SECURITIES AND FUTURES AUTHORITY. Notwithstanding anything to the contrary contained in a definitive Private Placement Memorandum or any transaction document, all persons may disclose to any and all persons, without limitation of any kind, the federal income tax treatment and tax structure of the securities described herein, any fact relevant to understanding the federal tax treatment or tax structure of the securities described herein, and all materials of any kind (including opinions or other tax analyses) relating to such federal tax treatment or tax structure. -------------------------------------------------------------------------------- Page 14 Weighted Average Life Sensitivity To MATURITY ----------------------------------------------------------------------------------------------------------------------------------- PPC (%) 50 60 75 100 125 150 175 ----------------------------------------------------------------------------------------------------------------------------------- A-2 WAL (yrs) 5.76 4.95 4.05 3.06 2.37 1.85 1.38 First Payment Date 3/25/2004 3/25/2004 3/25/2004 3/25/2004 3/25/2004 3/25/2004 3/25/2004 Expected Final Maturity 6/25/2031 9/25/2029 7/25/2026 9/25/2021 2/25/2018 7/25/2015 8/25/2013 Window 1 - 328 1 - 307 1 - 269 1 - 211 1 - 168 1 - 137 1 - 114 ----------------------------------------------------------------------------------------------------------------------------------- M-1 WAL 11.05 9.49 7.73 5.88 5.00 4.76 5.40 First Payment Date 2/25/2009 5/25/2008 7/25/2007 5/25/2007 8/25/2007 11/25/2007 5/25/2008 Expected Final Maturity 10/25/2028 6/25/2026 12/25/2022 8/25/2018 8/25/2015 6/25/2013 11/25/2011 Window 60 - 296 51 - 268 41 - 226 39 - 174 42 - 138 45 - 112 51 - 93 ----------------------------------------------------------------------------------------------------------------------------------- M-2 WAL 10.97 9.40 7.65 5.79 4.81 4.33 4.21 First Payment Date 2/25/2009 5/25/2008 7/25/2007 4/25/2007 5/25/2007 7/25/2007 9/25/2007 Expected Final Maturity 4/25/2027 10/25/2024 5/25/2021 4/25/2017 7/25/2014 8/25/2012 3/25/2011 Window 60 - 278 51 - 248 41 - 207 38 - 158 39 - 125 41 - 102 43 - 85 ----------------------------------------------------------------------------------------------------------------------------------- M-3 WAL 10.85 9.29 7.55 5.70 4.70 4.14 3.89 First Payment Date 2/25/2009 5/25/2008 7/25/2007 3/25/2007 5/25/2007 6/25/2007 7/25/2007 Expected Final Maturity 10/25/2024 4/25/2022 2/25/2019 7/25/2015 2/25/2013 6/25/2011 3/25/2010 Window 60 - 248...
SECURITIES AND FUTURES AUTHORITY. SCHEDULE OF AVAILABLE FUNDS AND SUPPLEMENTAL INTEREST RATE CAP RATES (CASH CAP) (1)(2) PERIOD A-2 CAP (%) A-3 CAP (%) M-1 CAP (%) M-2 CAP (%) M-3 CAP (%) B-1 CAP (%) B-2 CAP (%) B-3 CAP (%) ---------- ------------- -------------- -------------- -------------- -------------- -------------- -------------- -------------- ACTUAL/360 ACTUAL/360 ACTUAL/360 ACTUAL/360 ACTUAL/360 ACTUAL/360 ACTUAL/360 ACTUAL/360 111 12.05 12.12 11.51 11.51 11.51 11.51 11.51 - 112 12.08 12.15 11.51 11.51 11.51 11.51 11.51 - 113 12.52 12.59 11.89 11.89 11.89 11.89 11.89 - 114 12.15 12.21 11.51 11.51 11.51 11.51 11.51 - 115 12.59 12.66 11.89 11.89 11.89 11.89 11.89 - 116 12.22 12.28 11.50 11.50 11.50 11.50 11.50 - 117 12.25 12.32 11.50 11.50 11.50 11.50 11.50 - 118 13.61 13.68 12.73 12.73 12.73 12.73 12.73 - 119 12.33 12.40 11.50 11.50 11.50 11.50 - - 120 12.78 12.85 11.88 11.88 11.88 11.88 - - 121 12.41 12.48 11.50 11.50 11.50 11.50 - - 122 12.86 12.93 11.88 11.88 11.88 11.88 - - 