Common use of Documentation Level Clause in Contracts

Documentation Level. of Mortgage Pool by Aggregate Aggregate Weighted Weighted Number Cut-off Cut-off Average Average Weighted of Date Date Gross Remaining Average Mortgage Principal Principal Interest Term Original Documentation Level Loans Balance ($) Balance Rate (%) (months) LTV ----------------------------------------------------- -------- ----------- --------- -------- --------- -------- Full Documentation 520 116,147,829 67.89 6.140 356 82.40 Stated Documentation 158 42,281,360 24.72 6.633 357 83.78 Limited Documentation 52 12,646,104 7.39 6.366 357 83.77 ----------------------------------------------------- -------- ----------- --------- -------- --------- -------- Total: 730 171,075,293 100.00 6.278 356 82.84

Documentation Level. of Mortgage Pool by Aggregate Aggregate Weighted Weighted Number Cut-off Cut-off Average Average Weighted of Date Date Gross Remaining Average Mortgage Principal Principal Interest Term Original Documentation Level Loans Balance ($) Balance Rate (%) (months) LTV ----------------------------------------------------- ----------------------------------------------- -------- ----------- --------- -------- --------- -------- Full Documentation 520 116,147,829 67.89 6.140 356 82.40 1,027 193,841,748 47.66 6.837 349 81.01 Stated Documentation 158 42,281,360 24.72 6.633 357 83.78 773 188,413,431 46.32 7.149 353 79.18 Limited Documentation 52 12,646,104 7.39 6.366 357 83.77 ----------------------------------------------------- -------- ----------- --------- -------- --------- -------- 91 24,494,735 6.02 6.860 356 82.10 Total: 730 171,075,293 1,891 406,749,915 100.00 6.278 356 82.846.983 351 80.23 Top

Documentation Level. of Mortgage Pool by Aggregate Aggregate Weighted Weighted Number Cut-off Cut-off Average Average Weighted of Date Date Gross Remaining Average Mortgage Principal Principal Interest Term Original Documentation Level Loans Balance ($) Balance Rate (%) (months) LTV ----------------------------------------------------- ----------------------------------------------- -------- ----------- ------------- --------- -------- --------- -------- Full Documentation 520 116,147,829 67.89 6.140 356 82.40 3,725 600,676,906 50.04 6.745 350 79.90 Stated Documentation 158 42,281,360 24.72 6.633 357 83.78 2,689 535,728,690 44.63 7.113 352 79.71 Limited Documentation 52 12,646,104 7.39 6.366 357 83.77 ----------------------------------------------------- -------- ----------- --------- -------- --------- -------- 315 64,072,122 5.34 6.836 351 82.38 Total: 730 171,075,293 6,729 1,200,477,717 100.00 6.278 356 82.846.914 351 79.95 Top

Documentation Level. of Mortgage Pool by Aggregate Aggregate Weighted Weighted Number Cut-off Cut-off Average Average Weighted Weighted of Date Date Gross Remaining Average Average Mortgage Principal Principal Interest Term Original FICO Documentation Level Loans Balance ($) Balance Rate (%) (months) LTV ----------------------------------------------------- Score ----------------------------------------------- -------- ----------- --------- -------- --------- -------- -------- Full Documentation 520 116,147,829 67.89 6.140 356 82.40 2,698 406,835,158 51.26 6.701 351 79.36 605 Stated Documentation 158 42,281,360 24.72 6.633 357 83.78 1,916 347,315,258 43.76 7.093 352 80.00 623 Limited Documentation 52 12,646,104 7.39 6.366 357 83.77 ----------------------------------------------------- -------- ----------- --------- -------- --------- -------- 224 39,577,386 4.99 6.822 348 82.55 615 Total: 730 171,075,293 4,838 793,727,802 100.00 6.278 356 82.846.879 351 79.80 613 Top

Documentation Level. of Mortgage Pool by Aggregate Aggregate Weighted Weighted Number Cut-off Cut-off Average Average Weighted of Date Date Gross Remaining Average Mortgage Principal Principal Interest Term Original Documentation Level Loans Balance ($) Balance Rate (%) (months) LTV ----------------------------------------------------- -------- ----------- --------- -------- --------- -------- Full Documentation 520 116,147,829 67.89 6.140 356 82.40 1,249 176,412,230 57.25 6.615 334 74.08 Stated Documentation 158 42,281,360 24.72 6.633 357 83.78 642 117,270,654 38.06 6.891 335 72.50 Limited Documentation 52 12,646,104 7.39 6.366 357 83.77 85 14,438,934 4.69 6.682 330 76.41 ----------------------------------------------------- -------- ----------- --------- -------- --------- -------- Total: 730 171,075,293 1,976 308,121,818 100.00 6.278 356 82.846.723 334 73.59

Documentation Level. of Mortgage Pool by Aggregate Aggregate Weighted Weighted Number Cut-off Cut-off Average Average Weighted of Date Date Gross Remaining Average Mortgage Principal Principal Interest Term Original Documentation Level Loans Balance ($) Balance Rate (%) (months) LTV ----------------------------------------------------- ----------------------------------------------- -------- ----------- ------------- --------- -------- --------- -------- Full Documentation 520 116,147,829 67.89 6.140 356 82.40 2,698 406,835,158 51.26 6.701 351 79.36 Stated Documentation 158 42,281,360 24.72 6.633 357 83.78 1,916 347,315,258 43.76 7.093 352 80.00 Limited Documentation 52 12,646,104 7.39 6.366 357 83.77 ----------------------------------------------------- -------- ----------- --------- -------- --------- -------- 224 39,577,386 4.99 6.822 348 82.55 Total: 730 171,075,293 4,838 793,727,802 100.00 6.278 356 82.846.879 351 79.80 Top

Documentation Level. of Mortgage Pool by Aggregate Aggregate Weighted Weighted Number Cut-off Cut-off Average Average Weighted Weighted of Date Date Gross Remaining Average Average Mortgage Principal Principal Interest Term Original FICO Documentation Level Loans Balance ($) Balance Rate (%) (months) LTV ----------------------------------------------------- Score ----------------------------------------------- -------- ----------- --------- -------- --------- -------- -------- Full Documentation 520 116,147,829 67.89 6.140 356 82.40 1,027 193,841,748 47.66 6.837 349 81.01 611 Stated Documentation 158 42,281,360 24.72 6.633 357 83.78 773 188,413,431 46.32 7.149 353 79.18 625 Limited Documentation 52 12,646,104 7.39 6.366 357 83.77 ----------------------------------------------------- -------- ----------- --------- -------- --------- -------- 91 24,494,735 6.02 6.860 356 82.10 611 Total: 730 171,075,293 1,891 406,749,915 100.00 6.278 356 82.846.983 351 80.23 618 Top