Days	0.000000%		0.000000	%	90 Days	0.000000%		0.000000	%	90 Days	0.000000%		0.000000	%	90 Days	0.458716%		0.490465	%
120 Days	0.458716%		1.576189	%	120 Days	0.000000%		0.000000	%	120 Days	0.000000%		0.000000	%	120 Days	0.000000%		0.000000	%	120 Days	0.458716%		1.576189	%
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	0.458716%		0.247538	%	180+ Days	0.000000%		0.000000	%	180+ Days	0.000000%		0.000000	%	180+ Days	0.000000%		0.000000	%	180+ Days	0.458716%		0.247538	%

	2.293578%		3.193214	%		0.000000%		0.000000	%		0.000000%		0.000000	%		0.000000%		0.000000	%		2.293578%		3.193214	%