123 12.49 12.56 11.50 11.50 11.50 11.50 - - 124 12.54 12.60 11.50 11.50 11.50 11.50 - - 125 13.00 13.07 11.88 11.88 11.88 11.88 - - 126 12.63 12.69 11.49 11.49 11.49 11.49 - - 127 13.10 13.17 11.88 11.88 11.88 11.88 - - 128 12.72 12.79 11.49 11.49 11.49 11.49 - - 129 12.77 12.84 11.49 11.49 11.49 11.49 - - 130 14.20 14.27 12.72 12.72 12.72 - - - 131 12.87 12.94 11.49 11.49 11.49 - - - 132 13.36 13.43 11.87 11.87 11.87 - - - 133 12.98 13.05 11.49 11.49 11.49 - - - 134 13.47 13.54 11.87 11.87 11.87 - - - 135 13.10 13.17 11.49 11.49 11.49 - - - 136 13.16 13.23 11.49 11.49 11.49 - - - 137 13.66 13.73 11.87 11.87 11.87 - - - 138 13.28 13.35 11.49 11.49 11.49 - - - 139 13.79 13.86 11.87 11.87 11.87 - - - 140 13.41 13.48 11.48 11.48 11.48 - - - 141 13.48 13.55 11.48 11.48 - - - - 142 15.00 15.08 12.71 12.71 - - - - 143 13.62 13.69 11.48 11.48 - - - - 144 14.15 14.22 11.86 11.86 - - - - 145 13.77 13.84 11.48 11.48 - - - - 146 14.31 14.38 11.86 11.86 - - - - 147 13.93 13.99 11.48 11.48 - - - -
SECURITIES AND FUTURES AUTHORITY. CLASS B-2 PRINCIPAL For any Distribution Date, an amount equal to the DISTRIBUTION AMOUNT: excess of (x) the sum of (i) the aggregate Certificate Principal Balance of the Class A Certificates (after taking into account the payment of the Class A Principal Distribution Amount on such Distribution Date), (ii) the Certificate Principal Balance of the Class M-1 Certificates (after taking into account the payment of the Class M-1 Principal Distribution Amount on such Distribution Date), (iii) the Certificate Principal Balance of the Class M-2 Certificates (after taking into account the payment of the Class M-2 Principal Distribution Amount on such Distribution Date), (iv) the Certificate Principal Balance of the Class M-3 Certificates (after taking into account the payment of the Class M-3 Principal Distribution Amount on such Distribution Date), (v) the Certificate Principal Balance of the Class B-1 Certificates (after taking into account the payment of the Class B-1 Principal Distribution Amount on such Distribution Date) and (vi) the Certificate Principal Balance of the Class B-2 Certificates immediately prior to such Distribution Date over (y) the lesser of (A) the product of (i) approximately 94.00% and (ii) the aggregate principal balance of the Mortgage Loans as of the last day of the related Due Period and (B) the excess, if any, of the aggregate principal balance of the Mortgage Loans as of the last day of the related Due Period over $5,025,049. CLASS B-3 PRINCIPAL For any Distribution Date, an amount equal to the DISTRIBUTION AMOUNT: excess of (x) the sum of (i) the aggregate Certificate Principal Balance of the Class A Certificates (after taking into account the payment of the Class A Principal Distribution Amount on such Distribution Date), (ii) the Certificate Principal Balance of the Class M-1 Certificates (after taking into account the payment of the Class M-1 Principal Distribution Amount on such Distribution Date), (iii) the Certificate Principal Balance of the Class M-2 Certificates (after taking into account the payment of the Class M-2 Principal Distribution Amount on such Distribution Date), (iv) the Certificate Principal Balance of the Class M-3 Certificates (after taking into account the payment of the Class M-3 Principal Distribution Amount on such Distribution Date), (v) the Certificate Principal Balance of the Class B-1 Certificates (after taking into account the payment of the Class B-1 Principal Distribution Amount on such Distributi...
