CREDIT GRADE Clause Samples
CREDIT GRADE. PRINCIPAL % OF REMAINING BALANCE PRINCIPAL TERM TO DEBT-TO- MORTGAGE NUMBER OF AS OF THE BALANCE AS OF MATURITY INCOME RATES OLTV RISK CATEGORY MORTGAGE LOANS CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO (%) ------------- --------------- ------------ ---------------- --------- ------- ----- ----- ----- 1 12,513 $ 2,042,981,199.15 68.10% 355 38.43 7.373 636 85.21 2 1,417 236,859,677.73 7.90 354 39.45 7.718 596 84.74 3 1,328 208,117,795.90 6.94 355 39.03 7.752 588 84.19 4 872 121,941,174.91 4.06 353 38.53 8.060 584 81.27 5 618 91,929,826.41 3.06 356 40.43 8.353 564 73.30 6 202 27,212,602.54 0.91 357 42.59 10.208 549 66.89 A 322 56,964,662.81 1.90 351 40.64 7.374 601 77.43 A- 70 13,771,056.40 0.46 357 42.14 8.062 544 79.62 A+ 784 158,790,657.58 5.29 350 39.13 7.107 629 80.77 B 49 8,596,455.66 0.29 358 40.19 8.362 570 76.19 C 38 6,975,519.06 0.23 353 41.53 8.468 562 72.41 C- 132 25,859,342.88 0.86 357 41.48 9.046 556 76.66 ======= ================= ====== === ===== ===== === ===== TOTAL: 18,345 $2,999,999,971.03 00.00% 354 38.79 7.519 622 83.87 PROPERTY TYPE ------------- PRINCIPAL % OF REMAINING BALANCE PRINCIPAL TERM TO DEBT-TO- MORTGAGE NUMBER OF AS OF THE BALANCE AS OF MATURITY INCOME RATES OLTV PROPERTY TYPE MORTGAGE LOANS CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO (%) ------------- --------------- ------------ ---------------- --------- ------- ----- ----- ----- Single Family Detached 12,983 $2,094,824,465.63 69.83% 354 39.11 7.499 617 83.87 Two-to-Four Family 1,490 324,399,975.25 10.81 355 37.57 7.590 643 84.36 PUD Detached 1,448 268,181,374.95 8.94 355 38.68 7.557 624 84.88 Condominium 1,162 180,142,848.28 6.00 356 38.02 7.612 640 84.74 Manufactured/Mobile Housing 1,167 118,284,179.89 3.94 351 37.79 7.440 624 78.82 PUD Attached 66 10,308,665.06 0.34 357 39.74 7.727 616 84.62 Single Family Attached 29 3,858,461.97 0.13 352 41.26 7.416 621 83.52 ====== ================= ======= === ===== ===== === ===== TOTAL: 18,345 $2,999,999,971.03 100.00% 354 38.79 7.519 622 83.87 PREPAYMENT CHARGE TERM AT ORIGINATION ------------------------------------- PRINCIPAL % OF REMAINING PREPAYMENT BALANCE PRINCIPAL TERM TO DEBT-TO- MORTGAGE CHARGE TERM AT NUMBER OF AS OF THE BALANCE AS OF MATURITY INCOME RATES OLTV ORGINIATION MORTGAGE LOANS CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO (%) ------------- --------------- ------------ ---------------- --------- ------- ----- ----- ----- 0 5,311 $ 836,498,036.77 27.88% 354 38.28 7.849 623 84.19 12 808 177...
