Common use of Documentation Level Clause in Contracts

Documentation Level. of Mortgage Pool by Aggregate Aggregate Weighted Weighted Weighted Number Cut-off Cut-off Average Average Average of Date Date Gross Remaining Combined Mortgage Principal Principal Interest Term Original Documentation Level Loans Balance ($) Balance Rate (%) (months) LTV ----------------------------------------------------------------------------------------------------------- Full Documentation 1,800 261,574,932 61.06 6.779 344 83.24 Stated Documentation 1,004 150,247,469 35.07 6.987 340 79.90 Limited Documentation 110 16,581,089 3.87 6.921 337 83.01 Total: 2,914 428,403,491 100.00 6.858 342 82.06 -----------------------------------------------------------------------------------------------------------

Documentation Level. of Mortgage Pool by Aggregate Aggregate Weighted Weighted Weighted Number Cut-off Cut-off Average Average Average of Date Date Gross Remaining Combined Comb Mortgage Principal Principal Interest Term Original Documentation Level Loans Balance ($) Balance Rate (%) (months) LTV ----------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------------- Full Documentation 1,800 261,574,932 61.06 6.779 344 83.24 610 94,282,322 60.86 6.871 351 78.54 Stated Documentation 1,004 150,247,469 35.07 6.987 340 79.90 331 58,218,889 37.58 7.214 355 77.93 Limited Documentation 110 16,581,089 3.87 6.921 337 83.01 14 2,410,956 1.56 7.141 335 82.70 ---------------------------------------------------------------------------------------------------------------------------- Total: 2,914 428,403,491 955 154,912,167 100.00 6.858 342 82.06 -----------------------------------------------------------------------------------------------------------7.004 352 78.38

Documentation Level. of Mortgage Pool by Aggregate Aggregate Weighted Weighted Weighted Number Cut-off Cut-off Average Average Average of Date Date Gross Remaining Combined Comb Mortgage Principal Principal Interest Term Original Documentation Level Loans Balance ($) Balance Rate (%) (months) LTV ----------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------------------------- Full Documentation 1,800 261,574,932 61.06 6.779 344 83.24 1,248 120,952,829 53.05 8.058 285 86.14 Stated Documentation 1,004 150,247,469 35.07 6.987 340 79.90 994 86,645,064 38.00 9.066 245 88.41 Limited Documentation 110 16,581,089 3.87 6.921 337 83.01 220 20,412,779 8.95 8.669 246 90.72 Total: 2,914 428,403,491 2,462 228,010,672 100.00 6.858 342 82.06 -----------------------------------------------------------------------------------------------------------8.496 266 87.41

Documentation Level. of Mortgage Pool by Aggregate Aggregate Weighted Weighted Weighted Number Cut-off Cut-off Average Average Average of Date Date Gross Remaining Combined Comb Mortgage Principal Principal Interest Term Original Documentation Level Loans Balance ($) Balance Rate (%) (months) LTV ----------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------------- Full Documentation 1,800 261,574,932 61.06 6.779 344 83.24 1,701 319,491,533 56.84 6.826 351 79.60 Stated Documentation 1,004 150,247,469 35.07 6.987 340 79.90 1,010 220,674,357 39.26 7.328 352 79.86 Limited Documentation 110 16,581,089 3.87 6.921 337 83.01 82 21,922,637 3.90 6.808 353 79.63 ---------------------------------------------------------------------------------------------------------------------------- Total: 2,914 428,403,491 2,793 562,088,526 100.00 6.858 342 82.06 -----------------------------------------------------------------------------------------------------------7.022 351 79.70