SECURITIES AND FUTURES AUTHORITY. Notwithstanding anything to the contrary contained in a definitive Private Placement Memorandum or any transaction document, all persons may disclose to any and all persons, without limitation of any kind, the federal income tax treatment and tax structure of the securities described herein, any fact relevant to understanding the federal tax treatment or tax structure of the securities described herein, and all materials of any kind (including opinions or other tax analyses) relating to such federal tax treatment or tax structure. ------------------------------------------------------------------------------- Schedule of Available Funds and Supplemental Interest Rate Cap Rates (Cash Cap) (1)(2) Period A-1 Cap (%) M-1 Cap (%) M-2 Cap (%) B-1 Cap (%) B-2 Cap (%) ------ ---------- ----------- ----------- ----------- ----------- Actual/360 Actual/360 Actual/360 Actual/360 Actual/360 36 11.24 10.54 10.54 10.54 10.54 37 19.20 10.27 10.27 10.27 10.27 38 11.52 10.61 10.61 10.60 10.60 39 11.14 10.35 10.35 10.35 10.35 40 11.23 10.43 10.43 10.43 10.43 41 11.71 10.47 10.47 10.47 10.47 42 11.44 10.27 10.27 10.27 10.27 43 11.83 10.58 10.58 10.58 10.58 44 11.49 10.32 10.32 10.32 10.32 45 11.50 10.33 10.33 10.33 10.33 46 12.33 10.98 10.98 10.98 10.98 47 11.55 10.37 10.37 10.37 10.37 48 11.94 10.69 10.69 10.69 10.69 49 11.58 10.40 10.40 10.40 10.40 50 11.98 10.72 10.72 10.72 10.72 51 11.61 10.42 10.42 10.42 10.42 52 11.80 10.60 10.60 10.60 10.60 53 12.56 10.52 10.52 10.52 10.52 54 12.17 10.21 10.21 10.21 10.21 55 12.58 10.53 10.53 10.53 10.53 56 12.18 10.22 10.22 10.22 10.22 57 12.19 10.22 10.22 10.22 10.22 58 13.51 11.27 11.27 11.27 11.27 59 12.21 10.33 10.33 10.33 10.33 60 12.62 10.66 10.66 10.66 10.66 61 12.22 10.35 10.35 10.35 10.35 62 12.63 10.67 10.67 10.67 10.67 63 12.23 10.35 10.35 10.35 10.35 64 12.24 10.36 10.36 10.36 10.36 65 12.66 10.69 10.69 10.69 10.69 66 12.25 10.37 10.37 10.37 10.37 67 12.67 10.70 10.70 10.70 10.70 68 12.27 10.38 10.38 10.38 10.38 69 12.27 10.38 10.38 10.38 10.38 70 13.60 11.44 11.44 11.44 11.44 71 12.29 10.40 10.40 10.40 10.40
SECURITIES AND FUTURES AUTHORITY. XXXXXX XXXXXXX XXXX XXXXXX -------------------------------------------------------------------------------- MSDWCI MSDWCI SERIES 2001-TOP1 (PRICED) CLASS A2 -------------------------------------------------------------------------------- Class A2 Delay 14 Payment Freq Monthly Yield Day Count 30/360 Yield Freq SemiAnnual Yield Table Date 02/07/2001 Cusip N/A First Payment Date 03/15/2001 Next Payment Date 03/15/2001 Settlement Date 02/23/2001 Interest Freq Monthly Credit Rating AAA/AAA Dated Date 02/01/2001 Factor 1.00000000 Current Balance 203,500,000.00 Coupon 6.32000 Market Desc N/A Original Balance 203,500,000.00 Lead Manager Xxxxxx Xxxxxxx & Co. Orig Deal Size 1,156,426,170.00 Num of Tranches 22 Deal Age 0 TREASURY CURVE
SECURITIES AND FUTURES AUTHORITY. This information is being delivered to a specific number of prospective sophisticated investors in order to assist them in determining whether they have an interest in the type of security described herein. It has been prepared solely for information purposes and is not an offer to buy or sell or a solicitation of an offer to buy or sell any security or instrument or to participate in any trading strategy. This material is based on information that Morgan Stanley & Co. Incorporated ("Morgan Stanley") considers reliaxxx. Xoxxxx Xxanley makes no represexxxxxxn xx xxxranty with respect to txx xxxuxxxx xx completeness of the information, or