Common use of Interest Only Term Clause in Contracts

Interest Only Term. Credit Score ----------------------------------------------------------------------------------------------------------------------------- % of Mortgage Pool by Aggregate Aggregate Weighted Weighted Weighted Number Cut-off Cut-off Average Average Average Weighted of Date Date Gross Remaining Combined Average Mortgage Principal Principal Interest Term Original FICO Credit Score Loans Balance ($) Balance Rate (%) (months) LTV Score ----------------------------------------------------------------------------------------------------------------------------- 575 - 599 179 37,457,672 21.9 6.563 357 82.64 590 600 - 624 227 51,700,799 30.22 6.429 357 83.11 614 625 - 649 154 38,149,147 22.3 6.249 357 83.09 636 650 - 674 95 22,486,391 13.14 6.076 357 82.84 658 675 - 699 32 8,976,714 5.25 5.861 357 82.12 685 700 - 724 21 5,835,485 3.41 5.731 353 82.24 711 725 - 749 11 3,255,734 1.9 5.411 341 82.17 738 750 - 774 8 2,450,950 1.43 5.493 334 82.6 760 775 - 799 2 456,000 0.27 4.648 318 79.04 779 800 + 1 306,400 0.18 5.075 357 80 801 ----------------------------------------------------------------------------------------------------------------------------- Total: 730 171,075,293 100 6.278 356 82.84 631 ----------------------------------------------------------------------------------------------------------------------------- Minimum: 575 Maximum: 801 Weighted Average: 631

Interest Only Term. Credit Score ----------------------------------------------------------------------------------------------------------------------------- % of Mortgage Pool by Aggregate Aggregate Weighted Weighted Weighted Number Cut-off Cut-off Average Average Average Weighted of Date Date Gross Remaining Combined Average Mortgage Principal Principal Interest Term Original FICO Credit Score Loans Balance ($) Balance Rate (%) (months) LTV Score ----------------------------------------------------------------------------------------------------------------------------- ---------------------------------- -------- ----------- --------- -------- --------- -------- -------- 500 - 524 129 25,482,803 2.58 7.95 353 76.33 513 525 - 549 147 26,647,496 2.7 7.72 357 73.97 538 550 - 574 309 61,637,845 6.25 7.27 355 80.30 562 575 - 599 179 37,457,672 21.9 6.563 357 82.64 590 594 108,153,203 10.96 7.04 346 81.09 588 600 - 624 227 51,700,799 30.22 6.429 357 83.11 614 813 159,819,550 16.2 6.91 342 82.52 613 625 - 649 154 38,149,147 22.3 6.249 357 83.09 636 912 174,507,739 17.69 6.85 336 82.68 637 650 - 674 95 22,486,391 13.14 6.076 357 82.84 658 781 150,724,342 15.28 6.76 336 83.03 662 675 - 699 32 8,976,714 5.25 5.861 357 82.12 685 647 124,813,872 12.65 6.76 335 83.72 686 700 - 724 21 5,835,485 3.41 5.731 353 82.24 711 381 74,998,897 7.6 6.65 332 83.31 712 725 - 749 11 3,255,734 1.9 5.411 341 82.17 738 215 41,521,208 4.21 6.58 331 83.90 736 750 - 774 8 2,450,950 1.43 5.493 131 24,945,527 2.53 6.58 334 82.6 760 85.27 761 775 - 799 2 456,000 0.27 4.648 318 79.04 779 55 10,741,620 1.09 6.65 335 81.04 785 800 + 1 306,400 0.18 5.075 357 80 801 ----------------------------------------------------------------------------------------------------------------------------- 14 2,662,795 0.27 6.32 327 85.46 810 ---------------------------------- -------- ----------- --------- -------- --------- -------- -------- Total: 730 171,075,293 5,128 986,656,898 100 6.278 356 82.84 631 ----------------------------------------------------------------------------------------------------------------------------- 6.90 339 82.27 642 Non-Zero Minimum: 575 500 Maximum: 801 821 Non-Zero Weighted Average: 631642