CREDIT GRADE. PRINCIPAL % OF PRINCIPAL REMAINING NUMBER OF BALANCE BALANCE AS OF TERM TO DEBT-TO- GROSS RISK MORTGAGE AS OF THE THE CUT-OFF MATURITY INCOME COUPON OLTV CATEGORY* LOANS CUT-OFF DATE DATE (MONTHS) (%) (%) FICO (%) ------------------------ ----------- --------------- ---------------- ----------- -------- -------- ------ ------- I 5,050 921,427,123.17 65.82 356 38.75 7.292 626 85.54 II 547 106,679,259.61 7.62 358 39.60 7.489 590 83.32 III 646 112,388,069.38 8.03 356 39.46 7.593 583 82.54 IV 397 67,411,504.51 4.82 357 39.42 7.930 571 78.16 V 258 49,836,227.50 3.56 357 41.96 8.064 555 68.98 VI 65 11,863,785.94 0.85 358 43.41 9.869 540 66.42 A+ 265 55,504,444.53 3.96 359 39.85 7.467 606 81.71 A 147 30,733,179.09 2.20 359 41.24 7.497 590 79.91 A- 65 12,018,830.85 0.86 358 40.20 8.393 543 79.33 B 57 11,016,128.38 0.79 357 41.68 8.331 550 74.48 C 57 9,487,368.84 0.68 359 39.27 8.902 540 69.77 C- 47 11,632,543.02 0.83 359 40.40 8.624 574 77.72 ----------------------- ----------- --------------- ---------------- ----------- ---------- -------- ---- -------- TOTAL: 7,601 1,399,998,464.82 100.00 357 39.21 7.462 610 83.43 ----------------------- ----------- --------------- ---------------- ----------- ---------- -------- ---- -------- * Letters correspond to risk categories of Olympus Mortgage Company and roman numerals correspond to risk categories of Argent Mortgage Company, LLC. PROPERTY TYPE PRINCIPAL % OF PRINCIPAL REMAINING NUMBER OF BALANCE BALANCE AS OF TERM TO DEBT-TO- GROSS PROPERTY MORTGAGE AS OF THE THE CUT-OFF MATURITY INCOME COUPON OLTV TYPE LOANS CUT-OFF DATE DATE (MONTHS) (%) (%) FICO (%) ------------------------ ----------- --------------- ---------------- ----------- -------- -------- ------ ------- Single Family Detached 5,611 1,011,112,244.34 72.22 356 39.32 7.435 606 83.23 Two-to Four-Family 570 139,594,620.73 9.97 357 37.81 7.472 643 84.52 PUD Detached 624 130,682,103.79 9.33 357 39.83 7.584 601 84.50 Condominium 484 84,365,720.69 6.03 358 39.71 7.595 621 84.05 Manufactured Housing 281 29,457,149.42 2.10 354 37.30 7.382 628 78.24 PUD Attached 26 4,034,082.53 0.29 356 40.87 7.641 611 86.81 Single Family Attached 5 752,543.32 0.05 359 44.18 7.737 606 86.75 ----------------------- ----------- ---------------- ---------------- ----------- ---------- -------- ------ ------ TOTAL: 7,601 1,399,998,464.82 100.00 357 39.21 7.462 610 83.43 ----------------------- ----------- ---------------- ---------------- ----------- ---------- -------- ------ ------ PRE...
CREDIT GRADE. PRINCIPAL % OF PRINCIPAL REMAINING NUMBER OF BALANCE BALANCE AS OF TERM TO DEBT-TO- GROSS RISK MORTGAGE AS OF THE THE CUT-OFF MATURITY INCOME COUPON OLTV CATEGORY LOANS CUT-OFF DATE ($) DATE (MONTHS) (%) (%) FICO (%) ------------------------ ----------- ----------------- ---------------- ----------- -------- -------- ------ ------- I 4,152 685,464,418.11 66.84 356 38.74 7.356 625 85.78 II 430 73,640,177.86 7.18 358 39.69 7.528 588 82.76 III 516 80,327,478.03 7.83 357 39.00 7.665 583 82.58 IV 320 49,823,578.39 4.86 357 39.87 7.984 570 77.75 V 200 33,219,685.61 3.24 357 41.43 8.143 556 68.93 VI 52 8,558,775.40 0.83 358 43.85 9.836 543 66.32 A+ 206 38,004,341.21 3.71 359 38.89 7.538 606 81.01 A 124 22,991,687.90 2.24 359 41.23 7.589 589 79.03 A- 56 9,601,683.59 0.94 358 39.88 8.507 540 78.80 B 50 9,223,888.36 0.90 357 41.59 8.478 545 74.45 C 46 7,768,200.28 0.76 359 39.36 8.856 544 69.65 C- 35 6,939,746.09 0.68 359 41.62 9.309 554 75.38 ------------------------ ----------- ---------------- -------------- ----------- ---------- -------- ------- ----- TOTAL: 6,187 1,025,563,660.83 100.00 356 39.14 7.527 609 83.53 ------------------------ ----------- ---------------- -------------- ----------- ---------- -------- ------- ----- * Letters