with respect to the terms of any future offer of securities conforming to the terms hereof. Any such offer of securities would be made pursuant to a definitive Prospectus or Private Placement Memorandum, as the case may be, prepared by the issuer which could contain material information not contained herein and to which the prospective purchasers are referred. In the event of any such offering, this information shall be deemed superseded, amended and supplemented in its entirety by such Prospectus or Private Placement Memorandum. Such Prospectus or Private Placement Memorandum will contain all material information in respect of any securities offered thereby and any decision to invest in such securities should be made solely in reliance upon such Prospectus or Private Placement Memorandum. The information contained here in may be based on certain assumptions regarding market conditions and other matters and is therefore subject to change. We make no representations regarding the reasonableness of such assumptions or the likelihood that any of such assumptions will coincide with actual market conditions or events, and this material should not be relied on for such purposes. No representation is made that any returns indicated will be achieved. Changes to the assumptions may have a material impact on any returns detailed. Morgan Stanley disclaims any and all liability relating to this infoxxxxxxn, xxxxxding without limitation any express or implied representations or warranties for, statements contained in, and omissions from the information contained here in. Additional information is available upon request. Morgan Stanley and others associated with it may have positions in, xxx xxy xxxxxx transaction in, securities and instruments of issuers mentioned herein and may also perform or seek to perform investment banking service...
SECURITIES AND FUTURES AUTHORITY. Notwithstanding anything to the contrary contained in a definitive Private Placement Memorandum or any transaction document, all persons may disclose to any and all persons, without limitation of any kind, the federal income tax treatment and tax structure of the securities described herein, any fact relevant to understanding the federal tax treatment or tax structure of the securities described herein, and all materials of any kind (including opinions or other tax analyses) relating to such federal tax treatment or tax structure. -------------------------------------------------------------------------------- Page 17 TO MATURITY ----------- PERCENTAGE OF CLASS B-2 CERTIFICATE PRINCIPAL BALANCE OUTSTANDING DATES PPC 0% PPC 75% PPC 100% PPC 125% PPC 150% ------------------ ----------------- ----------------- ----------------- ----------------- ----------------- Initial 100 100 100 100 100 May 2004 100 100 100 100 100 May 2005 100 100 100 100 100 May 2006 100 100 100 100 100 May 2007 100 87 64 46 33 May 2008 100 70 48 32 20 May 2009 100 56 36 22 2 May 2010 100 45 27 10 0 May 2011 100 36 20 0 0 May 2012 100 29 9 0 0 May 2013 100 23 0 0 0 May 2014 100 19 0 0 0 May 2015 100 9 0 0 0 May 2016 100 0 0 0 0 May 2017 100 0 0 0 0 May 2018 100 0 0 0 0 May 2019 100 0 0 0 0 May 2020 100 0 0 0 0 May 2021 100 0 0 0 0 May 2022 100 0 0 0 0 May 2023 100 0 0 0 0 May 2024 100 0 0 0 0 May 2025 96 0 0 0 0 May 2026 87 0 0 0 0 May 2027 77 0 0 0 0 May 2028 66 0 0 0 0 May 2029 54 0 0 0 0 May 2030 41 0 0 0 0 May 2031 28 0 0 0 0 May 2032 2 0 0 0 0 May 2033 0 0 0 0 0 Average Life to 26.08 7.29 5.48 4.49 3.91 Maturity (years) Average Life to 26.02 7.03 5.29 4.33 3.79 Call (1) (years)