correspond to risk categories of Olympus Mortgage Company and roman numerals correspond to risk categories of Argent Mortgage Company, LLC. PROPERTY TYPE PRINCIPAL % OF PRINCIPAL REMAINING NUMBER OF BALANCE BALANCE AS OF TERM TO DEBT-TO- GROSS PROPERTY MORTGAGE AS OF THE THE CUT-OFF MATURITY INCOME COUPON OLTV TYPE LOANS CUT-OFF DATE ($) DATE (MONTHS) (%) (%) FICO (%) ------------------------ ----------- ----------------- ---------------- ----------- -------- -------- ------ ------- Single Family Detached 4,522 727,855,538.74 70.97 356 39.32 7.503 604 83.37 Two-to Four-Family 470 106,708,450.52 10.40 357 37.74 7.557 640 83.90 PUD Detached 516 94,146,868.20 9.18 357 39.31 7.631 601 85.42 Condominium 424 68,235,580.48 6.65 358 39.76 7.619 619 83.54 Manufactured Housing 228 24,582,711.07 2.40 356 37.10 7.392 628 78.78 PUD Attached 22 3,281,968.50 0.32 355 41.02 7.689 616 85.99 Single Family Attached 5 752,543.32 0.07 359 44.18 7.737 606 86.75 ------------------------ ----------- ---------------- -------------- ----------- ---------- -------- ------- ----- TOTAL: 6,187 1,025,563,660.83 100.00 356 39.14 7.527 609 83.53 ------------------------ ----------- ---------------- -------------- ----------- ---------- -------- ------- ----- PR...
CREDIT GRADE. PRINCIPAL % OF PRINCIPAL BALANCE BALANCE REMAINING DEBT- NUMBER OF AS OF AS OF TERM TO TO- MORTGAGE MORTGAGE THE CUT-OFF THE CUT-OFF MATURITY INCOME RATES RISK CATEGORY LOANS DATE DATE (months) (%) (%) FICO OLTV (%) ------------------------------------------------------------------------------------------------------------------------------------ 1 7,448 $ 2,899,904,373.45 67.44% 357 38.69 7.247 626 84.62 2 1,896 352,377,817.79 8.19 357 39.72 7.471 584 82.52 3 1,979 347,855,653.05 8.09 357 39.34 7.445 578 82.14 4 1,606 264,043,666.48 6.14 357 40.49 7.804 567 78.62 5 924 166,496,811.14 3.87 359 40.99 8.065 553 70.70 6 273 51,076,517.03 1.19 359 42.77 9.662 547 66.66 A+ 524 105,632,301.25 2.46 359 39.81 7.415 617 83.58 A 276 47,561,123.38 1.11 355 40.23 7.545 600 81.46 A- 79 ▇▇,▇▇▇,▇▇▇.▇▇ ▇.38 358 41.15 8.345 553 78.92 B 82 15,204,478.85 0.35 357 39.48 8.597 549 75.01 C 86 15,767,598.92 0.37 359 42.99 9.065 537 69.38 C- 78 17,726,977.63 0.41 358 41.60 8.799 565 78.74 ==================================================================================================================================== Total: 5,251 $ 4,300,000,270.58 100.00% 357 39.16 7.405 610 82.93 ------------------------------------------------------------------------------------------------------------------------------------ Property Type ------------------------------------------------------------------------------------------------------------------------------------ PRINCIPAL % OF PRINCIPAL BALANCE BALANCE REMAINING DEBT- NUMBER OF AS OF AS OF TERM TO TO- MORTGAGE MORTGAGE THE CUT-OFF THE CUT-OFF MATURITY INCOME RATES PROPERTY TYPE LOANS DATE DATE (months) (%) (%) FICO OLTV (%) ------------------------------------------------------------------------------------------------------------------------------------ Single Family Detached 18,783 $ 3,169,294,252.91 73.70% 357 39.48 7.383 605 82.81 Two-to-Four Family 1,922 400,709,094.19 9.32 358 37.09 7.548 638 83.32 PUD - Detached 1,881 361,116,868.60 8.40 357 39.43 7.394 605 83.82 Condominium 1,605 252,167,303.38 5.86 358 38.41 7.451 627 84.61 Manufactured / Mobile 917 92,369,301.23 2.15 354 37.83 7.425 623 76.66 PUD-Attached 101 17,682,158.13 0.41 358 40.07 7.611 607 84.79 Single Family Attached 42 6,661,292.14 0.15 357 39.34 7.515 627 86.10 ==================================================================================================================================== Total: 25,251 $ 4,300,000,270.58 100.00% 357 39.16 7.405 610 82.93 -----...