SECURITIES AND FUTURES AUTHORITY. CONTIMORTGAGE HOME EQUITY LOAN TRUST 1998-3 -------------------------------------------------------------------------------- Group I Computational Materials Decrement Tables Class A-1 To Maturity Average Life 5.55 0.84 0.59 0.46 0.39 0.36 0.32 0.30 First Prin 10/15/98 10/15/98 10/15/98 10/15/98 10/15/98 10/15/98 10/15/98 10/15/98 Last Prin 10/15/09 3/15/00 9/15/99 6/15/99 5/15/99 4/15/99 4/15/99 3/15/99
SECURITIES AND FUTURES AUTHORITY. XXXXXX XXXXXXX MSDWCI SDWCI SERIES 2002-TOP7 CLASS A2 ------------------------------------------------------------------------------------------------------------------------------------ Class A2 Settlement Date 06/18/2002 Coupon 6.13000 Cusip N/A Original Balance 572,335,000.00 Dated Date 06/01/2002 Delay 14 Yield Table Date 05/31/2002 Current Balance 572,335,000.00 First Payment Date 07/15/2002 Lead Manager Xxxxxx Xxxxxxx & Co. Yield Frequency SemiAnnual Credit Rating AAA/Aaa Next Payment Date 07/15/2002 Orig Deal Size 969,447,715.40 Yield Day Count 30/360 Market Desc N/A Payment Freq Monthly Num of Tranches 21 Factor 1.00000000 Interest Freq Monthly Deal Age 0 PREPAY CPR 0 (!YM) CPR 25 (!YM) CPR 50 (!YM) CPR 75 (!YM) CPR 100 CPR 25 CPR 50 CPR 75 TREASURY SHIFT --------------------------------------------------------------------------------------------------------------------------------- PRICE / YIELD --------------------------------------------------------------------------------------------------------------------------------- 96.5049 6.6750 6.6756 6.6763 6.6774 6.6849 6.6879 6.6916 6.6918 96.7549 6.6386 6.6390 6.6397 6.6407 6.6477 6.6510 6.6544 6.6545 97.0049 6.6022 6.6026 6.6032 6.6041 6.6105 6.6141 6.6173 6.6172 97.2549 6.5659 6.5663 6.5669 6.5677 6.5735 6.5774 6.5804 6.5801 97.5049 6.5298 6.5302 6.5306 6.5314 6.5366 6.5408 6.5435 6.5432 97.7549 6.4938 6.4941 6.4945 6.4952 6.4998 6.5043 6.5068 6.5063 98.0049 6.4579 6.4582 6.4585 6.4591 6.4632 6.4679 6.4702 6.4696 98.2549 6.4221 6.4223 6.4227 6.4231 6.4266 6.4317 6.4337 6.4330 98.5049 6.3864 6.3866 6.3869 6.3873 6.3902 6.3956 6.3973 6.3965 98.7549 6.3509 6.3510 6.3512 6.3516 6.3539 6.3595 6.3610 6.3601 99.0049 6.3154 6.3155 6.3157 6.3159 6.3177 6.3236 6.3249 6.3238 99.2549 6.2801 6.2802 6.2803 6.2804 6.2816 6.2879 6.2889 6.2876 99.5049 6.2449 6.2449 6.2450 6.2450 6.2456 6.2522 6.2530 6.2516 99.7549 6.2097 6.2097 6.2097 6.2097 6.2098 6.2166 6.2172 6.2157 100.0049 6.1747 6.1747 6.1747 6.1746 6.1740 6.1812 6.1815 6.1799 100.2549 6.1399 6.1398 6.1397 6.1395 6.1384 6.1458 6.1459 6.1442 100.5049 6.1051 6.1050 6.1048 6.1046 6.1029 6.1106 6.1104 6.1086 100.7549 6.0704 6.0702 6.0700 6.0697 6.0675 6.0755 6.0751 6.0731 101.0049 6.0358 6.0356 6.0354 6.0350 6.0322 6.0405 6.0398 6.0377 101.2549 6.0014 6.0011 6.0008 6.0003 5.9970 6.0056 6.0047 6.0025 101.5049 5.9670 5.9668 5.9664 5.9658 5.9619 5.9708 5.9697 5.9673 101.7549 5.9328 5.9325 5.9321 5.9314 5.9269 5.9361 5.9347 5.9323 102.0049 5.8987 5.8983 5.8978 5.8971...
SECURITIES AND FUTURES AUTHORITY. Notwithstanding anything to the contrary contained in a definitive Private Placement Memorandum or any transaction document, all persons may disclose to any and all persons, without limitation of any kind, the federal income tax treatment and tax structure of the securities described herein, any fact relevant to understanding the federal tax treatment or tax structure of the securities described herein, and all materials of any kind (including opinions or other tax analyses) relating to such federal tax treatment or tax structure.